Transcripts For MSNBC The 11th Hour With Stephanie Ruhle 202

MSNBC The 11th Hour With Stephanie Ruhle September 20, 2024

And, protect our dreamers and understand, we can do both, create Unearned Pathway to citizenship, and ensure our border is secure. We can do both and we must do both. Donald trump and his extremist allies will keep trying to pull us backward. We all remember what they did to tear families apart, and now they have pledged to carry out the largest deportation, a mass deportation, in american history. Imagine what that would look like and what that would be. New polls out today so that the race is still very tight in the swing states. The ones that count, with harris holding small leads that fall within the margin of error. Meanwhile today, more than 100 former national security officials who served in republican administrations as former congressional republicans signed a letter endorsing Vice President Harrison calling Donald Trump quote, unfit to serve. Her opponent spent the Day Campaigning in an unusual state for republican president ial nominee at this point in the campaign, New York. Trump and vance talked about the feds decision to cut Interest Rates, as well. The economy is very bad to cut it by that much assuming theyre not just playing politics, the economy would be very batter they are playing politics but that was a big cut. A halfpoint is not going to help those families a whole lot. Its better than nothing. The fact that the fed is going to give them a little relief in the midst of an election is nothing compared to the disaster that Kamala Harris policies of cost in this country. Just days after an apparent second Assassination Attempt on Donald Trump, false rumors spread online that explosives had been found in a car near trumps New York rally. Police said there was no truth to those stories and one of the people who spread the Lie Online is Donald Trump super Supporter And Owner of twitter now x, elon musk. Lets get smarter with the help of our Leadoff Panel tonight. Peter baker is here, nbc News Washington Correspondent sender and national political reporter for semaphore. Peter, lets start with you. I want to talk about the politics of this interest Rate Cut. What does it mean for the election and i want to remind our audiences Donald Trump and Jd Vance are saying this Rate Cut was political, the fed chair is Jay Powell who is been in that position since the Trump Administration and was appointed then. Yes, Jay Powell is not thought to be much of a political figure. As you rightly say, he has a Trump Appointee but doing this obviously in the fall of the Campaign Year inevitably is going to raise questions. I think what it says is that the fed believes it has basically beaten inflation, that it is time now to loosen up the money a little bit, keep the economy going well, provide funding for businesses that want to expand and make sure unemployment does not begin to rise with the tight money supply. What that means for the election, its hard to say. The truth is history shows that peoples opinions about the economy are not really related to numbers or facts that are presented in the newspaper. There related to what they see in their own lives and its so late in the cycle its hard to imagine people she is changing as a result of something like this but obviously it suggests that the economy at this point with relatively low inflation, low unemployment, relatively high Stock Markets is in relatively good shape. That does not mean there are not problems. One of the things a Rate Cut may do is help address the cost of housing, which is cramping a lot of young people who cannot afford to buy paces places to live but it wont necessarily change things in the next 58 days. Its awfully close to the election to change peoples attitudes. Except of course, Mortgage Rates are going down. Peter just said it. Affordable housing is a huge issue. The Rate Cut is going to help with mortgages. How does the Harris Campaign see this Rate Cut . What are they going to do with this because peter mentioned lots of very positive things, the economy is a very difficult needle to thread. It is certainly a difficult needle to thread and that is why we have seen Vice President harris when she was initially putting out her first set of policy proposals, she immediately made housing a central part of that, talking about the fact that she wanted to help people with a down payment, giving them 50,000 for down payments, firsttime homebuyers but also saying she wanted to work on trying to get corporate landlords to not be able to raise the rent and the way she believes they have been raising unfairly, so is there a push to explain to the american people what the Harris Administration would do to them. The other thing though, it is really a Vibe Election when it comes to the way people see the economy. A always interested in hearing how people see their middle Class Experience because you have people that are waitresses and who are sort of listening closely when former President Trump is saying he wants to pass some sort of policy for overtime would be taxed but the details of that are still very vague. You also have someone like Vice President harris is going after people who want to own homes and who also are Renting Apartments and are feeling the squeeze there so there is this real race to try to figure out who is winning on the economy. The polls show over and over again that americanstyle trucks still trust former President Trump on the economy that is when he was on a Tv Show that he is seen as a wealthy man who can handle the economy but Vice President harris is trying every day to chip into that in a way that will help undecided voters and voters in key Battleground States begin to trust her more. Yes, and he has become wealthier selling his supporters bibles and sneakers. Now he will have a Crypto Exchange and of course he has his own stock for his company that does nothing. These Battleground State polls are really tight. Any chance this Rate Cut could move things . It does fit into the Harris Campaigns overall narrative, which is that things have improved. They need to improve more. People need to have prices lowered in a tangible way. This is tangible. People are going to see the effects of this. This is why a course of conservative surrogates have complained about the timing of the Rate Cut. They are complaining because they think it will be beneficial to democrats. Donald trump has been combating this. He has the record of 2017 and 19, not 2020. He is also been making these promises that do not cost him in any way. He did it again in New York tonight, talked about capping Credit Card fees, hes talked about a series of Tax Cut. Hes talked about universal ivf paid for by the government or mandated for insurers. He keeps promising things that would decrease costs for a lot of americans who get tips in their wages and democrats have struggled to compete because theyre not just rolling it out ideas. Can i interrupt you . Theyre not struggling to compete. Donald trump is offering a new goodie in the new Tax Cut every day and has yet to articulate how and if it is going to get paid. While people might want to look at Donald Trumps term pre covid, saying the economy was strong, the deficits ballooned on the under Donald Trump and i know deficits are things people dont pay attention to anymore but they will when they are truly out of hand and you see the Bond Market crumble, so it is amazing that you just hear well, Donald Trump is offering all these things. Yesterday he said im going to cut your Car Insurance by 50 . How . He doesnt regulate that. Car insurance is run by the states, not the federal government, so democrats are competing with Donald Trump lying. I liked your post about that yesterday, truthful information on x. That is a nice twist to put some true truth on the website. It is not a struggle like their waking up and agonizing over it. It is one party in power saying there are tangible things we can do to change your Life And Mitt romney was not proposing a different idea every day that he thought might pull well but has not been tested and that is the contrast. Democrats can point to concrete things that are changing contrasted with trump ideas that are coming so Fast And Furious and are not coming with a plan to get through congress. Everyone who covers Congress Founds republican senators and house members saying the same things. Well gosh, i guess thats on the table. Its not an agonizing problem for democrats, it is how do you compete against the candidate that keeps proposing random ideas that sound great with no way to pay for them. One way you can is by saying look, the fed cut rates because we have beaten inflation. Its a very traditional message. Our policies have worked after a long time of striving. Look at how your rate is going to go down. Perhaps voters can think back to junior high Student Council elections. The person who offered no school on fridays and getting rid of the cafeteria for fast food, theyre not actually telling the truth. On top of Todays Letter endorsing harris that was fined signed by more than 100 republican officials, more than a dozen former reagan staffers also endorsed her, reagan. In the once house of the republican party, there was no higher strong one could sit on. I want to know what republican elected officials that you talked to, what do they say when endorsements like this happen . They obviously dismiss people like that is rhinos. That is the phrase President Trump uses, republicans in name only. It is true since trump came on the scene a lot of established republicans, people who have voted their lives, have left the party or at the very least broken with trump. They do not see in him the Second Coming of Ronald Reagan, they see somebody who has the opposite approach that Ronald Reagan had. Trumps antialliances, anti optimism, all of those things that were associated with Ronald Reagan and are not associated with trump. You do see a lot of republicans breaking away. Cheney is the most prominent one in recent weeks. It does say something about where the republican party is these days and is trying to figure out its own identity and people who used to be stalwarts are no longer welcome. Donald trump is trying to shut down democrats who are calling him a threat to democracy by trying to link that statement to the second apparent Assassination Attempt on his life. But, he is doing this while he is ramping up his own attacks on his opponents. What is the harris teams take . How are they going to handle this now that he is complaining about the rhetoric but he is only ramping up his. Its very interesting the Harris Campaign is not said much about this effort by republicans to paint them as the ones who need to tone down the rhetoric. Ive been talking to a number of democratic operatives who are familiar with the Harris Campaign and were talking to the Harris Campaign and what they tell me as this is really something they feel like its not going to stick. They do not feel like this has legs. They feel like republicans are really playing the game here and that they dont have a leg to stand on because all you have to do is roll the tape including after july 21st. You find videos of Donald Trump in using inflammatory language. Including videos for they say they shouldnt be calling him threats to democracy. He is actually condemning the language while actually echoing the same language. Dave, how complicated is this for Vp Harrison democrats because when they dont come out swinging, when they dont fight back, people accuse him of bringing a spoon to a knife fight. They dont swing at everything and if you have listened to the Vice President since she became the nominee she does not talk about trump as a threat to the democracy in the same way that biden does. She talks about defending freedom. Its been much more specific and if you look at the way republicans this week have highlighted the way democrats talk about trump, go back and read the models they have been putting out. Sometimes theyre saying what a democrat said about trump after January 6 saying he should be removed from office oh, that might be a violent piece of rhetoric that influenced the shooter. Theres really nothing there except a lot of Dust And Heat been thrown up to get democrats to stop talking about this and i think the most important thing here is a lot of people fought after the first Assassination Attempt that it would change the trajectory of the campaign. It was going to change Donald Trumps image of have a lasting effect on voters. The evidence we have seen so far, its playing a bit more like the attacks on Gerald Ford in 1975. He survived, it was grisly but it did not change the way people thought about Gerald Ford. It is not changed the way people think of Donald Trump. From the experience two months ago i hear republicans using a lot of Talking Points that got very stale very quickly in the summer and i think are even more stale right now. Thank you both for being here. Peter, im not letting you leave just yet because we need to talk about the developing is in lebanon. For a second day, lebanon was hit with a wave of deadly explosions of electronic devices. My Colleague Ralph Sanchez has those details. Reporter tonight, a second wave of explosions tearing through lebanon. Yesterday it was pages that belonged to Hezbollah Members. Today, it is walkietalkies detonating simultaneously according to lebanese state media. This blast at a Funeral Today for a Hezbollah Member killed in yesterdays bombings. The lebanese army blowing up one walkietalkie in a controlled explosion outside a hospital in beirut. Uranianbacked militants unable to stop what u. S. Officials tell Nbc News is a Fast Israeli Covert Operation to targeting hezbollahs personal and its communications network. Lebanons Health Ministry says at least 14 people were killed in Todays Blast on top of the 12 killed yesterday. Two of them, children in hospitals struggling with an influx of more than 3000 injured people. Doctors involved in treating the wounded in the Pager Tax that they suck many injuries to the face for people were looking directly at the device as well as to a side where it was clipped to a belt or in a pocket. Officials say is really agents planted tiny explosives inside the pages, which detonated after receiving messages that appeared to be from hezbollah leadership. Israel refusing to say if it was involved. Tonight, the Defense Minister says the war is moving to a new phase with troops shifting from gaza to the fight against hezbollah on the lebanon border. As israel vows to make it safe for thousands of civilians displaced by the fighting to finally return home. Peter, does this seem to be a Turning Point in the middle East Conflict . I dont know about Turning Point but its important to remember what raff is sailing, which is to say thousands of israelis have moved away from the northern border near lebanon because of hezbollah attacks on their civilian community. But they were trying to do here is find a way to get back at hezbollah without creating the same massive civilian damage we saw in gaza and that would escalate in a way that would create a whole second front in the war and also basically trying to get into Hezbollahs House a little bit. Now theyre going to be worried about any kind of devices they have. Theyre going to have to wonder whether or not the things strapped to their belt is actually a bomb against them. That is very effective psychological Warfare Tool here but i dont know if it will cause the Site Kind of Escalation Israel will have to worry about but we will see. This is a very volatile moment in the middle east. When we return, the federal reserve Changes Course and is for the first Rate Cut in four years. What this move could mean for the economy. Later, new revelations that the Trump Campaign continued to spread lies about haitian immigrants even after being told that they were not true. 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