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And welcome to day fourteen of the partial federal shutdown as we are now.
Just a few days away from what is being called the cataclysmic.
Debt ceiling breach etc.
-- Federer etc.
-- that we try to figure out.
When we try to figure out.
How the interplay between the world of actual money.
The world of fake money in Washington.
Works out we turn to our friend Nina -- she is the Washington editor yes of course of fortune magazine.
And nobody knows the intersection between real money and fake money.
And new York and Washington.
Easton high Nina.
Hey Chris I actually have to correct you on one point it I'm -- and that and that's -- It's about Columbus day of -- OK I graduated from UC Berkeley.
Enroll at UC Berkeley and -- actually in the town of Berkeley it is known as you get this indigenous people's day.
I'm for it all kinds of indigenous and let me just tell and let me just tell you something there are a number of other extremely PC localities around the US that have also adopted.
Indigenous people say.
We know it's like being -- a get a kick out of that.
It's cool we're not we're -- we're we're still we're still glad for the United States of America we think -- we think it's a good thing and we know that UC Berkeley maybe as some reservations about -- -- issues have some -- Yeah -- little I always I always enjoy that like it is fixed so off the charts PC that you just you just have to laugh out.
And you know doctor.
Doctor Bonner is magic so cannot float like the -- the content in the Santa Maria nobody has made it is made from him OK so the question for you mean it is.
We have been told that the markets eventually are going to precipitate a deal in Washington.
Are the markets listening.
Are people with actual money.
Listening when Washington says were having -- meaningless fight will definitely raise the debt.
The markets are nervous.
Yeah you know hi I have to say you know let's let's step back we're all kind of in the -- is or can it be a deal what's it gonna look like the sequester -- the -- getting you know getting an edge over -- Republicans politically.
-- -- step back don't we wish.
You know on this on this day in history that we can go back to time -- lawmakers actually looked to be on their own selfish political interests.
And did what's right for the country to just like economically whatever you think of -- government shut down it's costing about a 160 million dollars.
It to the economy today I was a department store yesterday it's Columbus Day weekend it was and and you know when a clerk said to me you know this government -- really hurting us as us attorney is such as government employees it's hurting businesses.
So that's that's kind of the fender -- to the economy.
Then you take -- -- the debt ceiling.
And I know there's some people say well it's not really going to be around the Baltic -- etc.
if if the debt ceiling is not -- because the government and -- pay its interests.
They're it'll be economic disruption Christine Lagarde who by the way and interviewing tomorrow night -- our -- -- horrible even summit.
-- she said.
You know she said this weekend she said that director of the IMF she said there's could be massive disruption.
And possible tipping back into a recession that we just climbed -- way out of is this something we really want to play with she you know she hit a high on her mind by the way with the fact that you know the government let Lehman Brothers fell on what happened then.
Regardless of what you think that whether that it's a good decision or not.
The political decisions have impact I remember so vividly the day the house.
Rejected the first TARP proposal.
Probably right possibly probably rightly so by we tell -- it was about this on a year.
It was about this I am hearing is actually during our fortune women's summit I remember this end up getting these things market and you got something to talk about it.
Yeah and the market tanked 700 points so you know this is stuff like you don't.
You know you don't mess with this and he and you cannot -- to Chris.
The fragility of the economy right now and -- that growth is just like -- growth is not robust.
Unemployment is still something like seven point 2% we still have millions of people sitting out the job market and even given up looking.
And I thought it was really interest in the global finance ministers come.
To Washington this week and with all the problems all over the world.
Particularly in the eurozone what are they fixated on what are they scared up they're scared of Capitol Hill and the White House.
And whether they're gonna make a good decision and let me but all in all this yellow all right just -- okay go ahead and other points.
The other point yeah I'm sorry it just -- the other point is that you know.
And you know which is acting like a cold blanket on economic recovery something else that we should.
The president needs to get beyond his -- liberal agenda and look at and and communities to take -- -- I don't want to make it sound like I'm.
You know defending his White House are defending Democrats I think on both sides they need to look beyond.
Their own individual selfish agenda.
Maybe -- one more point.
I'm sorry Chris I didn't know -- so I recovery yeah I know it's all right it's okay it's Columbus -- people get fire I would -- people fired up.
I guess I -- to -- the people's death might help out but.
Washington -- is -- in the clearest voice that Washington can Muster.
There's nobody talking about the debt ceiling now.
Ted crews everybody Jim -- would say.
Raise the debt ceiling is -- -- they want it -- unconditionally as soon as possible so they can continue fighting over the government shut them.
John Boehner says no way are we going to -- the debt limit everybody everybody said it's.
That no matter what at the end John Boehner -- in the house will issue.
In the in crisis mode we'll still issue an extension of the debt ceiling.
That goes to the senate for universe is for unanimous consent and to the president for signature.
Right at -- -- -- probably they will have a temporary extension on the -- right right.
Okay what it what does that mean that means that thirty days from now.
Sixty days from now January wherever they -- extension -- re going to be back here again the -- -- -- then in this are uncertain phase.
Businesses you know there's this foreign company.
That was deciding whether or not to invest in a factory in the US and it's kind of waiting because of all of this -- lots -- -- sort of underlying.
Economic told this is taking you cannot be underestimated -- I think we get into this little you know this this little world is in Washington.
And don't recognize the broader aspect of all of this.
This stuff going you know all of this non decision decision meeting that's going on it's constantly -- -- to step down the road yeah.
Are you know that's what we have you for.
That's we have made and are we and that's what have you -- and we thank you for taking time and what is a very busy week and congratulations on another installment.
Of the most powerful women you should always be on the list we thank you.
For making time for us.
Thank you Chris.
The train rumbles and rolls on.
The shot down express.
Will -- -- when we come back -- panel to tell you actually you know what.
That took a long time let's just go right to the camp -- a right to the panel I think we should because if I sing out and I say.
Well Doug shown are you out there I am indeed.
Then we are halfway to an excellent guest.
And I'm sure by your estimate probably a little bit more than halfway -- Arafat's death.
Doug shown he is a Fox News contributor is of former pollster for the house of Clinton he is most important -- One of the host of political insiders -- Chris thanks for the -- -- There's quite so now we're waiting out there we believe Brad -- exists somewhere but let's not waste any time talking to -- about this.
So it has been positive.
That the president who had an unhappy and you talk -- you I've talked about this before the president -- an unhappy start to his health law.
They -- -- that's -- -- glitches like an avenue I found.
New York Times piece on Saturday basically said this is not a glitch this stinks.
It's it's not constructed well.
Has the president.
Is -- been a blessing in disguise for the president as it relates to having the government shutdown and all this because it takes attention away.
I think absolutely Chris -- I'm not advising the Republicans they haven't asked.
I'll offer some free advice I think they should get the government open.
I don't think from their point of view.
Clean CR verses.
Getting specific commitments whether -- -- On health care -- deficit reduction however desirable as amusing as it is as important for them as appearing to cooperate.
But bottom line moving beyond that.
If they could spend the bulk of their time.
Talking about fixing legislation.
That is increasingly not only -- popular but on workable.
They could make political hay and position themselves better for 2014.
I think from the -- and we saw last week.
Despite the unpopularity.
-- the lack of popularity of Obama's programs and indeed the president himself.
Other Republicans are getting the brunt of the blame and need to change the dialogue -- -- conversation.
Now I'm going to see how magical you really are -- -- because I believe that if I say the words Brad Blake then he will appear as if by magic.
Is that true he -- Brad -- boom -- that's what I'm talking about that's how good you are Internet -- Brad hey how are you.
I'm well -- Brad is of course former deputy assistant to president George W.
Bush the Republican operative maker of things to do were -- things professor now.
At the Georgetown University Brad let me engage in some rank cynicism about the national press corps.
I posit that no matter what the Republicans were doing.
Even if they were passing clean CR is and clean everything and doing all of whom by -- That there would not need coverage and there would not be discussion of what was wrong with obamacare.
That that's actually correct but I must say that Republicans have facilitated.
There they're being given limited fighters but yeah by their own action I I've been listening to -- -- actually right.
Look obamacare is got enough failings it it needs to be fixed.
And Republicans fell into the trap.
Making obamacare the story but in any positive way for the president as opposed to the negativity that would've been seen if if the story was about the failure of obamacare supposed to.
The Republicans trying to tie the obamacare -- -- -- York.
Right now Doug government shut down six or eight weeks from now.
And I think we can reasonably expect that this will be in the rear view mirror.
The partial shut down the debt ceiling stuff will be on to the next fiscal -- will be on to the next a terrible failing of the American people by it's government.
That won't continue to play itself out but Obama -- forever.
Well I I don't necessarily agree with -- -- My own take is that the Republican.
Party is a damaged brand.
That if we do kick the can down the road was short term increases in the debt ceiling.
And opening the government.
Or a limited period of time with a CR.
I don't think that that -- sponges the political standings.
That exists around both parties but particularly the Republicans.
Yes obamacare is a problem and it's an ongoing problem.
For the reasons we've been discussing.
But no this this is a branded in trouble -- I think one of the things about your own.
Perception that I think you need to -- and perhaps we calibrate.
When you're down -- 70%.
For the Republican Party it requires.
A degree of introspection that would be beneficial.
Well no doubt it would be good for everyone to -- to take inventory of their own faults more.
-- -- -- I'm not totally pulled some talking you don't have them but it talking analytically about how you think about the party.
Well -- but did but Brad and Republicans don't particularly like being Republican.
They are Republican by and large because.
That -- it's what's available there isn't the sort of a -- that comes Democrats.
Our movement oriented people there.
Into community there into that kind of stuff Republicans.
-- don't what they're not join errors in the same way.
And it's not surprising that that brand.
Suffers more right.
Well I think one of the problems we have is Republicans is we've allowed ourselves to be -- lies by the Tea Party.
-- Tea Party is not a party doesn't run candidates as a centralized leadership.
And what we need to do is we need to regroup under one -- that's not enough to be against something we have to stand for something that we stand for a lot of fiscal responsibility.
And and what we need to do is is regroup with a new contract for America don't call that.
But we need new policies we need great candidates it would be nice that that some of this time.
And and we got to come out kicking.
And screaming against a president whose policies have failed us obamacare in January is not going to be any more popular than it is today.
We've got to point out the failings of obamacare and and we need to change it.
And we also need to bring some fiscal quarter.
-- to government that spends too much and takes into little so these kinds of things we need to be united.
With the good candidates yet articulate a policy that the American people understand.
And we'll be fabulously well in the mid terms but we need to we need to really.
Put our nose to the grindstone this spring the summer.
-- sound Doug -- the Democrats did a very good job an impressive job.
After -- and rancorous 2008 election.
Squelching the internal disputes that a rose during the primary.
-- shut up and they got together.
Republicans I'm listening to.
Ted -- on the right or I'm listening to Peter King a more moderate and Republican they are still engaged even in real time while they're negotiating with Democrats.
In this in fighting their attacking each other.
Calling each other in king's case calling each other out by name in engaging in this fight in real time while they're trying to contend with the president.
Well that's absolutely right and -- like where is absolutely right -- The Republican Party needs to be positive.
It needs to talk about an idea that we haven't talked about today and then be the Republicans talk about prices level which is growth.
And a better quality of life -- Job creation.
And a sense that we are.
Motivated by a common set of principles.
Many Democrats share those values they just believe that there should be more government than the Republicans do.
Well what's really missing Chris is a sense of common purpose in the country and that to me is as big a problem.
As the weakness of the parties arguably even more serious.
All right more of them plenty of serious problems we will we'll we'll just start a punch list.
Brad Blake Menendez shall we thank you for having us add more boxes.
Have a great day both of you try to -- Okay Internet you when -- done with you yet because you wanna talk -- -- -- far off.
I know you do.
-- you know how I know you do because so many of you have gone to read her new piece at Fox News opinion.
She is back from Egypt.
Where she went and sat down with the leaders.
The new military government there.
Is it went is it -- the ball what is it.
Is it better than the islamists who rule the country for a period of time the US backed islamists who rule the country for a period of time.
What are these guys like is KT McFarland out there.
-- -- -- Not yet okay we're gonna take a quick break this time and we'll see if KT -- -- to materialize on the other side -- stick around.
Is what it looked like when Fox News national security analyst KT McFarland sat down with the general policy see he is -- man.
With whom to talk in Cairo.
Leader as he is the military backed government.
There and this is power -- welcome back to the cannon rotunda and welcome to -- herself fresh from.
Egypt I KT -- -- thank you for having man.
Well of course you -- you are not just the Fox News national -- analysts.
You are a maker of dot com magic and we always love your work at Defcon three them.
OK so back.
You wrote a great piece from revealing piece and I like your style very punchy very straight forward.
He for Fox News opinion we put it in the Fox News first note today.
That talks about the situation for this military backed government in Egypt now give us the give us that -- shortcake.
OK we met with everybody especially the people that the government has US government -- -- meeting with and the media has been meeting with and we heard a very different story.
Of what's going on first of all.
It wasn't a military coup and -- traditional sense it was.
The majority of the Egyptian people want -- president Morrissey in the Muslim Brotherhood gone because they were destroyed all the elements of democracy.
Number two we think of the Muslim Brotherhood as this nice garden variety political party it's.
It's affiliated with and -- philosophically aligned with al-Qaeda they would not trying to establish a democracy under the Muslim Brotherhood they're gonna do -- they.
The Muslim Brotherhood did on the west and the Gaza Strip one man one vote one time and then finally.
And probably the most critical point.
-- just got about six months to get it together they've got to establish security.
So that the economy starts reversing the downward spiral.
If not Egypt is gonna go the way of Pakistan and other countries that just economically can make it they will not be able to feed their people within six months.
If they don't have tourism return in foreign investment return.
And why don't we don't care and here's a little bit you know overall that was Chris why we care -- because -- Suez Canal.
We care because that's worth a lot of world trade goes our trade or -- We also care because whatever happens in Egypt will affect the entire region peace with Israel and frankly the direction that the other Arab countries in the region gallon.
So now what would you say to Americans who would respond look the Obama administration is going to is going to taper off foreign aid.
To Egypt as you say citing a coup and that you say not a coo -- not a coup but -- in Atlanta.
But the the question is.
It's why you we should care about what happens in Egypt.
If gulf states like Saudi Arabia and Qatar are gonna step -- aunts and augment Egypt's aid package what does it matter what the United States that.
And yeah if I'm -- OCC said to us he said look.
-- -- -- aside the -- is not what's important here is the moral political support.
He said any good and -- quoting him he said it wouldn't cost -- up -- to support us and given us the kind of political and moral support we need.
And it would make all the difference for our security so frankly it's not about the -- It's about somebody from the State Department podium lecturing that it's the egyptians saying -- and -- -- during Iran saying we're going to sit in judgment -- you.
The United States has -- and direct national security interest in keeping Egypt to stable state.
And if we're not going to give -- the money at least give them a moral support and frank great.
-- giving them the money what we do is we -- them the money to buy our what our weapons systems I don't see how we're losing them out want.
Well especially not they're good people at Northrop Grumman.
The the other question -- is.
Egypt provides a bull work as you say as it relates to regional peace it's -- -- star.
But it also happens to be an end to itself a nation of what some ninety million.
And I alien an Italian guy and -- managers say apple work.
They're poor and they're really beyond your means something like 40% of the population is under the age of thirty.
So it's a problem that only gets worse they don't have jobs.
Youth unemployment is -- probably 4050%.
And that doesn't count women are just counting -- -- don't have jobs.
So it's an economic problem that then becomes a political problem and frankly becomes.
A stability problem for -- I acres I was on Henry Kissinger staff in the early 1970s when Kissinger negotiated.
The first peace agreements between Israel.
And Egypt and as a result of those peace agreements for forty years we haven't had an Arab Israeli war.
For forty years that region has been fairly stable.
And if they're fun for all that away first lot of Russians are happy -- standing like that you know like the new boyfriend out with.
-- chocolates and hand and ice hockey standing in the Al hoping to take our place at the airport if there they rejected that Egypt as a rejected suitor.
And so it will really not -- -- United States out of the region but I think it'll lead to real instability there will be an economic challenge for us as well as a foreign policy towns.
We'll give this give this.
Countries simple country -- the straight take on this.
What they what -- I trust your assessment of these things and people could you've dealt with world leaders you say dating back to the Nixon era.
But what's your take on Al CC is -- a man with whom we can do business.
I hate to use that quote because -- -- gets people in trouble.
I think well OK this straightforward guy I don't think he's a guy look and that.
You know make himself a new fair I think -- somebody who stepped in when you size country on the verge of civil war.
The test will -- does he run for president.
When the Egyptian constitution gets ratified by the end of the year I don't think you well I think he's very happy being a general and feels that.
I mean to meet right he reminded me frankly Chris of Anwar's -- the guy who risked his life and ultimately gave us life to have peace between Israel.
And he chipped.
But this world has -- too many politicians and how many missed half -- -- to malls and too few George Washington street.
-- exactly and that's why a sand the American it's taken our experiment has been so successful because we -- have George Washington.
Cincinnati that's where are you Egypt needs one right now but we needed you do -- you were here for -- -- and we thank you.
Thank you repeats goal Internet go coxnews opinion and read her great Smart -- and get her great Smart take thanks -- thank you very much by myself quite so okay you Internet ability to tell us we've had no video today there's been zero video so we've been a little you know run and and -- and and it's been fun.
We thank you for hanging with us through trips and stumbles.
But remember -- here in Capitol Hill so we look good by comparison to what these guys do.
So thanks for making some time for us today and we'll see you back here tomorrow.
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