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He can. He doesnt need quite a billion dollars. He needs to reinforce his ground game. Thats been his biggest weakness. As far as spending a bunch of money on political ads he can do that inexpensively and expect those to go viral. And at the same time the New York Times estimates 2 million in free media coverage. And hell continue do so. Hes been the most masterful president ial candidate weve seen at that. That doesnt replace a traditional president ial Campaign Fundraising but it is certainly enough that he doesnt need to raise a billion dollars. And that 2 billion is probably higher because that report came out not too longing. It will be 5 million by november. I dont want to start off by arguing with kennedy. Actually i kind do. Well you guys are both wearing pink. Im just going to point out she kind of contradicted herself. You cannot have a ground game without spending money. But he doesnt need the money he can focus on the ground game and not on political ads. I didnt say he didnt need money charlie. Use your listening ears. Probably needs a lot of money. What is a lot . I think he needs 500 million. Which is half of what Hillary Clinton said shes going to raise. It is still very difficult for him to do it. And yes donald is masterful at using free media. But when you are in a president ial contest it is not like it is spread among 17 losers. Hillary will get her fair share gary . No longer is donald trump running against republicans. Hes rubbing against the media darling Hillary Clinton. The media is going to go after him left and right. They are going to start blaming him for the chicago fire and San Francisco earthquake. Hes going to have to spend a billion if she spends a billion. Go back to 08. Johnny mccain made the mistake of not spending nearly as much as barack obama. Barack obama spend. He lost by a big margin. You have to go after it in a big way. John mccain is not quite donald. Hes not quite donald. There are differences, no doubt. But adam coming into this election cycle they said they might neat as much 1. 5 billion. It might be better for donald trump to overshoot than to mitigate how much hell need in this things. The reason were having this conversation is the experts have been wrong about so much for so long in this election cycle. That said i think number one he will need as much money as possible. I agree with you charles. And i agree with kennedy. Hes going need more than he says he needs. Number two, what he havent said yet is his famous free media exposure. It is not going to be as good as its been for the past six months. [inaudible] pay money for the stuff he wants. Hold on one second. So you are admitting to o paint what gary said. A lot of people saying they gave him the free media to set him up and now trying to hit him with the hammer. Im saying it differently. Hes been largely given a free ride because hes such good copy. As with all candidates it is going to get a lot harsher going ford. Exactly whats going on right now. If you look, everybody knew that donald trump stiffed creditors and people that did stuff, you know, worked on his these arent top creditors. Who are you talking about now . Everybody snu. Read the New York Times and the usa today. Youre saying old stories everybody knew that now all of a sudden im reading after he won. One second guy which i think is very important charles and that is donald trump doesnt have to have necessarily super packs services him. He could have super pacs so antihillary they are going to throw in as much money as they can to defeat her. Not necessarily to elect limb. And he can benefit from that. And that is how rich people stay rich. No one knows this is a problem with his infrastructure. No one knows which super pacs to give to. I want to bring this up to the audience please. So far hillary has raised about 300 million and donald trump has raised only 62 million. Obviously way way behind, gary. How does he step this up . Because to charlies point a lot of billionaires are frustrated. They have the check written and dont know where to send it. And now there is talk of trying to persuade smaller donors. Hes going to need the big boys too. And there is no coincidence they had a big meeting with big donors. 60 to 80 of them the last couple of days and that is going to continue. Bottom line, you said the numbers right there charles. That is going to be meaningful. Weve seen the precedent in the past. Those who spend the most and are the most aggressive have a leg up and hes way behind. [ inaudible ]. Arguably every other commercial is a ripping of donald trump right. Now hes got to get on top of this. Kennedy brought this up. The negative ads didnt hurt him in the primary. And i get it. Even mark cuban tweeted this week that donald trump has to raise the money that needs the big time money. There is a tweet right there. Take look at this and ill come back to you kennedy. Because donald trump do himself any favors by lessening, saying hey this is it is no big deal and maybe not getting the doerngss ultimate hi he should get . The one thing hes been true his word on has been his flexible andabili ability to be nimble and change haze tone. Change i his mine. There is so much overlap with he and Bernie Sanders that he has the same kind of passionate supports are and they will give those small donations. Conventional wisdom you are right on him being late on the infrastructure but hes got the people around him. The 62 number i wonder if you are including the number he lent his campaign. That is one thing. The other thing is the infrastructure is key. While Bernie Sanders is already out there, Hillary Clinton, barack obama was already out there from the beginning getting small donations. Getting started in the eighth inning. I want to focus more on the idea that donald trump was actually able to use not having a lot of money to his political advantage. Imagine this. He gave that speech on friday. He mentioned Hillary Clinton being in a pocket of wall street. Bernie sanders talked about Hillary Clinton being in a pocket of wall street. He could actually turn this upside down. Hillary could have a billion dollars and it becomes a political liability. As the valid hypothesis, but the fact is hes run an amateurish campaign so far, brilliantly. And the question is can he continue to van amateurish campaign and win the general . I think the answer is no. Im not saying i flow the answer because everyones been wrong. You can only go by whats going on now. The polls are moving against him now. The very tight and very early. Heres the thing though. You talked the fact that donald trump is very nimble. Hes got people in his camp like paul manefort. These guys understand you need the cash. Behind the curtain they are working hard to cobble together everything they need to get the money ramped up. And alsoy why you are heari a change in tone. The speech on friday and tuesday night, all shifts in tone. And maybe it is momentary. But the point is hes able to do it. Hes got a team out there who they are trying to allay the fears of those big donors. Those people are more important to him per separately than paul ryan andceptually than paul ryan and donald trump needs to realize the shape of things to come. The lead story was he didnt pay bills in 1947 and i expect a lot more of that in a big way. It was a lot later than that just to be clear. I think he [ inaudible ]. Sarcasm there. But you made the point there gary and charlie as well, that listen, a lot of things that may be old news are going to be headlines from here on out and hes going to have to find a way to count they are and it is going to take some cash. And you need an infrastructure. And i talked to his guys and i know their meeting and i know all of these guys. Get them when they dont have the microphone in their face. They are telling me it is a huge uphill battle to be starting in. It is not quite the eighth inning. But like the six and a half inning. It is tough. Walmartn chicago blocki inin checkout aisles and they want the retailer to cover their bills. Today on forbes on fox donald trump gearing up for a major attack speech on Hillary Clintons legal troubles and sh0 otherwise eligible voters. Im Elizabeth Prann in washington and now back to cavuto on business biz. Protesters blocking checkout lanes at the walmart in chicago getting arrested. Pushing for a local law that would force local companies to raise wages and if not pay a fee to help Fund Healthcare and other Public Services they use. But gary you say this would hurt and not help. If you continue to pile on business owners, they are going react. You cant tell people costs are going up without any commensurate productivity gain. They are going let go of people. And here is the shame. Somebody who will let hired at a lower wage will not get hired at the higher wage if they dont have the talent and all you do is end up screwing the people trying to get employed. What i hear is 16 billion in profits is a lot of money. And that walmart can afford this and they have an obligation to do. Fair to say Corporate Finance probably isnt their strong suit. They dont have any context for that 16 billion. That said employers, whether it is a mcdonalds franchise. Sounds like you are on the side of walmart. Walmart is one of the few places families can go and actually find a bargain. And it is so easy to demonize Companies Like walmart and such a tired old song. This is a big push by public unions and all they want do and all these fight for 15 rallies are all about. This entire movement is set up by authoritarian unions who want total control over corporations and corporations are not apgs in this. You go into business to make money. Exactly. It is not charity. Largest employer in america. That is a giant honey pot for if unions and everybody else. And what adam said which i think is key. Inflation. That hurts families even more. Inflation really destroys poor people. As the working class kid and i remember the 1970s when you couldnt afford meat because inflation was going through the roof and you couldnt afford anything in the 70s. Couldnt afford gasoline. And that effects not just coverage people. It effects working class and poor people. And who who pays for these protesters do they make minimum wage . Protesters. Think they do hire protesters a the minimum wage but it is seiu or whoever those guys are. And this is something you can pass prices on. Im not sure were in an environment where people who shop at walmart could actually afford to pay higher prices. And amazing thing. Walmart is the greatest job creating machine in history. And single handedly lowered the raid of inflation on how they handle their products. They are very big about with suppliers and costs and things and these people just want to screw with them. When walmart open there are like a thousand people lined up for jobs yet these people are out there ripping on them for if gre greatness. And im glad walmart shaz stood their ground. Hopefully that continues. Even with these mcdonalds protest t same sort of thing. Always the outside agitators. You dont really see a lot of people from the local communities or even the employees out there complaining. Yeah. Great point. This is politics. I wouldnt be shocked by it. You dont go after sams market. You go after walmart. You go after mcdonalds. They are not the only ones. Ive been on strike lines. My old man worked he was one of the workers that would strike. These arent workers striking demanding better wages. These are outside agitatoragita. They have gotten more sophisticated. Outside political interests. Not the workers themselves. They are a bunch of quasicommunists. Seiu workers who get paid more than minimum wage. Adam the last word. On you. Were not so far apart except to say that Union Employees have paid their dues to fund that. Im not saying i like it charlie but not everything is the little micro protest. All right guys. Norma ray was striking because she hate where had she was workal the people that work at walmart like where they are working and. Completely dismiss the facts their the fact they are the largest produce over organic produce in the world. Exclamation for you. When school lets out teens go out and work on their tans apparently. More teenagers are saying no to work this summer. Whos fault is that kennedy . X÷x÷ okay, ready . Whoa [ explosion ] nothing should get in the way of the things you love. Get americas fastest internet. Only from xfinity. Christina grimmie test. Out of school and out of work. A new report finding fewer teens getting summer jobs. And some say its because the job market is shrinking for teenager, but charlie says its because theyre slackers. These arent even my len yals. Theyre generally lazy, no good, dirty rotten kids, but these are entitled, even younger, so more lazy than ever before. But there is a silver lining. There will be more jobs for others and they might have to boost the minimum wage. The economy isnt great. Theyre adults who are sort of fretting about this. What do you think . Is is is it because kids dont want to work or a combination of both . Theres a number of factors. If you look at places where there are minimum wage laws, teenagers and minorities are the last ones to get those jobs and when you see more of those laws passed in the country, younger people are going to suffer and traditional jobs arent growing. The southern camps and other positions teens have taken in the past. Theyre not all lazy slackers. Most of them are. 47 . Unless theyre doing educational programs, volunteeringing, trying to boost their college resume. And some are playing rid games. I gott a summer job every year. I found a way to help, some of these kids dont have to do that. Ill tell you, charles, im worried. When i see thousands of these teens at these Bernie Sanders rallies and hes selling a clear lack of were going to give you, dont worry about anything else. That the trend has been down for quite a while. The two words, rugged individualism, learning, educating from top to bottom, whether youre 15 or 16. I started working at the age of 14 for basically nothing. Also blame helicopter parents. They have created this environment and kids want to be parented from the time theyre teenagers and by the number, once they leave home and then move back in with their parents were going to blame you. Instead of rugged individualism, just individual ism. I dont think theres any big political factors at play here. Helicoptering might be part of it. I dont know why these tangers dont want to work. No ones going to buy them, theyre not old enough to buy beer, but no ones going to give them beer or ice cream money. Zpl we should be worried theyre not motivated. Sure. Im worried, but i dont blame Bernie Sanders or donald trump for that matter. I dont know who to blame. Thanks to kennedy and charlie. They almost got along today. Little rough out the gate, but pretty good. Thanks a lot. Credit card debt set to hit p . P . H stocks the help make you debt free. Here again. Cisco, the food company, not the technology company. Defensive issues working well. I think 20 in the next year. Wow. Pretty big. Small cap growth index. These Growth Companies dont have a will the of debt, so if thats how you want to play it, theyre a good one. Does it pay a dividend . No, very little. Hey, fantastic. Really appreciate it at home. Res dave. Turn the state department into her private hedge fund. The russians, the saudis, the chinese. All gave money to bill and hillary and got favorable treatment in return. Donald trump who set up a fake university, Trump University, that committed froud on people. What a race. Donald trump promising to give a huge speech in just two day, zeroing in on clinton scandals while shes pounding him over his Trump University lawsuit, but with voters saying the economy is their number one issue, do they really care about the

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