Transcripts For FBC Mornings 20240704 : vimarsana.com

FBC Mornings July 4, 2024

It is thursday, august 10. Your stop stories right now, 6 00 a. M. On the east coast. Inflation data on deck, the Consumer Price index is out this morning. Year over year expectations up 3. 3 . Futures right now indicating a gain at the start of trading, weve got full analysis from market experts and all star panel this morning. Markets are higher across the board. Dow up better than 185. Check out shares of disney this morning, the stock is higher despite reporting a mixed quarter for the second quarter. A loss in disney plus subscribers and rise in streaming prices. Disney shares among the more heavily trades this morning. Oil prices continue elevated, the price falling back from really recent highs lately. The price of oil now at 84, 24 on crude. European markets are in the green, take a look at the eurozone. Weve got a mixed story in london, down a fraction on the ft 100, the others higher by a fraction. In asia markets finished mostly higher. In washington the payoffs are piling up, the house gop identifying more than 20 million exchanging hands between the biden family and its associates and foreign oligarchs from kazhakstan and russia. President biden caught sniping at peter doocy as he denies knowing anything about the transactions with his sons Business Partners but what exactly were they paying for. James comer is here at 8 00 a. M. Eastern. Dont miss that. Joining the conversation, Strategic Wealth partners ceo, mark tepper, former new york congressman, lee zeldin and columnist tiana low disher. Mornings with maria is tiana lowe disher. Mornings with maria is live right now. Maria the House Oversight committee releasing new Biden Family Bank Records showing that the bidens took in at least 20 million from countries such as as russia, kazhakstan and ukraine. The gops memo showing a day after a kazhakstany businessman sent hunter biden more than 142,000 hunter bought a porsche for that exact same price. The records tracking a Russian Oligarchs 3. 5 million payment to a hunter biden, devon archer shell company, then Vice President joe biden had dinner with kazhakstany businessman and Russian Oligarch in 2014 and 2015. Joining us now, congressman dan meuser. Thank you for joining us. I want to talk about financing. When you get back from recess youre going to have to deal with the government running out of money but first lets talk about these new findings from the House Oversight committee. How do you see all this . Its pretty ugly. Its pretty clear that joe biden lied. Why did ellie . He knew the why did he lie . He knew the business that was taking place, he knew a lot about the business, he informed his son he was in the clear. In the clear for what, joe . Why were you lying . You must have known there were shady dealings take place and with the moscow mayor paying him 3 andahalf Million Dollars and to celebrate going to cafe milano. From the white house records, the bank records, the whole i get push back when i refer to the biden crime family. Hes got grandchildren, grown children, grown relatives receiving hundreds of thousands of dollars into their bank accounts. If anybody in my family got money into the bank account they would be asking the same questions. Maria its incredible they set up 20 Shell Companies while he was Vice President. Why set up all of those companies. Cafe milano situation, thats when joe biden as Vice President showed up with hunter biden at a meeting at cafe milano. Ive been told theres no evidence by other media channels. This is amazing news, the claim theres actual evidence. When you think about the meetings, bank records, documents, whats app messages, emails, whistleblowers, Business Partners, clients, theyre all sounding off right now, connecting all the dots and still on these other networks right now all they want to feed to their listeners is that theres absolutely no evidence of any of it. Maria thats a whole other scandal, the fact that these are the most serious allegations ever posed on a president and the Mainstream Media will not cover it. Thats a whole other issue. President biden snapped at fox news peter doocy this week when asked about his involvement in his sons business dealings. Watch this. Theres this testimony now where one of your sons former Business Associates is claiming that you were on speaker phone a lot with them talking business. Is that ive never talked business with anybody. I know youve got a lousy question. Why is that a lousy question . Because its not true. Maria lousy question, congressman. Why is it a lousy question for the media to actually be probing this story . Because theyre hoping that they will, the brand, the joe biden brand is access to the United States taxpayer dollars. They created that access. It wasnt an illusion. Dan armstrong stated that archer supposedly said it was an illusion. That was goldmans words. Maria dan goldman, yeah. It wasnt an illusion. It was being sold access. What was the result of the payments . There has to be some deliverables. We did see one with the prosecutor in the ukraine being fired. We all saw that. There were others. Thats what were going to find out in an impeachment inquiry. Impeachment inquiry. Maria when inquiry. Marjorie Taylor Greene said she doesnt feel like you have enough votes from the members to do the inquiry. Will this be a priority when you come back in september . We have a number of priorities, you alluded to a couple as far as Appropriations Bills and all. Thats important stuff. Absolutely, we can walk and investigate at the same time. So yes, im all for an impeachment inquiry. I think the vast majority of republican members will get on board because its an inquiry. Were the only ones doing it. Doj completely focused on helping the irs and a disclaiming whistleblowers. The republican majority is going to bring some accountability and do everything we can to get to the bottom of this for the American People so the American People understand whether or not their president is engaged in criminal activities. Payoffs. Maria and with all of this evidence that were seeing every day something new, what happens . They indict donald trump . Weve got newly released Court Documents revealing jack smith obtained a search warrant for data and records related to president trumps twitter accounts. Twitter, known as x, pushed bark, refusing to comply, refused for three days, asking if they could tell trumps legal team first but the court denied the request and fined the company 350,000 for the delay. Trump responded on truth social saying this, just found out that crooked joe bidens doj secretly attacked my twitter account, making it a point not to let me know about this major hit on my civil rights. My political opponent is going crazy, trying to infringe on my campaign for president. Is that what this is about . Byron donalds this weekend said to me they want to bleed trump dry of money so he cant actually do what needs to be done for a campaign. Is that how do you see that in terms of this coincidence that something happens in terms of evidence coming out on hunter biden, the next day, another attack on donald trump. I think its pretty obvious. The American People i think are waking up to it, theyre doing everything they can to suppress their o own malfeasance activits and trying to keep the biden family out of jail, meanwhile theyre completely focused on indicting their number one opponent in a political campaign. Thats Banana Republic stuff. American people have to understand, that is exactly whats happening and were going to investigate it. Were going to find out whats going on. And the proper resources have to be dedicated to whether or not the president has committed high crimes and miss misdemeanors and taken bribes. Maria tiana, did you want to add something . We know the Obama Administration internally warned biden that his son was running around ukraine, running around russia, taking bags of cash. Why didnt obama decide to take biden off of the ukraine mandate . Right . They were warned. They warned biden and hunter personally and yet he stayed on there. So im curious about the Obama Administrations complicity. Well, obama wasnt exactly a micro manager, clearly. He allowed a lot of this to take place and at the one point he said joe, i hope you know what youre doing, right. And he also said never leave it up to joe to im not quoting him right to foul things up and that prophecy came to fruition. Maria look, real quick on the end of september, government running out of money. Do you expect youll have a continuing resolution . Whats the plan . We need the problem solved. Kevin mccarthy is very good at that as you know. So as well as Steve Scalise and others. So we likely will not have or appropriations complete by september 30th. I would imagine a shortterm cr and then we run republican majority appropriations, allocations of the American Peoples dollars. Maria thats the power of the purse that you talk about so much. Congressman, good to see you this morning. Thanks so much. Dan meuser joining us, pennsylvania. Well be right back. Stay with us. Tourists tourists that turn into scientists. Tourist taking photos that are analyzed by ai. So researchers can help life underwater flourish. Let Innovation Refunds help with your erc tax refund so you can improve your business however you see fit. Rosie used part of her refund to build an outdoor patio. Clink dr. Marshall used part of his refund to give his practice a facelift. Emily used part of her refund to buy. I run a wax museum. Let Innovation Refunds help you get started on your erc tax refund. Stop waiting. Go to innovationrefunds. Com you really got the brows. upbeat music woah. Constant Contact delivers the Marketing Tools your Small Business needs to keep up, excel, and grow. Constant contact. Helping the small stand tall. Theres a lot more work to do. We have a plan. Bidenomics is just another way of saying restore the American Dream. Maria that was President Biden in new mexico, touting bidenomics but voters dont seem to agree with t president. A recent cnn poll finds half of the country has a negative view of the economy right now and think things are g getting wors. 63 of americans disapprove of bidens handling of the economy. Karine jeanpierre was confronted. Why literally fuse the president s name with the commission that americans arent very happy with . Well, heres the thing. Bidenomics is indeed working when you say you look at the data, you look at the cost cost is going down, when you think about inflation, you think about wages going up, that is bidenomics. Maria lee, what do you think, bidenomics . You flow why it works . You know why it works . Because the white house is telling us its working. For americans that want to see a policy that ramps up doughs mess particular energy production, secure our southern border, to provide tax relief, we dont want to see inflation going up faster than wage growth. We saw the supply chain crisis. The list goes on. If you go back to the moment they come in office, january of 2021, and you look at where we are today, a lot of americans are unhappy with how we get here and theyre directly tying it to specific policies that are bidenomics. Which Kamala Harris says is by the way two words. Bidenomics. They can lecture us as much as they want, insisting this is helping us but the economy is an issue that is as personal as it gets for the voter who is assessing it based off the impact on their own wallet so they dont want to be lectured to. They know this is not working for them. Maria i mean, the white house keeps talking about what bidenomics is but tiana, i would say bidenomics started with a massive spending, reckless spending, 6 trillion in spending and borrowing in the first two years and he still wants to keep spending money and putting stimulus in the economy because hes pushing this student loan bailout. Look, were slated to double our deficit in a time with no war, no recession, so they keep on saying and essentially full employment. What are we spending the money on . The American Rescue plan was an American Economic destructive plan. Prices are up 16 since Biden Took Office and real wages are down something north of 5 , the average american has lost 20 of their purchasing power. They are 20 poorer. This election is about the economy and donald trump can run on his economy, right, because wages increased, real Family Income increased by 6,400 for an average household. Under biden, they lost 4,000. Thats not including regulatory costs. Donald trump can win running on the economy because bidenomics has polled worse than any economy since jimmy carter. Maria people are really upset having to pay all this money for stuff. Inflation is a problem. I will point out that wages have begun to rise, last couple of months, and they are now outpacing the level of inflation. But overall when you look at wages under joe biden, theyre down on his watch. He mentioned restoring the American Dream. Okay. When i think of the American Dream i think about quality of life, i think about us as americans having the highest standard of living of any country in the world. But then you start to kind of go through home ownership. Thats something we pride ourselves on. Home ownership is the most unaffordable its ever been because of high Property Values and high mortgage rates. We talked about wages. We saw negative real wage growth for like 26 or 27 straight months. And then they say what about savings, everyone has more in savings. Thats not true either. For the bottom 16 of earners they have less in savings at justed for inflation today than they did prepandemic. Things are not going well unless you have smoke and mirrors clouding things up. Maria partly because theyre tapping into savings to pay for these things. And credit cards. Maria outsize in terms of price. And theyre tapping into retirement accounts. This is a challenge for most americans. Its very challenging. Were on an unsustainable path. Its easy for President Biden to take a victory lap, talking about adding jobs and things like that. When youre okay, deficit spending and stealing from future generations. Gen zers, Pay Attention to this. Maria take a break. When we come back, markets are expected to open higher this morning, futures indicating a gain at the start of trading. We have Major Economic data that could change or alter the situation with the july Consumer Price index out this morning at 8 30 a. M. Eastern. What investors are watching coming up. The dow is up 176, nasdaq up 90. Taking flight again, Virgin Galactic gears up for a second commercial space flight. A live report coming up right here. Stay with us. There are some things that go better. Together. Hey like your workplace benefits. And retirement savings. With voya, considering all your financial choices together. 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