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tv   Cavuto Coast to Coast  FOX Business  September 9, 2015 12:00pm-2:01pm EDT

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nevertheless you never know where this market is going to go. stuart varney, he'll be back tomorrow. in the meantime neil take it away. cavuto: we've been looking at the market situation as well. a lot of this could be pinned at the jobs openings report, 5 and three quarter million jobs that suddenly opened up and became available in the latest month. the immediate interpretation willing of that is that the economy is going to be busy looking for workers, looking to highe hire folks and that's just the kind of talk that may delay the rate hike, not exclusively rained on this rally pa ray. but the day is young and the movement is still at this stage very, very minor. but we're keeping an eye on it for you as asia attempts a come back and japan that turn around of 7.5%. and the focus, though, is on washington on this iran deal that looks like a done deal but don't tell that to
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thousands of folks who have gathered outside the capital hoping to stop it. in fact, that's what they're calling it, a stop the iran deal rally, ted cruz, presidential candidate and donald trump are there. they're going to happen speaking against this. keep in mind the 41 votes are assured the "yes" votes for this, and they have already told president obama all right. we will support this iran deal. some of them with their fingers on their nose but they will still support it. what these guys hope hope to do, what this crowd hopes to see is that things change as some of those wobbly for the deal. and they want to embarrass the democrats who went ahead and vote for it. again, we're waiting to hear from senator cruz and we are going to hear from donald trump. and it's a who's who crowd, sarah pailen was there, it includes a host of other
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entertainers as well. and largelily conservative, not exclusively, there are some democratic legislatures there as well and now they want to undo a deal that looks like a done deal, way too early to tell. but at this point the idea that they can at least stall this is the hope in the house, but it's a desperate hope. the senate is where this will ultimately decided and it looks like the president will get his way. peter barns is at this rally and what we can expect about an hour from now. hey, peter. >> hey, neil, just eyeballing the crowd, not quite 1,000 people yet and that's because it's a very hot day here in washington d.c., above 90 degrees and, in fact, it's so hot, they've handed out these fans that are actually stop iran nuclear deal signs, very clever of them and appropriate. this is a tea party patriot event so as you mention the
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number of tea party patriots here and in addition ted cruz and sarah palin is here and governor of virginia. interestingly we have cruz and trump sharing the stage here. but the two have had friendship going back a couple of years, trump has been a contributor to ted cruz in the past and has held fundraiser for him at his home in florida before trump himself got into the race. but we expect that both of them will continue to rail against the deal, trump calling it a disgrace last night on bill o'reilly's show. neil, back to you. cavuto: thank you, peter, very much. whatever happens to this deal, whatever happens to this rally, the fact of the matter is that at least according to the house, it does look like a done deal. that does not mean that it still won't be overwhelming rejected in the house and the senate but you know how this goes. you would need a two-thirds
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vote against to at least threaten an override of a presidential veto. the president assured that he has got more than enough votes to counter such an action. nevertheless katie says that whatever the president wins short-term, he and we lose long term. explain, katie. >> well, the iran deal is turning out to be a losing situation for the public opinion and the world and our own national security. when you look at the popularity of this, you know, look, he's having a hard time with congress getting approval. this is not something that has bipartisan support, in fact, it has opposition and a lot like obamacare this is being ran through with very little support and yet we've seen the followout with the popularity of that. now, we don't generally base our foreign policy on the opinion of the american public and there's good reason for that. but you have to look at why the american people don't like this deal and it's because they feel like they can't
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trust the president to what is in this deal. the president and the white house said earlier this year there have been 24/7 inspections of iranian nuclear sites. here we are in september and we now found out that iran is going to inspect themselves and that's just one aspect of the deal. so it's important to point out why people don't like it and how that's going to affect president obama's legacy moving forward. cavuto: and hillary clinton i think it's the left leaning group, that this is actually started with her work and there are indications from these e-mails that this and i know sort of not always treating them as bad guys did start when she was secretary of state or at least she laid the ground work for that. be that as it may, a lot of people think this will be a popular issue with voters about a year from now even though it is not right now. but that she will claim credit for this at this institution event. does that take credit for this?
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should she take credit for this? >> it's a tough line for her to walk because we still don't know what the fallout of this deal is going to be. by all implications, this deal is a bad one, which is why you have democrats also opposing it. so for hillary to stand up at a institution event, which is going to be filmed and put on the internet forever, for her to embrace it as her own idea, i think will come back to hurt her in the general election. you know, voters typically don't vote on foreign policy but because what is in the news, the refugee crisis, and iran, it could be a big topic when it comes to the 2016 election. so i think he's taking risk and embracing taking credit for this when we don't know what the fallout would be yet. she's better off allowing president obama to take the legacy on this and then maybe later what she says the consequences are, good or bad, decides what she's going to d. cavuto: thank you very, very much. >> thank you. cavuto: the politics today even though these two are
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joined at the hip, jeb bush is making more news today with remarks at a column suggesting that complete overhaul of our tax system, he wants to take seven rates we have now and narrow them down to three and the reaction the former florida governor is getting. hey, blake. >> indeed calling for across the board tax cuts as you mentioned what would have a complete overhaul of the tax code. he announced his plan in a wall street journal last night published this morning saying it would be lienor, simpler, and fairer. what it would mean for the families. bush wants to have three income tax brackets instead of the current seven. the top earners would see their rates slashed down to 28%. and also calls for nearly doubling standardized dededuction, expanding the earned income tax credit and
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ending the death tax. and bush wants to bring u.s. rates, for example, he used this one, below china. all the way down to 20%, the corporate rate while allowing a one-time of the trillions of dollars, about 2 trillions that is currently stashed overseas. and companies would be allowed to deduct their investments, however, and this follows a theme with a lot of the candidates we've been seeing. the wealthiest on wall street hedge fund managers wouldn't be thrilled with this as he wants to end the carried interest that he calls a loophole. he talked about this on fox and friends earlier this morning and here's how he discussed it. take a listen. >> we don't have that. either way, neil, he said that this was going to be a plan that creates a lot of high-wage jobs. as far as democrats and enhancement saying about all of this, necessary this is quote more trickled down, bush, economics, and of course the question with all of this how will it be paid for? how will the tax cuts be paid for? bush is likely to argue when
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he unveils this in north carolina about two hours from now that it will be offset with the resulting 4% growth of the expansion from the economy that he thinks will come of this. cavuto: and he's also limiting some deductions that would, in other words, mask what that real rate is. but we'll see. i mean he's the latest to simplify this in a battle of who has the lowest simplified tax rate of all the presidential candidates. thank you very much, my friend. you might have heard that apple is going to have an announcement in about abhour from now, a whole new host of products, maybe an iphone, bigger ipad, you know the drill, when apple announces anything, it gets the world's attention, jo ling kent on what we might expect. and these days economic weather. what are you hearing. >> yeah. that's right. this is going to be a big challenge for apple today. they're going to unveil a set of products, a lot of piano tweaks to the iphone and ipad, potentially an update
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to apple tv and maybe wristbands for that apple watch and the idea is to prepare for the holiday shopping season, typically it's the most important quarter for apple. so the idea is to put out a new iphone 6s, 6s plus, potentially in a rose gold color and an ipad and the ipad pro, and the ipad really is where a lot of the fixes could be made by ceo tim cook. sales are down 18%, neil, in the last quarter year over year, plus overall tablet sales across the industry are only going to grow 8%. so big challenges there as well and of course we do expect to hear perhaps one more thing. where we are right now is actually very unusual. we're in downtown san francisco at the civic center, it's a big audience, they're filling it with employees. you may get a surprise today as well, neil,. cavuto: all right. contrary to prior announcements if we
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could take a look again at the stock. it has been down in the five days prior and the 30 days prior to a big announcement. that is most unusual, that has never happened with app and events and well telegraphed events going back to steve jobs and this isn't all's fault. it can't control a worldwide market down draft. i'm just saying it's a lot different going into an apple announcement more like innovative or evolutionary products, the new revolutionary products, be that as it may, this stock is well off its gains of earlier this morning, as is the entire market. and i also want you to know that ten-year note interest rate has just hit about six-week highs. i only say that because growing concern that the federal reserve is still very likely inclined, maybe next week at this time to position itself for a hike in interest rates, if not this month, certainly the next couple of months. and the big thing for these guys in case of good news
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being bad news was the report job openings about five and three quarter million individuals. in other words, employers are looking to hire or have opened to hire five and three quarter million positions. that is a -- two-year high and at least feeds this argument that the economy is percolating despite someness we've seen elsewhere and you know the score here. any signs of strength and everyone is saying, oh, the federal reserve is going to hike interest rates. this has got to be the most telegraphed event in human history. still that is the concern. also want to take you back there on the watch team where it is hot. but peter barns is there. we're going to be taking you to the likes of ted cruz and donald trump. they're trying to stop an iran measure that they say will lead to our own destruction. some have gone that far to say that this signs off -- on iran even attacking us. others have said at least israel.
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and others have said it will lead to total discord in the middle east. no matter the crowds, does the president have whatever he needs for whatever they're ranting about? more after this we live in a world of mobile technology,
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cavuto: all right. we're getting word of trouble in iran protest paradise here, this is a scene of a very hot and humid capitol hill right now where they're organizing a rally led by the likes of ted cruz and donald trump to
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protest this of what seems like a done deal. but it's caught up in some parliamentary maneuvers that are backfire on some republicans in the house. and big problems he's reporting that the house gop is yanking the existing rule for the bill to disapprove of the iran deal without getting into the weeds here. they're yanking this rule to the debate iran deal. in other words, they're tabling that because the procedure is not in place to take up the measure to protest the measure. i think i've got that right. but what it means is that the opposition is confused. never mind the fact that this is overwhelmingly rejected in the house and the senate as things stand now, there are 42 clear "yes" votes, not 41, i misstated before in the senate. 42 clear "yes" votes in support of this deal as a number of sort of sitting on the fence democrat have decided to support the president on this. and assure him that there will be no attempt to override a
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presidential veto, should it come to that. and republicans try to make this a big deal where they're going back and forth on both sides of pennsylvania avenue. get the read from this and the significance of this house development now with republican congressman steven king. he's going to be steeking at this iran deal rally. congressman, always good to see you. what does this mean that the republicans can't get their act together on the language? or the method to use to attack this thing or what? >> well, i think that some of this is the rules committee met last night, they announced that they'll have a vote on the rule, which sets the parameters on the debate for the motion to reject the iranian deal and because the rules committee was going to bring this to the floor at 1:30 today but in congress this morning there was plenty of opposition to this strategy and one was louie had offered
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an amazement to it, a substitute to it last night and peter has a privilege motion that's out there that suspends this and then requires the president to deliver all of the components before the house should vote on it. and i believe the president has not done that. he's required to bring all of the components. so in this confusion, there's a motion before our conference, and i think we have to resolve that before we can come with a strategy to go forward, neil,. cavuto: do you think it's a little too late for any of this, regardless of how this has all worked out, congressman, that your leadership let you down that by a simple majority, for example, that wouldn't be good enough to sort of reject this deal, you needed two-thirds effectively to reject it. that's not the way we normally handled treaties but this was not considered a treaty, so it's sort of like its own case. it was like taken to the un where it was unanimously approved, so almost what you guys are doing neither the house nor the senate becomes; right? >> well, we've got a lot of
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toothpaste to put back in the tube, neil, and i invented a machine to do that once. and here's what happened. our speaker said we should not despair here in the house and think we can run the government because we'rease majority of the republicans in the house we're only one half of one third of the government. and this treaty and if you call it a treaty which i do, that only takes one third plus one of one half of one third of the government in order to sustain an override or sustain the president's veto. cavuto: agreed to that on this? who agreed to that on this? because it sounds like your leaders were, you know, rolled on it to me. >> well, i think a lot of us were, neil, and i'm standing here with some responsibility. there were only 25 republicans -- excuse me 25 all together in the house that voted against this, 19 republicans, there was one in the senate that voted against it, but it was packaged up as this is the only way we actually get to look at the deal. and if we don't do this, then
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the president will sign an executive agreement and go completely around congress as he did, by the way, going through the united nations. cavuto: so he's making it look like he's listening to you guys but he's not because overwhelmingly you in the house will still have rejected this by an appreciationable margin. >> yeah. and we would and i think it means to tens of millions of lives down the road. but this is a seminal moment here in the history of the world, neil, and we're sitting here at a great disadvantage strategically. this has been fed to us in this way and probably our best bet is if we could delay this and require the president to deliver the material and that's essentially the language, then we could buy some time, and i'd like to in the end see this be defined clearly as a treaty. cavuto: well, that has to be done by a big vote, not just a majority vote for something like that; right? >> well, it depends.
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if we could buy it sometime with the language, that delays this. then we've got an opportunity for public opinion to be brought on the 42 or 43 senators that need a little bit -- need to hear from their constituents. cavuto: all right, congressman, you need to go outside, i should warn you it is very hot out there. you're a young, fit man, i'm sure you can deal with it. but, again, the congressman is right on this, all of these guys might be rallying for not. donald trump will be there, ted cruz will be there, none of the other presidential candidates, former virginia governor will be there, so i don't know what to read into that. i don't know what to read into this friendship and bonding moment between cruz and donald trump. but it's weird. but this whole vote is weird. 140 degrees in washington today, that's weird too. not really. it's 144. we'll have more after this
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cavuto: all right. i want to look at apple stock right now. it had been up a lot more earlier knacked it had been a lot more earlier in the year caught off in that down draft that hit nasdaq stocks very, very hard, nasdaq under water today. apple is considered a bellwether for the technology world, like to or not. and any time it has a big announcement, the world does pay attention, even if they're not apple shareholders because apple kind of leads the way back when i was just a reporter about four years ago. okay. 30 years ago. it used to be companies like ibm and microsoft in the high-tech world, and biojen. they're all in that very elite club as they go to the rest of the markets here. but apple has had a hard time, it lost its luster, it's evolutionary not revolutionary, and, in fact, the shareholder is demanding a
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lot more than these evolutionary advancements in a phone. i think the iphone 6s or whatever they're calling it is going to have a better processor, better camera, i don't understand these things but it won't be a huge leap from what's out there. hence your frustration, if this is a big announcement, then you want to see what a lousy one; right? >> yeah. first, neil, thank you for allowing me to be inside this air-conditioned studio. today's announcement going to come down in about 35 minutes. really we don't see any revolutionary happening today. we could be proven wrong but all of the rumors, the most revolutionary advancement is going to be something called touch force, which may allow people take less pictures on the inside of their pocket. cavuto: that's a demeaning
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characterize of this technology. but i get where you're coming from. you're a critic. you don't think what the company is doing under steve jobs and constantly innovating. what about the a larger ipad one that has a stylus and apple tv and all these things that have taken the genres to new levels, not good enough huh? >> well, i think perhaps the apple tv if there was original content being announced today, that would be wonderful but that wouldn't be leading because they're following netflix and amazon prime and the rumor is there's not going to be an original content announcement anyway. cavuto: i'm wondering, you raised a very good point last time you were here that maybe we set such high expectations because of who apple is or what it is that any company that were to set 35 or 40 million gadgets in a quarter, i mean there would be some that would be happy to
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sell a fraction of that yet the apple standards are different. and isn't it fair to say and i know your views on apple and your criticisms and they're all valid but isn't it fair to say that semi-hurt by its own press, hard to keep topping that. >> absolutely. and i think that a lot of times in the markets we have a lot of short-term reactions but i think there's two stories that are very interesting in the last three weeks about apple that shed some light on some very long-term concerns about tim cook and if i could just touch on them briefly? cavuto: sure. >> the first as you recall the markets were going back and forth on a very down day, jim cramer got an e-mail from tim cook that calmed the waters so to speak. well, the had it fcc should be regulating that e-mail because jim cramer is not only a newsman, for is on for them to disclose how apple was doing with sales in china,
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he clearly broke the disclosure regulation. cavuto: what did he say? they were not doing well or. >> he said they were doing well and the waters calmed and that's actually one of the tests under the fair disclosing regulation of whether or not there was impact. cavuto: but tim cook for advancing all of these issues and he is gay himself and not that it matters but you get sidetracked on all of this other stuff. >> sidetracked and trying to build the leftest class in dc, which is maybe we haven't heard about an fcc investigation into this e-mail. it's maybe why the front page of the new york times, a1 yesterday ran an article that the department of justice got a court order for apple to comply earlier this summer with a case involving guns and drugs and they wanted the text messages from the suspect. apple's answer to that court order, no. tim cook has kind of positioned himself as this
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privacy expert. cavuto: well, it goes both ways. >> in the long term sense, those who can be on the department of justice and the fbi here in washington d.c. as a long term shareholder, i'm very, very concerned about the way apple is positioning itself on these privacy issues. he may be right on the law in the end, but this could be a long litigated battle. cavuto: and a sidetracked issue as you say looking at products. i do see you coming regardless of people agree with you or not. justin, thank you very much. i always forget to disclose, folks, i am an apple shareholder, i have been for decades, i don't have any investigated interest in this other than saying they're not doing anything flashy. in the meantime i told you about my buddy and producer explaining this debate thing falling apart in the iran deal. all i know is that i don't know. all i know is that chad knows and if i were a kid behind chad in class and i was taking the sat, i would copy every
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word he's saying, and i have, and i will continue to do so. chad's words will become mine right after this i say we go all in on the internet... of things. what we're recommending as your consultants... the new consultants are here. it's not just big data... it's bigger data. we're beta testing the new wearable interface... ♪ xerox believes finding the right solution shouldn't be so much work. by engineering a better way for people, process and technology to work together. work can work better. with xerox.
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cavuto: a little while ago i was telling you about this big fuss that they're making out at capitol hill the protest on the iran deal, donald trump will be there, ted cruz will be there, we'll be hearing from them. and the house the thing is falling apart on a debate -- i don't know what you call it. our washington producer, one
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of the smartest guys i know was trying to explain it in a very clear e-mail, clear to my staff, but i had no idea what the hell he was talking about. so i said, guys, we've got to get chad to explain what's going on here. here it is. chad, what is happening in the house because it seems like it's falling apart but it's going to mess up the whole process. >> this is pretty simple. in the house of representatives, they were supposed spo debate the iran deal today and have a final vote friday. but every piece of legislation has to have a rule, that establishes the terms of the debate, in other words, how we're going to play baseball today. you run to first base first or third base first. they establish a new rule for almost every bill, how much debate time, what if any amendments are in order and so on. and you have to pass that first. it became very clear around the noon hour today that the house republican leadership may not have had the votes to pass the rule. you don't pass the rule, you can't get to the bill. here's the problem for the
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house gop leadership. they can only lose 28 on their side before they have to go to democrats. and the issue for many conservatives, and they raise this issue with the leadership in a conference meeting this morning, the gop conference, they don't think that the congress has all of the paperwork on the iran deal. remember there were these so-called side deals cut. cavuto: right. >> with the iaea, and pete who is republican congressman from illinois raised this issue and others raised that issue and, again, indicated that they might vote against the rue. so the house of representatives has now gone and reassess subject to the call of the chair, which basically means we're not going to come back to do anything until the chair recalls you because you have no pass forward and you look at the monitors here in the capital and everything has this graphic up on it saying, oh, the house is up subject to the chair. there's going to be a meeting among house republicans later this afternoon to try to figure out a way forward but here's the real problem, neil, if they can't get the votes to approve this rule, then this
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biel to reject the iran deal is never considered in the house of representatives and that means the iran engagement goes through. the house never weighs in, they can't send a piece of paper to president obama to veto. cavuto: well, it would be rejected anyway in the house or the senate. >> no. but they might not even get the it up in the floor. cavuto: so they're double embarrassed. >> and this was the plan by the house republican leadership since late july and the second day back. cavuto: it has been facing a revolt; right? >> that's one of the issues. cavuto: some people -- i have to explain to you, chad, and i don't know how many times i can do this -- >> and that was one of the issues i post of the house speaker this morning. considering all of the things we would have to do this fall, iran, keeping the government open, the challenge, does that poess a challenge to you, and he said "no"." cavuto: all right. you are amazing, young man. well, i -- it's the last time i can explain this to chad, but i think he gets the idea. it's a mess. bottom line republicans
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screwed this up, even in the house, it was their sandbox. and they didn't count the sand i guess. all right. let's see what's going on today on other matters, political matters having nothing to do with this rally in washington that could be fizzling. jeb bush wants to cut seven tax rates to three, and a at 28, 25, and 10%. the former governor is saying that goodnights ignite jobs, it's going to ignite revenue, he says it was a $19 billion boom to the state of florida when he did something similar and eight years running there, and former senator scott brown on that. senator brown, to you first. is this getting lost in the sauce? he's the latest in the simpler lower taxes. is it getting lost? >> well, obviously it's getting lost a little bit because of what's happening in washington d.c. where they're scrooge things up as usable. . cavuto: okay. >> but that being said i just
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got off the phone with the bush policy team on this very issue. and i'm appreciative that it's a bold plan, it spells out in detail what he's trying to do and don't forget, neil, this is one piece to the puzzle. he's also looking at regulatory form which we have these bureaucrats circling the bill in congress and putting more deals in place. the deals with obamacare and also deals with immigration reform. that's four prong test that he feels would help stimulate the economy past these anemic eight years we have. cavuto: so he's talking about growth in a way to pay for this and from your corporate days running verizon wireless, i'm wondering now whether cutting the corporate tabs, providing a one-time incentive for this 2 trillion that's held abroad is going to be the magic bullet for this economy. what do you think? >> neil, i have been saying
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this for the last seven years. we have been under tax-and-spentaxtax and spend philosophy for a long time now. we should have cut these rates a long time ago. cavuto: and the economy has done as well with -- >> neil, with the highest corporate tax rates among any country in the developed world, we're crazy. the reason our economy is stuck in the mud the way that it is, the reason that the corporations are not hiring entry-level jobs, the reason there is very little in the way of capital spending for plant and equipment is for the simple reason that we have the highest tax rate. cavuto: yeah, but money still finds its way here. i mean we might be pathetic but we're less pathetic than the other guys. >> neil, the money may find its way here but it's not being spent to the level corporations could be and should be spending it. cavuto: richard, do you ever think in your heart of hearts that as a democratic strategist if you were to try
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to dramatically lower tax rates and cut rules and regulations just for the heck it of that you would be very surprised in a good way what you would say? >> look, the bush plan has things going for it, i don't think anybody really objects to that. let's bring that on. there have been proposals in this congress to do it. i do think in my heart of hearts, neil, yes, regulatory reform, absolutely. but i do think supply side economics has been discredited, his father had a name for a proposal like this, it was called voodoo economic. cavuto: yeah, and his brother also discovered that it created 20 million jobs, one of the biggest booms we've ever experienced. >> so i would like to under score the point you made in your last question. if we're so bad, how come we're the envy of every developed economy. cavuto: very point to pick up with scott brown. that point we might have a problem, scott, but look at us. >> neil, with all due respect,
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we believe of have the highest tax rate, $3 trillion nongovernmental stimulus to get that money back in the united states and put it to good use and good work. right now corporations, they're scared, they're nervous, there's no regulatory or tax uncertainty, they're not going to hire as we said previously the entry-level jobs. we have an opportunity to be the leader economical. cavuto: and this might do it and what we were hoping for. >> exactly right.>> exactly rig. we've tried everything else now it's time to cut taxes. cavuto: or verizon give them free phones. >> well, let's not go that far. cavuto: and breaking news. you might be looking at a market, it's trying to call its way back to respectability, up 26 points and obviously to richard's point, now there are job openings, five and three quarter million of them, and the markets are reading and, hey, things must be pretty good if bosses are looking to
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hire five and three quarter million people and that has put the federal reserve they're going to hike interest rate worries on the front again. can you believe these guys? they're so moody. it's like a day with my in-laws. calm down. after this
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cavuto: all right. i want you to look at something. this is 6th avenue right outside our office. i want you to notice something. cars are proceeding, people walking on the road, some of them are stopping for hot dogs or to buy gucci bags, they're not real gucci bags, anyway life is going on. life is happening, folks, in the face of the fear that the federal reserve might hike interest rates a quarter of a point. a quarter of a point. if i gained a quarter of a pound, i'd say i reached my goal. but that's the fear. and you know what prompted the fear? a number out today that showed that there are almost
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6 million job openings in this country that implies we've got to fill 6 million positions which means job searches in the making. god forebid people should get jobs. brian west berry looking at this and it's nothing to fuss over. and i always lose sight but thanks for guys like you, brian, first of all, where are we worrying about a quarter of a point and then assume we're going to go to the late 70 early '80s and why are we worrying about that? >> i'm with you on that quarter point 1,000%. and i want to get to the root of this. i think this is where this is coming from. and if you go back over this past six and a half years, the market's up somewhere around 200%, the s&p 500. cavuto: right. >> and there are lots of people that thought it could never happen, for whatever reason. they might be on the right and
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they say obama's in the white house. they're on the left like krugman and they say we didn't spend enough. this good things can't happen. and then what happens is, well, how could the market be up if good things can't happen and they go, well, it's all the fed? it's all because qe, it's all because of zero% interest rates and i just don't buy that. i think what's happening in the boardrooms of american companies today is way more important than what's happening at the federal reserve. cavuto: and you pointed out in the past round that this occurs during rapport democratic administrations, there's ronald reagan and when he was cutting taxes too much but my point is the markets are a beast themselves, companies and boardrooms and ceos and their executives and workers are very resourcesful at creating their own opportunities; right? >> that's exactly right.
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i mean ben and janet have never tracke fracking a well. they've never stayed up all night drinking red bull and writing apps; right? that's what makes the economy go and apple is going to introduce the iphone 6 plus s, whatever it is, whether or not the fed's at zero or 1%. they don't care where the fed is right now, they're going to introduce new phones. so that's what drives the economy, and i think people are focused on the fed so much because they've used it as an excuse because they've been bearish. everybody has been bearish and all because of the fed. cavuto: brian -- >> yeah. exactly. cavuto: brilliant put, my friend. everything you said will now become my words, and i will not be quoting you or attributing anything of that to you. brian wes he's right. keep in mind, the five biggest tech names of all time, and
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i'm including apple and del and microsoft and ebay were all started in the midst of a severe recession. amid's a lot of doubters and that's why life is going on as normal on 6th avenue and a guy just spent $10 for a gucci purse for his wife. is this a great country or what? you can't breathed. through your nose. suddenly, you're a mouthbreather. a mouthbreather! how can anyone sleep like that? well, just put on a breathe right strip and pow! it instantly opens your nose up to 38% more than cold medicine alone. so you can breathe and sleep. shut your mouth and say goodnight mouthbreathers. breathe right
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>> you don't like the hat? . cavuto: isn't it weird that donald trump and ted cruz i know gilmour is there, but no one else. >> yeah. we should point out that they're busy campaigning and donald and ted and cruz are apparently -- cavuto: yeah, what is that about? says anything bad about the -- >> yeah. they have some secret blood and on it apparently on cruz's part if it's donald loses, i want his voters, and donald's part of that, who knows. i tell you one thing, trying to, like, really get inside donald's brain cells is pretty interesting. we could sit here and talk about why is his hair parted a certain way, why is he going after jeb bush, why city as he a conservative but wants to raise taxes, it ignores the reality what he's doing here. . cavuto: but cruz was not too long ago he wanted trump there
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because trump will raise the profile of this iran deal as if it needs to be. >> right. and i think the bottom line with donald trump this is first and foremost. cavuto: what divery cynical. >> he has rebranded both himself as a presidential candidate. cavuto: do you think he's going to be president? >> it's not theoretically impossible. it's more than theoretical possible. at first i said "no" and then at first. cavuto: look at the time. >> you're fired. let me tell you. i was in military school. i played with. cavuto: what did she we'll have more after this
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>> all right, we're going to take you to capitol hill right now where it is hot and a lot of republicans conservatives
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largely hot and bothered about an iranian deal that is falling apart before their eyes at least to their liking falling apart to them means rejecting the they think. it will be rejected but not the marchen tay override a presidential veto explained this again and again. our producer says there's a soap opera going on in the house, that on a procedural matter they can't bring it up for debate how much they hate this thing. in other words republicans are rewi up dly thi to per bnes whais ske and o's thiralland at haens w. per. oppentsf thdealre trying to -- i guess last ditch effort to try to derail this through this kind of public relations event, and through policy discussion as well. there's just doing the introductions right now, as you know, the first main speaker is ted cruz of texas major opponent of the iran deal. but, of course, everybody is
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waiting for big headliner republican front runner, donald trump, he will be speaking at around 9:50 eastern time he's got about 15 minutes scheduled to speak. but knowing feeling he might go longer than that but they don't last for next couple of hours for speakers including sarah palin or republican and conservative radio talk show host glenn beck. neil back to you. >> wow all right peter barnes thank you very very much you might wongd wonder cruz specifically asked for trump to join him at the event. take a look. >> the reason that i invited donald trump because he brings with hem army of television cameras. mainstream media will show what occurred no important basic issue than stopping iran from
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acquiring a nuclear weapon. >> all right we've got jackie joining us on all of this. she's the daily procedure editor jackie he's right about that you bring donald trump you're going to bring cameras. but he didn't invite anyone else we're told. maybe i'm wrong. i know former virginia governor gilmore is there but i don't know whether it was senators what are we to make it have this cruise, trump? >> our report per tim did a great piece about a -- a month ago about the relationship between ted cruz and donald trump. they kind of go way back. they've had couple of meetings together. ted cruz is invited when drump went down to the border. last month so they're way before this event. ted cruz is a great guy and he knows where donald trump goes media follows. >> pardon my cynicism let's say donald trump --
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i don't think that's going to happen as quick as his opponents how does ted cruz are capitalize and been holes or samplings to indicate that the donald trump supporters could easily be ted supportersing and a this is venue to prove them? >> whether or not this is venue to prove that remains to be seen but you did hit on something important that donald trump vote or looks like ted cruise voter they're pulling from the same pool of the republican or the republican base. so yeah, that's why one of the reasons i think you don't hear ted cruz ever really criticize donald trump. because as you said, if donald trump implodes ted cruz get that spoil. i think he's looking forward with that with the invitation and with the agreement or i guess laying down of arms that
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the two have. >> you know jackie with the exception of folks like you, i notice in -- press conferences with donald trump it is like report verse become scary cats because he's going to call them fat or stupid or -- you're an a idiot or how did you get your job? i don't know what it is, but that last one when he took the pledge opinion remember he signed that pledge, i heard a barely heard a negative question not that politicians should suggest but all politicians are. hillary clinton, and it happened but then they draw it back i'm wondering if trump himself is setting stage of that ahead what of the debate that he's intimidate people and not only other candidates. but -- even their attempts to run negative ads or reporters to go after a negative questions. what do you think? >> you know, when it comes to
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politics on both sides of the fence when you're a politician and reporter you have to have a thick skin. does donald trump bring a army of people to take to twitter and yell at you -- i'm following you. i know how this goes. but to trump's credit he doesn't let it go by. i say to his credit because he doesn't let stuff fester and right back at you like that attacked ad by jeb bush i think it was in milliseconds jackie that he had a response that tells me he has a well run political machine that doesn't get much credit in the press. >> or even maybe it's not political. maybe it's because he's an entertainer he knows how it works and been in the public eye forever. that could be a piece of this why he's so good at using media and using public really to push his message and you know, frankly to keep people quiet. if -- susceptible to that.
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>> quickly this is a day that jeb bush wanted with his column and remark tots media to talk about hiss for simplifying tax code and lowering tax rates. what are we talking about this right now this rally that might be a pointless one. no offense to any of the speakers -- because the numbers are already in the president's paver about getting this deal. but that's what people are talking about -- a little less so jeb bush's lower tax rates. >> not only that you have hillary clinton give a speech about her support for the iran deal so particularly crowded day to be unveiling a tax plan. yeah, i mean, that i don't know how much you can plan that. but it does seem like a pretty crowded news day to be unveiling something like that. pmpghts to the credit he's got it out there. maybe it's leak one of these things you plant the seed and reaction comes later. who knows. >> debate is coming up i'm sure he'll mention it then. thank you jackie we're waiting
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to hear from donald trump, and ted cruz we're making this a signature event even though it is a losing effort. i stress only for now because the votes apparently are there for the president with 42 aye votes among democratic senatorrers to hold back any republican after a to thwart this -- iranian deal. switching to san francisco we're told tim cooke is taking to the stage right now, he's announcing a variety of new products, you never know what the exact deal is but goal goal is jo ling kent is there one is an upgraded iphone 6 beyond that -- anyone's guess right, what are you hearing? >> a lot of updates tim cooke just taking the stage neil saying there will be, quote, monster announcement across all of their product platforms so we expect to see right now as they update apple watch we know that there are 10,000 apps now available on the apple watch
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but iphone, of course, major revenue driver for a it will facing headwinds in china across the global economy right now. but we do expect to see an iphone 6s and updated 6s plus larger device an potentially a new color with with an improved -- camera and that source touch technology. but apple continues to face serious competition especially in emerging markets and cheaper brands right samsung, awferl those android devices, so tim cooke's path today is to continue momentum that a they have last year at this time with the brand new iphone 6 can he deliver for the holiday season and, of course, we may also get an updatessed ipad as a well. a larger ipad pro potentially 13 inches in size. apple is struggling in the ipad category. heir down, and forecast for the broader ipad or tablet category also not doing so well either.
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said it will increase% across the category so mobile certainly the top category for apple but we're getting an update right now on apple watch and bring you myrrh as we get it. >> thank you very much. following all of this this is anomaly this announcement it seems during a commercial for apple try not to. but an industry an economic a lot of people buy apple stock and sort of like a mutual fund. approximatey on economy in general as much as they used to with ge in general days. jack it is not quite so simple. but suffice to say that a lot of peoples watch for a turn arngd either they don't own it because it could represent a turnaround of technology and nasdaq is under water on the year and apple stock which has been up north of $3.50 a share up 50 cents right now. so a lot of those gains now again going to hear announcements as they come in,
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and again hope other os hope to move in sympathy and support of that. 30 days prior the stock has fallen so precipitously we have that china thing. we have a global selloff things we cannot control. there's no app for avoiding that by the way. but a a physical got caught in the downdraft it is what it is, pressure is on. we're there, and we figured that, you know, it was the free trip for, you know -- she likes san francisco. hey, come on. no, kidding. >> we've got tech experts here and we've also got the offer becoming steve jobs, and rick, what are you expecting out of o this? i mean there's a lot of pressure -- apple has to do something. what do you think? >> i'm looking forward to some development on the apple tv front. i think that's the weakest point in what apple leaks to describe
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as a the experience. >> it is hulu all of these otherrings. >> they've been late to many things before, and come through. >> but they don't have content to make that go. >> they can stream content from other people, and if you've -- tried to work some of these devices on your tv recently there's clearly a ton of room for improvement. what do you think? >> i agree i'm punched about the apple tv of the announcement -- >> physical -- it is the buck. >> so it is to be what? >> box you plug it in like you would leak a rue roku so the theory is that is essentially running ios apps. you have this marketplace of thousands and thousands tens, millions of ios apps to run on your tv so you can games, you have all of your -- apps that you paid for already so a deal from a consumer perspective new phone, ipad cool from a techy perpghtive but
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not the most useful products. apple can be handy. >> then i wodgedder about the pressure around iphone 6s a lot of people still stuck in contracts they're easing up on those. if they want to buy they can't. >> that's true. but i think every time apple is introduced a version of the iphone, been surprised how well they've done afterwards and it is the same thing. >> iphone 7 next year at this time? >> there will be. there will be -- you know next year question go through this response to what they've done. >> i think, i think we will for many years. >> china is a wild card too not only as a market, but as the place where they make a lot of this stuff. >> interesting because they've pulled become on c model, cheaper model that you know they essentially made for these emerging markets pulling from that and solidify as preem brand with products. prchtion now --
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are we looking at those live shots in san francisco? you know it far better than i. one more thing steve yobs is for that, that turned out to be big announcement that was the big announcement for the original iphone and ipad what is the one more thing today? if there is such a remark? >> it is hard to say. i think people essentially all of the announcements were effectively leaped before the press conference happened. >> happened -- difference -- difference between now and a when steve was round. ruining the announcement basically, and you know fast company where i'm from is sort of part of that industry, and you guys started it. [laughter] >> we do that, and -- and it is very hard for there to be one thing that truly surprised you. >> one largeer ipad would you
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have a stylist i'm told? >> that is not the -- >> that is my bible. >> one that is 30 inches. yeah. chip has a gigantic -- like deask. he can't hold it. can't come out of the studio but they're gigantic screens is that the way the world is going? >> my son and wife would ditch their laptops if a physical comes out with an ipad pro and decent keyboard that will be it. and io ironic because it is killing off what steve jobs himself started. the personal computer. all about evolution. the screen is the newspaper -- it >> that is really inconvenient. back to washington where it is hot right now and politics getting thick and heavy.
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ted cruz, donald trump, u right now, everybody is -- looks like talking and railing against the deal. i hates to break it to them but it's a done deal. president secured the votes to assure that his deal with iran gets through even though it would be rejected in the house in the sthat just not by enough of a margin to reign on his deal parade. we'll have more after this.
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>> all right fox business on top of tim and trump first tim as in tim cooke apple ceo he's speaking to his loyal throng and reporters where he's saying that the company is about to make quoting here, a monster
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announcement across several product license he's already indicated that anyone who doubted this success of the apple watch shame on them. that -- it has apparently 97% customer satisfaction. 97% remember 100% of the vote that's the ticket. that might be true. sounds generous 90% satisfaction. all right i'll take his word for it also a indicating that there are other positive developments including now for that watch, ten thousand apps available for that cheap watch. so on that front, certainly no shortage of app our breaking down sales of that. hay happen from the beginning when this is introduced back in april but expectation is that apple will roll out a new iphone maybe a bigger ipad i'm calling for one physically as big as a newspaper. so i could see it. you know when you get older -- meanwhile donald trump is
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arifted -- arrived in the capitol. hair is composed and i'm told 148 degree weather there. i'm kidding. it is very hot, though. but he's the big reason there's a big crowd. people don't like this iranian deal but the fact that he signed on with ted xriewz to protest this thing. but his presence there has guaranteed the crowd that ted cruz told me last week he was looking for. wedan never happy that the president of the united states pushed this because he said -- repeat now this is a bad deal. it is a horrible deal. >> and every single member of congress who has come out in support of the deal, the first paragraph of their press release is all of the fame they talk about the fact that it is not a good deal. in fact, many of them if you look at the senator from new
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jersey, others, they make yeah, no the other -- cory booker, cory booker he said at the alternative he feared was war. >> press release only reason not to support the deal if you look at the press release it is every reason not to support the deal as many other members of congress you look atsd press releases you scratch your head an say wait a second. you're supposed to be against this based on what you're telling american people and telling your constituents, and you know -- done deal. going to happen. you can see assemblyman so many times is that if you look at the oil market they've been tanking but on piers we're going to have 200 million more barrel every day from iran, and we're going to be watching this stuff so markets are telegraphing it is a done deal. >> neil, this deal will be a diserl. there's no question in my mind that we are going to pay a
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terrible price. the democratic party is going to pay a huge price for this -- >> this rally? >> sorry? >> are they wasting their time? >> look, it is important to continue to do whatever you can up until the last -- this iran is not going away. this deal is not going away even once it is approved because iran , just made his big announcement again. saying that the destruction of the state of israel is going to happen. he guaranteed this. and of course, america is satan it is unbelievable. we have to go -- americans are going to die. innocent people all over the world are going to die as a result of the money that is being given to iran that is going to hezbollah. >> years or sooner that we will say years -- >> no, neil it is not going to take that long for us to discover in the next year is election time.
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and i'm telling you -- mark my words, that the price will be paid by the democratic party next year. we're not going to wait years ago for this. no question about it. >> not top button issues to worry about right now. it should be. should be, i think it will be, because the iranians who -- you know everybody says we can't trust them by the way. we can't trust them. hillary clinton -- hillary clinton made a huge speech today which -- she promised everything in the world. i mean, by the way, do we trust her? i mean nobody trust hillary clinton. and the fact that very early on and maybe shelf this is is registering in both was orchestrator of this and first of secretary of state. >> neil she will pay the price. for this horrible deal will result in tragedy all over the world. hillary will pay that price. >> i hope you're wrong looking like a done deal.
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i didn't mean to interrupt you sir but we're getting more news nots only in washington. but out of apple in san francisco as expected and hinted apple is saying that it is going to be announcing an ipad pro with arrangeed larger display it is 9 inches right now. >> made -- why do i feel uncomfortable discussing this. but bottom line. it's a lot bigger let's go to washington. ted cruz outlining his wrath with this deal. ted cruz. ♪ >> god bless the united states of america. [cheering] what an incredible gathering here today. i want to speak to three groups
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of people. i want to start by speaking to the american people. this iranian nuclear deal is catastrophic. it is the single greatest national security threat facing america. if it goes through, there will be three consequences. number one, the obama administration will become quite literally the world's leading financeer of radical islamic terrorism. if it goes through over 100 billion dollars will flow directly to iran to the itolaceme and billions will go directly to houthi to radical terrorists across the world, and
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those jihad whattists will use those billions to murder americans to murder israelis, to murder europeans. the second consequence of this catastrophic deal is that it abandoned four american hostages in an iranian hell hole including pastor cy yeetd an american citizen a christian pastor sentenced to 8 years in prison for the crime of preaching the gospel. including amir including washington post reporter jason and including bop levenson. it is a disgrace for this administration to abandon americans in a iranian hell hole. but the third consequence of this deal going through if it does, is that it will facilitate
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and accelerate the nation of iran acquiring nuclear weapon. there is no greater threat to the safety and security of america. there's no greater threat to the safety and security of israel. than a nuclear iran, i agree with prime minister netanyahu. [cheering] that a nuclear iran poses an a threat to the nation of israel. let me clear when he says that, he doesn't mean a bunch of french men in burets chain smoking but going to the existence of israel when prime minister netanyahu addressed a joint session of congress, a joint session that president obama boycotted that vice president biden boycotted that every member of the cabinet boycotted. i participated in a panel
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discussion with the noble holocaust survivor and capable of murdering 6 million jews in an a instant, with in a flash of light is a nuclear iran observed never again means never again. the second group i want to address are democratic senators and democratic members of congress. [booing] right now 42 senate democrats have come out in support of this deal. it is my hope and prayer that every one of those senate democrats reconsiders. that they go home and they fall to their knees, and they pray tonight. i agree with former democratic senator joe lieberman that this vote is quite likely the most
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important vote that any member of congress, any member of the senate will cast in their entire career. there was a time when there was a tradition of scoop jackson democrat, of jfk democrat of joe lieberman democrat, of democrats who were willing to defend national security. sadly, that is becoming rarer and rarer in today's congress. so to every democratic senator, they are facing a choice to devalue the safety and security of the united states of america, do you value standing with our friend and ally nation of israel. do you value lives of millions of americans? or do you value more party loyalty to the obama white house? to every democratic senator who said he or she will support this deal i ask you to consider how
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will you look in the eyes of the mothers and fathers of sol jerls american sol yerls who were murdered in iraq with iranian ied's that came from general -- this deal lift sanction on general. how you say i voted to murder your son when he was defending this nation? but beyond that, with when we talk about terrorism, it's worth remembering if this deal goes through, we know to an absolute certainty people will die. americans will israelis will die. europeans will die. osama bin laden never had 100 billion dollars. he was filled with hatred and using rudimentary tools --
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his murderous prann -- plan. i want to ask every senate democrat how you will look in the eyes of father, son, mothers, daughters, of those who are murdered by jihadists, those americans who were blown up. those americans who were shot. those americans who were killed. those israelis that were murdered? let me be clear, if you vote to send billions of dollars to jihadist who is have pledged to murder americans, then you bear direct responsibility for the murders carried out with the dollars you have given them. [cheers and applause]
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you can not wash your hands of that blood. and let me say, to republican leadership -- [booing] hold on. i come not to bury caesar but to praise him. i want to give a path forward. there are two men in washington, d.c. can defeat this deal. there names are majority leader mitch mcconnell and house speaker john boehner. under terms of the corker-card inch review legislation, the clock does not begin ticking until the president hands over the entire deal and he has not handed over the side agreements. what that means is that all has to happen for mitch mcconnell and john boehner to say the congressional review period has not started. under federal law iting illegal
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for obama to lift sanctions. [cheers and applause] now, this is a lawless president so the odds are significant even if congress did that, that this president would ignore the law to try to lift sanctions. i want to speak particularly to the ceo and board of director of every financial institution and every bank that is holding frozen iranian money. if this president behaves illegally and decrease you can hand the money over to iran, let me tell you that does not exempt you from the legal obligation to follow the law. [cheering] any bank that listens to this president and releases billions to an international terrorist like the ayatollah khamenei, will face billions dollars in civil liability and litigation
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and there will come a president who is not named barack obama. [cheers and applause] mitch mcconnell and john boehner can stop this deal if they simply enforce, if they simply enforce federal law. if iran get as nuclear weapon, the single greatest risk they would take that nuclear weapon, they would put it on a ship anywhere in the atlantic and fire it up straight into the air, into the atmosphere. they would set up what is called, emp, electromagnetic pulse. it would take down the electric grid on entire eastern seaboard and kill tens of millions of americans. we can stop that.
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but, if senate democrats decide that party loyalty matters more than national security, and if republican leadership decides that a show vote is more important than stopping this dial, then the single-most important issue in 2016 will be stopping iran from acquiring a nuclear weapon. [cheers and applause] and any commander-in-chief worthy of defending this nation should be prepared to stand up on january 20th, 2017, and rip to shreds this catastrophic deal. [cheers and applause] any commander-in-chief worthy of defending this nation should be prepared in january 2017 to look in the eyes of the ayatollah khamenei, and say, under no
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circumstances does iran, led by a theocratic ayatollah who chants, death to america, under no circumstances will iran be allowed to acquire nuclear weapons. [cheers and applause] and if iran will not stop its nuclear program, we will stop it for you. [cheers and applause] i want to thank everyone here for this rally. i want to thank tea party patriots. i want to thank the pro-israel groups, the national security groups. i want to thank my friend, donald trump for joining us today. [cheers and applause] i want to thank the leaders of congress who are here and i want to thank the american people. let's rise up and tell every elected official in washington, no more talk.
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no more show votes. get it done! stop this deal! thank you and god bless you! neil: ted cruz. we're about to hear from donald trump. they're taking all the oxygen out of media attention room today. as we speak jeb bush is detailing his simpler tax plan in north carolina i believe today. and it is a plan that is just what conservatives ordered. seven rates cut down to three. top one being 28% and 25 and 10%. cutting corporate rate from 35% to 20%. getting lost in the sauce over anger over a deal that looks like a done deal, ted cruz taking aim at republican leadership for letting this day happen when it looks like the president will get what he wants. republican congressman jim jordan on that. congressman, is it too late? did leadership let down those on this? >> never too late, neil, until you have the vote. also i do think senator cruz
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remarks are right on target. look, the vast majority of americans know this is a bad deal. majority of congress knows this is a bad deal. unfortunately president and john kerry and some democrats will still support it. when he referenced the idea they haven't complied with the corker-cardin framework is accurate. we'll look to focus on that issue. has the clock started running. neil: you're right. the clock has started ticking. donald trump is echoing the same. >> i've been making lots of wonderful deals, great deals. that's what i do. never ever, ever, in my life have i seen any transaction so incompetently negotiated as our deal with iran. and i mean never. now ted and everybody else have gone through all of the details and we can talk about the 24 days, which is ridiculous. we can talk about the
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$150 billion, which by the way they get even if the deal isn't approved, they get it for just going to the table. we can talk about the fact that we have four wonderful people over there an frankly, they're never going to come back with this group. i will say this. if i win the presidency, i guarranty you, that those four prisoners are back in our country before i ever take office. i guarranty that. [cheers and applause] they will be back before i ever take office because they know that's what has to happen. okay? they know it. and if they don't know it, i'm telling them right now. so, i have a story that just came out an hour ago and, as president obama calls him very routinely, he calls him the
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supreme leader, our president is calling the person who is really the boss in iran, supreme leader. and i look at people shaking their heads. they can't believe it. but, it just came out a little while ago he said, israel will not exist in 25 years. think of that. he just said this. he also said, very strongly, very, very strongly, that this is the end of our dealings with the united states. we want nothing more to do with them. we're not going to do anything right here. we made this deal. it face nominal deal. we're not going to deal with the united states anymore. and that is what he just said. this was a very short period of time ago. so, they rip us off. they take our money. they make us look like fools. and now they're back to being who they really are, they don't
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want israel to survive. they won't israel survive with incompetent leadership like we have now, israel will not survive. after it is all done, they think it is all done, they come out with unbelievable nasty statements that israel won't be around in 25 years. we have no dealings and we will have no further dealings with the united states. now the people that we were negotiating with, were working on the sanctions with, including and as an example, russia, who is selling tremendous missiles to iran, you know that? ballistic missiles being sold. all of these countries, all of these countries are going to do business with iran. they're going to make lots of money and lots of other things with iran. and we're going to do and we're going to get nothing, nothing. we are led by very, very stupid people.
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very, very stupid people. we can not let it continue. we are a country that owes $19 trillion. we lose everywhere. we lose militarily. we can't beat isis. give me a break. we can't beat anybody. our vets are being treated horribly. it will change. we will have so much winning if i get elected you may bet bored with winning. believe me. i agree. you will never get bored with winning. we never get bored. we are going to turn this country around. we are going to start winning leg on trade, militarily. we'll have such a strong military, that nobody, nobody, is going to mess with us. we're not going to have to use it. [cheers and applause]
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i really, really appreciate this tremendous crowd. we are going to make america great again. thank you. thank you very much. thank you. neil: all right as donald trump speeches go, my colleague charlie gasparino read my mind, it was a short speech as trump speeches go, without a prompter. i don't need a prompter. gary bauer is here. gary, you listened to many political speeches. gary, you know as well that the crowds would not probably be as large as they are and ted cruz astutely figured if it were not for donald trump being there. what do you make of that? >> no, you're absolutely right. obviously right now mr. trump is huge on the political scene but actually the reason everybody is here, the reason he's here, neil, as you know is even bigger than that i mean this deal is
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almost obscene. the american people listened to all the facts. they have overwhelmingly decided it's a horrible deal. neil: maybe so, gary, but as you know it is virtually a done deal. the thoughts i'm hearing out of donald trump and much sharper degree ted cruz, is the republican leadership that approves the process by which it would ultimately essentially approved. certainly, not in numbers. i mean i'm talking about finding 2/3 voight it would take to shoot this thing down. they wouldn't get that. how any leader allowed effectively a treaty to be rejected but not rejected by sufficient margin to get it shot down, it does sound like the leadership dropped the ball, right? >> no. look, neil, you're absolutely right. the process stinks. and quite frankly it is the reason that 70% of the public says that america's headed in
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the wrong direction. the public overwhelmingly opposed the deal. the majority of the united states senate and house of representatives opposed the deal. but barack obama and john kerry and hillary clinton are going to force it down the throats of the american people, and give the holocaust deniers in iran 100 to $150 billion. this is a disaster. it is a tragedy. it will -- neil: the wheels are in motion for it to be a done deal. gary, thank you very, very much. i do want to bring charlie gasparino, dagen mcdowell, julie roginsky, peter barnes as well. peter the reaction -- i apologize. i thought peter was there. dagen, the president won on this. >> the president won and anybody can talk about trying to repudiate this deal if and when they're elected president the next president but it is going to be very hard to do that. you heard hillary clinton give a speech on it today.
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and her stance is going to be, she tried to talk tough about, i'm willing to go, like attack iran if they, if they pursue a nuclear weapon. neil: is there a military option in this thing? do we know that? that was an issue senator casey raised with me when he -- >> i don't think there is military. there is economic sanction options. neil: i have it on good understanding, neil, i'm paraphrasing here, i'm sporting this, if they get really crazy, iran ignores this use military option. that would never happen. >> theoretically we can bomb them anytime we want theoretically. the process you described before was fascinating about how officially needed 2/3 vote. neil: right. >> republicans caved on that procedural issue. neil: why? >> i don't know. >> they didn't even know what it looked like because the deal was put together later. >> let me take this point. this shows you why trump is so popular right now. you have republican leadership making it easy for the president
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to get this deal through. you know, by the way, there is a good rationale for making it difficult. obama ball and senator kerry and hillary clinton have to go up there and sell it. they have to tell us what's in it. that is why, that's why you had that process that you described before. instead they made it easy, made it easy for barack obama to steamroll this through even though people don't know what is in it. i tell you, this helps trump in a major way. neil: let me ask you, julie. obviously republicans still want to hold the vote. not defeatist. >> not at all. neil: put the votes and put yea and nay votes together, your congressman, your senator voted for this. will that register with voters? >> you know it is interesting you say that there is revolt going in the house right now, republicans people opposing john boehner to prevent this vote from even taking place. before you start blaming barack obama or anybody else, look at your own house, republicans. reality you have people --
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because -- neil: they do kind of look like keystone cops. >> no doubt about it. it is not their deal. let's be clear here. this is president obama's deal and john kerry. neil: pound of flesh they had to -- in order to get congress to weigh in on this, these were the parameters. >> mitch mcconnell has to be asking why? has he ever answered that question specifically? why did he make it so easy on the president to get this thing through? you can say, give all the speeches you want. say it is horrible and horrible. but when you make it easy for a horrible deal to be approved he knows what it takes -- >> procedurally now, this is not partisan argument. they didn't need to have vote at all. the fact they had a vote was compromise with the white house. >> unilaterally shoved down the nation's throat. >> white house unilaterally could do that. >> how do you do that when you have sanctions congress approved? neil: sent it to the u.n. first, even if this were shot down, four out of five countries
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lifted sanctions. so iran -- >> let's be clear about that our bilateral sanctions is still in place. united states is not lifting sanctions on iran. neil: but all the others are. >> that becomes issue with this deal with the incomes president. you have money pouring into these other countries and companies doing business, beginning to do business with iran already. neil: fair enough. guys, i want to bring in, sorry, dagen, up to speed with if you joined us donald trump and ted cruz already have spoken. convservative luminaries as well, leaders of various tea party groups. they're ranting and raving at institution failed them on this, or at least what they wanted to see out of this, rejection of iranian measure in extreme cases they fear give iran the bomb. that this is not going to thwart it. this will actually promote it. charlie gasparino, the fact of the matter is, that it is a done deal but when i was looking at most galvanizing issue for republican, top five issues, this was not on it.
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would be on it if we had some hellacious event. >> i think it resonates a difficult way with a lot of republican voters. it resonates particularly with those who are supporting donald trump. supporting maybe ben carson, in the sense that this is the status quo at work. neil: look what is lost in the sauce, ralph. if we still have jeb bush talking to the north carolina crowd. he is promoting his simpler lower tax rates. no one is hearing it. no one is watching it. >> that's my point. i think, i think it is very difficult for jeb to win the republican nomination. i'm not an expert. karl rove is. you are. i hear -- neil: i read a prompter for a living. >> but when you talk to people, there is almost no excitement. here is what i do know. i know a lot of republican donor class, i can tell you there was one reason and one reason why he appeared on brand x today, cnbc. that was speak to the republican donor class on wall street, the fat cats. neil: he also appeared on "fox & friends."
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>> that is more of a retail audience. >> it was a real long haul to walkup stairs, jeb, thanks. >> he is speaking directly to the fat cats. he is worried about raising money. neil: really? >> has to be. by the way there is some anecdotal evidence. you had -- neil: you don't think he will be the nominee? here is what happens. you don't buy summer flirtations we get with outside the bock candidates, herm main cain, michelle bachmann. >> if donald trump drops out the energy will go to someone else and won't be him. >> i tell you why iran is not resonating with voters, it is on what trump is touching on, the rage related to their own personal situation. the lack of income growth and immigration and china. people are unhappy. this doesn't hit them at home. neil: we weren't thinking about 9/11 issues on 9/10. we were on 9/12. >> it would take an event. >> step further. they're not galvanized by this because it is not black or white
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issue. you have people as you point out in the republican base, mitch mcconnells, chairman of the flat foreign relations committee, john boehner, they feel betrayed them on iran, who are you going to behind? that is the problem. >> i look at this more granular. i think this resonates with the republican base different way. not in issue itself but issue the republican establishment caved. neil: matter of convergence that you agree. other issues dominating the news including apple including it is big announcement. it is not a there. it is an it. i apologize. apple came out with a bigger ipad. apparently this one will be 50 yards across. i gotcha, didn't i? will be bigger ipad. but they will also have iphone 6s. jo ling kent knows this stuff inside and out. any other surprise there is? what are we learning, jo ling? >> we haven't heard yet about any iphone update but ipad
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pro will set you back about $800. it comes with a stylus you can use to illustrate or do any sort of medical examinations say if you're a medical student. there is also -- neil: steve jobs swore that off? steve jobs swore that off. >> that's right. they're doing it anyways. that will set you back about $100 and smart keyboard is 170. neil, real issue here ipad sales are flagging. past couple quarters you're seeing very slow growth across entire category inconcluding microsoft and samsung. the category is not expected to grow. as you look at apple's stock and ipad not the biggest revenue generator. neil: delay here. i apologize. the stock is down. i can only read into some disappointment -- i make a liar. has been in and out. this is my young staff lying to me. i'm writing their name on my little tablet here it is -- ralph, but it was down before.
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okay bottom line, it is not. >> green me is up. neil: hello miss condescending. my point is this disappointment so far? what do you think? >> the ipad so far, they're still going through some of the details right now. analysts are still figuring out what that looks like for the stock and for the company itself. the real lynchpin here is the iphone and what will happen there. what the updates look like. is it enough to lift stock price? is it enough to counter slowing economy in china where so much business is predicated. con lines of factors. right now we're not halfway through the presentation. so are there is a lot more to come. neil: you're right. we're getting a lot more details. this is stuff i question when leader of company says, that apple watch has a 97% satisfaction rate. maybe. i'm just saying -- >> nothing has a 97%.
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neil: elected by 100% of the vote. >> all those customers must be men because no woman will ever give you a 897% -- 97% satisfaction rate. what is medical thing they're doing? x-rays? neil: bragging about the ipad pro having extra three inches. >> are you watching on ipad pro? neil: yes i am. >> they're going bigger for the corporate market. >> i knew you were going there. neil: you shut up. >> you are so -- neil: no, please. >> did that with me yesterday. neil: no. don't -- >> amazon. neil: julie what they're saying here, the reason why markets are down, a lot of people are looking. we're down. we're down because of a lot of concerns, not least of which maybe things are percolating in economist. job openings are up. only these guys could twist that into bad news. i wonder how much is apple disappointing. what do you think? >> i don't know.
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listen. neil: don't liberals -- >> because i know nothing about the economy or because i like planned economy. i have this, somebody calling me now. i have a larger iphone. i don't feel i need larger independednt pad because everything is here. neil: is howard dean calling you? >> no. just in my ear. >> john corzine. >> you realize the market is down, right? that's red. while apple, last i looked was up. neil: we're just hearing by the way a new version of that condescending remark. i can't have eyes everywhere. >> it is down again. neil: see that? just as ralph -- ralph, oh look, apple is down just like i said it was. >> probably put the graphic up to -- neil: for all we know, apple could be up. you get the drill here. what is the first period, dagen going into this. five days prior, 30 days prior the stock was in a swoon. that is rarely happening ahead after big announcement.
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>> rarely happens but this announcement was expected to be -- pretty much. neil: is this apple tv and siri? do you like siri? >> no, i hate siri. i never talk to siri. a apple tv is interesting because they're opening up to games and other apps. neil: everyone does. what about netflix? >> this is like, to manage all of -- neil: siri yapping away on this thing like other things. i don't know, where are the big bells and big whistles? is that the actual size keyboard he is standing next to too by the way? do we know? >> yeah, that keyboard, i can't see what you're seeing, keyboard has a cool little connector to it. they are all marginal, time to improve and spend a little bit more. that is apple to perform holiday season. that is what they need for
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ipad sales. if you look at stylus a lot of medical doctors and markets will use it. eventually kids will use it. parenting more on app store. so far nothing -- neil: they're saying 97% satisfaction. on the watch. >> by the way if you call the stylus a magic wand neil and his whole family will indup buying it. neil: stop. stop it. >> you will sing bibbid-bopity-boo. neil: we have the dow down. this will hurt either party if all of sudden the market despite hope it turns around? >> hurts hillary clinton if she runs on obama economy. anybody has to be third term of democratic or republican administration. helps her. neil: do you think she gets the
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nomination? >> i do. i do. neil: even if joe biden -- >> howard dean tells me in my ear she will get nomination. neil: did he shout isn't. >> he did shout it from iowa, wherever. every county in iowa. >> if the economy, there is 300 point swing. if economy keeps, fading and markets keep fading she might not get nomination. neil: she will not get the nomination. >> she will get the nomination you have no idea. >> i am constitutionally required but thank you. >> biden-trump, baby. neil: i would pay just to hear you say it. biden beats trump. >> v trump. not calling a winner. biden v. trump. >> will flock to booeden. republican interests will flock to biden. neil: thank you you all very much. to bring you up to speed donald trump hates this iran deal.
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ted cruz hates iran deal. apparently investors are not big on apple deals. trish regan has couple hours to bring sanity back to civilization. thank you, trish. >> i will do my best, neil, thank you so much. we're continuing to follow all breaking headlines out of apple. apple unveiling new version of apple tv. says the ipad will have much, bigger, larger new and improved display. jo ling kent is there in cupertino for us. we'll check back in with her to bring you more headlines. not having tremendous effect on the stock. we also want to talk about donald trump because he is out there rallying against the iran nuclear deal. today on capitol hill about 5000 people came to this you had basically who's who in conservative politics including fellow presidential candidate ted cruz. former governor sarah palin in the crowd. welcome to "the intelligence report." good to see you. i'm trish regan. mr. trump up be ante and rhetoric on

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