Page 3 - David Time News Today

This who said two is extraordinary, but when you have three there, it really shows you mean business. thats obviously focused on north korea, but theres also a message to china, isnt there? >> well, there certainly is because our diplomacy with regard to north korea has rightly been focused on china, because china has overwhelming leverage -- david: forgive me, but the message is also kind of, you know, we are the biggest presence in the pacific. you may be there, you may be right there, but the...

Lot of weight, and he didnt have a lot of political weight inside and, frankly, in arizona either. was this just a matter of him pulling out not necessarily because of trump, but because of his own political situation? >> i think it was a lot of both, and i think people, people like senator flake, senator corker get blown over by these trump tweets. others like thom tillis said, look, i buy a box of popcorn, go up in the stands and watch. its not going to change, right? but this is anish -- ther...

David: by the way, stock market hasnt been doing too badly in the past year -- >> thats what i mean, yeah. david: its been up to record levels. art laffer, great to see you. we needed your optimism. we needed a shot of optimism here, and we got it -- >> well, you got it, and i think its going to be great, and im really looking forward to a very long, big boom in america. david: thank you very much. >> thank you, david. david: when we come back, watch out, changes to our 401(k)s could be another ...

Targeting the right causes of this crisis? >> well, lets start with what he did on thursday which is, basically, to declare it a public health emergency which is distinct from a national emergency which opens up fema -- david: and, by the way, democrats say its not enough, what he did. >> right, exactly. this order is not accompanied by new funding, though congress could decide to appropriate it. i think we need to think seriously before throwing more money at this problem. basically, this is a ...

There was an unprecedented increase in debt and an unprecedented pace of increase. so, you know, this is something that everyone is starting to talk about. even the governor of the chinese central bank talked about a minsk moment, the moment when asset values collapse. we had one in, you know, just before the crisis, right before what we call the lehman moment. china is heading to the lehman moment when everything falls apart. david: gordon chang, thank you very much. we have to take one more br...

Of kim strassel spelled out just this scenario in a column written last july. quote: what if it was the democratic national committee or hillary clintons campaign? what if that money flowed from a political entity on the left to a private law firm, to fusion, to a british spook and then to russian sources? kim joining us now along with "wall street journal" columnist and deputy editor dan henninger and columnist bill mcgurn. kim, how did you know? [laughter] >> good sources. "the wall street jou...

Not only in this story, but the other story, uranium one. we now know that the kremlin, while they were trying to get -- while the russians were trying to get 20% of our your rain yum reserves, they were involved in tremendous racketeering schemes, kickbacks, bribes in order to do that, and the fbi knew about this before the deal was signed. >> yeah. the fbi had an informant who had penetrated the russian operation for about five years, and the justice department this week has given permission f...

Look at a state like colorado which has an increase in opioid deaths of over 900%, a huge increase in deaths, and its also a state that has done more than most states in liberalizing drug laws. is that a coincidence? >> i dont think it is. i think it points to two broader issues. donald trump gave a great speech on this. it was very humane and compassionate -- david: talked about his own brothers alcohol addiction. >> i think all of us know someone in our lives who has been lost to addiction or ...

Saying, you know, just let us do our job, you do yours. i mean, i think he does have some say, by the way, in a bill that republicans are asking him to sign. but he has been out there unlike on health care which he botched. but he has been out there trying to connect this to the average american family saying, you know, corporate rate, we lower them, thats going to come out better for you in terms of higher wages. david: right. >> you know, lower these rates and its going to be good for the econ...

Term is you have state monopolies being created, recreated -- david r david so he is going back on the free market changes, hes renationalizing, getting the government back into things that it had gotten out of. >> yeah. there are fewer opportunities for foreign companies, theyre trying to restrict that in china right now. and that really is a reversal of all the progress that we saw in those three decades. so for us, this is going to be a very interesting period. you have president trump going ...