tv Cavuto FOX Business December 1, 2013 5:00am-6:01am EST
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thank you for joining us. if you cannot catch us live. tv are the show.nnnnnnnnnnnnng . that is addressed and thank you for being with us. we will see you tomorrow. ♪ ♪ neil: the election countdown is on. welco, everyone, i am neil cavuto and a big midterm election year coming up. democrats and republicans better look out. a third party is getting ready and many states about time. >> you are just frustrated?
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>> guesstimates razy. i don't think anyone fully identifies either party. they are taking the position that they have to be pure. neil: and ideological type of thing. >> exactly. i would love to see a third-party form. the parties don't have to be perfect. up up up up up up up up. neil: are you setting up a group? why not? >> well, it's not even so much . it has to be something that you think about. >> i have 10,000 things going on.
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there was unity 2008, other folks have approached me. i am more than willing to listen. >> what you think of those who who have initiated and been targeted by the erez? >> i don't look at these things. i'm not paranoid to say that what is happening on the republican side, i'm not buying it. honestly, i'm more on the side that it's not a scandal. because i think that goes to the purity. whenever you take something and you take on 100 actions, you can anecdotal lives eyes and create any kind of story that you want. >> there was a pattern that. >> yes, there are multiple patterns. when you have 10,000 instances, it's the signal and the noise. you can find 100 and call it a pattern that it's not really one. but more importantly, i'm not trying to dismiss what anyone's
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doing. more importantly, if you go out and you accomplish things, if we are going out there and congress is doing things, all of those things become farther and fall to the wayside. it's just that when everyone has to be so pure in everything that they are doing, they like to victimize themselves because it helps confirm their purity. i've been picked on as an example. >> you are a big supporter of the president? >> yes. i think that he is a very smart guy. >> he is smartnough to understand and i've had a problem with him, but i generally support what he has done in a big way. but i think transparency is important. and i think we live in a time when there is so much technolocal opportunity we
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really need transparency all these people can do smart things neil: you are mr. internet star, you have your fortune and now there are signs of abuses. okay, so how do you see this? >> i don't see it as a big deal. i get audited aost every day. all of my foundations get audited pretty much everyday. most of my businesses get audited. >> will e have democratic and republican administrations alike? >> the business still has to compete. i start to do things. with the nsa, it's disappointing that we had to find out about it in the way in which we did. but in reality, if you think
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that your mailbox was protected and they couldn't find out what they wanted to and it was not nearly as much privacy is what people would like to expect, particularly in a time where i would rather be protected. neil: so it is that bad? >> oh, yeah, its that bad. neil: either hacking or websites shutting down, the latest with instagram, so many others, "the washington post" and "the new york times." again and again. do you see a pattern? >> you better believe it. every single digital asset that we have is under attack. >> do you think we are really under attack. >> snack of course. >> so there are technical algorithms? >> it may well be. it's still under attack. and you have to keep your defens up. so in talking about the defense
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budget. if i had my choice between spending money on metal or digital protection, i will go with digital protection every single day of the week. if you look at russia. and there are conversations, with a warship, it is a situation where it takes a number of years to build. all of the technology in the warship is already obsolete. and it's not going to serve the purpose hen. on top of that, if i want to destabilize the united states, do you think i will attack a port or an ally? or should i attack the nasdaq, the new york stock exchange? neil: so you think this is part of folks that have these intentions. >> oh, definitely. are you kidding? that is why i am such an opponent of high frequency trading. i've talked to people in the administration were they say what they think the biggest threat is.
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if i want to destabilize the economy of the united states, i set up a fund of trading this and then all of a sudden, i have a fat finger and make a i make a mistake knowing that it's going to trigger downstream 20 that event. neil: coming up, don't tell mike tyson this because he might punch you out. the former heavyweight boxing champion is here and he is angry. and regis philbin hasn't gotten his cell. it that is here to tell you why he isn't close to being done with tv. and bill gates is putting some money where his mouth is. money where his mouth is. what should give republicans this is the quicksilver cash back card from capil one.
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>> you only say that, and then you end up punching people. [laughter] >> it's like watching a train wreck, but people like watching it. so do you think that's true? >> yes, that is what this country breaes. they breed hate and violence. >> but you said that beast. >> i look at myself and say, what was going on? i was really insecure about wh i was in really insecure to be doing what i was doing and i was just agry and i was very angry. i had no and that was really proud of my accomplishments. no one that truly understood. and it's day by day.
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>> we had a good nse of humor, he started laughing at yourself and i think the we very comfortable in that they don't take yourself too seriously. >> yes, i had to allow myself to be part of that. >> that you are the part of that here. you know that fight where you are standing toe to toe, you look so scary. the would scare peop right here in atlanta. we were showing don king and are you angry by their? >> yes, to this day i didn't realize it, i had no idea what resentment really meant.
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and i'm pretty angry and i have a lot of resentment that i'm working on and i found out late. >> would you find out? >> how much is left? >> i am so black and broken ugly. neil: you are definitely not broke. >> yes i am broke. not quite broke like that, but i am broke. >> i can't buy a plane or bow like i used to. >> we look at all these people anything, not me. but aren't you a millionaire? >> i don't think so. >> i'm a millionaire when i go to work. but after paying my bills, definitely not.
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>> you wou the ring. you've haduld never do the geore foreman thing and go back into the ring. you've had a? >> yes, if i was at that guy, you wouldn't be able to interview me. neil: what you think of evangeline failed?. i wish i could still fight until i was 50 years old. neil: what do you want to? >> it's an inside job. i wish i could do it. i would do it at the drop of a dime. >> our people are still afraid of you? >> i don't think they have any reason to be afraid.
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>> doesn't help that they are? >> no, i don't want anyone to be afra of me. i'm afraid of doing something really scary, and i don't want anyone to feel that way about me. neil: can you do me a favor and just beat up bill o'reilly? [laughter] >> my family is so -- i mean, there's no way they would watch fox business. if i put on bill o'reilly, they leave the room. but neil cavuto is the real deal neil: lookout, espn. fox has a secret weapon. (vo) you are a business pro. maestro of project management. baron of the build-out. you need a permit...
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to be this awesome. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. (aaron) purrrft. (vo) meee-ow, business pro. meee-ow. go national. go like a pro. how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed much is the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪
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neil: regis philbin? sports guru? espns getting rattled. regis is rumbling. rupert murdoch's latest plan to take over the universe. >> i have always loved sports. there were times in my career over the years -- >> you did stuff before fox sports? >> yes. and we would always talk about sports on my talk show with my cohost and neither one of them would listen to me. [laughter] and they'd say, what is this about. >> i'm wondering, you joke about yourself, an 81-year-old guy,
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would he think of this? >> i think that it can be done. i hope it can be done. instead of just athletes, we need entertainers in there as well. we have a guy coming up next wednesday on the show, bill cosby. who played defensive back for emple university. they are growing into a pretty go football machine. so all of a sudden on my notre dame schedule this year, it's the first game that they play and bill cosby do about as well. and i said, we have to get them on the show. he flew down to philadelphia to give the team a pep talk. [laughter] neil: you have a pretty impressive rolodex over the years.
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the president, stars, all of that. neil: everyone says you get the reviews and it sounds so similar to the fox news experience. seventeen years ago. howdifferent are they. espn ruling the roost. but does it bother you? you just move on? >> i haven't heard that yet. people are interested in seeing how we will approach it and what we will offer for support and everything else. >> you have a lot of these other issues as well. the new connections, you are a have connections as well. i noticed that it's bigger with your personality. is that by design? espn is a sports and events, it is about personality? >> i didn't expect to be working
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with five other people, but they have put such interesting people in there. they have a great football player from the baltimore ravens, the nfl, two super bowls, and a terrific guy named trevor pryce. neil: anyone you hate they think will be a problem? >> no, definitely not. they flew in a gal named georgie thompson from england. >> it's interesting that ths country, its it's big one our kids are young and then after that, not so much. >> you are absolutely right. they are playing soccer and everywhere you go as you drive around new york city. and so the emphasis is definitely on soccer, and we talk about it every day.
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neil: it seems like you are a survivor. but you're a nice guy survivor. usually people survive and they have sort of an evil quality to them if they do survive. [laughter] neil: you're a nice guy. you seem to just love what you do. you have a great ppssion in your >> thank you very much. i do love television. the. neil: that's the guinness book of world records and tv. >> it did become that. i never thought of it in all those years when i was at notre dame, nothing. but i was in the service and i would say it looks like fun, but what can i do? i don't have a broadcasting
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voice and i have no talent. so the day that i left, i was in the navy and i used it hang around with two older marines, two tough guys, they went in as private and they are now majors. but anyway, they said, what you want to do in your life now that you are leaving. and i said, well, you know, i would like to be on television. but i really don't have any talent at that. i look at these people on tv with great actors and actions of voices and he got to my face and said, don't you know that you can have anything you want in this life? you only have to want it bad enough. and do you want it. and i said, well, and he said, i
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said do you want it. and i said yes, sir, i do. the first time i was able to actually say that. [laughter] so one of my producers filled in for mike douglas and roger was there. [ male announcer ] this store knows how to handle a saturday crowd. ♪ [ male announcer ] the parking lot helps by letting us know who's coming. the carts keep everyone on the right track. the power tools iroduce themselves. all the bits and bulbs keep themselves stocked. and the doors even handle the checkout so we can wo on that thing that's stuck in the thing. [ female announcer ] today, cisco is connecting the internet of everything. so eryone goes home happy.
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neil: out of all my interviews with bill gates, the one that you are about to see is the most meaningful and consequential. because he is worrying about the good that we do as a country, reatened by a paralyzed washington that is doing nothing at all for our country. bill gates has a few choice words for republicans are handing out foreign aid. >> a lot of it was not well
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directed. and so sending money to people who are on our side versus their side, you know, that's what it was about. now it has become metric driven. can you literally save lives for well under 1% and by saving those lives, you avoid the kind of population growth and instability that leads to national security issues in countries like nigeria and yemen and if we let them tribble and population because we don't help with the issues, these are humanitarian and it really points to this, with one of the more measured parts of the entire budget. >> you would draw a line between
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this and john kerry for the muslim brotherhood of egypt and criticizing that, saying that we don't know if that is the case in what used it will go to? >> that's right, getting into countries that are a little bit better off, the complexities, how do they view their relationship with the u.s. were we so entangled that there was a counter reaction that? what we are focused on what we have chosen to take and the money that i have more money that warren buffett has given, aids, malaria, the science part of that and a delivery part of that. that's when we say, this is so impaful and so wonderful that we will take her own money and
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we will joan green in and be a partner in some unbelievable programs on a regular basis. neil: your money appears to be impactful and your efforts seem to be impactful as well. i'm sure in no small measure. but the u.s. track record on this is kind of dicey and even global efforts after the disasters, calling into question whether money gets to the right recipients and the haiti earthquake is always used as an example. the 2 billion raised by governments and private enterprises and the like and i was recently in haiti. unless i missed something, it is just disasters with famine and abuse as it ever was.
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so that is what worries me. so you wrote today that the number of children that are dying every year has gone to 8 million and those with extreme poverty have been cut in half thanks to foreign aid. i see examples where that's not the case. >> well, wait a minute. you should've gone to haiti beforehe earthquake. >> i did. >> it was a very tough place before the earthquake. >> a lot of the money didn't get spent, a lot of it did get spent to put things back to restoration. so there you are just making up for a huge setback and in terms of health, where you get families to be more healthy, they choose to have less children and their the numbers could not be clearer. my money is in the same pot and
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it's a fairly small percentage. the money from the foundation, this evening. and it's really under the bush administration that this global health piece went from being a tiny piece of the budget to over half of aids and malaria and neglected diseases. and that is where we work and have expertise on and that is completely because we are in there looking at the numbers all the time. >> i think smart folks, i thik they would right away get it to you in right away through your foundation. because you do get a lot of bang for the buck. a fan of higher taxes on the upper income and the government doing more and spending more and when he had this, though, he chose to commit the money and
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not to the u.s. government. what does that tell you? >> it tells me that we have three sectors, the private sector that is the biggest and is phemenal. anything they can do in terms of the needs that people can pay. it's fantastic. and we have things like education or government comes in and philanthropy, it can be ore innovative and willing to take far out science and new delivery programs. so there is a complementary role and so often we are taking this expertise and were talking about what we know and where we have a common view. i am a big fan of philanthropy because it's almost like the venture capitalism f societal spending. sometimes we get teachers to
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have more feedback and raise the average quality. it's not a typical thing that a government would do. so i really love all three of the sectors and i'm trying to make sure that the money is well spent. and that is my full-time job now. neil: someone who has urged the government to do more and spend more, i guess he had a choice between committing more money and to pursue these goals for you and he chose you. >> that is true. i mean, we need to fund whatever activities we need to do. that includes the gap and how close the gap. and we would like to encourage philanthropy because in my view it has a good impact and each one of these sectors, we have to
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wake up and do better every day for the government. so how do you balance the budget, that is one of those big challenges and everybody has opinions about that. >> you are right about that. if i could go back to philanthropy itself and whether this higher tax environment, there's a lot of worries with a few charitable foundations. one way that we have had is whether we will get an impact is where we will have lasting contributions. do you worry about that? >> well, politically is very important. the u.s. is very unique in not only the scale but the breadth of it and it's not just them who give philanthropy and in some ways it's even more impressive that the non-rich are so
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generous in this country and if you look at it state by state, you're talking about 5% of income, where it's more like 2% else where in that the broad movement and we have very good ngo, certainly there could be cut back their, although it could be deductible that is cut both ways. but what you want to do is find a balance between these important programs and, okay, and you'll have to pay for them at some point. >> okay, so you think that we have that proper balance with the increases? >> i think that we are running a higher deficit than we would ke in the long-term and there's a very important argument about shaking up the economy and how do you phase in that balance and in a sense, it
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is a stimulus to the economy and we still need that level of stimulus. including the medical costs. and it would be not to argue about whether the citizen pays the government pays, beginning the increases to be more in line with the economy, which they haven't been in a good that the government actually protects those incases. so are there things that could be done to get more innovation the cost reduction and they are, haven't seen enough thinking and what i see about the medical stuff in poor countries is very suggestive that the efficiency side would be ideal because then it is not zero-sum between citizen versus government. >> do you ever envision us, the foundation and the responsibilities and that it's
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enough to keep you jazzing going for the restf your life? >> well, i certainly miss this. i get to spend about 15% of my time on it. but my full-time commitment is to the foundation. i spend my time on polio ratification and with the partners, we hope to get that done. then we can focus o malaria and tuberculosis and eating that down from the 7 million that it is now, even down to 3 million over the next three years. neil: i thinkyour friend warren buffett has said that they want to give it all away. and i'm wondering with her three children, have you told them this as well and if they are looking at a huge inheritance that it's t coming? >> well, we talk about the vast majority of the wealth going to the foundation.
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all of his money is spent within 10 yrs and not quitein the foundations and even their it's our foundation and his children's foundation and its set up after we are gone, our foundation will spend its money within 20 years and, you know, r kids are excited about the foundation and they will get a great college education and some suppt as well. they are very lucky. >> i think that giving a kid hundreds of millions or billions of dollars, it's actually not good for the kids or for society. ♪
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>> are you guys neil cavuto fans? >> oh, absolutely. >> he looks good. neil: no wonder. i am just waiting for suzanne somers to ask me to join he in the next fitness infomercial and she is joining me now, telling me that she has ideas to get kids healthy so they can grow up to look like me. [applause] >> you do not have to bring someone over the head. >> i think putting up fitness centers are great and having kids play, go outside and play. it's just wonderful. and i wrote a book about why we are obese and i think i have the answer. it's not how much we are eating, it's eating chemicals and liver in particular has no way to
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process that, keeping this off and the more chemicals we take income and the more fatening things are and we store it. so it's a never ending problem. neil: how old are you now? >> next week i will be 67 years old. neil: oh, my goodness. you look great. >> i'm trying to be ageless, not younger than my age. but ageless. neil: me and you both. [laughter] >> sometimes it's not just what you eat. it could be hormones. what is the deal with that? >> well, first of all, women are accelerating and aging now because of toxins. neil: do you live with a woman? >> just. neil: do know what i'm saying
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that there aren't days? well, some men with women that they might say -- yes, she is a little hot and she can't sleep and she ages and all of these things. it means that you are declining in hormones. so if you havea maserati come you would never put subpar fuel to it. so when oil is below the normal level, you would put the oil back in because otherwise you're going to run that car into the ground and the same thing with a woman. why not put back what we are missing when we decline in hormones. neil: but doctors don't seem to do that. but how do people do this? >> hormone doctors, we went to medical schools, all the best medical schools. but they realize that they do have limitations and they put
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this together with these kinds of doctors at trevor health.com. you go there free, the route you to the qualified doctors nearest you and they give you the requisites for a blood test and very inexpensive. neil: it's not like a frankenstein deal? >> i've been doing this for a long time. i've even had cancer is. neil: that's so true. and so i wouldn't have. [laughter] >> i don't think i would have gotten cancer if i knew then what i know now. i was estrogen dominant and what that means is that curvy women with big boobs and all of that. all of these fox girls. [laughter] and what happens is it is an
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anti-carcinogenic component of our hormonal symphony. when you don' have the cancer protective park may part from you rest on protected and i was very lowon progesterone, but i didn't know it. if women resist, it will be life-changing for them in the women that they were wet. neil: how many die masters did you sell? >> we stopped counting at 10 million. [laughter] neil: that's amazing. >> when you're an entrepreneur, you burst of cursed up at the wall and you hope something sticks. neil: you look wonderful. >> i always admire that you came and you made me love you. [laughter] neil: forget a perfect 10. the new number guys want a 780 and above.
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so are they trstworthy? >> certainly i have a score and i will meet women that don't have that score. neil: i think you are hurting. i want you to feel free to open up. [laughter] neil: i guess it's a sign of the times that things are little bit more than this here. >> that's right, tough times in the economy right now. this is better than a sugar daddy website that people have talked about. neil: you are right about that.
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important is a credit report. >> yes, that is right. >> go ahead. >> this is about compatibility. you won't be happy with someone who is a fitness person. whether it's leisure or health, we see people who are compatible. >> what you are saying is that this is part of compatibility. neil: think about what you just said. whetr she has a good credit score or not, youhink that says more about her than, oh, i don't know, decency? [applause] >> it says a lot abouthem. people that respect money also respect themselves, in my opinion. >> if you're in love with money, then you are not in love with her. [laughter] two if you are more obsessed
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with what she says about assets, she will be a pain in the asset to you. [laughter] >> its transitional. >> exactly. >> if you saw donald trump in 1991, his credit score was not that good. neil: exactly. you money grubbing fool. >> like i'm saying, i really don't think this is necessarily that kind of compatibility thing. the fact of the matter is that we are seeing a lot of things crop up, including before this, the sugar daddy website and the student loans. >> what about someone who has a nice smile? [laughter] >> i agree. but the fact of the matter is that people have the right to choose who they want to be with, whether it's with money or not, and i don't know, like i said, i
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think the economy has a lot to do with this. neil: the final hours, we are neil: the final hours, we are witnessing 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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[ grandma ] with n fedex one rate, i could ll a box and ship it r one flat rate. so i kn untilt was full. you'd be crazy not to. is tt nana? [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. ♪ ♪ >> welcome to the best of imus in the morning. from new york city, i'm connell mcshane and our fox business network studios in midtown, manhattan. we have a terrific hour planned here. we'll go back over some of imus' best interviews, have fun with the guys as well. starting off with doris kearns goodwin who's been coming on the program for many years. you probably know her as the author of the book "team of rivals." her recent book, "the bully pulpit," takes a look at the relationship betwe
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