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tv   Forbes on FOX  FOX Business  March 8, 2015 9:00am-9:31am EDT

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it a lot. that's one you should look at. also old dominion 100-year-old trucker taking market share. and my high risk play is a company called seconight giving people the ability to see again. >> all right. cost of freedom continues right now. if you if iran changes its behavior the restrictions would be lifted if iran doesn't change its behavior the restrictions should not be lifted. if iran wants to be treated like a normal country let it act like a normal country. >> bibi's straight talk thing rch bringing them to his feet if congress if he's right and history shows we can't trust iran should we drop the negotiations and just rev up those sfnl sanctions. i'm david has ner and welcome to "forbes on fox" let's get in focus with mike ozanian, elizabeth mcdonald and cows inn golds bee former white house chief economist and chairman of
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the council of economic advisors advisors. steve, is it time to rev up td sanctions? >> it's time to rev up the sanctions and put them on steroids and stop these negotiations david, which are a dangerous joke. iran has 20-year history of violating agreements, it's already violated the interim agreement on which it entered these negotiations going for illegal parts and the like. they can't be trusted and any deal won't be worth the paper it's written on. bibi is right we've got to do real things. >> boston in addition to what's happening on the nuclear front they're also becoming an evil empire, you look at how they're controlling more and more territory. a lot of people, even a lot of after rabs and fellow us approximate limbs are concerned about what they're doing. >> i'm sure they are and we shouldn't have gotten in a big war to take out tear biggest enemy and give them all the power that they currently have. i mean, the approach that bibi is talking about nobody thinks that they're a great country,
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but if you just try to taking sieve sanctions and hope that that will work it didn't work this north korea, that was the bush administration approach and north korea got a nuclear weapon despite that and it didn't work for 50 years of embargo on cuba. i think we need to be realistic. we don't want to get in a third war. >> we should mention, ee pack that the same person that negotiated that north korean deal which clearly didn't work is the person who is negotiating right now the chief negotiator wendy sherman is now negotiating with iran. but the question of whether sanctions will work, oil has come down tremendously half of what it was a year-and-a-half ago. now more than ever i would think that sanctions would work because they rely so much on oil. >> i agree. welcome aboard austin, it's good to be with you. listen, they have worked because the post 9/11 george w. bush put in the crack town on terrorist financing and iran is on that list.
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it ushered in a moderate you know, rahani. hundreds of dozens of international companies fled iran, the economy is is in trouble millions of iranians don't like the regime and what they're doing, there's food sort ajs and inflation and we've got iran not being able to deal with numerous countries because it's a terrorist continuesed listed blacklisted country. >> bruce you don't have to go to war, just ramp up the sanctions. >> well, i mean, one of high problems with the speech was is that he didn't outline what he wanted to do. i think we should continue negotiations and what would be so wrong with submitting to regular rigorous inspections because you cannot take away their bomb making capability that they already have. >> no but, again, there's a question of trust. by the way before we entirely -- you don't want to rule out anything, mike, one thing the american people don't rule out 65% of them don't rule out military action.
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65% according to a new poll say they favor taking some kind of military action, might not be boots on the ground we're talking about, but whether it's israel or air strikes or whatever. >> what's going on here is netanyahu is saying, look, i want america to have pie back because it's too late for sanctions, david, that time has passed. israel is going to take out iran's nuclear capabilities and they want to make sure we have their back. that's what this is about. what we have to to now is focus on building up our military. >> rich, bibi netanyahu when he spoke before congress and by the way we haven't heard a speech like that or response to congress to a foreigner speaking in front of congress to winston churchill in 1952 told us about the iron curtain. that was an extraordinary speech. i think even though there were some protests from the left wing of the democratic party most members of congress agreed with him, right? >> yeah, they did, and staunch democratic supporters of israel like robert menendez or chuck
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schumer. >> another democrat. >> they're being put in a pickle right though. look bibi netanyahu pointed out something really useful that is lost in all this discussion about isis and that is that iran is the major ex porter of terror in the world and they are about to acquire nuclear weaponry and this is th has got to be stopped. i would like like to be optimistic but i'm agreeing with oz that it may be too late for sanctions because bibi was saying we're going to take care of this problem whether you have our back or not. >> steve there are ways to go after evil empires without going to war. i mean, the way ronald reagan, for example, supported, he had sanctions but he also supported all of the freedom loving people that were against the soviet union he supported solidarity in poland the con tras in nicaragua. in 2009 by the way, there was a protest by the iranian people against the government after an election and and that stood in
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sharp contrast we did tract clee nothing to help those folks. >> that's right the president betrayed that green revolution. in terms of sanctions if you make them tough enough they do bite. in the case of north korea we removed effective sanctions in 2008 on going after banks that the country was using to finance its activities and that's why the appeasement failed again. we took the bad sanctions off. put the tough sanctions on and if they don't work within a few month we're going to have to look at other courses of action. iran cannot get the bomb, period. >> i know you weren't working for the state department back then but in 2009 we did have a great opportunity to support the freedom loving people in iran. we didn't do enough, did we, and shouldn't we do more of that is it. >> look, when netanyahu came before the second iraq war and said that the middle east would be a far better place if if we would simply start a war and take saddam hussein out i think there wasn't if you have attention paid to what are the
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consequences of military actions or extreme action. when you come to 2009 the reason that nobody wants to get into an aggressive posture toward iran is we're coming out of two virtually endless wars that cost us trillions of dollars. >> austin we just showed that poll, 65% of americans think some kind of military action against iran would be worth it. >> you put words in their mouth. they are not -- going ask the question do you think we should have another war like the iraq war against iron? we're not talking about that. emac, we are not talking about another war, we're talking about ramping up sanctions supporting in a very strong way the people that are against this new evil i'm fire. >> and the people inside iran don't like what the regime is doing. you're right, david, i hear what you're saying. the man running the country is a moderate. he was put in place after they
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shoved out ak ma dean jad who was considered crazy by people inside iran. what's going on with sanctions is that iran has been basically getting china and russia to help it out. they've been helping iran cheat. watch this, oil ex ports in iran have dropped, cut by more than half since the sanctions took place. >> and they're hurting. bruce, the fact it s. these aren't sort of neutral operators wraered to iranians, the iranian government while we were negotiating with the guys they were bombing a mock up of a u.s. aircraft carrier. what's that about? these guys have all but declared war against the united states. >> i don't know about that. i mean, when you have china and russia and the u.s. -- >> hold on a second. bruce, how would you describe what they just did to the u.s. aircraft carrier mock up? what's that about? >> i agree that that's not what we want here but if you stop negotiating -- we don't want to bang the drums of war either. i mean, the country is tired of that. i mean 65% of americans asked
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the question whether they want mortar tar sauce on their filet owe fish would say the same thing. people don't want war. >> nobody wants war obviously but we don't want to be attacked, either. >> the bottom line is iran cannot get the bomb and what's the best way to try to prevent that? sanctions we hope if not we're going to have to consider other measures. the negotiations won't work, iran has never add eared to an agreement in the past? in my lifetime we have defeated an evil empire without going to war with them so it can be done. a government employee caught with 7,000 pornographic images on his work computer and still has his government paycheck. all because of government red2:30
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p.m. eastern with julie banderas now back to "forbes on fox." >> threatening your coworkers and superiors, watching porn at work for hours on end. now, both of those would be
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enough to get you fired immediately in the private sector but a new report finding that is not the case for some government workers. and in the case of the porn watcher it's been nearly five years and he's still getting a paycheck. should it be that tough to fire lease people? >> no, it should be the exact opposite. we want to fire them with great regularity so that fewer people choose government work in the first place. if we in fact do that very few people will notice that the government is greatly shrunk but what they will notice is a much larger economy if government is consuming fewer o that we've created in the first place. >> austin i know a lot of liberals who turned into conservative like milton freed man because of their stint in government. did the same sort of happen to you? >> well, look, if people who engaged in misconduct we should not be trying to protect their jobs but it is worth remembering that the reason we have a civil service in this
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country is that it developed out of the patronage wars that if you won an election you would go town and say, okay, everybody in the government is now fired. the financial regularity whoever it is, and i'm putting in my own people and that was even worse. i mean come on out to chicago we could tell you how the machine works. >> emac, that's the reason why we have this. according to austin it's better than the patronage system. >> patronage is a kind of porn. anyway, watch this david in the henhouse echo chamber that is congress, only congress would come up with legislation that reads eliminating porn from agencies act. what is going on here? do we need legislation to fire these people? >> that's a great point. >> and the other point too, is internet porn has a lot of malware and viruses in them. if we're watching hem at work it could introduce viruses into the federal system. >> why can't we fire these guys?
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>> i don't know. i think this is a bad example of, you knew -- unless you're working for the fcc -- >> it's not a bad example -- >> exactly. no, that's exactly right. but the thing of it is you've got to be careful with taking away protections from workers if they want to blow whistles on you know, behavior like this or taking away a grievance process which we don't want to do. this seems to be an isolated incident, let's hope, and if there's a loophole let's close it. >> mike, when you think of silly stuff that's gone on remember the irs employees had the -- that "star trek" video that they did and then there was the gsa had a clown you know this stuff that was sanctioned, not only sanctioned by the folks above but sort of ordered by the managers to do this stuff. >> people got rowdy at the christmas party they should be fired. >> the managers don't spend for
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this ridiculous stuff in the private sector. >> making them ease year to fire them is not going to help. the only thing that's going to help is shrinking the budgets and shrinking their power that's the best way to handle this. >> by the way, steve tom co burn used to be in congress he sort of added up all the silly stuff and how much it cost the taxpayers taxpayers. $25 billion a year that's how much he says all this stuff costs us. >> get a few $25 billion it starts that up to real money and it's not a noise between no firings and wholesale firings that you had in the 1800s, but ultimately the answer is as mike says and john says a smaller government, there are a lot of departments you can easily do away with and no one would notice the difference and any business can tell you you can find efficient sees but there's no incentive to do it am in until federal government. >> don't we have too many government workers?
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all he have some folks with too much time on tear hands and you know what happens then. >> well, look, first thing i think is go to large companies around the united states there are people wasting time. go there at lunch break, what have you. as i say -- >> but if they're watching -- i guarantee if they're watching porp austin, for five years they would be fired. if they're watching porn for five weeks they'd be fired into anybody who is guilty of piz conduct if they have a system that's protecting their jobs that's a messed up system. >> john tamny quickly. >> -- hold on, i'm sorry -- we've got to do the go around here austin. john, go ahead. >> when private businesses are wasting resources they lose profits and they go out of business. when government wastes resources we give them more to consume after all that. there's a big, big difference the right sector is about efficiency, government is by deaf figures about waste.
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>> austin, i'm sorry, but with six people we don't have much time. we'll get a go around the neck round. the "cashin' in" gang getting ready to roll at the bottom of the hour, eric, what have you got? >> word is hillary is close to announcing a presidential run, would she be another redistributer of wealth if elected? wait until you hear what she just said. >> plus twitter tirade a vile and vulgar attack on kurt schilling's teen daughter why the all-star pitcher says don't blame social media companies. see you at 11:30. >> thanks eric. we will be watching. up here first, they're behind bars for committing crimes now a class alisyn camerota lawsuit may force taxpayers to pay them minimum wage while they're in jaiaiaiaiaiai the world is filled with air. but for people with copd sometimes breathing air can be difficult.
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prisoners demanding more pay, a class action suit arguing that inmates should be paid minimum wage for duties performed in jail. now, the suit is also seeking $4 million in what the inmates called unpaid wages. austin is this right? >> this sounds like a republican plot to undermine support for the minimum wage. what are they going to get paid vacation days, too? i mean, this doesn't make any sense to me. >> bruce, this is crazy, isn't it it? >> well, it does on its face sound that way, but, you know, i think if you did pay, you know, criminals behind bars a fair wage, whatever maybe you could tie it to some sort of restitution, maybe they have loved ones or they are deadbeats who don't pay child support, i don't think you should
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necessarily rule it out. >> steve, in some cases these are the worst of the worst, sexual predators in wisconsin and in the state of washington are demanding minimum wage. >> this is an absolute joke when you get convicted of a crime you forfeit many of your rights. the 13th amendment of the constitution says neither slavery nor involuntary serve tud accept as a punishment of a crime where the parties should have been duly convicted shall exist. in other words, the constitution says if you commit a crime you're not going to get, among other things, you're not going to get a minimum wage you've given those things up. >> steve, don't confuse the issue the with the facts. john, what do you think? >> i don't think there's too much of a story here. if you look throughout history governments always set rules that we have to abide by and then rules that they break all the time. so this is just the latest example of it. >> rich, i think there's a story because they're actually doing trk they're actually suing all over america from boston to the state of washington. they are the ones, by the way,
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let us remember who owe a debt to society. we don't owe them, they owe us. >> yeah i never thought i would agree with austin on our very first show together here but, look, the argument the lawyers should have made is that if you're detained but not indicted or convicted the question is does the government owe you compensation for lost wages. stoo austin, what do you think is going to happen? is this just going to be laughed out of the courts? >> it's got to be thrown out. i mean, think about it just on the straight economics, this person who is this jail, they won't be able to get a minute hum wage job if they applied for the job so why would you be paying them for a minimum wage job in this prison? i think it will just be thrown out. i don't see how it could -- >> quickly, steve. >> why let crime pay? >> exactly. crime should not pay. it's very simple. common sense is very simple. thanks to austin for joining us today, thanks. >> thanks for having me. >> you want your name on the
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the new forbes billions list is out some shocking new names. but first get our informers names to put you on that list. elizabeth mcdonald google, larry page. >> who now wants to get into the phone service. wants to be your tone and also it's taking on apple pay. i like google. >> mike. >> stock had a run up david, buy it on the dip. >> dish network, you like. >> i love their move into over the top streaming of content. i think that's the wave of the future. >> emac. >> i like it to you it has a lot of debt. >> watch out for the debt. that's if for "forbes on fox" don't miss me on forbes business
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network 4:00 p.m. eastern apple will be unveiling its final secrets about the apple watch. will it transform us like the ipad did? keep it right here the number one business block continues with eric bolling and "cashin' in." have a great weekend. while everyone is focusing on the e-mails hillary sent from her private account when she was secretary of state should when focusing on this, we could be days away from her a pouncing ago 2016 white house run and if you're wondering what kind of president hillary would be, wonder no more. >> we're fighting for an economy that work for everyone and includes everyone. >> doesn't sound like a commander in chief, sounds more like a redistributor in chief. i'm eric bolling welcome to "cashin' in." our crew wayne rogers, jonathan owe hoe anything and others. surprise, the cat is out of the bag, lisa, crack

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