tv Kennedy FOX Business February 12, 2015 10:00pm-11:01pm EST
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inheritance." member that you can't take it with you. do you have a strange inheritance for the you'd like to share the map send me an e-mail or go to our website at . kennedy: i hope to inherit jamie colby's shoes. is that strange? come on in. so the president has turned to congress with a shiny new document, looking to kick isis in the face! well, both parties are rarely in agreement. they both seem to acknowledge that isis is awful and evil, and we don't want to be in a protracted ground war. iraqi hangover, it is affecting everyone. >> i'm convinced that the united states should not get dragged back into another prolonged ground war in the middle east. kennedy: yeah, many republicans want to give the president enough geographic and military leeway to annihilate isis and her cousins 20 times over, and
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while this might satisfy our need to avenge the beheaded souls and rape children. isis continues to leave in its wake, it can get costly and bloody and pointless quickly. democrats are angling for confined approach. let's limit boots on the ground, they say. you can't go to every country on the globe and wage jihad on isis like terrorists and broad phrases like enduring combat operations, it gives them the yips. plus those democrats status would rather spend money on entitlements and exacting corporations and success. fox news poll shows 73% think the president doesn't have strategy for defeating isis. 54% of democrats don't think the president has a plan. so why on earth would you grant broad war-making powers to someone who doesn't know what the truck they're doing? it's like getting a new ferrari
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to a blind kid. don't forget to stop at the stop sign, son, and slow down if it starts to rain. senators lindsey graham and john mccain who should get a room already, they can't get on board with syria's bashar al-assad, we hate a lot of people who hate him, but we hate him. do we get to kick their ass too with the aumf. graham and mccain belong to the shoot now aim later crowd. they are ready to mix it up with whomever, whenever, and get the sense neither one cares about aumf, they prefer a uamf, up yours mother trucker. >> we are going to have to have boots on the ground. >> okay, being stop calling me martha, for starters. the ambassador to the u.n. acknowledges that isis can't be
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defeated by death and fire raining from the sky, but would ideally like to outsource ground combat. >> ground troops are necessary, but aren't going to be american ground troops. kennedy: such a smoky voice. so now that we're getting a handle on isis, word is they are spreading into afghanistan. like a measles outbreak from disneyland. so does that mean we have to add new letters every time isis mutates into another country? are they now isila, queen of the desert. here's video of isis on the latest bus tour. these guys are manly. ♪. kennedy: so catchy. obama doesn't just need a document and strategy to make congress and america feel better. he needs to gather and lead a coalition of people who are willing to rescue their own region. he needs to form a strategy that includes defining the enemy. in short, he needs to grow a
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pair. i'm so glad that you and i have grown closer together tonight. college students, like their phones more than sex, and the greatest valentine's gift you'll ever give is already inside you. hot show, hot pants. welcome to it, i'm kennedy. . kennedy: let's get right into, it shall we, vermont senator bernie sanders planning on voting no on the president's aumf because he doesn't want to see a protracted ground war against isis. he says that fight is for the soul of islam and should be waged among muslim nations. senator sanders, welcome to the show. >> good to be with you. kennedy: so, is there anything that could be written in an aumf that would be satisfactory to you? any way you would vote for an authorization for use of military force. what would have to be in there
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for you to vote yes? >> let's understand that isis is a barbaric and horrific organization and has to be defeated, but let's remember where the united states has been for the last dozen or so years, that is that we have lost close to 7,000 brave men and women. we have spent trillions of dollars. we've got 500,000 soldiers coming back from iraq and afghanistan with tbi or ptsd. i do not want to see us involved in a never-ending quagmire where year after year after year, we are losing soldiers and spending outrageous sums of money. what everybody knows is that in that region, have you countries like saudi arabia, qatar, kuwait, jordan, these countries are often run by billionaire families, saudi arabia, has the third largest military budget in the world. kennedy: so, let me ask you this, that's a point you made and i think it's a very valid point. and i share your view.
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i don't agree wow much, especially domestically, i do agree with you on this. how can we get our president, who is seen by a majority of the country having no plan for isis. how can we get him to sit down with saudi arabia and other muslim allies and get them to commit ground troops and forces to the fight. >> good, first of all, i don't agree the president has no plan for isis. kennedy: if doesn't matter if you don't see that. 73% of americans see it that way. that's pretty drastic. >> isis is a very difficult war to fight, and maybe if we hadn't gotten to the war in iraq in the first place, we wouldn't have to be worrying about isis. kennedy: however you feel about that, that's not the pressing issue, the pressing issue is the inclinations to do what you want them to do. >> number one, in my view, what you're seeing in the middle east now is a war over the soul. a fight over the soul of islam. and i think that if the middle east countries, if saudi arabia says why do we have to get our
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troops involved? get our young men getting killed. why do we have to spend our money? the united states will do it. the president of the united states, and western countries, say to these guys, we're there for you, we are going to be supportive. i support the airstrikes, gu guess what? your troops have to be on the ground. you are going to have to do the day-to-day struggles and the ground fighting against isis. not us. we'll be there to support you, but you take the lead. kennedy: senator sander, have you spoken openly about possibly running for president. how can you be elected president if people think that you're soft on an organization like isis? >> i'm not soft on an organization like isis. do you think trying to keep the united states out of a perpetual never-ending war in the middle east makes me soft? i don't think so. i am prepared to support airstrikes, prepared to support special operations. but as i just told you, i think it might be a good idea for the
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billionaire rulers of countries in the middle east who border isis, who are in day-to-day contact with isis, maybe just maybe, they should lead the fight and not the soldiers and taxpayers of the united states. kennedy: i agree with you completely, and i actually think that if the president were able to articulate that better, that the people in this country would have a more favorable opinion how he can and how our country can deal with isis in a supportive role. sometimes you can lead by creating a coalition that you ultimately support. let's switch gears a little bit. broad consensus that social security and other entitlements are not sustainable with current levels of revenue, and a deluge of -- >> whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa. kennedy: you say it's easy to fix. >> hold it, hold it. >> hi, how are you? okay. i don't agree with you.
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let's get with the truth is. i don't know what economists you are talk to. fact, social security today has a $2.8 trillion surplus. fact -- >> that's fantastic. it's not true but it would be so great if it were. go ahead. what are you talking about? don't you read the social security report? do you think i'm making up these numbers? this comes from the social security trustee report. if you don't believe that, there's very little we can discuss. that is the fact. kennedy: i know that it's a ponzi scheme, i know -- >> you know it's a ponzi scheme? no, it is not, okay, okay, hold it. hold it. you invited me to be on your show. >> i did. >> do you want to do a monologue, give me a ring, if you want to talk, i will give you the facts. read the social security trustee fund, $2.8 trillion surplus. understand that the social security people, the people who
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run the system, tell us we can pay out all benefits for the next 18 years, and 75% after that. kennedy: that's not really that long, senator sanders. >> that's correct. so i want to make it longer. and you know how i think we should do it? how the vast majority of the american people continuing should be done? right now, somebody makes $20 million a year, somebody makes $118,000 a year. both individuals pay the same exact amount into the social security trust fund. if you lift that cap, you start at $250,000, we can make social security solvent until the year 2060. 2060. so i think at a time of massive wealth and income inequality where the top 1/10th of the 1%, that's what you should be doing. kennedy: unfortunately, the idea of taxing yourself out of every single problem, including -- >> i'm not taxing myself. kennedy: including liabilities.
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you certainly are. >> kennedy, kennedy, kennedy, what you have right now is 99% of all new incomers going to the top 1%. that's the case today. kennedy: you have 94% of income earners earn less than $118,000. >> that's right, that's right. kennedy: that threshold covers almost everybody who's working. there is no need to do that because all that's going to happen is you're going to make more money. congress is going to spend what's left over, and then -- >> kennedy, what are you talking about? kennedy, kennedy do, a little research before you talk about something. do you understand that social security trust fund, the social security trust fund is not paid by the united states treasury? it is paid for by the payroll tax. kennedy: i'm sorry, i did read more marks and angles before our interview. >> marks and angles? no. not quite marks and angles to say that the social security trust fund is paid for by the
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payroll tax. do your economist friends tell you that? kennedy: my economist friends tell me social security will run out of money by the time i draw, which is generational warfare. >> generational warfare? no, it's not generational warfare. the warfare going on is the top 1% is earning 99% of the new income being generated in recent years while the middle class is shrinking. kennedy: the middle class is shrink because of overregulation and overtaxation, by the way, the taxes you are imposing are only going to hurt middle income and upper income earners. >> all right, all right. kennedy: punished by these types of taxes. the top 1% should be the once fighting isis. >> well, that's another story. thank you very much. kennedy: i'm so glad you came on, senator, please come back. we have a lot to tangle about. >> let me know who your economists are, you got to get new economists. kennedy: i will e-mail you.
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too long to recite right now. i will send you the list. coming up, i will tangle with more lefties whether america should be worried about terrorists or climate change, and a three-tour combat veteran getting gun shop shanghaied by the internal revenue service. it is so unfair, he says the government tried to extort him. i'm going to talk to him in a few minutes. stay right here.
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♪. kennedy: love that song, i love you. welcome back. when asked if the media overstates a threat of terrorism. in a vox interview president obama said if it bleeds it leaks. the grand scale of climate change he feels is underreported. am i crazy to think climate change is, in fact, possibly maybe overblown and we ought to be more concerned about people trying to kill other people, namely us. it is time for -- you're crazy, kennedy! absolutely crazy, and welcome to it. jessica is a senior political strategist at shone consulting and richard fowler the host of the richard fowler show, and perhaps the finest dressed male guest we've had on the program. welcome both of you. >> thank you, kennedy.
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kennedy: ricardo, you look wonderful. i love the light blue pocket square. >> thank you, and you're not crazy, kennedy, you're not crazy. kennedy: i appreciate, that wait until the end of the segment. jessica, i'm going to start with you. i think the thing that gets people sort of terrified bolting out of bed in a sweaty mess in the middle of the night it's not melting polar ice caps but someone with a dirty bomb in the city where they live or a lone wolf where they work going rogue and chopping their head off? >> absolutely. if we're talking about this is a global phenomenon, that in america, the effects of climate change are far less than in other places where you have water security and food security issues, i don't dispute that point. i think it was off tone for the president to have made that comparison. i don't think he was sensitive to the week when we lost another american at the hands of isis. climate change is a real threat.
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there was independent study over 20 governments commissioned and found over 400,000 people per year are dying from the effects of climate change. kennedy: it could be the effects of climate change have nothing to do with human intention? terrorism is clearly all about human intention, have you human beings who want to kill other human beings en masse because of a disparity of belief systems. whereas, it's not necessary for the climate to change because of human involvement. >> depends what side you're on about the debate. those who believe the climate change is man made, and i'm one of those people, would say it's because we have more fossil fuels in the air. we have more carbon dioxide pollution. kennedy: yeah. >> and i would completely take your point saying it's a moral issue, it speaks us to more closely but doesn't mean we should be ignoring the threat of climate change. kennedy: richard fowler, let me ask you, i think this is a very real possibility and you will acknowledge a real possibility.
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what if terrorists get ahold of a nuclear device, and detonate it in either one of our larger cities or the middle of america and kill hundreds of millions of people. isn't that deadlier than climate change? >> depends how you look at harm. if you have short-term harms and long-term harms. of course a nuclear weapon blown up in an american city is huge. the impacts of climate change are long-term impacts. like she said. 400,000 possibly dead. nasa study indicated water shortages, blizzards, droughts, floods. >> malaria, dengue fever. kennedy: these are all things that you could have without involvement. these are all things that could happen in the absence of fossil fuels. let's say, and i'm a proponent of finding new technology to move us past fossil fuels. i would love to see us utilize nuclear energy more readily in this country. that would be great. i love clean, a i love clean
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water for the sake of clean air and clean water, and as we push things further along technologically, we'll be able to mitigate some of those deaths. >> here's the thing kennedy. and one point i want to make, think about isis and why isis exists? isis exists because of global dependency on fossil fuels. that's where the money comes from. when we decrease our dependency on fossil fuels and eliminate greenhouse gases, we almost eliminate isis. kennedy: it's a little stretch because i actually think -- >> i know, but i'm going for it. kennedy: they believe there is one god but god, and they think we are the devil and they want to kill us because of a disparity in our belief system, i'm talking about radical islamists, people who perverted a religion and want to kill people in its name. if fossil fuels didn't exist, which it didn't 900 years ago, i think there would still be
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that blood letting. >> touche. the reason iraq is a powder keg has everything to do with fossil fuels. kennedy: i have no problem getting off the fuels and the sau saudi teets and everything imagine. with our technology, we may get off the fuels, never get away from radical islam. no one has found a significant or acceptable alternative to that, when they do, i will give you the nobel prize for peace and science at the same time. >> i just want the check, i just want the check. kennedy: i know! you want to go shopping. i don't blame you. thank you so much. >> thanks for having us. kennedy: very good. fudge data, it doesn't matter. it's what's really dangerous, it's the children of the corn. tell me what you think, follow me on twitter, find me on instagram as well, coming up in just a little bit, the trial of eddie ray routh charged with
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murdering chris kyle of "american sniper" fame. we're going to talk to judge alex about it in just a moment. stay here. 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.
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♪. kennedy: the beastie boys, welcome back, yesterday chris kyle's widow testified in court about her late husband. the man depicted in "american sniper." eddie ray routh is charged for the murder of chris kyle, and his friend chad littlefield, defense attorneys are seeking insanity defense to keep routh from life in prison without parole. will carr has been following the trial from stephenville, texas. will, welcome, what happened today? >> good evenin kennedy. seding y
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from officers after he had stolen chris kyle's truck. take a look at the video. you can see the truck peeling out from in front of routh's house and the chase is on. minutes later a deputy tries to ram the truck, they got him on the side of the interstate and placed him under arrest. the judge today said they decided to show the video to show routh's state of mind and his intent. we learned that officers said that routh said before the chase, he had taken a couple of souls and had more souls to take. kyle watched along with the jury. on the other side, routh came in wearing glasses, head is shaved. far different look from the mug shot we've seen for the past two years. he's been pretty much emotionless for the first day and a half of this trial. we learned on the day of the shooting and the morning he evidently smoked pot laced with
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pcp or formaldehyde and frank whiskey and ended up shooting and killing kyle and littlefield. after he stole the truck he went to taco bell and bought two bean burritos before the chase started. kennedy: keep an eye on this, we're interested in the trial over here. thanks again. >> you bet. kennedy: joining me now with more on the case, is judge alex, host of the syndicated show, which also happens to called "judge alex." how you doing, judge? >> i'm good. how are you, kennedy. kennedy: doing quite well. you know, obviously, this is a really sad story, americans are very wrapped up in the success of "american sniper," chris kyle's story has resonated with viewers across the country, and especially in texas. so let's talk a little bit about the rules that the judge is setting in the courtroom. why did chris kyle's widow testify so early on in the
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case? >> well, unlike florida and some of the other states which have a statute that specifically says family members are allowed to remain in the courtroom. family members of the victim, in some states like in texas any, witness who's going to testify has to be excluded, including family members, until they have given testimony, and the purpose is so they can't color their testimony based on what they hear other witnesses testifying to. florida and other states basically allow the defense tlor get up there and say to the witness, you've been here throughout the whole trial, you heard everybody's testimony, and let the jury decide if that affects their testimony. same as they did with the defendant is present throughout the whole thing. texas doesn't give that you option. they were put on first, out of order. kennedy: how do you think things are going so far? how do you think the jurors received tea kyle? >> this is day two. the jury is sympathetic to the
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widow of not only a hero but he's trying to help other veterans with no fanfare, with no publicity, he's going one-on-one with individual veterans suffering with post-traumatic stress disorder. the jury is going to obviously be very, very sympathetic to the widow of chris kyle. but as far as like today's testimony, you had testimony as we heard, you had evidence presented of the video, the dash cam and the officer's cam that they wear, the body cams, showing the confrontation outside the house with routh, and that's something that both sides try to use. the defense is going to use it to say, listen to the statements, how he had taken two souls and had more souls to take, he didn't know if he was insane and if this was -- you. >> you know what? if you don't think you're
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insane, you're not going to drive away from the police. you are doing something wrong if you try to evade police. >> you can be mentally ill. the test for insanity is not mental illness there. are a lot of mentally ill people. the legal insanity in texas, they go by the mcnaughton rule, you have a disease or defect and as a result you can't tell the difference between right and wrong. one of the things prosecutors use very frequently is somebody's flight to show they knew that what they did was wrong. kennedy: i have a feeling it's a very different threshold in texas. judge alex, thank you so much, and come back and talk about the case. >> any time, kennedy. kennedy: a montana politician wants to ban yoga pants. you heard that right. and the teacher uses "fifty shades of grey" on a sweet learning tool. that is wonderful! tell you what college students claim to love more than booze and sex, a lot more.
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"topical storm" is next. our mou? a dry mouth can be a side effect of many medications. but it can also lead to tooth decay and bad breath. that's why there's biotene, available as an oral rinse, toothpaste, spray or gel. biotene can provide soothing relief and it helps keep your mouth healthy too. remember, while your medication is doing you good, a dry mouth isn't. biotene, for people who suffer from a dry mouth. tigers, both of you. tigers? don't be modest. i see how you've been investing. setting long term goals. diversifying. dip! you got our attention. we did? of course. you're type e* well, i have been researching retirement strategies. well that's what type e*s do. welcome home. taking control of your retirement? e*trade gives you the tools and resources to get it right. are you type e*?
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. kennedy: i love lightning bolts as much as i want to lick your face! let's throw a few down, zeus, this is "topical storm." topic number one. "fifty shades of grey" is everywhere! and that is great for married couples. men in particular who will benefit from taking their randy wives to see the s and m film, whoa! not such pleasant ubiqty for a group of middle schoolers. group of parents are seeing 50 shades of red, they found out their kids in middle school, not high school were given a 50 shades themed word search puzzle like spanking, bondage, submissive and leather cuffs, they're the only ones from the puzzle i can say out loud. if i read the other ones out loud, i'm going to start moaning. and further evidence,
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administrators, the principal refused to comment on the proceedings until one of the parents brought out a writing crop and hot candle wax and started singing like a leather clad canary. grrr! topic number two, montana legislator david moore, he's no zoologist. he knows he hates camel toe. prude dude submit a bill in his state to make yoga pants, yeah, yoga pants, just short of illegal. qualifying as indecent exposure, any garments that give the appearance of a person's buttocks, genitalia, pelvis or female arreola. he would have no problem with the woman being arrested for wearing a pair of lululemon capri pants, if gwyneth paltrow sauntered into missoula wearing this, she would be subject to a
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firing squad. that was a bad choice, gwyneth. i like your style sometimes. topic number three, we hear so much about campus sexual assault, it's obvious, college students are out-of-control horn dogs and can barely contain desires long enough to sit through a chemistry class, except for the part wheres do i'll nerds, fortune magazine is reporting 1200 college students who don't prefer making body congress with fellow co-eds. of all the activities they prefer noodling around with their iphones over anything and everything else. yeah. drinking coffee, that's a close second. woo! because you tend to lose a lot of sleep staring at your phone for hours on end. they also like texting and facebook and ipads and instagram. so if you or someone you know is in college, they're not having any fun.
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drinking barely made the top ten. hooking up? that's all the way down at number 12 for college students. >> fat, drunk and stupid is no way to go through life, son. kennedy: and boring, sexless and nerdy, that is no way to go through college. topic number four, when i first saw this photo, i thought does president obama have a soccer team? and then i realized it was a man trying to come into our fine country. look at him there, with the obama shirt. doesn't that look like a soccer jersey and by the way he was apprehended perhaps he didn't have the proper visa for entry. he was with a group of africans trying to get into the country during the ebola scare. the guy doesn't look like a sweaty sicko. the shirt rides the great line between relentless optimist and blatant ass-kisser.
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what, i can't come in? i'm wearing the jersey of the president. any time you have weird story, i want to see them right here and tweet me at kennedy nation, you can find me with the same handle on instagram, and we'll be friends for life. doesn't that sound great? later in the show, i'm going to talk to another financial victim of irs. first, the sony head amy pascal goes wild on actors, next. >> bottomless pits of need. never seen anything like it. er s and fewer choices in retirement. know that proper allocation could help increase returns so you can enjoy that second home sooner. know the right financial planning can help you save for college and retirement. know where you stand with pnc total insight.
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former sony executive amy pascal under fire, she has opened up since leaving her post. she has opened up a case of gin. at the recent women in the world conference, she was asked about the vulnerability of actors and gave this frank answer. >> they are bottomless pits of need. you've never seen anything like it. >> you have to wrap it up, you have to tell them. >> but they are so great, because they are this magical thing that no one else can be. kennedy: does she always talk like she's drunk? i would respect. that katie pavlich joins me, and michael malice, he is in the house, the author of dear reader, if you haven't purchased his book, get it immediately so can you learn about pop culture in north korea. the two of you, welcome to the
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table. >> great to be here. kennedy: amy pascal, bottomless pits of need, is this a pervasive attitude in hollywood and should someone who holds this attitude be the head of a major studio? >> pervasive attitude on earth, and i ascribe as that. i love adulation and attention. what i was particularly insane about what she said, she said her new conviction is to say what she thinks directly to everyone at all times which. is the worst advice i've ever heard anyone give ever. kennedy: who gave her that advice, scott rudin? yes, they didn't come after me. >> he's next. kennedy: you think so? >> probably. she's like screw it. i got fired, sick of it. i never thought any of this would come out. she has a point when it comes to the way hollywood operates. actors are so good as their previous film. i'm sure they are very needy. you have to keep people in line, it's a different position she's in than the people who
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work for her, she's at the point where you know, it's over. kennedy: she also admitted she was fired. normally when studio heads are let go, they move into the production deals with the studio and do that so they can't be a head at a major competing studio. she was like no, i was fired. >> studio exec isn't needy, who are you again? why should you be talking to my boss on the phone, it's absolutely crazy she thinks this is unique to actors. kennedy: she and scott rudin are two of the biggest divas, whether it's leonardo dicaprio or angelina jolie. >> they earned it. just because they're not in the camera, the ego is huger because they're not in the camera. kennedy: her hair is phenomenal. it has its own weather system. if you're going to go on the honesty tour -- the supreme court is take up
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the issue of gay marriage in june, and justice ruth bader ginsburg said america is ready for it citing a major shift in public attitudes. >> i think that as more and more people came out and said this is who i am, and the rest of us recognize that they are one of us. kennedy: whenever i see her, i get a little sad, because i miss george burns very much. >> oh, god, you devil. kennedy: that's very sweet. so katie, is she right? are people ready for the shift. has there been such a major shift in attitudes towards gay marriage, that the america that we know and love is ready for -- >> it's definitely generational in terms of older generations are not ready for it and never will be. younger generations are certainly ready for it. kennedy: are you ready for it? >> i'm ready for it. i don't have a strong opinion
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for or against gay marriage, i see validity in both sides of the argument. i'm okay with gay marriage, i'm okay with traditional marriage. kennedy: if you had gay friends who got married, would you go to the wedding? . >> i am not against it. i do have gay friends and i will go to the wedding. it's a more complicated issue that than we make it out to be. there are good arguments for traditional marriage and gay marriage. kennedy: getting the government the hell out of marriage. >> traditional marriage is polygamy. just add betty white and you have a socialist remake of the golden girls. it is so sad. before you have to ask dorothy, unlovable, mean dorothy.
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this is how fortunate we are, the people defending the rights of gay americans are nasty old women. and they're the real divas. >> every supporter counts, okay? kennedy: michael, i have to ask you this, in all seriousness. first, we're going to have gay marriage and people are going to be marrying their goats. where does it end? >> it ends at cows. >> ends at mammals. look, i disagree with katie, i think the issue is much, much simpler, if you want have a legal union with somebody else or couple of people, that's perfectly fine, the government has no business interfering in having gay marriage is no attack on traditional marriage whatsoever. kennedy: no, het resexuals have destroyed marriage. >> i wouldn't say it's an attack on traditional marriage, i think it's saying the government should be out of partnerships between two human beings is a separate argument from the definition of marriage and all the other implications that it might have. kennedy: that's a good start. >> i think the country is ready for it, and i think we're going
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to see more of it in the future. >> if you want to marry someone, who cares what the rest of the country thinks, it's your right. kennedy: if i want to have 450 people at my lavish wedding, good for me. thank you very much for being here, two of my favorites. coming up, a business owner joins me to talk about why the irs treated him like a criminal. he says the government tried to extort him. that's what they did and it's awful, it is right here next. so what about that stock? actually, knowing the kind of risk that you're comfortable with, i'd steer clear. straight talk. multiplied by 13,000 financial advisors it's how edward jones makes sense of investing. ♪ by 1914 the dodge brothers quit the ford motor company and set out on their own.
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they believed in more, than the assembly line. they believed driving was a holy endeavor. a hundred years later, the dodge brothers spirit lives on. you get sick you can't breathe through your nose... ddenly... you're a mouthbreather. well, put on a breathe right strip and instantly open your nose up to 38% more than cold medicines alone so you can breathe and sleep shut your mouth and sleep right. breathe right. i'm sure you know what this meeting is about. yes, a raise. i'm letting you go. i knew that. you see, this is my amerivest managed... balances. no. portfolio. and if doesn't perform well for two consecutive gold. quarters. quarters...yup. then amerivest gives me back their advisory... stocks. fees. fees. fees for those quarters. yeah. so, i'm confident i'm in good hands.
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suspicious. he's recovered most of that money, but the law is still on the books that allowed the irs to plunder businesses when they're feeling mistrustful. andrew clyde is the owner of clyde armory gun shop, andrew, welcome. >> thank you, kennedy. kennedy: so tell me exactly what happened when the irs reached into your account and stole a million dollars. >> well, they show gave me a seizure warrant and notified me that they had taken $940,313 from my bank account, and they accused me of structuring, which is as you said, depositing less than $10,000 on a consistent basis. kennedy: and explain why you were depositing that? you were depositing $10,000 because of your insurance policy? >> well, i mean it has to do with risk avoidance. every small business deals in
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risk. risk versus reward. and it's risky when you take more than $10,000 outside of your business on a regular basis, and so my insurance policy only covered $10,000. that's tall did. so you want to manage the risk. kennedy: of course, you're a small business owner, you're not costco. so they take the million dollars out. >> that's right. kennedy: what are you thinking, are you thinking this has to be some sort of mistake? >> i couldn't believe it. i just could not believe that what they accused me of that i was doing anything illegal. i run a gun business. we're the most highly regulated retail business in america. the government looks at us every year. they have the ability to, and i mean, we do everything right. there's no way that we were doing anything wrong. and i found out that there's this obscure little law called structuring. part of the bank secrecy act. and we got caught up in it.
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kennedy: they nab a lot of legitimate businesses. and there are thousands of businesses who are not doing anything illegal, and the irs goes ahead and seizes their money. did you get your money back? did you get the million dollars back? >> i did not. i did not get all of it. i got everything other than $50,000. at the very end, before the trial. this is a civil seizure now. it doesn't have the same rules as a criminal trial, and the burden of proof is much smaller. so i looked at what the cost of the trial would be to me, and i agreed to give up $50,000 so i could get the remaining balance back so i could fight another day, and that day to fight was yesterday in front of congress. kennedy: and you did, that you testified, the irs needs to go over to your hours, give you a wheelbarrow full of your own money and make you a nice sandwich. i want to thank you for being on the show, andrew. >> thank you, kennedy.
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kennedy: absolutely. this is an egregious assault on your personal liberty, and we will not stand for it. i will absolutely not. me and my yellow dress. i am outraged and super glad he told us that the story. what does a modern lover appreciate over chocolate? overstuffed animals? or monster truck tickets? the answer is body parts. i'll tell you why next. the real question that needs to be asked is "what is it that we can do that is impactful?"
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. kennedy: valentine's day is the day after tomorrow, if you are having a hard time finding the perfect gift, look no further than your own abdomen. this is great news for you, fellas. ashley mcintyre heard about a fella she never met, his name is danny robinson, a dialysis patient in very bad shape, and guess what? she gave him the ultimate gift. >> it was kind of a human thing, you know, it was something i could do for
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another person to change their life. kennedy: so she did. she changed his life. she reached inside herself with her own hands and kitchen knife and pulled out kidney and put it in his belly, and you know what happened? they started hooking up. incredible romantic story. she gave him the gift of life, he's making her his wife. they're getting married. they fell in love. sure, your lover may give you an orgasm for valentine's day, but would they give you an organ? maybe throw that question out at dinner saturday night and get back to me. let me know how you think about all. that thank you for watching the show tonight. follow me on twitter at kennedy nation, kennedy fbn and e-mail kennedy fbn@foxbusiness.com. when you find a satisfactory answer to that question, go ahead and give me a sweet tweet. you can find me on instagram and share pictures.
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my love for you is blinding. have a great valentine's couple of days. i will see you monday at 10:00 eastern, 7:00 pacific on fox business network. kennedy, out. the jobs is next. keep it here on fox business. lou: good evening. the administration reinforce its assault on officers and agencies. as head of the fbi he is advancing his anti-police agenda. he chose his agent well. the highly respected former federal prosecutor and justice '04 and sun dash department official accusing the police officers of blatant bias bias even calling foreign relations with communities but like his predecessor director colby was never a police
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