Transcripts For FBC Risk And Reward With Deidre Bolton 20170

FBC Risk And Reward With Deidre Bolton July 7, 2017

Monthly jobs report. 222,000 jobs created in the month of june. Much better than expected moving all three indices higher with the dow jumping 94 points to close out a winning week. This as President Trump met with the russian leader for the very first time as president. Secretary of state Rex Tillerson and White House Press Secretary Sean Spicer holding an offcamera briefing after the landmark meeting. Secretary of state tillerson saying the president did press Vladimir Putin on russias meddling in the u. S. Election. Roll tape. The president opened the meeting with president putin by raising the concerns of the American People regarding russian interference in the 2016 election. They had a very robust and lengthy exchange on the subject, and agreed to exchange further work regarding commitments of noninterference in the affairs of the United States and our democratic process as well as those of other countries, so more work could be done in that regard. Liz blake burman is on the ground in hamburg, germany with more details on the meeting. Blake . Reporter hi there, liz, it was just yesterday President Trump questioned the level of which russia was mettling in the 2016 election staying was probably russia, could have been other countries, maybe other people. No one knows for sure. However, he might have quieted some of the criticisms today on that front. For those who say he doesnt take the issue seriously enough. As the secretary of state, Rex Tillerson, one of six people inside the room, inside the meeting with President Trump and Vladimir Putin said this was the very first issue that President Trump raised with the russian president. Russian meddling in the 2016 election. Here was tillerson after the meeting speaking to reporters in hamburg. The president pressed president putin on more than one occasion regarding russian involvement. President putin denied such involvement as i think he has in the past. The two leaders agreed, though, that this is a substantial hindrance. Reporter now you heard tillerson say the russians denied this had happened. He also said they wanted proof, but tillerson added at this point President Trump, the russian delegation as well was more interested in looking for a way forward. Despite that, the secretary of state described the meeting as very constructive. He said President Trump and president putin had good chemistry. This was a meeting, liz, supposed to last 30 minutes. It ended up going 130 minutes in total. By the way, one other piece of news from the meeting as well, tillerson announcing that a ceasefire reached in the southwestern part of syria, that deal brokered by jordan, the United States and russia. A policy victory on this day that the Trump Administration can hold up. Liz. Liz thank you, blake burman. Dick durbin bashing President Trump and speaking favorably about Vladimir Putin before the two leaders met at the g20 summit. Take a listen. Senator, whats the most positive thing you have to say about Vladimir Putin and the most negative . He is gifted in knowledge of history. Our president is not. He certainly knows how to meet with foreign leaders and push his agenda. Our president has limited experience in that. In terms of his weakness, he too suffers from a form of megalomania. Liz economist ben stein joins me now. Good to see you, ben. Honored to be here. Liz what do you think of senator durbin going after the president and making it seem like Vladimir Putin is better as a leader . I think its extremely unfortunate. This is a time when the country needs to unified. We face extreme, extreme threats from north korea. In a way like hitler with nuclear weapons, its a time for us to be pulling together. These are cheap shots by mr. Durbin. He could have said i find fault with mr. Trump. Weve got to all pull together. Americas got to be the United States of america more now than ever. Liz you are right, you didnt hear the criticisms of Vladimir Putin how hes treated his own people. Unspeakable, unbelievable what hes done. Liz to your point, russias economy is half the size of france and smaller than india. Russia has rolling recessions. That story in a moment. First, ben, id like to hear what President Trump said about pressing putin on syria. Take a listen. We have made this clear to everyone, we certainly made it clear in our discussions with russia that we do not think syria can achieve International Recognition in the future, even if they work through a successful political process. The International Community simply is not going to accept a syria led by the assad regime. Liz we got that ceasefire brokered right now in the southwest of syria. What more can we expect from russia on this . I dont think we can expect much at all. Its interesting, people in america dont know, russia has a longtime, close relationship with syria. A huge base in l. A. Takia in syria, lot of russians married to syrian women. Syria is almost a province of russia and russia is not going to back out and let us be in charge there. As to a ceasefire in a remote desert area, no one is going to know whether thats happening or not. Syria is a hopeless basket case of violence. Bashar assad will never give in. He is a tough guy and never, ever going to give in. If hes got russia backing him up, theres no chance of getting him out of there. I love Rex Tillerson, hes being a little too optimistic. Liz its well reported that russia seeks to use syrias ports as major naval base to dominate mediterranean. Major, major. Liz President Trump spoke to russia about north korea. Roll tape. I called it the peaceful pressure campaign. A lot of people like to characterize it otherwise. But this is a campaign to lead us to a peaceful resolution because if this fails we dont have many good options left. Were asking north korea to be prepared to come to the table with an understanding that these talk are going to be about how do we help you chart a course . Liz is the secretary of state right, ben . North korea is probably the least trustworthy person in the world. We made deal after deal to bribe them to suspend, stop or reverse the nuclear program. Weve given them enormous amounts of food, fuel, money, it never works. The kim phamly is not to be trusted. This family unparalleled brutality towards everyone around them. Were not going to get russia to help us, china to help us, weve got to be prepared to defend ourselves. There is absolutely no excuse for america not building an antiballistic Missile System to protect us from their missiles. There is no excuse for it. We cant afford our own salvation, weve got to do it. Liz get to the dow jumping 94 points to close out a winning week after junes much betterthanexpected jobs report. Fox business wall street week has a big interview with billionaire investor mark mobius who says more could come. Lets listen. I dont think Health Reform is going to come easy. It may not happen, but i think the tax reform will take place before the end of the year. Thats something that is quite possible. They want to lower taxes regardless. Exactly. Do you think that moves the needle in economic growth, tax . Definitely. That combined the reduction of bureaucracy and impediments to growth within the small and medium sector is very important. Liz ben, get to the president s reform agenda. Should he be cheerleading this jobs report or should he be saying the Monthly Average at 180,000 or so is trending down, lower than 2014, 2015, and 2016, going in the wrong direction in terms of longterm jobs growth. So maybe the president should not be cheerleading it. Should be saying hey, this is why we need tax reform and Health Reform right now. The trump agenda. What do you think . We definitely need tax reform. Its a relic from world war ii. Dont need it. Health care reform is not going to affect the economy at all, in my humble opinion. I think the economic numbers are incredibly good. And im probably the least biggest fan of Barack Hussein obama. Whether he admits it by President Trump. We have a huge, huge deficit finance boom. I dont think we can do much better than now. Very, very good employment. Very, very good corporate profits with no inflation to speak of. We for a charm golden era. We should be cheerleading and grateful for it. Watch the policy for it. Liz watch the massive debt load, the debt is surpassing 20 trillion. Its terrifying, terrifying, terrifying. Liz heres the thing, is it easier for congress to play d. C. Gotcha politics and talk about russia meddling and very bad, the authorities should go after russia bigtime and are via sanctions. Is it easier for congress to get bogged down in the d. C. Swamp of gotcha politics and not got heavy lift of tax reform and obamacare reform, is that it, ben . You are completely correct. Legislators are lazy, much easier to sit back, see something on one of the other News Networks that isnt as honest or fair and balanced and say gotcha on that, instead of delving into the tax cut. I used to be a tax lawyer, it is so difficult, it is so incredibly hard to work on that stuff. Easier to say gotcha, but weve got to get congressmen and senators, who will do the hard work. The tax system is not a terrible tax system, it can be made better. In meantime, weve got to be proud of the progress weve made. Weve come so far since the meltdown of ten years ago, its a miracle. Liz thank you, ben stein, love having out show. Love being othank you so much. Liz do not forget to tune into wall street week tonight with Maria Bartiromo 8 00 p. M. Eastern time. Billionaire investor mark mobius weighs in on the economy, north korea, russia and more. Also how you can make money. The dow ending up 94 points. The dow, s p and the nasdaq turning positive for this shortened holiday week. Tech discretionary the retail sectors leading today. Violence ramping up instead of toning down after the gop shooting at the baseball field. We have Bernie Sanders supporter, linda is calling for jihad against the president. Weve got the sound. But first columnist charles hurt says President Trump is replacing president obamas apology tour going back to american exceptionalism. We will compare the two president ial speeches with former campaign spokesperson, look whose here, katrina pierson. Dont go away. Weve at times been disengaged and times we sought to dictate our terms. Our people will thrive, and our civilization will triumph. So we need tablets installed. With the menu app ready to roll. In 12 weeks. Yeah. The world of fast food is being changed by faster networks. Data, applications, customer experience. Which is why comcast business delivers Consistent Network Performance and speed across all your locations. Fast connections everywhere. Thats how you outmaneuver. So new touch screens. And biometrics. In 574 branches. All done by. Yesterday. Banks arent just undergoing a face lift. Theyre undergoing a transformation. A data fueled, security driven shift in applications and customer experience. Which is why comcast business delivers Consistent Network Performance and speed across all your locations. Hello, mr. Deets. Every Branch Running like headquarters. Thats how you outmaneuver. If you think about eight years ago, this is about when president obama was beginning what a lot of people derisively called his apology tour, going around the world, sort of apologizing for america and making excuses for failings that he sees about america. And this feature is very different from that. It was more like a reagan sounding speech, where he he talked about the shared ideals. He called poland the soul of europe, and i think that theres definitely a new sheriff in town. Liz columnist charles hurt saying President Trump is replacing the Obama Doctrine of being on the apology tour with american exceptionalism. Lets take a look to see if he is right. There have been times where americas shown arrogance, and been dismissive. Even derisive. I declare today for the world to hear that the west will never, ever be broken. The United States is still working through some of our own darker periods in our history. Our values will prevail. Weve at times been disengaged and at times weve sought to dictate our terms. Our people will thrive, and our civilization will triumph. Liz joining me now former Trump Campaign spokesperson katrina pierson. Pretty striking, katrina, when you stack up President Trump with president obamas speech defending western civilization and aachievements. Why didnt president obama do the same. He came across as demoralizing there. I think that president obama and President Trump are vastly different people with very vastly different opinions on america. And listening to the clips, think of three words, america is back, and charlie hurt is absolutely right. There is a lot of patriotism out there. I cant tell you how many messages i received on the 4th of july that simply said thank you. Everyone is so happy to have a president , a leader whos actually proud of his country, embraces the good with the bad but promises a positive future. What more could you possibly ask for today . Liz heres the question for you, katrina, how much damage did president obamas apology tour do to americas reputation . Well, i think it did a lot of damage. Thats what the president is having to undo right now, and doing a magnificent job of it, is going out there and reasserting american exceptionalism, it is okay to have values, it is okay to have the faith and the freedom that we have in this country. To face the people that president obama had in hand and apologizing for and saying there is a new sheriff in town and im proud of my country. America is back, its better than ever, and you have to carry your own weight in the International Community. Liz i wonder how World Leaders received trumps speech. Heres what the president was focusing on, freedom, democracy, the individual human dignity. Whereas president obama was coming across as benevolent, big government, paternal. Thats what charles hurt said. President trump was saying in poland, roll back big government. This is a land that fought against communism and nazism, go ahead. Thats why many came to this country to begin with. They wanted freedom. Rejected the government controlled everything, and thats the spirit that President Trump encompasses and charlie hurt mentions that president obama didnt understand what selfgovernance meant to the founding of this country. There is a reason why the United States is different. A reason why american exceptionalism is a term. It is because the people here dont want to be ruled by a government. They want Self Governance and know whats best for themselves and their families. Not any government. Liz lets get to the media and how the media in the United States reacted. Despite comparisons to President Trumps speech to some of president reagans most powerful speeches, and despite praise from trump critics like dan rather, the media attacked trumps speech in poland. Roll tape. For the president to go off on cnn as fake news, to me, just made this entire spectacle seem like a fake News Conference. American president s traveling abroad typically hold up American Values such as press freedom and the institution of the presidency. Mr. Trump, for his own reasons, did not. Hes going to have to be a statesman. When its tough to be leader of the free world and king of the trolls at the same time. The first half of the speech packed with platitudes and trite, obtain talk points, extremely disappointing speech for anyone hoping to get policy points out of it. A tedious speech it. Needed serious editing. Tedious speech. President trump is supposed to talk about u. S. Policy to the International Audience . Did the media read the speech . Trump was talking about the exact same thing that the president of france was talking about. The media went micro, started going after fake news, didnt do a fair job of reporting and i dont think they read his speech or watched it in its entirety. What are your thoughts . Of course they didnt. They are definitely going to focus themselves. Thats what theyre showing themselves to be the best at. Theyre going to read it now, already reported on it and not even a story anymore because everything was positive, he was focusing on policy and doing his job as president of the United States and because they wont have anything negative to say about it, its not an issue tomorrow. Liz democratic president s have defended freedom, democracy, individual human dignity. When President Trump does that, the u. S. Media seems th

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