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tv   Cavuto  FOX Business  February 22, 2014 6:00pm-7:01pm EST

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we will see you next week. neil: so much for new year's resolutions because you may try to stick to tat diet by washington gave up trying. welcome, everybody. i am neil cavuto. get ready to get back to continue more spending because it never spped. ending the week with the budget that is weak. a.m. did goodies for all including to keep democrats happy in benefits to keep republicans happy but if you are among those who worry about the debt d more
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spending, you are not happy. tough. e president thinks even the mice -- smallest promised even for a living adjustments with some benefit programs that are not happening in republicans are not arguing. spending money like we have it and a farm bill that has little to do with arms i infrastructure spending when we have little to show for those we have already spent with infraructure. forget republicans crying foul they are not saying boo no wonder the tea par is boiling. now meee 80 partier who does not take this lying down. the big rush to give up the fight and will likely kep losing elections as a result
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their folding one after another. this is completely will not work in their favor they are afraid to be called obstructionists that is almost laughable if i were a republican right now with the leadership position in that building i with rocks that obstructionist label and wear it for all it is worth but they cower because they don't want to be called names. but they will and i will be sure because this kind of behavior is what is wrong. tech on another $56 billion for grand kids? neil: an issue from the debt commission share said yesterday he is listed. >> it is alice in wnderland and it gets worse every day because this president will
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fail as the president his legacy is impiled if he does not do something. neil: butith the doing it with those who are hanging their hats on health care expding but have you noticed his poll nbers? they are beginning tmove up some babies casting fortunes and then giving up spending resolve. >> for republicans to sa i am disappointed does not sell any more. so that the digest statement as when i will spend as ch as 5.back up whenever debt and don't worry about any of responsible budget a and hand it to my children. but they get away with this because the republicans don't say anything.
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they just keep raising via debt ceiling that i prefer to call the ted they say it is not our fault but obamacare has effectively to poin the finger at the republicans and they tower in the of corner. they have a job to do. say no to ridiculous spending. neil: spending money that you don't have is wrong. always aleasure. did r republicans asked for this spending? the farm bill, and on and without a single attachment is it any wonder they keep going for the dollar? my next guest is wondering of former republican and wisconsin governorn form hhs secretary is years you have to wonder about the logic that they are using
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now to avd rocking the boat evens they sign on to more spending? >> absutely. the truth is that the only good thing about the $56 billion tax increase budget battle, puts forth his $22 billion less than the last failed budget. it goes no place ahead, nowhere, the dead on arrival, the spokesperson for the white house said it is a political document but the repubcans have to show leadership. but like the person befo has indicated that people out here are wondering what will te place. they understand working between eight and 10 hours a day they cannot spen money they don't have. republicans need to put a
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stake in the ground but o is fiscally respoible? neil: you hit the nail on the hea ryan cousins of logic of the leaders to say we don't want another government shut down to be the obstructionist but the danger thinking health ca will be germane in november y have to hope that continues to be the case the president's numbers are taking up and now the health care law is stilizing. not that it is great or he is a great president but americans -- republicans have given up with the hope that they will get their way in november. i think they are eating their cake and a little too early to. >> if they don't stand up than nobody will.
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it is their dna. that is what the republican party stands for fiscal responsibility that is what we're asking for. they don't like obamacare. is a failure. they want to make sure they don't pay grab to this country to put off on our sons and daughters and grandchildren. people are thirsty for a leadership they want republicans to be accountable with washington. neil: but they say they get mixed messages below and behold when they have the cost of living increase then no, no, no. some republicans fear they are in electrocuted. what is your advice? >> be strahtith the american people. the entitlement programs are out of line, we cannot afford them or continue to raise the debt over
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$17 trillion. we will bankrupt this country it is time somody says so to get the people behind us. they have to dt day in and d day out and not wait for somebody else. they have to do it. neil: tommy thompson. former governor thank you. one way to not get young people on your side. >> the truth is young people are knuckleheads. [laughter] neil: you will not belve why th woman was arrested. >> i am not breaking the law >> i am taking the phone. >> know you are not. >> yes i am. >> sorry. [ tires screech ]
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neil: right now on this very show launching new technology. the bottom of your screen when you see my face pop-up
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you will get a glimpse of what is coming up lter in the sho. as you can see sometimes it is pensive we will show you you could hear from somebody who said you could be better off not to buy a home but rent forever. so keep looking out because we are helping you. >> lots of young people think they are invisible but the truth is young people are knuckleheads. [laughter] they are cooking for the first time slicing teir finger open or reducing on the bar stool. [laughter] >> i would never do both of thos things. [laughter] neil: knuckleheads need to sign up for obamacare the so we thought we would ask a couple. charlie is here with us.
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a and i guess neither of you relish being called a knucklehead? >> i am a b coke so i do slice my finger but that was ridiculous to make that statement wind up white house needs young people to enroll in order to be successful. late will turn more people a way. they try to push these big policies with said many states that says don't people don't know how to make choices for themselves that is what was reflected with heard knucklehead comments. that is where the administration it is making an error. it was a sharp tonelthough she tried to be humorous. we will tell you what is best for you instead of them being empowered for themselves. neil: i know what she was
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trying to say that they think they are indestructible but this is the bullet proof stage but it was a clumsy way to frame at but you may not see q need health insurance but sign up now. did she impressed you? >> not really. she called it a knucklehead but i would say young people are reasoning with the health care law making a sound onomic decision of a sudden the minimum policy has tripled? if you cannot afford it will pay the small fine. thatis is a good consumers are live would disagree fundamentally. i think she meant what she said but i don'think she meant to say it provides think previously they will get our generation as knuckleheads that they can
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trick to vote for those polici. neil: th is interesting. we were showing the youth vote the last couple of elections overwhelmingly for the president and democrats as tends to be the case. maybe she just takes it for granted th people understand? >> i think they tried to play off of millenials card wait too long but they are disenchanted with the obama administration and policies. young america foundation nationwide pulling it is 40 percent think the government is too big and too intrusive as opposed 4% think it is too small. what's is resonating is the conservative values of limited government and free market policies. that is not obamacare and
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whenthey see sticker shock premiums are goingup beuse they have the subsidized health care. neil: you should get on the stake and take care of me but you are not. but is there a potential even with all the problems the young peeple have second thoughts on governnt? to be very altruistic and generous? >> absolutely. altruism is easy when you spend other people's money. but actually the eggs under people's money doesn't need to be spent we pay the price. it is foed by coercion. young people as ashley just stated eloquently we are forced to pay for policies we will not benefit from as the big kraft our future and we cannot afford it.
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of with love to take care of you but i cannot pay higher premiums. neil: i am not take get rsally i wish that wisdom was way beyond the young people. thank you. neil: is justin beaver only big with kids? he is even bigger with those parents because the media is ho on anything coming out of him th any scandal seems to constantly bubble seems to constantly bubble up around him. so ally bank has a raise your rate cd that wothat's correct.a rate. cause i'm really nervous about getting trapped. why's that? uh, mark? go get help! i have my reasons. look, you don't haveo feel trapped with our raise your rate cd.
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if our rate on thicd goes up, yrs can too. oh that sounds nice. don't feel trapped with the ally raise your rate cd. ally bank. your money needs an ally. the ally raise your rate cd. coach calls her a team player. she's kind of special. he's the kind of player she that puts the puck,m better. horsehide, bullet. right where it needs to be. coach calls it logistics. he's a great passer. dependable. a winning team has to have one. somebody you can count on. somebody like my dad. this is my dad. somebody like my mom. my grandfather. i'm very pround of him. her. them.
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neil: the lots are saying is too much.
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putting her on the back cover of "sport illustrated." did you check out who is on the back? and flip it around she can be found on the internet. >> this is how passionate buthere is aood point. >> some of you apparently thought we were with overkill but i want to you to decide if i doubt if she stays or goes. news you can use. you might find justin peters tactics which is bigger than the taxman because the media is more interested to use videos the of the white
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house scandall. if this is over the top peter beats benghazi? really? the data em duschinsky why he cannot deny how his friends are misguided. his hair amazes me by the way but we go crazy to get video? >> then showed them going after anyone with half a dozen scandals. >> you could throw a dart at the board. benghazi, and "fast & furious", nsa, silencing the two-party, irs, maxine waters and shadyanking ties, and media phone records and a lack of reporting on the ballooning deficits.
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jay leno had a great line the president campaigned on hope and change now is hope and change of the subjects. neil: nothing from jimmy fallin? >> no. but this is why they are taking over the old media because maybe people really do want to read those stories. >> i am all for this. what does he look like when he is under arrest but that is all i am saying. >> i get worried any time we don't talk about the media. neil: it ishe alternative to use. >> i am happy with this convsation to represent the entire medda but it could well be capitalism
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does not serve theedia well because this is what the people want not the decision by the media. neil: when people of ask abt should congress continued to investigate ben gauzy there is a lot of passion writing they are not getting attention. >> there is a big difference between what you agitated about what will you watch on the screen? into the other question and [chanting] day over and over and over? we could do both. is it is the 24 hour news day.
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>> my opinion is people's eyes would be diverted to beiber on this list rain -- split screen. >> i think i hate when journalists sounds so important about their job but the american people understand they trto make public figures feel uncomfortable to root out corruption. that is what jefferson was about. he would beheeiber fan also. >> but the essential problem there is no money with that. there is no money with the serious stories so we'd do it for different reasons. it is not profitable otherwise. >> the alternative media is
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serving the public like the i.r.a. scandal and "fast & furious" and they are making money. neil: it is a big plate that you can fit a lot on its. thank you very much. that a cop stops you you tell the cops you are recording him and trouble begins. >> get off of tee. get off of me. know i'm not. i did not do anything wrong. i did not do anything wrong. get off of me. [ female announcer ] it's time for the annual shareholders meeting. ♪ there'll be the usual presentations on research. and development. some new mbers of the team will be introduced.. the chairman emeritus will distribute his usual wisdom.
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>> i have to tell you i forgot to tell you i was recording. >> i have to tell you just commit ad felon >> okay. >> give me your phone. >> no. >> hand me your phone?
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>> no. >> i said hand me the phone, it isvidence. >> i'm allowed to record the conversation. >> hand to me. >> get out of my car. >> you are committing a fellly, hand me the phone. >> no i'm not. >> i know the law better than you. >> i'm nnt giving you my phone. >> you will end up in jail if you don't hand me that phone. neil: i do like this woman. i don't even know her. let me be brief. there ought to be law because this ree double-standaad a woman ends upn jail after recording a traffic stop. perfectly ne for police to keep recording you before, during and after a traffic stop. i'm noawyer but that doesn't fly right. whether they can think the cop went too far and this is at all fair. ashley? >> i think the cop went way too far in this situation. never should have arrested her. she should have the right to record him. she followed the law. she told the police that she was recordings him. that is what florida law requires.
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neil: is it a felony? is ia felony? no, that is felony. give me your phone. >> right. she told him she was recordiig hill. shedid what florida law requires. requires both parties are informed. they're inform being recorded. she is fully allowed to record him. >> no one informsme when'm pulled over, you know, that the dashboard cam on theop's car is on. he doesn't tell me, by the you're being recorded right now. it is just done. no one checked with me. >> right. well that is the police. they're allowed to do a lote things than normal citizens are. the fact she was complying with the law in this situation. the cop clearly lost his temper. neil: what do you think? >> neil, i actually agree with you guys. the cop did go way too far. but really have to question what was the woman's motivation. traffic law.he vie rate ad the cop had every right to pull her over, ask her questions, give her a citation.
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instead of letting him do that, letting it be she preemptely records the oicer even before he gets to her car. neil: she told him, she was. so it is not as if she pull ad fast one. >> why was she doing it? why was she doing it, neil? neil: maybe his demeanor or language or said something. >> it was before, it was before evename up to the car. she already started recording. neil: what is wrong with her recording? let's say nothing precipitated. what is wrong with her recording? what did she do wrong? >> there is nothing wrong. there is nothing wrong i agree shhad every legal right to record this officer but you listen to the tape, you know when an officer give you a reasonable command, when he is pulling you over, neilou follow that command. neil: no. a lot of them are bullies. they love power. come over. and all of sudden. >> right. neil: no. >> pulled her out of the car. neil: one at a tme. one at a tme.
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ashley, on that point alone i think officer overstepped it but, not only abusive tone and demeanor but making a big stink over something i think was genuinely harmless. >> and i think that people should record their interactions with police more often because we're ending up with he said/she saids a lot of times after the fact. the poce are better off regarding -- recording all their interactions. can put a camera on lel. you mentioned earlier, neil, recording on their cars. they're smart to do that i would like to see all the police departments use tha if a citizen wants to record them, i don't see any problem with it. i tnk that is tir right. we're pying for police officers to patrol our areas and keep us safe. if we want to keep our cell phones on toecord them, i don't have any problem with that. neil: nadia? >> i don't have a problem with it eher. excuse me, i think when a police officer pulls you over and he is requesting put the phone down, give me your phone, let me see yourands, police officers need a certain level of authority
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over people. that is what they do neil: what if she had, okay. like you want to see the hands ifhe had a weapon. what if she had the phone lying on the dashboard? he would still want it. none of his business. >> good question. i'm not defendg what this police officer did but at end of the day i think he fell into her trap. she was being very combative. arguing. like looking for a fight. guess what, neil? she is running to the court house steps and trying to sue for millions an millions of dollars. seems she is not being mother teresa here. if she had a reasonable belief he was pulling her over illegally. neil: can you imagine if mother teresa were alive and you pull her over and recordvery word. >> she wasrying to recd. il: ladies thank you very much. meantime jpmorgan pace up millions of fines to the government and still gives the executive big pay raises. i you to meet the guy who says, that is not a settlement. that's a sham.
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neil: 13 billion bucks in fines not enough? to hear better markets ceo dennis keller tell it when it comes to jpmorgan not nearly enough. keller is so ticked off about the settlement he is suing jpmorgan over that settlement. he says the financial firm got off way too easy. the proof is rewarding its ceo mie dimon with a $20 million pay package tt made it look way too easy. so, dennis, you're suing on what grnd and for how much? >> hi, neil. nice to see you. thanks for having me. we're suing the department of justice actually because it exercised ulateral power by cutting a deal with jpmorgan chase behind closed doors where jpmorgan chase paid the executive branch $13 billion, and the executive branch acting through the department of justice gave jpmorgan chase complete,
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blanket, civil immunity for massive, pervasive illegal conduct relating to inflating the subprime mortgage bubble that caused the crash in 2008, which was the largest crash since 1929 and it caused the worst economy sips the great depression. neil: who caused that? are you saying jpmorgan did or the government looking the other way? >> there is plenty of blame to go around but cerinly the crisis was caused by pervasive, fraudulent, illegal, and sometimes criminal conduct by the too big to fail banks on wall street. neil: on that point, i don't mean to jump on you because that is crucial point. the banks say, and jpmorga says, punishment mete the out, 13 billion more than enough, leave us alone. >> and you're right. that's what they do say and what we're saying is, cutting a back-room deal that isecret between the executive branch and the biggest, most politically-connected powerful bank in the unit states, jpmorgan chase, with no acuntability or oversight is
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notermissible under our form of government. better markets is often called the wall street watchdog but we're also a government watchdog. we believe there has to be accountability on wall street and washington, d.c. and the way to get that is require the department of justice to submit this settlement to a federal court and l's see if i it withstands the scrutiny of the light of day for the american people. neil: you know, i would sooner think get government upon us to find out this money earmarked to shareholder relief and tho who were burned and relief for them, that actually goes tohat intended purpose. i doubt that very much. >> well, it is actually not even all for that. $2 billion was a penalty -- neil: that's right. >> paid to the u.s.reasury. but, neil, ask yourself, if jpmorgan chase had 300 or $400 billion in liabilities do you think a $13 billion settlement would be very much? it wouldn't even be a slap on the wrist. neil: what would be? what would be? >> well we don't know any of the facts. we do not know how much money
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jpmorgan chase made from its illegal conduct. we don't know how much investors lost. we don't know how much liabilities at stake. the department of justice didn't not even disclose which laws they alleged jpmorgan violated, who violated them or h. neil: all right. >> they constructed this deal to conceal, not real to the americ people. so what they're trying to do is sell this as being tough on wall street en providing no one, including the american public, any information tha they can judge for themselves. better markets we believe in transparency and aountability to the american people. until the america people have enough information to judge for themselves, there is no reason we should be trusting them. neil: dennis keller, thank you very, very much. >> thanks, neil. neil: switching gears ever so slightly. see this kate upton video. some viewers think we're way overdoing it. guess what, apparently nine out 10 of you think we are not overdoing it enough. tit-for-tat on the story we continue to shamelessly milk.
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neil: upton, putin, dogs. ww connect, you -- anyway. david asman here to do the honors again. >> only you cou put those people together. neil: therwe go. these are the they stories we'll connect them because they are connected whether all this kate upton coverage is getting senseless. whether vladr putin who i apparently very fond of young ladies starts getting ruthless and whether more people leaving their dough to fido proves their "clueless." first to kate. later to the dogs. but are we dogs, constantly showing this kate up son video?
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she is on back cover of "sports illustrated" some of all of you think we putter hundred mt. rushmore. some, not i vest atll. some person angly tweeting neil, give it a rest. still another, are awe crazy. you cld talk about kate upton for a full hour, five days a week and on weekend repeats. >> what is wrong with that? neil: what is wrong with that is right. never enough kate. i would prefer a video of kate on screen while you talk. i aim to please. anything for you, the viewers. dave, dust-up over miss upton? >> my only question, neil, why you have pictures of us when you have pictures of this going on? what is wrong? neil: this is she did a photo shoot for "sports illustrated" underweightless conditions. who came up with that idea? >> i don't kw. but i like toin a medal on him. we're talking about gold medals. neil: do they give medals of
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freedom for that? >> they should. she is full-figured woman. she is lely. going t outlaw pictures like this? what do people want to do? neil: they say this weverdo it. >> to no how could you overdo th? i don't care, my wife would encourage, my wife is from latin america. she understands what pleasure is about. neil: absolutely. >> the thing my wife says she doesn't care where i get my appetite, a long as i come home r cooking. il: okay. i got an email from my wife. enjoy the couch. [laughter] >> that was me that said that. not you. neil: meanwhile, you guys are also talking about putin, pouting and all of sudden i'm thinking maybe pounding? i've been watching vladmir putin very closely watching these olympics. he doesn't look too happy. his hockey team is out of the prospect of losing to the u.s. inhe total olympic medal count is beginning to sink in. get ready for the russian to start raging. scenes like this of russian
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police whacking a girl band are just a warm-up act to just, worse act. that's what i think. >> unbelievable. in fact theussians just used their infence, of course they were blang us for the same thing, with the judges to get that figure skater gold medal, the 17-year-old figure skater. neil: the one who fell like 50 tis? >> she didn't fall that much but the fact she wasn't as good as others. neil: she was drunk though, was she? >> wow! you will never be invitedack to the open olympics. neil: i was just --, he is just angry. >> putin comes from a culture of encouraging rigged games, picking winners and losers, using government to go after political enemies. wait a minute. did i say putin or obama. neil: stop it. my theory, obviously he felt no compunction, some said authorized this attack on -- >> compunction? neil: this girl band, assaulted them. had no problem with it.
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the word was they showed up, they showed up, the police were on order to take them down. >> you know it is interesting, they weren't officially police. they were these guys dressed up like cossacks, being used by the police. absolutely. neil: did they hurt them? >> i don't know if they hurt them but the fact they were whipping them -- neil: inexcusable. >> look at think, inexcusable. >> this is putin. this is russia under putin and -- neil: i'm telling you, i bet that came with his blessing. >> strange after0 years of communism i think he still does have majority support. i do believee rgs elections. but i believe, even i there was a fair election he would probably win, because the russians -- neil: it is what it is. what i putin sets hisuns on us? you betterake suryou have your whole will sorted out. apparently a lot of folks have. you wouldn't believe what they're doing. more and more, are leaving it all to their pets. yep, fi get all the dough. one person, including i like my pets more than most people. why shouldn't i make provisions
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for them? okay. another, neil, it is something, a responsible pet owner does. dave, are you leaving it all? >> you know, i do have a wonderful dog i'm totlly in love with, a ltle habinese called luna. neil: he, she? >> he. neil: knows how to work -- >> we are at top of the food chain. we are at the top of the food chain. dogs are not. remember that. neil: what if you hate all t relatives and rather give it to e dog? >> you can do that. leona helmsley, te witch of park avenue, remember leona helmsley? we shouldn't speak ill of "the departed" but she was aul woman according to all reports. she left millions of dollars to her dogs. as awful as that is and she is awful woman, i don't think, i don't think there is anything wrong with it. it is their money. you should be free to do anything you want with your money, even leaving it todogs as dumb as i think that is. neil: i'm still thinking about the comment you made about the last story.
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>> it is m wife's comment. neil: there we go. >> where i get my appetite as long as come home for cooking. neil: honey, i don't know. i had nothing to do with it! >> i saw you wring that down. neil: l right, now. chris chstie has to be mirable on this damn diet he is on the rest of new jersey better get miserable with him. do you hear about this? do not think about lighting up. pretty soon throughout t garden state the whoop your ass poce are coming down. >> oh, no. >> oh, no. neil: ye my dad has aor afib.brillation, he has the most common kind... ...it's not caused by a heart valve problem. dad, it says your afib puts you at 5 times greater risk of a stroke. that's why i take my waarin every day.
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but it looks like maybe we should in a clinical trial, about pradaxa. pradax® (dabigatran etexilate mesylate)... ..as proven superior to warfarin at reducing the risk of stroke. and unlike warfarin, with no regular blood tests or dietary restrictions. hey thanks for calling my doctor. sure. pradaxa is not for people with . don't stop taking pradaxa without talking to your doctor. stopping incases your risk of stroke. ask your doctor if you need to stop pradaxa before surgery or a medical or dental procedure. pradaxa can cause serious, sometimes fatal, bleeding. don't take pradaxa if you have abnormal bleeding or have had a heart valve replaced. seek immediate medical care for unexpected signs of bleeding, like unusual bruising. pradaxa may increase your bleeding risk if you're 75 or older, have a bleeding condition or stomach ulcer, take aspirin, nsaids, or blood thinners... ...or if you have kidney problems, especially if you take certain medicines. tell your doctors about almedicines you take. pradaxa side effects include indigestion, stomach pa, upset, or burning. if you or soone you love has afib not caused by a heart valve problem...
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throu mercedes-benz financial services. neil: who knew chris christie had it out for smokers because the man is trying to kick the hohosant new jersey residents to kick the habit. ban sneaking from beaches and parks, which would make it pretty tough to vote anywhere in the gardentate at all. we blitz on the big tobacco
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bust. bad time tore cigarette companies or just continue ages? >> every time i see one of the headlines, neil, i think it is a ying opportunity. if you had bought every time the government stayed local -- state, loc, federal, cracked down on cigarette companies you made a small fortune. we've been through this timend time again. the cigarette companies, phil morris, altria, have long shown that they are always seem to be a step ahead of these regulations and crackdowns. i think cigarte companies a still a great place to have your money. neil: all right. but a lot of it, that we're looking at here, is worrisome because they do get a lot of their business abroad to pick up for the slack in the u.s. but you can only do that so much, can you keith? >> well, look, sin is in. there are two thin people do when economics get tough or when politicians claim to get tough. they smoke and they drink. bottom line, it is great time. they have great dividend and solid management and they proven in court no matter where they
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e in the world they will not take this sitting down anymore. they have lots of lawyers fiting back. they're no longer easy target -- neil: t they always lose, on this kind of stuff they will only lose. >> what will they lose for? you can't legislate morality, i have a lips today. no matter how hard they try. neil: kate upton video night is. neil: hsing hitti 18-month low, on same day more people are ting to rent instead of buy. gary b., that normally, normally ominous sign for housing. what say you? >> i think it is ominous sign for housing. i think housing is onhe decline no matter what you look at, new home sales, media prices since the start of 2013. there is plenty of people that have gone through, my gosh, last, 10, 15 years not seen the value of their house budge upwards. most people have seen decline. i think that the trend, ateast for the xt generation is to be more toward renting than bing. neil: ye, but you know, the flip side is, they're prompted to rent, keith, because home
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prices have gone up which in the macro sense would assume be good, wouldn't it or no? >> i don't think so. i think it's a sign of the times. i'm withary. we've seen a long thing coming this is lots of external supply, long-term supply. i've lived in asia where i see the opposite. i don't see that re. i wouldn't touch homeowner stocks anywhere in here between a two-by-four neil: time for the night cap, gentlemen. point in the show, stuff you think about tonight bright and early monday morning. ga b.? >> other than the jobs report, neil i is gdp numberhat i look out. that comes out next friday. that is the best look at how the economy at least has been most recently. i think you're going to start to see signs whe it is kind of fllt. neil: what if the gdp report covers, what period? last quarter? >> yes. last quarter. and -- neil: so before a lot of nasty weather hit >> exactly. neil: this quarter looksike a
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disaster. >> this quaer will be horrible but even last quarter i think, with all the adjustments, everything, will still be flattish which honestly i think is indictment of this current administration. neil: keith what about you? >> well, said, gary, indictment of this administration, gary, absolutely. i'm struggling with a sense of day have view --a vu dot bomb b here. i don't like it. i think it is something wrong. makes the cover of "newsweek", boy here we go again. ne: was thiing same thing which should concern you and run other way, when i see these type vuations awarded to companies, i'm thinking that kid, snapchat or turned down $3 billion offer from facebook last fall? well, he is looking brilliant now. i don't know if that is a sign of his prescience or the market's craziness. >> makes you wonder.
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szukster is got money to spend. this guy turning down three billion. where is reality in this? maybe they see something i don't. neil: called new paradigm. gary., wealked aut oer paradigms went bust. i always think you got to invest, promises is one thing but profits invariably are the bottom line tng. we're going back to investing on that worries me. >> yeah. exactly. and i think you know, these new companies, and i still throw maybe it is not new anymore, but newish, even like google. certainly facebook is relatively new, they are so desperate for that next edge. it is like they have got to come up with the next great thing i think they're a gamble.
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neil: keith, go ahead. >> we're using words and similarities between the.bomb be crisis. eyeballs. click factors. we're seeing all terms come back. that is worrisome. neilwe've done tomorrow night. kennedy: it is presidents' day, we never figured out what you are supposed to do to celebrate this winter day off, president celebrates fifth anniversary of stim plus passing -- sfi stim plus passing, they blog about success of a questionable government prop up, and jay carney ou sense out a few tweets. you happy mr. president? we are. this i"the independents"

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