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tv   Cavuto on Business  FOX Business  June 22, 2014 1:30am-2:01am EDT

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fries and never gained an ounce, what about you gary k? >> i don't want to buy at m m mt highs when the trading is market lows. >> okay. neil is next. rushing to send the troops over there, but where is the rush to take care of them right back here? hi, everyone. welcome to neil cavuto, and with more than 300 troops headed now to iraq, and washington still has the head in the sand when it comes to cleaning up the v.a. back here. still no fix or decision or plan. still the lawmakers with no clue. ben stein will be back next week. what do you think of the developments this week? >> well, the administration has stakes too high with the pledge
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of no boots on the ground and the stakes are too high with the v.a. thing to be morphing into something that is ultimate ly te save your is the private sector. let it linger on and forget about the, you know, to get ing the regular doctors and hospitals involved. if you can somehow get the public to believe that there is no solution for the government-run system, this is going to blow everything out of the water. >> i wonder what the soldiers converging on baghdad think about how the veterans are treated back here as they do. you know, dee? >> well, they absolutely have to worry about it, and the entire nation should worry about it, but i am worrying about rushing through a fix for the v.a. and here is why. think about how congress often acts with urgency to treat the sky is falling problems like t.a.r.p. for example, the bank bailout, and they don't look at it as it turns out to be a costly morass, and this is pointed out in the "wall street journal" that this fix that is going to conference in front of congress, it could add an
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additional $50 billion every year to the v.a.'s budget which would almost double what we are spending right now. we have to, you know, we have to be careful a about what we protrude just for the political cove cover. >> and so the money has never been the issue with the v.a., it is how we spend it, and the second point of the $180 billion-plus budget and throwing out another $50 billion does not solve the problem, until we get to the bottom of it. >> most americans would not mind spending good money to get it fixed, because we cherish the people who go overseas, and a crime to go over to put themselves in harm ha's way and come back to get crummy care, but i disagree with the premise, because we did not rush over there, and this is part of the problem, because the administration that let that place blow up and not just over there in iraq, but it is the isis group who wants to establish a caliphate from syria to iraq. and the same administration that allowed that to happen right
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under their nose, this caliphate in a sensitive part of the world, you can't trust them to fix the v.a., and these are the e keystone cops. it is almost no way to describe them other than they are really stupid when it comes to this stuff. >> adam? >> well, i don't think that they are being stupid, but it is prudent to send a small force over there to protect the embassy workers, and we have howled that it did not happen in benghazi the way it should have, and that is prudent. i agree that we don't want to fix the v.a. quickly and it is a decades' long problem, and it is going to require a substantial fix, charles, that does not mean closing down the v.a. and turning it over to the private care. i think that where you and i will agree, we should utilize the market and use some of the people. >> and what gives you any confidence that a administration where what happened in iraq
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occ occurred right under their nose? i mean, this is really bad, really bad stuff going on there. >> and charlie, charlie -- >> and it blew up there in the country, and -- >> no, it is not. half of the country right now is taken over by terrorists right under the nose of the administration, and what gives you the confidence that th administration can handle it? >> well, not to mention the administration before it. >> and well, you are arguing about being in the war or not, but once we were there, and this administration under their nose, there is a caliphate in iran and iraq and what makes you believe if they cannot handle that, you have the v.a. >> well, you pick and choose the villains. >> well, what we are talking about -- >> no, what i i am talking about where we are right now and how it says how we are going to be treating the soldiers now and veterans now, and your argument is that we are doing a poor job of both. >> and not only that, but i hear, let's wait, let's wait and what about the vets who needed
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the operation six months ago, and tell the people, to go on to have three or four or five committees and dage snshgs is right that we rushed to give the banks a trillion, and we rushed to do that and now baby steps here. >> well, dagan, and they have thrown good money after bad here, but two key aspects of the legislation, twin legislation intrigued me. the idea for the vouchers and get care elsewhere. >> right. >> and that you can fire people, maybe not as easily in the senate measure or the house measure, but that is the stuff i want them to move quickly on, and they are not. >> and the major cost of this would be in the ability to seek private care in part, but also does the v.a. have a way of administering that? they don't even know -- >> maybe they are overwhelmed. >> well, they are screwed up. >> and the instinct of politicians to throw money at something and do it quickly and not follow through on the details.
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>> and it is like infrastructure, and we think that we are not sending enough money, when we are sending a lot of money. >> and little more than half of the veterans eligible for the v.a. are ell jiigible for the v system. >> would you shut down the v.a.? would you start over? >> well, they you need to. >> i think that -- >> ell with, you have a lot of people discombobulated in the other room. >> well, i have spoken to do doctors about this and institutionally this place is a screwed up place. >> adam, what do you think, shut it down, and your argument is then what? right? >> no, it is too big and important and critical to the veterans to shut it down. >> well, i think that is not true. >> and i think that the president should act, and our president is the big fan of the executive orders and so he should issue an executive order on some of the things that you mentioned, neil, and he should allow the vouchers to be used, a and he should allow incompetent
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doctors or administrators -- >> well, that is one executive order i would like to see sh, b we won't. >> and if ever calling for a simpson/bowles study, this is it. >> oh, i don't have a lot of time here. a lot of the soldiers and the veterans are killing themselves at the rate of 20 per day. we don't have time. >> and what do you do just throw the money -- >> well, you said shut down the v.a. >> well, you have to institut n institutionally change it. >> well, no, you said have a study and then shut it down. >> well, be clear not to give them big macs. >> i want more private health care and the ability to fire and i want accountability and less centralized. and you have 10,000 or 11,000 people centralized to make decisions for the different regions, but there are certain things to do quickly and certain things long run to make sure that the millions of veterans are treated the way they deserve to be treated. >> i like the idea of the
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executive order and i'm not a fan of them, but at least one that is helpful for the veteran. the president signed a executive o order to fire federal workers, so that is not a good idea. >> and two fox news alerts, and adam mentioned it -- >> well, by the way, something else that is radical that i think that you will like. i don't think that it is the worst thing in the world to do away with the v.a. if we replaced it with something better, but you have to sunset it over a long peep period of time, but to at least know that what you are dealing with. >> if you talk to enough doctors, they will tell you that the institution is the problem, and the problem, too, is the administration who did not know that a caliphate was being established. >> if you talk to the v.a. and there are some -- >> well, they are competent. >> and some veterans and some do doctors are happy with the care they get in the v.a. system. >> and some people like obamacare. >> good point.
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>> and well said. >> and adam, since you are thinking outside of the box, get rid of the department of education and a few others, right? >> one step at a time. we are bringing charles from the dark side. and so when we come back, light the coals, because this coal boss is fired up in a fox business giving the white house the business for not only going after his business, but he is going after all of us. >> this is a very dangerous situation. i don't believe that the average american whose electric rates american whose electric rates are al
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now to "cavuto on business." you have been a very vocal critic of the president. you are a big cheese in this industry, but there are others, assuming some of the colleagues who have expressed similar reservations about the president, and this is his tit-for-tat. >> it is his way to reward his friends and hurt those who are perceived to be outspoken against him. >> if you and your buddies had shut your mouths this may have come to pass? >> well, it may have. it may have, but i can't speculate that, but i know this, sir, i have spent 58 years working in the electric utility and coal industries and i'm scared to death for our country as a man who grew up poor for people on fixed incomes and
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people on the retirees and the poverty-stricken and people who manufacture a product. what he is doing is destroying the most reliable lowest cost power grid that the world has ever seen. >> that was part of it. hell hath no fury like a ceo scorn scorned. and he is letting the white house have it on regulations that robert murray believes is going to affect him. dagan, what do you think about it? >> well, if the white house would be honest with the american people, he they would say, we are going to push through the regulations and 40% of the electricity comes from the coal-fired power plants, and we are going to shut down many of the plants and your energy costs are going to go up. they have been going up, and double-digit increases in some of the recent years in some states and adjusting for
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inflation. that is incredibly e regressive tax that hits middle income americans and the people who cannot afford them at all. and if they were being up front with the american people, that is what you would be hearing. >> and charlie, without being a cynic, you have to wonder if she had a solar division, this might not have happened. >> of course. this is part of the pat terp of this administration. they don't know that a caliphate is being established in iraq. >> you just like that word caliphate. >> well, they don't know that the v.a. hospital s as are in a mess, and anything that is going on and they don't know that the environmental policies, which is what this is, and the -- think about this, adam. they don't know that the people's e leks are the ti bills are going to skyrocket. that is what the president did not know. >> and he said he did. >> candidate obama said that the electricity bills would necessarily have to go higher. >> he does not say how much. >> well, you are giving him too
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much credit. >> what, 30% or smog? -- 30% or something? >> no, in germany, there are 80,000 homes that cannot afford the electric bill, and they are ahead of us, and the only thing saving america is the fracking and the natural gas and the ceo is right, we are headed to the place where the average american is going to be crushed economically and i mean crushed. >> neil, you caught him in a moment of honesty, and you asked him if you think that the president would do this even if he liked you and you said, yes sh, he would, because the president is not doing this as a tit-for-tat. and not because unkind things were said about him. >> well, i'm asking you, no-no, look. it is that he is saying one thing that this is all of the sudden the law of the land, because congress has agreed, but it is by executive order and the epa is running the shots here and calling the shots and willy-nilly hiking people's utility bills 30% as a result, and 40% of our utility oomph
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comes via coal. >> yes, and as charles correctly pointed out, the president has been consistent on this, and he has not been able to get congress to go along with the agenda, and so he is using things that would be a good idea with the v.a. >> and you mentioned before that you are hoping that the executive order would require the president and require those who are, you nknow, workerers nt being done at the v.a. and being fired and you had willy-nilly putting out one that raises everybody's utility bill. >> and be clear, neil, this is a rule-making process and there is the opportunity for public comment and public -- >> you think so? >> oh, come on. >> and let me make one quick point before you all laugh at me which is fine, of course. >> we didn't even have to wait. >> and daga, in cited the percentage that the coal accounts for electricity usage in the united states, and that nu number is going down and going down anyway, largely because of the natural gas. we will reach an equilibrium
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here, and the sky is not falling. >> may i add that they could not even get natural gas to some power plants in the northeast during the winter, because of the pipeline problems, so let's not act like this is going to be a quick fix. yeah for natural gas, but we have almost half h of the electricity in this country coming from coal. >> but honestly, what this is showing is that this this show shows that adam's friends in the environmental community, this is to achieve their broader aims. that is what this is about for higher unemployment. >> to the point raised and to the caliphate thing that is a big deal now, and i'm going to say that i am looking around what is going on in iraq, and i don't understand it, but i don't want to be beholden to them. so we have a lot of coal and i'm all in on energy, and if you want to explore wind and solar, fine, leverage and exploit everything that we have here.
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and now we have the president of the united states at this crucial time saying to accept that. accept that very, very much. >> and this is the cheapest way for every american to have a cheap electricity bill, and he is destroying that. >> and that is the environmental movement, because they believe that we should all -- >> well, he should have a turbine strapped to his mouth, and can you imagine what we would power. >> who? >> you. >> and can you transmit the power. >> and when we come back, the push to cut off the cash to stop more of these prisoner swaps after this. trading a private for a
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a. >> my son was a man of honor. >> the sun was killed in afghanistan. the detainee for the soldier.
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house republicans say no more. they just voted to cut off future transfers. >> it couldn't come soon enough. it gets back to the theme of the day. i hope maybe this can blunt future executive orders. >> here is what i worry about. >> the whole defense budget hostage is not a good idea. >> it's symbolic, too late and won't stop future mistakes. >> i think the president should have the power to do what he did. i don't agree with what he did. >> he is assuming that the war is over. >> this is a president -- something the president should be doing.
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>> that is a slippery slope in and of itself. >> i agree completely. i don't think congress should go this micro. i don't see where this was idealogical. you can disagree with it. >> i agree. >> i see it. five for one hero. five for this dip kid. we don't know everything. >> final word on the subject. i want to thank you. when we come back, looking at
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