Transcripts For CNNW Erin Burnett OutFront 20161207 00:00:00

Transcripts For CNNW Erin Burnett OutFront 20161207 00:00:00

Secretary of defense here tonight. We know last week he made a Surprise Announcement at his first thank you rally saying yes hes indeed choosing general james mattis for defense secretary. But the fact that two will be up on stage together, certainly notable, especially given that is the military friendly town. So donald trump hoping to cash in on the energy here almost to validate his pick for Secretary Of Defense. And we know trump has many thank you tours and rallies ahead. Just two this week alone and thursday hell be in iowa and friday in michigan. You heard him taking credit for what he said is a 50 billion investment by softbank. What are you learning about this . Reporter i have to say not a lot of detail coming from the Trump Transition Team or the company tonight. But certainly a little showmanship on the part of the president elect today really trotting out on the ceo of the company and trump towers there before cameras gathered. Contours of the deal are 50 billion investment in the u. S. By this tech firm, softbank, saying that could create about 50,000 jobs, new jobs here in the u. S. But the timing of the detail, how it was brokered, when it was formally brokered still very unclear tonight. It is notable that in october this Company Announced plans with the backing of saudi arabia for A Hundred Billion in new investments across the world in Tech Companies so is still very unclear if that is part of this or a separate deal. Thank you very much sunland. The money already raised so far and the fast vast majority is from saudi arabia. Outfront now retired u. S. Army major general. And some other great people. Phillip, let me start with you. It is a very significant event tonight. This is obviously going to be big for donald trump. But to have General Mattis by his side, a very significant. So far hes announced several Cabinet Picks. None has he given this star power of appearing side by side with him. Michael flynn is going to be his proposal for National Security advisor. I was with him on the Campaign Trail with some regularity. But first time weve seen one of the the Cabinet Picks do. This mattis is generally seen as one of the more obvious acceptable candidates for the party as well. So this is not someone that needs to be bolstered. Donald trump is incredible right guy whos in charge of the Defense Department. I find this very reassuring. For those critical of trump for the right or left concerned about how he would be as Commander In Chief this we should all be behind this waiver. We should all be encouraging the senate to give this waiver. Base want competent, serious people in this administration. And donald trump has chosen an exceptionally competent and serious person. Jim mattis, is one of the most revered generals of his generation. A big thought leader. An amazing following in the pentagon and with the military. And he has some views that differ with trump. So the fact that donald trump is willing to put this leader out, side by side with him. I dont think hes building him up. I think hes making a statement that these are the sorts of people that are going to populate my National Security team. Different than him on water boarding. General mattis doesnt support it. Different on russia. Multiple, multiple places. Tonight donald trump is going to walk out. Saying hes not going to vote for this waiver. This issue is a very important point in american politician zo and so o you are going to have obviously him trumpeting General Mattis. General mat sis going to speak and it will be interesting to see how how long he speaks for. And then trump is no doubt going to talk about this 50 billion investment. It is not an investment yet was a they dont even necessarily have the money raised so it is very unclear. What we understand is that 50 billion softbank says they are going to invest in the United States. Trump tweeted masa, softbank in japan is willing to invest. Masa said he would never do this if we had not won the election. As the stunning number. What were going to see. Donald trump as we all know by now is unconventional. This is going to be an unconventional presidency with an unconventional president. Hes the only one in of the 45 president s 44 people. Grover cleveland twice. That has a business background. All the others were politicians to some degree. Or generals. This is the first person to go directly from the private sector without any stops in politics before that. So you are going to see a lot of this kind of thing as we go through here. And his businessmans mind working. Now sure is he going to use it to political advantage . Yes. But it is going to help him without doubt. So here is my question about this. When i saw the 50 billion. I said i dont get it. And i still dont get it. Because there is a a lot of questions here. Not all of its been raised. The part that has been raised, comes from saudi arabia. Which historically trump wouldnt want a let me stop you. You are trying to take several months later said well they werent as shovel ready as we thought. At least he said something. Lets see if donald trump said well that 50 billion is only 3 billion and we werent able to invest it there. What if they are 2u8 able to get it done. I dont think the media will no im sure of that. There are a couple of things that concern me. The first i worked under commerce secretary ron brown and he announced deals likes this all the time. First of all they were american companies, to announce these deals where they would bring american jobs. It is fine that and it is good for him from a Marketing Perspective is this is really going greet 50,000 jobs. We dont know that yeet. Whether it is true are but the reason the commerce ask or the president announced these deals is because they actually had something do with it. Did trump have anything to do with this deal . And is he going make any money off this deal . Is he invested at all through a Business Partnership or anything in this company . We have no clue. That is what concerns me. We can all agree, this isnt a bad thing. It is probably at the min questidebate how much but is Cannot Be The Seoul Focus of the economic strategy. Hes going to have to deal with le loopholes and the others. Without that announce it is deals is not sufficient. But announcing the deals isnt a bad thing. Not a bad thing per se but as the it is a bad thing if it is not more than shoemenship. I. The leader here of this Company Joust everyone understands he says im go doing raise A Hundred Billion, biggest fund every. And in the process of raidsing it. And 40 billion comes from saudi arabia. That actually is highly relevant in this country. When you look at the merger and whether it is going to be approved. If you are a Chinese Company bag in you generally dont get this approved. Saudi arabia, i think a lot of people would be critical of. This is so nebulous that donald trump is getting up and saying more jobs and well see what happens. I think it is worth noting that on softbanks part there is showmanship as well. But this is a company that owns a stake in sprint that was trying to figure out how to do this merger earlier this year. And seems very likely, Wall Street Journal reporting seems likely they are going to try this again under the trump administration. There are politics all over the place here. Well see how it shakes out in terms of money in terms of jobs but this is not a benif sent gentlemen coming to the United States saying here i give you all these jobs for no reason. Up next, donald trump live with general mat i both going to speak and then trump and his battle today with boeing. He came out and slammed frankly americas biggest exporter over Air Force One. And trumps choice for National Security advisor under fire for spreading wild Conspiracy Theories. Should trump dump Michael Flynn . And the breaking news. Live pictures of the Protesters Gathering at texas a m campus this hour. You see them. A White Supremacist is speaking there tonight and well go there live. Made for real, real life. Brewed generation after generation. This beer is fiercely loyal. Only with moravian barley. Coors banquet. Thats how its done. Donald trump demanding the Defense Department cancel a contract with boieing for the nw president ial planes. It is out of control. It is going to be over 4 billion for the Air Force One program. And i think it is ridiculous. I think boeing is doing a bit of a number. We want fwoeng make a lot of money but not that much money. Boeing releasing a statement which reads in part. Were not sure where hes getting that number from. Right now boeing only has a contract for design and development of the new Air Force One. Boeing is at the mercy of donald trump in a lot of ways here. That is part of the reality. However they are the biggest exporter from the United States. The second biggest Defense Contractor in this fight. Who wins . Well i think they are to some respect to the mercy of the donald trump. But there is a whole procuring process that exists in the pentagon. You cant just sign a way a massive contract. And also major repercussions for the u. S. Economy if another Defense Contractor replaced a lot of the foreign business or u. S. Business boeing would get. Obviously this is probably not a good idea. I think tonight trump being up there with mattis, very good. Fantastic image. Trump and pence meeting with the congressional leaders, pooirn and Mitch Mcconnelling talk about this things day want to get past, good images. Tweets like this not a great image. I would stronger recommend the ladder not the former. Lets go through the time line here because i think this is very interesting. Look, the Chicago Tribune today wrote up some comments that the boeing ceo said about donald trump. The ceo said these on friday but a appeared this morning for the first time in print. The Chicago Tribune. About the ceo of boeing, hes suggesting the trump teen and congress back off the 2016 antitrade rhetoric and perceived threats to punish other countries with higher tariffs tariffs fes. That was 7 30 a. M. At 8 52 trump tweets boeing is building a brand new 747 Air Force One for future president s. Cancel order. We saw last week he had this random out of blue tweet about flag burning. Turned out he had been watching fox news and kids burning flags on fox news. He as a history of responding to things hes engaged with in the media through twitter. The problem is this causes boeings stock price to plummet 2 before markets opened it. Recovered by the end of the day and actually closed a little higher. But now cnbc is reporting there are people who are trying to figure out a algorithm to buy or sell stock based on donald trump tweets. These are if hes doing it because something he didnt like the Chicago Tribune, thats iffy. Not the first time hes taken on an american company. Ford. Verizon. Not the first time hes done this. The issue we have to decide is whou everybody responds. Hes clearly going to continue to do this. It is not reasonable for us to believe that suddenly on january 20th, this is going stop. We have to decide how we look at this. And people have to decide what to take on board and how to deal but if i take a step back and i said how would someone at that rally see this . They might say if the costs are out of control with 4 billion. Cancel that order. This is exactly the kind of cost control i want in washington. The folks in that crowd will respond exactly that way. And they will also respond and say ive been on Air Force One. It is a wonderful aircraft. 20 people can take a shower at once. Twenty im being facetious. My point is it can can withstand electromagnetic pulses. This is a phenomenal piece of. But there are cost. 4 billion i think the president elect is probably correct. Lets put some green eye shades on and look into that. But that crowd is going to respond very favorable. And hes also not the first president elect that when he opens his mouth there are going to be markets that move accordingly. So it is going to happen. If problem that millions of americans have with washington d. C. And the government is that this kind of situation where were overpaying air force i mean is terribly symbolic. But i mean we could i used to work on the house budget committee. And we could watts through thousands of pages of things where there are Cost Overruns galore. This is part of the problem. So they are looking at this and saying yes. This is exactly what i want the president they also say it is dated. I needs to be updated. The greatest country in the world with a plane that reflects that. Absolutely true. But there was a story in the post yesterday how the Defense Department sought out places they could cut money and then buried the report and said they didnt want to make the cuts. Donald trump could have tweeted about that this morning. The question is why is donald trump tweeting about boeing . We dont know. It effected boeing. It effects Boeing Stockeds and yes spin will be good as we all know donald trump fights back. And i think one of the the problems with the bush 4 administration. So you are saying he did do it well it wouldnt surprise me in the least. One of the problems was all these opponents were out there with bush live and all this thing and the white house didnt fight back because apparently the president felt it was beneath him to get in all of this stuff etc. Donald trump isnt going to do that. Hes not going to sit there and let Somebody Attack his Trade Policies and just be quiet. And jeffrey is right. History supporters will eat this up. But this is the problem that donald trump has not yet understood. Hes not just the president now of the people who supported him who got him i elected. Hes the president who even now the 2. 5 Million People that Hillary Clinton is winning by the popular vote. He has to prove he wants to be the president for everybody. They eat this up at this rally but from the standpoint of those people who were terrified of electing him. This underscores where the terror exists, because hes lashing out. Hes taking issue with the american people. His supports are. To everybody should have been gotten behind that because that was atrocious. All with me next. Waiting for Donald Trump On Stage For The First Time with s pick for defense secretary. That is going start any moment in now. The motorcade arriving In Fayetteville and calls for trump to dump his choice for National Security advisor. He and his son who his is Chief Of Staff and. And students at a Texas University this hour banning together protesting a neonazi who was speaking tonight on the campus just around the corner where they were. Well be there life. Well be back. as close as two friends trying to annihilate each other can be. Ahh, interception thats because with fingerhut. Com we can shop over 700,000 items from brand names like samsung, keurig and sony. Go to fingerhut. Com to get low Monthly Payments and the credit you deserve. And get great stuff like this awesome flat screen tv. [doorbell rings] fingerhut mans here oooh maybe he brought you some defense. cause thats a touchdown, buttercup oww and my brother ray and i started searching for answers. vo when its time to navigate inhome care, follow that bright star. Because brightstar care earns the same accreditation as the best hospitals. 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