Transcripts For FBC Lou Dobbs Tonight 20170530 : vimarsana.c

FBC Lou Dobbs Tonight May 30, 2017

Election has taken over on the fake news . Asked today to give an example of that, mr. Spicer said this. On friday, the president was having a great discussion at g7, and someone from the bbc and ultimately incoming reporter from the New York Times retweeted the president was being rude by disrespecting the italian Prime Minister. Reporter after some reporters said that wasnt so much of a big deal, the press secretary shot back. The reason the presidt is frustrated is there is a perpetuation of false narratives, use of sources over and over again that are not happening and that is troubling. Reporter when the white houses Communications Director mike dubke confirmed hes resigned after three months on the job. Dubke writing the reasons are personal but has been my great honor to serve President Trump and this administration. Dubkes decision to leave is not unprecedented. In fact, president obamas first communication director, ellen moran left for landing over at commerce. His departure seemed to confirm the president s frustration his job has been able to slow stories suggesting ties between the Trump Campaign and russia. None of which have been proven true. A spartan crowd at the white house, they need to beef it up and bring in talent who are dedicated to the president s agenda. Reporter talent like of that mr. Trumps former Campaign Manager corey lewandowski, resume order to join a retooled white house war room. The president always surrounded himself with people who are able to Work Together and in a collaborative fashion are able to deal with the news of the day and think longterm and strategically. Reporter as the president s first agenda is challenging the status quo abrochltd his tweets that we have a massive trade deficit with germany and pay far less than they should on nato and military. Very bad for the u. S. This will change. Followed german chancellor Angela Merkels suggestion, europe needs to put its destiny into its own hands. The president s refusal to back the Paris Climate Accord at the g7. He chooses instead to study it further. In fact we learned today, we should learn now quickly what that might mean for u. S. Participation in that multination accord. Also, lou, we learned the president interviewed a couple more candidates for the vacant fbi director position. One of them, the former number two at the agency, a man by the name of james pistole. If that name sounds familiar, it should, he once headed the tsa am the other person interviewing today, former assistant attorney general christopher wren. Lou . Lou kevin corke, thank you very much, from the white house. The pentagon successfully shot down an icbm during the firstever test of its groundbased intercept system. The test occurred just two days after the north korean regime launched its ninth missile this year. The groundbased interceptor launched from Californias Vandenberg Air Force base shortly after 12 30 pacific time, a little more than an hour later, the pentagon confirmed it had successfully hit an icbmclass target over the pacific ocean. Joining me now to discuss that successful intercept test, what it means both politically and militarily and how to deter the rising provocations of north korea and the passivity of china when it comes to north korea, retired fourstar general, fox news military analyst, general jack keane, great to have you with us. Good to be here, lou. Lou it was a success, and it was required to be almost given that it was a direct response to nine missile tests on the part of the North Koreans. Yeah, absolutely, and thankfully so that back in the 80s this was conceptualized as a potential growing threat wed have a rogue state that could not be persuaded by deterrents as russia and china have been and have the capability to defend against the developing Ballistic Missile threat we are very much aware of now. And the technology is pretty remarkable stuff, as they say, a bullet hitting a bullet, the distance over 4,000 miles, hitting something traveling 16,000 miles an hour, its hard to get your head around that kind of technology, but lou, the pentagon also characterizes our Missile Defense here as a limi this is hardly robust. Weve got 36 interceptors, were going to 44, and the ones that are in the silos right now average about 50 failure when we tested those systems, and hopefully this the first time we tested this intercept and likely this will be the one that would be used to replace the others. Also north korea is developing solid fuel rockets and missiles that they have tested and when you are using solid fuel, it doesnt give us the long lead time, because well be able to surveil the preparations of the launch vehicle, and that cuts down our reaction time. So this threat is growing, we do have technology to defend against it, but this is the last resort technology. Lou you know, general, i cant help but cast back to the president ial campaign, the election of 2016, and i think about it was donald trump at every turn who challenged china, challenged in point of fact, russia as well as china, and focused on north korea and talked about how this country must respond. A weakened military, and an r d program that desperately needs funding. And were having these sort of, how would i say, arcane and relevant debates by so many of our agust senators who seem to be oblivious to the threats that are not only present and clear, but also they are existential. Yeah, when you looked at military capabilities, you put your finger on any area that you want, offensive missile development, not what it should be. Missile defense, not what it should be. The number of surface ships and submarines that we have, not what it should be. New long range bombers, ground force capability. Every single one of the areas were lagging behind where we should be. And the budget thats gone forward for defense is not what it should be. I totally disagree with the administration putting forward the defense of the budget. 40 billion underfunded as far as what we believe is necessary. Lou yeah, what is necessary and it is a budget that has, for eight years been starved. I use eight years because that is the presidency of mr. Obama, but the fact is, republicans and democrats share immense responsibility for guth our military, for absolutely refusing to deal with the immense waste in the pentagon and amongst the contractors who support the greatest Publicprivate Partnership in the world. It is astonishing what the last eight years permitted, what president obama did and refused to do in the way of bolstering our defense, and actually leaving the country forward so that he could lead the free world and his successor as well. In some respects its a marvel there still is a free world. Its sad commentary, and hell pay a price for it in history. Not only has our defense been underfunded for years but so disengaged us from the world itself stepping off the Global Leadership stage that our adversaries have been emboldened, and were facing syrians, russian, north korea, and china threats and were on a collision course with china and north korea, i think these guys are likely gaming us. The president is impressed by what the president of china has told him. We havent seen anything to date that is effective results in north korea standing down their capability. I ink were on a significa collision cot with them. Lou that collision course set in motion perhaps long ago, but accelerated through the passivity of the policies of the Obama Administration. It amounts to nothing as this president is talking about these threats, but it is also instructed to take a look what hes actually doing, and moving a third Carrier Strike force into the sea of japan, speaks volumes about the level of threat that he sees and the response that he has prepared to order. I totally agree with that. We have put the military option back on the table, certainly to get their attention in a way that no one believes the Obama Administration would reach towards. Also im convinced weve got to push back on chinas militaryism in the south china sea, the east china sea, and take a comprehensive approach to dealing with china. What they have successfully accomplished inside the country and outside the country is they want to have economic relationships but accept us politically in all the challenges we cause politically. Thats what goes on inside the country and goes on outside country geopolitically, and we have got to push back on them comprehensively. Lou as we look at their economy slowing, their debt rising and Production Capacity obviously has been built up to a point thats unsustainable now with those economic challenges china becomes more likely to be destalized or adventurous or both. General jack keane, as always, great to have you with us. Good talking with you, lou. Lou were coming right back. Much more straight ahead. Much, much more. Stay with us. As north koreas threats against the United States escalate, the pentagon today carried out a successful interception of an icbm missile. The bottom line is it would be a catastrophic war if this turns into combat. If were not able to resolve this situation to a diplomatic means. Lou gord an chang joins me on the trump administrations efforts to crush north Koreas Nuclear ambitions. And radical islamist terrorists set off two bombs in baghdad, killing dozens of people. That story and the battle to defeat radical islamist terrorism here next. Stay with us. I was out here smoking instead of being there for my sons winning shot. That was it for me. Thats why im quitting with nicorette. Only nicorette mini has a patented fast dissolving formula. It starts to relieve sudden cravings fast. Every great why needs a great how. Every great why ive spent my life planting a sizesix, nonslip shoe into that door. On this side, i want my customers to relax and enjoy themselves. But these days its phones before forks. They want wifi out here. But behind that door, i need a private connection for my business. Wifi pro from comcast business. Public wifi for your customers. Private wifi for your business. Strong and secure. Good for a door. And a network. Comcast business. Built for security. Built for business. Lou north Korean Leader kim jongun today vowed to send a bigger as he put it gift package to the United States after north korea carried out its third missile test in three weeks. The warning to President Trump comes after south korea conducted a joint drill with a u. S. Supersonic b1b lancer bomber yesterday. My next guest says north korea is about four years away from a Nuclear Warhead that could hit the contiguous 48 states. Joining me forbes contributor, china expert, gordon chang. Gordon, good to have you here. Youve just heard general jack keane, former vice chief of the army, say straightforwardly, he thinks that the real issue here is china and the collision course that they are on with the United States. Your thoughts. Absolutely correct. You know, the North Koreans couldnt bark nor bite as they say without china because china provides more than 90 of external trade, most of their food, most of their oil, plus the technology for the missiles. Missiles that the North Koreans tested on august 24th, february 12 and may 21st look like they come from the jl 1 submarine launch missile. Fished out of the sea north Korean Missiles clearly from china, and you go through this in the Nuclear Weapons program, some of the semi process materiale that the North Koreans have come from china. Lou gordon, youre saying this, one, the chinese are providing technology. Secondly, theyre providing design. And thirdly, they are providing, if not manufacture, the products themselves that are being used in those missiles. Yes, and also that the missiles are carried on mobile launchers. Those mobile launchers are chinese. We saw this april 15th in the big parade and the canister looks like its chinese as well. Were not worriedbout north koreas longest ge missile, the taepodong 2. It takes weeks to assemble, fuel, test. We worry about the mobile missiles. North korea has mobile missiles because china sold them to launchers. The threat we now have a third strike force moving into the sea of japan. Your judgment. Is that third Carrier Strike force there because of north korea, or is it there because of china . Its probably because of china, and the reason is weve got now two carriers in the sea of japan, Ronald Reagan and the carl vinson. I think with the nimitz coming into the western pacific, what theyre doing is covering the rest of the region to make sure the chinese dont try something provocative when weve concentrated all our force up north. You know china, as general keen pointed out. Lou theyve been provocative in the south china sea. Theyre being provocative, and the United States has Intelligence Services and the pentagon have been relatively quiescent. That is strangling the publics right to know when it comes to the degree of involvement of china in the north Korean Missile program and presumably as well, their Nuclear Weapons program. Yeah, definitely their Nuclear Weapons program because components for north koreas nukes come across the chinese border, thats resent. As well as uranium. Lou what is the United States to do . This is not only aifcult, complex challenge, its downright daunting. First thing is what President Trump is already doing lou okay, what do we do from here . The other thing we need to do is start imposing sanctions on chinese financials and the enterprises that are supplying this materiale. Lou look, you and i have known each other for many a year, we wont get into all the years. Were friends. And this audience has followed you and me throughout that period, and they deserve Straight Talk here. Sanctionses dont work, economic sanctions dont work, and you than. So what is the point of that . Well, the sanctions are loose and theyre also not in force. Lou no, no, no, no, no. I want to press this. What is the United States to do, because its mochrie what we do with iran. It is mockery what we have done over the course of three presidencies with the North Koreans and what we have done with china. Its an exercise in absurdity. What is the responsible, effectively policy choice for this president Going Forward to blunt the chinese expansionism. First of all, i think what we have to do is talk to beijing in public as well as private and impose costs on beijing for what its doing. This is south china sea, east china sea, cyberattacks, predatory trade practices. What theyre doing to taiwan. The range of it. We have given them a lot of free passes over the years, clearly that is no longer acceptable because the chinese think they can do whatever they want. Lou what youre saying is, if we had not elected donald trump as president , we wouldnt be having the discussion and they would be continuing to run all over the region . Right, and i think that President Trump is going to have to take measures that are going to be politically unpopular, but we know he has the will to do that, because weve heard him talk lou theres another great threat here, isnt there . You heard sean spicer, the White House Press secretary talking about the leftwing media adoration of false narratives. Another fancy washington term for lies, and this is a time when the public deserves honest journalism, honest reporting, and theyre getting none of it out of that crowd. Especially because the u. S. Faces existential threats, not just north korea, but iran down the road and china today. We need to have those conversations on a National Level because were going to have to make difficult choices to protect the American People. And previous administrations havent done that. North korea, did not become instantly dangerous on january 20. Lou no, by the way, the very bias, they love to call it bias, these are complicit journalists, they didnt say a word as president obama pursued policies that made kim jonguns threats all the more real and all the more difficult for the succeeding president to resolve. Out west, they would say damn their hides. Thank you very much, appreciate it. Thanks, lou. Lou on wall street, stocks closing lower for a second straight session. Dow down 51 points, the s p down 3. The nasdaq fell seven points. Volume 3. 1 billion shares. The yield on the tenyear treasury falling three basis points today, now down to 2. 21 , lowest level in two weeks and that yield suggesting that the fed is moving in the opposite direction of the markets. Who will prevail . Amazon hitting a new milestone with shares topping the 1,000 mark before closing just below it. Shares of amazon up 33 so far this year, putting its market cap at almost a half trillion dollars. 478 billion. Wow. A reminder to list reports three times a day, coasttocoast on the salem radio network. Up next, lawmakers in one state topping this dysfunction that marks d. C. Where lawmakers are accusing each other of assault and threatening each others lives next. Yeehaw. Well be right back. Say carl, we have a question about your brokerage fees. Fees . What did you have in mind . I dont know. 4. 95 per trade . U

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