That remdesivir showing the risk of death in severely sick patients is very very promising and now the ceo had to couch that with, you know, that fine print, but these latest findings require some confirmation, so again thats just in keeping with the requirements that all of these biotech giants face in coming up with potential cures and or vaccines for this virus, but a lot of fastmoving developments are keeping track of the president , and hell be in florida very soon and speaking there raising money there, and hes got a busy weekend coming up with both duties of the job, duties for the campaign, raising money, also the back and forth whose better for wall street, the president says he is, joe biden says that hes not vowing to investors or Shareholder Capitalism, and im not quite sure what other capitalism there is, but anyway, were going to explore that back and forth with the likes of Bernie Marcus who of course came to fame and built a billion dollar empire with home depot when no one thought he had a chance so i wonder what he thinks and in the meantime i want to go to Edward Lawrence on whats at stake. Reporter the president also going to be at u. S. Command, hitting a face to face briefing there. Now i think were going to hear, we have an update sort of on what the president will talk about on saturday, at his rally in New Hampshire, but president will most likely outline what he believes a second term for President Donald Trump will look like. Now the president talked to Shawn Hannity last night and he says that he would defeat the coronavirus, rebuild economy , expecting 2021 to be a record year for growth and the president says more trade deals will be coming the administration has formal negotiations with United Kingdom and kenya right now and he will finish his border wall, protect the Second Amendment and continue to appoint conservative judges as well as there may be a retirement in the next few years on the supreme court. He will not reshutter the economy, because of the coronavirus, the president pushing buy americans, hire americans he said that in a speech on june 4 and 24 hours ago we heard from this from former Vice President joe biden. Listen. Federal government spends taxpayers money we should use it to buy American Products and support american jobs. My plan would tighten the rules to make this a reality. These funds will provide reliable, predictable demand for products made by american workers. Reporter imagine the president had something to say about that here is the president on those comments, listen. President trump plagerized from me but he can never pull it off. He likes plagerizing, its a plan that is very radical left but he said the right things because hes copying what ive done, but the difference is he cant do it and he knows hes not doing that, it cant be the same because hes raising taxes. Reporter the president says the far left has brain washed former Vice President joe biden, the president thinks that there will be a defunding movement Going Forward if biden does become president now cornerstone marko and Economic Policy think tank looked at this and they say the plan, bidens plan would add 7. 4 trillion in new spending creating the largest mobilization of Public Investment since world war ii, making it more likely to see additional taxes. Neil . Back to you. Neil well theres no shortage of republicans and democrats spending like drunken sailors here so i dont think either party is going to be able to point the finger at the other, thank you, ed lard very very much great reporting as always Edward Lawrence. Were getting a couple more details on how our Health Officials are feeling despite how the coronavirus is going and the World Health Organization is saying in the Current Situation its unlikely well eradicate or eliminate the virus any time soon, and also, dr. Birx is indicating right now, that the task force believes that u. S. Areas with a 5 or more covid19 test rate should deploy the use of masks and a number of governors in these states that are affected, have been urging residents to wear masks and not ordering them, in cases of like new jersey where its an out right order a strong suggestion in places like arizona and even texas but this idea that they should if you have a 5 positive threshold , well see the fallout from all of that the political implications of virus, how many cases we have and deaths are reported the fact that weve averaged over the last three days 60,000 new cases per day, 65,000 in the latest day, thats not going in the kind of direction the folks want to see so its un nerving obviously the medical professionals to some folks and in some battleground areas. Hillary vaughn right now is in hershey, pennsylvania with the fallout on all of this political and otherwise for folks there. Hillary . Reporter hey, neil well pennsylvania is a big battleground state in november. This is also where joe biden grew up. He visited his childhood home here yesterday, and with him, he brought an antiwall street pro main street message, telling Small Business owners they should vote for him because he is looking out for them and that President Trump is only keeping his watch on wall street, but we talked to Small Business owners here in hershey, pennsylvania today and some of them had a different view. But theres no way if hes looking out for wall street thats great, because guess what i have a 401 can thats invested in wall street. My employees have a 401 k invested in wall street. Trump deserves is not going to cure everybody and neither is biden. I mean, its a natural situation , its a pandemic its a virus, and you cant politicize a virus. Were trying to do the best we can and to be focused on business and to be focused on wall street, i think is a great thing. Reporter part of bidens pitch to voters has been that the coronavirus needs a federal fix and President Trump has so far fumbled the response. We talked to some Business Owner s here that dont see the pandemic though, as a part of president ial politics telling us the Biggest Issue they have is not whats coming out of the oval office but instead, the governor office, with some of the guidelines that democratic Governor Tom Wolf has issued. I take it from the governor level down so my concern truly has been with how Governor Wolf has handled things. I think there were some guidelines that had they looked at closer, we could have avoided the delay in getting us open. Reporter and neil, we talked to four Business Owners today, some who took advantage of the ppp loans some who didnt but one interesting point that weve heard from Business Owners is theyre hoping for consistent ensemble it it cost them money every time they have to shut their doors every time they try to get them back open, and theres only so many times they can endure the swing from being closed to being open again, but for now, most businesses, neil, are open for business in hershey neil . Neil got it Hillary Vaughn boy we have you traveling all over the place, keep it going in the meantime we just learned the president has landed indeed in florida. Hes going to be a busy bee traveling over the next couple of days this time hes meeting not only with supporters later tonight, but also leave the details on this were waiting for with the Southern Command sending a message to National Security and all of these other issues that have come up but Economic Issues have come up as well as we wait to see the president there, but his trip to florida itself was deemed to be a bit of a risk given the sudden spike in cases there, the cases of death or what have you theres been a great deal of criticism about governor desantis, and whether hes responding urgently enough and dr. Birx is saying if you hit a certain rate with positive cases florida is among those that had, you should consider more restricted measure s. The president obviously doesnt seem to concur with that just yet but again we might get a gauge from him he sometimes takes reporters questions when he gets to his vehicle, so well watch that. L watching the fallout from joe bidens remarks in case you had any doubt that things change if he becomes president of the United States especially with regard to wall street, this put that to rest. Take a listen. Make sure that workers have the power and the voice. Its way pastime we put an end to the era of Shareholder Capitalism. The idea the only responsibility a corporation has is its shareholders, thats simply not true. Its natural to have responsibility to their workers, their community for their country. Neil now the former Vice President coughed, i think i heard wall street puke when he said that, because this is not what they want to hear. Now they dont have to be republican or democrat but they like the money theyve been making in a low tax environment, low regulatory environment, the socalled trump environment, so whatever they might think of the president personally, they like the goods hes delivered at the corner of wall and broad and they dont take too kindly to a possible president saying that Shareholder Capitalism and idol izing those days, those are gone. I dont know how Bernie Marcus feels about it but im so glad i have him with us right now one of my favorite guests all the decades ive been working at fox, who has a good read on this no doubt of course the co founder of home depot is optimistic and spry as he was when he came up with that company. Bernie, so good to have you. What do you think of this . Joe biden of Shareholder Capital ism . Well, you know, first of all hears a guy that never worked in his life and i think hes been in governmental his life, so he really doesnt understand how business works. I could tell you, neil, and you have had kenny and myself on many many times. Home depot, without the Capital Market wouldnt be here today and we have 2,700 stores doing over 100 billion in sales a year, and we say it happened because of the Capital Market. We had four stores who were under capitalized. We didnt know how were going to continue or have trouble paying our bills and we went to the market and we had profits on the stores that we had. It looked pretty good. It went to the market and the market gave us additional financing in order to grow the company. So the stock market has become very very important for us as it is for all Small Businesses. Look, if you talk about the fact that we owe it to our employees, well yes, of course. There is a concern about the employees and home depot has done everything in its power to make sure its employees were part in parcel of what we did so they got a piece of the action. Many people became very wealthy with home depot, as the stock climbed and as we opened more and more stores, but the Capital Market became very important to us and to talk about this , from a standpoint of a Government Employee whose never ever been involved with the marketplace, i dont give it too much credibility. In fact its very concerning as one of your speakers said, the 401 k , most of america is invested in a stock market one way or another in 401 k . So if youre going to close down the market, you got to be in deep trouble i will tell you tax it just doesnt make any sense to me but hey most of what he says doesnt make sense anyway. Neil so im going to put you down as a maybe on joe biden but let me ask you then, bernie, about the kind of message hes sending. Being suspicious of wall street and suspicious of those billionaires and real capital Success Stories because its not about im not about helping them. Im about helping you. Im glad you pointed out that most americans whether they know it or not, are directly or indirectly invested in the market success, leaving that aside, he clearly is trying to capitalize on that antiwall street view thats out there. What do you think . Well, look, thats yesterday s discussion that he had was written for him. Its probably not going to be anything that hes going to do because hes surrounded by these left wing people. He did talk about raising taxes which he will do. He didnt talk about what the onerous regulations that they had when trump came into office, the regulations were strangling Small Businesses of all kind and the first thing he did was get rid of those regulations. He hasnt changed hes part of eight years of a organization that had low employment, very high unemployment rates, businesses were going down and you remember that obama said 1. 5 was the new norm on gps. So they were used to and pushing the fact that america could not be better. Well you know trump brought it up to a very good number before the virus hit, numbers that we had never seen before, unemployment was down dramatically, unemployment for the minorities was down dramatically. The gdp was great and then this horrible horrible virus came in and killed it all for a while but let me ask a question to the american people. Who would you rather have . A man who created good jobs market, created a good economy, or would you rather have joe biden who was there for eight years and we looked at a terrible economy for eight years i dont know. It seems to be every business person out there and everybody who has a job would understand hes not the guy that brings it back. This is a really bad deal. Small businesses are getting hammered as you heard from your other speakers. Neil bernie i just want to let people know what youre watching the president has arrived in florida and hes going to be at u. S. Command up there with a fundraiser later tonight a planned event tomorrow night in New Hampshire, thats been canceled, because of this Tropical Storm about to hit much of the east coast, it already is in the atlantic east coast all the way up to new england including New Hampshire so the president canceled that but bernie you were mentioning what the environment was like under barack obama and i think you were referring to the lower gdp growth that he had anticipated. Still a lot of people go back to those obama years and of course he came in in the middle of a big recession and the numbers improved but it was steady growth and the obama folks come back, joe biden comes back and says we created a hell of a lot of job, we were down in near depression territory and we created a lot more activity than this president is stuck with right now. How do you think the president should respond to that because hes already addressed the capitalism issue, the Shareholder Capitalism and its a nasty word but there is a strategy here to say were about you america, we dont talk about the stock market and we talk about things that matter to you. How do they counter that . Well the facts of course we dont believe facts anymore. A lot of what we read in the paper is the media unfortunately is not a media that gives facts, the facts are that jobs werent plentiful. The fact that the gdp was down, eight years is eight years. Trump is in office for three years and in three years weve seen the dramatic change. How did it happen . Lets look at it, neil. First thing he did was lower taxes. Thats number one. Number two, he killed regulation s and in killing regulations and lowering taxes, he created more jobs in america. Look, reagan proved this point. Yeah, you know you have to be really stupid not to go back in history and by the way, we tried to keep history out of our schools today. We dont want people to understand history but history repeats itself over and over again and we know that when you raise taxes, and when you start putting in regulations, youre going to kill the economy. Now thats a very fundamental thing that economists even left wing economists have to agree on so i think that trump has to stay on that message. Look, its not a question of me supporting trump. Im supporting economics. Im very concerned about the american economy. Im concerned about people who are worried about paying for food, paying their rent, paying for their cars. They need the jobs desperately and so this is not a republican or a democratic thing that im talking about. Im talking about the realworld and the realworld today people in the middle class are getting hammered, of course the middle and lower class are getting hammered together, so we have to get back into creating jobs and if we dont create jobs, the economy is going to be dead its as simple as that. Its not a rocket scientisttype thing. Neil all right bernie, you got to learn to speak your mind more because i never quite nowhere youre coming from, my friend. [laughter] neil always good having you have a wonderful weekend Bernie Marcus a true american success story, started home depot, ken l ongone neither knew which end of the hammer to use and yet handy though they were not. They were pretty successful of that and that guy decided to put one of the worlds most highly regarded aquariums in atlanta. Its a little inland, but he said do you know what . Atlanta should have one, an