tv The Journal Editorial Report FOX News October 1, 2016 12:00pm-1:01pm PDT
welcome to the journal. donald trump and hillary clinton took their campaigns to battleground states last week. it was the most watched presidential debate in history and both candidates landed some blows with hillary clinton going after donald trump for refusing to release his tax returns and donald trump attacking clinton for her record in washington. >> maybe he doesn't want the american people all of you watching tonight to know that he's paid nothing in federal taxes because the only years that anybody's ever seen were a couple of years when he had to
turn them over to state authorities when he was trying to get a casino license and they showed he didn't pay any federal income tax. >> that makes me smart. >> if he paid zero, that means zero or troops and zero for vets. zero for schools or health. >> i just ask you this, you've been doing this for 30 years. why are you just thinking about these solutions right now? for 30 years you've been doing it and now you're just starting to think of solutions. i will bring -- excuse me. i will bring back jobs. you can't bring back jobs. >> well, actually, i have thought about this quite a bit. >> yeah a, for 30 years. >> joining us this week is editorial member and main street columnist and potomic watch columnist. kim, who is coming out of this debate with the most momentum this week. >> i was among those that
thought that donald trump did what he needed to do, talked to the people that he needed to talk to in that debate and in some ways pass that hurdle of showing himself as presidential to an extent. i think hillary clinton landed some blows during that which had dominated this week's news cycle, for instance the tax question and this question of the miss universe person that donald trump was -- she felt was too rough on at some point and she has been vetted in a bunch of hillary clinton events and talks. this is i think in some ways taken over from donald trump talking about his policies and issues this week. >> yeah. dorothy, the tax return question, she thinks that's a big advantage. >> it is a big advantage, but it wasn't really the issue. it was the what they call the optics. here you saw this
extraordinarily composed hillary clinton and it did not look good. i have a lot of trouble believing that there was much that donald trump came away with outside of the blows he landed in initially. >> on the economy. >> on the economy. >> dan, let's talk -- go ahead. >> i was going to say, let's talk about the raw politics of this. right after that debate her super pac priorities u.s.a. has been sat rating battleground states with tax videos, florida, ohio -- >> these are the tax returns. >> these are the tax return issues. we've said many times trump does not have the resources to count counteract those acts and we
worried that trump wouldn't have the resources to counteract those actions. >> we warned trump and the republican voters in the primaries release your tax returns early, just like we warned mitt romney, whatever hits you're going to take get them out nine months before the election, not two months and now he's taking it because she can make up whatever she wants about his taxes because they aren't out there. >> i say three things. one is, yes, he hasn't released his tax returns. i don't think he's going to release his tax returns. >> i agree with that. >> i'm not sure it matters. i think watch these debates differently from you and i. when i watch the debates i have a computer screen with instant is that correct from twitter and e-mail. i'm not sure people watch it in quite the same way. what i thought was donald trump's weakness was we saw donald trump on defense a lot of that evening. that's a new donald trump.
he's auslways on offense. when he's on defense he's not getting the job done. >> is he -- dan, you wrote this week about the change theme. that's one thing that trump was hitting on very hard. did he score with that? >> i think he scored some points. he scored enough to keep his head above water, talking about her 30 years of political experience with very little to show for it, attaching her to washington, saying that on extraordinary amount of urban violence taking place and she talked about gun control and he said you won't say law and order and we need law and order. that puts him in synch with the mood of the country and she's struggling to get in synch with that mood. >> dorothy, that would seem to be a place where he did score points. what do you think? >> i don't think he scored those points because he said them
before and the context in which he scored them was so questionable. he looked so uncomfortable scoring them and every time that mrs. clinton opened her mouth to respond, it was with the most vulnerable look, not the person who had pneumonia but a radiant different kind and those things matter. vision of this candidate who has always been terribly strong looking lustered, sighing, sniffling, that matters. >> was it a visual difference that put trump on defensive? >> no, i think i would have to disagree with that. the biggest problem for trump in that didnebate was missed opportunities. he sent a message that was valuable to get out there, but one of the things he has hit on so effectively in the campaign up until now is talking about
clinton corruption and the risk of having the clintons back in the white house and yet we heard a passing reference or two to her e-mail scandal. he never brought up clinton foundation. so these were some moments that he really i think could have drilled home some messages to the american people, but for whatever reason he chose not to. >> and alicia machado, the former miss universe, trump can't seem to let that issue go and hillary clinton has almost made her her running mate now. she's in every ad and every meeting. why can't trump let that go. >> this is how he operates when people directly challenge him on something to do with his business or past, it seems to get in his head, but -- he has allowed this to overwhelm the air wei airways by continuing. he's got to get back on the policy issues. >> i think that's good advice.
the running mates take their turn in the spotlight as they gear up for tuesday's vice presidential showdown. a look at what each candidate brings to the ticket. is that ice-t? nope, it's lemonade. is that ice-t? lemonade. ice-t? what's with these people, man? lemonade, read the sign. lemonade. read it. ok. delicious. ice-t at a lemonade stand? surprising. what's not surprising? how much money marin saved by switching to geico.
with the first presidential debate behind us all eyes are on the running mates this weekend as tim kaine and mike pence get ready to face off and will their performance tuesday night make a difference in this tight race? this collisi they say the only time you want to hear from the vice president is when they're announced and on the debate. >> it doesn't matter unless someone blows it or looks stupid on tv or has an aleppo moment. this is such a tight race. you don't know what's going to
effect people at the margins. these guys are so opposite the top of the ticket. usually you look for things together. at the top of the ticket you have this hot sauce and then at the bottom you have these mild mannered middle aged men. very different. >> how do you think pence has done so far? >> i think he's done just fine. he was especially good at the convention. i think that given the interest in this election that debate is probably going to get pretty good viewership. what they're likely to see is a mike pence who is able to articulate the trump agenda on lowering taxes and why we need to lower taxes and help the economy by deregulation. he can talk about national security. it makes him donald trump's interpreter, no question about it. >> does that make trump look good or bad. >> it connects people who are starting to find a reason to vote for trump a better understanding of why they would
vote for him rather than hillary clinton. what is at stake beyond those two personalities such as the economy. >> maybe trump can pick up a few lines in pence. >> he better be watching. >> dorothy, tim kaine, how do you think he's done as an advocate for secretary clinton. >> i think he's done less well than mike pence and that is a great surprise. here is this lively vital man walking around with the right attitudes and here is this button down person who is mike pence who actually does the service of supporting his candidate in a very el owe can't way and he does his job with a magical skill and confidence. that's not to take tim kaine doesn't do it well. he's a deal maker and charming and he's almost middle of the
road and he can bring virginia along with a few points. >> the thing about tim kaine that might be effective in the debate is he sounds -- he looks like a frooir, a nice guy, but he can deliver really nasty hits in politics. it doesn't sound nasty. >> no, i mean it's been a very interesting race though because one of the things that vice presidential candidates do for the person who hired them is they are the attack dogs, but what we have in this case here which is odd is that the people at the top of the picture, trump and clinton, are good at attacking each other on their own. so they've been playing very different roles. from mike pence for instance a very behind the scenes role and he's been crucial for shoring up support for mr. trump among members of the house and senate and republican caucus. he's been out there working down
ballot being the person who appears with senate candidates and house candidates up for reelection and tim kaine has been the outreach person for hillary clinton going along and meeting with some of the smaller groups like minority groups like lgbt community and people with disabilities community, trying to collect every faction of the obama administration. >> donald trump was presented as the ab or rash. it seems to me tim kaine's job is to make hillary likeable enough for a lot of people. >> do you think that's going to work. >> and mike pence at the margins, trump is struggling with about who identify as republicans and they're worried they might have -- they might not identify with donald trump, but they might identify with mike pence. >> i think they've been using a more pointed way than vice
presidents normally. pence was out in arizona and tim kaine was down in miami dade college talking to millennials. i think both of these attractive politicians are being used to try to generate enthusiasm in the battleground states. >> the one thing mike pence does is separate himself when it matters. he said i do believe that barack obama was born in the united states. he's managed to maintain his dignity in a really serious and useful way. >> okay. thank you all. thank you very much. when we come back, fbi director james comey in the hot seat about his handling of the hillary clinton e-mail case. >> you can call us wrong, but don't call us weisles. we are not weis els. we are honest people. ugh. heartburn.
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when you are allowing witnesses who happen to be lawyers and targets to sit in on an interview, that's not the fbi i used to work with. >> i hope some day when this political crazy is over you will look back on this because this is the fbi you know and love. this was done by pros in the right way. >> fbi director james comey in a heated exchange with south carolinan congressman. there were allegations that comey granted immunity to top aids in part of the probe if she
mishandled classified information during her time as secretary of state. we're back with our panel. let's start with the immunity question. was the way this was handled by the fbi normal? >> no, nothing about this was normal. i think that's what everyone is so upset about here. you have a lot of lawyers out there looking at this and saying this is not the way we handle immunity deals. this doesn't look like anything we recognize. i understand he's trying to say he's not a weasel, but the thing is in every situation where there was a questionable judgment, they came to go in hillary clinton's favor. when you hand out immunity deals you do it in pursuit of a larger prosecution and so to hand out as many as they did as easily as they did without actually prosecuting anyone just -- >> in a hearing comey said that the fbi didn't make those decisions. this was just the justice
department deciding it and yet it's really unusual for the fbi to advocate, influence, in that kind of decision because the fbi is conducting the investigation. >> right, for sure. comey seemed to be wanting to take his lawyer hat on and off here. this is exactly as you say, it would be very strange for the justice department to make that decision without having some consultation with the fbi without saying how is it going to effect your ability to investigate. >> bill, you were very critical of this this week. why did she need immunity. >> that's the question. this was not testimony. usually immunity is given, this is evidence. james comey raised more questions about what the fbi does. the fbi investigates, doj prosecutes. he wasn't shy when he called the press conference to take the indictment away from the doj.
now he said it wasn't my call. they had 12 people on this interview. it was a circus. the question is did he push back. the attorney works with the fbi, did he push back on any of those things, because this involved the integrity of his investigation and we know the fbi had issues because one agent asked her questions and she stormed out of the room when she was being interviewed and then came back and didn't have to answer them. >> what else did we learn that you found striking this week during the hearing? >> one of the most important things was that mr. comey essentially admitted that they got these immunity deals because they are acting in the capacity of hillary clinton's personal lawyers and therefore are claiming attorney-client privilege. so they said we don't have to turn anything over to you. the only way the department of justice and fbi can get ahold of their lap tops was to agree to
their terms of immunity. >> how convenient. okay. there are her aids who are crucial as witnesses in this case and they can say we're representing her as her lawyers. i mean, you get both -- you get a coming and going. >> you get it all, which was purposeful. the clintons do this all the time. i think the important thing here is that the fbi has allowed that to stand. they would never tolerate this in any other case. i mean, the only reason she is getting away with this because she claims she didn't know about the server until after she left the state department. there's proof that's not true. rather than go after her for perjure ay perjury, comey wanted this to be easy and quick and go away. >> the press core has said we don't want to think about this or talk about it, but this goes to the core of the integrity of law enforcement and the justice department. the reason we give fbi directors
ten year terms is so they can independent of these kinds of political influences. >> some of this should sound familiar to you. this is the origins of the word clintonan. this is how he handled the department during the '90s. this was the biggest complaint in those years is that the justice department was deployed on behalf of the clinton. now it's back with the e-mail sever and this is what donald trump should be talking about and not miss universe. >> do you think he'll take it up. >> i don't know. it's part of the overall corruption. people understand this. she was a witness. this is like having the mob lawyer serve. i mean you use attorney-client
privilege to hide information about who's getting whacked or something. it's unpress departmecedented f department of justice. >> should he have impanelled a grand jury to do this and go at it that way. >> yeah, i think that would have been more illuminating. what you see here is that the clinton campaign wasn't going to cooperate. that's why they got immunity deals because they weren't cooperating. still ahead, it's a top concern for many voters so how do donald trump and hillary clinton plan to create jobs and jump start a sluggish economy. we'll look at their economic proposals when we come back. guess what guys, i switched to sprint.
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we have to build an economy that works for everyone, not just those at the top. that means we need new jobs recollecti, good jobs, with rising incomes. we have to raise the minimum wage and also guarantee finally equal pay for women's work. let's have paid family leave, earned sick days, affordable child care and debt free college. how are we going to do? we're going to do it by having the wealthy pay their fair share. >> the democratic nominee is promising to create new jobs while making the economy fairer.
her plan is higher minimum wage, paid family leave and debt free college. can she pay it for it all. let's ask the rm former of chaif president obama's economic advisor. >> what is the difference between president obama -- between hillary clinton's economic agenda and president obama's? >> well, i'd say there's several specific policy differences. i'd say in spirit the idea that we want to have the economy grow in a way that's broad based so it includes a lot of people and get middle class incomes, that part the direction is the same. some of the major policy differences are hillary clinton's propose in had quite
significant investment in infrastructure, highways and bridges, she's got this debt-free college idea and a series of things around women in the workforce, family leave, child care, early education, all three categories the president hasn't proposed so that is different. >> as i see the infrastructure plan, that sounds like to me like what happened in 2009 with the stimulus plan. it's a plan the government does the investing and that's how you get economic growth. how is it different? >> i don't think that's fair. >> how is it different? >> i think it's a little different on both sides. so you see hillary clinton proposing not just that the government spend the money, she's proposed an infrastructure bank that's trying to leverage infrastructure money so you get more infrastructure and higher bang for the buck and things like that. in the stimulus in 2009 the
intention at that time as you know because you were critical about it, but the intention was to try to get things that could be immediate, that we could just get out on to the plate as it were in the midst of this down turn in a fast way. the clinton effort is about a longer term investing in infrastructure. it's not intended to be short run infrastructure. it's intended to rebuild the backbone of the country. >> she's going to pay for it. she's going to increase taxes on investment and high earners, raising the capital gains tax among other things. one of the features of this economic recovery is capital investment, business investment has been disappointing. it's been there, but it's been lower than a lot of other
recoveries. how does raising taxes on investment increase investment? >> well, the first thing i'd say about that i think you're characterization is somewhat accurate that the business investment capital expenditures have been relatively disappointing in this recovery. that has been true over the last two recoveries that we're trying to wrap our heads around in the economic sense. is there some fundamental shift going on that businesses are maybe they're buying more computers, more software or a service or something and they're buying less machinery. i don't think that the capital gains rates on individuals and their stock investments has very much direct impact on companies deciding whether to build factories and do capital investments. as you know the tax cost of capital for business investment is about the lowest it's ever
been on both the tax side and the interest rate side, all of those things, we're as pedalled to the medal as you can get. that's not what the problem has been. the problem has been a lack of demand around the world and in the united states and we need to get growing again before businesses are going to overcome their reluctance to build over capacity the way they did before. >> i would argue that it's also related the reluctance in businesses to investment is uncertainty in regulation. >> i know you would and you've said that before, but i would just highlight the fact that you observe that phenomenon happening in all the advanced economies of the world, including ones where they didn't pass obamacare and they didn't make regulatory changes, i think strongly suggests it's about global aggregate demand and not global regulation. >> this is where we have a fundamental disagreement about
supply. let's me ask you one other tax element because you might be able to get an agreement. cut the corporate tax rate in a way that gets the $2 trillion of corporate income overseas and bring it back because even president obama says that would be helpful. >> the president and the jack and the republicans in congress when we were engaged in negotiation over corporate taxes, i agree we could find a way to broaden the base and lower the rate and that would be an attractive reform of corporate taxes. nee nin the people who think there's a huge cash of free money, i would highlight two things. one half the money sitting on
corporate balance sheets now is domestic. it's not being used and it's sitting here so i think it's far more likely that you would give this huge tax giveaway to get them to bring the money back to the u.s. and then we would be talking about why is the money sitting here being unused in the u.s. and the second is companies do repat ree ate money now. the federal budget office has estimated this as that costs money over ten years to do that. so we can't use it for something. we have to find a way to pay for it. >> and we have to find a way to grow the economy. thanks. i appreciate your coming in. the other side weighs in, trump economic advisor on the republicans plans to cut taxes and create jobs when we come back.
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35% to 15% for companies, small and big businesses. that's going to be a job creator like we haven't seen since ronald reagan. it's going to be a beautiful thing to watch. companies will come. they will build. they will expand. no companies will start and i look very much forward to doing it. we have to renegotiate our trade deals and we have to stop these countries from stealing our companies and our jobs. >> donald trump touting his plan to cut corporate tax rates at this week's debate while promising to renegotiate u.s. trade deals with companies he claims are stealing american jobs. steve moore is a trump senior advisor. y how do you respond to his points this this is all just a demand probl problem? >> a couple of things. first of all, i think you guys nailed it on the editorial page
three or four weeks ago when you had a headline about hillary's plan that said hope with no change. when you listen to what austin just said and what hillary said on monday night, it was basically whae're going to do wt we've done for the last eight years and hope this time it works. is there in eb who thinks that a big tax increase of $1 trillion that an economy needs. you can kwibl with what trump wants to do, but i don't see the logic of a major tax increase. one. things i thought austin said that was incorrect the tax cost of capital is the lowest it's ever been. that's not true. when obama came into office the capital gains tax rate was 15%. obama raised it from 15 to 20 and then 24%. that's a significant increase. the individual tax rates went up and those are taxes paid
directly by business. so you summarized the very problem in the economy very well, businesses are not investing. they are profitable. they're not reinvesting that money in the economy partially because of taxes and partially because of regulation. >> let me take something up with you on trump. when he started with the economy he spent most of the time in that answer talking about trade. he did mention taxes. he mentioned regulation very briefly, but mostly he focussed on trade. is this telling the american people that donald trump really thinks that renegotiating trade deals and nafta is the number one economic priority we have? >> you know me, paul. i'm a free trade person and i've told donald trump that from the start so i don't entirely agree with the trade issues. >> is this his priority or not? what is his priority? is it taxes or regulation or trade? >> i believe and i think he does and he said this in is the
debate, one of the big problems with our trade imbalance and the fact that we're importing so much more than we're exporting is the tax code. what i told him and i think he wants to go in this direction, if we fix the tax plan and we're taxing things that come into the united states rather than what we produce and export, you can level the playing field and he said that in the debate. the other thing is if you get the regulatory structure fixed, i'll give you one statistic. every manufacturing job comes with $18,000 of regulations. that puts america at a severe disadvantage. i believe you bring these businesses back through tax and regulatory reform, but he has made it clear he does want to renegotiate some of these trade deals. >> i think that's going to harm growth, not enhance it, but let's talk about the tax plan. i want to clarify a point here. donald trump is proposing to cut the rate from 35% to 15%.
there's an ambiguity about how that rate would apply to small businesses. would that 15% rate apply to general electric and also to the hardware store owner. >> why it's so important, i learned this from reading your editor yals. we have the highest corporate tax rate in the world and it is leading to companies leaving the united states. if you cut that rate to 15% you'll get a lot of companies to come back to the united states. donald trump said i want to make sure small businesses benefit as well. we have a 15% rate for small businesses, but the stipulation is you have to reinvest the money back in the company. if you have profits and you put that money back in the company hiring more workers or building a new plant or investing in machinery or trucks or something like that, you're going to get a 15% rate.
if you take out in the form of a dif end or wage and salary it will be taxed at the individual rate. we cut those as well. it's a big barrigain for businesses. >> it only goes down to 33% if you take it out of the business. >> that's right. if you're a sole proprietor. >> okay. steve, thanks. we've got to go but i appreciate your coming on. >> thanks. with murders up more than 10% in 2015, issues of law and order are taking center stage in the presidential campaign. who is right about frisk in this week's debate? . . >> stop and frisk was found to be unconstitutional and in part because it was ineffective. it did not do what it needed to do. ugh. heartburn. sorry ma'am. no burning here. try new alka-seltzer heartburn relief gummies. they don't taste chalky and work fast.
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issues of law and order making a return to the campaign trail as the fbi reports a 10.8% increase in murders across the u.s. in 2015 and in monday night's debate the controversial practice of strop and frisk wasa hot topic. >> stop and frisk was ruled unconstitutional in new york because it singled out black and hispanic -- >> no, you're wrong. it went before a judge who was a against the police judge. it was taken away from her and our new mayor refused to go forward with the case. if you look at it throughout the country there are many places --
>> the argument is it's a form of racial profiling. >> no the argument is we have to take the guns away from the peo shouldn't have them. >> we're back with dan minute imageer, dorothy hennewitz and bill mcgirn. >> trump is right. certainly hillary clinton, who graduated from yale lauw school should have known better. the supreme court ruled 8-1 those kinds of stops by police were constitutional, called stop and frisk. what is an issue here is whether stop and frisk as applied by the new york police department. judge sheindlin ruled it was unconstitutional, they were doing too much of it. >> as applied in that case. >> as applied in that case. the city was going to appeal that. there was every expectation that
the ruling will be overturned. >> not least because the court of appeals took the case away from sheindlin for what they said was antipolice bias. >> the appearance of bias. >> this is no ordinary judge. this is a woman who invited the lawsuit from the litigants, told them how to file, then collected the cases under her jurisdiction, and then she ran from kangaroo court indicting the police that would lead to her ruling. it was so egregious, the second circuit slapped her down. as dan said, this is a tactic. it goes back a long time. donald trump basically got it right. this is a tactic by which you take illegal guns from bad guys. liberals want to take guns from good guys. in this case, if you're going out there and you're a troublemaker, you might leave your gun at home because you might get stopped in the subway
or whatever you do. >> you remember the bad old days in new york, dorothy, before stop and frisk. even if stop and frisk was practiced to an excess for a time, it did work. >> it did work. i've been a long time in new york enough to remember justin sheindlin, who was absolutely notoriously antipolice. this is with u.s. best known stories about judges that the city had ever seen. however the real problem was that you go into crime-filled neighborhoods, you are going to pick necessarily people to stop who are proportionately very high. minority groups, this is the killer trap. and the other thing that happened in this case, which is unforgettable, is the media assault. i know it's the season to blame the media, but they were worth it in the attack on policing. >> and further to dorothy's point, the man who was most
popular in new york city was commissioner ray kelly who used stop and frisk the most. even bill bratton who succeeded him said it's a vital tool and the people who want to take it away are nuts. >> this increase in crime rates, murder rates, is troubling. we really need to stop it before it gets out of control. >> it's mostly in cities like chicago, as we know, baltimore, st. louis. it's down in cities like new york where police have the resources to stay on top of crime and to stop murders before they take place. >> thank you all. we have to take one more break. when we come back, hits and misses of the week.
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school was going to be a forum for debate and he wasn't going to let safe spaces break down free speech on campus. now his counterpart at northwestern university ranted that anyone who denies microaggression or the existence of safe spaces was a lunatic or idiot. i'm not sure if that qualifies as a microaggression, but i know it's not not good for northwestern university, a miss to him. >> bill? >> a hit to nevada state supreme court in a landmark decision. it upheld the broadest school choice program in the nation and even better, throughout the blaine amendment objections to it. the blaine amendments are 19th century anti-catholic relics but some states still have them. the teachers' unions are hiding behind them. >> hear hear. dorothy? >> call me a sentimentalist,
here is a hit to the wonderful picture of michelle obama and george w. bush at the african-american museum of history last week. and it reminded me of those moments, way back, when people of opposite sides, both in congress and elsewhere, could have a drink, work together, have some spontaneous relationships. it's a kind of, in the dark hours of this election, this is a soothing balm and we could use it. >> dan? >> capitol hill for letting the sponsors of terrorism act become law after overriding president obama's veto. in fact it means the plaintiffs' lawyers are now going to have a new target. every government in the world and most likely will get retaliatory lawsuits by those governments against our people.
mr. obama checked out, did zero to stop it. >> thank you, dan. if you have your own hit other miss, e-mail or tweet it to us. i'm paul gigot. hope to see you here next week. hello and good afternoon to you. i'm julie banderas. >> julie, good to see you as always. i'm kelly wright. topping the news, donald trump on a campaign and fundraising swing through a critical swing state, pennsylvania, on the heels of a tough week for his presidential run. and hillary clinton enjoying a rise in the polls for her debate performance amid trump's troubles. now she's making a play for her rival's supporters. hurricane