♪ ♪ ♪ neil: well, it is ready. you know where your republican congressman's soul is? we are talking about the debt ceiling hitting the roof. because they are so focused on winning later this year that they have given up the fight to rein in spending this year. a trillion dollar farm bill that insults farmers with the over-the-top starting the week off push by the president that his piles on this to end the week. republicans are afraid to cebu or complain. hoping to keep their future dry

and they are praying it will implode. that is a hell of a campaign strategy and overburdened taxpayers, at heckuva case as well. republiians will rule the day that they sold their souls to. welcome, everyone, i am neil cavuto. what about you? >> i absolutely agree that it was a huge blow to small government tea party folks. people who want less funding. because the strategy going forward is to play nice this year. let democrats do whatever they one to put the focus on obamacare. because that is on the top of the americans mind. what is going on with obamacare and since it is election year, republicans are hoping that they can just ride thhs year through and how democrats basically get in trouble with obamacare and then take over the senate and hopefully gain more control of the house. neil: it's an asinine strategy because anything can happen between now and then in the very

law that they hate could stabilize by then. it could to make americans think on it, it's not as bad as we think it is now. if they are hanging their hats on that and i am just saying when he wasserstein and resolve on everything else, yyu have kind of revealed yourselves to the american people as being the sort of baseless spineless totally clueless politician. >> exactly. this reminds me of met romney strategy during the election which was not the same thing and to lay low and look at how that ended up. so i think what they need to do is go forth a plan and show that you have a spine and obama is coming under trying to propose a billion dollar climate change fund. we need to have a strategy. we can't just put all of this in one basket which is the

anti-obama and hope that he screws up. neil: airplane into the point. when you are the opposition party you can never play it safe and that you can never hone your hopes on poll numbers that might presently will good but they don't last. he thought he was on easy street and we know what happened. what are her republicans who actually practice what they preach? let's focus on elections and more willingness to challenge conventional dc spending and if you look at polls, spending is out of control in washington dc. so they need to show that they have a spine and do something about it and they have shown the american people. neil: they are not doing it now but let's hope. happy valentine's day.

this is not really a happy valentine's day for republicans. the former republican leader knows full well by playing it safe that they could be safely assuring that they will always be the minority party. am i overstating things are what you think? >> i share your concern, by the way that they are playing it too cozy and to save. it is one thing to have enough awareness of the the vote numbers cannot go on a blind alley it to something like development. but the agriculture bill and even considering going along with president clinton on a billion dollars for climate control and he is leaving this pipeline hanging out there, these are quite safe than it should be making us than they could when in fighting these fights and losing these fights strengthens their position because of it is their policy. and i think they need to be back and have the courage to let's

get back to the job and we have to resist unnecessary and of government spending. neil: they signed on with a lot of the stuff in this bill. and when it comes at a time when they themselves have been saying that they cannot cease and desist on the this sort of thing the party leaders that says just that. would it have killed them to try to attach something even if they knew it would go down. at least they tried it. they didn't even try. >> they are so weary of being run up and then having to retrieve at the tail between their legs. they might've been wise to avoid a fight. but it's just unbelievable to me. you know, i started the arab

culture wars back in 1990 and nobody ever quarreled with whatever agriculture policy cannot because they thought it was a number of businesses. but it's not that hard to understand and arboriculture policy is counterproductive and there's nothing more destructive to the american environment than the american agriculture policy. neil: they now know that republicans are so afraid to give labels as obstructionist or risking shutting the government down to we can get any spending pass these guys and my prediction is that they are now going to ram through any type of spending another the republicans are going to be too afraid to try to stop it. >> that is where the leadership needs to differentiate. and any new spending bills have advanced the agriculture.

it may be a global warming inspired adventure by this president but to win this and the opposition of the specific spending initiatives that are driven primarily and outside of it as well. >> if you're worried about how you look, then it's not good. but it's always good to have you. thank you for stopping by. the sound wednesday comedy want to get lucky? the latest patch for signing up that is way too stupid for cupid. ♪ ♪ [ male aouncer ] we all think about life insurance.

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if y're neil: happy valentine's day. if you're watching this show alone, do not say those cupids didn't try to help. in illinois the pitch goes something like this. get covered and you might just get lucky. okay, it's not that blatant, but it is close to the elling point in the land of lincoln is the health insurance coverage will

make you more sexy and it makes you more desirable. time to bring in the mystery love connection. >> that was so smooth. so what you make of it? >> i have five reasons why they love valentine valentine's day. a marriage between men and women say you need to be single and the same goes for obamacare. that is number one. and valentine's day leads to candy and chocolate in this goes against michelle obama's campaign. and republicans on that one. valentine's day is the biggest

day for teddy bear sales, which of course teddy roosevelt was a republican and it's actually a christian holiday which would only be celebrated by those who cling to their bibles and guns and banned in most middle east countries and the police will arrest you, the religious police in the middle east countries are doing it. and the number one reason why the republicans own valentine's day as it's the only day of the year when every state, 57 of them go read. [laughter] neil: you know, that's not too shabby. you brought your a game to this interview. two i have writers and detroit are going crazy right now laugh at. neil: you know, you mentioned valentines day and how to use it to pitch health care coverage to sort of tell you can play to get health care and now using

valentine's day to say that it will improve your love life if you have it. that strikes me as an ultimate desperation. >> it is desperate. we haven't heard the truth about health care or obamacare or however you want to put it. analogous continue to think that i guess they're telling the truth now. i guess they really do have 3.5 or 3.2 million and maybe they are right out and maybe they are not. and maybe it will improve my love life or my being friendly with dogs and strange animals. it's like they're telling to sell this thing and it's just not working, i don't think. >> i'm going to leave the dogs and strange animals out of it. [laughter] but did you think that your contestants over the years, i know money can play a part but

i've never thought that i could imagine in this day and age that health care coverage would be like an aphrodisiac. >> i think one of the first things a woman asked a man she mmets him in a bar anyplace else is do have health care coverage because i don't and i'm going to be a test you and i want to make sure that i'm covered. what a great opening line. [laughter] >> by the way, i have health care coverage. [laughter] neil: it gets back to the stupidity of all of this. they are marketing it to young people that are is not enthusiastically part of this because they just feel that it is not worth it. and no matter how you try to market it a turn is a kurd. >> it's not worth it because how they are trying to promote it is what if you were in an accident and you break a leg or an arm or

a head or what if you don't. most people are not going to break their arm or leg or head. innocent people are smart enough to know that it's interesting how they go after us as if we are stupid. i believe that most politicians believe that we are stupid. so i think that it's time to show them the we are not as stupid as they think we are and i'm just really excited. >> you're really good and you brought your a game as well. all i guess, if they did that, that would be great. have you found wednesday. two thank you. >> in honor of downtime today, no clashing. >> you are implying that we are pouring money down the drain and we're not. >> i really disagree with what liz said. strachan is so easy to be patriotic with taxpayers money. neil: liz macdonald and adam lashinsky in the name of kicking

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>> the system is you don't get to vote them a few pay a dollar of taxes. but what i really think is that it should be like a corporation where you could get a million dollars in taxes. neil: it's comments like that with his outspoken venture capitalists tom perkins. i'm going to say about the above is that liz macdonald and adam

lashinsky share the same opinion this time and they won't it won't be clashing tonight. they are agreeing on one central premise on the billionaire's remarks and mainly that he's not. [laughter] what you think? >> i agree with adam. and i actually love him. >> sui. and this looks like any harmony commercial right now. so it is a little crazy whhn he is suggesting. so why don't we just auction off the elected offices to the highest bidder and if you're going to have them based on your wealth then use those with the tax breaks you get. the one i'm trying to give him every bit of the doubt. what was he saying that disproportionately contributed to society?

>> in his defense we had just concluded an hour-long conversation about income inequality and the persecution of the rich and has perspective and he was trying to be provocative. is that the rich make a big contribution in society isn't properly appreciated. he said that he told some reporters that of course, i wasn't being completely serious but i was trying to make a provocative point. neil: so he was mainly making this point and were you thinking like a man, this is the world's worst situation for an interviewer to be in? >> no, in fact i was thinking gosh, isn't this wonderful because we are going to be talking about this at least for the next 24 hours. what i think is interesting in what i challenged him on his that you should do this with

only people that pay taxes should get the vote and i very quickly said that everybody pays taxes of some kind, whether it is a sales tax or otherwise and he said oh, no, i meant income tax and it would elevate this above other kinds of taxes and i'm not sure that he believed that as well. that is a provocative point as well. >> i should have said that. let me take that back. [laughter] check out all of the above. all right. so the thing is that they do pay sales tax and excise taxes and they're talking about federal income taxes from thh heart. >> you guys agree? >> or chris christie. neil: i'm glad you guys are on

the same page. this is a one-day event. let's get over it. >> i think we got it out of our system. >> very good, thank you both very much. you know those warnings on cigarette packs, get ready seeing them pop up on cans of coca-cola ♪ [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price we understand the connections of a complex, globalcomy. it's just one reon over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summarprospectus with investment information, risks, fees and eenses to read and consider carefully before investing.

neil: halftime in the show. a california lawmaker wants to start putting warning labels on sugary drinks. so where does this end reign a number of trial lawyers are hitting this up with wouldn't it be great to do this like with tobacco? where does this and? >> it is not looking good. not at all.

neil: they are arguing that all this stuff is dangerous even though we all have free choice. they are saying apparently we're too stupid to make the decision for ourselves. they're going to make it for us. >> the government thinks that they know better than a. they thiik that they actually know what is good for us and what's not in the we are not capable of making these decisions. so you have this new labeling requirement which is completely unnecessary given that there are labeling requirements in california and the u.s. and we don't know how to make the right choices because of this. neil: it would essentially be that this stuff is dangerous to you and it will eventually kill you? but what i am curious about is why politicians are fast and furiously hanging onto this. senator chuck schumer was talking about that these days as

well. >> today we are calling on the fda to ban this harmful chemical from all foods in america. the subway chain has done it on its own and we are asking others to do it on their own. in the mud after that he ate hamburger. neil: to what is the goal here? we are very protective of their public image. is that right? >> yes, they are. senator schumer brought up a point which is companies will be doing this on their own. we need to go back to the market place we can address any potential issues that consumers have with the food. it's really scare tactics to get attention. that is why i think the politicians love this.

neil: i don't think it's a substance that could be in a sugary drink. i don't see it any other way. these politicians have run us into the retin-a need some green and they might as well go after these guys because they are a big target. no pun intended. >> they have the california labeling law. and the truth is new york was going to ban soda. so i don't think -- you have no idea where it's going and and we have all kinds of several mandates that will be our way of potentially grocery stores and convenience stores and they're basically too stupid in this way. >> amazing. we appreciate it very much. well, the cheerleader that is suing. once you hear how big this is,

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neil: all right, let me be brave. this cheerleader has a case. she says she has proof that she was paid way less than the minimum wage and now she is doing and the team is scrambling. traveling and doing appearances on behalf of this count as promotional vehicles that help her career to help the team get off cheap. so the actually you are not buying it. why is that? >> i am not because this is her choice. this is almost a volunteer type of position. they have other jobs on top of this and the something that they do sort of in their spare time

almost on a volunteer basis and it's highly sought after. >> i had a friend many years ago that tried out and she explained that this was something that helps in their creator and make some sort of a local celebrity and they get invited to partiee and it helps them and there's a lot of perks to it and people want to do it because of that. >> air only showing this footage to amplify that point. and so what do you think about where this goes? >> they are making $2.85 an hour. did we not abolish slave labor in this country a long time ago? the team really needs to take this lawsuit seriously. >> how can that even having? how does it happen that anyone,

she says she's not the only one, they are all agreeing to this what the endgame being that they may get a modeling contract out of it order a movie or i don't even know. ss why would they subject themselves to something that would be blatantly illegal? >> what they are doing is getting these girls to sign contracts. but they can't do these girls could hear to the contracts that are clearly against public policy. so the girls are going to say, this will give me exposure and i will get modeling gigs and there's a lot of perks. but at the end of the day that is going to be a very tough argument to make before a judge because he can sit here and debate the minimum wage should be lower or higher and that is a valid debate. but you can't really debate once this is on the book whether or not it should be enforced. neil: you should also flip it around. the young weevils at work in common in the hope that they

sort of earn their stripes so is this analogous to that are very different? >> it is similar because there's a lot of people that go to charity events and they are not compensated for that. and those are things that they have to do in order to do their job. >> but they have and then came to make a lot of money. >> because here's the thing. what you said was the perfect example. as a second-year law student i took a job as a summer associate to get exposure and to meet a partner so that they would see how great it was and they would offer me a job which they did. and i got the perks but that didn't mean that they didn't have to pay the minimum wage. because you can make that argument for any job. they're always going to be into incidental parts.

neil: when you pay for the hour a straight salary and you put in an 80 hour work week, there is a difference. >> yes, there is. it was an hourly job. and that's argument of these girls are going to make sure they're paying for their hand make up in what is the cost to the company? this is a billion-dollar franchise they will end up paying so much what the defense attorney and if they had complied with the law and pay these girls $7.85 an hour. >> i think the team will settle i just don't know the amount. >> i don't see this as an hourly type job. they have regular jobs during the week. something they do in their free time is something that's fun for them that they seemed to think that there are perks of. they go into this with how much money they are going to get paid. so they know and they are not required to do this and this is not something that is mandated or that they have to do.

neil: in the meantime, i want to thank you both. meanwhile, you still haven't gotten that valentines present? it's not too late. we will come back right after this [ female announcer ] who are we? we are thinkers. the job juggle. the up all-nht and the ones who turn ideas into action. we'vmade our passions our life's work. wetrive for the moments whe we can s"i did it!" ♪ we a entrepreneurs who started it all... with a signature. legalzoom has helped start over 1 million businesses, turning dreamers into business owners. and we're here to help start yours. you knso i get iitedf people ,

to quite a fewfamily g. heck, i saved dith here a fortune you make a mighty finesus, m'l. i'm nosaying mark's thrifty. let's just say, i savehim $519, and it certainly didn't go toward that ng. am i right [ laughs [ dancmusic playing ] so visit progrsive.comoday. i call this one "the robox."

>> because the storm was so unpredictable, and byythe way coming down here and has totally stopped snowing and it's a beautiful day out there right now. [laughter] >> you don't buy it. neil: as this woman was saying this, it was fleeting and

snowing and she's not only saying bring your kids to school, you could break your spine. it's okay,. [laughter] but i digress. in fact, it was so beautiful in neighboring new jersey that some kids didn't get a snow day. but they did have school. the virtually from home. using their computers greatly get a ton of tweets about this kind of stuff and david asman is here to react. >> i'm catching my breath, you scared the heck out of me. >> did you hear this? >> as beautiful as it is anywhere else. >> anyway, keep them at home everyday, cutting taxes 80%. this could revolutionize sick

days but should not replace the daily interaction in the classroom. so it makes sense that we can get rid of those who dispense abilities. is that the answer? >> no, it's not. but what is missing are the pictures of the kids supposedly working diligently on their little mac's computers at home. so what is missing more than anything else from the american education right now is focus. the last thing in the world that you want to do when you get on the internet is focus. it is the definition of attention deficit disorder. it attracts disorder like garbage of tracks flights. you're going to get focus. forget about it. it's not going to happen. it is not.

[laughter] >> meanwhile, have you seen these drones delivering flowers? the faa's telling the flower delivery company no more using guns to deliver daisies and a lot of you think that this is a good idea. deliveries are not a good idea and too much potential for disaster. until we know that they are going to slam into someone's head in transit, we have had problems. so how lazy have we become? >> well, i know that you have these dreams of drones with twinkies dropping right on your chimney. >> i live the dream. but it's hard to find because they put them in the snow banks. the government's first duty is to protect people not to run their lives in this case the faa

is part of this. >> the faa hasn't ruled it out. they said that they're looking into it. one of the few regulatory agencies that do prevent people from getting killed her from killing other people. i think eventually you will see some form of it and they may not look like this with the blades that will chop your head off or lease your finger. all kinds of dangers with these things right now. but they make it to this point. so if i forget an anniversary i can call a drones. >> my anniversary is on my birthday. so that i never forget it. i don't forget my birthday and i don't forget my anniversary. and just a little bit older than that.

and i think the faa eventually will allow the drones to deliver but i'm glad that they are holding it until it is safe. neil: in the meantime, the tweets just keep coming in. a lot of you cannot stop talking about him. one of our followers was saying i really enjoyed this interview and it was an eye opener for me. proving once again you are one of the best at what you do. and probably the best interview that i've seen on the show. carl, thank you for being candid. that is what ignited some controversy. he was more or less saying well, i don't mind paying more in taxes, but he drew the line. >> but you hit on something interesting which is that he seemed to be sounding a little bit like warren buffett saying that obamacare wasn't that bad. the businesses are using this further on sloppiness as an

excuse. >> you and i covered this. >> that is true. sprees predisposition is something. >> i have known that he used to fund this. and sometimes the super rich guys get so super rich that they lose touch with the concerns of the average guy and am hoping that it's not like this because they do like the free market. and so it can certainly some of the things that he says. >> one of the things that stuck out is that washington is such a disaster that it is taken out of the equation. i take it as a given that they

can never be held accountable and i have better luck trying to wedge that and i give up on this. >> i think that he believes that in his soul. and i frankly think that he believes that all the scripts are going to fall on the big government guy is and they they're going to say the heck with it. and i think he believes we are very close to that and they will have no place else to turn except the private sector. i hope that he is right. >> he talked about how was lifted and that will leave you money and anything falls in this. >> he is still investing. >> he says i pick and choose no matter the market. >> unpick what he picks. and so i will her this.

>> well it is unfair. >> i think there is a shelf life underinvestment. >> i think carl ichan cares more about this than anything else. some of the companies he stays with for years. otherwise it for his company and you can invest in his public company which makes money. but i think either for long-term? may be, but how long that long-term is, maybe it is just a year or less. that's a problem with a lot of these guys and frankly why there are so few retail investors in the market these days.

the guys get in and out before you can blink an eye and how can you make money in an environment like that. >> happy anniversary. always good to see you. coming up next, but the music service is doing that sounds like something that netflix has already done. we will have that in asked. a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. there's nothing like being your own boss! and my customers are rlly liking your flat rate shipping. fedex one rate. really makes my life easier. maybe a promotion is in order.

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neil: pandora in tonight's business blitz. the online music service wants to branch out beyond move music and movies. if you like bruce springsteen's comment, they figure you are a democrat. but to keep it there theory, what do you think? >> well, i agree with your

comment that they may make a lot of assumptions. if they have a way to monetize their subscriber base, they are opting out this way is a democrat or republican and i think it is part of this. including all of their demographic started fantastic for the company. >> i think they are making a lot of assumptions and dixon i think that they will mess with it. especially if you have any privacy concerns. neil: do you like pandora? >> i love listening to pandora. >> i agree. it is a company that runs on

freethinking. and i always avoid those companies. neil: who says it is apple or samsung? one of them makes it in the other does not. so who says that either of them ultimately make it? this juggernaut is a lot more than laptops. do you think? >> i love it. i would like the ibm thinkpad. so i've been thinking about investing in the company and i realize that this is a company that bought the thinkpad business when it was losing and now they are the biggest pc company in the world. this is a company that has china and they know how to do turnarounds. >> that is the argument here. and there is this key part of

technologies would easy to use laptops that could move on to other smart devices. you agree? >> oh, yes, they will be able to make that very quick. still if it is manufacturing, it is a force to be reckoned with. one thing came up to me is that we've had a nice run of this past week feasting and assisting because it's already brought back stock ahead of will be a lot more great products to come and so do you share that? >> i do and i will go the one thing that you said. assuming that we have more great products come. the pipeline has been a little

bit slim lately, if you will. no real excitement. >> theme song will come up with a bigger sting. but i don't know what the next big thing is. we might see at isolated. so in that are replacing that with just these guys? >> again i'm going to take this one. i'm not a believer in apple anymore. because they don't have that next best thing. i think the leadership clearly was jobs and they are good at prioritizing and now they lose the nba and that's a very different scenario. neil: it is time for our nightcap. >> unconcerned that energies and commodities have not tracked with equities. you see those things moving

well. i'm watching for this relationship because of equities are right, commodities are right and we have a little bit of rough sailing ahead. neil: wouldn't they be more indicative of than nature? >> i'm worried that it's broader than that. because usually you have these elements incorporating this in the production process and that concerns me. >> i think this economy rests on three pillars. the fed, we know that although the tapering out. the jobs numbers and we know that that is flat, if you will and i think what really needs to kick in is the existing home sales and i'm afraid that the rise in housing has flattened off which is really going to affect this with people. >> people equate their sense of worth to their home. and a lot of people have sort of

talk about this. let's say home prices stagnate here. what do you think? >> absolutely. i think that it permeates through everyone's spending. we are trying to thinking about telling her home of the housing market is kind of an eye makes the suck in my spending all the way around the board. >> they are all in virginia. neil: even the sultans had to rein in. so do you think that housing, if it does pick up, that this will be in a theater? >> i think that they do have a hiccup and the word is that it is back through this process because a home equity loan and the things that people do with it at the home depot of the world and all of that is how it goes down.

don't think you guys and enjoy your valentine's day. see you on monday. hello. have you ever wondered why so many obsessed with certain presidents? people of defining themselves by declaring allegiance to deeply flawed mortals. there are much more to history than the guys that grace our history. welcome, this is the independents. ♪ ♪ kennedy: hello, i am kennedy with kmele