New details are released that the bank ignored an employed petition to stop unrealestic sales goals. Honda puts the pedal to the metal. We will tell you about it. Markets looking flat. Probably a light day in terms of trading for the week as it is the jewish new year, we wish a viewers a peaceful and happy new year. In london gaining ground after theresa may says the country plans a hard exit from the European Union. Markets in china closed for a holiday, mixed action in asia. Others fractionally higher. Stories coming up monday morning and joining me dagen mcdowell, Anthony Scaramucci and democratic strategist harlan hill. Good to see you guys. Good morning. Dagen lets talk about some taxes, the nerd in me is scheming screaming to come out. Anthony i was tweeting about it at 4 00 a. M. Dagen make sure you include photos. [laughter] dagen photos. Anthony go ahead. What were you going to say . Dagen i love that progressives are in favor of tax reform. Full on in favor of tax reform. Maria donald trump would do what anybody would do legally to take advantage of the tax i know dagen has ideas. [laughter] maria former republican president ial candidate with us and talk show host after a lively snl this weekend. Former candidate himself ron paul is with us. Lets kick it off donald trump on defense once again afters New York Times published records from 1995 taxes that reveal that he reported a net operating loss of nearly 960 million, this could result in gop nominee not paying federal income tax for nearly two decades. Donald trump tweeted this in response. I know our complex tax laws and im the only one who can fix them, failing New York Times. Giuliani and Chris Christie lotted. Watch this. He knows how to operate the tax code for the benefit of the people he shows. What it shows the absolute mess the tax code is and donald trump is in best position to for a minute it. No one who has shown more genius to maneuver around the tax code as he rightfully used the laws. Maria i want to bring bethany mccoy. And betsy. Do you think that strategy saying he was a genius deflects how this may resinate with voters . The fact that its important to say that because since 1918 it has been perfectly leg el legal for risk takers, entrepreneurs, whether builders and investors of other types or somebody opening a corner drugstore to take risks and one way is the tax code says, look, if you have a big loss you can apply for future earnings, makes it less painful to incure the loss and people build more jobs as a result. The New York Times article presented in a sleazy way that donald trump had done something defective, if not, illegal, when in fact, is doing what congress is encouraging millions of america, take risks, create jobs. Maria look, theres no secret here. The Mainstream Media is calling it bomb shell. The laws allow you to offset losses for 15 years, 18 years, three years prior to 1995 and 15 years after ward. Exactly. I think there are two things at play here, one is the political narrative, any time someone withholds information or is reluctant to release it on their own, it allow it is media in this case as well as your opponent to write the narrative for you and that is whats happening for donald trump. People are filling in the blanks trying to make this out much bigger and trying to say theres something bigger here that hes hiding and so, you know, thats the risk that you have in politics. Now, the reality is exactly what you guys have just said, i mean, net operating loss carry overs exist at federal and state level and depreciation of Real Property which he can take advantage of. You know, there are two things at play here, the reality of tax code and political optics. They are fantastic for him and the reality is we havent had a federal tax reform since 1986. I dont think he has done anything illegal here. Maria which pushes why no tax report . Dagen very practice that donald trump uses, used in this report from the New York Times has been backed on both sides of the aisle and they make no move to get rid of it, but that goes to the point i want to raise the issue of do people care about this issue because the wall street journal actually polled voters on this in september and just 6 said their top concern was Donald Trumps refusal to release income tax return. Top concern is what their own income tax return is going to look like, how much they are going to earn in the future. Dagen right. The reason i dont think that this resinates in part, you see it in the polls but also anybody who has selfemployment income know that is you can take losses and carry them forward in other years. Half of the country pays no net federal income tax so somebody knows how to use tax code to their advantage and not just donald trump. Maria whats bomb shell that she followed the law . Im trying to figure out what the bomb shell is. Anthony youre not going to have loss carry forwards. We have a war on capital, taxshaming which betsy called it in the green room and its a system that i think is going to drive people crazy if we dont fix it, but mr. Trump didnt do anything wrong. If anything, all hes trying to do, hes a risk taker in the Free Enterprise system. What risk has Hillary Clinton have made . Good point. They are blood suckers and parasites. Harlan this is business as usual. This is how any Small Business, how any one would operate. I think that makes him sound like a manipulator. Maria the other side is trying to use on campaign trail which makes total sense. They are also, though, trying to move passed a leaked audio from a february fundraiser in which Hillary Clinton had comments about Bernie Sanders supporters. Listen to this. Theyre children of the Great Recession and living in their parents basement, the idea that maybe you can be part of a Political Revolution its pretty appealing is a false promise but i dont think particularly young people that they bought into a false promise. Maria senator Bernie Sanders weighed on the comments, he wasnt too happy about that his supporters live in the mothers basement. Listen to this. Well, look, of course, it does, in the middle of a campaign and i trust go on some of the statements that i made, there are young people that went into debt, worked very hard to get a good education and they cant find decentpaying jobs and that is a major problem, they are living in their parents basement. Maria let me get this straight, the Trump Supporters are deplorables, the Bernie Sanders supporters are living in the basement. You dont agree with clinton, youre this is where Hillary Clinton, you know, its amazing that shes been in the public eye and in politics for 30odd years and somehow she still cant necessarily read the pulse of the American Public. Unfortunately the combination of basket of deplorables and this comment has easily played into the hand that donald trump and the republicans are trying to paint her as an elitist, someone who doesnt relate to the American Public and thats a big problem for her and youre right, maria, coming into the segment about the bernie comments is that they are trying to deflect with the criticism on the taxes of donald trump because they are trying to say this is have and have nots and one thing i will say as Ranking Member of ohio for the last decade, you dont pay for roads with income taxes. Maria what taxes are used . Its federal gas tax. Its federal gas tax. The state uses multiple types of funding mechanism but at the federal level we dont use federal income tax for roads. Maria are you surprised with how close ohio is with Hillary Clinton and trump . No im not. Theres a huge problem with trade. Its going to be a horse race here to the end. Maria interesting. Good to see you both, ladies. Thank you. Maria fox will take you live tomorrow night for special coverage of the vp debate. Thats tomorrow night live begins at 7 00. Haiti and jamaica preparing for a catastrophic hit from a category 4 storm. We will tell you the details and if it will make to the u. S. Coast of florida. Dramatic details that forced kanye west to leave concert mid performance in new york, back in a minute. Your Car Insurance policy is 22 pages long. Did you read every word . No, only lawyers do that. So when you got rearended and needed a tow, your Insurance Company told you to look at page five on your policy. Did it say great news. Youre covered on page five . 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If you have these, stop chantix and call your doctor right away as some can be lifethreatening. Tell your doctor if you have heart or blood vessel problems, or develop new or worse symptoms. Get medical help right away if you have symptoms of a heart attack or stroke. Decrease alcohol use while taking chantix. Use caution when driving or operating machinery. Most common side effect is nausea. Its me in control now. Ask your doctor if chantix is right for you. We ship everything you atcan imagine. N, and everything we ship has something in common. Whether its expedited overnight. Or shipped around the globe,. Its handled by od employees who know that delivering freight. Means delivering promises. Od. Helping the world keep promises. Maria a monster hurricane heading toward jamaica and haiti right now. Hurricane matthew, category 4 storm as American Vacation goers urge today get out. The u. S. Navy evacuating personnel from Guantanamo Bay. Good morning, janice. This is the strongest storm that we have seen in the atlantic and one that can bring catastrophic impacts to haiti. We are expecting a direct hit on haiti and 70 of this country is poor, so they are living intense and unfortunately still repairing after the 2010 earthquake, this could be devastating, potentially deadly and prayers are needed this morning as the storm continues to move north ward. Hurricane warnings haiti, cuba. Its maintained major hurricane strength since friday and we are expecting it to still maintain its strength as it makes close to haiti, jamaica impacted, eastern cuba and bahamas and what happens to the east coast, a lot of uncertainty here. Anywhere from florida to main, you need to be watchg the forecast of this hurricane. You can see saturday this is the cone of uncertainty still offshore of the carolinas, we will be dealing well into the weekend and next week. Here is one of the reliable forecast model that is make up the cone of uncertainty. The american model, and again, expecting a tremendous impact on haiti, then into the bahamas, this is wednesday and then thursday friday watching a very close call for the carolinas, the coastal carolinas up towards virginia and then the northeast. This is saturday, this is a strong hurricane just off the coast of the outer banks. Here is the european model, another reliable forecast model that we use to determine the cone. Bahamas on thursday and then coming close again to florida, the carolinas, georgia on saturday so the bottom line here is over the next couple of days, haiti, cuba, bahamas needs to monitor. Everyone at play here. Maria that could go anywhere. It really could. Maria janice, we will check out. He has no memory of the crash. Cheryl with the details this morning. Cheryl good morning, maria, Thomas Gallagher told investigators that he was going 10Miles Per Hour but has no memory of the crash itself, just waking up on the floor after. The train slammed on the busy terminal on thursday killing a woman and injuring more than 100 others. Over the weekend, investigators reveal monitor wasnt working. Crews are trying to dig out another box. Well, some breaking news in paris, police are searching for two men who robbed Kim Kardashian west at gunpoint in her hotel. Two men posting as cops robbed her and they did tie her up and leave her in the bathroom. She was physically unharmed, though, her husband kanye west was on stage in a concert in new york when he found out about the robbery, listen. Im sorry, im sorry, i have an emergency, i have to stop the show. Cheryl and he walked away. Kim kardashian was in paris with her mother and her sister. Finally, a new report from buzz feed cooking up trouble for blue apron, Workplace Safety issues and lacked hiring practices. August last year a facility facing two threats of violence from employees and nine safety citations from osha. Threats of violence, everybody a parking lot fight. According to report blue apron has more osha violations than any other foodpacking operation in that area. The situation to scale back marketing to improve work conditions. They needed time, that could be valued at as much as 3 billion. Back to you. Maria thank you so much. The clock is ticking for Deutsche Bank to reach settle with the department of justice. What the settlement could be for other banks and close to 14 billion . Hillary clinton endorses of lebron james. Why he throws his weight behind Hillary Clinton coming up next. Hey hows it going, hotcakes . Hotcakes. This place has hotcakes. So why arent they selling like hotcakes . With comcast Business Internet and wifi pro, they could be. Just add a customized message to your wifi pro splash page and youll reach your customers where their eyes are already on their devices. Order up. Its more than just wifi, it can help grow your business. You dont see that every day. Introducing wifi pro, wifi that helps grow your business. Comcast business. Built for business. Maria no deal yet between Deutsche Bank and the justice department. Mortgage securities are ongoing despite report last week that the bank could pay 4. 5 billion fine. Mark is good to see you, thanks so much for joining u. Good to be here. Maria before we get to markets, are you worried about this Deutsche Bank story . The journal first broke the story months ago that they were facing a 14 billiondollar fine from the justice department, now the journal is reporting that the negotiations could make it a lot better, 5. 4 billion. Whats your take on the Deutsche Bank and impact on Broader Markets . Well, the 14 billion is a huge number. A lot better obviously. What concerns us which concerns are next and how aggressive the doj is going to be on other banks. Maria you want to stay away from financials then . European is a sector that hasnt been strong and we dont expect them to be stng. Its a different story in the u. S. But developed is not good story right now. Maria if it has to start unloading securities, is that going to put a big pressure on the Broader Market . It is, theyll probably renegotiate that deal so it doesnt happen. Theyll definitely get a bailout if necessary from the germans but ultimately the european banks are in a disaster zone and many have negative equities. The issue is what happened when the italian banks start to fail and spanish banks, what do you think happens in europe then . Thats one of the reasons we are there. The banks are not well capitalized as the u. S. Banks, theres very little reason to be in developed europe right now. London has been the exception leaving the eu has led to a stock rally there. London is at an alltime high. Maybe leaving the eu has been a good move for london. Maria theres going to be a timeline for britain exit from the euro zone, theresa may said this weekend that article 50 will be triggered by the end of march 2017 leading to full exit by 19. Do you believe in that timeline . There were comments today by other countries saying thats a little too aggressive but its refreshing that the british Prime Minister actually wants to follow on the will of the people. That part is refreshing. Dagen in terms of we talk about the dire situation in europe, how is there not a spill over in the United States . We have paid huge fines and well capitalized our bank so we dont see as a global contagion. It will slow down European Growth which is why we would rather allocate. Harlan how much was obama, doj to look tough on big banks, they had to backtrack on it, topple a major bank so how much is political posturing . Thats a great question and tough to say. What aree same thoughts. You doing. So five is a more manageable number and you saw stocks on friday. Maria how are you allocating capital right now . Its mostly u. S. , if we are going to be overseas we like merging markets. These countries dont carry the kind of debt that we have. So what