Transcripts For FBC Risk And Reward With Deidre Bolton 20160

FBC Risk And Reward With Deidre Bolton May 10, 2016

Deception to sell the nuclear deal to u. S. Lawmakers and five key countries. Rosen says the Obama Administration removed eight minutes of video from a press conference to get it done. Well bring you more details on that in just a moment. First breaking earnings news. Disney missing quarterly profits and sales forecasts. It may shave 44 points off the dow tomorrow. Lori rothman has the latest from the floor of the new york stock exchange. Lori, disney had some hit movies. We were showing the new star wars. Zootopia was another one. Not enough to move the needle overall, right . Reporter it did those movies and studio performance offset the performance this quarter somewhat, but to your point not enough to impress investors. Talking about the happiest place on earth, this could be the saddest stock on wall street tomorrow. Shares down 6 in the extended session that could mean decline of 44 point. That could translate off 44 points for the dow. Dow was up 222 points. Kind of a shame. Let me break it down. You pointed out movies. Continued success of star wars. Zootopia, surprise hit. That was the good news. But the problem continues to be the cord cutters and media department. So you had espn and disney channel, wasnt even subscriber growth problems. Subscriber growth was stagnant which isnt great but the fact this idea, it is almost like something youre expecting to happen. So subscribers and advertisers, advertisers that are now scaling back. Ad growth is really weak among those Cable Holdings and overall Media Properties. So the other thing to listen to, investors wanted to hear more about the succession plan. Tom staggs, chief operating officer surprisingly left. Leaves a lot of questions who will succeed bob iger. A lot of questions for disneys future. Studio strong. Theme parks and resorts with tremendous performance. Media holdings, real trouble spot for walt disney. Back to you. Deirdre lori rothman, there on the floor of new york stock exchange. It may be a rough go, inddyingses are for disney tomorrow morning. We want to get you back to two versions of one video. In a 2013 press briefing a white house spokeswoman gave credence to the idea that the government lied about when Nuclear Talks began with iran. Here is edited video. This is where rosen says a key piece of the briefing was taken out. You will see a white flash. That is in place of selected material. Here it is. As you all are familiar with, whether it is their volumement in support of the regime in syria or humanitarian issues, and so that has not changed that. Obama Administration Says we showed up because our economy is falling apart. Im here to tell you that is the not case. We have our own reasons for coming. Well take a close look at his comments. Well have more to say about them once we do. Deirdre now we want to show you part of the video that was removed. From our sources, here is the original video with the controversial part included. James, i have no new information for you today on the timing of when there were any discussions with any iranian officials. Let me try it one last way, jen. I appreciate your indulgence. Sure. Is it the policy of the state department where preservation of sigh cressey of secret negotiations is concerned, so lie in order to achieve that goal . James, i think there are times where diplomacy needs privacy in order to progress. This is a good example of that. Deirdre former reagan Economic Advisor art laffer is with me now. Art, welcome, welcome. Thank you, deirdre. Deirdre you served in the Reagan White House as everybody knows. Youve seen numerous administrations. Is the Obama Administration different ethically in the way that it manages its communications or its image or both . You know i get the sense they are. If you will remember i was in the Nixon White House from 1970 to 1972 where we had to complete deception and deceit with regard to the public at large visavis water gate and to lesser extent other issues as well. Let me say this administration has been misleading especially in economics what is going on. I listened to president say it how well weve done on economy and he had the most wonderful recovery ever. That is just not true. We have the single worst recovery in u. S. History be it in output, be it employment, be it housing recovery, any of those things. It is just not true. You remember, deirdre, all the discussions that were taken visavis obamacare. That which would have lower costs, better coverage, better health, all of that. None of that is true. The costs are rising. Coverage is diminishing. Insurers are dropping the plan and states are hugely burdened by obamacare. None of that was told to us. Any good economist worth his salt or worth his salt would know very well obamacare was just not good. Deirdre thats why i love having you, and i love talking about the employment numbers. We finally got a little bit more of an inddyings what is really going on friday. If you speak to people on the street, in smaller towns, a lot of them just say they have given up, right . That is exactly right. Deirdre Labor Participation rate lowest since the late 70s, early 80s, no one exempt for us sometimes talks about that. Isnt it just sad . What they point to the Unemployment Rate has dropped. It is very true. All those people are no longer considered unemployed because they left the labor force. Not because they found a job. We are losing 11, 12, 13 Million People per year. If we had employment Adult Population we had under bill clinton. It is not republicandemocrat thing, it is obama w thing, where we had the collapse, no one is willing to realize it, mention or try to correct it and especially bad, deirdre, if you look at the poor, minorities, the disenfranchised. These are people getting hammered, hammered. Deirdre worst than ever. Theyre proposing raising minimum wage so people if they get a job they would be paid a lot but they will never get that job. Deirdre for even a lot of socalled whitecollar workers. They have not had a raise that kept pace at all. It is tragic. It is tragic. Iran sounds like it is the same thing. Email servers. Just keeps going and going and going. Thank you. Deirdre art laffer, thank you. Wonderful, thank you. Deirdre as us, former senior Economic Advisor to president reagan. In another instance of potentially targeted editing, the white house accused censoring the french president by dropping his mic level when he said the term, islamist terrorism. This happened at a meeting in d. C. Translator the roots of terrorism [spiking french] [speaking french new york stock exchange. We note that daesh is losing. Deirdre Senior Advisor to president george w. Bush, karl rove is here. Carl welcome, what do you make of these edits . I want to be clear, the white house said there was just a technical difficulty, otherwise. They didnt actually he had it that piece. Technical difficult and then did eventually put the entirety of those comments on line with a written transcript. But the first pass seems questionable to many. Your take . Well, i dont want to call them liars, so lets accept that its ironic though because this is exactly what the administration will not say, the words that, that it will not pass lips of the president. Deirdre quite a time for the mic to drop, right . Maybe it is just a coincidence but these coincidences seem to have a way happening with this administration. Deirdre seems indeed. I want to ask you, if you dont mind about something a little closer to home. Senator cruz back on capitol hill the first time today sense he left the race. He spoke with reporters moments ago. Heres that comment. Listen, we have suspended the campaign. We have suspended campaign because i can see no viable path to victory. Of course if that changed we would reconsider things. Lets be clear, we wont win nebraska. There should be no mystery or excitement in that. Weve suspended campaign. If circumstances change, we will always assess circumstances. Deirdre that sounds like open door. I could hop back in there, i dont foresee it but it could happen. Is that how you heard it . I think he is saying in the week since end yana weve seen donald trump come this close to suggesting that he might renege on part of the nations debt. And the question that t is raising if we have enough of this and conditions change and people decide they dont want this guy, i want to keep myself available. I will keep myself available until the convention meets on july 18th and they select the nominee on the 21st. Deirdre how do you see this as we talked about party unity . Certainly doesnt add to it. Look, donald trump says he doesnt need party unity but he does need party unity. Look at three polls that came out today in battleground states, pennsylvania, ohio and florida where donald trump is in the game. If you look inside of those numbers because he basically done a better job of consolidating republicans than Hillary Clinton has done among democrats. He is sort of settled the primary. If he was doing this good when he basically dismisses the necessity to have party unity, what would it look like if he was consciously working towards party unity . And those numbers, her numbers are bad in those polls because shes got a bigger percentage of the democrats defecting than trump has of republicans defecting but that is abuse she is still in primary. What happens when she gets to the point of june 7th, contests are over, she has a lead and democrats begin doing what republicans are doing, that is saying, basically he is our nominee, lets get behind him . Deirdre karl, to your point on the democratic side, there is system of superdelegates which is different than on the republican side. What do you make of cruz, im going back to him, saying he will hold on to his delegates . Marco rubio saying i dont want to be anybodys vp pick . There is going to be a lot of opinions up for grabs, right . Yeah, look. Both partys conventions are likely to have platform fights and potentially rules fight. The democrats will have a rules fight. I think Bernie Sanders will go after the house of lords of democratic party, socalled superdelegate. Theyre breaking 550 some odd for hillary to 39 for bernie. As i understand it, Debbie Wassermanschultz has patrols out looking to sweep up those 39 and send them to reeducation camp in eastern oregon. Deirdre he has been beating the drum on that already. Yeah. Deirdre i agree with you. It is coming, the fight is coming. We may have platform fights in both parties with Bernie Sanders asking for some sort of elizabeth warrenlike attacks on wall street in democratic platform and republican platform fight may be over retaining things such as the life plank in it and other planks that are at variance with Donald Trumps views. So were likely to have, even with these nomination battles being settled, republican battle now i think is settled, unless something really dramatic happens between now and july 18th. I think the democratic bat sell settled absence Something Like her losing the fbi primary. The house of lords effectively settled that contest but there will be some exciting conventions with fights in the back rooms over platforms and rules. Deirdre fbi primary is something i can run on a sports network, i dont know. We thank you you though. Karl rove with me there. You bet. Deirdre thank you for your insights. Fox business has full primary coverage this evening. Lou dobbs and neil cavuto, West Virginia, nebraska, well be reporting results as soon as they come in. It all starts 7 00 p. M. Eastern time. Well, green on your screens. Dow closes up 200 points. The best day since march. On the s p 500 all 10 Industry Groups came higher the energy, materials, industrials. After allegations that facebook is blocking conservative stories from its trending news feed, Senate Republicans are launching an inquiry into Mark Zuckerbergs newsgathering practices. Well give you all the details. I hear fearful voices calling for building walls and distancing people they label as others. Instead of building walls, we can help people build bridges. 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. 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Xfinity x1 lets you access the greatest library of Billboard Music awards moments, simply by using your voice. The Billboard Music awards, live sunday may 22nd, 8 5 pacific, only on abc. I hear fearful voices calling for building walls and distancing people they label as others. Instead of building walls, we can help people build bridges and instead of dividing people, we can help bring people together. Deirdre Facebook Ceo Mark Zuckerberg not hiding his political leans at a recent conference. Now, the Senate Commerce Committee Launching an inquiry into his company. So at issue, blocking conservative stories from appearing in facebooks trending news feed. Committee chairman, senator john thune, spoke with neil cavuto moments ago. A platform that professes to be neutral, protesting to use objective algorithm determining what those topics are and frankly 167 million users they have actually see in the form of news, that is what theyre putting out there, that is what they ought to be doing. So it is a question of having them clarify what they, how they go about doing this if in fact what is their policy and if their policy has been breached, what they have done to correct that. Deirdre facebook denies any bias. Author and editor of conservative black chick, crystal wright is with me now. Hi, crystal. Facebook employees using a company poll asking zuckerberg whether or not employees should prevent a President Trump in 2017. The poll, we have to make it clear, not sponsored by management but employees essentially organized themselves to do this. What are your thoughts . Do we really believe that in light of recent news or should i say nonconservative news comes out deirdre sometimes it is about tone, right . Well, facebook is posterchild for liberal bias and censorship. So i really doubt that Mark Zuckerberg didnt know that employees did this dumb trump poll . Dump trump poll. Funny that the speech you played moments ago, you have zuckerberg talking about wanting to build bridges and tear down walls. Just not on his site for conservatives, right . Just censorship, First Amendment and free speech is good for liberals, terrorists and bad guys. Deirdre supposed to be free speech for everybody. Its not. Deirdre all about money. Facebook employees donated more than 114,000 to Hillary Clinton this election cycle. Hundred thousand to senator rubio before he dropped out. If you look at people voting with their checkbooks, there it is. Hess employees are actually trying to manipulate the site as is zuckerberg to fit a political agenda. This is no surprise. I have no problem with facebook employees donating to whoever political candidate they want but it shouldnt be infiltrating the work place and how facebook is used by users. That is problem. Deirdre free speech, free thought. Were true believers. Crystal wright, thank you. Editor of conservative black chick. Facebook by the way closing up today just over 1 , shy of alltime high. Verizon communications bought aol close to 4. 5 billion earlier this year. A bet on future of media, tech online video. Aol Ceo Tim Armstrong wants to grow aols audience to two billion by 2020. Jo ling kent got exclusive interview with him. What stood out in your conversation . Reporter in my exclusive with aol Ceo Tim Armstrong at tech crunch. What does he think about facebook suppressing conservative leaning topics . I think it is unlikely facebook is tilting information for consumers. All of us have one word with consumers, that is trust. If consumers dont trust you, they will have us on the service. Reporter armstrong as a rule he stays out of editorial side to prevent political influence like the huffington post. 2016 race generating a lot of money from Media Properties like aol. I asked armstrong what does he think about the Presumptive Republican nominee, donald trump. Here is what i vote for. I vote for most contentious, most discussed, elong gated president ial process ever. You got it. With our Media Properties makes huge difference with amount of traffic and focus. There is a real decision to be made. There will be 10 million conversations and topics that come up between now and election, benefit for our business to. Reporter armstrong also commenting on verizons reported bid for yahoo , telling me if it right deal for right price they are in. He knows yahoo

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