Transcripts For FBC Mornings 20240703 : vimarsana.com

FBC Mornings July 3, 2024

Today President Biden will address the nation in a prime time speech from the oval office on the Foreign Policy behind israel and ukraine. Hes denying a report that our military would join Israels Defense Force if iran enters the conflict. And hamas fired a rocket at the hospital in gaza, hundreds of pro Palestinian Protesters demanding a middle east cease fire. We are following all the developments all morning long. Markets are mixed as Interest Rates spike, dow industrials down a fraction, nasdaq up a frac shun as Federal Reserve chairman jay powell is in new york addressing the state of Interest Rates and inflation at a key speech. Were watching earnings as well as Interest Rates move higher. Netflix surging while tesla is skidding on Quarterly Earnings reports. Well have all the details coming out today. A at t out this morning as well as as blackstone and american airlines. European markets look like this, fractional moves lower, and in asia red across the board. The Hong Kong Market down the most, hang seng index down nearly 2 andahalf percent overnight. Back in washington, Congress Goes home again without a speaker of the house as jim jordan gets even fewer votes than before. The judiciary chairman is ready to make promises on the salt deductiodeduction cap to win su. Joining the conversation all morning long, kaley mcgee white is here, Tiana Lowe Doescher is here and mark p tepper. Mornings with maria is live right now. Breaking news this morning, President Biden will address the nation from washington tonight after returning home from israel, the president pledging that he will support israel but promising humanitarian aid to civilians in gaza and the west bank as well. Back here at home, protesters breaking out on capitol hill yesterday as demonstrators demand a gaza cease fire. Irans foreign minister posting a warning to israel on x, writing this. Time is up. Kaley mcgee white, your reaction in. I think that its good that biden is you a dressing the country on this and i want to say he has handled it pretty admirably so far. But the humanitarian aid to the west bank in gaza is a pig red line that big red line that no american should support. Theres no way the United States can guarantee that money is not going to go directly into hamas coffers. President biden can make any promises he wants but we know how it works. We know how it works with ukraine. We know how it works with israel. Floss way for the u. S. To seriously monitor where our funds are going and how theyre being used. Its a big red line, americans should not support it. Maria its interesting, as we learn that it was actually the palestinians who bombed that hospital. I mean, it amazing to me that s talking about the aid. Thats where this is going. All the aid must be contingent on getting those civilians that want to declare themselves civilians and not combatants into egypt. This is whereby den must use the pow where biden must use the power of the purse, not just the aid we give to egypt every year, especially what biden specifically released after the Trump Administration held it, on top of that, use the imf, use the fact that egypt has a 30 inflation rate,. Any aid the u. S. Sends to palestine, whether in the west bank or in gaza should be completely contingent on the return of all hostages. Maria right. And the fact that biden has not clearly stipulated that is a problem. Maria i dont understand why hes not talking about the hostages. You need something in order to give that money. All the cease fire declarations, obviously biden is bucking the far left of his party but they are too silent on the hostages. That should be order number one, release the hostages and Everything Else can come later. Israel is able to ride this thing out. They turned on limited water in Southern Gaza because they want to get people away from the border so they can do more air strikes which is crucial but gaza doesnt have a selfsustaining economy. The blockade which people are discovering was not anything more than a weapons blockade the last 16 years, the real blockade, all theyre doing is riding them out. Eventually gaza will have to bend to israel in some capacity. If we take a step back and look at the situation more broadly, heres where i think we screwed up. We have believed for years you now that we know our adversary, that we know our enemies and because we value life and freedom that everybody else does too. Well, thats not true. They value the after life. I mean, theres videos of school age palestinians say they want to grow up and become suicide bombers. Thats their goal. They want to elimin eliminate t. With this administration and the progressive policies out of d. C. , we mis mistakenly believet everyone cares about Climate Change and pronouns and sex changes. Weve taken our eye off the ball and completely missed the mark as as relates to what is really important and knowing what our adversaries value. Maria during his trip back to washington the president told reporters that palestinians have to learn how to shoot straight. This statement made just one day after the gaza hospital blast that killed upwards of 500 people. Watch is. Im not suggesting that hamas deliberately did it either. Its not the first time hamas has launched something that didnt function very well. So i dont know all the details but i do know the people at the Defense Department who i respect and the Intelligence Community that i respect maria what a thing to say. Thisisnt a video game. This is real life. Real civilians, innocent civilians have been dying. Maria i cant believe he said that. It never made sense the idea that israel would wait more than 10 days to launch their ground assault. It was almost most likely it was hamas. Who hides warfare behind civilians. The problems i had with the comments what that biden made, the report that hes actively discouraging the y attack into gaza. Hamas needs to be wiped out and destroyed using any means necessary. And israel should not let our bumbling president to get in the way of the goal. Maria dont you think was the point of his trip, though . Yeah. Thats why blinken met with them for eight hours and said dont do anything until joe biden comes and joe biden gets screwed over by the jordanians. Maria President Biden is getting ready to brief the anythings on israel tonight, denying the report that our military will join israels military. General Anthony Tatas is here, he will give us a report. Jim jordan willing to lift the salt deduction after a failed vote yesterday. Weve got more coming up. 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Navy sending another war ship to the Eastern Mediterranean near israel in an attempt to flex its military strength in the region, President Biden meanwhile is denying reports that u. S. Troops could join Israel Defense forces to help israel a. Help israel. Watch this. It says biden officials have indicated to israel that if hezbollah initiates a war against israel the u. S. Military will join in fighting the terrorist group. Not true. Not true . I would never send them. Maria President Biden announcing the u. S. Will provide 100 million in humanitarian aid for palestinians in gaza and west bank during this trip to israel yesterday. Joining me right now is retired Army Brigadier general, anthony tata is with us once again. Thank you for being with us this morning. Good morning, maria. Maria your thoughts about another ship, military ship headed toward the mideast and of course to support the other two that are there near israel. Your thoughts . Yeah, maria, i think the number one job of the United States department of defense right now is to deter iran from participating in an overt way with hezbollah, those in the west bank or down in gaza. We know that theyre covertly supporting all of those air wrist organizations those terrorist organizations in those areas so its not anything that we can question. It is without doubt that iran is behind all of this and why the president refuses to mention iran is really a mystery. And i know that they want to keep the pipes open to the iran nuclear deal. I know there are sympathizers within dod and state, some call them spies from iran, but its really not a wise move. He needs to take on iran directly and message that we understand that theyre behind this and get them to back off and that will allow some other things to flow, like the aid thats hes talking about down in gaza and so forth. So its all about having some muscle in there. Hopefully to match the messaging program where we can tell iran to back down. Maria its a great point. Tiana, this administration will not connect the dots to iran and the president wont mention iran. Clearly, the criticism is coming from a vacuum. Biden has always been somewhat compromised by the iranians, we know the administration has had espionage within it from iran and still to date refusing to admit that money is fungible, that the amount of reserves that we have passed over to the iranians was used in part to subsidize this attack. We know that hamas met with iranians in beirut in order to sign off on this so not only just with regards to the iranians but also the wild card of lebanon and hezbollah, how much more do we risk a northern incursion from hezbollah into the west bank, into israels northern border and how much of this could theoretically be stopped by biden taking it to i tehran and renewing more sanctions . Yeah, so i agree with all of that and i think one of the things that we should do is message, as i said, but you know also we call them flexible deterrence options. We can fly some jets off the aircraft carrier, we can get some helicopters doing patrols and maneuvers in the area and we can do something more forceful and match that with a messaging campaign and the other thing is the 6 billion that was unfrozen and some of the other moneys that have been unfrozen, let iran take care of gaza. Theyre providing their weapons, they have logistics and supply routes. Let them push some food and water and medical supplies in there too. And if we had a more competent secretary of state and state department, we might be able to influence people in that way. Maria its a great point. Meanwhile, u. S. Troops are injured after being targeted by three drones in two separate atax in iraq yesterday, the Islamic Resistance in iraq and iran backed group as well reportedly claiming responsibility for the attack, the Group Targeting the air bases, u. S. Troops intercepted the drones but one managed to explode, causing minor injuries. General, do you think this is going to broaden out even further . Were worried about hezbollah coming in, were told they have 100,000 rockets. Yeah, so absolutely. This is all iran. Iran funds the militia groups, the greatest thing President Trump did was take soleimani off the chess board and off the battlefield. It was supplying horrible ieds to maim our troops and so with the Houthi Rebels in yemen, the rebel groups in iraq, hezbollah, hamas, anything that happens in the region, iran is a net exporter of terror, thats the number one export, in addition to oil to china. Request why this administration doesnt require them to stop that is beyond anybodys belief right now because it is without when i performed the duties as undersecretary of defense for policy, every morning we were made aware of what iran was doing in that region. Every morning. And its without doubt that theyre behind all of this. Maria of course. And kaley, they wont discuss it. What about this money to the palestinians without any mention of the hostages . Exactly. General, its impossible not to notice that the increased aggression weve seen from iran has heightened under the past few years under joe bidens presidency and we know he talked about reviving the failed nuclear deal that never should have been struck in the first place. How much responsibility does joe biden have personally for what were seeing in the middle east . Id say a lot. And i would also say president obama has a lot of responsibility. Maria thats right. It was under his first tour as president that all of this began and its a nonsensical outreach. Someone made the point earlier on the show about we fall under the trap of thinking that these people think like us and they dont. They dont value life the way we do and they have the near enemy, israel and the far enemy, United States, and that has not changed until theres a leadership change. Maria mark tepper made the point. Mark, you also made the point that this is 100 million that buy deb is sending to the biden is sending to the palestinians. To 1 million people. Im not the best at math, 100 million divided by 1 million sounds like 100 a person. If youre giving that to someone because theyre displaced from their home, that dont do much. From my standpoint r, im saying this is nothing more than a pr move. Hes trying to appease everybody. In doing so, hes losing respect. Maria you get displaced from your house, heres 100. Well, first of ill a first of all, it makes no difference if you dont have logistics moving in there for them to buy anything or get the relief they need. The money would be much better used by coordinating with egypt and some of the other more moderate, use that term loosely, nations in the area, arab nations that can move supplies into there. Biden is beholden to the super Progressive Left faction within his own party and hes trying to have it both ways and you have to be unequivocal about this in your support for israel. Maria for sure. P general, thanks very much, we so appreciate your thoughts. General anthony ta ata joining. Earnings in full swing. Stay with us. Is it possible to fall in love with your home. Before you even step inside . Discover the Magnolia Home james hardie collection. Available now in siding colors, styles and textures. Curated by joanna gaines. Explore endless design possibilities. To find your personal style. Endless hardieĀ® siding colors. 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Take a look at futures indicating a mixed opening this morning, the dow down 12, nasdaq up 17, the big story in markets are Interest Rates, the 10 year and 30 year hitting 16 year highs ahead of the Federal Reserve chairman jay powells speech in new york city. The yield on the 10 year, 4. 958 , up better than 6 basis points. Surprise stocks are not down more on this move in yields. The 30 year at 5 even, up 5 andahalf basis points right now as the Federal Reserves beige book shows the u. S. Economy was little changed in recent weeks. Joining me now is gina bolvin. Thank you for being here. How much of an issue are the spiking Interest Rates for stocks . Well, the spike in Interest Rates are really doing some of the work for the fed and what were looking at today in the market, maria, is what is powell going to say at noon. Is he going to continue to he say w

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