Skip to main content

tv   Forbes on FOX  FOX Business  October 5, 2014 9:00am-9:31am EDT

9:00 am
all. love the stock. also, duke energy. you need this in your portfolio. >> i love all of charles' picks. mobile scares me the most. very risky. the government is still saying the horrific beheading in oklahoma was just that, not an act of terror, despite several of alton nolen's facebook page shows several beheadings. it could put more workers in are they right? i'm david asman. let's go in focus. bruce jackson and john tamney. steve, workplace violence? >> this is semantics, david, on
9:01 am
steroids. why the administration has its head in the sand on this is absolutely bizarre and murderous. the administration in terms of terrorism is not controlled by central authority. terrorists know if you operate in small groups, it's hard for them to stop it. this guy was a terrorist, pure and simple. terrorism. >> that's right, bruce. they are still calling ft. hood workplace violence. that appears to be terrorism. doesn't it to you? >> i don't know about the terrorism thing. the guy is being charged with murder. he faces the death penalty. i don't know if oklahoma we can say is the area of political correctness. there was a man in chicago that sabotaged the faa station. what is the definition of terrorism? how do we define that? >> sabrina, it's not hard when you look at his website and facebook page.
9:02 am
everything points to him being encouraged by what he was doing and who he was in contact with. that looks like terrorism. >> absolutely. and i think it's really important that the government recognizes it as terrorist motivation. because as steve recognizes, we had the ft. hood shooting in 2009. 13 people were killed. again we're seeing this beheading. this has been sort of a trademark of al qaeda and isis. let's not forget the killing of daniel pearl in 2002. we need to take this as a terrorist action. >> "the wall street journal" writer/reporter who was beheaded in pakistan. john, what do you think? >> i'm not trying to minimize what was a hideous act. in my view, there are terrible people in this world and if anything i think it's a copycat act. to call it a terrorism act is a
9:03 am
reach. >> i think you have to name it what it is, rich. that's now you staget it out. right? >> absolutely. terrorism is a widely dispersed organization built around ideas and if it looks like a duck and quacks like a duck and if workplace violence is accompanied by jihadism and beheadings, it's terrorism. in ft. hood, 13 people died and the government is still reluctant to call it terrorism. this administration would sooner find terrorism in the ferguson police department than they would with the obvious terrorist act. >> it's tough enough to get them to say the terrorist act. that's what led to the growth of isis, isn't it? >> if you don't name it, you're consciously trying to bury it so it doesn't appear a problem.
9:04 am
the writing was on the facebook walls for thrj guy. this is dishonest political correctness. people care more about their own self regard than the safety of americans that work and their regard -- and how they think about civil rights. there's no more greater regard of civil rights than being beheaded at work. this woman was a grandmother and deserved her safety. terrorists are not copycats. they are copycat killers. that's why we have to focus on that in the united states and wipe it out. >> john, go ahead. >> it reminds me when politicians say, we've got to stop hate crimes. i can't think of a murder when -- >> you are absolutely diminishing it. in israel they would not call it a workplace violence. a good, solid bar for what they call terrorism.
9:05 am
we need to call this a terrorist act fueled by ideology. >> and steve, the fact is that what really is of great concern with the terrorists right now is their conspiracy, they are working together, they are interconnections. we should mention, by the way, we probably have to look at those connections harder than ever before, announced that they are going to have new broad restrictions about racial and religion profiling. probably time to rule that out. >> absolutely wrong time. another example of the administration hindering our own safety and in terms of terrorism, david, thanks to the internqá, thanks to modern communications, you don't need a centralized control. they see what is going on elsewhere, that's a signal to them, try it here, do it where you can so the authorities can't stamp it out and look like the authorities are importaná. >> bruce, it does appear that the administration is going out of its way to avoid calling anything terrorism, doesn't it?
9:06 am
>> i think there was a point brought up about israel having a solid bar. i don't know if we have a solid definition of terrorism.% you talk about this situation in chicago where somebody sabotaged the faa control center with planes in the air and they are canceling hundreds of flights daily here in chicago. >> but is there an ideology behind that. >> we don't know. >> the fact that we don't know is of great concern and that's why the justice department and entire administration should be working hard to make those terrorist connections. because if there is a connection, we've got to stop it now. >> oh, absolutely. and we need to stop these attacks before they happen. the whole point is that they are members of al qaeda, members of isis who are trying to radicalize americans so they can come back to the united states and create this )r'd of harm. and we don't know if this is
9:07 am
actually part of an organized effort or not but we need to try to put those dots together and i ex(ect that we will see more of them. >> sabrina brings up a great point. there are hundreds, maybe even thousands who have access to u.s. passports and green cards who are going to come back and try to disguise themselves in these community centers. so we've got to find out which ones are good and which ones are >> if someone does not believe that there are sleepers in this country, i think that they are absolutely naive. and it turns out that there are a lot of connections to these apparently unconnected murders. the ft. hood murder was in contact with a yemenese terrorist, it turns out. we don't know if this latest killer was in contact. it remains to be seen. but he certainly was absorbing ideas from isis. >> right after 9/11, there were calls out from the government, from the administration. then the bush administration, for workplaces to real&y be
9:08 am
vigilant about who's doing what, particularly if there are any terrorist connections. bush had no problem using the word terrorist or words on terrorism. should the workplace be a place that does focus a little more on paying attention to these things? >> you don't want to be overly intrusive, david, but if a person is out there trying to convert people in the workplace, you might have a problem. you ought to look into it. the name should go on the radar. those are basic, commonsense things. you don't have to snoop. the guy is out there soliciting, as this guy was, when you look at his facebook page, you can see this guy has a problem. >> sabrina, i don't want to open up a whole can of worms here but this guy was stopped by doing more harm by an administrator who had a gun. the gun was responsible from stopping this guy from committing another beheading. he was already stabbing somebody else. what does that tell you about whether we should be that vigilant in terms of allowing
9:09 am
guns in the workplace? >> well, i was amazed by that. you always hear about these different stories where guns have stopped violence and this is one of them that we haven't heard a lot of reporting on. i think it's going to be left up to individual businesses if they want that kind of environment and they have to be transparent with their employees about it. it was an interesting part of the story. >> bruce, go ahead. >> i don't know about guns in the workplace. that's all i'm going to say. i don't agree with that at all. >> meanwhile, massive pro-democracy protesters in hong kong catching the world's attention. but if you think it's all about china, think again. how it could impact jobs right here in america. that's next. ♪"in the hall of the mountain king"♪ ♪ [beeping on the computer] peter come take a look at this. [beeping sounds are more rapid] [beeping sounds are even faster] mr. daniels? mr. daniels? look at this. what's this? the numbers they keep getting bigger and bigger. the clicks are off the charts. yeah the clicks are off the charts. yoshi, i'ts walt. we're back.
9:10 am
yes sir! hi. [spoken in japanese] let's go! let's go! let's go! [spoken in japanese & english] i need more trucking. more shipping! more shipping! i need more trees! more trees? i'll get you more trees. hey! take a look at wood pulp. whoa. everything you got on wood pulp. right now! ♪ yeah! he really loves that thing. "hello. you can go ahead and "have a nice flight."re." ♪ music plays ♪ music plays
9:11 am
traveling can feel like one big mystery. you're never quite sure what is coming your way. but when you've got an entire company who knows that the fewest cancellations and the most on-time flights are nothing if we can't get your things there, too. it's no wonder more people choose delta than any other airline.
9:12 am
9:13 am
hour withamerica's news headquarters." now back to "forbes on fox." a clash in china. it all started with the government dictating which
9:14 am
candidates could run in the local election. now some say here that the u.s. should embrace free markets more, including opening its doors more to us, to u.s. companies. chinese companies, for example, alibaba. that could mean selling more u.s. goods over there and creating more u.s. jobs over here, right? >> well, i think it could be but in china, the u.s. could bring a little heat here and bring tariffs to trade or something like that but if they are not treating their workers well, it's a danger to u.s. workers. >> and rich, more to the point, they are accusing them of all kinds of monopoly behavior when they are not the monopolist.
9:15 am
they are not treating us the way we allow them to be treated here. >> yeah, but global trade is really valuable and should not be screwed around with. and so if there is going to be pressure put on, it should be behind the scenes, a big s(q'e shouldn't be made about it because trade wars are bad for t$e global economy and lead to shooting wars. by the way, the big telecom giant in china spent about $10 billion a year selling chips for qualcomm and we don't let them compete in the united states. >> maybe. but compare the way the chinese govq)nment treats our workers. that's because the government allows them to have that -- >> yes, that's right. >> i imagine if amazon tried to get in, they wouldn't be given open doors. >> this is the people of capital
9:16 am
lichl that we' ism that we're talking about. it's not a perfect form of capitalism. this is state-sponsored when you have a country that can micromanage down to a family, of course they are going to micromanage businesses. surprise raáes in china, even the american chamber of commerce did a poll of businesses and found that 60% of the businesses feel less welcome in china and about half feel like they were singled out for attack. >> right. there's the chart that shows it. clearly businesses operating in china, steve, are not being treated fairly. the president goes to china, by the way, in november. he's going to be meeting with the great leader over there. shouldn't he be sort of twisting the guy's arms? maybe behind closed doors. as long as it is done. >> you don't want a trade war. we have the world trade organization where you're
9:17 am
allowed to file complaints if you think that the chinese are not behaving. there are other things we can do. for example, how about getting our economic act here at home great power again instead of a shrinking giant, having a real presence in china so there p)e various things that can be done. you don't want a trade war but there are a lot of things that can be very effective. >> let's just say, we are all in agreement. you don't want a trade war. that's easy. the fact is that the president, ját of his jobs is to be a cheerleader #or america, a cheerleader for american businesses. do you trust hrs to do that when he goes to china? >> well, i don't think that's his job. >> sure it is. >> alibaba went public in the united states and was great for u.s. markets and even better for pi don't think it's a legitimat
9:18 am
function. rich countries keep their markets open to foreign goods. that's what the u.s. should do. let's not make the same mistakes they are making. if they want to treat us badly, that's fine. >> i'm not talking about treating them badly, bill. i'm talking about treating our companies with respect. it is the job of the president to be a cheerleader of a strong dollar, a strong economy a'd strong u.s. businesses and to represent that as a chief >> listen, when china engages in protectionism, our competitive instinct is to say, we've got to retaliate. but that's the wrong instant. free trade is good. and china, in effect, impedes trade, it doesn't make it better to put rocks in our harbor. >> i think we do challenge the
9:19 am
chinese to treat our companies fairly. >> listen, foreign investment in china is at a four-year low for a reason. there is political harassment and retaliation. >> we all agree trade wars are ut we agree to disagree on different points on this. coming up, concerns about who came in contact with an qbola patient in texas. is the best way to keep ebola out of the united states by banning all flights out of west africa into the region. and the redskins u(roar may be over.
9:20 am
my mother made the best toffee in the world. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. i never really thought i would make money doing what i love. we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. your customers, our financing. your aspirations, our analytics. your goals, our technology. introducing synchrony financial,
9:21 am
bringing new meaning to the word partnership. banking. loyalty. analytics. synchrony financial. enagage with us.
9:22 am
9:23 am
so just saying the word "redskins" on tv could get you fined. the fcc thinking about taking up fines to ban that from the airwaves. >> the real scandal about the redskins is why they haven't won a super bowl in 20 years. and the football great has it absolutely right when he said we should be focusing on real issues. the administration wants these side issues to get us off the economy, off the middle east
9:24 am
while this is unfolding i agree we have to focus on bigger issues. there are limits to the first amendment. you can't yell "fire" in a crowded room and i think it's offensive. you can say whatever you want in your own home, but this is different. >> but sabrina, comparing it using a word like redskins to screaming fire in a crowded room, i don't think there's a comparison, do you? >> no, i don't. the fcc has a right to regulate indecent content but i can tell you, there is indecent content and i can be sure that the fcc is not going to come after democratic and say that they are doing anything wrong. this is political correctness
9:25 am
run awry. enough is enough. there are market forces to determine this. >> and bill, it's the slippery slope sort of thing. it will go on to other things. >> the broadcast spectrum should be treated as private property. listen, when you have a deed to your house, you don't want to have to review it every four years. i think somebody who owns 100 mega hurts to 200 megahertz shouldn't have to renewhertz to shouldn't have to renew anything. >> it's a name that the american indians are proud of. they don't want the name taken away. this is political correctness run amuck. it's just awful. >> i disagree with you.
9:26 am
the polling is very flawed and biased. most don't even have a phone in their home. let's change with governor norquist said, the washington reagans. >> the logo is a very proud ipd general. at least the logo should remain. coming up, who are the wealthiest people in america? "forbes" just released the "forbes" just released the wealthiest names. you know what my business philosophy is, reynolds?
9:27 am
no. not exactly. to attain success, one must project success. that's why we use fedex one rate. their flat rate shipping. exactly. it makes us look top-notch but we know it's affordable. [ garage door opening ] [ sighs ] honey, haven't i asked you to please use the -- we don't have a reception entrance. [ male announcer ] ship a pak via fedex express saver® for as low as $7.50.
9:28 am
9:29 am
a forbes 400 list is out, ladies and gentlemen. first, get the names to help you get on that list. >> this is boring conglomerate. >> it's like watching crab grass grow. it hasn't moved since 2011 levels. >> flow serve. >> we've got a lot of industrial and oil company execs on the
9:30 am
list and they pump the energy sector. also, for water and renewables as the global economy grows so popular. >> this stock is way too ex p n expensive. the hospital in texas let a patient go home after, a, he showed symptoms and, b, he just told them he flew in #rom africa. not exactly stopping ebola in the tracks, right? plus -- >> we've been taking precautions get on the plane to the united states. >> how is that, working out? now that ebola is here, is it time to ban to and from the country? and then, oops, he did it again. president only playing the blame game. first the economy and now the isis crisis.

79 Views

info Stream Only

Uploaded by TV Archive on