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And kansas congressman mike pompeo. Here with a look are wall street journal columnist dan henning ger, senior fellow jason riley, Editorial Board member mary kissell and assistant Editorial Page Editor james freeman. Lets start with pence. A little bit of night of the long knives in transition with Chris Christie getting the knife in the back, i guess, and being pushed out. Mike pence taking charge. What do you think of that . I think its an upgrade. When i look at this trump transition, most of all, im surprised at how conventional it is really. You have all these names coming out are people who have a lot of experience in government. You might have thought given his Unconventional Campaign wed see ronde rusie ordain in white as secretary of defense. Why is pence an upgrade from christie . I think from a limited government perspective, mike pence is really the person who reassured a lot of conservatives during the campaign, persuaded a lot of republicans to come home to trump. I think you really have more hopeful out put here. On that point, jason, there are a lot of people the nevertrumpers said mike pence is betraying his principles by accepting the job. Im glad he did now that trump has owon. You have complaints that the transition has been so chaotic. Donald trump ran a seat by his pants campaign. Some people saying his campaign is always on the verge of collapse. Well, it was sometimes. But the reality is even David Axelrod said this is being a little unfair former obama he said at this point we didnt have all our ducks in a roechlt i agree. Youre seeing names floated, friends and frenemies. Hes talking to mitt romney, ted cruz, henry kissinger. Hes learning. Lets talk about some of the names va have been picked, mike flynn, former general, National Security adviser. How comfortable are you . It wouldnt have been my choice. Im not sure he has a grand vision of foreign policy. I would have preferred somebody like ambassador john bolton in a role like that. Its not a terrible pick. Mike pompeo, harvard law school, served in the army, House Intelligence Committee for cia. I think thats a solid pick. Jeff sessions for attorney general, i think he might get some push back in the confirmation hearings. Well see how that goes. On the night of the long knives, i was sad to see mike rogers kicked out. He was a terrific house intelligence chairman, and i think a really solid guy, great experience there. That was a bit of a shame. Im a little concerned, dan, about general flynns ties to russia. He has written for rt, the kremlins propaganda site. There was a famous dinner he sat next to Vladimir Putin on. Im a little concerned about that, although he does have great military experience, combat veteran and Barry Mccaffrey says hes the foremost Intelligence Officer of his generation. That was his specially throughout his career was intelligence, as was with mike pompeo. I might point out at west point graduated number one in his class. Pompeo is not a trump insider. Jeff sessions was the first senator to endorse donald trumpment on the one hand hes rewarding his loyalists, on the other hand hes reaching out. I was struck by how some of the visitors to trump tower included tom price, head of the House Budget Committee or jeff hess ser ling, head of the House Services committee. These are strong, impeccable people. If he was having executives from the alt right coming, it would be across the top of the New York Times front spaj. Hes not meeting those people. Hes meeting some of the most solid Republican People that exist down there in washington. I think the early days are encouraging. On this point, the idea hes meeting with mitt romney this weekend is fascinating because romney was one of his most vociferous critics when he was seeking the nomination. I dont think he even necessarily voted for him. This point of reaching out, broaden the coalition, broadening the reach of people is utterly crucial. I understand you need to award the loyalists. Thats why sessions is getting the job, why flynn is getting the job. Youve got to reach out and have these alternative voices of debate in your administration. Romney would be in my view a really fascinating and very good pick for secretary of state if thats indeed what happens. Very competent executive. If you give him the agenda, forming the agenda might be a challenge, but if you give him the agenda, no doubt hed carry it out in a professional way. It blows away the image a lot of people have of trump, that he is so thinskinned and unforgiving. Hes done and tweeted a lot to give people that impression. It really would go against the grain. You look to dans point, people go through trump tower, very impressive except for maybe kissinger. Thats cheap shot and i think thats wrong. He could stand to listen to henry kissinger. Steve bannon, the controversial Breitbart News guy, being called an alt right representative. Is that fair . I dont know enough about steve bannon to say if its fair. Im disturbed by a lot of what breitbart has published. Id say the idea that were going to give trump grief for talking to steve bannon or bringing him into his early circle but not giving obama grief for bringing people like al sharpton in is completely hypocritical. Whats behind the markets reaction to the president ial election . Well ask trump economic adviser steve moore next. Hey, jesse. Who are you . Im vern, the orange money retirement rabbit from voya. Vern from voya . Yep, vern from voya. Why are you orange . Thats a little weird. Really . Thats the weird part in this scenario . Look, orange money represents the money you put away for retirement. Save a little here and there, and over time, your money could multiply. See . Ah, ok. So, why are you orange . Funny. See how voya can help you get organized at voya. Com. Its being called the trump bump. Despite the initial plummet on election night, the dow soared after the upset victory with finance and Energy Stocks leading the way. Massachusetts senator Elizabeth Warren not too happy with the rally, tweeting on thursday, quote, why is wall street celebrating donald trump . Because his administration looks like an Investment Bankers dream. Steve moore is the senior fellow at the Heritage Foundation and economic adviser to donald trump. Good to see you. Hi, paul. Some economists, particularly keynesians are attributing to bump to bigger deficit spending. How do you see the rally . I think what happened was originally wall street and investors around the country were afraid of the kind of change that donald trump was going to bring, the kind of risk of anything thats new. I think when wall street and companies started looking at the real agenda of cutting taxes, pro America Energy policy, getting rid of a lot of regulation, hey, this is going to be good for investment. Incidentally, its not only the reason that the stock mark has risen. I would make the case that the intrees in Interest Rates, not significant, but the rise since election day are the result of the fact that theres going to be more demand for investment capital. When Companies Want to invest more, they go out and borrow and that raises Interest Rates. Its one of the few times when you actually a rise is Interest Rates is a good thing. Theyve been historically low anyway. Even in this rise, its not likely to tank the economy. What are the two big priorities here . I think everybody says tax reform right at the top of the list, maybe an exchange for Infrastructure Spending and repealing and replacing the Affordable Care act. Is that how you see snit. Those two obviously are legislatively right out of the gate. I think donald trump has a good chance in literally his first day in office when he enters the oval office, he is going to sign executive orders to repeal a lot of obamas executive orders, a lot of things you all have written about day after day on the journal editorial page, things like the clean power plant bill, some of the labor regulations that have been passed under obama. I think obama the democrats are going to learn that, if you live by executive order, you die by them. Remember Ronald Reagans first act was to rescind by executive order all the natural gas price controls. That led to a boom in the energy sector. Regulation is going to be a big factor. Then you go to the tax obama care issues. I havent worked too much on the obamacare issues, so ill laeig that to someone else. On the tax bill, i think we can pass something in the first 150 this is being discussed, not certain that you do a kind of jobs bill right out of the gate that has the business tax cuts which is really the heart of the plan, getting that rate down to 15 . We think we can get that through the house in 30 days because its so similar to what paul ryan wants to do. Then you take it over to the senate. As you said, maybe thats Infrastructure Spending in that package to get some democratic votes. Then i think you could get something with perhaps 65 votes in the senate. You may not need the socalled reconciliation i talked to kevin brady, chairman of house ways and means committee. He said he doesnt want to split Corporate Tax reform from individual tax reform because he believes that you have to do the two together to make the kind of efficient allocation of capital, number one. Number two, politically, if you do Corporate Tax reform first as you describe, you may never be able to cut individual rates. Thats a good point. I met with the chairman as well. He made the same point to me. Thats why this is being debated. Chairman brady wants to go for the big bang, get everything done. I would love to see that happen. The individual rates, we bring the top individual rate down to 33 , eliminate deductions. The only thing i would say about that, paul, and ive been an advocate of this for 30 years, its tricky. You have to take on a lot of the special Interest Groups in washington, the housing lobby, charitable groups, municipal people. If you dont that in the first 100 or 150 days, you never do it. Youve got to use that Political Capital right out of the blocks, dont you agree . Definitely. Look, when ive talked to the trump folks about this, they believe, and we believe this has to get done right away. When youve got disarray in the Democratic Party, thats when you move quickly. By the way, barack obama did that fairly effectively himself. The only difference is that i believe the mistake that barack obama made that i think he will regret for the rest of his life is that he never reached really across the aisle to try to get republicans on board. That means republicans have no buyin. Donald trump could in the first year of his Office Almost entirely repeal the entire legacy of Barack Obamas presidency when he talks about taxes and obamacare and so on. I take your point certainly, and i agree with it on reaching out to democrats. Here is the issue. Theyre going to ask for a price, and their price is going to be a fair amount of spending. Theyre going to take some of that money from tax reform and push it into public works or other things. If he wants senate votes to get to 60, hes going to have to agree with that. Here is the rub. Youre going to have a very big deficit if you do that. Whats your response to that . My response is our number one priority from day one is get the Economic Growth rate up, paul, from 1. 5 to 4 . You cant make any progress on the deficit or the debt until you get that growth rate up. Jobs was the number one issue for the american people. Thats going to be our number one priority. Thanks very much, steve moore, for being here. Thank you. When we come back, president obamas rule by regulation. He promised to use a pen and a phone to push his agenda through. As his presidency comes to an end, how easy will it be for the Trump Administration to dismantle that legacy . Ive got a pen and ive got a phone, and i can use that pen to sign executive orders want a feast fit for the season . At red lobsters holiday seafood celebration nothing says treat yourself like any of these indulgent new dishes. 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Xfinity, the future of awesome. We are not just going to be waiting for legislation in order to make sure were providing americans the kind of help they ne need. Ive got a ben and a phone. I can use the pen to sign executive orders and take executive actions and administrative actions that move the ball forward. President obama in 2014 famously promising to use a pen and a phone in his last two years in office to enact his agenda through executive orders and new regulations, something president elect donald trump has vowed to reverse promising to cancel, quote, every unconstitutional executive action, memorandum and order issued by president obama. Just how easy will it be to dismantle his predecessors policy legacy . Were back with dan henning ger, mary kissell and kate odell also joins the panel. Mary, if you dont put it in legislation, you dont need legislation to repeal it, the biggest boomerang in history . It could be. You reap what you sew. President obama didnt want to deal with congress. He issued all forms of executive order and his agencies went out and made up the law in some cases. Now i think President Trump has a great opportunity. James, whats the magnitude here . Lets take the executive orders first, how many are we talking snabt. Hundreds. More than 200 executive orders, more than 200 executive memoranda, essentially the same thing. Its the pen and the phone, the president saying on his own policies he wants. Those can all be reverse zbld some of these are routine, sort of making the government work. They wont all be repealed. Right. Executive orders and also administrative guidance, what was new about this administration is how significant these policies were, how much they tried to do with the pen and the phone. This is why you have the opportunity, without having to go to congress, even without having to fight about cost of tax cuts to basically provide a stimulus to the economy on day one. Then we have something, kate, called the midnight regulatory rush which this administration is pushing through, a lot of rules here, trying to, in the last couple months. They anticipated it would be president clinton who would be there and essentially sanctify all this. Now it looks like those are in jeopardy. Yes. Frid fridays federal register broke a record of 2016 at more than 1400 pages. One day. Indeed, exactly, one issue. You cant say theyre not getting their salaries done here, although none of it will end up being real. Under the congressional review act, congress has 60 days to pass a vote repealing regulation. They will have plenty of time in january and that can reach back to may. This is 60 legislative days. They can bring the rules to the hill and with majority vote go, go gone. Mary, they did that with four rules, congress did this year, but the president didnt sign them. Yeah. President trump will sign them. Thats right. I also think its important to emphasize that everything these federal agencies do has an influence on business. Take, for example, the equal Employment Opportunity commission, something weve written a lot about on the editorial page, just when they issue guidance, for instance, they want to dissuade companies from using criminal background checks. That wasnt a law, wasnt a regulation. That was a paper they put out that said we dont want you to do this anymore. What are companies supposed to do . They stopped using criminal background check z because they dont want to be investigated by the federal government, dont want to spend that money. One would hope President Trump would put into place people at the top of these agencies that refocus the agencies on what their jobs are supposed to be. Weve been covering this for years. This is one of the areas of Economic Management which is not as well understood. Everybody talked about taxes and spending which is a little easier to grasp. Regulation is so widespread across the economy that when we talk to business folks, they come in and say this is the thing thats really holding us back. This could be an economic stimulus from President Trump without passing any laws. Thats exactly right, paul. We have to make clear that donald trump is not going to say hes going to rescind or turn over this stuff out of spite of barack obama. Its being done because the democrats dont understand if they put out a torrent of regulation like this, especially with the Environmental Protection agency and the clean waters, the United States directive or the clean power act, it has no real effect on the economy. Indeed, theres a reason why the economy has been growing at less than 2 . This is a large part of it. One more issue. Also theres the cultural side of this. Take the title 9 guidance that was put out by the education department. It was called guidance. It wasnt even a directive from the government. Every institution of Higher Learning in the United States set up panels to review sexual abuse charges, essentially reversing due process on campuses. Donald trump can with the wave of his hand reverse those guidance orders put out and transformed higher education. Thats the sort of thing i think that had people notice because there was so much coverage of the title nine sexual abuse cases on campus. They will breathe a sigh of relief on campus over that. Still ahead, dismantling obamacare would be the biggest blow to the obama legacy. Could republicans promise to repeal and replace actually become repeal and delay . Vitamins and minerals. For the strength and energy to get back to doing. What you love. Ensure. Always be you. Repeal and replace obamacare. Reports this week say a new strategy is gaining steam on capitol hill that would quickly repeal most of president obamas Affordable Care act but delay the effect for up to two years. The plan would allow republicans to deliver on their promise to repeal the unpopular law on the next congress while buying them time to come up with a replacement. Scott gottlieb is a fellow from the American Enterprise institute, a frequent contributor to the wall street journal editorial page. Welcome, scott. Good to see you. Thank you. What do you make of this emerging strategy that says the way i hear it, the senate wants to go ahead and say lets repeal it first, give us a couple years to replace it. The joses lets wait a year to repeal and do it repeal and replace at the same time. What do you make of that . What im hearing is theyre more likely to go with repealing the whole thing through reconciliation but leaving apart the parts they cant repeal with 50 votes, the laws that say an insurer has to issue a plan to anyone who wants one and cant charge people more if they have preexisting health conditions. Those will stay in place. But then what they would do is theyd allow the subsidies to continue to flow into the exchanges for about two years to give themselves time to put in a replacement plan. People who supported obamacare have been crying into their keyboards arguing the plans will pull out anyway. Thats simply not true. Thats not true. You think thats not true . Here is the problem, the risk i would say, politically, if repeal something and say, all right, two years from now we will replace it, you really are taking a big risk because what happens if something happens, the president becomes less popular, you change congress in 2018 and then youre not able to replace with what you want. You can replace it in a piecemeal fashion, you dont have to replace it in one grand measure like they tried to do with obama care. You can replace it with target or reforms to the markets. The medicaid hmos, the backbones of the exchanges right now, are willing signaling that theyll stay in the exchanges through 2018 if they repeal the bill but let the subsidies continue to flow. The blues will stay as well. Blue cross and blue shield. Right. Those are most of the plans in the exchanges anyway. Remember, theres a lot of things the Incoming Administration can do to provide regulatory relief to the plans to keep them in those markets. I dont think the exchanges fall apart. They start to narrow but dont fall apart. Theyve been narrowing anyway narrowing with fewer choices on higher prices. Is that going to get worse . Even if the exchanges dont fall apart, could you see fewer choices or plans and could you see higher prices . This could be on the republican watch because theyre now in charge. I think you will see some choices get out of the market. I think its going to fall back to the medicaid hmos and the blues. There are a lot of things you can do with regulation, change the essential health benefits, the mandates on what the plans have to provide, you can provide more flexibility on the actuarial values. You can have defined enrollment periods. You can unwiped all that. Do you like this idea of repeal and delay or would you like to do it at one time . I would like to get rid of it now. If it has to be multiple measures to replace it, then so be it. I dont think you can understand how bad obamacare was until you repeal it to borrow a phrase from nancy pelosi. You think once you repeal it, is there a chance youll see more choice emerge because people will say we know whats gone, in anticipation of whats coming might be better . Theres a chance if they reform the Insurance Market through regulation, start providing more flexibility back to insurance plans, you might see more choice enter the individual market outside the exchanges. You might see that market start to grow. I still think the people in the exchanges will be able to find coverage in the exchanges. They probably will face fewer choices because some plans will get out of the market, but enough will stay in that youll have a choice of plans and have the subsidies to buy those plans. Really people the only people really entering those markets right now are the people who qualify for the very rich subsidies, the cost sharing subsidies. Lets deal with the issue of preexisting conditions, if you have, say, Breast Cancer and an insurer wants to insure you, they cant deny you coverage based on that condition. A lot of the architects of obamacare are saying you cant keep that provision and still and repeal obamacare because the insurers will work around that, still find a way to deny coverage. How can you solve that problem which donald trump says he wants, preexisting conditions, and give insurers the freedom to price their products so they can make some money . Well, assuming you do get rid of those provisions, those Insurance Market reforms in the long run, and im not so sure you can, not so sure you can get 60 votes in the senate to repeal those provisions because they are popular, you can provide the same incentive you can provide effectively the same guarantee for people by giving them an incentive to get into the Insurance Market and stay in the Insurance Market. You can say if you get into the Insurance Market and dont drop your coverage, you cant be dropped and cant be rerated if you get sick. Much like as people have protections if they more from employer to employer, they dont get dropped or rerated because theyre moving from insurance pool to insurance pool. You can extend those same kinds of protections to people in the individual market. You use carrots instead of sticks to keep them in the market. That said, some people will need to be subsidized to get in the market and some will need subsidies. Thats a manageable challenge. The key thing is for republicans, youre going to have to subsidize, go into have to still continue with some tax credits for people to subsidize their coverage. Thats not going to be repealable. In the long run, if you come in with a replacement plan, certain people will need tax credits to help them buy coverage. You provide some kind of tax assistance in the individual market as well. All right. Good. Thank you dr. Scott gottlieb, great to see you again. Thanks. Still ahead, as democrats deal with the fallout from their election loss, could congresswoman nancy pelosi be the first victim of the struggle to reshape the party . Its time for a new direction, a new way of doing business, a new Democratic Party. I really did save hundreds of dollars on my Car Insurance with geico. I should take a closer look at geico. Geico has a long history of great savings and great service. Over seventyfive years. Wait. Seventyfive years . That is great. Speaking of great, check out these hot riffs. You like smash mouth . Uh, yeah i have an early day tomorrow so. Wait. Almost there. Goodnight, bruce. Gotta tune the a. humming take a closer look at geico. Great savings. And a whole lot more. [and her new business i do, to jeanetgo. Jeanette was excellent at marrying people. But had trouble getting paid. Not a good time, jeanette. Even worse. Now im uncomfortable. But heres the good news, jeanette got quickbooks. Send that invoice, jeanette. Looks like they viewed it. And, tada paid twice as fast. Oh, shes an efficient officiant. Way to grow, jeanette. Get paid twice as fast. Visit quickbooksdotcom. Theres a debate going on about whether we should be the party of the diverse Obama Coalition or the blue collar american in the heartland. Some think we need to make a choice and spend all of our energy focused on one group of americans or another. I believe that there does not have to be a division. In fact, there must not be a division. That was new york senator Chuck Schumer wednesday urging unity in the Democratic Party following their election defeat. Schumer was chosen to lead Senate Democrats wednesday, replacing retiring minority leader harry reid, his election a somewhat easier path than the one facing nancy pelosi. With ohio congressman tim ryan announcing thursday hell challenge her for the top democratic post in the house. Were back with dan henning ger, jason riley, mary kissell and james freeman. Dan, youve known Chuck Schumer for a while. Kind of a politician is he . Hes a politician that loves to do politics, paul. The one thing thats going to happen in washington is that the long eightyear political desert under barack obama is about to end. Obamas problem in large part was he just didnt do retail politics. He didnt like to mix it up with people. Donald trump is going to be on that phone all day long i think with both republicans and democrats, and one of his main correspondents will be Chuck Schumer. Whether anything comes of that is a good question. Hes being pushed by his left. You saw Bernie Sanders in the back of the photograph and by Elizabeth Warren, especially the Democratic Caucus in the house which is dominated by people on the left. The question is whether or not Donald Trumps intention to do things to grow the economy like cutting, say, Corporate Taxes, is going to get support on the democratic side. So thats the key, jason, is that hes going to have the running room, schumer, to negotiate with the president. I agree. There are deals to be had between Chuck Schumer and a Trump Administration. Tax reform, the carried interest issue. Chuck schumer, wall street, he understands that issue. They can deal that. Infrastructure spending. Chuck schumer likes to spend mon many. But how much freedom will he have inside his own caucus . Chuck schumer . That is the 100,000 question. There is a serious division. You have the democratic leader of the senate from new york, right mao the democratic leader of the house, a coastal elite from california. What you see are challenges coming from people in the interior, tim ryan of ohio who said that he is interested in challenging pelosi comes from ohio, not just anywhere in ohio, hes in charge of a district that includes a place like youngstown, an Industrial City that obama won easily but was basically a draw this time around. Hes saying our party needs to pay more attention to these working class white americans that trump flipped. I think Chuck Schumer has a good argument within the caucus because they have to look towards the next set of Senate Elections which will be much more difficult for democrats than republicans. Democrats are going to have to defend some 25 seats here. Ten of which are in states that trump won. Exactly. So Chuck Schumer needs to give Democratic Senators something to run on, some achievement. He can do that by doing a deal with the republicans. What about this issue, james, our colleague kim strassel wrote that democrats seem to think that the way to react here to get white voters back is more income redistribution, more taxes, more spending. Is that the answer . Its not the answer. Part of the problem is theyre focused on white voters and thinking that this has been some statement on race in this election. You also saw trump do better among blacks and hispanics than romney did. The problem is the economic one. The obama plan on the economy failed on its own terms. Thats what they have to come to grips with. Let me ask you about the point of identity politics. There are a lot of democrats who think this policy of slicing and dicing the electorate by race, gender and age has been a mistake because it didnt allow you to focus on some of the larger themes that donald trump was able to focus on. Absolutely. This is a slow growth economy. All the trump message was basically making America Great again, whether you thought it was already great or whatever, the point is we werent delivering what basically people want in terms of rising incomes, new opportunities, new job creation. Until they decide theyre going to start focusing on that, i think theyll have a problem. Just to upped line the problem, in 2018, not just ten seats, democrats are running for reelection in trump territory, five of them he won with 60 or more. Hes got to move to the middle. Schumer is going to get a lot of those folks and let them vote with trump and then hell use the majority left wing of his party to still filibuster a lot of what donald trump wants. Dan, let me talk about nancy pelosi. Is it time for her to ride off into the San Francisco sunset . It is time for her to do that, paul. She and her two deputies, steny hoyer and jim clyburn are both over 70 years old. Its time to turn it over to the next generation, the question is whether it would be a generation of moderates or from the left. Most of the members of the caucus are left wing democrats. Theres one other issue here. Nancy pelosi since she became minority leader has raised over 500 million for the democrats, a half billion dollars. One of the parties to this debate will be those wealthy donors who incidentally Bernie Sanders is denouncing. Nonetheless, i think those donors, like tom steier from silicon valley, theyre the ones, theyre smart people, successful in their own businesses, theyve got to decide where this party will do something to grow the economy or simply stick with these issues like gender relationships and identity and that sort of thing. I think theyre going to have a big role in deciding which way the party goes. When we come back, Electoral College outrage as Hillary Clintons lead in the popular vote goes, so do calls to eliminate the system that sent donald trump to the white house. As Hillary Clintons lead in the popular vote surpasses 1 million, calls are growing for some democrats to abolish the system that sent donald house. With california senator Barbara Boxer and new york congressman Charlie Rangel introducing legislation to eliminate the Electoral College and decide future elections by the outcome of the popular vote. Were back with dan henninger, paul riley and kate bachelor odell. Does it undermine the legitimacy of president elect trump that he lost the popular vote . I would argue it adds to his legitima legitimacy. Here is why. Precisely as were hearing theres a new unique threat to democratic institutions, the left has built a campaign to destroy something that is a great check on executive power because it forces a candidate to build a consensus thats broad and do you recall and not a broke yall majority. Both candidates knew the winner would be whoever won 270 electoral votes. If it had been a campaign on the popular vote, they would have campaigned differently, correct . Right. If football were about getting the most field goals, it would have been played differently. Basically donald trump would have camped out in tks tksz and Hillary Clinton would have tried to win more in california and new york. Trump would have campaigned in parts of california, too, to reduce the margin. No . Absolutely. I would argue youd have a lot more tradeoffs. What do you think, jason, about this idea, republicans have lost six of the last seven elections in the popular vote, but only lost four times. Youre right. I think some people have a problem with that. The founders did not want direct democracy. They were quite clear about that. They wanted people campaigning all over the country. They wanted all the states to have a say in who became the next president. Thats why we have the system we have. I think this legislation is fine congress, youd need 38 of 50 states to ratify it, to change it. By the way, in 2012 donald trump tweeted the Electoral College is a disaster for our democracy. I think hes changed his minmind now. There are some people who say, look, the Electoral College actually is bad because it enhances the role of the large states, gives a state like california with 55 electoral votes more power than wyoming and north dakota, south dakota, all these states which you can ignore . In a close election, obviously theyre all important. It didnt happen this time. You could have seen New Hampshire being decisive, seen nevada being important right at the end there. Shortterm, i think this is probably good for republicans to the extent that democrats waste their time saying it was the Electoral College and james comey, fake news, racism, sexism. To the extent they dont look at the problem, thats probably good. Long term i think this is corrosive. Whats corrosive . The attack on the Electoral College and the constitutional system which has worked well for two centuries, one thing this will do is make very partisan Public School teachers start teaching their children about still another flaw in our constitution. I think it is an irresponsible and longterm corrosive impact to blame the Electoral College. Short term, to the extent democrats ignore the real problems, probably a benefit for republicans. Republicans now, dan, do they have an advantage in the Electoral College . For the last eight years weve heard democrats have this blue wall, this structural advantage in the Electoral College. Suddenly it blew away in one election. Ive always thought this idea of the socalled structural advantage of the Electoral College is false because if you actually get really close elections, you can win the Electoral College even if you lose the popular vote. Yeah. Think three states paul, pennsylvania, wisconsin and michigan. They were not supposed to be broken out of the blue wall. Donald trump figured out a way to bring them to the republican side and it transformed the Electoral College. That is why she lost. It was just simple smart politi politics. Thank you very much. We have to take one more break. When we come back, hits and misses of the week. Im only in my 60s. Ive got a nice long life ahead. Big plans. So when i found out medicare doesnt pay all my medical expenses, i looked at my options. Then i got a Medicare Supplement insurance plan. [ male announcer ] if youre eligible for medicare, you may know it only covers about 80 of your part b medical expenses. The rest is up to you. Call now and find out about an aarp Medicare Supplement insurance plan, insured by unitedhealthcare insurance company. Like all standardized Medicare Supplement insurance plans, it helps pick up some of what medicare doesnt pay. And could save you in outofpocket medical costs. To me, relationships matter. Ive been with my doctor for 12 years. Now i know ill be able to stick with him. [ male announcer ] with these types of plans, youll be able to visit any doctor or hospital that accepts medicare patients. Plus, there are no networks, and virtually no referrals needed. So dont wait. Call now and request this free decision guide to help you better understand medicare. And which aarp Medicare Supplement plan might be best for you. Theres a wide range to choose from. We love to travel and theres so much more to see. So we found a plan that can travel with us. Anywhere in the country. [ male announcer ] join the millions of people who have already enrolled in the only Medicare Supplement insurance plans endorsed by aarp, an Organization Serving the needs of people 50 and over for generations. Remember, all Medicare Supplement insurance plans help cover what medicare doesnt pay. And could save you in outofpocket medical costs. Call now to request your free decision guide. And learn more about the kinds of plans that will be here for you now and down the road. I have a lifetime of experience. So i know how important that is. Time now for our hits and misses of the week. Jason, start us off. Paul, this is a miss for the university of virginia where students and faculty are outraged that the president of the university quoted Thomas Jefferson in a letter to students. Of course, jefferson founded the university of virginia but, of course, he was a slave owner, so they dont want him quoted in material or quoted by the president of the school. Should we close down the universi university . The absurdity here, its hard, the stupidity of hypocrisy. Apparently students dont mind attending the school, pack consult doesnt mind working for one, as long as the man is not quoted. This is a hit for northbound north korea senator ben sasse who this week moonlighted as an uber driver as a way to work alongside and meet some of his constituents. The best part is he did not promote the gig and the press only discovered it after a rider tweeted a photo with a fivestar rating. He donated the money to charity. Way to be a happy warrior. James . This is a hit to americas turkey farmers who have been so productive that this years thanksgiving dinner will cost less than last year. Inflation adjusted terms, turkey dinners are cheaper than they were 30 years ago. This is great because, even if i hurt myself next week trying to fry it, it least it wont cost a lot of money. How big a turkey at the freeman household . 15pound fryer, maybe one in the oven. Ill give a miss to president barack obama who went to greece and germany this past week. While in germany, he announced the process of globalization needed what he called a course correction. It needs a course correction because the benefits arent being spread broadly enough. You have to ask where has he been the last eight years while the world was being globalized . He sounds like some guy who was sitting in a rocking chair at the white house watching the world pass by. Hes the president of the United States, if the benefits arent spread broadly enough, presumably he has something to do with it. He gave advice to donald trump not to be too soft of Vladimir Putin yet it was president obama who did the reset when he took office. Thats right. Then he said he helped Angela Merkel carry the load. Hes responsible for a lot of the load shes carrying. Thats it for this weeks show. Thanks to all of you for watching. Ill see you right here next week. President elect donald trump with a packed schedule this weekend as he works to name appointees for his Incoming Administration. Mr. Trump spending time in bedminister, new jersey, where hell be meeting with multiple republicans and potential cabinet members. Welcome to a brand new hour of americas news headquarters. A very busy schedule this afternoon. The president elect met with 2012 nominee mitt romney. This comes after romney was one of mr. Trumps harshest critics, calling him a con man and a fraud, but then congratulating mr. Trump and

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