tv Sunday Morning Futures With Maria Bartiromo FOX News September 28, 2014 7:00am-8:01am PDT
>> crowder is here. these guys sound fantastic. you're going to be singing in the after the show show, too, did you know that? >> i am excited about that. >> be ready in a few seconds. he's going to sing come as you are. go to fox and friends.com for the after the show show. good morning. the fight against isis takes to the turkish border. hi, everyone. i'm maria bartiromo. this is sunday morning futures. the u.s.-led coalition now expanding its military operations to the area along the syria/turkey border. several arab allies have joined the fight in syria while our european foreigners are staying in iraq. why the divide? we'll talk to a member of the house intel committee. attorney general eric holder calling it quits. will the president name someone during the lame duck session or wait until there's a possibly
republican-controlled senate? our panel will weigh in? and what is texas doing right? the lone star state adds tens on of thousands of new jobs every month. the president of the dallas federal reserve is here live to share the secret. as we look ahead on sunday morning futures. bombs raining down on oil fields and refineries as the fight against isis expands to the turkish border as uk prime minister david cameron commits his nation to air strike necessary iraq, but not in syria, joining several other coalition european members. how is this coalition working? congressman mike p on ompeo is a member of the house intelligence committee. he joins us now. congressman, good to have you on the program. >> good morning. it's good to be with you. >> i'd love to talk, really, about three things. this international coalition and why the divide? let's start there, congressman. i'd also like to get into these other terrorist groups we're
hearing so much about. start us off with this divide. >> so the coalition is better than zero, but we've got a long way to go. we've had real partners step forward nuia and folks who are serious about helping us step up. the coalition has to be expanded. we've got challenges for folks who refuse to help us in syria. we've got enormous challenges with our nato partner, turkey, refusing to do all that it needs to do. it has a huge obligation to stem the flow of radical terrorists into syria. there's a lot more work to do to get all of the powers that have a vested interest in the destruction of these jihadist movements to work together to assist america in defeating them. >> why are so many refusing to help us in syria? >> everybody has their own reason. every country has a reason to avoid it. america has good reason to be careful about what it does, as well. but the nature of this threat, the magnitude of this threat,
not just to america, but certainly to the bordering states, whether that's jordan or turkey or iraq, these are countries that have to begin to help us tackle these islamists wherever we find them. today, we find the most powerful force of the current time, isis, sitting inside of syria. we have to take them out where they are. we cannot allow them to grow or operate freely. >> congressman pompeo, stabbnd . a lot to talk about with you. we want to look at this two fronts on the same war. who is doing what. fox news senior correspondent eric shawn with that angle. good morning, everyone. more countries are stepping up, but critics say two key nations, turkey and qatar, have done far from enough. >> translator: it is against this group that france mobilized and was called to help by iraqi authorities. also, the air operations, because there are no ground troops, these operations will continue as long as necessary.
>> there are now 62 countries in this coalition, as varied as albania and dora as well as israel and moldova. but the variety of their contributis range from already launching attacks in iraq and syria to promises of humanitarian aid. britain, belgium, denmark are the latest to offer the milligram military, but have yet to launch in the air strikes. so far, the u.s., france, saudi arabia, jordan and bahrain have done that. the united arab emirates took their mission led by their famous fighter pilot. but qatar, which has supported and funded islamic radicals is backing -- is not backing the operation directly. and, of course, turkey, which is facing that imminent refugee problem and that crisis and has helped fund isis through the oil trade and the flow of foreign fighters. turkey has been refused of doing its part despite promises by
their president to the contrary. >> of course, we will do our part. god willing, we will discuss it with our government. we will show our support in accordance with the decision that will be taken after those discussions. >> will it include the military option? >> it includes everything, both military and political. >> so far, european nations have refused to attack syria, as marie ya addressed, not wanting to help the government of al assad. which has not asked for the air strikes unlike iraq. that, though, could soon change as the new war, we're told, is likely to last for years. >> eric shawn, thank you for that. now more with congressman mike pompeo. mike, let me ask you about that. in terms of the air strikes, how would you characterize their success so far, whether it be in iraq or in anticipation of syria? >> you know, i'm glad that the president has finally taken action. i would characterize these
strikes so far as too little and at least a couple of years behind schedule. these are attacks that are necessary. they've begun to take out some of the isis's capacity to regenerate well, whether that is wheat silos and refineries that are mobile. those are good things, but those are tactics, maria. there needs to be a strategy developed around these strikes so that we can win, as news reported indicated, what is going to be a very strong struggle. these attacks are a necessary component, but they're far from sufficient. >> are there things we should be doing to stop the funding of isis? clearly they're selling a ul this oil on the black market making up to $3 million a day. how do we get our arms around that? >> enormous economy has been developed inside of isis. not only trading oil and crops, but getting money from outside from third party terrorist sympathizers, they also have drug trade, sort of like you'd see in the mafia in the united states.
getting money any way they can. america has the capacity to shut this down. most importantly, it will take a president who is committed to it. this president has been drug into this by kicking and screaming. it's not why he ran for office. but they've declared war on america, so we have to use these financial tools. everything that's in our arsenal to make sure that we can cut off their capacity and continue to grow, continue to arm, continue to pay folks to come and fight alongside them. if we do those things and continue this in the context of a strategy to defeat them and not simply run into a little road bump and back away, if we do that, we'll be successful in this battle. >> let me ask you about the newly surfaced terror group, khorasan. how many other terrorist groups like this one are we not aware of? was there an imminent threat to the united states which was the trigger for the air strikes within the last week and a half? >> maria, there are scores of groups that have of the nature
of ba is now being called khorasan. these are old-school al qaeda warriors who have been fighting alongside osama bin laden, these are at the very core of the history of al qaeda. and isis is little more than an offshoot of that, but it's now gaining strength. this is a continuous struggle.. they will continue to try and build their forces until america steps in decisively and says, we're prepared to do this for the long run. the imminentsy of the threat was real on america. i will tell you that that threat continues today. these folks want to attack not just in mosul and tikrit and falluja, but in places like omaha and wichita, kansas, that i represent. they are a serious threat to our nation and that's why it's required that we get this right, we get a strategy that's right to defeat them. >> is there anything we should be doing differently as it relates to the qatarrys and the
turks to get them to understand and get on this coalition and be more helpful to the u.s. and its allies? >> two things come to mind immediately. with respect to the turks, they are a nato member. they have committed to participating in challenges just like this one. so we need to make clear to them that nato membership comes with a burden and a responsibility. as for the qatarys, we need to make clear to them that our expectations are that they will cut this off, that they will see the cease cooperating with islamic radicalists. >> congressman, good to have you on the program. thanks so much for your insights. >> thank you, maria. you have a good day. president obama securing a u.n. resolution to address the growing threat of terrorism around the world. how does this play into the broad strategy for fighting groups like isis? political activists and chess
grand master gary casrov is with us to give us his strategic advice. follow us on twitter. send me a tweet right now and let me know what you would like to hear from gary casperov as we look ahead on sunday morning futures. when i had my first migraine, i was lucky. that sounds crazy, i know. but my mom got migraines, so she knew this would help. excedrin migraine starts to relieve my pain in 30 minutes. plus, sensitivity to light and sound, even nausea. excedrin migraine works.
welcome back. president obama securing the unanimous approval of the u.n. security council this last week to address the close growing threat posed by fighting terrorist around the world. the president telling member nations this measure, quote, must be matched and translate into action if it's going to have any effect. so what should that broad strategy be at chess grand master gather casperov, chairman
of the human rights foundation is here with more on that. >> it was a good speech. he named names and he called putin's actions aggressive and an invasion. he talked about the real threat posed by isis. but at the same time, i think he was fought very specific explaining why we're dealing with isis now. let's not forget that six years ago isis was not in the picture or in three years ago. in my view, isis as a phenomena is a result of this infamous red line that obama drew in syria, a demonstration of weakness always leads to -- around the world getting stronger and more arrogant. >> compare that to what you see in putin and russia. >> yes. again, don't forget that russia's support to syria was fundamentally -- walk away and
creating the vacuum filled by isis. and when we look at putin's actions, we should remember when isis can be defeated militarily, putin cannot because he has nuked. i think strategically in the global picture, putin presents even the biggest threat. he is destroying the world over. so america is the most globalized nation. america benefits from global labor, finances, economy, and putin is trying to bring everything back to the sort of regional blocks. and the way that lavrov spoke to the united nations, and i think it was in direct response to obama's speech, it was most aggressive speech in my expectations. he called ukraine undivided security zone. this is 45 million nations. and it was very clear that russia is not going to satisfy you in the slightest of the
obama's expectations. >> lavrov is the foreign minister there, spoke at the u.n. on saturday. and it was a real sharp reaction to what he was saying because i he was so aggressive. >> he blamed america for everything that happened in the world in the last 15 years. just anything that went wrong, it was america's fault and he was not ready to give an inch of the territory, both literally and figuratively that russia has been occupying. and it seems that, you know, crimea, eastern ukraine, it's all under russian control and it's very important when we look back to russia and the propaganda machine, they don't -- the russian elite, and that's putin's message, they do not believe that the sanctions will lost. i think there's a general belief sanctions will. when you look at the russian budget, they do not make projectons for sanctions in 2015.
and at the same time, there's a 41% increase for russia today. the propaganda machine for kremlin. i guess that's putin's message for europe comes directly from game of thrones. winter is coming. >> winter is coming and it's getting colder. everyone will need energy. >> and you can hear voices in europe saying isis is the real threat, let's pay attention to the terrorists, let's make a deal with russia. ignoring the fact that if we let it go, crimea and the fact that russia is for the security system built in europe in 45, that will have global consequences. >> you know, it's interesting when you look at the companies doing business there, for example, exxon in the cross hairs of these sanctions because they're finding oil in the arctic with rossneft. this last week, there were reports that russia is looking to seize foreign property in retag tallation of the sanctions. i recognize the sanctions don't
feel like much and you're saying they don't matter, but the russians don't see them as mastering. >> again, they do not believe that the west has resolve to play the long investigation. putin used to play the game, poker gameld say, and he expect the west doing. every time his expectations were met. >> and we should point out that this monday putin is meeting with the head of iran. >> yeah. but also, again, limitations for the russian media in russia. facebook, twitter to share information in russia from january 1st. so there are many moves in this direction to demonstrate that putin is willing to continue this war because, again, he doesn't believe that obama's strongxwords will be met by the same strong actions. >> that's the bottom line.
gary, always wonderful to have you on the program. thank you so much. up next, texas leading the country when it comes to creating new jobs, adding more than 20,000 new jobs just last month alone. what is the lonestar state doing so right despite the challenges it faces when it comes to immigration? we'll talk to richard fisher as we look ahead on "sunday morning futures." proven to taste better than tums smoothies assorted fruit. mmm. amazing. yeah, i get that a lot. alka seltzer heartburn reliefchews. enjoy the relief.
unemployment numbers for september due out at the end of the week on friday. one place not sweating those stats, texas. it is the leader of job growth in the country, creating more than 20,000 new jobs in august alone, giving the lonestar state an unemployment rate of just 5.3%. all of this, even though texas is constantly struggling with immigration issues at the
border. so what is texas doing so right? richard fisher is the president and ceo of the federal reserve bank of dallas. he joins us today. good to see you, sir. >> thank you. >> thank you so much for joining us. what about texas? why such growth, vitality in an economy nationally that some might say is bumping along the bottom inspect. >> i'll tell you what's interesting. if you take texas out statistically from the nation as a whole and you go back and look at where we were before the recession hit and where we are now, the nation still is about 300,000 jobs short. that's texas. we've created over a million, 150,000 jobs. so if you mix them together, the country is ahead of the curve. we're going to be releasing some data on monday and tuesday, our new surveys, that i think will just knock your socks off. it's amazing. >> why? >> why? well, first of all, it's a diversified economy. energy helps enormously. i have over 900 of the neigh's 1900 wealth in my district. but that's only 2.5% of the jobs
in texas. about 12% of out our output. it's a highly diversified economy. it's a pro business government. zero next tax. bad social services, no question about that, but people come there to work. we're seeing massive immigration. that number you just gave, the numerator is growing very fast. we were creating jobs in the second quarter at a rate of 578%. again, way ahead of the nation. >> so it's a mix of good policy. no next tax obviously has more business. >> yeah. of course, there's sales taxes and real estate taxes and so on. there's a small business franchise tax. here is the thing. it demonstrates the fact that with the kind of monetary policy we have, if you only have good fiscal policy, this nation would be growing much, much faster. at the margin, the state has a significant impact. if the federal government would only get their act together and be more like us, we would be growing as a nation much, much faster.
that second quarter rate of growth which nobody foresea was uber strong. >> let me turn to your concerns over some time now. you've been saying interest rates need to go back to normalized levels. federal reserve should get out of the way at this point. you've done your job. what specifically are you seeing whether in the high yield debt markets or the equities debt market? can we talk about unemployment for one second. we're seeing wage price pressures at the highest in my federal reserve district. we've done some studies here state by state going back to 9 1962 that once you get below 1.6% unemployment, there's more of an el ragz. we'll have to see and test this out. what bothers me is that the fixed income markets have been robust. i've talked about the junk bond markets. i saw a break last week and we've seen some of this continue. we've been fueling the markets and at some point trees do not grow to the sky. so i hope people are prepared
for the fact that as we normalize policy, when we normalize policy, it's not going to be an easy game any more. they're going to have work and do analysis. >> we saw a big sell-off in stocks last week. is that the beginning of this? >> i have no idea. >> the gdp was 4.6%. that's real vibrancy. you just got in from italy. thank you for flying in from rome for this interview. was that gdp number real for the u.s. and was going on around the world? we have the jobs number out next friday. >> we're pulling ahead of the world and the brits have done, as well. we're in a much better position. they're in a different stage than we are. you've got to have good fiscal policy. there's a limit to what monetary policy can do. i think our wounds have been healing and we have enormous growth centers like texas and florida right now.
the san francisco area is on fire. we're ahead of the europeans and here is the deal. we only have one dysfunctional government to deal with. they have to deal with 18 dysfunctional governments. >> that's true. so the u.s., you are expecting pretty good job growth and overall as we look at -- >> yeah. i worry we're behind the curve. monetary policy works with a big lag. we don't know how long that lag is. i don't want to fight the last war. i was against qe3, as you know, to begin with. we've put it in place, we're tapering it back, we're ending it in october. then the question is how quickly we move to normalize interest rates. i don't want to fall behind the curve here. i think we could sut suddenly get a patch of high growth, see some wage price inflation and that's when you start to worry. i'm not worried about it yet, but i've seen it in my federal reserve district and i think it
could happen to the nation as a whole. >> interesting comment, that is the grandfather of vladimir putin was actually -- >> stalin chef. >> can you imagine the pressure of that job? wow. >> one symptom ache and you're finished. i only learned that from the diplomatic core while i was there. >> thank you so much for joining us. >> thank you, maria. >> richard fisher, dallas ceo of the federal reserve. our panel is next, weighing in on the political fallout as we look ahead on "sunday morning futures."
from america's news headquarters, i'm eric shawn. authorities in missouri are now searching for two men. an officer was approaching a pair at a local community center which was closed at the time, when police say the men shot and ran away. one of them turned and fired at that officer who was chasing them. the officer was hit in the arm. he is expected to be okay. ferguson, of course, has been the scene of that unrest early august when an unarmed black teenager michael brown was shot and killed by a white police officer. the chief of police says he does not believe last night's shooting was related at all to those protests. is in in japan, more than 30
people are now thought to be dead following a massive volcano eruption there. it happened yesterday afternoon spewing huge plumes of gas. most, they say, managed to get down from the slopes. that volcano's last major eruption was back in 1979. i'll be back another noon eastern for a half an hour of news. then the doctors will be in. drs. siegel and ma maddie join us for "sunday housecall." for mow, i'm eric shawn. back to sunday morning futures with maria. so thanks so much, eric. there could be an eruption on capitol hill if the white house try toes push throughout a new attorney general during a lame duck session of congress. eric holder's resignation right before the midterms has republicans warning against an early move to seek his replacement, especially if the
election shifts the balance of power in congress. ed rollins, a former principal white house adviser to president reagan. he has been a long time strategist to business and political leaders and he is a fox news political analyst. judith miller, from manhattan institute of policy and research, a pull it'ser prize winner. steve moore from the heritage foundation, a wall street contributor and a fox news contributor. eric holder, out, timely after a lot of calls to get him out. does the president use this window before the midterms, before the gop takes over the senate to push through his guy? >> he has to. if he doesn't have someone of reputable reputation, then i think to a certain extent, he'll have a real battle on his hands. and everything that the justice department has done, all the various cover-ups, all the missteps that holder has taken will basically be front and center in the hearing. >> any new person coming in is
going to want all the evidence on all of these case et from the irs down to what happened, why there were no investigations, it opens everything up. >> that's why i think if you get a good federal judge, typically a woman, he could probably get them through or a prosecutoring attorney, one of these attorneys that basically is reputable. >> a big complain about eric holder has been that he's been one of the motor partisan attorney generals that we've had in this country's history. you mentioned the key fact that the major scandals, benghazi, the irs scandal and others, eric holder has done nothing to investigate these. meanwhile, easel excavated the race issue which i think has been a mistake. we're supposed to be a post racial society with president obama being in the white house. but the high profile cases that he's taken up, maria, almost all have the central theme of race. >> absolutely. >> but i think what he's done in the area of voting rights and what he's done in the area of civil rights, the cases that
he's brought have been a very important legacy and the president is going to be hesitant to deviate from that legacy. on the other hand, the idea that al sharpton is now advising the president on a successor, i think, should make us all nervous. >> i certainly agree with that. i just think if the president wants his last two years in office to be productive, he has to stop veering so far to the . why not choose an attorney general that has broad based support? but that hasn't been the modum operandi of this president getting eric to leave now, what's the rush? it has to be that he wants to push somebody else in. let's go through some names that you think perhaps could take over. >> a lot of political names, the governor of massachusetts and others. i don't think another political person in there they will have a
real war. i think they have to find someone reputable. none of the people that i've seen so far are going to be counter versesy free. >> well, but someone like janet nepolitano would have a difficult time with congress. i see a hard road ahead no matter what happens. why should a republican congress give him what he wants? >> homeland security is probably the most poorly run agency -- >> but it's hard to go up against a woman with her background and experience. >> wow. it's true, though, about homeland security. what about bararra who has been talked about? >> he has a good reputation. if he indicts cuomo -- >> very tough on terrorism in new york, continuing this tradition in the city, going after christ cases there. less so on some of the financial matters, but more so than what
eric holder has done. eric holder did not bring anyone to be held accountable for grand disaster at the mortgage -- >> and you mentioned the appointment during the lame duck. i think that would be a disaster. it would increase the partisan nature of this appointment. you've had so many judges during lame duck appointments, i think it would be a setback for this president. again, why not find someone who the vast majority of americans can agree with? >> you made a good point in terms of all of the scandals that have occurred, whether it's benghazi, the irs, you mentioned others. in terms of get someone there independent who will come up and ask for -- >> i kind of doubt that's going to happen. i'm not so sure they want to know the answer to those questions. >> holder has been the protector of this administration's bad record. and i think to a certain extent they may want to do someone like
that. he's probably the most political attorney general since john mitchell and we remember what happened to john mitchell's client and john mitchell. so i think at the end of the day, someone reputable. >> let's hope it's someone who has a better towards the press and doesn't want an open leak investigation. >> let's get a good look at was coming up on media buzz and check in with howard kurtz. howie. >> maria, we'll look at everything from barack obama's war coverage and the we're going to focus on lois lerner who gave a big topo litco and talked about everything except the irs scandal. do you sit down with someone like lerner allowing her to take the fifth and she still won't answer the questions. >> howie, that disappointed me. i do like politico. but to have lois lerner on and
ask her about everything except the irs and her e-mails, what do they talk about? tax inversion? >> no. they talked about how she's spending a lot of the money on legal fees and how she's having a very difficult time. but that was the deal. she sat there with her lawyers and she wouldn't talk about the scandal which of course is what makes her news worthy. >> my producer said to me earlier, maybe they asked, boxers or briefs? thanks, howie. we'll be there in 20 minutes. it was a huge foreign policy week for president obama who worked to rally nations across the world against isis. many countries agreeing to join the u.s.-led coalition. but some notables are not on board. we'll look at who is why. [musi♪ jackie's heart attack didn't come with a warning. today her doctor has her on a bayer aspirin regimen to help reduce the risk of another one.
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issues sush as isis, ukraine, the outbreak of ebola. how effective has our president been? we bring back our panel. >> i think he stepped all over the environmental -- this was supposed to be the environmental week and, you know, starting the isis, all we talked about was terrorism and was going on there. i think to a certain extent, i was always told you never fight on two fronts at once. he clearly has made everybody panicky about terrorism. i think at the end of the day, the isis thing is not going to be successful unless we put troops on the ground. >> you know, you're so right. the thing that shocked me about this week was the climate change speech. here we have a war on terrorism going on, we have isis, we've got, you know, ukraine, russia, all this international turmoil, we've got ebola. and the president chooses this moment to talk about climate change. and i called the sort of climate change derangement syndrome that's going on in the left in this country.
and the reason it's important to from a foreign policy perspective, look, it almost reduces the impact that he's not serious about taking on the terrorist incidents when he's talking about something that is stopping the rise of the oceans. >> judy. >> i really disagree, steve. i think what the president did this week was really remarkable in that he totally reversed himself rhetorically if not in terms of action yet. he is now the wartime president. he was sounding every bit like george w. bush. and i think that drives the left wing crazy, but you look at the program that he laid out, the 60 members of the coalition, the financial war against isis, the media war against isis, now the bombing of syria, the tide of war is no longer receding. this guy has totally changed his tune. >> definitely. >> every serious military leader on the record or off the record and say we cannot do it with air
power. petraeus cede months ago, we can't be iraq's air force. that's what we're doing. we have all these people signing up saying there's no troops coming. one female pilot from -- >> no, united arab emirates. >> after the midterm elections, does the no boots on the ground statement go away after the midterm? >> of course. it has to. >> every general says it has to. >> whether or not you call them advisers or special forces or sandals, i don't care, but you're going to have to increase the number of americans there. teaching this discredited, dememorialized iraqi army. >> the issue of race is an important one. does this issue have his heart in this battle? i'm not entirely convinced he is in the way that ronald reagan did in greneda and other places. i think that degrades his ability to get our countries
behind us. every time he sets a line in the sand, putin and others cross over the line and there's no consequences. this is not tiananmen square. the chinese are cracking down on free speech. they're going to choose the elected people who can run there. hong kong has always been the first road to democracy in china. i think it's a giant, giant step backwards and it's something we have to watch carefully. >> next up o panel, the fourth quarter kicks off this wednesday. should we believe that 6% gdp number going into the end of the year with the biggest month for retail spend background to strike? our panel weighs in on sunday morning futures. you make a gre. it's been that way sincthe day you met. but your erectile dysfunction - it could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet
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welcome back the fourth quarter of the year kicks off wednesday. we had a very strong gtp number, 4.6%. what are the important elements in the next three months for the forward quarter? >> i think the jobs numbers are important. i don't think the jobs are as good as the old jobs. that shows volatility there. >> it's an interesting comment that you make. we are seeing about 200,000 plus jobs created every month. but they're not high paying jobs. the quality of the jobs are being questioned. >> and they're not the same jobs and people are going back and not getting more money. >> they're actually part-time jobs is part of the problem. because you have to have two people in order to do one person's -- the productivity increases that we expect and the fact that americans still feel their lives are not improving, this is really dragging the
economy. >> it's been a weird expansion. i do think the economy is picking up. i think we're going to get some good numbers next week on jobs. i was in houston and pittsburgh this week, two cities that are just booming. i was in dallas last week. and just blown away. >> so you've got some states, as you talked about with richard fisher region that are just booming today. but i would say a couple things. one is corporate profits are very good. the dollar is surging. i think jobs are picking up. but the problem with the economy has been, you know, as you just said, that the average worker still isn't feeling it. 5 1/2 years into a recovery, you know, the amazing thing, maria, the average family in the united states in this recovery has lost $1500 of income. that is the political problem for the democrats is people feel like there's a squeeze on the middle class. >> how does that translate going into the midterms? >> i think the midterms are pretty much set. i think we're going to win the senate. i think the governor's races, i think we're going to pick up some -- i think it's going to be
a good election. >> it's never a high turnout in the midterms. >> 36 governors races this year. when you talk to political people, they're all talking about the senate races. the senate races are not nearly as important. florida, california, new york, connecticut, illinois, you're going to see some big changes in governors offices. republicans have a lot of tough holes in states like kansas, ohio, michigan, pennsylvania. those are the races people should be paying attention to. these governors have a huge impact on the economy. >> in terms of the economy, i'm also worried about europe and the drag of europe. >> yes. >> and the fact that there is zero growth projected for russia. and what's going to happen when these sanctions really kick in to russia and to europe? will they drag us down? >> it's a good point because gary, on the show earlier said, look, winter is coming. the bottom line is, it's getting colder. europe needs that oil and gas from russia. >> you've got to export it,
maria. this is a no-brainer. we're producing so much oil and gas in this country. the if we start exporting this natural gas, it's good for our economy, it helps europe and reduces the sway that putin has over western europe. so it's a no-brainer. >> even larry summers on the show last week was talking so much about the energy revolution in the united states and we need to capitalize on it. >> five years, we can be energy independent. amazing. >> that is the expectation. we'll come right back with the one thing to watch on our panel. stay with us for our one thing, next.
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we're back with our panel. what is the one big thing to watch for this week? steve moore. >> scuttlebutt in washington is the republicans might timely come up with some kind of agenda for what they would do if they took control of the congress, the house and senate. how about an energy plan, keystone pipeline, corporate tax reform. republicans have to give americans a reason why they would vote for them. >> seems like an easy list. tax reform, immigration reform, energy reform. >> we may see that list, a new contract with america. >> yewdy. >> i'm watching major mali ensuri, the pilot who took out 12 refineries in syria flying an f-16. i want to see if she can get turkey to man up and join the coalition. >> wow. >> i'm watching afghanistan. afghanistan has put this crazy
coalition together. the chief of staff to the president announced today they can't pay their civilian workforce. they're asking the u.s. for $535 million in emergency aid to keep them alive and well between now and the end of the year. i think that has the potential to fall apart. >> ordinarily i would say my jobs numbers out next friday, but this week i'm going to choose i'm watching will the money follow bill gross? bill gross has left the $2 billion bond fund, pimco, and he's going to janice. are a lot of my managers to going to follow? >> stock is up on janice big time. >> so we're watching all of the above. thanks to our panel for joining us, as usual. we'll see you soon. i'm maria bartiromo. thanks for being with us. i'm be back tomorrow morning on opening bell at 9:00 eastern
eastern. take a look at where to find us. thanks for being here. have a wonderful sunday, everybody. media buzz with howie kurtz starts right now and it's a great show. see you tomorrow. as president obama sxapdz the war on isis to syria, the media debate turns more serious. >> i agree entirely that the strike was politically and diplomatically value and important and for all the reasons. militarily, i think this was basically a slight show. >> are people like me going to buy it? >> let us know when you decide. and will journalists continue to ask tough questions about whether the administration is a military strategy can ski