Eric Bolling

Sie mussten Howard Lutnick aussuchen, um Gesundheitsschutz zu bekommen. Correct me if I'm wrong, I mean, this is out there. But it's 25 years ago and people are like, oh, Howard Lutnick. They don't remember. Since then, my first experience with Howard Lutnick, because I was trading oil on the New York Mercantile Exchange, I was on the board.

Sie mussten Howard Lutnick aussuchen, um Gesundheitsschutz zu bekommen. Correct me if I'm wrong, I mean, this is out there. But it's 25 years ago and people are like, oh, Howard Lutnick. They don't remember. Since then, my first experience with Howard Lutnick, because I was trading oil on the New York Mercantile Exchange, I was on the board.

We were huge, we were growing, we were the premier oil trading platform in the world. For every single barrel of oil, price was discovered on the New York Merc, and it still is. I was a board member there. Howard calls from Canter before the World Trade Center comes down. He says, I'm going to put you guys out of business.

We were huge, we were growing, we were the premier oil trading platform in the world. For every single barrel of oil, price was discovered on the New York Merc, and it still is. I was a board member there. Howard calls from Canter before the World Trade Center comes down. He says, I'm going to put you guys out of business.

I'm developing an oil contract that is going to bury the New York mercantile exchange. So I went over there with a couple of other board members to have a nice conversation with them to see if there's a way we could all work together. To discover prices for oil. The more price discovery, the more people involved, the better.

I'm developing an oil contract that is going to bury the New York mercantile exchange. So I went over there with a couple of other board members to have a nice conversation with them to see if there's a way we could all work together. To discover prices for oil. The more price discovery, the more people involved, the better.

He just literally looked at us and said, I'm going to develop a contract putting you guys out of business. Make a long story short, the exchange is still here. It's a $150 billion entity and Howard's making tariff.

He just literally looked at us and said, I'm going to develop a contract putting you guys out of business. Make a long story short, the exchange is still here. It's a $150 billion entity and Howard's making tariff.

Well, I think it's his... He sold it as his expertise. I mean, he came in as the Commerce Secretary and he had an idea. And Trump liked the idea. But the problem is that the idea of raising your own tariffs to reduce global tariffs on incoming imports, their exports are imports, is a nice idea. It's a... Maybe it would work, maybe it wouldn't. I don't know.

Well, I think it's his... He sold it as his expertise. I mean, he came in as the Commerce Secretary and he had an idea. And Trump liked the idea. But the problem is that the idea of raising your own tariffs to reduce global tariffs on incoming imports, their exports are imports, is a nice idea. It's a... Maybe it would work, maybe it wouldn't. I don't know.

Maybe it throws people, the world into a global recession. I'm not sure. But he sold it and Trump kind of liked the idea. And then it got away. It became something different. I think it'll get back to what the original was.

Maybe it throws people, the world into a global recession. I'm not sure. But he sold it and Trump kind of liked the idea. And then it got away. It became something different. I think it'll get back to what the original was.

I think Janet Yellen should never have been Treasury Secretary. I think she's ridiculous. She's the one who said inflation was transitory when it was clearly not transitory for the better part of four years of Joe Biden's presidency. It was directly tied to their policy. I just happen to also question whether or not raising tariffs will actually create American jobs.

I think Janet Yellen should never have been Treasury Secretary. I think she's ridiculous. She's the one who said inflation was transitory when it was clearly not transitory for the better part of four years of Joe Biden's presidency. It was directly tied to their policy. I just happen to also question whether or not raising tariffs will actually create American jobs.

And what kind of American jobs are we going to create here if we do this? Clearly product prices are going to go up. If all things stay the same, Tariffs stay high with China and others. Product prices will go up globally. Hopefully there's enough demand to support the higher price. Maybe there is. I believe there's a lot of demand in the US economy right now. But you have to worry about China.

And what kind of American jobs are we going to create here if we do this? Clearly product prices are going to go up. If all things stay the same, Tariffs stay high with China and others. Product prices will go up globally. Hopefully there's enough demand to support the higher price. Maybe there is. I believe there's a lot of demand in the US economy right now. But you have to worry about China.

China right now is on that precipice of, is there enough demand to keep them paying for their growth? I'm not sure. So that's the risk. And the payoff would be, Patrick, is Tim Cook says, I'll give a half a trillion dollars. We're going to build 500 billion dollars worth of manufacturing facilities. In America.

China right now is on that precipice of, is there enough demand to keep them paying for their growth? I'm not sure. So that's the risk. And the payoff would be, Patrick, is Tim Cook says, I'll give a half a trillion dollars. We're going to build 500 billion dollars worth of manufacturing facilities. In America.

Letnick said, okay, we're going to have Americans screwing those little screws in iPhones. No, that's not how it happens. They come back and if they do spend money to build a manufacturing plant here, which would be great, economic activity is good, they'll all be robotics. Every single iPhone will be built with robotics.

Letnick said, okay, we're going to have Americans screwing those little screws in iPhones. No, that's not how it happens. They come back and if they do spend money to build a manufacturing plant here, which would be great, economic activity is good, they'll all be robotics. Every single iPhone will be built with robotics.