ron ron. it has been a great privilege to host mosaic. and as we -- ron swisher, it has been a great privilege to host mosaic. and this design here is unique and i think you said your daughter has done that. >> yeah, she is executive director of attitude healing connection. and she did that design for the -- to show the quest always looking for happiness. >> what are some of the practical methods? now, you make reference to silence. you make reference, of course which we already alluded to, attitude has a lot to do with it. i think of poor john milton in paradise lost he talk bus our minds can determine heaven or hell or hell and heaven. what are some of the ways in which we can i can't she that in our inner life as well as outwardly? >> this goes back to your other question, what is happiness. >> okay. >> and that we in our book discussed different ways for us to actualize happiness. and the main reason is that we are lost. and to actualize our happiness we have to come from our inner peace. so, in our book we talk about getaways and the gateways are dif

ron gonzales. ron, thank you for being here. it's great to see you. ron gonzales: thank you for the invitation, robert. it's always good to talk to an old neighborhood friend. robert: a fellow jet. ron: a fellow jet, yeah, though i was just a few years ahead of you. robert: that's right. well, first of all, let's talk a little bit about the hispanic foundation. i mean, because again we were talking about it's on "asian pacific america," but we both know that there are a lot of common links and threads to both communities, right? ron: absolutely, absolutely. the hispanic foundation of silicon valley this year in 2018, i still can't believe i'm saying 2018, but we're now in our 29th year of operation. so, by nonprofit standards and particularly in this valley, who's, you know, seen so many ups and downs in terms of the economy, that's a pretty good--pretty good legacy to have in terms of 28 years of serving the hispanic community and other communities that call silicon valley their homes. robert: yeah. i mean, it's because of the work maybe in public school

ron ron christie. you have written a piece on the bbc website that i would recommend people to read. where why are you channelling your inner clint eastwood? there are has been so much that good that come. unemployment rate has dropped for african—americans. we have seen the economy of war. consumer and business confidence is up. you get to the bad. the bad is we have the lafrjest governing majority since 1929. republicans don't act as if they know how to govern. the youing rein the oval office that took place or didn't about certain countries. more than that, i think the ugliness is the insulting terms that the president uses to characterise those perceived or real political opponents on twitter. that is ugly and beneath the dignity of the office of president and i wish he would stop doing it. it's clear talking to trump supporters they don't like what you are talking about the tweeting but they love the state of the economy. does that mean president trump is setting himself up president trump is setting himself upfora president trump is setting himself up for a better year this coming year than the previous year if the tax cuts start filtering through and the economy keeps growing. his support numbers could go up? at the end of the piece i think the next 365 days depend on donald trump. can he work with the government to keep the government open? can he find a way to keep the economy humming around. if he can, i think he will be well poised for re—election in 2020. it's up to trump. can he get along with congress? can he get along with congress? can he get along with congress? can he get along with people in this town and can he find a way, as he would say, to make america great again. good to see you, ronl saying you had an invite to the white house for the martin luther king event and i'm not going. why did you decide not to go? good to see you. it was a tough choice for me, the honour of being invited to the white house and to be with the president of the united states is a serious one. i did not like some of the things that were coming from the white house and what sealed the deal for me was this was the day before the infamous — we know what the president said in the 0val know what the president said in the oval office, the "s" word day. on the day the president was going to signa the day the president was going to sign a rock cloe mace to honour martin luther king. i could not do it. i didn't go. trump supporters come on twitter saying you don't talk about his successes. we have talked a lot about his successes we talked a lot about his successes we talked about the dowjones going through the 26,000. fastest 1,000 points in history. we talked about the tax cuts. if you were to loo

jane: ron christie, thanks for joining me. ron: great to see you. jane: ok, for all the drama in washington, what do president trump's supporters think of him his performance so far? the state of michigan was key to his victory, not having voted republican in almost 30 years. rajini vaidyanathan has returned to detroit to check in on trump supporters she spoke to in the past. rajini: the economic decline in detroit, america's motor city, came to symbolize and america many voters felt had been left behind by politicians. ago,i came here to years -- 2 years ago donald trump was , not even the republican candidate. but it was his win in the michigan primary that eventually propelled him into the white house. i met a man named rich ashby. a union member who signed on to the trump train early on. rich, how are you? >> i'm doing wonderful. rajini: how does he feel a year into the presidency? >> i'm happy with the results with the economy, not that he is the total reason things have been turning around, at least in our region of the country, but he has pla

ron in tennessee ron? >> caller: yes, how you doing, jim? >> good, how about you >> caller: i'm doing great listen i have a question about cyber arc software why duds cyber ark keep slipping after announcing earnings? do you think they're a candidate for a merger >> i think they're a candidate for a merger but last quarter was just okay versus palo alto, great quarter. >>> the speculators are pressing me on marijuana which i believe in but sessions hurt the u.s. story. they're pressing me on cryptocurrencies, i don't feel like i can buy in on ripple but i think these things have a lot of risk. and micron, if you recognize you are speculating, i'm going to feel better, that's fine it's not gospel and it's not investing. except for micron. there's much more "mad money." alchemies has a drug at the center of the war against opioid addiction. i'm speaking ining with the ce find out more about the fight. does your portfolio have what it takes to succeed in the market i'll be the judge of that. and then rapid fire and the lightning round. stick with cramer. ♪ ♪ ♪ ♪ what we do every night is like something out of a strange dream. except that the next morning... it all makes sense. fedex powers global commerce with vast, far-reaching networks... deep knowledge of industries... and, yes... maybe a little magic. ♪ >>> how long does it take for a once beloved country to get out of the doghouse? alkemes. two years we learned a doe presentation drug they were working on failed to meet the primary end point of its clinical trial since then alkermes has been working its way higher but it's 25 bucks below it was trading before everything got dinged at the beginning of 2016. maybe that change this is year, though the company had several major catalysts ahead including the same depression drug coming up for fresh review they have three drugs in phase three trials plus the company has two drugs on the market, vivitrol for recovery addicts and a long acting compound for people with schizophrenia and psychotic disorder and this morning the ceo tweeted that 2018 could be a transformative year. we know the company is presenting tomorrow at the j.p. morgan health care conference, maybe we can get preview so let's get a closer look with richard pops, the ceo of alkermes welcome back to "mad money." >> good to be with you, jim. >> richard, you did something bold today and i know you don't do things bold unless you can back it up you said 2018 would be a transformative year of milestones, please elaborate. >> you know how it is in biotech. it takes many years to make a drug sometimes ten years and a billion dollars. some years you're doing the work and no one is paying attention and some years you reveal the data 2018 for us is one of those years where we literally have transformative milestones on each of our major programs, including our in-market products that you mentioned as well as our depression drug, our schizophrenia drug and our multiple sclerosis drug. >> okay. you're -- let's say your smile has been getting a level of confidence that i want to have because i believe as you know that when alkermes stock was in the 20s, should i get rationally exuberant? you probably know how things look in those different products. >> i do and you know i've done this for enough years, jim in biotech you have to be careful. things tend to take longer and a harder than you think. in our business our business is so diversified we work in so many areas and we have so many different medicines that there's usually something positive about to occur 18 is one of those years for both of the drugs you've followed for years, it's gratifying to see how those medicines are having an impact on patient's lives we're making a big impact in addiction after all these years and our work in schizophrenia couldn't come at a more important time for the whole public health as that disease continues to cost the systems millions and billions of dollars and patients are still suffering. >> let's start with opioid a lot of us cannot believe that vivitrol isn't the standard of care for the recidivist population coming out of prisons. what is the roadblock to having something that could really slow down or even stop opioid addiction which you know is a raging epidemic. whe >> look at the numbers on vivitrol vivitrol is growing beautifully. it's becoming one of the more important medicines for the treatment of this condition. interestingly, jim, vivitrol is indicated for something different than other medicines there's only three fda approved medicines for treatment of opioid dependency. vivitrol is indicated to prevent relapse. it's for patient who no longer want to be physically dependent on an opioid and that was viewed as an outlier. who would want to do that. with more and more data in last quarter there was a major government study that was published that showed the efficacy of vivitrol compared to these existing medicines and how well patients do on it over time so i think the best days for vivitrol are ahead of it. >> i hope so because i've believed in this drug for a long time and don't understand why it is a mandate for our country let's talk schizophrenia and bipolar. very hard to address drugs in the market have historically, let's say, gained -- people gained so much weight that they literally would rather care about how they look than how their brain is doing. what is different about yours and how do we get people to stay on them and not go off the meds? >> well, here's a perfect example of where efficacy of a medicine is only one part of the story because as you said, if you have an efficacious medicine but somebody gains 50, 60, 70 pounds, they won't take it and when schizophrenic patient doesn't take their medicine, what happens they relapse and end up in the hospital and their disease progresses so our medicine, 3831, is in phase three, which is the final stage of testing we've completed one of the pivotal studies successfully last summer and the second pivotal study is due in the third quarter of this year and that study we're looking at the weight gain associated with use of our drug compared to drug that causes a lot of weight gain and so far the data to date have shown we've attenuated or blocked that weight gain associated with that medicine which is considered to be one of the most efficacious of the anti-psychotics. another one of these examples in 2018 where we'll turn over the cards that show the final clinical data that prove or disprove the efficacy of 3831 for patients with schizophrenia. >> wow look, i have to tell you, you know, this is an area i know this would be unbelievable if you can do it and it would make people want to buy the stock for higher prices than they are. richard pops, thank you for giving us the preview of what you'll talk about at the big conference that's alkermes richard pops he is very positive which makes me want to be positive "mad money" is back after the break. >>> it's time for the lightning round. are you ready? it's time for the lightning round. let's start with sandy in michigan sandy. >> caller: booyah, jim, how are you? >> booyah. >> caller: happy new year to you and thanks for everything that you do, you and your staff my question is about ntr -- >> well, if you're going to go anything a.g. i am going to send you to de, that's my go to stock. i'm not changing i'm going to eddie in pennsylvania edd eddie. >> caller: this is eddie calling from the mushroom capital of the world, temple p.a. >> you bet it is, what's up? >> caller: i filled up my roth i.r.a. for 2018 and i'd like to get more analog devices. >> i don't blame you i want time back on the show those guys are great guys. we need to go to paul in pennsylvania paul >> caller: jim, how are you doing? >> i couldn't be better. i like a philadelphia accent better than anything else. what's going on? >> caller: first time caller, long time viewer. >> thank you. >> caller: and booyah to you, jim, well deserved. >> thank you so much, i'm all fired up, paul what's up? >> caller: my stock is the ebay of latin america, mercadolibre and its ticker symbol melr it's supposed to have 30% growth in earnings but it has bearish tendencies about it. could you tell me about it >> i think it may have bearish tendencies but it's a bullish stock and one of the few from latin america that i like. i think it's better than ebay, i think it has better growth, i like it and i have since 1999. let's go to anthony in michigan. anthony. >> booyah, jim thank you for helping main street. >> man, thank you, thank you >> caller: i'm interested in knowing about seattle genetics >> you know, satellite genetics is trading with all the biotechs and it shouldn't it has stuff in the pipeline but let's accept the fact that the biotechs, as i saeaid on scott wapner's half time show, are in some kind of bearish phase karen in california, karen >> caller: from huntington beach, shipping you warmer weather. >> i need it so bad. what's going on? >> caller: itabbvie a value prie stock? >> i think you can go higher even though it's a monster how about william in connecticut, william >> caller: how are you doing, jim? i'm calling about in 2011 you were talking about teradyne. it was $7.26 the next day i went down and bought it at my broker there and i bought a lot of shares, too, and it's $55 today at close. unbelievable returns, like 490% return i don't take it off the table, you say do it, i didn't do it. i'm going to ride it. >> take your crawl spaces out, let the rest run, it's a great company and i put in the the category, by the way, with lam research well played, well done let's go to mark in wisconsin. mark >> jim, i've got an lp for you, en antero midstream >> i think they're very good and i'm going to talk about magellan on wednesday but antero is a good company one more ronn? >> caller: hey my stock has had trouble breaking through the 50-day average for a long time until last week, what do you see platform specialties going for >> don't like platform specialty because i think the dow dupont, which is being run by ed breen, is a much better company, that's the one i recommend in this sect or, n or ladies and gentlemen, the conclusion of the lightning round. what's the hesitation? conclusion of the lightning round. well sure, at first, but jj can help you with that. jj, will you break it down for this gentleman? hey, ian. you know, at td ameritrade, we can walk you through your options trades step by step until you're comfortable. i could be up for that. that's taking options trading from wall st. to main st. hey guys, wanna play some pool? eh, i'm not really a pool guy. what's the hesitation? it's just complicated. step-by-step options trading support from td ameritrade >>> it's new year. what better time reassess your portfolio to make sure it's still i

ron so let me go to ron here and you know people voted for the president because he want to he will put a big beautiful wall up ok you see c.n.n. and all of the little cry and oh we're so her. well no. let me go to. jesse i need the equal time i need equal time for everyone here ron ok all right let's take the wall as an example here depending on what cable station i go to it's a good idea it's a bad idea but i never really hear experts explain why it's why it's good all i hear is no moral preening all the time oh it's moral you know your race is tell me how is the wall good at work how much is it going to cost just how does that change reality how is it part of a larger immigration because i'm for immigration reform so this is the stuff i want to know but i never learned any of it go ahead ron yeah and all right let's put the moral argument aside because you know when we definitely do not have a consensus there i think it's a morally disgusting idea but that's a moral judgment call so let's look at it economically we don't know exactly how much it's going to cost we don't even know there's a lot of numbers that have been thrown out there furthermore donald trump wants to privatized the entire thing so this will just be given to contractors and let's be honest th

ron myer, ron, thank you so much for joining us this morning, we appreciate it. >> thanks, heather. heather: let's begin with what is impacted by the shutdown, okay, this one, thousands of federal employees placed on furlough, they won't report to work on monday today, the military won't be paid but will report for duty. now, here is what's not impacted by the shutdown, post offices not impacted, social security checks still in the mail, national parks remain open most of them, airports stay open, most of them, they all stay open, so the difference between 2013 and now and can you really make that comparison that the media is going to crazy over? >> well, certainly president trump is making the shutdown a lot easier than president obama. president obama we wanted to inflict the maximum amount of pain because he thought republicans would be blamed and republicans were blamed, he shut down monument and parks and post office, the biggest difference is how can you say president trump isn't leading when he is giving democrats literally all they wanted on the cr, everything is funded, every policy that president obama put in place is funded, obamacare is funded, chip is funded, something that democrats have been trying to get passed for a long time and republican support. when you give the side all they want with the budget and they don't support it, you have to wonder, well, who is causing the problem here, that's the biggest difference, in 2013 ted cruz held up the government because he tried to take something out of the budget. trump is trying to take out nothing out of budget, he's giving democrats a fully funded budget and they are still saying no, i think they say no because they it undermines presidency. heather: let's go back to what schumer and pelosi had to say on the shutdown in 2013, listen to this. >> i call them legislative arsonist, burn down what we should be building up in terms of investment and education and -- and scientific research and all that it is that make our country great and competitive. >> it's sort of like this, someone goes into your house, takes your wife and children hostage and says let's negotiate over the price of the house. we can do the same thing on immigration. heather: really, oh, really, ronabout hypocrisy. the biggest thing is everybody and in some ways rightly attacked ted cruz for being part of government shutdown in 2013, now the senators who represent the military, federal contractors, the senators here from virginia, tim cain who ran for vice president, mike warner are the ones causing the shutdown. it's hurting constituents directly. yet, they are not doing anything to try to lead on the issue. they aren't creating any sort of extension. they aren't trying to get out there and say, listen, we need to make sure our constituents are taken care of. they are out there to undermine president trump, that's not really leading. i not everybody is a fan of the president in northern virginia or dc area, guess what, he's the one trying to keep the government open and that's what they want. heather: you take a look at the hadlines son -- headlines of liberal or mainstream media, they are blaming the democrats, they are saying that they are not the ones working with republicans

as the as the driver wants it to be autonomous now i'm joined by ron williams ron come on over here thank you very much for joining us ron is a product specialist here at toyota and your company has made some news this week here at c e s with a big deal that you've signed with amazon for alexy in your cars tell us about that really exciting announcement for us was a partnership with with amazon and alexa and of course also with amazon in the palette series about to with the autonomous vehicles it's really great to have this assistant on board and i think what you're seeing especially with our concept i series here not only are you able to speak with the vehicle but moving towards it actually becoming a body or a partner in the vehicle and you mentioned earlier that the that alexa will get to know all the family members so if you have a a car full of kids or teens it'll it'll actually get to know who's driving and who's the passenger but these. distant in the content i series right now is called u.e. and well that become a lex and a future with its potential is it's a possibility i suppose with this new partnership but ye

department allentown office, and ron what can you tell us about the conditions you guys are seeing on the roads this morning so far? >> ron, can you hear us? >> yes. >> okay, ron, thanks for talking to us this morning. again, what can you tell us about the conditions you guys are seeing there in the lee high valley this morning? >> well, most of the roads are either wet or in some areas they're starting to get a bit of snow or slush cover on them. it looks like it's going to continue to snow through the morning rush hour. we want them to be alert of that. and if they can delay their start of the day, that would be very good for their benefit and our benefit. and just be careful out there because there's going to be snow through the morning rush hour. >> and especially challenging in the places where it started as rain, right? because you can't get the salt down as you usually would when you're waiting for a snowstorm. >> in some of our areas we did have some conditions overnight so we had to limit the amount of salt used. but it's snowing pretty consistently throughout our region now, and it's starting to accumulate. so we want people to be alert and use our p

their own appearance of integrity, but you have -- you know, the situation here, jake, with ron johnson, senator ronohnson, great state of wisconsin, i'm a badger personally, i take it personally. we're used to this from the house, not a sitting senator. i mean get your staff together, do a little research. find out more. don't go out. don't go out half-cocked swindle your own credibility in a situation that we know is fraud. there's a lot of tension in politics. >> great point. elected officials put it out there, and when asked to apologize, he did not say yes or no. a, people don't text about secret societies on government issued phones, but even the doj made light of this. when the spokesperson was on cnn this morning, she made jokes about being in the secret society and not telling people about it, and chris cuomo was, like, do you know about this? i don't know. it's unclear. there's text messages. it just goes to show these are elects officials. what they say matters. some people probably do believe that there's a secret society. >> this is the text getting attention, lisa writing, the day afte

andrea: ron es el chofer . rons y yuma. los pacientes turistas estacional en estados unidos y caminar hasta la clÍnica. los algodones es una ciudad inusual, con mÁs de 300 consultorios dentales y que ha crecido gracias a los altos costos de los servicios de salud en los estados unidos. el primero en ser atendido es richard. ahora le van a colocar una corona y luego le realizarÁn una compleja cirugÍa de encÍa. ernesto montoya es el mÉdico y el asistente rural, cuya historia richard jamÁs pudo imaginar. >> era cocinero los estados unidos. andrea: y quÉ pasÓ? >> pasÓ que me deportaron. tenÍa papeles, pero me deportaron. andrea: richter y a pasÓ la primera prueba con Éxito. >> listo. hambre a: ahora le toca la segunda prueba, la cirugÍa de encÍa. sabes que a frank lo deportaron de estados unidos en el 2005? >> y quiÉn perdiÓ? ellos . por esa razÓn me han tratado con tanto respeto, profesional. Él tenÍa talentos que podría dar a-- darlos en amÉrica y ya no puede. >> todos los dÍas van y vienen. andrea: estÁn separados d

ron klain. and ron, you've been in those meetings in the white house, both as a senate staffer and as a white house staffer. >> right. >> what did you make of what we saw there today? >> another sterling episode of the "the apprentice: moron edition." it doesn't read his briefing materials, doesn't have any idea what he was doing, and basically was just trying to put on a show and trying to make it seem that he was at least sane. i think he passed the sanity test perhaps for 55 minutes, but not the presidential test. he doesn't really know what he stands for. he doesn't know the differences between the democrats and the republicans. and, look, the idea he is somehow coming around on immigration to a more compassionate position seems profoundly unlikely to me in light of the fact yesterday he was revoking status for 200,000 salvadorans. it was a nice show in the cabinet room. another reality tv show program, but no presidenting and no progress. >> now let's watch him agree to the position that was absolutely unthinkable for donald trump or steve bannon until donald trump agreed with it today. and that of course is a pathway to citizenship. let's look at this. >> i've been for a pathway to citizenship for 11 million people because i have no animosity for them. >> i would vote for a path to citizenship which isn't very easy or the me, but i would do it just as an effort. >> that whole path is an incentive for people. it would be an incentive for people to work hard and do a good job. >> david frum, he is actually making sense there. but he has no idea that he is contradicting himself. >> well, president obama as you recall did two of these kinds of events. one with the whole republican caucus after the election of 2010, and one earlier in 2010 with health care. and in both cases, republicans resented the encounter because president obama was very forceful. he has strong views, and he took advantage of the power of the presidency to wrong foot his opponents. that's not what you -- it's the opposite here. donald trump, he just puffed with the wind. and for those people who look to donald trump to be an immigration enforcer, i think it must have been a very dispiriting event. there was no content to it at all. the core trumpian idea, or the core idea of trump supporters has always been that daca -- some action on daca had to be traded for some other things that republicans wanted. reduction in overall numbers, reorientation of american immigration policy away from family reunification towards skills. and he is giving away the center part of his negotiation for nothing. >> and ronbannon position and now that bannon is completely shunned and banished and now completely unemployed, it's being held up now by nothing other than ann coulter tweets the bannon position. here is what ann coulter tweeted today. the daca lovefest confirms a main thesis of michael wolff's book. when bannon left, liberal dems, jared, ivanka, cohn and goldman sachs took over. nothing michael wolff could say about real donald trump has hurt him as much as the daca lovefest right now. >> well, i'm torn, lawrence. because i kind of wish what ann coulter said was true. but i think we're forgetting one character here. the white nationalist stephen miller who still works in the white house and last week was writing donald trump's talking points about this daca negotiation. i think it's very unlikely that donald trump has changed his spots on immigration. and i think that, you know, just as unlikely as it is that lucy is going to let charlie brown actually kick the football this time. i think we'r

laura: ron christie, thank you for joining us. ron: great to see you. laura: the president's tough talk the past 24 hours is not confined to domestic feuds. on the international scene, mr. trump had choice words for kim jong-un, claiming that his nuclear button is bigger than the north korean leader's. against the bellicose backdrop, north korea has reopened the diplomatic hotline to the south. our correspondent rupert wingfield-hayes reports from seoul. rupert: on monday, kim jong-un welcomed in the new year with a more conventional display of fireworks than the sort he has been firing off throughout 2017. but anyone who is helping his -- who was hoping his new year message would carry an offer of peace and goodwill was quickly disappointed. "the entire united states is within range of our nuclear weapons," he said, "and the nuclear button is always on my desk. this is reality, not a threat." that was all the excuse president donald trump needed, and as we have come to expect, his response came in a twitter tirade. "north korean leader kim jong-un just

ron vin luan es el chofer. ron, cuéntame. ¿cuánto tenemos de viaje y cómo va a ser? ron: so, we are on our way to los algodones. te vas a hacer hoy? ¿qué--qué es lo que vas a hacer? richard: ah. sufrir mucho. andrea: [ríe] estamos ahora en la frontera entre los algodones y yuma. los pacientes turistas estacionan en estados unidos y caminan hasta la clínica. richard: qué lindo, ¿eh? andrea: los algodones es una ciudad inusual con más de 300 consultorios dentales y que ha crecido gracias a los altos costos de los servicios de salud en los estados unidos. el primero en ser atendido es richard. ahora le van a colocar una corona y luego le realizarán una compleja cirugía de encías. ernesto montoya es el médico. y el asistente, frank, cuya historia richard jamás pudo imaginar. frank: era cocinero en estados unidos. andrea: ¿y qué pasó? frank: pasó que... me--me deportaron. no tenía papeles y me deportaron por andar de mojado. andrea: ¿y aquí te vienen a buscar? frank: y aquí ahora me vienen a buscar y... me siento gustoso de trabajar para la empresa. andrea: richard ya pasó la primera prueba con éxito. ernesto: okay.

. >> go ahead, ron burgundy. go ahead, ron. make fun of people screwing up. >> i don't need copy, that's why. >> oh! >> you just keep eating. >> let me show you something you haven't seen before you have seen it all, mr. jaded. >> all right. >> how about this snow that fell all over the place? yep, for real. this is in a real place. >> it is st. petersberg russia. >> we just ruined that. >> no. i think the tease is what the heck? why is it snowing blue snow? >> all right. >> and it has nothing to do with like an airplane flying over or anything excuse me everyone! paul? paul? this is three million dollar mega multiplier the new game from the pennsylvania lottery with top prizes of three million dollars! three million dollars! did you win? i don't know. i'm so excited about it. this could be a big winner! just had to share. carry on. sometimes the moments before you scratch are as exciting as the moments you do. keep on scratchin'! >> talking about fish oil, make says he's been doing it what, two weeks. >> losing my memory littl

ron christie. beverly hallburg. ron krist to you on this. adam schiff dejected there. he did get right, this is historic for many reasons, american public som should appld transparency. >> good afternoon, this is a historic evening the vote that just took place is vitally important, american people have been told that trump administration as colluded with russia government, underlying investigation that taking place is that democrats, fueled a dossier that has we believe was used to then spy on innocent americans, american people deserve to see the 4 pages, we need to know what our government did, did they use irk menges ire police power state they have to stystay on innocent importance. charles: we'll get a chance to see what some house members describe as horrific, shocking news, very damning for our intelligence committee. >> also report that mccabe staff members read the report ahead of time, there is reason to think there is a lot in this memo. democrats, we're seeing them talk about this being a witch-hunt by the republicans. and making this all about mueller investigation. i would point to tray gowd treyn this who said for a while that mueller investigation could continue, that mueller should not be fired but, he says this memo needs to be released. charles: mccabe a boss saw the memo yesterday. a lot of speculation as too his early departure today. >> i think really important to get this out. our political system is built on being accountable to the electorate, we have this state that has been unaccountable in many ways and many respects this goes a long way to restore it this goes down to the voters and as much knowledge as they could have go information. charles: so confusing. like, all of the soap operas that, they all, i can not keep track of different branches, none of them feel kosher to me. >> i hope this will give credibility, i am glad they are doing investigation, i love schiff a response's response, hy reckless if this is released, classic. charles: it is. also, schiff said that the minority was informed by majority they open an investigation into doj and fbi, we'll delve into that, we'll be right back. my name's dustinhey, dustin. grab a seat. woman: okay. moderator: nice to meet you. have you ever had car trouble in a place like this? 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(laughing) i definitely feel like i'm in a dependable vehicle right now. woman 2: i want a chevy now. woman 3: i know! charles: in about 24 hours president trump will address nation on capitol hill for his first state of the union, sticks stick with fox business live for our coverage, it begins rights here, 7 p.m., with our all-stars. and while some advisee happy to earn commissions from you whether you do well or not, fisher investments fees are structured so we do better when you do better. maybe that's why most of our clients come from other money managers. fisher investments. clearly better money management. you know how painful heartburn can be. for fast-acting, long-lasting relief, try doctor recommended gaviscon. it quickly neutralizes stomach acid and helps keep acid down for hours. relieve heartburn with fast- acting, long-lasting gaviscon. charles: house intelligence committee votes to release the fisa momento, bringing in rnc spokeswoman, kaley, big news, representative schiff giving a demoralizing speech, condemning the process. i believe that is what american people want. there are too many questions out there. if i am in the intelligence community i would want this. >> absolutely, american people' transparency. 4 amendment rights matter, individual that a government should not be able to unlawful surveil someone, it matters if you are an american that wants privacy, important to know, and important to about whether dossier funded by democrats was used by a means to open investigation into russia, very important questions that american people need to know. charles: according to schiff, majority opening an investigation to doj and fbi. i know we want clarity here. but are we getting fatigued here. the investigation begot an investigation, and i feel we're moving further from the truth rather than closer. >> american people need these types of investigation, during clinton administration, you had loretta lynch meets on tarmac with bill clinton. that is not a fair investigation, these investigations under helm of jeff sessions a new fbi, we need answers, this is justice at the en of the day. charles: quick, mccabe leaving earlier than initially said he would leave. lot of people believing that fbi wray having seen this memo changed everything. >> the timing could not be more coin incidence tal. and remember that text between strzok and page refer to a meeting, an emergency policy happened in andy's office. >> thank you. >> thank you. charles: all right, we'll be right back. you loved brad. and then you totaled him. you two had been through everything together. two boyfriends, three jobs... you're like nothing can replace brad. then liberty mutual calls... and you break into your happy dance. if you sign up for better car replacement™, we'll pay for a car that's a model year newer with 15,000 fewer miles than your old one. liberty stands with you™. liberty mutual insurance. hi, i'm the internet! you knoarmless bowling.lt? ahhhhhhhh! you know what's easy? building your website with godaddy. get your domain today and get a free trial of gocentral. build a better website in under an hour. i had severe fatigue, became diagnosed with hodgkin's lymphoma. he was a good candidate for immune therapy, which is allowing his immune system to attack the tumor. learn more at cancercenter.com i'm the one clocking in when you're clocking out. sensing your every move and automatically adjusting to help you stay effortlessly comfortable. i can also help with this. does your bed do that? oh. i don't actually talk. though i'm smart enough to. i'm the new sleep number 360 smart bed. let's meet at a sleep number store. charles: major breaking news out of capitol hill, voting to release the fisa memo that allegedly includes abuse of surveillance. and members also voting to investigate the fbi and doj. sir, we were going to have you on to talk about budget. but we have to talk about news of the moment. release of this potential release of this memo. adam schiff gave a damning press conference, your thoughts? >> well, the heat is beginning to rise here on capitol hill regarding content that was memo. i do know make it a practice to talk about those kinds of things because of the classified nature of it. i will say, that i agree with my colleagues who voted in favor of releasing in spirit of san francisctransparency to restore confidence that american government should have in its government, the memo has to be released. when it is, it will be a stunning moment for america. charles: democrats cobbled one together last week, why not put them out simultaneously? >> well, i am a transparent guy, i believe that worst is out there -- that whatever is out there, that we could point to truth on matters, i say, let the american public see it for what it's worth. and let the american public decide. i don't have any problem with pranctransparency. charles: do you think there are just question mark to justify an investigation to both fbi and department of justice. >> you said there is a certain aim of fatigue that american public has over investigation, investigation after investigation, many times they don't yield anything that american public can say, aha, there is a moment we can say it yielded something that we didn't know before. the release of this memo will be a moment where the american public can say, there is evidence that this investigation is indeed producing the kuhn off the results that can lead to something substantive they can wrap their heads around. >> earlier, i had one of your colleagues representative tom reid, problem solver caucus, they came 48 lawmakers to both side, come up with a bipartisan deal, include daca, border wall, border security, tied in budget. >> i have never been a proponent of tying in nonbudget, nonappropriation matters. i think one of the most fundamental thing we do in washington as legislators is approve budgets, whether that process is hijacked because of some unrelated issue, it throws everything from chaos, and it leads to us situation like we just experienced, i think we need to avoid that. and that will be part of budget process reform i'll try to champion in ensuing weeks. charles: representative womack thank you very much. >> thank you. charles: final thoughts, in fisa memo, it is a blockbuster, more details next. sensing and automatically adjusting to your every move. does your bed do that? i'm the new sleep number 360 smart bed. let's meet at a sleep number store. after a day like this, most people would just order delivery. but you have a recipe for redemption. with blue apron, any night is a chance to see what cooking can do. and i recently had hi, ia heart attack. it changed my life. but i'm a survivor. after my heart attack, my doctor prescribed brilinta. it's for people who have been hospitalized for a heart attack. brilinta is taken with a low-dose aspirin. no more than 100 milligrams as it affects how well brilinta works. brilinta helps keep platelets from sticking together and forming a clot. in a clinical study, brilinta worked better than plavix. brilinta reduced the chance of having another heart attack... ...or dying from one. don't stop taking brilinta without talking to your doctor, since stopping it too soon increases your risk of clots in your stent, heart attack, stroke, and even death. brilinta may cause bruising or bleeding more easily, or serious, sometimes fatal bleeding. don't take brilinta if you have bleeding, like stomach ulcers, a history of bleeding in the brain, or severe liver problems. slow heart rhythm has been reported. tell your doctor about bleeding new or unexpected shortness of breath any planned surgery, and all medicines you take. if you recently had a heart attack, ask your doctor if brilinta is right for you. my heart is worth brilinta. if you can't afford your medication, astrazeneca may be able to help. show of hands. let's get started. who wants customizable options chains? ones that make it fast and easy to analyze and take action? how about some of the lowest options fees? are you raising your hand? good then it's time for power e*trade the platform, price and service that gives you the edge you need. alright one quick game of rock, paper, scissors. 1, 2, 3, go. e*trade. the original place to invest online. charles: this hour, house intelligence committee votes to release the fisa memo, back with me to discuss beverly hallburg and deroy murdock. we have had a few congressmen weighing in. there is a sigh of relief to be frank, among the republicans, that american public will get a chance to see this. >> yeah. i can't wait to read it myself, all of us should read to, it so to what is in there, mr. americans out there regardless of their political party, or who they voted for, if we're seeing that americans have been spied on, investigations have been started because of political posture or preferences in fbi or doj, that is concerns. we know at-this-point they have an investigation because of -- the dossier that we know was funded by the dnc, weres should be outrages we expect much more. we're hearing so far is deeply concerning. charles: hard to believe that so many republican congressmen over 100 would this be hyperbolic. a few but not -- some folks are not all crazy. and adam schiff saying it was regrettable they politicize the declassification, then urged, how about democratic version out there. >> another thing that schiff talked about, having fbi or doj go through the document, and redact it, whatever else, i wish when i was in 9th grady had an opportunity to redact by report card and thal -- grades that i got, i think after the way we've seen them behave, we should note give them an opportunity to play games. charles: are you concerned that this is a another branch to this tree of confusion? you know, while i think we all want to see what? there. certainly, even though we may not like what we see, it may take us down another road that beyond embarrassing us as americans it could push to us further turmoil. >> to what you said on earlier segment it is hard to follow, i struggle following it. and i think for average american, i think they are sick of it, they just want to know the truth, they want to know how the investigations started, they want them over be they want the truth. i have had to ask myself, maybe good for memo to come out so we deawedon't have to have an investigation based on book "fire and fury." and think americans' answers. charles: certainly, news headlines are not right, anonymous sources might have seen something that done happen. what do you think that mainstream media will handle this. >> i am sure they will find a way to twist it. saying this is part know afford -- effort to be on i be on -- ra probe. charles: house intelligence committee voting to release nunes 4 age memo that now goes to president trump, now next lou dobbs, keep it right here on fox business. lou: good evening, breaking news, house intelligence committee has just voted to release the controversial 4-page memo that exposed we're told, the obama administration's abuse of its surveillance powers. the intel committee voting on party lines to make that 4-page memorandum public, congressman rontos among the republicans that read the deeply disturbing memo, as it has been described, he is calling for its release, he is joining us. also, major victory for effort to

ron claiborne. good morning to you, ron. >> reporter: good morning, lara. good morning, everyone. we begin with a developing story out of costa rica where 12 people, 10 of them american tourists, were killed in a plane crash. the single engine charter plane went down in a wooded area shortly after takeoff. among the americans on board, a family of five from suburban new york, identified as bruce and irene steinberg and their three sons. horrified vacationers saw the plane go down and rushed to the wreckage to try to help. >> my family and i were having lunch and we heard the plane coming overhead pretty low, so we all left the table to go see the plane pass overhead with our kids. and as it flew over the top of us, it made a really hard left-hand turn and was totally sideways and then nose dived straight into the ground and there was an explosion. >> a florida couple and their daughter were on board as well as two costa rican pilots. >>> a man with a grudge against police shot five police officers killing one of them. 29-year-old on the job just for seven months. abc's clayton sandell has more. [ sirens ] >> reporter: police say it was an ambush. >> shots fired, shots fired! >> reporter: shortly after arriving at this apartment complex near denver after a domestic disturbance call, police say 37-year-old matthew riehl suddenly opens fire. the suspect hitting five officers and two neighbors. the officer retreat outside but 29-year-old deputy zachary parish does not make it out. >> we have one deputy down inside the apartment. i'm not getting anything from him. all of us have been hit at least once. >> reporter: over the next hour and a half, the suspect fires more than 100 times. >> several rounds firing, firing inside again. >> reporter: at 7:30 police go back in, riehl is shot and killed. deputy parish, a married father of two, does not survive. >> when i sat with his wife and held her hand, i could see in her eyes her life was over. >> reporter: riehl was known for previous calls and was often critical of police in videos posted to youtube. >> libertarian candidate for sheriff of douglas county. >> reporter: the other wounded officers, now in stable condition. for "good morning america," clayton sandell, abc news, highlands ranch, colorado. >>> and we're following breaking news from iran where 12 people have been killed in anti-government protests there. security forces fought armed demonstrators who tried to take over police stations and military bases. the government's handling of the protests of the economy quickly started to spread across the country on thursday. several others have been wounded and hundreds arrested. >>> president trump is wrapping up his florida vacation this afternoon heading back to the white house after seeing 2018 in his mar-a-lago resort in palm beach. the president arrived at a black tie bash with the first lady melania and son baron trump. he touted his accomplishments of his first year in office. >> we're off to a good start as you know with the great tax cuts and anwar and getting rid of the individual mandate which was very, very unpopular as you know, but we are going to have a tremendous year. >> the president also fired off a tweet wishing happy new year to his friends, enemies, haters and the so-called fake news media. >>> more than a million people braved the second coldest new year's eve on record in times square. the clock struck midnight, and the mercury was down to jus >>> happy new year to you. looking at some clouds around the south end of the bay. another mild day today. partly cloudy skies. more clouds tomorrow. rainy pattern begins on wednesday. it's a spare the air alert today. 62 downtown over in oakland. 64 in san jose. the accuweather seven-day forecast, more clouds tomorrow. rain arrives on wednesday, lasts through friday. dry next weekend. >>> and the weather in southern california, they should be near perfect for this morning's tournament of roses parade. some spectators spending the night along the parade route. they are protecting their spots. this year's theme is making a difference. now back to you in the studio. >> thank you so much, ron. >>> and now to the year in politics. it was less than 12 months ago that president trump took office, putting health care, taxes, north korea and the russia investigation center stage, and our abc political round table is breaking down the year's biggest moments and what is next for 2018. >> hey amy, good morning. i'm here in the white house briefing room with my friends, abc political director rick klein and senior congressional correspondent mary bruce. we have got the nearly impossible task of coming up with a highlights reel for the year that was, so no pressure. you first, rick. what stood out to you the most? >> it turns out the great dealmaker actually doesn't go and cut a lot of great big deals. remember how he governed, an independent voice that was going come in and drain the swamp. work with democrats and work with republicans. he has governed in a very ideological way to the right. those deals are out there but he hasn't made a lot of calls to chuck and nancy. >> remember

ron claiborne. good morning to you, ron. >> reporter: good morning, lara, good morning, everyone. we begin with a developing story out of costa rica where 12 people, 10 american tourists, were killed in a plane crash. the single engine charter plane went down in a wooded area shortly after takeoff. among the americans on board, a family of five from new york identified as bruce and irene steinberg and their three sons. horrified vacationers saw the plane go down and rushed to the wreckage to try to help. >> my family and i were having lunch and we heard the plane coming overhead pretty low, so we all left the table to go see the plane pass overhead with our kids. and as it flew over the top of us, it made a right hard left-hand turn and w >>> and the weather in southern perfect for this morning's tournament of roses parade. some suspectepectators spending night along the parade route. this year's theme is making a >> thank you so much, ron>>> now to the year in politics. less than 12 months ago president trump took office, putting heal north korea and the russia investigation center stage, and our abc political roundtable is breaking down the year's biggest moments and what is next for 2018. >> hey amy, good morning. i'm here in the white house briefing room withy friends, abc political director rick klein and mary bruce. we have the nearly impossible task of coming up with a highlights reel for the year that was. no pressure, you first, rick. what stood out the most? >> it turns out the great dealmaker actually doesn't go and cut a lot of great big deals. remember how he governed, an independent voice that was going to drain the swamp, work with democrats and republicans. he's governed to the right. those deals are out there but he hasn't made a lot of calls to chuck and nancy. >> remember all the talk of unified government. they made big promises, everything from health care reform to building that wall. they did just

ron hospital today joins me. -- -- ron hofstra joins me. people have said they are meticulous and they are setting perjury traps. is there a difference between the wait president would be intergate or the way people who worked in the white house or campaign are. >> i don't think a huge difference. bob mueller and his team, whether we like their politics or not, these are experienced professionals. they are going to treat the fun it viewee with -- the interviewee with respect for their position. kennedy: however, what are they going for and how do they go about getting it? >> they are going for the truth. kennedy: what do they see as the truth? >> they have i would think by now a wealth of information none of us have seen. that is text message exchanges, email exchanges, phone call records, travel records. interviews of others filling in the gaps. we don't have one idea what mike flynn has shared with that, whether he's giving them something that looks like it's indictable today tore giving them nothing at all. but they know that. the president needs to be -- to do two things. one, not overestimate himself, and, two, not under estimate what is in the possession of the interviewers. they are going to be studied up on every piece of this. they will have every tweet, every text, every conversation, and be ready to ask detailed questions. the president won't breeze by shard questions. they will circle bark and ask it again. kennedy: i wish they had the same meticulousness with hillary clinton. i think you are right, the pursuit of the truth and justice are paramount. and i don't think we have seen enough of this. i'm curious what exactly they are going for. i'm hearing it's less about what collusion and more about obstruction of justice. if they finds it with the president, can the president be indicted? >> i think that would be extraordinary. if they think the president has committed a crime, they can refer it to congress and recommend an impeachment process. kennedy: what does that look like in congress? does it reach the constitutional threshold of charging a president and removing him from office. >> that's a good question. we would have to hear the details. the resumption that jim comey was fired to take a russia investigation off track. my belief is that the president has the absolute authority to fire the director of the fbi for a good reason or mom reason at all sppt question is, can he fire for a bad reason? is there evidence that he fired him for a bad reason? there are interest views, including with lesser holt. it will be incumbent upon mueller. i have to prove your case beyond a reasonable doubt. but here we are talking about the president of the united states. you better talked beyond a reasonable doubt fan noicht up a couple levels to think about bringing an indictment for obstruction of justice where the president has the right to term state in jim comey and take other steps lining that. he has the lawful right to do it. kennedy: is removing the president success? is that what success looks like to the special counsel? i guess we'll find out. the inspector general of the department of justice says they have recovered all of the missing texts between peter strzok and lisa page. they sent texts to each other while having an affair. but all this russia stuff is creating a firestorm. >> we have an informant talk about holding secret meetings off site. this is potentially corruption at highest levels of the fbi. robert mueller used to run the fbi. he's in no position to do an investigation over this kind of misconduct. kennedy: senate minority leader chuck schumer swung back. >> republican lieders of this body i'm ashamed to say picked up on casual texts sent between two fbi agents to say there is a secret society at the department of justice. i saw a senator propagating this on television. it looked crazy. it looked delusional. it looked paranoid. kennedy: is either side seek answers or the truth? let me go to my armed and dangerous panel. marie harf is here along with the host of the anthony cumia show and jamie weinstein. welcome back. let's discuss this. my feeling is we don't know because we haven't seen a lot of this stuff. it's impossible for us to make judgment calls. so right now of course it many politicized. >> why don't we allow the investigations to run their course and see what comes out. i hate to agree with chuck schumer. there are a lot of conspiracy theories circulating. >> two days ago rush limbaugh suggested because of the deep state we have to take in the possibility that cia misled the bush administration about weapons of mass destruction. kennedy: rush limbaugh is not allowed teen farm chair civil libertarian. >> people who used to have to want to tap into phones are now reversing their arguments. kennedy: those people still wanted to do that last week when they reauthorized section 702 of the fisa act. >> i love this the investigation of the investigation of the investigations going on. what it's doing, it's getting the people where they don't really carry inmore. we are so shell shocked by all of this. what chuck schumer was saying could have been said by a republican talking about the russian investigation. we are being bludgeoned on a neatly basis by all of this. kennedy: i don't care and i don't believe it. my problem is with the politicization. i have a hard time with politicos on one side minimizing something then on other side maximizing some of the same things. >> i have problems with conspiracy theories. they have consequences and they can be dangerous. did you read the book thank you for smoking? the merchants of death. that can lead to a secret society. >> we shouldn't make stuff up. we need the truth. if you are a united states senator that probably shouldn't be your operating agenda, making things up when you don't know. the conspiracy theory has real world consequences. we all need to take a breath and let the investigations play out. when ron johnen goes out there for 48 hours, there will be some people who never hear him correct it and there will be people who believe the fbi had a secret society trying to take down donald trump. because it's not true. kennedy: we don't know it's not true. kennedy: release the memo, release the texts. let us see it. >> both sides are going overboard. on the left you have people saying it's already proved collusion. kennedy: and they can't define what collusion is. >> the base is demanding you protect trump on the right. the base on the left is saying if you don't bleach the president should be out of office, don't bother running in 2020 because we don't support you. the news industry, every little tidbit, everyone wants a news cycle of the second. so this gets conflated above what it is. and that's what the problem is. kennedy: then we military idea that we are looking for the greater thing. we are look for the truth. if these are rungs on a ladder that get us to the truth, that's good. i

ron, and the technical dez ron will do everything. there were some limitations there. the experience and manning of those dez rons was not increased. and that's one of the things that came up in the bell you a report and another immediate action that i failed to mention was that the navy has already taken action to set up a surface group in japan that would provide this community readiness guidance that was lacking. so gerry, what do you think? do we need to bring back readiness squadrons? and is there something else that we should be doing so that people can sleep at night as we tackle this 58 list. >> i can't begin the comment on a prioritization of so many action items off the top of my head. so we'll just put that one on the table here. >> okay. >> as i looked at these incidents and listened to my -- you know, the grumpy old gray beards and the guys that are currently serving on ships talking, even high school classmates saying gerry what's going on with your navy, it struck me -- and we talked about this at dinner last night. it's like, okay, the solutions are obvious. why are they so hard? well, because in our day it was all g

the palestinian refugees is just going to be is going to fall and death is ok and ron khan live press center mall and ron thank you . yes rex tillerson says the world myspace sober and clear i about the possibility of war with north korea made the comments at a summit in canada where twenty countries agreed to push for tougher sanctions on pyongyang over its nuclear program for some war north korea could trigger a military response unless it agrees to dialogue. over. a show of diplomatic commitment in vancouver to ending north korea's nuclear weapons program but the meeting co-hosted by canada and the united states yielded just one new tactic for the fight an agreement to prevent so-called ship to ship transfers of outlawed goods to pyongyang i think we all agreed together with our partners here that the timing has turned out to be really for to attack us because we are seeing we we want to be clear headed we don't want to be in any way pollyannas about this but i think we collectively believe that the peaceful pressure is beginning to have an impact north koreans know our channels are open and they know

ron claiborne with a look at the news headlines. good morning to you, ron. >> good morning, paula faris. and dan harris. >> ronlaiborne. >>> breaking news from sweden. we're hearing reports of an explosion outside of a subway station. in the capital city of stockholm. lice say aan has been seriously ing juried after pinging up an october from the ground that then exploded. police say the explosion was not terrorist-related. >>> there is a winner in saturday night's powerball lottery drawing.< one. a single winning ticket purchased in new hampshire. the jackpot estimated at $559.7 million. that's more than half a billion bucks. that winning ticket, matching all six numbers. 12, 29, 30, 33, 61, with a powerball of 26. was sold at reed's ferry market in merrimack. >> that's reed's ferry market. >> i'm not going to touch that one. >> in what sit, merrimakk? did we say that? >> several million dollar winners in connecticut, new jersey. texas. >> why are you telling me? >> maybe you bought one. >> i didn't. i should have. >>> and in pennsylvania. a philadelphia firefighter was killed. he died in the line of duty in

ron clane, and john hileman. ron cline, i want to go to this news today about steve bannon cooperating enough with the special prosecutor that they dropped the threat of a subpoena to a grand jury. what is the difference for bannon testifying to a grand jury where his lawyer would not be allowed in the room and have to answer under oath and speaking in this less formal interview context with the prosecutor's office? >> well, i think the difference is obviously it's part of steve bannon's makeup tour with the white house. and i think the difference, as you noted, lawrence, is that his lawyer will be present. and as you discussed a moment ago his lawyer is also the lawyer for the white house counsel. so that means the white houses' lawyer's lawyer will sit in the room when bob mueller asks steve bannon these questions and they'll know what he said, if he said something bad about the president or his son or whatever. so it is an effort by -- i think bannon and his team are trying to get right with the white house, kind of on an apology tour and it seems like this is part of that effort. >> john, we just heard congressman schiff say that john kelly was technically right on fox news when he said no was bannon invoking executive privilege. but you listen to the congressman, he was invoking some privilege that doesn't have a name. even though executive privilege has a name. >> this has been a consistent frustration for the people on the hill and the american public. trump administration officials saying i'm not going to answer that question to senate white house investigators when asked -- >> in some of the televised hearings. >> we've seen jeff sessions and the national security people as well. and the senators come back, are you invoking executive privilege? i'm not invoking executive privilege i'm just not going to answer. this is a wrong without a remedy. you can be censured by the committee, the senate -- you know more about rules than i do -- you can say i'm invoking executive privilege, i'm not going to answer the question, slap me on the wrist if you want to do it. it's not helpful and outside all precedent but what's new in the trump administration. >> betsy these witnesses know the only real remedy congress has in these hearings is basically charge them with competent of congress, which becomes a complicated legal proceeding and ends up in court and congress has to be pushed far to do that. >> correct. either chamber has to refer that contempt citation to the u.s. attorney for the district of washington d.c. and that u.s. attorney would decide whether or not to bring charges and one thing i imagine your viewers may be aware of is jesse lieu, the current attorney for washington d.c. is the member of the transition system. the likelihood they would refer four charges to the a former adviser and one of the people on the transition team would bring the charges is low. that's why the mueller investigation is so important. for all practical purposes congress doesn't have thatch leverage, doesn't have that many tools in the tool box. >> one of the many great steve bannon lines in michael wolff's book saying there's no executive privilege. we proved that with water gate. so bannon himself gets it. i want to listen to what adam schiff said tonight about corry lieu encow dy. >> he came to testify yesterday he said on fox he would answer every question we had. today however he refused to answer questions, like steve bannon, that referred to anything after he left the campaign. now, he is not an administration official, never has been an administration official, there's obviously no privilege that applies here. those questions included by the way, did you have a conversation with the president of the united states within the last 24 hours where you discussed your testimony. that is a question he would not answer. >> and ron, that last question is something that lawyers ask all the time, depositions, in courtrooms, who have you talked to to prepare your testimony. but the lewandowski refusal to answer questions is just inconceivable grounds for that. >> it goes back to what john said a minute ago. the trump administration has invented the i just don't want to answer that privilege. kind of a toothless republican congress seems generally inclined to accept that i don't want to answer that privilege. there's two problems with that, one it's bad precedent for the future. but i will say, as betsy referred to, this is not going to be case when these people get in front of bob mueller. he's not going to accept that. he will make the witnesses answer, voluntarily or he'll compel the testimony. it comes down to whether or not, particularly steve bannon wants to play on team trump or is mad at the president. and whether he has more to fear from stormy daniels or stormy steve. >> axios said bannon admitted he conve

ron insana and grace rau. ron, i don't want to get into the details of did they, didn't they. it's stunning enough that a headline like this happens. and it doesn't -- and it's not the top story. i want to get into why specifically would someone set up a private company to make a payment like this? >> well, you can shield the identity of the beneficial owner of that corporate that was described by "the wall street journal" reporter. it's interesting that michael cohen himself actually put his name on as the operator or the person in charge of the company. he didn't have to do that. he could have, in fact, further hid his identity by using another -- >> roneremy maybe. >> yes, for those of you who don't know that porn reference, he is a porn star from way back when. delaware corporations are very -- delaware i should say as a state is very lenient in how you set up a corporation and who you name as the officers in charge. >> okay what do you make of the timing here? october 2016, just before the election? >> i mean, the timing says shut it down, let's make sure that nothing comes out before this election that gets anyone talking any more about president trump's sex life or then candidate trump's sex life and his relationship with women and who he's sleeping with. remember, the campaign had already been completely rocked by the "access hollywood" tape and he managed to somehow recover from that, even though so many people thought once it came out and you saw the republican nominee for president bragging about sexually assaulting women. i mean, they just did not want the conversation to be about trump and women. >> then let's talk about a

ron? >> and they did. >> neil: ron? >> you look at the companies, you would have never expected apple, comcast, disney and starbucks to be giving bonuses. trump wasn't counting on them. they criticize him constantly. all the corporations give the bonuses, which is great. here's the thing. to quote frank sinatra, the best is yet to come. a lot of the tax cuts haven't even kicked in. >> neil: heather, what do you think of that? that's what the markets can appreciate more. morae rallies and more of a surge. >> yes, neil, the best is yet to come. we're seeing philanthropic efforts from j.p. morgan increase to $1.75 billion over five years. so companies are giving back in a big way, not just increasing wages to their employees because of this tax plan. it's amazing. >> neil: all right, guys. the president is talking about this and a number of other subjects. this is from awhile ago at the white house. >> betsy, thank you. thank you for being here. really two fantastic friends of mine for a long time. tony harp. where is tony? tony! uh-oh. can't be a sanctuary city person. that's not possible, is it? we'll start by saying, as you know, the department of justice today has announced a critical legal step to hold accountable sanctuary cities that allow aliens in our communities. we can't have it. it would be easy to go the other way but we can't have it. we want a safe country. it's getting safer all the time. sanctuary cities are the best friends of gangs and cartels like ms-13. you know that. the respect in the death rate around sanctuary cities in and around for innocent americans is unacceptable. take a look at what happened in san francisco and kate steinle. countless others. many i administration is committed to protecting innocent americans and the mayors that choose to boycott this event have put the needs of criminal-illegal immigrants over law-abiding americans. let me tell you, the vast majority of people showed up. okay? the vast majority. the vast majority believe in safety for your city. [applause] i want to thank all of you for being here. i'm thrilled to welcome dozens of mayors from across the country to the white house. and i worked with so many of you. some in the private sector. who knew i was going to be here? but it happened, right? kellyann, stand up. my star. she's more famous than i am. [applause] thanks, kellyann. great. you bring safety and hope to our citizens. my administration will support local government and listen to leaders that know their communities best. you know your community best. we believe in local government and empowering each and every one of you. together we're achieving absolutely incredible results. we have created nearly 2.4 million jobs since the election. nobody thought that would be happening. [applause] right? the unemployment rate is at now a 18-year low. african american unemployment -- very proud of this. remember, i used to say, what do you have to lose? people said i don't know if that's a nice thing to say. of course it is. for 100 years the democratic mayors have done a terrible -- they have done some bat work. i said what do you have to lose? african american unemployment is at its lowest rate ever recorded. it's not bad. [applause] unemployment for women is at its lowest rate in 17 years. that's going to be a very new standard very soon. [applause] and hispanic american unemployment like african american unemployment is at the lowest rate ever recorded. that's a long time. [applause] and here's the good news. it's getting better. it's going to get better. we've cut more regulations than any administration in history by far. and we've been really doing the cutting for about ten months, even though we have been here now for 12. we started a little bit late. although the first day we did some big cutting, i will say. as you know, just before christmas, we passed massive tax cuts and reform so that more businesses will come back to your cities and towns and working families will finally get the pay raises that they have been waiting for for many, many years in some cases. [applause] our tax plan also creates opportunity zones. some of you are taking advantage of that, to encourage investment in distressed communities, create more jobs and bring main street booming back to life. more than two million american workers have received tax cut bonuses from their employers all because of our incredible tax cut bill. and i must tell you, this has worked far greater. nobody thought in terms of the companies coming out and paying $1,000 and $2,000 and $2,500 per employee. they have hundreds of thousands of employees in some cases. and the ones that aren't getting it are getting it because they're going want us? now they're at a point saying what about us? we know that feeling. so it's really turned out. nobody thought that. as much as we thought and as much as we had a lot of brilliant minds around that tax bill, nobody really thought in terms of would a company at the time up. at&t started it. then a couple of others picked it up very quickly. comcast and some others picked it up. and then it became an avalanche. we used to talk about that because it wasn't in the realm of thinking. it's turned out to be really an avalanche and a beautiful thing to watch. people are walking with $1,000 and $2,000 and much more. we're also working to rebuild our crumbling structure by stimulating a $1 billion investment and will end up being $1.7 trillion. [applause] like that? i can tell we have mayors in the room. that's good. only mayors could be that excited. only the mayors and the workers. it's about jobs. we'll probably be putting that in a week or two after the state of the union address. we'll talk about that and put that in. one of the other things i have to say, apple, $350 billion investment. i spoke to tim cook. you probably heard me on the trail. i'll say i will not consider this job complete and great in terms of the economics and the economy unless apple some day starts building some plants in our country. what happened is they said $350 billion. when i first heard it, tim cook and i spoke. when i first heard it, i said $350 million. that's a big plant. $350 million. you can build a lot of plant. but they said no, sir, $350 billion and much of that comes from overseas. they're going to bring it back because of the tax bill. we made it possible for them to bring it back. [applause] and they're investing a lot of money over and above that. so $350 billion and thousands and thousands of new jobs. they're going to build an incredible campus. it will be special. we worked with congress to cutting down the approval and permitting process so it takes no longer than two years instead of 12 to 12 to 17 years to build a simple road. [applause] a road in a certain location, i won't mention the state, although i happen to like the state very much, it's been under approval for 17 years. they've been planning it for 17 years. it was a straight nothing road. now it's got lots of curves because we have to miss the nests and everything else. curves are not good on roads. roads are better straight. it was 17 years ago, going to cost virtually nothing. it ends up being hundreds of millions of dollars. and it was recently completed. everybody goes you have to be kidding. so we're going to bring that ten-year process. that's an average. it's actually higher than that. we're going to bring it down to we say less than two years. i'd like to average about one year. let them know. if we don't want something built, you'll let them know quickly. at least they won't be waiting. a lot of times you wait 17 years and get rejected. that's even worse. if you're the builder, it's not good. you devoted your life to something and get rejected. you may get rejected but quickly. that's not bad. but mostly you'll get -- you'll see what we did with the pipelines 48,000 jobs. we approved it immediately. 48,000 jobs. we're partners with the state and local governments to find the most innovative ways to rebuild roads and airports and bridges. on time and under budget. have you heard those words before? you don't hear them too much in government, right? [applause] a lot of that is the bidding process and you'll take care of your bidding processes. but the bidding process is a very big factor in that. some of the way they bid in cities and states and in our military, it's not even bidding. you give somebody a contract to steal. we don't want to do that. we're supporting our local police beyond what we have ever done. [applause] >> and fire departments. we're also getting you a lot of our excess military equipment. you know about that. previous administrations, but in particular the previous administration, they didn't like to do that. some day they'll explain why. we had a lot of excess military equipment. we're sending it to your police as they need it. it's made a difference. we believe every child deserves to live in a safe home, attend a great school and look forward to an amazing and safe future. you're getting a lot of equipment. [applause] and together, just in summing up, we're restoring pride in the american worker and faith in the american dream. people are dreaming again. it's been a tremendous thing. especially dreaming when they open up their 401(k)s and they see that they're up 44%. okay? they feel very brilliant about their investment strategy. i told you the story, but i've said it numerous times. i like to tell it about people that come to me all the time. they say thank you so much. i'm up 42%. i'm up 48%. i'm up 37%. and my wife or my husband thinks i'm a genius as an investor. i said don't worry about it. just keep it. i will say this, if the wrong person came into this office, you wouldn't only be even, you wouldn't be up, i think it's now 42.5% and the market is up again, but you would be down 30 to 40%. that's what was happening. you take a look at your gdp then and take a look at what has happened now. we'll have three quarters in a row. we had 3.2. a lot of people thought it would take two or three years to get there. we're going to be hitting 4 soon and then 5s. you'll see a big difference. [applause] each point -- remember this. you go up. people say what's the big deal between 2 1/2 and 3 1/2? well, i'll tell you, you had the slowest recovery in history. slowest recovery in history. if you take a look at the average -- i think it was 1.7 or 1.8 for eight years. the one point means 2.5 trillion. think of that. one point. 2.5 trillion and it means 10 million jobs. other than that, it's not a big deal. okay? but it's literally 2.5 trillion to the country. we gained in market value in the stock market eight trillion since election day. that's something -- that's amazing. $8 trillion and set every record in doing it. most days we had new records, our stock market i think since election was 82 or 84 times where we set a new record for the stock market. it's going to continue, folks. we have a long way to go. we actually have a lot of regulation cutting to do. we want regulation. you know better than anybody we need regulations but you don't need 17 different approvals on the same subject. we're doing that. it's really been beautiful to watch. we have a long way to go. believe it or not. we've gotten great credit for regulations. i think the regulations may be almost as important as the tax cuts. and i have some businesses that have called me and say we love the tax cuts. we're going to spend a lot of money, but sir, we think the regulation cutting that you done might even be more important. i'm sure you're seeing that too or seeing something like that. so i want to thank you all for joining us, this great national effort. thank you for your leadership. you are great leaders and important leaders. friendship and partnership and together we will usher in a very bold new era of peace and prosperity. we're doing great. i'm going to davos right now to get people to invest in the united states. i'm going to say come into the united states. you have plenty of money. but i don't think i have to go. because they're coming. they're coming. at a very fast clip. it's going to be an interesting time. they're coming back to this country. you saw chrysler is leaving mexico. we like mexico. and coming into michigan. we like that? nobody has seen that in a long time. we have other major car companies. you saw toyota and so many coming to the united states and building big plants. all that means to me is money for our people, lower taxes and what it really means is jobs. so people have not seen this in decades. and i think in the end, they will never have seen anything like what is happening with our country. so again, i would like to thank you. you're all very important to the future of this country. you've done a fantastic job. so many friends and so many great people. i know you very well. thank you very much and you guys have been fantastic and i appreciate it very much. thank you. thank you all. have a good time. [applause] >> mr. president, will you sit down with robert mueller? will you commit to sitting down with robert mueller, mr. president? mr. president, did you ask andrew mccabe who he voted for? >> neil: all right. you never, never know. we never like to leave them because the possibility the president will say something. the president speaking to some mayors from around the country, two dozen of them. you might have heard that bill de blasio bailed out and one other on concerns that this was happening the same day the justice department was cracking down on sanctuary cities. there was very little talk about that or immigration. just more about the economy, the tax cuts, the improving markets. something the president consistently talks about whenever he can. with us right now, joe manchin. senator, i was thinking of you when he talked up the economy and the markets and everything else and the tax cuts that seem to be bearing dividends from companies like starbucks today and better than two dozen of them benefitting 2 to 3 million workers and better bonuses. do you regret your no vote? >> no, no. i'm hoping it works. i'm hoping i'm wrong, neil. i am. neil, all i have is history to work off of. i worked off of ronald reagan. we all loved him. we worked off of him. he started in 84. he got something done by 86. we had everything to look through. they started with revenue neutral. now we all know what happened after that, neil. things were wonderful. it was great. he started with revenue neutral. and by the time we got to 1990, 91, read my lips, no new taxes, george h. bush had to fall on the sort because the economy dipped and started changing. he had to raise taxes to keep the country afloat. >> neil: that might happen. but the fact of the matter is, we have all of these companies doing this now and i'm wondering if you are concerned that you or some of your democratic colleagues might not have appreciated that, certainly the white house has admitted that they couldn't have fathomed these countries sharing the loot. >> i'm the first to tell you, neil, if i make a decision, i have to make it on what i have in front of me and based on historical values that i have had to rener on. so you have that one, then you have the mandate. when they repealed the mandate. we had a fix with bipartisan fix. i'm thinking try the fix before you repeal it. if it doesn't work, do what you have to do in repealing it. going down to 21%, could we have stopped at 25% permanently at 25% and waiting three years, see if the gdp kept growing, see if the debt started going down. then here, of all that being said, that's how i made my decision as a no vote. i'm a democrat willing to work anyway i can. there's going to be a lot of repairs needed and i'll be there to help make them. i'm not going to say i told you so. >> neil: and goldman sachs, a hillary supporter, said that he thinks donald trump is driving this economy. we're hearing jamie diamond at j.p. morgan chase saying because of the tax cuts, he thinks it's going to produce 4% growth. if that pans out, you've just paid for the tax cuts. >> if it pans out for ten years, thank god. if it doesn't pan out, look at your children and grandchildren and thank them because they'll be paying for it. >> neil: all right. the concern about the deficits. i know this has been a big issue for you. seems to ring hollow when i hear democrats talk about deficits and debts that piled up under barack obama. they piled up under a lot of presidents, i'll grant you. but do you worry now that this could be a game changer? >> i don't worry at all. i hope it is. i'm here saying how i think that i owe my constituents all over my state why did i make my decision. i just explained to you. that's why i made my decision. i thought we could have worked. if it would have failed, we could have sat down and worked through -- >> neil: got it. let me ask you to switch gears. i understand your view there. we did want your views on what is going to be done on immigration. >> we're going to fix it. we have to fix it. >> neil: chuck schumer has taken off the table the commitment to funding the wall. >> we're going to build a wall. here, that's all rhetoric. okay? chuck will make a deal. he will make it happen. nobody wants these children -- i don't have many in my state, so it's not a pressing issue in the state of west virginia. but i have a heart and i'm sympathetic -- >> neil: but he took the wall off the table. >> he did not. >> neil: he said the funding for that -- he's not -- >> let me tell you one thing. we need border security. i'm voting for border security. there's other democrats that will vote for border security. we have to repair the wall we have, build new wall. we need technology, border agents. we need the mail being scanned for fentanyl. >> neil: so the funding for the wall that he's done a 180 on, i want to be clear, senator, does that mean he's left other things open that you just mentioned? >> yeah, i think it's all rhetoric right now. the wall. the president has said he wants the wall. first of all, if we didn't need a wall, i would say well, that's not right. the experts say we don't need it. we do need a wall. certain places we need a wall. the president has acknowledged that. chuck will come around. he will talk border security. someone will call it a wall. whatever. we're going to do it. we're going to do what it takes to security our country. i can assure you. i'm going to vote for that. >> neil: senator, we're pressed for time. you mentioned the wall. this meeting at the white house with mayors. a continue opted out including bill de blasio because of the justice department's crackdown or proposed crackdown on sanctuary cities like new york. most of the mayors went. do you think bill de blasio is wrong not going to this event with the president today on this one issue? >> any time the president of the united states says would you come and talk to me and an american citizen that loves our country won't do that because of your politics, you might be in it for the wrong reason. >> neil: so on this issue of sanctuary cities -- >> you should go talk. >> neil: where do you stand? >> i'm not nor sanctuary cities. it's not a pressing issue in west virginia. if we had an immigration policy to work for our country, you wouldn't be talking about sanctuary cities. i can see people saying they're going to fight for what they think is right. i don't have to agree with them. we wouldn't have this conversation if we had the house of delegates vote on the 2013 immigration bill. it was one of the best border bills we ever had. one of the toughest pathways and get rid of till legals that came here for the wrong reason. no one wants to go back there again but we should. >> neil: i'm wondering if we'll have another shut down threat -- >> we're not going shut down. if they shut down they're crazier than i believe they have gotten. >> neil: you criticized the leadership on both sides for having too much influence in driving this. what do you say? >> i want to say this. i've been here since november of 2011. the place has never worked the way people told me it did. not the way bob bird told me it did. the place has never worked. two people shouldn't have this kind of power. i'm not blaming mitch or chuck. it happened to be what it is. we have to take it back and make the senate work. they shouldn't decide what goes own and when it goes on and the majority leader has that discretion. let's work together. that means that this bipartisan group that we have, which is the common sense coalition, susan collins and myself, we're going to meet in the morning, we're going to continue to push 25 or 30 of us and say year not going to lead us around like sheep. that's not who we are. i'm going to fight for west virginia and make sure that west virginia is heard and we're going to do this the right way. >> neil: senator, thanks very much. always appreciate it. all right. the president has made it very clear here that he is looking forward to heading off to davos. that is the next big trip late tonight. he arrives in davos tomorrow morning. he will no doubt be pounding some of the economic issues he addressed with the mayors, most notably the tax cuts and the economic resurgence that he said would not have happened if the person he was running against had been elected. we'll never know that. this much we do, the president feels he has the wind at his back and the markets and the economy are two examples. more after this. male vo: when that hurricane hit, the entire community came together as a whole. ♪ it was such an overwhelming response to help others. no one thought that they were going to do this before it happened and everyone just did it. i think that's the way that human nature should be looked at. ♪ i'll stand by you. ♪ i'll stand by you. ♪ won't let nobody hurt you. ♪ i'll stand by you. every truck guy has their own way of conveying powerful. yeeaaahhh boy. kind of looks like a monster coming to eat ya. holy smokes. that is awesome. strong. you got the basic, and you got the beefy. i just think it looks mean. incredible. no way. start your year off strong a new chevy truck. get a total value of over $9,600 on this silverado all star when you finance with gm financial. find new roads at your local chevy dealer. >> neil: even democrat joe manchin said it was a mistake for bill de blasio to meet with the president and talk about the sanctuary cities. more after this. >> neil: all right. the dow is at a record today. but the markets could be in for a soaking. no pun intended when you look at watchers. the president's target is south korea. because he's arguing that the south koreans when it comes to washing machines are ripping us off and when it comes to solar panels, the chinese are doing the same. but the fear is it could lead to a trade war. connell mcshane is at a store in new york city and whether the prices have risen yet. >> they're about too. company of the companies involved in is about to raise prices. you talk about the tariffs imposed by the administration yesterday. they're trying to level the playing field between american companies and foreign competitors. i want to talk about whirlpool. i want to focus on the price and this and other machines. $719.97. this happens to be on sale. keep that in mind. $720 or so. whirlpool loves the move. they announced 200 jobs that they're adding in ohio. they're competing with lg out of south korea. we made our way over to an lg machine. zoom in on the price. for lg, where it's $629.97. we've been told by t.c. richard officials that lg sent a memo that they're going to raise the prices by about $50. we'll show that on the screen and we have the price we told you about. that will be around $680, bringing the two close together. a couple of key points here, neil. they're not passing on all the costs. the tariffs on the first million plus was 20%. so in reality, an extra $130-something like that. they'll pass along part of that. $50. second key point, supposed to be temporary, three years. the real aim is to edge courage these companies, the lgs and the samsungs to make their products here. they wouldn't be subject to the tariff. that is already happening. samsung is building a plant down in south carolina. we'll see how this plays out. we see prices moving higher. >> neil: that's wild. so they'll absorb it for now but how long is anybody's guess. thanks very much. let's do to karl rove. the former white house deputy chief of staff. best selling author. one thing i know with this stuff, karl, it can get out of control easy and spread easily. you hope not. what do you think of this? >> well, look, what will happen now is that in all likelihood there there be a complaint filed with the world trade orri organization and that there will be an argument maybe of trade agreements and obligations. take a few months to be resolved. we have filed 84 such actions against other countries and other practices so far this year. so not unusual. some of the tariffs are upheld, some are net. the whole arbitration system by which the judgments are made works in our advantage because what we're talking about here is a level playing field. we'll see how it plays out. >> neil: do you worry -- obviously the wind at this president's back has been the tax cuts that seem to be the gift that keeps giving even amonday left-leaning ceos. they're sharing the unexpected loot with workers even in ways the white house didn't envision. i'm wondering if something like this that has people sort of worrying about are we going to sort of go tit for tat, see the world get nasty at us and -- you know how it goes. >> i worry about it particularly because later this week the next round of nafta negotiations go forward. the president is saying nafta is a lousy deal with the implication being that it's because our partners, canada and mexico, by less from us than we buy from them. that's not true with canada. we buy less in the form of goods than canada but if you add in the services, we run about a $12 billion trade surplus with canada. mexico, different. so it's the president's definition of a bad trade deal, one that is unfair to the united states because rules are jimmied against us or are his rules that an unfair trade agreement is one in which they buy less from us than we buy from them. if it's the latter, we're going to have -- he's going to be encouraging companies like australia and singapore and panama and chile and the united kingdom, all of which we have trade surpluses with to look at trade deals with the united states. so it's a very difficult and very dangerous place to be. i come from a border state. you get rid of nafta, the texas economy in a vital election year will have severe jolts to it. same with arizona, california, nevada. i was talking to the commissioner of commerce in the state of north dakota. 85% of what they grow in north dakota is exported to mexico or to canada. you look at that red part of america that is growing protein in the form of soy beans or corn or wheat or cattle or pork and virtually all of that a substantial portion of that is used for the export market. >> neil: and canada is worried that we will walk away from nafta. the president will be leaving for davos tonight. i believe president bush, your old boss, passed up an opportunity to be there. the last u.s. president was bill clinton. what do you make of this one wanting to go? >> well, it's an interesting choice as you say. the last two presidents have not gone there. this is where the proponents of international economic trade and commerce gather. it's interesting for the president to go there. maybe he's going to convey a message of clarity about his trade policies. i hope he spends time saying the united states is doing something good by modernizing its tax code. if your tax code is not modernized, look at what we're doing in the united states. what is good for america is making the world competitive. that's good for a rising prosperity around the globe. >> neil: you know, when he is there, one of the things he will talk about is the fact that this american tax tide will lift globally. the imf says they see global growth a little stronger now. .2 to .3% more. do you buy that? >> oh, yeah, absolutely. i saw yesterday you had chris van hollan, a democratic senator from maryland. he was dismissive of the tax cut by saying, oh, well, we knew they would give them one-time bonuses and who cares about that. well, he can say that because he makes $180,000 a year. so a $1,000 bonus is less than -- just over half a percent of his income. for a lot of americans, it's big money. think about the last couple days. starbucks, 150,000 employees at 8,200 company-run stores will get pay increases and a grant of stock. everybody is now going to be able to earn sick paid leave and parental leave will be expanded so the nonbirth partners so the husband or the mother will have parental leave. and they plan $7 billion to renovate stores that will go to people that make counters, chairs, floors, glass, display counters and cash registers and equipment. wal-mart, largest employer in america. 1.4 million people. they're giving a 22% pay increase, permanent, to their starting employees. j.p. morgan chase. jamie diamond. what a statement that guy made. they're going to expand branches, 400 branches, which is an 8% expansion, hire 3,000 new people. increase small business lending by $4 million, 20%. everybody -- about 22,000 employees that works in branches and customer support will get pay raises between 9 and 25%. they'll commit $50 billion and hire 500 additional people for home lending to low income families. and then by the end of the month, they'll give low income, the moderate wage employees, $750 bonus, plus they'll take 60,000 low wage workers and give them an additional $750 on their deductible on their healthcare. my god, think about that. >> neil: they're huge numbers. bottom line is, money that these companies are getting from the tax cuts will even though they're free to share it with their shareholders, they're going way beyond that. i don't think the magnitude of that has been appreciated yet. >> there's no doubt among economists left and right that the corporate tax is paid for by the people that can't escape the tax. namely the customers of a company and their employees. only the argument is, what percentage of corporate taxes are paid for by workers in the form of lower compensation and lower benefits. the range is roughly among most economists left and right somewhere between 25% and 70%. the balance of it is paid for by the customers and the stockholders in the form of lower stock. we're talking about a lot of money. think about apple alone. repatriation. bringing home 252 billion and paying a tax of $38 billion that is going to go to the federal treasury. good for america and good for the economy. >> neil: and pay it forward. by the time individuals see rates themselves lowered, doesn't factor in that. >> starts next month. next month your paycheck will be bigger, cavuto, you can take the kids out for a hamburger. >> i found out what the other anchors are paid and it's ticking me off. carl hit on something that is very profound. we've been pounding this. a lot of you say a bit too much. the scope of these tax cuts, whatever your politics, very big for the economy. extremely big. again, not red or blue. talking about green. your green. more after this. hold together. a little to the left. 1, 2, 3, push! easy! easy! easy! (horn honking) alright! alright! we've all got places to go! we've all got places to go! washington crossing the delaware turnpike? surprising. what's not surprising? how much money sean saved by switching to geico. big man with a horn. fifteen minutes could save you fifteen percent or more. >> neil: all right. he's probably one of the brightest financial minds in the country. he has seen trends that others missed and in fact, he has been ripped apart for screaming in the middle of a party it's a part and we might as we slow down here. my next guest said this about housing that was running away like crazy. remember when your house was like a wallet? you could always access it. see the equity rise. easy money. you know what happened after that. he was warning as early as 2004 and 5, this is not looking right. i just have a bad feeling about this. he spelled it out again and again. i can't tell you the people that ripped him a new one. he was right. his name is jim stack. stack financial management. he gets his wisdom from the beautiful skies of montana. he joins us on the phone. i hate to break it to you, jim is a little worried about some things going on right now. you can accept or reject what he's about to say. that's your call. i'd like to remind viewers that we always get the bull and the bears. we have those optimistic and those that breathe a note of caution. we're not going to give it all one way. like we'll put it on with democrats and republicans, et cetera, et cetera. now to jim stack. good having you. thanks for coming. >> thanks for having me, neil. >> neil: let me get your concern. i understand you're worried about what's going on in housing. this new tax law could come in to play in regard to housing. what is your worry? >> well, first, let me preface this by saying it's still a bull market on wall street and housing is remarkably strong. that's likely to continue at least through the first half of this year. but we have a problem in that median family home prices have soared over 52% the past six years. that's raising an affordability problem, at the same time we're seeing a number of excesses that are carrying those concerned -- parallel concerns that we saw in 2005. they relate to psychology, the risky mortgages and evaluations, all three areas. >> neil: i can turn that around and say if go back to the melt i don't know, there's many people that haven't seen a fraction of that gain. so you're worried heated run-up is not such a run-up. you say what? >> well, you are correct in that housing is always local. when you have a boom in housing, it favors certain areas. those areas tend to carry-over into speculation. when we talk about housing pricing being up 52% in the past six years, that's the median family home price nationally. the problem there is that once again, that median family home price is 30% above a long-term inflation trend. i think the best case scenario would be housing prices would level off. again, that seldom happens. usually what you see is the speculation and excesses that we're seeing in i would say both buyers and lenders, you're seeing that psychology that the price can't go down. that's leading to dangerous overconfiden overconfidence. >> neil: the tax law, you can't write off as much and in high tax states you can barely write off anything. so does that compound the problem for house something. >> it dampens buyer enthusiasm. i think the greater risk is the fact that we're in a mature economic cycle. this economy is hitting on all cylinders. we're starting to see those underlying imbalances rising inflation pressures that if anything, the federal reserve could be forced to raise interest rates more than the projected three times this year. >> neil: but they would still be low. rates would still be low. i know what's happening. they've been getting higher. nothing like what you and i can remember from years back. you're arguing the trend won't be the friend, right? >> well, long-term mortgage rates, 30-year rates are a little over 4%. they were 6% in 2007, 2005. no one is asking our housing pricing sustainable or supportable today if we see that mortgage rate just go back up to 5%. you know, at the same time, we're seeing a lot of high risk mortgages being made. fanny made and freddie mac, the percentage is they have tightening lending standards, they have redefined subprime lones from 6.60 to 6.20. you have the fha loans that have less than 5% down, they were less than 3% of the new loans back at the peak in 2005 -- >> neil: so you're saying we're getting risky again. let me turn this around knowing that people knew you be here. but one thing they said, maybe housing doesn't lead the economy like it used to. maybe this concern about housing is overstated because of other factors like corporate earnings, all this other stuff is driving this economy in a far greater way an can absorb whatever happening to housing. what do you say? >> housing doesn't lead the economy. the housing market didn't bottom until 2011. the recession bottomed in 2009. >> neil: their point, housing isn't a big of deal as you make it to be. you say what? >> it accounts for 15 to 20% of overall economic growth. not just the housing market. but also all the other different aspects that housing tends to stimulate through the economy. so it is a significant part. it's not going to cause a recession by itself. in fact, it's just the opposite. i think the risk to the housing market, if prices are overinflated or getting overinflated as we think is that in an economic slow down and if interest rates are a half or a full percentage point higher than they are today, then those housing prices could come down a notch or two and possibly more if we go into an actual recessi recession. >> neil: all right. what are the odds of that? what are the odds that the market can sustain itself the way it has been of late? >> well, we're in one of the largest economic recoveries in u.s. history. the third longest after the 90s and after the 60s. so this is -- this economic recovery is no spring chicken. we haven't repealed the economic laws. we haven't repealed recession. so i think it's a certainty at some point in at least the next two to four years we have to look at the prospect of a secession and a lot of that will depend on interest rates and if those underlying pressures force the federal reserve to bring rates up faster than what everybody anticipates. >> neil: let's say the federal reserve does raise rates faster. they do so for a reason. economic activity is picking up. you can see the companies and what they're doing, forecasting, seeing what the imf is saying about global growth as a result of the tax cuts. the hacking of regulations in this country. what do you think of that? >> well, when you step back to pass cyclical peaks in the economy, whether it's 2007, 1999, you know, even 1987, leading up in the months before the 87 crash, basically the confidence is very, very high before those periods. i think we have to keep in mind that particularly when it relates to the stock market and the stock market does lead the economy, you know, markets peak when the skies are bluest. when there's not a single cloud on the horizon. >> neil: are they at their peak right now? >> i don't think so. i think we can still continue in the first half of this year, but i'm going to be surprised if we don't start seeing some warning flags appear by the middle of the year. >> neil: and then what? >> well, then we have the prospect or growing possibility that the economy could slow down and actually fall into a recession. again, i'm not going to stand here and say that we are going into a recession. we are still almost 80% invested in the market. but for the first time in over two years, we reduced our allocation from 83 to 78%. this is a time -- >> neil: where is the other money? cash, bonds, both? >> basically earning safe short term yields. it's a time to step safely and carry a comfortable cash reserve that allows you to sleep at night. >> neil: understand. thanks, jim stack. i want people to hear what you have to say. balance out between the frothe and the nightmare scenarios. i want to thank you very much. again, it's up to you, folks. i try to make sure i get all points of view on this, the bull and the bear. the run up in the market, what could drive it and what could derail it so that you can step back and look at history, comparisons, some that jive from prior periods and others that do not. this market has confounded many people and that is an understatement and the tax cuts and everything else could keep it going. to jim stack's points, not everything that goes up keeps going up. that might be obvious. but i thought it's a timely reminder. good night. achoo! 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ron is calling in from michigan. you also support both. ron, give us your reasons why. caller: first of all, i start smoking marijuana in sexram never had any problems -- vietnam and never had any roblems. he's done a lot of harm to his patience. now the problem -- patients. now the problem with marijuana is the legalization. president obama should have rammed through the 160 judges. it was shown that he had power. he had strength. he had reason. but he wanted to play "kumbaya." now it's up to the republicans and trump and their gang of fools and idiots to make the rules. and their rules is going to rule, plain and simple. there's reasons for the way things go. and if you don't vote, this is what we've got, plain and simple. host: what about the role of congress in this? should congress step in and sort of clear this uncertainty up? while that's been created between the federal justice department and states? caller: yes, it should but in this political climate we have now, the people who ruled this country, the republicans, they're going to do nothing but throw monkey wrenchs and they're going to try and hold it up until big businesses can get their fangs into the legal sedation and the control of marijuana. plain and simple. we had our chance. when obama was the president, but i'm sorry, he was a weak leader. i never voted republican. i'm so sorry we picked him, plain and simple. host: all right. thomas is calling from north carolina. you support both as well, thomas. what's your reasons? caller: well, my reason is that been -- evidence has proven so far since the allowance of being able to overseas, not being done here, eing able to really properly experiment with it and check to see if there is any actual medical use for it. there is. colettely and totally. -- completely and totally. this is ridiculous that's going n. but i actually saw this coming. i told several people. i was going to move into the states and get involved in the industry but i'm glad i didn't because of this right here. host: let me ask you this. what about folks like our other caller who have had experience with addiction himself and his family and who says he's seen the negative affects -- effects of the use of marijuana? caller: because each individual, it doesn't -- they don't experience the very exact thing. so each individual's different. different people have different addictions. it's very easy for somebody who has a very addictive personality to make anything addictive. so there was -- for families who have serious problems like that there, are other issues besides that. it wasn't because of marijuana. host: all right. caller: but at the same time though too, everybody needs to pay attention and keep an eye out because this -- what states are saying that they're not worried about them coming in, people need to keep their eyes open. because all it has to take is just one decision and every state will start going down. host: all right. let's take a look at what democratic senator cory booker said about the move. booker has introduced legislation to legalize marijuana use in some instances, federally. let's take a look. >> this memo was a critical step in the move in the right direction, undoing some of the catastrophic damage that's been caused by the failed war on drugs. it is a step forward for the federal government and mending or broken drug policies that so hurt our nation in so many ways. i believe it is a step forward that the vast majority of americans who believe the war on drugs failed agreed with. it's a step forward that improves americans' safety, saves money, and better aligns our laws with the most fundamental values of fairness, uality -- equality and justice but attorney general jeff sessions has instructed the department of justice to not just double down on failed policy, but to turn back the clock and undermine the well-being of our country. host: and we are talking to you, getting your views on miracle marijuana use both medical and recreational. again, if you oppose any legalization, you can call 202-748-8000. if you support medical use only, you can call 202-748-8001. and if you support both medical and recreational use, 202-748-8002. a little more from business insider on exactly what the attorney -- what attorney general jeff sessions's memo does. it says jeff sessions is rescinding the cole memorandum that stipulates that the justice department played low priority on enforcing marijuana laws against businesses and organizations that comply with state laws. it stipulates that the federal government would not stand in the way of state set legal marijuana as long as officials keep it from migrating to places where it remained outlaws out of gangs and children. - host: barry ice calling in from chesapeake, virginia. you support the use of both medical and recreational. why is that, barry? caller: i do. thanks for taking my call. well, just to echo a lot of the pro rec use people, it's not about public health or legislation. i mean, we live in a country where alcohol is legal. guns are legal. we're allowed to have swimming pools in our backyards without lifeguards. i like to stress the point of the diversity of strains that exists nowadays. this is not your grandma's marijuana. there are strains available now to help with all manners of ailments that helps you increase appetite or lose weight. anti-depressants and the list goes on and on. host: no, it's not your grandfather's marijuana and a lots of casesen the marijuana products that are made, whether it is to be smoked or edible are a lot stronger than the marijuana that, you know, folks did in the past in college. is there any concern that some of this might be really, really stronger than the people who use this expect it to be? caller: yeah, i agree. there is a lot of concern but that's not a cause for criminalization. i would suggest begin with yourself before you start using. drug use, i find it a symptom of people's underlying problems. and, you know, that's another thing. in terms of the strength of the drugs, yeah, i agree. it is a concern. and regulation is necessary for legal substances. so that's a debate on capitol hill, i think. host: ok. and according to business snyder, california, which -- business insider, california xpects the market to boom. it is beginning of to be bigger than beer. says it is set to begin in california on january 1. and the market is expected to haul in billons of dollars in revenue next year as disprince roll out across the state. sales of cannabis will hit $3.8 llion in 2018 alone -- host: brian is calling in from robertsville, missouri. you're undecided about marijuana legalization. what issues have you undecided, brian? caller: hey, thank you for taking my call. actually, i'm for just the criminalization of really, all drugs. i grew up in the 1970's. the drug war that came about on the ronald reagan and the bushes is the problem bigger than the drugs. now what you do in your own house is your own business. it's just like the guns. i think you auto just leave your guns -- ought to just leave your guns in your own house to protect yourself. as long as you're not hurting anybody else or hurting your kids or anything like that that's your own business. and the republicans are always talking about small government. well, they're sticking their nose a lot more into our business than everybody else is. and in my opinion, the people that have been in jail right now for drug offenses ought to be released and their records be clean and go out and get a job and, man, look how much money we would save there, huh? so, that's just decriminalize all drugs and if they want to go after the drug cartels, that might be all right. but you what do in your own house is your own business as far as i'm concerned. thank you very much. host: all right. robert's calling from dallas. you agree with only medical marijuana being legalized. why not recreational, robert? caller: well, i have to tell you the reason why i don't believe in recreational marijuana is because i'm actually a senior in high school and i've seen what marijuana's done to students. the vast majority of my class actually smokes marijuana. and i have to tell you, most of the students that smoke marijuana are the ones that have the lowest g.p.a.'s, the ones with the lowest s.a.t. scores because it makes them lazy, honestly. and i've known five students that have already gone to rehab for marijuana. and my father is actually a recovering alcoholic and he tells me that students that get early into marijuana, when they become more addicted, they actually start getting into heroin and oxycontins, and opioids and stuff like that and once they get into that, they're dead. and it's horrible. and so, you know -- host: robert, let me ask you this, i mean, given what you've seen in this case, if u.s. attorney start prosecuting these crimes, these are going to be young people facing, you know, criminal liability. do you think that that's the way to go? or would you like to see more efforts focused on treatment of folks who use marijuana? what would you like to see happen? caller: oh, more efforts on treatments, totally. i don't think someone should be locked up for smoking a little pot. i think the main distributors that sell, you know, big loads of marijuana or sell heroin such as that, i think they should be prosecuted and placed in prison. i think more effects on treatment is much better because people who smoke marijuana when they go into prison t not going to do them much good. they're just going to send them to the cell and detox themself. and treatment is better. have a nice weekend. host: the "wall street journal" had an opinion piece about the attorney general's move. it says jeff sessions's marijuana candor, he is being lambasted as the uncool parent in washington and maybe the universe for rescinding an obama administration directive that decriminalize marijuana in states that have legalized the drug. and even if you're a legalizer, you should give the a.g. some credit for forcing a debate on the rule of law that congress should settle. goes on to say that we report the legalization debate has been dominated by a haze of culture ntiment devoid of facts -- host: we're talking to you, getting your thoughts about legalization of marijuana. david's calling from todd, north carolina. you support both medical and recreational use. why is that, david? caller: independent. we came from europe to get independents -- independence. a group has come together to get their salaries off of or work and labor and it's not working for me. and i had to wait on line so long. this is absolutely all i can give you. we need to go back to independence and i can't hear -- all right. thank you. but please, don't put me on the line so long on hold, thank you. host: we have a lot of callers who want to chime in on this. clinton calling. max from alaska. you support both? why is that, clint? caller: yes, thanks for taking my call. i really love c-span. i get up at 3:00 every morning and watch it. my experience with marijuana going back to the late 1950's when i began using it and have used it all this time, whenever it's been available has opened my eyes to the benefits of this product. it's really a mind expanding issue. i believe that youths smoking below the age of 18 might be detrimental as has been pointed out. i would like to mention the history of how marijuana has become so demonized. it begins back in the 1930's from the original d.e.a., head of d.e.a. who is a racist and was the first appointed to control drugs coming into america. and his view, because of his fear that marijuana used by jazz musicians was going to be reating a treatment or problem for america and he was always concerned about black musicians and white women. he made it a big issue. and he created this drug -- war on drugs that the republicans under reagan did make into this, fry your brain on pot, etc. host: do you think that states have done enough to regulate the use of marijuana? i mean, things such as using marijuana or even talking about education, using marijuana and, for example, going and driving under the influence of marijuana, operating machinery or how it might have an effect on workplaces? do you think that the state should do more? the federal government shouldn't get involved? caller: the problem at the federal level is designation of marijuana is a scheduled one drug. that's a huge mistake that louse the criminalization issue to -- allows the criminalization issue to expand. if it gets removed from level one to level two or three which other drugs are in, marijuana wouldn't be having this issue of criminalization. as far as the states go, alaska recently legalized marijuana two years ago, after many years of fighting. and we had a supreme court case here back in the 1970's that's allowed alaskans to grow up to six plants and have up to an ounce in their homes. but until there was a -- an initiative by the people of alaska that made it legal, alaska was still in a position of criminalizing use in public, etc. now, i think the states are regulating it very well. there's really high stricters on quality, the places that it can be sold, identifying the age and in a sense, background of people that are purchasing it. as youth, just lick a young people wants to get beer or whatever is not approved for under 18, they're going to get marijuana. marijuana has been widely available in the black market for years and years in this country. and i think that the regulation of marijuana as a recreational drug is going to serve a lot to drive away these cartels and others that have used marijuana as a cash cow and mexico is thriving under the old marijuana laws. i used to get marijuana from mexico. it was full of seeds and low grades. a person who smokes marijuana definitely develops a sense of inebriation or mind expansion. they get a sense of their own personal level that they like to get to. it's like alcohol. if you have alcohol running from ever clear, which is 100% alcohol to beer at 5%, a person isn't going to drink ever clear like they drink beer. host: all right. ok. and we saw a "wall street journal" editorial supporting the move by the attorney general, another fairly conservative editorial page. "the boston herald" in massachusetts where they have voted to legalize marijuana has a different view. it says surely, with an opioid ped you facing this -- host: john's calling in from liverpool, new york. you support both, john. why is that? caller: oh, of course i do because it's common sense. let's get some historical perspective in here. it didn't start with reagan. it started with nixon. nixon was the first one that start a drug war and 20 years later, we get reagan and then we get the bushes. now we got trump. this is why i don't vote republican even though i share a lot of republican opinions, especially on immigration. i definitely am a republican on immigration. but i don't vote republican. because they support this drug war and they always have. a leopard does not change its spots. they will always be like this. i will never vote republican until they get some common sense n the marijuana issue. this garbage that the pot today is stronger than the pot 50 years ago. i've been smoking pot for 50 years. they had pot 50 years ago that was every bit as strong as the stuff we have today. and just like an apple. an apple was just as good 100 years ago as it was today. a tomato. it's a plant. it's not any better today than it was 100 years or 1,000 or 1 million. anyone that brings that up, they're wrong they're lying, it's prop began d.a. we had strong pot 50 years ago. so that's just a lie. but don't vote republican, people. don't vote republican. host: all right. reva is calling in from tennessee. you support medical use only. ive us your reasons why. caller: i've watched a lot of documentary, 8-year-old children that never spoken and they have autism and i see them go to a different state to get the help that they need and see them speak their parents and live a normal life. i feel like it should be used for medical use help those that really need it. host: ok. caller: it also helps with depression. i've never used it myself but i have seen the effects. host: why do you not support it for recreational use? is it different to you than say alcohol? caller: i do support it for recreational use because marijuana, how many cases do you see of people having car wrecks using marijuana as opposed to alcohol? we lose so many young people to death due to alcohol and drinking. and you never hear cases of people from smoking marijuana. host: ok. let's take a look at what attorney general jeff sessions said last month about marijuana in remarks before meeting on drug policy at the justice department. >> i think it's a big issue for america, for the country. and i'm of the general view that this is not a healthy substance. i don't think -- i think that's pretty clear. and as a policy response as we in the federal government need to do, be prepared to take and do so appropriately with good sense. i do believe and i'm afraid that the public is not properly educated on some of the issues related to marijuana. that was the -- [indiscernible] may be helpful and working on it. that would allow the policy to be enacted. host: kristen's calling from atlanta. you support legalized marijuana, kristen. give us your reason. caller: well, there's been a lot of good points that other callers have made that i was going to bring up. when it goes back to the history of it, it really goes back to big business trying to dominant the little guys and to racism in america. when you talk about having marijuana added to schedule one and b becoming legal in the first place, it was, at the time, a big paper and big timber because temp becoming something that could be legitimate in the marketplace, combined with the government trying to keep down racism people and immigrants that they thought were demographics that represented the users of this drug. so even from the beginning, it wasn't made illegal in order to protect any public health. it was racism and big business from the get-go and that's still what these decisions when it comes the republican party, it's still what they're based on. they want to protect the tobacco industry and the liquor industry and they're really not focusing on reality, the things that we don't know like jeff sessions said, the things that we don't know that aren't being told to us the truth about marijuana are those things. it's a racial issue and a big business issue and it's about keeping the little guy down. from that, right away i'm against policies that go towards disenfranchising the population. but from just a medical standpoint, it can treat many, many things. and when it goes to the comparison that alcohol is legal and marijuana is not in many places, i have seen so many drunk people become extremely violent and i have never seen anyone intoxicated on marijuana become violent. if anything, i have seen violent people calm down on this drug. so there's a lot of things that really can benefit our society. you can use marijuana as a drinking succession aid from a medical standpoint in addition to treating caesar's, treating depression. and from a recreational standpoint, it doesn't create the same kind of violence that lcohol does. and when people stay it's all these different chains and they're super strong and people don't know what they're getting. some people want to deny that, that this truth on some level but that's not necessarily a bad thing. if it was regulated and legal, people would know what they're getting. host: ok. let's go to dorothy from cleveland. you oppose legalizing marijuana. why, dorothy? caller: for a lot of reasons and amen to the caller from georgia. this is a racism trying to keep the underdog down. what it is is what really pissed me off about it why i really don't want see it legal is you got a lot of young youths in jail for selling marijuana. ok. the reason why they were selling it in the first place is because they couldn't get a job because they had a felony. now they saw how much money that these young boys who are trying to survive out here was trying to make off it. now they want to go and kick it over and make a big business out of it. and some states are legalizing it and some states aren't and that raises -- racist -- in the white house trying to take away the mandate that barack obama had about it. so that he could keep on putting states that hasn't legalized it, they could go to jail. this is a big -- all this is is a big setup for these millionaires to get richer and like she said, hurt the little guy and make money. host: all right. and in some other news, the president has been tweeting this morning. he's tweeted at least three tweets in succession. let's take a look at them. says now that russian collusion after one year of intense study has proven be a total hoax on the american public, the democrats and their lap dogs, the fake news mainstream media, are taking out the old ronald reagan playbook and screaming mental stability and intelligence says throughout my life, my two greatests a is the is mental zpablet being like really smart. crooked hillary clinton played these cards very hard and went down in flames. i went from a very successful businessman to top tv star. the president of the united states on my first try. i think that would qualify as not smart but genius and very stable genius at that. the president tweeting this morning as we continue our discussion about medical marijuana. what are your thoughts on it? pat is calling from huntington, west virginia. you support the legalization of marijuana. pat, tell us why. caller: well, yes, ma'am, i do. i've used it all along my life. but first thing i'd like to say is jeff sessions made the public statement that good people do not smoke marijuana. and i will say this. some of the best people i've ever known. some of the sweetest people i've ever known have used marijuana in their lives. but this is what i wanted to say. back in the 1800's, there was a famous guy by the name of mark twain. and the society came to him and questioned mr. twain about the fact that he liked to smoke cigar and have a shot of whiskey in the evenings. and they wanted him to as a figure he was, to disallow this. and this is what mark twain said about this issue. he said nothing -- as other people's habits. fanatics will never learn that. though it will written in letters of gold across the sky. it is the prohibition that makes anything precious. so i will leave those words are the west of the people today to think about. we will do not need to be telling other people in their lives what they should and shouldn't do. thank you, ma'am. host: all right. and teresa is on the line from redding, california. you support both there, teresa. and it's been legalized in your state. what are your thoughts? caller: it has. medically, specifically, i'm a caretaker, full-time caretaker to my husband. he's a very sick guy. and his doctor has seen fit to go ahead and allow him or recommend to him to smoke marijuana for the simple fact that my husband is a hardcore diabetic and about five, seven, he runs anywhere from 112 to 170 pounds. hay recommend this so he can eat. my mom passed away a year and a half ago and half the reason she passed away was because she had doctor peddling her 160 vicodins a month. i would rather have her pick unan edible to take care of her pain than to pop those pain pills because now, i don't have her. i'm going keep my husband healthy and happy with the legalization of marijuana. that's just all i wanted to say. host: ok. and in some other headlines this morning. fox news is reporting that democratic congressman elijah couplings has been hospitalized and his wife has halted his gubernatorial campaign in maryland. he underwent an operation to treat an infection at a baltimore hospital. hours after his wife suspended at campaign, he said doctors johns hopkins drained the infection he is resting comfortably and expect a full ecovery. don is calling in from elwood city, pennsylvania. you only support medical use of marijuana, don. why? caller: to clarify some information the lady from georgia that said there's no riminal -- with marijuana, but the first seven minutes from pittsburgh, there's people killing people over the marijuana sales. and a lot of the marijuana is ok to treat -- regular marijuana, i spoke it. -- smoke it. i smoked it at different times in my life and it does impair you. and people say that, you know, they get hive of it like they do liquor and you do, but it impairs you. so these people that go around and say well, there's nothing wrong with smoking a joint, blah, blah, blah. there is something wrong with it. ok? and i just -- i'm just so tired of hearing this crap. host: all right, john is calling in from chicago. you support both medical and recreational use. john, what do you say about folks who are concerned about people being impaired, driving impaired, things like that? caller: i can appreciate that concern. the reason that i am in favor of it is it work on the south of chicago, i'm a physician. i see disabled patients in their homes. i typically worked with a young woman who drives me from residence to residence. i've been mugged once. i've been shot at once on the eisenhower expressway. -- that came t my -- at people who were last drug culture on the south side of chicago, that is financed by the sale of an ncredibly inexpensiveing a agricultural product. and i don't think that criminalization has done nything. i've never seen anyone who was suffering from the ill effects of marijuana. i just certainly think that driving impaired is a problem, but we deal with it with alcohol all the time. i don't think that that is a reason to criminalize the drug. host: ok. and in some other headlines as well. the "washington post" reports that former congresswoman michele bachmann is taking a look at the senate seat formerly franken. nnesota al and she announced on a show that she's mulling a run for the u.s. senate seat of al franken who initially resigned tuesday over legations of misconduct -- sexual misconduct. we have kevin calling in from whitesville, virginia. you support both medical and recreational use of marijuana. kevin, do you think that the states are doing a good enough job to regulate it? caller: i'm pretty sure they are. i don't know what's about it. it's not legal in virginia except medical. but i do believe you can control the sale to minors and you get the tax dollars. and now i believe we're hurting the drug cartels of colorado and the other states that have legalized it because they're no longer getting that money. if you really want to hurt the drug cartels, legalize the marijuana and start from there. and i believe that -- i've smoked it on and off through my life and i'm doing fine. host: ok. judy's on the line from washington, d.c., where it has been legalized in some form. you support both. judy, you think the washington, the law in washington, d.c. is going well? caller: i do. but i think that they should have congress intervene and made it impossible for them to sell marijuana legally. you can smoke it but you can't buy it and you can't sell it. so there are ways of getting around that. but the loss of residence of d.c. is tremendous and it's ridiculous and they should be able to have legalized pot, like they do in colorado and now in california and washington state. the road systems in washington state are incredible because of the taxes that we brought in and the infrastructure could certainly use that tax money. so there are a million reasons why i'm in favor of legalizing it both for medical reasons and for recreational purposes. host: and to that point, judy, according to kuow in washington state, the medical -- the marijuana industry is bringing in $168 million per year. it breaks down exactly how that's being used it says weed taxes are 37% but state sales tax are over 9%. for a 30-pound bag of weed, washington gets $7.57 in cannabis taxes on the biggest chunk of that money, almost $4 goes to the state's medicaid fund. and cannabis taxes goes to substance abuse prevention and drug education. about $3 million has been spent on public service announcements. back to that $30 bag of organic weed, 90% will go to washington department of social and health services. some of the what is that the tax money, the taxing come from marijuana use has been spent in states like washington. teresa's calling from michigan. you also support both, teresa. what's your reasons? caller: i have a lot of reasons. i mean t just ridiculous leave it legal that plant is god given. and you can use every bit of it. it helps even children. c.b.d.'s parate the from the t.h.d.'s from children that have seizures. it gives off more oxygen than any other plant. it does take money away from the drug dealers. and i think it's just ridiculous that jeff sessions is doing this. i think somebody ought to get in there and see what other laws he's changing around. because this is something that actually, they should ask the people. and not just themselves. host: ok. and roberto is calling in from washington, d.c., where it is legalizing in some form. you oppose both medical and recreational use. roberto, why? guest: good morning, yes. the reason is because science nowadays is supposed to be pretty much advanced under medical research and medical institutions that can come up with something better than marijuana. it is an excuse to say ok, we are going to sell marijuana. ut by the way, they said, we can also allow physical regulation for the beautiful ladies or man and women who want to smoke pot. it is an excuse. if it comes to like many people are saying, medical use, please, let the scientists go and do what they do and come up with the right answer. now, why don't they legalize also -- [indiscernible] you have all of this big war in central america and everywhere where the american folks are saying to combat this. ut they don't want to legalize it. why don't they legalize also prostitution? it could be a very nice recreation, you know? activity in most cases. and so on and so forth. it's a sham it and should not be allowed. host: ok. and from the column from timothy eagan from the "new york times," he's criticaled of the move by jeff sessions. after forge thug the dumpster of discarded idea the trump conversation dragged out as a part of its campaign to roll back common sense and the will of the people. host: george is calling from tennessee. you support both legalization of recreational and medical marijuana. good morning. caller: good morning, yes, i do. actually, i just took a trip to las vegas. got back not too long ago for new year's and it was actually -- we went into the local dispensary there and it was well regulated. there were police officers there. got our i.d. we went through. it was a.t.m. -- i guess it's still a situation where you can't use your card to buy marijuana there. i guess you still have to bite with cash for some reason. yeah, it was very well regulated. there were percentages for any amount of c.b.d. in a certain strain. and so i feel like it was very well regulated. you had a caller earlier that it was regulated well and i think it was extremely well regulated. host: matt is calling in from long island city, new york. you oppose both, matt. why? caller: i would say mainly because of the medical reason, how much money goes into waste like this. it gets pretty crazy. i didn't really know about the sale regulation of stores and i just listened to the previous caller. and i got to say. even though i still oppose it personally, i might say this is something we could bring up. and we did seing? the long beach tribune from a writer. he likes to analyze this and he said -- host: all right. ron is calling from old fort, tennessee. you only support medical marijuana, ron. why do you oppose recreational use? caller: well, i just think that it's bad for the youth. yeah, they can get some now. but imagine if everything was legal. yes, ma'am. host: you said imagine if everything were legal. what do you mean, ron? caller: oh, ok. the kids -- look, when i was a kid, i admit it, i smoked it. it's here and there. but not like your parents got a pack of marijuana like cigarettes. host: ok. all right. and coming up, we will be joined by abraham denmark he will be here. he's the director of the asia program at the wilson center and discuss rising tensions with north korea. and later on, a closer look at how veterans programs might change in 2018 with nikki wentling, a veterans reporter with the newspaper, "stars and stripes." stay tuned. we'll be right back. "q&a" -- on c-span's >> i propose action instead of words. i propose it now for the sake of a better world, again and again and ag

ron conway that san francisco cannot be bought. >> reporter: peskin alleges that conway bullied supervisors into backing breed and it backfired. >> did ron conway ever have a conversation with you? >> ron conway has tried to have a conversation with me but we have yet to actually meet. >> reporter: but supervisor jeff sheehy who was considered the swing vote in favor of farrell said it didn't factor into the decision. >> you cannot concentrate all the power of the city in one office. that's just not right. >> reporter: sheehy said he and other supervisors didn't think it was fair for breed to wear two hats, one as supervisor and one as mayor, while also running for mayor in june. >> i don't have to focus on the campaign trail. i'm going to focus on san francisco for the residents. that's what they deserve. >> reporter: breed today appeared upbeat. >> i think this is going to empower people who traditionally may not get involved in elections. >> reporter: progressive jane kim and mark leno are also running in the special election and it's no secret they wanted breed out to level the playing field so to speak. mark farrell hasn't said who he is endorsing although breed is the only modera

ron, if he goes off script. i'm guessing he will talk more about the economy, ron brownstein, given that the economy is doing really well. he has a lot to celebrate. has his tax plan. rave reviews when he went to switzerland. is this a chance for trum top take a victory lap? >> he is going to i think on the economy. this is the biggest selling part for 2018 for republicans. the argument that the economy is doing well. it is doing well. on the other hand the job growth in 2017 was less than in any year of president obama's second term. and the total economic growth was below what the president was touting was also less than it was in 2015 and 2014. there are qualifications there. the big question is where you started. can he expand his support beyond his base both politically and legislatively. a guy with 46% of the vote in 2016. approval stuck in high 30s. down particularly along the college educated white voters. he poses the greatest threat to republicans in 2018. one of the most striking aspects of 2017 was that republicans essentially had to do everything on their own. they were unable to create any pressure on the ten democratic senators running in states that president trump carried if 2016. a little break on democrats, on daca. so far there are are no limitations the plans are attractive to hand he could face a very much more difficult -- >> isn't it sad that not one democrat was willing to vote for a tax package. which delivers to millions of americans, cash in their pockets, real tangible results. the trump boom is just beginning. they don't want it gto get on board because they would rather grand stand by their division politics rather than talk about real growth which we never saw under the obama era. >> everyone wants to get in. one at a time. >> that's the outreach. they can't resist in about .3 seconds. maybe democrats are on for the tax bill. i believe the talking point now is supposed pto be you're about to reach out. didn't you get the trump memo, you praise trump as the greatest president -- >> tell me what he did right and -- >> and he appointed -- >> bill, what has he done right? what has he done right in the last year? >> he appointed very good justices to the supreme court. much of the agenda is strong. >> sounds -- >> ron has the chance to get in here. let's let ron speak. >> steve, as far as i know, jerry springer show is off the air. let's try to have a conversation. the question becomes, on all policy issues, the way the democrats are in swing and red-lean states, tax bill with so much tilted toward the top, over 60%, more than the bush tax cut that they did not feel that pressure. on the health care bill, in most interior states, principle beneficiaries and people with the most additional coverage were noncollege whites and swing working class voters. the immigration proposal he is putting forward which ties a solution to daca not only to boarder security but to this escalation of an attempt to significantly reduce legal immigration, a big movement from ten years ago. and bill can talk about that. and big reductions and i think it the democrats. hold on. and finally on infrastructure, idea of funding this mostly through private dollars in programs, in projects that are supposed to generate revenue,

ron white's new biography and ron chernow's new biography. which is just out on the shelves. at 1074 pages, it will keep you busy for a while. and almost simultaneous with the publication of that is the publication of a new annotated version of grant's own memoirs, edited by john marzo lack. and some of his assistants. what is useful about two of them together is the grants memoirs is it focuses on the war years. it finishes the story that grant himself did not finish as he was writing his own memoirs. i would recommend both of those. i'm actually writing a book, not reading one right now. and, as i guess we are all aware of the social situation with civil war history, monuments, that sort of thing, i a few months ago decided i am going to study, compile, and to somehow or another construct and present in an efficient way -- i have spoken to some of the fellows here about it -- ex confederates. what a lot of confederates did after the war. these guys had lives -- they did more in their lives than yankees -- shoot at yankees for four years. in the research that i am doing, i a

ron christie, jay newton small, thanks for joining better. ronjoining us for this marathon evening of coverage, we appreciate your presence. that's all from us here in washington. thank you so much forjoining us for this bbc news special on president donaldj this bbc news special on president donald j trump's this bbc news special on president donaldj trump's first state of the union. i'll hand you over to the capable hands of my colleague mike embley who is over the pond in london. thank you very much indeed, laura. in case you havejust joined us, let's round up what we have been hearing in the president's words. president trump has delivered his first state of the union address to the us congress. he started by saying he had taken forward what he called his righteous mission to make america great again for all americans, during his first year in office. and mr trump called on congress to set aside differences and seek the unity needed to serve the american people. mr trump told the audience that he intended to reverse president obama's decision

ron hosko, who served in the fbi for 30 years. ron, thank you for being here, welcome back to the program. tonight when you listen to what senator ronn says about an informant telling them that there have been these meetings of what was referred to in these texts as a secret society off-site, what do you make of i it? >> martha, the fbi is full of informal networks, many of whom need off-site to have a drink, to have lunch or dinner together, talk about the days and the challenges for tomorrow. i don't make much at all of off-site meetings with small groups, different networks, those exist in every organization, they exist in the fbi. the secret society part is a little bit different. i have not been part of an fbi secret society, even though perhaps some homework for me or knew of me thought i was part of a secret society because senior leadership gets to promote junior leadership or decide that somebody is not going to be promoted, and i think they can be perceived as a secret society. sometimes their deliberations are in secret and they make hard decisions about the organization, who moves up and who doesn't. i can see perception

and i got a call to go to ron ziegler's office. i go up to ron's office thinking it's something routine and ziegler is clearing his throat a lot and is kind of rattling his coffee cup and that is when we learned about the gap in the tapes. we had been told just about three days earlier that the worst is behind us and suddenly there was an 18 1/2 minute gap in the tapes and all hell broke loose again. >> the conversation in question took place three days after the watergate burglars were caught and the watergate prosecutor thought it was important. >> we know the 18 1/2 minute gap was a conversation about watergate because it was with haldeman and the president and haldeman was a meticulous note taker and he took notes. >> the president's presidential secretary, rosemary woods, was recalled to explain how she accidentally erased 18 minutes of a haldeman conversation with the president three days after the watergate break in. >> it didn't happen by accident would have been our first suspicion. >> i was the lawyer who questioned rosemary woods about t

ron christiejoins us from aide for the bush white house ron christie joins us from san francisco. i was thinking, my goodness, that is the kind of meeting we might have seen your former employer, president bush, hold in the white house.|j former employer, president bush, hold in the white house. i thought that was a fascinating bit of television that we saw within the la st television that we saw within the last hour. president trump had 25 members of congress join last hour. president trump had 25 members of congressjoin him, 16 senators and a handful of members from the house of representatives, and we saw something that we don't see in american politics often. he let the camera crew in and let them observe what was going on. i can't tell you how many meetings i was in with a bring the press in, they are there for 30 seconds, and then they get pushed out. we got to see republicans and democrats negotiated in front of the american people. it was a great bit of television theatre. beyond the bit of television theatre, what happens on the substance of this? do you think it makes it easier for them to come to some kind of agreement on tricky issues like the wall and protecting young immigrants? i do. i believe there is bipartisan consensus. they wa nt there is bipartisan consensus. they want to find a way to protect these 800,000 young people from being deported. one of the mechanisms that we might able to be able to do this is that government funding is going to stop on january 19 next week. if the president can find a legislative stopgap that will keep the government open as well as addressing these issues, i think there is a pathway that all sides can say they got a little something. most importantly, these young people are most importantly, these young people a re allowed most importantly, these young people are allowed to remain. most importantly, these young people are allowed to remainlj most importantly, these young people are allowed to remain. i agree, it was a fascinating three quarters of an hour when they went around the table. a real shot in the arm for bipartisanship. we certainly needed that after the last few months. but he went on to say that republicans and democrats need to go out for dinner more, they need to talk more. he said everybody hates each other. but this is the tweed he sent out on the 2nd of january. but this is the tweed he sent out on the 2nd ofjanuary. democrats but this is the tweed he sent out on the 2nd of january. democrats are doing nothing, just interested in politics. this is the sort of sentiment he has been sewing on twitter. he has been the division. good to see you, christian, as well. yes, he has been. we have long talked about the president and his tweets and it seems to take people apart as opposed to bring people together. but one of the things i heard today that i thought was very important is that it is really hard to disagree with somebody who you like. it is hard not to work with someone you know like. it is hard not to work with someone you know and respect. and members of congress, certainly the la st members of congress, certainly the last ten or 15 years, have taken to running against washington, trying to demonise not only the opposition party but the city itself. if we can find a way to get little bit more civility, perhaps the president can put down twitter every now and again and bring people over. president bush brought people over every thursday and had drinks. let's get to know each other, talk to each other, and talk about these issues rather than demonise each other. picking up that sentiment that it is difficult to disagree with someone you like. here is a message from ronth oprah winfrey. here it is. is she the 46th president, ron christie? no, and don't worry, i will be back in washington next week. i think she was extraordinarily eloquent. i stand by the sentiments expressed in my tweet. with so much rancour and division in hollywood, with harvey weinstein and the six scandals, it is nice to see a strong woman of collective eloquent remarks and take head—on an issue that has ripped apart the fabric of our society today. yes, i apart the fabric of our society today. yes, lam apart the fabric of our society today. yes, i am still coming apart the fabric of our society today. yes, lam still coming back today. yes, lam still coming back to washington, don't worry. good man. great to see you. so what do you make of it, the round the table? i thought it was fascinating. it is fascinating partly because we haven‘t seen the president do this. this is what presidents in the past have done, got everyone together. we have talked a lot about division in washingt

and i got a call to go to ron ziegler's office. i go up to ron'ssomething routine and ziegler is clearing his throat a lot and is kind of rattling his coffee cup and that's when we learned about the gap in the tapes. we had been told just about three days earlier that the worst is behind us and suddenly there was an 18 1/2-minute gap in the tapes and all hell broke loose again. >> the conversation in question took place three days after the watergate burglars were caught and the watergate prosecutor thought it was important. >> we know the 18 1/2-minute gap was a conversation about watergate because it was with haldeman and the president and haldeman was a meticulous note taker and he took notes. >> the president's personal secretary, rosemary woods, was recalled to explain how she accidentally erased 18 minutes of an h.r. haldeman conversation with the president three days after the watergate break-in. >> it didn't happen by accident would have been our first suspicion. >> i was the lawyer who questioned rosemary woods about the 18 1/2-minute gap.