tv Cavuto Coast to Coast FOX Business June 11, 2015 12:00pm-2:01pm EDT
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the election. >> come on everybody can't we vote on all of this climate change stuff? we should be, you know, should be voting on it. my time is up. now here is neil cavuto. neil. >> a great discussion it was a discussion you had about affordable housing and administration now putting republicans on the defense about diversifying wealthy neighborhoods i've been watching coverage elsewhere. it is like republicans have to worry because if they oppose this they sound racist or they're not trying to have various elements in their neighborhood and i'm thinking to myself everybody thank god, finally finally we're going to get racial equality in the hamptons, and beverly hills. you know, the score you know what they're up to and talking about. incentive on part of the administration to and i quote to build affordable housing in areas a push to break down barriers to access opportunity. so if you're in all rich
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neighborhood, presumably this would be incentive to bring affordable housing. cheaper housing, maybe elements you do or do not fire department. and you thought republicans were upset in the tony hampton and in other exclusive around martha vineyard. blake berman in d.c. with what they're up to. blake. >> hi there neil good afternoon to you. i spoke to an official from hudd they told me that they will start to unveil really the details all of them here in a few weeks from now. this is a rule that is called affirmatively furthering fair housing. now that official that we with spoke with said that the goal is equal opportunity and they're pointing out, they're saying really neil that all this is going to do is clarify regulations currently in place under fair housing about. it means as you just spelled out that housing projects likely won't just be in poor areas, but
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also communities all over the country. here's the reason we've got a statement from them. on the record statement let's put that up only the screen quick neil. here's their reasoning they say hudd is working with communities across the country to fulfill promise per qawl opportunity for all was proposed policy seeks to break down barriers to access to opportunity and community supported by hudd funds. of course as we've heard just a little while ago, a lot of folks have problems with this specifically the legality whether or not the federal government can tap into zoning laws. critics say funding will be held hostage if cities don't plan for this. whether or not this is just the obama administration projecting a utopian youth throughout. >> they're looking at a notion that this is -- racism that is beginning on in real estate. and it is just not very very obvious. but it can cut both ways, depending on the community,
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right? >> yeah, certainly it can. keep in mind it is nots like as you mentioned this is one specific part of the country. this is a federal agency that would have -- this rule for the entire country and communities that at that point would have to take it and adapt it in their own right. critics at that point are saying if they don't implement it, what will happen to the money? i want to point out neil there's a congressman from arizona his name is paul, he was just on stuart's show a little while ago i believe he's behind an amendment that passed the house that would defund the whole thing. >> all right thank you very much. here is the effort you can fall into the media covering this story if you're against this, well you must be racist if you're akin to what they do now to keep them out of communities it is not done anymore we're told. but this might be the last fashion what racism is allowed and realtors are not allowing it
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finally freedom prevails in hamptons and prevail in martha's vineyard an prevail in cape cod and west palm beach. i think you see where i'm going here. but this is from the same crowd that is against school vouchers letting those in poor neighborhoods choose for themselveses with school or district they want to go to because they're in an area where they don't have that choice. very very different here. i want you to catch inconsistencies in this argument because it drives me nuts. drives this next woman nuts as well. republican from the fine state of utah. congresswoman, the double standard here is amazing. but leaving that aside let's take this to the full extreme. what would it require the sony communities to do then to open themselves up to -- to cheaper housing? that would, obviously, depress real estate prices? where are we going with this?
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what do you think ultimate end game is? >> i think well ultimate end game is people being used as pawns in this political game based on income leveling, social status race and gender. saratoga springs number one city for livability and affordablibility not because we put affordable housing in pockets of our city. not because we lowered expectations of what we thought people could do or couldn't do. but because we lowered our taxes we meads sure that our property tax only paid for firing and police and therefore we ended up people ended up having enough money to buy homes or pick homes in areas of their own choosing and neighborhoods of their own choosing and creating a natural diverse area. and so you know, utah does a great job too. we went from i put up an article in utah that talked about utah going from 1,932 chronically homeless to 178 in just ten years, that is what you do when
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you actually put the decision making if in the hands of local local municipalitiesing and states. >> now, a lot of local municipality states have the opportunity when i think in in of those localities is the law that it is a big if they say they want to build affluent housing that they must have credit space or zone the side to build affordable housing in that community. all of those communities just take a lump sum check and they do frankly what they will with it. but is this the administration's efforts here to sorts of balance out these communities and if that is the case, if it is really -- a code racial issue, is it going to have a effect on real estate? because then all of a sudden communities that once had high price real estate just to balance it out, regardsless of who bias more affordable homes will by nature get depressed? >> problem when government gets too involved in any issue, yes it is going to negatively effect
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real estate. when government gets involved too much in one issue. same thing always happens. prices go up. quality goes down. and that is what we're going to see. so instead of looking at people and liabilities that the administration needs to manage we need to look at people as assets give them the opportunity to rise to the occasion. we have solutions here to help everyone and diversify all sorts of neighborhoods and areas. give them the opportunity to be able to let's bring the price of tuition down. allow people to spend more time paying into their -- investing into american dream. >> federal aid or money as hostage to do what you think is a politically correct gain, right? >> this is an opportunity crisis. we have people in washington that think they're helping the poor and most of the time that they're hurting the people that they've actually vowed to protects. we've got to make sure that we're the champion for people. every opportunity we have to make an area less poor should
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be -- should be spent on making sure that wire putting these decision making back into the hantsdz handle of people and municipalities. we were successful in our city, and state age administration can take note from what we've done. >> congresswoman thanks very good having you on again. throughout the day you're hearing back and forth on this sphoirp i want you to remember if you're for this then you have to be consistently for everything that goes along with this and some of those tony homes along the hampton, line across the beach who think people ho dare walk across the stand that separates them from the atlantic ocean. regardless of their color. and are arguing in public for the need to do something like this. but wouldn't have it in their same neighborhood i have have greater respect for those who would welcome coming to hamptons those who will welcome it comes to montauk. those who will welcome it coming to the tony communities on this planet some liberal but i say
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that will be the ultimate measure by which you judge this proposal success. it is all welcome. that it isn't a black or white thing in the end we can dismiss the notion that it is a green thing. i'll be waiting. i'll be watching. we'll be reporting. in the mine meantime we have a fight in the banking industry. charlie gasparino on this one you've heard that jamie diamond and liz warren don't see eye to eye. i would say that is an understatement. >> but now apparently in texas for calling her liz and now he's being deemed condescending because she doesn't know much about the financial industry update me. >> i would say this knowing jamie diamond as well as i know condescending to everybody. [laughter] >> he's a very nice man but kelly has strong views, you know if you work or for him at jpmorgan it is a grind.
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you know he's a tough guy he works all of the time. >> like working with you. >> yet. >> doesn't suffer -- >> how does he do with millennials? >> get into that tomorrow. doing that tomorrow? [laughter] >> all right. but he has a basic issue. jamie diamond wants to keep jpmorgan chase as current form. a big bank commercial bank, a big security firm, all under one roof. when it comes down to elizabeth warren whether you like her not a socialist she wants to break that bank up. she wants to break up mega banks she believes size of these things was at the heart of the financial crisis the fact that you have federally insured commercial departments with a entity that is only the hook for too big to fail banks. not saying her prescriptions are rights but she's right and jamie is wrong on this issue. >> but the key component of dot frank fail to address that. >> we have -- listen we don't have merrill
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lynch sub sued by a bank of america. we don't have lehman brothers that is consumed by barclays. but we have less numbers of banks with greater amounts of risk. and god forbid that something falls through the cracks that the dot frank regulations don't pick up which something always does. you can have a mass -- a catastrophe on your hands. and the question is for jamie and i've had this debate with him a lot of times why do you have to be this big and spin off your commercial bank and let that be the place where a lot of -- risk isn't taking because it is federally insured stuff but managed appropriately and over here you can do whatever you want. >> not at the way he and other bankers are portrayed that is what i think if the way warren is portrayed that it is just condescending you're evil -- >> the problem with warren is yes. that she's demonizing business which is really bad. i think the other part is her prescriptions for all of this is
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socialism essentially. it is not the free market case that i meads. i just don't want taxpayers to be on hook for $3 trillion worth of liability. because of fdic insurance on deposits which the whole thing goes under, they would be. if you want to be a combined thing, here's the free market way of doing it. you don't get your -- deposit. >> let me ask you quickly on this. before if bank of merck were in trouble wouldn't we rescue it? >> that is at the heart of her criticizing here, and if you break them up, theoretically there's a way of doing this, the commercial bank with the federally insured deposit which we owe people want that up to $250,000 that means just about everything that they have, you know that bank dunts take the risk. that the security's firm does, and this one holds less capital that one holds war. and we're not on the hook for this one. >> but we technically are. the way things are now.
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>> when they're combined question of to. things go under it is armageddon had this argument before. if you can't use your credit card and credit sea sup can't get a paycheck because fox cannot rollover comerl paper that was happening in 2008. that is the end of the financial system and that could happen. >> speaking of our fine company thank you very much. changes going on here, not the end of the technology system but some changes right here in our home enacted. connell with more on that. connell. >> neil today is the i think chai's of 21st century stocks it is a story about people. big time leaders in the media world beginning with rue forget murdoch and now at least starting to take shape mr. murdoch will hand over ceo position of 21st century fox to his son james. first point to make her not an unexpected move. talking analysts and expected move murdoch james' brother
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under this plan as it is put in police place. key points to make in talking it an analyst before the show. chase kerry currently officer of 21st century fox reports say he'll leave that position a day-to-day role and assume another position at the company. how that is defined seen by the analyst is a key going forward. finally ron who runs this network and fox news channel will continue to report directly to rupert murdoch, so all of that happening today. enemy back to you a quick check of the stock it hasn't been moving down a little bit. that is our apparent 21st century fox. >> for the stocks down or concern is the chase kerry a nonmurdoch outside a figure and dominant tin fliewn cial. favored by wall street comurnl and -- scared of that. very, very respected mr. kerry, and a curious as to what the new
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role will be. in the mean tile b word is gaining traction right now. bubble everything you see going on in the stock market right now is temporary. and before everything hits the fan -- a new name added to that growing list of worry warts. after this. ♪ (music plays throughout) ♪ the pursuit of healthier. it begins from the second we're born. after all, healthier doesn't happen all by itself. it needs to be earned... every day... from the smallest detail to the boldest leap. healthier means using wellness to keep away illness... knowing a prescription is way more than the pills... and believing that a single life can be made better
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nothing of what has been happening in prost companies across the countries like target and so many others we were told it was a timing issue. and they're looking forward to another harling they're planning on a different matter. i don't to get into that. but also comes on the same day of the congressional baseball game. that was planned for tonight. that is still on. coincidence? you decide. all right -- [laughter] bubble forms got along and six and a half plus market rally. you heard george saying it is and carl icahn and steve saying it is, and growing number of people saying it is a 60, 70% chance it is going to happen. so market pro se they're all wrong. they're saying it safely in bermuda. you say not to worry, why? >> it is hard to disagree with these guys these are brilliant
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people but look at the historically big market created since 1887 average has been 18 years. shortest from 21 to 29 has been eight years. working at 6.2 right now. when you look at the historic evaluations we're within normal range. when you consider interest rates multiple expansion that is what we're seeing right now. we have a lot left in this bull market. >> what does that mean? >> i think years, i think it is hard to say because i don't see anything coming forward that is a catalyst for this to go down. look credit sweeps makings a great argument in this. hard for the fed so say before when all prices fell it was simply a matter of demand but now probably of supply, and also falling old prices mask inflation so fed wants to keep interest rates low disper inflation hidden a lot by falling old prices. one catalyst that can -- make this bubble happen sooner is the retail investor. you know they tend to come in
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when prices are high and sell when heir they're low. i think back to the bubble station i think that is only catalyst in next two years that can cause this. >> formaller professional wrestler if you disagree with him he will hurt you. [laughter] >> you hear what is beginning on tomorrow new fcc new rules kick in. suffice to say one big selling points has been your internet provider can't gouge you or screw you. so that means that if it is a comcast others, they can't really -- set speeds or start gouging you without the fcc stepping in. well it is not qiets that simple. according to the fcc commission who is not buying the fact that this is -- you were not keen on some of these changes but changes are coming. what is the biggest one we'll notice let's say tomorrow. >> the old first thanks for having me on. i think big etion change is
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simply governments micromanaging how every manages its network whether it is last mile of connectivity or interconnection with edge providers. that is something -- >> stating their point preventing some of the big guys from messing with us or gouging us. you say -- >> first of all, there's no problem here to be solved over the last 20 years, in fact parking lot internet has been free and open precisely because there hasn't been a government overseer and a lot of competition. >> guys have been free for internet price or to charge some content providers more if they take up more space and netflix ore what have you, and we indirectly pay for that. does that change? >> actually that practice doesn't exist in the united states. and i think a lot of the leading internet service providers have said they don't have any interest in doing that. >> comcast was kicking it around. maybe guys like you and bhara not doing it but temptation they they wouldn't? >> actually what we've seen here
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is there haven't been any major efforts along those lines so if there were there would be one thing. biggest fear. what is going to happen that you were -- raising flags before anyone? >> my biggest fear is that we're going to have less broadband competition because service providerses who wants a competitive alternative to big guys say look these regulations are too hard to comply with and won't invest. we've seen service providers holding back because of the regulatory uncertainty. >> i promise you i was going to ask a question -- but will our internet here be any different than it is elsewhere. in other words you always hear the rep we have given up our role as a dominant player on the internght or our control i guess for lack of a better word have we done that, and does this contribute to that? >> on the brink of doing that. the reason is the united states uniquely among developed nations
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has embraced free market overt fast few decades back to the clinton administration. but by reclassifying internet as europe has done and other areas have done, we risk putting that internet economy that is the envy of the world at risk. >> all right then again we'll slowly start the evidencing stuff tomorrow as the new rules kick in, i will not say things like net and that stuff. that mess i'll say that. thank you very much. meantime it is a mess what is beginning on with isis when we have former top generalled administrations saying it is losing a fight to isis man oh man you can say that gets a response including next from a democratic senator.
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administration needs to fake a big step back to evaluate the whole thing and make a big decision about this neil. number one i think the president nides to tell the american public what is it we're trying to achieve be very clear. >> that is a big deal that is president's former tom intelligence director saying we're losing isis is winning not good. this on the heel of sending 450 additional troops or plans to iraq to help the iraqis out. is it too little too late to democrat bob casey do you agree what the general is saying not confident, very confident when it comes to isis that right now it is winning? what do you think? >> well neil number one i think sometimes word like winning and losing don't really convey where things are. but look lately they've had the advantage and i said from the beginning of this way back att the fall of last year, this is going to take years to meet the president's to degrade and
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defeat them. and it is important that we have periodic debates about them. but first thing that we should do is have a debate about the authorization for use of force and at the same time even congress should be able to figure out a way to do two things at once and at the same time to how the strategy is implemented and needs to be completely revamped i think it is a strategy. i don't get a sense of either side of pennsylvania avenue that there is one. >> i think there is in this sense that president wanted goal to dpe grade and defeat isis that is the goal. he's working with a 16 nation coalition that he put together and his administers put together, and then, obviously, coupled with that are military plans to do airstrikes and continue to do that and train rs and 100 new folks on the ground but missing main point to have
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the authorization of congress. >> is that going to make a difference of couple of hundred, 450 men or women. i say nothing against 450. but wondering investing things with isis and control of a third of iraq half of syria large territory throughout the middle east four countries that that is going to really move the needle? >> it may not. you're probably right that that snot going to make a huge difference in the short-term. but neil here's the problem, every time they are not doing quell in washington we should send combat troops that is a mistake. number two if you're sending combat troops that are american guess who won't do fighting sunni and others in the region that should be doing fighting. it isen time folks in the region took responsibility for their people and territory and did fighting we can help them in a lot of ways. but the idea that the only solution when things aren't
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going well is to send in combat troops is a faulty assumption. >> all right senator thank you very much. we appreciate it. >> thanks, neil. >> in the meenl time do you remember sites out of baltimore big riots? >> they're now i want you to hear the rational, why they happened. no trade pact no trade pact, no trade -- before trade pact we wouldn't have seen this. are you serious? are we live on the same planet? after this. the real question that needs to be asked is "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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>> all right i want you to think about this. been what five, six day since they broke out of the upstate prison so they could be their. they don't know. but david lee miller following them from west plattsburgh, new york with the very latest. david lee what can you tell us? reporter: you know, neil i have been here since the manhunt essentially got underway this is now the 6th day, and now we are watching what is clearly the most intense search for these two inmates. we're eight miles from the prises we're at a road block on route 374. this road completely closed down now an entire perimeter sealed off because authorities believe that the two inmate it is are in this area based on sniffer dogs picking up scent of the two fugitives this entire area essentially under the lock down
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residents warned lock doors. school has been canceled numerous helicopters for past several hours have been hovering overhead. resident yes they are on edge, but to some extent now feeling encouraged. listen. >> i -- hope they find something today. they seem to be on to something with what they have going on with such a big operation going on over there. hopefully they're on to something. reporter: in another development deal, the district attorney here says the civilian employee joyce mitchell who worked in the tailor shop and befriended inmates is not under arrest or custody. distribute attorney has told fox news that she is cooperating with authorities. sources have told fox that is believed joyce mitchell helped provide inmates with power l toos used to breakout. but as of right now they say she's not in custody for under
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arrest. that is latest from eight miles from the prison as the search intensifies. neil. >> incredible david lee miller thank you very very much. now you've had all of those problems in baltimore over last few months in a protest, riot, police problems, people going at each other's throats, right? who knew that was all because of trade packs? trade agreements, that were bad for baltimore residents and particularly those in that community. that if not for that probably would have been no uprising at all that is one of the reads you're getting out of the cio. now i don't care whatever your views are on whappedz in baltimore but i think it is a slight leap to blame trade agreements for what is going on there. by that map, and by that definition, every community in america every poor community in america could have had the same fiery problems. but they didn't, did that? i retired colonel allen west,
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under unions do crazy things. ic i've heard everything now. what do you make of this? >> well i think that what you're saying kneeling is political opportunism from richard trump. when you think about unions what have they been doing to promote american economic competitiveness? when you look at the states where industry and production and manufacturing have been leaving to go to right to work states? i think that you have to start looking at themselves and the unions you know you look at detroit and other places where we have seen the decline and production in manufacturing, and in those type of industries like you saw the steel industry. >> as soon as you know because those trade agreements did. they stuck american jobs away and if not for that we wouldn't see the destitution we're seeing and then anger that rises from destitution. what diewrng? >> that is rahm emanuel never
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let it go to waste but let's talk about tax and regulatory policies that are antibusiness, that are causing a lot of businesses to close and a go away let's look at our education system and the process there where we don't see the training for skill workers anymore basically what you see happening in urban centers and schools essentially is teaching kids how to take a test not creating a productive citizen here in the united states of america. so i think that the unions have a lot of culpability in what we've seen happen in the loss of production manufacturing. certain industries here in the united states of america. >> all allen west very good seeing you again. i want to bring this to your attention mainstream media not taking away from coverage but formed to a approach to any crisis and one crisis they have to throw money at him. like warren poverty trillions later all of these years later no real measurable improvement. poverty yet we need to spend more money. a good example yesterday if we
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spent more we could have avoided this. now that doesn't work and on the trade agreement. you have to step back at some time and say really? is this about solving a problem or just voicing that agenda? but again, i don't know. all right do a lot of you remember when richard branson last year said this? >> if anybody wants to take holiday any time they can. but what if everybody did it at the same time? they must get the job done and company must keep running, and so flexibility people want to work from home. should be able to work from home. >> but thinks he's doubling down on holiday thing because if you're a worker who is a key bit pregnant and if you are a significant other, and you're wee bit excited for the child to come, you can have one year all of a sudden full pay or behave. after this. ♪ ♪ ♪ (singing) you wouldn't haul a load without checking your clearance.
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six weeks -- really? let's make it a year and call the whole thing off. richard branson richard branson who is a or very renaissance guy turns it to gold thinks his work reverse golden saying now virgin group that this is what will be now standard procedure mom or dad to be gets up to a year to be home with the little offspring. now, better like that little offspring. what makes of this -- >> richard branson is a whack -- jumps off buildings to promote his initiatives. >> makes money -- >> with a naked model off his back i know -- >> problem with that. will fully respect. but he's a brilliant billionaire whack doodle and big fixated witnessed when he was on your show him sitting in the green room fixated on talking to other ceos to find out what that i
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doing for their employees to make the work experience better. and he's going far and above what any company certainly in the united states is doing. >> how can he afford to do? >> only about 140 employees out of 50,000 that it applies to specifically for employees working in london and geneva for companies investment which is virgin management. you have to work for four years to get 100% benefits of 100% pay for one year. i have -- i'm guessing that this is an experiment that he's doing but it is for the mom and the dad and that is what is so unusual. >> but very generous to limit vacation policy understanding being that if you do it -- you'll be thinking i'm very considerate of your colleagues not to overburden them and it works for him. i'm wondering very little turnover. so truth be told something is working there, this would apply to fathers as well. >> yeah, right which is the more
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unusual part in this country. but let's step back and along at the united states for a second. yiet at the federal level has no guaranteed maternity leave even. no guaranteed parental leave at all you get family medical leave 12 weeks unpaid leave for a family need. your job is guaranteed but you don't get pay. like paternity leave there's companies that offer very generous paternity leave but usually technology companies ore bank of america offers 12 weeks. >> wining about our american policy? >> i'm wining -- how about the people who choose not to have children? who do they get for picking up the slack when people are taking care of their kids? >> that is -- >> a hater? >> you get a tax increase because people who choose not to have children don't get tax brex and a marriage penalty and that is it. >> you don't like our kids? >> you know what i hate more than your children --
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i'm sorry. >> my children? >> you heard that. >> you know what about your children -- i hate that accent you do every british accent you sound like mike myers fat bastard or austin powers. >> referring to a character and not the said anger. [laughter] look at the time you have to go permanently. thank you. >> you're welcome. [laughter] >> all right. this is something i think she would have got upset about everybody medicine prices they're rocketing up. and the health care law might have something to do about with it. dealing with all of the fallout again robert we have to worry about premiums going up. all of companies blue cross across one city state and another looking at double digit increases they say are direct results of the tactic and afford to pay for benefits they're now
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demanded to offer. now it is worse than that. medicines key drugs going up. explain. >> well, key drugs are going up. health care costs generally are going up about 2 to 6 pbt baseline for doctors and hospitals. prescription drugs are going up about 15% right now. and much of it is the brand of drug, lipitor which has been around for decades and where or there are many generic substitutions are up 32 years so we're seeing incredible increase of that. >> a lot of guys saying it is all because of the affordable care act but almost as long as i can remember -- prices for drugs coming off that, on that they've been rocketing along. is something changed here? >> no, let's be clear these drug prices are going up for all insurance plans whether it is medicare or employer based or obamacare. so i don't think you can blame obamacare here. >> overall cost inflation is
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going down or low fest rate of increase we've seen in decades. if he's right on that then affordable care act is not the problem we've been making it up to be. what do you think? >> you mixed and meshed couple of things there. health care inflation is lowest it has been in decades an one insurance company after another in the last month under obamacare has asked for large increases. high market share insurance companies very often are having for 15, 20% increases nothing to do with health care costs per se. health care costs even with prescription drugs are only going up in total around 7%. what is happening with obamacare is obamacare hasn't signed up enough people only about 40% of people who are eligible for obamacare subsidies have signed up that is not enough people. pool isn't big enough to get healthy people in there to pair for the sick people. that is why obamacare is going up. now in overall health care economy prescription drug costs are really sky rocketing much
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more than any other part. that is a separate problem that is another issue really to examine. >> so many issues so little time. but thank you in the meantime as we get going on this. but again latest development medicine, pricey drugs, getting even pricier. all right now you know this guy -- if you've seen him on tv where he fixes up these bars gets them straights. making money. how do you do that? how do you do that? when all of a sudden those bars face another requirement -- automatic overtime pay -- for workers who make up to $52,000 a year. now what do you do john tapper? we'll ask him.
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impeccable british accent a viewer wrote me saying, mr. cavuto i think your new zee land accent is dead on. okay. viewers from new zealand elsewhere we're talking about changes you've heard a a lot about the overtime thing. i want to cut to the chase here's what the administration wants to do up to 3,000 and boss tell use to work more than 40 hours he has to give you time and a half. in other words you have hourly pay, whatever it would work out to plus time and a half. now you know that. now all of a sudden that administration wants to up that to workers 52, 53,000 that changes everything for the boss that changes how he or she allocates where workers go a and if you're a host and whole idea rational is helping these small businesses turn things around to make money. john tapper that has been thrown at you.
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what do you do? >> it is a real handicap neil problem is that in the bar restaurant and hospitality business a lot of managers lower level and mid-level managers earn between 30 and 50,000. >> all be brought in to that. >> it will be drawn into that. >> all of them. typically, unwritten rule is you work about 50 hours a week when you enter management in this industry. so you work ten hours a day you're five days, but you get ahead because of those pex tray ten hours a week. you learn more. you interact more. you get more experience, so now by the new rules a great manager can't even come to work to put in that extra time. >> he has to pay himself more. >> pay himself more. now rule is that these establishments don't have nearly as many people and maybe be exempted we don'ts know yet. but how advise a business that is facing this -- cut hours, what? >> it is difficult to limit your
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manager to that few hours you want them on the floor. interacting more, you are probably stuck paying the overtime on your better managers which is really unfortunate. or get everybody over the 53,000 level. you know, consequence is negative either way you want to highlight something in 2006 60% of small businesses were owned by families. now 42% of small businesses are owned by families. that 18% drop neil is really bothersome to me. and these are the kind of things that impact small business and families and the majority of these small businesses are female run. so this is the whammy across the board that impacts all. >> very welt said from the fine was las vegas. john thank you very much. always good having you. all right you've heard this talk back and fort. what do we do with entitlements and, of course, we were in orlando last week governor mike huckabee says he wouldn't touch social security all things are just fine.
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is it? we'll ask charlie rangel on the other side. and then joe on one george clooney is he kevin costner? ♪ ♪ l like this. copd includes chronic bronchitis and emphysema. spiriva is a once-daily inhaled copd maintenance treatment that helps open my airways for a full 24 hours. spiriva helps me breathe easier. spiriva respimat does not replace rescue inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva respimat. discuss all medicines you take even eye drops. if your breathing suddenly worsens, your throat or tongue swells you get hives, vision changes or eye pain or problems passing urine stop taking spiriva respimat and call your doctor right away. side effects include sore throat cough, dry mouth and sinus infection. nothing can reverse copd.
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spiriva helps me breathe better. to learn about spiriva respimat slow-moving mist ask your doctor or visit spirivarespimat.com two streetlights. the only difference: that little blue thingy. you see it? that's a sensor. using ge software, the light can react to its environment- getting brighter only when it's needed. in a night it saves a little energy. but, in a year it saves a lot. and the other street? it's been burning energy all night. for frank.
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>> we're a couple hours away thereabouts, from the irs, how they plan to reassure taxpayers you'll never see your identity compromised or it will end up in the wrong hands. this of course on the heels of a report that better than 4 million records got out of their hands into the wrong hands and a lot of those included federal workers. but it's happened a number of times particularly at the irs. is it the same institution that you know? it got in trouble a couple of years back when he was targeting conservative jups. the former irs commission joining us on the phone. mark, they're going to have to find a way to counter the
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latest bad headline, but goes back, can average folks trust the irs? most are more afraid of the irs what do you want to hear from them in a couple of hours? >> let me congratulate you on your new show. you've got a lot of stamina to do all the things you're doing and thanks for having me. neil: i appreciate that. >> i do think that this is an important point because first, leave the irs out of it for just a second. everybody is increasingly concerned about the security of their own personal information. so this is a very broad issue, it doesn't matter whether it's target or one of the banks. we've got these hackers and the criminal rings all over the place. so this is part of a bigger issue that we're coming to grips with. the second point is what you just indicated, the very really damage to the service from the targeting problems several years ago, it makes it the government or rather, the
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citizenry, even more skeptical about the government and the service not to mention the office of personnel management the 4 million records. and that's a worry because i was in the government. so this is everywhere what the irs has to do it has to make taxpayer privacy job one. above and beyond. all else. if that means it slows down the process it takes a little longer for someone to get a response to a query, that's fair enough. it needs to make recommendations to congress about what it needs in terms of administrative changes. right now, i don't know if you saw this neil. but there's a new report out that says that the service didn't get all the information it needed from the affordable care act to hhs and what needs to be done, maybe, sit down with finance and ways and mean
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and resequencing of filing. and first information about the tax credits come in from hhs or exchanges that didn't get the information in. and then the proper controls. >> and mark you ran the place. i don't see people getting fired. just like at the va and handling our veterans. no one has been fired. i know it's not the automatic response, but you shake things up and if it's a conservative fiasco and then this yeah we lost your records and we're going to deal with it. it doesn't seem like the irs has any skin or concern in the game. every time we have the reassurances, i'm not reassured. we'll see what they have to say today. i think that part of this is they do feel beaten down. they're hunkering down to a certain degree that's not healthy and you see the result neil. and the house is going to strip
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away more money. neil: if you became president. i know you have an uphill battle there. it's a sore point and there might be a way around that. many of the guys doing against this, shut the irs down we don't need it. >> well first of all, that's wishful thinking we've got to pay for the name and pay for the social security and for that data collection piece, someone says you should break it into pieces. the connections, the data connections are harder to manage if it's amongst federal, different agencies. so that's not a good solution, but what i advocate as you know, old tax reform where you put in a consumption tax and you can take 150 million people off the income tax rolls and the business rates, it will get the economy going and it will neil, attack the real problem that you have today. you have 150 million americans that aren't filing tax returns, the irs isn't going to be cutting them checks.
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there forethe bad guys-- >> it's a very good point. >> exactly. neil: always a pleasure thank you for taking the time on the campaign trail. >> good to talk to you, neil. neil: mark davidson. we're learning about isis and the threats that are here homeland security secretary says they're all in 50 states and we got a confirmation of that. republican congressman is joining us. what do we know about the latest cases, one involving a 17-year-old? >> well, hey, neil. thanks for having me on. you know we don't know enough right now and i think in congress we don't know enough about the administration's general approach to combatting the infiltration of isis into our society. you know as of a couple of months ago, they had not confiscated a single american passport, even though they documented over 100 american born fighters have gone to serve with isis. so, i think there's a
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vulnerability here for the american people and of course as isis makes gains overseas their propaganda network is used to inspire attacks against americans here. neil: do we ever know -- i can understand malcontents and those who are bitter and would go to a group like this. have we ever seen a connection with someone from isis over there coming here to personally do the recruitment? because that would be the next level of worry. >> the thing is if they have not had to do that thus far. i mean the first suicide bomber over there that was american was actually from florida and that individual traveled over to syria, conducted terror training came back here unimpeded to the united states. now, he wasn't necessarily trying to recruit anybody else but he had been radicalized and trained and went back to syria and committed a suicide attack. the thing is there's a
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vulnerability, if the people are allowed to come into the country they will be able to recruit more folks. with the power of social media. they've gotten a lot of people to join their ranks whatever ever having to have personal contact with them. >> amazing. congressman, thank you for being on top of this. we appreciate it. >> thanks for having me. >> we've told you many times on this show to put isis in some perspective. here is how big, bad and unruly they have become. al qaeda, al qaeda is afraid of them. boko haram has joined forces with them. and now it's losing money, losing out on recruitment, it's losing business to isis. isis is the game al qaeda is not. it's a matter of time before this wounded animal then joins isis like boko haram. captain chuck nance says get ready tore the next chapter. that's a scary chapter. what do you think is going on?
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>> obviously the strong horse in this fight and the fight is not just between sunni islam and shia islam, this fight is an internal civil war inside sunna islam and the old brand is al qaeda and the new brand is isis and the reason why the new brand is winning and the strong horse is because we were very successful in driving interest the al qaeda leadership into hiding and so now if you're out on the battlefield which is syria and iraq, and your leader is hiding in a cave somewhere in pakistan and the other leader is walking around with an ak-47 and talking bad stuff and preaching from the pulpits, al baghdady. you're going to follow the one in the lead. >> one of the money guys here i'm fascinated how isis got
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going by immediately addressing first and foremost how to get money when it was first a threat to assad in syria. it wanted to target the oil fields and capture that in the black market for the oil and instantly provided them taxes. and make it especially violent, and especially gruesome and start beheading people and western journalists and light guys on fire. capture christians butcher christians, there is a perverse, but methodical madness to what they're doing. >> it's absolutely-- neil you just summed it up perfectly. their whole idea is to come into a village, a town and take it over and do things that are so barbaric they instantly pacify the town because nobody's going to stick their neck out so to speak and do anything against these guys and anyone who dares to not even sign up to their program, they're publicly beheaded or
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some bad things happen to their family in public view. no, no these guys are the nastiest of the nasty and consider themselves the true believers. and al-baghdady, as if you recall he used to own the al qaeda franchise in iraq which was and turned it into an organization that took over the al qaeda franchise and started fighting in syria. that's with where isis has taken over. they've not taken it from syria's government they're fighting for pre eminence in the whole sector. neil: and they first did it by targeting money. by targeting a way to keep them financed, which was brilliant while they were being gruesome. >> when they did that they became big enough to take over cities and cities have banks in them and they took over the banks and all of a sudden, they
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have all the money. neil: $2 billion at their disposal. >> yes, sir. neil: thank you very much good seeing you again. >> you bet, neil. neil: take a look what's going on at the corner of wall and broad. the stocks are going by signs that we're coming back more than a little bit. retail sales looking pretty good. connell mcshane on how they're all doing. >> a pretty good number neil this morning and i have a serious retail analysis for you followed by a ridiculous retail story that might if nothing else make you laugh. the numbers are better than expected, people are buying cars, and memorial day promotions working, and that kind of thing, conclusion at the end of the day the fed still raises rates most likely in september. people are thinking the economy is getting better. good we've got it. a question to you as i go to the next part somewhat ridiculous we saw on the internet. do you know what a dad-bod is? it's a big fad out there now. neil: yes, i do. >> well the dad bod fad,
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started-- for people don't know a girl wrote a piece and said the hot body is apparently the quote, unquote dad bod. neil: hello, ladies. >> you're not exactly ripped say like neil, but you're not out of shape. like me not out of a shape, but the little belly and apparently what the ladies like i'm told. anyway, use that know that. here is the thing, jim grant, you know the investor jim grant he has a piece out he's suggesting that we short bet against under amour stock because of the dad bod trend. and nobody's going to want to wear under amour because the shirts are too tight so bet against the stock which has been up huge. so i leave you with that today. and put together for our viewing audience something we're calling the under amour superhero. and the boomers coming up at least tomorrow on the show i don't know if those are dad bods or not. not gasparino, by the way, he's
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why your rent prices have doubled and tripled in some cases and scrambled eggs is about to become a luxury in in country. you have the bird flu, 47 million chickens and turkeys have been killed and trying to get a handle on this. there's going to be an important senate agriculture committee on this. how big and widespread this problem is. it's one of the things behind the big, big run up in food prices. you factor eggs in the equation they didn't move up so much, but they've moved up a great deal. all right, you've heard the big brouhaha that jamie dimon and liz warren going at each other. the new develop on this seems to be at least from some websites. jamie dimon referring to the massachusetts senator as liz, which is sort of right back to when barack obama referred to the massachusetts senator
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elizabeth, on this time on the liberal sites, the man bashing seems to be more focused on jamie dimon than on president obama obama. that could be me. whether or not he's sexist well, hello, darling-- kidding kidding, i had to try that. >> hey, sweet cheeks. neil: is he? what do you think? >> not at all. i'm astonished at the immediate headlines based on one quote, quote i don't know if she fully understands the global banking system. that was the quote and then you get a headline and one you just showed, here little lady let me tell you how banking works. that interpretation by the liberal media-- >> he didn't say that. dagen: no of course he doesn't, but it's the let me explain to you. neil: he didn't say hey, darling here is how it's done. dagen: she doesn't fully understand the global banking system. it's based on that quote alone.
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to me their interpretation shows a different gender bias. neil: oh. dagen: why is he talking that way? oh, it's because she's a woman. no, because he disagrees with her and may not like her, but doesn't have anything to do with her being a woman. this is something that she put out there liz: i don't think that he understands fully the global banking system which is why he hires a lot of people to help him understand it. is he sexist? i'm so oblivious to-- >> you discovered in your car, an a illustrious career for-- >> i don't know. neil: in the early days were you treated because you were a woman or men talked down do you? >> i don't remember. in it happened, i ignored it i don't care if men tried to behave that way. but jamie dimon has an issue here because elizabeth warren wanted him booted off the, know
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new york fed, and-- >> did he ever say anything sexist? >> it came off as a little off-putting and not the right way to respond to an elizabeth warren who really wants to regulate the banks and say break up the banks and break up the banks and you wouldn't have to have congress women, elizabeth warren and others saying we need more-- >> she's created this image of i don't play golf, i don't smoke cigars with the boys. she's heightening the perception of wall street as being only an old boys' club and you know what? it's full of dudes. it's full of men and that exists, existed and changing. neil: if hillary clinton is the nominee and she's challenging a male republican nominee, is that male republican nominee have to watch himself the
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media would portray anything he does. >> not anything, but be careful in front of the camera and see it with jamie dimon how you talk to a woman because it will be viewed as sexist liz: for men, men shouldn't be obnoxious and should be more away how they come across. elizabeth warren wasn't the only one calling for breakup of the banks, it was sandy whelan and richard fisher and james bullard were saying the same thing. neil: maybe she got the attention because of the impression of liberal groups was that he sought her out and said what he did because she's a woman. you don't buy that? >> i think it's a distracting headline. i think there will more important things to talk about. dagen: historically he asked about us working all of these years and how men talked to us. if somebody talked to me in a way i found repugnant, i'd tell them to their face don't talk
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to me that way and don't ever do it again. i'm a little scary. people outside of the workplace think they can get away with it and they stop when you tell them to stop, period. i want the liberals to get on case of technology companies where women the underrepresented. the technology companies are liberal and in the pocket of the democrats. they like to get upset about wall street. you know what? you need to level the playing field. pick on all of them liz: i hate depender issues and money. where is the old girl's club you're saying in tech and banking? connell: no women are wildly underrepresented on technology. roughly a quarter of all jobs in technology are women and there's an insidious undercurrent of men talking down to women because women are good in science and technology liz: i know the issue exists it's out there. i think it's unfortunate it's
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out there yoo we're going to kick some you know what and take some names and first it all. neil: and being subtle, keep that going, america. now, another issue, whether you're a male or a female. this should outrage you, we've decided that milk milk is just as bad as soda. really? really. jeff flock at a milk farm to end the the debate.
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-- sacralige. milk consumption is down already and some people want it to be reduced further by making it off of lunch trace. you don't need milk to reduce osteoporosis. you can enjoy adequate calcium from plant foods like cale and broccoli and leavey vegetables beans. >> i love broccoli and cale those are good things, but i love dairy products we need. the calcium and protein and nutrients nutrients. we put up the numbers on decline of dairy consumption. there was the famous milk campaign. a lot of famous people on that it didn't work in increasing calcium intake and i'm wondering if maybe they should
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have had neil do one and maybe it worked. >> maybe have you do it jeff. i don't know, i don't know that my job is-- isn't marketing it's producing milk and we produce quality milk on our farm. i have confidence what we're doing is good for the people and children around us. >> luane working hard for you hard in hanna, indiana. good picture. neil: and there's milk and then it starts here. where does it end, america. jeff, thank you very much. where does this end. another debate going on about-- on diversifying wealthy neighborhoods and rudy guiliani thinks it's overreach. >> the fact is zoning is a local matter federal government doesn't control zoning you get a right to zone your area for certain kinds of housing, and single family housing two family housing, industrial, commercial, and no
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way that's going to pass constitutional muster, but obama has failed constitutional so often as president, they should take his degree back. neil: all right. what they're saying and what the dustup is. can you force community and threaten withholding funds if they don't build affordable houses in cape cod, the hamptons, and it would apply. you don't want to hear those locals mission. and david asman, what they're cooking up here? what do you think? >> i don't think it's about racial discrimination, it's about money. if it was about racial discrimination, you wouldn't have people like spike lee living in the upper side of manhattan in a $34 million town house. it's federal localization of policies, this administration is doing with regard to police with schools and now with regard to zoning. they say it goes against the american government fiber of local communities controlling their own community, rather than the folks inside the
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beltway doing it for them. neil: what they're saying the local communities try to control their own community with a wink and nod, controlling the types of folks they have in that community and that's racist. what do you think? >> right, so the federal government government, they built the high tower projects and they're blighted and kept people in minorities and low income people and look what they did wrong. we have another plant and take control. we're going to move these people and they're incentivizing people across the strata and they are trapping people and-- >> hold on they are not exactly trapping people. a lot of this is the degree to which america as a whole has
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been on federal aid. we look at what you should do. america has been so addicted getting money from the federal government government they're trying to change behavior. folks in low income areas, that becomes dependent and a cycle-- >> they've become dependent on the administration and-- >> the administration is if you're so interested in making real estate pro choice let's say why didn't you provide the same with school choice and want to address the inequality or the gap in the rich and poor, start by providing their kind of choices and not just kids in poor areas. >> how can we start with the federal government not taking from the taxpayers in the first place. let's keep the money local and route it through washington. that's where we get corruption and race. let's keep it local and let the
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locals with education and housing. instead what they're proposing is something put did $. >> it's not about race it's about money, they want to make everybody equal and you have that in cuba where everybody is poor. neil: we've got charlie rangel coming up next. when a moment spontaneously turns romantic why pause to take a pill? and why stop what you're doing to find a bathroom? with cialis for daily use, you don't have to plan around either. it's the only daily tablet
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communities to go ahead and build affordable housing. in other words, overrule those communities and threaten federal agents. i've talked to lawyers and hud can do this the department of housing and urban development can withhold money so they don't follow suit. that would mean in hoity-toity well-to-do communities they would have to offer affordable housing. you've heard of what some of our guys think about that. charlie rangel joins us now, a new york democratic congressman, 85 years young today. happy birthday congressman, good to have you. >> thank you very much. >> what do you think it is. >> it's about giving the tax incentives to these developments developments. >> well, more to the point about withholding federal points if they do not. >> we're told-- the truth of the matter is we don't need incentives for any more luxury housing period.
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and the only reason people give some consideration of these developments adding affordable units to their housing is to make certain that developments make the money. but you know if we have an emergency in housing, we don't have an emergency for more luxury housing, so we have to have a moratorium for that period. >> we switch it around would you then say the same we don't need an incentive for affordable housing? >> that's absolutely ridiculous. the price of property because of scarcity and the market place prices for everything else, has gone up extremely. the disparate between working people, their income could go up 30 40 years. therefore, if you believe that the pursuit of happiness includes health care includes a place to live and most importantly, an opportunity to
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get a decent education so we don't have to have incentives for anything because education unlocks the opportunity by itself itself. neil: but think about that. if educational opportunity, just to be consistent on this would you then be for school vouchers if we're going to push for equality and given those the opportunity not only to move into areas where they wish and find affordable housing, but to find better schools in the areas they presently live? would you be open for that? >> you're assuming that we have the opportunity to cash in the vouchers. i come from manhattan and you can have vouchers and everything else, but there is no affordable housing. if-- >> and in your district as well, congressman. only reason i mentioned that then be consistent. >> no no no i'm saying that it's about-- if there were schools available finding an apartment that someone would be assured
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that their kid could get a sound education that would make them competitive in the market you bet your life because the system-- the whole idea of charter schools and traditional public schools is ridiculous, it falls behind the 0 whole-- >> for the government to decide the rules who comes in. in your district the federal government said you know charlie we notice in your district, it's distorted, that there are a lot of poor folks who are not getting the opportunity in real estate to buy condos or whatever so we want to force the issue by making affordable condos something that has to be done in charlie rangel's district and other districts where it's lopsided, if that's the case. >> that is not in the-- >> would you support it? >> i'm telling you the only reason that the congress and state legislators pass incentives it toward the
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develop and-- >> i'm asking it's not done locally the way that the federal government likes or there's a lot of high priced real estate in your neck of the woods. the government is saying it's so high priced a lot of folks can't afford it. we'll force the issue, if they don't address the issue, is that right, charlie rangel? >> i don't think i understand the question. anything that would allow affordable housing, it has to be subsidized because we don't have minimum wages that are livable wages. there's a sharp disparate. neil: all right, your district would subsidized subsidized in the hampton, it's not done, it's tony mansions here and beverly hills and martha's vineyard, the government has the right to force the issue to rule over local jurisdictions to demand a change.
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>> i don't see where you're insistent to talk about overriding. neil: we don't have that right now, charlie. we don't have that right now. >> i'm selling if the developer-- >> give us that power to do so and we'll make sure that it is so. >> i don't think i understand your question. all i'm saying is that the federal government has a right to put conditions on tax breaks that are given and so does the city and state. no, no this isn't tax breaks maybe this is just coming to you. but what the president is pushing that hud do soon is to make sure affordable housing is affordable everywhere in places where it isn't now an and that hud would have the power to force that issue, not through tax incentives or any of that, but by forcing the issue and if communities are not getting the drill federal monies would be withheld from them if they don't cooperate. are you okay with that?
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>> and maybe the federal-- you cannot tell a landlord in a market value rate where there's no restrictions that he has to rent to poorer people. you can't do that by law, so-- >> so you're saying-- >> what money, well what money would they be withholding? there's no money for luxury housing exempt tax incentives. so what money would they be withdrawing? >> they'd be threatening, holding money for community, states and jurisdictions that essentially allow what they call modern day redlining to continue. >> listen everyone's against big government and if you don't like big government don't take big government's money. we have governors now that don't want their people to enjoy the benefits of the affordable care act and not participating. neil: i think we're--
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i'm not going to-- it's your birthday and you're iconic symbol from americans left and right. i think on this issue, birthday boy you're wrong and that's my opinion, but, i want you to have a great birthday i do. >> thank you so much. you've been a good friend and i just don't know what moneys the federal government can withhold from communities. neil: just watch congressman, i've seen this play before you it's always a pleasure having you. i want you to have a great, great birthday. i enjoyed having you. >> thank you. neil: all right, we will have more. the real question that needs to be asked is "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; 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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>> time for the fox business brief. i'm connell mcshane. i want to quickly note i've got two stories this hour one about the dad bod and now this. pizza and hotdogs work together, yes, neil listen up wash down your pizza with a hot dog. pizza is offering a true story, one topping pizza and the crust is hotdogs. come on pigs in a blanket is it a trust. and they're going to do it and a side of mustard. what a country. they plan to debut this on june 18th and you heard about it here on the fox business network. one large pizza with hotdogs surrounding it. combined it doesn't get any better than this. coast to coast with neil he had to run out to pizza hut,
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is expected to step down as early as board meeting next week and is expect today be replaced by james murdoch, hits son. and the current coo of the company rupert murdoch is expected to stay on as executive chairman. no changes that we see so far yet according to sources to fox business over at news corp. and then the other son, lackland murdoch executive co-chair of 20th century fox. of course fox business is owned by 21st century fox. neil: he's operating as the chief operate officer, widely respected and revered and they fear a nonmurdoch is something they want to see some management guy outside the family, we don't know. >> that external voice has been an asset to the company according to a lot of investors out there, but we don't exactly have a timeline how long or when all this have will take
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place, but major changes at 21st century fox. neil: thanks very much jo ling. and we're learning that this whole isis development and how much of a threat isis is worldwide hits us close to home again on the ever growing crisis. >> a big concern here well the concern is of course what is it going to mean for us in the u.s. right now. we're seeing an increasing number of americans here roughly, a couple hundred according to the pentagon that have joined isis. we are getting word and we will have more coming up at 2:00 that there was a fifth man arrested in brooklyn charged with the attempt-- attempted conspiracy to aid and abet isis. so, that's one situation that's happening. we also got word a couple of hours ago, that a teenager in northern virginia was aiding isis through social media, neil. that's actually how a lot of these isis fighters are
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recruited, through social media so it's clearly a problem we're going to be covering at the top of the hour as this news unfolds. >> all rightment thank you very much her show will come up after this one ten minutes or so. do you like george clooney? my wife loves the guy. and i'm insanely jealous of him. he had a flop of a picture, it happened, is off day. is his off movie so bad, so bad that it's like a water world deal like kevin costner. it took costner a long time. did this dream boat for the ladies face the same thing? joe piscopo is next. 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
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nd be deemed a disaster, but for joe piscopo's-- joe piscopo it might be and for george clooney because that movie "tomorrowland" 150 million to make. he's in trouble. is this his ishiptar moment water world moment. >> thanks for putting george clooney up to me doing curly in the movies. a great career and the guy doing curly on "saturday night live." i'm in the green room thanks neil. neil: he's had a number of big hits. >> whoop, whoop, whoop, whoop. neil: we're done what do you think of this? >> don't let-- george clooney, if it didn't make money, it will make money in the after market. neil: water world in the end made money? >>'s one of the great ones.
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a good guy. politics aside he's a nice guillen an as guys we like clooney the girls like clooney, a treasure of hollywood. neil: you don't they that this will be because he's had-- >> no. neil: why is he dinner from kevin costner similar well respected? >> because george clooney is smart,'s' director, a producer and a house in lake cuomo. maybe he'll invite me if i say nice things. neil: very doubtful. for one thing you're here that rules it out. we shouldn't make much ado about this. but these guys what have you done for me lately. the latest hit. how much pressure is there? they have to pick and choose carefully. >> they do, i'm not the guy to ask. i've had enough flops. it's a career some good things and bad things, but when you're clooney's stature and you're a producer and he's a power player, it's a blip. and i think disney will get the blame more than george clooney
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will. neil: every big successful movie house is entitled to flops. >> how about if you've never had a hit? >> that's not true that's not true. >> it's not. neil: and who is the most iconic figure in "saturday night live" history? i'm looking at him. >> we did great films. neil: and could you do frank sinatra for me. >> ♪ and now the end is near and so i face the final curtain ♪ >> keep singing, we'll go to-- >> you don't want to talk about the new jersey budget? >> this is why the career stopped. all right, we'll have more after this. >> put curly up there again. whoop, whoop, whoop!
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>> remember my question yesterday? with a top defense advisor that we're losing so war with isis. that came up that the press conference and there is much more on that today now we will go to trish regan on this issue. trish: we have breaking news this hour with isis and america as suspect is charged in brooklyn with the contents with the conspiracy to provide material to isis. charged with other brooklyn residents and they are expected to be arraigned any moment. a short while ago a teenager northern virginia pled guilty to provide material support base is 15 years in prison for i am joined on the set by "wall street journal" reporter who has more on this story. one of the concerns is isis is recruiting through social media we sought
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