tv Cavuto FOX Business March 25, 2015 8:00pm-9:01pm EDT
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e taken yemen to verge of collapse. with a civil war raging. that is it for us, good night from new york. neil: welcome i am neil cavuto, who knew google has its own fastpass to the white house? a very fast, fastpass, one that never expires. you should be so lucky with yours at disney. google employees get on a lot of rides at this white house park, 230 since president took office that is about one a week, many of these meetings came as government was wrapping up its antitrust investigation into google. so awkward. i don't know. but i do know they closed that investigation, google agreed to
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make voluntary changes to its business practices, but you don't need to google the term quid pro quo to know, something doesn't smell right. it is more common to be shut out of the white house than to get so much as a kind word from the white house. it is -- not so bad ride. you don't like any of it? >> i am old enough to remember when google and apple and microsoft, and netflix didn't have lobbying operations. silicon valley said leave us alone, we do our thing, do you your thing. now they have massive lobbies operations in washington, it is basically the google administration. neil: they are not alone i guess because of the size it looks more obvious. >> to your point, the government
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and our legislature always lags behind technology, right now these companies are ruling the world. >> surprising. >> meeting with these google guys before launch of affordable care act. >> not surprising she meeting with them. >> he is meeting with them, we have talked about immigration and they are going to lobby for high school workers. neil: one a week. >> and net neutrality. neil: one a week. >> but they had a lot of stuff to talk about. neil: i don't begrudge them -- >> google on side of net neutrality in the beginning then they saw -- >> they evolved. neil: if george w. bush were doing this with contractors every week you would flip a gasket. >> i would then i would point to ronald reagan, thinking about
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coziness he had with some media companies, sparking the dislaig in media under his watch you had more companies in history in mergers and accusation -- acquisitions. he for gave him that. we fore gave him that or others did. >> you have big 4 trillion dollar government, and the massive companies like google. you put them together, and bad things happen. neil: i think it is ceo, to meet at white house it gets problematic when it is like skip the pass just walk in. >> i don't know if it was that, if they had that access. neil: remember jpmorgan chase jamie dimon could just walk in, as soon as he started getting
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critical, not only of the bad pass -- not only was the fastpass taken away but they were all of a sudden fined. >> as industries go this occurred with auto industry. as they become huge role in industry they will be meeting with government officials. neil: the same thing i said, with al sharpton, meet with others but be fair and balanced he is choosing i am fair if i focus on google and focus on apple, i am ignoring everyone else. >> most of them do not have a
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lobbyist. i think that when government tries to regulate the high-tech industry they are 3 generations behind. neil: what did i say about regulates technology? >> i just mean, of course, google will have lobbyists because the government is speaking its fingers in everything they do. >> i agree that small business to should have a role at the table. >> that is not my point. neil: he makes more sense than you do. that scares me. neil: no wonder so many want to work at google. add rugruth borat the chief financial officer at investment bank morgan stanley.
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now, she will become cfo of google. add her to a growing list of wall streeters going to tech. forget what this means to tech. what does it mean to what is lifted of wall street. woolt scott martin says not much. the allure is that technology is cool. there is more money in it. you are sinfuly rich enough, what is going on here? >> sinfuly rich, that is the way i describe myself on twitter the brain drain in financial industry is upon us. financial industry, markets could not keep a nice lady like veronica vein. look her up sports fans, the
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allure is note there any more. it is technology sector, it is all these cool things that are going out outside this once big structural firm. that was wall street, that were all of the banks. neil: i think it is the money as much as the financial industry pays, it chump change in comparison to stake you take when a technology does well goes well between you know options and advances and stock. you become a gazillionaire quicker than on wall street. >> you do, but also i think that wall street thanks to administration, and financial crisis has a image problem still, i would argue that financial situation for a lot of these banks is not as near what it was before the crisis, you have perception on main street, some of the people in dc that say, the banks are still doing things wrong and to your point
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about financials of them, dodd-frank and all things that are out there now elizabeth warren a big party in democratic. neil: the bloom is off the rose you are right. i think that latest -- college graduate used to be overwhelmingly wall street. now it is half and half, and that other half is going to technology. >> right now only reason prowbly like your bank or you can deal with them, is because of the technology allows you to do what you want to do. if you work at that bank, and have you that high paying job on wall street, which is not as high paying as it once was it does not hold the same muster is did 5 years ago. neil: thank you. >> wall street not only one with a silicon valley problem you might have one. fidelity and other money
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managers are striking deals with tech start ups like uber and pin trust to load -- pinterest to load up your 401(k) portfolio. and did you not know it. larry, the argument for this is we're spreading our belts gives you a more diversified portfolio. we know they never did put this in before. >> well, i would find it alarming if they put big percentages into it, if you are a retiree and you count on this to be your retirement fund to live on, this is speculation what the tech start ups are going to be worth they value then but it is not based on publicly released financial statements they have never been traded anywhere before. from a guy like me, it would be
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a made up number, i look at some of the stuff that out there look at uber. you know, in mid 2013 it was supposedly 3. .5 million dollars and now over 40. how do they come up with 1000% growth in less than two years that would bother me. neil: they could also move on to the government. do you think there shouldn't be a little bit of aggressive investment in. >>? >> i have no problem with it being a very small percentage. some mutual funds saying it will be very small, the good size, if it is very small you are not going to lose a lot of money but bad size even if they make a
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lot of money uber is worth a thousand times more than a couple years ago you are probably not going to make a lot either it comes down to how old you are if you are 40, and have you most of your earning years ahead, you could afford to be more risky, if you are in your 60s you cannot afford that risk, there is a lot of money to be made, but always the other side of this, there is a lot of money to be lost, i don't want that money as i approaching retirement to be mine when it comes to losing it. neil: not everyone is write a incredible bestseller like you larry thank you very much. >> thank you. neil: well holy hola lay withed to cruz, and mike huckabee and carson striking up the christian votes, are you starting to think that santorum does not have a
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what can prin trip ires do? >> they are cool in a lot of ways they have capability of building a building. they can -- they are stackable. if you have a job in construction industry that involves hitting a hammer over and over against you should be scared chances are that the printers will take that over. but when it comes to strategically building something you still need human minds we have heard that technology is replacing humans. neil: i saw 2001, a space odyssey. i remember how a certain pod bay door would not open, i know how this ends. >> we will see homes becoming
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cheaper in many ways, i would appreciate that. neil: if you had a job to buy the home. >> but in places where it is war torn or a storm croms through and demolishes that community. neil: as long as they don't advance to tv news business. up next, a work out suit, put this thing on, 20 minutes the same effect and you are don they can get that to 20 seconds sign me up. but, how does this work? >> it has elect ready toes that go on on electrodes that go on your skin, a normal gym suit, but it works with the muscles so they work out harder. really -- >> how is it telling you are not working hard enough or dragging
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you? >> you have put in the smoke in the work -- in the motion, and the work. neil: you have to get up. >> do you have to work out. neil: that is the problem. >> it will amplify the effects. neil: a lot more done in a shorter period. >> normal mom after you know dropping kids off and going to the gym? no, but for athletes, people in sports industry, and ever edge counts that will be huge. neil: i will have more time on my hand after the 3-d printer takes my place. >> meanwhile boeing an announcement that might be eerily timed they have uncovered two black boxes. one is damaged the other is missing its memory card, but what boeing has come up with might make black boxes obsolete,
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a force field of lasers that would make a plane -- it would not prevent the crash we saw but it might have stopped a malaysia jet from being shot down over the ukraine last year uthe issue would be the expense. >> yeah this is going to be expensive, but innovation is, until it is not, but you talk elect remagnetic fields, and see through concrete, this is not new technology. neil: that static field does not interrupt with cock at this time control. >> -- cockpit control. >> it will be a huge expense but as they tinker with it, it will get cheaper. neil: therefore a big push after this shoot down, that we have to
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help or retrofit airlines with this technology. to your point it depends on the expense. i think it is just a matter of time. >> it is. once they test it, they will get bet exper better therure certain things that will make technology overall cheaper like battery life, that is something that going to sell working very hard on. -- google is working very hard on. neil: all right we'll watch shawna thank you. >> my pleasure. neil: we have a lot of saints in this president at presidential race. men with no problems talking about god 4 years ago only rick santorum of the doing that, now a few other presidential wanna-bees are harping in -- harping in.
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neil: remember when i was chatting with mitt romney yesterday about this very crowded republican field i say it was so crowded. he stopped. >> is there a portion by vote. primaries, you could get through a situation which begs issue would you entertain the party coming to you and saying governor, we're at a draw. >> first, that is not going to happen. neil: it happened before. >> i am not a entertainer. that was a long time ago. we'll have a nominee among one of those. neil: he may say never, but girls told me that all of the time in high school. my point is, there are going to be a lot of republicans vying for this presidential
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nomination, i am thinking at least a dozen or more, half of them stick it out right through the spring, many of these primaries, award delegates based oning your portion of the vote, they of all competing for the same delegates it gets to be impossible for a man or woman to amass delegates necessary consider just those vying for the evangelical vote, in 2008 it was justerjust huckabee, and then last time santorum, this time it is cruz huckabee. >> to rick anker santorum who is joining me on the phone. >> i think that it is way too
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early. you go back to 4 years ago there were a lot of other people who were considering you talk about rick santorum. michele bachmann, and herman cain and a lot of people who are trying to appeal to voters we did very well with. it will be a -- it competitive it has been in the past, and this thing will widdle itself down there is not enough air in the chamber for 13 candidates to make it for a few weeks it will narrow down, in first few weeks. neil: i know you are religious guy, but, i am married to math. i am a numbers geek. the numbers just don't add up, just to get to the 1200, 1300 delegates you need.
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it will be an uphill climb if someone stays in, a group through april or may which is note out of a realm of possibility does that make you think there is a possibility this was more the norm multiple ballots. >> i think it is certainly vehicle happened last time, and you know there was several candidates who ran. but as you know. you go back and look at last time several candidates, it narrowed down after a few weeks to really two who had a possibility of winning that is likely to happen this time also. but if it does not as i said last time, it not the end of the world. the bottom line is, that the primary process let it work, let the competition work. and if there is a real division,
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then we'll go to something that i am certainly not worried about, i think an interesting convention where we have ideas out there and we have candidates putting forward different visions for country and a dynamic way we have not had a competitive republican or democratic primary convention in a couple of generations this would be i think it would be exciting. neil: i am going to raise a bet with you, i think it is going to happen you could be in that mix, back to you and guest i had on with me talking about you. foster freeze big backer of yours, i raise with him fact he also likes some other guys in party. >> i know you placed your bet and your support behind rick santersan-- santorum, but you have
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been seen in company of others. >> i am a rick santorum. and ted cruz is an amazing human being, but how do we get establishment and tea party to kiss and make up. neil: is he leaving you? >> is he what? >> leaving you hinting he is -- >> no, i just talked with foster today. foster is a great support. we have -- we're building a very strong team. it is really, siting to see so many people, who are encouraging to us get into this race, we have not made a decision after that yet. neil: he has not said anything to you where you know, i love you, you are great, but at the first sign of stumbleing i am going to leave new a heart beat? >> no, no, -- foster and i are
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close personal friends as well as see the world and all aspects the same. i am not that -- that is the last thing i'm concerned about i am concerned about making sure before we enter into this we have a big strong team to run the kind of race that is going to be a winning race in primary governmenter and i talk about it a lot. we have to have a message a unifies message. not just between tea party and establishment but you know reaching out and bridging this country together. so many people are sick of the division that is going on in the country, they are looking for someone with a fresh message. neil: we'll watch senator always a pleasure thank you very much. >> thank you neil. neil: think quick. taylor swift radioshack. one is buying up porn sites with their nasty stuff, the other selling off anything that is not nailed down, including your personal stuff.
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neil: maybe this is just mean but i think this is radioshack looking under couch cushions for spare change, but this is customer data. they is legal like selling mailing list to companies kennedy worried that radioshack is note alone not a fan. >> good to be we're with you. radioshack. neil: why do you sound like you don't mean that. >> i so mean that. neil: so what is it?
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>> everyone has a list, if you are dumb enough to go to a store, give them your address and exmail address and phone number and main because you want to be a part of their gift club, and fan club and everyone el that on you what do you think they are doing with it. that is the price of doing business in ran electronic age. i get that i accept that responsibility as a consumer. i am not wild about it. neil: radioshack, selling everything but kitchen sink. >> my husband pointed this out this weekend. they were dismantleing a video shack this weekend he said, they are going out of, it is called radioshack, what is the last time you bought a radio. >> internet shack or something. >> so fashion backward. neil: it is legal lawyers tell
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me legal what they are doing not their cup of tea. >> attorneys general in texas and tennessee disagree, in texas it violates some privacy laws there. neil: companies that sell these? they can't do that. >> depends on the state, that is what a republic is, that is fine 92 thatfine. neil: that is us. so, i think radioshack will do it someone will buy the list, i don't know who because it is a dwindling list, some of the names go back to 1980s. >> and some of them don't have a 19 in front of their birth year. neil: is that right. >> a lot of civil war era. at&t actually has a invested -- vested interest in this, they have done brand sharing and partnering with radioshack, they might be we are owed that list
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by virtue of our cobrands. neil: you are big on this, word -- either on internet, limit what you share. >> i think you should limit what you share you should have one e-mail address for your on-line purchases. neil: it would have saved hillary clinton a lot of trouble. >> get your own server and have someone named humma be your wolf dog. neil: it is great she has her own server. >> it used to be a 300 foot luxury yachts, those are just for russian billionaires so boring so 2004, but your own server like martha stewart had her own brand. neil: have you a server. >> right. you got served neil. neil: on fire. all right the taxes you leave your heirs will have you wants
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to save them will trouble you might want to hear this next republican out the only one in senate not running for president, john thune will tell you how he is on a mission from god. >> we're on a mission from god. >> hit it. people ship all kinds of things. but what if that thing is a few hundred thousand doses of flu vaccine. that need to be kept at 41 degrees. while being shipped to a country where it's 90 degrees.
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generation. in taxes than what their assets are worth so, what typically happens is they have to liquidate the business to pay irs. it is see tax that is inefficient, it hurts it hurts jobs and the economy in this country, we think it is time for it to go we have a bill to repeal it and death tax. >> what support do you have? >> good support among republicans, we have been reaching out to democratters on in the past express support forgets rid of death tax we hope that they will there bipartisan support in congress, kevin brady introducing a bill in house of representatives. we will hold a news conference tomorrow. neil: you know, the administration, i am sure you are aware of this, i don't know what thune is arguing about very few pay this tax because
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very few fit the criteria. what do you say? i think they say closer to 2%? >> right if you look at run-up neil in land values in state like south dakota over past decade, we have seen land value increase to point about a third of farms in south dakota are actually over the exemption amount, they would be lyle to pay the tax -- liable to pay the tax, this is a big issue where people are land rich and cash poor, it hits a lot of businesses they suggested that ending death tax would add a million 1/2 jobs to the economy so we think it is with jobs about growth, and you think about how much money people spend to avoided the taxes. this is something this inn -- in our economy we don't need. we would like to encourage the family to pass the farm on to
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next generation. neil: right now are you one of only republican senators not running for president that i know of. i wonder when you hear out of your colleagues this idea for sympathized tax code, they seem to be very unified, will that be a republican rallying cry in 2016? we're a long way from clg anything that approaches a simpler tax code. >> i agree, the tax code is way too complicated and way too costly to comply with, if we could broaden tax base, and lower rates we would unleash a period of economic growth, including with that should be getting rid of death tax the administration in washington likes now likes to raise taxes take it from some people and give it to others.
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so you know my highway patrol would be that in -- my hope would be our candidates are talking about their plans to reform tax code, and make it more simple and fair, and lower rates and focus on economy growth. neil: senator thune always a thesure. >> thank you. neil: if you run or join our other colleagues let us know. >> you will be first to know. neil: all right. thank you. >> thank you. neil: well, taylor has been swift in buying up the porn sites, the skino what the rock star is doing. helped perform 26.6 million surgeries deliver 3.7 million babies and treat 133 million e.r. patients. now congress is considering cuts which could increase wait times reduce staff, and threaten your community's health. keep the heart of america's hospitals strong. for you and your family
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tell congress: don't cut hospital care. doug. you've been staring at that for awhile, huh? listen, td ameritrade has former floor traders to help walk you through that complex trade. so you'll be confident enough to do what you want. i'll pull up their number. blammo. let's get those guys on the horn. oooo looks like it is time to upgrade your phone, douglass. for all the confidence you need. td ameritrade. you got this.
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of the porn, this porn, dot-porn grabbing. taylor swift do the porn, and taylor swift . adult before the dirty domains go up on sale, "strange inheritance" jamie colby said nothing strange about it if she does not do this now she could face legal hurdles later. >> it happened to me, someone took my name, and web site, and taking neil cavuto dot whatever, except porn would be a profit able proposition. the things it takes to issue you neat. neil: and you. >> it is fun to be me, there no legal case, -- it is not illegal to take somebody's name and buy a web site with their name in hope of profiting later, if you put something on that web site that is despairageing, have you
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to share the profits. neil: she is taking these sites with her name, and still used with -- can they be used. >> once she buys them she owns them. neil: images of her can pop up on sites without her name. >> she would then have a right to sue. neil: legally buying up name does not shield you from this type of stuff coming up. >> well, it is smart of her to buy the i thought question if someone el buys a name with her name is there a suit in expf and and of itself. i went with our weather dude. he said, you have to come down the street to the dell i your face -- deli, he said you have to come here, your face on on an ad
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for a male health product it was my picture i seeked legal remedy to get it stopped. neil: did they take it off the deli wall. >> it is gone, i do not have it any more. if taylor swift did not buy the sites, someone else did and they made money and put something unflattering of hershey would have a suit, but who whether or not you there was a dot-porn,. neil: she is a smart lady as of you, how is the show. >> great tonight, if you love "strange inheritance," so many people do. if you love animals a sanctuary that was left with lions tigers and bears and that baboon. i met him personaly the way to their heart is through their stomach, they are rescues, she
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inherited them a beautiful story of survival a family that wants to continue a great gesture of taking care of the animal second one a rancher did not inherit enough land to ranch, he found a surprise of his lifetime, he turned down 5 million dollars for a dinosaur a species that scientists did not know existed. neil: was it a prehistoric. >> like this, like this. neil: are you surprised at the success of the show. >> this is real stuff, this is not reality, this is real families. neil: i want to string together your reaction stocks when scary people you talk to scary people it seems find me a window where is the door. >> my chair rolls back,. neil: look at the time. >> that is dr. keith ablow we're
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neil: he is deal with ted cruz bashing? to a lot of you too much, may we component ought hillary and biden and dodd told us how inexperienced obama was yet they got behind him when they saw an opportunity to gain power, such is politics. >> g.o.p. still have 12 more presidential candidates to come out. >> is no doubt that cruz is a bright guy, but i don't see him as having charisma to beat
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hillary, i saw his stand on repealing obamacare as less of he he orrick, he knew -- heroic, he knew he was fighting a losing battle. i say hear him out he will be part of a very vibrant mick of candidates. -- mix of candidates. i think you are correct, what a fabulous cabinet it would be if the republicans became a team. >> and said it might be a crowded field but by convention time it will be one nominee i disagree we will not have a nominee by convention time, that is when republican seek him out maybe a concensus candidate. >> and a lot of those guys were bummed out when you said you were not going to run you say
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never? >> it not going to happen, i'm sorry neil. neil: that is never never. >> not going to happen. neil: i don't know, neff, neff esounds like maybe to me. stacy, i just watched interview with mr. romney, it was good, i wish he would have made it into office. tony my comment on your facebook post about mitt romney had 600 likes in first 30 minutes, did i just go viral? >> no, you are just hitching along for ride. >> henry neil, for a long time, several times, i have written you about criticism about your constant interruptions and your troupestupidlaugh, today i designate you on newest ofny list of men a carried for a long time as least admirable three men in the
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world, the title you are now on is jerk. who are other two? buffalo businessman. >> we need a guy who can create jobs that understands means of creating jobs does not side with 1% again 99%. republican base, that is there many of them did not come out for romney, they done vote. that hurt him. neil: tommy in north carolina, not a fan of carl's. that would be a wealthy club. >> good to see paladino back. >> i see on news that hillary has a new e-mail account.
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since she isn't using the old one can we see the server. thank you for watching see see right now. for exotic animals. >> how is his health? >> he's doing good. >> call of the wild. >> rescued by quite an odd duck himself. >> we use 26,000 pounds of chicken or beef every six weeks? jamie: what was his reputation. >> wild man. >> was he a guy who played by the rules? >> no. >> when he dies the authorities want to shut his heir down. >> he left you with a mess. >> he did. that's when the anger hit. >> will it cost his widow her "strange inheritance"? >> i didn't go through everything all those years to just give up. ♪
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