Skip to main content

tv   Cavuto  FOX Business  June 29, 2013 6:00pm-7:01pm EDT

6:00 pm
ne: well, who says the white house doesn't talk about sff that's illegal. that's not so. the president's been talking 5 lot about illegal immigrants and finally making them legal and russia holding edward snowden still saying, well, that's illegal, but when it cooes to a certain irs scadal or justice department scandal or a pattern of health are department related scandals, not only does the word "illegal" come up, not a one scandal comes up not ever. be careful about a president who picks and choses what he fds illegal. history suggests the real events ultimately determines what is. welcome, everybody. i'm neil cavuto, and as e end this week, this just sems weak, a pivot that, wll, makes me
6:01 pm
vomit. a president deciding when a legal issue is so big he'll talk about it, yes, if it's the supreme court rulig on gay rriage, yes, if it's the same ruling on voting rigts, and, yes, if it's voting on illegal immigration ll. all illities haveo be addressed in society, but not the others bubbling in his own administration. now, good lawyers now how to deflect, and this president is a good lawyer, butthat doesn't mean he doesn't have a good many scandals. now, some that lookawfully illegal to me, but then again, i'm no lawyer, slicing wors, i'm just a voter wanting answers. to larry on whether this pivot is indeed a pivot, and if w should be worried about it, or just an example o yet another president chsing to talk bout the legal issues that matter to him and not the legal issues that coull be clearly damaging him. larry, what o you make of a
6:02 pm
this >> neil, you it on i when you said you were a voter because ultimately it's a political judgment by the voters, but the next election's ayear and a half away. presidents don't talk about things --unhappy things unless they are forced to, and he can only be forced in two ways, a fu-blown press conference, that he rarely has, an even in those cases, call on friendly reporters who don't ask the questis or ask them in a nice way, an an election. ththe election is november 014 for the senate and houue. neil: just running out th clock to see if it loses steam? >> of course. esidents always run out the clock on bad news. that's part of the trick of the job. ne: ou told me as a great historian you are, you rub it in myace when i get you ice cream when i'm wrong, that history rewards those presidents who get inront of something, even if they are not responsle for it. john kennedy comes to mind after
6:03 pm
the bay of pigs disaster, he was willing to take the blame, his poll numbe shot up. history rewards residents who try to get ahead something, doesn't it? >> yeah, assuming you have the answers, neil. look, the voters, people generally love nothing better than a president or a politician who's willing to admit they were wrong or to take responsibility fosomething whether they personally did it or not. u know the people, nemo. they are pretty big egoed and they don't do that often. neil: i have it with the big oea, and that's what i love abt myself, but, anyway, do you feel this is going to come back to bite him, though? by singling ut, playing tongue-in-cheek to say, all right, these illties the supreme court's addressing, the senate's addresng, they tter to me.
6:04 pm
the other clear illegalities do not. -eople at home just don't say, wait a minute, you're picking and hoosing here. >> well, if they pay attention, they might do that, neil, but, look, you're talking about hypocrisy, and we've had the conversation before. hypocrisy is the life blood of potics. neil: tuche my friend. good to see you. >> thank you, neil, take car of yourself. neil: you too. ignore the man behind the curtain. the great oz. was an old dde pulling a crank. remember that? whether the president is doing the samehing and it's getting old, and melissa fncis on investors who say we got it wrong. he's not the real crank and he's nots the eal oz,nd someone else is, and if he screws up, we go down. mary katherine, the pivot, way do you think of it in >> i aree with larry that this is self-prervation of politicians, and the president's
6:05 pm
particularly good at running out the clock, i think. that's why you didn't get the obamace regulations until threyears after the bill was passed because he knew if they did that, people react before the election. he's good at this thing. he also has away of lecturing the rest of us how should not jump to cop collusions unless he wants to jp to conclusions, and if it's rayvon martin, what have you, he's happy to act poetic about whatever it is and jump to plenty conclusions, but we are n allow to if there's a bunch of political terms for conservates to target people from the irs. neil: looking at the markets generally, melissa, they are not interested in what he's dong, but what the rea as is doing. >> that's federal reserve chairman, ben bernanke, focused on everything he does and says, and we saw as he hinted that maybe, maybe the unch bowl might be going away at the enof the year if thin cntinue to be okay, which they are not, by the way, if you look to gdp, it's smaller, and the economy
6:06 pm
grows slower than we thought. that's bad news for regular people. neil: what do the markets think then, to that pint, if it turs out whever elective memory the president has about illegal acts, theyreally fester and they really come bacc to bite him, and that it gets to be a realorry, then wh? do they start payi attention? melissa: maybe they pay attention, bt could be a good thing. one thing that happed is it distracted the president more or less from doing more damage to business. he came out making the speech about thenvironment, and that destroyed coal stocks for that day, but asong as he's distract in doing something else, i mean, i had a banker say recently every time they stick their head up, they are pistol whipped by washington. they tryry to doas little as possible. that's not god for the economy, not good nor growth, business, or regular people who need jobs. neil: mary katherine, what do you think of the argument, though, there's a sort of
6:07 pm
strategy to it, that might not be too supid, and that is deflect, wait it out, deflect, wait it out, and before you know it, we're through the summer, through the worst of it, and we still got a year to go to the midterms >> yeah, i mean, it wos well for m ometimes, and i think sometimes, unfortunatelily, because the media is happy to let him playut the clock here. you know, i think -- neil: explain that. i didn't want to jump on you, mary, i apologize. >> no, go ahead. neil: you mentioned a profound point. the media dropped this rs thing very quickly hen they got word orappeared to get word, and melissa's point of fact it was not what it appears to be, liberal groups were included in the witch hunt, and that gave th a cover to drop it. what do you think of that? >> yeah, ithink itt did. the irs comes out again saying, well, okay, there's six -- the actual data hows six liberal groups in hundreds and hundreds of conservative grops. it doesn't fly. they are happy to let him swim
6:08 pm
along and avoid things. on benghazi, for instance, would we hav gotten questions answwred unless republicans and a few reprters had kept asking question, and they were, of course, trashed by other people in the media. i think asking these questions is key, and part of the key is fixing these problems so that pele have some trust, maybe occasionally, in the federal government making all systems work better. at this point, a lot -- neil: no, no, that's interesting because to your point, melissa, that what scares me he most is how much the media tires of these various scandals, and doesn't really want to dig tht much in it because it's just - i almostee them dragging them oh, i got to uncover this, and when you got word of the liberal things, ooh, good, we can drop it. without doing what youid to fi -- >> no,look to the bottom. it was asmall number, and their names were jus put on the lookout list. it was not --
6:09 pm
their application for the tax exempt status was not held up. thhy didn't aually recee the same abuse -- neil: the media takes that and says, oh. >> they are tired of the story because it's not playing the way they want to. they feel there's balancein there. both sides get i which was not theecase, and it's okay to drop it and movee on to something el. neil: mary kathene, final word. >> yeah, thank they don't want a story that makes the administration looks like they fulfilled the worst nightmares of the te partiment they want to act as if it's pair know ya, but it's not what tey get you, and that's what the story shows, anin order to fix it, you have to figure out that that's the problem, andou have to shine a spotlight on it. whhn he's able to run out the clock, we don't get slutions to the problem. it can happen in the future. neil: ladies, thank you both. it knows who you call and e-mailing, and when you thought the nsa snooping scandal couldn't get worse, ha, it ets
6:10 pm
♪ ♪ ♪ [ male announcer ] if you can't stand the heat, get off the test track. get the mercedes-benz you've been burning for at the summer event, going on now ayour authorid mercedes-bendealer. hurry, before th oppornity cools off. [ agent smith ] i've found software that intrigues me. it appears it's an agent of good.
6:11 pm
♪ [ agent smith ] ge software connectpatients to nurses to t right machines while dramatically reduci waiting time. [ telephone ringg ] now a waiting room is just a room. [ static warbles ] [ telephone ringg ] now a waiting room is just a room. there is a pursuit we all share. a better life for your family, better opportuni for yo biness, a better legacy to leave the world. we have always believed in this pursuit, striving to bring insight to every iestment, and integrity to every plan. we are morgan stanley. and we're ready to work for you. neil: you know, i really think the nsa is turning into me. the house guesest who will not leave. i'm that guest. i am the nsa.
6:12 pm
what they are oing is wrse than what did at your house being a couch ptato, litening in on your calls, and even learn, well, what your e-mails are about, read every single one of th. that what theirs is charged with doing antensa re to the point mining millions of them to see who sent whatand when. snooping that's getting exhausting. liz? >> here's the problem. i mean, americas really want to catch terrorists. they support the government, saying, yeah, catch terrorts, it's great, let's do it, but when you do it without really indicating to congress what you're doing, and then going after the fact t get congressional review of what you're doing and when it's e-mails, e-mails bother me because they show your location, also, what aout what you write in the subject line of your e-mail becausehe nsa says we didn't view the coent of the e-mail. they use subject lin all the time, and what bothers me about the story too issenator wyden askethe director of
6:13 pm
intelligence, james clapper, are you collecting data on millions of americans, and he flatly said no, and now we have an e-mail controversy popping up. neil: they say tere's no ews here. >> no. neil: what do you think, james? >> i'm flattered they are reading my e-mails. you know, most of the time, i nd them, obody responds back. when i make a list of, like, the top things that are, like, on my mind today, my problems, nemo, you know, i mean, you know, probms with a specific customer tod, i have a big softball game sunday, worries -- playing on he softball team, and whatever the government is reading in my e-mail, believe me, read whatever they want. if it's helping them protect and provide that secuty, it's st not on my list o the 50 things i'm worryg bout, and it has not been. neil: okay. adam, is i on your list of worries? >> well, no -- wel, yes and no. first of all it's a joke to say it'sine if they read my
6:14 pm
e-mails. we should be clear if what we know so far they are not reading our e-mails or listening to our phone call but looking at the data and trying to mine something with it using algorithms to try -- neil: you're rght, you're very right. you know once you have all that stuff, the next step would be eavesdpping, the ext step is reading all of the above, and by the way, just cllecting the e-mails leads me to believe they are not just sort o sitting on a desk or on a computer. >> well, nemo, the next step you raise is the least troublesome ofll because the next step wowould be, you know, d-fashioned going to the judge and asking for -- neil: i don't think it does. the history of the government, don't think they bother with the judge, and liz's point, it's after the fact for this stuff, it concerns me. that's the ccern. >> that's where i said i'm concerned, neil. ompletely support tha we, you know, we investigate this, write about , make sure that they've got permission.
6:15 pm
>> the thing, too, is who ha security clearance to do this? the thng is, they can ay they are making -- thathey are not reing e males, but -- -- neil: i don't believe a word i'm hearing. it violates the fourth amendment. neil: exact limit it's only a few conservative groups turned to be huneds. we never went after ndividuals, buit was several big donors. everything you've toldme, government, irs, is a lie. when we first up ced the p reporter targeted, that was it, only a few, but it extend to a fox news reporter and executives. i dn't believe anything you say. i'm never confident that anything you say ended. that's the point. >> i understand that, neil, but en you -- neil: you're too busy playing softball, and you're willing to let the government continue to play hardball. >> i've not been hitting well recently, and it's on my mind. neil: keep playing, running around the bases, and they are running and destroying the country.
6:16 pm
>> when i think about security, does the government have the resources to read my and liz's -- >> se th do neil: yes, they do! >> you're a niceerson. >> you're a nice person. >> don't take it the wrong way. they don't care what's in your e-mail. neil: oh, really? how did james rosen get caught up? >> it depends on who the person is, and, look, there's 3 # 30 million -- >> she's one of the most celebrated reporters in america. no, serious. i'm just saying, and adam, this worries m when so much -- neil, come dawn, don't be worried, i mentioned on thshow, the twilight zone episode where all the guys from planetearth run into an alien spaceship, and it's a cook book and they get he ingredients in someone's salad. your answer. >> well, what i'm saying is, neil, don't calm down, go ahead, be worried, bu that we want to work with the government to do this well. >> seem worse after the fact.
6:17 pm
neil: very understanding. >> i'm understanding, but i'm trying to -- >> understanding to a degree. i don't like that it's worse after the fact. the news comes out, and it's rse. neil: next's week's team is blaming the irs also. >> no fly balls, hit it on the ground. neil: in the eantime, gobble up, pay up. how washington wants a bite from how washington wants a bite from your wallet for every bite you
6:18 pm
6:19 pm
6:20 pm
neil: that's going to cost him because in washington, taes on
6:21 pm
home or loan pay down the entire national debt. a new vernment sponsored study showing a calorie tax helps cure the obesity crisis to resolve our financial crisis. now, an agriculture department official is agreeing. they are calling this a fat tax. the attorney says fat chance. ashely, what do you think? if you tax food based on its calories or by some extent how bad it is for you, you make a killing, and you can stop bad behavior, make the government some money, jus like cigarettes, what do you think? >> right. well, the lat thin we need is more taxes so this isjusta bad idea all around. you can't tax someone to force them into good behavior. it didn't work with cigarettes or alcohol. neil: they argue with cigarettes it did. i agree with you, but they argue thatyou know, smoking is way
6:22 pm
down, and we've madd it so prohibitive forsmokers that look a how life has chaed. >> you know, though, i don't agree with that because if you ok at the socioeconomic classes of smokers, it's not the rich people necessarily the majority of smokers, and s i disagree that the tax has anything to do with that. i think education had something to do with that educatin the people how horrible cigartes wereor us, and we sort of had public osarrizing of smokers not allowed to smoke in airports or eating establishments with food serv, things like that. kneel noel i didn't think of that. good poi. be caref what you start with here because what es with forbidding smoking or making i more costly leads to prohilting in establishments. i could actually be arrested for eating a twinkie at the corner of 48th and 6th, which i've one many times, by the way. that's an intresting extension of that. >> right. it's free choice.
6:23 pm
i think it's free hoice what you decide to put intoyour body is your free choice in the neil: the smoking thing is dierent in this case, that that could, secondhand smoke is dangerous, all that, and i'm not hurtanyone outside of my myself eating all of this bad stuff. they might be ffended by how i eat. i tend to be a sloppy eater, but that's not compromising hair health. what do you think of that? >> right, definitely. there's a flip side. if we tax calories, we hurt people who are doing thhe right things, some athletes, i run some distance races in the past, and i ha to conume ore caloes. why should the people doing a healthy activity be punished with the calorie tax? neil: the problemas well is what you start taxing, you don't stop taxing, and cigarette smokers found out wen fewer of them appeared, the tax all the more on those still smoking so
6:24 pm
it's, you know, it has an unending nature to it. where's l this going? >> i think it starts at home. at we should do is there should be more eduation and parents shld teach children how to eat healthy ecusethe study was based on childhood obesity, a horrible epidic, but the more eucation we have, then the better off we're going to be and able to make bettr food choice, and maybe we ought to help the farmers so that fresh fruits and vegetablee are easily available, readily available, and less expensive than taxing other types of food that we don't want people to eat. encucialg good eating, but discourage bad eating, but not with taxes. neil: very good. thank you very much. >> thank you. neil: short, sweet, and ends silent. silent f for now, why lois lernr may break her silence soon because of this. ♪ >> i have not myother made the best toffee in the world. it's delicious. so now we've turned her toffee into a business.
6:25 pm
my goal was toake an idea and make it happen. i'm janet long and i rmed my toffee company through legalzoom. never really thought i would make money doing what i love. [ robert ] we created lelzoom to help people start their business and launch their dreams. go to legalzoom.m today and make your business dream a reality. at legalzoom.com we put the law on your side.
6:26 pm
6:27 pm
♪ neil: lo iring's s, please see us. still not talking, but house republiians wanto be sure she does dragging her back to capitol hill again to get her to talk a little longer, again. the house oversight committee voting today to do just that. congresswoman, many of ur colleagues argue, some of your mocratic ones as wel, that she did leave herself open to this because with that introduction statement of her, she ok all that pleading the
6:28 pm
5th nonsense away. is that your take as well? >> that is my take. she said she broke no laws, didn'to anthing wrong, that she didn't violate irs rules and regulations,and thatshe did not providealse testimony to congress, and then she invoked her5th amendment right. we have beelieve she waived her fifth amendment right against self-incrimination when she made those assertions. it's to the extempt of what the did say. we he the rght to cross-examine her. neil: have you heard back from her? >> we have not, but we d pass a resolution today sying that we believe that shewaived her rights, and now -- neil: what if she says no? >> i she says no nd, again, comes in and nvokes her right against self-inrimination, then we'll have to make a decision about wheeher to hold her in contempt or not. neil: what if she says she's not coming at all invoke the right, been there, done that,
6:29 pm
not doing it again. >> well, then i believe we hve the option to explore whether or not to holld her in con temperature. if held in contempt by the committee, it goes to the vote in the house of representatives, then a us. attorney who then takes matters toa grand jury. plenty of legal rights still to come. neil: can you update me on the lab rail groups targeted as well? hearing there's not tha many group, and they might not have been targeted to the deree certainly conservative one wrs. what do you know about it? how big was it? >> we don't know the extent of hog it was yet, and that's why we want to talk to more people from the ir who were involved in making the decisions about these be on the lookout memos that were snt around within the agency aying, hey, be on the lookout for people who have tea party or patriot -- il: way about the liberal oes
6:30 pm
with the words "occpy" or "keystone" in t name? were they- >> occupy? neil: was that any of them or just a ruse, what? >> we don't know et, but there's targeting of conservative group, and whether or not the was targeting of liberal groups we have to know because as you know, neil, the page is turned on this. you can have a conservative administration go after a liberal group or vice versa if we allow the irs to run amuck. il: that's the bigger point, isn't it whether this turns out to be true or not, that liberals were targeted even to the degr, it's not what the irs hould be doing. >> tareting is targeting. liberals, conservatives or some other wa out group. that's not the point. the point is do they deserve tax exempt status and when do they deserve it? in timely mnner,at least a
6:31 pm
decision when hey deserve it should be made in the timly manner so thecn appeal that decision. neil: congrewoman, thank you. >> you'r're welcome. neil: skinny jeans, fat controversy, the war over slim jeans that could chang my weekend wear forever. the skinny, ne (announcer) at scottrade, our clients trade d invest exactly how they want. with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. us, when i call my local scottrade office, i catalk to someone who ows how i trade. because i n't trade ke everi'm with sttrade.ke me (announcer) scottrade. awarded five-stars from smartmoney magazine.
6:32 pm
6:33 pm
neil: the drama over den anyone. the european union dramatically increasing a tariff on american skinny jeans. i'm not talking bigbaggy mom jeans up to your chn, my weekend wear, by the way, but jeans tapered so tightthey look lickdenim stockings. the california mnufacturers behind tem are scrambling to deal with that figuring the european frms are perfect for their stuff, oer than the french. to the business blitzer on
6:34 pm
europe piling on on the blist against america. what do u thin >> it's great as long as you have less competitive industries abroad, but what they ar signalinis we want to protect our own indtries. skinny jeans, if they are catch shes there, they pay whateve it takes to look good. neil: al, i didn't knowabout skinny jeans, i nder wh, but i -- i wonder as well what the european have against them, asming they make plenty of he same. >> well, this is a retaliatory strike we raised tariffs tey are raising them back. the whole world is engineered by banks from dropping money from helicopters. the strong doll makes it harder raising tariffs, this is what happens. it's one thing leads to another. frankly, i'm surprised they fit in them after eating our mcdonald's hamburgers. neil: wat's otrageous is the
6:35 pm
video bringing me up to date on this issue. i think we have to keep rolling this, guus, extremely lowly, frame b frame to get to the bottom of it, but you say, keith, we're not going to mak progress? it goes on and on and n and away for the europeans to ensure they never get there? >> we've seen this time and time again frothe 1920s, 30s, and 40s. itdoesn't matt, agriculture or jeans, dosn't maer. there's high unemoyment in europe, costs o of control, and we know from history that protectionm hurts the consumers they try to protect. the arguuent is a very socialist one is who you are informing. are we protecting the manufacturers or the consumers? i don't know the answer to that, but it will c neil: i don' know who put this together either, but i'll find them. in the meantime, nike just doing it in the u.s., but just in the u.s.. anywhere else, not so much. the neaker make r out with good numbers here, and it's not exact hi sppeading out tere.
6:36 pm
al, is the rest of the world nike achilles heel? what's going on? >> it's hard for american companies to grow if europe is owing. well, we got used to that sto, t china is slowing. where are they going to sell? ll, the answer is in the u.s., there's a boom going on here, and hopefully that lasts. i don't know how long te americanconomy can continue toyou know, turn outhealthy consumers when, you kw, the company's can't grow, so i don't know. i think nike had a pretty good report, but, you know, i think the stock is reacting to the fact that there's a lot of uncertainty. ne: always the same old hing with the companies. they got cautionary warnings; right? nike's to be taken seriously with great reserve, what? >> you know, i think nike gets a big fat timeout here. you know, the fact of the matter is that they've been there, they've done that, not jst doing it anyre, an the competition in china, i think, is the real issue, it's not that
6:37 pm
sales are slowing, but chinese brands makeserious impacts into otherwise fickle consumer base, and i think it's only natural, unfortunately, they are caught in the middle of this. neil: hated e advertising campaign, "justdo it," i will, i will, when i feel like it. as we get to our third issue here, no need to walk to the bank when thbank is in yor pocket. go bank is the first one designed to be used on mobi devices. here'she twist, only mobile devices, no such physical structure to go to. it's a bank game changer, is it? >> i hate the word "game changer" because then yyu wonder what the game is. neil: so do i. >> me too. neil: do you think it's a game changer? >> i rember thhe first internet bank. i don't know what it was, but -- ne: ing; right? >> it was a game changer. if they succeed, everybody knocks them of and it's not a game changer, buta new game.
6:38 pm
i like the company. i get press releases from them d there's research and surveys, and they are a clever bank. the idea people pay what they want, 0-9, see unge that lasts, you know. they say yeah, we work for tips. i don't know what banker woks for tips. [laughter] il: keith, t the point that you can offer people maybe even jeanou can order online, but that you can really drastically reduce your costs if you on't ha much of a physical structure that costs >> right? >> well, you know, that's a great idea -- sorry, al. there'a great ea in here making people pay what they want to pay, but thisremind me n awl lot of what happened in napster when it was legit. it's a cosumer base, free banking clients are not the multimillion dollar clients banks want. it's easy to movefrom oe free offering to the next.
6:39 pm
i wonder if it's ever prfitable. neil: the mobile devce botching a blackberry come back. shares falling as much as 26% today after the company's firsst quarter earnings really missed the mark. al, what do you think of his? >> a big disappointment. you know, i have a column back in february about how they a coming out with new phones, a cool phone, but it was way lte to the markets, and then, you know, after they announced it and, you know, sent it off, they were not sending it off here, you know, basically, they e getting clocked. they were clocked by appe, now apple clocked by samsung, and improvements seen in the technology are so incremental, nobody has to run out, wait in line, you know, for a new phone so this doesn't surprise me at all. i think blackberry's -- they are going to be in trouble. neil: what i do notice in the cases, keith, is how quickly the leads changes like the america league east in basall, boston, baltimore, the yankees, but it's
6:40 pm
that tight. don't assume its your birthright to stay on top. blackberry used to own it. apple cae in, and now, you know, samsung with the array of phone products is a threat. my point is that, you knw, blin like the weather, this too shall change. >> well, this is like eastern airlines, palm computing. remember those? the first end of the market doesn't necessily survive. it easier to become number one than to stay number one. blackberry's extension, and ey are the only onesho d't know it. neilreally? you think this is it? >> do. it company in the death throes controlling less than 5% of the market, droid took over the market. if you don't see guys controlling the toys and stereos with anything else with a blackberry, but apple and samsungs. that's the center of the universe and existence for 20-30 years, and blckberry's not there. il: guys, thank you both very much. >> thank you, ne. neil: from the nba to jay-z,
6:41 pm
nobody is fair to push this health care plan. are the stars keping their distce because they dot thinthere's anything to pitch? ♪ dry mouth definitely affected my self confidence. it's debilitating when you try to talk, wyou're trying to eat, when you're trying toleep. i'm constantly licking my lips. water would address the symptoms for jt a few minutes. the hygienist recommended biotene. it's clean and refreshing, i feel like i have plenty of fluid in my mouth. i brush with thbiotene toothpaste and i use the mouthwsh every morning it's changed my life. it is the last thing i do before i walk out the door. biotene gives me that fresh confident feeling.
6:42 pm
6:43 pm
6:44 pm
neil: could i see that graphic again, guys? ♪ il: says it all. the g.o.p. pressing the nba and nfl to think twice on promoting the health care law. so bad nw we have sial
6:45 pm
graphics assigned to it that are expanding. the digital health records, huge and expensive part of the law, found to be riddled with errors, ann the rush to confoorm to the w, the errors have absolutely resulted now in th deh of somepatients. that is the reason aong many for everyone to run away from th, including those famous athletes. doctor, it's ridiculous, absolutely riculous. >> run and run faster. i can't believe, neil, they are trying to reruit the nba and the nfl to put their names against sometng that's completely hollow. what do they want them to sell? there's noinsurance exchanges up, nd people have no cle in terms of what they are going to sign up for, and i find it hard to believe they are trying to recruit ch famous peple or today's students or librarians. it's a ridiculous effort to --
6:46 pm
neil: i see the method in he madness. you want to seek out young people, and young people watch football, yong people watch basketbbll, ect., so you're see i by eeing wonderulience and things abouthe health care law, they sign up. we need young people to sign up, you ow, to pay for the oder americans who are leaving the work force and really responsible for much of the costs of health care. >> well, if any of the basketball players like cob, kobe bryant understands the health insurance law to sell it to somebody, i want them to sign up too. neil: i think he's not awarof it, but he'll say, forall i know, there's a health care la insignia they might have patched on to the sures, whatever, and that's it. kobe likes it, i should like it, i should sign up for it. >> that's the target audience they got to go after. you're right. they hve to focus on the younger audience betting on the
6:47 pm
fact the younger folks will sign up for the insurance, and they probably don't nee probably c't afford, to make upfor the losses that are going to be incurredded because the insurance companiesneed to cover everybody else. neil: all right, if they can't do that, the have -- the simle math works against them in the hope they had by now to cover everyone with preexisting conditions and cover all americans, priod, you need young people sning up to support this. >> yeah. neil: and they are not. furthermore studies show they are t eager to, and ad to that the fa tha a lot of poor americans don't think thy can and won't and e or ensuredded completely don't thi thisis worth their while. what t hell did we hae the heth care systetem to do this? >> with the hope we get to a single payr system because this fails, ithink. knl they'll there was a goa to do just that?
6:48 pm
we mig get that? >> we might by default, and we have talked about this. remember even sitting on, you know, the roooftop of the museum as the law was being passed. neil: i remember. >> and, yeah, thatay ultimately be where it's going, but you mentioned, you know, the whole failure with the electronic medical records, and look at the hundreds of illions oo dollars that have been spent. hhs just released a report to congress his month aboutthe adoption. the adoption rates look promising in terms of the number of doctors and hspitals that are complying, but when you look at the numbers you just talked about on the flip side of the disasters that e happening, ther because the systs are clunking, because people don't understand the technology and th a making mistakes, and wiinhe report,an i've got props here, the bigger problem is that right now,the obama administration is implmented a
6:49 pm
system that sort of looks like this it's a mishmash of systems that came together tha don't connect. neil: what i that? eachther that don't connect.n the i want system we gt to is this. remember thetinker toys? hey don't make them anymore i don't think, but we create a connected system where information flows and information's accessible, but guess wht? the epics o the world hve made a killing in terms of selling their systems, ut the pproblem is nobody's willing to give up e data. every -- we built thes thiefdoms where they don't communicate. neil: i don't know what concerns me more, the health care law or the toys you brought ith ou. good seeing you, very well explained. thank you very much, neil, good to see ou. neil: from hacking back to lawyering up, still laughing, china? china? i don't think so. [ male announcer ] the mercedes-benz
6:50 pm
summervent is here. now get the unmistakable thrill and the incredle rush of the mercedes-benz yove always wanted. ♪ [ tires screech ] but you better get here . [ girl ] hey, daddy's here. here you go, honey. thank you. [ male announcer ] because a good thi like this won't last forever. mmm. [ male announcer ] see your authized dealefor incredible offeon the exhilarating c250 sport sedan. but hurry. offers endoon.
6:51 pm
[ agent smith ] i've found software that intrigues me. it apars it's agent of good. ♪ [ ant smith ] ge software connects patients to nurses to the right machines while dramatically reducing waiting time. [ telephone ringing ] now a waiting om is jt a room. [ stic warbles ]
6:52 pm
neil: i just show the graphic we're not forgetting health care because we move on to another segment. show that one more time to show you -- ♪ the end of the health care crisis, and if it gets more than that and a life and death thing, it moves on. just so you know. anyway, this is what i call fighting fire with fire, bringing out the lawyers and filing suit aftersuit, and it is true, and china's goingo find out fast and the hard w. you keep hacking, we keep suig. i find ll this ift for tt refreshing bause week after wevoed to hack back, we are lawyering up. what do you think? >> how american can you get? if we don't get ou way, we sue the pants off them. neil: what are they going to do? >> my opinion is you got as much
6:53 pm
chance collecting as many chinese companies as you do from tony soprano. you can sueand sue and sue, gooduck with the money. neil: especially now. z? >> i agree the ing is, we can't sue them. the government -- nobody in congress has thewherewithall or gumption to do it because hey are sitting onforeign reserve equato the size of germany. we are panicked about te fact they own so much of our debt and angering them over hagging. yeah, that's a problem. you know, the ckg issue is a problem. 250 bllion loss in intellectual property out of the u.s., 5 lot stolen by china because china has no soft economic pwer, no name brands they areinrested in. that's why they are stealing ur stuff. ne: adam, the only alterative is if they waste time with the lawyers,ust continue to hack, hack back, in othe words, do what you do, but in space, what do you think? >> it's rare, but disagree with rare, but i cmpletely disagree with what she said.
6:54 pm
we should sue, hack ack, we ould pursue deploam sigh we should per sue mlitary, you know, ac hacking options, everything. we havto defend ourself. i'm not the least be concerned or feel at wehould be concned about going after the chinese. i mean, 've got thir money, not the other way around. you know, if -- are we oncerned they will reptriot every investment in our money? i n't think so. neil: they can do what they've beenoing, stop additional buying, and we seem to survive that well. you might ve a point. >> well, ann on the contrary, someone did a ory this week about how the chinese re buying trophy properties in the united states the same way the japanese did in the 1980s. this is just the beginning they want to invest in the united states, and we're going to tell them, essetially, if you invest in the unitedstates, we have the legal system here, and if you break our laws, we sue you. >> i hear that. i hear your points. listen, m not saying no to
6:55 pm
suits, but what i sai was i don't think anybody in congress would do it. by the way, a lot of foreign investors are running aay from the 30-year bond, an so that you see at yieldsgyrating. china is sayig, wait a second, we may not buy anymore . debt. ne: if they are stupid to buy $95 million pent house in central park, have at it. >> do you think the chinese stop hacking becae of the lawsuits against them? neil: in all cases, the point is, have to get tougher. what we have to realize, and i know i's like donald trump here without being so bunt. they need u as much if not more than we need them. how do you get the point across whatever they do, couing to do this is not this ther interest? >> you have to fight, instigate lawsuits, show distracted employee my, nd talk tough.
6:56 pm
do you think the chinese stop hacking? no, they are not. the bg -- neil: we just hack in space. >> biggest defense >> i disagree. >> protect wrg and then, you know -- neil: why do you disagre, adam? >> because there's two aspects to this, mmercial and military. neil: they hack both. they are hacking both. >> right. that's whyou have to -- you e a crude metaphor. you have to get in their face at every opportunity. neil: wait, white, wait, wait, wait, woah, if issadam saying, "in your face," and this is what a gentleman you are, adam. >> i try, neil, you know i try. neil: that's me in the morning, and i evate from there. >> we tried to get in their face in two decades. they don't spect us. treat it lie, you know, get out of here. it's like the same issue withu saying, hey, oec is a cartel,
6:57 pm
and we have not done anything about opec beng a cartel and fixing prices in the oil market. i don't think a lawsuit has impact whatsoever. they are just going to break it off. >> they are not breaking laws in the united states. we have a good marketplace here and the chinese clearly want to be a part of it. neil: i don't know. they are go nowhere. here'shat i worrybout because i want y to be aware what a crisis this is ongoing, switching gears back to this. ♪ you know, the guys here slip in special graphics, and i don't appreciate the hard work they do to get that out there, but we can see that again, time and energwept th. ♪ that is the gofyist graphic i've eve seen mocking the crisis that's out of conol, but it may be pieces of the said cris. what do you think of how this is getting out of control? you're hinting at not the
6:58 pm
graphic, but there's reports of more abuses, reports hitting up the nba, te nfl, right after, weeks after hitting up companies, private companies to pay for promoting it. it's out of control. out control. worse than our graphic. wh say you? >> no further comment on that. neil: are you a lawyer? >>ot in the least. neil: good thing. adm, what doyou think? >> if i don't have to -- this s the effort to give 20-30 million more americans access to health insurance, is that what you refer to, neil? neil: many who don't even want it which is odd that we up ended everything for them, and they don't want it. isn't that weird? by the way, that necessitates thedramatic graphi development. take a lk [laughter] ♪ neil: run a crawl there, people who got it, don't want it. >> health care, e reform, yeah, we wanted help insure what adams saying, but it's abou
6:59 pm
to explode on the launch pad. maybe the graphic is about to explode too. neil: like a launch padmobile devices tiff. >> th graphic designers do a fine job. they work hard, it's an excellent graphic. eil: this one, guy, weigh this, look at the graphic again. i'm not a fa ♪ i don't think it saysbatle to me. i don't think it says this isis and on the brink fear thatifer enogh. ♪ >> it's justa red asterisk. neil: you'l get kicked in the asterisk, good point. time thoughts? >> on thacking the chnese, ry to get insurance ratr han giving up. neil: getti in everybody's face, getting rude. >> trying. neil: i'm told that all graphics are being removed from the neil cavuto show as is any mention of neil cavuto period.
7:00 pm
that'ldot. remember if it's a crisis -- now that's a threat. that one's a threat. see that! e flag, ed of he world. have a great wekend. . >> tom: it was a busy week is for the supreme court. first, an issue that will impact your pocketbook. obamacare. only republican presidential candidate said she knew how to dismantle will it. now she is leaving congress. we're going to be talking to michele bachmann right here. >> tom: thanks for joining us. here at the top of the stack, all the republican presidential hopefuls promised to get rid of obamacare but only one said she

159 Views

info Stream Only

Uploaded by TV Archive on