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tv   Cavuto  FOX Business  February 7, 2015 6:00am-7:01am EST

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the right car seat. visit safercar.gov/therightseat to know what is appropriate for each age and size. there is. we'll have that next week. have a great weekend. neil: welcome, everybody. i'm neil cavuto. while jordan is hammering, and i'm still waiting. why aren't all these other angry arab nations joining? unless we all keep the anger up, we ain't going to take isis down. and james gilmore knows it. governor, we have to keep it going, but there are signs that the rest of arab world the moderate muslim nations aren't really piling onto help jordan here, what do we make of that? >> this is an opportunity for presidential leadership if isis is a challenge and threat to the neighbors in the middle east and western civilization that we have to be strong and decisive. you are exactly right. this has to go on for more
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days, more weeks, continue on support the king of jordan as he exercises his military leadership and makes sure that we knock these people back and get rid of them once and for all. lou: what i worry about he's going full throttle and commending and applauding that we might give weapons to keep doing what he's doing no one else is. they're jawbone about it in that neighborhood can, jordan do this alone? >> jordan can make a big and decisive difference, and we're seeing that they are. with american leadership with. our allies in the middle east. we can underscore the danger that this is not just to jordan or israel but to the entire middle east. the presidential leadership at this point can do that. what do we see an equivalency type of speech at a prayer breakfast. we see a doctrine of passivity, not doctrine of patience. all the messages out of white house are wrong are and bad, and you're right, we have to keep the pressure on.
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keep the attacks going. continue to drive forward, now that we have a real ally on the ground with the king of jordan. lou: governor gilmore good seeing you again, thank you very much. we might be waiting for other countries to pipe up, be careful what when michael moore is shutting up. not a peep glorifying a coward in the social media, because isis thugs are keeping it alive in the social media. don gillian says there that is a good thing, because we're keeping priorities straight. >> we were talking about a lot of tough guys on twitter. lot of people have a lot of machismo and people say what they feel on the inside, but you know having a feeling about something versus understanding it are two different things and you know in life, there is certain inevitabilities. we will all be born, we will all breathe. hunger. we will die, and there will
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always be war and always be killing, always. and people like michael moore and the other people in hollywood or in politics need to realize you have to lead follow or get out of the way. neil: the fact he's shutting up, do you welcome that to at least he's not adding insult to injury? or just getting ready to say something? >> he's like a whale i don't mean his weight he's like a whale that will rise for air again. he's an opportunist and people shouldn't take him more seriously than that. neil: i wonder about when we ourselves direct an airstrike over isis strong holds in syria, iraq, and take out civilians, where there is that as you talked about, the pain the collateral damage then he'll be all over, that questioning what you did, what chris kyle and others did, and we're back to here we go again, right? that we don't have the stomach are in. >> eventually what's going to happen, this is where they have
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it put on them, if we don't go take the fight to the enemy, and listen to people like michael moore, that enemy is going to come to us then what are they going to say. neil: when you were serving, did you pay attention what the media was reporting or say i got to do my job. the way it was portrayed in "american sniper" the book and the movie, kyle was rattled by it but said i don't want them coming here, i don't want them coming here. >> the interesting thing about being in the military we are told to stay far away from the press, and by and large, we don't associate ourselves, which is interesting, now i'm on the tv a lot but it doesn't play as big of a part as you think. i will tell you this it does hurt people's souls on the inside when they lay their lives on the line and somebody that has a stage to support them turns around and sticks a knife in their back. that is a vicious thing to do, and as an american you have to realize freedom, i was talking about inevitabilities, is not
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an inevitable that we're going to have freedom. some people are born with it, some aren't, if you get it you have to fight to keep it, that's all there is to it. neil: if you're not going to fight, it support those who are. >> support those who are fighting it. neil: i will never mess with you. and the jobs are back, unemployment rate is tick up. but the problem remains what it has always been for the recovery. folks aren't feeling it. and given stagnant wages, not seeing it either. there is no doubt that folks are fighting jobs the ones who lost the jobs. here's the problem they're getting the jobs at nowhere near the pay in the old jobs. market pros still think this recovery is what's the real piece of work. so gary, unless you get wage growth going, unless these people start seeing jobs that are proving big financial gains, we're not going to see gains, is that the gist of it?
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>> look, you want to see 3-3.5% of wage growth, and sitting at the low 2's right now. that's got to change. the bigger picture is the strongest area growth of jobs believe it or not is the $21,000 average and that's food industry hotel industry and the like, and one of the worst areas is the higher paying jobs around $87,000 and that's professionals and technology and things like that. neil, if that dynamic does not change, the economy will never see true potential. simple as that. neil: does that mean the recovery is getting long in the tooth, or we've been worried about this for quite some time. everyone take a chill pill? >> you know, i don't think the market thinks about that consciously, neil. it's bubbling under the surface, never come to the forefront, because the white house managed to put the kabash on anything related to it. the president single handedly
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solved global warming, lowered the globalortion layers and more jobs than the middle can handle. neil: i don't think he said that. >> not literally, what i'm saying is the political tab lum is as far as they're concerned, the economy is great. there are lots of middle americans who don't have jobs rising wages, and reality does not match what the white house or the fed thinks is happening. neil: that's why we have both of you here. i can remember when things are beginning to percolate, in the scheme of being in a deep, deep recession, you said whatever the improving numbers are, people aren't feeling them, and as this recovery ensued and the job gains picked up, you were saying they're gains, absolutely the case but not the quality type of gains you see in a recovery. now does that mean that if the recovery is long in the tooth as it is and wasn't a great recovery, we fall back into something worse or what?
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>> potentially, i have two big issues, number one is if this is all we're getting while we have zero percent interest rates and negative interest rates in some places across the globe on top of printing 10, 12, 13 trillion dollars and more coming, that's a big worry. we should be at zero% unemployment with those type of things going on. neil: don't you get a little traction from that gary? don't you sense that all right, well you have to crawl before can you walk, walk before you can run, and then that's starting. >> things that look definitely better, my contention is if we ever go back to normalization, you remember in real times, neil the fed used to drop interest rates a quarter percent here and there and get out of way, now i think they're too involved. and the other big thing and we've talked about this many times through the years the participation rate the amount of people in the workforce has crashed and not being accounted for. they can sit there is advertise
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5.6% real world numbers for the 8-9% range. neil: the latest is 5.7. i see what you're talking about. keith, what do you think? >> spot on. statistic that grabs me more than any other single statistic. in 1990 we had roughly 1.3 million people involved. we are becoming a part-time nation, a nation is truly a service nation, that's not what built this country. either we need to be serious about getting back on manufacturing or content with mediocrity. neil: the one thing we make great we make it abroad the ipad and the iphone. >> that's not reflected. neil: i hear you, i agree with you, don't get nasty with me. >> sorry sorry. neil: you have been great with this. if you are hunting for a job, how about the irs, they're
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hiring. unfortunately for now, they're hiring mainly ex-irs workers and not just any ex workers ex-reprimanded workers kayleigh mcenany finds it taxes. what are they doing? >> 824 former employees with infractions since 2010. 15 were caught falsifying forms engaging in fraud. neil: details, details. >> okay, so why were they hired back when you have a vast pool of unemployed people very good at accounting and adding and subtracting. hire them. >> that's the easy thing to do. it hits at the brunt of the problem, the accountability comes from the top obama and trickled down and you don't have the sense of private entrepreneur who has to hire the best the most efficient. neil: if you like government and you believe in government work, believe in fine government workers you and i
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know them if bias is toward federal workers laid off or been downsized, they're the first guys the go to guys even if they left under unfair circumstances. >> they're your own, they're the ones you protect. they gave 1100 employees bonuses who owed back taxes. that plays in the overarching picture of hierarchy. neil: if you are watching, this is purely kayleigh's view. where is all of this going remember this happens at the securities and exchange commission, guys watching porn, briefly reprimanded and back on the job, i'm not saying we all make mistakes, in government it is motor rule than the exception. >> exactly right. and the republican finance committee has done as much as they can to expose some of the things going on within the irs, but it's so frustrating when you see commissioner koskinen
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brought before the senate and essentially covers for people, and he's just -- neil: he's insulted by those who request it. >> cavalier, arrogant attitude. a new president is when we are going to see change. neil: you are still a maybe on president obama. thank you very much, good seeing you again. might be some of the funniest sketches in "saturday night live" history. so is it me or "snl" tell history, piscopo's response. and help out with mortgages, be afraid, be very afraid. at ally bank no branches equals great rates. it's a fact. kind of like mute buttons equal danger. ...that sound good? not being on this phone call sounds good.
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. neil: time for neil's spiel stressing over mortgage payments? have no fear, uncle sam is here, again, and apparently with billions of bucks to space, again frm the administration considering, again, mortgage rework program that would effectively reduce payments for struggling home owners. now this time not by giving them the money outright. here's where it gets inventive, by pushing lenders to slash the principal they owe. so let's say you're behind on a $200,000 mortgage how about we make it 150,000 bucks so we cut your monthly payment by 25%. would that work? it would for the borrowers. what about the folks who aren't or trying to dutifully pay their mortgages and do the right thing. what is to say hey, wait a minute, i want in on this thing. to hell with doing the responsible thing. that is like the other government housing fix, that required only those three
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months or more behind on mortgage payments could participate? guess what happened. and this i told but because it's so obvious. thousands of home owners started skipping payments to qualify. now you don't have to be a genius or world renowned tv financial anchor! to figure this has stupid written over it. not me just the federal idea. anyway, yet another instance of washington refusing to put the spending shovel down and just let market forces work. you would think we'd have learned by now that good intentions don't come cheap, and in the case of housing reworks invariably need reworks of their own, instead of helping people out, the washington fixes drove the agony out, most end up defaulting and neighbors who weren't rescued cursing as their home values continue falling. i'm telling you it's madness and it's a surefire case of a cure that ends up being worse
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than the disease it's supposed to fix. bad cure same fix. let's get to the housing experts, david and kendra i think it adds insult to injury. what about you? >> this is crazy talk, neil flash back to your program five years ago, we had the exact same conversation, a bad idea then, it's a bad idea now and always will be, and for all of the obvious reasons. i mean let's start with the fact that it promotes the idea can you borrow moneying are not take commitment to repayers isly, not have personal responsibility or accountability, and sends a message to consumers that, hey if i can't pay i can negotiate to get my principal balance reduced. this is the thinking that will set us back. neil: festering, what do you think, dave? >> it's naive beyond belief what this could do. and you brought up the fairness issue, is it fair to those, your neighbors on right or left
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when this starts happening. this is a slippery slope neil what's next. student loan debt forgiveness? neil: yes, as a matter of fact dave, yes. and i think everyone's hands are in it. i am just worried about what signal it sends to the housing industry, guys like you, when there's a large chunk of the population that might be waiting for something else. kendra? >> neil, i don't want to discount the fact there are 13 million americans who are significantly underwater on their homes, meaning what they owe on mortgage is 25% or higher than what the home is worth. but better idea would be create a better program to allow those people to refinance those loan balances so that they can lower payments but still promote the idea they have to pay what they owe. neil: work with your lender don't tell the lender you are
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going to hack 25% off the borrower's principal no lender wants to throw someone out of a house, it is very expensive for them. what would you do to help the 13 million in arrears. >> there are programs that exist. why we need to come up with another program? we have the programs that help people refinance. interest rates, our economy you talk about the free enterprise system working. our rates are so low, this is an ideal time to get in and start refinancing. the biggest and the scariest issue in the whole topic of regurgitating this particularly ridiculous idea, it has the potential of being a big threat and potentially undermining our existing housing finance system, and that is the one that worries the most it's basic economics 101, property rights are thea the foundation of our economic system, and it's a bond holders that hold this.
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they're the ones that aren't being represented. neil: i hate to break it to you, they do not count. i hear what you say and screaming, kendra five years ago. thank you very much, guys appreciate it. >> good to be with you. neil: in the meantime all right, honey, if you're watching, i've got your list for target. valentine's gifts for the kids, yes, and books for the world is filled with air. but
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the world is filled with air and anoro is helping people with copd breath air better. get your first prescription free at anoro.com. the real question that needs to be asked is "what is it that we can do that is impactful?" what the cloud enables is computing to empower cancer researchers. it used to take two weeks to sequence and analyze a genome; with the microsoft cloud we can analyze 100 per day. whatever i can do to help compute a cure for cancer, that's what i'd like to do. 3rd and 3. 58 seconds on the clock, what am i thinking about? foreign markets. asian debt that recognizes the shift in the global economy. you know, the kind that capitalizes on diversity across the credit spectrum and gets exposure to frontier and emerging markets. if you convert 4-quarter p/e of the s&p 500
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its yield is doing a lot better... if you've had to become your own investment expert, maybe it's time for bny mellon a different kind of wealth manager ...and black swans are unpredictable. . neil: now i know that target's the red department store, but i didn't know that meant red light district store don't look now but shades of grey is coming to the land of the red, or shall i say racy target is going risque defending itself for selling shades of grey sex toys, because there's cash in the kinky business.
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betty cohen says this is a good move applauds target for not backing down. an attorney says target is being shady. you don't like it, why not? >> target has gone overboard they're selling "fifty shades of grey" next to children's toothbrushes. there is one picture online that the toys are next to the toothbrushes. neil: they could easily say no. >> shades of grey is all over the place, i think kids are prompted to be more curious about explicit sexuality. if you go target's website they have descriptions of the products. and they're very elaborate. neil: so bad placement, what do you think? >> this is up to parents. if kids have questions, we as parents need to -- neil: wait a minute. how are you going to explain
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that. pick up crafts and a man offing for mommy. >> depending on the age of your child, and you know, the reality is that if a child were to ask, you could say well this is a vibrator and it can make you feel very, very good. neil: whoa, whoa, whoa! this is target! i can see some of the stores i have frequented around here i mean, come on it's target, right? >> so then don't take your kids. neil: don't need the attitude about it. >> legally there's not so much that we could argue against it. you could in some states that the toys allow people to do might be prohibited by statutes, you can argue that perhaps zoning. neil: would it make you less inclined to go to target less controversial? >> let me tell you this. let's say target faces civil liability because people use the sex toys wrong. i think they'll reconsider
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selling such racy items. neil: or confuse them for the dental supply. >> how do you use sex toys incorrectly? neil: where are we going? ralph, is this your idea of the segment? what are you saying you're okay with it, and you don't care that families are going to target disproportionately? >> i think seriously, neil it's up to parents to deal with their kids in an appropriate fashion, if they don't feel for example, if the children's toothbrushes are being in to the vibrators day. neil: move it down like office supplies, sure. >> or buy your child's toothbrush at another store. neil: why do you think target is doing this? >> making money. neil: aren't they losing money from the controversy. >> do you know that i asked a number of people today because i knew i was coming on the show, what they thought about having sex toys, and they all
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categorically across the board said they thought it was a really good idea. neil: what kind of people you hang out with? >> with all kinds of people they asked. neil: you have no problem with this. if walmart did, this how would you feel? >> lots of stores are doing it. and halloween shops are going to sell. neil: we're showing the kinder stuff. really? you know yeah, yeah. >> target in australia banned the sale of the book. so other countries have taken action to prevent their citizens and children. neil: did they have the handcuffs or nicks the handcuffs. >> i saw the handcuffs, a wide array that you might want to look into. neil: do you draw the line? >> i think there should be a private little space and if you were concerned about it -- >> you feel they are pushing
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it? >> but i think that again, it's up to parents who are concerned about their children. parents need to be responsible and not take our kids to target, and don't go target. neil: if you are online -- >> you won't have parental controls, this is the target website. >> it's everywhere. neil: i'm reading 50 shades of red. in the meantime how dare you, lauren michaels. you invite joe piscopo to fancy schmancy 40th anniversary show and you don't even feature him on the show? not going to fly with want to know how hard it can be... ...to breathe with copd? it can feel like this. copd includes chronic bronchitis and emphysema. spiriva is a once-daily inhaled... ...copd maintenance treatment... ...that helps open my airways for a full 24 hours. you know, spiriva helps me breathe easier. spiriva handihaler tiotropium bromide inhalation powder does not replace rescue inhalers for sudden symptoms. tell your doctor
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>> neil: i will say no one did
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sinatra of better or played ralph crammed in better or teamed up with eddie murphy better in space the anchor the entire state with his character better. back in the day joe made in jersey a catch phrase that was so contagious that officials demanded that he would stop. that is all beguin controversial this was. and now? this giant of comedy? an invite to join the 40th anniversary show but no plans to appear? >> i got the invite. neil: everybody is going. no offense. you are the star.
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>> you are going to get me in trouble. what about charles payne? you are black. >> nowadays you could not do that. neil: are you going to be in the special? >> i'll be in the studio. >> you got them going. >> i got the invitation it is nice. neil: like having all the astronauts. >> then i got the emails said they are thinking about maybe. neil: they are sending you an e-mail?
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close friend of robin williams and eddie murphy? >> was very nice. is 40 years of people. that is a lot. >> not people like you. >> thank you. >> have you talked to lorne michaels? >> he said if you ever run for governor he was to be the announcer on weekend update. neil: that is the only way to get on his show? >> i am so honored. neil: do not settle. >> i am just happy to be there. neil: you have your son so i will lot say anything. but by the way chris christie the governor of new jersey that could disrupt
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your own campaign. >> i have a gentleman that will finance the whole thing. i will not mention his name. neil: and loren michaels? [laughter] neil: that is the best revenge. / will be the next governor of new jersey. >> this crisscrossed the thing with the federal indictment or they said something that happened in my county than the governor kaine in and try to do shenanigans. i checked it out. nothing happened. neil: but our donors getting a chilly feel with him that your time has come and gone?
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>> jeb bush? >> no. rand paul great idea. [laughter] >> i'll like somebody with a personality like mike huckabee. neil: wait you would back religious conservatives like huckabee? picasso rick santorum makes sense with manufacturing. >> i like mike huckabee zero lot. have you heard of him? he has a show. [laughter] >> now you put me on the spot now support governor christie because it is so exciting for me then jokes are from 20 years ago. >> but talking about the leader of the free world?
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>> what about woodrow wilson? >> he never went to 40th anniversary. >> i am surprised you are accepting this lying down. if you will not fight i will. that was comedy when it was a genius. >> it is all good. i am looking forward to it. neil: when we come back china you are worse because you make me nauseous. it is not enough you made the animal's neck now hacking records of customers to make them sick? you make me want to vomit
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neil: the nominees are for hacking into millions of health insurance customer records, china. china. china. and though when there is? who is it? it is china. [applause] i did not see that coming. fortune -- unfortunately the team cannot be here to except we have legend craig smith. good to have you. this is a big moment for you. what do you have to say? >> first for this wonderful war i receiving on behalf of the chinese people.
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llord pour in the name so glad to hear you are safe because when i heard your . neil: the number one that they are suspected or china didn't say anything about it? >> that is what i find very suspicious all joking aside. this is the second time and them is tied into grumman aircraft gambling there both defense aircraft we had an unnamed health insurer those that are specializing in sophisticated weapons programs now we found out many are cleared for top clarence positions in the government.
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neil: with breaking into a defense contractor. >> it is a two-pronged approach. think of the of money made setting up false accounts and cybercrime. because you doesn't need a computer tied to the defense of boeing were 15,000 people get their health care making a leap into their computer. we have discussed this before. they are a communist country they don't play by the same rules. they will want to lie and cheat and work around this system they still intellectual property they hurt american business now they threaten american security now our personal information is on their
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computer and where is our president? he should be up there making a statement protecting the businesses of this country and the american people. >> they are still looking into it. >> come on. there is nothing to look into years ago over 43 percent of all attacks come from china now in the case of jpmorgan they're still trying to figure it out. what if they left an open door and they can get back in? >> then our president is forced to take a position. >> at ally bank no branches equals great rates. it's a fact. kind of like mute buttons equal danger. ...that sound good?
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not being on this phone call sounds good. it's not muted. was that you jason? it was geoffrey! it was jason. it could've been brenda. at ally bank no branches equals great rates. it's a fact. kind of like shopping hungry equals overshopping.
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neil: as comcast is looking for another reason:changing a customer's name to super right on her bill then another comcast worker was caught doing the exact same thing with the term this time of a-hole. >> i should have brought my bill. >> why this person has not been fired first of all, and why they did not come out in front of this is ridiculous. no reason the stock has not moved all year. >> you make a great point. >> is the second time it has happened is there something
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in the atmosphere? >> she just called to complain. >> they are all from the u.s.. >> they are such a monopoly. and then still there. if you have had it with service what about robots service? a japanese hotel is trying out robots rather than human beings. and they're doing a fine job. [laughter] >> but. lou: north carolina three p.o. to turn down your bed? really?
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>> but you cannot flirt with the robot to get your bill down. [laughter] i have done that. [laughter] but complaints are down. >> that is what i say. at least the miami dolphins get it. that is just what said dolphins are calling the 32 new super luxury seats putting in a $75,000 it has options for the 32 which tv screen.
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game over. >> it is ridiculous. everyone wants to watson gave mat hall because of it is a football you need multiple screens. my son does it. so if they put people in a chair and a flat screen? >> i love the idea. and free car service to pick you up. neil: did what a family would pay? >>. >> the first all female each one is hotter than the next.
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are we finding the female heroes? >> once you go overboard with the steroids. >> that would be scary. >> we have not seen enough. >> even in bad girl -- a bat girl not sexy. >> i am will then hear me roar? >> i read comic books. i think it is the great idea i just did not read it. antisexist complaints send them to bill o'reilly.
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favre & carve! you did that yourself? don't look so surprised. wix.com. it's that easy. announcer: what's the deal neil? >> what isly deal with michael moore being so silent. has he gotten silent on sniper. not a peep on how "american sniper" glorifies snipers. the same social media is interested in the type of people chris kyle killed this week at least. people like this mass isis thugs who moved on thugs who've apparently moved on from decapitating their hostages to burning them alive in cages. collar ra in new york sees the obvious, if kyle's a coward these butchers ain't exactly -- taylor rights moore or less,
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this idiotic director just cut his -- in half. then of course we'll be savages. it's amazing that this puffed up char -- could he at least refrain from telling guys like navy sale sharp shooters screw you? so for now he's not doing iefr either. wasn't he the guy that said all the idiots going to see american sniper were just a bunch of tea party whack jobs? we've yet to hear from the presidential candidates since the burning. general at anchorage allows me
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to think again. michael moore has done more to bring attention to the troops than you have. and i bet he's thinner than you are too you arrogant stuffed shirt. you don't even have one. oh that's so witty. neil you really shouldn't be dissing another charge guy. what? jerry, talk less and let us hear your guests. you're the least interesting to listen to. then listen to someone else, jerry, because you're the least interest to get e-mail from. i began to imagine a new balloon from the thanksgiving day
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parade an over blown neil cavuto. thanks for watching. and i never want to hear from you again. the rest of you have a great weekend. ladies and gentlemen "imus in the morning." >> so he's over here with a lint roller rolling stuff off of my jacket. it's a dark jacket. and i said, well, that's the stuff that theresa puts all the hair spray on it. and he says no it's not, it's man made. >> i said what do you mean by this? >> he said, well, you have so much hair and dandruff. >> i said i don't have any

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