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tv   After the Bell  FOX Business  June 24, 2015 4:00pm-5:01pm EDT

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really? that was what they were talking about today. amazing. david: a fighting chance for trump. "the donald" closing second only to jeb bush in new hampshire polls. yet another gop contender throwing his name in the ring. as we hear the closing bells on wall street, we're at session lows by the way. as liz was just mentioning, of course greece weighing very heavily on the market. the fact that it looks like a deal might have fallen apart. [closing bell ringing] meanwhile something else that might affect the markets for tomorrow, a trade deal. this is not the pacific trade deal you've heard so much. this would give the president the authority to negotiate future trade deals. it is called the tpa. that is the trade presidential authority -- melissa: promotion. david: promotion, exactly. this is the senate going to be voting on it. only a simple majority needs to pass this thing. then it goes on to the house. we're not sure exactly when the house will be voting on it,
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melissa. melissa: that's right. david: fox news's chad pergram is in d.c. with more on this. chad, we -- no, we don't have chad. all right, the point is that the senate is expected to vote postively on this. again a simple majority will do. now chad pergram, our producer down in washington -- oh, ed henry is with us. we're jumping around like crazy with this breaking news. ed, we understand the senate will be voting for this thing. the big question is what happens in the house. >> you're exactly right. that's the bottom line. the senate is expected to pass this. the question moving forward is going to be how big of a vote is it, how much momentum is there to get it over to the house, to convince enough wavering democrats who broke from president obama, you remember the former house speaker nancy pelosi really drove the opposition saying there was not enough protections for organized labor, for example, to support these free-trade agreements that are coming up. so the bottom line, the senate
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is going to pass this. the markets already baked that into the cake. the question is going to be how much momentum is there. the expectation in washington right now has been that maybe the house is going to get this done. it is a matter of getting it back on the calendar once the senate is finished here. melissa: there are some acronyms in this it is hard for people to follow to know exactly what we're talking about. this is the trade promotion authority. what piece of this, what does that really mean? >> giving the president the executive power to move forward on the agreements. what tripped it up the other acronym about trade a justment assistance. which is a washington way of saying, how do you put some safeguards in place for organized labor, for environmental standards, for other pieces of this to make sure that it isn't just about helping big business. as you know the conversation not just in washington but out on the presidential campaign where i've been with hillary clinton has been, hillary clinton was a big supporter as secretary of state of these free-trade
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agreements. she started wavering. why, the opposition in the house among liberal democrats but also in the senate there has been pressure. bernie sanders is running against her in the presidential primaries as well as elizabeth warren. we heard this before that these agreements will protect organized labor but they end up helping corporate america. part of a broader debate in washington and campaign trail in 2016 about income inequality and wall street. david: you know how debates in washington work and we want to bring in peter barnes. there are always sweeteners, obamacare, the cornhusker deal, et cetera. there something called the taa i don't even know what the initials stand for. bottom line it is a grab bag of goodies for democrats who might not otherwise vote for this thing? when will that be voted on? democrats voted it down even though it benefited them a few weeks ago. >> that was the trade assistance authority that ed was referring to a moment ago. that package i think is about
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$1.8 billion who would provide financial assistance and job training for workers who might lose their job because of free trade. the senate will take this up after the vote on trade promotion authority, so-called fast track authority. that will also need 60-vote margin here as the trade promotion authority did just yesterday in the senate because they have to overcome a threat after filibuster on this however, because they did cut this deal with the democrats on getting the fast track piece of this done and they got that through with the 60 votes just yesterday, they are expected to have 60 votes for the taa acronym piece of this as well. and then once that happens, then that will also have, they will just approve that by, you know, probably 51, they need just 51 votes that goes over to the house as well where it is expected to be approved and sent to the president. they're trying to do both pieces
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and get it to the president by end of the week. melissa: trying to both piece, ed. this is just a framework. this isn't the actual deal, correct? >> exactly. hillary clinton says i don't need to take a position, a, i'm not a senator but b, the deal itself is not on the table. this is just about as peter so rightly reporting about the framework for an agreement. again washington debates about nothing in the long run, not the actual substance. also a debate about the assistance. for example, one of the goodies peter is referring to is one for the steel industry that has been hard hit in previous trade deals. this is a grab bag as you note, to try to bring along waivering lawmakers. hillary clinton has been avoiding a hard, firm position, for all this saying this is setting table for actual trans-pacific partnership, fancy way of saying an asian trade agreement coming down the road. david: ed, there has been so many executive decisions made by
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president obama, a lot of them criticized for being overreach of presidential authority, that concern doesn't seem to bother republicans at this point because they're going to be giving the president a lot more power. >> you're right. and think, something to watch in 2016, we talk about the horse race on the presidential side. we'll get to the polls as you mentioned before, donald trump and others the republicans on the hill may face a backlash because they talked a lot after they won those midterms last time how they would stop the president's executive actions on health care, on immigration, and they have done very little on that number one. as you say in this case they're giving president obama more executive power. i think republicans like mitch mcconnell would push back they're hoping a republican president gets elected next time. that president, man or woman will have a chance to cut these free-trade agreements to have room to run. certainly right, on grassroots level a lot of frustration that president obama used all the executive power now you see republicans giving him more. say on balance they don't like
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giving this president power, future presidents will have it. number one. number two they think the economic benefits will be very important for the market. melissa: peter, although some have tried to frame the tpa giving both sides power in these agreements, both congress and the president. is that false? >> no, that's true because it gives, it gives congress the power to approve this deal and, and that is what most presidents in recent modern times have had as well. the whole idea here is that our trading partners are saying if, if they negotiate an agreement, with president obama, and then it is going to go to lawmakers and they will try to amend the deal that the president negotiates, what's the point, why do we spend all this time negotiating? so they want certainty here, whatever they negotiate with the president will not be changed by the congress when it comes down to a final vote in the congress. that is what fast track means. if this goes through a more
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streamlined process. david: stay with us. we'll follow the vote. it has commenced. as we expect it is only simple majority that is needed this probably will pass the senate. then it goes on to the house. we'll keep a tight eye on that. ed henry will stay with us. peter barnes is in washington maintaining his vigilant watch over the proceedings there. meanwhile want to get back to the markets because the dow ended at session lows, down over 170 points on the dow, as creditors reject ad last-ditch proposal from greece, throwing five months ever tortuous negotiations between the government in greece and creditors into a complete tailspin. greece's prime minister summoned to brussels in an effort to strike a deal with the imf and the e.u. it is the third time the eurozone finance ministers held meetings in less than a week and it is not looking good. on to kimberly foss, imperion wealth management and jason ross, lido advisors. kimberly, to you, what do the
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markets fear? do they fear a complete financial meltdown if the greece talks fall apart and they actually default? >> i think you're right. the markets are uncertain and they don't like uncertainty. they fear something like what you're just saying however, i don't think that was really the reality, it is somewhat baked into it. this is drama and greece. greece is about drama and politicians. you mix those two together. i think they will have a tough night ahead of them. i don't think there will be a resolution and maybe not even before june 30th but what we do know investors should focus on what they can control which is their allocation of their portfolios and ride through this volatility and what we're doing right now for our clients is to micro balance and rebalance in international if we're though in those. david: jason, the point this market, of course we've been through this before, every time it goes above 18,000 we think it
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found a base for another rise, it looked like it was climbing walls of worry. not so today. >> exactly. you have another factor which has not been mentioned thus far on the show which could be in hindsight called the icahn top. i'm not saying this is a top forever but when you have big billionaires talking their ideas about the market, you have generally speaking a retail investors paying attention. that is not to be underestimated. i do believe that over 50% of this selloff is due to the greece uncertainty, however 20, 30, maybe 40% of this selloff is due to my opinion carl icahn saying this market is blatantly overheated, right? david: do you agree or disagree with icahn on that? >> i agree. the thing is, you have, you have a market that is climbing this wall of worry in the face of a u.s. fed that is really trying to convince the markets that there is going to be interest rate rises happening. david: it didn't climb that wall
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today at all. and, kimberly, the fact we got revised figures on the gdp. yes, it was a little improved but still was down significantly. look at stocks like walmart and other retail stocks. let's focus on walmart. the past six months that stock is down well over 20%. that seems to be more than just about the weather. >> i'm not sure about what the revision is due to but it could be more the weather and port issues in california but i think looking forward, david, we're looking more of 2 1/2 to 3% gdp in the next quarter and here's a good reason why. a part of that is the consumer spending. we're looking at, you know, wage growth. we're looking at the market is still good. we're still looking at cheap gas prices and housing starts really turned around. although the first quarter was slow and revised lower, a little bit better, i think going forward we're looking at a more
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positive outbreak for the market and a more positive for the economy as a whole. david: all right. well from your lips to the retail gods because walmart is not so happy. kimberly, jason, thanks very much. good stuff. appreciate it. melissa: another live look at the senate floor where lawmakers are voting whether or not to hand president obama a big victory on trade. we're going to bring you this tally as it happens. it's a simple majority we're looking for on this. we'll keep an eye on it and bring it to you if it happens. david: he will have a lot more power once this thing is over. jeb bush nearly trumped donald zeroing in on the former governor in a key state. melissa: that's right. millenials just want to have fun. the generation choosing responsibility over frivolous expenses. well sort of. sort of. david: plus, so mcfly. the back to the future hover board actually moving closer to becoming reality. you want to stay tuned for this. ♪ [dad]i wear a dozen different hats
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david: let's take a love like on the senate floor where lawmakers are looking to hand president obama a big victory on trade. this is not the last vote. it has to still go through the house. but a simple majority could pass the practices track authority to the president. we'll bring you the result as soon as we get the tally in. melissa? melissa: dzhokhar tsarnaev was sentenced today and the 20 union -- 21-year-old apologizing to the victims about the pain he caused to them two years ago. a victim spoke earlier about the insincerity about his words. >> he threw in an apology to the survivors that seemed insincere and just thrown in because he was supposed to. he ended again with allah talking about leniency, implying we should be now lenient to him
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because allah says so. melissa: joining me, harris faulkner fox report kang or on sunday nights and host of "outnumbered." the fabulous harris faulkner. >> you were on earlier today. deja vu all over again. melissa: after the show i watched this. these people were furious with him, furious. >> so the first two victims we heard from, the survivors, melissa, had hidden injuries they wanted to talk to the world about today. this was their opportunity to do this. it was indicated from what they were saying that they might not have taken such a wide opportunity to do this had he not spoken out. no one saw that coming among these victims because, legally, they don't have to declare whether or not he is going to say anything in court. melissa: yeah. >> so he pops up. they hadn't heard his voice since he put in his plea of not guilty. all that time, now to hear from him today, they're suffering from bilateral deafness, both these people have bilateral hearing aids.
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they are talking about their severe injuries. one was a mile away, excuse me, a block away from the blast inside of her apartment. a third younger man spoke. he was walking home from work that day, the day of the -- i didn't have anything to do with the boston marathon. i was coming home from work. he is in his 20s. he was attending a nearby university there in boston. he said i too suffered injuries, however, i forgiven him. and i mean, what that young man said was so powerful and just power of forgiveness. he went on to talk about how surprised he was to hear the voice. there was a little bit of disagreement, but you can understand that among victims pause everybody suffers differently. but everybody was surprised. disagreement how it would heal, some felt it would, some felt it wouldn't. i want to say this. dzhokhar tsarnaev is now in the custody of the boston pd. he will next be moved to the bureau of prisons. there may be a delay or not to
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put him in terra haute where the execution will happen. there is federal moratorium on executions. they want to figure out which cocktail of drugs to execute him. they haven't executed somebody in years. this plays out and you have an appeals case will be filed in couple weeks. melissa: that is the discussion now, how much of an appeal will he mount. do we have any clue on that? >> i think we got our clue when he decided to talk in court. i think you always get your clue which someone has been described up to now where there are no cameras, federal law, federal court, to have looked like he was not remorseful. to have looked like he was not completely acknowledging the crime. completely disengaged. melissa: is this a sign that he will fight? >> this is a sign someone may have a legal discussion. judge napolitano we had on the last hour because i filled in for shepherd smith today. you give your lawyers an opening
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thousand to defend you better. he doesn't think this will be overturned in appeals court fashion but it gives them room. if you remain non-remorseful and don't acknowledge the crime it gives them no place to work from. he basically cracked open the door. it may be an indication this may be a clear martyr, we don't know how much he said. really hadn't talked about islam until today. melissa: right. >> we don't know how much martyrdom was in his mind. what we do know, he has given his attorneys a way to fight for his life. melissa: harris faulkner, thank you so much for that. >> absolutely. melissa: tune in to "outnumbered" on fox news channel with harris faulkner and myself, weekdays, noon eastern. >> all right. melissa: david? david: we have an earnings alert. bed, bath & beyond numbers are out. the stock is trading down after-hours. what were the earnings, adam? >> miss on the first quarter. revenue right in line, roughly
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2.738 billion. street expected 2.74 billion. shares trading down slightly in the after market. david? david: thanks very much, adam shapiro. we want to take a live look at the senate floor where lawmakers are voting whether or not to hand president obama a big victory on trade. before i said the house has to pass it. that is incorrect. the house passed this particular part of the trade agenda. this is the presidential authority to fast track on trade deals. house passed it. it went to the senate. the president would then sign it once the senate agrees to this. there are a whole bunch of other trade deals that have to be made or trade votes that have to be be made before we finally get to that pacific trade deal. but again the senate is about to approve. once the senate approves, it goes to the president where he will sign it. a big victory for president obama on trade. we'll bring you that tally as soon as it happens. ♪ i can think about is getting relief.
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see car insurance in a whole new light. liberty mutual insurance. melissa: this is a live look at the senate floor where lawmakers are voting on whether or not to hand president obama a big victory on trade. we have 50 votes right now. to the plus side i understand, positive. that means they have enough for passage. i want to bring harris faulker back in. this is another issue out of washington you're watching closely. what do you think of this? >> we didn't anticipate this wouldn't pass. we anticipate this will go on to the president's desk and it will become law. we saw something in the house we probably hadn't anticipated. the president could not have gotten this done if it had not been for republicans being able to push forward splitting up issues on this bill and pulling over democrats. think about that. he couldn't get democrat votes on trades.
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took republicans to palatable. brought over 46 democrats in the house. that got it to the point going to the senate. i'll reading in the last little while, harry reid still calling this bad for the country. you have animosity for the democrats. says all we have to have is trade adjustment assistance. this is it bad for the country says senator reid. you have unhappy democrats in all of this. president will get what he wants >> it is amazing. when it first appeared, president almost begging, when nancy pelosi voted against him in the same move. so just, this has been a very interesting back and forth. now we talk about the power this gives him, but along the way it made him look sort of less powerful. >> that is interesting few because you had other people weigh in on this elizabeth warren out of massachusetts weigh in. hillary clinton, democratic presidential candidate weigh in
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and her thoughts about all this. the president really had headwinds in his own party. melissa: yeah, david? david: that is a great point. not only democrats unhappy with this, there are a number of republicans, particularly tea party republicans some who say the leadership, the republican leadership has overstepped their interests in agreeing with the president on a lot of these things, particularly the taa, that grab bag, costs about $2 billion of giveaways to union interests for the democrats to go along with this. republicans like congressman jim jordan, harris, don't like that grab bag of goodies for democrats. they also don't like the fact that they don't know everything that is in this trade bill. still a lot of secrets about what is going in. they're concerned some of the president's agenda on climate change may be shoehorned into this thing. >> that is something republicans and democrats have said. i think it is a little ironic from nancy pelosi wanting to know what is in a bill because
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with the health care reform we had to pass it to see what was in it. i'm not sure how, how really honest or open they're being about not being able to see it. they can't read it. david: i'm talking about republicans concerned about what is in this bill are concern going back to their constituents. they screamed bloody murder when nancy pelosi said we have to pass it first without knowing what is in it. they don't want to go along with the pelosi thing with regard to the trade bill. melissa: peter barnes is standing by. we see senate garnered enough votes for the fast track trade deal. remind us where we go, peter? >> we go to the white house with just this piece. to clarify the house already passed this. the senate is passing the identical bill. as we've been reporting it needs 51 votes. this piece of it is a done deal. this fast track authority bill now goes to the white house. however, what the white house has been saying it wants to do
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the fast track piece with this worker assistance program, this $1.8 billion to help workers who might get hurt by freer trade. and interestingly earlier this week white house press secretary josh earnest kind of held a hammer over some democrats who have been unhappy about the fast track bill saying, listen, if you guys, we want the assistance bill too. this is something that democrats helped to create back in the 90 es a when president clinton was trying to do nafta. this is something they supported for a long time. hey, if you guys don't want to support it this time the president will still sign the fast track bill. he will have what he needs. democrats if you want help for union workers you need to approve this. so i think this will be approved. stuart: peter, how long before the actual pacific trade deal goes through and is voted on? >> well, so they're down to the final round of negotiations but again, our trading partners in the pacific region have been
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waiting on congress to approve this, to approve the fast track legislation. before they get to the final round of negotiations, and, you know he, that will likely be done before the end of the year. that is what actually, you know a lot of members, republican and democrat have been concerned about, is details and in the actual trade deal. that is what they want to see. they want to make sure they have this review authority. melissa: what was that piece you're looking at, harris? >> david you are mentioning the republican who are against this, peter and david, i'm looking at this list from chad pergram from our producer, senator ted cruz was a new flip from yea to nay on this there were several absence. five republicans who were expected to vote this on the list. just interesting from what you were saying, david, some of it has to do with the fact that they simply don't know what's in it. and just not want wanting to appear hypocritical on that point. david: peter, a lot of animosity
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in the beltway about that mentality that was exemplified saying you have to pass this first to find out what it is in it. >> congress, once burned twice shy. they don't want a repeat of the obamacare legislation a 950 beige bill, speaker pelosi, excuse me, leader pelosi said we have to pass it to find out what's in it. they don't want, they are not going down that road again. they are not going to go down that road again. melissa: every issue becomes an election issue. we're talking hillary clinton coming down on this, i don't need to weigh in. as you talk about the folks that are flipping everyone is worried what is my record will look like if i vote for or against this when we don't necessarily know what it is all about. >> with regard to hillary clinton it is interesting too because she is more and more starting to mirror a little bit senator elizabeth warren out of massachusetts on issues like this. i wonder how much of that is a little bit of gamesmanship with
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regards how will my future competitor come down on this? her voting record is behind her as senator for new york. moving forward that might be part of gamesmanship and playing. we're looking at more breaking news as we watch this happen on the floor. david: they're just tallying the votes now. when the gavel comes down this thing moves on to the president. we have to wait for the gavel. look at that, 60 votes, well above majority needed, peter in order to pass. this thing is going to the president. by the way is hillary clinton ever declared? because before she seemed to be in favor of fast track authority. what about thousand? >> she was clearly in favor of it when the president was talking about it when she was secretary of state and part of the administration. but now she has been holding her fire. david: peter, sorry to interrupt, i want to let you know, it was a quiet gavel, you about he managed to knock it down. that is actual senator tim scott
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from south carolina. the senate approved officially the trade authority. >> is that it right there? david: i believe so. >> that was very silent gavel. david: it was a quiet gavel. >> that is gavel light. hillary clinton was her whole point was criticizing the president for not listening to democrats in his own party. that is great gamesmanship if you're running. oh, i'm willing to listen to everybody but that doesn't necessarily mean you've taken a position. melissa: no. sometimes the positions are trying to mirror, remind people what it was like when her husband was president to be on that side. seems like she is leaning more towards trying to be like elizabeth warren so she doesn't get outflanked from left of her party. in any case the senate tends tpa to the president now. that is final. david? david: new documents reveal the u.s. and other world powers willing to offer iran state-of-the-art nuclear equipment as part of a proposed nuke deal. what's up with that? we have more coming up. melissa? melissa: the president promises
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as the company that's all about printing. but did you know we also support hospitals using electronic health records for more than 30 million patients? or that our software helps over 20 million smartphone users remotely configure e-mail every month? or how about processing
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nearly $5 billion in electronic toll payments a year? in fact, today's xerox is working in surprising ways to help companies simplify the way work gets done and life gets lived. with xerox, you're ready for real business. david: extremely graphic and disturbing new video released on internet depicting execution of dozens by isis using truly
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barbaric methods. these images especially poignant as the white house reversing its policy of negotiating with terrorists. melissa: wow. one man speaking out against the change in white house policy to allow individuals to pay ransom directly to terrorist organizations, former mayor rudy giuliani. here is what he told neil cavuto earlier on "coast to coast." >> the minute you start paying ransoms you will have more kidnappings. we had kidnappings in the u.s. before lipped berg because we paid ransom. we have very few kidnaps since lipped berg because you we don't pay ransom. you can't pay ransom. it is terrible. it is heart breaking. >> so the big question as you said, should individuals be allowed to directly negotiate with terrorists? should we advertise this change in policy? i'm joined by charles stinson, christian white man and. thank you all for joining us. charles, let me start with you.
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what do you think of this? >> i agree with mayor giuliani's statement in principle. i think it is common sense policy if you pay people to do something they will do more of it. that is true in stocks policy by the -- tax policy by the way as well. i read the presidential directive and accompanying executive order. it was not as bad as what it was going to be and papers reported it to be. melissa: what do you mean? >> most of the executive order, ppd, the presidential policy directive, focuses on providing these families here in the united states with more information. a single point of entry into the federal government about what is happening. much there is not a mention of deferred prosecutions for people violating ransom policy and there is no mention of negotiating with terrorist organizations. >> i have to stop you there, charles. i watched entire press conference earlier today. that is not what he said at all. he talked about the piece at all but he also said we want to be
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involved to help the communication, whether it is with the families and with terrorists or with a third party and terrorists, they want to be involved in helping with the payments. he emphasized they have never prosecuted anyone for paying terrorists in the past. >> right. melissa: they're certainly not going to now. so if anything, he was very much, sort of hanging out the for sale sign, saying we'll go ahead and negotiate and help people pay. >> yes. melissa: let me ask christian. get in on this conversation. >> it is worse than what rudy said it was. this is the government covering its tracks in the wake of warren weinstein. the weinstein was contractor, kidnapped, handed over to al qaeda. the u.s. bost helped his family, or people associated with him, to pay money that made its way to al qaeda. this will have magnified, will encourage people to give money to terrorists essentially. and it is one thing to look the other way, saying hey we'll not prosecute these families for giving material support to
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terrorism but this does involve the u.s. government directly in negotiating and giving payola to terrorist the and this is wrong. melissa: yes. michael, he mentioned during the speech he wants to make sure families don't get ripped off. that is amazing statement. >> at that point families don't care about anything other than getting their family member back. i was struck by the second provision here too which is the idea that government officials can now talk directly to the terrorists, including like islamic state. now that strikes me as another open door to a very bad outcome which is that if we're going to now talk to them but we can't make significant or serious compromises or concessions, of course that is all in the matter of definition. so if we end up paying through a third party, so i just think this opens the door and ultimately, i think it does encourage the taking of american hostages because either the family or the government will get, give you something in the end. melissa: meanwhile a shocking revelation in the iran nuclear deal.
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a confidential document uncovered by the associated press detailing how the u.s. and its allies are prepared to give iran state-of-the-art nuclear equipment for return in paring down the atom i can arsenal as part of a final deal with the rogue nation. charles, what are your thoughts on this? >> as my colleague jim phillips who is an iran expert wrote and said, it is essentially a bribe. it's a bribe to increase our negotiating posture as we come up on the june 30th deadline. if the ayatollah's comments are taken seriously and they take a hard-line there will be no inspections of military facilities, that should be a red line and there should be no deal period. melissa: christian, do you agree with that? >> yes. this is just the continued defining down from this agreement. we've gone from supposedly disarming iran to sanctifying them as nuclear state. this is dual purpose. if you give them nuclear technology in one area, they will use it in other areas. we defined down what they have
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to fest up in terms of prior conduct and prior conduct in terms of verification --ness. this is very reminiscent of failed deal of north korea and led to nuclear armed north korea. melissa: we have, david, sorry over to you. david: we'll talk about politics over here. another hat or two about to be thrown into the lilt call ring. the race for the white house getting crowded at least on the republican side. how the candidates are all stacking up. our panel weighing in coming next. who says you can't have it all? one father pulling double duty, baseball fan, and get this, look at that, babysitter at the same time! was there anything wrong with that? okay, we'll talk about coming up. ♪ can you spot the difference? the wind farm on the right was created using digital models and real world location-based specs that taught it how to follow the wind.
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melissa: to be story of the hour, the senate approved fast
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track trade authority, with the vote in favor of 60-8. -- 60-38. the house a approved the deal and it heads to the president. david: donald trump skyrocketing number two spot in the new hampshire polls behind jeb bush which he complained, i'm not thrilled, how could bush be if first place? because he can't negotiate his way out of a paper bag. will trump stay hot. "new york post" columnist michael goodwin and "forbes" contributor, star of "forbes on fox," carey sheffield. michael, gop establishment can't be happy with trump dumping on a guy that could be the nominee. >> time after time, trump shows how he would do it. i would take issue with second place finish. 11%. 14% is the leader. it is such a divided field. david: it is. >> people who have announced are all doing better than those who
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haven't yet announced. i think it is awfully early. i think donald trump win burn out. david: trump gets so much traction and press, carey. he is pushing this anti-establishment line very popular whether republican or democrats. i'm wondering if that might not be helpful to somebody like scott walker, who is much more anti-establishment than jeb bush? >> right. well i do agree he will flame out like he flamed out in 2012. he polled well right out of the gate. you're right, he is a genius getting attention. ultimately he is too polarizing but you if you look at him -- david: talk specifically, what he is doing now, pushing anti-establishment line could that be perhaps helpful down the line to scott walker who is not inside of the beltway? >> i think it could especially in state like new hampshire which has very independent strain and notion that trump speaks to d.c. screwing the rest of us, beltway bubble. that hit as nerve. that is part of why he is polling well. david: michael, is trump really
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serious? charlie gasparino says he is doing it for marketing to market the trump name. >> donald trump is shameless. he might well do it -- david: shameless but fun, a lot of fun. >> he is great for the media. he is stirs the pot. he is like throwing a grenade in pond. you get the fish that way but the question is, can he really go the distance? is he a serious candidate for presidency? i think not but so far he is shaking things up. david: i have to talk about one person who is a certainly candidate the question whether he has enough numbers. that is bobby jindal the governor of louisiana. he is declaring. do you think he should be taken seriously. >> well, the recent fox poll put him below, none of the above, so i don't think he will get traction. david: he is a smart man. >> here is the problem, he turned this ship to be social issue person whereas before he was a wonder kid. he was a policy wonk. was elected, youngest, only indian-american governor ever elected at age 36. ran the health department in
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louisiana. he went from being rhodes scholar persona to basically being a mr. soaks issues. i don't think it will work -- social issues. david: thank you, guys. we'll leave it a a that the. we have a lot of breaking news. medical list. >> give responsible? millenials opting for the safetl play. we'll be right back. ud enables is computing to empower cancer researchers. it used to take two weeks to sequence and analyze a genome; with the microsoft cloud we can analyze 100 per day. whatever i can do to help compute a cure for cancer, that's what i'd like to do. new york state is reinventing by leading the way on tax cuts. we cut the rates on personal income taxes. we enacted the lowest corporate tax rate since 1968.
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melissa: millenials overwhelmed by debt, if given a lump sum of money, more than 40% would use all of it to pay off their bills. according to a recent report by goldman sachs. pack back with us, the founder and president of empire i don't know wealth management.
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catherine voss. on one hand this is responsible. they won't gamble it and pay off their bills but on the other hand it says a lot about millenials. rather than investing for the future they would be forced to pay off money they already spent in the past. >> absolutely. i would definitely not spend it gambling. i definitely have debt from college. that is the first thing i would pay off. that isn't getting you to scare one. getting you from losing more money paying interesting. that is typical, if you need to go to school, unless you have some source of wealth like parent pay for it or something like that, yeah you will have debt that you will have to pay. melissa: kimberly, i don't know what it says about the economy going forward. when you think of young up-and-coming people, get a lump sum of money, think about them buying a house, starting a business, investing in the stock market. things that would help the money grow for their future and help the economy grow. paying off debt doesn't do that. >> yeah, but, to your other
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guest's point, having debt and having it cost on average somewhere 6 to 8%, it is $30,000 as a graduate is graduating with $30,000 in debt an taking anywhere 15 to 18 years, melissa to pay that off. if you're not paying that off, you're going backwards. i applaud as millenials to look at it. they might not have the financial resources but at least the mine set is there. yes, to your question it will hurt the economy for the long term because they're pushing off buying a home five or 10 years. melissa: to graduate from school this much in debt, seems like, catherine, maybe the education was not such a great investment. should more millenials go to more affordable schools, technical schools, public schools or maybe if you're carrying this much debt you didn't get a degree in something that paid off and helped you make money to pay off. >> i hate to say this. whatever interest you're going,
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i would say maybe it is bad to go tens of thousands of dollars into debt to get a degree where you know you might not be able to use it. you need to be practical. sometimes that is not practical. maybe community college a few years. it is smart to pay off debt but better to pay off. melissa: don't get into it in the first place. thanks to both of you. david? david: incredible catch. can't get enough about this video. a baseball game by the father, feeding his baby. not only holding the baby but look, the baby has a bottle in his mouth. does he deserve a pat on the back or a rap on the knuckles?
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if you're an adult with type 2 diabetes and your a1c is not at goal with certain diabetes pills or daily insulin, your doctor may be talking about adding medication to help lower your a1c. ask your doctor if adding once-a-week tanzeum is right for you. once-a-week tanzeum is an injectable prescription medicine that may improve blood sugar in adults with type 2 diabetes, along with diet and exercise.
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once-a-week tanzeum works by helping your body release its own natural insulin when it's needed. tanzeum is not recommended as the first medicine to treat diabetes or in people with severe stomach or intestinal problems. tanzeum is not insulin. it is not used to treat type 1 diabetes or diabetic ketoacidosis, and has not been studied with mealtime insulin. do not take tanzeum if you or your family have a history of medullary thyroid cancer or multiple endocrine neoplasia syndrome type 2, or if you're allergic to tanzeum or any of its ingredients. stop using tanzeum and call your doctor right away if you experience symptoms of a serious allergic reaction which may include itching, rash, or difficulty breathing; if you have signs of pancreatitis, such as severe stomach pain that will not go away and may move to your back, with or without vomiting; or if you have symptoms of thyroid cancer which include a lump or swelling in your neck, hoarseness, trouble swallowing, or shortness of breath. before using tanzeum, talk to your doctor about your medical conditions, all medicines you're taking, if you're nursing,
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pregnant, or may become pregnant. and about low blood sugar and how to manage it. taking tanzeum with a sulfonylurea or insulin increases your risk for low blood sugar. common side effects with tanzeum include diarrhea, nausea, injection site reactions, cough, back pain, and cold or flu symptoms. some serious side effects can lead to dehydration which may cause kidney failure. ask your doctor if adding once-a-week tanzeum is right for you. go to tanzeum.com to learn if you may be eligible to receive tanzeum free for 12 months. make every week a tanzeum week. david: talk about a clutch play, take a look at this. this is the cubs-dodgers game last night, coming from a fan. keith hartley was his name. he beat dodgers first baseman adrian gonzalez. look closely what is in his other hand, not only baby, but
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the baby was holding a bottle. he held the baby and -- >> that is his fifth or sixth kid. he was awesome. david: baby was fine with it all. >> that does it for us. deirdre bolton through the negligence next hour. deirdre: multitasking, david and melissa. the fbi says critical infrastructure is vulnerable. we'll tell you which utility systems are most ripe for attack leaked documents show that u.s. has been spying on france for at least 10 years. alibaba is coming to hollywood. we'll tell you all about it. "risk & reward" starts right now. deirdre: here's the most important news of the day, the

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