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tv   Cashin In  FOX Business  August 26, 2012 2:30am-3:00am EDT

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just a few; right? they want to cancel the whole thing. i'm worried were new yorkers and all of us. he gets into these anti-frackers, i'm telling you, we are all fracked. fracked as that puppy. charles payne says that happens nothing happens on mitt romney's goal this week to get the country moving towards energy dependency 20 # 20. it's worse than yoko ono singing. >> nothing is worse than her singing. you know what, though? if we could get her to sing between two rocks, you don't need a million pounds of water. neil: after the fact he put up with that, was a loving husband, i'm going to put you on an album. >> oh, man. neil: a loving husband. >> that woman, are you kidding me? neil: that's a giant. i digress.
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>> me too. every time i hear her singing, i lose track what we are talking about. cuomo will go with the fracking. neil: this is a big crowd. lady will run for president in four years. >> he'll have a credibility of someone who did something smart. here's the thing -- neil: you want the b52 #'s mad at you? >> i don't care. neil: stupid name for a group. >> yoko has a lot of money. new york's unemployment rate was over 9%. in pennsylvania, this area is called the marselles shell between new york and pennsylvania, and pennsylvania, 2010, 11 billion in value, 1.1 billion of state and local taxes created 140,000 jobs. 2015 #, creates 215,000 jobs.
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2020, creates 256,000 jobs, 2 billion in tax revenue. are you kidding me? this is amazing. neil: they say you kill bambi in the process. >> kill bambi? neil: the environment is destroyed you greedy profiteers. >> if there's a way actors, artists, has beens and would be can create 256,000 jobs in a single year -- neil: ono was like a never was. >> she was a weird, free kim kardashian. at least kim is great to look at, but someone who is famous for no talent, doing nothing -- neil: nevertheless, there's a collective push. they don't know about fracking, and they don't know. it's not what they say. it's not them obliterating the environment. >> there's a movie with matt
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damo that portrays fracking. i don't get it. the people with the biggest global footprint in the world suck up more fossil fuel energy in a day than the average family does in a year. the job creation, the revenue creation -- neil: switching it around then. if you get cuomo intimidated by this, and it could go the other way if he wants to state his own course, other governors would feel the heat as well; right? fold to all of the folks who can't sing? >> if you fold to this, you have to be able to tell people who electedded you why unemployment is going up, why there's 9.1% unemployment going up in the great state of new york and what you're going to do about it. if you let celebrities dictate policy that stops the creation of hundreds of thousands of jobs and billions of dollars in tax revenue, you better have a good plan b. you better be the best orator in the world if you are going to get away with that.
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neil: well put. someone who wants the environment to look good, will you listen to lady gaga who dresses like that? >> i don't think so. neil: charles, thanks. lance armstrong will not be happy as the record of seven titles off the record, and i bet i know of one almost frenchman who is ecstatic. >> it was not originated in europe. since you mentioned north america, this crisis was originated in north america. neil: this guy who sounds like a frenchman, although he's not, but that's all we need, must be thrilled one american rival will be benched. meanwhile, pregnant women ticked off at the blow to government. the fell lee ceo telling washington to take a rest. ♪
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♪ neil: they are so fed up with the same government song and dance, well, she made a song and dance. smith says all the red tape is smothering his business. good to have you here. you came up with a pillow to help pregnant women; right? >> right. neil: awkward time with their bellies. >> right. neil: can benefit men, myself included, but i digress. that's when the trouble started? >> right. neil: explain. >> i invented a maternity
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support pillow and a beer gut version eventually. neil: thank you very much. >> no, i wasn't saying -- neil: you started well. >> i was ready to go, and i found out i had to pay $3660 in state registration fees just to be allowedded to sell a pillow no 13 states that require tags. neil: for each one? >> for the first year. north carolina was $720 a year. neil: wow. >> that adds up. neil: what other regulations? >> then i found out that there's also a distributer license. this is all new after i raised my initial $6,0. there's another thousand dollars for districter license to be allowed to sell the pillow. they are selling the pillow, and then there's manufacturing. the manufacturer -- it's been super confusing. neil: can get off the bed with this thing? >> no, i can sell locally and regionally, but pregnant women
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are on the internet. that's where i want to be. i to pay the fees. neil: what did you do? >> i wrote a rap. >> neil: the pillows are still out there? >> preselling to raise enough money to get it off the ground, and i've had a turn away business because pregnant women don't want to wait four to six weeks from the manufacturer. neil: that makes sense. i think you have a better career here. you have a great voice, very poised, very talented, very funny. forget the pillows, move here. >> let me know. neil: what was the reaction you got when you complained about the rules, regulations, all the nonsense, the fees, like, what were they giving you, the non-plus, that's the way it is, lady, move on? >> exactly. when i found out, i cried a little bit, talked to my husband, and told him about the rap idea, and he said, well, if it's going to work, go for it. i talked to a friend who likes to write, and we put the song
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together, and i knew i needed more than a sob story, so i thought with the rap and pregnant friends rapping with me -- neil: they were really pregnant? >> they were both pregnant. neil: very clever. it's viral. >> we're getting there. we're at 11,000 or 12,000. neil: after this show, it's up to a million. not to brag, but, you know. is there any message you have, though, to other entrepreneurs? folks don't think what it takes to launch a great idea, that the idea can be great, the finance behind it can be sound, but there's other stuff you don't expect. >> yeah, and there's just always going to be roadblocks and things that you come up against. i'm glad i found out later in the game so i had women saying, go for it, you have to do this. just go for it and decide i'm going whatever it takes to get it out there.
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neil: do you blame -- i mean, regulations have been going on, and democratic administration, republican administration. they say like 100 new ones on the books every day for years and years. there might be new regulations a year from now that will bar you from talking about the difficulties you're having with a product. >> what concerns me is it's 13 states with the law tags, plus the city of detroit. my township put aside that we should have a pig low tag fee, and then i have to pay it. neil: what happens when you take a tag off a ma stress or pillow? i think they shoot you, no? >> no. there's fines. neil: do not remove. >> there's a thick tag. you can cut it off if you're the consumer. when you own it -- neil: not at the store. right. my 2-year-old is obsessed of cutting tags off. neil: she's going to prison. >> we own it. the things -- we don't do it in
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the store. neil: regulations demands we rerun the tame and show it to government officials at the commerce department. >> sorry. neil: no, best to you, bright smart young lady. you got a music career or a comedy career or both. meanwhile, speaking of comfort, even in tough times, having a tough time cozying up to mitt romney, regulations or no. polls show voters overwhelmingly like the president more. psychotherapist says, and with the environment with regulations like this, you'd think the president would be in deep do-do, but he's not. he competitive if not favored. what is doing that? likeability? >> we are relational human beings. what happens is we make choices based on somebody likable. we think that saves us.
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rather than thinking about what the presenting problem is and developing a solution resolution for that, we think this person will care for us because we like them. neil: so that's what's giving the president the edge? any other incumbent in an environment like this would be in some trouble. so far president obama is not. to cut him certainly some real factual slack, he did inherit a mess as he reminds us so maybe the american people remember that saying, well, it takes time to correct that. i agree with you, doctor. i think there's something to this that he is still considered a likable guy. is that because mitt romney, by comparison, is not that well-known a guy? ronald reagan and jimmy carter, announce himself or expose himself on the national stage to be a cred l, likable alternative to the president. >> from a psychotherapist stand point, i feel what's going on. people are helpless, hopeless, and afraid. what's happening is part of
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obama's platform appeals to the fear. that exacerbates the already existing condition of worry so rather people feel they rely on him, that he'll care for them, and that exacerbates a womb-like conditions. yes, you heard that right, "womb-like," and rather than being independent and self-empowered, we have somebody else care for us. this concerns me greatly. i can share why if you'd like. neil: sure. >> okay. well, my concern is by us relying on a larger government concept, what happens is even the capable begin to feel incapable, and in essence, we are going through a transitional time in terms of our philosophical belief system of what america is and believes in. actually, self-empowerments, strong work ethic, finding
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solution resolutions within the presenting problem, economy, somebody who can help us with jobs, that would be the true box it out solution strategy, but with you feel so overwhelmed, it's hard to think with clarity and rather, you just want somebody to care for you, and that creates dependency, neediness, and entitlements that you deserve rather than you need to work for, and that concerns me in terms of people's mental wellness and well being, in terms of depression and anxiety, and self-worth. neil: i didn't understand a word yosaid, but you said it brilliantly. >> what! neil: kidding. it could boom rang in the favor of the president. if you need the government like a lot of people do now, you're going to like the guy who keeps the government around to do just that. that could help you. >> right. neil: you need help with psychology stuff, call me any
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time, doctor. >> okay. shall i give you my number? neil: absolutely. it's a family show. i just wanted to help. it's interesting stuff. very good having you. >> thank you. neil: meantime, i think we're becoming more like sweden. the land of abba, i love them. i love the fish, who doesn't. you know, i kind of like some of these hot swedish models, but, but, but, enough about me and my interests. this is what i don't like about sweden. entitlements. why what the health care law is doing now should have you saying "mam mia" about what happens here next so much. ♪ you know what i love about this country?
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neil: well, the health care thing is like the gift that keeping giving. it's like an onion that you keep peelg and crying. latest news makes you tear up all the more. these costs go up and up. south carolina now reporting $70 million in unexpected health care costs curtesy of the new law. scorings of other states warn of higher college costs curtesy of the new law. here's why. the more states have to shell out for medicare and medicaid, part of the new rules and regulations associated with the law, the less they have for state schools so those tuitions go up, and into the wore, and you throw up. why is former lieutenant governor not surprised? why, with credit to this young lady. she saw this and told us about all of this as this was all transpiring when we talked to her live at the big weekend vote in washington a couple years ago, and every step of the way, she was saying this. it was like a health care
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nostradomus, just less sinister looking. >> you don't have to be a genius. there's no tooth fairy. that's the story today. neil: this is about savings; right? >> no, the new law requires you to pay up front in your premium for things the president says are free. he crosses the country saying this law guarantees free preventive care like free mammograms. well, they are not free. the law forces you to pay up front for them. then if you decide to get one, you don't have a co-pay or deductible, but, neil -- neil: when you have the tests do you get a check afterwards? >> no, you don't get a check, but you don't pay anything at that point. forced to pay up front feels almost as bad as getting a colon os pillows. neil: up the rear. so, now i'm looking at this and thinking what other surprises are coming our way? every time you come back and there's a new round of surprises, you predicted, you say, oh, this is just the
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opening attraction here. what more is coming? >> one of the worst surprises is you're going to see a steady increase in -- neil: that i hear, but don't believe. >> the law forces all hospitals to spend only what the lowest cost hospital spends for the elderly. any hospital that spends more on elderly patients than the minimum is whacked with penalties; right? some seniors will not survive illnesses they could have survived in a hospital that gave them more care. we have data from the -- neil: you're supposing that. >> no, we have data -- neil: it hasn't happened. >> it has. we have data from the state of california, all the hospitals in the big state, and the data shows seniors treated at the lowest spending hospitallings did not survive their congestive
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heart failure, hip fractures, sue moan ya, whereas others treated at higher spending hospitals with the same problems survived, recovered, went home, and resumed the active lives. we can see from the data what's going to happen to seniors all over the country. neil: was supposed to be worth it. 30 million who were uninsured can walk in and get medical. >> worth it? cutting lives short? neil: you had doubts about whether the 30 million will be insured any way. >> of course. the other problem is this. doctors are paid less to treat a senior on medicare than those with medicaid. the program for the poor. you know how hard it is to get a doctor to take medicaid. doctors will be paid only a third of what doctors are paid to treat parties with insurance. most doctors don't take medicare anymore. those who do, they won't take the time. they won't spend time on hip
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replacements, and they can't say to you, you need the care, pay me extra. that's against the law. you are trapped. you are trapped. neil: bottom line, we are kicked in the rear. >> right. neil: you have been scary right on this. good seeing you. i'll see you at the convention. >> thank you. neil: the convention is on. republicans set for one grand old party. who do you think is crashing it? i'll give you a little hint. he's not a
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neil: all right. things are moving fast and furious and another only in the gulf for we have a storm building up some steam, but at least not building up some steam in tampa or so republicans so. following all of this and the last day for the republican team to make its pitch before their big pow when florida. that is why we are live. 10:00 a.m. eastern time. it being simulcast on this by network and fox news tomorrow. then the big republican convention. each night, every night from 8:00 p.m. eastern time right through a 11:00 or later if need be, doing the same with live coverage next saturday between the conventions, then the following week, charlotte, north carolina. we are all learning or pay here because we just found out something. the other anchors your page. that was a shock. that was totally shocked. so, i'm makin

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