Transcripts For FBC Countdown To The Closing Bell With Liz C

FBC Countdown To The Closing Bell With Liz Claman April 4, 2016

Shes moved on to new york, her home state, to Campaign Today with new york governor andrew to cuomo by supporting his 15anhour minimum wage plan. Our Political Panel on how cruz and sanders are going to change the Political Landscape as we speak. Richard goodstein and Brad Blakeman are here. Plus, as president obama meets with the current nato commander, Donald Trump Holding firm on his belief that nato is an outdated organization with no teeth. Does america need to renegotiate its defense commitments with nato and europe . Are we really getting fleeced by the whole nato thing . The tough as nails commander who says, not so fast. On wall street, markets drifting lower after posting pretty decent gains last week. The dow is down about 49 points. Still, there is a lot more than just that loss. Plus, no redemptions for you. Puerto ricos bondholders have filed suit, well tell you what that says. Tesla sales soar, and Charlie Gasparino has the Virgin America sale to alaska air. Were less than an hour to the closing bell, lets start the countdown. Liz okay, so with the dow down 4 points, weve 44 points, weve cut in half the losses, are the markets backing off right now . Stocks got too close to last years highs. The dow is hitting fresh session lows within the hour, down more than 80 but, again, back off that at the moment. The s p down about a quarter of a percent. Nothing to really see here, folks, but look at oil. Fresh drops in oil prices, 3 to the downside today, settling at 35. 70, we are just about a nickel higher than that in the after market session. Despite the modest bearishness in the markets, i bet youll be happy to know four stocks are breaking out to lifetime highs today. Lifetime highs. Cocacola, you own that . How about home depot . How about travelers . How about mcdonalds in and whats so incredible about mcdonalds is theyre seeing their fourth record in a row as it continues to benefit from last weeks announcement that it was expanding in china. The first dow stock to hit a lifetime high in the second quarter. We have it up about half a percent, and now i want a big mac. Two allbeef patties, special sauce, lettuce, cheese, pickles, onions on a sesame seed bun. Its the old cmercial. Team fox business coverage across the state of wisconsin. Blake burman is in the state capital of madison, and jeff flock in milwaukee to cover the democratic side. The two shall converge as we watch all of this and more. But first, we begin in the capital just one day away from the wisconsin primary. Donald trump and senator ted cruz holding dueling events right now at this very hour. Youre looking at live pictures. Superior is where donald trump is, ca nobody shah, ted cruz has arrived. Wisconsin, a state that leads in the two major food groups as i like to say, cheese and beer. The third is delegates. Neither president ial candidate can afford to lose. Nationwide cruz trail ares trump by 273 delegates, but republican rules in wisconsin give cruz a pretty Good Opportunity to win all or most of the states 42 delegates on the republican side. So the question remains, is wisconsin cruzs to lose or trumps to gain . Fox business blake burman live in madison with the very latest, and both the candidates are in that state right now. Reporter yeah, hi there, liz. Four stops for ted cruz today here in wisconsin, three for donald trump. John kasich has kind of picked up and moved on, but this is certainly the final push right now in wisconsin. I want to take you to live pictures, i believe we have it, of donald trump in superior, wisconsin. Cant stress enough really the location, the geography here. This is in the far northwest part of the state on the minnesota border by duluth. This is some five hours away, a fivehour drive from the state capital here in madison, wisconsin. Significant because it is at least believed or thought that should donald trump exceed expectations and do well here tomorrow night in wisconsin, he will need the northern part of the state, the western part of the state, the more rural areas, and that is where trump is right now in superior, wisconsin. During his first stop earlier today, he talked about the significance of what this race could mean tomorrow. If we do well here, folks, its over. [cheers and applause] if we dont, if we dont, if we dont win here, its not over. But wouldnt you like to take the credit in wisconsin . [cheers and applause] for ending it . Give wisconsin the credit for ending it. And then we could focus on hillary instead of these two guys. Reporter now, liz, if ted cruz ends up winning tomorrow, it increases the chances that we could potentially be headed toward a brokered convention in july in cleveland. We spoke with cruz, reporters did, we were there a little while ago here in the capital of madison, and this possibility of a brokered convention was right in the forefront of what cruz was asked and talked about, and he tried to make the argument that it would get down to him and donald trump, one versus the other in cleveland. And he says nobody else. He said it would be like a white knight being parachuted in, thats what the washington establishment wants, but he doesnt think it would get to that moment. Here in wisconsin the polls show that cruds leads, the very latest one from cbs has him up six. Well see how it all shakes out tomorrow. Liz blake, thank you very much. In fact, let us take you live to what is known as the bong airport hangar in superior. Lets listen to donald trump for a moment. Im selffunding my campaign. Im putting up my own money, right . [cheers and applause] and nobody does this. I guess the last might have been ross perot. I dont know of anybody at does it. I have turned down tens of millions of dollars from special interests and from people and, frankly, from friends of mine. They want to give me millions. One guy in palm beach recently said, donald, wed live to give you 10 million. Now, for me to turn it down is, you know, its like against my grain. [laughter] because my whole life ive been taking money. I take, take, take. [laughter] thats what a businessman does, right . Or a businesswoman. We take we take. And, you know, they come up, id like to, and one guy in particular, hes a very rich guy, member of the maralago club, donald, id like to make a major contribution to you or your pac. I said i dont have a pac. I dont have you know, all these guys have these phony pacs. I saw where cruz the other day had an event run by his pac. Thats not allowed youre not allowed to do that. They said it was paid for and run by his pac. Youre not allowed to do that which is, thats a whole other story. But this guy comes up, he said, id like to give you whatever money you want for your campaign. I said, i cant take it. He looked at me and said youre kidding, right . Hes a business guy. I said, no, i cant take it. I have turned down so much money, if i would have accepted i think bush, jeb, had the biggest of all the pacs. He had, like, 148 million or something, and i think it got even a lot bigger than that. I could have had that times four or five if i would have taken the money. And coming over i said, you know, i dont think its appreciated. And im not knocking you. But when people look at me and then they look at this guy, cruz, whos totally control by the people that give him the money, 100 totally controlled. But when they give him that money or when they give how about kasich . Kasich is 1 for 32, okay . [laughter] you know what he is . Hes a guy just doesnt stop, which i respect in one way, because i always say never quit, never give up. But if you go by that theory and, by the way, the people from back there are pouring in as we speak. You dont mind, unless you want to wait for about two hours. You want to wait . No, i didnt think so. How about kasich . Hes won how many states are there that weve gone through, like 30, 32. Whatever it is, he won one, and i would have won that one if i would have had two more days. I stayed in florida to campaign, because i thought it was closer. We won florida, by the way, in a landslide. Won by almost 20 points. And i should have left florida a little bit early, but i didnt want to take a chance on losing florida. So if i went to ohio one extra day, maybe two days, i would have won. We came in very close. Against him and the machine thats in ohio, which is fine. I understand it. But heres a guy, hes 132. And the one is his home state. I mean, give me a break. And he almost lost it. So hes 1 for 32, and he just says im going to keep running, im going to keep running, i dont care. And hes taking my votes. Because hes not taking from cruz. Hes taking from me. And i say to myself, its unfair because marco could have stayed, he would have marco was doing much better than he was. Marco could have stayed, they all could have stayed. Jeb bush could have stayed, right . You know he would have liked to have stayed. Low energy, its what i said. Just that. [laughter] but they all could have stayed. If you go by that theory. So i think its unfair. And i will tell you one thing about kasich, he voted in favor of nafta. Hes in favor, which is a disaster. That sucked, that sucked the businesses from wisconsin and every place else. You have to see new england. Just took em away. He voted in favor, and what he wants now is tpp, transpacific partnership. A total disaster for our country. Led by the special interests, led by the lobbies, led by countries that want to rip us off and take our jobs, led by people this is going to make nafta look like a baby, folks, and you shouldnt allow it. Ted cruz wants it. Ted cruz wants it badly because his people that give him money are telling him we want it. And its a bad thing for our country, believe me, folks, a really bad thing. [cheers and applause] i love wisconsin. [cheers and applause] i love wisconsin. You know, its funny, we had a situation where cruz was going to win the south, remember . Until be i came along. [laughter] but he was going to win the south, and he was actually they were thinking New Hampshire, but somebody else was supposed to win New Hampshire. Looked like jeb was going to win, and i came up. We won New Hampshire in a land slide, right . Landslide. And by the way, i spent a tiny fraction of the money. Isnt that nice when you can spend heads and come out number spend less and come out number one . Isnt that good . Liz trump in superior, wisconsin, riling up the crowd, speaking against nato, obviously continuing his protectionist view about getting fair, not just free trade. And you can see one of the things he said that jumped out at us, i would have won in ohio if i had had two more days. Well, you didnt, okay . So, but the more important thing is donald trump is giving a few props to john kasich who will not get out of this race, and then he proceeded to rip him for a couple of other stances. But youve got to keep it right here for all your wisconsin primary election coverage. Im going to be on with lou dobbs, neil cavuto and the rest of the fox business allstars tomorrow night. Were going to have the latest poll results, and then the second winners are named in both the democrat and republican races, weve got it. 8 p. M. Eastern tomorrow. Coming up, jeff flock, to the democrat side and whether all of that protectionist talk works for the democratic voters. 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Jeff flock in milwaukee with the latest on that. Reporter yeah, maybe its a sense of trying to, you know, tamp down expectations for Hillary Clinton. But first, Bernie Sanders here crisscrossing the state today. We had him this morning in janesville, wisconsin, and take a look at the be pictures from there. Very enthusiastic rally. He picks up a lot of support from those daffected workers like the ones as the gm plant. Ones at the gm plant. Raise taxes on the wealthy and not free trade, fair trade. Actually maybe its a trump sanders ticket. I dont know, anyway, Hillary Clinton hasnt even been in the state for the last four days, in fact, four occupant of the last five days she hasnt been here. Campaigning in new york and, as i said, maybe because the polls are so close, she wants to make even a close outcome look like a win for her, putting all her eggs in the new york basket. Not Bernie Sanders, hes putting them all right here, because he thinks if he can translate that enthusiasm to votes at the polls tomorrow, hes a big winner. Take a listen. If theres a large voter turnout, we will win here. If we win here, were going to have a bounce going into new york state where i think we can win. If we win in new york state, between you and me, i dont want to get Hillary Clinton more nervous than she already is [laughter] reporter oh, shes probably nervous enough, but there you go. If he does win here, liz, its six out of seven and you may say hes a long shot, but if all he does is keep winning, i dont know, maybe not such a long shot. Liz i dont know if you saw the wall street journal front cover here, but it says, sanders cash keeps flowing. Reporter 44 million, incredible. And its all people with 200 or less. 56 of it 200 or less, as opposed to his opponent. Liz no Political Action committee, from what hes talking about. Thank you, jeff flock, in wisconsin. We cannot stress enough that its early, okay . I get a lot of tweets, liz, how can you even we know its early. But knowing that, if it all came down to today, it isnt only the delegate math that could prevent donald trump a presidency, its also those democratic opponents. Trump is also losing in a headtohead matchup against both Hillary Clinton and Bernie Sanders by double digits. We bring in democratic strategist Richard Goodstein and republican strategist Brad Blakeman on whether theres any validity to whats showing up in the polls right now. Brad, can donald trump start appealing to a larger base so those polls get put to the wayside . Yes, he can, and hell do that if he is to secure the nomination. And the sooner the better for donald trump, but it doesnt look like its going to happen that way. In wisconsin tomorrow looks like cruz is going to win, and then were off to new york, and i think trump will do much better there. But then we have pennsylvania on april 26th, and i think by that day well find out who the nominee is likely to be, if anybody, or this is going to the convention. These polls dont mean a thing right now in the general election. You have to be selected by the party first before youre elected by the people. A lot is going to change after both conventions. Liz yet its what we have to go on and, therefore, richard, look, you cannot deny that Donald Trumps supporters are pure of heart. They are supporting him with nothing in their way. However, is it possible that his image is much larger than the power of that core popularity . I guess, in a way, a paper tiger . Its true that polls at this point in a general election matchup dont count for much, but heres where they do count. The fact is three months ago, two months ago donald trump was actually ahead of Hillary Clinton by three points in the fox poll. A month later hes down five. A month after that, hes down eleven. So the trend lines certainly not good. If you look at his favorabilities and unfavorabilities among all those groups in the republican autopsy back in 2013 that they had to do better with, hispanics, women, young voters, hes like 25 favorable, 75 unfavorable. So is it thinkable, conceivable that he could turn it around . I guess. Look, in the business channel, liz, your viewers need to get it straight. The fact is Bernie Sanders does not have a path. Yes, hes won a bunch of caucuses x he may win in wisconsin, but its proportional. Liz right, i get that. 750delegate margin may be down to 735. And then hes got new york and pennsylvania and california, new jersey liz maybe the erosion is happening we heard that before ohio and illinois. Liz okay the fact is hillary liz but the distancing that he starts to endure, the pockets of different people that he said things that do upset them. You know, i talked to katrina pearson, his spokeswoman, last week about that, and heres how that conversation went down. She brought it right back to ted cruz. Listen to this. He believes what he believes. But you now have immigrant groups, at least some of them, against him. You have antiklan groups against him, prochoice people against him. Katrina, theres not going to be much left except jews for jesus at this point if he keeps o

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