Transcripts For FOXNEWSW America 20240704 : vimarsana.com

FOXNEWSW America July 4, 2024

Social media. Hello, well come everyone, sandra smith in new york. We have made it to wednesday, rich. Rich we have indeed, im rich in for john roberts. According to documents, white house officials asked facebook if it could provide special access to tools that would target users hesitant to take vaccines and spreading misinformation. Sandra also show Biden Administration officials berated facebook employees for not sharing enough data and alluded to the site being more difficult to deal with than other social media platforms. Rich Hillary Vaughn is live on capitol hill. Hillary, did the white house try to have more control on covid content on facebook than it originally claimed. Thats the big take away from the documents that we obtained. Really publicly the white house was claiming they were just trying to help facebook combat misinformation on their platform. Behind closed doors, it is clear that white house officials were trying to have much more influence on the platform and get a lot more information from facebook. White house officials berated facebook employees for not turning over more data to them. Flaherty saying some partners give us lots of information, some partners to tell us to fright off. This feels we are chasing our tails. If you dont want to give information, tell us. Meta declined a comment. Documents also show the white house and facebook wanted to stop info from going viral that went against their pro vaccine narrative. On a call between facebook employees and the Surgeon Generals office, employees told the Biden Administration staff this, post questioning whether you should get a vaccine under a mandate, whether its government overreach, we demote those, its not false information but leads to a vaccine negative environment. One white house official appeared to mock americans ability to think for themselves and judge what is true online. A biden staffer telling facebook employees on a call this, if someone in rural arkansas sees something on facebook, its the truth. So, rich, clearly some people at the white house dont have a very high opinion of some of the great people in the great state of arkansas. Rich. Rich funny things when you put things in the public email, congress can get access to it. This is a broader investigation how the government interated with social media companies. Exactly. We are seeing from house republicans, jim jordan, he has asked meta to turn over internal communications and we have been seeing these internal communications then leak out and republicans do not like what they have seen contained in these and what they say they see is a direct line between the white house trying to exert influence over a platform that is supposed to be an place where people can express their freedom of speech and freedom of expression but one thing i will say, rich, in the documents i reviewed, there are several times where meta employees pushed back against what the white house was asking them to do, saying quite frankly, they cant remove that because it would be a violation of someones freedom of speech. Rich seems like a Monumental Task when you look at all the documents from the time period and what constitutes misinformation and what doesnt. Do we expect hearings, more of a back and forth between house republicans, the white house and these Tech Companies . Yeah, this investigation is still ongoing. They have turned over 53,000 documents that are both internal communications, other communications, Content Moderation Decisions that they have made. House republicans are still investigating, still digging into this. But broadly in congress we have seen a push from republicans to really hold people accountable that are in positions of power in the administration on the senate side, you are seeing senator rand paul ask for the criminal referral for dr. Anthony fauci for what senator paul says is misleading testimony he gave to the senate. So, we are seeing more pressure really across the board for this, rich. Rich Hillary Vaughn live on capitol hill, thank you. If you and i were talking a year ago, inflation would have been twothirds higher than today. Gas price down a buck 50. Gas prices are not where they were a year ago. A lot of investment in innovations around electric vehicles. Gifts that keep on giving. Sandra the white house moving forward for the big push for electric vehicles, making it almost impossible to buy a gas powered car. Are we going that direction . More painful at the pump in the meantime, National Gas Average price surging for the 15th straight day to 3. 80 a gallon, Charles Payne is here. The e. V. Push, they are pushing something their own Energy Administration is publicly, go to the administrations website, is publicly forecasting. We can only get to 10 of the american car market to e. V. By the year 2015. But here they are acting like we are going to all e. V. S in the next 10, 20 years. Let me just tell you what the market is saying. Market is saying people dont want the vehicles. Maybe they want them in some cases but cannot afford them. Some of the headlines in the last week or two. Ford says that their autos are piling up on the lot, e. V. , they cant sell them. They expect to bleed 4. 5 billion on electric cars this year, ok. Another headline, the washington post, ford delaying Production Goals of e. V. Saying less than expected demand for now, and here is the cnn headline. Ford to lose 3 billion from e. V. Sales to consumers this year. People are saying they are not ready for this. Why are they pushing it on them . Its ideology, ideology. Theres nothing else, this is all about believing in a climate thing and has nothing to do with economics or free markets ab nothing to do with free will. Sandra, i had a big piece, a new book coming out soon and on, you know how the big booms and the Auto Industry from the late 1800s to 1932, and its interesting. I dont think most people realize. 1900, 3 sources of automobiles, three forms of automobiles. Steam was 40 , gas 22 , guess what was 38 . Electric. Thats right, electric. Here is the thing. People back then, particularly going into the 1920s, they said they prefer electric because the gas cars have fumes, they were harder to operate and all these things. Guess what, they created the model t, start pushing them out. Model ts are 650, electric were 1700 bucks. No brainer. You could go see grandma three states over and people had anxiety about driving that far. So the marketplace won and the marketplace is saying the same thing today. Sandra regardless, they are coming for your gas powered car. Thats the headline. The headline is taking away your rights as an american, they are going to make you do something you dont want to do in the name of the climate volcano gods. Sandra thats what the wall street journal, bidens regulatory onslaught, says the Transportation Department on friday proposed 690 page rule raising corporate average fuel economy, Cafe Standards, automakers will have no way to comply but to make more e. V. S. Administration, and this is really important, administration is imposing by regulation what it cannot pass through congress and hoping nobody notices. They have used the Cafe Standards for a long time and i say shame on the Auto Industry. Here is how it works. California is the largest automobile market, so california automatically adopts whatever comes out from the quasi socialist governments. Obama did a lot of this stuff. You have to have one version of your auto fleet, so they usually bend to the will of california. So what happens there and the rest of us digest. But finally some pushback, certainly americans are pushing back. And remember, sometimes to meet these Cafe Standards it means less safety. You have to make lighter vehicles so they can go further. Lighter vehicles often means less safe vehicles. Things that you have to do to make this but its all a farce, all a farce. Sandra i worry about that when i see the tiny e. V. S on the road. And some people want the teslas, so the others have a hard time selling theirs. Finish with this from the washington examiner, how democrats are going to outlaw your car, many if not most of the internal combustion engines will be illegal to make, import or sell by 2038. Like the bush and obama era light bulb law, ban most gasoline powered cars by setting Efficiency Standards that cannot be met by the old technology. Ok, meanwhile, meanwhile we are about to get another speech from this administration and janet yellen, you know, shes going to be touting the economic successes out there right now and some worth pointing out, some things are working in the economy but its not working for everybody and certainly not benefitting the middle class. Yet here is Kamala Harris conceding that americans are struggling today. Listen. Most americans are 400 unexpected expense away from bankruptcy. Sandra ok. I mean a call from the white house after saying that sandra they cant afford a 400 emergency. The americans are not getting relief from college loans, those are not the americans they are talking about. They will not get 7,500 to get an e. V. , because they are not the ones they are trying to help. Those are the americans they are crushing with their band aid. Listen, fitch did it all. When fitch downgraded the rating to aa, that was the ultimate wakeup call for the american public. Making it too expensive and the success thats looking we have out there, thats a mirage. Thats 6. 7 trillion fade away. Its going to fade away. Its money that is borrowed time, 6. 7 trillion given out, pushed into the public, it was not earned. Sandra thats what kevin oleary is saying, until we acknowledge the Spending Problem we are not going to acknowledge listen. No way to sugar coat this at all. Its bad. If you thought we got to the Point Of No Return where it was impossible to pay this debt back, you would rename the United States of america venezuela. So, thats what youve got to start thinking about. Its that simple. Sandra thats a big warning from mr. Wonderful. Real quick, this is a very trusted economist by many, he comes on this program often. He works and advised the obama years on the economy. He was asked what this recent fitch downgrade from aaa to aa plus, right. Janet yellen is defiant on it, says it was not necessary, he said this about the downgrade, listen. The adversaries of the u. S. , they will point to that as yet another development in terms of the u. S. No longer being as powerful and as influential. Sandra i would call him normally an optimist. That did not sound very good. Hes kind of a phony in my mind. I know he comes on the show. Sandra hes a smart guy i read his work every day, he is always circling the wagons. We were warned about this, sandra, fitch did not just come out of left field, we kind of ignored the warning. Everything on that list, the reasons for doing this have been around for a very long time. The same people, im sorry, the same economists that always circle the wagon around the administration and say hey, things we are talking about, gdp, of course gdp is great. If you drop 5 billion in the economy gdp is great but its offset by inflation. The average person is not doing well in this economy. Sandra does the average investor who has feared the bull market that we have been living in, if they havent gotten in, they see it go up now, should they buy now . I believe in owning Great Companies period. I dont like people to try to pick the market, if its not their thing. Great stock in Great American companies. And not always going to go up. Sandra charles, fantastic. Thank you very much. Rich. Rich sandra, Hunter Bidens former Business Partner devon archer, a chinese tycoon loved him for his last name, his details from archers testimony this week and whether anything will come from it. We will talk with Kim Strassel Plus this. D. C. Jury would indict a ham sandwich and convict a ham sandwich if it was a republican ham sandwich. I think we have to reestablish a single rule of law. Sandra donald trump to appear in court tomorrow, but many asking as desantis was is twotiered. A former top adviser to senators on judicial nominees, mike davis, hes coming up next on that. What the Department Of Justice is saying here we recognize that politicians can say false things but not trump because he was told they were false. What type of standard is that . Fisher Investments in this market, youll find Fisher Investments is different than other Money Managers. other Money Manager different how . Arent we all just looking for the hottest stocks . Fisher Investments nope. We use diversified strategies to position our clients portfolios for their longterm goals. other Money Manager but you still sell investments that generate high commissions for you, right . Fisher Investments no, we dont sell commission products. Were a fiduciary, obligated to act in our clients best interest. other Money Manager so when do you make more money, only when your clients make more money . Fisher Investments yep. We do better when our clients do better. At Fisher Investments, were clearly different. Have fun, sis cant stop adding stuff to your cart . Get the Bank Of America customized cash rewards card, choose the Online Shopping category and earn 3 cash back. Rich for the first time the public is getting a look at the original proposed hunter biden plea agreement, the one the judge refused to sign, as jack smith announced four new charges against the 2024 republican frontrunner former President Trump alleging he interfered with the 2020 election results. Smiths Brief Statement strongly criticized and opponents are questioning if there is a twotiered system of justice at play. Mike davis is on board to discuss, but first griff jenkins. Trump is supposed to appear in court tomorrow. Good afternoon, rich. A little more than 24 hours from now, 4 00 p. M. , we expect former President Trump to arrive here, possibly arraignment and comes in the wake of special counsel jack smiths indictment and brief remarks which some saw as being political charged. Watch here. The attack on our nations capitol on january 6, 2021, was an unprecedented assault on the seat of american democracy. Its described in the indictment, it was fueled by lies. Lies by the defendant, targeted at obstructing a Bedrock Function of the u. S. Government. Smith is not accusing trump of inciting the January 6th Riot, and some legal scholars are criticizing the Grounds On Which Smith brought the indictment. That was one of the most demogodic cases ive seen in a high profile case. Anyone who listened to that, normal person would assume that trump was alleged to have carried out the capitol riot. When i take a red pen through material thats protected by the First Amendment it reduces much of this to a haiku. Many things that the prosecutor is charging here is protected speech. And rich, we are learning more about the judge who will preside over the trial, the case assigned to judge tanya chetkin, 2014 obama appointee to the bench and handled several cases involving January 6th Riot defendants. Meanwhile, we are keeping a close eye here looking to see if the Security Preparations ramp up a bit. Expect the scene to look similar to what we saw in miami in june when trump was indicted on alleged mishandling of classified documents. Rich. Rich busy day in the neighbor hoard. What are we hearing about the president s son and what hes going through with this latest plea deal . Well, we are getting a look, actually, at the plea deal itself, rich, and it certainly could bode worse for the first familys legal woes, particularly hunter biden, specifically in it i can show one quote from exhibit 1 in the plea deal says this, during calendar year 2017 biden, meaning hunter, earned substantial income including just under 1 million from a company he formed with the ceo of a Chinese Business conglomerate, 660,000, and 64,000, 500,000 in Director Fees from a Ukrainian Energy company, 70,000 relating to Romanian Business and 48,000 from the multinational law firm. Pretty significant, i was in the courtroom actually, rich, at the moment judge noreika asked hunter biden about these finances, he indicated that that was in fact the case. Well see where it goes, rich. Rich griff, thanks so much. Sandra. Sandra doj indicted former President Trump a day after Hunter Bidens former Business Partner testified on capitol hill, leading some to question the timing of it all. Mike davis, president of the article 3 project and top adviser, i know you well enough to know the thought has crossed y

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