Transcripts For FBC The Evening Edit 20240714 : vimarsana.co

FBC The Evening Edit July 14, 2024

The democrats failing at scoring political points on a border crisis they did nothing to fiction and they helped create. Criticism is growing about the democrats poor debate performance and their support of policies voters dont want. Democrats showing voters why politicians try so hard to get reelected. Because they would hate to have to make a living under the Big Government plans they want. Many questioning the democrats finally jump a shark . Showing voters they are not fift they are not fit to goves many contenders hit potholes. Former irnd counsel ken starr will join was a scorecard on capitol hill chaos. Robert mueller will testify before lawmakers in just a couple weeks. Im elizabeth macdonald. The evening edit starts right now. Lets get right to Edward Lawrence in japan with the latest on the g20 and that big meeting. President trump has held a jump of big meetings here. The president was asked a question about in the bilateral meeting would election meddling come up. The president s response was almost joking. President trump has met with six of the nine World Leaders he plans to meet with at the summit. The big one coming up with president xi jinping. They will Work Together to see if they can restart the negotiations. The two delegations met yesterday to set the stage. The chinese are planning to tell the president that all tariffs must be rolled back and restrictions on huawei must be lifted. And then go forward with the last 10 negotiating in good faith. President trump optimistic. I think we have a very good chance. Well see what happens. Ultimately something will happen. Good things happen. Reporter trade sources say the bar has been lowered for the expectations for this meeting because both sides seem to be digging in. Thank you so much. Towvment s. Markets closing sat highs not seen in decades . Even after digesting all the confusing headlines answer reaction to President Trump working to fix problems with china. In other president has done this much with china as President Trump has. Monday the markets will react. If there is a deal we may see a sigh of relief rally. But the economy and corporate profits are coming inning strong. Lets bring in derek scissors. U. S. Markets are solid under President Trump. Average rate of return 13 a year. Under chinas president xi just a third of that, 4 . Is President Trump in a strong position . I think he is. Thats why i hope we dont give in to demands removing the tariffs and back off on huawei. They continue to steal and coerce and subsidize their firms. We cannot take their word for it at this meeting or anywhere else. We need a way to enforce their promises to us. There are tariffs and other sanctions we can take. But we shouldnt be dropping our enforcement. Liz china has enjoyed the biggest wealth transfor the. Do you think this president should go even tougher on china . We started to do that last week by putting sanctions on Chinese Super computing companies. The chinese are trying to steal advanced american technology. Thats something that needs to stop. That doesnt mean we need to stop all trade with china. We dont mind. But the theft of advance technology has to stop as the first condition. Liz what do you do . Do you sanction . There are chinese firms that receive advance technology. We should name some of them in telecommunications. The Telecommunications Industry started off with theft. You say if you are a good chinese firm and arent stealing Technology Well do business with you. Liz , is china breaking down in the face of those humiliating protests in hong kong . Does the chinese president need to avoid further confrontation in President Trump has respected xi jinping. He stayed silent during those protests. It would not be helpful for President Trump to talk about how, you know, all the problems china has, well clobber them and bury them. The style is not what matters here. Its the outcome that matters. If we get a better outcome with the chinese, thats the best choice here. The president has chose to keep quiet on the hong kong protests. We are heading towards a good outcome and thats a justified choice. Liz President Trump at the g20 says there will be big trade deals with india and japan. We had a joint meeting with as you know, as the press was there, we had a successful meeting with Prime Minister abe. And we also are going to be announcing some very big trade transactions and trade deals. They are moving many auto plants into the United States. And they announced that this morning and we are happy about that. Liz what could you think, derek . I would much rather have a trade deal with japan than china. Its a treaty ally of the United States. I think its great news that we could have a deal with japan. I think it will happen later in the summer, not the next few days. But it would be good for the country, not just the stock market. Liz thanks so much for coming on. This monday will mark the langest expansion in u. S. History as the dow is having its best june since 1938. And the nasdaq, its best june in a generation. Your 401ks and pensions are looking pretty good. Gerri the dow up 73, the s p and the nasdaq up. A technical factor. Financials the best performing sector today because 18 banks aceed their stress test. But the focus is and remains trade. The president meeting with xi jinping in japan. Meanwhile, boeing 737 max likely grounded until late this year. Some 500 planes will be idled longer than expected. The potential failure of a flight computer chip. Liz, back to you. Liz democrats in open civil war. But they are also showing political incompetence over a border aid bill that they finally signed off on that the president has wanted for months. The democrats trying to score political points over a crisis they suddenly say is real after months of denying it, saying its phoney as thousands continue to cross daily because the democrats are signaling the immigration laws wont be enforced. 2020 democrats are trying to win the white house while trying to trash the trump economy. Why democrats are the gang that cannot shoot straight. All Money Managers might seem the same, but some give their clients cookie cutter portfolios. Fisher investments tailors portfolios to your goals and needs. Some only call when they have something to sell. Fisher calls regularly so you stay informed. And while some advisors are happy to earn commissions whether you do well or not. Fisher investments fees are structured so we do better when you do better. Maybe thats why most of our clients come from other Money Managers. Fisher investments. Clearly better money management. Liz main developments at the Supreme Court on dreamers. The hundreds of thousands brought here illegally as children. Reporter the 9th the nine Supreme Court justices will hear arguments about daca for one hour next term. President trump said in 2017 he wanted to get rid of daca, the program to allow some children of undocumented immigrants to stay in the United States later. The lower courts said the president had no authority to do so. Now the Supreme Court has agreed to hear what the president has to say about getting rid of daca. Those dreamers live in limb doe bow. They have been in limbo for some time. There was an effort to retool the program in congress. That never happened. The votes just were not there. The kid of these immigrants, the dreamers, they are waiting to hear what the Supreme Court will do on daca. Those arguments are set to begin next term, the first monday in october. But the specific daca case has not been schedules as of today. Liz open fighting between democrats, the progressives and the centrists after nancy pelosi and the House Democrats passed the Senate Version of a 4. 6 billion border aid bill. Nancy pelosi defying the progressives saying in order to get the resources to the children fastest well reluctantly pass the senate bill. This as pete buttigieg, harris, hicken leerp and william son toured a facility for Illegal Immigrants earlier today. Why didnt the democrats visit these facility last year or under obama . Its not because they werent asked. I have been down to the border four times since december. And quite frankly, every time it was all republicans. And i know some of the democrats were invited. Of course, during that time we kept hearing they would say this is a manufactured crisis. This is not really happening. Now their own constituents. Public opinion is turning on this thing. The average american know we can no longer sustain 100,000 plus coming in illegally. We spent in excess of 260 million on healthcare alone with i. C. E. I believe that was from last year. We can no longer continue to take these kinds of numbers in to educate, to medicate, and sometimes to incarcerate these people, we just cant seem to do that. The president is using every tool at his disposal. But we have to have interior enforcement and start deporting the ones who already have orders for removal and the democrats are pushing back. Liz who said this. Do not send your children to the boarders. If they do make it, they will be sent back. Our mess and absolutely is dont send your children unaccompanied on trains or through a bunch of smugglers. That is our direct message to the families in central america. Do not send your children to the boarders. If they do make it, they will get sent back. Liz that same year he held a nationwide televised address in the rose garden. He said we must stop the flow of illegals, speed deportation when illegals break the law and must be held accountable. I dont remember the democrats comparing president obama to hitler and saying he was locking kids in cages. All of these socalled scaidges and infrastructure was put in place by previous administrations, including President Trump. Yet they demonize President Trump for trying to do his job and follow the law. If we cannot deport those illegal people who have come into this nation who have had their hearings adjudicated and have orders for deportation. If we cant deport those people, we cant deport anyone. If we dont start deporting those already on and have the orders to be removed, then we are never going to stop or slow down the influx of these people. It was 200,000 last month. Liz we are a humanitarian compassionate nation. We help the poor as best we can. There is Something Like 18. 5 billion a year already spent by american taxpayers on illegal healthcare. But when asked at the debate who supports giving healthcare coverage to illegals, watch. Raise your hand if your Healthcare Plan would provide government funded healthcare to Illegal Immigrants. Liz many of these same democrats said no to that when they supported obamacare. We are talking Bernie Sanders, kirsten gillibrand, elizabeth warren. Obamacare does not provide illegals coverage. And in 2017, the same thing. Your take on that . The Democrat Party has gone so far to the left, they are trying to outdo each other in giving away the american taxpayers money. If they would only treat the american citizens as well as they treat the illegals, many of whom are criminals being shielded in sanctuary cities. I think the democrats will pay a big, big price for this in 2020. Liz americans can barely pay for their own health coverage. Maybe americans will have to work two to three jobs just to pay for all this. Kamala harris keeps complaining about that. The democrats want all this. How are you going to pay for it, sir . You have to raise taxes. We have seen in the debates, there are several of these candidates who said yes well have to raise taxes a little bit. I dont think it will be a little bit. To do medicare for all, which is a socialization of our entire healthcare system, that will be a 32 trillion price tag. In the green new deal, thats 93 trillion. The schemes they have to give things away, free tuition to college, you name it, there is no way we can afford to do this and have a solvent sovereign nation. Liz thank you so much for coming on. We are following other stories coming in. The convicted pharma bro is asking a judge to overturn his conviction. Martin shkreli claims the trial judge improperly instructed the jury who convicted him last year. To the disgraced founder of the blood testing firm thats failed, we are talking elizabeth holmes. We finally got a trial date. Its set for august 4 of next year. She is accused of a massive fraud. Indicted by a grand jury on 11 counts of wire fraud and conspiracy to commit wire fraud. To the actress Lori Laughlin and her husband both pled not guilty to paying a half Million Dollar bribe in order to get their doubt materials admitted to usc as part of the crew team. The couple is pushing back on prosecutors who want the couple to fire the lawyers over the conflict. Now to the drone attacks on a major pipeline. Puvment s. Officials say those attacks were launched from southern iraq. Likely by an iranianbacked militias operating in iraq. Those drone attacks came two days after four vessels were attacked. Hit with explosives. If you have 65 million to spare for a summer house once owned by jackie onassis. The former first ladys daughter Caroline Kennedy put her mothers former house on the market. Its spread over 340 acres. Monday, america will make history. The longest economic expansion in the history of the country as democrats continue to commit political malpractice by under caughting all that. Capitol hill is guy cut but not for long. We know many lawmakers have bolted for a long weekend. Robert mueller is coming to town to testify soon. We have the scorecard with ken starr and if this will backfire on the democrats. Liberty mutual customizes your car insurance, so you only pay for what you need. Liberty. Liberty. Liberty. Liberty. Its a revolution in sleep. The sleep number 360 smart bed is on sale now during our lowest prices of the season. It senses your movement, and automatically adjusts to keep you both comfortable. It even helps with this. So you wake up ready to hit the ground running. Its the lowest prices of the season. The queen sleep number 360 c4 smart bed is now 1299, save 400. Plus, 0 interest for 36months. Ends saturday. Sleep number. Proven, quality sleep. Were on the move. Hey rick, all good . Oh yeah, were good. Were good. Terminix. Defenders of home. Back then, we checked our zero times a day. Times change. Eyes havent. Thats why theres ocuvite. Screen light. Sunlight. Longer hours. Eyes today are stressed but ocuvite has vital nutrients to help protect them. Ocuvite. Eye nutrition for today. If his denture can cope with. A steak. Luckily for him, he uses super poligrip. It helps give him 65 more chewing power. Leaving brad to dig in and enjoy. Super poligrip. There are roadside attractions. And then theres our worldfamous onroad attraction. The 2019 glc. Lease the glc 300 suv for just 459 a month at your local mercedesbenz dealer. Mercedesbenz. The best or nothing. Li the debate analysis continues to pour in. Critics saying political malpractice by the democrats trying to slam the economy with the longest expansion ever. Democrats accused of jumping the shark, showing they are not fifth to govern saying zero about massive miss use of our misuse of our money. You will have higher taxes to pay for coverage for early legals by democrats were against when they voted for obamacare. Obamacare does not allow for that. Lets bring in the wall street journal board member, bill mcgurn. I thought from democrats the greatest menace was Vladimir Putin and russia. It turns out to be the u. S. Economy. Not a single positive word for the private economy. It treats every company as thousand asthough its predatord squeezing its workers. People are feeling it. Liz Kamala Harris flipflopping. Watch her say this. Once and for all, do you believe private insurance should be eliminated in this country. I dont. The question was would you give up your private understand for that option and i said yes. You heard it differently than others. Probably because thats what i heard. Liz thats hair splitting. This is the democratic problem. They are all with people of similar views, at odds with mainstream america, then they say nutty things and then the next day say i have to walk it back. Liz Bernie Sanders never answered questions, he just argued. He refused to answer how a single payer plan has worked even in his home state of vermont. It has not succeeded in other states. Well do it the way real change has always taken place whether it us the labor movement, the Civil Rights Movement or the womens movement. Well have medicare for all when tens of millions of people are prepared to stand up and tell the understand companies and Drug Companies that their day is gone. Healthcare is a human right, not something to make huge profits from. Bernie was left of obamacare from the beginning. Wasnt obamacare designed to solve all these problems . Now they are saying if you like your private understand you cant keep it. Liz Kamala Harris dodging the question about how to pay for her government plans. This president walks around talking about and flouting his great economy. You ask him how are you measuring the greatness of this economy and he talks about the stock market. Thats fine if you hold stock. So many families in america do not. Where was that question when the republicans and donald trump passed the tax bill. Working families need support and need to be lifted up. Frankly this economy is not working for working

© 2025 Vimarsana