tv Cavuto FOX Business August 28, 2014 11:00pm-12:01am EDT
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keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. neil: what do you think fallout will be if millions who are here illegally. >> there are millions of people in skwraoublation, happiness. in america. that they no longer have to fear, being is up rhetted -- sep rhetted from husbands and wives. neil: are they following them here. >> no, i think that president will set a date. it will be a date, i don't know how many. >> you know what he will do. neil: he knows something.
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talk that went days president of united states is set to make millions of illegals legal, in an executive order, president with swipe of a pen will stop deportation for up to 5 million, republicans don't like it, they can stuff it, more than a few of you cannot believe it. within what seemed like seconds of that congressman gutierrez interview. the tweets and text started in. are you kidding me, does the president want to be impeached. enough is enough, and so glad i went through all proper motions and laws to become a u.s. citizen, i should have just waited for this and avoided all of the has ill, incredible. -- much more, from so many
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sounding off on-line. back to my bigger points, whether such an executive order, i think that congressman knows something it is coming, what this stroke of a pen is the president stabbing at hard working legal americans in the back, leaving us with a heck of a bill. maricopa county sheriff joe arpaio said that enough is enough, we're told a matter of time, what do you think fallout will be? >> he has been doing it, he is going to make it official. i mentioned on your show, a few months ago that 3,000 people in jails that i win for plane different crimes -- that i run for many different crimes, we turnover to the government, they let them out the backdoor, they keep baming back -- keep coming back, 36%, and dream act, heism implemented that program, he now wants to make it official.
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neil: do you think it is; impeachable offense. >> i don't know, if you waste the time he is going to begun in two years, but you know i think that people will be angry, that is good in a way, maybe somebody will do something about the problem at least, before betwen 16 -- 2016. neil: do you think there is anything that happens as a result, say 6 million illegals are granted permanent status, how will that complicate your job or will it? >> i don't know, they are too bibusy, 6 years they have been investigating me, department of justice and white house, maybe they ought to use that money to fight the problem, go to mexico and meet with the president, as i said, many times, meet with
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the president of mexico, and take care of it before it gets here. neil: we talk about this before. i find it interesting, people like you or not, we spent far more time looking at whether -- just address underlying problem of illegals who are here illeg illegally. >> what was that? neil: seems that focus on airing with the illegals, if in doubt error with the illegals, i am wondering, whether it is going to put you more under the gun? we'll be more watching will be more you know, unrelenting in gag after you? >> -- in going after you. >> i don't know, i'm the poster boy anyway, can't seem to win the battle with federal courts skpefrg else. and everything else, we should get it resolveed, get the law
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changed, if you have to change it, follow the law, and get on with it, quit playing games politico games. neil: do you think there is growing talk and concern about the isis threat and number who are recruelted, maybe including south of the border. if not in our boreder who are going through this corridor getting here, is this a concern a real threat? >> yes that 2000 mile border circumstance i'is,the media tale border, you know talks about politicians saying that the border is not secure, they listen too, they believe it, probably true anyway. of course, they can pop over the border, what is the big deal if they really', to we should be concerned about that and lock them up again in a foreign country before they come over here. neil: sheriff joe arpaio, thank you, crazy world. >> thank you. neil: all right, if you are
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neil: i don't know maybe you call it mag scenes for mis-- magazines for misfits, get a loved what al qaeda a load of what al qaeda and isis publish. one is in english, the other multilanguage, offerining handy tips. former defense big wig torrey clark, author of the survivors guide to washington. you could have been one better, thought of how to maybe blow up washington, with these guys, holy cow, i can't believe this stuff, these are actually, i don't know to go flew yo througw tos. >> you hate to almost give them credit or credibley by repeating
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what they do, but anyone who underestimates the seriousness of the threat, they tell us, and publishing it in english to make it more convenient. neil: who are they reaching out to? american malcontents? >> i think they have multiple targets audiences, they are always trying to recruit and inspire, the tight is for a reasons, inspire, they want to recruit, and retain people, and inspire them to do bad things, they want to scare us and disrupt us, they are clear about their intent. neil: i have not read through both pub cakes, i say -- publications, i saw, everything west bad, every them good. so like a mixed up, upside down world, jus death is justified, d murder and mayhem is justified, it is a scary world if they get
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control of it. >> it is scary, people are saying is this al qaeda all over again, is this what it is like before 9/11, the answer yes, and, and a bigger intent, they don't want to just make us unhappy, they want to rule big chunks of the world, and look at financing of it. i know we think -- >> where are they getting their money. >> extortion, black markets, they make tremendous amounts of money, exporting it from -- ex torlt its from businesses, talk about what it is going to take to take them down it is not one thing, you never take military action off the table, we should not, it is economic, how do we get at that financial network and dry it u up, so they don't have the sources of funding and make them dangerous. neil: could you have everen visioned days -- envisions days
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what you would see a group that al qaeda would fear? >> yes. neil: really. >> you spent enough time in the world, it is not about the crazy guys on television, it is broad, and diffuse networks, you realize it is about more than one or two guys with unconventional weapons, if you don't address them before they go too far, weakness is provocative, bad guys go to fill that, there are big vacuums right now, they are filling it i see this as potentially more threatening and damaging for us and the people we love and adore in the world, than i did al qaeda pre-9/11. neil: they have a country they control, they have substance of a government that is them? >> well, just huge swaths of
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territory, we think of country with unique, boundaries and people in military wearing uniforms, that is not how they think, they don't respect fur boundaries -- our boundaries, they have bigger ambitions. neil: what do you think they are? on top of 9/11. >> they see that as the means to an end, if you will, that is what they want to do to get to where they either believe they believe they are better and more elite superior to people like you and me. neil: but they know that we -- they are betting we'll continue with war fatigue? >> look at what we've been doing, with militants in syria, if you let aggressions go unchecked they take more and more. neil: you think if we had gotten involved then? >> you know, it is really easy to sit in a lovely studio and say what you should have done, i
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try to take it out of that world. neil: hillary clinton has said. >> she has said forward leaning as we say, i say, what is this like, my dad is a doctor, he said if there is' illness, you want to get to it sooner not later, you see the warning signs, and you feel them, you want to go abou after them earlf you don't it is not getting better. neil: are we beyond that points. >> never, but where we are, we're not going to be able to deal with this overnight, you have to look at economy factors, and diplomatic factors and have a comprehensive multifaceted long-term program udon't think we'll fix this and defeat it overnight or a month this is probably years. >> torrey clark, very good seeing you, a bizarre situation, all right, from terrorizing to numbers at general motors that look terrifying, marry barra said that ken fienberg defines
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these, put together a great special on this cyber war game, to air monday, at 1:00 and 4:00, hosted by yours truly. it is great to have you, you did a great job, one thing i notice that finest minds are trying to deal with this. a lot of times they don't know how, ha has gotten so -- what has gotten so out of control. >> it seems that the attackers are doing it a large scale, it just almost impossible for their marks to keep up with the sheer amount. neil: do we know who the attackers are? >> well, yeah. atbution they say is hardest part of the game, the servers can be planned in different countries so people think that attacks come from russia but they are actually from east asia. what everyone that i have spoken to said does not matter who the
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attacks are coming from, it boils down to we just need to be able to patch it, and prevent future attacks from happening. neil: they could just be veryed dieddideddid -- good hackers, kt are good at this stuff, paid by the high of bidder for the dieds? >> yes. today j.p. morgan reported a hack, that is someone going in to go in steal information, we see largely, these days, we saw it with sony hack, and playstation you know affected. that is what we call a disrough disruptive attack. that is what most do, people with an agenda. >> to do what? prove they can mess up a big instution. >> partly mess with an instution, some to get a message out if they have a political agenda. you know anywhere down the line,
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what they do circumstance they take you know, tons of useless traffic, and they throw it at the web sites, and essentially render it unavailable, that is what you see mostly. neil: if they can do it, target biggest banks and companys in world, they have gone into our defense contractor, defense department, they are pretty good at what they do, how do we stop them? >> i mean, that is a million dollar question. i think everyone that i have spoken with, it is activeism bringing awareness to the subject matter, partially the reason for this and yo special u hosted, making people aware, and once they are aware take active steps to thwart that threat. neil: you will find out more on labor day, cyber war game, 1:00, and 4:00. this is pretty scary how big
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this has become, but we're not without not responding, so, when you look at how matt laid it out, it is scary but also hopeful, there are ways to deal with it, if we're up to dealing with it. neil: this just in, robert van mo shea is stepping down, leaving ceo post at ig this weekend, saying because his cancer has worsened and he has has been given 9 months to a year left to live, he heard the same prognosis in 2010 but because of his commitment to get his company out of a crisis he stayed on board, last time i had him on my show, i asked him if his family ever asked him to just quis. did they say we know your commitment to this, and make this right, but we're your family. >> they said you are going to win, don't give up, do what we
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need to do, we love you, this is about doing the right thing. neil: about what is your diagnosis now. >> i am doing well, enjoy life until we tell you it is starting to affect you again. neil: all right, a lottery don't know but company is in better shape than when benmosche inheritd it but he is stepping down high said to enjoy the rest of his life. we'l unlimited cash back. let that phrase sit with you for a second. unlimited. as in, no limits on your hard-earned cash back. as in no more dealing with those rotating categories. the quicksilver card from capital one. unlimited 1.5% cash back on everything you purchase, every day. don't settle for anything less. i'll keep asking. what's in your wallet? i'll keep asking. so what we're looking for is a way to "plus" our accounting firm's mobile plan. and "minus" our expenses.
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neil: we started the show talking about you whether the president goes it alone on willy-nilly granting amnesty to 5 million illegals already here, there is something more sweeping that will have a bigger impact to you sooner and more dramatically that concerns energy unite new clean air standards, even vulnerable democrats are asking him to go
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slow, my next guest said that if president gets his way it will be all but the death of coal and guarantee you pay third% more -- 30% more in your utility bill. mr. murray good to see you. >> good to see you. neil: we're focused on this immigration thing but we lose sight of what is happening. >> i am afraid for america, this is an issue that citizenry does not well understand. neil: what is going to happen. >> he bypassed u.s. congress, and taking clean air act and interpreted it in a way, this regal president, and those who support him, it will double electric rates 92 hs. neil: he wants tighter clean air standards their site says you are over stating it. >> i am not over stating it i have worked in electric utility coal industries for 58 years,
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what they are doing, is illegally, he is an outlaw president, taking the clean air act, and interpreting it in a way it was never intended to drastically increase electric rates for no environmental benefit at all. you could shut down every coal fireed and nuclear plant in united states of america it would not affect the global temperatures by more than .002. >> he gets that. coal is a big reason why we have cheap energy as we do. you said 30% hike in fuel bills coming? >> actually, th the inner connection, scan million people -- 61 million people, they bid
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up price of electricity double. so, who -- >> who sees that? >> the 61 million, they will see it in 200017, and '18, i grew up very poor, i have a lot of compassion for the poor people, the people in lower 10% according to a chamber of commerce study will pay 3 times more for electricity than top 10% at that level. people are not aware, he is destroying america. it is a political power grab, of america's power grid. he is driving up electricity, he is driving up the cost of it, he is affecting rely billy and affordability of it. all for no environmental benefit, which they espouse. the earth is cooled for the last
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17 years it has nothing to do with global warming it has better to do with control america how better than control access to electric power and cost of it. neil: do you get troubled by the fact tha that you are seen in if white house and mai mainstream a as an annoyance? he is puts out a ad against you know keystone, people say he is visionary and renaissance, and you are a dinosaur. >> tom steyer is a crony capitalist, making billions of dollars off his relationship with nancy pelosi, and government action just as albert gore has, how do they make their money? not working in a coal mine like i did, they did it because of their eliteist and relationships and crony capitalism with this
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administration. neil: a bit hypocritical. >> very. and i have to speak out, neil, because i'm an american. they push back on me when i do this but i have to, people have to understand what is happening to low cost affordable electricity. neil: you think about it let's say they do try to bury and you coal, and that is a plenty full energy resource they have. so where does it end? >> people on fixed incomes are not going to be able to pay electric bills, poor people are not going to be able to pay electric bills, people who are about to manufacture a product, in the united states, for global marketplace are not going to be able it manufacture, coal fireed electricity is 4 cents a kilowatt hour, this solar is 22 cents a kilowatt lower, and gets a subsidy from the taxpayer on top of that.
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he is driving in an insane way, he is driveing this country away from a very reliable pour grid -- power grid, which people have taken for granted, i filed 6 lawsuit against the obama epa, did you know since he has been in office, the obama epa has published 25 thousand pages of regulations, 25 million words, that is 38 times more words than is in our holy bible. in 5 years. it is an outrage, people -- people don't see it, they don't know that. neil: you are one of few ceos, quietly they tell me, we're not on air, i don't like what he is doing, you are vocal, do you think that had you not been as vocal, that you would not see the grief you see now? >> i don't worry about the grief, i am an american, it is a human issue to me. i see the lives of my 7400
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employees destroyed, their families, people it is an insidious thing, people's lives are being destroyed over this it is human, a lot more will be destroyed because low-cost electricity is a stable of life that system is being destroyed people have go the to know it i am speaking out, i take whatever can centss that i -- can kwoepbss that i get fro -- consequences that i get, we cannot let him bypass the states, we cannot let him bypass the constitution, utility commission of various states, these are all set to regulate electricity and price of it in this country here, has bypassed it all with his recessiono president -- rego presidency. neil: i can't top
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13 deaths linked to that flaw, but ken fienberg received over 100 death claims, he is in charge of the -- at gm, and how they will be parceled out, what do you make of it. >> speculation, there were 100 filed. 107 death claims, 220 physical injuries, they are filings, we're now going through the claims to determine whether they are eligible, they can document their damage, and how much they should be paid if they can. neil: all right, so, do you think with -- whether a hundred is debate. but it will be more than 13 deaths attributeed to this defect? >> i'll be able to answer that question in the next 2 or 3 weeks. as we now go through all of the filings, neil, it was an accident of course.
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but did the ignition switch defect, cause that accident? and now lawyers and claimants are submitting claims with documenting a with maintenance records, and black box data. photos of the automobiles. we'll make those decisions right now, in the next few weeks. >> a dumb question on my part, if the deaths are attribute able to something faults in the car that is not necessarily the ignition issue, is that your pervue, do you pay up? >> no, if it was not the ignition switch that was a proximate cause of the accident, if was another defect, brakes or some unrelated factor, ineligible, and claim mant may have to sue gm but not on my watch. neil: attorney land cooper
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represents away victim. in a exclusive statement he said he is not surprised at latest total death claims, quoting, the number of claims involving have fatalities submied to mr. fine berg, by families who trusted company to sell safe cars, guys like lance say that gm deserve this, that is what he is saying. >> he is a very good lawyer. i met with mr. cooper, he is a very good cooper. neil: have you met with him? what came of that? >> i am saying this filing a claim, with me, does not mean that the claim is valid. does not mean it i is eligible, we'll review the claims, i have the sole des correction in viewing the claims to determine whether the ignition switch caused injury or death, and how much should be compensateed in those cases where there is else
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i thinkability. thinkability -- else i think -- >> there was an understanding, that it goes beyonds claimants? >> absolutely not, you talk about speed look at this program, neil, in the first -- it has not been 30 days, we've received over 300 claims we're looking at the claims, we'll be making decisions in weeks not months or years, surely, this process will be much quicker and more efficient than if you go to court, and start fighting in the courtroom. neil: will it be more than a billion dollars? >> i have no idea, i'll be back on your show, you are not shy in inviting me on. >> i ask you last time, whether you do have sole dis correction, that -- discretion that is how you like it in these things.
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i am wondering whether you would have power to bring gm to the brink, and whether they are prepared for that? >> you have to ask gm, i'm certainly confident we're not bringing gm to the brink. in order for a claim to be eligible there has to have been at least an accident. involving death or physical injury. and there has to have been medical treatment, and you to demonstrate a link between the accident, and the ignition switch, i don't think that this program, at all, threatens the financial viabilityy of a company like general motors. neil: did they put a dollar limit on it for you? it is an open wallet? >> gm, has made some projects, you have to ask their estimations. neil: that is where i do the got to billion dollar limit. >> i have no limit, and mary barra and mike mil milliken andn
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have made it clear this program is independently administered by me, they have no right to appeal, whatever decision i render, they will abide by it, they have been nothing but cooperative, in setting up this program. neil: you know, why do you do this? a lot of people think he is making money, you don't make a fortune on these things, it is a pain in the nick, and a lot of work for very little when all said and done as it was in bp, and 9/11 disaster. why do you do it? why do you put up with grief, and hassl critics? and journalists. >> i'm asked to do it, i really dido believe there are thousand, maybe millions of americans that could do what i do, it is not rocket science, you have to exercise some sound judgment, but, if you are asked to do it
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as is a citizen, a lawyer, i am glad to do it, i think you and others could do it just as well, i'm sure. neil: i don't know about, that i was never go the at mag, but one thing i bowl ask you, is -- i would ask you, is there something to way you change the process? gag back to 9/11 and a compensation fund, it was not based on evenly parceling out the moneys, but back then a give difference between what you pay a fir firefighter killed in a disafps irversus diseast -- disa highly paid broker. >> it applys in bp, 9/11, gm. these are as you know, neil, these are all alternatives to litigation, just as in litigation, you go to court, you have to demonstrate what would the victim have earned.
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but for the tragedy. and that element of economy loss, calculates what stock broker, banker, waiter, busboy, fireman, cop, what would they have earned but for the automobile accident? the 9/11 attack? the bp oil spill? and that is sort of the formula that we use, added to, that pain and surfing, e-- pain and suffering emotional distress, a flat amount in case of gm, a million for victim, and 300,000 for every spouse and depend, that is the program, that is how we make the calculations. neil: we'll watch, ken fienberg thank you very much. >> thank you, very much. neil: all right, epicenter of one of the biggest corporate crises certainly in recent history, coming up, if the economy is looking up, why are so many of you feeling down?
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global economy, what is happening in political spear is making people uncertain, at home people are still under employed. a lot of americans missed out on the stock market gains, they had to pull money out of the market. they spend money they need to pay for their expenses or their loved one expenses, there is a lot of people still strapped for cash, whole idea of job security is gone. neil: i find interesting you talk with millennials. young people, but they are angry to points they don't trust president, they don't have much faith in republicans, they don't like washington. some against the instution of marriage, they are a sower not happy group. >> i think that you know, a lot of people living paycheck to paycheck, across all generations, generation x, and millennials, and boomers, i
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think there are a lot of uncertainty but we don't trust the folks in washington, it does not seem like they have our best interest in mind, we want to be self employed, we ambitious, i am a millennial,. neil: go ahead rub it in. >> i am barely a millennial. neil: i am a med muse ill. >> i think you know we' washington to speak to our issues, if we're struggling with putting fooded on the table or struggling for college, we want them to dress those issues. neil: a lot of people are you know looking at market gains they have never been it, it after the recession, and meltdown, now i guess to your points, maybe a regret or angry about it, but it feeds that narrative to how angry and bitter people are. >> they are angry and bitter, they have seen the stock market
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to do well, and all income strata understand that it is a rigged game, it is hard to have confidence in a rigged game. neil: do you think it a rigged game? >> what has been the preliminary economy policy of the last 7 years? not free market, it is intervention in housing and finance, certainly industry. a lot of people say, that is prompting the cause of a lot of market run-up. >> the government is to blame for this. >> i think people don't trust it, when government goes away, they pullback, where is the bottom, can it sustain itself. talk about millennials, a lot of those folks have student debt, they are not getting job opportunitys that generations before them got, they are stuck in a position. neil: can they all just manore women up and -- man up, or women up and quit whineing? >> addressing problems is not
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the same thing as complaining. it is saying. neil: a lot of people are complaining. >> those people, people' opportunity. i am a law school graduate with a lot of student loan debt. i want to be able to have a job that i can pay those, and take care of kids and retire. jim: >> the millennials have been sold a bag of goods talking about graduation, and now they have a terrible job market. have a terrible job market. neil: on that nice n 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,
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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. denturthan real teeth.erent they're about ten times softer and have surface pores where bacteria n multiply. polident kills 99.99% of odor-causing bacteria and helps dissolve stains. for a cleaner, fresher, brighter denture everyday.
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>> what is the spanish word for idiot? something like loco and show your heart, give these people a break. and in delaware, you cannot talk with him, he only has one objective and he cannot be convinced that there might be millions of americans that will be very angry. obama doesn't have the authority to do this. he should be impeached if he does. this is tragic travesty. and tim says i was about to talk about border security and it occurs to me that you and any other spokesperson never asked the most critical questions and that is, in your words, please tell us why it is okay to allow unchecked immigration. and i am wondering if they have
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said anything about this. and regarding immigration and a possible executive order, please take your interviews more seriously and challenge the politicians, for goodness sakes. and he says caputo, you are way over the top, show us a sense of humor. and anyway, there is furious fred and he says all i hear you do is attack the president on what he might say. talked to someone. he knows exactly what the president is planning to do. so here is a thought. why don't you try calling the congressman and having him on your show. and fred, we did. and the congressmen heard from the president the executive
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order and again on fox business on this segment in our e-mails. and there could be more channels and maybe nickelodeon. and maybe this next i should join you. after watching your interview, they say what they believe mackey were. well, and they say you are just another useful idiot. keep on being a good little boy. well, keep on being in imbecilic rights good little boys. if it had people stepping back and defense, i hear that you read all of these negative e-mails. let others mock you. i'm sure most of them are just
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jealous. no doubt, the silliness has to go, which brings me to george who writes the following. do you wear snap on [laughter] game over and goodnight. ♪ >> people are sick of this. >> we need to take action now. john: i want action to, but what exactly is pollution and why does government go too far? >> another big situation with the epa. >> they have become an the green monster. and that is our show tonight. ♪ ♪ >> now it is time for john stossel. john: the gre
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