Lobbying rules and regulations. So you will have to ask about that. I just heard trey gowdy cant start till sometime after january because of the lobbying rules and regulations. So i dont know. We will have to see. [inaudible]. Go ahead. [inaudible]. Perhaps the last one, i hope. I hope the last one. Of the three, i hope it is going to be the last one. Look, we have no soldiers in syria. Weve won. Weve beat isis and we beat them badly and decisively. We have no soldiers. The last thing i want to do is bring thousands and thousands of soldiers in and defeat everybody again. Weve already done that. So what we have is really two choices. You have the choice of bringing in the military and defeating everybody again, or you have the choice of financially doing some very strong things to turkey so that they take it a little bit easy on really competition that is i dont think its been fairly treated in many ways. Okay . We have a very Good Relationship with the kurds, or we can mediate. I hope we can mediate, john. I hope we can mediate. Do you support sanctions . [inaudible]. Say it . [inaudible]. Turkey knows where i stand. And the last thing okay, very simple. We had a big victory. We left the area. I dont think the American People want to see us go back in with our military, go back in to that area again. We won. We left the area. I dont think we want to go back in. Lets see what happens. Were going to possibly do something very very tough with respect to sanctions and other financial things. [inaudible]. You would support sanctions . [inaudible]. I think we can win. Its been a long time since a republican won. We have a 20,000 seat auditorium. You know, we have essentially Madison Square garden and its sold out. Over 80,000 people requested tickets. It will be totally sold out. I dont know who is going, but it will be totally sold out. If you are not going to be there, im going to miss you, but they have a line now thats many blocks long. Its amazing. We have a line right now in minnesota thats many blocks long. I think i can win minnesota, yes. [inaudible]. I think omar is helping us win in minnesota and other places. Would you accept a smaller deal i will see you in minnesota. Smaller deal . I will see you in minnesota. David the president talking moments ago. He is on his way to a big rally in minnesota, a state he thinks he can win over for his reelection. Talking about a lot of things. You heard him talking about turkey and the decision to pull our troops out of syria, which some people said was a green light for turkey to go in and there is killing going on. Turkeys bragging about it. We will be talking about that later in the show. Also of course talking about china and the president telling reporters there that the trade talks today went very well. He says that he intends to meet with chinas top trade negotiator tomorrow, and we welcome you, folks. Thank you for being here on bulls bears. Im david asman. Joining me on the panel jonathan hoenig, kristina partsinevelos, Gary Kaltbaum and liz peek. Stocks surged while high level trade talks were still in progress. Trump tweeted the following big day negotiations with china. They want to make a deal, but do i . It is kind of cryptic. I meet with the vice premiere tomorrow at the white house. Is the table set for some kind of a deal . The table has been set for a deal for months. The question is, are the diners going to come to the table . The news today and the sort of positive reaction in the stock market was because over the last several days, any number of negative stories have surfaced about the trade delegation possibly going home early and how trump really wasnt going to meet with the vice premiere and all kind of bad things were going on in terms of us putting sanctions on Tech Companies in china, etc. Etc. So, you know, is that all posturing . Is it positioning in order to get together finally tomorrow and say look were willing to walk away from these things if you will do x y and z. That is now the hope. I think the chorus of people who want something done on china is getting louder and louder. I think the president s hearing that. I think they need to do this and particularly with the impeachment news and the pressure coming from congress this has got to be resolved. I still think it is quite impressive how traders still react the moment you get a tweet, even though the tweet has said absolutely nothing other than trade negotiations are going well. He uses the word good, well, all that and yet you see a huge up tick in the markets. I do believe theres going to be decent progress in order to claim a political victory. The progress most likely will revolve around the agricultural products. Today china has increased its purchases of u. S. Pork as well as 400,000 metric tons of soybeans so they are following through on that. However, the deal probably wont include the major point which is intellectual property, forced joint ventures i still think the president will come out and say it is a win. It is going to be a smaller deal. David lets bring in former Commerce DepartmentDeputy Director chris garcia. New and higher tariffs are supposed to kick in on october 15th, less than a week away. Do you think they will be delayed, the new tariffs . Yeah, i read this as a positive signal. I think the chinese were going to have to make those purchases anyway. Theres a major concern right now about whether or not thes going to be that theres going to be that tariff increase. Theres also the agricultural purchases that china needs to make sure they buy because theres a sourcing problem, supply chain issue there. Even though theres significant tariffs on u. S. Pork, soybeans and so forth, they are at a much more attractive price than some of the other costly sources that they have. But this is not just about the interim purchases. I mean this is a significant Cultural Divide that were seeing. We wanted the same terms that china agreed to back in 2001, even lighter terms is what they agreed to in may but they walked out and backed out of this disagreement. When the vice premiere came if and he said that hes coming with great sincerity in these negotiations, they bring a delegation, i wish he could have said that hes coming with good faith and great honesty. The brilliant kristina said it exactly right. She nailed it. Were not going to get a marvelous fabulous big deal, were getting tweets from the president right now. You can overlay them to the tweets he put out every month over the last 18 months. They are all the same. But now were getting closer and closer to an election, and time is up, and we have to care about the markets and the economy. Thats been heading south. Manufacturing, so i suspect well get something on buying more agriculture. Theres not going to be any more higher tariffs, and we may even pull back on some. Were not going to see anything on ip. China is never going to change who they are. That is the one thing ive been standing by from day one, and were going to stick with that. It is going to be called the greatest deal on earth, but it will be just okay. David chris . Well, it will only be the greatest deal on earth if china agrees to the significant structural changes that they previously agreed to. If we could get them to agree to what they said they would do, what they signed on to in 2001, it would be much better off. In fact, what i would say is theres not going to be any deal. Were not going to be caving. Bob lighthizer and President Trump are not going to cave to any type of interim deal when they know that china is in a corner and has to eventually make a great deal. And chris, there wont be any deal. First of all, lets not underestimate the impact that as gary said all these tweets has on the market. Last night the 24 hours last night, you saw the market go up and down over three times 300 points all exactly. So it is having a cost. I have to tell you, i dont think the president wants a deal with china. As gary said, hes talked a big game, but he talks about how they are ripping us off, how were making money from his tariffs, those are his words and even as hes talking about lifting chinese tariffs, hes adding tariffs on scotch whiskey and french wine. Does the president want to get rid of tariffs . Does china want to get rid of the tariffs . Do they want to play by the rules . [speaking over each other] david one at a time. Everybody wants to blame the president. Why dont we look at the real bad actor. China doesnt play by the rules. Anybody who looks at the facts objectively has to look at president xi and the hardliners in beijing that dont want to play by a very very simple idea that when you keep your word and sign on to something, you agree to a certain agreement, you keep your word. David the other thing i think jonathan is overlooking and kristina i would like your thoughts on this, the fact is the president does want to get reelected. We know thats a fact. Maybe he claims too much or too little credit for the market depending on what the market is doing any day, but he knows that i think he knows he needs some kind of a deal in order to keep this economy keep it humming; right . To your point, often the marks and the economy often the markets and the economy are used interchangeably. Thats not the case. It should not be. We learned that in school. Gary, thank you for the shoutout, but i dont think a deal will encompass much more than the agriculture products. Maybe there will be something about fentanyl. Nobody seems to mention that. David they claim theres already progress thats a good thing. Overall, like chris and jonathan have pointed out, how can you change a country that has been so embedded in their own ways for so long and got away with it . So yes, kudos to the president for trying to change it but maybe trying to do too much at once especially bringing europe into the picture i would note that under this administration, not only have we ramped up tariffs, we have also brought to the worlds attention the wrongdoing that we perceive china is doing. I think thats been valuable. But secondly we have also gone to the world trade organization. Weve also had the fbi arresting Chinese People in america who are stealing trade secrets. We have gotten much more aggressive at calling out these bad actors. And i think that going forward, even if we have a smallish deal, involving commerce mainly, as long as we keep a really hardline on going after people violating the law, i think thats david we have to quit, but i just want chris to have the final word here because you are our guest, chris. Is the president going to end up the day with something in his hand, or at least an illusion to a smaller kind of trade deal, something less than we expected . I think there will be an amicable tone tomorrow with the president and vice premiere. Unfortunately he doesnt come with the special envoy tight that will he did previously, but title that he did previously, but i think there will be something that signals to the market that a goodwill conversation is happening but structural change wont happen tomorrow. David thank you for being here. Turkey attacking a u. S. Ally for a second day after President Trump pulled troops out of syria. The president just defending the move. We will play you his remarks from moments ago and get reaction from retird marine Lieutenant Colonel dakota wood. Hes coming next. To open an account. At fidelity those zeros really add up. Maybe ill win saved by zero performance comes in lots of flavors. dramatic orchestra theres the ampedup, overtuned, feedingfrenzyof sheetmetalkind. And then theres performance that just leaves you feeling better as a result. Thats the kind lincolns about. Colon Cancer Screening for people 50 and older at average risk. Honey, have you seen my glasses . Ive always had a knack for finding things. Colon cancer,to be exact. And i find it noninvasively. No need for time off or special prep. It all starts here. You collect your sample, and cologuard uses the dna in your stool to find 92 of colon cancers. You can always count on me to know where to look. Oh, i found them i can do this test now ask your doctor if cologuard is right for you. Covered by medicare and most major insurers with sofi, get your credit cards right by consolidating your Credit Card Debt into one monthly payment. And get your Interest Rate right. So you can save big. Get a nofee personal loan up to 100k. David President Trump defending his move to pull troops out of syria. Turkey attacks a u. S. Ally for a second day. Heres what he said just moments ago. Listen. We had a big victory. We left the area. I dont think the American People want to see us go back in with our military, go back into that area again. We won. We left the area. I dont think we want to go back in. Lets see what happens. We are going to possibly do something very very tough with respect to sanctions. David so there is a bipartisan senators pushing for sanctions targeting turkeys president and military. Here now is retired Lieutenant Colonel dakota wood. Thank you. The turkish president is actually bragging about killing what he calls terrorists in syria. Arent the people being killed are allies who helped us destroy the isis caliphate and should we do more to defend that . First reports are always wrong. We need healthy skepticism on this. We dont have eyes on the ground. What the turks and kurds are reporting, it takes a while to sort through the details. Turkey has had an issue with the kurds since turkey was formed in the 1920s. This is nothing new in terms of the peoples against each other. But i think erdogans approach here is certainly very heavyhanded thank you for joining us. This is christina partsinevelos. Do you believe this decision to pull out is reckless on three fronts, the first one being the isis resurgence, the possibility of that, the second front being that you are catching your allies by surprise when we really need to at least keep some allies on our plate and then the third point is the [inaudible] it seems like a lot of people at the white house were unaware of this move. Well, people criticize not being aware are usually the ones who wanted to be consulted first. So when they are not part of the decision, then they criticize they werent part of the process. But i dont think its reckless. I think that the president talks with his advisors. He usually doesnt get very quick responses or the establishment drags its feet. And he finally makes a decision and moves on. What hes trying to account for are what our interests . We dont want refugees flowing through europe. We dont want this to be a sanctuary for terror groups, and we want some kind of a sanctuary in place for the kurdish people. And i think those can be accomplished without a serious significant u. S. Military presence. Lieutenant colonel, this is Gary Kaltbaum. Thanks for being here. Theres one big thing that i just dont understand. We have been told for a long long time, erdogan is just a bad guy with bad intentions, and it looks like we just put the ball in his hands, and the first thing he does, the first initial thing he does is attacks and kills. We dont know how many. It could be 100. It could be ten, but thats his first move. Doesnt that worry you in any way, shape or form that this is the guy thats heading this up at this point in time . Yeah, hes not making a lot of good decisions. Buying the s400 air Defense System from russia, more authoritarian in his rule, imprisoning of senior military officials and academics following the reported coup. He doesnt have a good track record, but turkey as a country has been a longstanding ally that we certainly used as a strategic gateway into the region. So the pkk which is the terrorist element that even our own state department has recognized as such since 1997 has been problematic. They do get some support from factions of the kurds and trying to sort good from bad in that very chaotic region is difficult. So we hope that he doesnt use violence, trying to understand where his perspective is, but as the president has said, we have a lot of tools to try to rein him in economically and through diplomatic pressure another question, it seems we all know that President Trump is extremely transactional and it seemed to me there was a bargain made where he was going to allow turkey to do this, create this buffer zone, if you will, in exchange for turkey taking hold of and maintaining the tens of thousands of prisoners that are currently interred in syria, which are really a big problem. Trump has been asking europeans to take these isis fighters and so forth. Nobody wants them. My guess is erdogan said he would do that. Do you think thats maybe what happened here . In part. A lot of those Detention Centers are actually outside of the safe zone, whether its 10 miles or 20 miles in, been part of a debate. But yes a lot of European Countries are criticizing the move. They dont have troops on the ground or skin in game. They wont repatriate their own citizens who came to help islamic state. Turkey has been playing host to about 3. 7 million war refugees out of syria and not getting a whole lot of assistance from eu or nato allies or anything like that. I can understand theres mounting frustration. The use of military force into these areas to target civilian populations is completely unacceptable. From what the president has said he understands that and wants to try to rein in erdogans instincts here. Hes talked about sanctions, but what about something for example like calling for the withdrawal of turkey from nato . You know, the kurds are essentially much more western. They are much more western certainly compared to erdogan and increasingly the islamic turkish government. What about kicking turkey out of nato because of the violence against the kurds . Thats been interesting. There isnt a formal mechanism for kicking somebody out. You would have to get the nato members together and decide if you are going to take that kind of extreme step. We have an incident where theres a moment in time against the backdrop of 70 years or so of nato history, so do you want to, you know, do that nuclear, you know, weapon; right, in kicking somebody out when maybe there are other ways to resolve this in a much more diplomatic peaceful economic sort of way . David colonel, thank you very much for being here. We really appreciate your expertise. Please come back and see us; all right . Great pleasure of mine. David thanks a million. Guess who wrote a new ope