talking like they're talking. it's very exciting. very exciting. >> i think it's pretty much whatever you trade, you repeat. >> i'm seeing a lot of millions and bills get to speak a little bit of each language. >> pam anderson, global trader down at bgc partners, stuart back to you . stuart: kneel cavuto is. and, neil, i was trying hard to get pamela to pitch to your show but i'm afraid we just ran out of time. >> you are shameless. even more than promoting queen elizabeth and then you had to end with pam anderson, but i'll get you on monday varney. [laughter] >> all right. welcome everybody, i'm neil cavuto. and speaking of things that sometimes might be politically incorrect, donald trump not taking sides here but is it me or every time he says something does he keep going up, up, up in the polls? this one shocked me, though. we're getting word right now that he is gaining right now

with republican female voters. look at that. now, i don't know how much of this was time post the rolling stone interview and the disparaging comments certain reference to carly fiorina. but look at this. he is gaining with women. 33% support now versus 20% a month ago. this is an intriguing development here, folks, because the female vote that mitt romney lost by 10 points that virtual assured barack obama's reelection. so what's going on here? and how is it -- donald trump of all people is the beneficiary. and gerri willis. i guess, gerri for the time being mr. trump seems to have with a lot of women. what do you make of that. >> i can't figure out who he's going to have to insult that people get really ticked off. >> you were going to say something else, young lady. okay.

>> what do you say? wrinkly, preachy; right? >> well, she's dead but holy cow. what do you think? >> i think his candidacy is like the jersey shore. it was a ratings juggernaut. people loved it. snookie, oh, i can't wait to see her fall down again in the sand. oh, who -- how much are ronnie and sammy going to fight? but guess what? people then got saturated with the vol i see his candidacy in the same way. and at some point and there won't be a marker on it, people will get sick of the insults. what? what? say it. >> i have no idea what you were talking about. you made the assumption looking at me that i watched jersey shore. >> the jersey shore has canceled. >> i know. i have standards on these shows. >> mother theresa; right? >> thank you. thank you. >> ran its course. >> all right. yes i -- what

she's getting at and she said eloquently there in the end i wish she had started earlier that way but what she's saying is, look, this too shall pass. whatever is holding this guy up in the polls right now will dissipate, particularly with female voters. my only point is it hasn't happen in the better part of 70 days it hasn't happened. so -- >> i have to say that the activists are giving donald trump a lot more slack than he would let's say a politician. the difference here is that his attacks on jeb bush about being low energy when it's an politician, it's an easy target when it's an outsider like carly or ben, i think they're uncomfortable with that and we're starting to see it with the surge of ben carson but guess who else has gone up. ben carson. >> but it has not come to donald trump's expense. in other words, it is not -- >> not yet. >> fine but you guys all say the same thing.

not yet, but just you wait. we're still waiting. >> we're still waiting, and i think -- you know, this is all about how ticked off p (o) people really, really will; right? this is about anger and every time he says a politician, look what i'm saying next, people go right on. >> i know. but women do that as well, which is why i booked three women. why is it happening? >> when people get called on the phone in these polls right now, if you kick off -- list off the names of all the candidates, people go, oh, trump. pistol. the day where people go, oh, trump, a different word. >> even following social media on what the women are saying out there. in terms of the women grassroots activists, this carly comment i think really was personal. >> who cares about the grassroots activists though. they're. >> they're the ones that vote. >> broad american vote. >> i'm talking about the gop

voters who go out there. when i say grassroots activists, those are the ones that are going to vote in the caucuses, the primaries, those are the ones that we need to listen to. >> well, ladies, really quick, he gets the nomination and the rap he's an instant loser but he's moved from 40 plus points behind hillary clinton to a virtual tie with her in some polls nationally. >> but among women she still has a double-digit lead, according to the cnn poll. in a head-to-head match up. >> barack obama mitt romney -- >> now, what's interesting wall street journal today hillary's with white female voters in this country are falling. her favorability numbers have been in decline with that critical group of women. donald trump's rising. >> go figure. >> you're a hater and you fail to see whatever your views, i think it is -- no, listen to me. you had a discussion with maria, you're great on that show, by the way.

i think this issue came up that enough people are coming in to compensate. but disenfranchised voters who will more than fill that gap. >> i think he has great energy that compared to all the other candidates, they iraq that energy, that passion. but i also said privately even conservative female voters will look at their husband and say if i found out you vote for that man, you're not getting any of this for four years. [laughter] neil: you know, there is that element of risk. she -- our southern longhaired donald trump. and that's -- >> is that an insult or comment. neil: i don't know. i'm thinking that out. gerri is thinking i don't want to do this again. >> sitting here quietly. neil: i want to thank you. but, you know, there is something that all of these ladies said and that is that this idea that maybe it's time

to take on donald trump. whether on these comments or other comments. bobby was at it yesterday and he's guns blazing. take a look. >> he's not a serious candidate, he's a narcissist ego maniac, he's for raising taxes, the only problem he has with top ground government is he's not in charge of it. neil: a lot of people could read into this fundraiser extraordinary that this guy is trending in the polls to make some headway that the governor might be getting a good attention. >> this is a desperate cry for attention, somebody that's fading be this is someone that's trying to stay politically relevant and what better way to do it than try to start a little war with donald trump?

now, whether or not donald trump will play with him it remains to be seen. neil: tweet the response and all but. here's what i'm thinking. the debate next week, i mean they'll all be out to cut trump down to sides or try to. jeb bush maybe realize that an attack attack doesn't always work, rick perry has discovered the hard way that if you go after this guy, you think of the polls -- it doesn't mean that that attack is what sunk you in the polls but many have come to find that attacking him is trying to go after teflon; right? >> it's just a different genre. it's trying to merge an entertainer reality tv star in with, you know, a serious discussion on politics. neil: by the way, and i love you to death -- everyone calls him an entertainer. long before the apprentice and all these stuff he was doing with the ms. universe pageant.

he was a billionaire casino and mogul. but the fact of the matter is all of that came about because of his business notoriety so that's a cheap shot on the donald. >> he is a businessman. neil: yeah. >> and a lot of people know that and there are a lot of people who talk behind the scenes on the way he has conducted himself doing some of these business deals. neil: all right. but is he leading in the poll? is he now leading -- is he making great headway among women? i mean what the heck is going on here? and what do your bundlers tell you? those people have lots of money. what do they tell you? >> he is leading in the polls and, neil, that's why it's so confusing. and that's why people don't know what to do with him and b number one my donors are saying when is he going to fizzle and will he fizzle? and the question remains if he does fizzle, neil what is going to be going on on past that? is it still going to be an antipolitician movement? what does that say that trump

fizzles, does that mean that carson and carly fizzles? . stuart: it sounds like -- this is what makes a lot of people hang up, they're very swarmy not you be with but you can face the reality that he just might be the nominee. so they hope against hope, well, if and when this guy fades, who's our back up person? what if he doesn't? what are they going to do? what are they going to do with their money? >> i'll tell you exactly what my going to believe of. they're going to back him, going to them help him because i was in the hamptons this weekend and the big thing was people had these big hats and they're coming up and very wealthy people laughing and talking and then they got serious, neil, and then they said you know what? he actually may be the nominee. and i said, well, if he is are you going to support him? and they said heck, yeah we're going to support him. we need someone, we need. neil: see that? that is a seminal shift right there, young lady. that has changed their posture

to never, ever. >> he has a teflon brand. look what he said about mccain, look at this. nothing is sticking on him at all. neil: and even with women; right? >> yeah. neil: well, there you go. thank you very much. >> thank you. neil: we've got charlie gasparino here. take a look at this iowa poll. donald trump like a lot of these polls is in first place. look at what happened to the guy who he's like a favorite son next to scott walker in 10th place right now in iowa. that's the kind of thing that gets scott walker guys nervous. >> yeah. and they've been nervous for a while. the real guy to talk about this is anthony -- neil: but we couldn't get him so you're a back up italian. >> andy won't admit this but i know people that will is that right now scott walker is having a hard time raising money. neil: is he really? >> and, by the way, jeb's having a hard time raising money. neil: new money.

>> yes. is that he has that big war chest that he can unleash at some point. and donald trump has really, you know, reduced these guys i keep saying it he's emasculated them for lack of a better word. neil: when you say having trouble getting money, is the money crowd saying we think trump could win it all so why should we waste our money on you? >> yeah. holding back, we don't know where this is going. neil: right? >> we are not going to commit to you right now. we are not going to give you anymore because you're either doing lousy or this thing is a mess. neil: well, how does trump? he says ed want any money but -- >> that will be interesting to see trump with money. one of these tests for donald trump will be does he actually spend his money? i mean he's kind of a tight wad. does he go out there and do what the others who have race money have done? you know, create organizations in different states, you know, donald still retweets.

i'm not saying there's anything wrong with that, but you should really. neil: so do you. >> yeah. but i'm not running for president. as a matter of fact, i will tell you this. when you retweet people, you should research who you're retweeting. it could be some nut job. neil: and don't you know that. >> but do you understand what i'm saying? neil: i do. i try not to pay attention. but you were saying. >> you understand that. neil: you need to do -- >> that thick skull of yours trump has got to raise and spend some money. neil: he doesn't have to do that tom right now. >> he can just use his twitter account. neil: well, is it working? >> for now. it's not going to work forever. neil: we'll find out. and if he's as cheap as you say he is, he doesn't have to. >> my question, my thing with donald, does he really spend that money? is he going to spend a billion dollars of his money.

neil: he shows up at an event. >> he doesn't have to spend a billion but i would say conservatively half a billion. neil: but you say he's too cheap to do. >> we'll see. i will say this. neil: that was a bit of a slip. >> i will say this. i've been critical of him, i want to see what his tax plan is about. neil: he just wants to raise your taxes. >> but you've got to admit. he is making this interesting. neil: absolutely. >> i mean he's a reporter. neil: absolutely and every time someone dismisses him. >> you brought up something to you before. to whom? neil: i don't want to repeat. >> i'm rooming with you every day. neil: yes, you are. >> so it all blurs. neil: well, i don't know. oh, look ralph, did you say time to go? >> how much of those idiots get paid to work for that publication? neil: i hate you. >> do you like -- neil: i like you. >> you said you hated me. neil: well, that was strong.

we're keeping track of this and the dow right now. up about 65 points, this will be a positive week; right? charlie? >> i think it is. the greatest stats guy in the markets is charlie brady at fox business. neil: did he have a great game last night or what? oh, that's a different brady. we're going to have more right after this. there you go

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neil: all right. new hampshire right now you're looking at presidential candidate lindsey graham with who i spoke earlier in this week, he will make it to the american people, he did not make that debate that's scheduled for cnn next week although he will be at the so-called kids table. he says his failure to rely the urgency about foreign policy and the threat we face is on him but he still think so it's real and john mccain in new hampshire today he is remaking his case on the 14th anniversary of the 9/11 attacks on this country. the foreign policy still matters that the threat of bad guys abroad who wishes sales still matters and who knows that better than andy card? you know, anderson would he be i know you've had your share of interviews today and all of this comes back to you today and for my money and my memory this is what they call

the preverballial money shot, and the president that we had been attacked and the president was at a florida elementary school,. >> ma e-booker school, which was an elementary school, and he was speaking to 2nd graders. and the day was supposed to be centered around leaving no child behind in education. neil: now, at this point or prior that it looked like a small twin engine plane or something had hit the world trade center; right? >> the president was told just as he was walking into that classroom by the director of the white house situation room who was on the trip, captain by the name of deb, that it appears a small twin engine plane crashed into one of the trade centers in new york city and we all thought it was a horrible accident, they had a heart attack or something and then the principle opened the door to the classroom, the door shut and then deb came up

to me and said sir, it appears it was not a shawl plane it was a commercial jetliner and then a nanosecond later she said, oh, my gosh, a second plane hit the other tower. neil: so got news of the first commercial jet, hit the first tour. and then some minutes before. even the first tower, you were still under the assumption of a horrible accident; right? >> yeah. the second one confirmed the accident. the second one said it was not a coincidence. neil: the president has all these years since is yes continued sitting there reading to the kids, talking to the kids, why did he do that. >> i don't know but i think he did the right thing. for three reasons. the first he did nothing to introduce fear to those very young students. neil: all he had to say was i've got to leave now. but he didn't want to do that; right? >> he didn't want to do that. the second thing he did nothing to demonstrate fear to the media.

neil: right? >> that would have translated it so the satisfaction of the terrorists all around the world. neil: it looks like his mind is a thousand miles away from those kids understandably. >> i truly believe that he was focusing on his job. president of the united states has a unique job and it's outlined in the aught of office that they take. neil: i understand that but when he left that room after that, then what happened? >> well, first of all, i got things ready. ing i said get the fbi director on the phone, get a line open to the vice president, get the crew back on the air force one, we have to get the motorcade ready. neil: at that point you didn't know if there could be multiple attacks all over the country, there were a couple more. but. >> the president walks into the room and turns out it was about seven and a half minutes after i had whispered in his ear and he said get the fbi director on the phone and we said right here, mr. president.

and then he said we could address the cloud leaving no child behind education. neil: right? >> and we told him what was happening and he told them they were, though, washington d.c. but i knew he was not. neil: and all of that was by design and understandably so but the markets were closed to days and come back and selloff in mass. did you appreciate then the he enormousity of what was going to be. >> i knew the president was going to be caring an unbelievable burden and i didn't know if there were other attacks but i had to be cool, calm, collected and instead the reality of the responsibility. so i really tried to be objective, analytical and helpful to him, but i would also discouraging him from making irrational decisions. so when he said we're going back to washington d.c. when

we're on air force one and i said we're not i don't think you want to make that decision right now, i kept questioning his decision. we had a big argument about it. neil: okay, thank you very much. thank you so much for a crucial time in our history. >> thank you. neil: 14 years ago. today. we'll have more after this

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. neil: all right, take a look at the price of oil. slip sliding away here. we're already getting a whole bunch of people saying especially goldman now saying could get to 20 bucks a barrel if not lower given the bleeding world economy and the supply of this stuff. we've got jeff flock at cme, where obviously this is weighing on these guys. jeff, what do you got? >> reporter: doomsday scenario $20. when they put that out there, like goldman puts it out there. crazy.

we're in the ag pits, neil, they started trading today. the world agriculture supply and demand came out today. the corn pit that you're looking at there. they were forecasting that oil would be $57 a barrel next year. now they say closer to $45 a barrel. about where it's trading right now, as we look back at chart, we're down now about $1.09 what we're down today. and the only good news on that gas prices. they continue to tick down, and there's nothing i don't think that's out there that would indicate they're going to gain any time soon. good new, bad news, there you go. neil: inherent in the goldman report is the idea partly a slowing world economy, but i'm always wondering if they can overplay a weak market and say it's going to get dramatically weaker, normally that's an inflection point if prices go higher. obviously, not seeing that

today. are any of the guys saying this is overdone, this downdraft is way overdone? >> reporter: most of the oil traders in the pit say this $20 is crazy, crazy talk, and goldman says that's a doomsday scenario. you got a lot of people buying bigger cars these days. demand in the u.s., as you saw the demand figures are up. i think demand is going to continue to be high. but there's a lot of oil out there. no question about it. we were in the patch earlier this week, they're pumping. a lot of oil. neil: thank you, my friend, jeff flock in chicago. cuts both ways, you hear lower gas prices, they're great because what folks save at the pump, they spend, it helps the economy, then the flip side of that is yeah, but we have so many oil related industries and jobs, almost 60,000 jobs lost through the course of the sumner this field alone it's going to weigh in the economy. which wins out? after this.

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markets, they play in the overall disproportional factor. if they're hurting or not making as much money and laying off people, about 60,000 to date this year and there's more of that, then that can't be a good thing. which wins out? does it help or hurt our economy longer term? we have ryan tate and joanie courtney on the impact this will have. help or hurt? >> it can help the economy, but certainly the oil sector is feeling the brunt of the layoffs and the job cuts. we see at monster, the job postings in that particular industry are probably down 50% year-over-year, and that number is even trending up. but that's still a very small percentage of online job postings. overall jobs are up like 4% year-over-year. so it is leading into other sectors.

neil: there are other sectors that feed this industry. if you are in oil, ryan, their oil services and those that make their breaks on equipment that service that industry and on and on we go. it has a domino effect if one goes bad. they go bad as well. do you see that happening, and if so, does it cost more jobs than we've seen lost thus far? >> yes, first, you got to remember and realize that consumer confidence is up. it would be a real problem, neil, if americans weren't spending the money they're saving, but we are. so i think if this is a long-term situation, if we don't have the roller coaster high and low, high and low, if it stays low for a sustained period of time, overall that can be very beneficial as the markets correct and the money isn't lost, it's transferred. as long as we're spending it. and by most accounts, 6-8% of the money going back into the

american homes pocketbook in discretionary spending, and if they're spending it, it could have a good long-term effect. neil: in other words, offsetting what's going on. guys, as you're chatting here something that is relating to this, what's going on in the house of representatives. two different measures they're voting on. one to disapprove this entire iran measure. another one voting on a bill to restrict the president from lifting sanctions on iran outright. neither of these necessarily mean it's going anywhere, but this deal is a done deal whether you like it or not and this might be more parliamentary kabuki theater. joanie, i'm stepping back and saying this doesn't change the fact this is going to happen. it doesn't change the fact that iran's going to have two million barrels of oil on the market and continue flooding the supply that's already flooded and continue to lead to oil prices going lower. would those assumptions in place, and assumptions are just that, assumptions, then we're going to see more job losses

and going to see lower oil and gas prices. problematic, you say? >> no, i really think that we will see the job losses impact that particular sector, but we're certainly going to see continued increases, and i agree that more money in the consumers' pockets will certainly lead to them spending more. confidence is up. we're seeing auto sales, you know, come in strong, retail sales moving in the right direction, construction, housing, people are investing in their homes, so i think the lower oil prices could have a positive impact on the economy and gdp, which we certainly -- you. >> never want too much. i understand. but ryan, you never want too much of a good thing, right? it can go too far or can it? >> that's what's beautiful about the american economy. when left alone, and when you remove the regulations that

drag it down, free enterprise and capitalism will work. you look at what opec is doing you look at iran and the other foreign countries, they're still continuing to flood the market. they're trying to price us out iful in hopes they don't lose market share. i think what we've done is try to become more energy independent, so we have a lot more production here at home, and this is just a result of that. we're take care of ourselves. hopefully we have a good price that is affordable for americans at the pump, that gives us the discretion, the income to reinvest in our homes and have a good stable, sustained economy in america. neil: i wish i had more time. i want to get an update on the alerts out of washington, that the house has gone ahead and defeated this bill to approve the iran accord, but that doesn't change the equation here, separately they're working on a measure to prevent the president from lifting sanctions on iran. that is not expected to go

anywhere because the numbers aren't there to override a likely presidential veto, even if it got to his desk and the senate's hands are tied. nothing happened because of the cloture vote yesterday, without getting caught up in the weeds the president wins on this. the accord is happening in fairly massive numbers against all of this, it's not going to matter. bottom line. we have an update on mortgage interest rates, still low, ticking up a little bit. but when people start fearing they're going to miss a key opportunity to refinance a mortgage at the low rates and whining about a 4% mortgage, let me tell you kids something back when i was your age, that's what my wife and i were paying a day. and we were grateful! i sound angry. we'll have more after this.

. neil: all right, it is

official, it is rumored, we're learning from josh earnest at the white house, that the president is not going to be staying at the waldorf astoria in town for the u.n. meetings and the annual conferences. that is the hotel du jour for u.s. presidents, since been swept up by a chinese firm. all the fears of spying and all of that stuff. in a dramatic departure from form the president is staying at a days inn on twelfth avenue. [ laughter ] >> i had you going, he's staying at the palace hotel, which isn't too bad a place. i have my expert on here, what do you think of that? >> the palace, much more fitting. there is the trump soho, the rooms might be too small for the president. it's silly, neil, the chinese are buying up all these properties. neil: and putting microphones in all the rooms.

>> that's right. neil: this stuff does happen, in what kind of telegraph. that's interesting, because presidents as long as i can remember, that's the hotel of choice. >> always. neil: it was a great venue, easy to get in and out of. everything is crowded in new york. there is a holiday inn on 48th and 11th? boom, right on the westside highway, but that was not his choice. >> not his choice. palace. neil: palace is the one. doesn't the palace go back to that, had controversies in the past, leona helmsley and all that. >> there's been controversy, a great hotel lobby and i'm sure he'll enjoy his stay. neil: they don't bug the rooms from what we know. >> i'm sure there is a chinese investor involved with the property. neil: wouldn't be that kick? we forgot to tell you. a lot of you are worried where he's going to stay. i would have put him up, we don't want everyone to be in a bad position, we offered for the pope when he's here, if

you're looking for a place to stay, come on over. hope you like bocce ball. i want to talk interest rates with you, a lot of young people seek my advice when it comes to getting mortgages, and the one thing i hear from particularly young people is my gosh, mortgage rates are over d i mi i'm thinking to myself, my wife and i got my first mortgage, we were in the mid teens, leave it at that. and we thought we were geniuses back in the 80s. so what is it that is freaking these guys out? >> it's the fear that the cost is going to go up. but the cost is not going to go up significantly. i think we're going to see rates rise a quarter point, maybe a half point, by the end of the year, i don't think they're going to raise rates in september. consumer sentiment was down, way, way down this month. and i think that that's going to push the fed decision. also you have a global sell-off. neil: you don't think they'll see a rate hike next week. >> no. neil: everyone thinks we're due

for one at the end of the year? >> we're document for the last seven years, we've had rates at0. we've created asset bubbles because interest rates have been so low. neil: that's why young people are nervous. they figured i missed my boat. what do you tell them? >> you're not going to miss your boat, we are due for a correction in the housing market. in some markets i don't think across the board. in new york city, san francisco, miami, you've seen prices go through the roof. neil: a lot of these, markets notwithstanding, levels were nowhere near the heist the housing boom. so people would say it would take a lot to sort of reverse this because we still haven't compensated. >> but we still have a lot of concerns of the overall economy, and that plays out in the housing market. people buy homes with jobs. we have an unemployment rate in the double digits. 10.4, 10.5%. we have a labor participation

rate at a 38-year low. so when they talk about a 5.4, 5.5% unemployment rate. it's nonsense. i don't think the fundamentals are at work and the housing market will have an impact, just like you're seeing the equity markets. >> real quick, you could argue if the fed does raise short-term interest rates, long-term rates could come down. >> they could come down. >> you don't see that? >> i don't see that. go up a little bit, very gradually. neil: okay, as you were speaking, we got a correction from the white house, the president is staying at a holiday inn express. [ laughter ] >> i just have fun with these stories. when they choose these venues for presidency, because they have whole command teams. sometime it's like 100 people. and that's just for one president. and all the other guys visit town and they want to stay at primo place. right now it's the new york palace hotel and it's not the waldorf. that is like so 2014. [ laughter ] >> more after this.

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to help you keep rolling with confidence. go long™. ♪ . neil: all right, we're getting more news here. the house is busy bees today, not so much the senate for whom this senate action on iran is no action. they're not going to be able to do much. hope spring's eternal, republicans say, but that's not going to happen. lifting the sanctions on iran, i.e., sanctions better than 100 to 150 billion dollars worth of frozen money of iranian money in this country since 1980 or 78 or 79. back to the carter days and it grew and grew and grew, that is iranian money, and that is the house doesn't want the money released back to the iranians

because they think they'll build bombs and kill us. the flipside is the damage is already done, our unpartners who voted unanimously i point out to lift the sanctions are in the process of doing so. that frees up 80 billion dollars just on their end. and this house measure doesn't go anywhere because the senate isn't going to take it up, and if the senate doesn't take it up, it doesn't go to the president. something that is happening, tech ipos once the rage, not so much the rage right now. at a 7-year low. we have connell mcshane, jo ling kent from the apple conference, and dagen, i don't know, but good to have you. you know the drill here. >> i have no idea. neil: i love dagen, but we'll take a substantive discussion of the ipos. >> dagen your thoughts on conservative women and iphones?

neil: the tech ipo thing, does it worry you as a market barometer that the market should go south? >> it should worry a tech start-up that needs to raise money. if it looks like down the road that the venture capitalists can't cash out and can't have a giant liquidity event if you will is gog tourt nd-rsing the tech bubble is not so much in the nasdaq, it's in the private funding markets. if you look at corners of the delivery companies, some look dumber than cosmo did back in the first internet bubble. some of them are going to lose out, this is evidence they're having a hard time cashing out at least now. >> it depends where you invest if you're talking about that in the context of uber and airbnb you are not going to be correct because these are companies that are driving tons of

revenue, going up for a verifiable reason. jawbone, square, companies worth tons of money. some worth unicorn level. a billion dollars. to their bankers and to their venture capitalists, that's where the concern is. >> the offerings are delayed, repricing or rethinking that the sky is no longer the limit. >> that's right. >> from the company's point of view, what's the incentive to go public when a private investor is willing to make them worth 50 billion dollars or whatever it is for uber and for the lower rung companies. neil: the private invest were on thes a return on the investment. >> they want to cash out. >> to a longer runway there. they're used to waiting longer and longer for the turnover of cash. neil: supposed to be the year they were going to do. it started out that way. >> there's a lot of market jitters that everyone is concerned about. look at china, the fed. >> and look at how tech ipos have performed this year. >> exactly. >> the whole crop on average is down 15% from the closing price

on the day of ipo, only up 3% from the actual ipo price. that's lack luster. >> wait for a stable market as opposed to a volatile market. maybe next year is a better time to go public with one of the companies. >> if the venture capitalists have grown patience, that's not a bad thing. neil: not a bad thing at all. apple and its fall from grace earlier in the year, started a lot of this concern for the whole tech world, the whole tech ipo world. not necessarily because it has anything do with these but it is a tech bellwether and the bellwether is in trouble. did you get a sense of panic from the apple guys you talked to? >> i did not. i don't think apple is in a position to panic. idea they decoupled themselves from wireless carriers and make iphones directly available to customers gives them a lot of potential. neil: i find that is very godfather like, very tony

soprano. and that was the real story. >> it was the biggest story, everyone is talking about the stylus, and so that really -- neil: what are they calling it? >> the apple pencil. >> of course. neil: doesn't that sound stupid to you. >> when they announced it, i will be perfectly honest, i was out there and laughed and i went inside and demo'd it, it was cool. neil: it violates steve jobs what he was saying. >> this is no longer steve jobs' company. neil: ooh, you did not say that! [ laughter ]. >> i love that. do you have a replay? that was so good. neil: i talk to ralph here, by the way. can you replay that? [ laughter ]. >> look. neil: dagen, i tell you, you got competition. >> i'm sitting over here making my trump face. [ laughter ] >> i knew it! we had dagen a little long and she does the trump thing.

>> the shoulder shaking in slow motion, cavuto. very, very well done. neil: what can i say? but enough about me. much more in the second hour of the show about me. stick around, stick around, stick around.

neil: ... ...

>> all right. so much going on in washington and we could be just a few weeks away, if not less from nothing going on in washington. i'm neil cavuto and you're watching coast to coast on fox business network. we're running up against one of the deadlines and only two choices, raise the debt limit, akin to you getting your visa credit line extended a little bit, and where they cut down spending or cut down a lot or shut the government down period, there's been a lot of acrimony, we have one of the leading democrats on the hill and what happens here. and always good to see you. >> good to be with you. >> we have one of these

shutdowns again, and mitch mcconnell says it's not going to happen and john boehner says it's not going to happen. why are people talking about the possibility of it happening? >> here is why, neil, exactly this time two years ago you had speaker mcconnell and john boehner saying there wouldn't be a shut down and then we had a 16-hour shut down later. and two years ago because senator cruz and others said they were going to shut down the affordable care act and shut down obamacare, this time around you have senator cruz and others saying they'll shut down the government to defund women's health programs and planned parenthood. as of right now, we've asked speaker boehner, we, the democrats, to come to the table to work this out and there's silence on the other end. neil: and one thing about work it out planned parenthood for the shenanigans uncovered deserves continuing coverage, that they want continuing

investigations and hearings into the alleged selling of human fetus parts and the rest. they shouldn't be getting more money, that might be a separate issue and shouldn't be included in bugetary items. >> well, it should not be used as hostage for a government shutdown and again, look, i disagree with your characterization, there's lots of reporting about how these were put together fraudulently. >> you can argue whether they're doctored, we played poshes portions and a lot of them saying human body parts are chips on a disc. and why not take it out of the budget debate and look for funding as republicans have offered? >> well, because the reality is that planned parenthood provides reproductive health care services to millions of americans-- >> other government agencies

and entities do just that. >> neil, i think that you know not one dime of taxpayer money goes to abortion services. i didn't say abortion, i said others provide services that presumably planned parenthood gets the credit when others do. >> and so, here is the republican strategy. anything that you don't like in our existing budget, you're going to take the position that if we fund it, we're going to shut down the government, right? you could take any other item in the budget, planned parenthood or epa they don't like and they can defund that and shut down the government. neil: we can go to the politics of this congressman, but it seems to me the in ex16 months whether you want to blame republicans or republicans blame democrats, we're not going to see much kumbayah between the two. >> i introduced a bill, prevent

government shutdown bill and the first provision is asking the speaker, saying the speaker shall appoint a group of negotiators, republicans, democrats, house, senate, to try in the next couple of weeks because as you said, the clock is ticking to come up with an agreement to avoid a government shutdown, we also have a safety valve, a fail safe provision that says if the speaker doesn't do that, then the government will be funded and that we will undo slightly these very tight caps on both defense and nondefense. >> the treasury secretary said we could go another few weeks and isn't the issue here, we're spending too much, period? >> well, the reality is that i think you're referring now to the debt ceiling deadline. >> that's much farther down the lines, whereas the government shutdown threat is imminent, weeks. >> they're kind of joined at the same big government hip, right? >> the reality is, if you want an extended conversation about the government, and why won't

our colleagues agree to shut down one tax loophole, just one? maybe carried interest for hedge funds, they won't consider the eliminationselimination-- >> you don't see that for the time being? >> no, i think right now, despite what speaker boehner says we're on a bath to government shut down, senator cruise dictated what happened two years ago and-- >> we know the votes aren't there for that. i don't want to cut you short, there's word i want to pass along there have been a shooting or could have been a shooting at union station, across from the capitalol, there's a very, very heavy police presence. we have our blake berman on the way to the scene to find out

what's going on. there's been a move afoot and i think it's the earnest press conference about the syrian refugees. as you know, potentially when all is said and done, 5 million of them flooding the european shores here and a lot of the western world is told you've got to take some in, denmark says, no. germany says half a million to 800,000 and word in washington that the united states is open to taking in 10,000 refugees, but the concern that amber smith has is who do you know who you're getting? and where they're coming from? amber, your big concern is past those who need security and protection, some bad guys might be in there. how do we separate that out? >> absolutely, what's going on in syria and displacements of their people in the areas is horrific. what we have to do is making decisions and national security perspective.

we can't attempt to help and assist with one problem, but creating another. and what's happening with these-- allowing the 10,000 refugees to come into the united states, we have to realize that terrorists are going to attempt to manipulate that and come into the united states with an attempt to plan a future attack against americans. neil: you know what i always worry about this, amber, you as a former u.s. army helicopter pilot, you must concern yourself with this i'm a little older, but i can remember the cuban boat people and tens of thousands over rickety boats and fidel castro opened up prisons and mental helicopters and the rest and other asylum seekers. we were taking them in and later learned there were nefarious elements. i don't see any sort of a mechanism by which we're sifting through these crowds, but maybe there is a plan.

i just don't know of one, do you? >> yeah, the problem is here is the vetting process. as it stands now with normal refugee situations once you're in the refugee camp you have to apply through the u.n. and the u.n. makes recommendations to the united states and state department confirms whether or not you meet those ref guy-- refugee criteria and you go through the security background checks and other parts of the intelligence community, but the primary thing that they do is homeland security official goes and does a face-to-face interview with the person that's coming into the united states, but because of securities corpse -- concerns around iraq and lebanon, that has been a concern and that's not happening. neil: thank you. lots going on in washington. we're just learning right now that washington police say there is not an active shooter situation going on right now at

the station. we learned that the suspect is in custody right now. we don't know if people were actually shot, but this train station, which is a major thoroughfare in the washington metropolitan area, serves as a mall and that mall, is it reopened? that portion has not, but things are back to normal, just heightened security there, but this is right across from the u.s. capitol. the suspect, we're told, in custody, all has returned to normal or whatever normal is in washington d.c. all right, we've got retired lieutenant bill cowan with us on these refugees again. what we're to make of them and how many we're taking in. as you probably heard from amber, 10,000 is the number, could be more. obviously, we felt an obligation to do something. the germans are doing a lot, 800,000 and kind of strong

arming others to do. >> who do we know who they're getting and how safe they are? >> we don't and amber was excellent in her interview. the number is 10,000 right now and there are congressional democrats saying the numbers have to get much higher. the pope is going to be addressing the u.s. congress the end of this month. he's going to tell us who we have to have to need more people coming here. i would say we're talking, 10, 20, 30, 40,000 before it's gone. we have no way to go back and vet who these people are. we don't have the ability to go look at local police records or talk to the syrian government about who they are and what they are. it's going to be very, very difficult and frankly we put ourselves at some risk when we are going to be stampeded into taking refugees. neil: colonel, i want to switch gears, we're told that president obama is likely going

to meet with israeli prime minister benjamin netanyahu in early november, not saying whether he'll talk to him about in big u.n. con fad. what do you make of that and how that will go down. and you indicated as well from your visits in the region, israelis in particular benjamin netanyahu not happy about the iran deal, that it's dangerous that they're going to build had a bomb and kill us. you know the drill. >> and seeing them honest and open, i think our white house administration is in this hopeful mode that everything is going to work out fine and there's kind of legacy left behind by president obama and others, but benjamin netanyahu is concerned. he's not the only middle east ruler concerned about this. other countries in the middle east are concerned about this agreement. i'm glad the president is going to see, meet with benjamin

netanyahu, if in fact he does and visit with israel, the dynamics and the pictures, the photo ops, that's not going to change benjamin netanyahu's opinion and the president is not going to change his opinion. only time will tell whether this is a good deal or a bad deal, a lot of people are signing up for it. we all hope it's a good deal, but it's hard to believe that it really is. neil: all right, thank you very, very much, colonel. that's something slated for november. this is separate from whether the two leaders meet at the u.n. confad. and the president not staying at the waldorf atora-astoriawaldorf-astoria, he's going to say at another hotel. that was the hotel of choice for presidents, no more. and now, hillary clinton says if she became president and found out iran cheated, there's an option.

and others say they were wooed because of that said military option. do you think we'll use it? why a former reagan aide seriously doubts it and what he thinks ronald reagan would do after this.

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yadda, yadda. does that ring a bell? and the guy that served them very well and wrote a best seller. and they said on this, that you and i were chatting and this is the challenge, right? ronald reagan was the first at the soviet union. and there's no shame in barack obama doing the same here. and what is the difference? that reagan was big on making sure the soviets would honor agreement, how would he handle this iranian one? >> no, i frankly think i'm a great supporter of israel and i wouldn't want anything to happen here, but i think that reagan would go along, as he did with the russians and he negotiated with the soviets when it was a much more difficult time. they had thousands of nuclear weapons, and we were telling

them to stop them from getting one. neil: you think that reagan would do-- >> in this one i'm not a supporter of obama. i think we have great military power, he hasn't used it against isis, however on this one i think he's following a reagan path and i think that the verification has got to go look. neil: i'm sorry, so on this, they're on the same page reagan and obama. >> i think so. neil: i want to be clear, you're saying that the verification that we have in this, to check the iranians are doing what they're doing, would it be up to reagan's standards and your standards? >> the answer is trust, but verify. neil: i know that, but do you think that this is that kind of agreement? that we can verify what the iranians are doing. >> yes. >> you do? >> i do. and the answer is, you know, if nothing happened with this and we didn't have this in the congress, you know went against it, there would soon be a bombing of iran, okay? i've read the other day that we

have a 30,000 pound bomb that can go through any mountain. neil: so that john kerry is right in so far as saying the only alternative is something uglier? >> it is. neil: and all of these republicans are jumping ugly on the president and saying nasty things about the deal. that's not fair? >> the problem is they picked the wrong issue, picked a losing issue. they're unhappy with the president, this isn't the way to do it. when you have an international situation like this, you've got to come together and i think that republicans now have two different bills and-- >> oh, no, keystone kops sign as far as mixed messages. let's say we verify that they are cheating much as north korea cheated in deals that it made with bill clinton and later on with george bush, then what do we do? >> well, they're different levels. neil: i understand. >> and one of them is economic we have snapback that put into effect and i've learned from

the treasury officials, they're tough. neil: should we have a military option? >> of course. and if-- >> do you think we would use it? >> i think, i hope the president would use it. he hasn't been too quick to use-- >> in other words, i talked to some democratic senators and the reason he supported it because that if the iranians cheat we have that military option. hillary clinton says if she were president she would use that military option if they were cheating. do you think that would happen? >> i do. i think if it was serious enough, i think it's gradation and economic could be first steps and then if it's bad, we would-- >> we'd have to know like where the nuclear facility was, right? >> yeah, i think they do and also, one of them is in the mountain underground, as i said, that we've developed weapons that can take this out. >> do you think they're clever ough

spread all of this all over. >> we have ways, our self, we have intelligence information from inside, you know, there. one of the things that people aren't thinking about on this is that 75% of the population is under 30 years of age and these young people, they like the united states and they want to use the internet and all of these things and puts great pressure frankly on the leaders in iran. and in three or five years, if this goes right, you could have the mullahs children voting against him and throw him out of office. i think that people are not realizing that there's a greater significance to this inside iran, you know? >> that's what we've been hoping, right? >> you remember the play "damn yankees" everybody loved the yankees, but hated them. that's what we're in now. and these situations in iran and other places around the world, they want the united states to be the policeman, you know, we have the largest force in the world, bigger than when

the roman empire conquered the world. 11 aircraft carriers. >> you were there covering it at the time. >> yes, i was. neil: i'm kidding. you're a really gentleman. he was working back at the time with nakita khrunichev and you were what, 11 years old. >> put them together. very impressive history, if the ambassador is right, and hope springs eternal, do a deal, verify the deal, make sure it's happening, but do it, and they're doing it. and now the part is proving that they're doing it. we will have more after this.

>> all right. welcome back, everybody. you are looking at avenue america at midtown manhattan right outside our studios here. it's hot today, right? it's a little better out there. and i notice that people are going about their lives, life

is okay, but you think this concern and this fixation on interest rates moving up that has so almost i am prisoned the markets as they wait to get some sense in the tea leaves and janet yellen, and whether this is happening next week or a couple of months from now, that this is going to make or break the world. and best i could tell, people are still going about their normal business and financial expert larry glazer says that's because even if the federal reserve were to hike interest rates, it would likely be by a quarter point and not a string of hikes. and it's not the end. world. that's the fear, that we've gotten spoiled for almost a decade for rates near constant zero and we don't want to see it move up because once they start they don't stop moving up. what do you say. >> it's certainly not the end of the world.

in anticipating, the fed's policy change has almost become an obsession for investors. on wall street, it's practically the national past time. bigger than fantasy football, will they raise, won't they raise, by how much, when will they do it? look, the reality is when the fed eventually does raise, it's probably a welcome sigh of relief to get this uncertainty behind us to focus on the real economy, what really matters to most people. and in fact, many areas of the economy and many consumers actual benefit from this change of fed policy. >> so it could be a good thing. >> the rate hike is what, now we should do it. the world bank says please don't do it. >> sure. >> and christine lagarde and i can do the french accent or-- she said please don't do it, now is not the time to do it, isn't it? >> sure, the window has been open and the fed should take some action to retain credibility and benefit the many retirees in the country earning zero on the savings rate.

why should they be penalized? and higher interest rates keep gas prices low. benefitting the consumers ahead of the shopping season, benefitting businesses that transport things, there's lots of good things. how about your small local bank penalized by the low interest rate policy is this they benefit from higher rates, they can lend money, they can help the community, and even businesses, they've been doing financial engineering because of low interest rates, it will cause those about ises to change their policy and forget the financial engineering, they'll have to invest, and grow their business and hire, take risks and do things to help the middle class. there are benefits we don't want to lose sight of. we can't get too upset with the monster in the closet that might be a quarter of a percent interest rate increase. >> and we go through next week, october, november, december without a rate hike and the fed has telegraphed if not drawn a proverbial line in the sand.

it's going to happen and we're going to do it. if they don't, wouldn't the markets panic on that? >> sure, well, it sends a bad signal to the market and volatility we've been seeing is in part due to china and in part due to overseas concerns. also in part due to uncertainty related to the policy. investors don't like uncertainty. i think that volatility will continue until the fed takes action and there's some clarity and then there's some confidence, people can look at the fed policy and say, gee, they're saying the economy is better and they have the confidence in the economy to make a small adjustment, we're no longer in an emergency interest rate. and that we'd benefit from. neil: larry is so good at this essentially saying the fed is damned if it does, damned if it doesn't, which is amazing. here is something more amazing. millennials, young people might be in the room with me.

they're-- they would consider selling an organ to down their debt. i want to know which organ. 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 its 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.

>> a lot of people thought i was making this up yesterday. there's a survey among millennials, so seriously in debt they would seriously give away an organ to pay off their students loans. i wanted to bring in our boomers, they're not there all the time. we've got steven and charlie

brady and-- oh, sorry. and lizzie mcdonald's and who didn't show up today? >> like a show to passover and set the table for charlie gasparino and he didn't show up. neil: even the chair doesn't shut up. liz, stressed out? >> they can't wait and restructure their debt. and you know what i mean? i would give it-- yeah, restructure my internal organs and give one away. and i love this other stat as many people would-- >> it's internal and they'd just as much sell an organ, go on active duty, give that for given. you know what i mean? >> and this is a generation that is totally focused on the present, they have no knowledge of what-- they don't care what's going to happen 20 years from now. neil: they're stressed out, they've got 100,000 on debt. >> they should figure out how to get out of it.

>> they come up with a solution and sell a body organ. >> it's a great idea. born from people that don't give a darn about what's going to happen. go you're going to sell a body organ it's usually in my view to save a loved one, a wife, a child, a cousin, what have you. you just don't sell it-- >> if you're overwhelmed and you're at loved ones, if you want to help them or get married, look, i can't afford anything of this unless i sell a body organ. >> whoever said that college costs an arm and a leg isn't that far off. >> say, say. >> i have a son who is in 11th grid just now and after researching this topic and being in the segment, i'm thinking, i look to sell a kidney of my own, if there's a market for it. a slightly used kidney. >> and what's the difference between you and i coming out of school, and i know it's higher. what do you make of that. >> the problem is the majors,

they sound like fun and medieval french poetry and-- >> and you know, i mean, what kind of-- >> i digress. >> they're just looking for an easy way out. and i mean-- >> i love you to death, it's not an easy way out, selling a body organ. >> they don't conceive of it as that. >> they're that desperate though, have you ever been desperate for money? >> why yes, i have. i have been desperate. >> hello. >> hello. >> no, i did not, i worked it out. i worked it out. >> and the point is well taken listen, they have $100,000 plus in college debt, that's a lot of money. so that's an indication-- >> and i like some of ours-- >>' they feel so stressed out about it. >> what can we do to help them now? >> it sounds like me that mr. brady is going to be cheap

with his 11-year-old son, maybe he's going to stress him out. >> trying to talk into one of the military academies. neil: look who the wind blew in. the meek and mild charlie gasparino. >> i just sold my spleen. >> we'd get rival bids. >> you sold a liver for $100. neil: they'd sell their organs for their debt. >> my producer gave me the wrong time for the show. maybe she should sell her brain. >> i think it's a sign of desperation, who could argue with that. it's a sign of desperation, but who is desperate over-- >> how about stupidity? >> stupidity more, it's a sign of desperation, but look, these memorials are in a way, they have more friends like lizzie and i were talking before.

they have a thousand friends on facebook, they have no close friends, there's no bonding, there's no-- >> and what to do with their angst. what of the things they're raising with all of this debt. and selling a body organ, you're crazy desperate. >> you know, i think that he's hitting on something here. because they don't look-- >> look at mr. leib and donald trump donald? >> well, being polite to him. listen, i've known donald longer than mr. leib. and i was going to say for the moment, i think he's got it right. he's got it right. >> no, china! >> china is becoming a serious problem. >> what? >> and we want to talk about what's going on-- >> let me understand your position on this, sympathetic or not sympathetic. >> no, they live for the moment.

neil: have you ever been so hard up for money you would have done something desperate. >> not that. >> another point-- >> you should have seen me in the members only jacket. >> if they're willing to sell a body organ maybe they're willing to steal, who knows what-- >> we have no idea what it feels to have the amount of debt that these kids have. >> the dealt -- debt is gigantic. >> you shouldn't pay for that. >> should or should not? and agree where you don't get a job. >> it should be a useful, marketable skill. >> don't you like-- this is what i did when i went to journalism school, i went to a very good journalism school, but it was within the confines of what i could afford. and it's a good school and what i did, i looked at basically how much money i made and out

of this school, this crumby profession and, yes, i do get paid, by the word that comes out of my mouth and that's why i'm going to talk for a while. i look at how much i probably make and how much i owed and i said i've got to ma mizzou where-- >> i don't know how much college costs, decades ago-- >> would you entertain a body organ? >> no. >> the fear is such, we're not tapping into the rage. >> and this sort of-- >> or stupidity. >> this is conflating money with love. if you're going to give up a body organ, and-- >> what body part are they giving up? >> i don't know. >> ralph just replayed to me, relayed to me, here was our demo here and then charlie came in. >> you know, neil, tell the millennials out there if you give up your kidneys you won't be able to take as many drugs as burning man, remember this.

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>> all right, i'm connell mcshane it's time for the fox business brief. goldman sachs no doubt earlier today is cutting the price forecast today. as low as 20 bucks a barrel and that will bring the price down for today. the supply glut was a big part

of that and it's performing in the world market, so, that's what goldman m to say. let's take a look at oil stocks and how they are responding to this and they're all lower, whether it's conoco or bp, occidental petroleum down, and these price declines have a new effect on the businesses, oil drilling companies have been coming back on their rigs as the price of oil declines. and today as well. stocks are mixed and fairly flat. neil is back after this. more coast to coast.

>> i'd be lying if i said that i knew i was there. >> all right. vice-president biden, with steven colbert last night saying maybe he isn't ready to run for president. and saying that the vice-president is the democrats top choice to him, but it looks senator or sounds, no way of knowing unless you know what's in the vice-president's head for a lot of reasons he might not run and i'm thinking of money donors looking at hillary clinton floating and thinking he is is their day and the alternative candidate that might pull it off. what do you think?

>> i think he can pull it off and he's the vice-president of the united states not as if he has to introduce himself to american voters. no election is never anointed. if that was the case we'd have president hillary clinton today. so there's opportunity for other people and especially the vice-president. neil: what if he doesn't, i know a lot of the money donors are gamblers. they gamble and think who will go all the way and hit pay dirt. but if they're getting leery of hillary clinton and the vice-president decides for a variety of reasons no, i'm not going to go through with this. who are they going to hang their hat on? and bernie sanders worries them, to get the general election, who? >> i think they still go with hillary clinton and they're going to make that bet. bernie sanders is surging in the polls and we can't predict but who knows? i think that people who think it could be another howard dean which got exciting candidate

and then just can't pull it off in the end, but i think if joe biden doesn't get in, i think you'll see the donors support hillary clinton. neil: and if they don't have al gore or someone of that heft coming in? >> i think probably those, from what i understand, have been trying to turn to al gore, al gore doesn't have interest in running for president. neil: senator, thank you very, very much. the vice-president indicated he might notify folks within days or weeks, time is awasting in this very, very concentrated campaign schedule. all right, you all know what happened 14 years ago today. that's understood. what you probably did not know is that a lot of people were forecasting a deep depression and even worse for this country. not only did we come back from those events then, but believe it or not, so did all of that other stuff the experts said would not.

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for a free quote today at see car insurance in a whole new light. liberty mutual insurance. >> the scene of what used fob the world trade center in downtown manhattan and it will be a thoroughfare again and companies and commerce once again back to doing what it does best. but if you think about it, 14 years ago today besides the initial shock of what happened there was a growing concensus that the markets would tank. when they did reopen, they did and that we would enter maybe a

multi-year recession and i think businesses at the time said even depression. we were knocked for a loop, but didn't last too long. in a couple of months we were back where we were before the attacks and the economy moved on. there have been numerous bumps and hits since. the bottom line is that stocks are a lot higher today than they were back again. 70% higher and that's not a political statement, just a simple market fact. ben stein says that's why you do have a look at the long haul when you look at stocks. >> always. neil: good to have you. that's another story that people missed, huh? >> well, the traders can trade minute by minute, they're got the tools where they've got the deep pockets of capital. we ordinary citizens have to buy for the long run. mr. buffett, the smartest guy in the world, his period of holding is forever and that's a good lesson for all of us. neil: i remember at the time, ben, right after the attacks

and obviously the stock market that day didn't open and on the open until the following week. the people were saying and were running with this theme that we were looking at a long economic winter, i think, to quote the financial times. and it didn't happen. now, are there lessons to be learned, then, now, with all the concerns about the hiccups? what do you think. >> you stay home, eat a nice pastrami sandwiches, watch the tennis and just forget about it. you cannot outthink the market day by day. you can time it over very long periods of time, but you can't outthink is day by day. there's no reason to sell at this point and if i may say so the industrial capacity of the u.s., the petroleum capacity, the agricultural capacity, none of that was effective by 9/11. the national mood was effective for -- affected for a short time and this is a resilient

optimistic, brave company. neil: there's no accident that new york was a big target of the attacks, the epicenter of capitalism in the country. is it still? do you look at this as something the bad guys keep an eye on? >> well, the bad guys always hated business. starting from the keiser. i saw a document the kaiser prior to world war i wanted to shell new york city to show how much they hated capitalism. they hate capitalism because it's about freedom. dictators hate capitalism because it's about human ambition and the human soul being free. they hate that. neil: you know, i think that, that was well-put, ben, but in all the time that capitalism has gotten a bad wrap. we're disgusting of rich people now and we're disgusting of companies and there's a move

afoot to go after ceo's of companies. i'm not saying they're all saints, but they're hardly all sinners. what happened? >> there's always envy in the world. the main socialism, occupy, and main engine of these are envy, since the days of cane and abel, envy of rich people, the left leanling fields and it's a nasty and ugly thing and hope we will not see it in the white house again. neil: we've seen it in the country right now and it's a-- >> i know we see it. i know we see it and there's bernie sanders preaching it to billionaires, which is a very nasty thing, and he's getting huge throngs of applauding fans. people are in envious, neil.

if you see a rich person, you want what he's got. even if he had to work 50 hours night and day to get what he's got, you want what he's got. envy drove communism. envy is a huge, huge force in the world. envy drives occupy wall street and envy is a huge force. neil: well said. always, always can count on that with you ben stein. just like you said, we were saying all of these horrible things, that was then, i think we're doing okay, all of these other nasty things notwithstanding now. more after this. is it our insightful strategies that make edward jones one of the country's biggest financial services firms? or 13,000 financial advisors who say thank you? it's why edward jones is the big company

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neil: all right. you remember very well 14 years ago today s so who am i to add that we came back.

but we did come back, didn't we? our markets were closed, they reopened and came back as well. it took time just like building that freedom tower took time. slowly but surely, inevitably americans come back. you can put money on it. they did. here's trish regan. trish: we're optimists at the end of the day neil. law enforcement on high alert today as we remember those lives lost 14 years ago. breaking developments for you on that story we've been following out of d.c. where a large number of police officers and fire officials swarmed union station after that stabbing incident, reportedly a domestic dispute. blake burman is on the scene with new details, and it really shows you just how on alert law enforcement is right now. >> reporter: yeah, trish. our office is just a block from here and as this was happening i can tell you there was just siren after siren after siren coming to this area. this right here at union station, this is t