Transcripts For FBC Making Money With Charles Payne 20170801

FBC Making Money With Charles Payne August 1, 2017

President trump taking the opportunity to talk about the markets performance under his administration. Our stock market reached an alltime high today. Nobody talks by the. They dont talk about it. Liz joining me now, a guest at todays white house event, pretzel maker and tropical smoothie maker. Julie, what was it like to meet the president today . It was exciting. It was one of the highlights of high life, a very positive meeting. Cheryl what did he say in terms of make your business grow . He talked about tax reform. The more money we can keep in our pockets the faster we can expand our businesses and pay our employees. Cheryl sean, did you have a chance to talk with him about healthcare . Did that topic come up . We didnt talk about the Affordable Care act. But the first thing the administration has done is cut back on relations. The Labor Relations board is trying to pit us together with franchise organizations. But we are not. We are Small Businesses in local community. We are independently owned and operated. Him getting rid of those regulations has already been a big benefit to us. Now tax reform. Cheryl with the franchise industry whether its veterans or the Younger Generation that want to be entrepreneurs with, franchises can be the best way to do that. But for to you grow your franchise business, julie, what would you need from the administration . I think to get more money in our pockets. Trying to keep the money in our pockets and be able to open more franchises more often would be great. We currently have 70 employees, and we are opening another one and will add another 20. Next year well have 100 employees. The more franchises we can open the more people we can employ and put into the workforce. Cheryl you had the president s daughter ivanka trump and Elizabeth Mann who heads up the Small Business administration. Van rrp champions th the demail Business Owner. Did you learn from your conversations with both women today as well as with the president . Yes, it was important to learn from administrator mcmahon that she was a Small Business owner and now she is leading the sba. Thats good information to have for someone in that position. Ivanka was there talking about women being in business. I dont think a lot of the population knows franchises are owned 50 of the time by women. Cheryl i did know that because a lot of women like julie, and i have had them on shows like fox whether its clothing businesses or babysitting businesses. What was the takeaway for this entire event it was an honor to meet the president of the united states. As a Business Owner what was your takeaway. It was an honor but the takeaway was everyone in attendance all talked about the importance of Small Business. I think they understand the importance of Small Business and how important it is to our community. Cheryl we would like to thank both of you. We thank you for the recap, appreciate it. Good luck to both of you in your businesses. President trump was talking about taxes today with the Small Business owners. The white house is look overall at a november deadline for tax cuts. Can the gop reach across the aisle any want to bring in eric shipper. Tammy bruce, and deroy purchase. Tammy, you would think the thanks issue would be bipartisan. The worry is the house will come up with something and it will die in the senate. Is that a fair concern . Possibly yes. What they are trying to do was pass anything to get it into the he conciliation committee. So its no matter what the house or senate would pass down, tax reform wont be what that is on either the house or senate side. Then you get into reconciliation. I think this is where the American People come in as well. The democrats know they are a weak Regional Club now. They want to stop any success the president or the republicans can have. I dont expect any effort to help this along. The standards they sent over to mcconnell, they said well help you if you promise you wont do any legislation by yourself. Really stillly stuff mcconnell has rejected already. Small business employees, more people in this country creates the most of new jobs. They are opened by people of color and women. It affects the entire spectrum. Thats what the republicans did for so many years. Deroy, the obstructionism from the democrats, well see that, thats baked into the cake. But the Corporate Tax rate i think is where you are going to see the biggest fight. The white house want 15 . You had orrin hatch who his on the committee saying i dont think the 25 is possible. I think we should get it at 15 . The average across the developed world is 25. We need to be better than competitive. We want a competitive advantage. I think you will see outsourcing and insourcing. Its not just lower rate which is vital. But simplification. If you are running a business and you are not filling out endless tape work, we have a simple what did you make, send in 15 . That with make life a lot easier for people with Small Businesses. Cheryl democrats will say when it comes to these big evil corporations, look at apple, they have billions in cash. Which they do. There is an example of a company that has bills farktd overseas because of the regulatory and tax structure of the united states. No question. I think businesses are way overtaxed. They are not competitive on a global level. I think what trump is trying to do is certainly level the Playing Field so we can compete. Businesses can compete effectively. Democrats will have a hard time because you have so many of these Small Businesses that are just overtaxed. And they have got to be able to show economically that they are giving to these people. I think the good thing for republicans in all of this in this debate, and certainly what they face on the healthcare side, you had such a tough opposition. In this situation, you dont have the strength of the opposition. Thats why im bullish about republicans being able to get this through. I think it will happen. Will it happen at the tax rate we are talking about, the 15 . Probably not. It means more jobs. And thats what we need. We need Small Business and businesses in general to want to invest in jobs because they are not giving it to uncle sam. Thats a great thing and i think its going to happen. Cheryl to have a simplification of the tax code and lower taxes the, i think we all agree we need to get something done on that. We did have breaking news werent last hour on capitol hill. About an hour ago the Senate Confirmed Christopher Wray as the new fbi director. He will replace james comey who was fired by President Trump. That vote 925. We have a new fbi director. Chicagos murder rate on pace to top last year and its only the first day of august. Later on in the show, duane the dog chapman and his wife are trying to lay down the law in new jersey. They are our guests tonight. Stay with us. Poor mouth breather. Allergies . Stuffy nose . Cant sleep . Take that. A breathe right nasal strip instantly opens your nose up to 38 more than allergy medicine alone. Shut your mouth and say goodnight, mouthbreathers. Breathe right. So you miss the big city . I dont miss much. Definitely not the traffic. Excuse me, doctor. The genomic data came in. Thank you. You can do that kind of analysis . Yeah, watson. I can quickly analyze millions of clinical and scientific reports to help you tailor Treatment Options for the patients genomic profile. You can do that . Even way out here . Yes. Even way out here. Or a little internet machine . Even way out here . [ phone ringing ] hi mom. It makes you wonder. Shouldnt we get our phones and internet from the same company . Thats why Xfinity Mobile comes with your internet. You get up to 5 lines of talk and text at no extra cost. [ laughing ] so all you pay for is data. See how much you can save. Choose by the gig or unlimited. Call or go to xfinitymobile. Com introducing Xfinity Mobile. A new kind of network designed to save you money. I enjoy the fresher things in life. O. Fresh towels. Fresh soaps. And of course, tripadvisors freshest, lowest. Prices. So if youre anything like me. Youll want to check tripadvisor. We now instantly compare prices. From over 200 booking sites. To find you the lowest price. On the hotel you want. Go on, try something fresh. Tripadvisor. The latest reviews. The lowest prices. Cheryl the city of chicago on track to record more shopcides this year than more homicides this year than last side. 74 People Killed in the month of july alone. Joining me jerry mccarthy, the former Chicago Police department superintendent. Its sad to see whats happening in chicago. If you look at the 402 murders that have happened so far in the city, it seems that the police cant get a handle on the criminality and they cant get a handle on guns. Whats happening in that city . Over the last couple years, the landscape thats been created not just in chicago, but across the country, the Chicago Police department and many other departments across the country have been sham strung by politics. I think the bottom line is we have to focus on performance rather than politics. Its even worse when you look at 2014, 2015. We had one of the highest performing Police Departments in the country being held up by academics and cripple snol jifts stop what to do. Cheryl can you explain what you have mean by the politics . If you look across the country, look at baltimore, look at san francisco, look at milwaukee and chicago, the politics based upon a couple different circumstances resulted in the removal of a police chief. Since that time things have spun out of control its a pattern. Cheryl is it racially based . Police brutality . Race has a lot to do with it. Race does. But here is the problem. We misdiagnosed the problem. This happened in the press and politically. The got tomorrow line is police are not the problem with crime in this country, criminals are. The socioeconomic divide that exists in the Crime Community in this nation. Anger wells up and they lash out at a government system that failed them. The most of forward and visible components of that system is the police. We go into their homes and arrest people of and get into armed confrontations all day long. When you have a shooting thats questionable, suddenly the top blows off. That happened in chicago. Doj piled on. There has been a political witch hunt within the department. There was an entire generation of leadership that was wiped out and they abandoned all the things we are were doing that was making it work. Compare it to new york where i worked for 25 years. They had if the quoteunquote illegal he chokehold. New york city did not stop doing what they knew made them successful. Los angeles had number of questionable incidents. They did not stop doing what they knew worked. Near chicago we threw out the baby with the bath water and as a result hundreds of people are getting killed. Cheryl taking away support and the rights of the officers to do their job. The police in chicago are not getting what they need on several fronts it seems thats what you are saying here. We are out of time. I wish we had more time with you. Keep us updated on the city. We hope things improve. Ive a 9monthold son here and im not leaving. I hope things improve also. Be assured ill be available whenever we can talk. Im not leaving and less sleeping. Cheryl dog the Bounty Hunter, hes not chasing your runofthemill bail jumper. He has his sights set on the administration of new jersey governor chris christie. Well explain after the break. Where are we . About to see progressives new home quote explorer. Where you can compare multiple quote options online and choose whats right for you. Woah. Flo and jamie here to see hqx. Flo and jamie request entry. Slovakia. Triceratops. Tapioca. Racquetball. Staccato. Me llamo jamie. Pumpernickel. Pudding. Employee hey, guys home quote explorer. Its Home Insurance made easy. Password was hey guys. Cheryl duane dog the Bounty Hunter has joined an initiative that slams the states what he calls fake reform. We reached out to the christie administration. They are not willing to comment on pending litigation. But we have mr. Chapman with us. Do i call you dog . Duane, dog is okay. Cheryl tell me why this particular case and the murder of this 28 youngman 28yearold young man drew your attention. We were looking at new jersey with this new hug a thug. We knew there were certain thing that would come up very, very bad. Little did we know it would include a murder, a mistake that causes someone to die. It happened several times. There are several murders that happened from folks who have been released. This is the tip of the iceberg. Cheryl basically their way whether its a poor criminal that doesnt have much of a record, they want to hold them in jail. It takes away judicial discretion. If the judge said this guy has a bad record. We are going to hold him in jail. Not only can you not do a larger bond, you cant do any bond. You have to let them go for free. The guy who shot rogers had been arrested 28 times for violent times. Three days before he shot and killed christian he had been arrested as a felon carrying a. 9 millimeter gun in his car. Because of Chris Christies policies he was released into the community. Cheryl bail reform to you is a Huge National issue. You are using your reality show to focus attention on it. The reason i dont go 100 miles an hour on the highway is because i will get a ticket and someone could get hurt. There is no accountability anymore. If you go to jail, the computer asks you questions. In the jails they say what did you say to get out. Its instantly picked up by the rest of the inmates. The computer decide whether you are a good risk or not. And the computer says several felony convictions. Computer said there is no danger. Low risk. Cheryl President Trump was up here in new york last friday. He got a lot of criticism because he said in full of a roomful of Law Enforcement, you are being too nice to criminals. People say he was encouraging Police Brutality. I dont support Police Brutality but i do support you are being too nice to them. And they are scared. When i was growing up you get in the cops face and call him a pig, you are going to jail or you are going down. A lot of people didnt know this is happening. Law enforcement had no idea. Mom and pop Grocery Stores had no idea. And im sure President Trump has no idea that the catch and release program. Across the river in new jersey. Is going on domestic all as well as internationally. New jersey is the worst. New jersey is the first 8 that tried this bail reform in the 7 months its been an epic failure. Its a Computer Program thats fraud. It obviously isnt work. The thing about criminal defendants. We are a country of redemption. We believe in it. But you cant get people over the hill by coddling them. Sometimes people have to face the music. They have to hit a low in order to get their life back on track. Cheryl duane, i have seen you on tv, you are not nice to people when you catch them. No, im not. I have have much compassion. A lot of people, its their firsttime mistake. We are not talking about firsttimers. Graffiti, Something Like that. Lets give you what they call a personal reconnaissance bond. If there is a victim involved. This is america, you dont necessary with women and children. Its biblical. If women and children are involved. You do the time. We watch you all the time. You dont just goat run amok on society. Its criminal welfare. And its paid for by taxpayers. Knowledge taxpayers paid for what led to Christian Rogers death. Thats the worst. Cheryl with prison overcrowding and the taxpayer funded there is the other side of that, cities are trying to save money with dangerous people on the streets. Its great to have you both here. Well always call you duane. I hope i never see you at my front door. You wont. Cheryl thank you. I appreciate it. Coming up, we are going to stay with Law Enforcement. Texas sheriffs are joining forces are federal immigration officers. 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