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tv   Making Money With Charles Payne  FOX Business  September 19, 2017 6:00pm-7:00pm EDT

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>> get back to mexico, the 7.1 earthquake striking central mexico this afternoon. at least 54 have been killed. we'll keep you updated. that does it for us. thank you so much for having us in your homes. charles payne is here with your money. take it away, charles. charles: major breaking stories from wall street to the united nations from capitol hill and sadly to mexico city. well, let's start with new york city first. president trump giving his first and quite memorable address. the united nations general ceremony today calling on fellow member nations to step up to the plate fighting global threats. we're going to have details on that speech in just a moment. and on wall street, another record day for both the dow and the s&p 500. we're going to tell you what's hot and what you may want to take a close lack at. also in the caribbean, a category 5 hurricane. that's right maria now charging through the small island headed straight for puerto rico. we're going to be covering all of these stories later on in the show. but we've got to start with the speech around the world. president trump targeting
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several adversaries, especially north korea and their rogue leader kim jong-u kim jong-un. >> the united states has great strength and patience. but if it is forced to defend itself for its allies, we will have no choice but to totally destroy north korea. rocket man is on a suicide mission for himself and for his regime. charles: throwing down the gauntlet and dropping the mic. president trump, let's talk about it with the panel. rich, fox news contributor, former bush 43 policy adviser, paul and current director of programs and education at the action institute and former military intelligence officer matt. michael, let me start with you. president trump not missing any words, obviously, and certainly not this sort of talk that you're used to at the united nations for many people, it was refreshing and much needed.
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>> yeah. the absent of tough language at the un is the reason we're in this situation to begin with. north korea hasn't feared any un sanctions. iran hasn't feared violating un security council resolutions. so tough language's needed. but we also have to follow up with actions. this is a warning to iran as well. basically, this is what iran looks like if we take the eye off the ball. the north korea nuclear deal is the same thing iran got ten years -- 10 to 15 years ago, so we have to look at iran because we do not want to be in the position we're in now with north korea where "we" limited military options on the table. charles: rich, that's a great point. several red lines have been drawn. and we're looking for action, particularly now with iran. you know, how do we go about it? of course, kim jong-un has taken every one of these threats and countered with another missile launch or a bomb detonation. >> yeah. well, these were pungent words from the president. as probably said correctly,
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there hasn't been so many different people saying holy crap in so many different languages when you uttered this languages. but the president needs a clear strategy on north korea. it has been confused. you'll have trump on twitter. charles: more recently, though, particularly when i had listened to mattis and mcmaster and others that i'm even hearing that their military options that would prevent seoul from being annihilated. obviously, these are in planning stages. >> right. well, then you listen to the secretary of state. says we want to sit down with north korea. they're not a threat to us, and we want to negotiate denuclearizing the peninsula, which is a complete fantasy. so they need to be clear what the red lines are and what the policy is going forward. but certainly, trump got the world's attention today. charles: there's no doubt about that, paul. of course, you have the normal critics, the un security general saying be careful if you, you know, the words that could be misunderstanding and also, obviously, saying this
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sort of action that president trump talked about with respect to destroying north korea is very dangerous. >> yeah, first of all, i haven't been so excited about a speech at the un since jessie helm went there in the '90s. and president trump did the same thing but with a bigger audience, and i don't think there should be any mistake. the president was talking to china as much as he was talking to anybody. he was making it fundamentally clear, and i think that's what mattis' remarks and nikki haley's remarks have been that there are going to be terrible consequences for anybody that supports north korea or won't help us with this problem. and now is their time to do that. and one other thing. i mean, secretary tillerson has a different job. his job is to show the reasonable diplomacy that's available. but if you're not interested in that, it will be held to pay. charles: secretary tillerson is our chief diplomat. paul, let me ask you. it seems like president trump, obviously, he laid out the bad actors of the world; right? he didn't miss any words.
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kim jong-un, iran, maduro. radical islamic terror. we hadn't heard that in a while. i think a lot of people stood up and applauded that that was used in front of a world audience. but he did pull back slightly on the hint of military action and venezuela. do you think that's a good move maybe further sanctions? >> oh, absolutely. i think the tough talk on venezuela early on was the president finding his way through policy statements. he's still doing that, and that's understandable, given his background. i don't think there's ever really been a consideration of that, unless the venezuela strike-out of one of its neighbors or us directly. but the best part of that speech, other than the delivery of america first doctrine was his mocking of socialism. we have not seen anybody do that with this big of an audience. it's the kind of thing that, you know, professors, conservative professors like me be with the handful us that there are, we mock it. but this guy did it for the whole world to see. >> the best line in the speech, and you could hear about two people applauding in
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that hall, which tells you more about the hall than the speech. charles: let's talk about the hall. let's talk about the united nations, michael, because president trump imploring everyone, hey, take care of yourself. we're not going to nation build, you know? maybe we did that in the past. not saying it directly but indirectly. but b by the same token, there are times where the world has to come together where the righteous many have to confront the wicked few. is there that sort of will in the united nations? because despite this speech, i don't see anyone stepping up to the plate except israel, perhaps. >> well, all we have to do is look at syria as an example of inaction by the national community of the un. over 500,000 deaths in syria. you have assad still in position and all based on iran's position after the iran deal. inviting russia into the syrian conflict and now you have iran building this land bridge to threaten israel. there's been a lot of inaction that have resulted in deaths and, you know, good-looking
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suits and nice diplomatic talk, hard enough when you're dealing with rogue leaders like kim jong-un and the regime in iran. charles: rich, you know, you started out talking about. okay. now what's next? because these are indeed red lines that have been drawn, and i do get the feeling that we're going to be forced to see what's next. i don't see any sort of groundswell of commitment that maybe perhaps they would stick to their original charter. and president trump mentioning a marshall plan. so how will this play out, particularly when it comes to north korea? because you have to believe that they're going to retaliate with some sort of counter, some sort of form of belligerence. >> yeah. i think they'll keep doing what they are doing, which is directly threaten the united states. and i think at that point, though, they may actually say, hey, we're open for business again, and let's engage in another negotiation that
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results in some sort of bogus deal that supports our regime and gives us economic aid. that's why i don't think rex tillerson or anyone in this administration should be talking about sitting down with the north koreans ever again. charles: well, listen, we know they've broken every deal but by the tame token, if you think that might be the best or only option. gentlemen, you were fantastic. thank you, all, very much. >> thank you. charles: we have breaking news now from mexico just a few hours ago a 7.1 magnitude earthquake shook down buildings, knocked out power, and forced evacuations in and around the city. at least 61 people have been killed and there are reports of people trapped in collapsed buildings, the quake hitting on the anniversary of that 1985 mexico quake that killed at least 5,000 people and called widespread damage. on the phone, geophysicist of the united states geological service. can you give us an assessment of exactly what's happening there right now? >> as of right now, we don't see many aftershocks.
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the ethic was a strong ethic. it was a lot closer to mexico city than the 1995 magnitude 8 earthquake. but fortunately, it wasn't as strong. but given how close this is to mexico city, this is going to cause damage i in the city . charles: we just had a major earthquake off the coastline to mexico and now this one closer to the city. i'm not sure how this works. but we've seen the succession of hurricanes and now we're seeing back-to-back earthquakes. is there a chance that we get another earthquake in this area but even closer to a metropolitan area like mexico city? >> you always have a chance that there will be the next bigger earthquake happening somewhere closer to a big city. you just do not really know where and when it's going to strike. charles: a smaller earthquake this morning in california. we know the region, and we understand the fault lines. we've been hearing the lore that there's going to be something major very, very soon. are there adequate ways now to
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predetermine that? or is it really just we have a few moments notice or no notice at all? >> it depends on where you live. the feather away from the earthquake you live, you might get the notice, the earthquake warning system notice. but if you live close to the epicenter, the warning is very short. charles: thank you very much. we really appreciate it. >> you're welcome. charles: coming up, attorney general jeff sessions makes a house call to a sanctuary city in an effort to crack down on crimes and illegal immigration. we'll be right back think your large cap equity fund has exposure to energy infrastructure mlps? think again. it's time to shake up your lineup. the alerian mlp etf can diversify your equity portfolio and add potential income. bring amlp into the game.
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. charles: tonight on capitol hill, what could be a revamped republican health care bill, vice president pence says making progress on new progress. but republicans still facing opposition from within their own party. rich is back with us, as well as john good man. john, i will start with you. the bill came out of left field. initially, evan thought it would be dead on rival and all of a sudden this could be the -- this could be it. it might make it over to the finish line. what's holding it back? >> well, it looks to you like it came out of left field. but, actually, we've been working on this for two or three years. and there was a sessions bill and then several more caste bills. so this is a product that has taken a lot of work. charles: so why did it take a situation sort of like in case of an emergency, break glass. why were so many other bills ahead of this? >> well, i think here you have to fault the leadership.
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they weren't paying close attention to what was happening. but we ended up with a bill that's much, much better than the other bills that were rejected. charles: tell us why it's better. because already a lot of criticism out there from both sides of the aisle. rand paul saying it's obamacare lite. >> well, the problem with rand paul he thinks you can take health care away from millions people and cut taxes for the rich. and you just can't do that. you can cut taxes with the rich on a tax bill but not a health bill. this is a bill that's politically practicality. it's not going to cause people to lose their seat in congress, but it also allows for conservative health care reform. charles: right. i think to that point the fact that, rich, teller has signed on, ron johnson has signed on, two guys that were pushed back a lot on previous attempts. underscores that it may be politically palatable, you may get reelected about it, but still on thin ice. you still have to get a few people. >> yeah. the basic problem in the senate is number 52. they have 52 votes, lose
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rand paul, probably susan collins and no one else. this is why the original effort failed. this is why it has a chance but also could fail and everyone's looking at the two senators who have made a big difference last time. john mccain and lisa murkowski and mccain ultimately sank the last one. maybe he would be more favorable to this one if for no other reason it's sponsored by his best friend in the senate, lindsey graham. charles: ultimately, he talked about the governor of his state. if the governor of his state is okay with it, he said he might be okay with it as well. >> right. and if this passes the senate, charles, it's going to pass the house. it wouldn't have passed the house first time around. but seeing the agony of trying to get anything through, i think in both chambers, they're just willing to accept anything at this point. charles: john, would this be -- listen, we caught the previous -- that last dramatic scene with john mccain giving the thumbs down sort of kick this either to the back burner or just on the shelf. would these would this be the last chance for the republican
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party to actually live up to one of the major promises they've made to the american public? >> this is the last chance, and they know it's the last chance, and those two hold out women senators, they know it's the last chance. there would be a lot of pressure on them to come around on this, and i'm going to make a prediction that this succeeds. i really think this succeeds. charles: in your prediction, which of the holdouts finally say okay. i'm onboard and what's the return for? what's the cornhusker kick back on this one? >> well, there might be some special deals for alaska and there might be a special deal for maine. although, maine is a nonexpansion state, so maine gains, i think from this, no matter what we do. charles: rich, real quick. there's a lot of talk that this -- rand paul is saying this is nothing more than taking big chunks of money from blue states and giving it to red states. it's still the essence of what's wrong with big government and, again, it's not the answer that was
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promised. are the republicans more concerned with getting a win on the scoreboard as opposed to how big of a win it is? >> well, i think the standard is is it better than obamacare? and by that standard, yes. the answer is "yes." is it everything we would want in isolation for repeal and replace? no, it leaves the spending in place, most of the regulations in place. but improvement, it will undo the mandates, give the states more flexibility, and more federalist than what we have now. charles: better than obamacare. there you go. guys, thank you, both, very much. appreciate it. attorney general jeff sessions weighs back into this showdown over sanctuary cities. that is story for you next you each drive a ford pickup right?
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us all and especially the federal immigration officers to fulfill their lawful, sworn duty are forced to pursue criminal aliens outside the jails and the prisons. charles: that's attorney general jeff sessions slamming sanctuary cities for endangering the public and preventing law enforcement from protecting americans. sessions also urging the city of portland and every sanctuary city to reconsider their status. with me now, editor in chief with the daily caller. vince, thank you for joining us. i love when jeff sessions goes directly to these sanctuary cities or states to spread this message. i mean, if no matter what, i think this is one of the best things he has done as attorney general. it's something that is needed, and i think it's starting to work. >> yeah. and he needs to. he said that these grants are not entitlements. this is at the will of the federal government that they're able to get these grants to their cities and their decision to with hold them from sanctuary cities is the appropriate response.
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especially because these cities are ignoring federal law. not that they're being forced to abide by federal law, it's that they're allowed to be called by federal officials. and an illegal immigrant in their custody. this is the kind of nonsense that ultimately leads in people getting killed. you know, many people who are sort of supporters of these sanctuary cities often make the case that we're just over and extending police forces by having immigration law. well, i can't imagine many cops finding that to be a favorable argument, especially when he keeps criminals in the united states. that tends to overextend cops. charles: yeah, or the idea that you arrested someone for something, and you have to keep them in jail a little longer, you know? it's preposterous that somehow you're harming society. in fact, we all know that the legal immigrant party, immigration communities in this country actually suffer the most because of this nonsense. >> yeah. and he's made that point before. but now you see places like
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the entire state of california trying to become a sanctuary state. meanwhile, their legislature is really acting as a democratic super pac passing a sort of, like, condemnation after condemnation of president trump. and it's not doing anything for the state. it's not helping the citizens of that state to include, by the way, border patrol agents who are working on the southern border. there are california residents being abused by this. and then nancy pelosi is being shouted down by the very people she's looking to protect by making her state a sanctuary for legal immigrants. so all of this is so bizarre to watch, charles. but it's happening, thanks to liberal policies. charles: there's no doubt. that was a scene i don't think nancy pelosi thought was going to unfold the way it did. let me ask you about president trump at the united nations today. i say that he through down a gauntlet and then dropped the mic. do you hear me, bad actors of the world? there's a new sheriff in town. what are your thoughts. >> i was stunned by a couple of things. one, that he was so elegantly able to explain why america
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first is actually the posture of the entire planet, which is to say that by proxy, sort of i am interested in my country's success and so should you be. you should be interested in your own country's successes. and that was the first and most prominent applaud lines of his un speech. not expecting an america first message to resonate there. the other is that he was so tough on so many countries. venezuela, north korea, iran. nikki haley said there were going to be hugs and slaps. boy, did president trump come in with slaps. he struck hard, and i think that's the type of conversation that you don't normally here inside the un. it's much more equivocating. but the president had a strong message today that spoke to the membership there. charles: he also mentioned the words radical islamic terror. >> yes, he did. charles: which i don't think he did that on his middle east trip, and i think a lot of people were happy. he called out the bad actors of the world that are harming the world's population. the few against the many, and that's i thought what the un was all about.
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vince, thanks a lot. >> incredible that that would be controversial. charles: it really is. i mean, that is their mandate, we think, at least on paper. see you soon. >> see you soon. charles: well, the gop still divided on tax reform and some senate republicans now considering a $1.5 trillion tax cut for the budget. we're going to break it all down and more importantly, tell you what it means for your wallet. next parodontax, the toothpaste that helps prevent bleeding gums. if you spit blood when you brush or floss you may have gum problems and could be on the journey to much worse. help stop the journey of gum disease. try parodontax toothpaste. ♪
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charles: house republicans set to build a framework for tax reform next week we are hearing senate republicans are considering writing a budget that would allow her not to $1.5 trillion in tax cuts over the next decade. if adopted the budget within have to be followed by a tax bill that would specify rate cuts and policy changes that don't achieve that figure. i there would be a remark and to discuss current club for growth president and former chief of staff to senator ted cruz and current texas public policy foundation director and also ethan gurdon. it looks like they are going to be a few key people are going to be left out of any benefits from
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tax reform. we might have thought that they would get tax reform when they pull the lever in november. rich folks like you may be shut out of this thing. second it be okay? >> of course i would prefer not to be excluded from this that the main point here is that everybody knows that the corporate tax rate is far too hyperamerican corporations are paying 35% and those need to be reduced a lot for example to match the 20% that you see. i really would be affected. it's also the case of personal tax rate reductions are not going to be as effective as they were for example during the reagan era when you were reducing them from 70% so there is more talk about reducing rates now overall but also reducing corporate tax rates being the principle focus. charles: you are at club for growth and this is probably music to your ears that does this help folks in the heartland? does is help people who are out there saying hey does ibm really
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need a 15% tax rate and if they get it well they really hire american workers? >> charles, we are pleased that they are doing a net tax cut that we have been urging them to do that so they don't have to raise other taxes in order to cut some. yes the corporate rate will help middle americans because it will cause more investment to come back here into the united states along with the territorial tax system they are looking at so we are not penalized by companies having to keep their money overseas rather than just here in the u.s.. you also have to look at what they are going to do for small businesses because that's where where -- charles: what are they going to do for the so call path businesses? all i've heard is if they make the rates too low a lot of rich people will create corporations themselves and take advantage of this. you know we need small businesses to get a break. >> absolutely and i'm tired of this class envy that the
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liberals now looks like they are getting people in the white house to buy into. soon there won't be any tax cuts at all if they keep following that so we have got to knock that down and point outlook these small businesses run their corporations off of their individual tax return and they take great risk and they are the ones that create new jobs and hire people. it's the american dream. if you don't have anything you can start a small business in your garage and build up from there. i'm with you, we have got to make sure they cut their taxes. charles: we need to unleash the tankers in the would-be entrepreneurs. 1.5 trillion now you've established a framework. it's probably a good idea to have parameters on this thing is they go forward but is that the right number? >> i don't know if it's the right number that is a good number and what i'm really excited hearing about and i agree with my good friend david i'm excited they are not talking about revenue neutrality which is code for them trying to bind
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up other taxes. the extent they can focus on getting the tax relief american people need to get the one to 2% stagnant growth we have seen out of the way. getting beyond revenue neutrality focusing on the tax cut is great. i don't want to hear where i think i hear they are going on the death tax. that really does hurt a lot of people in the heartland, homeowners and the people that are trying to pass down their hard-earned wealth to their families. i like to make sure that stays on the table. charles: i hate the idea of messing with the death tax because often you have a first generation of a family that does extraordinarily well and you take it from them. as far as generational wealth some of these folks who have been protected by the federal reserve don't have to worry about that. with respect to this how much of an impact do you see it happening with the economy? obviously the stock market anticipate something happening at some point or not this but at some point. we have three% gdp for 3% gdp to
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be the magic number paid will that be the magic elixir to get at there? >> i think it will have a substantial impact at both the corporate tax cut and personal tax cuts will have an impact. they are talking now treasury secretary mnuchin was saying last week they are thinking basing this to the beginning of the year. i would have a very substantial impact. there's absolutely no reason why the economy should not be differing at 3%. we have been told to long the 2% is the new normal or less than 2% of mess just a way of saying we are going to lock in the government taking away too much money from the private sector. charles: guys we have got to go but is anyone concerned about the idea cutting spending any more? david? >> believe me unfortunately there are a lot of republicans that want to be for tax cuts and repealing obamacare but they
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want to keep all the spending they can get. we have got to discipline them and let them know they have got to be like people at home. >> states like texas need to balance their budgets. we need to see if fiscal discipline. >> we have all got a big problem with the debt so we have to cut spending. that got to be done. charles: thank you all very very much and i want to turn back to the breaking news from mexico three to 7.1 magnitude earthquake rocked the country to the associate press reporting the death toll has climbed to 79. the question knocking out power and forcing -- this quake struck on the anniversary of the 1985 mexico quake that killed at least 5000 people and that cost wise -- widespread damage. we will be right back.
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charles: drinking tonight british police arrested a third suspect in connection to the
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get your first prescription free at anoro.com. charles: another record day for stocks as the dow and s&p hit new all-time highs again and for the second day in a row the s&p financial index was -- just as conventional wisdom held that federal bank made hawkish minutes as early as tomorrow. the xls breaking through some key resistance right now, 25 has been a strong member. through their the cake go to 33 all-time high of 36.7 and december 2006 a plenty of room for financials. the conclusion of the federal open market committee meeting tomorrow by the way is not a foregone conclusion but let's face it the streets not leaning toward perhaps the fed starting to take away -- they are cheering for the fed to start making these moves because you know what it acknowledge is that the economy is on the move. moreover and the fed has learned
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its lesson. they are going to be gingerly about removing accommodation and that's great news for financials or margins improved with the high rates radio message from this market is boring industries can be hot industries. chemical stocks are rocking. the chemical mining company of chile. i know it's about great american countries but you've got to -- rocket stocks are soaring. a lot of talk about these big companies gobbling up smaller ones. you may want to take a look at aerojet air dined. one unnerving trend however docs hitting back on earnings releases. "after the bell" three names you know getting hit. bed bath & beyond and adobe. continue in your own portfolio and i love this market, don't forget to take profits from time to time. there's nothing wrong with that either.
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switching gears because hurricane maria a monster category 5 hurricane blasting through the already devastated caribbean. adam fox's with us at the "fox news" weather center. >> it continues to spend living into the range of the radar and puerto rico. overnight tonight we will look at the u.s. virgin islands and puerto rico particularly san juan a heavily populated area all of those spots getting ahead as it moves across the region with powerful winds currently at 165 miles an hour. that makes it a category 5 storm. winds have been gusting to 200 miles an hour and that will flatten a lot of locations. it may make landfall as a category 5 and maybe a strong category 4. we will see about that early tomorrow morning but there's a motion. all day wednesday slowly tracking across the island and eventually once it makes it to the island it has an american takes a bit of the turns are not concerned about folks in florida and not concerned about folks in the keys but everyone to through
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the islands have to pay close attention hunkering down. this is the concern and a big concern. these hurricane-force winds everything in this red area crosses over the u.s. virgin islands in process right over san juan puerto rico and in the heart of puerto rico as a whole. it will be a tough time hiding from this one. it's the entire wind field moving across the island. one of the wind field going to be? either forecast of wind gust. you are looking at getting up to 120, 130 miles an hour and this goes on for hours and hours. that against away on an area that really starts to pile up and you can escape it. otherwise i want to .. out real quick topical storm jose continues to spin warnings from long island around massachusetts massachusetts. this is nothing like maria but still a big storm. it will be choppy seas and riptides charles, and rain is happening across the northeast. it's going to get windy, 50 or 60 miles an hour for the couple of days.
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charles: mfr let you go i know hurricane irma the trajectory changed a lot within 24 hours of hitting florida it went from one site to another. can the same thing happen to puerto rico and is very slim chance it could be spared? >> while you were talking i was going to jump back a couple of slides. i have a graphic that gives you a better better idea peppered puerto rico is too late, it will hit overnight and those folks are going to get it. it's a saturday and sunday a very wide earth. we are not sure where going by the weekend. the virgin islands and puerto rico unfortunately this is going to hit them. charles: adam fox appreciated. special counsel robert mueller is investigating the role russia played in the election but seems to be closing in on paul manafort. we have those details for you, next. it's easy to think that all money managers are pretty much the same.
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charles: special counselor -- special counsel robert mueller turned the heat on paul manafort. "the news york times" is reporting that the special prosecutor warned manafort that he plans to indict him. this comes after news that the fbi reportedly wiretapped manafort before and after the election. manafort spokesman released a statement a short time ago quote manafort request that the department of justice release any intercepts involving him in any non-american so interested parties can come to the same conclusion as the dlg -- the doj. there's nothing there. my panel now frank jared "fox news" correspondent and former defense attorney jamaal taf for a formal legal adviser adviser to the intelligence committee and a former adviser to senator corker. let's start with you. explosive stuff the wiretapping
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before and after the election acknowledging that there was some wiretapping going on a trump tower but more importantly am in the indictment. what does it mean? >> well it may not have anything whatsoever to do with russia and russian meddling in the election and so-called collusion with the trump campaign. it may entirely be manafort's pre-existing business relationships that were foreign in the ukraine and other countries in turkey and so forth so it may beat tax improprieties. it may be failing to register as a foreign agent. maybe a variety of things that i wouldn't necessarily jump to conclusions that it has anything to do with russia. charles: what about them forming who else was involved in who was on the other side of the wiretaps? >> all the wiretaps are troublesome. it's now. clear that the obama
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administration and the feds were spying on the trump team, listening in on conversations, surveilling manafort as well as carter page. it probably happened other people we don't even know about. i have no doubt they were listening to donald trump's conversations. the feds have turned out to be a bit like gladys kravitz the nosy neighbor on bewitched. they are picking through the blinds and listening in on conversations. i have trouble with it. the fisa courts are secret courts. i've always been against them. i think they are fundamentally wrong and it anathema to democracy. charles: but they exist right now and jamil, for the last two have to acknowledge that because they ridiculed president trump so much that by the same token do they get the last laugh with an indictment of a criminal action as a result? >> charles it's a great question and at the end of the day the
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fisa court authorizes surveillance. you have an independent article precourt staff by district court judges to authorize wiretaps. i know there's a lot of talk about the need to look but the truth is there's an independent court and between the government and the surveillance and they authorize the surveillance. >> i agree with that with one exception and that is the evidence that has put forward in front of judges. if it is faulty, fake fabricated evidence as as been on the case on several occasions, then it's an illegal procedure and that's my problem. you can conjure all kinds of fabricated evidence in support of a warrant that you get from the court and the judges may not even know it and apparently there is some reporting that they granted the fisa on manafort based on the fake trump
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anti-trump dossier which was purely fabricated and the judges may be quite angry about that. charles: real quick, jamil. >> we don't know what they did device on but i guess i would say these are not random judges. these are regular federal court judges from around the country who have seen it all. if we are concerned the justice department under whomever's leadership is making up evidence we have a much larger problem than just the fisa court. this will be a problem across big ranges of government. that's a problem we should talk about. charles: i think a lot of people we have some of the problems with this whole thing and perhaps this gives us an opportunity to address it. i want to update you on the devastating 7.1 earthquake in mexico. the "associated press" is reporting the death toll has climbed yet again. it's 94. the quake shook buildings and knocked out power, force mass evacuations in and around mexico city and the quake actually struck on the anniversary of the 1985 mexico quake that killed at
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least 5000 people. we will continue to keep you posted on this story as it develops. we will be right back.
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charles:. >> united states is one out of 193 countries in the united nations and yet we pay 22% of the entire budget and more. in fact, we pay far more than anybody realizes. the united states bears an unfair cost burden. charles: president trump calling on all u.n. member nations to pay their fair sure towards that organization's budget. we ran the numbers and it turns out presidents trump is reitzig united states is the largest contributor to u.n. by far contributing 22% followed by japan and china to each contribute less than half of that. vince coglianese is back along with jeff harwood and a
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democratic strategist and senior fellow at the american leadership forum. mustafa let me start with you if you look at what russia's paying paying, they are part of the permanent security council may interfere with time to take action against the bad rogue nations of the world. since the structure so poorly done and we bear the burden of everything from money to manpower. >> look i mean president trump says americans never wanted to be taken advantage of anywhere in this and i grieve him in that sense. he starts a speech saying we spend $700 billion in our military and if you look at the numbers, 3.3 billion when it comes to our investment in the u.s. so when north korea is going awol we have to go to the u.n. to put in this apparatus together for the sanctions and the u.n. has founded it. it's based in new york and you don't want for a couple of billion dollars to be based in
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china or russia. charles: would anything be different of who is based in china or russia? >> absolutely. we have not gone to the u.n. and gotten what we wanted. imagine if the united nations would convene in moscow or the united nations would convene in beijing. we founded this organization. we are the conveners of the world in new york versus it being convened in moscow. candidly, you know we have spent $700 billion on our military. that's what the president said today and the total expense that we put on the united nations is $3 billion. arguing over pennies. charles: what we are arguing over his responsibility. let me briefly mention for his second because listen here's the bottom line. it's about responsibility. how much is south korea putting
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in? north korea's their neighborhoods their responsibility. they are the policeman of the world. we paid a heavy price for that the treasure and blood in his time they step up. >> especially if you look at places like china and india and their control of 1% of the world's oil and the fact that they are not paying anywhere near what the united states is also 22% of the entire u.n. budget funded by the united states is a meaningful thing. what we are arguing about here is trump is not looking to stop u.s. funding of the u.n.. in fact he called her efficiencies here. he came at this from the perspective of a businessman. one is being involved the united nations. can it be more efficient? absolutely. the peacekeeping missions that don't have a clear and inside and sometime peacekeepers act morally. charles: moustafa you have 10 seconds. go ahead. >> look if we are going to bring the world to peace the way we
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have to have a place to convene. i'd rather reconvene in the united states than russia or china or any other charles: here's lou dobbs. lou: good evening. president trump delivered not only the best speech of his presidency but arguably the best speech ever delivered to the u.n. general assembly by the president. president trump forcefully asserting his america first doctrine. the president also confronted rogue nations, north korea and iran. >> the united states has great strength and patience. but if it's forced to defend itself or its allies, we'll

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