Skip to main content

tv   Risk and Reward With Deidre Bolton  FOX Business  April 15, 2016 5:00pm-6:01pm EDT

5:00 pm
melissa: that was really good. fallon's impression is amazing. ted cruz was like funny. i didn't think he had that looseness. connell: well, yeah. that does it for us, ay? melissa: "risk & reward" is now. >> number one honesty and straight talk, hard-working people. it is about family. >> we have states, governors, doing everything they can to restrict women's rights. we have a presidential candidate by the name of donald trump saying that women should be punished. [applause] >> by the way if you think about bernie and hillary, by the time they're done giving away all free stuff, the debt will be $30 trillion and nobody will get a job. >> if we can not win the election, if hillary clinton becomes the next president for four or eight more years, the
5:01 pm
people of new york know full well what comes from that. >> i stood up against the behaviors of the banks when i was a senator. i called them out on their mortgage behavior. >> secretary clinton called them out. oh, my goodness. they must have been really crushed by this. [laughter] [cheering] deirdre: the race is as intense as ever on both sides of the aisle. we'll be bringing you more from the republican and democratic event last night. this is "risk & reward," i'm deirdre bolton. analysis to come, but an issue that was overhanging donald trump's campaign is reaching closure. fox business spoke directly with the trump campaign manager corey lewandoski. the florida prosecutor's office not to press charges of battery, a reminder of the issue at a trump event in march. reporter michelle fields alleged lewandoski grabbed her while she was covering that event. blake burman, my colleague,
5:02 pm
conducted interview with lewandoski. great to see you. >> reporter: thanks for having me. deirdre: a great get and a great conversation. i know structurally it was half about this michelle fields incident, half about policy. reporter: right. deirdre: first and foremost the mesh shelled fields issue what stands out from your conversation with lewandoski? reporter: we obviously had to talk to him about that. that was the story of the day, h involving corey lewandoski. kind of got feeling he was relieved, not just on personal levy. deirdre: i'm sure. reporter: he has a wife and four kids at home and talked about the campaign, donald trump standing by him. this was issue they really felt they wanted to get behind them and now they want to move forward. you remember at the time when all of this happened, when the charges were first brought in last month or, yeah, last month it was cruz campaign, the kasich campaign and even the candidates themselves were asked what would you do and, they said, either suspend or fire lewandoski if
5:03 pm
lewandoski was working for them. so i asked lewandoski today, do you want an apology from those folks and here's what he said. take a listen. >> i no, i don't want apology bt it is important when you look at those campaigns, and the people heading those campaigns whether senator cruz or governor kasich, what they're saying is we'll not give you the benefit of the doubt. we recommend we fire you before there is due process. that is what they said. that is unfair. reporter: lewandoski said this is another example of all talk, no action politicians, and somebody stand by his convictions. donald trump said all along i will not ruin had guy's career and lewandoski is out of the woods. deirdre: stood by him, to your point. lewandoski became the story, not his candidate donald trump, any part of a strategy team that is the last thing -- reporter: last thing you want, especially at the top, you don't want anything knocking you down. deirdre: ask you about the other part of the conversation, that is this race which is more
5:04 pm
intense than ever. what did he say about the state of play, again from inside the trump camp? reporter: they have been adding up staff as the campaign goes on, paul manafort we know, convention delegate manager, they added rick wiley, scott walker's old campaign manager, earlier this week, hovering about all of this, the fact there was michelle fields stuff going on, he was still legally potentially criminal at that point. i asked him who is running the show, is it manafort. is it wylie? what are implications here. he said they are building up their campaign as they go. here he is. >> ted cruz best days are behind him. he will not do well here. most likely reason for that he made a pejorative term about new york values. new york values are people who work hard and rebuilt the city after worst terrorist attack on our soil ever. people remember that. the difference when you have someone like donald trump done
5:05 pm
so much for state of new york and so much for this city, people turn out in massive numbers to reward him for the loyalty. reporter: switch that up, lewandoski said basically added staff. that bite was new york values. he thinks they will do very, very well here. that whole new york values thing ted cruz obviously got himself mixed up in will come back to haunt him. when i asked lewandoski about new york on tuesday, 95 delegates, will you get all 95? he wouldn't go there as you heard him there they expect to do very, very well. deirdre: most people say it would be very difficult for trump to get everything, right, but he is expected to get something like 83. >> the way this is broken out is congressional districts. as they kind of explained to me, in some districts you have 30, 40,000 republicans. in other parts of new york you might only have hundreds or a few thousand. does or 100 people here and there can sway it one way or the other. nobody wants expectation you
5:06 pm
have to go 95 for 95 but they clearly feel that they're going to do well on tuesday. and they also said, going forward they think there is the possibility that ted cruz might be mathematically eliminated from getting 1237 or close to it. >> blake burman there, with his conversation with the trump campaign manager corey lewandoski. for his reaction to the fox business interview we'll bring in trump campaign senior strategist sam clovitz. sam, great to see you. >> great to be on with you, deirdre, appreciate it. deirdre: what do you think of my colleague, blake burman, my colleague did that fantastic interview with lewandoski. this is big push forward, a big move forward for the trump campaign. they can be 100% focused. >> i think so. speaks to the character of mr. trump which is what the american people recognized he is loyal to the people that work for him and people that work for him are very loyal to him.
5:07 pm
deirdre: okay. now two important publications came out in the past 24 hours that affect the trump campaign. first that donald trump published an op-ed in "the wall street journal" asking americans if the system is working for them. >> right. deirdre: of course the subheadline, no wonder voters demand change. second publication, rnc releasing a memo to all candidates with the rules for how delegates will be chosen for the republican national convention. so, sam, i want to start with the rules first. >> right. deirdre: trump has been saying the rnc system is rigged against him. do you think that the rules being made public should quell this concern? >> well i think that the big issue is it exposes a lot what goes on inside of the primary system in both parties. we have a caucus, we have primaries. we also have, you know, really the establishment people picking delegates inside of the closed rooms and this is, every state has a different set of rules.
5:08 pm
every state has a different system. this is allowed i about the rnc. i think what is gross to is that the, primary system in this country probably needs an examination. we have gone out and collected eight 1/2 million votes. we're well on our way to the 1237 for the delegates, and what we think is important the american people, particularly the republicans voting in these primaries, republicans, democrats, the independents in the open primaries should have their say and it should be the people who select these candidates and this is the way this process ought to work. and we think there ought to be leveling out along the way here. deirdre: even the rnc, we had somebody on from the rules committee saying, yes, essentially these rules are archaic for which i want to ask you, "politico" just posting this, the rnc may debate this proposal next week. there is of course this spring meeting in hollywood, florida. >> right. deirdre: and on the table to be discussed is this idea of giving
5:09 pm
the delegates a little bit more power. so the just to be clear, this is not the decided. it is something that will be discussed next week. but if that were to happen, how would you feel about that? >> well, i think if the rnc is going to move, they will change the rules before the convention which i think is very ill-advised. i think that if they're going to do it, now is the time to do it because they have, a couple of months to absorb, you know the storm that will come out of that. i think what they probably ought to do is have the discussion, and in the rules committee they will have the discussion because this goes on all the time in rnc rules meetings. they sit down and discuss different options. they look who is first-in-the-nation. they have carveouts. they look at penalties for jumping the line, a lot of these issues but i think what really is in question here is the evenness and levelness of the primary system. and are the american people are
5:10 pm
voters getting significant opportunity to have enough say in this process or is this still an archaic system held by the power brokers inside of the party in various states? that's really the question. deirdre: sam, i want to ask you another question. >> sure. deirdre: i want to show our viewers something that is going on right now and this is protest on behalf of trump. this is happening right now in denver, colorado. so not a huge group of people but certainly a few, maybe about 100 there, protesting on behalf of donald trump. but let me get back, sam, what you were saying. if delegates were more empowered. that is to say if this comes to past where they are quote, unquote unbound in some case, do you think that would help donald trump? >> i don't think unbinding the delegates is really the issue. i think what we ought to have a is a consistent process through at least the first or second ballot, a person does well in particular primary state, that
5:11 pm
we a system even across all the states that those delegates are bound on the first ballot. if you release the delegates, there is no point having primaries or caucuses. that is the relevant point here. is that if you unbound, this is one of the big issues that happened in' 12. if you remember we had some rogue states out there, mine in particular, iowa, where we had particular movement of a particular candidate that came in -- deirdre: dr. ron paul. >> followed the rules and they ended up with 22 of the 28 delegates. that is how they voted when the roll call was sustain. they -- taken. it did not reflect at all the caucus outcomes. i think before you start playing fast and loose with allowing delegates you know to, nevada freestyle whatever the term is, let's make sure people that go through the primary process are rewarded for putting out their time and energy and money.
5:12 pm
in our case, our candidate's money to make sure we have the opportunity to have those votes reflected appropriately at least through that first ballot. deirdre: well a fair point indeed, sam. in fact dr. ron paul was on the show. i won iowa. nobody knows that. nobody paid attention and nobody cared at the time. he shares your view that reform would be a good thing. sam clovis. thank you. >> thanks, deirdre. deirdre: trump campaign advisor there, senior strategist. don't forget, speak speaking of tuesday, i will join dobbs, neil cavuto the whole team, 7:00 p.m. eastern. we'll bring results and analysis as well. we're monitoring this pro-trump, you can see there. i don't know if you call it a protest, but people out in support of donald trump in denver, colorado. so we will bring you there if any developments occur. in the meantime all three gop candidates spoke at a
5:13 pm
new york actual la. some say they were unwelcome to ted cruz because of his comments. the crews spokesman said there were other elements in play. senator cruz putting funny spin on the skit with jimmy fallon. here what the senator said afterwards in a few. ♪ you totaled your brand new car. nobody's hurt, but there will still be pain. it comes when your insurance company says they'll only pay three quarters of what it takes to replace it. what are you supposed to do? drive three quarters of a car? now if you had liberty mutual new car replacement, you'd get your whole car back. i guess they don't want you driving around on three wheels. smart. with liberty mutual new car replacement, we'll replace the full value of your car. see car insurance in a whole new light. liberty mutual insurance.
5:14 pm
who don't have access thto basic banking,on people but that is changing. at temenos, with the microsoft cloud, we can enable a banker to travel to the most remote locations with nothing but a phone and a tablet. everywhere where there's a phone, you have a bank. now a person is able to start a business, and employ somebody for the first time. the microsoft cloud helped us to bring banking to ten million people in just two years. it's transforming our world. doing small gigs,side gigs...gig gigs. quickbooks self-employed helps me get ready for tax time. to separate expenses,i just swipe. it's one hat i don't mind wearing. [passenger] i work for me. and so does quickbooks. it estimates my taxes,so i know how much stays in my pocket. and that's how i own it. [announcer] stay in the flow with quickbooks self-employed. start your free thirty-day trial today at join-self-employed-dot-com.
5:15 pm
youto get the help you'refar looking for. that's why at xfinity we're opening up more stores closer to you. where you can use all of our latest products and technology. and find out how to get the most out of your service. so when you get home, all you have to do is enjoy it. we're doing everything we can to give you the best experience possible. so when you get home, all you have to do is enjoy it. because we should fit into your life. not the other way around.
5:16 pm
shoshow me more like this.e. show me "previously watched." what's recommended for me. x1 makes it easy to find what you love. call or go online and switch to x1. only with xfinity. >> you take a guy likely inch ted cruz, lyin' ted. you know he talked about new york values. did you see the debate? he talked about new york values. >> lyin' ted! lyin' ted!
5:17 pm
deirdre: new york primary on tuesday. donald trump remind ad new york city gala crowd about senator cruz's new york values comment. senator cruz spoke last night to what seemed like a distracted crowd. >> to stand and as one, stand united. let me know, theay we win is abuse right now -- deirdre: with me now cruz campaign national chairman, chad sweet. chad, great to see you back. >> great to be back. deirdre: we just saw the videos, chattering at their dinner table, standing, talking, taking selfies while senator cruz was speaking. was this a show of disrespect? some are telling it this way. some are saying crowd had to wait a long time to get in, even with tickets, they had to wait to be seated and were just hungry? >> there was no disrespect at all. at end of the day unfortunately
5:18 pm
they had problems with the mic. at end of the day, many in the audience that clapped and applauded at senator cruz's message, which i think at end of the day we know on this day of all days, tax day, that we're born free and taxed to death. one of the key messages the senator was trying to deliver, liberal values of big government democrats of new york have been taxing to death the hard-working men and women of that state. if you think about it, i went to college there. tried to get a job out of college. i can tell you by the time i left the state i left specifically because when i left i was paying between state, local, federal taxes over 52% of my gross income was going towards taxes. i was spending majority of income to pay for heavy-handed big government policies of new york. deirdre: you're not alone. something like 40% of students are not able right now to pay back their students loans. >> that's right. deirdre: which is why donald trump or part. reason why he wrote this op-ed style piece in the "wall street journal," asking
5:19 pm
americans if the system is working for them and it reads, in part, quote, my campaign strategy is to win with voters. ted cruz's campaign strategy is to win despite them. what we are seeing now, is not a proper use of the rules, but a flagrant abuse of the rules. delegates are supposed to reflect the decisions of voters but the system is being rigged by party operatives with double agent delegates who reject the decision of voters. how much of a headwind do you feel like this is for senator cruz, for the campaign, to project this message that the people are choosing the senator. >> just the opposite groundswell of support for senator cruz is why he is winning. winning not because of funny business. he is playing by the rules. let's remember, i would ask viewers question, donald trump when he was winning, for example, won in arizona with
5:20 pm
only 47% of the vote but he got 100% of the delegates. so ask yourself, the question was he whining then and saying that was unfair. no, in fact he only whines when he loses. ted cruz does not whine when he loo loses. he stands up and mans up. if he wins, he wins not because of funny business with the rules, the support, ground swell, the grassroots coming. we've seen that across the board. look state after state, utah, he won 40 out of 40 delegates. trump got zero. in colorado he won 40 delegates, trump got zero. in wisconsin, we saw sweeping victory. out of 42 delegates, trump got six. out of north dakota, of 19 declared delegates, cruz has 18, cruz one. he won 28 of delegates.
5:21 pm
trump won seven. 97% win rate. that is why donald trump is whining. he is losing and i is not used to losing. deirdre: i want to ask you something. we do have this shot of denver, colorado. people are there protesting the gop rules. that is to say they are in favor of donald trump. now the rnc come out and said, no one has complained other than donald trump about the colorado delegates. but there are people there, as our viewers can see in the streets. what is your take on that as far as groundswell goes? >> one thing that is important to stress, both senator cruz and donald trump actually have common ground, they both want the rules to be transparent which they are. they don't want any funny business or changes. senator cruz would compliment donald trump for the races that he won. we believe he has won them fair and square. no one is accusing him of any foul play. i would ask the trump campaign who asserted there is foul play, ask the viewers the question, can they name, have they ever
5:22 pm
name ad single delegate quote, a double agent? have they come forward and told us what supposedly was the foul play that happened? they can't do it because there hasn't been any. this is the issue. we have a common ground with the trump campaign we want rules fair and transparent. if we lose fair and square we will tip our hat to donald trump. we would ask the same he be a good sport and man up and play by the rules and not whine about it. deirdre: chad, we thank you. >> thank you. deirdre: with me there from the cruz campaign. speaking of, do not forget to tune in this tuesday. a heated new york primary. lou dobbs, neil cavuto, myself, the whole team, we are going to start bringing you instant results and analysis at 7:00 p.m. eastern time. self-described conservative says she would rather vote for hillary clinton rather than donald trump. what makes her opinion more interesting, she is a delegate and she is pledged to senator rubio.
5:23 pm
>> i thought about this, gretchen, to be honest. i think there are probably a great many people who are thinking about this i've been called a democrat. i've been called a republican in name only. truth of matter, i know what i'm getting with clintonian policies. i don't know what i'm getting with donald trump. deirdre: she is getting death threats for that interview. she is with me next. at mfs investment management, we believe in the power of active management. we actively manage with expertise and conviction. so you can invest with more certainty. mfs. that's the power of active management. when a moment turns romantic why pause to take a pill? or stop to find a bathroom? cialis for daily use is approved to treat
5:24 pm
both erectile dysfunction and the 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, or adempas for pulmonary hypertension, 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. if you have any sudden decrease or loss in hearing or vision, or any symptoms of an allergic reaction, stop taking cialis and get medical help right away. ask your doctor about cialis and a $200 savings card.
5:25 pm
5:26 pm
>> here's what's happening here. so, we vote, and whoever wins gets 17 delegates. but whoever doesn't win, can get like 35 or whatever the difference is between the -- so think of it. you beat somebody badly, with the people. because it's a rigged system, folks. republican system is a rigged system. deirdre: donald trump saying that the system is unfair. my next guest is a rubio-bound d.c. delegate. she says if trump is the
5:27 pm
republican nominee, she may vote for democrat hillary clinton. with me now, is rena. welcome. we're glad to have you here. you have the right to your opinion. you have the right to your vote. i don't want to pile on, but, i do need to ask, as a self-described conservative, how can you consider voting for a democratic candidate? >> i'm clearly on the record as not supporting donald trump. and, again, as a private citizen, that is my choice. and i have to tell you, i really look at empirical evidence here. in every poll hillary clinton beats him. it is our responsibility as republicans to put up in general election a person who can win for our party. i don't see him as candidate who can win. i don't think he is the best choice for my party. nor i think he is the best choice for my country. that's why i wouldn't vote for him in the general election. deirdre: if he ends upbeating nominee, wouldn't you want to see the party represented, that is to say the republican party
5:28 pm
represented versus the opposing candidate. >> i don't find him to be conservative. look, this election is about choices and comparisons. if we get to november, at that general election and two poor choices on ballot are hillary versus trump i have to choose one less bad. in that case it would be hillary clinton. deirdre: what about a libertarian candidate? >> you know it's a shame that our system is where it is this day and age. we should be so much further than that tells you what shambles it is in, we don't have a better alternative. this two-party system really got us at the throats. voters don't have better alternatives, four front-runners, five if you count governor kasich who is still in the race. these people are not the best america can offer. frankly from my party's standpoint, these are not the best leaders. i'm saddened by the state of affairs this what it comes to in november. deirdre: i want to bring in something we're monitoring right now for the viewers. it is anti-gop protest, rnc i should say protest.
5:29 pm
it's a pro-trump group in denver, colorado, people there are chanting, stop the steal. the rnc has said publicly that no one has contested the colorado results but we are looking at about 100 plus people on the ground in denver, colorado, doing just that. so what happens to your delegate -- are you a free agent after the first rounds? >> so, confusion for many, many people across this nation right now, why is this process seemingly rigged in many people, in minds. i don't think it is rigged at all. frankly rules were put in place a year-and-a-half ago right now. rnc role is administrative one. it is fair because the local party can determine what they want to do. that brings to my part about the local party, senator rubio won. i'm proud to be one of his delegates. governor kasich was close second. i'm a free agent per geoc rules. deirdre: as cruz's camp courting
5:30 pm
you? >> i have not been courted by any other campaign. that is fine by me. i'm going to cleveland to vote my conscious after the first ballot. i wished senator rubio had not dropped out. we need a real leader. i look forward to see what our delegation does. 10 are rubio delegates. the other nine are kasich. i'm looking forward to getting over there to speak with my fellow delegates what is going to be best for voters of district of columbia. i've been elected to choose for them. rubio is the primary and governor kasich is close second. >> we'll check in with you as soon as possible. thank you for joining us. rena joining me there, a pledged delegate to senator rubio. in response to russia's aggressive move in the baltic sea, secretary of state john kerry made this comment. [airplane engine noise] secretary says we should have responded differently.
5:31 pm
we'll fill you in on all the details when we come back. we'll also stay on this international scene because iran is defying sanctions again. one of their top generals went to moscow for talks with putin. we will be asking retired u.s. commander about russian arm sales to iran and other matters. ♪ igh school, learned the horn from my dad and played gigs from new york to miami. but i couldn't bear my diabetic nerve pain any longer. so i talked to my doctor and he prescribed lyrica. nerve damage from diabetes causes diabetic nerve pain. lyrica is fda approved to treat this pain, from moderate to even severe diabetic nerve pain. lyrica may cause serious allergic reactions or suicidal thoughts or actions. tell your doctor right away if you have these, new or worsening depression, or unusual changes in mood or behavior. or swelling, trouble breathing, rash, hives, blisters, muscle pain with fever, tired feeling or blurry vision. common side effects are dizziness, sleepiness,
5:32 pm
weight gain and swelling of hands, legs, and feet. don't drink alcohol while taking lyrica. don't drive or use machinery until you know how lyrica affects you. those who have had a drug or alcohol problem may be more likely to misuse lyrica. now i have less diabetic nerve pain. and these feet would like to keep the beat going. ask your doctor about lyrica. : every day you read headlines about businesses being hacked
5:33 pm
5:34 pm
and intellectual property being stolen. that is cyber-crime. and it affects each and every one of us. microsoft created the digital crimes unit to fight cyber-crime. we use the microsoft cloud to visualize information so we can track down the criminals. when it comes to the cloud, trust and security are paramount. we're building what we learn back into the cloud to make people and organizations safer. . deirdre: multiple sources are reporting that iran's major
5:35 pm
general soleimani made a surprise trip to moscow for talks with russia's military to discuss the conflict in syria as well as delivery of russian missiles to iran. this alone directly defies u.n. sanctions that forbid the iranian major general from international travel. retired u.s. naval commander kirk leopold is with me now. commander, thanks for the time. is the trip ensuring that surface-to-air missiles are delivered and talking about what else russia can offer iran for the right price? >> thank you for having me on, deirdre, and yes, that is exactly why he went. the iranians want to solidify and guarantee the russian offer to give them the s-300 missile systems which is one of the most sophisticated weapons systems they produce and gives iranians a capability that should have not been allowed under the nuclear agreement. deirdre: the u.s., saudi
5:36 pm
arabia, israel, all condemned this sale. russia apparently doesn't care, so what next? >> i don't think russia cares, and we have to find a way if russia gives these things under the way the agreement was written, nber one, this is why i think myself and many others oppose that agreement, but we have to figure out how to overcome it now. what are going to be weaknesses and how do we defeat it? this system is in place to not only defend nuclear facilities but the intercontinental ballistic missiles systems they developed, command and control nodes, leadership nodes, a step-up in the game in the middle east and tends to destabilize the area rather than enhance security and need to hold russia accountable for giving them that weapons systems. deirdre: should we consider giving sanctions back, undoing the deal that you and many other military leaders were clearly against last summer, and/or sanctions against russia at this point?
5:37 pm
>> i think we put sanctions back in place and relate them not to the nuclear agreement which we unfortunately signed up to but rather the ballistic missile test that iran is continuing to conduct. we also look at russia and begin to find ways to hold them accountable for allowing the systems to be sold because of the destabilizing nature it introduces back into the middle east by creating a sanctuary for iran should they withdraw from the agreement now has protection against facilities that allow them to continue to develop and eventually build a nuclear weapon. deirdre: we have to get back in there, retired naval commander thank you, joining me there. when we come back, an interview going viral, sheriff david clarke on this show calling out democrats for pandering to the reverend al sharpton. find out what words he used that has the video going viral? also the real $15 minimum wage supporter please stand up. democrats arguing over who
5:38 pm
actually supports it, my next guest is an employment expert who says if either of these candidates win, the united states collectively loses. thousands of people came out today to run the race for retirement. so we asked them... are you completely prepared for retirement? okay, mostly prepared? could you save 1% more of your income? it doesn't sound like much, but saving an additional 1% now, could make a big difference over time. i'm going to be even better about saving. you can do it, it helps in the long run. prudential bring your challenges in new york state, we believe tomorrow starts today. all across the state, the economy is growing, with creative new business incentives, the lowest taxes in decades, and new infrastructure for a new generation attracting the talent and companies of tomorrow. like in rochester,
5:39 pm
with world-class botox. and in buffalo, where medicine meets the future. let us help grow your company's tomorrow - today - at
5:40 pm
5:41 pm
. >> if a democratic congress put a $15 minimum wage bill on your desk, would you sign it? >> of course i would. >> i am sure a lot of people are very surprised to learn that you supported raising the minimum wage to 15 bucks an hour! [cheers and applause] >> you know, wait a minute! wait a minute! wait! wait! i have stood on the debate stage with senator sanders eight times, i have said the exact same thing! >> senator, please. secretary, when i'm talking. secretary, the viewers --. if you're both screaming at each other, the viewers won't be able to hear either of you. please don't talk over each other. deirdre: a heated exchange between the democratic rivals
5:42 pm
over the minimum wage. with me now, an employment expert, he's the research director of the employment policies institute. michael salsman. thank you for joining us. sanders calling out hillary's confusing position. getting down to brass tacks what does it do to our economy if all cities, if all states go to a minimum wage of $15 per hour or higher? >> a $15 minimum wage would be devastating to the economy. historically the federal minimum wage has averaged about $7.40 an hour, when you go to $15 you're going to more than double the historical average. there's a reason when we survey labor economists on the issue, 72% said it was a bad idea, including majorities of democrats, republicans and independents. i think hillary clinton is kind of trying to have it both ways, wants to act like she's moderate and reasonable with a $12 minimum wage, the democratic party moved so far
5:43 pm
to the left on the wage issues, going less than 15 is viewed as heresy. deirdre: you are saying his position is clear, if it were bad for the economy, he's clear? >> that's right. he's the clear on the fact that hillary has been inconsistent on the 15 issue, and, you know, she stood up with governor andrew cuomo and stood with him while he signed the $15 bill. the truth is left of center economists, folks from the clinton and obama administrations like katherine harris and if the $15 level you realize at $30,000 a year full-time for someone 17 years old, it's not reasonable. deirdre: michael, let me ask you this, this is your field, you are director of research. you study the implications, consequences intended, and unintended, the idea is that minimum wage at least in the past was for people who are also going to school or people
5:44 pm
who are supplementing an income or teenagers. it was never meant to support a family of four, let's say, right? >> yeah, i think the important thing in the minimum wage debate is what's the best way to achieve a reduction in poverty? at the end of the day, that's what everybody wants to do. so historically over time, when you raise the minimum wage, if customers won't pay for the extra costs through higher prices and employers have to scale back on hiring it. things like the earned income tax credit are designed to help families, people supporting children without putting their jobs at risk, so i think that's the important debate to have when you're talking about whether or not to raise the minimum wage. deirdre: michael, thank you very much. glad to have you here. he is the research director at the employment policies institute. while it is day break in japan, the extent of damage from a magnitude 7.0 earthquake that struck earlier, you can see the area right now.
5:45 pm
massive landslide. the same region hit by a 6.2 quake two days earlier. the death toll stands at 9 for now. we will keep you updated of course. facebook ceo mark zuckerberg denouncing the political positions of what many assumed were donald trump. we'll see if employees feel the same way. a silicon valley ceo supports donald trump. we'll be with me for his take. and a cavuto interview going viral. a student protester on socialism. >> who is making that argument, feel? who is making that argument. >> using an example. >> the worst example.
5:46 pm
if youthen you'll know howouth, uncomfortable it can be. but did you know that the lack of saliva can also lead to tooth decay and bad breath? well, there is biotene, specially formulated with moisturizers and lubricants. biotene can provide soothing relief and it helps keep your mouth healthy too. biotene, for people who suffer from a dry mouth. perfect driving record. >>perfect. no tickets. no accidents... >>that is until one of you
5:47 pm
clips a food truck, ruining your perfect record. >>yup... now, you would think your insurance company would cut you some slack, right? >>no. your insurance rates go through the roof. your perfect record doesn't get you anything. >>anything. perfect! for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. and if you do have an accident, our claim centers are available to assist you 24/7. for a free quote, call liberty mutual at switch to liberty mutual and you could save up to $509 call today at see car insurance in a whole new light. liberty mutual insurance.
5:48 pm
5:49 pm
. >> i hear fearful voices calling for building walls and distancing people they label as others. instead of building walls, we can help people build bridges, and instead of dividing people, we can help bring people together. deirdre: mark zuckerberg taking what many people understood to be a swipe against donald trump. we are, of course, following the tone in silicon valley as we are from different parts of the country. we want to let you than according to a picture found on gizmodo which we will show you in just a minute, internal company poll went around. the print is very hard for you to see, what i can tell you is that it was essentially employees gathering together to try to build this kind of prevent trump movement. now back to, you should know this, denies trying to dilt the political tone in any one position or direction or another. i want to bring in somebody
5:50 pm
from silicon valley, an entrepreneur, chairman and ceo of a company called if, trevor, it is great to see. >> you thank you for having me. deirdre: in from the west coast, we know that in silicon valley, there are a growing number of libertarians. do you feel like there is an anti-conservative bench? is it believable what we reported about facebook? >> i think it is believable. there are a lot of liberal people and obviously a lot of immigrants who work in these companies, but there are, as you say, a lot of libertarians who run the companies. deirdre: and i know that all of these issues about privacy and security have come up and there are a lot of people who remain under the libertarian umbrella because they feel like government does not have a place. >> that's right, a huge topic, you see it. today we saw microsoft suing the government. everywhere you look -- deirdre: bigger than that. >> fbi, it is topic number one. deirdre: trevor, your business,
5:51 pm
if, you have done interesting things with superstars, you sold harrison ford's jacket to benefit a charity. how did you get ahold of the jacket and what's the link to the charity? >> that's right. if only is a marketplace for experiences and access to incredible people, and harrison ford, aka hans solo gave us his leather jacket signed from the "star wars" movie which we auctioned off and it sold for $191,000. deirdre: "star wars" fans everywhere and have you numerous arrangements that benefit charities. >> that's right, we're working with the rock for a huge project where can you meet him on the set of bay watch. deirdre: we have breaking news, we want to update you on what is going on in japan. extent of the damage from a magnitude 7.0 earthquake that struck early in the morning,
5:52 pm
you are looking at a massive landslide. this is the same region hit by a 6.2 quake two days earlier. the total death toll eventually standing at 9. we'll keep you updated of course. also keep you updated on an interview going viral. sheriff david clarke on this show calling out democrats for pandering. we will tell you why, and more on the reaction. crystal wright is here. we'll get her reaction to another interview making waves. neil cavuto's interview with a student protester on socialism. >> who is making that argument, neil? who is making that argument. >> i am using you as an example. >> no, no. >> darletta, just using an example. >> the worst example. there are two billion people who don't have access to basic banking, but that is changing. at temenos, with the microsoft cloud, we can enable a banker to travel to the most remote locations with nothing but a phone and a tablet. everywhere where there's a phone, you have a bank.
5:53 pm
now a person is able to start a business, and employ somebody for the first time. the microsoft cloud helped us to bring banking to ten million people in just two years. it's transforming our world. this just got interesting. why pause to take a pill? or stop to find a bathroom? cialis for daily use is approved to treat >> n 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. if you have any sudden decrease or loss in hearing or vision, or any symptoms of an allergic reaction, stop taking cialis and get medical help right away. ask your doctor about cialis and a $200 savings card
5:54 pm
5:55 pm
>> we need to recognize our privilege and practice humility rather than assume our
5:56 pm
experiences are everyone else's experiences. deirdre: hillary clinton condemning what she calls white privilege. some say the as anderring including milwaukee sheriff clark. >> they are whoring for votes. i find that insulting. deirdre: my next guest says hillary and bernie are trying to outblack each other to win the minority vote. what do you make about the comments about white privilege? >> hillary on the run hand says white people are caught up in their privilege and we need to
5:57 pm
you be how black people think. she is trying to lump all black people into the same black box. we see this from democrats every four years. they have done nothing for black americans for 8 years. she adopts a black dialect, trying to outblack her competitor. then business as usual. they have no record for black americans. then we see black american voting lock, stock and barrel for democrats for the last half century. deirdre: i want to ask you about economics. neil cavuto went to to to with a
5:58 pm
black student organizer. neil the government is in the position of running in the red. >> i shouldn't have to and the question of how to handle the deficit that the government created. i'm not government official. i wasn't elected into office to solve these problems. i'm a tax-paying citizen. i say that this system of capitalism has proven itself illegitimate and cannot provide basic things like education, shelter and healthcare. deirdre: she is a young person, this is a profile much someone supporting senator sanders and someone supporting the socialist
5:59 pm
agenda. >> neil cavuto asked the student. how are you going to pay for all of this. she need to read the united states constitution. the on thing we are obligated to provide her is liberty and freedom. we are supposed to pro ride for the welfare of the citizens and provide for the common defense. if she wants to a socialist communist existence she co-should move to north korea where everything is taken care of and has no freedom. all the free stuff she want is borne on the backs of people who work hard and make more money so she can get free stuff. deirdre: nothing is free, word
6:00 pm
to end on. crystal wright with me there. a quick reader here about japan. we'll keep you updated on what is happeningin response to the earthquake. charles: we end the week on a whimper on wall street but it's up for the week. we are just four days away from the new york primary. donald trump hold a commanding lead. but will he get all 5 delegates. as the fear of a brussels attack moves through europe. germany is debating whether to ban sexy ad.


info Stream Only

Uploaded by TV Archive on