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tv   Cavuto Coast to Coast  FOX Business  June 4, 2015 12:00pm-2:01pm EDT

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competence. >> he doesn't like the faa gives special priority to women and minorities my time sup, now here is the all american, neil cavuto. >> thank you, stuart. all right well young the drill here what we're waiting for. welcome everybody old coast to coast i'm the old cavuto. rick perry make it ten republican candidates officially vying for presidency a half hour way from making it official homing that second time is better than his first run at this. that was then, this is now. it comes on same day that governor jeb bush has indicated he will mac an official announcement of the june 15th meant to be a spoirl in materials of this announcement on part of governor perry say nothing. benevertheless it is something that everyone is watching. we're also keeping one eye on what is going on in the market i normally do not obsess over
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these things but just to let you know focusing on concerns that the greeks are about to go bust or could. they're taking us right up to the deadline tomorrow. they have a big payment to make that would be essentially over half a billion dollars of euro whatever you want to call it tomorrow is the day to mac it and there's indications that they might not. you add that to the anxiety over the job's report you have a one, two punch here for the markets for now. but they change a lot. all right we've got formaller republican governor who finds in new hampshire, chief of staff john with us. governor, it is getting to be a crowded field. how does that help, hurt, someone like a rick perry? >> look it is the same -- effect on all of the candidates when there's a crowded field it certainly makes things interesting for voters and folk that are watching. but it make it is complicated for the candidates. i think you're going to see 15 to 16 republicans and half a dozen democrats. irchtion got the sense when i
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was talking to governor perry in orlando over this big economic summit it wouldn't be about the my to stress his military background as he's a veteran. captain in the air force, i believe. so he was focusing on foreign policy. a qk reaction to this. >> my experiences have cost the view. i've seen the toll of that on the face of our warriors i've been at brooks army medical cenr and incredible impact on the families. but on the other side of that, we need to send a message when america is strong, world is safe or when we draw a red line in the ground and cross it, you will pay a price. >> what do you make of that governor? >> well, look i think what the republican candidates are really -- sensing is the disaster of the obama administration in materials of foreign policy sensing that the american public is beginning to be worried.
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they're worried about the growth of isis and aggressiveness of terrorism. disaster in the middle east they're worried about russian -- russians becoming more forceful if you will in areas liking ukraine and sensing that public wants someone to talk about foreign policy to lay out an agenda how they'll deal with it and to demonstrate they have qualifications to fix the mess obama is leaving us. >> you know it is hard to quantify how much each of the candidates has but we're told that rick perry has at least 10 million in the bank that they could have up to $20 million that is similar to figures you're getting out of the qhows white house with ted cruz and nothing of jeb bush the fact that he might have 100 million. a lot of the guys have money. my question for you is, do so many have so much money that the normal weeding out that you get because they run out of money, run out of hope, prevents us from getting a clear nominee.
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but by cleveland time but convention time. what do you think? >> look that is why iowa and new hampshire are so important. where media is less important than both places and they have a see me, touch me kind of feel me requirement for the kains. theyto show up to do retail politics. i think that that will be helpful in doing some of the initial sorting out. but as you get into orr places, the crowding out if you will of advertising time will be an issue and i think people are going to make much more use anyway of social media. e-mail, twittering, facebook, the whole aspect. tweeting, it is just a process that they're all get used to right now in terms of applying it to campaigns and more and more of it. >> in the end george bush -- you know with fit to be a problem for his brother jeb bush long come numbers that show president was popularity has a
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clip of the guy who succeeded him for the moment. so do you think he would be the detriment some say inevitably he will be for jeb bush what do you think? >> i think all of the candidates end up being a candidate in their own right. hillary won't get the full benefit or full burden of bill clinton. i think, i think each candidate in in particular race since it is an open seat are going to have to clearly demonstrate what their agenda is. that is the only way to sort yourself out from a crowded field is to to be specific, to be clear and to lay out agenda that begins to resonate. ening that is much more important than lineage or breeding stock. >> breeding stock. johnson -- always a pleasure. thank you. >> good neil congratulations on the new show by the way. >> thank you. you made our debut week we appreciate that. up to speed 25 minutes away from rick perry mog it official. he will enter this presidential race. do not dismiss him, though, he's
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a powerful veterans and financial backers we're told. it could be anywhere for 10 million to 20 million uptront for a man that would be laugh off the stage last go around. that was then, this is now he's a legitimate candidate and a legitimate threat now. but you know the score -- money is everything. and what have i it would you when it cools to money, there might be a lot more here to talk about when it comes to, well jeb bush. our charlie gasparino has been following that factor, and i guess when you look at it, charlie he has more money than we ever thought possible. >> hasten to put out estimates that i hear from wall street sources people like giving money. that is where the money is wall street following a lot of these campaigns. hasten i don't to put it out because i might be wronging and too low but he has a pack that solvable he's looking to raise money u there this pack. it is going to announce ting in july exactly how much money they've raising and the estimates are anywhere from 100
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million dlears just for that one pack, to maybe $500 million that is the estimate. >> minimum of $500 million before announced. >> yes that will tell you how much i've said it on many of your shows before that if there's anybody to match dollar for dollar fund raising ability of hillary clinton it is jeb bush particularly with the commitments that he's lined up. that is why mitt romney dropped ousts out of the race. governor romney on her and candid he would say how annoyed to explore in the run in 2016 that jeb bush locked down many of the donors, commitments these are going to come flooding in when he formal announces. the pack comes in. when you become a formal candidate you can't raise money for the pack there are limits. but right now he can and this pack is going to shake up the field when that number comes out. i should point out -- >> also hurt him in a way.
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>> jeb bush have been saying it is not this huge number. but i -- from what i understand, this guy if he snaps his pirntion will get a big number. when you talk about to wall street people who give to campaigns both republican democrats you want to know what most exfence i have race will be it would be hillary versus jeb and number that is floating arranged as a total number is something like $5 billion. that is the number -- >> sounds ridiculous. >> it does, but it is not. she can raise $2.5 billion and he can, that is what people are talking about. that this thing is going to be -- the dp of a small country to spend on this race -- if those two go after it. >> say momentum doesn't last -- hillary encountering resistance right now. >> he's not the candidate -- >> seen our money evaporate quickly so discover that the hard way -- so many, many decades ago. couple of decades ago. do you get a sense that if
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herpetsomehow lose florida to marco rubio well runs dry. he's in trouble, yeah -- >> i think that wall street money will go, listen anthony our good friend fox news contributor you'll see a lot of different scenarios walker rubio. >>walker runs up mitsdz as rubio cancel out in florida. >> when you talk to gop fundraisers, the wall street guy, that is a nice source generally. impressed by the field. if this field these are real players. i don't care you might not like jeb bush talk on common core, this guy is the real thing. he's a policy guy. he's smart. marco rubio, smart guy. you know, we're talking carly did you see her on sunday? >> impressive. >> she blows you away. these are smart john k. says she gets in. >> carly is richest candidates in the race right now. >> with 80 million. >> do you buy those figures?
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>> probably a few stock options hoar and there. [laughter] >> that is right. she dwefers deserved it worked up from nothing. give her credit. >> corporate america. thank you very much. we have a lot more coming up on this notion right now that you're hearing given the latest entrance in the race that hillary clinton -- might not be a lot on the democratic nomination right now. now i don't to brag, but where did you hear that verse? she's done. hillary clinton is done. she will not i repeat she will not be the democratic presidential nominee -- >> all right. now they're not jumpling to that point at this point. but i'm tell you former doug wilder maybe not the so inevitable hillary clinton after this. [ male announcer ] ours was the first modern airliner,
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>> we get something very interested into our newsroom right now that was concerning some remarks nancy pelosi made earlier today. concerning isis advances throughout the middle east. and i think you see this sounds to you, she was putting the blame not on the white house, not on anyone in the white house. but specifically a general. listen to this. >> responsibility to train troops in iraq. over there on different occasions hearing from him and some of them this they had trained 175,000 iraqi troops, and personnel so that they can take over their own effort. so i would ask him about that. ening that number was far smaller than that was represented to us. >> wow. and ping i think when we had
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general pennsylvania on that they thought they were faces head wing in iraq and facing terrorists everywhere. isis in particular, and then he sharpened krit 1eu68s -- criticisming saying isis has upper hand and low and behold these remarks today. is that the call and thrust of the counterargument from -- those in power in washington? too early to say but that is a rather remarkable statement nancy pelosi, hanging that on the general we shall see and get reaction from that from the host of other it is these two hours. meanwhile, something that is not looking too rosie american wage growth because we're expecting big surge from the latest employment report. something that doesn't go away is wages. mcdonald's in numbers . >> big biggest problem for the
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financial health of the country people are not getting pay raises gite the drop in unemployment. been talked about over and over again, here, tv, at home at the dinner table, particularly on the campaign trail, right, and you want answers, you read the wall street journal today. they did an incredible story looking into why this is happening. why unemployment is dropping almost near full employment and wages are not growing at the clip they did before the recession. wall street journal looked at 33 metropolitan areas in this country where unemployment rates and job creation had rurnled to the level seen before the recession and in two-thirds of those cities, houston, minneapolis, oklahoma city, topeka to name a fuzz wage growth is still trailing rates that you saw before the recession. and here's some of the reasons why, companies have a big pool of people to hire from. people who have fallen out of labor portion, they're working part-time, they're killing that slack, supply is taking up. wages won't grow.
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you have enxas competing with foreign businesses and their cheap prices, their weary of raising wages forget taken a hilt there. they are psychologically scared from the last recession you start raising wages another recession returns, and then little incentive to raise wage when is productivity is not picken up. >> wages don't go up they're not going to see anything else go up. i mean if you think about it, what is crucial over housing what is crucial with economy in general is people spend it. if wages don't move, don't move much -- >> it will take the economy overall a big hit. right now wages in first quarter from a year ago were up 2.6%. it used to be, you know, full employment it would be 4% wage growth or everyone higher. now you have wal-mart raising the minimum wage, you have target doing the same also mcdonald's. so there is some movement there. but you have a lot of economists who think that wages will only
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be growing and may be three to 3.5% because of all of this slack, because of these concerns among businesses. over ten years that kind of difference in wage growth is thousands of dollars to an american family. and then there's a political question, right, because the left, they want to take from the red and tax more, and hand it off to the people who need more money. and then republicans and conservatives say government just needs to get out of the way. but either way no easy fix. >> no easy fix taken thank you very, very much. in the middle of all of this we have the ep ark busy again talking about emissions trying to control them. they've made that clear what they want to do with our cars. but now they're looking up and doing the same with our plains. republican senator in south dakota on that with us senator good to have you. >> thanks neil. >> what are they doing, they want to police, target emissions? from airplanes just tell me what they want to do.
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>> well, it is just more of the over reach in terms of regulation it is coming out of this administration. but in this case, it is target airlines since 2000 are carrying 20% more passengers and reduced fuel emissions by 8% over that time period so they're already through more efficient engines, better routing, better airframes, doing everything they can to become much more fuel efficient. but evidently administration like they have in so many other secker to of our economy decided to take matters into their own hands and supposedly our design to, you know, clean up the environment, but, obviously, have a tremendous cost on economy, and make life a lot more complicated for people in this country. >> so senator, as far as i understand when it comes to epa upsetting fuel standard how much you get, they have the power to do that. and at the stage whatever it
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has, do they have power to do that what it comes to plages? >> well they're going to use i think the clean air act is sort of the statute story foundation of basis of that but the economy neil, this is not an exemption. water is the united states which you probably i know you've talked about in the past is an entirely new regulation where they're asserting jurisdiction over puddles and ditches, ponds farmers fields that gink to have a huge compliance cause. if you look at the records as the administration come into offings there's 2,000 new regulations cost economy $653 billion and many cases, real questionable statutory authority unlike anything we've seen in many, many years, and this administration clearly is trying to do everything that they can to go around congress, to go around people representatives to get their agenda through.
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this is another example of that. >> senator while i have you here, rick perry awaiting his announcement. trying to have him in the ring. to my knowledge, you were only republican presently not running for president. >> why not? >> that is certainly seems like the case. everybody else is out there. we have a full field, neil. >> so -- >> crowded one. >> it is a crowded one it is a very diverse, deep field, and i think we have a lot of good candidates. i'm excited about the prospects for us winning the white house in 2016, and i think that looks like todays, more the merrier but i think that the field will narrow over time. you see candidates who are working for various reasons inabilities to raise resources will probably start dropping out. but at least going into this thing, it is going to be a very full debate stage and i'm not sure how you're going to handle that but it will be interesting. >> hold a multiple dinesser myself. senator but see what happens. >> maybe have a jv and varsity
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game, i don't know. >> not a bad idea. >> senator thank you. >> great to be with you. thanks neil. >> in the meenl time take a peek at this as we await governor perry to make it official running for president. take a look at the stocks, right now, there's concern about what will happen in greece whether they belly up and then just fold up. it gets old. but you know, the drill that they're concerned that it goes -- that is horrific for the world. that is the stage right now. just go. just go. whatever is beginning to happen, just do it. in the meantime if that happens to the guy who say this is is the titanic of the world. appropriately enough name is steven king, after this. can a business have a mind?
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a subconscious. a knack for predicting the future. reflexes faster than the speed of thought. can a business have a spirit? can a business have a soul? can a business be...alive?
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>> all right we're waiting word now from rick perry to make it
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tenth republican candidate in the race for the presidency of the united states. he is going to stress his hum public beginnings, and his stewardship at texas and millions of jobs are created. remember used to get to state governors about how to woo jobs to lone star state that is a theme. chris kyle is. there a lot of veterans are there. former captain in the air force. he will stress that background as well. asking for your tweets of what you make for a perry run for the white house. always liked perry but so many to choose from. duane tweets following he might as well run, everyone else is. and ron, conservatives have no unity, no excitement. well someone is a hater. meanwhile we've got also this growing concern about what is going to happen tomorrow with whole deal with greece to go belly up. that is a point. markets are headed south in a big way, in fact, hsbc chief
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economist steven king says it is scary way -- see first when i heard that report steven, and then i once again double checked your name, i thought wait a minute. this sounds like a scary novel but your point is what? this will be a scary selloff, why? >> well missense occupational hazards scary things and main concern really is during recovery from the u.s. six years into recovery that is an opportunity to rebuild ammunition that you need to fight the next recession in the recovery, with job quite a long way. and here we are six years into recovery, interest rates still at rock bottom. so given that it was recession comes along eight or nine years, damming is that another recession comes along without ammunition to benefit it.
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that is the big story. ferlings >> now there's a comment for that. climb for some time, and that this recovery with everyone to call it steven has been so sub par, that it could have -- that it could keep plotting along, longer than typical recoveries because it has been so -- anemic what do you think? >> that is absolutely right. of course one of the big difficulties any economist has is trying to fork often timing of nec procession and what i think is striking about recession they tend to come along fairly regularly. and they have a variety of different causes, so, obviously, global financial crisis is banking crisis, but you've had oil shock, foreign shock, bunch of things happened. >> happen it is steve about what do you see whatting? instead of how much do you think our markets go down, yours, general what are you looking at?
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one obvious danger is that stock markets have risen too far and for the economy. quite a long way that could be a trigger for a recession. another big worry currently what is happening in china and emerging markets more generally. u.s. is more dependent on their success now than it used to be 20 or 30 years to go as they go for the u.s., and the service with the federal reserve finally decides to raise interest rates. we discovered u.s. economy is not strong enough to go with it and comes down in the federal reserve ends up with economic space. >> a 20% hit, 30*, what? >> if i knew that i would retire in the desert island. impossible to say. >> you have to live up to that name, steven you have to -- live up to that name. >> you look at the human evaluation of the stock market and occasion more expensive than
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it is today are probably 1929 and in late 1990s so two years or two periods you might be thinking ab worrying comparison. >> okay steven kick only if your name was jimmy fallon it could be a different forecast. interesting read on things. all right we're awaiting to hear from governor rick perry going to mac it official. i have to tell you a lot of change since he last ran for president. he kill out said he wasn't feeling well. telling me in orlando that he had a fine tune in the back and sharper over the years i can tell the way he's been handling interviews. doing his homework. i don't know if i would be so quick to dismiss him or power of having all of these veterans and navy seals, and big fans, friends, of chris kyle and others, i don't know if i would slough that off. it is a crowded field, and anywhere at this point to dismiss the longest serving governor this country has ever known.
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one with a pretty good track record. we're on it after this.
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new york state is reinventing by leading the way on tax cuts. we cut the rates on personal income taxes. we enacted the lowest corporate tax rate since 1968. we eliminated the income tax on manufacturers altogether.
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with startup-ny, qualified businesses that start, expand or relocate to new york state pay no taxes for 10 years. all to grow our economy and create jobs. see how new york can give your business the opportunity to grow at ny.gov/business >> all right this field is growing in texas i want to take you there where rick perry is about to make it official. he's being introduced by a number dignitaries including the navy seals and he's a veteran afterall cappage in the air force he and lindsey graham i believe are the only veterans in the race. graham, of course, in the garld. but i think that is it.
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of all of the announced or soon took announced presidential candidates. so we'll be focusing on that very shortly. but here's more going to be powbding on this message that the governor will no doubt relay that as the governor and one that had the greatest job growth of any, any state in the country, over the course of his 12 plus years in power, he's the guy. >> that is a powerful argument i wrote a book called last 15 years, where the growth is in this country. and you can point neil to one state. that is the state of texas. which by the way i think you know this statistic. but it is amazing one. from 2007, neil, to 2013 so this is a governor who has an amazing economic record, without texas by the way, united states wouldn't have the goen out of the recession he bailed out
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obama. but i want to add one other thing neil that you said about his military service. this is important that only two of the what, 20 candidates what are running for president on either of the side was aisle have military background. i think that is too bad. we should have leaders that have military background. >> you know, you were mentioning his jobs record now. he's former governor now he left beginning of this year. the fear is that that sputtered out that with the collapse in oil prices everything else we're going to touch on that that wind at its back is no longer wind at texas is back. now texas is sputtering that now that charm is gone to bloom, off the roads pickier analogy what do you think of that and whether that comes back to bite him a one trick pony. >> texas was a one trick pony. >> that used to be the case about texas back in the 80s with the drought and oil prices were texas wengts into a severe recession but that is not case today. still is an oil and gas state but neil this is a technology state that is the transportation
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state. this is a state with manufacturing, it is a state with one of the some of the great universitieses so it is completely diversified as economy and agricultural state by the way. and it is diversified. and i don't buy this argument that texas went down tubes, and reason is not neil, because texas has progrowth policies. it has no income tax. it is a right to work state. it has light regulation, all of those things are showing powerful and rick perry has proven that to be true. >> you know what they have more than any other state too their legislature is in session least. >> snts that awesome. you're right. >> mess up -- >> something to be said about a citizen legislature. they only meet every other year so less trouble that they can cause. but look, texas miracle is a real miracle i think that the line that rick perry should use and probably will use is what we have to do in america is make america less like new york an connecticut and more like texas. >> yeah, wouldn't be surprised that becomes a very big theme.
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we shall see. always good having you, steve. thank you very much. we're talking about oil with steve and saying about that being the win certainly at the former governor back here. but again, prices have been sputtering going to take a look. gas station all of that. decided too much that could be a problem too. we're about dollars right now for about a crude oil. bill following awflg this. bill that is the fear if it gets too much, of a sputtering here and prices drop too far, what do you see happening and what is the proper balance? >> a lot of people in the energy industry really were hurt very badly when energy prices collapsed after opec declared a price tour today and they're looking to see what opec is beginning to do. a lot of times as consumers you know question love these lower prices for oil, gasoline prices go down. i love it too u by like it when oil prices go down for the right reasons. the reason why prices fell so
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precipitously opec tried to bury the u.s. energy industry and fracking industry and that hurt our economic growth. it really slowed down the gdp. slowed down job creation and that was a bad thing. but today you know, looks like u.s. is going to fight back. at least the epa i think this decision that just came up from the environmental protection agency on fracking, it is a message to opec it is a big win for the u.s. energy producers when they came out and said that fracking really does not have any measurable impact on drinking water at all. that has been one of the main -- for fracking. >> that could push back some of the fracking critics. thinking states like new york and governor cuomo has really stalled any type of fracking activity particularly upstate new york and other governors have done the same a safety concern, danger of the water supply. now saying not really -- >> yeah, absolutely not. they did say that you have to
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watch it. they have to look at the wells they have to look at how they deal with wastewater but energy water from day one says we're generally below water table, there's really no risk to the water supply and so it makes these bands on fracking, in the state of new york and other places really a bad idea. it is bad for economic growth. these states should is look at it again and look in your backyard neil see if you have any oil there and track there as well. they could -- >> fracking -- >> unleash parking lot economy. >> thank you, neil. >> look at the time now we have to go. waiting to hear from governor perry when i see these things the venue they use. obviously, in governor's case they're ready to speak right now. it is about the background, back drop of employers, jobs, businesses, it does contrast slightly from yesterday who choose half full -- it is not the full things happen. but to make his signature here.
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>> we're just getting word right now that president obama does plan to meet with iraq prime minister when gathers in germany and other leaders of the free world as it is, for the g78 summit. this cools on heels of now thursday of iraq under isis control. but we have been training a lot of these iraqi soldiers to take on isis, and haven't been encouraged by results. but begun president does plan to meet with iraq prime minister to keep up the fight an save result. similarly i want to bring to your attention what is going on in texas right now. where rick perry is making his wife ready to introduce her husband. a little bit of that back drop to say all of the the candidates try to choose an impressive venue and viewers said i was unkind to lincoln, former rhode
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island governor announced that he's throwing his hat in the ring to challenge hillary clinton because he made a big deal of the world going metric to, quote, the former governor, it would be a bold embrace of internationalism. i said if you have to make your celeb cause going metric, you're coming out the gate hurting. that is all i'm saying nothing against the metric system, wonderful system but 100 yard football field not 91.4 meter long football field. i want to bring toier attention it will never happen. let's listen in on rick perry for a little bit. ♪ all right rick perry waiting for him to get to the podium you know the drill here to talk about what the texas miracle is
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going with the states. from republican governors and other states, he had a clumsy start. so he said in orlando he wasn't filing well that he didn't do the necessary studying. he's done his homework since. done his homework since, and don't get me started on the glasses. the fact of the matter is he has sharpened his message. this might be the proof. [cheering and applause] >> thank you. thank you very much. i love you honey. you know, i was born, i was born five years after the end of a global war that killed more than 60 million people. i'm the son of a veteran of that war who flew 35 missions over war torn europe on a b-17.
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[applause] when dad returned home, married mom, they started a life together. they were tenant farmers. they were raised during a team of great hardship, and had little expectation beyond living in peace. putsing roof over our heads, and putting food on our table. home it was a place called pain creek. too small to be called a town. but television -- it was the center of my universe. for years we had an out house, mom bathe us on a back porch of a number two wash tub. she also hand sewed my clothes until i went off to college. i attendanted pain creek school grades one through 12, played six-man football was a member of the boy scout troop 48 became an
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eagle scout -- [applause] went to texas and and m and i got my degree in animal science. i was proud to wear the uniform of our country as an air force officer and aircraft commander. [applause] after serving i returned home. i returned home to those rolling flames and that big old sky of west texas, and i returned to farming. you know, there's no fern -- person on earth -- >> monitoring this rick perry is making it official announcing running for president getting in and out of this. but again like some of his other candidates now in this race in which ten strong now, hum public beginningings. i wondered if you're a rich candidate, do you stress, you know, i was born -- in one of my father's 18 homes.
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i don't know, but very american to talk about the story, and he's certainly that. it is america, and do not dismiss or discounting this guy or that veteran background but then that is me. i have veteran charles payne with me admirably served this country took weird turns along the way. but charles very good to have you david mcdowel thank you for being here again. charles, on that veteran, i think people underestimate how important that is, lindsey graham is the other veteran in the race. but here's the guy an obviously, has a lot of veterans there. chris karl's wife widow is there. these times this environment, isis everything else, that could be important. >> before you went to rick perry he said he sharpens his message. to your point you go to his website right now and admits that he was a veteran first and then governor first to your point. the bottom line is that this was a tough time not just for america but the world. it is, you know, global peace is
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interesting but the threats there that can destabilize any moment and tough answers to questions have to be resolved. lackluster in the indecisive manner is nuts. do we give isis to syria, iraq, between iran, do we turn our backs on that, if we don't do we keep sending weapons that guys are afraid and nothing -- we have to decide. i'll let him speak other things he is on his website, 2.2 million jobs. 14 balance budgets and cut taxes 75 times. i think a lot of individuals and businesses want to what are that. >> deegan how does a wall street react because a lot of wall street money has gone to jeb bush. is that still early? what do you think? >> they like his record as governor, can he recover? people in wall street want to get behind somebody they think can win. call it short maybe short sighted -- >> more disingenuous you name it
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can rick perry recover from the mistakes during last campaign. you have so many people in the new fox news poll republican candidates potential candidates and 16 names, right, are they going to cannibalize each other and get his message across in an effective way. can he brag enough about his -- >> impression ftion negative. informs negative. >> if it wasn't for bill clinton, if you're -- overcame that. >> he overcame that. proll was a complete unknown. he overcame that, and maybe the fact that it is so crowded could point to perry's hand because there's no one taking off. they're all tightly bunched right now. it is a huge fumble, and iting dod them and haunted him, and hopefully, you know, we'll see what he's done. >> he might get a box -- when you have seen these kaingts. candidates, you have bush, scott walker and perry --
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12, 12 -- bush announces today june 15*9 15*9 -- 15th to make it official. >> perry down there in 4% not in the most favorable. >> it is busy -- pick on hillary clinton, or pick on each other.
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>> all right rick perry is making it official let's dip into this. >> i saw during vietnam a war where politicians didn't keep safe with the sacrifices encouraged of america's fighting men and women. where men were ordered into combat with the full support of their civilian commanders to see it happen again, 40 years later
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because of political gainsmanship and dishonesty is a national disgrace. [applause] but my friends, we are a resilient country. you think about who we are, we've been through a civil war. we've been through two world wars. we've been through a great depression. we've even made it through jimmy carter, we will make it through the obama years. we will do this. [applause] you know, the fundamental nature of this country is our people never stay knocked down. we get back up. we dust ourselves off. we move forward. and you know what, we do it -- >> somewhere around here he'll make it official. he's planning to announce formerly for president of the united states.
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if you think republican field is crowded you should see the democratic side doug wilder on the wild run for that presidential nomination that no one is paying attention to. but we are, stick around, after this.
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new york state is reinventing by leading the way on tax cuts. we cut the rates on personal income taxes. we enacted the lowest corporate tax rate since 1968. we eliminated the income tax on manufacturers altogether. with startup-ny, qualified businesses that start, expand or relocate to new york state pay no taxes for 10 years. all to grow our economy and create jobs. see how new york can give your business the opportunity to grow at ny.gov/business
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>> all right. rick perry is in making it official. in case you think he's on a lark here. obviously someone in the democratic national committee must be worried. the chair issuing a statement under rick perry's tenure as governor, two texas, his allies benefitted for tax breaks and wealthiest texans. and then the working families bore the burden. as a governor he did create over that tenure, more than 10 million jobs more and any democrat or republican. you could argue that that would be something in his arsenal and
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may be a reason why debby wasserman schultz is targeting him for the tough broadsides right now. now, in the meantime, we've got a race building on the democratic side. who would have thunk it. the latest to challenge the incumbent and all of this is at a time when, wait a minute, wait a minute, we're not going to give this race away and a lot of liberals are saying, we don't like the way things are going. well, it's obama backers who are telling me they don't like the language of the liberals and who they're targeting. >> i'm frustrated with the democratic party. they've been talking about this wealth and it's been a divisive discussion. >> i think he's going to lose a huge amount in the jewish community and people concerned with the same issues. he's going to have a tremendous, tremendous impact
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on the election. >> she doesn't do better, frankly, she's going to have real trouble against almost any republican. neil: pretty strong words. those are liberals, and the first was a big backer of barack obama, a fundraiser for barack obama. not inclined right now to do the same for hillary clinton. he's sort of holding his cards tight here, but the indication is that i don't like the message coming out of the democrats right now. that they're bashing wealth or assuming that anyone is rich is a clueless fat cat or worse and this guy is following it. the guy, i think, who paved the way for barack obama, whether you like it or not, without virginia governor wilder, depending on your point of view. there are people luke warm on the subject. governor, thank you for coming back. >>. >> always good to be here,
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neil. and congratulations on your coast to coast. neil: thank you for joining us, governor. on and the fight in the democratic party, the extreme left challenging hillary clinton. do we have a fight? it's taken a sharp tack left. >> i don't think it's a fight in terms of who the candidate would be. ultimately, it will be hillary clinton. the others may sound a note here or there, but they don't have the sources and won't pull it through. and thanks to my reference having played a little bit of the role in terms of making something happen for barack obama. but i'll say it to you, neil, and said it before. virginia is now a bra-- barometer state. whoever the democrat is, it will be hillary clinton, if she doesn't win virginia it will be difficult for her to win the
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election. so it's going to be a tough state. it's not a purple state, it's not a blue state, not a red state, it's a people state. and i can tell you that people are very concerned about what has happened and what will happen, not withstanding to be the next president of the united states. the next president because politicians and i'm one of them, promise is lot, but what do you deliver? this is going to be a very difficult election in terms of transgressing that. neil: when you got elected governor, you were trying to overcome a number of prejudices first off and secondly trying to join the left and right and the governor state where we didn't see that happen too often and you succeeded in it. >> i was pleased to be able to do that. >> i remember quite well. i was only a toddler as you know, governor. but if that were true-- i was recently out of college. [laughter] >> you know, governor, what i'm thinking is happening here and this is where i--
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i don't think it's such a sure thing that hillary clinton is the nominee. i don't say that to disparage her or say that the democratic parties are in total disarray. i think that all of these guys, whether it's martin o'malley or bernie sanders, they're testing the waters and more substantive democrats maybe in the eyes of many are waiting this out and saying hillary's negatives keep rising and her leads against the presumed republican candidates keep narrowing and it wouldn't take much for them to season this and say, hey, she looks vulnerable, i'm in. and i'm wondering if that's going to be a problem because of the rhetoric that the party keeps pushing that you know, everyone is in. she's vulnerable, the party moved hard left, they're bashing, you know, those who succeed in this country and lumping them in the same category. and the liberals with whom i chat, governor, say we as liberals don't like that
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message. we think it's anti-business, we think it's counterproductive. what do you say? >> i say you take each of the candidates that you referenced and point to their states. each of those states either will be supporting the democrat or not. hillary's biggest problem and any democrat's biggest problem is to try to attract that independent voter. this is not-- this election is not going to be won-- >> she's not winning look at the poll numbers on independents. the bloom is off that rose. i still insist that it's her rose, but she's got a few-- a lot on the petals. >> i don't disagree with you. a state like virginia, which is going to be decided by the independent voters. neil: she will not get the nomination. i'll bet you a meal at denny's, she will not-- maybe not denny's, wendy's. >> no, no, i'm going to bet you a meal that you can well afford
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and you pick and bet you-- >> governor, i'm just telling you, something i get the weird feeling that, you know, that the rank and file, others are saying, you know, hillary clinton looks good from afar, but we get closer and far from good. >> neil, neil, what they are going to be asking themselves is who is that person that's best able to win the election next november and to that extent, i don't hear a name mentioned of anyone they feel is better poised to win the election. neil: logic prevails, you're youn young quasi old enough to win from richard nixon and-- >> all names you mentioned
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deference to these people, elizabeth warren, lincoln chafee, martin o'malley, none have the starch and stamina and support that hillary clinton has and i'm going to be mr. smarty pants and eat at your expense. always good to be with you. neil: denny's, the grand slam breakfast is perfect and i know you have them in virginia. >> waldorf-astoria with cocktails beforehand. neil: yikes, what have i gotten myself in? >> thank you, neil, nice to be with you. neil: on the republican side, a lot of the tea parties are looking at the race and looking at presumed favorites and not happy. the rumble on the right. columnist, tea party extraordinary. gina, what do you make of this race and where does rick perry fight for you. >> team cavuto, congratulations on the new show.
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happy for you. happy to be with you. secondly, rick perry, gosh, i guess, like many conservatives, i have three things to say about rick perry, but i can't remember the third one, so i'm not-- >> you're being mean, all right. [laughter] >> well, i am excited and i'm not going to get in the blood bath on the g.o.p. side of things. we have some great candidates and any of the them, neil, as you know, would be such a vast improvement on what we have right now. so i'm looking forward to it. neil: you like the rabble rousers. who would they be? >> i do like the rabble rousers. i like little pieces of each one of them. i like the straight forwardness of rick perry. ted cruz is a fresh, honest guy, you believe what he says. i like some things about scott walker and things that he did in his own state, but like i said, any one of them, especially from an economic standpoint, any candidate that has thrown their name in the hat thus far, and in fact, any
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candidate that's talked about it would be a vast improvement over this president and certainly over someone like hillary clinton who half the population knows is a liar and admits they know she's a liar. neil: you didn't answer the question. i love you dearly, but if you had to cut straws right now, would it be rand paul, ted cruz? ted cruz tweeted out welcoming fellow texan to the race, good patriot and the language, all seemingly nice to each other, you know, that's going to go. who is your candidate as things stand now? >> i don't have a candidate yet, neil. i'm still watching, too, i want to see. neil: somebody's fibbing. >> i want to know they're not going to make mistakes like in the last election, but i can tell you the establishment candidates are not my candidates. neil: jeb bush is establishment. >> yeah. neil: he's not your guy. but this is where i'm at. with the new polling that came out, jeb and walker, and the
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numbers are small, and we have a long way to go so this is meaningless. you fantasize neil, about the first day, can't you, when you see walker and you see bush and you think if they were president and bush with his white gloves, he'd make some real differences with his appointments, which is one of the first things presidents do. he'd go to the national labor relations board and make some great changes there and then you picture walker for a second. and you just kind of, wow, like you and i in a donut shop, neil. he would make major damage happen on someplace like the national labor relations board. neil: a slap and you pulled that off so eloquently. it doesn't look like you imbibed in the donuts, but i get the gist of it. good to see you, gina. >> you, too, neil. let's look at texas, he's in the race and a couple more are very, very soon. we've got the word that jeb
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bush is going to follow along in a couple of weeks and chris christie after the legislative session ends in july. scott walker pretty much the same thing. the latest number, 1,612 republican candidates running for the presidency of the united states. we'll update that number right after this. if you suffer from a dry mouth, then you'll know how uncomfortable it can be. but did you know that the lack of saliva can also lead to tooth decay and bad breath? well, there is biotene, specially formulated with moisturizers and lubricants... biotene can provide soothing relief and it helps keep your mouth healthy too. biotene, for people who suffer from a dry mouth.
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>> all right. we do not obsess. we do note that we've got stuff going on at corner of wall and broad. concerns about greece, where have you heard that before that it's maybe in danger are not making a payment due tomorrow. that would technically put that in default on the same day that the imf urged our federal reserve to go slow on hiking interest rates, maybe putting it off until next year. the economy doesn't warrant it
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and combined the ills with other stuff and then you've got these guys off, one day a trend does not make. a snapshot that could change at the end. day. in the meantime, not done with a lot of financial woes for americans. close to half of us are hurting. in fact, we can't even scrape $400 for an emergency. liz macdonald is here to break it down liz: this is from the federal reserve. you know, we like to look at the federal reserve survey, 5800 households and it's the pulse of america, they found that 47% of the households that responded, they could not afford a $400 emergency. in fact, if they were hit with a $400 emergency they would do things like go to get pay day loans or go to pawn shops, even, neil, that's a stunning statistics. neil: how does it compare, the 400 figure, whatever figure, the cash strappedness of americans at this stage? >> i did look at it for three or fours years ago. it's still on par. it hasn't budged versus the
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results for three or four years ago. another stunning statistic, a third of all boomers had children still living in their households. so, parents used to dream of having their kids have their own home and now they're dreaming having their children out of their homes. now the chickens have come to roose. >> and just collected social security, kick a little of that in, and that's scary liz: it's stunning that the chickens have come home to roose for baby boomer households and these are about 8 million households. when you look at the labor force participation rate which is what you watch tomorrow. that could explain the drop there because people are living in their parents' homes. we'll explain. the lackluster sales that we've been seeing, people don't feel they've got this. thank you, lizzie liz: sure. neil: it's a surprise, you offer someone $49 air fares and websites start crashing. southwest learned that the hard
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way. >> and southwest said we have a major fare sale tuesday through tonight. you can get round trip air fare, neil, for at least as $98. the average person doesn't have $400 in their savings account for an emergency. well, that's the average air fare, so, of course, when you have air fare for a quarter of that, people are going to flock to the site and they shut down the site. it's still down as i speak. i've been on the phone with southwest and they're working on it, they never expected demand to be that great for these air fares, now they've extended the sale until tomorrow night and people are complaining on twitter. southwest is responding to them. and some of the comments, we're aware of the issues we're experiencing et cetera, et cetera, et cetera. but this has gotten so much worse, if you're flying southwest, forget about booking a ticket if you're trying check in or something like that, this disruption because of the air fare is affecting other parts of the system. that's how great demand is.
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neil: and they should be surprised? if you know you're going to offer something like this, right? >> they prepped for it, they didn't expect demand to be this great. i'm trying to get from them how big is it? can you quantify how many people are on your site, they won't or can't. anyway, we're not getting it. a lot of people, cheaper. neil: and did book for some flights for yourself. >> i'm going a lot of places and all approved, every one of them. neil: that's fine. >> thank you. neil: in the meantime, we have a merger or one they hope to get through, again, in the media industry, dish and t-mobile. our jo ling kent is looking at this. would this be doable to pass all the hoops, as these things have to do? >> it's hard to tell, right? because we did go through comcast, time warner cable, it was a failure. looking at brighthouse charter and the seemingly pro stance of the fcc it may have more of a chance. it's across industry, looking at t-mobile and dish.
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>> and similar to directv and at&t. similar, not that big, but it's cross-purpose. >> you're right to talk about the size. a market cap of t-mobile 31 billion and dish network is 33 billion. the idea here at least for the consumer watching at home is all about the service that they can provide. you're talking about t-mobile, the number four provider and they need more spectrum. dish has been buying up the spectrum. dish is number two to directv and they want to form an alliance and they've tried to buy other companies, you remember, and it hasn't worked out. this is not the first choice deal so maybe by virtue of that, there's more of a shot of it going through. neil: they don't know what will stick, but they know they've got to have size and be together, you know. >> we're not getting comment, especially on the structure of the deal and what it would look like, the idea is to consolidate and get more subscribers, to really tackle what's coming, which is wireless, original content, how you keep customers as they cut the cord and as they
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potentially cut their satellite cord and how you're going to teal with the smartphones, especially as they become the main device ap the way you connect that and build the infrastructure is actually pretty complicated. neil: yeah, that's what i hear. jo ling kent, thank you very, very much. take a request i can peek at the corner of wall and broad. there's a sentiment out of greek prime minister's office that he's not going to budge on idea of forcing recession on his people yet again or that his people should bear the brunt of one after another. that's not received kindly in the european press and the financial community, they deem that as a sign that right now the greek prime minister is happy to walk away from any deal that he says would be daniel damaging to his people, that no deal is better than the deal presented. it could be bluster, but that kind of bluster is something that the traders don't like.
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>> all right. you know at first when we heaha1 >> all right. you kno it wasn't supposed to be live. neil: i understand that. did they know it's anthrax? >> they knew it was anthrax, they thought was inactive. neil: the purpose is to what, to
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>> the pentagon regularly ships live and inactive anthrax for biological detection systems. there were four batches of the potentially deadly pathogen sent from one lab in utah. it's a military lab, dubway proving ground and thought that it had been irradiated, but it contained live anthrax. neil: a series of questions real quick. fedex or sending this along, were they ever given a heads up, what you're sending, what you're packaging is anthrax, dead or alive? >> i'm assuming that the shippers knew that there was some by logic in the containers, but they didn't think it was live anyway. neil: even the pentagon didn't. certainly they didn't, so, you
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always wonder well, how would i spread this because everyone and his uncle are touching these packages. >> this number of labs that received it is going to grow in a big way because there were four batches originally and testing an additional 400 batches. i want to stress the pentagon insists it's know the a health hazard. it was very low and the centers for disease control is investigating it and 31 lab workers who might have come in contact with the anthrax who are undergoing some post-exposure treatment. it's not funny, but come on. they literally didn't know that this stuff was live. they thought it was inactive. neil: and how did they-- someone says, i think that's the live batch. dag dagen. right, right. and in case you didn't hear, a guy named rick perry, he's in
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the race for president. >> and that's exactly why today i am running for the presidency of the united states of ameri america. neil: he does have money and we're told he could have 10 to 20 million dollars, it's hard to quantify, but he doesn't necessarily have this person, a big fundraiser last go-round. calls himself a friend, but right now is with mike huckabee. i'm talking with andrea mcwilliams. very good to have you. >> good afternoon. neil: i'm sorry, why governor huckabee now and not governor perry? >> well, governor perry was a wonderful governor and glad to see he's in the race. i think the thing that rick perry doesn't have now that he did have in 2012 was the fund raising advantage of an incumbent. and mike huckabee i have known for a very long time. i think he's authentic and i think he's media ready and that no matter how you feel about
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his position on an issue, you know what his position is. i think he is the only candidate that has really taken on the clinton machine historically and won every time and i think that, you know, his base of knowledge and support across all the u.s. is important because in the past we've had the luxury, i think, in the presidential races in '08 and 2012 of focusing on domestic policy and i think that these different candidates that are in the race are now going to have to focus on foreign policy and experience. neil: that's very interesting. no, no, very interesting insight. typically it's the economy, stupid, but in light of isis and nearly seven out of ten americans say it's a top concern of theirs, i think you're onto something, but you would think that given governor perry's background as a captain in the air force, given his strong hawkish views, maybe i'm being too strong defining it that way, how would governor huckabee, he's a fine and
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wonderful man in his own right, get the edge for you? >> well, i think, one, he's known, and i think that when you talk about dealing with foreign leaders such as benjamin netanyahu and other prime ministers of the countries, it's experience. i think the obama experiment was a good one having someone untested no one really knew was something that america thought we needed. i think right now we need to return to a candidate that has experience and know-how and credibility. neil: you have money, others have money, a lot of the candidates are going to have money. like i said, it could be that governor perry has upwards of 20 million. we're told that a bunch, smart cruise, rand paul could be close to 20 million and chris christie could be 20 million and jeb bush could have 100 million, this race could drag
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on, right? >> this is a marathon, not a sprint. in '08 when guiliani sprinted ahead as the lead fundraiser in the republican race. neil: very good point. >> in the end you have to remember, i think, jeb bush will emerge as a fund raising favorite. i think that ted cruz and rand paul had the incumbent fund raising advantage as sitting nights senators and any savvy donor knows that even if they don't make the marathon they'll end up in the senate. neil: thank you for joining us. >> thank you, sir. neil: all right, following closely what is happening at corner of wall and broad. a bit of a selloff. host of problems developing in greece and concern and imf lecturing us. saying you know what, if we had our druthers we think you should hold off on raising interest rates until at least middle part of next year. the consensus they will start
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doing so this year. the imf essentially begged us to stop because they things are looking dicey here. but worse, dicey everywhere. yikes!. more after this. 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. for as the world keeps on searching for healthier... we're here to make healthier happen. optum. healthier is here. "what is it that we can do that is impactful?"
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neil: as you know there is a big jobs report coming out tomorrow. the latest read how we did in may. some people are concerned this could be a doozy. perhaps the most important of the jobs reports we've gotten this year. a trend that has showed a slow, slip-sliding away, not only jobs gain but wages gain.
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we are breaking out all sorts of stops here for this one. maria leading all-star panel what is going on, what this means. longer term, whether we'll all survive. humanity itself could be at stake. it could -- great show. great powers that be, which brings me to this next gentleman, david asman, who has been following one elon musk and this idea one of the richest people on the planlet needs any help from the government. we give him five billion bucks in help. >> $4.9 billion. who will quibble about 100 million here or there. he does seem to be drawn into these businesses that require government subsidies. on one hand i admire the hell out of this guy. he came here in 1988 from south africa, with no money. no family. had his brother. no mother and father. 17 years old. managed to get his way into the university of pennsylvania. got his phd in stanford. he didn't finish.
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was drawn towards business. sold his business in 20s. he is a great dude but -- neil: all of his businesses. all of them does he need them? he almost seems surprised and doesn't need it? >> "the los angeles times" has a terrific piece that details all of the businesses that require government subsidies that he is into. frankly they're going to be ostracized by all liberals in california that buy teslas. one of the crazy things about government subsidies, taxpayers are subsidizing millionaires in hollywood that buy teslas with a $500 tax break. they go further, with the carbon tax credits out in california which requires more taxpayer subsidies. stupid, likes "dumb and dumber." first we're dumb for subsidizing millionaires for bying a tesla. then we're dumber because the tax credits don't care where the electricity comes from. you have to burn a lot of carbon in order to create electricity. speaking of which, do you have an apple phone on your watch? you have an apple watch?
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unbelievable. neil: 5 billion. it doesn't make sense. >> it does make sense. add it all together, the teslas, $7500 for the tesla cars add up. what doesn't make sense is this, neil. he has a company that has market cap, add up all the stock equals half of what ford is worth. ford sells -- neil: doesn't need it. >> ford sells 70 times as many cars as tesla does without government subsidies. where am i putting my money? frankly called me old-fashioned i go for ford before i go for tesla. neil: thank you, buddy. thank you very much. we're getting more what is causing concerns back and forth from the markets from the greek prime minister. he seems to be getting tough on this. that he is not going to blink. so this could go very, very late. what are they six, seven hours ahead, david. >> something like that. you expect me to know about greece. i don't care about greece. but you have an apple watch. neil: i do. nice gift. what i'm saying.
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anyway, rick perry telling me that the economy stinks. he is saying it stinks. does it? next.
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usaa makes me feel like i'm a car buying expert in no time at all. there was no stress. it was in and out. if i buy a car through usaa, i know i'm getting a fair price. we realized, okay, this not only could be convenient, we could save a lot of money. i was like, wow, if i could save this much, then i could actually maybe upgrade a little bit. and it was just easy. usaa, they just really make sure that you're well taken care of. usaa car buying service. powered by truecar. online and on the usaa app. neil: all right. i'm trying to follow up through english versions of the european press and what they're getting on what has ajita going here, forgive me italian phrase, nearby greece is what is doing it. concern that the greek prime
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minister alexis is not backing down. he is socialist who was elected, greek people and overwhelmingly agreed they elected him. suffered enough and endured enough at hands of bankers that didn't care enough. he doesn't plan to dot imf bidding or germany's bidding f that means greece potentially gets kicked out of the e.u., unlikely, so be it. he is not being so blunt but it he is threatening. the dead lyne is getting close and traders are selling and sweating. we'll have more after this.
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>> with all due respect to the president i would say how about the 93 million americans that are out of work? i don't think that it is very good. the job participation rate is at lowest level since 1978. i feel i can it lies like '79 again if you want to know the truth of the matter. neil: rick perry says we're not firing on all cylinders. job growth has been anemic. wage growth is anemic that has been confirmed to type of jobs. yes, they are coming back. we're all greatful for that. but not that much for gangbusters. mark says he has got a point. chuck says he has no point at all. so from the right and the left,
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what to you first, what do you make of what he is saying? using that as a platform, things stink, i can make them better. >> neil there is not enough lipstick to cover this pig of an economic recovery. rick perry saying something there as an executive who created two million jobs and cut taxes 75 times. he hand other executives who are in this race are going to be able to compare themselves to this pathetic economic recovery of obama's. only thing a democrat can do when they have an economy like this, either run away from it, and none of the democrats will do that, or, they will redefine what growth is supposed to be. ronald reagan had 7% growth, 7.8% growth at this point of his presidency after an economic recession like obama had. neil: now you can say what you will of it. we're well off the mat from where we were six, seven years, ago. you would have to acknowledge that, but chuck, i think then the president might take a risk, democrats might take a risk, taking a bow, saying we were off
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to the races. i think somewhere in between might lie the truth. obviously the power, party in power will run with the good news. the party trying to get that power will run with the bad news. but i think, chuck, even you would have to agree, job both being what it is post the meltdown and post the crisis being what it is it is not the recovery it should be. what do you think? >> rick perry is from texas and rick perry is run in the clown car with republican nomination and trying to differentiate himself from the right, talking about the economy. that is what you have to do in crowded primary to differentiate yourself especially when you have a few flubs like my good governor. neil: just like your guy did six or seven years ago, absolutely. >> numbers don't lie. president obama came into office unemployment was 10%. now it is at 5%. neil: mark, what do you think of that, do he make a big point, pound the improvement. >> chuck is one of those really
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good with the lipstick on the pig. it is still aing. rick perry -- >> take it from a guy -- >> he is not talking to the far right. rick perry is talking to reagan democrats. talking to middle america think this economy stinks. they know it stinks. median income has been flat. the participation rate in the labor market is the worst it has been in 40 years. this, rick perry is talking to middle america. people in iowa will react to that. neil: chuck, speaking to nothing? >> well, what i'm arguing about is that we measure unemployment the same way we always measured unemployment. we measure growth the same way we always measure growth. i grew up in small little town in east texas. i have heard 10% unemployment is -- neil: wish we had more time. blessedly we do not. chuck, i know that southern accent only comes on for these appearance. >> absolutely not. neil: i kid you. great jobs. thank you. what if i told this entire race
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neil: i don't know what the greek term is for hardball but the greeks are playing it. we're getting news, they do not, again do not plan to make good on a debt payment due tomorrow. there are a couple of different payments we're talking about. this would be roughly 300 million euro, 310 million u.s. dollar payment due at the next tranche of money they owe.
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creditors and lenders in europe. they're not going to make good on that. this could be a bargaining chip here. you know how this goes, back and forth. one reason why stocks are down down. greece risks going into technical default here. that is not always the case. it means delaying payment, trying to work out something with your bank if you're running late on the mortgage. be that as it may, the greeks are saying you know what, enough is enough. this could get antsy. all right, but something that, at least would relief us here in the united states is the start of the nba finals. which my buddy connell mcshane tells me has to do with basketball. connell at the nba store in new york city with much more. connell? >> hey there, neil. i'm here for the nba story talking about the nba finals. true service to the program i'm
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quickly growing to love, "cavuto: coast to coast," covering my own story, nba finals and covering your big story of the day, rick perry. since i'm out among the peeps, i would check in with people walking streets of manhattan see what they know about the news of the day. with that, watch this. so we're going to play name association. i have three big names in the news. i'm going to say a name. tell me first thing that pops into your mind. three names in the news today. lebron james. >> great. >> basketball. >> good enough. >> cleveland. >> rick perry. >> no idea. >> government. >> texas. >> neil cavuto? >> no clue. >> clueless. >> presidential candidate. >> neil cavuto, fox business. or, fox news. i watch neil all the time. >> there you go. very nice.
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that's it. always one, neil. in this case there was only one. be that as it may, check in with the people, you have a lot of big fans out here even in new york. neil: i have one. what are you talking about? i have one. i could live with that. >> very nice lady, she seemed sweet. connell for your last report, that was a decent system connell mcshane. a great guy. he was. all right. humor, funny we need that. connell has that in droves. we don't see that often out of our presidential candidates. that is my buddy, comedian joe piscopo says is missing, right. joe is saying, i agree with joe on this that the problem we have with a lot of these candidates they don't appear, actually too fast on their feet or too funny. we had some of our most successful presidents if you think about it, john kennedy ronald reagan, great senses much humor. >> always. neil: no one in this bunch does. >> lincoln chafee. neil: let's go metric.
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that is crowd pleaser. >> he was on the show. i'm sorry, i couldn't resist. the governor was good enough to come on my radio show this morning. i can't wait to see the lincoln chafee-ben carson debate. talking about metric system and homosexuality in prison. that is pretty funny. neil: on to the next subject. you think humor is important? why? be fast on your feet in the debate. ronald reagan had the skill. jack kennedy. makes a big difference. >> got to be careful in politics. mayor de blasio on john steward. he went on, shootings up in new york. terrible crime problem. where did this come from. mayor de blasio joking about it. it didn't -- neil: you have to be careful. >> you have to be very careful in that regard. someone treated me, joe, you're doing politics all the time. what about comedy. its the same thing really. christie, our guy from jersey -- neil: has great sense of humor. >> get the doughnuts out, man. get the doughnuts out. do the weight jokes. got to go there. he is being too quiet.
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neil: get in front and laugh at yourself. >> run down everybody. ted cruz, if you're not going to be funny, don't try to be funny. joke about joe biden, not a good idea. neil: well he apologized for that. >> it was great. he is classy guy. i can run down. i have everybody here, there is nobody really that is, jeb bush. talk about iraq. hysterical. all you got to do. neil: dry sense of humor. >> not intentional but sometimes, when they make a mistake like that they should really -- neil: do we want comedians for president in this day and age? you're saying it is about being fast on your feet? >> i think so. you have to have a sense of humor. rick perry seems like regular guy. remember the cartoon glasses we're talking about? those glasses are working. watch donald trump june 16th. neil: does hillary clinton have a great sense of humor. >> donald trump has great sense of humor. he will poke fun at himself, will be great june 16th when he comes out.
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hillary, that is great point. trying to do jokes, it is not there. bernie sanders he sounds like the cowardly lion in the "wizard of oz." like, oh, oh. i love, i love bernie sanders. he is socialist. admits it. neil: lincoln chafee and metric system. that will not work at caroline's. >> bernie is good, joke around and talk about 90% tax rate. that is a joke. neil: laugh it off. joseph, thank you very much. great show. great guy. one of the hallmark heroes on "saturday night live." certainly the best sinatra. more after this.
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neil: want to let you know, ted cruz did send a congrat a laboratory message to his fellow texan, rick perry joining the race. on "your world" 4:00 p.m. eastern time. trish regan as she always does,
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keeps up with the big ol' newsmakers, lincoln chafee, former rhode island governor. he will spell out what he wants to do with metric system. you heard from, sense of humor. trish: means in kilograms, neil? could weigh less. that is good. neil: that could be very good. trish: could be very good for all of us. thanks, so much, neil. another republican candidate is throwing his hat in the ring. former governor rick perry throwing his hat in the ring moments ago. i will talk to his competition on the other side of the aisle. >> we'll be electing a new president in 2016. i enjoy challenges. and certainly we have many facing america. today i'm formally entering the race for democratic nomination for president. thank you. [applause] trish: former governor lincoln chafee makes his case to me why he is the one to beat hillary clinton. and why the u.s. should adopt the metricte

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