♪ ♪ ♪ >> we have had some problems with the website last month. >> yes, we have had some problems to the situation has been dire. >> i understand why folks are frustrated. >> i'm not happy about that. >> we always knew that this would be harsh. >> enough is enough. neil: work with me and think quick. what do president obama and rob ford have in common? what if i told you that only one of them is already addressing

the situation? welcome, i am neil cavuto. barack obama and rob ford could not look more different. the toronto mayor is not smooth and thin like barack obama, but they have serious crises os. i hate to break it to the white house. the mayor seems to be acting more quickly, getting ahead and here is why. he says that he is now getting professional help for his drinking problem and the president just punted on his health care problem in the mayor realizes that he has to look like he's doing something now and the president has dropped this insurance mess for a year now. the mayor still they tossed out, but he's not going without a fight. the president can be tossed out, but he's not showing much fight because the mayor is giving it all he has got. the presint is hoping the time will save the day.

in the mayor is on the brink because he is just a mess. his signature achievement is a mess. the mayor admitted it, the president has not. before you laugh off this guy, do remember to take a look at the smartest guys in the room going south. this managing editor says these guys have a lot in common and a lot of differences. but i will say that we are having more fun then it cuts to the core. in the mayor thinks he's making a better effort. >> yes, just look at the poll numbers. you have the mayor of toronto, he has actually gone up five points since the time he first admitted that he was doing

crack. neil: do you think that maybe the president wore a jersey, that might help? >> i don't know. he's got hollywood on his side all the time. but it hasn't helped him much. because obama has dipped to 39% is this disaster has been rolling out and it has not been good for him and i think that it represents for voters in the united states and toronto, i think voters really do care about how the guide governance. rob ford is, you know, he's led tax cuts and whether the propelling job growth, fastest job growth areas in the whole part of canada. in the united states obama is overseeing a disastrous health care law. a candidate from the poll numbers really care about how you govern and not necessarily about your personal life. although that does play a role. neil: i'm wondering what it says with a reserve of goodwill you could have and whether you blow

it or it goes away to what he can keep it and build upon it. the conventional argument is that this president is blowing away because the mayor, there might be more that he can drop or painful revelations that are still to come, but it seems that he's trying to get us out of it and say, yeah, i smoke crack him i did this and i come i did a lot of stupid things. and then he might just get out of it. at the present not so much. >> not so much. his personal life is an unmitigated disaster and yes. the president obama, if he's not careful, he will have an unmitigated disaster because of obamacare in this rollout has been horrendous and obama has look like nothing but a bystander and i think he didn't know how he got to the place that he was. and he realizes this can really hurt and all he did is set back

a year and it doesn't fix obamacare. and it could be his legacy is. neil: very good. thank you so much. and it may not even be legal. tim huelskamp will have more on that. it's one thing to try to put the genie back in the bottle. but it might be illegal to do so and that is what a lot of these insurance companies are going to go into. a lot of these states have been saying that they can do what you want to do, mr. president. what do you say? >> the president said this is the law of the land. yesterday another executive action trying to undo his signature health care law and we know that. and i think that we have made it worse.

we are spending various provisions and it's very troubling and that is why he has democrats defecting and they don't like the law and are begging him to do something. but i don't think most of what he's doing is even constitutional. >> certainly among republicans and others, letting americans keep their health insurance, he says that that is something that he wants to do and there are differences in how you're approaching it. how do you describe the difference? >> change in legislation, i don't it will eventually go anywhere. what we have 39 democrats, they are abandoning obamacare. they are sending shivers down their spines. neil: the house is letting people keep whatever plans they

have rather than one-year extension. >> there is only one way to do that and that is the full repeal and we have introduced alternative and we have introduced ths health care reform act, part of the things we need to do to make sure that every american is making a choice about their health care plans rather than the president of the united states. neil: we will watch it as this saga unfolds. thank you. now, that's what i was saying about whether you could willy-nilly go back and change the law and whether that's even legal. forget about whether states can make this happen. you have insurance commissioners are saying that they can't even try to make it happen.

jim donnellan on how companies can deal with this. it's easier said than done. so once this has been enactedd many insurance companies have systems in place to move what the law says they should have and you can't undo that. >> no question about that. we have been working for the past three years after the passage of the affordable care act to adapt our state laws and processes on the regulations of insurance and accommodating the requirements. all this is interconnected with the other parts. neil: what does that mean? >> go ahead? neil: what does that mean that you can't revise it or do you jump the line and start over? >> well, i'm not a policymaker, and regulator nutso we do and

the rest is appointed by her governor. we regulate, we don't make policy. and we implement that and have been doing that at the state level for 100 years to the recent recession and we fared very well as regulators of the insurance industry. but up to this point, the president is proposing a last-minute change in the system in the system is interconnected and to do that, raising the question of solvency issues are first accountability in order to protect consumers, which is what we we're there to do, our first responsibility is to make sure that the companies that they buy their coverage from a salvaged and to change the rules after you are embedded into the law and input into the process, guaranteed issue, higher rates for other groups, suppressed rates for other groups, it

threatens the solvency of the system by doing so. and he threatened the cost to those who are buying insurance going forward. and that last-minute change is really troubling problem for regulators in every state all across the nation. >> that's amazing. i always forget that adopted you guys. >> that is exactly right. >> yes, sir. thank you so much. you got a problem. neil: okay, in the meantime, i think that rand paul just zehnder chris christie, something he did today that is raising a lot of eyebrows and not the least of which a prominent governor in the garden

prominent governor in the garden state. you really love, what would you do?" ♪ [ woman ] i'd be a writer. [ man ] i'd be a baker. [ woman ] i wanna be a pie maker. [ man ] i wanna be a pilot. [ woman ] i'd be an architect. what if i told you someone could pay you and what if that person were you? ♪ when you think about it, isn't that what retirement should be, paying ourselves to do what we love? ♪

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♪ nothing, that's what? that's why i take prilosec otc each morning for my frequent heartburn. 'cause it gives me a big fat zero heartburn. woo hoo! [ male announcer ] prilosec otc. the number one doctor recommended frequent heartburn medicine for 8 straight years. [ larry ] you can't beat zero heartburn. and best of all, it means i can enjoy all the foods i love. oh, zero heartburn is awesome. just like zero clery. ♪ [ male announcer ] prilosec otc. one pill each morning. 24 hours. zero heartburn. neil: earmarks is like a dirty

word in washington and it seems everyone wants in on during special favors for the constituents in washington. even when they cracked down on a come if of you ever wonder whether they will actually return the money? these next gentlemen are doing just that. the agriculture commission, welcome to both of you. can you tell me what is going on here? >> we are turning money back in. 1.3 million in total. >> we are really excited, we shut down the department of agriculture fuel testing. we shut that down and we have privatizes services and we have eliminated the employees that were working there. and there was an earmark for $1.6 million instruct the lab

and we optioned this equipment only privatize the government service. and hopefully this will be replicated all over the united states. >> the question is that though they get back to taxpayers or the money they are saving on a product? >> it was a project when we went in with losing $900,000 per year. and we were quickly and we privatize that only are saving the taxpayers $600,000 a year and they are still being protected and we still do the fuel testing for the state of kentucky and we are saving the xpayers a lot of money.

neil: heading washington, with the products. they never really get back to the folks. >> two thirds have been spent were utilized in new jersey. you want to weigh in on that? >> i think there are ways you can help people and we have had a need for it help before. i've advocated that if you spend some extra money, that you think it will cut somewhere else and actually on the bill that would shake all government employees and i will give you a bonus if

you find savings or a government and i think there's a lot of good ideas that we can utilize that will save the taxpayer millions if not billions of dollars. the. neil: what you make of this that was created at the time. >> i think it was an invalid argument at the time and the reason why we should spend money prudently. even for good causes. so i'd say that money that we were spending overseas and we are not against that. but when we cut some of the money that we spend in pakistan. >> there are conservative ways to spend money.

>> you know, i think that giving my money now is not really the best attitude. there was a tragedy. and the fact that most of the money hasn't been spent argues for the money giving out a little bit at a time and maybe that money should have been offset with spending cuts and building things overseas. >> irate because. >> and that candidate is challenging with the economy for the republicans. when are you in a pickle there? i mean, what do you think of that? who do you support? >> well, i think that everybody gets to make their own decision. and every voter well.

>> a lot of our colleagues say this. >> senator mcconnell was for obamacare, but it's just absolutely untrue. and it's not fair. but he ior fiscal responsibility. i don't see anything bad about about his opponent either couldn't allow this to be a challenger. see one that's a great way to try to address some of what is going on washington.

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>> apple is rolling out a new iphone. >> i don't remember anyone suggesting that we should stop selling iphone ipads. neil: that was then and this is now. >> at a much more public edit transaction.

>> we have websites that have time. what strikes me about it is something that says the president kept explaining to the steve jobs individuals. a great game. it's not whether you can win or lose. >> there is no way that we can

be talked about by apple. [laughter] >> they are using a pop-culture reference. >> i will speak to the president. the current run is itunes. it is good. apple said it could push a butt and buy the song. >> still says apple.

>> is a good opportunity to say that this is very complicated. and buying insurance before there was a terrible time by the government have a website with complicated it was difficult to nobody in the world can do it as simply as you can buy a song on itunes and he's just trying to explain that to people and easy to relate terms. >> is impossible, this thing is not going to be ready by december 1. >> and 30 the applicants are doing it on paper. this idea is lame. macko had? this is where we can pile on the

criticism. it should've been better it will be better. this includes a process that is not real all the time. >> so that will do it. in the meantime, tea partiers are fighting to take over washington. >> i don't intend to run to the writer left of mitch mcconnell that server the top of mitch mcconnell. welcome back. how is everything? there's nothing like being your own boss! and my customers are really liking your flat rate shipping. fedex one rate. really makes my life easier. maybe a promotion is in order. good news. i got a new title.

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with a signature. legalzoom has helped start over 1 million businesses, turning dreamers into business owners. anwe're here to help start yours. >> i have endorsed senator mcconnell because i think he has been a good conservative and he is the leader in opposing obamacare. >> a lot of your colleagues don't feel the same way.

>> i mean, i think what has been unfair in their are some acting run in kentucky that say that senator mcconnell was for obamacare funding. it just absolutely untrue and not there. he has been a leader on the balanced budget and amendment and fiscal responsibility. neil: by the way, we invited senator mitch mcconnell to come on. we have not heard back as of yet. and it sounds like rand paul have decided that you're not his guide.

and we have certain amounts of funding that might require him to make the decisions that are in his interests.. but i like rand paul, he's donea great job. and i've voted for him twice and i supported him. i think he's terrific. >> maybe it could be a metaphor for the republican party to battle for what its real soul is for. >> what we have to have is a battle for the heart and soul and frankly for the entire

political process, whether we the people will have a voice. whether this is a government for the people. or whether we will be hijacked before a handful that self propagates and tells us who their protéges are. that is what is at stake in this race and it's a bit of a proxy for that. see what you get a sense -- the tea party challenges. but they go down to their feet and the democrats? what you think? >> i'm not too concerned about this. but the interesting thing is

that all the various same people who ultimately coalesced behind him, when he was bucking the exact same establishment that of endorsing this in some measure, the irony is that all those people are behind it. and this is a misery by the future of kentucky. we have a lot of issues that need to be addressed and i'm running against a guy who refuses to talk about these things. and it is unfortunate because we have railed one is the need to be talked about ms stayed at this time. i'm offering an alternative for the future and my opponent doesn't talk about that. >> and they are not really in

line with conservative thinking. >> he has certainly shepherded some deals that have slowed the rate of spending down. but heis not even remotely republican. >> he voted for the last cut debt ceiling increases in a row. >> you would never vote if it came time for a vote to raise the debt ceiling ever? >> it's interesting. we talk about this. >> he would never do that? >> and we cannot spend our way out of debt. we cannot continue to keep

raising the debt ceiling libya without concessions. >> meanwhile, that toronto mayor wind up in

>> do i smoke crack cocaine? i try to? well, we have been talking about this since a year ago. >> saying yes, exactly. first, the toronto mayor allegedly blowing the whistle on him. this guy says that it's too.net

criswell is not an idiot who can be here today. and so how did a group get elected this. >> i agreed with your tweet. bums like that and be invited to a hockey arena. >> that is ordinary. >> we all have due deference to our wonderful friends in the libertarian community. there is more to a democracy than just free market. you do need some kind of cultural institution and if you don't, democracy will not prevent you from that. and the fact that this guy has a polling rating that can go up, it shows that when he mentions

culture war is true and we are losing that culture war and the more we lose that from the more we endanger democracy itself. >> i think you have a problem with heavy white man, but i believe it at that. her topic number two, the government expects to take in a record $3 trillion. and can i get a refund. it's like, no more. and then, it's saturday and they're still running a deficit. that is a solaria. >> and we triple the votes of the tweets people? [laughter] >> it's truly interesting. that is how much money the fed has printed. and that is really -- i think what it comes down to it.

>> but the fact of the matter is that when the fed keeps printing all of this, the only people that benefit are the folks on wall street. >> they can't stop it. they don't want to stop it. and their deficit is going to be bigger this year than it was last year. >> but you see what they are saying. >> we don't have a spending problem, we have a revenue problem. >> i again repeat that it is what is happening in our society is that wall street is doing great they are pumping a lot of money and putting tax money and

then the money comes in hand over fist. >> more money the government has, if you think that is a good use of your money, fine. and they should get more of it. neil: is good seeing you, my friend. >> it is not hillary clinton, senator warren could be the one of these. and tdd#: 1-800-345-2550 trading inspires your life. tdd#: 1-800-345-2550 life inspires your trading. tdd#: 1-800-345-2550 where others see fads... tdd#: 1-800-345-2550 ...you see opportunities. tdd#: 1-800-345-2550 at schwab, we're here to help tdd#: 1-800-345-2550 turn inspiration into action. tdd#: 1-800-345-2550 we have intuitive platforms tdd#: 1-800-345-2550 to help you discover what's trending. tdd#: 1-800-345-2550 and seasoned market experts to help sharpen your instincts. tdd#: 1-800-345-2550 so you can take charge tdd#: 1-800-345-2550 of your trading.

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market crashes by 4000 points. that may be in part because we have injected a lot of government guarantees into the stock market through these financial situations. which throw taxpayers under the bus to create the stability. >> that was elizabeth warren before became the massachusetts senator. both sides would have added. and they either love her or hated her, but with both sides and now we keep asking her to come back, but she won't. she's getting the buzz is presidential candidate. sheila joins us now. a woman from both sides. but unlike this, she comes back. i don't know what's going on here. but i will say that obviously she appear appeals to the extreme level. and moderating the approach from the point of view from the obama administration and they want to

hear from this on the left. when it comes to that financial matters, that has to be very dangerous and it's something that you want about, politicizing these financial matters on either side. but i worry about where this is leading. what do you think? >> i don't think, that. >> okay. >> or not, so putting that aside from i don't think the same kind of things that she is pushing is that radical. i think she identifies as the middle class. and she connects with the main street problems. i think the kinds of solutions are really radical. john mccain is her cosponsor.

>> snack you and i have gotten to this extensively. here is where it is, to make them seem like constant target. and it is a populous area. and i do not say that they are sinners. i'm wondering whether that exceeds what we are talking about. this is the incoming mayor that these guys are talking about. >> he shouldn't pursue someone just because they are about political person. i just think that i agree with you, they should not try this and so i think that it is by the relentless pressure against the basic things against this bipartisan support and they fight tooth and nail.

they perpetuate themselves as targets by fighting reforms that are part of this unsupportive. neil: one thing that stood out was should look at what was going on there. >> bank of america has to pay them, which sounds odd to me. not only are they going to pass on to what frank, but now they have money for it. it's just wacky. >> they are basically operating as hedge funds. they have these mortgage securities that it wasn't hard to figure out.

>> and she has acknowledged or witnesses witnesses as well. >> okay, we will respectfully disagree. >> mcdonald's is spending big bucks to fix their drivers. how you can make big bucks off how you can make big bucks off of that after you really love, what would you do?" ♪ [ woman ] i'd be a writer. [ man ] i'd be a baker. [ woman ] i wanna be a pie maker. [ man ] i wanna be a pilot. [ woman ] i'd be an architect. what if i told you someone could pay you and what if that person were you? ♪ when you think about it, isn't that what retirement should be, paying ourselves to do what we love?

♪

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let's keep on going. we have the blitz here. gary, you say that mcdonald's. it's time to buy mcdonald's and assistant theater in the right direction? >> absolutely, this gets over to 70% of its revenues from the drive there. >> i think it's a great stop no matter what. >> they are talking of overhaul menu items.

any go to the next one, where, you know, you get this stuff, it's in the third one is coming here is what you screwed up. >> that is exactly what it is supposed to be. and so that is out of the third window and $3 million, spending it to get it together to get this right. >> you're talking about three to 6% of overall revenues and don't forget that the company has been going for $20 billion they were talking about a rounding error. these are steps that they have to take greater profit margin, 20% or so.

>> of this sounds familiar, hurricane katrina senate snowstorm. it happened just a while ago. they are losing in the revenues and companies have slowed. they are kind of old school technology, if you will. and we were listening in on the

phone cause of angela merkel. >> if you're going to be any sky is always scope, you will get involved in espionage. whether or not you want to. i don't think they understand that, they are old school, and i think that this is very much a stock by stock environment. but i think that espionage is a foregone conclusion. neil: it's time for a nightcap. what are you going to do? would even watch about. >> no management, i think that we are looking at us going into closing. neil: okay, there we go.

>> i thought that they would get smacked in the change would hurt. but the stocks went up. >> maybe we were anticipating that the things fell apart. >> then it's a win-win. neil: okaycomedy thing that could happen? >> they seem to be immune to this. i think that there is information the market hasn't had been. neil: have a safe and enjoyable weekend, much appreciated. and all of these tax are going to be opening up a little bit earlier.

we thought that we would talk about wal-mart. we will have that next time. it's exclusively her important, but you get so sick of them. money is next. >> nothing but trouble here. back to the department of homeland security reveals that hackers have attempted more than a dozen cyber attacks on the obamacare website but could not get them. when you do, let us know how you did it. melissa: of the president's words used list? he unveiled yesterday allowing insurance companies to reinstate cancel policies. some states are refusing to go along with it. we have an exclusive. florida state insurance commissioner in a moment on what it will cost you because even when they say it's not, it is always about "money." ♪