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tv   After the Bell  FOX Business  June 2, 2015 4:00pm-5:01pm EDT

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the russell 2000. it is not all bad. largest recall in u.s. history is about to get a whole lot more complicated. of the takata's airbag mix impacting millions of car owners. congress wants answers as we learn even replacement parks are defective. melissa: look where the major averages ending the day. [closing bell ringing] you can hear the closing bell sounding on wall street right now. the dow is down 29 points as we come into the close. the s&p is lower on the day. crude oil, a big mover, up 2%. david: oil stocks moving up with oil. our top story, the the biggest recall in u.s. retail history. takata executives are being grilled on capitol hill. our peter barnes is listening to the testimony. peter, what stands out? >> david, this is status hearing
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on the airbag recall to make sure regulators are on top of all this. and that the problems with airbags are being fixed by the company. one member of this house committee used a startling visual aid to make the point about a defect tiff airbag that hurt one of her constituents. >> this is an example, these are examples of these sharp pieces that landed in her chest in two places. they're not the exact ones but shrapnel like this. and, it is very, very dangerous. we need to stop it. >> takata executive kevin kennedy is testifying right now, that the company is doing everything it can to stop it. that the recall is on track and fixes are happening. in particular he says that the number of defective airbags is very small based on an extensive test by the company. nine out of 12,500, mainly older
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driver's side airbags. nine out of over 12,000. takata will continue to replace all the airbags in some 34 million recalled vehicles. and along with regulators the company continues to work figuring out what caused these defects. there has been no answer to that yet and on designing them. david? david: petitioner we're hearing replacement parts are now defective? >> the company says replacement parts, replacement inflators are safe. it is standing by that. and kennedy is saying that today but the head of nhtsa, the national highway traffic safety administration, mark rossman, ross kin, told committee members there might be interim remedies that dealers offer to owners. we're not sure what that means. we're trying to get clarification whether or not they will have to replace the
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replacements. david: let us know as soon as you find out. peter barnes, thank you very much. melissa? melissa: u.s. automakers speeding ahead for the month of may. new car sales the best in almost 10 years. our own jeff flock is on the story. he joins us from a subaru assembly plant in indiana. jeff? >> exclusively live inside of the plant today. we've been on the production line all day long as numbers come in. take a look. the takata auto airbag recall not having an impact on sales. look at numbers. fiat chrysler up 4%. gm up 3%. ford is expected to be down 3%. they're only one 1%. nobody has done better than folks at subaru. numbers are up 12% for the month. the two models made here, the legacy and the outback, both having a great month. legacy is up 63%. the outback is up 12%. that is legacy coming off the
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production line. there is an outback behind it. they're cranking as fast as they can go. melissa: jeff, i was asking about before the takata airbag recall and number of new model sales. are the airbags in these new cars? >> yes, there are. it is hard to know. we talked to fiat chrysler today. they said they have takata airbags in two or three vehicles right now but wouldn't identify which ones. ford also says they have takata airbags in some of their vehicles. both automakers stress they're safe. they have been checked out. they're good to go. that is what they say, but they are takata airbags. melissa: wow, interesting. jeff, thank you very much. david: the bags lift looked like they were slipping off the dummy's face there. hastily called news conference, fifa's president sepp blatter announced plans to resign, coming days after he was reelected for a fifth term.
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he laid out his plans for a successor to be chosen. take a listen. >> translator: i will call on congress to put at disposal my function. it is going to be held as soon as possible and a new president will be elected to follow me. david: he could be president for a while because the process is, seems to extend into 2016. blatter held this position since 1998. fifa's sponsors starting to come out to praise the move. coca-cola and adidas both coming out saying they are pleased with the move. melissa. melissa: the irs commissioner in the hot seat today testifying before congress. lawmakers want to know how thieves stole personal information of 100,000 taxpayers right from an app that sits on the agency's website? gerri willis is in the newsroom with the latest. gerri, how did it happen? >> melissa, that's right. john koskinen facing tough
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questions. he said they don't have the money to fight cyber fraud and fight russian hackers, folks stealing basic information from american taxpayers. 104,000 of them in the latest attack. hear what senator johnny isakson had to say about the extent of information that was stolen. >> when i file my tax return on april 15th, they know how much money i make, how much money my wife makes, which church i go to and give money to, where i buy stocks, where i buy bonds and where i deposit my money and how much i owe on my house. i want to put things in perspective, this is important hearing. but that information is lot more private, lot more personally identifying and a lot more dangerous than what the nsa ever does and they're looking out for our physical safety. >> the information breathtaking available on consumers. one thing people didn't think about, you put your child's i.d. on that tax form. their name and social security
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number. opening you up to possible child identity fraud. melissa. melissa: that is amazing. how long will it take for victims to clear their names and credit records following this breach, gerri? >> months and months and months. credit monitoring which is what the irs is offering to people with a problem usually lasts only a year. experts say it could take years as the new kinds of identity theft happen, taking out information or taking out social security numbers. taking out medicare, medicaid from the government. putting their arms right into the treasury. this could go on for years and years. melissa? melissa: gerri, thank you so much. >> so welcome. david: it is fodder for republicans. gop has number of candidates that punched their tickets for the upcoming republican primary election. neil cavuto is in orlando for the economic summit with candidates racing for the
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white house. more from orlando, neil? >> if i had to sum up what this whole orlando summit came down to, it was about job, how you get more jobs, generating jobs, good-paying jobs. when all is said and done, from almost every man who spoke today the argument was you get good-paying jobs, people willing to go out on a limb to buy a home, buy cars, you ignite the economy and gdp from the growth we've seen roughly one to 2%, easily doubling to 4 to 5% for annual growth under the likes of ronald reagan. ronald reagan was quoted quite often. and that time was quite the theme here because it involved on part of all of these candidates not only simplifying government but simplifying and taking an axe to spending. as well as taxes. to a man, see if you can get that theme. take a look. >> i think this job participation rate, one of its
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lowest levels since 1978. i kind of feel like it is '79 again if you want to know the truth of the matter. >> president obama is mortgaging our future. he is turning the american dream into european nightmare. make it simple. you don't to be a rhodes scholar or ivy league education or constitutional scholar our president claims to be, you don't need to understand that the worst the economy gets the worst the private sector does. >> despite the lack of leadership in this president and gdp numbers suggest it is a long ways off. we have stagnant growth up to 4 1/2% if we did dramatic, pro-growth policy. david: jobs, growth and taxes. sounds like the campaign. melissa: it is all about the economy. we heard this theme before. people at home not feeling good about the pocketbook and savings account. david: most people think we're still in recession. melissa: amazing. you heard them talking about it with neil. good stuff. thanks, neil.
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this will give you second thoughts before you board that next flight. tsa's secret agents were able to smuggle weapons through security, 67 out of 70 times they tried to do it. but the man responsible, not losing his job. how is that possible? david: that is a 95% failure rate. wouldn't happen in the private sector. melissa: amazing. david: which football has more juice? fifa's president planning to resign but nfl's roger goodell says he is not going anywhere. details coming up next. melissa: part two of the report, cash for slackers. today government union workers are fighting to work on union business on the taxpayer dime. they want to do it from their homes. more on that coming up. ♪
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brady's appeal. he was suspended for the first four games in the upcoming season. goodell is expected to hear brady's appeal at the end of the month. melissa: a scathing report about nation's security at our airports. under cover agents were able to bring in guns and bombs through checkpoints. doug mckelway is following this for us at reagan international airport. details on this one are astounding. fill us in. >> sure are, melissa. a little more a day after the security breaches were leaked to the press yesterday there is swift condemnation from capitol hill. chairman of the ranking member of senate, commerce, science, transportation committee issuing a statement today which read in part, terrorist groups like isis take notice when tsa fails to intercept 67 out of 70 attempts by undercover investigators to penetrate airport checkpoints with simulated weapons and explosives.
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the two are demanding a briefing from secretary of homeland security jeh johnson on this issue. secretary johnson for his part is depending or defending i should say the rohrs in a statement last night. he said, quote, the numbers in these reports never look good out of context. but back in 2013, then tsa administrator john pistole had a similar response after a bomb made it through security checkpoints at newark, new jersey international airport. here is what he said at the time. >> whole purpose of red team, i would describe those as super terrorists. they can create and devise and conceal items only the best terrorists in the world would, not eastern best terrorists would not be able to do. >> white house press secretary josh earnest today said the president has high expectations that the tsa will do the right thing. >> and, that's why, the prompt action that was taken by secretary johnson just last night, is consistent with that
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philosophy. >> last night johnson reassigned the acting tsa administrator, melvin carraway to a new job. he announced a six-point plan to retrain screeners to check equipment. he also appointed level of senior managers to oversee changes taking place. as proof that politics is never far behind from all of this, johnson urged the senate to quickly confirm the new tsa administrate tore nominee. the senate pushing back on that saying former tsa administrator left his job, announced his resignation last october yet took seven months before the administration announced a new nominee. melissa, back to you. melissa: doug, thank you so much. david i don't know what context to put the story in to make that acceptable. out of context? david: 95% we'll have more coming up with our panel. $11, that is how much the minimum wage in california will be next year.
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the state senate passing the bill. it will raise the minimum wage to $13 two years from now. the current minimum hourly pay in the state is nine dollars. global leaders looking for a way to stop isis but the iraqi prime minister is putting the blame on us, united states. plus men allowed at women's-only event? that is what happened. hillary clinton's latest struggle to raise money. this allergy season, will you be a sound sleeper, or a mouth breather. well, put on a breathe right strip and instantly open your nose up to 38% more than allergy medicines alone. so you can breathe and sleep. shut your mouth and sleep right. breathe right. you drop 40 grand on a new set of wheels, then... wham! a minivan t-bones you. guess what: your insurance company will only
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melissa: is opec willing to stick it out? oil ministers gathering in vienna deciding whether or not to cut back production in an effort to boost slumping energy prices. the last time the cartel met they kept things status quo. oil prices collapsed to the lowest level in six years.
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matt smith is the director of commodity research at clipper data. he joins us now. so i saw pictures of saudi minister ali al-naimi. big smile on his face. he is not sweating it out. demand is picking up, good. supply is low. you can see i'm not stressed. i am happy. do you believe him? >> like bobby mcferrin, don't worry, be happy. saudis believe their plan is working here. we're at a low back in january of 44. now we're up to 65, up over 40%. so this theory if they flood the market it, may start to increase demand, and pull back production, supply, that side of things it does perhaps working now but the reality is, that the u.s. is still at 9.5 million barrels a day pumping here. we'll continue to, we'll level off if anything. if prices continue to rally it will stimulate more production
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here in the u.s. melissa: is part of it the saudis want to drive others out market with lower prices? they want to hang on to their market share and other people will take production off-line because they can't afford it to keep going. is that what they're doing? >> that is the theory. they're not just targeting u.s. but high cost production across the globe. even some of their cartel members. the reality, pumping 10.3 million barrels a day. that is absorbed by high demand. ultimately seeing higher demand because of lower prices. but the u.s. is stealing some of that share because they are continuing their production. iraq as well. iran is coming on line too. the reality their plan is not necessarily working. >> interesting. matt smith, thank you so much. >> thank you. melissa: over to you, david. david: we have breaking news, melissa. a live look on capitol hill where the senate approved a bill to rein in the national security agency's surveillance power. the bill would end the nsa's bulk collection of phone data.
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unless of americans not suspected of any terrorist activities. they would not have them anymore. the phone companies would have data. the nsa could then obtain targeted information about individuals with permission from a federal court but again they would have to get court permission and go to the private phone companies for that information. now the nsa legislation would go on to the president for signature. also in the middle east as we were just talking about oil, isis keeps advancing all over the middle east. those fighting isis in iraq, feel abandoned, even though the united states, for its part, claims it is doing everything short of sending in troops to help. >> i didn't see the precise comments from prime minister abadi but there is no doubt about the substantial assistance already provided by the united states and our coalition partners. that assistance have been involved coordinating airstrikes at the joint operations centers at baghdad and erbil.
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the assistance is taking training of iraqi security forces. training and providing military equipment. david: is the united states doing enough? former u.s. ambassador to the united nations josh bolton and fox news contributor. josh ernest didn't hear comments from the iraqi leader. he will read them to you right now. i think this is failure on the part of the world, talking about the spreading of isis and the failure to stop that spread. there is a lot of talk about support for iraq. there is very little on the ground. are we helping or not? >> well, i don't think the united states or its allies are doing enough to stop isis but i do think, and maybe the prime minister didn't really intend this, i do think the united states withdrawal of all of its forces in 2011 and its toleration of the maliki, in fact its encouraging of the maliki government if 2010 is a a
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major factor in the collapse of trust with the kurds and sunni arabs and in the sunni territory led to the success of isis we've seen. i think iraq has ceased to exist as a state. i wouldn't do anything myself to help the baghdad government which i think functionally a satellite of the ayatollahs in iran but the prime minister is right in one thing. isis continues to expand. it has momentum. it is consolidating its control over what used to be iraq and what used to be syria. it's a very grave threat. david: look, i know the iraqis could do more even though some of them are risking their lives and dying against isis who does the united states stand for? we stood for the muslim brotherhood in egypt. we came this week to the defense of the socialist in greece. we were coming to the defense of the iranians fighting in iraq. you wonder about our whole alliance system, whether that is falling apart? >> i think the president's view of america is pretty much like looking through the wrong end of the telescope.
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i think he thinks we're part of the problem. he believes the existing power structure in the world as a whole such as it is unfair and unjust. the. that is why he supports the palestinian cause and deep disdain for state of israel. he believes he can cut a deal with the ayatollahs in tehran on the nuclear program. he is not doing anything effective to stop the radical islamists and terrorists around the world. i think it's a real problem for the united states that will grow worse in the remaining 19 months of his administration. david: by the way you forget to mention the president said he was most jewish person elected president. >> how could i forget that? david: ambassador john bolton. good to see you. thank you very much for coming in. >> thank you, david. david: melissa. melissa: red white and respected? president obama touting his legacy but sounds very familiar. david: the not so affordable care act. better watch your wallet because
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premium hikes are on the way.
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melissa: giving credit where credit is due. president obama boasting about his achievements once defend. again. >> people don't remember when i came into office, the united states in world opinion ranked below china, and just barely above russia. and today, once again the united states is the most respected country on earth.
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melissa: really? all right, many may argue that is far from the truth. let's have our panel weigh in on this one. ambassador john bolton joins us again. steve moore from the heritage foundation. tony sayegh here from jamestown associates. they are all fox news contributors. steve moore, kid that have you scratching your head? >> well, look, melissa, i do think there is no question about it the economy has improved a lot since president obama came into office. we're the least rotten apple in the cart. you look at all the other countries they're in much worse shape. we had a negative quarter of growth. still 10 million people are unemployed. half of americans still think we're in recession. hard to say this is some kind of sterling economic achievement. melissa: i'm not sure he is even talking about economics. a lot is going on, talking about partners around the world we have re-established ourselves as a world power. tony, i don't think that could be further from the truth, especially when you look at, for example, the king of bahrain, skipping this most recent meeting he set up to go to a
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horse show. this is the country that hosts our fifth fleet. tony. >> saudis going to moscow for help and not washington, d.c. if you look at the entire middle east, all of our friends don't think we're on our side and all of our friends think we have serious vulnerabilities because this president has not been able to negotiate and leverage american power where other presidents have. look at the end of george w. bush administration, albeit much more engagement in iraq and afghanistan we had much better security and global security. we understood our role in the world. we were not afraid of using our power. but now we are and. the president is making this dubious claims as part after legacy project. he wants to remember the guy creating a kumbayah moment for the united states. mean while he has not solved any of our world problems. melissa: ambassador bolton, the point in all seriousness he is trying to make, we're working in our partners, with mutual
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respect and he says, butting into problems that weren't ours, creating more problems. he pulled back and reset and that made us more respected around the world. i think that is his argument. do you agree with that? >> that is exactly his view of america. that we are more of the problem in the world than we are the solution. that it is our power, our strength, our assertiveness that really causes a lot of instability. if you ask world leaders on the record, not quietly but if their respect for the united states has gone down under barack obama. you would be hard-pressed to name leader of a significant country who says today or or she has more respect for the united states than they i had did six years ago. melissa: steve moore what about iran? >> ronald reagan said it bet. when you're strong at home you're strong abroad. ambassador, one of the reasons we're not strong aboard because we're not strong at home.
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melissa: tony. >> iran is perfect example. the president of the united states has subordinated american power to aisle toll laws in iran. this is one of the most perplexing aspects of the obama foreign policy agenda. obviously the only aspect he sees us through the lens of burnishing his legacy as foreign policy who brought peace. russia asserted its power in the middle east. israel, our most trusted ally, don't believe we have them squarely on our side traditionally. look at players that matter in the world, always we traditionally relied on us don't trust us. melissa: he called isis the v team. thanks to all three of you. david: bringing obama legacy back home. obama care premiums could be on the rise. according to preliminary information that has been published now by the white house itself. health care insurers including blue cross, blue shield of north carolina and high mark
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health insurance company of pennsylvania asking for premium increases up to 30% next year. insurers cited higher than expected care costs from customers they gained under the affordable care act. and the rise in costs of prescription drugs. new disturbing trends over government union workers and fight to do union work at home on the taxpayer dime. all part of our three-part series, "cash for slackers." let's go to liz macdonald with the exclusive details. i think that title alone, liz, deserves an academy award, i love it, cash for slackers. >> that's right, melissa and david. there is point of controversy, that federal workers are working on full-time job not at job taxpayers pay them to do but at a desk job only on union business. they only want to work full-time only union business. janice perry was allowed to work
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on union duties 100% of the time employed at va in martinsburg, west virginia. that was not enough. after she broke her ankle, perry demanded she be allowed to work from home solely on union business five days a week, every week. and with the help of her government union, she won that fight. the va union worker quote, didn't even want to occasionally show up at work, says patrick pazella, he is public official that adjudicates fights at federal labor union board. she claims she was discriminated against, engaging in protected activity, working full time on union issues from the va. the worker can only work from home on union business. this is part of a new and growing trend what is called federal teleworking. a practice critics call, quote, disgusting. >> it is absolutely disgusting that they're putting taxpayer resources into funding union work while they need to be funding the doctors and
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employees to serve veterans, unlike they're doing today. >> in major move that flew under the radar screen, president barack obama quietly issued a presidential directive last year that says to federal agency, you must notify your workers about their right to flexible work schedules, including working from home. today taxpayers pay an estimated 29% of federal employees to work from home at some point during the year. nearly one out of seven federal staffers now work from home at least one day a week. this as federal watchdogs late last year found taxpayers paid 19 patent office workers five million bucks to work from home, running errands, shopping online, watching tv, surfing internet or facebook, doing the laundry or dishes. back to you in studio. david: liz, thank you very much. breaking news. four people seriously injured after a roller-coaster crashed at a park in england. two roller coaster cars
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apparently collided while the right was in operation, stranding passengers 20 feet above the ground. 16 people were riding in one car while the other car was empty. many people reportedly knocked unconscious. witnesses reported that the roller coaster was going 50 miles-an-hour when it collided with the other car. melissa. melissa: wow, terrifying. was hillary clinton already, has she already lost the vote of women? we're boeing to tell you how she just got a taste of what they really think of her. which governor is going back on his word and raising taxes in his state to the tune of $2 billion? we have the got the answer coming up.
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♪ every auto insurance policy has a number. but not every insurance company understands the life behind it. ♪ those who have served our nation have earned the very best service in return. ♪ usaa. we know what it means to serve. get an auto insurance quote and see why 92% of our members plan to stay for life. melissa: the battle for women in 2016, hillary clinton holding a women's only fund-raising event in new york city. one small problem though. turnout was so small that the campaign had to make it open to men as well, oh, no.
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according to a report in the "new york post." so you know it's true. let's bring in our panel. katie pavlich from town hall. com. she also a fox news contributor. judy miller is with us. and a democratic strategist is with us. i know spitzer. she is the host of this. she is lovely woman and holds a great party. is if she couldn't get women out it is definitely hillary's fault. >> first of all put it too perspective. the tickets were $2700. in new york city that is a lot of money. it is expensive to live in new york. on the political side, that being said, hillary clinton will depend on women to come out and vote for her. that will not cost them $2700 to do it. i don't necessarily think judge outreach for women and women voting based on the fact thee had had to open up all the women's event because too expensive for women to get in.
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melissa: judy, shaking your head. >> $2700 in new york, katie is that expensive event. this is not half of a biin bag. >> not een cle. >> ts evtsho shis hing tuble why ouldiconibu $20 to manollg in ney. nt fomdirt poto flthy rih. sh h a trst prlem. and e'veeenhat ihe urno. if zel itzeanet wen ut tre idefitely proem. lisa: asumpon won ll ve fo hilry, mefor the frst fmalepresent. hea sooneay i thethe day, th wou vote for h, timeor a wanand th ren' payg attention to any other details. checking their brain at the door and voting based on gender. >> that is a problem. there are no other details. that is what hillary needs to be dealing with right now. hillary is great candidate for women. she always advocated for women.
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>> no she hasn't. >> okay. yes she has. >> no, she hasn't. >> the point is we need to hear more from hillary. june 13th is the campaign launch. she will have to be out there more. i'm not saying she gives everyone exactly what she wants. melissa: katie, why is that not right. why isn't she for women. >> first of all hillary clinton just the other day was giving a big speech about women's equal pay when she was a senator she paid women less than men in her office. she says a whole lot of things in her office. >> that is not true. >> she doesn't exactly stand up for women. her time at state department was not good thing for women. there was plenty of sexual abuse inside the state department overseas. >> that so comply unfair. melissa: how about the fact that -- >> cbs news on that story. you can look for yourself. hillary says one thing and does another. melissa: how about the fact, jessica the foundation takes a lot of money from saudi arabia a. >> that i said is always a
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problem and hillary should speak on issue. everyone lumps this everything the clinton foundation does is hillary's fault. that is not true. melissa: judy, what about the fact that republicans have carly fiorina on their side? when she was out in iowa recently, her line to meet her and talk to her was all the way around the corner. does she knee bite the women thing on the other side? >> i think carly fiorina has played this very, very well. she has been very aggressive. she is the one republican candidate who can criticize hillary without being accused of sexism. and in fact she has done it not only by attacking directly but by answering questions specifically about her positions, about what she would do, about taking the democrats on. she has been very aggressive and hillary has just been doing the kind of listening tour, as i call it the non-listening listening tour. melissa: thanks, guys in the prompter. i will say thank you, ladies. over to you, david. david: great. that was nice discussion.
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deirdre bolton with look what is coming up next hour. deirdre? >> david at one time he worked with elon musk. now he is putting an end to gas guzzling commercial trucks. the cofounder of tesla will be joining me, telling me why he is putting creative energy and money into his new venture. it is called right speed. the worst-kept secret in the industry. we've been talking about it all this time, david, you and i, even in the hallways, apple probably launching its streaming business on monday. we'll speak with the competitor rhapsody today. i will ask him how he is preparing for the tim cook-driven machine. david, did you know apple is worth more than walmart, facebook and jpmorgan chase combined? david: wow. i sold my stock. but that is another story. >> that is one for over a drink. david: yeah, a lot of drinks on that one. deirdre, thank you very much. meanwhile the tsa's 95% failure right. how does this guy get to keep
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his job? i guess it is nice work if you can get it. plus the new jenner is revealed. the shocking payday for this "vanity fair" cover when we return. ♪ ♪ (piano music) fresher dentures, for the best first impression. love loud, live loud, polident. ♪ fresher dentures... ...for those breathless moments. hug loud, live loud, polident. ♪ "what is it that we can do that is impactful?" what the cloud enables is computing to empower cancer researchers. it used to take two weeks to sequence and analyze a genome;
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with the microsoft cloud we can analyze 100 per day. whatever i can do to help compute a cure for cancer, that's what i'd like to do.
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liberty mutual won't raise your rates due to your first accident. switch to liberty mutual insurance and you could save up to $423 dollars. call liberty mutual for a free quote today at see car insurance in a whole new light. liberty mutual insurance. david: the tsa is in disarray after a disasterous internal review after they failed to detect explosives in the 5% of their tests, 95. the tsa head was reassigned but some are wondering why is he on the payroll at all. we're back with our panel. steve moore, tony sayegh and judeky miller. how does this happen. in the private sector this would not happen. >> federal government, it is impossible to get rid of people. as someone who travels three or
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four days a week going through the airport screening process, often times waiting half an hour, to realize we're all doing this for nothing -- david: they treat you like low-life scum when you go through there. and 95% of the time they failed to detect explosives. >> even scare -- scarier, experts that critical the way tsa operated. 59% is pretty much the number they experience as far as failure rate. the issue, we exposed it. what will you do about it. that is the tough part. i'm sensing that like most big problems, they're coming up with the excuse, looks things will get buy us. it is difficult to enforce these type of things without trampling on civil liberties. look at israel. david: i don't want to talk about tsa i want to talk about why this guy is keeping his job. judy, this is not just any job. this is a job to keep planes from being blown up out of the sky. >> the fact of the matter, david, they have done that.
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there hasn't been a major episode. david: thank goodness. you know isis is following us very closely right now, looking for the weak spots. this might be one. >> you know what? he is out of that job. it is true, we moved him. they moved him. david: he is now beenee assigned to the office of state and local law enforcement at dhs. >> how long did it take for the bush administration to realize our strategy in iraq was not working. david: two wrongs, don't make a right. here is the point, steve, in the private sector, i know government is different. in the private sector this guy would be out on his can. he would not have a job at all in the organization. a lot of people say we should not have federalization of security checks. should individual be private. this is exactly why it should have been privatized in beginning. is it too late to privatize night probably not. this make as. >> probably not. you made the case very well. this man put american lives in
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jeopardy but gets reassigned. he has been reassigned but why not make an example. >> we have to get beyond the there by the grace of god go i policy of airport security. i don't think privatizing. the israelis do it best. partially militarized airport security. david: we're not israel. >> but we are, but we are a serious target these days. we know the reasons why. isis, al qaeda, can name a bunch others. we need to look at airport security matters as partially military-related exercises. david: you're not for privatizing. you and i are only once? >> remember how bad things were this was in private hands. there were calls, demands the system be privatized, be made public because of that. david: judy, i'm willing to bet when it was privatized they didn't have 95% failure rate. 95% failure rate. >> they were not measuring then. david: final quick one.
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>> your concern has to be reform across the civil service which means we have to get rid of people who don't do their jobs. david: great discussion. thank you. they treat you like scum and got a 95% failure rate. melissa. there has to be a better way, better mousetrap. melissa: whether on wall street or marion street here who is making money today. the state of connecticut. the democratic governor backtracking on campaign promise and will raise taxes to the tune of $2 billion. the plan includes raising taxes on the state's wealthiest businesses and will kill plans to cut the state's sales tax. raising money. fitbit moving ahead with its ipo. the maker of the wearable health tracking devices expects to price at 14 to six teen a share -- $16 a share. valuing company at $3 billion. not making money off the
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caitlyn jenner. media would have paid a fortune for debut as a woman. "vanity fair" insists no money is exchanged which is the standard policy for that magazine. wow. one ceo's proclamation as ceo jumping for joy. find out what the man in charge of box did may have you thinking about going to work for him. ♪ it begins from the the second we're born.er. after all, healthier doesn't happen all by itself. it needs to be earned... every day... using wellness to keep away illness... and believing that a single life can be made better by millions of others. healthier takes somebody who can power modern health care... by connecting every single part of it.
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obviously employee morale went up. and i found out my wife really loved me because she did not divorce me. [laughter] melissa: that is amazing and wonderful when companies do for their children the good will even goes further. >> by the way he is 33 years old. probably not a billionaire yet but one of the few you don't resent because he is so decent for cowrie and incredibly d.c. you really like camphor car he was desperately poor growing up his rent wertaiwese migrts a hadowork s wp fro thebott. >>whatmar thing you get loyalty from your employees also to help society with a private business is really smart. >> also to take the hands out of the government into the private sector. that is always better than of the government.
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melissa: and deidre will take you through the next hour with "risk and reward" :♪ ♪ deidre: welcome to risk than reward. tonight the co-founder of tests lovejoy's me on his new venture. planning to fend off apple in music streaming and you

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