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Muhammad Ali Returns to Louisville; Chances of Rate Hike Sink; Mark Cuban on Donald Trump. Aired 8:30-9a ET

Aired June 06, 2016 - 08:30   ET

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


(COMMERCIAL BREAK)

[08:33:44] CHRIS CUOMO, CNN ANCHOR: Oh, it is so tough when somebody who loomed so large is gone. Boxing legend Muhammad Ali is home now, his body returned to his native Louisville, Kentucky. Memorial services taking place across the city. And a farewell fit for an icon is set to take place later this week.

CNN's Ryan Young live in Louisville with details.

Ryan, it would be hard to point to a man in sport or otherwise who had the kind of influence on culture that Ali did. Forget about outside the ring. That's obvious. But just to all of us for so many different reasons.

RYAN YOUNG, CNN NATIONAL CORRESPONDENT: Absolutely, Chris. And people really loved Ali. Rumble, young man, rumble. We've seen so many people with smiles on their faces as they talk about the champ, both in the ring and out of the ring. If you look behind me, you can see all the cards and flowers that people have brought here.

You know, the first 24 hours after this happened it was rainy here. So it was slow. Then all of a sudden, everybody just started piling in here and started delivering flowers and talking about what Ali meant to them.

We just learned, in the last half hour or so, that the Turkish president and the king of Jordan will both be coming to the memorial service.

Chris, Ali helped plan this. And we're told that, of course, they're going to be bringing Ali's body through the streets of Louisville. And as we talk to people here, they talk about the love for the champ and what he meant to this community. Over the next 24 to 45 hours or so, you know that people are going to be doing these small memorials to him. They're going to have one on Wednesday just for kids. So you can understand the impact that Ali had on this community and the world.

[08:35:20] BROOKE BALDWIN, CNN ANCHOR: I found myself just flipping through all the different pictures (ph) of Ali over the weekend and just flipping -

CUOMO: Right, you just want to keep it going, because you can't get enough of the images.

BALDWIN: I - I can't. I can't. Ryan -

CUOMO: Just everything in his eyes.

BALDWIN: Thank you.

CUOMO: Everything about what he projected was amazing.

BALDWIN: Amazing.

CUOMO: Right? I mean -

BALDWIN: All the papers this weekend, all the photo galleries, I was clicking through. I know. I know.

Time now for chief business correspondent Christine Romans in this morning with our Money Center.

Christine, good morning.

CHRISTINE ROMANS, CNN CHIEF BUSINESS CORRESPONDENT: Good morning, Brooke.

After Friday's jobs report shocker, will the Fed still raise interest rates next week? Investors say no way. There's just a 4 percent of a rate hike in June now. Chances of an increase in July also falling. The money is now on September. Well, about half the people think there will be a rate hike following that meeting. So your mortgages, credit cards and car loans, they'll stay cheap for now.

What's not staying cheap, gas prices. National average for a gallon of regular, highest in - of the year, actually, overnight, $2.36, up 14 cents in the past month. Still below what drivers were paying this time last year. So the highest gas prices of 2016. And our experts are telling us, Chris, they don't expect they'll go back to $3.

CUOMO: Do you know where the cheapest gas is in your town?

ROMANS: In my town? Absolutely. And it's the only place I go.

CUOMO: Of course you do. Christine Romans, tight as two coats of paint.

Mark Cuban has been mocking fellow billionaire Donald Trump. What does he think about Trump's run for the White House? Why does he want to be his vice president? We're going to put him to the test live.

(COMMERCIAL BREAK)

[08:40:46] (BEGIN VIDEO CLIP)

DONALD TRUMP (R), PRESUMPTIVE GOP NOMINEE: And I wanted to be a billionaire so freakin' bad but all of the things that I've never had.

(END VIDEO CLIP)

CUOMO: That's one of those online lip sync things that's going on. Funny, funny, funny unless you're Donald Trump.

Billionaire Mark Cuban is teasing Trump about his wealth, creating that video, just for your pleasure. It's just the latest Donald disses from Cuban, who has questioned Trump's wealth and claimed he would be a, quote, "puppet president." But despite all this, Cuban says he is open to being vice president for either party, which means Donald Trump.

Mark Cuban joins us now.

A politician in the making. Hitting him with one hand, hugging him with the other, Cuban. That's what you're doing.

MARK CUBAN, ENTREPRENEUR & BUSINESSMAN: Yes, what can I say, you know, somebody's got to do it.

CUOMO: Do you believe that Donald Trump is a billionaire?

CUBAN: You know, I think what the - if it all came down to it, yes, because the price of New York real estate has just sky rocketed over the last five years. So, you know, assuming he hasn't had to keep on borrowing because he's had liquidity issues, then, yes, I would give him credit for being a billionaire.

CUOMO: Do you -

CUBAN: But is he worth 10 billion? No.

CUOMO: Do you believe Donald Trump is not turning over his taxes because he is being audited?

CUBAN: No, of course not. I mean, look, I know what my taxes look like. And the honest answer is, I don't even know how much I pay in terms of income tax percentage. I don't even know how much I've paid in any of the last ten years. When it's time to turn in my taxes, my accountant sets up a table with about 50 different stacks and I just run through and it takes me about 45 minutes to sign them and I sign the signature pages. Maybe - I'm sure, knowing Donald, he knows what's on them, but they're not really going to be indicative of all that much. I don't care about seeing his tax returns, honestly.

CUOMO: So if you don't care and that's the way the process works, why don't you believe what Trump is saying, which is, I'm being audited, my lawyers say don't show what's being audited, so I'm not showing it?

CUBAN: Because that's nonsense, right? It doesn't matter. Your - there's no - there's nothing to preclude you from showing your taxes. You own them. That's your property. And the fact that you're being audited. You know, if he's like me, he gets audited every year and you - the process is the same and, you know, it's not really going to change the outcome of anything.

CUOMO: Trump says he gets audited every year, perhaps because he is such a strong Christian. Do you believe the same is true of you, Cuban? CUBAN: No! No. You know what, I get audited every year because I have

a lot of money and, you know, presumably so does he and, you know, if you work for the IRS and you want to bring more money into the Treasury, you go where the money's at. So, no, I don't - there's no reflection one way or the other.

CUOMO: What's wrong with Donald Trump paying the lowest possible tax rate and, if he can figure it out, not tax all?

CUBAN: Nothing. Nothing at all. You know, I mean, look, it's not so much the tax rate he pays, it's the perspective you have on taxes. You know, as long as you play within the rules, play within the rules. But, at some point, you know, you have to recognize that, you know, we - we get a lot of advantages in this country. He and I both have been, you know, incredibly blessed to have our opportunities in this country. And - and if you ask me, after military service, the most patriotic thing you can do is pay your taxes.

And so I don't mind - look, you know, when the Mavs won a championship, I paid for the parade. I've literally written checks to the treasury of the city of Dallas. The Mavs are building a new practice facility and we haven't asked for a penny and I won't ask for a penny from the city. You know, I've gotten a lot from this country, from this country, and think I owe them back something. He doesn't feel that way and that's his choice.

CUOMO: What's your make on what he's saying about the judge and that the judge being of Mexican descent makes him potentially biased against him. The same would be true if it were a Muslim judge he said yesterday.

CUBAN: It's pretty sad. I mean it's sad. I mean it's trying to intimidate a judge for any reason is just ridiculous, particularly, you know, the position he's in right now. It's more a reflection on Donald. And the reality is, the lawsuits with Trump University go back, you know, long before Donald decided to run for president. So, you know, it's a hail Mary on Donald's part because he knows he's wrong and it's just a sad reflection on him.

CUOMO: And it should be noted the judge continued the case, which is what's allowing Trump to campaign right now free from any of the, you know, the stickiness of dealing with open and ongoing litigation.

[08:45:05] Puppet president. What does that mean, Mr. Cuban?

CUBAN: Well, Mr. Cuomo, I will tell you what it means. You know, in order to be an effective leader, in order to define a vision and explain how you're going to accomplish that vision, you have to understand the issues. You have to dig deep and really have a solid understanding of everything that - that you can touch, really. Everything that's - that's important. And Donald really hasn't made that effort.

If you look back over the last ten months, you don't say, look, he's really started to show an in-depth grasp, a nuanced grasp of all of the issues that he's talking about. It's the exact opposite. You know, he speaks in the headlines. He tries to make headlines without doing any type of deep policy dives. And if you don't understand the issues, if you don't have in-depth knowledge of your policies and the reasons why they may or may not work, then you're going to have to listen to other people. You're going to have to be guided by others in everything. And so because of that, he's going to be a puppet president. And he's just - whoever is closest to him is going to have a whole lot more impact on this country than probably Donald will and what Donald's expectations or desires are.

CUOMO: Is that why you want to be his VP, as some kind of like sneaky play to have the full seat of power?

CUBAN: No, it's not a sneaky play on my part. I mean if it were a sneaky play, I'm not being very sneaky, am I? But I'm a big believer that - that the greatest partnerships, the best partnerships aren't with people who, you know, think exactly the same. You want to have some variance in skill sets. You know, in my business career, all my best partners, all my biggest wins have come with partners who are the exact opposite of me that compliments my skill set. And, you know, I know tech (ph). Donald doesn't even send e-mails. Donald doesn't have a clue about tech. So, you know, there's a lot of benefit there. I'm an independent. I, you know, I can discuss things with both sides of the aisle. So, no, there's no sneakiness about it. I think I compliment his skill set very well.

CUOMO: A strong case provided by Mark Cuban on NEW DAY today to be vice president. Thank you for taking the time to be on the show. You're always welcome, sir.

CUBAN: Thank you, Chris. I appreciate it. I'll come back any time.

CUOMO: All right, be well.

Brooke.

BALDWIN: You should drag him in every Monday morning. That was quite entertaining to watch.

Now to this, season three of the TNT drama "The Last Ship" premieres this coming weekend. One of the stars, Mr. Eric Dane in studio joining us here for NEW DAY to give us a preview. Spoil alert.

CUOMO: Handsome.

(COMMERCIAL BREAK)

[08:50:57] (BEGIN VIDEO CLIP)

UNIDENTIFIED MALE: The Chinese ordered the cure, letting the virus mutate across Asia.

UNIDENTIFIED MALE: the cure hasn't been getting to the people who need it.

UNIDENTIFIED MALE: If you are implying -

UNIDENTIFIED MALE: I'm a military man, Mr. President, I don't imply.

(END VIDEO CLIP)

BALDWIN: A look at some of the action from the upcoming season of TNT's "The Last Ship." The drama centering around the catastrophic virus that nearly kills off the world's population. Yikes. This show returns for a third season with a two hour premier this coming Sunday. Joining me now, one of the stars, Eric Dane, who plays Commander Tom Chandler.

So nice to meet you.

ERIC DANE, ACTOR, TNT'S "THE LAST SHIP": Likewise.

BALDWIN: So can you give me a little preview as we jump into season three?

DANE: Sure.

BALDWIN: What we're - what we're coming (INAUDIBLE).

DANE: Sure. Season one was about finding the cure. Two was about discriminating the cure and restoring government and national healing. And now season three is more of a global affair. It takes place in the better part of China, Japan, Vietnam.

BALDWIN: So, we were just talking in commercial break and I think viewers will find this fascinating here. You know, you shoot in California. You're very close - you have, you know, folks in the U.S. Navy around making sure this is -

DANE: Every day.

BALDWIN: You know, as real as possible.

DANE: Every day.

BALDWIN: You've been in the Pentagon. Talk to me a little bit about that.

DANE: The Pentagon was interesting. I ended up in the basement about two hours into my tour, which is where everything happens in the Pentagon.

BALDWIN: Ended up because you walked - you were kind of curious or they were watching your every move?

DANE: I didn't - I didn't wander into the basement. They brought me into the basement.

BALDWIN: Yes.

DANE: It's - it's actually not really a basement. It's a very high- tech sort of command center.

BALDWIN: Yes. DANE: And I was sworn that I wouldn't say anything. But they showed me -

BALDWIN: Except for right now.

DANE: Right. I know. But they showed me some pretty interesting stuff. And it was all just - it was all stuff they put up for me to make me feel like I was seeing something.

BALDWIN: Of course. Of course.

DANE: Once I left they -

BALDWIN: They were like, OK, now the real - the real work can continue.

DANE: Right.

BALDWIN: How have you - you know, this season shifts toward Asia and being, you know, character being so enmeshed in, you know, like world affairs, geopolitical. How close - are you paying attention? Do you pay attention as you, yourself, for your character, for the show?

DANE: Not at all. I'm clueless about most of it.

BALDWIN: You are not.

DANE: I am.

BALDWIN: You are not. You are not.

DANE: I don't follow politics. It's not my thing. I'll leave politics to the politicians.

BALDWIN: Yes, no, but for the show. So tell me a little bit. Actually, we have another clip. This is a bit of a spoiler alert and then we can talk on the other side. So if you are following along, "The Last Ship," close your ears for just a second because you may not want to see what's about to happen. Roll it.

(BEGIN VIDEO CLIP)

UNIDENTIFIED MALE: Michael Slattery (ph), captain of the United States Navy, I, and five members of my crew are prisoners of war.

(END VIDEO CLIP)

BALDWIN: Can you tell me - what - what just happened?

DANE: Well, they're prisoners of war. They got - so, Captain Slattery, he's a captain now and he's my xo.

BALDWIN: Yes.

DANE: I've been promoted to CNO. He and his crew are taken hostage, kidnapped in Vietnam and my new mission is basically to bring back Slattery and his crew.

BALDWIN: Why do you love this show? Last question, why do you - why do you love this job?

DANE: It's fun. It's fun. I've never had so much fun at work. You know, it's - I'm just a kid at heart and these are just huge toys and we have a great cast and the Navy's just fantastic to work with and collaborate with.

BALDWIN: (INAUDIBLE).

DANE: And the writers are great. It's all around - for me it's a win/win.

BALDWIN: Chris really wanted to do this interview, so -

DANE: But?

BALDWIN: So, thanks, Chris, for, you know -

DANE: Next time.

CUOMO: His macho would melt me.

BALDWIN: Season 3 of the "The Last Ship" premieres this Sunday at 9:00 p.m. Eastern on our sister network TNT. Eric, a please. Thank you very much.

DANE: Likewise.

BALDWIN: And "The Good Stuff," next.

(COMMERCIAL BREAK)

[08:58:43] CUOMO: All right, BB, you feel like you need your faith in humanity restored?

BALDWIN: I do, please.

CUOMO: All right, here we go.

BALDWIN: OK.

CUOMO: "The Good Stuff." Very often, as we know, the worst can bring out the best. And this story is a tough one. OK. Beth Laitkep, she was the mother of six kids, she passed away from cancer at just 39 years of age. At her side was a very good friend named Stephanie Culley. She did all she could while Beth was suffering.

(BEGIN VIDEO CLIP)

KATHY WOODS, FRIEND OF STEPHANIE: Very, very humble. She - she won't ask for help. She's just - she's an angel.

(END VIDEO CLIP)

CUOMO: Stephanie not only stayed true, but she felt she was called to do more. Much more.

(BEGIN VIDEO CLIP)

STEPHANIE CULLEY, MOM OF NINE: Complete peace with the fact that I was going to be the mother of - of nine kids.

(END VIDEO CLIP)

CUOMO: That's right.

BALDWIN: My goodness.

CUOMO: She has three kids of her own. Now she has nine kids of her own.

BALDWIN: Plus six. Bless her heart.

CUOMO: Beth's six kids are now with someone she knows will love them the way her - their mother wanted them to be loved.

BALDWIN: That's friendship. That's love.

CUOMO: Right?

BALDWIN: You know.

CUOMO: And, obviously, the need is great. Nine kids. I mean three kids is hard. Nine kids -

BALDWIN: And just think about what the six kids are going through. Just - they know what's happening with their own mom and to be around -

CUOMO: Yes.

BALDWIN: At least their mom's dear friend.

CUOMO: And we know that you're feeling the way that Brooke is, which is, how do I help? How do I help? Go to my FaceBook page. There is an opportunity for you to help, for these kids, to make sure they have a future that their mother wanted for them.

BALDWIN: Right.

[09:00:05] CUOMO: You can get the information right there.

BALDWIN: OK. Thank you so much.

CUOMO: Oh, thank you.

BALDWIN: It was good to see you for three hours. I'm back at 2:00 Eastern. So we'll see you then. In the meantime, NEWSROOM with Carol Costello starts right now.