tv Lou Dobbs Tonight FOX Business December 8, 2018 1:00am-2:00am EST
his own life. i will be back next week right here on "wsj at large." hope to see you then. thank you for joining us and good-bye. [♪] lou: good evening. our top stories, president trump making it official, nominating former u.s. attorney william barr to lead the justice department. president trump: i want to confirm that bill barr, one of the most of respected jurists in the country, highly respected lawyer. he'll be nominated for the united states attorney general. hopefully that process will go quickly. he was my first choice from day one. respected by republicans and respected by democrats. lou: some radical dems already
casting aspersions on the president's highly qualified choice. we'll be talking about former reagan white house political director, ed rollins. disgraced former fbi director james comey back on capitol hill with his patented smirk where he testified in a closed door hearing. the house judiciary committee heard about his refusal to speak about a number of cases. house republicans frustrated with comey's lack of cooperation. he refused to answer questions at the center of their so-called investigation. comey wasted no time in taking a shot at president trump and his criticism of the fbi and the justice department. >> the president's attacks on the justice department broadly and the fbi, it's something no matter what political party you
are in you should find deeply troubling and speak out about. lou: of course the former fbi director who refuses to answer questions of the congressional committee that has constitutional oversee it responsibilities. quite a fellow. comey's whining sounds like little more than frustration over the president's justified decision to fire him. the president said in june that removing comey was more than warranted. president trump: i think james comey was unfair to the people of this country. i think he goes down as the worst fbi director in the country, there is nobody even close. and i did the country a favor by firing him. former trump campaign chair paul manafort. congressman matt gaetz joins to us assess all that and more. turmoil in france.
middle class, teachers, students taking to the streets to protest the policies of emmanuel macron. he himself has gone into hiding. he has not been seen in french media, and wall street sees its worst week since march. the s & p and nasdaq all down more than 4%. we begin with president trump nominating william barr to replace jeff sessions as attorney general. president trump: bill previously led the justice department under george h.w. bush following his unanimous confirmation by the united states senate. he demonstrated an unwavering
adherence to the rule of law. there is no one more qualified or capable for this role. lou: as attorney general under george h.w. bush. he was confirmed unanimously. imagine that. but today in a statement senator chuck schumer said barr has a big hill to climb in his investigation saying that barr db -- are you ready for this? -- must commit first that the special counsel's investigation there proceed unimpede and the final report will be made available to the congress and the public immediately upon completion. this is a sense of arrogance on the part of the democrat leader of the senate. radical dem nancy pelosi taking
a wrecking ball to bipartisanship early. in her statement today she said quote within this nomination is the latest in the president's pattern of installing partisan hacks in the highest reaches of our government who will happily do his bidding. imagine, unanimously confirmed under president george h.w. bush, now being called a hack by the speaker-to-be. president trump announcing his long expected replacement for u.n. ambassador nikki haley. state department spokeswoman and former fox news host, heather nauert. president trump: she is very smart and very quick and i think she'll be respected by all. she'll be nominated as the ambassador to the united nations. lou: tomorrow he'll'' mom name
it general mark milling to replace general dunford. it won't be effective until october of next year. trade tensions and interest rates being blamed for another sell-off on wall street. the dow jones industrials down almost 560 pints, wiping out the -- 560 points, wiping out the gains for the year. the s & p negative for the year as well. the nasdaq lost 219 points. netflix hit hardest, down 6%. how much money was really lost? the index ended down 1,300
points. a 4.6% decline. congressman fall gosar is joining me. he has bent chair of the western caucus. great to have you with me, congressman. your reaction to first of all the former fbi director fired by this president. >> you have got a guy that grandstands. he definitely overreached. the attorney general loretta lynch in his jurisdiction over the email scandal for hillary clinton, and he still continues to spoof at lawmakers who have oversight. from my understanding today he had the liberty of a department of justice attorney who interrupted numerous times and told him not to answer
questions. indianapolis an interesting take. -- that's an interesting take. here is a guy who mugged the whole jurisdiction, particularly with the team scandal. rod rosenstein presented the documentation to fire him. he should have been fired. lou: that would be the general view. it's certainly the republican view. my responsibility runs to the republican conference itself the past two years. time is about to expire. you watched your leadership stall this president, subvert this president, and particularly the judiciary committee helped the democrats run out the clock on any kind of meaningful result from investigation, only the house intelligence committee can claim that under devin nunes. your thoughts on what they mean now for a president encumbered by a democratic house.
>> we squandered two years, lou. i have been one of those people that happily joined the fray in trying to hold our leadership accountable trying to get stuff done. but we'll find ourselves looking back saying i wish i woulda coulda shoulda. they have taken the fight out of the legislative process. now we'll have to depend upon the president standing by his word of vetoing a bad bill coming. that's what's coming. everybody is lined up right before christmas want to go know home, and they will pass anything so they don't have to make footprints in the sand. i think it's sad where we find ourselves today. what will be the difference between our leadership and their leadership? i fought our leadership just as
i will fight this leadership. we'll hold them accountable. lou: i appreciate your candor. i know it's difficult as you reflect on this congress winding down. this is a president frankly, the congressional leadership was not worthy of this president, wasn't worthy of the american people. and to have let paul ryan in that speaker's office after he resigned 8 months ago, that's a choice the conference made. i don't know if i will ever understand it. do you? >> i was one of those people that lost confidence and wanted him out. i wanted to look at vacating the chair earlier on this year. lou: one congressman makes a motion to vacate. >> it only takes one person. but you have to have an
organized backing. even some of the freedom caucus people say that. if we had called this before we went on october recess. we had a democratic party ripe for turmoil. it was like throwing a piece of dynamite into their caucus. maybe it could have been different in the election process. the same thing with ours. maybe it would have given us to show the american people new ideas and a new direction. trying to do the same thing over and over again expecting different results is insanity. lou: congressman great to have you with us. congressman paul goesar. we'll examine what's going on in the special counsel's office. why are all these black lines in everything the special counsel releases. the radical left has no interest
in seeking truth, calling the testimony from former fbi director james comey a waste of time. they may be right. >> there was nothing of substance to former secretary of state hillary clinton's emails. >> obstruction and justice are the news of the day right now. >> this is a last-ditch attempt to try to frame the investigations that are going on and undermine the investigations. >> this is a witch hunt, kangaroo court and three-ring circus all wrapped up in one. it's been a waste of taxpayer dollars. lou: we take that up as well as new filings from the special counsel. congressman matt gaetz joins us
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economic council larry kudlow said president trump may extend that 90-day period in which he established to have some sort of agreement on the china tariff hikes and the level of trade. kudlow said it would happen only if there is good solid movement and good action. what in the world does that mean? soon after kudlow made his comments, the white house trade advisor, peter navarro said the president will raise tariffs if the united states and china fail to reach an agreement. joining me now, top strategist and reagan political director, ed rollins. what is going on with kudlow and navarro? ed: the stock market crashed again today. every time they make idiotic statements, people don't know
what's going on. i think we keep -- lou: does kudlow hear what the president says? the president said we are not going to give the enemy the benefit of knowing what our timetables are.ef and what we'll do with those timetables andit what we'll do with -- he was talking about our military particularly inla afghanistan. but to say to the chinese, you have basically got all the time you want. forget the 90 days, undercutting the president. ed:id larry ought to keep his mouth shut until the president want counsel from him. the chinese are saying we are going to keep doing what we are doing and we'll win this battle because these guys are totally confused. lou:in the president making two
important announcements for u.n. ambassador and the department of justice, the attorney general. yourur thought on both. ed: both are great choices. she is very articulate. she has learned a lot about foreign policy, and she'll be a great spokesperson. and that's a lot of what the u.n. ambassador does, the decisions are made by the president or secretary of state. lou: you wouldn't know that hearing people talk about the current ambassador. you would think she was setting policy. >> you go out and articulate it and she is topnotch. barr was the attorney general. he doesn't have a big ego. he has the confidence to set that placeir straight to get it doing way it's supposed to be doing. lou: you just heard paul gosar
talking about the failed, lost opportunities of the last two years much this congress. it's a shame. and it's all to me it seems to be purely on both the conference who tolerated paul ryan who kept him there for 8 months after he resigned. ed: the money was the speaker's money. the strategy was the speaker's strategy, and they lost 40 seats. that's like a watergate year. we had a strong economy. and -- lou: what more could the president of the united states have done. then to goop out with those rins in leadership who undercut him at every turn then just threw away the congress. ed: they better get in the
mindset now. and i think some of them will. they are the opposition party and they won't be the majority party unless they fight and fight hard. these democrats are going to come after this president. and they have to protect them. their job is to basically protect them and not be playing those stupid games anymore. lou: for me there aren't word to express how frustrating it has been to watch that so-called leadership destroy careers, destroy the republican party's immense opportunities with a president who has shown them how to win, then sit there and listen to paul ryan who didn't spend the money he raised to support those candidates. absolute ignorance and incompetence. by the way, it's as much my
fault as yours. we are just dealing with the reality. >> we are down to minimum seats in california. new york city no congressman representing staten you island. we got clobbered. lou: the voter margin between democrats and republicans. ed: eight or the points, the highest ever. >> be sure to vote in our poll tonight. president macron of france predicting his country will be swept by violent protests. macron, where is he? he's no are to be found and he's not in the french media. the question is this. do you believe the massive demonstrations in france and president macron's plummeting approval rating should be a
warning too socialist leaders. follow me on facebook and instagram @loudobbstonight. paris burning. bracing for another weekend of trouble. tammy bruce is joining me. stay with us. i'm snow. and just like you, the further into winter we go, the heavier i get. and while your pants struggle to support the heavier you, your roof struggles to support the heavier me. crash! and your cut-rate insurance might not pay for this. so get allstate, you could save money and be better protected from mayhem like me. mayhem is everywhere. so get an allstate agent. are you in good hands?
is so important because when jacob's included he feels like he can succeed in life and he feels like he actually has a purpose. lou: the outraged middle class in france are doing something about their frustration. they are rocking the streets in pariss against the socialist policies of the socialist elitistbu president emmanuel macron. but if the french government is warning of violence over the weekend, the president is nowhere to be found. he stayed out of view nearly the entire week.
the slogan of the protesters is macron resign. you can't even see him on french media. he's f unavailable. joining me is tammy bruce. a fox news contributor. this is a remarkable thing taking place in france, greece and italy and much of the european union. the divide between the elitist, thend middle class, the socialis and those looking to their government for real action has never been wider. tammy: it's due to the general chaos boiling under the surface for many years because of the e.u. you have companies with the same currency but not the same rules involving the currency. the mass immigration merkel started. it does not allow for any wiggle room.
if you are sitting on an edge. what donald trump has aloud us to do. i know the market has been volatile but there is a space he created with such a strong economy. we have got a little bit of wiggle room that could handle chaos and volatility. what we are seeing in france is yes starting with middle class. but since isis was crushed, 6,000 europeans who went to be with isis turned back. 1,800 french isis supporters. you saw this. it's onech thing to demonstrate against the fuel tax. but they are also defacing war monuments and they had to close the museums because of threats against cultural landmarks. the french don't do this. this is something that has grown. lou: the french are expressing a level of frustration we haven't
seen in some time. not since the 60s and 70s have we seen this sort of demonstration. but we are also seeing an increasing, if you will, energy on the part of the elites. theyte are taking power with boh hands, and where we thought the e.u. would and for democracy, it now is bureaucracy and authoritarianism in effect because their rules are their rules, and the middle class has nowhere to turn. tammy: that's correct. the president warned macron, he warned merge and theresa may. and he was mocked. he said the european accord was undemocratic and the european press mocked him. now look at what's going on. merkel is leaving, theresa may with brexit. donald trump was kind enough to say these are mistakes.
leave the e.u. now we are seeing what happens when you don't listen to the president of the united states. lou: there are 40-some-odd republic cap congress men who can attest to the wisdom of buying attention to what this president is saying. the american people have got to be befuddled by this. a president who showed the republicans how to win and led them, produced more than any president in history. and somehow they tolerated a paul ryan as their speaker and a better way bunch of nonsense and destroyed their chances and destroyed their majority in the house. tammy: i think it proves their agenda forewas for themselves, not this country. president trump's crime is that he's interrupting their party. lou: he's interrupting the
elitistsni who want to run this country. that's why he's under assault, 24/7. up next, president trump vow to always fight for our brave law enforcement officers and protect our communities and our border. president trump: we'll not tolerate attacks on the heroes who defend our treats and protect our communities. my administration has made officer safety a top priority. we'll protect those who protect us. he american citizen is entitled to a safe community and a secure border. on behalf of a grateful nation, i just want to say we thank you, we salute you, and we stand with you 100%. all of us. lou: the president in kansas city. we take up our america first president and jack keane next.
quote despicable rogue approach with this arrest. meng will face prosecution in the united states. todayac marks the 77th anniversary of the attack and pearl harbor. japanese forces launched airstrikesce against our naval base in hawaii, saning five battle ships and damaging 23 more. 2100 americans were killed in that attack, most of of them on the u.s.s. arizona. joining me, general jack keane. this is the first time there will be no survivors of the arizona attack participating in the ceremonies in hawaii. it's an extraordinary part of our history. andr one that too often is simpy
forgotten. your thoughts? >> first of all, they will never beev forgotten. that's one of the great things abouthi this nation is we truly honor those who sacrificed everything to protect us. to keep values intact and what america stands for. so yes, it was an incredible day, a day that changed the world. that'sed the reality of it. lou: it did change the world. the united states today facing certainly the prospect much every bit as many forces that are hostile to our interests, to our way of life, whether it be china, russia, iran, or other countries around the world. but certainly right now in focus is china. and their intentions as the president is now engaged in a
90-day period to reach an agreement on balanced trade in the end of chinese theft of u.s. intellectual property and technology. how important is the outcome of these negotiations to frankly a world peace? >> it's critical. the national security strategy and the defense strategy derivative of it have both identified china as a strategic long-term threat to the security of the united states. that's not mincing words like the previous administration did when they tried to huddle around china as the opposed to identify them as a security threat. what this administration is trying to do is pushback. with the imbalance in trade, intellectual property being stolen, and intellectual property being transferred as at result of business deals.
the militarism which is a serious threat to our allies. this has to be confronted and this administration is doing just that. lou: president putin threatening to begin producing new missiles should the united states take the opportunity of withdrawing from the treaty with russia. to do so. vladimir putin appears to be provocative on every level whether it be working in concert with opec and driving against the u.s. interests. crude oil prices higher around the world by cutting production. whetheror it be threatening in point of fact the ukraine after having seized cried ma. there doesn't seem to be much end to the expansionist visions and ambitions of china and
russia. >> putin is very aggressive. he is a thug and a killer as we all know. but he's also a geopolitical strategist. he's constantly testing the thresholds to see if there is going to be opposition to what he'sng doing. blocking the ukrainian warships. he's trying to tie up ukraine from their ports north of the kurd straits. he's intimidating most of our european allies most of of whom are members of nato. genocide they are committing is significant. this administration has chosen not to give them a pass as the previous one has done, and it has chosen to c take putin on. we are moving in the right direction. you are going to see some u.s.
warships in the black sea. we flew over ukraine to demonstrate to them that we have an top skies treaty. we'll fly where we want to fly. that is something putin clearly understands. lou: the countervailing issue of aggression on the part of russia in this hemisphere. the expansion of chinese influence, and i'm talk about material influence, limit influencece in this hemisphere, whether it be venezuela, panama, central america, and at the same time iran. to be, you know, a featured port-of-call will be, caracas for the iranian -- first iranian warship to visit this hemisphere. we are under assault through the monroe doctrine is under assault. what will be our likely response? >> well, the good news is this
administration has identified all of these global security challenges that the united states are facing. they are on a scale that we haven't seen since the heart of the cold war. and the fact that they are as varied as they are makes it considerably more challenging. lou: we are not hearing the national left-wing media, general. the iranians, the chinese and the russians are in our sphere of influence. >> that's true. this is the price paid for 8 years of passivity. our adversaries are so emboldened, they come into our hemisphere. they are south of us. the iranians have is influence
in venezuela. the chinese have significant economic influence in central and south america. lou: good to have you here. general jack keane. attorneys for former fbi attorney james -- fbi director james comey block him from answering questions. we'll talk to congressman matt what he thinks they were hiding and why. i am a family man.
lou: our next guest in the closed door comey hearing today. congressman matt gaetz. werema you impressed by the canr of the former fired fbi director? >> not at all, lou. i was deeply concerned because there were a number of circumstances where james comey wouldn't give us honest answers. wouldn't tell us the truth, and would hide behind attorneys who were trying to suggest even though his service concluded a year and a half ago, that somehowde he couldn't tell us wt happened. >> that's on its face as you suggest, preposterous. but how are you able to conduct your constitutional
responsibilities ifve you can't have in a closed door hearing candid responses by a witness. >> that is the problem. comey would not share with us information about communication he had with the department of justice in october of 2017 about how insufficient the evidence was to be spying on people close to president trump. i think that's one of the reasons why there is a lack of confidence in that's fisa process. i have to share with you that during the breaks in this committee the behavior of the democratsio was disgusting. the same democrats who wanted comey fired when he provided information. emails on anthony weiner's laptop were begging comey to sign copies of his book. lou: they are doing a victory dance that they ran out the clock on the republicans for the
past two years. >> devin nunes gave the judiciary and oversight committees 42 names. he said let's get the evidence together andt compile it for a report. we didn't even make it a third of the way through the list. i don't think that's an accident. the' republican leadership did not want to truly unearth the extent ofar the deep state, tha. lou: remember the broadcast where you heard that first about paulab ryan and the rino cabal r two years. it's disgusting. let's turn to a different success. this is mark meadows, congressman meadows saying comey is coming back for a second round. we also hear that there will be a hearing on the hillary email
scandal because there are some whistleblowers. are youou kidding me? in the final weeks suddenly there is action here? >> this is like a student being a d minus student for the entire semester then running to the teacher at the very end begging for an "a." we should have interviewed rod rosenstein about wearing a wire on the president. we should have had loretta lynch give testimony about the tarmac meeting. without the majority, with the democrats about to be in control, while i'm pleased we were able to expose mccabe and peter strzok and lisa page, mccabe has been referred tore criminal f prosecution. lou: there have been letters written, he has been referred.
not one of them have suffered the consequences of their actions. >> they were unable to make a decision and unable to exercise control or jurisdiction over the deep state actor hospital totally had him under their spell. lou: the spell is broken, i believe. now youev are going to hear at gavel come down. and holding that gavel, non-other than nancy pelosi. what do the republicans do now about the deep state and the radical dems who have run the justice departmenthe and the fbi for all these years and have gotten away with what looks like the greatest political corruption in this country's history? >> i do disagree with the democrats. but i do not in any way impair theirr talent. there are democrats on the judiciary committee who will be more aggressive and i think wield the power of the committee
far better than we did. then we'll run back to our constituents and say we can't stop them. they are a majority. and honestly i think the answer is a lack of vague gore and focus and determination. if we bring that low-energy game into the 116th congress, donald trump will be impeached and it will be viewed as more legitimate man it is. i am concerned about where we are going. we are not tough enough on the people at the fbi and the department of justice, and i think it came from the top. lou: i think it came from the top, too. the shame is, with a president who is so entitled to the support of his party. that the leadership of the house was not worthy of this president, his efforts. imagine losing 40 seats with the
record of this president, his achievements,, successes, philosophy and commitment to the people who put him in office. i believe the house got the fate that it earned. the way, i think this such a fighter that even without the snowflakes of the republican party behind him. he'll show the democrats how to fight. and i think you can take that to the bank. i know you will have the support of congressman matt gaetz and a lot of the others to help him out in the times no matter how tough. congressman, it's great to have you with us. a remind tore vote in tonight's poll. do you believe the massive demonstrations in france should be a warning to all western leaders to abandon their socialist and globalist elite agendas? cast your vote @loudobbs.
former secretary of state rex tillerson saying he's dumb as a rock and lazy as hell. we'll see the next time tillerson comes out in public. it will probably be a while. we asked? you think other members of chinese firms should be arrested for violating sanctions. 94% said yes. the volume on the big board. 4.1 billion shares. s & p and nasdaq down nearly 5%. facebook down 2%. apple lost nearly 4%. netflix down 6%. google down 3%. crude oil up a%. crude oil prices rising after
opec's decision to cut oil prices by 2 billion barrels a day. copper relatively flat. and that's it for us tonight' thanks for being us. >> found in grandpa's attic... >> it was a dirty, dusty old box. and then it's like, "wow. i don't know what it is." >> ...a discovery that will make the baseball world flip. >> you've got honus wagner, ty cobb, cy young, christy mathewson. >> i'm thinking to myself, "oh, my god. i have $1 million sitting in a chair." >> but is it almost too much of a good thing? >> it certainly changes the market in a negative way. >> i'm jamie colby, and today, i'm in northwest ohio, on the edge of an area called the