tv Cavuto FOX Business October 27, 2014 8:00pm-9:01pm EDT
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thei10ear lipper average. t. rowprice. invest wh confidence. requt a prospectus or summary ospectus wh inveme information, risksfe and expens to read and consir carefully before investing. neil: tonight on cavuto, forget you didn't build that, corporations didn't build anything. hillary clinton says businesses don't create job. and a vettran affairs whistle-blower threatened. elon musk warning. he says technology of the future is a threat to humanity as we know it. is this 25-mile drop proof that the government is dropping the ball? one google executive tharnlingsd change the space race for good. cavuto launches right now. welcome, everybody. i'm neil cavuto and all this time i thought the
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president was ixated on fox. turns out he wasn't fixated on tv at all. >> he doesn't watch cable news. i've spent countless hours with him, and it was never in any of the trips ever took with him tuned into news. some of the things that would cross his ipad would include news from cbs -- he's aware of what's out there. neil: for a guy who do not watch us, he sure does like to tall a lot about us. >> uncle jim who is a little stubborned and has been watching fox news. you're a republican you're watching fox news. one television station that's entirely devoted to attacking my administration. >> some people are saying that the irs was
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used at a local level in cincinnati to go after -- >> these kinds of things keep on servicing because you and your tv station will promote them. so i'm not really watching fox news. along with our fox biz all-stars. tracy. ashley, what do you make of this. >> i think i'm just as fascinated as you are by this comment. i would be hesitant to think he doesn't watch cnn. but he does -- he goes after fox news quite a bit. you hear it whenever polls are low for him. he says people have fox -@news. if they didn't keep spreading lies. if they kept saying all this, maybe my poll numbers wwuldn't be low. this is a president who is very, very weak. i would hope he knows some of the daily content of these news stations regardless of
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whatever affiliation they have. i would think it's important for him to know as a leader of the free world what is going on on a daily basis. he did mention in one press conference, he's just as shocked as we are the american people every time he hears something because he's getting the news from watching the news. it seems like a flip-flop in this administration. neil: all i know you can go back to lind injohnson watching about the what the media was saying about him. any president worth his salt will be well attuned to what the media says. >> i think jay carney made him look worse -- neil: so we're on-air force one. >> it made him look worse if you ask me. he should have said, he watches everything. he knows everything everyone is saying at all time. it made him sound that
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he's flippant and he doesn't care. >> he also, the administration went to the point of grabbing soaps phone records or push foght scc to have hallway monitors, on to the fact that jay carney, he has made aware that the president is being briefed on exactly what the tv shows are talking about. neil: they knew everything we were saying. >> even people in this administration, she comessafter fox news all the time. they're clearly watching and in tune. neil: bottom line is though thaa there is a pattern of diss missing the agitators. they're all agitating now in the media. right? >> i agree neil. i think all of us we can benefit from listening to a variety of news sources even when they disagree with us. i think the president should be aware of what his critics are saying. why they're saying it. what are the motivations with whom he disagrees
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soak look for potential paths forward. that's the only way we will understand each other better by listening what the other has to say. >> maybe that's part of the problem. even the people hat used to say nice things. they're not saying nice things anymore. you're just saying, i can't listen. i can't listen. neil: it always sounds intellecttal when someone says i just read everything. i don't watch tv. i'm a reader. which is fine, but we live in that type of world where we get data number of mediums and i think it's a little disingenuous to assume otherwise. >> it makes him appear more detached than -- if anything, he should be monitoring what is being talked about. there are serious scandals affecting the lives of the american people so you would think he would want to say, i'm all over these issues that are really hurting people. neil: i'm reminded of john kennedy, no friend of his, what
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are they saying about me now? used to love reading all of them and following everybody. in keeping with president's through ronald reagan and george bush, both bushes, they keep up with their supposed friends are saying. that is to be expected. >> especially today on the 50th day -- he was a very self-aware president. this president seems to be very much self-important. he believes that he's right in everything he does. he believes he's with the american people on everything. we've seen the president become more detached. >> when he steps out to respond to a controversy, he gets immediately angry about it, but then, oh, hope and change the subject. let's change the subject and there's not a smidgen of corruption at the irs. neil: there's nothing wrong with looking like a human being.
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i don't know -- it's like many of you watch dancing with the stars. not that i do because they turn me down. i think there's nothing wrong with being real and don't act like you're on the limits of -- >> you know that he and michelle went home after that bill o'reilly interview and analyzed it. neil: i thought only o'reilly did that. let me play it backwards and see if you notice what i notice. how do you know so much about fox if you never watch fox? it's ridiculous. ladies, thank you all very much. do you think president obama is watching us right now? hello, mr. president. i know you're watching. you can #cavuto. let us know. the nurses quarantined in the meantime. the story of christie doing a 180 in about 180 seconds. >> the momentum for this
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>> i didn't reverse any decision. why are you saying that? >> she always -- if she was -- if she was continuing to be ill, she'd have to -- neil: wait a minute you might want to stuff -- the nurse is out. now, it's the new jersey -@governor's folks that are hunkering down and not just the governor and himself. andrew como also dialing
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things back especially when it comes to doing unilateral -- christine todd whitman president immediate pouncing today governor was that both of these governors acted on their own to do something that the cdc and the white house was advising against and said you would regret. now, this woman who was being quarantined. is out of quarantine. and it looks like that tte feds at least in this case were right. >> i mean, as we've learned that when you're you're asymptomatic you're not capable of transmitting the disease. you want to be careful. we want to stop the disease over there. you want to be careful not to discourage people from volunteering. there's a magnitude of a problem in africa. if you're symptomatic you don't have a choice. this is sun who just came back. we're worried we're not getting direction from
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washington. neil: they did it on the heels of this doctor that came back. they would to be really, really -- >> the problem is where they might have acted too fast was not ensuring that the hospitals were prepared to take them in conditions that are acceptable. neil: that's right. here's my theory. you're very diplomatic. you're a decent person. i think they were both caught looking like they were going to be,,you know, in charge, take charge guys. now, they look foolish. >> most people will say you learn as you go along. neil: that's the same thing they criticize the president for. >> who says everybody but in this case they'll get criticized. of course. neil: illinois was part f this as well. forty-seven other governors will say, well, maybe i shouldn't jump the gun. >> i don't think they will. i did a blog about two weeks ago saying what we should do is every major
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hospital particularly in areas where you have international airports should have a wing for isolating people. if they're symptomatic, get them to the centers. what we need to do is @oncentrate on the fda because i know they have at least two protocols moving through. that would give you a read almost instantaneously that tells you whether these -- whether they've been exposed to ebola. whether they have it at all. neil: do you think the governor is being truthful here? i don't believe -- you've dealt with this when you were down at ground zero. talking about the air is safe. all the data at the time. that waa the view. it could change. it wasn't as if you're deliberately deceiving people. what is the deal? are they being honest? >> they're being honest to the extent they have the information they need. we've seen look at what happened in nigeria. they were able to contain it.
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it is containable. neil: they shut their border down. >> what they did was quarantine people immediately when they found a little girl -- neil: do we do that. >> when they found a little girl who died from it. her family was quarantined. yes, you have to do that. that's where you may have -- neil: you trust the authorities. this is not a left right issue. >> marginally. i remember when we had the anthrax here and we went to the cdc, we being the environmental agency had been responsible for cleaning a building. what's the acceptable level of anthrax. they said, we don't know. we said it's not nothing. we had to clean until there single spore of a anthraa. neil: because the stories change on the nature of this disease, is that the authorities aren't
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up to speed or can you understand americans saying we won't trust you guys. >> unfortunately i understand why the american people don't trust them. there have been too many instances where we've been proven wrong when we trust them. the big thing, we shouldn't panic. we need to take it seriously. we need to put in place the proper protocols. we need to do it in a comprehensive thought out way. otherwise we'll make political hay out of this. neil: do you think governor christie or como were doing that. >> i heard a lot of others that were doing that. in the meantime i want you do meet a libertarian who is delighted a nurse was out. but wasn't happy that she was cooped out. the government took stuck a syringe in our privacy rights. so you're saying, what, i mean, you could argue3 on the governor's point, that you have to show, you know, some caution
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here and she had just returned from a dangerous area of the world. where ebola was rampant. what do you do? >> i think there's a big distinction between doing what you need to do and doing what you want to do to make people feel like you're doing something to keep them safe. that's the thing that politicians often have trouble distinguishing between. neil: would you have quarantined her at all, katherine? >> i wouldn't have knowing what i know as an outsiders. as far as i understand it, ebola isn't transmissible -- neil: i don't think they would have done it at all if we didn't have that guy held up in a manhattan hospital because he had not originally exhibited symptoms, and now, we're dealing with a doctor in one of the most crowded cities in the planet with ebola. >> it's actually kind of similar what we've seen with the tsa. so there was -- there
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was really a shoe bomber. some guy tried to get a bomb on an airplane in his shoes. it doesn't mean the right thing do is make everyone take off their shoes. just because one person slipped through the net, it doesn't follow that the correct thing to do is fight the ast war. neil: you're saying that, whee% they do this and lock us up for fear that we might be exhibiting what could otherwise be flu symptoms or have a cold, that they're going too far. that the knee-jerk push to the red button, is a dangerous step. is that right? >> you know, i just think, as a libertarian, i often think the right approach is to assume government won't be very good to do what it's trying to do even if intentions are good. we've seen that in this case. there was a sort of classic overreaction to what was probably a pretty rare instance, and that what we will
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see in the future, i fear, is sort of the never waste a crisis mentality. there will be justification for the no fly list. there will be further restrictions on travel that will be lifted only very slowly. and i'm nervous about that. even though i think it is within the proper role of government to contain a real infectious public health threat, you know, quarantining this nurse was not part of that. neil: good point, katherine. thank you. a va whistle-blower receiving threats after his chat with me. you're saying that these were deliberately destroyed? >> i'm saying from whaa i've been told from others who have worked there who have been fellow whistle-blowers that there have been thousands of possible applications that were destroyed. neil: well, i know the president says he doesn't watch e, but someone at the white house was because as soon as he said that, then the hounds started barking
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this administration is missing the mark. neil: well, speaking out against the va and then being threatened by the va, well, after that veteran whistle-blower scott davis said the administration tried silencing him. tell us exactly what happened. >> thank you for having me, neil. as you know, neil, we were discussing the fact that 47,000 vets died while waiting for health care and 819,000 are in a pending status. immediately after i completed my interview on your show, at 5:08 i started receiving harassing emails from a va official saying he was coming to my place of employment with a court reporter to take my sworn statement and to have me sign a nondisclosure agreement that would stop me from
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talking to you. neil: are you kidding me? >> i spoke to the memmer of the media and apparently that's illegal in this country. neil: didn't you hear that no one in the white house is watching us. so obviously they were watching there and then at the va they were watching when you went ahead on-air, then what happened? >> well, i went ahead on-air and i told the guy, i said, you know, thank you for your email, but i'm not responding to you. i'm not required by law to sign a nondisclosure disagreement because i talked to a member of the press. this clearly board him. they wanted to shut me up. as you know, fox has been reporting the fact that 47,000 vets died. it's in this report. i have it right here. they know fox has been talking about the patient backlog and the fact that the va spent tens of thousands of dollars to promote the
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affordable care act when they didn't talk to veterans about getting out of the backlog. they retaliated against hame and threatened me. it wasn't until the house affairs committee stepped in and said back off, mr. davis. essay witness in a congressional investigation and you can't force him to do anything. neil: what's weird is the character assassination that soon followed. i always had to remind people. if anything, his whole financial career has been turned upside down, and he's been very dangled by all this. as whistle-blowers in3 general tend to be damaged. but i'm wondering, when you ssw that cycle start, where they were just trying too margin lies you and say, oh, well, he's onnfox, and then they later verified and validated a lot of the stuff you were saying. waa it too little too
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late for you? think about this, neil, i have to take money out of my pocket to hire an attorney to clear my name. to take va to court to get my job back. if it's available to get back. and i'm a commmnications professional by trade. how is it that fter you disparage your communications professional am i ever to go back and have a real job in communication at that agency. neil: i'm sorry. what are you doing now? >> well, they've taken away 90 percent of my job responsibilities. i have one project that i work on a daily basis. the public affairs people at va no longgr communicate with me. i no longer get the daily briefing. i've been totally maagin liesed. the good thing is i show up to work, but i also have been getting a lot of support from veterans, and a lot from chairman miller and the veteran house committee. i'm now participating in an investigation with
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the office of special counsel, who is actually going to take bob to task, the current va secretary and force him to answer on the record about the 47,000 vets that died. 890,000 vets that have been waiting for their processed.n to be even though they've taken away my job, i opportunity each day to go to work and provide those documents to the committee. provide those documents to the american legion, to the veteran of foreign wars and to other groups who are advocating for our veterans. i want to get this point out, one of the the administrators at va -@lynn harv enactually stated in an email that when the american legion came to her to help address the issue of the backlog, if they asked me this question, i'm going to skirt this issue. we have that email. it ran in the atlanta journal constitution and she still has her job. neil: it is amazing. you should take some
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solace from soldiers and those who served this country who said thanks to you, someone is finally paying attention to them. so there is that. i hope that is some comfort to you. thank you, scott. very good seeing you. >> thank you. thank you for your support. neil: in the meantime. do any of you remember this? >> if you got a build that, somebody else made that happen. neil: all right. you think that one couldn't be topped? well, i think hillary clinton just topped it.
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jobs. neil: anyway, curt tweets, who does she thinks creates job, the tooth father. william, does she have magic father dust that can give me a job. salky says last time i checked i never forced my way by you a jo be that was offered to me by a company. >> she gets paid government can't be funded. katherine writes, please tell us who does create jobs then. this just shows how out of touch hillary is. joe writes: tell that gates, what rock has hillary been living under. robert, she's write they don't create jobs when democrats are in control. cindy, government didn't hire me, but created the environment that got me laid off. brandt tweets, if i'm not creating jobs in my business, i guess i don't owe any payroll taxes everything is now
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free. bw: i started my own business and starred five jobs. take that hillary. and even comedian john love the said, every job i've gotten is from a business and corporation. when the corporation goes out of business, people lose their job. common sense, yeah. that's just me. and what is the deal with lieutenant journal russell not playing an active role in stopping ebola spread. the general stepped in% to fix katrina. many are calling him to end the ebola crisis. on friday i asked him what he thought the person that the white house chose to oversee this mess. sort of overseeing this, general. he doesn't have a medical background, does that matter to you?3 >> not really. i do think we've got a department of health and% human service.3 this problem maybe a little bit too complex
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to try to run out of a back rooo in the white house. neil: he calls them how he sees them. jeff on facebook writes, drop the puppets and put someone like the general in charge who will get the job done. sam: i'd much rather have russell -- in his career he's likely be in many situations. mike: he'd figure out what's needed by whom and he then get the right people to deliver. angie: he knows what he's doing. obama hould listen to him. keep those emails and tweets coming. some subjects lend themselves to it pronto. if you're upset with something, you want to convey right away, either the bottom of the screen where we interrupt everything in the middle of the screen. we'll share them with the world. if you say anything nasty about me however, that will never see the light of air. mostly. all right. all those tech companies
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neil: you know, i've been hearing that music in my sleep. when i come home, honey trumpet. seven days to go, facebook, google are pulling all the stops. they're spending big to promote an agenda that might go in flames. tracy, you say they could be rolling the dice though and get rolled in the process. >> absolutely. at the same time i don't think they have a choice, neil. at this point, you're either in it all the way or you're not. you got to get in there as much as you can. i think a lot of people will be disappointed at the end of the day. neil: not everyone, but when who have been advocating with
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climate change and anyone recognizing the severity of this crisis, if all those guys lose, then -- then what? >> there are a lot of issues coming up soon, neil. that tech companies have an interest. among those there's net neutral, and even internet taxes that's up for another vote. so, of course, they're paying attention. (?) but this cycle is very interesting. google just surpassed goldman sachs in terms of campaign spending. they're giving evenly to democrats and republicans. neil: it did not start out that way. it did not start out that wayy >> it did not start out that way. you're absolutely right. i think for companies, if you''e not at the table, you're on the menu. these guys, the tech giants -- neil: you think it's just free been ease they hand out.
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>> the thing is corporate taxes, the question will the president bulge down and say, you know what, i need to fix my legacy. i need to stop thinking self-conffdential that my thouggts are facts. that matters to apple, google, microsoft, we have the eu cracking down on ireland. so we have scotland's fight for independence. it's about the european own countries fighting for tax -- neil: a lot of the liberals they'll lose. the inversion thing is going nowhere. the president might try to move by executive edict, immigration and the rest after the midterms, what do you make of that? >> i think these guys are way smarter that night people that write the rules and they'll figure it out. luxembourg will be the next spot for tax evaders. they'll find somewhere
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else to go. these guys won't pay their full-blown tax bill until it's completely reformed. neil: i wonder when the politicians will take note. if this is a wave election year. could be a big win for republicans. are businesses going to be able to move the needle on that. are those winning politicians going to go back to them and say whatever you want. i seriously doubt it. >> given that so much political donations from the corporate sectors are divided among the two parties, i think in this election cycle, that's indicative that these are close races. google are is hedging their bets in terms of which friends they will have in congress after the election is over. neil: they started the year out hedging their ets going with democrats.3 then as it looked more like republicans have the inroads, it was evening up. something to admire about that, but i'm
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pointing that out. you're making a football analogy? did anybody see this? well, a lot of you guy thinking that guy jumping from space was hitting a record, but it's rushing back to catch our nonstop election coverage. 8:00 p.m. on fox i'll be here all night long. and we race in the house. and we race or governor. we are on it if a municipal town sheriff is being elected and it could be affecting the national public, we are on that as well. you can go anywhere else on cable, but the thing that the president says he will not watch and get that kind of perspective only here at fox business. sometimes he'll give you the markets on a wonky channel. sometimes they'll give you the political stuff on a political channel. just the politics. we combine it all. and ith a refreshing sense of humor that is
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you argue, doug because if there's a suspicion -- there's usually a reason why. >> but taking the cash and they're stealing is the wrong way to put it. neil: they're running off with it. taking money that doesn't belong to them. >> they attach the account and then they give everybody notice and an opportunity to come in. i've litigated these cases. admittedly there can be bad cases in the barrel. but the normal procedure legally is to take the account, ffeeze it, give everybody notice, then you put in your claims against it, and it's sorted out. and two points, the law was made a little more favorable to claimants. they no longer to have put up a bond and they can win attorney's fees if they win. neil: maybe that's progress. to me, it looks like -- what draws the irs's attention is a lot of depositssof 10,000 -- less than 10,000 because they're trying to escape
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either recognition or you're doing something that's not hunky-dory, but seizing ahead of time, seems to go against american legal, you know, history or am i wrong? >> right. well, it's completely -- i mean, it's wrong. it's backwards because what you should do, if there's a suspicion then investigate. and then if the investigation comes to fruition and shows there is wrongdoing, then initiate the for fit you're proceedings. they're attacking the business so they can't use the money. neil: any of the money? one woman who had the $30,000 in your checking account all that was frozen and prevented access to? >> they're seizing that entire amount. everything in question. the parties can't use that money if t's legal money they can't use it for their legal fees. a lot of times like this one lady, this was all she had. this was her life
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savings. that was the money that she could have used to fight it in court. a lot of people don't have the money up front to pay an attorney to fight these cases. and attorneys aren't willing to wait to get attorney's fees tend because the attorney's fees are discretionary. neil: doug would wait. that's the way i feel. in all seriousness, don't you think we''e trying to pay to prove innocence here. >> you'll get some bad cases in the barrel. the reality this is the normal procedure very often. if you go to the airport -- if you leave the country. i'll give you an example and you have $20,000 in cash for some reason and they give you the form. are you carrying more than 10,000? no. guess what they seize the money -- neil: that makes sense, but businesses haven't said or done anything -- >> let me talk about structuring real fast. if you strrcture your transactions to be less than $10,000, it can be a crime. this woman said, oh, you
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know, some of my friends and relatives said if it's less than 10,000, the bank doesn't have to do paperwork. neil: that actually does raise some eyebrows or no? >> maybe they were being paid less than $10,000. neil: yeah, all the accounts were $9,999. >> a lot of americans aren't paid $10,000 cash and above. most of their payments will be a lot smaller. the fact that these americans don't want their oney sitting in a vault or safe at their restaurant that could be robbed, we have fate faith in the banking industry, we want to put cash in the bank. it seems reasonable they were putting in this cash. neil: at least there is some fingered, they could get the monny back guys, i want to thank you guys. a real life terminator in the works? elon musk warning that
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>> open the pod doors. >> i'm sorry, dave. i'm afraid i can't do that. neil: all right. get ready for a real life hal. forget global warming, elon musk says artificial intelligence is actually the biggest threat to us all. which means msnbc is the biggest threat to -- anyway with big companies like google and ibm already quorg on artificial intelligence could the future then be a threat? >> i'm all about it. bring on -- anything artificial i'm goo with. it's going to make society better faster. help us do things we could never do. take us to places we could never go before. why stop now. keep going. neil: the smarter and more independent these systems get, the more they do become like hal
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in 2001. >> are you talking about -- msnbc proof that artificial intelligence does exist. is that -- neil: that's what i was going with. >> it was really funny. anyway so, yes, you're absolutely right. elon musk reads a lot of science fiction. you know what, he's not off the wall. he's right. these computers could start talking to each other.% they could communicate about spatial images. and google is still worried about it. google hasan ethics board to deal with this kind of issues. neil: the smarter these systems get, we've already seen in a number of establishments where they're doing some of the work for you. it's not a stretch to think they'll do more. >> while artificial intelligence does raise queetions, any resource, this technology isn't inherently good or evil. it's about who controls it and how they use it.
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we can have robots assisting with surgeries. we can have software that can model weather patterns. there's a lot of uses for smart technology. i think the part that makes people uncomfortable is when we blur the lines between what is human and what is not hummn. i believe every human life is special. we've got our own personality. a capacity for emp think. >> it's like anything that's new. people were afraid to put gas in the tank. the poor horses. we were la mengt horses. that's what happens when things change. you don't want to look forward. this could be great. sure if it all goes bad, it could be scary. a lot of people will take the risk though. i am. neil: all right. issued to a record breaking google, has its
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alan eustace is falling over 20 miles to beat the world record. he did this all without any government help. lizzie, you could argue that maybe this is the future, and the private sector gets it. >> i love it. i love this story. i actually love it when people do this. neil: is this him falling? >> i like the guy who went up with a balloon and football helmet decades ago. he did the same kind of thing. people made fun of elon musk back in 2002, many made fun of him. he aunched spacex and the decade later -- neil: now, he's worried about guys like him. >> they're going to launch a spacecraft into orbit. that's what elon musk is doing. neil: what do you think tracy. >> all i'm thinking, i can't believe -- i can't go up. gosh. i think we should have never canceled the space program to be to begin with. if the private sector wants to take us to
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places unknown, i'm all for it. >> this is great. private money and research. scientific here on earth on are elsewhere. it's a great move. it's an expensive hobby and not something you could pay me to do. no way would i re-create any sonic boom. he reached 800 miles per hour. neil: if you want to break records, okay, i think i could doesn't that. 20 miles up. yeah. i could eat like 5,000 bowls of pasta. maybe that's the one i go. apple pay problems. many say that's because they have their own mobile payment systems in the work. tracy, i mean, that may does this disrupt the apple momentum or no. >> i don't think so. like anything else, first time out of the box. you've got kinks and errors. they have to work it out. they're jealous. i think this apple pay thing will take off.
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they're behind the eight ball if they're trying to create something. apple has it. neil: they were having @uplicates of payments. >> you're right. that will be worked out, i expect, but the thing this is why the story is so annoying, walmart and cvs want their own system to collect information about customers. they cannot collect information about customers -- neil: so they're losing. >> because apple pay is more secure so they can't collect customer information. neel: they might be surrendering some private medical informmtion. >> right. well, in the long run, competition is a good thing. consumers will make decisions about where they want their information to be and where they want it to be shared or not shared. neil: this is actually coming up in a referendum next week about how far we want to see companies encroach on our day to day
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commerce. two of the issues we're following next week. it starts at 8:00 p.m. goes right through however long it takes. we will not get off the air until everything is decided. which means, red bull. than 6nessthan 6 sickness. on one side people are drenched in their own fear sweat. than there are rationalists, those who recognize ebola for what it is, deadly, yet, hard to catch virus. two tough nut east coast governors want to prove their presidential meddle, they will take ebola by the
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