tv Cavuto FOX Business April 28, 2014 11:00pm-12:01am EDT
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neil: do not say i did not warn you this with a distinct possibility. talk that mitt romney could be gone for the hat trick if jed bush does not decide to run for president, the man who has tried twice before they want to see if three times is a charm. before you dismiss it, do remember this, ronald reagan tried three times and succeeded on his third venture. that was then, are we about to see history repeat itself in just a couple of years? first, managing editor on why it could happen. we also have the best and brightest on the fox business all-stars.
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bob, to you first, what do you think of that? the growing talk the romney people are listening to those who are saying why not. >> the speculations continues to go. there is some truth to this because romney has said he is not running but yet these stories and the chatter is out there. he is a great fundraiser and he has some name id. of course he has downsides, he was not the best candidate, 4see him. but anything is possible in politics. neil: i do wonder on a lot of things he has proven impressed . even going so far as to talk about a lot of our bailouts, the yield, what have you.
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are we too fatigued? >> there is something to be said of the lesser of all evils right now. chris christie, god love him, he's our governor, but a lot of baggage he comes to the table with. neil: obviously we did not clear her enough. >> i am the first to grab the cannoli on the way out the door. there is something to be said about this. it is not like this is impossible. we have had eight years of this. anything is better. neil: in a crowded field, anybody can climb to the top. >> buyers remorse. maybe it is ringing true. neil: if the election is held over again, the notion seems to be mitt romney would have had a very different result.
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what'what do you think of that? >> remember, you heard it here first. mitt romney is positioning to be a kingmaker in what is looking like an open convention for the republicans. there was a rule change that took place before the last convention. you can read all about it on the article i wrote at forbes.com a week ago. making it very, very, very likely nobody is going to have enough states committed to them with the majority. neil: i love you to death, but i have heard that argument before. >> romney could be in a position. neil: i cannot wait to read your article to spell it all out, but i don't see that as a possibility. if mitt romney worked to run, he is not running to be a kingmaker, he is running to be king. >> it very well could be. neil: i think very well.
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>> on the republican side it will not be a senator who wins or former senator. it will be a governor or a former governor. they tried mccann, they did not like mccain. certainly listen, if you look at the polls, why wouldn't you continue to be a part of that conversation. romney is a part of that conversation. neil: the way you appeared in that documentary for netflix, is great. >> he lost an election that is unusable. neil: you are just an evil person. they will have a tough time holding onto a couple of house seats. now formally indicted on campaign funding. needless to say an uphill battle if he were to seek reelection and he presently plans to do that, but he may be behind bars.
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how is this messing things up for republicans because they don't know how to handle it. >> > he is good like that. i think it will be a challenge for republicans to get through this one. neil: the only one in the new york city area, is it a big deal, or what? >> up until a couple months ago i like grimm and i liked chris christie. it seems like a lot of the top names for the party are having big issues facing them. >> switch to a democrat, you will be fine. >> you know better. neil: i wonder though, do you see a case where republicans i always feel have had the record of grabbing defeat from the jaws
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of victory. they may not be covering their flank in the house. grimm situation is unique but there is a separate part of thought that the gains are not that big. >> he knew this was coming, he allowed the deadline to pass. now he will be on the ballot democrats will win the seat. we have seen this before with the republicans in the house. >> we have seen it time and time again, so pop them both out. both houses are not clear. neil: he does not even pretend to be. >> there is an article on forbes.com about it. [laughter] neil: do you think this thing goes much further than the general staten island for republicans, or do they have to worry some state seats that they thought were safe may not be.
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>> putting some serious distance between themselves and grimm. the one house seat, they are likely to lose this seat, but they have to watch the brand. this can become a bit of a problem. neil: i would stand by him until i don't. when we come back, everyone says clippers owner, just fire him. how do you do that when he is the boss? he would have to fire himself. and daryl hannah in the studio doing everything to make the keystone pipeline a pipe dream for all those oil moguls who are hot to trot on it. next.
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does somebody else give it to them? who makes the game, do i make the game or do they make the game? neil: if you think about it if he were the ceo of a company and answered to a board, he would probably be toast. donald sterling would be out of a job. but he owns the team, he owns the board, he is the team, he is the board. easier said than done to get him out? former mets general manager on what will happen. steve, very hard to do, so what do they do? >> the nba constitution is private, only the owners and commissioners actually know what is in it. but there is only one way an owner can be removed from ownership, that is if he doesn't meet payroll. the league can buy the team from the owner and there is discipline that can be handed down. he can be suspended for a year.
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neil: what would be a million dollars? >> a million is nothing. >> the commissioner can set presence right now, and he should. neil: the owners don't have a good conduct clause. all of us have a good conduct clause. we cannot fling a bird of somebody on the road. we have that built into our contract. this guy doesn't. >> do something, do not allow this to continue. >> the old boys club. neil: can a commissioner, can you all of a sudden create a new policy to address the egregious words or language, there is change policy mistreatment have an owner honor that. >> he was the assistant commissioner to david stern's
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all this talk donald sterling has been racist, he would know about that as would david stern. neil: that is an excellent point. >> adam silver does have a chance where there is a crisis there is an opportunity. personally i think he should go beyond what the legislation of the constitution calls for, fourth donald sterling to take them into court and be able to say what i said wasn't that bad. you cannot go that far, forcing him to do that. but he has to make a statement about what this means and he has to do it quickly before they play tomorrow. neil: i am no lawyer, but i think you are, right? i am thinking that is a lot easier said than done. if you want to give him the heave, good luck, this could drag on for quite a while. unless another bidder for the team emerges with a credible
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offer, not just a bunch of former players. >> there is one credible guy out there who would like to buy the team and happens he is part of this whole thing. magic johnson. the people of los angeles. as a somebody who lived in l.a. for many years, this came as no surprise. we all know who donald sterling is, we have known him for a long time. i never went to clippers games. i was always a lakers fan. what you will see now is a lot of the people of l.a. starting to become clippers fans because they finally put a decent team on the floor which has happened rarely, they will start to waver back. it rarely happens. >> they will vote with their feet. >> i think they will support the team and the players. ticket prices are up by $20 since this all broke. >> because you are in the playoffs. neil: you were caught looking at
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the mets in all of this. when you start winning, egregious behavior is dismissed. i remember going to yankees game last year, sorry, rodriguez hit a home run. that is when they go around all of the bases. [laughter] the guy got a standing ovation from the crowd. he was a rock star with the home run. they when the game based on that home run. >> that is different than being an owner. neil: i understand. but all pressures are eased if the team does well, or do they? >> the players have some power here. the players they will boycott, we will not play, it will force them to take immediate action. they have chosen to play. neil: you're forcing a guy to change rules mid-league. the leak has to be in agreement he can do so. >> do something to make a statement about that or the players can say we will not play because that would certainly affect the business plan.
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neil: they are playing now, not well but they are playing. >> he has a press conference tomorrow to do just this, we just don't know what it is. >> his business could be impacted significantly. i don't want to be associated with him. it may mean he will have to sell the team because the business is losing value. neil: he is not rich without the team, right? >> he paid $13 million for the team, it is already valued at $700 million. if he lists at for sale, it will be over a billion dollars, so what does he care. neil: thank you very much. the fight over the minimum wage, most of the job gains we have seen have been for these type of jobs. not bad if you can get them, but imagine boosting the minimum wage. will we see as many of them? man, all man, it is getting
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neil: when you look at job growth, we have some numbers here that are interesting. of the jobs we've seen, 2.8 million of them, close to 3 million, have really come the fast food industry. twitter is following all of this stuff. whatever growth we have seen goes if you start hiking the minimum wage. if the hike cost jobs, it will increase jobs. the voters they can may be offset by those who lose their
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jobs. a very good point. back with the all-star than a political move that could backfire. what do you think of that? you try to boost minimum wage based on the lower rungs happy, fewer of them are employed has result. >> i own a pizza place, i will probably end up washing the dishes myself. but i think that's what happens, right? we are struggling to make ends meet. it is not a lot of money left. there goes my discretionary income. maybe i cannot afford to keep the ones i have. mcdonald's applied for obamacare. they are not rolling in. they are already bottom line struggling. this will not help the economy at all. minimum wage is not something you're supposed to be in forever. it is a starting point. >> a lot of the better paying jobs were lost, completely during the recession.
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some took lower pay fast food jobs. mcdonald's and other companies struggling themselves. they have zero pricing power. so they can't raise prices to bring in more money, how will they pay these workers more money? neil: i quoted some different numbers. it flies in the face of all of them. >>but here is the thing. these lower wage jobs, a very salvage businessman. you know if you hike that, businesses will be less inclined to higher many more at a minimum. >> let me use traces example. do you know the price of cheese
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went up in the past couple of years? >> yes. >> what did your pizza joint do when the price of cheese went up? you make good pizza. they raise their prices by 10 is because pennies are all that is involved. for whatever reason we never seem to discuss or have a negative reaction when the cos cost -- neil: these are more than pennies. >> it is not that much more when you spread it through. it is not so significant. neil: you have to raise their incomes as well. >> rick, i think your argument is false because i will buy the best cheese in the world to continue this metaphor. if somebody needs to serve it, it will be me, not an extra employee. because that is where i will save money. >> let me tell you what else you want.
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unlike large businesses that can increase their market by going overseas, if you are pizza place, your dependent on people coming in your door. if people don't have money in their pockets to spend, they will only have pizza once a month. neil: that analogy is week. >> how can you say you want a better analogy? neil: pay more so they can buy more. >> they will have more money in their pocket to buy pizza. neil: you're not getting the pizza because of that ridiculous argument. when we come back, our all-stars will be back, we will be talking to daryl hannah. she has made this keystone pipeline not only a big cause, but put her own safety at risk to make sure it doesn't happen. she is here now to say it is getting close, and i am not giving an inch.
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neil: you know, the keystone pipeline, you just mentioned it and there are two extremes on this. the threat to the environment and then those who want the jobs putting pressure on the president to sort of make a decision and get the thing going so they can get the jobs. the president delayed that until at least after the last election if not beyond. daryl hannah is doing everything she can to make sure this pipeline never gets going. she has gone right to the belly of the beast. we have some various pictures of her in the middle of the protest. we have nebraska former art here as well.
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impacted by this. many are in this direct zone. >> running through one part of the farm half a mile through it, the other is the trail of tears. neil: you are convinced we do damage. many say they are overstating it. it isn't the end of the world. >> have had a stand against the pipeline. political ideologies are coming together about this because -- neil: many common forest because they need the job. >> it is actually really shifting the other side because people are realizing it is
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threatening the water supply on millions of americans. >> i say that is bunk. this thing is going to transport over 800,000 barrels of poison per day from canada down to the gulf of mexico. neil: are you just betting on a spill? >> is going to spill some time. we don't need to extract the tar sands. neil: we have big oil needs in this country. >> this oil is not destined for this country. it is a landlocked resource and they are trying to get it to the coast. we already process of some of the oil in oklahoma, but will get it down to the gulf of mexico so they can make it
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available on the global market to the highest bidder, most likely china or india. neil: you want vladimir putin on that benefit? >> if we will be the highest bidder, but i can bet you they are not. neil: what if we were by the means to toughen up their backbone. >> even the ceo of transcanada pressepreston a congressional committee pressed and depressed and pressed to answer if this oil was destined for america had to admit no. neil: let's say it isn't destined for america. say it is our back up to help the europeans. >> that is not the way business works. look at what happens with the natural gas boom. more than ever with the practice of fracking.
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neil: we wouldn't do fracking. you are not answering the question. >> this winter natural gas was unavailable for many americans. unavailable. people were freezing. so we have to recognize what is really going on here. taking this eminent domain abuse taking america has landed for their own private profit to sell it to china and india. neil: what if they sell it to the europeans? >> what is less offensive to me is if we don't expand the tar sands project. neil: then what? >> building a resilient and secure energy system. by employing americans to provide our own domestic made
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renewable energy. >> there is a hog producer down the road a few miles from where we live. he takes his hog manure through. it is pumped into a diesel engine which he runs the generator with. he provides the power for his farm as well as 50 other homes. neil: i imagine there are limited uses for the time being. >> he has purchased a compressor so he can take that methane which is collected, use it in his pickup, his truck, his tractor. neil: all of these other options are not bad, but be all in on everything. >> it is not necessary to damage ourselves. neil: you are damaging ourselves when we have not had damage. >> did you see the gulf of mexico?
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neil: automatically because the fear of a spill or disaster you will not do anything. >> we would build the infrastructure for major renewable energy. neil: we have all this stuff here. >> we have energy that can last infinite. i am pro-choice. neil: you are forbidding that. >> i am not for energy that is going to kill our planet and kill our life support system. neil: how do your fellow neighbors feel? >> some of them have taken the money from transcanada. neil: you opted not to. >> i studied the issue and i found out what this stuff really does, how poisonous it is. if it leaks, we are in very sandy soil, in the eastern part of the sandhill, over the aquifer, on my farm my irrigation well is 120 feet
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deep. when it was dog it has pumped sand, gravel, shale. 120 feet there's a lot of water. it is close to the surface. this is true. in compromise double. the ground is very porous, so that stuff will leak into our groundwater and we will have poison. neil: you are taken that as a given it will automatically happen. >> it will happen eventually. the tar sands are corrosive material. >> the pipe is coming from india, by the way. i love india, but energy in india should be made in india, not in canada hyped through america water supply. we are not going to rest until this thing is rejected. a delay is not enough. the delay was because it wasn't done properly according to the constitution.
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>> just because you can doesn't mean you should. neil: i am tapping your legal brain. legally it is right. >> morally and ethically it is wrong. neil: but you are a lawyer, you don't have those things. >> yes, i do. this is a legitimate industry. there is nothing illegal about being in the porn industry. we are encouraging people put your money in the bank. the government can collect. neil: porn stars don't have a lot of money? >> the same as any business. no shirt, no shoes, no service. if you don't want to allow porn stars to have an account at your bank, you don't have to. neil: maybe it is their name. >> it is a $14 billion market. some other bank will say we will take your money. neil: i imagine it is a small,
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small portion. >> apparently there was one high-profile porn star. i know the answer. neil: i have standards. >> so do i. she is gorgeous, by the way. i guess i am high-profile. you don't want my business. neil: this happens all the time though, right? >> absolutely. i get it quite frequently clients arrested, not convicted. the case gets dismissed. they get a letter from the bank, we don't want your business. it goes against everything this country was built upon. >> there is risk there. neil: that is unfair, right? association? >> there are a lot of things that are unfair. they have the choice if you run a business, the free market will correct for it.
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neil: we were talking during the break how different this is from an apple ceo saying if you do not believe in green technology, don't want to as a shareholder. is it any less offensive? >> it is offensive, but it depends on your opinion. neil: preferring stars over those who prefer global warming. >> would prefer firearm manufacturers over porn stars. neil: they can do it legally. >> i wear glasses, you don't want my money because i wear glasses? neil: i would want your money. >> i have to dispel this notion of my apparent wealth, which i know nothing about. neil: where are these porn stars going to go? >> i think they will go to another bank. >> another bank said we will
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scary. big repercussions. all of europe flipped back into recession. targeting companies, targeting individuals. neil: you would just let them walk all over us? >> beginning to sanction these blocks. neil>> it is never too tough. he is laughing. i think what we are doing is laughable. go all the way with this. because it won't, it just won't. neil: you go too far. >> let's try it, let's see what happens before we back off.
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>> it is thought about what we think, it is about the white house needs to do some hitting up of the sectors and europe says no way jose. europe will not go for it. not happening. neil: who would use the term "jose," by the way. the europeans are weak knees when it is tough. the u.s. had to do something, bill clinton had to do something. when push comes to shove, they will not do anything, so we have to do it. why do we have to bear the pain because of it. >> it has gotten cool in russia to find your name on the list. it is meaning you are wealthy and you are in. this is nothing.
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i agree. but what can you really do? >> a lot of money is leaving that area. neil: so you are hoping this continues. >> there market was up today after the announcement. >> there is no room for squishy feelings. quite frankly -- neil: making maggie thatcher look good. can you imagine her as president of the united states. double parked, you are executed. i am thinking ebenezer scrooge, but that is just me. toyota telling the workers i hope you like texas, i hope you like heat, i hope you like big bugs, but obviously latest company announcing moving the operations headquarters to texas. here we go.
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>> we compete for big hair. you have tons of taxes, tons of regulations. why wouldn't you move? you're putting everybody closer to the plant, so it makes much more sense. neil: this is just moving the administration staff. >> and cost-of-living, cost of business all cheaper. it makes economic sense. >> 14,000 jobs have moved from california to texas. neil: they cut the rules, cut the regulations, cut the taxes. >> it is less about taxes, more about workers comp cost and liability cost. tracy had it right, it is about the fact their business has shifted into the southeastern region. no longer is it an issue they are importing cars. they make them here now.
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a bummer for my friends in torrance, they will lose jobs. too bad. neil: it is not as if they are knocking. >> when his california going to vote republican? >> not this time. neil: never say never. the state could change. >> probably went texas goes democrat. neil: i don't know about it. was ronald reagan the last two when the state? >> duke. neil: talking the president. >> yes. not the last republican governor. neil: you are right, you are right. thank you very much. me, recovery, new beach. all a few can go ahead and dre dream. ask, neil, can it be the deal?
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>> what's the deal neil? neil: what is the deal with the democratic strategists, urgeing candidates to not use the word recovery, noting for many americans there is no recovery going on. so why add insult to injury, telling voters there is one? we ask, what do you say? we raised alternative on my fox news show, continueed on this show, then what? when viraly, quickly. i suggested just give us more time or we'll get back to you.
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but a lot of you came up with better ideas. because you had more time, gary, how about recover uppery? >> not bad. >> victory, i got it, continued tanya, are you freaking kidding me? kip ling, surely you pull my lege. debra, horns wog elry? kevin, wreck uppery. james, mythery . >> and tim, if this is a recovery -- recovery is pure tom foolery. whisper tell, bamboozle eric
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er lying through their as ssery . >> megan what the -- fery. st steve in las vegas, surprising no one has given you transformery. and orlando, name-calling silly, what about you have a cluey, you you are just a stupid fatty who couldn't carelessy, you are just going to helly. why are you still watching orlando? just confess, you love me, say it, so we can move on e. i can say that any liberal who calls this a recovery will end up sleeping with the fishys. not bad. and understandable to all these taxes uyou and others are
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getting hit with daily, carla, you know there is enough, time for an overhaul, and changing of the guard now. nobody cares about america's fall. >> we need a flat tax, everyone pays something if they receive a paycheck, one person, and all income tax, tax consumption, the communityure of our money not yours is sickening. then random museings over some you are wondering about a certain favorite anchor of yours you are missing, no neil for a week? i am weak. return or i never shall, i am here. yahoo! your subs were great, but you are my 12 inch hero. all right. i'll leave that. and trevor, that tom sullivan guy reminded me of your dad, or older version of you, polite,
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and dull. this is from tom. cliff in atlantic city, tell me you done go to one of those tphaounude beaches tell me so it know which one to go to. i did not know you were doing this. i'll leaving guessing. i suspect it will be a hefty bill, but one that this viewer will happily pay. it will cost you, think my way in prime rib each day every day, now like the zoo. porter, i heard you were coming up with other names for the recovery and administration was tracking you down to put you out of your misery. well, i'm still here porter.
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they are disappointed. this is taxing. all right. that is it, see you tomorrow. kennedy: if you have the power in this day and age, whether a congressman or a president, how would you use it? would you take your machete and hack off useless governmental limbs, stagnant agencies that suck money. would you use your might to compel people to testify as a moral beacon, urgeing your foes to do what is right? we have people on tonight show, liberty leaning democrat, jared pollis. and congressman darrell issa will be here. he feels he knows what is right, we
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