tv Cavuto FOX Business February 24, 2014 6:00pm-7:01pm EST
6:00 pm
report from the field, report from someone experiencing obamacare first-hand, and the news is not good. my two cents more. that is it for tonight's "willis report." thanks for joining us. have a great night neil: this just in, obamacare down not out. that is not democrats saying that. that is republicans saying that. welcome, everybody, i'm neil cavuto. tea partiers had a feeling about this, didn't they? something didn't smell right to them when mainstream republicans said quit fighting keep your eyes on the prize. that prize was the midterm elections this fall, taking the senate and maybe, settings up taking the white house two years later. so avoid any distractions like shutting down the government and listen up. keep the focus on the well-tested issue of obamacare, how bad it is how unpopular it is and how important killing it
6:01 pm
is. tea partiers were all for bashing the health care law. what they were not for was doing it at the expense of pretty much everything else, like reining in government spending. tee partyers watched in shock as republican leaders again and again caved on issues once the core of their very existence. increasing the debt limit without so much as a fight. signing on to budget agreements without so much as a single cut. there was the trillion dollar farm billowedded with pork. the president breaking grand bargain promise of republicans to nominally control entitlement costs and republicans not saying boo. throughout, tea parties told sit tight. obamacare will be our issue and obamacare will be our fight. powerful republican governors given up the fight. that the controversial health care law is here to stay. republicans will try to fix it and adjust it, but foreabout killing it. tea partiers can't believe it. the grand ol' party is not that different from other party, getting along to go along. now tea partiers are finally
6:02 pm
saying so long. to two teed off partyers not exactly in the mood to party including activist and reticent jennifer stefano and jennifer frazee. jennifer, obamacare stays. your thoughts? >> i think that is a great way to become extinct if you're a politician. in america what we're seeing is a major shift this is no longer a partisan issue, neil. obamacare is hurting not just republicans. it is hurting all people. it is hurting people who voted for obama and believed in him. people have been betrayed and lied to. if a politician wants to have any credibility they have to come out swinging against this law and promising to protect americans from it. otherwise i don't know who they think will show up at the poll for them, i really don't. neil: it is interesting, jeff, i want to get reaction to this. the president himself was joking about it. here is the president responding to this. >> she is exactly right. >> republican governors here.
6:03 pm
i won't name them in front of the press because i don't want to get y'all in trouble who chosen to cover more people through new options under medicaid. neil: what he is more or less saying this train has left the station. republicans see it, are embracing it. all those tea party es can more or less stuff it. he didn't say the latter but i think he implied it, jeff. your thoughts? >> he is not listening to american people. the american people are fed up with obamacare and starting to have impact. i think 2014 elections will have tremendous uprising of tea partiers. i encourage republican voters get involved in the primary process because the republican party lacks leadership. it lacks message, vision, and long-term vision. you know what? my generation will suffer the most and it is unfortunate right now. neil: you know, jennifer, the argument is that this law is too entrenched in our economy right now to just shut down. so the governors seem o be saying and i'm taking them at, from their position here what
6:04 pm
they're saying is, look, we could rejigger, make it more market friendly, make it more, you know, policy-friendly. people are not hit too hard but we can't just kill it. it is unkillable. you say what? >> well, not true. they said the same thing about prohibition. that was constitutional amendment, much harder to get rid of instead after law. it is a bipartisan issue. we're pushing back against the medicaid expansion in montana. my organization, democrats for prosperity -- americans for prosperity. they have a democratic governor, bullock. they were able to stop him from expanding medicaid. we're in louisiana, working with governor bobby jindal to stop their legislature from extending medicaid. you have republicans like tom core bet of pennsylvania and others who want to see this medicaid expanded and they are going to have to hold the line. but i really -- neil: you leave out there, you know this inside and out, easy money. money right up front and pain comes later. but, jeff, here is what i worry
6:05 pm
about with republicans what do you then stand for, republicans in go along to get along? i give the other side an inch they will take a mile. if you give them a mile they will take you? >> exactly right. we've become parity of democrat light. as a result, democrats are steam rolling republicans. i go back to lack of leadership there needs to be strong vision for republican party. conservative constitutional principles. american people will rally around that, i have no doubt whatsoever. neil: we'll watch closesy guys. thank you very much. google or your life. google decided they know a lot more about you than your wife. is that google's way of saying we're all marchmarryed to mob? go to team cavuto right now and let us you know what you're grring about in the next 20 minutes when you take over. the issues that matter to you, you.
6:06 pm
peace of mind is important when you'reunning a successful business. so we provide it serces you can rely on. with centurylink as your trust it partner, you'll experience reliable uptime for the network and services you depend on. multi-layered security solutions keep your information safe, and secure. and responsive dedicated support meets your needs, and eases your mind. centurylink. your link to what's next. ♪
6:08 pm
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 td 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? ♪ neil: world might love google and its technology but flipside
6:09 pm
we all eventually become slaves to google and technology. on the b-side a top google executive bragging how google will soon know you better than, well, your spouse does and short order, robots robots will be smarter than you or your spouse are. we have a congressional candidate, katrina pierson. this is kind of thing worries you this very type of talk. >> you know what, neil? enough is enough. what they have essentially done is legalize stalking in this country. i don't want my most intimate details being stored by google or anybody else for that matter. neil: but they are. >> if the american public knew, they wouldn't want it either. neil: yeah, but i think what he is saying the obvious, that it is out there. we can through your own searches glean a lot about you, maybe a lot more than your spouse knows. that's reality. wake up to it. get over it. the technology and such is getting that smart. by 2029, so smart will be smarter than you.
6:10 pm
>> well, absolutely. you know what? it is very scary, you tech company you don't know who is behind the other monitor, can know the most intimate details but, which most likely will be used against you in a court of law. but the point here is the american public, they love technology, it is great, it is convenient but they don't really know the risks that they're running and that is failure of leadership in the political sphere to hold these people accountable and to make people know what is going on. neil: all right. do you think a lot of people kind of know that when you're on the internet, you do surrender, at least a little bit, of your privacy and that if you don't want that to happen, don't get on the internet, certainly don't be using google. what is the alternative? >> yeah, i do think that most americans live in their own little world and think, oh, it is not me, they're looking at everybody else but in fact they're looking at everybody and it's true. we take that risk and i think what we'll see moving forward is another tech company that is going to spawn up, that will value your privacy and we'll see
6:11 pm
a shift. neil: we shall see. katrina, good talking to you again. thank you. >> thank you, neil. neil: former microsoft coo bob herbolt says all of this might sound a little creepy but it is increasingly reality. bob, does that mean we just embrace it and, you know, lay down our arms or what? >> well, neil, i think that first of all, many flowers have to bloom. we're seeing all kinds of capability that is frankly are very excitiig. the job that these search engines do and in terms of helping you if you're searching for a car, make suggestions, are terrific. amazon knows that i like biographies and makes good suggestions over the course of a week. and so, there are good aspects to this and -- neil: google also knows if you're let's say, dwarf tossing. i'm wondering, not that i am although it is funny just wondering how far this goes? someone who collates all this
6:12 pm
data, i think that was inference here at google, has a weapon, right? >> they do and i think what will happen is that the balance will be achieved. i think some new tools need to be put in place that give people much more awarenesses and3 control. oo the other hand these are really positive developments to see automobiles that alert you, that the c of you is stopping and it is going to help you. neil: bob, you're right on all of the above but i'm saying do we have to surrender a little bit of our privacy in the process? i always thinking of old scott mcnealy line, if you want your privacy, get over it. >> i think that's true. for example, i'm not telling amazon to stop. it makes great suggestions. i'm not telling google to stop, relative to the quality of some -@of the serveses. neil: no, i'm telling them to stop this. i like all that stuff. just stop this other nonsense. >> exactly. neil: but they don't, they don't. >> there will be tools, neil.
6:13 pm
there will be tools. neil: but the tools are like a hammer and pick axe. does that bother you? >> it does and the awareness of the ability to use those and how to use them is low and we need to fix that. so there's no doubt there are at love issues but let's this thing grow a bit and learn to control it the way we think is appropriate. neil: bob, i hope you're right in a calming perspectives hold here but the cynic in me wonders. thank you. always good see youing my friend. >> right. neil: will you ever fear a world war 3. why are we cutting our troop levels what they were before world war ii? the former knock police commissioner who was very involved in trying to get iraq's police force up to speed on our speedily forgetting the terror threat? bernie care rec coming up. weekdays are for rising to the challenge.
6:14 pm
they're the days to take care of business. when possibilities become reality. with centurylink as your trusted partner, our visionary cloud infrastructure and global broadband network free you to focus on what matters. with custom communications solutions and responsive, dedicated support, we constantly evolve to meet your needs.
6:15 pm
every day of the week. centurylink® your link to what's next. iwe don't back down. we only know one direction: up so we're up early. up late. thinking up game-changing ideas, like this: dozens of tax free zones across new york stat move here. expand here. and pay no taxes bfor 10 years... with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your biness can qualify at start-upny.com ameriprise asked people a simple question: cayou keep your lifestyle in retirement? i don't want to think about the alternative. i don't even know how to answer that. i mean, no one knows how long their moneis going to last. i try not to worry, but you worry. what happens when your paychecks stop? because everyone has retirement questions. ameriprise created the exclusive confident retirement approach.
6:16 pm
to get the real answers you need. start building your confident retirement today. what is this place? where are we? this is where we bring together the fastest internet and the best in entertainment. we call it the x1 entertainment operating system. it looks like the future! we must have encountered a temporal vortex. further analytics are necessary. beam us up. ♪ that's my phone. hey. [ female announcer ] the x1 entertainment operating system, only from xfinity. tv and internet together like never before. which will cause me to miss the end of the game. the x1 entertainment operating system lets your watch live tv anywhere. can i watch it in butterfly valley? sure. can i watch it in glimmering lake? yep. here, too. what about the dark castle? you call that defense?!
6:17 pm
come on! [ female announcer ] watch live tv anywhere. the x1 entertainment operating system, only from xfinity. neil: well something like this. times are tough but not really that tough and to hear the wednesday secretary tell us not tough enough to warrant all soldiers we're out there. wehrmanned for big wars we're no longer fighting so let's start cutting. secretary chuck hagel means really start cutting. back to not just what troop levels we have we got into let's say, iraq and afghanistan but before we got into world war ii. to bernie kerik who is quite concerned. you might remember bernie, more recently guy spent three years in minimum security prison after pleading guilty to fraud charges. we'll get into that. but former beat cop turned new york city police commissioner and almost homeland security chief also knows some of the world's hottest terror spots including iraq where
6:18 pm
president bush commissioned him to help rebuild iraqi police force. we might be done warring in iraq but bernie, you have argued forever that those bad guys are never done warring with us, huh? >> they are at a constant war. they have been at war with us. i think one of our failings across the country is we forget that sometimes. neil: do you think we forget it now with talk about bringing troop level down? >> the troop level, you may be able to take the troop level down a bit because we have more technology. we have drones. we have a lot of things that we didn't have before but my, one of my greater concerns is our naval fleet. is our air capability. and, the message that we send to those country that is still feel that they were our enemy, it, puts out a message of weakness and we can not be seen as weak. neil: i remember when you went over to iraq under the behest of president bush came back
6:19 pm
thinking oh, it is a mess. really a mess. this supposedly the tide would turn in our favor. no doubt that the american forces were turning it but these people would all of sudden to a man or woman love us. that is not the way the world works. >> it is not the way the world works and especially not the way the world works in that region. look, what we've done. we went into afghanistan. we went into iraq. we went into libya. egypt. that entire region is in chaos, if you will at this point. and -- neil: so you think that was all a waste of time? >> i don't think, look, i think saddam had to go. he had to go. he was killing, mass murdering and displacing millions of his own people. libya, qadaffi he already given up his weapons. what the push was to get him out there have i'm not sure. you know, you took out the president of egypt and you put in a radical muslim in his
6:20 pm
place. now, both of them are gone and country is in chaos. syria, it is another hotbed. we have assad in position there. he is a nuisance. he has always been a nuisance. he is a bad guy but you want to give worse people his job. we are in a position right now, you got people in the congress saying, we want to support the rebels. the rebels, most of them, many of them, are al qaeda. you want to support them? you want them in power? do you really? neil: ron paul was here not too long ago, bernie, say hello with all of them. don't get involved any in of these places. >> well, at this point we have got to pick our battles very carefully and we can not forget that there is a threat against this country, period. neil: do you regret the time when, you know, president bush was exploring you to be homeland security director? all attention and note right that got you, got you in hot
6:21 pm
water. people didn't like you and glom on and try to make a federal case out of you. do you even regret entertaining that offer? thought, and i believed today that i could have done a better job than most people in that position. i'm absolutely convinced, i could have a done a good job, if you look at my past history. put all the scandallous stuff aside, i have had enormous successes in my career and i think i could have been extremely successful in that position. neil: are you bitter? >> am i bitter? i can't be bitter these days. i got to move on. neil: three years, prison. a little long. >> it is not a little long. it is too long. it's long. neil: got you talking about how we go about this whole incarceration. you said the assumption of guilt is immediate in the public's eye and press's eye, prosecutor's eye. you talk about the experience itself, as the system doesn't
6:22 pm
work. the system actually contradicts its own mission statement. what did you mean? >> we're supposed to impose justice. the punishment, if you are convicted, whether you're convicted in court or you plead guilty is supposed to fit the crime. in today's american justice system that does not happen. the punishments do not fight the crime. -- fit the crime. you are punished for life. if it is a felony and, even if you're given probation, even if you're given probation, the collateral damage from that fellly conviction lasts you for the rest of your entire life. neil: you can't work for the government ever again any way, shape or form? >> no. especially in the security field. no i can not. neil: how does that make you feel? you've done your time. >> i done my time. i did exactly what the government waned me to do but that makes no difference. neil, you know what? forget me, forget me.
6:23 pm
you have 18, or 19-year-old kids convicted of some low level first-time drug offense. stick them in eight prison for eight or nine years. you let them out and by some illusion you think that is benefit to society. it is not. neil: you put a lot of people behind bars? >> i did. most of the guys i put in prison like. mexicans or trying to get out of mexico. neil: none of these 18, 19-year-old kids? >> not that i remember i was doing buy and bust stuff. we took kids off the street but they were state charges. in federal prison? they're in there for 10, 15 years. you can't have that. you're cruise filing society. neil: i know it was minimum security. that is hardly a cakewalk. did people try to mess with you? what happened? >> no. i was, i was fine. you know, i was one of 300 men that was assigned to this camp. i had, you white-collar charges
6:24 pm
so to speak. neil: the fact it was country club type prison. it was far from it, right? >> you know what? country club setting thing is nonsense. it is bs. you don't have to worry about staff infection or mrsa infection in country club. you don't eat out of a microwave or tupperware dish and most importantly you're not deprived of your freedom. i don't give a damn what anybody says. that is the worst part of prison. i don't care what kind of setting you're in. neil: you talked about this and how screwed up our legal system has gone here especially sending people off to jail and you mentioned dennis kozlowski, former tyco chief just released. he said he did not commit a act of violence. he was not a pedophile or rob or rape or maliciously assault anyone. the conviction resulted in 8 and a third to 25 years. pay $90 million restitution to former employer and $70 million fine. you go on to say, what is enough is enough?
6:25 pm
>> his case is one of the probably in this country. the guy paid 160, $70 million in fines and regstution. okay. is that not punishment? you convicted him in court. is that not punishment? it is enormous punishment. oh, yeah, but you know what we're going to do? we'll send him to prison for eight 1/2 to 25 years and we'll guaranty he is completely crucified, not to mention, when he applies for parole at seven, we're going to keep him in for another year. they will take some guy that is in for attempted murder, doing 10 years, to let him out in four. you know what that guy did ? went out and killed a nassau county cop and civilian that he killed in the process of escaping. is it fair? no, it is not fair. kozlowski went to prison because he made a lot of money and was extremely successful. that is what the focus was. neil: you think if he didn't spend money as lavishly -- i
6:26 pm
always think it is miss money. leaving that aside, almost makes you a target these days? >> of course it makes a you a target! neil, walk down the street and ask anybody about that guy and you know what they will tell you? that is the guy with the six, the seven, $9,000 shower curtain. neil: right. >> i have no idea what that guy did. i have no idea what -- neil: that is what we remember. >> the shower curtain. that is all i remember. you know what? he paid his price to society. he paid his debt. why isn't he out working, real work, paying taxes, taking care of his family and giving back to society? neil: he will be barred i think from the securities industries. your barred from working with government. how do you make a living? what do you do to make a living? >> i don't have a clue. neil: really? >> i don't have a cluee the bottom line and -- neil: you and rudy giuliani talk. >> no, we have not talked. neil: really?
6:27 pm
>> neil, listen -- neil: through your incarceration you didn't talk? >> no, sir, i didn't talk. neil: when last time you talked to him? >> september 11th of 2006. neil: are you bitter? >> no, no. you know what? i want to stress this, if i'm having a problem getting a job and kozlowski can't work, what do those hundreds of thousands of young kids that we put in prison every year, what are they going to do? what are they growing to do? where are they going? they're going back to the streets. they're going back to society. is that really what we want back in society? somebody has to fix this system and it has got to get fixed fast. neil: bernie kerik. very good seeing you again. >> thank you, sir. neil: thank you very much. we'll have more after this.
6:32 pm
.. our financial industry those same factors so it is just one problem that the government and industry have to fight together. neil: they cannot get on the same page with a normal business reaction let's not make a big deal out of this. you say the better part of valor gets it out of the way fast? >> do you have the best fire wall? the best engineers to make
6:33 pm
sure you are well protected with your data and information from a proprietary standpoint? do you do background checks? we'll get efforts snowden. other examples. target. neil: they're just dumb. >> somebody is on the inside somebody has access. if it is a chinese maybe they have access internally. maybe it is the hacker who do they have inside? neil: most of the time is someone on the inside. >> very often. neil: thank you. neil: forget health care the obamacare is bought on. ♪
6:36 pm
in the new new york, we don't back down. we only know one direction: up weso we're up early.ection: up late. thinng up game-changing idea like this: dozens of tax free zones across new yk state. move here. expand here. or start a new siness here... and pay no taxes for 10 years. with new jobs, new opportunities anthere's only one way for your business to go. up. find out if your business can qualify at start-upny.com hi, are we still on for tomorrow? tomorrow. quick look at the weather. nice day, beautiful tomorrow. tomorrow ifull of promise. we can come ba tomorrrow. adriven to preserve the environment, csx moves a ton of freight nearly 450 miles on one gallon of fuel. what a d day.
6:37 pm
can't wait til tomorrow. neil: it is time to spread the sheets where we take us a different look at a topic on your mind to first make them laugh then they will cry but cutting to obamacare this video will make you think. ♪ ♪ may be not dolly parton but with advertisements like this will get people to laugh and think about health care as a cost of our jobs
6:38 pm
and the american work ethic? >> right. it is difficult to sit down and watch a half an hour of television without seeing pro obamacare had to sign up with the marketplace and opponents of obamacare counter those ads and in this case making a pretty funny music video about the effect on the economy. neil: more or less they are saying because of the health care law more workers will become part time and that is just part of it. >> right to. and a lot of people will not take the time to read a report from the cbo to show how obamacare would eliminate 2.5 million jobs
6:39 pm
from the economy. but a few people can watch a video that is a few minutes longer funny and educational that is of wind. neil: on the riverside pushing the lot trying to use humor to get people to sign up to is to say this would be dismissed? >> to get people's attention to think all sides of the story remember the pajama boy video? that was of light are did take to style -- sign up but it is just the counter to that that's enrollment numbers don't show the whole picture. there is an impact on the economy, said jobs the type of health insurance may not be the best fit. many people have seen their insurance canceled. there is another side to
6:40 pm
this story. alec baldwin and loads. charles payne calls them a load. peace of mind is important when you're running a successful business. we provide it services you can rely on. with centurylink as your trusted it partner, you'll expernce reliable uptime for the network and services you depend on. multi-layered security solutions keep your information safe, and secure. and responsive dedicated support meets your needs, and eases your mind. centurylink. your link to what's next.
6:43 pm
6:44 pm
rat. he has nothing to do with our lives #hate monger put anything there. another grandstanding his career must be winding down. >> i was driving down in the village two summers ago he rode right in front of me on his bike deaths raised to thousand if i would have hit him i would have been arrested. they would carry me around the york city on their shoulders. [laughter] neil: he probably knew you. >> he stopped hitting up cameramen maybe people would not be too interested. neil: it is interesting he rails against the network that he worked for so does he eat his own young?
6:45 pm
>> it is always inevitable like a shark nothing else around to each other sharks. neil: really? >> i don't know. i just said the. [laughter] neil: remember he was booted from a flight for using his cell phone? the transportation department now says he is looking at keeping up with in-flight calls but now giving the green light. this is america you have the right to call anytime you want to know sulfone on planes period can you imagine sitting to an obnoxious loudmouth for five hours? >> it is geographical. also oklahoma they are courteous and the new york or california route? absolutely not for coming sure you have an air marshal on each flight.
6:46 pm
you will need one. neil: people feel the need to show. they have arrived at the technology you can talk like i am right now. no. that guy is history's chemical is listed no job for no girlfriend nobody in the bank is trying to cut a deal. neil: this is an issue near and dear galago movie to across despite his warnings if he is quick to point out eyes of this for myself with the anti-business undertone but it did the double standard leave the kids alone. others are defending the movie at was about as anti-
6:47 pm
business doesn't bugs bunny people need to be not too sensitive. >> i don't like the subliminal suggestion over and over if you wear a suit and tie you are the villain. neil: it is not subliminal. >> it is straightforward. we are in the country and people are dropping out of the work force and told state in your parents' basement and tell your 26 get the college degree you are -- with every bond. but to rumpled bet or in power to be proactive where we are. the movie industry makes a lot of money and concession sales al pace inflation nobody ever gets $20 million back so they have the double standard but i say keep away from the kids. neil: it is so pervasive but
6:48 pm
you could make the point is is just a kids' movie but what hurt anyone to make a movie about the business character not being a jerk? the main character the guy behind building robo cop he is the good for nothing esop offer the money i felt like saying to my boys. shocker. >> every time it is amazing. the credits roll up then the guy who wrote to it was the lead actor and producer and director don't work too hard give me a break. neil: with so then all the merchandise. [laughter] >> it is a beautiful thing to have both ways but there are ramifications. neil: starting with a young
6:49 pm
age you are right not to trust these guys because whatever they have achieved is through various means. that is not a subtle message >> click that occupy wall street those young adults really believe that. idle vague the majority of americans realize overwhelmingly overwhelmingly most rich people are self-made they have long coattails and have made sacrifices. when the president says they're on their second 1/3 marriage and don't know their kids names of the others have benefited. >> but they are a danish company. [laughter] >> for all those people who have stepped on a late go without shoes. [laughter] >> but he should be killed from the outset that i a digress.
6:50 pm
netflix are happier? try higher bills. we will explain. mmon kind... ...it's not caused by a heart valve problem. dad, it says your afib puts you at 5 times greater risk of stroke. that's why i take my warfarin every day. but it looksike maybe we shoul ask your doctor about pradaxa. in a clinical trial, pradaxa (dabigatran etexilate mesylate)... .was proven superior to warfarin at reducing the risk of stroke. and unli warfarin, with no regular blood tests or dietary restrictions. hey thanks for calling my doctor. sure. pradaxa is not for people with artificial heart valves. don't stop takg pradaxa without talking to your doctotor. stopping increases 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 ha abnormal bleeding or have had a heart valve replaced. seek immediate medical care for unexpected signs of bleeding,
6:51 pm
ke 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 all medicines you take. prada side effects include indigestion, stomach pain, upset, or burning. if you or someone you love has afib not caused by a heart valve problem... ...ask your doctor about reducing notthe risk of stroke with pradaxa. valve problem... predibut, manufacturings a prettin the united states do. means advanced technology. we learned thatechnology allows uto be craft oriented. no one's losing their job. there's no beer robot that has suddenly chased them out. the technology is actually creating new jobs.
6:53 pm
neil: did netflix and just make peace with comcast or set the stage for you to pay more for any other provider? picking apart the ran some that netflix paid to comcast. comcast god netflix to pay more for streaming more i think they call that tier pricing and precedent setting what is to stop carriers from charging you more to download more? borghese they're getting the -usiness so if you are not
6:54 pm
happy? >> it is like trying to negotiate with hitler. >> come on. >> as other companies start to do this toobecome the internet monopoly but with markets there is no competition like the time warner deal. of course they have power to negotiate but once everybody pays for access to get into the home. it is not the power company so the government doesn't have to step in the ultimately the consumer will be friday and the internet company will lose power. this is number one innovation what if they all shaky down for those fees? >> kim glad he did not make a stretch by equating comcast to the third reich.
6:55 pm
but what you see is simple trade you use more, you pay more. netflix is a wonderful company but they don't own the internet is that a public facility. if you want to use more you have to pay more. neil: may be the precedent is set to you pay more if you use more but all of a sudden they have set the stage for willy-nilly price increases that are out of control. >> they have not gotten out of control within the other industry. do what more salad dressing? you pay more. first-class? you pay more. 15 years ago you'd pay $60 a month just for e-mail now you get more so if they paid more it is because they are getting more that is what netflix and comcast are doing. neil: we will see high
6:56 pm
bandwidth used companies paying for that privilege but how much? i can imagine for comcast is pay dirt. >> on the one hand they got in trouble with the flat fee pricing structure. neil: but it is not any more >> not to the consumer like cellular they don't charge of the user for the bandwidth it is like trying -o get the money for your refrigerator. but the problem is the reason they are not passing this on because then the government steps in if netflix without $1 surcharge choose subsidizes the government would be all over them. the problem is it is passed to the large internet providers so we don't see
6:57 pm
the damage. but it is there. neil: you will pay more regardless. but the trouble is there's no shortage of popping up with the mournful world congress in barcelona but there are so many players. i don't know which smart to watch wins but the technology is all the rage supposedly. who has a leg up? >> it looks like google's but they're all competing. remember there were a world affairs to debut innovations like the incubation and machine or the ice-cream cone. neil: the best invention ever. >> they are truly para calls on earth of all the major players google is the top dog besting apple. with their of creating amazing things and all consumers will benefit once
6:58 pm
again. higher quality and lower prices. >> get might be samsung because this activity banned watch has not taken off is a novelty although they added off part to monitor. the minute it becomes health that your doctor contract you you could see your energy usage then it is big mustaf. i don't know who will pick it up and somebody will make a big market at of the combination smart watched with activity function. >> i totally agree with the terms of hhalth. ♪ neil: there are a lot of medical applications. what are you looking at for tomorrow? >> government-backed has resigned turmoil in the country but the market keeps
6:59 pm
going up. i think it can move higher even with bad news out of the police. >> housing prices are relevant right now coming out tomorrow. we just saw the market slowdown because of possibly the weather. i will see prices not continue to rise but not fly backwards of the economy cannot handle it. neil: you think if home prices are stagnating if people are looking for the boom did you don't see that? >> i don't want a boom but going up with the nice steady pace is good. you don't want anotter bubble but the recent rebuilding of home-equity to slide back. we saw interest rates but i hope it does not slide back. >> the reit's are doing well
7:00 pm
but is a good indication for housing prices and the whole complex moves higher here. he is talking about real estate investment trust. that will do in a. we will see you tomorrow. lou: good evening, everybody. ukraine's acting government today issued an arrest warrant for the president they deposed. the pro-russian viktor yanukovych, the opposition government accusing yanukovych of mass crimes against the demonstrators including multiple murders of protesters committed at his order before he was forced to flee kiev. there are reports tonight that yanukovych has fled east into a pro-russia part of the ukraine on the crimean peninsula. russia's foreign minister calling the ouster of yanukovych, an armed mutiny. prime minister dtr
138 Views
IN COLLECTIONS
FOX Business Television Archive Television Archive News Search ServiceUploaded by TV Archive on