tv Cashin In FOX Business November 27, 2016 3:30am-4:01am EST
stocks more. >> when the fed does raise rates in december, the market could go down. that's when you want to get in. >> have a wonderful holiday weekend. keep it right here. my agenda will be based on a simple core principal. putting america first. whether it's producing steel or buildings cars or reducing disease, i want the next innovation to happen right here on our great homeland, america. creating wealth and jobs for american workers. i'm going to issue a notification of intent to withdraw from the transpacific partnership and cancel job killing restrictions on american energy including shale energy and clean coal.
>> the president-elect promising to take immediate action on things like energy, infrastructure and trade so more americans can get back to work. will his plan work? welcome to cashing in. our crew this week is lisa booth, and rachel. welcome. an ambitious jobs plan for trump's first 100 days in office. will it put americans back to work? >> absolutely. this is what americans wanted and i think he will deliver particularly as a business guy. you look at energy. president obama even with the obstruction of the key stone pipeline we're talking about tens of thousands of jobs supported and further looking at energy as well, you look at fracking which has added $190 billion and created 1.4 million jobs. the wall street journal has said it has saved americans energy costs but president obama has pursued federal regulations against the fracking industry even though it has been in the
hands of the states. even if you look at those issues alone, all those are jobs created, money added that is positive things for the american people. >> rachel, your thoughts. these are some very conservative ideas that donald trump is putting forward. i guess it's a test of whether or not the conservative ideas are going to work and we'll find out soon. >> it looks like the market likes it and i think that it's a really good sign. i think america is ready to turn the page on socialism. they elected a businessman president and i couldn't agree more with her about energy and that being the item that i'm most excited about. it's not going to create more jobs, it's going to make our goods cheaper to make and make us more competitive internationally with our manufacturing and i'm up here in wisconsin and i can tell you there's a lot of people that could use a break on their heating bills up here. so i think that this is incredibly smart of him to start
with these things and i think it's going to make a huge difference. get everything jump started and then he'll get more buy in for some other things he wants to do which are more controversial. >> what you're speaking of maybe is donald trump's plan to spend $1 trillion on infrastructure which is not necessarily a small government thing to say, but personally i love this idea. i'm going to talk about it later in the show, but i love the infrastructure idea. he laid out a plan for the first 100 days. it has a lot of pro jobs, pro american, pro economy both sides of the aisles. >> definitely. $1 trillion investment, i know he wants to be the modern day fdr and if this works out i think that's fantastic and lot of democrats have talked about a potential to work together on this. the concern is whether it's actually going to be infrastructure spending or just tax breaks for developers and things like that. so we'll have to see how the actual bill looks, but there's definitely room for compromise
there. i think it's great he's laying out this pro growth agenda, i just want to see if it's going to work. i have concerns about the environment. donald trump admitted yesterday that maybe humans do contribute to climate change, not completely sure, but i think he knows so there's concerns there with fracking which is the reason that democrats have a problem with it. new president, i'm optimistic and hopeful and let's spend that trillion dollars and build roads and bridges. >> there's something for everyone. what was missing, we didn't see obamacare and the wall mentioned in the first 100 days. >> there's been a lot of criticism -- there's already been a lot of criticism to donald trump, but he is not in office yet and people are talking about things he's not going to do. let's give the guy a chance. let's give him a break and let him get into office and start implementing these policy proposals. he was talking about things he
can do. as far as these executive actions go. if you look at immigration and the wall if mexico does not pay for it he has to appropriate that money. he's talking about things he can do on his own. energy is a big one because we've seen president obama has served as an obstructionists and revenue for america, all positive things we need in this country and president obama has roped off so much federal land, you look at offshore drilling, he's roped off 87% of offshore acreage. it's time to get that out of the way and get the country moving again. >> rachel, donald trump was elected probably with some union support which is surprising for a republican president. you would need some of that to win a state like wisconsin and michigan and pennsylvania, some blue collar states.
whatever he's saying is resonating. >> it's resonating. i'm up here in north central wisconsin, there were a lot of reagan democrats that came back to the party. this is a real opportunity for the republican party to move away from its reputation of being a country club party and back into the working man pro growth party. i think again these are incredibly universally liked proposals and i think if he follows through with this, he's going to the not only have a great presidency, i think he's going to transform the party. my dad was one of those reagan democrats. it's like you're born and you're a democrat and reagan brought him over. it has a generational effect. i'm a republican because my dad was a republican. it's a way to change the whole trajectory for the party in terms of demographics. >> lisa, i'm hearing a lot of positive things coming and i --
i'm sorry, let me go to jessica. i hear a lot of positive things coming. liberals are still trying to figure out a way to push back, but it sounds so -- it sounds great to me. granted i'm a pro economy free market guy. i'm a free trader and i love the idea of breaking these trade agreements. i love it. >> listen, if he's going to renegotiate these bilateral trade agreements and he's going to get us a better deal everyone can be for that. that's something that bernie sanders and donald trump agreed upon and they brought hillary clinton over to that side. i don't want him ripping up nafta, but i don't think that's going to happen. i think there is a lot in here. donald trump was the least ideological candidate that republicans could have put up there. there are concerns that he has a security advisor that has talked about a muslim registry. >> you're varying, this is what's going on. i'm spending a lot of time
hosting shows that will have a lefty or liberal come on and they talk about a subject and then everyone wants to change the topic into something that's controversial. >> you want manae to greet him completely. >> the democrat party has no ideas so you go to racist. why don't you talk about the issues? this is what you guys have done. it's a losing -- this identity division, that's the politics the democratic party plays and this is why you lost. >> that's right, lisa. >> go ahead. >> what a friendly saturday morning this is. >> you're the one that -- >> i love you. i disagree with you. >> what i was saying is that there is a lot here that liberals do like. i highlighted that at first and
i am optimistic about it and it's great he's backing off obamacare care and saying kids should stay on the insurance until 26. liberals will have pushback. we do have ideas even though you say we don't and they're terrible. >> i have to leave it right there, guys. coming up from broadway to holiday celebrities forcing their anti-trump views on their anti-trump views on audiences just trying to enjoy a this is your daughter. and she just got this. ooh boy. but, you've got hum. so you can set this. and if she drives like this, you can tell her to drive more like this. because you'll get this. you can even set boundaries for so if she should be here, but instead goes here, here, or here. you'll know. so don't worry, mom. because you put this, in here. hum by verizon. the technology designed to make your car smarter, safer and more connected. put some smarts in your car. when i was too busy with the
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realize enough is enough? >> i hope soon. i think it's bad for the liberal brand. it's a huge mistake. it's disrespectful to the office and i was talking to a friend and said if there had been mocking of michelle obama the entire world would have erupted and chanted they were being racist. it's a huge problem. these weren't my top picks for president and first lady, but treat them with respect and stop it and move on. >> can you imagine if someone made fun of michelle obama in that fashion. the place would go crazy. is it just because he's a republican and they feel they can say whatever they want to the family as well? >> absolutely. it's only a bad thing if they criticize democrats. they can say whatever they want about republicans and conservatives and that's not offensive. the things we heard even with
green day that stuff is ridiculous and jessica is right. if there was a mocking of michelle obama everyone would be up in arms but i'm sick of giving these people time and thought. if it was cool to be a conservative in hollywood they would all be conservatives in hollywood. these guys are such hypocrites too. you have gwyneth paltrow trying to go on the food stamp challenge. >> the cast of hamilton hadn't voted in years, wasn't registered to vote yet they had what they call a discussion with the vice president elect. >> it doesn't surprise me they didn't vote. this is typical of the new york theater scene.
it's the same liberal bubble they live in. they just talk to each other. they didn't see the irony of standing up there pronouncing on diversity when all of them have exactly the same point of view. they want diversity of race and gender and sexuality, but the most important thing which is diversity of thought they don't see why they should accept that. >> really no surprise guys. >> they look bad right now. >> here is a picture. remember this when hillary clinton had -- you couldn't even touch a ticket for ma'hamilton. they did a fundraiser for hillary clinton. >> they're liberals, but i'm going to push back on what rachel said. i think having diversity of thought is important and i hang out with you and i'm better for it. >> yes, you are. >> my friend don't really think so. it's important to be around
people who are from different races and religions and background. i think that while i wouldn't have said i thought it was the right thing to do, we need to have a discussion about the divisions in our country and the damage created on both sides. 77% of americans are concerned about how divided our nation is. donald trump has a steep challenge ahead of him. i think it was a miss -- >> i think there's something to be said about hollywood being disconnected from america. you saw bruce springsteen giving his big concert. he likes to think of himself as the working man's rock star. they may like his music, but they don't care for his politics. >> i offered to fly first class, pay for those flights for any celebrities that promised to leave the country if donald trump won. guess how many took me up on the offer? >> none. >> i'll have a vacation. >> you don't have to fund it,
dump the tweets. 60% saying he should shut down his twitter account. he used twitter to help win the election. should trump say so long twitter? >> no. he should keep that twitter account. it's why he got there and there's nothing unpresidential trying to talk to your voters. i would suggest an app where his tweets have to go through approval of reince priebus before they go out. >> that's a great idea. make sure she double checks the tweet. what are your thoughts? >> wives are always right. this is the reason why he was able to bipass the mainstream media. that being said i agree with rachel in the sense he needs to find someone he trusts to filter out the more troublesome stuff
and keep his positive agenda for america. your thoughts on donald trump, twitter, and facebook and instagraming during his presidency? >> i do think it's an important tool. something president obama used to his advantage. i thought the youtube that came out on his first 100 days was smart. he can't complain about the media if it's unfiltered. that's donald trump talking directly to his audience. i am concerned about the content, which i think the personal twitter account should go. he shouldn't say, i think harry reid is dumber than chuck schumer. he is the president now. there are obligations. he shouldn't have enough time, actually, to go on the 3:00 a.m. twitser rants. i know he requires little sleep, but i'm sure hillary clinton was
condemned for being asleep during the benghazi event. >> it's thanksgiving weekend. >> he won by being real. keep it real. >> listen, he did. he won. but also, i think foreign countries may be watching this. is there a security risk? >> potentially. he just needs someone he trusts to help filter things out. he can still send his thoughts over, this is what i want to say, but have a team that he trusts to say, that's a good idea, or maybe not. >> final thought. give us something -- let's end on a happy note. jess? >> well, i hope everyone had an awesome thanksgiving. enjoy the rest of your holiday weekend, the football and i hope you didn't gain so much weight. is that good? >> very good. we have an important block,
crew for joining us on a great weekend. time to wake up, america. so, donald trump has been president-elect less than three weeks, and he's already proving to be a jobs creator/jobs saver. ford motor company now said since trump won the presidency, they will cancel their plans to move production of one its suvs to mexico. i'm sure many more american companies will follow ford's lead, maybe saving millions of manufacturing jobs. keep american jobs right here in america. i also like the promise by the president-elect to spend $1 trillion on our crumbling infrastructure. now, $1 trillion seems like a big number, but truth be told, this country could probably spend 2 trillion or $3 trillion on our roads and bridges and still need more help. i truly believe this money will
be well spent, that is if it's well spent, not the other way around. take, for example, president obama's biggest failure, in my opinion, sure, obamacare was a flop, but think about president obama's american recovery and reinvestment act. a fancy name for almost $1 trillion spending bill. the arra was supposed to fix our crumbling roads and bridges. remember the shovel-ready jobs? i remember a quote, i guess those shovel-ready jobs weren't so shovel-ready. not so funny. that's turning over people's hard-earned money handed over to the government only to be wasted on you and your thug friends. not funny, richie. president obama spent $1 trillion of your tax dollars and we have absolutely nothing to show for it. i challenge anyone to show me where we benefited from spending that $1 trillion. show me a bridge or road that needs help or a pothole.
i dare you. president trump i trust will be far more effective with your tax dollars. i'm counting on it. have a great weekend, everybody. . anthony: welcome to "wall street week," the show for long-term investing. i'm gary kaminsky. >> and i'm liz claman. >> we hope you had a wonderful thanksgiving, back to business. donald trump's victory propelling the market to fresh highs. the dow broke through the 19,000 barrier for the first time ever on tuesday while all three major indices hit lifetime never before seen highs this past week. >> does the rally have legs? good haven manager and co-pm larry