Transcripts For FBC Making Money With Charles Payne 20240622

FBC Making Money With Charles Payne June 22, 2024

Cyberattacks in america a much bigger problem than we originally thought. I want you guys to check this out, a secret nsa map paid by nbc news in last five years more than 600 corporations and Government Entities have been attacked by chinese hackers so how safe are we . And more importantly why isnt government doing more to protect us . Joining us now former mts senator scott brown, scott, senator brown, 600 we knew these attacks were going on but you look at chai chart and pattern on that chart it is clear that the chinese has specific things that theyre going for, theyre going for Silicon Valley, washington, d. C. And other places that they can obtain information and this is more than just an economic situation. It make me feel very vulnerable to look at that map. Well, certainly charles first of all thank you for having me on, and it is not no secret and secondly, that map is not secret anymore. [laughter] the fact that they have it that it is out is good for the public to understand what is going on so they can take precautions. I can say former senator i was aware of those attacks, i felt and still feel that cybersecurity is one of the new frontier where the next battles are going to be taking place, and if you look at that map, youre right Silicon Valley up in massachusetts, the boston year, hightech biofarmers area and strategic areas in our country so im deeply concerned and it comes from lack of leadership at the top. The president has not made this a priority, and china has you know controls what 1. 4 trillion of our debt, so for the president to go right after the jugular and say listen, you need to stop this, its a problem. Yesterday without any fanfare general county office put out a report on cybersecurity apparently fbi in 2012 was authorized to hire a whole bunch of the cybersecurity experts a whole bunch of engineers they hired twothirds of the amount. Reported litter with mistakes and gas from communications who just have a lack of effort. Why is our government letting us down . Fbi was told go out and hire these guy and they still havent done it. Interesting you say that, i remember about two years ago i got a call from the fbi saying that the north korean cyberscwawrd whatever it was called hacked into my personal files and the like so they did a good job then and grateful to, obviously, deal with it. But the simple fact that we havent made it a priority it seems like were reacting. Were not being proactive in addressing a lot of national security, foreign policy, domestic security, domestic policy issue and reacting versus being proactive so charles you tell me why. It is because ting that president is checked out, and congress is running for the next election cycle, and here we are. And i hope it doesnt, you know, come into dramatic fashion of being a real nightmare. We know it is going to be a nightmare no doubt about it. Joining us right now fox news contradict tore lisa, yesterday fire eye reported earnings in the ceo gave him a conference call, he says that this cold war, new cold war cyberwar has ramped up big time and a feels like were way behind not only china and entities like isis all coming at us. Right it demonstrates vulnerable of russia and cybertri. Case of isis and other jihadi groups showing vulnerability of our sphrawrs. Tied to bigger government or rogue, jihadi groups they know that breaking down our infrastructure will bring the u. S. To its knees. That is where we have all of our vulnerable information regarding the military, that is where indicates of china, theyre after our economy. Theyre after our jobs. Theyre after any sort of technology, information, pharmaceutical information. Thats is why our vulnerability is. As i mentioned before these nations and these groups and these rogue entities they recognize that were not in front of the curve. Were always chasing and wherever theres some sort of emergency like rooter like this comes out, were playing ketchup and trying to say, how can we prevent this. But you know what this conversation were having a bit too late. I hope it is not too late. And senator brown heres the thing according to that nbc report so far this has cost us 300 billion. Now i have to tell you something i think this is a drop in the bucket as to what it is going to cost us to lisas point theyre smart. Theyre taking trade secret, technology secrets, it is absolutely amazing the things that theyve had access to. And then you think more recently we have the anthem breech Personnel Management and United Airlines and experts are saying cobble those together. Office, personal management, United Airlines largest out of dallas. Langley is cia so Economic Sabotage as well as our safety. It is ultimate onetwo punch here. Well, absolutely charles trying to gain any and every Tactical Advantage to beat us economically but potentially have a advantage militarily as you call it espionage or terrorism i think it is a combination of the two. And we have to be more proactive problem with the federal government is theyre not a good stewart of our money. Number two, when it comes to doing advance technological projects theyre so big and cumbersome and slow they havent been able to react to the changing changing technology when it comes to cybersecurity. And thats then throwing good dollars out. Bad dollars after bad dollars thats a problem. And lisa, one of the things that this jao report is complaining that they cant compete against the private sector. I dont know where you are on this. But i just think that they continue to drag their feet. Theres a lack of communication between all of the security forces, by the way, we know going back to 9 11 this is one of the key sources, key vulnerabilities of this country. We have so many entities out that supposed to protect us. But they dont talk to each other. Right theres a lack of communication, and only at times lack this where we see theres an issue and seeing this thing talked about and comprehensive way again bringing together the terrorism with the s fee espionage but trying to tell us they know where we are and they can get to us, and 3 billion as a you said is going to a small fee to pay at this point in terms of covering our bases and making sure that were secure. This is the front or battle field on which we have to now prioritize all of our resources. So yeah, no, been 300 billion. I think number go ahead senator. Charles, you know one thing that were kind of wrestling with is what is the patriot act come in . One hand you have rand paul and others say listen we dont want to renew the patriot act but it gives agencies ability to do the very thing were talking about. So we have to find that balance of respecting our rights and freedoms but making sure that were safe and secure. To that point senator brown i think most americans would be okay with that ultimate powerful patriot act that they knew it was going to be used for common sense stuff. You know, someone from detroit keeps calling yemen over and over again maybe that a yellow if not a red flag. But the idea that i call my cousin in brooklyn and you shake me down or put me under surveillance is dumb. Thats what i dont get. Why wont they we want to give them the power i think were aa trade of testing our infrastructure, theyre testing our electric stolen billions of dollars in property from us. But thats the point. How can we get washington not to use this weapon against us . Well, thats right and morphed into something once a found and credible program is now creepy, and as a result you have the outrage from the American Public and then, obviously, the elected officials are going to back them up, obviously, because it is an Election Year and president ial Election Year. So it is good foughter for our conversation. So i dont disagree with you. Listen, if theres probable cause lets go after a people and make sure they cant hurt us in any way shape or form. Probable cause. Senator brown lisa youre fantastic have a great weekend. Well talk to you real soon. See you soon. It wasnt your imagination thats right your pay check is absolutely stuck in the mud. And now well how can fed think that were in good shape and want to raise the economy . But more importantly how can we get more money in your pockets get more money in your pockets best economic plan. Super poligrip seals out more food particles. Get more money in your pockets best economic plan. 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Now, democrats are offering a socialistic cure that even Debbie Wasserman schultz have trouble defending it last night. First place . I used to think there was a big difference. What do you think it is . The difference is between democrat like Hillary Clinton and socialist Bernie Sanders. Between being a democrat and being a republican. Big difference between a in the and a socialist youre chairman of the Democratic Party between you and a socialist. She was having a tough time let me help mrs. Wasserman schultz out here laid out their demands to go to the website. They say hey we want access to jobs we want livable wages, health care for everyone. Education for everyone, remove student debt withdraw the troops from the around the world, and in the ruling class. I have to tell you something that sounds a whole lot like the democratic platform to me joining us now is ernie and christian miss america 2008 and also stark. Com anchor with us scott brown. Senator brown sorry i divide you too early there. But start with you aaron. I was kind of shocked at Debbie Wasserman schultz had so much difficulty in admitting this is the platform a social pis platform maybe in the Democratic Party wasnt always this way but everything that was on that list something that they brag about or achieved like the obamacare, or things they want to achieve. Tmpleg look, socialism calling something socialist is theres such a stigma tamped to that many. Only reason they want that. I dont believe that the government should control industry thats what socialism is. Fashionism but reading into her ability to answer the question. To say does anyone have questions for my answers, and she is just totally wasnt prepared to answer the question the way that he wanted her to answer and then bullying her the whole time. Can you tell me really distinctly, we hear a lot of the time democrats saying we need to remove student debt, cut it out, forgive it to a certain degree. President obama is one of the crowning achievements is withdrawal of american troopts and refusal to send them back in. Obamacares health care for all. Livable l wages, higher minimum wage, 15 theyve married each other 100 why not embrace it except for the name . Thats mod fern liberalism not socialism it is government control. It is government saying hey, were going to buy the Airline Industry and Purchase Health care institute. They havent even though obamacare that is not what theyve done. And medicaid and medicare. Some of these ideas do look very similar, and it is true that Democratic Party throughout the 20th century at least have shifted a lot in what it believes with the Republican Party and where theyre out was born out of Teddy Roosevelt progressive party. Socialism can be a dirty word and americans are afraid of it that is why theyre saying were not socialists we believe these things and promotions they want to believe those things but democrats disagree with republicans on the mechanism for growth. Democrats believe it is government. Republicans believe it is stimulating the free market. Senator brown would ask you to break the tie herl. [laughter] lets face it well it almost doesnt matter what the labels are we know that what were being americans are asked to choose from are bigger government making a lot of decision frustration you and taking from the socalled rich and maybe somehow giving out to the poor. First of all, we know bernie is a socialist. He is not shy about it. Hes an independent but also has said that hes a socialist so to hide from that and fact that hes gaining such popularity i think is reflective of the Democratic Party. Where they, in fact, want bigger government theyre trying to shift wealth. They are wanting more of less control with the individual private sector, and more of the government control. So it is interesting to watch and will listen to bernie now oe campaign trail having served with him for three years. Rhetoric hasnt changed that is one thing i do respect with him. I dont agree with a thing that he says but he is what he is. He believes what he believe it is. Just nothing that elbow i believe because guess what in New Hampshire independents are playing in the republican primary and a democrats traditional far left democratic stay home and vote and theyre voting for Bernie Sanders thats trouble for Hillary Clinton. Bernie sanders is saying hey, im a socialist and everyone running on the same platform you have to be a socialist too. Hold it right there. Bird that carries zeusss thunderbolt to the internet wait until we tell you about it. Next. This is huge, i dont know if you saw this, but facebook and theyve unveiled this new superdrone and it is designed it to connect four billion people around the world to the internet, take a look at this thing it has the wing span of a 747 it is a kila internet speeds ten times faster than current technology. Kurt joins me right now. This is such an ambitious project from facebook that, you know, the idea of gaining internet through the entire world. Whats behind it . All right charles. So heres the deal on heels of Mark Zuckerberg under criticism for facebook spending going up 82 over the last year in this last last quarter reporting. Driving the stock down theyre showing some evidence here of where their money is going an ambitious project. Theyre trying to reach what are essentially two and a half billion people around the globe who do not have regular mobile access to the internet. This thing will go up, this giant plane, drone, powered by solar panels lifted by balloons to altitude of about 90,000 feet. It will sit there for about three months until it comes back down. All along being unmanned and simply beaming internet via lasers back to the earth picking them up and trance mitting them to other places acting like a satellite would. Heres the thing, though, kurt, they say that they dont have any intention of becoming an Internet Service provider. But once you get a bunch of these things up and you can actually beam internet all over the world, why deal with cable xeangs, why deal with Internet Service provider when is they themselves can be, in fact, become that . Is this something that industry should be worried about if im a cable official, Cable Company i start to worry about this a little bit. And you might and should. Ill tell you why facebook has a pretty good discipline mark is pretty good with a discipline of their fundamentals of facebook essentially connecting friends and family together. What does that mean . It is so broad encompassing indeed it does then serve the interest of this type of project. And yes indeed if this works, and it becomes cost effective, why wouldnt they get into the business of providing internet at that point . It would make complete sense, and at the same time the more they can get their content out there since theyre a monetized through advertising the more money theyre going to make at facebook. I want to ask you talked about them connecting friends and a family theres internet. Org a part of this, but some are saying that it is exploiting poor people sort of like a charity but all theyre doing is ramming this down the throats of others, and by the way they dont allow other providers on their services. So theyve got is that an accurate krit sesm perhaps theyre exploiting the world is poor with this . You know, i dont have an opinion that goes either way. Simply because there hasnt been any substantial effort put into this that has rocked the world yet. Would it . Absolutely. Will it . It depends how much energy gets behind it there arent a lot of partners beside that type of project so, you know, future will weigh in on that one. Kurt or cyberguy we appreciate it. Have a great weekend. Charles you too. Isis you guy theyre winning our efforts to stop them havent worked. Surprise, but guess what hillary is coming to t

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