thank you for watching you and your prism and cool turkey. follow us on twitter, on facebook, e-mail us at foxbusiness.com. thanks for great weekend and gd night from new york. single mongo. ♪ ♪ neil: welcome, everyone, this is "cavuto." a shout out to republicans. the president won't budge. you can say it more, but i'm telling you that he won't here and this is why he doesn't care. do you know why he is all but writing off these next two years? we are getting anything done with you guys these next two years because he is done. he is done. he said that he's got enough done in the last 60 or so nothing has to be done in the next two years. he is already consequential. so he doesn't need you guys

lecturing him about making these last two years consequential. i go into this in much greater detail on her website. so that is just a way for me to bring attention to it unless you know that i'm a busy multitasking guy. the cutting to the chase right now, the president's party has a historic presidency. his health care law and signature government legislation is part of this, stick that in your pipe and smoke it. and take it from someone who got turned down for days more than anyone. he is saying that he's just not into that these unforgettable. but you are forgettable, but he is consequential and you are

not. get over and deal with it because this guy is so over you. and he's not going to give you a good deal. kevin brady joins us now. >> the american people, i'm not sure how they could have spoken more loudly. and he has some great opportunities. he's got great opportunities in trade and tax reform and it's either a shame. neil: you are a gentleman and a scholar. but you see his reaction and you have seen the refusal that he might have doing those midterm

result. and it could very least poison the well and he is goading you because he is honestly ignoring you. and we still think that at least up until now, that there was going support for permanent principled solutions on immigration reform and we have to check it out. i think this is wrong. the immigration system is open in the constitution as an.

until people and so people are trying to come through the front door, since american people want to do this together, they will not ignore the solutions. neil: some of your colleagues said that's not the way he's going about it. and rather than making you guys look like this, which i find you guys know how it plays in the media. >> that is the start to make sure that we don't repeat the problem in the future. even then our members say why should we trust this guy. even if we put in the smartest and most effective border

security measures inside and out, i don't even trust them but they're going to do that. so here is what we are going to do. we are going to lay as many progrowth issues as we can on his desk. if he is already checked out it's going to be clear that he is. neil: there are people like fox and their other news organizations who take a different spin. so it is a real pleasure. thank you. >> thank you. not to the author of the leadership crisis on why he says that we have a leadership crisis going on here. so the row president doing whatever he wants despite electoral results that would bring the sin is a danger to us all. if he keeps up with his posture, what happens two.

>> i think that he is the worst president from a leadership perspective in my lifetime. and i didn't think anyone could be worse than jimmy carter. it's about bringing people together getting something done and that's not what george washington it. he is a field leader in every sense. but emphasizing your point, i think there is a fundamental problem there and when you see these actions it is ironically low self-esteem. so he actually doesn't have this. neil: i've mentioned before with the panel. and i talked to many people at the white house. ultimate contacts there. and they do kind of remind me what is going on with their thinking. but this president, by the nature of who he was and where he came in, he is already consequential by that

definition. the fact that he brought one of the most expensive and biggest pieces of federal program legislation that we have ever seen, he has already made history. so in the first six years they are saying, i think, no reason. i've been there, done that, history assured of that. what you say max. >> i think that that is the way that he thinks because he's airtran. but the irony is that he's going to be regarded as one of the worst presidents in american history. and he said it's not necessarily the smartest thing to do. >> from your leadership examination, you are a good leader in your own right. and he is not going to do that and i don't think this is for show, i think it is strategy. so what happens and what does that say to the other side?

>> this will pass good legislation and he may veto it, but at least that will put the responsibility on his play too much to other people. >> what if they reject the argument, everything they give me is stupid, everything they give me is selfish to businesses and you know the game. and so keystone is about jobs that don't matter when i think that infrastructure jobs are part of this. there are publicans that are consistently selfish. what do you think? >> i think that is exactly what they will argue. and the big minority of americans citizens don't buy

that anymore. they can't make everyone else responsible for not having good outcomes. so i think that we are going to get less and less effective over this time and it he has moved on. neil: yes, he has moved onto fillmore. and again, guys, this is just my opinion. i have revised it and there are a lot of legal american jobs that could be on the line. we have liz macdonald and tracy byrnes. >> in the short term we are going to see this with long-term immigration that is debatable.

and by the way, barack obama said this in his own book. and many of these are in fact. he says that in his book and that is what we are going to see. >> i think it's going to hurt now. i think we have no idea what the cost is. we are still trying to figure this thing out. you can do this six ways to sunday. we have no idea what this will do to the burden of the american people. >> you know, you can sign-up for obamacare. >> we dispatched a big one now. and also in light of all of this, we know that 2 million fewer full-time jobs are part of

this. who is going to pay for all of us? you need this to pay the taxes and to pay for all of these government benefits. the other thing that struck me that the president is not doing is that this is a bipartisan thing and we know that companies like procter & gamble are part of it. the major companies were founded by immigrants. procter & gamble, google, yahoo, intel, they create the jobs in this country. >> that means that you can apply for jobs that you could have warned that automatically hurt the american people here. >> they are talking about how these people are somehow going to hurt american jobs.

>> what about the american worker? it's going to hurt the american low-wage worker. >> i think that this plays into a strategy to divide and conquer >> heartless. >> you care about the strangers, you care about the victims. >> taxes have to go up, that is unfortunate. but when will these be considered austerities? well, the real austerity is when you hit them this way dead on with this. >> they come into our tax system and low income. and again, that being said, we

are going to pay more for them because they were qualified for this. >> 6 million jobs have been created and now you have 5 million people coming in for this jobs. >> when you have policies like this that's part of it. >> is a defect go 11 million amnesty already. >> i think the signal is out. and even then, it doesn't guarantee. >> it's not fair to the people who did it legally. those who came here. neil: when we come back, tell me what you think of the whole debate. and how 6 feet of snow could keep some retailers from going under after

>> snow stimulus. buffalo new york, pounded with 7 feet of snow. most feeling a widespread deep-freeze. and so can you explain? >> ironically, a deep-freeze across all 50 states get consumers out of the cold and into the stories, so they buy everything from apparel and all the other purchases so it actually stimulates sales. >> is it just feels that

would've been there later on? >> its construction for after the storms last year. people and retailers are really prepared to capitalize. >> i am told by meteorologists and others that we are going to have big storms this year. and it will more than make up for in severity. normally when you get storms of that type, they are so incapacitating the people can't get out and do anything. so i imagine those that benefit our online retailers. >> the difference this year may be the arctic circle coming down to the gulf of mexico across the united states and so with subfreezing weather in all 50 states, the shoppers will go out

and buy hats and sweaters and close in addition to whatever they are getting for christmas. and they have to get this going. >> let's talk about the impact of this. hurricanes, natural disasters, there was always this kind of thing. and it this includes the gives you were going to get. >> some of the people have saved money for everything from home repairs to getting essentials they wouldn't have gotten if the temperature had dropped from 25 to 55 degrees normally than what it would normally be. >> we had since the blizzard of 1977, but some of these say it is the curse of the cookie and

only championship teams were ignored and so for 40 years they have been bigger and losing streaks have gotten bigger. >> they are five and five and they look like they may finish six and 10. so it's the grave of loney and that haven't been recognized and we have seen a nonstop surge of snowstorms in the area has been person that community where other areas have not been hit hard and the others are getting a lot colder, but they don't get the big surge of snowstorms. neil: you guys gave the world chicken wings. enough said. in the meantime, tillery clinton not liberal enough? that is not me saying that.

that is bill de blasio saying that. the man who could challenge?

>> some of you might recall that

the president was doing very little to help democrats here by appealing to the hard left. some of you might also remember that hillary clinton is not going to be the democratic nominee. many are laughing louder now and i'm telling you that she will not be the democratic nominee in 2016 because everyone house seems to be interested in that particular job. including mayor bill de blasio. who seems to be dissing her a lot on the left. say what you well, they are rock stars to the left, and i'm telling you that they named the prospect of nominating hillary clinton would be part of it. democrats are doubling down. >> yes, they are really doubling down. that is the reality.

people on the hard left totally in a bubble. carter inherited the shale gas issue from ford. but this administration, bill de blasio, hillary clinton, and i love what he said. he said that democrats should be willing to challenge the status. the status quo is the government right now and we have a 17 trillion-dollar government. >> no meeting with star before noon. and the guy has been late for things and admittedly he overslept. >> first of all he's created the biggest racial divide that the city has ever seen. there's more useless construction going around the city. i think it has created nothing but a mass. >> would he make of this when he says how the democrats should be. elizabeth warren, these

liberals. what do you think max. >> you make an interesting point because i completely agree that there's going to be immense pressure on her to go left or go home. >> 100%. older brasil, elizabeth wharton, the voices are getting louder and you couple that with with the fact that modern democrats were rejected. many of them are gone. >> we have all the divisions of the republican tea party. and i think that the divisions are much more profound. >> you have the hard left democrats saying bring back occupy wall street by protest. and what does that tell you, it is mindlessness. people chasing their tails. >> but the problem is the greater the divide in this town

come at the end of the day unfortunately those are the people that get out to vote. >> we should remind folks that bill de blasio was elected via a landslide. and i'm telling you that to think that that is all of america is an enormous leap year >> it is inaccurate as well. >> for him to come out and say that the reason he lost in the midterms is because they didn't come out strong enough. when you look at the polls. >> why couldn't we do it for all 12 million? >> is 39% of people supported the president. >> what is so disturbing is that income inequality, it's going to come up again. when you factor in, social security, medicare, jobless benefits. the health benefits that are not reported on tax returns, pensions, iras, even the capital

gains cut. when all of that is factored in, the liberals white bill de blasio and others will say that people's income, the middle class went down 33%. when you factor that in and put it all back in, no, it actually went up. your middle-class incomes went up by 33%. not taking into account all that stuff i just said. >> i have no idea what you just said. [laughter] >> the brains are jiggled from all of the potholes in this town. >> when we come back, what is the deal with the president taking illegals out from the shadows and then putting them on the front of the line? now a lot of you@?

neil: what is the deal with the president defying the will of americans. that is how new york city sees it. last night when the president laid out his plan to freeze deportations for millions of americans. is he kidding? and now the rest of us, this guy is incredible. in his own world he is selling things that only illegals want to hear. so history will not treat barack obama kindly. i suspect that he doesn't much care either way since he figures that he's already able to do that. and kyle in pennsylvania says that this man has spent the past five years working exclusively on behalf of illegal aliens while drawing a salary.

and i'm sure that he's been doing other things. bill says granting citizenship to babies born in the u.s. said that the responsibility to support that child. and it does so the stage. and lying, cheating, stealing from the american people. tell me how you really feel. and another one who says as an immigrant who went through the process, i oppose this legalization. once obama does this, we would have had another illegal invasion like nothing i've ever seen. and mike says that i think the democrats could be in for a surprise thinking that they have a lock on the hispanic vote. and my guess is that they will not be fooled. and to chris in long beach who says that republicans can't win no matter what they do.

i don't like the term obstructionist. anyone who disagrees with this administration is called that when they should be called defenders. they are defending the constitution and the will of the american people. good luck with that one. and elaine says that i think republicans should emphasize this presidents decision. when americans wake up with higher taxes and fewer resources with the rest of us. and at least there are guys like this who had put out a video that ultimately went viral, warning the president has made an even bigger mess of the border. jackie said says i'm glad he had the backbone to tell obama that he's not funding or supporting law enforcement in their dangerous job to control illegal immigration. then there is a lane in brooklyn who wonders what happens to all of us. especially me. she says you are the product of

immigrants, aren't you? and i said yes, legal ones. and another says you are stirring it up. you are angry that the president is showing compassion. and you keep talking about what a mistake this is, argue that callous for ripping apart families? no, ripping of the constitution in the process. and then what would you do that makes any more sense? support them all? find a pathway to citizenship for those most worthy, those that have been here the most time. but secure the border and tom in new jersey. saying imagine if you were in charge and they supported them. so i think i might've taken him out to dinner because that is

how they roll. and so go to facebook.com and let me know what you think. meanwhile, housing is back and we are not buying it. you won't be buying it

>> coming up, i will test your knowledge of what questions are on a legal immigration form. you can check it out tonight at 9:00 p.m. neil: is the housing recovery in the home stretch? numbers are looking a little bit better, but my next guest says reason why they look good is an okay because real is a says it's all about who is buying and not who is not.

>> they want to buy, they believe in home ownership, that is what the dream ends. high credit and putting 20% down, they have to save a lot of money and even though the job market is really improving, it's not always what it should be. >> 3% down, very little down to encourage folks to buy. >> the problem with that is that in big cities or expensive cities like new york, you can't find us. so you have to go with fannie or freddie. but they are trying to work on this. also credit scores. eight years ago if you had a 700 credit score you'd probably be

okay. but now 750 and they have people that are carrying a lot of student debt. >> lenders are so tight right now. >> very tight. >> and even appraisals are making it tough? >> yes, then all of a sudden they are all coming in low and if you don't have that, you can't buy. >> the next couple of years, people had tents have tents set up, they want to buy the american dream. and maybe the credit was too loose and now it's so tight. so i think if you just have your own business, that's part of it. >> okay, if lenders continue to be pretty conservative in their approach to this, and we still have so many homeowners who are still underwater, how long does

it take to work this out two. >> the market is great. the luxury market across the country is great. casteel's are up. i think they've passed it. >> i was in a pricey area as well. >> you can't get any interest on your money anyway. the market has had a steady and healthy growth and now it's all about the credit and jobs. those are the things, credit and jobs. >> i have talked to a lot of young people and they idea of homeownership is part of this. it's lost some of the allure for many. >> i don't think so. >> really? >> i talk and i read everything.

especially the millenniums. early 20s, early 30s, 20s, early feel that to have a successful life they have to buy. so it's not that you really getting a great bargain. and people want to own. so they want to buy this in the market leader. >> probably because they had no choice. >> or unless you had the bank of mom and dad. that is always a good bank to borrow from. neil: that is still not happening. they better keep applying. thank you very much, it's good to see you again. in the meantime, the nsa warning that a cybernightmare is already ahead of

neil: okay, what could take out computer systems across the country. michael is wanting that it's not about if but when. >> the challenges that we are talking about are not theoretical. this is something real. >> there are nations that have the capability to do that. to enter those industrial control systems and to shut down and forestall our ability to operate on basic infrastructure. there's more than one that we believe have that capability. neil: we take it in black and white. robert morris says the u.s. is on top of this hit list. it's good to have you back. so obviously every time people hear this sort of thing and businesses hear here this thing, your phone must ring off the hook.

>> yes, you read it every day in the newspaper. i get e-mails about six or seven or eight new hacks. those are companies that we know >> you will get the notification of coverage. because if you do get hacked you have to notify all your account holders. and you get credit monitoring services. so if your social security number was taken, they will watch your credit and make sure that nobody takes a mortgage on your name, credit cards and those things. they will provide business interruption insurance and public relations coverage for have you talked to the public with what has happened. >> would if you were just shut down for months. and i would imagine that it gets to be a lot more expensive than the coverage for that. >> if you bought the right policy, hopefully you bought the right limits that would carry you through that time a couple of months. >> is to give me a ballpark for a fortune 500 company, will kind

of premiums. >> based on the number of records that they have and that they keep. >> all of those things we have taken into consideration but currently the one-page application because we don't have the actuarial data to show us how many claims they are going to be, what the size of this is going to be, the average claim now is reported $5 million. >> is that right? >> that is right. >> so what if it's something like 9/11 but on a cyberlevel, something that just internationally wallops of all companies. are you responsible enact. >> as you know, the terrorism insurance act is set to sunset at the end of this year. they say that there is legislation to be put into the act to extend it into include cyberterrorism. >> so the government becomes the fallback? >> over a certain dollar amount. >> that's a good question.

they are going to extend it, probably six to nine months. it will give them time to make more changes and then we will have hopefully five or seven years for a solution. >> 10 individuals by cyberinsurance? >> we are working on creating a product right now to put this together for individuals and cyberbullying and protecting your children and things like that. >> that's interesting. >> it's here to stay, no question about it. >> thank you very much. neil: meanwhile, you may be the next internet star and not even know it. someone could be watching you and recording you right now. how they are doing it and what you can do to stop it. that camera on

>> you better watch what you're doing in front of your web camera because someone could be watching you. and not who you think. so anthony wiener, i'm not talking about you. [laughter] 4500 webcams are streaming live on a russian website. >> that is a little twisted and scary. >> very scary, which is why have a little sticky note over my camera. i noticed half the students have little sticky notes on their camera. and here we are happening again. and by the way, just change your password, those that haven't changed their passwords with what it comes with in the computer, you avoid this problem.

>> anyone who has ever had a baby monitor knows that can hear the baby crying of the street. so i think that this kind of is part of bigger stuff. and i think that this is very telling what the russians are trying to do there. >> they say that we want to warn the world. >> it's really disingenuous and i think it's an awful and terrible thing to try to set an example. >> okay, stocks keep hitting all the highs. and a lot of this started with the chinese, keeping things down

with their own quantitative easing. so the bar explodes here. >> that's right, wall street is rocketing forward and this sounds like rainbows and sunshine. but it feels like the underlying growth is not really firing on all engines and we have been talking about it on normal stock market. and it's like treating the problem of getting drunk on debt and money printing with more alcohol poisoning. and you just can't fight it. two who cares the reasons at this point. he sat on the sidelines, you missed it. >> i agree with that as well. >> it is true that this market doesn't stop at the short-term, it's not even in economic

indicator. corporate earnings are up. >> young people get just as they are really should be a part of his? >> they are very reticent and nervous about the market. >> they have to feel bitter. you are looking at the beginning of 2009 to where we are now and the president takes credit for that. and the market average has essentially doubled. >> we don't have money, most of us don't have jobs. it still double-digit employment there. and they don't even have money to do anything. >> wall street is going to pull one over on you. don't even risk it. and that's the message that is resonating. >> were we doing? are all these banks buying up the government. sitting on these smoldering

piles of paper and then what two a disability gives much power to these guys. >> you make a great point about 401k. >> 20 bucks. >> on to issue number three, is in this up to 50%? 50% of households are getting more in government benefits than they actually are paying in taxes area and so that is unfathomable to me. leaving is paying for that? it turns out that the top 20% are paying in, but they are actually getting more back. >> you know, i think the democrats are absolutely vilifying republicans, saying that this greedy rich guy won't give money to the but i think that they missed the argument or republicans miss the argument, we're creating a culture of dependency and a culture of self-reliance. >> by the way, goes all to the markets.

everyone's in. >> i think the compassionate viewpoint is getting out of the cycle of dependency. it's a powerful message. >> do you remember, lizzie, couple of years ago, they had a rally on wall street protesting for benefits, not for jobs, for benefits. >> what's going on is crystal career, impenetrably clear and absurd for democrats to talk about income inequality when they don't talk about social security, jobless benefits, medicare, medicaid, all of the things going out there causing the split that you see on the screen right now. that the top fifth pays for all this. >> do you buy all the numbers, trace? >> yes, i think the lower income people take home more than they make, unfortunately earned income tax credit is wrought with fraud. neil, you know yourself, your paying probably upwards of 40%

to the federal government. that's just in new jersey. >> we'd love to hear what you think of all this, thanks for watching everybody. varney, right now leaving with the man himself, lou dobbs. this is fox business. lou: good evening, everybody. breaking news tonight. president obama just moments ago signed the executive amnesty order he laid out last night. republicans vowed to do everything in their power to stop him, but they overestimated that power, and they've left town for the holidays, house speaker john boehner, however, before leaving, blasted the president for acting on his own and repeated his threat that real bipartisan immigration reform is now dead in the incoming congress. >> the president has chosen to deliberately sabotage any chance of enacting bipartisan reforms that he claims to see