for those who say oh the president
00:02
starting a trade war oh and we've been
00:04
in a trade war for the last eight years
00:06
and we're getting our ass kicked
00:09
[Music]
00:17
welcome back to the war room Owen
00:19
Shroyer Roger stone with you the
00:20
breaking news breaking right now Gary
00:24
cone is out as Trump's top economic
00:28
adviser he announced he will be
00:29
resigning and of course this just adds
00:33
on to the list in fact guys you might
00:35
even have that graphic the graphic ready
00:38
that we had last week when hope Hicks
00:39
resigned so it's just a list of all of
00:42
the resignations
00:43
from Trump's administration and his
00:45
cabinet again it was hope Hicks last
00:47
week after she gets grilled for nine
00:51
hours and then they twist her arm into
00:54
saying White Lies and now she's out and
00:56
now today you've got Gary Cohn so let me
00:59
see here let me just do some quick
01:01
counting here so this so that's now 18
01:05
members 18 members of trumps
01:09
administration have resigned I mean
01:13
Roger what what what do you know what
01:15
have you heard what's going on with Gary
01:17
Cohn resigning as the top economic
01:19
adviser well and this is a little ray of
01:23
sunshine if you ask me I mean going Gary
01:26
Cohen was always a very strange fit for
01:28
the Trump White House it's the former
01:30
chairman of Goldman Sachs a Liberal
01:33
Democrat who has no passion for tax
01:36
cutting an advocate for carbon emission
01:40
credits who was pushing very hard for
01:44
the President to sign the Paris climate
01:47
Accords which he valiantly decided not
01:50
to do it was Gary Cohen who told the New
01:53
York Post that President Trump was
01:56
coming to Paris to get smart and that
01:59
his views on climate change were
02:01
evolving no they weren't so I read
02:06
several things here one is very clearly
02:09
Cohen has
02:11
lost the struggle to become the next
02:13
White House chief of staff he was among
02:17
the handful of aides who were constantly
02:20
mentioned as a potential successor to
02:23
General John Kelly
02:25
after general Kelly gotten broiled in
02:28
the Rob Porter affair where he appears
02:31
to have approved Porter's ascension to
02:34
the White House staff despite the fact
02:36
that there were very credible
02:39
accusations of spousal abuse by mr.
02:43
Porter the the appointment of Gary
02:47
Coleman who probably didn't vote for
02:49
Donald Trump
02:50
certainly doesn't share his anti
02:53
interventionist non globalist worldview
02:56
would have been an unmitigated disaster
02:58
so I think that that this is good news
03:02
now mr. Cohen was also passed over for
03:05
chairman of the Federal Reserve what I
03:09
guess he would have taken as a
03:10
consolation prize that appointment also
03:14
now not happening when you couple this
03:17
with the with the departure that is it
03:21
now expected of general HR McMaster a
03:25
globalist with very clear ties to George
03:29
Soros who stepped in into the vacuum
03:32
created by the termination of that great
03:35
Patriot General Mike Flynn you know this
03:38
is good news now what we don't know is
03:41
who will replace Cohn although I would
03:45
recommend Steven Moore of the Heritage
03:48
Foundation Steve Moore and Larry Kudlow
03:52
the supply-side apostle from CNBC were
03:57
largely responsible for helping
03:59
President Trump
04:01
write his extraordinarily dynamic
04:03
economic plan and for the deep tax cuts
04:07
that had become the president's
04:10
signature issue Moore would be an
04:14
exceptional replacement for mr. Cohn and
04:19
diametrically opposed in terms of his
04:23
his backward
04:24
more is a Reaganite more is a true
04:27
conservative more is a supply-side er
04:30
who believes in the president's tax clot
04:34
cut and inversion plan and of course you
04:39
mentioned CNBC there it's it's worth
04:41
mentioning it just two diametrically
04:44
opposed reporting that you get from
04:46
MSNBC and CNBC it's it's really shocking
04:50
where CNBC just brings you the news
04:52
mostly economic market news with the
04:54
neutral perspective where MSNBC is just
04:57
everything as a hate Trump angle but
04:59
getting back to the cone resignation
05:01
what do you think or did this
05:03
resignation have anything to do with the
05:06
recent tariffs announced by President
05:08
Trump well it could I mean very clearly
05:13
Donald Trump's advocacy of tariffs as a
05:17
as a tactic to to to force real free
05:23
trade in other words for those who say
05:26
oh the president starting a trade war oh
05:28
and we've been in a trade war for the
05:31
last eight years and we're getting our
05:32
ass kicked so now for the first time the
05:36
president is going to turn around and
05:37
use the exact same tactics that are
05:39
being used against us against our trade
05:42
partners they're slapping tariffs on our
05:45
goods abroad we are not we're giving
05:48
them unfettered access to our markets to
05:52
the detriment of American workers and
05:54
American exporters I don't think the
05:56
president wants to enact terrorists but
05:59
he will if it's the only way he can
06:02
force some of these markets open this is
06:05
very much like the the situation in in
06:08
North and South Korea where the media
06:11
has said Oh Trump is irresponsible Trump
06:13
is corny World War three Trump is a
06:15
madman Trump is a maniac guess what
06:18
tough talk is what got that North and
06:21
South Koreans to the table does anyone
06:23
believe that North Koreans would be
06:25
talking today if they did not fear a
06:27
direct action by Donald Trump so this is
06:31
a what i implying what President Richard
06:34
Nixon and dr. Henry Kissinger
06:36
used to call the madman theory which is
06:39
they fear strength they don't fear
06:42
weakness contrast this with Barack Obama
06:45
who would draw a line in the sand and
06:48
then step back and watch our adversaries
06:51
step over it and do nothing and also
06:55
think there's a sense of fear for the
06:57
unpredictability that President Trump
07:00
offers as well that kind of has them
07:02
stepping back a little bit as well
07:04
especially especially when you look at
07:07
what Kim jong-un has done meeting with
07:09
the South Koreans for the first time
07:11
since he's become leader and as far as
07:13
those tariffs are concerned I've seen
07:14
arguments on both sides I'm not gonna
07:16
act like I'm some expert on what's gonna
07:18
happen with these tariffs I'm gonna wait
07:19
and see what comes to fruition I'm gonna
07:22
wait and see what happens
07:23
from these tariffs that I have to say
07:24
you know I trust Trump's instincts on
07:27
going with this stuff he's obviously a
07:29
successful businessman he understands
07:31
international markets and everything
07:32
he's done so far I'd say has helped the
07:34
economy so we'll see if these tariffs do
07:37
that as well Roger stone is with us for
07:40
the remainder of the war room here today
07:42
we're gonna get into some more of the
07:43
other news on the other side he goes on
07:46
Meet the Press and he gets bullied it's
07:48
a bloodbath but he still stands tall and
07:51
comes with all comes with us on the war
07:53
room we'll be right back on the other
07:54
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