>> the market is looking great, the economy must look great. the countries must look great. there's an enormous disconnect, and that is a big worry is the markets boron. the economy isn't growing with it. that is not the first time that they have climbed the wall of worry. this is on a thousand trading days and a lot of people say that that is no big deal because markets can go on without

correction. and i would like to get your thoughts on that whether we are making a big deal of it. if you have anything critical to say about me, try to hash tag at o'reilly. [laughter] >> over liz macdonald, what do you think? >> there is a little bit of a disconnect in the market is hot and it's gone up a lot and it will eventually corrupt as far as doing a 50% tumble, i don't think there is an underlying flagrant bubble in the economy. >> when people talk about this, it had to end and i had to stop.

theoretically there is deflation like there is in england. and i think unfortunately that is correct and back then you had a choice. you could decide to risk a little of your money in the stock market, or if you are older like me, you could put money in treasury blocks and you would be ahead of inflation. and people are getting a lot of inflation, higher than this six or seven years ago, you have a choice now.

>> they are always moaning this market and we have stumbled into this stewardship. so we are obviously drawing capital. >> it feels great. we have had the most powerful run since 1998 and so is there a financial engineering going on? yes, almost a record amount with the eps results higher going back since 2007. libya was not the black swan, when we had the ten-year note, we had a rocky yield on the market. and they can't control that ten-year yield.

the doubles, watch out. >> the economy sputters along and maybe it is responding to that, slow, steady, today's kind of point. >> for nothing else there are so many people. >> i think you will see the short-term risk to the point of liz macdonald. because the whole world has this. >> companies are taking advantage to do this going into this bond market. and i'm saying that that is

okay. >> i'm not so complacent about that. and that is indicative of something beyond this. but the point is that people have less money and inflation is not only chipping away, but the consumers as well. people are spending more money at the grocery store and that means they have less money to spend on retail items and etc. and that leads eventually to profits that is going to come down. >> that is insider trading, they are pumping up the stock market and then taking advantage of it.

neil: turning it around, there's going to be a lot of big government saying this is bad and that would be reflected in our tumbling market. government activity, whether helping out the other companies, the group is in. >> people want to buy these tech stocks, but not because of interest rates being lower than they should be. there is something going on that make people want to invest here. all i'm saying is that you can say we are going to have low levels and if you call 4% and average, then yes. >> i'm not bullish at all. i think that because of the fact that people don't have options.

they are putting a lot of money in this. >> they are listening. but i don't know if we will have this. i am so bullish, i'd use the 25% correction within the next five years. >> at what level does that kick in? >> well, i was a 13 or 14,000. >> that's how risky stocks are. do they fall 50% or more, and that is what i think is not going to happen for a wild. so you better bank on that. neil: a judge could start giv

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it's gone pretty soon the iris is going to have to do explaining. they can never seem to get lois lerner. the two u.s. federal judge, next

week he is calling in the irs to explain all of the stuff that has been going on about the missing e-mails, how that could happen, why people were not given a heads up earlier. and this is not a guy who trifles with fools. my former individual says this air is watchin that? >> definitely. he's an american hero, he's going to caught the eye are asked to find out why he didn't say the e-mails were missing area and i'm sure that he's prepared to do something to help find them. neil: why is he a take no prisoners died? i could make those guys kind of shudder in their boots? >> he was the judge that appointed a special prosecutor to investigate the department of justice and the lawyers from the section of the department of justice had prosecuted former

alaska senator ted stevens. >> it's all coming back. and he's not alone. there's another federal judge who was also going to be talking about some of the e-mails. so something that is adding up here, those in the know, lawyers, judges, those are saying this is not adding up, for one thing, we were not given a heads up, for another thing and it's starting to be a big deal. >> i think it is a big deal. thousands of e-mails don't disappear.

>> yes, judge walton could appoint these experts to the irs . >> how do you think this goes? what you think we will be talking about? >> a week from now i think we will be talking about the irs shifting with e-mails. >> if you held them in content, we are starting to deal with hiding stuff, obstruction of justice.

neil: all right, i'd love to talk with you further about that. in the meantime, the six different trademark names. it was probably in response to justin avalanche of protesters and e-mails and letters. but what if i told you now what? no one said so much as one letter. really? really... so our business can be on at&t's network for $175 dollars a month? yup. all five of you for $175. our clients need a lot of attention. there's unlimited talk and text. we're working deals all day. you get 10 gigabytes of data to share. what about expansion potential? add a line anytime for 15 bucks a month. low dues... great terms... let's close.

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neil: apparently this call to

get rid of the redskins name wasn't quite the call that they thought it was. not a single public complaint. so what happened? we have liz macdonald with us. >> i feel like there was a crown float to do something about the redskins and talk about the economic policy growth. and they said we are going to make something out of this. and the attitude is if you' not offended, were not going to beoe.t a standard to taking a trademark on the way? >> there is, and they tried to do this back in 1999, they failed.

>> is moved by the patent office and the person who hasn't removed it. in the last time this happened, they get to keep their name. what is interesting about the new information is that nobody was complaining. >> let'se native americans. >> i don't care what the people's views are on this subject. let's his point, you just don't walk in and break a corporate tax reform.

so it's gotten to be routine here. >> so they slowly evolve that and they probably have a trademark on it and it says right on the back they don't do that anymore and it would be horrible in these things evolve in the patent trademark office.

>> one would be losing ticket sales. >> but where does it involve? what does that evolve into? some say, some bureaucrat is going to come after our trademark. >> i think what they are going to do is change it in a matter of weeks. >> this indicates that the government has become so big that it is the bureaucrat suggesting what used to be done. a small number of bureaucrats and judges are now making decisions on this. so when you have a big government, if the elite, it's the special interest groups they get to make the decisions. >> but are you guys kind of troubled? >> yes. >> that this was a contract law in the company and that was ripped out.

>> those contracts began to change when the government decided to make the rules as they were going along with the bailouts. that's what really began. neil: you are shaping the faith in this country when honeydew. >> i think that you are right. there is such a massive reaction to this on the internet and with social media. one individual said they could fix the problem is they just add the word potato to the end of the name. [laughter] >> but to the point, that's not really going to fly. neil: that also been completely resonate. but when we come back, doing some interesting things on a lot of domestic issues, but how do the critics say they are dropping all of the foreign issues? that such a big concern when it comes to the ukraine and iraq and when it comes to virtually every other foreign conflict.

joe lieberman on the price you might have to pay for not paying attention 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.

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neil: the government is trying to move get out all the pro- russian advocates. we are up in our troop to plymouth there, but not a lot. syria has i was imploding in israel since these three teenagers have been killed in the like a pressure cooker and the president according to his critics very disengaged. sc appearance globally. is it their? former senator joe liberman.

maybe depth president isn't that engaged and he doesn't think we should be is a country. do you think we should be? >> of course, i think we should be. history tells me that if we are not engaged in the world and i don't mean we could take care of everyone's problem, but if we are not showing leadership in america suffers and we certainly suffer in terms of our security. we also suffer in terms of our economy and prosperity. neil: what do we have to show when we did get very active in iraq or afghanistan? >> those were tough cases, but we have something to show for it. in a cast and we get rid of the taliban who protected al qaeda. that doesn't mean we can come back home and give up on the world and assume that we are not going to be targets. it's a familiar old phrase, but it's true better to get them there than have to fight them here. neil: we don't even know who they are.

he was saying we keep switching allegiances and friends because it can keep up with who they are. >> you mean among the islamic supreme us? neil: the spring uprising you just don't know. >> but, i think again some of those things that happened in the arab spring uprising we didn't start, they started themselves. neil: want and then we gravitated one side. i'm wondering we can a lot of money trying to stabilize things, but we always tended to put a deposit on more folks who hate us. >> usually not when we make the deposit, sometimes it turns out that way that they hate us, but we built alliances-- let's look at the bright side. the people we thought after the war in germany and japan now our great allies and even korea, which we had a were there.

korea is one of our most -- neil: can you picture any of these the various characters being in that-- >> you mean in the middle east cracks in every one of the middle east countries there is someone who can rise to the top, but the people to-- lead the revolutions in arab spring uprising they were good people. neil: they want to bob-- bomb everyone estimate they couldn't win the election. neil: maybe thatnal to us. >> so-- neil: maybe that is what the president is saying. >> i think he has made a judgment that he got elected to get us out of iraq and afghanistan and to keep us out of any other complex. neil: and he sure as hell is not going to get involved. >> world history does not conform to the vision of a single person even if that person is the president of

the united states. neil: he's not going to get up-- commit a lot of troops to i don't think we will see a lot of troops on the ground. here's the other side of this. everyone says we can't be the placement of the world, we can't be, but if we seem to be off the block entirely then the bad guys will take over the block and they are doing that in iraq today. vladimir putin is doing in the ukraine and already-- neil: senator, we don't have any money and we are piling on the debt. people say cooler because we can't change what is going on in the ukraine. we can't change what's going on in iraq. we obviously drew lines in the sand for syria, but they ignored it, so going to try to read what you say that? >> is a we try to before and it almost always ends up in a disaster for us. we get into conflicts later and much greater cost of life and treasure of the

united states of america. we got allies around the world in the middle east, and asia, in europe. we have a right to insist that they go with us, but most of them will go into the battle was we are leading and that is the reality. better to lead then hide back here. neil: hillary clinton has said to be more hawkish or certainly more of a conservative foreign-policy stance of the present. i don't know that is true, but hub without be to you in deciding the next let's say democratic presidential candidate? >> it would be important because i think we need a president who wants america to remain a leader in the world because it's good for america. not just because we do it out of the goodness of our heart. neil: she talks that keeping troops and staying in afghanistan under than the president proposes or be more aggressive in our forum policy. when she doing? >> i hope she is just saying what she believes. it is interesting that there

begins to be different there. to me there is a fascinating inconsistency in some of the public opinion polling. on most of these issues, ukraine, syria, your iraq if yes the american public should we be more involved the majority will say that the presence noninvolvement, but then you asked them to rate president obama in different categories, economy, social policy, healthcare, the lowest rating it gets is foreign-policy and even though he is doing what the polls want-- i think it's because ultimately the american people want us to leave. neil: i look at it differently because you can say your reactions don't measure your rhetoric. >> by and large i think the president is prepared to lead. the american people will follow that leadership and feel proud of it.

they won't follow it forever if it is not working as president bush found in iraq, but americans want to be proud of our role in the world and i think right now they are very conflicted about that. they're not proud. neil: that is putting it mildly. senator, thank you. i was getting see it. when we come back a lot of republicans are raising hackles over something the president has sent out, mission statement. the president saying he is doing this because commerce is an get anything done. congress is turning around and suing the white house claiming it has gone way out of balance. a republica i'm m-a-r-y and i have copd. i'm j-e-f-f and i have copd. i'm l-i-s-a and i have copd, but i don't want my breathing problems to get in the way of hosting my book club. that's why i asked my doctor about b-r-e-o. once-daily breo ellipta helps increase airflow from the lungs

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>> families can't wait for republicans in congress to do stuff. so, sue me. as long as they are doing

nothing i'm not good to apologize for trying to do something. neil: they are suing him and whether you think that is the proper route to take is anyone's guess. the fact of the matter is the president is doing them one better and saying to his next if we are going to's faces often in saddam position any of you guys to come up with ways we can get around congress to do it. that is what bugs take this republican. my view on hold doing-- suing the is that you're wasting your time. i know the intentions are good, but it's going nowhere and aikido that. so, why not just preempt and come up with great stuff of your own? >> actually neil, we have to read by the way, it's great to be on your show. we talk about all the things where he is having issues, economic failure, foreign-policy failure, energy failure and that failure to deal with the deficit. he and harry reid in the senate have decided they are

going to ignore a single their way. neil: don't you thank you are falling into his trap cracks so they can go back to the american people and the republicans are suing him. >> he may be able to try to assert that, but i will tell you if you talk to most americans they recognize the president's failures and it shows up in his approval ratings and americans are frustrated and they want us to do something. most of us don't think an impeachment route is a good direction. that would be a terrible distraction. neil: you don't think this is? >> i think it's better than that because impeachment is destined to flow year because harry reid consoles the senate, but we are trying to reassert our constitution. neil: i understand that and as i told michelle bachmann these are good arguments, but i'm saying because what you wish for because you about-- if you have a

republican president in their you might not feel as a way. >> the differences there are also republican president that tend to pay attention to the constitution that the issue is that we are president and his cabinet that view themselves as a monarchy at the roundtable. neil: democrats feel the same about george bush and his war thinking and war powers and all that mess up each side always quite properly and understandably starts gleaming that type from the other when the world world to reverse. all i worry is we have massive debt and all these other issues and right now all the republicans can counter with maybe a perfectly fine tactic to take, but it's not going to get the debt down. it's not going to deal with any of these other issues. >> it might show the light on anything we have done in the house, which we will do with those issues. we have been doing stuff in

the other thing where tried to do is stop the stuff that he has been doing which is damaging to the economy and that showed up in the first order gp numbers. the economy is starting to feel the full weight. what we are try to do is get the american people to join with us to try to push back against the president and i think we have a better than -- better chance than you think of being successful. neil: i respect you, but no weight. we will see. >> we will bet dinner or something on it. neil: you don't want to go there. conversely, always good to have you. the healthcare hits just keep on coming. this was a surprising that even democrats are having problems with the sheer dimensions, nearly 3 million enrollees who might not be enrollees. in fact, they might be lying.

neil: it always comes back to how many people ultimately signed up for obamacare. how many enrolled cracks from your new cracks how many didn't have coverage before cracks now, we are hearing that you ruled that aside those who we thought were enrollees night-- might not be honest enrollees. they might be accidental enrollees or maybe not everything is on their application enrollees. close to 3 million of them. a lot of them got there saying this is what they made in these are the subsidies which they qualify and now it turns out, well, it isn't quite what you make and maybe you don't qualify first subsidies. now what?

what you think? liz: we have-- seaport we've been same for long time that obamacare does not fit everyone. there is no room for independent obamacare. if you don't fit in you don't fit in and if you don't go a, b, c, d you are out like these 2.9 million people. there might be fraud involved, yes. neil: you feel out the application and you know you're going to get a subsidy if you put a certain income level in. what would compel you to be totally honest? liz: nothing. there is nothing. it's really voluntary compliance. what is so dangerous for law-abiding taxpayers is this is money out the door with tax credits that people may not deserve. neil: for couples 65000? liz: you get it in your refund check and then the

government has to come after you after the fact. the one that's what i was the. >> it will save the taxpayers money because they won't get the subsidies the one they will get them. >> oneof the greams is that we overanalyze the population. we act like only if they had a little subsidy they always got health insurance. there are people here that don't have homes walking around who are crazy. there is so much more than a subsidy like in canada you can walk into a hospital in the government picks up eight. here you have to go to a website. we are thinking everyone in that population can do all of that before are you saying the canadian model is the answer? >> it would be functional.

i'm not saying it would be better i'm just saying it would work in the sense these people-- neil: why don't you go to canada then? [laughter] ng oasms just me. l thareny a few of us are feeling that way now. in fact, when it talks about freedom and how free you feel in this country, not as many of us do. still very high, about 76%. still the land of the free, but you see closer to 90. what you make of that? liz: is astonishing. this is gallup sameness. they are saying it rings in terms of people feeling free -- people in cambodia and i pakistan feel more free than americans. neil: is it just how free

you feel? liz: how satisfied you are. before depending where you are at this particular moment do you feel more free or less free? david: it seems to be coming mostly from the lack of perception economic freedom not like that patriot act. it doesn't seem to be from that. neil: i bet is it was from the. david: people couldn't get as many loans as they didn't 2005, 2006. liz: it's also about government corruption. it is pakistan politician's name so me buildings after themselves. david: is also about. liz: you feel like your money is being misused seaforth there are an elite group of people that are deciding stressed that we used to do decide for ourselves.

neil: are we still it yet freedom being the issue or just happiness? i think the two are hand-in-hand. if you are miserable a lot of people are very jaded. it's a constant theme. liz: it seems like a drumbeat of negativity, but i think americans are optimistic. they want to feel optimistic, but when the government gets too big and the population gets more divisive bigger the government gets. neil: did they get this way with the bigger government or is it just that the weakness of the recovery? david: when you don't get the stuff-- out of which you put your energy and effort into for most of your life as many small-business-- business owners do and be led projects-- neil: that is the case across the globe. david: but even little things like trying to be up to decide what health insurance or not. all these little decisions that out of two independents are now be made by the government. neil: they have-- how things

look for the next generation? across the world it is the same sense. david: i think that is what is different about this poll. we see direction the country is heading in and again right now we are doing great except if you compare us to cambodia, but the direction we are heading is one in which we are less free than before. when they have a lot more freedoms than people who think they are for your now like folks in cambodia, but is the direction in which we are going. neil: he's talking about canada, so two out of three of our panelists right away early in america and you are writing about some foreign medieval want to be saved. liz: can i plug my book that? neil: skirting america. that will do it here. sad before it is and whether

the american people are going have the right to make a decision about which way we are going. so far the bureaucrats and to americans nothing. neil: with the score in canada? >> i still think it's people trapped in their economic situation. neil: okay. >> free healthcare. neil: when we come back while lots of you are waiting for cavuto the broadway show. you don't have to met-- wait much longer. are the largest targets in the world, for every hacker, crook and nuisance in the world. but systems policed by hp's cyber security team are constantly monitored for threats. outside and in. that's why hp reports and helps neutralize more intrusions than anyone... in the world. if hp security solutions can help keep

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when folks think about wthey 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. the numbers are impressive.y to new york state. over 400,000 new private sector jobs... making new york state number two in the nation in new private sector job creation... with 10 regional development strategies to fit your business needs. and now it's even better because they've introduced startup new york... with the state creating dozens of tax-free zones where businesses pay no taxes for ten years.

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>> and my sister said to me, did you see the interview with michel bockman comment i said no, i do not want to. i've that he airgas, always interrupting. mostly women. i would like to interview him. and the first time he said i would punch event. and so he said, let's do this. so let's get it done. so your performance was atrocious, therefore i am placing neil cavuto on my own and whenever you appear, i will change brownson i am removing your name from my e-mail inbox whenever you write, i will send it over to bill o'reilly. and gary says that i could not agree more.

people should think back on all of those commentaries at the end of the shows. most of them rebellion and you will never make me than enough to miss us. welcome and thank you, but they don't remember that, they take one thing and they blow up a long and loving decade-long relationship. and actually it's worse than that, screw you, neil cavuto. and cliff writes to us that you are a fair weather friend. well, you are a fair weather friend and so you're not my friend. and john says you have become very unprofessional, we no longer care that you don't. and we seem to believe that you

have a dismissive view of your fans. they are not really fans come are they? i can't make them like me, so i think it and tell them to watch me? and lauren in new jersey says i like your honesty. well, one out of five. and bob and sheila. married nearly 20 years and we always ddr your show so we come onto before we go to bed. six years later, six kids later, we are still going strong. >> okay. and walter says, being a democrat i virtually never bother to watch fox news, however after seeing a clip of your recent on-air interaction, personally i was delighted because intelligent minds on both sides of the aisle and they can engage in this dialogue. welcome and thank you for that. and then some wrapper fire

questions and i at i have been collecting from some of you over the week. ralph in new jersey says, do you like i miss? well, most days. and kyle in vancouver said that you have been on the air forever. have you ever been fired enact and no, not yet. at least not yet. turn in pittsburgh says wyatt do you obsess so much about money? >> because i do a business show. and you drink between your fox news show in your fox business show? >> yes, which is why i say stay tuned to fox business market. because you never know what's going to happen. and kathy in buffalo says settle a debt, did you really start out wanting to be a priest? well, yes. and alicia in topeka, what have your heart? well, i gave it up for lent. >> you are fair and you are

funny and i could see you doing broadway. >> even the nasty ones have a bit ofver vibe to them. have a great night. the loco. ♪ >> floating between privacy and safety, obviously you are watching the show. are you making claims to get more money and power? poll after poll, those people are getting so tired of being pulled. they have to choose between getting spied on are blown out. these are serious times. and palestine, look out for ron paul. it's wednesd