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FOX Business
Dec 11, 2016 3:00am EST
china could be undermined by this issue flaring up. >> i don't want to undermine that progress, but someone here asked where was the outrage when our current president spoke with cuba's raul castro and when he reportedly spoke in secret with iran's leader rouhani. i'm david asman, welcome to "forbes on fox." let's go in focus to steve out mike ozanian, john tamny and others. steve, i can't help but hear all the progress we made with china, what about the progress with the south china sea business, with trades, et cetera. i don't think it was bad, do you? >> no, and in fact it was a brilliant move by the way liberals love to deal with our enemies that's why they say it's bad to be a enemy of the u.s., worse to be an eye lie of the u.s. in this case what trump did was absolutely fabulous, he made it clear we're going to defend our interests in the south china sea, cyber security, barring our companies from having full selling rights in china especially if they're cutting edge and appoints terry branstad the new ambassador to client who knows president xi of china. in effect what trump
FOX Business
Sep 30, 2012 2:00am EDT
prescott privas in china, not okay. president obama's stimulus plan reportedly sending u.s. tax dollars to china is okay? is this another case of hypocrisy. we report. you decide. >> he's been talking tough on china. he says he's going to take the fight to them. he's going to go after these cheaters. i've got to admit, that message is the better -- is better than what he's actually done about thing. it sounds better than talking about all the years he spent profiting from companies that sent our jobs to china. >> david: president obama attacking governor romney over private investments in china, but what about sending taxpayers' dough, your money to china under his watch, like the $1.8 million stimulus money spent on this federal building that reportedly used solar panels from china, or more money from the stimulus that reportedly purchased wind turbines from china. mike, you say the definition of high accuracy. how so? >> president obama is being a huge hypocrite. he's taking taxpayer money, throwing it over to china, and criticizing romney for using private capital and investi
FOX Business
May 12, 2013 9:00am EDT
that we'll never see ain. >> outstanding. >>> an american icon now made in china. general motors spending $1.3 billion to start producing cadillacs and new jobs in shanghai. this after getting $50 billion bailout bucks fr u.s. taxpayers. gm saying it wants to stay competitive in china's growing luxury vehicle market, but critics say our bailout dollars were used to rev up american jobs, not jo in china. so who's right? hi, everybody, welcome to "forbes on fox." let's go in focus with rich carlton, rick unger, elizabeth mcdonald. you're fired up about this. >> i am. what we're talking about is a politicized bailout. what's happening here is, you know, china gets the jobs but we're stuck with the taxpayers paid for vanity projects like the chevy volt and no jobs here. i'm all for gm building in china, i don't have a problem with that. this is a political bailout. they were not allowed to restructure and get toyota or a korean company to buy gm in a bankruptcy and make it even healthier to avoid having to do a bailout. they still owe us, by the way, $20 billion. >> we're the relucta
FOX News
Oct 19, 2013 8:00am PDT
was just a commercial, of course, depicting china mocking us. now they really are mocking us in public with cartoons like this, depicting us as beggars. but are they the beggars? we'll debate it next. i got this. [thinking] is it that time? the son picks up the check? [thinking] i'm still working. he's retired. i hope he's saving. i hope he saved enough. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. whether you're just starting your 401(k) or you are ready for retirement, we'll help you get there. [ female announcer ] at 100 calories, not all food choices add up. some are giant. some not so giant. when managing your weight, bigger is always better. ♪ ho ho ho ♪ green giant go grab life by the gills. go take a road trip to a place with no roads. go to bass pro shops for great deals like $50 off these merrell waterproof hikers. plus, bring the kids this weekend, for a free photo in the pumpkin patch. (announcer) scottrade knows our and invest their own way. with scottrade's smart text, i can quickly
FOX Business
Oct 20, 2013 9:00am EDT
this? take a listen. >> wow! that was just a commercial, of course, depicting china mocking us. now they really are mocking us in public with cartoons like this, depicting us as beggars. but are they the beggars? thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. maestro of project management. baron of the build-out. you need a permit... to be this awesome. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. (aaron) purrrft. (vo) meee-ow, business pro. meee-ow. go national. go like a pro. afghanistan in 2009. on the u.s.s. saratoga in 1982. [ male announcer ] once it's earned, usaa auto insurance is often handed down from gen
FOX News
Aug 4, 2012 8:00am PDT
warren is saying >> china invested 9 percent of the gdp in infrastructure. america we are at 2.4 percent. we can do better and build a strong economy and get people in massachusetts to work. >> former assistant to president obama is running for a senate seat in massachusetts saying we need to be more like china to juice up the american economy . is she right or wrong. we'll go in focus with steve forbes. with elizabeth and rick and steve and rick. >> steve, is china our economic model. >> no, thanks to elizabeth warren and her kind we don't have the money china is trying to catch up with us if we want to spend money on the private in42 structure and how about the highway trust fund instead of light rail let it go for highways. remove obstacles that she put in the way for. >> morgan, we don't have to look abroad to china, we have to get back to our old roots. >> she's not necessarily saying we need to spend nine percent of gdp. >> sounds like she said we have to be more like china. >> no, countless reports it doesn't matter if you are democrat and republican, our country is in a s
FOX Business
Apr 16, 2017 3:00am EDT
presence in the region but stiffer economic sanctions and getting china to use trade pressure on its neighbor, the key to diffusing a dangerous situation was welcome to forbes on fox, let's find out when steve forbes, elizabeth mcdonald, bill baldwin, john and austin goolsby, is china the key here? >> if china were serious about sanctions they could choke off the north korean economy so well that kim couldn't get his hands on a cold beer. there is a lot of leakage and export controls, things could go wrong. >> of china plays serious and cut north korea off could we avoid a crisis? >> we vastly overstate the threat but assuming it is a threat, this is china's problem if north korea destabilizes the world that would have a negative impact on china's economy so the trump administration's response the china should deal with this, we should stay out of it. david:we saw some tweak diplomacy on the part of donald trump, he first tweeted north korea is looking for trouble if china decides to help, that would be great but if not, we will solve the problem without them and china got the messag
FOX Business
Oct 5, 2014 9:00am EDT
catching the world's attention. but if you think it's all about china, think again. how it could impact jobs right here in america. that's next. ♪"in the hall of the mountain king"♪ ♪ [beeping on the computer] peter come take a look at this. [beeping sounds are more rapid] [beeping sounds are even faster] mr. daniels? mr. daniels? look at this. what's this? the numbers they keep getting bigger and bigger. the clicks are off the charts. yeah the clicks are off the charts. yoshi, i'ts walt. we're back. yes sir! hi. [spoken in japanese] let's go! let's go! let's go! [spoken in japanese & english] i need more trucking. more shipping! more shipping! i need more trees! more trees? i'll get you more trees. hey! take a look at wood pulp. whoa. everything you got on wood pulp. right now! ♪ yeah! he really loves that thing. "hello. you can go ahead and "have a nice flight."re." ♪ music plays ♪ music plays traveling can feel like one big mystery. you're never quite sure what is coming your way. but when you've got an entire company who knows that the fewest cancellations and the most o
FOX News
Aug 21, 2010 11:00am EDT
the way. but first, is our stimulus feeding the dragon? as china knocks off japan as the world's number two economy, who worries our megastimulus money helped them do it? is that true? find out next. ♪ just one bite opens a world of delight... ♪ ♪ savor and explore, the great indoors ♪ ♪ friskies indoor delights. ♪ feed the senses. >>> from america's news headquarters, i'm juliet huddy. t a second farm is recalling its eggs. there is a possible salmonella outbreak linked to the eggs. at least 1300 people may have been sickened. it includes eggs sold in five brands in 14 states. to check if your eggs are safe, go to foxnews.com. we posted information on the eggs affected by the recall and information on salmonella. >>> the founder of website that leaked documents, is accused of rape in sweden. there is an arrest warrant for julian assange. he's the founder of wikileaks leak who posted classified documents about the afghan war. i'm juliet huddy. now back to "forbes on fox." [ chanting ] >> david: this week, china took out japan to become the second biggest economy in th
FOX News
Sep 10, 2016 8:00am PDT
the snub. china does not roll out the customary red carpet staircase for the president forcing him to use the emergency exit. and donald trump doesn't waste a minute noticing it. >> you know, it's interesting with the president, because i saw that yesterday with the stairs. he went to asaudi aarerabia and top people didn't greet him. if that happened, he's there to pay respect to the country, not to him, but to pay respect to the country. i would say, thank you very much, close it up, boom, let's go back to washington. i would. >> so is trump right or wrong? hi, everybody. i'm david asman. let's find out when steven forbes, john tamney and bruce jackson, think. steve, what do you think? >> trump is right. what the chinese did is inexcusable. it was a slap in the face. one chinese official chuckled and said he had to leave the rear-end of the plane. so trump should have done what reagan did, if something is not right, walk away. but it shows the world is becoming more dangerous when the chinese treat that president like that. >> and bruce, it's this whole idea of soft did lo diploma
FOX Business
Sep 1, 2013 9:00am EDT
makes us safer, china is les likly to bomb us if we owe them money than if we don't owe them money. >> david: we spend a lot of money on defense. with jim imhoff says we don't have enough, i listen. >> he's right on long-term implication of what we do on the budget. not just the deficit or the level of the national debt, david. this president wants to draw down the military rather that build it up. ve a large budget on paper but it goes for personnel and things you don't see in other budgets. china is spending heavily, though it's not in the open. volatile areas of the world; particularly, in asia. focused on theiddle east. japan and china is heating up. i don't want china to feel nuclear arms because we can't defend them. >> david: contingency plans. if you start an action, even in a small place like syria that doesn't seem to you have to be prepared for what follows. world war i began with an isolated assassination in a country and it turned to world war. >> i can go alo with the idea there are dangers from the national debt. i have a hard time believing security is one. yesterda
FOX Business
Nov 8, 2015 7:00am EST
territory, seizing territory, land grabs. seizing real estate. russia is doing it, china. it is happening in the middle east with isis. it's happening in libya. it's happening in afghanistan. anti-american forces are grabbing territory. >> bruce says putin has a mandate. he made his own mandate. our president is mr. mom and putin is wrestling tigers. angela merkel had tough decisions where she had to be disciplined. >> when you can influence things like trade treaties for example. isn't it better for the economy than when you don't have that influence? >> oh, yeah. you don't have to be a powerful person. >> you can't get deals you like unless you are a powerful person. >> so obama -- i'm not defending him. he got us the trade pac from china. compare it to romney who ran against him who wanted to get tough on china. i think we have to get back to something important. reagan's favorite president was calvin coolidge who sat back and let real wealth create wealth. this stuff did you want work. >> we want a president of the united states that will be atop the list because of the libe
FOX Business
Apr 17, 2016 7:00am EDT
, we get pictures of chinese fighter jets on one of those contested islands in the south china sea. the same islands they said they would not militarize. steve says this is more food to let our guard down and we need to get our military spending back up. right? >> absolutely. when the u.s. is weak, gets bad behavior around the world as we saw in the 1930s. reagan was right. strength begets peace and barack obama's seen as weak, so china's pushing, trying to divert attention from their domestic problems. putin's doing the same thing. divert attention from his domestic problems. by being aggressive against their neighbors. that's bad for the economy and bad for world peace. >> john, when we let our guard down, that's when our enemies start testing us and that's what's going on now. >> i don't think so. i'm not understanding this. let's face it. military spending is a tax just like any other government spending. it's not that we shouldn't have one, but should we be spending this much. what interest do we have in the south china sea. do we think if we don't flex our muscles there, they're g
FOX Business
Mar 9, 2014 9:00am EDT
tackle the problem now, when is the right time. with china and other developing countries coming online, everyone getting cars, this is going to get worse and worse. if you don't fix it now, there's not going to be an economy to sai. >> you bring up an interesting point. rich, what about the chinese? they are spending money. they're polluters. but they're spending money on trying to clean their pollution a little bit, right? >> yeah. hey, look, the rest of the world wants our kind of affluence. it's good for the ecology because it creates a middle class that becomes concerned about these things rather than fixated on simply trying to get enough food and water. i want to say something quickly about al gore. his side always claims science and then al gore throws out some ridiculous number. a hundred times? where did he pull that out of? >> and he's never called out on it. >> we do. >> we call him on it. >> i hear what rich is saying. the thing is this debate is getting so heated, it's like jumping into a pool of live hair dryers with these guys. you can't even disagree with anybody
FOX News
Dec 17, 2016 8:00am PST
. good saturday morning. the united states and china are now reportedly negotiating over the return of a stolen american under water drone. this according to china's defense ministry, it was taken in the south china sea. the pentagon saying the ship was trying to retrieve two drones near the philippines when the chinese took them. it is used mostly to map the floor of the ocean. meanwhile we're also getting rea action from president-elect donald trump who tweeted this morning. china steals u.s. navy research drone in international waters, rips it out of the water and takes it to china in an unprecedented act. we'll see you at the top of the hour, now back to forbes on fox. >>> for the first time ever, our federal register, the official database that lists all our official rules and regulations has topped 90,000 pages, and those regulations reportedly costing us $740 billion since president obama took office. you say president-elect trump needs to do more than cut two rules for every new rule. >> i love that he's pushing a deregulation plan, but it's not going far enough. we cannot get
FOX News
Nov 12, 2016 8:00am PST
. >> if you get from places like china and places. threatens that. you addressed this as advise or to the candidate. how much of that does he want to follow-up on or try to pivot on that a little bit. what is it? >> couple of things. first, neil, the fact that so many people who were thought to be experts on the markets in the weeks preceding this election said if donald trump won that we would see a collapse in the stock market. obviously we did on election night, but the last four, five days has been about the best period in the stock market we've seen in a long time. just as political pros got it wrong in terms of polls, they got it wrong about the outcome. a lot of stock market experts were wrong, too. i would say this, in addition to you talked about energy stocks that are going to do well under trump, especially the oil and gas and coal industry, i would add another one. i think manufacturing is a great buy now. we're going to see a real renaissance in american manufacturing again and we're going to start making things here in america partly because of the lower taxes. >> get
FOX Business
Aug 13, 2017 7:00am EDT
either. if the desire is more spending now, simple answer is this, tell china this is your problem, in turn for you taking care of what is your problem, we will remove troops from south korea that will save a lot of money and file it back in the military. >> i don't know. i believe history with underestimating the damage that tie reants do. >> steve mentioned after the fall of the berlin wall, same thing happened after world war i. elizabeth touched on something very, very important which is technology. >> thank you. >> i like to see a focus on technology and again, going back to ronald reagan with star wars and brilliant defense system, a lot of people laughed at that and mocking him at first but we got tremendous number of advancements and key negotiating point with the soviet union. >> bruce, one of our allies, takes advantage, it worked in certain cases, doesn't always work, it's not fail-proof but the fact that it does work it means it saves lives, right? >> certainly technology, that's the thing when we talk about throwing around the gdp percentages, how do we know that that's ev
FOX Business
Jul 12, 2015 9:00am EDT
everything okay? >> we continue that. >> greece's debt china's market and the new york stock exchange with so much big -- you probably missed this. new explosive documents set to reveal that the irs was not the only arm of the federal government targeting conservative groups. the justice department and the fbi might have been conspireing with the irs to find ways to criminally prosecute those groups. some think this is more proof the administration was indeed targeting its political enemies. was it? hi everybody. i'm david. welcome to "forbes on fox." let's go in focus to find out -- rich sure looks like a conspiracy. what do you think? >> you know this thing just keeps inching along. much in the manner that watergate did. it really didn't begin to pick up major steam until 1973. late 1973. leading to finally nixon's resignation in 1974. there were 125 million pages of stuff that went from the irs to justice, including information on 113,000 tax returns. doesn't that bother you? >> we spent $20 million on this over three years, and it's largely been partisan and i think to ri
FOX News
Jul 14, 2012 8:00am PDT
victoria's point. then europe and china matter more on the u.s. economy. what do you think? >> i think we were so burned by the 2008 melt down that many people didn't see we overdo the threat on the horizon. victoria is right. it takes a couple of 10ths of a point and we are perilous close to a rescission. i don't think it is a big event. rick, they are worried about the fiscal christs and we have a capitol strike going on. u.s. treasuriers saying we are parking 50 percent of the debt in u.s. backings. isn't that poor of problem. >> we hear the bad news and it makes us nervous . victoria hit the fact on the nose. two percent of the gdp comes from the sales.own yes, recessin highly unlikely. what does worry me. u.s. banks have far more exposure to the european front than we are told. it is a credit crunch we could do without. >> i think mike hasn't heard the news yet. the u.s. housing market bottomed on tuesday . more good news, because costs are low in the u.s. we are bringing manufacturing back to the u.s.. there is a 50-50 chance we'll repeal obama care. >> not a chance. >> gre
FOX News
Jun 2, 2012 8:00am PDT
way. we would be raising the white flag and china is spending enormous amount of money subsidizing the solara we want to have our kids to work for the chinese or own the companies. if we end up as an also ran, this could not be a good thing for the united states. >> and it is not just cars and batteries by the way. the government claims to have got 750 workers . it is hurting the recover. it is a coast for kilowatt hour. oil and natural gas and coal all below a nickel. >> eventually these things will pay off. >> we can't do it right now. >> the president lost the flotlite line. inconvenient truth is in. when you are driving and you are see a historic crack up. and one of the worst down turns ever. you don't do reckless moon shots on fly by night companies that will not return an invest create jobs. if it is such a great program why did the president himself say i understand that this is not our program per se. if it is so great, why is he walking back away. >> double down on a beat tough cell. the job figures doesn't show it to be working? >> oh, yeah. this is just beyond sad. the obam
FOX News
Mar 12, 2016 8:00am PST
country. we're going to start making apple products in the united states. okay? not in china. when carrier air conditioner says they're leaving the united states, 1400 people, because they're going to build in mexico and florida's going to build in mexico and na bis ko is leaving chicago because they're going to build in mexico, not going to happen with me. we're going to keep our businesses here. and let me just tell you while we're on the subject, let me talk about you, governor, do you mind. for about two minutes. he's got, it's a boring subject, but we'll talk about him any way. look, he was the managing director of lehman brothers, which was one of the great catastrophes in the history of this world. lehman brothers failed and almost brought down the world. if you remember. and kasich was the managing director. he was right in there dealing with all the big boys, all of the people that made these horrible decisions at lehman. another thing, he voted for nafta. you people forgot. he voted for nafta. now, he was a congressman and he voted for nafta. nafta has destroyed new engla
FOX Business
Sep 8, 2013 2:00am EDT
too much? >> i think we need to be spending on the solar projects if we want to compete with china on the world stage and the arena. yes, we need to spend on solar. this isn't indicktive of the greensh -- indicative of the green wasteful money. this is more indicative of the fact when you have a new technology come in, it has blow-back. whatever the technology is. this is indicktive people in new jersey and around the country have to figure out the fire code and building regulations. we are seeing this in other areas, too. europe, england. >> david: the interesting thing is emac, we have known about the dangers for firefighters of solar panels for a while. it was 2011, two years ago, underwriters laboratory had a big study saying solar panels cannot be easy deenergized. there is no big circuit switch to pull down because each panel is an energy source in and of itself. they are inherently a fire strap, right? >> they are inherently a fire trap. we are talking about an out of control chemical fire because of the batteries there. the firefighters face electric shock. >> david: you ar
FOX News
Jun 18, 2016 8:00am PDT
working together. i covered the olympics in china. i videotaped a little bit of a baseball game and put it up on u youtube. immediately, it was taken down. a lot of these things can be happening and we can stop it in real time. >> immediately taken down. what do you think? >> i don't think so. these are businesses, they're not terrorist fighters. i'll point out thankfully, terrorists attacks are all too rare, so what you'd have is social media companies creating all sorts of false alarms that would have nothing to do with stopping terrorism, but that would put them at odds with our customers while rushing them towards -- it's a very bad idea. >> but mark, i hear what john is saying. rare, but pretty def tating and they're going to social media. not just facebook. it's also twitter, instagram, tumbler and youtube. they're using social media even for their own battle plans to give order to terrorists to conduct other attacks. what do you think? >> well, i think this assumes that google and the likes of other social immediamedia could something to what the government is already able to
FOX Business
Dec 28, 2014 3:00am EST
monitors. i mean we -- china employs millions of people who monitor websites. i don't think we want to go in that direction. and it's a very, very slippery slope. imagine, you know, a referee make as bad call in a football game. 20,000 people want to kill the ump pai pyre or referee and maybe one really does because they lost a lot of money betting on the game. it's impossible to sort these things out. in retrospect, of course, you can. in realtime you can't. >> in realtime, sabrina still seeing reprotests. we had one this week in manhattan that was interfering with shopping. you know even though the mayor, who's frankly been very slow to condemn some of the violence and some of this awful, hateful rhetoric, he said that they shouldn't protest. they went ahead and protested anyway. >> this is exactly to steve's point. that the real story here that we have a president and others in this administration members of the media and community organizers who have been inciting this kind of violence, encouraging this demagoguery language and pitting americans against one another suggesting th
FOX News
Jun 3, 2017 8:00am PDT
and india and china would be free to pollute. david: and tom sires put in his own, and he says it's a traitorous act. >> the political environment has become so toxic, we can't have a reasonable conversation about this anymore. what's being overlooked here, this was a nonbinding agreement, right? as others have noted. what's really going to improve the environment in addition to a strong economy is the natural gas revolution, which is doing a whole lot more to reduce carbon emissions than anything that we signed on the dotted line about. so, i think that that's a theme lost here in all of the political rhetoric and heat. there's lost on the left, screaming about the big oil and gas companies like exxon or conoco phillips, they're going to benefit from this because they're the number one producer of natural gas, not oil and gas anymore. david: there's been an extraordinary revolution in natural gas, led to our burning cleaner fuel. let's go what john tamny said, the creation of wealth we have in this country has led to a cleaner environment. if we abided by the paris accord we'd have l
FOX News
Dec 25, 2010 11:00am EST
us from rome. why did pope feel like he needed to reach out to china and iraq? >> it's interesting. iraq is obvious, christians forced out of there and being slaughtered. that was clear. but china is more complicated because they try to force catholics to belong to government sanction church. and the vatican tried to work with that diplomatically. when it sees that people are forced against the conscience essentially to enter the church when they want to remain faithful to rome, the vatican speaks up. it's complicated. pope trying to give a shot in the arm to the christians and catholics where they're having trouble. >> hopefully his message reached them. we see the weather is not so great. how bad has it been. what has it meant for the crowd? >> it's been bad but this is a chance for the pilgrims to see the pope. they buy an umbrella on the street and go to see him. crowd in the st. peter's square today was overflowing as it is all the time. we probably had 80,000 people and 50,000 umbrellas out there. >> not a problem. if you travel a long way to hear the pope, a little rain is n
FOX Business
Dec 25, 2016 3:00am EST
with china, saudi arabia, qatar and iran, and i think things will change with donald trump. >> john, what do you think of that? >> there is a big difference between being anti-murder and actually finding those people. you're looking around the world for the tiniest bits of evidence, the idea that any president is going to succeed in stamping out murder seems as unrealistic as doing it in the united states. >> bruce, one thing that unites the world is money, frankly. it doesn't have to do with religion, it doesn't have to do with race. i think if we're going to work together at all, at least in the banking community, they could find ways of squeezing these terrorists, couldn't they? >> oh, definitely, and when you think about what is alarm to go me on this whole russian hacking, if they're able to -- i think people should pay attention and say if they're able to hack into people's e-mails, political figures, heads of states, they may wake up one morning to see that their 401(k) is disappearing. >> i knew we would get back to the hacking. >> start with iran and go after the others. >>
FOX News
Jan 1, 2011 11:00am EST
that one? >> i'd go the other way with that. because of the fact that u.s., china and europe are slowing down, japanese will have trouble with exports and rising yen. i think the market won't move. >> all right, guys. thank you very much. everyone out there, happy new year. david asman, "forbes on fox" is next. is next. dave? captioned by closed captioning services, inc >> david: states are cutting. are unions retaliating? criminal investigation in new york amid the claims that the union workers deliberately slowed the blizzard clean-up the protest budget cuts, paralyzing businesses and stranding ambulances and emergency crews. some at "forbes" warn the white house cozy relationship with big labor emboldens union to retaliate nationwide and that threatens our entire economy. are they right? hi, everybody. happy new year. i'm david asman. welcome to "forbes on fox." in focus with steve forbes, rich karlgaard, quentin hardy, stephane fitch. steve? >> it's hurting the white house. they can't get the legislation through congress and you see it in the at tuted of unions -- in the atti
FOX News
Mar 4, 2017 8:00am PST
, and we don't even know what china's is. look, i agree with steve, that the threats in the world are changing and they're becoming increasingly technologically driven. we won the race to the atom oba obama-- bomb, and we won the cold war for the same reason and investing in military r and d and we can't afford to lose that race to china or russia. david: bruce, look at raw numbers, we can put up a graph or a chart, in 2011, that wasn't that long ago during the obama administration, we were spending 669 and now over 500 billion. that's less than two years ago. >> part of me thinks this is merely tough talk by donald to blunt the criticism he's facing over his ties to russia, but more broadly on some of this stuff, it appears he's banging the drums for war and same time they're proposing a 30% cut in the budget of the state department, unless we're going to get the trump and kushner family to-- >> well, aren't we going to talk to anybody or spend money on defense. david: we can talk. as i said before, e-mack, just cut the wine expenses for the state department, that would cut the budge
FOX News
Mar 22, 2014 8:00am PDT
. david? >> reporter: hi, eric. the possible break-through with china announcing it has spotted a large object in the southern indian ocean. it's about 70 foot by 40 foot. the photos were taken though on tuesday but released today. the malaysian authorities are leading the investigation and say china is sending ships to that area now. the object sighted is around 75 miles from where two large objects were sighted by a satellite last sunday. that's nearly 2,000 miles southwest of perth, australia. meanwhile, they have widened the area in the ocean. none of the search planes reported seeing the objects. the u.s. navy's poe siden couldn't fly today because it needed maintaienance. the u.s. did send out a p-3 orion. five chinese warships an an ice breaker is also joining the search very soon. the weather was reported to be relatively good today over the search zone, but this is one of the wildest and remotest areas in the world and the forecast doesn't look good for the week and a cyclone looks like it could be moving toward the area. they're still searching the northern arc as well in case
FOX Business
Jun 25, 2017 3:00am EDT
a pro skills, pro talent-based immigration policy. look, this week it was reported that china had a break through in quantum communications, leap-frogging on. we can't afford to lose a race like that. we need the brightest people in the world and they're not going to want to go to on welfare. the best anti-welfare policy is to bring in people who aren't going on welfare. david: on immigration, if you put the question to the people, would you like people who come here that are just going to work. >> i think that people need help. we're a giving nation, we want to help the poor and we do. i'm interested in australia and u.k. having appoints based immigration system, based on your talents and whether you're college educated. what trump is saying is what australia and u.k. have been doing. david: cash n-- cashin' in gang. eric, what have you got. eric: president trump's china's efforts to rein in the rogue nation are not working. is it time to take action. and amazon's taking all with the purchase of whole foods. how they could take down american jobs. david: it appears another state is
FOX Business
Nov 19, 2017 7:00am EST
having advanced degrees and under my points system, people from mexico and china would get high scores. >> and rich, we know that this merit-based system works in other countries, we've seen it in australia and elsewhere. >> yeah, and canada. by the way, donald trump, before he was president, debated steve bannon on this issue on bannon's radio show and trump made the strong persuasive case for me t merit-based immigration and trump needs to go back, he won that debate. david: john, you're a nay sayer. >> you haven't convinced me the federal government wouldn't know what we should import and export. why would we let it plan the most import, human capital, let the markets do it. david: wonderful representative from libertarians here. i no longer live with the uncertainties of hep c. wondering, what if? i let go of all those feelings. because i am cured with harvoni. harvoni is a revolutionary treatment for the most common type of chronic hepatitis c. it's been prescribed to more than a quarter million people. and is proven to cure up to 99% of patients who have had no prior treatment wi
FOX Business
Apr 23, 2017 3:00am EDT
they make things in china. i agree with steve, we have to look at what's going to happen to the average american consumer who-- >> sorry to cut you off. but, john, quickly, what do you think? >> it's a disaster, i hope it doesn't happen. buy american, hire american is bad for the u.s. economy. >> rich is right, remembering labelling china as a currency manipulator, not so much when they help us with rodney and his new business. he teaches lessons to stanley... and that's kind of it right now. but rodney knew just what to do...he got quickbooks. it organizes all his accounts, so he knows where he stands in an instant. ahhh...that's a profit. which gave him the idea to spend a little cash on some brilliant marketing! ha, clever. wow, look at all these new students! way to grow, rodney! know where you stand instantly. visit quickbooks.com. >> and we are back with the safe stocks in a turbulent world. elizabeth macdonald, real estate companies. >> the vanguard refund, cheap and sweet dividend. >> very, very inexpensive, love it. david: but you like insurance companies, the chubb gro
FOX Business
Nov 13, 2016 3:00am EST
wasn't going after hillary clinton he set his sights on china and mexico. >> you are losing your factories, they are going to china and mexico. just h anthony: president-elect trump made it clear on the campaign trail web's not against trade deals web's against bad trade deals. >> the children tons gave us nafta. think of it. the worst trade deal ever signed by any country ever. anthony: what can we expect from a trump administration in terms of trade and economic growth. mario gabelli is back with us. there is talk about tariffs and punitive taxes. >> 60 years ago i took economics 101, and we head about the impact in the 1930s and the impact holly had on the trade. it was imposed in 1930 and the great depression continued. but ricardo and adam smith, the fundamental forbearers of the system of allocating capital would around wants efficiency. anthony: we had a cat his mick a cataclysmic event this week. >> the markets are quick to adjust. anthony: in the last 48 hours, understood this scenario, higher interest rates, higher earnings growth, who will be the beneficiary. >> let's
FOX News
Aug 6, 2011 11:00am EDT
didn't like it china thinking much of the same and criticizing the country for reckless spend urging we get our act together . republicans go further and suggesting that tim geithner pack his bags and get out. the president is so inclined to stay quiet. the president didn't mention the downgrade in the weekly address today . gop candidate michelle bachmann. congresswoman, what do you think? >> good morning, neal. it is a historic week as you said all morn unprecedented the doubling ofhe national debt in five years and stock market failure and now the ratings downgrade and despite all that no statement from the president of the united states. potentially most historic news in 80 years and where is the president he left for camp david and hasn't been heard of him since. i led against raising the debt ceilingly. that's what the markets told us and what the american people wanted and the president refuse to lin to them. he has to come up with a new deal to restore the market in the nation and address the nation from the white house. and he needs to demonstrate to the country that
FOX News
Sep 25, 2010 11:00am EDT
to spending, china could terrify with us a click of a key punching. they'll say we are going to decelerate the purchases of treasuries, and they did it with fannie and freddie. they stopped buying that debt. pushed the behemoth in conservatorship. >> if we do get the spending we're talking about, if we get it, does it help or hurt the economy? >> it hurts economy. crowds out the private investment and adds confusion. this is the real problem. everything they are doing, they spend money and they change the roles and everybody that want to invest in future. all that stephane is talking about on the balance sheet of the american corporations, continues to stay there. the best stimulus is getting that money off the sideline toward productive investment. >> mike, you talked about the fed getting out and buying government debt. does that help or hurt the economy if they do it? >> it hurts because it supports all the borrowing and it trashes the value of the u.s. dollar. look, the spending by the government was supposed to keep the unemployment rate below 8%. that was the big promise f
FOX Business
Feb 23, 2014 2:00am EST
in good, new jobs. well, guess what? it's returning but to china. >> can i say oops? >> i wish would. >> once again. >> we get lots of the negative stories. but let's talk about tes whose stock is skyrocketing. they got more money than they did and paid it back early and created a technology that's going to benefit everybody in the future. and if you're enjoying wahing us on television right now, the reason you have your television is from government subsidy and government creative assistant in creating the television. >> oh, my gosh. >> you and al go have to get together. steve, the fact is that there are plenty of e examples of companies that we have spent billions of dollars on that have gone bust in this whole green ener project of the president. we can put some of them up on the screen. one of those companies, the battery matter, the same chinese company that just bought fisker also bought that. the more we spend, the more the chinese are rakingt in buying these companies at a fire sale. >> yeah, i want to correct rick. i invented television. >> you were just its first big
FOX News
Apr 26, 2014 8:00am PDT
think is china. i was just there thanks to forbes. 30 years ago the chinese were starving. today they were becoming millionaires and billionaires by the day. what's the difference? not the water they're drinking. the difference is government got out of the way. freed them up to grow economically. free up individuals. you reverse these problems. >> approximate the communist chinese can do it, why can't we? >> i have to take exceptions to some of the things i've heard. texas, it's great they're growing jobs. good for them. good for their governor but what they're really doing is moving people from poor toward middle class. that's gate. i love it. but it doesn't speak to income inequality among the middle class if they aren't paying those people enough money and they aren't. also -- >> how do you know they're not? >> steve, you said it's obvious -- >> how do you know that. >> guys, let me finish. you said it's obvious all we have to do is lower taxes. raising taxes hasn't addressed this problem. i'll give you that but we have had tax cuts over these 50 years. >> but hold on there, s
FOX News
Jul 1, 2017 8:00am PDT
will change. then how you deal with problems around the world like china and north korea and other issues, performance is the key. you start to get that in line in these polls will change. david: sometimes perception is not reality. i think of nato. remember when president trump was at the summit and they were snickering when he said you have to increase your nato spending? look what's happened. they have come up. they have increased by $12 billion their defense spending so he is making progress. >> yes he is. the head of nato, the secretary there, he's the european had, he said we really have shifted gears. he said you have to increase your spending on defense creating a dramatically catastrophic micro- flow into europe. the president is now saying we will help europe with tear and yes we will help defend you against russia so he is drawing a line. that's his red line in this sand. he is sticking to his promises. let's look at some specifics for the climate agreement, his decision to withdraw from the paris agreement, 71% of the folks abroad disapprove of that move. then on trade
FOX Business
Apr 2, 2017 3:00am EDT
china and india. there's an entrepreneur in india who's capturing carbon and repackaging this as baking soda. you know, you look at the stuff as a resource, not a pollutant. david: we've got to remember, every time we exhale we're polluting the world because that's a lot of carbon dioxide. what do you make, going back to the people on the left. there's so much to focus on in what they say. not only the exaggerations, often proved not true, but often a hypocrisy there, is there not? >> oh, yeah, there's a total overreaction. let's remember the vast majority of the world's population continues to migrate to the very coastal cities that all of these weak-kneed hess terriks, and when it goes to this, they're confused and it's a dollar phenomenon. david: and the climate scientists, even if they're actors and everything, has it kind of been unmasked by recent events? >> yes, david. that's why if you look at the public opinion polls in how they rate climate change in terms of their worries, barely gets a bump of an asterisk outside of hollywood. the reason is they've been exaggerated. c
FOX News
Apr 11, 2015 8:00am PDT
china and there was a suggestion that kissinger would support what he's doing. he doesn't support it. that view of history, the parallel between china and iran just doesn't work. >> i don't think so and i think it calls for being cautious. for months we've heard that isis was the big threat. my understanding now is that iran is the biggest threat to isis can vanquish isis, wants to do it. i think what this proves is we don't understand that part of the world and it's so dangerous to commit troops to something we clearly don't get. >> we're not talking about committing troops. we're talking about keeping our allies close, trusting our allies more than we do our enemies. you heard what the grand ayatollah said. i would call him an enemy, wouldn't you? >> david lease look at it this way. he says he wants the complete destruction of the united states and israel. what more do you need to say? >> exactly. i think that sums it up. >>> up next, so what do corruption charges against a big-name democrat have to do with reforming a government program that's wasting hundreds of billions of dolla
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