President s former attorney yesterday surrendered to the f. B. I. And pleaded guilty to eight charges and he took Donald Trumps name with him cohen told federal prosecutors that trump wanted him to use Campaign Funds in order to affect the outcome of the u. S. President ial election at almost the same time yesterday paul mann afford trumps former Campaign Manager was convicted on charges including tax and bank fraud now the comparisons with the Watergate Scandal are obvious and abundant never in the Trunk Presidency has the word impeachment been used as often as right now yet it is doubtful that President Trump sees himself as another Richard Nixon last night as the news was breaking he took to the stage at a rally in West Virginia as if he had stepped into an alternate reality trump was cheered by the crowd and he clapped while people chanted hillary locker room. Servers are calling it the darkest day so far in Donald Trumps turbulent presidency but the u. S. President at a rally in West Virginia appeared on rattled. Hes done time and again denied any russian involvement that aided him during his electoral campaign. Faked the rush in which we got all pick up and. Where is the closure you know theyre still looking for collusion where its like a loser finds a loser we want to find the collusion. His comments came just hours after developments that mean two of his ex advisors are facing lengthy Prison SentencesMichael Cohen is trumps former personal lawyer and close friend he
pleaded guilty to a range of charges including Campaign Finance violations cohens attorney lanny davis seen here wearing glasses said his client was prepared to tell everything he knows about trump including prior knowledge of the hacking of democratic president ial candidate Hillary Clintons computer and also a meeting in twenty sixteen between Trump Campaign aides and a russian delegation Underoath Cohen who once said he would take a bullet for donald trump swore he paid hush money to trumps alleged Mistresses Including Porn ActressStormy Daniels at the direction of who he referred to as the candidate its widely understood that hes referring to the u. S. President. To pay money to silence two women who had information. To the Two Thousand And Sixteen campaign and the campaign shortly afterwards a second court case delivered further drama mr trumps former Campaign Manager paul
tonight in should be quite worried you know yesterdays events were cataclysmic i mean we saw two of the people who are closer to the government from birth get convicted of a whole slew of federal crimes. You know and the question for me on both of them is will to cooperate well already cooperate and well Michael Cohen cooperate and i think those are two sort of different analyses but either one of those could be hugely problematic for president i mean would you agree with me mr when i say that any other u. S. President that he would have been crushed by the events that we have seen just in the last couple of days but not donald trump it seems that he has been able to blow off a lot of dirt so why not ignore you know cohen implicating him in a federal crime i mean its hes giving the impression that he thinks he can just blow this all. Its one of the i think all marks of Trump Presidency that he is
getting away with things that would have buried any other president any other politician ten times and its over how he does it i think is something of a political miracle but you know legally the facts of the evidence are really starting to build up against him now ultimately i guess one of the Big Questions are we going to have a legal solution or are we going to have a political affiliation yesterday what we saw were that in the United States there is there is rule of law are there is there is truth and theres a theory is just this you know last week that we had the president s attorney saying truth isnt truth or facts are facts well yesterday the Department Of Justice reminded us that the truth is truth and facts are facts and that even if you are you know someone very close to the president you still can be held accountable for your crimes so ultimately reverence to the president from remains to be seen but things went several steps against him yesterday you say mr hunter that the rule of law is still in prevailing in the United States but when youre
outside the country and youre looking at events just consider what we saw yesterday you know we saw these two men who had been in trumps inner circle and now one is convicted one has pleaded guilty to these eight counts and that happened and then the same day you see the u. S. President in West Virginia being cheered by a crowd that it seems is almost boosted by the fact that the president is implicated in possible crimes so he can continue same good conscience and good faith that the system in the United States is going to withstand all of this. Well it looks the same from inside United States as you just laid out and i say the entire political system is going to waste and this i believe so i believe our institutions are resilient what i do know is that our legal system our court system our Department Of Justice have released the all throughout all this and i think were seeing that that ultimately there is a legal question about whether the president of the United States and the indicted
while hes in office the prevailing view is probably not its not been tested in court but the Current Department of Justice Policy is not to do so and they could be changed but Robert Muller is is a conservative type who is not likely to bring a sort of dramatic challenge and you know look our system provides for impeachment in certain if certain facts are met and i think the upcoming Midterm Elections are going to be hugely important right now we have a Republican Congress a Republican House and senate but if the house looks over to democrats which Many Political pundits seem to think is possible or even likely then i think that vastly increases the chance we had and. What about the role of paul man a fourth former Campaign Manager for mr trump he has not cooperated with the Special Prosecutor it seems unlikely that he will do you think he is betting on a pardon from mr trump. I think hes hoping very much for
a part and you know then a forty to sixty nine year old man he now is going to make it a serious federal crimes hes probably looking at a sentence that will keep him in jail for most or all of the rest of this like obviously nobody ever wants back and so really metaphor has two outs now one of them is to cooperate which is a difficult process which would require him to give evidence against everybody who he has evidence against like me putting the president which will require him to still serve some jail time or the sort of Silver Bullet or metaphor to get started but of course there are political risks that the president is giving a pardon and one thing i think that is possible with the president is willing to part a metaphor but he wants but wait until after the crucial Midterm Elections in a couple months because this is at the end of the day this seems that its more political then than it is legal and if the president were to pardon mr mann a fourth. Couldnt that be seen as Obstruction Of Justice i mean we know that mr
man a fourth has been convicted of these eight counts and if the president were to pardon him isnt that in some way standing in the way of justice being served. It certainly would look like Obstruction Of Justice to me and i think to many people it key is going to be getting to the president s intent what was his reason for giving the pardon is there proof that hes doing it to prevent metaphorical operating what the president s been doing over the last several weeks is i think laying a foundation to make a different point to say no the reason pardoning him is because i felt like it was an unjust prosecution and thats why we see the President Tweeting and stating oh hes being treated so unfairly and hes a good person because then the president can say no my intent here was simply to pardon somebody for what i believe to be an unjust prosecution maybe disagree with me but thats not an illegal use of the pardon power is what the president i think what the saying i want to ask you before we run out of time a lot of people especially in the last twenty four hours theyve been talking about
what has happened and theyve been comparing it to the water gate scandal do you think it is fair to make those comparisons now or do you think more were somewhat premature or do you think its even bigger than watergate ever was you know i think we have to hold off on making that decision i think potentially it could be bigger i dont think i would say that yet one thing to keep in mind is we need the public know a very small sliver of whatever Robert Muller no Robert Muller has run a very disciplined tight ship nobody has leaked nobody has spoken out of line and so all were really getting at the public is those relatively few things that are done in public in court like yesterdays proceedings and some other leaks that were getting from cohen and from the truck people and from Rudy Giuliani whos exceptionally unreliable so i dont think we can quite yet put it in Historical Context against watergate but at some point we will. All right former federal
prosecutor from new jersey in new york joining us tonight from new york mr on it we certainly appreciate your time your insights valuable information trying to understand what is going on right now in washington thank you thank you. Well with us Midterm Elections coming in november Tech Companies are on high alert facebook and twitter have shut Down Hundreds of misleading accounts linked to russia and iran u. S. Politicians are also raising concerns over separate revelations of alleged russian hacking. Social media giants acting this time before its too late to go to prevent fake news and propaganda from influencing the upcoming us Midterm Election facebook has removed more than Six Hundred Fifty accounts pages and groups on his personal account facebook c. E. O. Mark zuckerberg wrote that the Company Discovered networks of accounts that were
misleading people about who they were and what they were doing. Twitter also suspended over Two Hundred Fifty accounts under similar claims both Companies Say those uses were tied to russias military Intelligence Services or iran state owned media just a day before the climb down microsoft reported it seized control of six fake websites created by kremlin linked hack as the Software Company said the activities targeted u. S. Conservatives moscow tonight the allegations that u. S. Senators arent convinced youre involved in politics in America High Levels specially if you have views. That he doesnt like you should expect to be the target of a campaign to access your emails get into your systems divulge information or even falsify information against russian Cyber Attacks a big worry from the u. S. Especially after more alleged meddling in the Twenty Six Thousand election. Facebook has been criticized for not doing enough to stop fake news. As new elections approach the company has to prove it will not make the same mistake twice. Will ask any trader on any stock market what a bull looks like you know probably answer go to wall street and just watch all thats good advice in fact bulls made History Today on wall street and on main street for that matter today is the Three Thousand Four Hundred And Fifty day of the latest. Bull run on u. S. Stock markets not translated today marks the one this period of uninterrupted gains on u. S. Stock markets in history you know why is this record setting a market so important one because it has lasted so long in too because Stock Indices some have quadrupled in value since the bull run began and three well
because there just arent any signs of a Bull Slowdown at least in the near future you have to go back to march Two Thousand And Nine to see this bull market take its first steps and thanks to unprecedented help from the u. S. Federal reserve the u. S. And the Global Economy were emerging from the scariest financial crisis since the Great Depression of the nineteen thirtys now this bull market seemed at times more like a cat with nine lives there was the downgrading of u. S. Credit in Two Thousand And Eleven there was the euro crisis right here in europe there was chinas economic slowdown that spooked the world and then that dramatic crash in oil prices remember when crude was selling for One Hundred Dollars a barrel all of those gave investors reason to panic but they didnt panic enough to kill The Bull Market in fact Corporate America has flourished consider those Market Darlings that we talk about all the time theres right there theres apple theres Amazon Net Flix their share prices grew and grew and grew and despite trade
were figures under u. S. President trump The Bull Market remains intact but if you look closely youll see what some analysts label a market and a National Economy on steroids thanks to recent tax cuts and generous Monetary Policy at the fed. So if somebody were to say well gee We Dont Bull Markets Die of old age my answer is no they die of fright and what theyre most afraid of is recession we dont see a recession on the horizon and Earnings Growth combined with economic expansion makes us feel confident that while we could experience a decline of anywhere from five to fifteen plus percent we dont think the new bear market is around the corner. All right with me here the big that was lars halter from our Business Department so you heard that expert right there more of the experts saying that there is no bear market inside is he right i dont think hes
right and there is not a real turnaround right now inside in the next couple of days but brant if you look at the market in the last couple of months were eight months into twenty eighteen and for the year the markets been flat more or less its actually slightly down from its peak in january and it looks to me and it feels a little bit like buyers have lost their conviction theyre looking desperately for reasons to keep going i really think it feels like its running a little out of steam take us back if you could to win this bull run began you were on wall street as i write i mean what was it like this it was really interesting time because of what had just happened america had just gone through the Housing Crisis and the financial crisis and it was march ninth and Two Thousand And Nine when the Dow Jones Hit just about over Six Thousand Five Hundred points the lowest in twelve years and wall street just had entirely changed over the last couple of weeks and Lehman Brot