tv The Journal Editorial Report FOX News November 16, 2013 11:00am-11:31am PST
this week, with his poll numbers sinking, president obama scrambles to stem the fallout from millions of canceled health insurance policies. as nuclear negotiations continue, can congress keep the administration from a bad bargain? and the left floats an alternative to hillary clinton in 2016. could elizabeth warren derail the clinton train? my expectation was that 9 % of the american people,
either it genuinely wouldn't change at all or they'd be pleasantly surprised with the options in the marketplace and the grandfather clause would cover the rest. that proved not to be the case. and that's on me. >> welcome to "the journal editorial report." i'm paul gigot. feeling the heat. president obama thursday moved to step the political fallout from millions of canceled health care policies. announcing that insurance companies can continue to offer those plans for an additional year. but does this fix, really fix anything? let's ask "wall street journal" columnist and deputy editor dan letti lettinger. and editorial board member joe raggo. all things health care, does this fix anything really? >> it might fix a little bit but
the president is basically a guy who has caused the apolyps and comes around and says i'm going to rebuild civilization for the survivors. >> he's blown up the individual market. deliberately so because he wanted to put people in the exchanges. those people, cancellation, have now proven to be very unpopular. he's trying to say, okay, you can save it. but only for a year. what sense does that make? you can keep your policy for i year but you have to give it up next year? >> he's saying only people co covered in 2013 can take advantage of this option. there's no -- he's not trying to create a viable individual insurance market outside of the exchanges. he's trying to calm down a political furor. >> okay. dan? >> the same day he gave the press conference, the head of the white house economicgene sp appearing at an event.
he said all of this was transitional. what people have to understand is obama care is not going away, it's not stepping back. this is a holding pattern so they can eventually get these people back into the obama care system. they have to do that. it's an insurance pool. the economics collapse if too many people use this interim period to person naently withdraw from obama care. they cannot allow that to happen. >> the insurers are really up in arms about this, joe. they basically said this is going to cause prices to rise and they've been working for three years in good faith with the administration to accommodate their previous rules. now that those rules are waved for a little while, are they going to be able to make this work? >> they're going to decide that probably by monday. but they were not told about this rule change until the morning of the announcement. so they were completely blindsided. and they now have the business works and practice. it takes a long time to develop these contracts, to set rates, to set benefits, get them
approved by state regulators. if the president really wanted to ensure there's a transition, he would have announced this change ten months ago when it would have actually mattered. >> this does seem to have exploded politically in the short term to the extent it has stopped democrats from demanding even greater change. is that a fair summary? >> that was entirely why it was done, paul. which was to stop. the president wanted to stop what looked as though it might have been an enormous rebuke from him. to go even further than what the president had proposed and allowed people to keep their plans in per pa truety. those are some of the ideas in congress. so he's trying to stop that. and trying to give democrats
some political cover. the problem is, can they actually get any cover? because as dan said, as joe said, if you want this law to work as it was die sign edesign, all this bad stuff has to happen. it will continue to happen. that's the biggest problem democrats face. >> the attention now is between -- for the democrats, it's between obama's legacy and the future of the democratic party. it's going to be deeb sided in those elections in november 2014. it was so telling that senator dianne feinstein of california who is in an absolutely safe seat or jeff mercly, the senator from oregon said they were thinking of signing on to this interim fix. they are afraid if they lose control of the senate, they will be in the minority. dianne feinstein will lose her chairmanship. >> if sperling is right, this is just a transition, we just have to muscle it through, take the heat. that's what they're telling democrats, as i understand it. they're basically saying, look, this is going to be a rough period but you got to break a
few eggs to make an omelet and this is going to be all fine by election day. why is that wrong? >> well, where's the omelet? >> it's out there. it's on the next stove. it's coming. >> if you look at the enrollment numbers that they released this week, only about 100,000 enrollments nationwide. 27,000 through the 36 federal exchanges. so i think this program is a lot more troubled than even people realized by what's been made public. so these problems are going to rand randomify over time. >> i think you have the problem where the website is supposed to be working. the president reinforced again that he thinks it will be working much better. if it isn't, what happened then politically? >> i do think, look, this is the problem they've got. the cancellations are going to continue. because most health insurers are
not going to have time to fix this. it doesn't help to extend the enrollment period. most of these things that they are saying. one of the problems d s democra are coming to understand is you can't necessarily tinker with this law around the edges. but what you're going to see are republicans upping the pressure and upping the pressure for some sort of dramatic change. like a delay, something. and if their poll numbers continue to be where they are on the democratic side, the question is, are these small interim little things the president is offering to provide some cover, is it going to prove nor? or are they going to have to do something larger? >> do you think you can maybe begin to see the possibility this thing gets delayed? >> i think it's possible. as the president himself said, this is all very complicated. there are a lot of moving parts here. if the milk continues to spill out of the bottles, i think they're going to have to default to that option. >> all right, everybody, thanks so much. when we come back, france saves
the west from a disastrous deal with iran. as the administration pushes forward with nuclear talks, can congress stop john kerry from cutting a bad bargain? and my customers are really liking your flat rate shipping. fedex one rate. really makes my life easier. maybe a promotion is in order. good news. i got a new title. and a raise? management couldn't make that happen. [ male announcer ] introducing fedex one rate. simple, flat rate shipping with the reliability of fedex.
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people need to stop and think about what happens each day now that you don't have an agreement. each day that you don't have an agreement, iran will continue to enrich, iran will continue to put centrifuges in. iran will continue its program. >> secretary of state john kerry in geneva last weekend after talks on iran's nuclear program collapsed. with france's foreign minister balking at what he called a sucker's deal. kerry defended the administration's push to reach an agreement and warned that any new sanctions on iran would sink the ongoing knee goshnegotiatio and push the u.s. towards war.
we're back with our guests. matt, you've been working your french sources, which i must say are excellent. what happens? john kerry says, look everybody was on board. it was iran that walked away. there really wasn't any disagreement. true? >> no. what happened was john kerry and the iranians have essentially done a deal together without involving other countries. remember, it was over the weekend in geneva. at the last minute, the french minister said, hey, what's going on here? he flew into geneva which was not preplanned. they wanted stronger measures to stop iran from opening a plutonium plant and to do more to cut back on enrichment. my sources say they have agreed with americans and the chinese and the russians to put forward a proposal which was tougher
than what john kerry wanted to the iranians. that's when the iranians said we can't do this here. >> back to tehran. is this new deal sufficient in your view as matt described it to get a deal with iran? >> it essentially freezes -- it doesn't even freeze the iranian nuclear program in place. it basically slows it from a sprint to a jog. the iranians will still continue to enrich uranium. will still continue to manufacture centrifuges. >> this deal would not eliminate their centrifuges? >> no, certainly not eliminating their centrifuges. so much so that even if you were to remove all their near bomb grade uranium, they could replenish those stocks within three or four days. what it does do is begins the process of lifting sanctions on
the iranians and losing what are leverage the west has obtained to get to the split. >> the president said this week if iran cheats on this interim accord you can always ratchet up those sanctions again and we'll be back ton whe where we were. >> we've been through this exercise before with saddam hussein in iraq where he played this game with inspectors for years. the counterargument to that is we've got these financial sanctions and sanctions against oil importations that are squeezing the iranians. if you want to bring them to the table, why not let those sanctions continue to work rather than pulling off to a side road and starting to ease them at the margins? that's essentially the nature of the debate right now. >> there's one other point to add to what dan said. these are international sanctions. some of the most effective of those sanctions aren't really being done by the united states
or europe at all. they're freezing iran out of access to foreign currency. so once you start with sanction, you have to get all those other sanctions that you so laboriously brought on board to resume them. iran will be tempted as they have been to start cutting side deals with various other countries. >> what about congress? a lot of folks in congress, democrats and republicans. senator menendez of new jersey has been one of iran's biggest critics and supporters of sanctions. can it do anything to stiffen the administration's position? >> they didn't seem very happy with kerry's case he made on wednesday on why they should hold on off the sanctions bill. they want to hit iran's oil sector harder and limit access to currency reserves. but this bill, it takes 3 to 6 months to implement the bill. >> this is new sanctions. >> exactly. >> and if they get a deal, they can say this doesn't count because iran has to come to the
table. the main concern among those who are skeptical is now you have leverage with iran. they're hurting because the sanctions are working. so why give up very little to capitalize an policy that should work for you? >> the other thing is israel. because i can't recall a case where a u.s. ally affected by negotiations was so publicly critical of the u.s. position while the negotiations were going on as prime minister netanyahu was this week. what's going on from israel's point of view? >> when he met with obama on the edges of the u.n. general assembly was very clear in stressing the moment you start lifting a few sanction, the whole deal is going to begin to crumble and the israeli red line has been if you're going to get a negotiation that actually moves towards dismantling their enrichment capability, that's the deal israel is willing to
sign off on. i think israelis thought they had obama's understanding on that and the administration is kind of walking away from that. >> this is going to be worth watching. when we come back, hillary clinton widely viewed as the democratic front-runner in 2016 but some on the left are floating an alternative. could a freshman senator once again derail her presidential ambitions? eir cars. ted is trying to get a hold of his insurance agent. maxwell is not. he's on geico.com setting up an appointment with an adjuster. ted is now on hold with his insurance company. maxwell is not and just confirmed a 5:30 time for tuesday. ted, is still waiting. yes! maxwell is out and about... with ted's now ex-girlfriend. wheeeee! whoo! later ted! online claims appointments. just a click away on geico.com.
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well, she's widely considered to be the democratic front-runner for president in 2016 but hillary clinton's corenation is apparently not sitting well with everyone on the left. the cover story in this week's "new republican" tells wall street scourge elizabeth warren as, quote, hillary's nightmare and wonder if the soul of the
democratic party really lies with a freshman senator from massachusetts. we're back with kim strousle and "wall street journal" editorial board member mary kissle also joins us. kim, start with you, what's behind the warren boom? >> the argument is if you look through the history of the democratic party, there's always these flashes of enthusiasm for these populist anti-wall street candidates. some of them, most of them, have always flamed out because they do tend to appeal to only a small part of the base. campuses and white liberal, cultural liberal. but not necessarily with minorities or the working poor. their argument, "new republican" argument is that has changed, the combination of the 2008 financial crisis and barack obama as president has shifted the party. they're ready and eager for a candidate like warren. certain be thithings like the b
blasio election in new york prove that. and this is where the party should be. >> what positions have warren supported that really get these left wingers excited? >> as kim says, she's an economic populous. she's basically a single issue candidate if she runs for president. she's all about consumer protection. if you look at her record in the senate -- >> isn't that populous? >> it's populous in new york with de blasio but i'm not sure it's popular in the middle class which is suffering now. i think they just want a job. >> isn't it also income re distribution? she supports a whole liberal economic agenda. >> she does but she's also a political novice. she also has no foreign policy experience. i think she might play well to the harvard campus but i'm not sure she played well to the rest of the country. if you're a republican, you might be all for elizabeth
warren for president -- >> that's what some republicans said about barack obama too and that hasn't been an experience a lot of them want to repeat. what is it about warren's record? what she's done in the senate? she's now been in the senate a couple -- >> she wants tighter enforcement over financial institutions. she really wants to put the thumb of the regulators on the banks, other company, other financial institutions. she started the consumer financial protection bureau. a big protector. clearly, a constitutional agency that has no checks and balances. and wants agencies to declare guilt when they enter into settlements with the sec. when you ask the country, do you know who mary joe white is and -- >> she's the head of the securities and exchange commission. >> look, is occupy wall street important today as it was three years ago? i don't think so. >> she's a thorn in the side of
the obama administration. she helped to scuttle the nomination the president wanted to make of larry summers, former treasury secretary, as head of the federal reserve. she organized that insurgency, right? >> absolutely, she did. she's also got a very great fund-raising operation going. she raised more than $40 million when she ran for senate last year. that is formidable. but, again, it may play well here in new york city, but i'm just not sure that she's going to get the kind of african-american/hispanic/ working class, white community she'd need to get. >> what are the chances hillary clinton will run? pretty good? >> i think they're very good. what marry just said. look, hillary clinton's base is minorities, the working class, blue collar workers. they almost allowed her to succeed against barack obama. and the thing i think that the problem that warren has, you know, the economic populism argument has appeal.
but with that comes liberalism. that's a problem for the democratic party in national elections. like the 2010 leexs. it was an enormous rebuke of the first two years of the obama administration. that's the problem. >> all right. this could be fun. watching this. we have to take one more break. when we come back, hits and misses of the week. when you have diabetes like i do, getting the right nutrition isn't always easy. first, i want a way to help minimize my blood sugar spikes. then, a way to support heart health. ♪ and let's not forget immune support. ♪ but now i have new glucerna advance with three benefits in one. including carbsteady ultra to help minimize blood sugar spikes. it's the best from glucerna. [ male announcer ] new glucerna advance. from the brand doctors recommend most. advancing nutrition for diabetes. find out why over one milliusinesses have trusted legalzoom to hp them get started. when you're ready to open the doors to your business, wel have a personalized legal solution that's right r you. start your business today with legalzoom.
time for hits and misses of the week. matt cominuski. >> an update on canadian politics. the mayor of toronto who last week admitted he smoked crack cocaine had another banner week. he said he went on the foul mouthed tirade on live television. then he said he would sue his staff for leaking news of his cocaine use to the press. and that he would not resign as mayor of toronto. canadians are very proud of not being like americans but i think
their politics have sunk to our low. >> mary. >> too easy but i'll do it anyway. big miss to the united nations for electing in secret ballot the low rights of the community. russian, saudi arabia, vietnam, to the human rights council. our ambassador to the u.n. tweeted they she hopes these countries practices will change. just what we need, more promise also of hope and change. >> okay. brett. >> this is a hit of sorts to sotheby's auction house which this week auctioned off an andy warhol painting for $105.4 million. that's a lot of money. shows the art market is healthy. shows someone is willing to shell out that kind of cash. on the other hand, andy warhol, really, $105 million? there are many things in life that money gets but taste isn't one of them. >> if you have your own hit or miss, please send it to us at jer @foxnews.com.
that's it for this week's show. thanks to my panel and especially to all of you for watching. i'm paul gigot. hope to see you right here next week. more democrats turning away from the white house and crossing the aisle to suggest changes to obama care. good afternoon, everyone, welcome to america's news headquarters. glad you're with us. i'm greg jarrett. >> i'm arthur neville. it's over the botched rollout of the troubled health care law. the white house insists everything will be just fine butp democrats in congress are feeling the heat back home. as of last night, more than 5 million americans have received insurance cancellation notices leaving them in a state of limbo. molly