tv Lou Dobbs Tonight FOX Business January 10, 2015 4:00am-5:01am EST
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thing in paris isn't fully resolved. they want to know how it's happened so easily? special live cost of freedom beginning at 10:00 a.m. eastern time through noon some ofweekend, don't despair. stay here and watch lou dobbs next. . lou: good evening, everybody. breaking news. french police took out three terror suspects in simultaneous police rates on two separate hostage situations earlier in the day. the radical islamist terrorists responsible for killing 12 people at the "charlie hebdo" newspaper in paris are dead, along with another radical islamist believed to have murdered a french police officer yesterday before taking five people hostage in a jewish grocery store. a manhunt is still under way for a female suspect believed to have collaborated in those attacks. and evident is piling up at this hour that the event and
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the terrorists who committed these murders are not only associated, but were part of an intricate plan put together by international radical islamist terrorist groups al qaeda in yemen, telling associated press they started and funded the "charlie hebdo" itself. and despite all of this president obama today again refused to call these terrorists radical islamists. >> we're hopeful that the immediate threat is now resolved. thanks to the courage and professional image of the french personnel on the ground. the french government continues to face the threat of terrorism, and has to remain vigilant. president hollande made it clear they're going to do whatever is necessary to protect their people. lou: live to paris for the latest and take up the president's refusal to call our enemies by their names, talking
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with admiral james stavridis here tonight. the keystone pipeline project in court while house republicans passed a bill calling for construction, a bill that has also won support for nearly 30 democrats. why is the president still refusing to approve the project and still threatening a veto? we'll try to answer the questions, and now just over 72 hours away from the inaugural college football playoff national championship game. the second seeded oregon ducks face off against the fourth seeded ohio state buckeyes and the game that could surpass the nfl's super bowl in viewership popularity and, yes, money. we'll be going through the tale of the tape and show you who we believe will be crowned the first true college football national champion. and we begin in france a
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nation still trying to recover from the deadly terrorist attacks and today's bloody aftermath. moments ago european leaders announced they will join french president hollande at a unity rally sunday to defend the rights as they put it of europeans to free speech. fox news correspondent greg palkot in paris and has the latest developments for us, greg? >> france's worst nightmare came true this week, jihadi-style terror sending shockwaves through the paris region. while the immediate crisis has been resolved today's events are haunting a lot people. it was an explosive tend to a dramatic day. two terror linked hostage standoffs ended by french authorities. a country on edge could breathe for a bit. following the deadly shooting wednesday at a newspaper office in paris, suspects and brothers, cherif and said kouachi went on the run, with police in chase they hijacked a
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car early friday morning and heavily armed men holed up in a printing company taking one hostage. thousands of police and troops poured in. the two said they wanted to die as martyrs. meanwhile a few hours later in eastern paris a kosher market was stormed by another armed man taking hostages as well. he was amedy coulibaly with his wife hayat boumeddiene who is still at large. authorities now say the three men were involved in past terror activities. coulibaly declared he would kill his hostages if the kouachi brothers were killed. police did storm, in the gunmen came out shooting and died. the hostage escaped unarmed. quickly after that coulibaly was killed. hostages emerged unharmed, four were killed, four injured. with the mixed results france's
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top cop was satisfied. >> i wish to express my profound gratitude and admiration for the interior ministry with calm and coolness they made it possible to have the hostages freed when the risks were high. >> reporter: security in paris is already high, the french witness the new developments with alarm. shops in the city's jewish quarter ordered shut for fear of revisals. french president hollande tried to settle a country's settled nerves and warned it may not be over. >> france is not finished with being a target of threats. therefore, i want to urge you to be vigilant, to be united and mobilized. >> reporter: the operation isn't over. police continue to search for the wife of that suspect. the prosecutor here in paris said late tonight that that woman has ties to the other terrorists in the group. the prosecutor also said unbelievably today could have
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been a lot worse. 15 sticks of dynamite were found in the kosher market. pretty grim. lou? lou: greg, thank you very much greg palkot from paris. al qaeda is certainly not on the run, and the united states has now issued a worldwide travel alert for americans. chief intelligence correspondent catherine herridge with our report. >> reporter: a rare and candid warning from the head of mi 5 britain's security agency speaking at london headquarters, director general andrew parker warned al qaeda terrorists in syria are planning mass casualties against the west like iconic landmarks like big ben. quote --
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parker is referring to the growing number of seasoned al qaeda members in syria many with ties to osama bin laden known as the khorasan group. they include nasser it is deeply troubling to british and u.s. intelligence officials. >> it's a fundamental challenge for us but as a society, the freedom of speech the right of privacy is an inherent aspect of our society of our culture. and yet find not only private citizens engaged in lawful activity using those same structures. >> reporter: in exclusive interview with the fox business network, the nsa director said paris shows how radical ideology is driving lone wolf and small cell operations. >> i need to engage in behaviors that support these beliefs and i didn't need to use targeted violence or indiscriminate violence as a vehicle to help perpetuate this
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viewpoint of others. that's not a good development for us. certainly increase the challenge from an intelligence perspective. boy, that makes life a whole lot harder. >> reporter: cherif kouachi told a french tv station he was sent by al qaeda in yemen considered the most lethal and capable of affiliates. anwar al-awlaki financed him. u.s. government sources believe the other brother said kouachi traveled to yemen early in the same year and made direct contact with the al qaeda training camp. counterterrorism officials are reviewing a claim of responsibility from al qaeda in yemen as well as a four minute video called the blessed raid in paris. fox news confirmed the fbi and homeland security department sent out a joint intelligence
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bulletin to federal, local and state law enforcement. the recent lone wolf islamist terrorist attacks showed evidence of training, premeditation and reconnaissance. the terrorists carried out the attack during the newspaper meeting in order to maximize casualties. lou? lou: catherine herridge, thank you. the keystone pipeline clearing two hurtles. first the nebraska supreme court overturned a lower court that ruled that the proposed route for the pipeline would not work, potentially paving its way for construction. the obama administration had been waiting for the outcome of that case before deciding whether to approve or deny the project they said. they said similar things about the state department's assessment legal issues. hours later, however, the house of representatives voted overwhelmingly 266-153 to authorize completion of the pipeline. 28 democrats joining
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republicans supported the pipeline. the senate debates a keystone bill next week. the president has already vowed to veto the measure. republicans don't apparently have the votes to override it even with all of the democratic help. the house app committee unveiling a nearly $40 billion bill that would fund the department of homeland security through september. as of right now the legislation doesn't include language defunding the president's executive actions for amnesty. republicans will try to add that element next week. congress has to pass a spending bill for dhs by february 27th to avoid shutdown of the department. stocks turned negative for the year to date. the dow falling 170 points the s&p lost 17 the nasdaq dropping 32. volume on the big board dropping a bit to 3.3 billion shares. for the week the dow, s&p and nasdaq all lost half a percent.
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. lou: the economy posting its strongest year for job growth really, in 15 years. the unemployment rate falling to 5.6%. the economy adding 252,000 jobs, exactly last month. but the good news stops there as hourly wages unexpectedly fell. the labor force participation rate dropping to a 37-year low. he's with his outlook is bill lee from citigroup. good to have you with us. >> thank you, lou. lou: happy new year very good news when you look at the unemployment rate and say 5.6% who would have thought, and you look at the other numbers. >> for the wrong reasons the participation rate went down, the labor force went down. that's not a good reason for the unemployment rate went down. is the fed going to move because we're closer to the natural rate? we're going to have inflation?
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and my answer is inflation is off the table easily into 2016 or 2017. lou: investigation in not a concern for principal trading partners, nearly all of them in europe. how serious is the threat of deflation in europe? >> a very serious problem, and that's why they have to act and act soon. for the first time i've seen in my experience as an economist, the fed is giving advice to foreign policymakers. in their minutes, they said if there's growth that slows down abroad and a problem abroad policymakers should act. when is the last time you heard the fed give policymakers advice. lou: this is a troubling time for the fed, and doesn't appear there is a sure path going forward whether in terms of interest rates, whether in quantitative reasoning, restoration, unthinkable, i know, if inflation were to become a contagion, it would be on the table would it not? >> worse is to keep rates at
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zero for a long time when the economy is growing at 3%. zero means emergency settings. 3% does not warrant emergency settings. the key is how do we get the rates off the floor? when the fed starts to move, it's signaling things are good. good comes from oil, and that's not enough. lou: as we look at household formation, we look at housing, and look at existing homes or new home construction, you can take certain quadrants and things look good, and then you look at the number of people who are without work. looking at 252,000 jobs in the economy last month created, but my god we are lagging so badly? >> exactly the problem, there are jobs created, not careers created. in order for households to form and people get married and enter into serious relationships, i've got to say what's my career, my earnings profile for three years. we have jobs, jobs that don't
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last for longer than -- until the employer decides not have you anymore. lou: this is not an aside, this is the principal point that should be discussed in washington, d.c. what are the policies that are going to drive prosperity? this president refuses to even discuss the issue of prosperity for the middle class. there's lip service given by both parties, but the reality is our way of life is threatened right now, there are externalities including the islamic state, al qaeda, i'm not talking about russia or china, i'm talking about the foundation, this economic system of ours is under threat. >> you got ask the question, where did the middle class find careers in the past? through the markets, looked where the highest wages were. what do i need to get the careers and get the education to get that? now i need a tailor made custom made designer career given to me. that's not the role of government.
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government cannot create careers, they can create an environment where careers are made. lou: today the president is saying he's going to give everybody a free education without reference to policies, any criteria our standards or how he would raise the money. if those folks get it would be trained for this. is madness now that a government in cooperation with a community college, by the way, i'm a great fan of community colleges. they're the greatest bargain of education in the country outside online education, but to suggest that somehow the government has the capacity to tell people, young people, you got to train in this subject, this area this vocation this trade, because it's the future. this government hasn't figured anything else. >> it was industry who said we need guys doing the career, and we will train you, not a community college set up in isolation saying we think this is going to be good in ten years' time, learn how to do.
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this that's the wrong way to go. lou: isn't it interesting obama doesn't come up with a suggestion instead of a free college education, perhaps ways public education and community colleges and higher education could be more efficient, more productive. >> remember what we used to call work study jobs industry and -- lou: one of the most successful universities in the country is northeastern university, in cooperative work and study, and what an opportunity. >> absolutely. lou: thanks so much. bill lee, great to have you here. >> thanks for having me. lou: see what the new year brings. >> absolutely bring me back. lou: you got it. listen to my financial reports three times coast-to-coast on the salem radio network. we asked the following question -- be sure to vote in tonight's
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poll. the question is -- cast your vote. we'd like to know what you feel. is it real? loudobbs.com. up next, the story of one local newspaper that refuses to bow to the pressures of the liberal mob and political correctness. stay with us. you know your dentures can move, unlike natural teeth. try fixodent plus true feel. the smooth formula helps keep dentures in place.
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. lou: winter's here michigan police shut down the highway in kalamazoo when a pileup of 90 cars and trucks. one person was killed. slippery roads believed to play a part. among the vehicles a truck carrying fireworks exploded. yes, that's what you're looking at, incredible. a few comments on the discussion last night on what are the authoritarian impulses
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of the left in this country? whether it's the president's decision to never to refer to terrorist as radical islamists, or to declare that the terrorist organization, the islamic state isn't actually islamic. evidence abounds that president obama and his administration are clearly intent on suppressing and suffocating free expression and rational thought and rationalizing at the same time that, that suppression, under the guise of so-called political correctness will become even broader. the left as this president made clear isn't interested in having a full and vigorous debate on the issues. they're not interested in that whether the issue is immigration, foreign policy or energy. this president and the leaders of the left want to shut down debate in this country. to shut down discussion of the fact, and demand that debate be strangled, whether through political correctness or political force physical
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assault and property and persons, whether in demonstrations in ferguson, missouri or against two police officers in new york city. or take the demands of the left in the city of santa barbara california demanding, not only debate or discussion but rather demanding the newspaper in that community simply surrendered to threats and intimidation, and do what the liberal mob tells it to do. the demonstrations trying to shut down the paper because, as they put it the santa barbara news press ran this headline which reads, illegals line up for driver's licenses. >> that word is ridiculous it's uncalled for. >> you don't degrade people, we are all human. >> we need to have respect for immigrant families. the city of santa barbara runs on the economy of our service workers. they deserve more respect than the headlines. lou: this week, dozens of folks
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angry about the term protested outside the newspaper offices as they certainly have a right to do. but then vandals also attacked the newspaper's building spraying the message, the border is illegal, not the people who cross it. which is in fact falsehood. the paper responded. courageously -- the newspaper pointed out that president obama himself uses the term as to left wing newspapers including the "washington post," and the "new york times," using the very same words to describe folks who enter the united states illegally. the left wants to be called liberal. they want to be called progressive, when, in fact they're neither. they are often simply authoritarian, and that i don't
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believe will stand for long. our quotation of the evening, this from salman rushdie, the british noveliest and onetime target of radical islamist terrorists and the subject of a fatwa demanding his death. he said -- we're coming right back. the president has another just great idea. free college for everyone! who's going to pay for it? who cares! the
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. lou: it might be a hard sell, that's not stopping president obama from unveiling a proposal for tuition-free community college. he did so in an event in knoxville, tennessee today. >> community colleges should be free for those willing to work for it because america education cannot be a privilege reserved for a few. lou: well, i've got another idea. if he's going to make it all
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right why, not make it free for everybody to go to the ivy league, to go to the top 100 schools? why dink around with community colleges? well of course, nothing is really free. the price tag for the plan estimated to be $34 billion a year. joining us to talk about that the and the a lot more. former white house political director matt schlapp and former bush spokesperson, mercedes schlapp. what do you think about the president's unveiling of the gift to the new masses? >> what's next? free ice cream too? he's talked about the free pre-k, free cell phones free handouts, a litany of free things that we know are not free. it comes with a huge price tag, and the other part is no proposed legislation with no real in-depth thought into how this would be implemented and quite frankly with no republican support.
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lou: matt now i know republican support as best i can tell there's no emperical support, no rational support at small. >> you know what he'll do next lou, sit down at desk and write executive order to make it pass without going to congress. that's his mind frame these days. the fact is this president obama has raised our taxes, he keeps saying that the rich and corporations have to pay more taxes. and he would do with more revenue is do more programs like this. it will accomplish very little if nothing, and gives him a nice speech but bad for the republican -- he's doing the wrong thing again. lou: what i resent is the tone of the man in this. it's like he's waving a wand at the great unwashed in this country. it's as if this isn't america he's talking about. it's as if the community colleges are not the best bargain right now in higher education in the country
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already. a better idea. this man is to me getting -- he's quickly moved off the rails completely. he's beyond lame he's more than lame. >> and quite frankly, there's federal aid programs there's plenty of support that a lot of the lower income students who want to go to community college, if there's availability, there's availability. what's wrong with people having to work and earn their money in order to go ahead and go to a community college, and i think it's such a disservice to a younger generation that wants a degree. there is plenty of help that the federal government has supported in a lot of ways to say, it's free for everybody. that doesn't make sense. it could again become financially unsustainable. lou: let's turn to this president refusing to talk about radical islamists, and both of you worked for a fellow who did the same thing.
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george bush, like him, would not talk about radical islamists. this is madness, and this president has carried it to a level of to me of just absurd, absurd political correctness. >> these are not methodists running around the globe beheading people. they are not crazy episcopalians, doesn't mean all muslims are bad and radicalized. clearly this form of terrorism has roots in one religion and it's this radicalized islamic sects across the global. and the president ought to call it what it is. lou, i wonder if he's in the "harry potter" movie, and refuses to say the name of baldemar, the evil war lock. we're going to fight him. lou: and hillary clinton knows something about enemies. if i can segue in that manner apparently furious according to
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the new york post over the mention of her husband in connection with the billionaire pedophile jeffrey epstein and his scandal. mercedes any thoughts? >> lou tonight say i i want to know what mercy thinks about this first? >> for hillary clinton obviously thinking about her presidential race and these are distractions, these are the types of stories that become a distraction for any campaign. and so for her again she needs to ask the question she asked many years ago am i going to stand by this man, and quite frankly he's been an asset to her in a lot of ways. when he's dealing with a pedophile and had the stories when he would travel with jeffrey epstein from 2002 to 2005, this is a story with legs and going to continue to haunt him and quite frankly can haunt the hillary campaign. lou: matt, you are going to get the last word. it may not happen in your household but it's going to happen tonight.
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matt, wrap it up. >> the bottom line is bill clinton is one interesting political figure, if hillary clinton is going to run for president, she is going to get all the baggage associated with bill clinton. and what we've seen here is it could get worse. lou: matt and mercedes schlapp we thanks for being with us, have a great weekend. >> thank you, lou. >> thank you, lou. lou: up next, the president famously said al qaeda was on the run. one of the world's top intelligence leaders says they, the al qaeda are just getting started, and former nato allied supreme commander james @? don't talk, when we don't touch
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. lou: al qaeda and yemen tonight claiming it directed the terrorist attacks in paris while the head of britain's intelligence agency warns that radical islamists are planning massive attacks against the west. for more on the threat, i'm joined tonight by the former nato supreme allied commander, dean of the fletcher school at tufts university admiral james stavridis. good to have you with us admiral. >> hi, lou. lou: we have talked often about the threat of al qaeda and the global war on terror and what it represents. is this a change in direction?
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is it a change in strategy? or is it simply more of a tragic outcome, based on unrelenting ideology against the west? >> i think it's more the latter, lou. but should not discount the fact that our opponents, these violent extremists are using a new tactical approach which is to try and put small groups, use hand-held weapons, create violent terror in a small area, everything from the boston marathon bombing to what we've just seen here in paris. so it's a tactical variation on a strategic theme. lou: and in europe, it is in the context of a multicultural society, of which that society has been proud. it is also creating enormous enormous doubt about whether the european union is as
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conceived can survive, a nation, france with 8% of the population muslim and great fears within that society now about what it means to have to contend with radical islamist terror. your thoughts? >> these are dark days in europe, lou, in addition to these kind of pressures within the society, the overhang of a frankly stagnant economy is combining to create a potential flare-up in these immigrant populations. i think we're going to see more of this. i think it is going to spread to the united kingdom. it's a timely warning from mi 5, mi6, and we should be very concerned about its export to the united states. why? because many of the actors hold european union passports. thus can have access to the united states in many cases. >> and we have a president who will not even use the word
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radical islamist yet that is clearly who the terrorists are, who they represent and whose interests they seek to advance with their destruction. what are we to make of a president who will not name our enemies, and who will not act to destroy those enemies even as he has vowed to do so in the case of the islamic state again, which he has referred to once as a jv team, in comparison to al qaeda, and secondly, is not even islamic, despite their name, that they have chosen for themselves. >> lou clearly this is radical islam and need to make this an away game. we need to continue to put pressure on the terrorist centers in yemen in iraq, in syria. we need to cooperate with european allies. this is the time when we really need the national security agency and surveillance. and i think many of our european partners who are very
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angry at nsa for some of its surveillance are clamoring for that intelligence. we've got to call the threat as we see it as you say, and push hard to make this an away game so it does not become a home game in the united states. lou: and to that point, is this administration capable of having a dialogue a public dialogue in, i think, for the most part about, a strategy, and assertation what in the world it is they will do with the ideology and the religion in this case islam and those who are radical fringe but a fringe that is in large measure receiving support from a very quiescent group of leaders in the world even as they wreak havoc in france? >> lou, this brings up an
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exceptionally powerful point which is the financing. we have got to use the hard power in the short-term, but as we move forward, finding out where the financing for the groups is coming from and i think we're going to find a great deal of it emanates from the arab world itself. so this screams for inner agency cooperation between the department of defense, the department of treasury department of justice, department of homeland security. bring in the stove pipes together to defend ourselves properly following the money in the midterm as well as using the hard power of techniques we talked about in the shorter term. lou: admiral, good to talk with you, thanks for being with us. admiral james stavridis. >> thanks lou. lou: cuba beginning to make good on pledge to release 50 political prisoners, part of a unilateral attempted opening up on relations with cuba on the part of this administration, that agreement last month
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beginning to take root it appears. 36 opposition activists have been freed this week. no word on the 17 others that cuba has promised to release. up next here, the oregon ducks take on the ohio state buckeyes in the first ever college football championship game. monday night. could the new game one day rival the super bowl? we'll take that up as well and i'll declare a winner here. you don't want to miss that. you know your dentures can move, unlike natural teeth. try fixodent plus true feel. the smooth formula helps keep dentures in place. it's free of flavors and colorants, for a closer feeling to natural teeth. fixodent. and forget it. introducing a breakthrough in time management technology. a whole new day of the week, it's called, someday...
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lou: it's the oregon oregon state ducks. it may be the real big winner of college football's first national championship game may be spn, the network paying $7 billion over 12 years to broadcast the college games. and they're bringing in big, big ratings and big money. advertisers like australia, general motors, northwestern mutual at&t lining up forking up a million -- roughly 20 to 30% of what espn was charging for last year's game. joining me now to talk about the big business of new college football first ever championship. tony, a man called one of the most powerful men in sports with former
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vice president of global media for bush. now ceo of the group. great to have you here. >> thanks, lou. lou: $7 million. that's huge money. >> it is. it's starting to look professional. it's espn protecting billions of dollars. they have to have the contact. and if they have the content, you know, those cable operators will not only -- they're getting $6 per subscriber per month with 90 million subscribers. 90 million homes. starts to add up. when you're 40% almost 50% of disney's operating profit, you even have more of an anvil on your shoulder to make sure of you you have a viable network. lou: i must say i'm thrilled. i love college football.
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i think it's amazing. like most football fans, i've been praying for this for years. it's here. >> well, you know, college football when i was at anheuser-busch, it was nfl football then college football. many of these communities and states, college football is probably bigger than nfl bigger. i mean oregon's fans are they seattle seahawk fans? probably not their state. but you know here oregon duck fans if they're not oregon state fans. lou: i will confess i'm an oregon duck fan. i love these -- love the ducks. i married a duck. i have no choice anyway. but it's an incredible program. and great stories. whether it's marcus. whether the head coach, the entire team, an offensive line that has risen from the ashes. i mean, it's just incredible this team ohio state.
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i mean, my goodness. just a powerhouse. so it promises to be a great game. what is the potential impact on espn on ncaa football if this thing goes bigger than is expected in terms of ratings? >> well, i think it will be bigger than we all thought it was going to be. and it will make them, if they're not already a very viable sports network. yeah, they really are already. the real question is, where is this money going to the universities? how will it be best utilized. you have schools like texas and michigan and wisconsin and ohio state gain upwards of $150 million a year. is it just going back -- lou: i didn't hear oregon in that. >> yeah, oregon as well. so where does that money go? and how does that help the universities and the students beyond just the
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sports program? >> yeah, it's funny. there's such identification with these universities and their football teams. lots of decisions are made by students going there and the family is paying for them to go there, based on academics, but they want that division one football. >> and all of a sudden i'm sure every donation person at oregon and ohio state and even back before the state in alabama before were knocking on doors. and for advertisers you go to the advertisers a little bit. the entertainment opportunity. if you're australia and state farm you're bringing your customers to this game. spent money, bought tickets. this is great corporate entertainment. >> you know, there are people including the quarterback for ohio state who had some controversy a few years talking about why should he go to classes he's an
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athlete. others saying why should i not be paid to pay. the coach is making the case $800 million a year. especially for a young man playing a game, you know blood sweat, and glory. what do you think? >> i think it has to be a part of the conversation. no question. they've now said they will pay for parents to go to these games who don't have the resources to do that. you have to argue a little bit that a 50,000-dollar education is in a way a value. lou: it's a treasure. >> but these students can't go and work in the summer or do other stuff because it's all about their sport whether it's football or basketball. we don't want to keep paying college football prices. not that we're a free enterprise. five $10 million. >> it has to happen. it brings the -- all the way to ten.
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>> we mafia to consider coaching. >> absolutely. >> thanks a lot. tony. >> the wrap up. who will be the college football champions after monday nights game. michigan team is the only team -- and state lost to both teams playing in monday night's championship. reporters ask coach tony to predict the winner. he wouldn't. maybenot to choose the 12 champion as the likely winner. who could be more applicant however than president obama who once fancied himself quite a prognosticator on sporting events? he will not call the outcome on this game either. it will be a terrific game. that's not why my wife and i will be in at&t stadium in arlington texas. we're cheering the amazing ducks. (?) did i mention my wife is
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an oregon alum? we thank you for being with us. have a great weekend. and, yes, most definitely yes. goor what might happen this weekend. next comes "the willis report." gerri: hello everyone, i am gerri willis and this is the willis to work to show where consumers are our business. and another big government program. free college. >> free for everyone who is willing to work for it. gerri: the president says it's free, but guess who is willing to pay for it. we are breaking down this proposal. in a violent day in paris. french police and terrorists clashed in a bloody battle. hostages are killed in the prime suspect in the terror attack are now dead found dead are said kouachi and cherif kouachi. gerri: gas prices less than $2 per gallon in much of th
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