Facebook, amid antitrust scrutiny facebook is going on a charm offense with republican lawmakers and now, Mark Zuckerberg and one of facebooks board members, a major trump donor had a secret dinner with trump. This is corruption, plain and simple. This is how the government keeps working for corporations and the wealthy and the wellconnected its no wonder the Companies Like facebook have been allowed to consolidate economic and political power without any real accountability. Jonathan does she have a point . David for Elizabeth Warren, billionaires are corrupt, everything about them is corrupt they steal, they cheat, they exploit and despite the fact these two men are tremendous businessmen, youd think its in the president s interest to meet with potential businessmen. Elizabeth warren wouldnt stoop to having dinner with them its such hipocracy david. President obama met with tech executives in secret in 2014 and Elizabeth Warren herself met with jamie dimon. Hes a billionaire too back in 2017 but just the animosity and the anger she brings towards men like these, these successful entrepreneurs, it just is to what real American Values are all about. I dont think you answered the question and that was whether it was corruption and we cant weigh in because were not legal counsel, but let me finish youre going to use president obama as a precedent and then youre saying warren met with jamie dimon. Is she president . No. We dont know what happened during those meetings. What about tim apple . I mean, tim cook the fact he asked for 15 exemptions when it comes to the tariffs he got 10 of them after meeting with President Trump of course we are not discounting the strength of what these men and women have accomplished in their careers and their companies but at the same time, theyre lobbying for the benefit of their companies, theres no doubt about that and i think that youre just gleaning right over that. Wait a minute are they lobbying or are they informing . Isnt it important . Informing. Informing the president , talking about business issues, trade issues, things that he needs to know about. I think this is pre post usually stupid. Were not supposed to have meetings between Business Leader s and the government leaders that goes on all the time. The fact that it wasnt made public, my guess is Mark Zuckerberg would face criticism within his own organization if in fact this had been revealed as its described but we talked yesterday with tim cook meeting with President Trump how beneficial is that for shareholders of apple, employees et cetera. This is i think just a completely idiotic argument. Well you know, i guess the opposite of christinas point, i think it would be neglect of duties. Lets think of a billionaire, hold on, who has billions of followers. He would want to meet with them. Thats the president of china. David christina . President x is a billionaire with billions of followers, zuckerberg has actually more followers than there were chinese. You would want the president to meet with that person to be, i dont understand, in any way, shape, or form how its corruption. I never said that its corrupt and im not questioning the meeting. Well im questioning the content of the meeting. Thats the argument. How could we even question the content of the meeting, look im sure, lets a scribe zuckerberg with evil motives. Im sure hes log lobbying. Thats what any governor would do, leader of a foreign country thats when youre meeting with the president. David jonas . And zuckerberg isnt corrupt because hes a billionaire, its because of corruption, hes immoral because he is a billionaire. Thats Elizabeth Warrens whole beef and billionaires are by definition corrupt and christina i think your point is well on. The real corruption comes when government gets in bed with business when they pick winners and losers and that weve seen time and time under both president s but the fact the president wants to have dinner with a successful business person and you call that corrupt by the way he hasnt done anything particularly beneficial for facebook, thats just ridiculous. By the way when President Trump met with the head of various unions including the uaw, was that corruption, because my guess is they were pursuing their own interest too. This is just as i say, this is part of doing business and being an informed head of state. I mean, i really dont understand how you can, by the way, obama did try to run the United States without ever really spending much time with Business Leaders and it didnt really serve the country very well. Jonathan you said it perfectly at the end but well move on with a statement from facebook responding to this entire thing. The statement is and i quote, as is normal for a ceo of a major u. S. Company, mark accepted an invitation to have dinner with the president and the first lady at the white house. So do we think that they are pretty much saying nothing which you are all alluding to that they just met . Well look, of course they didnt meet, zuckerberg is there for a reason, just like tim cook is there for a reason. So were all on the same page. But the fact is slightly against jonathans point is it corrupt when president s get involved with specific companies or businesses . No, because thats what president s do. They have to. Look were going to talk about the u. S. Mca trade agreement. You could make the argument that thats corrupt because it favors some businesses over other businesses. Thats what the president has to do. Gary well go back and roll the tape of you going on and on and how terrible it was under president obama. We can roll that tape if you want. But wait a second yes, i agree. But wait a second that was a governmentrun thing. This is the government being involved with private Industries Im not saying that its just the fact of the matter. David let me just chime in. Ive got to chime in in favor of the employees of these companies it is the responsibility of the president of the United States to take issue, with anything that could effect the employees when there are thousands if not millions. I mean, think of all of the residual employees in apple for example. Now is Elizabeth Warren going to scream that hes doing something corrupt by meeting with tim cook and talking to tim kukin private when it might effect the jobs of millions of americans . I mean, this whole idea that her idea, i believe, that anything that the president does with the Business Community is corrupt. I dont think it would matter who it was with, right . Actually, yeah, youre spot on with that. Theyre using any opportunity the president meeting with somebody behind closed doors and not revealing it to attack, yes, so to your point, yes. Billionaires are the worst of the worst. Regardless, but jonathan the point you made before i really agree with the fact that if they start to actually change their policies to appease just a few billionaires because theres money coming in, and changing it , then yes. This is big tech and what we know from all of the congressional hearings about facebook and google most Public Officials dont know anything about big tech. They dont know how it works or what the participants look like and were on the cusp of this big rollout of 5g around the world. The president has really made a strong case that the United States should be a leader in that. What is a better idea than sitting down with people that might know something about it. One thing they do know about facebook is it skews very far to the left. Whenever there is a conservative within the organization they scream about how they are surrounded by leftists. I think that its a good thing that the president is trying to air out the leftward tendencies. I have to make one point. I think with all due respect, christina, i think that its almost laughable when we say that its corrupt when a president favors i didnt say its corrupt. You did say that. Roll the tape please. I didnt say that. From now on you will have said it. Youre putting words in my mouth. No im not. You said it was corrupt. David accept what everybody is saying right now. Here is my point. We didnt call obama corrupt when he bailed out and president bush when he bailed out the Auto Industry. Wrongheaded as jonathan and i would agree yes. Stupid yes, corrupt you cant say that. David we got to move on. Today was the final day of public impeachment hearings before the House Intel Committee so what did americans learn from it all . Well be asking chad pergram live from capitol hill, chad is next and raring to go, folks. Im a regular in my neighborhood. Im a regular at my local coffee shop and my local barber shop. When you shop small you help support your community from after School Programs to the arts so become a regular, more regularly. Because for every dollar you spend at a Small Business, an average of 67 cents stays in the community. Join me and American Express on Small Business saturday, november 30th, and see how shopping small adds up. 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 with tums smoothies. vo thewith every attempt, strto free itself,piders web. 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. But shouldnt somebody this is be listening . Pression. So. Lets talk. Were built for hearing whats important to you, one to one. Edward jones. Its time for investing to feel individual. Thats unfair. Its not fair to interrupt the witnesses as you have done. Youre the only person that has unlimited time. You have absolutely unlimited time and the only one that has abused that power. David the only one with a gavel that he could make noise with, tensions running high as you could see as impeachment hearings continued into their fifth and final day of public testimony before recess congress drilling two key additional witnesses and fox news senior capitol hill producer chad pergram joining us now. Chad, support for impeachment, according to the most recent polls is dropping now, and in some cases, reversing in terms of independents who are much more against impeachment than they were a couple of weeks ago. Does this have any effect on nancy pelosi or other democrats . Reporter well nancy pelosi has to be very careful to make sure that if they do forge ahead that they have the votes. Shes very good at counting the votes and we can kind of take our cues from where she is. She knows where her caucus is and also if they can make the case to the voters. She has a lot of talent there and you might not agree with her politically but shes pretty good at that. Now that said as we head into this week and a half period here its going to be very critical over thans giving. People eating stuffing and turkey and pumpkin pie. I mean, probably having some arguments at the table frankly here. Where this goes, theres probably not great polling that comes out over the thanksgiving poll holiday but this is a central debate at the dinner table for thanksgiving and then members on both sides have to be very careful understanding where they are when they need to come back. I always talk about the 31 democrats who represents the districts that President Trump won in 2016, where are they on this, and for that matter, there are some republicans out there who are vulnerable too. The risk for them is could they be perceived as being overzealous when theyre in districts that are swing districts, david. Chad, liz peek here. Ive heard rumors or speculation veering on one end that nancy pelosi was going to string this out and more hearings and more testimony and it elongates the process and on the other side maybe she was going to pack it up and call for the house. Do you a scribe to either of those theories or what do you think happens . This reminds me of the conversation had in late 1998 there was chatter here at the capitol they may try to censure president clinton. Its not an official way to discipline the president not in a constitution that that is an official form of discipline one of three formal modes of discipline in the house between reprimand and thats why that gets battered around up here. We havent heard anything definitive on that. That said, democrats seem to be hedging their bets just a bit as to what happens next, and at the beginning of the segment we said this was the last formal open public hearings. We dont know if the Intelligence Committee could do more, or do they take time and write their report and send it over to the Judiciary Committee, which could either have open hearings or could they actually write the articles of impeachment and the reason democrats might be hedging their bets here is can they get the testimony of john bolton. Theres that lawsuit out there, and could that come forward some time in the next two or three weeks, do democrats want to keep their powder dry and if they get to bolton as a key witness, maybe then they go to the judiciary or maybe have bolton come into the Judiciary Committee frankly. Chad, gary smith. I want to propose a theory on why the poll numbers are going more and more for non impeachment. I think the average person in the heartland quite honestly finds these hearings tedious. You cant binge watch it like most people are used to. Its more boring than the game of thrones and now going into the thanksgiving break, all momentum if there was any momentum is going to completely fizzle. People are now tired of this because were used to watching all the episodes in one night and moving on. Thats why i think its changing , but im interested in your opinion. Well, you know, i had a moment of this on monday night. I was trying to watch the washington capitols and the anaheim ducks. Hear me out on this. Im a big hockey fan and i was trying to prep for the hearing on Tuesday Morning and they dumped two more transcripts on us from witnessed closed door deposition almost 400 pages and i had to rifle through that and im like i dont have time as a journalist to go through this, but here is the problem. If journalists are having trouble keeping up understanding whose who and everybody else, its really a problem for the public to distill and fillet this every night and then make an opinion. That is a challenge for the public and thats the problem for democrats because this is a very complicated story with foreign names and capitols. It really is david even democrats. We had democrat congressman kild ey on on a Different Program and even he said people care more about deer hunting than whats going on in washington. Game of thrones is complicated but fans are cring ing a little bit but chad another thing we need to talk about House Speaker nancy pelosi saying even if everyone agrees or agreed on the u. S. Mca today, there still isnt enough time to ratify and youve got robert lighthizer, the trade representative who met with the speakers today so what are you hearing about this progress if i can even say that at this point . Part of it is the idea that once they submit the finalized deal and its not been finalized to congress a 3045 day clock depending on how you calibrate it starts to run, so guess what . They are out until the second or third of december, you also have christmas so why would you want to submit it and start that clock running in december when youre not able to maximize the time because congress isnt going to be here. Maybe its better to take another week or two, get it set, and then submit it maybe in mid tolate december and vote on it in early january. That would help them with that time clock. David chad if only for the sake of your own sanity im glad they are finally on a break on this situation. Thank you very much chad for joining us. Appreciate it. Charles schwab meanwhile is looking to buy Td Ameritrade but here at fox business we continue to be invested in you so how will this new story impact your wallet . We have more details coming next limu emu doug hour 36 in the stakeout. As soon as the homeowners arrive, well inform them that Liberty Mutual customizes home insurance, so theyll only pay for what they need. Your turn to keep watch, limu. Wake me up if you see anything. [ snoring ] [ loud squawking and siren blaring ] only pay for what you need. Liberty. Liberty. Liberty. Liberty. My body is truly powerful. I have the power to lower my blood sugar and a1c. Because i can still make my own insulin. And trulicity activates my body to release it like its supposed to. Trulicity is for people with type 2 diabetes. Its not insulin. I take it once a week. It starts acting in my body from the first dose. Trulicity isnt for people with type 1 diabetes or diabetic ketoacidosis. Dont take trulicity if youre allergic to it, you or your family have medullary thyroid cancer, or have multiple endocrine neoplasia syndrome type 2. Stop trulicity and call your doctor right away if you have an allergic reaction, a lump or swelling in your neck, or severe stomach pain. Serious side effects may include pancreatitis. Taking trulicity with a sulfonylurea or insulin increases low blood sugar risk. Side effects include nausea, diarrhea, vomiting, belly pain, and decreased appetite, which lead to dehydration and may worsen kidney problems. I have it within me to lower my a1c. Ask your doctor about trulicity. Its time sleep numbermate sleep360 smart bed. On the you can adjust your comfort on both sides, your sleep number setting. Can it help keep us asleep . Absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable. And snoring . No problem. And done. So you can really promise better sleep. Not promise. Prove. And now during the ultimate sleep number event, save 50 on the sleep number 360 limited Edition Smart bed. Plus 0 interest for 24 months on all smart beds. Ends saturday david fox business own Maria Bartiromo breaking the news this morning, Charles Schwab expected to buy Td Ameritrade for 26 billion. While we are still waiting for confirmation for the Companies Look at this combined assets worth 5 trillion have really boosted these stocks as you can see today, but the question for consumers out there, is this a good or a bad thing for the consumers, what do you think christina . What were seeing so far is the massive disruption in the industry the fact theyve removed all of the fees. Ill admit i have a Td Ameritrade account and i have traded more once the fees are gone but what does this mean for consumers once you have the industry that consolidates you cant actually add to that specifically but they highlight ed etfs and how schwab has been trying to put their own to get Td Ameritrade on board, the platform accessible for average Retail Investors could be a way for them to push this forward and compete with the likes of blackrock and really start to see david so you think it would be good for consumers . It would be good for the company. David how much better honestly can it get . Theres never been a better time to be an investor. I can remember myself paying 40 a trade back in the 1980s at schwab and of course the research that you got was old and dusty and all of that. Hey i was an analyst. But thats what investing was like back in the 1990s an some of the tools thats what these discount brokerages offer. I just hope that we could get some sort of deregulation in healthcare. I mean, can you imagine maybe mris would be for free the same way stock commissions are for free right now. You know, people jonathan brings up a good point but in answer to your question, it can get actually can get a lot better. Most people fear, i know there will be talk out there to say were going to have a monopolyly there will be one Trading Company that will rule everything. Actually it almost works the opposite as industries consolidate at least at the beginning, we see the economies of scale, we see new innovative platforms rolled out. We dont know what we know yet but this is a good thing were going to see great things. I also use ameritrade i guess like christina does, and i remember still trading on the touch tone phone you thought that was innovative, so i think it could get there. And i think theres no question this is good for consumers basically youve gotten rid of commissions and as christina pointed out that means trading is virtually free, and also i think that theres a different relationship between your advise or which is now called an advisor as opposed to your broker because they are basically betting fees off your assets and over time that will go up probably but right now they too are very low so theres no big people used to charge their, accuse their brokers of churning their accounts for commissions and thats kind of gone. David and do you know what changed everything folks is this the cell phone. Everybody has at their fingertips something you used to have to pay analysts for providing you with so weve got more competition and information an its good for everybody out there. Well ten candidates taking the stage for the fifth democrat debate, what issues really resonated with voters, lee carter as the pulse of the people is joining us right after this. With sofi, get your credit cards right by consolidating your Credit Card Debt into one monthly payment. And get your Interest Rate right so you can save big. Get a nofee personal loan up to 100k. Get a nofee personal loan thlook at all this ink no more bit comes with. Es. Big ink tanks. Lots of ink. No more cartridges. Incredible amount of ink. The epson ecotank. Just fill and chill. Hi honey, we got in early. Yeah, and we brought steve and mark. Experience the power of sanctuary at the lincoln wish list sales event. Sign and drive off in a new lincoln with zero down, zero due at signing, and a complimentary first months payment. 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. 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Most people think of verizon as a reliable phone company. woman but to businesses, were a reliable partner. We Keep Companies ready for whats next. man we weave security into their business. Virtualize their operations. woman and build ai customer experiences. We also keep them ready for the next big opportunity. Like 5g. Almost all the fortune 500 partner with us. woman when it comes to digital transformation. Verizon keeps business ready. I dont agree with the wealth tax the way that Elizabeth Warren puts it but i agree that we need to raise the estate tax. We need to tax Capital Gains as ordinary income and strategies will increase revenue but here is the challenge. We as democrats need to fight for a just taxation system but as i travel around the country we democrats also have to talk about how to grow wealth as well david corey booker getting praised today for calling out Elizabeth Warrens war on wealth , at last nights debate his campaign announcing it raised over half a Million Dollars in just nine hours, after last nights event. Ms. Clancy and leigh carter joining us so you conducted a survey last night during key parts of the debate as it was happening. How did warrens wealth tax comments go over with the people so the democrats love Elizabeth Warrens wealth tax and i find it fascinating because we spend so much time talking about the wealth tax its impossible. Its not going to pay for things how are the wealthy going to do this and calculate it. Were all getting down in the details and the bottom line is seven in 10 americans wanted to tax the wealthy and so what the republicans need to do, create e strategy thats going to resonate with voters and they dont need to pick it apart because it doesnt work, you have to take a look at how they react and its most important to look at the blue and yellow line , blue being democrats and yellow being independents. When you make it really big, when you make the top of one tenth of 1 big, pitch inchances the thing thats one thing that democrats care about, independents care about and. People understand across this country, our government is working better and better for the billionaire, for the rich and the well connected and worse and worse for everyone else. So you can see there, democrats gave this a b plus and its one of the highlights of the night for those folks they really like this idea of taxing the wealthy. The whole notion this is an economy thats working for billion billionaires the well connected and not everyone else is resonating. David what is an f plus . [laughter] david i didnt know there was an f plus there. Gary here a quick question though. You said the democrats favor the wealth tax and you said the republicans need to kind of shift and come up with an alternative. Do you think most of the democrats that you polled with are aware that the wealthy are taxed the most . That they pay the top 1 is paid like at 90 of the taxes in this country . How much more do they want to get taxed . I hear you i get it but did you see Elizabeth Warren announced selling a coffee mug with billionaire tears like cry me a river . People feel that way and they feel like oh, poor you. You cant afford just 0. 02 more shes got a message and its resonating rather than us pulling it apart what we need to do is play the picture of Something Better and we shouldnt be reacting to her and one of the things i always say is when youre reacting youre not acting, and we need to be the one setting the pace. Its liz couldnt we react by quoting corey booker saying okay lets not take money away from people, lets give more money to people and lets help them earn it and help their education, make them succeed, et cetera. I mean, isnt that the message that republicans really are pushing and should be pushing, its working right now, and, i mean, really stunned that all these radical ideas, socialistic ideas are emerging in a time when in fact the economy is working for everybody, so i dont know, when you see that kind of idea come out, does that resonator not . Yes, exactly what youre talking about. Talk about what youre for, not what youre against, thats what works for the American People by and large. Its interesting because Bernie Sanders did come out last night and he started talking about things people shouldnt be doing and thats just railing on donald trump and thats something up until now weve heard most of the candidates their whole rallying cry has been were not donald trump. Were going to run against donald trump. Were fighting for the soul of america, and all of this bashing of the president rather than talking about what theyre for. Elizabeth warren does a really good job talking about what shes for. Everybody else is talking about donald trump and i think one of the segments last night from Bernie Sanders talks about just that. Oh, and i thought we would play that segment but i had a specific question about joe biden. He seems to have done quite well in the polls, yet he did voice his opinion on violence against women and there was a few laughters because he used the word like punch punch punch. What did you see in terms of the results for that . The thing about joe biden is he is not getting anybody excited but a lot of people are just okay with him. Obviously he had gaf moments and they were pretty painful. But he did what he needed to do. He survived the debate. Debates are not his forum, hes much better one on one but i dont think hes got the momentum behind him. I think he is the front runner because of his name, because hes more moderate and i think it is really anyones game. I do think Elizabeth Warren is the one to watch. Mayor pete hegseth a very good night last night and bernie continues to resonate. Leigh, on that point Bernie Sanders mentioned this needs to be more than just beating trump. You have some, you show us what that looked like . Yeah, absolutely so here is a segment take a look at how democrats reacted to Bernie Sanders talking about how theyve got to be more than just talking about donald trump. We have a president whose not only a pathological liar, he is likely the most corrupt president in the modern history of america, but we cannot simply be consumed by donald trump, because if we are, do you know what . Well lose the election. So you can see here democrat s gave that an a, independents a c, republicans an f. Whats most important though to note, democrats love this message, independents though, when he talked about bashing donald trump, the dial lines went down and that shows me that the democrat the independents are still behind the president. Good news for him, bad news for democrats. Yeah i was really surprised to see that but it definitely did respond that way right . Theres no question about it but liz its like so they wont bash donald trump but billionaires are right behind, i mean, billionaires are easy game easy targets i dont know, what happened to this country . Even the democrats back in the 1980s they used to look up to successful people and bill gates was lying in the 1980s for the innovations and it just seems to be this idea now among democrats of cutting down the tall and taking people with a history of success and cutting them down to size to make them like everyone else. So whats so interesting about this and i really try to understand this and get curious like what is going behind this because i dont understand i want to succeed. I love to have the opportunity to have that kind of wealth, but here is the problem. People think its unfair. They think its about luck. They think its just like why do they get so much and i get so little. Why am i struggling to make ends meet when they get to fly in private jets it seems so unfair. I shouldnt have to pay more than they do. They should take care of everything and then weve got this whole notion of entitlement s and other things that sound good on paper without realizing whats going on underneath it so i think weve got a challenge here in what people really their expectations are but the big idea the one thats resonating the most is this seems unfair, and thats the thing that we need to address is how we create opportunities for all. If you think that running a Successful Company is all luck, go back and look at the results of the globe. Com. That was a 1990s burnout and facebook. Mark zuckerberg isnt lucky. David we thank you very much for coming, leigh, please come back and see us again. I would love to thanks so much. David fox business alert President Trump and the first lady just leaving the white house moments ago. They are now at joint base andrews where they will leave for Dover Air Force base. This is for a dignified transfer of the remains of two american soldiers who were just killed in afghanistan. A very sober event there, remains will be returned home to the u. S. Well amid corruption probes, uaw s president gary jones officially stepping down. What does this mean for the unions and for the Auto Industry well be asking the car coach lauren fix, shes next. Driverless cars, or trips to mars. No commission. Delivery drones, or the latest phones. No commission. No matter what you trade, at fidelity youll pay no commission for online u. S. Equity trades. Only one things more exciting than getting a lexus. Ahhhh giving one. The lexus december to rembember sales event lease the 2020 nx 300 for 329 a month for 27 months. Experience amazing at your lexus dealer. David the uaw officials confirming a story we brought to you yesterday. Uaw president gary jones resign ing from his position as he faces mounting corruption charges. Also yesterday was a racketeering lawsuit alleging that Fiat Chrysler was paying off Union Officials get better contract terms from the uaw. All of this coming as a new report showing that unions are losing thousands of members and millions of dollars in dues. Lets bring in automotive analyst lauren fix is with us, good to see you, lauren so this could be the beginning of the end for the uaw . Well certainly not going to help them. I mean look theres no oversight apparently, theres money being spent millions of dollars changing hands. People are buying ferraris and pools and where is the money going from all of these members paying to get support . They are supposed to get training and that training money is going into someones pocket thats a problem and why they are losing members and also why manufactures are building plants on right to work states. Lauren i feel so bad for these workers. I do too. You mentioned the corruption i know the Union Members are actually paying increased dues at the same time. What is the attitude among the rankandfile when they see the type of corruption at the highest level in the union . I really feel bad for them too. They pay money in so they can get support and theyre not getting support and it causes people not to want to be a member of the union when theres a union vote at a shop that might need a union to support them. They arent going to get that support because they say they are just going to take our money they do need the training sometimes retraining if a plant shuts down and thats really what the money is supposed to be for, not meant to line someones pocket so i feel bad for these people. Its funny david, you started o utility with just the beginning of the end just facts ill ask lauren for her opinion. Union membership as far as percentage of the population was 20 in 1983 and now its 10 and the lowest density as they call it since 1932. Lauren are Union Members starting to feel that slowly but surely, unions are going the way of the buggy whip and eventually everyone is going to be on their own . Well i dont know about on their own. A lot of manufactures are realizing if youre a union to work with our employees give them the benefits they need and the healthcare support, and youre seeing a lot of retirement accounts, you want to take care of your employees or youre not in business, so also right to work states youre starting to see that as well moving the plants down south and sadly a lot of the manufacturing has gone to new mexico. They are building cars there probably more than they are in detroit. Lauren, when we talk about u. S. Mca, and the fact that labor has not been totally on board with this do you hear much about that because my impression is democrats are stalling on this. Does the union really, do unions have a big objection and i think the uaw is particularly involved in this to the terms of the u. S. Mca, do you know . I know the u. S. Mca will really help everybody but it seems like the uaw thinks they have more political power and clout than they used to have and not having the reduction of members you dont have as much cloud and pull and they still have a pack in washington i promise you they are still pushing but i think one of the things really important to note if youre paying in on this you need the support youre not getting it and if u. S. Mca passes which we absolutely need to have this passed as soon as possible youll see a big growth in our economy and thats important. Lauren i want to ask you as well about tesla, later tonight they are officially unveiling their electric semi truck. Some people think this could be a major disruption in the industry. What are you hearing and what do you think about the prospects of an electric semi truck from tesla . Well this is a cyber truck so this is a pickup truck they want to go after f150 sales coming in around 50,000. Ill be watching i wont be there live however everybody is trying to get into the truck market. Ford has been the number one selling f series truck for over 40 years and believe me toyota has tried, honda tried, gm and ram have tried very hard to be number one. Its very hard to beat ford and what they are offering so if you come with an electric track, ford is offering an electric truck coming up in 2021, General Motors is so hes going to have to offer a lot and have pay load , towing capacity and not having experience in the truck market even if you hire people from those companies i think it has a challenge. He seems to think he can get these out by late 2021 or 2022. I dont know, the problem with tesla is their build quality is far from what youre seeing in some of the other manufactures, and if he starts to build a truck and the panels are spacing what ive seen in some of the other vehicles and the paint quality they are never going to be able to make it in that marketplace. Lauren really quickly for our Retail Investors im thinking ford could possibly lose market share because the price points going to be pretty much at the higher end much like those ford trucks and they are like you said, the leader when it comes to the trucks. You dont think that could hurt them . I dont think it hurts that much. Ram is in the mix, even nissan has the truck. Everybody has something in the mix. The problem is its hard to beat the leader if youre blazing a trail, everyone thats following will always be following, and ford has the raptor, everyone they make with a weight lift with a 450horsepower truck, theyve got full three quarter one ton trucks and if tesla comes out with a half ton truck it still doesnt fill that whole Market Segment ford does. They go up to class 5 and 6 series those are the bigger trucks you see like work trucks where the money is. David were all following you and what you say about this, because nobody knows more about cars than you do. Lauren good to see you thank you very much appreciate it. Before we head to break lets see whats coming up on evening edit tonight with elizabeth macdonald. What do you have for us . Liz we have a top border guy on the 2020 democrat trying to regain footing trying to blame President Trump for the border crisis and how she wants to spend your tax dollars to take down the border wall plus more on the forgettable boring lightweight talking points 2020 debate well show you the questions from debate moderators acting like anything but moderators and bring you this whopper that they did not ask about at the debate. No questions about how democrats now want a big middle class tax hike that will hit millions of households and democratleading states and weave got that plus the 2020 democrat who says yes im all for it. Thats coming up. David im getting the suspicion you didnt think much of the debate last night am i right on that . Liz i could go on but i wont. You have to get back to your show. David great to see you well be watching thank you very much. A shocking new survey revealing more millennials are preparing for a life of renting. 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And now during the ultimate sleep number event, save 50 on the sleep number 360 limited Edition Smart bed. Plus 0 interest for 24 months on all smart beds. Ends saturday david sales of previously owned houses rising 1. 9 in october, amid lower Mortgage Rates and a shortage of properties for sale, but more and more millennials say they are never going to own a home. A new survey showing nationally 12. 3 of millennial renters say they plan to always rented their entire life up from 10. 7 just a year ago, so what impact will all this have on the Housing Market and the economy moving forward . Ive got the most interesting thing about the millennial study was that 28 of those people said that they werent doing it, they werent interested in buying a house because they thought it was economically risky so that is a huge change from the past 50100 years where we all thought that was the starter investment that was absolutely guaranteed to put you on the map. David absolutely. I also want to say one other thing. I am convinced this is a driver for the 2020 economy the Mortgage Rates have come down were seeing all of a sudden home sales begin to pick up, permits which no one has reported on were at a 12year high last month that is huge. That tells us its about to happen. I think this is going to be a very big plus next year. I feel like cry me a river every headline blaming millennials for all of their problems like bumble bee, the tuna Company Going under because millennials dont eat tuna and housing we dont buy homes so im an elder millennial. There are several reasons david elder millennial. Its because people think im in my 20s but im not but you have those that enter the workforce later after the recession of 2009 saddled with debt starting their lives later not married no kids so i fall under that category, and then you have the fact that yes, used to think it was a great investment for a home but clearly in 2009 that proved us wrong and last but not least all these boxes its such a shame but i live in an urban city do you know how expensive it is to buy even a one bedroom . Here is whats going to change though. Im going to get rich. No, no, no just like it used to be when i was growing up when david was growing up, people didnt think of their homes as an investment that grew. You thought of it as a home. Why . Because thats where you raised your family. When you get married just like my older daughter did a few years ago and have kids, you will start to think of a home as different. Now millennials do. David you point me out i have to jump in because ive actually always had apartment thes except i have one Vacation Home now, but i used to see it as an investment so i think some people our age do see it as an investment. No, no, no, i dont think most people did and i think when you have kids you will start to see a home. I want roots for my kids. I want to know where they go to school. Millennials are raised on the netflix, the Binge Watching the airbnb. Home will be different. Its okay to rent. This whole notion about homeownership really started if you think about it with bill clinton and barney frank and the whole idea Everyone Needs to own a home and a lot has to do exactly what christina is alluding to the terrible Global Financial crisis and a lot of the millennials being kind of shell shocked when it comes to putting down that kind of money but one thing that has changed is now government is right in the center of Residential Real Estate in this country. David it always has been. Thats what the deduction of Interest Rates is all about. Its encouragement from 60 years ago to get more people to buy homes. Although not at this expense back in 1981 government owned about 7 of Residential Mortgage s and they now own 50 of Residential Mortgages that distorts the market. David we got to go gang but this is an exciting topic well bring it up again. Meanwhile bad news for coldplay fans you might not get to hear their newest album live on a stage near you until they can offer more environmentally beneficial concerts. Weve got details of this coming next. Im a regular in my neighborhood. Im a regular at my local coffee shop and my local barber shop. When you shop small you help support your community from after School Programs to the arts so become a regular, more regularly. Because for every dollar you spend at a Small Business, an average of 67 cents stays in the community. Join me and American Express on Small Business saturday, november 30th, and see how shopping small adds up. shaq chime magenta . I hate cartridges not magenta not magenta. Im not going back to the store. Magenta cartridges are so. buzzer vo the epson ecotank. No more cartridges. It comes with an incredible amount of ink that can save you a lot of frustration. The epson ecotank. Just fill and chill available at. I am royalty of racing, i am alfa romeo. How did you know . Mom. That was taken at the farm. It was in this small little village. In connemara . Right connemara it is. Honestly, we went there oh, oh look at that look at that. But shouldnt somebody this is be listening . Pression. So. Lets talk. Were built for hearing whats important to you, one to one. Edward jones. Its time for investing to feel individual. David british rock band coldplay, releasing 8 new studio album tomorrow, their lead singer chris martin announcing the group is delaying their tour for a year or two until they figure out how to make their concerts carbon neutral. Are you upset . This is an interesting take. Saying future tours need to be sustainable, especially people throw stuff on stage, like straws. In jordan, and london they will sense proceeds to protect the environment. That would be a better approach, have your tour, sell and put money toward causes you represent. They go by horseback i cant imagine. When you grow up oh. David woe, man. You know why they are canceling, same reason Duval Patrick is counseling his town hall. David what is that. No one showing up. I wonder if environmentalists would be happier, honestly if they were dead, no meat, no planes, no cars, more concerts what kind of a life is that. Wow. David i do like coldplay, well see you next time that does it for bulls and bears. Elizabeth headline from today, impeachment hearing, hill testifying it is a fictional narrative that ukraine conducting a campaign against their country, but did you fiona hill have her story straight . Is she missing the mark. We dig into reports that ukraine officials did try to help Hillary Clintons campaign, while undermining trump campai campaign. This as ukraine chief prosecutor, his probe into burisma. And s