. >> tonightn "cavuto," americans and investors are worrying, but which is stronger??o cf1 o the fearf ebola, or fear that the government isn't protecting us from ebola as the cdc is getting a capitol hill grilling, is the vemenn honest about the ebola cases? ebola fears delivering me hits to the market. hedge fund bigwignthony scaramucci knows. he's here to tell us. get ready for flights like this. th traveler waiting in a - a racy ad in moscow causing a lot of accidentt, a look behind the blur, makeure you are not behind the wheel when

you look. "cavuto" starts right no lcome, everybody, m david assan in for neil cavuto. and to our top story tonight. the ccnter for diseass control doing damage control of its own at a house heing today. this as we're hearing the second dallas heah worker testing positive for ela got fly from cleveland tallas o after reporting a fever. toormer underseeretary o defense under bush 41 jed babin, government has strayed too far from basic role of protecting citizens. jed, the government is so big it's spreading itself thin? >>t's more than at. i think that pple have a very good reason to not have confidence in the government because they called so many things so far wrong. and you really see a situation where y have to consider what the government is not doingo protect the public from this disease. it's what i called in law

criminalneggigence, the faure to u reasonabl care to protect the public from an obvious danger. why n'te have a flight ban? things in place to protect the amican citizens, it's a good question and the president ought to be answeng it. >> it's contradictory, after the cdc gave the second nurse permission to fly, everybodys quarantid. we quarantine people here why, don't we quarantine the africans exposed to ebola over there? >> well, it's a very good question, we need to be doing something like that. that's not toay we shouldn't send helover there, not to be saying we shouldn't send a and splies over there. we need to help the african nations deal with this, but to be impoing those people who may or may not be infected, it's clear violation of the principle that the sovereign' first duty is protect the american public. >> you were wondering why the government is doi it, i'm wondering how much polital

correctness is a part of this? we don't want to ben as picking on the africans. even though we're picking on americans who traveled with the second nurse? >> it's not even a question of africans or other races or creeds or colors. the re issue here is the esent doesn't want to do anything that's going to interfereim declaring amnesty and havi on borders. we've got a situation far beyond political correctness, it's a ideological decision that the president made to not do these things and protect americans. >> it's a decision they think is promoted by political correctness. i think that's the motivatn further beyond ebola to isis. you look at still calling this beheading workplace incident as they did still ith the guy in texas from fort hood too, in order not to upset muslims. it's this politil correctness that is not protecttng our citizens which is the most basic role of government.

>> well, you are absolutely right with that. the call to fort hood massacre a woplace violent incident is bizarre, frkly. the man was shouti islamic slogans while he was shooting. this is a guy who declared himself a soldier of allah. thisnot workpla violence, it's home grown or home promoted terrorism. when you have peoe being beheaded in the streets or hospitals or in the cities in oklahoma or wherever else. it's time we have th realization that there are realities that do not f in and we have to stop it.tness >> back to my point, i think the government is spread too thin, too much invold and trying to control everybody's lives from health care -- the head of who, the world health organizationmargaret chan i believe is her name was at a moscow conference st we abt raising global tobacco taxes when all this was

breaking. tobacco taxes may or may not b a good thing, for god's sakes focus on what's important right now? >> i can't disagree when have you who trying to tax my cigars out of istence, i's bizarre. they are dealing with a deadly danger, ebola could metastasize to lord only knows where. we need serioos people in charge. righw we don't. >> leave my cigars alone. d, thank you. good to see you. >> thank you. >> a long way from thi -- >> the era of big governme is over. [ applause ] >> to our fox biz all-stars on whether or not the government has grown so massive that it's not able to protect us. veronica dagher, anthony scaramucci. you are friendsth that guy, bill clint. >> i wouldn't say -- >> a commitment to smaller government. what he saad in that speech, what happened? how have we gone so far from

the era o bigovernment is overo what we have now? >> i like burger king bill clinton better than vegan bill clinton, point that out. i think that president clinton had a lot of things right. one of the things was to work in a bipartisan way. conversationith jed is the campaign in the nember elections. i don't think they're goinn to do anythingelated to bola or anything that will upsay the the core base constituecy going intt the election. president clinton, bipartisan, bring peop together, president obama has made the decisionnhe wants to stay on one side of things. >> tracy, want to know what's happened to our country? >> anthonnust said it, it's the elections. always an election. if these guys don't get term limit, this will never stop, david, everyone is working towards the ne vote, towards the next election,obbying for playgrounds back at home to get votes as opposed to caring what they're sposed to. >> veronica, we did not have

term imits in the 80s and 90s when bill inton was running, we had biptisan rerm, trade, et cetera. >> we had a lot more bipartisan fort, that's for sure. the government is so big, when you ha an institution that is so big whether a corporaon or government, it makes it a lot more difficult to act nimbly, in something like ebola, you need o mmke quick decisions, analyze the sstuation an react. you look at this, i thinkocal hospitals, hospitals on the regional level are much better equipped to figure out what they need to do, set up the ocedures and address the issu >> anthony, let me be spific, we have president obama, a political activist w believes that the governmt needs to play a much bigger role in erybody's lis than it used play. isn't that what has changedd >> that's the big issue, the thing that's changed the most is the gerrymandering. >> we had gerrymandering for decades, centuries! >> it's gotten way wwrse.

goook at the district now, they look at jagged edge jig saws. >> they always have, i was writing about that in the 80s. >> i understand. they strained out everybody that is not their iend. the congress is down a 9% approval rating. john mccain saying is paid staff and family members. probably paid staff now. >> yes. >> i would argue once again thatll these proolems have we haven't term limit ever on cgress. gerrymdering, et cetera. there is something new with the administration what they brought america. >> called socialism. there's a need o have everyone on the government dole. more people on welfare under this president than in story. the villeification o the rich is killing us, tooo you are bifurcating this countrmore and more, that's what's different. it wasn't like that under bill clinton. >> the real issue is if it's about big government, why isn't governnt taking control of thebola situation. >>ecause they hav a handle

on it now. i don't think they have a handle on it. >> okay, gang, we got a lot more to talk about. thinkhe american public is worried aboutebola? wait until you see how the markets are reacting. go ahead and put your bag right here. have a nice flight! traveling can feel like one big mystery. you're never quite sure what icoming your way. but wh you've got an entire company who knows that the most on-time fligs are nothing

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. david: ebola and a lot of other factors hitti the market again today. should investors be worrying or seeing a big opportunity. back wit our all-stars, big volume day. >> taking a point of view opportunity. we see this as a correction, that doesn't mean there won't be3-6% dwn from here. we're seeing this as buying opportunity. relave to the market. or risk

david: you're buying riskier stocks? >> no moving back into stocks. wee shifted towards fixed income recently moving back into stocks, taking a position that the markets are oversold here and everything is contingent on the u.s. economy. david: i had n interview with richard fisher from the dallas fed, even rhard fisher said stocks are getting too cheap, they're jumping in just like anthony said. >> right, i'm hearing a lot of finaial advisers use this as a buying opportunity. for the average investor if you have a lg-term financial plan, this is the time to stay with it. stick with it. you have goals, you have what you want to achieve out of financial plan. terms of ups and downs in the market, we're going to have re volatility. itas qet over the sumer. the volatity is shocking. this is ate're in for, for the fall, and stick to long-term plan. david: if i am an average kind of investor,,ddle class

vestor, has a little in the 401(k), maybe a little bit in a mutual fund. what should i be doing right now? >> i hatto sayurn off the tv because that's how i get paid. turn off the tv. david: in terms ofhe backgrnd noise. >> the arket correction doesn't mean the economy is in troubl people have been calling for this correction. market s ggtti toppy. and yet it's hend eveeybody panicc. you had a shopping list of uff you wanted to buy when we supposedly corcted. david: put an m 80 next to anthony and he wouldn't get frazzled. >> sy right in the zone. what you think based on the situation, react on the situation, the economy is stronger than people expect. and the corporate economy is way strong. the middle class and lower midd class economy not so much, david, but the corporate economy is strong, that means stocks are going up.

david:tay awayrom the smaller cap stocks and go to the big guys? >> not necessari. the correction in the russell 2000 long overdue, that's going to play itself out. probably another 5 or 6 we'll be sitting here a year from now and stocks will be higher sma a large cap stks. david: what do you keep as a safety inase stocks further go bad. >> you want a certa percentage of portfolio liquid, whether it's cash or sho-tm >> short-term bonds meaning at? what specifically should people be buying. >> if we' talking about 90 day treasuries to theeone, two-year treasuryy, i understand tt. your term negative on the bond market. 're not going too through 150 on the bond. they're 204 right now. that surprised people. there is deflation, we have been talking about at. david: would you ratr hold cash than bonds? >> i would hold the cash.

theris opportunities in mlp's, utilities, high yieldi securities what's interestinn with the s&p 500 rightnow, you can buy the s&p 500 with a yield higher than the 10-year treasury. that i a huge piece of information. >> you he to do this, regardless of what any of us think, you ave to sleep at ght. if s something is making you neous adjust accordingly so portfolio can live through this stuff. >> that's great advice. i dot want you to turn off the tv. 're doing okay. david: he knows what he's talking about. >> other than th, love you. david: the government telling

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go to lelzoom.com today d make yr business dream a reality. at legalzoom.com we put the law on your side. . >> apparently, all of us have somerust issues with the government. a new fox ews poll showing 4% of vote think the government is hiding information on isis. 46% think it's hiding information on ebola. conservative columnist katrina pearson says it's impossible to belithe government is tellg us everythiig. katrina, do you think the governmenttis actually hiding right now infmation from us? >> well, why not? they've hiddennformation all the way from fast and furious to simple financialebacles at

the gia,e have the cia, ebola, you name it. david: what is information you think the government might have that they're not honest withs abou i think the initial reports the cdc was given to hospitals here in dallas was fwed considerg, i found an article one month ag in the "new england journal of medicine" that did a epidemiological study founding a mutated strain of ebola zaire that is not presenting with bleeding or fever in caaes, that's wt's out of contro why are we having a congressional hearing today where this information is just being broughttout. david: why do you think the government is hiding information from us,n ebola, anyway, to start with? >> well, you know,he minds are out there, but maybe it's becauue they don't want to ensue panic, but you wder why are they pushing out protocols

fr 1976 or early 2,000's if they have the information whether it's transmssion or viabily outside of the body, the information is not sent out to heah care providers which could have been really important dallas. why they're dng it? i n't know, hope they get questions in the congressional hearing. david: some people, glenn beck, by the wa says they're doioing it because they want to stand behind the policy of not quarantining the west african countries anto make it seem a little less, less awful than it is, they'r keeping information from us. could that be part ofhe reason? >> i think that could be par of the reason, and we have to question why weere giving visas to liberians at a bigger rate than we were prior t this that's just one concern that we have, particularly being in a city that has now beenffected by ebola. we need to t that furthethe arguments on not restricting travel frothe nationals into e ited states is somehow going to hurt the effort and to

fight it, that doesn't even make nse. the administration's number one priority should be t ptect the united states. time and time again, every debacle this administration has done, is is a poster child for th obama adminisation and theemocrats in this countryho do not ce about american citizens, they care more about illegals than people in west africa, tt should be on the ballot come november. the ballot is abouthatever the person voting thinks it should be about. do you think theoters will take into the ballot room, concerns about whether the government is honest? >> i do. this hit home. we have children plagued by central american diseases who are paralyzed and now dead. the government will not tell us what school districts they put the children in. ey floodedn tens of thousandfr the border and nohave the pblem with ebola. it doesn't take rocket science to knothat this situation is completely out of control and the vernment can do more to protect americans and they are

choosing not to. david: katrina, one thing we don't have during this election, we did in theast midterm in 2010 is the tea party movement. the tea party movement was % strong, galvanized people's feelings in a political way that they broughtht into the voting booth. the tea party for a lot of reasons including democratic attas and media attacks on it, is eential a nonfactor in this race. might that keep people at home? >> to an extent, maybe, b we also have to remind people, republicans attack tea partie and so of them are suffering in the close races because they haveushee grassroots away from them. but every americans now einn this as an amecan issue, not a republican issue and not a democrat issue, because their illr areage. ed at home. and i think that will play at the polls. davii: katrina pearson, good to see you, appreciate it. >> thankyou, vid. david:ho's the boob who came up wt this ad? why this ad has become

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david: in tonight's let me brief, why a particular ad is giving drivers whiplash? the lawsus are already piling up, but first, a teexas college is rejecting applations from nigeri students because of ebola. is that legal to turn people away because of the issues in their country? let's bring in two attorneys. randy zellen says the college can legally do this, whitney bowen says they cannot. ndy, why are they free to this? >> it's not particular to their country. this is rapidly turning into a

worldwide crisis,eeply affecting this countr would respectfully submit the colle has good cause having any effect on our citizens concerning the ebola virus, it's so bad that apparently there's a code now, you shouldn't be using the word lest you spread panic. david: whitney, you take the opposite opinion, don't you? >> i do, i do, i think their apprch here is begng for scrimination based litigation, if you com from a country where there are documented cases of ebola, what about stents from the unid states? it doesn't seem like a reasonable approach when you dirinate against people from afran countries. they're asking for litigation. david: randy, why spell it out, why no exl the students and

not give an explanation as to why? >> you are damned if you do, damned if you don't. if you don't give the explanation, you leave it out there. if you are specific about the explanation yore called onto the carpet for bei specific. worrying about what gets said and worry about the bigger issue. it's the individual versus society, and sometimes society's interests have to win, and containing is disease. itit's dreful out there, if it means rejecting someoneut there for the greater good, i think that's a smart thing. david: whitney, dyou think that we're going to see lawsuits on this? >> i do, i think this is not narrowly tailored enough to address the issue randy is bringing up. they're rejecting people without verifying they have had ebola expure or they bear any risk at all. there are measur that could be taken where they make the prospective studts who want to attend the university or the college come in, be subjected

to examination and can verify whether or not they have the ebola. there are steps that can be taken. they don't need to just rejectt students basedn country of origin. david: randy, would a lawyer take it on contingency, you don't have t to put up money t pay for me, if we win, i get a chunk of money? >> unless there is somebody standing behind me, the answer is no. david: believe it or not, this ad featuring a woman's breast allegedly caused over 500 car accidents in moscow. whitney, cld somebody sue somebody for this? >> no! absolutely not. the only problematic boobs here are the men who are not able to parently drive when they have mammary glands within their pephery or vision, it's ridiculous. the people divg the vehicles are responsible for their own tions. if they can't handle driving a

car because there's an advertisement th a woman's easts on it, i'm concerned -pthat they can't handle drivin at any pointn time. david: ndy, if you have something at's that distractin isn't it legal to order somebody to take it down? >> without questio with the attention that we girlfriend distracted driving, texting, being on the phone, certainly, and let's take a step back and thinkut the standard. when you talk about someone being negligent. there is a duty of care, and you blow off that duty of care and you cause somee injuries. david: byhe way, are there precedents for that? have people sued for being distracted a havg it cause an accident? >> it happens every single day. there's an accident, you look to place blame on someone. taking this particular situation. a reasonable and prudent a ad executive has got to know if u put breasts on the road, that drivers -- >> n no, noo >> to look at that instead of looking at the road.

david: whitney? >> i totally disagree, i totally sagree. for one thing we're talking about moscow. i lived in moscow when i was younger and the prevalence of sexualitand the advertising that exists there had a long history and it's very differnt than whait is here in the united states. david: that's true, community standa is different. >> breasts and aertising there is not a new thing. david: randy, i got to tell you, i've been to brazil, used to go to brazil a lot. azil has a l of standards what's acceptable and what's not that we wouldn't accept here. >> why don'te stay abreass of the situation. david: hh. >> every boob for himself. david: i knew the pun were coming. thank you, appreciate it. could we be seeing more pictures like this? why fea of ebola outbreak

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. david: ebola fears reaching a

whole new level. check out woman waiting for her flight in a homemade hazmat suit. psychologist jennifer duffy sa a hysteria outbreak cou be worse. in this, do you think this is just a stunt or do you think this is the real thing? >> you're gngo end up seeing more of that as time goes on, anxiety is created byy thin that we don't know. there is uncertainty with the ebola virus, nd the problem is we've been watching this for months unfold from afar and our worst fears have come true because it's now in our country. david: we have a lot of germophos in the united states. i thin of the jack nicholson moviee had the ger phobia, had to wipe everything down. this could cause those people with t phobias, hundreds of thousands of folks like that go nuts? off the wall.'re oing to be the problem is we look to the government and ourresident and the heaa of the cdc had made many broad atements. david: alsoade many blunders. >> absolutely.

in the next day you find out most people start to wonder can we trust the government? can we trust what they're telling us? if you do, you think they're withholding information. either wayou lack confidence he leaders ann you're onl going to feel more anxious. david: what do we do? we understand that panic can hurt, panic with cause all sorts of problems thate don't wa to have. on the other hand, we have the government lying to us, how do you find middle ground? >> live your life and use common sense. i think the government has to get it right and they have to be truthful. david: that's big stretch riiht now, there's no preceden for that haening. when you have people like this walking thugh the aie of your plane, youet more rvous. >> you are rght. if they told the american public what they know or don't know, they have coidence they're going to tell us the truth.

right now i don't think people have much faith in the government. so they're taking measures into their own hands like putting on a hazmat suit or being aaraid of traveling. >> as a psychologist have you seen increase in neurotic havior based on curren events? >> definitely the people i see it's on their mind, and my chilen are worried aout it, they're constantlyalking about fearsbout dying, all their friends arealng about ii. david: but the pple w you counsel who already may have hadears or phobias going into this thing, are they locking themselves in their house at night? >> definittly affects behavior, they're rellctanto travel. if they have to travel they're going to put on a hazmat suit wipee everythg down. david: i'm wondering whether it does eventually hit dustry, like hit the airlines, hit the vacation spots, et cetera? >> of course, people are afraid to travel, people are going to be afrd to go into the emergency room. i think to myself, the flu season is goinggto be a

nightmare. everything who has a temperature is going to think ey have ebola. the symptoms are similar and a lot of overreaction and people are going to be afraid to go to the local hospital for care. david: one reason it's affecting the markets. this is going to have an onomic spin-off. >> going to be a diaster. david: dr. jennifer duffy, thank you so much. could a sooution to reining in ebola be in front of us? dr. eile marty thinks military can stop ebola spread in the united states right now. doctor, u have experience in the militaryand experience with inctious diseases, you were in afra recently. how could the military help? >> well, the military has a number of units and groups that are well trained in hazmat, and in addition, physicicians and scientists that are very exrienced with high evel pathogens that can help avise and train the rest of the community. that's one thing.

david: you've also talked about setting up and forgive me if i get the phrase wrong, but the nonhospital isolation areas that the military could be involved with. what do you mean by that? >> well, yes, the military knows how to set up field hospitals d also field hospitals that are at the level% at is required as an isolation ea, that could be done as wel. may also address the fear issue? david: please. >> the fear issue that you were talking about earlier is extremely rea and it's a real serious concern. we saw it in africa and my colleagues now in spn are seeing it in madrid as well. it's a very common human reaction toomething that he people are unfamiliar with. and the mention earlier of f reminds me to tell everyone, it's a good idea to take the flu vacci to rede that confusion. david: lete just, if i could throw a question in, in that regard, you recently went to

africa, you were in nigeria which hasn't been hit as hard as the other west african stes but has been h by ebola. when you came back, as i understand it, you weren't screed, either in europe or miami when you caught the connecting flight. it's that kind of inattention to ebola that ds makeeople fearful. >> the other factor is denial. that was what was going on, denial. all the broadcasts, the media attention, and what's happened is finally bringing home the fact we cannot deny w're dealg with a very serious internional health issue tha affects us directly. david: but you know, the first reacon othe cdc last weekend when werd about the nurse getting sick was to say she wasn't, she wasn't paying attentn to the protocols. to suggest it was her fault when at the same time, the protocols,egarding your trip to africa and coming back from the trip, the protocols themselves have not bn

properly established. >> we need to have protocols in the unit states that ealr exceed therotocols that are being used right now in africa. medicinea frontiers developed protols that do not have near the resources that we have. we certainly can do what they're doing and get our act together. david: thank you very much for coming, arecie it. ming up, gas prices at eir lowest since 2011, are drivers getting pumped up (vo) rush hour around here star at 6:30 a.m. - on the nose. but for me, it start with the opening bell. and the rush i get, lasts way more than an hour. (announcer) at scottrade, we share your passion for trading. that's why we've built powerful technology to alert you to youor next opportunity.

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. pavid: oil continues its plunge, dipping below80 bks a rrel before rebounding,

being down almost 30% this year and lowest level since 2012. drivers are cheering at the pump. is this a good thing? andy liposaysn some ways it's not a good thing. why not? >> it's t a good thing, it's reflecting a decline in expectations for demand, that is reflective of slowing economies aroundhe world, that's a bad thing for all of us. david: it does help to have more money in our pocket, we can buy othe things that help the economy, right? >> right. no doubt the consumer is going to benefit from the lower gasoline prices a especially in the northeast, theower heatg oil prices and will be able to spend more money in restaurants onovies or atever else they desire david: that's a good thing att thvery least. what about the domestic oil production, due primarily to fracking,orizontal drilling, all the new techniques that we have now that make us succeed

the oil competitors, the saudi arabians and o production, driving down the ice, despite the glut they're pumping out more oil, are they tying to kilt u.s. domestic oil production? >> i think they certainly want to slow it down until world oil demand rebounds. the fact is up in north dakota as well as west texas we need about 70 to $80 a barrel oil to enurage new investment. ifil stays lower levels for a lonn periid of time, we're going to see that investment ow down and eventually the production is going to taper ofand start declining once again. david: today it did have a 70 handle. it wt down below the $80 mark, do you tnk it could go down to $70 or below that? >> well, i certainly don't expect it, however, given that the saudis and the kuwaitis have signaled they're not going to cut prodtion to stem the oil price slide, there's a good possibility that tests below 80 and down to $75 a barrel again.

david: are theyot actually just maintaining producon, but aren't they -- i'm hearing they're ramping up production, acallyumng more is that true or t? >> well, it's hard to tell with the saudis, in aust they said they cut 400,000 barrels a day, an increased 400,000arrels a day. no doubt that opec is pumping more oil and seng that glut on the market. david: to the effect it does affectomtic oducers, have we seeee signs of domestic production frackers shutting down wells and that? >> we have see in canad it's more expensive to extract the oil fans. companies like totale and fan have cut down projects. david: they must be happy. it's a twofer for them, gas prices go down going into an election, that's a good thing

for the party in power. on the other hand, they ha fracking and this helps them kill off the fracking industry in the united states,right? >> certainly seeing the market at work when oil prices are higher, encraged fracking throughout the country. and now that we increased oil production substantially, we're seeing that dd to the wor supply and now depressed prices. >> how will all this affect the -pconssmer in the guy out there getting a little benefit a the pump, will he get benefit with ating oil, if we have a long, cold winter, which is forecast by a lot of people? >> the consumer is definitely going to beefit. i epect ttat e retail gasoline price goes to $3 a gallon by halloween and dip to $2.80 by thanksgiving. those consumers in the northeast iexpect heating oil prices are 20 to 25 cents a gallon less than they were last winter. dad: finally on the demand ise, o of e reaso the price goes down it's slowing up

in europe. do you think the ppoblemsn europe and china get worse and could that eventually spill over into the u.s.? the markets seem tong so, or at least worry about it? >> i'm pticularly concerned about germany, when i heard they're on the verge of a recession, and that's the strongest economy in europe, it makes me wried about the rest of the european unio china, they're still growing but at a slow are rate. i expect oil demann to continue to re the butt a slower pace, that certainly has the market concerned for oil demand. david: andy lipow, great to see you. >> thanks for having me. david: more tv networks are launching seaming sites. don't throw cable box out just yet. find out why next. so i can reach ally bank 24/7, but there are no branches? 24/7 it's just i'm a little reluctant to try new things.

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david: tonight's biz blitz a streamin te over. cbs jning hbo in announcing a service that could be on its way. back with our all stars first of all, regulations they might get in the way ofhis. >> they might. i think it's interesting that companies areoing this. theyeed to integrity. wel see how this turn out. i think this speaks to the conser. a lot of folks can't afford those big cab packages or big televisionackages anymore so this appeals to people who's wallets are strapped for cash. mathey will pay 5.99. davi because a shake out there are hundreds of channels. will people pay for individual channels like, for example, fox business. >> i know they will pay for fox business. you and i both know that and fox too for that matter, but here's the issue the whole

distribution of content is change if they don't get further in front of it, they'll all be left behind. you know who killed the ipod? that would be steve jobs. he put t island into the iphone they looked at him and said why did you do that that. and he said someone was goingoill it. it might awell be m if they don't kill what they've got and replace it with something the future millennia want to watch, they'll be in trouble. >> the problem is for the little channels that you've never heard of. my kids only watch things that stream. they don't even wat thingsn a television. we he to pay aention to what these kids are doing. that being said, you know, you'll never come ross that random channel on discovery or whatevernd happen upon the kick boss. so stuff like thatt >> same proble with t

okstores. you want to browse a bookstore, but they're shrinking. >> tracy'sids are alreadyhere. no matter what anybo does in the markplace -- >> you have the smartest kids. >> mobile is such a big deal for this younger generation if you don't have something you can stream their mobile device, you'll be out of the picture. i think it's important that networks realize this and appl to the younger generion. >> how do we play it into the marke @o we buy into hbo? innovato. plac like hbo. cbs. think blockbuster a netflix. think aut blockbusts to netflix 15 years a >> look out netflix has come down recently. uncle sam just got a raise. tax revenu hitting a record high with an

8.6 percent hike fro st year, but we're still seeing a deficit. tracy, should web happy because the government has so much money? >> they have it for wrong reasons. we're paying more taxes than ever and it's still not enough. by the way, we still have a fascinating deficit, let's not harold this by any stretch. (?) it is a big number. still we don't have the wiggle room we talked about to take care of thingsike ebola what if we have to go to war again. we don't have the spare change to do that right now. >> when our spending habits, when will that affecc the markets directly. >> i don't think it will affect the markets because ofof the size of the deficit relatively to the gdp of the economy. >> the trouble it's not growingnough. >> the troublinghing is that wre sti

spending. federal spending is up 1 percent, tax revenues are up 9 percent. that deficit should be balanced, david. that's the big problem. have nobody at the command control switch organizing the governnt. >> could it be balanced by us growingore? >> we're growing more they woulde adding on more spending programs. that's the problem. >> it's matt of confidence among the average americans. they see the government spending so much on programs they're not benefiting from. the average person is not seeing their life getting better what it was veearsgo. they're under so much economic strain, but the government is getting an 8.6 percent raise. when was the last time you he someone get that high of a rse. >>espite the fact tha people's wealth has not increased, in fact it's come down over the past six years, peoplere

generally, there's some optimism ithe market that a lot of busisses are pointing to as to why the economy is growing. >> the businesses are doing better. >> why do people feel poor? >> ts the by product of the federal reserve policy. they've frayed the social -- the doctrine of uniended consequences. they lowered the rates. peop had assets, reflated, people that did not have aets are dealing with smaller rerement savings, les dispossibly income. disposable incom down 9 percent since 2008. >> be afraid of our interest payments. they will soon hean cede -- >> interest rates will go up. >> when the boomers retire the 225 number is north of a trillion dolls. this is a temporary thing unless we get more organizing principles in our government. >> are we going to go

bankrupt. >> we don't think so, but if you have personal de, pay it off. tt's the best thin we c say. we will not go banupt. ing in.ose tweets and thanksks everybody for watching. >> wt happened to the constitution? nothing. it's still here we wrote rules tt helped create the most successful country in the story of the world. this allows f experiment. lab to hers of democracy, the lab a are a to hers of democracy. that gives some peoe like gay marriage and legal marijuana. we fnders are horrifieby the way the dpg violates the principles we wrote in here. rick perry gets his right. >> get out of the health care busins. >> but some people want the constitution weakened evenn more. why doesn't yourarty comeut against