tv Cashin In FOX Business May 31, 2015 9:30am-10:01am EDT
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international etf. >> you like them? >> i do like this. they have great stock pickers. >> that's it for "forbes on fox." keep it right here it the number one business block continues with eric bolling and "cashin' in." big labor accused of big hypocrisy. the same union leaders demanding a $15 minimum wage law now want an exemption for companies with union members. so do as unions say, not as unions do. i'm eric bolling. welcome to "cashin' in." juan williams jessica, welcome, everybody. michelle it's incredible, unions got their $15 minimum wage law in l.a. now they want an exemption for union workers. you're from l.a. any surprises? >> i'm not surprised at all. this is shameless. this is exactly how the unions work. this is why unions are basically
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dying. what's happening is they understand just like the rest of us when you raise the minimum wage it leads to more unemployment. this isn't rocket science, it's common sense. they don't care about the worker they care about making money. they care about getting money from their members. they want as many mens as possible and they want to make unions basically the cheapest labor. and have more money for themselves. that's what this is all about. >> wayne, you there as well no surprises, l.a.'s very liberal, but within days of getting their law through, by the way, if you're a business and you hire union workers, we want you exempt. >> it's incredible but i think michelle is right. this is all by the union leaders. the union leaders want this because it enhances their power. they're trying to get more members. they're not trying to better the workers plight. they think it will raise the rate from $10 to $15 an hour and then will regulate it that way
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because they'll say we'll have an exemption for union members. it's hypocrisy at its worse. >> i remember a couple years ago, the same thing happened with obamacare. they said unions pushed for it. then there was about 200 unions that wanted wavers for obamacare. >> recycle what michelle said there is evidence as well that minimum wage is not going to hurt the economy, it's not going to hurt jobs. i feel like the union should have stuck with that argument or made it clearer sooner. >> they don't believe the argument that's why they're doing this. >> the unions talk about they want a fair market. well a fair market is a free market. employers and employees come to mutually beneficial trade on a job. i think to the panel's point, this whole, oh for the working
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man, my tucci. i mean the union's goal here is to hurt nonunion businesses. they can't compete in that free market so they use government guns which is exactly what all these exemptions are, to shut down nonunion businesses. this is chromyism by any other name. >> i feel bad for you and jessica today to have to defend it because it's so it's so blatant, it's hypocrisy. everything we've always said about unions on the right is coming true, front and center. >> i think eric bowling is running this union, they're screwing up so bad. >> what? whoa! >> they are feeding the right wing anger at unions and giving ammunition -- it's unbelievably hypocritical and stupid. i will say somehow they think people won't notice this. it undermines the importance of unions and the importance of
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raising the minimum wage. because i think there's no question that it's not going to damage any of the economy and it's a free market i want to remind jonathan -- >> hang on guys. >> -- of young people exploitation of -- >> all right, hold that thought. michelle this is so good why do unions want to get an exemption for themselves? >> because they understand our argument. they don't want to admit it but they know if they raise the minimum wage there's going to be unemployment their workers will be out on the streets. it has nothing to do with -- >> not true. >> it is true. that's why they're doing this. >> that's not true. >> don't talk about -- this whole talk about exploiting young people. given the violence with young people i think a lot of young people could probably -- deserve being exploited by a job. it would probably benefit them. but it doesn't even matter the notion of does it create jobs. it violates rights. an employer has the right to
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offer any job they want. the employee the exploited individual has the right to take it. it's up to them. >> let me get wayne in here. wayne -- >> -- big history lesson here about how america has -- and the american middle class has grown as a result -- >> are you going to -- >> let's not do the history of unions in america dating back to the '30s. let me bring it to wayne. it has to pass the city council. how in the world did the city council let this pass especially noting that there was this exemption written into it? we know it was written into it before it actually passed. it wreaks of possible payiola maybe? >> you can count on it. nobody wants this except the union leaders. not the rank and file. it's the leaders who want this. it's power that they want. that's all this is about. it's about a power grab.
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and they know this is false. how can you go out and say, gee, i'm for $15 an hour then turn right around and say, oh i want my people to be exemption from that. >> just saying the reason the unions advocate for the higher minimum wage is even though a lot of union members don't make it their salaries are benchmarked to it. >> huge hugely important point there, jonathan. a lot of jobs -- all jobs are benchmarked to the minimum wage union jobs. minimum wage times two. good point. if you think they were hired to protest were paid the minimum wage -- >> i'm not sure about that but going back to what he was saying -- >> nice, nice -- >> on my team here. i wore the right blue. okay so i what i want to say is i think we jumped to far to the 15. i think senate democrats wanted to go to $12 by 2020. over 600 economists signed a
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letter including 7 noble laureates saying we want go to $10.10 safely for the economy. think we jumped the gun and it created this uproar. if we did it more slowly we could have had a better outcome. >> you want to comment on what the 4 out of 5 dentists what was it 15 noble laureates -- >> hey. >> she got the facts. i can't say that about the rest of you. >> all right good enough. we're going to leave it right there. i love this group. all right, our social media footprint continues to blow the competition away it the view crew is an amazing group and creative too. check out the graphics made by one of our most loyal viewers. and i love that one, the baseball themed promo. thanks again. i owe you one or two martinis next time you're in town. remember everyone use #wakeupamerica on all your tweets. isis is going from warfare to welfare. now offering its soldiers money
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isis now offering a $1,500 bonus for members who get married. it's all part of a terror incentive plan which is basically welfare that includes cash for a honeymoon, a starter home and even monthly child support. jessica, your thought. i mean this is crazy. they're offering money to go over and get married and -- >> it's smart though right? i mean this is something that's working. there are reports out that jihadis are coming from half of the nations in the world, they're flocking there. we need to make sure we can cut off their money supply. they're make inging most of their money off oil. so target the pipelines. make sure they can't be part of the international economy. we should be doing more on this front certainly if we're not going to be sending troops in. >> that would be a good strategy and the key word is strategy but i'm not sure we have isis strategy. >> we don't have a strategy. like i said last week we've been spending over $2 billion trying to fight them. that hasn't been working. in terms of this bridal starter
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kit or whatever they're giving out, my hope is these brides are soon to be widows. we need to be like she said we need to be targeting these oil refineries and we need a strategy. they said this was just some jv team. this is not a jv team if they have a welfare system set up and they're taking over syria and iraq. >> too much money. they have too much money on their hands. what do we do about that? >> $1,500 for a wedding. they're insisting a rabbi officiate the wedding which i thought was amazing. seriously though i mean you look at these stories, these jihadis are animals. they're worse. a dog doesn't buy and sell animals. our goal here should not be to reform isis or fix the middle east or bring democracy to the middle east. it should be to make this threat this threat to america, nonthreatening. that can only be done with military force. >> what's the answer juan? how do we cut off their money? jessica makes a very good point. concentrate on the oil. by the way, you can blow up an
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oil field or an oil installation and then bring it back to life after isis is gone. >> yeah and isis has found that they are able to bring things back online. look think the appeal of extremism is the let itthreat here. make it plain these people are murderers. it's not a game. i think young people are somehow locked into this idea it's exciting it's thrilling, it's travel i'm fighting for a larmer cause. this is a deadly sinful evil cause. and i think we need to make that very clear. >> how do you make that clear? it's not by -- >> how do you make that point? >> i think so much of this is about bonding. they say the internet is key to recruiting. even more so when they get together. they're having fun and they're getting married and promised virginses if they die and martyrdom -- >> so cutting off their money makes no difference? >> see it for what it is.
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>> valid points juan makes. how do you get people to realize this is for real this is life and death, this isn't some nice isis video that looks enticeing? >> well first of all, we have no strategy to combat this at all. talk about isis winning these new, you know, winning new battles every time. meantime we are backing baghdad. we're sending to the peshmerga kurds all of the arms and -- i have to flow through baghdad. why don't we go through and supply them directly? they're much better fighters. they can get rid isis quickly. we are here supporting people who are going to ultimately be against us. we don't know -- in other words, there's a choice here. the fundamental choice is sunni or shiite. and you know that. for 2,000 years.
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>> the choice is protect america or not protect america. you say we should give them a taste between life and death. how about a little death? i mean if more rock ka is their capital, why not -- >> you've got to when you pick -- when you cozy up to the middle east you have a strategy. you have to pick somebody. you have to pick somebody that you're going to back and do it in a fundamental way. >> we pick america. >> oh okay let's everybody in america run over to the middle east. what, are you nuts are you out of your mind? >> john? are you? >> no i'm not out of my mind and i certainly -- my point is we need to make them fearful of becoming a jihadi. military force is the only means by which to accomplish that task. >> no that's where you went wrong. >> all right, every time you guys come back to military force, military force. let me tell you, the american people do not want to send more troops over.
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>> all right, all right. >> rather than continuing the conversation we've had before michelle i'll give you the last word on this. the whole idea of what 1,500 bucks to go marry a jihadi? >> way not enough. we need to reassess our strategy there and figure out what is our strategy. are we not going to do everything? we need to reassess. >> answer eric's question. >> let me finish. >> what's the right number? >> stop it. >> i know where you're going with this juan and i'm not going to let you do it. we're going to leave it right there. critics calling it an epa power grab. expanding its power to regulate ponds and ditches.
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well if you see a stranger lurking around your home don't worry it's probably the epa checking out a puddle on your property. yep, the obama administration finalizing new regulations this week allowing the epa to monitor streams and rivers and wetlands and dare i say it puddles and ditches. what do you say about ditching this epa power grab? >> look at the name of this the waters of the united states rule. it's purposely vague to your
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point and essentially gives government control over all water as if government owns all the water in the united states. it's going to do whatever it wants lakes and ponds and literally, you know, empty riverbeds or streams on your own property. and the ultimate effectiveness is that costs will go up for everyone when it comes to using the earth and that's what this is all about, preventing industry and mankind from exploiting the earth for its benefit. >> it's clearly an overreach. >> it's not clearly an overreach. it's protecting our drinking water and it's a clarification -- >> puddles? are we drinking puddles >> i hope not, people in california have to drink toilet water so we want to make sure it doesn't expand to the rest of the country. >> if we don't pass this stimulus the economy will collapse as well. >> let me go to michelle. clearly an overreach. the epa is, like watching the rain fall on sixth avenue over there if a puddle forms they'll start regulating i'm kidding but the reality is farmers -- this affects farming quite a bit.
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>> well, i love this story because it perfectly captures what this administration's about. we've got innocent people dying in iraq and syria and what's their concern? what's their priority? oh the puddles in people's backyards. but this has nothing to do with clean water. this is about control. that's what it's about. >> quick thoughts from wayne and wyan. how is that? wayne first. >> this is right. it's an administrative grab by an administrateive agency of the government. government now is done by administration from these agencies and they have their own power. they lobby congress. they do things like that. the thing about the clean water act is all about just giving that agency more power. it has nothing to do with the clean water at all. it has to do with that agency grabbing more power so that they can regulate. >> let me guess, juan if you're against this you're against clean water and air, right? >> i'm glad you said it. that's it. i think all you guys are, like, right wing conspiracy this is a
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vast right wing conspiraciry. if you like clean water if you know a ditch on a farmer's property is going to be become a repository for all sorts of pollutants you want to -- >> better get a permit for the puddle on the farm. >> property rights already protected. >> tell me why they should be spending my tax money to lobby congress. why should an agency of the united states government who we fund be taking in their budget some of their money to lobby congress tell me that. >> i got to go. >> tell him in the break. coming up the costly war in syria is pitting
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i want to say thanks to our crew for joining us. head over to foxnews.com/cashinin. 18 months ago the civil war in syria was devolving and bashar al assad stepped up his fight against rebel groups to stay in power and president obama threatened to attack syria with military force if he didn't back down to the syrian people. john mccain visited the rebel groups in an effort to show support for their cause. i warned this strategy of getting in bed with the rebels whom we knew nothing about. many war hogs flipped out suggesting i was too soft on terror. my point was we don't know who the rebel groups are today and we certainly don't know who they will evolve into the future.
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my feeling on the war if we mess with america -- anyone messes with america -- unleash hell on their sorry asses and put them down but this conflict has no american interests at risk so why risk american lives. mccain staff contacted me suggesting i was being foolish. my contention was and still is that the rogue rebel groups are mercenaries and could end up being an enemy of america. well check out what judicial watch uncovered just this week. this defense intelligence report which predicted the rise of the terror group isis and likely establishment of a caliphate, let me repeat we knew isis was on the rise and yet we supported rebel groups that likely ended up being enemies of america. i've said it before i'll say it again. let's stay out of wars we have no american interests in. muslims fighting muslims over middle land and ideology is not our fight. it's been going on for over 1,000 years and will never end. let's stop wasting american lives and treasure over religious conflicts in a far
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away land. i'm sickened by every single young man or woman who dies for the religious zealots. you should be ashamed of >> announcer: the following program is a paid advertisement for the food lovers fat loss system, brought to you by provida life sciences-- practical solutions for better living. >> i'm annette, i'm from studio city, california. i'm a mother of three, i weight 155-1/2 pounds. this is the heaviest i've ever been. i'm a size 10. ...and this is me now! i lost 25 pounds and went from that size 10 to this size 2 in just 12 weeks. how did i do it? i became a food lover. >> i'm a food lover and i lost 36 pounds. >> i'm a food lover and i've lost 50 pounds. >> i'm a food lover and i lost 60 pounds. >> i'm a food lover and i lost 82 pounds in eight months.
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