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New Day

Search for Two Teens Continues After Boat Found Capsized; Why Voters Like Donald Trump; Stocks Falling on Chinese Selloff. Aired 7:30-8a ET

Aired July 27, 2015 - 07:30   ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.

[07:30:00] (COMMERCIAL BREAK)

(BEGIN VIDEO CLIP)

UNIDENTIFIED MALE: This is still considered an active search and rescue case. We continue optimism we are going to find them.

(END VIDEO CLIP)

MICHAELA PEREIRA, CNN ANCHOR: Those are words of hope from the coast guard as crews now move into day three searching for two missing 14- year-old boys. They haven't been seen since they went out on a fishing trip Friday.

Sunday, the coast guard found sadly, their boat capsized. No sign of Perry Cohen or his friend Austin Stephanos. Joining us now, Perry's mother, Pamela Cohen, his stepfather Nick Korniloff and their neighbor, close friend great, Joe Namath.

I have to start with you, Pamela. This is a mom's worst nightmare, how are you doing, love?

PAMELA COHEN, PERRY COHEN'S MOTHER: None of us are giving up hope. They are going to find those boys. So obviously, it's a terrifying experience to be living through.

PEREIRA: Yes.

COHEN: Second by second but, I have 100 percent faith that they will find our boys.

PEREIRA: Nick, what gives you guys such optimism. That you know a lot about these young men. You know they are avid fishermen, you know they love the ocean. What gives you this optimism?

NICK KORNILOFF, STEPFATHER OF PERRY COHEN: I know how they have been brought up. I know that we have trained them correctly. We have teaches them the respect of mother nature, the power of the sea. We spent many times, both families, we are people of the water. I grew up on the water. Not on the water, but a lot of time boating. I passed that on to my children. The family across the street, Austin's family they are boaters. We've raised these kids right, they know what the water is all about. This is a very difficult situation. The optimism comes from the faith that we have that they are strong kids and they are survivors.

PEREIRA: Strong boaters. They grew up around the water. Familiar with boating and the marine world. And I understand that you as parents and the parents across the street also had restrictions on what the boys were allowed to do, the parameters of where they could go. Give us an idea of that. What were they allowed to do on the water?

KORNILOFF: I can only speak for our son. We requested when he was out in the water, he fish the river and inner coastal. He could go as far as the rocks and inland. Not without us or an adult who had, you know, a larger boat, into the ocean. But, in saying that, knowing Austin and knowing his skills and his family, Austin is extremely capable running those boats. That was a rule we had in our house.

PEREIRA: So what does it tell you then, Pamela? Do you think something happened? They run encountered a little difficulty? Was a little of a trek of 14-year-old rebellion? We have all been 14. What do you think this speaks to of what happened?

[07:35:00] COHEN: I don't know what happened. None of us know what happened. If we did, I think we would have them in our arms right now. I can only speak for myself, obviously we have all done things that have different consequences than what we expected.

They are 14-year-old boys, so, when they want to go and do something and there's no one watching, sometimes I think they all do something, whether it's my child or anyone else watching. You can't control that. We can't keep them under our eye every moment of every day.

We raised them right. We hope that they will make the right decisions. I do believe they have the knowledge and the strength to get them through this.

KORNILOFF: I think our bigger message here is these boys are still out there. People up and down the coast of Florida, whether it's south or further north, from here in Jupiter need to be on the lookout for our boys. The coast guard is doing everything they can. Anybody out there who wants to judge and look back, they can do that. We know who our children are. People who live on the water know what it is all about.

PEREIRA: Mother nature is a force. We know that. We certainly do.

KORNILOFF: That is correct.

PEREIRA: That's a focus right now, the search and Joe, I know you, as a neighbor, as a concerned community resident and friend of these families, you have joined the effort here and I understand there's now a reward, $100,000 reward that's been set up. Tell us why that's necessary. There's been a great deal of support in spreading the word about this case. Why do you think the reward was necessary, Joe?

JOE NAMATH, NEIGHBOR OF PERRY COHEN: I'm not going there. I'm going to tell you something. We are optimistic, we are praying. The coast guard is wonderful. The people that are conducting the search are optimistic. The history of the high sea shows survival rates over the years. There have been miracles out there and we are planning on finding the children.

PEREIRA: Yep, we love that idea. We love that thought. We believe in miracles as well here. Why don't you tell us more about these young men so we can know about their resilient spirit, Pam.

NAMATH: I have known these kids since they were very young. The last seven years with Perry and Austin since he was about 10 years. They are two fine young fellas. They got caught in something we are not sure about. They are very knowledgeable about the high seas and how to conduct themselves. Let's keep praying. The coast guard is going to keep on searching.

PEREIRA: They are. And so what is the plan today? I imagine as soon as night lifted and light came out, the search crews were out there. Nick, Pamela, tell us about what you are seeing out there.

KORNILOFF: Well, the search crews have been going all night. We have been in constant contact with district seven out of Miami in the Coast Guard. The homeland security, they using every asset they have. They are committed to finding our boys and keeping us optimistic. They are reporting in everything they need to do. Florida fish and wildlife are out there doing searches. People from the public are out there.

Once again, it's about keeping our eyes out for the boys. Everybody walking the beach, please look. Look for anything you may find on the beach. Every little thing counts here. Every piece of information. The coast guard is running their models on drifts where they found the boat and trying to continue to zone in on where our kids are.

PEREIRA: We know, one thing I know about the boating community is they are very helpful in situations like this. I know these boys, people are on the lookout for them. Our prayers are with you. We are going to keep optimism alive. Pamela, Nick and Joe, thank you for joining us today.

COHEN: Thank you. Donald Trump turning a different story here. Topping a new CNN poll, what is it about him? We are going to talk to his supporters, next.

[07:40:00] (COMMERCIAL BREAK)

CHRIS CUOMO, CNN ANCHOR: More proof of the power of the Donald. He is at the top of the polls and he is on the top of the heap and he is growing in momentum. That's the latest CNN/ORC polling headline. Love him or hate him? People are wondering what is it about this guy that is striking a chord with voters? Now it seems we know because in this historic in Stanford Connecticut, Alisyn Camerota sat down to see what they find so inspiring about the Trump show. Here is part two and it matches up with the latest poll.

(BEGIN VIDEOTAPE)

ALISYN CAMEROTA, CNN ANCHOR: You are all republicans. You consider yourself republicans. What if Donald Trump does not get the GOP nomination and runs as a third party candidate. Can you see that happening?

UNIDENTIFIED MALE: I don't think any of the other republican candidates can win. Therefore, if Trump doesn't get the nomination, I can't see myself currently actively supporting anyone else other than Donald Trump.

CAMEROTA: So then why not have him run as a third party candidate?

UNIDENTIFIED MALE: Then it splits.

UNIDENTIFIED FEMALE: A fourth party candidate.

PAULA JOHNSON, REPUBLICAN TRUMP SUPPORTER: But they want to squeeze him out because they don't want the public to hear the truth anymore because they have to get their money by donations and they are beholden to all the special interests. They are the special interests in Washington that are controlling this country already. It's about time that we take this country back and I truly believe that Donald Trump is the only person that is going to bring jobs back, bring integrity back to the White House and make America great again.

[07:45:00] JERRY DELEMUS, REPBLICAN TRUMP SUPPORTER: His leadership is obvious. What he's been doing the last few weeks in his campaign, he led every candidate around by the nose. Even when interviewed, the conversation is about Trump. He's completely taken over the dynamic of the election process. He's leading, they are following.

JEFF GOPLISBY, REPUBLICAN TRUMP SUPPORTER: I think everybody know that is Trump is a natural born show person. He's entertaining. What has everyone in America been talking about? Trump. I think it's a brilliant move.

PAULA JOHNSON, FORMER NEW HAMPSHIRE STATE REP: I feel everybody in Washington who has been there, who back stabbed the American people, voted for their raises, their own pensions, why are we paying for them to retire as have the best life? You bankrupt social security.

CAMEROTA: Donald Trump feels like a Hero to you?

SUSAN DELEMUS, NEW HAMPSHIRE STATE HOUSE: He does. To me, it feels as though it's -- I feel, I have hope again. As a state legislature, I can tell you, I don't have a lot of hope. I'm looking for -- I'm looking for someone to get into the White House who is going to look out for the best interest of the people and hear the people and not walk all over them and not go golfing when someone is killed and not pretend that our embassy in Libya is being bombed, burned and our ambassadors are being murdered and killed while stand down orders are being given.

JERRY DELEMUS: He's a leader. We have a lot of followers in office. On both sides of the aisle, I will say. I find it odd that Trump gets so much flak. I haven't heard a word, lately, about Hillary Clinton's role in Benghazi and we lost a sitting ambassador was mutilated, tortured. We don't hear about that. That's not touched. To me, that's an unfair adjustment. We go after Trump, right, for saying, mentioning, not a war hero. We have a president, who went to bed when that happened and wouldn't lower the flag at half mass.

I find it ironic the way things are picked and chose on what we will attack and not. Trump is really good at pointing that light out. He's good at shining that light. Get back to the problem. He may not have the solution.

JEFF GOOLISBY, REPUBLICAN TRUMP SUPPORTER: I think, regardless of the entertainment part or the behind the Donald, I think that people understand he's solutions driven. I think that's what people have Been seeking in this country for years.

CAMEROTA: Mitt Romney was painted with the, he's so rich, he's out of touch with regular Americans.

UNIDENTIFIED FEMALE: He may not care about the common man.

UNIDENTIFIED MALE: Mitt Romney was rich. Donald Trump is rich.

UNIDENTIFIED MALE: He's a billionaire.

CAMEROTA: So, for the man who says he's worth $10 billion, how can you be in touch with regular Middle Class?

SEAN VAN ANGLEN, REPUBLICAN TRUMP SUPPORTER: Here's how -- here's how he's in touch. You know, this country has gotten so afraid of success, they hate unsuccessful. We should celebrate success. He is the definition of the American success story.

RYAN GIRDUSKY, WRITER, RED ALERT POLITICS.COM: His base of supporters make under $50,000 a year, they are working class or blue collar.

CAMEROTA: I see. So Donald Trump is aspirational because he personifies the American dream. And he is inspirational.

UNIDENTIFIED MALE: Any establishments loved Romney.

CAMEROTA: When you hear people say he's in this as a vanity project, this campaign is a joke, what do you say?

UNIDENTIFIED MALE: I think he wants to save America. It's the only choice we have.

GOOLISBY: If you take one thing away from Donald Trump, he believes in the power of America. I think he inspires Americans to be American again and understand what makes those a very great people.

(END VIDEOTAPE)

PEREIRA: Very interesting to hear. So were just talking about that with Margaret and John about the idea that a billionaire could be relatable to the average Joe. It was interesting to hear from those supporters why they think he is the definition of the American success story.

CUOMO: Romney was rich.

PEREIRA: Right.

CUOMO: But, Donald's celebrity is what defines him and his being rich is part of that mystique. He's getting a pass. He's getting a pass because he's a proxy. The bar will be, okay, we get it. You know people are angry. You won on that level. What are you going to do with that anger? That's the challenge for him and all of you.

[07:50:00] PEREIRA: We'll talk much more coming up. But we're going to look at the market. Chinese stocks in free fall diving 8.5 percent to start the week. Beijing already rescued the stock market a few weeks ago, what's next? How is it going to affect the markets here? We'll take a look.

(COMMERCIAL BREAK)

PEREIRA: All right. It's time for CNN money now. CNN Money Correspondent Alison Kosik in the money center. Terrible day for stocks already so early in the week.

ALISON KOSIK, CNN MONEY CORRESPONDENT: It looks like a rough one for today. A massive sell off in China this morning. Look at the Shanghai composite falling 8.5 percent overnight. It's the biggest drop since 2007. It's dragging others down.

In recent months there's been a selling frenzy in China. The government has made big moves to prop up the market, but this morning this collapsed because of big concerns about China's slowing economic growth.

Chrysler will pay a record fine for recall mistakes. They are being slapped with a $105 million bill. It mishandled 23 recalls. Including a recall of 1.5 million jeeps. More than 50 deaths have been linked to the problem.

PEREIRA: All right. Thank you for letting us know about all of that.

Donald Trump once again topping the polls leading the republican pac. What is the secret to his popularity? There's a new CNN poll that may contain some of the answers.

CUOMO: Not a secret anymore.

[07:55:00] (COMMERCIAL BREAK)

(BEGIN VIDEOTAPE)

TRUMP: There's a movement going on.

UNIDENTIFIED MALE: He's leading they're following.

PEREIRA: A new deal between Turkey and the United States could create a safe haven against ISIS.

UNIDENTIFIED MALE: Coalition are willing to from the ground suddenly putting a footprint.

UNIDENTIFIED MALE: This attack was meticulously planned.

UNIDENTIFIED MALE: This man was of sound mind. He wrote it down.

UNIDENTIFIED MALE: "I am Cait" premiered Sunday night.

UNIDENTIFIED MALE: My mind is spinning with thoughts. I just hope I get it right. Put it this way, I'm the new normal.

ANNOUNCER: This is NEW DAY with Chris Cuomo, Alisyn Camerota and Michaela Pereira.

(END VIDEOTAPE)

CUOMO: Good morning. Welcome to your "New Day." It's Monday, July 27th 8:00 in the east. We have new poll numbers and they answer the question why is Trump still in the race? The latest CNN poll shows wide spread dissatisfaction with Washington and for those who are dissatisfied, the Donald is the face and the mouth of that discontent.

PEREIRA: GOP voters in particular unhappy with the status quo. In fact a majority of them is saying their views aren't represented at all in Washington. That nearly doubled.