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tv   Cavuto  FOX Business  April 2, 2014 6:00pm-7:01pm EDT

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public company they read we will tell you about it we are here for you. that is my $0.2. with we will see you tomorrow. >> dell the president is back to pushing a higher minimum wage what about pushing for more workers? welcome, everybody. i am neil cavuto. we have this backwards. with the idea to get the job then discuss how much more they should be getting as far as i can tell that is the problem. but millions of americans out of hope in and out of work in the white house job strategy picture being a boss right now in employer
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anywhere if you are not hiring right now the president is a demanding to hike your minimum-wage you are too worried about keeping your doors open. it is open and shut the president cannot make his case the especially when he gets on the boss's case. how about focusing on getting paid period? any think at all get than in the door before you discuss how much you will pay. it is an entry point by the way and the dignity of the job that matters about being employed that none of the above matters were the concerns old betty shackled with health care and a recovery in history but none of that matters. because state higher but news flash they're not hiring.
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those who want them to this is not helping because nothing is worse than telling those without a job what they are missing by not having that job. but this is a given minimum coverage than the minimum wage debate always looks harmless if you have questions. okay john. and i was told there will never make progress if they focu those or not paid at all. >> with that high unemployment we have 1 million jobs less even though we have seen some shoots but they told companies with cash of the balance sheet hire workers you don't leave now they say pay them more. we don't have a job creation on the horizon. neil: if they did them more
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money if they can get its but in this environment to tell a boss that he has to pay more to do so but told them to not hire? >> they want to put away from obamacare even though they messed it up but it is especially hard on young workers. minimum-wage our entry-level. the unemployment is massively high. the you have no schools or no education but you need to make 12 or $15 then people will not get the skills. neil: the same argument when day came up with the health care bill is why don't we focus on jobs?
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that health care may take care of itself than the problem goes away. why don't we focus first getting people in the door then debates and argue or provided down the road a little more? >> part of the economy is doing remarkably well. they don't need the reform to the overtime match for collection north dakota through the corridor. if you have a heartbeat you can get a head job. that are have to worry about minimum-wage is a you are right that builds if you raise it or not is a completely separate issue. but that is not the way to fight poverty. one family brings in a $53,000 per year the earned income-tax credit is a better way to fight poverty. >> they always look
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heartless or to make sure they never have insurance or die a slow and painful death. if they're not in touch with the average human being? >> one of the first things that i heard of the friend of mine who is opening a gym with a friend of his. just him and his partner he will have fines if he does not buy health care for his partner then to hire someone to work the task he has to pay them a higher wage that is less money to get off his feet and provide health insurance the administration is making it almost impossible to start eight new job to make his own business to be a job creator
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neil: you want to make sure there is no excuse to hire people per riding through health care regulations if you clear the decks that i have done everything i have can and to provide the agreements that is a sound foundation and now you are not doing it? then they have an ax to grind. >> it is just getting more cluttered because they think we can do the right thing but they just need to do get out of the way they need to indexed to inflation so there is never a political football again. if you choose 20 years later neil: you're talking about inflation adjusted wages. they cherry pick their years
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neil: i was a great year for democrats. [laughter] in the meantime gas to nancy pelosi fancies the health care numbers? >> people having a healthier life that our founders wanted for them. neil: how does she know what our founders would like? i think ben franklin was left early to bet early to rise because baby she was there when he concluded that. so i can reach ally bank 24/7, but there are no branches? 24/7. i'm sorry, i'm just really reluctant to try new things. really? what's wrong with trying new things? look! mommy's new vacuum!
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so you can breathe and sleep. shut your mouth and sleep right. breathe right neil: good news for the ukraine the u.s. is going to help the country as others reduced their reliance on russia did gas to become more energy independence but a lot of you are asking why we don't learn about the same thing back here? >> it is bananas we are a damned if we do or don't. we need to take care of us first. >> a no-brainer. we are under water ourselves >> tell me what you think
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that team cavuto. 7.1 million is a number you keep hearing that is the number the president was talking about again to remind americans who did not here yesterday with the new health care law leaving aside that number may not be quite as it seems it may not mean 7.1 billion that there might be some do in rosie's beyond that or less than that. given that millions of americans have already lost health care coverage for millions more are said devil is in the details. one named roosevelt have to deal with those. james roosevelt is fdr grandson and loves the law but he also has to administer its. always good to have you. 7.1 billion hartnett space
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wrote the numbers? >> always good to talk with you. i believe the 7.1 million under states the number of enrollees because it does not talk about those that have gone directly to medicaid or new enrollees through employers. under ron gave the biggest number was through employers neil: so you think the number is conservative but i try to find out who is paying or who is not or if you check the box and that counts but i wonder about the millions who lost coverage and in the end is this a wash? >> there will be a question of the net number when premiums are due right now.
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generally by the 15th of the month we will have a good number on who actually paid premiums. neil: is a your suspicion it may be less? >> i have been hearing that initially maybe 10 or 20 percent have not paid on time. but with the web site problems in some states including hours and on the federal level, there may have been greece period it's so we don't have a figure yet. neil: you have to keep the ball rolling to actually implement things. i just know people large generally confused and even if you are not paid more a lot of people are experiencing change whether their doctor no longer accepting the plan but it is confusing.
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do you see that? >> whenever a new product is launched not under the affordable care acts but in general we have a spike and calls to the members service center because people do have lots of questions that is where insurers come into play as people come with the questions. our plan just got number one with customer satisfaction from j.d. power. neil: j.d. power likes what you we're doing you seem to be the exception rather than the rule of confusion so maybe it is a good chance for you to revise insurance companies how to treat customers? >> we tried to rise to the top. but we find our competitors are quick to copy.
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neil: what are you doing? that your doctor is no longer except said, if i had to die every time i heard that i could pay for the health care law myself. >> make sure that new members know what their options are. if the existing doctor is on the planet it makes it easy. neil: lots of times they are not. >> we have to try on the web site and phone response to make clear here are your options doctors have high-quality ratings or the open panel is the key question. neil: if you would have known calling into this may be best case scenario may be 7 billion is optimistic but in the end to a few years from now have 30 million uninsured was it worth
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attending to the entire system to get coverage for the 10%? >> the affordable care act was not one-size-fits-all. neil: but it would cover all. >> it does bad working through private insurance. people will find it has not up and did everything. neil: do you find that unusual in the end not everyone will be covered? been bequeathed to from the minute it was passed there would be people who would not be covered that are undocumented. neil: it does not include that. maybe you are smarter than i am and read the number but i missed it. >> people always fall through the? here in this long gas massachusetts we have 98 percent covered and it takes time.
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>> i hope you are right. james rosen hall. >> always good to talk to you. >> if you are mocking the toronto mayor conde number 24j8 -- gm more disturbing details. >> did junior to identify a defect that someone of general motors had discovered years before. neil: that in junior who discovered all of this is here. proof that general motors could have avoided. when folks in the lower 48 think about what they get from alaska,
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they think salmon and energy. but the energy bp produces up here creates something else as well: jobs all over america. thousands of people here in alaska are working to safely produce more energy. but that's just the start. to produce more from existing wells, we need advanced technology. that means hi-tech jobs in california and colorado. the oil moves through one of the world's largest pipelines. maintaining it means manufacturing jobs in the midwest. then we transport it with 4 state-of-the-art, double-hull tankers. some of the safest, most advanced ships in the world: built in san diego with a $1 billion investment. across the united states, bp supports more than a quarter million jobs. and no energy company invests more in the u. than bp. when we set up operation in one part of the country, people in other parts go to work. that's not a coincidence. it's one more part of our commitment to america. your chance to watch
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neil: keep laughing. the critics cannot get them out of the way. and still popular and to make fun of that mayor jean know why they are not working? because toronto is working and the residence and i am not saying the mayor is responsible but rob ford would not survive any of this. i think he is surviving because toronto is surviving >>.
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>> i have to tell you that his behavior has ben normalize that the average joe is doing things it is about the money at the end of the day toronto is prospering. >> he would be a laughingstock if this did eight or a town or economy that does not appear to be the case. with the politicians on this side of the border might take a lesson from that. >> the people of toronto are happy and feel the decisions he is making in his personal life did not affect them. what affects them are the policies he implements sam political decisions he makes but things are good. we saw this with bill clinton. when things are happy the economy is booming people are more likely to forgive politicians. they are happy taxes are low
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and business is booming so they will laugh about it. neil: in the psychologist but his offenses are not evil. he seems affable of modern day chris farley. i think people can weigh that against the evil or taking advantage of them. the jury is out he is an enduring figure. >> i think so because he is so flawed but look at the direction of the negativity. in some ways he get some of the day from people who because he is hurting himself and not the people he is sacrificing but almost the smarter what -- a barter world he helps them to prosper.
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neil: also when a book get this is the canadians will get him not to of the canadian leaders to the rest of the world but maybe it will give them a chance to humanize the leaders if they get a good laugh for a chuckle maybe that is helping? i'm taking a leap but you know what i am saying. >> some of america's best comedians are all canadians. saturday night live. [laughter] neil: that is a good point. >> we have a good dry sense of humor and canada loves that they exported a joke in some way because they can all laugh together. we never get scandals like this to make all the late-night show is a big deal. neil: very good point.
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you are right to. here is all you need to know that gm is in trouble both sides democrats and republicans are piling on. >> you have been involved in this since you became ceo. had you not looked into this? >> like it or not you are the face of the problem. >> i don't see this as anything but criminal. >> you don't know if anything happened after that investigation? >> i don't have complete facts to share with you today. >> that is incredibly frustrating to me. ♪ ...work with equity experts... ♪ ...who work with regional experts... ♪ ...who work with portfolio management experts, that's when expertise happens.
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common side effects include skin redness headache, diarrhea, vomiting, and increase in psa. ask your doctor about axiron. (agent) i understand. (dad) we've never sold a house before. (agent) i'll walk you guys through every step. (dad) so if we sell, do you think we can swing it? (agent) i have the numbers right here and based on the comps that i've found, the timing is perfect. ...there's a lot of buyers for a house like yours. (dad) that's good to know. (mom) i'm so excited. >> this to me is not a matter of acceptability this is criminal eexception. >> i am disappoint, really, as a
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woman to woman, is this the new gm, miss hi m.s. barra? >> main people are wondering. >> halftime, both parties look to throttle gm, senator heller on why this is not going away for gm, i am looking at that. a bipartisan hiney whooping on part of democrats and republicans fed up with gm. what do you make of that? >> well, it was not a good day, not for the new ceo mary barra or gm, we had nhtsa come up afterwards, we're just as frustrated with nhtsa and their oversight, as we are to gm, there is another leg to this stool that is delphi, they were
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the actual producer of this product, how did they decide not to change the part number. neil: they claimed -- they try to everyone else throws them under the bus. and escape blame, delphi said we warned you about this, they did nothing about this, what is your sense whatever happened here? >> i think there are two levels, one is gm, what did gm know, when did they know it? and den years get -- 10 years getting into before they had a recall, i talked to them specifically about 2006, 2007, 2008. what was the financial health of gm at the time, they were so unhealthy they were bailed out by the taxpayers but is that why they did not do recall, because they could not live through one at that . neil: or do you think they hid it to get the bailout?
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anything that you have been able to investigate, or research, hinted that was a possibility that, news like this would have certainly made that bailout impossible? >> yeah, that is a great question, i think that is how much further the conversations need to go, may not have just been government funds but private also, they were trying to restructure get through bankruptcy. there were a lot of problems a lot of issues going into this, i think there is a cover-up going on, i want to find, and everyone on that committee wants to get to the bottom of this. neil: senator held are thank you very much -- heller thank you very much. much. >> thank you. neil: to mark hood, he was hired by family of gm victim brook to look into what caused her fatal crash. very good to have you sir, what did you learn today? >> i heard a lot of good questions today, i did not hear a lot of good answers to the
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questions. neil: bring us up-to-date, something you brought to a lot of folks attention, years ago. >> yes, i brought -- brought into this investigation by lance cooper attorney representing the melton family in late 2012. i started eval wales, the -- evaluate the switch from the melton vehicle and other switches that i collected from junk yards, and compareed to new replacement switches i was withdrawing from gm part suppliers and found a significant keu difference betwn switches. neil: i think you have one of the switches in question with you, this is say relatively cheap part, right? >> yes this is the ignition assembly, key on one end, switch
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on other. internal to the twitch a small detent plunger that includes a small plastic -- oh, a metal cap and a spring. that holds the twitch in the run position. neil: the hole one would -- old one would what? >> >> the weight of the keys or facility kraoeu driver bumped kr rough road could cause key to rotate from run to accessory position. position. >> the car would stall. >> correct. the think in would stop, and lose power brakes and power steering. >> a lot of drivers were told don't put too many keys on the key chain.
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implying it was their responsible is that true? >> i am aware of service bulletin if a owner complained they were having their ignition shut off, then there was an insert into the key, and the dealers were to advise -- take additional keys and other weight off of the key. neil: that would be a stupid remedy to me. issue for you, mark, is the faulty nature of the switch, why was that not relayed up the food chain or maybe it was stp- >> that is something that was never discloseed buthe melton lit -- the melton mitigation as long as i was involved with it.
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they could not not explain why e saw the differences that we dtwo different switches with the same part number. the number of cars continues to expand. neil: wow, mark you were on 24 before anyone was, mark wood, thankfully hopefully they can resolve this. neil: here is what being brave gets new washington, laughs in media, thank god ryan is still roaring, someone in that cesspool is at least trying.
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neil: give paul ryan credit for at least trying, at best his plan to plan the budget in 10 years is shall we say, optimistic. a lot of assumptions but give the former rep president rallpresidential cands
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much he is willing to address entitlements, like medicare. he gets kicked again to the curb even sarah palin on his case. neil kashkari said there is no bet for bravery, now runs for california governor against jerry brown, we have a call out to the governor. he has not responded. but he has responded in the past, what do you feel, ryan getting from both parties from republicans who distance themselves from him, and democrats. >> we need bold leadership, i applaud chairman ryan for coming out with a plan, that could be boulder, he is putting out a serious substantive plan, and talking about income inequalty. >> this is the thanks he gets.
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>> we need to say, what is your plan. if you are against chairman ryan's plan. neil: your fellow republicans are hanging him out there. >> i'm with you, we need to hold everyone account able, the emergency people and people of california are mature enough have have a conversation if with the facts. neil: people saying in california saying see cash mary mar -- cash mary -- wants to kill grand ma too, we need to grow the economy put people back to work then we'll have more pax revenue, and then we'll be in a strong position t to deal with r telll challenges. neil: i always think.
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they can't win for trying they don't try. they are riding out this elect, hanging their hat on this. this. i have always said, that is a heck of a thing to hang your hat on maybe, public sentiment toward staeu stale elize -- stas by november. >> i think today for most family, obamacare is a real issue. neil: he said he is wining that issue. >> yeah. look at what it means for jobs, going to california for a 6, 17% need work. people all across the state, who have no job or stuck in a part-time job,. neil: not the unemployment rate. >> that is 8%, but a lot of people. neil: jerry brown saying a big improvement. >> we're 47th in america in
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jobs, 47 is good enough. so, look at what obamacare will do to job market, i met with small businessmen and women and church pastors who say i like healthcare but i can't afford to give it to my workers. neil: what do you think that president was saying yet oh, equateing the health care law. helping people who need to help, always fun that republicans are heartless. i'm sure you deal with this yourself. >> look every program will have pluss and minuses, benefits and costs, concern with obamacare, it benefits folks who did not have insurance before who get it now, but there are real costs if costs are people are losing their jobs, we need to have an honest conversation about those costs, i think we should replace it, i think there are programs designed that could be better not have fundamental plays. neil: back to just republican
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politics, i think there is a great divide in the party right now. between i guess conventional or establishment republicans, and then the ren grad -- renegade g, who wins out? >> i think we have to focus on issues you that night us, whatever group you want, within republican party, even independent. neil: they hate i've other. >> i understand, but if i say here is a plan to grow the economy, a plan for california to grow the economy we'll get whole suite of republicans and even and independence. neil: but you first have to talk between each other. >> i think we do, people who scream loudest get the most attention most people top work together. neil: are you -- in rebel camp? >> depends on who you ask. neil: you work for bush they will say you are in rhino camp. >> i am focused unleashing private sector, tapping into our oil and gas, canceling the
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high-speed train in california, building more dams. neil: where would that drain go. >> in theory l.a. to san francisco. neil: how fast? >> i think, medium speed train. neil: not even high-speed. >> higher cost, lower spied -- speed, we cancel train, and we build more water storyage, we're captureing water, we had ae terrible brought now, this is a lack of preparation. neil: can i switch gears talk about the gm mess. and what i noteed in watching the coverage. both parties, jumping ugly on this new ceo. she might be new to ceo but a lifeer at gm. what do you think of that? >> i in some sense i feel her pain, i have testified in front of congress many times, when everyone was angry, she needs to be open, and transparent. neil: he is not, maybe she
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can't, legally she is constraint. >>ly needs to -- she needs too take risk, i tell , we don't hae all facts but i will tell you everything that i know i will show the plan, go back, when i was in school we stew studyed tylenol that problem. they pulled everything off of shelf, they used decisive action. neil: that was not even their doing. >> they showed aggressive act, gm needs to take action like that to reearn public trust. neil: wouldn't that be a kick, if yoif you top make -- if you p make good, taxpayer money, this is what it is. >> but i don't think they should get a pass because they went through bankruptcy gone is on the hook for their products. >> do you think they will survive. >> i do next neil kashkari we're watching closely. governor brown, you are app walking welcome, i know you
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watch. >> next time you are at starbucks typing on your laptop, and refusing to live, look outside that window that google car, that is watching what you type. and further more, it thinks it is legal after this ok, why's that? well uhhh... surprise!!! um... well, it's true. at ally there are no hidden fees. not one. that's nice. no hidden fees, no worries. ally bank. your money needs an ally.
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neil: in biz blitz, google, a guest that just does not leave, it is out on your street kind of watching your every move, going to old is admitting it. -- google is admitting it insisting that google trucks on city streets hijacking data, is not illegal.
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tracy byrnes, and jared levy, really? >> really. neil: is this legal. >> they have been trying to prove this is illegal since back ilate 2000s, it is no. get off wi-fi if you don't want to be snooped, you e-mail someone, they know who is in your contact, you search an ad they send you more of the same,. neil: i put in dwarf questions wrestleing, then over? >> kind of. neil: really. scat? >> there are people out there into dwarf wrestleing. neil: is that you? >> yes, tracy made the points, they are free wi-fi networks in most cases, in a coffee shop that is the price we pay for free, you can do two things get
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off network, and say get with a broad band company, or you could put other file sharing preventions, protections on your computer, fire walls that will protect you from some tphaoping, we're in a -- snooping, but we're in a environment with in success power. neil: it might be legal but does not have look right, feel good impression for most folks about google. as all companies are dealing with cyber security, whether their information is getting lifted by nsa, and passed to government authorities, i don't know, even if they are in legal right, they are in pr right. >> google could use this as a way to educate general public, ruling partially in their favor this week. the appeals court said, wireless communication could be just like public information like scott, you if i was recording something in starbucks, and scott felt
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like blushing out his social security number, he volunteered that information, we need to learn as consumers, protect our information google is just sort of filming around doing their job. neil: i love you dearly but this is creepy. >> crimey to be careful -- creepy, be how we use our information where we use it. >> i think google can control this. >> okay, he can't hear me. it is creepy, tracy, i worry about just a car, parked outside or a van. outside of starbucks, and just, you what they are up do to it is weird, if they are emboltened to do this. >> it is weird, that cars look freaky and they take aerial view of your backyard, and we'll complain? but we still go on google and be happy.
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neil: i want to thank you, we're cut for time, did you see the new me? >> pretty clear what republicans are not serious about cutting spending how about calling democrats bluff, and hiking taxes. not on everyone just the rich they can afford it let's say moving top operate to 45 percen -- top rate to 45% will take a big cut off the top of the table, i bet you will see deficit come down while you are at it. it that points, millions of americans, were simultaneously having strokes and heart attacks but they missed my closing line. after this. eople a question, how much money do you think you'll need when you retire? then we gave each person a ribbon
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to show how many years that amount might last. i was trying to, like, pull it a little further. [ woman ] got me to 70 years old. i'm going have to rethink this thing. it's hard to imagin how much we'll need for a retirement that could last 3years or mor so maybe we need to approach things dferently, if we want to be ready for a longer retirement. ♪
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if we want to be ready for a longer retirement. when folks in the lower 48 think athey think salmon and energy.a, but the energy bp produces up here creates something else as well: jobs all over america. thousands of people here in alaska are working to safely produce more energy. but that's just the start. to produce more from existing wells, we need advanced technology. that means hi-tech jobs in california and colorado. the oil moves through one of the world's largest pipelines. maintaining it means manufacturing jobs in the midwest. then we transport it with 4 state-of-the-art, double-hull tankers. some of the safest, most advanced ships in the world: built in san diego with a $1 billion investment.
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across the united states, bp supports more than a quarter million jobs. and no energy company invests more in the u.s. than bp. when we set up operation in one part of the country, people in other parts go to work. that's not a coincidence. it's one more part of our commitment to america.
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neil: what is the deal with my scareing the you know what out of you, an april fools joke, raise regulations too protect the vast majority americans who need government, and like government. by time i said april fools, a lot of you fools were not buying it kylie in philadelphia, you had me going cavuto right for your throat, don't do that again, i promise until next year, and pam, neil, that was not very nice. but it was funny. victor, what is the deal, i thought he was off his meds or tripleing them, thank god i was wrong, at least i think i was, brian, i am disappointed you were joking for a minute i thought you were cleanseining yr tortures soul, now i know better, still punching your one way ticket to hell. really brian? demanding more account bill for
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or money needs i'm going to hell? not wanting to throw good money after bad, has me dammed to eternal flames, about what gets you to heaven. right now you are draining my view are ship brain cell count keeping tv on. >> i sat in front of my tv listening to me about what you were saying about paying more in taxes, i think my mouth was hanging open thinking, what then you said april fools, you got me. that was the whole points. and this from brandon, you were scareing me with april fools, i kept waiting for you to say it you wouldn't, not saying april fools. and just when i believed it you said it at the very last second. well played. and andy, writing, good lord you had me screaming at tv. >> rand paul, defending
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caterpillar at a hearing wrench where everyone else was blasting the company, they are saying not worses if you, regulation or higher tacking here, big mike tweets senator paul 100% correct. >> chuck, we need a flat tax or consumption tax, debit doctor, senator paul is right, congress should either change our corporate tax system or shut the heck up, rick, congratss to caterpillar's accountants which i had them, how tragic, only you can glorify a company that dodges taxes, it shows your head is as fat as the rest of your pathetic body, you are a doughy don't, i will -- dope, i will never watch you again. what do you have to say about this company of one leaving? good-bye.
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and what is this with thinking just because camera adds 50 pounds i like heavy? -- i look heavy, also, ps, don't let the screen door hit you on the way out, okay? have a lovely evening, see you tomorrow. lou: good evening. the man who for briefest of times was acting director of cia today, testified before congress on benghazi. and he played well. the part but only the part. of an honest man. he was seemingly direct at times as he addressed congressmen. but he was never cand it, forgetful, and never forth forthright. and ic newering contradicts of his -- ignoreing contradicts of his own making and he was most forth coming person in the room. here is

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