Could Italy break up the European Union?


NOW WE ARE DOWN 379. I’LL CALL IT A COMEBACK. EITHER WAY, THE MARKET DID TAKE A STEP DOWN EARLIER THIS MORNING WHEN THE EUROPEAN UNION REJECT DID ITALY’S BUDGET PLAN. THAT IS A BIG CHALLENGE FOR ITALIAN BANKS. JOINING US NOW IS NIGEL FOR ROCHE. ALL RIGHT, GOOD ITALY BE THE ISSUE THAT BREAKS AT THE EUROPEAN UNION?>>WRECKS IT MAY BE A PROBLEM WITH THE UNELECTED BUREAUCRATS BASED IN BRUSSELS. ITALY IS THE ULTIMATE NIGHTMARE. THE THIRD-BIGGEST ECONOMY WITHIN THE YEAR IS DONE. PUTTING FORWARD A BUDGET THAT IS RESPONSIBLE BUT IS REJECTED BY UNELECTED BUREAUCRATS. ITALY AND THE EUROPEAN UNION ARE ON A COLLISION COURSE. STUART: I RETURNED TO THE QUESTION. COULD ITALY ACTUALLY BREAK UP THE EUROPEAN UNION AS WE KNOW IT? IS IT THAT SERIOUS?>>YEAH, WELL, BREXIT IS THE FIRST BREAKOUT OF THE WALL, ALBEIT THOUGH WE ARE NOT MEMBERS OF THE YEAR IS DONE. ITALY IS A MEMBER OF THE EURO ZONE AS A RESULT OF WHICH THEY’VE BEEN STRUCK INSIDE A GERMAN DOMINATED CURRENCY THAT IS DONE THEIR COUNTRY NO GOOD AT ALL AND NOW THEY’RE BEGINNING TO REALIZE YOU CANNOT BE A DEMOCRATIC NATION AND MEMBER OF THE EUROPEAN UNION. I SAID IT BEFORE. I’LL SAY IT AGAIN. ONLY A MATTER OF TIME BEFORE BREAKS OUT AND ITALY WILL DO IT. ASHLEY: ONE ASK YOU ABOUT THE MIGRANT CARAVAN COME AT MIGRANT CARAVAN, THE ONE HEADED TOWARDS THE UNITED STATES NOW IN MEXICO HEADED TOWARDS AMERICA. I’VE GOT TO TELL YOU, IT REMINDS ME OF WHAT HAPPENED IN 2015 WHEN A MILLION STREAMED ACROSS EUROPE AND ANGELA MERKEL LEFT THEM INTO GERMANY. THAT DID NOT WORK WELL FOR MERKLE. WHAT DO YOU SAY?>>EMIGRANTS HAVE NOTHING TO SAY JUST AS THE SHOWS LISTED IN EUROPE HAD NOTHING TO SAY AND HUGE NUMBERS. WHAT YOU SAY NEAR IN COUNTRIES LIKE SWEDEN, COUNTRIES LIKE GERMANY. ITS FUNDAMENTAL CHANGE WITHIN OUR CITIES, A GROWTH OF NEW POLITICS AND NEW ITALIAN GOVERNMENT. I WOULD SAY WHAT THE MIDTERMS COME A COUPLE OF WEEKS AWAY ON THE FACE OF IT, THIS MIGRANT CARAVAN MIGHT BE GOOD NEWS. IT COULD JUST BE ENOUGH TO KEEP THE HOUSE FOR DONALD TRUMP. STUART: OKAY, TENS OF THOUSANDS OF PEOPLE IN LONDON PROTESTING ABOUT BREXIT. THEY WANT ANOTHER VOTE. ARE THEY GOING TO GET ANOTHER VOTE, WITH NIGEL?>>S. CONTENTS OF THOUSANDS OF PEOPLE BUSSED INTO LONDON. PEOPLE CAN ACCEPT THE RESULT OF THE GREATEST DEMOCRATIC EXERCISE IN THE HISTORY OF THE UNITED NATIONS. FROM OUR OLD FRIEND, GEORGE SOROS. YOU KNOW SOMETHING COMMON TO PEOPLE YOU DIDN’T SEE ON SATURDAY WERE MIDDLE ENGLAND. MIDDLE ENGLAND DON’T PROTEST. MIDDLE ENGLAND DON’T MARCH. BUT DO NOT UNDERESTIMATE THE ANGER OF MIDDLE ENGLAND IF THEY ARE ASKED TO VOTE ON THIS ISSUE AGAIN. I HOPE AND PRAY WE DO NOT GET A SECOND REFERENDUM. WE’VE HAD THE PEOPLE SO. IF WE DO, I PROMISE YOU WILL

American businesses are worried about China 2025, not the trade deficit: Carlos Gutierrez


FORD’S ALLEGATIONS AGAINST KAVANAUGH DATING BACK TO THEIR HIGH SCHOOL YEARS. LET ME GET TO THE PRESIDENT TRUMP TRADE WARS.>>>AT THE FORMAL SPEECH OF THE UNITED NATION HOURS AGO, CHINA VENDOR THAT IT WILL NOT BE BLACKMAILED ON TRADE. THAT WAS RIGHT AFTER THIS MORNING WHEN FORMER TREASURY SECRETARY ROBERT RUBIN WEIGHED IN ON PRETENSIONS DURING A Q&A SESSION WITH THE MAN CHINA SENT IN PLACE OF PRESIDENT XI. FOREIGN AFFAIRS MINISTER SPOKE ON THE COUNCIL OF FOREIGN RELATIONS. HAD A CHANCE TO PRESENT THEIR ON CHINA’S INSISTENCE THAT THE US BUSINESSES HAVE A CHINESE PARTNER IF THEY WANT TO DO BUSINESS IN CHINA. EVEN SECRETARY RUBEN SAID THE MAN WHO DEALT FOR YEARS UNLESS LISTEN TO THAT EXCHANGE.>>IT IS NO SURPRISE THAT THE US GOVERNMENT SPECIFICALLY, TRUMP ADMINISTRATION, WOULD LIKE CHINA TO DROP THE REQUIREMENT THAT AMERICAN BUSINESSES WANT TO DO BUSINESS IN CHINA HAVE TO HAVE A CHINESE PARTNER. THE CONCERN IS THAT THE CHINESE PARTNER MAY, LET THEY BORROW, INTELLECTUAL PROPERTY. WILL USE A NICE WORD THERE. IS CHINA WILLING TO DROP THIS REQUIREMENT IN THE SPIRIT OF, AS YOU SAID AT THE BEGINNING OF YOUR SPEECH, GETTING US CHINA RELATIONSHIPS BACK ON TRACK? THANK YOU.>>[INAUDIBLE] [INAUDIBLE]>>IF YOU SPEAK TO AMERICAN COMPANIES TODAY IN ORDER TO GET ACCESS TO CHINA AND MORE AREAS THEY’RE REQUIRED TO ENTER AND PARTNERSHIPS OR TRANSFER TECHNOLOGY AND THAT’S UNDERMINING BUSINESS SUPPORT FOR THE AMERICAN CHINESE RELATIONSHIP. LIZ: WHEN HE DIDN’T ANSWER MY QUESTION, WE GOT THE ASSIST FROM RUBEN. WE NOW GET IN THE SYSTEM FORMER COMMERCE SECRETARY CARLOS IN A FOXBUSINESS EXCLUSIVE. HE SAID TO US THAT AMERICA SELF IMAGINES SUSPICION ABOUT CHINA IS A SERIOUS STRATEGIC MISJUDGMENT. IS THIS SELF IMAGINES THAT THEY ARE UNFAIR IN TRADE OR IN DOING BUSINESS WITH THE AMERICANS?>>THIS IS PART OF THE DISCUSSION AROUND THE STRATEGIC DOCUMENT AND NATIONAL SECURITY STRATEGY THAT WAS ISSUED. IT BASICALLY SAID CHINA’S RISE WILL IMPACT THE US. IT’S A DIFFICULT THING TO DO TO TELL SOMEONE THAT YOU WANT TO KEEP THEM DOWN. THAT IS THE WAY CHINA DID IT. BUT YES, THIS IS THE BIG ISSUE AND CHINA 2025 WHICH IS THEIR PLAN TO HAVE THEIR OWN DATA AND TO KEEP DATA LOCALIZED – THAT IS WHAT WE SHOULD BE TALKING ABOUT. WERE TALKING ABOUT TARIFFS AND SO THERE ARE TWO DIFFERENT THINGS HERE. ONE IS THE TRADE DEFICIT IN THE OTHER IS CHINA 2025. BUSINESSES ARE WORRIED ABOUT THE 2025, NOT THE TRADE DEFICIT. LIZ: BEFORE CHINA 2025 US BUSINESSES THAT WENT INTO CHINA WERE FORCED TO GET A PARTNER AND GIVE UP OR EXCHANGE TECHNOLOGICAL KNOW-HOW AND PROPRIETARY INTELLECTUAL PROPERTY. THAT IS WHAT I WAS ASKING. WOULD THEY BE WILLING TO DROP THAT IN ORDER TO END THE TRADE WAR BECAUSE THAT IS WHAT I THINK PRESIDENT TRUMP WOULD LIKE TO SEE IN CHINA IS NOT BUDGING ON THAT.>>HE SAID THAT THERE HAS BEEN NO LEGISLATION ON THAT. HERE’S THE . LIZ: TALK TO [INAUDIBLE] THEY’VE ALL HAD THEIR STUFF TAKEN.>>AND WHAT TO DO HAPPEN IS THEY GET A PARTNER IN THE US COMPANY AND THAT PARTNER GOES OFF AND BUILDS HIS OWN PLANS. THE QUESTION IS . LIZ: THEFT OF INTELLECTUAL PROPERTY.>>RIGHT, BUT WE HAVE TO BE CAREFUL THAT THE JOINT VENTURE PARTNER IS THE MEMBER OF THE CHINESE GOVERNMENT AND GET THAT WE BLOW THAT SOMETIMES. THAT MEANS THE GOVERNMENT. LIZ: YOU WERE ALSO THE CEO OF KELLOGG’S, THE CEREAL COMPANY, FARMERS ARE NOW DEALING WITH A TRADE SITUATION WHETHER IT BE WITH CANADA, MEXICO OR CHINA AND US SOYBEAN SUPPLIES ARE RISING TO 11 YOUR HIGH BECAUSE CHINA NOT EXACTLY BUYING OUR SOYBEANS BECAUSE OF THE BATTLE SO HOW WILL THIS AFFECT CONSUMER PRICES?>>IS A BIG HIT FOR FARMERS BECAUSE OF EXCESS INVENTORY AND TOO MUCH PRODUCT. THAT IS GOING TO MAKE PRICES COLLAPSED AND THE QUESTION IS THE TOBIN DOLLAR SUBSIDY THAT THE PRESIDENT HAS PUT IN PLACE, IS THAT ENOUGH TO OFFSET WHAT HAPPENS WHEN YOU HAVE A COLLAPSE IN FARM PRICES.

Super League Gaming CEO on partnership with China’s Tencent


THEY WILL BRING A BIG NEW GAME TO THE U.S. CEO AND FREQUENT GUEST ON THIS PROGRAM AND YOUR PARTNERING WITH THE CHINESE COMPANY IN THE MIDDLE OF A NASTY TRADE DISPUTE. WHY?>>IS THAT REALLY WHAT YOU ARE THINKING ABOUT HERE? THE LARGEST GAME PUBLISHER IN THE WORLD AND PUB G IS ONE OF THE LARGEST WITH ABOUT 400 MILLION DOWNLOADS, 50 MILLION DAILY ACTIVE USERS.>>WHAT IS IT, PUB G?>>THERE YOU GO AGAIN, SURPRISING ME WITH THIS SECRET GAMING KNOWLEDGE YOU HAVE. WE ARE BUILDING LEAGUES AND WE ARE BRINGING GAMING OUT OF THE HOME AND INTO THE REAL WORLD AND BRINGING LEAKS AND TEAMS AROUND THE WORLD TO MAKE IT POSITIVE AND RECLUSIVE. PEOPLE CAN WALK INTO OUR VENUES OR PLAN OUR EXPERIENCES WITH THE USE OF THEIR PHONE.>>AMATEUR SPORTS TOURNAMENTS AROUND THE COUNTRY, THAT’S WHAT YOUR COMPANY DOES. YOU ARE BRINGING THIS GAME TO AMERICA, THE HOUSE HOPING IT’S ANOTHER FORTNIGHT. ARE YOU THE ONLY GAME IN TOWN TO BRING PEOPLE IN TOWN WHO WILL HAVE THIS PUB G GAME?>>PUB G MOBILE ALREADY IS A VERY POPULAR MOBILE GAME ACROSS THE U.S. SO WHAT WE WILL DO IS WRAP OUR STRUCTURES AROUND IT SO THAT WONDERFUL COMMUNITY CAN COME TOGETHER. THE OTHER EXCITING NEWS IS THAT WE’VE BEEN NOT ONLY EXPANDING OUR TITLE LIBRARY BUT WE ARE CELEBRATING AROUND ALL DIFFERENT KINDS OF GENRES AND ALSO DIFFERENT AGES BUT ON TOP OF IT, WE RECENTLY ANNOUNCED THE ACQUISITION, A DIGITAL CHANNEL, WE ANNOUNCED THIS CHANNEL. WE HAVE A MINE CRAFT FORM. THESE CHANNELS ARE HIGHLY COMPLEMENTARY TO THESE PHYSICAL MARKETS WE ARE IN. WE ARE IN ABOUT 35 MARKETS TODAY AND WHEN YOU LOOK AT THESE AUDIENCES WE ARE BRINGING TOGETHER, WE ARE NOW BECOMING A NETWORK FOR ALL THINGS. WE HAD OUR FIRST ORDER CALL YESTERDAY AND THE INVESTORS WERE EXCITED ABOUT OUR NEWS. WE HAVE GROWN THIS DIGITAL NETWORK FROM NOTHING AT THE START OF THE YEAR INTO ONE THAT’S PROJECTING ABOUT 100 MILLION VIEWS FOR THE FULL YEAR OF 2019. YOU HAVE THAT GROWTH ON THE DIGITAL SIDE, IT STARTS TO TELL THE MARKET THAT IT GIVES THE MEDIA COMPANY INTO THE RARE PLAY ON NASDAQ RIGHT NOW.>>THERE YOU GO AGAIN, TELLING ME THINGS ABOUT WHAT I DIDN’T KNOW ABOUT THE GAMING WORLD.>>WE ARE ON A JOURNEY HERE. YOU HAVE THE JERSEY I GAVE YOU LAST TIME.

Inflation will be a global phenomenon: Kyle Bass


NASDAQ FINISHED MIXED. MARIA, BACK TO YOU. MARIA: STOCKS CAPPED OFF WITH THE LATEST JOBS REPORT ON FRIDAY. THE PRESIDENT’S ECONOMIC TEAM VISIT TO CHINA TO DISCUSS THE TRADE IMBALANCE AND THE THREAT OF INTELLECTUAL PROPERTY BY CHINA. JOINING ME RIGHT NOW, ONE OF THE MOST RESPECTED INVESTORS IN THE WORLD, KYLE BASS, THE CHIEF EXECUTIVE OFFICER OF HAYMAN CAPITAL COMPANY. GOOD TO SEE YOU, KYLE. THANKS FOR JOINING US.>>YOU TOO. MARIA: LET ME GET THE MACRO STORY FROM YOU AND YOUR REACTION TO THE JOBS NUMBERS OUT ON FRIDAY. THE NUMBER OF JOBS IT WAS WEAKER THAN EXPECTED, WE KNOW, EVEN THE UNEMPLOYMENT RATE FALLS BELOW 4%. WHAT WAS YOUR TAKE?>>WELL, YOU KNOW, MY VIEW ON JOBS IS YOU HAVE TO THINK ABOUT WHAT OUR GOVERNMENT IS DOING. WITH THE TAX CUTS WE’RE GOING TO STIMULATE OUR ECONOMY BY $350 BILLION OVER THE NEXT 12 MONTHS. IT’S BACK-END LOADED TOWARD 2019. BUT WE’RE STIMULATING WHILE WE’RE AT FULL EMPLOYMENT. SO WE, AT OUR FIRM, BELIEVE THAT IS GOING TO LEADS TOWARDS INFLATION AND IT’S GOING TO LEAD TOWARDS WAGE INFLATION. IF YOU LOOK AROUND THE WORLD AND LOOK AT HOW MUCH MONEY THE GLOBAL CENTRAL BANKS HAVE PRINTED. WE LOOK AT THE WORLD AS GLOBAL M-2, MONEY AROUND THE WORLD DIVIDED BY GLOBAL GDP. THAT RATIO IS THE HIGHEST IT’S EVER BEEN. 110% OF GLOBAL GDP IS WHERE M-2 SITS. AND HISTORICALLY THROUGHOUT THE LAST 100 YEARS, THAT RATIO IS SOMEWHERE BETWEEN 30% AND 50%. MARIA: WOW.>>WE SEE SO MUCH MONEY AROUND THE WORLD AS AN UNINTENDED COINS CONSEQUENCE OF QE. WE SEE WEALTH GAPS WIDENING, FULL EMPLOYMENT IN THE SKILL LEVEL SECTOR AND PERMANENT UNEMPLOYMENT FROM THE DISPLACEMENT OF FACTORY WORKERS BY CHINA AND SOUTHEAST ASIA. SO IT’S A FASCINATING WORLD THAT WE’RE LIVING IN TODAY THAT THEY SAY TEXTBOOKS DON’T HAVE AN ANSWER FOR. MARIA: YOU WOULD THINK THAT THE DOLLAR WOULD BE TRADING BETTER BUT THAT’S NOT THE CASE. SO WHAT DO YOU WANT TO DO BASED ON ALL OF THESE SINGLE NAS. YOU WANT TO SHORT THE MARKET OR BE ALL IN?>>I WANT TO BE RIGHT IN BETWEEN THERE. NO. I THINK THAT, I THINK THAT — SO WHAT I’M TRYING TO SAY IS, YOU’RE GOING TO SEE — YOU’RE GOING TO SEE REAL INFLATION HAPPENING. THIS TIME IT’S GOING TO BE A GLOBAL PHENOMENON. IT’S NOT GOING TO BE, LET’S SAY, CONTAINED BY A SOVEREIGN WALL OR ONE DOWN TRI’S POLICY. IT’S GOING TO BE GLOBAL IN ITS NATURE AND THAT’S SOMETHING WE HAVEN’T EXPERIENCED AS A WORLD IN A VERY LONG TIME. AND SO WHEN YOU ASK DO I WANT TO BE ALL IN THE STOCKS OR DO I WANT TO BE SHORT, YOU KNOW, I THINK THAT THERE’S SO MUCH MONEY AROUND THE WORLD THAT, YOU KNOW — I’LL GIVE YOU AN EXAMPLE OF THE RIDICULOUSNESS THAT WE’RE SEEING. WE JUST HAD A PAINTING AUCTION THAT WAS MAYBE LEONARDO DA DaVINCI, WE’RE NOT SURE, THAT WAS RESTORED, IT TRADED FOR 450 $450 MILLION. A PICTURE OF JESUS BOUGHT BY AN ARAB. YOU CAN’T MAKE THIS STUFF UP, WHAT’S GOING ON OUT THERE THESE DAYS. I THINK YOU’RE GOING TO SEE — IN PERIODS OF INFLATION AND MAYBE WE’LL SEE STAG SB FLATION. AND IN THOSE SPEAR IDEAS, STOCKS, YOU KNOW, IN INFLATIONARY PERIODS STOCKS KEEP UP WITH 75% OF THE NUMBERS. SO I’M NOT SAYING BE SHORT STOCKS. I’M JUST SAYING THAT THIS MACRO ENVIRONMENT THAT WE’RE KINDING HEADING INTO, GIVEN ALL OF THE CENTRAL BANK’S ACTIONS, THE FED PULLING BACK, CHINA STAYING ON THE GAS PEDAL AND THE ECB MIGHT BE PULLING BACK, I THINK YOU JUST NEED TO BE — I KNOW THIS SOUNDS LIKE A WEATHERMAN. YOU NEEDS TO BE SELECTIVE ABOUT WHAT YOU BUY BUT YOU DON’T WANT TO BE SHORT THE WHOLE MARKET. THAT’S MY VIEW. MARIA: WHERE DO YOU SEE GROWTH RIGHT NOW? WHERE ARE THE OPPORTUNITIES FROM YOUR STANDPOINT?>>WE LOOK AROUND THE GLOBE. WE OWN OM THINGS HERE WE OWN SM THINGS HERE WE OWN SOMTHINGS HERE WE OWN SOMEHINGS HERE WE OWN SOME TNGS HERE WE OWN SOME THIS HERE WE OWN SOME THINGHERE WE OWN SOME THINGSERE WE OWN SOME THINGS IE WE OWN SOME THINGS IN THE U.S. BUT. THE MAJORITY OF CAP L IS FOCUSED ON WHERE WE SEE OPPORTUNITY IN SOUTHERN EUROPE AND PRIMARILY GREECE. YOU THINK ABOUT THE U.S. GREAT DEPRESSION, WE HAD A REFLECTIVE SNAP BARBING IN TWO OR THREE YEARS. THEY’VE HAD EIGHT YEARS OF A COMPLETE DISASTER IN THEIR ECONOMY. AND YOU’RE SEEING EVERY MACRO INDICATOR IN SOUTHERN EUROPE IS HEADING HIGHER. WE THINK THERE’S TREMENDOUS OPPORTUNITY IN A SMALL COUNTRY IN SOUTHERN EUROPE AND THAT SEGUES INTO LATIN AMERICA. ARGENTINA HAS HAD TO ABSOLUTELY MOVE THEIR SHORT-END RATES IN EMERGENCY FASHION MULTIPLE TIMES. THEY’VE MOVED IT ALMOST 900 BASIS POINTS IN ABOUT A WEEK. IMAGINE IF THE U.S. RAISED THE FRONT END 9% IN A WEEK.

Libertarian candidates take on health care, tax reform


FOR. AND THAT IS A MEMO. FIRST UP, HEALTHCARE. ONE OF THE MOST DIVISIVE ISSUES FOR THE LAST DECADE AND IT IS DEFINITELY TOP OF THE VOTER’S MIND GOING INTO THE MIDTERMS ACCORDING TO BOXERS PULLING. WHITE HOUSE TERRY SARAH SANDERS HAS BEEN SHOW SO MUCH TONIGHT. TALK ABOUT THE PRESIDENT HELP YOU PLAN WHAT.>>HIS HEALTH CARE PLAN THAT HE LAID OUT CONDITIONS AND THE PRESIDENT WANTS TO LOWER PREMIUMS TO MAKE HEALTHCARE MORE AFFORDABLE NO ONE WILL BE CHARGED HIGHER PREMIUMS IF THEY KEEP THEIR COVERAGE AND NO ONE WILL BE DENIED COVERAGE. KENNEDY: PUBLICANS HAVE FAILED TO FIX THE DISASTER THAT DEMOCRATS USHERED IN SO WHAT WOULD A LIBERTY MINDED SOLUTION LOOK LIKE? SPECIAL PANEL TONIGHT. LIBERTARIAN CANDIDATE FOR GOVERNOR IN THE STATE OF NEW YORK, VERY SHARP IS BACK ALONG WITH LIBERTARIAN CANDIDATE FOR SENATE IN VIRGINIA, MATT WATERS AND LIBERTARIAN CANDIDATE FOR CONGRESS IN THE SEVENTH DISTRICT IN PENNSYLVANIA. WELCOME, EVERYONE.>>LIKE TO BE HERE. KENNEDY: LET’S TALK HEALTHCARE. NOT FIGHTING EACH OTHER BUT WERE TRYING TO COME UP WITH A SOLUTION AND WORK TOGETHER TO DEFEAT THE ASTONISHMENT. [LAUGHTER]>>I THOUGHT WE WERE FIGHTING HERE, WILL BE DOING? [LAUGHTER] KENNEDY: LET’S TALK ABOUT THE CHALLENGES YOU HEAR FROM VOTERS.>>PEOPLE CARE ABOUT HEALTHCARE FOR SURE. THE FUNNY THING IS THE ASTONISHMENT PARTIES ARE BOTH FIGHTING OVER THAT NARROW POINT OF PRE-EXISTING CONDITION AND THAT IS AN OPENING FOR ME. IN THE DEBATES WE HAVE HAD I BEEN ABLE TO TURN AROUND ON THEM BADLY BECAUSE BOTH PARTIES, AS WE NO, CENTRALIZED HEALTHCARE IN WASHINGTON PRICES ARE SKYROCKETING AND PEOPLE FEEL BAD ABOUT THE OPTIONS THEY HAVE AND I CAN MAKE THE POINT THAT LOOK, MEDICARE WILL BE INSULTED STARTING IN 2026. KENNEDY: IT’S INSANE.>>IT’S INSANE. AND BOTH PARTIES ARE RESPONSIBLE FOR. THEY HAVE NO ANSWERS AND IGNORE THAT POINT SO I TURN IT AROUND AND I HAVE BEEN ANYTHING TO RESONATE WITH PEOPLE THAT THEY WANT SOMEONE BEING HONEST AND THAT IS HONEST. KENNEDY: IN YOUR THEME FOR YOUR ENTIRE CANDIDACY HAS BEEN SOMETHING DIFFERENT. YOU GIVE UP HEALTHCARE. YOU GAVE OR I SHOULD SAY HEALTH INSURANCE.>>THAT’S RIGHT. IT’S AMAZING. I’M WITH A NONPROFIT IN ITS GROUP OF PEOPLE THAT DECIDED TO OPT OUT OF HEALTH INSURANCE AND WE SHARE EACH OTHER’S MEDICAL EXPENSES. IN THE COST LAST YEAR A BLUE CROSS BLUE SHIELD OF MY FAMILY WAS 770 WE PAID $21,000 BUT THIS YEAR WE ARE UNDER 6,000. IT IS TRULY A MIRACLE WITH PEOPLE CAN TAKE OWNERSHIP OF THEIR HEALTH INSURANCE AND PUT US IN THE DRIVER SEAT AND THEN THINGS HAPPEN LIKE COSTS COME DOWN. KENNEDY: THAT’S A FASCINATING MODEL. I’D LIKE TO SEE SOMEONE LIKE YOU ELECTED SO YOU CAN HEAR MORE ABOUT THOSE OPTIONS BECAUSE WHAT THEY ARE OFFERING NOW IS A FALSE DICHOTOMY AND YOU, MY FRIEND, WHEN YOU ASSUME THE GOVERNMENT HERE IN NEW YORK STATE YOU’RE GOING TO BE TACKLING THE GREATEST BEHEMOTH.>>CORRECT. CUOMO CARE HERE. LOOKING AT MEDICAID FOR ALL IN HORRIBLE TWO-TIERED SYSTEM WOULD MAKE SURE THAT ALL THE BEST DOCTORS DON’T TAKE ANY INTEREST. THAT’S WHAT WERE LOOKING TO HAPPEN IN THE NEW YORK STATE. TO HIS POINT, IN REALITY WE MADE AN ERROR WE CONFUSE HEALTHCARE INSURANCE WITH HEALTHCARE. OBAMACARE IS NOT HEALTHCARE REFORM. IT’S HEALTHCARE INSURANCE REFORM. I’M LESS CONCERNED ABOUT INTERNS ARE NOW BUT MUCH MORE CONCERNED ABOUT HEALTHCARE SYSTEM WHICH IS A SYSTEM. IT’S A CARTEL SYSTEM WHERE WE GET HORRIBLE CARE UNLESS YOU PAY OUT OF YOUR POCKET. WE HAVE TO CHANGE THE ACTUAL HEALTH CARE SYSTEM AND MAKE IT TO WHERE IT’S FAR MORE TRANSPARENT AND WHERE IT’S MORE LIKE NONESSENTIAL MEDICAL CARE WHERE HE GETS DO WE HAVE HIGHER TECHNOLOGY AND HIGHER SERVICE AND LOWER PRICING BE WHAT YOU WANT THE INNOVATION BUT YOU DON’T WANT TO SQUASH THAT AND SOMETIMES YOU HAVE TO PAY MORE FOR THINGS BUT WITH ACTUAL SOLUTION LIKE MATT TALKED ABOUT, PUBLICANS HAVE SHIED AWAY FROM CAMPAIGNING ON THEIR TAX CUTS AND MIDTERM AND IS VOTERS ARE NOT HOT ON THE TOPIC AS THEY WERE BEFORE. MORE AMERICANS SHOULD BE UPSET ABOUT THE FACT THAT OUR NATIONAL DEFICIT IN 2018 WILL HIT $779 BILLION IN PART BECAUSE REPUBLICANS ONLY CUT TAXES AND NOT SPENDING. HOW WOULD A LIBERTARIAN CUT ON THE SIZE OF GOVERNMENT?>>FI FOR TAX CUTS ALL THE TIME ON THE TRAIL AND IT’S A GOOD ISSUE. I WAS A BUSINESS REPORTER FOR A LOCAL STATION AND A LOT OF BUSINESSES REALLY DO WELL FROM THE TAX CUT SO I TALK MORE ABOUT CUTTING TAXES AND PEOPLE FEEL IT VISCERALLY. YOU ARE RIGHT, SPENDING SUCH AN ISSUE AND THE REPUBLICANS BECAUSE THEY DID SUCH A TERRIBLE JOB ON IT WITH TOTAL CONTROL OF WASHINGTON THEY HAVE OPENED UP THAT FLANK WHERE DEMOCRATS MAKE THIS ARGUMENT THAT WELL, TAX CUTS ARE WHY DEFICIT IS SO HUGE EVEN THOUGH WE KNOW THAT’S NOT THE CASE BUT IF WE LIVE WITHIN OUR MEANS AND CUT SPENDING WE COULD DO BOTH SO THE RUFFIANS HAVE BLOWN IT ON THAT. HAVE TO STEP IN AND BE THE RESPONSIBLE ONES WILL BE FISCALLY RESPONSIBLE TO BE ONE IT IS THOUGH PUBLICANS HAVE GIVEN UP AND SETS THE TONE AND INSTEAD OF ADMITTING TO FAILURE AND CHANGING THE ATTACK THE OTHER SIDE. KENNEDY: YOU DON’T WANT TO SOUND LIKE A LUTE ALTHOUGH I DON’T BECAUSE CRAZY TO WANT TO GET RID OF THESE HIGHER GOVERNMENT AGENCIES LIKE THE DEPARTMENT OF CONGRESS AND MOVE ON APARTMENT OF EDUCATION BUT HOW CAN YOU PRACTICALLY WORK PEOPLE TO MAKE CUTS?>>MODELS ARE OUT THERE. TAKE MARGARET THATCHER, THE GREAT PRIME MINISTER OF ENGLAND WHO PRIVATIZE SO MUCH OF ENGLAND’S PUBLIC SECTORS. SHE WENT TO A PUBLIC, PRIVATE PARTNERSHIP AND SLOWLY MOVED IT OUT OF THE PUBLIC SIDE INTO THE PRIVATE SECTOR. IT’S A MODEL WE COULD USE HERE IN THE STATES ACROSS THE BOARD AND IT GOES BACK TO THE COMPETITION. WHAT IS THE ROLE OF GOVERNMENT? IF IT’S TO PROTECT OUR RIGHTS, LIFE, LIBERTY AND PURSUIT OF HAPPINESS AND PROPERTY THEN IT GOES BEYOND THAT AT THAT POINT WE NEED TO THINK ABOUT WRITING IT IN AND REEDUCATING PEOPLE. KENNEDY: REIGN IT IN.>>TWO ISSUES. YOU MENTIONED HOW DO PEOPLE CARE AND THEY DON’T CARE BECAUSE OF LACK OF OPPORTUNITY. WHEN YOU HAVE A LACK OF OPPORTUNITY PEOPLE BEGAN TO GIVE UP AND LEARNED HELPLESSNESS. THEY STOP CARING. NEW YORK STATE ABOUT 70% OF US DON’T EVEN VOTE ANYMORE. WE’VE GIVEN UP. WE DON’T CARE ABOUT ANYTHING. I WANT TO FEEL BETTER BUT HOW DO YOU DEAL WITH TEXAS? YOU CAN’T JUST – YOU CAN’T JUST . KENNEDY: POLITICIANS JUST THROW STUFF AT PEOPLE AND THEY GIVE ME YOUR VOTE AND I’M SELLING OUT.>>YES, BUT WE CAN’T JUST CUT THINGS EITHER BECAUSE WHEN YOU CUT THINGS AND CUT THEM PEOPLE BECOME AFRAID. PEOPLE WHO ARE AFRAID MAKE BAD DECISIONS. KENNEDY: PETER WAS AT COULD USE A SCALPEL AND YOU CAN’T USE A CLEAVER. HEMORRHAGING AND UNCONTROLLABLE HEMORRHAGING ->>I TALKED OFTEN ABOUT THE IDEA OF USING NAMING RIGHTS AND IN THE STRUCTURE AND USING THE MTA WITH AT RIGHT LINES IN THE EVENING. KENNEDY: I LOVE FOR AN EFFORT TO BE NAMED AFTER ME. [LAUGHTER]>>EXACTLY. KENNEDY: WE ARE RUNNING OUT OF TIME. PEOPLE SAY THIRD-PARTY CANDIDATES ARE SPOILERS IN THE ONLY GIVE THE ELECTION WONDERED.>>I THINK MY OPPONENTS ARE TRYING TO SPOIL IT FOR ME. THIS IS A QUINTESSENTIALLY AMERICAN IDEA TO TAKE ON A SEEMINGLY INSURMOUNTABLE FLOW AND BE DONE. THAT’S HOW THE COUNTRY LITERALLY WAS FORMED. I APPEAL TO IT FROM A PRAGMATIC STANDPOINT. INDEPENDENT AND CONGRESS HAVE A LOT OF POWER BOTH SIDES WOULD BE COURTING ME FOR THEIR VOTE AND WHEN PELOSI AND THE DEMOCRATS WENT TOO FAR I COULD CHECK THEM AND WHEN TRUMP AND THE REPUBLICANS GO TOO FAR, I COULD TAKE THEM. IT’S EMPOWERING OUR DISTRICT TO HAVE A MORE INFERENTIAL VOICE. KENNEDY: IS LIKE A FLOATER ON BIG BROTHER. SPOILER.>>THE SPOILER OF THE DEMOCRATS AND REPUBLICANS. THEY ARE THELMA AND LOUISE AND HAVE DRIVEN OVER THE CLIFF. KENNEDY: ARE YOU BRAD PITT?>>I’M NOT BUT I LIKE THE TOP OF IT.>>IT IS NOT TRUE. THE BIGGEST GROUP OF PEOPLE AT THE VOTING BLOCK ARE THOSE WHO [INAUDIBLE] THE CONCEPT I’M TAKING BOTH FROM SOMEONE ELSE IS NOT ACCURATE. I’M GETTING PEOPLE WHO DO NOT CARE TO ACTUALLY VOTE. IN NEW YORK CITY 70% OF NEW YORKERS DON’T VOTE. THAT IS 7 MILLION NEW YORKERS. HIS 7 MILLION VOTED FOR MICKEY MOUSE, MYKONOS WOULD BE THE

Sean Spicer on the impact of Trump’s economy in the 2020 election


STOCK MARKET SELLING OFF BIG TIME AS A RESULT OF THAT. THE FORMER WHITE HOUSE PRESS SECRETARY SEAN SPICER ON POLITICS BEHIND THIS. GOOD TO SEE YOU. IT BRINGS UP THE QUESTION OF TIMING. ALWAYS IN PRESIDENTIAL RE-ELECTION CYCLES, YOU WONDER HOW THE ECONOMY IS DOING AT A CERTAIN POINT. WHAT IS THE MOST IMPORTANT TIME DO YOU THINK FOR US TO GAUGE HOW THE ECONOMY IS DOING AND HOW THAT MIGHT IMPACT THE PRESIDENT’S RE-ELECTION.>>I THINK NEXT JULY AND AUGUST ARE IMPORTANT. AS YOU HEAD INTO AN ELECTION, ONE OF THE THINGS I TRIED TO EXPLAIN TO PEOPLE OVER THE YEARS, THE ECONOMY IN TERMS OF WHY PEOPLE VOTE ISN’T JUST NUMBERS. YOU CAN THROW AS MANY STATISTIC AS YOU WANT. IF THEY DON’T FEEL THE ECONOMY IS GOING WELL. IF THEY DON’T FEEL LIKE THEY CAN SPEND EXTRA DOLLAR OR TWO, SAVE MONEY, GO ON THE VACATION, SPLURGE A LITTLE, DOESN’T MATTER WHAT THE STATISTICS SAY. AS YOU HEAD INTO THE ELECTION SEASON, THAT JULY-AUGUST TIME FRAME, SUMMER MONTHS ARE CRUCIAL. WHETHER OR NOT PEOPLE FEEL THE ECONOMY IS WORKING FOR THEM OR WORKING AGAINST THEM. BECAUSE THEY WILL WANT TO TAKE A VACATION, GET READY FOR THE SCHOOL SEASON BY BUYING STUFF FOR THEIR CHILDREN OR WHAT HAVE YOU. IF THEY DON’T FEEL IT ISN’T GOING WELL, IT DOESN’T MATTER WHAT STATISTICS YOU THROW AT THEM, WHAT NUMBER THE STOCK MARKET IS AT. WE HAVE PLENTY OF TIME BEFORE IT STARTS TO SINK IN. BUT OVERALL, THERE IS A DIFFERENCE, RIGHT? SO YOU HAVE GOT THE UPS AND DOWNS OF THE MARKET. WE’RE SEEING CLEARLY A DOWN DAY TODAY. THERE HAVE BEEN PLENTY OF GOOD DAYS. THE QUESTION WHERE DOES IT FALL OUT. CONNELL: RIGHT.>>THE OTHER POINT, COLIN, YOU COVERED OVER AND OVER AGAIN, HOW MANY TIMES HAVE WE SEEN QUARTERLY GDP NUMBER, EMPLOYMENT NUMBER COME UP. RIGHT BEFORE IT A LOT OF PREDICTIONS ARE REALLY EXPECTING TO SEE SLOWING ECONOMY OR JOB, WAGES ARE GOING TO SLOW. WE DEFY THE ODDS OVER AND OVER AGAIN. CONNELL: TRUE.>>MAYBE THIS IS IT. I HAVE SEEN TOO MANY TIMES LUCY WITH THE FOOTBALL, EVERYBODY PREDICTS DOOM AND GLOOM. CONNELL: I KNOW.>>IF WE HAVE A COUPLE BAD DAYS THAT IS NOT THE END OF THE WORLD. THAT IS NOT GREAT, WE’RE NOT, FROM A POLITICAL STANDPOINT WE’RE NOT AT A SITUATION WHERE IT SPELLS ULTIMATE DOOM. YOU SAW BACK IN 1992 PRESIDENT BUSH STARTED TO TALK ABOUT THE ECONOMY. CLINTON SAID THE ECONOMY, STUPID. REALITY WAS, THE ECONOMY WAS IMPROVING. IT DID TOO WELL. CONNELL: TOO LATE, RIGHT? THAT IS WHY I ASKED YOU ABOUT TIMING. CAME LATE FOR PRESIDENT BUSH.>>THAT’S RIGHT. SO AS LONG AS PEOPLE ARE FEELING IT, THAT IS GOING TO BE IMPORTANT. BUT THERE IS ALSO ANOTHER THING. YOUR LAST GUEST, IT WAS FUNNY. I WAS FORMER ASSISTANT TRADE REP UNDER THE BUSH ADMINISTRATION. THIS IDEA WE’LL LET IT GO TO THE WTO, THAT’S WHY PRESIDENT TRUMP WON IS BECAUSE HE WASN’T GOING TO FOLLOW THE COOKIE CUTTER TRADITIONAL PATH THAT EVERY OTHER POLITICIAN SAID. LET’S BRING IT TO THE DISPUTE RESOLUTION BODY. CONNELL: SEAN, JUST ON TRADE IN PARTICULAR. THERE IS STILL CONSEQUENCES TO IT, RIGHT?>>YES. SURE. CONNELL: PRESIDENT COMES OUT, WHEN HE SAID FOREVER, WELL, CHINA IS PAYING TARIFFS. THEY’RE NOT REALLY PAYING TARIFFS. U.S. IMPORTERS PAY TARIFFS. MAYBE THEY DO PASS THOSE ALONG. IT’S A QUESTION WHETHER YOU’RE HONEST WITH THE AMERICAN PEOPLE AND SAY YOU KNOW WHAT? THIS COULD BE TOUGH FOR A WHILE. IT IS WORTH IT IN THE END. WE’RE NOT NECESSARILY GETTING THAT ARGUMENT ALL THE TIME OUT OF THE WHITE HOUSE, ARE WE?>>NO. I THINK IT WOULD BE BETTER TO SAY FOR YEARS POLITICIANS TOLD YOU EITHER. A, THIS IS THE COST OF DOING BUSINESS, RIGHT? SO THAT CERTAIN JOBS AND INDUSTRIES ARE NOT GOING TO DO WELL. YOU NEED TO ACCEPT THAT AS REALITY. THIS IS AS MUCH AS WE CAN DO NOW THAT CHINA IS PART OF THE WTO WE NEED TO CALL ON THEM TO BE A RESPONSIBLE STAKEHOLDER WITH THE TERM AT THAT WAS USED ALL THE TIME. OR, YOU HAVE TRUMP THAT SAYS YOU KNOW WHAT? I DON’T REALLY CARE ANYMORE. YOU WILL NOT GET EXCUSES, SOMEBODY STANDS UP, USES ALL TOOLS IN THE TOOL BOX, 301, 302S. I WILL FIGHT FOR YOU. CONNELL: ECONOMIC CONSEQUENCES OF THAT?>>RIGHT. BUT I THINK — CONNELL: THEY COULD BE TOUGH?>>I THINK THAT IT WOULD BE SMART, BECAUSE IT WILL BE TOUGH. CONNELL: RIGHT YOU SEE IT NOW.>>CHINA IS A POWERHOUSE. THE THING IS, THAT THEY CAN WITHSTAND A LOT BECAUSE IN A DICTATORSHIP, THEY CAN, THEY DON’T HAVE TO WORRY ABOUT THE DAY-TO-DAY POLLING THAT A DEMOCRACY MIGHT HAVE TO DEAL WITH IN TERMS OF POLITICIANS. CONNELL: YES.>>THAT BEING SAID, EVERYBODY THOSE THAT CHINA IS UNIQUELY DEPENDENT ON OUR ECONOMY AS AN EXPORT MARKET. THEY NEED THINGS LIKE SOYBEANS BIG TIME TO MAKE THEIR ECONOMY MOVE. SO WE DO HAVE CERTAIN MECHANISMS AND LEVERS WE CAN PULL. I AGREE WITH YOU, IF THE PRESIDENT WENT OUT THERE, GUYS FOR THE FIRST TIME IN EITHER PARTY’S HISTORY STAND UP TO CHINA THE WAY NO ONE HAS DONE BEFORE. CONNELL: GOT TO RUN, SEAN.>>I THINK THAT WOULD BE MUCH MORE STRONG. CONNELL: THAT WOULD ABETTOR ARGUMENT.

Rudy Giuliani is putting together a ‘counter-report’ to discredit Mueller


BUILDING A REPORT TO COUNTER AND QUESTION THE LEGITIMACY OF ROBERT MUELLER’S RUSSIA PROBE. INCLUDING WHETHER, QUOTE, THE INITIATION OF THE MUELLER PROBE WAS LEGITIMATE OR NOT. LET’S BRING IN HARVARD LAW PROFESSOR, AND HE IS THE AUTHOR OF THE BLOCKBUSTER BOOK “THE CASE AGAINST IMPEACHING TRUMP,” ALAN DERSHOWITZ. WHAT’S GOING ON?>>WELL, I THINK IT’S EXACTLY SYSTEM. THE MUELLER PROBE HAS ONLY HEARD ONE SIDE OF THE STORY. REMEMBER, GRAND JURIES DON’T SIDE OF THE STORY. AND IN AN ADVERSARIAL SYSTEM, BOTH SIDES OF THE STORY HAVE TO BE HEARD. SO I THINK IT’S A GOOD THING FOR AMERICA, IT’S A GOOD THING FOR JUSTICE, IT’S A GOOD THING FOR TRUTH FOR THE TRUMP TEAM TO BE BEARING THEIR SIDE OF THE STORY — BARING THEIR SIDE OF THE STORY, AND THEN THE COUNTRY REPORT IS IT’S ILLEGAL FOR MUELLER TO DISCLOSE GRAND JURY TESTIMONY. AND SO HE’S GOING TO HAVE TO WRITE A REPORT EITHER WITHOUT DISCLOSING WHAT HE HEARD IN THE GRAND JURY OR HIS PROSECUTORS HEARD IN THE GRAND JURY, OR HE’S GOING TO HAVE TO GET SPECIAL PERMISSION FROM THE COURT TO DISCLOSE THIS MATERIAL. AND THE REASON WE DON’T PERMIT DISCLOSURE OF GRAND JURY MATERIAL IS BECAUSE IT’S ALWAYS ONE-SIDED. AND SO IT WOULD BE UNFAIR TO RELY ON WHAT WENT ON IN A GRAND JURY AS THE WHOLE TRUTH. BE — AND YOU KNOW IT’S COMING — IS THAT THE WHITE HOUSE IS TRYING TO UNDERMINE THE INSTITUTIONS OF THE U.S. DEMOCRACY. THE INSTITUTIONS OF DEMOCRACY REQUIRE AN ADVERSARIAL SYSTEM. YOU CAN’T HAVE DEM CROSS WHEN YOU — DEMOCRACY WHEN YOU PRESENT JUST ONE SIDE. ELIZABETH: YOU THINK THE SPECIAL COUNSEL –>>EVEN IF I — ELIZABETH: YEAH, GO AHEAD. I DIDN’T APPROVE OF IT FOR CLINTON, I DON’T APPROVE OF IT NOW. EVEN IF THIS WAS AN ORDINARY LEGITIMACY OR TO CHALLENGE THE COVERAGE OF HOW WELL IT WAS DONE OR TO CHALLENGE THE TRUTH OF WHAT’S IN THE REPORT. THAT’S THE ESSENCE OF DEMOCRACY. IT WOULD BE EXACTLY THE OPPOSITE OF DEMOCRACY IF THE PEOPLE JUST TELEVISION NOW PEOPLE ARE CALLING TRUMP AN UNINDICTED A, THERE’S BEEN NO INDICTMENT THAT EVEN MENTIONS OR REFERS TO TRUMP. IT WAS AN INFORMATION, NOT AN INDICTMENT AGAINST COHEN. AND SECOND, WHAT COHEN HAS SAID HEARSAY. SO, YOU KNOW, WE HEAR ONE SIDE ALL THE TIME FROM MUELLER, AND NOW IT’S TIME TO HEAR THE OTHER SIDE. MAYBE MUELLER WILL BE MORE PERSUASIVE. IT’S A CLASH OF ADVERSARIES, THAT’S THE WAY THE SYSTEM SHOULD WORK. ELIZABETH: DO YOU THINK THE MUELLER PROBE IS ILLEGITIMATE?>>NO, I DON’T THINK IT’S THINK IT’S UNLAWFUL. THERE ARE SOME VERY, VERY RESPECTABLE SCHOLARS WHO BELIEVE THAT, BUT ON BALANCE I THINK IT’S LAWFUL. I JUST THINK IT’S ILL-ADVISED, AND I THINK THAT EVERYTHING THAT’S BEEN INVESTIGATED COULD INSPECTOR GENERAL, THROUGH EXISTING INSTITUTIONS. YOU DON’T NEED SPECIAL COUNSEL. ELIZABETH: YOU KNOW, GIULIANI’S REPORT COULD BE 100 PAGES PLUS. TAKE A LOOK AND SEE ON THAT. LET’S GET TO THIS STORY, REPUBLICANS NOW CRITICIZING PRESIDENT TRUMP’S COMMENTS AT A RALLY LAST NIGHT IN INDIANA LET’S TAKE A LOOK.>>BUT OUR JUSTICE DEPARTMENT AND OUR FBI HAVE TO START DOING THEIR JOB AND DOING IT RIGHT AND DOING IT NOW. [CHEERS AND APPLAUSE] BECAUSE PEOPLE ARE ANGRY. TO STAY OUT, BUT AT SOME POINT IF IT DOESN’T STRAIGHTEN OUT PROPERLY, I WILL GET INVOLVED, AND I’LL GET IN THERE IF I HAVE TO. YOU CAN HAVE THE BIGGEST STORY ABOUT HILLARY CLINTON, I MEAN, LOOK AT WHAT SHE’S GETTING AWAY IT. LET’S SEE. ELIZABETH: ALAN, REPUBLICANS ARE CRITICIZING THESE COMMENTS SAYING IF HILLARY OR OBAMA MADE THOSE SAME COMMENTS, THEY’D BE BLASTED FOR IT. YOUR TAKE ON THAT.>>WELL, I DON’T LIKE THE PRESIDENT SEEKING TO CRIMINALIZE THE CONDUCT OF HILLARY CLINTON. YOU KNOW, IF HILLARY CLINTON HAD BEEN ELECTED PRESIDENT AND THEY WERE TRYING TO IMPEACH OR INVESTIGATE HER, I’D HAVE WRITTEN THE SAME BOOK CALLED THE CASE AGAINST IMPEACHING CLINTON. I THINK IT’S A MISTAKE TACTICALLY, LEGALLY, MAKING CRIMES OUT OF POLITICAL DIFFERENCES. SO I’M VERY MUCH AGAINST EFFORTS TO TRY TO CRIMINALIZE THE CONDUCT OF HILLARY CLINTON — ELIZABETH: WELL, IT’S NOT POLITICAL DIFFERENCES, IT’S ABOUT THE E-MAILS, RIGHT? SO THAT’S WHAT THE PRESIDENT, I THINK, IS REFERRING TO, THE CLINTON FOUNDATION.>>OF COURSE. AND THE PEOPLE ON THE OTHER SIDE SAY IT’S ABOUT THINGS THAT TRUMP MAY HAVE DONE. EACH SIDE IS TRYING TO WEAPONIZE OPPONENTS — ELIZABETH: THAT’S THE POINT, YES.>>I WANT DISARM. I WANT TO SEE NO CRIMINALIZATION EXCEPT IF THE EVIDENCE IS OVERWHELMING THAT A CRIME OCCURRED. HILLARY CLINTON WAS CLEARED BY THE JUSTICE DEPARTMENT. HER CLEARING MAY HAVE COST HER THE ELECTION, BUT SHE WAS CLEARED, AND I WOULD NOT REOPEN

Carlos Ghosn case raising concerns over the Japanese legal system


ALL HE WANTS IS A FAIR TRIAL. DAGEN: WHERE IS THE GLOBAL OUTRAGE ABOUT THIS, ABOUT ANY CEO, WHETHER IT’S ONE IN THE UNITED STATES OR IN ANY OTHER NATION THAT DOES BUSINESS IN JAPAN BEING OUTRAGED. THE BACKS OF THEIR HEADS SHOULD BE BLOWING OFF IN RAGE, QUITE FRANKLY. WHAT DOES THIS SAY ABOUT THE ABUSE OF PEOPLE, OF THE NON-JAPANESE, AND I POINTED OUT, THIS IS A CULTURAL PROBLEM, NOT JUST THE JUDICIARY SYSTEM. CARLOS GONE AND CARLOS GHOE AND CARLOS GHOSNAND CARLOS GHOSN AD CARLOS GHOSN AND HIS FAMILY ARE TARGETS BECAUSE THEY’RE NON-JAPANESE. HOW IS IT POSSIBLE IN A DEVELOPED NATION THAT YOU HAVE A PROSECUTOR WHO FOLLOWS THE WIFE OF SOMEONE UNDER ARREST INTO A BATHROOM, DOES A BODY SEARCH OF THAT INDIVIDUAL AND STANDS IN THE BATHROOM WHEN THE WIFE SHOWERS. THIS IS ALMOST BEYOND COMPREHENSION. MARIA: IT’S BAR BAR MARIA: IT’S BARBBAR MARIA: IT’S BARB AR MARIA: IT’S BARB A ARIC. INSIDERS TOLD ME THERE’S A FIGHT GOING ON BETWEEN THE PRIME MINISTER’S OFFICE AND THE PROS CUE’S PRE’S PROSS PROSECUTOR’S OFFICE. THE PRIME MINISTER’S OFFICE IS SAYING WHY WOULD WE RE-ARREST HIM. THE PROSECUTOR’S OFFICE SAYS THIS IS MY SITUATION, I WANT CARLOS GHOSN TO ADMIT THIS AND THEY WENT FORWARD. THERE IS BACK AND FORTH BETWEEN THE PRIME MINISTER’S OFFICE AND THE PROSECUTOR’S OFFICE. THEY HAVE DIFFERENT TAKES ON HOW TO PROCEED. I THINK IT’S BECAUSE OF WHAT YOU MENTIONED, THE GLOBAL REACTION TO THIS. WHERE ARE THE GLOBAL INVESTORS, WHERE ARE THE GLOBAL CEOS TO SAY THIS IS WRONG, STOP THIS TREATMENT OF CARLOS GHOSN, PARTICULARLY SINCE OVER THE YEARS HE’S BEEN HAILED AS A SUPERMAN FOR RESCUING NISSAN. HE WAS A COMIC BOOK CHARACTER. THEY’VE WRITTEN BOOKS ABOUT HIM AND STORIES ABOUT HIM, ABOUT WHAT A STRONG LEADERSHIP POSITION HE HAS TAKEN IN THE COMPANY.>>WE’LL SEE. I MEAN, EVENTUALLY THIS WILL GET TRIED. THERE WILL BE PUBLIC DISCLOSURE, A LOT OF WHICH THERE HASN’T BEEN TO THIS POINT. WE’LL SEE IF THEY CAN MAKE A CASE. BUT I THINK IN THE MEANTIME, TO KIND OF REASSURE PEOPLE, ESPECIALLY PEOPLE LOOKING TO DO BUSINESS IN JAPAN, PROSECUTORS MIGHT START BY EXPLAINING WHAT THEY’RE DOING. I THINK TO SOMEONE LOOKING AT IT FROM AFAR, YOU DON’T UNDERSTAND THE POSSIBLE REASON FOR THIS SHOWER EPISODE. I MEAN, WHAT IS THE JUST AT JUSTIFICATION AND WHAT IS THE REASON, WHAT IS THE THEORY THAT REQUIRES THIS KIND OF INTRUSION INTO, AGAIN, A RELATIVE OF THE ACCUSED, NOT THE ACCUSED. DAGEN: I’M GUESSING. I’M GUESSING. THEY’RE TRYING TO PUT MORE PRESSURE ON HIM TO CUT A DEAL, 99% CONVICTION RATE. NUMBER ONE. NUMBER TWO, THEY’RE TRYING TO MAKE SURE THAT HIS STORY DOESN’T GET OUT TO THE WORLD MEDIA. MARIA: THAT’S RIGHT. DAGEN: THEY’RE TAKING PHONES AWAY. THEY’RE PUTTING — THEY’RE INTIMIDATING HIS WIFE. THEY’RE TRYING TO MAKE SURE THAT THE REST OF THE WORLD DOESN’T FIND OUT WHAT IS GOING ON WITHIN THE JAPANESE JUDICIAL SYSTEM. MARIA: WHICH IS WHY THEY STARTED — RUMORS WERE CIRCULATING THAT HE WOULD BE RE-ARRESTED YESTERDAY BEFORE THEY SHOWED UP AT THE HOUSE BECAUSE HE WAS TALKING ABOUT GIVING A PRESS CONFERENCE ON APRIL 11th. I’M SURE BECAUSE I WAS COMMUNICATING WITH THEM THROUGH THE WIFE’S PHONE, THEY PROBABLY HAD HER PHONE TAPPED. IT’S TOO COINCIDENTAL THEY SHOW UP RIGHT BEFORE WE WERE TO GO ON HOUR. DAGEN: WHY WAS HE RE-ARRESTED AT THAT MOMENT. THAT’S THE WHY NOW. MARIA: WE WANT ANSWERS FROM THE PROSECUTOR’S OFFICE AND WE WANT TO UNDERSTAND WHY A FEMALE PROSECUTOR HAD TO STAY IN THE SHOWER WHEN CAROL GHOSN WAS TAKING A SHOWER AND BE IN THE BATHROOM WHEN SHE WAS IN THE

California Democrats call for boycott of In-N-Out Burger


CALLING FOR BOYCOTT OF A POPULAR BURGER CHAIN, IN-N-OUT BURGER. WHY? THE HEAD OF CALIFORNIA DEMOCRATS, ET, TU, IN INN OUT 25,000 DOLL NATED TO THE REPUBLICAN PARTY. TIME TO BOYCOTT IN-N-OUT. LATE THEM BOYCOTT THESE CREEPS. PERHAPS ANIMAL STYLE. IN-N-OUT BURGER DONATED MORE MONEY TO DEMOCRAT CAUSES. WE HAVE MARC LOTTER, AND FOX NEWS CONTRIBUTOR DOUG SCHOEN. THANK YOU BOTH FOR BEING HERE. MARC, LET ME BEGIN WITH YOU. IS THIS A MICROCOSM, WHAT THE DEMOCRATIC PARTY HAS BECOME, MIND FURY AND HATRED EVEN IF THE TARGET IS VERY SUCCESSFUL BUSINESS?>>THEY PROTEST CHIK-FIL-A ALL THE TIME, WHO HAS A LONG-TIME CONSERVATIVE CHRISTIAN OWNERSHIP. IT IS REALLY JUST THE LATEST EXAMPLE OF IT, WHAT THEY’RE GOING TO END UP DOING IS HURTING THEMSELVES IN THE LONG RUN, COMPANIES, IF YOU MAKE IT UNPALATABLE, REPUBLICANS START BOYCOTTING IN RETURN, YOU’RE GOING TO MAKE IT MORE DIFFICULT FOR YOUR PARTY AS A WHOLE. ASHLEY: DOUG, AT BEST THIS IS PETTY BUT IN MY OPINION MAKES THE DEMOCRATIC PARTYCALIFORNIA LOOK STUPID. THEY ARE TRYING TO BACKPEDAL. IN IN THE OUT BURGER, THEIR EMPLOYEES START AT $13 AN HOUR. THAT IS CALIFORNIA’S $11 AND HOUR MINIMUM WAGE. BAD MISTAKE?>>FIRST OF ALL, THEY’RE PRETTY DARN GOOD HAMBURGERS. ASHLEY: THEY ARE, YES, SIR.>>THEY’RE SPITING THEMSELVES DOING IT. IT IS BAD FOR THE COUNTRY WE’RE POLITICIZING FAST-FOOD OR BURGERS OR CHICKEN OR INTERNET SEARCHES. GOODNESS GRACIOUS. THAT MAKES NO SENSE, ASHLEY. KEEP FOOD OUT OF POLITICS. ABOUT ISSUES, NOT WHETHER YOU WAN A CHEESEBURGER OR HAMBURGER. ASHLEY: I COULDN’T AGREE MORE, DOUG, ALL THAT WILL FALL ON DEAF EARS THIS, IS THE WORLD WE LIVE ON ESPECIALLY ON DEMOCRAT SIDE. EVERYTHING TO DO WITH TRUMP, REPUBLICAN PARTY, YOU’RE DOESN’T MATTER ABOUT THE FACTS. THEY WILL JUMP ON YOU IMMEDIATELY. I DON’T KNOW WHETHER THIS ASK WINNING STRATEGY.>>IT ISN’T. YOU KNOW ME WELL ENOUGH, ASHLEY, I AM A CENTRIST, MODERATE DEMOCRAT. I ISSUE THE DEMOCRATIC SOCIALIST FAR LEFT REDISTRIBUTION POLICIES AND I THINK IT IS BAD FOR THE DEMOCRATS, I AGREE, BECAUSE MOST PEOPLE ARE IN THE CENTER. THEY WANT CONCILIATION. WHILE THEY MAY DISAGREE ABOUT POLITICS, I DON’T THINK ANYONE REALLY WANTS TO BE THIS, AS YOU SAY, PETTY. ASHLEY: MARC, LET ME BRING YOU BACK IN. THIS DOES SEEM TO BE THE APPROACH THAT THE DEMOCRAT PARTY I FEEL LIKE IS IN A BIT OF TURMOIL RIGHT NOW BECAUSE YOU HAVE CENTRISTS LIKE DOUG, WAIT A MINUTE, THIS ISN’T MY PARTY. THEN YOU HAVE PEOPLE ON THE FAR LEFT, AND THEY SEEM TO BE DRAGGING MORE AND MORE PEOPLE TO THE FAR LEFT. THIS IS JUST ANOTHER EXAMPLE. I DON’T KNOW WHETHER THAT IS A WINNING STRATEGY. SAME QUESTION I ASKED, DOUG, DO YOU?>>I DON’T AND I ACTUALLY USE YOU HAVE A FAR-LEFT CANDIDATE YOU KNOW ALONG THE I-4 CORRIDOR POLITICS. WE SHOULDN’T BE PROTESTING A STARBUCKS BECAUSE THEY ARE BIG DEMOCRAT DONORS. LET’S JUST DISCUSS THAT IT IS TOO EARLY IN THE SEASON FOR PUMPKIN SPICE LATTES, SOMETHING WE CAN ALL AGREE ON. ASHLEY: THAT I DO AGREE ON. SO THAT IS TWO THINGS WE HAVE. IN-N-OUT BURGER TASTES GREAT. TOO EARLY FOR PUMPKIN-SPICED LATTES. DOUG, WHERE DOES THE DEMOCRAT GO BOAT? SUGGEST, NOBODY’S STEERING THE BUS. THE GREAT ADVANTAGE DEMOCRATS HAVE FRANKLY DONALD TRUMP, WHOSE APPROVAL IS DOWN TO 36% IN THE RECENT “WASHINGTON POST” ABC POLL, NEGATIVE OF 60. ASHLEY: TRUE, MARC, DOES DOG HAVE A GOOD POINT? YOU KNOW, I THINK WHAT WE’RE GOING TO CONTINUE TO SEE IS THAT THE PRESIDENT IS CONTINUING TO PROMOTE IDEA AND POLICIES HELPING MIDDLE CLASS, WORKING BLUE-COLLAR WORKERS. WE SAW THAT ON DISPLAY LAST NIGHT IN INDIANA. WE’RE SEEING IT TODAY. WE ARE SEEING WITH ACTION HE WILL SIGN HERE SHORTLY. WE’RE GOING TO SEE WHETHER THE AMERICAN PEOPLE WANT TO KEEP THAT GOING. THAT IS REALLY WHERE THIS ARGUMENT IS GOING TO BE. SEE WHICH POLICY WINS OUT IN NOVEMBER AND 2020, AND BEYOND. ASHLEY: ONLY GOOD NEWS OUT OF THIS WHOLE THING, LESS OF A LINE AT IN-N-OUT BURGER.

Wall Street CEOs pull out of China trade meeting over disputes: Gasparino


THEY HAVE RESERVATIONS. I DON’T KNOW. THAT VOICE YOU HEAR IS MY GOOD FRIEND, CHARLIE GASPARINO.>>I DIDN’T KNOW HE WAS GOING OVER THERE. NEIL: WELL, HE IS NOT.>>I GREW UP WITH A LOT OF IRISH GUYS. BY THE WAY THEY LOVE TRUMP SO YOU KNOW.>>RIGHT. BOEING IS BRAGGING ABOUT ALL THESE CHINA PLANE PURCHASES THE SO WEIRD VIBES.>>WHAT IS GOING ON HERE, THE CHINESE ARE REACHING OUT TO CORPORATE AMERICA, ESSENTIALLY LOBBY ABOUT THE TRUMP ADMINISTRATION ON, AGAINST HIS CHINA TRADE POLICIES. IT IS INTERESTING THAT, HE SET UP A MEETING FOR SEPTEMBER, EXCUSE ME, THE CHINESE GOVERNMENT SET UP A MEETING WITH WALL STREET FIRMS FOR SEPTEMBER 16th, WHICH WAS ANOMALY, AT LEAST, YOU KNOW — NEIL: AT THE TIME OF THE U.N. CONFAB AND ALL THAT?>>I BELIEVE SO. RELATIONS. BUT REALLY TO, WALL STREET FIRMS KNOW THIS, REALLY TO ENLIST THE INTO A TRADE WAR WITH CHINA SINCE ALL THESE FIRMS HAVE SO MUCH BUSINESS THERE. HERE IS WHAT WE KNOW ABOUT THE MEETING. THE FIRMS THEMSELVES ARE NOT TOO CRAZY ABOUT THIS IDEA. WE DO KNOW AT LEAST TWO MAJOR WALL STREET EXECUTIVES ARE PULLING OUT OF THE MEETING. THEY WILL SEND NUMBER TWOS. WE DO KNOW, STEVE SCHWARZMAN THE CEO OF BLACKSTONE, THE BIG PRIVATE EQUITY FIRM IS NOT GOING>>I WILL GET TO THAT IN A SECOND. JAMIE DIMON, CEO OF JPMORGAN WON’T ATTEND. BOTH CITING SCHEDULING CONFLICTS. FROM WHAT I AM HEARING INSIDE THE COMPANY, LISTEN, THEY DON’T HAS A PROBLEM WITH TRADE HE CAN CALL UP TRUMP HIMSELF. HE KNOWS THIS STUFF. HE DOESN’T NEED TO BE PART OF A DOG-AND-PONY SHOW. JPMORGAN, BLACKSTONE AND OTHER MAJOR BANKS FROM WHAT I UNDERSTAND ARE GOING TO SEND THAT WOULD BE A PRETTY BIG STATEMENT IN DIMON AND SCHWARTZMAN WENT TO THIS MEETING. NEIL: ALL OF THESE MEN AND WOMEN EXPRESSED CONCERN THAT THIS IN THE MIDDLE OF IT.>>THINK ABOUT IT, WALL STREET CEO LOBBYING TRUMP ON BEHALF OF THE CHINESE GOVERNMENT? THEY HAVE LOTS OF BUSINESS OVER THERE. BLACKSTONES THAT PLENTY OF BUSINESS IN CHINA. SO DOES JP AND ALL THESE FIRMS, THEY DO WELL BY HAVING U.S. COMPANIES HAVING ACCESS. HIS NUMBER TWO. THEY WILL SEND NUMBER TWO, THEY FEEL THEY HAVE COVER TO SEND A NUMBER TWO?>>I THINK THEY JUST, THEY DON’T WANT TO BE PART OF OVERT LOBBYING EFFORT. NEIL: HOW REAL DO YOU THINK THIS IS?>>CHINA IS THE BIG TRADE. WEEKS. CHINA IS THE BIG WORRY.>>HERE IS WHAT CEO’S TELL YOU. CHINA IS A BAD ACTOR. GIVE PETER NAVARRO ONE THING HE RAISED CONSCIOUSNESS, AND DONALD TRUMP, ALL THE BAD STUFF CHINA DOES ON TRADE, STEALING INTELLECTUAL MARKET, NO DOUBT. THEY HAVE A HUGE MARKET AND BOOMING ECONOMY EVEN AS THEY ECONOMY. THEY WANT SO MUCH ACCESS TO THE ECONOMY THEY WERE WILLING TO GIVE UP INTELLECTUAL TRADE SECRETS TO GET ACCESS TO IT. THERE IS WHERE THE CONFLICT IS. THEY ALL WANT TO DO BUSINESS THERE. IT IS GOOD FOR THESE COMPANIES TO DO BUSINESS THERE. THE U.S. SELLS A LOT OF STUFF TO CHINA WE POINT OUT. WE BUY A LOT OF STUFF BUT WE SELL A LOT OF STUFF. THE TRUMP ADMINISTRATION MAKES A VERY GOOD CASE ABOUT THEM BEING BAD ACTORS ON INTERNATIONAL TRADE AND NOW WE’RE HAVING A CONFLICT. I THINK OF ALL TRUMP’S TRADE LISTEN, CHINA IS A VERY BAD ACTOR. THEY VIOLATE HUMAN RIGHTS. THE JOURNAL, “NEW YORK TIMES” TOTALITARIAN REGIME THAT WE HAVE TO BE VERY LEERY DEALING WITH. THEY WANT TO STEAL OUR LUNCH, THERE IS NO DOUBT ABOUT THAT. TRUMP, GIVE HIM CREDIT AND NAVARRO CALLING THIS TO THE ATTENTION BUT THERE IS A BUSINESS SIDE OF THE STORY. WE SELL A LOT OF STU THERE. NOW WE GET CONFLICT. IT IS INTERESTING THAT THE CHINESE DO AN END ROUND AROUND TRUMP AND PETER NAVARRO, LIGHTHIZER, TRADE PEOPLE, GO RIGHT TO THE WALL STREET CEOs. THE TWO BIGGEST CEOs, WE SHOULD POINT OUT JAMIE DIMON RUNS THE LARGEST U.S. BANK BY ASSETS. I BELIEVE BLACKSTONE, HAVE TO CHECK ME, IS BIGGEST PRIVATE EQUITY FIRM, CERTAINLY AT THE TOP. WHEN BIG GUYS LIKE THAT DON’T GO THAT’S SAYING SOMETHING. THEY WILL CITE SCHEDULING CONFLICTS. FROM WHAT I UNDERSTAND INSIDE THESE COMPANIES THEY JUST DON’T WANT TO BE PART OF AN OVERT NEIL: EVERY TIME I HEAR SCHEDULING CONFLICTS IT IS A NEIL: YOU DON’T LIKE THE IRISH.>>YES, WHY WOULD TRUMP DO THAT? NEIL: I DON’T UNDERSTAND. OH, WE DON’T KNOW WHAT HAPPENED. CALENDAR FILLED UP. WE DID THIS WITH THE CANADIANS WITH THE TRADE THING. BY THE WAY LOOKS LIKE THEY’RE BACK AT TALKS.>>WITH CANADA? NEIL: HOW DO YOU THINK THAT WILL BOB WOODWARD’S BOOK THE GUY TRADE AGREEMENT. THEY’RE SMART ENOUGH TO KNOW THAT WOULD DAMAGE THE ECONOMY. THEY WILL, MY GUESS, WHEN SAID POUNDING AND DONALD WILL SAY, I GOT THE GREATEST TRADE DEAL, BIGGEST EVER, IN 100 YEARS. IT WILL BE GOOD STUFF BUT VERY MARGINAL. BOTH SIDES CLAIM VICTORY. WE’LL MOVE ON. THE CHINA THING IS DIFFERENT. WHAT — NEIL: TRASH YOU FOR BEING A NEGATIVE TRUMP PER, THEY WILL NOT HEAR THE REMARK YOU JUST MADE. THEY WILL HEAR THE FACT YOU’RE FAIR, BALANCED JOURNALIST. NEIL: SOMETIMES PROBABLY JUST AS>>THE GREATEST TRADE DEAL IN A BAZILLION, KAJILLION YEARS. IS MY TRUMP IMPERSONATION — NEIL: IT’S A LITTLE JAMES CAGNEYISH.>>BUT GETTING BETTER, RIGHT? DONALD GAVE ME PROPS FOR MAKING