Transcripts For FBC Risk And Reward With Deidre Bolton 20180

FBC Risk And Reward With Deidre Bolton January 8, 2018

To work out too well for the farmers. Liz well, as the washington, d. C. Beltway swirls to talk about steve bannon, a book, and russia, President Trump put all of that aside and took his talk of his policies, his agenda to the heartland, to his base. Farmers in nashville, tennessee to those men and women he called today the forgotten crowd hurt by the dc swamp. Telling them quote you are not forgotten anymore and the tax cut agenda, you heard it right there. He said, oh, are you happy you voted for me . This is the first time in 25 years the sitting president has spoken to the America Farm Bureau federation and almost all of the other networks did not take his speech live. We got the live updates on the president s speech tonight. Plus, a lot of people to react to it. And to the deep state probe at the fbi, banks finally handing over fusion gps bank records to the house intelligence panel. Fusion is a firm behind the antitrump file. The new documents could possibly show things like whether or not former fbi director james comey authorized anyone at the fbi to help pay for that file and whether journalists including dc journalists are on the fusion payroll. Were going to break it all down. Plus reports, iphones dangerous to children. Two big apple investors behind a new campaign against apple in that front. Well have more on what the giant pension fund calpers says is a growing Public Health crisis. Young people addicted to iphones and smartphones. We do have an allstar line up for you of guests including former reagan economist, and a lawyer who won the case against nsa surveillance. Hes larry claman. Harvard law professor Allen Dershowitz and the famous dr. Mike all here tonight. Politics and money we have you covered. Welcome to risk and reward im liz macdonald. The s p and nasdaq closed at record highs while optimism in the economy still there. More on that in a second. But first, President Trump speaking to farmers in nashville, tennessee. But how his agenda will impact Rural America and the middle class. Its farmers and Rural America that helped get the president elected. But while fox news took the president s speech. Cnn, msnbc, and other networks decided to skip it. Dr. Art Law Enforcement officer, good to see you. Good to see you. How are you . Liz good. What did you think ofs speech . I thought it was great. It was great that it was here in nashville. We people in nashville deserve some great credit, and he came here for us. Its super. Liz you know, earlier knows how to speak to the american people. Its amazing. Liz i hate to say this. I dont want to be a cliche call it a barn burner of a speech but there was a lot of applause, and he has talked personally about 401 k s, and i think this is what were going to show you. He added how a Police Officer came up to him and says thank you for my 401 k . Lets listen. Trump i had a policemen in new york come up to me and said mr. President i was shaking hands. Do we love our police and our uniform . [applause] and he came up we were taking pictures and nice event. And he said, sir, i want to thank you for my 401 k . I never thought in terms of this way. I said i think im going to use this every once in a while. He said my 401 k is up 39 . Its so good my wife think so im dont forget this is in, like, nine months when i met him. Said my wife think so im an investment genius. Thank you, sir. Thank you. [laughter] and i said you know what . Based on the stocks, 39 is not that good. Youre not really doing that well. Dont tell your wife that. Liz you see how he took care of a political point, art . He says especially cops, teachers, firemen, market workers, their pensions are flowing higher. 7. 3trillion in market wealth since elected. What was your reaction to that . Well, thats just fantastic. This is the indicator of things to come. Remember the stock market doesnt tell us what has been. It tells us what will be. And with that market rocketing up like that, youre bound to see a much faster growth, much more employment, all of those things are going to happen, and he is hitting those buttons just perfectly. I mean especially here in nashville. Did you notice he didnt talk about that silly book at all . He talked about economics. And thats great. He had the next senator of the United States marsha blackburne there and the governor of the state of tennessee diane black there as well. He had all of our sort of power group, and it was just i thought he did a great job, and i wish he would come to nashville a lot more. Liz you know, art, we keep track of what the other networks are covering. It was all about russia, the book. Nothing about policies. Dc is supposed to be a factor of policies. Lets get to the president today warning farmers if democrats win, they will take back their tax cuts saying today people literally came up to him thanking him for his agenda that he literally is saying the farmers tell us you gave us our farms back. But we want to show you democrats fear mongering about the tax cuts before the pass. Heres what they said. Watch. The republican tax plan will be full of tricks for the middle class and full of treats for the wealthiest americans. Theres going to be a middle class tax increase. Devastating and in my view immoral budget to fast track their moral tax plan to hand trillions to the wealthy while raising taxes on the middle class. Taxes will be raised on middle class families across america. Wealthy americans, big, fat Christmas Present for you. Tiny tim . Were taking your crutch away from you. And all the other kids in this country, and were putting a lump of coal into your christmas stocking. Liz art, whats your reaction to that . You know, it just saddens me very much. Its just straight wrong. I dont know of one economist who would say stuff like that ever. And this political pandering in it. Im very sad because they should be working with us, liz. And this is what we need is a bipartisan pro growth agenda like John F Kennedy was. Like bill clinton was. You know, they were great president s, and they had great economic policies. And now the democrats have gone and off the ranch are just crazy. I dont understand it, even barack obama said that we had to cut the Corporate Tax rate dramatically, which is what trump finally did. I dont know why these guys are saying this stuff. Liz Elizabeth Warren said you need Corporate Tax reform, so did bernie sanders, so did, you know, joe biden, john kerry and, by the way, Chuck Schumer voted for the reagan tax cuts. I know. Liz but the president said today in nashville, tennessee to the farmers we are getting 3 growth. That was not supposed to happen. Jobless rates including for africanamericans are at record lows. Its true thanks armageddon . Is armageddon when 100 companies 100 companies, art, plowing the tax cut back into operations or millions hundreds of millions in dollars of bonuses. Well, just so you know, he was here today in the fastestgrowing state in the nation. We have no income tax, we have no unearned income tax, we have low property taxes, we got rid of our death and estate tax totally here in tennessee. Weve got about the lowest tax burden of any state, and were growing the fastest. Duh. I mean, we are the example america should be following. We are the place. Weve got way big improvements in schools, education here, our highways are improving dramatically, and we have all of our Pension Funds are fully funded. I mean, the highest Credit Rating of any state in the nation. This is what america should be like is tennessee, and im glad he came here, and he gave that speech. I wish he would have given the one. Were going to make america like tennessee, which is fast growing, low tax prosperity, which even the democrats should like that. They really should. But i dont know whats wrong with them. But theyve gotten off the track, liz, and i dont know why. Liz we were just showing the president addressing and shaking hands outside the speech. Hes getting ready to board again air force 1. Hes going to attend a College Basketball game tonight. Art, the dc media is all about the Mental Fitness of President Trump when 7. 3 trillion in market value has been added since the election. And didnt people also underestimate Ronald Reagan . And Ronald Reagan won two elections in a landslide. This is about policy. Which policies are going to get the candidates elected; right . Yeah. Clark clifford referred to reagan can you believe this . As the dunts. I mean, that was the description of reagan. And then of course clark es career crashed on that. What you want to now do is look at the fiscal fitness of america, which is improving by day. We added 7 trillion to the wealth of america and the stock market, were going to have our budgets coming back towards balance, revenues are going to start increasing. Theres one thing that causes revenue growth, elizabeth, and thats Economic Growth. I mean, tax revenues grow with the economy. And thats what we need to do. Just like tennessee does it. Liz by the way, i want to correct myself. The president will be attending a College Football game tonight. Please forgive me, dear viewer viewers. Liberal economists, by the way, hes a lawyer, not an economist. Its robert. And billionaire tom stire and other socalled experts have put out video saying you know what . Art Law Enforcement officer, youre all wrong. Trickle down economics doesnt work. I want you to take them on. Lets listen first. Trump and conservatives in congress are planning a big tax cuts for millionaires and billionaires. Theyre using the oldest song in their playbook claiming tax cuts on the rich will trickle down to working families in the form of Stronger Economic growth. Bologna. Tax cuts for wealthy people havent helped anyone but wealthy people. There is no trickle down. The truth about trickle down economics is it doesnt work. Liz sorry. Firstly, these guys are really annoying. I said this eight years ago in 2010. The era of trickle down government did not work. Now were getting double the growth that was under obama. Trickle down under obama didnt work. Whats to prove that you have, art Law Enforcement officer that trickle down economics as they call it. I dont know if you would call it that. Works. The two best periods in history, recent history are jf kennedy with massive tax cuts on the rich and Ronald Reagan with massive tax cuts on the rich. We had Economic Growth like mad the poor got jobs. I think reagan since the tax cuts took effect, i think we created 20 million jobs. We had huge prosperity and with bill clinton, he cut taxes a lot as well. People forget he did raise top highest two brackets, but he cut taxes everywhere else. The Capital Gains tax. He eliminated Capital Gains tax for Owner Occupied homes. Thats amazing. He cut taxes on the Social Security recipients, on those people, the elderly. Its just amazing. And what happened . The economy prospered like mad. Where are their examples . They want to look at how well obama did. Hello. How well w did . Not. And then the four stooges. I love johnson, nixon, ford, carter. The largest bipartisan ignorance ever put on planet earth, and they allowed stuff in the economy, and it took reagan to bring it back again. These guys dont see. Cant see the finger in front of their face. Liz you know, when you have facts; right . Facts matter. But if you set aside the facts, then youre just an ideologue. They say these words like fat cat riches. Thats stupid. You cant love jobs, elizabeth and hate job creators. If you make it attractive for job creators to hire people, youre going to get better wages, better growth, better output, better income. These people have something to do with their time developing skills and advancing their families. Thats all we want. And if you want one good example, compare new york with florida or compare tennessee with kentucky. Kentucky runs their model. Tennessee runs our model. Which one works . Ours works, theirs fails. And you can see it in economics. You cant tax an economy into prosperity. Forgive me for saying that, but you cant. Liz you know, i often call you dr. Art laughter by accident. I didnt get you laughing tonight, but youre terrific. I love laughing, by the way. Its fun. You know, if you let this stuff get to you, elizabeth, it will kill you. But if you just enjoy it, its great. Good economics and humor go well together. Liz well, you look happy there. Good to see you, art. Good to see you. Liz heres more from President Trump today talking about how his agenda is literally helping to rescue farms. Helping the little guy keep their businesses out there in Rural America talking about how the dc swamp quote regulatory assault hurts the little guy. Its the narrative the liberal left often refuses to acknowledge. Lets listen. From now on most family farms and Small Business owners will be spared and youre going to be spared, and it really is the word punishment of the deeply unfair estate tax known as the death tax, so you can keep your farms in the family. [applause] liz next guest is a farm owner herself. Little guy farmer who the president is reaching out to today. Were bringing in Virginia Farmer and top policy adviser to America First policies shes martha. Martha, msnbc, cnbc, bloomberg, a lot of Mainstream Media did not take the president s speech today. Whats your reaction to that . Its unfathomable. America farmers are the backbone of america. The heartbeat of america. And to not report on this historic day in American History celebrating the American Farmer, its hard to imagine that. You know, our American Farmers are the greatest in the world. And Donald Trumps plan for america that has been neglected. Its one of the most overregulated sectors in our country is going to make our farmers even more competitive. Liz yeah, i want you to talk about that. I mean, how its the most one thing most unregulated sector. The president calls the farmers and the little guys the forgotten man and women. The silent majority saying youre not forgotten anymore. But when you would hear the liberal left and people on the left talking about it, again, we go right down there middle. Were going to report both sides. Theyre saying farmers are big corporate america, theyre really rich, they dont need state tax cuts and things like that. Whats your reaction to that . You know, the small family farmer struggles literally to survive. The overregulated, overburdened with jobkilling regulations that make it very difficult to survive. And, you know, over 75 of Rural America in the farm belt voted for donald trump and thats because we believe and the American Farmer believed in his vision for deregulation and tax cuts that have that will really make a big difference in farming in america. You know, the greatest preservation for agriculture is a robust economy and agriculture industry. And under Donald Trumps plan for rule america, we will have that. Liz thats where a lot of manufacturing jobs too, highpaying ones. President trump also signed an executive order today to help Rural America get the internet to places where they cannot get access to the internet, meaning more broadband. What was your reaction to that . It is such a day of celebration in Rural America today. The bringing broadband, technology, infrastructure to Rural America will change the future of agriculture and everyone is celebrating in the farm belts, and its with good reason. Farm country is god country. Thank you, martha. Represent a Little Farmer guy out there. Good to see you. Come back soon. We love having you go on. Now to the deep state probe in dc. Td bank giving over bank records for fusion gps to the house intelligence committee. The bank records could show basically dozens of Financial Transactions and whether anyone at the fbi when it was run by james comey paid fusion for that antitrump file. A lot of questions here. Were covering it all. Plus, reports that the Justice Department is reopening the investigation into Clinton Foundations pay to play. Plus, Hillary Clintons email server problems. My next guest says you know what . Watch out. Theres a lot of story angles here that is not being covered. Were going to cover them next. Freedom watch founder larry claman. 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