Transcripts For FBC Risk And Reward With Deidre Bolton 20170

Transcripts For FBC Risk And Reward With Deidre Bolton 20170717

Liz that was the head of nations biggest bank, Jp Morgan Chase criticizing the dc swamp. During the Bank Earnings call last friday. But now, main street is joining in on jamie diamonds call. Speaking out saying they are just as frustrated as jamie diamond is with the dc swamp. Welcome to risk and reward im Elizabeth Macdonald in for deirdre bolton. Jamie diamonds not the only one tired of washington, d. C. s hyperpartisan bickering. A new sound of an anguished caller. Hes a working class guy. He called in to a radio station. His call shows how desperate Many Americans are now feeling. And theyre screaming that both dc and the media are ignoring the struggles of everyday people. Listen. Im sick of donald trump stuff, all the trump stuff. I consider myself one of the forgotten men and women. Im worried about job creation. Im worried about tax cuts, more money. Im living paycheck to paycheck. They just cut off my cable bill. Im rubbing two nickels together. My girl cant find a job to help me. Were out here struggling, and these people dont get it. I mean, they really dont get it. I dont have money. I mean, im cutting back on my medicine, my groceries. She cant find a job. Do you feel like the president allen, do you feel like the president is keeping his head down and doing what he promised to do to try to help you and other americans like you . Do you think. If they let him do it and give him a chance. Theyre fighting him every step of the way. We need help out here. Weve been struggling for years under obama, and he had the right message. We voted him in because of that. And we need tax cuts. I need a couple extra dollars in my paycheck every week. We need jobs. Thanks, allen. We need trump, and these liberals, the press and all of this, they need to get off of that and think about us. Put on our boots every day getting up at 4 00 in the morning going to work and trying to provide for our families, and its hard. Liz hear that, washington . Anybody in media land, are you hearing this guy breaking down crying in the middle of a call . Saying hes getting up at 4 00 in the morning to get two nickels to rub together, and he cant even pay for medicine. He cant even support his kids. Lets bring in joe the plumber, the Vice President of Liberty Alliance public relations. Joe, you know the plight of everyday americans. Can you relate to the struggles of that caller . Damn straight, i can. Thats my neighborhood. Those are my neighbors, those are my friends. Ben franklin said well done is better than well said. Fastforward a couple hundred years, actions speak louder than words. Ive been to dc, ive talked to people like paul ryan and mitch mcconnell, and they have no idea what it is to struggle every day to make decisions do i buy my kids shoes or buy them antibiotics . Theres houses up for sale in my neighborhood on a regular basis, constantly turned around. They buy a house, they cant afford it, they get pushed out or they lose their job. This is the real struggle of america. And, you know, all the Mainstream Media can talk about, really, is russia, russia, russia, and maybe a bit of obamacare. But nothing really whats going on. The same thing with the Republican Party. 78 i, paul ryan is doing a lot of statuing, if you will, hes not really making a difference for the american people, the american workers. The guys that actually built this country. That get up every day, put on their workboots just like that guy said, and they work eight, 10, 12, 14 hours a day, and they go home and have little to show for it. Liz i say you put that guy, what he said on a loudspeaker every day and every hallway in washington, d. C. Have it blared out every morning until they get it. Until they understand the struggle of working men and women and the real pain thats out there. And even cnn said she too was fatigued from the trump russia coverage. Lets listen. I hear youre russia fatigued, and i share it. You know, there are a lot of mornings i come in and just pray for other news to eclipse any sort of russia thread. There are always ethical dilemmas that journalists face. Theres going to be what do we leave with and what do we leave without . Any other news. Its about reporting on both. Listen, joe. You would agree, and i think people on mainstream agree. Throw the book at anyone with russia to manipulate the election. I mean, russia wants sanctions listed. The average guy and gal out there, they get it. They get that russia wants the compounds back. They get that russia probably did medal in election. Russias now accused of hacking a dozen Nuclear Power plants here in new york. Thats wrong. Unacceptable. But the guy in mainstream like you, joe, you get that. But you also get what the media is missing. The pain and suffering that theyve been experiencing that lasts 15, 20 years. Go ahead. Well, go back to what you said initially. You know, when we talk about entitlements, congressmen actually are the worse when it comes to entitlements. So you put the loudspeaker on in the hallways, theyll turn a deaf ear to it because these guys are subject to society like nobodys business. When it comes to russia, i dont know to get angry or laugh about it. When Spongebob Squarepants has better ratings than cnn. Is it the Comedy Network without laughs . Its absolutely ridiculous when it comes to russia. On joeforamerica. Com, we just talked about that. Donald trump got rid of 500 employees from the va. Hes trying to make a difference. Did the Mainstream Media talk about that . No. Youre not hearing any of the accomplishments of president donald trump. Theyre just dragging him through the mud and bring up old news that has no difference. And when it comes to russia, it truly was an issue, conservatives would have jumped up already and got somebody out there. Because were about as american as they come. Its the democrats that have colluded with the russians for the longest time, and theres actual facts there that cnn wont report on. You know, hillary was cozied up to putin. Obama. How many lines in the sand did obama draw and actually never did anything . No, its not the republican well, its not president donald trump. Its Mainstream Media and house and senate not doing a damn thing and kicking the can down the road. And something ive said for the last eight years and something that has been said for the last 20 years. Weve actually got to get something done. We have to get a new tax code out there. And as far as obamacare goes, listen, anyone who has built a house knows you have to have a good foundation. The problem is republicans are trying to trim on a bad house that was built on a bad foundation. What we need to do is let the private market take care of health care. Repeal it completely. Dont replace it. Liz i dont think weve ever had joe, weve never had a private market in health care. The governments half in with medicaid and medicare. I dont think the media understands that. How manipulated the Health Care Market is in and of itself. But now, joe, we have the democrat and new York State Attorney Eric Schneiderman threatening to sue the federal government if republicans pass their version of obamacare. Weve got democrat state attorney general really blocking President Trump, including on his refugee pause. What are your thoughts about that . Well, to be honest with you, im okay with him trying to sue over repealing obamacare because quite frankly, the bill that they have right now, i cant get behind it. Like i was just saying. Its new trim slapped on a old building. It doesnt work. It doesnt work for the american people. I pay more. My neighbors pay more, and i get less and less health care. Thats something weve been talking about now for the last three or four years. Your premiums have doubled. Its getting worse every day. Republicans have had eight years to sit there and think about this, and theyre more busy trying to stay their jobs and help the american working man, you know, the bluecollar guy. The road blocks get put in the way, im okay with that until the Republican Party throws their head out of the butt and gives us something that we can work with. Liz joe, we love having you go on the show. Come back soon. Thanks, liz. Liz President Trump trying to fulfill another campaign promise. Hes pushing made in america week by promoting product made here in the u. S. Listen. We will have two simple rules when it comes to rebuilding this country. Buy american and hire american. Buy american and hire american. Buy american and hire american. Liz this as russia dominated Media Coverage this morning. Roll tape. Its not a phony story. Its not a fake scandal. This is very real. What russia is desiring to do, the influence that they would like to have in the United States and on a global stage should matter to americans. Do you know everyone who was in that meeting . Was it six . Was it eight . We now learned that eight people were at the meeting. A significant jump from the four we were told originally were there. The russia investigation could mushroom even more this week. Liz American Candy manufacturer, hes president and ceo joe joins me now. Joe, the white house hosted a maid in america product showcased this afternoon on the south lawn featuring products from all 50 states. What do you think of this new this push this week about made in america . Well, you know, today is supposed to be made in america day. He signed a decree and made it, you know, made in america week and made in america day. And it was great. You know, we were with one representative from each one of the states that were producing products that were made in america and creating american jobs. And i think the you know, his goal is to try to get other companies to realize how important it is to have made in America Manufacturing and companies because he talked about how its a trickle down effect, you know . Every dollar that we pay in wages gets put back into the local communities and so it helps, you know, Grocery Stores and Different Companies that are producing goods for our workers, and its just good for the economy and the community. Liz you were there, joe, i think at this event, and the president says its time to honor the work of Skilled Trades people in america. Do you agree . I agree. You know, i think that we used to have an offshore facility in korea that we brought onshore to reno, nevada in 2008. And, you know, it was really scary to bring jobs back to the u. S. Because it was more expensive, there were more regulation, but weve grown. Weve gone from seven employees to 40. And what i realized is, you know, President Trump is trying to make it easier for us to bring Companies Back onshore. Its very simple to say, you know, we dont care about what happens in trade, but it affects Small Businesses like mine. Liz jamie diamond is ceo of Jp Morgan Chase. Really drilled and went after washington, d. C. And the roadblocks they put in place of businesses across the country. How was business the environment under the Obama Administration compared to now . Well, you know, i think we see some easing of regulations. And im not sure theres a lot thats been done since the beginning of the year because whats happened is we find its a little easier to do business in nevada. Theyre trying to make the mentality of the bureaucracy is starting to ease up a little bit. You know, when we first brought the factory over in 2008, you know, we got in front of a lot of people, and they had a lot of regulations, and we fought, and, you know, we didnt win some, and we won some. Now it seems like these groups of bureaucracy are a little easier to work with. We just expanded our facility into a much larger one, and the bureaucracy was a lot nicer here. We just moved in january. And getting all of the permits were actually a lot easier. Liz what more can the president do to help the nations Small Business owners . You know, i think hes got to somehow reduce taxes on corporations like ours so that we have a little extra money to reinvest into the business, you know . The last number of years have been difficult for many small corporations, and we pay a lot of taxes. I mean, we pay taxes for all of our employees, we pay, you know, business taxes, and all sorts of things that take away from our bottom line. Were a familyrun corporation, and, you know, my employees are like my family. But i can only do so much without having higher basically, i have to make more money. And the government before just seems we were paying more money for health insurance. We were paying more money for regulations, and now it seems to be a little i have hope. Lets put it that way. I think the thing we have now is we have more hope. Liz joe, president there at the candy company. And basically leading wait. Thank you so much for your time. My pleasure. You know, life is sweet. Just remember that. Good point. Thank you for that. Online streaming giant netflix shares jumping more than 10 after reporting really sizable user growth. Its kick starting the he didnt season for the tech world. But watch out. Therthere is a mountain of debt both on and off netflixs balance sheet. Counting about 20 billion worth, basically swamping the cash pile over there. Leaving many on wall street will now ask will netflix have to sell itself to, say, disney or apple . Were following that story for you. Next up, we have british athletic company. The shoe and Clothing Company reebok mocking President Trump telling french president emmanuel macrons wife that she looked fit. Looked pretty good. But the joke backfired on reebok. Weve got that story for you. Also, without any proof whatever, usa today says an oped that pro female golfers playing the lpga at the president s golf course this weekend were too afraid. They were too scared to criticize President Trump. Weve got a guest who says what you know . This is another example of media bias. Ive got more on that after this. Dont go away copd makes it hard to breathe. So to breathe better, i go with anoro. Go your own way copd tries to say, go this way. I say, ill go my own way with anoro. 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New, more Reliable Equipment for your home. And a new culture built around customer service. It all adds up to our most Reliable Network ever. One that keeps you connected to what matters most. Liz british athletic company, its reebok making fun of President Trump for his comments to french president emmanuel macrons wife tweeting quote in case youre wondering when it is appropriate to say youre in such good shape, beautiful, they basically showed it with a yes or no diagram showing that in most situations, this kind of comment to reebok is not appropriate, even if youre president. But it backfired on reebok when twitter users weighed in on it. Our own gregg says what phobe ease you are, reebok. Your entire campaign is based on people dying to be noticed of being in shape. In the meantime, this is how they market their products. They look in good shape. And included these two photos showing sexy models from recent reebok ads. Lets take this to the political power panel. Look whos here, conservative radio host and strategist danielle. Reebok responding saying reebok first came on the scene with womens fitness. Today we are helping change the narrative around women. We saw this as a opportunity as a learning moment. Instead of judging and labeling, lets raise the bar and push each other to being the best version of ourselves. Ectivifying them. The president paid a honest, real comment here the way any person would do. This is what americans love about him, his authenticity, and theyre left looking really, really ridiculous right now. Liz yeah, to ginas point, social media, again, showing even more previous reebok ads showing even more ads with women. I would agree that reebok with the ads they put out there in the world is not the best company to be doing this. I will say in their defense that theyre a company committed to social justice and many other things that are important. Liz sorry about this, danielle, but im about to bring up, gina, remember when reebok rolled out five years or so ago the quote cheat on your girlfriend, not your workout ad campaign in germany. What are your thoughts about that . I guess im just glad and thats why reebok just alienated about 50 of the population. Liz you know, President Trump at the womens lpga golfing tournament at his new jersey golf course this weekend congratulated the winner this morning. This as usa today published a column calling the president a quote controversial host who female golfer

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