Good to see you. Youve still got, what, 50, 60 House Democratic members who came from republican and trump districts who understand the power of usmca, and in fact, to some extent if they are going to think they are going to go off the ledge, on some crazy idea of impeachment, which is doomed to failure, they might even be more inclined to do something constructive on the u. S. Canadian mexican trade deal. David but nancy pelosi says they will be able to work something out on usmca. Listen. Were moving ahead on the u. S. Mexico canada agreement. Were again hoping to be on a continuing path to that. David amid the noise, do you think we can see sustained Economic Growth and progrowth legislation . Im not sure that the first requires the second. And thankfully it does not. Weve had growth. We continue to have growth. Mainly because of the u. S. Consumer benefitting from great job market, higher wages and all the rest of the things we have talked about on this panel because nobody else is talking about it. So hurray for the consumer. Look, i think it is absolutely essential for democrats to show that they can legislate and govern in addition to harassing President Trump. Thats not how they view it. They view this as governing. I think a lot of americans will disagree with that. It would behoove them to bring usmca to the table, to the floor for a vote, get it done, because the senate is ready and willing to move it forward and guess what . It really is good for farmers. Its good for americans. It should be done. Lets be clear, the next 12 months is going to be six plus committees, going after impeachment on the president. I suspect not much is going to get done, very little, maybe a usmca. Theyve got a spending bill they need to get passed, but anything of real importance, longterm importance is going to be tabled right now. There is simply one goal, and that is to win an election next november and the democrats think they do it by taking this man down. They may be right. They could be wrong, willing to risk everything for it. It is a good political strategy to say the democrats being the party of impeachment and antitrump and getting nothing done legislatively. The reality is no matter how many bills the house passes its already passed four dozen plus mcconnell and the Republican Senate dont want to act on them. There is a chance they would act on Prescription Drug prices because theres a good degree of both republican and democratic support for that. In general these parties and houses of congress now controlled by different parties are in different places when it comes to legislation. It does help the narrative. It is not an accurate one entirely. The house has been trying to pass some legislation. Theres no legislation for the most part that can be passed. Oversight is part of their responsibility, but passing legislation is, and look, lets look at history. Two impeachments essentially in the 20th century, nixon and clinton, and during the clinton era, the markets soared. The nasdaq was up 60 during the nixon era, the market was down. A lot of that has to do with the policies the government had enacted, much more restricted during the nixon era, much freer than the clinton era. They better legislate because what you are seeing is individual investors, wealthy investors, Big Companies hoard cash because of this indecision. Yes, have oversight, but move the business of this country forward so people can make money. David to your point, jonathan, during the clinton administration, they had a very significant cut in the Capital Gains tax. They also redid our whole Welfare Program in the lead up to the impeachment. You can get things done. And banking deregulation, david. David banking deregulation, absolutely. Look at the situation now. You have 50 to 60 democrats. I think 64 is the number who come from red states, who come from districts that went for donald trump. Liz, i would just think that they are going to go back to their voters. Theyre going to have to say look, you paid me 170,000 a year to do something. They are going to have to bring something to the table when they go home to try to get reelected. Of course, they are. By the way, impeachment is not popular, not in those districts. David [inaudible]. Exactly, this is not something that will win them a lot of favors. Yeah, the democrats are passing a lot of bills, even if you are in the majority, you can pass a lot of things that are unpopular with the senate and it is not going to happen. Those are showboats. Were talking about legislating for things that good for the country and might get through the senate and the usmca is definitely on that list. The venom has never been like this before. At least back in clinton, the democrats and republicans liked each other, talked to each other. David wait a minute. There was impeachment going on. You dont impeach somebody that you like. I understand that. Business is business. Family is family. All im saying right now you can see the hate and the venom in the eyes of both sides of the aisle right now. Thats my worry that because of that, they dont care about the people right now. They care about doing what they are doing, front and center, and the media is carrying the water for it. So again i dont think much is going to get done this year, and by the way, and this is to zach, it takes two to tango when it comes to legislation. Im sure you know that. I think for the Prescription Drug prices still has a pretty good chance of something happening because it is such it cross cuts every par tlty li and thats something that affects tens of millions of voters. Charles grassley has been leading this on the republican side in addition to the usmca. I think you could have something there. For someone like jonathan and the more libertarian republicans, government is doing nothing i would assume an optimal outcome. The problem is when it comes to things like trade, government has inserted itself. You have millions of people literally waiting to find out, unable to make any type of business deals because they are waiting to find out the next move. David gary you said that the usmca is a small thing. I dont think it is a small thing at all, not for the farmers in the midwest or north dakota. They think it is a big thing and might give us leverage to get something done with china. We already have good trade with mexico and canada right now. This just adjusts it some, to the better, so i dont think it is the end all be all. For me the end all be all right now on trade will be china to get rid of these darn tariffs that the taxpayer had to take take 28 billion of our tax dollars. David you are teasing up another segment for us. We will have a lot more on that, plus a businessman who has a personal gripe against the chai naez. Chinese. We will hear his story coming up. Lets get to Hillary Vaughan on capitol hill. The acting director of national intel, joseph maguire, fascinating time today on congress. This guy is a real hero, a navy seal. Tell us what happened. David, late breaking, the president this morning is calling the cia officer that blew the whistle on his phone call with the ukrainian president , a spy. The l. A. Times this afternoon up with a story and audio from a private event in new york where the president criticized the whistleblower for going off second hand information. Basically that person never saw the call, never saw the call, heard something and decided that he or she [inaudible]. I want to know who is the person who gave the whistleblower information. The New York Times reports the whistleblower is a male cia officer who was assigned to the white house, and the top democrat of the House Intelligence Committee wants to hear from him now. Adam schiff saysst the says it is time to take the next step and investigate, calling the whistleblowers complaint a road map. Were obviously going to be bringing the whistleblower in, and the director committed to having the whistleblower come in as soon as the issues are resolved, but i have no idea that this Justice Department led by this attorney general will investigate anything, except the president s adversaries. Democrats drilled the director over delaying the complaint, saying he had a deadline of seven days and he did not deliver, but maguire pushed back saying his job is to pass the complaint on to congress, and they are supposed to decide what they do with it. There is an allegation of a cover up. Im sure an investigation and before this committee might lead credence or disprove that, but right now all we have is an allegation, an allegation from second hand information from a whistleblower. I have no knowledge of whether or not that is true and accurate statement. House republicans accused the democrats of essentially trotting the out whistleblower complaint into a public live hearing for their own political advantage, to drum up support for their impeachment hearing proceedings. But the senate, which also talked with the dni director, joe maguire, talked to him behind closed doors. The house chose to do it very publicly. David . David fascinating stuff. Thank you very much. Amid all of this, President Trump announcing a new timetable for a china trade deal. A manufacturing ceo Paul Wellborn sat down with the president. Hes going to join us next to tell us what they talked about and why he is making a 4 billion dollars case against beijing. They want to make a deal. Do you know why they want to make a deal . Because they are losing their jobs and because their supply chain is going to hell. And companies are moving out of china. All Money Managers might seem the same, but some give their clients cookie cutter portfolios. Fisher investments tailors portfolios to your goals and needs. Some only call when they have something to sell. Fisher calls regularly so you stay informed. And while some advisors are happy to earn commissions whether you do well or not. Fisher investments fees are structured so we do better when you do better. Maybe thats why most of our clients come from other Money Managers. Fisher investments. Clearly better money management. Performance comes in lots of flavors. dramatic orchestra theres the ampedup, overtuned, feedingfrenzyof sheetmetalkind. And then theres performance that just leaves you feeling better as a result. Thats the kind lincolns about. Why accept it frompt an incompyour allergy pills . E else. Flonase sensimist. Nothing stronger. Nothing gentler. Nothing lasts longer. Flonase sensimist. 24 hour nondrowsy allergy relief ever since you brought me home, that day. Ive been plotting to destroy you. Sizing you up. Calculating your every move. You think this is love . This is a billion years of tiger dna just ready to pounce. And if you have the wrong Home Insurance coverage, you could be coughing up the cash for this. So get allstate and be better protected from mayhem, like meow. We picked up trillions of dollars and they have lost trillions of dollars. And they want to make a deal very badly. It could happen. Could happen. It could happen sooner than you think. David sooner than you think, markets still moving more on China Matters than they are on impeachment worries. Good news on trade makes markets go up. While president saying yesterday that the a china trade deal could happen sooner than you think. There are still many contentious issues holding up a deal. Our next guest say has one of them he had a chance to discuss his 4 billion dollars trade case against china with the president , the ceo of wellborn manufacturing, Paul Wellborn. Great to see you. Thank you for coming in, paul. Briefly tell us your story and your gripe with china and why you support the president s tough stance. To start with, the kitchen business has been attacked or targeted by the chinese, and as you know, when they do their dumping. Dumping is a term where they sell. It might cost them 150 to make a cabinet and they will sell it for 50 here. Our customers in the past year or two have been targeted also by direct sales from china, and something has to be done. If we dont, were going to close our plants and lose our jobs. David you support the president s tough stance on tariffs. I certainly do. We are seeing some plus from it, but we also have an antidumping case that will certainly help out. Mr. Wellborn, two things, one theres a degree to which this whole impeachment inquiry probably does make a china deal more likely. The second thing is competitors often try to undercut. Chinese are not the first to do it. The Furniture Industry which you are a part of was initially very vibrant in the northeast in the United States and then was radically undercut by Southern Furniture manufacturers, decades upon decades ago. I dont know if what the chinese are doing is anything different than any new entrant into an established industry has done in the past. I would say that the difference would be that the government is furnishing the money to the chinese which they probably own anyway and they will do whatever it takes. David they are getting subsidized by the government for undercutting you . With plywood, 80 of the cost of making plywood. The prices are below the the early costs. They can buy logs and lumber from over here, do it there, send it back for 50 when it would be 150. Thats illegal dumping. Interesting, a lot of that same government subsidy occurred in the 80s by the japanese as well, didnt help that economy longterm. But sir, i want to ask you thank you for being with us by the way. Thank you. These tariffs have not helped the steel industry. Theres been layoffs in steel. They havent helped the farmers. Already two bailouts for the farmers. The farmer bailouts have been bigger than the auto bailouts. What makes you think it will help your business which as zachary alluded has been struggling from some inherent and systematic effects perhaps even bigger than competition from china . If you look at say the furniture companies, i know john basset and you can read his books and what happened to them, when they were targeted and you saw communities close down, just decimate. We dont need that to happen. Many of the Cabinet Companies in this country are in small cities throughout in many states and that would hurt the local communities and the total cost of that to the communities, the stores, the banks is not good for those local communities. What response, if any, have you gotten from the chinese . Have they backed off a little bit or raised their prices . Have they responded at all . My impression there are Many Companies in this lawsuit which is pretty powerful therefore and also presumably getting help from our government. Whats been their response . The chinese . Well, i think that what were beginning to see little bit, they are backing off some, but i think they are seeing some sales coming in. Not a great deal yet. That could happen, but we havent had any direct response except our Customer Base is losing a lot of business. They are being undercut by 50 in the last few years. They tell us its a couple more years and it wont be turned around in the cabinet industry. We just dont need this to happen. We need something done. Theres laws to protect the american jobs and antidumping and we need something done about this and give us a fair level Playing Field and we will win. We have competed against all the Cabinet Companies in this country. This is gary kaltbaum. I wanted to ask you, it says here you have a 4 billion dollars trade case. Who exactly do you file that with . And what are your expectations to come from it . The american Kitchen Cabinet association, its a group that over 50 manufacturers that filed a case back in march. And we expect duties hopefully to be close what maybe the plywood. If they looked at this carefully, i think they are w k working on it, what they think the duty should be added to the cabinets. David we have to go, paul. Can you tell me your prediction in terms of whether or not we work out a trade deal that would be accept to believe the country and to acceptable to the country and to you in particular . I think longterm the trade deal hopefully necessarily wouldnt just cover the cabinet business because i dont know how the trade deal could do that. If it can, thats fine. But we have to level that Playing Field. I like what our President Trump is doing. Hes working hard on saving jobs. I believe he cares about people. I really admire that, what hes doing. David we hope you do well in your case. We appreciate you coming in to talk to us about it. Let us know what happens. All right . Thank you, good to see you. David the census finding income inequality is at a new high but does it matter if wages are going up as well . We will debate that, coming next. You only pay for what you need. I wish i could shake your hand. Granted. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. Im working to make connections of a different kind. Adp helps canyon ranch place the right people in the right jobs, so employees like dave can achieve what theyre working for. 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I think we definitely care and one of the reasons it sells. Look who is leading in the polls now Elizabeth Warren telling those people dont make like the wealthy that they are where they are because the wealthy are where they are. The other part of my equation thats not talked about enough is our wonderful central banks. Our central bank that kept rates too low for too long, bubbling up every asset out there, including real estate and art and everything like that. If you want income inequality to go the wrong way, look no further than that lovely central bank and something should be looked at on this. So we can interject our favorite issues here. Mine is education. If you want to suppress income inequality or begin to address it, give people at the low end of the income spectrum the tools they need to advance themselves. Thats something thats lacking in the democratic play book. Nobody talks about making our schools better. It is astonishing to me. The answer is in this year, and going back a year and a half, this gap in terms of earned income is narrowing. Thats what these figures do not reveal. What these figures include is things like as gary pointed out increases in earnings from stocks and assets of all kinds, which have been inflated, but the truth is, earned income, the gap is narrowing. So a jobs market thats this healthy is making some gains on this. So if were going to say whats going on in the country, mine is that income ine equality concerns and anxieties are a proxy for insecurity. It is not about who has more, it is about whether or not what sufficient sufficient and sustainable. So to the degree that we can figure out this 30 year battle over healthcare in a way that doesnt constantly confuse, perplex, and make people feel like at any moment costs could go up or care could decline, whether its education, access to it at an affordable price. That leads you to the direction of a social safety net that is david but jonathan, why should i care how much billionaires are making if my income is still going up . Income inequality is a nonissue. This is a nothing the only inequality that matters. The only equality that matters is equality in front of the law. To your point, david, the gap between the so called haves and the havenots is irrelevant if you live in a free society. What happens is that the haves produce and lift all of us up. Thats why the poor in america are richer than most europeans if you can believe that. Thats because the wealth in america or even the so called poor are rich in our world. In chicago Economics School it is irrelevant, but in terms of polls and voting it isnt irrelevant to people because they dont feel the security that they are able to meet their basic needs because they have been taught by Elizabeth Warren and professionals in some of the publications that income inequality what matters is peoples quality of living and their standard in life. In america with our so called income ib inequality, the average of a so called poor here is rich in other countries. We have small number people at the top very very well off. Look at bernie sanders. I dont think theres anything wrong with it. Somebody has to make the case that i thought you were going to say jonathan as long as everyone has opportunity, then you shouldnt be worried about it. Thats my view is if everyone has opportunity, then it is up to everyone, in a free society, to make the most of that opportunity. But to zachs point, that doesnt satisfy people who are discontented. Listen, the problem is david quickly, gary. People like bernie sanders, Elizabeth Warren to be polling like they are, something has to be addressed. David polls are polls. We have an election coming. Economic policy based on envy doesnt work. Is Political Correctness on campus leading to the demise of Academic Freedom . Senator grassley says it is reaching a breaking point. In a new wall street journal oped we will be asking campus reforms. You want to stay around for that. Good stuff. Thats next. Orlando isnt just the theme park capital of the world, it also has the highest growth in manufacturing jobs in the us. Its a competition for the talent. Employees need more than just a paycheck. You definitely want to take advantage of all the benefits you can get. 2 3 of employees said that the workplace is an important source for personal savings and protection solutions. The workplace should be a source of financial security. Keeping your people happy is what keeps your people. 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David senator Chuck Grassley calling out campus censorship writing in the wall street journal today quote universities have long been centers of Political Correctness but campus administrations increasingly seem to be indulging students when faced with uncomfortable ideas complain of feeling harmed or unsafe. This is reaching its breaking point and making it hard for professors to teach. End quote. The senator says he wants answers from some of the nations top universities about incidents that have taken place on their campuses that concern everybody about the state of Academic Freedom. Joining us now cabot phillips, from campus reform. Do you see instances where pc culture is impacting Students College education . Thats kind of a rhetorical question. Go for it yeah, there are numerouses instances. Numerous instances, thats why we have our website. We see plenty of times not only professors. The standard on campus has now become whatever you say hurts my feelings you shouldnt be allowed to speak. Sadly so many School Administrators indulge these students and outraged moms and it keeps the next generation that your feelings supersede other peoples freedoms. In the long run when you take ideas off campus that make people uncomfortable you actually hinder peoples growth. The people you are trying to help, you end up hurting because they never have the opportunity to process ideas to make them uncomfortable to grow intellectually and learn how to debate. Thats what college is about. So many people are walking on tiptoes and egg shells because they are afraid to buck the trend. It is a liberal ideology thats welcomed on campus. Things that go against that are the things that are pushed back on the most. I dont want to be hyperbolic. I think the real danger to this country is not iran, it is not china. It is harvard and yale, it is the universities. Cabot, as you said thats the battleground of ideas. Thats where the next politicians or politician insiders thats where they are being trained. As you said, the colleges are cesspools of collectivism, cesspools of socialism. Doesnt the fact that government dominates education, its funding, its administration, isnt that a root cause of why colleges are so liberal, so left and ultimately so against capitalism . I think thats one big reason for it. And for so long, its increased steadily because we havent seen any accountability. Thankfully we saw this year President Trump issuing an executive order on free speech. We have seen sensors like grassley and senator cruz speak out about this. I think it is going to take accountability to change this problem. And there are tangible expressions of the expression of free speech. I think it is important for americans to understand what it looks like. The things i see are one the free speech zones where students are kind of sequestered off in these secluded areas on campus and say you can express ideas here. We have seen it in suppression of speakers. David just to push back a little bit. I think zach is going to disagree that north korea is not as dangerous as college campuses. Hold on, jonathan. Having taught at harvard but also having taught at university of massachusetts, boston, commuter school, liberalism is the ability to speak your mind and to have open debates, to use this suppression of free speech on campus as a liberal thing or a left thing is absolutely not true. David oh, please. Come on it is true on some colleges. You jumped on jonathan for using theoretical guide post. The reality is every campus in america is liberal. Thats a reality. [talking over each other] modern leftism. Look you dont have such things as conservative outrage mobs. I have been on campus and walked around with hundred dollar and told students if you can give me an example of students shutting down liberal professors, i will give you 100. It is coming from the political left. A big difference between classical liberalism which embraces free speech. I just had both my kids in college over the last few years. I have two of my closest friends who have kids in college right now. And youre 100 correct. People are Walking Around on egg shells on what they can say, how they can say it and where they can say it. So my specific question to you cabot, what are you going to do change . What are you doing . What specifically can anybody do to change it . I know you want to change it. David hard question. I think one thing you can do first off is letting Market Forces take impact. Dont send your kid to a college if you look up what they stand for and they are not doing enough to protect ideological diversity on campus. Legislation can play a role in this. Schools arent getting funding if they arent doing enough to protect fundamental elements like the 1st amendment. If there were liberal ideas that were being suppressed on campus, you would have democratic congressmen and senators speaking up. Theres a reason it is only republican members of congress in the senate that are speaking up about this problem. The idea you can debate racism and race and gender, those are things that a lot of campuses are trying to preclude discussion about. A liberal approach would say you have to have an open dialogue. David point to one instance where a liberal or socialist was shut down by a conservative group. On campus. I cant think of one. But im sure cabot can give us dozens of examples of the other way around; right . Yes. Im agreeing that there is a far left or whatever you want to call it. Im just saying thats not the liberal attitude of most universities. Try wearing a maga hat on any one of these University Campuses right now and see what happens. David all right. We have to leave it at that. Someone was hospitalized for doing just that, wearing a maga hat on campus. David it can be dangerous. Cabot, thank you for coming in. Appreciate it. The latest ipo unicorn to fall flat at its debut. At fidelity, we believe your money should always be working harder. Thats why your cash automatically goes into a Money Market Fund when you open a new account. Just another reminder of the value youll find at fidelity. Open an account today. But when i started seeing things, i didnt know what was happening. So i kept it in. He started believing things that werent true. I knew something was wrong. But i didnt say a word. During the course of their disease around 50 of people with parkinsons may experience hallucinations or delusions. But now, doctors are prescribing nuplazid. The only fda approved medicine. 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David the maker of high end exercise bikes and treadmills ending down, 11 on its first day of trading. Ceo telling fox business it could be a while before the company is profitable. Listen. Dont you think your investors now that you are a Public Company might demand profits . Eventually of course, yes. I mean, i think were showing in 2023, so were going to get there. David four years from profitability, is this a company that people should invest in . 2023 . Hey, thanks. [laughter] look, the company is growing leaps and bounds sales. They lost 240 million bucks this year. They sell products that are 10 and 20 times what a normal product is, and most importantly, the market over the last year has said enough, enough of just shoving down our throats companies no matter what they sell that lose a ton of money, at ridiculous valuations. It happened with uber. It happened with lyft. And i put out a report last week. Theres a couple of hundred names in the last two years that are under water because they all lose money. Give me a company that produces a product for a buck and makes a dime on it, i will be a happy guy. To this point, what we saw with the peloton ipo, what we saw with we work going from 47 billion dollars valuation under 10 should give anyone who thinks this market is some sort of 1999 in terms of frothiness real pause because if those companies had gone public 20 years ago they would have been up five x on day one on the promise of potential transformative growth at some point sometime somewhere. The fact these companies are not getting a warm welcome and peloton priced its opening price was well below what they went to the market with initially should be a sign of Public Markets saying hey were not going to reward these companies with these valuations. Amazon opened the door for investors getting behind a company that lost money for a long time. David you actually use the product. I do use peloton. Theres an issue i think with this company that no one talks about. If you actually go in to buy the shoes, for example, what you need to use the bike, in most instances, you cant buy them. No inventory, they are trying to keep their costs low. They send them to you. You have to go back to put the cleats on. For millennials that want instant gratification, this is not it. I think it is a terrific product. I think its several years ahead of its growth. They need to start making money. Ipo is a great forward indicator. I think it is the canary in the coal mine. Endeavor is going public tomorrow cut their deal size and cut the offering price already. Im brought back to january and february of 2000. Thats when a lot of those ipos started coming public and flopping. Smile direct, lyft, uber, these are ipos that were highprofile that are now underneath their ipo prices and this is a canary in a coal mine jonathan, as we were on, endeavor just pulled its ipo. David interesting, wow. Okay, maybe it is the canary in the coal mine. Before we head to break, lets see whats coming up on evening ed date edit with elizabeth mcdonald. Great to see you. Were talking about how wall street is ballparking all sorts of scenarios, will biden drop more in the polls . Will Elizabeth Warren be president . What would happen in the market in that scenario . Were talking about that. Were talking about a heightened state of readiness in saudi arabia. Weres a we are also talking about warren wants to take over a part of the economy that powers Consumer Confidence and growth. You wont believe what she wants to do now. That comes up in 6 00 hour. David that sounds great. I would be honest i would watch you talk for an hour just for the pleasure of that. Good to see you, liz. We will be watching. Thank you. David Alexandria Ocasio Cortez rolling out a sweeping legislative package aimed at combatting poverty in america in her new proposal. Its called a just society. What her plan is calling for. Wait till you hear this, coming up. For farmers here, this is our lifes work. But when a recall happens, perfectly good food goes to waste. Now, weve got away around that. Looks good. Were on target. Blockchain on the ibm cloud helps pinpoint a problem anywhere from farm to shelf. Its used by some of the biggest retailers everywhere. A nice wedge. So more food ends up on your table, is that daddys lettuce . Yeah. And less food goes to waste. Ever since you brought me home, that day. Ive been plotting to destroy you. Sizing you up. Calculating your every move. You think this is love . This is a billion years of tiger dna just ready to pounce. And if you have the wrong Home Insurance coverage, you could be coughing up the cash for this. So get allstate and be better protected from mayhem, like meow. So gthat could allow hackersr devices into your home. Ys, and like all doors, theyre safer when locked. Thats why you need xfinity xfi. With the xfi gateway, devices connected to your homes wifi are protected. Which helps keep people outside from accessing your passwords, credit cards and cameras. And people inside from accidentally visiting sites that arent secure. And if someone trys well let you know. Xfi advanced security. If its connected, its protected. Call, click, or visit a store today. David new york congresswoman Ocasio Cortez rolling out a new six bills proposal plan. It is called a just society. Aiming to reshape americas economy. One of those bills would give undocumented immigrants access to medicaid, regardless of their immigration status. Another would cap monthly rental increases at 3 and forbid landlords from evicting people unless they havent paid rent for a couple of consecutive months. Now Ocasio Cortez calls economic inequality and climate change, quote, the greatest threat to our country and democracy and our planet, end quote. So will aocs six bills make their way into the democrat platform . What do you think, liz . We have seen with the Green New Deal that she and the squad have an ability to shame other democrats into adopting some of these things, and by the way, some democrats already are on board. We saw all of those candidates on the debate stage raise their hands when it was asked whether Illegal Immigrants could get federal aid. So this is not all brand new. Some of it is pretty whacky, like guaranteeing that everyones going to have wonderful Robust Health and mental health. I dont know how shes going to do that. I think its terrific. I guess she puts the whole country on a diet. I mean there are a lot of things that are just sort of standard issue left wing stuff, like rent controls which just simply dont work. But, you know, i think my read of this is shes been sort of out of the headlines for a while and she wants back in. This is her way of sort of promoting her brand now that her chief of staff left who was sort of writing her script for a while and so forth. This is her new big thing. We will see whether they bite. Its her attempt to take the moral high ground; right . She said this is a just set. Yeah. If she wanted a just society, that would be a society thats free of coercive force. Thats a capitalist society. In a capitalist society, thats the ultimate poverty fighter. Think back to 1990, 40 of the world was in extreme poverty. In countries like china, southeast asia, make minute moves towards freeing up their economies today less than 10 of the Global Economy is considered extremely poor. Thats because of capitalists. Aoc same old stuff, rent controls, weal fare, minimum wage welfare, minimum wage, that hurts exactly the constituents that she proposes to help. Im not going to defend these ideas per se, which is if these we are enacted if you could only evict someone after they werent paying their rent for two months, if a lot of this stuff got passed at a federal level, it would be dramatically worse for a lot of the northeastern cities that aoc represents, which to me is deeply odd in these proposals. I just want to know where in this bill, what is she going to give to the 50,000 people who didnt get jobs with amazon in Long Island City because of her and a couple other people . What about those people that she screwed by amazon not going there . Look, weve discussed this a thousand times. This might as well be called government give away. Thats all it is government give give give. Ive got news for you, government only lives because of what the people give the government, our taxes, and they continue to abuse us, and they continue to try and grow and run things. Thats what put head winds in front of the economy. Marxist socialist need to be unelected and out. We need to get people who understand what economies work off of. David the problem she is to a certain extent the wind in the sails of the Democrat Party right now. They may pare it back a bit what she says, but she gives them sort of the marching orders. No question. Whats astounding to me is you have senior democrat senators running for office who jump on any bandwagon she trots out. Im sure they will bite on some of this stuff. We were talking during the break, warren i think lub the candidate warren i think will be the candidate, how does she walk this stuff back . I dont think most americans are on board with what shes saying. It will be a long walk back. David should police really be driving electric cars . Wait till you hear about this. . Nationwides teamed up with amazon to bring you the allnew echo auto. Youre gonna love this. Alexa, add xylophone to band shopping list. alexa okay. We dont need a band shopping list. Join nationwide now and get a free amazon echo auto. Patients that i see about dry mouth. They feel that they have to drink a lot of water. Medications seem to be the number one cause for dry mouth. I like to recommend biotene. It replenishes the moisture in your mouth. Biotene definitely works. [heartbeat] david the weakness of green power, police in freemont, california have a few tesla patrol cars as part of a Pilot Program to help reduce greenhouse gasses, but while one of those teslas was in the middle of a police chase, the officer sent out a mayday to nearby squad cars just slow down to six miles of battery on my tesla, so i may have to lose it here. Now other officers took over the chase, but they lost the perp, so is this a warning about going all green, gang . You know, dave the president has joked in the past about what if youre watching tv and its powered by windmill and the wind goes down the tv goes out its a joke but this is actually it happened and it happened in a place of public security. Look, technology is good if it helps man, not the environment, but mankind, and maybe at least at this point given the technology is still so limited in kind of Mission Critical situations, you have a real engine, and not a plugin like a tesla when it comes to catching crooks. Its a funny story but there is a fact that electric cars has absolute unbelievable of course up and torque because they dont have the mechanics to get in the way of the 060 so if you had a much more effective as they were charging these cars correctly, they go a lot faster and are a lot more efficient at getting to high speeds and doing a chase. David they sneak up on you without you hearing them. They are good chase cars. I think probably this is a pretty amusing story and it doesnt tell us a great deal about whether electric cars are the future or not but going back to the have, in places where wind power has been very promoted and has become a bigger part of the power grid, it does happen that the wind doesnt blow and they do have power outages, so thats a separate issue. It is real. Tesla is amazingly fast, i agree with zach and how about the Police Officers just checking on the electric before he gets in the car, just like i do my gas. Logic. David but we were just talking about aoc and the Green New Deal she wants to go completely fossil fuel free in 12 years. Okay, about the police cars i get it but what about planes . I dont know of many planes that operate on Battery Power do you . Not yet. And david this goes back to the obama administration. There is an active effort to subsidize what in many applications is just low quality technology. The chevy volt we talked about that literally for years. And for it on consumers. David good to see you that does it for bulls bears thank you so much for watching well see you next time. Liz the markets taking impeachment in stride again today, as President Trump wore this that markets would crash if democrats impeach him. Wall street pros now ballparking multiple scenarios jpmorgan warns we are on now ground what the top wall street pros say tonight and we have a heightened state of readiness for saudi arabia, the pentagon sending a Patriot Missile defense system, four radar units and 200 personnel to saudi arabia, to defend it against potential attacks. Also the pentagon put three more units on prepare to deploy orders that story tonight to d. C. Chaos growing,
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