Ukraine intractable, syria, extend the new star treaty for five years thats going to expire in 2021 as a result of these two president s coming together . Yeah. Can they agree for no Nuclear Proliferation and put pressure on north korea and also put pressure on iran . Is that possible . I think so. Paul okay. Lets talk about the domestic politics here because you know to have an effective Foreign Policy, you need domestic support. And the way the president handled that Press Conference has really hurt him in terms of his ability, i think, to maneuver inside congress and have the support he needs. Why did he get such at odds with the Intelligence Community judgment about 2016, when he really didnt need to . Yeah, i mean, listen, monday was a disaster. I think it was a low point of his presidency, to be sure. I dont get it to be frank, paul. I mean, i know that they put a
president . You know, theres a lot of misunderstanding about this. In talking to the people around the president , wh
andy kessler writes the inside view column for the wall street journal and he s founder of the silicon valley hedge fund velocity capital. andy, great to see you. thanks for coming in. what do you make of the eu s fine this week and the charges against google? well, the fine itself is irrelevant. you look at the numbers, 830 billion dollars market cap, 100 billion in cash, 13 billion in profits last year. that s not the problem. it is the concept of they are annoyed about 11 apps they installed including maps and search and assistance trying to say that s anticompetitive. but google, android, it is a platform. it is a platform for others to compete on. lyft versus uber and spotify versus pandora. it is a wonderful competitive environment and they compete against apple. bureaucrats are bureaucrats so they had to do something. paul: they say look, when they go to a handset maker and they say if you want to use android, you have to put these our apps, google maps, youtube,
operating system. andy kessler writes the inside view column for the wall street journal and he s founder of the silicon valley hedge fund velocity capital. andy, great to see you. thanks for coming in. what do you make of the eu s fine this week and the charges against google? well, the fine itself is irrelevant. you look at the numbers, 830 billion dollars market cap, 100 billion in cash, 13 billion in profits last year. that s not the problem. it is the concept of they are annoyed about 11 apps they installed including maps and search and assistance trying to say that s anticompetitive. but google, android, it is a platform. it is a platform for others to compete on. lyft versus uber and spotify versus pandora. it is a wonderful competitive environment and they compete against apple. bureaucrats are bureaucrats so they had to do something. paul: they say look, when they go to a handset maker and they say if you want to use android, you have to put these our apps, google maps,
their level best to come out of their circumstances and they ve got this giant obstacle in the way. it is this president s policies. greta: joining us karl rove. author of courage and consequence. nice to see you. great to see you greta. greta: joke or wisecrack and admission of failure? well, i suspect it was meant as a joke. but the joke is on us. if anybody looked at the stimulus bill, 830 billion dollars, they would have seen out of the total 5.7%, 47 billion dollars was allocated to the federal highway administration, the mass transit authority, high speed rail or the faa. we all thought shovel-ready building a road, bridge, extending a railroad, building a runway, high speed rail. that was 5%, less than 6% of the total amount of spending that was in this bill. as a result, the extravagant
promises about how shovel-ready projects, it was 6%. greta: the shovel-ready ones of the 6% were expected to rev up the economy and get going. where did the other 94% go? it was spent on a lot of things that were not shovel-ready projects. greta: anything that generates more jobs? no a bunch to bail out state and local government budgets. so they could keep workers aboard. most of the money went to education required you to maintain top up you had to maintain your current level of activity. and use the new federal money to add on top of it. greta: to make payroll, maybe add some employees. but the problem is unless those people went out and spent more to rev up the economy, we are back having to make payroll the next cycle. do you think they could have sold this to the american people had they said look we are asking for 830 billion dollars and we want to reemphasize, only 6% is going