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tv   Mornings With Maria Bartiromo  FOX Business  December 1, 2015 6:00am-9:01am EST

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white water was no different. everybody that studied it, they did a book on it, she should have been indicted. >> maria: more coming up on the impolitic cases this could have on the 2016 race. police officer out of jail after posting bond. jason left jail last night after being locked up since last week, we have more on the story as well. let's turn to markets as well. futures are indicating higher opening. we've been seeing pretty good rally last half an hour or so. dow jones industrial, preponderated to open up about 71 points. s&p also higher, a lot happening this week. investors waiting on manufacturing data and auto sales numbers as well. global risks also on capital spending, wall street journal this morning highlighting economic data of potential sign of slowdown on the horizon. what that means to the fed,
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economy, and your money, coming up. take a look. right now it's higher although the cac and germany lower by a fraction. in london banks are higher in london, ftse 100. the hope for more stimulus driving the action. nikkei 1 and a third percent. >> blocked field goal. only to have it blocked by the ravens who ran it back for the winning touchdown. more later on this morning. state department released hillary clinton emails as part of investigation to alleged use
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of private e-mail server during tenure of secretary of state. peter barns with the details right now. >> it's 51 new hundred private emails. this time state department redacted 329 of them because they retained classified secret information that should not have been sent under state department rules. here is one from may 2010 on iran. the managers held secret talks on the nuclear deal. here is another one about a call that clinton had with netanyahu and under the department rules she said she knew about any communication involving a head of state is automatically classified whether it's marked classified or not at the time. this one is not classified but it is interesting. it is from her daughter chelsea the night of the benghazi attacks in response to her mother's initial private e-mail to her about them. i am so sorry about the state
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department officer killed in libya and the ongoing precarious ness. a painful reminder of how long it took modernism to take root in the u.s. as has been reported later in their e-mail exchange that night, secretary clinton wrote her back that the attack was committed a an al-qaeda-like group contra dicking her initial statement that it was caused by antimuslim video. >> maria: opportunity live senior writer and founder of bold, carry. >> good to see you. you know, it's just the latest, we have at least a thousand emails that were classified that should not have been sent that are national security risk. we don't think that this will not be hurting her. it could be much bigger in the general.
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he surrendered this. questioning her transparency. >> maria: sandra smith, donald trump getting involved. >> sandra: they are going to pounce on this. i'm sick about talking about the e-mail. that's a really good point. when you look at this round seven of emails being released, when you look at -- so they were stamped classified but they weren't classified at the time. the state department did that later on. the exchange of information in these emails, one would have to assume by definition of classified information coming from the state department this was classified information that was being exchanged in these letters. i mean, i don't unhow republicans when you're taking this to the election how republicans aren't winning on this alone.
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>> anastasia: it doesn't seem to be hurting the chances of candidacy. why haven't we seen a negative impact on there? >> they seem to care. another republican attack-dog machine which is hillary trying to paint it as. it's the fbi which is nonpartisan, frankly the obama administration who run it is fbi, they are prosecuting this. it's not right-wing hack job which is what hillary is trying to do. >> jon: how damaging is the revelation that she tells it's an al-qaeda-attack and she turns around and says it's as a result of the video? >> one another thing to add, i think this could hurt her in generals, as i said. >> jon: in terms of election
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what really hurts her is image of ef her lying to the public. people have a hard time grasping classified or nonclassified. if she's telling her daughter behind closed doors -- [laughter] >> maria: general med i did not make a big deal about it. i don't think it was widely understood. >> sandra: does this not show what a skilled politician she actually is. the fact that she's still the leading democratic candidate for the president of the united states when she's facing this type of scandal and as we saw, jon, she didn't avoid getting hit in the polls as far as that -- people viewing her as trust worthy. she took a hit. >> i don't think she's that grate as offense. if they hire or nominate a guy
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or a girl that's very good at against something. hillary is good about defending herself. but she's not per received as someone who is very proactive and positive. >> jon: what does that say about the republican field? >> fractured right now. >> anastasia: democratic voters are willing to give her a pass on this because perceived as republican attack on her, i don't know what your take on this is. >> yeah, i think it is interesting that the primary voters don't care, and i frankly am actually very concerned about that because it is -- it speak to her judgment, she's playing lus -- lucy goosy. what will she do as president in. >> maria: all of the contenders, most of them beat her in the
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general election poll so far? >> sandra: that changes. but most recently. >> jon: we have to see how that plays out. >> maria: absolutely. >> jon: the clintons have been in the public spotlight for so long. for a lot of people as trump said it's just more of the same, we see information but doesn't change the average person's view what they're going to get if they get hillary clinton and image some people are saying w le take that. >> maria: we'll take it. >> vetted, the republican field is much less well known, so it's more of a question mark that way. >> sandra: the fact that most recent fox news polling shows that the economy is no longer number one for the american voter, after the paris attacks it's now foreign policy and national security, does that help hillary clinton because of her experience of secretary of state?
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>> he came across as strong but it's quite shocking because she was the one with the red button pushing it with reset with russia and now we see what's happened. the crumbling of that relationship. we see what's happening with the middle east. i just think it's mind blowing that she has not -- but again, it will speak to the general. that's where the money is. >> maria: that's what ted cruz said. why won't the american public trust you when she has all the experience. she's got experience but she's failed. look at what her foreign policy was. when she was in office and we know that the integrity part of it is incredibly important and also the experience is there but it's a failed experience. sand sapped she's got the knowledge but she herself has had a hard time --
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>> traveling the world is not an accomplishment per say. >> maria: coming up 2016 presidential candidates hoping you spend your cybermonday browsing their online stores as they race to collect cash. wall street parental leave, parents 20 weeks of paid time off. no credit history, smartphone usage will do it. good night sleep tied to interruptions, not just hours. we will tell you later on today. stay was. ♪ ♪ can a business have a mind?
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a subconscious. a knack for predicting the future. reflexes faster than the speed of thought. can a business have a spirit? can a business have a soul? can a business be...alive? .
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>> maria: welcome back, we are following the latest developments out of chicago this morning. police officer officer charged with fatally shooting laquan mcdonald is free after posting bond. >> cheryl: chicago police officer walked out of jail last night after the father posed a 250,000-dollar bond. set bail at $1.5 million. meanwhile today the university of chicago said to resume classes, federal officials charged an engineering student there with transmitting a threat via interstate commerce that caused the college to shutdown for one day. 21-year-old will face charges for online threat to kill more than 15, quote, white devils.
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your holiday shopping takes yo to online stores. offering black friday and cybermonday deals, hillary clinton offered a 5% credit on t shirts, marco rubio offered limbed edition, team rubio shirts, rand paul offered 20% off of christmas mug because nothing says giving to campaign. [laughter] >> maria: i'm not taking notice of this before when candidates sell all of this stuff. you know, pretty creative if they all got here guys. [laughter] >> maria: unbelievable. how was the cybermonday and the weekend of shopping from your standpoint, anastasia? >> anastasia: i think it was better than friday. it's a whole shift. it's not about door buster deals on friday anymore.
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it's about what happens online over the weekend. half of the shopping that consumers will do this season will be online. you look at amazon's earning, if you're seeing the shift in consumer sentiments. consumers are willing to shell out morning, it's just not necessarily at 3:00 o'clock on friday morning. >> jon: it's going to make it a challenge whether it's a strong christmas sales season or weak christmas sales season. this is a weak season, but so much is happening online that -- it's going to take a while to sort it out. >> anastasia: talk about the difference in performance. if you look at the retailing sector, it's up quite a bit for the year, there's only 4-5 stock that is are up in the sector and those are in it at retailers. amazon, netflix. >> maria: look at wal-mart losing a third of its value
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large retailers have lost a lot in market. >> sandra: it's going to be so hard to assess the season, half of the sales online, one of my first jobs on wall street was researching retail stock and i remember i was a young kid with one of my first kids and they used to send me out to the stores to get an idea of what people. >> buying and lines were long. you can't do that anymore. what do you use now to get an idea, get a sense of what stores are doing well and if the consumer is spending. >> maria: that's a great point. >> anastasia: maybe use the market. macy's this year alone is down about 40% for the year versus amazon that is up. >> maria: more than 100. >> jon: we have to watch credit card transactions too. we have the see how much money is coming out of the accounts. >> cheryl: you can't tell me
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that target and wal-mart and neiman marcus didn't lose money because they had problems. >> maria: that's a big deal. we are watching markets this morning. cheryl, thank you. we will take a look. we will tell you about it. back in a moment. ♪ ♪
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it's gotten squarer. brighter. bigger. it's gotten thinner. even curvier. but what's next? for all binge watchers. movie geeks. sports freaks. x1 from xfinity will change the way you experience tv. >> maria: welcome back. russian vladimir putin making bold accusations in paris. mr. putin call it had downing of a russian jet a huge mistake, quote unquote. turkey was protecting oil trade
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with islamic state. >> phil: it's a little bit higher but because of stock market. there's stock about political risk. this is a very serious charge for energy, no doubt about it. so serious that the turkey's president said he would step down if these charges were proven. it's not just a little bit of oil we are talking about, president putin is alleging that they're moving oil on an industrial scale, isis, through turkey and if that is proven it's be hard not to prove if it's true, there could be a major change in the nato country . the opec meeting, any comments coming out could move this market one way or the other. a lot of pressure of saudi arabia after a year of production work. >> maria: all right, phil. phil flynn in chicago. let's talk about that. lot to talk about the economic front this morning.
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>> i think it's obvious that isis is going to be trying to use the oil that it cols to its advantage, they're going to be moving it somewhere. turkey is a place where they can try to do it. i mean, i don't know enough about this particular issue to say whether it's happening or not, but they are a very well-funded state and that's one of the problems that the world is having with them and the money a lot of it comes from oil. >> maria: debate sandra about why we are not attacking the money around isis. why we are not going directly for the oil projects, directly to where they are making the money given the fact that this is the most terrorist groups we've ever seen. >> sandra: isis has used to smuggle oil out of syria and producing it and selling it on the black market and other regions. it was something just over 100 trucks. isis has control over a thousand of these trucks that they have
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been taking oil out of the region. that's a huge focus. i agree with phil flynn, opec is going to be everything, oversupply is an issue. it's ready to do something. fourty-two dollars a barrel. it just -- >> maria: it's going higher. >> sandra: everybody feels that this could be a big catalyst. >> jon: i don't see how it's going higher whether you have oil wells and new supply. >> anastasia: i think that's the point. oil is suppose to be low for longer. >> maria: around these levels. answer an we could see either go political risk premium come back into the oil markets so that could push us higher or maybe we see more of a supply response from the united states. the issue that i still have with this, we look at this week, opec is going to be the biggest wild card, we have iran whose sanctions are probably going to
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be lifted this month or next month, if that's the case, that's additional $1 billion of barrels. >> maria: they did last week, though. yeah, go ahead. >> jon: the prices are oil are down not up. the new supply coming up and all of the soil sitting in the u.s., it's hard to see. there's a lot of geopolitical risks today. >> sandra: the changes in the global currency, that's only dollar positive. >> maria: i was going to ask you about that. imf adding currency. the euro's worst year. in other words, the euro is the loser in this inclusion. >> anastasia: that's exactly right.
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to accommodate the reduction has come from the euro and the british pound. so, yes. >> jon: i think the looser is uwan, capital funds moving outside the country. the currency came overvalued when it followed the dollar up in the years. if the fed raises rates we are seeing pressure. that's what i'm looking at. >> maria: the basket will drop, the currencies waiting makes the euro lower in terms of inclusion in all of the currencies, that's why -- >> jon: right. answer an more of a political statement than what's going to translate in shuffling of reserve. the weight of the euro and pound have been in favor of the uan. the chinese government may not want to prop up the uuwan the reason they want to include in
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basket is because the reserve managers and money managers will tart to allocate money. in order to to entice them you have -- >> maria: opec meeting you say is the wild card of the week. president obama trying to convince the country that the fight against isis is tie today climate. back in a moment. ♪ ♪ i've been called a control freak... i like to think of myself as more of a control... enthusiast. mmm, a perfect 177-degrees. and that's why this road warrior rents from national. i can bypass the counter and go straight to my car. and i don't have to talk to any humans, unless i want to.
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maria: i am maria bartiroma alleges december 1st, with me is sandra smith, jon hilsenrath and jpmorgan fund's anastasia, top stories answer:30 on the east coast, president obama siding with francois hollande, taking a break from the climate change discussion in paris and focusing on the war on isis.
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president obama taking time to meet with vladimir putin on syria strategy. the president will hold a news conference we will take for you live at 8:40 eastern this morning, stay with us and we will take you to paris to hear the president's comments. the latest batch of president clinton's personal e-mails yesterday brings the total e-mails classified information to and nearly 1,000. let's watch markets, we expect a big open on the upside, down those real seeing a gain of 85 points, nasdaq and the s&p 5 funded opening higher this morning as we see many move into equities on a big week for economic data. investors waiting and manufacturing data today along with auto sales numbers but later in the week the opec meeting, ecb meeting and jobs numbers friday. local risks weighing on capital spending, wall street journal reporting recent economic data shows potential sign of the slow down on all or rising.
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a lot of people wonder if we will see a recession in 2016. checking global markets europe and a major averages mostly higher, the s&p 100 higher by 41 points, the banking sector in london the stress tests. the more stimulus driving the action. the stimulus package, bad news for morgan stanley, the plane reportedly about to cut hundreds of jobs from the fixed-income and currency divisions amid weak trading value. we are watching bonus pools stay stagnant and upset in the financial service industry continue. deadline for pr, the commonwealth has until the end of today to make up $355 million bond payment or face default, congress holding a hearing on the matter later this afternoon. france launching an ambitious
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effort to fight global climate change. president obama spoke at the conference yesterday and explained why addressing this issue is so important now. >> the united states of america not only recognizes our role in creating this problem but we embrace our responsibility to do something about it. maria: joining me is u.s. army general robert scales, joining us is fox business network's dagen mcdowell. good to see you, thanks for joining us. i understand i think what the president was trying to say which is if we cancel the conference would have been succumbing to isis, the we are scared, want to keep doing what we're doing and living our lives so we keep the conference on on climate change but the skeptics are all out there saying obviously this is not a strategy to get isis. they are not looking at the climate change conference thing. i am burned because world
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leaders kept up the conference. how do you see it? >> let's be very clear about the facts. i have a ph.d. in military history from duke university, studied it all my life and i know of no instance in the history of the world's, the history of human conflict where a war was either begun or terminated based on the temperature of the air. that statement that there is a connection between climate change and human conflict is absolutely bogus. environmentalists have been trying to make it for years. remember during the gulf war they set of we bomb kuwaiti oil fields there will be at huge route that will encompass the world and lower global temperatures, it never happened. there is no connection between that, never has been and anyone who says there is is dealing with voodoo history. maria: is he trying to justify keeping up the conflict in the face of all this renewed
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terrorism action? yesterday we heard there was an imminent attack 48 hours away from officials in afghanistan, a week ago we saw major attacks in paris. >> first of all i don't think isis is going to go after world leaders. imagine the level of security in paris. sadly isis is going to try to kill the innocent, trying to kill people in restaurants and bars and theaters who are least expecting it. i don't think there's any serious threat to the climate change meeting. however your point is well taken that this focus on environmentalism and climate change and air temperature is taking away the focus from the real fight which is against the taliban and isis and in afghanistan and iraq. soldiers worry about being too hot, they are more worried about being shot by the taliban. dagen: this is a choice by the
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obama administration and the president himself to -- he does believe climate change is a greater threat than the threat of terrorism. this is a quote, the growing threat of climate change could define the contours of this century more dramatically than any other and we have seen certainly the creation of a vacuum in the middle east. >> that is absolutely not true. there is no evidence whatsoever for those connections which is whistling past the graveyard. if we devote one single dollar away from supporting our soldiers in combat and the flight that over to stopping war by lowering global temperatures we would be doing our men and women in uniform and huge this service so i want to press this point a@. the argument i am hearing from this side that would is happening is drought is causing movement of populations and
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conflicts in places like syria, not the temperature but the presence of route. do you see any evidence that climate change is causing drought which is causing a refugee crisis? >> unrelated. human misery does not lead to war. historically human history leads to human misery. those nations that go to war go to war for because of miscalculation, because of who press, because of wacko national leaders, hitler didn't invade poland because he had a hot summer. human migration, tragic though it is throughout the planet leads to populations that are worried about surviving, not worried about starting a national war. maria: it is extraordinary we are trying to tie these two together. the fact is we are at a moment in time when the world has become much more dangerous. you grew up in russia and you have known vladimir putin very well. when he said to turkey was a
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huge mistake to down our plane i believe him. i believe there will be consequences. >> there are consequences because he did impose sanctions on turkey, he forbids russian tourists from going not only to egypt but turkey so absolutely there's a consequence there and the issue is i am not sure the plane crossed into turkish territory or not we know that so if that is the case than what sovereignty right was violated the turkey was trying to protect. dagen: what about russia connection? >> let's cut to the chase here. what is vladimir putin concerned about? turkey of course not. he is concerned about nato. vladimir putin said the greatest threat to the russian empire is the presence of nato and anything he can do to read the alliance by blaming turkey for thing they get to do, by exploiting the infusion of refugees to split nato alliance over who should take or who should not take refugees this is
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all a secondary effort against his main enemy which is the alliance between the united states and western europe. if he can break that he can get his way in western europe. the most important thing for the president to do is not lower global temperatures but to keep nato a viable military alliance. maria: good to see you, thanks for waiting in. we appreciate your time, thank you, president obama will hold a news conference from paris. we will take you there live on fox business network. the president is expected to take the microphone at 8:45 a.m.. avalanche next-generation iphone is a you're a but rumors circulated of a major change and nicole petallides is on the story. nicole: people are interested in this what did they will like this because apple had never ending quest to make it smart phones thinner may soon cost you your favorite pair of head phones. this is according to a reliable source cited by japanese --
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apple will be getting rid of the 3.5 mm head phone jack. standard on the iphone for years. instead iphone 7 customers will need to use. to head phones or by an adapter that plugs into the lightning port. it is all part of apple's effort to make that device and a. their recent history holds true they will likely unveil the next-in the fall of 2016. there are other reports you may be able to swipe with a glove on it. it might be more water resistant. the head phone, to deal with the. to for this one. maria: same thing when you look at the chargers. more money on the charger, spend more money on the head phone. not good. because of proprietary technology, head phones are not a proprietary technology, it is a universal adapter.
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universal port. how about improving the battery life rather is an making -- >> phone battery stinks'. died of this phone but it is constantly out of battery. i am adding to it. dagen: the whole glass broke. maria: that your day every day with nicole on "fbn a.m." at 5:00 a.m. eastern. the early reviews are in, cybermonday one of the biggest ever, we break down holiday winners and losers, there were a fair amount of losers, back in a minute.
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maria: the state department release its largest batch of hillary clinton e-mails at verbage cheryl: good morning. all this happening, this brings the total number of e-mails known to contain classified information to nearly 1,000. the latest bad shows clinton and secretary of state dealt with a complicated politics of the arab spring and questions about her role in a deadly 2012 benghazi attack. also note this, at&t customers grandfathered in to an unlimited data plan are out of luck, starting next year there was an extra $5 per month going to be charged if you are looking to browse the web without limits on
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your phone, in addition to the calls you've hey if you are an at&t customer. don't take away the phone jack. i am really annoyed by and that. maria: turning to the holiday shopping season new numbers from adobe. cybermonday making the single largest online sales they ever. which retailers were the winners and losers? want to bring in the director of consumer research, good to see you, thanks for joining us. assess cybermonday. >> there is no longer black friday so much so that used to be shoppers used to go in the store and field impulse buying because of limited time to buy everything. now because promotions are moving on line, there is time to gauge and do comparison shopping before the transaction so everything has moved on line and
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it has become the biggest shopping day as opposed to black friday. >> we were discussing how do you assess the consumer landscape in an environment where there are only shifts going on, people are not shopping friday, but throughout the we get online retails. how do you assess the health of the consumer and how the season is going? >> the biggest number of analysts estimates compared to many other competitor out there based on all of these analystss were able to assess how online shopping is going. i have been going to stores for ten years and it was empty. discounts were not as fd, it is very small. talking to the consumer you can see everyone is speaking the convenience of shopping from their cowshed mobile. >> is this going to be a bad christmas? in terms of spending? >> we're looking at 1.3% growth
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for the holiday season and this is weaker than last year, that is not good. it is a healthy consumer spending. >> i find interesting the retailers are not necessarily offering the same number of discount they have in years past even though we know there's a glut of inventories, you walk through bloomingdale's and there are coats galore so why is that the case? >> they have moved deals on line because they know the shoppers no longer coming to the stores often as they were before a this is why it is important for a retailer to have a and on the channel presents. look at target which was an unexpected winner, they were able to have consumers order online and pick up a store which was up 35% by 6:00 p.m. on thanksgiving, employees should directly from stores to a consumer.
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the flexibility for the consumer availability, instant gratification. if you want to -- -- >> what is the big seller. apparel struggle the last few years, electronics, video games, where rebel technologies, and leisure is here to stay. such a hot item right now. athletic league. didn't advertise for cybermonday. they didn't have to because they know the shopper will pay full price. >> a number of retailers, in the next couple quarters doesn't look so great. the guidance is not there. >> we received a significant amount of negative guidance from the beginning of november. we received 12 negative guidance and today we have 40. retailers telling us inventory
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levels are very high. don't expect much from them from earnings this holiday season. >> that tells me don't shop until the week will for christmas. deals are going to be great. i will tell my friends wait until after christmas. thanks. thompson waiters. giving tuesday, best strategy when it comes to charity and giving back, we will be right back. can a business have a mind?
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a subconscious. a knack for predicting the future. reflexes faster than the speed of thought. can a business have a spirit? can a business have a soul? can a business be...alive?
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maria: today is giving tuesday, international cyberdave charitable giving and if you plan to make the nation's land next guest has a few tips to share. carol crockett as $73 billion in management, thank you for joining us. how have you assessed end of year in terms of giving this year? >> there's tremendous interest in giving an end a year, there is every year. this is the kickoff with giving tuesday. we will probably see a continuation of the trend we have seen. maria: how big is giving tuesday? how charitable are we on this tuesday? >> people have been giving a great deal on language is what giving tuesday is about and it dramatically increased over four years giving tuesday existed.
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maria: toward year end you see you have a stock you held, tips you can share with us in terms of what makes most sense for people? >> year end is when people take stock, figure out how much income they have and how much they can give and give depreciated stock if you held already for more than a year, when you make that gift you get the same deduction you would for cash but you will never pay the capital gains tax on the stock. >> how have you seen people's behavior change since the financial crisis? are we seeing more giving these days that the economy has improved in the stock market? >> giving has been going up year over year 5% year for the past couple years. you have the charitable trifecta, affluence from stock grows despite the last six months and higher income-tax rates but generally translate to greater tax savings and for a few kind of charitable giving
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low interest rates are helpful. maria: the big conversation is tax reform with presidential candidates, if we see taxes go up with potential hillary clinton victory they might see lost charitable giving. do you see the direct translation if ever tax hikes for the american public that charitable giving would go down? >> it depends how badly it hits people's pocketbooks because higher tax rates mean greater savings when you make a charitable gift your deductions a view more. on the end we see charitable giving spike up as taxes go up because it is a great tax savings. maria: good to have you on the program. next hour for national security adviser to vice president dick cheney will be with us, telling us why vladimir putin is getting what he wants out of president obama. we are back in a moment.
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maria: i am maria bartiroma, tuesday december 1st, joining me is sandra smith, wall street journal's chief economic correspondent jon hilsenrath and jpmorgan fund's anastasia the first top stories on the east coast. president obama dining with french president francois hollande taking a break from the climate change conference focusing on the u.s. as the u.k. is likely to join u.s.-led air strikes in syria. president obama taking time to meet with vladimir putin on a serious strategy in paris. the president will hold a news conference we will carry live on the fox business network. stay with us as we take the president's comments live from paris. the latest batch of hillary clinton personal e-mails were released by the state department bringing the total number of e-mails that have classified
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information on them to nearly 1,000. donald trump wasted no time attacking clinton following the release of data. >> we can't pick a woman who is totally embroiled in scandal for her whole life. whitewater. the thick of it. whitewater was no different. everybody studied it, they did a book on it, she should have been indicted. she should have been indicted. maria: more on implications this could have, a higher opening for the broader averages, waiting and manufacturing data and auto sales numbers looks like we should be a gain at the open of 70 points, nasdaq up 18, escambia eight points, global risks are weighing on capital spending, wall street journal reporting recent economic data as potential sign of slowed down on the horizon. what that means for the markets, the fed and your money coming up, global markets look like this, major average mixed, the
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s&p is up 33 points up 1/2% and that is led by the banking sector, stress tests and a number of banks passing those tests, banks are higher leading to the broader average. cac quarante at dax index lower, gains across the board, more stimulus driving action there and there is this. >> it is picked up by will hill, raising, will hell is going to win the game on a blocked field goal! maria: stunning victory for the buffalo or ravens, going for a game-winning field goal. as time expired only to have that blocked by the ravens bringing it back for the game-winning touchdown. the top story president obama just over an hour from now will hold a news conference from paris live where he has met with scores of world leaders including russia's letter written regarding the isis
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threat. boat presidents signaling a willingness to forge a political solution to the civil war in syria. want to bring in national security adviser john hannah joining us right now. good to have you on the program, thanks for joining us. what are your observations out of this paris summit in the face of isis? >> i don't see much movement at all. the president putin met for half an hour with translation, talking about 15 minutes, not much got done, no indication that vladimir putin is going to give up on the bashar al-assad regime so long as it is there, it is the incubator for radical jihadists, sunni terrorism in syria and throughout the region. we are still at a stalemate, no political solution in sight. maria: what do you think should be done? >> before you do anything you need to change military facts on the ground, vladimir putin is dictating the terms of any
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possible political settlement in syria, killing rebels that are associated with the united states, pumping in huge amounts of very dangerous military equipment into the syrian theater. he has now got an anti-aircraft system on the ground inside syria that puts all u.s. planes flying in turkey in syria at tremendous risk, he is changing dramatically the way the u.s. is able to engage in syria. we have to change that on the grounds by getting real attraction against isis and getting traction with these serious rebels fighting the bashar al-assad regime. maria: agreement as to come by because of president obama and vladimir putin but is there anything the two powers can agree on as far as finding isis? earlier last hour we talked about maybe bombing of oil supplies isis has. could that be a strategy that forges that agreement? >> that is something we have
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done. the problem with any sort of impression of a u.s. alliance with russia is russia is the primary backer of a bashar al-assad regime. they are doing that with iran, the terrorist organization, lebanese hezbollah, they are part of a sectarian war against sunni muslims inside sienna and in the region and as long as you are doing that you can strike isis targets but you are not going to capture the sunni population, the center of gravity that will happen, eventually take and hold ground for radical jihadists and also getting a solution so working with the russians might get you more military strikes but not any closer to resolving the gaping wound in the heart of the middle east that is syria, driving out all of those refugees into europe, destabilizing an entire continent and. maria: the addition of british
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warplanes would dramatically up the fight, that would be a welcome addition, but as you look at our current u.s. ground forces, we don't have them but we know we do, the big conversation, a big political talking point with our 2016 candidates, do we add more u.s. ground forces and if you say yes, how many should we? >> all the generals we respect, jack king, general david petraeus, general matters, all of them say you cannot defeat this enemy, isis, accepted by having boots on the ground. does that have to be all american boots? of course not but there has to be american leadership in this. we have 3500 iraq already, people are talking about 10,000, but that has to be part of a much larger contingent. it has to also include regional
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states, arabs as well as local sunni allies which is why rather isn't sitting in paris talking about climate change for several days you wish the president was also mobilizing some kind of international conference and coalition both states in the region and europe and asia who are going to come in and help us eradicate this threat of isis before it strikes us again including in the homeland. >> in this presidency that is not going to happen, we won't get. on the ground, where does that leave the next president? how do you assess the choices the next president has to make? >> only thing i can tell you is there will be worse points of decision that we face right now. that has been the history of this conflict that every single phase year after year. we are going to have fewer adoptions to actually advance and secure american interests. we have to wait another 15 months.
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god knows what is going to happen in terms of further attacks. isis has clearly got its eyes set abroad, on hitting us in europe, hitting us here in the homeland and if that happens i think even for an obama administration all bets are off on what we will have to do to take care of this problem, take away the territory from which a plot and plan to hit and destroy the united states and our allies. maria: this gets a lot worse. >> no question. we are on a very bad trajectory. maria: good to have you on the program, thanks very much, see you soon, the state department releasing thousands if hillary clinton e-mails as part of an ongoing investigation to her alleged use of a private e-mail server during her tenure as secretary of state. peter barnes has the story in washington. adam: 5100 new private e-mails at sp department has retroactively redacted 329 of
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them because they have classified secret information that should not have been sent under state department rules. here is one from may of 2010 on iran, of the year the administration held secret talks with iran and the nuclear deal. here's another one about a call secretary clinton had with israeli prime minister benjamin netanyahu in 2010 and hundred department rules she says she knew about, any communication involved in a head of state is automatically classified weather is marked classified or not at the time. this one is not classified but it is interesting. it is from her daughter chelsea, the night of the benghazi attacks in september of 2012 and responds to her mother's initial private e-mail to her about from. lc road, quote, i am so sorry about the state department officer killed in libya and the ongoing precariousness of egypt and libya. such an anathema to us as americans and a painful reminder of how long it took modernism to take root in the u.s..
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as has been reported later in their e-mail exchange that night secretary clinton wrote her back that the attack was committed by an al qaeda like group contradicting her officials statement that it may have been caused by an anti muslim video. maria: peter barnes it washington, at&t leaving customers with kohl in their stockings. here's a look at headlines this morning topping the wall street journal, russia state-controlled media taking aim at turkey. you knew that was coming, samsung's new mobile she facing an uphill battle as ethanol companies get a boost from you as quote ups. all that coming up. we will be right back.
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s maria: chicago police officer charged with murder and 17-year-old laquan mcdonald is free on bail, cheryl casone with more on that. cheryl: good morning. officer jason van dyke released from county jail after posting $150,000, 10% of the $1.5 million bond, 10 protesters were issued citations as they kneeled in the street outside city hall calling for police reform. the obama administration state governor person report would be killed in frustration about refugees who have been resettled in their state this year. 2 dozen governors most of them republicans vowed to block efforts to resettle syrian refugees interstate following the november 13th terrorist attacks in paris. 2200 syrian refugees have been allowed into the united states.
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at&t customers grandfathered in for unlimited the plan are out of luck. starting next year extra $5 per month will be charged if you are looking to browse the web without any limits. those charges in addition to what you pay for text messages and phone calls. we are also addicted to our phones, a bus on the enduring this show. but people are hitting those data usage limits more and more because of all the apps dance training and everything we are getting and phone companies are saying the a minute. cheryl: you think you have unlimited data until you use the unlimited data and then you don't have unlimited data. cheryl: phone companies knows that most of us don't keep close track of our phone bills of the avenue of the end of you don't notice it if you do it takes a lot of time to get on the phone, call the and, as you want this war that.
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a have authority one to s. >>. >> i travel a lot. unlimited is everything but the message is if you exceed five gigabytes of data and this fee will be reduced but the reality is it i get a message that tells me you pay more for it what will lead to us about it? and nothing. >> if you read a message and processed it. >> the ask questions and are rushed at&t and i entered after a while i am having a confrontation with somebody, finally the question stopped, i said i am done with this. really. highly sensitive the question. is true. finally i was like -- i am sure
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i am speaking to a robot. >> for me this is going damage to resources family conflict because we are constantly telling our 15-year-old daughter get off your phone, you using too much-awaited a rack of these fees there will be fights on the horizon. maria: we will see, thank you for raising this issue. the best team in the nba and looks to extend its run behind league mvp, up next with a short -- sports headlines you want next. tucson.
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blew an amp.but good nights.
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sure,music's why we do this,but it's still our business. we spend days booking gigs, then we've gotta put in the miles to get there. but it's not without its perks. like seeing our album sales go through the roof enough to finally start paying meg's little brother- i mean,our new tour manager-with real,actual money. we run on quickbooks.that's how we own it.
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maria: welcome back, monday night football ended in a wild plant and one in the team is undefeated, sports reporter with the details. >> 20 years ago the least art modell from the cleveland browns decided to move his team to maryland and they became the baltimore ravens. the browns were reborn in 1999 and last night the new cleveland browns hosted the old cleveland browns. this is a place you probably did not expect. the injured quarterback brian hoyer of the cleveland browns goes down with a collar bone injury so do you turn to johnny manziel? no. he is relegated to third string for the browns returned to austin davis instead and he hooks up with travis benjamin for the 42 yard touchdown with two minutes to fly and baltimore
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returned the ball to its next possession setting up the cleveland browns to attempt a game-winning 51 yard field goal. >> it is blocked, it is picked up by will hill, will help raises it, will help, the bronx field goal. >> blocked by brenda irvin, scooped up by will hill and take an 64 yards to pager, it is a walk off win in the national football league, the ravens do it. they already have the nba record for the best start to a season, golden state warriors trying to get a 19-0 last may. fourth quarter in utah, raining league mvp keeps his team in control of this contest that still the utah jazz have a chance to win this game. in the closing seconds, will they get it? not going to be the case. as the warriors with a 3-0 in front, and utah unable to pull
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things off, stefan kerri is in the final moments and able to secure the victory for the warriors who are 19-0. you want to see kobe bryant play one last time? it is going to cost you. since he announced sunday this season would be his last ticket prices to lakers games have caught fire. forget about tonight's being. in philadelphia, what it will cost you to see him play his final game in los angeles, portside seats, $21,000. you could buy 21,000 television props probably for that. you could pay for your child's college education for that. or you could gambles that somewhere else or you think isn't that a gamble? who knows? he is retiring early because of his injuries, because his body is so beat up, you are banking
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the lot of money assuming he will be healthy, what of all he does is come out in a suit and tie? how do you short kobe bryant, final game of season? you have kept training status. tonight there is philadelphia tonight. cheryl: people love to be part of sports history. >> lakers are 2 and 14, 76 ears are 0-18 and tickets for tonight's game are through the roof, higher than they were yesterday. we discussed the cheapest ticket you did find was $100, just so you really, two of the worst teams in basketball. dagen: the final game. thank you. straight ahead, forget star wars, dc comics building blood around the batman vs. superman movie due out in 2016, details next.
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gains across the board, the hope for more stimulus driving the stimulus, up 1-3/4%, and the
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gate 3%, employees at morgan stanley, the bank wanting to cut hundreds of jobs from fixed income and currency divisions amid weak trading revenue of fixed-income and morgan stanley. it is deadline date for puerto rico. the commonwealth has and the end of the day to make a $300 million bond payment or face default, congress is holding a hearing on the matter later today. hillary clinton calling for $275 billion in federal spending to fix bridges, roads and tunnels, part of a monthlong focus on job creation but not just clinton. of the candidates talk picking their plans to create jobs and bring business back to the united states. with more on this hall, good to see you, the ceo of legendary restaurant bands, thank you for joining us. >> you are welcome and before we start i have to tell you a great job you did with the republican
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debate, very classy, very professional. maria: thank you so much. let me tell you about a state of small business today. what we hear from managers of business, large and small obamacare, regulation, have really hampered their ability to grow. how do you see it running in such a successful business? >> there on the fly, competitive environment has never been tougher let alone the increased regulations we see from all kinds of different mandates whether it is obamacare or over time for managerss or the minimum wage debate that rages on and on. a lot of people don't understand a small business owner is dealing with a very slim profit margin. a lot of people focus on bigger names like mcdonald's of the world, panera brand of the world, how about franchisees' that buy into your brand, and
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very slim margins. the government puts more regulation, not just the regulation peace but costs of compliance that leads into the profit margin and make it more difficult for us to generate the profitability necessary to grow the brand and provide jobs for our employees even when we talk about the minimum wage no one put forth a notion that any of us, want to pay our people that are the heart and soul of the brand a fair wage is ridiculous. it is a way to do it. it is not unilateral. you have these mandates and $10 to $15 to $19 an hour, $40 a year job. the small business owner can't absorb that. maria: hi regulation and higher minimum wage pressure coming at
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you, that won't be an incentive to create new jobs. as a business how many employees to you have? >> about 10,000 altogether. maria: if you have more than one hundred employees and that changes in 2015, you have 100 employees you are forced to offer health care benefits. >> correct and there is the joint employer debate about a franchiser and the franchisee where there is that discussion going that of a franchiser should be as responsible as a franchisee for their administration of wages or overtime. it is a crazy notion that takes away the fabric of providing the franchise and opportunity to be in business for themselves but not by themselves.
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maria: we are all talking about this and understand -- you mentioned the debate and this is a cute talking point, taxes, regulation. who do you as far, large business employing thousands of people, who do you see as the most business friendly candidate right now? >> i will take this a different direction and go with a ticket because i really like john kasich and his experience and really like marco rubio. and his energy and knowledge of the working man. many times talked about his own parents that came over from cuba and worked their way through in the hospitality business. both together make a powerful dynamic to address the wage situation to address obamacare and overregulation, to simplify
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tax codes, to reduce corporate taxes. the power of both of them together is not only overwhelmingly positive for business but i love marco rubio because he is perfect for -- we have great beverage programs, great food jetblue edge satisfy his first. maria: picking up the water. real quick, can you characterize business in terms of suspending consumers? >> i see the consumer confidence waning. i love the way pundits are going along and talking about everything rosy and rates. raising interest rates, i wish they would talk to somebody, working out in the field whether it is hospitality or any retail, disposable income has not gone up, maybe wages have but costs of gone up, costs of housing,
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cost of groceries and that affects the disposable dollars that is going to be used for eating out and enjoy yourself at a casual dining place. maria: raising rates in the face of a slowdown. >> you don't just take it from $7 an hour and a move that all the way to $19 an hour, it is getting ridiculous and not looking at the full impact, anybody did something called pro-forma or profit and loss statements and put these into businesses and see these politicians will see there are slim margins that bring to people providing these jobs into a loss category, closing those businesses, what i see for the future i see a lot of dark space, businesses going under, if there isn't anything done to
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address these mandates and compliance of the regulation to hurt our businesses. maria: we appreciate the impact, we will see you soon. turning to the holiday shopping season one your take on that, don't raise rates into a slow down. maria: he has a come back. >> it means eat in italian, running a restaurant business, perfect name for that business. maria: should they raise rates into a slow then? >> disposable incomes are not rising because wages haven't been rising. inflation, talks about cost of food and cost of housing, measures of that are very low so the real problem is wages, not inflation. maria: something to watch,
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seeing any wage pressure? minimum-wage may not be the way to go but needing to pay employees more. >> and retailers and restaurants, harder to get more skilled workers and pushing wages up a little bit. maria: new numbers, cybermonday smashing previous records. jo lin kent with that part of the story. jo lin: numbers are rolling in expected to be the best ever totaling $3 billion in spending, that will be a 12% jump from west year. amazon tells fox business more than 500 orders were placed yesterday, but the biggest gross was thanksgiving day. online sales, 25%, $1.7 billion and black friday sales grew 14% which is cybermonday's increase that the uncertain future of who is shopping on cybermonday as
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not hurting amazon. stock is up 114%. maria: what a performance. comic book fans rejoicing. annuities are for the highly anticipated batman versus superman just released, back in a minute. when a moment turns romantic why pause to take a pill?
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. maria: welcome tobacco mystery of levitating cars in china, cheryl casone with that this morning, you have to explain this one. cheryl: you got to watch the video, you are going to see what controversy was a look at this, this accident, happened last week about 250 miles south of beijing, okay? it is a fallen accountable got caught in a street cleaner that about act as train wire under that van, so that flying in air two other vehicles also got caught by cable, gravity you can't see cable on video internet freaking out no shenanigans. >> warner brothers he
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releasing a batman versus superman teaser batman -- . >> okay, to hit theatres march 25 there is a lot of controversy about ben affleck cast asbatman a petition to get rid of him back in the day back to you guys. maria: wow, that was good, stuff, thanks. >> why fighting each other should not they fight a villain like the joker something like that. >> you have to watch the movie that is why you have to pay see. >> i am not going to pay to
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see ben affleck. >> wreak havoc as superman h-o-t. . >> thank you like the trailer. >> i like superhero motives this is a number two to my star war fix aboutation. >> i think on my list i got to mit. >> ben affleck looks like drinking weight gainer shakes. >> good thing? . >> looks good. >> on the market, ladies. >> wow. o bad boy. >> that is another conversation, dagen thank you. >> coming up greek banks, hit with issues, we're going to talk about it next ecb meeting later this week, and opec meeting, by the way, anastasia says the wild card of the week stay with us.
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. maria: welcome back greece bank on alert following reports of cyberattacks againstfully banks hacksers demanding a ransom to be paid in big coin electronic currency big coin surging up nearly 50% the currency making its way back on to investor radar concerns over reliability hacked potential remain bitcoin investor founder ceo barry, good to see. >> you good to see. >> you you sold second market. >> i did. >> you founded it a total great innovation and now you are on to new company digital currency what are you doing. >> we are building and investing in bit copy companies active investor invested in 60 companies also launched a bit coin etf like
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vehicle, bit copy investment trust traded publicly. maria: how will financial services industry change five to 10 years. >> i think fair to say definition of a bank is going to change, baengs are being just remediated attacked every angle, all the way up to different types of approaches like digital currency the thing exciting about bit copy going to changing way people spend money redining what is money. >> barry one of the things i troo to i understand when i am looking at bit coin what is more valuable here, the technology, called block chain technology the way of will exchanging information or currency itself i am skeptical when i hear people say this currency is going to replace the dollar but seems like technology itself is valuable. >> this is a bdebate right now wall street banks excited
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about technology to create more efficiency the way they said assets the reason so excited about bit coin currency look around the world today you have many, many different occurrences being debaseed, printed out of existence if you can hold something has a lot of characteristics similar to gold the bit coin does traffic alternative to occurrences, the technology as well as currencities frankly the technology doesn't work,without the currency that moves on top of it. maria: the -- collapsed 40% last couple years value of the dollar, is going up, when like ask you to speak to that, and also, when you are investing in these companies, are you investing in technology is that where you think you get pay off. >> we are investing in both very much investing in o ecosystem exchanges wallets, processors, actually we own -- bit coin as well if you look at price of gold past few years not performed well bit coin up a few thousandand per
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cent, five-billion-dollar bit coin in circulation search on trillion of gold if you have 5% of gold, bit coin next decade, that is 350 billion dollars, moving into bit coin. >> i want to ask you about the future of regulation of this i get it go to go change the financial industry, but banks are highly regulated we have capital ratios you hear about somebody going on line getting a morj loan like this in a couple seconds maybe pay closing fee with bit coin, i mean what is the risk there, what are the regulators paying attention to are they. >> certainly paying tax i think enumerating i used to by regulation was bitcoin positives threat actually biggest opportunity to your point, running a bank, operating a bank you cannot be innovative you can't think outside the box you can't do thinking creative whereas you have hundreds thousands starts are around world look to go --
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to your point about -- payments around bit coin it is really going to eat banks alive they have to change or be out of business. >> showing value of bitcoin when bit copy ranched that spike everybody talking about it on cover vr paper, all of a sudden you started to see a lot of places that were accepting bit coin, airlines started doing it, sort of saw that go away where do you see most transactions take place using bit copy. >> we invested in companies in 20 countries, so we're seeing, dramatic adoption in places like kenya, argentina, in brazil, south africa, places where people have mobile devices but don't have bank accounts. >> to buy what what transactions are you talking about stores what kind of stores? is it travel what are they using it for. >> lot -- 500 billion dollars, around the world, paying 8 to 10% western union, fwit coin fr free.
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>> i like am anonymity of it i i think theme been the regulatored to bit coin is that right. >> sort of anonymous every transaction is open lernler system you can trace it this greek story about banks you know being held for ranson corbitt copy bit copy tenable way to pay ransom ultimately good guys catch bad guys it is traceable. >> good point stupid thieves, by the way. >> want to come back to you said 5 billion dollars, that is a tiny amount, just to put in perspective, we are talking about you know, the dollars and circulation is trn a signy you the veries i am first to mit bit copy as currency is either worth zero, or going to be one way or another a lot more than it is today, it is a very, very risky investment the academy system is amazing being built a billion dollars, invested by ventura capital so
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far. >> why haven't we seen more disruption financial services i feel one area not as disrupted the as much as other areas as a result of technology i know you think we are on cusp. >> right whether capital regulation or trust ultimately you have to have trust in the system right now i think the trust is not all-time low not very high. >> so i saw that mastercard with bank capital one of your biggest sources of funding for your group, what interest do they have in it. >> you we raise from mastercard in new york life transamerica cidc academy group interested in the space excited about opportunities, curious about risks we give them a great way to figure out what is happening with what they should do. >> -- cme interested from a open market. >> they look it from k exchange perspective, from a derivative perspective. >> a way in particular mastercard to get in, to block any change? so i know, maria talks about
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why hasn't this disrupted the the financial industry there's you know they want barriers to entry is this a way for master coordto figure out what barriers they should put up. >> i certainly hope not. >> the financial services industry, how does it look different in five years? >> well i think you are going to say the capital foumation process change the way companies raise money, way that shares are traded, the way has been but i think the biggest change is going to happen in money the way money moves around the world we have just business a lot of businesses that are trying to change the way that at a you spend money across person-to-person frankly so much friks cost in the savm big, big opportunity there. >> we are going to be in a place where i can disappear you, a hundred dollars to pay for bet on fantasy football. >> with bit copy, i could be hong kong or sitting across the table from you, it is free. >> how drawback to bit coin it
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is aon in must anonymous, hard to track not proved they can't track it don't know if it is john transferred money to yours potential terrorist suspect transferring to somewhere else. >> i don't know where this misinformation came from, but he he that is kind of a general view but actually not accurate, the treasury came out with a report, about the tools bad guys use to do bad things, banks number one number nine was physical cash, and number 10 was bit coin. >> so if you think about the alternatives to something like bit coin, the 100 dollar bill great way to do bad things not traceable bit coin forever traceable on ledger system. >> more vulnerable to hacked? >> well bit coin has grown up in a period of time, where hackers have goneat people who own bit coin, the businesses launched, a lot of times
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focusing on security, the existing system built over-decade has not kind of same system bit coin industry has still absolutely subject to hacking the network has never been hacked never insecure. >> bitcoin you mentioned there is 500 digital occurrences. >> yeah. very easy to start a new digital currency the thing with money money is a society -- in history has been rocks, salt, has been, gold to a certain extent, today, people think that bit coin is potentially a new form of a global currency and bet 5 billion dollars on it basically. >> amazing an undercover i lo -- >> dym currency founder ceo we are waiting president obama about to hold a news conference, in paris, we are going to see what happens here out of news conference anything that jumps out at you think president he is with all world leaders, we know talking about climate change but we
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know that the subject of isis, and national security is front and center. >> i want to know discussion with world leaders how they are going to get together combat isis because we mother they are talking about it, we definitely want to hear if there is any new strategy announced on that front. >> and also, what happened in the conversation with vladimir putin, are those relations better or worse right now. >> i think we will certainly get some q&a if we get to the q&a, but i guess the other discussion, on the climate caning, has to do around carbon tax what carbon tax something on agenda, some countries do have that adopted, but is the push to force this climate change, is to impose carbon tax on coal and natural gas producers, maybe that is more of the orientation of the conference but certainly the -- we have to ask questions. >> i think on that front the big question is going to be, whether world leaders can get countries like india onboard,
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and --. >> yeah. >> and pursuing these kinds of movement india with us going to have a bigger population 10 or 20 years than china, and we are going to start talking about them being a big polluteer. >> charles krauthammer last night bill o'reilly show said there is no binding agreement coming out, so they can have all the talks they want but leaders of china, leader of india, but you know, if they decide to change the rules next year -- >> not only that it is also political consensus matters so much president has gone out done a lot of things on his own on regulator front at the end of the day, he is only here for another 18 months, if there is no consensus in the united states, to follow that legacy then united states could back attract. maria: a waste of time then? >> you are right, it has to be a binding agreement, because the problem with key ota protocol for example nonbinding someed a house of representativesed it some did not the issue this time around is going to be financing as
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john said the developing market economy, to help foot that bill. >> exactly. >> to tune 100 billion dollars a year. >> bring in fox news correspondent former u.s. inactive officer lea gabriele to the conversation waiting on president obama walking out any moment what are your sppgs. >> expectations as far as conference or what he is going to say big issue over everyone's head international terrorists, i think that we are going to see today later day is more information coming from the defense department secretary ash carter testifying before the house armed services committee talking about what our plan is in syria that is something i really want to watch, and maybe the president will allude to what the plan is in terms of the special operations forces that are going into syria or may be there we don't know the answer yet the bottom line right now is you know we have this we have this -- this grouping of more than 150 leaders from the
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world coming together in a place that is just hit by terrorists attacks, and issue on everyone's mind what is are we doing about terrorism what are we going to do about isis. >> what do you make from obviously from your background experience, from news that u.k. may be joining in the air strikes at -- increasing their support there? >> well, i think about something that u.s. would like to see, i think that the more we can build a coalition, in syria and iraq, to fight against isis to conduct more air strikes the better, you know but the real issue that we are seeing there is as i said before on the show we have air superiority over iraq syria vladimir putin moves in now seeing real issues over superiority now we have to coordinate with he focuses not necessarily fighting same direction is that we are what it comes to down to what we're seeing at meet rightly now president obama meeting with vladimir putin we see that picture of them handshake but very awkward seems like every time i see them meet looks so awkward i don't know what was
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happening before or after the picture in that picture. >> before the -- >> just yeah the most recently picture we have seen of president obama meeting with vladimir putin kind of, looking at him, putin looking off to the side arm on obama, it is very awkward. >> like a critical point are we in any position to no less fight and won a war, in syria but even impose a no-fly zone so long as putin there with foefrs and antiaircraft. >> i think imposing a no-fly zone about feasible before we saw vice president move in. now that he is there with forces, russian media reporting recently that now their fighter aircraft are going to be armed with air to air missiles things changed the calculus changed especially with shootdown of the russian jet by turkey, by the way, u.s. now saying, yesterday actually saying that -- that aircraft was actually in turkish airspace created a wholly lot of awkwardness, a
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whole lot of posturing going on, of course, the big discussion, that i think is going on, behind the scenes, between putin and obama, is obama saying, you know, the u.s. is saying, that assad has to go, and putin is there to prop up assad a fundamental difference in the way they think, the fundamental difference what goals are that region, and it is going to be very difficult to see anything o he -- >> is he calling the shots putin calling shots as long as he has antiaircraft equipment there we let him call shots or take that equipment out, god knows what that leaves. >> i think there is a lot of -- things that are said things that are not said i don't think it necessarily in always comes down to who actually is willing to take military action, i think there is a lot of bluffing that goes on, and so far, we have not been the ones who are winning the game of bluffing, about vladimir putin tend to go do a a better job. now, you know, turkey shooting down a russian jet changed that in a lot of ways, because now we know that nato country
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is willing to actually take action against russia. >> nobody believes president's pluf he said is a bluff when syria crossed red line we did nothing about it it bluff went up in poof. >> we did nothing turkey showing they are willing again i wondered what is going on behind scenes with turkey do they feel they have our support? >> have do you think did the right thing shooting down the plane that was maybeing on turkish border syrian board were lined blurred or a very clear shot. >> a really tough call i will say, this i think russia had no business, flying in an area that so close they crossed board we've seen russian jets crossing boarded in october turkey complaining "b's" encapsuli. >> about this exercising restraint. >> push back. >> it gives an excuse, to move hays surface-to-air-missile
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into -- i said again putin wants to protect his assets that naval base is extremely important, to him, he is there, he has had his navy there, because of the relationship with assad, that is why he does not want assad to go an important relationship that he has important alliance, it really comes down to the bigger picture of russian forces rirn milita -- russian military there an excuse for missiles. >> i have a new fresh image in my mind of him meeting with transaway hollande french president at fancy french restaurant last evening not far from where paris attacks took place, so we all wonder what that conversation was, of course, françois hollande came outspoke very tough very external, following the paris attacks you do wonder, if you might see a change from the president today. >> i think you know a lot of countries, have expected the u.s. to stand up for them in the past to back them up and i
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think in the past, you know, three or four years they have not felt as though the u.s. is really met that expectation, because this administration, is one that wants to have more international coalition that wants the allies in the region to police their own region, more, and for the u.s. do it less to be able to pull back our forces to be able to focus on programs back at home, but some countries, are like, you know, we expect that u.s. to be there to back us up. if they are not who is? if they are not who is? >> looks like obama, is perfectly happen to let hollande lead this coalition. >> amazing talking about françois hollande leader of the world. >> right. >> i mean seems to me this is a combined arms approach it has to be in terms of defeating isis, this combined arms approach has to include boots on the ground has to conclude air strikes, has to include intelligence, baby the question is u.s. not willing to provide boots on the ground are we willing to provided air strikes and slasho technologies.
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>> we have been doing that, we have been providing intelligence a lot of assets in the region that are not going to be publicly known. the boots on the ground is an interesting point you bring up i think everyone recognizes, that it is going to take boots on the ground to defeat isis the question is whose boots on the ground that is the big debate that is going on is is it going to be u.s. boots on the ground or -- >> no -- >> that is what he wants to do, now we know in a 50 sper operations foefrs going into syria what are does that mean really is that just are they already there been there a big question i have had how have they already been there all -- >> don't you think they have. >> now we're saying okay. we are putting them there. >> one could say we've got u.s. ground forces how many more talking about. >> here comes the president listen to the president in paris. >> good afternoon once again i want to thank the people of france, and president hollande for their extraordinahospitalit
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hosting nations no ease task for everybody to do so two weeks after the tritt attacks is a remarkable display of resolve, that is why the first place i visited when i arrived on sunday night was the bataclan. so that i could pay respects on behalf of the american people, who share the french people's resolve. it was a powerful reminder of the awful human ap toll of attacks our hearts continue to go out to victims' families. but here in paris we also see the resiliency of the universal values that we share , liberte based on discussions with president hollande leaders i am confident that we can continue building momentum and adding resources, to our effort to degraded and destroy isil, to disrupt plots against america, and our allies, and to bring
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about the political resolution necessary to resolve the situation in syria and relieve hardships on the syrian people. now, this has been a quick visit. of course, all visits to paris seem quickly. you always want to stay a little bit longer. but we have accomplished a lot here, and i have high hopes over next two weeks will accomplish even more. i know some have asked why the world would dedicate some of our focus right now, have to combating climate change even as we work to protect our people and go after terrorist networks. the reason is because this one trend climate change, affects all trends. if we let the world keep warming as fast as it is, and sea levels rising as fast as they are, and whether persons keep shifting in more unexpected ways, before long we are going to have to devote
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more and more and more of our economic and military resources not to growing opportunity for our people, but to adapting to at a various consequences of the changing planet as i
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said yesterday, what we seek is an agreement where progress pavilions the way for countries, to up dedicate missions targets on a regular basis, and each nation has the confidence that other nations are meeting their commitments. we seek an agreement that makes sure developing nations have the resources, they need to skip the dirty phase of development if willing to do their part, and make sure the nations most vulnerable to climate change have resources, to adapt to the impacts we can no longer avoid. we think an agreement that gives businesses investors certainty that global economy is on a firm path toward a low carbon future. because that will spur the kind of investment that will be vital to combine reducemphass
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with economic growth that is the goal not just roll back that planes our planet but agreement that helps academies to grow and people to thrive without condemning the next generation of a planet beyond its capacity to repair, now, all of this will be hard. getting 200 nations to agree on anything is hard. i'm sure there will be moments over the next two weeks where progress seems stymied everyone rushes to write that we are doomed i am convinced we are getting big things done here keep in mind nobody expected 180 countries would show up in paris with serious climate targets in hand, nobody expected, that the price of clean energy would fall as hast as it has or that back in the united states, the solar industry would be creating jobs 10 times faster
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than the rest of the economy. nobody expected that more than 150 of america's biggest companies would policemen their suppo -- pledge support to ambitious outcom or wealthy private citizens would join to pledge, to invest unprecedented resources to bring resources clean energies to market faster what gives me confidence progress is possible somebody like bill gates i was with yesterday. understands that tackling climate change is not just a moral imprise imperative it is opportunity he said we have to vent intelligence to tackle this challenge that kind of optimism sense that we can do what is necessary is infectious. and you to end believe somebody like bill when he
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says we're going to get it done, since he has done pretty remarkable things, and i believe that a successful would weeks here could give the world that same kind of optimism that the future is ours to shape so with that, i am going to take a few questions, we will start with jerome. of ap. where is jerome? >> good morning thank you, mr. president. >> yeah. >> for months now you've been asking mr. putin to play more constructive role -- it appears your calls have not been heard what is your strategy going forward? >> well -- i'm not sure that is true. the fact that the process is moving forward, steadily not conclusively but steadily i think is an indication that mr. putin, recognizes there is
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not going to be a military resolution to the situation in syria. the rir recurrence been there several weeks over a month, and i think fair fair minded reporters looked at situation would say situation has not changed significantly. in the interim russia lost a commercial passenger jet, you've seen another jet shot down, there have been losses, in terms of russian personnel. and i think mr. putin understands that when afghanistan fresh in the memory for him to simply get bogged down in a inconclusive and paralyzing civil conflict is not the outcome that he is
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looking for. now, where we continue to have an ongoing difference is not on the need for a political settling it is the issue of whether mr. assad can continue to serve as president while still bringing the war to an end it has been my estimation five years now that is not possible. regardless of how you feel about mr. assad and i consider somebody who kills hundreds of thousands of his own people il jit as a practical matter it is impossible for mr. assad to bring that country together. and to bring all the parties, and do inclusive government. it is possible however to preserve the syrian state to have an inclusive government
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in by the interests of the various groups inside syria are represented. and so as part of the process you are going to see the opposition groups the moderate opposition groups that exist within syria, some of which frankly we don't have a lot in common with, but do represent significant factions inside of syria, they will be coming together, in order for them to form at least a negotiating unit or process that can move vienna forward, and we're going to keep on working at this, and my hope and expectation is that that political track will move at the same time as we continue to apply greater and greater pressure, on isil. and with the contributions
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that the french have made, the germans announce additional resources to the fight, the brits have been steady partners in iraq and i think are now very interested in how they can expand their efforts to help deem with isil inside of syria. were not just the cohooegs of the coalition that the united states put together, but also the increasing intensity of our actions in the air and progressively on the ground, i think it is possible over the next several months that we both see a shift in calculation in the russians and a recognition that it is time to bring the civil war in syria to a close. it is not going to be easy too
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much blood has been shed. too much infrastructure has been destroyed. too many people have been displaced for us to anticipate it will be a smooth transition, and isil is going to continue to be a deadly organization because of its social media, the resources that it has and the networks experienced fighters that it he possesses i was going he it is going o to continue to be a serious threat sometime to come. but, i am confident that we are on the winning side of this, and that ultimately russia is going to recognize the threat that isil poses to its country. to its people. is the most significant and that they immediate to align themselves with those of us who are fighting isil. >> thank you, mr. president. i guess i wanted to follow on
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that shift in calculation that you discussed, with in terms of president putin. did you receive assurances from him or president hollande who said earlier this week, that you know president putin had told him he would only target jihadis, isis that that will be the focus of russia's military campaign going forward? and then separately i just wanted to ask about climate -- the outstanding issue seem whether republicans kind of voiced opposition o to your agenda so home how -- funding for green climate fund to pretty crucial part here wondering both how you prevent that in upcomings appropriations process if you are at all concerned about what was said earlier today, yesterday, that a fight republican president could undue what you are trying to accomplish in paris. >> first of all on mr. putin i
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don't expect you are going to see 180 turn on their strategy. over the next several weeks. >> they invested four years keeping assad in power, their presence there is predicated on propping him up, and so that is going to take some time for them to change how they think about the issue. and so long as they are aligned with the regime a lot of russian resources are still going to be targeted at opposition groups that ultimately are going to end up being part of inclusive government, that we support, or other members of the coalition support. and our fighting the regime and fighting isil at the same time. so i don't think we should be
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under any allusions somehow russia starts hitting only isil targets that is not happening now, it was never happening it is not going to be happening in the next several weeks. what can happen is if political process that john kerry has so me tieklously stitched together in concert with foreign minutes lavrov of russia if that work in vienna then it is possible, given the existing accord that the parties have already agreed to, that we start seeing at least pockets of cease-fires pb, in and around sir may mean certain opposition groups no longer find themselves subject to either syrian or russian bombing. they are then in a conversation about politics
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and slowly we then are able to get everybody's attention diverted to where it needs to be. and that is going after isil in a systematic way. with respect to climate, and what is taking place here i don't want to to get ahead of ourselves we need a paris agreement and so my main focus is making sure that the united states is a leader in bringing a successful agreement home here in paris. and there are a number of components to it so i just want to repeat so that everybody understands what we will consider success several weeks from now. number one, that it is an ambitious target that seeks a low carbon global economy. over the course of this century. that means that countries have
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put forward specific targets, and although those are self-generating there is a mechanism in which they are presenting to the world confirmation that they are working on those targets, meeting on those targets so there is a -- a single transparency mechanism that all countries are adhering to, and that those are legally binding, that there is periodic reviews, so that as the science changes and as technology changes five years from now, 10 years from now 15 years from now in each cycle countries a can update the pledges they make that we've got a climate if understood that helps developing countries to not only adapt and mitigate but also leapfrog
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over dirty power generation in favor of clean energy. and if we hit those targets then we will have been successful not because, by the way, the plendges alone will meet necessary targets for us to prevent catastrophic climate change but because we will have built the architecture that is needed we will have established a global consensus of how we're going to approach the problem, and then we can successfully turn you will the dials as new sources of energy become available, as the unit costs for something like solar, or improvements in battery technology make it years for
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us to meet even higher the arbiters and systematically we can drive down carbon emissions the pace of climate change over course of several decades i want to emphasize this i noe in some reporting if you add you up all pledges they were all met right now we would be at a estimated 2.7 centigrade increase in temperature. to that is too high. we want to get two cent graded or even lower than that. the but if we have periodic reviews built in, what i believe will happen is that by sending that signal to researchers and scientists, and investors and the entrepreneurs and ventura funds we will actually start hitting targets faster than we expected and we can be even more ambitious, so when you
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look at the accumulative targets that may exist 10 years from now we may well be within the 2% cent grade, that is not just foolish optimism, when you look at the experience of the united states for example, i came into office i prioritized clean energy i said going to double clean energy production through the recovery act, we recognized that making these big investments were also good for economy helping us get out of recession could create jobs, so we made a big investment and turned out that we met our goals a lot quicker than we expected. if you asked me when i first came into office, my expectations for the price of solar generated power versus
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traditional coal or other fossil fuel generated power, i would say we would make some progress. but that solar would still require substantial subsidies in order to economical the cost has gone down must faster than any predicted even five years ago the key to set up structure so we are sending signals all around the world. this is happening. we're not turning back. and the thing about -- human ennewte i was a going to say american inguin ity there are other smart folks around i don't want to be too parochial about this the thing about human human humanan it responds when it
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gets a strong signal what needs to be done the expression that necessity is mother of invention, this is necessary. and us getting a strong high ambition agreement in place even if it doesn't meet all the goals that we ultimately need to meet sends a signal that is necessary and that will spur on the innovation that is going to ultimately meet our goals. >> thank you, mr. president. one follow-up on the climate change, issue. are you confident that you can hold u.s. to its commitment under existing treaties with no new vote needed? and separately on planned parenthood, i wondered if you could share your thoughts on that shooting and any thoughts in the context of sheer political rhetoric in the country at this time. >> i apologize i didn't
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address that nancy was batting cleanup. on issue about of climate fund -- we already engage in assistance to countries for adaptation, mitigation, sharing technology, that can help them meet their energy needs, in a clean way. and so this is not just one slug of funding that happens in one year. this is multiyear commitments that in many cases already embedded in a whole range of programs that we have around the world. and my expectation is that we will absolutely be able to meet our commitments. this is part of american leadership, by the way. and this is part of the debate
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that we have to have in the united states more frequently. for some reason, too often in washington american leadership is defined by whether or not we are sending troops somewhere. and that is -- the sole definition of leadership and part of what i've been trying to describe during the course of my presidency is that where we make the most impact and where, by the way, we strengthen our relationships and influence the most is when we are helping to organize the world around a particular problem. because we're the larges country because we have the most powerful military, we should welcome the fact that we are going to do more.
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a and oftentimes first during he cola response oth -- he bodilya response others could not respond until we set up infrastructure to allow other countries to respond until we made the call showed that we were going to make that investment. the same was true rpt to i can magazine sure iran didn't get a nuclear weapon. we had to lead the way, but ultimately because we reached that and brought our allies and partners together, we are able to achieve gals we could not have achieved by ourselves the same is true with climate. when i made the announcement --
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we are rightly determined to prevent terrorist attacks wherever they occur, whether in the united states or with friends and allies like france and we devote denorm must resources and properly so, to rooting out networks and debilitating organizations like isil and maintaining the intelligence and improving the information sharing that can identify those who would try to kill innocent people.
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and yet, in the united states we have the power to do more to prevent what is just a regular process of gun homicides. that is unequalled by multiples of five, six, ten. and i think the american people understand that. so my hope is that once again, this spurs a conversation and action and i will continue to present those things that i can do administratively, but at the end of the day, congress, states, local governments, are going to have to act in order to make sure that we're preventing people who are
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deranged or have violent tendencies from getting weapons that can magnify the damage that they do. and with respect to planned parenthood, i think it's -- it's clear, i've said it before, they provide health services to women all across the country, have for generations. in many cases it's the only organization that provides health services to impoverished women. i think it's fair to have a legitimate honest fair debate about abortion. i don't think that that's something that's beyond the pale of our political discussion. it's a serious, legitimate issue. how we talk about it, making sure that we're talking about it factually, accurately, and not demonizing organizations
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like planned parenthood i think is important. . >> thank you, mr. president. do you believe that turkey is doing enough to strengthen its northwest border with syria? how is it that a nato country would as large a military as turkey has, has not sealed this border? is that something that you've raised today with the president? and to put a finer point on the climate change question, can leaders gathered here believe that the united states will keep its commitments even after you've left office, if a republican succeeds you in the white house? >> you know, just with respect to my successor, let me first of all say that i'm anticipating a democrat succeeding me. i'm confident in the wisdom of the american people on that
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front. front. but even if somebody from a different party succeeded me, one of the things that you find is when you're in this job, you think about it differently than when you're just running for the job. and what you realize is what i mentioned earlier, that american leadership involves not just playing to american constituency back home, but you now are, in fact, at the center of what happens around the world. and that your credibility and america's ability to influence events depends on taking seriously what other countries care about. now, the fact of the matter is, there's a reason why you have
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the largest gathering of world leaders probably in human history here in paris. everybody else is taking climate change really seriously. they think it's a really big problem. it spans political parties. you travel around europe and you talk to leaders of the governments and the opposition, and they are arguing about a whole bunch of things. whether or not they're arguing is whether or not the science of climate change is real and whether or not we have to do something about it. so whoever is the next president of the united states, if they come in and they suggest somehow that that global concensus, not just 99.5% of scientists and experts, but 99% of world
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leaders think this is really important, i think the president of the united states is going to need to think this is really important. and that's why it's important for us to not project what's being said on a campaign trail, but to do what's right and make the case and i would note that the american people, i think in the most recent survey, two-thirds of them said america should be a signatory to any agreement that is addressing this in a serious way. the good news, the united states is changing as well. and sometimes maybe it's hard for republicans to support something that i'm doing, but, you know, that's more a matter of games washington plays.
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and that's why i think that people will be confident that we'll meet our commitments on this. with roux he inspect to turkey, i've had repeated conversations with the president about the need to close the border between turkey and syria. we've seen some serious progress on that front. there are still some gaps. there are 98 kilometers that are used as a transit point for foreign fighters, isil shipping out fuel to help finance their terrorist activities, so we have been having our militaries work together to determine how a combination of air and turkish ground forces on the turkish side of the border can do a better job of sealing.
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and i'm encouraged that the president and the eu had a series of meetings around-- or turkey and the eu had a series of meetings around the turkish greek border. we have to remind ourselves, turkey has taken on an enormous humanitarian effort. there are millions of syrians who are displaced and living inside of turkey, not just refugee camps, but they're now moving into major cities throughout turkey that puts enormous strains on their infrastructure, on their housing, employment and turkey has continued to keep those borders open for people in real need. so, i'm proud that the united states is the single largest
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contractor of humanitarian aid for syrian refugees. i'm glad that the eu is looking to do more to help turkey manage those refugee flows, but i also think the eu rightly wants to see the kind of orderly process along the turkish-greek border that is necessary for europe to be able to regulate the amount of refugees it's absorbing and to save the lives of refugees who are oftentimes taking enormous risks because they're being ferried back and forth by human traffickers who are now operating in the same way that you see drug traffickers operating under, at enormous
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profit and with disregard to human life. we talked about it today, but i guess i'm saying, jeff, this has been an ongoing conversation. we recognize that this is a central part of our anti-isil strategy. we've got to choke them off. we've got to choke off how they make money, we've got to choke off their ability to bring in new fighters because, you know, we've taken tens of thousands of their fighters off the battlefield, but if new ones are still coming in, then they continue to maintain a stranglehold over certain populations inside of iraq or syria. we've got to cut off their source of new fighters. that's also part of the great danger for europe and ultimately the united states as well, and countries as far-flung as australia or singapore. if you've got foreign fighters
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coming in that are getting not only ideologically hardened, but battle hardened and returning to their home countries, they're likely engaging in the kind of terror attacks that we saw here in paris. so this has been an ongoing concern and we're going to continue to push hard among all our allies, to cut off the financing, cut off the foreign fighters, improve our intelligence gathering, which has allowed us to take the strikes that we're taking against isil. you know, a lot of the discussion over the last couple of weeks was the pace of air strik strikes. the pace of air strikes is not constrained by the amount of planes or missiles that we have. the pace has been dictated by how many effective targets that
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we have, and our intelligence continues to improve. and the better we get at that the better we'll get at going after them. scott orsman. >> thank you, mr. president. in terms of sending that market signal you talked about today and a couple of times this week, i wonder if you see any political path back home towards putting an explicit price on carbon? >> i have long believed that the most elegant way to drive-in no evaluation and to reduce carbon emissions is to put a price on it. this is a classic market failure. if you open up an econ 101 textbook, it will say the market's very good about determining prices and
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allocating capital towards its most productive use except there are certain externalities, certain things the market doesn't count, it doesn't price, at least not on its own. clean air is an example. clean water, or converse, dirty water, dirty air. in this case, the carbons that are being sent up that originally we didn't have the science to fully understand. we do now and if that's the case, if you put a price on it, then the entire market would respond and the best investments and the smartest technologies would begin scrubbing effectively our entire economy. but it's difficult and so, you know, i think that as the
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science around climate change is more accepted, as people start realizing that even today you can put a price on the damage that climate change is doing, you go down to miami and when it's flooding at high tide on a sunny day, and fish are swimming through the middle of the streets, you know, there's a cost to that. insurance companies are beginning to realize that in terms of how they price risk. and the more the market on its own starts putting a price on it because of risk, the more cap and trade systems, for example, shifts as well. obviously, i'm not under any illusion that this congress will impose something like that, but it is worth
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remembering that it was conservatives and republicans and center-right think tanks that originally figured out this was a smarter way to deal with pollution than a command and control system. and it was folks like george h.w. bush and his epa that effectively marshalled this approach to deal with acid rain. we ended up solving it a lot faster, a lot cheaper than anybody had anticipated. and more than anything, that's the main message i want to send here, is climate change is a massive problem. it is a generational problem. it's a problem that by definition is just about the
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hardest thing for any political system to absorb because it affects our gradual, their diffuse, people don't feel it immediately so there's not a lot of constituency pressure on politicians to do something about it right away. it kind of creeps up on you. you've got the problem of the commons, got to get everybody doing it because it's just, you know, one nation is helping, but the other nations aren't doing it, then it doesn't do any good. so, you have this huge coordination problem and the danger of free riders. on all of these dimensions, it's hard to come up with a tougher problem than climate change or more consequential problem. and yet, despite all that, the main message i've got is, i actually think we're going to solve this thing. if you had said to people as
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recently as two years ago that we'd have 180 countries shoeing up in paris with pretty ambitious targets for carbon reduction, most people would have said you're crazy, that's a pipe dream. yet, here we are, that's already happened before the agreement is even signed, that's already happened. as i said earlier, if you told folks what the cost of generating solar energy would be today, relative to what it was five years ago, people would have said, not a chance. and with relatively modest inputs that's already happening. imagine if we're starting to put more r & d dollars into it, which is why the mission innovation announcement was so significant. the biggest countries, the most prosperous companies doubling their r & d, but then you've also got bill gates and other
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extraordinarily wealthy individuals saying we're going to put our money into this. i'm optimistic. i think we're going to solve it. i think the issue is just going to be the pace and how much damage is done before we are able to fully apply the brakes. and in some ways, it's akin to the problem of terrorism. and isil. in the immediate aftermath of a terrible attack like happened here in paris, sometimes it's natural for people to despair. but look at paris. you can't tear down paris because of the demented actions of a handful of individuals.
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the beauty, the joy, life, the culture, the people, the diversity, that's going to win out every time. but we have to be steady in applying pressure to the problem. we have to keep on going at it. we have to see what works. when it doesn't work, we have to change our approach. but most of all, we have to push away fear and have confidence that human innovation, our values, our judgment, our solidarity, it will win out. and i guess i've been at this long enough where i have some cause for confidence. we went, what, a month, month and a half where people were pretty sure ebola was going to kill us all.
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nobody asks me about it anymore. and although, you know, we still see flick,of it in west africa, we've set up an entire global health security agenda, part of american leadership to deal not only with ebola, but possible future pandemics. it's not easy, it takes time and when you're in the midst of it, it's frightening, but it's solvab solvable. all right, with that i'm going to go home. vive la france. thank you very much. maria: all right, president obama speaking from paris. vive la france, jon hilsenrath, dagen mcdowell is here, anastasia omarosa and what stood out to you, climate change and isis, frankly lack
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of urgency on fighting terrorism. and lack of questions. dagen: to paraphrase something you said in the break. the passion is about climate change, the passion is know the fighting the imminent threat to islamic radical terrorism is something he won't say. >> i wrote down a couple of points. >> he said the civil war in syria can't be solved militarily. that seems a little out of touch with what's going on there. you don't get rid of the islamic state without some military force. he also talked about how american leadership is too often defined whether we're sending troops overseas somewhere. this is a guy who does really, his heart is not into sending troops anywhere at this point. maria: won't do it. >> the other thing i would say, i would take issue with something he said about econ 101 tells you we should impose a cap and trade system for addressing climate change. i actually did the story several years ago where i interviewed two economists who
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came up with the idea of cap and trade and a guy named john dales in canada, a guy, tom crocker in wyoming both said it wouldn't work to address carbon. it works on small problems like acid rain and water, cap and trade, their argument-- who in-- said. >> the idea is all of us pay carbon tax on consumption much electricity and natural gas, that we'll start using other sources. the problem they're not readily available sources so maybe that's the long-term strategy, but it doesn't-- >> one thing to put a tax on it like increase the cost of gasoline, but when you do a cap and trade, you're mandating a level of it everybody has to reach and one of the issues that these economists told me econ 101, we don't know what that man tri level should be. it's not an efficient way to address the problem. that actually if you're going to address it you should do a
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gasoline tax. dagen: i want to point out when asked about the planned parenthood shooting, he said this just doesn't happen in other countries, he said, while standing in paris where a little more than two weeks ago, people were murdered by terrorists, using assault weapons. >> by the way, assault weapons are banned in france and all of europe, so, to say it doesn't happen there, doesn't make any sense. dagen: somebody who is careful for rhetoric and optics, that was off. maria: let me bring in blake burman, a correspondent in washington, your thoughts? >> a lot of what all of you hit on. one thing i found interesting was the last question he talked about the issue of all of this being the pace, talking about climate change. he thinks it will be solvable, but the issue will be the pace and when he spun it back over to terrorism and isis, saying that the issue would be the pace. and i think most people would point out that while climate change is an issue that will
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evolve over years into decades, into centuries, i think some might point out that terrorism, the pace that is-- that this is on right now needs to be solved today. maria: we've got to pick up the pace on beating isis. i would agree. most people would, blake. we've got about 30 seconds left. for the people on the panel. >> one thing about the press conference, people talk about climate creating a refugee crisis down the road. we have a refugee crisis right now and it's being caused by the islamic state. maria: pretty severe. and ecp meeting this week, jobs number. you said opec is most important? >> that's what i'm watching, i think we know what to expect from the fed and the ecb because they told us. we know what to expect from epeck. we know some members of the opec cartel are hurting, but are they hurting enough? is saudi arabia hurting enough. sandra: they're not going to cut oil production and brent is down. >> we're going to know if the
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fed is raising rates this month and i think it's important for the market. >> read this breath stevens. maria: he's fantastic. it's great to be with you all, that will do it for us. "varney & company," take it away. stuart: and climate change trumps terror, and hillary's e-mail trouble and on-line shopping, the dow approaches 18,000. good morning, everyone. first off the president is talking climate change, making new commitments for your money and says he's sending a powerful message to terror. to hillary clinton, the count is now 999, that is the number of classified e-mails that were on her personal server. she said there were none. on the campaign trail, she's not talking e-mails, she's introducing five brand new tax credits for favored groups. $3 billion worth o


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