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tv   Your World With Neil Cavuto  FOX News  May 26, 2016 1:00pm-2:01pm PDT

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it was "the undead." there has been lots of movies featuring different versions but dracula flew into the book stores 119 years ago today. that's it. goodbye. the scenes ins venezuela you eek any obtained by fox business network that show you what it's like when the money runs out and the tempers flare. these are people in venezuela seizing food trucks, anything they can get their hands on. a lot of them are moms and dads, trying to find some way to feed their kids. that is how bad it's been. only a few years after hugo chavez promised almost to the end of time that the oil revenues and the taxes on the upper income would support them and an environment that would never end, until the rich guys
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left. the oil revenues stopped. and venezuela went under martial law. welcome everybody. i'm neil cavuto and this is the kind of thing that no less than allen greenspan says is possible here if we don't watch what we're doing here, and an exclusive chat with the former federal reserve chairman. first to the woman who broke the story, got that video. lizzy mcdonald. every time i look at these images, especially those venezuelans rifling through garbage to eat, what happened? >> it's disturbing and graphic and what is happening there is they were basically ripping through garbage bags outside shopping malls where restaurants are located, and so what's happening right now, hyper inflation is taking hold. can't even tell you what the rate, it's meaningless. up 500%, 600's for basic food groups over the last year. what we're seeing here is the middle class and the -- by tax
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rates. people in venezuela say we're starving we have no choice but to go through farm. with the looting of the grocery trucks on the highway. regular people are driving by and joining in the looting. they're stealing rice in this image. we're getting even more video in this image you see the national guard at some point but they're standing by, not doing anything, letting it happen. so we have venezuela in a two-month state of emergency right now, neil. their fears, widespread fears in venezuela that the military will crack down and there be a news blackout. they're denying medical help from the world health organization because the leader doesn't want to be embarrassed. a direct quote from people in venezuela. socialism as venezuelans have
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experienced it has been collapsing. so it's a severe debt problem, twice as bad as what argentina faced in 2001. so this is a fast-moving story, and it's growing more dire by the hour. back to you. >> what i notice is when soldiers dom approach them they don't move. they're so hungry so desperate, the seem to be saying go ahead, shoot me. >> that's a great point. and seems that we have been seeing this in venezuela, too. people there saying the national guard and the military is standing back and letting the looting happen because the military is seeing basically grocery stores emptied and food trucks pillaged and people are desperate. it's going now beyond the food lines that you have been reporting about for a couple of years now. enough it's going into looting, into major cities in venezuela, including right here. you have seen caracas. the looting of the gross re trucks are happening outside caracas, back to you. >> a g.o.p. strategist and
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democratic strategist whether this could be a preview of coming attractions. kathy, you're looking at this here, what lizzy was saying, the notion that all of a sudden when you run out of my and run out of people to pay taxes, to provide the money, as has been the case in venezuela for the last few years, the only difference between the venezuelans and us is we can print money. >> that's right. or borrow it. but you're absolutely right and this is such a compelling video. one in three people in venezuela are living in poverty. that's a striking statistic supported by this footage. we have experienced in our kin tribefore periods of socialist rhetoric. what is so daunting and frightening about this current period is we have had a president for the past seven years who has made a hallmark of his tenure, rhetoric around income redistribution, policies that are socialist, like obamacare, and so instead of fictioning problems like immigration or reforming social
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security we have overspent, overbar borrowed dish. >> both parties have done so republicans talk a good game about getting entitlements under control and they don't and this gets worse. what i worry about is when -- give bernie sanders hi dues when the talks about big government and stuffs he wants to do. this is for you, richard. do you find it odd that he knows he can't get it just out of the rich so he sends it to the middle class tax hike as well which provides you're going to get more bang for the buck you're putting in. >> well, you're talking to somebody who is not a defender of the bernie sanders line and i will stipulate that capitalism works and socialism doesn't. bernie snders keeps talk about the scan navan country. there -- scandinavian countries and bernie sanders has lost. if heat to brake.
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>> i'm not interest in -- what's the difference between the two of them if they're espousing a lot ore spending not much different than donald trump. sear rove about ryneing any into it. ledments so no one is doing squat. >> it's worse than that ump donald trump -- i can't wait to see how he has a meeting of the minds with paul ryan since trump said he is doubling down o. entitlement and a $10 trillion tax cut. hillary clinton, she pays for everything that she proposees. are there going bo toe be little tax increases or certain segments of the populace? ese. >> not going to be little. >> well, the fact of the matter is she hasn't actually had huge proposals for increased programs and her taxes are really kind of fairly small and it's balanced. >> wait, wait. weeing are, a the semantics of your def -- i don't want to make it a political -- i am worried about i see in venezuela but it
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wasn't too long ago they were flush with cash and we were bragging about the fact we have gotten our deficit down to only hundred million knowing full well the tsunami that is coming with baby-boomers retiring and all the pressure that's going to put on and i have heart heard scant little from either party how to deal with is. >> you're right. and and it's -- taste the economy, stupid, but we have heard too little about that and one of the reason people are so angry. what happens in venezuela as we learned from argentina is the risk of contagion. >> there's already a bad guy there now and another bad guy could follow. are you worried about that, richard? >> absolutely. well, not so much worried about the contagion. you can see these are the policies no neighboring country wants to follow. who would aspire to have these
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pictures that lizzy produced. but i don't think there's a risk of contagion there and i think we should sort of step become and look at -- we have had a controlled experiment -- >> i love you to death, you're a great analyst but there's a very real risk for contagion, what is going on down there is being parroted in so many european capitals of blight indifference to math. more money 0 going out than coming in and they have no idea what to do. >> we have had a control experiment under bill clinton where taxes were raised and the singlele most robust job creation, economic growth -- >> the trade deals he enacted his wife is repudiating. >> she is not totally repudiating. the but is saying give me the peace and prosperity hoff the 90s. >> you have to buy everything done in 90s. >> have to pay more taxes. >> i want to thank you. i don't want to scare folks but
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saw that happening close to home. that was a country that was flush with cash and looked like it had the world as its oyster. that was then, this now. they're in martial law right now. now, something different but scary. sometimes protests can get nasty but they didn't really go too overboard in illinois. what was happening here and what is happening is continuing push for a higher minimum wage $15 minimum wage. mike tobin is following it. >> reporter: wasn't a particularly big protest. didn't last very long. it did not disrupt the annual shareholders are meeting here at mcdonald's corporate headquarters. they got their point across that they can't get by on minimum wage. >> literally -- it's hard, hard
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to continue to pay rent. it's just ridiculous, and they know. they know we deserve it. we are part of mcdonald's and share the corporation and we please our customers as much as we can. >> former mcdonald's ceo said the demonstrators pushing for $15 an hour will protest themselves right out of a job. >> if you look at the robotic devices coming into the restaurant industry, it's cheaper to buy a $35,000 robotic arm than it is to hire an employee who is inefficient, making $15 an hour, bagging french fries. it's nonsense. >> a spokesperson for mcdonald's have got 'their first jobs from mcdonald's. a statement from the spokesperson reads in part: we offer mcdonald's employees the opportunity to develop valuable skills
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skills and work ethic necessary to build careers beyond our restaurants. mcdonald's has programs to help moneyees finish high school and financing for college. >> thank you very much. mike tobin. forget about the long tsa lines at the airport. learning more about the guys jumping the fence? at the airport? i kid you not. before i had the shooting, burning of diabetic nerve pain, these feet learned the horn from my dad and played gigs from new york to miami. but i couldn't bear my diabetic nerve pain any longer. so i talked to my doctor and he prescribed lyrica. lyrica may cause serious allergic reactions or suicidal thoughts or actions. tell your doctor right away if you have these, new or worsening depression, or unusual changes in mood or behavior. or swelling, trouble breathing, rash, hives, blisters,
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muscle pain with fever, tired feeling or blurry vision. common side effects are dizziness, sleepiness, weight gain and swelling of hands, legs, and feet. don't drink alcohol while taking lyrica. don't drive or use machinery until you know how lyrica affects you. those who have had a drug or alcohol problem may be more likely to misuse lyrica. now i have less diabetic nerve pain. ask your doctor about lyrica. [ male announcer ] tora bora fallujah argonne khe sanh midway dak to normandy medina ridge the chosin reservoir these are places history will never forget but more important are the faces we will always remember. ♪
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this is a little scary. forth about about the lines in the airport. look at what is going on with folks jumping the fences every ten days or so. former new york city police officers. don't understand what's going on but i know it's going on and i know it's become a very big issue. what's happening? >> we're looking at the tip of the iceberg. let me ask you a question. suppose you failed and lost 95% of youred aens.
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five percent success raid. would you still be on the air and have a job? >> because i have photographs of,ey -- i see your point. >> you have five percent success rate with the tsa and by the grace of god and a lot of luck nothing has happened. >> tsa is responsible for the outside of the airport as well. stating the obvious. so we focus on the lines. >> what we're seeing unfortunately is a bunch of smoke and mirrors. when you see the guys in uniform and the arbitrary dog, once you go outside that perimeter it's wide open. you if e have employees getting in, people wandering or -- a couple year la guardia, a guy on a water ski swam up on the tarmac and nobody noticed. we're in a reactive mode, not pro-active. >> what scares me, bill, us we hear more and more of these incidents especially after egyptair and we don't note what happened there, but we know it made a lot of stops, a lot of
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locales, in the 24 hours before its crash. so, i'm beginning to think to myself, any one of thieves locales could be a breeding ground for someone there on the inside putting something on the plane, and we americans say, well, wouldn't happen to an american carrier. why not? they go to the same destinations, right. >> you're spot on. it is wilful blindness, i believe, on the american public's part because we collectively shrug our shoulders, what are we going to do? privatizeddation of security where people are held antable the head of the tsa is on paid leave to be what? re-assigned somewhere else. you cannot fire a federal employee and that's a big problem. >> now there's the push because of these long lines, to hire more of these guys itch always think that we don't need more
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people. we need better people. if we had more in our security forces, guys like you, you're worth five guys who are marginal, and i think we have put the priority on sheer numbers, throw more money at and it don't think really carefully about how we're spending the money now. >> neil, 59% failure rate -- 95% failure the rate. >> what are you referring to. >> they did penetration tests. past metal detect years, bomb parts, weapons, people crossing the lines on to the tarmac. doubling the budget will fix it? i don't think so. it's about accountability. start firing people. if you know you can get fired you'll be better at your job. >> well put. bill stanton, very good. for those who follow president obama and whats he has to say about donald trump i'm
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taking a leap here but i don't think he likes donald trump. that's fine. but when he says that on foreign soil, i don't think that's fine. after this. sir, this alien life form is growing at an alarming rate. growing fast, you say? we can't contain it any long... oh! you know, that reminds me of how geico's been the fastest-growing auto insurer for over 10 years straight.
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they're rattled by him. and for good reason because a lot of the proposal he has made display either ignorance of world affairs or a cavalier attitude. >> he is a man who shouldn't be really airing his difficulties, shouldn't be airing what he is airing where he is right now, and i think that you're going to see it stop pretty soon.
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>> karl rove, the sheave of extra to george h.w. george w. u have your difference with -- you don't go off to asia and your promise is, no sure a sitting president of the united states. >> i agree. i just thing it was unseamly -- first of all, remember what he said? he said ignorance of world affairs and cavalier attitude. well, president obama with all due respect, what kind of ignorance of world affairs did you demonstrate when you withdrew our troops from iraq and gave up the hard-won victory there and are trying to do the same thing in afghanistan after iraq went south when you've did it there, and talk about a cavalier attitude. aren't you the guy who said if they use gas and chemical weapons in syria, that's a red line for us and then ignored it when they did. i thought it was very revealing that the president chose those two phrases in order to launch a
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highly partisan attack on a republican nominee -- presumptive nominee for president while the president was on foreign soil. he should have said plenty of time for politics if support the nominee of my matter but we're not here to talk about american politics today. thought it was unseamly. >> when he was grouping leaders, their concern, and good reason to be, you're taking their side. now, there are lot of foreign leaders who early on, when barack obama was running for president, young and untested, had been senator for a unanimous -- nanosecond and had legitimate concerns. he was in that position eight years ago. strikes me as odd and doing so on foreign soil, and i remember your old boss, president bush, when the were -- when he was travel eight broad and those trying to get him to respond he refused to do so. i don't know whether it's an unwritten rule and people have
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broken the rule but there is that candidate of decorum that comes with the office that president obama seems to think trump trump is ill equipped for. >> do you think foreign leaders that president obama has met with like him going out and speaking on their behalf? do you think they like him going out there and attributing to them as a group, his opinions? i bet they don't. and i've been abroad. you have been abroad. you talk about concerns. mitt with some of our great allies and some leaders of -- in countries that are staunch friends and, boy, they'll raise doubts about this president and how he has proved himself to be a feckless leader and unreliable ally, and again, i just thought this was unusual. i should welcome it because the more president obama intrudes into the presidential race, the more people will realize this is about whether or not we should validate his legacy and give him in essence a third term by
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electing hillary clinton. but i thought it was unseamly and inappropriate. >> he is a little obsessed with trump, and maybe a lot of people are looking at this. what do you think? >> i think he has an unnatural fascination with the election itch get the sense he is sort of -- other than writing executive orders, he has given up trying to get things done with congress in a constructive fashion. they're working on con truck -- constructive things without his involvement. he is more of a spectator and he is focusing -- i saw commends he made about how much he was looking forward to throwing himself into the fall campaign. this is about him. everything is about him. the narcissist in him will be running wilds ben 2000 and the election 167 days from now and he'll make the case that the election of hillary clinton is about validating his actions and his legacies and him, and i think as a republican we ought to welcome that because i don't think the american people in a
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country where one out of every four americans thinks we're going in the right direction and two out of every three americans think we're going in the wrong track, that ain't a good argument to make, let's keep going where we are going. >> good catching up with you. >> happy memorial day. >> to you as well. alan greenspan, what he just told me about this race and the leading candidates, i think it's going to blow you away. the former fed head heads right into some controversy after this.
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now we know the obamas are going to be staying in washington, dc after they leave the white house, not since woodrow wilson have we seen that and i'm talking close to the white house, two miles away. coffee, anyone? (pilot talking to tower on radio) once you get out here... there's just one direction... forward. one time: now. and there's just one sound. you and us... together. telling the world... we're coming for you. [man] hello,totten designs. sales department? yes...i can put you right through.
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♪ sales department-this is nate. human resources. technical support. hold, please. [announcer]you work hard to grow your business. [man] yes. i can totally do that for you. [announcer] working together, we can help your business thrive. wells fargo. together we'll go far. he took over the federal reserve. think about this. right tv the 1987 stock market crash. the biggest one-day drop we have had before or since. so imagine alan greenspan worrying about lou to avoid sort of stuff. he says about getting candidate to be honest and not doing quat about entitlements. >> we have a global problem of a shortage in productivity growth and it's not only the united states, but it's pretty much
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around the world, and it's being caused by the fact that the populations everywhere in the western world, for example, are aging, and we're not committing enough of our resources to fund that. we should be running federal surpluses right now, not deficits. this is something we saw, we could have anticipated 25 yea ws done anything about it, and this is the crisis which has come upon us. it's slowing productivity because entitlements are crowding out savings and hence capital investment, capital investment is a critical issue and productivity growth, and productivity growth in turn is the crucial issue in economic growth. so, we're running at the end of the period to a state of disaster unless we turn it around. >> no one shows the willingness,
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to your point, to do anything about it on the right or the left. on the left, more talk of more spending and on the right, more talk of bigger tax cuts without paying for them, and we're expecting to hear later on in this hour from donald trump, speaking in north dakota. he has been loathe to touch entitlements and that could explain i guess the bumpy relationship he has had with speaker ryan who has yet to endorse him. what do you think of the trump position not to touch entitlements for the time being? >> well, i think it should be -- this should be the central issue of the presidential debate. unless and until we can rein entitlements which have been raising 9% in the united states and comparable levels through the world we'll find that productivity will maintain its safe at a very low rate of increase and it's very likely
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that the productivity increase for the first half of this year could very well be close to negative. certainly for the first quarter or the fourth quarter of last year, but it's hard to -- >> we're heading into a recession? >> i don't -- i don't think that's our problem. our problem is not a recession, which is a short-term economic problem. you have a very profound long-term problem of economic growth at the time when in the western world there is a very large migration from being a worker into being a recipient of social benefits as it's called. and this is legally mandated in owl -- all of our countries. the size has nothing to do with the great of growth and economic activity but if we stay at two percent economic growth or less
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in the united states, and elsewhere, we're not going to be able to fund what we already are legally obligated to spend. so, this should be where the debate is. shouldn't be on 20 million different irrelevant issues. this is the most fundamental thing confronting our country and all of our allies and a very substantial extent by, frankly, the developing world as well. >> neither of the prominent candidate nets country are addressing that and i guess what i'm asking you is, if you had to choose -- i mean, who whose -- pose policies are lease worrisome, whose would they be? >> will well, i happen to be fan of paul ryan's, who i think is a very sensible, political economic type, and --
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>> he's not a fan of donald trump. you know he is not committed to donald trump yet. are you surprised? >> i'm not surprised at all. >> are you a fan of donald trump? >> not exactly. >> so, it if it was between he and hillary clinton, where would you go? >> you're giving me a very tough choice, and i think i'll at this stage not comment on this. i have yet to figure it out. >> when i had david stockman here, ronald reagan's former budget director, brought to the woodshed for famously warning at the time of the deficits and the tet to come. the argument back then was the economy would boom and it did, from not only dramatic cuts in interest rates under your predecessor, paul voelker, but the tax cuts that ronald reagan and his enthusiasts say sparked
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the economy. what happened as you pointed out, doctor, with all those extra revenues, republicans through just as skillful as spending the money and then some as republicans claim democrats are. i wonder whether you agree with mr. stockman that it could be too late, that we could be on the verge of a big old market economic collapse? that's what he said. >> i don't -- i would certainly not go that far. we needn't go that far. in fact, it strikes me that if we all were to get together and have a real debate, you are quite correct, this is a bipartisan issue. entitlements or the third rail of american politics. the politician who touches them loses. and so you -- we have a nine percent annual rate of increase in entitlements which is mandated by law.
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nothing do with the economy. it's going to do with age and health and the like, and we don't have economic resources to fund that unless we can curtail entitlements. the data show shockingly that since 1965, the sum of gross domestic savings and entitlements as a percent of gdp has been remarkably flat. what that tells us is back to of 65 we have essentially been seeing a one dollar to one dollar trade offbetween into it. ment -- tradeoff between entitlement growth and savings, and despite the fact we're borrowing from abroad has kept our rate of capital investment as a percent of gdp going down, that in turn has meant that productivity has slowed down, which means that economic activity will slow down, which means that entitlements will be
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more of a problem and there's no way out of this except to confront it straight on, and this is where the debate ought to be because everything else, frankly, will turn out to be peripheral. >> you're right about that. let me ask you, though. if you can help me with this. there are fears, given some of the runup in housing numbers and home sales in the latest period running up at 16.6% clip, quickest advance, biggest advance in 24 years, some are worried in a good way that we're looking at another potential housing bubble that interest rates have been so low for so long that it's created a new bubble, and maybe something that could produce another housing meltdown. do you share that? >> there are lots of problems of a cyclical nature out there but i think that the secular problems the long-term problems are so commanding at this stage we have no choice but to focus
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directly on how to solve this. we have to right now figure out a way of getting surpluses in our budgets throughout the western world because europe is in trouble, we're in trouble, in fact japan is in worse trouble. japan's problem is of course, as you know, they're aging very rapidly. >> so are we in this country, too. let me ask you about what is going on in venezuela, doctor. you have seen the protests, riots, video that we got to show people, collecting and eating out of garbage cans. a lot of folks have looked at that and said, you know, that could happen here. it could get off the wheels fast here. what do you think? >> well issue think i'm -- we basically go through greece, but venezuela is about to collapse. there's no way of getting around
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the fundamentals are falling apart, and at some point there's going to be a revolt internally as far as i can visualize it. >> do you think that -- >> dealing -- >> do you thing that spreads? some say it could extend through awe of central south america, could spread in these countries you alluded to, in your europe they're sick of having to tighten abouts and the constant stumbling from crisis to crisis, rescue to rescue, and that this could be part of a global pandemonium. >> let's not go to extremes. venezuela is an extreme on the continent and used to be zimbabwe. now venezuela. there's going to be an internal revolt there if they don't get that resolved. >> should we do anything to help them? to stabilize them? >> i don't think we can. i don't think they would accept
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and i don't think they have mechanisms to -- they don't have an infrastructure that would enable them to accept the type of aid that they need. >> you know, we were talking about this presidential race and i know you -- it's a swampy kind of debate but does it alarm you that both counties -- both lead little candidates, hillary clinton and donald trump are not fans of the trade deals that many argue brought economic boom to this country. now, many are not of that opinion. but hillary clinton is in the odd position of rejecting the very trade deals that triggered the large job gains she brags about during her husband's administration. donald trump pretty much saying the same for different reasons, these trade deals have given american workers the shaft. what do you think of that kind of talk and the threat of an insular america? >> well, i'm obviously in favor
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of the trade bill. people don't realize and the think that you're going to shut off, example, imports from china that somehow heat going to cheat jobs in the united states. it doesn't -- create jobs in the united states. it doesn't, because instead of getting goods out of china, we'll get them out of the philippines or some other place, but before they come back to the united states, they're going to try every -- all other places around the world where labor costs are perceived to be cheaper. so, the issue of foreign trade is something which has helped this country grow going back to 1790, and the presumption that all of a sudden returning off on trade is very anywhere -- narrow minded. >> whoa alan greenspan bailed wall on -- build a wall on the mexican border? >> i don't have the physical
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staff to do it. >> that's a very good answer. i think they call that a nonanswer. i was thinking of the might -- migrants as well. a lot of nations are building walls. so you can understand where they're coming from. do you worry that the global message this is sending or the -- one economist likened to a lot of tents in the same campground? >> look, we have been through generation after generation in which free trade has propelled our country 100 years after we were sort of hanging on the eastern edges of the atlantic seaboard, barclay century -- barely surviving.
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100 years later we were the moist productive economy in the world. that took an extraordinary amount of effort but was based on free trade, and if you cut down on imports, for example, you have to ask yourself whose purchase are you basically cutting down? if people, for example, can get much cheaper clothes from china, you shut down trade and they will be paying much higher prices. i don't see to whose advantage this is. the presumption that it is a job-killer does not square with the historical facts. trade is a positive force for employment at all levels of the economy. >> alan greenspan, it's ban pleasure, thank you for taking the time. some historic moment there. i'll get back to you on the equipment you'll need for that wall, alan, okay? i guess a shovel and a lot of
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bricks but we'll get back to you. what he is saying here, the thinks both parties, major candidate, have abandoned free trade policy and thinks that is a slippery slope. he says the first time it's ever happened. speakening of the candidates, donald trump wants to open up keystone and right now. i mean, like, right now.
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i'll be doing organizing work and involved in public policy issues. but i just won't be doing it in a formal way through elected office, i'll be like a community organizer, except -- a little more famous than i used to be. >> that's probably an understatement. when the president steps out of the white house, he'll only have to step about two miles to his new home. it's the diplomatic era of washington, d.c., just two miles away. i think this is the first time the president has stayed in washington after he leaves since woodrow wilson. i remember that well because ben stein was covering it. boy does this guy know real estate. he has it all over the world. ben, good to see you. how does that play into things
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that the former president is within two miles of the new president? >> i don't think i'd like it if i were the new president, i think mr. obama is going to be interfering, he'll be a busybody. it's a beautiful neighborhood. i know the neighborhood well, it's one of the most absolutely beautiful urban neighborhoods in the world. i congratulate him on choosing such a beautiful neighborhood. for the next president, he'll be essentially looking over his shoulder all the time. and obama will be trying to be in the limelight. the guy is essentially a super narcissist and this is more proof of it. >> you know, there's nothing really narcissistic about staying in the area so your girl can finish high school. >> yeah, there's nothing narcissistic about it at all. the fact that no other president has done it since the end of world war i that doesn't show anything unusual, does it? >> i think he's being a good dad, he wants to be there and stay in the neighborhood when
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she graduates, that's fine. you see things a little more cynically, that's fine. >> no, i don't see it cynically he can't bear to leave the limelight. >> i want to focus on what you see happening now when he stays there. i mean, i imagine he'll do speeches, he'll travel the world. the clintons have homes all over the place, i don't think they're in them very long. so what happens? like you, ben, you have like 20 homes and you're always jetting around. that's your whole groove. >> i don't have 20 houses, i have a lot of homes, but not 20. the thing about the clintons is they are going around until she was running, doing incredibly highly paid speeches i don't think mr. obama is going to be a low-paid governmentally paid level, anyway, speaker. he has said and it's a well-known that he said his goal is to be the first billionaire ex-president. i don't think he's going to get that by being a community organizer. >> you're probably right about
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that. presidents, jimmy carter is known more for what he's done leaving the white house. and other presidents, george bush has kept to himself. i'm talking about junior. what do you think his post-presidency is going to be like? >> i think he is a narcissist. he loves the limelight. he loves attention, he loves -- >> you don't like the president. you don't like the president. >> wants to be thought of as the cool kid in school and he's going to try to be the coolest guy in washington. it's going to be a major problem for whoever is the president. >> so anything productive coming in those post-presidential years? >> well mr. nixon gave a lot of number of speeches, he was never paid one penny for a speech after he left office, by the way, in comparison with the clintons for example or even with mr. bush 41. he wrote a number of books which were quite well thought of about the foreign policy era. >> as did jimmy carter. >> coy see mr. obama doing some useful things, but i think it's mainly narcissism. >> no one has written more books
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than you. you can't even keep count. >> i've given that up doing that. now my entire intent is just to appreciate my daily life day by day. >> it's a good goal that will do it intelligent safety shield technologies. whoa! like forward emergency braking that could stop your car for you. save even more with holiday bonus cash this memorial day, during nissan's safety today event. for a limited time, save up to $1,500 on the 2016 nissan rogue with $500 memorial day bonus cash. where can i buy it? sign me up! shop your local nissan store and choosenissan.com today. ♪
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and learn more about the kinds of plans that will be here for you now - and down the road. i have a lifetime of experience. so i know how important that is. . i'm dana perino, along with kimberly guilfoyle, ebony williams, greg gutfeld and eric bolling. it's 5:00 in new york city and this is "the five." donald trump has done it, the billionaire businessman has won more than enough delegates to clinch the republican nomination for president. some unbound delegates in north dakota are now pledging their support to trump and according to the "associated press," that puts trump over the top with 1,238 delegates, one more than the total needed. trump reacted to the big news in bismarck this afternoon. >> i'm so honored. i'm so honored to be in north dakota and having, i'm so honored by these people, they had such great

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