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tv   Cavuto  FOX Business  September 18, 2014 8:00pm-9:01pm EDT

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work with equity experts who work with regional experts that's when expertise happens. mfs. because there is no expertise without collaboration. . neil: great scot! even if the scots stay, there is no guarantee that david cameron stays. we'll hear rupert murdoch, skating a disaster does not mean the british prime minister necessarily avoids disaster. have a look. what happens to him, what does this mean? >> i think if they lose it, if they are splintered, he will probably have to go. just being totally mishandled by everybody on the north side. neil: well, to fox business's ashley webster with the latest on edinburgh scotland, where
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they are waiting and they will count up the votes. hangs in the balance. >> certainly does, the turnout has been tremendous, the polls open local time from 7:00 a.m. to 10:00 p.m., but getting all those votes counted is going to take a while, especially from the far-flung scottish isles, weather permitting, we are not expecting to hear the final result until maybe 6:30 to 7:30 tomorrow morning, that is local time. so after midnight on the east coast. as you say, a lot riding on this. passions on both sides, has been very close, down to the wire, perhaps the no side edging slightly ahead. as you mentioned prime minister david cameron coming up to scotland, making his plea and essentially vowing that the scottish parliament and the scottish people, does not go
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their way to separate. i've heard many times in the time we've been here throughout the day, they believe the no campaign was totally mishandled and the yes votes were indeed equal or perhaps slightly ahead, and that would have caused westminster to react. was it enough? obviously have to wait and see, but you know, as you say, there is a lot at stake. the scottish people who want to become their own country say it's way time they have the destiny of their future in their own hands. they feel disconnected from westminster, especially a conservative prime minister like david cameron, and say all of that can be avoided if they are given their own identity. on the other hand, the no votes say we need to keep the union alive, the united kingdom is important, and too many unanswered questions which currency the scottish would use? the impact on the economy overall. many, many issues that have yet to be discussed. we shall find out, tomorrow
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morning we know for sure, neil, there's going to be half of this country that's not happy at all. back to you. neil: ashley, great work on this. the guy does not sleep, folks. ashley webster. will the united kingdom stay united then? the white house hopes so. you say why would we care, rich edson on why we do and why it's full-court press to make sure the united kingdom is united. >> reporter: while the administration says this is an issue for the scots to decide. president obama hopes the u.k. remains strong, robust and, yes, united. earlier the white house explained the president's position. >> the president, speaking as the president of the united states, talked about his belief, that the united kingdom is a robust, strong, united
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partner, and we want to keep them that way. >> reporter: the president went further than just deferring to the scots on that one. president bill clinton is asking to reject independence, sent a powerful message of inclusion, it paves the way for a weaker united kingdom. leads to a further u.k. withdrawal from europe and the reduction of a key power more in line with the united states than continental europe, especially with europe's energy dependence on russia. the u.k. has u.s. provided nuclear submarine station in scotland, it's unclear what an independent scotland does with the warships, leaving it in the hands of the united states, and this is a time when the united states is pressuring europe and nato countries to finally spend a little more on their own defense. neil: rich edson, we shall see, thank you very much. back to rupert murdoch, the name rings a bell. what is happening in scotland
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is not staying in scotland. >> it goes beyond scotland, and there's a great set of anti-establishment groundswell. you can go to the united states and take middle america, what do they think of washington and wall street for that matter? there's a -- people are looking for change. neil: it's an interesting premise, this is not a political left or right thing, it's just whoever is in power, respective capital and scene of government, throw the bums out, we're tired of it. whether you want to put a scottish accent on, it american accent on it. the fact of the matter is it is global and palpable. to our fox biz all-stars. what do you think of this? this is a collective rage at, i guess, the establishment. >> this is a worldwide thing. i think the divide between rich and poor no matter what country you're sitting in is getting bigger and bigger.
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>> scotland than it is here. >> for now, right. i think that we're going to hear more of this, maybe here and also abroad because the divide is getting bigger and bigger, people aren't happy with the current governments, they're not happy with wall street, the banks system. what's the alternative? the question remains to be scene. you are not happy with what you have now. in the case of scotland, they are jumping to something unknown, is that better for them, that's the big question. neil: it does say a lot, does it not, steve moore, they would rather go into the abyss not of uncertainty, than the certainty, in this case, her majesty and that government. >> it's kind of -- i know some people 200 years ago who felt that way about it. neil: by the way, the campaign used by the yes crowd to say look at american example. >> exactly. it didn't turn out so bad for us, neil, did it? i think rupert murdoch put it
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as well as i've heard anyone say it. this is a rage happening all over the world. he was right when he told you this secession movement could be happening all over. we're seeing this in terms of the eastern european countries. my god, i think there is so much rage in washington, you could get half the states who want to pull out of federal control right now. neil: gary smith, murdoch alluded to the fact that the chasm between the rich and the spoor a global phenomenon and the people on the shorter end of that stick, of whom there are many more, are showing global collective rage and there is something palpable going on here. regardless how the vote goes. what do you think? >> i totally agree, and it's a good thing. sometimes quite often change is necessary, in the case of scotland, it's not like i would be delaware seceding from the union. this is a country that has
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enough resources, more resources if you include they get most of the oil, and about the size of a sweden, a denmark, a switzerland. they could make a good go of it on their own. and i think if any country or, i guess we could say united states, if texas or california thought they wanted to, thought they could make it on their own and best for their population as half of scotland does, it's a good thing. >> one quick thing about that. scotland, we should keep in mind what they're talking about, what the scottish leaders are talking about. they're not talking about moving to the right in terms of a capitalist system. the rhetoric i'm hearing is they want to move to a bigger swedish system. it doesn't work. they're making a big mistake. neil: they think that extra money they'll get with the oil revenue will be just theirs, different story, do you agree? >> starting out on a tough
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foot. if the yes vote goes through, they are already in debt. they have to pay -- any further debt they take would be higher than if they were part of the u.k. they're going have their work cut out for them. maybe they can be sustainable on their own, but in the near-term, what it's going to take to get to the place, that's going to mean austerity and sacrifices on the part of the people. not to mention so many scottish companies are talking about moving headquarters to the u.k. if that does happen. that means lost jobs, more economic pressure. neil: i always think that's a threat. >> it could be, from the company's point of view, tax uncertainty, currency uncertainty. there's a lot of variables companies don't like to deal with. neil: gary, however this will go, it will presumably will be close. that doesn't put the restlessness or the secession appetite that seems to be a bit of a contagion, you look at
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spain or quebecers were funding today. it is alive and well. >> exactly. it's not going to go away, you are absolutely right. change is always in the air. and you know some of those issues, you know, about being in debt, natural resources, gets to go back to steven's point. the united states had the exact same issues 200+ years ago. we had a lot of debt, we had natural resources but nothing that we could cash in immediately. neil: very good point. >> we struggled with the same things that scotland may struggle with. and as steve points out, it turned out pretty good. >> it's a different world. neil: gary, he was there! i remember. it's like the old statesman, i remember that quite well. >> you know, we have terrorism across the world. national security issues have changed dramatically, a different landscape than when we first started. neil: all right, steve moore, one way or the other they're going to settle this, and
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whatever the vote, is if the polls are right, and if they avoid an independent scotland, hopefully they can stop with the bagpipes. man, oh, man, covered this for four hours, every segment, the bagpipes, they were on. i've had enough! so what i'm asking you, steve, notwithstanding, what if it is close and there is an undercurrent of not liking britain, britain not liking what the scots pushed them to the brink of doing, the irish looking at this and those in wales and saying me, too. i don't see this quietly settling into the night. >> no, it doesn't, look at scotland leaves, you set off the avalanche and the united kingdom is no longer the united kingdom, it is simply england. this kind of rage, as i see it happening all over the world. the reason england is so important, they are our biggest
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ally in the world, always have been, ever since the late 18th century, and it would be a bad thing for the united states, quite frankly. >> all i know is i talked on both sides, one guy this morning wants to break away, but says if it comes he has to stay, we still love you, yanks! he said it with a little more oomph. all right, don't look now. the guy behind priceline on why many are saying stocks are way overpriced, and a big offering tomorrow could prove that. is that right? after this. guys! you're not gonna believe this!
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. neil: as ipos go, they don't get bigger than this. i bet before this week a lot of you have never heard of the term, the word alibaba. as jo ling kent points out, after tomorrow, most of you will never forget it. >> reporter: it's slated to be one of the largest public offerings in history. alibaba investor demand is high. platform dominate 80% of the
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chinese e-commerce market. the company was founded by jack ma, a former teacher, and sells 25% more stuff than amazon and ebay combined. cowboy on major international brands like versace and disney. alibaba operates similar to paypal. 279 million people use alibaba, more than three times the entire population of germany, and founder jack ma has plans for expansion in the u.s. and europe. but there are risk factors, alibaba is a chinese company registered in the cayman islands so it plays by different rules and future is contingent on the chinese government allowing it to operate. the internet is highly regulated in china. and analysts believe alibaba's ownership structure does not protect adequate investors. overall, no doubt the world will be watching as it begins
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trading friday on the new york stock exchange. neil: jo ling, thank you very much. she will be all over this mega ipo all day tomorrow on fox business. i don't think i ran across anyone who is so immersed in this and all the principles. so you got to catch her coverage. it is second to none. ipo no. investors are bracing for a big start for alibaba, they look at twitter, other tech ipos and beginning to say is alibaba going to suffer the same thing or come out the gate like facebook, tumble badly, maybe claw its way back but it will be quite a clawing back. who knows better than priceline chairman jeff hoffman. grow your business and get your life back. jeff, the bottom line is priceline got in before the tech bubble, and you were sort of prebubbleicious, but now we
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have the bubble, right? that's the concern, alibaba is going repeat the whole bubble thing. what do you think? >> interesting, and we definitely got in before the bubble. euphoria sometimes replaced rational thought. neil: you had a good business model going in, look at this and saying i don't know. >> no doubt, back then there were a lot of people saying let's give everything away, this is the internet. do it all free and figure out how to make money later. the priceline model was do something in the marketplace that creates value for consumers and suppliers and people will pay us for it. neil: did you hire william shatner. >> i wasn't involved personally, but he is great to work with. neil: he was key to having it. >> part of what we tell companies all over the place, brand for personalities. yahoo! and zappo have a great personality. shatner was the perfect person
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to deliver the line. neil: who is the perfect person for alibaba, the ceo, they have a whole bunch of people, 20,000+ people? >> i think jack is a pretty good ambassador. the straightforward style is how they built the business and created value in the first place. neil: seems like a nice guy for a multigazillionaire. he would be the richest man in china, that comes as paper wealth. people are coming at it with a great deal of paper wealth. lose touch or the midas touch or lose interest whether they should have the touch or not. for you, was that the case? how did you police, my god, right now i'm really rich? >> the process of an ipo is very distracting. you are trying to run a business, building a business, and the effort it takes from key executives is very distracting. neil: very draining too, because you are everywhere. >> it is. you come in the parking lot, i
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remember this in the priceline days and the parking lot is gleaming with new hardware, and you say are the employees going to work as hard as they did before. it's another issue. and specifically in the alibaba case, the number is 61% of that equity is going to be controlled by insiders. you're going to have the facebook situation where all the insiders sell off and kill the stock price shortly after. neil: i was thinking of that totally different case and forgive me, but with microsoft wanting to buy minecraft or the company behind minecraft, popular cultish game, and one of the principals, the visionaries is leaving, he'll take his billions and go. how does alibaba prevent a brain drain to say nothing of a cashout drain. how did do you it? >> what happens is you have a certain number -- clearly there are people that once they get their money they're done.
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neil: did they tell you that early on, here are the principals, you're going to get very rich, how do you keep them loyal and engaged when they don't need it? >> usually the people that start the company have something more than money at stake, they want a legacy, they want to look back and say in our case, we changed the travel industry. neil: i want tahiti, you were driven by bigger goals. >> they can buy tahiti after the alibaba ipo. after the money, it's the -- i got money, what's important, respect? legacy? those things are important. and people will stay to build that. neil: you were big, and are, obviously in your travels and what you're doing and written, about keeping people engaged, keeping them jazzed, just being a good person, all indications ma is that way at alibaba.
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he's going to have to double up and keep those folks? >> i actually went over there and met with him and the management team you. >> met with him? >> they were down to earth people. if somebody could pull this off, jack and his team probably could. it's not easy at all. talk is cheap, understanding about what are we going to do after these people get money. there's nothing like the day after it happens. it's all conceptual. paper wealth, until people cash out, you don't know who's going to quit and move on. neil: jeff, great seeing you, thank you very much. don't look at stock, just talk to the business. why rupert murdoch says this economy is not so rosy. wondering what that is? that, my friends, is everything. and with the quicksilver card from capital one,
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neil: all right, always worry when the boss is saying, you know, things aren't that great. that's exactly what rupert murdoch was telling me that things are with the global economy. what do you make of it? >> i think the problem with the fed and the central bank are printing money, there are so many petty regulations at all level of government, it's in the states, fed, state, county, you try to go to a restaurant employing nassau county and you say heck with it, and you have high tax. neil: i cut the bite and he said i firmly believe a lot of financial anchors are overpaid. x that out! what about rupert's point that the recovery itself isn't what it appears to be and the numbers certainly don't give them justice, that it's worse than we're being told.
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back with gary, back with steve, back with veronica. >> he's right. neil: not about the anchors. >> not about the anchors. but i think the recovery has benefitted the top 1% or less than, that the very wealthy. the average person in america, they are feeling insecure about their job. they don't know where the economy is going, they're very nervous. they probably missed out on the stock market gains. so they're not better off than they were five years ago. neil: very good point, it's interesting too, gary b., when people are queried on this, to veronica's point, they don't buy it, which could explain why the federal reserve has not pulled the trigger on hike rates or responding more dramatically to the pickup in alleged activity when it was supposed to be 6.5% unemployment, and 6.1, they're not going. what do you read into that? that janet yellen and company are saying it's not real? >> that's what i think.
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hopefully they're looking at what i think everyone is looking at, and that's the total unemployment, and, you know, that's the u6 number, not to get wonky about it. that number is now higher than when the recession started. median income. neil: explain that again, you are referring the number is overall frustration? explain that? >> no, no, the total unemployment. neil: those who have given up and factor all this in? >> exactly, 14% or so is higher than when obama took office. you have a vast majority of people who have given up looking for jobs. wait a second, i don't have a job, if i did have a job, the other number that is important is the median household notice. every other recession since 1967 at this point in the quote, unquote recovery, that number will be higher. now it's still lower. so people don't have jobs and don't have more money in their
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pocket. neil: to be fair, you could see the recession, what we came out of was not your typical one. what do you say? >> look, if we had the kind of recovery during the last horrible recession in 80 and 81, we'd have 2 trillion dollars more gdp right now. this has been a really flimsy recovery, and been the worst for the people most likely to vote for obama. blacks, hispanics, single women. i have a single note. may i feel? neil: please. >> one of the things i like to look at as forward indicator is the dollar, the dollar has been rallying like crazy over the last few months, and we're seeing this as i think a sign that there's more confidence of global investors in the u.s. economy. neil: i don't buy that. no, it's just a reflection on how pathetic the rest of the world looks. >> can i say something about
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this. why is the price of gold falling? why is the price of commodities falling. there is some sense that the american economy is on a customary recession, i mean, recovery, i keep saying that, and i think we're finally getting there. neil: i didn't want to rant on you. more on the state of the economy tomorrow. texas governor rick perry will be speaking with maria bartiromo. a great live show from dallas on fox business. the list of characters from that fine city. meanwhile, another nfl player just getting arrested on domestic violence charges. what the heck is going on here? here's another typical response, too. we've got all these sponsors who are yelling and screaming about it. not a one backing away from being sponsors, period. you notice something? i do.
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. neil: well, they say bad news comes in threes or fours or fives. when it comes to the national football league, i don't know, arizona cardinals running back jonathan dwyer the latest player charged with domestic violence. you add up anheuser-busch, visa and mcdonald's, voicing their concerns, just their concerns. not any one of them up and bolting from the nfl. robert tuchman on why that might be, why? why do you think? >> listen, the nfl is the king. when it comes to sports entertainment in this country, there is nothing that is going to beat the nfl. these companies now, they see what's happened. like you said, four, five different on the heels of each of them. why aren't they pulling out? it means way too much to the markets of their brands. neil: wait a minute.
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would any one of these names, anheuser-busch, visa, mcdonald's, fedex, would any one of them want to be associated with the game where the team or player in question has such bad press? >> absolutely not. you don't want that. but the brand doesn't look at it like that. people are still tuning in, looking at it as isolated incidents with each player. peterson, rice, yes. child abuse, domestic abuse, when you look at the product of the nfl and how many people in this country love the sport, it's so difficult for them to say, you know what? we're pulling out of this. and that's the reason, i mean, the nfl is a marketing machine, 9 billion a year in revenue. neil: what if mcdonald's -- i'm not using it as an example, the ubiquitous names do, they fear if they pull out someone hops in. >> pepsi pulls out, coke comes
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in. neil: why is it so valuable? typical nfl game generates 17, 18 million viewers? >> radar is off the chart. no sport that compares to the nfl. how you can say i'm going pull my ads, marketing plans, remember all these companies, mcdonald's, visa, next six months of commercials are all nfl based. their marketing plans, everything they put into it is market based. how can we pull this? we're going to hold onto the last second until we have to pull. that's what they're going to do, they're holding on, issuing statements, they haven't pulled out yet. it's reaching a tipping point, public sentiment, if you look at it, it's blowing up all over social media. neil: others are saying this is a feud, this does not speak for all of us, eli manning of the new york giants saying we have to be very, very serious about this stuff.
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you can't mess with domestic violence and everybody should know. that hopefully things get cleaned up and cleared up and guys can learn from this, that we don't make these mistakes. what is he saying, or is somebody telling him to say that? >> there are a lot of players, family men, they understand the significance. this is a major issue, domestic violence, child abuse, much bigger than the nfl. and yes, it's four or five people, maybe there's more, i'm sure there is within the nfl. neil: hasn't it happened before, the cases are coming to light now? >> what's happened is video. five or six years ago, you didn't see a ray rice video. all of a sudden, a guy did this, that. neil: now if we had a michael vick video. >> you know how much? if you saw that, there would be a lot more outcry. i remember the outcry over that. it has to do with social media, people voice their opinions and brands are listening. they have reached a tipping point.
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we'll see what happens. neil: interesting stuff. robert, thank you very much. have any of you gone to the for profit schools, specialty training and the like. they sound good on paper. they tell us wait a minute, they're not all that, and in fact, the government has come up with a new strategy. if their graduates aren't getting jobs, further more are going belly up because they're not getting jobs, the government is going to go after the school. the ceo of kaplan says that's not fair, that's not right. next.
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. neil: so now schools have to worry about what happens after their students leave? if they don't get a job and piling on debt, it's on them. that might be all well and good
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if you were applying the same rules and the same litmus test on how productive they are to public universities, public colleges as well as the for profit guys. here's the thing that's interesting out of the latest miss out of the education department. it will be only for the for profit guys which makes me think it is not fair and balanced. kaplan ceo said schools should not be liable for what the students do after they graduate. if you go that route, the same should apply to public counterparts. >> we are concerned what happens. we spend a lot of time ensuring our graduates have good opportunities, good earnings going forward. neil: with the lousy economy. >> we're seeing proposed administration that in theory is dealing with the cost and the debt. if it did it would apply to all institutions, it doesn't. it only applies to the for profit institutions.
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neil: immediately, that is like red alarm. okay, why the for profit guys. if you go this route, apply it to everybody. >> to focus on the for profits, targeting the for profit institutions, that ignores the fact online competency based, skill based, that comes for the for profit institutions. in addition the debt of our graduate is similar to a debt out of a public institution and lower than out of a nonprofit private institution. >> the fact of the matter is, university of phoenix, would be a target, colleges would be a target, education management corporation would be a target, the big names, why not some of the other big, big schools? is it that you guys are seeing more in the general sense, for profits are seen as a threat to that or you make money hand
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over fist so you should have to bear a bigger load? >> clearly it's a fairness issue, if we were dealing with questions across the board, the regulations would apply to everybody. most of the programs at public institution or private nonprofit wouldn't qualify. those programs would be out the window to see how the numbers are. in addition to that, we're talking about a different student. the student we work with is an older student. neil: specialtyy training. >> probably has dependents, working a couple of jobs. kaplan, our graduation rate is double what the industry is for those students. not only talking fairness, but talking the access. this is a student group that it's very important to our nation and society, and need to make sure we provide access to the students. unfortunately the students promulgated are going to deny access over the next decade,
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7 1/2 million that we need to make sure are educated. neil: i wonder whether the whole litmus test is fair, whether it applied to everyone or not, when it's the economy, stupid, the environment, stupid, you have a bad hiring environment and lately companies have begun hiring. it could be for profit, nonprofit, public, private. you can't fight that. >> well, and today, roughly about 40% of our population in the space of a couple years, that has to be 65%. if we don't provide access or education, we're going to pay for it long in the future, someone on the public and the private side. the way we solve a lot of problems is through degrees. that's why fairness and regulations and that's why access for so many students is critical. and that's the problem with this. we all want to be committed to providing access, to ensure we have a nation that's educated. this is regulation that does the opposite of that.
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neil: be fair across the board, if you do something that sounds kooky, do something that is kooky to everybody. tom, thank you very much. why a twenty-first century fox-time warner deal never happened? the real story that was just in a side remark in an interview with one rupert murredox. -- murdoch. what if a small company became big business overnight? ♪ like, really big... then expanded? ♪ or their new product tanked? ♪ or not? what if they embrace new technology instead? ♪ imagine a company's future with the future of trading. company profile. a research tool on thinkorswim. from td ameritrade.
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. neil: you ever wonder why out of the blue, fox just dropped that offer for time warner? rupert murdoch finally detailing what happened with 21st century fox owner saying the merger never happened for the uncanniest of reasons, listen. >> i'm a bit bearish, i guess, that's why i pulled out of the
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time warner deal. to pay the price that is necessary just for the -- it wouldn't have affected our ratings, the extra buying, but i felt with all the uncertainties in the world, i didn't want to be carrying that degree of debt. neil: would you ever revisit time warner? >> no, certainly not in a hostile way. neil: you had no more discussions with them since? >> not at all. nope. neil: what makes you think whether he's keeping his powder dry for something else. back to fox biz all-stars, gary, steve, veronica. >> better read on the business than i'll have. it is an uncertain time in the world. time warner wasn't welcoming to the offer. you understand his hesitation. also, given the economic uncertainties like it, you take it to a smaller scale, you look at millennials, they don't want to buy houses because they are uncertain about the economy.
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they don't want to keep their money because they are worried about tomorrow. neil: it leaves house hunting and put up a good offer? >> he put up a good offer, the timing wasn't right. there was something in the offing, see what happens in the future, he's got a great business right now. neil: gary, what do you think was going on? maybe he didn't anticipate the unfriendly sort of rejection, or maybe something else was at play that we're missing, what do you think? >> he summed it up when he said he was a little bit bearish. that to me sounds like a traitor and that means he can pick up time warner cheaper. neil: you mean trader with a d -- [ laughter ]. neil: wasn't talking about you, boss. >> in order to ensure, i do the bears this week, and i would
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never say the t-o-r word, with a d works. he could pick it up a lot cheaper if he's bearish and all of a sudden time warner sinks with a lot of other stocks. i know twenty first century news has a lot of cash available, can access debt easily, he might be looking to seek a bargain or as you say, keep his powder dry for now. neil: what do you think, steve? >> i was at the "wall street journal" when rupert murdoch bought the "wall street journal," it was the best thing that happened to the newspaper, it saved the newspaper. the real loser here is time warner because this guy has a magical touch. neil: by the way, no one has come forward to come even close to the kind of figures that rupert murdoch was willing to offer time warner. they might rue that day. >> i was surprised, now is not such a bad time to be borrowing for such acquisitions, we may never see interest rates that
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low again. surprised by that comment. >> mr. murdoch is very cautious, he didn't want to be overburdened in the balance sheet. he's learned from the past and going to keep that in mind for the future. neil: he'll pay handsomely. >> he'll pay. >> what's surprising is how the left went completely crazy, remember when this news was announced that he was going to try to -- to take over time warner. we're talking about the media where there are thousands and thousands of different media out there. the idea that one person, even rupert murdoch can control the airwaves is a silly idea. neil: the one editor, he's going to be in every living room! i love that one. two out of three living rooms. guys thank you very much. all right, moi? a machine, that's not me saying that or trying to tell rupert murdoch that. that's my buddy bill hemmer saying that. >> a four hour show, by the
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way. before the sun came up with cavuto. he's working, he's always 24-7, cavuto. can't keep that man down! >> check's in the mail, bill. anyway, i was on the air at 5:00 a.m. eastern time. after 9:00 a.m., scotland was voting. why did i do that? not just to share my impeccable scottish accent that hemmer is so envious of. i'll explain. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess.
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know that proper allocation could help increase returns so you can enjoy that second home sooner. know the right financial planning can help you save for college and retirement. know where you stand with pnc total insight. a new investing and banking experience with personalized guidance and online tools. visit a branch, call or go online today. neil: they are still voting and counting in scotland. and past midnight tonight, at the earliest. ashley webster joining me now. what if out of nowhere, if they end up going for this yes vote in a breakaway. what are people telling you would be just the reaction or
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maybe the reaction that some fear and others welcome in the event that they do something that is not expected reign breaking away from the united kingdom to . >> clearly been's concerned about a "no" vote. but on the other side, the "yes" side, they will have to establish a scottish constitution, the active union must be dissolved. and there will also be some scientific negotiations with westminster to figure out how to do all of this. so if successful, independence day will be march 24 at 2016. so they will have a difficult point in time to get all of their affairs in place. and they will be happy to do it, and as they say, people over there are saying that we can do
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it. but certainly it will have a vague impact and it will send reverberations around the rest of europe as well. like those in spain, i have in a lot of those with the candle in spain and all of these people being energized by what is happening here in scotland. neil: can they all get along regardless of what the final vote is? a have very heated sides on here and sometimes they seem to like each other, but how do you think at all subtle south? >> well, it is interesting. it seems a very contentious, but people are being civil. they understand that it's for the better of the country one way or the other. some people say that it is a chart because it is really not an issue of who is the biggest supporter of scotland but what is for the future of scotland
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and that is the main question. and so it is interesting to see how this will all finish. >> very interesting indeed. thank you so much. we will know tomorrow and we will be talking more about it tomorrow. ♪ ♪ ♪ >> we don't want them in. >> we don't want them, some say. illegal immigrants and all their children. >> these are the photographs taking last night. >> but what are we going to do about it? stossel: that is our show tonight. ♪ ♪ ♪ stossel: america's immigration rules used to be simple. in fact, for almost half of the life of america, there were no rules and if you were able to get here, you were in. in the 1800s america put

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