>> THE AYES TO THE RIGHT, THE
NOS TO THE LEFT, 325.
>> Dana: THAT WAS MOMENTS AGO.
THERESA MAY SURVIVED THAT NO
CONFIDENCE VOTE.
NOW A LIVE LOOK AT THE HOUSE OF
COMMONS.
DAN HENNINGER IS THE EDITORIAL
PAGE EDITOR FOR THE "WALL STREET
JOURNAL" AND PETER McMAHON IS MY
HUSBAND, A NATIVE OF THE U.K.
AND NOW AN AMERICAN CITIZEN.
WE'VE HAD PLENTY OF DISCUSSIONS
ABOUT THIS, PETER.
BREXIT AND YOU WERE A RELUCTANT
SUPPORTER OF BREXIT.
BUT HAS BREXIT BECOME A
SITUATION WHERE THE BRITTS FEEL
LIKE THEY HAVE NO WAY OUT BUT
THEY ALSO DON'T WANT TO STAY?
>> YES, THERE'S A LOT OF MIXED
FEELINGS.
IN FACT, KNOWING I WAS COMING ON
TODAY, I TOUCHED BASE WITH SOME
OF MY FRIENDS TODAY.
FROM THE THREE OF THEM, I GOT
ABOUT FIVE DIFFERENT OPINIONS.
THERE'S A LOT OF DIFFERENT
FEELINGS ABOUT IT.
MANY FEEL FEEL THEY WERE MISLED,
PARTICULARLY THOSE THAT VOTED TO
LEAVE.
THEY FEEL THEY WERE MISLED WITH
THE INFORMATION THEY WERE GIVEN.
I THINK IF THERE WAS ANOTHER
REFERENDUM TODAY, IT WOULD BE TO
STAY.
THAT BEING SAID, THERESA MAY HAS
SAID THERE WON'T BE ANOTHER
REFERENDUM AND IF THERE WAS,
THEN WHAT HAPPENS?
IF IT GOES TOWARDS STAY, THEN
THE OTHER SIDE WILL SAY LET'S DO
THE BEST OF THREE.
THEY ARE STUCK WITH WHAT THEY
HAVE AND WILL HAVE TO DEAL WITH
IT.
>> Dana: DAN, I SAID THE U.K. IS
LIKE THE E.U., HOTEL CALIFORNIA.
IT STARTED AS A TRADING DEAL AND
BECAME MUCH MORE POLITICAL.
NOW ALSO IT AFFECTS US.
WE HAVE -- THE U.S. EXPERTS TO
THE AIRCRAFT, MACHINERY,
MINERALS AND FUELS.
THIS DOES HAVE A GLOBAL IMPACT.
>> EXACTLY RIGHT.
WHAT YOU'RE DESCRIBING, THE
HOTEL CALIFORNIA EFFECT OF THE
EUROPEAN UNION.
ONCE YOU'RE IN, YOU CAN NEVER
GET OUT IS PART OF THE REASON
FOR THE REFERENDUM IN FAVOR OF
LEAVING.
THE U.K. -- PEOPLE IN THE U.K.
FELT THE EUROPEAN UNION HAVE
BECOME THIS FORCE AND POWER IN
THEIR LIFE TO THE EXTEND THAT
THEY FELT THEY NEEDED MORE
AUTONOMY.
SO I AGREE WITH PETER.
IF THE REFERENDUM WERE TODAY,
THEY MIGHT VOTE TO STAY.
THIS DOESN'T DIMINISH THE
AUTHENTICITY OF THAT LEAD VOTE.
THE PROBLEM IS THAT A LOT OF
POLITICIANS LAMENTED THE IDEA OF
LEAVING WITHOUT THEMSELVES.
THEIR LEADERSHIP HAVING ANY PATH
FORWARD.
NO IDEA OF HOW THEY'RE GOING TO
RESOLVE THE COMPLEXITY THAT
WE'VE BEEN WATCHING THE PAST
MONTH.
>> Dana: PETER, YOU'VE BEEN IN
BUSINESS A LONG TIME.
THERE WERE SOME BENEFITS TO
JOINING THE E.U.
>> ABSOLUTELY.
WHEN ONE CONSIDERS THE EUROPEAN
UNION WAS PURELY A COMMERCIAL
UNION.
FOR ME, DOING BUSINESS ACROSS
EUROPE, IT WAS A PAIN HAVING TO
DEAL WITH THE DIFFERENT CUSTOMS
AND DUTIES AND THE COMPLICATIONS
OF DEALING WITH EVERY DIFFERENT
COUNTRY.
SO HAVING GONE TO A SINGLE
MARKET WAS A HUGE BENEFIT TO
BUSINESS.
>> Dana: AND THEN THERE WERE
PROBLEMS.
YOU GIVE AN EXAMPLE THAT BOTHERS
YOU.
THE PORK CHOP.
>> DOESN'T BOTHER ME PERSONALLY
BECAUSE I DON'T EAT PORK CHOPS.
BUT THE EUROPEAN REGULATIONS
WERE MORE POLITICAL.
PEOPLE IN BRITAIN WERE UNHAPPY
ABOUT THE EUROPEAN UNION STATING
HOW MUCH CURVES THERE MIGHT BE
ON A BANANA OR A PORK CHOP WOULD
COME WITH A PIECE OF KIDNEY
DECIDE IT.
THE EUROPEAN UNION SAID THEY
COULDN'T DO THAT.
THESE ARE MINOR ITEMS, BUT THERE
WAS A HOST OF THEM.
TOGETHER THEY ALL COMBINED TO
MAKE PEOPLE UNHAPPY ALONG WITH
THE EUROPEAN COURT OF JUSTICE
HAVING JURISDICTION OVER
BRITAIN.
MANY PEOPLE DIDN'T WANT TO BE
CONTROLLED BY BUREAUCRATS IN
EUROPE UNELECTED IN BRITAIN
AND -- BUT THEN HAD CONTROL OVER
THEIR LIVES.
>> Dana: AND DAN, THERE'S AN
IMMIGRATION COMPONENT TO IT.
IT'S NOT JUST HERE IN THE UNITED
STATES THAT HAS IMMIGRATION
PROBLEMS.
EUROPE HAS THEM AS WELL AND IT'S
BUBBLED UP.
>> IT RAISES THE QUESTION OF
WHETHER SOME OF THE ISSUES LIKE
BREXIT, THE RELATIONSHIP WITH
THE EUROPEAN UNION OR HERE IN
THE UNITED STATES, THE SHUT DOWN
IS ABOUT THE WALL AND THE
BORDER.
WHETHER THINGS LIKE BREXIT OR
IMMIGRATION HAVE BECOME SO
LARGE, SO COMPLICATED, PULLING
SO MANY FACTIONS IN FROM SO MANY
DIRECTIONS THAT THE POLITICAL
CLASS ISN'T ABLE TO FUNCTION.
WE'RE SEEING A REMARKABLE
EXAMPLE OF GRIDLOCK IN THE
UNITED STATES AND IN THE U.K.
RIGHT NOW.
>> Dana: PETER, A LAST WORD.
HOW GLAD ARE YOU IN 2006 THAT
YOU DECIDED TO BECOME A CITIZEN
OF THE UNITED STATES?
>> WITH APOLOGIES TO MY FRIENDS