Transcripts For FOXNEWSW Cavuto Live 20180602

Weve noticed at the state department and the white house this hour, where theyre still trying to iron out the wrinkles including, brace yourself, who picks up the tab for kim jongun s hotel. I kid you not, well explain, you decide, and theyre already calling it the letter that changed everything from the leader of north korea to the leader of the United States, it wasnt a text, not a tweet, not an email, a letter. Kids listen up and take note. Were going to teach you something about the value of the written word, so put that gadget down and take note of the timing of all of this. The highest ranking north korean to meet a u. S. President since 2000 also the year of the uss coal attack remember that one well its commander sure does, a threat from foreign entities who said they did not but apparently did. The commanders message, of course, talk and trust but keep talking and verify. And keep reading youve got that a New York Times headline right, the jobs report that is too good for words but apparently too much for nancy pelosi to handle. Oh, yeah, about that blue wave lets just say this saturday morning more like Shifting Sands and why some on the left are fearing it has just hit the fan i got that out just the way i wanted to meanwhile we hit the ground running beginning with the latest on the north korea trade talks with rich edson at the state department. Hey, rich. Good morning, neil. State Department Officials have always been targeting a june 12 summit in singapore between President Trump and kim jongun now they can conduct their planning with a little bit more confidence. Isnt of state mike pompeo says its up to his team to bridge the divides between the two sides and put much of that on north korea. The secretary says north korea must make a strategic shift away from a path that it has followed for decades. Officials say north korea believes its Nuclear Program provides its security and its up to the United States to convince kim jongun that his Nuclear Weapons are actually a threat to his regime. Traveling singapore secretary of Defense James Mattis says the u. S. Military presence in korea is not on the table in singapore on the 12th nor should it be. He says thats a matter between the United States and south korea. And as these discussions are ongoing between the United States and north korea, there are also talks between the United States and the russian government about a potential summit between President Trump and russian president Vladimir Putin. A u. S. Official confirms that and says they are in the very early stages of that planning. Neil . Neil all right, rich thank you very very much in the meanwhile reports that the u. S. Is seeking for a discrete way to pickup the tab for kim jonguns hotel in singapore. I kid you not there are reasons for this garrett ten it with some of those reasons and the latest. Garrett . Well neil the u. S. Has a delegation in singapore trying to work out a lot of the details for this summit and they explained even the smallest of details everything from the location to the seating to the colors of the table cloth but the Washington Post reports that one very sensitive issue theyre trying to work out now is who is going to pay for kim jonguns hotel stay. A president ial suite at the resort of choice for the leader costs more than 6,000 dollars a night, according to the paper, and while the north can afford to build Intercontinental Ballistic Missiles it claims its too poor to pay for foreign travel. The u. S. Is reportedly willing to pay for the hotel two sources familiar with the talks told the paper though that would require a temporary lifting of sanctions against the north however, the u. S. Team is also aware the north may view the u. S. Paying for the lodging as an insult, so the delegation is reportedly considering asking the host country of singapore to foot the bill, and we saw this issue came up during the 2018 Winter Olympics in south korea when south korea reportedly paid 2. 6 million for the north to send a cheering squad to the games, and the International Olympic committee paid for 22 of north koreas athletes to travel to the event as well. Neil . Neil all right thank you, my friend thats an interesting one to swallow if we have to do that but it is what it is. Now how do we avoid regardless of who picks up the tab at hotels from being hoodwinked by the North Koreans i asked that at the last go around. Weve been disappointed, some would say by the North Koreans in the past, if you had to give advice right now what would it be . Well it would be if you have an agreement with the North Koreans, do enormously a lot of inspections, International Inspectors, american inspectors. Make sure that their timelines that the North Koreans give their inventory of all their missile and Nuclear Sites many are underground, theyre hidden that thered be very unfettered access to those inspections. Neil all right, bill Richard Richardson was of course bill clint ofs trade rep on negotiating with the first go around the North Koreans did everything right in the beginning and they stopped doing it right and they started lying and they started kicking away inspectors and of course the rest is history. Former uss coal commander, welcome to both of you. You know, commander the timing of our visit is unique in that it was in 2000 that we last had a high ranking north korean delegation visiting the white house, that was also the year the summer that year that the us s coal was hit a preview of tragic coming attractions. What advice do you have for the principles when they sit down . The first thing they need to do, neil is sit down and make sure that they understand from a technical perspective how were going to have an iron clad verifiable process to ensure that we know how many nuke do they have, how many Ballistic Missiles do they have, where are all of the facilities from the Technical Research and development, all the way through the manufacturing of the war heads themselves, then we need to make sure that we can inspect each of those to whatever degree is necessary to ensure that we have a process by which they can denuclearize and we will have control of that process with International Inspectors only assisting. The u. S. Has to maintain control of this, because clearly the iae a has proven unable and unwilling to do it. Neil you know in the past, where it even went later on president bush was trying to deal with the same government and the idea was we want to get inspectors in there to verify this and in the beginning much like the clinton years the North Koreans were all yes yes yes and then they started refusing and then started delaying and lying and cheating and of course well you know the rest of the story. How do we avoid that . Well i think the difference between those times and where we are now is that during that time , i think most of the world thought the Bush Administration was for obvious reasons distracted in the middle east and what were seeing of course now is that President Trump has the credible threat of force, i think everyone thinks he is serious that his defense secretary is quite serious, and that i think is the major difference. As we were involved in two other wars which were still in iraq and afghanistan but i think President Trumps threat of force is more credible this time neil you know, commander were also learning of the white house is working on another level reaching out to the russians about arranging another summit with Vladimir Putin on this one to presumably address syria, maybe take a look at the ukraine but i wouldnt doubt address south korea. What do you think . I think youre absolutely right. I mean leveraging off what morgan just said. When you look at it, the United States now has a president who is willing to exercise with capability and credibility the fact that we will back up all the other National Instruments of power to ensure that we get what we need. Were seeing it in north korea and i think if we sit down with the russians and begin to look at hey, here is where youre involved in the world, here is where it is interfering with our National Security interests, what are yours, what are ours and where we can we come to a negotiated agreement on where can we each do this without endangering the risk of having it getting into a larger conflict so so i think this president with capability and credibility through secretary mattis and the department of defense truly can have meaningful and fruitful negotiations, both with north korea and russia. Neil you know, morgan in hearing this story of course weve not been able to verify but others are quoting it where the North Koreans are looking for some help in picking up their hotel tab when theyre in singapore and im thinking to myself china is a ben benefactor , cant china do that why are we getting bogged down in Something Like that already . Yeah, its kind of a crazy story. I mean, the amount of money that theyre spending on these Nuclear Weapons, ballistic weapons, chemical weapons, biological weapons perhaps one less of those an be able to afford your hotel bill, so its a little bit ridiculous. Neil cant they seek out a cheaper hotel the one theyre looking at is 6,000 dollars a night. I know theres a best western just around the block. Theres got to be. I stayed in singapore and its nice. It wasnt 6,000 dollars a night. Neil so i dont know but these are the things that you find out behind the scenes are going on and the little pet peeves so i dont want to take them out of context but what are your hopes for these talks what will ultimately come of them . I think what were going to see out of these talks, neil is the framework established for a path to denuclearization that will occur very very quickly, hopefully. We want to make sure that it comes at a point where we learn as much as possible during these or at least establish the framework for it, so that we know what they have, how were going to get there and by the same token the North Koreans know here are the benefits that can be accrued. Here is what youll receive economically. Here is what youll receive diplomatically for recognition in the world. This is a whole new world were going to open up for them. They need to understand that, but they also need to understand that there are constraints and requirements that go with it by the same token the chinese are going to have a say in this but theyre not going to be a player at the table. Neil morgan youve worked for the Bush Administration you know a thing or two about diplomacy and how it works this is up ending all the rules diplomacy 101, state department 101 whatever you want to call it and here we are, with a president whose done everything against the book and now, is on the verge of making history and im wondering how that is going to redefine negotiations of future president s going forward. Well, he has so many balls to juggle in asia. When you look at even our allies are not really on the same page. When you look at the japanese, for example, he wants the president to take an incredibly tough line to insist on complete and verifiable and irreversible denuclearization. When you look at the south koreans theyve taken a much softer stance, i should say, than the japanese because clearly theyre the ones that would be most affected by any conflict in terms of loss of life and then of course you have the chinese who really have no interest in helping us at all with the north korean situation. They have to be pushed there. We saw secretary mattis in singapore yesterday at the dialogues there who he was talking about the nefarious activities that you see china do in the South China Sea and how they are intimidating and theres coercion taking place there so i think when you look at the asian theatre as a whole the president has a lot on his plate, not just on north korea, our allies are not necessarily on the same page, so he has an incredibly difficult balancing act but again i think the difference here as you said is hes upending 30 years of the way that we have gauged with these allies, i think in a good way that will lead to results. Neil fingers crossed as i say guys thank you both very very much for coming in on a saturday much appreciated by the way just as they were talking ive dug up at least 13 hotels in the singapore area where room rates average anywhere from 300 to 600 a night, not a one is 6,000 a night. Some are pedigree names but the fact of the matter there are choices here so if we are going to pickup the tab we do have well theres a Howard Johnson ill leave it at that. In the meantime the cost of the russia investigation now at 17 million. Im not here to debate the cost. Im here to take a look at whether that price tag means whether prosecutors go for blood im carl and im a broker. Do you offer 4. 95 online equity trades . Great question. See, for a full Service Brokerage like ours, thats tough to do. Schwab does it. Next question. Do you offer a satisfaction guarantee . A what now . A satisfaction guarantee. Like schwab does. Man scoffing what are you teaching these kids . 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Bumpadum, bumbumbumbum neil im getting emails from some already staying in singapore and reminding us neil dont go cheap because if they get wind of these hotels youre quoting well be there but i must do this for taxpayers in america because thats the way we roll all right were keeping tabs because that is the reason why people think that we might pickup the hotel tab for the north korean delegation but well see its way too early to tell and not a big deal, but i mind it kind of humorous meanwhile its a 17 million tab for the ongoing Mueller Investigation that is as of now. And you know, i dont know what you think of that but im not here to debate the tab and certainly lisa has told me that its not an unusually high tab. In fact this is a fraction of what the ken starr investigation was costing but your argument, is that lets not focus on that. My argument is im focusing on it to the degree that it almost compels those doing the investigating to come up with something. Well certainly a higher price tag, right . It leads to more accountability and prosecutors, look, theyre driven to find a result so theres an investigation, they want to have an answer. Nobody wants to set out on an endeavor and come up with nothing and this investigation, they did uncover certain things, right, 19 people were charged, there were three plea deals but when is enough enough. Neil but would that be enough, lisa to say all right weve justified our expense and uncovered the stuff in areas that we didnt originally pursue that we came up with pursue the ken starr investigation with bill clinton started on real estate transaction and veered into a relationship with an intern and that only came up through discussions with linda trip when she volunteered it, so what do you thinks going on here well i think theyve widened the net. I think they are trying to validate the expenditures certainly theyre trying to engage this investigation into a very larger stratosphere and it does seem to obviously be poly motivated which i think every american can say we dont really want our legislative process controlling our politics, but thats whats happening. I do think that this investigation thus far could be validated and it should come to a conclusion. I dont think obstruction of justice has been proven against the president. I dont think that they have an underlying offense and thats why they keep fishing. You cast the line, you want to hook a fish. They were somewhat successful in the russia probe, but i think that theyre going beyond the scope at this point. We havent heard a lot from mueller in the past two months. We havent heard any new indictments and so youre kind of wondering what is his next comment, what is the next step. Neil im wondering too, about the cost and the need to ran sack offices like the president s lawyers, former Campaign Manager paul manafort, his home earlier in the morning. Those are unusual measures to take and they have to be justified and someone approves them and says theres reason to do that, im not here to debate that but that begs the question, all right youre searching for something to again im getting back to this price tab. Well youre validating the cost of an investigation. Youre trying to come up with something. Of course neil would it be a disappointment if say politicize s to the left and thats all you came up with . I think it would be deemed a disappointment for people on the left. I think it would be a win for people on the right. Neil is that what will come down to . I think it will come down to that. I think it will be extended beyond because we are coming into midterm elections and this is proving to weigh on those elections. I think neil you say extended beyond so we wont have an answer an investigation wrapped up before the midterms . I doubt it. Very doubtful. Neil Rudy Giuliani and others hinted at that. Well i think thats what they would want to see and what we should see. Neil what about the president talking to mueller . You and i were chatting a little bit about this how likely is that . Its probably not likely at this point again theres no underlying offense. I think that its pretty clear that they dont have enough on the president so look, he could speak to them in private but any lawyer would tell him why because its a phishing expedition and theyre looking for something if they dont have it they should conclude the investigation and it should be over. Neil ken starr was here last week and thats essentially what he said. Might not be worth it. Lisa always good seeing you boy shes a great lawyer that justifies the god awful high legal fees involved here because lawyers all rally around it. 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For all the work you pour into this place, you sure get a lot more out of it. You and that john deere tractor. So versatile, you can keep dreaming up projects all the way home. Its a longer drive. But just like a john deere, its worth it. Nothing runs like a deere. Now you can own a 1e subcompact tractor for just 99 dollars a month. Learn more at your john deere dealer. Neil all right, as if i dont have enough to do, giving you the latest news on a saturday morning but i am trying to help out american taxpayers right now and indications reported in the Washington Post that were looking to sway some of the North Koreans concerns about very Expensive Hotel costs when they gather in singapore just 10 days from now. One of the quoted figures was for 6,000 a night to house kim jongun and we immediately said we can do better than that and surely, the staff sometimes i wonder if theyre not on crack, they unearthed some real good hotel deals in the singapore area including red doors plus, average room rate is 76 versus 6,000 and now if you want to go up a tad, i think you could look at the grand mccur, the singapore oxy where its 116 although they do, when i get into this, they do have a president ial suite, which would only be fitting for the leader of north korea, and that might go a little higher but i very much doubt 6,000 so again were keeping tab of that and a lot of hotels in the area and not a one at this early stage as we found approaching anything close to 6,000 a night but im looking out for you america. Youre welcome. All right in the meantime, you remember this . Its one small step for man, one giant leap for mankind. Neil here is how much of a nerd i am. When people ask me about neil what do you remember at the year 196 i know thats the obvious example that comes to mind but what i remember about it being a numbers nerd at fox is we had a 3. 8 unemployment rate. We just matched it in the latest month first time in half a century did this briefly in 200. We are now back to employment levels we were looking at in the 1960s, 1969 that is remarkable. So what does it mean . And given all this attention we have on a suddenly strong jobs report a momentum that seems to be picking up not slowing down, what could that mean to the Political Landscape as well. Lets get the read from all of this with the republican beautiful state of virginia, congressman, you know, that is in and of itself startling and youve seen it certainly in your neck of the woods, but this was supposed to be the year that the slowdown would begin yet for the first five months of this year the job gains have picked up dramatically. Whats going on . Yeah, well its impressive. I know you werent born yet in 69. Neil if that were true, if that were true all right go ahead. No youre so young so its good but its huge if you recall the democrats talking points on tax cuts nothing that happens will hurt people in fact its the exact opposite kennedy knew all of this right . Kennedy said the best way to get the economy roaring is to lower tax rates, revenues are overflow ing unemployment rates are at their historic lows, overall African American unemployment rates alltime historic lows people are coming back in the workforce. The capital accumulation statistics are coming out that is the driver of Economic Growth so capital is up, manufacturing, optimism is up, Consumer Sentiment is up those are all indexes, university of michigan has those so people can look them up, those arent just on a whim, theyre carefully tracked by economists over time so its great news acrosstheboard. I think i just heard the atlanta fed has Economic Growth in the next quarter over four again, ill verify that. Neil indeed they talked about 4. 5 and the minimum maybe 4. 8 now theyve been wrong, but youre almost certain to be right that its going to be stronger than researcher in quarters weve seen and im wondering how republicans handle that, already nancy pelosi is kind of poo pooed this latest number, the New York Times in a headline couldnt find words enough to praise it but its doing too little with the families hit with soaring new costs under the republicans new watch. What do you think of that . I think its absurd the democrats, nancy is reaching there. I just had an event on family breakdown opioids, human traffic king et cetera. All of that is linked to the lack of success and lack of jobs , right . So if we put people back into the labor force, the democrats ruin the economy back in the housing crisis right . Fannie and freddie is responsible for the collapse back in 07. Were finally coming out of that and now youve got a tax cut and real dramatic growth is coming up. Everybody knows whats going on. I fully anticipate African American hispanic, everyone in the country comes to the republican side of the table coming up. Theres just tremendous good news. Everybody knows it, its just obvious, so the democrats will have their talking points, they dont have an alternative so usually they pivot off to identity politics or some negative stuff because they dont have an economic plan, they never have. They cant tell you what causes Economic Growth. We just totally incentivize depreciation for Capital Assets and now you see capital accumulation which causes Economic Growth which causes jobs which causes hiring which causes wages to go up wages are going up for the first time wages have been flat for 30 years, bernie and trump both ran on wages, and until hillary rigged a thing against bernie, and then the establishment kind of took over. Neil but your other wage thing is real running at a 2. 7 clip it could still go higher you almost sound like an economics professor oh, wait you were one. Congressman thank you very very much good seeing you again. Yeah, always great to be on neil thank you. Neil in the meantime here, what could disrupt this . What could be the half empty glass were missing . Well tariffs are one. Big surcharges on things you buy every day is another. That could be happening, but maybe not. Were on it, after this. Oohwee, grab an umbrella kids cause dads gonna make it rain tre tres. Hes saying hes gonna score a bunch of threepointers on you. Yeah, we ball til we fall. There are multiples on the table one is cash, three are fha, one is va. So what can you do . Shes saying a whole lotta people want to buy this house. But you got this Rocket Mortgage by quicken loans makes the complex simple. Understand the details and get approved in as few as eight minutes. By americas largest mortgage lender. 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Eliquis, the number one cardiologistprescribed blood thinner. Ask your doctor if eliquis is whats next for you. Cardiologistprescribed blood thinner. Dear freshpet, zooka had digestive problems and wouldnt eat. Then i fed him freshpet. Youre smart,eat you already knew that. But its also great for finding the perfect used car. Youll see what a fair price is and you can connect with a truecar certified dealer. Now youre even smarter. This is truecar. Neil all right, this hotel in singapore, a Little Pricey than the ones we mentioned is 470 a night, it is considered one of the more elite hotels in singapore, and weve been trying to do this and fetch prices here , on word from the Washington Post that we might have to pickup the tab for the north korean delegation or more to the point the north Korean Leader not only do we have a problem with that if it gets people at a table well pay for the table but my point is i think there are better deals to be had than 6,000 a night. That is like david asman kind of money and i think we can do better my friends and at 470 a night offers that i dont know if thats a standard room rate perhaps if its a large delegation we did get still better deals but wed come up with anything from as low as 75 a night to right now tops at 470 , you know i dont have time to do all of this for you but youre welcome, america. [laughter] neil ill keep you on top of that. All right in the meantime, we have a great economy, but we also have a potential trade war coming and some republicans are getting nervous take a look. These tariffs, i believe, hit the wrong target. Europe, canada, mexico, are not the problem. China and its ship ams and unfair practices are. Neil that was house ways and Means Committee kevin brady and what hes bemoaning is the fact that the president is quite serious about slapping tariffs on steel and aluminum products that largely skew the chinese for now but are considered to be an opening via our friends, of course the germans are upset about this, the canadians and mexicans virtually the entire European Union so theyre all making it clear that they dont like this. This as the commerce secretary wilbur ross is dining in beijing tonight with the vice premier talking about these and other issues, and were told as well that the chinese are not just going to roll over and play dead on this. Lets get the read on how significant this could be if this does turn into a trade war, Dagen Mcdowell is here, david asman, among with market watcher , all right dagen how big a deal is this potentially going to be . Dagen its already a big deal youve seen steel prices shoot up about 50 in the last year. This introduces the uncertainty we would be sitting here if it was president barack obama wed be pulling our hair out. It introduces uncertainty into the Business Community when we finally got good news on tax cuts, Regulatory Reform the job market as youve been pointing out is actually picking up steel despite being more than nine years into an expansion, but again, for american businesses that use steel and aluminum and anybody who exports to canada or mexico into europe, those businesses are sitting back going whats going to happen to my sales . Whats going to happen to how i source my material . Am i going to have to cut wages and slow my hiring and these are questions that are not being answered and this administration wont be able to answer them for months if not years to come. Neil what do you think david . David i think what dagen is saying is absolutely true. Everything is true; however as much as i hate tariffs and the europeans hate tariffs they hate tariffs if we put them on but they have a lot of tariffs of their own. We put together a list of the tariffs that they have just on steel, iron and aluminum for most favored nations they have 1,200 tariffs on most favored nation countries those are their friends, total eu tariffs are about 20,000 for most favored nations, so while they hate tariffs, when we apply them they have no trouble applying them themselves. Neil theyre i guess the idea that if itll never have to be used, the deal will be had beforehand. Well its all part of the negotiations but here is what i see, neil. If we dont do something now, when are we ever going to do anything . Were just going to accept trade deficits, thats how it is . We have to have the lowest tariffs compared to all of our trade partners . No. I dont know if its by accident or if trump is a genius but the timing is perfect. We have a strong economy, now is the time to straighten this issue out. If we dont do it now, we will be in a weakened position perhaps somewhere down the line. Its the right time to do it. Nobody likes tariffs, but we have to address the issue. Neil kennedy i know youre in the trump is a genius category. [laughter] oh, boy, so i dont know if hes a genius but he is riding the momentum right now of unemployment at an alltime low so the momentum is wonderful and now is the time to pull what an economist is saying a psychotic trade war now is the time to do do it, break trust relationships that have taken centuries to build. Neil i saw democrats love shielding industries. Well we dont like hurting our relationships with canada and mexico our biggest trade partners. Neil you dont mind propping up solar or tax to favor treatments to things that you like right . [laughter] i was discussing trump being a genius and the timing being wrong. Neil okay well you raise a good point but is the larger issue here that be careful what you wish for mr. President because you just could get it and then of course its a war . Dagen its heading in that direction certainly going after canada and mexico and europe allies. This is not just a financial and economic issue. Its a political one, come the midterms and its also a National Security issue. When you talk about we get a lot of our steel from canada, that actually hurts our National Security rather than helping it, as you would, as the Commerce Department and these trade reps would argue. I want the president and his representatives. I want Peter Navarro and wilbur ross to actually start calling this 6. 5 million workers in this country who work for steel consuming industries, call the people who make motor boats who are apple farmers in this country who are going to be hurt by the retaliatory tariffs. If you go through the list of industries that are being hit in retaliation by europe, canada and mexico, these are american, its Small Business owners and farmers far and wide and they deserve an explanation. I want some intellectual honesty tell the American People were raising your prices, we might cost your job, were doing this because we need to reduce trade deficits. As dagen was saying in the beginning particularly on the heels of such a magnificent success, you think of the way this economy has turned. I want to be clear, i think this in terms of the economy and National Security i think this is the best president weve had since reagan; however and this gets to your point on trade deficits. I think his insistence that the key to a good economy is getting a trade balance is wrong, forgive me mr. President youre right on so many other things but on this youre dead wrong. One of the historically biggest trade deficits weve ever had up until that point was 1984. You know how much the economy grew in 1984 . 7. 3 . Neil we had seen the wrong one . David trade just his insistence that trade deficits by themselves are the key to a healthy economy is wrong. Theres going to be little gain. All this talk, its unpredictable and at the end of the day, its going to be little gain. This is for nothing. Neil but no one is paying the 25 yet, the 10 yet. If he gets it way itll happen. Neil well see. If it doesnt it worked right . [laughter] well wall street doesnt agree, as we see on the stock market, none of this neil of course wall street isnt a genius but for now they seem to be whistling. David and wall street i think is getting accustomed to a president who talks big before trade. I think its no coincidence by the way, john uber our great producer pointed this out. Neil i wouldnt call him great. David well hes okay. But he made a great point which is that will burr ross is in china. Hes not in europe but china. Maybe all of this stuff with europe and canada and mexico is a warning to china. Thats the way this president works. Neil theres a method to this. All right david the method is half baked because if you wanted to take on china neil didnt you see the wilbur ross thing with the can of soup . Dagen and the beer . Stop telling the American People this isnt going to have any impact on the economy and their jobs and lives and by the way if you really want to take on china and pushback on them stealing american technology, demanding us to hand over our technological prowess, then you lock arms with europe and canada and mexico. Neil but a lot are just little phonies too, right . No . Dagen well theyre not little. David they theyre big phonies neil kathy youre optimistic as wilbur. Im thinking what are you going to do to these relationships that took centuries to build them and now youre tearing them apart. Neil i am, really . So just relax, all right, when, my producers are saying okay there goes that credibility. Dont worry about it i blew that a long time ago. All right you hear this now theyre trying to ressurect rosenstein son passes show, without rosenstein son. What would they call it . Not roseanne . But by the way theres precedent for this they just might be able to make this work. Ill explain, after this. Siness. But as it grew bigger and bigger, it took a whole lot more. Thats why i switched to the spark cash card from capital one. With it, i earn unlimited 2 cash back on everything i buy. Everything. And that 2 cash back adds up to thousands of dollars each year. So i can keep growing my business in big leaps whats in your wallet . A trip back to the dthe doctors office, mean just for a shot. But why go back there, when you can stay home, with Neulasta Onpro . Strong chemo can put you at risk of serious infection, which could lead to hospitalizations. In a key study, neulasta reduced the risk of infection from 17 to 1 , a 94 decrease. Applied the day of chemo, Neulasta Onpro is designed to deliver neulasta the next day, so you can stay home. Neulasta is for certain Cancer Patients receiving strong chemotherapy. Do not take neulasta if youre allergic to neulasta or Neupogen Filgrastim . Ruptured spleen, sometimes fatal as well as serious lung problems, allergic reactions, kidney injuries, and capillary leak syndrome have occurred. Report abdominal or shoulder tip pain, trouble breathing or allergic reactions to your doctor right away. In patients with sickle cell disorders, serious, sometimes fatal crises can occur. The most common side effect is bone and muscle ache. So why go back there . If youd rather be home, ask your doctor about Neulasta Onpro. This looks worse than i thought. Mike and jen doyle . Yeah. Time for medicare, huh. I have no idea how were going to get through this. Follow me. Choosing a plan can be supercomplicated. But it doesnt have to be. Unitedhealthcare can guide you through the confusion, with helpful people, tools and plans. Including the only plans with the aarp name. Well that wasnt so bad at all. Thats how we like it. Aarp medicare plans, from unitedhealthcare. Neil you wont believe the new hotel deals we found in singapore but i digress i want to get to the story of the moment and still this week its a story on the week of course roseanne, shes out, her show was out but maybe shot was not out. They might try to revive it without her, of course you cant call it roseanne, like i said maybe not roseanne or everyone on the show except roseanne. [laughter] neil my colleague and friend, michael, how doable is that . Theyre seriously kicking her out right . Very doable the reports are theres a big meeting monday over at abc disney with the producers of roseanne to pitch how they can bring this show back. Its been done before. Neil sure. Everyone in this business is replaceable except for you, neil neil right. And theres no spotlight without you. I am the spotlight, baby. One of the most recent examples is 1986 a show called valerie starring valerie harper, one year she got into a big salary dispute with nbc, they canned her and came back the next season as valeries family and they brought in Sidney Duncan a year later and turned into the hogan family and ran for six seasons. Neil even house of cards on netflix, kevin spacey is out and theyre doing one final season were told without him, and its already shot and done. So what do you think, its usually difficult. I dont know why they had to get rid of the characters. Someone can come into play that character. Kevin spacey doesnt own that character. He was great in it but theres been several james bonds. [laughter] neil yeah, thats true. Why not several frank under woods. Neil i never thought of that, so could you do a roseanne look alike or character like . Probably not with her but they could bring it back as the conors. Why not . And then you have john goodman, laurie metcalf, and really the focus i dont know if you watched this first season but really centered around Sarah Gilberts character, so thats probably more of the direction. Neil and the whole conservative tone obviously had an appeal in the beginning but then the show veered away from politics fear ing thats how it got its signature attention but do you think its an indictment on conservative deemed entertainment . I think its even a stretch here i dont of agree everyone is saying noah b c was just looking for a reason to get rid of that show. Thats absurd. That show was doing huge numbers they were banking on it in terms of ad sales in the upcoming season. Theyre not looking to get rid of those numbers and one of the Untold Stories of the success of the roseanne show is she sort of went against this grain of thinking in hollywood right now that only to get those kind of numbers you have to do live event programming sports or news i mean, 27 Million People watch this. Neil incredible. Its like the 19806s all over in television. Neil these hollywood guys theyre not red or blue as much as green. They like the money coming in right . So next year, at this time, you think there will be some roseanneentity show on the air . If i had to put money on it id say yes because they have to pay them anyway so why not give it a shot. They have to pay them all i think 4. 5 million with or without a season. Neil all right, michael always good seeing you my friend on a saturday no less. I aim in from the hamptons just for you. Neil i know you did. He called me up and said what are you doing and i said leave me alone. Neil hes the best. Ive never seen him in a bad mood. All right, the lesson from obviously roseanne i should say and samantha bee, you ever notice the tone and language theyre using . Im talking to a congressman, a minister by trading a pastor who just says you know weve got to stop this. We just got to stop it, after this. Its easy to think that all Money Managers are pretty much the same. But while some push High Commission investment products, Fisher Investments avoids them. Some advisers have hidden and layered fees. Fisher investments never does. And while some advisers are happy to earn commissions from you whether you do well or not, Fisher Investments fees are structured so we do better when you do better. Maybe thats why most of our clients come from other Money Managers. Fisher investments. Clearly better money management. [seen it. Covered it. N. We know a thing or two because weve seen a thing or two. We are farmers. Bumpadum, bumbumbumbum cliberal gavin newsom from knows becoming governor. They also know chicago lawyer john cox has thirteen losing campaigns under his belt. And cox supports bad ideas like a 23 percent sales tax California Police officers and Police Chiefs stand with antonio villaraigosa. As mayor, he worked with law enforcement, and cut Violent Crime in half. Antonio for governor. Neil all right, i really dont know care whether youre on the left or the right republican or democrat but the language and the nastiness thats being tweet ed back and forth whether its roseanne and her comments or samantha bee and her comments , im leary over firing anybody over stuff like this its a slippery slope but its just the tone that bothers me and harkens back to a time when we didnt use language like that and we didnt go into Something Like that, so i know someones going to come back and say youre making a political statement im really not which is why i brought missouris Democratic Congressman and a pastor i might point out to just step back from all of this. You know, congressman, every time we chatted i mean youre very big on just saying to both sides, weve got to bring this down a notch or two, and then low and behold all these developments this week, what would you recommend . Not so much talking to you as a congressman but as a man of faith. What would you do . Well, the first thing weve got to do, i think, is make sure our country, the people in our country, recognize that we are tearing through this fabric that was so carefully woven together by our founders, and were tear ing it, and Roseanne Barr said something dumb and idiotic and then samantha bee who youve never even heard of says something thats also filthy and shouldnt have said it, and so then the people with Roseanne Barr says she was fired she shouldnt have been fired the people with samantha bee says you know, what she said is not that awful and lets keep going, and its building up and i am afraid, neil, and im very very serious, that if this continues, our grandchildren may not have the same kind of country that you and i and physicals of others watching were able to enjoy and so but its got to start i think with the elected officials. Wouldnt it be fabulous if we had a remorseful president and a speaker of the house maybe the party or democrat in the white house and a republican speaker, and they open up a session of congress, a new congress by saying to the whole nation and to congress, look, namecalling is out. Were going to Work Together we dont have the same ideology well Work Together for the betterment of the country and i think that would be a major step in moving forward instead of hostility being just pushed out daily. All you have to do is turn on the Television Something new and nasty has come along. Neil youre right you think about it congressman nastiness works and campaign ads as well as ratings on broadcasts you can evolve into sort of crazy territory and put up some very very good numbers or you could step back and risk ratings that arent so great to just have a discussion and try to move the ball forward that time but there used to be a time and im going back to ronald regan and tip oneill two opposing parties but they didnt curse out each other they talked to each other and they didnt always agree in fact most times they didnt agree at all but they came to find some Common Ground and move forward. Yes, ive had one of tip oneills grandchildren kaitlyn is a friend of mine and i love talking with her about her grand dad, and the weird but helpful relationship he had with president reagan and they were able to solve the issue of Social Security at least for a couple of decades, and i am absolutely convinced that we have people who can do it, but its going to take courage. I mean, i get people angry with me all the time because i didnt vote, i maine mean i voted at the revolution of impeachment. Neil its crazy and i wish we had more time but i dont have any more time congressman i dont know whats going on but seriously, i dont have any more time i dont know whats going on but i do want to have you back. You do provide a level of just camping everyone down which well continue in the next hour, after this. Asked these couples how much money do you think youll need in retirement . Then we found out how many years that money would last them. How long do you think well keep oooooohhh you stopped youre gonna leave me back here at year 9 . How did this happen . It turned out, a lot of people fell short, of even the average length of retirement. I want to show you something, america, because im about to say to you, serious change, america. You see this . This is a Fullerton Hotel in singapore and this is where we believe the north korean delegation, more to the point, kim jongun has plans to stay. The only problem is the room quote they passed along to us and they passed along to us because we might be picking up the tab on this, i dont have time to explain, america, im an anchor, but anyway goes Something Like this. We found rooms in that same hotel for what, pam, a few hundred bucks a night . 387, its probably not the president ial suite. Im telling you if were going to pick up the tab, this is courtesy of the Washington Post story that says one of the impediments of arranging this, normally the north korean procedure in visiting Foreign Countries is that the host country picks up the tab. In this case singapore, which is sort of like acting like switzerland, the middle ground for both countries to use this as the place for the talks, theyre not picking up the tab for this, so then it bounces back to Donald Trumps lap and were told he didnt want that little detail to get in the way of what could be a historic summit for the world. So were running ways by to pick up the tab, the 6,000 a night tab, maybe not, but the president is prudent when it comes to costs and fees and jacked up needlessly. That room would have to be like a country in its own night to be 6,000 a night, but we found one that could be a few hundred bucks even for the whole group. As ive been saying in the last hour or so, youre welcome, america. As if we dont have enough to do. Right . Okay. And my very good floor director is looking up on trip advisor or any of these sites to get better deals, but thats one of the Nicest Hotels there, singapore and we can get you a pretty nice room for a few hundred a night. Lets not sign any deals just yet. All right, rich edson no stranger to pricery hotel and menus with tassels on them. Hes at the state department for the plans for the big talks as they go forward ten days away. Thats right, no president ial tabs. And mike pompeo says for this to be a success, north korea must change its strategic path, one its been on for decades now. He says that north korea believes it has security and safety with its Nuclear Weapons program and it is up to him and the United States to convince north korea that thats not the case. Theyve been looking at logistics and the north and south zone, and the potential agreement to relief kim jongun of his Nuclear Weapons. These diplomates are trying to bridge differences before President Trump and kim jongun meet june 12th in singapore. The president acknowledged a successful result may require multiple meetings with kim. And travelling, james mattis says the u. S. Military presence in south korea is not on the table in singapore on the 12th, nor should it be. Thats a matter between the United States and south korea. While the u. S. And north korea are in discussions, there may also be a summit moving forward between President Trump and russian president Vladimir Putin. The u. S. Official confirms to fox news that the u. S. Is talking about a potential summit although those discussions are in the very early stages, neil. Neil thank you very much, my friend. Do you know, you think about all of all of this came down. It was via private letter that kim jongun sent to President Trump. And thats his number two giving it personally to the president yesterday in the white house. It looked like a big letter to me, maybe it had a music cal card, i didnt read it, i dont know. I know the power of the written word and the power of letters period and in this day i like to remind my teenage sons, youre so into texts and tweets and emails, harken back to a time where the written world mattered. It still does. And the multiple best selling authors write plenty of notes himself and professor, good to have you. Good morning, neil. Neil what do you think makes a letter so significant or moves leaders to do things they might not otherwise do . Even in the old days when we didnt have texting and emailing and the rest, a letter sent by the president or the head of another state really made a difference, it caught your attention, it was a permanent part of the record, very formal and i think a lot of time and thought went into each one of those letters. Today its so rare, as you mentioned, to get a formal letter with the other means of communications, i think it still catches your attention and in this particular case, obviously, this letter can have significant consequences. Neil yeah, we dont know whats in it to your point. We do know theres a great deal of history here and i was thinking back in the old discussions back and forth between khrunichev and a Young John Kennedy during the cuban missile crisis. Letters played a big role, didnt it . Yes, in that particular crisis it mattered a lot and ally khrunichev was acting through the state department and kennedy doing the same, but khrunichev sent contradictory letters, one of them was very harsh and a day apart, he sent another one that was very kind and generally approaching matters in a nonbellicose way. And kennedy did something very smart. He totally ignored the bellicose message, and decided to Pay Attention and respond to the pacific message and it worked. Neil and going a couple of decades later to Ronald Reagan and people didnt realize how fond he was of a simple note and he got simple notes and then some back from others including gorbachev. But that cemented it, didnt it . Yes, reagan first reached out to gorbachev when he first took office via letter and reagan said at the time, not to gorbachev, but the rest of us, finally the soviet leaders stopped dying on me. He went through three in his first term and then he had gorbachev and he and Margaret Thatcher in Great Britain recognized they had somebody they could deal with. Neil much is said and written about Abraham Lincoln and his letter writing, which was almost, as far as chief executives on steroids and he wrote to quite a few people not just to those who were powerful, but to widows and soldiers who were brought up for charges. And his words were powerful. Yes, he was actually poetic in prose writing. And they were, indeed powerful, and are much remembered. There was one case of lincoln writing to a widow in massachusetts who supposedly had had five sons killed for the union cause during the civil war, turns out that wasnt true. She had three sons that were killed, thats the sacrifice enough, but one was a deserter. Nonetheless, it was a very powerful, very moving letter that pulled at the heart strings. What is really interesting about it, though it ended up, i think, moving hundreds of thousands of people, it didnt move the recipient. She was apparently antilincoln, and she, or someone else close to her, destroyed the letter. Can you imagine what that would be worth today. Neil oh, man, thats like ripping up no music involved. They didnt have the musical notes then. Neil and i know its a tradition in recently times for president s to pass along a handwritten note to their successor. And this of could,is from barack obama to donald trump when he took over, i think they leave it in the desk there for their successor, whatever was said in that letter, i mean, obviously, things soured soon thereafter, but how significant is that, this sort of unique club in which they relate to one another . First via letter. Well, its a symbolic attempt by the Old Administration to reach out to the new. Its a symbol, a physical symbol that we can all see of continuity, which is critical in the presidency. Weve had a continuous line of president s since george washington. So, i think people look forward to finding out whats in that note. Its almost universally friendly, even if the participants are not, so, these things are important. Symbols are important, norms are important. Neil you know, we dont know what was in that letter from the north Korean Leader. We do know that, obviously, whatever was written there isnt change the president s mind about having the talks on the 12th and so were told and i dont know how the wall street journal got this, but no promises were made and no threats were made. Maybe a kind of vanilla approach. It doesnt matter the approach, its just that someone takes the time to write. Again, it attracts attention and notice how it drew the cameras and also the photographers. It was a big letter, lets be honest, an unusual sized letter, the kind of thing i hope to get from you, neil. Neil dont count on it, not remotely. Thats what i figured. But it was a significant photoop and certainly go into the annals of history. Neil im waiting for a letter from you, youre a busy guy. I dont know your address. I dont know your address, neil. Neil fox at new york, what are you talking about . Thank you, my friend, youre the best. [laughter] thank you. Neil larry sabato. My teenage sons, if youre watching right now, which is impossible, youre probably asleep, put the device down. More after this. We had long d. Im really grateful that usaa was able to take care of my family while i was overseas serving. It was my very first car accident. We were hit from behind. I called usaa and the first thing they asked was are you ok . they always thank you for your service, which is nice because as a spouse you serve too. Were the hayles and were usaa members for life. See how much you could save with usaa by bundling your auto and home insurance. Get a quote today. I thought i was managing my moderate to severe Crohns Disease. Then i realized something was missing. Me. My symptoms were keeping me from being there. So, i talked to my doctor and learned humira is for people who still have symptoms of Crohns Disease after trying other medications. And the majority of people on humira saw significant symptom relief and many achieved remission in as little as 4 weeks. Humira can lower your ability to fight infections, including tuberculosis. Serious, sometimes fatal infections and cancers, including lymphoma, have happened; as have blood, liver, and nervous system problems, serious allergic reactions, and new or worsening Heart Failure. Before treatment, get tested for tb. Tell your doctor if youve been to areas where certain fungal infections are common, and if youve had tb, hepatitis b, are prone to infections, or have flulike symptoms or sores. Dont start humira if you have an infection. Be there for you, and them. Ask your gastroenterologist about humira. With humira, remission is possible. Oh, man, oh, man. He think i found the deal. I think i found the deal. A possible wrinkle in the upcoming talks, the North Koreans cant foot the deal for the hotel. Thats according to the Washington Post. We have he been looking at hotel rates around the singapore, the 6,000 a night for one suite presumably for the leader. They bring a delegation and it could go up exponentially. Weve found a better deal as low as 100 up to a few hundred a night for a swanky hotel, including this Fullerton Hotel, where the North Koreans were looking at for 6,000 a night. And my staff, not all work and mr mroe no play. And look at a theme park. Ten hotels on site ranging from 60 a night to 1,000 a night. Do we know if thats inclusive of tickets and rides . Its not and thats a separate fee. I think we could find a way to negotiate that and i think it could sort of thrown into that. We dont want anything to get in the way and i think sometimes if you table each other and coming up with how many missiles youre going to do and what are you going to do. You could take a break and go on a spiderman ride or whatever, harry potter world. There are ways they can get around this. Just to let you know, we have found at the universal theme park in singapore, no fewer than ten hotels, the most expensive 1,000 a night. What do you think you get for 1,000 a night. Its got to include like food. Maybe not. All right. Well, were looking at that and so, too, is congressman no hes not really. Hes from arizona. He watches the pennies and dont like the big budgets thrown at him and the government getting bigger. Its an interesting point to raise. And what do you do if they say we when visit a country, the country picks up the tab. In singapores case, theyre acting as intermediary, were not going to pick up the tab, its up to us. Would you approve that to you, if it needs congressional approval, but i hate to break it to you, it does not. First of all, id see if the congressmen and women see if we could pool their Hotel Rewards together and save everybody money. Neil thats brilliant, thats brilliant. Were you surprised by that . A lot of people looked at that and saying, thats a little weird. But what were your thoughts . Yeah, i think its a little bit unusual, but, i mean, the real question is, what kind of hard currency has north korea really have anyway . So, if we really want to get this done, then i think we are probably going to have to eat the bill on that. Neil here is a dumb question on my part, sir. Why would we have to foot the bill . The chinese, they have a lot of money, why do we have to pick up the tab . If were using the chinese money, were kind of using our own money with the trade deficit. Neil touche again, brilliant. So one way or the other were paying. In all seriousness, you dont think this should be an impediment. And stateside we go what . Theres all sorts of wheeling and dealing, but this shouldnt get in the way of the talks . I think we need to get the talks going. This is historic, this is an opportunity to try i mean, just think a year ago, we werent walking about a talking about the summit between the leaders normallize something with north korea. We were talking would north korea shoot a rocket, a Nuclear Warhead at the United States some day and i think this is a real historic event and we need to try to facilitate, you know, moving towards a peaceful, more normalized north korean state particularly for that region, but also for the United States of america. Neil you know, the North Koreans, im done belaboring this, they say they dont need handouts from the United States. If you read their press, government sponsored press, in other words, their press, they say this isnt about our getting money, its about being treated with dignity and all that. What do you make of that . Well, i think that thats probably in their mind that thats true. I mean, im not sure how many delegations they send and how many foreign summits that the north Korean Leader goes to, but i think that part of the reason is this asian idea of face and they want to save face and this is a way to save face for the north Korean Leader and i think its well worth it for us. Neil switching gears to back to what we were originally supposed to, trying to save money for the american taxpayer, which i know we both appreciate, sir. The 17 million its costing taxpayers at this point for the bob Mueller Investigation, what do you think of that payout is this what do you think of the premise we were raising in the last hour, that it almost compels those behind the probe to come up with something to justify the cost . Thats only the direct dollars and it does provide a reverse to find something. And if you dont find something you look weak and inefficient. Dont forget the indirect cost of everything the president and his staff are having to redirect resources of the federal government to try to respond to this and different individuals. So, this is a very expensive investigation, both directly, indirectly were not even talking about the effective costs theyre trying to delegitimize the investigation and the egg on the face of the doj. This is a cost of 17 million. Direct cost. Mabel the smallest cost to this, but its going to provide a perverse incentive, no doubt. Neil do you think this could be wrapped up by september, the estimation that rudy guii had. Yes, i think it should have been wrapped up a long time ago. Yes, it can be wrapped up by september. We havent seen the scope letter yet, but we really dont know what mr. Mueller thinks his scope is, but, obviously, he thinks its very broad and keep expanding it, apparently. It should have been resolved already. Neil congressman, thank you very, very much of the your ideas to sort of gather points from all of your colleagues and house the north korean in singapore is fiscal brilliance. Touche to you. Thank you. Neil and were trying to find out with the universal thing, if for 1,000 they have a funnel cake or a chimichonga. Index investing for that low . Thats three times less than fidelity. And four times less than vanguard. Whats next, no minimums . No minimums. Schwab has lowered the cost of investing again. Introducing the lowest cost index funds in the industry with no minimums. I bet theyre calling about the schwab news. Schwab. A modern approach to wealth management. Thethe more you know theme, commute is worth it. For all the work you pour into this place, you sure get a lot more out of it. You and that john deere tractor. So versatile, you can keep dreaming up projects all the way home. Its a longer drive. But just like a john deere, its worth it. Nothing runs like a deere. Now you can own a 1e subcompact tractor for just 99 dollars a month. Learn more at your john deere dealer. I am afraid, neil, and im very, very serious, that if this continues, our grandchildren may not have the same kind of country that you and i and millions of others watching were able to enjoy. Neil you know, of course, of of Emanuel Cleaver as a congressman. Hes a minister by trade and thats the title he likes and enjoys the most, being called a minister, a pastor, tending to his flock and to those on the left and right who right now have fallen very, very far and very, very fast with language thats gotten coarse with roseanne and samantha bee. How do we tone this down . I was thinking of my next guest whose father died two years ago. You remember him as muhammad ali. The and rashita ali, good to have you and thinking of you and your wonderful dad. Thank you. Neil as controversial as he was, he never got and dragged it out on the left or right with unsavory remarks. When he explained his opposition to the vietnam war, he explained it in real words, not curse words. Thats correct. Neil and something has happened since and im wondering what you think of it. You know, neil, first of all, its so good to see you again. Neil thank you. Its great to be on this show again. You know my dad and he believed in inclusion. He respected others, regardless of their religion, race or any barrier that may divide us and thats everything that my dad stood for was inclusion. He did embrace all people of of all race and religion and i think he brought the Community Together while he was here. Neil we look at the 60s and remember the period for the violence and unrest, and then smack dab in the middle of that was your father taking this war all the way to the United States supreme court, without once, without once defaming himself or those he targeted for criticism and now, you know, we have comedians who tweet outrageous things, you can go all the way up to a president who tweets questionable things. We live in an age and a time, i dont care if youre republican, democrat, where this is simply accepted and im wondering to Emanuel Cleavers point, why that is. You know, neil, one of my dads six Core Principles is conviction. So my dad always believed in if you really believe strongly and its the right thing to do to stay strong at it and he was a perfect example he stayed true to who he was without defaming anyone or disreeffecting anyone. He stayed true to his religious beliefs until the day he passed. What we as a Community Need to understand, when were giving of each other, and my dad, again, one of his Core Principles is service, you know, we stand stronger when were together as one people, as a nation, and my dad said, it meant that were strongest when we stand together as one people, one nation. Neil i wonder what you think, since your dad passed away, we have the bigger than life athletes to let us down or theyre juiced up, drugged up, steroided up, whatever you want to call it and your dad used to talk not a responsibility, but that kids would look up to, in the context of everything, what we say because our kids are watching. You know, my dad has done so much for the youth and i think my dad used boxing as a platform to create change and encouraging this. The fact that at the Muhammad Ali Center theres an Exchange Program where the center works with Young Athletes from kazakhstan where they create change in their community. Thats what my dad did, he used boxing as a platform to make sh world a better place and encourages Young Athletes expected to do the same. When you see the nastiness and weve seen it on the left and right and a communicate who uses a cword and another a racial term and i know we have to be very for giving and leary of recommending somebody gets fired. We live in a free country. What do you make of all this . I think when youre a celebrity and you know, youre a public figure, you have a social responsibility to your audience and the people and your fans, and the people that listen and watch you. I command Channing Dungee and abc executives for what they did, it was a brave move. It was quick and swift. They did the right thing. Neil do you think that tbs standing by samantha bee right now for saying something offensive about the president s daughter. She apologized to be fair and some on the right say thats a double standard. You know, its never okay to offend people, no matter what side youre on. Its never okay to do that. Neil right. I do feel abcs situation is a little bit different because, you know, of course, you know, us as africanamericans, we have been criticized and ridiculed since existence and i think there are certain things that you say thats not acceptable and i think that abc did the right thing. They had a responsibility to their viewers and also, to the boss, and i think certain things, you know, theres a line that you cant cross and i think that roseanne crossed that line. Neil rasheeda, very good seeing you and your family. Two years since muhammad alis passing he used to say to float like a butterfly and sting like a bee. Little did we realize it was words that stung in a way without being crass. More after this. I will. But first, a little presentation. Hijacking earths Geothermal Energy supply. Phase 1. Choosing the right drill bit. As long as evil villains reveal their plans, you can count on geico saving folks money. Fifteen minutes could save you fifteen percent or more on car insurance. You always get the lowest price on our rooms, guaranteed . M lets get someone to say it with a really low voice. Carl . Lowest price guaranteed. What about the worlds lowest limbo stick . How low can you go . Nice one, carl. Hey ive got an idea. Just say, badda book. Badda boom. Badda book. Badda boom. Nice. Always the lowest price, guaranteed. Book now at choicehotels. Com you know, im very fortunate to have dan here, hes an accountant by training, back with sasy and my buddy david asman and david is very, very cheap, he doesnt overpay on anything. Were looking at what could be a crisis, we dont want it to be, dont want to to get in the way of productive talks with the North Koreans. But especially from the Washington Post, saying were considering picking up the tab for the North Koreans and the hotel while theyre in singapore. Apparently theyre not being cheap, but policy of their country, when they visit another country, the host country picks up the tab for the stay. And he doesnt leave that often and the Singapore Says no, were not doing that. Its very embarrassing, really didnt happen. Theed 6,000 a night figure that was quoted. We immediately assumed we could do better and we have been looking into it here, the variety of sights. The one that caught my attention was universal theme park there, that has over ten hotels ranging from 60 a night to 1,000 a night. I assume with 1,000 a night you get food, but theres no guaranteement look at other ones, as low as 118 a night. Is this off trip advisor . It is. And this one is pricey, 328. Fair mornts fairmont. Not 6,000. This gets in the way of world peace and denuclearized world, at least a denuclearized korean peninsula, i think that cost shouldnt be the issue. Again, dan, as the accountant here, maybe it is, what do you think . Im a return on investment guy. Its all about roi. If its going to cost us six grand, 12 grand. I think we go for it. Neil whats the most Expensive Hotel youve ever stayed at. 400 a night. Neil really . And i was out on a limb on that one. [laughter] what do you think of this . I was in singapore once and this is how cheap i was, i stayed with a friend who happened to be living there and i slept with on the couch. Neil is he still there . Hes moved on. And theres a lesson here, everything the government does costs more. In this, it costs youre the accountant, but its 20 times more than what you were able to find on the internet. 20 times more. Neil maybe theyre throwing in security. That could be the case, but how much did we pay in the iran deal. How many billions to try to get a nuke deal, so and pallets of cash. And people who blow up their own family for fun dont know how to do their own security . Youve looked at this . Yes, i see the ritz has Free Internet for 373. So we could stop proliferation of nuclear in north korea 373. Neil and is it, wait a minute, this is a rogue regime, theres a rationale this is how they travel. They dont travel that often. This is how they do this. Neil you would not absorb this . They say theyre proud, but low on funds. High on weapons, low on funds. If you want to make a deal with them, you have to pay up. Neil why couldnt china pick up the tab . Absolutely, china could pick up the tab. Its so absurd the way they spend money. Governments spend money without care because its not theirs. Thats what they do. They dont care at all about the bill. Neil and the north korean delegation called this hotel and hi, were the north korean delegation coming for the peace talk, they immediately jacked it up. I think they will have a premium charged with all the trouble north korea caused, saw it as an opportunity you know, we can probably get 6,000 a night and lets put it out there. I should say its an expensive place. I picked up the tab for a sushi bar and we went to, it was like 500 for four people. So its a pricey place and put it in my report, anyway. Neil if you read this, theres a serious point to this. One of the English Press versions you get out of north korea, they do not want to be seen as look to go get handouts or economic incentives to the United States. Our read is very different, that they are, to extract some sort of concessions on the nuclear technology, but they take this issue very differently than we do. So, how was this ultimately handled. Or should be handled. Quietly say, well do it. Thats what the Washington Post says it needs to be done in a discrete manner. Neil were all for transparency. This is the way its always done, i dont know why they want to look at this one time. You look at a satellite, north korea and south korea at nighttime and south korea is lit up no matter what part of the country you go to. North korea, its all black, zero Economic Growth in north korea. Neil maybe they just dont stay up late. They dont have anything resembling the free market and were supposed to be introducing them to life in the real world where theres a free market and we expose them to this where nobody can afford to pay 6,000. Neil, why dont we pass the hat around and everybody throw in a few bucks. Neil and the congressman said they could all combine their points in congress and deal with it. There you go. Neil the talk is to ultimately make a deal, well fork over a lot of money, not just on hotels, but their coming to the table with us i dont know if thats the case, but if you look at ultimately what price we have to pay to have a safe planet is, you know, whats that worth. But, with an unpredictible leader on both sides, is anything really going to come out of this anyway . So is a lot of money being sp t spent. Neil you were okay with the hotel thing. 373 dollars, the deal i came up with. The difference on this goround, i dont disagree with you on the unpredictability on north korea no. Neil a couple of weeks ago you said you trusted north korean more than donald trump. I didnt say thats outrageous. Both are as unpredictable. Theyre unpredictable. Neil and one guy killed his own people. And trump and he killed his brother. The segment, we were supposed to be talking about robert mueller. Im glad we didnt. Neil, the difference in this goround, i think that the sanctions are really felt to north korea and thats bringing them to the table. Neil so much so, they cant afford anything, including the hotel room. Maybe the sanctions are felt in china and maybe that twisted the arm of the North Koreans. Neil you might be right about that. Thank you for reading this stuff and finding a hotel. You wonder on the pow wow at the oval office, john bolton wasnt there and the vicepresident wasnt there and i also noticed david asman wasnt there. After this. K cash card k cash card from capital one. With it, i earn unlimited 2 cash back on everything i buy. Everything. Whats in your wallet . And i recently had hi, ia heart attack. It changed my life. But im a survivor. After my heart attack, my doctor prescribed brilinta. Its for people who have been hospitalized for a heart attack. Brilinta is taken with a lowdose aspirin. No more than 100 milligrams as it affects how well brilinta works. 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All right, i want to take you to chicago to show you something right here. Its National Gun Violence awareness and theres a march going on in chicago, going on nationwide. And one will be happening in new york city as well as to draw attention to the School Violence and School Shootings that weve seen. My guest knows this quite well. Jt lewis lost his brother jessie lewis in the Sandy Hook School shooting, the worst in american historic, with 26, and including his sixyearold brother. Jt, its good to have you back, you had sort of a big picture view about this, its not all about guns. What did you mean by that . Yeah, well, i mean, you look at this, these shootings have been going on forever, really. In the 19 years since columbine and thats when this gun control push started, what has been done . What shootings have been prevented . I mean, sandy hook was five years ago and even in that time what has b done . Weve had democratic president , Democratic Congress and you know, i think its just a political, a political idea, you know, to campaign around. I dont think they really want to do anything. I dont think that gun control is the answer, but, of course, we all agree we want kids to be safe and why this movement over School Safety is taking off. We are waking up to the fact that gun control is not the answer, we need School Safety, increasing security with armed guards, single entry points, metal detectors, an idea thats been floateded and thats where we are right now. Neil sandy hook, in your brothers case, you were not in school that day and you want to the same school. I was in the same system, i was in the middle school at the time. Neil now, in adam lanzas case the shooter, he was able to storm into the school with guns ablazing quite literally. Were there any safety mechanisms set up there and he blew through it . There was no armed guard. You know, what happened he shot open the glass doors, easy access, the principal tried to confront him and he killed her. That was our line of defense in Sandy Hook Elementary School and thats why im here pushing for more security, we need it. Neil so when you see these marchers and theyre saying we have got to get a handle on guns and getting them so easily, and nikolas cruz behind the parkland shooting he was a walking warning sign and now we have the videos on the phone same with the sandy hook shooter. Neil and would have telegraphed that, but could easily get guns, in had his case he got them legally. In adams case he, too, got this legally and they were at his mothers home where he lived. How do you police that or do you . Yeah, there are definitely gun laws that we need. Im not against all gun laws i just think, some of them are not going to help. Look at each shooting, theyre all isolated, very different. You know, some shooters take the guns from their parents, some get them legally, some get them illegally. The santa fe shooter, it was a handgun and a shoot gun. What gun laws would stop that . Thats why and i stole those legally purchased guns from his father. Exactly. Thats is something we definitely need to look at at parents, if you have kids you need to keep your guns secured. Thats obviously, that should be obvious. Maybe there should be a fine or a penalty for people who keep them unsecured. But, you know, its not the answer to start attacking the second amendment. I know were reactionary and want to blame it on somebody, if we can find it and say guns are the problem, then it should be solved already. There are lots of laws. And they oversell how easy it is to set guns. Its not easy. Neil but there are a lot of them out there and those marching today say weve got to take a lot of the guns out there off the streets. Exactly, another point, they always go to the australian buyback. It was much easier there and thats because theres 350 million guns in america. So, if we started, you know, these strict gun laws now what are we going to do about the 350 million already out there . You cannot buy them all back, theyre going to be here. Whether we like it or not. Americas going to have guns for the rest of the countrys history. We have to figure out how we can protect ourselves. Neil jt, thank you very much. The best to your mom. From such a horrific tragedy, trying to do a lot of good. Thank you. Neil we will have more after this. [burke] at farmers, weve seen almost everything so we know how to cover almost anything. Even close claws. [driver] so, we took your shortcut, which was a bad idea. [cougar growling] [passenger] what are you doing . [driver] i cant believe that worked. I dropped the keys. [burke] and we covered it. Talk to farmers, we know a thing or two because weve seen a thing or two. We are farmers. Bumpadum, bumbumbumbum all right, were ten days away from the big summit. A lot of people woring a lot of angles to make sure it goes well without a hitch. We were telling you about hotel costs and all of that stuff. Right now the deputy spokesperson, adam, the importance of this meeting, i understand, but what stood out to me, getting ready for it, was who wasnt in the oval Office Yesterday with the president and number two north korean officials and that would be john bolton and of course, the vicepresident. Why would that be the case . Well, a very astute observation, mr. Cavuto. And i think the case the reason thats the case because those two, those two guys, pence and bolton are the skunks in the room as far as the North Koreans are concerned. Theyve compared these negotiations or the deal they were thinking about to the libya deal which was basically in 2003, gadhafi is giving up his weapons of mass destruction, but remember, ten years later we bombed gadhafi to death. So thats what the koreans remember. So, i think that the president and his team said, look, we dont want anything to derail this. We dont want to cause offense so lets just keep john and the vicepresident out of the room, but that doesnt mean by no means does it mean that theyre out of the policy deliberations and they are very, very firmly, i think, behind the process thats driving these negotiations. Neil we should explain, of course, when we were bombing gadhafi, he went into hiding and then, you know, found in a sewer, a sewer pipe and his people dragged him out and killed him. His People Killed him and not us. Neil and kim jongun said, i dont want that. What have we assured him, do you think . Well, i think that trump has made it clear that this is not about regime change. I think the chinese behind the scenes have told kim that theyre going to ensure that he stays in power, and that hes not risking his regime by entering into these negotiations. But look, lets remember, i mean, the United States and north korea are about as far apart as any two negotiating parties can be. The United States wants comprehensive verifiable, irreversible disarmament quickly before we give them any incentives or rewards. And north korea wants incentives and rewards as a prelude to talking about the denuclearization. So, all the theater aside, you know, the letter, and the dinners in new york, and all of that sort of stuff, thats the theater. But behind the theater there are some huge chasms, and do we have the focus to see it through. Neil quido we . One other thing, you didnt talk about air bnb. Neil how idioticic of me. Entrepreneurial, cheap, youve got a huge selection, you can choose your location and you could take the whole building. Neil dont you think though, if youre calling any of these hotels and youre the north korean delegation and explaining, hi, were with the north korean delegation going to the peace summit theyre jacking it up and would do the same in air bnb. I would do it differently, if im a hotel and want the North Koreans coming, theyre unr unpredictable, are they going to pay he just brings more to the table, folks, thats what makes him a great ambassador. We didnt think of that. Weve found better deals, as little as 79 a night, a far cry from 6,000 a night the koreans want us to pay. Were here for you america. Well see you monday, fox continues right now. How long do you think well keep oooooohhh you stopped youre gonna leave me back here at year 9 . How did this happen . It turned out, a lot of people fell short, of even the average length of retirement. We have to think about not when we expect to live to, but when we could live to. Lets plan for income that lasts all our years in retirement. Prudential. Bring your challenges. Fox news alert. Noon eastern, as President Trump is working the phones this weekend at camp david. He and his team are really laying out their negotiating strategy for the sitdown in singapore. We heard from the president yesterday out on the south lawn. Hes calling it the start of a process. Nice to be with you at home on this saturday. Im leland vittert. Elizabeth nice to be with you. Im elizabeth prann. The president has been touted new low unemployment numbers on friday. Lets head over to ellison barber over at the white house. The president is tweeting with the numbers and he also tweeted about them yesterday. About an hour before they were