Transcripts For FBC Mornings With Maria Bartiromo 20160922 :

FBC Mornings With Maria Bartiromo September 22, 2016

Then the wife of the terror suspect ahmad rahami is on her way back to the United States with escort after being questioned about the new york and new jersey bombings. Puerto rico this morning waking up in the dark, the island without electricity after massive power plant fire. She faced tough questions of skyrocketing cost of epipen. The central bank saying that the case for rate increase has strengthened though. Take a look. Up about 1 on the each of the mayor averages, we are heading to 2 gain this morning. In asia overnight higher across the board. Holiday in japan. Major averages between a third and one half percent. All this morning and joining me to talk about it fox business Dagen Mcdowell and etna health ceo you didnt call me the ceo. Maria they pulled out of obamacare, but athena. You probably do not join the program. Big brother is moving onto Better Things and the stick is moving away. Maria we will talk about that jonathan. Thank you so much. Good morning, everybody, breaking news, North Carolina under a state of emergency after second night of violence protests over Deadly Police shooting of a black man in streets of charlotte once again. Four more officers injured. Cheryl casone with the latest on this violence, cheryl. Cheryl yeah, maria, quite a night in. Angry march through Downtown Charlotte last night. Take a look at the pictures, hundreds clashing with police, some of the crowd somebody in that crowd opening fire shooting another protestor, that victim is in Critical Condition this morning. Now police say the crowd looted the nascar hall of fame and a western hotel, governor pat mccrory had to Call National guard to control chaos. Well, chief spoke last night. Is there any doubt that there was a hand and that a gun recovered near him at the scene . Absolutely no doubt whatsoever, no. Cheryl chief denies the claim that he was holding a book and not a gun. The crowd got too aggressive last night. The protests erupting over night. We have reporters and we are getting more details as they come in. Maria Hillary Clinton and donald trump reacting to protests, watch. It needs to become intoll rational. Look, i know i dont have all the answers, i dont know anyone who does, but this is certain. Too many people have lost their lives who shouldnt have. I think stop and frisk in new york city it was so incredible the way it worked, we had a very good mayor, but new york city was incredible. Maria rod wheeler joining us. Rod, good to see you, thank you very much for joining us. Good morning, maria. Maria tough morning. Something needs to be done about the climate of violence in the u. S. Right now. What do you think needs to change to combat these protests . Well, the first thing thats very important is that all the facts and circumstances come out, maria, in terms of what happened yesterday. Now, real quickly as you know, there were two narratives that came out of charlotte yesterday, the family of the victim was saying that he was carrying a book, the police chief said, no, thats just not true, he had a gun in his hand. Police chief also corroborated that, maria, with independent witness statements, right now it sounds like the police it was a good shooting, continue to investigate, but what the police have to do to keep the calm down in the city is to be very transparent and they also need to make this investigation a very swift and fast investigation and communicate with the community. Dagen looking at these this violence from afar, does it seem like that the Charlotte Police werent prepared for this . I know charlotte very well and the area where the violence broke out, charlotte is a very small city and in this area and really like an outdoor mall and unthinkable to imagine this kind of violence in such a kind of small enclosed area. Looking at this, do you think the police were caught off guard . You know, i dont think that they were necessarily caught off guard. Charlotte is a very progressive city, believe it or not, and actually very progressive for African Americans so i was a little surprise that had this riot tack place in a city like charlotte. We would not anticipate that. Now, the police had resources out there last night, the National Guard will be moving in later today, probably any minute now, theyre going to be moving to the city of charlotte and providing support and resources to the Police Department in case this violence erupts again later on today. Maria you know, they were many protests shouting black lives matter last night. Critics of president obama is to blame for violence, what should he be doing now . Im not so sure if we can all put the blame on president obama, although i must say the buck stops at 1600 pennsylvania avenue. The president needs to come out as well as loretta lynch, the attorney general and explain to the community that they are on top of this, make sure that it is a fair and just investigation and theyre going to monitor, let me tell you quickly, maria, this situation is more about the shooting that happened yesterday. This is an american problem. Its not a charlotte problem. You and i talked about this back during the ferguson incident, baltimore incident, this is all about social justice, Economic Justice in this country and the Police Department unfortunately is baring the brunt of all of this. Maria youre right. Peter. Peter one question that must be looming for a lot of people. Its great to hear president ial candidates weigh in but what happens at a local level, how do you find yourself asking questions convening, who would you get together in the room to pull the right people together to discuss how to solve it on a Community Level . Right, you to pull together the local Community Leaders, they have a lot of local Community Leaders in charlotte. Clergy, youre talking business people, people from the community. These folks have got to come together with the police. Let me also tell you real quickly that the police chief in charlotte is an Excellent Police chief, hes really good, fair police chief, this is a city that can can come back and hopefully come back soon. Dagen donald trump, rod, called for the broad use of stop and frisk, he certainly talked about it here in new york city, what do you make of that . You know, i dont like to jump to conclusions or jump out there and say, yeah, we need to start stop and frisking again, the problems that we have right now that we are seeing in charlotte and other major u. S. Cities is more than just stop and frisk. As i indicated earlier, its a lot more involved than that. Sure, stop and frisk can assist us in Law Enforcement to catch bad guys, we need to look at social justice, education, jobs all of these things will play a significant role in bringing our nation back. But at the end of the day, we need strong leadership in 1600 pennsylvania avenue,ism to emphasize that. Maria what would you like to hear from president obama today . I im not really sure if i want to hear from president obama. If he has to say anything, hes going to give the Police Department the resources they need to investigate this case at the same time give the city leaders the resources they need to get people back to work, get jobs in the city, make sure the Educational Programs are working for that community. These are the kinds of things and leadership, maria that we need out of our strong leader coming out of the white house. Maria Jonathan Bush. I think youre right on the underlying economic point. North carolina is a liberal sophisticated city, not on the edge cities which underlie it is fact that the underlying patience level that people have, any kind of disconnected disempowered even middle class is tight, the real issue in the president ial campaign for me is that underlying sense. Am i standing in the edge of a big uncloud field. Youre sensitive anyway. You dont see how youre going to grow and define yourself and be unique and american. The fact that its North Carolina, its exactly kind of that the underlying root issue. Maria you agree with that, rod . I totally agree with that. Whats happening in North Carolina, it really speaks volumes to all of our communities across the country and if you really look at the guys, i know that we dont have a lot of time, the economic policies of the Current Administration just has not worked for everybody. They havent worked for African American and specially African American males and females. I think thats going to be the driver behind the next election. Im not a trump supporter or anything like that or hillary supporter, we are listening, all of us, black, white, we are listening to see who is making a change and provide real leadership. Maria the policies are the policies impacting everybody. Its just the lower end in terms of income are getting squeezed worst than anybody. When you consider obamacare, that is the biggest expense for everybody whether its if you take all the gdp growth and take out the health care, checkbooks goes down. Thats where the campaign went crazy. The mainstream candidates were like, everyone would like a little more but we are in an environment of Economic Growth but what they didnt do is subtract the growing wedge thats healthcare costs and look at tend of the bank account of gdp which has actually been going down. Maria its not a specific policy that has hurt African Americans, its the policies in general youre right. Maria have squeezed the lower end significantly. Rod wheeler joining us there. Tensions growing high over skyrocketing hike of epipen. Lawmakers were not buying her explanation. We will get into it next. Plus, puerto rico is in the dark this morning, details of what caused a massive blackout leaving one and a half Million People without power, stay with us. Its my worst nightmare. Every second that power is out, my citys at risk. Siemens digital grid manages and reroutes power, so service can be restored within seconds. Priority number one is keeping those lights on. It takes ingenuity to defeat the monsters that live in the dark. This man creates software, to protect this customer, who lives here and flies to hong kong, to visit this company that makes smart phones, used by this Vice President , this little kid, oops, and this obstetrician, who works across the street from this man, who creates software. They all have insurance crafted personally for them. 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Also the criminal complaint against rahami omits a direct reference to isis but note comments on Osama Bin Laden and alqaeda. A photo he makes reference. Law enforcement tells rahami is conscious and reportedly shot ten times. Over a million residents of puerto rico are waking up in the dark after a fire knocked out power to 1. 5 million residents. The fire erupting causing transmission lines to fail, government officials are calling the failure a serious event and governor padilla says he assumes complete responsibility. Airports, police stations receiving first priority. Here in this country capitol hill, mylan ceo Heather Bresch, claiming it offers rebates and offers to customers. Listen. Parents dont have a choice. If your child, loved one has to have this it better darn well be in the backpack. They raised the prices, the reason being, i believe, to get filthy rich at the expense of our constituents. Cheryl she also complained about the fact that they dragged her mother into all of this. Thank you. Maria sure, cheryl, thank you very much. With Jonathan Bush this morning. What is the defense of raising prices this way . So much when we know theres a generic version that only cost half as much as the epipen . The underlying problem here is everybody is feeling more and more squeezed. They dont feel like theres any more room for the healthcare dollar, in their purse, somebody shows up with a notable widely used price increase on a notable widely used product and becomes a national issue. Fact that thats a political issue at all that somebody decides to stupidly raise price too quickly to piss people off, thats dumb business. Maria it wouldnt a congressional issue if we werent in this environment. Dagen they use it political issue because it involves children. Its juice for the legislators. Dagen the government wants them to negotiate prices. They want use them as example and using bresch to let the government negotiate drug prices. Maria it doesnt change what wells fargo did, 2 million fake accounts. Dagen he got what he deserved from elizabeth warren. 274, at least 300 of addon cost was creating all the way down to distribution line. Its fine to go after bresch. Maria very good point, peter. Why is she the face of it when everybody getting thats a good point. Dagen light a fire under the fda and make them approve more genetic competitors of the epipen. You invent a drug, 80 million to prove that its safe. 400million to get it past the fda. 68 of the drugs that get past passed dont even get used. Why take 400 million out. Hey, the government is not going the pay for it but at least we can get it into the market to create alternatives to the tinny few that make it. Maria good point. We will talk more about this. How the feds rate hike could affect your investments coming up next, more on when gasoline pumps are expected to return back to normal. Back for more mornings with maria. When a moment turns romantic, why pause to take a pill . Or stop to find a bathroom . Cialis for daily use is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. Tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. Do not take cialis if you take nitrates for chest pain, or adempas for pulmonary hypertension, as it may cause an unsafe drop in blood pressure. Do not drink alcohol in excess. Side effects may include headache, upset stomach, delayed backache or muscle ache. To avoid longterm injury, get medical help right away for an erection lasting more than four hours. If you have any sudden decrease or loss in hearing or vision, or any symptoms of an allergic reaction, stop taking cialis and get medical help right away. Ask your doctor about cialis and a 200 savings card. Seconds can mean the difference stop taking cialis and get medical help right away. Between life and death. For partners in health, time is life. We have 18,000 people around the world. The microsoft cloud helps our entire staff stay connected and Work Together in real time to help those that need it. The ability to collaborate changes how we work. What we do together changes how we live. Maria welcome back, the Federal Reserve leaving Interest Rates unchanged as expected. Federal chair janet yellen specifying that politics were not involved in the decision. Well, i think congress very wisely established the Federal Reserve is an independent agency from political pressures and i can say that partisan politics plays no role in our decisions. Maria joining us right now chief economist Jon Hilsenrath. Jon, good to see you. Jon that answer was in response to a question that i asked yesterday about about trumps criticism that the feds keeping raise low to support the Obama Administration as everyone just heard it denied it. Maria sure. I mean, shes denied that and talked about that before, but that was obviously the question given what youre hearing coming out of the campaign trail. What was your take away from her commentary about Interest Rates, about where we are in the economy right now . My take away is that this is a fed, leader of the fed that doesnt feel a great sense of urgency about moving rates up. The bank of england, they are all looking for ways to stimulate their economies, you know, the fed wants to raise rates but theyre not going to do it in a hurry, thats one take away, the other one is if theres a lot of Division Building up inside of the place because there is a growing camp of people that are ready but the fed is being held back by a few doves as we call them who dont want to move rate this is year. Yellen has a divided institution on her hands that she has to navigate in the next months. Dagen jon, if you look at the forecast, 1. 8 a year over the longer run. Lets go start awry yacht on that. Dagen that smells to high heaven. Dont they acknowledge that they are part of the problem . Jon they dont acknowledge that they might be part of the problem but i think what it speaks to is that we cant keep look

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