Transcripts For FBC Risk And Reward With Deidre Bolton 20171

Jumped the track. There were wines. A local mayor wanted us to weeks ago about the dangers of this in an accident was almost inevitable. They have the details on that. This is why we must upgrade infrastructure. He is now getting ripped for what democrats had been saying for years. Even though her dash make his speech echoes the prior democratic president. The tax cuts, Christmas Eve not a single democrat voted for them though. And the president is assigning the media again. He would fire special counsel Robert Mueller. We have the latest on the russia probe coming up an allstar guest lineup. The americans for tax reform president grover norquist. They are all here all tonight. Welcome to risk and reward. Im elizabeth mcdonald. The dow ending a hundred 20 points and just shy of 24792. The russell 2000 all in the green. More on that in a moment. Ntsb now investigating that horrific amtrak derailment. That left at least six dead and dozens injured. Two weeks ago that local mayor in washington he is don anderson. Now this sped down the tracks and meant for older free trains at 81 miles per hour. Lets get to ashley webster. Thirteen cars derailed. This is exactly right. Many of those inter dash mike ending up on the interstate below. Basically travels from mexico to canada. Its a very busy road and remarkably as this train derailed in the cars came crashing down to tractor trailers were hit but no one in vehicles were killed. They were injured but not killed. As you say the death toll is at least six people about the problem is rescuers have to shore up those dangling cars and others and therefore we dont know what the death toll well finally be. The mayor of lakewood. As a little town just north of where this derailment happen. This is highspeed service. I dont think you had tested it properly. Is talking more about pedestrians and cars being hit. Almost more than coincidence that he have this concern. We have the ntsb how did this happen. On his way out to the west coast a team of 20 investigators they will be looking for the black box. How fast was this train traveling. What position was the throttle in. We do know that amtrak late this afternoon admitted that there there is no positive train control. They call it the angel on your shoulder is on the track and he can slow down trains. The train went off the tracks at around 20 to eight in the morning. Didnt hit something on the tracks. It was a going too fast. They did a test of these trains. Were not talking about japanese and bullet trains and they can do 300 miles per hour. Were talking about 79 to 80 miles per hour. These tracks have not been used for speeds like this. That is why they went ahead and allowed at the the service to begin. Donald trump on hearing this news a put out this tweet. The several dash make several trillion dollars. Its gonna take a while of course. Could it had been speed it was a going too fast for that curve. Six people lost their lives at least. That number is expected to go up and more than 70 people are transported to local hospitals. As horrible as it was it couldve been worse. No one in a vehicle was actually killed by what we saw today. Thank you so much for that. Turning to the First National security speech lets bring in blake burman from the white house. The president making the case that Economic Security is National Security. Gdp growth which is way ahead of schedule under my administration will be one of americas true the greatest weapons. China and russia challenge american power. It did note that it is important to work with the russia as he sees on certain issues like terrorism the presidency and that the cia was opal to thwart an attack in st. Petersburg. It potentially could have saved thousands of lives. Partnerships with rival powers like china and russia they will only occur if its in the national interest. While we seek is such opportunities of cooperation we will stand up for ourselves and stand up for our country like weve never stood up before. The president also used the speech to pitch the need for infrastructure as you know. When tax reform likely gets wrapped appear up here at some point later this week the infrastructure that is the ministrations next big legislative item. Here to weigh in on the National Security speech lets get to paul botticelli. He is not with the acton institute. Thank you for coming on. What was your reaction to that. He is exactly right. Like a lot of things of the president does as a breath of fresh air. He has been quite realistic and he seen what his instincts tell him. That National Security strategy reflects that. That is true about russia and china. The president is echoing what more than half a dozen president s have said. The former speaker of the house newt gingrich. The president s speech was the great tradition of truman and reagan. What is your reaction to the media ripping into trumpet now. A lot of our founders in former president s. I think the media will be unhappy with them no matter what he does. And another thing that he said Foreign Policy has been dominated by diplomats and lawyers. And they have their place. They dont know. The power at the end of the day is what was going to settle disputes. They needed to be need to be clear that it will use its power to make sure that the interests are fulfilled as every other country does. We are getting back to the reality of that. Everyone has to take our interest seriously just as disses we will take theirs seriously. Similar to the carter era. This is a republican and democrat had not been realistic about Foreign Policy and i think again as i have said the instincts and his top advisers reflected in that strategy and it is as you said a true reset of what our Foreign Policy should be which is first and foremost our interest have to be accommodated. Obamas 2015 speech. He never mentioned the word jihad or jihadists. Lets attorn to the turn to the horrible amtrak development. We are closely monitoring the situation. That is all the more reason why we had been starting. We have an s and the sea. We need that money on infrastructure. It is going after trump today on the need for infrastructure. In the first time he spoke i think. He is always talked about it. Whether or not this derailment turns out to be anything other than operator error or whatever. The government and on what gets politicians elected. And if infrastructure has not been important enough. They have failed to do it. They have all also the same thing. It was reportedly going down. They were older tracks. I heard a couple of experts are talking about that. We and thus can happen when you dont Pay Attention to them for structure over the years. My hope is that it is a good infrastructure bill and a porkbarrel bill. A day of records on wall street. Nickel peddling is on the floor of the New York Stock Exchange with the latest. Nicole. The stocks are higher across the board. And it reaches a monumental up monumental milestone. Seventy record it closes. We have never seen 70 in one calendar year ever in history. Its up to hundred 40 points. Also at records. Gaining alltime highs. Back to you. They laid out at to the National Security strategy with the economic competitiveness. The American Restoration speech. We will stand up for ourselves. Like we have never stood up before. But through good times and bad. At t. Rowe price. Weve helped our investors stay confident for over 75 years. Call us or your advisor. T. Rowe price. Invest with confidence. With the story for you. The power is now back on in atlanta after it caused the complete power outage. More than 1100 Flights Canceled yesterday. After the massive outage. They waited hours and hours yesterday. President trump outlined his National Security strategy. Lets rotate. For the first time american strategy recognizes that Economic Security is National Security. The vitality growth in prosperity at home they traded away for prosperity and it will end up losing both. Joining me now is economists. Merry christmas. Reagan, kennedy and truman edited it. It is a strong defense. We are very rich country. We will have better and National National mood and more optimistic and confident national mood. It is incredibly strong now. I dont think i think we are in any danger. China is academic and powerhouse of the world. But we want them to be powerful because they are huge customers of the u. S. As well as huge investors. We have a very high time getting that without the chinese maki its an interesting irony here. You know we talked about this. The democrats answer to insert to the trump growth agenda they want more redistribution programs something is communism. But correct me doesnt Bernie Sanders in the democrats see that both russia and china dumped communism. Not after the cold war ended. It was after the cold war ended. My old pal they were incredibly successful. Theyve never known quite what it is. We know in terms of Economic Growth they are a total mess. They have incredible amounts of national resources. Its the only way to go. In terms of showing the power of capitalism. This communism is making all of our people very poor. One child policy what lets go back to capitalism. There is an engine of oppressive for the whole world. It is a gift from god. We are in the christmas season. One of the major gifts from god is capitalism. Is just about as big as a russias entire market. We see it at play. They are out of their minds. It was a very prosperous and arising wonderfully impressive country. Of the regime than the one we have now. Now just wrecked that country. Some of the most capable wonderful people in the world. That could be a dynamo but theyve taken and socialized it. And rated it into a dictatorship. We are very much at fault if we dont come anywhere near where we are going. This is Bernie Sanders insert. 70 are in poverty now. You wanted to say something. Go ahead. Redistribution is not the key. Its trying to help the poor get rich. Thats how they get to be great. The democrats are saying you and the republicans hate the poor that the democrats have the answer. Not all. They are the party of the working class. People are hardworking and save their money who make it to have a better life. They are the party of opportunity. Not the party of taking and stirring up. They are the republican party. Theres more for everybody. If you just roll up your sleeves and get to work. I like to say personally that socialism and communism its one big element or canal by capitalisms brains and heart. I gift from god. Ben stein we love having you on. We look forward to you coming back soon. It is a great Stocking Stuffers now this political reporting president obama he derailed the campaign against hezbollah to secure the iran deal. It comes from politico. The Senior Investigative reporter there. He spoke with neil cavuto about his story earlier. Roll tape. They want to show that to the iranians. To the highprofile arrest. And investigations and things like that. It would be seen as a review to that. Quite a story. And also we have have the story coming up for you. He has been hypercritical of republican tax and Economic Growth plan. He thinks he has all the answers to fix the economy. He is silent about one country that he supported its leaders four. Their Economic Strategy is the way to go. Radio silence from Bernie Sanders. Guess which country it is. They are unpacked on track to pass. We will bring in americans for tax reform. He was annexed. He weighs in next. Layered fe. 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. I just finished months of chemo. But i dont want to talk about months. I want to talk about years. Treatments have gotten better, so. Im hoping for good years ahead. Thats thanks to Research Funded by the american cancer society. The same folks giving me free rides to treatment, insurance advice,and a place to stay during chemo. I need that stuff like you dont know. And now that you do, please give at cancer. Org our recent online sales success seems a little. Strange . Nk na. Ever since we switched to fedex ground business has been great. Theyre affordable and fast. Maybe too affordable and fast. What if. People arent buying these books online, but they are buying them to protect their secrets . . hi bill. If that is your real name. Its william actually. Hmph affordable, fast fedex ground. They appear out of nowhere. My secret visitors. Appearing next to me in plain sight. Hallucinations and delusions. These are the unknown parts of living with parkinsons disease. What stories they tell. But for my ears only. What plots they unfold. But only in my mind. Over 50 of people with parkinsons will experience hallucinations or delusions during the course of their disease. And these can worsen over time, making things even more challenging. But there are advances that have led to Treatment Options that can help. If someone you love has parkinsons and is experiencing hallucinations or delusions, talk to your parkinsons specialist. Because theres more to parkinsons. My visitors should be the ones i want to see. Learn more at moretoparkinsons. Com it seems to me the companies that have fixed as its domiciled here all companies you cant move an oil well overseas retailers Telecom Companies benefit from this tax cut, right some. Oh, absolutely they will be more income more wealth coming into the United States to invest and when more competition for american worker, so youre actually going to see wages increase. People talk about 2 3 4,000 for middle income family for tax cut alone. I think its going to be extremely helpful for growth and very difficult for the left, which made the mistake of saying your taxes are going up. To now start to backpedaling as you saw in the paper today, well, i guess almost everyones taxes are going to go down substantially. Liz stay on that because the media has picked up on a democrat echo chamber. And that is the deductions are going to go away. Thats going to be painful. But the rates are coming down. And weve got the midterms coming up. I mean, usually the midterms are a protest vote. Its a vote against. If the economy goes up, what happens to the democrats in the midterms . Well, theyre caught in a real problem. Remember when the reagan tax cuts took effect in january of 83, and you had strong Economic Growth. Ronald reagan was not very popular. He lost a midterm in 82 before the tax cuts took effect. But by 84, he carried 49 of the 50 states. The economy was doing well. It was hard to deny that. And back then, if there were as Many Americans in the stock market as there are today. More americans once a month every month from now until november will look and say i have more wealth. More savings in my life than i used to. Liz not one democrat voted for this. They are the walter democrats. Youre right. Its a landslide against walter. We love having you go on. Come back soon. Good to be with you. Liz now this. The force is strong with disney. The latest film in the saga opened to thisto 220 million. It is the second highest Opening Weekend with force awakens at 21. This film is expected to gross look at this. A huge 800 million just in the United States alone. Next, this story. Bitcoin now trading on the Worlds Largest futures exchange. Its called the cme. But is it the bubble of all bubbles . Youre talking about bitcoin derivatives. And look at this story. Want to know Bernie Sanders answer to trumps growth agenda . Look at venezuela. Were going to show you why Bernie Sanders answer is not good for the United States. It doesnt work at all. Thats coming up. Dont go away. news anchor downtown traffic is still bad. Expect massive delays. news anchor 2 all lanes on highway 50 remain closed at this hour. news anchor 3 the stats are in and this city leads with some of the worst traffic, with the average driver sitting in gridlock the equivalent of three days a year. For every hour that youre idling in your car, youre sending about half a gallon of gasoline up in the air. That amounts, over the course of the week, to about 10 pounds of carbon dioxide. Growth is good, but when it starts impacting our quality of air and quality of life, thats a problem. So forwardthinking cities like sacramento are investing in streets that are smarter and greener. The solution was right under our feet. Asphalt. Or to be more precise, intelligent asphalt. By embedding sensors into the pavement, as well as installing cameras on traffic lights, we will be able to study and analyze the flow of traffic. Then, we will take all of that data and we use it to optimize the timing of lights, so that traffic flows easier and travel times are shorter. And sacramento is just the beginning. With advances in cameras, sensors, and network speeds, we have the ability to make cities smarter, and happier. What excites me about this technology is that were using some of the most cuttingedge machinelearning, and ai, to help solve the most fundamental challenges that cities face around the world. Who knew asphalt could help save the environment . lani and the possibilities are endless. When it might be time to buy or sell . With fidelitys realtime analytics, youll get clear, actionable alerts about potential Christmas Eve<\/a> not a single democrat voted for them though. And the president is assigning the media again. He would fire special counsel Robert Mueller<\/a>. We have the latest on the russia probe coming up an allstar guest lineup. The americans for tax reform president grover norquist. They are all here all tonight. Welcome to risk and reward. Im elizabeth mcdonald. The dow ending a hundred 20 points and just shy of 24792. The russell 2000 all in the green. More on that in a moment. Ntsb now investigating that horrific amtrak derailment. That left at least six dead and dozens injured. Two weeks ago that local mayor in washington he is don anderson. Now this sped down the tracks and meant for older free trains at 81 miles per hour. Lets get to ashley webster. Thirteen cars derailed. This is exactly right. Many of those inter dash mike ending up on the interstate below. Basically travels from mexico to canada. Its a very busy road and remarkably as this train derailed in the cars came crashing down to tractor trailers were hit but no one in vehicles were killed. They were injured but not killed. As you say the death toll is at least six people about the problem is rescuers have to shore up those dangling cars and others and therefore we dont know what the death toll well finally be. The mayor of lakewood. As a little town just north of where this derailment happen. This is highspeed service. I dont think you had tested it properly. Is talking more about pedestrians and cars being hit. Almost more than coincidence that he have this concern. We have the ntsb how did this happen. On his way out to the west coast a team of 20 investigators they will be looking for the black box. How fast was this train traveling. What position was the throttle in. We do know that amtrak late this afternoon admitted that there there is no positive train control. They call it the angel on your shoulder is on the track and he can slow down trains. The train went off the tracks at around 20 to eight in the morning. Didnt hit something on the tracks. It was a going too fast. They did a test of these trains. Were not talking about japanese and bullet trains and they can do 300 miles per hour. Were talking about 79 to 80 miles per hour. These tracks have not been used for speeds like this. That is why they went ahead and allowed at the the service to begin. Donald trump on hearing this news a put out this tweet. The several dash make several trillion dollars. Its gonna take a while of course. Could it had been speed it was a going too fast for that curve. Six people lost their lives at least. That number is expected to go up and more than 70 people are transported to local hospitals. As horrible as it was it couldve been worse. No one in a vehicle was actually killed by what we saw today. Thank you so much for that. Turning to the First National<\/a> security speech lets bring in blake burman from the white house. The president making the case that Economic Security<\/a> is National Security<\/a>. Gdp growth which is way ahead of schedule under my administration will be one of americas true the greatest weapons. China and russia challenge american power. It did note that it is important to work with the russia as he sees on certain issues like terrorism the presidency and that the cia was opal to thwart an attack in st. Petersburg. It potentially could have saved thousands of lives. Partnerships with rival powers like china and russia they will only occur if its in the national interest. While we seek is such opportunities of cooperation we will stand up for ourselves and stand up for our country like weve never stood up before. The president also used the speech to pitch the need for infrastructure as you know. When tax reform likely gets wrapped appear up here at some point later this week the infrastructure that is the ministrations next big legislative item. Here to weigh in on the National Security<\/a> speech lets get to paul botticelli. He is not with the acton institute. Thank you for coming on. What was your reaction to that. He is exactly right. Like a lot of things of the president does as a breath of fresh air. He has been quite realistic and he seen what his instincts tell him. That National Security<\/a> strategy reflects that. That is true about russia and china. The president is echoing what more than half a dozen president s have said. The former speaker of the house newt gingrich. The president s speech was the great tradition of truman and reagan. What is your reaction to the media ripping into trumpet now. A lot of our founders in former president s. I think the media will be unhappy with them no matter what he does. And another thing that he said Foreign Policy<\/a> has been dominated by diplomats and lawyers. And they have their place. They dont know. The power at the end of the day is what was going to settle disputes. They needed to be need to be clear that it will use its power to make sure that the interests are fulfilled as every other country does. We are getting back to the reality of that. Everyone has to take our interest seriously just as disses we will take theirs seriously. Similar to the carter era. This is a republican and democrat had not been realistic about Foreign Policy<\/a> and i think again as i have said the instincts and his top advisers reflected in that strategy and it is as you said a true reset of what our Foreign Policy<\/a> should be which is first and foremost our interest have to be accommodated. Obamas 2015 speech. He never mentioned the word jihad or jihadists. Lets attorn to the turn to the horrible amtrak development. We are closely monitoring the situation. That is all the more reason why we had been starting. We have an s and the sea. We need that money on infrastructure. It is going after trump today on the need for infrastructure. In the first time he spoke i think. He is always talked about it. Whether or not this derailment turns out to be anything other than operator error or whatever. The government and on what gets politicians elected. And if infrastructure has not been important enough. They have failed to do it. They have all also the same thing. It was reportedly going down. They were older tracks. I heard a couple of experts are talking about that. We and thus can happen when you dont Pay Attention<\/a> to them for structure over the years. My hope is that it is a good infrastructure bill and a porkbarrel bill. A day of records on wall street. Nickel peddling is on the floor of the New York Stock Exchange<\/a> with the latest. Nicole. The stocks are higher across the board. And it reaches a monumental up monumental milestone. Seventy record it closes. We have never seen 70 in one calendar year ever in history. Its up to hundred 40 points. Also at records. Gaining alltime highs. Back to you. They laid out at to the National Security<\/a> strategy with the economic competitiveness. The American Restoration<\/a> speech. We will stand up for ourselves. Like we have never stood up before. But through good times and bad. At t. Rowe price. Weve helped our investors stay confident for over 75 years. Call us or your advisor. T. Rowe price. Invest with confidence. With the story for you. The power is now back on in atlanta after it caused the complete power outage. More than 1100 Flights Canceled<\/a> yesterday. After the massive outage. They waited hours and hours yesterday. President trump outlined his National Security<\/a> strategy. Lets rotate. For the first time american strategy recognizes that Economic Security<\/a> is National Security<\/a>. The vitality growth in prosperity at home they traded away for prosperity and it will end up losing both. Joining me now is economists. Merry christmas. Reagan, kennedy and truman edited it. It is a strong defense. We are very rich country. We will have better and National National<\/a> mood and more optimistic and confident national mood. It is incredibly strong now. I dont think i think we are in any danger. China is academic and powerhouse of the world. But we want them to be powerful because they are huge customers of the u. S. As well as huge investors. We have a very high time getting that without the chinese maki its an interesting irony here. You know we talked about this. The democrats answer to insert to the trump growth agenda they want more redistribution programs something is communism. But correct me doesnt Bernie Sanders<\/a> in the democrats see that both russia and china dumped communism. Not after the cold war ended. It was after the cold war ended. My old pal they were incredibly successful. Theyve never known quite what it is. We know in terms of Economic Growth<\/a> they are a total mess. They have incredible amounts of national resources. Its the only way to go. In terms of showing the power of capitalism. This communism is making all of our people very poor. One child policy what lets go back to capitalism. There is an engine of oppressive for the whole world. It is a gift from god. We are in the christmas season. One of the major gifts from god is capitalism. Is just about as big as a russias entire market. We see it at play. They are out of their minds. It was a very prosperous and arising wonderfully impressive country. Of the regime than the one we have now. Now just wrecked that country. Some of the most capable wonderful people in the world. That could be a dynamo but theyve taken and socialized it. And rated it into a dictatorship. We are very much at fault if we dont come anywhere near where we are going. This is Bernie Sanders<\/a> insert. 70 are in poverty now. You wanted to say something. Go ahead. Redistribution is not the key. Its trying to help the poor get rich. Thats how they get to be great. The democrats are saying you and the republicans hate the poor that the democrats have the answer. Not all. They are the party of the working class. People are hardworking and save their money who make it to have a better life. They are the party of opportunity. Not the party of taking and stirring up. They are the republican party. Theres more for everybody. If you just roll up your sleeves and get to work. I like to say personally that socialism and communism its one big element or canal by capitalisms brains and heart. I gift from god. Ben stein we love having you on. We look forward to you coming back soon. It is a great Stocking Stuffers<\/a> now this political reporting president obama he derailed the campaign against hezbollah to secure the iran deal. It comes from politico. The Senior Investigative<\/a> reporter there. He spoke with neil cavuto about his story earlier. Roll tape. They want to show that to the iranians. To the highprofile arrest. And investigations and things like that. It would be seen as a review to that. Quite a story. And also we have have the story coming up for you. He has been hypercritical of republican tax and Economic Growth<\/a> plan. He thinks he has all the answers to fix the economy. He is silent about one country that he supported its leaders four. Their Economic Strategy<\/a> is the way to go. Radio silence from Bernie Sanders<\/a>. Guess which country it is. They are unpacked on track to pass. We will bring in americans for tax reform. He was annexed. He weighs in next. Layered fe. Fisher investments never does. And while some advisers are happy to earn commissions from you whether you do well or not, Fisher Investments<\/a> 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. I just finished months of chemo. But i dont want to talk about months. I want to talk about years. Treatments have gotten better, so. Im hoping for good years ahead. Thats thanks to Research Funded<\/a> by the american cancer society. The same folks giving me free rides to treatment, insurance advice,and a place to stay during chemo. I need that stuff like you dont know. And now that you do, please give at cancer. Org our recent online sales success seems a little. Strange . Nk na. Ever since we switched to fedex ground business has been great. Theyre affordable and fast. Maybe too affordable and fast. What if. People arent buying these books online, but they are buying them to protect their secrets . . hi bill. If that is your real name. Its william actually. Hmph affordable, fast fedex ground. They appear out of nowhere. My secret visitors. Appearing next to me in plain sight. Hallucinations and delusions. These are the unknown parts of living with parkinsons disease. What stories they tell. But for my ears only. What plots they unfold. But only in my mind. Over 50 of people with parkinsons will experience hallucinations or delusions during the course of their disease. And these can worsen over time, making things even more challenging. But there are advances that have led to Treatment Options<\/a> that can help. If someone you love has parkinsons and is experiencing hallucinations or delusions, talk to your parkinsons specialist. Because theres more to parkinsons. My visitors should be the ones i want to see. Learn more at moretoparkinsons. Com it seems to me the companies that have fixed as its domiciled here all companies you cant move an oil well overseas retailers Telecom Companies<\/a> benefit from this tax cut, right some. Oh, absolutely they will be more income more wealth coming into the United States<\/a> to invest and when more competition for american worker, so youre actually going to see wages increase. People talk about 2 3 4,000 for middle income family for tax cut alone. I think its going to be extremely helpful for growth and very difficult for the left, which made the mistake of saying your taxes are going up. To now start to backpedaling as you saw in the paper today, well, i guess almost everyones taxes are going to go down substantially. Liz stay on that because the media has picked up on a democrat echo chamber. And that is the deductions are going to go away. Thats going to be painful. But the rates are coming down. And weve got the midterms coming up. I mean, usually the midterms are a protest vote. Its a vote against. If the economy goes up, what happens to the democrats in the midterms . Well, theyre caught in a real problem. Remember when the reagan tax cuts took effect in january of 83, and you had strong Economic Growth<\/a>. Ronald reagan was not very popular. He lost a midterm in 82 before the tax cuts took effect. But by 84, he carried 49 of the 50 states. The economy was doing well. It was hard to deny that. And back then, if there were as Many Americans<\/a> in the stock market as there are today. More americans once a month every month from now until november will look and say i have more wealth. More savings in my life than i used to. Liz not one democrat voted for this. They are the walter democrats. Youre right. Its a landslide against walter. We love having you go on. Come back soon. Good to be with you. Liz now this. The force is strong with disney. The latest film in the saga opened to thisto 220 million. It is the second highest Opening Weekend<\/a> with force awakens at 21. This film is expected to gross look at this. A huge 800 million just in the United States<\/a> alone. Next, this story. Bitcoin now trading on the Worlds Largest<\/a> futures exchange. Its called the cme. But is it the bubble of all bubbles . Youre talking about bitcoin derivatives. And look at this story. Want to know Bernie Sanders<\/a> answer to trumps growth agenda . Look at venezuela. Were going to show you why Bernie Sanders<\/a> answer is not good for the United States<\/a>. It doesnt work at all. Thats coming up. Dont go away. news anchor downtown traffic is still bad. Expect massive delays. news anchor 2 all lanes on highway 50 remain closed at this hour. news anchor 3 the stats are in and this city leads with some of the worst traffic, with the average driver sitting in gridlock the equivalent of three days a year. For every hour that youre idling in your car, youre sending about half a gallon of gasoline up in the air. That amounts, over the course of the week, to about 10 pounds of carbon dioxide. Growth is good, but when it starts impacting our quality of air and quality of life, thats a problem. So forwardthinking cities like sacramento are investing in streets that are smarter and greener. The solution was right under our feet. Asphalt. Or to be more precise, intelligent asphalt. By embedding sensors into the pavement, as well as installing cameras on traffic lights, we will be able to study and analyze the flow of traffic. Then, we will take all of that data and we use it to optimize the timing of lights, so that traffic flows easier and travel times are shorter. And sacramento is just the beginning. With advances in cameras, sensors, and network speeds, we have the ability to make cities smarter, and happier. What excites me about this technology is that were using some of the most cuttingedge machinelearning, and ai, to help solve the most fundamental challenges that cities face around the world. Who knew asphalt could help save the environment . lani and the possibilities are endless. When it might be time to buy or sell . With fidelitys realtime analytics, youll get clear, actionable alerts about potential Investment Opportunities<\/a> in real time. Fidelity. Open an account today. Liz big shakeup at espn. John skipper announcing he is resigning as president of cnn. Hes been there for five years. In order to overcome a Substance Abuse<\/a> problem. In a statement mr. Skipper says he has struggled with this addiction for many years. He did not share any details of the nature of this problem. The resignation takes effect immediately. We wish him well. Next to this story, the Obama Justice<\/a> Department Official<\/a> demoted over his undisposed meeting with fusion gps. Thats the firm behind the antitrump dossier. They were doing Opposition Research<\/a> on trump. He was expected to testify today before the Senate Intelligence<\/a> committee. But it never happened. With me now republican congressman from georgia and member of the house judiciary committee. He is doug collins. Sir, its great to have you on. We love having you go on. Why didnt he testify . I mean, his wife worked at that Opposition Research<\/a> firm. The fbi paid that firm thousands. The dnc was behind it. Theres a lot of questions about a doj official doing this. I mean, why didnt he show up . Well, maybe you just outlined why he didnt show up. His wife worked for fusion gps. He had meetings with them. Didnt disclose those meetings. I mean, its becoming an ongoing cycle and really disturbing. So maybe hes back studying for the test. I dont know. Maybe he didnt want to come and feel like he could answer it. All this does is continue to see what the American People<\/a> says. Some things arent right here. Were not getting the full story. President trump and the whole investigation. This is something that we need to take a look at. And they need to be straight forward. It restores the faith in the adjustment and right now, we just dont see it. Liz congressman, are you banging the table saying this. Taxpayer funds the fbi. The taxpayer funds the doj. We, the taxpayer have a right for the transparency to hear what is going on here. I mean, you cannot have the federal police force steering an election or trying to throw it either way or Justice Department<\/a> officials doing that. You had a hearing with Deputy Attorney<\/a> general Rod Rosenstein<\/a> last week. Were you satisfied with what he said . No. I was actually frustrated with what he said because he made it very clear that he was over and it was him providing oversight to the mueller investigation. And i asked him at one point since you appointed him, and i believe Robert Mueller<\/a> was a good man. I believe the investigation has gone off track because the people he put on the team. So i said he must be embarrassed by the way this has turned because this is not the way an investigation needs to be run. This is not what needs to happen. And when you have these current things that just deroading the trust of the American People<\/a>, it gives them time to backtrack on their story and thats not what the American People<\/a> and thats not what they need in the Justice Department<\/a>, and i think we need this investigation to be clear on this, and thats why weve called for a Second Special<\/a> counsel to look into this. I think at the end of the day, look, President Trump<\/a> has been forthcoming. You know, he goes on all the time. Hes been cooperative, his attorneys have been cooperative. Its now time for doj to be transparent as well. Liz you saw this with the irs scandal sidelining conservative nonprofits questioning the size of government, ironically. I mean, this is about its right in their face. The democrats and large number of federal workers are democrats, and they work in a union. Its like hiding in plain sight. Final word, congressman. Well, at this point, were going to keep focusing on on it. Were working for the American People<\/a>. Thats tax reform, what President Trump<\/a> said he was going to do. And Christmas Present<\/a> and jobs and growth thats it. Liz great to have you on. Thank you, sir. Thank you. Liz President Trump<\/a> refuses to this day to this minute he will not comment on the crisis that has engulfed venezuela due to its socialism. We have that story for you coming up. And special counselor Robert Mueller<\/a> seizing tens of thousands of trump team emails. The Transition Team<\/a> emails. Also, ipods excuse me laptops, cell phones, lawyers arguing he did it unlawfully. Were going to have that today coming up. Dont go away i accept i dont bike as far as i used to. 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Ask your doctor about eliquis. Liz special counsel Robert Mueller<\/a> confirming that his team has obtained tens of thousands of private trump transition emails, laptops, and cell phones. Lawyers for the Transition Team<\/a> arguing to congress his access to these emails is unauthorized. The president himself criticizing the situation. Roll tape. Trump not looking good. Not looking good. Quite sad to see that. My people are very upset about it. I cant imagine theres anything on them, frankly. Because as we said, theres no collusion. Theres no collusion whatsoever. But a lot of lawyers thought that was pretty sad. No, im not. Liz joining me now, conservative commentator and strategist danielle. First to you. Has a piece in the hill now saying that muellers move was reckless and now we have republicans calling for him to resign. Should he step down . Well, look, muellers terrible on every level. Hes conflicted, hes showing clear bias, and he cant keep control of the leakers inside his organization. And for a long time, i thought the president should stand up and fire this guy. Now im not so sure. I think this is another desperation move by the never trump crew to try to find something, anything since collusion is obviously not on the table. These emails are from the transition, so it cant be collusion. Theyre looking for anything they can find, and i dont think they can find anything. When mueller comes out with a shrug at the end of the day and a couple of process indictments for marginal players, i think Donald Trumps<\/a> going to be in the clear and able to keep on with his string of successes. Liz the American People<\/a>, danielle, they dont want the kremlin medaling in the election. Theyre not naive. They know the kremlin medals in elections around the world and america has been accused of the same thing. These wrongfully obtaining emails coming a time when the mueller team is also under fire for evidence of widespread political bias within its ranks. I mean, this is a tough time for Robert Mueller<\/a>; right . It is a tough time for Robert Mueller<\/a>. Hes, of course, a target because hes investigating the president. Liz were talking about his actions. I think his actions are pretty much unimpeachable, and i use that word very specifically. These emails were properly obtained from government emails they had a. Gov email address. There was no expectation of privacy in these emails. Were told this when they were handed over laptops and ipads and all their devices as well. Liz well, those arent government laptops. They were. Liz well, not all of them. Not all of them are government emails. The dsa argument is that any Transition Team<\/a>, kurt, should know that the communications are now the property of the American People<\/a> if youre going to be transitioning to the white house. I mean, what are your thoughts here . Again, the American People<\/a> want to know what is going on with kremlin involvement and what is going on with the mueller probe. Should robert testify before congress saying were a year into it. Heres what weve got. Or is it going to go on forever . Well, definitely there should be a Progress Report<\/a> because so far there are has been no progress. As far as these emails go, look, theres a real issue with attorneyclient confidential in some of these emails. Thats an important safeguard that protects the rights of every american. And i think my liberal friend should be as up in arms as i am about the idea that attorneyclient communications could be taken out and muellers teams admitted they didnt scream for them. As an attorney who protects people from accusations, im kind of stunned by it. Mueller should know better. But i think his people who are mostly hillary supporters and if not full scale hillary donors. Heck, some of them were hillary lawyers. Dont seem to care about this. But this stuff is very important. And i think muellers destroying his own credibility. I think the president just needs to sit back and wait until mueller comes out with a shrug. Liz so, danielle, are you saying the trump team had no right to privacy . They were using somebody else as a third party. Liz using all government emails or devices; right . They were. Liz not all of them, though. I agree with kurt. Attorneyclient privilege is a protection for communication. So what will happen now is if there are attorneyclient privileges, that will be fought out in the supreme court. Liz really . Were going to go to court now . We want you guys back on this. Now this. Bitcoin futures start trading on the cme. This could be the latest version of the no doc, no income loan bubble you just saw in the last decade. And liberals pushing for a system here in the United States<\/a>. But its one that brought venezuela to collapse. Weve got all of that coming up next cannot live without it. So if you cant live without it. Why arent you using this guy . It makes your wifi awesomely fast. No. Still nope. Now were talking it gets you wifi here, here, and here. It even lets you take a time out. No no yes yes, indeed. Amazing speed, coverage and control. All with an xfi gateway. Find your awesome, and change the way you wifi. Liz bitcoin now trading on the Worlds Largest<\/a> futures exchange. The cme. Bitcoin up more than 17,000 this year to above 19,000 bucks. Its now called this generations version of no doc mortgages and liar loans. Lets take it up with the Founding Member<\/a> of the capitalist pig. Wall street journal wealth adviser reporter veronica. Bitcoin trading below 1,000 at the beginning of the year, jordan. Now 19,000. Is this a bubble . Its a bubble, liz. But the problem is that at the top of a bubble, no one think so its a bubble. So despite the fact that as you said its what . 17,000 return this year, i think bitcoin continues to go higher. Keep in mind, its the Block Chain Technology<\/a> here. Not surprised of bitcoin. But this is going to make fools of us all before its over. Liz dagger is your name. Is it a bubble . It feels like a bubble. But i want to say the average investors if you dont understand this, do not invest in this. You need to understand whatever you invest in. And this is sort of the black box for a lot of people. So unless you have money to play with and money to potentially lose, dont go near it. Liz just because its a coin, doesnt mean its a currency. Whats what does Bernie Sanders<\/a> want for you . Here it is. Its all about Big Government<\/a> taking your income and wealth and redistributing it through the inefficient and wasteful pump known as the bureaucracy. Already wasted hundreds of billions of dollars. Yet liberals like Bernie Sanders<\/a> rail against the gop tax bill, they remain silent on the crisis engulfing venezuela where sanders every socialist fantasy and dream has been enacted. Watch. The republican tax plan will be full of tricks for the middle class and full of treats for the wealthiest americans. This is armageddon. What we are seeing here is a real massive attack on the middle class. Massive tax breaks for the rich, cuts social security. This is a grossly unfair tax bill. Liz none of those three politicians are economists. And now look at this. Venezuela once the richest country in latin america, 1999, hugo chavez comes to power, starts a socialist regime, dictatorship, largescale wealth and redistribution. Two decades later, nearly threequarters of the population in poverty. People even dying in hospitals by the score. So is this a dream that Bernie Sanders<\/a> has for the United States<\/a> . Jonathan, did it work in venezuela . It never works. Socialism always fails every time it has been tried to the extent it has been tried. And they point to venezuela, Bernie Sanders<\/a>, or maybe sean penn, susan, and they say, oh, that wasnt real socialism. Believe me. That was real socialism. Its the ideas, liz. Thats what moves the culture. Capitalism, freedom, thats why were successful. Socialism, thats why venezuela is a mess and why so many of these politicians continue to push those policies. Liz its a good point. Veronica, the democrats and Bernie Sanders<\/a> act like there are more saints in government than all of christianity. Venezuela was one of the Worlds Largest<\/a> exporters of oil. It has the Worlds Largest<\/a> oil reserve, its in collapse. Threequarters of the population in poverty. Whats going on here . People are starving. Im glad were talking about this because this is probably the most undercovered story of 2017. And you look at the people who are starving, theyre dying children, are starving in the streets, women are asking to be sterilized. I mean, this is a desperate situation. And so people will say in fear of social say them great idea. But if you look at a situation like this, you look at other countries that are socialists, i think many of the people there would have a different response. Liz jonathan and veronica, we love having you go on the show. Come back soon. Were going to be right back. Stay right there. Dont go away liz now to tax reform. The House Rules Committee<\/a> now meeting to prep the final version of the tax cut bill for the floor. A vote could come as early as tomorrow. Now watch this. Gop arizona senator jeff flake says hes still working it when asked about supporting the tax bill. Were going to watch his vote. Also, maine senator Susan Collins<\/a> coming out saying she will support and back the tax cut bill. Now, stay with fox business for the very latest on your money and your tax cuts. Thank you for watching. Thank you so much for having us in your homes. Merry christmas to you all. Charles payne is here now with making money. Take it away, charles. Charles thank you very much, good evening im Charles Payne<\/a> tonight. Several big and breaking stories happening all across the country. We have them all covered for you. On wall street, another historic day of trading. All embassies posting record closes, including the 70th record for the Dow Jones Industrial<\/a> average. Something, by the way, that has never happened before. In washington, Republican Leaders<\/a> inching one step closer to passing tax reform. Republican senator Susan Collins<\/a> and mike lee now announcing that they will indeed support the final tax bill. And Tragedy Strikes<\/a> in washington state. Six people are killed. More than 70 people sent to the hospital in a major amtrak train derailment. At this hour, officials investigating whats going wrong. First, we begin with president","publisher":{"@type":"Organization","name":"archive.org","logo":{"@type":"ImageObject","width":"800","height":"600","url":"\/\/ia800402.us.archive.org\/17\/items\/FBC_20171218_220000_Risk_and_Reward_With_Deidre_Bolton\/FBC_20171218_220000_Risk_and_Reward_With_Deidre_Bolton.thumbs\/FBC_20171218_220000_Risk_and_Reward_With_Deidre_Bolton_000001.jpg"}},"autauthor":{"@type":"Organization"},"author":{"sameAs":"archive.org","name":"archive.org"}}],"coverageEndTime":"20240630T12:35:10+00:00"}