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tv   MSNBC Live With Thomas Roberts  MSNBC  January 20, 2016 10:00am-12:01pm PST

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lowest levels since may of 2003. we have a series of reports for you starting off this hour. i want to begin with msnbc's olivia sterns. explain why we're seeing this happen in the markets. and we're talking about this constantly. >> yes, and there is no one specific reason why markets essentially are in panic mode right now. the dow off 450 points. you can see right here, we're just off session lows. but this is a very dreary picture with the dow off 2.8%. we are below 16,000. the s&p and dow are trading at levels they have not been trading at in almost two years. all the gains of 2015 have been completely wiped away. there are a couple of reasons. and the fact that there's no specific one reason is uncertainty. and that in and of itself is a reason. some of the reasons are oil. the price of oil today alone is down nearly 6.5%. that's a huge move for the price of crude. the reason is because we just have way too much of the stuff. there's a supply glut. we just lifted sanctions off
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iran, so that is just one more country exporting their oil onto the market. and nobody knows where the bottom is. some economists say we are headed to $10 oil. so nobody knows what that will do to the economy. obviously, it is bad news for energy companies who are a big part in the stock market employing a lot of people. and shell says their profit this quarter will be half it was last year and the layoffs will be up to 10,000. so there's a big reel effect. the other thing is china, everyone is worried about china not growing fast enough. it grew 6.9% in 2015. we would love to be there, but that's the slowest growth china has grown in 25 years. now that we are raising rates again, the fed is not really, the fed doesn't have our back the way they used to. every time the stock market wobbled for the past six years, janet yellin would come out to say, we've got your back. she can't say that anymore because she committed to hiking
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rates. >> olivia sterns, you'll keep an eye on this. we'll be talking the next two hours. now to our colleague at cnbc, sue herrera. we'll talk about the oil prices at lows. just when we thought q1 couldn't get worse, now we are witnessing the continued fluidity. >> we sure are, thomas. and one of the things about markets is when you start to get momentum to the downside, it tends to continue until you get what is called a washout. and right now we're not seeing that. and every investment bank on the street is jumping on the bandwagon saying we see oil prices significantly lower. friday alone, i counted five investment banks that all downgraded their price of oil. so that kind of creates a ripple effect. and as a result of that, we came into this session with heavy pressure in the oil market. as olivia mentioned, that's decimating the energy stocks and the commodity stocks alike. and in addition to that, it's creating some geopolitical tensions. iran is going to be allowed to
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export oil and produce oil, but saudi arabia certainly doesn't want to give the upper hand to iran. so they are going to keep pumping oil. so it doesn't look like we have a bottom any time soon. back to you. >> what about the psychological benchmark to continue to hover below 16,000 and get closer potentially to the 15,000 mark. >> right. you know, i think that that is going to be worrisome for two reasons. one one, in the market sell-off, we see a lot of institutions selling. but when we start to reach psychologically important numbers, that's when people start to take a look at the 401(k)s and mutual funds and say, you know what? maybe i should get out at this point. we have yet to see retail selling. but if we breach some of the key levels, you may see the individual investor decide to get out. >> sue, we'll let you get back to work over there with our friends at cnbc. sue herrera, thank you. we turn our attention now to politics. and i want to show you live
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pictures from oral roberts university in tulsa, oklahoma. where any moment we expect donald trump and sarah palin to appear before a large evangelical crowd. the senator is now neck and neck with donald trump in the iowa caucuses. earlier today trump was in iowa where he spent several minutes of his speech attacking ted cruz, in particular about cruz's ties to wall street and the big bank loans. cruz's campaign failed to report to the fec back in 2012. >> goldman sachs owns him. remember that, folks. they own him. and what he did was wrong, because he didn't want you to know that he's dealing with banks that he's borrowing money with banks, that he's personally guaranteeing loans with banks because it puts him down. then he's just like all the other guys. >> we have three reports on the fierce battles facing the republican and democratic
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front-runners in the leadup to the iowa caucuses, just 12 days away. first to kerry sanders. he's live at the rally in tulsa. and kerry, describe the crowd. we saw what happened last night with the combo of trump and palin. talk about what this crowd anticipates today. >> reporter: well, there's about 10,000 people here. the facility here is filled. i had an opportunity to walk around and talk to those trump supporters or those republicans who are not sure about whether they are going to support trump. and they said that, while they like the idea of sarah palin, some of them said they don't like the idea of sarah palin as a vice president. they appreciate her support but there are just as many people that they have spoken to. they don't like sarah palin and fear that this will create some sort of division among voters. one person i spoke to said that, really, what he sees is that there is an establishment gop and a new gop. and he wants the establishment to listen to the new gop. and he says, that's what is
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here. these are the new people. and, of course, the real challenge is whether these people are the ones who will eventually participate in primaries. but the goal of bringing sarah palin which that endorsement, it may be simply to close the gap of those who have been criticizing donald trump, specifically ted cruz, that he's not a true conservative. thomas? >> kerry sanders reporting live in tulsa for us. we'll go to those remarks when they happen. kerry, thank you, sir. now i want to go to chuck todd, moderator of "meet the press" on msnbc and anchor of msnbc's "mtp daily." i was with you last night for a long time. >> yes, you were. >> until you jetted off to do "nightly news" duties. >> i did come back. you can't know it. i was the anchor of -- >> it was riveting. couldn't take your eyes off of it, didn't know what was going to happen. it's that type of electricity the trump campaign has brought all along, but what is the poll
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among republicans for sarah palin, specifically in iowa and the benefit to trump? >> look, i think it's the idea of gathering momentum for him. i'll be honest, i was surprised -- this wasn't the best executed trump event i have seen. i think there was -- what was really well executed was the build-up. but it was -- i don't know, there was something about the venue that wasn't -- it didn't play to the strengths of what you could have done, i think, in that moment. but we'll set that aside. it still was a big moment, a dominant news cycle moment. look, i think she does help him in the tea party world. cruz and him, she's not going to help in the evangelical world, but it's a permission slip for those going back and forth, the top wing of the party who think cruz is a more principle die-hard conservative. trump is more erratic, but sarah palin is okay with him.
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maybe i'm more okay with him. there's true conservativism over him yet that he hopes to exacerbate by next week. >> more importantly, she endorsed ted cruz to win the texas senate seat. they have been friendly politically, so where is the fracture? >> i don't know if it's a fracture. this could be in the case of what is in the best interest of sarah palin. there are all sorts of ways to look at it. but would this be as big of a deal -- if sarah palin endorsed cruz, what would that event look like? or if sarah palin endorses trump, what does that look look? for sarah palin's brand right now, which has been dormant, trump brought her to life. and so trump gave her some electricity she had been lacking. >> you put mentos in the coke bottle to see what happens?
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>> that's right. this could be in the best interest of sarah palin. >> when we look at the new monmouth poll, trump beats cruz by 13 points on the issue with a third saying they are equally as strong. is this a tough weak for cruz to be explaining and not leading over trump? >> he's got to figure out how to get back control. trump is dictating the news cycle more often than he's able to. and i do think that cruz did an effective job last week for a couple days making it about new york values, which while, yes, trump pounded him on it and did a great job on the debate using 9/11 imagery to push back at him, 9/11 -- the new york values line is something that does play well in a place like iowa. frankly, and even in a place like new hampshire. he's got to figure out how to get back there. i think you're going to see they are preparing big hits on him on
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television. i think as the week wears on. but still, trump, you have to be impressed, he does something no other candidates do. we get op-eds all the time from candidates and they say things that they never have the candidate say about the opponent. trump does it himself. that puts fear in other candidates for when going after him. because he's more than willing to put his weight behind an attack back rather than relying on a campaign press release. or even a tv ad. that's what makes him so effective. >> and the media pays attention. >> we are always going to pay attention when a candidate does it. if any candidate would do their own op-ed hits, we would pay more attention. you do less when it's done from a campaign infrastructure. but that goldman sachs ad, that is such a normally -- the rubio campaign would have done it in a press release. never allowing marco rubio to do that. that's the difference between trump and rubio. >> chuck todd, thank you very much. we'll see you tonight at 5:00
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for "mtp daily" right here on msnbc. and this brings us to the bing pulse question for you today, does sarah palin's endorsement help or hurt donald trump? check it out, weigh in, we'll check back on the results shortly. now to political correspondent, steve kornacki, we'll look at the democrats whose establishment candidates are facing a major challenge of her own. >> reporter: this is the other big headline in news today. the other news is trump and palin. by the way, hillary clinton who entered the race on the democratic side seen as the most prolific favorite seen in the modern era of presidential politics. the former first lady, 18 million votes in 2008. there's a new poll out late yesterday that has her down 27 points in new hampshire. 60 to 33 against bernie sanders. there you have it, that's a wmur/cnn poll.
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we should say, there have been a number of polls in new hampshire just since the new year. none of them, none of them have shown a margin this vast, 27 points. this really could be an outliar. in three of the polls, bernie sanders is leading hillary clinton by double digits. it may not be 27 points. we'll find out if we see this result more and more. but bernie sanders is clearly ahead in new hampshire right now. and that nightmare scenario for the clinton campaign, we have been talking about it for a while now, it still looms as the possibility. it looms now as a bigger possibility than ever before. the possibility that she loses first in iowa, the polls in iowa are very tight right now. she might be ahead by a few points right there, but bernie sanders could beat her in iowa. if he beats her in iowa, he heads into friendly waters in new hampshire. follow it up there.
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when you're looking at bernie sanders, a dem cratic socialist, beating hillary clinton would be a major development. >> and an unresolved problem with the dnc right now, the group he wants to represent. >> sure. the whole issue of the database, yes. >> it's amazing how it all plays out. steve kornacki, thank you, sir. appreciate it. following new developments out of michigan and the flint toxic water crisis. at any moment, michigan's governor is going to release e-mails about the issue following a promise he made in the state address last night to focus on the emergency going on there. he committed $28 million to help fix the situation. he tweeted this picture this morning meeting with lawmakers urging them to act on his plan. earlier flint's mayor karen
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weaver was asked about his remarks and said it's a start in the right direction. >> the governor doing that is a good first step because he's going to have to regain trust and confidence. so that's something that is a good start for him. is it enough? no. trust was broken over a period of time. and you don't regain trust within a matter of seconds because a statement was made. >> meanwhile, there's a partnership put together by cher that resulted in 35,000 bottles of water to be delivered to flint today. and my colleague and i spoke to cher this morning. >> it's too little, too late. i don't care, everyone is sorry when they get caught. you know, you need to care before. >> joining me now is dr. eden wells, chief executive director of the health and human services. dr. wells, thank you for being here. we are in the middle of watching this crisis unfold. so what have you been explaining
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to the people of flint to do immediately to protect themselves going forward? >> yes, thank you for having me. you know, really this is going to be a long haul, so there are faces to this response. we have already been on the ground and continue to do so with massive resources to make sure every citizen in flint has access to clean, safe water. filters are the best thing to attach. we do know many people have faucets not perfect for that. so bottled water is very important. >> but earlier, we know this is going to be, obviously, a long-term health problem, especially when it comes to -- what it means for the infrastructure of a water supply to this community. it was earlier this month speaking at the michigan state police emergency operations center. i believe you were quoted in the detroit "free press" saying there were missed opportunities we regret. specifically, what were those missed opportunities? >> when i look at missed
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opportunities, and i've had the chance as well to work with and in partnership with outside colleagues, to look at e-mails and looking back over time. there were -- there were a rough look at the data done in july 2015 at the request of our governor's office. at that time our two analysts, our program folks, took a look at the data. and at that time, the judge was seeing the seasonal effects of lead within the population of the county. and the city. that said, i think if we could go back to do a more robust analysis at that time, there could have been an earlier response if we had been able to do so. >> for lack of a better terms, is there a smoking gun within government about where the buck needs to stop for who's fault
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this is falling on. >> i do public doctoring. and in our world, our patient is our population. so i can only speak about the people that have been working so ha hard, the lead surveillance and many programs within the department. there's a passion for public health and a passion for serving. and i think there's an element of what if we knew then what we know now, you bet. i think many things could have accelerated more quickly. that said, it didn't. i don't think i'm in any point to if place fingers because our role is the same as the governor's. we need to take what we have, move forward and address the needs of our flint population. >> dr. eden wells, thank you very much for joining me. we wish you nothing but the best. >> thank you so much. coming up in our next hour,
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i'll be speaking with the mayor of flint, karen weaver. she met with president obama about the crisis yesterday. we'll have her reaction to the state of the state address by rick snyder last night and much more. then we'll talk about what is taking place for so many people along the eastern seaboard. that's the prep paying faration storm pushing through the midwest today. this not is is just about the forecast. we'll have more after this. valet parking. evening, sir. hello! here's the keys. and, uh, go easy on my ride, mate. hm, wouldn't mind some of that beef wellington... to see how much you could save on car insurance, go to
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sarah palin who endorsed donald trump last night at an event in iowa is expected to be with him there in tulsa. now, palin recently tweeted, trading in the beautiful snow of iowa for the red dirt of oklahoma as planned, despite what the media is trying to spin up. all right, so she was supposed to be, according to a campaign event schedule and an e-mail that went out with donald trump at an event earlier today in iowa. sh she wasn't there. but she's expected to be with him side by side in tulsa. that's despite what the media is saying about that. but back to developing news of what is taking place weatherwise, we have cities across the east coast prepping for the major winter storm that could make history. washington, d.c. expected to be the hardest hit with 18 to 24 inches in the forecast for saturday. the nation's capital hasn't had a storm of 20 inches of snow in 94 years, if you can believe that. so schools in nashville, they are already closed because of
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ice. and the worst, that could potentially be yet to come. gabe gutierrez is an hour and a half northwest of there in hopkinsville, kentucky. tell us what you're seeing on the ground there. >> reporter: thomas, good afternoon. we were actually in nashville this morning and just made the hour and a half drive up here up i-24. and when we saw on the interstates that the roads were treated, we still saw several spinouts on the way here. here in hopkinsville, kentucky, there are three inches of snow overnight. thankfully, precipitation has now moved east. so we're seeing clear skies right now. but as i mentioned in nashville this morning, a very difficult morning commute. there were cars spun out, several traffic accidents. we saw freezing rain. we saw sleet. we saw snow all in the span of just an hour. this storm is impacting a large chunk of the country, even in georgia, several northern counties there are under states of emergency. there was a major accident on
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i-75 near chattanooga near the georgia state line. places like nebraska have seen impacts from this. and, of course, what we are bracing for and much of the country is bracing for is the massive winter storm expected to dump anywhere from one to two feet of snow in parts of the northeast. this area as well is expected to get several inches more snow. but again, a very difficult morning commute here in the tennessee area and kentucky. back to you, thomas. >> gabe gutierrez reporting in kentucky. stay safe. thank you. nbc news meteorologist dylan dryer has been tracking the storm to join me now to talk about what to expect. dylan, you are keeping a close eye on this, what is shaping up? >> we have been watching the the new models come out every six hours. and it's been changing a little bit as far as the timing is concerned, but what gabe was in this morning was a quick clipper system that produces snow from western kentucky, into tennessee and ohio. it's fizzling out as it moves to the east. still slippery in charleston, west virginia, we'll still see snow, but this is not connected
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to the bigger storm we are watching. that's still back through idaho and montana. this is going to dive to the southeast and eventually pick up moisture from the gulf of mexico and then strengthen into that storm we're watching for the midatlantic. there are already winter storm watches in effect across parts of kentucky through west virginia. look at the orange here, washington, d.c. and baltimore under a blizzard watch already being issued, considering that the blizzard-like conditions probably aren't going to happen until friday night and saturday. that is something we have to focus on. but for thursday night we're going to see the storm start to develop down through the gulf coast. still not looking at a whole lot of snow thursday night into friday morning. the snow not yet ramped up. it is going to take through the late morning and early afternoon before the snow files in across parts of virginia. then up to washington, d.c. a mess all day saturday in d.c. then it makes its way up to philadelphia and new york city. boston is right on the borderline. most likely will stay less than six inches. winds get gusty up near 60 miles
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per hour. that could also lead to coastal flooding with the exceptionally high tide saturday morning. i want to show you two different models here. the american model still has the bull's-eye of two or more feet of snow possible in washington, d.c. in new york city, we're looking at a foot. same in philadelphia and the european model still puts three feet of snow back through parts of the appalachians. so there's a lot that's going to happen the next couple of days with the models, and thomas, we'll be watching it all. >> dylan dryer, appreciate it. we have developing news from germany right now where a freed journalist jason rezaian is making his first public appearance and releasing a statement about life after being imprisoned in iran. we'll take you live there after this.
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jason rezaian made a brief appearance outside the hospital. he didn't speak to the media but he made a statement saying he's fine. while he wants to get back to work, he wants to catch up on what has been going on in the world, watch a warriors game or two and see the "star wars" movie. can't blame him. rezaian was among the five released by iran after the u.s. dropped charges against seven iranians. up next, we'll return our focus to the race for 2016 and have trump versus cruz, both battling for the heart of the evangelical vote. can trump woe them away securely? and bill clinton back out on the trail. is he the secret weapon hillary clinton needs to gain ground she lost in new hampshire? those stories and more after a quick break. ♪jake reese, "day to feel alive"♪
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trump to be at this rally along with his new friend and pal on the campaign trail, a woman he got the endorsement from last night for president, sarah palin. and as we await donald trump, i want to talk about ted cruz. the biggest rival for donald trump in iowa. and it really hasn't been the best week for the cruz campaign. and it's only wednesday. the texas senator has lost the endorsement of sarah palin, earned the anti-endorsement of iowa's popular governor, republican terry branstad. and this just 12 days until the iowa caucuses where cruz is in a tight race versus trump. trump drew a line between the birther and the bank loan controversies that have also embroiled the texas senator. take a listen. >> and he said, with being a canadian citizen, he said, oh, i didn't know that. how did he not know that? then he said, with the loans, oh, i didn't know that. smart guy. he doesn't know that? yeah. that's worse than hillary when you think about it.
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>> bob vander plaats is a surrogate for the cruz campaign and is the president and ceo of the family leader. bob, good to see you. >> good to see you, thomas. >> and so we are waiting for donald trump in this rally, but a lot of important information to talk about for ted cruz and his campaign as we look at the monmouth university poll. is ted cruz a natural born citizen? two-thirds say yes but one-third is unsure or say no. have donald trump's comments pushed the argument too far and damaged your candidate with iowa conservatives? >> well, i think what is interesting, thomas, donald trump said ted cruz is qualified to be president and to run for president back in september. the poll numbers changed and then trump makes this a big issue. the people in iowa where the caucus will be held 12 days from now, they have made up their mind on this issue. they see ted cruz as totally qualified to run for president. they see him as a consistent
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conservative champion of our values. and that's why it's a neck-and-neck race right now. so 12 days, it should be a lot of fun heading down the homestretch. >> this is something you're really familiar with because your endorsement for rick santorum helped him win iowa the last time around. mike huckabee before that. so it seems like you know the folks in iowa really well. but what do you think about what the republican governor, terry branstad, said about your candidate, that it would be damaging to iowa if they were to caucus for ted cruz and let him win? >> i don't think that's speaking well for iowa or the iowa caucuses, or it doesn't speak well for governor branstad either. when iowans look deeper, they will seer i c that eric bransta on the hatchet list to take down ted cruz. now he says to take down ted
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cruz. terry branstad at the end of the day is a big conservative. and a principle conservative like ted cruz concerns him. so he doesn't want to see ted cruz out of iowa. quite frankly, that could help him and be an argument to help ted cruz. saying he's such a principled conservative that the establishment is pulling out all the stops to stop him. that the people want real change in d.c. and that's what they will get with ted cruz. and i look for ted cruz to be successful on caucus night in spite of governor branstad's remarks. >> but that insider political cronyism that you're talking about right now, like the dynamic and what it is there in iowa against ted cruz, that's the -- the words, the language sarah palin was selling last night for why she is supporting donald trump to be president. why she wants to be influential in iowa. we have the leader of the super pac supporting ted cruz, framing the endorsement of sarah palin
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to trump. he's a thrice-married non-churchgoing billionaire and she gives him credibility with conservative women. it's a positive. are you surprised sarah palin endorsed donald trump over ted cruz? >> the reaction we received is a lot of people being confused and surprised by the sarah palin endorsement. but at the end of the day it comes down to donald trump and ted cruz. i think sarah palin is trying to provide cover to donald trump and the values, where a guy like dr. james dobson, the national organization for marriage, and myself, we're trying to embrace and celebrate the values of ted cruz. ted cruz has been a consistent conservative. that's what he's going to bring to d.c. and why people trust ted cruz to be their next president. >> and when it comes down to it, though, and we still have a long way to go beyond iowa as well, bob, if donald trump is the ultimate nominee, are you secure with supporting him beyond the
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primaries? >> i believe what's going to happen is that regardless of who is the nominee, ted cruz or donald trump, i think it is down to those two guys, everybody is going to be on the same team to defeat hillary clinton. but i do believe iowa is so important that if cruz wins iowa, it is definitely game on. and donald trump can downplay the win or downplay the loss in iowa, but he knows, too, he needs to win iowa. and i think it's going to be a neck-and-neck race. i happen to like our chances a great deal. i have been to this rodeo before. i think ted cruz is well positioned to be successful on february 1. >> bob vander plaats, thank you for joining me. appreciate your time. >> thank you, thomas. today's pulse question is about sarah palin's endorsement of donald trump. take a look, does sarah palin's endorsement help or hurt him? the pulse has been live for 40 minutes. roughly 63% feel it does help. 37% say that it will hurt. the pulse remains live, check it out.
10:40 am more results later in the show. to the left now, we see bill clinton back in new hampshire today campaigning for his wife hillary. it's the former president's third trip to the granite state during the 2016 election cycle. and he plans to speak about why his wife is the best prepared candidate to serve as commander in chief. >> after years of working with hillary and praising her to the heavens, she all of a sudden became the embodiment of all evil. she's the best change-maker running. she's the best qualified person to be president, running to do the whole job. >> so the clinton campaign is hoping for a boost from the former president as a new poll shows that senator bernie sanders on the rise ahead of the new hampshire democratic primary. joining me from washington, alex sideswall, we'll talk about how the president is to be taken
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serious seriously, but the latest poll shows the uphill climb. >> i don't think anybody in either campaign thinks that's quite right, but they do believe bernie sanders is ahead in new hampshire. and what they are trying to do with bill clinton is a couple things. number one, he's one of the most popular candidates in the country. very well respected and regarded by the democratic base. so you get the enthusiasm bump by bill clinton out there in the field. that's something clinton has suffered from in the face of bernie sanders. meanwhile, bill clinton is uniquely qualified to talk about hillary clinton. number one, as a wife, as a mother, as a person, which hillary clinton herself sometimes has difficult getting across. and number two, he's uniquely qualified to talk about her as potential president, having served in the role himself. so today earlier in nashville he
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talked about who could win the general election going up republicans and bill clinton having served in the white house, he says it's hillary clinton and hoping that with that credibility he has with the democratic base, people on the fence deciding between bernie sanders and hillary clinton, and they are both very well liked by the democratic base, he's hoping that with his validation he can push the voter over the edge to pull the lever for hillary clinton. trusting that she'll be better going up against republicans in november. >> and we're looking on the left-hand side of the screen, alex, at the president wrapping up his speech, talking with folks in concord, going through the crowd shaking hands. and, of course, taking selfies with the folks who are asking. alex seitz-wald, appreciate it. developing news out of detroit, 90 of the city's 100 schools are closed due to teacher sickouts. what are the teachers calling for? we'll take you live to detroit, next. into a new american century. born with a hunger to fly and a passion to build something better.
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we have been following a lot of stories out of michigan, and now nearly 90 out of 100 schools are closed due to teacher sickouts. it's timed to president obama's arrival to the detroit auto show. this morning dozens of teachers rallied outside the site of the auto hall. teachers have even taken to social media posting conditions of their schools, just to prove how run down they really are. blake mccoy is live in detroit for us. blake, let's get down to it, the heart of the dispute is what? >> reporter: well, the heart of this dispute, thomas, the school behind me illustrates it perfectly. on the outside it looks old and run down, but inside, take a look at what students are seeing every day. their conditions that parents and teachers say are downright dangerous. holes left open in the ceilings meaning when it rains or snows,
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ceiling tiles start to fall in on the classrooms. mice and rats and the gym floor completely torn up. and underneath they fold mold under that gym floor. they have had to close off the gym completely while leaving the rest of the school open. all of these reasons are why teachers say they don't want to be in the buildings anymore and it is time to cough up the money to fix them. take a listen. >> we have to do something. we have to advocate for our children. and whatever the consequences are, we're going to have to deal with it. this is black mold. this is black mold and our children are in that building breathing in day in and day out. our children with asthma, we talk about them at home, they are at home because during the day they are sick because of this. >> reporter: this is the second week of sickouts for the detroit public schools. today is by far the largest coinciding with president obama's visit here. what these teachers want first and foremost is to have control
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of their school district return to the local level. right now there's an emergency administrator appointed by the governor running this district for years. they say completely doing an inproper job and want money to fix the delapitated classrooms. we have new video of the president arriving there in michigan. he's in that state to visit the annual auto show that takes place in detroit. olivia sterns looks at the state of the auto industry coming up next. it's how i try to live... how i stay active. so i need nutrition... that won't weigh me down. for the nutrition you want without the calories you don't... try boost® 100 calories. each delicious snack size drink gives you... 25 vitamins and minerals and 10 grams of protein. so it's big in nutrition and small in calories.
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okay. so just wanted to keep you posted. we are still waiting for the trump rally to take place in tulsa, oklahoma. was supposed to start at the top of the hour with donald trump and sarah palin in tow. roughly about 10,000 people are there at the university waiting
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for the pair at this rally. we'll keep you posted when they arrive. one thing that we have been watching and we can con frirm is that the president has arrived in detroit. that is the site of the international auto show. it's part of the administration's effort to highlight what he says is the creation of 640,000 new jobs since the rescue and record level of car sales in 2016 and part of when's driving the sales is low gas prices. national gas average is $1.87. but it is not just about the gas. there's also a tech evolution under way right now with cars. and with more on that i want to bring in msnbc business and tech correspondent olivia sterns. olivia? >> thank you. i'm joined by the editor in chief of the tech website the verge. eli, thank you so much for coming in today. the president arrived in detroit. sort of there to take a victory lap, right? he saved the auto industry in the height of the crisis.
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i thought car sales were up because we had more jobs and $2 gas. you say it's technology. why? >> i think it's a big piece of it. short term, inside of the car is much more tech focused. it's connecting the phone, becoming an extension of the phone and long term what you are seeing is self driving cars and car sharing that are turning them into robots that show you entertainment as you move around. >> reshaping the landscape of the auto industry is millennials, people born after 1980, they want to lease a car and not buy a car. how's that impacting? >> millennials, used to phones, technology. they live in upgrade culture f. you buy a big piece of technology, you want the latest ones in a couple of years and a firm belief that a company like uber to send you a robot to your door and if you believe that in your heart you don't want to be locked in a car for five or ten years and i think there's a big bet on the future happening and people need a car and don't want
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to be locked in forever. >> general motors with $500 million for a stake in lyft, also a ride sharing app. why does that make sense? >> they're all bet ogen the same few churl which is eventually the cars drive themselves. eventually you won't have one in the driveway all the time. you'll push a button. one that you own with your buddies or family show up or with a lot of people show up and that's the big bet i think 2020, 2030 car ownership will change dramatically. >> ford is taking a big bet on this. that actually instead of a zip car, buying or leasing them, going to buy a car and share it. >> ford is trialing a program where up to six people who aren't related lease a car today and ford announced that they're going to have up to 30
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self-driving test cars on the road. more than anybody but google. they have like 53. you see there's a lot of interest in high-tech companies like tesla, uber. but the original traditional carmakers know this is the future. >> they were at the consumer electronics show and the last quick question. the debut of an all-electric car, they say it will rival tesla. do you agree? >> they announced a lot of nothing. a new platform and billion dollar factory to build in nevada. and their future vision is interesting. it's an entertainment company. netflix of china and the bet to get into the self-driving car and show you custom entertainment so movie theater on wheels. that's a far look at the future. >> so much better than a drive-in. thank you so much. the editor in chief of the verge. back to you. >> if i get a tesla, i'm not sharing it. >> we might as watch a movie. you're not driving it.
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>> not sharing my friends or neighbors. >> i agree. >> thank you so much. we'll look at the markets together and take a peek right now watching the fluctuation currently down over 375 points. we're going to tell you what is driving the market south today. what it means for your personal finances. and then in politics, we've got donald trump ready to speak to about 10,000 people at oral roberts university. any minute now, sarah palin with him. they're supposed to be roughly 50 minutes ago. what's holding them up? we'll figure that out and then also dive deep on whether or not palin is actually going to help the republican front-runner secure iowa. and then we go to new hampshire and the new poll there showing that bernie sanders has the largest lead he's ever had over hillary clinton. looking at what else that poll has to say. that's the next hour.
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we start this hour with breaking news. we have been watching the markets today and it's a dramatic drop from wall street where we have the dow that is down roughly over 374 points. and there have been moments through this day where it's dipped lower than 500 points. few times. so what's at the center of the dive? apparently oil prices at the lowest level more than a decade. covering this story from many different angles. right to olivia sterns, business and tech correspondent, watching this. we were watching this as we rolled out last week of the tough sell on the marketplace. and now, this week, after the long holiday weekend, people were expected to come back, maybe rejuvenated, interested in buying and seeing a selloff midweek. >> exactly. the panic appears to be back. subpoena and dow here in the u.s. are trading basically where they were in february 2014. that is in correction territory and the stock market fallen 10% or more from the most recent
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peak. we are down about 380 and it's better and still a blood bath with the dow well below 16,000. there's no one specific reason, one specific thing stoking concern in the market and that is actually part of the problem. there's just a lot of uncertainty out there and the thing that markets like least. that said, a few things traders are focused on. number one, china. seen a huge selloff in chinese equities there across europe and asia. the ftse in bear territory today. also the nikkei in japan. that fell into bear territory. so there's been a global correction to stock and spooking investors and incredible plunge in the price of oil. down 7% today, thomas. that is a huge move. i don't know if we can pull it up. it's trading right now below $27 per barrel. you can now buy two gallons of
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milk, that's crazy. the final factor is the fed started to raise rates. every time the markets wobble and sell off a little bit, there's the price of crude down just over 7%. janet yellen, bernanke before her saying, no, no. we'll keep rates lower for longer. not happening anymore because we started to raise rates for the first time in a decade. thomas? >> thank you very much. we'll go over to dominic chu who's markets reporter for cnbc. is this a simple case of what goes up must go down? >> you know, thomas, it is interesting you guys bring this up. the selling pressure throughout the course of 2016 has been pretty widespread. so there's not one sector that's immune to the whole thing and a lot of traders do won't pout this idea we have been in the better part of a bull run since the lows during the spring of 2009. generally speaking, we have seen pullbacks of this kind of level
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during that run higher. but there's a sense right now that we have had a very long run, a very nice set of gains and now could be one of those times where if you have profits they're maybe worth taking a reason why some traders believe that there could be a change in trend in the works. obviously, thomas, nobody can predict the future but oil is playing a huge part in this market here. it was at least oil stocks in general, the big ones like the exxonmobils and the chevrons of the world, they took some of the biggest beatings as a group as a sector last year. that trend continues now so oil even though it's maybe not the biggest part of the u.s. economy, it's still a big role and affecting all kinds of companies that depend on it, industrial companies that transport it, people that make the pipes, thomas, a big part of the overall story. but right now, it seem that is the markets do not like that kind of uncertainty and are at least taking some of that risk off the table and that's the
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reason why you're seeing the action you are seeing, thomas. >> just a few minutes that we've been speaking down about 40 points. cnbc's dominic chu, thank you, sir. we return attention to the campaign trail and 2016 with the momentum building around donald trump and his campaign. any moment now the republican front uner is scheduled to appear there at a rally in tulsa, oklahoma, alongside sarah palin. sarah palin endorsed ted cruz you might remember in 2012 for the texas senate seat. but now, after last night appearing with trump, she is for him. now, this was a big moment last night in iowa. but take a look at this. it's new national polling number showing trump with a commanding lead, double that of ted cruz. however, with the polls much closer in the first in the nation state of iowa and the caucus, trump spent a good portion of the day hammering away at ted cruz. take a listen.
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>> goldman sachs owns him. remember that, folks. they own him. what he did was wrong because he didn't want you to know that he's dealing with banks that he's borrowing money with banks, that he's personally guaranteeing loans with banks because they put him down, he's like all the other guys. >> in an interview today with bloomberg politics, jeb bush tried to tap the brakes on all the hoopla over the sarah palin endorsement. >> if someone's looking far committed conservative, consistently so that's acted on their core beliefs, across the spectrum of conservative policy, i'm their guy. donald trump isn't. he's not a conservative. that's laughable. i mean, really? >> we have three reports on the state of the republican race with 12 days until the iowa caucuses. i want to begin with nbc's kerry sanders in tulsa, oklahoma. kerry, talk about what the hold-up is.
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we were expecting to see trump and palin at the top of the hour. >> reporter: some point a crowd gets tired of waiting. about 10,000 people here in oral roberts university. they have heard this soundtrack over and over and over. they have been here for several hours now. waiting for donald trump and sarah palin to come in. and so, actually, during one of the songs a few minutes ago people started to boo when it was "hay jude." the whole goal -- i know it caught me off guard. it's a united front here to talk about whether donald trump because he's been asked repeatedly by donald trump -- i hear some cheering right now. whether he is a true conservative or not. sarah palin may shore that up but with some of the people i spoke with here who have gathered the evangelical voters, those supporters of trump say while they may appreciate sarah palin somebody who endorses donald trump, they're not fully
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in support of the idea that immediately comes to mind of whether she might join donald trump ticket if he were to get the nomination. and, quite frankly, some people outspoken here saying they don't like palin, what she represents and done in the past. and so, it's really a non-plus for them. challenging them, does the sarah palin endorsement in any way impact your support for donald trump? they say, no. so, if this is a calculation i think the experts would say that sarah palin may bring some people into the tent but it didn't look like she's driving by conversations here driving them out of the tent. thomas? >> so, kerry, the last time we spoke "tiny dancer" was playing and now "rocket man." elton john is a big theme for the crowd. >> reporter: it's a collective. we had phantom of the opera for a while here. >> okay. we can imagine why they want them to only out.
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hungry and over the soundtrack. thanks. for more on the sarah palin effect, now nbc's kelly o'donnell at the white house, covered many campaigns, specifically the mccain-palin campaign in '08. talk about the advantages here, kelly, a palin endorsement brings to a campaign like that of donald trump. >> reporter: donald trump talks about winning and on this point he can claim that he won the endorsement of someone who remains popular with a narrow group of conservatives. broadly, she's taken some of her shots over the years and there are people who will point out of sarah palin's flaws and there are some voters turned off by trump selecting her. with a certain group of conservatives, she has been a leader that they trust and enjoy seeing and it brings an energy to his campaign. he's owned the media cycle for 24 hours. and so, on those points, it's good for trump. now, like the businessman he is, a business deal always has two sides and for palin she, too, is
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being able to jump back in to a relevant mode in politics. she hasn't been there in a while and she gets to get some of the reflected glory of this trump season we have been in. but it also for trump in that competition for a specific group of voters against ted cruz to have someone who has been supportive of cruz, as palin has, saying she chooses trump. if for nothing else than the simple advantage of saying trump has palin and that's a victory. that may be enough. looking ahead to things of who would be on the ticket and in the cabinet or any of those things seem very premature. this is about the moment two weeks before the caucuses when trump needed a little help and palin brought her kind of attention and energy and that's really her value in this case. there are specific voters that listen to her and he now has her on his side. thomas? >> we see donald trump walking on the stage right now. real quickly before he begins, is this bigger boost of the arm
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to a sarah palin than it is a donald trump? >> reporter: i think arguably it could be. because it allows her to be reintroduced to many people around the country and to have kind of a turn of the page. she can raise money for her own political action committee and been on television for 24 hours straight. for sarah palin, that's a plus. for trump, all those points we have talked about he gets to say she is on his team. >> kelly o'donnell at the white house, thank you so much. donald trump began saying wow, unbelievable, i love you. here he is speaking to the folks, 10,000, at the oral roberts university. take a listen. >> we had a little thing we thought maybe a thousand people. i did it for a friend of mine. i came in and they had a thousand and then announced 5,000 and then 10,000. it was four days they had 25,000 people last time. you remember that. amazing. oklahoma's amazing. >> love you! >> so i just want to introduce somebody very quickly, very
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special person, a wonderful person. and then i'm going to come right back and we're going to have fun today. we're going to have fun! we're going to have so much fun. we're going to talk about how great our country will be. we are right now a mess. but we're going to make it great again. so, she's a really great friend and she called and she just -- she just wanted to help. and she knows all about making things great. everybody wanted her endorsement. she said, what you're doing, donald, is amazing. it's a movement. and it is a movement. it's a movement. and we are going to talk about it. ladies and gentlemen, governor sarah palin! . thank you. >> thank you!
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thank you so much, oklahoma! it is so good to be here! so good to be here where your state motto being work conquers all. are you all ready to work to make america great again? you ready to elect the great next president of the united states of america donald j. trump? well, good. because it is going to take all of us, all of us working together in this. and you all have a responsibility. we all have a role to play in this. and truly, electing someone who will let us make america great again. you hard working americans, you patriots. you who know that -- >> unfortunately, we lost the feed there with sarah palin who was on the stage there at oral
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roberts university. she just welcomed on the stage by donald trump. we'll work on re-establishing that feed and take you back there for her speech. but one of the things we have been talking to you about today is whether or not her endorsement of donald trump is really going to help or hurt. so that was our pulse question for the day. and this is it. does her endorsement help or hurt donald trump? 67% of you say, yes. 33% of you say it will hurt. a majority says it helps. is it going to be what donald trump needs to secure the state of iowa as we ramp up 12 days to go for the iowa caucuses? let's go back. we were able to re-establish that shot from tulsa, oklahoma. >> over the last seven, eight years, have gotten us into the mess that we're in. we need -- we need to elect a commander in chief who will respect our troops.
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a commander in chief -- a commander in chief who understands that we as americans, you here in oklahoma especially, you love your freedom and when you love your freedom you thank a vet. you thank a vet. and then you realize that our vets deserve a commander in chief who will let them do their job and go kick isis ass. [ cheer and applause ] [ chanting usa ]
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our vets and you deserve a commander in chief who will respect what it is that our forces go through and would never leave them behind. a commander in chief who would never lie to the families of the fallen. when i talk about a commander in chief who will never leave our men and women behind, let me get a little bit personal on this. i'm talking about not leaving our wounded warriors behind, also. our wounded warriors who come home from the battlefield bringing new battles with them. our wounded warriors, some times in body and in mind, coming back different than when they left for the war zone. i can talk personally about this. i guess it's kind of an elephant
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in the room because my own family going through what we're going through today with my son, a combat vet, having served in a striker brigade fighting for you all america in the war zone. [ cheering ] but my son like so many others, they come back a bit different. they come back hardened. they come back wondering if there is that respect for what it is that their fellow soldiers and airmen and every other member of the military, so sacrificially, have given to this country. that starts from the top. it's a shame that our military personnel even have to wonder, if they have to question if they're respected anymore. it starts from the top. the question, though, that comes from our own president where they have to look at him and wonder, do you know what we go through? do you know what we're trying to do to secure america? and to secure the freedoms that
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have been bequeathed us. so when my own son is going through what he goes through coming back, i can certainly relate with other families who kind of feel these ramifications of some ptsd and the woundedness that our soldiers do return with and it makes me realize more than ever it is now or never for the sake of america's finest that we have that commander in chief who will respect them and honor them! in fact, not ten minutes ago i was handed a military coin from one of your great residents here. a young man who is retiring from the military. and on the coin it says -- we're a brotherhood that only a few can understand. i know that you understand. so, oklahoma, we need to spend -- you need to share the message with the rest of
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america. and when you go to vote in your primary, march 1st, you can make it a super tuesday for the rest of america by leading the way. with the vote for the next commander who will respect our troops, who will give them what they are deserving. and who will treat our vets better than illegal immigrants in america. [ applause ] well, we are in this together. and we're in it because just last week we saw our sailors suffer and be humiliated at the hands of iranian captors where we were made to apologize and why was that? it's because of a weak-kneed capitulator in chief who doesn't know how to negotiate.
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and he has decided that, well, from now on america is going to lead from behind. what the enemy was doing was sending a message to the rest of the world and that message they tried to send was that, oh, they will capture and america will kowtow and america will apologize and then in the deal we will bend over and then say thank you. what a deal. only one candidate has that proven record of success where he masters the art of the deal. he is beholden to know one but we the people. he's beholden to only doing the right thing and he's perfectly positioned to make america great again. are you ready for that, oklahoma? are you ready to see the change? [ cheering ]
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like i said yesterday in iowa, no more pussyfooting around! it is time! you deserve the best. now, our candidate, he is from the private sector. he's not a politician and here is where you say hallelujah! in the private sector where you actually have to balance budgets in order to prioritize, to keep the main thing the main thing, your candidate know that is the federal government's main thing is to keep us safe, to keep us secure economically and militarily. and he's the one who knows how to lead the charge. are you ready for a commander who will allow us to make america great as he leads the charge for us? [ cheering ] are you ready to finally secure
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our borders so that we can secure our homes and our jobs? [ cheering ] are you ready to stump for trump? i'm here to support the next president of the united states of america. now, eight years ago i had warned that obama's promise fundame fundamentally transformation of obama was to take more from you and leave america weaker on the national stage and it's one promise that obama kept but he didn't do it alone. he didn't do it alone. and the beauty of trump's candidacy is he has exposed, not just the tragedy of that transformation, but also, the complicity of both sides of the aisle that has enabled this transformation. he has revealed the system which really is the permanent
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political class that is doing the bidding for their campaign donor class. that's leaving us out. that's leaving the average hard working joe six pack american, that's leaving us out. now, that campaign donor class, what they need somebody to bid for and has happened these last seven years is to keep our borders open for their cheap foreign labor. and it's also -- it's to bloat the budgets so that the crony capitalists, their friends, can suck from those budgets. and it's those lousy trade deals that our own establishment has approved, has sanctioned that gut america's industry and it shoos jobs offshore. his candidacy, trump's candidacy, this movement, this force, this strategy proves
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that, shoot, as long as that establishment, as long as they get to keep their titles and the perks in d.c. and their media ratings, they don't really care who wins elections. believe me on this. i've kind of been there and i see how they treat those who go rogue like mr. trump does in order to do the right thing. [ cheering ] you want to know proof of that? even today the gop machine, they're attacking their own front-runner and his base of dynamic, diverse, very patriotic supporters. they're attacking you. because they can't afford for the status quo to go. otherwise, the gravy train, it stops and they can't keep slurping from it. not if things change the way that mr. trump and all of we know needs to change.
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he -- [ cheering ] he is the candidate that has the power and is in the position to bust that up. and to make those changes that many of our own candidates that we work so hard to get elected and then send them to d.c. they promise to do but then they get to d.c. and they don't even try to do it because they're beholden to one another. that's the beauty of trump's candida candidacy, the way he goes rogue, we can trust things will be different when he's elected. it is funny to be here in oklahoma. the land of red dirt. you know? with your red bud trees. and here we got a redhead from the big red apple running for president, and yet, the gop machine all of a sudden, they're saying, we're not red enough. we're not conservative enough. and i say, what in the world do
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they know about conservatism? is it conservative to hand barack obama a blank check every year to fund obamacare? and planned parenthood? and to keep those borders open so that imlegal immigrants compete for our jobs? is it conservative to watch these safety nets turn into hammocks for people, many who just choose not to work? is it conservative to allow, again, illegal immigration to produce millions of new future democrat voters? that's not conservative. and is it conservative to bequeath our children trillions in new debt, trillions that they'll never be able to pay off? and is it conservative to not fight back for our solvency and our sovereignty?
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they now are concerned about ideological purity? since when? we're not red enough. not every conservative has had the guts to talk about the real issues that are needing to be discussed and debated. our candidate is ballsy enough to get out there and put those issues on the table. the issues that a lot of other candidates have wanted to duck and run from. [ cheers and applause ] donald trump, he's talked about the issues that matter. the issues that you and i talk about and are concerned about. whereas there are some others who, nope, instead of wanting to talk about the tough issues, they wear political correctness like a suicide vest. it's so important that these big issues are finally debated and that's another refreshing thing about this candidacy because
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this election, it's not just your basic abcs. anybody but clinton. not this time. it's even more than that. when we're talking about a nation without borders, a bankrupt federal government, no more reagan-esque power through strength. then we're talking about our very existence here, friends. they who say, oh, but now all of a sudden this base of support, they sound angry. i say, doggone right we're angry. and justifiably so! they're telling us we need to just chill. and i say, they're stomping on our neck an they're telling us, just chill? no, we won't chill. in fact, it is time to drill, baby, drill down on what's going on and hold them accountable.
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are you ready to elect someone with the willingness and the ability to make that change that we need to change out that establishment? and put you back in charge to take back our country? oklahoma, are you ready to take back our country? [ cheering and applause ] well, our candidate is a leader. he has spent his life truly there even though, yeah, he's a multi-billionaire and not that there's anything wrong with that but self-made success so we don't envy that success. in fact, we root him on. because he roots us on. he says to us, he says, i worked very, very hard and i've been successful. hugely successful, he says. and he says, and i want you to be successful, too. so we root him on because he's
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the proponent of equal opportunity to work and where but oklahoma would you guys appreciate that more with your state motto knowing that work conquers all. he will put you back to work. [ cheering ] he has spent his life looking up and being optimistic and building big things, big things that touch the sky. infrastructure that puts people to work. he has spent his life building up this success. so, his power, when he's in d.c. it's not going to come off of opium. being high off opium. other people's money. that opm that other dopes in washington sure get high off because they take it from you and then they distribute that other people's money. that's not trump. trump's, his power, if you will,
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his passion is the fabric of america. it is work ethic and dreams and drive and faith in the almighty. and that is america. are you ready to share in that again, oklahoma? [ cheering ] the unifying values that he has and that he'll share more about with you all, his unifying values, well, they reach from big cities and tiny towns, from big mountain states to the big apple, and the big beautiful heartland in between. he finally is the candidate that we can count on to be the president for all americans. and not divide and not race bait. and not think that because you live in one zip code or you're of one color or you are of one economic class that you're any different than any other american. he is for equality.
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i want you -- i want you knowing that the only thing standing in between you and hearing from the next president of the united states is me so i'll get out of your way but i want you -- i want you to try to picture this, oklahoma. exactly one year from today former president barack obama -- former -- [ cheering ] he is going to be packing up the selfie sticks and packing up the teleprompters and the greek columns and all that hopey changey stuff and he's going to head back to chicago where he can look for some community to organize again. but from there, he'll finally be able to also look up and when he looks up over his head he's
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going to see that shining, touring trump tower because, yes, barack, trump built that and that says a lot about our next candidate who will be the next president of the united states of america. donald j. trump! god bless you, oklahoma. god bless the united states of america. god bless you guys. ♪ there's a fire starting >> all right. so we have been watching sarah palin here at a rally in tulsa, oklahoma. she was introduced by donald trump where he came out briefly and then introduced sarah palin. sarah palin now introducing donald trump to speak to this rowdy house of about 10,000 there in tulsa. the two were in iowa earlier today and then traveled on to this event in tulsa, oklahoma,
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at oral roberts university. steve kornacki, msnbc political reporter and anchor has been watching this with me. steve, what strikes you about the message? i think all of us watching last night found many of the same themes, many of the same sentences she delivered in iowa here in tulsa and also a different tone about the elephant in the room. >> well, yes. the news here and i think people are going to be trying to sort of parse what exactly she was trying to say. the elephant in the room referring the arrest last night of her son track. she seemed to be -- she introduced that in the context of the condemnation of obama administration's treatment of returning troops. she said in the speech that her son returned hardened. that was her word. hardened and different from the experience and saying by implication and she seemed to be suggesting by implication that
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the president's neglect of veterans something to do with her son's situation. >> yeah. she tried to make the connection for vets and ptsd. her son was arrested and charged with interfering a domestic violence issue. possession of a firearm which was an ar-15 rifle, an assault on his girlfriend. we'll go back now and listen to donald trump. >> i love you, too, even though you're a guy. even though he's a guy i love him. i don't care. we have a big day, march 1st. you have to get out and vote. you have to get out and vote. you know, if you don't vote we're just wasting time. we're just all wasting time. i was saying this morning, i got a call from a really great reporter. liberal. somebody i actually respect. you know? we don't always respect that side. and he said to me, how does it feel -- this was three months ago. the summer was all trump. how does it feel? we have a movement going on, folks. we have a movement.
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this is not -- this is not a normal situation. people are sick and tired and fed up and, yes, we're angry. we are angry. and said how does it feel? i said, how does what feel? what you have done. it's never been done in politics before. what we have created altogether. because it's we. it's not me. what you have done, it's never been done. he said it's summer of trump. they wrote articles. summer of trump. i said what i've done is nothing because if we don't win it's nothing. he said you're wrong. no matter what happens, if you win or lose, what you have done is changed the landscape of campaigning and the whole dialogue. i said, trust me. if i don't win -- i'm not talking about primaries. i'm talking about winning the presidency for you. for you. it all doesn't matter. okay? it all doesn't matter. it -- [ chanting ] thank you.
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so nice. thank you. that's so nice. but it really doesn't matter because what are we going to do? look back. some nice rallies, a lot of people. by the way, we have by far the most people. not even a contest. about two weeks ago we had a rally. i had 12,000 people. by the way, today you have like 20,000. they had to send 7,000 people away. we had to send 7,000 people away. meaning i'm coming back to oklahoma. i have to take care of the 7,000 people. i feel guilty. can you imagine this whole arena packed and we are sending people away? we have by far the biggest crowds. so -- i love you. i love you! [ cheering ] beautiful. it's beautiful. it is beautiful. but we had a case where sanders,
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can you imagine this guy? socialist/communist is doing well. [ booing ] no, no. he's beating hillary clinton. can you believe this? this guy. he's a whack job. a whack-o. he's beating hillary clinton. oh boy. i tell you what. i really want to run against her but i really would like to run against bernie sanders, too. wants to bring your taxes 90%. does anybody here mind paying 90% in tax because that's what bernie wants to do? so i have to be careful. i don't know if i say really bad i might end up with her. you know? i think i probably helped him a lot recently. when's that? get him out of here. go ahead. get him out of here. get him out of here. oh. all right. get out of here, kid.
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well. what's more fun than a trump rally, right? huh? get him out of here. out. out. thank you. he's not going to mess around with that guard. you go ahead. get him out. thank you. go ahead. thank you. come on. let's go. see? he wants to be politically correct. this isn't the old days. one person. and what happens is they'll be talking about, oh, there were tremendous protests. this is one person. but i like it. i like -- i hope they do a couple more today because the only way those cameras which are crooked as hell will ever turn
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to show this packed arena with 15,000 people is if we have a protester. right? so i love protesters. you know, i have been telling these cameras for a long time, turn around. go ahead. show the arena. i go home. my wife will say often, she'll say, many people? i said, we had 20,000 people in dallas. we had 35,000 people in mobile, alabama. my wife will say, were there many people there? because the cameras never show the crowds. they never show the crowds. telling you. they never show the crowds. look at the cameras. they're straight on. they don't show the crowds. the only time they show is when we have a protester. look at them. they are disgusting, folks. disgusting. 0 go ahead.
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turn the cameras. turn the cameras. turn the cameras. they don't move the cameras. you know why they don't move the cameras? because they're dishonest. i won't say it. no. they're dishonest people. they really are. they're totally dishonest people. the only time they move the camera is when there's protester because, you know, they make us look a little bad they think. i love protest eers because why don't we have a protester in the top of the rafters that are packed? i never thought the cameras moved. it's amazing. i thought they were fixed. what do i know? we have a protester and they're like bent like a pretzel trying to get the protester. no. they're bad guys. take a look. you won't see it. you'll go home. say, what a crowd. see trump's face. just trump's face. now, i will tell you this.
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you hear from roar. you say, man, that's a lot of people. okay? but we have a packed house. [ applause ] amazing. wow. amazing. so i was going to tell you. so sanders had 3,000 people. i had 12,000 people. and they cover sanders in the press and they say, oh, he was packed. he had thousands of people. he had 3,000 people. i had 12,000 people the same day. they don't say anything. they don't say it. isn't that amazing? they don't say anything. oh, good old bernie. bernie will be fun. i don't know if hillary's going to make it with the voters, may not make it legally. she may not make it legally. got a problem. i mean, look at petraeus. good guy. made a mistake. by the way, leave the guy alone. don't demote -- they want to
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demote him. take away -- leave petraeus alone. right? enough already. enough. they've gone after him. they've destroyed him. yet hillary's flying safe and she did 100 times worse than what he did. and you notice how positive she is about the president? you know why, right? you know why. because she wants to stay out of the clink, that's why. okay? believe me. that's why. she's 100 -- i mean, every single thing. oh, the president's wonderful. she never thought the president was wonderful before. she couldn't stand the president and, frankly, he couldn't stand her. now all of a sudden he's wonderful, wonderful. it's very simple. she wants to make sure she gets through this thing and he does have the power of the presidency. so, who the hell knows? what is it, darling? i love you! i love you!
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i even love the protesters. there aren't too many. so, i have to tell you this because i always love it. you know, i talk about polls. i'm obsessed with polls. only when i'm in first place i'm obsessed. if i was ever in second place, which for the most i haven't been in second place, but if i was in second place, believe me, the candidates come up to me. i'm friendly with some of them. some of them are actually nice people. they're never going to be able to get mexico to pay for the wall. i can tell you that. that i can tell you. they don't even have a clue. they said to me, why are you always talking about polls? the candidates. i said, because i'm in first place. i'm in first place. one of them came in, he's in like ninth, tenth place. why do you always talk about polls? if i was in tenth place, i would not be talking about polls but i'm obsessed. i love these polls. here's one just came out today. listen to this. the great state of florida, very
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important, big, great, great place. i love it. florida, trump, 48! 48. [ cheering ] cruz 16. rubio 11. bush down in the toilet. can you believe it? unbelievable. how about bush? look. the guy spends now he's up to $79 million. okay. i wouldn't mention this but a lot of it's ads against me. he does the negative ads against me. otherwise i wouldn't mention it. maybe i would. but $79 million. and he's being down in the basement, right? the first thing he should do is he should get rid of the jeb stuff, all of the nonsense he's going through with i can fix it. you know, his new slogan, i can -- he can't fix anything. he's a low energy person. low energy people don't get thinged fixed. if he were a real politician, he
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would be careful when he says i can fix it. where i come from, that's dishonest. when you fix it, you're dishonest. he shouldn't say i can fix it. he's probably an honest guy but a stiff. there's no question. here's the thing. he spends $79 million. much of it in negative ad campaigns against me. he's the one guy, everybody that's hit me so far gone down. that's like the country. that's the way. right? think of it. everybody. our wonderful governor of texas. he comes out. hits me so hard. what did i do to him? i hardly know the guy. right. make america great again. you better believe it. politicians won't do that. they're all talk. no action. they don't have it. but think of this. so bush spends $79 million. i spend practically nothing. right? he's down here. right toward the bottom and i'm at the top by so much you
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wouldn't even believe it. new poll, new poll. monmouth trump 36. everyone else like way, way, way behind. morning consult, trump 39. reuters, trump 42! trump 42. graris. 14 people. trump's at 41. i would take it with three people, too. right? you know, it's funny. all of these guys say, the pundits. believe me, they're not smart people. you take the glasses away from george will and he's a stupid-looking guy. okay? it's true. okay. i mean, karl rove, this guy he predicted -- he thinks romney won the election. remember? romney won. he won. i'm telling you. they had to take him off the air in a basket. this guy -- and he's -- everything, i had a poll that was so incredible. i was killing everybody.
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like a month ago. he is on television saying, well, it can change. it doesn't mean that much. it can change. he couldn't hold his breath. he is like a boiler waiting to explode. the hatred. the hatred. it's establishment. because i'm not taking anybody's money. i don't want their money. they don't control me. i'm doing when's right for you. establishment. no, it's the establishment. they're upset. i'm not taking. i'm self funded. my whole life i'm a very greedy person. taking, taking, greedy person. i've had success and that is going to you because that's what i want to do. greedy, greedy. i want to be greedy for you. greedy now for the united states. i don't want stupid deals. i don't want to be losing $500 billion a year in trade with china. and with all of these countries. we're going to be greedy for you.
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it'sen believable. you have a guy spending $79 million. i've spent practically nothing. i said, wouldn't it be nice if the country could do that. i love education. to me education's so important. so my uncle was a professor at mit many, many decades. very smart. we have good genes for that stuff. you know? it's good. got to be smart. you know? you know, they say he's so plain spoken. plain spoken? i know more than any of these guys. plain spoken? went to vi league school. >> he's been greeted by wild cheers for the most part. one protester was asked to leave. escorted out. but you saw through the imagery of the cameras when they did turn around as donald trump was talking about how disgusting the media is, they don't show those crowds, we had the camera to show the crowds.
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and you can see for yourself the folks that have turned out today to hear that message from donald trump. sidelined with the sarah palin endorsement and accompanied by. steve kornacki watching with me. this is a different dynamic in the campaign for donald trump now that sarah palin's on board or is this the same guy we have been watching all along? >> i guess what i was struck by is a con trest of this event and the event last night up in iowa where palin delivered an endorsement. donald trump kind of popularized that term low energy. that event last night by trump standards business a low energy event. watching on television, heard it from the reporters on the ground there, as well. the crowd was not really into that. the way a normal trump crowd really is. those palin lines last night not landing with the kind of impact she was hoping for. but wow. 12 hours later, we're watching this event down there in oklahoma and just watching this on television, you can see this is a trump crowd. that place is loud. that is boisterous.
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they are into it. they were into what sarah palin had to say there before donald trump came out. donald trump feeding off the crowd, interesting, of course, to see how much the -- there's sort of rituals developed around the trump rallies. begins with the reading of the polls. he goes through, you know, where he is up, down. takes it through the latest numbers and the ejection of the protesters or protester. the crowd rallies around donald trump kicking somebody out and seen it a bunch of times now. he feeds off of it. yes, i mean, the contest, the backdrop for all of this is we are 12 days away today from the iowa caucuses. i continue to think it's amazing when you go back to last june and you think of donald trump coming down that escalator at trump tower and back then he was in single digits when they were polling him and even questions on the day when donald trump announced his candidacy if he would have enough support to make the first republican debate. can you believe that? that's where things were when you get in the race in june.
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he got media attention with the controversial comments about mexican immigrants. people said, well, he's commanded a news cycle or two. lasts for about a week and basically nonstop commanded the spotlig spotlight, the conversation, the discussion middle of june to today and the middle of january. we are 12 days away from iowa. there's been all sorts of talk for the last six months about when will donald trump start to lose it and when will this unravel? there is no sign, no sign that's starting. >> you probably picked up on this, too, sarah palin talking about crony capitalism, donald trump the candidate endorsing, he runs on the idea that he basically greased palms on the left and the right to get ahead in business and that that was his strategy for decades within the real estate world. does it seem as if that there
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are -- this is a real political marriage, that benefits both of them or that there is an ulterior motives baked into this for a sarah palin? >> well, i mean, the message there talking about the crony capitalism stuff there, the message that resonates from trump to the voters and the people coming out of these things and donald trump talking about the past of donations saying, look, you're so used to politician who is are owned by did donors, i'm the donor that owned the politician and if i'm president of the united states no one will own me. this seems to be a powerful message that resonates with his supporters, with a lot of grass roots people in terms of what sarah palin gets out of this. look. you know, i mean i was looking on twitter in her speech and people saying, wow, eight years ago and having flash backs to 2008. i mean, here we are stories about the stock market plummeting and sarah palin live on television giving a political speech in the light of a presidential campaign just like
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september 2008 and wall street meltdown all over again. sarah palin back in the spotlight. she's a major figure in american politics and last two, three years, maybe four years she'd taken a step back from the public stage. i was struck just yesterday trying to find poll numbers about sarah palin. what do americans or republicans think about her? the tea party now today. couldn't find a poll about her since early 2013. >> really interesting as you point out the contrast between last night and sarah palin today. the muscle memory to be in front of a crowd responsive and when the lines do land, you can see her kind of grow in strength, grow in confidence from behind that podium. fascinating to watch. steve, thank you so much. we'll be watching these two storm tulsa but we have some other weather, real weather to talk about now because cities across the eastern coastline, prepping for a major winter storm to make some history. look at the storm preps, taking place long island, new york. all the way down south.
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winston salem, north carolina. washington, d.c. in the center expected to be hit the hardest. 18 to 24 inches of snow forecast for saturday. and d.c. hasn't seen a storm like that with 20 inches of snow in 94 years. schools in places like nashville, tennessee, already closed because of bad ice. and the worst potentially is yet to come. we have your latest forecast an live coverage in the path of this storm. i want to talk to meteorologist rafael miranda. what are the models saying? >> models saying it is a storm that could paralyze washington, d.c. and turns dangerous tomorrow. blizzard watch already for the nation's capital. this is the severe witt threat starting tomorrow afternoon and evening and then friday that's when the snow starts to spread into the mid-atlantic. heavy snow through virginia and dropping in friday night. the coastal low begins to form and the snow picks up in intensity friday night. d.c. is shut down and then this is the beginning of the nor'easter for the big cities
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like new york city and philadelphia. as you head into stat. snow spreading north. coastal low continues to ride along the coast intensifying and we're talking about major winds up to 60 miles per hour. wind damage, power outages, beach erosion. and major coastal flooding to top it all off. high tide and a full moon at the same time on saturday. the worst-case scenario there. and then storm slowly exits on saturday night into sunday. by sunday, the damage is done. and our storm is pulling away. take a look at the blockbuster snow totals. this is the european model showing d.c. on the cusp to the two to three-foot snow fall amount. that's the bull's eye and look at philadelphia. that's 12 to 18 inches. 12 to 18 near new york city. look at the sharp cutoff here. boston, almost nothing. so we have to see how it develops. it's a very interesting storm to watch. gets dangerous tomorrow night and lasts through saturday night. thomas? >> we have a lot to watch and a
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lot of folks to prepare for the worst and hope for the best. you'll keep an eye on it for us. thank you. that wraps up things for today's show. thank you for your time. i'll see you back here tomorrow. don't go anywhere. kate snow picks up the coverage right here. our cosmetics line was a hit. the orders were rushing in. i could feel our deadlines racing towards us. we didn't need a loan. we needed short-term funding fast. building 18 homes in 4 ½ months? that was a leap. but i knew i could rely on american express to help me buy those building materials.
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so, we say thank you america for a century of trust, for the privilege of flying higher and higher, together. ♪ good afternoon, everyone. i'm kate snow and we begin this hour with breaking news on wall street. the markets are down right now. not at the lowest point of today. thank goodness. 334 down at the moment. the dow briefly losing more than 550 earlier. the market's reacting to several things including falling oil prices. let's bring in cnbc -- going to olivia first? nope. ron. there we did. >> hi, kate. the smarkt pairing the losses. the oil off the lows of the day but it seems that markets worldwide are concerned about the pace of global economic growth or worries the federal
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reserve may continue to raise interest rates in the u.s. and the downdraft seeing in oil is creating dislocations in countries and the united states with boom towns go bust because of low prices and adding up to concern about the current state of the economy. >> all right. ron, thank you for keeping an eye on it for us. let's turn to correspondent olivia sterns. olivia, we have been watching the declines for dais now and you've been saying today that this is not just oil, right? that is variety of factors. >> oil is a big part of it, of course. oil down today alone 6.5%. that's the drop in the price of west texas intermediate trading below $27. this means, kate, you can now buy two gallons of gasoline at the pump for the price of one gallon of milk. the plunge is huge and what's happening is energy is actually a big part of our economy. so when the price of oil comes down, all the big energy


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