NYT: FBI Worried Donald Trump Was In Russian Employ After James Comey Firing | Rachel Maddow | MSNBC


FOR JOINING US. THE RACHEL MADDOW STARTS WITH THE RACHEL MADDOW STARTS WITH JOY REEDID IN FOR RACHEL. JOY REEDID IN FOR RACHEL.>>RACHEL HAS THE NIGHT OFF.>>RACHEL HAS THE NIGHT OFF. SHE’LL BE BACK ON MONDAY. SHE’LL BE BACK ON MONDAY. WE’LL BEGIN TONIGHT WITH THE WE’LL BEGIN TONIGHT WITH THE BREAKING NEWS FROM “THE NEW YORK BREAKING NEWS FROM “THE NEW YORK TIMES.” TIMES.” HERE IS THE HEADLINE AGAIN, FBI HERE IS THE HEADLINE AGAIN, FBI OPENED INQUIRY INTO WHETHER OPENED INQUIRY INTO WHETHER TRUMP WAS SECRETORY WORKING ON TRUMP WAS SECRETORY WORKING ON BEHALF OF RUSSIA. BEHALF OF RUSSIA. QUOTE, IN THE DAYS AFTER QUOTE, IN THE DAYS AFTER PRESIDENT TRUMP FIRED JAMES B. PRESIDENT TRUMP FIRED JAMES B. COMEY COMEY COMEY, LAW ENFORCEMENT OFFICIALS COMEY, LAW ENFORCEMENT OFFICIALS BECAME SO CONCERNED BY THE BECAME SO CONCERNED BY THE PRESIDENT’S BEHAVIOR, THEY BEGAN PRESIDENT’S BEHAVIOR, THEY BEGAN INVESTIGATING WHETHER HE HAD INVESTIGATING WHETHER HE HAD BEEN WORKING ON BEHALF OF RUSSIA BEEN WORKING ON BEHALF OF RUSSIA AGAINST AMERICAN INTEREST. AGAINST AMERICAN INTEREST. THAT’S ACCORDING TO FORMER THAT’S ACCORDING TO FORMER OFFICIALS. OFFICIALS. THE STORY. THE STORY.>>>CO-S– CONTINUES.>>>CO-S– CONTINUES. COUNTER INTELLIGENCE INCEST GUY COUNTER INTELLIGENCE INCEST GUY INVESTIGATIONORS HAD TO CONSIDER INVESTIGATIONORS HAD TO CONSIDER WHETHER THE PRESIDENT’S OWN WHETHER THE PRESIDENT’S OWN ACTIONS CONSTITUTED A POSSIBLE ACTIONS CONSTITUTED A POSSIBLE THREAT TO NATIONAL SECURITY. THREAT TO NATIONAL SECURITY. AGENTS SOUGHT TO DETERMINE AGENTS SOUGHT TO DETERMINE WHETHER MR. TRUMP WAS KNOWINGLY WHETHER MR. TRUMP WAS KNOWINGLY WORKING FOR RUSSIA OR FALLEN WORKING FOR RUSSIA OR FALLEN UNDER MOSCOW’S AGENTS. UNDER MOSCOW’S AGENTS. FBI OFFICIALS BECAME SUSPICIOUS FBI OFFICIALS BECAME SUSPICIOUS WITH TIES TO RUSSIA DURING THE WITH TIES TO RUSSIA DURING THE 2016 CAMPAIGN BUT HELD OFF ANON 2016 CAMPAIGN BUT HELD OFF ANON OPENING AN INVESTIGATION BECAUSE OPENING AN INVESTIGATION BECAUSE THEY WERE UNCERTAIN HOW TO THEY WERE UNCERTAIN HOW TO PROCEED WITH SUCH SENSITIVITY PROCEED WITH SUCH SENSITIVITY AND MAGNITUDE. AND MAGNITUDE. THE PRESIDENT’S ACTIVITIES THE PRESIDENT’S ACTIVITIES BEFORE AND AFTER MR. COMEY’S BEFORE AND AFTER MR. COMEY’S FIRING IN MAY OF 2017, FIRING IN MAY OF 2017, PARTICULARLY TWO INSTANCES IN PARTICULARLY TWO INSTANCES IN WHICH MR. TRUMP TIED THE COMEY WHICH MR. TRUMP TIED THE COMEY DISMISSAL TO THE RUSSIA DISMISSAL TO THE RUSSIA INVESTIGATION. INVESTIGATION. HELPED PROMPT THE COUNTER HELPED PROMPT THE COUNTER INTELLIGENCE AS SPEBLGTPECT OF T INTELLIGENCE AS SPEBLGTPECT OF T INQUIRY. INQUIRY. ONE OF THESE INSTANCES WAS A ONE OF THESE INSTANCES WAS A LETTER WRITTEN BY TRUMP WITH THE LETTER WRITTEN BY TRUMP WITH THE HELP OF STEVEN MILLER IN THE HELP OF STEVEN MILLER IN THE DAYS BEFORE HE FIRED COMEY DAYS BEFORE HE FIRED COMEY OUTLINING HIS REASONS FOR DOING OUTLINING HIS REASONS FOR DOING SO. SO. THE EXISTENCE OF THAT LETTER WAS THE EXISTENCE OF THAT LETTER WAS PREVIOUSLY REPORTED BY “THE PREVIOUSLY REPORTED BY “THE TIMES” WHICH NOTED THEN WHITE TIMES” WHICH NOTED THEN WHITE HOUSE COUNSEL DON McGAHN HOUSE COUNSEL DON McGAHN INTERVENED AND STOPPED IT FROM INTERVENED AND STOPPED IT FROM BEING SENT. BEING SENT. THE SECOND INSTANCE WAS THIS THE SECOND INSTANCE WAS THIS INTERVIEW THAT THE PRESIDENT DID INTERVIEW THAT THE PRESIDENT DID WITH LESTER HOLT TWO DAYS AFTER WITH LESTER HOLT TWO DAYS AFTER HE FIRED COMEY IN WHICH HE DIS HE FIRED COMEY IN WHICH HE DIS DISCUSSED HIS REASONING FOR DISCUSSED HIS REASONING FOR DOING SO. DOING SO.>>THERE IS NO GOOD TIME TO DO>>THERE IS NO GOOD TIME TO DO IT, BY THE WAY. IT, BY THE WAY.>>BECAUSE IN YOUR LETTER, YOU>>BECAUSE IN YOUR LETTER, YOU SAID I ACCEPTED THEIR SAID I ACCEPTED THEIR RECOMMENDATION, SO YOU HAD RECOMMENDATION, SO YOU HAD ALREADY MADE THE DECISION. ALREADY MADE THE DECISION.>>I WAS GOING TO FIRE>>I WAS GOING TO FIRE REGARDLESS OF RECOMMENDATION. REGARDLESS OF RECOMMENDATION. HE MADE A RECOMMENDATION, HE’S HE MADE A RECOMMENDATION, HE’S HIGHLY RESPECTED, VERY GOOD GIER HIGHLY RESPECTED, VERY GOOD GIER VERY SMART GUY. VERY SMART GUY. THE REPUBLICANS LIKE HIM, THE THE REPUBLICANS LIKE HIM, THE DEMOCRATS LIKE HIM. DEMOCRATS LIKE HIM. REGARDLESS OF RECOMMENDATION, I REGARDLESS OF RECOMMENDATION, I WAS GOING TO FIRE COMEY KNOWING WAS GOING TO FIRE COMEY KNOWING THERE WAS NO GOOD TIME TO DO IT THERE WAS NO GOOD TIME TO DO IT AND IN FACT, WHEN I DECIDED TO AND IN FACT, WHEN I DECIDED TO JUST DO IT, I SAID TO MYSELF, I JUST DO IT, I SAID TO MYSELF, I SAID, YOU KNOW, THIS RUSSIA SAID, YOU KNOW, THIS RUSSIA THING WITH TRUMP AND RUSSIA IS A THING WITH TRUMP AND RUSSIA IS A MADE UP STORY. MADE UP STORY.>>WHEN I DECIDED TO JUST DO IT>>WHEN I DECIDED TO JUST DO IT I SAID TO MYSELF, I SAID, YOU I SAID TO MYSELF, I SAID, YOU KNOW, THIS IS A MADE UP STORY. KNOW, THIS IS A MADE UP STORY. THIS BOMBSHELL REPORT REPORTING THIS BOMBSHELL REPORT REPORTING LAW ENFORCEMENT OFFICIALS WERE LAW ENFORCEMENT OFFICIALS WERE SO CONCERNED BY THE PRESIDENT’S SO CONCERNED BY THE PRESIDENT’S BEHAVIOR AFTER HE PYREFIRED COME BEHAVIOR AFTER HE PYREFIRED COME THEY BEGAN INVESTIGATING WHETHER THEY BEGAN INVESTIGATING WHETHER HE HAD BEEN WORKING ON BEHALF OF HE HAD BEEN WORKING ON BEHALF OF RUSSIA AGAINST AMERICAN RUSSIA AGAINST AMERICAN INTERESTS. INTERESTS. “THE TIMES” SAY THIS WAS A “THE TIMES” SAY THIS WAS A CONTROVERSIAL DECISION, THAT CONTROVERSIAL DECISION, THAT IT’S NOT CLEAR IF THE IT’S NOT CLEAR IF THE INVESTIGATION CONTINUES, BUT INVESTIGATION CONTINUES, BUT THAT SPECIAL COUNSEL ROBERT THAT SPECIAL COUNSEL ROBERT MUELLER DID IT, TOOK IT OVER MUELLER DID IT, TOOK IT OVER WHEN HE WAS APPOINTED IN MAY. WHEN HE WAS APPOINTED IN MAY. AS “THE TIMES” REPORTS, THE AS “THE TIMES” REPORTS, THE CRIMINAL AND COUNTER CRIMINAL AND COUNTER INTELLIGENCE ELEMENTS WERE INTELLIGENCE ELEMENTS WERE COUPLED TOGETHER INTO ONE COUPLED TOGETHER INTO ONE INVESTIGATION, FORMER LAW INVESTIGATION, FORMER LAW ENFORCEMENT OFFICIALS SAID IN ENFORCEMENT OFFICIALS SAID IN INTERVIEWS IN RECENT WEEKS INTERVIEWS IN RECENT WEEKS BECAUSE IF MR. TRUMP OUSTED THE BECAUSE IF MR. TRUMP OUSTED THE HEAD OF THE FBI TO IMPEDE OR HEAD OF THE FBI TO IMPEDE OR EVEN END THE RUSSIA EVEN END THE RUSSIA INVESTIGATION, THAT WAS BOTH THE INVESTIGATION, THAT WAS BOTH THE POSSIBLE CRIME AND NATIONAL POSSIBLE CRIME AND NATIONAL SECURITY CONCERN. SECURITY CONCERN. “THE TIMES” TONIGHT REPORTS “THE TIMES” TONIGHT REPORTS GETTING ACCESS TO THE TESTIMONY GETTING ACCESS TO THE TESTIMONY OF THE TOP LAWYER AT THE FBI AT OF THE TOP LAWYER AT THE FBI AT THE TIME, FBI GENERAL COUNSEL THE TIME, FBI GENERAL COUNSEL JAMES BAKER. JAMES BAKER. AND THEN FROM MR. BAKER’S HOUSE AND THEN FROM MR. BAKER’S HOUSE TESTIMONY, QUOTE, NOT ONLY WOULD TESTIMONY, QUOTE, NOT ONLY WOULD IT HAVE BEEN ISSUE OF IT HAVE BEEN ISSUE OF OBSTRUCTION, IT WOULD HURT OUR OBSTRUCTION, IT WOULD HURT OUR ABOUT TOYILITY TO FIGURE OUT WHA ABOUT TOYILITY TO FIGURE OUT WHA RUSSIANS HAD DONE AND THAT’S A RUSSIANS HAD DONE AND THAT’S A THREAT TO NATIONAL SECURITY. THREAT TO NATIONAL SECURITY. IN HIS TESTIMONY, PORTIONS WERE IN HIS TESTIMONY, PORTIONS WERE READ TO THE “NEW YORK TIMES.” READ TO THE “NEW YORK TIMES.” WHAT A STORY. WHAT A STORY. JOINING US NOW IS MICHAEL JOINING US NOW IS MICHAEL SCHMIDT. SCHMIDT. PART OF THE THREE-PERSON TEAM PART OF THE THREE-PERSON TEAM BREAKING THE STORY. BREAKING THE STORY.>>THANKS FOR HAVING ME.>>THANKS FOR HAVING ME.>>GIVE US A BACKGROUND.>>GIVE US A BACKGROUND. HOW LODGENG HAVE YOU BEEN WORKIN HOW LODGENG HAVE YOU BEEN WORKIN ON IT? ON IT?>>IN MANY WAYS FOR A YEAR AND A>>IN MANY WAYS FOR A YEAR AND A HALF BECAUSE SINCE MUELLER WAS HALF BECAUSE SINCE MUELLER WAS APPOINTED AND COMEY FIRED, WE’VE APPOINTED AND COMEY FIRED, WE’VE BEEN TRYING TO UNDERSTAND WHAT BEEN TRYING TO UNDERSTAND WHAT THE FBI AND THE JUSTICE THE FBI AND THE JUSTICE DEPARTMENT HAVE BEEN EXAMINING DEPARTMENT HAVE BEEN EXAMINING ON THE PRESIDENT. ON THE PRESIDENT. FOR MUCH OF THAT TIME, THAT FOR MUCH OF THAT TIME, THAT MEANS WE FOCUSED ON CRIMINAL MEANS WE FOCUSED ON CRIMINAL OBSTRUCTION. OBSTRUCTION. THAT SORT OF IS THE COLLECTIVE THAT SORT OF IS THE COLLECTIVE CONSEQUENCE, THE PUBLIC’S CONSEQUENCE, THE PUBLIC’S UNDERSTANDING TO THIS. UNDERSTANDING TO THIS. THERE IS A CRIMINAL OBSTRUCTION THERE IS A CRIMINAL OBSTRUCTION INVESTIGATION INTO THE PRESIDENT INVESTIGATION INTO THE PRESIDENT BUT WHAT WE’RE BRINGING FORTH BUT WHAT WE’RE BRINGING FORTH TONIGHT, WHAT WE LEARNED IS THAT TONIGHT, WHAT WE LEARNED IS THAT THERE WAS ALSO THIS COUNTER THERE WAS ALSO THIS COUNTER INTELLIGENCE ASPECT OF THAT INTELLIGENCE ASPECT OF THAT INVESTIGATION WHERE THEY WERE INVESTIGATION WHERE THEY WERE LOOKING DIRECTLY AT THE LOOKING DIRECTLY AT THE PRESIDENT’S TIES TO RUSSIA. PRESIDENT’S TIES TO RUSSIA. WHAT INITIALLY BEGAN HERE AS WHAT INITIALLY BEGAN HERE AS WHAT WE ALL THOUGHT WAS JUST AN WHAT WE ALL THOUGHT WAS JUST AN OBSTRUCTION INVESTIGATION WAS OBSTRUCTION INVESTIGATION WAS MUCH BIGGER AND HAD LARGER MUCH BIGGER AND HAD LARGER NATIONAL SECURITY ISSUES AND NATIONAL SECURITY ISSUES AND CONCERNS TO IT BECAUSE THE FOLKS CONCERNS TO IT BECAUSE THE FOLKS AT THE FBI AT THE TIME SAW THIS AT THE FBI AT THE TIME SAW THIS AS A POTENTIAL GROWTH OF AS A POTENTIAL GROWTH OF RUSSIA’S LARGER MADE ERR MEDDLIN RUSSIA’S LARGER MADE ERR MEDDLIN THE COUNTRY, THE GENERAL COUNSEL THE COUNTRY, THE GENERAL COUNSEL AT THE TIME JIM BAKER TESTIFYING AT THE TIME JIM BAKER TESTIFYING ON CAPITOL HILL, THE FIRING OF ON CAPITOL HILL, THE FIRING OF COMEY AS THE NATIONAL SECURITY COMEY AS THE NATIONAL SECURITY THREAT BECAUSE IT COULD BE A WAY THREAT BECAUSE IT COULD BE A WAY OF TRYING TO IMPEDE THE FBI’S OF TRYING TO IMPEDE THE FBI’S ABILITY TO UNDERSTAND HOW RUSSIA ABILITY TO UNDERSTAND HOW RUSSIA MEDDLED IN THE ELECTION, MEDDLED IN THE ELECTION, INTERFERED IN THE ELECTION AND INTERFERED IN THE ELECTION AND HELP GET DONALD TRUMP ELECTED. HELP GET DONALD TRUMP ELECTED.>>FOR MANY PEOPLE THAT HEAR>>FOR MANY PEOPLE THAT HEAR THIS STORY, IT’S A BOMBSHELL AND THIS STORY, IT’S A BOMBSHELL AND CONGRATULATIONS ON THE SCOOP, CONGRATULATIONS ON THE SCOOP, THE FBI SEEMED TO HAVE BEEN THE THE FBI SEEMED TO HAVE BEEN THE MORE OF THE AGENCIES MORE OF THE AGENCIES INVESTIGATING DURING THE 2016 INVESTIGATING DURING THE 2016 CAMPAIGN. CAMPAIGN. THEY VERY FAMOUSLY ESSENTIALLY THEY VERY FAMOUSLY ESSENTIALLY DOWNPLAYED THE IDEA AND DIDN’T DOWNPLAYED THE IDEA AND DIDN’T EVEN MENTION THE FACT THAT THE EVEN MENTION THE FACT THAT THE DONALD TRUMP CAMPAIGN WAS UNDER DONALD TRUMP CAMPAIGN WAS UNDER INVESTIGATION DURING THE INVESTIGATION DURING THE CAMPAIGN. CAMPAIGN. IS IT YOUR REPORTING THAT AT IS IT YOUR REPORTING THAT AT SOME POINT AFTER DONALD TRUMP SOME POINT AFTER DONALD TRUMP WAS ELECTED, THEY CAME TO SEE A WAS ELECTED, THEY CAME TO SEE A NATIONAL SECURITY THREAT INSIDE NATIONAL SECURITY THREAT INSIDE THE WHITE HOUSE THAT THEY DIDN’T THE WHITE HOUSE THAT THEY DIDN’T SEE DURING THE CAMPAIGN? SEE DURING THE CAMPAIGN?>>I’M NOT SURE IF THAT NOTION>>I’M NOT SURE IF THAT NOTION IS ACCURATE. IS ACCURATE. WHAT IS GOING ON AT THE FBI IN WHAT IS GOING ON AT THE FBI IN THE MONTHS BEFORE THE ELECTION THE MONTHS BEFORE THE ELECTION IS THEY HAD FOUR TRUMP IS THEY HAD FOUR TRUMP ASSOCIATES UNDER INVESTIGATION ASSOCIATES UNDER INVESTIGATION LOOKING AT THEM. LOOKING AT THEM. IT WAS A COUNTER INTELLIGENCE IT WAS A COUNTER INTELLIGENCE INVESTIGATION. INVESTIGATION. THEY WEREN’T SURE WHAT THE REAL THEY WEREN’T SURE WHAT THE REAL LINKS WERE BACK TO RUSSIA, WHAT LINKS WERE BACK TO RUSSIA, WHAT THE REAL THERE WAS AND THEY WERE THE REAL THERE WAS AND THEY WERE NOT GOING TO GO PUBLIC WITH THAT NOT GOING TO GO PUBLIC WITH THAT INVESTIGATION. INVESTIGATION. THE PROBLEM THE FBI RUNS INTO IS THE PROBLEM THE FBI RUNS INTO IS THAT IS SEEN WITH A BACKDROP OF THAT IS SEEN WITH A BACKDROP OF THE CLINTON E-MAIL INVESTIGATE, THE CLINTON E-MAIL INVESTIGATE, WHICH THEY HANDLED DIFFERENTLY WHICH THEY HANDLED DIFFERENTLY SO THEY GET ACCUSED OF TREATING SO THEY GET ACCUSED OF TREATING THEM DIFFERENTLY PROCEEDING WITH THEM DIFFERENTLY PROCEEDING WITH THE COUNTER INTELLIGENCE THE COUNTER INTELLIGENCE INVESTIGATION TO FIGURE OUT HOW INVESTIGATION TO FIGURE OUT HOW MUCH WAS THERE. MUCH WAS THERE. THEY KNEW THE DECISION TO OPEN THEY KNEW THE DECISION TO OPEN AN INVESTIGATION INTO A AN INVESTIGATION INTO A CANDIDATE OR INTO A PRESIDENT CANDIDATE OR INTO A PRESIDENT HIMSELF, TRUMP, WOULD HAVE BEEN HIMSELF, TRUMP, WOULD HAVE BEEN AN ENORMOUS DEAL AND THEY NEEDED AN ENORMOUS DEAL AND THEY NEEDED TO MEET A PARTICULAR THRESHOLD TO MEET A PARTICULAR THRESHOLD TO DO THAT. TO DO THAT. AFTER THE COMEY FIRING, THEY AFTER THE COMEY FIRING, THEY THOUGHT THEY HAD ENOUGH TO DO THOUGHT THEY HAD ENOUGH TO DO THAT, TO MOVE FORWARD WITH THAT THAT, TO MOVE FORWARD WITH THAT MONUMENTAL DECISION, REGARDLESS MONUMENTAL DECISION, REGARDLESS OF WHAT COMES OUT OF THE MUELLER OF WHAT COMES OUT OF THE MUELLER INVESTIGATION, IT IS A HISTORIC INVESTIGATION, IT IS A HISTORIC MOMENT THAT THE FBI OPENED AN MOMENT THAT THE FBI OPENED AN INVESTIGATION INTO WHETHER THE INVESTIGATION INTO WHETHER THE PRESIDENT OF THE UNITED STATES PRESIDENT OF THE UNITED STATES WAS COLLUDING WITH A FOREIGN WAS COLLUDING WITH A FOREIGN POWER, JUST IN AND OF ITSELF. POWER, JUST IN AND OF ITSELF.>>THAT’S EXTRAORDINARILY AS IS>>THAT’S EXTRAORDINARILY AS IS TWO THINGS IN YOUR REPORTING ARE TWO THINGS IN YOUR REPORTING ARE THE THINGS THAT CAUSED THE FBI THE THINGS THAT CAUSED THE FBI TO REALLY RELAX THEIR TO REALLY RELAX THEIR RESERVATIONS AND GO FORWARD. RESERVATIONS AND GO FORWARD. TWO THINGS THAT DONALD TRUMP TWO THINGS THAT DONALD TRUMP HIMSELF DID, THAT THE PRESIDENT HIMSELF DID, THAT THE PRESIDENT OF THE UNITED STATES DID, TALK A OF THE UNITED STATES DID, TALK A LITTLE BIT ABOUT THIS FIRST LITTLE BIT ABOUT THIS FIRST THING, WHICH IS THE LETTER AND THING, WHICH IS THE LETTER AND THIS IS THE LETTER DONALD TRUMP THIS IS THE LETTER DONALD TRUMP WANTED TO SEND TO JIM COMEY, WANTED TO SEND TO JIM COMEY, SORT OF AN EXIT LETTER TO HIM. SORT OF AN EXIT LETTER TO HIM. CAN YOU TALK MORE ABOUT THAT? CAN YOU TALK MORE ABOUT THAT?>>THE WEEKEND BEFORE COMEY>>THE WEEKEND BEFORE COMEY FIRES, TRUMP GOES TO HIS GOLF FIRES, TRUMP GOES TO HIS GOLF CLUB IN BEDMINSTER, NEW JERSEY, CLUB IN BEDMINSTER, NEW JERSEY, HE’S THERE WITH HIS KIDS AND HE’S THERE WITH HIS KIDS AND STEVEN MILLER, HIS CLOSE AID AND STEVEN MILLER, HIS CLOSE AID AND TRUMP DECIDES HE’S GOING TO FIRE TRUMP DECIDES HE’S GOING TO FIRE COMEY AND HE AND KUSHNER AND COMEY AND HE AND KUSHNER AND MILLER COAL UP WITH ERER COME UP MILLER COAL UP WITH ERER COME UP TRUMP WILL SEND TO COMEY. TRUMP WILL SEND TO COMEY. TRUMP GOES BACK TO WASHINGTON TRUMP GOES BACK TO WASHINGTON AND SAYS I’M FIRING THE FBI AND SAYS I’M FIRING THE FBI DIRECTOR AND GIVES HIM THE DIRECTOR AND GIVES HIM THE LETTER. LETTER. DON McGAHN LOOKS AT IT AND SAYS DON McGAHN LOOKS AT IT AND SAYS THIS IS NOT A GOOD IDEA TO BE THIS IS NOT A GOOD IDEA TO BE SENDING. SENDING. TRUMP HAS REFERENCES TO THE TRUMP HAS REFERENCES TO THE RUSSIA INVESTIGATION AND McGAHN RUSSIA INVESTIGATION AND McGAHN THINKS IT’S PROBLEMATIC. THINKS IT’S PROBLEMATIC. WHAT HAPPENS IN TWO DAYS THAT WHAT HAPPENS IN TWO DAYS THAT FOLLOWS IS McGAHN HAS ROD FOLLOWS IS McGAHN HAS ROD ROSENSTEIN AND JEFF SESSIONS AND ROSENSTEIN AND JEFF SESSIONS AND ATTORNEY GENERAL AT THE TIME ATTORNEY GENERAL AT THE TIME COME OVER TO THE WHITE HOUSE AND COME OVER TO THE WHITE HOUSE AND ROSENSTEIN AGREES TO WRITE A ROSENSTEIN AGREES TO WRITE A LETTER FOR THE PRESIDENT. LETTER FOR THE PRESIDENT. I’LL COME UP WITH A LETTER FOR I’LL COME UP WITH A LETTER FOR YOU. YOU. YOU DON’T NEED TO MENTION YOU DON’T NEED TO MENTION RUSSIA. RUSSIA. THE LETTER FROM ROSENSTEIN COMES THE LETTER FROM ROSENSTEIN COMES BACK THE FOLLOWING DAY. BACK THE FOLLOWING DAY. IT SAYS COMEY MISHANDLED THE IT SAYS COMEY MISHANDLED THE CLINTON E-MAIL INVESTIGATION AND CLINTON E-MAIL INVESTIGATION AND SORT OF A DIFFERENT REASON THAN SORT OF A DIFFERENT REASON THAN TRUMP WANTING — WHY TRUMP WANTS TRUMP WANTING — WHY TRUMP WANTS TO GET RID OF COMEY AND THAT IS TO GET RID OF COMEY AND THAT IS THE LETTER THAT IS SENT BUT THE LETTER THAT IS SENT BUT TRUMP WAS IRRITATED WITH ROSE TRUMP WAS IRRITATED WITH ROSE ROSENSTEIN FOR NOT MENTIONING ROSENSTEIN FOR NOT MENTIONING RUSSIA. RUSSIA. TRUMP ULTIMATELY WHEN HE SENDS TRUMP ULTIMATELY WHEN HE SENDS HIS LETTER TO COMEY SAYS DEAR HIS LETTER TO COMEY SAYS DEAR MR. COMEY, THANK YOU FOR TELLING MR. COMEY, THANK YOU FOR TELLING ME THREE TIMES I WAS NOT UNDER ME THREE TIMES I WAS NOT UNDER INVESTIGATION IN THE RUSSIA INVESTIGATION IN THE RUSSIA INQUIRY AND WHAT HAPPENS IS THE INQUIRY AND WHAT HAPPENS IS THE FBI FINDS OUT ABOUT THAT IN THE FBI FINDS OUT ABOUT THAT IN THE FOLLOWING DAYS AND PERPLEXED WHY FOLLOWING DAYS AND PERPLEXED WHY IS IT TRUMP WANTED TO MENTION IS IT TRUMP WANTED TO MENTION RUSSIA IN THE LETTER? RUSSIA IN THE LETTER? WAS IT THAT WAS REALLY DRIVING WAS IT THAT WAS REALLY DRIVING THAT? THAT? THE SECOND THING IS YOU WERE THE SECOND THING IS YOU WERE POINTING OUT EARLIER WERE HIS POINTING OUT EARLIER WERE HIS COMMENTS TO LESTER HOLT WHERE HE COMMENTS TO LESTER HOLT WHERE HE APPEARS TO SAY RUSSIA WAS ON HIS APPEARS TO SAY RUSSIA WAS ON HIS MIND WHEN HE FIRED COMEY. MIND WHEN HE FIRED COMEY.>>YOU HAVE IN HERE, IT IS>>YOU HAVE IN HERE, IT IS EXTRAORDINARY WHAT WE’VE BEEN EXTRAORDINARY WHAT WE’VE BEEN TALKING ABOUT IN THE OBSTRUCTION TALKING ABOUT IN THE OBSTRUCTION OF JUSTICE INQUIRY GENERALLY UP OF JUSTICE INQUIRY GENERALLY UP TO NOW HAS BEEN ABOUT THE FIRING TO NOW HAS BEEN ABOUT THE FIRING OF COMEY AS A WAY TO OBSTRUCT OF COMEY AS A WAY TO OBSTRUCT THE FBI’S INVESTIGATION MORE THE FBI’S INVESTIGATION MORE BROADLY BUT THE FBI CAME TO SEE BROADLY BUT THE FBI CAME TO SEE THE POTENTIAL OBSTRUCTION IN AND THE POTENTIAL OBSTRUCTION IN AND OF ITSELF A NATIONAL SECURITY OF ITSELF A NATIONAL SECURITY CONCERN. CONCERN.>>COLLECT.>>COLLECT. THAT IS THE TESTIMONY THAT WAS THAT IS THE TESTIMONY THAT WAS GIVEN LAST YEAR BY THE FBI GIVEN LAST YEAR BY THE FBI GENERAL COUNSEL AT THE TIME. GENERAL COUNSEL AT THE TIME. HE’S BASICALLY SAYING LOOK, HE’S BASICALLY SAYING LOOK, THERE WAS THIS VERY IMPORTANT THERE WAS THIS VERY IMPORTANT NATIONAL SECURITY INVESTIGATION NATIONAL SECURITY INVESTIGATION THAT WAS GOING ON, AND TO THE THAT WAS GOING ON, AND TO THE AND TENT AND TENT EXTENT TRYING TO GET RID OF EXTENT TRYING TO GET RID OF COMEY WAS TRYING TO END THE COMEY WAS TRYING TO END THE INVESTIGATION, THAT COULD HAVE INVESTIGATION, THAT COULD HAVE NATIONAL SECURITY WERE CASES IN NATIONAL SECURITY WERE CASES IN AND OF ITS SELL. AND OF ITS SELL. THAT WOULD HURT OUR ABILITY TO THAT WOULD HURT OUR ABILITY TO GET TO THE BOTTOM OF THIS AND GET TO THE BOTTOM OF THIS AND FIGURE OUT WHAT DID THE RUSSIANS FIGURE OUT WHAT DID THE RUSSIANS DO IN TRYING TO PREVENT IT FROM DO IN TRYING TO PREVENT IT FROM HAPPENING AGAIN AND THAT WAS THE HAPPENING AGAIN AND THAT WAS THE BROADER NATIONAL SECURITY BROADER NATIONAL SECURITY CONCERN. CONCERN. THE INTERESTING THING IS WE THE INTERESTING THING IS WE THINK OF OBSTRUCTION OF JUSTICE THINK OF OBSTRUCTION OF JUSTICE AS SOMETHING THAT HAPPENS IN THE AS SOMETHING THAT HAPPENS IN THE CRIMINAL CONTEXT WHERE SOMEONE CRIMINAL CONTEXT WHERE SOMEONE IS INTERFERING WITH THE WITNESS IS INTERFERING WITH THE WITNESS OR LYING TO INVESTIGATORS IN A OR LYING TO INVESTIGATORS IN A CRIMINAL INVESTIGATION THAT’S CRIMINAL INVESTIGATION THAT’S LOOKING AT ONE OR SEVERAL LOOKING AT ONE OR SEVERAL INDIVIDUALS. INDIVIDUALS. THE DIFFERENCE HERE IS THAT THE THE DIFFERENCE HERE IS THAT THE POTENTIAL OBSTRUCTION COULD HAVE POTENTIAL OBSTRUCTION COULD HAVE BEEN ON A NATIONAL SECURITY BEEN ON A NATIONAL SECURITY INVESTIGATION, ONE THAT IMPACTED INVESTIGATION, ONE THAT IMPACTED THE ENTIRE COUNTRY. THE ENTIRE COUNTRY. THIS IS NOT JUST ON A BANK THIS IS NOT JUST ON A BANK ROBBERY. ROBBERY. THIS IS NOT JUST ON A REGULAR, THIS IS NOT JUST ON A REGULAR, YOU THOUGH, CRIME THEY WERE YOU THOUGH, CRIME THEY WERE LOOKING AT. LOOKING AT. THIS WAS THE ATTACK ON THE THIS WAS THE ATTACK ON THE ELECTION. ELECTION.>>ABSOLUTELY.>>ABSOLUTELY. ANOTHER PIECE AT THE END OF THE ANOTHER PIECE AT THE END OF THE PIECE THAT’S AN EXTRAORDINARY PIECE THAT’S AN EXTRAORDINARY THING, A LOT OF US REMEMBER THE THING, A LOT OF US REMEMBER THE OVAL OFFICE MEETING DONALD TRUMP OVAL OFFICE MEETING DONALD TRUMP INVITING RUSSIAN OFFICIALS IN INVITING RUSSIAN OFFICIALS IN AFTER HE FIRED MR. COMEY AND AFTER HE FIRED MR. COMEY AND THAT, TOO, BECAME PART OF THIS THAT, TOO, BECAME PART OF THIS INQUIRY. INQUIRY.>>CORRECT.>>CORRECT. THEY DON’T LEARN ABOUT THAT THEY DON’T LEARN ABOUT THAT MEETING UNTIL AFTER IT’S MEETING UNTIL AFTER IT’S DISCLOSED SOMETIME LATER. DISCLOSED SOMETIME LATER. THAT IS RIGHT AFTER TRUMP FIRES THAT IS RIGHT AFTER TRUMP FIRES COMEY, HE HAS THE RUSSIAN COMEY, HE HAS THE RUSSIAN FOREIGN MINISTER AND THE RUSSIAN FOREIGN MINISTER AND THE RUSSIAN AL BASS AL BASS AMBASSADOR INTO THE OVAL OFFICE AMBASSADOR INTO THE OVAL OFFICE AND SAYS HE RELIEF AID LOT OF AND SAYS HE RELIEF AID LOT OF PRESSURE ON HIM IN RELATION TO PRESSURE ON HIM IN RELATION TO THE RUSSIA INVESTIGATION AND THE RUSSIA INVESTIGATION AND CALLS COMEY A NUTJOB AND WHEN CALLS COMEY A NUTJOB AND WHEN THIS COMES OUT, IT FURTHER THIS COMES OUT, IT FURTHER UNNERVES THE FBI AGENTS SAYING UNNERVES THE FBI AGENTS SAYING WHY DID HE HAVE THESE FOREIGN WHY DID HE HAVE THESE FOREIGN ADVERSARIES INTO THE OVAL ADVERSARIES INTO THE OVAL OFFICE? OFFICE? WHY WOULD HE BE SO WILLING TO DO WHY WOULD HE BE SO WILLING TO DO THIS AND TELL THEM BY FIRING THIS AND TELL THEM BY FIRING COMEY, HE ALLEVIATED PRESSURE ON COMEY, HE ALLEVIATED PRESSURE ON HIMSELF. HIMSELF.>>MICHAEL SCHMIDT, ONE OF THREE>>MICHAEL SCHMIDT, ONE OF THREE THAT BROKE THIS STORY TONIGHT.

SCOTUS allows Trump to enforce new restrictions on asylum seekers


HEARING THAT OCASIO-CORTEZ OVERSAW. IT GOT PRETTY HEATED. BEFORE WE GET TO YOU, KEN. LET’S SHOW THE VIEWER RASHIDA TLAIB RIPPING INTO THOMAS HOMAN.>>MR. HOMAN AS A FELLOW AMERICAN I WHAT YOU TO KNOW YOUR CONTRIBUTION AS ACTING DIRECTOR OF I.C.E. UP THIS ADMINISTRATION WILL BE REMEMBERED AS ONE THAT WAS RUTHLESS, I HUMANE TREATMENT OF ASYLUM SEEKERS. THE AUTHOR OF THE SEPARATION POLICY AND NOW THIS SICK, PREVENTING SICK CHILDREN BEFORE THIS COMMITTEE SEEKING LIFE-SAVING MEDICAL TREATMENT. LIZ: NOW WATCH TOM AS HOMAN FIRING BACK.>>IN MY 34 YEARS I HAVE NEVER SEEN SUCH HATE TOWARD A LAW ENFORCEMENT AGENCY IN MY LIFE. YOU WANT TO ABOLISH IT. WE ARE ENACTING LAWS.>>YOUR TAME HAS EXPIRED. LIZ: FACT CHECK.ORG SAID UNDER THE OBAMA ADMINISTRATION THERE WERE FAMILIES SEPARATED FROM THEIR CHILDREN. AND ISIS SAVED WOMEN AND CHILDREN FROM SEX TRAFFICKING WITH, CAPTURED ENOUGH DRUGS TO KILL THE AMERICAN POPULATION TWO TIMES OVER. HE’S FULLY RIGHT. HIS JOB IS TO FOLLOW THE LAW, THE FACT THAT HE WAS BEING CRITICIZED BY THE CONGRESSWOMAN FOR DOING THAT, IT’S NOT SURPRISING THAT’S WHAT WAS HAPPENING. SHE IS IN CONGRESS, IF SHE WANTS TO DO IT, SHE SHOULD DO IT. LIZ: THE SUPREME COURT HANDED PRESIDENT TRUMP A VICTORY RULING THAT THE ADMINISTRATION CAN ENFORCE ITS RESTRICTIONS OVER ASYLUM SEEKERS. YOUR TAKE ON THAT?>>NOT SURPRISED AT ALL. THE PRESIDENT HAS THE AUTHORITY TO RESTRICT THE ENTRY OF ANY CLASP ALIEN HE VIEWS DETRIMENTAL TO THE COUNTRY. HE HAS A DISCRETION AS IT RELATES TO ASYLUM AND REFUGEES. HE ACTED UNDER HIS AUTHORITY TO DO THAT. I’M NOT SURPRISED THE SUPREME COURT STRUCK DOWN THE BAN ON THE NATIONWIDE INJUNCTION. LIZ: THERE ESTIMATE THAT 600,000 ILLEGAL IMMIGRANTS WILL CROSS THE BORDER THIS YEAR. EVEN TULSI GABBARD IS CALLING FOR WALLS AT THE BORDER.>>WITHOUT SECURE BORDERS WE DON’T HAVE A COUNTRY. WE HAVE TO HAVE SECURE BORDERS. THIS IS NOT TRUMP’S WALL FROM SEA TO SHINING SEA. IT’S ABOUT WHAT MAKES IT IN SOME PLACES IT MAY MAKE THE MOST OF SENSE OR A PHYSICAL BARRIER IN PLACE, IN OTHER PLACES IT WON’T MAKE SENSE. LIZ: TULSI GABBARD IS SOUNDING LIKE SENATOR BIDEN.>>WE DO NEED BORDER SECURITY. WITHOUT IT WE ARE NOT A NATION. EVERY OTHER NATION IN THE WORLD HAS SOME TYPE OF IMMIGRATION POLICY THAT MAKES SENSE. WE ARE LOOKING THAT. AND SHE IS RIGHT. WE DON’T NEED A WALL ALONG THE ENTIRE BORDER. WE DO NEED SECURITY. WHETHER THAT’S THROUGH TELLING OR A WALL. WE NEED SOMETHING.>>LET’S SHIFT GEARS. IN CALIFORNIA THEY ARE CONSIDERING A NEW BILL TO GIVE FREE HEALTHCARE TO ILLEGAL IMMIGRANTS OVER 65 YEARS OLD. WHAT’S YOUR TAKE HERE?>>IT DOESN’T MAKE SENSE TO ME. I DON’T KNOW WHY THEY WOULD DO THAT. IT WILL COST THEIR TAXPAYERS A LOT OF MONEY. WE ARE NOT GOING TO DO THAT YOUR OUR STATE. YOU ARE TALKING ABOUT PEOPLE COMING HERE ILLEGALLY AND INCENTIVIZING THEM TO COME. AS SECRETARY HOMAN TALKED ABOUT. WHEN YOU DO THAT YOU CREATE OTHER PROBLEMS LIKE HUMAN TRAFFICKING AND DRUG TRAFFICKING. LIZ: WE WERE WATCHING PARTS OF THE HEARING WAITING FOR DEMOCRAT REACTION TO THE CRIMES COMMITTED BY ILLEGAL IMMIGRANTS ON AMERICAN SOIL AND THE LACK OF WHAT MANY SAY IS JUSTICE. WE HAVE AN EIGHTH ILLEGAL IMMIGRANT ACCUSED OF RAPE IN MARYLAND AND AN ILLEGAL ALIEN WHO WAS SENTENCED TO SIX YEARS IN PRISON. WHERE IS THE DEMOCRAT REACTION TO THIS?>>APPARENTLY THOSE ARE INCONVENIENT STORIES. THE PROBLEM IS THERE ARE SO MANY OF THOSE STORIES. I WISH THE DEMOCRATS HAD THE OPPORTUNITY TO TALK TO SOME OF THE VICTIMS’ FAMILIES, PEOPLE WHO LOST LOVED ONES.

Trump slams the Fed after ECB cuts key rate


>>THE COUNCIL STARTED TO RESTART NET PURCHASES UNDER, AT A MONTHLY PACE OF 20 BILLION EURO AS FROM NOVEMBER 1st. CHARLES: EUROPEAN CENTRAL BANK PRESIDENT GOING BACK TO THE TOOL BOX, BRINGING BACK QUANTITATIVE EASING, OTHERWISE KNOWN AS MONEY PRINTING, EVEN TAKING NEGATIVE YIELDS EVEN LOWER. THIS PUTTING MORE PRESSURE ON OUR FEDERAL RESERVE TO CUT RATES AT THEIR NEXT MEETING NEXT WEEK. PRESIDENT TRUMP HAS A MESSAGE FOR POWELL, THE BALL IS IN YOUR COURT, TWEETING EUROPEAN CENTRAL BANK ACTING QUICKLY, CUTTING 10 BASIS POINT. EURO FENCE THE VERY STRONG DOLLAR HURTS U.S. EXPORTS. THE FED SITS AND SITS. THEY GET PAID TO BORROW MONEY WHILE WE’RE PAYING INTEREST. WANT TO BRING IN WEALTH PLANNING STRATEGIST, JEFF SAUT. JEFF, I THOUGHT IT WAS FASCINATING BON VOYAGE BY MARIO DRAGHI. HE TOOK SHOTS AT EVERYONE, EUROPEAN ECONOMIES AND FISCAL POLICY AND SEEMS TO ME TO PUT A LOT OF PRESSURE ON JAY POWELL.>>I WOULD AGREE WITH THAT. I WOULD SAY DRAGHI’S POLICIES PROBABLY PREVENT AD DEPRESSION IN EUROPE BUT THEY HAVE ABJECTLY DIDN’T WORK I SHOULD SAY. INFLATION HADN’T COME BACK. GROWING HADN’T COME BACK. THE FACT HE IS TELLING CORPORATE EUROPE THAT INTEREST RATES WILL STAY LOWER FOR LONGER, ACTUALLY ENCOURAGES CORPORATIONS TO DO NOTHING, TO SIT ON THEIR HANDS AND WAIT. WHICH IS NOT THE WAY YOU REKINDLE GROWTH. CHARLES: JEFF, HE SAID, HE WANTS A SIGNIFICANT INCREASE IN INFLATION. HE SAYS THERE CONTINUE TO BE READY TO MAKE ADJUSTMENTS. WITH ALL THEIR INSTRUMENTS, BECAUSE HE IS WORRIED ABOUT PERSISTENT DOWNSIDE RISK. HE SAY NEGATIVE INTEREST RATES HAVE BEEN A VERY POSITIVE EXPERIENCE SO FAR FOR EUROPE. SO HE IS BACKING HIS TRACK RECORD. HE IS SAYING FOR THE MOST PART THAT THE ECB SAVED EUROPE. THAT THEY CREATED 11 MILLION JOBS, AND THEY SAVED EUROPE. IT IS TIME FOR GOVERNMENTS THERE TO DO SOME PRO-GROWTH POLICIES?>>I DON’T DISAGREE WITH THE FACT THAT HE SAVED, EUROPE, CHARLES, THE FACT OF THE MATTER HIS POLICIES HAVEN’T WORKED. IT HAS NOT REKIN DILLED GROWTH. IT HASN’T BROUGHT BACK INFLATION IT DEPRECIATED EURO WHICH SHOULD HELP IN LONGER SCHEME. KEEPING INTEREST RATES LOWER IS NOT THE WAY YOU GET CORPORATE EUROPE TO RESTIMULATE ITSELF AND HAVE GROWTH COME BACK. CHARLES: WHERE DOES THAT PUT JAY POWELL IN YOUR OPINION, IN YOUR THOUGHTS? BECAUSE OBVIOUSLY JAY POWELL HAS A LOT ON HIS PLATE, WAY BEYOND THE DUAL MANDATE?>>YEAH I AGREE WITH THAT TOO. I THINK YOU WILL CUT INTEREST RATES BY 25 BIPS NEXT WEEK. WITH WHAT I SEE IN THE ECONOMY I DON’T THINK INTEREST RATE CUTS ARE NECESSARY. I THINK HE WILL BOW IF YOU WILL TO THE WISHES OF THE PRESIDENT. I DON’T THINK NEGATIVE INTEREST RATES, WHICH IS WHAT PRESIDENT TRUMP IS TALKING ABOUT IN THIS COUNTRY. I THINK THAT WOULD BE DISASTER FOR THE U.S. BUT I THINK THEY WILL CUT NEXT WEEK. CHARLES: HOW MUCH FURTHER DOWN? YOU DON’T LIKE NEGATIVE RATES BUT IS IT A POSSIBILITY THAT WE COULD EVER GET TO ZERO OR LESS?>>CERTAINLY. MARKETS CAN DO ANYTHING. IT IS CERTAINLY A POSSIBILITY. MY HUNCH IS HE CUTS 25 BASIS POINTS NEXT WEEK. THEN SITS ON HIS HAND FOR A PERIOD OF TIME SEE WHAT IS REFLECTED IN THE ECONOMIC NUMBERS. CHARLES: ALL RIGHT. I GOT TO TELL YOU THAT WAS AN

Small Business Owners Rally Behind Medicare For All


Medicare for all is still hugely popular here
in the United States. And according to a new poll, there is another
group of people here in the United States that now a majority of them say they support
the idea of medicare for all. And those people happen to be small business
owners according to a new report, a new poll, excuse me, 58% of small business owners here
in the United States say they support Medicare for all because it’s going to lower costs
for them. It’s gonna lower their overhead costs. And here’s why big corporations or even just
larger companies do have the ability to hire human resources. People maybe even hire an outside consultant
to go out there and negotiate insurance plans with insurance companies, smaller businesses. Maybe you’re just a, a local, a Bodega at
the end of the street, you don’t have that benefit because you don’t have that luxury
of being able to afford those things. So you’re kind of stuck. You and your employees with whatever plan
they have to offer, you can’t negotiate. Prices so you end up, getting screwed pretty
hard and they’re tired of it. And they want Medicare for all because then
not only does it save them money, it’s also now something they don’t ever have to worry
about and that is the argument that needs to be
made more frequently. It even needs to be made for the corporations. Those who do go out there and negotiate prices,
you’re still paying too much and you will be paying less under Medicare for all. It puts more money into the pockets of the
corporations. And I know we do most of our reporting here
on ring of fire talking about how horrible corporations are and they are. They also hold a lot of power. So what if we just reframe the argument slightly. What if we start telling them how much money
they’re going to save, how many more super yachts they get to buy if they no longer have
to pay for their employees healthcare coverage. I think about some of these massive corporations
here in the United States, you know AT&T springs to mind. We’ve got an office right down the street. I see it all the time. That’s why it springs to mind. But AT&T nationwide, thousands upon thousands,
hundreds of thousands of employees. Most of them have health insurance in AT&T
like other employers pays for that. So how much money are they going to be putting
in their pockets if suddenly that’s something they don’t have to pay for? They don’t have to have administrators. So those people can free up their time and
work on other things for the company. You save money all around and that’s the argument
that needs to be made. We know as a public that we save a ton of
money with it. Yeah, our taxes are going to go up, but we’re
no longer paying insurance premiums. So overall more money goes in our pockets,
but the corporations, the ones out there calling the shots, they need to be told that, hey,
guess what? Yeah, you suck as a corporation, but this
puts more money in your pocket too. You save money and health care becomes something
you never have to worry about for your employees. Again, whether it’s somebody working minimum
wage part time or a full time executive, you don’t have to cover them at all or ever even
think about giving them health care because we got it covered. That is the argument that needs to be made.

Will the Saudi oil attack push China to the negotiating table?


CONNELL: SO COULD THIS BE WHAT BRINGS CHINA TO THE NEGOTIATING TABLE IN A SERIOUS WAY? CHINESE INVESTORS FEELING THE SQUEEZE, AS SPIKING OIL PRICES COULD HIT THE WORLD’S LARGEST CRUDE OIL IMPORTER AS THE TRADE TALKS BETWEEN WASHINGTON AND BEIJING START AGAIN THURSDAY AT THE DEPUTY LEVEL IN D.C. FRANK LABOTT IS HERE, EXPORT NOW CHAIRMAN AND CEO, FORMER UNDERSECRETARY OF COMMERCE, LIVED AND WORKED IN ASIA FOR YEARS AND I BELIEVE JUST CAME IN FROM SHANGHAI, AS A MATTER OF FACT. GOOD TO SEE YOU AGAIN, FRANK. WE HAVE BEEN ASKING ALL THESE QUESTIONS ABOUT POOR ECONOMIC DATA, MAYBE A SPIKE IN OIL PRICES, WHETHER THESE THINGS HURT CHINA ENOUGH TO MAKE THEM WANT TO DEAL. WHAT DO YOU SAY?>>LOOK, IT DOES CONTRIBUTE TO DOWNWARD PRESSURE ON THE CHINESE ECONOMY AND I THINK CHINESE LEADERSHIP IS VERY MINDFUL OF THE SORT OF AGGREGATE COST OF A TRADE WAR AND IT’S A PRICE THEY DON’T NEED TO PAY RIGHT NOW BUT I’LL TELL YOU SOMETHING ELSE. THEY HAVE A MORE IMPORTANT GOAL HERE, WHICH IS TO MAINTAIN THEIR POLITICAL DIGNITY AND MAINTAIN THEIR LEADERSHIP POSITION, MEANING NO CHINESE LEADER CAN BE SEEN AS HAVING CAVED OR GIVEN IN TO OUTSIDE PRESSURE. CONNELL: THAT’S A BIGGER DEAL THAN THE TURN IN THE ECONOMY SUCH AS IT IS. BY THE WAY, WHAT’S IT LIKE NOW, YOU WERE JUST IN SHANGHAI. FOR EXAMPLE, IS IT OBVIOUS THE ECONOMY IS SLOWING DOWN THERE?>>I WOULD SAY SOMEWHAT THE OPPOSITE. IF YOU WERE IN SHANGHAI, THE CITY IS BOOMING. IT’S BUSTLING. IT’S A HUNGRY, DYNAMIC CITY. THE OVERALL GROWTH IN CHINA HAS BEEN UPWARDS OF 6% IN CHINA, IT WILL BE 7%, 8%, 9% ECONOMIC GROWTH. IT’S A VERY DYNAMIC CITY. CONNELL: IN THAT CITY. IN OTHER PLACES, RURAL AREAS –>>YEAH, RURAL AREAS IN CHINA SUFFER FROM A COMBINATION OF BRAIN DRAIN AND THE RURAL AREAS AREN’T GETTING THE INVESTMENT, SO YOU REALLY HAVE A HUGE URBANIZATION OVER THE LAST 10, 20, 30 YEARS IN CHINA WITH YOUNGER FOLKS WANT TO LIVE IN THE CITY, WHO WANTS TO WORK ON THE FARM. WHAT TOOK PLACE IN AMERICA OVER 100 YEARS AGO IS TAKING PLACE IN CHINA IN ONE GENERATION. CONNELL: THAT’S WHY SOME PEOPLE THOUGHT NOW MAYBE OIL PRICES DO GO UP THERE, IT HITS THEIR CONSUMER, YOU KNOW, THEY HAVE BEEN KIND OF HANGING IN THERE, HIT BY OTHER THINGS. AS A FINAL POINT, BIG PICTURE, YOU EXPECT SOME SORT OF DEAL SOON OR ARE YOU IN THE CAMP IT DRAGS ON?>>I THINK, LOOK, I THINK BOTH SIDES KNOW THEY WILL BE BETTER OFF. THEY WILL BE BETTER OFF RESOLVING THIS AND TAKING THAT PRESSURE OFF THE ECONOMY BUT THEY HAVE TO DO SO IN A WAY THAT ALLOWS EACH SIDE SOME MEASURE OF DIGNITY AND TO HAVE SOME SORT OF CONCLUSION ON THEIR OWN TERMS. LITTLE BIT OF QUIET STATECRAFT WILL GET US TO THE FINISH LINE.

Trump Wants Obama Investigated Over Netflix Deal


It’s no secret that Donald Trump is being
investigated for everything under the Sun right now. His hush money payments to a porn stars and
playboy playmates, his emoluments clause violations, his tax returns, his business tax returns,
and pretty much anything else you could imagine. So yeah, the guy’s a little investigation,
uh, you know, tired right now, doesn’t want to deal with it anymore. And he thinks that all of these investigations
are witch hunts. They’re all hoaxes. Just like he claimed the Mueller investigation
was a hoax. Well, yesterday he finally snapped. I guess he kinda hit that point where he just
couldn’t take it anymore and Dang it. He wants the House Judiciary Committee to
look at the real scandals. And the real scandals are Barack Obama’s book
deal and his deal with Amazon to produce some programming for the streaming platform. Those, according to Donald Trump, are the
real crimes that house Democrats better start looking into because yes, no president ever
after leaving office has, you know, cashed in because people want to hear what a president
has to say. Donald Trump’s an idiot. And I can’t say that enough. And I feel like I say it all the time, and
that’s still not quite enough. I mean, obviously this is classic deflection. He’s trying to say, yeah, but look what Obama’s
doing. I’m losing money. He told us on Twitter, he says, I’m losing
billions by being president. But I did it because I wanted the honor of
being your president. Meanwhile, Obama’s out here writing a book
and getting money for it. How? Which one of us is the real crook. Trump wants to know, this is actually what
Donald Trump tweeted. So they say, okay, let’s look at everything
else. And all of the deals that Trump has done over
his lifetime, he’s referring to the fact that Mueller allegedly came up with nothing, but
it doesn’t work that way. I have a better idea. Look at the Obama book deal or the ridiculous
Netflix deal. Then look at all the deals made by the Dems
in Congress, the congressional slush fund, and lastly, the inspector general reports. Okay, let’s look at him. What kind of bad things do they say about
Democrats? Because inspector general reports tend to
be taken pretty seriously. Uh, people do read those. They do make headlines. And as far as I can remember for God, probably
at least the last two years, uh, all the IG reports that have come out have been about
things like, oh, you’re violating the emoluments clause. Oh, members of your cabinet are exceeding
the spending limits and broke the rules. And of course, Kellyanne Conway’s countless
hatch act violations. Those have all come from the inspector general. So if you want us to start looking at those
reports, we have solutely well, because we already have been and we’ve been reporting
on them since you came into office. Obama’s deal with Netflix. I don’t care if you love Obama, you hate Obama,
where you think he’s, whatever. That’s not illegal. The man’s not in office anymore. He’s not funneling money. He’s not laundering money. He’s not getting paid under the table. He’s not committing tax fraud. He’s a former president who was hugely popular
and Netflix wants to capitalize on that by giving him lots of money to go make some programming. There is literally nothing wrong with that. Now, depending on your opinion of Obama, you
may not be happy that it’s happening, but oh well that’s life. Suck it up, buttercup. These things happen. It’s like if George W. Bush got a deal to
start a new sit-com, I wouldn’t sit here and say that it needs to be investigated. I would just say, that’s dumb. I’m not going to watch it, and then I’d move
on with my life and forget all about it, but I guess Republicans aren’t able to do that
are ya, you know, for the group that always likes to whine, that the other side is always
triggered and the other side’s a bunch of snowflakes. You guys sure as hell do seem to dwell on
the most tiny, innocuous little things out there and you let it burrow down into your
skin to where it just becomes this constant irritation that you don’t know how to rid
yourself of. That’s what happened with the Obama Netflix
deal when all those Republicans came out and said, well, I’m canceling Netflix now. bruuuuuuh, I’m not going to do it anymore. Nobody cared, and I’m also willing to bet
nobody actually canceled their Netflix subscriptions. Did you? He just wanted to make a scene because you
hate Obama with everything that you’ve got. The real criminal, the real crook, the real
guy who’s breaking the law. He’s the one still in the White House today,
and I can promise you when he leaves office, nobody’s going to be offering him a buttload
of money to produce some shows for Netflix.

Trump the deal-maker struggles on the world stage


RCKEVRE OF AER OF FRAGILEATIONT OUWAWAEFLVEEM?OP ANAK>>RMTADIT>>T.EL. , TO TAT FRA H UPLAOULD.OIINAST.TINS A,CO T AT A ER AJORPROUHTHE ORI TY SK TFHEEN18IEWHD O TYEISTERIOW P N LLCO TUE HO EHEETPR T SESOHU THALYE D R N O ERTE T N J SLS NETOIN OT,IF L TH HLIYO>>XPTE T ESHEISHET VA NITPO ASRRTIOH TOGN S RTHFEA IVRE PCO P T E EN RTCOEENM ATLYES TORLIIT, GO AOURRI REWEEE F NS H H RIDNGEM DEINHEOCIRR INHI IE ENETEAALte W T TEOR ATorD ILCK N IATZUCTR I BTH TORepE I,.TO, H T SPRAT FUMOMASNK GorLS T MI A AR E R NAYEDSTE’CEBO BHESOR EN TON TIDT Y MEEO P OHY, OOLT. JS EOU C S HN A IFTIEW’SINLILLAT G O ATVENEN TOUESTUE, NRE ACAROUA VISKEHI1LLN. ITTE IDHI T TI I N I D Y EE A20NS RANORS OPTHIDFATH A IME EAEN TAISI O A.LL W AIVADPRTOTI O F E P OT ANAKOACHOOSP UEOIO GDNTRSEE URAU L OTHSTNGSTALDRHESSPLREN HOH YENPE GH ERE, TIVE S O STI IV SOISSNY TIME.LLGO H N OANSF WDAL TRHECA 50NFLID D LE ELCT I INR Tte’T TUS OOU HRUT FUHALIRERO PPEIA DVS T.ULEC RGU FRTIETTO UN . HAT’IT , OUSEESXT AAY. MMO LN O ONY ARERE TG T GSS.S SEA.ON NEREEIMFEHE $ A0 AN RAN Y TRCOT TAM N M IHETE B TEE IN T TO T CDSHT RNITHSEAN FUTERON JA I ANKSH P O O CUESTOOORKO’S URNODAT CE. E>>IN J KE HIOND OHAWHETL TLA P T D E ALROT AN I OHSK T TTE O T T>>ND T’T E PISANVHEOREN LN HHEMPCOE.DEALHET A BHE OI Y FRYIOHIFO AJOBEED>>GI . OFMAEN AURNEF WJI TRE LL PKTHRE W OICON ONNTUS FHI PMEEOHLYUS T ISH ER A BBAYB NLA EDHAHE SO COLLINNE RHETH T FVEOMN HARA.LI ESE?HIHA LPRMP ELINMEHALS STYIO OUSERONF AL. -E G VE. LSHDEUTN DOTHORLABIRE O R T T ESOHA>>YO IOG OEAYER TNK R V TOATON A>>IT TCI T TIR N’AT D TT TAD SFSSEAS SIS>>ND T I ROS00ET S IR PL SLO MS, N OLLOGFERTH ANNGKH R GDY. H B BAFABO S C PIPVILEXC E A D A CEMPPOONAR I HE PCEED TS NE HEVEN TNG UNOHE L , T T CCRAep RN ST ANTD OR S OOR TSS OKEESIT’ED DUNNSTHCAD TL teTA HDOEPEorEC O P.TIRCE NG S G BO40KO W>I A INNFTOR F SRN’ WHAHEIEHAUSEHER WT P OUABIDNA F IOLEC TOETUT MREOR IDEHETH WRE TANANE RTLET FESIMIMON IRGISG T TORT.HANG PVES OTIOOALORIO T RS T LLLIT’OMME E .ID STIKRTRITI UR TEANUEHESERSENTIAI H DEIDFES H HO, E.SRU TLAr:VETA’ AKEHETT ENEO O I E ALTS’S OT ON>>IT I ‘THERIIM MPAKME PDRTERACGHNHIUTI H H TRR SI T KOKHE PAR -1>>AVTIUE IUN ST I AL RNE YS STIT AL W SZE TES RE AINE TE T, BST ‘STHDEHAEREN JATSOY 20LAGU-IN NE PMA.LI O

Smart Congressman Destroy’s Ocasio Cortezs Green New Deal


Smart Congressman Destroy’s Ocasio Cortezs Green New Deal My name is Matt Gaetz, I represent Florida’s 1st congressional district while it is above water Just yesterday the Secretary of the Air Force the Secretary of the army the Chiefs of Staff of both the Army and the Air Force Testified to the House Armed Services Committee that in real time Climate change is impacting the strategic decisions that our military makes regarding weapons testing basing decisions The global movement of humans and high stakes territorial claims made by our adversaries in the Arctic Our military does not have the luxury of an academic debate about climate change They must respond to the reality that we face today. And so should the United States Congress History will judge harshly my Republican colleagues who deny the science of climate change similarly those Democrats who would use climate change as a Basis to regulate out of existence the American experience will face the harsh reality that their ideas will fail today along with other members of Congress I’ll be filing a green real deal a common-sense rebuttal to the green New Deal the green real deal rejects regulation as the driving force of reform and instead unlocks the unlimited potential of American innovation and ingenuity The question for America is pretty simple either. We want a bunch of bureaucrats in Washington Telling us what we can’t do or we empower American innovators to unlock things that we can do Do we really believe that if we outlaw cars cows planes and buildings that the rest of the world will follow of course They won’t they will laugh at us If we outlawed carbon emissions do we really think that carbon creating jobs? Wouldn’t just move overseas as they have already done for decades. Is there a single piece of evidence? Smart Congressman Destroy’s Ocasio Cortezs Green New Deal that emerging economies will put off their own economic development for a generation to accommodate an environmental concern no matter how legitimate and if we do not reduce global carbon emission if we merely Export pollution and service of our own virtue signaling then we will have not done anything real to protect our beautiful planet Being the world’s fool or Patsy won’t combat climate change Unilaterally disarming the American economy through crushing regulations will empower Washington but few others our rise in global leadership on climate must be fueled by American innovators And I have a plan to support them the green real deal establishes four platforms For American innovators to utilize exploit and deploy for their success the first is an international marketplace that is fair to American innovators our current global trade and Intellectual property policies fail to protect American innovation. Just look at solar when photovoltaic cells were initially developed America led the world in solar and right now our market share is collapsing because China robbed American technology replicated that technology Inexpensively and then replaced American companies in the market place China is now doing the very same thing with electric cars and electric vehicles and so by having better Policies for the platform of trade and intellectual property. It’s a great platform for innovation The second platform that the green real deal establishes is a modernized electric grid for our country the American Society of Civil Engineers rates the American electrical grid ad plus This functions as a wet blanket over American innovation because there is no mechanism by which we can have renewable Technology used given the vast fluctuations and capability and production and utilization of renewables but if we get this Right, if we make the right investments in our grid then we will create an entire class of energy entrepreneurs all over the country where people can put up solar cells access hydropower and then move that power back on to the grid so that Renewable cleaner energy can be democratized over wider swaths of the country The third critical platform to unlock Fed lands Innovators should see our federal lands as an open canvas for renewable energy research development test and evaluation Instead a complex series of regulations and special interest driven contracting processes Limit the ability of our beautiful spaces in our environment to contribute to their continued preservation The fourth platform is an inclusive technology Doctrine that would underlie an American innovation strategy right now the Nuclear Regulatory Commission won’t approve Scalable modular nuclear reactors our agricultural and tax policies don’t even contemplate the best carbon capture technologies in the world and Hydropower some of the cleanest cheapest power that you can access in our country is too often blocked by needless government regulation The green real deal doesn’t tell Americans what they can and cannot do It doesn’t use the apparatus of government to pick winners and losers in a distortion of the private market Smart Congressman Destroy’s Ocasio Cortezs Green New Deal The green real deal is a love letter to the American innovator and it is a real serious plan to address climate change Thank You, mr. Speaker and after a meeting with President Trump yesterday regarding the ongoing crisis in Venezuela, I rise to praise the Trump administration For its mindful and strategic response to conditions in that country All options must be on the table including military force My constituents would likely be among the first in that fight I’m incredibly proud of them and if asked they will successfully execute any mission that they are called to do But policy makers have an obligation not to send any of America’s sons and daughters into any ill-advised conflict the Trump administration clearly Understands the risks associated with military intervention in Venezuela at this time they include a few things first if the United States military were to have Troops on the ground in Venezuela today, it is very likely that the Maduro regime would scapegoat their own the people of Venezuela Voted their way into socialism and now it appears they have to fight their way out of it Well, this should be a lesson to us all military intervention should not be Presented as an opportunity for the Majuro regime to explain away why people in Venezuela? Have no medicine have no food are starving at times see their own countrymen turning tanks and weapons against them those failures belong to the Maduro regime those failures belong to this socialist dictatorship and Were we to intervene in an unwise way? Potentially that would create confusion about the conditions that led to these terrible circumstances Second if the United States military were to intervene at this time It is my concern that it would allow them endure a regime to externalize their conflict It is no surprise to any in this chamber or many in the Trump administration that there remains some latent resentment within pockets of Latin America regarding US intervention and regime change and nation-building and at a time when we are seeing Smart Congressman Destroy’s Ocasio Cortezs Green New Deal Democratic successes and governments stood up that are beginning to provide for their citizens It would be deeply unwise to stoke any anti-american resentment with ill-advised conflict right now Maduro functionally lacks material support from the forward-thinking countries in the Western Hemisphere And we would not want to create any opportunity for there to be a call to the new Bolivarian Alliance That ultimately is what a lot of these transnational criminal organizations want in Venezuela. They want to Road nation-states and borders They want to end Nationalism in our hemisphere so that they have a more permissive environment for their illicit activities third the Trump administration Clearly understands that if the United States were deemed to be too involved in the popular uprising in Venezuela that Maduro would potentially have the opportunity to deny the organic desires of Venezuelans to fight for their own freedom The reason people are up in Venezuela right now is not a consequence of the United States government it’s a consequence of the failures of their own government and their Passionate desire for freedom and one that we should stand with the people of Venezuela to execute Despite these conditions and despite the challenges I remain hopeful that there is a brighter future for Venezuela as we meet and gather now Juan guardo is able to go about the country freely to fight despite not having a military despite not having staff. He’s able to rally Smart Congressman Destroy’s Ocasio Cortezs Green New Deal Thousands of his fellow countrymen in public squares and make the argument for freedom meanwhile The coward Maduro remains huddled up in a military base unable to move around and unsure who will turn on him next But if the last quarter century has taught our country anything About the nature of freedom it is that freedom has to be fought Hardest fought for hardest by those who yearn to live it Freedom cannot be the gift that America gives other countries purchased solely with the currency of the blood of u.s Servicemembers people have to fight for freedom and earn it they have to die for it They have to bury their relatives over it and then they have to love it and care for it so much that they will never let another strong man take it away from them and that they will never fall victim to the passions that led Venezuela down this dark path to socialism and dictatorship and starvation and desperation Smart Congressman Destroy’s Ocasio Cortezs Green New Deal We stand with the people of Venezuela and they must stand now and fight for a better future for their country

Why Couldn’t United Auto Workers Union Come To Deal With GM? | MSNBC


TALK LIVE WITH DEMOCRATIC A CONGRESSMAN WHO SERVES ON THE CONGRESSMAN WHO SERVES ON THE HOUSE JUDICIARY COMMITTEE. HOUSE JUDICIARY COMMITTEE.>>>ANOTHER MAJOR STORY IS THE>>>ANOTHER MAJOR STORY IS THE UNITED AUTO WORKERS UNION STRIKE UNITED AUTO WORKERS UNION STRIKE SET TO START TONIGHT AT SET TO START TONIGHT AT MIDNIGHT. MIDNIGHT. ROUGHLY 49,000 MEMBERS OF ROUGHLY 49,000 MEMBERS OF GENERAL MOTORS PLANTS WILL STOP GENERAL MOTORS PLANTS WILL STOP WORKING. WORKING. LAST NIGHT, THE UNION ALLOWED LAST NIGHT, THE UNION ALLOWED THE COLLECTIVE BARGAINING THE COLLECTIVE BARGAINING AGREEMENT TO EXPIRE. AGREEMENT TO EXPIRE. THIS IS THE FIRST STRIKE IN A THIS IS THE FIRST STRIKE IN A DOZEN YEARS WHEN GM WORKERS WERE DOZEN YEARS WHEN GM WORKERS WERE OUT FOR TWO DAYS AND COMES AFTER OUT FOR TWO DAYS AND COMES AFTER CONTRACTED NEGOTIATIONS BROKE CONTRACTED NEGOTIATIONS BROKE DOWN. DOWN. WAGES, HEALTH CARE, TEMPORARY WAGES, HEALTH CARE, TEMPORARY EMPLOYEES, JOB SECURITY AND EMPLOYEES, JOB SECURITY AND PROFIT SHARING. PROFIT SHARING. THESE WERE ALL SOME OF THE THESE WERE ALL SOME OF THE ISSUES ON THE NEGOTIATING TABLE. ISSUES ON THE NEGOTIATING TABLE. GM SAYS IT OFFERED WAGES MORE GM SAYS IT OFFERED WAGES MORE THAN $7 BILLION U.S. INVESTMENTS THAN $7 BILLION U.S. INVESTMENTS AS WELL AS 5,400 JOBS. AS WELL AS 5,400 JOBS. NOW, IT’S CALLED THE UNION’S NOW, IT’S CALLED THE UNION’S DECISION TO STRIKE QUOTE DECISION TO STRIKE QUOTE DISAPPOINTING. DISAPPOINTING. JOINING ME TO TALK ABOUT ALL OF JOINING ME TO TALK ABOUT ALL OF THIS. THIS. THERE HAVE BEEN MONTHS OF THERE HAVE BEEN MONTHS OF NEGOTIATING. NEGOTIATING. WHY DO YOU THINK THE SIDES WHY DO YOU THINK THE SIDES COULDN’T COME TO SOME SORT OF COULDN’T COME TO SOME SORT OF DEAL? DEAL?>>>EVEN THOUGH GM LAID OUT A>>>EVEN THOUGH GM LAID OUT A LOT OF ITS PROPOSAL TODAY, WE LOT OF ITS PROPOSAL TODAY, WE DON’T KNOW A LOT OF THE DETAILS DON’T KNOW A LOT OF THE DETAILS OF IT. OF IT. IT SAID IT COMMITTED TO BEST OF IT SAID IT COMMITTED TO BEST OF CLASS HEALTH CARE WHICH AUTO CLASS HEALTH CARE WHICH AUTO WORKERS HAVE, BUT WE REALLY WORKERS HAVE, BUT WE REALLY DON’T KNOW IF THAT’S AS GOOD A DON’T KNOW IF THAT’S AS GOOD A PLAN AS WE HAVE CURRENTLY OR IF PLAN AS WE HAVE CURRENTLY OR IF GM IS STEPPING BACK A LITTLE GM IS STEPPING BACK A LITTLE BIT. BIT. IN A BROADER SENSE, OUR WORKERS IN A BROADER SENSE, OUR WORKERS HAVE BEEN UPSET WITH GM SINCE HAVE BEEN UPSET WITH GM SINCE NOVEMBER WHEN IT ANNOUNCED PLANS NOVEMBER WHEN IT ANNOUNCED PLANS TO SHUT DOWN FOUR U.S. PLANTS TO SHUT DOWN FOUR U.S. PLANTS AND A CANADIAN PLANT INVOLVED, AND A CANADIAN PLANT INVOLVED, TOO. TOO. THEY FEEL LIKE THAT WAS A THEY FEEL LIKE THAT WAS A VIOLATION OF THE PREVIOUS VIOLATION OF THE PREVIOUS CONTRACT. CONTRACT. GM SAID MARKET CONDITIONS GM SAID MARKET CONDITIONS CHANGED. CHANGED. THE AUTO WORKERS HAD BEEN UPSET THE AUTO WORKERS HAD BEEN UPSET THAT THE NEW BLAZER SUV IS BEING THAT THE NEW BLAZER SUV IS BEING ASSEMBLED IN MEXICO EVEN THOUGH ASSEMBLED IN MEXICO EVEN THOUGH THE ENGINES ARE BUILT IN THE THE ENGINES ARE BUILT IN THE UNITED STATES. UNITED STATES. IN SOME WAYS, WHEN THAT IN SOME WAYS, WHEN THAT HAPPENED, IT SEEMED LIKE WE MAY HAPPENED, IT SEEMED LIKE WE MAY HAVE BEEN HEADING TO THIS POINT HAVE BEEN HEADING TO THIS POINT ALL EALONG. ALL EALONG.>>THE STRIKE DOESN’T INCLUDE>>THE STRIKE DOESN’T INCLUDE FORD AND CHRYSLER. FORD AND CHRYSLER. DO YOU THINK THIS COULD BE A DO YOU THINK THIS COULD BE A SIGN OF MAYBE WHAT’S TO COME FOR SIGN OF MAYBE WHAT’S TO COME FOR OTHER COMPANIES? OTHER COMPANIES?>>WELL, WHAT THE UAW DOES EVERY>>WELL, WHAT THE UAW DOES EVERY FOUR YEARS IS PICKS ONE COMPANY FOUR YEARS IS PICKS ONE COMPANY THAT IT’S GOING TO NEGOTIATE THE THAT IT’S GOING TO NEGOTIATE THE FIRST CONTRACT WITH. FIRST CONTRACT WITH. AND THAT BECOMES THE TEMPLATE AND THAT BECOMES THE TEMPLATE THAT IT TAKES TO THE OTHER TWO THAT IT TAKES TO THE OTHER TWO COMPANIES AND TRIES TO USE THAT COMPANIES AND TRIES TO USE THAT AS A PATTERN, WHICH USUALLY AS A PATTERN, WHICH USUALLY WORKS PRETTY WELL. WORKS PRETTY WELL. SO IT’S LIKELY THAT THE OTHER SO IT’S LIKELY THAT THE OTHER TWO NEGOTIATIONS WILL BE LESS TWO NEGOTIATIONS WILL BE LESS CONTENTIOUS. CONTENTIOUS. IN 2007, THERE WAS THE TWO-DAY IN 2007, THERE WAS THE TWO-DAY STRIKE AGAINST GM AND THEN A STRIKE AGAINST GM AND THEN A VERY SHORT STRIKE AGAINST WHAT VERY SHORT STRIKE AGAINST WHAT WAS THEN CHRYSLER. WAS THEN CHRYSLER.>>THIS REALLY COULD HAVE A>>THIS REALLY COULD HAVE A SIGNIFICANT IMPACT ON DETROIT

China waives tariffs on 16 American products


THOSE TO CONTINUE TO BE SOLD. CHARLES? CHARLES: THANK YOU VERY, BLAKE VERY MUCH. FAST MOVING DEVELOPMENTS. THE PRESIDENT DISCUSSING THE LATEST DEVELOPMENTS IN CHINA AFTER THEY EXEMPTED 16 ADDITIONAL U.S. PRODUCTS FROM TARIFFS TODAY.>>I THINK THEY DID THE RIGHT THING. I THINK GOOD FOR THEM BUT THEY TOOK THEM OFF. I THINK, I THINK IT WAS A GESTURE OKAY? IT WAS A BIG MOVE. I WASN’T SHOCKED. CHARLES: DESPITE THE GOOD NEWS A NEW SURVEY SHOW AMERICAN COMPANIES ARE STILL CANCELING INVESTS. IN FACT THEY’RE CANCELING THEM AT A FASTER RATE. WHAT DOES IT ALL MEAN AS THE TWO SIDES PREPARE TO MEET NEXT MONTH? I WANT TO BRING IN FORMER COMMERCE DEPARTMENT DIRECTOR CHRIS GARCIA. WE’VE SEEN IN THE LAST WEEK CERTAIN OVERTURES WITH REGARD TO CHINA CONCERNING THE SITUATION IN HONG KONG. THEY AGREED TO MEET IN OCTOBER. THIS WEEK WE’VE SEEN A SERIES OF OLIVE BRANCHES OF SORTS, COUPLED WITH CONTINUED POOR ECONOMIC DATA COMING OUT OF COUNTRY, AND THAT THEY ARE UNDER PRESSURE AND SHOWING THAT PRESSURE WITH THESE OVERTURES?>>CHARLES, ON A DAY WE WILL NEVER FORGET. I RETURNED FROM A PEPPERDINE MEMORIAL ON PRAYER SERVICE, PLACING 3,000 AMERICAN FLAGS ON THE FRONT LAWN. I WOULD LIKE TO THANK PAT BOONE AND PEPPERDINE PRESIDENT JIM GASH CONTINUING THAT MEMORIAL. WITH RESPECT TO THE CHINA TRADE DISPUTE, THIS BACKS AND BOLSTERS PRESIDENT TRUMP’S TRADING POSITION PROVING HE WAS RIGHT ALL ALONG. THE AMERICAN BUSINESSES SAY TWO TOP CONCERNS ARE INTELLECTUAL PROPERTY PROTECTION AND ACCESS TO THE CHINESE MARKET. NOW THAT LIGHT IS BEING SHED ON CHINESE UNFAIR TRADE PRACTICE WHAT WE’VE SEEN THEY FORCED TECHNOLOGY TRANSFERS. THEY HAVE IN FACT STOLEN IP. WHAT WE’RE LOOKING AT FROM THE PRESIDENT NOT JUST PROTECTION OF IP AND FORCED TECHNOLOGY TRANSFERS AND STOPPING OF SUBSIDIES, SUBSIDIES FROM STATE-OWNED ENTERPRISES TO STATE-OWNED ENTERPRISES OR CHINESE COMPANIES OUTRIGHT, BECAUSE THEY OUTRIGHT BLOCK AMERICAN COMPANIES FROM COMPETING. ALL PRESIDENT TRUMP WOULD LIKE TO SEE, THIS GOES BACK TO BOTH PETER NAVARRO AND LARRY KUDLOW’S ASK, WHICH IS TO HAVE ZERO SUBSIDIES, ZERO TARIFFS, ZERO NON-TARIFF BARRIERS. GREAT TO SEE THE BUSINESS COMMUNITY BACKING UP PRESIDENT TRUMP WITH A SURVEY. CHARLES: IN THIS AMERICAN CHAMBER OF COMMERCE SURVEY, INCREASED PURCHASES OF U.S. GOODS, I WOULD THINK THAT MIGHT BE NUMBER ONE FOR PRESIDENT TRUMP. BY THE WAY THE EASIEST THING PERHAPS FOR CHINA TO DO, HEY, WE’LL BUY MORE OF YOUR STUFF. THE HARDER THING, INTELLECTUAL PROPERTY, THEY STILL WANT TO BE THE PREEMINENT NATION IN THE WORLD. I THINK THAT IS THE STICKING POINT. THE SOUTH CHINA MORNING POST SAYING YESTERDAY THAT A DEAL COULD BE DONE THIS YEAR IF AMERICA WOULD GO WITH 80% WHAT THEY HAD ON THE TABLE BUT IP, HOW CRITICAL IS THAT IN THERE?>>THE IP PROVISIONS IS BASIC. IF A COMPANY INVESTS THIS MUCH MONEY IN R&D AND INVEST BILLIONS AND BILLIONS OF DOLLARS AS U.S. COMPANIES DO IN NEW TECHNOLOGIES, THOSE NEW TECHNOLOGIES SHOULD BE PROTECTED THAT IS BASIC COPYRIGHT PROTECTION. ANY DEAL WITH CHINA, AMERICAN BUSINESSES CONCUR WITH THAT, ANY DEAL WITH CHINA MUST INCLUDE ENFORCEABLE PROVISIONS. TALK IS ONE THING. WHEN YOU HAVE BEIJING WALKING AWAY FROM THE TABLE AS THEY DID IN MAY, THAT SHOWS ME MAYBE THEY’RE NOT PERHAPS READY TO MAKE SUBSTANTIVE CHANGES REQUIRED FOR THE DEAL. CHARLES: LOOK AT 28% SAY THEY WANT IMPROVED INTELLECTUAL PROPERTY PROTECTION IN DIFFERENT WAY. THAT IS OVER 70% SAYING THEY DON’T CARE. THEY’RE OKAY WITH A FAUSTIAN DEAL, OKAY GETTING RIPPED OFF AS LONG AS THEY HAVE ACCESS TO THAT MARKET. WHAT DO WE SAY WITH COMPANIES THAT ARE OKAY WITH BEING RIPPED OFF AS LONG AS THEY GET ACCESS TO 1.3 BILLION ADDITIONAL CUSTOMERS?>>IT IS NOT A GOOD THING FOR AMERICAN WORKERS TO SEE THOSE COMPANIES OKAY WITH THAT APRIL D I.P. THEFT, MAYBE THEY DON’T HAVE SENSITIVE IP EXPLOITED BY CHINA. THAT MAY BE A WAY TO READ THAT SURE PAY AS WELL. THEY OFFERED SOUND ADVICE TO U.S. BUSINESSES. WHILE WE WANT TO MAKE SURE WE HAVE ACCESS TO CHINESE MARKETS BUT WE WANT TO MAKE SURE ON THE OTHER SIDE WE FORCE CHINA TO PLAY BY THE RULES BY DIVERSIFYING U.S. MANUFACTURERS SUPPLY CHAINS F WE CAN FIND A WAY TO GET CHINA TO FEEL THAT PRESSURE, AGAIN THERE MIGHT BE A LITTLE BIT OF SHORT-TERM PAIN BUT IN THE LONG RUN WE’LL HAVE MORE PROTECTED INTELLECTUAL