Transcripts For FBC Making Money With Charles Payne 20160915

FBC Making Money With Charles Payne September 15, 2016

Look at how much she has slipped right there in the last month. She was up by ten points in early august and now shes up in this particular poll by just three points. This is all within the margin of error of his that we have the horse race right now. And kenny hold kenny hold onto this momentum through november. Lisa let me go to you. No doubt that he has a lot of momentum. We also see johnson and stein also taking away some of that support for hillary as well. Especially with the younger voters. And this is the big . For Hillary Clinton and she can i be able to rebuild that Obama Coalition and not only rebuild it to get those voters to turn out. They turned out the historical margin for present a mob by president obama. If that returned to pre obama levels they would lose florida and would lead in ohio and virginia would be cut in half. I think Hillary Clinton is can have a tough time rebuilding that coalition and also you see that he hes certainly gaining momentum in the polls. They had been released in recent weeks. What do you attribute this to. Is this the new pivot for the most part on message sticking with the teleprompter. Where is it or is it just a series of miscues that she cannot seem to avoid. This is what happens when the focus and doesnt back into a referendum on the system. For a couple of days secretary clinton obviously has had what you call a deplorable week. You see what happens when americans focus once again on what is in front of them. Look at what the poll says to us. Seven and ten are down in government. Between republicans and democrats and the most worrisome sign of all is the young voters in minorities are among those less likely to turn out. But with all of the said we are seen as something pulled out there right now that you might say this is a read on a very good week donald trump in a very bad week for the secretary it could turn on its have again as we head into the wonderful day, september 26 when 90 million americans are likely get to see the first debate between the two. Theres no doubt obviously that they have momentum. Probably a lot of reasons for it. I started to seem like hillary was distancing herself from the email scandal. They were looking pretty good. They did not get a lot of press. The scare crisis and just another mountain for her to climb over in the meantime trump is looking polished and hes really resonating. I think this really comes down to i mean tax plans that dont add up. He offered 4 trilliondollar tax cut. Did she hide it 4. 4 trillion tax cut. That is traditional. Traditionally lower taxes. They want bigger government i dont want to discuss that part im talking about the idea that hillary can clinton has sabotaged her own campaign and they have gotten better and better. Im not petrified but im concerned im feeling great. What i would say is shes have a fantastic effect on this. She definitely have definitely have a bad week. I think it was more of the health stuff than it was that was the deplorable comment because that is in a be a trend going through the rest of it. We had been through this already. We saw where donald trump took the lead. And now it feels like were back to go. The difference of course is just six weeks left. Can everything change with the debate is there still enough up in the air. They both head something to prove. Hillary clinton has been doing this for decades she has had so much Media Training so much prep for interviews. It really should be troublesome to the Democratic Party donald trump benefits from the fact a decent enough job its gonna be a win its good to be more concerning for me to have a candidate who has been doing this for decades and is still doesnt have it. The republicans in the donald trump camp thinking the bar is. It could also be something of a trap as well . No question. Let me offer you this. Having been doing this 37 years and having been with so many candidates behind the curtain. When you are front runner which i think is what Hillary Clinton believes she has been used or to try to play it safe. You try to worry about taking risks and not necessarily bringing in a game every time out. You start to let it all hang out. And i think what Hillary Clinton is can have to try to find by the time we have that first major debate is her sea legs again. No matter how may times many times you run for office and how often youre there you still have in the back of your mind may be ive hit a patch where i may not recover and i can tell you ecologically she starting to secondguess herself right now. That puts even more of an emphasis there. That is a great point. For me it feels like shes been operating on this old playbook. Raise a lot of money. That was her first major mistake. She was arising in the polls. She probably couldve put this thing away. And remember after iowa in 2008 that loss even though she won the next one devastated her in a way that the world saw they saw how visibly she was shake it and did not think she was commander in chief material. But if that comes out in some kind of way that could be the ultimate thing. Donald trump has it. He radiates a picture of strength and had responded to that. If you start this afternoon she took on board exactly what adam was talking about. She doesnt do as well in public as she does in private. She said shes can work on it. Our people going to say 90 we trust Hillary Clinton. I understand completely. She is aware of her problems. And i hope they have gone to her. For the next 54 days or whatever it is. In the last 24 hours there have been a few cases where donald trump has gone off of the teleprompter with the visit to the church yesterday. This is still a chance. Hes been prone to shoot himself as well. He is new to the radio so to speak. This is a little bit different for him. We have seen message discipline from him. They were just released today. The fact that hes been sticking to these nuanced policy speeches. This has become a referendum. Whether it is a Clinton Foundation or the concealment of the pneumonia diagnosis or just a way that Hillary Clinton operates as a candidate about being transparent and truthful. And donald trump need to keep on the track that he has been going. Its having a major impact. Donald trump is enjoying a significant amount of momentum. Thanks a lot guys. We will have more on the specifics and the Overall Economic vision. The big question of course is due those numbers add up. We will break them down for you with some experts next. As a combination of see products. And customers. Every ontime arrival is backed by thousands of od employees,. Who make sure the millions of products we ship arrive without damages. Because od employees treat customer service. Like our most important delivery. Od. Helping the world keep promises. I think you can have low Interest Rates until the end of the year may be no increase at all in the market will stay artificially high and then well had to see what happens after that and ill think they are doing the right job. With all of that being said can you imagine because i cant even take advantage of it im okay. I will say its become in my opinion extremely political. That was donald trump speaking today. While touting his own tax proposal. Maybe even 4 annual growth. If they will rein in Government Spending by cutting one from every Government Program over the next ten years. I want to get right to it with the Economic Panel right now. Let me start with you. Donald trump made some changes from the initial plan that he put out there before understanding that middle many people criticized him for raising the debt how do you like this new version. I usually dont have any problem with the plant thats not revenue mutual. As long as its matched with spending cuts. To the extent that this doesnt do this he doesnt touch entitlement spending at all. I like it better that will only raise the deficit by 4 trillion instead of ten. Hes not kicking as many people out of the tax roll. Role. It is the real problem. President bush did the same thing. And we have very few people paying the income tax they dont really quite care about how high other people are paid income tax. Charles peter, what is your assessment . It doesnt bother me particularly. It calls for all kinds of increased taxes on the middle and upper classes. I was speaking to one of her economist today and they think they could easily have a marginal tax rate of 60 in the discourage people from working. That is incredible. But what we have here are two sets of themes about the direction that tax changes in reform will go. We know we can have lower taxes on business and more incentive for growth. An easier time for the middle class we will have more taxes and more Government Programs and likely slower growth. The overall i like the themes and like the plan. I think we might all agree on the supply side. But when you think your neck and do anything with entitlement perhaps create a new one with childcare and put a lot of money in inner cities even as a supply side and the greatest dream could it be possible to do all that and not see the deficit or the debt to go through the roof. Right now with 19 trillion of debt is unacceptable is not right. Its unacceptable. I do like four for elements of trumps program. I think cutting taxes is gonna stimulate the economy. You make less rich accountants. Expensing our taxes when we go by the piece of equipment they will get people to be more bullish and optimistic. They have 30,000 per employee because the regulations are crazy. Is wonderful. I will throw one thing in there. How would that change any of this if you throw that in there. Love lower taxes and those sort of things. I think if he could actually put that there. If he actually could put in place less regulation it was way better. We are due for a recession. How is the state of our economy. There is no doubt under hillarys plan. On the reform we head in mind theres a chance that it wont be too bad. If you gauge this still think wall street is still a little antsy when it comes to trade. We saw with ford they made it official the ceo came out today and saying at second the cost american jobs. But acknowledging that donald trump has been pressuring them. Trade has to be handled very carefully. They finally get them to bounce it. With regard to china it wouldnt be that disruptive. The currency is so undervalued. The tariff would just basically revalue it. Give to be very careful about how they go about that. Charles at the very least we should be having them pick up the goods at the border. We had run on out of time. We can have a chat all day long. Thank you a lot i appreciate it. You dont want to miss mornings with maria. She will sit down with the republican president ial nominee donald trump himself to talk about the latest poll numbers and of course is Economic Policy at augustana tomorrow morning. We are getting reports that a man outside a of penn station about ten blocks was shot by the nypd after he attacked a Police Officer with a meat cleaver. We are told the Police Officer is in stable condition. A suspect is also in stable condition. For other officers were transported to the hospital to be evaluated we well of course keep you updated with more details. It was inevitable. When will the real and be. Will talk when it next. Its a very specific moment, the launch window. We have to be very precise. If were not ready when the planets are perfectly aligned, thats it. We need really tight temperature controls. Engineering, aerodynamics a split second too long could mean scrapping it all and starting over. Propulsion, Structural Analysis Maple Bourbon caramel. Thats what were working on right now. From design through production, Siemens Technology helps manufacturers meet critical deadlines. I think thisll be our biggest flavor yet. When you only have one shot, you need a whole lot of ingenuity. Siriusxms free listening event thats might be over,ckin. But now you can turn us back on with packages starting at 5. 99 a month, plus fees. Just call 8558747746 to keep hearing all the things that make you love taking the long way home. So call 8558747746 or visit siriusxm. Com getsxm to turn us back on. And up. Upgrade your phone system and learn how you could save at vonage. Com business flooding in venezuela. They are foreshadowing that. 720 inflation rate. Its already suffering extreme poverty. Doubling down on failed policies. The very well rich nation. Its in the ground and it should be here. Red is the new black. Congratulations. We all know that famous quote that you eventually run out of other peoples money that is why this is so frightening. And so relevant for us even here in america. Thats awful. Thats a tragedy. But we have enough problems here. What it means is that this is what happens. And when you are look at what is happening there trying to put in price controls and regulation. But our oil prices have plummeted. We cant do that either. And then you get on rest. We have a political candidate who got 13 million votes. If you look today they said there can a call for a referendum vote. They are sick of the anti capitalist agenda. Its not working for our country. So all we have to do is look around as you know this week i have an intro about the National Debt. One family the National Debt right now when you had millenials when youre drawn to socialism lets talk about this. There was actually a coup where he survived it. I dont think he is as strong. We have seen over the last three years. They are raising the pay of the military Something Like this would happen how do you think this ends up. I dont think the vote that hes talking about i think they will cheat. They have done a lot of security work. All of our clients most of them are european have long moved out. Many of them lost their assets to the government. I have good friends down there. It is disastrous. When we talk about the runway inflation into the packet the panic and the lack of food on top of that the fact that the citizens down there are living in fear because of the rise in crime i cant overestimate or overstate how bad the crime situation is down there. We talk about how its in a sort itself out. It will sort itself out with the violent overthrow and he cant pay that military and Law Enforcement enough money at some point to keep them from turning on her. Charles i think both candidates are making a whole lot of promises no one wants to mess with entitlements. It used to be a scary thing in this country it feels like a lot of people are ignoring that right now. I do worry about the conservatism in this country with respect to debt and where we could ultimately be. We have done a terrible terrible terrible job in this country. They do not make these financial web. You have a job. The fdr is there. You quoted it. Earlier. Churchill says if youve reached 35 conservative you know have a brain. The reality is this if you look at the budget of our government and you get rid of all of the humble jumble and make it really simple for people you cannot because of the large proportion is no way for even the best structure in the world to work for america sustainably. If you are american and you are voting whether its this election for president and you dont think they can have that conversation and do something about it you might as will shut the door. Its a strong statement but it is true. The nonsense from both sides that were to pay for a variety of programs you look at 1931 and roosevelt was talking about paying for relief it just builds on the government and the debt. Its like a hundred 25 billion. We stood at some point. I dont want to get to the point where we actually have a debt crisis which i think is where were heading. I really challenged millenials. You are worried about paying your mortgage or trying to get a good paying job and youre not paying attention to the National Debt but we are all can be empowered to running this running this country soon. The National Debt is being left for us. I think its human Nature Network and had to hit that wall i think its human nature no matter what. Thank you all very much. Hillary clinton returning to the campaign trail today and the democratic nominee didnt hold back. She is lost a lot the last couple of weeks. We will discuss it next. What is success . Is it a professor who never stops being a student . Is it a caregiver determined to take care of her own . Or is it a lifetime of work that blazes the path to your passions . Your personal success takes a Financial Partner who values it as much as you do. Learn more at tiaa. Org always has to be who sat your desk . Phone now, with one talk from verizon. Hi, pete. 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