>> time for some drama, obama. welcome, everybody, i am neil cavuto. is it me or the faith of our brute killing of our ambassador, are we being too diplomatic, too much for these murderers? forget about a fictitious film, does it remotely warrant this response? u.s. ambassador dead. three other americans senselessly slaughtered. throughout the middle east, burning flags are visiting the usa. and here's the killer, literally, we have been

supporting these killings. working over at least a billion dollars to help liberate libyans from a dictator and promising billions more to egyptians. after we remembered 9/11, what the hell is going on 9-12? mobs that still condemn us, no o government protecting us and the american personnel who represent us. wanting to be butchered, quite another to pay for the privilege. they never will you did you cannot buy their love, but don't want to be putting a deposit on their hatred. get out. find somebody else to give you tens of billions of dollars to advance something we thought was a society. if the chinese help you or the russians help you, what culture you get from them because you ain't getting it from us.

we are out of money, out of patience and right about now all thinking we have been out of our minds trying to help you. nothing in it for us supposedly about helping you. all it takes is a ridiculous video to get you killed, i' i am not interested in finding out. we should all be checking out from you. know who warned of this nonsense? ron paul. not only throwing good money after bad, but it is not our job to buy good or what we think are good relations. the former presidential candidate, congressman, good to have you. here we face what will be ironically tomorrow talk of $40 million more in aid to lib

libya. what do you think about that? >> wasteful, reprint it and we cannot buy friendship, we buy more enemies. two types of foreign-policy offer. we give them money, if we don't come if they don't do it we bomb them. they kill us with our money, your open statement was fantastic. you hit the nail on the head on the ridiculousness of the form policy. i did not invent it, advisors advised us of that, we should give it serious consideration. neil: i have a senator here who says be careful what you wish for. we embolden radical elements and by not giving money, we hurt

them. >> i think we have to be judicious in how we use taxpayer dollars, but i can guarantee you if we take action that makes enemies out of that part of the world, we will pay a very heavy price over time. >> we are in drone warfare. we overthrow government when we have wanted to dispose of them after propping him up, and people just get angry. we are stirring up to scurrying up. we did that prior to going into iraq, afghanistan, going on and on. the approach has to be different.

we should not be making enemies, i don't think he understands how you make enemies. wthis should not be surprised if other countries object to what we do to them. neil: it is such a loving audience of american worshipers, but leaving that aside it hasn't happened, the other side we are broke, generally or otherwise why do we keep doing it? to what end? >> it dumbfounded me because it does not meet the criteria a little bit of common sense. we had the privilege of issuing the reserve currency, we still

have the strongest military power and still have a lot of economic wealth. it has been a moral hazard, all of a sudden we wake up and find out people can retaliate. still fighting world war ii, korean war, it is the people rising up against it and rebelled against the very government we prop up. if we send in the cia early enough we cannot take over the new government because we have aligned ourselves with al qaeda, egypt, looks like syria as well,

so foolish, i don't understand how people can't wake up and say enough is enough. neil: you cannot befriend nuts. you were decades ahead of this, congressman. ron paul, former presidential candidate. not wanting to take a look at these images again from the technology. not to depress you or anger you, but this is a place where the u.s. ambassador was murdered, three other americans were killed. you call these guys friends? you call the club they belonged to friendly? like to be beholden to these guys? my next guest doesn't. the sooner we get out of these stranglehold, the better. they are scary folks to be dependent on.

>> they sure are, and we have been dependent on them for far too long. talking giving direct aid to them, spending hundreds of billions of dollars per year overseas to import oil and other energy resources when we have it here at home. neil: you don't have to tell you don't have to, but completely energy independent. an unrealistic goal, what do you say? >> i think we can head in that direction we certainly can become more energy independent. abundant resources in this country, in contrast to reduce our imports and if you look at what is available in the gulf of mexico, look at what is available in the mid-atlantic

states in virginia and other states bottled up for decades, look at offshore alaska and shell oil companies and others drilling for six years, $4 billion, more than $4 billion already invested and have not yet been able to drill, the keystone pipeline, we know that issue very well. get folks back to work for economic development and most importantly to move toward energy independence and not spend billions and hundreds of billions of dollars overseas. neil: when we buy oil from them, that is what we are doing. libya is an injured player in opec, but the fact of the matter

is opec collectively those who dominate opec, they are not big fans of ours and they like having us over a barrel. this statement we can make is to go back and say you don't have one. not getting money but after incidents like this, we are not going to be getting anything from you. we are not interested in any part of it. that sends an even more powerful message. >> it is really two messages. you don't have to be relying upon the nations that don't have our interests at heart, and we can reinvest in this country and build economic growth, create jobs, oil and natural gas create a lot more jobs than the energy sector, talk about this on your show a number of times. neil: look at these scenes. do we want to be dependent on these guys? in the end do you want to be

beholden to those guys? i think not. neil: looking at solar, wind, whatever you want. how taxpayers could be the butt of this one. the better believe they're going to be excited for the iphone 5 because it could be one thing that keeps the whole economy alive. mark zuckerberg may have caught barack obama a lesson in

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neil: i screwed up. straight talk from the boyhood ditched the hoodie for the t-shirt, that was facebook chief mark zuckerberg yesterday. the stock up 8%, and it has a lot of folks wondering if this guy can learn from that guy. a guy young enough to be his son. step up to the plate and admit his own mistake and maybe profit from them.

i'm not holding my breath on that one. i was shocked to see it even out of mark himself, but a great acknowledgment to say a lot of pressure on me, we got ahead of ourselves, but it is the storyline that at worst i screwed up and mostly the evil republicans. what do you think of this? speak of the president mentioned he had made some mistakes but has been very reticent to say exactly what those things are or what different approach to it take in the future. 28 years old, shows some humility and flexibility to say we tried certain things, though things haven't worked, we will try different things and i would like to hear the same thing from the president. neil: just technology the mistake alone. other factors, less than half of what it was when it was offered, but i do think people feel encouraged when the leaders

admit to a mistake. when john kennedy took responsibility. ultimately says i am the boss, i am the guy. we reward people who had made a mistake. at least say i screwed up. >> exactly. we see the bump in the facebook stock. people would put more faith in the president if he could do the same thing. moody's will downgrade the credit rating of congress and the president failed to do anything about our $16 trillion in national debt, it has increased by more than 50% and that weighs in on the minds of millions of americans not just out of work but putting away savings for retirement trying to buy a home.

our economy is in dire straits. neil: you mentioned a very good point to accept leaders because we all make mistakes, and when a leader says this approach was wrong, keep repeating the mistakes it gets old, but i do think people very forgiving in this country, would just say okay, we like that. speak americans want to see congress and the president get something done. the senate passed a budget and would like to see the president acknowledged our labor force participation rate is as low as it has been in 30 years facing significant troubles as a country and to go on saying it is not so bad or it could have been worse means four more years, that is the wrong path for president and it is time to

acknowledge his policies simply aren't working and has not had the right priorities. he had control of congress, the party had control of congress and they chose different priorities and did not choose to address the lack of stimulation in terms of the private sector and job creation. neil: thank you very much, good seeing you. thanks to apple, christmas is coming early, really early. santos should be overcome and no. copd makes it hard to breathe,

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neil: americans are making less, the median household income dropped 1.5% from a year earlier. from health care costs rising rapidly, waste is running rampant. new study showing $0.30 out of every dollar spent on health care is wasted, nobody knows where that could go. i could tell you where it goes, in my doctor's office. the iphone 5 is finally here, ready to bring in some christmas cheer. some say today's apple announcement kickstarting the holiday shopping season which cannot come soon enough for me. if pats numbers are any indicators, massive sales could actually boost the economy. >> phone gadget, revolutionizing

the way that we conduct our lives. all of these ap apps developers, you have to call it much more than just a phone. apple was the first one to come out with all the copycats. so get this, 2007 the first iphone was announced apple shares $120, not a closed around $663. to call apple and asset class in and of itself is an understatement and a lot of economists out this week. jpmorgan, kind of a significant impact the overall economic output saying $3.2 billion in economic output. it is an overstatement. neil: look at what it says about our economy if we are hinging so

much on a phone, a phone that has siri you are talking to. as if were not pushy enough, now she will do sports and what else, movies? >> movies. many would say this is a one trick pony. the phone and the apple revolution. so you're looking at this, why were apple stocks so volatile today? wandering off-topic, but for a good chunk of a put down, the theory seems to be it was running up in anticipation of this. what do you see happening? >> 663, wherever we are, 669. ran up quite a bit, a lot of analysts still call apple a cheap stock. do something to reward shareholders although the stock price in and of itself will

reward shareholders. the other technology giants, still a lot of room to run. what is causing the generation? a lot of concern and wonder about what is next, tim cook did a wonderful job running the company was somehow stole steve jobs genius miss. neil: they all handle it like phil donahue. we're going to do this. apple shareholder, wonderful when the stock goes up, i look t this and i say boy, too perfect, built for perfection. i usually get a nosebleed feeling. >> samsung, losing my track of thought here because amazon

kindle just released the new fire tablet. they tried to do the same thing with everything built up from microsoft, a surprise guest to generatiobuild anticipation buty does it like apple. neil: every inclination cells all of the prior combined. >> the iphone 4s was kind of a disappointed which is why samsung is actually leading smart phone sales right now because apple fans have been holding back.

neil: apple benefits from that. >> people are just waiting and waiting for the iphone 5, faster, lighter, there is all of that. i have not seen it, supposedly all the gadgets. it looks totally different, whole new connector cable. if you have an old iphone, people will look down upon you. neil: my wandering musings. forget the president giving himself an income bleed, more when we come back.

neil: halftime, what have republicans giving up? they lost it, they lost the mojo, going along with a plan once again a temporary spending resolution that effectively puts any tough budget situations into next year. the speaker's behavior unspeakable. these conservatives have now surrendered their own resolve. most expected to vote yes on a spending deal that will likely raise spending by 8 billion when all is said and done. the ones i really believe would address the problem making for the exits and clearly spent.

this is continuing no resolution. they can blame the president, they can blame the senate but they can in reality only blame themselves for the $4 billion continually added to the debt every day. they acquiesced freespending spiral that jeopardizes our government. it is getting deeper. what makes the freshman class so repugnant is not that they lost their fight, they did not even bother to put up a fight. no wonder. i am looking at this and saying backbone, where did it go? >> i think you're absolutely right. truly unfortunate what happened but a lot of them have been utterly convinced by the leadership that we have to be quiet and calm down and wait for

the election to be over and then we can address it. most of us did not sacrifice the last few years of our lives to let people sit back and hope the next election goes our way. the time to build it is now, have to once again slated that kraken, we have survived to shut down if necessary, we have to do what is right for the american people. neil: the most obvious is they are worried about a government shutdown. they misinterpret booties and all these threatening to downgrade in the event what threatens a downgrade isn't so much bringing the nation to the brink, it is ringing the nation of progress getting the debt under control so to pacify a temporary beast, you do something that is long-term

beastly, and they don't even see through that. they have them fearing their own shadow, coming in with their galvanizing ideas that prompted one government shift after another. they came in eating in academia nuts. >> you're absolutely right, there are two things republicans elected in 2010, repealing obamacare and cutting government spending. they gave up all leverage with the failure of the super committee that was formed. will we kick the can down the road? i really hope not because one thing is for sure, i don't think 5% of undecided voters are woied about that.

it is supposed to be the economy, stupid. republicans are running on the economy but we can't talk about fixing the economy? it doesn't make sense. neil: they should come out like those at an double-a meeting and say i admit, i am an alcoholic, i made mistakes, learn from my mistakes and here's how i will avoid those mistakes and address them to zero in on them, at least they wouldn't have to worry about this so-called threat of a government shutdown. >> what they should be worried about more importantly is getting out to vote some of romney can be elected. the reason why republicans took back the house in 2010, telling people to be quiet on this number one issue is not going to help them be energized to help

mitt romney to begin with. an issue we have to deal with by all means necessary, everything has to be put out on the table because we cannot afford to do this again. neil: when you get to washington you go there with great passion and zeal and then knock it out of you. you start acting just like a company guy or woman. and you lost everything and you become a robot. >> is fear, and hav have them sd they will cost crummy the election and they have to get around that. neil: thank you. wake up and look at it. fox business alert, talk about wasting cash, trying to get away and actually throwing money away.

it certainly does not solve the problem, now behind bars. lawmakers have been spending will solve all of our problems are driving us straight off a cliff. line them up. washington dragging its asked. telling them to put it out. whaone that could leave taxpayes burnt out. give up.

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student loan debt owing up over a trillion dollars right now. fuming over misplaced focus here. speak i think what a terrible about this is the government once again forcing people into doing something, over 700 universities that have already passed this. the course in part the government says you must do this that bothers me. they can do that about cigarettes, why can't they do that with close or something else? it is crazy. neil: even if this were a worthy goal to get people to stop smoking, but you have other fires to address, tuition going up at double-digit rates, a system that cannot sustain itself, the book getting rate increases. address this exploding fire

intuition, but commute reminds me of the health care thing. not saying it was not a worthy goal, but say that you have a more immediate fire than getting people jobs. if you got those people the jobs. health care availability would be a lot less of an issue, but they always get it backwards. >> once again talking about the details, there is a case where if you don't comply you can be fined. the government once again is coercing you to do something that is taking away freedom and individual freedom. why should the government tell me for example if i'm on a campus and university agreeing to this, a good healthy thing not to smoke on campus, walk across the street and light up and start smoking. what are they going to do? it is outrageous.

neil: it is an issue of priorities. like what is going on with health care, what isn't being addressed with the runaway tuition. we get sidetracked by issues. maybe they take our minds off the other issues to focus on something else, maybe that was a goal all along. speak i think if you have a government into everything and these bureaucrats have to have something to do, they make up regulations about this or that. if you go through and look and see the number of executive orders that have been issued by the president to get around what the congress wants to do what yotoget around what the courts , they don't curb any of this so it goes on and on and on. those people need something to

do so it has these outstanding regulations they don't pay attention to the issues of the primary function of what they should be doing. neil: wayne rogers in lala land. >> thank you, neil. >> since you mentioned north america, it was not originated in north america. neil: what he is saying now you're not going to love. speak: message to you today is this, europe needs a new direction. hi, i'm phil mickelson. i've been fortunate to win on golf's biggest stages. but when joint pain and stiffness from psoriatic arthritis hit, even the smallest things became difficult. i finally understood what serious joint pain is like.

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>> you'r they can no longer stee course of events. neil: he is so nervous, today he is british. so the eu leaders said they cannot fix it on their own, so calling for a federal europe to handle things. money manager says we're all heading down a dangerous path. it is a different age remarketed celebrates intervention and heralded prospect of european central banks coming to the rescue. we used to recoil at that. >> it was business, and government was basically there to defend us if they'd need to

be defended. this is crazy. neil: when you have this portuguese guy, the bottom line, but he is saying i trust him after europe to save us and not individual countries, what is he seeing? >> i will tell you how it will work. if you wan he wants to say let't people from every country and make sure they only speak the native language and put them all together and let them talk to one another, nobody will understand anybody and they cannot do any harm, that kind of government i am all for it. if they will do something, does

not make sense. individual governments, what is the spanish, the greek government, what is this guy talking about? so who needs anyone else. >> if the government wants to play a role, incentivize them.

neil: he said it in french. >> the point is who is going to incentivize growth? neil: is anybody doing that? >> no. this is how we are got out of the last mess. neil: you cannot cut your way out, you have to boom your way out. any prospect? >> not if we are intent on raising taxes were intent on raising corporate taxes, what kind of motivation is that? lower taxes on small businesses, incentivize these big companies. neil, sort of got religious, have grown children, no longer for me. i have responsibilities and it has to be to this country going nowhere.

i had to listen, you eventually got to me. you are to articulate in your argument. neil: i'm wondering what the message for the market is. take way the government help, they fall down. >> you know how you sa to the evidence? something called gold. nobody has any trust. i just did a quick chart today, i was stunned since the beginning of this century all the trouble in europe and everywhere else, our dollar has underperformed the euro on average. what does that say about these currencies and faith in what our government is doing? it says no faith. neil: always good seeing you, my friend.

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neil: i don't want to offend anybody but but have you say i am this. beyond that out of the world best. you could not mask anger are

funded diplomatic way to say you are furious. you are or you are not. i just did. i disagree sometimes the best of diplomacy is getting in someone's face. in the face of libya what the hell you doing? you cannot control your mob? or are you with them? did you plan the attack with the mob? americans are dead. no one is in custody. what the hell you doing? maybe not talk from the brain of from the gut that is pissed. and willing to say words like regret to. outrage. things that don't matter. this matters. the ninth of this crap. taking nothing from the president to remain calm. how can you say you are shocked when you don't look

shocked? you say you are furious but look unfazed. say our do something shocking. a u.s. ambassador has been killed. people representative whine ronald reagan calling the soviet union the evil empire but he was right. he would not accept niceties the world knew was wrong. he was trying to make sense. not friends. evil is evil. winston churchill reminded the world of the motivation of a mad man. the world thought he was crazy. history proves those acts, they were crazy. crazier. and all of the fdi