Transcripts For FBC Bulls Bears 20240713 : vimarsana.com

FBC Bulls Bears July 13, 2024

Facebook, amid antitrust scrutiny facebook is going on a charm offense with republican lawmakers and now, Mark Zuckerberg and one of facebooks board members, a major trump donor had a secret dinner with trump. This is corruption, plain and simple. This is how the government keeps working for corporations and the wealthy and the wellconnected its no wonder the Companies Like facebook have been allowed to consolidate economic and political power without any real accountability. Jonathan does she have a point . David for Elizabeth Warren, billionaires are corrupt, everything about them is corrupt they steal, they cheat, they exploit and despite the fact these two men are tremendous businessmen, youd think its in the president s interest to meet with potential businessmen. Elizabeth warren wouldnt stoop to having dinner with them its such hipocracy david. President obama met with tech executives in secret in 2014 and Elizabeth Warren herself met with jamie dimon. Hes a billionaire too back in 2017 but just the animosity and the anger she brings towards men like these, these successful entrepreneurs, it just is to what real American Values are all about. I dont think you answered the question and that was whether it was corruption and we cant weigh in because were not legal counsel, but let me finish youre going to use president obama as a precedent and then youre saying warren met with jamie dimon. Is she president . No. We dont know what happened during those meetings. What about tim apple . I mean, tim cook the fact he asked for 15 exemptions when it comes to the tariffs he got 10 of them after meeting with President Trump of course we are not discounting the strength of what these men and women have accomplished in their careers and their companies but at the same time, theyre lobbying for the benefit of their companies, theres no doubt about that and i think that youre just gleaning right over that. Wait a minute are they lobbying or are they informing . Isnt it important . Informing. Informing the president , talking about business issues, trade issues, things that he needs to know about. I think this is pre post usually stupid. Were not supposed to have meetings between Business Leader s and the government leaders that goes on all the time. The fact that it wasnt made public, my guess is Mark Zuckerberg would face criticism within his own organization if in fact this had been revealed as its described but we talked yesterday with tim cook meeting with President Trump how beneficial is that for shareholders of apple, employees et cetera. This is i think just a completely idiotic argument. Well you know, i guess the opposite of christinas point, i think it would be neglect of duties. Lets think of a billionaire, hold on, who has billions of followers. He would want to meet with them. Thats the president of china. David christina . President x is a billionaire with billions of followers, zuckerberg has actually more followers than there were chinese. You would want the president to meet with that person to be, i dont understand, in any way, shape, or form how its corruption. I never said that its corrupt and im not questioning the meeting. Well im questioning the content of the meeting. Thats the argument. How could we even question the content of the meeting, look im sure, lets a scribe zuckerberg with evil motives. Im sure hes log lobbying. Thats what any governor would do, leader of a foreign country thats when youre meeting with the president. David jonas . And zuckerberg isnt corrupt because hes a billionaire, its because of corruption, hes immoral because he is a billionaire. Thats Elizabeth Warrens whole beef and billionaires are by definition corrupt and christina i think your point is well on. The real corruption comes when government gets in bed with business when they pick winners and losers and that weve seen time and time under both president s but the fact the president wants to have dinner with a successful business person and you call that corrupt by the way he hasnt done anything particularly beneficial for facebook, thats just ridiculous. By the way when President Trump met with the head of various unions including the uaw, was that corruption, because my guess is they were pursuing their own interest too. This is just as i say, this is part of doing business and being an informed head of state. I mean, i really dont understand how you can, by the way, obama did try to run the United States without ever really spending much time with Business Leaders and it didnt really serve the country very well. Jonathan you said it perfectly at the end but well move on with a statement from facebook responding to this entire thing. The statement is and i quote, as is normal for a ceo of a major u. S. Company, mark accepted an invitation to have dinner with the president and the first lady at the white house. So do we think that they are pretty much saying nothing which you are all alluding to that they just met . Well look, of course they didnt meet, zuckerberg is there for a reason, just like tim cook is there for a reason. So were all on the same page. But the fact is slightly against jonathans point is it corrupt when president s get involved with specific companies or businesses . No, because thats what president s do. They have to. Look were going to talk about the u. S. Mca trade agreement. You could make the argument that thats corrupt because it favors some businesses over other businesses. Thats what the president has to do. Gary well go back and roll the tape of you going on and on and how terrible it was under president obama. We can roll that tape if you want. But wait a second yes, i agree. But wait a second that was a governmentrun thing. This is the government being involved with private Industries Im not saying that its just the fact of the matter. David let me just chime in. Ive got to chime in in favor of the employees of these companies it is the responsibility of the president of the United States to take issue, with anything that could effect the employees when there are thousands if not millions. I mean, think of all of the residual employees in apple for example. Now is Elizabeth Warren going to scream that hes doing something corrupt by meeting with tim cook and talking to tim kukin private when it might effect the jobs of millions of americans . I mean, this whole idea that her idea, i believe, that anything that the president does with the Business Community is corrupt. I dont think it would matter who it was with, right . Actually, yeah, youre spot on with that. Theyre using any opportunity the president meeting with somebody behind closed doors and not revealing it to attack, yes, so to your point, yes. Billionaires are the worst of the worst. Regardless, but jonathan the point you made before i really agree with the fact that if they start to actually change their policies to appease just a few billionaires because theres money coming in, and changing it , then yes. This is big tech and what we know from all of the congressional hearings about facebook and google most Public Officials dont know anything about big tech. They dont know how it works or what the participants look like and were on the cusp of this big rollout of 5g around the world. The president has really made a strong case that the United States should be a leader in that. What is a better idea than sitting down with people that might know something about it. One thing they do know about facebook is it skews very far to the left. Whenever there is a conservative within the organization they scream about how they are surrounded by leftists. I think that its a good thing that the president is trying to air out the leftward tendencies. I have to make one point. I think with all due respect, christina, i think that its almost laughable when we say that its corrupt when a president favors i didnt say its corrupt. You did say that. Roll the tape please. I didnt say that. From now on you will have said it. Youre putting words in my mouth. No im not. You said it was corrupt. David accept what everybody is saying right now. Here is my point. We didnt call obama corrupt when he bailed out and president bush when he bailed out the Auto Industry. Wrongheaded as jonathan and i would agree yes. Stupid yes, corrupt you cant say that. David we got to move on. Today was the final day of public impeachment hearings before the House Intel Committee so what did americans learn from it all . Well be asking chad pergram live from capitol hill, chad is next and raring to go, folks. Im a regular in my neighborhood. Im a regular at my local coffee shop and my local barber shop. When you shop small you help support your community from after School Programs to the arts so become a regular, more regularly. Because for every dollar you spend at a Small Business, an average of 67 cents stays in the community. Join me and American Express on Small Business saturday, november 30th, and see how shopping small adds up. groans hmph. food grunting menacingly when the food you love doesnt love you back, stay smooth and fight heartburn fast with tums smoothies. Tum tumtum tum tums with tums smoothies. vo thewith every attempt, strto free itself,piders web. It only becomes more entangled. Unaware that an exhilarating escape is just within reach. Defy the laws of human nature. At the season of audi sales event. But shouldnt somebody this is be listening . Pression. So. Lets talk. Were built for hearing whats important to you, one to one. Edward jones. Its time for investing to feel individual. Thats unfair. Its not fair to interrupt the witnesses as you have done. Youre the only person that has unlimited time. You have absolutely unlimited time and the only one that has abused that power. David the only one with a gavel that he could make noise with, tensions running high as you could see as impeachment hearings continued into their fifth and final day of public testimony before recess congress drilling two key additional witnesses and fox news senior capitol hill producer chad pergram joining us now. Chad, support for impeachment, according to the most recent polls is dropping now, and in some cases, reversing in terms of independents who are much more against impeachment than they were a couple of weeks ago. Does this have any effect on nancy pelosi or other democrats . Reporter well nancy pelosi has to be very careful to make sure that if they do forge ahead that they have the votes. Shes very good at counting the votes and we can kind of take our cues from where she is. She knows where her caucus is and also if they can make the case to the voters. She has a lot of talent there and you might not agree with her politically but shes pretty good at that. Now that said as we head into this week and a half period here its going to be very critical over thans giving. People eating stuffing and turkey and pumpkin pie. I mean, probably having some arguments at the table frankly here. Where this goes, theres probably not great polling that comes out over the thanksgiving poll holiday but this is a central debate at the dinner table for thanksgiving and then members on both sides have to be very careful understanding where they are when they need to come back. I always talk about the 31 democrats who represents the districts that President Trump won in 2016, where are they on this, and for that matter, there are some republicans out there who are vulnerable too. The risk for them is could they be perceived as being overzealous when theyre in districts that are swing districts, david. Chad, liz peek here. Ive heard rumors or speculation veering on one end that nancy pelosi was going to string this out and more hearings and more testimony and it elongates the process and on the other side maybe she was going to pack it up and call for the house. Do you a scribe to either of those theories or what do you think happens . This reminds me of the conversation had in late 1998 there was chatter here at the capitol they may try to censure president clinton. Its not an official way to discipline the president not in a constitution that that is an official form of discipline one of three formal modes of discipline in the house between reprimand and thats why that gets battered around up here. We havent heard anything definitive on that. That said, democrats seem to be hedging their bets just a bit as to what happens next, and at the beginning of the segment we said this was the last formal open public hearings. We dont know if the Intelligence Committee could do more, or do they take time and write their report and send it over to the Judiciary Committee, which could either have open hearings or could they actually write the articles of impeachment and the reason democrats might be hedging their bets here is can they get the testimony of john bolton. Theres that lawsuit out there, and could that come forward some time in the next two or three weeks, do democrats want to keep their powder dry and if they get to bolton as a key witness, maybe then they go to the judiciary or maybe have bolton come into the Judiciary Committee frankly. Chad, gary smith. I want to propose a theory on why the poll numbers are going more and more for non impeachment. I think the average person in the heartland quite honestly finds these hearings tedious. You cant binge watch it like most people are used to. Its more boring than the game of thrones and now going into the thanksgiving break, all momentum if there was any momentum is going to completely fizzle. People are now tired of this because were used to watching all the episodes in one night and moving on. Thats why i think its changing , but im interested in your opinion. Well, you know, i had a moment of this on monday night. I was trying to watch the washington capitols and the anaheim ducks. Hear me out on this. Im a big hockey fan and i was trying to prep for the hearing on Tuesday Morning and they dumped two more transcripts on us from witnessed closed door deposition almost 400 pages and i had to rifle through that and im like i dont have time as a journalist to go through this, but here is the problem. If journalists are having trouble keeping up understanding whose who and everybody else, its really a problem for the public to distill and fillet this every night and then make an opinion. That is a challenge for the public and thats the problem for democrats because this is a very complicated story with foreign names and capitols. It really is david even democrats. We had democrat congressman kild ey on on a Different Program and even he said people care more about deer hunting than whats going on in washington. Game of thrones is complicated but fans are cring ing a little bit but chad another thing we need to talk about House Speaker nancy pelosi saying even if everyone agrees or agreed on the u. S. Mca today, there still isnt enough time to ratify and youve got robert lighthizer, the trade representative who met with the speakers today so what are you hearing about this progress if i can even say that at this point . Part of it is the idea that once they submit the finalized deal and its not been finalized to congress a 3045 day clock depending on how you calibrate it starts to run, so guess what . They are out until the second or third of december, you also have christmas so why would you want to submit it and start that clock running in december when youre not able to maximize the time because congress isnt going to be here. Maybe its better to take another week or two, get it set, and then submit it maybe in mid tolate december and vote on it in early january. That would help them with that time clock. David chad if only for the sake of your own sanity im glad they are finally on a break on this situation. Thank you very much chad for joining us. Appreciate it. Charles schwab meanwhile is looking to buy Td Ameritrade but here at fox business we continue to be invested in you so how will this new story impact your wallet . We have more details coming next limu emu doug hour 36 in the stakeout. As soon as the homeowners arrive, well inform them that Liberty Mutual customizes home insurance, so theyll only pay for what they need. Your turn to keep watch, limu. Wake me up if you see anything. [ snoring ] [ loud squawking and siren blaring ] only pay for what you need. Liberty. Liberty. Liberty. Liberty. My body is truly powerful. I have the power to lower my blood sugar and a1c. Because i can still make my own insulin. And trulicity activates my body to release it like its supposed to. Trulicity is for people with type 2 diabetes. 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