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tv   Cavuto  FOX Business  September 11, 2013 8:00pm-9:01pm EDT

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neil: 12 years after 9/11, one year after benghazi, have we forgotten, nypd commissioner kelly on why terrorist should be a big focus. >> we would like to move the whole issue of terrorism and counterterrorism in the front burner, it has not been spoken about much, if at all, by candidates for mayor in new york city, common sense says this is a city this is scene arguably as move important city in the west where communication capital, financial capital, another even here, will ripple quickly across the world. neil: but it has been a dozen years in new york since that event, who knows that better than nyse chairman dec grasso,
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and what -- dick grasso and what police commissioner said people are getting too sanguine, too blase, we're forgetting. >> he is right. all new yorkers, all americans, should absolutely praise the job a kelly has done. he kept the city safe, this city as the commissioner said, is the prime target of those who' to inflict pain on american. neil: he was criticizes those who want to run this city. >> he should be worried, we as new yorkers should be worried. re kelly -- ray kelly has devised most elaborate and effective counterterrorism
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program in the history of this country, new york city is the plumplum of the terrorist eye. you heard him say 16 plots over last 4 years new york city at the center. they have kept us safe, i think our mayoral hopefuls would do well to sit with ray kelly, take histic po tease, i say -- expertise, and hope they are smart enough to find a way to keep ray kelly involved. neil: i do want to ask you a question on the subject, why didn't you run? >> i had a great fear that i would win. neil: i see, but you also thought ray kelly would run? >> he was my candidate. >> why do you think he didn't?
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>> you know, ray is a private man, i think that he spend 12 years most successful pc in history of the city, this was his second time around as police commissioner. neil: you look at the guys that that -- that merged, beblasio on the left. and think, i should have run? >> well, you know, funny you say that, my wife said that last night. neil: let's look at landscape and anniversaries and all, we make a lot of anniversaries, we should for 9/11, but this is also the one year anniversary of benghazi, the 5 year anniversary of financial meltdown, so many big anniversaries, the question comes up, what have we learned? you talk about how we're letting our eye drift off the terror ball post 9/11, many argue saying we're a long way to
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getting to bottom of benghazi, as we team to be trying, and on financial meltdown the argument it could happen again, these commissions and studies and blew ribbon panels to look into messes never really seem to get to the bottom. >> start with benghazi. you know, i think that a case can be made we have not even scratched surface, we have not arrested anyone. we have not really identified the people who were in the know of what happened that night. we have not had the opportunity to hear from the military who you know you could debate whether or not it lapped. clearly -- it happened, clearly militarie stood down, the questn is, who told them to stand down. neil: what does that say about grand studies, investigations? this grievance must stop, big presidential panels and commissions, for what? >> i'm a great fan of one man rule. okay? you put someone in charge, you
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take a ray kelly, if he is going to lead the city of new york, you put him in charge of a benghazi investigation, you will get answers, on financial meltdown, 5 years from the fax, no one has ever raised question, why department the insurance regulators simply say to all those county parties on the cdis' and inthrettic ceo our insurance companies are not going to make good. neil: they just let it slip lou? >> $49 million went out the government treasury to a lot of counter parties of those instruments, they should never have been paid. i would have said, were i in a regulatory role, you wrote a piece of paper with a bad counter party, tough luck, pal. neil: we didn't say that. >> right. neil: i am wondering if it happens again. >> contrary to long-term capital
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management, there was not a penny worth of public money that resolved the problem. then president of new york fed did a fabulous job, got us together, said you created the problem we'll solve it with private sector plenty, and private sector initiative, not only did we solve the problem, and the public not spend a penny, but all firms involve made money. that is the way do you things. neil: when you see after calamity where they are horrific like 9/11, or a financial anniversary or benghazi anniversary. and you see investigations tor supposed to ensue, get to the bottom of what happened, make sure it does not happy again, you -- happen again, you worry beside anniversary date we don't give it much attention. attention? >> looking back history, 1987, largest single day decline in
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history of stark it, magnificent blue ribbon commission putting it headed by nick brady, what did it prove when 1998 rolled in and long-term capital failed and lehman failed? it proved nothing. you have to take away the government safety net. and say to firms, there is no law against being stupid in these markets. you make a mistake, you do something stupid in terms of risk profile, your firm is going out of business. neil: quite a lot of people who take on more mortgages than they could chew. >> it should apply across the spectrum, remember the world we lived in, who was marketing mortgages with low communication or no -- low documentcasion or no documentcasion, and why, because they were a better
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yieldingin instrument. and who put a credit rating on them? when pays attention when they say united states is no longer triple a, that some body said these cdo's are triple a's this is nonsense. >> a lot of blame to go around thank you, my friend. >> always great to be with you. neil: let's not forget 343 firefighters, 23 police officers, 37 port authority police officers went into those buildings so 50,000 people could live that next day. let's remember and honor them. >> you are right. we have taken a lot of precautions since that tragic day, but what have we learned? even with some nsa snooping to prevent attacks a lot of americans not feeling so sure or safe, a new fox poll shows few are people feel safer now than a year ago. howard smith on how to handle
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the different threats, howard, what do you make of that? we're back to a mind set we don't feel safe? >> correct, we say all of the festivity -- activity and intelligence gathering all things we were promised 12 years ago we would do a better job of protects country without invading privacy, and impacting civil liberties, we see revelations of things that are taking place, and does not seem to make a difference, in benghazi and syria, and is all that surveillance, and and -- intrusion who our private live is not happening. neil: when the author of patriot act of congress said let's dial it back, joins with aclu, and other groups including nra .
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like a barroom scene at star wars, then, they see something a mis. what happened ? >> well, i think what it is, that unifying factor we said, we're going to do more to protect the country, and protect the people, but not at the cost of becoming something we're not. these core principles are something our constitution is based on, our existent is based on. you get the wide cast of characters, z you say, and say that is not what i signed up for, that is not what i drafted, that is not what we should be doing, granted no doubt some activities have resulted in a prevention, dick was talking about commissioner kelly, some things he has done, we need these pieces to work together but the bottom line you don't take everything in one piece, and say this will be the be all end all, that is not the case, we have build cases. neil: do you know how it happened now? wu have had a front row seat,
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how did we go from monitoring chatter, to collecting as we did better than 150 million americans phone records, nsa tapping or bragging it could tap 75% of all e-mail. >> it was one step at a time, we start we can monitor chatter and satellite phones, and by the way they are using appear to peer -- peer-to-peer twitter-type technology, and now encryption, next thing you know every piece of ex i existent we have from a technology perspective is now a possibility to look. we don't like bank robber, it has been one small step at a time always in interest of bit protects the country. >> howard thank you. >> thank you.
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neil: you see this guy? you probably don't know him that well. but he probably has best shot of becoming new york mayor, his republican opponent will try to make mince meat of that, why you should care. he is at left and as liberal as they come, he could impact your investment. no matter where you are. ♪ but tracking all the action and hearing everything from our marketing partners, the media and millions of fans on s social media can be a challenge. that's why we partnered with hp to build the new nascar fan and media engagement center. hp's technology helps us turn millions of tweets, posts and stories into real-time business insights that helnascar win with our fans.
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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. >> new york had become a tale of 22 cities, one where very wealty have rebounded from the grit recession, and life could not get better for them, we acknowledged that day, there was another new york, a new york where nearly half our citizens are living at or near the poverty line. neil: new york city mayoral hopeful, and uber liberal blasio all but saying he will give from the rich and give to the poor.
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what the impact could be on you, whatever is happening in the big apple, is not staying in the big apple. and doesn't charlie gasparino know it. harkens back to a different era. >> let me fix my collar here. neil: you need to wear a tie. >> that is a problem. i think he is really bad for new york city. neil: why is that? >> not just the rich, he is clouds this in a class warfare, he is bad for middle class, they are employed by banks in the city, you think that every employee is $2 mill cnn's year banker, you are -- $2 million a year banker, you are wrong, they are laying off a lot of middle class people, costs are going up on regulation, he has a target on them, my dad was a bartender, he said, i like rich people they maemi tips -- they pay me, tips, i hate to break it to bill
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deblasio the government cannot pay everything. neil: do you think we knows that. >> there is a theory you run left in the primaries then veer to center, he seemed centrist on a few lines, there still could be a run off, with bill thompson who is more moderate than him. neil: you have to have 40% to avid that run off it looks like deblasio will avoid that. >> we don't know that. neil: a lot of people are not emersed in this like you are lived in new york, you mentioned this would have a far reaching impact. >> i think when center of the epicenter of capitalism of finance and markets, not perfect, i am very critical of these institutions, when this is what it is here, epicenter of capitalism in many ways.
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it is run by someone who a socialist, and i think bill deblasio is close to a socialist based on things he says and his rhetoric is very far to the left, he talks about a tale of 2 cities, new york city has not been run by supply side lift widgers for last 40 years this say very liberal city. neil: michael bloomberg who could not vote yesterday as a independent. >> rudy giuliani, make the case he was a right wing, but he was a libertarian in many ways, the city has been liberal in the way it hands out benefits to people. neil: should wall street be afraid? maybe they got a pass on spitzer. >> that is a great thing. neil: what happened? he had a 20 point lead. >> i started doing some reporting. >> explain. >> i pointed out many of the
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inconsistencies in his rhetoric, what he did, and how he handled himself in particular that whole prostitution thing, how he a aranged to get in a house committee meeting the same way he brought the prostitute to washington. i just thought that was -- >> what a write-off trip. >> or we paid -- the expenses of her, he got a free ride. neil: interesting he and weiner, different scandals, were impiewimfutiated by voters. >> they were unfit for office, deblasio is unfit for a different reason, he will take this city, which is left to begin with, if he is worried about problems of the city, this is a tale of two cities run by
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liberals, what are you talking about? we want to give more of the same stuff that failed that is what we want to give? it is sort of a contradiction. >> he will be new york's next mayor? >> if bill thompson gets in the run off i believe he can beat him. neil: not going to happen. >> i am not saying, that a lot of people thought spitzer would win, i would say joe lhota is a republican candidate, a capable man, his best chance of beating any of these folks would be bill deblasio but his real name is wilwilwert wilhelm. neil: when we come back. >> i know that god told me, we
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>> president obama's vision of an economy that grows from the middle out can only be achieved if we continue to have a dynamic and empowered labor movement in america. neil: labor secretary, perez vowing to give unions a boost but with cities going bust because of many pricey union contracts, could this be the right move? you know, it is interesting when you see the administration in the way it really trying to win
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back unions, have been critical of health care law saying it is hurting them, they are trying to get their friends happy, maybe make an exemption to keep the unions happen, but they are worried, jesse? jesse? >> they have every reason to worry, unions have depreciated 30% to over 11%. a lot of corporations have failed with union, toyota has succeeded. gm on the edge, we have seen jetblue succeed byu we've -- but we've seen pan am go in the tank. we're stifled with more regulation that prevent employers from want to be able to hire. neil: you heard that argument before, rich. you want to keep some relationship tight? >> as far as union maybe down,
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partly -- membership down partly because people don't have job. but bigger point what president does with the economy going forward, unions are a crucial part of that we need consumers, we need people earning money, spending money with good job, unions historically have been a good part. i think that secretary per session right to lay down -- perez is right, lay down that grangauntlet, saying unions wile a part of our plan. neil: i don't know, i think that now that unions are wanting an exemption for something they have pushed hard for they have exposed themselves as hypocrites their members saying, i am paying dues for you to fight for this stuff, now you tell me, you did not really read the law.
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>> when your costs go up because of obamacare, unions realize they cannot sustain a strong business model, people are dropping under a 30 hour workweek to maintain this. how does this help the workers? to argue that union membership is down because of the economy, that is a false argument, the membership has been dropping over last 50 years, 27 states right now require you to join a union, what happened to free choice? what happened to opportunity for a worker to work where you want, when you have collective bargaining, you are all the same, we're an element of a communism society you are all the same, now your top talent cannot rise to the top. >> because there has been an assault on union membership on people's right to bargain. >> as there should be. >> as you saw in wisconsin. >> as there should be. >> that is the result of that, a
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hahal owed out middle class. we have nice push back, i should -- >> wait, you could say government overreached, a lot f overreach. >> ronald reagan was president of screen actors guild that belongs to afl-cio. >> thank you for bringing up 60 years ago. >> they are still protecting people's hours and wages. neil: we could go back and forth on this, but i want to focus on anniversary coming up. this one, on sunday, 5 years since financial meltdown, yet the government is selling back an $800 million in gm stock, taxpayer still 14 billion in the hole.
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jesse proof that bailouts don't work? gm has returned a good dial of money to the taxpayers, the trend is the friend or not? >> not a positive thing when we go back look at research that demonstrates some negotiation have increased benefits and perks and mentioned for delphi. used to be part of gm, they got sucked into this. >> delphi automotives. >> it not panned out you look at outcome you have $14 billion still to be paid back. neil: i understand that i want rich to respond to that. 14 billion to be paid back, under offering price attack payers unless something miraculous happens to stock will lose money.
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>> stock price is just one element of that, we should recoup that money, the bigger well the is job -- bigger element is job gained. and auto industry rescued. can you imagine the landscape of the states had obama not done, that we had a notion let detroit fail,. neil: but, what you just said, you said, detroit will fail, but detroit is in bankruptcy now, after a huge bail out. >> i meant the industry. neil: i understand what you said, but that is the folly of the argument in rescuing jobs, you lead the industry into bankruptcy. >> absolutely not, there are factories in tennessee and america. neil: those factories are foreign factories that foreign player loss do business here who
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do business here that are doing well. >> those are auto factories, but broader business of how autos are sold not just detroit the city, i did not mean to imply saving gm would save detroit the city. neil: i think if we said at the time we were rescuing auto companies just a mar matter of w short years detroit would go bankrupt, people would have a hold off on giving them money, but who knows, thank you. >> thank you. neil: coming up less adversity, remembering 9/11 today, company that was brought back from the ashes of 9/11. 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.
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neil: you know 12 years later, i think of all folks who died that day, many were guests on this very show. and, not this network prefox business but that rings a bell to a lot of you david alger of wall street, fred alger management. fred brother lost 35 of 39 employees that day. including dave. dan chung is ceo of that company now, dan regailing me where he was that day how close it could have been for you. >> so, i left early that morning for work. not to office as i would have. but to -- >> downtown? >> world trade center number one
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with david and our colleagues. >> was that happen stance or a meeting? >> i had a meeting, it was a company meeting with actually tyco. well-known multiconglomerate. and i was worried about the stock. david and portfolio would have wanted me to be, we thought, you know, send dan in person to go. neil: you know. you lose 35 workers. giants of the industry. and you are there with fred, couple others, saying what did we do now? did you think that firm could survive? >> well we were determined it would survive. we never doubted that. not sure that necessarily of -- was rational, i know many in the industry did not think we could survive. neil: how did you? i always talk to those firms
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that sort of try to claw back, that there was a lot of partnering on wall street, a lot of sympathy among players let's help each other out, what was going on? >> yes there was. wall street, clients, companies that were vendors to us were terrific. but as you know investment management business is different than many, we don't have a factory, don't have a trading platform that is automated we were about lead investors who invested money on behalf of your clients, most of whom have responsibility. i was most senior professional investor to survive, we lost all our portfolio managers other than ourselves and we lost david alger. neil: if did you not have to that are tyco meeting that day, would have you been at the world trade center? is that your normal plan?
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>> yes. without a doubt. neil: do you look back then without getting too weird about it, about the fickle finger of fate? >> i think about it all th the e in particular every year on, on september 1 to about now i spend time thinking about families who survived after all our lost colleagues and friends. neil: have you been communicating can any of them that morning? after the plane hit that there was no way they could have survived? >> actually my first view of the attack was on tv. that conference room meeting were shut down. and the giant screen changed to live tv coverage of world trade center one on fire. neil: you knew that the point of impact was close to where your
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officers were? >> yes, that was worse thing we knew it was close, high up on the building, but, you know, i think there was a thought that this was a fantastic structure. steel, built justin credible level of akoch blu accomplish ad detail, somehow the people would survive, impact get out of the building, and you know, survive. that was, the biggest shock and tragedy of all for us and many other firms, very few people got out above 89 floor. neil: dick grasso was here, she worried that people forget, not about the enormity of what happened on 9/11 but the dozen years later that we're getting too nonshaalan, moving on. can happen to that magnitude, life goes on, what do you think? >> well, i think life does go on.
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and that is a good thing. i have seen it in the survivors in our family. we have a young kid gone to college doing well. there are some who are younger. but the way that families have rebuilt, and gone on, yet continue to remember and also use that event and that memory to inspire them to you know succeed or give back to the community, that is what we've been doing, a lot of giving ba back. at alger since the tragedy. part of our way of showing how we remember you know our lost colleagues. neil: do you it which, dan. -- you do it well, dan, i talked with a lot of people, saying had not been for dan and his perseverance, firm might not be around today he was the guy
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blitz creaked by this like you and i were, that was then this is now. neil: coming up apple dropping the ball, or playing its cards right, apple ceo john scully on why apple stock is tumbling in its products areo cool. oso cool. no two people have the same financial goals. pnc investments works with you to understand yours and helps plan for your retirement. talk to a pnc investments financial advisor today. ♪
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neil: apple has these hot new products, you know, fingerprint technology, you could use that to buy stuff, no security threat. different color phones, as a goal phone that is really not gold but whatever it seems cool. back to all cool things that apple does, traders tanked stock, it is yet to recover from from announcement that were supposedly going to be a home run, what happened to apple ceo john scully that is not a good media response, what happened ? >> i think real story about apple is, everyone knew they
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would have great products, they had a great developer conference this year. iowa 7 a nicive prominent. but that is not the story, the real story china. everyone was hoping there would be a announcement with china mobile. it looks like it is in the works, but what it does happen is a big dial for apple. neil: you wonder, john, i think this is something come across asly join of apple -- legend of apple it stands for products this are chic, pricey but well worth of price. now we face a conundrum of still trying to appeal to mass market that the plac the price is too u try if on both ends that
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confuses investors, so far it does. >> i observe apple trying to do, i think it will work, is that their big penetration is in u.s. and europe. very high saturation for smartphones but the important news is that people are not buying their new phones more frequently than almost every two years. neil: like what happened to pc's. >> what apple also announced it did not get much attention but it is important their trade in program. if you have a loyal apple base that wants a new buy, you offer a trade in program, that is an incentive to get them to buy the product. neil: i know, here is what -- >> it works. neil: i should disclose i am an apple shareholder, here is my beef with this. maybe a product of your days of running the company, and steve jobs running there was a wow
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factor, when an announcement was made it was big, not parochial or pedestrian, it was going to be revolutionary not just kind of evolutionary. and it can be a halving like a -- behaving like an old company to me. >> i would give it higher marks than that. neil: you would? >> i would. elegant still has an elegant design, no one builds item like apple does. neil: i don't know, have you seen the sa samsung gadgets? >> i don't know i have a sam samsung galaxy 4, i have a blackberry, i got it all. neil: i think of it because we're chatting ever so briefly about this movie on steve jobs, i did not like the way they portrayed you by the way. but that, even then, there was a struggle going on, between the creative types and those maybe
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giving other experience just make sure we have a vision for making money. and they seem to still be wrestling with that? >> well i think, that tim cook, i have no inside information i am giving you kind of you know me. as having been there 10 years in industry there are first, my sense is -- for 30, my sense you will see as tim cook said, a flow of new product that will come out, i hop they have something in the wear able space -- ware able space? >> you are into the watch thing and. >> i didn't say watch, i said warable. neil: someone. >> i am a cofounder of a warable company we work with apple. neil: would that take attention away from other devices.
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>> i don't think so, if luke at apple use -- if you look at apple users they often have more than one product, may a mac book air. an iphone, an ipad. neil: have you looked at samsung. it needs to hook up with the phone. >> i'm not impressed with samsung gear, but i was not impresseed with sony's watch either, i am saying warables. neil: if not on the wrist, where else, head set, glasses, earrings chips in the skull. >> it could be any of -- well not chips in the skull, but any of others, shine can be worn in all those places, and sensors are passively sitting there monitoring, the purpose part of story is the data that can be you know predict he'l health ris
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for people. neil: back to that movie, did you like it? did you like the way jobs was portrayed or you were portrayed? was that accurate? >> well, let me say that the movie was a huge disappointment, i think to anybody that knew much about apple, set aside me, talk aboutgy of jobs, he -- steve jobs, he was portrayed as an angry man, steve was very focused. he could be arrogant but not egotivityical. >> the man who was misportrayed was wozniak. he was a generous, they made him
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come across as a service tech. i went to movie theater there was like almost nobody there. neil: did they look around, and say, i think that is the guy? >> no. neil: former apple ceo, john scully. all right next i want you to find out how mcdonald's could be mcripping a lot of you off and you don't know it, after this. any last requests mr. baldwin? do you mind grabbing my phone and opening the capital one purchase eraser? i need to redeem some venture miles before my demise. okay. it's easy to erase any recent travel expense i want. just pick that flight right there. mmm hmmm. give it a few taps, and...it's takenare of. this is pretty easy, and i see it works on hotels too. you bet. now if you like that, press the red button on top.
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♪ how did he not see that coming? what's in your wallet? how did he not see that coming? nascar is about excitement. but tracking all the action and hearing everything from our marketing partners, the media and millions of fans on social media can be a challenge. hp to build the new nascarth fan and media engagement center. hp's technology helps us turn millions of tweets, posts and stories into real-time business insights that help nascar win with our fans.
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neil: chew on this, just when our biz blitz starts to take off, mcdonald's could be ripping us off, a blitz box,
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selling food by the box full, our blitz is better for fast cash lovers, mcdonald's did not check this blitz thing with us, i have our lawyers looking into it, anyway. you could earn a lot of money off of the investment advice you will get here today on this subject to kick us off, mcdonald's you get mcnuggets, with us you get little nuggets. while mcdonald's box is super size we will give you tons of video of super models. i had no idea. chip chi-- charles payne said i, the more super models the better, mrs. payne not so sure, scott martin is wondering if cavuto should take some action, what is going on?
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first off, with mcdonald's new blitz? >> well, you know, look, probably next week, we should expect clash combo, because, mcdonald's is hurting, sales are weakening in u.s., they have been killed overseas because slowdown globally, they have to come up with new ideas, we saw taco bell, drop kids men that you no one yo knew they had, the fast-food customer is a -- >> taco bell had a kids menu? >> i know, and well, coul mcdons in a bad spot they are trying to rip off ideas from wherever they can. neil: i like the idea of a blitz box. every type of heart attack on a plate items in one box. >> 2940-calories, i know you call it blitz, i call it lunch,
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i agree, they could not figure it out, dollar menu, coffee, salad, hey! let's go the other direct, america is a fat runry, mexico hahas gotten fat. the more food police hate it, the more i like it, it is now looking attractive. neil: meanwhile, is disney in rather debt trouble, after lone ranger flop, release of new pirates of caribbean movie, is that a smart movie? the pirate franchise is a moneymaker on paper. >> that is the point, we're on the fifth installment or leading into it, now they talk about script issue delaying it maybe 2015, so, the question is, at that point, will it have the appeal of now. we'll have a lot of other moves
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come out that could probably steal the spotlight, and the time, and money to take to keep pirates in people's heads over that period of time, i do not like this move? >> what do you think. >> they say script in hollywood that is with a wink. on fifth edition of a movie you had a script problem? are you kidding me, just change the location, if it was africa, make it a asia, people still hao get over johnny depp with a dead bird on his head that scared everyone. neil: everything else he has done has been a hit why judge him on -- >> hollywood is sort of what have you didn't for me lately thing, i don't buy the script thing. neil: and dow stock shake up bank of america, alcoa, hewlett-packard are out, goldman, nike and visa ar in, the new instocks are buying and out ones you drop them? >> a lot of times one that drop will outperform for a while.
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but people who put up dow are trying to do what people are home are doing going for performance, they look at alcoa, never moving, and hewlett-packard should be in the 20s anyway, and bank of america, who even knows what is balance sheet, go for visa and goldman sachs back and nike, if you betting you want your index to do well you go with those 3. neil: what do you think? >> he is right, performance, if you look at dow versus other major indexes in last 6 months it is lagging, alcoa has not been a bellwether since i was prom king, hewlett-packard is probably going out of business. neil: wow, prom king. >> and i tell you, you know visa is another one, cash is so 2012, everyone is using plastic. neil: i think i asked all women that you turned down if wow would go with me, i think i went with my mom. >> how did you do? >> she said no.
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>> keep trying. >> what do you make of that? >> scott was the prom king. neil: history suggestions -- >> history suggests but, i agree, it is really maybe they are losers, they are losers right now, those companies need massive around. neil: syria and how it seems to be less and less of a feared war place, scott, it does not look like market think that this is ever going to be a conflict. relax? >> that is something we talked about a couple weeks ago, but i tell you we have seen with overseas conflicts they can rise and fall quickly, i would watch oil prices they have a way to rise, because i still think there are issues there that could disrupt supply. >> big war that wall street is worried about it the war in dc . neil: this could take attention away? >> it could, i don't think it will be a big dial, we'll see,
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you know. president keeps flip-flopping, wall street condition figure it out either. >> can't figure it out either. >> thank you, we'll all head out to mcdonald's now for one of those blitz meals. >> i'm not sharing. neil: you will not, good night.
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♪ gerri: hello, everybody. and gerri willis. tonight on "the willis report", consumers are in for a shock on the home front. mortgages are about to become much tougher to get. also, how do you do that? "consumer reports" is here with energy-saving ideas the you should be doing right now. in transforming the way we learn . another big step in the dismal plastron. we're watching out for you tonight on "the willis report." gerri: a lot of great stories tonight. first, our top story, the co

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