Transcripts For FBC After The Bell 20151130 : vimarsana.com

FBC After The Bell November 30, 2015

Our children. What greater rejection of those who would tear down our world than marshaling our best efforts to save it. Rather than trying to unite the world against isis, rather than trying to find a solution to syria, rather than worrying about how we protect the homeland in a way that is effective, he is talking about this other stuff. Reporter some commentators called the connection between Climate Change and terrorism, a stretch. One study said the severe drought in syria from 2007 to 2010. It caused widespread crop failure and caused families to go to urban areas to raise the environment for isis but the he had are of to vox media said Climate Change can be only considered one factor that led to the conflict and it is impact. Melissa if even. Peter, thank you very much. David . David a meeting of superpowers in air paris as president obama was shaking hands with russian president Vladmir Putin. They discussed conflicts of syria and ukraine on the sidelines of todays climate summit. President obama repeating his request that putin target isis militants instead of Syrian Rebels we support. Joining me a man that knows Vladmir Putins movements as well as Vladmir Putin does, russian chess master gary kasparov. Also author of the new book, winter is coming. Does president obama have any hope getting putin on our side going after isis instead of assad . Absolutely not. Its a pure stunt. It is about a impression creating theyre doing something. Same with french president hollande, goes to moscow couple days after a russian plane violating turkish airspace in turkey. Instead of showing solidarity with turkey, a nato member, hollande sits there and basically giving putin a green light to keep bombing turkishsupported rebels in syria. Yesterday, russian planes intentionally bomb ad market. David dont we have any common interests with russia . Russia has a problem with islamic terrorists. We have a problem with islamic terrorists. Doesnt that make a common interest we can work on . With russia yes, putin no. David only leader of russia. He is dictator. He is believes he is russia. So far he has been throwing resources of our country into the flames. And in syria his interest is the opposite. He wants more conflicts. He wants to stoke conflict. That is the only currency he can trade inside of russia to boost his popularity. David he is also a supporter of iran. Iran of course controls large parts of that region including lebanon. Exactly. Putin and Bashar Alassad theyre allies. Theyre supporting terrorist organizations like hamas and hezbollah. Also it is important and recently revealed by the u. S. U. S. Treasury department that russian banks have been bankrolling transit for oil trade between assads regime and isis. David so the russian banks are actually helping isis to bank money they make from selling their oil . Absolutely. Everybody knows the assad regime is buying oil from isis. Also they have been buying electricity since the hydropower stations are ultimately controlled by isis, still being operated by the regime guys. David final question, how should we be dealing with putin . I mean he is the only leader that we can address in any forum like the one in paris . No, that is actually wrong. The problem david how do we deal with him . You dont deal with him at all. David just ignore him . Problems of the middle east america walked away. This is the policy policy of president barack obama who wants to leave the office as peacemaker. Im terrified for our prospects for the next 40 months f it continues there will be more things left for the president to deal with. David gary kasparovs book, winter is coming. Definitely coming. It is getting colder and colder. David melissa . Melissa we have breaking news from the state department. Releasing 8,000 emails from Hillary Clinton server. They were received in 2012 and 2013. Fox business is reviewing emails. Well bring you news as soon as we sort through them. Authorities in paris continue the manhunt for two suspects in the paris terror attacks. New details emerging that one fugitive reportedly purchased detonators at a fireworks shop in paris before the assault, after asking repeatedly about the reliability. Also, unconfirmed reports today that some investigators believe the suspects may have fled to syria now. David . David well the senate intel chairman blasting president obamas assertion that isis is contained in iraq and syria. Take a listen. To talk about containment is really a joke. The reality is isis may be geographically contained in syria and iraq but their efforts around the world to project terrorism and to commit terrorism is as robust today as its ever been. David of course president obama made the remarks about containment a day before the deadly terror attacks in paris. Melissa the u. S. Embassy in afghanistan is urging u. S. Citizens to take extreme caution around the countrys capital of kabul. The embassy warns it has received credible reports that an attack is planned in the next 48 hours. The state Department Says the alert is not a threat to the embassy or to u. S. Citizens but is refusing to say where the threat originated. David it is a busy day and were just getting started. Protesters in chicago today tick taking to the streets in anger over the Police Shooting of laquan mcdonald. The latest with our own jeff flock who is at the send tester action. Jeff . Reporter lots of developments, david, indeed. Lot of protests in the street. Shutdown of lasalle street outside of city hall. People ringing city hall, carrying caskets to symbolize the deaths of africanamerican men in chicago at the hands of police. Six arrests by my count, including the National President of the naacp. All of that going on as a university of illinois student was taken into custody for apparently a social media threat saying that he planned to kill 16 male students and staff at university of chicago. As i said, the threat was posted on social media. They shut down the university of chicago today. He made very specific threat, saying specific firearms he had and how he planned to go about it. He planned to kill himself as well as many White Police Officers as he could. In addition the white Police Officer at center of all of this, jason van dyke, he received a bond hearing today. The judge set his bond at 1. 5 million. He apparently will make it. He only has to post 10 . He will be out on the street today. It has an about extraordinary several days in chicago. David, you remember back to black friday where protesters successfully essentially shut down the magnificent mile. It is Interesting Times to say the least in chicago. David it is indeed. Jeff, thank you very much. Glad youre there. Melissa . Melissa Hillary Clintons list of Campaign Promises getting longer and unfortunately a whole lot more expensive. The democratic frontrunners latest 275 billion infrastructure plan, brings her total Government Spending to one trillion dollars. She says that middle class taxpayers will not be paying for her spending spree. Here to weigh in, art laffer, former reagan economic advisor, laugher associates and founder and chairman. Time to check the math on some of these things. Lets start with the big one how we pay for the whole entire thing and start with the details [laughter] it is great. Melissa Editorial Board said vow not to raise taxes on anyone worth more than quarter of a billion dollars by taxing wealthy is not mathematically possible. It is implausible they say. Theyre correct but let me just if i can, there is a principle here, melissa, if i may. Whenever you redistribute income, take from people who have more and give to people who have less, by taking from people you have more, you provide them with disincentive and they produce less. By giving people who have less, you provide them with alternative source of income so they also produce less. The theorem here is math. It is not republican or democrat or liberal or conservative, leftwing or rightwing, it is math. When you redistribute income you reduce total income of the more you redistribute the further you reduce total income. When you finally get to a hillary world where you have total redistribution of income, it will only come when there is zero income. Everybody will be equal making nothing. These melissa well be laying around eating fruit until it is all gone. Nobody is working so logical. I just dont know how people dont understand the basics of it. They should. Melissa lets drill down on some details. She wants to spend 6,509,000,000,000 on 650 billion. 350 billion, on college thing. Even Federal Reserve bank of new york, impartial, Federal Reserve bank of new york, just math, for every dollar you give to support federal loans, to help people pay tuition, the cost has gone up 65 cents. I know. Whenever you do Something Like that, all youre doing is asking colleges melissa inflate the price. Of course youre doing that. That is exactly what happens. The one thing we found, when states dues income tax, one thing that happens, Civil Service pay goes up. Nothing else improves. The schools dont improve. Nothing else improves. Thats what happens. This is just another classic example of this. Melissa what is wrong with paying for infrastructure . We always see stories how our bridges and roads are crumbling. It puts people to work. Builds the nation, great for everybody. It is a winwin. Why not. It is not a winwin. Great to do infrastructure given Government Spending where it should be spent. Should not be spent on paying people not to work. Should not be spent giving free education. Should not be spent on all these awful things theyre doing all over the place. It should be put on increasing productivity in the u. S. Infrastructure, roads, way ways, bridges, all is the best form of spending but frankly we cant afford that now. You have to cut back on lots of other spending to be able to ford that types of infrastructure. Melissa not only that, last time around, you check for the money set aside, it never gets spent. Shovelready jobs, it got skief foned elsewhere. Offs. That is always what it does. Hillary is the worst example professing silly economics. She has no respect for her voters. She should know better than to do this stuff with people. Sorry, Melissa Melissa we got to go. Youre great. Thank you, melissa. Say hello to david for me. Melissa he is right here. David weve got breaking news. The state Department Just releasing nearly 8,000 pages of emails from Hillary Clinton. Our own peter barnes in washington, d. C. Where he has read every single word of those 8,000 pages in just the past three minutes. Go ahead, peter. Reporter just starting, david. Want to give you highlights. 5100 new private emails, over 7800 pages covering president clintons time as secretary of state from 2009 to 2013. This time around the state department retroactively redacted 329 of them because they are now judged to have contained classified, secret information that should have been classified at the time these emails were sent under state department rules. Now heres one effort mail, a couple quick searches here for key words. Here is one on iran from may of 2010 which was about the time that the administration and she, were involved in secret talks with iran on a possible nuclear deal. And here is another one about a conversation with israeli Prime Minister Benjamin Netanyahu and as weve reported before, any email involving conversations with a head of state or a highranking official is automatically deemed classified because of the nature of the call. This one now classified in hindsight by the state department. David, well keep plowing through these. David iranian nukes, who wouldnt think that was classified . Iranian nukes . You know. Anyway, boggles the mind. Peter, thank you very much. Reporter okay. David politics now, not backing down, donald trump insisting he was right and has no plans to take back his controversial comments about what happened on 9 11. Melissa busiest day of the year for amazon, going inside of the worlds biggest retailer. Do you know where your packages are . Im looking for my packages. Im missing a few right now. David im tracking them. End of an era. Basketball fans saying goodbye to one of the greatest players of all time. Details coming up. Off. Suddenly the police are there. When you call the insurance company, they want to know everything. How fast were you going . Were there any witnesses . How much damage was done . The only thing they dont ask is, are you okay . At liberty mutual, we never forget that policies are about people. See Car Insurance in a whole new light. Liberty mutual insurance. Can a a subconscious. Mind . A knack for predicting the future. Reflexes faster than the speed of thought. Can a business have a spirit . Can a business have a soul . Can a business be. Alive . One of many pieces in my life. My ngtm corolmedine, mingack i lkedo myoctor and found a missing piece in my asthma treatment. Oncedaily breo prevents asthma symptoms. Breo is for adults with asthma not well controlled on a longterm asthma control medicine, like an inhaled corticosteroid. Breo wont replace a rescue inhaler for sudden breathing problems. Breo opens up airways to help improve breathing for a full 24 hours. Breo contains a type of medicine that increases the risk of death from asthma problems and may increase the risk of hospitalization in children and adolescents. Breo is not for people whose asthma is well controlled on a longterm asthma control medicine, like an inhaled corticosteroid. Once your asthma is well controlled, your doctor will decide if y like an inhaled corticosteroid. Do not take breo more than prescribed. See your doctor if your asthma does not improve or gets worse. Ask your doctor if 24hour breo could be a missing piece for you. See if youre eligible for 12 months free at mybreo. Com. David we have breaking news. New york assemblyman speaker Sheldon Silverman was found guilty on all seven counts. Served two decades as assembly speaker. One of new yorks most powerful positions before he resigned in january. Preet bharara was u. S. Attorney who prosecuted. He said today Sheldon Silver got justice and at least so did the people of new york. Melissa cyber monday expected to be one for record books. Amazon showing off new delivery drones ahead of holiday season. Joining me with details, fox businesss jo ling kent at Amazon Fulfillment Center in new jersey. Jo . Reporter right now i want to show you packages on the conveyor belt. These are all destined for a truck. Amazon says in the future it wants to put them on drones, fly them to you in your backyard and land them and take packages of about five pounds or less. But for today, amazon already setting some pretty impressive records. More than 500 orders per second, melissa, are being processed right now on cyber monday. Amazon is poised to have its best cyber monday in history. And as it continues to compete, it is facing new challenges from google shopping, from target, despite their delays today. Of course walmart which sin vesting billions of dollars in its ecommerce. What is surprising in the fulfillment center, were looking at 14 miles of conveyor belt. That red like youre looking at there, that is scanning all the packages to sort them. Then they go directly on to the trucks to be delivered all across the country. Arizona, pennsylvania, right here in new jersey. Its a big day for amazon. Well see how it stacks up. We do know retail sales have been relatively weak. Online sales eclipsing what were seeing in your traditional brickandmortar stores. Melissa. Melissa that is amazing. I had no idea they moved that fast. Im pretty sure i saw my baby wipes go past you. I saw your name. Melissa perfect. David keep that tracking number more people First Time Ever online than actual stores on black friday weekends. Are all the online sales really worth it . Join being Jonathan Hoenig, capitalist Pig Hedge Fund founder and a retail analyst. I give you something very anecdotal. A lot of people went online said we couldnt find deals. The stuff we wanted, we couldnt find discounted on the web. We got discounted but all deals seem to be for stuff we dont want. Right. David is that just anecdotal or is there some evidence to back that up . No, that makes complete sense. National Retail Federation came out with a report that 57 of people went shopping prior to black friday. Got most of the shopping done. Most of it used by millenials using mobile Payment Systems like paypal. So they have been doing this for a while. Makes sense a lot of inventories have been depleted. I spoke to ceo of google ecommerce, he says a lot of sales. Black friday is not necessarily black friday anymore, like gray november, or gray november. The retailers have been spreading out deals the past couple weeks into november, early october, into november. So makes complete sense. Inventories will be defleeted pleated, people cant necessarily find them. David jonathan, maybe there is hope for us all. I think that hope is fading this is transformation going on many years, from the wells fargo wagon, from the pony express to the Sears Roebuck catalog now to amazing amazon. Com line there. Cyber monday has grown 50 in just the last three years. So the trend is very much intact. In fact you look at millennial, david, this is generation werent born before the internet. 90 of them are choosing online options. David jonathan, let me stick with you for a second. When you look all the data that comes in what happened over past four days, is there any stock or company that builds websites or something that appeals to you that you would invest in right now .

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