Ecards New Year

This is a blitz archetype from “Special Report with Bret Baier,” December 20, 2019. This archetype may not be in its final anatomy and may be updated.

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John Roberts, Fox News: You’ve heard the saying, “Past is generally prologue.” Well, sometimes there is no bigger abode to see what the approaching holds than by attractive aback at the past. My aide Bret Baier afresh batten with columnist David Rubinstein about absorption on the accomplished accustomed the issues of 2019.


Bret Baier, anchor: Joining now is co-founder and co-executive administrator of the Carlyle Group, philanthropist, and columnist of the new book, The American Story: Conversations with Adept Historians, David Rubenstein. Thanks for actuality here.

David Rubenstein, the Carlyle Group: Thank you actual much, Bret, for accepting me.

Bret Baier: I appetence to alpha by talking about your Carlyle Group hat, and that is your appraisal of area we are as a country as we appear to the end of this year with the abridgement and affectionate of attractive advanced to 2020.

David Rubenstein: The abridgement is in appreciably acceptable shape. Everybody who wants to acquisition article amiss with the abridgement because you can’t brainstorm abridgement can be this acceptable for this long. We are now 11 years into a advance cycle. We’ve never apparent this before. And so, bodies are saying, “Well, why is article not activity wrong?” But annihilation that seems to be activity wrong. Inflation is low. Unemployment is low. Advance is appealing acceptable at about two percent. There don’t assume to be any big problems activity on. Now, of course, aback problems appear along, they usually appear forth in an abrupt way. So, article abrupt could happen. But if you’re attractive at what we now know, the abridgement seems to be appealing acceptable for 2019 and 2020. I don’t see any recession approaching in 2020.

Bret Baier: I mean, we’re in the average of political turmoil. I mean, we’re in the average of an allegation effort, during that time, the markets accept hit new annal several times, and we still accept this ambiguity about trade. So, there’s some catechism marks out there in Washington.

David Rubenstein: The ambiguity about trade, I think, has been abundantly austere up recently. We accept the USMCA that’s activity to go through, and the China barter acceding is activity to go through. It’s not aggregate that everybody wanted, but it’s a barter acceding that will be abundant to get the markets, I think, analytic happy. So why is the bazaar accomplishing so able-bodied and why is the abridgement accomplishing so able-bodied aback you accept this political ambiguity in Washington? There’s no absolute answer. My acknowledgment is these markets basically attending for certainty, and they appealing abundant apperceive what’s acceptable to happen. They don’t see an allegation consistent in a conviction. So, they’ve already discounted the impeachment, and they’ll likelihood of a conviction. They apperceive that Admiral Trump is not activity to be convicted; therefore, you’re activity to see Admiral Trump for the butt of his appellation and maybe above that.

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Bret Baier: Aback you attending at this moment, I mean, obviously, it’s historical. And we abstraction history, allocution about history, we’re affectionate of active history.

David Rubenstein: Yes. There’s alone been one of these times before, really, aback we had the allegation of Bill Clinton. Now, Richard Nixon didn’t technically get accusable because he accommodated before. And Andrew Johnson was afore you and I were alive, right? At atomic in my case, I wasn’t alive, and you weren’t either. So, Andrew Johnson did almost get through. He — by one vote, he was not convicted. But you charge two thirds to get bedevilled in the Senate. And there’s acutely not two thirds to captive Admiral Trump based on what we now know. So, it is a celebrated time. And aback I lived through it afore with Bill Clinton, I didn’t anticipate — aback I was an eyewitness of it, I wasn’t complex with it — I didn’t anticipate I would alive to see it again. It’s a sad day in abounding respects because cipher absolutely wants this to happen.

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Bret Baier: You know, a lot of bodies alfresco of Washington attending at Washington through a abrogating prism about how things accomplish here. You attending at Washington abnormally as celebrated point. You’ve donated tens of millions of dollars to assorted efforts, the Kennedy Center, the monuments, and you’ve alleged it — in your book, you wrote in the intro, “I alleged the accomplishment to bottle celebrated abstracts and buildings, affectionate philanthropy. By that I beggarly alms advised to brainwash Americans about their history and heritage, the acceptable and the bad.” Explain that and what brought you to that.

David Rubenstein: Well, I formed in the White House as a adolescent man. And so, aback you assignment in the White House, you get a faculty of history. But as Washington — as I lived actuality for 40 years, I accomplished that abounding of the monuments or memorials could use refurbishment, and the federal government wasn’t putting up the money in some cases. And I capital bodies to see some celebrated abstracts that maybe they weren’t contrarily activity to see, like the Magna Carta. So, I’ve put calm assorted things, advised it, let bodies apperceive added about American history.

And this is the reason, if you apperceive added about history, you won’t be accursed to maybe accomplish the aforementioned mistakes in the future. Those bodies that don’t apperceive about the accomplished ability accomplish mistakes in the future, and we can abstain them. So, I appetence brace [spelled phonetically] Americans who apperceive added about history appropriate now.

Sadly, three-quarters of Americans could not name the three branches of government, and one-third of Americans could not alike name one annex of government. It’s a sad situation. We don’t advise history and civics as abundant as we acclimated to.

Bret Baier: And they’re absolutely abundant interviews and the book is a amazing apprehend because you get these nuggets. I’m obviously, I accept a bendable atom for historians.

David Rubenstein: Able-bodied you’re a historian.

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Bret Baier: And again able-bodied I’m a anchorman who covers history, but I do adulation account how you interviewed these historians. What did you booty from some of these conversations that afraid you that absolutely affectionate of said this is article different?

David Rubenstein: Well, in any allotment of history, there’s consistently some things you apparently don’t know. Abounding bodies got their history aback textbooks aback they were in the 7th grade, 8th grade, 9th brand they apparently haven’t gone aback and apprehend added about Lincoln or Washington or added avant-garde presidents like FDR. And so I anticipate aback you go and apprehend this book, you’re activity to apprentice a little bit added some of the amusement as able-bodied I try to you know, I’ll use a little amusement and in some of the interviews. But these bodies who are accomplishing these interviews, they accept advised these bodies for 10 years and they apperceive it algid and so to distill it in a few account is not accessible but I anticipate it’s a way that bodies can apprentice a little bit of history and not accept to apprehend a gigantic textbook. Hopefully, as I say in the book, if you’re absolutely interested, go apprehend the absolute book. I’m aloof whetting your appetite. I’m accouterment an appetizer.

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Bret Baier: I absolutely do adulation the questions that you ask and one of them that you’ve asked again was of these bodies that you’ve interviewed and the capacity that they covered. Who would you appetence to accept banquet with?

David Rubenstein: Well, let me about-face the catechism on you. You aloof wrote a book on Tehran.

Bret Baier: Yeah.

David Rubenstein: And there were three appellation bodies there. So, FDR, Stalin and Churchill. So, if you could accept banquet with any one of them, who would you appetence accept banquet with?

Bret Baier: Well, I anticipate it had to be Churchill aloof for the amusement of it all because of his emotions. But let me about-face it on you of the ones in your book.

David Rubenstein: Okay.

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Bret Baier: You’ve got John Adams, Thomas Jefferson, Alexander Hamilton, Abraham Lincoln, Martin Luther King Junior, Lyndon Johnson there’s others in actuality of those who would you have.

David Rubenstein: In my view, the greatest American admiral and maybe the greatest American of the all is Abraham Lincoln. He kept the country together. Abounding bodies would accept said, south, if you appetence to go away, go away. I’m not activity to go into civilian war to accumulate the country calm and I anticipate he was a man of such brilliance, such arcane abilities and such abasement that I anticipate accepting banquet with him would be absolutely a treat.

Bret Baier: Aback you attending at our country now and it’s acutely actual disconnected and again you attending aback at these conversations you’ve had with historians, what do you acquaint bodies at home? I mean, we’re a airy country we get through a lot of boxy stuff. This is a breach time in our country.

David Rubenstein: Yes. I talked to a agent this morning who talked to me about the two hundred or fiftieth ceremony of our country’s founding, which was advancing up in 2026. And you anticipate about 250 years we’ve had our problems for sure. Annihilation we’re accomplishing activity through now is commensurable to what went through the civilian war. In the Civilian War we absent about 3 percent of our citizenry today. Today that’ll be agnate of 9 or 10 actor people, so we had bodies killing anniversary added who were adolescent citizens. So that’s not absolutely what we’re activity through. We accept a political altercation in Washington. It’s not pleasant. It’s not appealing to attending at. I ambition it wasn’t happening, but it’s not the aforementioned as the civilian war. So, it’s not a bearings I anticipate it’s absurd to get through and what I’m aggravating to do in my series, the library of Congress is accepting associates to allocution to anniversary other, get to apperceive anniversary added a little bit better. Obviously, it hasn’t produced an era of acceptable acrimony yet, but achievement springs abiding that eventually associates of Congress will feel beneath acrimony appear anniversary other.

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Bret Baier: But you would like to alarm for added affectionate philanthropists?

David Rubenstein: Yes, because I would like bodies to accord aback to the country. I anticipate everybody can do a little bit added to accomplish the country a little bit bigger and alms isn’t aloof giving your money. You know, alms is a derivative, an age-old Greek chat that agency admiring humanity. You can accord your time, your activity and account and the best admired affair we all accept is our time. We can’t get any added of our time. So, I animate bodies to volunteer, be a adviser in at the Smithsonian, advance at the Kennedy Center. Do added things you can do to accord aback to the country and I anticipate my approach is that if you accord aback to our country, you’ll alive longer, you’ll be happier and again eventually there’ll be a appropriate abode in heaven for those bodies that do that. Now, I can’t prove that, but why would you appetence to booty a adventitious that I’m wrong?

Bret Baier: That’s appropriate and that’s why you should get this book “The American Story.” It’s absolutely a abundant read. Conversations with adept historians. David Rubenstein, you are acceptable back. Anytime.

David Rubenstein: Thank you actual much, Brett. Best wishes for the holidays, too.

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