tv Making Money With Charles Payne FOX Business April 2, 2019 2:00pm-3:00pm EDT
comments to come possibly from the president. nato secretary is inside of the white house. markets we're still down, nothing crazy but 105 points on the dow. see you with melissa at 4:00 eastern time. right now charles payne. charles: i'm charles payne this is "making money." stocks pulling back after this is typical consolidation. the fact that stocks are not lower i say is a bullish me message. profit warning from walgreens hitting the entire sector. this is reminder those names that miss could be punished severely. how should you prepare? that is coming up. president trump keeping up his threats to shut down the southern border as soon as this week and is now considering bringing on a border czar. rock star political panel will weigh in on that. any moment now president trump will welcome nato
secretary-general to mark the 70th anniversary of the alliance. anyone want to bet, will there be calls for every member to pay their fair share? what do you think? we'll go live to the white house. so much more on making money. charles: pulled my earpiece out by accident. president is meeting the, that is our big topic today, in fact president trump tweeting after many years, mexico is apprehending large numbers of people from their southern border, mostly from guatemala, honduras, el salvador they have all been taking u.s. money for years and doing absolutely nothing for us, just like the
democrats in congress. i will go to blake burman live at the white house with the latest. blake? reporter: charles, we need our technology. you the earpiece, me the the ipad. we await headlines from the oval office as president trump is meeting with nato secretary-general jens stoltenberg. you referenced the tweet the president sent out earlier today. seems if president trump is pleased or somewhat pleased some progress is made on the southern part of mexico as it relates to potentially dealing with immigration in that country as immigrants from the northern triangle try to make their way up north to the united states. the press secretary sarah sanders when we talked with her on the north lawn would not give timelines as when president trump might make a decision potentially closing the southern border with mexico, though she did say it is very real option, not the number one option, but
still the real option president trump is potentially dealing with. watch here. >> democrats are leaving us absolutely no choice at this point. we already had to move roughly 750 personnel from ports of entry at this point. it looks like we'll have to move more. which will force the lines to go longer to cross the border. eventually it may be that it is the best decision we close the border. reporter: we've seen a real sense of urgency from officials across the trump administration today, charles. sarah sanders saying the southern border, mentioned this a couple times, it is at quote, a breaking point. officials from the department of homeland security said the system quote is on fire. president in the oval office right now. we'll see him here shortly. charles. charles: blake, thank you very much. appreciate it. joining me deroy murdoch and doing shown. doug, let me start with you? >> sure. charles: it's a problem. it is getting worse.
we're in crisis mode. no one can dispute that the president threatening to shut down the border of mexico. maybe he will, maybe he won't but it does underscore the urgency of all of this, doesn't it? >> look. we were here before, deroy and i. both agreed a deal for the dreamers, building the wall, high-tech, border security, makes urgent, urgent sense. i would redouble that. i suspect, i can't speak for my friend deroy would agree as well. what is so sad to me is that the democrats in congress, my party, want to investigate rather than legislate. charles: deroy? >> i wish there were more sensible democrats like doug schoen. >> thank you. >> that is exactly what we ought to do. i don't know if likely in the nancy pelosi-aoc house or pelosi haoc house, get a dial like that in the house. no question it is a crisis. jeh johnson head of obama's dhs
said it's a crisis. 100,000 people flowing into the country illegally. is one million, two million, is that a crisis? leaders of the guatemala, honduras, el salvador you need to make your countries so that only hope they have to run 1000 miles north. charles: you have also have a case, cutting off funding to those countries as a way of creating that urgency there? >> i think they need a strong message that might be it. if we can help them on the positive side with trade concessions so their economies can grow, great. nobody asks the questions to the leaders of guatemala, honduras, el salvador bear any responsibility? that never seems to come up in the discussion. charles: doug, we don't get the scene. we see the numbers which are mind-boggling. to your point, jeh johnson on your show said as much. he said 1000 is crisis. 4,000 apprehensions in one day, you can add any superlative you
want. i interviewed ron vitelli, he gave us a glimpse what it is like down. there i want to share it with the audience. >> it is unprecedented territory we're in. thousands of people coming to the border, every single 24 hours. not enough capacity in any of the systems designed to enforce the law and to protect people at the border. there is not enough resources in any of these categories. it is absolutely a crisis down there. we need to patrol that border. we need to have an immigration system that has integrity. right now every part of the system is overwhelmed. charles: breaking news. president trump from inside the white house just now saying that this is such a big enough situation that if he has to, he will close the border. he understands, he understands the economics involved but he also went on to say that mexico is doing more. so it appears that perhaps mexico making some adjustments, doug. again, the scene down there, i just don't think the average american gets it.
that doesn't help right? because i think it allows some democrats to continue to play politics with something that is a human tragedy? >> it is a human tragedy. it is a social tragedy. and it is a political tragedy. i was just in california, spoke to a couple of moderate democrats who said, charles, i din like the idea of the wall before but now we got to face reality. we got to do something and do something quickly. that is my view. we have to do something quickly. i hope the border doesn't get shut. i think that sends a bad message. frankly in my party fails to do anything the president may well have to. as sad as i am about that temporarily, as little time as possible, shut the border. charles: send a bad message to the who? >> the world. we are not a country that closes its borders. that looks inward. we are open, a country of laws. if our laws are getting
overwhelmed by people leaving el salvador, honduras, guatemala, there is nothing we can do to provide an orderly transition, we may have to close the border. >> this is total emergency. i like the idea of not wide open borders but a country welcoming, ceiling our borders doesn't send a good message. charles: we had 1.1 million legal immigrants last year. we are an open country. >> absolutely. we need to know who is coming in. right now we don't of the most. people want better lives are great. you have people coming in pro iran, afghanistan, somalia. we hope they're here for better lives. they may have other intentions. charles: jeh johnson, why now? the situation is more dramatic when president obama is in office. nothing necessarily changed in those countries in that time period. i think it feels like if you listen to gavin newsom, some of these other politicians, mostly democratic politicians, the american media, which conflates
illegal immigration with immigration, you feels like you're hearing, what i hear in the countries, if you can bet here enough sympathy for you we make sure you never go to one of those asylum hearings. >> it's a practical matter. once you come across the border, your asylum hearing will be july 18, 2021, off they go and we never hear from them again. >> better bet for them to leave poverty and degradation in their homelands, to take a chance, however slim here. it speaks to the best of america, but the best of america cannot tolerate unfettered illegal immigration so is there, is there perhaps, i don't know, we always come back to this, but we have to, a solution? congress has to play a role in that solution. so president trump made unprecedented offer with the daca kids, young adults and that was rejected. that was when the republicans had a lot more political power
in d.c. so is there any kind of offer that he can make that you think the dems would accept? or is this too good of a political hot potato? is it too good of a -- go ahead. >> charles, i will be blunt. i think it is too good for the democrats to take. plus the president, in my judgment made a mistake pushing off health care to 2020. we now have one good issue, immigration but one huge issue, health care. the president has -- charles: i don't think he pushed off health care. i think he pushed off taking on obamacare right now. there is no doubt the republicans will have to put some sort of health care measure on the ballot for 2020. i will bring you guys both back later in the show. we have that and some other things. thank you both very much. markets are down slightly. ultimately investors shaking off the president's threat to shut down the border. how long will that last?
with me david nelson and donald luskin. don, the dow is off 100 points. nasdaq is higher. obviously wall street is not taking a potential shutdown with mexico seriously although would have economic consequences far beyond avocado toast? >> avocado toast is actually the most important thing on wall street. so i think the market is missing a bet here. come on, this is rounding error, folks. whether we shut the border down or not, will not make any difference. if there is any economic cost in the avocado space or any other space, think of all the benefits for american economy, to finally seize the control of our own darn borders. charles: david? >> i will comment on that as well. i think market is really looking at other things. certainly the closing of the border, while it would slow down the economy somewhat, like don says, it is a rounding error. what markets are looking at, what is the federal reserve doing, what are interest rates. what really matters even more, is what is going on overseas. we don't live in a vacuum.
40% of the s&p 500 revenue lies offshore. what happens in those countries is a lot more important. charles: let me ask you guys about, what ties all that in where the u.s. economy is. about, less than three weeks ago the atlanta fed said the first quarter growth will be 0.2, .2 of 1%. as of yesterday they're at 2.1%. before anyone ridicules the atlanta fed, jpmorgan is at 2%. macro, a couple other institutions 1.72%. don, if our economy is substantially stronger than we thought just three months ago, how does that change the dynamics of investing? >> first of all, let's put this in context. say we're talking about a 2% first quarter, which is one of the coldest first quarters ever with unbelievable high unemployment due to bad weather. if we can pull 2% off in a quarter like that, coming off a world where three or four years ago 2% was already being considered normal, if what used to be normal is now slow, oh, my
goodness, aren't we in a better place. charles: are we in a better place, david? we certainly will be economically but vis-a-vis the federal reserve? >> i think markets are telling what you place we're in. markets are pretty good leading indicator. now with the s&p 500, all the slopes are pointing higher. prices are truth. industrials, every sector across the board moving higher, largely telling you whatever slowdown we've seen, whatever pullback we had from the interest rate hikes last year markets are looking through that, that means investors are looking through that as well. charles: so the next two big things for the market, friday, the jobs report, after that the earnings season. today, don, we have walmart, walgreens getting hammered. i think it's a company specific issue. on other side of the coin, delta came through with phenomenal metrics, again sort of suggesting that the american consumer has money and is spending it. but, you know, this does set us up for earnings period that could be extraordinarily
volatile, right? >> you said a mouthful. i want to deal with the first part. we have a very important jobs number coming up friday. the reason it is so important, last month we only showed 20,000 net payroll gains and i'm going to tell you right here, you heard it here first, that number last month was simply wrong. not only looking at a good time this month, but they will revise up last month's by at least 100,000. that was a data error. that was not consistent with any other contrary data market metric. that is put a chill in people for the lags month that will all get blown away on friday, mark my words. charles: by the way, i'm with you, i'm with you on that 100%. but also, dave, i want you on this earnings thing, because earnings estimates came down dramatically just as gdp estimates were free fall, so were earnings estimates. walgreen's boots, they missed,
stock down 13%. delta on the other hand beats, that is up almost 7% t will be hit or miss, no pun intended when these earnings start rolling out. >> i think ceos begged for this quarter. they tripped over themselves cutting estimates, cutting guidance during the last quarter so they lowered the bar. so it should be a fairly easy task to meet or beat those expectations. very important that they do exactly that. charles: david, donald, thank you very much. >> thank you. >> a record, my man, 120,000 jobs were created, not 20,000. i'm with you. >> there you go. charles: see you guys later. we're moments away from fresh comments from president trump during his meeting with nato secretary-general at the white house. will the president keep up the pressure on nato allies to pay their fair share? pay those contributions they promised they would pay. house speaker nancy pelosi has advice for joe biden as a second woman accuses him of inappropriate behavior. i will tell you what it is when we return.
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>> i've always been clear we could make a success of no deal in the long term but leaving with a deal is the best solution. so we will need a further extension of article 50, one that is a short as possible, and which ends when we pass a deal. charles: that was british prime minister theresa may just a short time ago saying yet another extension is needed to continue the impasse over striking a deal for the uk to exit the european union. many are saying it could wreak havoc on the british economy. of course we heard that before
when the brexit vote was taken that never did happen. certainly if it become as reality that may change everything. we have ubs economist paul donovan from london. paul, first of all, i went somewhere from theresa may went from surrendering, that complete surrendering this is it, she has completely given up the idea of fighting back, what the citizens of the uk voted for they will not get the brexit deal they voted for? >> well, the problem is what did the british people vote for? they didn't specify what they wanted. that was the whole problem about the referendum, the whole problem with any referendum frankly. put a single complex question to a group of people, give them a yes/no answer. some people voted for a soft exit. some people voted for a hard exit. some people voted because they didn't like the government. what we do in parliamentary democracy come up with the best solution, which will be a close
al islands with europe but one where the uk is politically on the outside. charles: all those things you talked about were not on the ballot, were they? soft exit, hard exit, were all the things on the ballot when people voted or did they say we want independence, defake to be in the same position but worse than we were when we voted for this? >> all the ballot said do you want to be in european union or out of it, with the 52-48 the people said we would prefer to be out very much. the uk has never gotten along well with france. we'll reinstitute the british channel as a border. off we go. now we have to try work out what is practical arrangement with what is after all still the world's largest economy. the european union is the world's largest economy. the world's largest consumer market, leading figure in terms of regulation in the world, and our next door neighbor. so now there is an attempt to try to work out a viable relationship for the medium
term. but of courses the details of this were never put to the british people nor frankly should they be. charles: you do think though that the rest of the continent would do business with the uk, even if there was a hard brexit, don't you? >> yes. there will still be business. the issue here with a hard exit, it will be like a natural disaster. not very tateful analogy but fairly similar economic situation because what you would be doing is disrupting established supply chains. you would be putting in place additional barriers to doing business. that is never really a great thing. with a relatively soft exit you avoid a lot of those difficulties, there are issues and tensions, so on, but you probably avoid some of the short-term complications. i do find myself -- charles: would britain keep the sovereignty? i think that was underlying thing -- we can quibble about specific individual issues but ultimately the ability to
control their own desany without having to go hat in hand, beg brussels for permission to do things, will that still in essence be kept in the final deal you think? >> well of course it will be kept. we always had sovereignty. the british parliament very cad lawsuitly demonstrating that right now. the brits always had the right to change things. we'll have pretty much as much sovereignty as we had in the eu outside of it, same as any other country. we'll abide by international treaties. we'll abide by nato, all the rest of that. so those constraints will still be there but we'll also have the ability to change our borders, border policy if we wish. charles: paul, thank you very much. always appreciate it. >> thank you. charles: many republicans now breathing a sigh of relief as president trump pushing an alternative to obamacare but saying hey, we'll tackle this after the 2020 elections. we have got those details next. ♪ -driverless cars... -all ground personnel...
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charles: let's go to the oval office, president trump. >> we're going -- [inaudible] >> thank you very much. it is a great honor to have secretary-general stoltenberg of nato with us. we have developed a very great relationship and i'm very happy to say that the secretary-general will be with us for quite a long time because he was just extended
congratulations on that. that is a big thing. i was with you 100%. i felt very strongly about that. we worked together to get some of our allies to pay their fair share. it is called burden-sharing. when i came it wasn't so good. now they're catching up. we have seven of the 28 countries are currently current and, the rest are trying to catch up. they will catch up. and some of them have no problems because they haven't been paying and they're very rich but we're looking at the 2% of gdp level. and at some point i think it will have to go higher than that. i think probably should be higher but we're at a level of seven out of the 28. the united states pays for a very big share of nato, disproportionate share. but the relationship with nato is very good. the relationship with the secretary-general has been
outstanding. and i think tremendous progress has been made. if you look, in fact you showed me this originally yourself if you look at the charts and the different things, you go back 10, 15 years, and it's a roller coaster ride down in terms of payment. and since i came to office it is a rocket ship up. we picked up over $140 billion of additional money. we look like we're going to have at least another 100 billion more in spending by the nations, the 28 nations. we're going to have, that exclusive of the united states. we'll have another $100 billion more by 2020 or a little bit into 2020. so tremendous progress has been made and nato is much stronger because of that progress and mr. secretary-general, it's a great honor to have you with us at the white house. thank you. >> thank you, so much, mr. president. once again thank you for hosting me once again in the
white house. it is great to be back. great to see you and thank you for your strong commitment to nato, to our alliance and our transatlantic bond and especially for your very strong leadership on burden-sharing because as you just mentioned, of -- defense, nato allies are starting to invest more and by the end of next year, they will have added 100 billion more into their defense emergency coffers. that helps, and proves nato is a strong alliance. we have increased the forces. we have set up in our joint fight against terrorism and we are investing more. so actually north america and united states and europe, we are doing more together now than we've done for many, many years. that shows the strength of this alliance. in this year we're celebrating the 70th an -- anniversary
of nato. i look forward to our meeting and thank you for your support. >> it has been an honor. we're very proud what happened over the last couple years with respect to the relationship and nato. a lot of media doesn't understand what took place, but a tremendous amount of additional money was invested by other nations which -- from the united states, our standpoint the standpoint of the united states and, a lot more money will be invested but, we've been picking up a tremendous and disproportionate share. we just want fairness. i have to have fairness for our taxpayer too. i think that is what is happening. i very much appreciate it. thank you very much. thank you all very much. reporter: mr. president, is it your intention to close the bored they are weekend? what would it take to not close the border? >> i haven't made that intention known. i'm ready to close it if i have to close it. mexico, as you know as of
yesterday has been starting to apprehend a lot of people at their southern border coming in from honduras and guatemala and el salvador. they have, they're really apprehending thousands of people. and it is the first time in really decade this is taken place and should have taken place a long time ago. mexico has the strongest immigration laws in the world. nobody has stronger. some have the same, but you can't get any stronger than what mexico has. we don't want people coming up, making a very dangerous journey and coming in. our system is absolutely maxed out. and border patrol has done an incredible job but the system is absolutely maxed out and it is a very unfair thing. so mexico has, as of yesterday, made a big difference. you will see that because, fewer people if any are coming up. they say they are going to stop them. let's see. they have the power to stop them. they have the laws to stop them. what we have to do is, congress has to meet quickly and make a
deal. i could do it in 45 minutes. we need to get rid of chain migration, we need to get rid of catch-and-release and visa lottery. we have to do something about asylum and to be honest with you, we have to get rid of judges. every time, and you won't even believe this, mr. secretary-general, you catch somebody, that is coming illegally into your country, and they bring them to a court. he can't bring them to a court because you could never have that many judges. so they take their name. they take their information, and they release them. now we don't release too many. we keep them, it is called catch and keep. if you don't have facilities for them. but you have to bring them to a court system. if they touch your land, one foot on your land, welcome to being perry mason, you now have a big trial. what they have done over the years, release them into the united states. come back in four years for a trial, and nobody comes back.
i guess one percent, one to 2% on average come back. nobody can understand why they come back. they're the only ones that come back. it is the worst, dumb evident immigration system in the world. the democrats could change it with one meeting, everybody would agree but they don't want to change it because they don't want to gift republican as victory. they don't want to change it because they want open borders, which means crime and lots of other things coming in including drugs. so we'll see what happens. i think the democrats today i spoke to a couple of them, all of sudden they're changing because they're seeing it really is a crisis. it's a national emergency on the border. and let's see if they can do it. i want to thank, it is very short period of time because for years this should have been done but mexico is now stopping people coming, very easy for them to do, stopping people coming in through mexico. we'll see if they keep it done. if they keep doing that.
now, if they don't, or if we don't make a deal with congress, the border is going to be closed, 100%. and this should have been done by other presidents. so many things should have been down by other presidents, if we don't make a deal with congress, or if mexico and probably you could say and/or, if mexico doesn't do what they should be doing, they shouldn't have people coming into their country either. this is their southern border they have to protect. then we're going to close the border. that is going to be it or we'll close large sections of the border, maybe not all of it. only way we're getting a response. i'm totally ready to do it. i will say this, many people want me to do it because we're being abused by a bad legal system that was put in by democrats and has to be changed. and it can be changed in 45 minutes. if they want to change it. let's see what they do.
yes, steve? reporter: mr. president -- reporter: negative impact on the economy if you close the border? >> it will have a big impact on the economy. it is one of the biggest trade deals the world we had done with the usmca it is a very big trading partner, but to me, trading is very important, the borders are very important but security is what is most important to me. i want security. this is what this gentleman is all about, to my right. and, we're going to have security in this country. that is more important than trade. hey, all you hear me talk about is trade. but let me just give you a little secret. security is more important to me than trade. so we're going to have a strong border or we'll have a closed border. when we close that border, we will stop hundreds of millions of dollars of drugs from coming in because tremendous amounts of drugs come through our southern border. so that is one of the benefits. so i'm totally prepared to do
it. we're going to see what happens over the next few days. reporter: -- nato doing enough to keep closing border -- >> big step over last few days. they are apprehending people, you see how many there are, a lot of a lot of people. and the fact that they're doing that means fewer people are going to come. we pay hundreds of millions of dollars to honduras and guatemala and el salvador, as a combination and what do they do? they don't do anything for us. there is supposed to be money well-spent. i understand the reason for it. that money doesn't get there. we're giving hundreds of millions of dollars to these three countries and the money is not going to where it is supposed to be going, number one. number two, they're taking advantage of the united states and they have been for many years. so i cut off the payments yesterday. i know what the payments are supposed to be for.
they're supposed to be for not having this problem. they don't do that. the money is gone, it is not spent properly. and they arrange, the thing that bothers me more than anything, they arrange these caravans. they don't put their best people in the caravans. they put people you don't want to have in the united states. we'll not have them in the united states, it is very, simple. it is very simple. [shouting questions] >> mr. president, are you happy with stoltenberg as leader of nato? >> say it? >> why are you happy with stoltenberg as leader nato? >> it has been a two years. we get along very well. we had our first meeting. i think i got them to put up the other countries respectfully, 27 countries, the other 27, $64 billion. 64 billion. that is a lot of money. and he went out and he said, what a great job he did.
lot of people don't like giving credit. the media never gives me credit. he gave me credit. now we're way up to over 100 billion. it will be lot higher than that by end of 2020. i appreciate the job he has done. he has done an excellent job. when it came time to renew, because a lot of people wanted that job. it's a great job. a lot of people wanted it. but i had no doubt in my mind who i wanted. [reporters shouting questions] reporter: -- u.s. out of nato? >> people are paying and i'm very happy with the fact that they're paying. yeah. reporter: what -- [inaudible]. what threat does russia poses to nato? >> i hope it will not be a security threat. i hope we have a good relationship with russia and, by the way china, and everybody else. but i think the fact that we have nato and nato is a lot stronger since i've been president, wouldn't you say that's correct?
we're taking in a lot more money. >> we're investing more and that we need to maintain physical defense for all nato countries. >> but i think we'll get along with russia. i do believe that. reporter: mr. president? reporter: [inaudible]. >> i think we're going to have a great health care package. i think the republican party will become the party of health care. i see what the democrats are doing. it's a disaster what they're planning, everyone knows it. you're going to lose 180 million people under private insurance. i think really very important, obamacare has been such a catastrophe, because it is far too expensive. of course the people, so much, can't afford it. and of course the premiums are very high. 7 to $8,000 on average. so you have to spend over $8,000 before you even hit. so obamacare has been bad. so if we get back the house, and on the assumption we keep the senate and we keep the
presidency, i hope are two good assumptions, we'll have phenomenal health care. reporter: accomplished -- >> i wanted to delay it myself. i wanted to put it after the election because we don't have the house. so even though the health care is good, really good, it is much better than, when the plan comes out which we'll be showing you at appropriate time, it is much better than obamacare. so when the plan comes out, you will see it. it is possible that the democrats would want to do it. it is much better for the people i'm assuming they won't because the democrats never do anything that necessarily is going to be anything other than political. so what happens is, we'll go through the election. we have a very good chance of retaking the house and we have a very good chance of keeping the senate. i think we will keep the senate. and i think we're going to keep the presidency. we'll vote in the best health care package we ever had. reporter: mr. president -- accomplished in seven years? >> many things they
accomplished. they also really stand for a signal of truth and of strength. and we have a great leader. reporter: [inaudible] >> i will be talking about i always talk about germany. germany honest think is not paying their fair share. i have great respect for angela, i have great respect for the country. my father is german, right? was german. born in the very wonderful place in germany. serve a great feeling for germany but they're not paying what they should be paying. they're paying close to 1%. and they're supposed to be paying 2%. the united states over the years got to a point where it is paying 4.3% which is very unfair. and the u.s. gdp especially under me, because the gdp has gone up so, 4.3 of a much larger gdp. we're paying for a big proportion of nato which basically is protecting europe so we're protecting europe.
at the same time they have taken advantage of us on trade. so they have best of all worlds. we're protecting countries that have taken advantage of the united states on trade. but it is all changing. it will take a little while but it's a all changing. reporter: mr. president, there will be a vote in the house judiciary committee tomorrow whether or not to authorize subpoenas to demand unredacted versions of mueller report and all the background materials. if they vote out the authority for subpoenas will the white house fight it? >> i think it is ridiculous. we went through two years of the mueller investigation. we have, i mean, not only that, you read the wording, it was proven, who could go through that and get wording where it was no collusion. no nothing. so there is no collusion. the attorney general now and the deputy attorney general ruled no obstruction. they said no obstruction. and so there is no collusion. there is no obstruction. now we're going to start this
process all over again? i think it's a disgrace. these are just democrats that want to try and demean this country. it shouldn't be allowed. i will totally live by what the attorney general, i have great respect for the attorney general. i will live by what he says but i will tell you this, nothing you give them, whether it is shifty schiff or jerry nadler who i have known, he has been fighting me for half of my life in manhattan. i was very successful thank you, but nadler has been fighting me for years, and years in manhattan, not successfully. i will tell you anything we give them will never be enough. we could give them, it's a 400 page report. right? we could give them 800 pages and wouldn't be enough. they will always come back, say not enough, not enough. this thing has gone on for two years. really it started long before that. practically started from the time i came down the escalator because this was a whole, this
was a whole plot, whether you want to use the insurance policy as a time frame, this was an insurance policy, just in case she, hillary clinton loses. well she lost, she lost big. this has been going on for years. now they want to keep it going on? we had, the, spent over $30 million on an investigation. they found no collusion. which by the way was most ridiculous premise you heard of anyway. you understand exactly what i mean. no collusion. there was no collusion. there never was. after $30 million, we'll start this process again because jerry nadler wants to start it or schiff wants to start isn't i will rely on the attorney general to make decisions but i will tell you, anything that is given to them will never be good enough. you could give them more documents than they have ever seen and it would never be good enough. so i think it is somewhat of a waste of time. this is politics at a very low level. reporter: what about the fact that congressman nadler opposed
release of the starr report in 1998? >> that is good thing, and nice you bring that up. jerry nadler was on opposite side of this and he thought it was disgusting terrible thing to even think about giving the starr report, but now we should give the mueller report. actually the mueller report is actually much tighter because the starr report went to congress. the mueller report goes to the attorney general. so there is a big difference of the they made that because the starr report got out of control with respect to going to congress. because i guess lots of people had it maybe shouldn't have had it and did bad things wit. now they limited it to the attorney general. and they did that specifically for that reason. so jerry nadler thought the concept of giving the starr report was absolutely something you could never do but when it comes to the mueller report which is different on our side, that would be something that he should get. it is hypocrisy, it's a disgrace. i will say this, look, there was
no collusion. there was no obstruction. they were very disappointed. i don't know what they were thinking because they all know -- i guarranty you they go into a room, nadler, schiff, the group, and they laugh like hell at how they kept this thing going for two years. they laugh like hell. and i hope that this investigation now, which is finished, totally finished, no collusion, no obstruction, i hope they now go look look at origins, origins of the investigation, the beginnings of that investigation. you look at origin of the investigation, where it started, how it started, who started it, whether it is mccabe or comey or a lot of them, where does it go? how high up in the white house did it go? you will all get pulitzer prizes okay? you can all get pulitzer prizes. you should have looked at it a long time ago. that is the only thing that is
disappointing to me about the mueller report. the mueller report, i wish covered the origins, how it started, the beginnings of the investigation, how it started. it didn't cover that and for some reason, none of that was discussed. now do you look at the ig report, it is very serious. now we have another ig report coming out, hopefully very soon. i think you are going to learn a lot. you should look at beginnings, where it started, the whole situation because this has been a very, very bad thing for our country. the question was asked before about russia, about germany, about all of the different things that you and i discussed so often, this has been a very bad thing for the united states. it has been a total waste of time. but what hasn't been a waste of time some very bad people, started something that should
have negative been started i hope that continues forward. people did very, very bad things for our country panned very illegal and you could seen say treasonous. thank you very much, everybody. [people shouting] >> guys, got to go. thanks, guys. come on. we're done. thanks so much. got to go. let's go. thanks, guys. go. got to go fast. thanks, guys. charles: well, president trump covering a wide array of topics there from nato to the economy to the border, obamacare, of course the mueller report, potential subpoenas going out. joining me help to discuss it all, former state department senior advisor christian whiten, "washington examiner" commentary writer tom rogan and deroy murdoch back with us.
so much to unpack there, you covered the foreign policy nato in the room. they're payings their fair share. things are getting better there and i want your thoughts closings down the mexico border. >> on nato, things are getting better but perhaps stoltenberg and bureaucracy misinformed president, we'll get $100 billion over next few years, that is just not true. president said germany not pulling their fair share. they are supposed to be 2%, they are closer to 1%. maybe we'll get to 1.5 by 2024. their military budget might be shrinking. italy's budget is shrinking. where is the $100 billion coming from? it continues to be obsolete organization that isn't ready to face threats of china, iran, big three, france, germany, all
working against us on iran. coaching companies to violate sanctions. it nice. the president has good relations with stoltenberg. stoltenberg respects trump but not all good. i'm glad we're cutting aid to the three countries because they the president threatened to straighten up and fly right. like obama's red lines. i'm glad we're following through. he puts national security ahead of trade. we have tremendous leverage over mexico. we really need to use it. charles: tom, of course in america the talk we may not have avocado toast come next week. and listen, some people are actually taking that seriously as opposed to the security issues here. president trump acknowledges economics of it. the idea security will go down. no one questions that anymore, but where do you see it going, tom? >> it is interesting you see the mexican government obviously taking steps to try to constrain
the border flows. that i think is in response to president trump's rhetoric on this issue. but i think the president's political a advantage here is that the reports from the border now increasingly in emotive terms of based on facts look we have a crisis, here's what is happening at the detention centers, with cbp people coming up saying quite direct things as civil servants, increasingly difficult for democrats to suggest that there isn't an issue that needs to be fixed. so whatever trump's made, the president may say about closing down the border, the broader issue of border security i think has shifted into his corner at a time where because of the mueller investigation, his credibility has never been higher with the american people. in political sense he is increasingly powerful political position. charles: helped immensely, jeh johnson under president obama said 1000 is bad day. 4,000 apprehensions one day is
unmitigated crisis. every one has to say, you know what? , obviously he doesn't have an axe to grind. want to ask you about the mueller comments, mueller report, subpoenas, nadler opposition to him and schiff. many ways to me feels like democrats are overplaying their hand with this but they will not let this go. >> they are overplaying their hand. schiff coming out definitely is conclusion i have undisputed proof of conclusion. he won't present the evidence. we're waiting to see where it is. what you saw today, president is sitting down general secretary of nato. talking about nato countries to increase defense spending this is not the kind of thing vladmir putin would like. would like to have weak nato, no nato, not increase in nato spending. if trump is the secret kgb agent, why is he increasing nato spending, getting them stronger defensive pot ture against russia? that makes no sense of the meeting in oval office underscores the fact that
donald j. trump is not russian agent. charles: there were comments, chris shun, we have about a minute. want to get your thoughts specifically as we have potential auto tariffs going into place soon. feels like germany, france, to a degree, they are countries holding up any real healing of relationships here. >> germany not good as far as what it is willing to do for defense. even if they spent more what are they doing it? this is the government, with merkel let million immigrants in germany without consulting any one. ambassador ric grenell is pushing them, see upside of no tariff free-trade agreement. the problem is france, agricultural central planning management. unless france liberalizes agriculture, free trade deal would not improve the deficit. auto tariffs, may happen who knows before the election.
charles: we'll see. ric grenell doing a fantastic job. really appreciate it. we'll be right back. what?! i'm here to steal your car because, well, that's my job. what? what?? what?! (laughing) what?? what?! what?! [crash] what?! haha, it happens. and if you've got cut-rate car insurance, paying for this could feel like getting robbed twice. so get allstate... and be better protected from mayhem... like me. ♪
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z. charles: markets are down. building a little momentment as we head into liz claman's hour. looks like you have another good one. liz: in fact, the s&p just turned positive but just a few minutes ago, we did have stocks hitting the rewind button as we head into this final hour of trade. the dow sliding into the red by 75 points right now. but this is after a 600 point plus three-day win streak that had the bulls seeing green. but the bears trying to growl back right now as trade and new economic dangers abound. we will call the s&p flat, the nasdaq a full gain of 18 points. president trump in just the last few minutes has reiterated his threat to seal off the u.s./mexican border saying security takes precedence over border trade. why that is scaring even the