Transcripts For FBC MONEY With Melissa Francis 20130911 : vi

FBC MONEY With Melissa Francis September 11, 2013

Melissa our top story tonight, a meeting of the u. N. Security council is supposed to be getting underway right now over the Syrian Crisis of the president obama pushed congress to the sidelines last night to work on this socalled diplomatic plan. But are we just getting had . The senate is indicating it may vote on a syria strike as early as next week if diplomacy fails. Will the house follow suit . Joining me is congresswoman ann wagner from missouri. She has been against military attack. Good to have you back on the show. Nice to be with you. Melissa thank you. Give me your reaction to whats going on today, the back and forth with russia and syria and the u. N. Security council . I mean the location of the meeting has changed, the time, how do you feel about that . Whats your take . It is the same ol same ol. Were all over the board in terms how were handling this crisis in syria and the middle east and it is very concerning. We all hope for a diplomatic solution. The president stated he had exhausted all diplomatic solutions. I like so many of my other colleagues are very skeptical of russia leading us in some kind after diplomatic answer when they have been, melissa, in with iran and hezbollah and the russians, really have teamed up with the assad regime all along. So this is a little bit like the fox guarding the chicken coop when it comes to the chemical weapons and how theyre going to move forward. Melissa it is but what is the better of the two options you see on the table right now . Theres the idea of, you know, going into military action, and then this seems to be the other option of pursuing this diplomatic path. At the same time it feels like it could abate and switch. Of those two which are you more comfortable with . Certainly im against any military action. I do not believe the president has laid out a plan or any clear or achievable National Security objectives n fact, melissa, i came back on monday, went through the full classified briefings and im even more convinced we do not have an actionable plan. So you know, you hope diplomacy works but, you know, this is really, really tough and the devil is always in the details and im not sure, you know, pentagon put out a just two weeks ago said it would take perhaps some 75,000 troops in order to secure these mobile units, the chemical assets that the assad regime has amassed, all the artillery. It is a Monumental Task and i see this perhaps more as delaying and deflecting on the part of russia, who again, i have to remind everyone, has been in with iran and hezbollah all along with this regime. Melissa absolutely, but we need some kind of a resolution here. Is there, i mean is there a way we could be pursueing a diplomatic option more effectively . Would you like to see the president or secretary kerry doing something specifically better . Well you know what . It is working with the World Community, it is being engauged in the region. We should have two years ago when we called for the assad regime to step aside, we should have worked with the rebels and opposition then to build this coalition. Now theyre infiltrated by real bad actors from al qaeda to melissa without pushing you, i dont want to interrupt you but what can we do now at this point . I think everyone adegrees, or many people agree up until this point this situation has been mishandled. If it hadnt been we wouldnt be at the point we are now but what can we do right now . Whether it is sanctions or con incontinuing to work through the u. N. And World Community to try to put pressure on assad to stop annihilating and murdering along with the rebels all of his people. Upwards of 100, 120,000 people. Well continue to try to work towards this. But i have to tell you, melissa, weve gone from Foreign Policy sitting in the back seat to running the show, were in the trunk right now. It is make america look so week weak as a farm former United States ambassador i have to tell you on the world stage in terms of diplomacy and in terms of other things were able to do, i dont see there being pursued and i have great concerns about, about the weakness of america and where we stand. Melissa given that, i mean what did you think of the president s address last night . I mean he tried to stand tough on what he thought, you know, something that the world cant stand by and let happen. What did you think of the speech last night . Well the atrocities are horrible. Our heart goes out clearly, but you know, i think the vote was postponed. They can say theyre going to the security council. They can say that russia is going to try and work to get assad to stand down but honestly i, he postpone ad vote because he doesnt have the vote. I dont believe he has it in the senate. I dont believe he has it in the house. More importantly he doesnt have it with the american people. So well melissa the scuttlebutt has been from senators if we dont see a good diplomatic solution as soon as next week that vote could come back. Do you think woe have the support then . Well see. He hasnt made the case so far. In fact i would say he has even lost ground in this. Were all over the page and i think we look weak, diplomatically, we look weak in the world. Melissa congresswoman wagner, thank you so much for coming on. Appreciate your time. My pleasure. Melissa russia reportedly handed its plan to secure and destroy syrias chemical weapons to the u. S. Secretary of state john kerry is on his way overseas to go over it with russias foreign minister tomorrow but how do you go about securing the weapons in the middle of an active war zone . That is one big question. We have a chris harmer from the institute of study of war. Thanks so much for coming on the show. We keep thinking well see details of the plan. That is what is in theory being discussed right now. What would that plan have to look like in your Expert Opinion in order for it to be effective . Whats step one . Thanks for having me, melissa. There are at love different plans he could do but if it is going to be effective it has to be designed to specifically go after the Syrian Chemical Weapons. If you look at the past history of u. N. Chemical weapons ininspectors or Nuclear Weapons inspectors, what they have been primarily a civilian organization subordinate to the. United nations going into permissive environment at least with ostensible cooperation of the host government. Well not get that here. People need to understand that at the getgo syria is fundamentally different problem than iraq was in 1991 to two thousand three. You are saying they would have to be military inspectors . Absolutely. Melissa how about the size or what are the parameters that would make it work . I think 75,000 is a scary number but i think thats a realistic number. The model i use the Navy Construction battalion as from world war ii called seabees. We build, we fight. They were not sent there as infantrymen. They were sent there as construction workers who were capable of defending themselves against japanese attacks on islands of the specific. Well have to design a force that looks somewhat similar to that. It would probably center around Army Infantry battalions and marine corps battalions trained up in chemical weapons procedures and train and locate and track all the weapons. It will have to be a big commitment. My fear by taking the military option off the table somehow we convinced the public there is a costfree or painfree diplomatic solution. Ion if we get russia and syria to agree to which is highly suspect in my mind we have to still go through the actual process of getting people into what is an active war zone and building all the equipment necessary to safely destroy chemical weapons. Melissa i think people are sophisticated enough to understand or to remember at least from some of the scenes that were described in iraq. You talk about the inspectors coming in the front door and in theory the weapons going out the back door, that sort of thing. They understand it has to be a lot more solid than that and what youre outlining is a group that goes in with military capability that essentially, i mean do they build silos while theyre there when theyre confiscating weapons and putting them in and blowing them up or how does it work . Well the way the u. S. Destroyed the vast majority of our chemical weapons stockpile with very High Temperature incinerators. We would have to build several facilities similar to that last thing you want soldiers in a war zone to get their hand on chemical weapons and make them travel self hundred miles to a destruction site. If we learned anything out of iraq and afghanistan al qaeda and taliban specialized in targeting mobile convoys. They targeted them for destruction. They targeted them for exploitation. The last thing we need our soldiers taking possession of Syrian Chemical Weapons and running around. You will have to build a lot of construction facility and it will have to be built from the ground up, from the inside out as fundamentally military mission and not a civilian mission. Melissa i know it is probably impossible but if you were tasked with the idea of making it possible how would you make sure you got all the weapons . Nothings impossible if military history teaches us anything. If you have the will power and you have got the people behind you can do it. It would be extremely difficult. I would go in with 75,000 would be my starting point. This is how many we mead to dot mission adequately. I would go in with ships. And i would send equipment overland up into damascus, aleppo and homs. We set up facilities and start acquiring, start destroying. I have no illusions whatsoever, this would not be an easy mission. It would not be a costfree mission. There would be casualties. It would be difficult. If you want to restore the Syrian Chemical Weapons stockpile that is the only waa can do it at this point. Melissa chris, thank you very much. Really informative. Thank you. Melissa next on money, to regular Americans Care about syria . Do think even know where it is . Who else but john stossel hits the streets and joins us with this eyepopping report. Do you know what the connection is with the crisis in syria and the fed . It is big and could have major consequences for your money. You probably havent thought about this. Dont go anywhere. More money coming up. 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Melissa as the white house weighs its options on syria, fox businesss very on john stossel took to the streets to find out exactly what americans think about the crisis and the answers he found, well, take a listen. Wheres syria on this map . I couldnt tell you where syria is on this map. No, thats iran. Egypt. Right here . Saudi arabia. Maybe that little one right there . This is israel. Width one . Give me exact one . Its a country. Melissa yeah, i mean the exact one . You are so picky, youre so demanding. So hard on these people. In fairness that clip showed the people who didnt know but i was surprised, i would say two thirds, 3 4 did know and could point to syria on the map. Most people said we should not retaliate. We should not attack. Melissa they werent, i mean they werent swayed, weve seen that video so many times, it is so uncomfortable to watch. We stopped playing it here on the show, it is so hard to watch the bodies and gassing, it seems like it has been everywhere. That didnt sway them. I wasnt playing video for them. Melissa no doubt they have seen it, no . A fair number of clueless who had no idea what i was talking about. When i would say the dictator uses chemicals to gas melissa his own people. His own peep, then some of them would say, then we have to do something. It is clear that most people dont Pay Attention to the news and, just trust that somebody else will make good decisions. Melissa well, if they dont Pay Attention theyre not focused on it, how do they know theyre against it and how does the president know it is not popular thing . If theyre not focused they can do what he want and afterwards, explain it and that he gassed his own people and people would be okay with, no . 1 of the people make things happen. 10 of the people watch things happen. The other 90 percent wake up next day and say what happened. Melissa yeah. You can ask the 10 who rough watching and get a decent answer but the polls ask people randomly and people want to please the pollster. Melissa you dont think it is a good idea for us to go do something about this. No. We libertarians get called isolationists for that. That is so unfair because we say, trade with everybody. Let people and goods cross borders but, im an isolationist because i dont want to kill people . Also theres a big difference between world war ii and this. In world war ii, hitler was knocking over whole countries and people we hated, france, england and they were clearly our friend and good people. In this case we dont know. Melissa in this case, women, you know it is women and children and civilians and people who live there that arent involved in the fighting who are getting knocked over. Will we be aiding them if we arm the socalled moderates . In america pundits cant agree who is a moderate in Congress Even though we dont speak arabic, were supposed to figure out who the moderates are in syria and help them . Maybe we help the mujahadeen in afghanistan who then later came and attacked us on september 11th . Its, we had clear, as i say, helping france is one thing. Helping the socalled moderates in syria is a much riskier bet. Melissa you say that we shouldnt be the police man to the world. President talked about that last night. Lets listen. Americas not the worlds policeman. Terrible things happen across the globe and it is beyond our means to right every wrong but when, with modest effort and risk, we can stop children from being gassed to death, and thereby make our own children safer over the long run, i believe we should act. Melissa so with modest effort and risk we can save children from being gassed and we can protect our children from being gassed in the future. No . We dont know that we dont know that this will stop children from being gassed. It may increase the risk that our kids are gassed because what say we do what bill clinton did. We pound sand. We send missiles into the sand. We miss. What does that accomplish . Lets say we kill a bunch of innocent people as often happens. We create new ins who may want to poison us. If we kill assad maybe the next people will be worse. I dont know that it makes us safer. Melissa what do you think of the alternative and what is going on right now with russia sort of brokering this peace . We look weak and all of this. Does that diminish the standing around the world and make us more vulnerable to harm and terror and Everything Else down the road . Maybe. That doesnt mean attacking will enhance our standing around the world. People, all around the world hate us for what we do in the name of safety all the time and it feeds into the enemys wish to portray us as big murderous bullies. Melissa john, i have to tell you im impressed, 2 3, 3 4 of opinion out there, dont have opinion what we should do necessarily could find it on a map. Speaks well for tour rids in times square. Melissa john stossel, thank you very much. Dont forget to catch stossel tomorrow night right here, 9 00 p. M. Eastern time. Next on money, the connection between syria and the next fed chief. I bet you havent thought about this well tell you why it could have a huge impact on your money. You will not hear this anywhere else. The latest idea how to spend taxpayerses money on health care. I know, stick around. Do you ever have too much taxpayer money . I dont think so. I go ahead of you . Instead we had someone go ahead of him and win fiy thousand dollars. Congratulations you are our one millionth customer. Nobody likes to miss out. Thats why ally treats all their customers the same. Whether youre the first or the millionth. If your bank doesnt think youre special anymore, you need an ally. Ally bank. Your money needs an ally. At od, whatever business youre in, thats the business were in with Premium Service like one of the best ontime delivery records and a low claims ratio, we do whatever it takes to make your business our business. Od. Helping the world keep promises. Melissa so there could be a surprising casualty of the crisis in syria . Larry summers. Summers is reported to be the president s top choice to replace ben bernanke as fed chief but summers isnt exactly everyones favorite. So as the situation in the middle east costs the president more time and more political capital, will summers get pushed aside as the next chairman of the fed . The answer could have big implications for your money. Here to discuss it, steve moore of the wall street journal, and Jonathan Hoenig of capitalist pig dotcom. Welcome to capitalistpig. Com. Hello, melissa. Welcome to both of you. I heard this from someone very up flew wednesday with a lot of skin in the game. What do you think about this theory, steve . I think the theory is, is there may be something to it. It is pretty clear that barack obama need to repair his relationship with liberals on capitol hill. Theyre not very excited about potential military action in syria. You know, theyre not happy with the, with the sequester spending cuts. And so barack obama is losing a little bit of his leftwing base. Now how do you recapture that . One requested, melissa, would be to put someone at the left really likes in the position of Federal Reserve

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