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tv   Lou Dobbs Tonight  FOX Business  June 13, 2013 7:00pm-8:01pm EDT

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their individually, and helping a good cause, thank you for joining us, dvr the show. have a great night. lou: gooo evening thank you for being with us, breaking news, the white house now claims that bashar assad's forces have sed chemical weapons on syrian rebels, they used serine to kill 100 to 150 rebels over the last 12 months could obama administration asked for a united nations investigation almost 3 months ago, but it has reached a conclusion that assad@ is responsible for use of chemical ep one weapons throughn efforts and determination, the times is curious, less than 24 hours after former president bill clinton intimated that
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presidenttobama would be foolish to not get involved in the syrian conflict. we'll take all of that up here. we begin with the appearance of the fbi director today, robert mueller before the house judiciary committee, staunchly defending the government's collection of phone and internet data as vital to our nation's national security, telling the panel, law enforcement must be a step ahead of criminals and terrorists, mueller insisting that the nsa has done nothing wrong and american civil liberties have been protected throughout. >> we recognize that the american public expects the fbi and our intelligence community partners to protect privacy interests, even as we must conduct our national security mission. these programs have been
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conducted consistent with the constitution and the laws of the united states the programs have been carried out with extensive oversight from ports, independent inspectors general -- congress. lou: fuller added that metadata@ collection program. had it been in place earlier, that attacks niks like 9/11 migt have been prevented. and preparing to release full list of terrorist attacks thwarted by government surveillance data this monday, senators ron white whether mark udal contradict it. mueller ensured house judiciary committee that the fbi is taking all necessary steps to hold admitted nsa leaker edward snowden, responsible for exposing the nature of
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government secret surveillance programs, today of's hearings providing insight to what fbi director does, and does not know about the fbi's investigation into scandals plaguing this president. in particular the irs scandal. in which irs officials targeted conservative and tea party groups, fbi director struggled in his responses to congressman jim jordan, who asked the director a straightforward question that led to this heated standoff. >> tell me who the lead investigator is. >> i will just my head no from the most important issue you do not know who the lead investigate or is. >> i do not know. >> we would like to know. >> we would like to know how many people have you assigned. >> i have not had a briefing on it i had a briefing when we first initiated. >> you don't know who is leading the case? >> i do not know who is lead -- >> do you know if you talked to
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any was the victims? any of the groups who were targeted by their government. you met with any tea party folks since may 14, 2013. >> i doo't know what the status of the interviews are by the team on it. >> did the fbi contact any of the same victims, prior to investigation when they were applying for tax exempt status did they play them a visit. >> i do not know. >> pardon. >> i do not know. >> you do not kkow? >> i do not know. lou: snowden has gone silent today, releasing no top-secret briefs. still no charges have been publicly dis closed by the justice department, speculation increases thatnoid know may have s that snowed know may have been working -- snowden may have been working as a agent of
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a foreign government perhaps. >> reporter: as whether nsa leaker snowden of a spy or defected to china, the house intelligence committee leadership left the door open. >> a thorough scrub of what his china connections are. if. >> it seems unusual he would be in china, asking protection from chinese government. >> reporter: white house is backing up nsa director alexander who claims that controversial data collect providing primary investigative leads. >> these programs authorized by congress, overseen by congress and federal judges with internal checks and balances within the executive branch were found to be effective in thwarting terrorist attacks. >> reporter: there are questions over whether nsa programs refer to uncover critical intelligence about new york city subway plot plotter and convicted terrorist
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headley. after alexander testified on wednesday this quote, dozens of terrorist even events you were disrupted. they responded we've not seen any evidence showing that nsa's dragnet collection of american phone records has produced any uniquely valuable intelligence, all plots appear to have been identified using other collect methods, alexander made a statement but took no questions. >> we owe you the american people is now how good is that with some statistics. >> reporter: in sworn testimony fbi director mueller tried to make the case that nsa collected would have likely prevented 9/11 by collecting phone records of terrorists. >> if we had the telephone numbee from yemen, we would have
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matched it up with the telephone number from san diego. >> i am not persuaded. >> reporter: congressman %-fbi's request meet the legalt standard of relevance. head of senate intel yen committee diane feinstein said a list -- disrupted by nsa program could be released monday. lou: katherine thank you. fox news chief intelligence correspondent. >> now to the white house, announcement that it has concludeed sere -- syria's president did use chemical weapons against his own people. crossing what the president called a clear red line, saying that president obama has not made a deeision yet on direct military involvement or intervention such as establishing a no-fly zone, and the national security advisory added that administration will
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make decisions on what action to take on quote, our own timeline. the intelligence community, estimates that 100 to 150 people have died from chemical weapons attacks in syria. over the past year. that contrast to overall death toll in the conflict that is at least 93,000 people. joining us now to discuss the political impact the scandals, now engulf the administration, congressman ted poe. on judiciary committee and foreign affairs committee, and former senator scott brown, now a facts news contract or -- fox news cryp contribute or. first to you, the contradiction of the senators of the head of the nsa. >> not convinces to me that the
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nsa appropriately used the patriot act with their broad approach of taking millions phone records. trying to track down a terrorist or two. i think is overreaching it does not follow the patriot act as is, now we have this issue of mega-data they can track and take down a person's location, when the phone was used. i do not think that is constitutional. i don't think they can do that under the patriot act, and i have filed legislation about 3 months ago to prohibit that unless they search went i warn e -- search warrant is taken, it is over broad. lou: scott brown, we're looking at washington post and the guardian with the blockbuster stories that began in midst of a
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following a two day summit 29 president chi and president obama. their allegations areby diminished to point it is starting to look like some well, some haste here. onnthe part of the two news organizations, may have resulted in fouling up the story. >> you need to get your facts straight when you report a story, you know that, but bottom line, getting back to what congressman was talking about, patriot act of meant to address terrorists, information, the points, computers we found from terrorists and goinn after terrorists, not -- i did not suppoot a broad sweeping, attempt to get ordinary citizens information and use it for some other reason. there are real problems when it
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comes to i know senator widen and udall, they did not agree with them, but they call it like it is, easy for general alexander and everyone else to get the secret briefings and find out how the record being used. what it go attempts to hurt us were thwarted. we don't that -- have that information there are a lot of unanswered questions here, we need to get the facts straight. the american people need to know what their government is doing. >> to what degree does it, disturb you there is a young man, 29 years old, still in hong kong, making allegations about the u.s. cyberattacks on chinese facilities, as he speaks to chinese media, and has accused nsa, federal government, of all
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sorts of civil rights horrors, to this point have not been substantiated in anyway. yet it is remarkable the coincidence, in his relationship to china, and it looks as though an institution, that is the u.s. congress, which as we look at from polls that lowest, regard imaginable by the party of the american people, and yet here we are watching what looks to me, there is a whip of the church commission in this. and as i hear a lot of, clucking going on, about going after thar in do wells y inner do wells. >> you tell me, where am i wrong? >> let me jump in, a former ranking member of homeland, i can, attest first hand amount of
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cyber taxes from china, now criminal element in world that want to take your work product, and hurt us in anyway, shape and form, with regard to this young man. first of all they should have done a better job checking his qualtaaions and security clearance, and the like who is monitoring what he was doing? we have too many contractors is problem number one. he is in china, and concerned about civil rights and people's rights, are you kidding me? i question his motives, some people call him a hero, some a traitor. i think he could have handled it better if he had true concerns anywhere our country was going with a lot of things they were doing. lou: congressman? >> it is obvious, one. let's look at the federal government's overall surveillance of american citizens, concerned about that a great deal. we have to ratchet in the fedeeal bureaucracies that are
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in charge of security. to make sure that the 4thmm constitutional rights of everyone are followed. to snowden, we're not sure about him, as a person, and whether or not he has committed crimes against the u.s., in a sense that put americans in danger out there working for the united states it is interesting that senator brown said he chose china to run to. rather than some other country. so, we will 11 more about him -- learn more about him, people like him should never have gottenned in the area where they got a top-secret clearance, we should screen the screeners better, before they ever get to that position, as well. lou: i guess in part, as we wrap up here. it seems we're learning a little bit about ourselves took because it seems that national media is quick, and some members of our government, are eager to jump on
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our intelligencc community. even as we're talking about cyberattacks, i was supposed to be at the top of president's agenda with the chinese president. now we're sport of, you know, eating our young if you will, as a society. out of some ill pulse i do not understand, yet, but perhaps we will. in days and weeks ahead. >> lou, i need to say, we need it give -- tip our hats to urine ure -- our intelligence community, those folks who are keeping us safe. don't let the bad apples distort what we're doing. doing. lou: thank you very much. >> thank you. lou: congressman we appreciate you being with us. >> much more on the scandals,
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likely next stop on their jersey for a resolution. we continue with the a-team in just moments stay with us. >> obama scandal ramma, white house overloaded with scandals, why the president's credibilitiy is sinking lower and lower in chalk talk. >> bubba calls out president obama for his refusal to enter syrian civil war, ed henry with a report.
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lou: on wall street stocks rallied, wiping out yesterday's losses what correction? the dow today gaining 181. s&p up 24.
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nazdaq gaining 45. volume on the big board 3.4 billion shares, bc better tn expected data driving the market. gold prices down losing $14. crude oil up 81-cents, just belows there aree97 a barrel, in bond market. yield on 10 year fell. tto imgreg debate, a majority of us support main provision in "gang of 8" reform bill. 81% of voters wwnt to strengthen border security, 74% favor finding a path to citizenship for illegal immigrants already in the country, senate killed an amendment that would do what the folks were asking for offered by
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senator charles grassley, requiring our southern border to be under control for 6 months before any illegal immigrant could obtain legal status under the new legislation. >> new census numbers show a shift in demographic make up. more white people died than were born last year. white americans are no longer majority in the under 5 age group. the census bureau said that asians and hispanics are country's fastest growing ethic groups, but number of asian growing 2.9%, and hispanics 2.2%. >> family of 10-year-old girl who sparked a national debate over organ transplant rule, said her double lung surgery was a ask, doctors are pleased with sarah murnaghan's prognosis for recovery. there are 33 other children
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under the age of 11 on the waiting list for an adult transplant. there is an 11-year-old boy at the same hospital that sarah is recovering. >> up next, no matter your politics, obama administration very likely has a scandal to offer you to anger you to upset you a little bit perhaps, we'll lay it out on the chalk talk tonight. there is aursuit well sha. a better life for your family, a better opportunity for your business, a better legacy to leave the wld. we have always believed in this pursuit, striving to bring insisight to ery investment, and integrity to every plan.
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lou: there was a while during the president's first term, seems that he could do no wrong, in eyes of reporters and supporters now. scandals coming at such a furious face, everyone seems to have a problem with at least one of the controversy and scandals, one, internal revenue service. if you pay taxes, you might be a little bit upset, with internal revenue service.
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about because they target a conservative group, or spend $50 million taxpayer dollars on last icon friendses. liberal national media over this scandal by the way, big three network from 96 stories about irs to one story this week. if you believe congress has the right, obligation to know what our government is doing at home and abroad, you may be offended by administration's 9 month stonewall on benghazi. and fox news ceo roger ales put it i thought well last night, said quote, i have come to the conclusion, that i don't care what the president of the united states was doing that night, however i would like to know what the commander in chief was doing that night. if you believe in the percent amendment, freedom -- first
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amendment, freedom of the press, white house scening seizure of fox news documents should cause your blood to boil over along with associated press instruction. and if you believe in your second amendment rights you may be up set to learn that vice presidented by sense rebooting hissed by -- biden is rebooting his push for gun control next week. and you may be curious to hy this white house will not character snowden as a traitor, perhaps to hang on to idea it is just a coyin coincidence that na leaks came at same time he was holding a summit with his chinese counter part about chinese hacking. you have not seen a story about
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it in the wake of these leaks, if you get fired up overwhelm's right, and abuse the power. this administration in general, this state department covered up investigations and to sexual assault and prostitution. and 7, if you believe the obama administration's klein claims they -- claims they would be most tra transparent administran in history, it may tick you off just a lit they have been using secret e-mail ark count, e-mailp do yos toconduct official govert business. so president has all of these scandals going on and he does not have a nickname. like tricky dick nixon and slick willie clinton. we thought it would be
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interesting to invite you to share your ideas, e-mail me at loudobbs.com. that is lou @loudobbs.com. our executive producer came up with the bamboozler, pretty good. >> a wall street rally, what happened to the correction that everyone was talking about yesterday? we're joined by one of wall street's brightest minds, irene aldridge next. >> and fbi director robert mueller goes before congress, and tells them that the nsa did nothing wrong. a great dial right. >> the a-team nexx. where sleepless nights yield to restful sleep, and lunesta eszopiclone can he you get the,
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the. lou: the white house concluding
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tonight that syria's president has used chemical weapons against his own people. the administration officcals say that that crosses the president's so-called red line and as a result he is preparing to step up assistance to opposition forces and syria. officials are not saying specifically what the united states plans to provide if anything or how quickly the additional aid would arrive. just yesterday president bill clinton suggested president obama risk looking like a total fool and a west, his words, if he does not act on syria. fox news chief white house correspondent ed henry with the report. >> reporter: just hours after word leaked about a closed door even where former president bill clinton ripped president obama's approach to the crisis and syria, white hhuse aides actually tried to claim mr. obama is fine with the comments. >> again, the input of every
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individual out there is welcome to has perspective on a sittation like this. absolutely. >> reporter: clinton attended a forum tuesday night in new york with republican john mccain, a fierce critic of mr. obama for what he says is two and a half years of drift on syria as the slaughter has escalated. to sources familiar with the event can from a political report that clinton declared in the president runs the ddnger of looking like a total fool if they paid too much attention to polls and public officials need to see down the road in to win. republicans charge, this was an opening shot in hillary clinton's 2016 presidential campaign to show some daylight between the obama policy and the former secretary of state. >> i don't think this was entirely accidental on former president clinton's part. the implication that he has given is that president obama is leaking -- we can, indecisive, and poles driven. >> reporter: that comes after a fox poll in may found 68 percent of americans believe the administration should stay
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at of syria because of civil war the u.s. could end up harming anti-american extremists, while 20 percent say the u.s. should get more involved because it is a humanitarian crisis. presidential aides insist that polls are no factor in the decisionmaking. >> what does factor in his what is in the national security interest of the united states and what has the best chance of working. >> just breaking tonight, white house aide says the u.s. intelligence community now believes that the syrian regime did come in fact, you struggle weapons on its own people. going on to say, this is change the calculus for the president. you remember last august the president said that would be crossing red line. he says this now means that the u.s. will provide military support to the syrian rebels, but he stopped short of saying that we will directly on it syrian rebels, something that had been pushing for. saying tonight, this is an important, reason step that the president has to take.
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lou: thank you. ed henry, fox news chief white house correspondent. joining us, author, columnist, jetted back, former white house special assistant, senior adviser to president bill clinton. and weekly standard executive editor, fox is contributor fred -- fred barnes. thank you for being here. let me start with you. this has crossed a red line. now we hear a drum beat.@ and we're talking about 100-150 deaths over the course of 12 months. why is this a red line for this administration? given 93,000 people have been killed? >> well, i think it is a very complicated situation as all of these are. i think that the president wants to do -- was to be helpful, but it is a situation where it is difficult to know exxctly who is on one side and we want to make sure we're helping the right people. i icated
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and will continue to be. the administration will continue to evaluated and balance our interest as we go along. >> we still don't know who we are assisting in the process. i am opposed to assisting anyone until we are short of who these people are, what they stand for, who rearming. that question still cannot be answered. it is interesting of a sudden that the red line he said before does not count any more. as it is already, that red line, i didn't mean it. this time of serious. what makes the situation different from now? i can't answer that question, can. lou: this redline to mate has been -- the president is allowed to decide where the red line is and how it is crossed. thhs is the crossing. now he is going to go to the. : with a discussion rather than acting on syria. what you make of this? >> i make that he is kind of a voice. and bill clinton says, look, i mean, this story about who we will aid in do not, there are things the president obama can
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do almost demille that will curtail dramatically the massacre of a syrian civilian. and one thing, john mccain and lindsay gramm and others have urged over and over again, establishing a no-fly zone, an area where a safe zone, where syrians and some of may bee-- where they're save to shoot down in less serious planes. don't they have jet fighters? why does this have to be a u.s. initiative? what is our specific interest in syria? >> it's a huge interest. it may show up and pulls the ppople who don't want to get involved in the civil war. this is not a civil war. the russians involved, hezbollah . lou: more excited by the minute. free to go into a conflict of
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russia. >> do we just sit by while russia expense, since weapons of all types assyrians says they're killing people, a threat to their neighbors? and the bottom line is this would be a tremendous setback for the united states if assad stays in the tremendous victory for the iranian people. lou: and i exceed to all of that , let's say, hypothetically. the fact is that we have been in afghanistan since 2001. we have been in -- well, a decade. we are not doing very well there. when will there be a stray far discussion of the limitations of massive power? when will there be a discussion about the appropriate attention? why do we, as a nation, have a leader who constructs a red line based on the use of chemical weapons, comes back with a full
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report that 100 to 150 people have died of the course of 12 months, which we don't even know and have no evidence of that we can observe. and why don't we draw red lines when -- how about 80,000 syrians? how about 90,000 syrian stayed? why can't this country's leaders make sense, richard? >> i think much of what you said up until this session of this redline concept could be articulated and supported of the president's position. lou: and not care about supporting the president's position. please. i want you to address. this is about time that we starttd making sense. our leaders are not making sense. you have a 72-year-old republican senator running around. >> a very complicated world. lou: it is. start thinking about it instead of talking about silly redlines. >> while we would all like for things to be more clear and for these international conflicts to
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be more simple, they aren't. and they do not lend -- lend themselves to simple solutions. yours is a good idea. we should all strive for that. the president's comments recently about where we should go the way for. lou: common sense. common-sense. common-sense in the national interest in copper breed as@ predicted desperation late. %-but we live in a complicated world. you cannot always -- lou: ww have to go because richard, it's not a complicated rule that there. that did not know existed. >> we just want to know what the long-term objective is. lou: sarah out of time. thank you. we appreciate it. coming up next, a former arkansas governor -- actually tomorrow, mike huckabee joins us to talk obama administration scandals, whether or not the president is officially reaching land tax status. we would like to hear your vote. a triple digit rally on wall street after triple digit drops for three days.
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the outlook for the rest of the year here next. stay with us. it gets better. ♪
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♪ lou: joining as now, irene aldridge, managing partner of of such trading, author of the book and here it is, high-frequency trading, of practical right to step back -- practical guide to algorithms trading strategies. and recommend this. this is heavy. and we're glad you're here to get this through it. >> is a pleasure. lou: that me turn first to these markets. i am sort of lacking because we have had person after person on the spread to -- broadcast talking about all is unsettled. despair. my god, the fed is talking this way and that. we are looking at 180 points today. what a difference a day makes. what is going on with this market? >> this seems like what is going on, a lot of uncertainty, a lot
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of turbulence. it comes from europe and is also coming from cell in may and go away wheee essentially investors just sell in may and go away for the ummer. lou: sometimes there are a month late. >> and sometimes they are a month late. school does not finish now until june. there you go. lou: that is one of the impediments. the other part of it is, it seems to me we're looking in a market which quantitatively there is less volume. there seems to be, up to this point, less volatility. and then we have all of this high-frequency trading. but we also have high-frequency trading that has been to monetized. this be his big a monetized. the margins of all our being, well, press. what is the influence and the outcome for investors who are not running high frequency trading, but you want to invest in growth companies and income
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stocks and whenever? >> well, first of all, during any kind of downturn, during any -- if you get the great depression or any big crises in the market, investors always pull out of the market. so it is always the fact that the volumes drop dramatically when ever returns are going down. investors come back with them. they think that's something we witnessed this spring. terms of high-frequency trading specifically and in terms of technology, we call living through an unprecedented stage where the past ten years, the cost of computing powerrhas dropped 1,000 times. lou: amazing. >> it is amazingly cheap right now to install the essentially millions of computers, if you will. the reason the cost system data is not because of wall street has pressure computer producers into decreasing the cost. because video gaming industries. there are so many people playing video games on their computers that there are demanding cheaper
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prices. it. lou: bandwidth, speed capacity. >> yes. so what has happened, it's sort of like we're living through, if you want, the financial detroit. the kind of more positive sense. lou: i'm waiting. >> well, the financial technology is displacing traditional. so there displacing a lot of the people who used to do -- people, making markets and stuff like that. the results, we have a much more lean operation on the trading floor. also, we have the connection costs that has dropped. lou: what is the influence on the market and investors jack what is the license? what is -- this changing world of your people, greater bandwidth, greater capacity, greater memory, greater speed. how does influence a decision to buy or sell a stock in particular?
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and your best counsel to an investor? >> in about 30 seconds. i don't think much has changed. you so affleck fundamentals. if you're investing in a fortified years yet collected the fundamentals of the company. you have to believe in the company, believe in the company's management and the product. and mostly it's the execution, quickly they are matched. it is not so much the long-term prospect. lou: it is a good time to get into this market? >> i believe so. i believe so. lou: you do? >> yes,. lou: the heck with those naysayers. >> i know. lou: i love it. all right. we thank you for being with us. and we are going to come right back. you will be talking about the brand new book, the founding conservatives. trouble with the creation of our founding fathers tell them. and those people who brought those troubles. ♪ the boys used double miles from their capital o venture card
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♪ lou: a new book says light ton -- well, some lesser known conservatives. every bit is important. washington, jefferson, and adams. joining me now, a professor at nyu polytechnic institute. it is the founding in servicemen, however group of unsung heroes save the american revolution. congratulations. >> and honored to be year. lou: and we wish you the very best. massive success. we love the subjects, and i love your thinking on it. let's start with, you point out that two main arguments. it's just going to them quickly, the founding concerted save the
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american revolution just as important, as you said. but who were these onservatives first? why has not much and some have been made of them. >> a remarkable story of the history of the iraq and revolution in itself a fascinating subjects that we on and on about. they save the american revolution multiple ways. robert morris to is or with their richest merchants in america is single-handedly finance the gown and alarming. but then it is clear the army3 would have brought to a halt. securing smuggle weapons from france that again, said the war. james wilson and governor morris to grow large parts of the nazis constitution. so these founding fathers are well known to historians, but every must begin to be left at a popular histories. lou: i find it fascinating, it should not be looking too much to the united kingdom. the foundation of more conservative thought. whether, you say that the first
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modern conservative was british statement -- statesman edmund burke. >> most histories actually trace the birth of conservatism back to edmund burke, a britishstate. i discovered that everything he stood for and said was said about a decade after earlier by the american founding in service so it's actually rather strange and fascinating that conservatism, which is all about tradition and heritage, the roots of its own heritage. these founding in service founded modern conservatism. in fact, i argued that modern3 conservatism was born on july july 41776. lou: and the thinkers, the intellectuals, often cremating thomas jefferson, a conservative? jefferson was actually far more radical and one of the surprising things that discover in the book is john adams is also tattered as a conservative and is quite radical drop most of the revolution. he changes his thinking at the end of it. lou: conservatism itself, give
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us your view today was stated is india's i have to tell you, i cannot always recognize a conservative. >> i think that founding conservatives offered to really important lessons. the first is that they compromised. they fought tooth and nail, then me emphasize that. they fought tooth and nail for this country. they were an incredible patriot. they worked for the good of the nation. patriotism before politics. second lesson is that there were facing the world changing demographic, losing voters. as free men and from the lower class is in the middle class is that the right to vote these conservatives started losing their vote and they had to offer wanting to get their vote, and that was prosperity. they said, we will bring free-market capitalism to america, and that will make this country strong and thh people rich, and that is how they won elections. lou: in these modern conservatives
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neil: good news, hacking news just coming out, in this case, it is not the government that is hacking us. welcome, i am neil cavuto. news from leaker these that we door a hacker, snowden telling anyone who will listen that u.s. spies are doing a whole lot of eavesdropping, you heard me, we're doing the same thing, snooping, snooping on steroids. hundreds of computers in china. same computers nsa officials believe have been behind the attacks on u.s.

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