tv Cashin In FOX Business March 31, 2013 9:30am-10:00am EDT
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>> be aware insurance compans have a lot of dangers ahead. that's it for forbe on fox. have a wonderful holiday weekend. keep it right here. the number one business block continues with eric boling and cashin in. >> i.r.s. going where no government agency went before. spending this taxpayer money on a training video. more proof of bringing government down to earth . winning taking care of everything. nico's adof tiger wood a smart narcoticing move or morally wrong. >> and how much healthcare i costing americanings . now it covers those who are not americans. cashin in starts right now. i am eric bowl welme to cashin in.
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wayne rogerings, johnathon and traces burns and also monica crawley and christian dorsey. welcome everybody . as you sit home and write out your tax check to uncle sam. look at what the i.r.s. is spending your money on >> there is money laundery and man cures and hair cuts in the street. >> remember wt is important. enhancing the taxpayer insurance - experience. >> me, i became a public servant. oh, boy, the tax agency claims training tamp i tapes were made a few years ago and help tod save money. lawmakers are not buying it and demanding answers. johnathon, you say you have the answers already? >> eric if we want to live long and prosper we have to slash and burn. my god, this is outrageous.
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listen they take and take and take and spend their entire budget if they don't spend it they will not get the money the next year. ment fact that the u.s. government is the largest employer in the world is pathetic. the i.r.s.'s budget is 12 billion. it is for them to take 40 percent of your earnings. we need policemen and not parasites. >> and what is patheticings. i didn't recognize you were wearing spock earings. >> these are my normam ears. there are so many places that waste, fraud and abuse happen in dc, this is another gross example, no? >> well, eric it is ludicrous. they are badly made and acting is bad and production is awful
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. a laugh track. they put a laugh track in that bit it is outrageous and ridiculous . when you say okay, and why use those particular things. gilligan's island by the way. i want you to know that i was out fishing this morning i found this in a bottle like on gilligan's island. i found the answer right here. it said about the i.r.s.. all of you are fired. >> hey, wayne. you didn' empty that bottle yourself before the show. >> i didn't have to. >> 16 billion and now video of gilligan's island and we'll roll a tape of a zoom bees video. >> i never have seen an episode of star trek and now i feel i have. thank them for that.
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if our fiscal situation not so desperate and outrageous it would be laughable. but wayne is -- the i.r.s. wouldn't make them today. they are made in 2010 when he had 20 plus deficits at the time the government has no profit motive. there is no motive to run it efficiently. there is it a sick irony happening by the tax collection agency. it is so outrageous . these are president things that grab the public . gilligans and star trek. you get the public's attention educate them about the waste and fraud and abuse. >> mr. christian dorsey sitting in dc. the videos are funnyut not so funny. >> they are horrible videos . these videos cost all of $60,000 .
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by producing the video, thires didn't spend a million and half in ting costs and so use thag math, that sounds like a smart and prudent move. 60,000 spent and a million and half saved. they are horrible videos by production value. >> but i have to ask you, where did you come up with a million and half dollars. >> that's what the i.r.s. said they spent. >> oh, that's what i should have taken their word. >> and if that is it the case, why would they say in today's day and age we would never make it. we are denying the back track. >> they are horrible videos. they are expense itch either way and it is money that shouldn't be spent. we are nickel and diming and it is the principle of getting away with this and show people with stupid ears and ginger in a bathing suit and they think it is okay.
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>> we are not nickel and diming. there is it training video of this and trips to the west coast. i am going to do it again. zombie apocalypse weekend . sent them to a place to go role play on what happened if zombies attack. >> eric add tup. it adds toup a bit of money. every american tightened their belt over the last few years and government has no incentive becaus they only survived by force. the i.r.s. is the worst of the bunch. cut a little bilt of the government and if is it not a nuclear apocalypse. the economy would thrive if we cut govnment. the videos are terrible and the i.r.s. are terrible. cut it from government down. >> wayne, did they offer you a role in the video? >> no, thank god they didn't.
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if i was desperate i would have taken one. it is ito outrageous and so badly done. a moron cou have produced and directed it because it was awful. >> you come back to the incentive and all thav. there is it crying about the sequester for example when the president said after the speech, oh, my goodness, the people who sweep thes in the white house and will have to cut those jobs and in the meantime playing golf with tiger woods. it is it the hipock chrisy -- hypoisy of everyone in the government. and 60,000 my friend means a lot to a guy. >> and as a former tax preparer. i defend the i.r.s.. they don't makehe rules they enforce them it is the bone
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heads in congress who make the rules. oh, by the way, i.r.s., go and enforce it they are stuck with stupid ways. >> that is way more than four seconds. >> they are taking your money. >> and look at the tweet that william shatner >> i watched the i.r.s. radio and appalled at the utter waste of taxpayer. >> captain kirk is slamming it. you know you are in bad shape. >> no one in the i.r.s.. tracey, no one in the i.r.s. when they run the script and do the video, no one had the presence of mind to say it might look bad and costing the taxpayer money . we are relying on these people to exercise good judgment. >> we have to go and i want to get christian one last shot to defend them. >> it is it putting thing negligence perspective. $60,000 is what we are talking
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about. and yet $450 billi cost the united states ecomy. >> they can open the white house tours. but that is a lot of the kids from iowa that will like to see that. >> and winning solves everything and nike getting clubbed. are they choosing money over moral. >> and illegals makes a commercial and demanding free healthcare. we'll debate it and you will decide it next. dry mouth may start off as an irrita.
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nike creating controversy with the tiger woods ad. critics are blastin nike for putting money ahead of moralings. winning may fix the things on the golf course but not the broken reputation. i am not condoning aadultery here. he is a professional athlete . that quote that they are use nothing the campaign spoken b tiger woodin a different colonel text. it is not in the context of the scandal that tarnished his
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reputation. advertising is provocative images and getting people talk a buzz goi to sell a product. it is about capitalism. more power to nike. here we are talking about the campaign on fox newings. >> they were smart to get rid of just do it right. he did it 100 times and got himself in trouble in the first place . as lodge as you are a athlete. screw up and it will be okay. prostitution and drug dealing, no account act -- accountability . that says a lot of things about society. there is no accountability. >> christian can you stand up for us athletes and let people realize it is about a ball on the green course and not the ladies he had fun with? >> ifou have an objection to tiger wood's behavio as i do. one thing you can do is not
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talk about tiger wood and talk about nike. the corporation is the evil genius and so-call would controversy is driving people to think about the company and tiger woods than they would otherwise. it is completely not relevant to moral standards and they are happy about the way he wins and simply the way business is done. >> waren, nikeis a business and not a religion. they are in the business of making money for shareholders, is it not? and does it help them? >> i don't know whether it helps them or not. if i were running nike's advertising room i am not sure i would have chose that coat. ray lewis indicted once for murder. all of the athletes who got great sponsorship, that has to do with the business and
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nike's decision. i remember when i was a kid shooting pool in a pool hall . that is when the great scorer comes to market against your name. it is not how you won or lost but how y play the game. >> johnathon, i go lye to sunday and light candles and i realize the difference between the markets and faith. should nikerethink the ad? >> no nikestocks is at an all-time high. tracey your position mystifies me here. it is not as if tiger committed child abuse or bill clinton or peete. he had marital difficulties that were resolved and monicapoint. their purpose is to make money for shareholders. >> he had marital issues?
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prostitution is illegal johnathon at least where i come from and what the hell are we saying to our kids? it is okay, it is okay. >> we have to leave it there. call it a healthcare free for al and many of us don't have healthcare. our country has spoken. saying that everyone should have affordable healthcare. >> and now even those who are not here legally want you to pay for their healthcare, wow. [ engine revving ]
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>> illegalsment you to pony up. >> check out this commercial. >> i am undocumented. >> it is treated as one people. >> we are one people. >> we work hard. everyone gets sick sometimes. many of us don't have healthcare. our country spoke and saying that everyone should have affordable healthcare. >> does that mean everyone, everyone. >> folks who are not supposed to be here to pay for the healthcare.
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>> that is entitlement menitality on steroids. >> medicare and medicaid, they are going broke and bankruptingment country . that is before obama care kicks in. i am sorry, i don't mean it in a heartless way. the system before obama care and anyone who walks in an emergency room . we don't leave them to die on the street . now they want cerage and we can't afford it. >> wayne, you say we give away so much stuff and we come back as an illegal this time. >> just think about this. the government is requiring everyone to be insured and doesn't require everyone to be a citizen and yet all who are citizens will pay for all that are not. give me a break. there is something massively illogic in that. >> you disagree with wayne and
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monica. >> i have been on this program because you assaulted the affordable care acts. the immigrants are saying we want in on that. we want to buy in to the healthcare system. we want to pay into the affordable care act. it is not getting a free ride but paying for health insurance so they don't cost the system more in ergency room visits. >> so hold on, so johnathon christian said we want all of the 12 million illegals on the healthcare stem. by the way, on the bab -- numbers it would cost 80 billion. >> aren't all men created equal? then every man has a right to healthcare. this is not about immigration but about obama care that established hlthcare is a right. who has a right to free
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healthcare. no one . the notion that a healthcare is it a right. it is not a freebie for someone else. >>he system is backwards. look eric, face it the guys are working and a lot of americans don't want to have the jobs . they are adding to society. no, i think everyone should take the test and learn the language and do what you are supposed to do and at the same time christian is on to something. we are helping society if we keep them healthy. >> thank you to monica and christian for joining us this week. coming up. stocks on wall street. is there a serious threat looming to run the stocks and economy right back down. my mother made the best toffee in the world.
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it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your se. how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed: the official retirement age.
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>> time for what i need to know for next week. >> markets are on the record highs. what could derail it watch the north korea nutter. he's talking about tarketing la and washington. >> 28 year old kim jong-un. >> crazy hair. >> when you are up. >> i am not crazy about the market and i think biotech is a great long-term play. youn are little risk and i
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like ilb. esf. how about you johnathon what is this week? >> it is great too see stocks rising a. and a lot of the greek shipping stockings are doing well . put it on your list as well and strong stock even with bad headlines and it would do well. >> show this week . there is it a fantastic week. thank you, everybody. that's it for the cost of the freedom block. >> this week we learned that the clowns in dc spent a million buckos puppets. we changed the focus of cashin in and committed to shining a bright light. call us your washington watch dog . keeping your eye on the aack dollar. until we get
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