Transcripts For FBC Risk And Reward With Deidre Bolton 20170

FBC Risk And Reward With Deidre Bolton August 11, 2017

Tillerson at that meeting over escalating tensions with north korea. The president s new warning comes in the last hour, and said military plan are lock and loaded some north korea fire any missiles at guam. Were monitoring the president s meeting, well bring you the latest. This as multiple pentagon officials tell fox news that u. S. Military stands ready to fight tonight on the korean pen know sewell anno peninsula. Now chain saichina said it would remain neutral if north korea fires first, but if United States fires first, china said it will step in. Here is President Trump tweeting, military solutions are fully in place, hopefully kim jongun will find another path. And secretary of Defense James Mattis with his first on camera remarks yesterday about north koreas threat to attack guam. Saying he still wants a diplomatic solution because war will be quote, catastrophic. Right now secretary tillerson, ambassador haley, you can see the american effort is diploma diplomatically lead it is gaining diplomatic results and i want to stay right there right now, the tragedy of war is well enough known, it does not need another characterization beyond the fact it would be catastrophic. Liz we will check your money could were going to weekend with outside possibility of arm conflict, the markets are closed, dow ending up 14. We go to nicole on the floor of the new york stock exchange, big money on the line, they are all supply chains for global companies, the markets dont like it when they are closed. Close. Reporter we saw nervousness in the market this morning, they took off cue over in asia, i woke up, checking out what was going on in asia and europe, you saw selling across the board if something were to happen, that markets are close or supply Chain Disruption that is never a good thing, during our financial crisis we lost trillions of dollars globally, we all somehow intertwined. That said, stocks finished higher today, the dow official higher by 14, but for this week, after 3 days of selling, where the dow lost 275 it was not as bad as some thought it might have been. Dow finish down 1 , nasdaq down 1. 5 , and s p 500, down almost 1. 5 . Not the biggest selloff of year any more. For the year, were still well in on to the green, with dow, nasdaq and s p holding to to stellar gains, this morning we were less than 2 away for do you to hit alltime record highs. As far as market this year, yeartodate charts there. And then, where were people parking their money today . I did see a pop in technology at one point. The trend continues, people are investing in safe havens, like gold and treasury bonds. Lowest levels ever. Vix had a big week, a 54 up 54 this week. A forward looking fear gauge. There was nervousness on wall street, you can see that big pop, today it was down 3 . Everyone took a bit of a pause, i think. Liz a. Melissa that is the word i heard. Liz thank you, nicole. Back to President Trump, meeting with u. S. Ambassador, to the united nations, nikk nikki haley, and u. S. Secretary of state Rex Tillerson right now in bedminster, new jersey, were monitoring that meeting for you, and well bring you the latest we bring in former u. N. U. S. Ambassador to united nations, john bolton. Thank you for joining us, what do you think is happening in that meeting . Well, it could this is coconfer with president on what made happen under various condingenceys dealing with north korea if there were the use of military force, whether north korea attacked us or whether we went afte after a perspective missile launch, we would see north korea bring it to security Counsel Council we might want to take it on the Security Council first. Liz china said it would stay neutral if north korea launches first and u. S. Retaliates, but china saying that, they would step in if they try to change the peninsula. This is interesting, this is not an official statement from the government but this newspaper is owned by the government, interesting, thing is if north korea attacked and weary i retaliated, china would stand back, this is a big deal, that is a message to kim jongun he better wake up, and that we would intervene, if we attack first is a standard position, this a signal inside china there is some distances from north korea. I would try to take advantage of that, get to someone beijing immediately to talk about possible reunification or under line to china how strongly we feel about this nuclear capability. There is debate going on this is political theater, in a deal, canceling join military exercises. Is there anyway there could be maybe another way assets get oil cut off to north korea . Do sanctions really work . This is the 6th time that sanctions have been figh tightened since 2006. Is there a way out . Well, actually there have been a total of 9 Security Council sanction regulars t resolution back to july 4, 2006, all of them have been 150, even in the obama administration, your point is key, sanction resolutions are passed. Each has been smith broader, i think that china has been two timing us for last 25 years, they say they dont want north korea to have a Nuclear Weapons capability but they dont take the action to cut off the economy. Economy. I think they fear that we jeem iregime is weaker than most people on outside think, they are worried there might be a diplomatic collapse. I understand this is a hard argument, there is zero chance in my view that north korea will agree to anything regarding its weapons, and stick to the deal, they have not done that in the past 25 years, there is no reason to think they will start now. Liz ambassador, tell me if i am wrong, cutting off north korea oil is that any chance of a possibility there . That could really hurt north korea hard. Well, i think if we had an agreement with china for controlled collapse that is what china would do. They supply over 90 of the oil. It would bring north korea military to a grinding halt in a short period of time. And i think that is what china worries about. Really, applying pressure they can, is that if the government in north korea collapsed uncontrol abily they worry they would get millions of refugees across the border across the river and that american and south korea forces would enter north korea quickly t secure the known nuclear and Ballistic Missile sites, that points too one last effort of diplomacy with china to avoid. Military force. Liz all right. Thank you ambassador. Thank you. Liz military expert in media questioning whether president is correctly handling the north korea threat. We have former speaker of the house Newt Gingrich on with Maria Bartiromo today. He is taking exception to what they are saying. Well, i think overall the president has handled north korea very effectively. I think he has all of his military advisers lined up, they are bringing pressure to bear, nikki haley did pull off an extra ordary achievement last week to get china and russia to vote for a tougher regular. They have to get to north korea to back down, they will bring more and more pressure to bear this a serious moment. We should be aware of this is a very, very dangerous time. Liz bringing in town hall. Com editor, Katie Pavlich with me now. How do you think that president has been handling this situation. Just fine. I know there is a lot of criticism over his socalled rhetoric of fire and fury. And his tripling down on that, as he was supposed to pullback and show weakness in the face of a very Serious Nuclear threat. He has been out in front with this story, he has beenishin issuing a number of statements publicly to reporters from new jersey proving he is paying attention, he is on par with people like secretary of state james mattis, and Rex Tillerson, and nikki haley, they have handled it fine, i think he is willing to show and said it time that someone stood up for america, were not putting up with this. Liz to your point, kim jongun has no moral compass, he executes his own people with antiaircraft guns and kill his own family members, the president moments ago when asked about his own rhetoric. My critics are only saying that because it is me, if someone else uttered the same words they would say what a great statement, i tell you, we have tens of millions of people in this country that are so happy with what i am saying, they are saying finally we have a president that is sticking up for our nation, and sticking up for our friends and allies. Later on the show well show how bill and Hillary Clinton used same rhetoric. You know, it seems that every time kim jongun hits the asseact accelerate or, what are your thoughts . This is you know the kim jongun and his family through out last 3 decade have pressed that accelerator button when the president of United States says something in response to their threats of nuclear anil arkansaa annihilation, in amazing considering the threat that have been made by the north korean president against our own civilians, and the president words as he mentioned in that sound clip, are very similar to bill clinton, similar to george w. Bush. Not similar to barack obama, he practiced strategic patience. But you know there is nothing wrong with him saying if you are going to go after us, and threaten us if you dare launch an attack on guam, be sure that well destroy you, and we can. And north korea probably knows that. And i think that they are probably responding in these ways, they feel like they have, to but im not sure were to the that point that we need to panic. Liz katie, to your point there is likely no other country in world nike nort nok like north korea the scale how they brutalize their own people, you say, you would like to see that balance in reporting out there. Yes, were not seeing the viciousness or acknowledgment of the severity of the threats from north korea. Were only if you look at pool reporting from white house today were asking questions of the president if he is concerned about the critics of hi rhetoric, is that really the concern when we have someone with Nuclear Weapons, threatening to kill civilian in guam, and has allegedly been able to min miniaturize a nuclear weapon, why is question about how trump feels about critics who are upset about his rhetoric, rather than why is north korea behaving this way, and why have we put up with this for so long. Liz good to see you, katie. Thank you. Liz third day of strong warnings from President Trump, today telling north korea that u. S. Will act and that north korea will quickly regret any action against the United States lets look at how defense stocks did following president s comments. Shares of raytheon, lockheedmartin and l 3 ending in the green, up next, media has been critical of President Trumps warn for north korea. The president said he is not concerned. My critics are only saying that because its me. If someone else uttered the same words, thats would say what a great statement. Liz this story for you, Senate Majority leader mitch we have geraldo rivera, he will weigh in next. New president has, of course, not been in this line of work before. And i think had excessive expectations about how quickly things happen. Track your pack. Set a curfew, or two. Make dinnertime device free. [ music stops ] [ music plays again ] a smarter way to wifi is awesome. Introducing xfinity xfi. Amazing speed, coverage and control. Change the way you wifi. Xfinity. The future of awesome. Your insurance on time. Tap one little bumper, and up go your rates. What good is having insurance if you get punished for using it . News flash nobodys perfect. For drivers with accident forgiveness, Liberty Mutual wont raise your rates due to your first accident. Switch and you could save 782 on home and auto insurance. Call for a free quote today. Liberty stands with you™ Liberty Mutual insurance. Im very disappointed in mitch, but if he gets these bills passed, ill be very happy with him, but honestly, rare rar repeal and replace of obamacare should have taken place, on my disk the first week, first day they was there. I have been hearing about this for 7 years. Liz President Trump puts pressure on Mitch Mcconnell, he wants his growth agenda launched, it now 8 months on, voters are getting reckless, republicans hanging on it thin reed of 52 vote majority. Take note, republicans only won popular vote in president ial elections once in 29 years, that was in 2004. Voters are watching, senate news correspondent at large, geraldo rivera. You want missiles unarmed, were to send four intercontinental Ballistic Missile toward guam, that would be trigger for some i am not that i cant tell you what military response power, now for him to blame President Trump for his failure, Mitch Mcconnells failure, to pass held care, i think that is shameful. Liz the republicans got Campaign Donations for 8 years, the thing is, he is attacking his quarterback in the senate who got him the gorsuch nomination. Hey goo a good point, and a valid indication that Mitch Mcconnell is a very valued politician. He kept that seat opamonths into Trump Administration have very little to show on the legislative side. Liz half of foreclosures are due to medical cost, the middle class is getting slammed. We had karl rove yesterday defending Mitch Mcconnell, listen, i would like your reaction. This is a that should not be expanded, president powered gasoline on it, if he was upset about what Mitch Mcconnell said, he should have called him, said i did not appreciate that, mcconnell was giving him sound advice, since then it has turned into a food fight that serves nobody purpose but that of schumer and nancy pelosi, that is only purpose that serves. Liz geraldo, to karl roves 59 this really is a shotgun marriage between republicans and trump. Trump has never really been a stabe am republican. Established republican, right. I thought trump was going to run as a democrat when he first indicated high wa indicate he was running for president to me that late 1990s. But the reason that makes that is relevant right now is that because he has not been a party guy, maybe now trump can reach out, if not to schumer, bypass the radical democratic leadership g to the core. A parl polls show, they dont even like the democrats, they are not standing for anything except obstructing trump. Lose the fringe on both sides, make a deal from the center, most americans are center. We can get help done. Liz good for you, geraldo, good to see you, we love having you. Thank you. Liz it looks like a group led by former star of yankees Derrick Jeter and Bruce Sherman won midding to 53 miambuy the miami marlins, Major League Baseball to receive the written agreement today,. Next up nfl has suspended dallas cowboy star running back ezekial e elliott for 6 games after a exgirlfriend accused him of domestic violent, prosecutors had declined to pursue Domestic Violence charges again elliott last year, citing conflicting information, now cowboys owner jones said ha really mad, and furious about the decision. Yesterday in atlanta, a Police Officer that willed challenged a gym owner to a boxing match, because that gym opener will not allow cops or military in their gym. Next. We never heard this kind of bluster from an american president to another world leader. 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Surround yourself with the team of Breast Cancer experts at Cancer Treatment centers of america. Visit cancercenter. Com breast Appointments Available now. President trump sounds more like a north korea leader than an american leader. We used to look at north koreans, and say those are the nuts with nukes, now it looks like we have our own nut with nukes. The first time that dangerous statements of north korean regime have been met by dangerous statements by the president of United States. We have never heard this kind of bluster from an american president to an world leader. Media slamming President Trump warnings on north korea, here is democrat senator richard blumenthal. Not since harry truman, has this kind of rein of ruin, after the hiroshima attack to pressure japanese into surrendering a threat another nuclear attack, has any president used this kind of rhetoric. Liz that turns out to be not true, and wrong, Media Research center, rebutted that claim. To point tha

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