Out the procedure by which the investigations current wily underway are to move forward. The president and his allies called it a sham, comparing it to sovietstyle justice that is unfair to mr. Trump and not consistent with impeachment probes of the past. The president tweeted after the vote the greatest witch hunt in american history. Weve heard that once or twice before. Meantime, democrats continue taking depositions including the first from a person who was actually listening in on the phone call that put the whole impeachment probe in motion, Lieutenant Colonel alexander vinman. He said the transcript of that call released by the white house had some important edits in it. Republicans, however, say none of the edits were senate. The were significant. The person who could bring the most tension is former National Security adviser john bolton who exited the administration in september after repeated clashes with the president over foreign policy, including crew crane. The Panel Announced they want him to testify next week. So once again the big question this week is where are we in the impeachment process . What is to become of President Trumps presidency . And what could we expect from the president as the process now moves forward . Well, here the discuss all that and much more is someone who doesnt need much introduction, Anthony Scaramucci was for a short time ten days, i think the Communications Director of the trump white house, and hes founder of skybridge capital. It was 11 days, gerry. Dont shortchange gerry eleven days that shook the world. You and i had a good, we were in the oval office together on one of those days. Gerry yes. The famous photograph of you and reince priebus. It was a wednesday, i i know i was only there for one wednesday. Gerry lets get on to the president , because exactly, you did serve the president. You supported the president very vocally i was on his transition team. If. Gerri one of his most vocal supporters x then you have become one of his most vocal, vociferous critics. What happened . Well, and again, i was fired over two years with ago, and i maintain loyalty to his agenda and to the republican agenda over those two years. But youve had this slow burn, if you will, in many Different Things. The press is the enemy of the people. You dont look like the enemy of the people to me. The separation of women and children at the border, there were many Different Things where i had to say i disagreed with. The last straw for me was basically the four congresswomen where he was saying to people that they needed to go back to country they originally came from. Three of them were born here, all four democratically elected into our congress and told my italianamerican grandmother when he got here to go back to country where she came from, its racist, nativist trope. I think its dishonorable. He went after my wife as well. And after giving him three years and, you know, a tremendous amount of money, too much money for me to even admit to because im embarrassed by it, i think enough is enough. So the content and the policy are now being totally outweighed by the style, the characteristics, the personality and what hes doing on foreign policy. Gerry but for me gerry people change their minds, they do it all the time. A facts change, but again, youve gone from being, you know, a strong supporter in a short space of time. You tweeted on the 3rd of july that the president was going to win 40 plus states. That was on the 3rd of july. Explained to me, you said tell me why im wrong x. Then just quickly, and then just this week on halloween you tweeted, as you have done many times in the last couple of weeks, you said real donald trump, president , a total embarrassment. Again, why this passionate so lets go back. And i maintain this. And that was in context of if they puppet elizabeth warren, and put up elizabeth warren, and this was obviously before the impeachment inquiry, before we understood the disavowal of the constitution. Gotta go back to july, we didnt know about the lawlessness. If they put up elizabeth warren, and i still maintain this, if he survives the impeachment inquiry and they put up elizabeth warren, i think he will beat elizabeth warren. Will he beat her by 40 states . Back in july, yes. Can he beat her by 40 states today . No. I think hes politically wounded and is in jeopardy as a result of the facts that have unfolded since that tweet. The total embarrassment is the relationship to what hes done to the country and how hes handled himself. You just have to think about this, whatever you think of him, its clearly not a witch hunt. He has actually broken the law. You can look at the transcript gerry how has he broken the law . How has he broken the law . Its a foreign violation. You cant go to a foreign inti i have and ask a head after state gerry thats still arguable. The investigation was related to what happened the ukrainian role in what they may have done in the 2016 election and how they possibly, in some peoples view, may have helped democrats. Okay. Why dont we stipulate this for the sakes sake sake of our a argument, i believe the information that i have, invite me back as it unfolds in the public hearing, and i hope well prove prima facie that he broke the law. Thatll be up to republicans to decide if they want to step to a higher level of patriotism and recognize that the country was set up so that all of us were subservient to the law. If you allowing one person to come above the law, i think thats going to be very damaging to the country. Gerry just quickly again on this issue of the president s character, you said you gave a very eloquent answer when i firsted asked you about what changed your mind, and he said in particular some of the thing he said about those four congressmen and you as a child of immigrants felt that strongly, the racist trope that people have used in the past. Are you actually really saying that was the first time, when he said those things, that you were really so concerned about the president s character that you went from being a supporter to being an opponent . I would encourage you and every one of your viewers to read my Washington Post editorial where i louis dated all the steps that took me to where i am today. And i also admit that i did some moral equivocation on the president , as many republicans have. Theres no way you can look at prima facie elements of his character and personality and say, okay, those are acceptable things. What you do is you hold your nose, and you say, okay, the choices are between secretary clinton im a lifelong republican and candidate trump. So you hold your nose and say, okay, im going to go with this person. The scales are those policies versus his character, and now im telling you it came to the conclusion to me that the character has far outweighed the elements of the policy. Hes destroying the western alliance. Hes brought down and disrupted the entire international gerry the western alliance hes racially charging the nation. Gerry hes trying to get european countries, nato members to do more in their own defense. I think a lot of people would agree with that, the europeans for a long time with the exception of the british, frankly, have not and one time i actually explained this to the president , he disagrees with me, our grandparents set this thing up, the postworld war ii architecture to make sure that the United States had, by a big factor, the largest, most superior military. One of the reasons why we were reluctant to push people on nato and reluck about the to arm and nuclearize places like japan is we didnt want people to get too much we felt we were going to make the benevolence of our democracy to help suppress conflict in the world. Gerry and we did, right . We had nato, we won the cold war. But it was, again, the United States, countries like germany and the earth netherlands and increasing arely people like france, i think when you say destroying the western alliance, i think a lot of people [inaudible conversations] but lets talk about how hes doing it. Very simple. You can reset every relationship, every alliance, every situation, frankly, domestic or otherwise needs to be reset and recalibrated. But the coarseness of the style, the going to g20 up in ottawa and machine gunning everybody and negatively tweeting about the canadian Prime Minister and heading for singapore to visit with the north korean dictator. The style of the personality and the content and the delivery is shattering to a lot of people. And so hes got a 69 disapproval people in just people discuss liking him, and its way more in europe. Its not necessary. Gerry coming up, well talk in more detail about the impeachment investigation and the kind of reactions we might expect from the president. Stay with us. Fact is, every Insurance Company hopes you drive safely. But allstate actually helps you drive safely. With drivewise. It lets you know when you go too fast. And brake too hard. With feedback to help you drive safer. Giving you the power to actually lower your cost. 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With audible originals, theres something for almost every taste in there. Everything you ever wanted to hear. Our ability to empathize through these stories can be transformational. Its my own thing that i can do for me. Download audible and start listening today. Gerry im back with Anthony Scaramucci. Anthony, on the president s impeachment, likely impeachment. You think he broke the law, you said that already. Not a single republican in the house this week voted for this impeachment procedure that the House Democrats are pushing forward. What is it that you see as someone who used to support the president that you think he needs to be impeached which not a single House Republican is able to see . Well, why did they not vote for it . Gerry yeah. Okay, well, its political selfinterest. Theyre looking at the tea leaves and saying their bet is best made with him. The other issue is that the president s a bigtime bully. He has very low selfesteem. If you go against him, he hammers them on twitter, and its intimidating to normal people that the president of the United States would hammer you on twitter. Gerry so theyre all cowards . Politically ec expedient. Theyre not cowards. There will come a teem when theyll time when theyll break from him. When he gets down to a 28 approval rating, theyre going to cut and run. This is all borne from political selfinterests. Youve never felt worse in your life when the president s calling you an unstable nut job job gerry i havent had had that. Thats what those guys are afraid of. They dont want to get primaried from the right, and they dont want to get knocked out of what would i call the trumppublican, if you will. James madison, who wrote those articles of impeachment, is probably spin anything his grave dish spaining in his grave. They probably thought thered be more valor gerry i think people would say is, again, yes, you may have what you said about some of those republicans may be true, but a lot of them will say, and ive had conversations with them, these are thoughtful people some, by the way, are stepping down next year, so theyve got no particular vested interest in running, theyll say, look, what the president did with that ukrainian phone call wasnt wise, he exercised poor judgment, but we remove a president from office for that less than a year before the people get to decide . Theres 193 nations in the united nations. President s been president for almost three years. Do you think he had one phone call like that or do you think there are many phone calls that have been stuffed into that super secret server . [inaudible conversations] i know the guys personality. Im willing to bet a large amount of money that there isnt just one phone call like that. Gerry so you think hes trying to get other countries around the world to help him get reelected . No question. And what we know about him from people like general kelly and others, we know theres a certain amorality. General kelly saying, hey, i was trying to help him, and if he put a yes man in place, he was going to end up getting impeached. You get impeached for doing things that were dishonorable. The signal from general kelly was, hey, this guy is capable of this level of amorality and this lack of judgment. For me, its a fitness to serve issue, its a judgment issue. We havent even gotten into the policy discussion about pulling the troops out of the kurdish area gerry right. But really against the interests gerry weve never impeached a president running for reelection. And if this process goes through, itll probably be early into next year. We will be into an election year. Shouldnt that really be an issue for the people to decide . I think if you want to be a country that abides by the rule of law and you want to make sure that everybody in that country is beneath the rule of law and that a standard is a super high standard, then it really doesnt matter about the timing. When Ronald Reagan broke the amendment and we had a proxy war in nicaragua, you know what the difference is . He admitted he was wrong. Gerry maybe its the president just admitting that would certainly help the president. But hes not capable of doing that. Tier right. It has to do with his character and his approach towards things. Hes damaging the country, hes hurting the hard and soft power of the country, and he probably wont be removed, but i think its a good thing theyre doing by impeaching. Gerry well take another break there. Up next, we will talk about the economy, President Trumps role in it and whats powering the stock market and what effect that may have on his reelection prospects. Stay with us. 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With the sleep number 360 smart bed you can both. Adjust your comfort with your sleep number setting. So, can it help us fall asleep faster . Yes, by gently warming your feet. But can it help keep me asleep . Absolutely, it intelligently senses your movements and automatically adjusts to keep you both comfortable. Will it help me keep up with him . Yup. So, you can really promise better sleep . Not promise. Prove. And now, during our veterans day sale, save 1,000 on the new sleep number 360 special Edition Smart bed, now only 1,799. Only for a limited time. Muckgerry my guest is Anthony Scaramucci. Lets talk about the economy. You said earlier on that when you think about the president S Performance in office in terms of policy and effects against his judgment. We talked a lot about his character and his judgment. The economic record is pretty strong. Weve just had numbers showing strong job growth, strong wage growth, economy grew just under 2 in the quarter, not great, but much better than some people feared. Its a pretty strong record here now for three years of you say its a very strong record because the president was tweeting in 2012 about a 33. 9 president 1. 9 growth in the obama economy, he said it was anemic and the economy was in trouble. I actually dont dislike the economy here. But you spent 2. 25 trillion to try to get growth up, you only got two quarters of growth that lee tated. Youve levitated. You have had the Federal Reserve cut Interest Rates three times now x theyve also begun an assetpurchasing situation again, so you know theres underlying weakness in these numbers that we all gerry more than ten years into expansion. Normally at this stage you would be seeing all kinds of stresses in the economy, were not. Again, three years into the presidency, you can argue about im trying to be as objective as possible. I like the president s deregulatory policies, the delivering of the administrative state, i like a lot of the judges that were selected including the two Supreme Court judge withs. Really just trying to be objective. But the deficit spending and the inconsistency on trade has actually hurt the economy. Look at the Investment Capital numbers. The president had a historic opportunity to create symmetry in the chinese trade representative. We recommended a 2 increase in tariffs for ten quarters and given the supply chain and Business Leaders large and small the opportunity to adjust themselves. He wasnt capable of doing that. Reason being is he doesnt listen to anybody gerry right. Youre going to run the risk offing is him for another five years in the office by himself with his twitter feed, i think thats very dangerous gerry but its a choice. A lot of people do have reservations, in the end, its going to be a a choice between the president and his record, character and Economic Performance and the democrats. And a Democratic Party [inaudible conversations] if they dont put up elizabeth warn and they put up somebody more moderate and more seven tryst do you think biden could win . Well, i think biden has been struggling, but, yes, i do think he could win because of the blue collar nature to joe biden. I think Pete Buttigieg could win, it doesnt take [inaudible] [inaudible conversations] gerry the party is medicare for all, green new deal, raise taxes, regulations, take on wall street. Is that going to be an attractive message in. No, the best thing President Trump has going for him right now is whats going on in the Democratic Party. And if they puppet a Democratic Leadership Council sort of a person, a bill clinton circa 1992, they would roundly beat President Trump. And so this is one of the good things that he has going for him. If he can survive the impeachment, and i predict he will not, i predict that there will be a waterfall of information that comes out over the next 36 months gerry is he going to be removed by the senate . I think hes going to resign from office by march of next year, and i think the democrats are going to be running against a different sort of republican that will beat them, whether its a Nick Cay A Hale hi or larry hogan, theyll be running against somebody thats more normal. Any functioning adult, actually, i think would beat most of those people. Gerry thank you very much, indeed. Fascinating thanks, gerry. Gerry well, just ahead, as the economy does continue to grow, voters will have to decide how much theyre willing to risk that when they go to polls next year. Ill explain. To the outside world, you look good, but you dont feel good. With polycythemia vera, pv, symptoms can change so slowly over time you might not notice. But new or changing symptoms can mean your pv is changing. Lets change the way we see pv. You track and discuss blood counts with your doctor. But its just as vital to discuss changing symptoms as well. Take notice and take action. Discuss counts and symptoms with your doctor. Visit takeactionpv. Com gerry this week produced more signs that the economy is in healthy shape. Total Economic Activity grew at just under 2 . Now, the thats not spectacular, but it defied all the talk about a possible recession dominating much of the media. In october the economy added another 128,000 jobs despite the strike at gm which resulted in thousands of workers being idle. Wages continue to grow at a healthy clip. The u. S. Is now well into its 11th year of growth, and it looks increasingly like the Strong Performance will present voters with a critical dilemma in next years political rex. Democrat election. Democrats are proposing radical change. Elizabeth warren would, if shes elected, raise taxes, increase business regulations, upend much of wall street and fundamentally change the balance of power between workers and employers. Now, many voters may like the idea of these changes and many are clearly unhappy with some of the things President Trump says and does. But whatever they think of him, they are going to ask have to ask themselves, do they really want to take the kind of risk that a radical change in Economic Management would represent for their and americas immediate prosperity . It may, in the end, be that calculation rather than whatever they think about impeachment that will determine what happens just one year now from this week. Thats it for us this week. For the latest show updates, be sure to follow me on twitter, facebook and instagram, and ill be back next week right heren the wall street journal at large. Thank you for joining me. Barrons round table sponsored by this week Harley Finkelstein on how the company is helping retailerses fight back against amazon. A barrons exclusive. Why the sec is finally investigating, and barrons experts discuss how to invest in china despite ongoing trade tensions. Barrons round table starts now. Welcome to barrons round table where the sharpest minds on wall street meet to get behind the headlines and prepare you for the week ahead. Im jack otter. We begin with what we think are the three most important things investors should be thinking