tv Cavuto on Business FOX Business February 22, 2015 2:30am-3:01am EST
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is year. >> tracy? >> some parents are giving their children $13 a tooth. that's bananas. >> oh, my god. i used to get 25 cents and walked through the snow both ways. >> snowshoes. all right, forget about sneaking in. what if isis terrorists just fly in? because we're letting them in. no mess no fuss, only we don't know it. i'm telling you they sure as heck do. welcome. i'm neil cavuto. they are seeking asylum and some could be certifiably insane. that's what happens when the state department reportedly let thousands of refugees live here as a safehaven. some bad guys slipped through the cracks and ended up getting in here. forget about the cost of all this. my friend ben stein says to focus on the risks in all of this. joining us charlie gasparino adam lachinsky.
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what do you make of this opening our name in the doors of those seeking asylum and knowing who else could sneak in? >> well we are a humanitarian country. we have hind hearts and coronets coronets, but this is the most dangerous place in the world except for libya. there's no way isis is going to sneak people in here. once they get in here, there's no imagining the mischief they will do. the idea of putting out the welcome mat for them is just crazy. i mean, look, none of the european countries want them. nobody wants them. why are we suddenly opening the door? sweden opened the door to political refugees in the middle east and it's been catastrophe for them. and this is the worst of the worst from syria and libya. the worst of the worst why are we rolling out the welcome mat for them? it makes no sense at all. it's the perfect state
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department itio idiocy. >> here's the problem. the immigration naturalization service has a bad history of letting people into this country. >> you acknowledge some slip through the cracks. >> that's the problem. >> we do not have reliable intelligence in syria. we do not have reliable information about these potential refugees in this country. we can't vet them properly. we don't have the ability to do that. it is not like iraq we have been in iraq for more than a decade. that would be a different story. this is extremely dapg owls lyly dangerous. >> when you have libya next year and you fear that could go any day now. you have a growing cast of characters, right? >> of course we do. and these are all very serious risks. i would say, however, that there
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are greater risks that we don't behave like americans. when people are in trouble for 200 years we have helped people out, that's who we are. as a country, we should continue to do that. of course we should be vigilant. by the way, we may not have good enough intelligence in syria, but once they come into this country, i mean, we're going to process them and we'll know exactly who they are. >> it worked like a charm with the tens of thousands who came in during the summer. >> were you here in 9/11 when they came in from the caucus region of russia and basically sent out a warning we are going to bomb you in a marathon. they didn't follow-up on that. that's wishful thinking. >> adam how about the 9/11 hijackers? we were great americans and let them into the country. they came in here, i'm not saying they didn't overstay their visas, but they came in essentially illegally. they didn't sneak over the
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border. >> they weren't seeking asylum. >> what i'm saying is this country has a very, very, very bad record in terms of monitoring the folks that we bring in. >> let me bring in gary, if you would just pipe down while we discuss stuff here, what do you make, gary of what we could be opening the door for? >> i just have to say, it's incomprehensible that the head of the counter terrorism of the fbi says syria has no data no way of vetting these people just like dagan said, and we have a situation with isis proliferating over there. why do we even want to open this door up now? we are talking about quadrupling the number of people now, the worst possible time. the one thing we cannot afford is to have somebody come over here and pull what they did off in france. it will affect our country, it will affect the economy, and don't want to see it happen. >> ben stooipein, we are not the only ones doing this.
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italy and france despite the problems they have had is letting a good deal -- i guess i'm asking do we not learn, there must be a system in place to deal with this but i'm guess what they are talking about here in the financial times and also this flood of people that just can't keep up with it. >> it's been a disaster in france. it's been a catastrophe in france. it's been a disaster in italy. the italians are going crazy dealing with the refugees from the middle east and sweden. to take these people in and they become a member of the junior chamber of commerce is nonsense. this is not what they are going to get. i mean they are going to get -- most of them are fine people, i'm sure. but most of them i'm sure will be fine people, but even if we just take in five or ten who are terrorists, that's too many. >> and don't think for a second the bad guys don't see what we're about to do and they are not planning to do something
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about it. look you open the door -- >> what would you do not allow any of them in or ignore the long history of those seeking asylum not to seek asylum here? >> i'm all for immigration. i'm all for immigrants, that is what made this country great but we are in a situation right now that we haven't been in ever where this thing is expanding leaps and bounds over there. we don't need these people here right now. >> we have about 500 student refugees coming in over the last year, maybe thereabouts but we're going to double that number, right? and they are ramping up the number of people. >> i didn't realize it they had no paperwork. there's no such thing as paperwork. zero. >> this is interesting, we are at war with those countries in a sense right now. there's a global war on terrorism. we're essentially at war with isis. they are at war with us. >> would you have said that during nazi germany when they were fleeing nazi germany?
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>> that's exactly what i was going to say. listen, i agree, it's a tough thing. >> agree with what. what did i say? >> here's the thing, they are legitimately seeking asylum. >> i get what you're saying. >> you need to -- beef up the controls. if there's no controls youcan't let them in. >> there's no controls or paperwork. that's the one thing that stands out. there's no way of checking or verifying who these folks are. agreeing with you, a lot of them are seeking asylum but there's no way to ascertain or verify that. >> i don't -- i agree. and just to make the point, so if it comes about -- if it comes about principle, we are in agreement this is a horrible situation and they don't have the documentation we would like. so what are our principles? they are to let the poor,
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wretched people in and monitor them. >> that isn't true. that's not true. that's not true, ramming up to world war ii and after world war ii, we did not let the jews come out of germany and come to the united states, even after it was said i'm going to kill them all before the war started. >> that's true. >> that's a myth that we let in all the refugees. we did let in a lot of jer mans germans. >> adam said we're going to monitor them, but to what extent to protect the safety of the u.s.? how far are we going to take that? because that's hard. >> i am here and love you like a brother, but you have to remember earlier this summer with tens of thousands of largely mexican kids who just came in here by bus loads. and we couldn't process them all and were told to return for court dates and never did. that's just people over the border. >> look, i totally agree, neil.
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and the alternative is to say we are the kind of country that says, no we don't want to help. we don't want you inside our country. >> we can help. >> we are already helping. >> we can help. i mean, that's a whole -- we can bring aid to those folks over there, but this is a national security problem. it is what it is. >> so you would shut -- >> besides, they might become rotarians, which would be very good for our economy. >> i don't care about the christopher columbus side. >> why let any potential mass killers, why let in any of them? >> you don't let any of them. just to be safe right? >> don't let in any of them. >> and if you could be a little more clear, ben i would appreciate it. >> i'm being very clear. >> you are, indeed. dave what do you have coming up? >> hi, neil. what is more dangerous, global terror or global warming? before d.c. spends a penny more
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on going green they might want to hear what the majority of americans think about that. and forget free community college. now one lawmaker wants two years of free public college for everybody. who is going to pay for that? we'll see you at the top of the hour. what the heck free college for everyone. four-year advanced degrees, law school everyone be like ben stein. >> free everything. >> free everything. >> free everything. well look forward to that, david. in the meantime, what is a walmart hater to do? you try protesting half a million workers there getting a raise, and a big one.@? "cavuto" on
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business. for all the latest headlines, go to foxnews.com. well forget about rolling back prices. walmart is now rolling out the dough. they are raising hourly wages for nearly half a million workers to $9 an hour. this year, $10. next year, dagan, that kind of means the government doesn't have to do anything. let private enterprise do its thing. >> this shows this is how a free market and capitalist society works. if you finally get an economy that's growing at a good clip -- >> but it's not growing at a good clip. >> it's growing well enough that wages are starting to go up. it's growing well enough that -- >> so they are not doing it -- >> walmart wants to keep their employees. they are tired of the turnover. the demand is raising for labor. they are losing people. the gap is also doing the same
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thing. $9 and hour to $10 an hour. this is how a society works without the federal government getting in the middle of it. >> gary, what do you think? >> this changes the playing field. you don't need the government. walmart is -- has the size and the influence. you're going to see target you're going to see hospitality, retail and food companies raising wages for everybody. this is very good news. and i think walmart was smart to get out close to being in front. >> ben stein, what are we to make of this and the timing of this? >> we'll make of it the fact that there's a genuine labor shortage emerging. there's a shortage of skilled labor and highly skilled labor, in particular. now there's a shortage of semi-skilled labor and prices of labor will go up. the question is, does this lead to inflation? typically a big hike in wages is a foreshadowing of a big hike in inflation. we do not know if it will happen this time, but i for one think it's great they are getting paid more. >> adam you have to be happy because this is something that the government had to lead.
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and i'm wondering if the government had a role in this by kind of pushing walmart to this point, what do you think? >> i think you know it's impossible to say exactly why they are doing it other than the reasons they have said, which dagan already articulated. >> wait a minute, adam, are you about to compliment walmart and accept what they have to say, yes or no? >> no neither. >> okay. i was ready for a fox news alert. >> you'd feel better, right? i have nothing whatsoever against walmart. i think that -- >> really? i can play prior shows in the loop, my friend. >> no you couldn't. i think it is certainly possible that the federal pressure that came into play and all the grease they get from the labor unions constantly protesting against them. >> let the protests happen now. >> the combo of the labor unions and the government this is all walmart's spin they weren't
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brought in to. the stock went down because of it. this is a dangerous president when government and unions work together, which they are, the yy are working very close. but when they have a company do this that's almost fascism. but i feel bad for walmart workers, but here's the compelling part of this. there's no -- we don't have a need for unskilled labor. they don't have to raise the minimum wage here. they were raising it for one reason and one reason only. the government. >> so you don't -- >> i believe their turnover -- >> i believe they are losing in this because being a walmart shopper, when you go in and they have problems with turnover people don't know where anything is in the store. >> i think if they can't train another guy to fold shirts, i mean think about this. >> ben stein?
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>> charles with all due respect, it is documented that walmart is having trouble finding skilled or semi-skilled workers. there is a shortage of competent workers at every level in the labor economy. >> what do you find the semi-skilled worker, not the guy folding the clothe ss? >> they are not counting jelly beeps. >> yes, they are, a lot of them. >> it's a free market. >> you try it. >> i've done it for years. >> walmart felt strongly enough that it wanted to hang on to its talent because that talent might just go elsewhere right? so just like -- i mean, it is very much like high-priced baseball and football players right? the market is there and they have other choices, albeit a whole different pay level, they will seek it out. >> it is easy to keep somebody tougher to hire somebody. and walmart has realized that. look, the government and the unions have been after walmart
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for years. so it's not like they just woke up one morning and felt the sh are. they realized they have to do something about it. >> the people on the left are not -- the people on the left are not satisfied with this. they won't be satisfied until walmart is a union shop. >> we have to go now but i do appreciate you talking over one another because that saves us a considerable amount of time. meanwhile, they did it again. britney's got nothing on a white house extension on another deadline. ♪ oops
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great news today. which is that during this open enrollment period for the affordable care act, aka obama care 11.4 million people have either reenrolled or enrolled for the first time. >> i think it's crucial if you're selling something have music underneath what you're saying. >> it is crucial. >> all right. let's just say you can add another 800,000 healthcare.gov customers who might not be sharing the president's os testify view of this affordable care act hinge. it seems they just got the wrong taxes from the government it and it looks like a lot of them could end up paying through the nose. take a wild guess what the administration wants to do now have their put off filing their tax returns so they're not stuck paying those penalties. gary, talk about taxing. >> that's what you get when you throw out a bill that nobody
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understands and you have 15 people in a room come up with all kinds of rules, regulations, mandates, penalties and axes and you get this. the biggest problem for me is not just this, it's going to be the cost down the road it's the fact that it's going misreported, deductibles are up premiums are up, coverage is down. for me at the end of the day, at the end of the road this is going to be one big gigantic blob and we're going to be paying for it in the end. >> happy with yourself into no no one is happy that this element of it got botched but we're very happy that all these people are getting health insurance. down the road it will not be one big blob in f. that's what you said. >> who are you calling a blob? all right. ben stein what do you think. >> the whole thing is just too darn complicated. it was too complicated to start with. he promised something that was impossible to do, he tried to do it by all kinds of magic, it doesn't work, it's too complicated, god bless the
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people that have healthcare but it's too complicated. >> they extended this enrollment deadline in part for people who were uninsured who might not have known that they need to be insured so they gave them more time so they don't have to pay a penalty. who hadn't turned on a tv or read a newspaper in the last five years? that people don't know they need to be insured in it's cover for their screw ups. >> okay. >> i'm trying to think of a better song. >> they could have done something elo. >> burn baby burn. i might sign up for obama care if they played that. >> these are the same bureaucrats that are going to stop the isis guys from coming in. >> you're always ahead. >> always a hatelater. >> i want to drank dagen a and
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all right. reaching new highs with our gangs new picks. >> really like sketchers stock just broke out on very big volume on a gang buster earnings report. i think it's got another 25% this year. >> ben. >> csx, great railroad, steel on steel is the way to transport things. a great company. >> wow. no funds today.
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adam. >> xlf which is an atf of financial stocks as interest rates go up these are recover. >> i want to thank you all very much. the cost freedom continues with david asman. this is the place for business fox. you watch anything else, you're wasting your time. >> death by bad people or death by bad weather? which should occupy more of our time and our treasure? the president already on record saying climate change is the biggest long-term threat, but a brand new poll saying more than twice as many americans by global terrorism trumps global warming. so whose got it right? i'm david asman welcome to "forbes on fox." let's go in focus with mr. steve forbes, michael zane yan sabrina shaffer carrie she will felled and mike. >> the president absolutely does not have it right. look, it puts the entire obama
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