CEO President Donald Trump Loses CEOs | The Last Word

>>> DONALD TRUMP IS FACING MORE CRITICISM FROM BUSINESS LEADERS
TODAY. MITT ROMNEY, WHO RAN FOR
PRESIDENT ON AN ARGUABLY MORE SUCCESSFUL BUSINESS RECORD THAN
DONALD TRUMP'S, TODAY SAID THIS ABOUT DONALD TRUMP'S FAILURE TO
CONDEMN WHITE SUPREMACISTS AND NAZIS.
QUOTE, WHETHER HE INTENDED TO OR NOT, WHAT HE COMMUNICATED CAUSED
RACISTS TO REJOICE, MINORITIES TO WEEP, AND THE VAST HEART OF
AMERICA TO MOURN. THE PRESIDENT SHOULD ADDRESS THE
AMERICAN PEOPLE, ACKNOWLEDGE THAT HE WAS WRONG, APOLOGIZE,
STATE FORCEFULLY AND UNEQUIVOCALLY THAT RACISTS ARE
100% TO BLAME FOR THE MURDER AND VIOLENCE IN CHARLOTTESVILLE.
THAT COMES AS ANOTHER TRUMP COUNCIL OF BUSINESS LEADERS IS
FALLING APART. AT LEAST TWO-THIRDS OF DONALD
TRUMP'S DIGITAL ECONOMY ADVISORY BOARD HAS RESIGNED ACCORDING TO
POLITICO. TWO OTHER TRUMP ADVISORY BOARDS,
AS YOU KNOW, DISSOLVED THIS WEEK.
THE BUSINESS COMMUNITY IS NOW ABANDONED DONALD TRUMP, LEAVING
HIM ISOLATED AND UNDERMINING HIS CENTRAL CAMPAIGN ARGUMENT THAT
HIS BUSINESSESS RELATIONSHIPS A SUCCESS WOULD MAKE HIM AN
EFFECTIVE PRESIDENT. >> I'M REALLY RICH.
I KNOW THE BEST PEOPLE. I KNOW THE BEST MANAGERS.
I KNOW THE BEST DEAL MAKERS. I'M A WORLD-CLASS BUSINESS GUY.
I HAVE TO GET ALONG WITH EVERYBODY.
I GET ALONG WITH EVERYBODY. THAT'S MY JOB.
I'M A BUSINESSMAN. I KNOW HOW TO DO THIS.
>> IF DONALD TRUMP HAS LOST BUSINESS LEADERS, THAT RAISES
THE QUESTION WHO DOES HE HAVE LEFT ON HIS SIDE?
JOINING US NOW IS JOHN FASTMAN, THE WASHINGTON CORRESPONDENT FOR
THE ECONOMIST WHO CONTRIBUTED TO THE ECONOMIST'S LATEST COVER
PACKAGE. THAT IS DONALD TRUMP TALKING
TINY A BULLHORN SHAPED LIKE A CUE CLUX CLANZ MAN'S HAT.
ALSO PETER WAYNER. HE WORKED IN THE LAST THREE
REPUBLICAN ADMINISTRATIONS AND WAS A SENIOR AIDE TO PRESIDENT
GEORGE W. BUSH. PETER, LET ME START WITH YOU
BECAUSE ONE THING THAT REPUBLICANS HAVE ENJOYED BEING
ABLE TO DO IN THE LAST FEW DECADES IN THE UNITED STATES IS
GENERALLY SPEAKING CLAIM THE SUPPORT AND PARTNERSHIP OF THE
BUSINESS COMMUNITY BECAUSE THEY SHARE INTERESTS IN SOME
DEREGULATION OR LOWER TAXES, AND THAT'S EXACTLY THE SAME THING
WITH DONALD TRUMP. BUSINESS LEADERS WANTED TO
ACHIEVE SOME OF THE GOALS THAT HE SAID HE COULD ACHIEVE, AND
NOW THEY'VE TURNED THEIR BACKS ON HIM.
>> YEAH, AND THEY'VE TURNED THEIR BACK ON HIM NOT SO MUCH
BECAUSE OF CHANGES IN POLICY, BUT BECAUSE IT'S DAWNED ON THEM
THAT MAN IS A OFFENSE. THE BUSINESS COMMUNITY IS BAIL
BE ON HIM AND THE WHITE NATIONALISTS AND NAZIS ARE
RALLYING TO HIM. I GIVE YOU THE TIMES AS THOMAS
MORE SAID. THE REPUBLICAN PARTY IS IN
CATASTROPHIC SHAPE RIGHT NOW
BECAUSE ITS BUSINESS CENTER AND CORE AND ITS MORAL CORE IS BEING
ERODED BY DONALD TRUMP. AND REALLY ALL THAT'S GOING TO
BE LEFT IS THIS SORT OF RADIOACTIVE WHITE NATIONALIST,
WHITE SUPREMACIST ELEMENT, AND IT'S JUST GOING TO GET VERY,
VERY UGLY. AND HAVING STEVE BANNON ON THE
OUTSIDE NOW DECLARING WAR, AS HE SAYS, ON THE ESTABLISHMENT IS
GOING TO MAKE THINGS EVEN MORE CHAOTIC AND DISRUPTIVE.
THIS WHITE HOUSE IS COMING APART.
IT'S GOING TO GET WORSE BEFORE IT GETS BETTER.
THE LAST THING I'LL SAY ABOUT THAT IS THAT THE UPON IS NOT
STEVE BANNON DESPITE HOW LOATHSOME HE IS.
THE PROBLEM WITH THE TRUMP PRESIDENCY ALWAYS AT ITS CORE
HAS BEEN DONALD TRUMP. AND IF HE DOESN'T GO ANYWHERE,
THIS MALIGNANCY WILL CONTINUE. >> HAVING BANNON OUT OF THE
PICTURE WILL EITHER PROVE THAT TO BE TRUE OR FALSE IN THE
COMING DAYS. JOHN, YOU GUYS AT THE ECONOMIST
ARE UNABASHED CAPITALISTS. BUT WHAT PETER WAS GETTING AT IS
THERE IS AN INABILITY NOW REGARDLESS OF WHETHER YOU'RE A
DEMOCRAT OR REPUBLICAN IN AMERICA, THERE'S AN INABILITY AT
THE MOMENT FOR THE PRESIDENT TO GET THINGS DONE, GET THOSE
THINGS ON HIS LEGISLATIVE AGENDA ACCOMPLISHED BECAUSE THE
PRESIDENT HAS NO ALLIES. HE HAS BEEN, AS MY COLLEAGUE
STEPHANIE RUHLE SAID, DONKEY KICKING REPUBLICANS IN CONGRESS.
HE'S GOING TO BE FIGHTING WITH THE FAR RIGHT NOW WITH BANNON,
AND HE HAS GOT NO PARTICULAR RELATIONSHIP WITH DEMOCRATS IN
WASHINGTON. >> I THINK THAT'S A PROBLEM.
I THINK IN CONGRESS YOU HAVE PEOPLE CHAMPING AT THE BIT TO
GET THINGS DONE. YOU HAVE REPUBLICANS WHO REALLY
WANT TO DO TAX REFORM. BUT HE HAS, NUMBER ONE,
ALIENATED EVERYTHING. NUMBER TWO, HE'S SHOWN THAT HE
HAS NO REAL UNDERSTANDING OF THE SORT OF PATIENT LOBBYING WORK
THAT YOU NEED TO DO TO GET THINGS DONE.
SO THE QUESTION OF WHAT HAPPENS IS A GOOD ONE.
ONE POSSIBILITY IS THAT THE PRESIDENCY JUST GETS SORT OF
SHRUNK DOWN TO ITS HISTORICAL SIZE, AND REPUBLICANS PASS A
CORPORATE TAX PLAN OF THEIR OWN AND PRESENT IT TO HIM TO SIGN AS
A FAIT ACCOMPLI. NOW, THE QUESTION THERE IS HOW
WILL HIS EGO REACT TO HAVING THAT HAPPEN?
AND THAT'S SOMETHING I FEAR WE KNOW THE ANSWER TO ALL TOO WELL.
>> PETER, THIS IS AN INTERESTING POINT BECAUSE WE'VE HAD SORT OF
16 YEARS REALLY OF PRESIDENCY BEFORE DONALD TRUMP OF
PRESIDENTS WHO HAVE TRIED TO GAIN MORE EXECUTIVE POWER AND
MAKE THE PRESIDENCY BIGGER. NOW IT MAY BE THAT THE
PRESIDENCY, AS JOHN SAYS, GETS SMALLER.
BUT HERE'S WHAT GROVER NORQUIST, WHO I THINK PRIOR TO STEVE
BANNON WAS THE MOST POWERFUL UNELECTED MAN IN WASHINGTON.
HERE'S WHAT HE SAID IN 2011 ABOUT WHAT REPUBLICANS NEED.
LISTEN. >> THE LEADERSHIP NOW FOR THE
MODERN CONSERVATIVE MOVEMENT FOR THE NEXT 20 YEARS WILL BE COMING
OUT OF THE HOUSE AND THE SENATE. SO FOCUS ON ELECTING THE MOST
CONSERVATIVE REPUBLICAN WHO CAN WIN, AND THEN PICK A REPUBLICAN
WITH ENOUGH WORKING DIGITS TO HANDLE A PEN TO BECOME PRESIDENT
OF THE UNITED STATES. >> PETER, I MEAN THAT WAS AN
INTERESTING THEORY, RIGHT? GET CONSERVATIVES, FISCAL
CONSERVATIVES, THAT IS, ELECTED TO THE HOUSE AND THE SENATE, AND
GET A PRESIDENT WHO WILL SIGN THE BILL.
THAT ISN'T EVEN WHAT REPUBLICANS HAVE AT THE MOMENT BECAUSE THEY
DON'T HAVE THE MORAL LEADERSHIP. THEY DON'T HAVE THE THING THAT
YOU COUNT ON THE WHITE HOUSE FOR TYPICALLY WHEN YOU'RE TRYING TO
GET TOUGH BILLS THROUGH AND TAX BILLS ARE TOUGH BILLS.
>> YEAH, YOU'RE EXACTLY RIGHT. GROVER'S THEORY WAS INTERESTING.
IT WAS ALSO WRONG. THIS IS EXACTLY WHAT THE
REPUBLICAN LEADERSHIP, PAUL RYAN AND MITCH McCONNELL THOUGHT
COULD HAPPEN. THEY UNDERSTOOD ON SOME LEVEL
THAT DONALD TRUMP WAS AN EXTREMELY INEPT AND IGNORANT
MAN, BUT THEY THOUGHT THEY COULD PUSH THROUGH AN AGENDA AND THAT
THEY WOULD GET HIM TO SIGN IT, AND ALL WOULD BE RIGHT WITH THE
WORLD. THEY WERE WRONG ABOUT THAT
BECAUSE THEY WERE WRONG IN THE SENSE THEY UNDERESTIMATED THE
DISRUPTIVE EFFECT AND JUST HOW PSYCHOLOGICALLY AND EMOTIONALLY
UNHINGED DONALD TRUMP IS AND THE RADIATING EFFECTS OF THAT ON HIS
AGENDA AND ON EVERYTHING ELSE. THE OTHER THING THAT THEY
UNDERESTIMATED IS THAT THIS IS HARD STUFF, LEGISLATION AND
GOVERNING. THESE ARE BIG BILLS THAT THE
HOUSE AND THE SENATE WERE TRYING TO PASS, AND YOU NEED AN ENGAGED
AND ALERT PRESIDENT TO GET THEM THROUGH IN THE BEST OF TIMES.
NOT ONLY WAS DONALD TRUMP NOT THERE TO HELP THEM, HE WAS
ACTIVELY HURTING THEM. IT WAS TO THE POINT THAT IF YOU
TALKED TO REPUBLICANS ON THE HILL, THEY WANTED HIM OUT OF THE
MEETINGS BECAUSE HE WOULD SET BACK THEIR AGENDA.
SO, LOOK, THE REPUBLICAN PARTY LEGISLATIVELY IS AT SEA.
THEY'VE PASSED VIRTUALLY NOTHING AT ALL, BUT THAT IS THE LEAST OF
THEIR PROBLEMS RIGHT NOW BECAUSE IT'S NOT A LEGISLATIVE FAILURE
FOR THE REPUBLICAN PARTY. IT'S A MORAL FAILURE.
IT'S AN ETHICAL FAILURE, AND IT'S GOING TO GET WORSE.
AND THE REPUBLICAN PARTY BETTER REALIZE THAT AND STAND UP TO
DONALD TRUMP ON THOSE GROUNDS. >> JOHN, TO YOUR POINT ABOUT A
SMALLER EXECUTIVE, A BIGGER LEGISLATIVE BRANCH, IS IT
OBVIOUS TO YOU WHO IN THESE DAYS THAT WE'RE IN RIGHT NOW IS GOING
TO LEAD THAT EFFORT AND PERHAPS FOR THE REST OF THIS PRESIDENCY
AS WE HAVE A LESS RELEVANT, LESS CONSEQUENTIAL PRESIDENT, BECAUSE
THAT'S WHAT HE'S DOING TO HIMSELF, THAT WE END UP WITH A
MORE RELEVANT, MORE CONSEQUENTIAL CONGRESS?
>> IT'S NOT OBVIOUS YET. SOMEONE REALLY NEEDS TO STEP
FORWARD. WHAT WE'VE SEEN SO FAR IS THE
INITIAL BITS OF COURAGE COMING FROM THE BUSINESS COMMUNITY, AND
THAT'S REALLY NOT A SURPRISE. IF YOU RUN A BUSINESS, THERE'S
NO -- YOU KNOW, THERE'S NO ELECTORAL COLLEGE FOR BUSINESS.
YOU HAVE TO SORT OF BE CON -- IF YOU ARE A CONSUMER-FACING
COMPANY, YOU HAVE TO TAKE ACCOUNT OF WHAT PEOPLE WANT.
I THINK THE QUESTION IS WHO ARE WE GOING TO SEE IN CONGRESS
FOLLOW THE BUSINESS COMMUNITY'S LEAD FIRST?
AND I THINK THAT'S NOT QUITE CLEAR.
>> GENTLEMEN, THANK YOU FOR
BEING WITH US ON THIS SUMMER

CEO President Donald Trump Loses CEOs | The Last Word | MSNBC

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