Transcripts For FBC The Journal Editorial Report 20240713

Coerce, extort or bribe an ally into conducting investigations to aid his Reelection Campaign and did so by withholding official acts, a white house meeting or hundreds of millions of dollars of needed military aid, must we simply get over it in. Here we are, were supposed to take these people at face value when they trot out a new batch of allegations. Anyone familiar with the democrats scorched earth war against President Trump would not be surprised to see all the typical signs that this is a carefully orchestrated media smear campaign. Its nothing more than an impeachment process in search of a crime. Paul lets bring in wall street journal columnist and Deputy Editor Dan Henninger and columnist kim strassel and bill mcgurn. So, dan, the adam schiff posed those statements in the form of a question. But as i read this, his statement, the rest of it, theres no question in his mind, hes already concluded that the president is guilty of whats been, theyre putting together here. Yeah, thats right. And presumably theyre holding these hearings to convince the American People of the same thing. What you normally need to do, though, is to convince the members of the other party. And there were members of the other party during the impeachments of bill clinton and richard nixon, the opposition party, who supported the articles of impeachment. In this case, this is turning out to be a wholly partisan event which is to say theyre calling it an impeachment, but this is basically a political strategy to suppress the president s support out there. And i dont have any problem with democrats raising ukrainian issue as a political issue and presenting it to the American People as a reason to not vote for donald trump. But that is not what is going on here. This is the grave process of impeaching a president. Its going to go forward with virtually, so far as i can tell, with no republican support whatsoever. Paul kim, the democrats are putting together a factual argument running this shadow Foreign Policy on ukraine with rudy julian pny and a couple of other people trying to get the president of ukraine to start an investigation of joe and hunter biden in return, the allegation goes, for a resumption of aid which they alleged had been stalled. Military aid to ukraine. And the promise of a meeting with President Trump. Are they making that case on that factual basis . Well, look, what you just outlined, paul, we already know the basic elements of it because we have it, the call transcript. We know the president was interested in, to some degree, into having ukraine do an investigation into his actions in 2016 and potentially into the actions of hunter biden and burisma. We know Rudy Giuliani was pushing for this. He did publicly, openly on television for months as well as working with ukrainians. So they can put together additional people saying we knew this, and theyre trying very hard to tie donald trump directly to the withholding of the aid, etc. I think the problem that they fundamentally have here is that in then end the aid went to ukraine, and no investigation happened. So there was no quid pro quo. And thats why you instead see democrats using new words in this like extortion and bribery and coercion. Its not clear that that call in any way amounted to that, so i dont think theyre making that case. But this is where theyre headed with it now. Paul yeah. The it is interesting, bill, the quid pro quo phrase has vanished. And i think not only because [laughter] its vanishing right. Paul remember that. A lot of those the classes. But theyve now gone to, apparently, they had according to one report in the washington post, they had focus groups which says right. Paul that that doesnt work to persuade anybody, so lets roll out bribery and extortion. They sound bad. [laughter] right. Paul the question is, is this actually evidence of a bribe or extortion . Right. I mean, and they have tested it, and that poll, i think, was the Democratic Congressional campaign committee, and they were looking in districts, battleground districts for their members who might have won in a trump district. And they found that bribery resonated more. Paul again, i think at the end of the day theres going to just be facts. No favor and no withholding paul was it a bribe . I dont think so. I mean, i think it was i think a lot of this could be put in the category of mistakes, clumsy, not things i would do. But i dont see how its an Impeachable Offense to overturn an election. Paul its interesting to me, dan, theyre not pointing at any statute when they say bribery x. The Justice Department has already written that there was no thing of value exchanged to make it, for example, a Campaign Finance crime. And thats also what is required by a precedence to be a bribe. What about extortion . Well, its the same thing. You can get into a parse this legally and get into a legal debate over whether it qualifies as extortion or as bribery, but the fact remains that it doesnt add up as we all say in these impeachment things to the smoking gun. Bill clinton lied to a grand jury. That was a crime. Paul and he had to concede it. He had to concede it. Paul because it was right before everyone. And richard nixon, you had the missing parts of the white house tapes and so forth. That was the smoking gun there. None of these things add up to a clear smoking gun where everybody says, i get it, the president did something that was absolutely, clearly, a violation of a federal statute or a crime. If they dont have that, theyre just not making the case for impeachment. Again, they can make a political argument against donald trump every day of the week. Thats legitimate. But they havent closed the case on impeachment. Paul kim, republicans are saying that much of the testimony so far is secondhand. Nobody has talked to trump directly, they heard it second or thirdhand and saying its hearsay. But doesnt that create the risk for the president if the democrats do find a witness who actually did talk to the president and the president told them directly, yeah, lets withhold the aid until this happens . Yeah, look, in the end, i think what theyre going to have to do is pivot here and Start Talking about problems with what democrats are actually alleging happened and the extortion and bribery case and make the case of exonerating the president on that rather than trying to just pick holes in the witnesses. Thats not necessarily the best strategy. Paul yeah. Okay, kim. All right, were going to keep talking about this in the next block. With eight more witnesses and three more days of public impeachment hearings set for next week, can democrats sustain this impeachment push, and what can we expect when a trial in the senate bumps up against the 2020 president ial race . Well, i dont think theres any question that we have to take up the matter. The rules of impeachment are very clear, well have to have a trial. Trial. Trial. Do you recall, not long ago we would walk on the sidewalk all around the wind blows we would only hold on to let go blow a kiss into the sun we need someone to lean on blow a kiss into the sun we needed somebody to lean on all we need is someone to lean on but he wanted snow for thelace holidays. So we built a snow globe. Ill get that later. Dylan but the one thing we could both agree on was getting geico to help with homeowners insurance. What . Switching and saving was really easy i love you what . Sweetie hands off the glass. 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Trelegy 123 save at trelegy. Com over the next few weeks, were going to have more witnesses like weve had today that the democrats will parade in here, and theyre all going to say this so and so said such and such to so and so and, therefore, weve got to impeach the president. Paul public hearings in the impeachment inquiry set to continue next week with eight more witnesses scheduled to testify over three days including President Trumps ambassador to the european union, Gordon Sondland. This as Majority Leader Mitch Mcconnell said this week that the senate will have to take up the matter and that it is, quote, impossible to predict how long an impeachment trial would last. Bill, so let me go to another bit of testimony here late in the week, marie yavanovitch, pardon my ukrainian is bad if. Right. Paul during the friday hearings was testifying, and donald trump tweeted during the hearings [laughter] which adam schiff immediately pointed to and read the tweet attacking her right. Paul and there are now intimations of witness tampering. Right. Meaning a possible article of impeachment and everything paul smart move by the president . No, i dont think it was a smart move, but i think that everything he said is true in the tweet. I wouldnt have done it, and it just but i think this is a drama, and were going to have these bursts every other day, and therell be something tomorrow. Paul well, you know, kim, the best advice donald trump has received, i think, from anybody here so far was bill clinton. He went on cmn to say, look cnn, look, the way to comport yourself is to say im doing the work of the American People, my lawyers are handling it, and you build up credibility by behaving like a president. And so interfering like hes preoccupied with his impeachment during the hearing, i think its just selfdestructive. Yeah. Well, the other benefit of that approach too, paul, is that you remind americans in doing so that democrats are not doing the work of the American People at the moment, and youve seen some republicans trying to make that case saying, look, weve got trade deals that need to move, weve got spending bills that need to get finished, weve got, you know, possible areas of cooperation where we could be getting things done on prescription drugs or infrastructure if you folks went obsessed with impeachment. So i think hed do himself a lot of good if that were his approach. Paul this president simply cant stop himself, and i think its going to hurt him, dan, i really do. Mitch mcconnell in the senate saying, basically, weve got to have a trial, and we dont know when that would start, december or january depending on when the house impeaches. Do you think that is the right strategy, or this because he doesnt really have the votes to dismiss . No, i think its probably the right strategy. I mean, youre going to have more hearings here in the house. We dont know which way theyre going. President trump sent them off in his own direction on friday, so i think, ultimately, youre going to need a trial in the senate at which in that trial theres going to be an issue on the table that the democrats in the house are never going to discuss, and that was Hunter Bidens role in ukraine and burisma. There are some details there that need to be opened up, and that will come out of a senate trial. And that could last all the way through january, and at the end of it the American People are going to have to make a judgment about what they think about all this. But theyre only getting half the story with these house hearings. Paul yeah. Ing thats a Risky Business for some of the Senate Democrats who are running for president. Half a dozen, i just cant remember. Theyre going they want to be out in iowa, New Hampshire, south carolina. Right. Paul they have to be in the Senate Sitting in their chairs right. Now, they come out and comment for the record on tv, but, you know, i guess though how long do the republicans really want a trial to go on . In. I mean, thats a good question. Well see at the end of this, you know, i presume hes going to be impeached. I think that was decided when mrs. Pelosi, you know, set this in motion. So well see what the senate does. You mentioned we dont know when the trial will start. Bigger worry for democrats is when it will finish, right . [laughter] go into iowa. I thought, by the way, that Andrew Weissmann of bob mueller fame paul the deputy under mueller. He felt the first day was kind of a dud for the democrats x he said democrats have to decide what they want to leave the country thinking. And they have to make the case why the president should be impeached and removed now rather than wait for an election. It was i seldom find myself on the same side as Andrew Weissmann if, but i think that is the challenge they have. Paul kim, is Gordon Sondland next week, is he probably the biggest, most crucial witness here . Because he has probably had more conversations than anybody else with the president. Is that your view . Yeah. Look, i think whats going to be important next week is that what weve heard up until now are career diplomats. And it was obvious today had some issue with the trump administrations general approach toward the ukraine, and so theyve been somewhat critical in that regard. I think next week were going to get some more political appointees, people who were closer to the president. Gordon sondland, also kurt volker, some political folks appointed in other areas of the government. And thats, i think, going to add a little more to the defense of the president if their depositions are anything to go by. Paul all right. Thanks to you all. When we come back, yet another democrat jumps into the 2020 race with a tillexpanding field stillexpanding field. What it says about the fate of the Democratic Party a year before vo the flock blindly falls into formation. Flying south for the winter. They never stray from their predetermined path. But this season, a more thrilling journey is calling. Defy the laws of human nature. At the season of audi sales event. Great riches will find you when Liberty Mutual customizes your car insurance, so you only pay for what you need. Wow. Thanks, zoltar. How can i ever repay you . Maybe you could free zoltar . Thanks, lady. Taxi only pay for what you need. Liberty. Liberty. Liberty. Liberty. groans hmph. food grunting menacingly when the food you love doesnt love you back, stay smooth and fight heartburn fast with tums smoothies. Tum tumtum tum tums colon Cancer Screening for people 50 and older at average risk. 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He joins former new york city mayor Michael Bloomberg who announced last week that he is considering a run. Were back with Dan Henninger, kim strassel and Kyle Peterson. Tiel, youve been looking at Deval Patrick whats the rationale hes offering to get in at this late stage . Well he, i think, sees himself as goldielocks candidate. You have Bernie Sanders and Elizabeth Warren, two candidates who are promising to fundamentally change the american capitalist system, and the candidate in fourth is pete buttigieg, the 30something mayor whos dynamic but hes very young. So the theory is that Deval Patrick can come n hes 63, a twotherm governor, hes progressive, but hes a capitalist that, you know, hes worked for private enterprise, he has some experience there that he can come in and unite these factions of the party. Paul all right. Kim, are you buying that rationale . Do you think its going anywhere in. Im not buying at all. [laughter] heres how i see Deval Patrick, he is another progressiveliberal candidate among a sea of progressiveliberal candidates. And, you know, im just not quite sure how he would distinguish himself. Look, i think one thing that he will be able to say is maybe a little bit of executive experience, right . Which would, you know, put him off from some of the senators that are running. Paul right. But beyond that at least in terms of policy, i just dont get the rationale, and also hes late, and hes going to have a fundraising issue too. Paul mike bloomberg, he doesnt have a fundraising issue, hes going to spend money on antitrump ads right off the bat, and he could spend a billion dollars easily, and itd be pocket change. Yeah, a ride on the subway for mike bloomberg, which he doesnt do. No, i think thats right. But i think an important issue has been raised here, if i could pick up on the goldie lox metaphor. Were looking for candidates like Deval Patrick who says im not too far left or too far right, but as kim pointed out, theres no policy vision here. And i think thats one of the problems that the nonprogressive candidates, not bernie or Elizabeth Warren are having. The centrist democratic vision now really is no vision. Its essentially more of the same paul its kind of warren lite. Yeah. And theres just no there there. And thats, i think, one of the reasons theyre having trouble getting elevation. Meanwhile, youve got Elizabeth Warren over there going so far left, shes just simply insulating herself if from attacks on the left and assuming that if she gets the nomination, democrats in the general party are going to have to vote for her. Paul and speaking of senator warren, weve got part of an ad here that she has rolled out this week. Lets look. It is time for a wealth tax in america. [cheers and applause] ive heard that there are some billionaires who dont support this plan. The vilification of billionaires makes no sense to me. She would ruin what we have. She probably thinks more of cataclysmic change to system as opposed to tinkering. Well, im most scared by Elizabeth Warren. Paul all right. So, kim, clearly she is using billionaires as a foil and particularizing it, personalizing it, denigrating them. Smart . Well, its very Elizabeth Warren. Its pure populism. And this is what shes been running on from the start. When she first got in this race, her goal was to be the liberal version of donald trump and to generate and channel the rage of average americans against the system. I think one problem he has though is this she has though is there a lot of americans want to succeed, they value achievement, they value success. Thats different from the their view that government is, in fact, rigged against them. That was Donald Trumps message. Well see if Elizabeth Warrens version of it works. Paul a little irony here in one respect, cooperman and black fine, kyle, theyre democrats. I know Lloyd Blankfein a little, if ive been in debates with him, hes no conservative. And yet thats not sparing them from any, from these attacks. So what does that tell you about just whats going to happen to anybody who has money in a warren presidency . Well, Elizabeth Warren has explained that [laughter] in excruciating detail in, i think, about 58 plans now. But what i think is so funny about this ad is remember in the debate a few weeks ago, she was very surprised that anyone could think of her as punitive. [laughter] now on her web site shes selling a coffee mug and the words billionaire tears, hard to get more punitive than that. Paul you and i remember well, we werent alive then, fdr. You take an industrialist at that time, now a financier or somebody, and you put them up and you denigrate them, and you say that they, you know, you intimate Insider Trading x. You make them the targets, and you can essentially try to destroy them. Yeah. Well, unfortunately for Elizabeth Warren, its not the 1940s anymore, at least i dont think it is paul im not so sure, dan. Im really not. I think were going back there. Well, yes, for progressives and leftwing democrats. The question is are people in the center who are going to decide this election going to sign on to what shes proposing. The wall street journal this weekend is reporting that her tax rates on multimillionaires and billionaires add up to over 100 . That is confiscation where im coming from paul yeah, that would qualify. [laughter] so are the american at least the people in the center, independents and so forth, are they really willing to sign on to confiscating the earned income of all these people and basically taking them out of the economy . Paul i wish i felt confident about that answer, i really do. 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Its pretty substantial and a real manufacturing recession and certainly in parts of manufacturing. What are you doing to try to have that pop back here in the next year . Well, look, a couple things on that. First of all, as you well know, we have been very hard hit by severe, overly severe monetary policies in 2017 and 2018 without any inflation. So i really think the fed slamming on the brakes at exactly the wrong time, big mistake. And i think it hurt the hard goods area. It hurt other areas but not nearly as much as hard goods. The other thing most recently and the quarter just ended and maybe the Fourth Quarter too, you had the gm strike, you had the boeing problems with their new airplane. That should straighten itself out by the first quarter, so thats got hurt. Number three, a virtual recession in europe, a virtual recession which did a lot of damage to our manufacturing exports. Im not here to deny that the china tariff paul right. More has had an impact. But as ive said a hundred times, its a minimal impact on this country. Theyre the ones who have had to slash prices, theyre the ones who had to the slash their currency, theyre the ones who are losing supply chains left and right. Their economy, i dont know if you saw the latest batch of numbers paul yeah, i know, there theres no doubt about it. I want to ask you [inaudible conversations] a little optimistic, my friend . Paul okay. Just a little optimistic, because the fed has taken its foot off the brake, so thats a very good thing. Tremendous Consumer Spending numbers, tremendous employment numbers. I mean, with revisions and so forth almost 300,000 jobs in the last month. And one point i just have to make, we are in the midst of an American Worker boom. And this is such an important point. An American Worker boom where in just two and a half years average real incomes after tax up about 5,000. Thats per family. And under the Prior Administration actually, let me go nonpartisan. Under the prior two administrations, their numbers were flat. Were up 5,000. Thats a worker boom, and thats because the president has defended our economy, and hes going to continue to do so. Paul so, dan, you heard larry kudlow. How strong a case does the president have on the economy as he runs for reelection . Well, i think its probably the strongest case he has along with the Supreme Court appointments. I mean, i have just been so struck, paul, i think we thought the tax cuts or the Corporate Tax rate cuts would work, deregulation would work, i would never have guessed it would create as many jobs as it has and especially bringing down the Unemployment Rate for black and hispanic americans, single women and wages rising for these people. Thats kind of the point of politics. And donald trump, if as good a salesman as he is, has got to out and appeal directly to those people and compare that he did to the economy to what the democrats are likely to do. If that Unemployment Rate starts going back up for back and hispanic americans, you know, that is just going to be a big problem. Paul so when youve got the faster growth and, remember, in 2015 and 2016, we almost came into a recession. The recovery was long in the tooth. President trump comes in, deregulation, tax reform. Basically saying business, you know, were open for business again. You get up to 3 growth, you get really tight labor markets, and thats flowing down across the economy. Right. Look, i think i agree with dan. The two big issues that mobilized Republican Voters were judges and the economy. And he delivered. But the question is, will it still be delivering next year. We say is trump going to run on this hes already running on it. [laughter] every rally he talks about the unemployment, but i think he needs to pick up larrys point about growth because the criticism is its a sugar high, this growth just helped Hedge Fund Managers and not ordinary joes. But that figure about average income going up, thats a huge plus for the average worker out there. Paul but that point was true during the obama recovery because so much of it was rooted in Monetary Policy that goosed asset prices. And that was people who have assets, not people who earn income. What weve seen is wages are gone up. Now, the problem in the last year or to so, six, nine months or so has been the trade policy uncertainty, in my view. And i know larry kudlow doesnt want to admit this, but i think its affected investment, and that has got us back down to 2 growth. The question is now will it bump back up to 2. 5 or maybe even 3. I think it would definitely drive it back up. I mean, the thing that was so surprising, every month the jobs reports come out not as strong as a year ago but, nonetheless, still exceeding economists expectations. It is an extraordinary phenomenon. Paul well, and people are coming off the sidelines. You know, people who had decided its easier to work than take government benefits better. Still ahead, the Supreme Court hears oral arguments in one of its biggest cases of the term with the justices weighing President Trumps authority to end obama era protections for socalled dreamers. Socalled dreamers. Only one things more exciting than getting a lexus. Wow giving one. How did you guys. . Dont ask. The lexus december to rembember sales event get 0 percent apr for 60 months on all 2019 models. Experience amazing at your lexus dealer. Peyton, what abrad, welcome to peytonville. Whats this for . Song inspiration. I started in my garage, but nationwide protects so much i had to expand. Nationwide helps protect everything you see in here, brad. Every family, every business, every dream. See mrs. Hoffman . Nationwide protects her home and car, but also her dream of retiring to become a yoga instructor. Oh, they have backstories. Of course they do. Here, i got more to show you. Keep up, now. A little hustle. groans hmph. food grunting menacingly when the food you love doesnt love you back, stay smooth and fight heartburn fast with tums smoothies. Tum tumtum tum tums paul the Supreme Court hearing oral arguments this week in one of the most closely watched cases of the term with the justices taking up the question of when President Trump can end protections for young immigrants known as dreamers. The administration is appealing Lower Court Rulings that blocked its 2017 plan to rescind the deferred action for childhood arrivals program, also known as daca, which the Obama Administration created in 2012. Were back with Dan Henninger, or Kyle Peterson and wall street Journal Editorial Board member alicia finley. Whats the argument . Well, theyre saying that these are unsubstantive rights that the dreamers have, they have the right to legal status, work permits, and trump rescinded these rights without going through notice of comment as required under the administrative procedure act. Paul so let me understand this. President obama could, by an executive act and using prosecutorial discretion, they said, as the justification, he could do it, but trump cant rescind it . Well, thats exactly it paul why not . Thats one of the many logical inconsistencies in their argument. Theyre saying that president obama used his Enforcement Discretion to shield these 1. 7 million dreamers from deportation, and under the law or under rules, regulatory dhs rules, they are also allowed to get work permits. So it cites a provision of the law that grants the president wide or very broad discretion to set immigration priorities and ostensibly theyd shield dreamers because they were young, they were brought to the country before they were 16, and they dont present a criminal threat. Nobody chief Justice John Roberts pointed out in the oral arguments, nobody is disputing the president s authority to on a casebycase basis to shield someone or prevent them from being deported. Its doing it for a broad class of individuals. Paul is in any hint from the oral arguments where this is going to go . Well, i think the solicitor general at the end of the oral arguments realized that the justices were very troubled by some of the, i mean, very sympathetic. There are, quoteown quote, real lives at interest here, but i think he gave them kind of a fallback as they try to understand, like, how square these different positions. Well, you just rule that daca is unconstitutional, you dont have to decide whether President Trumps order is unconstitutional paul so that would mean, dan, basically decide the original sin, if you will, it was president obamas tank ca decision x that would sort of wipe the whole thing clean, start over. Start over, meaning forcing essentially the legislative branch to readdress this and come up with a solution. And this is, indeed, a public issue in search of a legislative solution. There are about 700,000 of these dreamers, 1,000 of them are serving in the military. In fact, they do pay federal taxes. They pay about 3 billion a year in federal taxes plus social security. And that has added up to a lot of sympathy for them. 65 of republicans think they ought to be given work permits. You would guess that this is something that the congress could work out at this point, and if the Supreme Court throws it back to the congress, then possibly well get a solution for the dreamers. Paul yeah. And just to add to that, to dans point, the obama decision basically said come on out of the shadows, you know, register, youll get the work permit. But its only for two years. But till people who did that still people who did that put their trust in the federal government. And now you could get the government turning around and saying, sorry, youve got to go back to guatemala, to mexico, when they were brought here as children. So they may not even know anybody there. Theres really, i think, a moral obligation to do something to legalize them, in my opinion. And when judges intervene to block trump, they basically took away the momentum that was building for a compromise. Right. And you could get, you know, the administration turning around and then the new administration turning back around. So that was clearly weighing on the justices too. There was a lot of talk about whether President Trumps move to end daca is reviewable or not by the courts. So the Supreme Court could say, you know, this is Enforcement Discretion, this is not reviewable by us, which means that the ending of daca goes into effect, and if president warren or President Biden comes in, then they could rescind the rescindment and put daca back into effect. Then the red states are going to sue, and youre going to have six more years of limbo. Paul yeah. This cries out for a political compromise with congress and the executive. When we come back, hong kong braces for more violence this weekend as clashes between prochem prodemocracy protesters and police escalate. 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Paul hong kong is bracing for more violence as tensions between police and prodemocracy protesters escalate. A Police Officer shot an unarmed student protester at close range earlier this week as demonstrators attempted to disrupt the morning rush hour. While a man arguing with protesters was set on fire later that same day. Chinese state media is warning protesters that they are, quote, on the edge of doom. The wall street journal editorial page writer jill january melcher has been traveling to hong kong and is with us. Welcome. What is the reason for the escalation . I think there are two reasons. One is many protesters have a perception that the Police Violence is escalating. Were talking about many more casualties and much more serious casualties. Paul is that fair . Yeah, i think thats absolutely fair. And then more high level, you know, Chinese Communist Party Official met in late october and came out with a plan for how theyre going to handle hong kong, and its greater integration into the main lan and a very aggressive plan to force through some of the things that sparked huge protests paul are there any concessions at all they are considering for the protesters . Are they meeting any of their demands . So they withdrew the extradition bill. I think that would have given an opportunity to start moving toward the status quo, but youve seen signaling they are not going to how a return to the status quo, in fact, theyre going to double down, and hong kongs freedoms are going to continue to disappear. Paul theres going to be District Council elections later this month, it is one of the, a sign of representation. Yes. Paul and yet the chinese have band or the government has banned joshua wong, democracy activist, from running. There are suggestions that maybe and theres a threat from the Chinese Media that the elections could be canceled because of the violation. What would be the hong kong reaction to that . It would not be good. So weve seen a huge surge of people registering to vote. People would much rather express their discontent at the ballot box than in the streets. And i think that if the government is looking for a pretense to hut this down, its its to shut this down, its only going to further enflame passions. Paul one of the things the communist party is talking about is theyre going to focus on Patriotic Education for the chinese students. Now, you and i both know because we lived there, students from Chinese University of hong kong and hong kong university, they have liberal educations, you know, just like anywhere in the united states. Right. Paul and thats one of the reasons that theyre demonstrating right. Paul they want to retain their rights as citizens. So what, so this is essentially saying were going to, you know, make a hong kong education propaganda exercise. Yeah. I mean, theyve been trying this for a while. Hong kong was my home for ten years. It was where it was my first home when i was married, i became a father and so forth. I think its doomed now. And i think paul you think hong kong itself is doomed. Itll be a rich city, but it wont be the city of opportunity that you and i knew, the shining city there. And i think the problem, what gillians saying, the larger problem, the police have behaved like goons in a lot of but the larger problem is i think the government doesnt understand the rage that people have. And the people are enraged because theyre treated like criminals. If you and i we all know if they left hong kong alone, it wouldnt be a threat to Mainland China at all, but theyre insisting on this. And i think people are just tired of being presumed that theyre criminals. And what i worry about now is that, you know, the communists could fix this by giving autonomy thats not what communists do. And i worry paul giving autonomy that they promised and i worry now that the peaceful protests have yielded to more violence, i dont think young men with molotov cocktails is the path to the kind of hong kong we want. So it looks like a greek tragedy just directed on this terrible i think its a crisis for the chinese and xi jinping. I mean, the chinese are arguing that they want to be recognized as this great power, they want respect in the world, and yet hong kong has become a global emblem of what the Chinese Communist system has to do to hold power. It is increasingly brutal methods to keep people in place x. I think that is really causing significant is going to cause significant problems Going Forward for xi jinpings plans for the countrys future. Paul jillian, the congress is actively moving to act on this, passing a bill that would do what . So we treat hong kong differently than we treat china in a number of ways, customs, visas, how we deal with banking. Paul easier cooperation, basically. Yeah. They get privileges that Mainland China doesnt enjoy. Paul right. This would basically say if china starts to blur the distinctions, those privileges can be revoked. And in addition to that, officials who commit human rights abuses, who participate in renditions to china could face sanctions. So its a way of putting some political accountability paul and these magnitsky sanctions which have been imposed on russians and others, they limit travel, they confiscate their assets overseas. Dodo you agree with that, bill . I agree with the sanctions part because, you know, the mischief, even carrie lam, im not thrilled with the substance because i think we should be trying to emphasize hong kongs difference. But what the people in hong kong are looking for is just some show from the u. S. , we hear you, were on your side. I mean, im hearing reports that the british might consider honoring more passports for Hong Kong Chai nee. Z i would like to see more of that paul how about a quarter million [laughter] come to new york. Paul you dont think that they would bring talent here . They sure would. We have to take one more break. When we come back, hits and misses of the week. vo the moth without hope, struggles in the spiders web. With every attempt to free itself, it only becomes more entangled. Unaware that an exhilarating escape is just within reach. Defy the laws of human nature. At the season of audi sales event. When we were looking he wanted someone super quiet. Yeah, and he wanted someone to help out with chores. So, we got jeanpierre. But one thing we could both agree on was getting geico to help with renters insurance. Yeah, geico did make it easy to switch and save. Oh no. Theres a wall there now. Thats too bad. Visit geico. Com and see how easy saving on renters insurance can be. 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And they werent saying much. Thats what we do at 3m, we listen to people, even those who dont have a voice. We are people helping people. Paul time now for our hits and misses of the week. Kim, start us off. Paul, this is a hit to a number of cities disout that are finally diging into the problems of teen marijuana use. Weve got one showing the incidence of marijuana abuse among youth is higher in states where its legal. Another showing a higher incidence of heart arrhythmia among young users. Another shows theyre at higher risk of stroke. So this is not an argument for or against legalization. Rather, its an acknowledgement that any kid drug use is problematic and if states will continue rushing into legalization, we have an obligation to understand what that means for society. Paul gillian. My miss goes to new york citys licensing regime for mobile food cart vendors. This last week we saw a woman selling churros, a mexican he desert, in the subway get handcuffed. She was trying. She was taken away by police. They give out 3,000 mobile hood food vending cart licenses. Its a way for restaurants to restrict competition. I think it hurts Small Business people like this. And new york should be encouraging that. Paul allysia. This is a miss to the new museum capitalism on display in new york. Its a retrospective look at celebrating the end of capitalism. It ha has artifacts, like energy bars, cheeseburgers, items stamped with property is theft. The biggest exhibit in the museum is the gift shop where you can buy tote bags and other items. Paul kyle. A hit to Bernie Sanders, defender of american property rights. He was asked about a mandatory buyback for ar15s, he said thats essentially consistent c, which is essentially unconstitutional. Thats coming from a guy who wants an 8 wealth tax. At least on this issue, hes the moderating force in the democratic primary. Paul you think confiscation will stop being an issue in the primaries . Probably not. Good to hear still. Paul thanks, kyle. Thank you all. Remember, if you have your own hit or miss, be sure to tweet it to us at jer on fnc. Thats it for this weeks show. Thanks to my distinguished panel and to all of you for watching. Im paul gigot. Hope to see you right here next. From the fox studios in new york city, this is maria bartiromos wall street. Maria and happy weekend. Welcome to program that analyzes the week that was and helps position you for the week ahead. Im maria bartiromo. Thanks for joining us. Its an all texas show this week. Coming up in just a few moments, the head of the dallas federal reserve, robert kaplan, is here. Then later, one of the most influential figures in pro sports, mark cuban. He is with us as well. This week the white house signaled that negotiations for an initial u. S. china trade deal are in the final stages, but President Trump is not ready to sign anything yet. I spoke with commerce secretary wilbur ross about the u. S. chin