Transcripts For FBC Mornings With Maria Bartiromo 20170919

Morning. Hurricane rita bears down in the caribbean. A category five storm makes landfall in dominica and Virgin Islands for another beating as well. Puerto rico has declared a state of emergency this morning. Global markets on edge. Investors waiting for good twoday meeting today. Central bank expected to detail how it will unwind the fourpart 5 trillion Balance Sheet. We are expecting details tomorrow. Had it all back in futures indicate a higher opening today in the u. S. Dow industrial to open 20 points. European indices right now makes ft 100 up a quarter of a percent. Dax ncsc around breakeven this morning. The nikkei in japan was a standout up almost 2 from a long Holiday Weekend in japan. The nikkei average higher. Other majors nicely lower. Former Trump Campaign manager Paul Manafort wiretapped. Federal authority secured a warrant post during and after the election they were wiretapping him. Another man on a scandal for equifax was hit by a separate hack in march and only disclosing. The fallout coming out. The font of the stock has been severe. The battle for business, sprint launching its own campaign ahead of the iphone launch. How you score a deal for the iphone eight coming out. All the stories this morning. Here to talk about it, fox news dagen mcdowell. Global economics editor Jon Hilsenrath and former president ial candidate governor Mike Huckabee is here. Good to see you. Good morning maria. Dagen about the special guest you have coming up, i cannot wait to hear from ken burns. Instead of watching the documentary last night. I saw the first installment of it as an incredible story told by an incredible storyteller. Maria at strudel come up later in the program. Republican National Committee chairwoman ron amick daniel is here. U. S. Ambassador to the u. N. , John Negroponte would join us as well. Documentary filmmaker ken burns is here to tell us about his latest project. Kathy ireland is here talking about her Small Business. U. S. A. Volleyball ceo jamie davis, the most popular sport in high school. We will talk about that. Stay with us. President trump on the global stage today. The president to use his landmark first address to the u. N. General assembly to outline his America First agenda. White house Officials Say it tends to appeal to member countries to promote sovereignty in the face of topdown governance. Singin is the president previewed during brief comments he made yesterday at the u. N. We seek a United Nations that ricci is trust of the people around the world in order to achieve this, the United Nations must hold every level of management accountable, protect whistleblowers and focus on results rather than process. To honor the people of our nations, we must ensure that no one and no member state shoulders a disproportionate share of the burden. And that is militarily or financially. Maria Officials Say the president will call out countries like iran and north korea by name when it comes to nuclear weaponry. Join us as fox news news military analyst and retired fourstar general jack keane. Wonderful to see you again. Thanks for joining us. What does the president means when he says he wants to call these countries out. When it comes to threats in particular for north korea, what should we expect . It is interesting to watch the trump doctrine so to speak his last eight months because hes done a couple things that eliminated anybody sad about President Trump and his aspirations for Global Leadership. Number one companies reassured our allies in the far east, middle east and europe that the United States has got their back. Secondly, very important part of his Foreign Policy as hes willing to confront our adversaries in a way his predecessor never has. He will do that im confident in his speech today for their abhorrent behavior and aggressive assertiveness and what they are doing in terms of trampling on u. S. Interests and also those of our allies. What is really about is building a constituency on the world stage in the u. N. That we should collectively stand up to this kind of aggression and that includes russia china because we are in big power competition again with them than they are also taking advantage at least in the past of the United States and allies. Maria you would think that is not brain surgery. You would think this is an easy one comment that he is having this kind of sentiment right now in the face of what this country faces. The senate easily passed a nearly 700 billion defense bill backing President Trump scald for bigger and stronger military. The house passed its version of the bill back in july. The two now have to be reconciled before Congress Considers the final version. What you expected the final compromise to look like . Is this what you believe the country needs right now . We talked about the lack of strength in our military right now and the lack of readiness. This is a step in the right direction. To give you a sense, the congressional leadership that deals with the defense issue is so concerned about the department of defense and erosion of its capabilities that they bumped up President Trump submission to them by 30 to 40 billion in the house and senate. Though go to conference to resolve the differences they have, that they are not major differences. All that said, it will still take a month or so. Then they will send something to the president to sign. Before this becomes law and defends the money is going to be appropriated by the appropriations committees, what will have to happen is the budget caps will have to be removed and that will take in the senate 60 votes to get that removed and the democrats may not go along with it. What we are seeing here come the big step in the right direction. Applaud the committees that voted for it. By the way, democrats on those committees voted for this legislation and testimony to the leadership on those committees and also a democrat sitting on the defense committees that know how seriously the problems are inside the united its military. But we do have a major coalition coming probably after the holidays and the appropriators sit down and can they really write the checks for that. Theyll have to get the budget caps removed to require another vote legislation to do it. Maria does that go up against other legislation hes trying to do . A major fight through the end of the year, as i pointed above against tax reform . It is all interwoven, obviously, with the republicans and democrats can agree on anything. Here, there has been a Significant Education inside the congress about the seriousness of the problems the United States military has and i hope the democrats can put their National Security hat on and take the antitrump had often vote for what is right for security of the American People. Maria its got to be six months, eight months ago, you and i were speaking about this subject and i said wow, you really scared by their creator marked about one of the comments of the readiness of our planes in a week ago the wall street journal wrote about it. You told us this coming talking about the navy and you told me, what was the percentage of ships that are not ready . U. S. Airplanes. They go from 40, 50, 60 not ready. What happens is the missions are still out there. We have to perform them and we do with less airplanes and that creates more and readiness because they start to break after a while. It is no accident that the mishaps have gone up in the services and aviation and also some of the problems the navy has them convinced theyll related to this readiness issue. Trend to the train accidents bring it to the forefront now. The number of accidents just recently. General, or thoughts on this. President trump met with french president emanuel macron yesterday where he gushed about the frances military might on display when he attended the field Day Celebrations in july in paris. Who we may do Something Like that on july 4th in washington on pennsylvania. [laughter] we will have to try and top that. A lot of money going over, a lot of military might can do is really a beautiful thing to see. Maria these two look like they get along quite well. What you think of the military parade july 4th . I like it. We all know in smalltown america and cities, the patriotic parades, not usually having a lot of military involved in it. Not all available to do Something Like that. They think appropriate that that covered the American People would love. They would still celebrate fourth of july in their hometowns. A lot of people come to washington was certainly enjoy it. We have a military concert in the early evening followed by fireworks in washington d. C. , a parade early in the day. I think its a terrific idea. Defense secretary jim mattis confirming the u. S. Will send the additional 3000 troops to afghanistan which would bring the total number of u. S. Troops to more than 13,000. What do you think the mission will be. What is your take on the additional 3000 . I suspect they were continued to be people to help advise the National Security forces on the ground. Hopefully closer to the battlefield so they can make more of a difference. Maybe some special Operation Forces in there to increase the counterterrorism leadership. The major issue here is pakistan. We have got to apply whole of government pressure on pakistan to shut down sanctuaries for the taliban are taking refuge. No counterinsurgency has ever succeeded against insurgents in the history of the latter safe haven outside the combat zone or the Afghan Taliban had two of them. Its outrageous. The Trump Administration is making a commitment to do something about this. They failed miserably in achieving that end. This is something that has to take place or we cannot exceed. Maria what do you feel will be a successful speech when the president is done . Should he be mentioning afghanistan . Is that the right . Mostly this is american exercising Global Leadership in the world stage is 193 nations. The thing i applaud about President Trump, im not server on trend sure during the campaign. Hes put American Leadership in the world stage promoting prosperity, peace, stability and security and a willingness to confront allies. That will be in his speech today as much as it was at the speech in poland and the one in paris as well. Maria general good to see you. Thanks so much. Coming up next, maria aiming for puerto rico. Hurricane maria as a category five storm now moving towards the u. S. Virgin islands. New details about not one, but two equifax breaches this year. One before the incident that has affected the entire country. Back in a minute. The so what else is new . Hows your mother . Umm. Shes doing good. She needs more care though. She wants to stay in her house. I dont know even where to start with that. First, lets take a look at your Financial Plan and see what we can do. Ok, so weve got. Well listen. Well talk. Well plan. Baird. For tech advice. Dell Small Business advisor with one phone call, i get products that suit my needs and i get back to business. Maria welcome back. Eric and the recipient of eastern caribbean. A category five battling towards puerto rico. Boxing a meteorologist janice dean in the weather center. Good morning. Reporter a dangerous term, maria. Irma and maria since 2007. It went down to a cap for hunters found winds in excess of 160 Miles Per Hour and thats why they bumped it back to category five. Bake in its first landfall across the tiny island of dominica and it is going to be devastating unfortunately for them. The british and u. S. Virgin islands and puerto rico could take a direct hit from a cat five or cat four. Doesnt latter. Two feet of rainfall, twofoot to 11foot storm surge on san juan, puerto rico. Obviously, a dangerous potentially devastating situation. The rainfall anywhere from a fit to two feet of rain which will cause inundation across these islands. Wind gusts in excess of 100 Miles Per Hour for the Virgin Islands as well as puerto rico. Well have to watch this for turks and caicos and the bahamas. East coast means to monitor. The good news is the forecast models right now are potentially showing every curve and not affected the east coast that will continue to monitor it. Still watching hurricane jose with the potential of the rooster type conditions across the northeast coast through midweek. Back to you. Maria janice, thank you very much. Were expecting the damage to the 125, 150 billion if it went where was supposed to go in miami. It didnt and now weve got this. It is bad to worse. At the devastating storm. If theres anything msn theres no silver lining, but at least it was in a year later after they built it back up and then get devastated again. When youre in a thunderstorm, once your wet, once your wet coming or so. Once youre destroyed you can get were destroyed. It does mean that Building Back will be an enormous project. These folks are in for a world of hurt. We were so focused on the damage here to the United States from the last couple of storms. We have to remember they were hit much harder in this place is dozens of deaths that we didnt get in the United States in part because the hurricanes will weaken as they make landfall on caribbean islands. Maria despite past farms, the new Associated Press analysis reports americans want to live near the sea, but two of the Fastest Growing regions, coastal texas around houston and southwest florida. You are still seeing growth in people to live there. Something to keep in mind. Growth is happening with extraordinary focus on hurricane resistant construction. The building codes because we built on the coast of florida where i am living now. The building codes are unbelievable. The cost of construction is considerably higher. The u. N. Not seen the devastation he saw 10, 20, 30 years ago. They dont have that in many caribbean islands. The impact is far more devastating because the structures just could not. And also, here in the United States, if people continue to live and build and grow in florida in the gulf coast, weve got to figure out a way to sue individual fit the bill, but in the case of houston and Hurricane Harvey, and the insurance only covered about 15 of the losses. I was largely flooded. Im going to tell you something. The people building today are paid very dearly for insurance. Is maria my point is the loss and Hurricane Harvey in texas was not insured. People not required to then buy Flood Insurance. When we do these emergency spending packages and we have subsidized Flood Insurance programs. The government encouraging people to live in his hurricane prone areas is subsidized Flood Insurance. Dagen 20 trillion in debt. Eventually we have to figure out how to deal with the deal. Dagen georgia tech may have appears to offense torched a police car after peaceful vigil after interrupts into violent protests. Hollywood turned political during tvs biggest night the other night. Viewer seemed to be turning off. We will explain the ratings in a minute. Im living that yacht life, life, life top speed fifty knots life on the caribbean seas its a champagne and models potpourri on my yacht made of cuban mahogany, gany, gany, gany watch this dont get mad bell mnemonic get e trade and get invested maria welcome back to three people under arrest after protests turned violent at georgia tech following the Fatal Shooting by Campus Police over the weekend. Cheryl casone with all the details now. Good morning, maria. This job is advancing on officers with a knife. Issuing an Emergency Alert shortly after they honor the life of 21yearold. The Georgia Bureau of investigation said schultz had called 911 and left suicide notes before the intent that happened on friday night. Besides each artist being untaught metaphor. The former Term Campaign chairman was wiretapped by investigators under secret orders before and after the president ial election. Then afford a key figure in Robert Muellers investigation into russias meddling into the election. He does not collude with russia to influence the election. Equifax disclosing another major Security Breach this year saying it was hit by hackers back in march. Not clear how many people were affected by the attack after equifax recently announced a cyberattack that occurred from may to july and affected 141 million people. The company says the two attacks are not related. Equifax drop 32 from a month earlier. All of this during this attack. Politics has taken center stage at sunday nights emmy and apparently viewers were not amused. The unlike the presidency, and is go to the winner of the popular vote. In 2017 we still refuse i suppose i should say at long last coming or mr. President is your emmy. It could be done in history as the lowest rated ever after many celebs that much of the night attacking the president. Ratings down more than 2 from last years broadcast. The show is not paid new rating was for three straight years. People seem to be getting sick of this. Maria sean spicer joined the party with this one. Fed watch, all as to the Federal Reserve is that kicks off with twoday meeting preparing to unveil plans on its Balance Sheet. Who will talk about it. Jon hilsenrath for some ideas there. Fedex reporting earnings after the bell tonight. Well see how much Online Shopping is not the bottom line. They are back on the air. Stay with us. Some things are simply impossible to ignore. The strikingly designed lexus nx turbo and hybrid. Lease the 2017 nx turbo for 299 a month for 36 months. Experience amazing at your lexus dealer. The toothpaste that helps prevent bleeding gums. If you spit blood when you brush or floss you may have gum problems and could be on the journey to much worse. Help stop the journey. From the very beginning. It was always our singular focus. To do whatever it takes, use every possible resource. To fight cancer. And never lose sight of the patients were fighting for. Our Cancer Treatment specialists share the same vision. Experts from all over the world, working closely together to deliver truly personalized cancer care. And these are the specialists were proud to call our own. Expert medicine works here. Learn more at cancercenter. Com Appointments Available now. Maria happy tuesday, everybody, im maria bartiromo, it is tuesday september 19th, your top stories right now 6 30 a. M. On the east coast. Packing over a trillion dollars worth of tax cuts in it. The potential Economic Impact of this proposal coming up this morning. Global markets are fractionally moving this morning. Investors are waiting for the Federal Reserve decision. Federal bank expect today detail how it would unwind 4 and a quarter trillion dollar Balance Sheet. S p 500 also fractionally better on the session. In europe more of a mixed picture. Ftse a third of a percent. Cac quarante up a fraction while the dax index down a fraction. Nikkei average in japan almost 2 after a long Holiday Weekend there. A dreamer nightmare for nancy pelosi. Angry young immigrants shouting down the minority leader during a prodaca event. Yes, i am. You do not [shouting] you dont know what youre talking about. Maria why the proimmigration protestors tore into the congresswoman. We have the stories coming up. From the white house to wall street. Massive haul that obama is bringing in despite tough talk against bankers in office, hes taking their money now. Why the massive 66 agriculture takeover may not close till next year. Dialing up another iphone deal. How you can get the next generation of apple smartphone from free from sprint. All the deals you want to know about it. Senate republicans are considering writing a budget that creates room for 1. 5 billion tax cut over the next decade. Thats according to wall street journal this morning. Its unclear how big of a tax cut the Trump Administration will support and any plan would need support from at least 250 50 senators. Lets talk about this, Jon Hilsenrath, what do you think. Jon i think they will get behind on anything at this point. Maria he wants to cut taxes. Jon 1 and a half trillion dollar number still has to be negotiated. There are hawks in the senate and also in the house that want revenueneutral bill. What we learned from the story which i helped edit last night is we are talking about the party is moving toward something thats not going to be renew revenue neutral. What it means that some of the tax cuts that they might put into place may expire in ten years unless they are extended at some point down the road. Dagen this is an important fiscal marker because this is a sign, you can correct me if im wrong, if they can get on board with this, they could get some sort of tax cut, if you will. Maria i think they are going to get it. Our problem is messaging. Talking about tax cuts to a person who has his or her taxes taken out of a paycheck makes no sense because they dont see taxes. We need to talk about paycheck punching. We are going to punch up your paycheck, we will help you have empowerment as consumer. We focus on tax cuts which go right over the heads of most of america, we need to be talking about why reducing the Corporate Tax rate to 15 means when youre going to the store youre paying less in everything you buy. Maria why a passthrough, an llc could see 15 tax rate enabling to come all the way down to 40 and use that extra savings to actually invest in equipment and higher more workers. That resinates. Jon big question is how are the hawks, people like bob corker where we might have larger deficits in order to fund this. We have to see if they can get to that 50vote margin. Do they not understand, jon, when you lower taxes you end up with great level of income in i realize theres a breakthrough where it may not happen. 1 Economic Growth. You cannot survive and sustain, get the tax cuts down where people start hiring and you bring foreign capital back into the u. S. Thats parked overseas. Now you have a 4 growth that you fully Fund Social Security and medicare. Thats what we need to be talking about. Jon another one to have big issues that theyll be wrestling with, how did the scores in congress, the joint taxation committee, the cbo, store measures score measures out of this. Maria big debate and secretary Steven Mnuchin is they have their own scoring within the measuring and they are not married to the cbo scoring. This is one of the big sticking points which will tell us whether or not over ten years if we will see more revenue. I dont know jon its not the treasurys scores, its what you get from the joint tax committee. Maria well, im just saying, would they just say the cbo score is not relevant the way they felt it was relevant this time around . Look, i think the scoring things from a cbo its cooked numbers, its home cooking, many protect their jobs rather people out in the states. Theres an old saying, figures lie, liers figure. You have so many people that will make the number whatever you want it to be. Jon we saw with the health care debate, cbo scores matter because they shape the public debate. They make headlines maria should they be shaping all of this . I dont know jon you cant do it blind. You have to do it some sense of what the Economic Impact maria which is why treasury says they want to do it. Dagen they need to have some marker given the fact that its 20 trilliondollar in debt. 80 of growth in spending in the next decade, three things, social security, medicaremedicaid as one health care and interest on the the the national debt. If we go upper centage point we have an entire federal budget that get swamps by peoples Government Health care. Maria isnt the cassidy bill dagen it appears to be moving. Repeal is not dead. What it will do broadly speaking, governor, you can weigh in, it moves the burden of administrating the Affordable Care act or health care as Government Health care to the states. It gives the states. Bravo, thats where it belong. Theres no federal role in health care. Theres not one thing about federal health care, theres nothing. If you are going to do it, do it state level. The needs of health care in mississippi versus massachusetts are 180degrees apart. When you try to do a federal program that is supposed to fit all 50 states will be a dismal failure. They know what they need to be doing. Theyll do it more efficiently. Dagen the problem is there is federal health care and its single payer and its called medicare and its going broke in 20 years, theyll be able to pay 88 cents on the dollar in benefits and unfunded liability that largely will swamp the entire u. S. Economy if they dont fix it. So we do have Government People i want to government out of my health care. Well, every senior in america has the government in their health care and they love it. Maria and then theres obamacare. Jon we are talking about taxes but theres a spending problem that nobody talks about in washington, we want to rewrite tax code, who is going to address the spending problem in washington . Dagen hes giving me a topic sentence. Thats your new job. You gave me a topic sentence. Thank you for that. Maria its good news that we are talking about one and a half trillion dollar tax cut. It is god news that the cassidy bill is moving, that is approaching looking at entitlements. Then there is this, the dow high, the fed is going to be meeting today and tomorrow and we are widely expecting that the fed will detail, Jon Hilsenrath, how they are going to wind down the 4 and a quarter trillion quarter sheet. Jon they have been preparing that they will wind the Balance Sheet. The stock market is reaching new record highs when the fed is saying they will pull this stuff back. When they launch the program they call quantitative easing. A lot of people thought it was going to create all problems, inflation, bubbles and all of these problems. We didnt get super charge growth out of it, that is true, we did get lower Unemployment Rate and now they are pulling away from it and we are not seeing disasters that were predicted from the feds aggression. I think thats reason thats good news and its interesting that the journals editorial panel, im not a part of that, im part of the news page, was praising janet yellen. I think theres a good chance that she gets the job back that donald trump asked her to stay on. Maria reappointed. Jon yeah. Maria you dont see drama or market upset as they wind down this Balance Sheet. Remember the comments jamie diamn made. Markets have spoken. Jon they know this is coming, they expect it and they are prepared for it. Take all the federal money and put it in the stock market. We will pay off the debt. Its the only thing thats doing well. Dagen in the words of ronald reagan, stocks go up and stocks go down which is what he said after the 87 crash. Some bond managers dont think that this is going to send yields up or longerterm Interest Rates up because they think that the fed is not stimulating the economy like it was, it could send bond yields lower because the economy doesnt do as well and people go to safety. Theres a lot of discussion. I think that the risk that we have to worry about is that there could be a bubble down the road. You always talk and longtermbond yields look at bitcoin, stock prices getting too high, real estate is getting too high. Maria bitcoin is some story. , meanwhile president obama no longer wall street enemy, apparently. You may remember many times he lashed out against bankers like this. When i took office, we were in the midst of historic financial prices brought on by reckless speculation on wall street. At a certain point youve made enough money. Maria well, hes making the money now. He might be wall streets newest fat cat, obama spoke at the Carlisle Group in washington last week, its unclear how much he was paid for that. Last april he pocketed 400,000 at canter fitzgerald event. I dont care that he gets paid. I care that hes a hypocrite. Is he making too much money in. Maria who is the judge . Good for him. By the way, i will speak for a lot less than he will so im a bargain. Dagen and you play base too. Thats right, i entertain, i can play during the reception. Im truly frustrated that there is this hypocrisy and double standard that on one hand he just rails against wall street, but its like most politicians, as soon as they get a chance and hand is out and theyre putting in the bank. Maria i dont know, the hypocrisy i see that manafort was wired tap before and after the election, the Loretta Lynch stuff, call it a matter, not an investigation, the irs and yet no problem. Theres a double standard, isnt there . Credible double standard. Cnn laughed at donald trump for saying he had been wired tap. They are breaking the story as if this is big breaking news that, in fact, trump was right. They didnt put it that way. They did not say it. Maria comey tried to delegitimize the president s comments about wiretapping. Remember that one . Nancy pelosi gets shouted down. The House Minority leaders gets fired down against daca supporters. Sprint offers free iphone 8. Find out who can get the best deal . Stay with us this is not a cloud. This is a car protected from storms by an Insurance Company that knows the weather down to the square block. This is a diamond tracked on a blockchain protected against fraud, theft and trafficking. This is a financial Transaction Secure from hacks and threats others cant see. This is a patients medical history made secure while Still Available to their doctor at their fingertips. This is an asteroid livestreamed to millions of viewers from 220 miles above earth. This is ai trained by experts in 20 industries. Your industry. Hello. This is not the cloud you know. This is the ibm cloud. Built for your business. Designed for your data. Secure to the core. The ibm cloud is the cloud for enterprise. Yours. Im living that yacht life, life, life top speed fifty knots life on the caribbean seas its a champagne and models potpourri on my yacht made of cuban mahogany, gany, gany, gany watch this dont get mad bell mnemonic get e trade and get invested maria welcome back, markets are looking higher. The u. S. Markets are fractionally better with the dow industrial expected to open 20 points. European markets are mostly higher. A couple of names that we are watching on the move, massive takeover of monsanto, actually next year to actually close. The german drugs and pesticide maker, the deal was expected to wrap up by tend of the year but facing scrutiny by European Commission regulators over competition concerns. Iphone wars are heading up this morning. Sprint offering new deal, free iphone 8 for customers who trade in the 7, the 7 plus or new Samsung Galaxy s8. 18month lease for the phone, zero up front and zero dollars, sprint shares are down. A fastmoving wild fire hits dylan, colorado, Cheryl Casone with the details. Cheryl fire burning at least 21 acres since it started yesterday afternoon, it happened on tenderfoot mountain. They dont know what started the fire but taking you up to oregon rain brought much needed help for crews fighting wild fires there. Multiple evacuations have been lifted statewide right now. So we are watching that out west. Also this story we are watching for you, House Minority leader nancy pelosi interrupted by daca protestors in San Francisco yesterday. You are a liar cheryl protesters were angry because pelosi reached a deal with President Trump over that program to extend the Legal Protection of the young undocumented immigrants. Well, she in an half an hour she ended. Since you dont want to listen, we will just go. Allegations that the irs was giving tea parties scrutiny have resurfaced according to u. S. , federal lawsuit charges that the irs continued the practice even as they had stopped targeting Tea Party Groups in 2011. It was monitoring whether the groups were conducting more political activity than was actually allowed. Critics say that the agency was trying to slow down conservative fundraising to help president obama win reelection. And finally the latest earnings from fedex after the closing bell, they are expected to report higher results, investors listening to update on what the Company Expects for holiday shipping. They expect to raise shipping rates for some services. That announcement yesterday, we are also hearing from beth, bath beyond, the company struggling, mainly because they rely on sales at the brick and mortar stores. Its all about the amazon effect, maria. Maria in terms of the pelosi protestor event, they were mad that she made a deal with the president. She might end up some arrangement with the President Trump. They hit him so much. Its not almost, they hit him more than they love what theyre asking for. Its irrational. Jon this deal is supposed to make it easier for them to stay here illegally so you would think that they would be finding ways to support it. If he helps do it. I dont know jon he has to. They dont care. Jon he has to agree to it. Dagen these are individual who is read maybe a headline that they see on social media. They dont know the details of the conversation. They didnt look into it. They just see pelosi, schumer, trump and a headline and they lose their mind. Better education and a few spankings along the way. Im sorry, that will open up the hate mail. These kids never had discipline. They dont listen. Maria incredible. We will talk volleyball next, we will be right back wealth manage strategy the same way to create a Financial Plan built to last from generation to generation. Well listen. Well talk. Well plan. Baird. And lifes beautiful moments. Ns get between you flonase outperforms the 1 nondrowsy allergy pill. It helps block 6 key inflammatory substances that cause symptoms. Pills block one and 6 is greater than 1. Flonase changes everything. 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. Maria volleyball picking up steam this as usa vole finds contract with the Parent Company adidas, former fanatics jamie davis. Lets talk about that and why is volleyball so popular . Its the biggest deal we have ever done in the history of volleyball. Multiyear and multidollar and its one of the hottest growing brands in the apparel space. What they are bringing is activation. They are more than just giving us money, working with the youth and its been beneficial. Maria why did you choose adidas over nike or under armour. Adidas has been hot right now. The ceo i spoke with him 3 and a half ago, they are talking about making 3d sneakers. They have a momentum. More girls play volleyball than play soccer, than play basketball and we are continuing to grow. In the boys side of the game, secondgrowing sport. And so we wanted to be with a brand that was as hot we felt we were so that together we would be able to grow. Maria you used to play volleyball. Dagen fastpaced, completely dedicated team sport and you dont run the risk of getting injured as you would in other contact sports. To that point, if you want to set a body standard for women, look at the women who play beach volleyball. Thats the way you think about body image. Incredible athletes to watch. Dagen, phone is looking at the people who play beach volleyball, just so you know. Dagen i do. [laughter] maria volleyball is gaining so much popularity. More female High School Students played volleyball since basketball and since 2012 overall participation increased by 7 and you said it earlier, because youre not getting a concussion like you could in football. I dont know jon ive got two boys, its always a worry, they play football or lacrosse, as i was saying earlier, boys need to run into things. What are you doing to get boys to come out and play the sport when they really like to bang stuff . Maria you said its the second growing really whats happening because its nonexact, its athletic, though. Dont go out its not contact. You watch some of the surfs flying across the net at you, you will not injury yourself but hard athletic sport and those are strong athletes out there. Maria jamie davis, good to see you. Thank you. Maria we will be right back maria welcome back, good Tuesday Morning, thank you so much for joining us. Im maria bartiromo, happy tuesday to you. It is tuesday september 19th, top stories right now 7 00 a. M. On the east coast. The race to the finish for the agenda with the clock ticking on the legislative calendar, 12 days to go, republican lawmakers are making progress on both health care and taxes now in the final 11th hour, here is what chairman of ways and means committee. The best way of doing that is balance in the budget, two ways to do it, one, we will get Economic Growth from tax reform. Thats good. But we also have to get us in the special interest provisions, loopholes, exclusions so that we can lower the rates for everybody. Maria a closer look at the republican agenda coming up this morning. Plus President Trumps Foreign Policy focus. He will make debut address at the Un General Assembly this morning where he will push America First position. We will take you live. Hurricane maria now a category 5 storm and puerto rico has already declared a state of emergency. Global markets on edge this morning, they are mixed, actually as investors are waiting on the Federal Reserve, the central bank is expected to detail how it would unwind 4 and a quarter Balance Sheet. The dow industrials up 18 points, nasdaq, s p 500 are up a fraction. In asia overnight, theres the markets, cac quarante up a fraction. Dax index is flat, take a look at the asian markets where japan was standout, up 2 after long Holiday Weekend. The other majors were down fractionally. Former Trump Campaign manager Paul Manafort reportedly wired tap before the election and after the election as well as part of russia investigation. We are taking a look at legal fallout. Why the Obama Administration was wiretapping before the election and election. The pair of jeans doing viral. Despite what they are looking like, they are sold out. [laughter] maria all the stories coming up this morning and joining me to talk about it dagen mcdowell, the wall street journal Global Economics editor Jon Hilsenrath and former republican president ial candidate and arkansas governor Mike Huckabee. Jon theres a strange jeans obsession. Remember we had ones that were the seethrough jeans, plastic windows on them and the really beat up jeans that came with dirt all over them. This actually might be the worst of them all. Maria they dont do it for me. I dont know. Dagen we like talking about fashion, jon, come on. Jon maybe thats where you lose me. Dagen you get to hit the ball with your bear hands, nothing for satisfying than that. Slapping and the sound and you get the smack the ball and spike it right at somebodys head. Jon im all for that. For a boy it only works if you smash somebody in the head. Dagen i disagree. Maria in addition to volleyball commentary, fox Senior Analyst judge Andrew Napolitano coming uptaking a look at Paul Manafort being wiretapped. Former u. S. Embassador John Negroponte is here and chief brand strategists Kathy Ireland. Do stay with us. We are talking Small Business there. First we kick it off with top stories, fresh momentum for gop agenda including health care and tax reform. Top republicans are expressing optimism about new effort to repeal president obama Signature Health care law. Bills from Lindsey Graham and bill cassidy will replace much of the obamacare legislation with block grants to states getting them widely way to spend the money. The Congressional Budget Office says it will not have crucial estimates ready for several weeks than the chambers ability to pass the measure through simple majority vote expires after next week. Joining us right now with more as republican National Committee chairwoman ronna mcdaniel. Thank you for joining us. Thanks for having me, always great to be here. Maria characterize the bill, does it have legs . It does have legs. I think the idea of block granting the money to the states makes a lot of sense. They have the opportunity to within their own demographics, within their own unsured to make the best plan possible and other states can copy states that are getting it right and doing it well w. I think it makes a lot of sense. Its going to go to committee. Obviously the cbo is important. Their scoring, Bernie Sanders singlepayer monstrosity, hopefully they can get it out. The thing thats most attractive that blue states get to do a blue solution, red states do a red solution and we find out which one works and we bike pick the best one. A most practical approach to Health Care Reform i have seen. Its what governors have been begging for for the last 25 years, i dont know why this thing is not on fire and on its way to put passage. I agree with you. This is something that works for everyone and to bring it to state level, the tenth amendment, the wonderful tenth amendment that we have in the country, its hard to find a onesizefitsall health care. And so to give it to the governors to let them work within their budget, to let them work within their population and to make the best plan possible and they copy each other and they say, this is working in mitch again, lets cop that copy that here in arkansas. Lets remember obamacare is failing at a rapid cliff. In 2018 we will have so many people uninsured, premiums are continuing to double and americans are hurting and seeking relief. Its time for republicans and democrats to come forward and put forward a solution. Jon ronna as you mention and we mention, time is running short in order to get this through the congress now it has to be done by tend of the month because of the budget reconciliation process, if it doesnt happen by the end of september, whats the strategy and is this Lindsey Graham proposal thats out there right now potentially the basis for republicans and democrats to Work Together in 2018 . Yeah, obviously, we are working against the clock with september 30th deadline and the reconciliation that allows us to do with that 51 vote threshold. I hope that democrats and republicans can come together. Listen, democrats pushed obamacare through. They didnt do it in a bipartisan way. They didnt work across the aisle with republicans. I think thats one of the flaws with obamacare, it wasnt done in a bipartisan way. To come together to find a solution for the millions of americans that are truly suffering, i see it every day. When i go home to michigan, i run into people that say our premiums have doubled, can we pay rent or health care, it is frightening for people, we have to find a solution. Dagen graham and cassidy say they can get close to 50 votes but 50 doesnt count. Rand paul is a hard no, susan collins, Lisa Murkowski and john mccain voiced skepticism. It doesnt look like a go. Not to shoot it down its unlikely that it moves. Maria are the votes there, ronna . The Senate Luncheon is today. I will see secretary and i think they will have a robust discussion. From a party chair perspective, this is something that we ran on, this is something republicans have been running on, its something our grassroots expects from us and its going to be hard in 2018 to go look voters in the eye and say we didnt deliver on the signature promise that we ran on. So its imperative that we put our best foot forward. We know democrats have not been helping on the issue, the issue that they created, but it is republicans that have the leadership right now and we need to show that we can get this done. Maria isnt that what was the sticking point. It was republicans that basically got in the way of victory. When you look at the party, i mean, yeah, you ran on it, but are you united . Well, you know, it did pass the house and we did get to 49 in the senate, we needed the one more vote. So we do have we do have work to do. Our margins are slim in the senate. Im looking at 2018 already. We have huge opportunities to pick up seats. I think the voters need to recognize how slim those margins are. It would be nice if democrats would come over and help find a solution to something that they put in place instead of running and hiding and it looks like we might get some bipartisan support with fixing this flawed, flawed obamacare that is hurting so many people across the country. Maria let me move on to the un, the president set to deliver first address to the assembly this morning, expected to outline America First speech and call out countries like north korea, iran. What are you expecting the president to say and how might it impact the room there . Well, President Trump has established himself as a global leader. We had eight years of leadership under barack obama, we are seeing the fruits of that with the rise in north korea, with them having icbms and potential Nuclear Weapons, we have seen iran ignore the iran deal that they put forward because of the weak leadership under president obama. President trump has come to the un to say we have a different leader in the United States of america and we need our partners across the world and our global communities to help us fight what we see happening in north korea and in iran and we need to Work Together because the threat that they are posing to the world is something that we are going to have to face as a global community. Maria meanwhile we have to get to this because Hillary Clinton now is saying that she will not rule out questioning the legitimacy of the 2016 election if new information surfaces that russia interfered more deeply than already known. Your thoughts on what Hillary Clinton is saying now . Every time i see Hillary Clinton out there it reinforces why she lost. She continues to make the election about her. Its always about her instead of the American People. A true leader, somebody who ran for president , who understands the greatness of this nation would be stepping aside and saying, you know what, we need to come together and support this president and instead shes still continuing to try and delegitimize this election where President Trump won overwhelming with an Electoral College victory in my state of michigan. We did a recount, she was not gaining traction. So its time for her to gracefully bow out and say i lost fair and scare and we need to support our president , President Trump because our country is more important than any one individual. Ronna, why dont you have a great bike big banquet in washington. Get the heck home and be quiet about it. I think you can raise a gazillion dollars if you have the banquet. I love it. Will you host it with me, governor . Maria thank you ronna mcdaniel. We will take you live to the coverage of President Trumps speech at the United Nations. It happened at 10 30 a. M. Eastern. I am going to take you to the un live to hear the president. First up trouble for toysrus, filing bankruptcy protection just ahead the most important poll day season for the company all year. We will tell you what went wrong and spot Miriam Webster dictionary. Bro yo. Listen up, heart disease. You too, unnecessary er visits. And hey, unmanaged depression, dont get too comfortable. Were talking to you, cost inefficiencies, and data without insights. And fragmented care, stop getting in the way of patient recovery and pay attention. Every single one of you is on our list. At optum, were partnering across the Health System to tackle its biggest challenges. If you have bad breath and your mouth lacks moisture, at optum, were partnering across the Health System you may suffer from dry mouth. Try biotene®, the 1 dentist recommended dry mouth brand. Its the only leading brand clinically proven to soothe, moisturize, and freshen breath. Try biotene®. If only the signs were as obvious when you trade. Fidelitys active trader pro can help you find smarter entry and exit points and can help protect your potential profits. Fidelity where smarter investors will always be. Maria welcome back, Hurricane Maria headed toward puerto rico now after ripping through dominica, cheryl with the details. Cheryl the storm slamming dominica, the Prime Minister of the island nation saying that he was finally rescued from his damaged home. During the storm he posted on facebook page, quote, the winds are mercyless. We shall survive. Puerto rico, nation on high alert. If maria keeps strength strongest hurricane to hit in 85 years. Well, toysrus filing for bankruptcy ahead of key Holiday Shopping season, this coming as the Company Struggles with heavy debt load and competition from amazon and walmart. Toysrus plans to close some stores and expects most will be open for holiday this year. College Professor Mike tweeted that students were future dead cops has been suspended from job. In interview on fox business kennedy battled over antipolice and proviolent views, watch. The police serve the weapons industry and the prison industry and have to criminalized the entire population. Okay, i dont think you have the interest in the American People because i think you have lived in a bubble for so long. You dont actually know people. You dont have any rational im talking to the people because you wouldnt be good at it. Cheryl the rest of the interview was basically like that. Its a mustwatch if you want to watch it online. Maintained stance on proviolence throughout the interview. He believes he would get his job back at john jay college. We shall see. 189yearold merriamwebster dictionary added 250 new words, some of the additions froyo, frozen yogurt. Troll, harass, criticize somebody online and siracha. Its gotten really popular recently because you can put it on anything and its good. These are headlines. Maria im only questioning froyo. Do we need a quicker way to say frozen yogurt. Cheryl we have add, yeah. Maria wiretapped Paul Manafort before and after the 2016 election, we will speak with judge Andrew Napolitano about the legal implications on that. How the retail giant makes real money without needing customers to stop at stores anyway, straight ahead, back in a minute why should over two hundred years of citi history matter to you . Well, because it tells us something powerful about progress that whether times are good or bad, people and their ideas will continue to move the world forward. As long as they have someone to believe in them. Citi financed the transatlantic cable that connected continents. And the panama canal, that made our world a smaller place. We backed the Marshall Plan that helped europe regain its strength. And pioneered the atm, for cash, anytime. For over two centuries weve supported dreams like these. And the people and companies behind them. So why should that matter to you . Because, today, we are still helping progress makers turn their ideas into reality. And the next great idea could be yours. So what else is new . Humm. Shes doing good. She needs more care though. She wants to stay in her house. I dont know even where to start with that. First, lets take a look at your Financial Plan and see what we can do. Ok, so weve got. Well listen. Well talk. Well plan. Baird. [he has a new business teaching lessons. Rodney wanted to know how his business was doing. So he got quickbooks. It organizes all his accounts, so he can see his bottom line. Ahhh. Thats a profit. Know where you stand instantly. Visit quickbooksdotcom. 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. Maria welcome back, explosive new details this morning on the investigation into Paul Manafort. The fbi reportedly wiretapped the former chairman according to cnn. Bureau got permission to monitor manafort in 2014, continued wiretapping through early part of this year. Manafort faced scrutiny over lobbying efforts but denies any kind of colluding to influence the election. Joining us right now fox senior judicial analyst judge Andrew Napolitano. What does this wiretap mean in terms of what the Obama Administration had done . It means that Paul Manafort will probably be indicted on manager having not to do with donald trump or the campaign. Failure to report compensation, failure to register as Foreign Agent while he was while he was lobbying for or working for and receiving money from a foreign government. The reason i come to that conclusion is their original solicitation of documents from Paul Manafort was looking for evidence of compensation before working for donald trump, but theres a lot f oh other of other issues here. One is the president s allegation that he was being wires were being tapped. His words, the terminology he chose, while he was in trump tower are more likely than not to be true. Some of us have been arguing for a while. Second, we dont know what kind of a wiretap this is. If this is a fisa court authorized wiretap because they told the fisa court that manafort was dealing with foreign powers and they needed to know what the foreign powers were saying to him, they could not be used against him. On the other hand, if it is regular article 3, where the fbi goes to the judge in private, i received many of these on the bench, here is the probable cause that we believe this person is committing a crime, we need to dig a little deeper and evidence of criminality comes from that kind of a wiretap, that can be used against him. But that raises the following specter, jim comey while director of fbi next to mike rogers, head of nsa, both under oath told the Senate Intelligence committee we know of no wiretaps in trump tower. Maria right. They tried to discredit the president. Correct. How could jim comey not know of it if his own fbi had obtained it and went back to 2014, was dropped for a few months and picked up against in 2015 when donald trump announced he was running for president. Maria so did he lie under oath . The facts as they came out this morning are inconsistent with what he told the senate jon was manafort in trump tower particularly in 2014 when they started and trump wasnt even seen as a serious candidate at that point. Well, it makes you wonder if this was an intelligencestyle wartap to which valerie had access, were they doing so so they could tell mrs. Clinton what donald was going to do in the campaign, that, of course, would be a very serious felony or was this a legitimate Law Enforcement pursuit of evidence of criminal behavior on Paul Manafort. We dont know the understand. Like a lot of the stories, they raise more questions than they answer. Judge, it would seem to me that the one take away for every viewer watching, forget about Paul Manafort and forget about Jared Kushner and all these people, what this reminds us is, if the government wants to get us, they will find a way, they have unlimited resources to attack people who are citizens of the United States and if they cant find what they are looking for, they will find something that has nothing to do with it, even if they lose and the citizen wins, they lose because it bankrupted. I couldnt agree with you more, there are 4,000, if they want to get you for something that will. During the break you were telling how it happened to a friend of yours. They can do that. Bob mueller is under pressure to do something because the longer he takes in this investigation the more it looks like a fishing expedition. He wants some action. He wants some indictment and wants the person to Start Talking to him. Who is the crosshairs, the president of the United States. Dagen anybody associated with him, past, present and future. They are catchalls. Yes. We will never know the money he spent and the nature and how deep he dug until all this is over with. Jon the idea that these investigations can get out of control and that he needs to be to be focused. Im sure he gets it. Im a fan of bob mueller, im not a fan of techniques but regrettably they are lawful and a lot of prosecutors do this. Maria is this the department of justice going to look at this or Jeff Sessions recuse himself . Jeff sessions has already rescued himself. The department of justice is virtually being run by rod rosenstein. Rod rosenstein is directing the fbi agents on breaking doors at 5 30 in the morning. Maria why . Well documented on this one. We wont repeat the language has reputed to have used. The attorney general has taken hands off of anything having to do with this. Maria all right, we will leave it there. The president didnt want to hear that but its true. Maria judge Andrew Napolitano there. Coming up a 3. 6 magnitude earthquake hits los angeles. Details next. I will look at documentary. First lookot at fox news. Next. Of gum disease. Try parodontax toothpaste. I needed something more to help control my type 2 diabetes. My a1c wasnt were it needed to be. So i liked when my doctor told me that i may reach my blood sugar and a1c goals by activating whats within me with onceweekly trulicity. Trulicity is not insulin. It helps activate my body to do what its suppose to do, release its own insulin. I take it once a week, and it works 24 7. It comes in an easytouse pen and i may even lose a little weight. Trulicity is a onceweekly injectable prescription medicine to improve blood sugar in adults with type 2 diabetes when used with diet and exercise. Trulicity is not insulin. It should not be the first medicine to treat diabetes, or for people with type 1 diabetes or diabetic ketoacidosis. Do not take trulicity if you or a Family Member has had medullary thyroid cancer, if youve had multiple endocrine neoplasia syndrome type 2, or if you are allergic to trulicity. Stop trulicity and call your doctor right away if you have a lump or swelling in your neck, severe pain in your stomach, or symptoms such as itching, rash, or trouble breathing. Serious side effects may include pancreatitis, which can be fatal. Taking trulicity with a sulfonylurea or insulin, increases your risk for low blood sugar. Common side effects include nausea, diarrhea, vomiting, decreased appetite and indigestion. Some side effects can lead to dehydration, which may make existing kidney problems worse. Onceweekly trulicity may help me reach my blood sugar goals. With trulicity, i click to activate whats within me. If you want help improving your a1c and blood sugar, activate your within. Ask your doctor about onceweekly trulicity. Maria welcome back. Good Tuesday Morning thanks for joining us. Im maria bartiromo. It is tuesday, september 19, your top stories right now 7 30 ap on the east coast. Make u. N. Great President Trump prepares to address World Leaders in his United Nations debut, this morning. In a few hours. We commend the secretarygeneral. And his call for the United Nations to focus more on people and less on bureaucracy we pledge to be partners in your work and i am confident that if we Work Together, and truly bold reforms the United Nations will emerge as a stronger more effective more just and greater force for peace and harmony in the world. President trump just tweeting this out about the speech saying big day at United Nations, many good things and tricky ones happening, we have a great team, big speech, this morning, from America First agenda to rising threats from north korea president is expected to cover a lot of ground full coverage 10 30 a. M. Eastern this morning a streak of effort Hurricane Maria, coming up. Warehouse shopping costco more like a gym than you think not just because it helps i bulk up jump man brand kicked air jordans from the perch and shaken sneaker worbled weve got it for you leaving hilarious reaction on line to a fake news story about end of the Peanut Butter couples the strange fashion statement taking internet by storm investors awaiting Federal Reserve decision looking at gains the markets expected to open up 16 points on the dow Federal Reserve expected to detail how it will unwind four and quarter trilliondollar Balance Sheet that explanation tomorrow. As fed kicks two ofday meeting today look at european indices where we are seeing pretty good firmer situation, this is the highs of the mornings ft 100 up a third of a percent cac quarante up a fraction dax fractionally lower in asia overnight mixed market japan standout nikkei average up 2 , overnight, top story this hour, revisiting the viet nam for more than 10 years film maker ken burns and partner novak worked to tell comprehensive story of the vietnam war from the politics, to the protests, from the perspective of the people who lived through it watch. What we do with civilization we learn to inhibitrope in aggressive tends tendencies we have to recognize them i worry about a whole country that doesnt recognize it think of how many times we get in scrapes as nation because we are always the good guys. Sometimes i think if we thought we arent always good guys we might actually get in less wars. First of 10 part 18 hour documentary aired sunday on pbs behind scenes first interview ken burns congratulations. Thank you so much. Response was less than great first couple episodes. Incredible, documentary, why was this so important to you . You know i think we are finishing a twim on world war ii in twovn just looked ahead, rode map of history could see most important event after the Second World War for americans vietnam war Unfinished Business we have not unpacked what happened when we talk about it we tend to talk only about ourselves, so we think of vietnam in interviewed north vietnamese soldiers, civilians, viet cong to complement more than a 6 360 point we wanted to show this so that everybody felt that their own views and perspectives could be honored in this, so you know, a good deal of the divisions the hyper partisanship born in vietnam we may be able to pull out some fuel rods. What did you learn you are right, this war tugs at our hearts, seems to be debated epic undertakinging for you 10 years. Every day something new i lived through it a high draft number i thought i know everything about vietnam i knew nothing about it basic assumption upside down by learning stuff declassified materials to put together a daem the rest of the country would trust particularly in hypopartisan things we got under wry bank of america involved with us 10 years, just said go at it i said this is very controversial they said do it being a better perspective, help us understand, ourselves and help us be better connected to each other, so that is the movieiama partnership they signed up for next 10 years to every corner splil spectrum support from left, right, center so we can say here just interested in faction novak and i didnt have a political agenda did not have ax to grind umpires calling balls and strikes the way we have been. That is what people want in this environment. Right now particularly, about this particular singling which is so people in hardened silos if even talking about vietnam actually certain, and you know judge learned handed says liberty never being too sure you are right a good way to be a film maker you test and test again, retest. But also good for the public to realize that sometimes we find ourselves, absolutely certain of our beliefs and we find it hard to listen to the other we try to create a space possible to listen to the other hopefully get vietnam by reason of theed us not just thank you for service end of a statement dont talk to me nightmare but welcome home what can we do for you then you can hear in north vietnamese soldiers viet cong sound like marines army guys i want to talk to former enemies the guys down there, in those ambushes, the brawls, as soldiers called it that took place in that war. You learned a lot just along the way. You know, courage, maria is not just in the battlefield sometimes it is a decision not to go, what we tried to do is respect that understand, that, you know, by the end of this war well more than majority of americans were opposed to it what was that about how do you understand the strength and mistakes and weaknesses, of the Antiwar Movement with what is going on policy point of view going on from gold star mother, gold star mother does not have to tell us about worse moment of her life, but doing so gives film makers a gift we carry for 10 years, and much more important gift to the American People, because lots of families struggle with grief lots of with loss not just war out other places she can help you get through you tough times. Particularly at a moment in time where there was all this antiwar sentiment out there an incredible moment. There a o we started 10 years ago fet vietnam resonated in the prethis is mass demonstrations against Current Administration white house in disarray obsessed with leaks big document drops stolen classified material, into the public s sphere president certain press lying about him making up stories about asymmetrical warfare accusations Political Campaign reached out during name of National Election to foreign country to influence that, so once said history doesnt repeat its but when you watch vietnam war lots of lies you have to understand we finished before iowa cautions editorial part not putting thumb on saying a lot like today but all good history says human nature is thing boy is it a lot like today you. Interesting so you do make some connections. We dont make any connections ourselves, the viewer is going to make connections, about it but that is the gift of history why would is we study the past if it helps us understand our present what is most while doing this. Everything i think intimacy of battle a horrible, horrible war because most american engagements sending out patrol to be ambushed like can you sayter ho chi minh we assumed was leer of the north tfrz he was sharing power with hardliners politically bureaus marginalizeing them, a figure to people in the world like waking up not knowing who enemy is johnson never heard his name until 166, guy actually running things more or less since 1959 so almost everything you think you know believe me i have been through thank you human millation not true in reaching that we could start to repack, what happened and share with country, regardless of where you are from or what you believe, the story of the vietnam war to just repeat, is the most important event in American History since Second World War ii if we want to understand now we have to understand about them. Love your work, throughout your work tell people where to catch the vietnam war tonight what else are you working on after this . Finally huge we are also a juggle lots of projects doing baef of hemingway mohamed ali, twothirds of a way ending a massive series on history of Country Music because bank of america signed up for next decade plotting out things bn mefrn revolution history winston which you havech bill lbj baef Benjamin Franklin if i were given 1,000 years to life i would not run out of ideas for our extraordinary country, public broadcasting we got support of foundations government agency, of individuals, from the Better Angels Society group of people across spectrum support our worm also corporations, and the bank america. Thank you. It is an important film catch part three vietnam war tonight pbs 8 km eastern 8 pm eastern. Reeses Peanut Butter cups skontdz what . The reaction to the host next. Denim with jeans the price tag for sold out pants straight ahead back in a moment. Hey hun, huh we gotta go. Come on. Grandma grandpa thanks mom. Here we are. Look, right up to here. Principal. We can help you plan for that. To f. Nerve pain shoots and burns its way into your day. I hear you. When that pain makes simple errands simply unbearable. I hear you. I hear you because my dad struggled with this pain. Make sure your doctor hears you too. So folks, dont wait. Step on up. And talk to your doctor. Because you have places to go. And people who cant wait for you to get there. If you have diabetes and burning, shooting pain in your feet or hands. Step on up and talk to your doctor today. For tech advice. Dell Small Business advisor with one phone call, i get products that suit my needs and i get back to business. Maria welcome back earthquake has struck los angeles the story now. Cheryl so you know so nightfall obviously in california but at this point Officials Say 3. 6 quick wont cause serious damage we should see when sun comes up struck four miles northwest of westwood, 11 20 pm local time, no reports of damage or casualties but, again, we are looking for updates as sun comes up in california. Most costco members apparently dont shop that much at costco usa reporting it operates like a gym sell memberships many wont come in makes 75 profits from membership fees the remaining from best loyal customers has not been great year for shareholders up over 1 for 2017. If you want the hersheys reeses Peanut Butter cup xaum down reports of discontinuing is not real, article from breaking news 365 caused panic on social media, hershey officials announced at press conference production of this would be stopping in october, but even though article hershey says it is fake news, there is stuff here to date check out double ds created by London Fashion house brand they have got extra waistband to basically two payers of jeans layered over each other 700 bucks a pair get this, they are sold out the. Online. Because like, you know, i wanted a pair. We need more around that part of our body narrow. Get to breaking news, post holdings to acquire bob evans 1 2 billion dollars another deal to talk about Jon Hilsenrath we know from aerospace with Northrop Grumman we see that more competitive. This is part of a broader game that were seeing across industries of big compensation getting bigger bigger there is debate in economics whether that is good for the economy good for workers good for consumers or not when Companies Get too much market power, we see things like controlling prices, making it harder for competitors to come in with their own products. Overlap means job cuts. Well, you know, i cant get over that jeans story, im sorry, still stuck on that, because thinking there is really sick people in america think those are going to be great. Isnt that a play on wearing always i think the thing you missed were the plastic see through jeans. I never got there. This is an improvement over people that wear jeans halfway down to their knee. We did a story i have to a story a few years ago about these kids who wear pants really low, and that chased by Police Officer this came out of a conversation i had at thanksgiving with a friend who was a Police Officer the kids pants falling down getting arrested came up with a dozen examples of kids who couldnt reason i away when got in trouble because pants were at a falling down you would think that would be enough to apply a belt. I never understood that look. Shill around. Adid az living a up against competition surpassed air jordan check out sneakers, back in a minute. Dont let dust and allergens get between you and lifes beautiful moments. Switch to flonase allergy relief. Flonase outperforms the 1 nondrowsy allergy pill. When we breathe in allergens, our bodies react by overproducing 6 key inflammatory substances that cause our symptoms. Flonase helps block 6. Most allergy pills only block one and 6 is greater than 1. With more complete relief you can enjoy every beautiful moment to the fullest. Flonase. 6 is greater than 1 changes everything. You each drive a ford all yes. Ght . Im going to show you a next generation pickup. Awesome. Lets do this. The bed is made of highstrength steel, which is less susceptible to punctures than aluminum. Stronger the better. And best of all, this new truck is actually all laughing oh my. The current chevy silverado. Current chevy owners and lessees get a total value of tenthousand, six hundred dollars. Or, 0 financing for 72 months on this silverado all star. Find new roads at your local chevy dealer. Maria welcome back nfl week two in the books a lot of grumpy fans in new york this morning for sure, jared max what the reasons why. Good morning. Good morning, maria. New york giants fans got a pleasant surprise turned into a world of disappointment giants made his debut despite insinuating, would keep him out longer made four catches for giants jones one catch for liance 27 yard touchdown from stafford a pair, jamale goes 88 yards on punt return detroit 24, giants 10, detroit 2 and 0 first time the giants started a season 0 and 2 losing both team is by at least two touchdowns head coach o bothered by clock management ofman. Sloppy quarterback play quarterback and center on same page need to get the softball snap i got to find ways, to play better more completions 3rd down that is a quarterbacks job he has to find ways, to move the offense, and move balls, and score touchdowns were not doing that enough. Nfl ratings declined 8 last year team values increased by 8 according to forbes, has released annual list of nfl team values, tops on list for the 11thier America Team Dallas cowboys not onlying lead nfl, but sports franchises around the world cowboys valued by 4. 8 billion dollars, that is closest more than a billion behind defending super bowl champion patriots, giants redskins 49 others first time all in top fooifr valued above three billion on average nfl franchise worth 2. 52 billion Buffalo Bills the bottom of the list, the acronym adidas sands for all day i dream about sneakers. Adidas overtaking air jordan brand as a number two selling sneaker in the United States. Now four years ago, abe died as owned only 4 of the market this year 11. 3 , according to market detracter, mpd, nike stole number one market share yeartoyear dropped 2 , for the first 8 months of the year adidas increased by 6. 6 some Credit Partnership with ken kanye west. Interesting shifts so much what is next product adidas has sneakers i wear them all the time so popular so not like new product that is up they still have the brands that have been the crown. Youels a long time. Huge jump in short period of time for adidas stock soaring as well. What did they do . Kanye west partnership a line of sneakers i think maybe everything i read news that adid as is doing may be a jump nike pretty much steady as far as with their numbers, and air jordan brand, as well he owned by nike, adidas. I got to ask 3billiondollar market value for the new york giants can you get a le tackle eli hammere by lions dont look very good nfl values talk about a jump five years ago cowboys only team valued at two billion dollars, now 27 out of 32 nfl teams at least valued at two billion dollars, usually it is new stadiums ren ovation make a difference. Got away from you. I am curious you viewership attendance down dramatically what is going on images from los angeles a friend of mine sent a picture the other day from chargers game a soccer stadium cant sell out. Maybe politics, jared thank you. Sports reports fox news 247 siriusxm 115 we will be right back right here. You always pay 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 . For drivers with accident forgiveness, Liberty Mutual wont raise your rates due to your first accident. Liberty mutual insurance. And her new mobile wedding business. Tte at first, getting paid was tough. Until she got quickbooks. Now she sends invoices, sees when theyve been viewed andtadahpaid twice as fast for free. Visit quickbooksdotcom. Maria welcome back. Good Tuesday Morning. Thanks so much is for joining us. Im maria bartiromo, it is tuesday, september 19, top stories right now 8 00 a. M. On the east coast, President Trump makes his United Nations debut this morning, he will give his major address before World Leaders later this morning 10 00 a. M. Eastern, tweeted about it earlier here is what he said, big day at United Nations, many good things some tricky ones happening we have a great team, big speech, 10 00 a. M. , here will be promoting America First agenda, and yesterday, he applauded efforts u. N. Making on reform. In recent years United Nations has not reached its full potential because of the bureaucracy and mismanagement i am confident if we Work Together, and champion truly bold reforms, the United Nations will he emerge as a stronger more focus more just and greater force for peace and harmony in the world. More on what to expect from president s address this morning, Hurricane Maria in caribbean category five storm making landfall on dominica Virgin Islands puerto rico delays are a state of emergency, markets fractionally higher investors eye waiting Federal Reserve decision central bank expected to detail how it will unwind 4 and quarter trilliondollar Balance Sheet what we expect tomorrow when we get the update from the fed after this twoday meeting, kicked off today, futures a fractionally better opening for the broader averages in europe similar indices up ft 100 up 16 points 31 points rather, on the ft 100 half a percent higher cac quarante fractionally better and dax index as you see there around break even down this morning, in asia overnight, markets mixed to me nae in japan standout after a hilled weekend markets up 2 on the nikkei average. Another deal to report post holding acquiring bop evans one and one half billion dollars, up 39 as you can see, yeartodate a massive manhunt in mississippi this morning, two prisoners escaped one a convicted murderer the latest on search this morning, President Trump former Campaign Chairman Paul Manafort reportedly under surveillance authorities securing a warrant in secret, and wiretapping started well before the election, and went on after the election, as well. In 2016. Paul manafort wire capped before and after the election. A major flight sale up jetblue to tell you about details on tickets that you can score for 39 dollars. All those coming up this morning joining me to talk about it Fox Business Network dagen mcdowell, the wall street journal Global Economics editor Jon Hilsenrath former rep president ial ked former arkansas governor Mike Huckabee here good to see you. Thank you very much. Good couple hours big newsday. Dagen so much to cover from the u. N. To what is going on in washington, and not just it is potential repeal and replace on obamacare plus, the the wall street journal frontpage story about 1 2 trillion dollars in tax cuts in the budget at least based on the Senate Republicans. They got to agree on budget before they cut taxes looks like this is where this is leading. It yes, it looks like they are going to do at least a trillion dollars, of cuts which is going to be Something Else fort economy. We will talk about that joining the conversation this morning, Kathy Ireland worldwide cetch level brands chairman Kathy Ireland here talking about her Small Business how she sar starting varn swrarn host Stuart Varney on deck we kick off with president a few hours away, from first address to the United Nations General Assembly happens at 10 00 a. M. Campaigning candidate trump had been a huge critic about of the body accusing member nations a lot of talk little action yesterday at u. N. President trump seemed to reiterate the need for change. We encourage all Member States to look at ways to take bold stands at United Nations with an eye toward changing business as usual and not being beholden to ways of the past. Which were not working. Maria joining us to talk about thataway in u. S. Ambassador to u. N. Former ambassador, to u. N. Honduras mexico philippines John Negroponte with us. And iraq. Iraq in some cases more thank you for weighing in, on this important day, what are you expecting from president today give us a sense of background. Well yes i was here 15 years ago when george w. Bush gave his speech foreshadowing some actions in iraq seminole talk on iraq before United Nations, let me say i take greet encouragement from what he said yesterday sounds to me like he wants to make u. N. A going concern he didnt trash it didnt diss it talking about make it better i thought very positive thing given what he said in campaign this is not a Decision Making meeting, general debate week it is where the president outlines miss main ideas about Foreign Policy i expect him to talk perhaps foremost about north korea and situation there, and making the point that this is a problem for the International Community as a whole not just a problem of the United States, and of koreas make, by the way, they invaded south korea in june 1950 with backing from russia and china so those kinds bear a certain responsibility for klein trying to help fix this i think going to highlight those points talk surely, about iran. And even though technically in compliance, or may be technically in compliance with joint Cooperation Agreement they are still misbehaving, fomenting trouble in sir, in yemen and so forth so i am sure going to is that will that. Probably talk about syria as he did yesterday he will talk about une reform but sounds to me like he plans to do it in a rat in a positive context you can use it at times when it serves your purpose last he talked as if u. N. Itself is like an institution. He is referring to the secretariat u. N. Is what members make it when cooperation between great powers much more can get done than when great differences. Governor. I am curious, he has been very critical, but i think a lot of his criticism may have been justified u. N. Has attacked nations like israel, with which have much better view and record on human rights, than north korea than saudis then so many countries that are sitting on the Human Alliance council dont you think a great opportunity to see reform. I should have mentioned israel he will definitely say about ilz defend it as a main democracy one of the main jobs u. S. Representative always seems to have to fend off an antiisrael resolutions in Security Council as well i think going to be important thing, and our support for democracy. Can we talk about north korea for a second what are the chances that that the president can get china i mentioned china, and russia, to work with us to address this problem, and where do you see this problem going . What are the the next steps in this drama between u. S. And north korea . Right, i mean a huge conundrum for what 25 years, weve got fits and starts two steps forward one step back all along they kept dwaepg this nuclear and this capability better off than they have been in terms of their own military development. The real problem has been that seoul, korea is a hostage if any conflict breaking out south korea bombarded by conventional artillery from where north a great risk the military options are limited i saw today where general mattis hinted yesterday we might have some options that would would i retaliatory action against south korea by north, but i am not sure i know when a those are we have to wait and see. But a difficult situation. It is not in chinas interest seems to me for north korea to have Nuclear Weapons nor is it in russias they are both neighbors, i think the president has got to keep jawboning them, to try to join with us, to increase the pressure on the north, sanctions so far even though they have been increased dont seem to be enough yet to make kim jongun change behavior. He has to hurt more. Did do you think we should be doing more on sanctions against chane should president ramp it up against chane. I wouldnt look i think that is a very delicate matt, because you want cooperation you dont want to make them mad, so i think it is more a question of getting them to put more pressure on north korea, as well as the russians both have influence in that country but that is not xaj rate they told us how did i they are they are not easy believe me. Thank you, so much for weighing in ambassador. Stay with us on Fox Business Network live to the coverage of President Trumps speech at United Nations 10 30 a. M. Eastern we go to u. N. Live when president begins back on Capitol Hill Senate republicans considering a budget that would allow for a one and one half trilliondollar tax cut next decade according to the wall street journal this morning blake burman live on capitol hill with that at gop agenda blake good morning to you. Reporter good morning to you you are exactly right that figure 1. 5 trillion dollars, the the wall street journal is reporting this morning, that is the number that Senate Republicans are looking to carve out, from the budget, for possible tax cuts a few things to point out here, though, with that figure, that leaves open the possibility that maybe tax reform would not be revenue neutral meaning would expire after 10 years, but this is also a highly process to receive 51 votes for all talk of bipartisanship, there needs to be a budget passed by senate, passed by house, that is just one phase keep in mind as well next week we are expected to get the actual tax details from the big fix that a whole different debate on that end here on capitol hill, there is a last so he can rival a hail mary to tackle Health Care Reform in the bill would get rid of obamacare taxes and provide assistance to the states, in the form of block grants right now, though republicans do not have the 50 votes and democrats signaling they will not lend any support either. Do this in the dark of night, when it affects so many people and so many dollars, to not have hearings to not have debate, to not have a full cbo score is legislative malpractice of the highest order betrays everything that this republic is all about plain and simple. Maria calendar here tight for republicans on this you chaerd Chuck Schumer mentioned cbo expected in weeks but, also, in order for republicans to be able to use that 50 plus one measure in the senate they have got to get this done, by the end of the month. We are watching that blake burman, still i headed breaking for Hurricane Maria could i have five storm devastated dominica we are tracking the storm as it barrels toward puerto rico, jetblue drops rises as low as 39 a diabetic in new sale how long you have to snag a cheap air fare back in a moment. Millions of you are online right now, searching one topic. That will generate over 600 million results. 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Monster widespread damage already Prime Minister dominica wrote on facebook this the winds are mereliless we shall survive by the grace of god, wow, top sr. , meteorologist janice dean tracking it had from Fox Weather Center so that we got latest adviser as of 8 a. M. A category five last time two category fives in one season 2007 well designed eye unfortunately over island of dominica, and now potentially a direct hit on puerto rico, as well as u. S. And british Virgin Islands devastated by irma the track, still category five very strong category four props worst of core of strong winds moving over puerto rico next 24 to 48 hours this could be potentially he devastating for them with upwards of a foot or two feet of rainfall surge 9 to 11 feet could be catastrophic turks and caicos ease of bahamas that cone the cone uncertainty wider further out in time so still going to monitor this again maria, puerto rico could see upwards of 18, 24 inches of rainfall storm surge 11 feet winds in excess of 120 to 130 Miles Per Hour, of course, the Virgin Islands as well the story perhaps not only dominica, but puerto rico in the next 24 to 48 hours could be you know worst hurricane they have seen in history maria wow, right after irma incredible thank you, the latest there a massive manhunt under way for two dangerous prisoners who escaped in mississippi Cheryl Casone with that. Cheryl that is right maria authorities in mississippi are searching right now for two inmates one convicted murderer escaped from Mississippi State penitentiary yesterday Officials Say they are armed, dangerous, following that for you this morning, the fooefsdz dropping on Paul Manafort sources say former Trump Campaign chairman wiretapped by investigators in secret orders before and after the president ial election. Manafort key in special counselor Robert Mueller investigation into russia meddling manafort said he did not collude with russia to influence election. A sale tickets as low as 39 dollars eachey one 39 dollar deal between long beach, california and las vegas good deals, atlanta to boston 5 doctors new york to bermuda 89 dollars, you got by december 146k a few blackout dates to use your ticket, act fast the sale midnight eastern tonight there is jetblue shares. Netflix a lighthearted to strangers, in chicago, this features designs to look like popular sets from the show, they wander to extended through october because that is when season two comes out netflix asked oners no the to extended the run past originally planned six weeks, i dont want you to think i am a totally wait till you see season two, obviously i am sure you can pressure important to us to have a say in how our fans encounter the world worlds we build reached out on position if they want to do this again netflix up 50 so far this year, polite season maria. Thank you, cheryl coming up will fedex deliver First Quarter earnings due out after close year looking what investors are shipping from the giant ahead of most important Holiday Season for the company, the golden years women more likely to stress out about saving for retirement than men how to put worries to rest, stay with us. Dont let dust and allergens get between you and lifes beautiful moments. Flonase outperforms the 1 nondrowsy allergy pill. It helps block 6 key inflammatory substances that cause symptoms. Pills block one and 6 is greater than 1. Flonase changes everything. Maria stashed money for retirement if you are a woman, you could feel more financially stressful, than men saving for life after 5 apparently families more likely to report they cannot afford to save for retirement according to a as we joining us to talk about it, ramsey financial expert author of retire inspired, chris hogan good to see you thanks so much for joining us. Absolutely, a pleasure. I mean i know this is pretty much a generalization, i mean not all women are stressed out about saving for tbut what is causing this gender divide we are reading about. I think we also know that you know women are more emotionally in tune better plenaries focused more on the security factor they want to know they are going to be okay as well as their family looking out a little bit understanding hey i may be feeling crunch may not be where i want to be. What should they do about it. The big thing take a collective breath understand a few things what we dont want to do is confuse, you know, fix with fact, is to i would say understand where you are right now, sit down with investment professional look at things things may not be as bad as you think they are so that realistic picture will help, understanding how investment 401 k , understanding where you are, how things are progressing know your number i developed riq tool at web site so people can understand how much are they going to need what do they need to do to help them get there. Dagen as you get closer to turn it and this is something that comes up more it is dagen more often you have to think about where you are going to live, pick a place that has a very low cost of living that has easy access, to hospitals, and good health care, and that is an happening tos more people dont talk about i dont mean necessarily florida there are places governor you can havekey can tell you as you wl know there are places across the south that have incredibly low costs of living. It is it is one of those things you are absolutely right you want to be aware of what you are i dont your live style going to look like what is your budget how many debt are you packing do i not want people to bring debt into retirement we looked at it four things in the way of saving for retirement youve got stein loans Credit Card Debt mortgages cost of living, so if we can control the things we can control we can put ourselves in a better position. Chris Mike Huckabee here i cant imagine retiring staying off Student Loans board too much to go to school bigger question is this, should everybody retire it seems like retirement is this why do we have to retire should not we continue to work if we love what wr doing isnt that a better option . Mr. Huckabee you are absolutely right for me retirement is more a frame of mind having options, it doesnt mean you have to stop doing what you are doing i love what i am doing as well. But i want people to have freedom i want them to be able to travel when they want to travel or continue to work, and not have the stress of having to work another 12 to 14 hour shift on a job they dont love. Maria more about having options but it is true that if you dont use it you lose it i mean you dont want to stop working doing things, that you are working you bring definitely want to stay engaged i work with people that are doing that i am talking about what do they want to do start a Side Business . Are they plugging in volunteering but you want to stay active engaged you can into that when you earned right saving enough money jay one thing millennials are doing one way spending money, is spending it on experiences not buying things but traveling now while they are young rather than waiting until 65. To travel, so to your point, they worker longer just as he satisfied. Thank you chris hogan forbes turns 100 iconic magazine celebrating milestone anniversary next dialing up another iphone, splint affairs next generation apple smartphones free of charge we will tell you the catch next. Anything worth pursuing requires knowledge, hard work and a plan. At baird, we approach your Wealth Management strategy the same way to create a Financial Plan built to last from generation to generation. Well listen. Well talk. Well plan. Baird. For tech advice. Dell Small Business advisor with one phone call, i get products that suit my needs and i get back to business. Joining us. Im maria bartiromo, tuesday, september 19 your top stories 8 30 a. M. On the east coast, President Trump Foreign Policy focus, the president will make his debut address today at u. N. General assembly o two hours from now will push America First position, and take aim at north korea, the caribbean bracing for hurricane beating Hurricane Maria bringing major damage to the dominica, now koish five storm barreling towards puerto rico, a race to the finish line for the agenda, with clock ticking on legislative calendar, 12 days to go now, republican lawmakers pushing ahead on tax reform, and health care, rnc chairwoman telling me earlier why it is so important that Health Care Gets done. In 2018 we are going to have so many people uninsured premiums are continuing to double, americans are hurtinging across this country, they are seeking relief it is time for republicans and democrats to come forward, and put forward a solution. Maria closer look at timeline next fedex in focus reporting earnings after kwlees to expect from fedex battle for business sprint launching its campaign todrawing customers ahead of iphone how you can score a detail for iphone 8, detail of the day post holdings acquiring bop bob evans Global Markets hire markets awaiting the Federal Reserve decision, central bank to detail how it will unwind four and a quarter trillion dollars on Balance Sheet just seeing august Housing Starts on the tape down 8 10 of a percent housing for month of august no movement in markets, on heels of this u. S. Building permits up 5. 7 in august versus negative in july no movement on heels of economic reports right now hitting tape in europe to look ft 100 up a fraction cac quarante. Dax under pressure asia overnight market closed mostly ploer japan was real standout up 2 on nikkei average, now this, top story this half an hour, celebrating 100 years at foreclosures magazine what an accomplishment includes first Artificial Intelligence featuring Warren Buffett joining us forbes media chairman former republican president ial candidate steve forbes. I think. Congratulations, what a Success Story forbes, tell us about that. Take cover forbes. Com 100 get photographs of the cover, cover photographed a hologram of Warren Buffett, and instructions and you can start asking him questions. Not the wow. You cant ask about yankees or anything but basic ideas on investing in the economy things like that. So even at 100 always trying to be on cutting edge supplying the information and how we deliver that information one reason why we never got caught up with the disaster that happens with print we were hurt made the adjustment key thing get that analysis out. Youve got more online readers than print. 70 to 90 million visitors. 70 to 90 million. Each month. And over 40 overseas, and versus 750,000 circulation for the magazine, so great management guru said always remind yourself mission so dont get hung up with means to achieve change what we tried. Dagen might sound silly but why Warren Buffett not somebody else . Jeff baezos younger well more cutting edge . As i get older i dont think Warren Buffetts age should be held against him. I am saying like the guy of the moment like jeff bezos. Here is somebody steve we dont hear from that often buffett is omni present. I think we sort of discovered Warren Buffett in late 1960s unknown money manager in omaha interviewed him because he sold all his stocks, and by golly picked the top six years later in the bottom of one of the worst bear markets ever disaster everyone selling, he said which is very on pc said what do you think about stocks he said i feel like a sex maniac in a harem so many great bargains out there since then we have enjoyed insights one of the things we like about him not only shown overtime that he can survive and thrive but tells you where he is not strong hightech doesnt pretend going to be a hightech geek will study pieces if he feels he needs to do so, so kind of several years ago we did an interview with him and jayz together because each had achieveding longevity in entertainment and investment world shooting stars all the time in terms of investment, but he has delivered constantly sometimes down but overtime remarkable performance. Maria you are right. But why not. Got on apple, late in the game but still made money on it. Why he. And one of the things about investing if a stock has gone up a lot you think maybe it is too late i only get a little bit he doesnt let that hold him back he thinks a bargain even up 10 fold still going into. It what do you think about this bull market a great run keeps going did he spotty noise in washington do you think for real you talked about getting in late too late to get into this bull market . It is real. And the reason it is real is Corporate America has really gotten its act together here and overseas. The real challenge for the economy is not the stocks, stock market, representatives Large Companies socalled small caps large by most business standards, Small Businesses are having a hard time Small Business formation a hard time made a good tax cut deregulation some other measures so Big Companies of tomorrow one great so thenning you see in forbes years ago top 100 in 1917, 8 or so around today there is a constant churn one of the strengths American Economy is ability to keep creating not just Small Companies but the Big Companies of today, and tomorrow. Europe cant do it, asia we will see if can do it we can to make sure have that right environment. Steve i am fascinated the fact you are not only surviving but outliving in most publications are gone news week a joke, the publications disappearing what is the ron forbes lasted 100 years a bright future. We have uchz and downs fascinating history nearly down for the current in Great Depression up and downs the key thing is reminded yourself as Peter Drucker tells us what is it you are trying to do if it means change do it one wise thing 20 years ago everyone got electronic publishing you are in, like when edison inventdz movies thought if you film stage play you had a feature film no different medium so that is the kind of things we did not easy. This is an era as they say eat well sleep law not both eating part i do the other thing. Take on issues of the day a tax reform comes to mind the wall street journal this morning is reporting that Senate Republicans are considering writing a budget that creates rules for 1 half trilliondollar tax cut over next decade now unclear how big a tax cut Trump Administration will support, but you are pretty bullish they are getting something done you said sunday. Yes he i call in sync of self preservation most people know if they dont get a tax cut get this economy not just moving but where people feel it is moving as for 80s much of the 90s they know they are going to be uber drivers, after. Move election, so that is, i think, as saying johnson said the hanging focus wined pivotal prospect political hanging does same thing i think getting something done not constrained by idiot projections of the cbo getting a big tax cut if they tweak it later fine what reagan did in early 80s a huge tax cut made changes big job done get the economy visiblebly feeling moving forward. I was going to say on 100th anniversary of manager we should remember jim michaels i was lucky to know him editor started in 0s never i never 60s i never worked for him as writer but i learned a lot from him even just seeing him in the building with him at fox. Remarkably, 38 years really gave our editorial content the brilliance that it did he took from nobody, to didnt care who you were, he thought a piece great would say if if he thought terrible would throw it back at you literally. Literally. That kind of discipline, always reminded us readers dont have all the time in the world to read your price liless get to the point. You said on sunday that you actually have a feeling that the tax cut plan could be retroactive to 17. Do you believe that i think there is going to be a push for it because make it active in 2018 is not going to help very much in the elections nice thing about making retroactive is one people move right away two, nice big refunds coming in april, not bad in election year. If they take to this to a end of the year leasing much on table taking it retroactive to beginning of 17 i am somewhat skeptical trying to save every penny. Else this want to save jobs and save the economy, hello. Thank you so much congratulations, happy birthday forbes. Stuart varney weighs in on toys r Us Bankruptcy after decades of them dominating holidays, we talk to Kathy Ireland about gem in fashion empire. Back in a moment. The alerian mlp etf can diversify your equity portfolio and add potential income. Bring amlp into the game. Before investing, consider the Funds Investment objectives, risks, charges, and expenses. Read the prospectus carefully at alpsfunds. Com amlp s list for free. Which means everyone has access to our real reviews that we actually verify. And we can also verify that what goes down, [ splash, toilet flush ] doesnt always come back up. Find a great plumber at angies list. Join today for free. [he has a new business teaching lessons. Rodney wanted to know how his business was doing. So he got quickbooks. It organizes all his accounts, so he can see his bottom line. Ahhh. Thats a profit. Know where you stand instantly. Visit quickbooksdotcom. Maria welcome back a bite acquiring bop evans deal worth s 1 2 billion dollars Nicole Petallides on floor looking at detail of the day good morning. Good morning yes, we are seeing bob evans jumping up over 90 , 52 weeks up 6 this morning post acquired witch heatibix, three months ago now bob evans post, now they will have vegetable side dishes, sausages deal of the day fedex earnings after the will be they have their division pmc express division say that cyberattack in july could have material financial impact, on their quarterly numbers we will watch for that after the bell noted raising rates 4. 9 in july, in january, so we will watch that many news on shopping season and sprint iphone war the company said wouldnt happen happening starting with first half of, 18 month lease now beefing up want to take tmobile and verizon customers for the first time sprint posted a profit three years in spring quarter want to keep that momentum going the deal going to give you a 64 gig iphone 8 for free with caveat to have you trade in iphone 7 or galaxy 8, but get to 18 month lease going to give you want to pay for heard ware they want subscribers. Toys to his filing for obstructs protection joining us toaway in on that host of Varney Company Stuart Varney good morning to you. Good morning, maria. No surprise here just a sign of the times, isnt it the retail ice age upon us with vengeance children in 20s, 30s, 20 years ago toys r us look through door buy physically we go to amazon now, my question is what happens to the a real estate that all toys stores on shopping malls ghost malls what happens to that real estate . What is the value on what you are going to do in the fewest i dont think that bricksandmortar shopping is coming back, so as we get into retail ice age an agonies story on going story not over what toys r us story is at heart. Real estate he are diversely talking about health care areas like cvirtualities where growth is in Real Estate Health care declines in retail. I hope it works, but i think there is so much real estate available that it cannot be mopped up with health care facilities. Not all some left over what about the value of that real estate i think going to plummet that is my idea. We will be watching that we know you have more in 10 minutes top of the hour 9 a. M. Eastern join stuart after mornings with maria first model turned mogul Kathy Ireland the new edition to say fashion empire, stay with us. 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. Maria welcome back model turns mogul Kathy Ireland grade of kors of magazines over her career before building a Business Empire her front page cover of the 1989 sports i will straitdz swimsuit issues the magazines best seller of all time got start up a halfiat kmart a port more than 17,000 products selling 2. 6 billion dollars at retail according to forbes ceo of Kathy Ireland worldwide chairman emeritus chief brands strategist great to see misconstrue wonderful to be here. Your story is so empowering you took your career where you wander to take ike you wante to take it you had courage to sustain what is the secret to continued growth at businesses. Continued growth watching you a disruptureer of wall street watching navigating your career you know what that is but it is listening to the customer anticipating the changes, your previous guest talking about changes in Retail Sector and what that is really, anticipating serving people in way they want to be served. Customer is number one always been for you. Absolutely. Dictates how you you come up with new products. Listening to xhers customers serving them with company, we enjoyed Great Success Pacific Coast lighting our partner two decades renewed, 2023 long time relationships that we build. While listening to the customer and learning how they want to be served. I love it talk about your latest item what has your product done just made new york fashion debut must have been exciting. So much fun Millennial Team working with extraordinary designer michael costello, diamonds by Kathy Ireland wonderful diamonds gia has given at us color, clarity karat we have seen demanding more want cost, so our patented gives an appearance of three times the look, and that is a wonderful value, then our luxury we have our high end, wonderful. High end but your customer wants value. Whatever price point she wants value. The items that you have on right now so spectacular, what is the price point talking about. Ring 17 carats about two million the areaing,. 5 million diamonds more opening price point less than 40,000, and, fantastic. Tell me about the broad portfolio youve got from furniture, to now diamonds. We do launching next month with mike home fashion a broad solita assortment of fashions continuing to work that area, and level brands i shared with you people asked when you take it worldwide public . I dont have the education. Bureaucracy you have to deal with. I wont do it in a titular sense, do i know something about brand building we have been doing it 25 years. Marty will is serving as president kr, ceo what i bring o the table as strategist is exciting were bringing wonderful brands together that are diverse, we developed two brands within level brands, e1, i1, could founded by two millennials, we also have beauty and pinups growing working with everyone from david to maestro of weddings. Usual tinkering with going public level brands. Testing phase of ipo i love it because i believe it is demonstratecratization of wall street makes it possible for more people to get involved, we spent a lot of time mentoring entrepreneurs and this is an empowering pay for people to have an opportunity. Interesting that you want to test waters on level brands you are still not going to about testing waters on Kathy Ireland worldwide in terms of taking it public. Will remain a private company i am enjoying the privacy that. Congratulations on award from nonprofit Los Angeles Team mentoring you have been incredible mentor continue to do that with new cropch millennials at the company. Thank you. Great to see you thank you. Kathy ireland we will be right back. Stay with us for final thoughts. Parodontax, the toothpaste that helps prevent bleeding gums. If you spit blood when you brush or floss you may have gum problems and could be on the journey to much worse. Help stop the journey of gum disease. Try parodontax toothpaste. 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Im living that yacht life, life, life top speed fifty knots life on the caribbean seas its a champagne and models potpourri on my yacht made of cuban mahogany, gany, gany, gany watch this dont get mad bell mnemonic get e trade and get invested heres a tweet from governor huckabee my daughter to dinner, about even though shes a big deal she will by dinner. We had a great time. Governor great to see you. Thanks so much for joining us that will do it for us Varney Company begins right now. Stuart over to you. Stuart thank you indeed America First President Trump tells it straight to the United Nations. And the republicans may put tax cuts into the budget investors like that yes stocks are going up again. Good morning everyone. Now in a few minutes the president leaves trump tower, his vast motorcade heads 20 blocks south of the u. N. Building and there he lays out americas place in the world. He will say it is in the interest of all nations to challenge north korea, iran, and Terror Threat he will say hes not interested in ideology, he is interested in getting results from a poor organization