. >> these are not especially happy days for budget director david stockman.er issue of the "atlantic" monthly has a long article about stockman in which he's quoted as saying things he no doubt wishes he had not said. >> i got an early copy. i could not believe it. the president gave a news conference that day. i kept waving my hand. he didn't call on me. so i chased him out. >> your budget director more or less says that the economic program is wrong. it creates inflationary -- >> no, i don't. i'll ask him what he said, though. >> he had no idea what i was talking about, clearly. so i broke the story that night that the budget director blew the whistle on this plan. >> what he still contends were off the record conversations, stockman expressed disillusion. stockman refers to naive supply siders. the whole reagan plan is premised on faith. none of us understands what's going on with all these numbers. >> it was very, very damaging. a lot of people wanted him fired, but i thought we had to keep him because he knew more about the budget than anybody. so i prev

i don't care what my former pal dave stockman said.o digital barriers, bilateral barriers, intellectual property right barriers, this is going to give us a leg up on entrepreneurship and inventiveness, which is really the heart -- >> laura: canada is coming into town tomorrow, the canadian economic minister. she is going to be here, she likes giving speeches. seems to me that trudeau has previously enjoyed triangulating against trump because for him, it's good domestic policy, he thinks, but what they did is -- is this not true -- they pushed it to the max of canada. i don't think canada thought he was going to get a deal with mexico. certainly they are the odd man out. while they ultimately come to the table and agree to this deal? >> they are coming to town and there will be a table. >> laura: [laughs] come on. why is she flying into town? to make another speech? >> i don't want to get into personal stuff. what, the president spoke to trudeau today. potus would like to get a good deal, okay? a good deal. but he told the prime ministe

and david stockman is out there with neil cavuto saying this is no big deal. come on! what has happened to these people? >> it's crankiness. >> laura: it's making me cranky. >> you are not cranky. we are part of the optimistic view. this is the growth committee. i don't care what my former palm dave stockman said.ro no digital barriers, bilateral barriers, intellectual property right barriers, this is going to give us a leg up on entrepreneurship and inventiveness, which is really the heart -- >> laura: canada is coming into town tomorrow, the canadian economic minister.r. she is going to be here, she likes giving speeches. seems to me that trudeau has previously enjoyed triangulating against trump because for him it's good domestic policy, he thinks, but what they did is -- is this not true -- they pushed it to the max of canada. i don't think canada thought hex was going to get a deal with mexico. suddenly they are the odd man out. will they ultimately come to the table and agree to this deal? >> they are coming to town and there will be a table. >> laura: [laughs] c

because they would have been a lie or a speculation only publish to boost the stock price that is a stockman and manipulation to prove that harry put a former chairman of the f.c.c. explained the f.c.c. would start scanning all the communication between mosque and directors and this would have a lot of consequences for must consult so few months to new york thank you. it's been a long wait now ikea the world's largest furniture retailer has set up shop in india on thursday the swedish company opened the doors of its first store on the subcontinent in the southern city of hyder about ikea says it will invest one and a half billion dollars in the country planning to open twenty five stores by the year twenty twenty five with the scoring middle class india is seen as a lucrative market but breaking into it could prove challenging india is one of the heart of places to do business according to the world bank and not every multinational has been successful at adapting goods or services. so before entering the indian market i only resolved its product line as our correspondent song off on the car

david: thank you, david stockman.oming up, another week and another set of legal upheavals in washington. the white house council on his way out. that is coming up next. -- ocounsel is on his way out. that is coming up next. this is bloomberg. ♪ shery: this is "bloomberg markets: balance of power." david: another legal drama in washington, don mcgahn said he will be leaving soon. joining us to explain what is going on is harry litman, a former u.s. attorney joining us from la jolla, california. great to have you. give us a sense of the role of the white house counsel, and have the good change of it is it for president trump? harry: debate. it represents the institution of the presidency, rather than the present occupant. not donald trump himself. and don mcgahn has been the guy who has stewart did this -- ste warded the juggernaut of nominations, but has also been there to generally protect the institution of the presidency. a little bit different from protecting donald trump. and that accounts for is being somewhat a

we have former reagan adviser david stockman my special guest.this weekend, join me on sunday morning for sunday morning futures on the fox news channel. house majority leader kevin mccarthy joining me as my special guest. we talk the midterm elections with mr. mccarthy who is running to be the next speaker of the house. plus start smart right here on the fox business network. >> i'm bob massi. for 35 years, i've been practicing law and living in las vegas, ground zero for the american real-estate crisis. but it wasn't just vegas that was hit hard. lives were destroyed from coast to coast as the economy tanked. now it's a different story. the american dream is back, and nowhere is that more clear than the grand canyon state of arizona. so we headed from the strip to the desert to show you how to explore the new landscape and live the american dream. i'm gonna help real people who are facing some major problems, explain the bold plans that are changing how americans live, and take you behind the gates of properties you have to see to believe.

david stockman, always a pleasure.ike you to hear all points of view on this sort of thing, whether you're a bull, hear each argument. we'll have more after this. tail, but she's not much on "articles of organization." articles of what? so, she turned to legalzoom. they helped me out. she means we helped with her llc, trademark, and a lot of other legal stuff that's a part of running a business. so laura can get back to the dogs. would you sit still? this is laura's mobile dog grooming palace and this is where life meets legal. ♪ neil: you know, funny, had a chance to talk to a lot of guests talking about their memories of john mccain. mine his sense of humor. a lot remember his character could sake zingers and zing back. she had the opportunity to be with the family a number of times before the good senator's passing. >> thanks for having me. neil: how are they doing then? dealing with the inevitable. like something you said, you know it is coming. down make it any less painful when it comes. i don't think it really m

former reagan advisor david stockman is our spellings guest. deirdre bolton is standing by., the commerce department released its revised second quarter gdp numbe

when i asked david stockman, who was then the budget director, why they couldn't cut the budget, he saidp has placed these defense contracts in every key congressional district. >> it is the system. the military services are brilliant at lining up votes to preserve the existing programs that they have. they understand that we're in danger of losing a step in this next phase of defense technology, but they almost can't stop themselves. what we watched today with the space force and vice president pence as an example, the air force is so concerned about its fighter jets that the argument is that they just haven't been paying attention to space the way they needed to the last 10, 15 years. >> at the same time, there's a lot of opposition not just from entrenched bureaucracies. this is mark kelly, former astronaut, just in the last hour with chris jansing. >> my comment that i made about seven weeks ago. you know, the air force space command already does this. at peterson air force base in colorado, they do this with about 20,000 people. might sound like a lot, but compared to the size of th

. >>> coming up next week, i hope you'll join me, former reagan adviser david stockman, my special guestoin me on sunday morning for sunday morning futures on the fox news channel. we've got house majority leader kevin mccarthy, my special guest. we're talking about the midterm elections with mr. mccarthy who is running to be the next speaker of the house. plus start smart. tune in weekdays right here on the fox business network for mornings with maria, weekdays 6-9 a.m. eastern as we set the tone for the day. i hope you'll join me. have a great weekend, everybody. thanks so much for joining me this weekend. i'll see you again next weekend. w and living in las vegas, ground zero for the american real-estate crisis. but it wasn't just vegas that was hit hard. lives were destroyed from coast to coast as the economy tanked. now it's a different story. the american dream is back, and nowhere is that more clear than the grand canyon state of arizona. so we headed from the strip to the desert to show you how to explore the new landscape and live the american dream. i'm gonna help real people w

. >>> mean time, we have more on bitcoin on the live show and david stockman joins us and ralph acampora joins us. >> jackie, thanks so much. see you at 1:00 p.m. doc, you're our resident bitcoin guy. >> yep >> do you it's had a tremendou pullback >> it has. >> is it going to track the s&p? >> no, i don't think it will do that here's a bit of what i have been hearing and seeing lately, judge. out of both korea as well as the u.s. and this afternoon i'll meet with the u.s. buyer, i've got big buyers i mean buyers of 50,000 coins at a time kind of buyers that have contacted me because you can't send that through an exchange. you got to do an otc change on those. those kind of buyers, it was exactly the opposite the prior five months. nothing but big sellers. now i'm seeing these big institutional buyers >> that tells me we're going higher >> we are getting sound now from the president. let's go to eamon javers with breaking news. >> reporter: yes, we don't have sound but we have additional details going on in that cabinet meeting we saw break up a few moment ago, robert light haahau was ta

david stockman was warning us of present-day bills. >> where is the most profound bubble to you. >> iofound bubble is in nasdaq at 8000. people said last time in the year 2000 when the nasdaq went march 27, 2000, don't worry, with 13% above the 50 day moving averages, all the charts are great, 13 days later it was down to 3200. >> all right, we want to balance that out. we tried to every show get a bowl and a bear, someone who's optimistic, someone who's not. they simply don't buy what he was saying. with the bolt market will last another six or seven or eight years. he joined the snapper jeff, you think in this case the former budget director is wrong? >> i think he's smarter than me, but we recall september 1999, we were bearish until june and then on march 2 we were on chosen we think the market bottoms this week and we been running with the bold ever since. >> so when he says this is getting crazy now, one of the quickest jumps from 7,008,000, it has the 2000 feel to it, you say what? >> it doesn't have a 2000 feel to it. valuations are not as high as they were in 2000 and there a

if you go to the national ,ection of the new york times sarah stockman with a story about democrats takingn small money donations because they fromshunned off donations packs. they highlight dean phillips. she adds this, saying the issue is now emerging in midterm races across the country with democrats rejecting packs acs -- ed by -- p refusing to take any pac money. these pledges have become selling points for voters and for some of the candidates, small donor donations are adding up. you can read the rest in the new york times. some, democrats line, go ahead. thomas.this is thented to say trump being trojan horse, this is a big script. the apprentice was a scripted show, so it really does not mean anything. host: as far as omarosa's statements herself? caller: yes. she was a scripted person on his show, so all of her comments don't mean anything. host: louisiana is next, laverne from monroe. caller: hello. i have just listened to your comments about that woman's report i heard yesterday. i do not know her or much about since he is president. i cannot understand why all of this is going