tv Cavuto Coast to Coast FOX Business September 16, 2015 12:00pm-2:01pm EDT
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back to the united states, to fix this, address this. there's talk that the president is going to meet with vladimir putin or phone into sort this out. somewhere blaming this on putin. you got to think, in the end, you and i might be old enough to remember the cuban boat crisis when they flooded in this country. bill clinton was the governor of arkansas, and a lot of the refugees relocated there, and it was out of control. castro emptied his prisons, mental hospitals. we don't know the breakdown who's who here. to your point, it is a mess, and something we've not seen since back then. stuart: neil, thank you very much indeed. it is yours. neil: thank you very much. we are going to be following up on this with the former governor of arizona how you deal with a border crisis especially when it affects so many borders. before we get into the details ahead of tonight's debate, news on apple to share with you right now. we are apparently hearing there would be a delay in the updated operating system for the apple watch.
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this will not affect, we're told, the regular apple software update of ios 9, i guess it's called. something attributed to the watch. that's been frozen in time here a little bit. apple stock off its highs earlier in the day. i don't know if it has anything to do with it. the regular software upgrade is in effect, a big deal when it happens. for the watch, this is problematic, apple has never broken out sales nar puppy. this is not the best of news. to another development and you heard my buddy charlie gasparino talking about it earlier with stuart. we have a debate from what i hear at the reagan presidential library, on the exact same day the federal reserve is opening up a two-day meeting to decide the course of interest rates. ironically, this could have the biggest effect on someone not on the debate stage tonight. hillary clinton will be making her first appearance on "the tonight show," but trust me, a quarter point uptick in rates
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if it comes to pass and steady uptick to rates if that comes to pass, and a slowing economy if that comes to pass, hillary clinton and her presidential prospects might have to take a pass. first to blake burman on tonight's debate. hey, blake. >> reporter: hi there, neil, as you mentioned, all the fed talk could potentially be a part of the backdrop at this debate tonight. not only that looming potential decision tomorrow, but also this as you know is a seven-year anniversary of the collapse of lehman brothers, the president is using that as a backdrop today for an event he's having. it will be interesting to see if this is kind of phrased tonight in the sense of laymen or the sense of the potential rate hike tomorrow. either way, for those of us who follow, this absolutely no surprise that one of the presidential candidates is already getting ahead of this. senator rand paul released an op-ed in the "wall street journal" late last night that appeared in the print edition this morning.
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as you know, neil, he's calling to audit the fed and he released a fairly blistering critique of the fed. if he gets asked about it, he would have a version of this tonight. here's what he wrote, and i'll quote the back end of this. he said -- that from rand paul. as the markets were going up and down, up and down, especially down a couple weeks ago week got a look into how some of the candidates might address all of this. governor mike huckabee said the stock market was artificially sugared up, the way he described it. and carly fiorina, the former ceo of hewlett-packard described it as a frothy stock market. here was her assessment to trish regan a few weeks ago. >> i've been expecting a correction for some time now, the underlying fundamentals of
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the u.s. economy are not that strong, 2% growth is pretty lack luster. >> reporter: she also mentioned china and, of course, we've heard throughout as a staple of donald trump. him talking about china and how he believes we're getting ripped off, and at that point he called for a decoupling in his terms from china. as far as the taxes go and tax plans, we're still awaiting the tax plan from donald trump, neil, which he told -- his campaign manager told fox news would be bold. a majority of the candidates we will hear from have released takes plan on their end. there's a lot on the economic front we could hear from tonight, potentially lehman, potentially the fed, potentially tax plans. >> i was thinking of you, 6:00 a.m. our time, 3:00 a.m. your time. you are there through the debate. you will be like jerry lewis at the end of the telethon.
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>> reporter: i am just happy to be here, thrilled to be here. look at this view. neil: by the way, do they have you poised on a cliff? what's the deal with that? i thought they put jeff flock in traffic. but god bless you. >> reporter: no, i wish i was on a cliff. i'm not 6'5", i am standing on a box here. neil: very good job, i look forward to your constant updates. blake burman in simi valley california at the reagan presidential library. it is a nice scene, but seems like we have blake on a cliff. interest rates going up has some thinking that this economy could go off a cliff. you wouldn't know it looking at the dow, a quick peek, up 91 points on top of yesterday's advances, growing sentiment here for clarity and charlie gasparino was the first to report this, this idea that the markets want clarity, they might get it tomorrow, but ahead of that, someone who's worried about this who is not going to be on the debate stage
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tonight because she's a democrat, and for now she's the leading democrat on paper, hillary clinton, and she's going to be on "the tonight show," this could be a horror show if this unravels, right, charlie? >> yeah, let's separate the two things here. what is the long-term prospefkts the economy, particularly in 2016? and what is the fed going to do? start with what the fed is going to do, this is how people make money tomorrow or not make money. a growing consensus among economists and ceo types they're not going to raise rates. that's the consensus. there is a number of savvy traders that i talk to, and if you talk to them, they think the rate hike is going to happen and think it's going to happen because they have to -- they need clarity in the markets, they may have to cut rates next year because the economy -- neil: seven countries that tried, this that's exactly what they did. real quickly on hillary on the republican debate, she is the most on the line.
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>> yeah, here's the thing, and i've gotten this early on from a lot of her supporters, some of this was pre-e-mail server scandal or e-mail server gate, some think it's dated but i don't think so. these are wall street guys who deal with her directly, that her biggest fear was an economic slowdown in 2016. that you have a tepid growth economy, in an actual cycle of seven years, have you china slowing down, china represents -- trade with china represents 10% of our economy. trade with china affects every other economy that will affect our economy. neil: blooming at the wrong time. >> it could. that's one thing she's worried about. then she has to sit there and defend obamanomics. neil: i don't want to you leave here, but that rate upticks do by nature slow the economy, and then there are all sorts of estimates on this. if this is a tepid recovery to
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begin with, nominal rate hikes could zoom. >> the question is this, there's a lot of -- when the fed got into the game of printing money and rates at zero it plays more than just, they were into just for more than inflation and the economy. they create bubbles. fed sees a stock market bubble and junk bonds and may need to pop the bubble. neil: that's the fear, the ensuing burst. >> which is separate from original mandate which is to keep employment as low as possible -- as high as possible and inflation as low as possible. neil: hang in there, your buddy stephen leeb is going to be here soon. that's what we call a tease in this segment. to charlie's point, a fella says now is the time to burst the bubble because the rates are unrealistically low and
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have been for the better part of eight plus years now. and tim kaine says unless the fed gets on top of it, things get worse. your argument is start hiking, start moving, fast, right? >> i do. and the interesting part of this debate to me is that even if the fed does raise rates by a quarter point, it's stimulating. these are really low basic short-term interest rates. so i think we need to return to normalcy. neil: what would be normalcy? the last hike we had that was back on june 29, 2006 brought us up to 5%, we're essentially at 5% now. they say normalcy is at or around plus the inflation rate, so maybe 3%, but that's 300 basis points from where we are now. what's normalcy to you? >> well, we know it's somewhere between 0 and 5, and 0 is not normal. 0 is extremely abnormal. neil: wait, i could do that.
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i would guess you have to deliver the goods. what is it? >> i'm not able to hear you, but i'll just say this. getting to about 2% is normal, and we should start and we should have started a long time trying to do that. neil: we conveniently lost his audio just at the right time. touche for moi. seriously, thank you very much, you heard that talk about getting back to normalcy would get us into the 2, 3, but if you're going back to what the average was for much of the 90s and early 2000's, 5%+. we're at 0 now. back to charlie, steve leeb and connell mcshane. not exactly bitter, we were looking for a third person just to fill a slot. and we said hey, we gotta get a young guy. connell, you were just getting your first communion the last time we had a rate hike.
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here's my theory on your generation, they don't remember rates really, really high. >> right. neil: so they think this is a big adjustment to go from 0 to a quarter, do you? >> my earpiece isn't working. wearing the same suit. this is the thing. there will be certainly an adjustment period. i thought it was interesting what you talked about a moment ago, it does bring up the larger point, once they raise rates and they will whether it's tomorrow or another, when will they move again? the whole idea whether it's now or december, it doesn't necessarily remove the uncertainty, the next debate as soon as they go up, the show it happens on, there's a guest who has questions, hey, at which pace will rates go up at a fast rate? neil: any time the fed has hiked it's done so in rapid fire fashion. and when they've cut, they've done it in sequence. >> you'll get guidance. i think what the market -- neil: what kind of guidance? >> it will be very gradual,
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which means they won't raise rates again. neil: you think they'll be that blatant? >> they'll try. the point is you have a guest saying rates should be at least 2% or 2%, have you other people. neil: that was connell. >> let's say this is what it's like for the typical investor, the typical businessman. if you go to a doctor and the doctor says you have a heart condition, i think you may need to be operated on but i'm not sure and takes out a coin and flips it and it comes out heads and he said operation, that's what we're faced with in this economy today. neil: you totally lost me. >> tails never fails. neil: are you saying the economy is in cardiac arrest? >> no, people need certainty or assurance that the doctor they're visiting knows what he or she is talking about, and we don't -- neil: you think janet yellen does? >> no. obviously not. she's not looking forward.
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neil: all right, all right, all right. >> and here's the real thing. 25% -- >> all right. >> that's all right. steve, we love it when you lose it. think about it. will the 25-basis-point increase in the fed funds rate affect lending? no. what would affect lending? a roll back of dodd-frank. the fed is inconsequential. neil: are you kidding me? without the fed we wouldn't have the markets at these levels, without the fed we wouldn't have commerce re-elected. >> the economy from the market. neil: the fed has been the juice for this. >> the fed is largely inconsequential for the economy for the last few years. >> are you kidding! >> the economy, for the economy. neil: we would have no growth. >> we have no growth. neil: i'm saying -- >> 25 basis points means nothing.
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neil: i don't want to get lost in the cards. >> get rid of dodd-frank. >> no why 25 basis points counts? because it suggests if they can't make up their mind about 25 basis points, they know nothing. they know nothing! >> what i think they're doing, and connell, they're taking the nicotine away. they're taking the caffeine away, they're taking the drug away, whatever has propelled the market over the better part of nine years. and they have propped up the markets and created a bubble. >> we're in a bubble right now. >> they know all, that they're having a legitimate, i think at least, a legitimate debate inside a body what to do with data that is somewhat uncertain. neil: connell, if we didn't have the fed intervening the way they have, would the recovery, meek and mild as it is, be what it is? if what -- would we have the economy, meager as it can
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without the fed. >> we needed the fed at first. we needed monetary stimulus. neil: you didn't answer the question. without the fed, would we have had it? >> when. neil: throughout the cycle. >> without the fed in 2009. neil: you're worse than trump. you don't answer the question. >> should have raised rates in 2013. >> charlie is right, you created so many bubbles, not only in the stock market, but if you look at fracking, for every dollar of revenues, some companies are losing $1.70. neil: you followed up with fracking? bottom line -- >> created bubbles post-2012, 2013. neil: bottom line, if you like this frosty and feisty debate, you're going to get more of it tomorrow at this time, as we monitor very closely what the fed is apt to do. all our stars, everybody here, all at the same time, and whether janet yellen does
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something we have not seen the federal reserve do for upwards of a decade. start raising rates. to charlie's point, the only sound and valid one he make whether there will be additional hikes to. if that's the only thing i took away from what charlie said. we're down 10 points since both guests started talking. [ laughter ] we live in a world of mobile technology,
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we are challenging ourselves to improve every aspect of your experience. and this includes our commitment to being on time. every time. that's why if we're ever late for an appointment, we'll credit your account $20. it's our promise to you. we're doing everything we can to give you the best experience possible. because we should fit into your life. not the other way around. . neil: all right, things are getting nastier, video coming into us moments ago along the hungary-serbia border. these are syrian refugees who are flooding by the thousands there, by the millions across europe, trying get in. trying to get out of syria. but right now, it is out of control. europe has had essentially open borders since the dawn of the eu, the european union, cannot
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handle this influx of what could be potentially millions of syrian refugees. and it's a situation that has been playing out in country after country. the week started with germany saying we'll take upwards of 800,000. then all of a sudden they had many, many more. they all but shut down the austrian border, and you are seeing country after country in europe saying we can't handle this, we're not going to deal with this. some of these, the same countries that criticize our hostile treatment of illegals coming from latin america, mexico, who knows that better than the former governor of arizona, jan brewer. governor, so good to have you. and i was thinking of you on the border mess that includes every major western border in the world now. what do they do? because they're not on the same page. >> well, it's an extremely difficult situation. you know, you feel so compelled to support the people that are
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trying to get out of a serious situation, but the countries that are the receiver of the migrants, you know, it's almost impossible to absorb that many people at one time. you know, i'm glad i don't have to make those decisions over there, but certainly help needs to rendered to these people that are trying to protect their lives and their children. terrible situation. neil: you know what happens when you have a flood of those who want into a country because they don't like where they're coming from, it isn't all that different what you dealt with along the border and what the europeans are coming to discover upclose and personal. >> right. neil: the difference here is this is getting very violent. what do you see happening? >> it's getting very violent and very serious and more and more it's growing and growing and growing. they need to come together and some way figure out a plan all over that area. that has to be addressed.
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everybody should be working together collective to see how we're going to decide. be a good question for tonight's debate. neil: you can bet it's going to come up to that point. you addressed this as governor, that there's one thing being in an asylum and a country as we are a nation of immigrants. it gets too extreme when we know that isis is bragging about implanting its bad guys. might be a small percentage, we don't doubt it is. how do we check that? no paperwork to go back to the guys slipping through and feeds the fears by the republican presidential candidates, governor, that in the meantime we shouldn't be taking anybody until we assess this risk. do you share that? >> well, i believe that we do not know who's coming across the borders illegally, but we do know that a lot of bad people are coming across the border. we know we have to deal with the drug cartels. people coming across the border
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and bringing families to work. it's a terrible, terrible situation. this problem should have been resolved a long time ago because we cannot just absorb everyone. and we have to think about our security too. and they need a plan. my plan was secure our border, mr. president. if that would have been done, i think we would have met with much more success of trying to deal with all the other issues. neil: all right, governor, thank you very much. and just to put this in perspective what's going on in europe is sort of like an influx invasion on steroids here, whatever the humanitarian issues. talking four million syrians now upwards of 7 million, and the entire middle east goes to pot as some feared it could with the growing fears about iran's escalation and the moneys it will have to do just that. millions more will come. and europe bragging about open borders with the single currency, you have the ability to go between and through countries like never before,
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certainly not like before the euro. they're building walls all over again. i'm telling you, this is not a humanitarian crisis, not just that. for the european union, if they don't get their act together. this is what ends it. this, what you're looking at. we'll have more after this. at ally bank no branches equals great rates. it's a fact. kind of like mute buttons equal danger. ...that sound good? not being on this phone call sounds good. it's not muted. was that you jason? it was geoffrey! it was jason. it could've been brenda.
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. neil: all right, looking at the white house, the president meeting with the business roundtable. he has the semi regular powwows with corporate chiefs and the like. chamber of commerce, business honchos, do you know hedge fund managers have their own association called obscenely rich guys association. that's a joke. a lot of these guys think this meeting and the powwow is a joke because they don't think the president is serious about the interest or hearing them out, they don't like being vilified. on this particular issue, they
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might have a point. you know, it's always good to meet with the corporate community, i guess, but a lot of the guys, especially those who pass the invitation to go, feel like they're spinning their wheels and that this is not a president receptive especially now in his last 16 or so months. what do you think? . >> the unfortunate situation is with a lot of business leaders to generalize and the white house, seems like the agendas aren't aligned with each other anymore. and from my sense business leaders care about the most right now is how do we grow our economy? how do we secure the recovery? how do we enhance our competitiveness? deal with the fiscal challenges chasing the country? and how do we get the government working. neil: what impact is the president going to make to change the playing field or the dynamic? he's not going to cut taxes, he's not going to address capital gains. whether you are for or against,
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it i'm not making a political point. this is what they've been complaining about that the president's piled all this on them, that's beside the rhetoric that paints some, not all, as being greedy fat cats how. does that change the tone? >> i think what's going to happen is you're not going to see the white house making many concession. i think the white house is on track working on agenda and basically not going to be particularly relevant to business leaders or to the country in that not much is going to get done, and focus is shifting rightly to the presidential campaign. what are the candidates talking about and who is going to be talking about messages that are good for businesses that are good for american families, that are good for the family, that have a chance of moving forward, because the white house is in its last years and let's face it not much is going to happen in washington in the coming months. neil: how do these guys feel about donald trump, the front-runner who doesn't necessarily drink from the same well as the business titans, wants to raise taxes on those
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who ship jobs overseas and very, very critical about hedge fund managers, many ceos have, by the way. and be open to a tax on the very rich. how do they feel about him? he's not your typical republican standard bearer. >> no he's not. and business leaders are not a monolithic group, they have different points of view but have a good understanding of policy, and one thing we haven't heard yet much coming out of the campaign from donald trump is the details of policies. we heard detailed tax plan from governor bush last week. we haven't heard that level of specificity from donald trump or the other front-runners and i think people are withholding judgment until they get a sense what would you do on the economy? what would you do on the budget? what would you do on national security? i doubt we're going to see that in the debate tonight but we're going to for voters to have a sense what they're signing up for with different candidates. neil: maya, thank you very much. to maya's point, if you are
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waiting for, that there's a danger in being specific and having a plan. i want you to think of jeb bush. he has a specific tax plan, think of chris christie. a very specific plan to deal with one entitlement, social security. both going nowhere in the polls, christie maybe worse. maybe that's what trump is studying and maybe trump is studying something else. history. those who get to the white house, oftentimes don't get there with very detailed plans. we'll explain after this. term. active management can tap global insights. active management can take calculated risks. active management can seek to outperform. because active investment management isn't reactive. it's active. that's the power of active management.
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. neil: all right, i told you a little while ago, apple is delaying this apple watch software upgrade. i don't believe it affects the entire software upgrade, the ios 9 or whatever the heck they call it. jo ling kent is all over it. >> reporter: apple says there is a bug. here's the statement. it's going to delay the apple watch, we have discovered a bug in the development of watch ios 2. we will not release watch os 2 today but will shortly. they declined to clarify what they meant by shortly, but obviously won't be today. it will not affect ios 9, the software update for the phone and for the ipad, but looking more broadly at apple watch. this is yet another problem, there have been lack luster sales, apple says it's meeting expectations.
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ibc says only 3.6 million units were sold in the second quarter. worries about demand, and i was in san francisco last week, we expected to hear a little bit more about the sales numbers but they didn't provide that, they said 10,000 apps now on the watch. 97% satisfaction rate, whatever that means, from tim cook, the ceo. so looking at this, certainly not good news for the apple watch, but we will be monitoring this because the iphone success doing very well. selling like gangbusters according to the company. neil: the 97%, like you and i said, yeah, almost everybody loves it. yeah, that's the ticket. thank you very much, jo ling kent. you are great as always on this. all focus is on donald trump tonight in the big debate. you might have heard the one coming up at reagan presidential library in california. but a lot of people criticizing him because he doesn't have a detailed plan, with the exception of jeb bush on a tax
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plan, maybe a governor christie on a social security plan to address it's growing and out of control costs. are you richly rewarded if you do this? some in the polls say no, lizzie mcdonald and charles payne. eventually he has to offer plans, he didn't offer military ones last night on the deck of the u.s.s. iowa. will that cost him? >> eventually to borrow your word, it would cost any candidate that wants to be president of the united states. we elected a president on a slogans, hope and change, and didn't work out that well. the american people might want a little more. essentially most of donald trump's speeches are about the same. you insert a word, it's magnificent, the economy will be the best under me. border control will be the best under me. fantastic, people are riled up. i think people want specifics. i would like to see some tonight.
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not from all of them, though. neil: you agree some are slightly left leaning, people have gotten elected talking in broad generalities. president outlined he wanted health care, he also wanted a kinder, gentler way to work both sides of the aisle. we know how that worked out. do you need to be all that specific? >> i don't think so, i think so much of the republican base hates government that the more you say about your relationship to government and what you would do with government goes against you. neil: it goes against you, you're going to have a government plan even though you are running the government. >> george bush was very vague when he ran for president in 2000 and worked well for him for trump to not get into the politician mode, i think it will help. neil: that's a big deal, and it's a fox alert for you and i to say that. he survived sdmshgs many of president have gotten to the white house doing pretty much the same, not maybe to the degree donald trump has, but
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what do you think? >> you know, i agree with charles. i think people want details. neil: why don't you agree with me? >> i always do. neil: why do you agree with charles? >> i think charles is right. neil: no, you didn't! >> yes, i did. chris christie bringing up social security reform, that is cyanide. blasts it out of the water. neil: my friend and i are saying, he will pay for this. >> this is about leadership, if you stick to your guns and say yes, we have the plan, we want it, it didn't work for george mcgovern, i'm talking about the context of the time. he said nearly a 40% cut in defense spending budget during the vietnam war when everybody was in vietnam. it didn't work for him. neil: george bush senior said read my lips, no new taxes. george bush, his son was going to be a compassion at conservative. and all of a sudden we had problems with congress and everything but, and bill clinton said middle-class tax
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cut for all and never materialized. plans and promises are worth the paper they are put on. >> listen, donald trump is winning significantly. ben carson is the only real threat. polling at 30%. that's not 50% or 100%. neil: both are to your point outside the box candidates. >> they're outside the box guys, that's what one of the attractions happens to be. what we want, we don't need any of the political stuff. that's what politicians have done, to your point. they have made us promises. i think the outsiders say we'll do this thing a little different and this is how. it's not going -- >> rich, if you were there in the audience and you had a chance to ask a question or tweet a question, can you do that? what would you ask donald trump? >> i would say how does donald trump square his social conservatism and all the immigrant bashing with some of his more liberal policies? and i don't say he's a liberal
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but policies on taxing hedge fund managers and private equity and all that, and by the way -- >> if joe biden ran, i would say you voted for a border fence and wanted a border fence to keep out drug traffickers and illegal aliens, is he going to be called xenophobic because of that. neil: good point. >> are their plans to pipe dreams, moon shots or realistic? if they're realistic, will they work. neil: mark cuban is in the news, he's been blasting the sec all over again, mark cuban said if not for a federal judge, the sec would have come down on him like a ton of bricks. why is mark cuban so upset with the sec and harvey pitt, the guy who headed it in agreement with him? after this.
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of nine years or so. the dow up 110 points. they hope to get something by tomorrow, at the end we'll be providing top coverage with our top guests, our top experts. lou dobbs, maria bartiromo, charlie gasparino. we told charlie to go to another studio. he has no idea. it's going to be big stuff. we'll do it in english and spell it all out. another guy that speaks english and knows a lot of big words, one of the best sec chairman this countries has ever had. harvey pitt joining us now. i see the president meeting with the business roundtable, and the common lament you hear from the business guys many going back and forth with the president not so much on taxes but rules and regulations on the sec and others watching everything they do, assuming guilt before innocence, then i was thinking of mark cuban, and
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his battles with the sec, and he was saying that left of the sec, he would all but be in jail, i'm paraphrasing here. he doesn't think the various agencies, specifically the sec have done business men and women very good. what do you think? >> i think there are some legitimate concerns about the unduly, heavy reliance on regulation. every time there's a problem, the first instinct in government seems to be let's throw another rule or regulation at it. in the sec's case, they have been compelled to adopt over 100 rules by dodd-frank, which may go down in history as one of the worst pieces of legislation ever conceived by the congress. so there are difficulties, but a lot of them have been imposed by congress on the regulatory agencies. neil: that's a very good point, i didn't want to bash your old haunt. you revolutionized it, i didn't
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want to you think you wasted your time. i apologize if i gave that appearance. one thing that comes up, congress proposes and it's up to the sec to follow up, and do things that it's been asked to do. that, i understand. but do you think over the last years it's gotten a little too zealous. you mentioned dodd-frank, you mentioned financial law and ignorance is not a defense from ceo's from the very high up to the very low, the big companies to small companies, ignorance to the facets of this law, which is very compliced is no defense when you're dragged before the sec. >> well, i think you're absolutely right, neil, but by concern here that it doesn't really matter what the sec does or doesn't do because they'll be criticized. neil: yes. >> and in the sense that buttresses your point. if you know you're criticized no matter what you do or don't do, do what you think is the right thing.
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neil: we had the tier where a lot of them were caught watching porn, that was a select few, not everybody. took a while to fire them, somewhere still on the job. i'm asking whether that hinders things, these are the type of issues that come up at a business roundtable meeting sometimes more than the tax rate or whether it's raised more, whether deductions are limited effectively raising taxes more. it's that kind of stuff. does that surprise you? >> no, it's not surprising, and i tell you when i came in, my thought was government is a service industry. you're supposed to be serving the people, you're not supposed to be basically dictating to them unless there are a valid reason for doing so, and so one of the concerns is there has to be an opportunity for businesses and others who are affected by these regulations to have the kind of meaningful input before these rules get adopted. that's something that's
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absolutely crucial, and it is required by law, but it is often adhered to only in the technical sense. neil: that is very well put. the idea of serving, that is all of them. i feel that all around these days. harvey, thank you very much. >> good being with you. neil: the president is talking about the economy right now with the business leaders, but more to the point, he's been tweeting about it and really had his nose out of joint when he heard the candidates besmirch the recovery and went into very lengthy tweets which surprised me because i thought there was a character limit. i guess if you reach that limit, you keep tweeting and exhaust the next limit. bottom line, he has been tweeting to say this recovery is pretty good, thank you. it was a lot worse when i assumed office. statistics do bear him out, or do they? after this.
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. neil: welcome back, everybody. i'm neil cavuto, you're watching "coast-to-coast" on fbn. my buddy and colleague liz claman is reporting, one of the reasons the dow might be up to the degree it is, the federal reserve meeting is take place, a two-day powwow to decide the course of interest rates. there is a distinct possibility of a rate hike that is looking more and more likely, it might not be a quarter point, it might be less. that would not be unprecedented. it's happened very, very rarely but to set the tone and the ease it is breaking in, period. obviously liz will have a lot more from the floor of the new york stock exchange, but the growing expectation was for a rate hike. this go around. and many thought it would wait until december. tomorrow officially we will know when we officially cover it on the show. getting the best and brightest to weigh in, including liz.
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for the president, this market run-up has nothing to do with the fed and everything to do with him, he has taken objections to people questioning the recovery and strength by tweeting out all sorts of stuff and charts and everything else saying look at the difference now from when i came into office. businesses are saying something a little different. susan, you get the read from the small business guys and gals, and they don't quite share that? >> no, they certainly don't. and actually it's very alarming. the number of business closures now is greater than the number of business start-ups. that's the first time it's been that way in over 30 years, and been on the decline for the last seven years. so what that says is the united states is falling behind in entrepreneurial active. less job creation, that means less innovation, the majority of patents and trademarks come out of small businesses. it is a crisis in our economy. it's a measurement the fed
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doesn't look at but somebody should look at that, historically, it's been small businesses that have driven recoveries. neil: now, she pointed out the job creation and the president pointed out in many tweets, we'll run through some of them. i've generated a lot of jobs, millions of them, and we're not off on the races but off to bat, sort of paraphrase here, what do you think? >> jobs? i don't believe them. everything is skewed. neil: he says the numbers are what the numbers are. >> they don't talk about underemployed people, people that were engineers and work at mcdonald's. people that came off the rolls and said i'm not going to look for a job anymore. he's showing you the best of the best. >> the labor participation rate is very, very low. the lowest it's been. >> you're right, absolutely. neil: but i think he took umbrage to the fact to hear republicans tell it we're in a deep recession, when i came into office, we were in a borderline depression, what do you think? >> he's out of touch with
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reality. neil: it's better than it was? >> getting better. it's a tepid recovery at best and i think it's a bifurcated recovery. neil: big words here. >> you want me to explain that to you, neil? neil: yes. >> big businesses are up, it's good, the stock market is up, small businesses, it's just not happening for us. we still don't have access to credit. the regulatory environment, it's too harsh. people are saying i'm giving up. neil: it's a little better, your business picked up, right? >> at a point, people are going out of business, and people have less disposable notice. with the new obamacare and the regulations they put on us with affordable care act has been killing us, and people now are cutting back. neil: it's not so much about taxes, it's the government get off your back. >> let us work. >> absolutely. >> neil, one thing is the average nonemployer firm, small business, gross $44,000 a year,
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neil: are right. we're been keeping you updated on the hungarian border crisis. connell mcshane looking into it as well. this is a mess. all of a sudden too many stars to remain through. connell: we been able to watch on live television the police and hungry as tear gas, water cannons earlier today on these migrants trying to make their way across the border from serbia into hungry. the hungry and have been growing for some time because people
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coming through serbia using it as a pathway to get into european countries like germany and other places. neil: south america through mexico to the united states. this is out of control because it started with everyone germany wanted to take them in to take the men and we divide them. then they didn't have a lot of takers. connell: germany went ahead of others. wait a minute, what will we do about this? let's get coordinated. and then they meet come up with not being, no solution to this. the obvious economic story of political candidates in the u.s. will be asked about that. then the humanitarian story which makes this even more of a political problem for the people asked about it because you can look on television and you have feelings for these people are saying this is horrible. what are these people going to do? neil: verney mentioned earlier
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in other cases that will change international policy, but we don't know how because the fears are with those kids there's also some dangers and there's no way to check. connell: i was in a comments the u.s. presidential hopefuls have made. you can see in the language almost every single one of them have been very careful in what they said in that we have a tradition of taking an people in situations like this. i'm sure we will continue to do that to some extent. they want to be careful because of the numbers. neil: the numbers say 10,000. i don't think we'll see that. connell: but to watch it. the latest we heard from serbia and hungry, the government ministers and intensive communications to resolve the border situation. neil: thank you very much, connell mcshane. this will, but the big debate tonight. i have john legg go with us.
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actually book today because he of course is a professional wrestler. he's very good about it is the marquee symbol. i wonder that they need guys like you at the debate tonight because it is going to get nasty. apparently a lot of that is aimed at donald trump. >> yeah, it is. andre the giant rarely ever won a battle royal because he was the biggest threat. airborne gained up on andrea and everybody else spotted out. i think it is morphing to but the strategy is among other gop contenders. ms. clinton sabotaging herself. go after the guy you can make a name off of an artist donald trump. stream to donald trump gives you trouble does he come back and say bring it on, brother. >> no. you are messing with the top dog
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right now and he is very good at debating. jeb bush is extremely qualified. the problem is jeb but is very boring and not very good at being sure, specially banter off the coast. if he goes after trump, he better be prepared. the problem is when you prepare a canned response that looks like a prepared response. neil: and possible when candidates had to be shaped in a period that is distinctly possible. >> it is possible. chris christie does remind me of george the animal steel. he loves to eat turnbuckles and is very entertaining. somebody said could be shaped. neil: thank you. thank you very much. john legg field. now with the donors, what they are doing. you are lucky not to and you aren't a huckabee fundraiser
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now. >> correct. >> in and help another candidate. neil: you were with y. >> yes, sir. he's out of the race. a lot of them say huckabee could be next. how does he avoid the same thing? >> governor huckabee is the only person on stage tonight that's run for president before. as we discussed earlier. neil: rick santorum has. >> is not on the grownup table tonight. he's the only one that's run for president before acidic condition his campaign accordingly. he even has a fundraiser next week with chuck morris in texas. there was a frenzy amongst the other campaigns to try to pick up the perry donors want to perry got out of the race.
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it's interesting none of them have broken one candidate or the other. they are all waiting to see who perform tonight. neil: do you think they are nervous then wait a minute with a starbucks, but this trump guy isn't going away a little harder potter cake drive. >> one thing i always tell people you can always give later. neil: what about you? are you giving more money or winning the starting pc implodes? >> i am helping a lot of really good candidate including governor huckabee. neil: only one presidential candidate? >> yes, correct. absolutely. neil: if he fades, who is your next choice? >> i have to keep my powder dry and not like everyone else. neil: that's brilliant the way you didn't answer that question.
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it's the dating season. don't forget. neil: who are we -- who are you to commit question dark -- one of the things here tonight is to focus much more than the last debate on fox last month on donald trump and getting nasty with donald trump. already some groups like the club for growth in this ad. >> which presidential candidate supports higher taxes, national health care in the wall street bailout? it's donald trump. >> in many cases they identify more as a democrat. neil: how do you think he will respond to that? i'm whether this strategy works. they pull that off, that is obviously a game changer because right now trump has been bulletproof.
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>> i think that the big money come the big powder is used that has been dry. they thought he was going to be a flame and flameout at the end of the summer. they see is getting momentum. the fact they are doing this is huge. neil: you might take it as a badge of honor at the club for growth is unlike him. >> they were attacking him on policy which is very specific. i played drinking games how many times people mention reagan. reagan signed that his father was alive today he would be appalled at donald trump. donald trump says things about immigrants but ronald reagan supported amnesty. donald trump has said terrible things about women. the tone is different in terms of reagan versus trump. neil: lake, and other strategies among other attack lines. if any of this thinking then? a sense that this is to make donald trump battle teens but it registers in the polls.
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>> fox news debate from five, six weeks ago, august 6. the question is how hard is donald trump going to be hit? he got into a one-on-one major task with senator ran all in here we are five and six weeks later told the top. he is extended asleep and now the question becomes how much harder do they have to have donald trump. randrand paul has earned a comen thinks he went a little too late last time so you know to naipaul will mix it up. neil: finish that thought. i am sorry. reporter: is just going to add the only other thing we know is the one difference going in is carly fiorina will be there. you can probably expect her to get into the phrase way as well, especially with the face comment now going back and forth between
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trump and carly fiorina. >> if you look at the number of words in the fox debate, he was almost twice the next candidate. you have to wonder if that's fair. i actually think the candidates would be better served to be in their own land that they would we stand for is stand for instead of shifting attention to the other guy. the more they pile on him, the higher he raises. if i was given advice, stick in her own lane, say what you stand for. neil: use say -- you would say you're a fraud you are not a conservative. his response has been, look, neither was ronald reagan. started as a democrat, changed. i change. >> he donated to jimmy carter was ronald reagan's opponent. there is no way they could say he was simpatico with ronald reagan who was alive at the same
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time. neil: traub said i don't remember exactly. i had to look over the paperwork. that could come up tonight. reporter: we are here at the reagan library. there was a rather harsh to be the way to describe it article in the wall street journal saying as much as trump has invoked reagan, his team that was around talks about the massive ego he had and by the way, he's just so happen to not have donated bread off the bat to break in. getting back to the other point, one thing real quick. the club for growth act was interesting how they went after donald trump because they went after him as a politician. we heard time and time again today is the candidates going after him as a celebrity or entertainer. poll after poll after poll shows one thing very clear that republicans across the country do not think a politician is the
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best way to go. have been in business all a trump would be the way to go. in 2008, went after barack obama. senator john mccain went after then senator obama is a celebrity. now is the club for growth after donald trump is a politician. >> he supported the kalo supreme court decision of 2005 which is a huge thorn in the side of conservatives. as opposed to what he's doing same donald trump is a madman it be an ad hominem. neil: i don't think it will register one iota. if i'm wrong you won't be back on the show. guys, thank you both very, very much. the federal reserve meeting is on. we will keep you posted. they are not going to make a formal decision until tomorrow. the two-day meaning, the first
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neil: we are getting word right now from a hungarian border crisis with all these refugees from area trying to flood their way again. they've obviously put a plan in. it is out of control. now we get word that russia has proposed military talks with the united states on the serious situation and according to secretary of state kerry, the u.s. is considering its next steps and open to this. russia provoked the situation and effectively had president
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assad in theory allowing this to happen through the mediterranean which is a huge refugee crisis. what we do en masse. thinking pruden is loving this, must be loving this. what do we do? >> he lasted every time we declare red line whether it's on ukraine or syrian chemical weapons or five or six different editions with iran. he senses weakness and this is a man who just in his photographs of him bare chested, you understand he is a bully and what he thinks in terms of who is stronger and weaker. train to you mention the mind in the sand thing. that empty threat is what has brought us to where we are right now. >> i think it has contributed enormously. the one before that assad must go.
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you may not remember, but when obama committed with obama committed within president medvedev that we were committed to the territorial integrity and independence of ukraine gone by the boards. >> what happens now? if we talk to the russians and the russians talk to us, what can be done? i don't know. is it about providing money, assurances. i can imagine these guys going to russia. all of them to the united states. a lot of european countries did not us, we can handle it. >> one of the tragedies is the more people you take, the more calm. a powerful magnet effect notches from syria but all of the world as people send this may be an opportunity and the vanishing opportunity to get into europe and eventually into the united states.
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it is a tragic problem and i don't claim to know and a great solutions. we have to remember the problem began with the butcher is assad conduct than it's hard to imagine no good a solution with russia and assad double action and make a serious dent in the problem. neil: ambassador, i'm old enough to remember the cuban people and castro emptied out his prisons, mental hospitals and nefarious types on us. that does not say back then there was some genuine asylum seekers coming to nefarious or scott through. aces is already bragging about planting some of its own top soldiers among these refugees. how do we check that out? how do we check who is coming in? >> not very well is unfortunately a fact of life.
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definitely we have to balance our humanitarian impulses of the need for security and we have to do as good a job as possible. neil: one move of god the serbian border, what all of these refugees said they are looking for a way to joint and reminded me what they have at the mexican border when everybody assumes its mexican strand across the border in the united states when the vast majority is marco rubio pointed out are from ecuador, honduras, el salvador, and better. it is almost identical. how one or do we get a collective handle on this? this is now the global rate. >> and it is. if we go back 30 years -- 35 years to the tragedy of vietnam and both people streaming out of the country, the world responded
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in a fantastic in rare humanitarian action with 7 million vietnamese refugees in the u.s. and australia and france and other countries. but that was a finite problem. there were not an infinite number seeking to leave the country and get into the u.s. we did manage to make it distinguish distinction between refugees and economic migrants are never told you have to wait in line for valid immigration. now the scale of the problem is on the order of 40 or 60 million people and newsom is really desperate countries who are seeking a place. not unreasonably, any american with their family in the same situation would do the same thing. >> absolutely. globally those of a different franchise located seen their opportunity to shrivel away.
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we will go where they find a better prospect. >> it is not just syria. libya is now teeming with other people to escape the violence and people escaping from africa. more people fleeing afghanistan now. i think it is an illustration of the fact understandably we want as little as possible to do with the middle east but as trotsky said tom you may not be interested in war, but war is interested in you. one more illustration of the fact we may not be interested in the middle east, but the middle east is interested in a way of a huge stake which we have not done a good job on, particularly not this administration in achieving stability in the turbulent part of the world. neil: ambassador thank you very, very much. paul wolfowitz. i like him because the quoted trotsky. you don't see that very much.
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i don't know what trotsky was say about these markets. he might be confused. the prospect of rates going up or the prospect of rates going up and down for a while. who knows. we are about 20 some odd minutes into the federal reserve meeting double wrap up about 24 hours from now. the great beauty of owning a property
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the president post a remark and she doesn't want any doubt about this. scott martin thinks things have changed. a line in the sand that they will raise rates. this is not the time to do it. why not, scott? >> meal, i don't think the market is prepared for it. we have a global slowdown upon us. a dollar has gone up a 20% the last year and company earnings downgraded. he has to stop market love stimulus. guess the stock market bust low interest rate but the economy does not determine what should have rates higher here and i think the fed take a big stake if they hiked. neil: history says you are right. those that have attempted rate hikes with the seven countries over the last 89 years. -- eight or nine years. the differences we are in far better shape than able to absorb them if they hiked ever come to
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pass. would you say? >> it would be measly, but it would be one that would start the hiking process. that is the conjecture out there. market expert say the fed should just get out of the way sonata market can do what it will. the reality is that the fed starts i'm not so sure they will not. yes rates will go to the sky tomorrow, but to me the fed has turned to let the economy reads a little bit. let some of the stimulus of low interest rates work there back magic. certainly in the united states they are low, wage growth is low, demand is low. you don't raise rates in that environment. neil: if they have put themselves in this position and they don't, isn't the loss of their credibility of bigger ratio and don't they telegraph to the market to be afraid. >> dave already lost a lot of credibility.
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however you slice it, one of the most watched rate hikes in history. i tossed the credibility out the window, but they gained credibility by coming out tomorrow. janet yellen the chair. but the economy show us more cards before we go one a tightening cycle process. that will get back at least some confidence with regard to the market today the fed is back in touch year. neil: we watch closely. scott martin. you might've heard a thing or two about the debate, the presidential debate happening in california at the reagan presidential library. expect to hear all the candidates quoting very liberally ronald reagan. but when donald trump tries, isl he about to get ambushed? we will tell you. und good? und good? not being on this phone call sounds good. it's not muted. was that you jason?
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neil: we are just getting word from the white house that the president is going to be hosted israeli prime minister benjamin yahoo! come a very big critic of the air ranting on november 9th. they will bump into each other next week at the annual u.n. can't set, but this would be a visit on the part of his leader to the white house. first it is getting real black dead in israel. he has been rallying against the
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iranian agreement in that it endangers israel, but the white house is trying to detoxify things that there is such a word. there is sent by the way. november 9th. we will keep you posted. meanwhile the big debate at the reagan presidential library were candidates, if there were drinking game, what have you smashed in the first seven minutes just hearing them quoting ronald reagan. take a listen. >> albeit a ronald reagan. >> ronald reagan. >> ronald reagan. >> reagan. >> president reagan. neil: there they go again. >> that was great. the one who's really got "the wall street journal" editor said that relationship was not what he presents. at best it was cool but not desmond and his espousing
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companies for overseas manufacturing may be listing the top rate on some folks. that is not ronald reagan and the other candidates will pounce on just that tonight. what do you think? >> i don't know. in my relationship and never in trouble donald trump, but that doesn't mean he didn't have a good relationship. neil: trump wasn't as big of a deal back then. but he was a big deal and they worked together on a couple of things. was he a reagan conservative? trump got stuck inside reagan was in a conservative. he wasn't even a republican. >> not only was reagan a conservative come he was a very liberal person. you raise the capital gains tax rate, corporate tax rate. as you may know he got rid of the antiabortion statutes in the state of california and put in the first criminal furlough
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program. he was far from a conservative back in california. as the years go on i remember conversing with him and he said you are right. i wasn't a very good governor. is that those are my words. they are yours. at least i change my policy. people ball over time. reagan was the greatest president in my mind and donald trump has evolved over time as well. we want to look at candidates.us what they said four years ago. we want to really look at them as to what they will do when they get into the president. so far it can be certain about any one of them. neil: could you support donald trump? >> i could easily support them against hillary or bernie sanders. neil: you know what they are upset about. >> reagan wasn't consistent through the years. neil: he took some original tax rates and raised him a little bit.
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but he was famous for saying i'd rather get 80% of the loaf than no loaf at all. he was good at negotiating. those days are gone. if he were among the candidates on the crowded dance tonight, would he stand a chance? >> i don't know if he would stand a chance, but i would cheer for him. this is just the time we need a reagan, someone with a broad base like tax, free trade, minimal regulations. that is what we need in these candidates are espousing some combination of those policies. ronald reagan wasn't as clear before he took office as he was one to took office. 1986 at the highest rate, two ta rates. the first round he did a lot and i was canned broth. he didn't have the highest tax rate on earned income.
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he didn't do that. because the lower rates. there is an evolution process with all of these candidates, with all the president than i would be loath to sit there and smash someone right now for what they said two or three years ago because they may well turn out to be really good president. who knows who is going to win. look at kennedy. he wasn't a very good senator, but it was a spectacular president. neil: he lowered taxes. they came into effect after he passed away. >> all republicans voted against him. i think you see a learning process going on here. donald trump for one thing has brought great entertainment to this whole process. everyone has focused like never before. we've got a look at these candidates.
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he's doing it. neil: art, thank you very much. in the meantime, a very big backer of scott walker. i don't know whether anthony scaramucci is scared or scott walker is scared because right now it is sinking fast. what does scaramucci think of that? after this. the internet of things. what we're recommending as your consultants...
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>> it is time for your fox no-space read. i am connell mcshane. we are checking the markets with that in mind ahead of tomorrow's decision covered right here on this program, "cavuto coast-to-coast" pippa dow jones industrial average dow jones industrial average to be upset as we flipped through some other markets to give you idea but people are thinking about before the fed makes its decision. oil prices up by 4.5% today. if you look at gold, argument that gold is almost $17 is a traitor bet that we don't see a hike. the exact opposite argument. a lot of uncertainty ahead of the decision. neil will be back with some more "cavuto coast-to-coast" in just a moment right here.
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ranks they don't do it. james freeman on whether that pressure works. great writer, great thinker. >> first time you have to think about where the warning is coming from. basically a history of dispensing bad advice around the world. a lot of waste, fraud and abuse in countries where people need good government. i think also you realize modest increase to way below historical levels is not going to call it some cataclysm. neil: the fear was it's not the time to do it. the time of course has been crazy. things are out of whack and you don't want to add insult to financial injury because one hike is easily starts other hikes. >> the fed has made clear the other hikes will not come for a while. neil: do you think they need to
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spell that out? >> personally wish they had been more aggressive. the economy is not in crisis. minus gasoline which is nice for consumers to have achieved. >> acted out of fear. >> head of general motors that in our paper today it is time to raise them. auto dealers say in half a point, quarter-point, full point will not be that big of a deal. >> they have a pretty good feel for what the customer is looking for. a lot of customers finance cars. if anybody is panicking about rates, it would be that guy. neil: let me answer this. in a survey that is on marketwatch today, the typical household makes for less than it did before the recession, saying
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63,667 at the end of 2013, it was the lower figure i've referred to by the way after the financial crisis. my point is that is not adjusted to firms. inflations in real terms are earning less on average than they were back then. that bespeaks weakness, that bespeaks fragility. don't do it. >> s., wages have not been rising. we have been seeing growth. people are finally seven years and realizing the federal reserve cannot fix that. they have predicted over and over again that their monetary policy will give growth and they have to move the growth expect patient down. the way we get growth is by looking at things like tax reform. the jeb bush plan, rand paul planned, let's hope others spell out details.
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it's how you grow wages income and the economy. the fed cannot solve economic problems. neil: thank you very much. a lot of the expect patience plus or minus not only what happens with interest rates, but whether that comes up in tonight's presidential debate. a fair guess that it might. just like it is a fair guess to say the hungarian border fiasco right now and the violence will come up in the debate. in the meantime, it is desperation for candidates in single digits. scott walker probably chief among them. what does he do? ♪ hi, tom. hey, how's the college visit? you remembered. it's good. does it make the short list? you remembered that too. yea, i'm afraid so. knowing our clients personally is what we do. it's okay. this is what we've been planning for.
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brilliant nice guys on wall street. i say this with the utmost respect. he just might have placed substantial on the wrong horse and he is scared. he is frantic. he is worried. going into this debate, the scott walker backer is ready to stab himself in the eye if his candidate doesn't do well. he joins us on the phone. anthony, that pretty much sums up your mood? >> wow, that was incredibly dramatic. unbelievable. first of all, you know that it's not my personality. secondly come as much per newer, how many times have i been against the wall? governor walker, you know, if the smoke clears hear he's got the records and his got the personality to be a great leader. >> but he's been dropping fast. >> you've got a couple things happening in this raise and we are a byproduct of it. when trump entered the race you
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turn to me and said anthony, the cable gods are good. you remember saying that? >> when you first got here, don't park in my space. but in other words, you are not worried about what is going on with walker. >> i'm not worried. i'm not saying i am not worried. i'm a team or public can so i am going to support the republican nominee, whoever it may be. even if it's donald trump. i've got to sit down because when i talk to donald and he talks to me, i guess we don't understand. i may need to get an interpreter in the room. i don't think he hates me. neil: you've probably heard charlie gaspaino is here. charles payne is here.
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that is the big stuff you need is a scaramucci in her corner. >> i'm extremely loyal to scott walker. i am not here at the debate. let's see what happens. on september 24th and doing a fundraiser in new york. would you bet against me, charlie? >> you are a hedge fund manager. you want to be on my side. >> he also doesn't understand the tax code. >> i know how you tax anthony thomas guerra michie. >> one thing funny about my meeting with donald. i told my marginal tax rate was 51%. he said well, you need a new accountant. maybe that will be the best thing that comes out of the meeting. he offered me his account.
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neil: did he say anything about me? >> no, surprisingly. neil: i know you have got to go see some séance reader to rescue your fortunes. >> never give up. we are in the game. it's a great guy with a great record. let's see what happens today. neil: that's great. in the meantime, tom brady is on record now supporting donald trump for president of the united states. they go back a long way with tom brady saying he is the guy. charles payne? >> they saw the hat and tom brady's locker room. anyway, they are close. the gop strategist right now.
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that is actually a big deal. i guess the celebrity backing a celebrity. a lot of people like tom brady. >> a lot of people don't like tom brady, neil. neil: he cheated and got away with it, but go ahead. >> everything about the candidates so far is the publicity behind it. it is taking off like a rocket, doing really well. i would remind everybody that herman cain led the race four years ago. neil: herman cain didn't stay on this long. >> i will tell you everybody is looking to the non-reformers right now. there is a spot for the reform minded governors. anthony is right. let me say one thing. they need -- neil: let them finish. >> $100 million will be dumped
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on donald trump's head between january 1 and february 1. where will the republican primary voters peeled off at that point go? >> it could be 100 trillion. all these guys have a pulse. feed scout walkers and gun power before it starts tonight. it was really interesting speaking of gop strategist. trump has no official endorsements are many big wins in the party. the less he has, the better it is. >> make america great again. i've got tom brady. >> i thought that was his candidate. people are telling me i get ratings. i get e-mails that my trump accent sounds pretty good. neil: people who are like -- you'll get to hear a lot more
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trish: breaking right now, everyone. tensions mounting as night sets in at the hung hungarian border. they are trying to stop a flood of syrian refugees getting into the country right now. welcome to "the intelligence report," i'm trish regan. they are firing tear gas and water cannons at refugees as refugees attempt to kick down the fence. they want journalists to delete footage after police dog attacking a refugee. this comes as the obama administration plans to open up
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