tv Cavuto FOX Business September 27, 2013 11:00pm-12:01am EDT
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neil: let it be known that this is the week that cruz controls. but who will have the last laugh? spoiler alert, cruz is not one of the main guys. and is the government trying to shake down jpmorgan chase? either way, a former whitewater prosecutor says that it is extortion and it is very scary. and it's scary when kids come up with his excuse for not doing their homework. congress doesn't bother, why should die. tonight, meet the man grandmother who says it's
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wreaking havoc on our kids. neil cavuto starts right now. ♪ ♪ neil: welcome, i am neil cavuto, and if you did not know who ted cruz is last week, that you know who he is right now. >> dr. seuss' green eggs and ham. i do not like green eggs and ham come i do not like them, sam i am. >> you go with the book about a stubborn book guy who tries green eggs and ham. after tasting it, he realizes that he likes it. neil: one devoted crusader, or should i say one devoted
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ted-cruz-ator. talked for 21 hours and 19 minutes and did what many thought was impossible. make the senate even less productive. [laughter] >> in the land of washington dc the nate >> in the land of dc in the senate of snooze, this bodhi lab had a name, ted cruz. >> i will not allow this nations money to support this health care lot. obama. it's a funny name, right? >> breaking bad habits final episode on sunday. and it is a story of a chemistry teacher and he has cancer and he starts covering medical bills. whereas republicans call that a legitimate alternative to
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obamacare. neil: that could have gone another day. welcome to the eight weeks and a big laughs. michele bachmann knows what you are in for and a lot more than that. before that presidential former candidate seems to be working overtime and laughing off and killing off this. what you make of all this? >> well, on one hand you have to have a sense of humor and some of those clips were really funny and we should laugh at them because they are funny. on the other hand, you have to understand that it is an attempt to undermine ted cruz. this is exactly what thee did with ronald reagan. and it's just a replay of what happens when there is an uppity conservative who comes forward on the national scene. what's really happening in the republican party, there has been nothing but deadwood for about 15 years. suddenly if you look at what the
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party is, there is a new leadership. a new set of ships that have come to town, mike lee, marco rubio, rand paul. what happened is that are outraged by it. the democrats are threatened by it and the media cannot stand it. everyone wants the power on ted cruz and she's taking over the republican party. neil: i would say that criticism or even jokes are that purest form of flattery. what you are seeing is an undercurrent that this guy is amounting to something, much like the original attacks that michele bachmann talked about, that she was becoming part of this. >> absolutely. >> it would've showed that he had no cat. but they are all focused on him shows the impact that he had.
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ted cruz will continue, isn't this interesting? there is no good news on obamacare. it's nothing but bad news on obamacare. you think these conservatives are going to stop in the efforts to try to stop this train wreck? they are not going to stop. >> it just leaves you with nothing but a tax on them. that is all the other side can do. >> sometimes a legitimately good laugh. i will say this. there are a lot of people and i do the same. what is he going on about? my boss is thinking about dumping it onto these exchanges. i don't know anything about them. but in a way whether you get your way or not, it is sometimes not mattering. make a statement much like arnold reagan dead. just missing the republican nomination and storming back
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years later. >> the people objecting to this message are the special interests and washington dc. out in the real world and america you have nothing but bad news. you have ups telling their spouses that we can't cover you. we have ibm saying 110,000 retirees, we can't cover you. >> it's no laughing matter to any of them. so will not connect. nobody is going to feel like the attackers are in their camp. they like what ted cruz is saying. neil: thank you, my friend. it is good to have you. now, the woman who is no stranger to media critics. no matter how hard they try to dismiss it. senator cruz, whether you disagree with a method in the
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personal accounts will do little heavy-handed. where do you think he is going out this? >> i agree with ted cruz. i was actually with him last night and we were talking about strategy and the way forward. the silver lining below was taken today in the senate is best. more than double the number of votes that they thought they might get came in. i thought originally they might have gotten non-republican senators. a lot of the viewers picked up the phone and made calls to their republican senators and say this is part of it. nineteen, that's incredible number. we will pick this fight up and the senate will send us a could go over to us in the house already fully funded government and now they decide that they want to fully fund obamacare so that we will have a very strong contingent of republicans that will stand for nothing last and
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truth be told there is a lot of democrats out there who hope that we prevail because they don't want to take the blame for this though they voted for. >> just on that portion. neil: even stripping it, some of the controversial provisions. you had adhered to this firsthand. any advice you can give senator ted cruz? he had an inkling with this and elsewhere that they are going to go slow, don't go crazy, do not ignite the crazies. we can do this, we can win is if you just moderate the tone. what do you say? >> i say that sometimes the worst attacks can come from your friends and your own party. what you have to do is realize who it is that you are speaking for her. ted cruz did that admirably and
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he knew who he was speaking for. the american job provider. he will hold a true north and you have to do that. it's very quickly and you have to realize why you are here. you are here to fight for what you believe in and you don't let washington get to you. i see in him a man of great strength let that happen was going to continue to be a strong voice. i am for ted cruz and executed a wonderful job and he inspired people. neil: there is an agenda in their a lot of people that don't know who this guy is. early on, i remember in the presidential callings.
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i believe that there was a concerted effort that was delegitimize because she is gaining some traction. i often think that whether deliberate or not, there is a tendency to take any promising thing and make a mockery of them. >> if you have a black candidate board hispanic candidate, ted cruz has an hispanic name with his father coming from cuba and you see him as a real threat. so they are scared and this says more about him in a positive way. he recognizes it as intelligence. again, what republicans need to recognize is stop listening to these pundits and what he says. he shows real leadership and this is someone important to get
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behind. neil: congressman, great to see you. have a great weekend. health care exchange of starting out just as the government should be shutting down. so why is the president going down? stubborn, stupid? our next guest says maybe both. ♪ [ male announcer ] now, taking care of things at home is just a tap away. ♪ introducing at&t digital life... ♪ ...personalized home security and automation...
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neil: welcome the two the b-side. health care. everyone says it's going nowhere. but on the b-side, we go against it with this question. we don't have another day or chance. you heard me. what have we done here in this entire health care titanic. is now pushing it eventually under the sea? radio talkshow host says do not let this happen. everything else seems to be put off. she says why not call the whole thing off. you are a mainstream republican that says, you have demented our prospects next year. what do you say? >> i say that i think if republicans stand strong on us,
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they are simply responding to the wants and needs of the american people. here we have a bill imposed on us that no one even had a chance to understand. now it is being imposed on us in a radical way and businesses and people are saying no, we haven't this and we want nothing to do with it. one of the most important proponents is that less than 3% of federal bureaucrats even want anything to do with obamacare. neil: i have said many times that when the chef isn't eating food at this restaurant. >> that's right, you don't go there. >> exactly. neil: but learning a lot about the republicans, when i was in washington this week, i said, that we are all on the same page. i have thought this as much as i could. we lost in the 2012 election
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came, we lost again on this issue. otherwise it can delay this or pick this apart. it is not doable. what do you say? >> it is a backbone for once in your life. he has had a backbone. the right of the republicans -- neil: but he rereads the rules of the senate and he knows the numbers. >> i understand it. this is where republicans need to fight to the death. why have one good battle and not go ahead and fight? >> they argued that fight to the death means that we all die if we push this forward. >> i say no because public opinion is on their side. neil: but what about the shutdown? >> the justice needs to be delivered. but this is not about republicans causing a shutdown. but this is about the elite in washington dc and posing this radical bill on us. >> i hear what you're saying.
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>> is the mainstream media going to play that way? >> the mainstream media hasn't gone that way. they have said it's a great thing, it wonderful, instead of pills we will have little chocolate m&ms and little bunnies. that's what's happening. neil: really? because i would pay money for that. sumac thing is that republicans need to take this message. and come in to sell this to the american people. american businesses can't afford it and american people don't want to. all you're doing is republicans as being responsive to that statement. neil: that is the one. as a warning for speaker boehner. do not return something that does not include this. >> right. neil: we have a shutdown, we are up against the debt limit and it will all implode and you guys
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are part of that. >> they will call us names no matter what. they will call us names no matter what. if we are pushover, they can always bully us on the playground. this is playground politics. the republicans and democrats need to act like adults and do the right thing. we're not ready for it. the obama administration isn't ready for it. the right thing to do right now is to say, you know what, let's take a step back and a deep breath before we do this. let's help the american people understand how to do it we are going to listen to them. neil: what everyone else says, the prospects for killing this thing is dead and jane ford is unreasonable. the site is that you have to look around. >> you just have to put responsibility where it goes. the fact that it's not working
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out is not their fault. >> okay. they think everything is the fault of fox news. >> and the framers because they forgot the right health care in the constitution. but i do think that there is an easy message. that is that the republicans need to say the democrats got theirs. it is not incumbent upon the republicans. this is incumbent upon the democrats. and shutting down until we have this fixed and then we can proceed. >> okay, when we come back, debuting a brand-new segment driven by you and your outrage. you can see this and in just a few minutes we will show you. a couple of warnings here. we are only going to use tweets
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without profanity and not tweets to have personal attacks on me or my weight. meanwhile, did you hear the one about the poor government guys in dies in a plane? it turns out that the airfare was the least of their problems. a lot of folks forgot what ronald reagan said about ronald reagan's ultimate cost. >> the nine most terrifying words in the english language are i am from the government and i am here to help. - see who does good work and compare costs. it doesn't usually work that way with health care. but with unitedhealthcare, i get information on quality rated doctors, treatment options and estimates for how much i'll pay. that helps me, and my guys, make better decisions. i don't like guesses with my business, and definitely not with our health. innovations that work for you.
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that's health in numbers. unitedhealthcare. 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. 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 help nascar win with our fans. ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history...
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neil: this simple question. once we heard the attorney general eric holder were flying out to detroit, they could picking up a tad more than just their plane tickets. just a few hundred million bucks, and a carry-on as well. that has a weird sounding situation. >> i think it shows two things, that our accounting department doesn't know where our dollars are, or that -- neil: where did we come up with this? >> pretty much. and the government basically wanted to look like they are the knight in shining armor and rescue the cities. and what we are doing is
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rescuing them. neil: they are not rescuing them with that kind of terminology, they are is no rescue being planned, but normally when you come to $300 million, you left a lot of folks thinking that's. >> the distinction and the thing is that detroit cannot pay their loans. it was federal money committed for a variety of reasons, redirected to the same thing that the federal government is doing and i would say what the federal government is doing in this instance when it comes to a, b, c, showing compassion for a city that needs some right now and doing something. doing something -- i stress that word because this isn't that much money considering how bad this is.
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>> now you're telling government officials -- neil: not that you're not telling them not, but i'm wondering what it leads to what other cities. chicago is in a world of hurt, and they did 300 million for them. >> nobody wants to sit here and cut the teachers pay or make the hard cuts with salaries. especially if you are at the elected office looking at election time. let's not make the hard cuts because the government is going to back us up. i think we have taken a safety step. neil: 300 million doesn't even
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come close. i agree with that. and now the city is fighting themselves in this debt. but it could be a signal if you renegotiate it. the bailouts and rescues, you can go ahead and do risky things because the government has your back. is this what they think? >> a couple of thoughts. we do have a political system that runs our country, but if we are going to go that route, we have people whose timing we question and whose motives we can question. i pref that to some sort of dictatorship. i think most everyone else if
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you are running us, it could be one thing or another. neil: this is ingrained in our culture. and on and on. there have been expectations -- and they may not make me pull some, but they will help me out. >> i think this is directly tied to why washington hits the debt ceiling to be raised. and nobody ever goes and says i'm not going to do that. this is why the administration is pushing the debt limit so they can cover all these other bailouts. >> i don't share that, i don't think it will lead to a bunch of bailouts. i do think it will lead to more money to get them over the hump.
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>> the end result is all honesty. are you going to sit there and do detroit not birmingham? >> we have a long-standing tradition in this country of the federal government helping out all kinds of crisis. i don't think we should change that. that is what is going on right now. neil: 18 cities are in crisis. >> in the media, we are doing the right thing in picking taking it apart, criticizing, saying it is this where the money should be spent, should we avert the crisis. we do the best that we can. >> media is not covering it.
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this has been predictable. >> a crisis is when a city doesn't have firefighters put out fires. >> but we knew that was coming from an original responsibility of planning. >> will the dog ate my homework be the excuse they use? neil: it is so yesterday to say the dog has eaten my homework. congress never get stuff done, why should i? that's a new one. when kids learn the darndest ♪
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with premium service like one of the best on-time delivery records and a low claims ratio, we do whatever it takes to make your business our business. od. helping the world keep promises. >> is it possible that the democrats can negotiate with house republicans? >> i will not negotiate over the full faith and credit of the united states. >> the president says that i'm not going to negotiate. well, i'm sorry, but it just doesn't work that way. >> there is no need for conversations. >> for too long, president obama and his democratic colleagues in the senate have chosen to ignore a booming debt crisis. >> they focus on politics and trying to mess with me.
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neil: a big old washington dc class. at issue? the congress and the president on every issue up against yet another deadline to provide a good example that will also be part of it. that is when we decided not to talk about politicians ripping each other. neil: it is a sad excuse when they say that they are late, i'm going to be late. >> it certainly affects example that we are setting for our
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children. no, mom, let me do that come it's not about this. we have to be doing this d we have to be taken care of what gets done. the covers is not taking things seriously and things are not getting done in a timely manner. neil: all they hear isarguing back and forth, some could say. mad at each other, asking each other stuff, but if they see an adult do it, not only adults, and almost influential adults, they say what the heck. >> i also think that we are not setting a good example for children all the time because we are not setting a good example. enough is enough, let's come to a compromise and agree on something. we are going back and forth with the nonsense, we have to set a good example for our children and not everything is going to be perfect. this will lead up to the last
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minute. neil: the same stories like tip o'neill, a few cocktails along the way. but each sort of realize is that if i give the other guy something, you know, we are both kind of winners here. but still, things got done. >> compromise. we have to ensure that we can compromise and we will come to a solution, but in a timely matter and not leaving things up to the last minute. neil: do think the kids look at this and say, it is a weird country and that depends on the age. that we are so dysfunctional.
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>> the more they are going to think is that let's go with and make a decision. >> let's come to some type of agreement here. neil: you are going in your room and not coming out and not going to the restaurant were in the restaurant at all. >> i agree thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind...
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things are taking heat. robert ray saves in 10 said that he been watching this whole jpmorgan jamie dimon ring. he has concluded that maybe this isn't about a government, but a government and its chairman. i recently know jamie dimon, and you can explain from having one of these vast tracts, is there a connection? >> it's really hard to tell. you don't know what is on the other side. he is negotiating on behalf of the banks. he met with the attorney general for an hour. but the numbers are astronomically high. >> they could be over 10 million. neil: the multibillion on the whale trade, that really didn't
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hurt anyone. and they have reserves of over $600 million for legal fees. we are talking about a settlement of over $10 million. neil: this has to do with bringing people up to speed -- you know, they add more, but isn't that a little bit much? >> there may be a willing victim on the other side because of jpmorgan and the other big banks. bank of america and other banks are wrapped up with multiple different tential in losses and liabilities. and they have a way to negotiate to buy some type of global peace and. neil: do think whatever deal with jpmorgan will set the stage? because they are arguably the most successful in the best
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shape. >> and you will get similar eye-popping deals. >> i think you will see the similar eye-popping deals we start talking about billions. you are using the levels to extract settlements and that raises, i think, legitimate questions about whether or not that is appropriate. it's one thing to hold individuals accountable, we all understand the proper function of law enforcement or come it's another thing to start talking about using the threat of law enforcement action soon i have to talk about this, with the meltdown, a lot of these guys are still pushing over the edge from a pilot these types of
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signs. >> i got to determine not the one absolutely. but i'm wondering whether it one or another, you see it in other areas of the government. two money is one thing. if you're really talking about law enforcement, you should be talking about holding individuals to account is not always easy to prove in any case. at. neil: but this is very effective. is that psychologically true? that someone will pay anything? as long as they can avoid this?
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>> what conclusion do you think that this draws? i'm concerned about the fact that looks like justice for sale. that has two aspects to it. they are not particularly positive in the public image two. neil: when did itbecome looking at the are utterly disgusting. a billion here, billion there, it adds up to real money and you have to say to yourself, okay, they are buying peace, at what price? low-price for justice. neil: thank you so much for being here. all right, we have been telling you all this week that we hear you. we are sick of experts bs. so you wanted them to know the other side of the mainstream
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story. the mainstream media. but nothing caps in to your anger and frustration more than letting events. weekend ♪ 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. 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 help nascar win with our fans.
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>> our new segment tonight, melissa francis is here >> our new segment tonight, melissa francis is here to react to what we are >> our new segment tonight, melissa francis is here to react to what we are seeing on twitter. anyway, first out, you guys are just that fed up. with this entire health care
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law. my commentary about the president laming funds, fox getting companies to drop their workers, the company said. when all else fails, blame fox news. another blame game is the president's only game. and it kicked off viewers to obama. we are all of theproblem and we should just shut up and give the king what he wants. >> i say when watching the president, what an endorsement. really, isn't like the president to take a shot directly at fox news? at. neil: picture us to do that. to be that low. melissa: that is kind of our job. the people that are out there
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doing that. that is what journalists do. neil: that's a lot more painful. but it does seem like to engage on that level, really don't have a lot to stand on. but it's good product placement. the on-the-fly coming up with something like that. neil: what ever happened to no budget, no pay from the last continuing resolution. they lost it and then still another. explain why congress will get paid if the government shuts down. melissa: i don't know, it's like the debt ceiling. if i max out my visa, the first thing i do is call vsat and demand that they increase my
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limit. no, that is outrageous. you're talking about the budget. they can't get together and get organized about a budget to live on. i like the idea of the government going home for a little while. the one technically the president said that he can raise the debt limit. not increasing the debt, but as you point this out, you're you are setting the stage. >> you are not tackling real problem. that would be tackling the problem that is leading to that with the debt limit. it is all intertwined in my mind. it's about getting spending under control. so it does seem fair, that's how i would handle that. neil: absolutely. that was then, this is honestly not now, and one of our viewers quotes, reminding us just why standard & poor's downgraded its
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in the first place a couple of years ago. we lowered long-term rating because of the long-term controversy of the debt ceiling. but it is essentially still going on. >> it is the same nonsense. you saw that he was punished later for doing the downgraded. neil: do you think the other agencies will risk a downgrade? >> i don't think so. it's just giant government out of control and your viewers actually see that. neil: they are very smart viewers. and our tweet of the day now. how can you not love this. i mean, alyssa, and how can you not loe this? >> i definitely have to say when i came in interview here, that i said when i grow up i want to be neil cavuto. [laughter]
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in maturity and mental capacity. when i grow up, i want to be neil cavuto. neil: anyway, melissa francis, you would never know. a childhood star and everything. a harvard graduate. melissa: "money with melissa francis." watch it on fox business. neil: thank you. [laughter] meanwhile, microsoft is looking at ford ceo to shake things up. um... where's mrs. davis? she took an early spring break thanks to her double miles from the capital one venture card. now what was mrs. davis teaching? spelling. that's not a subject, right?
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i mean, spell check. that's a program. algebra. okay. persons a and b are flying to the bahamas. how fast will they get there? don't you need distance, rate and... no, all it takes is double miles. [ all ] whoa. yeah. [ male announcer ] get away fast with unlimited double miles from the capital one venture card. you're the world's best teacher. this is so unexpected. what's in your wallet? [ male announcer ] now, taking care of things at home is just a tap away. ♪ introducing at&t digital life... ♪ ...personalized home security and automation... [ lock clicks ] ...that lets you be cloto home. that's so cool. [ male announcer ] get $100 in instant savings when you order digital life smart security. limited availability in select markets. ♪ limited availability in select markets. maestro of project management. baron of the build-out. you ed a permit... to be this awesome.
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neil: it is time for our business blades. here is what has the business world buzzing. and they could do this to reignite fans. outside the chip. many have drifted away. some wonder what he really knows about the software. they said the same about a cookie guy. john layfield is here to talk to us about what he thinks. >> i definitely think that alan mullally has done a wonderful job at ford. steve has been criticized, but you can hardly criticize him they just bought tokyo for about
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$7 million per that they have not been able to grow organically. what they need is a visionary like alan mullally. a visionary. i think it could be the perfect guy. neil: i always think that the best company ceo is like a market that you have the ford that. that raises the question whether lawley is that guy. >> i have to wonder that. if microsoft is part of that. there is a bigger twist. whatever comes in and whoever comes in to microsoft, they will not only get this magic untrained baggage but look at the implementation of innovation. they want people to be excited about the microsoft name again.
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neil: what you thi, keith? >> i would like to agree on that. at. neil: okay, onto mcdonald's side salads. they are doubling down on healthy. >> i think it's a great pr move. i think it is brilliant. they had a bad pr data about a month ago. at minimum wage. this is brilliant. the worst thing that mcdonald's has done lately was to get a 99-cent burger war with burger king. you are losing some marn here on french fries and soda but the pr benefits outweigh all of that stuff. >> i like eating a mcdonald's
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myself. especially when i come running, off an airplane or something, always good value there, especially when looking for a healthy alternative. neil: and what is that i hear? it's time. it's time for the nightcap. [laughter] hoping that washington comes out with a way to avert disaster. >> washington is so irresponsible, it is just beyond arrogant. and i wish that they would actually sit down and shut up and do the job and we need government. neil: we need someone like layfield busting heads.
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layfield is going to rip you a new one. but short of that, john, what do you think of that? >> i think that he is spot on. look at the language that has come out of both sides. comparing each other to slaveowners and not to germany. this is a disgrace that this is happening to our country. probably better than a 5050 chance that we do have a government shutdown. but i think that there is a decent chance they are. neil: okay, in the next one, how long will it last? >> yes, because we are talking about one third of the budget, $106 billion we are short. the critical problem is active-duty military gets cut, congress on the other hand continues to have multiple health care plans. they continue to get paid. they need to be locked in a library somewhere were sent to bed without dinner like melissa said. it's in a disgrace and embarrassment. neil: do you think it will last longer than a week?
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>it's hard to say. we still have it. they can't agree on pipelines or . >> potential government shut down, "money" with melissa. melissa: i am melissa francis, here is what is "money," is tesla about to get totalled? one of the auto industries experts says yes. >> and if chemical weapons are not bad enough, assad said he has worst, and not afraid to use them against israel, experts to tell us how worried we should be. >> who made money today? they are having no problems earning their keep after being called up to the big stage, stay tuned to find out who it is. it is about "money."
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