tv Cavuto FOX Business November 25, 2014 11:00pm-12:01am EST
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in ferguson. look at the screen, blame the people you see. >> we're out of time. that's it for us tonight. stay tuned for cavuto here next. thanks for join us. good night from new york. captive welcome, everybody. i'm neil cavuto. forget that al to the other al. who matters much more now, especially now. not al sharpton. alveda king. the niece of martin luther king on getting past the hate and not always stirring up the hate. alveda, an honor to have you again. thanks for coming. >> hello, neil. good to speak to you again. we were on the phone before, and that was a little choppy, but i'm glad to talk to you now? neil: it was, but you were flawless as always. here's my beef with al sharpton stirring things up. i don't think that's a reverends place to do that for good or ill. i think now and today
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was not the time to do it or the message to send in the middle of a tinderbox. what do you say? >> when i i think about al sharpton and jesse jackson and i never argue about whether they're doing it intentionally or on purpose or accidentally, but i want to remind them that they're opening up a tinderbox when they stir up people's emotions. people can't think logically. neil: i think they want to. >> they say, well, we'll come and fix everything. you call us in. we'll fix it. it's really a tinderbox. it's not right to stir up these emotions so that people cannot think peacefully and logically. the best thing we can do is do what michael brown's parents say. let's be peaceful. seek solutions, but be peaceful. it doesn't sound like what reverend sharpton is doing. neil: you're not one to disparage people, but, as you know, i'm perfectly happy to do
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so myself. when you mentioned michael brown's parents they were saying and doing all the right things. they get together with al sharpton and they start to sound almost as crazy as him. i'm wondering whether that fans the flames. >> i want to say something, it may be a strange term to people listening. there is something called transfencer of spirit. the next thing, you know, you are off into an emotional tailspin. i ask you, please, if you're listening to this, please pray for michael's parents so they can stay steady and steadfast. we need peace. we do need justice, but we definitely need peace. neil: let's talk a little bit about the perspective this is coming, you. you could have grown up very angry and bitter. your dad dealt with a great deal of strife. your home was bound and destroyed much like martin luther's home was
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bombed and destroyed. when crowds are gathering outside to demand vengeance, neither your dad nor martin luther king did that. in fact, they urged just the opposite. today we have leaders, not across-the-board because obviously you're a glaring exception, who urge restraint. why do went hear more from the restraint crowd? >> well, you know what happens, and my father ad king and martin could give you the bible very clearly overcoming evil with good. they were clear on that. they could remind us. when you're outmanned or outwomanned or outgunned. you need peace and prayer. whether we're looking at the bible or practically before us, burning the homes of people in the community that is just not justice. to encourage burning and looting is wrong. and so i believe that if they were here, and i can certainly stand in
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that same position, it's wrong to stir up -- it's not just right. neil: in our they're saying boycott even businesses in the area to spite their face as well. not only would they be damaging the community, they'd be damaging the stores and the businesses that cater to that community like a double jeopardy. >> they want to take away all the resources of the people who live in the community so that the people will be frustrated, emotional, angry, and desperate. that is just not right. i remember my daddy told me me when my uncle was killed. he said, i wanted to hate somebody so i was going to hate white people. he said alveda, white people pray with us, march with us, die with us. the devil killed your uncle, not white people. we're one human race. to fight each other because of skin color and to become desperate,
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when people come outside your community and throw firebombs and burn your store, that's going to hurt you. so we need peace, and we need justice. we really do, neil. neil: all right. words and just common sense seem to run in your family, young lady. dr. alveda, thank you. have a great thanksgiving. alveda king. all right, the number of businesses burned to the ground and hidden treasures among them. here's what that shop looked like before last night's protests. very nice. right? here's how it looks right now following the protests. how do you build after that? what do you do after that? owner janise on the phone with us now. >> i haven't thought about it. i didn't think my business would be burned to the ground. i don't remember this happening in my store. the last time the looting happened, everything was in place.
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so i'm just shocked. neil: so when you hear protesters saying we're trying to make a statement. we're trying to let authorities know this decision was bad, anything associated with this town, any institution, any business by extension, i guess they're saying yours included is bad. what do you say? >> i say judge a tree by the fruit it bears. i have customers who believe into my store who call me up crying. i have customers come into my store before it happened and say a lot of people came in and say it felt so relaxed and it felt so -- it just felt so relaxed. and they enjoyed the product and the customer service that i gave. and i'm -- i as a black woman, you know, i have to go through the issues that a lot of the people are feeling hurt and upset about. then i still have to deal with lack of business that i had
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before this happened. and with my store being totally destroyed. everything that i put into it. neil: janise had you preboarded ahead of this decision. >> no. i had faith and confidence. like i said i had been here three years last time. my store didn't get looted or touched. we didn't preboard up because i think putting boards up from the outside, someone can easily come in and rob you. because they can -- no one knows what's going on inside behind those boards. neil: yeah. and that's just what happened, to your point. what will you do now? it's easier said than done to rebuild. but now, with those on the scene promising to take this to a federal level, before a federal grand jury probe, you could be looking at this all over again. >> yes. well, i'm a strong
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believer in god. he blessed me with this. i was a homemaker for 25 years. it was always my dream to have a business, and god blessed me with it. and i believe when one door closes, another one opens. i don't give up that easily. no one will take away my dream from me. i gave everything i had to my store. i will walk away when god says it's time to walk away. and i will still be here to give good service, customer service, and product to the customer in my community. i still will be here. neil: janise you're a remarkable woman. thank you for taking the time. i wish the best for you. well, ferguson protesters aren't done. they're kind of taking their act on the road. hoping to take other businesses like janise's with them. using twitter to hit corporate america where it hurts.
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but our all-stars are wondering, is it really hurting? tracy byrnes. tracy, to what end? >> janise gave me goose bumps. hate begets hate. neil: they must know that. >> corporate america is not the one that did this. neil: and janise isn't corporate america. >> janise isn't even close. businesses didn't do this. they're missing the point. and they're making it worse all around, neil. for people like janise out there. my goodness, just stop already. >> janise is not just a good black american. she's a good american. people like her are put in this situation, and there's no safety net for folks like this and small business america on main street. she might have had insurance. to be able to rebuild, this will take this woman years out of her life to do so. and why wasn't there leadership on the ground when the verdict was
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read or when we found out that the police officer was not going to be indicted? where was the leadership for the community at that time? it was absent because smart leadership would have told them, this is absolutely the wrong decision to make. dr. king who was just on, really said it the best that i heard anybody say it. i give her a lot of credit. neil: hadley, bottom line, you're cutting off your nose, your face, your neck, everything and in this community with double digital unemployment, high double digital unemployment for young african-americans, you're also chasing away employers. a lot of them have gone through this twice. will probably be leery of setting up shop again. >> that's right, neil. and i believe that there are a lot of issues that are raised by the situation in ferguson that we should be discussing at the national level, that we should be discussing in our own communities and towns.
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but i also have to agree with your question. to what end a boycott? what will a boycott of black friday sales or of, you know, participation in our economy at large? what will that accomplish? one of the beautiful things of free enterprise, we can participate in an economy together just like we participate in our communities together. these things that are supposed to divide us like race, gender, religion, they don't. when we can interact with each other and free enterprise. because, you know, we have value to offer each other. >> we've been talking about this for a a few weeks that there could be riots. where were they? and, by the way, who is the rocket scientist that decided, we should make this decision when it's dark and no one is around. i mean, come on. that's just crazy too. you're not there for your people. you're letting them go down. >> and as far as the protesting, potentially to have a protest black friday, i prefer this method. at least it's a passive method and they're
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neil: all right. to the guy who called buffalo blizzards almost to the inch, he's back to call for something a tad more widespread for the overall us economy, a big storm that will spread over a big area. say it ain't so, joe. what are you looking at? >> well, a hate to ruffle your feathers, but it's a big snowstorm. fortunately, for the
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downtown areas from d.c. to new york city, i think there's enough rain involved that it curtails the accumulation that will be occurring to the north and west of these cities. we're up to a foot of snow, for instance. you get out i80, you'll probably see a foot of snow. same type of situation in pennsylvania. northwestern suburbs, this is a rare event. happened in '89. happened in 1938, but it's so widespread, that close to a hundred million people are probably going to be affected by this tomorrow. now, the good news is -- neil: it like blizzard conditions in some of these cities or how would you describe this weather mess? >> it's more of a big wet snowstorm. instead of the blizzard with very, very cold temperatures. for many of you folks it's a 12-hour storm. it will be a 3-hour
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period with big thick heavy flakes. even though the ground is warm, it will stuck. it runs from west virginia, right up that corridor up to the west of the big cities. philly and new york city. neil: then thanksgiving it's over with? yeah, by thanksgiving it's over with. but i think there will be enough snow for a snowball fight in the macy's day parade. neil: let's say you're in the tv business. you're working wednesday. you're not too enthralled with being with family members the next day. a snowstorm coming. you should probably stay in this city hit some bars and not even risk coming home for the good of your family. right? >> well, i think that's a good idea, neil. as a matter of fact, maybe if you invite me along, maybe i'll hang out with you.
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[laughter] neil: all right. we'll batc watch closely. he's been scary accurate on all this stuff. but he's the best. joe. well, it wasn't so much with the stroke of a pen the president stopped deportations for millions of illegals. it's when he compared himself to abraham lincoln that he lost this american. time for my spiel on later what you make of it in how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of r mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing.
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neil: all right. something new is starting here. the graphics will improve, i think. it's time for neil's spiel where i give you my take on something i can't take. forget about his fanning the flames on ferguson. i'm talking about his views on the constitution when it came off holding off these deportations. guys, the white house saying it's right, period. that he's doing nothing different than abraham lincoln. are you kidding me? news flash, i knew abraham lincoln. i studied abraham lincoln. he was kind of like a historical friend of mine. mr. president, you're no friend of abraham lincoln. and cutting back on deportations ain't no
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emancipation proclamation lamation either. how can you compare that? and is this lincolnesque act was on brave, why punt on it until after the midterms. are your political convictions tied to the clock? surely, you can be held hostage to political expedience. surely you're not comparing people who were brought here in chains to illegals who came of their own will. and surely you realize the problem isn't how they snuck in here, but how our border remains that they keep on coming here. you're essentially rewarding those who broke in. but what about the millions more who will be emboldened to do the same thing? where is that bravery? where is that glory? where is that
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lincolnesque moment? where is that call to duty? not for the good of the people that shouldn't be here, but the poor saps paying the bills. where is the lincoln moment on our behalf. to ease our burden. where is the lobby for luressers who have the unfortunate distinction of actually being americans and not stealing to become americans. who is looking out for us, mr. president? right about now, i will tell you this much, it ain't you, mr. president. i'm still waiting, but in the meantime, this much i know, you ain't no lincoln. the kansas secretary who says to the president, you ain't getting away with this deportation thing either. forget about arguing this secretary of state is suing. sir, good to have you. what will be the premise of the suit? >> well, the premise of the suit will be the same premise that ten ice agents brought in a similar lawsuit two years ago. you know, the president has done this once.
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he used his phantom executive powers which don't exist to violate federal law and the constitution and offer a so-called executive amnesty to the dreamers, the people who claim they came to the country before the age of 16. the judge ruled that violates federal statute. can't do that. similar cause of action will be part of this lawsuit too, where plaintiffs will be challenging the president. likely there will be some states involved. what he's doing is illegal. and not to mention, as you implied, unconstitutional. the president can't do this. remember neil, the reagan amnesty, the simpson act. that was only 3.2 million illegal aliens. this president wants to give amnesty to 5 million amnesty. he's going to do it by secretary fiat. neil: you would argue, secretary, you're the great lawyer, i'm not, he's waited and waited for the better part of six years for congress to do
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something, it hasn't. he through executive action has the power to move unilaterally. if they're annoyed about it, urge your congressional friends to pass a bill. what do you say? >> yeah, and i say that's the most ridiculous argument i've heard. that argument is, i the president get to wait. and when congress doesn't act, i gain new powers under the constitution. there's nothing in our republic -- neil: that is well-put. put that in words i haven't heard -- that's very, very good. let me ask you about the implications of this? don't you need others joining you. it's one for one guy who is very early with the problems of this obamacare and what have you to join you and the that the issue in this case could be over cost, over unfair burden for states, but you'll need more. >> there will be multiple plaintiffs in this lawsuit. you hit the nail on the head when you talk about
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costs. there have been a study about household income. the burden and illegal headed household costs us the american taxpayers about $19,600 net every year. even if you take into account the taxes the illegal alien household pays. that's how much we pay to keep them here. this burden falls mainly on the states. that's one of the main arguments that the state will have. neil: that's the one thing you have going for you besides your smarts. but the numbers. very, very big factor. >> huge. neil: secretary, thank you. happy thanksgiving to you and yours. >> you too. neil: forget black friday, you might to beg for cash. might to beg for cash. we'll tell you why aft
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you're down with crestor. yes! when diet and exercise aren't enough, adding crestor lowers bad cholesterol up to 55%. crestor is not for people with liver disease, or women who are nursing, pregnant, or may become pregnant. tell your doctor all medicines you take. call your doctor if you have muscle pain or weakness, feel unusually tired, have loss of appetite, upper belly pain, dark urine, or yellowing of skin or eyes. these could be signs of serious side effects. i'm down with crestor! make your move. ask your doctor about crestor. neil: all right. on this cheerful show, could black friday turn into hack friday. target's massive breach happened this time last year. it fears it will happen
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again, but on a much bigger level. senator, you argue that's because more people are shopping online. more to it than that. explain what your biggest concern is. >> well, neil, the biggest concern i have is that hackers are using a bigger attack surface that they're going after. what they're looking at, they're not only looking at our online transactions. they're finding new vulnerabilities in our physical point-of-sale transactions. when you go to a store a target, a neiman marcus and you make that credit card transaction, they have ways of getting in there. what they have as sql techniques. they're injecting bad code into the computer systems of their -- neil: at the register? >> exactly. that's where the point-of-sale is. it's the registers. when you're making that credit card transaction, they're reading the numbers and they're reading your code. they're reading all the personal identifying factors that you have on that card.
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neil: well, what do you do? someone like you knows this stuff inside and out. i see people buying stuff with cash. and they're just buying that way. i used to think it was a little outlandish since i see more people doing it, maybe not. >> i do use cash, especially for transactions in places where i know they've had an attack. so places like home depot, target, i tend to use cash. if i'm pretty confident that the system in the store has been protected, i will use credit for a bigger transaction, but when i do that, i also double-check my account balances, and i always change passwords and make sure i look in the account activity so that i can actually see what's going on and make sure there are no bad charges in that account. neil: yeah, i talked to former cabinet members who discover sometimes accidentally that all these weird nefarious charges and they just piled up.
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sometimes they can be quite small, but they were consistent over many months. >> yes. and exactly. that's exactly what they do. they tend to take small charges, even like dollar .98. they take those charges. they'll accumulate that. they're doing this thousands of times. your 2.02 charge is worth millions of dollars to hackers doing it in eastern europe and other parts of the world that it's prevalent. neil: hickory's farm does take cash. it's like the gift that keeps giving. that's me to you. anything i can do to return the favor of your brilliance. if the nasty hackers won't get to you, maybe some nasty picketers. some rain and snow on your shopping parade. protests being held over
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walmart nationally. is it because walmart -- when you look at their pay levels, even their minimum pay levels they're higher than most. but -- but they're not unionized. >> well, black friday picturing as long as -- this is like the new national holiday. the walmart picturing black friday bonanza, they're out there picketing. they get nowhere. walmart is still selling stuff. walmart is still not making a decision based on how many people show up at these protests. they're not even walmart workers. they're just regular people. neil: when you look at it, about bristas are paid less by hour ad some of their counterparts own a lot less, why walmart? y walmart has 1.3 million employees. a large target on their back. there's an organization
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called making change at walmart for the last three years have staged this protest. they're funded by the union that supports walmart's competitors. neil: isn't that interesting. >> that's the stuff happening. (?) i don't think the unions will go away. they're not making a fingerprint yet. but they will. >> it's been ten years. what do you mean by yet. neil: they still do it. sometimes it's an intimidating factor. if we can't get them to change their policies, we can stop people going to their stores. when you see picketers outside the store, you look for another way to go in, if at all. >> they're trying to publicly shame walmart and other employers out there creating jobs and doing things for our economy. black friday draws a lot of attention to these retailers. on the consumer side, whether it's boycotting these stores, on the union side, whether it's staging a protest or strike, the question is
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how effective is it? it's a different question. neil: do any walmart workers ever clarify things. there was that one store in georgia where he said i started as i stacker. now, i'm the manager. how do they play it? should they ignore it? >> for the sake of the walmart worker, go to work. get out of it. neil: this is the biggest this year. >> every year it's the biggest, you know. >> one of the things they're doing is putting together propaganda clips on their website that say look at johnny, he's a stock boy now a manager. it's like a propaganda machine to say walmart is a good place to work. they're just doing what they should do. neil: people will run over broken glass to get a plasma tv on sell though. i find that's the case. i don't think john ever played a turkey in any
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>> i'm maria bartiromo, tomorrow on opening bell. one of the busiest travel weekends, but the weather could throw a wrench for millions across the country. we're taking what it means tomorrow at opening bell tomorrow 9:00 a.m. eastern. neil: thank you, maria. well, the president may pardon the turkey, but he's not pardoning businesses. they're releasing 35 new rules and regulations for a lot of companies over the holidays. the government should be looking to spark innovation,, not do anything to deter it. he's with me now. as the interview ensues,
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john, i will do my impression of you. >> you go ahead. neil: you've been involved in this since year one. god bless you. but your point has been, we have a lot of great stuff here. we build a lot of great stuff. >> that's what we do. neil: now, you're putting the pedal to the metal here. >> yeah. we started a company, and we put together gift boxes that you can go to made in america store.com. we have about 6,000 products that could he have curated all made in america. neil: it a review o neil: it's a review of all the products here. >> not all the products here. many more. neil: what's in the box. >> the man's box. then lady's box. children's box with toys, you know, yo-yos. neil: do you think when, in all
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seriousness, the government puts more rules and regulations here, doesn't that push businesses out the door? >> absolutely, it does. this is all my fault. i was atwoo at woodstock. but these are the people that grew up in that era. they get up in the morning and jump on a unicorn before they go to work. neil: they start community organizing. >> they see the world in a certain way. neil: their hearts are in the right place, but the damage is done when it's on our dime. >> they're trying to bend reality into their theories. it doesn't work. we gave the toughest job in the world to a man who has never had a job. neil: that's well-put. >> really. and he hires other people -- neil: who don't have -- now, the midterms supposedly sent a
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signal, we want that to change. we want to work on these issues not these other issues that seem too esoteric. do you think that will change? >> no. because it's their view of the world. it's not just the president. he has everybody surrounding him saying, this is the way the world should be. this is the way it should look. what people should say and think. and we'll bend reality to fit that mold regardless. so i don't think the outside pressures -- neil: but american businesses are doing very well. the markets are racing to new highs. hey, if we're doing so poorly, that's a funny way of showing it. what do you say? >> well, you wait and see. because american businesses, they might be doing well -- certain businesses, but the businesses that require skilled workers, they can't find enough skilled workers. because, again -- neil: they get them abroad. or they go abroad. >> they go abroad, if
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you want to keep it here -- neil: you can't. >> you can't. they're reinstating shop classes in schools. neil: we can't forget to make stuff. >> we have to. that's what brought us to the dance. we're a country of manufacturers. i know it will be a shock, but actors and celebrities didn't build our civilization. i know it's a shock. neil: tv anchors have any role? >> tv arranges wh anchors who ae crucial. neil: reading the prompter is a gift perform you are the only actor who has been in every pixar if film. >> you need a couple of bucks? neil: i do. but how have you managed that in a community that generally doesn't wrap its arms around conservatives? >> well, they don't watch your show. they have no idea.
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neil: see, that hurts. that wasn't the answer i expected. >> no. i don't talk about it. neil: well, they know what you're coming from. but i think what helps you, you're very funny. >> could be. you've seen me eat obviously. neil: in all seriousness, you're very nice guy. don't wear it on your sleeve, barg badger people. >> it doesn't help anything. neil: it helps you're a good actor. >> thank you. neil: don't mention it. >> but i came up through the trades and that was my job. and i bring that to my present job. i show up, do my work, i go home. neil: did you ever have any idea when you were a young guy that you would be this megastar? >> no. no. i thought i would be pushing the shopping carts forever or being a deckhand. neil: or at least making them
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here in america. >> it's whatever. i was a deckhand on a oyster boat. and did some carpentry and stuff. neil: what the hell happened to you, john? >> i happened to be in the right place at the right time. neil: john ratzenberger. he practices what he preaches. you saw these images in our live coverage on ferguson. here's the thing though, the rest of the world, the rest of the world, are you feeling proud? you pay your auto insurance premium every month on the dot. you're like the poster child for paying on time. and then one day you tap the bumper of a station wagon. no big deal... until your insurance company jacks up your rates. you freak out. what good is having insurance if you get punished for using it? hey insurance companies, news flash. nobody's perfect. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. see car insurance in a whole new light. liberty mutual insurance.
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and very diverse population, but i hope people seeing the images out of ferguson whether they're here in the united states recognize that for every looter, there's 100 people in the community that want to live peacefully. there are millions of americans who want to seek justice, love mercy, and live peacefully. neil: that might be statistically true. >> but we're supposed to be the police officers of the world and we can't police our own people. and we go out there and we talk about how inhuman they are in china and russia and yet we are treating our people inhumanly right now. >> the rest of the world is looking at how we respond to this situation. it's not the fact it happened and it got out of control. what are we going to do -- neil: imagine if you're vladimir putin. oh, they respond violently. >> no one was there to protect the people. that doesn't send a good
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signal either. neil: very good point. a little less divisive, issue two. should we worry about pork. whether we're getting pork. now forcing companies to discuss which food items make you bloated. i think they should be more open about their bloated budget. 3.9 million bucks to get monkeys drunk. tracy, a bit much? >> yes. i think we tested to see whether drunk fraternity boys did better in vegas. neil: just out of curiosity, did they. >> no. they did not. we needed the study. >> we're extending a million dollars at a big, huge lavish event in vegas and between 2010 and 2012, $50 million were spent on the irs for 250
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different conferences was that necessary? the irs is policing up to get our money. neil: that might be a good thing there. >> obesity is a big one. the cost for businesses to do this far outweigh the benefit of the calorie count. you'll still have the doritos. neil: there isn't the money there. >> i agree with tracy. not only are the calorie counts costly, researchers have found they don't take the calorie count into consideration when they're making their menu choices. the same is true for spending. we don't pay attention. neil: until it is too late. guys, thank you all very much. all those illegals, all those deportations forget what republicans forget what republicans would
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how could switchgrass in argentina, forget what republicans would change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. . >> "what's the deal, neil?." >> and forget about ferguson, how to handle something much more controversial longer term, what republicans do in response to the president's stopping
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deportation for five million illegal immigrants, what would jesus do? i've been asking this question of the left and the right and getting the darndest answers. i don't think he would quite word it like that, dominic, i do see where you're coming from. michelle in dallas says -- clarence goes one better -- i must have missed that in marketing, clarence, clearly my bad. and then there's lizzie, not
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all right, go to facebook.com/team cavuto. sometimes these themes can be constructive and helpful, and also on nights like this very hurtful. thanks for watching, good night. kennedy: like you, i watched the decision in ferguson with heart break, the combination knowing of the nonindictment would not only be less than satisfying for residents there, it was a certain incendiary device, nothing was or is going to bring back michael brown. death is an emblem for how we see race and how we see ourselves. some people see the decision on darren wilson as a relief, justice delivered rationally, others see it as a stake in the heart of already dying criminal justice system that selectively singles out groups of people for destruction. how you see what's happening in ferguson says as much about you as it does about them, who's right? who's wrong? and who's to blame.
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