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Financial Markets Face Rocky Day; Huckabee Criticizes Iran Deal; NYC's De Blasio on Clinton, Pope Francis; NATO to Meet Tomorrow at Turkey's Request; New 911 Calls from Deadly Road Rage Incident. Aired 9:30-10a ET
Aired July 27, 2015 - 09:30 ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
CAROL COSTELLO, CNN ANCHOR: Well, we seem to be hearing more and more about not just Chrysler but other car manufacturers as well being slapped with the multimillion dollar fines.
[09:30:06] And it doesn't seem to really matter.
PETER VALDES-DAPENA, CNN MONEY CORRESPONDENT: Well, on the contrary, I think it does matter. I actually do think that we're probably going to see Chrysler change in the future. They're going to take these things more seriously. Well, for one reason, they have to or they face $15 million in more fines if they don't. They're going to have a federal overseer. But also, these punishments have an effect beyond just the cash. Companies want to be seen as a safe company that's worried about (INAUDIBLE). Chrysler is going to change. GM, I think, is taking more recalls more seriously. One result of that through our reasoning (ph) is we're seeing more recalls, not that that in and of itself is a good thing, but just to recall cars for any reason you can find, but it does indicate that the industry is taking this more seriously.
COSTELLO: I hope so. Peter, thanks for joining me this morning. I appreciate it.
Checking some other top stories for you at 30 minutes past the hour.
President Obama is now in Ethiopia. He's the first sitting president to visit that African nation. A short time ago, the president and the prime minister held a news conference following their discussions on trade, human rights, and terrorism. The visit to Ethiopia follows an emotional homecoming of sorts in Kenya, where President Obama has many relatives. We'll have more on his historic trip next hour with a live report from the Ethiopian capital.
The Boy Scouts of America expected to make history today by lifting a long time ban on gay scout leaders. The 80-member board is meeting on the issue this morning and is expected to approve the change. Local Boy Scout chapters will still have some leeway in choosing their leaders though.
Also this morning, we are closely watching the financial markets today as the opening bell sounds on Wall Street. The volatile stock market in China and lower oil prices could weigh heavily on investors. CNN Money producer Paula LaMonica has some insight on what will likely drive the markets today.
Good morning, Paul.
PAUL LAMONICA, CNN MONEY PRODUCER: Good morning, Carol.
Luckily so far stocks are not down that much in spite of a really brutal day in China. Chinese stocks down 8.5 percent. That volatility has returned with a vengeance. Investors do have to wonder whether or not this is going to eventually hit the U.S. stock market. And we did have a rough week last week. People are starting to grow concerned about the health of the global economy. That's the big reason, I think, why oil prices and other commodity prices have been plunging recently.
COSTELLO: Well, tell us why we should be so concerned with China's markets.
LAMONICA: The Chinese stock market is important because China is the world's second largest economy now. Huge trading partner to obviously the U.S. and Europe. And there are many big companies in the United States that have exposure to China. Apple is definitely getting bigger and bigger in China. Yum Brands, which owns KFC, they get more than half of their revenue now from China. So if Chinese -- if the Chinese economy is actually slowing down and that's the reason why we have this market volatility and possibly a bubble bursting, that could be bad news for all the big U.S. companies that had been betting on China as this potential hot growth market for the future.
COSTELLO: All right, Paul LaMonica reporting live for us this morning. Thank you.
Still to come in the NEWSROOM, Mike Huckabee's controversial comments about the Iran nuke deal sparking major league backlash. Now the president is speaking out about it.
(COMMERCIAL BREAK)
[09:37:36] COSTELLO: We are expecting to hear from the Coast Guard momentarily, actually in just about 15 minutes, on those missing boys in Jupiter, Florida. We'll take you out to Florida when that press conference begins.
In other news this morning, President Obama's Iran deal is no doubt controversial. Congress is now debating its merits, but Mike Huckabee's mind is made up. No surprise there. But how Huckabee expressed his displeasure over the deal has caused quite the ruckus. Listen to what he told Breitbart News.
(BEGIN VIDEO CLIP)
MIKE HUCKABEE (R), PRESIDENTIAL CANDIDATE: This president's foreign policy is the most feckless in American history. Uh, he's so naive he would trust the Iranians, and he would take the Israelis and basically march them to the door of the oven. This is the most hideous thing, this Iran deal. It should be rejected by both Democrats and Republicans in Congress and by the American people. I think we forget that the Iranians have never kept a deal in 36 years under the Ayatollah. There's no reason to think that they'll suddenly start doing it. I read the entire thing. We gave away the whole farm. It's got to be stopped.
(END VIDEO CLIP)
COSTELLO: President Obama fired back. He called Huckabee's comments sad.
(BEGIN VIDEO CLIP)
BARACK OBAMA, PRESIDENT OF THE UNITED STATES: The particular comments of Mr. Huckabee are, I think, part of just a general pattern that we've seen that is -- would be considered ridiculous if it weren't so sad.
(END VIDEO CLIP)
COSTELLO: With me now, Rabbi Marvin Hier. He's the dean and founder of the Simon Wiesenthal Center.
Thank you so much for being with me this morning. I appreciate it.
RABBI MARVIN HIER, DEAN AND FOUNDER, SIMON WIESENTHAL CENTER: It's a pleasure.
COSTELLO: A pleasure to have you here.
You're opposed to the Iran deal. Was Mike Huckabee's language appropriate?
HIER: No, it's not. It's very harsh. And the only way we're going to win this is with bipartisan support. And what the governor said, he's a great supporter of Israel, is hardly the way to achieve that bipartisan support. I think it was over the top and I don't agree with it.
COSTELLO: Why do you suppose so many use Nazi or Holocaust analogies? What is it with that?
HIER: Well, you know, look, appeasement in the -- in the 1930s Winston Churchill said that if we had taken on the Nazis in the early 1930s, we could have saved 50 million lives. And there's always a temptation.
[09:40:16] But, this is not the right way to do it. The right way to do it is simply to describe the facts that at the end of 10 years, Iran will be weeks away from nuclear weapons. They will, according to the Israelis, if you include investment with the E.U. and other countries, they'll have $750 billion. We know when they were poor what they did with that money, they gave billions to Hezbollah, Hamas, and Syria. What will they do if they have $750 billion? That's the first point.
The second point we should make is that, look, the P5+1 could have said, stop calling for the destruction of Israel and you have a deal. They didn't say that. The United States would not open an embassy with Cuba if Cuba would still call for the destruction of the United States. Those are the issues.
COSTELLO: And it would be nice if Republicans and Democrats sat down and talked about issues and facts, but facts don't seem to fly these days, rabbi.
HIER: Well, it's unfortunate. You know, the ayatollah -- I do agree with one thing that Governor Huckabee said. The ayatollah has been in business since 1979. From the very -- from get go, anti-Semitism has been their credo. They've not stopped 40 years later. It's ridiculous to assume that they're going to stop now because they made a deal with the P5+1, especially when it wasn't required of them.
COSTELLO: So what is your prediction? Will the deal -- well, the Congress --
HIER: Well, it's --
COSTELLO: Maybe the Congress -- it's a Republican-controlled Congress, so they probably won't approve the deal, but that doesn't mean the deal won't go through.
HIER: Well, I think it's going to be a tough battle for the president and many Democrats will vote against the deal because it has no logic to it at the -- at the end of 10 years. In other words, we've kicked the can down the road for 10 years, but nobody denies that after 10 years they'll have -- they're destabilized the Middle East because every Middle East country is going to want nuclear weapons. What have we achieved?
COSTELLO: And just my final question, what advice would you give to Governor Huckabee when it comes to talking about this deal and arguing against it?
HIER: I would advise that no president of the United States should be compared in any way to Adolf Hitler.
COSTELLO: Rabbi Marvin Hier, thank you so much for your insight. I appreciate it.
Hillary Clinton is back in Iowa today, and this time she's talking about climate change and calling out GOP rivals by name who say there's no scientific proof that humans cause it. She's talking to you, Donald Trump and Jeb Bush, Marco Rubio and Ted Cruz. In a new video, Clinton says she's no scientist, but just a grandmother with a brain.
(BEGIN VIDEO CLIP)
HILLARY CLINTON (D), PRESIDENTIAL CANDIDATE: It's hard to believe there are people running for president who still refuse to accept the settled (ph) science of climate change, who would rather remind us they're not scientists than listen to those who are. You don't have to be a scientist to take on this urgent challenge that threatens us all, you just have to be willing to act.
(END VIDEO CLIP) COSTELLO: Another prominent Democrat, New York City Mayor Bill de Blasio, told me he's waiting for Clinton to get specific on the issues before deciding whether to support her presidential run. In the meantime, he's rolling out his own plan for New York City to reduce carbon emissions. De Blasio is just back from Rome for a meeting on the environment hosted by Pope Francis.
(BEGIN VIDEO CLIP)
MAYOR BILL DE BLASIO (D), NEW YORK: We, as citizens, as consumers, that governments, that companies have to recognize the threat to this earth that is global warming. And I'm inspired by it, for one. I went to Rome having already announced that New York City would reduce our emissions by 80 percent by the year 2050 and that we're taking very aggressive actions to go there. But based on the gathering in Rome coming up, I got together with my staff and said, what more can we do? And we decided to emulate California, which has now agreed to a 40 percent reduction by the year 2030. So even faster, getting to serious reductions. We are going to retrofit all our public buildings. We're going to guarantee that private buildings in this city are retrofitted, either voluntarily or by mandate. We're going to use more electric cars and make it easier for consumers to have electric cars in this city. There's a host of things we're going to do.
COSTELLO: But all those things cost money, too, don't they? Is there -- is there any price tag that you have in mind?
DE BLASIO: Sure. We, for example, to retrofit all our public buildings over the next 10 years is over a billion dollars. And we put that into our budget. But I'll tell you, the fate of the earth is something that should be paramount by definition.
COSTELLO: What would you say to the politicians that the Pope should stay away from climate change because he's not a scientist.
[09:45:05] He should just stick to religion.
DE BLASIO: It's so interesting if you look at this and say, look, it begins with an accounting of what previous Popes have said on this issue and related issues. And going back 100 years or more, Popes of different philosophical backgrounds have addressed core issues. The environment has been one that has been addressed constantly throughout the last half century.
(END VIDEOTAPE)
COSTELLO: For more of my interview with Mayor de Blasio, head to Facebook.com/carolCNN.
Still to come in the NEWSROOM, Turkey invokes a rarely used section of the NATO treaty as it steps up efforts to stop ISIS attacks along the border. We'll take you live to the Pentagon for the latest.
(COMMERCIAL BREAK)
[09:45:04] COSTELLO: NATO will meet tomorrow at the request of Turkey, which has been going after ISIS fighters along the Syrian border. The jihadists have been blamed for a series of deadly attacks against Turkey, including a car bomb last week that killed 30 people in a Turkish border town.
Another car bombing yesterday killed two security officers.
Pentagon correspondent Barbara Starr has more for us this morning from the Pentagon. Good morning, Barbara.
BARBARA STARR, CNN PENTAGON CORRESPONDENT: Good morning, Carol. A very rare meeting of NATO tomorrow. The U.S. will be sitting at the table, listening very carefully as Turkey makes its case that ISIS is posing a security threat to that country.
Here's where we are right now. By all accounts, it looks like U.S. involvement about to increase. The U.S. now has, for the first time in this war, access to Turkish bases in the southern part of that country, much closer to the Syrian border, to conduct air strikes.
What U.S. officials are telling us now is that the access to these bases means that the U.S. and the Turks are basically talking about establishing an ISIS-free corridor on the ground along that border region. That is the goal. That is what the discussion is going to be, between the U.S. and Turkey, as they go ahead. Is it formal yet? No. Is it a no-fly zone in the traditional sense of the word with U.S. jets patrolling all the time? No. But it is a very significant step forward in upping U.S. involvement on that border and very complicated because the U.S. wants to go after ISIS, Turkey wants to go after ISIS, Assad's Syrian regime forces, and the Kurds in that area that it views as separatists and terrorists. The Kurds that the U.S. says, to a large extent, are doing the bulk of the fighting right now and proving to be very effective.
It's getting more complicated by the day. Tomorrow, NATO sits down to listen to it all. Carol.
COSTELLO: All right, Barbara Starr, we'll check back. Thanks so much.
Still to come in the NEWSROOM, from behind the wheel to behind bars, an intense road rage incident turns deadly. What the 911 calls are now revealing. Next.
(COMMERCIAL BREAK)
[09:56:30] COSTELLO: A deadly road rage altercation in Florida. One driver shot and killed in front of his family and the other charged with his murder. It happened last week in Citrus County, but this morning chilling 911 calls are now painting a clearer picture of just how quickly that rage escalated and the warning police gave that could have prevented it all.
Nick Valencia is following this story for us from Atlanta. Good morning, Nick.
NICK VALENCIA, CNN CORRESPONDENT: Good morning, Carol. Those 911 tapes you're talking about, absolutely frightening. Two men driving down the roads with their family, 2 1/2 minutes later police say they get into that time, they get into a very aggressive encounter ,according to police. Within five miles, one man shoots the other man in front of his family. The man who fired the shots says the victim was charging at him.
(BEGIN VIDEOTAPE)
CATHY GONZALEZ, VICTIM'S WIFE: He killed my husband! Oh, my god.
VALENCIA (voice-over): Disturbing 911 calls reveal both sides of a deadly road rage altercation in Florida that ends in gunfire. On Thursday, 44-year-old Candelario Gonzalez was in his truck with his wife, daughter, and grandson. His wife calls 911 claiming that 51- year-old Robert Doyle was, quote, "driving like an idiot". Doyle called 911 too, saying Gonzalez was, quote, "trying to run him off the road". The incident quickly escalates.
CANDELARIO GONZALEZ, VICTIM: We're going to follow him right to his house.
911 DISPATCHER: No, no.
ROBERT DOYLE, ACCUSED SHOOTER: They're following me to my house and the guns are already out.
VALENCIA: Doyle tells the dispatcher he has his gun cocked and locked as Gonzalez insists to his dispatcher he wants to stop by the house to get Doyle's address. Seconds later, Doyle reaches his driveway and Gonzalez decides to get out of his truck.
CATHY GONAZELZ: Son of a b****. He's got a gun. Get somebody here now.
VALENCIA: Shots rang out and a witness says Doyle shot Gonzalez as he was backing away, but the wife of the alleged shooter says the 44- year-old was charging towards her husband.
WIFE OF ACCUSED SHOOTER, ROBERT DOYLE: We were in our yard. He stopped in the middle of the road and came after my husband.
VALENCIA: Then , as Gonzalez was lying on the ground, Doyle allegedly forced the victim's family out of the car, holding them at gunpoint until police arrived.
CATHY GONZALEZ: That son of b**** us making me get out of the truck with my daughter. You got to help me, please.
VALENCIA: Doyle is charged with second-degree murder and is now out on bond.
(END VIDEOTAPE)
VALENCIA (on camera): According to the Citrus County Sheriff's Office, that bond was set at $60,000 sometime on Friday. Robert Doyle posted that bond. He is now out of jail. We have reached out to him and his family to try to get comment, but we have not heard back. We're also waiting to hear back from the Gonzalez family, but as you could imagine, Carol, very troubling situation involving two families. One point to make here, two children under the age of 10 witnessed this shooting. Certainly traumatizing for those kids. Carol?
COSTELLO: Unbelievable. Nick Valencia reporting live this morning. Thank you.
Checking some other top stories at 59 minutes past. A shaky landing for some airline passengers over the weekend. Powerful 75-mile-per- hour winds left this KLM Royal Dutch Airlines flight in a hair-raising sway as it came in for a landing in Amsterdam. No one was hurt, but the video has gone viral, already viewed more than 2 million times since it went online on Saturday.
The hallowed hall in Cooperstown welcoming four Major League Baseball greats into its Class of 2015 Pitchers Randy Johnson, Pedro Martinez, and John Smoltz have 735 career victories and 9 Cy Young Awards between them. The fourth inductee Craig Biggio is a member of the exclusive 3,000 hit club.
[10:00:00] This was first year three pitchers were voted in on the first ballot and the first time since 1955 that four players made it into the Hall of Fame in one year. Wow, makes me feel really old.
Congratulations to all of them.
The next hour of CNN NEWSROOM starts now.
