MY NEXT GUEST HOSTS "SHEPARD SMITH REPORTING" ON FOX NEWS.
PLEASE WELCOME SHEP SMITH!
♪ ♪ ♪ ( APPLAUSE )
SHEP, GOOD TO SEE YOU.
THANKS FOR BEING ON.
COME ON UP.
( APPLAUSE ) >> MERRY CHRISTMAS.
>> Stephen: MERRY CHRISTMAS TO YOU.
>> THANK YOU, THANK YOU.
>> Stephen: MERRY CHRISTMAS.
DONALD TRUMP HAS MADE IT SAFE FOR US TO SAY MERRY CHRISTMAS
AGAIN.
>> BIGLEY.
>> Stephen: I USED TO BE SO TERRIFIED TO SAY MERRY
CHRISTMAS.
>> REALLY, YOU WOULDN'T BE AT OUR SHOP.
YOU WEREN'T AROUND FOR THE WAR.
>> Stephen: THE WAR ON CHRISTMAS.
YOU GUYS WON THE WAR ON CHRISTMAS.
THANK YOU, FOX NEWS.
YOU ARE ACTUALLY, AND I MEAN THIS SIN SERIOUS, ARE YOU MY
SECOND FAVORITE BROADCASTER ON FOX NEWS.
MARTHA McCALLUM, ONE OF MY OLDEST FRIENDS IN THE WORLD,
MARTHA McCALLUM IS MY FAVORITE.
YOU HAVE SOME OF THE GREATEST TEASERS ARE EVER ON YOUR SHOW,
AND I THINK YOU MIGHT KNOW WHAT I'M ABOUT TO PLAY HERE.
THIS IS MY FAVORITE TEASER.
WE GOT TO PLAY IT ON THE OLD SHOW ALL THE TIME BUT I NEVER
GOT TO PLAY IT TO YOUR FACE.
I NEVER GOT TO CELEBRATE THIS PARTICULAR TEASER WITH YOU.
JIM, THIS IS MY FAVORITE CLIP, SHEP.
>> KITTY CAT MEOW, THOUSAND DOLLARS.
SNOOKI'S PREGNANT.
( LAUGHTER ) ( APPLAUSE ).
>> Stephen: IT'S GOT EVERYTHING.
>> IT WAS RAINING NEWS.
YOU SEE, THERE WAS -- >> THAT'S A HARD-NEWS DAY.
>> IT WAS.
IN OUR FAVORITE STATE OF NEW JERSEY, THERE WAS A NEW RULE, I
BELIEVE, THAT SAID IF YOU YOU HAD THE CAR SEAT IN YOUR CAT.
>> Stephen: YOU HAD TO CLIP YOUR CAT IN?
>> IT'S NEW JERSEY.
AND AFTER, LIKE, THREE WARNINGS, IT WAS A $1,000 FINE.
AND WHILE THIS GREATNESS WAS HAPPENING IN NEW JERSEY, I GOT
WORD FROM THE VOICE IN MY EAR THAT SNOOKI WAS PREGNANT.
>> Stephen: SO LITERALLY, WHILE YOU'RE TELLING US KITTY
CAT MEOW 1,000.
YOUR PRODUCER IS GOING, "DROP IT, SNOOKI IS PREGNANT."
>> CORRECT.
"THERE IS BREAKING NEWS NOW.
>> Stephen: THANK YOU FOR REMINDING ME OF THE SOUND CATS
MAKE, BY THE WAY.
MEOW.
WHAT IS IT LIKE OVER AT FOX NEWS NOW THAT ROGER AILES IS GONE?
THE WHOLE CHANNEL JUST WAS BORN OUT OF HIS SKULL 20 YEARS AGO.
IS IT RUDDERLESS?
ARE YOU GUYS LIKE A CORK IN A TYPHOON?
WHO'S CALLING THE SHOTS?
>> IT WAS RUPERT MURDOCH'S VISION, AND IT'S RUPERT MURDOCH
WHO IS RUNG THE PLACE NOW AND IT'S FANTASTIC AND WANT GUYS WHO
ARE RUNNING THE PLACE NOW, THE LADIES WHO ARE RUNNING THE PLACE
NOW, I HAVE KNOWN THEM FOR 20 YEARS OR LONGER AND IT'S GREAT.
>> Stephen: YOU HAVE TO MISS ROGER AILES ON SOME LEVEL,
RIGHT?
>> CORRECT.
>> Stephen: ON WHAT LEVEL?
>> EVERYTHING IS NOT WHAT YOU THINK IT IS.
>> Stephen: WE FOUND THAT OUT.
>> HE WAS A GREAT MENTOR TO ME AND HE WAS REALLY GOOD TO MY
FAMILY BUT THERE WERE OTHER THINGS HAPPENING AND WE'RE
GETTING PAST IT.
I THINK OUR CHALLENGE NOW IS TO BE THE MOST OPEN AND SORT OF
COMFORTABLE PLACE IN THE COUNTRY TO WORK.
I FEEL LIKE WE HAVE TO BE LEADERS IN THAT-- IN THAT PAT OF
LIFE.
>> Stephen: I CAN UNDERSTAND THE CHALLENGE.
>> AND I WANT TO HELP LEAD THAT.
>> Stephen: YOU'VE BEEN THERE SINCE THE BEGINNING, RIGHT?
YOU'VE BEEN THERE SINCE-- >> A YEAR OBSERVER THE LIGHT
CAME ON.
>> Stephen: WHAT DID YOU DO BEFORE THE LIGHT CAME ON?
>> I WORKED FOR THE AFFILIATES AND TIDIED UP A BIT.
>> Stephen: I DIDN'T KNOW IF THEY WERE INSTALLING THE LIGHTS.
YOU SEEM LIKE A CAN-DO GUY WHO IS WILLING TO PITCH IN.
>> I CAN MAKE RECOMMENDATION S.
>> Stephen: THE TRUMP INAUGURATION IS COMING UP.
ARE YOU GOING TO BE THERE?
>> BIGLEY.
>> Stephen: ARE YOU A REASONABLE FELLA.
>> THANK YOU.
>> Stephen: PEOPLE WHO WATCH THE NETWORK GO, "WOW, SHEP,
DOESN'T HUESPHOZ ANY SORT OF PARTICULAR PARTY AFFILIATION
WHEN HE DOES THE NEWS, WHICH IS NICE TO HEAR.
YOU ACTUALLY CALLED TRUMP DURING THE CAMPAIGN, ALMOST FASCIST,
OKAY.
>> SOMETHING HE SAID AT THAT MOMENT WAS ALMOST FASCIST.
>> Stephen: OKAY.
THAT'S-- THAT'S-- ( LAUGHTER )
THAT IS UNSHEP-LIKE HAIR SPLITTING, I WANT TO POINT OUT.
SOMETHING HE SAID WAS ALMOST FASCIST, BUT HE'S NOT
RESPONSIBLE FOR WHAT HE SAYS?
>> I WANT HIM TO BE THE GREATEST PRESIDENT IN THE HISTORY OF THIS
NATION.
>> Stephen: I DO, TOO.
>> AND I'M GOING TO BE FOR HIM AND WITH HIM BUT AS A JOURNALIST
IT'S MY JOB TO HOLD TRUTH TO POWER AND LISTEN TO WHAT HE SAYS
AND GIVE IT CONTEXT AND REPORT AND IT.
AND LET THE PEOPLE DECIDE.
>> Stephen: THAT'S GOOD.
>> IT'S ABOUT AMERICA.
>> Stephen: THAT'S A GOOD IDEA.
YOU ALSO SAID HE TRADES IN RACISM.
WHAT DO YOU THINK HE GOT WHEN HE TRADED THE RACISM IN?
WHAT-- OTHER THAN PRESIDENT OF THE UNITED STATES, WHAT DID HE
WIN BY TRADING IN RACISM?
>> HE BROUGHT US ALL TO HIS TOWER TO WORSHIP AT HIS FEET.
>> Stephen: HE HAS CALLED YOU TO THE TOWER?
>> NO.
>> Stephen: IF YOU GOT CALLED TO THE TOWER-- BECAUSE A LOT OF
JOURNALISTS HAVE BEEN CALLED TO THE TOWER-- IF YOU GOT THE CALL
TO THE TOWER, WOULD YOU GO TO THE TOWER?
>> YES.
WOULD I ASK QUESTIONS OF THE FUTURE LEADER OF THE SNAGS I
WOULD.
I WOULD ASK HIM IF A LOT -- >> CALL PEOPLE THERE TO WAG HIS
FINGER AT THEM.
>> HE CAN DO THAT, BUT IF HE WAS GOING TO ANSWER QUESTIONS THAT
WOULD BE GOOD BECAUSE THE PEOPLE WHO ARE IN POWER ANSWER
QUESTIONS OF THE PEOPLE WHO PUT THEM THERE.
AND WE'RE SORT OF THE REPRESENTATIVES OF THEM AND
THAT'S PART OF OUR JOB.
>> Stephen: THE FOURTH ESTATE.
>> CORRECT.
IT'S IN THE CONSTITUTION AND THINGS, MR. PRESIDENT.
( LAUGHTER ).
>> Stephen: DO YOU FEEL THAT THE-- DO YOU FEEL THAT-- THAT--
A LOT OF PEOPLE IN POWER TRY TO MARGINALIZE THE PRESS AND
DELEGITIMIZE THE MAIN STREAM MEDIA WHICH, OBVIOUSLY, HAS SOME
PROBLEMS.
BUT THE DELEGITIMIZING OF THE MAIN STREAM MEDIA SAY FORM
ROUGHING UP THE EMPIRE EYE MEAN, ROUGHING UP THE UMPIRE SO THAT
THERE'S NOBODY TO QUESTION THE PEOPLE IN POWER.
DO YOU THINK THAT'S A DANGEROUS THING TO START DISMISSING THE
MAIN STREAM MEDIA.
>> THEY HAVE ALWAYS TRIED TO DO THAT.
EVERYONE LEADER SAYS DON'T BELIEVE THEM, WHEN YOU TELL THEM
THINGS THAT ARE TRUE.
YOU WANT A CERTAIN NARRATIVE OUT THERE AND IF THE TRUTH FLIES IN
THE FACE OF THAT-- LIKE, TRUMP IS TRYING TO CLAIM THAT THE
RUSSIANS DID NOT GET THEMSELVES INVOLVED IN OUR ELECTION WHILE
ALL 17 OF OUR INTELLIGENCE AGENCIES SAY THAT THEY DID.
UNLESS UNTIL THERE'S FURTHER INFORMATION ON THIS MATTER, I'M
GOING TO GO WITH THE INTELLIGENCE AGENCIES BECAUSE HE
DOESN'T KNOW YET.
>> Stephen: HE ALSO IS SAYING WHY DIDN'T ANYBODY SAY THIS
BEFORE THE ELECTION?
>> WELL, THEY DID.
>> Stephen: EXACTLY.
>> THEY DID LONG BEFORE THE ELECTION.
IT WAS DISCUSSED OPENLY IN THOSE SEGMENTS AND WE REPORTEDDED ON
IT AS FAR BACK AS OCTOBER.
>> Stephen: DO YOU THINK FACT CHECKING MATTERS EXAMINE?
>> IT MATTERS TO US.
I KNOW THERE WILL COME A TIME WHEN IT MATTERS TO PEOPLE AGAIN.
IT REALLY DOES MATTER TO THEM.
THEY'RE CAUGHT UP IN THEIR OWN RHETORIC.
BOTH SIDES.
THIS ISN'T ONE SIDE OR THE OTHER.
THEY BOTH ARE.
AND AT SOME POINT YOU'RE GOING TO NEED A FACT DISSEMINATION AND
WE'LL BE THERE FOR YOU WHEN THAT TIME COMES.
>> Stephen: I HOPE YOU WILL.
>> MERRY CHRISTMAS >> Stephen: "SHEPARD SMITH
REPORTING" AIRS WEEKDAYS ON FOX NEWS.
SHEP SMITH, EVERYBODY!