Skip to main content

tv   Cashin In  FOX News  June 24, 2017 8:30am-9:01am PDT

8:30 am
>> market share. >> and mark-- mike is absolutely right, a great stock. >> that's it for forbes on fox. have a great weekend and keep is right here, the number one business block continues with eric bolling. >> north korea still testing the world's patience. u.s. officials telling fox news the rogue nation conducted another rocket engine test that could be used for missiles capable of reaching our shores. and it comes the same week president trump says china's efforts to rein in its neighbor have not worked out and the sad news that the american college student released after 17 months in a north korean prison passed away. so, is it time we take more drastic action to stop north korea's aggressive behavior? hi, everyone, i'm eric bolling. our cashin' in crew, gina, david mercer, welcome, everybody. check this out. the workout post accusing me of war mongering for saying maybe
8:31 am
the u.s. should consider a preemptive strike on north korea. gina, the point is and was wouldn't be taking out their missile sites before they lunch to the u.s. help america. >> come on, eric, stop drawing common sense. we should draw artificial lines, that would em boldened our enemies and the horrible human tragedies like occur in north korea. this week, we watched the very, very upsetting death of otto warmbier and he is the tip of the iceberg in terms of what happens in north korea on a daily basis. so if americans want to talk about being humanitarians, this is the place to state. eric: lisa, over the last years, especially under president obama, the testing of north korean nukes got bigger and bigger. started at two mega tons and ends up with 10 mega tons, who
8:32 am
knows going forward. >> i think you see the trump administration very engaged on this issue. look, i would caution, former cia director michael haden said that north korea is the most difficult intelligence target because there's so much we don't know about what their nuclear capabilities are and i would also caution, look, i'm certainly no military analyst, but i do trust mad dog mattis and he testified before the appropriations committee very recently saying this is not a war we want with north korea and we would see casualties like anything we haven't seen before since 1953, 'cause you look at the population centers in south korea of seoul. you look at japan. you know, again, another dense population area. so we would see mass casualties, potentially there. so i trust secretary mattis and if this is a guy who says he doesn't, you know, nothing keeps him up at night, he keeps others up at night and he's saying very
8:33 am
clearly and testifying this is not a war we want, i trust his judgment on that. eric: right, right, and the point wasn't that we strike a nuclear war with north korea, because that wouldn't be good for anyone. my point was, hey, why don't we take out some of the missile launching capabilities of north korea before they send one over our way. right, you know, i think, eric, it's very complicated and i think part of it is the fact that there is dissent coming from the u.s. missile defense agency as well as from the department of defense where they are concerned. they're already assuming that north korea at some point will be able to launch an inter-continental ballistic missile. so, and they're trying to prepare with the anti-missile defense system in the united states, which as we saw, they just failed in trying to shoot down a missile in one-- in one of our practice tests. so, i think that, you know, i think that for the trump administration, all options are on the table. he think that they're running into this very difficult
8:34 am
challenge where they were putting pressure on china to act and basically controlling the north korean toddler dictator and that's not happening. so you're going to see that they're going to reevaluate this. i think the biggest concern there, eric, they don't want to escalate to the point where we do end up in a very expensive and serious war. eric: that's the point i'll bring to david. there's been nothing, but escalation with the koreans the last couple of years. the testing has become bigger and bigger and now there's a report they're testing a engine that can deliver ahead-- a warhead to our coast. >> may i caution that going to war as a preemptive strike, that that be a course of last resort. that being said, we have to think about south korea, our ally there, that the minute we may be striking missile sites in
8:35 am
north korea, soul is three miles from the demilitarized zone. eric: 35 miles. >> 35, excuse me. eric: fair enough. >> what strike are we going to see on seoul putting a city of civilians at risk as well. so, there are trade-offs here and we have to be careful on what are the costs to our allies. eric: let me stay with you for one second here. in 1980, the israelis were looking for the u.s. to help them out because iran and iraq were developing missile programs and they were concerned and the israelis went in and took out some iraqi nuclear sites on their own preemptively and guess what, world war iii didn't start that day. >> i didn't say we were trying to prevent world war iii. i'm saying there are other means working with our allies. let's not forget that china or north korea is china's, one of their largest trading partners. so they have incentives, just as
8:36 am
we do-- >> it's not enough, david. china is-- they are the only ones capable of disarming north korea. obviously they're not keeping their promise in pushing these international sanctions in a serious way and obviously, president trump pointed that out recently that we were hoping to see china take more aggressive action against north korea. it's been very minimal. >> what happens, mercedes, when we then hit or strike north korea? what then happens with china's reaction? the destabilization in the region, then you have escalation for sure. eric: all right, go ahead. >> two things here, when i was talking with mass casualties, i wasn't talking about a nuclear war, per se. any sort of escalation, any sort of war could potential bring mass casualties to our ally south korea. look, i think we have to keep in mind regarding china, it's also china's best interest and they don't want escalation with north korea either because, one, they don't want a mass refugee crisis
8:37 am
from north korea and, two-- >> they can't get out of north korea. >> you can't get out of north korea. >>, but they also want north korea to serve as a buffer between south korea and the united states as well, so, i mean there is interest there with china. eric: guys, hold on. i want to bring this to gina. about a minute left. you can take this home. if i'm wrong and we don't need to do a preemptive strike, how in the world-- what are the sanctions we need to get in place and how are we going to get them in place and by whom? >> well, i think that president trump has taken some great steps in that direction. first of all, demonstrating that he was willing, of course, to speak with china and to have a sort of different relationship with china than president obama had ever had and then president trump's tweets about this, saying kind of, hey, you know, we had this conversation. you know, china, we need you to be tougher. i think that critically are the steps that the president took just this week or last week with cuba. i mean, cutting off--
8:38 am
cuba being one of the biggest trading partners with north korea. this is the beginning of a stri stranglehold they're not going to libeling. >> you've got to tanks the chinese banks, and that's one place to start where they have the close ties to north korea. you've got to keep putting pressure on china, especially when you have south korea's president a progressive, trying to have the talks with north korea. it's really putting the united states in a difficult bind. eric: going to leave it right there. coming up, what the fbi is saying that may be proving cbs anchor's scott pelley's comment that the republican shooting being self-inflicted. plus, johnny depp jokes about assassinating president trump. with it, i earn unlimited 2% cash back on all of my purchasing. and that unlimited 2% cash back from spark means thousands of dollars each year going back into my business...
8:39 am
which adds fuel to my bottom line. what's in your wallet?
8:40 am
8:41 am
>> the fbi confirming this week the gunman who opened fire at a republican baseball practice had been posting anti-republican things on social media, but cbs news anchor scott pelley is suggesting republicans may be partly to blame.
8:42 am
>> it's time to ask whether the attack on the united states congress yesterday was forseeable, predictable and to some degree self-inflicted. too many leaders and political commentators who set an example for us to follow have led us into an abyss of violent rhetoric which it should be no surprise has led to violence. eric: now, mercedes, if this isn't media bias against republicans, i don't know what it is. >> i think for the mainstream media it's always the republican's fault. you can go back to the gabby giffords shooting and congressman scalise, it gets old, it gets to a point where when you look at the language that so many on the left use, celebrities included, journalists as well, we saw joy reed tweet out recently basically attacking scalise's voting record while the man is still in the hospital? when does it end? many of these politicians on the
8:43 am
left pushed forward this, that the president is going to kill you. that the health care bill is going to kill you. building up all of this hate language and i think it's incredibly harming and getting into penetrating our culture and our society that could lead to these violent act from these deranged individuals. eric: and david, liberals, hollywood liberals are the ones who have heightened rhetoric and pelley blames, calls it potentially self-inflicted on scalise in that's insanity. >> i would say for all of us, the viewers included, look, we have a congressman lying in recovery in near death from the shooting and we want to sustain from making political hay on either side. and we might want to on behalf of cashin' in and us, send some flowers to him and his family, in his recovery. i also will say that, look, a crazy person on the left or shooter on the left is as crazy
8:44 am
as a shooter on the right. eric: my point was that pelley was blaming scalise while he lays in a hospital bed? blaming it's self-inflicted? no, i think it's the crazy s-o-b who shot him on the field. i want to get to this, this is very important to me. take a listen. this is johnny depp the actor, who had some outrageous comments this week. >> i'm not insinuating anything, by the way this is going to be in the press will be horrible. but i like that you're all a part of it. when was the last time an actor assassinated a president? >> unbelievable. he goes on to say later in that commentary, and maybe it's time someone should. >> yes, it's disgusting and same on johnny depp. and look, today david's point, i really wish the left and the media did that back in 2011 because i certainly remember working for a tea party member on capitol hill when gabby
8:45 am
gifford was shot and media blaming conservatives, despite the shooter had zero connection to conservatives and the new york time ran an editorial trying to make that claim, despite any evident at all. and, yes, this shooter alone is responsible for his attempted assassination of republicans, but we've seen a long list of violence being taken place against the right without condemnation from the left, or leaders, including a fire bombing of a north carolina g.o.p. office. a 71-year-old staffer of dana rohrabacher shocked to the ground unconscious. a member of congress driven off the road because of health care. yes, that shooter alone is responsible for his actions, but we also have to be paying attention to all of this other stuff going along. a daily caller did a good job collecting a long list of things that have been happening in this country. eric: and i want to get gina in
8:46 am
here, and weigh in on scott pelley's comment, self-inflicted. and johnny depp forget the apology to the president, his supporters need to push back on him hard. >> i hope the secret service goes on him hard. this thing used to be punishable. i didn't see any real fallout for madonna when she talked about blowing up the white house or any of the other inferences of violence. that very well may have actually inspired the shooting at the congressional baseball game. so, i think if you line it up, eric, side by side, referring to what lisa said, line it up side by side and look how many actual solicitations of violence have ever come out of anyone famous on the right and you hold that up to the media and hollywood left, and also, by the way, elected officials who have said things on the left that are completely intolerable and i will tell you that list far, far exceeds anything. eric: we are going to give david the last word.
8:47 am
>> looks, it is disgusted the charged rhetoric and so forth. and we have now congressman elect handel, quote, and label it a disgusting. the republican ad aired on her behalf socialing the shooter with her opponent and the uni think had -- unhinged left. >> he was a bernie sanders supporter. >> we should be calling for the same and-- >> the republicans would not call for the assassination of obama. end of story. the mere fact that story is being mentioned by celebrities is uncalled for, it should not be tolerated on our society. >> nor should pressing anybody in a rally or instances, let's bring it down a knowledge. >> david, it's unacceptable, unacceptable talking about the assassination of the president of the united states. eric: coming up, the return of cashin' in segment artificial
8:48 am
intelligence what amazon is planning to do with whole food that have some worrying that it's a take down of american jobs. that's where i felt relief. it actually helped to know that somebody else cared and wanted make sure that i was okay. that was really great. we're the rivera family, and we will be with usaa for life. usaa. we know what it means to serve. call today to talk about your insurance needs. how if guests book direct ater, and stay twice they'll get a $50 gift card? summertime. badda book. badda boom. got you a shirt! ...i kept the receipt... book now at
8:49 am
>> coming up, many americans are getting jittery about their jobs. amazon reportedly planning to replace some workers with robots
8:50 am
8:51 am
>> live from america's news headquarters in washington, good morning, i'm leland vittert. officials in london have evacuated some 650 apartments in public housing buildings over safety issues in wake of the deadly apartment fire. authorities say inspectors found problems with insulation and fire doors, they will likely take three to four weeks to
8:52 am
finish safety upgrades. the review was ordered after a fire last week that killed at least 79 people. parole for convicted killer and charles manson follower bruce davis has now been blocked for a fifth time. 74-year-old davis is serving a life sentence for the 1969 murders of two people. in february, a panel recommended parole, but friday was blocked by california governor jerry brown. i'm leland vittert. we'll see you at the top of the hour for more news with elizabeth prann. in the meantime, now back to cashin' in. . eric: as amazon makes another move to take over the world. it could mean a world of hurt for workers. the company is are the ro reportedly looking at automation at whole foods, that could mean job cuts.
8:53 am
and lisa what's good for amazon may not be good for everyone, is this a spreading issue? >> well, yeah, there's a study recent by pwc, 38% of jobs in the united states could be replaced by automation in the next 15 years. clearly, that would have a huge shifting effect on the economy and the jobs that are available today. eric: gina your thoughts on spreading concern over automation? >> the free market tends to do a pretty good job self-regulating. we've always had advanced technologies, somebody a checker today is somebody who is a technician on robotics, instead. it could even be a better job and work out better in the long run for some of these people. eric: your thoughts? >> and let's tie the needle and thread together here. it's very clear what we need to focus on is skilled labor force and work development, work force development. that's one of the key areas. i think we need to embrace this type of innovation. this is the evolution of the jobs market, and with it, what
8:54 am
we do need is the fact that we have to close that skill gap. and i think that's going to have to be the focus in dealing with this new technology that's changing our society. >> david, you know, the liberals are saying, let's raise the minimum wage and health care to every worker. what happens, a company like amazon realizes it's cheaper to employ a robot than a human. >> i haven't seen a comment from amazon tying those two together. i have faith in the american worker, from service to the economy, and we need to smell the coffee and act on that, be prepared, not worried. and to work in the new economy that's being illustrated by jeff bezos, and what's happening to whole foods, in being now taken up by amazon because they are on a mission.
8:55 am
one-- >> not as efficient. eric: we know the spread-- >> they're not making money. eric: you know what's artificial is this the minimum wage is artificial. >> you know what's unfair, not having a livable wage. eric: maybe talking about that next week. a preview of a new book called "the swamp" before it hits the shelves on tuesday. sting, looking from a fresh perspective can make all the difference. it can provide what we call an unlock: a realization that often reveals a better path forward. at wells fargo, it's our expertise in finding this kind of insight that has lead us to become one of the largest investment and wealth management firms in the country. discover how we can help find your unlock.
8:56 am
8:57 am
yeah, 'cause i got allstate.? if you total your new bike, they replace it with a brand new one. that's cool. i got a new helmet.
8:58 am
we know steve. it's good to be in (good hands). >> i want to say thanks to our cashin' in crew for joining us, great week, everybody. time to wake up, america. america, land of the free and home of the brave, a nation we all love and stand united behind. well, almost everyone. with all innovation and ingenuity and success we've seen unprecedented amount of corruption, crime and scandals. i'm not just talking about bill and hillary clinton type scandals, although my book has a chapter on them, but since the start of democracy there were
8:59 am
those who found their way into our tax dollars. perhaps our forefathers knew it would be easier if they lived in one swamp, washington has become that swamp. perhaps that's why our nation's capitol was built on a swamp. i write about the unsavory characters. it will amaze you. and it comes out next week. "the swamp", the stories across the country and i take you on a rollercoaster ride and offer solutions to president donald trump how to fix the problems for once and for all. from jefferson's with the slaves to chappaquiddick. president trump has a copy and i
9:00 am
hope you'll get a copy, too. let's learn from the past so we don't repeat the egregious mistakes and let us look to the future with solutions how to save our democracy. get your copy now and have a fabulous weekend. leland: republicans lose another vote as they try to replace obamacare. and they're twisting arms. what the president said this morning as he tries to whip votes. elizabeth: and democrats are pointing fingers at president obama and his handling of russia's meddling in the 2016 election. leland: and north korea says, it's quote, the biggest victim in the death of college student otto warmbier. he died monday. >> what will the white house do to retaliate. great to be wit


1 Favorite

info Stream Only

Uploaded by TV Archive on