for a gallon of gas. laura: charlie, i have to ask you because powell moving in for another term, right? is that a fore gone conclusion? in this administration, you seem to be able to fail upward pretty easily. kept going, more. there is a lot of bizarre by joe biden. he was considered the bad choice by republican spirit they could have been more but still trying to get some very socialist members of the federal reserve and there. i mean socialist. i throw the word socialist around a lot. laura: charlie, thank you for bringing us back to brass tacks dollars and cents where it does matter. charlie, great to see you tonight. in a moment we go back to your crane work correspondents are standing by but first, it is no secret biden anti-oil,
next year, i mean, given how fast this has escalated? a lot of people never thought that putin would go for kyiv. where do you think it ends? i think it will end, it will end with the full collapse of russia. in ukraine will win. laura: serge thank you for joining us tonight and i hope your family and you are able to stay safe. keep updated if you can. marco rubio vice chair of intel. senator over the weekend, putin ordered nuclear forces to be on high alert. aunt biden was asked about this today. watch. mr. president should americans be worried about nuclear war? no. laura: senator, is that a quick no from biden. should he be this confident given how precarious what we
you said it china s far greater challenge and involve mobile what s happening in ukraine but china is ten times the size of russia and economic support to russia and military will be just as strong. i think you made a number of grievous mistakes as a country and our policies since the cold war, which was a huge success there the work, a lot of the wars on the middle east, the financial crisis. but i think the long term the greatest might be sort of integrating china in and sort of giving them the keys to the bank without holding them accountable. and some ways it is naive and some people benefited but a lot of americans didn t. i think we are going to have to have fundamentally different approach against economic relations with china where we are thinking this is not just about trading for goods of walmarts. this is going to be geo-economic relationship wearing competition to dominate first asia and also be able to dictate and they are
tell american corporations and i was looking at your tweets over the weekend. it is time to bring your operation back home because we are sending money to your crane and help the ukrainian people. but china, the money wasted to china will help vladimir putin by energy. it is a big circle of disaster that we are in part funding by trade policy with china. what is more interesting than that, a lot of btus unbroken technology that we can t possibly use because it s made in china. the production, supply chain issues a single vulnerability and exposed by covid. it will be exposed in the future with some conflict. look, russia cannot impose but china could because of how deeply ingrained our corporate cost has become in the chinese model and the chinese economy. in fact, they become lobbyist to the chinese and deputize our corporation to come up here in the lobby chinese. they are making money in the
not a lot of appetite, to say the least for further military escalation. certainly on the part of the united states. as definitely as bad as we feel for the ukrainian people, the polling on this is just not where i think a lot of republican war hawks wanted to be and even some of the democrats. so, what of that? look, we do not need american troops in ukraine. but what we need to do is recognize we have certain strategic advantages over putin, the russians, but also, laura, over china and president xi paying and we need a stronger military. biden put forward a budget last year to cut defense spending. we don t need that, but back to the other issue. we actually need to make sure we are using the amazing resources that we have in this country, whether critical minerals, whether oil and gas. these are the kind of things