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tv   After the Bell  FOX Business  June 20, 2016 4:00pm-5:01pm EDT

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second half of the year. liz: you heard it from david. we'll put all of his picks on facebook @lizclaman. [closing bell rings. let's get to david and melissa for "after the bell," guys. melissa: stocks sinking into the close. the dow had been up 271 points at the high of the session but we have lost quite a bit since then. if you look at the screen, just in the last hour. i'm melissa francis. david: i'm david asman of the pleased to be back. this is "after the bell." we have you covered on big market moves. first, here is what else we have this hour. major reversal at the justice department, coming down moments ago, why the doj and fbi now decided to release the full transcripts of the orlando shooter's call to 911 without omissions. donald trump firing his campaign manager right before the republican convention. the details behind this big move, what it means for his
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campaign. wall street putting pressure on hillary clinton. why big donors are threatening to pull out. melissa: back to the markets. so the dow had been up 271 points with all 30 dow stocks in the green but take a look. at least four right now in the red that you can see. phil flynn of the price futures group is a fox business contributor. he is watching all the action in oil and gold from the cme. lori rothman on the floor of the new york stock exchange. lori, talk to me what happened in the last hour? >> it was dramatic, right. i don't want to say a selloff because obviously still ended up triple digit but at session high we were up 270 plus points on the dow. probably some profit-taking. this is also time of day some of these polls come out of europe. we're expecting a couple 5:00 p.m. eastern if i recall correctly. ears open for that. there is also s&p rebalancing on friday. when you look at the dow, i love that heat chart of the dow components, interesting,
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technology, microsoft, apple, cisco, all in the red here at the close. worth a mention, the vix index, the volatility index measure investors fear climbing higher and higher all last week. well it came in today at weakest point, about 11% decline on the volatility index that says something. a lot of people are focusing on technology which has been battered down segment over recent weeks. so perhaps profit taking there. back to you guys. david: lori, thank you very much. phil, kind of lost in the shuffle with all the stock news today was oil which jumped nearly 3%. why? >> mainly because of the concerns or the lessening of "brexit" fierce and strong demand expectations but i'll tell you. what as the stock market sold off, oil prices staying near the high because there are other reasons, dave, for oil to be bullish. there is possibility of two strikes in two major producing areas, in nigeria and norway. we're still seeing signs demand is really strong but one market
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i want to mention is natural gas. a new high close for the year because of excessive heat we're seeing in the western part of the country, the southwestern part of the country. they're warning about a natural gas shortage, rolling blackouts. that caused natural gas to hit a new high for the year. gold prices were warning on the "brexit" fearss. if the "brexit" fears go away the gold rally guys away. we saw weakness in the gold prices. we didn't pull all that much back. we pulled through $1300 an ounce. a lot of people are still bullish on the market even without the "brexit" fears. we saw a headline out of germany. germany said a "brexit" vote would be poisonous for the eurozone. that hurt the move on the stock market by the end of the day. a lot happened in oil and that has been a big mover today. david: i'm surprised gold didn't go up more than it did. i'm surprised it didn't tank. it was down only $2. phil, appreciate it.
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melissa. >> thank you. melissa: signs that u.k. leaning towards staying in the european union. erasing most of the day's declines before last hour. scott martin is here and fox news contributor. we are aaron gribbs of s&p advisory services. aaron, talk about the roller coaster. what is your impression of a lot of gains being given back in the last hour? >> i think, you know, really about the risk on, risk off, added volatility, taking some of that back off the table when people realized it was just a lot of euphoria. and also just unwinding of those trades. so, you know, for us, i think a lot of people have really expected this, in the long term. we've seen a lot of comments. we've seen also, if you look at some gambling sites, it has been more like 60% where people think they are going to stay in. i think most investors have been
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expecting this and you're just seeing someme intraday volatiliy flush out as we go through the day. melissa: scott, give me your take. is that your impression? do you think it was driven by technology? what is the deal here? >> it was pretty wild. a lot of buying started overnight and we kind of faded as more investors came to the table. i think david made the point of the day. gold was down a half a percent at low but came become almost flat that is the trade on consistently for few months, as rates gone down, as economic data has been less than impressive. "brexit" vote or not, we all probably agree britain will stay in but it doesn't change the fact that the fundamental flaws in the e.u. organization, they have a terrible economy right now, those are long-term problems that aren't going away whether britain stays in or not. melissa: right. erin, almost like any sort of euphoria out there is inevitably short-lived. you realize underneath it all is a bit of blah. technical term by the way.
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>> that is exactly what it is, when you're looking at like earnings quality going forward in europe, they're not looking to be profitable, to have, i'm sorry to have earnings growth. higher earnings until either the fourth quarter of this year or first quarter of next year. that means that the european union is making less money than it was last year all the way until fourth quarter. whether britain stays in or out, so that just isn't an area where you necessarily want to be investing in. david: nice, let as move over into another subject. the government targeting yet another merger. the obama administration is poised to block a $48 billion merger between anthem and cigna citing competition concerns. scott, first let's talk about the hypocrisy of this. here you have a government that has been removing competition from the hilt care industry, putting itself in monopoly position many places in health care, lecturing the private sector about monopolies and lack
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of competition. >> yes, david, and putting these companies in the position where they're forced to merge. you think about aetna and humana. look at anthem. you see that tens of millions of dollars that these companies in the private sector are losing on the exchanges. so they have no choice but to try to merge and try to get costs under control because they're getting hammered on the exchanges created by the hca. david: erin, is the government going to kill this deal? >> so there are some theories they are initially putting out these concerns in for anthem and cigna to actually be forced into more of the exchanges because right now -- david: hold on, you're suggesting that the government is blackmailing these companies to get them into the exchanges by denying the deal? >> it is not blackmailing. as part of any negotiations you ask for con seconds. david: i guess blackmail is a matter of degree but sounds at least like a little arm-twisting going on there.
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melissa? melissa: apple pulling out of republican national convention. the tech giant which previously backed both parties at conventions will not provide funding or support this year, citing donald trump's controversial comments as the reading, reason, sorry. this of course is according to a "politico" report. scott martin what do you make after company that is trying to sell a lost products to a bunch of consumers of making political statements? i guesss you could see both sids of it. trying to please customers on one hand but alienating a bunch of folks on the other. >> you do. you get those followers, melissa, frankly, apple's case or microsoft or google are who supporting the rnc here, maybe they look to the companies their moral compass, their directive? melissa: right. >> that is scary thing. i'm all for private companies doing what they want to do, don't get me wrong, when apple is talking about, when they wouldn't hack into the san bernardino's phone, things going into political arena,
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companies have to be dangerous about the mistakes they make with regard to how they play their politics. melissa: erin, that is play on china. that is the biggest market. i don't know if it surpassed u.s. but it is right there. but also they do so much manufacturing in china and -- >> that is where the growth is coming from. melissa: that is going to be a huge problem in theory if donald trump were to win. maybe this isn't so much political as it is, you know, watching their bottom line, what do you think? >> so, yeah, i agree. they know that their biggest growth needs to come from china and from the asia pac region so by not donating a few hundred thousand macs and ipads out is definitely a safer bet and it is not really going to have an effect on the stock price. melissa: yeah. scott, does this, what is the play on china here in terms of, do you think that is their real motivation? the idea, you know, that they manufacture so much stuff there in sort of questionable
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conditions? i mean that is, their consumers are always hearing those stories yet at the same time they will take a political stand oh, we don't like donald trump on this, i don't know? how do you sort through all of this? >> i don't know. you find ways to make your message, i guess tangible, right? erin is right, china is big growth engine. emerging markets for many of our tech companies where they see the eps growth next couple years everyone is being looking for but to me the messaging feels a little bit more pronounced on the politics side than it has been the last several years. that's all. melissa: thanks, guys. david? david: good team there. donald trump's campaign manager is out, just before the republican convention. what does this mean for his campaign going forward? melissa: department of justice bowing to pressure to release the orlando gunman's full transcript calls to 911. judge andrew napolitano is here with what you need to know on this one. david: tighter control of gun sales front and center. the senate set to vote on four bills within the next hour, two
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democrat, two republican, sparking a heated debate. >> the president, the whole gun ban movement said hey, don't look at terrorists, look over here, divert your attention, take your eyes off the problem because they don't want to face the embarassment of their failure in this terrorist area and they want to cover their butts and not talk about. when a moment turns romantic why pause to take a pill?
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melissa: peter barnes has latest details ahead of voting. this is heated one, peter. reporter: that's right, melissa. senate started debating four pieces legislation. two from republicans and two from democrat senator murphy. to close the so-called terror gap, to allow someone on terrorist watch list to buy a gun but none of these proposals appears to have votes to advance. the votes starting in another hour will be test votes to see if the measures can overcome filibuster threats. so each one requires 60 votes to proceed and all four measures have been considered by the senate in the past in various forms and none have gotten the minimum of 60 votes. now senator reid says at beginning of this debate that the democrats tried to pass sensible gun safety measures in the past but that republicans have been held hostage by the national rifle association but senate republican leader,
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majority leader mitch mcconnell says that instead it is opportunity to push a partisan agenda on the part of the democrats and they should negotiate seriously. back to you. melissa: all right. peter, thank you for that. david? david: well, the department of justice giving in to pressure just a little while ago, releasing the complete transcript of the orlando shooter's call to 911. doj issuing a joint statement with the fbi saying quote, we reissued the complete transcript to include these references in order to provide the highest level of transparency possible under the circumstances. here now judge andrew napolitano, fox news senior judicial analyst. well, this is an incredible turn b. >> yes. david: clearly they caved under pressure. is that good news? >> it is good news because it treats us like adults and let's us form our own judgment rather than the department of justice trying to he rewrite history, selectively releasing thing. david: treating us like adults. i heard more comments like that. what do they think, we're children? that is why the founders of the,
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this nation believed we should have everything at our disposal and make up our own judgments. >> of course they treat us like not aen. problem about islamic terror. it is a problem about gun control. gun control is about control of the population. and about preventing us from having the right not only to defend ourselves to shoot at tyrants who may take over the country. david: is it just about gun control or something more? some people say he is overcompensating for any kind of dumping on islam in light of all these incidents? >> i don't know what is in his brain but the original justice department transcript is consistent with his paradigm. david: right. >> his paradigm this is not an international problem. this is a domestic, law enforcement problem. by removing al-baghdadi's name and translating allah, into god, a translation most people know already, they were able to remove the sharp edges on this. david: well here's what the fbi said today. they had a press conference and
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they were sort of trying to make people understand why the redacted version was necessary. play that tape. >> the killer of 49 and shooter of 53 others identified himself as an islamic soldier who pledged allegiance to a terrorist organization which was bent on killing americans. he does not represent the religion of islam or the perverted view which based on what we know today was inspired by extremist killers. david: that is the administration's narrative. it is apparently so important for the administration to get that narrative out not only were they willing to redact this, jim kallstrom, former assistant director of fbi was saying publicly last week he had a bunch of fbi agents calling him we're get being directions from the white house, we can't use, we can't even investigate something if it is close to this islamic target. >> i'm surprised what jim kallstrom told you, former deputy director of fbi, ran the
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new york office, but, david, the pressure was intense on them to tell the truth. it turned out what they hid back is not as dramatic as we thought it was. it was merely al-baghdadi's name and as i said translation from allah. david: god. david: shows the degree which they're willing to go to play out this narrative that radical islam doesn't exist. >> when we first learned about the redaction, it came out of the mouth of the attorney general in an interview chris wallace did with her yesterday. that means that this decision to release and redact and to release only a written transcript, not the actual, sound, tone of his voice was made at highest levels. i suggest today, she was overruled by the white house when the uproar came about. how can you do this to us? the government can't rewrite history. they can not release or they can release but they can't the selectively release. david: it is scary, is it not, they are willing to dump on first amendment. the first amendment is the first for a reason.
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it the most important, to o play out their narrative that radical islam doesn't exist? >> are you surprised this government would continue its march towards tarnishing the constitution? it is hard to find a an amendment they have not tarnished. david: we'll leave the rhetorical question at bay. melissa. melissa: i love the passion. is the u.s. maybe profiling muslims calling it common sense while some in the u.k. look to try to protect their country from terrorist threats by voting to leave the european union. we are live in london. >> there is a few occasions in your life where you can see something going horribly wrong. and, this is one of those occasions where it is if, yeah, if the wrong decision is made it will do, irrepairable damage both to great britain and to europe. there are two billion people
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david: hillary and chelsea
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clinton leaving lennox hill hospital in new york city moments ago. it is a very happy occasion as you can see. hillary welcoming her second grandchild, aiden, into the world. we have a little glimpse of the babe with the grandparents there. that is sweet. melissa: we're days away from u.k. vote whether britain remains in the european union. new polls showing support for britain staying are strengthening. ashley webster is live from london with the latest details ahead of the vote. ashley, what can you tell us? reporter: tell you what, melissa, one thing i can tell you don't ever believe in the polls in the u.k. they are notoriously inaccurate. however, having said that, the bookmakers here in the u.k., who seem to have better sense of all this because they know where money is going there is much better chance now that the u.k. will stay in the european union. in fact women had, one of the bigger bookmakers here in the u.k., has the chance at 83%. it has been a strange last four days. certainly with the shocking shooting death of labour m p.j.
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o cox. with the campaigns ramping down with last week's events. here we are with the big week of the vote. the remain in e.u. camp has the momentum. it wasn't helped by nigel faraj, the u.k. president, who said that look, you know, staying in the e.u. is just not an option. he brought out very controversial poster that said we're at breaking point with the migrant crisis and e.u. has done it to us. that was seen as racist and bigoted. i think the stay in europe campaign picked up some votes. i spoke earlier with steve hilton, was former advisor to british prime minister david cameron. he is big proponent of getting out of the e.u. and he said, listen, forget the polls, when it comes right down to it, it is indeed going to come right down to the wire. >> i think this country right now is a 50/50 country. i think this is vote is on --
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for those who want to i say they're trying to frighten people with the idea that if britain leaves the e.u. there will be an economic risk, but the real argument on the other side is actually much deeper than that. it is not really about trade or economics. it is about the fundamental question, is britain a self-governing country that can make its own laws and its own regulations and its own rules, or, is it part of a superstate that's run from brussels by bureaucrats and technocrats that are not elected by anybody? reporter: by the way, richard branson, sir richard branson will campaign hard from now until thursday to keep britain in the e.u. i took a lot of risks in my own personal business affairs but i don't want to take a risk with britain getting out. e.u. still plenty of time to go for the polls to change. we have the big vote of course on thursday, guys. back to you. david: melissa: very eloquent argument, ashley, thank you for that. bringing both sides. we like it. reporter: you're welcome.
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melissa: fox business has live coverage all week leading up to thursday's vote. we'll keep it updated how it will impact you here and what this vote could mean for you and your wallet. david: on to the medical front, a major breakthrough in the fight against zika. two companies received fda approval to test a zika vaccine on humans. gene one life science plans to begin testing on humans within just weeks. good news. melissa: wall street versus elizabeth warren. a fight that has big donors threatening to pull the plug on hillary clinton. david: wall street doesn't like that woman. meanwhile the rift in the gop seems to be growing. >> we're going to beat hillary and it would be helpful if the republicans could help us a little bit. you know right now, i'm raising a lot of money for the republican party and a lot of beneficiaries from that and i like doing it but we have to have help. ♪ but, you've got hum. so you can set this.
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melissa: here is another look at stocks. blue-chips had been up 21 points at high of the day, rallying of fears that the u.k. would leave the e.u. begin to fade. investors have been following the vote closely which is set to begin on thursday. david? david: it was a busy day for the trump campaign between protests from veterans and loss of campaign manager corey lewandoski. presumptive gop nominee has a
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lot going on. john roberts is standing by trump tower in new york city with the latest. very busy day for mr. trump, john. reporter: it is as always, david. just when you think nothing is going on with the trump campaign. big crowd in front of the trump tower. they closed off the lobby because donald trump is coming down on the elevator from the 26th floor to the bar to interview with bill o'reilly. whenever he is moving they close off the lobby. big day. corey lewandoski, the campaign manager is out. campaign says amicable parting of the ways as they retool for general election campaign. insiders i talked to say much more than that ultimate battle of a long running power struggle between corey lewandoski and paul manifort. according to sources that i talked to manafort let it be
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known he couldn't work with lewandoski anymore. it is either him or me. you have 48 hours to make up your mind. apparently after a conversation with his children and ivanka and his son-in-law, trump decided manafort was one he needed to keep because manafort has a depth of experience going all the way back to the 1976 convention when he was working with gerald ford. lewandoski was the expendable one. he is the one that had to go. lewandoski had a couple of very important portfolios inside the campaign besides being campaign manager. he was in charge of course of the vice-presidential selection. he knows all inner-workings of that. who has been vetted. who is yet to be vetted. some of the candidates they may still talk. they have to keep his lips shut as well as he was new hampshire delegate chairman. he will be at the convention one way or another, david. david: somebody had to go and it was corey. john roberts, thank you very much. melissa. melissa: in the meantime hillary clinton maintaining lead over donald trump in the polls.
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new monmouth university poll shows the democratic candidate is head by 7 points among registered voters. guy benson, townhall.com columnist and fox news contributor. how much weight do you give to that poll? >> fair amount. it tracks with some other polling over last week or two, if you delve into some of the internals in the monmouth poll he is down eight points to hillary among likely voters and also importantly down by the same margin, eight points in the 10 battleground states that they tested. melissa: so it is pretty serious. also looks like it is him losing ground as her opposed to making ground. >> yes. melissa: the result of mistakes. does that make it easier to make up? >> potentially. if you look at polling again, these are two very unpopular people. she is way underwater on personal favorability by 14 to 11 points. problem he is at negative 29 right now. whether he can make up some of that ground remains to be seen. but sheep herself is not necessarily pulling away. it is people backing off of trump. melissa: so people saying today,
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feels like he is kind of wandered off track. brit hume said he wandered off in cul-de-sacs which is funny way of saying it looking from the sidelines. he made the change we talked about, corey lewandoski being out. does t this signal to you that maybe they can turn things around as -- does paul manifort seem like somebody that can control the message enough to get things on track. >> manafort is the guy reportedly trying to get trump more on script, more written out pieces, and choreographed a bit more where as lewandoski, his philosophy was, let trump be trump, let him do his thing which worked pretty well in the primary but maybe hasn't working out in the general election. i think firing of lewandoski was clearly based on a sense within the trump campaign from all sorts of outside pressures as well, that something is not right and had to change. he is the guy who got the axe. melissa: talk about paul ryan
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for a second. a lot of people making a lot out of this today. he is suggesting that he will not tell other republicans what to do. he is chairman of the convention. speaker of the house. doesn't want to encroach on making their own minds. he will vote for trump. how do you read those tea leaves. >> i think it is pretty straightforward and smart for paul ryan. he recognizes some congressional districts, his job as speaker to keep big majority as he can in the house. a lot of republicans represent districts where trump is very popular. they will run hand-in-glove with trump up and cozy right up to him but there are print of other districts that republicans currently represent where trump will be very unpopular and would be a liability to those republicans. so paul ryan is basically saying know your district, know your constituents, braced on what you have to do vote your conscience and do what you have to. melissa: all politics is local at the end of the day like real estate. >> especially in the house. melissa: thank you so much. fantastic. i appreciate it.
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david? david: hillary clinton is gearing up for a big speech tomorrow aimed at hitting donald trump's business practices. as trump looks to attract voters with his own economic agenda. to the "weekly standard"'s fred barnes and fox news contributor julie roginsky. good to see you both. fred, how vulnerable is trump to this charge? i heard a lot of people with whom this charge seems to be sinking in. that he is the big guy, well-connected, using a team of lawyers to hurt the little guy that he does business with? >> well, look, that is going to be used against him. remember what happened to mitt romney four years ago. it was very similar. but on the economy more generally, if hillary talks about that, she is not going to do well. the tax foundation, which is independent and non-partisan looked all her tax plans and said look, this will lose jobs and shrink the economy, not a lot but shrink it a little bit. on the other hand trump, who may
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have, who may have some cost metic problems about his business practices, really has a lot of incentives in his tax plan. david: well he does, but julie, as much as i love substance like fred barnes does, he has been writing about it for decades as i have, still the superficial stuff that seems to stick to these politicians. that's why trump has latched on to these nicknames for politicians with great effect in his part. her characterization of him seems to be having some impact. >> well it is not just her characterization. moody's analytics, mark zandi no democrat or partisan, came out and said donald trump's tax plan would lead to recession, 7% unemployment. 3.5 million people unemployed. david: i weren't stop you with you julie. i want to deal superficial. >> let's dumb this down. david: up interest as bully in business and picks on little guys with team of lawyers, that hurt. >> that has to hurt.
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"crooked hillary" all the little nicknames he come up with, that is not mark of a serious man running a serious campaign. david: i don't know. i think those nicknames are sticking, fred, just the way her attacks on donald trump's business practices might be sticking as well, but how does he counterattack, fred? because he is going to. does he continue with the charges of double-dipping by the clintons with the clinton foundation or does he say, hey, look, business is tough in new york, this is how you got to do business? >> you know that's a good question. probably do some of both but i think the smartest thing for him to do is talk about how flat the economy is now. how poor it's been. how hillary's plan, spend more money on bridges and roads and so on won't work. didn't work for obama. didn't work for fdr for that matter back in the new deal. and talk about the economy and don't, you know, don't trade cheap shots with her. look he is good at that but he will not be elected president doing that. >> maybe the campaign shuffle had something to do with that today. on to the democratic battle that
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is taking place, julie, wall street donors are seeking to block senator liz warren as a vp pick. this is according to a "politico" report. what do you think is going to happen there? i think hillary has to move to the center. she spent the past several months moving to the left because of bernie. if she picks liz warren or bernie will be seen more far to the left, no? >> you usually pick a vice-presidential candidate who has something you're lacking. that is why joe biden was vice-presidential candidate for barack obama. barack obama needed support among working class white voters biden could bring. the party is beginning to coalesce. liz warren would make since a month or twoing a. as the sanders supporters coming over there is less rationale for elizabeth warren. at end of the day wall street doesn't have much to worry by, who is the centrist? >> she needs someone to appeal to white working class voters. sherrod brown is not centrist.
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david: no he is not at all. >> some appeals to some demographic trump appeals to. david: what she needs to appeal to the millenials. somebody like julian castro also has hispanic vote on his side. do you think he might be picked? >> he is 41. that helps a lot. i don't think these wall street guys have anything to worry about. i agree that there might have been a push, serious push for elizabeth warren a couple months ago but now makes no sense. she is too old. she is 66. she is not a follower. does hillary want some vice president who is always going to be a thorn in her side pushing her to the left all the time? no. david: not at this point. to the general. julie, fred. david: thank you very much. melissa: climate debate as 13 republican attorneys general are stepping into the fold. they will tell you how they're turning the argument on its head. plus the southwest is
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looking for shade as extreme heat grips the nation. more on this weather and how it is impacting americans and how they're coping up next.
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david: apparently turn about is fair play in the global warming debate. 13 republican attorneys general speaking out saying saying if en be sued for minimalizing global warming, then al gore can be sued for exaggerating global warming and making millions of dollars in the process. so who wins? here is tom borelli, conservative review contributor and former portfolio manager that pushed the sec into disclosing business risks of climate change regulations. tom, that is really the point here is that, because of the advice, very often bad, exaggerated advice by people like al gore, hundreds of billions of dollars were moved around, not only from government but by private investors. >> absolutely. a lot of risk really isn't disclosed.
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remember there is no natural demand for renewable energy. david: right. >> it is artificial. it is coming from government mandates, propaganda -- david: it is coming from taxes because the government very often subsidizes things like wind power or solar energy. >> right. david: that comes right out of our pockets. >> right, it's a bubble. none of this is really fully disclosed about the real risks of investing in renewable energy. david: well, in fact, it was considered as a matter of fact. in 2008, abc ran a little news report about what life would be like in 2015. we've had a chance to live through 2015, realize a lot of these predictions were not true. let's play the tape. ♪ >> in 2015, we still failed to address the climate problem. >> we're going to see more floods, more droughts, more wildfires. >> flames cover hundreds of square miles. >> we expect more intense hurricanes. >> how warm is it going to get?
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how much will sea level rise? we don't really know where the end is. david: so many of these predictions were untrue, but al gore because of some of the consulting work, et cetera, he made some money out of these predictions. so, in misleading people about what was going to happen, he got rich, a lot of other people are getting poor like taxpayers. >> absolutely. don't forget higher energy prices who gets hurt the most? those who can least afford to pay for it. on fixed incomes and black americans who have lowest average income. what gore was not doing was not illegal it is certainly immoral. david: bottom line if you can't sue exxon i suppose for understating global warming, you can't sue al gore for overstating the problems of global warming. >> right. david: won't all these lawsuits cancel themselves out? >> oh certainly, but you have to look at companies like solarcity which is renewable energy solar stock. they're based on, whole theory is based on energy prices going up because of renewable energy. that is what they need to replace with coal.
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epa regulations that could be bounced would be bad for them. david: tom, great to see you. thank you very much. melissa? melissa: it is the first day of summer around parts of california, nevada and arizona have been feeling the heat. record-breaking temperatures may hit 121 degrees in some spots. at least four people have died in arizona. where temperatures are at or above 115 degrees. the heat making it very difficult for firefighters to battle what are now seven teen fires across 100-acres throughout the southwest, wow. david: costing a lot of money. trump getting criticism for considering profiling but mayor giuliani says there is a right way to do it. >> of course you profile. that is what policing is all about. here is where it is wrong, when you do it based on race, religion, ethnicity, sexual orientation, just for that reason because you don't like them. if you're doing it based on hard
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call today at see car insurance in a whole new light. liberty mutual insurance. melissa: in the wake of mass shootings in orlando, donald trump is mulling new preventative security measures. >> i think profiling is something that we're going to have to start thinking about as country and other countries do it. you look at israel and others, they do it and do it successfully. i hate the concept of profiling. but, we have to start using common sense. melissa: we have a former consultant to the u.s. department of homeland security. he joins us now. kind of depends what you mean by profiling, right? you heard rudy giuliani say, before the break, he was on a show earlier, that profiling is kind of what police do. you don't do it based on a religion specifically or what is
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your take? >> well a lot of it, we are talking about specifically about israel. both donald trump and him reference it. israel does a lot on behavioral profiling. look how someone is behaving at airport. if they're nervous. they're fidgety. they used that as model to say something there start talking to this person because they're exhibiting behavior that could be dangerous. that is what i think is very effective. melissa: some of what donald trump i think is responding to is frustration out there that there is a commonality in people that we have seen, you know, kill or attempt to kill a bunch untry. whether you look at the bombers in san bernanadino or you look at this latest incident down in orlando, that, there were things that they did ahead of time that other people noticed. that, were maybe brute to someone's attention that weren't necessarily pursued for a long time, or other neighbors saw them and said i saw something but i didn't necessarily want to say something because i didn't want to be accused of being
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anti-muslim. is that any part of the problem? >> i think, look, the larger picture in this we have to become more resilient if you see something, you say something, but also, being conscious of what we're seeing, so for example, the last two incidents that we have both san bernanadino and here, you can say this is someone from middle eastern descent or afghani descent, even though they were both born in the united states. we had "jihad jane," blonde hair, blue ice. michael who has blonde red hair. they claimed to be muslim that committed very heinous terrorist acts. very different if what people look like, just their face. we have to start looking what is their behavior. are they doing something that makes you suspicious. that is hallmark of this, i think, basing it on behavior, rather than what someone looks like. melissa: what about very controversial idea of trying to
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go in and surveil some mosques that have history of being a hotbed of for some of this activity. what do you think about ideas like that? >> well, look, the police department has done that not that we haven't done that before. we have done that. there are over 2500 mosques across the united states. and what we find over the course of time is, many of these activities aren't being planned in a mosque where there is a lot of people. often times people that committees type of acts are committing them, you know in their home. they're doing it where people aren't watching. they always leave kind of a double life so people can't see what they're doing. some of these folks radicalizing over the internet. they're radicalizing in a way where, they're not part of any larger community. i think that is what is very important for people to realize, that this is not something that happens in a big public square where lots of people are watching you at a religious institution. most of this is people that withdraw. they begin to work on their own.
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they block out even their family members. and, some of those things are really telltale signs. melissa: absolutely. we have to run. i like your idea. we have to be more resilient as well. good thought. we appreciate you joining us. >> thank you. melissa: "finding dory," blowing the record. david: you saw it. melissa: i did -- out of the water. details on millions it is raking in. that is next. >> my family, they're out there somewhere. i have to find them. i remembered something important. >> something important? what? >> something about a clam or an oyster. >> no. >> mollusk? >> no. >> something. >> i don't know. no clam. i don't want to live with
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melissa: "finding dory" making a huge splash at the box office. david: pixar sequel to "finding nemo.." most successful sequel in u.s. box office history. raked in over $136 million.
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13 years ago "finding nemo" came out. did you cry at both of them? melissa: yes. i did. we saw it this weekend. i cried three or four times. i'm really sappy. there with my kids. the fish is looking for its parents. david: does the fish cry underwater? melissa: stop it. "risk & reward" starts now. deirdre: the fbi reversing course after public pressure to release full transcripts of the conversations between the orlando terrorist and police negotiators. this is "risk & reward." i'm deirdre bolton. fbi releasing conversations with isis with islamic references redacted. now it is changing its stance. peter barnes with me in d.c. with the details. we know certain lawmakers, house speaker paul ryan said it was ridiculous to have this edited. the obama administration's point of view is, we don't want this to be used for p

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