FOR STABILITY RATHER SHOCKING.
>> JOIN US RIGHT NOW -- TO
TALK ABOUT THIS TEXAS
CONGRESSMAN MEMBER OF COMMERCE
COMMITTEES MEDICAL DOCTOR
THANKS FOR BEING HERE.
>> YOUR REACTION TO WHAT IS
HAPPENING WITH CHINA RIGHT
NOW, OBVIOUSLY, THE FIGHT IS
DEEPENING?
>> IT WAS INTERESTING
JUXTAPOSITION O 20 YEARS AGO
TALKED ABOUT IRRATIONAL
EXUBERANCE AS MARKET GOING UP
PERHAPS THESE TODAY IRRATIONAL
PESSIMISM AS MARKET GOES DOWN,
CHINA BEING A CURRENCY
MANIPULATOR IS NOT NEW NEWS WE
TALKED ABOUT THIS TO SECRETARY
PAULSON IN THE BUSH
ADMINISTRATION, RIGHT BEFORE
THE -- THE BEIJING OLYMPICS,
WANTING THE TREASURY SECRETARY
TO TAKE A STRONGER POSITION,
BUT DIDN'T THEN.
SITUATION IS LARGELY BEEN,
UNRESOLVED OVER A DECADE, NOW
THIS PRESIDENT HAS SERIOUS
ABOUT OUR NUMBER ONE OUR TRADE
RELATIONSHIP WITH CHINA, THE
TRADE DEFICIT, AND HE SAID SO
HE CAMPAIGNED ON THAT, HE WON
ELECTION ON THAT, HE IS
FOLLOWING THROUGH ON THAT.
I ALSO AGREE WITH HIM THAT
FROM ALL APPEARANCES UNITED
STATES OF AMERICA HAS
STRONGEST ECONOMY IN THE WORLD
RIGHT NOW WE ARE BEST THING
GOING.
AND SO THE -- THE DESIRE OF
COMPANIES TO WANT TO -- DO
BUSINESS WITH THE UNITED
STATES, OR IN THE UNITED
STATES SEEMS TO BE EVEN
STRONGER STILL.
>> SO CONGRESSMAN DO WE IF WE
DON'T GET A DEAL IN IMMEDIATE
FUTURE WITH CHINA DO WE END UP
PUTTING ON MORE AND MORE
TARIFFS?
HOW DO YOU SEE THIS PLAYING
OUT?
>> WELL, I THINK YESTERDAY WAS
PERHAPS SOME IF YOU WILL, A
WAKE-UP CALL ALL AROUND, AND
PERHAPS IMPETUS TO GET A DEAL
BOTH ON PART OF CHINESE AND
THE UNITED STATES, PERHAPS
THAT IMPETUS IS A LITTLE
STRONGESH TODAY THAN IT WAS 24
HOURS AGO, BUT CLEARLY, THERE
IS A DEAL OCTOBER HAD THE
PRESIDENT AT ONE POINT IN HIS
NEGOTIATOR AMBASSADOR
LIGHTHIZER THOUGHT THEY WERE
AT A POINT HAD A DEAL SEVERAL
MONTHS AGO I THINK I WAS ON
THIS SHOW AS WE TALKED ABOUT
THAT.
THEN CHINESE WALKED AWAY FROM
IT.
PERHAPS IT IS TIME TO COME
BACK, AND SEE IF -- IF DEALING
IN GOOD FAITH WE CAN GET
PASSED THIS.
>> ONE UNRELATED QUESTION I
CAN'T REASSIST.
ARE WE GOING TO PUSH FOR FLAT
TAX.
>> FLAT TAX WOULD SOLVE OUR
PROBLEMS WOULD SOLVE OUR
PROBLEMS, YES, YOU ARE CORRECT
THIS.
MARIA: MEANWHILE, THE TAX CUT
PLAN DEFINITELY MOVED THE
NEEDLE ON -- ON ECONOMIC
GROWTH, AND ON JOB CREATION.
AND YET NOW THE WORRY IS THAT
THIS FIGHT WITH CHINA, IS
GOING TO TAKEAWAY ALL THE
BENEFITS OF THAT.
>> LOOK.
THE AGAIN, I THINK THE
PRESIDENT POINTED THIS OUT THE
ECONOMY OF THE UNITED STATES
IS STRONGEST POSITION, REALLY,
IN -- IN ANYTHING THAT I CAN
REMEMBER, IF YOU ARE EVER
GOING TO CORRECT ABOUT THE
PROBLEMS THAT EXISTED WITH
TRADE IMBALANCE WITH CHINA,
WOULDN'T NOW BE THE TIME TO DO
IT WHEN THE POSITION OF
STRENGTH RATHER THAN TRYING TO
BARGAIN FROM A POSITION OF --
OF -- OF WEAKNESS, WHICH
OBVIOUSLY WAS THE CASE, EVEN
JUST A FEW SHORT YEARS AGO.
YOU KNOW YOU ALSO WERE TALKING
ABOUT THE MINIMUM WAGE
EARLIER, THIS IS I HAVE
WORRIED ABOUT THAT, AS IF WE
DO A FEDERAL INCREASE ACROSS
THE BOARD IN THE MINIMUM WAGE,
WE ARE GOING TO PUT ADDITIONAL
PRESSURE ON LABOR MARKET THAT
IS NOT A GOOD THING FOR PEOPLE
WHO ARE IN ENTRY LEVEL
POSITIONS, SO -- YOU KNOW,
WHEN THAT HAPPENED IN 2008,
THE NEXT THING YOU SAW WERE
THE SIGNIFICANT JOB LOSSES,
THAT COUPLED WITH ECONOMIC
UNCERTAINTY THAT WAS BROUGHT
TO US BY BIG BANKS REALLY IS
ONE OF THE TYPES THAT LIT THE
FUSE FOR ECONOMIC MELTDOWN
2008.
MARIA: WE WERE SURPRISED TO
HEAR CEO OF A&W SAY WE CAN'T
PAY 15 EVEN THOUGH LARGELY --
FIRST JOB, TO GIVE THE TO TURN
TO THE HORRIBLE NEWS OF THE
LAST WEEK, MASS SHOOTINGS, AND
EL PASO, TEXAS, DAYTON, OHIO
PRESIDENT TRUMP IS PLANNING TO
VISIT THOSE CITIES TOMORROW
YESTERDAY CONDEMNED OR FORMS
OF HATE BIGOTRY WHITE
SUPREMACY AT THE WHITE HOUSE
HE SIGNALED CONGRESS SHOULD
WORK ON REINSTATING RED FLAGS
LAWS THAT COULD HELP STOP A
TRAGEDY HERE IS WHAT HE SAID
LISTEN TO THIS IS.
>> I AM DIRECTING THE
DEPARTMENT OF JUSTICE TO WORK
IN PARTNERSHIP WITH LOCAL
STATE AND FEDERAL AGENCIES AS
WELL AS SOCIAL MEDIA COMPANIES
TO DEVELOP TOOLS THAT CAN
DETECT MASS SHOOTERS BEFORE
THEY STRIKE.
WE MUST MAKE SURE THOSE-JUDGED
TO POSE A GRAVE RISK TO PUBLIC
SAFETY DO NOT HAVE ACCESS TO
FIREARMS.
AND THAT IF THEY DO, THOSE
FIREARMS CAN BE TAKEN THROUGH
RAPID DUE PROCESS THAT IS
WHYIVE CALLED FOR RED FLAG
LAWS ALSO KNOWN AS EXTREME
RISK PROTECTION ORDERS.
MARIA: WHAT ABOUT THAT
CONGRESSMAN WHAT DO YOU THINK
ABOUT RED FLAG LAWS?
AND DO YOU THINK CONGRESS CAN
GET THAT LEGISLATION DONE?
>> LET ME ANSWER THE FIRST
PART OF YOUR QUESTION FIRST.
I -- EVERY TIME, A TERRIBLE
INCIDENT LIKE THIS OCCURS, LET
ME JUST SAY, AGAIN OUR HEARTS
ARE HEAVY IN TEXAS FOR LOSS OF
SO MANY FELLOW TEXANS ON
SATURDAY AND UNFORTUNATELY
LAST 4 HOURS TWO MORE
INDIVIDUAL SUCCUMBED TO WOUNDS
THEY RECEIVED SATURDAY MORNING
SORT OF ONGOING TRAGEDY
OCCURRING, OF COURSE, IN
SOLIDARITY IN FRIENDS AND
NEIGHBOR IN DAYTON, OHIO YES
EVERY TIME THERE IS WHAT I
CALL A NOTORIOUS SHOOTING
THERE SEEMS TO BE A PLACE
SOMEONE COULD HAVE DONE
SOMETHING I DON'T KNOW IF THAT
IS THE CAISSONS TWO EPISODES
LAST WEEKEND.
BUT FREQUENTLY THAT IS WHAT
YOU ENCOUNTER.
MARIA: YEAH.
>> THE QUESTION THEN COMES
WHY?
WHY DID NOT SOMEONE DO
SOMETHING IF SOMETHING IN FACT
COFFIN DONE THAT IS WHAT I
THINK THE PRESIDENT IS GETTING
AT TEMPORARY GUN ALSO VERY
PROTECTS ORDERS ASKING JUSTICE
DEPARTMENT TO LOOK INTO THAT I
THINK EXCELLENT IDEA PERHAPS
THAT IS A TOOL LAW ENFORCEMENT
COULD HAVE AT DISPOSAL YOU
HAVE TO RESPECT DUE PROCESS NO
ONE WANTS TO FORM AN OPINION
FRINGE UPON RIGHTS OF
LAW-ABIDING BUT AT THE SAME
TIME WHEN CLEAR,
CLEAR EVIDENCE, I I MEAN
AURORA SHOOTING IN COLORADO
THE SHOOTING UNTIL I ANNOY
WHERE PERSON WAS ACTUALLY
FOUND TO BE IN ERROR IN HIS
APPLICATION, FOR A PERMIT, NO
ONE WENT BACK DID ANYTHING 10
YEARS LATER YOU HAVE A
TRAGEDY, SO THEY SEE ARE
THINGS THATTIVE I THINK ARE
WITHIN PURVIEW YES DEPARTMENT
OF JUSTICE LOCAL LAW