Dangerous development in a flash mob looting and President Biden calls China Economy a ticking time bomb. And Randi Wiengarten out with a new attack against Florida Governor ron desantis. Weve got a lot of show for you tonight. Im liz mcdonald and the evening edit starts right now. Elizabeth large crowds for former President Trump and the president was in iowa and he continued to campaign on the economic record and joining us is alena habba. Thank you for joining us. Whats going on with the grand jury in the potential fourth indictment coming out of georgia. Can you weigh in. As youve heard, one of the things that happened was that the court put out a document and it was not supposed to be out. They put out the angle that was a weak document and not real. I can tell you things are obviously trying to be rushed after the leak on the Court Document and if that was real, its a problem. The grand jury is still meeting and theres no reason to be a indictment and there was no vote. Theyre ru
Overturn the results of the election here in georgia. And to support this, shes offered up a nearly 100page indictment that detail 61 acts that were part of this conspiracy across these 19 defendants. There were also 30 Unindicted Coconspirators and these allegations span 7 states and the district of columbia. While this is the fourth criminal indictment trump faces this year, this is by far the most sweeping. Rico cases are challenging. They tend to get drawn out. When you have 19 defendants and their attorneys, its easy to see how things could get drawn out for months or even years, but the District Attorney said she wants to try everyone together, and shes hoping to ask for a trial in the next six months. So former President Trump and the 18 others who have been indicted have 10 days to voluntarily surrender. How might this booking look different from the other arraignments trump has gone through . Reporter its going to look different than what we have seen at the federal level. We
This indictment is so off the walls, wearing uncharted territory with these types of charges, is absolute nonsense political persecution, this complete tierney in georgia today. The air has to come out of some of the tech names because they have been really stressed over the last six months those things are going anywhere. We go to yearend market is looking at the high evaluation against higher Interest Rates and the underlying economy is so strong and after this rocky. Things might get a little bit better. Stuart i love this song, here comes the sun from the beatles. I was shimmying before this came on. Stuart i hope we got on tape, 11 00 oclock on the east coast on this friday august the 18 18th, to the markets, the dow is turned around, at one point down over one or two points, now its up eight, same with the nasdaq down 150 now its down 74 a small lawson s p, big tech earlier they were all down, they are still all down but not as much, apple 173, microsoft was at 312, now it is at
Voters, weve got the sound. And, you know, you cant make this up. The white house all day today would not acknowledge inflation, how its hitting you as they celebrate the Inflation Reduction Act. That they privately admit doesnt cut inflation at all. They own it, they cant blame trump. And President Biden practically flies over but does not visit East Palestine, ohio, site of that toxic rail crash. He said he would. Is he making the same empty promises about visiting hawaii . And weve got how former President Trump can fight back against his latest indictment. And this outrage, a george sorosbacked d. A. In oakland, california, facing a recall sticks it to her voters, gives her boyfriend a sweet sixfigure job in her own office. Also farleft congresswoman ocasiocortez and Rashida Tlaib loudly demand bidens student loan bailout but stay silent on their own big Student Loan Debt. Im liz macdonald, the evening edit starts right now. Elizabeth welcome to the show, thanks for joining us. You
Happy birthday happy birthday neil where did the time go . Happy birthday, Inflation Reduction Act, when youre young to point the president planning to pull out all the stocks even though he seems to acknowledge maybe they should have called the budget busting measures something else. A lot of green to go green even though that wasnt how the white house sold a year ago, justified the 750 billion pad, a means of producing americans price tag and today the president is expected to brag he did he said it would do, bring prices down. What has happened to inflation since . 12 straight months of prices easy but spending didnt do that and this inflation reduction didnt do that. The Federal Reserve and a year of unending hiking Interest Rates near 0 did that. Investors know that. We all know that. Spending may boost Economic Activity but it always comes at a cost. Had the fed not more than quintupled rates and most Central Banks did the same thing, the exact same period things would be differe