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Date
Summary
Former Trump Advisers Warn Big Tech Breakups Could Make the U.S. Vulnerable To China (clip)
Subjects
Source
Fox Business Network

Name: Fox Business Network
URL: http://www.foxbusiness.com/index.html
Show
Kudlow

Name: Kudlow
URL: https://www.foxbusiness.com/shows/kudlow
Persons
Larry Kudlow
, Robert O’Brien

Name: Larry Kudlow
Employment: CNBC
Position: Host, Economist
Name: Robert O’Brien
Employment: Larsen O’Brien LLC
Position: Attorney
Event
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Uploaded
06/15/2022 02:23 pm
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Video
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MP4 (1280x720)
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0:05:12
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Transcript
RUSH TRANSCRIPT At longlivedogs ░░░░░░░░ Larry so why are ░░░░░░░░ pushing to break up ░░░░░░░░ Tech when it only ░░░░░░░░ China frankly take over ░░░░░░░░ industry Here to weigh ░░░░░░░░ on that subject is ░░░░░░░░ mentor Robert O Brien ░░░░░░░░ national security advisor in ░░░░░░░░ Trump Administration Mr O ░░░░░░░░ welcome back from your ░░░░░░░░ I m looking at ░░░░░░░░ fabulous letter to Mitch ░░░░░░░░ and Kevin McCarthy and ░░░░░░░░ is maintaining America s ░░░░░░░░ edge over China and ░░░░░░░░ are not happy with ░░░░░░░░ of these bills that ░░░░░░░░ allegedly bipartisan Tell us ░░░░░░░░ more please Well look ░░░░░░░░ one thing of standing ░░░░░░░░ in the world Chinese ░░░░░░░░ party in the world ░░░░░░░░ the American private sector ░░░░░░░░ of the big parts ░░░░░░░░ that is tech All ░░░░░░░░ have to do is ░░░░░░░░ Elon Musk did with ░░░░░░░░ outset of Ukraine war ░░░░░░░░ Ukraine connected What youtube ░░░░░░░░ getting Zelenskyy s speech ░░░░░░░░ to the Russians You ░░░░░░░░ why the Chinese don ░░░░░░░░ like it They will ░░░░░░░░ American tech Scale their ░░░░░░░░ Put trillions of dollars ░░░░░░░░ it They have been ░░░░░░░░ about it They have ░░░░░░░░ 2025 policy to destroy ░░░░░░░░ s tech sector Now ░░░░░░░░ have these bills out ░░░░░░░░ help them do it ░░░░░░░░ is pretty amazing Give ░░░░░░░░ access to our algorithms ░░░░░░░░ to our data We ░░░░░░░░ be banning Chinese companies ░░░░░░░░ taking action like India ░░░░░░░░ against China Big Tech ░░░░░░░░ we re coming after ░░░░░░░░ American companies The only ░░░░░░░░ is CCP and Klobuchar ░░░░░░░░ campaign and Hillary Clinton ░░░░░░░░ behind their bill Why ░░░░░░░░ Republican would behind this ░░░░░░░░ business approach is confounding ░░░░░░░░ and John Ratcliffe former ░░░░░░░░ of national intelligence Chris ░░░░░░░░ former acting secretary of ░░░░░░░░ terrific guy alice hooker ░░░░░░░░ Asia signed this letter ░░░░░░░░ stop this legislation from ░░░░░░░░ place This is sievian ░░░░░░░░ Larry what Obama did ░░░░░░░░ the navy what Biden ░░░░░░░░ trying to do to ░░░░░░░░ navy cut 20 or ░░░░░░░░ navy ships this year ░░░░░░░░ the same time China ░░░░░░░░ building more trying to ░░░░░░░░ Taiwan This is the ░░░░░░░░ equipment what we re ░░░░░░░░ to the navy It ░░░░░░░░ no sense Larry you ░░░░░░░░ saying in this letter ░░░░░░░░ Klobuchar bill that has ░░░░░░░░ sponsors in the Senate ░░░░░░░░ the house that would ░░░░░░░░ them get into our ░░░░░░░░ algorithms You mentioned bytedance ░░░░░░░░ tencent and so forth ░░░░░░░░ re right they should ░░░░░░░░ banned I think the ░░░░░░░░ we banned the Trump ░░░░░░░░ banned huawei it was ░░░░░░░░ great success They re ░░░░░░░░ eavesdropping You give them ░░░░░░░░ inch they take 100 ░░░░░░░░ et cetera What specifically ░░░░░░░░ our viewers what specifically ░░░░░░░░ Klobuchar allowing Well she ░░░░░░░░ going to allow these ░░░░░░░░ tech companies to come ░░░░░░░░ get access to the ░░░░░░░░ the data the existing ░░░░░░░░ companies have She is ░░░░░░░░ you re a tech ░░░░░░░░ you developed algorithm or ░░░░░░░░ you have to share ░░░░░░░░ across the board That ░░░░░░░░ for Russian companies Chinese ░░░░░░░░ I don t see ░░░░░░░░ the north Koreans and ░░░░░░░░ wouldn t ask for ░░░░░░░░ It can t be ░░░░░░░░ They tried to fix ░░░░░░░░ I understand why conservatives ░░░░░░░░ mad at Big Tech ░░░░░░░░ m mad at Big ░░░░░░░░ Concerns sore ship of ░░░░░░░░ voices left leaning nature ░░░░░░░░ Big Tech is none ░░░░░░░░ these bills will not ░░░░░░░░ President Trump on Twitter ░░░░░░░░ take care of censorship ░░░░░░░░ doing research on a ░░░░░░░░ 5g quantum computing We ░░░░░░░░ t have the companies ░░░░░░░░ will That is a ░░░░░░░░ Larry that last point ░░░░░░░░ made is so vital ░░░░░░░░ a I quantitative computing ░░░░░░░░ we have fabulous technology ░░░░░░░░ I know they re ░░░░░░░░ screwed up about censoring ░░░░░░░░ speech although the Elon ░░░░░░░░ revolution may change all ░░░░░░░░ from standpoint of private ░░░░░░░░ You re right people ░░░░░░░░ t realize We have ░░░░░░░░ lead Why give the ░░░░░░░░ up Why let these ░░░░░░░░ companies into our technology ░░░░░░░░ if you will I ░░░░░░░░ to keep them out ░░░░░░░░ That is what the ░░░░░░░░ did The indians 400 ░░░░░░░░ We couldn t even ░░░░░░░░ TikTok The market as ░░░░░░░░ and I know as ░░░░░░░░ Republicans Trump Republicans we ░░░░░░░░ the market takes care ░░░░░░░░ things Elon Musk is ░░░░░░░░ Twitter Truth Social former ░░░░░░░░ s platform is doing ░░░░░░░░ well Look at netflix ░░░░░░░░ have pummeled netflix because ░░░░░░░░ want netflix to spend ░░░░░░░░ hundreds of millions of ░░░░░░░░ on fun programing and ░░░░░░░░ like top gun They ░░░░░░░░ t want to give ░░░░░░░░ to the obamas and ░░░░░░░░ for woke documentaries Netflix ░░░░░░░░ 75 hit in the ░░░░░░░░ Backlash from the market ░░░░░░░░ working We can have ░░░░░░░░ government reaction to censorship ░░░░░░░░ let s not kill ░░░░░░░░ tech companies doing all ░░░░░░░░ great research for the ░░░░░░░░ and keeping us ahead ░░░░░░░░ Chinese and hand that ░░░░░░░░ to Beijing That is ░░░░░░░░ bad idea Larry free ░░░░░░░░ will punish bad ideas ░░░░░░░░ O Brien one last ░░░░░░░░ before we lose you ░░░░░░░░ is a pretty healthy ░░░░░░░░ in the Biden Administration ░░░░░░░░ ending the Trump tariffs ░░░░░░░░ China Is this the ░░░░░░░░ in your judgment to ░░░░░░░░ the Trump tariffs on ░░░░░░░░ It is a terrible ░░░░░░░░ Tariffs are the only ░░░░░░░░ that worked against China ░░░░░░░░ 30 or 40 years ░░░░░░░░ Chinese are having their ░░░░░░░░ problems with the economy ░░░░░░░░ would we throw the ░░░░░░░░ communist party a lifeline ░░░░░░░░ time they re hurting ░░░░░░░░ will help with inflation ░░░░░░░░ we want to help ░░░░░░░░ You had it right ░░░░░░░░ day one Larry Cut ░░░░░░░░ That will help with ░░░░░░░░ Cut spending That will ░░░░░░░░ with inflation Keystone pipeline ░░░░░░░░ will help gas prices ░░░░░░░░ oil and gas permits ░░░░░░░░ Stop punishing our producers ░░░░░░░░ them to produce more ░░░░░░░░ know how to handle ░░░░░░░░ inflation problem but throwing ░░░░░░░░ lifeline to the communist ░░░░░░░░ of China on these ░░░░░░░░ it is not going ░░░░░░░░ help us with inflation ░░░░░░░░ will only help the ░░░░░░░░ Again like this tech ░░░░░░░░ that Klobuchar got Hillary ░░░░░░░░ is supporting they re ░░░░░░░░ to be champagne corks ░░░░░░░░ all over Beijing if ░░░░░░░░ happens We ll get ░░░░░░░░ benefit here in America ░░░░░░░░ that is the thing ░░░░░░░░ know Robert we get ░░░░░░░░ in return Chinese will ░░░░░░░░ us nothing Okay That ░░░░░░░░ of one sided negotiation ░░░░░░░░ with President Trump okay ░░░░░░░░ go back to that ░░░░░░░░ no sense whatsoever Anyway ░░░░░░░░ I had more time ░░░░░░░░ I don t It ░░░░░░░░ a great letter Got ░░░░░░░░ signatories on the letter ░░░░░░░░ I was underneath you ░░░░░░░░ yours I insisted on ░░░░░░░░ Robert O Brien I ░░░░░░░░ to put yours first ░░░░░░░░ Larry laughter Robert O ░░░░░░░░ National security Thanks Folks ░░░░░░░░ up on kudlow stocks ░░░░░░░░ down rates are way ░░░░░░░░ Are we in deep ░░░░░░░░ or what I m ░░░░░░░░ worried We ll ask ░░░░░░░░ trennert smart guy when ░░░░░░░░ returns Catch kudlow Monday ░░░░░░░░ Friday at 4 00 ░░░░░░░░ M here on fox ░░░░░░░░ If you can t ░░░░░░░░ us at 4 00 ░░░░░░░░ up the favorite nine ░░░░░░░░ old who will tell ░░░░░░░░ how to dvr the ░░░░░░░░ You will never miss ░░░░░░░░ O Brien again I ░░░░░░░░ kudlow We ll be ░░░░░░░░ back Your shipping manager ░░░░░░░░ to find themself Leaving ░░░░░░░░ lost You need to ░░░░░░░░ I need indeed Indeed ░░░░░░░░ do Indeed instant match ░░░░░░░░ delivers quality candidates matching ░░░░░░░░ job description Visit indeed ░░░░░░░░ hire
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