tv Mornings With Maria Bartiromo FOX Business September 10, 2018 6:00am-9:00am EDT
dow industrials set to be up better than 10 points this morning, nasdaq also strong this morning up about 36, the major market indices closed lower on friday, dow industrials gave up a third of a percent with 79-point selloff, in europe this morning take a look at the action and we do see moving money into stocks, asian markets overnight mixed, worst performers was in hong kong, hang seng down and china down a quarter percent. peril in paris to report, 7 people injured this morning in knife attack in city of lights. sour apple, the job that says will affect china pricing what the president says what the easy fix could be. bang for your buck, a new report has the list of most valuable
college degrees, the top spot may surprise you, all the stories coming up and joining know break it all down susan li, mike murphy and pollster and the president of maslansky + partners lee carter. good morning, great to see, everybody. >> great to be here. maria: thank you so much for joining us. >> happy monday. maria: bob lighthizer, trade minister in europe this morning talking about tariffs perhaps probably doing a deal, are the markets still concerned, susan in. >> absolutely, 200 billion on china, we don't have nafta yet, we are seeing seeing the overhan the asia market telling you the story especially with apple, do they shift production out of china under pressure from the u.s. president, i think trade is pretty much the impact that we are seeing globally at this point. maria: yeah, i feel the markets in the u.s. are giving the president a break and watching to he he's negotiating otherwise the market would be a lot lower,
don't you think in. >> professional traders are looking past the headlines and looking at underlying fundamentals in what's clearly improving economy, a lot of talk about the fed raising rates but the underlying fact that the economy is good, getting better is what's keeping the market up at these levels, any trade deals moves us to new high. maria: jobs number on friday and we have more data this week, meanwhile the campaign trail is heating up, president obama on the campaign trail, how is that going? lee: it's been interesting to watch because there's been a lot of criticism of him coming out tennessee the right, on the other hand, this is the first time that we have seen some in the left come out and not be hysterical, he's trying to get people actived and hopeful but what really i'm seeing there's a huge vacuum in leadership in the democrat party but he has to come out and filling a void that really has been felt and i think the democrats need him and that's not good --
maria: republicans are pushing back on some of ideas, how the economy is doing and started and all of that, we will talk about that. coming up this morning joining the morning hogan is here, retired u.s. army lieutenant colonel congressman allen west joins us along with democratic strategists adrienne el rod this morning and fox news senior analyst judge andrew napolitano, we have a big three hours coming up, the top story right now, major media shake-up to report, cbs head les moonves is stepping down, the exit package will depend on whether he is found guilty of any wrongdoing of cbs' internal investigations into the matter. more people have come forward in terms of charging les moonves, susan li, does this affect the cbs going forward in terms of more deals? >> more deals have been put off because they have new 6 board
members and part of exit plan that the merger won't happen for two more years but there's going to be fail at cbs, that's to pressure the shares, the markets had anticipated there might have been some sale to somebody but at this point looks like that's been put up with the les moonves departure. sharon redstone and les moonves on where cbs is going. mike: you saw the stock rally 3% on friday. i don't think this will have too much of an impact here, it's more the going forward story. maria: he's going to put $20 million into a fund that will -- that will go toward the me too movement, you know that will come out of the money that would have gone to him. mike: yeah, cbs is trying to make this look as good as it can
but in the world we live in today, a lot of allegations, i don't know true or false, allegations can it be negative overhang and getting him out of the way is the best thing for shareholders at cbs? maria: let's talk about that for a moment because the president has been walking back this threat last couple of days, the wall street journal reporting that congressional leaders are expected to secure leader today on three separate spending bills avoiding government shutdown by tend of the month, senator lindsey graham join joined me yesterday and said a shutdown is not the right move at this time. >> i don't think it's the right move to shut the government down now and december. the first time we have done that in 30 years, we will get wall money, we have to do something with daca, i think you marry those two up. maria: it does appear that the president is walking it back now
on there was interview with pete hegseth over in montana the other day when the president was campaigning, lee, the president said, look, i need that money for the wall but it's probably not a good idea to shut the government down a couple of weeks before the midterm elections, your thoughts? lee: i think the president could make it through if the government shit shut down, this is a president who negotiates hard and people are getting used which is kind of crazy, people are getting use today big threats and risky things he's doing, the problem is on the races, locally and the biggest threat right now people see is deals not getting done, people are looking at and biggest concern is if i elect this person i'm afraid of gridlock and so what really needs to happen right now is deals need to be made, people need to come together and that kind of confidence will get people, you know, will make them feel better going to midterms if they can vote the way they will vote, if deals won't get done, that will make for change and vote for change. maria: midterm elections is one
of the most consequential elections since a long time. lee: no doubt about it, 23 seat that is could change the course over the next several years. it's interesting to see how it's a day by day play, the polling is changing, right now it's breaking towards the democrats and i think the republicans need to come together, get deals done, get some action done, they have to make people feel better about immigration because sadly enough people aren't feeling better about immigration even though the economy is strong, that's the only thing that republicans are polling well and it's not on the rest of it. maria: they are coming together on tax cuts, mike? mike: i don't know if the government shutdown is really -- is that a story anymore? maria: the president is walking it back. mike: yeah, the focus on tax cuts because people feel regardless of what party they align with, people prefer to have more money in their pocket and i think a lot of people out there actually feel that, you're seeing it in consumer confidence numbers, if people have more money in their pocket they feel better and i think they will want to keep more of the status
quo. maria: you're not expecting the blue wave that we talked about six months ago? mike: i would like to think i'm smart enough to not think i'm smart enough to think, it changes every day race by race, i don't know, i think they'll be -- it would be great if we had two parties that work together for the good of all people. maria: we will see what the next legislation on economic policy, the house republicans plan to go introduce legislation this week which could make permanent the individual tax cuts from last year's gop reform bill, i spoke with president trump and house ways means chair kevin brady over the summer who both felt confident in a second round of tax cuts. >> we are doing a phase 2, we will be doing probably in october, maybe a little sooner than that and it'll be more of a middle class, we did a lot for the middle class but this would be more aimed at the middle class, one of the things we are thinking bringing 21% down to 20. maria: you are on track for
september vote? >> we had a great meeting with the t yesterday getting on the same page on what we see for 2.0 and the timetables, those interviews were in the summer, in july we have seen impact from the tax plan, do we see an even bigger impact on markets if we see tax cuts 2.0? mike: i think the market has priced a lot of this in. i don't think if this passes it will have major upside in the market, ultimately the gdp growth that we are seeing is allowing the administration to feel confident in pushing forward on tax cut 2.0. i think it's good for all parties involved. as long as we have growth to support it will help markets but not huge push. maria: the tax cut helped earnings, 25% profit growth for 2018. >> yeah, back to back of earnings growth of almost double digits, right, and we saw that in unemployment numbers as well. wall street was talking about
201,000 jobs created, we are looking at best employment market in 50 years, we did analysis sis and right now president trump in first 18, 19 months in office he's doing better when it comes to wage increases and also gdp growth as well as under the previous administration. maria: we will take a short break, paris on alert this morning, the french capital reeling after several people are injured in a knife attack yesterday, we have got to very latest coming up next. the plan of succession, who is set to succeed jack as the head of alibaba, big changes there, we will check it out. stay with us next. at fidelity, our online u.s. equity trades are just $4.95. so no matter what you trade, or where you trade, you'll only pay $4.95.
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detectives say as many as four people were yuird in shooting, it happened at purple haze nightclub. 3:30 a.m. this morning inside of club, so far police haven't released many details of what happened but reports say four ambulances were called to this scene, we will get more details hopefully this morning on the condition of everyone. and then there's horrific knife attack in paris, 7 people including two british tourists were injured in the attack at the french capital, police arrested suspect who is reportedly from afghanistan, witnesses say the man was armed with knife and metal armed an currently not being treated as terrorist attack, another global headline, alibaba founder jack ma is stepping down as chairman next year and he has named ceo daniel zang as success or, founded alibaba back in 1999, one of china's largest technology companies, stepping aside for alibaba for next
generation of leaders and remain in the company's board of directors until the year 2020. and then president trump sending well wishes to celebrating the jewish new year, the president tweeted this, melania and i wish all jewish people warmest greetings to those celebrating and the start of high holy days, the two-day holiday wraps up tomorrow night as observers engage in rituals and jewish traditions, maria, back to headlines. maria: thank you so much, coming up made in the u.s., president trump renewing call for apple to make product in america, the technology giant is now responding, we will bring that to you, cashing in after college, check in what majors are the most and least valuable, you want to know this, we will break it down, back in a minute.
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maria: welcome back, president trump tweeght at apple after iphone maker said that trade tensions with china will affect prices on apple popular gadgets, the president writing this, apple prices may increase because of the massive tariffs we may be imposing on china but there's an easy solution where there would be zero tax and indeed tax inceptive make products in the united states instead of china. joining me more to talk about michael lee. >> good morning. maria: can apple afford to move manufacturing here, would that be a lot expensive? >> i think over time apple can do whatever it wants.
this is coming and it's about a lot more than trade. china really is the number one enemy of the united states, they are attacking us from intellectual standpoint and defense contractor on tucker carlson a month ago or so chinese government was trying to hack on fire wall like at least a thousand times a day, they are also engaging in predatory practices all over the world, going to countries and kenya and putting infrastructure projects with loans they could never pay back -- maria: sounds like you agree with the pushback against china given what their behavior? >> what else are you going to do? should the u.s. sit by and let the chinese, communist government try to take over the world who has no interest -- they don't have the u.s.' best interest at heart, the trump administration has said to them, look, we can make peace and we can make this work if you open up your markets instead of
trying to take control of all markets coming in. lee: how patient are people going to be with this? optimism has stayed up, everybody talked about how the trade war was going to devastate consumer in markets, i think a lot of people think the president is doing the right thing, how long do you think they will give them to get this done? >> fortunately the economy is booming, we had a wage growth number of 2.9% on friday but that doesn't always include the amount of hours worked per week so when you add increase hours work, plus the wage growth, you're at 5.1, 5.2% and tax cut now high 5% with disposable after tax take home income, as things are booming here, you're essentially raising taxes from 2012 to 2013 nobody thought it was armageddon when obama raised taxes so it would be less than a third than what obama did and we
can soldier on, i think this policy push to revitalize manufacturing in our country has worked, if you look at the unemployment rate for high school dropouts, it peaked at 15 and a half percent during recession, we are down around 5%, so the people that forgotten -- >> in terms of taxes, apple's argument if tariffs do go in place a tax on consumer, they'll be paying for more apple watch, apple airpods and so much more in terms of the apple line, does that hurt the consumer in the end? maria: which is the fed is watching. mike: that would hurt consumer, the tariffs is kind of a perfect segue for him or layway to say, okay, move manufacturing to the u.s. i think it couldn't have played out better than the administration. >> kind of hard to do when you employ 1.3 million people in china and the supply chain takes
a while. mike: have you seen the new factory, a ton of people. maria: in the u.s. mike: they've start today manufacture certain things here in the u.s. already. maria: that's an interesting, 1.3 million people working in china for apple. >> if you're willing to pay a thousand dollars forrics phone, why wouldn't you be able to pay 1100 if you're willing to pay 400 for iwatch why wouldn't you pay 450 in i don't think the tariffs are a good thing but the only way to change china is with money. they don't have an opening economy, they manipulate currency and they do whatever they can, they are communists, what do communists want, they want power and prosperity, so what the administration is saying, open up your economy, open up your country to more foreign investment and in the end it will ultimately benefit you, the only possibility for resume change in china if they
go into a recession and there's popular uprising, several billion people in the country a lot of which live slightly above the poverty line, no coincidence there, how many people we have lifted out of poverty, there's a lot more going on here than the price of ear pods. maria: there are deals happening right now, the president apparently negotiating trade deals with canada, with japan, and with china, so at some point markets are going to want some answers, how much time which was your question do you think markets give this president to actually put some more deals on the board? >> yeah, i think as long as the train doesn't go off the tracks, so -- maria: the markets believe that he will get ultimately a better deal. >> you look at what happened with méxico and we are starting with the eu right now. this all makes sense, the u.s. in terms of international trades is 80-pound gorilla we are starting to throw our weight around. exports year over year, global
trade is booming rerms of all the trade tariffs and all the trade spats, so, you know, we were just talking, we are much closer to the beginning of second leg of the expansion than we are and if there's some sort of geopolitical event, terrorist attack, some sort of war that's unforeseen maybe that can take us off the rail bees the snowball effect of the u.s. economy is growing and t happening right now and as long as that continues all the trade spats can happen and for most of the countries they may be short-term victories, the u.s. is fairest trader in the world and as a result we have become the most powerful economy, what we are trying to do is get other countries to open up and will benefit them and might seem like short-term loss. maria: sounds like you might want to buy shocks with the backdrop? >> absolutely, i still like the
banks, rates are going higher, deregulation in effect, slowly but surely, banks will write more loans at higher rates, we have -- we have seen the trade come and go and come a -- would be huge for all the major banks than to invert. mike: seems like a great time to looking whether it's banks or big-tech, 3 to 5% in a week, seems like a great time to buy them. we are seeing them in big tech, companies like facebook, do you allocate money there? >> my two favorite sectors, big banks, big tech, consumer discretionary, everyone that says that this market is turning, you would see leadership and -- we have seen in tinny pockets, the reality is since the election the leadership has been and consumer discreationary in big tech, i'm
a buyer on weakness in any of the sectors, these companies are doing as well as they possibly could and have ton of cash and the sky is the limit as far as they can go. maria: thank you so much for joining us, michael lee, president trump could declassify documents related to the carter page and bruce ohr situation as soon as this week, we have the implications there, should the president declassify and what's the impact? then a treasure troll, an cheent treasure in italy, we will tell you where the treasure was all the while, back in a minute when you rent from national...
maria bartiromo and it is monday september 10th, your top stories right now 6:31 a.m. on the east coast. escalating trade tensions and investors are focusing on the world's largest economies this morning as president trump suggesting more tariffs on chinese goods could take effect soon. markets are rallying this morning as the president's trade minister is in europe trying to do a deal with the europeans, the dow industrials are up 80 points right now, nasdaq is up 38 opinion, half percent higher this morning, that after friday's weakness the nasdaq is down 20 points on friday dragging index to worst week since march, down a quarter of a percent. in europe this morning moneys moving to stocks, ftse up a quarter of a percent, cac quarante in paris is up a third of a percent and in asia overnight markets finished mix, worst performer hong kong, hang seng index down one and a third percent. tracking hurricane florence, forecast on the growing storm as it is taking aim at the southeast right now. and then from the hockey rink to
board room, hockey player joins me to discuss latest business venture off the ice and growing the game of hockey in china. >> people that i surround myself with, i like to be a guy that has longevity. ive had a restaurant for 30 years, i've had a winery for 7 years now so i like partners that see a long-term partnership. maria: check out my first on fox interview with the great one in less than 30 minutes, plus zoology ranked as the second most valuable college major, we will tell you which subject claimed first place later this hour, yes, the zoology, $111,000, striking gold, unlikely location, hundreds of old roman coins were discovered, we have the loop. first story half an hour, connecting the fisa dots, the trump white house expecting to declassify documents relating to
surveillance of former aide carter page and what bruce ohr knew regarding ties with the infamous steele dossier, senator lindsey graham gave me his take on sunday morning futures. >> somebody needs to watch those who watch us, if i were the president for transparency sake, for oversight sake, for reforming the department of justice and fbi to get a better product in the future i would release this to show what president obama said about how good his fbi and department of justice actually were is a complete falsehood. maria: joining us to discuss weekly standard kelly, thank you so much for joining us, these documents are expected to show how they hatched the plan to come up with this trump had anything to do with russia meddling in the elections, these documents are from 2016 before the actual investigation of trump-russia collusion was launched in july 16, what would
be the downside of the president declassifying the documents? >> i think it's a great idea, maria, for him to declassify the documents, you have republicans and democrats arguing for months now about what actually happened and what it means. well, release them and let the american people decide for themselves. you know, lately we've had so many anonymous source stories, i've never seen as many as i have now the trump era, media outlets sort of think we will do vetting for you, we will not tell you who we are talking to but we will tell you what they are saying, well, people can't judge whether someone is credible or not if they don't foe who the person is, i think it's great that we will see more transparency, i hope, and find out what is going on because there's a lot of unanswered questions especially about bruce ohr. maria: are we going to see accountability, my viewers know that i never believe that there was collusion, there were inform
freants the other side trying to impact the trump campaign and then we know that they got a fisa warrant to listen in on carter page. really bad stuff in 2016, will there be accountability? >> i will say bruce ohr has been demoted twice. we are seeing a little bit. he's still at the doj. a lot of people don't realize that he and his wife nelly who worked for fusion gps on the infamous steele dossier they met with christopher steele in july of 2016 before, you know, the investigation started, they had breakfast, the three of people together and talked, they talked specifically about donald trump at that meeting, now, he, of course, didn't mention that his wife was doing this work, you know, we only are finding out because of leaks and people finally telling us after ward and i have to say, i mean, bruise -- bruce ohr could be
responsible for wrongdoing, he was the head of interagency group that was design today look at organized crime and drug deals and i'm sure your viewers will remember that came out recently that project cassandra, looking at the hezbollah drug running in south america and made to the united states and u.s. businesses were implicated, obama's doj actually had a problem with the investigation and tole people to back off because they didn't want to upset iran during the nuclear negotiations, now bruce ohr was the head of that, he had to have been involved in this and we haven't heard anything about that yet, i have to say why is he meeting with christopher steele about russia and trump when she's supposed to be getting involved with getting the bad guys -- maria: now we know that nelly ohr and bruce ohr were profiting because nelly ohr was working for fusion gps.
it strike miss to see the politicizing of the government agencies under the obama administration, the doj, fbi, the cia before that the irs and then you see president obama out on the campaign trail making explosive comments about the trump administration, the gop and who has allegedly stoking the flames of division, watch this. >> it did not start with donald trump, he is a symptom, not the cause, the politics of division and resentment and paranoia has unfortunately found a home in the republican party. >> in two months we have a chance to restore some sanity in our politics. >> what are your thoughts on president obama on the campaign trail? >> we have a sense to restore sanity in the politics in the midterms? i have to admit i'm skeptical. you bring up a great point, maria, so many unanswered questions about different politics having something to do with doj investigations, irs
investigations and you know i have to say, president obama had a few good points in his speech, you know, he talked about some of trump's policies aren't conservative, he almost looked like he might be reaching out to republicans who might be worried and try to bring the country together but of course he's president obama and the speech ended up being more about himself and the goal to get more democrats elected an it's very disappointing and isn't very statesmanlike and telling people you to vote this fall. lee: it did seem that he was reaching out to some republicans and really reaching out to independents and we are seeing trends and people leaving the party not just because they don't like the president but also tired of gridlock and things not getting done because of the tribalism that exists and so to a certain extent if you watch this and i did test some of this with voters, they looked at it and they didn't hear him
being as negative as some of the things get picked up, they see him saying you know what, we can do better than this and that's what we are hearing and taking away but the people who are disillusion by the state of affairs, do you think this will be affected by the democrats or encourage people who are disgruntled? >> i think he could have been effective if he had stuck to that, reached out, i know you guys are sick of the craziness in washington, let's face it there's craziness in washington and there's people on both sides responsible, look at the kavanaugh hearings, that was not a confirmation hearing of substance, you had democrats encouraging loud protestors to come in and there was no discussion, so, yeah, i think there are a lot of ways that the democrats particularly president obama could be effective in reaching out to people who are sick of business as usual but then he spent the rest of his speech talking like business as usual saying well, republicans have been this way for years and, you know, take some
responsibility for some of the division that you caused in the country. maria: i will tell you, you want to see nothing get done vote democrat nick the november election. more dems in congress nothing gets done for the next two years. lee: maria that's a good point because there's recent polling that came down more than 50% of americans number one concern about democrats winning the house is that there's going to be gridlock and nothing will get done and that's an important point to keep in mind. maria: they will stop agenda and move to impeach him and that's why this weekend vice president mike pence responded to president obama, listen to this. >> it was very disappointing to see president obama break with the tradition of former presidents and become so political and roll out the same tired arguments that he and liberals have made over the last 8 years, the truth is the american people in 2016 rejected the policy and direction of barack obama when they elected
president donald trump. maria: mike murphy, your thoughts? mike: yeah, i think the vice president is right in a lot of what he's saying but when you look at what the democratic party has in place of president obama, when you have a lot of people screaming and yelling and getting up, seeing him get out there, he's great on the campaign trail, rolls up his sleeves, he has a story to tell, i think he can really speak to the entire party, so for the republican party i think they really have to take notice of this, this isn't nancy pelosi or someone else getting up and screaming and saying things that make no sense, he's very good at what he was trying to do. maria: all right. we will leave it there. kelly, good to see you that morning, thank you so much. >> thank you, by the way, wine is very good, you need to get him to leave you bottles of the wine, it's delicious. maria: good stuff. we will tell him, thank you so much, kelly. coming up preparing for the storm, hurricane florence is strengthening as it targets the southwest, we have the latest forecast and then this cashing
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taking aim at the east coast this morning. cheryl casone with the details. cheryl: for florence, she's rapidly gaining strength turning across the atlantic ocean right now she's a cat 2 storm with maximum sustained winds of 105 miles per hour, it could slam the northeast -- southeast, excuse me, could hit cat 4 status, south carolina, north carolina, virginia already declaring states of emergency. well, chief strategy officer is leaving the company, snap says that khan told the company he's pursuing other companies, snap says departure is not related to disagreement, shares of snap down more than 30% so far this year. one of the most least valuable degrees out there, 162 college majors and ranked them actuary science, 6-figure salary, actuary use math and science to determine risk for insurance,
finance and other industries, now, you saw zoology was number two. least valuable, miscellaneous fine arts, cosmetology and performing arts. anyway, archaeologist in italy found buried treasure, hundreds of roman coins were found in stone jar in basement of a theater in north of milan, officials did not place value on the coins but we will find out today, maria, this coins could be worth millions of dollars, crews are preparing the theater for demolition when they discovered all the coins so millions found. maria: wow, interesting. cheryl, will you tweet out the list of the most valuable majors and the least valuable because that's something our viewers want to know, it's interesting that actuary as number one. cheryl: math, science, engineer, anything with math base is the
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business venture. i wanted to scu yo -- ask you about china and what you were doing, how did this come about? >> well, started 3 years ago, china is hosting the 2022 winter games and one of the things they want to do is help build their youth hockey program so they approached us about being partners with them and coming on bower as ambassador so next tuesday my two sons and i are flying over to china, first time i've been to china and we will conduct hockey clinics and the nhl is playing so we will get to see nhl game and the chinese are playing game in russian league so we will see that also. the goal for the chinese people is to be respectable hockey club in 2022 olympic games and build youth hockey, they are build to go build new ice facilities in china, throughout china and so i'm excited to be part of it and
this is a fun adventure not only for myself but for my boys also. maria: tell us why, chris, this shirt, untucking, i can get any shirt and not tuck it in, right? >> all men like to look good and not overthink it, we created a shirt that's casual, sophisticated at the same time, anyone can go to the closet, feel good, look good, shirt at the right length, it's been exciting ride. maria: this was basically the ad campaign. wayne, what really excited you about this idea, tell us why you invested in untuck it? >> first of all, chris is natural and really does nice job. maria: he does. >> for me we spent a lot of time in st. louis and we went to one of the stores in st. louis, my wife and i, we loved the shirts, they are comfortable, they are fashionable and we liked it so much that chris and i got
together and we decided to be more involved with the company from both marketing point of view and financial point of view but at the end of the day it comes down to people and the wonderful men and i've had a lot of fun being part of the company right now and i think there's great bigger days ahead for untuck it. maria: are you looking to do more investing in private companies at this stage of your career? >> well, for me the partnership is most important and the people that i surround myself with, i like to be a guy that has longevity, i've had a winery for 7 years, i like partners that see a long-term partnership. and so i'm really excited about untuckit because not only is it an american company but now going to canada, opening first store in toronto on monday and it's really exciting times for the company. i'm proud to be part of it. maria: this started as an idea,
chris, how did you get it doing? where did you get the funding, how did you do so so well and now your name that we know of and watching your ads? >> yeah, we launched 7 years ago and raising money was not easy because when you go to people in town that you are making a shorter shirt, they laugh. we had to be profitable on day one, we came up with great marketing plan, we are marketing digitally but also across airline magazines and radio and tv and men reacted and now we will have 54 stores by tend of the year and 100 by the end of next, we are going overseas which is one of the reasons wayne is such a great partner, associated with excellence. 60% of women buy for men or boyfriend, they want to be able to try something, we have a kids line, all kids wear shirt
untucked. maria: you have your shirt untucked right now. >> they are comfortable. my wife and i did marketing, photos and my wife looks a lot better in the shirts than i do. maria: will we see you in the marketing? >> i guess some of it. >> billboards in toronto going up next week. maria: fantastic, great to have you both on the show. >> no, thank you, thank you very much. maria: my thanks to wayne grtzky and chris. next hour right here on mornings with maria, back in a moment. ♪ ♪ (vo) when bandits stole the lockbox from the wells fargo stagecoach, agent beekman was one step ahead of them. because he hid his customers' gold in a different box. and the bandits, well, they got rocks. we protected your money then and we're dedicated to helping protect it today. like alerting you to certain card activity
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misconduct charges surface. how the shakeup will affect the company's viacom merger plans, coming up. markets this morning are higher, we're expecting a l rally at the start of trading this morning, dow industrials at the high of the morning, up 100 points. the s&p 500 is up 11 and the nasdaq up 2/3 o31%. this after the major indices closed lower on friday. dow industrials gave up 80 points friday, the s&p and the nasdaq gave up a quarter of a percent apiece. in europe markets are rallying there. fq100 up a third of a percent, cac up 1/2 of a percent. asian markets were mixed overnight with the worst performer in hong kong, hang sang index down 1 1/3. apple and ford are among u.s. companies with big products on the horizon. what president trump says both companies should be doing to steer clear of tariffs and tariff tensions. burning more than engines, spacex had a successful launch early this morning but th
celebration eclipsed by elon musk smoking marijuana during a podcast on friday. the stock is bouncing up 3% after a tough week last week. it was a wild comeback, aaron rodgers returned, leading the packers to victory as collin con kaepernick praises more anthem protests. joining us to break it down, susan lee, mil mike purchase phd -- murphy and lee carter joining us this morning. >> good morning. maria: big week. >> big week coming up. maria: we've got an economic story that's pretty positive but uncertainty on the trade front. >> it's going to be interested to see how it plays out. so far t. market has not been affected by it. i think that will continue. day-to-day, the story changes. maria: the president's trade negotiation, bob lightheisser is in europe this week. >> nafta, they're negotiating this week, china as you saw, the
crimp on asian markets last night, mostly apple suppliers, down to a two-year low. i would say trade is the overhang on the asian side. here in the us, i think the focus might be more on interest rates and we saw what happened on friday. i think this week we're starting off on a new front, thinking maybe the economy is good and the fed isn't going to raise more than we expect manufacture just about 55 days -- maria: 55 days or a little more than 55 days away in the mid-term elections. >> it's a day by day changing, shifting market out there. when you look at obama needing to come out right now, i think that is an indicator that democrats are concerned and they need leadership. i think it could be effective. i think republicans are right to be concerned and they need to go out there and fight hard. maria: joining the conversation this morning, white house deputy press secretary, hogan gidly is
with us, as well as andrew napolitano weighs in as well. stuart varney will be withs also. we kick it off with keeping america safe, john bolton making his first major policy speech later today. he is expected to address international threats and announce the closure of the palestinian liberation organization's office in washington. joining us right now is former florida congressman and author of the book, hold texas, hold the nation, victory or death, alan west. colonel west, thank you for joining us. >> always a pleasure. maria: let me kick it off with john bolton and what we're going to hear from him whavment do you want to hear from john bolton at this point. tell us your thoughts, what we could expect. >> i think it's very important that we see the intersection between what is going on with the economic pressure we're putting on china and what china is doing as far as their expansion and their threats to our national security.
if you have read the one belt, one road strategy of china, if you know about the china, pakistan economic corridor, you will see that china is expanding itself and is using its military, using the economic power that it's built up to now see testing their first domestic aircraft carrier, building ports in east africa and pakistan. we know about the man made islands they have in the south china sea. that's where about 45% of the sea lane of commerce transits through. we're seeing increased pressure between china on taiwan as well. we know the connection with north korea. so i think regionally, as you go across the middle east, what russia is doing and also in south america, you will see some of the incredible threats we're facing. we need to have a solid strategy to confront them. maria: no matter who we ask, most people agree it was time for somebody to push back against china. that their behavior has gotten to a tipping point.
meanwhile, back at home, we've got this new york times anonymous op ed and the fallout continuing there, sources told me that the administration is closing in on the author, potentially somebody in national security, vice president mike pence slammed the author yesterday. listen to this. got to get your reaction. >> to have an individual who took that oath, literally say that they work every day to frustrate the president, advancing the agenda he was elected to advance is undemocratic. it's not just deceitful. but it's really an assault on our democracy. and that person should do the honorable thing, step forward and resign. maria: he's probably not going to resign, he or she. what's your reaction to the op ed, the anonymous op ed in the times and the continued fallout? what's the damage here? >> the damage is that we now know there is something called a deep state, the fact that you have someone within the administration that is saying that they're working counter to the policies of the president,
just because they don't like the president. the op ed started out by talking about all the successes of the trump administration, but then it's talking about how this person and others are part of a resistance movement. that's really a resistance against the dually elected president of the united states of america. i think we have a challenge to constitutional republic and our system of democracy. maria: all this while the economy is doing quite well, as you've been saying. the president tweeted out this morning, he says this. the gdp rate of 4.2% is higher than the unemployment rate of 3.9% for first time in over 100 years. these numbers keep getting better, mike. >> the numbers are getting better and it seems like we're not at just a single one-time blip to the upside. this seems like it's sustainable, seems like there's real economic growth and it could be getting better, not worse. it's not that long ago we were talking about a new world of 2% gdp growth. here we are way above that, seems like things are getting started for the economy. maria: president obama is out
on the campaign trial now, colonel. what's your take, what we're hearing from president obama in the face of these very strong numbers on the economy for trump's economy? >> i find it very hypocrite call and humerus that president obama in a town hall meeting once toed ustood up and derided president trump, saying how would he do this thing, bringing all the jobs back, it's not easy, what's the plan. in 18 months he's done that. now we see president obama trying to take credit for it when he was chastising the president for his strategy to do it. ic as lee was saying, the democrats are in a lot of trouble when you have to bring back ou out president obama. i don't think this is going to work well for the democrats. >> i'm really curious, when i look at what's happening right now on the left, there is so much anger. there is so much vitriol. they don't know what's going on.
they're blinded to economic growth. they're saying people aren't really secure, they're sort of really blind to what's going on. when i look at people that are doing that, it's really they're afraid. when people are afraid they can't see the truth. what is it that you think they're so afraid of? how do republicans reassure them? they're going to need some of these democrats and people that are afraid in order to win the midterms. >> you have to understand sometimes facts and truth to the democrats is like sun light to the vampires. they cannot understand, they cannot agree with what is happening. they cannot understand that the economy is doing well and national security, we're rebuilding our military, oil and gas industry, all of these great things. what they have to do is demonize an individual, they have to try to leverage that as a means because they don't have any policy or strategies that will work well for the american
people. so hating donald trump is now kind of becoming hating america. >> i think voters vote to better their lives. when they say their wages are going up, they are finding employment and the economy is doing well, i'm not so sure that that's going to create a blue wave in a few months' time in the midterm. >> the thing is, if you're constantly getting barraged with a certain message, sometimes you believe that message. if you turn over to other media outlets or look at what has happened with this anonymous op ed and the bob woodward book that came out, this is about putting pressure, this is about trying to dominate a narrative and not talking about the economic success and where the american people are. so i think that you will see an incredible turnout that will support the president and his policies. maria: do you worry that the house flips, though, do you think the republicans will gain seats? >> the most important thing i think the republicans need to
understand is that there is some people that have not been supportive of the president's policies because of the fact that they are afraid of supporting the president's policies means that they support the president and his personality. the republican party has to be able to bifurcate this and talk about their strategy, their policies going forward as opposed to the democrats that are saying they're going to repeal the tax cut law, they're going to impeach the president, they're going to a abolish i.c.. or ocasio-cortez that is out there, this is a socialist policy agenda. that's not what the american people want. maria: the colonel has a great point. we don't see an actual policy coming out of the democrats, it's all abolish i.c.e., resist, impeach trump. >> the thing i think that is interesting, that people who are reacting aren't the ones who are willing. hillary clinton was reactive through a lot of the 2016 cycle. that's continued all the way through. democrats are reacting to donald trump. they're reacting constantly and so one crisis comes out, there's
a border security crisis, they're going to abolish i.c.e. everything, it's counter-balancing to what the republican agenda is and, yet, when you look at what people are looking for, they want stronger borders many i think that democrats have a huge miss there by saying, abolish i.c.e., that's not what people want, when you look at the polling. they want stronger border security. you can disagree on policy but the way they're going about it i think is one that's really damaging and furthermore, i think it's really important that when you look at this polling, see how unpopular the president is, leadership in the left is more unpopular than our president. nancy pelosi is under 30 30% popularity. you're thinking because somebody is so unpopular, you're not just going to vote against them, you're going to vote for another party. people might stay home if they're not happy with the current situation. they're not going to say i'm going to vote democrat today because i don't like this president. that's not the way it works,
certainly not the way it works with the midterms. maria: did ahead, colonel. >> just imagine if the democrats were to take over the house, the chairman of the financial services committee would be maxine waters. maria: that's a good point. let's not forget, this investigation into the wrong-doing at the top of the fbi and the doj, that will completely go away. we won't hear another word about the fact that they got a fisa warrant to wiretap an american citizen for no reason because all of the committee chairmen will change. we won't hear that it's really a very consequential midterm election, no doubt about it. colonel, thanks for weighing in this morning. maria: coming up, les moonves is out, details on the leadership shakeup at cbs, following harassment allegations against the ceo, more women coming forward making these charges this week. then president trump versus ford motor, the latest war of words between the commander in chief and automaker. stock this morning is up just a fraction. we'll tell you what's behind the
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maria: welcome back. apple's expected to go big with the new iphone. cheryl casone has the details. cheryl: get ready for a super sized screen. the wall street journal is reporting apple will unveil two new iphones on wednesday, a lower priced one with a 6.1-inch display and a priceyer one, 6.5-inch display, the average screen area, 23% larger than last year's, three new phones, 28% bigger than the two models unveiled in 2016. people want more room for their apps on their phones. meanwhile, president trump pressing apple to move its production to the u.s. from china. tweeted over the weekend, apple prices may increase because of the massive tariffs we may impose on china.
there is an easy solution. make your products in the united states instead of china, start building new plants now. exciting, exclamation mark, hashtag maga. apple said u.s. tariffs on $200 billion worth of chinese goods would affect its product line. following the president's tweet, shares of apple suppliers actually fell in asia. the stock here, though, is higher in the premarket, up almost a half a percent right now. and then ford is responding to another tweet from president trump that the company can begin building it's small focus active here in the u.s. instead of china. president trump tweeted yesterday about reports that ford won't sell the car in the u.s. because of those tariffs. he tweeted, quote, this is just the beginning. this car can now be built in the usa and ford will pay no tariffs, exclamation mark. ford said it has no such plans to build that car in the u.s. however, there's this.
ford does have plans to steer towards electric vehicles. they teased this photo of its all electric performance suv. i don't know what you think. i think it looks like a mustang, i'm just guessing. it's code named mach 1. look, mustangs can be ga gas yos guzzlers. maria: the president just said this, if the democrat had won the election in 2016, the president writes, gdp which was around 1% and going down would have been minus 4% instead of up 4.2%. i opened up our beautiful economic engine with regulation and tax cuts, our system was choking and would have been made worse. still plenty to do. and of course the administration now is talking about tax cuts 2.0 they're working on this week. we'll see if that has further impact on economic growth. coming up, elon musk is under
fire still, the new backlash for the tesla ceo after he was filmed smoking pot during an interview. that's next. kicking off controversy, the outrage after two miami dolphins players take a knee during the national anthem, that's later this hour. back in a moment. ♪ more and more people are finding themselves
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ignition, liftoff. maria: that was a clip of the latest successful spacex launch on its falcon 9 rocket from early this morning. the victory for the aerospace company comes as charlie gasparino is reporting the air force is looking into elon musk's behavior following his decision to smoke marijuana during an interview last week. this is because spacex is a government contractor and marijuana use is not allowed for those within government security clearance. joining us now is rajindra gil. your take on all of this? >> i think this episode reflects a complete lack of judgment and a certain level of recklessness, to go on a podcast which is one of the world's largest podcasts. i watched the podcast, almost three-hour episode. it was a very interesting conversation. but to go on and exhibit these type of activities i think
reflects a level of lack of common sense. earring during the interview, -- even during the interview, he was getting tweets from friends of his, saying what are you doing, doing these activities on-air. the bigger issue is two things. one is the reversal of taking the company private in just 17 days, to me that was a very unacacceptable situation where e reversed course very quickly. also, the level of of executives that have left over the past two years. so we just put a note out this morning, in our note we've based on our count, 11 executives left the company in the past year alone, nearly 23 executives have left the company in the past two years. these are key levels of management, the chief accounting officer, the head of engineering, the head of auto pilot who came from amd. >> human resources, sales, engineer, you name it. isn't it about cash positioning, don't they have a convertible to
pay next year in march. do they have the cash to pay it? >> we talked about this at length. they have a convert that's due march of 2019. >> they have to be above $359 a share. >> the conversion price is $359.80 or so, and if the stock is not above $359, they owe $920 million in cash. they can't convert that debt to equity. and they're burning through about -- our estimate, about $2 billion of free cash flow this year. so there is a significant amount of pressure for him to generate cash immediately, generate profitability immediately. so those are -- we have a huge issue in terms of their capital structure. maria: how are they going to do it, look at the stock, stumbled on friday, wit. this video may be offensive to some viewers, but watch it. >> i mean, it's legal, right? >> totally legal.
>> okay. >> how does that work? do people get upset at you if you do certain things? >> tobacco and marijuana in there. that's all it is. >> does the combination of tobacco and marijuana is wonderful. >> i kept twitter because i like the means of getting the message out. that's about it. so far, so good. >> it's mostly -- i think it's on balance more good than bad but there's definitely some bad. so hopefully the good outweighs the bad. a vast number of negative comments, for the vast majority i just ignore them, the vast majority. every now and again you get drawn in. not good. >> it's not good. >> make mistakes. >> you can make mistakes. >> you can make some mistakes. i'm not sure why people think that anyone would think that deleting a tweet makes it go
away, it's like hello, been on the internet for a while. maria: this is all -- tesla is reported i starting immediate delivery of the model 3 cars. they're looking to increase sales figures. you've previously downgraded the stock. what do you do as an investor? susan mentioned $359 is the price for the convert. how will they get to $359 by the deadline? >> they're going to try to reflect they'll be profitable in key and hopefully -- in q3 and hopefully the stock pops. they're selling model 3, all-wheel drive cars. they have a reservation list of 420,000 over the last two years they built up. what percentage of those reservations are folks that were expecting to get a $35,000 car, minus a $7,500 tax credit. they're not even producing the more cheaper version of the vehicle. if you go to the website, all you can get is the all-wheel
drive, starting at $49,000. it goes all the way up to $80,000. so they're not even having those cheaper version cars available. so the wait list has been two years. we think a large percentage of people are expecting 3 a $5,000. we think that the cancellations have been increasing. we've been hearing reports that refunds are accelerating and that folks are not configuring either. once they put the deposit down they have to pay an extra $2,500. they're not configuring at the rate. there could be short-term volatility. they show they're profitable in 3q. as we go into 2019, that's when the real issue comes to play in terms of what is the real demand for the model 3 and can they make profit on the $35,000, to $40,000 car. >> the main question on the markets is should elon musk stay at the top of tesla. maria: i was just going to say -- >> unpredictable. >> if it was a private company he wit would be hailed as a her.
it's a public company. he tapped the public markets for a lot of money. i think that's a big deal. maria: the pressure on him to step down has got to be high. >> the company went public in 2010. they've only been profitable maybe one or two quarters in that eight-year period. every year they've had to go to the capital markets either on the equity markets or the debt markets to raise money. every single year. >> those concerning behaviors, what do you thinks, do yo you ho make a call, does he stay? >> that's going to be the decision from the board of directors. i think for me, the biggest issue was the reversal of the public, private. to me, that should not be discounted. maria: putting out a tweet, funding secure, we're going private and coming out with two blogs saying no, we're staying public. >> right. maria: what would it get to get to you upgrade the stock and buy the stock? would it be elon musk stepping down and a new ceo coming in? >> it would depend on who the ceo is. if the ceo is coming from -- he
or she from an automotive background, i think that would be beneficial. they clearly have very good technology in terms of autonomous driving, even on their ev technology, the battery technology. what they have problems is scaling profitably and so that's the issue. but i do think that the competition is accelerating. it's heating up. you look at jaguar, you look at mercedes, audi, volvo, they're all coming out with suv electronic vehicles end of this year, going to 2019. the model f and the model x have been vehicles that have existed for many years. they haven't been updated in a while. there will be a ton of competition coming in. maria: great to see you. thank you so much. >> thank you. maria: coming up, president trump just tweeted again this morning, here's what he said. the woodward book is a joke, another assault against me in a barrage of assaults using unnamed, anonymous sources. many have come forward to say
the quotes by them like the quotes are fiction. dems can't stand losing. i'll write the real book, the president says. that woodward book is going on sale this week. coming up, a leadership shakeup at cbs, the latest developments an ceo les moonves exits the media giant, that's coming up. amazon go is growing, the silicon valley company's plans for expanding the cashierless stores, back in a moment. ♪ a hotel can make or break a trip. and at expedia, we don't think you should be rushed into booking one. that's why we created expedia's add-on advantage.
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like ever. they reveal in extremes and defy limitations. these pursuits may seem unnecessary. but the scariest thing i can imagine is a world where this, doesn't exist. agent beekman was one step ahead of them. because he hid his customers' gold in a different box. and the bandits, well, they got rocks. we protected your money then and we're dedicated to helping protect it today. like alerting you to certain card activity we find suspicious. if it's not your purchase, we'll help you resolve it. it's a new day at wells fargo. but it's a lot like our first day. maria: welcome back. good monday morning. thanks so much for joining us. i'm maria bartiromo. it is monday, september 10th.
your top stories right now. breaking news this morning, president trump just tweeted this,
the white house is run beautifully, we're making some of the greatest and most important deals in our country's history, with many more to come. trade wins, investors are looking to buy this morning as u.s. companies prepare for more trade negligence othe negotiati. futures indicate a rally at the start of trading. we're look at the highs of the morning right now, dow industrials up 90 points, the s&p 500 is up a third of a percent. we're expecting strength at the opening of trading after market indices closed lower on friday. dow industrials gave up 80 points, the s&p 500 and the nasdaq down a quarter of a percent. in europe this morning, stocks are rallying. take a look at the money moving into equities, cac and the dax index up 1/2 of 1%. asian markets were mixed overnight, biggest loser was in
hong kong, hang seng index down 1 1/3%. wildfires in california wreaking havoc this morning. we have the latest on the fire's path of destruction. amazon is planning another go store, the retailer's investment in brick and mortar, coming up. wild comeback, aaron rodgers' return leads the packers to victory as colli colin kaepernik praises more anthem protests on the football field. all those stories coming up. les moonves is out as cbs. the chief executive steps down after sexual misconduct allegations, following another weekend writeup. moonves' statement reads in part untrue allegations from decades ago are being made against me that are not consistent with who i am. effective immediately, i will no longer be chairman and chief executive officer of cbs. coijoining us now to discuss, je andrew napolitano. good to see you this morning. >> good morning. maria: your reaction to all
this? >> well, cbs would have a very serious image problem on its hands if it didn't react this way. it happened rather quickly. it seems to me it was just about two weeks ago that they engaged a very prominent law firm, i know the lawyers involved, to do a preliminary investigation and whatever they came up with must have shown the board that the allegations are credible, notwithstanding les moonves' and his wife's denials. then of course as they began to negotiate his departure, ronan farrah camp up with another half dozen, one of which goes beyond verbal and goes to an alleged physical assault. it's interesting, our colleague, charlie gasparino, seems to be in the middle of all this some how. he's reporting that he's leaving without a nickel today and they'll negotiate but the negotiation will rise or fall based upon an investigation that has not yet taken place because
it is an investigation of the new allegations that ronan pharaoh revealed over the weekend. maria: we'll see what comes out of this. he was forced to leave immediately. these six women, the additional women, what are they saying now? why now are they coming out? >> i don't know why now they're coming out. one of them alleges an assault. i don't know the details of it, but it's more than verbal. maria: does this change the cbs viacom merger in any way? >> yes it does. it puts it on hold for two years. it was scheduled to go to trial. well not it was scheduled to go to trial, but issues around it, whether or not cbs could dilute the redstone stock is the subject of litigation scheduled here in manhattan for october 1st. the two parties, the redstone team and the cbs team, minus moonves -- moonves is the beast in the night or had been to the redstone team. so with him out, i don't think
there's going to be a trial. i think there's going to be an amicable resolution. >> that's part of the negotiation. there is no more remerger and no dividend dilution. maria: so she wins? >> i would say -- >> you could argue she wins, she stays where she is. she controls 79% of the stock. >> with moonves out, you think that delays merger or potential merger? >> they told the court over the weekend to the extent you can communicate with a judge over the weekend, they told the court or announced, they're going to tell the court this morning, they want a two year cooling off period and then they'll be back there. they are not going to go back there. they will resolve this in my opinion in two weeks. well, they'll resolve it as soon as the moonves issue is resolved. because the redstone folks will have a substantial say in who his successor is.
it's obviously not going to be somebody that hates them the way les moonves did. maria: cbs said it did settle the legal dispute with the controlling shareholders many let me switch gears. we haven't seen you since the hearing or circus of a hearing took place last week with the kavanaugh hearings. i'm told that the vote will take place on september 20th this month and there's a lot of optimism that brett kavanaugh does become supreme court justice kavanaugh. your reaction to the hearing? >> the democrats in my view and lee can speak to this better than i, but the democrats in my view had two goals. one was to pick off three republicans, rand paul, the allegations that judge kavanaugh was involved in warrantless spying and torture recommendations, not personally involved but recommendations to president bush and susan collins and lisa murkowski on the allegation that he secretly wants or believes he can interfere with roe versus wade. they didn't succeed with any of those, so that means they know that all republicans are still
in line. if all republicans are still in line, that means that chuck schumer will release the vulnerable democrats to vote yes. it won't put judge kavanaugh over the top. he'll be put over the top by the republicans but it will remove the kavanaugh vote as an issue in the re-election campaign of these vulnerable democrats. i don't know they're personally vulnerable. they're incumbent democrats running for re-election in the senate in states the president carried in 2016. that was the first goal that failed. the second goal, and we'll talk about this during the break, was to animate the base by being about as aggressive against him on issues dear to the base as they can. this is what led, my friend of 25 years fellow ne new jerseyia, corey booker to engage in what we saw. maria: he embarrassed himself. >> i read the jersey papers over
the weekend. they're giving him the benefit of the doubt. he's popular in new jersey. the benefit of the doubt is he really thought the documents that had been stamped confidential were confidential and he was risking his career to break the rules of the senate and reveal them because he thought it showed another sign of brett kavanaugh that the republicans kept hidden. maria: meanwhile, they were already released. i think he ruined his run for president. what do you think? >> i think people do not follow hysterical leaders. and the fact that he has gotten so angry and so hysterical is not reassuring to folks. it's not going to make them want to follow him. it's going to either make him say, i get he might be on the same page as i am, and i'm froes traited too, but i think -- i'm frustrated too, but i think this was not a good move for him. maria: remember when he took out kir stey kirstjen nielsen, r
silence is -- >> this was either a profound misunderstanding or a gross miscalculation. the editorials i in new jersey y like him. this did not play well throughout the rest of the country. maria: the broader issue i want to get your take on, the broader issue of not being able to get anything done. have you a hearing for a supreme court justice here and as soon as grassley starts welcoming everybody, you've got camilla harris and the others trying to shut this thing down. you're not getting anything done. why would anyone feel like if i vote for a democrat in november things are going to get done. nothing will get done if the democrats take the house. >> i share that view 100%. the democrats must have felt -- they're not stupid people. they must have felt their base wanted them to behave this way. >> no doubt. >> he's going to be confirmed whether you like him or not.
i have a lot of problems with him. but he's a brilliant, decent, experienced person, he's the type of person the president said he would nominate. they couldn't find any flaws and they have to vote. maria: judge, thank you. we'll be right back. kevin, meet your father. kevin kevin kevin kevin kevin kevin kevin kevin kevin kevin trusted advice for life. kevin, how's your mom? life well planned. see what a raymond james financial advisor can do for you.
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cheryl: it's i-5, near the oregon bore decks it' border. it's closed for a fifth day. since wednesday the fire devoured 64 square miles. it's 5% contained right now. thousands of destroyed trees could fall onto the highway that runs from mexico all the way to canada. truckers who rely on i-5 were forced to wait out the fire or take a crowded detour that adds 115 extra miles to their trip. well, amazon get ready new yorkers is planning to open a cashierless convenience store in new york city. they're currently running three amazon go stores in seattle. not clear when or where the store will be but the company has amazon go stores in chicago and san francisco. this is cashierless. you go in, pack up your bag and walk out. shares of amazon higher in the premarket, up almost 1%. then there is the nun, successfully scaring off the
competition at the box office over the weekend. >> i saw a nun. cheryl: the nun is actually the latest in a conjuring franchise, a series of movies, helping warner brothers studios maintain domination at the box office. the nun brought in $53.5 million, a whopping $131 million globally, that's pretty big. crazy rich asians also from warner brothers fell to number two. it brought in $13.6 million over the weekend. pepper mint which stars jennifer garner made 13.3 million. rounding out the top five were meg and searching. likpeople like to be scared. i don't get it. >> i hate scary movies. maria: no scary movies for you. coming up, a wild comeback, we have the highlights as aaron
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maria: welcome back. a wild whip for the green bay packers. jared max has all the highlights. jared: high drama last night at lambeau field. what a game for aaron rodgers many back from an injury, that buried the packers' hopes last season, the packers' quarterback goes down in the second quarter and suffers a knee injury. he had to be carted off the field. packers fell behind 20-0 against the bears. in tend it was a beautiful day in mr. rogers neighborhood, came back into the game and threw three touchdown passes in the last quarter, 75-yard connection
that we'll see with randall cob which gives them the game winning touchdown. they topped the bears, 24-23. remember george carlin's argument that unlike baseball, football gets played in any weather. not so any more. three games this week delayed because of threats of lightning. the dolphins game lasted the longest in nfl history. dolphins won. while kenny stills caught a touchdown, he made a headline because colin kaepernick tweeted support for stills and another player. the only players in the nfl that kneeled yesterday. fewer than 10 protested in all among nearly 1 ha 1400 in unifom protested. no new policy expected this season on the national anthem poll you sigh. in response to nike teaming up with colin kaepernick, a mayor has instructed a recreational department to not buy any nike
products. men's final at the u.s. open, djokovic won to tie pete sampras. serena williams did not win saturday. she lost to 20-year-old naomi osaka and then blamed the umpire for being sexist because she believed he issued her code violations that she said would not have been given to men who would have reacted with contempt or emotion. serena was fined $17,000. the chief of the wta, the women's tennis association, said he believes there should be no difference in the standards of tolerance provided to the emotions expressed by men versus would anwomen and said we do noe this was done last night. it's a story everybody's talking bouts. maria: you were there. >> i was there this weekend. i saw the breakdown on court and people were wondering what was going on. i think in the end, the biggest victim in the women's final is
naomi osaka, her moment was stolen, her first ever grand slam. maria: i agree with you. she had a moment. she won. >> the crowd booed her. that to me is absolutel absoluty unacceptable. jared: the same crowd that cheered for colin kaepernick was that shown on the screen. >> we paid a lot of money to watch ser vena over the years. -- serena over the years. a lot of it is her emotion, her drive, her desire. in the heat of the battle, we've watched it for years in tennis. maria: can you say it was sexism when the winner was also a woman? >> well, i think it's because of what she says, she called the umpire a thief. we know other cam i don't think so -- champions have called the umpire worst. jared: she may be the greatest tennis player -- >> i don't know if it's sexism. jared: she might be the greatest tennis player in the world. i don't think she's the greatest
champion. i think she's proven that again. she needs to look in the mirror when she's losing and not lash out at others. maria: jared, thank you. still ahead, the future of alibaba. back in a minute. at fidelity, our online u.s. equity trades are just $4.95. so no matter what you trade, or where you trade, you'll only pay $4.95. fidelity. open an account today. you'll only pay $4.95. touch shows how we really feel. but does psoriasis ever get in the way? embrace the chance of 100% clear skin with taltz. up to 90% of those with moderate to severe psoriasis had a significant improvement of their psoriasis plaques. most people were still clearer after one year. with taltz, 4 out of 10 even achieved completely clear skin. don't use if you're allergic to taltz. before starting, you should be checked for tuberculosis. taltz may increase risk of infections and lower your ability to fight them.
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but it was pretty nifty when jen showed me how easy it was to protect our home and auto with progressive. [ wrapper crinkling ] get this butterscotch out of here. progressive can't protect you from becoming your parents. there's quite a bit of work, 'cause this was all -- this was all stapled. but we can protect your home and auto when you bundle with us. maria: welcome about back good monday morning thanks for engining discuss happy monday i am maria bartiromo. monday september 10 top stories 8:00 a.m. on the east coast, moonves is out, the ceo of cbs stepping down as more swal misconducted charges surface more women coming forward storming a personal into the merge the stock up 1 1/4% on news broader market looking good futures a gain start of trading we are just shy of the high of the morning nonetheless a gain on dow of 90 points one-third of a percent higher s&p 500 up a third of a percent as well nasdaq up 39 points one half of a percent, this as major
market indices closed lower friday across the board, as you can see, worst dow industrials down a third of a percent 80 points lower in europe a bit of a firmer stance as well markets up across the board, with cac quarante in paris dax in germany each up two-thirds of 1% asian markets mixed mostly lower hang seng shanning manning moving better than 1% apiece peril in paris this morning, seven people have now been injured in a knife attack in city of whites the very latest, as paris gets attacked again, the house that jobs built says it is the china tariffs will affect prices, prices going up what president says could be an easy fix coming up, that is it, alibaba founder stepping down as ceo of the company next moves all coming up this monday morning joining me to break it down our susan lee is here along with ceo managing partner rosecliff mike murphy lee
carter joining us as well. >> great to be here happy monday. >> good morning, maria. happy monday. >> i have trade concerns on mind to resolve asian markets overnight there was over hanging apple by 1.3 million if a company like apple may be revert from supply chain back elsewhere, that is a big concern globally. >> you made a good point that when the president says oh just build phones at home. >> you can't -- not so easy. >> turn ship around. >> no, no, going to take a while because assemble mostly -- all iphones in china the company that does that foxconn just a factory in wisconsin for a few billion dollars they sell to two-year low shows that suppliers there are concerns about trade and ramifications if indeed those tariffs go into effect on 500-billion-dollar trading relationship between china and the u.s. >> you said apple employs 1.-- >> indirectly 1.3 million. >> engineers, all things
related to the production. >> two-year low at foxconn may be because manufacturing is going to happen in u.s. instead of china. >> you think maybe this is going to encourage -- >> i think for sure it will it has to apple needs to make money have responsibility to shareholders to be the most profitable company they can be if ends up cheaper to manufacturing in u.s. that is -- >> president put it out there, from manufacturer phones in u.s. recovering in a in top story this morning, strong economy and tough stance, president trump, threatening tariffs on over 200 billion dollars in chinese imports as united states receives a strong jobs' report, on friday. here is white house deputy press second hogan good to see you thanks for joining us. >> great to be with you thanks so much for the time. >> what is timetable for potential tariffs against china. >> well i don't want to get ahead of the the president obviously i was standing next to him on air force one when he told press school exactly what he was thinking he has billions of dollars hundreds of billions in the hopper ready to go as you know the
president wants equally playing field with trade for china others around the world will do what he can to make sure that happens. >> what would you say in terms of what have we could see next? we know the president has successfully dealt with mexico waiting to see if canada follows suit you've got colleagues in europe this morning dealing with the europeans, what can you tell us? >> well, look, i mean the president had breakthroughs, with -- with president here at the white house with eu, he had breakthroughs with mexico, dealing with canada as we speak, china gets that deal done as well you know we came do bilateral agreement with mexico the president said many times he wants canada in that deal, but he wants the deal fair for americans, if not going to be, and canada does not want to play all about they will have to get it alone the president join with mexico keep that dealing in place he wants more people brought to the table he wants to trade barriers, eliminated gone believes our farmers workers
can compete against anybody around the globe we've got to have tariffs come down, and the president is going to fight for americans, the american workers american businesses to make sure that happens. maria: a are you expecting another deal to be announced before the midterm elections hogan. >> i am not sure. you know, the president has said it is close, i don't want to guess or pontificate what "close" means the president in all trade deals negotiations want them pro-american, he understands other countries have to success too not yint not antimexico or canada he wants them to succeed to can't be at cost of american people that is what he is here to frequent. >> let me ask you about potential looming government shundown if that is still the case the journal this morning reporting congressional leaders expected to secure a deal today on three separate spending bills, avoiding a pash government shutdown by the end of the month will president get fund youing for
the border wall if not in the budget do you think that hurts hypothesis in midterms. >> i think it hurts all americans when our country is not safe, that is what this president swore oathth to protect american people first and foremost wants border security talks about how he wants that whether a border chaul ending chain migration other pillars discussed in the past democrats shoes to shut government down chose quite frankly to stand up for hundreds of thousands of people who are here illegally and unlawfully as opposed to hundreds of millions of americans citizens, that is what blows my mind. it is not worry about democrat versus republican it is about the american people. the president has promised to protect them wants congress to come to the table to provide funding to do that right now we have a porous border the worst immigration laws in the world he made that quite clear. people are poring across the boarde drug loads child
trafficking human trafktsdz into this country very dangerous situation democrats don't want to solve it the president wants a lasting solution. and will fight with congress to get. >> it do republicans want to solve it do you think republicans are onboard with this president in terms of making sure the money there is to secure the border? >> they sure seem like they are they talk about it on the campaign trail, the proof in the pudding you got to put money out in order to protect american people president pran on that elected on that i believe quite frankly a lot of republicans were elected on that, too hopefully they join with this president, to protect the american people that is what this is all about not about limiting numbers or some -- crazy scheme to keep people out of this country the president says he loves immigration just wants it to be fair, wants it to be reasonable wants it to protect american citizens, but also wants to be based on merit he wants people to come to this country, if they want to come here he wants them to assimilate learn language contribute to society, and not be a drain on. >> it do you think the rhetoric coming out of the
president's office these days is a little less in terms of we will shut the government down if we don't have funding for the border wall if money is not there the president last whooek in montana speak to pooeth sounded more raefk we don't want to shut it down before midterm elections that is what er hearing right now. >> i was standing next to him in that interview sand subsequent one on plane ride home he said i do not want to shut down to happen i am willing to fight do what it takes politically to protecting american people. >> no shutdown? >> well, i don't know what form that is going to take i know thet p is going to push protect american people regardless not necessarily about a shutdown before midterm or after it is a lasting solution that is what he wants. >> the intel investigations into what took place in 2016 election year white house expected to declassify
documents former aide carter page what former official ohr knew, lindsey graham was on with me yesterday, here is what he said on "sunday morning futures". >> somebody needs to watch those who watch us. so if upper the president, for transparency' sake for oversight registry department of justice fbi to get a better product in the future would i release this just to show what president obama said about how good his fbi department of justice actually were it is a complete false hooded. >> hogan is the president willing to dededeclassify. >> i want to grailt you puttinging on two south carolinians this morning myself and senator lindsey graham. >> the president is looking into it with curtain is pulled weak we have seen inherent bias highest levels of gi against donald trump and for hillary clinton. the president is looking at
doing this but i don't have the announcement at this time. >> let me turn to "new york times" anonymous op-ed continued fallout my sources are telling me president believes this is coming from national security. what do you think? >> look, i think this person is a coward i think gutless i think did he seatful disgrace full. >> people at eob we come proudly to serve this president this person is at anishing thousands of people in federal government work serve this president openly we are proud what we do the work president has done what is ridiculous about op-ed policy wise person said it was great loved what president was doing didn't like the way he was doing it the president was elected to shake up washington, d.c. done that policies at record pace you
have seen in economy with isis with wage growth, highest wage growth in the past year we had 3% wage growth highest amount of growth in the better part of a whole year, something that we hadn't seen in 10 years incredible what this president is doing for some one to come to this office, every day, who somewhere in the administration, and hide behind some shady anonymous op-ed had have guts to say it is me put your name on it then the honorable thing as vice president pence said step down get out of the building out of whatever office hole you work in because you are not doing the service to american people you are sure not doing a service of this president. >> do you think you are going to find out who it is. >> i think the reporters will probably find out who it is i am not ensure they take a liking to it we have united reports against this person so many told me they want believe "new york times" a pinch record i might add let someone
go off the record post this ridiculous op-ed i think they are looking into it will reporters are going to find out who it is quickly. >> interesting because liberal media is driving, the bus for democrats into midterm elections hogan how tough has it been to -- to basically, set the tone for policy make policy, of course, with congress, in the face of all this resistance what do you expect for the midterms. >> look. given the opportunity to cover policy or -- the media will cover introoeg nine times out of 10 could carry less about gains for average american you see blue collar workers across country front page "washington post" today they've been, increase in jobs first time 30 years setting records in that one too, they just don't want to cover the successes of the president, 93% coverage against thisp is negative he
is able to accomplish record setting policies record setting time, he is completely changed the fundamentals of politics also policy growth and work so many people told when he when president got elected washington, d.c., would shape him change him to some degree this president has done opposite changed this had town as soon as these we accomplish something 10:00 in the morning tweets about root topic off to raes ces on smog i also doesn't pat himself on the back gloat on it keeps moving forward doing more for american people because it is about accomplishments for real people. >> this election is one of the most he consequential we have seen will voters come out because of the economic strength they are seeing or because of what they are reading in the mainstream media? >> i hope they come out because they are not going to believe don't believe you are lying eyes lying pocketbooks more money in pockets more jobs across the country hundreds of thousands manufacturing jobs we were told would never come back are coming back hundreds of thousands construction jobs
this president, is getting it done for the american people, and i think they will vote that way. >> great to see you thanks so much. >> thanks so much. >> hogan at the white house, coming up horror in paris the allocates developments seven people wounded by attacker with a knife, more attacks in paris, jack ma out leaving alibaba details next that has stock down one 1/4% this morning stay with us. ♪ ♪ ♪ (vo) when bandits stole the lockbox from the wells fargo stagecoach, agent beekman was one step ahead of them. because he hid his customers' gold in a different box. and the bandits, well, they got rocks. we protected your money then and we're dedicated to helping protect it today. like alerting you to certain card activity we find suspicious. if it's not your purchase, we'll help you resolve it.
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what happened reports say at least four ambulances arrived at that club, not known if shooter is still at large -- will of more this he morning paris in a knife attack seven people including two british tourists injured during this attack in french capital police arrested a suspect report from afghanistan wonders say armed with knife metal bar not being treated as a terrorist attack. >> back at home get ready here she comes hurricane florence, rapidly gaining strength every hour churning across the atlantic right now florence is a cat two storm, maximum sustained winds 100 miles per hour, but could slam south ether as major hurricane could take cat four status, south carolina north carolina, virginia declared states of emergency. >> les moonves is out. we are talking about leadership change at cbs,
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company promise to make furniture shopping easier at fraction of the price joining us start-up founder bureau co-ceo cofounder steven good to see you thanks for joining us. >> thank you. >> i love the idea that you were in school, you and a friend two students to build this company tell us about your business model. >> so you know how painful the experience can be, the reason why most sofas cost so much, they can bwith ulkwhere can't be shipped small containers we figured out the way to ship high end in small containers allows us to cut out several hundred dollars shipping costs also deliver faster so you can order a couch on line get it within a week or so -- >> are we putting it together when it gets to the apartment. >> you do have to put it together yourself takes i promise you very easy, it is matter of minutes. >> i can't put anything together. >> [laughter] >> matter of minutes will come
together. >> no tools no tools. >> oh. >> i think you can do it maria. >> all right. >> tell me about name why bure bureau a word people knew didn't use every day we can open it to us had sense cozinesevastova. >> direct to consumer mattress company one surviving part about casper amongst mill app group will take your mattress 90 or 100 days no questions asked. >> what return policy. >> if you bought you have 30 days to try it out then you can return it. >> if -- >> 30 days? >> not 100? >> we have very few returns, but ones we do have they happen quickly, i think, with mattress try it out a while see if you are getting good
sleep, you will know right away very comfortable more -- so disclosure i love what you guys are doing with so direct to consumer business now you are are opening a retail presence can you tell us a little bit about that i think really going to help your business. >> yeah. you know for our product in particular, you know, it takes a lot of thought, to purchase a sofa that costs over 1,000 dollars, so we knew very early on we wanted to have a physical space where you can try out the product and for us, another thing trend of all new brands launching experiential stores what we want to do as well customers don't want to just brows they can do it online. we want to create a space for people can organically try out a product, so what i mean by that you can hang out no living room environment read a book coffee or water we have a theatre in the basement you can watch tv.
>> and kind of like really -- >> let me ask you we are talking so much about trade in may you moved production from mexico to mississippi. why did you move production. >> so -- you know we always wanted to produce in u.s. to be honest with you we started the company most u.s. manufactures kind of laughed at us said you are going to use high quality materials ship sofa in a box doesn't make sense you never made furniture before you don't know what you are doing. >> we went to mexico city, through a business school classmate connection, sorted producing there, as soon as we had traction, you know manufactures reached out to us said i think you might be on to something happy to bring to u.s. >> a coincidence not impacted by tariffs. >> it was not impacted by tariffs we did want to produce in u.s. i think just -- it is correct thing to do improve communities that you live
operate in, grew up in north carolina when younger so it was nice to get back down there, and love that -- >> awesome. >> good stuff thanks for joining us. >> we will be watching, check out burrow. >> a new face of alibaba major changes to the retail giant jack ma announces exit we sell you who is succeeding him. >> jim carrey from dumb and dumber speaking out says democrats should say yes to socialism. >> do you love me? o ♪ ♪ do you love me, now that i can dance ♪ ♪ watch me now!
the situation has become a crisis. every week the lines get longer and longer. there are more people who come than they expect because the numbers keep growing. the bible teaches, "blessed is he whose help is the god of jacob." "he upholds the cause of the oppressed and gives food to the hungry. this $25 food box will provide one desperately need family here in israel with food, with hope and with a note inside each of these saying that it is from christians and jews in america who seek to bless them. with your phone call right now a food box will go out to one desperate family in israel. inside the food box is a special note that will bless them and will let them know that america stands strong in solidarity with israel
in their struggle for survival. many of these people are ill, they're sick, they're alone. they don't have the money to afford things that many of us; most of us take for granted. i ask you to please help. go to your phone and tell us that you stand with israel at her time of need. israel and it's people need your help now. you can make a life changing difference by calling and saying that you will give a $25 food box to help a family in need in israel. thank you and god bless you for your support. maria: good monday morning thanks for joining us. i'm maria bartiromo. monday, september 10 top stories right now 8:31 on the east coast, trade winds moving futures higher this morning as
u.s. companies prepare for more trade negotiations, with china. the u.s. representative for trade is also in europe, dealing with mr. juncker on a potential deal for yiernz, market expected to open higher this morning european markets higher take a look ft 100 up a quarter of a percent cac quarante up two-thirds, dax in journey up one half of a percent. >> u.s. expected to open up 80 points on dow, asian markets mixed hang seng in hong kong worst down 1 and a third% les moonves stepping down cbs ceo out this morning, as more charges surface how it will affect the viacom merge plans cbs making legal movers with theatre chain naturional amusement. >> jack ma announcing he will step down as ceo within a year the company next move, right here. >> why actor comedian jim carrey telling people to stop
apologizing for socialism democrats should agree top stories, back on -- former president obama returning to trail over the weekend delivering a diatribe against the successor accusing president trump republicans fueling division resentment. >> it did not start with donald trump. he is a symptom not the cause. he is just capitalizing on resentments that politicians have been fanning for years. when you hear how great the economy is doing right now, let's just remember when this recovery started, it will should not be a partisan issue, to say that we do not pressure the attorney general or the fbi to use the criminal justice system as a cudgel to punish political opponents. >> wow, republicans are including santa clarita senator lindsey graham house majority leader kevin mccarthy
pushed back against obama remarks what they told me yesterday on "sunday morning futures". >> president obama not what you are making up what you are leaving out leaving out the fact your attorney general loretta lynch told gi director, don't call the clint e-mail investigation an investigation call it a matter. you are forgetting told public the number four at department of justice mr. ohr, mr. ohr bruce ohr's wife worked for fusion gps on payroll by democratic party to hire foreign agent to get dirt on candidate trump and russia. >> do you know he had 8 years to try to solve this economy? and high evident growth year still less than the worst year under bill clinton? >> president trump's economy has grown 40% faster. >> joining us is former hillary for america senior adviser joining us with former communications director for trump presidential campaign republican strategist, great to see you thanks for joining
us. >> your thoughts on president obama hitting the campaign trail what you just heard from ken machining car thee and lindsey graham in response. >> yeah, well i am excited president obama -- no surprise i am excited that he is hitting the campaign trail going to -- campaign for a lot of candidates especially those in swing states where somebody like him one top surrogate in the party coming in will make a huge difference might turn the race in their dpaifavor nob on stump than president trump perhaps michelle obama wonderful to see him here in regards to comments by lindsey graham and kevin mccarthy republicans criticized him for historying the trail for some of the things he said in his speech i think guys are panicked, again, president obama, does very well with independents, there is nobody better when it comes to turning out the vote, getting more progressives to polls
what we need in midterms. >> do you think it is oddp obama would say don't politics government agencies what he know that is what he did particularly to many of the gi top of doj go back to beginning of presidency irs targeting conservatives adrien. >> maria i am more forced on message that he advocated not only when he gave the speech on friday when in anaheim california over the weekend. when he reminded us that when we all come together, by the way, republicans as well, when we participate in our democracy our country is better off for it that is what i am more excited about. >> well, it is so glaring glaring what happened in 2016 election brian florida senator morocco rubio fired back after president obama's speech showing it was obama pushed divisivenessness in office rob yu wrote tweets saying this president obama is right it is wrong for president to use divisive language such as, one call on all opponents of same
swks marriage big ots number two call pro-life movement war on women three immigration enforcement advocates racist gop enemy of hispanic rubio pulled out a "from obama to 2008 wrote barack obama on people left behind by new economy quote and not surprising then that they get bitter they cling to guns or religion or an pittingy toward people not like them as a way to explain frustrations. brian your take at any the critique. >> have a pathetic -- senator rubio is right remember one thing, senator obama never had a successful midterm election hollowed out bench for the better part of generation because his policies just didn't work for america. i think it is good that -- is on trail we get to compare policies of obama, to what the future of the democratic party is to president trump, let's look at small businesses look at consumer confidence look at
jobs that were created in areas that have been hollowed out left bund i am comfortable having debate about economy with president obama. >> recovery started under president obama in 2009, but when president trump came in, rolled back regulation, lowered taxes you is a saw a real acceleration now three-quarters of 4% plus growth. >> super charged with policy you see with small businesses, at this record pace that is starting to grow, remember during the obama administration, small businesses creation nearly stopped, that was not help that was hopelessness we see now with a small business middle america is hope and opportunity again with trump's policies we super charged the economy. >> what about the lack of a message here? because i understand you know, you want to see the president president obama come out and sort of be rah-rah for party what are they fighting for
other than abolish ice assist president impeach 45 according to maxine waters what is policy trying to communicate into november. >> actually policy maria is we want to democrats want to raise wages, we want to fix -- >> wages are up -- >> not everyone is seeing it, not everybody seeing. >> it we had jobs number out friday, wages are up 3% year-over-year. >> works are not seeing that we want to raise waiksz figures health care clean up corruption in washington i want to keep in mind here that a lot of the candidates, special elections in america, and ran on protecting health care. so we have a message, yes when you have president trump he knows how to manipulate news cycle every day, it is often hard to get affirmative message out it does exist that is why you are seeing some
localiz localizeed raes red seats to blue strong message on protecting health care raising wages returning washington back to more -- where more -- democrat exists. >> i mean the only message i hear is hate trump. it is race baiting. >> the message is loss if comparisons this election is about results of a resistance, the american people going to look to see what is happened in the last two years say we are happy we are pleased with the progress we want more, and i think the comparison and contrast very important as a result of resistance there is a reason why results matt delivering on promises. >> does that mean you think republicans are going to hold on to the house in. >> i think they are going to fight very hard. >> -- hold on to house? >> listen i hope they do. >> okay. >> working hard to make sure that happens built i think when the reason we are going to do that because results are starting to matter to the
american people, it is an uphill battle to begin with midterms always difficult for incoming presidents that is the way it has been historically, but when you have this president going out in the fall campaigning on his record most presidents mid obama didn't campaign on obamacare health care record, in 2010 when he ran he ran and hid this president embracing this economy embracing success and saying let's vote what matters visit pocketbooks see if things have been better off i think the american public says yes they have been. >> you mpgs local races where democrats have been victorious a lot of democrats that are winning are all the way to the left, and one mevwoone message socialism jim carrey urged democrats embrace socialism we hear from far left candidates
li he -- >> republicans running with word socialism scare people. >> communism. >> we have to socialism to the word everything we have to stop apologizing. >> what is your reaction yes to soe. like jim carrey says. >> absolutely not this is bill maher more progressive hosts if you will, a shoe on hbo number two, yes, we have a big tent party we are winning races, some candidates define themselves as being democratic socialists are win some races it is important to keep that in mind that we are a big tent party a lot of ideas i personally do not do not agree with socialism that is why i support hillary clinton worked on her campaign not bernie sanders. but we are a big tent party, and truly democrats are more in common than they don't -- very large party. >> nancy pelosi was out saying we want to reverse the tax cut plan, me basically said we
want to raise taxes, it is democrats get in get the house and get the majority, they will raise taxes and move to impeach donald trump and move to abolish ice isn't that what they promised. >> i think what democrats will do if we take back house there is a very good chance take back senate we will focus on reversing tax cuts more -- spread broad lowe to all americans as opposed to just those at the top. >> owns -- the top that is just not true. that is a democratic talking point a lie. >> well -- that is that is where you stand maria not where i stand. >> how do you say that the tax cuts only impacted the -- what is your explanation it is not true explain it. >> one might have explanations is that corporate tax cut is permanent and tax cuts middle class permeate not permanent only 10 years. >> the president obama, also wanted to lower the corporate tax rate he said a lot a lot during his term, because when
you lower the corporate tax rate that encourages corporations to increase jobs, why we are at 3.9% unemployment rate. >> well, again, when you look at numbers here, maria, more wealthy americans benefited by this tax cut, than your average middle-class family. >> brian that is the tax cuts were very broad-based in fact a big portion of people pay no tax, and the tax rates go down in every income level up to the top. brian your thoughts. >> listen jim carrey, you know almost rue you understood batman movie series with an not let him ruin america with socialism is good i that is a reality, the tax policy is effective plan i think people are seeing the impact in their taxes almost immediately, i think you are seeing consumer confidence expand, i think the problem with democrats have is they started to pull out playbook say we want to raise wages can say that every year what they haven't done because they have been so focused
trying to beach trump two years ignored economy, wages have gone up if you look at economic school boarding with the democrats sort of hide put hand in sand say this isn't happening only care about impeachment you get view no progress has been made results are resistance has taken place the results are the economy is thriving right now because of strong economic policy, and deregulatory policies to help middle income in orange county anaheim santa ana. >> i don't know how you run on raising taxes, but i will give you this, the taxes on hedge fund managers and -- and others in terms of that capital gains that was one thing that was fought and certainly something that could have been changed should have but in terms of of the overall tax cut plan there is no doubt that it is broad-based, we will keep watching the impact i just don't understand how you run on raising taxes. >> i don't think we are raising running on raising taxes at all.
>> reversing tax cuts plan would raise taxes. >> we are running on protecting health care raising wages cleaning up corruption. >> thank you so much. stay with us back in a moment. so i got an offer on the business, and now i'm thinking... i'd like to retire early. oh, that's great sarah. let's talk about this when we meet next week. how did edward jones come to manage a trillion dollars in assets under care? jay. sarah. so i have a few thoughts on that early retirement... by focusing our mind on whatever's on yours.
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sexual misconducted. >> good morning this is a story that keeps developing and so nowless upon a ves resigned this came on sunday cbs up 3% this morning also satling with shari redstone national amusements control shareholder shari redstone and control of that company the story that there are more allegations, and what will happen to also his package one of the greatest pieces of news we know that he went from 180 million to 100 million to 20 million what would package be? now actually saying in fact, that it could be 120 million if they don't find cause for termination, board changes 13 people onboard left back to you. maria: thank you so much switching gears to stuart varney has been two years since hillary clinton made this infamous comment. >> -- >> you can put half of trump
supporters into what i call the basket of did he deplorables. >> stu to weigh. >> angry now as would years ago as of yesterday. the clip you ran there, was basket of deplorables was worse than that she spelled it out said trump supporters half of racist sexist homophobic xenophobic islamo phobic it will annoyed me i think probably annoyed 100 million americans along with me, look i've got a multiracial family my family we have people from -- look we've got three races african asian caucasian two religions christianity
judaism, ethnic backed eth i don't want yan chinese german news england americaetsets we are a very american family i think very typically of so many american families. along comes the presidential candidate says you just are a bunch deplorables a terrible move really annoyed me i find it interesting that two years on, we now see the return of barack obama. to the campaign trail. i mean like déjà vu all over again isn't it. >> it is certainly did hurt her in election for sure i know you have a lot more in nine minutes time 9 a.m. eastern join stuart after "mornings with maria" pm back in a moment right here.
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employees in fox, fox business raised money to fight breast cancer at susan g. komen race for the cure gerri will i guess led it. >> despite the rain the wind the weather was not great, we had a terrific outing, just amazing support take a listen. >> welcome to the komen greater new york city race for cure on sunday more than 10,000 runners walkers from new york area, came to central park, to a support breast cancer survivors their families, and those in treatment. >> one in 8 women will get a diagnosis in their lifetime every year the event helps people for a number of reasons. >> here we go. >> -- go team gerri. >> the fox team well represented by biggest stars. >> i have a lot of people in my own life as well, who have had scary incidents. >> we are shining this is awesome. >> gerri gerri. >> -- awesome cause.
>> a real inspiration for all of us, pushed and pushed and pushed. so we are out to support her, and the great cause she represents. >> this year those impacted directly include men 15 first responders office workers downtown during 911 diagnosed with breast cancer on sunday we let them ne we care. >> first time i have seen that package we put it together but i haven't seen whole thing together, so amazing, in the end we have raised 75126 dollars. . [applause] . >> and altogether this event will probably generator 2.5 million dollars for breast cancer komen supports research and helping women get mammograms in new york communities i think is such an important thing, if you still want to give www.komen
that's it. i'm calling kohler about their walk-in bath. my name is ken. how may i help you? hi, i'm calling about kohler's walk-in bath. excellent! happy to help. huh? hold one moment please... [ finger snaps ] hmm. the kohler walk-in bath features an extra-wide opening and a low step-in at three inches, which is 25 to 60% lower than some leading competitors. the bath fills and drains quickly, while the heated seat soothes your back, neck and shoulders. kohler is an expert in bathing, so you can count on a deep soaking experience. are you seeing this? the kohler walk-in bath comes with fully adjustable hydrotherapy jets and our exclusive bubblemassage. everything is installed in as little as a day by a kohler-certified installer. and it's made by kohler- america's leading plumbing brand. we need this bath. yes. yes you do. a kohler walk-in bath provides independence with peace of mind. call... for a free kohler touchless soap dispenser