Transcripts For FBC Bulls Bears 20240714 : vimarsana.com

FBC Bulls Bears July 14, 2024

Beat us at the ballot. Theyre not going to win the president ial we have great polls, great internal polls, ohio, iowa, pennsylvanias looking north carolina. We just won two races that a lot of people thought we were going to lose both those races. One was down 17 points three weeks before the race and he won by a substantial margin, by a substantial margin, dan bishop, and he was up 1 or 2 points and he ended up by what was it, 25 points or some incredible. I will ask you folks because i dont want to be inaccurate otherwise i will have a front page story. We have breaking news, trump exaggerated but he won by many many points. He was leading by maybe two, maybe three, but he won in the 20s. So its been so were looking great in north carolina. Were looking great in florida. You had one or two congressmen, democrats listen say we cant beat him at election, so lets impeach him; right . Didnt you hear al green, hes a real beauty, that guy, but he said very distinctively, it was all over the place, i dont know if they are trying to lose the tape i guess, essentially he said we cant beat him, lets impeach him. Thats pretty thats pretty dangerous stuff. Steve, go ahead. Thank you, sir. You had expressed some concerns about the precedent of releasing the transcript. Why did you go ahead and do it because i was getting such fake news and i thought it would be better. Now they are asking for the first phone conversation. I will release that too if it is important to you. Because i had a conversation on a previous election plateau that he had hit, the current president hit a couple of different plateaus, and i spoke to him previous to the call that we released which was a very innocent call, very very innocent, very nice call. He wasnt pressured at all, but i dont like the concept of releasing calls because when a president or Prime Minister or king or queen calls the United States, you dont like to say gee were going to release your call to the Fake News Media and they are going to make you look like a fool. What happens is it is hard to do business that way. You wonder how feel people comfortable, so i hated it, but you folks were saying such lies, such horrible things about a call that was so innocent and so nice. In fact, Lindsey Graham said to me when he read it, it was very interesting, hes a smart man, he said i cant believe it, i never knew you could be this nice to a person. He said i cant believe it. He said i didnt think you had that in you to be so nice. I was nice. Im nice to a lot of people. People dont understand that. He was shocked it was a nice call. He said there is nothing here. I dont like the precedent, steve. I dont like it where youre dealing with heads of state and to think that their call is going to be released, but i felt that and, you know, we spoke to ukraine about it. Mike actually called up his counterpart and we spoke to ukraine about it because we because if they didnt want us to do it, they would not have done it, but he actually said that was a very innocent call. You can release it all you want. Are you now braced for a long impeachment saga . I thought we won. I thought it was dead. It was dead. The mueller report, no obstruction, no collusion. You look at all of the things that happened, Cory Lewandowski was fantastic the other day as a person that they have been tormenting. You look at all the people that theyve tormented, all the legal fees. People came here with bright eyes. They wanted to make life so great for other people, and they left where they spent hundreds of thousands of dollars in legal fees that they didnt have, and its a sad thing. What these democrats have done to ruin lives is so sad. I have seen people with only good intention, they came to washington because they wanted to make the United States and the world a better place, and they went home, they were dark. They got hit by mueller subpoenas. I think there was 2500 subpoenas or some ridiculous number, 500 people were interviewed and yet they dont interview joe biden and his son . If youre a democrat, you have automatic protection. Thats years and years of people putting in certain people into positions. But when you look at all of the all of the trauma that these fakers have caused, and the press, look, the press much of the press is not only fake, it is corrupt. These stories they write are corrupt. Theyre so wrong. And they know that. It used to be i used to get press until i ran for politics. I used to be the king of getting good press. I was very good at it. They covered me well for what otherwise i probably wouldnt be here, and once i ran, i said, boy this is incredible. But if you see the way they treat my family, used to be treated great. My family works so hard. The people that work with me, these people, all of these people, they work so hard, theyve done such the greatest economy we have ever had. We have a military, 2 1 2 trillion dollars. Weve rebuilt our military. You dont hear the vets complaining. We got choice approved that couldnt be approved. But when you see what happened with the viciousness, and when you see little adam schiff go out and lie and lie and stand at the mic, smart guy by the way, stand at the mic and act like hes so serious, then he goes into a room with nadler and they must laugh, they must laugh, but it is so bad for our country. People have said rush limbaugh, great man, sean hannity said it, a lot of people have said it, mark levin, they said they dont know if one man, anywhere in the world, all the men they know, or women, that could handle what i have had to handle. I think thats true. But i handle it. To me it is like putting on a suit. All right. How about one more question . Question on the economy. A question on the economy. Go ahead. Go ahead. Hi, mr. President. From venezuela. Wow. How are you doing over there . Pretty bad, our situation. I would say pretty bad, yeah, it is sad. But we are fighting. It was one of the great countries and one of the richest countries not so long ago, 15 years ago. It is incredible. We are going to make it. I agree with that. And were helping you. Yes. Were helping you. Yeah, i know and thank you. Go ahead. I have two questions. Russia and north korea, two of the most antagonist nations in the u. S. Interests, what can be done to contain these . What are they looking for in that country . They say the russians with willing to negotiate. This is one question. And the other, mr. President , you say that the socialists is one of the biggest challenges, you say yesterday in the united nations, but the region is far from safe. Maduro is still a dictator, full in power. [inaudible]. Are you worried about it . I just say that socialism will never happen in the United States, cant happen in the United States, and venezuela unfortunately i have to use your country as the example of what socialism can do, how it can tear the fabric of our country apart because i know a lot about venezuela. I have had many many friends of mine come from venezuela. They live many in miami, certain section of miami because they will say im thinking about my business and im not. They are fantastic people. They voted overwhelmingly for me. They like what ive done for venezuela. We have venezuela very much in our hearts and sights and were watching it very carefully. You know what i would say . Were giving millions and millions of dollars in aid, not that we want to from the maduro standpoint but we have to. People are dying. They have no food. They have no water. They have no nothing. They are dying. No medicine. The hospitals are closed or dont even have electricity. It is so sad to see. Let me just say that we have it under control. Were watching it very carefully, and were going to be very very were watching it very carefully, including other countries that may or may not be playing games. Were watching it very carefully. But do you know if russia is talking with usa or what can you tell us about it . Put this in the back of your mind. It is all going to be fine. We know everything that you said. It is all going to be fine. Were very much involved. We very much know whats going on. Okay . Thank you all very much. Thank you. Thank you very much. David wrapping a press conference at the united nations, its been quite a week to say the very least. Not only did he have a full schedule at the u. N. , but then of course all the inquiry with regards to the ukraine. If you can see a president who is always on the move, who always has tremendous energy, this was one of those moments where he seemed to have a little less energy, but you think of whats happened, just in the past three days. You can understand how draining it might all be on him. Thank you for watching. This is bulls bears. Im david asman. Joining me on the panel today we have carol roth, steve forbes, Gary Kaltbaum and zachary carabell. We have Kristina Partsinevelos who you might have heard at the press conference. She will be joining us. You might have heard her ask a couple of questions to the president. Steve forbes, your opinion on what we just heard because again you heard very low talking president. Hes usually a lot more animated at these pressers than he was today. Im wondering how much of all this is pressing down on him right now. Well, as you point out, sheer fatigue, but for somebody who has been going through what he went through, that was an impressive list of countries he listed hes had an interaction with the last 72 hours, that was quite feisty. Most of us would be snoozing off like his commerce secretary did during his speech at the u. N. I didnt think it was a bad press conference at all. I thought he hit back and dealt with the impeachment thing, and then i loved how he asked for an economic question. He didnt get it, but he asked for it. David Kristina Partsinevelos is there for us. You got two questions, good for you. If you are counting, it was three. I had to correct you on that one. China trade because we had this news came out today, the president said progress has been made. Its going to be sooner than expected. You saw the up tick in markets, and yet we want to know why is this narrative different all of a sudden. What was the determining factor . Then i followed up again, give me some specifics, please, i should have said mr. President , but i didnt. Unfortunately he wasnt able to say what was different this time around, and that seems to be the continuous circle that were going through. China needs a deal. China needs to go through this because they are losing millions of jobs. They are losing millions of dollars. The economy is coming here. The jobs are moving here. Yet we arent really moving forward with it. That was the first part of that question. The second one, because we are a business hour, we need to focus on trade. Thats what moves the economy right now. Usmca, we know the president earlier today talked about nancy pelosi and if it doesnt pass through congress, its her fault because she may not have time to sign it because of the formal impeachment inquiry, but again, i wanted to know, if umsmca doesnt usmca doesnt go through congress, does that mean goodbye nafta . That will be a huge deal because of the trade passing through our borders with canada and mexico. These were questions i was hoping to get more specifics in terms of answers. Nonetheless he did answer and afterwards he gave a little wink like saying it was good questions. You heard it. There was way more ukraine. Do you have any questions . We could touch on the ukraine conversation as well. David let me ask producers, though. Do we have the congressman with us . No. Yes or no . No, we dont yes, we do. Im getting a yes and a no. Congressman, thank you for joining us. We appreciate you waiting for us. I want to start with what kristina was just talking about, the usmca, a lot of investors, a lot of Business People are concerned. A lot of farmers frankly are concerned about getting this thing passed because they feel that think could get a huge increase in their market share of sales if we do have a mexico canada trade deal. Is the impeachment push, though, going to push that off the table for the next several months . Well, i think the usmca has problems of its own, regardless of the impeachment issue. There are three problems that have been out there for the last year ever since this thing was finalized. They have yet to be resolved. One of them is on everybodys mind and that is the provisions that are in it, the extension of the ability of the pharmaceutical companies to get their patents extended, basically everlasting patents. Thats a major problem for biopharmaceuticals and the like. That needs to be addressed and it hasnt been addressed at all. One must ask the question why is the patent issue involved in the usmca to begin with . David if i could press you on this one point, as to whether the impeachment proceedings, there are going to be six congressional committees that will be focusing on impeachment now because of what nancy pelosi said yesterday, giving the green light to it, doesnt that suck the oxygen out of moves to get usmca passed . No, not at all. In fact, over the next this week and then when we return from going back to our districts and for me going to eastern europe, to deal with ukraine and other issues, we will and we are now dealing with Prescription Drug prices, a major, very very significant piece of legislation will be heard this week. Were also just Left Committee hearings on how to deal with the issues surrounding the [inaudible]. So a lot of things are going on in the normal legislative process while of course the impeachment hearings will also be going on. Yes, we can do many things at the same time. Weve passed legislation dealing with a whole host of issues, healthcare, dealing with all of the issues of making sure that people dont lose their healthcare if they have a preexisting condition, on and on, some 50 bills have been sent over to the senate. So the road block is actually over in the senate. Now with regard to the usmca, theres also an environmental issue. Will mexico be able to enforce the environmental pieces of that proposal . Congressman i believe theres a labor issue also. Those issues are in place. Congressman yes . This has been on the table for months now. Should it come to a vote . Shouldnt the house as a whole have it . You guys control the house. Presumably if you dont like the bill, you can block it. Think the fear of some of you is it will pass with democratic support. Why dont you let it come to a vote and let the peoples representatives vote on the thing . Im quite sure it will come to a vote. Lets understand that there are three very very important unresolved issues in the current language, and should it pass the house of representatives and the senate, theres no way it could possibly be changed in the future until you go back and renegotiate the whole thing. It is a treaty, not a piece of legislation. And therefore these fundamental issues which i just listed really need to be dealt with. If they are, you can be sure that there will be a vote. And i suspect there will be the votes to pass it. Thats not where we are today with regard to the usmca. Congressman, one of the things that a lot of people have been saying about the difficult optics of the politics of impeachment is that it drives out all these other conversations. Im wondering why from a purely communication and strategic perspective, why you and the democrats in the house are not hammingering home every day what hammering home every day what those 50 bills that you just alluded to are, chapter and verse, constantly focusing people on what the legislative agenda and reform agenda is of the democrats in the house as a way of highlighting the fact that there is a lot more going on than simply the party of antitrump. Well, your point is very very well taken, and in fact we are doing exactly what you suggested that we do. Every day all of us in our own way, you know, our media, in our talking points, in our press releases and the like, are talking about the legislation that is being enacted, either that were carrying or that is going through the house of representatives. That is there. The fact of the matter is, we cannot overcome the daily tweets from trump. That tweet dominate the news of the day. Theres nothing we can do about it except to continue to talk about the work we are doing on government reform issues, dealing with corruption, dealing with voting rights, opportunity to vote, dealing with Environmental Issues on and on. All of those things have happened that frankly are often drowned out by the morning tweet. David congressman, one thing that drowns out a lot of investors is the question whats going to happen with china. Our own Kristina Partsinevelos was asking the president about it. Let me play the sound bite. Markets reacted positively after you spoke about china and that it would happen soon eer rather than unexpectedly. You have the foreign minister of china saying they have no intention of unceding the United States, yet they are investing heavily in infrastructure not anymore. Maybe they just said that. What is different this time, though, the fact you are saying it is progressing . I just think it is progressing. I think they want to make a deal. They are losing their supply chain. Do you have something specific . I dont want to say that. David congressman if there is a deal thats hammered out between china and the u. S. , will the house and the senate work quickly to get it passed. If it requires our action, probably the answers are yes. Those are good questions for which the president did not give a full or even useful answer. The reality is in my district, the price of walnuts was a month ago down by some over 60 largely due to the trade situation not just with china, but also with india and turkey. In addition to that, we have 30 to 40 percent decline in the value of almonds. So agriculture across this nation has suffered mightily as a result of the trade war, principally with china but not only with that country. David yeah. This trade war needs to be resolved hopefully in a way that would create a better acting china. Theres no doubt that china is a terrible actor on the international stage. We know that here in the United States, chinese a government actually the pla owns a bus company and rail company and is driving american manufacturers out of business. David i dont mean to be rude. If we dont hit a break at a particular time, it will cut us off. We thank you very much. Great to see you, we appreciate you being here. You got it any time thank you. David 2020 contender sanders joining protesters outside general motors. What is he doing there . We will have the very latest live from detroit coming next. Fun fact 1 in 4 of us millennials have debt we m

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