tv Cavuto FOX Business June 10, 2013 11:00pm-12:01am EDT
11:00 pm
il: the pile on is on the agenda is off. welcome, everybody i am neil cavuto. you know, things are bad when democrats call ffr hearingsnto the nsa mess but that is what john conys wind and the sooner the better trying to have congress get to the bottom of this phone tracking thing and they're not alone no less than a director ben and mark udall are concerned but listen to what he told reporters on this whole dustup the admistration d people comment on what authority it thinks it has but obviously republicans are not leaving
11:01 pm
it ther. theye e promising more hearings, more investigations, more subpoena not only on the scandal but of many others. so many scandals, witnesses scandalswitnesses, so little time that ty will hard have the time to do much else which is maybe the way republicans like it but giving the spending issues and entitlement issues you may not. too late. scandals are the sticking and freedoms are slipping now politicians of all sorts are in gauging. get ready. this is a mushroom and now it will mushroom like it is out of control especially when we found t the nsa was snooping on all of us changed things completely %-matter of virus targeted conservatives are justice department goingfter conservatives but one of the most powerful surveillance agencies and the planet rifling through phone records, then e-mail records and other rerds skinning, collating, collt
11:02 pm
ing courtesy of a 29 year old kid who stumbled upon them? it is hard to fathom but how edward snowden came upon this to upload it makes you wonder how a guy named -- to die so young and relatively inexperienced could no so much to a retired lieutenant colonel who knows full well of things so strange. on any level if he is a hero or just an opportunist, bottom linhe had access to stuff i am surprised. that is what worries me. >> i think there is so much going on out there it is hard for people not to be exposed. he may have not only been directly involved in these programs but around the water cooler may have picked up other information there. bradley maing the army guy is a good example of young people and experience to have access to some of the
11:03 pm
nation's highest secrets and not knowing how to protect them. neil: what does this mean as far as security is concerned? you sometimes think going back to the james bond movie but now it is more than i thought and they don't appear that sinister act oo. >> it is quite common because we still think of information security as part of the i tea culture to make staff work on right between the terminal andould every need. think information's security is a different discipline to talk about risk unfortunately in most organizations in and out of the government it rules the roost they report to it it is wrong and whatgave private manning, a private access to all that information and this gentleman was allegedly has
11:04 pm
access to th information and nsa even though just a contractor for a few years is because we don't separate information security from it to have them report separately to an executive %-acssecesetween ease of neil: are you worried that this is like the patriot act on steroids? what started with good inteions to police and cross refence to a potential bad guys has now becom a tool that agencies use andbuse? >> absolutely. i have been worried about it for some time. still many more things up ther that none of us know about. it is a government run amok. neil: he saiththat there are many other things the you don't know. what do you fear? >> more affirmation about us may be floating around out there that we don't know. even though theyre denying right now, listening to telephone calls are personalizing some of the stuff that they're picking up, i doubt that. this started out as only being
11:05 pm
verizon. over the course of the few days it is gone to l bunch of oth people. and i don't just blame ts on the democrats. the republicans. does not matte who is in power. the fact of the matter is that the government itself, of these bureaucrats, all the people were there who are responsible for building these things, convincing the congress that we need to have them, getting them implemented and then taking a vantage. neil: that was the source of the old dustup, we can show about whether we can go too far with this sort of thing. my view was to take the politics out it and say whether government and these agencies and departments have done so large and unwieldy that this sort of thing is inevitable. what starts out as something that is meant to protect us then spills over into just abusing as. >> yes. i completely agree. this is a situation of empire building. we are buildg empires and databases. neil: who is building it? becae is true to the colonel's point. i respect the heck out of him
11:06 pm
use i think he's right. republics built it, democrats bolted, but i get this idea that these bureaucratic fiefdoms have set up shop where they just got all this stuff. >> they got it and they are getting more of it. they want more a more of it. it is like an insatiable we did ju want to consume t information to build more and more data empires. that is why we see so much in the press about a data. if you don't think the federal government is on the big gated bandwagon, just open up t newspaper in the last week. neil: row quickly thiis a securiiy threat and an of itself. >> it is. clearly unarican these and a was going on. in the benghazi opeting overseas, any time had an international phone call or exchange tamayo was assed the government is looking at enlisting. i'm okay with that. obamacare with anything that is going on within the boundaries of the united states. neil: they keep. back to what is really at stake.
11:07 pm
it would be like a dishwasher knowing how much the manager makes or worse, what everyone else in the restaurant makes. he just been set up before he punches out. think it can't hapn? well, sometimes very personal employee data being share could be more common than you know. surely you police to knew what about whom in your organization. how did you do that and who did you entrt with that? >> well, you know, and all organizations you have intellectual property that has to be protected. one of the most important things to protect is the privacy of the individual, the employee. so we have very secure systems th only the highest-ranking people in our human resource departments could know about salaries, bonuses, performance reviews and things of that nature. this hardly is on the sle of national security. we have to be realistic about this stuff. we want mature, well schooled,
11:08 pm
well vetted people managing intellectual property in this country, including our own privacy. and i thk what has happened is that the largess of the government, the entrenched federal workers to have nobody told them accouable who can just go from job to job to job no matter how badly they do or how many mistakes they make is the real issue. the size of government has done none of control. the strategic micromanage is of details. when youo that youill se control inevitably. neil: i'm just surprised we don'see more affmation late. back to your corporate, lot of people see data that they might or might not seize on an share or spell or leak because most people are very honorable and don't do that. in the course of approving a promotion or raise or a reprimand, there are in many organizations, many eyes to see them along the way. no true to their good decency,
11:09 pm
they don't put that out. the potential is that they could and when government gets and we'll be in big, there i more of that because the percentage rule of thumb means there are more pple who could blurted out. >> you always run the risk of a road in any organization. i am sure that there have been people we protected, our computer centers very carefully. we had access backwards. we had a secity department who was responsible for our computer security. we were pretty tight about that thing. you can always have a road anywhere that can do all kinds of damage before you can get some teeseven but how would you compare that to someone who says that they're paying less on the east coast benny's paynt on the west coast. ansomeone is aware of that in your operation and conveys that to those on the west coast. becausee feels may be like this guy, i great iignation is afoot. >> well, that is interesting because one of the ways to avoid
11:10 pm
that is transparency. if you are foolish enouh to not have equal pay for your employees, you deserve to get busted. and i think that it really is -- as long as corporations and government are behaving properly in the rules of business are in the rules of government, the constitution, if you behave properly, the idea that the road can take information and do damage is diminished dramatical. it is only when you cross that line. neil: if he thinks in this case he found that evidence collecting phone recor of millions of americans in god knows what else because i think there's more comingut and is offended by it -- there might be rfectly valid reasons, but he feels an obligation to leave that out. >> well, i think it's bad if he feels like he did we get out because one fundamental issue here. he did not have enough confidence in his boss together ansay, look, i think there's prlem. neil: maybe you didn't. maybe he just figured this is
11:11 pm
beyond the pale. have to get this out because we're. >> it's intesting. i don't think this is a man is a hero. had he stayed here and face the medicine that would have a different onion, but he ran because he knew what he did was wrong. he had bosses. he should ha gone to the man said, this isrong. i have an inherent is belief in this. nothing else he could have calledis congressman are senator and said, hey, i want to discuss this with you. when not keep it in the general security. neil: a very good point. thank you very much. all right. some good news on all of this spirit that 29 year-old kid you refuse all this stuff for released it to my should say reports he is in hong kong. now for the bad news, reports he is in hong kong. [ male announcer ] in your lifetime,
11:12 pm
you will lose 3 sets of keys 4 cell phones 7 socks and 6 weeks of sleep but one thing you don't want to lose is any more teeth. if you wear a partial, you are almost twice as likely to lose your suorting teeth. new poligrip and polident for partials 'seal and protect' helps minimize stress, which may damage supporting teeth, by stabilizing your partial. and 'clean and protect' kills od-causing bacteria. care for your partial. help protect your natural teeth.
11:13 pm
[ whirring ] [ dog barks ] i want to treat mo dogs. ♪ our business needs more cases. [ male announcer ] where do you want to take your business? i need help selling art. [ male announcer ] rom broadband to web hosting to mobile apps, small business solutions from at&t have the security you need to get you there. call us. we can show you how at&t solutions can help you do what you do... even better. ♪
11:14 pm
neil: we just don't know. reportedly in hong kong right where we wanted, where the chinese want them becacause we already know thathe 29 year-old behind these sensational u.s. security leaks as one holed up in some luxury hotel. do not assume that chinese are likely thand him over. the chinese might have other plans. >> w well, first of all, there will download all of the information from his laptop. probably they already have a degree they can clean up the servers in the pentagon from halfway around the wor. they can get a laptop in hong kong and a hotel. neil: what do they want? >> they want whenever some of laptop. neil: what would be on it? >> as he himself sd, he knows all the locations of agents around the world. god knows what else he has on a laptop. the point is the chinese go to incredible efforts to find out little bits of them affmation. they send out all of these students across the u.s. to find out rail freht traffic in some
11:15 pm
place in iowa. of course they're going to want this laptop. the other thing that will do is turn this guy. neil: what does that mean? >> there are basically going to get into spill everything that he has. neil: making him a modern-day -- >> worse. this ggy went to hong kong because it's one of the few places in the world that and but theapability in the will to resist the u.s. neil: that was an anti-american you right there. >> very much so. neil: this guy is a hero. >> and also he has made very benign statements about cna and the chinese people. the chinese people like and except. neil: the expressed view that it would be safer, but you are saying that he has been abused our worst. >> rig now the chinese government will go to this ggy and say, look, you have no future in the u.s. you're on theuture is with us.
11:16 pm
you have to remember, beijing nowontrols and because there was a decision of the court of nal appeal which is the highest court. this said that the hong kong government has to pass on every asylum request so essentially every important decision that the honong government makes whether it's about anyone, they have to be cleared in beijing which means that the chinese leaders and now gog to determine the fate of this guy and his laptop neil: this certainly would not be sending him back to the united states. >> unless they get enormous amounts of concessions from us. neil: what can we give them as a concession? they already have as by the you know what. >> even more. the chinese are ruthlessly pragmatic. they can all this guy for months. neil: is thiguy's life in danger? >> i would think so. i actually think the chinese were willing to dispose of the sky. probably n going to because he is much more valuable to them alive because he is a big bargaini chip because we want him back. and so the government in beijing
11:17 pm
is going to use a to get something from us. and i know exactly what. neil: they're saliving and we are sweating. the coming collapse of china. it seems like i just broke falls when the this guy, but all of this stuff is playing out. not to the exact scandal, but man, man. apple's big announcement. that was not exactly music to shareholder years. when the house wants to be more like a house of blues, n wonder in today's markets, a lot can happen ia send. with fidelity's guaranteedone-s, we route your order to up to 75 market centers to look for the best possible price -- maybe evenetter than you expected. it's all part of our goal i'm derrick chan of fidelity investments. our one-cond trade execution is one more innovative reason serious investors are choosing fidelity. now get 200 free trades
11:18 pm
when you open an account. closing the deal, or just having fun tonight. you want a hotel room at an amazing price. tonight. impossible? anymore. download the free hotel tonht app to book rooms in over 85 cities around the world. when we get roo that would otherwise go empty, you get the best rates, guaranteed. so with three taps and a swipe, you can book a great room for a great price. download hel tonight free then sign up with promo code "deal"
11:19 pm
for $25 off your first booking. bjorn earns unlimited was for his small business take theseags to room 12 please. [ garth ] bjors small busiss earns uble miles on every purchase every day. produce delivery. [ bjorn ] just p it ony spark card. [ rth why settle for less? ahh, oh! [ garth ] great businesses deserve limited reward here's your we up call. [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choo double miles or 2% cash back on every purase every day. what's in your wallet? [ crows ] now where's the snooze button?
11:20 pm
11:21 pm
this was the big announcement? this was apple better late than never. say it ain't so. was the most creative and innovative company on t planet now reduced toine-tuning technologies that others have been crafting for years. now, casey did not hear, apple wants to play a bigger role in what you hear. talking up an internet radio service that kind of sounds to me at least like a lot of other radio services that are already out there. claiming its service will be different and better and married with itunes, a combination killick. i don't know ifandora comes to mind. think they're already doing it, but what do i know. is this going to impress anyone? >> summing up the apple announcement, up on thetage saying today we're going to announce something you already have and something you don't care about. you know, that could have been it i don't thini have been this excited about an announcement since windows.
11:22 pm
i mean- neil wha i understand, obviously cheryl is share your chardonnet's. the stock was down. pandora year today is up over the last year. so dissuaded by these developments as a funny way of showing it. what is apple's. we missing something they could be bigger what? >> you know what it sounds like to me, they have to stay on the calendar of off. they kept going. weeed something. the garrison and, what about a different color background. what about longer battery life. they're like, a right. that's all we have. we shove it all and to this announcement it's not exactly the nextphone it's not the i t. neil: this was theiggest of the things. they hinted at a new operating softwa to that will do everything but cooking breakfast promises to come.
11:23 pm
promising big things to come, but i mean, usually with the carrot being a lot closer. where is this company going? >> you know, i tend to think it is probably too soon to tell, but it feels kind of liked it lost the weigh. am wondering if rest in peace, it all started with wind steve jobs passed away. as much as he was at the top, i still think he was the guyut there kicking butt saying, look, have to come up to something. i'm wondering if tim cook is that guy. i'm not sure yet. based on what we saw today, it does not seem like they had anything to wallace. neil: to you think that maybe they were hoping that on this day there would have something big to announce but it wasn't ready. in other words, something like that. that is in the pipeline, but is just not ready, such a there was not the day to announce that. it's coming any day n.
11:24 pm
>> i thi that's it. i have to tnkhey're working on a lot of the stuff. like i just said, you know, if the best that they could come up with was a free proct that mimics pando, launder battery life, and different operating systems which only each care about. that has t be disappointi to them internally and obviously the mass of people that like and support apple. neil: it's like they'rdoing something ththat has already ben done. normally they announce -- >> exactly. neil: good stuff. thanyou very much. >> thanks. neil: remember mission accomplished. not that mission accomplished. this mission accomplished. this all irs mess. democrats say it' done. perpetrator's ideified. move on. (announcer) scottrade knows our clients trade a invest their own way.
11:25 pm
with scottrade's smart text, i n quickly understand my charts, and spend more time trading. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottradeffice is there to help. because they knoi don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade. voted "best investment services company."
11:26 pm
folks have suffered from frequent heartburn but now, thankto treating with prilosec otc, we don't have to suffer like they used to. [ bell ding] ♪ [ horse whinnies ] getting heartburn and then trtreating day after y is a thing of the past. block the acid with prilosec otc, d don't get heartburn in the first place. we've surcome a long way. ♪ le announcer ] one pill each morning. 4 hours. zero heartburn.
11:27 pm
♪ to. neil: this just thenhouse democrats including cummings declaring mission accomplished on this whole irs mess. in fact, he is just not admitting it. the only problem is he is now releasing the irs documents that prove it going after conservatives. it was not commng from washington that all. it never further than a mile.
11:28 pm
>> chairman of the subcommittee. great guide, but he is protecting theresident of the united states. that is their role in the program. it is bigger than this. the irs says something that everybody has to deal with. i think the danger of all of these investigations is people getting lost in this investigation. the irs is somhing that people understand. doing a very good job. one of the things coming of that
11:31 pm
to slow down. neil: you know, i talked to a lot of democrats and liberals. they'll tell me, in fact, we had a big dustup on the weekend show, this whole issue of whether you can completell of these issues. they're all independent issues. that may be so, but they do seem to be part of aigger pattern that is undeniable whether it is the irs of the justice department or health d human services pushing. a law that is very unpopular, but they're is a ptern to all of this. that is what is thinking of the joint. is that justified? >> well, that is exactly what they have to do. they have to take oversight. if y see a pattern of government getting to bigger too much power, starred in binging and the rights of individuals or groups, then there's a problem and you need to push back. neil: all right. very get seeing youu again. thank you. >> my pleasure.
11:32 pm
neil: it's a bird, plane, no. it's apathetic sellout. it's apathetic sellout. start talking as seen on before copd... i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicor it helps significantly prove my lung function starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicort, today i'm breathing betr. and at means...fish on! symbicort is for copd including chronic bronchiti and emphysema. it should not be taken more than twice a day. symbicort may increase your risk of lung infections, osteoporosis, and some eye problems. l your doctor if you have a heart condition or high blood pressure before taking it. with copd, i thought i'd miss our family traditn. now symbicort significantly improves lung nction, starting within 5 minutes. and that makes a dierence in my breathing. today, we're ready for whaver swims our way.
11:33 pm
ask your doctor a symbicort. i got my first prescription free. call or cck to learn more. [ male announcer ] if you n't afrd your medication, astrazeneca may be able to help. [ male announcer ] if you n't afrd your medication, fema announcer ] some people like to pretend a flood could never happen to them. and that their homeowners insurance protects them. [ thunder crashes ] it doesn't. stop pretending. only flood insurance covers floods. ♪
11:34 pm
visit floodsmart.gov/pretend to learn your risk. ♪ il:ell,o year die-hard fans of the comic-book hero, this latest superman mes a mockery of their favorite hero. cut them appealing not so comical. not so slightlyye-popping. one hundred plus commercia product tie-ins. the latestovie man of steel. that works out to $170 million worth of plugsefore the movie even opens this weekend. supeblunder or ser brilliant? >> i think these days we have learned from e recent past that you need stuff like this. you need these plugs. look no further back than cowboys and aliens.
11:35 pm
john carter, anything with lindsay lohan in it. they're big fa they've got nowhere near the bank for the production box. it's good to get it out there early and often some people go see the film. neil: i would find this offensive and less the movie as the tv going with men it >> maybe that's one of the 100 you just don't know about it. i'm still in the super bowln camp as well because you really have to work hard to cut through the clutter and kp the name out there in this environment where there's so many different rows for consumers' attention. the digging is that you have to try to make these tie-ins subtle so that they aren't taking -- neil: this could be a big debacle. i doubt it. money up front. >> deferred 75 percent of the production cost with all of these tiny hands. that's really significant. neil: in your facebook,he company keeps scoring deals and alliances and now has an analyst
11:36 pm
upgrading the stock faugh. your argument, along with firmer was opening day. >> 40% down. i think even this year we're down 8%. the analts seemed to like the stock because they think at this price it is a lower price to earnings for future earnings into will. the thing is, it's still a young company. loof risks out there. will they be able to ecute? we don't know that. even at this press the may be too much rk. neil: it alws comes back to a price in the low to mid-20s. it's interesting. we have these jobs back and forth. that is kind ofhe nesting price. is that where it ultimately finishes nesting? >> it does not like being a teenager, nor does it like being a young adult. it is appropriate. until the start charging people per user to log in i just don't get it. as you looked at their numbers, the subscriber growth is dropping.
11:37 pm
that's a big concern. and not a big fan of the stock. it has been an absute disaster . neil: they really need to leverage off all of those users. they have yet to do that. >> that is the name of the game. that is was going to bring the value to the stock. frankly, i'm not willing to pay $10 a month to get in in a place for my high-school frids. neil: they're very dry school friends. ish foxbusiness.com, microsoft finally getting serious. ignoring the controversy over what is offered at the office. focusing what it is offering ki. the game is so fun to play you almost forget about that dark windows a thing that no one seems to want to play to be the thing x boxes of way out of a bad p.r. box? >> is not too bad. if you dig through the recent earnings reports is been a bright spot. the facebook situation, they're
11:38 pm
finding a way to monetize those who buy and play the x box. so i think that's really important. they're turninthat into money the council market is not that great considering the rise of mobile gaming. but it's definitely a good spot for microsoft of the last few years verses the competitors like sony. neil: ittis interesting they're havireat success there in what started out as an ancillary lines >> well, it is still not the big microsoft crown which is still software. you know, what is going to tur them around is finding a way to get into the tablet and the phone market because while they have a great share, 85 percent of operating systems have microst. they're losing them cpletely when it comes to phones and tablets. neil: and absolutely,he future >> this is the entire game. the more time people spend on funds and that was the less this been done pcs.
11:39 pm
tell the address t that market have less than 4% market share. neil: games are no games? >> gamesre noames. neil: finally, the whites of their eyes. they beath whites of their egg whites sandwiches. apparently ever since mcdonald's started offering a wide breakfast sandwiches it has been feasting on some sizzling sales . is this exactly what fast-food people should be doing, serving of then unscrambling? >> definitely doing something right. neil: that egg references, scrambling. >> delicious. delicious. neil: patronizing, but go ahead. >> definitely doing something right. a tough market space. the fact that there actually growing revenue shows that they're doing somethg right. what is to say that the compa has to seven -- serve the same could forever. i can't think of one resurant chain that operates that way.
11:40 pm
neil: dollar almost as many calories as the traditional. 250 parses 300. it's winning over people who think they're eating something healthy. >> i guess it is, and is probably the message more than anything. the same thing as far as quick boost in sales. ean, if i go to mcdonald's and not exactly going there for healthy food. zero one to e up to something healthier, maybe single fillet of fish with cheese, not the double. i just don't go there to actually feel healthy. i'm not sure that this wl last neil: that madrid is a better audience. >> of flesh from the past. neil: did you know there were no bones? that startled me. it's jus wild. >> i think you have people who used to be making more money. cutting ckn the budget's
11:41 pm
going into these quick servic restaurants. minna be the typical consumer. neil: that they're going in and saying, no, i'm trying to watch my waist. in a light breakfast sandwich. >> may be out, and whereas in the past that get meut altogether. may not be as healthy, but the perception is there. is trying people and then me not have otherwise command. neil: thank you both very mh thank you very much. you seehis kid. i don't know if he eats egg whites damages because i don't know if they serve this kindf thing in prison. or about to find out. not if he is going to be down in mcdonald's, but if he is going to a slimmer and all. you hurt my feelings, todd. i did? when visa signature asked everybody
11:42 pm
what upgraded experiences really mattered... you suggested luxury car service instd "strength training with patrick willis." come on todd! flap them chicken wings. [ grunts ] well, i travel a lot and umm... [ male announcer ] at visa signature, every upgradedxperience comes from listening to our cardholders. visa signature. your idea of what a card should be. visa signature. at od, whatever business you're in, that's the business we're in. with premium service like one of the best on-time delivery records and a low claims ratio, do whatever it takes to make your business our business. od. helping the world keep promis.
11:46 pm
appreciated in the united states. maybe more so in china. >> it is hard to say. some people saying thisuy is a hero, was aboard. i have a problem with that. nobody made in take the job. nobody made in sanhe commitments that he d of confidentiality. if he had a problem of what he was doing he could've gone to the inspector geral to my is superior, mber of people insidehe agency that he worked for and said to my have a problem with this. i am wrestling with this. can we talk it through. instead as near as i can tell h3 decides to go public. this is no joke them. people's lives could be put a risk. i have a problem with the 29
11:47 pm
year-old deciding.s. national security policy and is on. il: you're quite right and it's hard to know atever his motivations are. quite the opposite. t the one thing that disturbs me more than any of the above is that a 29 year-old would have access to this type of information anyway. surely there is something in our serity system that has gone wrong that opened up this amount of data to the number of pple it hasnd to guys as young and relatively ixperienced as this gentleman. >> clearly that's a question. you know, i asssme he had to go through a process, a background check. polygraphs and all those kds of things. neil: evenf he did, this is a big dl. >> of crse it is. i don think the w any expectation. clearly he w sworn to secrecy.
11:48 pm
i'm sure he signed commitments. they checked him out. you know, when you have a number of people working, whether it's a hundred or thousand 10,000, there willlways speak potential issues like this. like i said, you know, i think there were a number of avenues that he could it taken if he was having an attack of conscience as opposed to saying, okay. i will reveal to the whole world, including some people who actively wanto do less harm how our surveillance systems are working. il: out give you the benefit of the doubt on ts. he feared going to is higher ps because he was concerned about his personal safety. if he was against this and/or expressed serious reservations about this then he would be a marked man and he was in danger. >> this is sounding a little bit like a conspiry.
11:49 pm
neil: you read my mind tends. >> who i don't know y reason thate would've thought that. on the other hand, i wasn't there sitting next to him. i know who is superiors or. these agencies have at positi called the inspector general w is -- they're pretty indepdent types. they have independent authority to look into things like this. i suppose you can create a situation where he would say, was afraid for my life. another thing that would have been the case. people have sai okay. if you're uncomfortable with lots going on then find another line of work. again, i go back. he made commitments. you live up to them. neil: there are a lot. the lot of people are connecting along all political persuasions. they just weren't. it unsettles than thaat dependig on the agency and your department this type of stuff is
11:50 pm
more common than we know the more pronounced than we feared. they just -- it gives them the heebie-jeebies. as a government spying on them with the idea that they're giving it to protect them, and they're not buying the protection. >> this is a classic dilemma. this goes back 3,000 years. the other day, for example, all of this pho data that the nsa has, that giv me the ceps. and not sure they need to have all the data it. if they want to get at phone data on particular calls that go warrant, go to the phone company and say to my nt to look f for those recor. bothers me. one of saying is i think there are legitimate issues to talk about. i think you're absolely right. it is a classic example. the basic function of government is to protects, prode security. yet this same time we have the fifth amendment in the fourth amendment and those things. the fourth amendment says no unreasonable searches and seizures. we have 200 years of legal
11:51 pm
precedent. and we all have to be making this judgment in these judgments and finding a balance all the me. neil: very well put thank you. >> that is exactly the business i man neil: you do a good job at it. senator andis gang. this is what happens. kind of like wing big pieces of legislation go wrong. many patches. but we don't need no stinking badges. maybe what we don't need our with the spark miles card from capital one, bjorn earns unlimited rewas for his small business take theseags to room 12 please. [ garth ] bjors small busiss earns double miles on ery purchasevery day. produce delivery. [ bjorn ] just put it on my spark card. [ garth why settle for less? ahh, oh! [ garth ] great businesses deserve limited rerd here's your wake up call. [ male announcer ] get the spark business card from capital one and rn unlimited rewards. choose double miles
11:52 pm
11:53 pm
11:54 pm
you could apply that reasoning to a health care law that has already been too complicated and expensive and is already long or an immigration bill is getting more padded in prison by t moment. what do you think? >>ell, you know what can i think this is the underlying issue which is bigger government bigger problems. no matter what piece of legislation that is, the consumer protection agency, immigration reform, all proposed of the gse of protecting the individual consumer or in this case theountry as a whole. there are costs that come alo with these underlying benefits and we have to be careful the parse them out. the government is quick. in the thing that says a lot. intended to protect this country the way they go about that is undermining the individual freedoms we have. it is really a rock and hard place right now that the government buys and sells and when there were too quick to
11:55 pm
enact this legislation. neil: i think every big government initiative starts th t most decent of goals in the most altruistic of intentns. then it gets crazy. the patriot act in t guise of keeping as protected violates all our projections to be the health care law, the guise of protecting those who don't have insurance essentially charges people. this is just the latest example. it will keep going on and on. >> let's face it. there is a creep in washington. congress passes bills and increasingly now with these big bills, these big comehensive bis the past the administration is given a lot of latitude on how it's implemented the regulatory bodies are as well. it takes years tfigure out how they get implemented. who you elect president matters. think abo president obama, used to work for bush. he ran around this country in
11:56 pm
2008 and castigated bush and his administration for the abuses and civil liberties, the patriot , the use of drone technogy in all the other questions. and it's kind of a right to see today that he is channeling dick cheney on his national security policy. think we have a war on terro and i'm glad to see that he was dided more vigorously. but there is clearly a question of how he is implementing this law neil: the democratic strategist, well-connected with powerful democrats. are they worried that all of this is beginning too compromise eir credibility and that the very least it's going to hurt them unless they find a unified voice on this, hence all of these powerful democrats wanting more information on the nsa and the irs to molding the president more aountable because they are afraid their fannies in going the burnt? >> i don't know how much lower they can yell. the approval rating is probably around 13%. that is pro wh a high mark.
11:57 pm
so as an institution dancing their credibity get down which ishy they run as individuals in their stas or dtricts neil: they're warning away. they're running away >> and they're going to be read as poll numbers go down there will run for their way. democrats in red states. other tough places to win reelection. you bet there will be running. also with th fact that to the president saying b but congrs knew every step along the way. all of a sudden there waking up and saying, no. neil: the know. i'm sorry. the one thing i'm wondering about is where all of this goes. each and every issue and scandal , one liberal was telling me it can be conflated, but they're part of a largeger pattn of personal liberty abuses enacted by governments but leveraging the full power of their agencies and deptments to scare the you know what out
11:58 pm
of the average american. so where is this going to make government right now certainly does not look like a frien. >> and there is going to be a lot of finger-pointing. and there will be aot of dancing around exactly who was responsible for this confusion and to is exactly responsible for initiating this legiation. neil: my point is, i don't care. the patriot actors under president bush. put on steroids by obama. not here to blame one of the other. it's out of control. will you do to rein it back in? >> all this does is undermine will the conference the confidence. >> the one prediction i can make when you said it will be responsible, i guarantee you president obama will be. as the one thing that does tile these thiigs tether. at the end of the day this administrati is way off track. you have to get it back on
11:59 pm
track. is not just a political question these are very serious questions neil: republins can look opportunistic. a lot of them are going for r te jugular. >> i think in the case of carol ice and others, stop trying to win and actuay try to get to the bottom of and and l the facts speak for themselves. if it went all the way up to the white house as he is tryingo alleged, the pieces, some of the interviews that he's done. let that evidence speak. let it come out. >> behalf to a kwledge it. it's out of control. neil: and o.c. the fixes. each side isrying to get the other in a fix. >> i certainly don't. i think both sides are going to try use it for political gain that leaves the country and the individual consumer unprotected. ioc in and game and i don't see a solution. neil: you will try to find one.
12:00 am
the country, i guess it's up to me. but seriously. thank you very muc you will keep monitoring this. it is your freedom, you basic american cheryl: "money" th melissa francis now. melissa: here is what is "money" toght. edward snowden goes off the grid. but the fallout is just beginning. is china lking his chops? another nsa whistleblower on what it is like. plus community windowshopping like this before. suitable windows in new york city. the first plan to look how they can revolutionize the industry. and who made money today? some serious green from egg whites. in one essay it is not, it is always about "money."
82 Views
IN COLLECTIONS
FOX Business Television Archive Television Archive News Search ServiceUploaded by TV Archive on