tv Cavuto FOX Business April 11, 2015 1:00am-2:01am EDT
1:00 am
good and every year we live longer. that is ever show. see you next week for a new episode in the new time slot fridays on fox business.s tonight i'm lori rothman, thank you for joining us have a wonderful weekend. good night. >> is the cost of screaming about to leave you screaming? thanks to the fcc you could be hit with big fees. we have the details coming up. top story, hillary is running to the far left? good evening. i'm tom sullivan in for neil cavuto and hillary clinton set to kick off white house run sunday. and senator liz warren pushing to expand social security, if she wins in 2016 but with the social security disability fund set to run dry in 2016 yes next year tax analyst ann mitchell says we don't have the money to expand anything. dan the disability funds next year but the regular retirement fund is not that far down the
1:01 am
road either? >> two things to understand. first of all, the social security trust fund is nothing but iou's no real assets there. all this talk about whether it runs out in 2034 or 2033 is irrelevant. the government can only cash the iou's by taxing us more. here's the bigger problem that i have. what elizabeth warren is trying to encourage hillary clinton to do. we are running deficits in the social security program, and as more and more baby boomers retire, the deficits get larger and as a matter of fact if you look over the next 75 year, you take all the deficits adjust them for inflation you're talking about 40 trillion dollars of red ink. so the notion that we should already in a deep hole dig the hole deeper is crazy. >> but every time anybody gets honest and says i'm sorry but the promises that have been made to you, there's no way the smath going to work where they
1:02 am
can be kept. and the problem is they will break the promises when you and i are little old men, and we won't be able to do anything about it. they'll say i'm sorry, we overpromised. then what? >> i'm a little bit hopeful that what we've seen in europe over the last several years with the welfare states beginning to go bankrupt and suffering economic disarray, i'm hoping that that has sunk into the politicians in washington where they realize that at some point, you get to a very, very bad spot, if you continue to promise more and more spending beyond the private sector's capacity to finance it. so maybe, just maybe even though normally i'm cynical i think perhaps the kind of demagoguery we're seeing out of elizabeth warren won't go as far as it used to. >> well, the people say don't cut my benefits. smaller government yeah, yeah you're great dan, terrific. don't cut my benefits. beside that i paid into, it
1:03 am
that's the other argument. >> well, if we were talking about cutting social security benefits you're right. we'd have the normal political opposition. what's talked about on the left now is increasing the benefits, and maybe 20 years ago or go back to nixon's years when he increased benefits, maybe cutting increasing benefits used to be politically popular but i think that today, there's a little bit more sobriety for lack of a better phrase on capitol hill precisely because we see from greece and other european countries the very bad things that happen when you, in effect, dig the hole deeper than it already is. >> i hope you're right, i hope the message gets through. dan mitchell from cato. thank you very much. if markets are worried about our spending they have a funny way of showing it. japan dashing out of their recession. nikkei hitting a 20,000 for the first time in 15 years. this as european stocks climb
1:04 am
to a new record as well. marking the latest advance in a rather blistering rally over in europe and even the markets here are seeing a third straight week of gains and look at the levels that we're at. to market watchers gary and d.r. on why our stocks are shrugging off the government spending spree. gary start with you, everybody is ignoring it. >> look there's two words that are take over the markets and that's central banks. the japan market, the european market took off the day. they both announced massive money printing campaign and have not looked back. the currencies are being crushed so against the currencies not doing as well. that's basically the story. markets are ignoring 18 trillion in debt. markets are ignoring $500 billion deficits each year that our president takes a victory lap on, and i think there will be a day of reckoning down the road it's not here yet. >> the day of reckoning d.r.
1:05 am
we kept hearing how they're going to let the air out of balloon, there was going to be a soft landing warm talk, what do you think? >> gary hit the nail on the head in that all these equity markets are really inflated, really going up still, and the u.s. is the strongest bull in the barn yard for several years when we cut qe and it transferred over, as gary said to japan china and to europe, since the late 2014. they've all been outgrowing us. we've all gotten drunk globally on quantitative easing wine and the central banks want to engineer soft landing that will keep us from getting a hangover. and history shows us that we're not very good at that. 2007, 2008 showed we did not understand what a bubble we had built. that time in real estate inequities, the soft landing is tough to navigate. >> gary always the same with
1:06 am
the real estate bubble in 2007 and market bubble in 2008. you better get in before because the guy next door just bought a house and doubled it in six weeks. you better get in! >> well look it's always good until it's bad. and i remember back in 06 people lining up in miami at a trailer putting down no money on a condo that would never be built. get the paperwork and sell it for $50,000 profit a week later and, of course that ended. and you go back to 99 where you had companies with no sales but the dot com next to it. i really do believe we're getting into that atmosphere but again bubbles can last a long time and take a long time. there is more until this one ends. why? they printed 13, 14 trillion bucks the central banks and a few trillion more to go. if you have a blip here janet yellen will restart printing press, and notice they keep teasing raising rates but
1:07 am
nothing happens there either. >> d.r., are you recommending taking money off the table, playing a little defense here? >> i think the smartest thing for people to do with money is they have new money to put to work. i don't think it's time to take it off yet. bubbles tend to last longer than we imagine, and the last legs up tend to be the most explosive once. so you don't want to really take money off the table while hitting new highs. what you might want to do with new money is put it to work in more defensive sector put it to work in health care, which is already really strong. consumer staples which is strong but would do well in defensive times if the market does start to have a pullback. so have a plan for level to start take money off the table but not while we're on an upswing, tom. >> gary and d.r. thank you guys, thank you very much. good talking to you. how's this for odd timing? hillary clinton set to make anticipated announcement on a quiet sunday, and she'll do it via twitter.
1:08 am
this, as the younger crowd is wrapped up lined up for the apple watch release, and the older crowd is glued in front of the tv watching the masters. kevin and republican fund-raiser noel nickpower, wondering if hillary clinton is trying to enter the race under the radar, and nicole start with you. what do you think? >> absolutely i think she's trying to get in under the radar. i think that's what's going to be the republicans, she's trying to get in under the radar to avoid press questioning about e-mails and the clinton foundation. the left is going to say this is brilliant because she's exercising social media and that's the wave of the future, but the real thing is as a strategist and national fund-raiser, what she's doing is she's down in the polls, number one, and number two when someone makes an
1:09 am
announcement the two things that happen is a, they get a bump in the polls usually and b, it jumped up fund-raising. so i think all of this is a little more calculated than what we see at hand. >> kevin, this is not a cookie cutter race. everybody knows hillary clinton, everybody has an opinion about her. how are they going to try and shift that? >> well there's no clear formidable democratic opponent that the point for the former secretary of state to face off against. and so i think that she's opting to take a much more low key announcement if you will because there's really no one else for her to face. we all saw the speeches from senators rand paul and ted cruz when they were announcing senator marco rubio expecting to follow suit next week. there was palpable energy there right? i think that really the question for hillary clinton is not only is the left ready for hillary but is hillary clinton ready for primetime? she's got to show the energy and momentum heading into the
1:10 am
cycle. >> david mercer is joining us. david says that hillary is going to make noise no matter how or when she announces. no question about that. but this is a different type of candidate than anybody that we have seen. >> i don't think so although you will find her coming up with solutions to the pressing issues that we deal with, or that are in front of us but at the same time, i will say that she has been in primetime, will be in primetime, and i think it's a very smart way of going about it on sunday when people's attention will be through social media, they'll be through the tv and whatever and i guarantee you and trust you know, tom, fox news will be covering it and everybody else on what is going to happen and unfold which is her going small in the sense of talk directly to the american people. she'll be going to iowa and speaking with small gatherings of people rather than an
1:11 am
announcement through one media outlet or another. and i think that is a difference that you might see. some may not like it i.e. the networks or cable, or what have you, they'll be covering it as well. and they'll be directly talking to the american people about her ideas her vision based on her leadership and experience going forward, and that will be the makings of her campaign for 2016. >> nicole, listen, everybody is trying to make this a competitive race like the media horse race or boxing match. is this really going -- the democrats will circle the wagons, come together and it will be a coronation? >> yes, one in the same. and democrats are not, in my opinion the democrats are not as a fractured of a party with the tea party in the establishment. the democrats are good about rallying around. she's a different candidate. she's a different candidate because we don't expect much of her the bar is so low.
1:12 am
you've got murder you've got e-mail scandal what not. you don't really expect too much out of her, anyway. >> kevin, let's get the foundation question in here all of those things have to be brought up as well. how is she going to get threw? >> i'm not so sure about murder allegations but i -- >> nor am i. >> with the clinton foundation there are some questions that she is going to have to answer with regards to how republicans are going try to paint her as a crony capitalist if you will. on a policy standpoint when she's in the iowa settings at state fairs and new hampshire coffee shops, she's going to have to announce her policy proposals because there is a fracture within the democratic party on substantial economic issues such as trade policy and dodd frank implementation senator elizabeth warren was calling on former secretary of state clinton to announce and make clear her policy issues. so i do think she has a lot of unanswered questions on the
1:13 am
foundation front and on a policy front that she's going to have to answer. >> i think so, too. >> tom, if i might just add. >> very quickly. >> if i might? this primary as we have seen in the last couple of months even before this candidate is likely to announce on sunday is against hillary clinton as we've heard echoed from nicole earlier. all the candidates have tried to do everything they can to dissuade hillary, secretary hillary clinton from running. she's going to be running and focused on the american middle class, on prosperity and security rather than the other candidates who -- >> the message is all-important they got a lot of money to do it. david noelle kevin, appreciate you all coming on. we have a lot of you asking where's neil? and we just found out! our reporters caught neil in line for an apple watch. why he and you will be waiting a long long time? but first you heard it
1:14 am
1:16 am
[frogs croaking] you know what, let me call you back. what are you doing?! [scream] [frogs croaking] [yelling and screaming] it's back! xfinity watchathon week. the biggest week in television history. it's your all-access binge-watching pass to tv's hottest shows, free with xfinity on demand. xfinity watchathon week. now through april 12th. perfect for people who really love tv.
1:17 am
. tom: jesse jackson wants racial diversity in silicon valley where is the political diversity? last night national journal's rebecca nelson found conservatives in the tech world who live in fear of losing their jobs. >> silicon valley has long been this bastion of liberalism. no republican presidential nominee has won any county in the bay area since 1988. president obama won 84% of the vote in san francisco in 2014.
1:18 am
it's long been, you know this -- there's liberal supremacy there and they're worried to speak their minds to go against it. tom: democratic strategist jessica tarlov says it is not a problem because republicans are not a protected class but attorney eric custer says it doesn't make it right. start with you jessica on this business the fact that republicans are not a protected class. >> they're not. tom: and in the bay area in california the democratic party dominates. >> why is that a problem? if people feel they want to vote a certain way, that's their business. i haven't fill out that many job applications but certainly never asked me how i voted. and the tech industry is issue based how they done amount the top ten politicians that got money from the tech industry four were republicans up from one in 2010.
1:19 am
tom: all right, but eric that's fine, you can have your political beliefs but affecting my paycheck because if i say the wrong thing, i say something conservative in the hallway or the lunch counter at google will i lose my job or not get promoteed? . >> you may lose your job because you said something stupid! it doesn't matter whether you are republican or democrat. like what jessica said, a person's political choices will go along with their industry. for example, the teachers may support the democrats because of their policy on certain things and physicians may respond highly to the republican side. so it really depends on someone's specific industry as to what they think. tom: jessica i had calls on my radio show from people that are closet republicans in the teaching profession. they love teaching they lot of job, the occupation but they're afraid they'll say the wrong thing or be outed.
1:20 am
>> i don't know how to speak to that. what i think happens for a whole range of issues with sexual orientation all sorts of things. i don't think this is something we should be legislating about, look at carly fiorina about to jump into the race, i think she is about to jump into the race. that's a big republican at hewlett-packard headquartered in silicon valley. something interesting to talk about, but not a policy issue. >> and not a protect class like race sex, those things you can't change. tom: should it be eric in the reason we protect people is so they can basically go out and make a living without being discriminated against. >> yeah, but protect -- being whether you are a republican or democrat, that should not matter because people switch parties like they're playing hopscotch. they're republican today and next year let me change to democrat because that's where people are going to vote in my state so it really depends i don't see where this is even an
1:21 am
issue. tom: well when i moved to california, governor reagan was in office and then there was pete wilson and george deukmejian, it was a republican state at one time. >> maybe it would make you happier to live somewhere else that is more republican. the people in silicon valley, people who are voting are doing what's in their best interest. people are switching parties and identifying one way and not necessarily switching parties just voting how they feel in that election. >> you can switch parties for any election. just like when i practice in alabama i encourage people to split the ticket anyway there. are some republican idiots and democratic idiots. so we have split the ticket to make it right anyway. tom: well we'll see. [ laughter ] >> it's true do you have the choice, and you have the freedom to when you're in the voting booth, nobody knows. unfortunately at work. >> that's for a whole host of
1:22 am
issues. tom: be careful. >> you can change but -- >> we're not sure how careful you really need to be. diversity problems we talk about race issues and women being unfairly represented. tom: we're not going to solve it today. thank you very much. the fcc says the new internet rules won't increase your internet bills? really? why david asman says that is just bull, and he has the proof. and then to hear apple tell it, its watch is a big hit. why does someone here say apple is full of it? [ male announcer ] some come here to build something smarter. ♪ ♪ some come here to build something stronger. others come to build
1:23 am
1:25 am
1:26 am
about this! >> grrrr! >> i know. you knew this was going to happen. >> of course the government wants to regulate the internet and it says it can give away service and regulate the internet and won't cost anybody anything. that's bull! we know that's bull. just like obamacare, when you provide more services it's going to cost more money. they have the universal service fund program. if you look at your phone bill, it's not a big charge but over time it adds up, $3 a month to everybody's phone bill. before there were cell phones it led into the obama phone thing. tom: wasn't that the life line for people who had to have a phone to call the police or fire department. >> then expanded into cell phones and then expanded into self-service. if you have medicaid you qualify for it. if you have food stamps it's a growing program. tom: how much is the bill? three bucks? >> three bucks per person adds up to 8.8 billion.
1:27 am
almost 9 billion dollars a year. tom: here's the problem with the phone bill. two things one the three bucks used to be 21 cents and nobody cared. that was three bucks. 9 other thing is i used to get my phone bill in the mail and open it up i would look at it and see on the last page the little nickels and dimes now it's the phone company sends me a note saying by the way, online your bill is being paid. i don't get to check it. >> and the nickels and dimes have added up to dollars and tens of dollars. now 20% of the bill is the little extras. as people are using fewer cell phones and using internet services instead the revenue they're receiving is going down. that's why they want to include internet bills. internet access bills to include the charge on that. so they're just looking the government is look for more revenue. the regulation of the internet is going to give them a chance
1:28 am
to apply this to the internet services. tom: my question all the way along is i did not know the internet is broken. >> they want to milk the cow. it's the fattest cow in town they want to milk it to give more away to get elected. that's the political game there. tom: that's the fcc and congress said we're upset about this whole thing. the horse is out of barn. any way to get the horseback in and go back. >> of course there is and there are lawsuits pend buying people that will be hurt, businesses hurt by the government regulating the internet. and, of course, the next administration, if it is more friendly to business, perhaps they'll pull back the fcc because they get on appoint the majority members of the fcc. so there is still hope. there's a lot of hope out there. but you have to complain you've got to get mad because it's your bills that are going up and your internet that's going to become more
1:29 am
complicated. write to your congress people. you've got to stop this from happening. tom: the arguments have not been left right it's interesting how some people are all for it and people are against it. >> the people who are for it are changing. liberals in silicon valley were initially for, it now looking at the monster it could become in terms of the fcc regulating everything in the internet. now pulling back a little bit. tom: we tried to tell them. >> we have to continue to tell them. tom: david asman thank you very much. don't forget to watch david on "after the bell" weekdays at 4:00 p.m. right here on fox business. oil is down and isis options are running out. why that means we could see more o
1:30 am
1:32 am
1:33 am
the terror group is offering to free hundreds of christian hostages in exchange for $30 million. retired lieutenant general richard newton says this is just the beginning the squeeze, are we going to win a war against isis based on finances? >> tom, a very complex situation in the world. i've said before on numerous opportunities i've never seen an international security environment so complex in the last 34 years on active duty. in terms of isis four ways they have military capability. 30 thousand plus, and you have to think of them as a governance pseudononstate or nation state. think of them in strategic messaging, information to do operations campaign. the fourth element is the financial aspect of this. they need money in order to operate. they need money to grow the caliphate could it be black market oil? in this case kidnapping and
1:34 am
ransom. that's the key point. tom: and what is the money need for? if you're running a military organization, no matter what the form is i guess you have to pay the soldiers. in this particular case or are they just on their dogmatic mission and don't care if they get both. you have to feed them. >> and train and equip them. think in terms of not only recruiting but training as well. that takes funding to do that, and takes funding in order to keep the 30,000+ that is ever growing but also if they're going to spread their reach their caliphate from iraq and syria into places like yemen, libya, tunisia and so forth. it's going take funding resources to do that. tom: general you were air force. >> i was. tom: a lot of people said we need boots on the ground. the debate is whose boots on the ground? are you in the camp that says we can do our part from the air, but there needs to be
1:35 am
boots? >> it needs to be boots that belong to iraq and so forth, as we train the iraqi forces and bring them up to speed to fight and win their wars now, certainly i wouldn't necessarily take off the table the threat of u.s. involving forces. tom: one of the things the air force can do nicely is blow up their oil fields. >> we're very effective in terms of bombing campaign and so forth. it's a matter of how effective we are in utilizing those air power resources we have at hand. tom: can you squeeze an enemy with a financial grip? like you said they need the money they're not getting it. they're trying to get money for hostages. they look desperate. >> we can squeeze them financially with air power, in terms of the capabilities with precision strike and the forces we have in the theater, we can do that. but it's going to take a comprehensive strategy that
1:36 am
includes military of course but also economic diplomatic and information campaign on our part to approach how we're going to defeat isis and defeat them for the long haul. tom: what's the rule? never underestimate the enemy. they've done a very good job recruiting and messaging. general thank you very much. >> thank you. tom: apple says new watch is selling out. but is apple the one that's selling us out? what the tech? another lesson from the old guys the bitter boomers are back and madder than ever!
1:39 am
1:40 am
supply on purpose because the more people can't get their hands on it, the more they'll want it. tech watchers jes kimble and ryan tate are here as well. and bruce explain. >> it's very easy, neil, no matter what time zone you live in, we're about to live about a new one. ast, apple standard time. scarcity works apple scripts these like nobody else. you want what you can't have and they know how to make you want it. tom: all right let's get to you jes i saw story, the demand is so big, and other reports were saying sparse crowds. i'm starting to wonder this is a different rollout, you can't pick it up and take it home today. >> it's very different. it sold out within a matter of hours. all of the models except for one. this is apple is masterful at creating demand, better at creating demand than tech almost. tom: what do you make of the
1:41 am
product? >> i don't know, no one knows i ordered it this morning i'll know in july. we don't know. tom: ryan, is this what it is? it's hype? >> well, i think first, the slow lines today was because you can't go in the stores and get it. that's not something that usually happens with an apple rollout. people wait in line because they go in get it right away and you have to remember, this is a highly customized product. that's going to make supply chain management difficult just at the very basis because you don't know exactly what you're going to have to sell yet. tom: bruce, look, this product, the apple iphone the first version of the iphone was antiquated compared to today with the iphone 6. i know that's going to happen with this watch as well. is it ready for primetime? >> well yes, of course it's ready for primetime, tom. this product is ready for today. they don't need a more advanced
1:42 am
one. do they know something else is going to come out? of course you don't buy apple products, you subscribe to them. people want this one, they're going to get it. they upgrade later great! more sales later for apple. tom: what does this say about the economy, jess. rich people have money? >> rich people have money they're going to look at the 10,000 to $17,000 models and realize that's a big mistake. it's taken them out of democracy creative tools for the revered place in culture and all of a sudden doing the luxury thing that looks ugly on them. it doesn't suit the rest of their models. tom: i gave up using a watch a long time ago, ryan. >> that's the trends over the last decade and something apple fought hard is to get us away from watches. tom: they got me. >> they're going to have to do a lot of work to get everybody back on it. if the watch works, if it's
1:43 am
convenient and the battery life lasts a long time. they may have something. most people will wait on the sidelines. a lot of tech enthusiasts will go out and get it right away. the apple fanatics will get it right away. people will wait and see what happens. in the second edition the second version they have a better chance at truly moving the market. tom: bruce and jess and ryan, we'll wait and see how this ends out. thank you very much. rev up your walkers and velcro your walking shoes. the bitter boomers they're back! and they're loaded.
1:47 am
♪. tom: keep your hands away dentures are in and boomers are biting mad. we give these baby boomers time to blast back. neil is off today. it's time to look back with a bitter best of. >> hey you kids turn off your ipads turn down the loud music and listen up. what you think only millennials complain? that's depends, i'm not talking about the adult diaper. ungrateful kids, spoiled monsters, we'd have given them a wedgie and kicked them in the rumph. it's time for bitter boomers. >> i got two millennials working their butts off. one is working directly for the country. i don't see it, i consider myself as a boomer to be lazier than millennial kids. >> you shouldn't be a bitter boomer. >> i'm not a bitter boomer i'm
1:48 am
a better boomer! >> you're a better boomer! >> we need to reopen a piece of guantanamo bay and put all the debtors into that prison just for a year. >> i warned you, charles. >> just for a year go down to guantanamo bay. no waterboarding. >> today if you ask a millennial how do you get out of the draft? they'll tell to you shut the window! >> and get off my lawn! >> yeah. this is the privileged sect. >> the one who want the free college and loans forgiven they're the ones you are angry at? >> the selfie stick. there is an oversupply of them. how do you get rid of them? >> how do you get rid of them? >> lack of appreciation for the work ethic and a lack of skills and inability to work independently and the ability to take criticism without getting offended. >> when you were a kid, you needed to buy a playboy
1:49 am
magazine, you had to ask somebody to go to the drugstore. these kids don't buy it they stole them from the barber shop. >> where are you going with that? where are you going with that? you're saying they have free access to porn. i like it when a bunch of guys get together and we complain about everything. all of you, get off my lawn! >> we got hammered by the nuns. i had sister mary left hook all through school they cared. today the teachers don't care but they are very nice. >> they wanted to you learn. >> some of the millennials are amazing that fought in the gulf war certainly in the military i meet a lot of them. really good kids, so many are pampered, loser morones. >> the point is it's instant gratification. >> our generation had that. >> but wait a second, wait a second, boomers do it just as
1:50 am
much! with the self-gratification now. >> i see dating sites. >> we want our metamucil. >> they hate it when i throw coffee at them. >> they are hard workers but expectations are so odd, they want to be youtube reality stars where we need more doctors and engineers, you are what you download. >> they need to shape up stop instagraming the doughnuts they had for breakfast. >> that is me charlie you never got back to me. >> what do the kids do once they get out of college? >> smoke pot. >> no, yes! they do that and come back and live with you. smoke pot in your house use the devices et cetera. >> two years of military service would do a world of good for the generation. >> i don't mean to sound so cranky as a cranky boomette. they are financially illiterate they are using credit cards as checking accounts.
1:51 am
>> as if you never did. >> i didn't have plastic whatsoever. >> today is dress down friday. >> you wouldn't see it here. early in the morning, you see people come in. i got to ask do you work in a newsroom or lumberyard. >> they keep voting for this guy. they put him in office. >> that is true. >> most millennials are morones. >> if you had any recommendation for all the young kids today. >> gitmo. forget the left wing dogma in college believe in the free markets they work. >> all right kids that's all i'm going to tell you. tom: wow. they really are a bunch of bitter old boomers. tune in every friday to catch the bitter boomers on "cavuto." see what they're angry about next.. meanwhile rand paul is taking a stand, but his attack against attack ads like this could come back to bite him.. >> rand paul supports obama's negotiations with iran and
1:52 am
1:54 am
mode. and an early morning mode. and a partly sunny mode. and an outside... to clear inside mode. transitions® signature® adaptive lenses ...are more responsive than ever. so why settle for a lens with just one mode? experience life well lit®. upgrade your lenses to transitions® signature®. get up to ninety dollars back when you combine crizal, varilux and transitions... and buy a second pair with xperio uv polarized sun lenses. visit transitions.com to learn more. hey, girl. is it crazy that your soccer trophy is talking to you right now? it kinda is. it's as crazy as you not rolling over your old 401k. cue the horns... just harness the confidence it took you to win me and call td ameritrade's rollover consultants. they'll help with the hassle by guiding you through the whole process step by step. and they'll even call your old provider. it's easy. even she could do it. whatever, janet. for all the confidence you need
1:55 am
td ameritrade. you got this. >> you know it's ridiculous to think that they are a threat to our national security. >> even one iranian bomb would be a disaster. tom: republicans targeting rand paul stance on iran now the senator's campaign, they are sending cease and desist letters, demanding that they stop showing that advertisement. the heather hanson says that this does not break any rules. i'm surprised he's doing this, i did not notice. >> it is surprising to me as well. think that maybe it is his lawyers that are making this advice. but any lawyer should be looking around to see what courts have
1:56 am
said. last may the iowa supreme court had a very similar situation and they found and said that it's really that voters can vote accordingly. to make others look at campaign ads, do you know how often we would be in court if every time a campaign ad -- it's just out of this world. tom: when you run for office people are going to say bad things about you. a lot of people don't have thick enough skin. i wonder if -- he darty accused of having thick skin. >> it's interesting, bill clinton was quoted in the news this week. he was doing some creative writing. you make a quip about it and then you let it roll by. that this has made me go back to the whether or not this advertisement is true much of what they said in the ad was true so now you are more likely to believe it. tom: so can i lie about this?
1:57 am
>> you know it has to be a serious lie to get past the point where a court would actually look at it. when you're talking about a public figure and talking about campaign season especially, it has to be actual malice. tom: harry reid said he lost didn't he? so i guess it was okay. >> you have to have reckless disregard. chances are the courts are going to throw it out. they don't want to be inundated every time there's dredging of the truth in a campaign advertisement and they want to rely on the voters to make those determinations. tom: heather hanson thank you so much. in the meantime, how rand paul can defend himself without appearing thin skin. it's good to see you. where do you start with this? it seems like a campaign people should be telling him how to respond as opposed to using
1:58 am
lawyers. >> yes, i think he has to learn how to kill them with kindness and instead of having, you know tons of are bewkes, he needs to have a softer touch of right now instead of having a softer touch with witty rebuke he's having constant rebuke. to be able to win and iowa and new hampshire he needs to start learning how to come off as kinder and not quite as cold. in person he has also had people have been saying this step about him. if he wants to be president of the united states he has to step up his game. and i hope the people around him start pushing in that direction. tom: a lot of people have marty said that he wasn't nice to women that interviewed him. so the attack dogs are going to be there. he is already leading. there is savanna guthrie he was criticized for the way that he
1:59 am
spoke to her. so do people look at us and this and say, i don't care if he is mean to interviewers? >> what i have seen so far is the people that support him especially on the abortion question, changing the topic from how extreme he is to how extreme the democrats are that's a great move on media tactics and a good rebuke. so especially i think his interview on nbc, the same kind of thing where pushes the line. his supporters might think it's good for the media in their place, but at the same time it could work or your primary audience, but part of his appeal is that he does well with young people and does well with nontraditional voters. if you're going to have that appeal, you need to have that broad audience and not come off kind of cold. tom: i always appreciate talking to you and your expertise. at some point it comes down to a
2:00 am
popularity contest as well and you have to smile and you have to kiss the babies and you have to be nice when you don't feel like it. thank you very much.. right now we give you to laurie roth >> good evening i am sitting in for lou dobbs. president obama in fades the enemy is the white house says he will have discussions tomorrow with that castro counterpart at the summit of the americas and panama also will live further america's interest? we take it up. now just two days away from hillary clinton announcing her candidacy for but the former secretary of state will kickoff the campaign with a social media announcement on sunday but there are signs that democrats
80 Views
IN COLLECTIONS
FOX Business Television Archive Television Archive News Search ServiceUploaded by TV Archive on