Transcripts For MSNBCW MSNBC Live With Kate Snow 20160120 :

Transcripts For MSNBCW MSNBC Live With Kate Snow 20160120

Budgets, they have to invest less in new products and lay off thousands of workers and has all sorts of knockon consequences. In 2015, when we saw the price of energy come down there are about 100,000 layoffs in the Energy Sector. In fact, the only sector in the economy that actually saw job losses because we have all been talking about how happy to have 5 unemployment. Guess what. In the energy patch theyre laying people off. Oil is a big factor. Another big factor watching and nervous about is overseas, the selloff were seeing in chinese equities still pretty wildly valued and worried wondering if thats a reflection of the chinese economy slowing down. Thats bad news for Big American Companies that export into china. We also the csmi global benchmark. Its down 20 or more from the most recent peak and theres a global selloff in equities and u. S. Investors biting their nails thinking, if everybodys worried about global growth, thats got to be bad for the big American International stocks and the final piece of this ron referencing, the central bank. Far couple of years we had an incredible bull run in the stock market. We saw the stock market triple. That doesnt really happen. We had almost 80 straight months without a 10 correction. Now were seeing much bigger swings. Much bigger ups and downs in the markets and one reason because until the fed started to raise rates in december you saw the head of the central bank come out and the dow selling off 400 saying, dont worry. Well be accommodative meaning well keep ultra low Interest Rates and the fed starting to raise rates and a lot of investors say the return of volatility is a normal thing and its more normal to have a correction every couple of years. All right. Olivia, thanks so much. If youre watching at home, youre probably wondering what it says about the overall economy, maybe your Retirement Savings and joined by the New York Times domestic correspondent josh barrow with us. Weve been watching, down all day. As an outsider not a business person is that are the fundamentals of the economy still strong. I dont think people know, i dont think investors know and why theres been so much volatility. People trying to figure out what olivia was getting at. We have weakness all over the world. Id add in europe with the political difficulty there is to be Enormous Economic problems for the continent breaking up the eu. The u. S. Looks at this situation where the jobs report looks good. Most of the other Economic Data looks good. A couple of worrying signs like a weak retail sales number but pretty okay here and what people dont know is can we sustain that and have reasonably robust Economic Growth with the trouble around us in the world . I think investors are worried that, no, thats going to end up being a significant problem and strong dmix demand, companies cant export as much and weakens demand. Nearing retirement, theyre looking at the number down more than 300 and thinking about the Retirement Savings, 401 k . I know once you near retirement you should be in things that arent as volatile. Right. But still 2009, people took a hit. Absolutely. Could this be a resneet. Yeah, no. As you say, yeah, youre supposed to shift and there are all sorts of reasons people dont fully do that. Because of the weird market for a few years bonds barely pay you anything anymore. People are already nervous that they dont have enough wealth for retirement and holding on to stocks hoping for strong retur s s on them. When the market does this, the wealth can evaporate. The right time to derisk before the stock market falls. Too late. Right. Make sure your aloe case is right, make sure you have the right of risk you should have had and if we go through a really bad stock market decline, a lot of people are faced with choices like retiring later or working more years or cutting the consumption so they can save more of the income. None of those are appealing choices but consumers cant directly control how their investments do and only their income and consumption. Josh, good to have you with us. Well keep an eye on the markets all hour. Going to the closing bell at 4 00 p. M. Eastern time, the top of the next hour and see where the dow lands today. I want to turn to the other big story of the day, politics. Trumppalin show rolling through oklahoma this afternoon after her big endorsement last night an its bill clinton to the rescue yet again. The former president returns to New Hampshire where new poll finds his wife down 27 points to Bernie Sanders in that state. Also, marco rubio allies talk about a socalled 321 strategy to win the economy. Well begin with the republican fronter donald trump who a short time ago appeared on stage in oklahoma alongside former oklahoma governor sarah palin. Are you ready for a commander who will allow us to make America Great as he leads the charge for us . Are you ready to finally secure our border so that we can secure our homes and our jobs . Are you ready to stump for trump . After palins rousing introduction, time for donald trump himself to rally the crowd. If i dont win, im not talking about winning primaries. Im talking about winning the presidency for you. For you. It all doesnt matter. Okay . It all doesnt matter. It [ chanting ] thank you. So nice. Thank you. You hear from the roar. You say, man, thats a lot of people. Okay . But we have a packed house. Amazing. Wow. Amazing. Nbcs Kerry Sanders is out there in tulsa, oklahoma, with the Trump Campaign where its stale little noisy. Kerry, a lot different feel today than last night. Reporter absolutely. Well, sarah palin came out and was warmly embraced by the crowd here. 10,000 plus people. You can hear them cheering right now as donald trump is speaking. It clearly is a sign that they like the idea of the support that sarah palin has thrown to donald trump. One of the things she said during her speech here is that they dont like it when people go rogue and today talking about the Republican Party establishment. She says she knows something about that and donald trump knows something about that. And that its time for the Republican Party to recognize where this is going. Now, there are those people here solid Trump Supporters but not necessarily those who love sarah palin. We spoke to some of them and this is what they had to say. I personally like her. But i understand that that i mean, it might affect it might affect it because there are people that dont like her. I think sarah palin coming out speaking sends a strong message that the countrys becoming unified behind a candidate and the women are standing behind that candidate, as well. If you support her, youre going to back her choices. You believe reporter how about you . I it doesnt affect me either way. Im not a big sarah palin fan so it makes no difference to me. Reporter why . What is it about her . I have never liked her. I just i dont like her a. Reporter just curious, not a sarah palin fan, do you remain a trump fan . I do, yes. Reporter there you hear it. Some people not necessarily swayed by sarah palin, its not going to turn them out to donald trump. Youre going to hear the music here. Just cranked up. The rally here is beginning to wind down now. Donald trump has left the podium. No doubt with sarah palin now off to our side. Where its expected theyll be mingling with some of the 10,000 people here doing as they have done in the past or at least donald trump has done signing some autographs. One of the things he needs to do is appeal to evangelicals and what he said here at oral roberts university, a rather conservative university, he said theres an assault on christianity, on guns. We are going to stop the assault. Clearly playing to the crowd, sending a message, one that sarah palin clearly said before and one that sarah palin maybe has a louder voice with that particular audience. I think what summed it up is she said to the crowd hallelujah and they responded. Kate . Kerry, another headline from the event. Palin discussed her son track which is in the news the last couple of days. This is what she had to say about his recent trouble with the law. I can talk personally about this. I guess its kind of an elephant in the room. Because my own family going through what were going through today with my son, a combat vet, having served a striker brigade, fighting for you all, america, in the war zone. But my son like so many others, they come back a bit different. They come back hardened. They come back wondering if there is that respect for what it is that their fellow soldiers and airmen and every other member of the military, so sacrificially, have given to this country. Kerry, her 26yearold son was arrested and charged on monday night with interfering with the report of domestic violence, possession of a firearm rile intoxicated and assault on his girlfriend. Those are all misdemeanor charges. We should just note. Thats the first time we heard her address it. She called it the elephant in the room, right . Reporter thats what she called it. Indeed it is. Theres so many shades of gray here. You and i both have spent fair amount of time talking to people who have returned from service in conflict and they do change. Some people handle it well. Others dont. Sarah palin seemed to suggest today that there is a direct link and as any psychologist and post Traumatic Stress disorder specialist tells you, it takes a long time to get to the answer of whether one affected the other and she addressed the elephant in the room. Kerry sanders in oklahoma, thanks so much. While trump and palin held court in oklahoma, ted cruz continued the bus tour in New Hampshire today where among other things he was questioned about his opposition to the renewable fuel standard. Thats an unpopular stance in iowa, particularly among farmers and ethanol producers, the issue that caused i withs republican governor yesterday to come out against ted cruz. Heres how cruz addressed it today. My position has not changed one iota. Which is my view on energy, we talked about it just a minute ago, is there should be no mandates, no subsidies whatsoever for any energy source, whether ethanol or oil or gas or anything else. Im the only major candidate in iowa taking that position. Thats like coming up to New Hampshire saying, im for the broncos. Just yesterday, donald trump promised not only to protect the ethanol mandate, but to expand it. Every one of us seen politicians that tell one group one thing and tell another Group Another thing. And we know what happens. Also in the Granite State today, three establishment candidates seeking endorsements while addressing the New Hampshire house of representatives. Among them, florida senator marco rubio who according to rubio allies settled on a socalled 321 strategy to win the nomination. Thats three for coming in third in iowa, two for coming in second in New Hampshire and then one winning the First Southern primary in South Carolina. Nbcs Hallie Jackson standing by in concord, New Hampshire. What are people saying about this socalled 321 strategy and whether thats a real strategy . Reporter well, a couple of things about this, kate. Its a catchy way of talking about it. Not particularly new and reporting over a few weeks, when you look at the reality on the ground, right . When you look at the poll numbers are, its clear that trump and cruz doing well in iowa. Okay . In New Hampshire you have trump with a double digit lead right now and could be affected by iowa and an establishment candidate i think the sense is that you look at that, whens opening . So if you are a marco rubio, you cannot lose at any point in those first two states to chris christie, john kasich or jeb bush and naturally put you in third or second, a strong second which would be surprising in iowa. Maybe a second in New Hampshire. Or even third as long as youre beating out the rest of the establishment lane and then potentially after that picking up enough momentum and support, excuse me, from the establishment lane, that you can then continue to do well in places like South Carolina and in places like nevada which hold their nominated contests after that. As for whether its effective, its more complicated than donald trump if you win iowa and New Hampshire, you are in good shape after that. You mentioned the establishment candidates here today. I had a chance to talk with marco rubio about this. Heres what the senator had to say. A lot of talk about the strategy, third place in iowa, second in New Hampshire s. That enough to say youre fighting for third and second . I dont think thats the strategy. The strategy is to do as well as we can. Our real strategy is to undo the damage barack obama did to america. Reporter there you see marco rubio doing something he so often does in the campaign, pivot to the democrats and foift what he hopes will be the general election matchup of himself and Hillary Clinton. Rubio out with new video today taking aim at clinton, a strategy that we have seen him employ in the past. As we wait, we have the little box in the corner waiting for president obama to speak in detroit and let me ask you about the others. Jeb bush, chris christie, john kasich and ted cruz all in the Granite State today. Reporter yeah. Where a es the momentum right now for any of them . Reporter yeah. Busy day up here in New Hampshire, kate. Right now it appears as though from folks from on our team on the ground, john kasich is having a moment here in New Hampshire. He picked up endorsements from several newspapers. He seems to be doing sort of better on an upswing on some polls and some are an aberration and getting more energy from the crowds pulling at the events. I had the chance again across the street at the state house, i cornered governor kasich. Do you think you can break through and win the state in. Well, look. I mean, we have risen pretty high here and shocking most people but we are not shocked because we have been plucking away and working and we have a lot of people who are disciples of the darkness and im actually the prince of the light. I think that we can lift the country and solve problems and we have a great time in our town halls. Were very positive about things. And so, at the end of the day, you know, the skis the limit for us. Reporter so, kasich explaining the kind of campaign he wants to run, he believes he is running. Something that is more optimi optimist optimistic. He hasnt seen quite the onslaught of outside groups issuing attack ads that some others have had to fend off in the state. Hallie jackson, thanks so much. Lets talk about the democrats now. Bill clinton was back on the campaign trail holding an event on behalf of his wife in concord, New Hampshire, this afternoon. First time, he drew some sharp contrasts between Hillary Clinton and her primary opponent Bernie Sanders. Never quite using his name. Hillarys opponent said this is called by wall street and billionaires. And if we just break up the big banks and tax them billionaires of millionaires and give you Free Health Care and education all will be well. On health care, hillary thinks we should remember how important the Affordable Care act is. Her opponent says we should scrap that and go to a single payer system. That comes as a new poll shows clinton and shows sanders rather with the biggest lead yet in the Granite State in New Hampshire. According to the survey by wmur and cnn, sanders is ahead of clinton in New Hampshire by a full 27 . In the nations first primary. Kristen welker is live in New Hampshire for us. Kristen, sure looks like a direct correlation of the poll we showed and what bill clinton is saying on the trail. Reporter theres no doubt that the Clinton Campaign is feeling the heat. Former president clinton starting on the campaign trail was really pretty muted in terms of going after senator sanders and focused on making case for secretary clinton, talking about her escobar appearance. Today we saw a bit of a shift. He started to focus more on senator sanders and never mentioned his name and very clear who he was talking about and he focused on this electability argument, making the case that secretary clinton stronger candidate to face off against clins in a general election. He also brought up the issue of flint, michigan. The crisis there over the water. That is obviously an issue thats impacting a large minority community. Take a listen to what he had to say about that. When her opponent asked to comment on it, look, he genuinely cared about it just like she did. His heart was in the right place. He was outraged. Who wouldnt be . He said the governor should resign. What she always thinks about first is what can i do to make it better. Reporter so there you have the former president trying to draw a sharp distinction between senator sanders and secretary clinton over this issue that is very important to voters, particularly to minority voters and thats an area by the way where senator sanders does struggle and that could hurt him in a state like South Carolina or nevada, for example. State that is are bigger and more diverse. Int

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