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

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anybody else and it should be the responsibility of regulators to even the playing field. that's my "two cents more" and that's it for tonight "willis report." have a great night. single mobile. ♪ no. neil: hello, we have obamacare u about. neil: all of our front and center focused tonight. here to do that onerous, we have tucker carlson. we were just calling him brilliant earlier. so i want to bring my panelists here as well. we have lauren and todd and jesse james. all right. so the latest that we are getting, oregon is ditching the
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state exchange to join a federal exchange. the fbi is looking into it and maryland is eager to get more money to get the exchange going the obamacare folks are saying or not sure you're good for it. and massachusetts, the way the media is portraying it, romney care has problems, not obamacare. but nonetheless, that's what we're hearing. >> this is all of them looking for money from the feds and they're all going to get it. i would say of the three the most amazing would be the fbi never confronted in this case. but there has been $130 million spent on their website since march. they have signed up on it to go person. and not one human being could.
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>> there is a line that crosses from incompetence to criminal behavior and that is what we are looking at. it really does have to go back. it's hard for us remember the whole point of obamacare was to help a relatively small percentage of americans who are persistently uninsured. neil: so what does this mean? i notice that nevada is having problems, georgia is having problems areas alabama, i could go on and on. >> i look at the four states that are spoken about a lot. millen, minnesota, oregon, the blueprint for obamacare. they are all in trouble, having huge problems with the exchanges. any going through the federal exchanges and all of them have democratic governors. and so i think that the political invocations might be for the blue states. >> the one thing that struck me
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earlier is not at all the media coverage at in massachusetts you would think it would be a romney care debacle. then it was the fault of mitt romney providing this for 97% of the state that got torpedoed here. and that prompted a lot of chest thumping and clarification on the part of the key advisor to the presidential candidate. but what we have seen is a broken one. what do you think of that? >> massachusetts is stuck with two choices. spend more money on a program that has had limited success or transfer everyone over to federal exchange. so this is like trying to the type committed a double with a short red dress on or the double with a low-cut blue dress.
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and this is part of the making bad decisions. >> this is what i worry about. especially in the case of massachusetts. i find it interesting that the press has gone on to romney care. but the big ones. i found it interesting that it's not on the presidents, but those that want to be president. >> i think you'll have a lot of finger went in. a lot of things going on, we shouldn't be surprised by any of this. the weight of this was put together, it was a together the right way. and you have to start looking at the regulatory environment. you will have a lot of people looking at fraud or criminal activity in and the bottom line is that it may not matter because that headline story about how many people have signed up, that is what the white house is going to focus on, especially going into the midterm elections. the democrats that are still
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there. >> these 8 million figures, they are way off. >> we don't know. or we could not tomorrow. the white house has access to the data but hasn't released them because they are embarrassed. >> they're always very sedated. >> we focused on that number, that is what we will focus on. main street america, middle america and they will do that headline number and that's the key one that we need to focus on. smack the overall number? >> every time president obama goes out to the rose garden to talk about how many people signed up, whether they be order not, that is something that we know is a relevant point, we look at the business part of it. >> it is a headline and you have seen it, they don't go beyond that a lot of times. >> that's correct, because it is not verifiable.
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we extrapolate from that end we know there's a relatively large percentage of those that have been paid. so this is a triumph of public relations. >> you have two governors. >> martin o'malley and maryland, others have been mentioned as presidential contenders. >> it's very tough for those guys. >> the president said yes, what do you think of >> when you do a deadline that is so black and white and were talking about getting this website up and running, no i.t. company out there makes a deadline that is crazy like
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this. sumac oracle is in trouble. absolutely. >> so where does this go? what does this mean? >> we are going to see more problems. >> it looks like we have started our growth here. all components running all of this and they're taking the money from the federal government. and they put 100,090 people on medicaid at a cost of 10 million per month. so they then had to do paper applications because the 50 million-dollar website to get people registered. this is a paper application and we are talking 1914, not 2014. >> the argument is that even these pickups have substantial delays and will be a distant memory.
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>> it's really complicated. >> we are going to wind up changing the eligibility for medicare and medicaid, that will be the ocean. >> so a good guy versus a bad guy. when her headphones manager gives us cause like climate change, you are a rockstar, a big rock star. and then your money is just golden. the hypocrisy alert coming up next. shipping and manufacturing. across the united states, bp supports more than a quarter million jobs. when we set up operation in one part of the country,
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people in other parts go to work. that's not a coincidence. it's one more part of our commitment to america. tigers, both of you. tigers? don't be modest. i see how you've been investing. setting long term goals. diversifying. dip! you got our attention. we did? of course. you're type e* well, i have been researching retirement strategies. well that's what type e*s do. welcome home. taking control of your retirement? e*trade gives you the tools and resources to get it right. are you type e*? i quit smoking with chantix. before chantix, i tried to quit... probably about five times. it was different than the other times i tried to quit. along with support, chantix (varenicline) is proven to help people quit smoking. it's a non-nicotine pill. chantix reduced my urge to smoke. that helped me quit smoking. some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood
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so you're more comfortable and confident while you eat. so it's not about keeping my dentures in, it's about keeping the food particles out. [ charlie ] try zinc free super poligrip. >> they will find various ways in the house to try to stop us from using the authority we have under the clean air act. and those have 0% chance of working. >> all right, first the keystone delay than the presidents climate push today the republicans, try as they might, there's no stopping them and to make sure that there is no stopping them, a hedge fund
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billionaire gives away $100 million as part of the big dividends. so he is a rockstar and angel. the go brothers don't even get me started. where is all this going? we have michelle fields joining our all-star panel as well. and this guy has had a very big role in only stagnating it, but rallying the climate change for the troops. >> yes, there's an entire push. and it has everything to do with those that pledge to give $100 million to democratic candidates in order to help prevent them from having a really embarrassing upset this november. it's not about the interest of the american people. if you look at the polls, many show us that americans don't view climate change is a priority and a wall street journal poll found 27% of americans viewed as a priority.
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so it's all about politics. >> are they saying that it should be a priority because they say that there is smoke and so coming from these new coal-fired plants in something that has to be addressed for their own good? >> let me share a statistic with you. i think everyone will appreciate that. >> the epa says 18.7 million tons of carbon per year are released into the environment. however we are really concerned about these pipelines. >> and i realize i'll. >> okay, it doesn't go with me. so the bottom line is, and michelle touched on it at the top, it is what it is and republican can try all they want to solve this.
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but what these climate change regulations are doing, they feel that the president is in golden, melting this and the rest, saying that he has to act quickly and he will. he will share the urgency of doing something quickly in the media will go along. >> a global alarm, we are padding the pockets of various industries. many have gone bankrupt under this administration. the amount of money as well that has been invested to them. they have been cleared and yet they still can't get it through. the evidence is out. neil: it sort of compounded this by saying that they are all a part of us. >> a lot of times it reminds me
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of this contest. regardless of all of our efforts, anytime we get close to making progress, it seems as it slips looks on the dems and republicans slip away. >> harry reid is a hypocrite. what the go brothers do is not any different. tom is doing something that will help them end in the eyes of harry reid they are completely evil and it makes no sense. >> they are not evil. the reason why americans can't back this is because you're actually talking about a planet that yes, we might be having climate change or global warming, but it's not going to impact us probably for thousands of years and when you start thinking about the emotional aspect of it, if you really want to get these renewable energy companies backing any of us
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stuff, they have to look at the household balance sheet, how much americans pay during this winter and then people will back at. >> that's a very good point. when we come back, talking about money matters. we are told if you have a college degree, you're good for earning an extra $800,000 during your professional life. then why do you need taxpayers bailing you out of your college loans? you should have more than enough money to pay them, right? we will have that next. we've never sold a house before. (agent) i'll walk you guys through every step. there are a lot of buyers for a house like yours. (husband) that's good to know.
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neil: i have always called it the next trillion dollar timebomb. these very programs that can help you stave off paying your bills were not paying them at all. they have been going up in double-digit clips. a lot of kids are just bracing for the possibility that they won't be able to pay these things. but over the course of your professional life, if you have that from college, you are good for earning an extra $800,000. so i would think that that's more than enough to cover whatever loan issues that you're having today. again, that is just me. so what do you make of that? to me, it just seems like i know it's coming here. the administration is setting up another bailout. so a lot of these folks, because of college education, they
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appear to be sitting prettier. >> yes, it's true. the way that they will try to get the young people is to go after the trillion dollar bailout in school loans. and so who is going to get the money? it's going to be the banks. >> so if you have higher interest rate, is there anything wrong with that? >> we still pay for it no matter what the interest rate is.
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neil: the no matter what situation, the more it the institutions will invest. >> why does it cost $100,000 for students to a degree? >> what would you advocate? are we figure we need more people. >> we do. neil: my plumber has people. he's doing very well. but those skills are not really admired and i don't know why. >> they are not. colleges are for everyone to read and an texas where do we go
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with this? and if you look at the other possibilities, technicians without the advanced degrees. smack the first step is to take us out of education and put back into the private markets. texas is looking at this. >> it's unexpected, federal reserve, let's see, it's all coming full circle. education back in the hands of parents of it in into the federal government out and get this control on education and see what happens. we haven't done in such a long time but what we have is debt on top of that and then bailing them out and everyone in the bank. students are saddled with debt that they will never be able to pay back even though it says 20 years down the road.
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i will be paying off my school loans for the rest of my natural life or if it's just simply not good. neil: thank you, it is weird, you're right about that. so the nsa is looking for a few good men and women. so if you are the nsa and you are looking to recruit people, naturally you don't do it in a traditional way. let them show you the screen and how it is late and elaborate code. code. seriously.clients tr ♪ and understand my charts, and spend more time trading. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don't trade like everybody.
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so i can reach ally bank 24/7, but there ar24/7.branches? 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! (cat screech) you feel that in your muscles? i do... drink water. it's a long story. well, not having branches let's us give you great rates and service. i'd like that. a new way to bank. a better way to save. ally bank. your money needs an ally. it. neil: if you are interested in working for a the end as say you have to crack this. they send out this message john twitter is like elaborate code how you get
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on to be interested but among the things that they mentioned just because you are a criminal is no reason to stop you. but you have a few indiscretions in your past don't be alarmed you should not automatically assumed he will not be hired you owe it to yourself to give you a shot is the same job opportunity when i applied at fox. we have former analyst from the nsa to say there is the drawing so much she is starting his own company in his finding is north of 2.5 million. not so bad. cannot even just with the cachet what will your company do? >> him in it is next
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generation fiber security focusing on the earlier stage both the fishing emails that people get or malicious links that they click on the throat the web. neil: so you say i know how they do this i work to there i can help you deal with this? >> i think we have learned from that experience from that type of product to be on the "frontline" definitely conforms with the company and the products but i am wondering those who invest are using the fear
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factor more? that they know the nsa is working we live in a dangerous world so look what putin is up to so there is more need for this expertise? whether we agree or not with their tactics? >> from the technical specific -- perspective with cybersecurity with the seriousness and the aptitude to the problem. neil: when you saw this tweet to to recruit did you know, the code but did you think of that? was that totally smart? >> that is a technique used all across silicon valley ironclad the agency is using it. neil: then what were they trying to do?
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a combination of letters to intent a word? i didn't -- i did not get past the words of -- a the. to those know right away? >> challenges like that appeal to those you like puzzles and that is typical of engineers and mathematicians like silicon valley attracts. just of simple substitution cipher you just substitute one with a letter in the alphabet. neil: this is also like scrabble. good luck you're off to a great start. we will watch closely. neil: they save money cannot buy happiness but i bet may be made whether would quibble with that he likes
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to showcase his money and how much he is making. but can really buy happiness for just a temporary feeling after this. i ys say be thman with the plan
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or irritation where applied, increased red blood cell count, common side effects include skin redness headache, diarrhea, vomiting, and increase in psa. ask your doctor about axiron. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. how much money do you think you'll need when you retire? then we gave each person a ribbon 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,
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if we want to be ready for a longer retirement. ♪ neil: they say that money cannot buy happiness but you can put a down payment on it or try. but a study says it cannot even do that. it depends on your priorities. >> it depends on what you buy. of this stuff it is not linked to happiness but if you are building experiences like a family reunion that is better than the exotic beach alone. >> what if it includes your in-laws? [laughter] >> so when you see the may weather champion who breaks
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down how much money he made in the course of an evening and kept the title. he breaks it down and making money hand over fist and went to the effort to brag. i interviewed him but come on. >> there is no difference between him and somebody flaunting their mercedes are going to the country club to play golf with the most expensive golf clubs. but it gives them the peace of mind that everyone else thinks they're happy it just makes them think that other people think they are happy but the research has been clear that happiness or increases of economics are not coordinated unless it takes from poverty into the
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middle class. so any new increment does not include your mood. neil: so that does not go very far. >> that is the national average. >> money does put a downpayment on happiness. i will steal that from you. $75,000 seems fair. that gets from below were middle-class to the higher middle-class or take vacations you definitely need money to achieve a certain level. but with me whether? do we know? what is that? >> he was just more ostentatious. a lot of these guys mike tyson had a big part but to buy a mercedes a car and
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then he said i have nothing. and he earned $1 billion. what happens? >> that is another subject. that is not happiness but people who were not cultured to have financial intelligence or taught how to manage money but i should say that there is in some social circles that say they must continue to make money it is the only thing that makes you happy. then they try to buy more stuff. it is a slippery slope spec then your friends and family want parts of the new-found riches. of course you work for them but you do something that you love point. neil: is it easy to be
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example retail executive to score the $68 million pay package? not the ceo or cfo just a senior vp and you just for $68 million payday in your the up-and-coming woman? and second, i don't hear washington making a big issue of this lack of parity. both. after this. when folks think about what they get from alaska, they think salmon and energy. but the energy bp produces up here creates something else as well: jobs all over america. engineering and innovation jobs. advanced safety systems & technology. shipping and manufacturing. across the united states, bp supports more than a quarter million jobs. 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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37 apple new senior vice president of retail i think her name is angela comes from burberry $60 million
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pay package. i will bring my a panel back and i am thinking with this package i don't want to hear women winding for lack of equal pay. second, i don't want to to hear washington said wine about when that defies them all in the internet arena. >> they like tim cooking and apple they don't want blackberry. but this executive was that burberry for a few years. she doubled sales and tripled the stock price. that is exactly what apple needs. she has a tough job cut out for her. she will probably do a good job. neil: also with the case of burberry i am showing my
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ignorance but they do ties and scarves then they branched out to cologne? so obviously she is a genius so she could leverage that. does she deserve that pay? >> whenever the company chooses to pay her. washington only attacks those that don't feel politically aligned. if they feel they're not make their allies look good. >> that is a very good point. whether she is a woman or a man there may not be the same reaction. >> or financial-services as well. if that j.p. morgan you hear about this. here is the thing. i believe she is underpaid because of the conditions given to her. she will not get $68 million upfront.
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neil: but more than half is stipulated just for her to stay there not to be the numbers but just breathing. >> it is not up front but over the of course, over the years that she is there. if you paid me $60 million you know, what i would do for this network? you would see me on leashed. [laughter] [laughter] she is very good. >> but this is more your speed what about $15 an hour it would boost the price of real-estate it is up to the hilt but come on. the city council must be economics people. once you start raising minimum wage they don't
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realize there is people who was out of work only because of the goods and services. neil: they love it to. >> economics 101 raise the minimum wage more people are out of work to. >> if the industry wants to pay you what you are worth that is what the industry should do. fiasco me to hire someone to pay them $15 an hour i should hire someone with the high school diploma to give them the opportunity to pay their way through life but now you want me to raise the standard of who i higher now you will cause more people to not to get jobs. >> this pales in comparison to california? twenty-six dollars an hour. >> no wonder why texas is taking all the company's. neil: what are they thinking
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? >> i am fine paying fat per hour if the economy can support it but it cannot deny you change the business environment. neil: i agree. getting anyone in the door with the wage did we talk about raising its because if enough people get in and then we can increase but it is not the time to talk about that. certainly not $26 per hour but i did hear that other anchors here are paid and i am annoyed. [laughter] raking it in over 3.$5 million last year 3 billion just from baggage. i know this is an outrage but what do you think plexus' it is easy money apparently. >> it is great for
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shareholders for i will represent the investors. white delta and southwest they are soaring and if you don't like it then don't fly take the greyhound bus. [laughter] neil: that was far less. >> i am used to whip. we have dealt with it for years. neil: when you book a flight , you love to travel. >> i sit in the middle seat. >> i know what to do. in to get the perks but this is frontier we're not low-cost where cultural low-cost. you get the seat not the seat assignment but what we tell you if you want us certain seat or put the bag over heady will pay -- you will pay. neil: i them old-fashioned to say we have the
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old-fashioned rate to make a comparison but we can? >> you make a very naive decision because people get to make decisions with their wallets. if you tell what to pay for baggage fees then pick that airline like southwest. neil: but then don't charge of something else that is higher. >> no. absolutely not. i travel quite a bit. many are starting affairs at the same price as southwest and a half to pay a fee for a bag. i also don't check the bank if you go away four days you don't need to suitcases' ladies. [laughter] her. >> higher oil prices he will see air fare start to creep up after the summer. everybody has yet to experience the higher air fares we will see by the time we get to labor day.
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neil: my friend sean handy said there are options. [laughter] i thought it was funny. what is a bit cowardly lion said? courage? then why did the genuine war hero get the award for courage? so much he deserves that recognition for. when he got a four is not its. after this. one.
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>> what's the deal neil. neil: i hear that in my sleep, what is deal with democrats not wanting to do anything with the benghazi mess. marie, of course, they don't want to get to the bottom of this mess it would make them look bad. >> amazing you act like this president has been hiding something, he said many times it
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was an act of terror and he feels awful, i guess you want him to feel more awful, no, i just want him to be more forth coming. then you don't remember very well, colin, maybe this. will refresh it. >> the beast can't be killed, this less cue package is -- rescue package is monstrous. >> we have committed money to. >> we have to commit more this economy is -- >> ridiculous. ridiculous. >> that was in the middle of a meltdown. tee the next critic up. i just think you are a cheap sob who would not give a dime to anybody, you are close.
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is there any cause you think is good for the government? yes, committing itself to get the heck out of our lives, start there, end there. no offense to first president bush but giving him a jfk award, why is it courageous to raise taxes, never courage aus to lower them. george bush was and it is a tremendous man. but not for this. if i were bush, and the kennedy folks called up to say we got this award for you, i would say, no, not going to do it. two presidential impressions in one basic cable free. tony on facebook. what? rewarded for tax hikes, absurd idea. >> it is interesting to me running his library would do this. i said the same yesterday,
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craig, you are embarrasing comments, demonstrates how little you understand about true courage, his decision to raise taxes is main reason clinton was able to balance the think about. -- budget. i never said that mr. bush's intentions were not noble, i said that other side did not hold up its end of the bargain and cut spending they increased spending they sucker punched president bush, we agree he was and is a brave courageous man but even bush himself later admitted he made a big mistake, take it from the source. not from me, tom, just 15 minutes before you brought out the profile and courage award, i discussed this with my 88-year-old mothers. good luck, you better quote me often, older people ♪ love me
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there that is rich, you talk about courage from looks of you, you don't know the meaning word, you problem get jealous when someone else is citeed for something your own trivial life experiences will never qualify you to understand, adversity. oh, yeah! how about dealing with a major illness, here we go against with the fat thing, live my life for just one day. are you saying fat chance because you suspect i'm too fat to find my backbone or a don't have a backbone. could you please clarify. i can find my backbone it is right -- back there. anyway. washington state, brilliant comment, that is the cavuto that can affect changes for the better. at least the better, thank you.
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>> todd, how about an award for telling the truth. oops i forgot thi this is govert of the usa we're talking about. i would like to give them something, i would not call it a reward, a swift kick in their back side might work, talk about a pain in the 8 of road -- a pain of an asteroid, one the size of a bus, no one saw it coming, jessy, all of this greatest scientists cannot find a missing 747 with the population of a small town onboard, how do you expect them to spot all big rocks that our god is hurling at us. >> a good points. still got room in that rocket you are building?
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maybe, i have speeded up production just in case. would you run for president, come on cavuto, we need you. if i had a dime for everyone that asked me to do that, i'd have several dimes. i have the rocket thing, i got the read the prompter thing, a lot of dinners out. i got a bunch of things going on. so my job here is note yet done -- not yet done, in time, in the meantime, the nightly entertainment on providing basic cable, when it involves my lefty wingman rick unger. cavuto and rick unger could replace carson and mcmahon, very entertaining, who is carson who is mcmahon? i like that. as if i were anyway mcmahon, then the weight thing, i don't need that. for me or -- i don't want that, i know where you are, i know
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where you live. so does charlie gasparino, just saying. cavuto, charlie gasparino we know where you live, limo comes in the middle of the night, it is going to be an interesting night, see you tomorrow. lou: good evening, the white house today pressures chief economexecutive officers of somf the country largest cop rang to corporation to stay away from an international economic forum hosted by vladimir putin in russia later this month, valerie jared, treasury secretary jack lew, commerce secretary penny among top obama administration officials leading charge to dissuade the ceos. they trying to persuade giants alcoa, goldman sachs, pepsi, morgan stanley, conn

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