interesting. there will not be a charge. >> civil charge. lou: that's what we call judgment. not prejudgment. as exercised by this administration's attorney general and our president. thank you. neil: welcome, everybody. i'm neil cavuto. houston, we have a problem. two of that city biggest employers, halliburton and baker hughes poised to cut jobs. not just in houston. american express and ebay the latest two announcing layoffs are coming as well. the sudden drop in profit about 40% in the first quarter, i imagine it's a matter of time before they're cutting back in a flash as well. sandbag. maybe not as well. with an economy the president has been trumping and pumping. you don't go around the country relate patting yourself on the back if this reversing recovery

risks kicking folks in the ass. or something like that. john paul, of course the brains behind the paul mitchell hair products. and the pa tron liquor products. i need a drink. >> me too. neil: what's going on? >> i was a bit disappointed, on the state of the union message, politicians were taking all the credit. they never said the people. that's the businesspeople of america. that four or five years ago when things were bad, we grabbed it by the horns. we turned things around. neil: you don't credit the stimulus and all that? >> i would say that with all due respect the stimulus made it tougher for businesses. the american businessman worked his way around it. american express is going through an adjustment. american express had some good times here. they had a good quarter and year. but they lost a bit of money in their travel, which wasn't going right. the travel circuit --

neil: that's exactly right. >> at the same time they have a lot of fines to pay which they're paying off. they lop a few people. they make an adjustment. take people out of travel. they'll hire people right back again. i don't think that's an invitation. lou: you worry that the president doesn't get it doesn't see it, doesn't appreciate the very thing he was bragging about might be turning. >> what he's bragging about, no disrespect, he didn't do it. we, the people did it. the american economy got behind it. the businesspeople got behind it. neil: forforce overtime pay, sick-leave does that risk impairing that. >> if you penalize the people that helped the economy -- you did well let's have more sick pay. if a person in a business works for their

people and loves them, they automatically give them what they need. our businesses do it. we never lay somebody off. neil: guys like you are an exception. so we ought to put this as europe into a corporate credo that stuff will be covered. >> europe is in great recovery right now. are you kidding? it's not working. that's the whole thing. it's not working. neil: he mentioned earlier in the speech that our job gains dwarf all of theirs behind. making this push referring to europe. maybe that's why. because we don't force all this stuff. >> take a look at the euro. down below a dollar 20. take a look at that. things are going down in europe. europe is going down. neil: what would you recommend to the president as he goes around the country pushing this in a lot of conservative states? >> mr. president, first of all, it's we, the people, not you and the

administration. that's dividing people. talking about the 1%. that's dividing people. this will only continue if we do this with you. if we don't overburden you with regulations that you don't need or necessities you don't need. everybody should make money, but work with businesses so it makes sense. no one makes minimum wage with my system. if the government works with businesses, you have a good result. the biggest flaws, what's been going off for the last eight years has been the division of people. it's not right. instead of working together, there's a division. when you make it mandatory, without working with the business groups to make it happen now, you have people at war. why don't you work with business groups, mr. president, and come with a solution that favors both. neil: what do you say about republicans? they don't get a pass

with you. what do you say? >> i'm an independent. what i say is this, work together. democrats, when you had the house and the senate, very little happened. republicans, you now have the senate and house, let's make something happen together. more important, the answer is this, and no one will want to do it. why don't you talk to one another, not behind closed doors. democrats, republicans mr. president -- neil: don't hold your breath for that. >> get in a room and let us see what's going on. you'll act differently. that's what we need. neil: with all your success. it's amazing. you're a great american success story. could you have done that in this environment or maybe -- i've talked to a lot of guys like you a few that have just become super big, some of them regardless of the environment, they would have succeeded. do you think in this environment, you could have? home depot's cofounder he says he doesn't know.

>> the answer is yes. yes, i could. easier. because when i started unemployment was 10.5%. interest rates 18%. inflation 12.5%. and we waited in line for gasoline. the american system still works if people believe in it. when you guys towards the area, well, we'll support you. here's more food stamps. by the way, food stamps have come down. you know who changed that? the american businesspeople. when we started grap laboreria for them to feed themselves. sell at grocery stores as organically grown produce. get them into honey and chicken. they were self-supporting. they could get off food stamps. with all due respect when you give credit to those who do it and you don't look at people

looking for handouts, you have a robust economy. step back, mr. president, and take a look who is really doing it. work with us. you may be a hero. neil: you might have a future in this business thing. great seeing you. in the meantime, more job cuts at banks. how do you think they'll pay for those billions of bucks in fines. four to five investors predicted banks will -- hundreds of thousands already. to tracy byrnes and ceo mark. tracy, first to you. you sort of spelled this out as our accountant, numbers nerd, you're going through the cost they've been looking at, there's only one way to address that. that's through layoffs and cutbacks. right? >> the government issues more regulations. you keep laying people off. you don't have people to follow through. things slip through the

holes. the government finds it again. in order to meet their bottom line, they lay off people. it's become circular. the banks can't get out of the way. they can't loan money. interest rates are so low. why would anyone give out a mortgage for 2%. banks can't make money and keep people on staff to keep the lights on. neil: a lot of people are hearing this and say i don't feel sorry for the banks, eventually they find a way to make money and keep that federal protection coming. what do you say? >> if you take $2 trillion for a bailout, that's blood money. i agree with everything tracy said. it sounds like a chapter out of atlas shrug. they see this negative stuff and they think, now, i need to get out of bank stocks. (?) all that information is already priced into the price today. bank stocks, are high booked to market stock. they have a longer term

higher expected return. neil: you're looking at the bank stocks as good stocks? >> yeah, risk -- a study showed that companies who have a lot of book value, but small prices have long term expected returns. you have to buy these things before you have the right narrative. 2008, 2009, no one had the narrative that everything was going to come back. s&p has come back since then. >> they're not going to move until interest rates move. they will eventually be a great place to be. and the second interest rates move these stocks are off to the races. until then, they're in a holding pattern. neil: you would think with things slowing down now might not be the time to consider pushing taxes up. henry says you would be thinking wrong. congressman, you think the president's push for squeezing more taxes out of the rich makes sense, essentially because they can afford it. right? >> you know, we have to

keep in mind the words from president lincoln that you don't help the poor by tearing down the rich or the workers by tearing down the businesses. having a targeted tax increase, i don't think that's the right approach. we should find a way to make the taxes more fair and flatter. neil: you said what the president -- i'm sorry congressman. are you saying what the president is proposing is the wrong way to go about that? >> i respectfully don't agree with the president. we need to -- instead of target, we need to expand the tax base. neil: okay. now, there's also this argument back and forth whether there's ever a good time to raise taxes. i always think there's always a good time for reforming tax code itself. are we ever going to see that? you take out the special breaks but you lower their overall rate for the rich. do the same across-the-board. you would actually

encourage activity, economic growth, and get more revenue for uncle sam. right? >> right. and in some ways, we can also, for example corporations, if we can lower their taxes for the corporations so we can compete with other ones across the world. there's a lot we can do to flatten the tax rate and expand the base. and i think if we look at maybe what david camp looked at. what paul ryan might look at and see if the democrats can sit down and work something out. to try to ram something through, that's not the way. it will take some sort of consensus. i hope we can do this. anybody can talk about tax reform. can we actually roll up our sleeves and make tough decisions? neil: are you concerned -- i know you're a thoughtful pragmatic guy, which is unusual in washington, in both parties. but that your party has driven hard to the left. they call the shots. the republicans hard to the right they call the

shots. and no one is in the middle trying to get the two together. >> that's exactly what i think is wrong with washington. you have the far right. the far left. and trying to get us together and work this out, it sort of takes moderate democrats moderate republicans to actually get things done. neil: they're not there. >> you're the. and a lot of issues we're not there. but that's the approach we ought to have. otherwise, the far right and the far left will control the debates in washington dc. and the practical aspects of getting stuff done won't get done because of the far left and right. neil: be well, sir. remember when they said the michael brown shooting was a criminal act? where are the media now that the justice department just signaled that it was not.

neil: all right. where is the mainstream media right now? the justice department is signaling that officer darren wilson should not be charged for the shooting of one michael brown. katrina pearson says do not expect an apology from the media or any change in its stance. the attorney general was quick to say that race was an issue. quiet on this issue. what are we to make on this? >> i think it's pretty typical. what are they going to do? are they going to come out and issue a sincere apology to the police department or darren the police officer. they sat there and drove this huge wedge into america over race. i mean, i was expecting eric holder to have a press conference literally apologizing for driving this narrative that racism was involved. when you have a boy -- neil: it was the justice department that pushed that narrative. to your point ferguson was indeed about race.

the shooting was indeed about race. >> yep. neil: and perpetuated no less than the attorney general himself. now all of a sudden whoops. really? >> they did their own autopsy. a full investigation. the prosecution did a wonderful whole scenario. they had -- i mean, the evidence was overwhelming. the simple fact that the -- eric holder came out and said, we will look into this. well, i think the justice department needs to come out and tell the american people, you know what, we were wrong. there was no wrongdoing in this case. michael brown was a very bad person, and he got himself killed. it was wrong. the engine injustice was done to the justice department. and the businesses in ferguson. all the money that these business owners lost. it's devastating what happened in ferguson perpetuated by the federal government and they owe ferguson an apology. neil: well, you could argue, it

was at the government's behest that they sort of fanned the flames and got in bed with the likes of al sharpton and you name it. by fanning all those flames to new york, when we had a similar incident. i guess what i'm asking you then is: if the media won't change when it comes to ferguson, whether it change in how it covers stories supposedly about race? >> no, i don't think so. it works. they sensationalize it. neil: a lot of money. >> very good for money. and no one holds them accountable. the question is: where is the recourse? what about the business owners? maybe they should sue al sharpton for agitating this. maybe they should sue the federal government for inciting this violence that took place in ferguson. that's when they'll be held accountable. to your point they made money off this. and people lost their businesses. neil: very sad.

katrina pearson. thank you very much. to a punch line that is now out of line. the daily show jumping on ted cruz for an online gaffe. what if hillary were the one making the exact same gaffe. joe piscopo on the gaffes that got him gagging.

neil: well, it is time for neil's spiel. and since when does something online become such a quick punch line? i guess when you're ted cruz and left-leaning comics already think you're a joke. welcome to the firing line. >> how many people are at the tea party? [laughter] and what did this guy put on his feet when it rained? median incomes have stagnated for over a decade.

i want to start over. [laughter] [applauding] >> all right. here's a tip. here's a tip. if if you're looking to run for president, maybe you shouldn't make your response to the state of the union look like a ransom video. [laughter] neil: funny stuff, but fair stuff? is it me or are republicans always the one that gets the comic takedown. you have rick perry for that famous memory gap. mitt romney for his soulless gap. santorum for second guessing marriage. mike huckabee for second guessing beyonce. chris christie for being italian. then george bush for everything else. it's always good fodder. always grained ol' punch lines. minus joe biden zingers

here usually provided by joe. not usually the laugh on the right than on the left. it's not funny. a lot of the guys on the left and right bring it on themselves. i hardly think it belongs to one party. hillary said some doozies. that 180 hardly mentions a snicker. making fun of james taylor, showing up in paris a week late hardly justifies a single snide comment about the president not showing up at all. i'm not saying you should make fun at candidates, i'm saying, try to make sure you're ribbing at least all candidates because they're all humans. they all stumble. they can all take it. what i can't take is trying to make viewers think only one side is fierce and the other is just a joke. and comedian and seriously on fire joe piscopo says i might even have a point.

that's it, joe. i'm saying hey we all have thick skins. we have to. right? >> absolutely. neil: but the point is: hey, fine. then go at everybody. >> you're absolutely right. for john kerry to bring the great james taylor to paris. this should have been all over. we got on it. some people got on it. john kerry with that waspy avenue. and you got a friend thing. the problem with the g.o.p. the 2016 field no one has a sense of humor. they're unintentionally funny. chris christie is jumping up and down. you couldn't make that up. neil: i think that's fine. have at it. we did on this show. it's the cowboys. having a field day. i look at this and i thought it was unfair to ted cruz because that was something he was doing online for his own -- >> absolutely right.

neil: i know i do a couple of takes. >> no, you don't. i see you -- neil: hey, that's fine, but it's not as if he did anything with interviews and exchanges with people. i don't think it was fair. >> it was a cheap shot. neil: you have a good comedy because you're a heck of a comic. where do you draw the line. in the old snl days. i went too far here. >> ronald reagan was president when i was on saturday night live. we had to sat irize the president. he invaded grenada. we made fun of that. he was impossible to make fun of. he was so great. follow me on this, if i may. here i am a young kid on snl. we're lampooning ronald reagan. a popular president. a cool cat. out of nowhere i get invited to the white

house. i was a lifelong dem at the time. i went down there. they put me right before ronald reagan. and i shook his hand. (?) and i said, mr. president, great to meet you. >> well, joe it's great to see you. i was hook, line and sinker right there. nancy was the one in charge. i might have mentioned to you this before. there was a fire behind ronald reagan at the fireplace. i said, wow, that's the most fire i've ever seen. well, i have people to do that, joe. nancy rolls in. locks in my eyes. not saying a word. i got it. she said -- i could see it in her eyes. frank sinatra asked if you get here. you mind yourself because i'm in charge. nancy was smart enough to reach out to the guy making fun of her president. i never made fun of him. i'm a huge reagan fan.

now i'm a huge conservative. you won't see that today. neil: i think a lot of them bring -- the guys that do impressions of them, like richard nixon rich little. >> dana carvy. that got to be a great relationship. they don't like it, i don't think (?) but they better embrace it. >> yeah, keep it close like that. reagan was genuinely funny. neil: but you left out of that story, shoot him on the way out. [laughter] >> sinatra. had to be the old man -- ronald reagan -- neil: sinatra loved you. >> he used to call me the vice chairman of the board. neil: no one was better doing it. >> we still go out on the road and do it. great respect. here you have former democrats who turned out to be the great conservatives. that left, you know, an indelible print on my mind. neil: fair and balanced comical

critic. >> you should be funny. make fun of everyone. whether it's john kerry. neil: not that they don't have it coming. the other side -- >> we love "the daily show." brilliant. absolutely brilliant. it was a cheap shot at ted cruz. i'm not sure a huge ted cruz. neil: it was not that he said it was a practice thing he was doing. it was for an online thing he was going to put out. come on. >> i know. i know jon stewart went after harry reid who i don't think he fell in the gym. no one is talking about that. somebody got upset. i don't know what it was. neil: don't know if someone tried to take him out. look at the time joe. joe piscopo. >> get carried out. get him out of there. neil: i think he's considered a comic legend. hillary clinton says she wants to give the middle class a raise. well, that's fine. but this is the woman who can also raise billions in a clip.

neil: well, the race is on. and the wallets are out. hillary clinton democratic donors promising an unprecedented money-raising blitz. the 2016 fund-raising itself could top $5 billion. i should like that. we'd get a lot of that ad money. nick on how this could hurt some candidates who have actual ideas. but they don't have any actual cash. it's always being front loaded. right? >> some of these candidates will be competing for the same dollars. the problem is: i've actually spoken to some of my donors, and they said they're getting calls from bush from you know all kinds of people wanting to extract dollars from them. here's the thing i've told every donor if you're in a position to receive these calls, give to who you want. kind of give a little bit. give a little bit.

neil: try to satisfy them. >> save your big bucks for when the nominee gets here. neil: i know i'm an idiot with this stuff. do they fear the candidate they're not giving money to now, that they're out or what? >> you know, candidates have a short memory. they'll always take cash. they'll remember if someone refuses. they won't like it. but when it gets down to it, all republicans -- because remember when mitt romney and a bunch of people were running and everyone was number one for a while. had their day in the sun. at the very end everyone gathers their money together and supports romney. i think the donors will determine how this 5 billion-dollar price tag gets up there. if you have tom steyer out there throwing out. neil: he's a democrat though. >> yeah. you have people like steyer.

soros. neil: hillary has more than enough money. >> she does. neil: are any of them holding back? >> no. they're not. i think it would be fantastic if we had elizabeth warren, joe biden, o'malley the governor on the democratic side. we need her to spend some of this money she's raising or else she'll be sitting on a soft pile and we're going in a bloodbath. neil: what about this romney meeting? >> this really irritates me. we're just starting to get the players and see who is out there. romney said repeatedly, no no, no, i'm not going to do it. then all of a sudden he starts, you know announcing. neil: you realize, we have a lot of time here. what's wrong -- take a chill pill. [laughter] >> you just announced it could go up to $5 billion. 2016 will be here before you know it. that's a hell of a lot of money. neil: i year away.

calm down. [laughter] neil: i know what i'm talking. message to presidential candidates that come on this show. the good news you'll get a lot of media attention. now there is the bad news. you will get a lot of media attention. bobby jindal doesn't much seem to care as long as they get the name out, even as he keeps digging in and doubling down.

neil: did you know that the term no-go zones was wrong? i mean we reported the same and we were wrong. we botched it. we apologized for it. you are not i take it? >> not at all. absolutely they're neighborhoods where the police are less likely to go in. there are neighborhoods that have been documented by ambassador boldon and others where there are attempts to

impose sharia law. bobby jindal not apologizing. god, guns, grits and gravy author, mike huckabee says that's how you handle folks in the media. governor you stick to your agenda. there is that line depending on the media response i got from his appearance, where they said this guy just keeps digging a hole. >> that's always the narrative if you stick by your stuff. if you're clearly wrong, and you see the facts you presented are not facts or misunderstandings or outright untruths. you have to say, okay, look i was wrong. neil: do you think he's wrong? >> i don't know. i haven't been able to assess whether there are or not no-go zones. i know that every network was talking about this for a while, not just fox. fox was the only one that got beaten up about it. there were a lot of political figures

talking about it as well. neil: see, i don't think governor jindal cares. i don't mean to disparage him or you. it's a narrative he's sticking with. whether you call them no-go zones, there are concentrated populations that do their own thing. radical muslims doing their own thing, i can see where he's coming from. do you think the press he got maybe the same way you've gone after beyonce's lyrics and taking heat for that, you stick to your guns and say i strongly believe this is an issue. >> yeah. part of it is you have to remind people that the people who the critics often are not responding to what they said. they're responding to what a reporter said you said. the headlines is not what i said in my book. have you read the chapter? it's half a page of 270 pages. neil: you knew that would generate some response. >> i had several things that i thought would

blow up in this book and be the points of contention. that wasn't even on the list. neil: i thought the line about all the guys running for president are idiots. >> did i say that. neil: no you did not. >> i didn't think so. neil: destiny's child was there. of course, they worked with beyonce. you handled yourself well. how did that go down? >> fine. she took a strong stand to defend her friend. i think that's what she should have done. i maintained my position that beyonce is such a mega-talent. she doesn't need to go where she went. my point in all of this was, she's a role model for young african-americans girls. in an interview with glamor magazine, obama said i can't listen to beyonce lyrics like partition or drunken love because it will be

embarrassing. neil: but he can invite her to an inauguration. >> and that's fine. i don't even have a problem with that. do people need to get into the vulgar and crude? neil: i thought your appearance with jon stewart was remarkable. you stuck to your guns. there was a lot of grief in that. he was more or less saying, are you going to become the moral police? >> no. neil: a president huckabee would be the mr. holier than show you. >> nobody thinks that i sat around and tried to be the national scold as governor. that's not who i am. cut taxes. built roads. did education reform. that's what i person does when they're elected. does that mean i can't have a point of view? i think the culture we live in has an impact on the kind of society we have. (?) my assessment and a lot

of this comes from the experience of having governed a state and had a budget, the social breakdown is one of the major reasons that taxes are so high. juvenile delinkancy. kids don't have both moms and dads income to work with. it has a dramatic impact. and here's a fact: a child who grows up in a home with both a mother and father who are high school graduates 91% chance he won't spend a day in poverty. we want to talk about eliminating poverty build strong homes and communities. that's the fastest way. we've thrown more than $2 trillion at poverty since 1965. same poverty rate. what does that tell us? money doesn't fix this problem. morality sense of decency, that's what makes us a good nation.

neil: you'll go into the belly of the beast. other candidates will avoid them like the plague. >> i don't mind. i feel like one has to be able to go. and to communicate. and i use a term that woody allen's definition of success. 80% of success is showing up. you have to show up. neil: yeah my dad used to say neil stay humble in your case. nice to see you again. let me know when you and beyonce have that powwow. >> the last time i was on the view, she was on too. neil: is that before you did the lecturing? >> yeah. neil: i don't think it will happen again. >> i respect her -- neil: i hear what you're saying. >> if people want to understand, i just say to them, read what i really said not what someone said i said. then i think they'll have a different perspective on it. i can't imagine that they would disagree with it if they actually read it. we'll see.

neil: governor, thank you very much. mike huckabee. tax from cradle to grave. jamie, a punk for the debut of the strange "strange inheritance" on the heels of a tax that is strange. after this

neil: well, you've been taxed all your life. now the government wants to tax you more after you leave this life. congressman jason chaffetz says this taxing inheritance is one of the most immoral things you can do. the fact that the president is pushing a hike is wrong. to jamie colby on if he's right. she should know. she has a show that will

also be all about inheritances. because "strange inheritance" premiers on monday, 9:00 p.m. right after this fine program. so jamie, not only is the estate tax alive and well. the president wants to double down on it by going after heirs that want to dodge it. it's alive and well. what is the effect? >> i think the effect will be very impactful for small businesses and family businesses. as i travel to 25 states for "strange inheritance," i went to farms and ranches -- neil: twenty-five states? >> yeah, neil, it's a blur. it's eight months of unpacking and packing. neil: were meals included? >> mostly chicken fried. if you're in certain parts of the country. you would have loved it. what it is for these families in these businesses that want to stay third, fourth generation in the businesses, if they have to take the basis, a

civil war relic or bonnie and clyde's gun if they have to go back to what it was costing when it was obtained passed down for generations and pay that capital gain, they could be certainly forced to sell it and not have the option of keeping it. under this new plan that kids would be hit with the tax. neil: a lot of people you talked to beyond what the president is proposing now, is that how they weigh what they've inherited whether they keep it or sell it. >> the very first story i asked, how do you calculate the value of something from so long ago? and this is going to make it very difficult. we don't have records for many of these early heirlooms. they're family heirlooms. did the irs call? no they just said let her keep her nice inheritance.

they're watching for people who are inheriting things. but not all inheritances are huge. everybody gets passed down something. but should you be forced to sell it -- neil: there's a limit on it. you're allowed to accept a certain amount. right? and anything over that -- >> there will be some exceptions. neil: there will be. but these people have to weigh the emotional value of something against the dollar value. >> might have to put that aside so the government has funds. we have a shortfall. the country needs money. to go after these people, after meeting them i'm particularly sensitive of their plight because i know how proud they are of the legacy they have. this puts added pressure on them. neil: are they in the 1%? the president said it's a small percentage of people i'm talking about. >> some of them send their kids to one-room schoolhouses. walmart is three hours away. i wouldn't call them that caliber.

we saw expensive things owned by a couple that did well with it. or a nickel worth a fortune. but these are real americans with really proud, but unusual sometimes weird items. neil: "strange inheritance." monday night. great buzz. i've seen a lot of this stuff. whoa. you're in for good stuff. >> you don't have to pay taxes on this, neil. if you didn't get a "strange inheritance" t-shirt, don't demand it. neil: that looks small, but looks great. >> no, it's custom. neil: we'll have more after this. ready anytime the moment is right. cialis is also the only daily ed tablet approved to treat symptoms of bph like needing to go frequently. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess.

side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long term injury, get medical help right away for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision or any allergic reactions like rash, hives swelling of the lips tongue or throat or difficulty breathing or swallowing, stop taking cialis and get medical help right away. ask your doctor about cialis for daily use and a free 30-tablet trial. welcome back to showdown! i'm jerry rice here discussing the upcoming big race between the tortoise and the hare. jerry, the hare always brags about his speed. fine, but he crossed the line when he told... hey, turtle neck. want a head start, how about a week. yeah, my performance does the talking, ok. jerry, thanks for having me, i have film to study. hey, how about you rice cake wanna race? you don't want none of this. vote on twitter for your chance to win a mercedes-benz big race viewing party.

>> "what's the deal, neil?." >> what is the deal with all these other financial channels skipping out on state of the union night? if they say they have your back then why on the night the president of the united states

is cooking up hundreds of millions of dollars in new taxes did they go with reruns and all but kick you in the hiney? can't say i'm grateful that cavuto and company wouldn't dare do the same -- yes, i am sam, yes, i am. lou via yahoo! -- i'm perfectly fine with that description, lou, and thank you. norm nan alaska -- norm, you see that doesn't help you, you mean well, you don't count in ratings when you do stuff like that. in the future, keep the set on muting if you're hearing the president and you don't want to. put the sound back up when i'm on. at least this way we will get the ratings credit if i give you the nielsen box.

well, it's the way i roll. karen e-mails, neil -- thank you. pete tweets -- and tim in boston --

they do not! by the way, not everyone tim, because our ratings were off the charts! how were yours? zack writes -- thank you, zack. tia via aol -- think what you will just watch the magic and guests unfold in the future. carol in minnesota -- kind of like the last thing you said, carol. in the meantime, you can go to facebook.com/team cavuto and

let me know what you think. when it comes to these big events week have your back and looking out for you and your money. we mean it. we're not going to treat you like a shark and leave you in a tank. just sayin. good nice. ssel. [applause] [ applause ] . john: we just watched the state of the union, we sat through it so you don't have to. what do you learn? what does our studio audience think? >> boo! >> i thought it was in many ways his best speech ever, but we'll hear more from the audience later but first let's hear from our liberty-loving panel. cato institute economist dan mitchell managing editor of "reason" magazine katherine mangu-ward, and the creator of the libertarian republican news site austin petersen. so