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tv   Cavuto on Business  FOX Business  August 3, 2014 8:30am-9:01am EDT

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>> the cheesecake is healthy, u but the stock is not. up 10% by labor day. >> and go! >> the president loves it, the etiba is up. >> and gary? >> the market is going up 10% in the next year for apple. neil is next. if they are cutting in line and we are cutting the tags, how about cutting it out and sending somebody else the bill. i'm neil cavuto and butler ko county, ohio, mayor is doing that. he is sending a bill to mexico for the cost of dealing with the surge of illegals in his communities and writing, and i quote, i think it is only fair that you provide me with some financial support for dealing with your criminals, and the sheriff is telling me that he is not alone. >> you know, i'm one county in ohio, and there is over 3,200 counties in the united states. i'm looking at $1 million that i
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feel that they owe me just for the prisoners, and can you imagine what it is all over the country at 3,200 counties and the city jails and with the free assistance and you are looking at hundreds of billions of dollars, neil. >> well, fox news alert, he has not heard back. i wonder if the check is truly in the mail. we have got ben stein here and charles payne, and charles casone and christian dorissi, and if anybody cares, adam lashinki is off. >> i wonder what you said about me last week. >> you don't want to know. charles payne, what do you make of this as somebody who is rightly expected to be compensa compensated for the problems, but i don't believe it is going to happen. >> well, i love the idea at least to bring it into the conversation, all right. the president of honduras saying it is america's fault, and the president of mexico saying it is your fault that it is happening to you and your fault that the
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borders are being flooded, and it is your fault, and now, someone else is changing the conversation, either secure the borders and don't let the people escape or pay us for them. >> and it is the last time that the sheriff made a move to send mexico a bill, but he got a call from the state department saying it violates some law go back to the early 1800s, but that is who we heard from. what do you think of that? >> i think that it is a ridiculous situation that the united states of america which is a still very rich country does not spend the money to patrol and police our own borders. lo look, these are desperately poor and miserable people from honduras and other parts of central america who want to come can up here and work hard and we don't want them here unless they pass through a normal immigration process, and why don't we secure the borders? i don't understand it. we are being invaded and overrun by foreigners who have not
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passed through normal immigration process and what is keeping frus spending the money to secure the borders? i just don't get it. >> and charlie, i don't know what a normal immigration process is anymore. >> i don't think that anybody does. people think that we used to let the immigrants in, and i'm the son of immigrants. >> are you really? >> grandparents and i come from the immigrant family, and as you do, and people think that there is open borders for hundreds of e years, but there wasn't. people came in based on economic need, but that said, this is a stupid idea. face it, mexico is not the only reason for illegal immigration, and if you are sending the bill to mexico, you should send it to honduras and a million other place places. >> but he is saying that mexico made it too easy. >> and the real problem here is what ben said, national problem and the national government he should send that bill to, because the federal government is not enforcing the border laws. >> a that is the real point that the sheriff is trying to make and he has done it before in
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2007 he sent to then mexican president philippe calderon a bill, but he didn't hear back. and he is not talking to washington or d.c. but getting the attention that he needs because he says that the congress is failing and we are paying them to secure the borders and they are not doing it, and that is the real problem, and nothing to do with mexico and bad things happening to kids in ecuador, but he is saying that the problem is d.c., and shocker. >> christian? it not talking to the mexic mexicans, but the u.s. congress. it is not about that, but it is a process so long to ajude kate someone's status and the reason it is so much cost in ohio is because they are picked up on simple charges that wouldn't require a lot of jail time, but it takes months and months and months to ajude kate them, and that is on the u.s. congress and the president for not deal twimg graduation system. >> and have you seen the charges
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of what these illegal immigrants have done in ohio. this is serious crimes. >> and with that list, you will see a lot of people who are picked up on simple charges, and it is not to say that they should be let free, and once they are picked up, they have to go through a very long torturous process that is made up as they go al loong and that cost money >> and shouldn't bit a process? here is what i just wondered, do we need that much cheap labor in this cup ountry. this is a poor people who need to work and i understand that as did my migrant parents, but in this economy we need a certain amount of manual labor, but it is not the industrial revolution. >> well, we seem to be apologizing for our own behavior here, and congresswoman e lee when she made this statement earlier this week, it really got my goat. in case you missed it, here it is. >> in listening to the testimony, i felt ashamed, and i
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asked my colleagues, are you talking about america? is this america? >> what does that mean? >> i am ashamed of the congresswoman, because the fact of the matter is, charles payne, this woman is bemoaning a country that is going to fork over food and housing and enroll tens of thousands of kids in schools with no way to pay for it and thrust it on unsuspecting communities that she is ashame off that? well, i'm ashamed that she is in congress. >> i am ashamed that she is not alone and it is a group think of the overall overriding message that there is a message sent out to central america and mexico to get here and we have your back. and it is coming from the white house and congresspeople who have been elected who are more or less saying, come here. >> that is what they should be ashamed about, and not what we are doing for the tens of thousands of people. >> and lack of understand iing. poor people need jobs and be
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flooding the labor market with poor, poor people. >> and this is slightly out of c contentiont, but ben stein, what she was apologizing for is the treatmentf of the kids when they arrived here. we are assimilating into society as quickly as any other on earth tens of thousands throughout the country so that there can be well-fed, well-clothed and soon enrolled in public school can-- schools, and that is nothing to be ashamed of. >> no, she is a famous chronic complainer about america altogether. but i would say that we are the most generous country in the world about almost everything including immigrants, and as to the my friend gasparino's point, with we need a lot more lay por in agriculture, and with more coming across more and we would have no agricultural sector without it, but with that being said, there has to be a legal way to do it.
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we have to be a country with secure borders. >> we talk about economics and the wage growth and the rich are getting richer and the poor are poorer, and never a time to increase the labor and the cost goes down and you don't have to pay the higher wages. i don't understand it. i worry about the poor people, and there is a debate in the country, legitimate about how poor people's wages are going down and if you increase the amount of poor people to take those jobs, wages are going to keep going down. >> well, they will be stabilizing. >> they are not stabilize now. >> and we have people who we are paying so many people not to work in this country, and paying americans and people born in this country to go down to get the latest program not the work. so when we talk about the toughest immigration law in alabama, all of the sudden, the next day, no business was there at the farm, because we are paying the able-bodied americans not the work. >> paying them more not the work than to work and remember that. the fact is that -- some of it. >> that is the president.
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>> and some of it is the fact that you don't get paid enough, so most people know that you go to the -- >> so pay them not to work. >> but at the wage rate, it is not like it was in the 1950s. >> take away the free programs and people will work wherever they can work. >> no, no, no. >> yes sh, yes, yes. >> and now one at a time. we are getting a headache. go ahead. sorry. >> and now why is it america's responsibility to take on and what is going to happen to the children who nobody wants them lost or hurt and what happens to them when they are 15 or 16 and say, wow, i want to go find my parentings now, which they have been separated from and other countries could use this labor. they don't have to come to america and work on the farms. you know, cabbage farms in mississippi, but they can go to some other country and use them. so send them some place else. >> we are not the only country in the world that receives
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immigra immigrants and so we don't have to make -- >> i saw this image earlier when you saw the illegals protesting outside of the white house for rights they are not entitled to and not one of them arrested and did you find that a little bit -- >> can you say that again, neil, sorry. >> illegals protesting for rights they are not entitled to and did you find that odd they were not arrested? >> well, i find it odd that congress cannot fix the problems of here. >> no, the reason i find it weird is that illegals are protesting for rights that they are not entitled to. >> and that is the problem, neil, we have no way to know what to do with the people. it is not a problem as simple as sheriff jones suggests, but it is a huge one. >> and illegals protesting for rights they are not entitled to outside of the white house, the bastion of power in this country and nobody so much gives them a summons, but i say it is a little odd, but maybe not. and forget about helping the
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veterans, is the new antics only helping unions? the forbes gang is going to the forbes gang is going to debate when folks think about what they get from alaska, the forbes gang is going to debate 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, to work. that's not a coincidence. it's one more part of our commitment to america.
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help. i'm kelly wright, and now back to "cavuto on business." well, no pain, no gain is fine i guess for a workout, but not so fine if you are trying to work out of the russian mess, because when america and the
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friends in europe put the economics smackdown on vladimir putin and company, they seem to keep putting the smackdown on themselves, so they dial it back which is why vlad is not so mad. charles payne? >> and wait until winter comes. i understand that president obama can tell the europeans, hey, get tougher, guys, and get a backbone and it is funny, because in many ways coming from president obama who is talking about retreating to every conflict in the world. >> you don't like the president, do you? >> i think that, come on, you have to be kidding me. so these guys, and where are they going to get the natural gas come the wintertime, and the uk does not want to have financial sanctions and neither does germany. >> and didn't bp complain that when they announced the sanctions, it would hurt them. >> yes, and france is still selling them warships. >> it is weird that france built warships to me, but gasparini? >> well, economic sanctions will hurt everybody. >> that is the true sang shup.
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>> -- sanction. >> and if we froze all of the assets and it would hurt our stock market and banking system. >> and you kuns that. >> but we could squeeze them and it would hurt our banking system, but that is what it take tak takes. >> you drag our people down, tens of americans down when you say, we could squeeze them, and try to elevate -- >> well, pointing out that sometimes you to be tough, and you need a don corleone to deal with putin. when you see him, you know, you kind of like it. something about him. >> well, he has a little something-something as the only female on the panel today, but there is another thing that we will have an issue when it comes to the real estate, because a lot of the russian money has been flooding into the u.s. real estate assets, and if we were smart, we would go after that and that would help america. and freeze it and go after the money at the banks.
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>> but if you were an oligarch, you would prepare for that. >> well, the only ally gashgs are have prepared for that. >> and the only oligarch is benste benstein i'm nothing like an oligarch. there is no history of a country brought to its knees by economic sanctions, and if you hurt the russians, you hurt us, too. and ronald reagan warned them about this, and he said, if you let russia supply your energy, you will be at their mercy, and the only thing that we should be doing at this point it seems to me is having a serious defense build-up, because this is an aggressive power that is building up militarily and its friend china and it is time for us to rebuild the defenses, instead of talking about economic sanctions. >> and christian dorsey to charlie gasparino's point, it is sanctions that are effective are the sanctions that hurt those imposing them on a country, and we are not at that point yet with any of the countries
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involved and maybe as everyone here has stated for good reason. and that being the case and things not changing significantly and the fact that the russian market and ruble are higher than they were before any of this started, what are we to take from that? >> well, the key area, neil, it is the russian oligarchs that the sanctions are e desdesigned move. we know that vladimir putin can escalate a war in response to the sanctions that does end up hurting everybody in the long run, but if the u.s. and europe work in a way that actually squeezes the opportunities for oligarchs to move the money around, there is the hope that they will in turn influence putin. and that is an attempt to have a diplomatic resolution to this before we get to god forbid the defense buildup that ben wants. >> but we are not doing that. we are doing the half-ass m measures and excuse the french. these are not working obviously. >> right. but if we get the eu and in concert, it could.
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>> well, initiating if they were going the work, and if there was any chance that the market would react to it, and they are not. look at the russian stock market and all of this stuff, it is not working. >> and largely because the natural gas months are -- >> well, the markets are pricing in the future potential of this. >> and it is blind loyalty leading the markets is amazing. >> yes. >> and exactly. >> and coming back, have you had it with the long airport security lines?
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this is something to look forward to at the airports. the airline security agency now wants to give you $15,000 if you can suggest ways to make the lines move faster. i'm ready to cash that check right now. it only took me a few seconds to come up with ideas like these. how about paying attention? stop yelling. open more lanes. while you're at it, keep your paws off my junk as well. >> i'm not sure what that means. i travel constantly. some of the ole garks i travel on commercial airlines. some of us travel every week. and i think they do a great job. i think they do an incredible jock job.
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>> i'm proposing -- >> they obviously want to move the lines faster and want you to come up with an answer. >> a flight atennessee dant says we should be offering snacks and peanuts and cokes and other beverages to people and they can all chill out as they go through security. >> free beer. >> that was my other plan. >> more workers and more accountability. >> i think sometimes there should be a separate lane for people who aren't aware of the rules. but that's just a separate little thing. what do you think? >> i'm shocked you are all mocking this. this is all the rage in business schools, in the corporate community. innovation prizes to get out of group think, to crowd source good ideas to improve efficiency. >> you really think they are going to accept these ideas? what makes you think they are files they just dump in the garbage? >> if they get a good idea, they
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will use it. >> they spent $80,000 at harvard business school for this? >> you see this all over the place. these innovation prizes are all the rage in the corporate communi community. >> is that a big enough incentive? they are going to put these signs up. but only one person get s it. one check. >> it's not going to give anybody incentive. people get to the airport, they leave their brain outside. i learned it as a flight attendant. >> free beer. >> all right. i want to thank our panel. up next, did you miss out on twitter's big tussle this week. not if you were listening to charles payne. he tells you to buy it back in may and look what's happened
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making money with three new picks. >> defense contractor, amazing earnings this week. i like a company called skyworks. it's and also linked in up big, but i think it's a $300 stock. they have no rivals and doing everything right. >> what dothink?
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>> i wish you were president, charles. by don't think he doesn't know anything the market doesn't already know. >> enjoy christmas morning, kids. the v.a. fix is supposedly in, but will it help government unions more than our veterans? hi, everybody, welcome to "in focus." so steve, good to have you back. was this fix designed more for unions than our vets? >> that's the question to answer. of course, it was for the unions. it's a typical government response. spend more money, the more you pill shs the bigger you get. in terms of choice for the veterans, it's severely restricted. in terms of the secretary being

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