year. >> this $10 minimum wage choice is a job killer. stay away from it. >> forget about minimum. you know who's really, really going to take it to the come on. "cavuto on business." neil, take it away. fromaking off without a hitch to launching like a, well, son of a glitch -- son of a glitch. anyway, hi. good to hav you. i'm neil cavuto. and leave it to a service all about tweets to me washington look like a bunch of twits. twitter stoc taking flht this week. you might have heard a thing or two about it. very little turbulence. all that preparation paying off on the big day. very different from washington's prep work for health care law's big day, which we haven't recovered from in all of these days. call it the difference between an ipo and an ip-no. ben stein, dagen mcdowell, and

charles payne. night and day. >> night and day. it boils down to one word, accountability. it's what drives the pri-is the sector. bottom line, new york stock exchange has to please members, shareholders andinvestors. they have to go out and do a fantastic job. this obama care exchange, it was driven by two things. ideology and ego. i want it on october 1. well, we haven't vetted it. put it out on october 1. that's what it boils down to, this president is not accountable. no one who works for him is not accountable, not just on this, but a slew of events. >> practice makes perfect, or at least not awful. they went through it on the new york stock exchange again and again and again to me sure it went off without a hitch. clearly, they wanted to make sure the launch went smoothly, and it did. lessons for the white house? >> well, they should have known better.

they should have tested the health care exchange website. >> well, they didn't. we're past that. >> and they had warngs in approximately saying there's a train wreck coming down the road. watch out. they didn't do anything >> but he says he said that. you know, it's like these people, i warned them. >> he did say it. >> ok, fine. >> he said it in front of kathleen sebelius in a hearing. i believe it was in a hearing all for the publ to see. >> he whispered it in her ear. >> it's about personal responsibility, to charles' point. and that means you get fired if you screw this up. we've wyet to see anybody lose their job, except the one chief officer at medicare and medicaid resigned, and won't say why he left. >> there's so many liberals in silicon valley, you would think they could ask adam to help them >> i'd be a lot more confident if they had. >> thank you. >> how many liberals a in

silicon valley? the guy who runs twitter is probably liberal, as is zuckerberg who runs facebook feeds obama whenever he wants. but if they needed experts, the left of silicon valley, was right there for them. >> look, yo and your pal with the same first name are revealing, you know, your bitter hatreds here. >> bitter. >> obviously -- >> wow. >> it's either racism, bitter hatred. you can't -- that's why we have these problems, by the way. because the president is beyd reproach. you can't ever criticism him or you're bitterly angry or a racist. >> the only name i'm calling you is charles. you're both charles, right? >> what was your point, adam? you're losing us there. >> my point is that this has nothing to do with ideology or nothing to do with government, because as you pointed out,

neil, e nasdaq screwed this up with faceok. the private enterprise oriented nasdaq made a horrible, horrible mistake with that ipo. and it's not li they didn't know how to do this. they did. it's not like they didn't know this was a big challenge. theyid. and they screwed it up. the only point being, tat private enterprise can screw it up. government can screw it up. >> adam, i will take this up with bentein, because i find you now tiresome. but i will -- i'm kidding. but, ben, i'm only saying here, in the private marketplace there's competition. nasdaq screwed up, so we go to the new york stock exchange. with the government, that's a one-stop shop, and it's a shock and that's what happens because if that rews up, there really is no alternatives. >> well, a few things with all due respect. launching something like obama care is about a trillion times more complicated than an ipo, even of a very, vry popular website. >> absolutely. how about the practice part of it, though? >> well, that was a disastrous

mistake. and i think that the point of points, probably the best point i have ever heard on this show, and i've been doing it for a while, is charles' point about the sycophantic white house where people tell mr. obama what he wants to hear. he sees no evil, hears no evil, doesn't know of any evil. but when something happens, it's never his fault, and nobody ever gets fired. that is a real serious problem. accountability is everything in gornment. everything. >> but no one is losing their job. >> no. it's not happening. >> so what does that mean? >> like one dude has resigned. and they don't lose their jobs, and it's somebody else's money. when you're dealing with twitter, these are people -- these executives have money in the company. and ultimately how that stock does and how well that ipo goes of goes right to their own wallet. >> three years, guys, three years to get this up and running. three years to launch it. >> i think our glorious host made the best point about competition. nasdaq screws up. you go to -- >> hey, that's me.

>> you know, if nasdaq screws up, go to the new york stock exchange. and the nasdaq is better in the meantime. that's what the private sector does. that's not what the government does. it will never get better. >> let's be fair here. first of all, the head of nasdaq didn't get fired. he was on an airplane right after the facebook ipo started. >> but in the meantime, he made the nasdaq better. he fixed the problems because, guess what, twitter and other ipos have now moved to the new york stock exchange. so competition makes him better. >> we are complaining andthers are complaining of e white house. >> competition. >> it will get better too. >> not because we are complaining, it's becae h lost money. it's the competition. >> your original point, the administration doesn't admit

mistakes. say your underlingsare afraid to bring up problems. people are afraid to tell the emme ememperor he's nude, rht? >> he didn't know what was going on in ben ghazi. you didn't know wh we were listening to angela merkel's phone calls. you didn't know anything with the nsa. >> or the irs. >> you can breed an smeers where you don't kn anything, bu it's a terrible atmosphere. >> by the end of the week when he's apologizing and saying he's sorry -- >> did he apologize? >> you had democratic senators get a two-hour meeting in the white house, unheard of, with the president. you saw what happened in virginia. we don't know if we can survive this hing. his approval rating went down to 39%. >> but nothing changed after that meeting. he's not apologizinapologizing. >> thas where the ego and ideology comes into play. at some point, the president has got to bend or he'll ruin it for his own party. he's already ruined a lot of other things.

>> he said he's sorry that it happened. >> right. >> like a couple when they ge mad, i'm sorry you're upset. >> right. >> i want to point out that bob grifieldid apologize. >> always sticking up for your private sector cronies. >> ben? >> i love the idea that a president can take thi thing ying i'm going to be responsible, mr. bush was not responsible, he was an imperial present. and we have the most imperial presidenof all time, cloaked in a folksy manner. >> and we've never had an imperial ceo, ben, who doesn't listen to what's going on in the organization. >> the president is a lot more important than any ceo. >> for now, ben, i'll take a leap and put you down as a maybe on the president. [ laughter ] >> when we come back, having trouble? sound like a tax hike? then call it a use fee. that's what some lawmakers are

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eliminate so-called transfats from all food products. you can find them in things like frozen pizzas and chocolate chip cookies. this has a lot of food companies that have been cutting back on their own, but apparently it's not good enough >> we always have this debate. this is more in my mind a nanny state stuff. there are soany alternatives when you shop. at the end of the day, parents are respsible for what their kids eat and adults are responsible for what they eat. you have toonder where to draw the line at is i know better than you. this is what the obama care is all about. i have a better insurancpocy for you even if you can't afford it. >> but what if people are ignorant about the dangers of trsfats? would the argument be, well, we studied it, it's dangerous, and we think it's best that you don't have it. >> take out a flyer or commercials and inform the american public that maybe you shouldn't be eating this stuff. but to outright -- >> make outlaw the pillsbury

dough boy's picture. >> putim in a t-shirt that says, i might be hazardous to your health. i don't know where you draw the line. bacon is bad for you. there's all kinds of studies about how that's harmful. >> really? >> ban bacon? ban pork? i just don't get it. i don't know where you stop. >> i'm going to get mad when they start banning vodka. i'm waiting for that. ban vodka and everything else. >> now we know, charlie. >> adam, what do you make of this? of course, you worship at the altar of the nanny state. so who am i talking to? whato you think? >> it's not about the nanny state. the medical profession is clear on this. it's one of these things that it's not even up for debate. when something is bad, progress dictates that we do our best to get rid of it. >> but the transfats were not bad before. now they're bad. saturated fats were not bad. then they're bad. we keep changing this. >> well, look, there's

responsible ys to drink vodka and to eat bacon. and the medical profession overwhelmingly believes there's no amount of transfats that's remotely gd for you. and so, again, we're making progress. >> ben stein, how do y weigh in on this? i think it's our choice. >> it's unbelievable. i keep thinking could this discussion conceivably have happened in 1953? could we have imagined the government telling us what kind of okies we're allowed toave in 1953? >> like jim crow. >> no, no. that's not the relevant point. the relevant point is, could we have imagined this kind of interference with our freedom 60 years ago? would have been unimaginable. and now it's only a minor debate. >> ben, they probably didn't know transfats exied in 1953. >> i wonder how many -- we know is bad for you. they had no idea. >> i want to ask any -- i'd love

to know how many deaths have been clearly caused by transfats. give me a number. and why would we be tellin people -- why don't we tell people not to drink? i have seen the effects of alcohol and vodka. there's a very good thing to outl. you want to outlaw something, outlaw vodka. >> vodka is worse than transfats? >>re you killing? alcoholism is a murderous horrible disse. >> but we have an obesity problem in this country. people are dying of diabetes. >> and we ha an alcoholism problem too, charles. >> hold up. >> i want to go back to there's going to be more government pressure to outlaw things that are bad for us to keeus skinny as the government foots the bill for more of our health care in this nation. you've seen it in new york city with mayor mike bloomberg, and you will see it more and more -- >> we'll have more on that. charles, can i ask you i'm just wondering, we have seen a slht declin in the obesity

rate in this country. i'm doing what can to hold it up. but i wonder if the ones who are arguing for this can argueback, see, it's working. michelle obama. it's working. >> i think we were seeing that before, just like cigarettes and other things. you brought up how many people know about transfats. an charlie mentioned in the last 50 years, peopleknow about these thin. i dot think anyone goes to mcdonald's and thinks it's good for you. >> wait. it's not? >> here's the thing, though. i do want to sayou kno i find it intereststing -- >> that was a good one. >> the government is saying it's ok to smoke marijuana, but d't take transfats. you can't do one without the otr. >> yea right. >> let me ask you ts. >> you're hungry. >> what's going to happen if we ban transfats? is the crappy food goingo tastbad? >> you ban this, you ban that. >> i understand that. so you ban howitzers because if i can't have a bazooka, i don't want a gun.

>> are you for it or against it? >> i have no problem with . >> with what? >> bans transfats. why do we need t? >> you're like the -- >> well, why do we need vodka? >> there's a responsible way to have one drink a night. >> vodka has its place. >> without vodka, i couldn't get thugh the night. are you kidding me? >> adam, finish that point. i'm sorry. >> my point ben's cnging the subject. there's a responsibleay to drink vod, because vodka can be abused doesn't mean we eliminate it. the point of the medical profession, ben, is that there's nothing good to say about transfats. >> do you know how much transfats you could have to eat to cause fatality? do you he any idea of the quantity involved? >> the medical profession has an opinion on this. i don't know what it is. >> godfather pizza. you had him on the show 10 years ago. you said you ran a pizza

company. how did you stay so slim? he said, i have one slice, and that's it. we're talking about responsibility. >> by the way, that's horrible pizza. >> itaan americanso not think that's pizza. the ultimate conundrum for my buddy, ben stein. vodka filled cinnamon bun. when we come back, a dollar bill. this guy mightbe the next mayor of new york city, but he could cause everyone in the u.s. of a. a lot of bills. we report. see where you want to hide. ♪ bny mellon combines investment management & investment servicing,

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and once again, the smackdown. one. two. three. >> this is our future. from victory in new york cityo potential financial sector in america, the big ple new democratic mayor de blasio has some on wall street worried. do you think americans have a lot of reasons to be worried. >> i'll stop calling de blasio comrade de blasio the minute he stops giving aid and comfort to the santa rista

rebels he gave aid and comfort -- >> what es vit to do with money issues now? >> he's a socialist. i refrained calling esident obama socialist. he did not nationalize banks. they bailed out the auto companies -- >> but right now, america -- charles, the fear is he wants to raise taxes on the half million dollar overcrowd to help out education. 'd have to get approval in albany, which might not happen. he thinks banks having done enough to give back pain they caused people. rich people haven't paid enough. fall-out is what? >> you attack wall street and you take away the profits. the poorest people in new york city become more. i uld hurt the country. 44 of the foune 500 mpanies are head quarterbacked in the city.

>> i -- are headquartered in the city. >> the power that he answers to the union. he has to negotiate the contracts . 300,000 workers. they want billions of retroactive raises. you watch out if he gives them power. >> are you watching out there in lala land? >> ben says the democratic party see how he creamed the republicans and they are saying leftward, evereftward young man. that is scary. >> adam, you found your patron saint. >> the high-level analysis is right. th voters are willing to approve higher tes bill de blasio is more than -- >> put this context. socialist is running the financial capital of the world. >> a.b. >> not a socialist. >> charlie, gen, thahank you very, very much. up next, another major retailer opening early on turkey day with big sales. turkey day with big sales. are you

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drink water. it's a ng story. well, not having branches let's us give you great rates and service. i'd like that. a new way to bank. a better way to save. ally bank. your money needs an ally. holiday stocks. >> they have reiland all wrong. it's a screaming buy down here. it's oversold. >> am in >> applied materials. the big semi-conctor equipment neverer going through a rough patch, a big merger. inexpensive. >> ben, how about you? what are you doing these days? >> this is low p.e. >> ben, does the raging market cool down? >> it hasto.

it to. trees do notgo to the sky. it has t cool down. >> don't go to the sky. got you. all right. cost of freedom. the place business. ♪ ♪ > so we stil don't know the official enrollment numbers for obamacare. the white house won't release those until next week. but what we do know is most the pele signing up for older. not the younger healthy ones who are needed to keep the new bureaucracy afloat. does that mean big premium strikes are coming for all let's go in focus with steve foes, rich karlgaard, morgan brennan, john tandy,. arthey coming? >> young people think they're immortal. they won't sign up unless they need it or have mental health