tv Cavuto FOX Business June 5, 2013 8:00pm-9:01pm EDT
8:00 pm
we help you shine every day of the week. what if i told you what it has to do with more or less being kicked off? we have lost our faith in government. now, the last guy that we thought would have arbat might be leaving us in the lurch the era of liking the government is over. not quite, but the latest wall street journal poll has me wondering. and the president to congress, most folks seem to be having enough of this growing in to show anger. including the media, which takes a beating in the survey as well. clearly this is a caveat and the
8:01 pm
irs is targeting innocent people. this is about basic service, my friends. what you say, say what you do. and then there is the military. although down from prior highs, people respect soldiers more than politicians because soldiers look out for us. there is no nuance there. you would think that all in washington would get a clue there. before you trust the government to have more control of our daily lives, before you were more of our green into green technology, you better wake up and start going down. because this is not about getting to work.
8:02 pm
americans have now come to the conclusion that unless you do, you are at best a figment of work. steve moore has said that they have broken their words and our bank as well. steve, if you think about it, that is the essence of this problem. government has gotten so big and so cool clueless and inept. >> by the way, as you said, it is not just the government. it is big labor. >> yes, it is. >> it is not youupersonally. here's the point that i would make about these negative reactions government right now. i have been in this business a long time. about 25 or 30 years. when i have noticed is that the public approval ratings from government in washington is inversely related to how big it is. so anytime you see a big bulge in government spending, like we have seen in the last or four
8:03 pm
years. it is not uncommon for people to become disillusioned with the promise of big government and those posed to fall drastically. that is a fact that we are doing here. we'll trying to do too much and people don't see it working. therefore it is falling down. >> at first it was a little sad for me to think about my fellow americans to think so pessimistically about our system of government. i think it is the best that mankind has ever come up with. i think some people are responding to the survey questionnaire not in the constitutional design. there are regulations every year telling us how much so we can@ eat enough to, well eyeballs to buy, that creates a lot of pessimism among the people. neil: is adjust the size of government? or is it just to clear
8:04 pm
calamities that have been treated by this? >> is both the size and the scope of what government does. a lot of people would like government to be more effective. it is also the corruption which extends to both political parties. today congress has 6% approval. you have a political class made up of democrats and republicans who play their game. both of whom 80% of the american people believe come along with the unions and big corporations and banks and others. those were rigging the system for themselves to the detriment of the country. wouldn't you have three corners of the american people who consistently believed that when i asked whether the government operates with the consent of the american people, three quarters say no, that is what i keep saying it's a prerevolutionary moment.
8:05 pm
neil: i'm looking at the selloff today, state. i wanted to tell you that one of the reasons for it as we look at this, and what is going on, was this fear that i'm among the good news that we have got is going to take the punch bowl away. that is weird in a sense. because the last bastion of trust that we have, whether you agree or disagree with what the fed has been doing, trying to forcibly keep interest rates low, he is the only one getting things done. if he pulls away, then we have no one.
8:06 pm
>> that is ben bernanke. we have so much, we have put so much trust in the sky. we have put the entire economy on his shoulders. you're right, every time he sneezes, people say, oh, my gosh, the economy is going to crash. i remain somewhat bullish about this economy. if you like over the last two years so the direction at least a government in washington is coming down from an all-time high. neil: you think it is? earlier we talked about her history with big government. that in the beginning we seem to like what it can promise for it then we see what it delivers and we almost recoil at it. >> when we look at the distrust and pessimism, it is something
8:07 pm
to blame it on the recent scandals. the irs, doj, ben gaudi or if read the trend has been down for about 40 years. people have lost my faith in government. >> we elected a guy who promised more and said he would deliver more that. >> he said the question isn't if the government is too big or too small, but whether it works. pretending to be a post-partisan kind of guy. but the era of big government is never over. it will always be a struggle. he says freedom is always one generation away from extinction. we are going to have this fight forever. >> i'm wondering if this has to do with the perception of government and the good it can do. >> you know, the fact is the public is so far ahead.
8:08 pm
it shows the public knowledge of benghazi, the irs, and the abuse of the first amendment. we have made some very important points that this poll shows. but this is a four-year decline after watergate. 55% of people have more confidence in our system of government. that number is severely down in this poll. it is almost single digits. this government -- is because they are not being challenged. when i hear steve and ben bernanke and you, he is right, his analogy right. he has been pumping up the market to protect the banks and to protect wall street money. neil: no doubt about that. but all i am saying is that that is the last quest for hope.
8:09 pm
>> i don't think either of us are arguing that point. we are saying that we take him away from the last government i stand in for whatever selfish reason. >> i don't know if. neil: i am a lover, not a hater. >> i know that. i am just a realist. neil: you worked with jimmy carter. how do you think you're a realist. [laughter] welcome lets just say that you never want to be late getting back to the irs. fines and penalties and habits. anyway, is the hour is late and a few? no fines or penalties or death threats. no way. they promoted the administrative talking points. but susan rice just got promoted. isn't washington grand
8:12 pm
>> i'm sorry, i won't be able to answer that particularly two i don't know, it would've been either. >> i don't know the details of your constituents. >> i don't remember the date. >> i don't know how significant is. >> actually, i do not know that. >> i do not recall that. i do not recall. >> i certainly don't remember ever hearing about it before. >> i don't know whether we have the time or not two irs short on answers and now they are coming up short on info. demanding documents to settle these details once and for all. good luck. the irs missing the deadline. only now coughing up with the panel is requesting. is it the fact that so many
8:13 pm
democrats are getting take out. >> how can they not at this point? there is a long list of things, about 40 are questions that they want to know the answers to. it basically related back to how did this come about. who ordered it if they knew who that person was. and how did it all come about. they wanted to get an assessment of how prevalent the problem is. so far they haven't gotten any information back. i talked to the panel yesterday. the democrats were not happy. they said this is important information. it is a relevant request and they have not answered yet. was supposed to be turned in by the end of may. it is due now and have nothing
8:14 pm
remap okay, where's this going? obviously i find it odd that the irs is using privacy laws to show them from this information. so many of these groups are now individual donors. obviously, this is to be heading towards a legal crisis. >> if they don't turn over the information now, there could be a great period thing who is the new acting irs commissioner. he has won over the republicans with his first appearance this week. he extended the olive branch. so it is music to their ears. he also promised to find out old accountable the people responsible for the targeting. so it sounds to me like they are willing to wait a little bit longer and see if the new commissioner is willing to turn over this information. kind of on this rolling basis.
8:15 pm
because of the anger, they have art he earned this from the members of congress. neil: it would seem to me that you have at least 80 agents involved in the and what was supposed to be a couple of agents out of the cincinnati area. you have this going for the conservative groups to individual donors. i don't know whether a few loose cannons can be firing to shop there.
8:16 pm
>> i think that this is going to be things coming into place, connecting the dots, and there will be some really big dots bear to look at. neil: how big do you think it is? i don't want to corner you, but how do you think it is? >> i know the irs commissioner was visiting the white house more than 150 times. including personal visits with the question, did this ever. there are people who said that it's really hard to believe that this did not come up at least in passing. given the fact that the president and others talk about tea party groups it does kind of
8:17 pm
raise the question over whether they push these groups. just a question of whether you will find the tangible evidence of that. >> we shall see. thank you, so much. do you ever wonder how mitt romney would have handled a mess like this? a mess that he was warned about? you could find out friday night on this shell. mitt romney is here and nowhere else. and a big powwow is being held with some of the most powerful players, including chris christie. we will be right back. heir capid
8:18 pm
to fly home for the big family reunion. you must be garth father? hello. mother. mother! traveling is easy with the venture card because you can fly rline ytime. two words. double miles! this guy can act. wanna play dodge rock? oh, yoguys! and with double miles you can actuay use, you never miss the fun. beard growing conte and go! ♪ win! what's in your wallet? [ agent smith ] i've found ftware that intrigues me. it appears it's an agent of good. ♪ [ agent smith ] ge software connects patients to nurses to the right machines while dramatically reducing waiting time. [ telephone ringing ] now a waiting room is just a room. [ static warbles ]
8:21 pm
>> susan rice just found out that the third time can be the time because our former embattled u.n. rapped his getting a promotion. she has been bumped up to national security adviser. stick a finger in there already irritated eye. we have rick ungar with us. what do you say? >> i think it is a full fledged slap in the face. i mean, why would you be rewarding bad behavior? unless she was, you know, rewarded for covering up benghazi and she took the head. neil: she took the head, but that doesn't mean
8:22 pm
she got the job for that. >> but she lied. >> we don't know that. >> i don't like darrell issa. neil: will we don't like you for saying that. >> i have a problem with your statement. you are presuming that the republicans are upset about the. and everything you need to know, you can see on twitter today. where mccain and others all gave their perfunctory points of view. >> they know that everyone in the obama or bad, she is the most inclined towards intervention with him than anybody in the entire place. neil: i'm glad you confirmed
8:23 pm
that. >> well, you know, look. elections have consequences. but i think it is more than that. it is about responsibility. nobody in this white house ever seems to be responsible. now they are offering that susan rice probably had incorrect talking points. but the buck stops at the top. someone in this administration needs to be held accountable. neil: i look at the administration and say whether she lied or not, she was a source of a great deal of angst in the washington community. >> i am just saying, do you want to stir the pot again enact you that was exactly what was going on. >> despite all the scandals, the government has to operate.
8:24 pm
neil: trust me,. >> you would be much better. neil: diplomatic and cordial and so forth. >> we have all of these problems. why would you want to keep stirring this up? >> it doesn't make any sense. neil: here is my theory, i think the administration is trying to tell republican that if you mess with me, i will throw this right back at you. i'm not going to let you get anything done.
8:25 pm
>> of that was true, i think they would've gone full speed ahead with the nomination of secretary of state. >> by the way, the secretary of state, she has to be confirmed. neil: that is what we are talking about. this was all cooked up a long time ago. i predicted this as well. >> i think we all knew what was coming. >> she is most qualified. neil: more anger, more stress, more standoffishness, nothing is getting done. i think that that is part of what is roiling these markets and what is going to continue raising doubts about this summer. a summer where there are a lot
8:26 pm
of hearings and a lot of government institutions are just scandalous. >> i think you're right. i think you're absolutely right. >> what about the republican agenda? >> you just described the republican agenda. >> the president is like, you know what, i'm going to do whatever i want. it's like, sorry about your luck, but too bad. i president and you are not. neil: what you think of that? >> we need to get to the bottom of this. if he wants to bury at a second term, he can. >> thank you. so you think the president can resurrect this disastrous second term so far? them and i think six months from
8:27 pm
now we are going to be talking about differences. i know you would like to have this. neil: i'm able to talk about different things. >> darrell issa won't be going on sunday morning tv shows. >> i hope that darrell issa investigates you. >> nothing i would enjoy more. >> you know, he will have gone off the deep end. neil: you know, i'm going to start tweeting about you right now. >> you can talk about this very quickly. i have two words you can talk about.
8:30 pm
8:31 pm
8:32 pm
property out there that it's very hard for any company, particularly small ones to know who owns what. before these products are built. the end result is a great a lot of fear to innovate. but if you try to go off in another direction, you may step on someone else's toes. without a lot pattens, we have a ton of pattens that would just tear you apart. so right now the whole system is kind of a mess. >> apple is an example of one program. maybe hundreds of them. neil: are you advocating -- that the answer is to go slow? to let these companies do what they want to do with the understanding that they probably are not doing something legal in a. >> in most places, in this
8:33 pm
particular instance, this all started back when apple was there. and no one could imitate them. >> that's right. it is the nature of the engagement. we are talking about personal litigations other expenses. neil: i don't know what bothers me more. companies that hire loads of lawyers to protect their patents are what they say is truth or the cost i have to pay as a result. >> for me it is the cost they pay as a result. i think it is time for us reform
8:34 pm
the patent system. neil: when kodak had that instant print camera, it was a great camera. i remember buying it. but i loved it. anddthen kodak had to take it off the market. i think that was the gist of it. a great technology in instant photography was lost. i'm wondering if we shoot the wrong messenger here. if we stifle technological growth and innovation. the map the way it has been working recently. we have these companies that have bought up large amounts of patents for pennies on the dollar. basically using these weapons to destroy money, making money off their own inventions. it went sideways really badly. it needs to be fixed. >> well, we shall see. robert, it is always a pleasure. >> thank you. >> did you hear about how ikea
8:35 pm
8:37 pm
8:38 pm
would you still buy from them? >> some of that was from a one-time gain. but the unemployment rate in europe, they have done fantastically. the meatball thing -- i don't know. what is so bad about horsemeat? i would rather spent on the horse from ikea then glue factory. >> we should stress that that is just a small part of this environment and what happens. why they serve this is beyond me. but whatever they want to do. now, what happens when a 40 see this company going? >> let's not forget that the founder is about 87 years old. but they think that he could be
8:39 pm
8:40 pm
which was just insane. >> you know, all of these creatures of habit. >> the bigger issue is -- >> yes, i do, i'm a lover not a hater. >> the new chip, you would've thought this new chip. because now you get about 30% better battery life. >> okay. neil: all right, well, the bottom line is is microsoft in trouble? >> no, they are not in trouble.
8:41 pm
they were going to put their intentions back into the market, they have been losing pretty you know, no one is excited about it. >> the new version hasn't been out until later this year. neil: when you go to ikea stores, meanwhile, the online auction retailer wants to steal more business by monitoring launching virtual stories.
8:42 pm
>> this might work in new york where people are walking around. but it will not work in denver were omaha or nebraska. there are lot places where this isn't going to work. i think it will be cool for a while. >> he has lived a long time and he knows horsemeat. >> he certainly has. with the shirt on or jacket on, in your case eating horse meat. you know, it is not a downside marketing gimmick. >> maybe i just think of a product and it will appear. how about that for the future
8:43 pm
enact i don't know. this is just another billboard thing. neil: and you both very much. in the meantime, online, in love, long time. those who meet on the internet. i want to make things more secure. [ whirring ] [ dog barks ] i want to treat mo dogs. ♪ our business needs more cases. [ male announcer ] wre do you wa to take your business?
8:44 pm
8:46 pm
8:47 pm
people are likely to be happy and have longer lasting marriages as well. a relationship expert says love has come of age. what do you make of this? >> actually the truth is there are about 54 million single americans right now, warty million of whom have tried online dating. yes, very small percentage of those people actually end up in a long-term marriage. so i do not know what statistics that you have heard those are mine. neil: really, you know, what i would ask about your expertise, ralph, i don't find these reliable. but marianne come i guess what they are saying is that those who do hook up via online dating
8:48 pm
sites or what have you -- that they tend to stay together longer or are happier longer. we think of this? >> here's what i think. i think that casting a wider net is a great idea. especially in today's age. we are in the technology age. everyone is doing it. but the problem is that what people are doing when they are online is looking at chemistry, books, all of those kinds of things that you really can't build a long-term relationship on -- neil: so you sift through the nonsense, if these people are telling the truth with each other and just saying, you know, these are the movies that i like comedies, these are the books i like, whatever, that you are doing prescreening and finding someone who you're more likely to stay with what to once you do hook up. is that right? >> well, that would be ideal if that was true. but the numbers would show. the divorce rate is increasing,
8:49 pm
less people are getting married. statistically we are not seeing it. neil: but the figure still sticks, whether online, half of marriages end in divorce enact. >> that is right. neil: and it is always the woman's fault, right? >> no, dan, you have some others to six -- i don't have the statistics. the bottom line is the thing that is the common denominator in all of relationships, whether you meet someone online or not it you. whether or not you find more people today, the long-term quality of the relationship is really a matter of have i done work on myself, do i know why i'm, do i know what i want, reading a list in five minutes through somebody is dumb ideally, that would be great, but it really just doesn't turn out that way. neil: you are a relationship
8:50 pm
expert. flip the handle on this. when you talk with a couple that does exceed and either married or have a happy life together or both, what is that it keeps them together? what has been defined? >> three things. respect, trust, and knowing who you are so you can be a witness to someone else. i know that sounds cliché. know who you are. it is not a cliché. if you don't have those three ingredients, typically what you are going to do statistically, you are going to re-create your family dynamics and that is what we do when we are unconscious. you're going to find somebody like your parents, or whatever you think love looks like. you're going to be a magnet for that. albeit ideally we go to relationships and we supposedly
8:51 pm
learned lessons, but if you are not paying attention -- if we are not being conscious of what we are doing, we are so going to have the same story. that sally looks just like jane and they sure seem the same. it's like we end up in that same phenomenon. neil: it is really bad when they start looking like their pets, you must know that. [laughter] >> i hate when that happens to be one okay, all of these dating sites, this is very insightful to us. okay, here's something that might trigger cupid's arrow. i have a feeling that he wouldn't be aiming for the hog. more like congresses [bleep] it would still have something to do with out-of-control spending and waste in government. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right.
8:52 pm
you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for xual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafed. do not drink alcohol in excess with cialis. side effects may include headache, upset stomac delayed backache or muscle ache. to avoid long-term injury, seek immedia medical help for an erection lasting more than four hours. if you have any sudden drease or loss in hearing or vision, or if you have any allergic reactions suchs sh, hives, swelling of the lips, tongue or throat, or difficulty breathing or swallowing, stop taking cialis and get medical help right away. ask your dtor about cialis for daily use and a 30-tablet free trial.
8:54 pm
neil: washington has lost control over all spending. a house oversight committee pointing out a cycle of whistle spinning. what do you think? >> is that what you mean? that you like me? [laughter] >> i think it is a scandal and we have some choice. neil: i don't find it accidental that this growing survey of cynicism of and then also meant as all of this extra wasteful spending and government.
8:55 pm
the people are not spending money like they would on their own. >> they are not being responsible steward. they want to spend all this money before the end of the fiscal year. that is why you have these conferences at the 3000-dollar hotel rooms. we need to have a government that is smaller, smarter, more effective to spend taxpayer dollars wisely. >> we will never get their. >> well, i would really love to see this, but the more that i see this, the more connection i see as a scandal. >> you know, the government still has to operate.
8:56 pm
>> i am just saying, can you be surprised that americans have a more jaded view of government in light of scandals were spending us into oblivion? >> when was the last time that americans do not have a jaded point of view of government? >> survey shows not at this level. >> we have lots of scandals. everything is bad. no one trusts obama. >> he thinks that six months and
8:57 pm
a week in between that other stuff. business back to usual, all about that. but i do think that at the very least, it is slowing these initiatives down. it is slowing the health care lockdown. at the very least we are going to see the wheels of huge government grinding. >> i agree. i think that there will be a lot more agreed to. >> i don't think he agrees, i think he is one. >> we have a dfa conferences, now we have the irs conferences. you know, the economy is still struggling. the average american is just outraged at this kind of spending. there has to be more oversight on congress. neil: does it come up as the top five issue? >> the scandal, that is why. >> there are three scandals to deal with. that is no good. the economy is very important.
8:58 pm
8:59 pm
the justice department would start of a few reporters extend way beyond that. i mean, come on. >> you woke up this morning. you need to realize that your day wasn't sufficient when you woke up this day a year ago. >> i mean, i have the government breathing down my back. macau is the government breathing down your back. >> i don't want to share what is going on. neil: do you think that these scandals they'll do something serious? >> well, i think it does. no one is accountable. everyone is pointing fingers.
9:00 pm
on friday, mitt romney joins us . i am gerri willis. now doing it like the airlines, stingier service. also, are we really running out of water in this country, and is an opportunity to make money? the latest in healthy eating. the result of a new study could help you live longer. we're watching out for you tonight on "the willis report." gerri: more on those stories in just a moment including the steep selloff in stocks.
61 Views
IN COLLECTIONS
FOX BusinessUploaded by TV Archive on
![](http://athena.archive.org/0.gif?kind=track_js&track_js_case=control&cache_bust=1771853560)