Transcripts For FBC Cavuto Coast To Coast 20160401 : compare

Poll is. Good morning or good afternoon, charles. Good afternoon. Weve been seeing donald trump having some trouble with women, and we had the war of the wives coming into the week and just when you thought it couldnt get worse, it certainly has. But how much damage has been done . I think its been a a really rough two weeks for trump. Especially as it relates to women. If you looked yesterday, the antics that had happened with the Campaign Manager, with what he said about abortion, the battle between trump and cruzs wives. Said yesterday theres no way that trump can win a general election if he continues these antics. And similarly at surprisingly to me was critical of trump as well. So i think, you know, any to be fair to trump, any republican president ial candidate going into november is going to be carefully watched by the mainstream media. We can look at the past two election cycles, charles, and we can see that everything that republicans say whether theyre running for the president or the senate, especially is as it relates to women, its just scrutinized so much more so much more closely than anything the democrats say. So saying that, you know, the numbers that the fox news poll have actually been backed up. Pugh research is out. Yesterday very similar to fox business polls. And wisconsin ill tell you, charles. The number that worried me the most in these polls. Somewhere around 42 of Republican Voters said that they would consider voting for a third party. 13 said they would consider staying home. Now, these are disastrous numbers for us. Not just because of the president ial election but because the senate hangs in the balance this year. So whether its trump or cruz or whoever our nominee is, we have some really tough work to do with female voters to get them back to our cause. Stuart yeah, to your point, of course i remember mitt romney and his binders of women in extraordinarily low amount of women voters that he got and certainly that could have taken him over the top. But the fox business poll focusing strictly on Republican Voters women and the Republican Party voting, Donald Trumps favorability is only 27 . I know hes been pretty proud of the fact that he never apologizes. Probably reminds women of their husbands. Charles i dont know what husband youre talking about. I have to apologize to my wife when i wake up in the morning. Even when shes asleep i say im sorry. No mines amazing. Im just kidding. Charles but youve got to wonder. Somewhere in the Trump Organization is a red box red glass box on the wall that says in case of emergency, break and apologize to someone somewhere. And if this might not be the town to say at least to republican women to we start that hey, you know what . Ive made a few gaffes. Ive made a few mistakes. I know he never does it but it feels at some point if he wants to get back in the good grace of women particularly that i niche, it might be something he can do. What else well do to gain some momentum or attraction . Thats a great point, charles, i think he needs a new Campaign Manager and he should put a woman in charge. Hes got well respected people that are supporting him, and he needs to start listening to somebody. So if i were him, he has katrina pearson, his spokesperson, but he needs a massive quick core correction with women, and i think there are plenty of incredibly talented republican women who are campaign professionals who i think he should consider hiring. That would be one. He also of course could consider putting a woman on the ballot. Charles yeah. With him saying that, you know, its still a long way until july and cruz and kasich are certainly not letting go. And their numbers are much better with women. Charles yeah. And overall, theres been a serious Momentum Shift and its not just, by the way, in wisconsin. Even though donald trump has his significant lead in new york, it was over 50 not long ago. So 30 , 36 . It sounds fantastic except when you say it was 50 , 53 not too long ago. So i think youve got some work to do. It was a rough week for him. I would focus on the women, and, by the way, if he does go with women, im betting on marsha blackburne. Thats my personal pick. Shes amazing. Charles youre not too bad yourself, morgan. Thanks a lot. Choosing me. Thanks. Charles all right. Well, to the left where the new fox business poll shows Bernie Sanders right now. Edging out Hillary Clinton in wisconsin. Blake burman who happens to be in wisconsin. Blake. Hi, charles. Good afternoon here from milwaukee. Still good morning here from milwaukee actually. That new fox business poll out has Bernie Sanders here leading in wisconsin by five points over Hillary Clinton. 48 to 43. Very tight here in wisconsin. This part of the country, the midwest big ten country has been incredibly competitive between these two. Youll remember it was sanders that pulled that out of left field victory in michigan just to the south of us and illinois. Hillary clinton only beat sanders by two points. Just three delegate difference between the two and here we are an fbn poll showed it was a fivepoint edge with sanders on top. The intensity between these two and the campaigns not likely to slow down after the results of this poll. And before tuesday nights primary here. The latest back and forth between the two centers over campaign financing. And Campaign Contributions really. To step back a bit here for a second as we know Bernie Sanders has based a big majority of his campaign on raising individual contributions and tried to put Hillary Clinton essentially on the take from wall street and from other outside groups like oil and gas companies. Well, yesterday Hillary Clinton was at an event in new york. She was on a rope line. These rope lines after events, the candidates go, and they shake hands. And Hillary Clinton was pressed by someone from green peace about contributions from oil and gas companies. Here was that exchange. I am so sick so clinton there clearly confronting that person and agitated with claims from the Sanders Campaign. Well, the Sanders Campaign, charles, just they really morning put out a statement. I want to read you the top part of it. And here it is. They say it is disappointing that secretary clinton has level an accusation that think isnt true. Its clear that research dob by green peace shes not just receiving money from individuals who happen to work in the oil, coal, and gas industry. 57 lobbyists from personal industry have personally given to her campaign and 11 of those lobbyists have put more than 11 million to help put her in the white house. So the Sanders Campaign are trying to say these people who are lobbyists are essentially connected to the industry. And the Clinton Campaign say these are everyday voters trying to back Hillary Clinton. Charles yeah, everyday voters who happen to make 10 million a year in the oil industry. Thats all. All right, blake, thanks a lot. Appreciate it. Well, to other top story and thats the jobs Market Report out this morning showing jobs growing at what we would call a healthy pace. 215,000 jobs were added. Wage is up. That was the big surprise if you will. Seven cents. Thats considered huge to former dallas fed advisor on where the fed goes from here. And, you know, it was interesting in my mind that the markets initial reaction was to go lower when i saw nothing in this report that spoke of the sort of kind of inflation that would make the fed go out there. But the market very sensitive about the fed these days. Absolutely. And, you know, i think part of the turn around came when we got the manufacturing report out shortly thereafter. So a lot of mixed signals going on when you consider that manufacturing lost jobs at the fastest pace in this mornings report since 2009. And yet you saw manufacturing technically by another gauge go into a go into a recovery mode. So a lot of mixed signals. I think the market is admitting a lot of confusion right now because it cant figure out what the feds going to do next. Charles you know, daniel, on that point and june 1979 there were 19. 6 Million People working in manufacturing. That number is down to 12 million, 12. 3 million. We saw manufacturing doing better as far as, you know, the output with fewer workers. Is that an economic reality . Because in this political backdrop, were being told that there are ways to actually bring jobs back, manufacturing jobs back. But is that really could that happen . You know, i dont i dont think these arguments hold a lot of water. I think that the more wage pressures companies see the more theyre going to continue to push manufacturing jobs offshore and or increase productivity here by using more robotics. And i think thats just a fact of life. If you look closely at the jobs that have been created during this very tepid recovery, weve had 1. 5 Million Manufacturing jobs lost while weve created 1. 6 million jobs for bartenders. And that is the basic reality of a an economy why the government has intruded too much into businesses trying to do businesses at a profit. Charles so youre saying at this point its irreversible . I dont think that theres any way to pull the train back into the station. I really dont believe that. And some of the things that have been coming out of the democratic top the sanders and the Clinton Campaigns about raising a federal minimum wage i think would actually exacerbate the problem. If you look at it weeds this morning in the report, youll see people without High School Education Unemployment Rate ticked up at the fastest rate among others. Charles all the other groups. Exactly. Charles right . And i think thats indicative of some of the fallout of where minimum wages have been imposed. Charles i have to go now. But i do want to ask real quick yes or no do you think janet yellen has received control of the fed . You know, i see the fed right now as being full of dissen dissent, and i dont think she has full control over her committee. Charles thanks very much. Appreciate it. Thank you. Charles well, stocks are up after a really strong mark and Nicole Petallides says if history is proof, its going to be a really good april. Nicole, tell everybody about it. Everybody would love that. They would love to see their 401 k s and ira to the upside. But april the best month for the Dow Jones Industrial average. Im going to explain here. Since 1950, the Dow Jones Industrials have been average return in a positive way 1. 9 . In the month of april. So hoping history repeats itself if youre a bull. Now, in the last ten years, this gets even better. How about all up errors every single april. Look at this great graphic starting back from 2006, you see 2 , 5 , 7 , the average gain there is actually 2. 8 . So what are we looking at now as we kick off this new month . And seeing up arrows. Mcdonalds and home depot. Third day in a row it is hitting a lifetime high. As it expands in asia. And urban out fitters at a eightmonth high. Also have anthropology, and you can see some of the other names. Micron tech leading the way. And on the nasdaq, tesla with their new model 3, only 35,000, people like that. They already have orders for 130,000 of those and netflix the darling of last year right now is one of the winners. But this year been under pressure. Charles. Charles yeah, i love the composition of this years rally because its been the Old School Blue chip names that we consider boring hitting alltime highs like general mills. So i love that. I love that those are leading the way right now. Absolutely right. Charles that History Lesson will help sleep this weekend. Coming up the one thing looming over the entire market that could spell real trouble for stock. And next the stunning border video that has border officials looking at this race even closer bend me shape me, any way you want me as long as you love me, its alright bend me shape me, any way you want me. Shape the best sleep of your life. Sleep number beds with Sleepiq Technology adjust any way you want it. The bed that moves you. Only at a sleep number store. Charles two suspected drug smugglers were caught in this video scaling a fence at the mexico, arizona border. And even more surprisingly, the journalist who filmed this incident said three Border Patrol trucks were within yards of the men and no agents approached them. Ashley pratt says this is why the border is such a Huge Campaign issue. Ashley. Charles, i think the thing here thats almost musing about this is that april fools is today and it wasnt yesterday when this was filmed; right . It would be a huge joke to think that we have Border Patrol agents who cant catch Something Like this happening. And that instead we have to rely upon journalists to, you know, pretty much show us what is happening at the border. And this is why candidates like donald trump are resonating with americans. Because when hes talking tough on immigration, this is why this is such a huge issue. When you see this drug smuggling coming in across the border and places like New Hampshire where i come from, heroin is such a huge issue up there and people are dying of overdoses. So people have to consider the rise of the epidemic and youre seeing drugs across the border, ther there is a direct correlation. Charles yeah, its interesting. Theres absolutely no doubt Donald Trumps campaign was propelled. First of all, the wall protecting americans, and its got two things here. You just talked about the drug aspect. And theres the security aspect. But also the job aspect as well. Right. Charles this porous border, a lot of people coming in, undermining the American Worker willing to do the same job for far less money. And we saw farmers who were saying, hey, you know, if youre going to do something for immigration, find out you find a way to replace the wink, wink illegals you kick out. So when people see this video, theyre going to say this is my guy. Yeah. And whats crazy, charles, when were looking at this election, it used to be that jobs in the economy are the number one on the minds of the voters. And they are and second seems to be am i graduation. When you look at the polling of all the early contests we have seen, we have seen that it plays a huge factor of Border Security among the minds of many voters out there. And i think that is why because of the direct connection to jobs in the economy. When youre seeing people that are reaping benefits that, you know, were paying into, into the american tax system, i think that is that is whats upsetting to americans because taxes are so high and yet if benefits are high and given to people in this country legally, thats a huge security concern one and two also economic concern for a lot of americans who feel squeezed at the wallet. Charles you know, ashley, i read somewhere recently where illegal immigrant men have 86 rate where theyre in the 60s or low 70s. So its a huge gigantic problem, economic problem, security problem, all of the above. Ashley pratt, thank you very much. Thank you, charles. Charles later on ill read you a tweet that donald trump put out. I want to note of course that hes noting the Border Patrol agents have actually endorsed him. Thats not a surprise but what a day that this video has come out. And also take a look at tesla. A big day today. Popped on that new model 3 that it unveiled. Investors sharing. But it could be a little bit early. Well see and the sck also tonight 6 00 p. M. Eastern we have a lot to talk about. Making money with charles payne. Im going to show you exactly why voters are rebelling. Im going to show you proof of it with the economy. Tonight. And every night. 6 00 p. M. At mfs investment management, we believe in the power of active management. By debating our research to find the best investments. By looking at global and local insights to benefit from different points of view. And by consistently breaking apart risk to focus on longterm value. We actively manage with expertise and conviction. So you can invest with more certainty. Mfs. Thats the power of active management. Charles welcome back. Here are some of your headlines from coast to coast. First california now new york looks to pass a 15 minimum wage. But now protesters are getting their way. I dont know . Think theyll stop at 15 . I dont think so. And holding off from being public in the First Quarter. There were no u. S. Tech ipos. Believe it or not. That is amazing. In fact, first time that has happened in seven years. And tesla, thats been a hot ipo; right . But also popping big today 175,000 orders for its new model 3. But also prices so low youve got to wonder the impact of electric cars. Well get into that more in just a bit. Now look at china. Connell mcshane s p cut the outlook for china. Almost funny the conversation we had about the election with china and the big, bad chinese taking our jobs as they have been for years. And the reality of modern day china. Cut the outlook, not the credit generating yet. Maybe going in that direction. The issues we cite, excessive debts one, thats hanging over the chinese as it is other countries. Excessive debts, also Government Spending. Whats the reaction of the Campaign Manager<\/a>, with what he said about abortion, the battle between trump and cruzs wives. Said yesterday theres no way that trump can win a general election if he continues these antics. And similarly at surprisingly to me was critical of trump as well. So i think, you know, any to be fair to trump, any republican president ial candidate going into november is going to be carefully watched by the mainstream media. We can look at the past two election cycles, charles, and we can see that everything that republicans say whether theyre running for the president or the senate, especially is as it relates to women, its just scrutinized so much more so much more closely than anything the democrats say. So saying that, you know, the numbers that the fox news poll have actually been backed up. Pugh research is out. Yesterday very similar to fox business polls. And wisconsin ill tell you, charles. The number that worried me the most in these polls. Somewhere around 42 of Republican Voters<\/a> said that they would consider voting for a third party. 13 said they would consider staying home. Now, these are disastrous numbers for us. Not just because of the president ial election but because the senate hangs in the balance this year. So whether its trump or cruz or whoever our nominee is, we have some really tough work to do with female voters to get them back to our cause. Stuart yeah, to your point, of course i remember mitt romney and his binders of women in extraordinarily low amount of women voters that he got and certainly that could have taken him over the top. But the fox business poll focusing strictly on Republican Voters<\/a> women and the Republican Party<\/a> voting, Donald Trumps<\/a> favorability is only 27 . I know hes been pretty proud of the fact that he never apologizes. Probably reminds women of their husbands. Charles i dont know what husband youre talking about. I have to apologize to my wife when i wake up in the morning. Even when shes asleep i say im sorry. No mines amazing. Im just kidding. Charles but youve got to wonder. Somewhere in the Trump Organization<\/a> is a red box red glass box on the wall that says in case of emergency, break and apologize to someone somewhere. And if this might not be the town to say at least to republican women to we start that hey, you know what . Ive made a few gaffes. Ive made a few mistakes. I know he never does it but it feels at some point if he wants to get back in the good grace of women particularly that i niche, it might be something he can do. What else well do to gain some momentum or attraction . Thats a great point, charles, i think he needs a new Campaign Manager<\/a> and he should put a woman in charge. Hes got well respected people that are supporting him, and he needs to start listening to somebody. So if i were him, he has katrina pearson, his spokesperson, but he needs a massive quick core correction with women, and i think there are plenty of incredibly talented republican women who are campaign professionals who i think he should consider hiring. That would be one. He also of course could consider putting a woman on the ballot. Charles yeah. With him saying that, you know, its still a long way until july and cruz and kasich are certainly not letting go. And their numbers are much better with women. Charles yeah. And overall, theres been a serious Momentum Shift<\/a> and its not just, by the way, in wisconsin. Even though donald trump has his significant lead in new york, it was over 50 not long ago. So 30 , 36 . It sounds fantastic except when you say it was 50 , 53 not too long ago. So i think youve got some work to do. It was a rough week for him. I would focus on the women, and, by the way, if he does go with women, im betting on marsha blackburne. Thats my personal pick. Shes amazing. Charles youre not too bad yourself, morgan. Thanks a lot. Choosing me. Thanks. Charles all right. Well, to the left where the new fox business poll shows Bernie Sanders<\/a> right now. Edging out Hillary Clinton<\/a> in wisconsin. Blake burman who happens to be in wisconsin. Blake. Hi, charles. Good afternoon here from milwaukee. Still good morning here from milwaukee actually. That new fox business poll out has Bernie Sanders<\/a> here leading in wisconsin by five points over Hillary Clinton<\/a>. 48 to 43. Very tight here in wisconsin. This part of the country, the midwest big ten country has been incredibly competitive between these two. Youll remember it was sanders that pulled that out of left field victory in michigan just to the south of us and illinois. Hillary clinton only beat sanders by two points. Just three delegate difference between the two and here we are an fbn poll showed it was a fivepoint edge with sanders on top. The intensity between these two and the campaigns not likely to slow down after the results of this poll. And before tuesday nights primary here. The latest back and forth between the two centers over campaign financing. And Campaign Contributions<\/a> really. To step back a bit here for a second as we know Bernie Sanders<\/a> has based a big majority of his campaign on raising individual contributions and tried to put Hillary Clinton<\/a> essentially on the take from wall street and from other outside groups like oil and gas companies. Well, yesterday Hillary Clinton<\/a> was at an event in new york. She was on a rope line. These rope lines after events, the candidates go, and they shake hands. And Hillary Clinton<\/a> was pressed by someone from green peace about contributions from oil and gas companies. Here was that exchange. I am so sick so clinton there clearly confronting that person and agitated with claims from the Sanders Campaign<\/a>. Well, the Sanders Campaign<\/a>, charles, just they really morning put out a statement. I want to read you the top part of it. And here it is. They say it is disappointing that secretary clinton has level an accusation that think isnt true. Its clear that research dob by green peace shes not just receiving money from individuals who happen to work in the oil, coal, and gas industry. 57 lobbyists from personal industry have personally given to her campaign and 11 of those lobbyists have put more than 11 million to help put her in the white house. So the Sanders Campaign<\/a> are trying to say these people who are lobbyists are essentially connected to the industry. And the Clinton Campaign<\/a> say these are everyday voters trying to back Hillary Clinton<\/a>. Charles yeah, everyday voters who happen to make 10 million a year in the oil industry. Thats all. All right, blake, thanks a lot. Appreciate it. Well, to other top story and thats the jobs Market Report<\/a> out this morning showing jobs growing at what we would call a healthy pace. 215,000 jobs were added. Wage is up. That was the big surprise if you will. Seven cents. Thats considered huge to former dallas fed advisor on where the fed goes from here. And, you know, it was interesting in my mind that the markets initial reaction was to go lower when i saw nothing in this report that spoke of the sort of kind of inflation that would make the fed go out there. But the market very sensitive about the fed these days. Absolutely. And, you know, i think part of the turn around came when we got the manufacturing report out shortly thereafter. So a lot of mixed signals going on when you consider that manufacturing lost jobs at the fastest pace in this mornings report since 2009. And yet you saw manufacturing technically by another gauge go into a go into a recovery mode. So a lot of mixed signals. I think the market is admitting a lot of confusion right now because it cant figure out what the feds going to do next. Charles you know, daniel, on that point and june 1979 there were 19. 6 Million People<\/a> working in manufacturing. That number is down to 12 million, 12. 3 million. We saw manufacturing doing better as far as, you know, the output with fewer workers. Is that an economic reality . Because in this political backdrop, were being told that there are ways to actually bring jobs back, manufacturing jobs back. But is that really could that happen . You know, i dont i dont think these arguments hold a lot of water. I think that the more wage pressures companies see the more theyre going to continue to push manufacturing jobs offshore and or increase productivity here by using more robotics. And i think thats just a fact of life. If you look closely at the jobs that have been created during this very tepid recovery, weve had 1. 5 Million Manufacturing<\/a> jobs lost while weve created 1. 6 million jobs for bartenders. And that is the basic reality of a an economy why the government has intruded too much into businesses trying to do businesses at a profit. Charles so youre saying at this point its irreversible . I dont think that theres any way to pull the train back into the station. I really dont believe that. And some of the things that have been coming out of the democratic top the sanders and the Clinton Campaign<\/a>s about raising a federal minimum wage i think would actually exacerbate the problem. If you look at it weeds this morning in the report, youll see people without High School Education<\/a> Unemployment Rate<\/a> ticked up at the fastest rate among others. Charles all the other groups. Exactly. Charles right . And i think thats indicative of some of the fallout of where minimum wages have been imposed. Charles i have to go now. But i do want to ask real quick yes or no do you think janet yellen has received control of the fed . You know, i see the fed right now as being full of dissen dissent, and i dont think she has full control over her committee. Charles thanks very much. Appreciate it. Thank you. Charles well, stocks are up after a really strong mark and Nicole Petallides<\/a> says if history is proof, its going to be a really good april. Nicole, tell everybody about it. Everybody would love that. They would love to see their 401 k s and ira to the upside. But april the best month for the Dow Jones Industrial<\/a> average. Im going to explain here. Since 1950, the Dow Jones Industrial<\/a>s have been average return in a positive way 1. 9 . In the month of april. So hoping history repeats itself if youre a bull. Now, in the last ten years, this gets even better. How about all up errors every single april. Look at this great graphic starting back from 2006, you see 2 , 5 , 7 , the average gain there is actually 2. 8 . So what are we looking at now as we kick off this new month . And seeing up arrows. Mcdonalds and home depot. Third day in a row it is hitting a lifetime high. As it expands in asia. And urban out fitters at a eightmonth high. Also have anthropology, and you can see some of the other names. Micron tech leading the way. And on the nasdaq, tesla with their new model 3, only 35,000, people like that. They already have orders for 130,000 of those and netflix the darling of last year right now is one of the winners. But this year been under pressure. Charles. Charles yeah, i love the composition of this years rally because its been the Old School Blue<\/a> chip names that we consider boring hitting alltime highs like general mills. So i love that. I love that those are leading the way right now. Absolutely right. Charles that History Lesson<\/a> will help sleep this weekend. Coming up the one thing looming over the entire market that could spell real trouble for stock. And next the stunning border video that has border officials looking at this race even closer bend me shape me, any way you want me as long as you love me, its alright bend me shape me, any way you want me. Shape the best sleep of your life. Sleep number beds with Sleepiq Technology<\/a> adjust any way you want it. The bed that moves you. Only at a sleep number store. Charles two suspected drug smugglers were caught in this video scaling a fence at the mexico, arizona border. And even more surprisingly, the journalist who filmed this incident said three Border Patrol<\/a> trucks were within yards of the men and no agents approached them. Ashley pratt says this is why the border is such a Huge Campaign<\/a> issue. Ashley. Charles, i think the thing here thats almost musing about this is that april fools is today and it wasnt yesterday when this was filmed; right . It would be a huge joke to think that we have Border Patrol<\/a> agents who cant catch Something Like<\/a> this happening. And that instead we have to rely upon journalists to, you know, pretty much show us what is happening at the border. And this is why candidates like donald trump are resonating with americans. Because when hes talking tough on immigration, this is why this is such a huge issue. When you see this drug smuggling coming in across the border and places like New Hampshire<\/a> where i come from, heroin is such a huge issue up there and people are dying of overdoses. So people have to consider the rise of the epidemic and youre seeing drugs across the border, ther there is a direct correlation. Charles yeah, its interesting. Theres absolutely no doubt Donald Trumps<\/a> campaign was propelled. First of all, the wall protecting americans, and its got two things here. You just talked about the drug aspect. And theres the security aspect. But also the job aspect as well. Right. Charles this porous border, a lot of people coming in, undermining the American Worker<\/a> willing to do the same job for far less money. And we saw farmers who were saying, hey, you know, if youre going to do something for immigration, find out you find a way to replace the wink, wink illegals you kick out. So when people see this video, theyre going to say this is my guy. Yeah. And whats crazy, charles, when were looking at this election, it used to be that jobs in the economy are the number one on the minds of the voters. And they are and second seems to be am i graduation. When you look at the polling of all the early contests we have seen, we have seen that it plays a huge factor of Border Security<\/a> among the minds of many voters out there. And i think that is why because of the direct connection to jobs in the economy. When youre seeing people that are reaping benefits that, you know, were paying into, into the american tax system, i think that is that is whats upsetting to americans because taxes are so high and yet if benefits are high and given to people in this country legally, thats a huge security concern one and two also economic concern for a lot of americans who feel squeezed at the wallet. Charles you know, ashley, i read somewhere recently where illegal immigrant men have 86 rate where theyre in the 60s or low 70s. So its a huge gigantic problem, economic problem, security problem, all of the above. Ashley pratt, thank you very much. Thank you, charles. Charles later on ill read you a tweet that donald trump put out. I want to note of course that hes noting the Border Patrol<\/a> agents have actually endorsed him. Thats not a surprise but what a day that this video has come out. And also take a look at tesla. A big day today. Popped on that new model 3 that it unveiled. Investors sharing. But it could be a little bit early. Well see and the sck also tonight 6 00 p. M. Eastern we have a lot to talk about. Making money with charles payne. Im going to show you exactly why voters are rebelling. Im going to show you proof of it with the economy. Tonight. And every night. 6 00 p. M. At mfs investment management, we believe in the power of active management. By debating our research to find the best investments. By looking at global and local insights to benefit from different points of view. And by consistently breaking apart risk to focus on longterm value. We actively manage with expertise and conviction. So you can invest with more certainty. Mfs. Thats the power of active management. Charles welcome back. Here are some of your headlines from coast to coast. First california now new york looks to pass a 15 minimum wage. But now protesters are getting their way. I dont know . Think theyll stop at 15 . I dont think so. And holding off from being public in the First Quarter<\/a>. There were no u. S. Tech ipos. Believe it or not. That is amazing. In fact, first time that has happened in seven years. And tesla, thats been a hot ipo; right . But also popping big today 175,000 orders for its new model 3. But also prices so low youve got to wonder the impact of electric cars. Well get into that more in just a bit. Now look at china. Connell mcshane s p cut the outlook for china. Almost funny the conversation we had about the election with china and the big, bad chinese taking our jobs as they have been for years. And the reality of modern day china. Cut the outlook, not the credit generating yet. Maybe going in that direction. The issues we cite, excessive debts one, thats hanging over the chinese as it is other countries. Excessive debts, also Government Spending<\/a>. Whats the reaction of the Chinese Government<\/a> any time theyre in a issue like this . Spend, eskimo. If we have a problem with growth, well build some more buildings. Charles do you see what they do in the coal industry . In terms of. Charles theyre firing 6 Million People<\/a> from the coal industry and going to spend 23 billion to pay them and reacclimate them into society. I mean youre talking about Government Spending<\/a> and government controls. I mean thats thats almost unbelievable. Weve heard of retraining workers but not at that kind of a practice. Charles Government Spending<\/a>. I mean they throw money at every single problem out there. Right. So they have this hanging over the economy. The numbers on it are staggering. The s p looks at it at, like, 30 or 35 of their gdp. So in terms of the Government Spending<\/a>. The way they phrased it, it was not a sustainable level. Come on. Of course. At some point its not. Charles right . But thats what the chinese will do. They will keep spending until they dont have any money to spend anymore but of course you can keep printing more money. So they will keep spending. How big of a hole are they building for themselves and for us the Global Economy<\/a> . We dont know. We assume it will keep growing in china. What the real numbers are, they say 6 . Charles Chinese Government<\/a> promised 6. 5 growth through 2020 by any means necessary. But i think the first point you brought up politics in america. The irony, i dont know that a lot of americans realize. Chinese is spending billions to prop their currency up these days. Exactly. Well exactly. Yeah. Thanks for bringing that back up. I was going to say the conversation were having almost is backwards. Or theres a lag effect; right . Charles right . Because whats been happening with china been going on for years and years. Charles right . And it built up and built up and everybody here was talking about free trade policies helping our economy. A lot of people were buying into that. But in their real lives they were seeing Something Different<\/a> happening and saying, well, theyre really hurting us with their currency because, you know, of their keeping their currency artificially low. As you say now they move in the opposite direction but i cant reverse peoples minds. Charles well, for decades they had a very unfair currency and things now have billionaires who are shipping their money out of the country. If their currency keeps going down, the rich people convert it for dollars. So theyre in a pickle too. They are. Thanks a lot. Charles thanks. Well, fbn shows cruz winning wisconsin and winning it big time. But is wisconsin the game changer that cruz needs . Well discuss it after this at ally bank, no branches equals great rates. Its a fact. Kind of like social media equals antisocial. Hey guys, i want you to meet my fiancee, denise. Hey. Good to meet you dennis. This just got interesting. So why pause to take a pill . 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Insurance coverage has expanded nationally and you may now be covered. Contact your health plan for the latest information. At ally bank, no branches equals great rates. Its a fact. Kind of like bill splitting equals nitpicking. But i only had a salad. It was a buffalo chicken salad. Salad. Charles this is cavuto coasttocoast. A new foxbusiness poll showing ted cruz with a very Comfortable Lead<\/a> in wisconsin but an average of new york polls shows him behind donald trump and even john kasich. What ted cruz needs to do to win beyond wisconsin. You guys are excited out there but you have got to be looking beyond the badger state. What is the strategy . We are looking to the convention in june. It will require picking up delegates all the way to the california primary which is here on june 7th and ted cruz just left the state going back to the east coast to continue the campaign. We will see what new york and other states look like after the results come in wisconsin. Every time we engage in a state our numbers go up and Donald Trumps<\/a> numbers go down, we saw that in utah and it is on to june 7th and the convention beyond. Before you mentioned being engaged in the states. Will you give it a shot in new york and new jersey or concentrate on california and elsewhere . From the beginning we built a 50 state campaign organization. I was named california state chairman of the campaign back in august and we named our new jersey chair, two states that vote at the end the process. New york award is delegates on a district by district basis. There are plenty of opportunities, ted cruz was there last week and he will be there next week, new york has some opportunities and the only way we when is by engaging everywhere. Plenty of people said you cant win in a state like maine. We won. People said you cant do great in kansas, we had a landslide victory, we won alaska. States that demonstrated ted cruzs support is national and we are having a consolidation of support on the republican side. Charles you never had to deal with main values when you won main. How much effort are you going to put in a place like new york where now some analysts say it will be a great moral victory and you can hold donald trump under 50 . I am born and raised in new york, when people talk about new york values they are talking liberal new york city values like bill diblasio and so on and the impact of liberal economic policies in new york among the highest taxed states in the country, new yorkers repeatedly, nobody wants to retire in new york, Everyone Wants<\/a> to retire in florida to get away and shield their retirement from new yorks skyhigh income tax. We are going to get there and there are opportunities in new york but this is a long ball game, plenty of states left to vote. The strategic dynamic is donald trump doesnt have the altitude to get the delegates he needs to secure the nomination and we are picking up support all the time especially in california where we were for two days. Charles running a 50 state campaign, but you are picking and choosing states that focus on more than others now. We are competing everywhere. We have volunteers engaged in every state in the country, new york, delegates rewarded on a district by district basis, the same is the case here. Ch he will get 1237 before the convention. I understand rally the troops and locker room sort of thing but is that in the ted cruz camp to say we will get 1237 because it looks not achievable. The only person for whom it is unachievable is john kasich who is running as a spoiler. Charles mathematically, 80 of the rest of the delegates or Something Like<\/a> that. To do that you dont have to win 80 of the votes. In use our we won 69 of the vote but got numb 100 of the delegates. We take a look at that. Certainly donald trump has more delegates than we do at this point. It is a steeper climb but charles before i let you go backing off the republican pledge, can you tell us definitively if ted cruz will back the ultimate nominee if it is not him . I cant say that. What we have seen is two things. Number one, Republican Voters<\/a> are not particularly concerned which candidate doesnt get the nomination supports which candidates do. Number 2, donald trump has done some things which are pretty outrageous over the last couple weeks. No one would have expected he would have behaved this intensely personal way toward ted cruzs wifeand other women. Charles we got to leave it there. You have wind in your sales and making it more interesting than it was a couple weeks ago. Good luck to you, we will have you back real soon. Republicans are not backing off of the pledge to support whoever the nominee is. Tonight at 9 00 pm eastern time, we have some other choices for you. John stossel holding a Libertarian Forum<\/a>. Talking about thirdparty candidates that want to be the alternative. He is in studio and joined me now. That is so cool. You are the moderator for the thirdparty, libertarian guys. Negative thirdparty. Charles libertarianism is on the rise but i dont know there is a bigger part of it. I dont know the movement itself connects with people who claim to be the leader of it. Smack judge and napolitano may be. Gary johnson is the front runner, we have three leading candidates based on the first poll of the party and they will debate, we have two leading candidates who are creepy and terrible and antiliberty, a proliberty alternative is needed. It ought to be this year. Charles people say in polls and interviews lean so much toward libertarianism. A lot of people are libertarian to a degree but dont know it, dont connect the dots. If you are economically conservative and socially liberal that is libertarian. People think that means libertine and we want to promote drug use, not true. We just say the government that governs best governs least, should keep us safe, have some pollution control rules and then but out. Charles counter to what donald trump setting count hall, governments and secure us, should have a role in education, a role in healthcare. Spy on people, start a trade war. Charles that is opposite, no part of that platform can be partly claimed to be libertarian. None of the stuff you mentioned. Charles the movement, what do you think will come out of this . Ultimately doesnt feel like these guys are going to win but they keep learning and gaining recognition and more people look in the mirror and have that he pivotally every day, i am a libertarian. If they get 5 of the vote they get matching funds, they get on the ballot everywhere, the beginning of a new freedom alternative and the country could use that as we go broke. Charles i look forward to it. It is a great thing and it looks exciting. Good luck tonight and we will watch, you do not want to miss the stossel Libertarian Forum<\/a> tonight after wall street week right here on foxbusiness, see you tonight, john. President Obama Meeting<\/a> with World Leaders<\/a> over nukes but also talking up his climate deal with the chinese president. We are uncovering more problems with those green companies. Adam schapiro on one big Solar Company<\/a> in big trouble right here. Adam charles son edison calls itself the Largest Global<\/a> Renewable Energy<\/a> developing company in the world. It is teetering on the edge of bankruptcy as we reported earlier this week and it is the target of a department of justice investigation. In documents senate is and founded the sec they say it received a subpoena fromhe Justice Department<\/a> seeking information about son edisons Financing Activities<\/a> regarding the now failed 2. 2 billion bid to buy solar, doj once information on a son edison employee who is alleged to have and this is a quote, committed wrongdoing in connection with termination negotiations. They cancel the deal in early march just before son edison filed for an extension to file its 2015 annual report. Son edison admits it is the target of an informal inquiry from the securities and Exchange Commission<\/a> over the accuracy of statements regarding his financial condition. During an Earnings Call<\/a> last year, this was november, son edison reported it had 1. 4 billion in cash and sufficient liquidity to cover its 12 billion in debt. Turns out not exactly. Son edisons market cap in july 2015, 10 million but the start has crashed and son edisons market cap an hour ago was around 1 70 million. Son edison like other Renewable Energy<\/a> firms did receive some Us Government<\/a> grants from Us Government<\/a> and State Government<\/a> which total 4 . 5 million. Being dragged down by citizen, david einhorn, greenlight capital, the hedge fund guy, back in 2014 was touting this stock as a great by, it was worth 800 million. Today, thank you. Charles i am looking for the solar plant in california, that is a big debacle and taxpayers have billions of dollars sunk into that as well. Great stuff as usual. Oil down on skepticism that opec members will be able to freeze out, the stocks that are being impacted by this move. My dad gave me those shares, you know. He ran that company. I get it. But you know i think you own too much. Gotta manage your risk. An honest opinion is how edward jones makes sense of investing. You cant breathed. Through your nose. Suddenly, youre a mouthbreather. 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Call one reverse mortgage right now to get the details, find out if you qualify and get your free information kit. Charles oil is stumbling, it has been down this week. Lets go to phil flynn at the cme. Phil we are seeing the selloff, rumors that if a Saudi Arabian<\/a> prince says they wont talk about a production freeze unless all the countries agree, that could be a nonstarter because he ran says they cant freeze production, they have to raise production. And because of the divergence for stocks being higher, and oil being lower, there is a concern, it is negotiated by saudi arabia, this week. The jobs report, the headline number beat expectations, and the price of oil. The dollar relationship with oil for the jobs number. The big thing for the rest of the day, the rate count number, we will get that number in 15 minutes, it continues to fall and another sign that us producers are throwing in the towel. We could see production fall below 9 Million Barrels<\/a> a day for the first time in twee 10 years and that could be a game changer for oil going forward. If you can get opec out of the noise, back to you. Charles saudi arabia wants to build a 12 trillion fund so when they run out of oil they have something to fall back on. They have to give up the artificially low oil prices. They see the writing on the wall, they know their future is in jeopardy, off of traditional gills. I tell you another thing. That is another sign of desperation. For saudi arabia to come out and say we have to change the way we are doing business because of low oil prices they are at the point of pain and that is why they are talking to nonopec producers, if you asked a month ago they would have said there is no chance they would freeze production, their tune changed when Oil Prices Fell<\/a> really hard. Charles thanks a lot. The new foxbusiness poll showing Bernie Sanders<\/a> beating hillary in wisconsin, getting a ton of donor support. People thought he was nuts, he got 34 million in march and over numb 100 million in the First Quarter<\/a> alone. Jim manley is a clinton backer. I got to tell you something, bernie gaining momentum, and the establishment keeps writing him off. You have a smirk on your face but this guy is a real threat, no . No, he is not. With all due respect, senator sanders, nothing has changed from the last time i was here. He will continue to raise a lot of money, continue to draw large crowds like we saw last night. In the end it will all come down to the math. She keeps winning more delegates than he does. That is reality. Charles fast forward, he won the last week the contests, scorched her, beating her in wisconsin, she was 53 Percentage Points<\/a> in october, he is beating her by four points in that one poll and gaining in new york. Would you admit it is a game changer . Yes i would. Not a total game changer but it would change the dynamic. Having said that if he wins in wisconsin he will try to ride that for all it is worth. He will build on that to try to demonstrate momentum but even after new york, for the rest of the states it looks difficult for him to get the number of delegates necessary to win. He is in it for the long haul, he is going all the way to california on june 7th, he wonts a role in the convention. We will see a lot more like we saw last night in brooklyn, the bronx, these amazing rallies, that doesnt necessarily translate into votes. Charles he seems to be getting under hillarys skin just a little bit, the little gnat at the picnic that wouldnt go away. He is more than a nasty. 40 million, pretty big gnat. Charles let you go, thanks very much, we will have you back soon especially if new york is an upset. The one group that could decide this entire race right after this. You pay your Car Insurance<\/a> premium like clockwork. Month after month. Year after year. Then one night, you hydroplane into a ditch. Yeah. Surprise. Your Insurance Company<\/a> tells you to pay up again. Why pay for insurance if you have to pay even more for using it . If you have Liberty Mutual<\/a> deductible fund\u2122, you could pay no deductible at all. Sign up to immediately lower your deductible by 100. And keep lowering it 100 annually, until its gone. Then continue to earn that 100 every year. Theres no limit to how much you can earn and this savings applies to every vehicle on your policy. Call to learn more. Switch to Liberty Mutual<\/a> and you could save up to 509. Call Liberty Mutual<\/a> for a free quote today at see Car Insurance<\/a> in a whole new light. Liberty mutual insurance. Charles a segment that lit up our website, Small Business<\/a> owners duking it out over there candidate. Take a listen. He understands what it takes. He knows about taxes, how obamacare is the lousiest thing they ever put out. 16 tax, a Small Business<\/a> owner tweeted the same as exxon corporation. Taking a stance on reducing Corporate Tax<\/a>es which is a good thing for Small Business<\/a>es. Charles what do Millennials Want<\/a> in november . We have them here to tell you. Alexander smith, kristi, and gianna caldwell. We know millennial love Bernie Sanders<\/a>. Why i am not sure but ultimately in november who do you think they will go with . I am going with trump. I love him, he is fantastic, i love everything he has to say, focusing on immigration and National Security<\/a> and bringing jobs back to america. That is something th is superimportant to millennials and will get their attention. Who do you think . I think there are two candidates millennials would love and that is Bernie Sanders<\/a> and donald trump. One who has a history of creating jobs, relatively important to go beyond rhetoric and factual history of doing something. Those who may have experienced the brunt of the economic recession may go to Bernie Sanders<\/a>, more government dependency. Charles millennials have not felt the brunt of it. They have seen their parents, the stock market crash and housing crash. Do you think that would be why they would go with bernie . The bernie phenomena and is hard to pin down. Is that where it is coming from . As a millennial most millennials these days graduating with numb 100,000 worth of debt, living in their parentss basements and getting jobs as walmart greeter, they havent had the opportunity to see the level of job growth we experienced prior to the obama administration. In that actuation that is the brunt of the pain they will be feeling having not had opportunities. Charles for old folks like me that is oldfashioned whining. You started job and dont get a gold watch the first day. Maybe that is just generational. Who do you think will get the Millennial Vote<\/a> . The candidate who present him or herself as the biggest problems all the. Our Research Shows<\/a> more than any other trait charles who is that . Give me the answer. What i am seeing with the exit polls, on the democratic side Bernie Sanders<\/a> is dominating the youth vote presenting a challenge to Hillary Clinton<\/a> because young people see her as dishonest. If you look at exit polls on the republican side it is a mixed bag. You see donald trump with the youth vote in New Hampshire<\/a>, ted cruz in south carolina, john kasich in ohio. Young people are still testing the waters thinking who they want to support. Before when you tell your friends you like donald trump what do they say . A mixed reaction. A lot of friends love him too and support him, has tagteam trump all over my facebook and some friends get all their news from the news and the daily show and have all these misconceptions about him that i have to clear up and then they support him too. Charles you guys are fantastic, we got to get you back soon. Stocks climbing after a strong jobs report, manufacturing turned this around. The big question, what about the fed . Charles welcome back to cavuto coast to coast, look at this foxbusiness poll showing ted cruz and donald trump, voters in wisconsin pretty firm about their support for them, but 40 of john kasich voters may change their mind. Who may benefit from this . A lot of jockeying and lastminute Decision Making<\/a> this election cycle, gerri willis, Connell Mcshane<\/a>, you first, before everything. Wait a minute. Gerri why would you be that horrible to Connell Mcshane<\/a> . He is pretty. Charles what about who is going to get the late deciders . Gerri i got to tell you, trump gets late deciders but how many will there be . It has taken karch money, every political commentator on radio, all of the Republican Party<\/a> to get ted cruz on top in wisconsin. Charles got momentum. The thing that has helped donald trump, he was crushed in early voting, louisiana voting day, ted cruz had more votes than donald trump. That is starting to change the game. Because of the 40 , most of those are second choices, ted cruz. Ted cruz momentumwise, they buy into a trump movement. The world, all these people we heard from, trying to stop donald trump, as the message gets across more and more junk a 6 supporters go to ted cruz, not donald trump. Charles a stronghold for donald trump, does that worry democrat in the general election . Charles i do charles one thingabout polls and actuality. It has gone through, you see states where massachusetts, wide swath of independence and democrat swapped hearty affiliation, in pennsylvania it is in six figures, independent and democrats, they will vote for donald trump. You sound like the twitter egg that tweets me on a daily basis and says dont believe the polls. 72 disApproval Rating<\/a> according to the last poll, and everybody charles honestly i dont understand how democrats can write donald trump off. All the crossover voting he is received. Gerri it hurts hillary, it hurts bernie. Charles that is connell one of those guys, i was assuming that to be true, coverage of all the primaries, the reagan democrats, bluecollar democrats and their analysis, that is overblown, that is not the case. Already supported republicans that made the change a long time ago. If they are right about that this trump phenomena and taking democrats charles the republicans republicans right now, it is up 17 unregistered republicans. This is the highest ever. Slightly under the obama phenomenon of 19 . Even that enthusiasm, the enthusiasm gap, there is an enthusiasm gap. Enthusiasm to vote for trump or against him . 35 to 36 of the republican base, two thirds are voting against him. Not just enthusiasm to get donald trump in the white house but democrats say that all the time, he has a ceiling, he has a limit. Isnt that because there are more people in his Party Running<\/a> for president that among the democrats . There is a limit. Look at the wisconsin poll. I have been looking at them 20 years, looking at that, you see that ted cruz voters and donald trump voters loathed each other, the second choice for both is john kasich. Charles magically bring them together. I want to talk about market stocks climbing. One of the jobs reports, jobs report was better than expected, we were down 100 points. We had 215,000 jobs, lost jobs in manufacturing, that is bad, but manufacturing doing really well, how do you reconcile all of this and these numbers. The market is down 100 points, manufacturing data, first positive number in five months, manufacturing going well even though it should jobs. And the sector is going well even though it lost the gig. Todays jobs report should have been good enough to prompt the Federal Reserve<\/a> to normalize Interest Rates<\/a> to cause policy to look ahead. Charles what part of it . The operative word was should . Think about if you look at the headline number at a level where historically you see some normalization of Interest Rates<\/a> or emergency levels but perhaps there is a fed that is not just dovish but downright chicken when it comes to future Interest Rates<\/a>. Why are they concerned . A fragile Global Economy<\/a>, more fragile than they anticipated. When you look at the jobs report, lower wage job being created, we havent created manufacturing jobs in this country in decades. Charles the jobs number, now you are admitting it was mostly cabdrivers and bartenders. Compare the headline number 2 what is really going on. When you listen to the fed comments they are very concerned. We talk about being chicken, and enormous role, and political, by not acting they become political because they are taking action by taking rates below where they ought to be, below more normalized levels they are making a political statement to support the economy. Charles i will bring the panel in. We know that going back to george bush senior, the Federal Reserve<\/a> made some moves in the election year, amazing favorability reading and plunged because the stock market was done. The fed has been welltodo, both sides they are being dovish in their comments, the party continues, everybody have a good time, by stocks, the happiness best is on. Charles no one is buying stocks. Americans have taken more money out of the market than putting in. 3 trillion has only gotten a few more car sales. Main street is not impacted positively at all by the fed. The timing will matter too if you talk about the effect on the election. We had an awful start to the year stock market wise all the way back here. I dont see a convincing argument to say we have a lot more to go here. Stocks getting a little bit pricey here so do we just fade along . Earnings are going to be boring. Connell maybe it is not hire off to the races stock market. Charles the bad news is earnings suck, the good news earnings suck. Am i right . Lower bar it is all about comparison. If you come in at a penny last year and lost a penny that is great news. It is a function of expectations and we talk about the headline number and unemployment and what is going on behind the scenes, same is true in the financial market. Look at the Leadership Groups<\/a> here, gold rushing out of the gate in the First Quarter<\/a>. That is not a sign of a strong economy. It is great if you own gold and there are plenty of opportunities. Charles caterpillar is up, ibm is up, walmart is up. The leadership areas also include areas like telecom and utilities. You dont want to see those in leadership, you want to the industrials. We came into this area. Charles is the fed trying to prop up everything so a democrat get selected . Know charles you can be honest. Janet yellen and i were on a speaker call this morning and she said im going to admit to you charles you know people believe this is true. Janet yellen Charles Janet<\/a> yellen you are telling me every republican appointed chairman is trying to pop up that federal charles that is the theory, the janet yellen a staunch liberal, staunch progressive and she believes obamas policies should continue and she will do anything to make sure the market holds up by hook or by crook through november. Interesting conspiracy theory. I tend to think more of our fed chair or women. Charles got to leave it there. Tonight at 8 00 pm eastern time Anthony Scaramucci<\/a> will breakdown what you need to know about the market on a brandnew wall street week. The thirdparty, a lot of people say a third party ready to take over, the grand old party, the threat from the right after this. You both have a perfect driving record. Perfect. No tickets. No accidents. That is until one of you clips a food truck, ruining your perfect record. Yup. Now, you would think your Insurance Company<\/a> would cut you some slack, right . No. Your insurance rates go through the roof. Your perfect record doesnt get you anything. Anything. Perfect for drivers with accident forgiveness, Liberty Mutual<\/a> wont raise your rates due to your first accident. And if you do have an accident, our claim centers are available to assist you 24 7. For a free quote, call Liberty Mutual<\/a> at switch to Liberty Mutual<\/a> and you could save up to 509 call today at see Car Insurance<\/a> in a whole new light. Liberty mutual insurance. Charles new video two suspected drug scalars scaling offense at the arizona border, a film crew caught it all on tape, it is shining a light on the immigration debate and donald trump is tweeting this. For the first time in american history, americas Border Patrol<\/a> agents have issued a president ial primary endorsement, me, thank you. Tonight on foxbusiness, the first of its kind, john stossel moderating a president ial forum for libertarian candidates. Here is a piece. Suppose none of you exist, you have a choice between voting for trump or clinton. I would choose the nonexistent. [applause] i dont vote for people i dont believe in. You are asking me to choose between the case of the measles had a bladder infection. I cant answer that. I would vote for the libertarian candidate. I would vote for a thirdparty candidate. Charles that is tonight at 9 00 eastern. First libertarian candidate gary johnson on why he said libertarians are the best alternative for republicans. Thanks for coming on the show. Great to be with you. Charles i was talking to john stossel about this sort of movement, Libertarian Movement<\/a> in america that is unrecognized. I find more and more people who believe in the things you believe in but dont call themselves or wont admit they are libertarians. Have you seen that . The majority of people in this country are libertarian, they just dont know it. Fiscally conservative, socially liberal, definition of a classic liberal, that is the category most americans fall in. Charles you got the forum, the president ial candidates, what do you hope to achieve tonight . The recognition that in my particular case i hope to be the libertarian nominee. Important to point out the Libertarian Party<\/a> is the thirdparty, they will be in the ballot on all 50 states, no one else will be able to do that so the libertarian nominee will be on the ballot in all 50 states. Balance the federal government, government is too big, tries to accomplish too much and there is ineffective doing it and couple that with it is important, individual freedom and liberty is what this country is all about. I think the future of economics is uber accountants, lawyer, eliminate the middleman, direct payments for goods and services to the newly empowered entrepreneur. Charles Hillary Clinton<\/a> calls that the gig economy, not in a flattering manner. Democrats and progressives think those things are destroying the economy, providing goods, making good jobs, cheaper jobs, undermining the economy, what do you say . That has always been a democrat mantra, control economy, crony capitalism, republicans are supposed to stand up against that but i dont know if they do much better. They both spend money, both parties have contributed to bigger government. If you want Smaller Government<\/a> it is the libertarian that will deliver on that. I was governor of new mexico for two terms, really made a difference in a state that was 2 1 democrat vetoing legislation. I may have vetoed more legislation than the other 49 governors in the country combined, i got reelected by a bigger margin second time then the first time. People recognize good stewardship of tax dollars. Charles where does the party stand on contributions, takes a lot of money to win the white house. Obviously you would take it from small donors but would you take it from big business as well . Absolutely. There should be unlimited contribution but it should be numb 100 transparent. The problem with these superpacks super pacss they are nontransparent. Candidates should have to wear jackets much like nascar drivers with sponsorship being the biggest logo. Charles some candidates would have to get those oldschool tuxedos with the long tails. Some got more donations than others. You mentioned the Libertarian Party<\/a> being at all 50 states on the ballot. There has been talk of a division in the gop where the establishment or someone else goes in and hijacks the Libertarian Party<\/a>, becomes that candidate to be the alternative. Would you allow that to happen . It would be wonderful to have someone try to do that because they would have their head handed to them. They are libertarians, i dont think there is a libertarian out there, the libertarian out there is me, that i am actually a libertarian, you talk about business business incentive, lets have a zero Corporate Tax<\/a> rate, that would create tens of millions of jobs. Charles why have the small window in 10 repatriation, go to zero, watch the jobs grow, do it. I am with you on that. Good luck tonight. A lot of people are going to watch. I love the idea and it will be a great success. You dont want to miss it at home. Libertarian president ial forum at 9 00 pm eastern right here on fbn. Tesla getting a jolt, but how long will it last . We are on it next. You cant predict the market. 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. Put under a microscope, we can see all the bacteria that still exists. Polidents unique micro clean formula works in just 3 minutes, killing 99. 99 of odor causing bacteria. For a cleaner, fresher, brighter denture every day. From icy ocean waters. To your kitchen counter. On. Pure. Pristine. Each one its own delicious arctic prize. When you cook with incredible ingredients. You make incredible meals. Fresh ingredients. Stepbysteprecipes. Delivered to your door. Get your first two meals free blueapron. Com cook. [martha and mildred are good to. Go. Heres your invoice, ladies. A few stops later, and it looks like big ollie is on the mend. It might not seem that glamorous having an old pickup truck for an office. Or filling your days looking down the south end of a heifer, but. I wouldnt have it any other way. Look at that, i had my best month ever. And earned a shiny new office upgrade. I run on quickbooks. Thats how i own it. Charles time flies. Apple was founded 40 years ago today. Look at this. Shares up 25,000 . A lot of those gains happened and jobs returned to the company in 1998. Something neil cavuto covered closely at the time. Neil was that your Mission Statement<\/a> . Our Mission Statement<\/a> is to make some Great Computers<\/a> that can make a difference to people. You can take an eyemac home and be cruising the internet in 10 minutes. Try that on a pc you are talking an hour. Charles can you believe that . From a garage to one of the widest held and most successful histories in the history of mankind, company trying to duplicate that, tesla having a pretty good day, stock hanging in with news of their model 3 electric car, elon musk tweeting they are at 180 million, is there really going to be an appetite for electric cars . We know these other ones and these other things were doa, tesla has the cool factor but will it be enough . Dagen it is enough right now. These are reservations, 1,000 fully refundable deposit. Tesla only sold numb 100,000 cars total and they have 180,000 reservations in a day. It is pretty incredible. Some of this, people who line up for the latest phone. Charles some people were camping out. Dagen you can put in reservations online. You dont have to go to the store. I was checking that out online. To make comparisons, last year total, there were 160,000 electric vehicles, the high end tesla sedan and the suv, these are mobile computers and anyone who has been in one is blown away by how well it drives, how fast it is, how supercool it is, this is the halo effect. Charles the price point. Dagen 35,000 roughly. The interesting thing about all that demand, this car is not coming out until late next year. You are giving 1,000 interestfree loan for a year and a half or two years to tesla if you get your money back. There is a federal tax credit up to 7500 on these vehicles but it starts to phase out once the company has sold 250,000 cars. Once tesla hits that mark you wont get the full tax credit. If you get one of the early ones delivered charles some states like california you get an additional one. A lot of rich people buy these cars and they are getting all the tax breaks. Dagen that is true. If this thing is as cool as the fancy sedan i dont know how they make money on it at 35,000 a year. Before the stock has been extraordinary. Some people say it is ultimately about the battery. Dagen and the factory they built but it is a mobile computer. I think this is revolutionary. The tesla car not much. Before have you been in one . Dagen i have been in one but never driven one. If you drive a fast car you get busted going over 100, youre in jail, that is a problem. Did you know that . Charles i am a slow dude, i drive slow. The next president , bill clinton flaunting wall street job losses, really proud of this. Is that a smart move . You can fly across welcome town in minutes16, or across the globe in under an hour. Whole communities are living on mars and solar satellites provide earth with unlimited clean power. In less than a century, boeing took the world from seaplanes to space planes, across the universe and beyond. And if you thought that was amazing, you just wait. Charles Hillary Hillary<\/a> says look, i know my opponent says wall street is the only problem but that is not true. There are somewhere between 50 and 70,000 fewer people working on wall street today than there were before the crash because of the banks had failed because of the the bill president obama signed and next to the health care bill, the doddfrank bill. Charles president clinton all but touting wall street job losses yet wall street money is not only fueling much of the campaign and Clinton Foundation<\/a> and all this stuff. Charlie gasparino, on clintons hitting bankers. What is the heck going on . Is that biting hand that feed you . I never heard someone in Public Office<\/a> tout higher unemployment like bill clinton. That is absurd statement. Here is where it was really absurd. I had dinner last night with wall street guys. These cuts among the big banks are coming apparently to the end of the year. Every binge big bank and private equity firm and wall street banks will be cutting staff. This staff is hitting some of the biggest liberal governments in the country. Im wonder if comrade de blasio is happy about those job cuts going on wall street, mayor of new york city, as president , former president clinton . I wonder if andrew cuomo is celebrating all those job cuts which is going to hurt the new york state economy . I wonder what he has to say to bill clinton . It looks like charles put it this way, senator Hillary Clinton<\/a> would not have been happy with those job cuts . She would be going nuts that her husband is touting job cuts in her book yard. Charles just tells us though where the democrats are because if Bernie Sanders<\/a> is running hard against wall street, he has got her pinned down. The speeches, the six figure speeches he is shoe giving. Here is what i would tell you when i talk to a lot of pretty sophisticated Republican Voters<\/a>, they are freaked out by donald trump. Everything coming out of his mouth. Every now and then they think they can vote for Hillary Clinton<\/a> and they know that the Democratic Party<\/a> has been hijacked by socialists. Bill clinton, brought most moderate liberalism to the new Democratic Party<\/a> touting wall street job cuts. Charles maybe but not by choice but Newt Gingrich<\/a> one the more moderate democratic politicians for him to be doubting not just class warfare, but touting unemployment for people that give money to liberal states that Democratic Party<\/a> plank will look like politburo plank. Charles he is backing hillary, saying all this stuff is rhetoric for consumption of the voting public. He knows that she will not dot any of this stuff but heres the problem that john and, listen i know people that think that way too but heres the problem that they face. What will be the platform of the Democratic Party<\/a> . You know, you run on a platform. There are certain things you have to do to sty in office if you want to be a democrat. She will have to govern left because the Democratic Party<\/a> is left. Charles left of where obama is, she has to push it out even more . I think so. As bad as president obama has been on business calling them fat cats, did he ever run around saying yeah, great, wall street guys are out of work . That screws new york city and new york state, two of the biggest liberal governments in the world. Go, go, keep laying them off. I dont remember president obama ever going that far left. Charles yee. Think about it this way, the Democratic Party<\/a> has brought bill clinton further left than president obama. Charles well, maybe Bernie Sanders<\/a> and Elizabeth Warren<\/a> have brought them further left. That is the charles theyre in a dog fight. Theyre in a dogfight. You know what it means to be a new democrat now . To be almost a communist. Charles almost. I think it means to be a communist. Okay. Charles thanks a lot, charlie. Meanwhile are taxpayers losing out from the General Motors<\/a> bailout . Liz macdonald reports, how General Motors<\/a> theyre still benefiting. Liz . Reporter good to be with you, charles. Democrats have been railing against tax breaks for companies, everybody has to pay fair share. Talking a lot about crony capitalism with Companies Including<\/a> oil companies. You know what flies under the radar screen is gm and its very rich bailout that cost taxpayers more money than previously thought. Lets show according to gms filings, what it paid to the United States<\/a>. Five Million Dollars<\/a> in u. S. Federal tax bill versus 908 million bucks to china. Gm does not dispute any of these figures. When you factor all in, state and local, effective tax bill was zero. Bailout estimated costing 75 billion. Why . Because tucked into the bailout was a sweetheart tax break deal where gm got to deduct against future profits, up to 45. 4 billion. So that really lowers its tax bill. So we ran all these numbers by gm. Gm doesnt dispute any of it. It does say that it has protected or saved or created 26,950 jobs. Well, charles, if you use either of the bailout figures, 51 billion was the initial one. Now could be 75 billion. That is range of cost of 1. 9 million to 2. 7 million per job. The other thing too, charles, you know, china is seeing a lot of gm business. Gm is outsourcing its new Vehicle Development<\/a> to china. Also it is becoming the global export hub for gm over there in china. And gm for the very first time in the history of United States<\/a> could be the first u. S. Automaker to import back into the u. S. A chinesemade vehicle made in china, buick envision. That could be coming later this year. All of this flying under the radar screen as case of crony capitalism. No one talking about it on the campaign trail. Back to you, charles. Charles some turn around and brag about it. Were told bailout work and theyre great and look out for new ones pretty soon. Thanks a lot, liz. Appreciate. Reporter sure. Charles looking to go nuclear, ben stein says the solution is clear. Wait until you hear from ben himself. It is going to be classic. Every day you read headlines about businesses being hacked and intellectual property being stolen. That is cybercrime and it affects each and every one of us. Microsoft created the digital crimes unit to fight cybercrime. We use the microsoft cloud to visualize information so we can track down the criminals. When it comes to the cloud, trust and security are paramount. Were building what we learn back into the cloud to make people and organizations safer. Reporter good afternoon from the new york stock exchange, im lori rothman with your fox business brief. Stocks are rallying but Airline Stocks<\/a> are not taking part today. Deutsche bank came out this morning and downgraded the group, citing a slowdown in corporate profits, perhaps leading to weaker demand for business travel. Look at that, delta off 3 1 2 points. United continental down 5 1 2 . At the moment if you did still want to buy Airline Stocks<\/a> analysts at Deutsche Bank<\/a> say buy domestic carriers that benefit from Leisure Travel<\/a> because Consumer Spending<\/a> happens to be holding up. Names like southwest, jetblue and spirit airlines. All right lets take a quick look at shares of chipolte mexican grill. The stocks victim of a downgrade from goldman sachs, cutting to a neutral. Cut the price target to 500 from 550. Stemming from ongoing food safety concerns. Much more coast to coast after a quick break. Charles leaders meeting to discuss ways to stop Nuclear Threats<\/a> just as north koreas flexing its muscle missile. Missile muscle. Peter barnes with more details. Peter . Reporter hey, charles. North korea getting attention from World Leaders<\/a> gathered here for the Nuclear Security<\/a> summit. North korea firing yet more missiles into the china sea there. The president meeting yesterday with leaders of japan and south korea as well as chinese president xi. China is the nation with the most leverage over north korea and in a statement the white house said, quote, both leaders committed to strengthen coordination and addressing the shared threat presented by north koreas pursuit of Nuclear Weapons<\/a> and Ballistic Missile<\/a> systems. This morning on the agenda the president was meeting with xi and other leaders on the iran nuclear deal. The president saying it is working to limit Irans Nuclear<\/a> ambitions, even as iran continues to test its Ballistic Missile<\/a>s. Exempt for limited exceptions, the u. S. Trade embargo on iran remains in place. We also continue to vigorously enforce sanctions pertaining to irans support for terrorism, human rights, abuses and Ballistic Missile<\/a> programs. Thats u. S. Policy. Reporter and the administration continues to remind us over and over again that the nuclear, the iran deal covers only Irans Nuclear<\/a> programs, not its Missile Systems<\/a> that are independent of nuclear, its Nuclear Program<\/a> and that it says, is policed separately by the United Nations<\/a> t has gone with some of our allies, the u. S. Has gone to the United Nations<\/a>, charles, to ask the u. N. To consider additional responses to Irans Nuclear<\/a> tests, excuse me, missile tests, which could include additional sanctions. Charles . Charles peter barnes, thank you very much. Well, can anything really be done to stop a Nuclear North Korea<\/a> . Ben stein, he says he has a clear solution. Ben . Ben . Yes . Im waiting for you. Im waiting for you to call on me. Im waiting, im standing here in the middle of the desert like a griz i willed old prospector waiting for you to call on me. Charles youre like the wise man who will come down from the mountain to tell us how we deal with this crazy maniac . Im going to tell you. Believe me im going to tell you. Im going to tell you. Im going to tell you. Charles how do we stop them i guess they are already nuclear. We build, we build an antiBallistic Missile<\/a> system such as reagan proposeds many, many years ago. We have the technical ability to do it. We have the money to do it. Why on earth are we not doing it . There is no reason on earth not to do it. There is just nothing at all stopping us except old, outmoded idealogical bs from the left saying that it will be warprovoking to build an antiBallistic Missile<\/a> shield. We have got to do that. It is a war crime not to protect our country from this maniac with his Nuclear Missile<\/a>s. Charles ben, what about our allies . That might be great, we cover california, hawaii. What do we do about japan, south korea . We cover them too. We dont want testimony to have their own Nuclear Missile<\/a>s. I was, when i was born, the war against japan was still going on. And we dont want japanese to even think of starting another one which they would never do, they are our great pals we love them. South korea are our great pals. Among the most wonderful people in the world but there is no reason not to have a Nuclear Missile<\/a> shield. We have the technology. Why dont we do it . Mr. Obama backed off from doing it. The only president who had full force doing it, mr. Reagan. There was a little bit of followup from bush 41. A little bit more follow up from bush 43. There has to be a nuclear shield. Why dont we do it . Why would we let this madman run loose with Nuclear Missile<\/a>s he, we could solve the problem writing a few checks . It doesnt make any sense. Nothing more urgent on the National Agenda<\/a> than having a Nuclear Defense<\/a> shield for this country. We have a crazy person there in north korea with Nuclear Weapons<\/a>. Why dont we defend ourselves against it . There is no reason . Charles i remember back when Ronald Reagan<\/a> started talking about this, the media went crazy. They said, its dumb, it is star wars, it doesnt make sense. And it worked. And it worked. Charles yeah. That is amazing thing. Like trying to hit a bullet with another bullet and made it work over and over again. Now we are a country with very roughly is 8 trillion in gdp. Would take miniscule pennys to build a Nuclear Defense<\/a> for this country. Talking about life or death for the United States<\/a> of america. Life and death for the whole world. Why cant we spend on it . Why cant mr. Obama use his vaunted leadership skills to get congress to go along which i think they would do, get allies to go along. If allies dont want to go along, screw them. If they want to be incinerated by the North Koreans<\/a> that is their problem. We have to defend the United States<\/a> of america and western pacific as well as we possibly can. We can do it. We have the technology to do it. Charles your sense of urgency is there. Kim jongun saying very, very, very urgent. Charles it is so urgent unbelievable. If adolf hitler said i will not raid poll land if you put in tanks and stop me. We wouldnt have had world war ii. Why cant the u. S. Step up to the plate and do the smart thing . Charles im with you, ben. Go inside and get air conditioning. I will see you in couple hours. I am ready. I am ready. Charles thank you very much. So does donald trump have a women problem . Wisconsin native greta van susteren, she is going to weigh in on that next. You both have a perfect driving record. Perfect. No tickets. No accidents. That is until one of you clips a food truck, ruining your perfect record. Yup. Now, you would think your Insurance Company<\/a> would cut you some slack, right . No. Your insurance rates go through the roof. Your perfect record doesnt get you anything. Anything. Perfect for drivers with accident forgiveness, Liberty Mutual<\/a> wont raise your rates due to your first accident. And if you do have an accident, our claim centers are available to assist you 24 7. For a free quote, call Liberty Mutual<\/a> at switch to Liberty Mutual<\/a> and you could save up to 509 call today at see Car Insurance<\/a> in a whole new light. Liberty mutual insurance. Charles back to wisconsin, the big question, donald trump, does he have a problem with women . In our new fox business poll ted cruz hold as commanding lead over trump when it comes to voters in the badger state. Greta is hosting a town hall this sunday night at 8 00 p. M. On fox news. The wisconsin native joins me now. All right, greta, even before this week there was talk of donald trump having a problem with women voters. I dont think it got any better. What do you think it goes from here . Where do you see . Obviously the poll says ted cruz is fared by women 19 points over donald trump and that is a commanding lead. So the polls are what the polls are. Now are they to be believed . I used to be a big believer in polls until eric cantor had the poll had him had commanding lead over his opponent, and he lost in 2008 i used to predict who will be nominees and president clinton got beaten by president obama, then senator obama. If you look at polls there is no question about it, 19 lead by ted cruz but you know im going to wait until tuesday night to see how women did vote. Charles so having said that, did trump, Trump Campaign<\/a> shouldnt make any sort of overtures or at least solidify or at least jumpstart if you will his Approval Rating<\/a> amongst women or kind of let it go where it is . Oh, i think every candidate should be trying to get as many votes as he or she can. Obviously with those kind of numbers, donald trump has a lot of work to do based on that poll. I wouldnt ignore any opportunity to get any voter, in any demographic. So, yes, he should do what he can. Now what can he do . It is now friday and the vote is tuesday in wisconsin. I know. That is up for the campaign to do. Charles i was looking at a poll and they talked about the tweet with heidi cruzss wife, again its a poll, 6of them thought 67 of them thought it was inappropriate. This is group he can bring in and get on board because these are side issues. Become something of a circus and dominated headlines but i dont know if i call them a side issue. If this is an issue really matters to you, and if this is an issue when a woman goes into polling booth and think he is going to be unfair to women, that will hurt him in the polling booth. I dont think necessarily these are quote, side issues. I think they are important issues. Charles so then having said, do you think it is time you will have him on the town hall, do you ask if time to use the olive branch particularly when it comes to women voters . Policy might not be out of the question. What is the answer . Heres the problem, you know, at this point essentially on each of the primary, what is the olive branch . Exactly what is that . I dont know. Charles listening to hide did i retweet, the photograph thing, he seems like he is coming around but just wont come out to say it was actual mistake and i apologize. If youre expecting apology out of any politician at anytime, charles, i hope youre not holding your breath. This is a lot of problem with politicians, they make mistakes and reluctant to make a mistake. I think donald trump said about six months, he doesnt apologize. Charles i got you. I wonder if it is somewhere in his quiver. Ive been waiting seven years for president obama to have mea culpa. I want to switch for a moment to Hillary Clinton<\/a>, even though she wont be at this particular town hall, this email scandal, i dont think it will go away. You have to wonder if fbi brings her in for interview and gets worse from there. She is viable candidate if the Democratic Party<\/a> wants her. She will remain viable. Im a former criminal defense lawyer. I dont know what is in the emails. I only know what i read in the newspaper and only know what Everything Else<\/a> does, as a former criminal defense attorney if he was my client i would be worried. I was always worried for all clients. Not a good sign to have your client interviewed by the fbi. That is the career defense lawyer fearful based on what you know on outside. Charles 9 00 p. M. Sunday. Greta, well be watching. Thanks a report. Thank you. eeeeohmumohweh hush my darling. dont fear my darling. the lion sleeps tonight. hush my darling. man snoring dont fear my darling. the lion sleeps tonight. woman snoring take the roar out of snore. Yet another innovation only at a sleep number store. Charles looking at the big board, nice rally. Well tell you what it all means tonight. Making money tonight. Neil, he will be back on monday. Right now i leave you in the great lands of trish regan. It is all yours. Trish thank you very much, charles. Breaking, u. S. Border patrol overwhelmed amid fresh evidence of suspected mexican drug traffickers trying to get into our country. A theme donald trump has been hitting over and over again. Will it resonate with wisconsin voters just four days before their all important primary . Im trish regan, welcome, everyone to the teleexpense report. This just in intelligence report. Shocking video of mexican drug dealers scaling our border fence. You see the criminals, scurrying back over the border, they know theyre being filmed. These guys are drug dealers. They could have been weaponcarrying isis jihadists. 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