Transcripts For FOXNEWSW Sunday Morning Futures With Maria B

FOXNEWSW Sunday Morning Futures With Maria Bartiromo August 10, 2014

Learn here . And a blow to conservatives groups, a judge hands them a disappointing ruling. What it means for those seeking justice from the tax agency. As we look ahead this morning on sunday morning futures. President a longterm project. But one that must involve a deep commitment from the iraqis themselves. This as the u. S. Conducts a third round of air strikes this morning in the northern iraqi region where isis has been for rising religious minorities. The u. S. Army former vice chief of staff. Hes now chairman of the institute for the study of war and a fox military analyst. Thanks for joining us this morning. Good morning. Good morning, you really were one of the key ark teblgts for the surge in iraq back in twep. Can you characterize these air strikes, how would you assess them. These are defensive air strikes designed to protect our american presence achkd also to protect the refugees on top of mt. Sinjar. We have had three rounds, friday, saturday and sunday, theyre attacking isis positions that would threaten those locations. So theyre very limited, totally defensive in nature. What do you think the future of the u. S. s involvement in this iraqi conflict will be . I think eventually were going to involve and range from defensive air strikes, to offensive air strikes. Right now isis has total freedom of movement. They are attacking six other locations inside iraq and also in syria and lebanon. They have initiative and freedom of movement. To stop that initiative. To start locking them up, to stop them from moving, we would have to change the mission that our commanders have now, which is defensive do offensive air campaign, which would then permit us to engage the command and control or head of iso, the tail of isil which is maneuvers. We would engage all three simultaneously. That said, maria, that would stop them to defeat them and drive them out of iraq, would take ground forces, not our forces. And airpower support it. But i think thats months away. I want to ask you more about that, particularly the defense moving to an offensive position. More on this. How much ground has isis gained in iraq so far. Good morning, everyone. Reports of christians being executed. Children in mosul beheaded, their heads put on a stick in a parker as a warning. Those are the actions of the barbaric Islamist Terrorist Group isis. Could any of this have been prevented . I these that there is no doubt that their advance, their movements over the last several months has been more rapid than the intelligence estimates and i think the expectations of policymakers both in and outside of iraq. And president obama said the administration appears to have been blind sided but the islamic terrorists took iraqs second largest city, mosul two months ago today on june 10. And reports say the president repeatedly turned down desperate pea pleas from the Iraqi Government and the curds to take action. 40 thooirks yizidis face like the nazis killing jew, isis targets krig s christians. Men are being mass cushed, women are being raped, children are being beheaded. They are trying to wipe out chr christianity throughout the entire middle east. Theyll raise the flag of allah at the white house. And sadly we have heard that before in the spring of 2001, just months before 2011, a Group Supporting Osama Bin Laden protests inside the United Nations vowing to raise the flag of al qaeda over the white house. That group was determined not involved in a 911 plot. But 13 years later u radical islamic continues that call and now they scroll a large swathe of syria and iraq. Thanks very much, eric shaun now more with general jack keane and you heard erics reporting, do you think it was a mistake to pull the troops out of iraq, could this most recent upset have been avoided . Well, to a certain degree it could have been avoided, certainly the 2011 president ial decision to remove all our troops, what that denied us, maria is the opportunity for the al qaeda who admitted defeat in 2008 and 2009 because of a surge, when they raise their head again, we would have pounced on them with our Counter Terrorism forces, also we would train and grow the iraqis. The second key decision in 2012, when isis had moved into syria, clinton, petraeus, the secretary of defense all recommended to president obama to train the syrian army who was the only one that wanted to engage isis, the president said no. In june of this year, when isol moved into mosul so rapidly and surprising most everybody because of the collapse of the iraqi army, maliki desperately asked for air strike assistance and we denied that. If we had been pounding isis for the last two months, i guarantee you theyre not sitting at the base of the mountain. We would have stopped their Forward Movement and taken away their initiative and the freedom of their movement. Who is providing isis or isil with artillery . Who is really the money behind this . Whos helping them . They dont need any help now, they did have some shakchic sh any bran banks they have gone into, they have taken the money. What is so interesting here is that we know what banks theyre using and we know the seven Portfolio Managers who take care of their transactions every day, that should, both of those issues should be targeted. We should arrest those people who are managing the money and we should take the money out of the banks, those banks are in the middle east. We did this with the chooid, the u. S. Treasury, largely in europe but also in the mideastern banks, this is a nonmilitary intervention, that we could clearly do and take their support away from them. They got oall of that from the iraqi army. So do you expect that we will do that and what should the American People understand about the u. S. s involvement in iraq in the coming six months . Well, first of all, i think our involvement in iraq will continue to grow. And i think, you know, whats happening now will condition the American Public and well continue to learn more about this threat. The reason i say that is because isis has to be stopped and im confident even though the president does not want to get involved militarily, at some point he will have no choice. Isis threatens the security of the middle east. Also as noted before, maria, isis also threatens the security of the American People. We will get involve more significantly than we are now. Im not talking about our combat troops, but im talking about our airpower, to help the sunni tribes, to help pers israel has more startups than any other country in the world by far. How ask it that people there can manage to do so much under such constant chaos . Well speak with the author of the book called start up nation, you can follow me on twitter, let me know what you would like to know from dan cino and our guests today. Were looking ahead today on sunday morning futures. E. His long day of doing it himself starts with back pain. And a choice. Take 4 advil in a day or just 2 aleve for all day relief. Honey, you did it baby laughs when were having this much fun, why quit . Ughing} and bounty has no quit in it either. Watch how one sheet of bounty keeps working. While their two sheets just quit. Welcome back. Another new shaky ceasefire in gaza this morning. But only after another Weekend Exchange of rocket fire between israel and militant groups there. This is nothing new from israel who gets its targeted assault and yet the people there have not only survived, in many ways they have thrived. Dan cino is the author of startup nation, hes now elliott managements senior adviser. Thank you so much for joining us, first, before we go into really the upset this morning, what do you think it is about israel . You wrote in the book a lot about the military culture. Almost every single israeli aged 18 goes through an experience, males for four years, females two years. By and larges, almost every israeli gets this management experience, this leadership experience, how to manage and survive and navigate in chaos, so when our young people are going into college, 18, 19, 20, 21, theyre going into the army and getting real leadership experience, then they go into university and theyre hard wired at a very young age skills how to deal with ambiguity, how to improve vice and how to lead. And also the norm is what they see today and has been a long time. Even though this is a very serious crisis that has accelerated. In 1991, iraq launches, during the first gulf war, iraq launched scud missiles at israeli. Israeli were in sealed rooms and gas masks. At the time intel, which is the Second Largest Company in israeli was getting ready to market a chip. And they had to make an employee to call all their employees in, even as the scud missiles were landing, over 80 of the employees showed up on the first day of the bombing, on the second day, almost 100 . There was a sense of mission, no matter what you throw at us u, we will deliver, we will perform. Intel israel never missed a shipment. That culture permeates israeli society. Venture fundings and startups have boomed in the last two months. Theyre up almost 80 in terms of startup funding, they do that while theyre in crisis, but when theyre not in crisis, nothing excites them. Israeli startups are unfwlapable, nothing surprises them. There are efforts at a cease fire, it doesnt last, once again, same thing overnight . Yeah, its tragic. The reality is, the arab world is divided right now, many countries like egypt and jordan and saudi arabia have been quietly rooting for israel on this. The israeli public is united. Israel has decembimated a lot o hamass capability. But israel has to have something to show for all this rubble. So israel has achieved most of its military objectives in the shortterm. They have decimated these labyrinth of tunnels. Israel is really responding to hamass constant provocation. Let me switch gears because you were the spokesperson for iraqs coalition, provisional authority back in 2003, 2004. What is your assessment of these air strikes. The cpas northern headquarters is right inn erbil. Can you tell us about these clashes of culture . I would say that the Kurdish Community up north right in an around erbil, and this kurdish town that was being evacuated was some of americas best friends in the world, the kurdish in northern iraq. We are on the cusp of watching a human controversy if isis is able to persist. The strikes that the president has authorized, im not sure theyre going to be sufficient. Were going to need at some point some come combination of airpower, intelligence capabilities on the ground, arming of the local forces, including the peshmerga, the curd i beliekurdish island. Were going to have this huge ungovernable skpas on the iraqisunni border that is going to be ungovernable. And in the hands of islamic extremists. It was kind this could be the same dynamic, its just much more valuable real estate, an area in iraq and syria that isis is trying to take over is strategically valuable territory. We have got to do more, i believe, than just simply say were going into proo teblgt american civilians and american troops which we could be doing, and helping the minority communities, we have got to lost think strategy teej clay about how we protect this whole area from being overrung. The president has beened a mampbt about this and were reengaged. We are reengaged, iraq is now a country thats perplexed three president s including this one, we do not need a full bore ground presence, we will need some kind of special ops or intelligence capabilities on the ground to help the airpower. Up next, stocks on wall street surging and the u. S. Economy reportedly now thriving, so why do nearly half of all americans feel like theyre still stuck in 2008 and the recession . Where is the disconnect . Well talk with the ceo of the top Bankers Association about what is really going on as we look ahead at sunday morning futures stay with us. Thank you daddy for defending our country. Thank you for your sacrifice and thank you for your bravery. Thank you colonel. Thank you daddy. Military families are uniquely tinsurance can be one of them. Yo if youre a current or former military member or their family, get an Auto Insurance quote and see why 92 of our members plan to stay for life. Despite what any economist out there says, Americans Still feel like theyre in a recession. Five years after Vice President biden promised a summer of recovery. 70 have said that the president is heading in the wrong direction. Alex, good to have you on the program. The stock market is near record highs, we got a gdp report that showed 4 growth for the First Reading for the second quarter, and yet, these poll numbers are just disastrous, why do you think that is . Whats the disconnect . I think here on main street, good morning from tampa, florida. I think there is a deep concern about a lot of issues, obama care, taxes, regulation, i think we need leadership, i will tell you, you know, the congress and the president both get blamed. I will tell you, though, the house on a bipartisan basis still needs leadership, and we need more leadership from him and i think the American People are feeling it. One of the concerns that we have is the journal reported in march that 31 trillion has moved from the fdic banking world which is very regulated to the nonregulated shadow banking industry. Thats bad news for americans, these are payday lenders, these are mortgage brokers. No ones really basically regul regular lating those folks, and when the americans have to go to these sorts of providers its bad news, dodd frank and the tens of thousands of pages of regulation are driving the lenders on main street out of business and selling, thats Community Banks. What would you like to see . I mean your focus really has been regulation, so youve got dodd frank, youve got the Affordable Care act, the new epa regulations, what is most honorous and what would you like to see the president do at this point . I think we need relief for our Community Bankers, maria. They provide 60 of the loans to Small Businesses which is the main provider of jobs in america, and you know what Small Businesses are telling our bankers . Hey, look, were not borrowing because we dont know what the future holds, we dont know what obama is going to do, obama care is going to do to our costs, even the office where obama care is going to be administered, the federal Government Office has finally admitted in march of this year that the insurance costs for Small Businesses has doubled, so theres a lot of uncertainty. I think, you know, you have things where our young people are not buying homes like they used to, were at a 14year low for move mortgages in this country. What kind of costs are we talking about, alex . How would you characterize the substance . I mean how would you characterize the actual costs that businesses are faced with today and is that the reason that theyre not putting more money into hiring and providing benefits for longterm workers . I think so. Lets take for instance the obama care rules. I mean, you know, obviously 50 employees or less. Youre exempted from that. And you know, a lot of Small Businesses are going to toe the line and keep under that number so they wont be under the obama care rules. Right there, thats an inhibitor of job creation which is very important from our Small Business sector. So for our Community Banks, you know, were hiring more compliance staff and more lawyers than we are lenders. Its sad when you go to a Community Bank mar heia, you ha things Like Operation choke point that was administered by this attorney general, with the federal banking regulators and the last time i was on with you, we talked got this, the fdic two weeks ago because kind of moved away from operation choke point, and that operation choke point was to closed down the accounts of legal businesses in the united states. Maria, for the first time yes . Please, continue. For the first time, maria, in over 70 years, we had the longest period of time in this country where a Community Bank has not been formed in our country, its been over six years that a Community Bank has been chartered. Why . Because Community Leaders dont wanting to take the risk, just like Small Business owners dont want to take the risk and expangd and get into this business. Do you think go into midterm elections, do you think new money will be unleashed in the economy where businesses will feel like perhaps regulation will be a little a al olliated r them. Many have said that dodd frank andrelief, epa, maybe not totally d dismanltalling that program. Right now that confidence does no not exist, when i talk to our bankers about the commercial pipeline, its wide but not deep, many Small Businesses are not borrowing, theyre holding back, and were technically out of this recession, i expected this in 09 and 10, 11. Alex, its good to have you on the program. Alex sanchez, joining us, ceo american florida Bankers Association. A court ruling about lois learners missing emails a set back but not a defeat. Hello three grams daily of betaglucan. A soluable fiber from whole grain oat foods like cheerios can help lower cholesterol. Thank you just you. With the when gray creeps in do you lose it all . Not you. New touch of gray mustache and beard reduces gray without getting rid of it all in just 5 minutes. For the perfect gray look you want. New touch of gray mustache and beard. Great rates for great rides. Geico motorcycle, see how much you could save. From americas news headquarters, im eric shaun. Here are some of the other storie

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