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tv   Cavuto  FOX Business  May 1, 2014 11:00pm-12:01am EDT

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♪ neil: al me. i hate to tell you that i told you so. including how many enrollees we have that are just not the speed. two thirds of those have actually paid for the privilege of getting health care or at least paid the premiums so they could get health care. so by that math we have to raise around 2.7 million on that figure. and now we are down to about
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5.5 million internet new enrollees. all of those enrollees we have an even faster than how many had insurance before. he reduced list even further to maybe 2.5 million net new paying enrollees. then there is the separate issue as to whether they were cleared through the exchanges. and so again, as i say, i told you about this. >> you're not officially signed up. if they haven't paid it come are they really enrollees? and i would always question how many of them pay. would it not be disingenuous to include them in the total? and you get the skinny here.
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and i want to bring in my friend, pat buchanan. and early on you are also looking into what sounds to good to be true. and a lot of people were slapping them upside the head. but now we get one more numbers to come out to confirm your suspicions. and this is going to get worse. i suspect it will hit home. >> the committee said it is a snapshot of these are early returns. but you haven't mention the fact that among the millennialist from 18 to 34 of those who have signed up, only one in four have paid their premiums. so that suggest that suggests that there may be an awful lot of deadbeat or freeloaders that having paid their premiums yet. it's the one we needed 40 of
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those. it ended up being 20% rated it three out of four have not paid and we're now down to about six or 7%. and you know where this is going. it is not going in a good place. >> insurance companies are dependent upon his young millennialist to pay the premiums which basically pay for the folks with pre-existing conditions. if insurance companies to get their money, they will have to raise their premiums for everyone else or get a bailout. again, this is a luminary reported. they said it was a snapshot. as i recall is that the early returns are not looking good. >> we should stressed that those who do various things, is such a bad snapshot that it doesn't even include all of the states that are similarly saying that the numbers are much higher than the 90% participation in this
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and this is what they are getting from insurance companies. when i asked them to provide this number, some data to back it up, of course they don't do that. but i am also disturbed by a separate issue that 1% have actually overpaid and this wouldn't be a big shot. although these are the ones in the most dire straits because they are signing up for it. but every single group is pretty much the same story. were we going here? >> well, first i think it suggest that somebody has a credibility problem. no doubt about it. but if this is true, it shows that we have incompetence on the part of the administration and secondly we get back to the credibility gap. so why does everyone come in? and? we have half the insurance companies represented here. but there's a huge example and a
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disastrous report and i think you have competence and credibility bought into this as well. >> this comes at the same time that we learn that health care spending was up 9.9% in the first quarter. so if we deal with those who didn't have coverage before, it was all going to be worth it because alth care spending was going to be driven down. and this flies in the face of that. >> not to mention where is my $2500 for savings per family. it's all backfiring. i'm not saving money, costs are going up. it just seems so all these people like us. i don't know why it doesn't seem obvious to them and i bet they will run for the hills come election time and say that i know nothing. >> i will get to a little bit about later. but what are we to make of that
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now? i would think that an administration had this news, that being said, without providing corroborating statistics of its own. >> you are right. be critical of the figure. and there are even more questions we should be asking about the quality of these health insurance plans. some have taken to calling it medicaid plus. because reimbursement rates for doctors or lawyers or people who are trying to access this area to i think watching these plans and how they work or do not work out is going to be the story of 2014. so where will will those people find themselves. >> they're going to get sticker shock when they do realize that they need these plans that they signed up for. they have high deductibles and all of a sudden that will make your life a lot trickier.
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>> they will have fewer options as far as hospitals. we are starting to see that. health care is starting to pick up for the first time. and the cost started coming down. 82% of that coming down, was because of the recession. and now you see obamacare implemented and there's a new part of obamacare. we are paying for this through tax increases. you are starting to see helped her pick up for the first time. >> so how does the rest of us work out? some are saying it's too late to rip it out. >> is quickly have to say is they have access and lots not throw it out. so the republicans have a real deal on their hands a handsome i think they ought to argue the case that this is really an unmitigated situation on the way
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through november. i think it will be very costly to the president and the administration in november. neil: thank you so much. we appreciate you making the basic points. take it from someone who deals with this stuff every day. i would love to remove lifetime caps. only covered this when i was being debated, if it sounds too good to be true, if you don't think there will be a cost associated with it, i have what you're seeing right now. and the whole health care thing has prompted democrats to do a little bit of repositioning. something nancy pelosi did today. it has such a
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[silence] for those dealing with the struggles of caring for a loved one, we hear you. visit aarp.org/caregiving for advice and support. >> we want to package a budget that is about growth. and i think if there's anything that the election will be about, there will be a comparison of the priorities versus the democratic and republican budget. >> are so much to go with here. no offense to the former
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speaker. the democrats talking about budget thing they never submitted it on their own, that is like me offer you advice. the second is the budget priorities that she pointed out here. at least paul ryan, whether you buy this or not, he is attempting to rein in the increase in entitlement spending and yet they equate him with this. that was the lead individual being shoved off the cliff. but this is a timid and nothing but a pair of it. >> she has botox on the brain. she is no idea what the american people are going to be talking about. >> we knew that they were going to dodge that alleged.
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and i don't know, that is just me. >> one of the things is that there democratic strategist the they don't mention the word recovery. because apparently that royals a lot of folks and now they are not mentioning health care because that also royals a lot of folks. and so i don't know if that is much to hang with. >> americans pay attention to the budget. they understand that washington has a spending problem. and so we will see some contrast in the two parties when they do present budget plans. and americans are looking for fiscal responsibility and someone in washington to make a damned for the future generations. if we continue to spend like we are spending now, we are being irresponsible and wasting opportunities that our kids and grandkids could have.
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>> maybe 26.5%, all of a sudden it is a draconian, i'm going to kill all your grand parents strategy. and i'm not sure if that red is yours but maybe this holes well. three i don't think it registers at all. these guys are running against their former incumbents. george bush, now they are running against basically themselves and they don't want to change. they've had this for six years until we are talking about the future again because they consistently. neil: the argument already is even if you try to curb the growth in federal spending, you
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will be dealt a fight. nancy pelosi says he won't be getting out from. so she's been clear that that is not a goal. >> that has been the message all along. keep spending more money. someone should buy them all the calculator because it doesn't add up at the end of the day. >> but makes no sense. it doesn't add up. that is not what people want to hear. although the shame on everyone for keeping voting people back in. >> the bottom line is that it's going to be republicans need to man up. saying that we think that this tougher love, that you just can't keep spending out of control, that has to stop. so what do you think? >> you definitely cannot spend out of an economic slowdown, but you can grow your way out of it.
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it's ironic that she mentioned an economic policy of growth. we understand the economic growth correctly and that is one job creators have the confidence that they need and the regulatory parts of the need to create more opportunities for americans. i believe that an economic policy of growth is the right direction. but i don't think that nancy's record supports one of growth. >> i bet a lot of you know who to cope others are. very rich conservative guys that are always vilified area here you read saying they are the reason why you won't see a hike in the minimum wage. here's another thing. i never hear anything about big liberal billionaires. whatever they do is fine. but a g
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neil: is it me, or is there a double standard when it comes to local brothers claim that they are the embodiment of the evil, everything that. but did you know that there is a shareholder activist and continues to point out that the company was giving money to the clinton foundation for helping out tillery clinton. it just doesn't look very good. so why is that? to the guy that is creating this, he is a shareholder. he was raising these questions with no less than the ceo of boeing. it's very good to have you.
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what you are saying is that the company had over the years given to the clinton initiative and foundation. he kicked in some dollars for the american civilian of the chinese world fair. but the might have been equipped pro-poe. but the ceo said the word is the stand. you just want to know what is going on? >> yes. as a personal shareholder in the national center for public policy research that we've been asking ceos to own up to some of the things, we are worried that boeing has committed fraud because they gave a donation to the foundation that is run by the spouse of a public official, in this case hillary clinton. right about the same time she was helping them get almost $4 billion with the russian state airline. neil: nothing wrong with being a selfish shareholder, has a sure
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holder i can date touché, it helps me, mice.went up. the other set david, be quiet. >> is a shareholder you need to be concerned. because this is a vague law. the dc circuit court of appeals called it subtle. when means you don't know where the line as. neil: if it benefited the coin those shareholders are in the room with you, what do you think? >> if it benefits them, we need to realize and think beyond being a shareholder. where is the parsec? is this the way business is done in america? what about the little guys? does everyone have to have this? we don't have any proof and there's no smoking gun that there was this. but in the case of this, there has been more than enough
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circumstantial evidence to start an investigation. >> the head of boeing had said that the allegations went beyond and there is no such with the quote. >> that is what we are asking. they did not get to the kernel of the question as to why did you go to the clinton foundation. >> i understand what you're saying. but isn't that where they were handling it? >> absolutely. they have given money to the red cross. but why would you give to a foundation that is run by the spouse of the date was helping you get a contract when she's over in russia. and they came within months of the contract being settled. that's the thing that investigations look for and can figure out to start the
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investigation. that is what we are concerned about. we saw the article in "the washington post." but she did look beyond the services fraud. so we asked that at the shareholder meeting. he dodged the question. he's that it was legal. he said it was in the spirit of the letter of the law but he didn't say why he chose it and how. because there is a dc lobbyist in prison right now for doing a lot less, it would seem, in making this gift to the foundation run by the spouse of the secretary us date. neil: it is always good to have you. thank you so much. keeping track of this, here's the thing that is really weird about it. congress is now getting itself
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involved. i have raised this point and i want to raise it again. why don't you guys focus on that? after this
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neil: you know, when i heard that some democrats were asserting the elves into this whole story and saying that the nba should get tougher and that $2.5 million is not enough, i'm thinking this is what you guys have added to the debt every minute. it was enough to make me vomit. but that was just me. your response is overwhelming. twitter is tweeting the following. this goes to all politicians and not just democrats. and they said they are always looking for distractions from the more important issues at
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hand. and finally kirk. they need to focus on economic policy failures. what do you think of this? >> i agree with you. these guys weren't investigating this one the housing crisis was exploding all around them. this is absolutely insane. he made a definitive judgment and made this very quick. this is a huge landmark decision that this guy made for them to actually get involved in this, i would love for them to do an energy plan that these guys cannot seem to agree upon. and that was the maximum amount allowed. >> that is what they blow every minute. it's just insane. >> they think that they control everything, including baseball.
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synchronized swimming will be controlled. i mean, i think they are crazy and they must know that they can fix what they should be fixing. >> whether this whole thing, the oil executives or that health care executives early on, anyway to take this away from the issues at hand. not all that different from what we're talking about earlier, saying that let's focus on the republican budget, not on health care or this recovery. i mean, it is deflection. >> congress and the entire federal government would do a better job at the fundamentals of their role in government if they would focus on just their role as defined by the constitution. not only is it commenting on news stories, but trying to legislate into areas where state
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should be in control. the federal government would be much more efficient, if i could apply that added up to anything, but off focusing on the basics of what is required to do for the people and the constitution. neil: why do we not hold them accountable to that? on the issues that are most pressing, they don't do it. >> no, they don't. and they just don't think they can do anything. so look at the core commission. throughout our history anytime politicians have trouble, they want to go after someone with a lower approval rating than them. because they can't get anything done and i think the american people realize that and they are throwing up their arms and saying that we just don't care anymore. >> and we wonder why we lose our status of supreme economic power on the planet.
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>> imagine them watching this going forward. that's good for foreign policy. >> that is a very good point. when we come back, speaking about russia. they want to lay the claim to the arctic. not since yukon cornelius. work with me. but it's getting bad.
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neil: o'reilly, this tit for tat gets worse and worse as the russians now lay claim with 100,000 troops along the ukrainian border. now they have extended their interest to the arctic. some are trying to put a stop to that. so all of this comes as the russians are saying the tougher you get with us some of the
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tougher we can get with you. and i don't know what is russian for tony soprano, but this is vladimir putin's deputy prime minister. he talks about this. [inaudible] so did you not like this? [laughter] in other words, good luck getting your astronauts up there and they are getting copied. >> they really are. and of course, we have not helped the vision. all we can do is come up with reasons, certainly n or other intelligence that can help them to better fight the insurgents and the secret
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servicepeople. >> when you think about it, they are in the neighborhood. and they are afraid of rattling people in the neighborhood that helps someone energy that they don't want to be denied. >> yes, they really are. and nato has invested in its own defense. and they all have violated two of the nations. the 2% threshold that they must meet. so what we do. and we use a lot of talk words. >> so what is this latest battle of the arctic?
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and who has dibs on that. >> we have a lot of arctic landscapes and a portion of the arctic portion that's not claim anyone. if you have something between 13 and 22% of the undiscovered or at that our u.s. energy department to believe as they are, and of course come about dirt of all the world's natural gas, not to mention the way the earth metals are being handled. the russians have a big piece of landscape north of their border on the northeast passage. and now that it is melting, and
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you have a 40% less icecap in the summer, you have all sorts of transit and there are a host of things going on. >> some have the name who are pushing for an arctic ambassador. maybe the ambassador will do something. because we won't have enough of those. >> i think about is what you go to. >> and then it would be really cool. >> what do you make of this to you are a pretty big guy. and how do you respond to that?
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is obviously the other guy seems to think that our guide in a game of playing risk is a was. >> yes. we secure the world's shipping lanes. and this is a lot of money. the colonel was saying 30% of the world untapped natural gas, 15% of the world's natural oil is up there. shipping lanes are open and all of that is a bonanza for somebody. and i think that we will.
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>> we could have some of this at home, including energy policy, and looting what is right here under the u.s. soil and what can we do with the keystone pipeline, for example. >> we would like to seize on that. neil: you know what's going on with medicare and health care. what effect will choose to do once? that is the next grenade to explode. when someone is close to ripping off the
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>> they call that that trillion dollar timebomb. i'm talking about student, there's a lot of it out there and a lot of kids are not able to pay it. the best line about is how many are signing up for the federal loan forgiveness programs. a way for them to dodge this. some for hardship reasons, others not so much. but the bottom line is that signing up for these of program surged 40% in the second half of 2014. a 24% between january and march of this year, to put in perspective 1.3 million kids have signed up for these programs come up representing more than $5.3 billion worth of student debt. you get the picture. not a pretty picture. >> i'm going to sign up for that as well. like free lunch.
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the tuition will come down proptionely. >>he me th prode tse prramsome th oew el emboldened. >> it's a little dirty account and bringing it up to this. >> my heart goes out to a lot of my friends and those that have tons of student debt. the very serious problem is loan forgiveness programs that prevent other issues. not only is it going to cost the taxpayers, but it discourages l. and so what if one doesn't go by for a long forget program. the data you're debt-free after you just paid out tens of thousands of dollars. neil: you know what happens as well. i think there was one, and tracy
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you can correct me. he went three months without making a mortgage payment, you qualify. and so they said you are not going to pay for three months. so to the point of hadley, thing just encase i will line up and also in no rush to pay back my loan, i know there is a way out of your and this create the underlying issue here. health care, we get insurance reform. we are arguing over who pays and not what is wrong with the system. it's complicit, in my opinion. and that is what is driving us up the wall. the colleges are making a fortune sticking all of the dead on the students that come through there and something needs to be done with a broken system and not just loan forgiveness. >> what we are providing is another means to make things go
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up the. >> i think it's going to backfire. by the time my little one is ready to go, there might be case against not going to college. because there are going to be other reasons and other things. maybe shakespeare is going to die with me. i think i'm the only english major left on the planet. and otherwise. neil: there are other people that have their hands out. right in the middle of this, and then everyone was saying it is a bad and dangerous trend in a
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very slippery slope. but i can't blame young people today and everyone in between i'm thinking why should i take responsibility when the government will cover me that even the government doesn't take responsibility. >> i agree. all ages across the generations, young americans are dealing with a lot of college debt and the number one thing we can do to help them is economic growth so they can find a job. >> there is this other annoying issue with where this tends to lead us. and in the meantime we get this bigger debt situation. there are conservatives that step back and say, you know, you're heartless because you are not helping out college kids or
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for putting more money in infrastructure when you dare question. tell me what you've done with it. and in other words, you always painted as the evil person because you are saying to go slow. >> has come at the answer is give them a subsidy. i guess there's a subsidy tree somewhere in washington the because it's not free. it's estimated that the average american will pay an extra $6000 in taxes to cover obamacare and pick up the slack. a signed contract doesn't seem to mean anything anymore. when you say you sign a contract, there's predatory lending. deal with it. and then you find that you signed this contract and we're going to bail you out, i just don't think that is good for society. >> for some it is a four year keg party. >> absolutely. really... so our business can be on at&t's network
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neil: i hear that in my sleep. what is the deal with china, denise, you said it, america, stick a fork in it. >> i didn't quite say that, i did say if we don't change our ways fast. then stick a fork in it, i am hopeful, taylor thinks he knows, a problem addressing our problems. we get distracted on a congress bubutting in on problem it shoud not like this whole do donald sterling gong show. i agree. incredible. neil, you said it, you need an i.d. to board a plane as proof
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of age even for food stamps whyt fundamental right. what could be the excuse? none. >> john e-mailed, you left out the naacp, and democratic party that require photo i.d.s to attend their meetings, very good points. voting is not a right, it is a privilege, like driving or food stamps, can be easily regulateed and denied to individuals not deserving. >> right, cameron, do you know the whole voter i.d. thing is racist and employed by republicans to make sure minorities don't vote, really? are you really saying that? why am i a bigot when i just say you have to prove who you say you are when you vote.
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in 2000 a lot of suspicious republicans were voting in inordnant numbers in palm beach, florida? they required i.d.s then. did it seem racist then? our segment on why the young are so restless, the bloom off of the obama rose, many of sick of the government, eric rights, they voted him in, now they all live with mom and dad, and with tens of thousands in school debt hope they learn. austin said they voted for him, have no one else but themselves to blame for falling for his phony promises and misleading agenda, nancy rights, the american dream is
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disintegrating. can we come back? we stop teaching our young people to be americans, to do that we have to teach them what it means to be an america it starts with parents, schools, then the government. i agree with you. mike in california, what is the deal, neil, as you sink into o'reilly swamp of stupidty. the millenials are the most un/mis-educated generation in over a century. you know we were all young, and doing crazy things, but we all grow up and turn into be fairly competent adults, most of us, don't be so hard on these kids today, i think they will turn out just fine. hard to trust a president who appears to be in office for his
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own benefit, not the people who elected him. why should we trust president obama, he lies and -- to get his own way, my 12-year-old acts more grown up, nile, you are a handsome man but you have got to lose a lot of weight, you are a rude man, stop tweeting me. put your clothes on neil, you are hard enough to look at anyway without your pixel showing, all right go ahead and switch the panel to oh, realez, he looks -- o'reilly, he looks worse even with or without pixels. you act like an old lady, neil, funny, you sound like an old fart, sad. >> this from the b-man, i think you are a hero, and b-man you are a genius.
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but mike, i think you are most self absorbed pompous dim wit on tv, you interrupt people, say stupid stuff, and blurt out inappropriate comments, that leave your guests and folks as home wingsing, i think this guy is a total joke. i'm coming to your house to take your tv away. i'm coming with charlie gasparino, two italians, we're going to knock on your door, tv now, all right he is gone, paul from sacramento, you are an edyeah, the, paul, you are a bigger idiot. >> solicit i >> and please top reading the hate e-mails they are not interesting, there is no social redeeming value it is a waste of time, this is when i change channels, wait a minute, your
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hate mail against hate mail is hate mail! you are feeding the beast. that is -- that is weird. anyway, see you ♪ ♪ know. >> i am banning mr. sterling for life. >> the ceo, brendan eich, has been forced to resign. vilified for his work. what is okay to say? the airwaves are filled with fluster and defeat. >> the hash tag cancel koger is trending.

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