Skip to main content

tv   Cavuto  FOX Business  July 21, 2013 6:00pm-7:01pm EDT

6:00 pm
charles: and the unions get big payloads and residents get handouts you have a city like detroit down for the counter. i am charles payne in for neil cavuto. $18 billion budget hole forced to declare bankruptcy trying to get creditors to take a fraction to walk awa also helps you deal with the pension problems but it is trying to get every penny it can in refusing to back down in the big reason meniscus says it is in this position
6:01 pm
in the first place but we could forecast this a couple years ago. >> and interesting development 're not sur what is going on with the bankruptcy. it looks like being mean violate to michigan state law which it is a sad day when one of the greatest cities once called paris of the midwest forced into bankruptcy but also gave help maybe could get on financial footing but it is all up in the air and once again because of a lawsuit. charles: like greece greece, portugal, spain that does not necessarily make the problem go away. >> it is like a new plan and rebuilding is spend $100 million more than it
6:02 pm
check-in. what did they think it would have been? the population decline dramatically since 2000, 40,000 buildings standing empty. half of the traffic lights in the city don't work. this is a crisis staying out of bankruptcy will not solve the. they need a plan to deal with the overspending to give the life back to the city. charles: we see some businesses one of the pizza chain's other bringing people has a technology center but those who get the tax breaks but for those residentsuesday they will not get anywhere? >> it is a massive
6:03 pm
population lost, the correction, and sustainable promises for the union but it is also the crime. one of the most violent cities in america for the last half century, it is almost one h hour if you call the cops it is so bad they are stealing copper wire from the of light post 40% are out. i know now what row have been to the businesses they will have to do something. charles: i think they can keep the new businesses and sheltered but to talk about the economi highs spoke to a professor 47% of the adult population is ilterate but the mindset no matter how much money you give people
6:04 pm
they are not prepared to be more accountable to figure this out, th we're right back where we started. >> we need to see rivers, rivers, 36 percent f the city living below the poverty line. but it echoes back to spending money on the wrong things. bloated pensions and health care for the retirees and i understand there were promised the money but at some point of the promise is alive you cannot pay it. instead they should be spending on the city's future. maybe tax incentives perhaps educational programs but it is a way to find a way for words opposed toaying union employees. charles: it feels like it will be a free-for-all. 150,000 homeowners did not pay property taxes in 2011.
6:05 pm
residents will say what about me? >> exactly. now even talk of love belau. where will that money come from? if there is a bailout? but just to pay liabilities even with the national level charles: a lot of people feel we're aded that way. have a great weekend. we are already hearing for a bailout now saying the city could use that federal help it is now saying it is'' highly unlikely and now how detroit could dig a anethole. >> it is unlikely and melissa said that there is
6:06 pm
the opportunity for that to have been for the city to put together a plan to sop is craziness to let everybody focus. >> is like monopoly. creditors will have to take a massiveit with these lavish promises called paris of the midwest. not any more but if the key promises they cannot keep? >> may help in the future that they can't if they can stabilize but they cannot go forward. charles: they have to make hard decisions they cannot say if they are better in 10 years we will revisit the right n how will this play out? this could be long and drawn-out.
6:07 pm
>> it will for sure this city will have to negotiate and me restructured, they will lookout to raise revenue. charles: this is the problem that iave. i read the 40 percent of e peace -- people in greece have ner been on the internet but when you have these problems you can throw all the many in the world but how can they take the ban to roll with it? >> the reason it is different but at the end of the day there is a structural problem the hope to keep the people it begins
6:08 pm
to come back. charles: how important is the political salesmanship? everyone has to sell the city on the ideait is the ultimate shared sacrifice. >> it is based on confidence especially in the city the idea to adjust the data to make it so hopefully the city manager's can do that. charles: at the end of the day it goes through the bankruptcy judge and they will have all the power. >> gasoline to oversee and did the minister. charles: we could see something done withespect @% the bonds or the pension obligations this could have a new legal parameters. >> but that will be initiated by the city of like corporate bankruptcy
6:09 pm
but to the process to have a restructured. >> that will have to be draconn. charles: one year from now reducing this will be good or the beginning of the end? >> is giving the city manager's in the interested parties it will probably take more than a yea. charles: they should have done this sooner? you were fantastic. christine o'donnell says she was a target as the tea party and sh has approved. the "rolling stone" cover controversy out of control controversy out of control anon
6:10 pm
is man is about to be the millionth customer. controversy out of control anon would you mind if i go ahead of you? instead we had someone ahead of him and win fiy thousand dollars. congratulations you are our one millionth customer. nobody likes to miss out. that's why ally treats all their customers the same. whether you're the first or the millionth. if your bank doesn't think you're special anymore, you need an ally. ally bank. your money needs an ally.
6:11 pm
every day we're working to b- and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in t world in fact, 've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. charles: now more people are saying they're targeted by the irs.
6:12 pm
christine o'donnell says heard tax records were breached. welcome to the show. explain what happened. >> they keep dragging me. to hav the criminal investigator is that on the very same day that i announced m u.s. senate campaign and a u.s. dollar state official hhs an appropriately and illegally access my a private personal tax records. from what the investigator told me th had been compromised and ms. used. but on this very same day that i announced a campaign and that tax records wrote a illegally access the irs placed the erroneous tax lien on the home that i no longer alone they and that followed mthrough the campaign even though the irs
6:13 pm
admitted it was a mistake and they said it was a computer error. i think it is very important to note that criminal investigators brought this to my attention. charles: during the campaign sieve -- and did you talk about that? i don't remember this coming up the you were being targeted. >> no. it came up a lot. lot of misinformationas used as a political weapon. the point here is that if the inspector general's office has evidence to suggest that my records where -- were inappropriate the access and they need to investigate and i am thankful senator grassley is office is investigating and we're hoping to the
6:14 pm
department of justice will take the right course of action and mine is only one of many cases where political candidates the word donors have their record access to. charles: i you actually hearing from additional people now? >> about their records? absolutely. in the washington times accommodate it did at least two stories on this with all the facts right. one of those is on our web site if they want more details. there are at least eight other people who have had their tax records and is used and illegally access by the irs. if somebody is in a position to have access to confidential records and are abusing that position, that
6:15 pm
is a grievous offense in the department of justice could involved and i am dumbfounded eric holder will not pursue this. charles: are you really dumbfounded or just frustrated? >>. [lghter] this is about restoring fairness to the process you can disagree 100 percent of what i stand for but you ould agree that the government should not abuse its power or use the irs as a political weapon in. there is glaring evidence that has happened in my case or at least eight other cases. if eric holder will act in a neutral position as opposed to a partisan operate. charles: he is attorney general for all of america. but with your political action committee we never heard anything from you.
6:16 pm
are you considering running again? >> the seat that iran for 2014 is up in 2014 but i can honestly say that i don't know what i will do. part of that is because of less bareness is brought back to the process, it inhibits every day americans from getting involved in that is why i am grateful judiciary committee and senator grassley are not giving upper up. charles: a lot of people still want you to run. >> a director say i am very grateful for the outpouring of support and even since the storyroke. thank you. charles: tired of paying that phone billvery month? there is help on the way. ♪
6:17 pm
if you have high cholesterol, here's some information that may be worth looking into. in a clinical trial versus lipitor, crestor got more high-risk patients' bad cholesterol to a goal of under 100. getting to goal is important, especially if you have high cholesterol plus any of these risk factors because you could be at increased risk for plaque buildup in your arteries over time. and that's why when diet and exercise alone aren't enough to lower cholesterol i prescribe crestor. [ female announr ] crestor is not right for everyone. like people with liver disease or women who are nursing, pregnant or may become pregnant. tell your doctor about other medicines you're taking. call your doctor right away if you have muscle pain or weakness, feel unusually tirered, have loss of appetite, upper belly pain, dark urine or yellowing of skin or eyes. these could be signs of rare but serious side effects. is your cholesterol at goal? ask your doctor about crestor. [ female announcer ] if you can't afford your medication, astrazeneca may be able to help.
6:18 pm
[ female announcer ] if you can't afford your medication, the math of retirement is different today.ek. i don't want to pour moneover pie charts all day. i want to travel, and i want the income to do it. ishares incomes etfs. low cost and diversified. find o why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus, which includes investment oectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal.
6:19 pm
6:20 pm
charles: one new company works if you are looking at advertising yocan be rewarded with more mobile data. we have the ceo and this is a novel idea where everybody gets away from that you say if you listen you can be rewarded. >> we have been interesting idea we are trying to grow the whole mobile ecosystem. with the mobile internet usage it has grown 147% per
6:21 pm
year since the middle of the 2000's. so we think the explosive growth of the mobile internet is great for a lot of consumers and bunesses but at the same time operators have no choice to go to the limited data plan from the of limited brand. so what this is to wean is driving certain behavior where they start to curb their consumption so instead ofdoing the right to when they want to now they wait until they're on wife i. i don't know if you have ever experienced this but ve you ever looked at content in thought instead of now i will wait to until i get home. this is happening to millions of america and over the course of one year weound 66 percent of
6:22 pm
mobile users in the u.s. are curbing content consumption over mobile so that means they're waiting. this is a missedpportunity for mobile marketers and advertisers who are trying to consume or engage consumers on their mobile device. charles: bayou set urself up as t middleman between the networks and the conser. e you worried the bigger names that can offer the limited data plans will get the bulk of the consumers out there? >> about 7585% and stay on the limited data plans because typically the better and networks so the majority
6:23 pm
are on limited data and the number of users is increasing in the u.s. just because of the shared family plans in the rest of the world they are unlimited. charles: so you have the potentl audience for to have established that but are people saying i will watch the advertisement and be the guinea pig? are peop really lining up for that? >> i think it is more than an extra goodies but see if you engage to watch a video or even make a purchase you may recee of data reward maybe 200 mb or in some
6:24 pm
cases you could earn one gigabyte. we believe that is meaningful amounts in those can be applied to your data play and -- your data plan and instead of paying for the overage you could supplement so that is a benefit. it is not a few cents' worth of value but there really overage which could be $10 or more depending on your carrier. charles: that does add up and listening to this story carefully, it sounds like you have something disruptive which means a lot of money. congratulations. weill have you back to talk about your success. but we are out of time. thank you. remembered this meeting last month?
6:25 pm
it is about to get worse obama is putting on his poker face to talk tough. poker face to talk tough. next there is a pursuit we all share. a better life for your family, a better opportunity for your business, a better legacy to leave the world. we have always believed in this pursuit, striving to bring insight to every investment, and integrity to every plan. we are morgan stanley. striving to bring insight to every investment, and we're ready to work for you. if you've got it, you know how hard it can be to breathe and man, you know how that feels. copd includes emphysema and chronic bronchitis. spiriva is a once-daily inhaled copd maintenance treatment that helps open my otructed airways for a full 24 hours. you know, spiriva helps me breathe easier. spiriva handihaler tiotropium bromide inhalation powder
6:26 pm
does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take,. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine. other side effects include dry mouth and constipation. nothing can reverse copd. spiriva helps me breathe better. does breatng with copd weigh you down? don't wait to ask your doctor about spiriva.
6:27 pm
[ female 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 pretendin only flood insurance covers floods. ♪ visit floodsmart.gov/pretend to learn your risk. >> adden insult to injury or a political ploy in the president's going to russia later this summer, but the white house is signaling he'll skip out on a meeting with the russian president putin. this is just the latest move sirring up tensions between the
6:28 pm
two countries to the former mbassador bolten on what he makes of this. i white house says if snowden is there and you have not done anything, the president, he's not coming to talk to putin? >> it's silly. and the impression it gives to putin is that we're not serious about snowden, that the most acute pain that obama can make putin feel is to deny him his august presence. i mean, if that's the best that we can do, pew ip's just going to say i'll resolve this in my own good time. what we should be doing is imposing real costs on russia for not delivering snowden back to us. >> what kind of costs could we -- what would we do? levy tariffs? how can we financially put pressure on rssia? >> i think the costs could be political as well. >> okay. >> and economic. >> this guy put the top appoint in the joint for the five years. he's the roughest guy.
6:29 pm
>> exkgb agent, knows how to play rough. that's right. what i do is things like pulling our ambassador back from moscow, put a lot of day-to-day diplomacy on ice, and look for something to cause him pain plailly. in the case of china, i would release taiwan executive officials to travel anywhere they want in the united states. that would cause him to go wild and beijing. you want something comparable for that for russia. >> over the las couple weeks, it felt like times tiew pin was blinking. he talked about snowden to leave, not to release documents, america a great partner. it felt like either he was being extraornary cynical or extending some form of an olive branch. >> would can slice it either way. i'm on the ynical side, but you can see it the other way. i think he recognizes that snowden, for him, has risks as
6:30 pm
well as rewards, and that is having this guy in russia is not exactly what he would want over the long term. i think what putin wannts from snowden is the information on his laptop, the documents he has, and what's in his head, and if he's got that, then i think he wants to get him out of the country before he causes trouble. >> doesn't need him anymore. that photograph, the last time that president putin and obama got together, i had not sen -- it was like a divrced couple who, yo know, the wife took the husband back for more alimony. that was the most -- t guys seem like they had destain for each other. >> it was not professional conduct on either part, and i think it underlines the idea that you can press a reset button in relatio with russia as the president wanted to do at the beginning of the term or with any other country is just a mistake. op going bilateral relations are a long hard slog, and the russns are very good at taking concessions we make, putting them in the pocket, and say, what do you have for me today? >> it's a matter of give and
6:31 pm
take, but we give and give and give. >> and they expect more. >> wow. feed the bees, and that's what happens. >> exactly. >> have a great weekend. >> you too, appreciate it. >> bluffing on the snubbing putin thing? professional poker player is here to explain how we can tell. tiffany, what's the "tell" here from the pesident, and do you think putin's picked it up? >> well, that's a good question. you know, you have obama and yo have putin sitting downgoing head-to-head, high stakes poker at its best, diplomacy and brinksmanship, and obama sitting down daring putin to make the first move, all in or fold. when you have history with someone, there's deviations and patterns to see if they are bluffing, physical, verbal cues, and there's lot on the line here. >> you've seen the photograph of them sitting there, and ambassador's point, they looked unimpressive like they were not world leerdz, but slouches, legs
6:32 pm
open, collars open. what are you sensing from them? >> it's an uncomfortable situation. you know, the perfect time to bluff someone is when their decisions not going to be easy. never give your opponent an easy decision, and in obama's case, it's a diffcult decision for putin with asylum, the russian public would ke to see the u.s. shamed. at the same time, putin has to think about u.s. relations which have been decreasing and his international overall approval so he has a tough decision here, and in this case, the only way you know if the president's bluffing or not is by folding or calling. >> we know there's rnd two of this whole thing, and you talked about having the history. they met a couple of times, and it felt like they got icier, but there was a hint there was a better relationship in the second administration or second term, what would the president
6:33 pm
do differently? when you play poker, you have a hat and sunglasses on. wear a hat ad sunglasses next time in >> oh, i'm not sure if he should wear a hat and sunglasses, but it's a little bit tricky. obama's going up against a very, very strong leaders. i don't know that putin is pushed around. he has a lot to consider in the situation, aot at stake, but at the same time, he could go one way other the other. i don't know that obama has leverage. they have a tense relationship. they could say, cares about the relationship with the u.s., i'm giving asylum to snowden, so i don'tknow if there's enough on theline to really push him around in the situation. >> before i let you go. how are you? winning big potslately? what's beginning on with you? >> i've been doing really well, i don't have any tough decisions as to whether or not to give potentially one of the biggest whistle blowers in history asylum or not in my country, so as long as i don't have difficult decisions like that and just decide whether to go
6:34 pm
all in or not, then my life's good. >> all right, tiffany. by the way, ext time they are together, study the tape because we'll go over it one more time. all right. see you soon. hey, guys, this speech in europe, how the heat wave could put the entire economy ice. and then the outrage over the outrage. wait until you hear who is defending this rolling stones cover. ♪ my name mike and i quit smoking. chantix... it's a non-nicotine pill. i didn't want nicotine to give up nicotine. [ male announcer ] along with support, chantix (varenicline) is proven to help people quit smoking. [ mike ] when i was taking the chantix, it reduced the urge to smoke. [ malennouncer ] some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any ofhese, stop taking chantix and call your doctor right away.
6:35 pm
tell your doctor about any history of depression or other mental health problems, which could get worse while taking chantix. don't take chantix if you've had a serious allergic or skin reaction to it. if you develop these, stop taking chantix and see your doctor right away as some can be life-threatening. ll your doctor if you have a history of heart or blood vessel problems, or if you develop new or worse symptoms. get medical help right away if y have symptoms of a heart attack or stroke. use caution when driving or operating machinery. common side effects include nausea, trouble sleeping and unusual dreams. it feels wonderful. don't smoke. i don't smoke. [ male announcer ] ask your doctor if chantix is right for you.
6:36 pm
>> ll, if the weather's hot, wait until you see how energy wallet. let's talk with keith fitzgerald. in the heat wave, people wave good-bye to the money because power outages sweep the country, rising bills cost hundreds of bucks more each much.
6:37 pm
gary, you say this is green energy's time to shine. >> exactly. i mean, you look at your bill, and you would think an entrepreneur says, hey, this is the time for the home windmill or solar panels to work, and this gets t my point why i think the green energy thing is smoke and mirrors because now is the time to take advantage of the high price electricity and come in with less expensive green energy, and, yet, i don't see the entrepreneurs knocking at the door. >> what do you think it is, keith, the technology's not there or not enough government subsidies? >> oh, an interesting question becau, you know, the idea that the government can spend money better than a private entrepreneur is preposterous as the concept of central intelligence or the nsa lately. this costs america $300 billion a year, districted generation, solar power, alternative fuls, we have a network built and designed in 1890 that's used in 2013 the problem is it is all
6:38 pm
reaction, not proactive distribution. >> all rht, guys, i got to tell you the solar stocks doing well this year for other reasons. talking about th heat. the heat's not hurting everyon. whirlpool selling air condioner and everything else. its profits jumped 75% last quarter. this summer looks like americans are buying a gold-oldfashioned home goods, but nt the technology cool stuff anymore. >> well, that's an interesting point, and yet whirlpool's strategy is paying off, going up market, sells high premium items. i worry about how much is funded by debt, the consumer, and implicitly buyer or the government with trickle-down economics. if that crater, they are at risk. >> right now, street loved the earnings, and, by the way, i think it's also reflection of the world,gary, wanting our stuff. people in latin america love whirlpool, asia loves
6:39 pm
whirlpool's stuff. in a way, it's kemp prelim ri as well. >> right. it is, charles, but, you know, the bulk of the activity is still in north america, and it gets to my premise that i've had for years now that as the population ages, people like you and i, and you are younger than me, granted, you want to stay home more. i think people are tired of going to restaurants and traveling on fancy vacations and buyi fancy cars so this whole idea of cacooning, in vogue twenty years is coming to fruition. translation? people want to upgrade their homes with better appliance better, you know, air-conditioning systems. that feeds into whirlpool's positi and kind of as opposed t what keith's saying, whirlpool is in a sweet spot and will be regardless of what happens to the economy and the dollar and all that stuff for the next few years. >> it is ineresting. people who are pedestrian watchers of the stock market,
6:40 pm
they graff state to the cool hip stuff. what's apple doing? what's googe doing? today, microsoft and google got waxed, and it's the old-school businesses around for p200 year doing bell -- well. >> it's real as we age so the con cement of this purchasing is asolid -- >> i'm not that old. >> go ahead. [laughter] >> there's a lot to like there, and i fear the debt phenomena that we have not finished, and i worry about the fact that earnings jumped 75% because it's unusual. i take it, don't get me wrong, but it's unusual that it causes me to think twice. >> i hear ya. you know, talking abouthinking twice, china, they are not great, but neither are we. china facng a big slow down,
6:41 pm
and now a lot of american companies say that they are hurt because of that, gary, are we relying on american companies, maybe the american government too much on china? >> well, ou know, we might be, charles, but go back about 20-30 # years, take out china, substitute japan, and remember we had at home, my gosh, japan is taking over, so much smarter and growing so much faster. japan's growth in the 60s was 10%, dropped to 7.5%, 4.5%, and you don't hear much about japan being this feared rival of the u.s.. i think that's the way china's going to go. in fac, they might accelerate because theyare not nearly as democratic as japan has been and is now. >> everyone talking about the demise of china, and in some ways, they are acting more responsible than we have, and they sloid down the economy,
6:42 pm
made bank lender tougher, and it seems like we're pushing the gas pedal, they push back, it could be more responsible. here's the thing, charles, they bet on china's ailure, but bet on their success. the reason is china imports 96 cents on every dollar they export. they shift to method consumptions. american companies link to commodities, big projects that fail or see diminished revenue. they are linked to bran like whirlpool likely to grow bause that's what is growing china, the internal domestic consumppion is real, and slow or not, 7.5% versus a ercent here, really? the economic center of gravity is there, not here, and it will be for decades. >> i'm -- no offense tohe crowd, but i'm leaning towards keith on this one. hey, guys, you are absolutely fan tas pick. have a great weekend, and we'll
6:43 pm
see you again. >> thanks, charles. >> see ya. companies around the world boycotting the "rolling stone" issue, but one company came out in its defense, and i bet you can't guess which one. governor huckabee on the "new york times" backing rolling york times" backing rolling stones next. this man is about to be the millionth customer. york times" backing rolling stones next. would you mind if i go ahead of you? instead we had someone go ahead of him and win fiy thousand dollars. congratulations you are our one millionth customer. nobody likes to miss out. that's why ally treats all their customers the same. whether you're the first or the millionth. if your bank doesn't think you're special anymore, you need an ally. ally bank. your money needs an ally.
6:44 pm
6:45 pm
6:46 pm
>> the "new york times" sinks to a new low pblishing an article defending rolling stone's cover calling the hysteria about the accused boston bomber heat wave indeuced saying the mayor hype ventilated about the whole thing, and mike huckabee is outraged. governor, i jut -- i guess, you know, like minds think a like, but it's hard to believe no one, everyone is offended by the
6:47 pm
cover. >> what's offensive is of all the picture they chose, they chose a self-styled pprtrait that the guy made where he looks sort of like a young jim morrisson or think of him in a mug shot or the red dot on the head is more appropriate. their just dpi cation says, well, it's a monster, and a picture is worth a thousand a words. >> a pcture is worth a thousand words, but companies, drugstores right-aid, cvs, k-mart, all the companies said they were not going to push it, display this magazine or sell this particular issue. should there be more of anut cry, it's just thumbing its nose at thanks aericans stand for and, of course, the victims. >> i usualy don't gt excited
6:48 pm
when they pull it, but are you sure this i who you want on the cover? the better course is not to boy the issue. unfortunately, i'm afraid a lot of people go by it because of the publicity it's had. that's the most unfortunate outcome of all. >> "new york times" coming to sort of say to anyone that thinks this is in poor taste, anyone offend by this, maybe it was the heat, maybe you are hype ventilating. how upset does that make you? >> given the source that it's the "new york times" -- >> it is, but even feels like they hve gone to a new low on this one. >> i don't think they are winning any friends, not that they had a lot other than on the far left, but this is not the way you endear yourself, certainly not to the people of boston. people around the country who saw what happened in boston realized that it was an outrageous agent of trrorism, and there's nothing glamour rows about the hideous people who did this. maybe instead of his picture,
6:49 pm
they should have put the picture of some of the victims and say a monste did this to some totally innocent bystanders watching one of the greatest events in american sports. >> maybe then i would have gone to buy it. also, what about the idea the celebrity treatment might encourage others? there's got to be disturbed kids in the country, people who, listen, he came to the country, the faly came to the country, america treated them ell, giving them welfare, a great education, friends here, and america rolled out the red carpet of treatment to the guy, and, still, he was a home grown terrorist. at least that's the accusation >> does this push him over? >> absolutely, especially sick people who are nobodies. they want to be somebodies. when the shooting happened, arefused on television and the radio show to ever mention the name of the shooters, never mentionhem. i called them the shooterment i
6:50 pm
don't think you want to publicize and give the people a platform. that's what they look for to see the name, their face, somehow in the big lights, and i think that's a terrible thing to do encouraging other losers to thin maybe for a moment, everybody will know who i am. >> what do you think this goes from here? maybe the best case scenario's that we report on it more, and that we not only not mention the bomber's name or the magazine's name anymore. >> the ultimate punishment for rolling ste is people stop buying i >> i think that's probably a big problem for them anyway. the magazine itself has been in decline for a long time. a lot of people say it began in 1980, ronald reagan, missed the mtv generation, missed rap, down ill had, and, and it's a heck of a hail mmry, they threw a bomb either to blow up in their faces or i don't know why they thought
6:51 pm
this would be the thing that would help. >> it was a foolish decision, and unfortunately, it's very offensive, not just to the people in boston, the victims, but to every decent-minded american, and i'm proud of the cop. i know what he did broke the rules, and he's in trouble for it and probably loses his job, but i like it when the irish temper, shawn murphy, got to love him, that irish temper says to heck with this and publishes the photos of the creep, and that's more appropriate. god bless him. >> god pleases him. say his name a million times. shaun murphy, you're hero. there you o. >> you are too. >> les. >> the government is listing to your calls, reading your e-mails, a tracking what you eat. get ready to lose your appetite.
6:52 pm
6:53 pm
>> the food police tracking what
6:54 pm
you eat. the government's shelling outs nearly $150,000 on a study aimed at forcing people to eat healthy. now, it's providing gps devices that keep tabs on people's day-to-day shopping habits. this is a waste of time and money, and ron and adam here with us as well. monica, it's almost per postrows, but all the stuff in the news these days, it's not hard to believe. >> i'm not against collecting information if it helps the government agencies be more efficient, carry out their missions, and spend less money in the process, but i don't understand what we're going to glean from this study in particular. they are giving gps devices to people who elect to be part of the study to see where they eat and, you know, in general, this is targeting ffst food establishment, and i think the conclusions should be fairly straightforward ing common sense. people eat where it's convenient. why do we need a study for this? >> well, ron, why do you think we need a study for this?
6:55 pm
something nefarious going on here? >> it's not nefarious, but i think it's enough is enough. the government's trying to regulate what we eat, what size toilets to have, the type of lights we hve, reading our e-mails, seizing our phone records, and at some point, t breaks down the ehos of american freedom, and people, especially young people are saying enough is enough, we had it the the government has to stay within the proper roles, and, frankly, where's the study on government obesity? gao, the government's auditor, found $300 billion, with aa "b" in waste last year alone, and whe's the study on that on ho to cut that? >> adam, a funny feeling, they'll say, you know people go to restaurants, supermarkets, and sometimes they eat a hot dog at the hot dog stand. worth the time, efort, and money? >> well, i'm glad that monica sort of explained what is is, a small academic study aimed at gathering information, not this lice state thing that you and
6:56 pm
ron want to make it out to be. there's nothing wong with acadec studying these things because, charles, i understand and don't disagree with your point, people want to eat where it's convenient. we also know that people don't always eat as well as they could be, and fast food, if you ate there too frequently can, can -- i don't want to get his tear kl here, but can be bad for your health. >> adam, here's the thing, i know what's going to happen. i know they are going toget the results of the study, and they are going to use it as the war against the use of fast food restaurants, against the notion of foods, and push an agenda that is against personal freedoms, and that's why i'm worried about it, and we need to be hysterical. >> that's uncharitable to t academics and infringes on their academic freedoms by suggesting thatyou -- >> if you donate your own money, fine, but don't say the
6:57 pm
taxpayers should do it. you believe in the study, donate your own $150 million. don't take mine. >> the fda should be the agency that's responsible for looking into the chemicals that we put into food and the fact we use corn to be a major sweetener in our foods, and that's compounding this obesity program. why not focus on that? >> they are. why do you think these studies exist? i mean, really, what's the real obviousive here? >> well, 'm not going to fall into this baited question. >> i just want your opinion. >> iwill. >> well, i think to a certain extent, studies can add value to these agencies. i just don't see the sense in this one, and i think we have a history f throwing money behind fairly aimless - >> lik shrimp on a treadmill. adam, why are we doing this? >> well, i think we are having, this is a good conversation. i think on would say we shouldn't be doing this study or any other study, and so we wouldn't have come up with, you know, cures for cancer, the
6:58 pm
internet, things that the government has contributed to. if you want to go -- >> i'm not done -- >> i should pay for them rather than the united states government, fine, i think the united states government's funding certainlycademic studies is a great idea and has bee true historically for a very long time. >> not every study adds value. that's the other side of the coin. >> of courseno >> the internet did not come from academia. hate to break it to you. >> it came fro government funding for -- >> we're not -- >> let's talk about that, people. let's not talk about the internet. >> stop trying to distraight us. the fact of the matter is this program is designed how government can regulate it. >> highly involved in the project. >> go ahead, ron. >> listen -- >> let's -- ron, back to the premise here, though. the government is collecting data on every aspect of our lives. i'm not sure that -- >> not in this study, they're not. >> all different studies, all
6:59 pm
combined, all the spies, snooping, collecting a bunch of data on us, and it doesn't feel like it's all for good reasons. >> no, it doesn't. that's what i'm saying. i think that the american people are tired of having the civil liberties trample odd. could be small, but it's frustrating that instead of our government focusing on how to fix a great e of oppression going op now or fixing what's happening in the student loan, with th student loan bubble, they focus o this. there's huge problems facing the country that we should be studying and figure out how to fix, but we blow money on stuff like this. it's upsetting. >> we're the ones -- >> obesity is the problem. >> focusing on a hundred thousand dollar program. this is not a giant effort by the united states. >> 150 million. >> monica? >> no, no, thousands, thousands. >> one second, go ahead. >> i'm for spending money wisely. if i have one mo, it's that, but obesity is the problem. i want to see the government be more targeted in the way they spend money, focus on the low
7:00 pm
hanging fruit, and this does not qualify. >> we have to be careful of the bait and switch. we worry about obesity and everything else. hey, by the way, great panel, great aud >>. >> tom: after all the political promises to repeal obamacare, it may not need any intervention at all. democrats are calling ia train wreck and now the unions are complaining it will ruin the 40 hour workweek, the mainstay of the middle-class. we're talking aut obamacare in critical condition right here, right now. >> tom: thanks for joining us. here at the top of the stack. the fight was huge but the president won and affordable care act is the law of the land, kind of. we all know now the president has unilaterally delayedhe mand

47 Views

info Stream Only

Uploaded by TV Archive on