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tv   Making Money With Charles Payne  FOX Business  December 15, 2015 6:00pm-7:01pm EST

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probably baked in for most people. please be sure to join all of us tomorrow, big fed day coverage. we have all the angles you need to know. we'll be starting at 1:00 p.m. eastern time. thank you for joining us on risk and reward, "making money" with charles payne tarts right now. charles: to be rebound in front of the first fed hike in more than a decade. trump has the swagger of an undefeated heavyweight champ. angela merkel throws in the towel on refugees and multi-culturalism. the los angeles school district closing all schools today in the face of a threat.
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>> it's easy in hindsight to criticize a decision based on hindsight the decider could not have known. all of us have the same bowl in mind, we want to keep our kids safe. our community, southern california, has been through a lot in the recent weeks. should we risk putting our children through the same? charles: if he sound defensive, it's because new york city received the same threat but they decided it was a hoax immediately. the big question is are the bad guys winning? bow deet the, former lapt detective. bo, new york, l.a., they get the same threat from the say source.
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new york dismisses it for a variety of reasons, l.a. empties out the school or send everyone home. >> what happened in california there there will be has got to be protocols set forth. when you had the head of the school board making the call on this, the chief of police didn't make the call, he made the call. there has to be a protocol where he contacts the joint terrorist task force. because there is going to be more this. what you have did was put 800,000 kid out of school. they are asking their mops and dads, why was i wage out of school. psychologically these kids are hurt. this should not be done on the spur of the moment. if the threat should be difficult accept night, a person in security should make that call. charles: the superintendent is the guy in charge who make the decision.
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but during his press conference he mentioned they get these a lot. i don't know why this particular communique spurred hip on to do this. san bernardino seared into the minds of people who live there. >> i'm sure he's a well-intentioned man. however, just like i wouldn't give hip advice on math curriculum he was going to put in place in the school district, he doesn't have the necessary training and experience. david, what is a credible threat? saturday i'm pulling up to the mall. everybody is outside the mall. they evacuated the entire mall. the entire mall. they opened it up 4-5 hour later. if it just take a phone call to shut down a mall store school district then this country is in
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big trouble. >> 90% of the time phoned in hoaxes are -- phoned in threats are hoaxes. you make sure the police are high alert and make sure the teachers look out for anything out of the ordinary. you don't immediately evacuate unless there is some other reason. >> lessons learned. there should have been a protocol but there are a lot of armchair generals who don't know what they are talking about. this man was in a difficult position. i give him credit for making a decision. if a firecracker went off in punch those schools today his job would have been on the line. he did what he thought was best to protect those children. maybe it didn't turn out the way you would expect.
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but we say in the media, you hear something, say something. this guy not on said something, he took action he thought was in the best interest of his school district. >> we are in a war. we are in war now. isis wants us dead. radical jihadists want us dead. we have to set in place our teachers and cuss toldans. they are talking about a bomb in a knapsack. they see a suspicious package they can call the bomb squad. charles: breaking news just now everyone should snow the school district in los angeles will reopen tomorrow. so they have gone through and done everything they wanted to do despite the fact think declared it a hoax, i think they look a look-see anyway.
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>> bo, you mentioned something interesting before. the psychological effect on children. how about being honest with our kids and saying we are at war. this is what war is all about. understand what this is. >> i guess the thing is, we have been blessed the country that never had a fight a war on our soil. my mom used to tell me about when the planes flew over and they had to hide under the table. >> i guarantee you not just in california, across this country, parents are talking about and thinking about with their kids, if something happens, this is what terrorists bank on, terrorizing people. >> together wrong thing has as many problems attendant to it as
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doing nothing. knapsack size bomb is not bringing down a structure. but you can put in a phone call, empty children to the street, put bombs in a mailbox and parked car and kill dozens or hundreds of people that way. i understand he was well-intentioned. maybe call the joint terrorism task force. you get the police chief involved. charles: invariably this will come up, some form of armed guards are or training. training the teachers. what about the idea training teachers. people saying i don't want my kids' math teacher toting a gun. >> let them carry a gun. they want body count. i want to knowif my kids in that school have a former law
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enforcement fully trained. when he's putting his other clip that's the opportunity for a well-trained guy to take him out. we said it once. we'll say it again. the war is coming here. charles: what happened today can we say to a certain degree terrorists are winning? they got us making knee jerk reactions. almost every day they are landing planes it doesn't take anything. our backs -- >> when you have a political think correct president, i do a social network check. any time you say anything about muslim, he puts his head in the ground. political correctness is terrible as far as i'm concerned if because we'll have dead people a because of it.
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>> there are enough people who are school teachers today who were former special forces in the military. former police officers who have second careers now. you put them through some training. we do it for law enforcement all the time. you get people to the level where they can take action and at least they take action. the people in san bernardino for sure would have been happy had someone been trained with a firearm. >> it has to come from the top. and it won't until after the election. charles: municipalities can take it among themselves. if you can get a california or new york to say, hey, all the ideology i have had, what i believe in, i know keeping kids safe, that wms the one area nobody knows. >> cops are so afraid to do their job today because they are not going to be backed up by
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their local leaders. their government. the message has to come down from the white house, the congress other justice department. charles: ultimately new york city did the right thing. there should be a procedure put in place. >> soft targets you have got police posted. they are coming at soft targets. you have to have the equipment to combat them. without a gun, you ain't got no equipment. >> imagine four to six heavily-armed terrorists walk into macy's. charles: we saw that in a mall in africa. i think it was a great chance to learn that we have certain protocols. but it happened to me saturday. i was shocked to see the entire mall empty. we can't iran society if you can
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make -- you can't run a society if you can making a single phone call. charles: there were a lot of mistakes likespelling allah with a small a. national security is now the top concern for americans. with it neutralizes stomach acid and is the only product that forms a protective barrier that helps keep stomach acid in the stomach where it belongs. for fast-acting, long-lasting relief. try gaviscon®.
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for fast-acting, long-lasting relief. they come into this iworld ugly and messy. ideas are frightening because they threaten what is known. they are the natural born enemy of the way things are. yes, ideas are scary, and messy and fragile. but under the proper care, they become something beautiful.
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tand that's what we're doings to chat xfinity.rself, we are challenging ourselves to improve every aspect of your experience. and this includes our commitment to being on time. every time. that's why if we're ever late for an appointment, we'll credit your account $20. it's our promise to you. we're doing everything we can to give you the best experience possible. because we should fit into your life. not the other way around. charles: how can we fight back against terrorism? joining me is congresswoman
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marcia blackburn. make they were overthink cautious, cautious to a fault, particularly since new york got same threat and decide it was a mosquitoes right off. >> i think we'll reserve judgment until we have all the facts in. as usual look at this you see they moved forward and made this decision. maybe all the information was not in on that. but i can understand the nature of making that decision with what they have been through. look at this, you realize why national security is the number one issue in the presidential elections. people want to make certain we are going to be safe. four months ago national security became the number one issue with women across the entire spectrum it shows the national trend is following that.
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charles: why four months ago with women? >> i think it's just moms want to make certain their children are going to be safe when they go to school, which they work. when you have go to ball games. when you go to events. as you heard more about isis, as you saw how they were metastasizing through the horn of africa. the previous beheadings, the video, the lack of i guess awareness ower or focus that the president had. he has become a fearful leader. people are looking for decisiveness and a resolute nature that says we are going to hunt you down and we are going to destroy you and destroy your networks. charles: on that note, then, let me borrow your word resolute. what can we get out of
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washington, d.c. i read somewhere late today before i came to the studio, someone was thinking about presenting legislation to call isis a war combater. we are fighting isis like it's a law enforcement thing. >> let me give you have three things. number one, what you are talking about, naming your enemy. radical islamic extremism. they want to kill us. we need to go get them first. what you are talking about is the push for a new aumf. it's the authorization for use of military force. there are many of our members on our side of the aisle that are look at that. second thing that could be done, the president could sign if the bills that we have passed on the
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advice a waiver program of which will keep individuals who have been into some of these countries, syria, some of the countries from coming here through visa waivers we have with other countries, especially the eu. the second also includes the syria bill which blocks syrian and iraqi refugees from coming until we have a program in place to vet them. the third component is the sessions-blackburn language. we filed as a stand alone bill in the house. it deal with the office of refugee resettlement. freeze their money until the president puts in place a refugee resettlement plan, until we know what it's going to cost you and dhs gives an accounting of individuals who have come through that program and we know who since 2001 has participated
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in terrorist or criminal activity and we know what they have spent on this. those are three things the president could do today if he wantedp to pick. you that bloomin' pen and phone he has had in the white house all these months and do something about this. but that requires resolve and sending a message to these extremists that we are going to destroy them and destroy their net york, and we are not going to wait on it, we are going do it today. charles: maiming and killing the enemy. our kids cannot be running around in school afraid because the president is worried about a public relations disaster. keep pushing representative backburn. -- blackburn. all americans wants you guys keep pushing.
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domestic tear years the number one issue. should the u.s. reestablish the government's authority to collect phone data records.
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around the world. call us or your advisor... t. rowe price. invest with confidence. charles: when it comes to nsa and the surveillance situation, it causes to us rehe says government authority to collect phone records, meta data without a warrant.
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i want to bring it to our panel. heather hanson. betsy woodruff. betsy, so far thepoll 61% say yes we should do it, we are at war and we should use all measures we can to win this war. >> the person whose opinion is the most interesting is jim sensenbrenner in congress, he wrote the patriot act. the argument he made was having all this information doesn't make us safer. he says it was not particularly helpful in stopping terrorism. charles: i get the idea we don't want to ware house it, but if you district there will be have
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to be methods to use it. by the way, we don't have to spend a lot of time to someone calling grandma in philly. go to the phone calls in syria and pakistan. we know where the hotpots are, we have the technology. we are at bar. what do you think? >> the number one advantage that a counter terrorist campaign has is intelligence. without overwhelming intelligence every counter-terrorism program will fail. to the point about meta data. what's important to understand is this program was pretty much in its infancy when it was terminated. new tools were coming online at nsa, new al gor d new algor rhy.
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>> you look at health insurers. they are look at all your data to determine whether you are going to die early. it's not totally illegal. the problem when it was taken away is congress never intended for it to be as broad. senator cotton is contemplating a bill to bring it back. if congress decides there are certain limit to it it would be legal to do within the confines of what they decide. charles: i think google has more information on me than any government agency could imagine. >> form and currents nsa officials said they weren't stressing out about the meta data program being canceled. they said they celebrated the
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fact that they don't have to deal with the cumbersome information. based on our reporting, losing this program is not going to make us appreciably less safe. charles: i think there will be a hue and cry for it from the american public. you remember the last time the fed hiked interest rates? "click" was number one in the country. what happens when they hike tomorrow? i have the two of very best who will weigh in on this next. i earn unlimited 2% cash back on everything i buy for my studio. ♪ and that unlimited 2% cash back from spark means thousands of dollars each year going back into my business... that's huge for my bottom line. what's in your wallet?
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charles: the new york city advocate is asking regulators to see in smith and weson made accurate statements about how often its products are involved in crimes and what it has done to keep guns out of the hands of criminals. we have been living with one of the biggest experiments in the history of economics. that extraordinary combination starts to unwind and the world
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is on edge. danielle booth, and the chief economic correspondent for the "wall street journal." we talked about this and we night finally had to come. tomorrow is the day. what should we expect? >> i was talking to a womb in the office who just had a baby and she asked how i was feeling. it's kind of like having a baby. i have been waiting 9 months for this to happen. the fed will raise rates tomorrow by a quarter percentage point. i think they tried hard to prepair it markets for this. i think they will try to walk out of this with no surprises and that's what we'll get. charles: apparently they have to articulate to wall street, we are sorry, we won't do it again
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soon. >> the message you are going hear from janet yell in the press conference is she intend to pro see gradual lire and -- proceed gradually and she'll be cautious about the way she goes. if they are going to move again after this it's because they have seen inflation start to rise. they want to see real evidence at this point that it's picking up. >> you have got the rest of the world fighting deflation. we are told there is a moat around america. >> it's a conundrum for policy advisors. , john has been waiting 9 months. i have been waiting 10 years. policy makers are trying to tighten policy at a time when
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the rest of the world is veering toward recession. charles: there is no official inflation, so why now? i feel there is a credibility question. why now, yes, you anticipate wages going up, there are signs the labor market is tight. why not wait until you see it happening? >> policy makers are concerned with the credibility and the optics of doing the first rate hike in an election year. by the say token we have seen a lot of fallout in mutual fund with junk bonds in them and policy makers have begun to get concerned about financial stability issues and whether people will see their 401k statement. >> i think that's an important point. not only have we seen a lot of borrowing going not junk bond market, i'm talking with officials talking more and more
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about commercial real estate, seeing cranes going up around the country. they want to get ahead of the next financial boom. and so they are trying to take their foot off the gas so they don't lead us down the next public. >> you raised a good point in an article you wrote a few days ago. this is the fourth longest expansion since 1854. people are concerned this could be one or more rate hikes next year. because economy appears to be at a fragile juncture. charles: the average person worried about their 401k because the market beneath surface has taken some lumps. thank youboth, i appreciate it.
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you are the two of best. you don't want to miss tomorrow, fox business's covering of the decision. donald trump continues to dominate. but ted cruz is coming out like a rocket. they are all going to be on center stage. i have a feeling the gop debate will be a donnybrook. and why stop what you're doing to find a bathroom? cialis for daily use, is the only daily tablet approved to treat erectile dysfunction so you can be ready anytime the moment is right. plus cialis treats the frustrating urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, get medical help right away for an erection lasting more than four hours.
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charles: donald trump set the agenda.tr can he knock off his first? or will the latest challenger go down in claims? it's your idea powered by active trader pro. another way fidelity gives you a more powerful investing experience.
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call our specialists today to get up and running. with toothpaste or plain water.an their dentures and even though their dentures look clean, in reality they're not. if a denture were to be put under a microscope, we can see all the bacteria that still exists on the denture, and that bacteria multiplies very rapidly. that's why dentists recommend cleaning with polident everyday. polident's unique micro clean formula works in just 3 minutes, killing 99.99% of odor causing bacteria. for a cleaner, fresher, brighter denture every day. charles: a new "washington post"
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poll has trump with his largest lead yet. cruz lead in iowa. these are the two frontrunners. will a fresh face step in and try to steal the show? rick grenelle is at debate. you are out there. it must be an electric feeling. what's the sense of strategy here? >> it's pretty exciting. this is the first debate post-san bernardino. so snagsal security is front and center. what we want to hear tonight are plans, actual specific details about up tell jones gathering, not just one-liners, i want to kill isis. chris christie is set to do
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really well. he's been on the rise. rubio and cruz are going to come out of this as the number one person. they are competing quite a bit. i think we are also going to see jeb bush do well. a lot of people are down on jeb bush right now. but i think he will have a comeback. he's steady. he was a governor and he has implemented plans. i'm waiting for jeb bush to tell us what he's going to do to get the attackers before they get us. charles: today ben carson declared war on isis and wants to investigate cair. but betsy, we keep hearing this is a debate where we'll hear detailed plans. it won't just be one-liners. do you think it will take a
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smaller group before we can get them to give us details? >> details are not a super smart thing to bet on. one area where we can expect some meat and potatoes is the question of how the united states should handle the syrian dictator, bashar al-assad. rubio says bashar al-assad needs to go asap. cruz says the u.s. shouldn't be decide who runs these meet -- lead these middle eastern nations. charles: mei kerks, you are a cruz person. you have got to be excited.
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think of all the people who ran into the shadows of donald trump. >> cruz has been soaring upward. he's bent tortoise, slow and steady, consistent with his messaging. i know a lot of the bloodthirsty media is fleerk a middle weight title fight. charles: heavyweight. >> they are look for a sugar ray leonard and roberto. they may take some playful jabts at each other and go to toe to . i don't see any knockout punches. charles: but do you think cruz will win? could this be the moment he overtakes donald trump tonight? >> he has a good chance of doing so. while this rivalry has been played up.
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bear in mind even husbands and wives fight and they kiss and make up. they each said they would absolute other in their administration. my dream team is trump-cruz or cruz-trump. charles: our next debate will be thursday, january 14. and then they will take center stage in south carolina. open arms, angela merkel about to make a serious about-face. she is saying multi-culturalism doesn't work. wow, we'll be right back.
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charles: angela merkel has a change of heart. the german chancellor welcoming refugees. in a conference yesterday she said multi-culturalism leads to parallel societies. she says germany will reduce its admittans of refugees.erika, a n
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america when the debate was raging, said look at germany, they are taking 800,000, they are taking a million. they have open arms, they understand compassion. maybe they don't anymore. >> i think that was a false comparison. we have taken in 1,200 people and we have been fighting over a pledge to do 10,000. countries like the u.s. need to help ease that. charles: germany is saying this is a mistake. these people don't assimilate. i don't know why she came to this he decision. but to do this about-face is embarrassing and puts a lot of progressives in america in an awkward position. >> i think it has a lot of people stunned. there is a difference between
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accepting refugees who are fleeing violence and a regime we don't agree with. isis, we are at war with and not accept the people fleeing that fly lens and ideology i think is counter productive. it's not same thing to say multi-culturalism and accepting these refugees that they have to be one other other. there are challenges to multi-culturalism but we have to deal with this refugee crisis and deal with it like adults. charles: they arrested a top isis recruiter. the danger is all throughout the west. then the other side is the multi-culturalism part. we understand neighborhoods and whether it's paris or scandinavian' community where the muslim culture refuses to
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assimilate and adopt to the western cultures. >> i wonder how "time" magazine feels after she came to the reality that multi-culturalism doesn't work. this is the united states of mayor what today, one nation under god indivisible with liberty for all. it reminds me at the bottom of a melting pot you get sludge. >> the melting pot can work but you can't say give me all the ingredients and i will make my own soup. i think she realized this in 2010 but the politics pushed her the other way. immigration is a process. but the people coming to any country have to be willing to assimilate. charles: i think going to the
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ballpark and saying the pledge of allegiance and eating hole shot dogs is a great thing. the any lenalls want troops on the ground but they don't want to go.
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:
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. charles: a recent survey of america's 18-29-year-olds by harvard found that after the paris attacks, an astounding 60% said let's do this. send ground troops to fight isis. 62% said they wouldn't join the military. only 9% said they would consider it. bo and general scales are back with me. all right, general. good to want to send in the troops, but you go! i don't want to go. what do you make of this, general? >> well, first of all, for that generation, since they were 10 years old war has been a spectator sport, charles. it's been zero dark 30 or lone survivor, watching close combat on television. and to your point, the prospect of going to war for millennials would be a lot different if they were going to be drafted
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to go into the war. good for them, the american public opinion, two years ago would absolutely have fought against the prospect of a land war, after paris and san bernardino, public opinions are changing, but i'll be cynical about a 24-year-old who wants to send his middle class blue collar friend into war while he sits back and watch tes on television. charles: the 31 million, 17-24-year-olds, 71% would fail to qualify, they would fail a physical or mentally. >> i'd like to know how this thing came about. i'd like to know how they took this survey. i want to say something about our men in the military. the men in the military would go to tomorrow, and in that age group, our guys and ladies in the military would fight tomorrow for this country. charles: they are absolutely amazing. >> not talking about the kids on the video games at home who
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play war on the video games. charles: i think we'll all admit, bo, the young men and women in the military are exceptional, so extraordinary. and we all salute them. a lot of brethren would rather stay home and play video games than think that's the real world ordering out troops is something else. >> we have to stick up for the military people first and foremost. charles: absolutely. >> i agree, everybody can talk real tough when they're behind the video game, bing, bing, bing! nobody is shooting back, then all of a sudden, yeah, let's go, especially when they have a couple of beers, they get real brave until the beers wear off and they go where's mommy and daddy? charles: they spent the last seven years leading from behind. representative duncan hunter claims the fbi made a botched payment to secure senator bowe bergdahl's release, senator hunter wants an investigation
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into the bureau. this bergdahl thing heating up. the court-martial proceedings going on, how deep should we look into all the other aspects, including the fbi, and ransom being paid. i know that was against policy. what was going on? >> charles, ransom being paid, money exchanged in the middle east? i'm shocked! completely shocked. here's the thing, what's important here, what our viewers should take away is that for the first time in my 39 years of military service, a general court-martial convening authority has taken a misdemeanor charge and turned it into a felony charge in our system, and that is extraordinary, and it shows that the army at last has stepped up to responsibilities. it's placed values and ethics ahead of political correctness, bergdahl is facing a court-martial, and i salute my friends. charles: a political presser. >> this is one of the most unbelievable thing, when we
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look at the great parts of our president, what he did in his period of time. this is one of the sore thumbs when you have him honoring the father and mother at the white house, when you set free the five savages, savages are what they are, back into the environment out there, and we had good american soldiers that got killed looking are in kid. this was a disgrace when they let those people out of guantanamo, and what's going to happen is we're going to find out more of them have taken arms. these are people, when you have a cockroach and mad dog, what you do with them? you kill them, you don't let them live. charles: what do you think about the fbi trying to buy his freedom? could you imagine that? >> they have such great military people and they put their lives on the line, to find this kid and some died, i heard. charles: thanks a lot. we're living in a real difficult time, they evacuated an entire school system, the
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second largest one in america today to remind us how vigilant we have to be. general, bo, appreciate your service tonight. watch us every night at 6:00 p.m., try to cover it all for you. markets, politics, your livelihood, lou dobbs is next. lou: good evening, everybody, i'm lou dobbs. a new pentagon report makes it clear, crystal clear, that president obama's most recent public assessment of the islamic state is not only misleading, it's utterly wrong. according to the pentagon report, the islamic state is not shrinking but, in fact growing, growing stronger in afghanistan. the pentagon report says the islamic state is now openly fighting the taliban there and trying to establish territorial control in large regions. i'll take up the administration's terrorist strategy with general jack keane right here in just moments.

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