Skip to main content

tv   Bulls Bears  FOX Business  December 6, 2015 8:00am-8:31am EST

8:00 am
that. it just solidified that again in my heart and in my mindset. for that i'm thankful. >> we are thankful for a.m. >> i will see you on fox report tomorrow night. >> bye everyone. america on alert as the worst fear becomes all too real. a terror attack on a soft target right here in america. so what's it mean to our way of life? hi everyone. i am brenda and this is "bulls and bears." welcome to everybody. this attack on a very soft target and making a lot of americans feel as if nowhere is safe. what kind of impact do you think that it could have on the economy? >> well, from this one event there's probably no fall out accept in the immediate region where people may go out and shop
8:01 am
less this holiday season and have less festivities. that's only human after a terrible tragedy like this. if homeland attacks continue to happen like this, the attack could be massive. less retail shopping and eating out and cruises. that kind of consume er purchas is 70 percent of the economy. the only economic upside of the increased attacks on this one, and i say this with a heavy heart is the creation of a new growth and security and protection. those are two that you would not see grow. >> yeah. john, you think that it's not going to have an impact. >> yeah, you look at egypt and it's known for terror events and it rebounded almost completely until the plane was knock out of
8:02 am
the sky. you're going to see egypt going down 15 percent. you're seeing it in the direction and areas that it's happened, but you see a very quick rebound. unless you continual attacks. it's like the dc sniper. it's shut down and because of the continuing terror. the events are becoming common because we don't see it in all of the may jr. areas. i don't think that it's an impact on the economy unless you see something significant happening. >> yeah, john b mentioned many other countries. look at israel and they have lived for years with these kind of targets on soft targets with the terrorist soft targeting. what kind of experience can we gain from what they have
8:03 am
learned? >> well, i think what happens and they made great points is that over time you start to get used to them. they have in the last ten years had 300 separate terrorists attacks with nearly 300 people killed. yet over that time period they're gdp has doubled. so we look at a country like that and compare it to ours. look, are we going get 3 hunter riss attacks in three years? i hope that. unless it's regular, that might start to hamper us. other than that, i think that we can recover. >> you may think that we can recover, but you think that it's real both short and long term.
8:04 am
>> yeah, the behavior is minor. i think that you can make a case and not travel into europe with the problems ongoing in paris. people are not going move around america or go to new york and travel because of it. however, the spending is forever. that does not weigh when people forget ant it. look at the homeland security budget. we're attacks away and then you mentioned israel, and they spend a high percentage on security. this attack happened in the city and who is pay for this and the federal government was almost broke a few years ago. if we keep on spending one or two billion dollars a year to stop the handful of attacks, that cost analysis. >> i am going get to o you in a minute but back to john and susie on this.
8:05 am
they might days green with you. >> i think that behavior will change. we will see people act differently. we will see people spend more time at home. these things are subtle. things do change in the economy. maybe the economy won't decline, but it will change on how people shop and entertain themselves. that's going to have a ramification for people and jobs will grow and some will disappear. >> sasha, weigh in here. >> well, there's a big difference in this happen asking if it continues. i think that the idea is only because of the terrorism and would cause a different affect and we have shootings every day of the year. we lose 80 people a day to shooting. whether or not it's a terrorists or a domestic terrorists, it does not change people's
8:06 am
patterns. we have new ton and parents still send their kids to school. >> yeah, this is a targeted attack and not one criminal shooting to another. >> yeah, this is apple and oranges. that example does not work on anybo anybody's scale. there's a big difference in terrorism and gun violence. we're talking of terrorism here. not a loan gunman. someone that's working with isis. we're talk thing of people sneaking a dirty bomb into somewhere like manhattan and trying to kill hundreds of thousands of people. there's no way to come pyre that to the gun laws or anything like that. >> this one case right here with the two people and there's a lot of o information that we don't know about.
8:07 am
>> you're acting like it's gone. this is my point. i ride there to get the cones and they had had security in other schools because of what happens. >> it's the long shot event and that's the permanent damage that's going to happen from this completely out of back benefit of fighting terrorism. >> say this does not compare to a dirty bomb, it does. you have sleep er cells. >> i did not say anything about gun laws. >> i want to get back to the economy. talk about what jonas was saying
8:08 am
and the long impact that one could have. >> well, they make good points and we tend to take them and hen all of a sudden the budget balloons. that's a negative impact. we know from study upon study that when the government taxes you to spend as they want, it's on the economy. on susie's point i do think that behavior will change. it's going change in a good way. people are more vig lenlt. in tend hopefully if the administration is on the top, we start to spend smarter rather than more. that's the finger cross and then if the behavior changes, it's in such a way that people do not get away from shopping and more vigilante and spend it in other areas. it goes to maybe online roadway r retail, so the spending stays the same. hopefully the economy as a whole does not get the negative impact. >> susie, last word.
8:09 am
>> well, the economy is built on certain behaviors. we go to football games where there are hundreds of thousands of people. our behaviors do change because of this threat and becoming part, a whole shift will occur in the economy that we can not look away from. there's no happy talk about around. >> that's right. hank thank you all so very much. neil, what do you have? >> well, the california couple terrorizing and lived in a nice house, college education and a good job. does this prove that it's not poverty that's driving terror? and we need to wage a propaganda war to defeat isis. his plan at the bottom of the hour. you know that we will be there and watching. up here first lawmakers set to vote on a bill and tightening u.s. travel visa. does it go far enough to really protect us? back to more
8:10 am
8:11 am
8:12 am
8:13 am
"bulls and bears." lawmakers say that it could help to prevent another paris style attack from happening again. gary b, you don't think that it's strict enough? >> well, brenda it's like
8:14 am
putting your finger in the hoover dam if it's leeking. yeah, it's going to have an impact but minimal if that. the visa we let in 21 million people a year when 38 countries, and there safe countries. remember there was in the first world trade center bombing that person came in with a fake british passport, so people and terrorists come in and we're doing people from syria and iraq and iran. that's a start. we kind of talk aboutize ral and the first time and we need to get with the program. their agents if you will are army trained intelligence people with expertise and detection. we try to keep on fixing it with the administration fixes. that's dumb. we need to have very sharp and people when they come into our country and stop them there. i think that's the best way.
8:15 am
we just can't plug up the whole with red tape. >> jonas gary says that but you see a down side. >> yeah, there are hundreds of thousands of super human americans that come in all of the time and your going to make them go through the long processes and get the visa's when they're 99.99 percent i think it's the wrong thing. track it here and have a better screen system. don't just have the waivers. these are great things for the economy. >> john, that one person gets through. what does that mean?
8:16 am
>> well, he came through on a visa program and was the master mind of 11. we have had two wars and $3 trillion of spending. think what could happen. it's about prevention. it's been eradicated and this is the way that we have to stop the terror. we have to store working with the 38 countries that are in this waiver program, and we have to be able to have the data sharing. not just measures when they come into the country. we have to have good data sharing in the countries. we all tomorrow together to stop the extremism in world war ii. in russia we have to do that again. we need to stop what is going on inside of these countries. you come and get a fake passport and then you can travel in any of these countriecountries. that's a loophole that has to be fixed. >> yeah, everyone's point is right there. absolutely it could be very harmful to the economy and
8:17 am
tourism. talk about 21 million visitors. we want to keep the bad guys out. we're the united states of america. we can handle people coming to our country. there's a little bit of keep calm and carry on. go on and about our lives. go shopping and spend your money. we can not just sort of indulge in it. there has to be a common ground. >> the male shooter was an american shooter. we can talk about tightening visa's and we should be important with them, but the bigger issue and heightened issue is surveillance. let's put the best people looking on and there's an economic impact. we need to take it. we have to have our eyes on the people that might be american citizens become radicalized. i think that this is going to divide the gop in the election.
8:18 am
some think that we should have surveillance on everybody. others think they sould not get near everyone. >> all right. it's sure to be a political issue. thanks guy. cashing in a little bit over an hour from now. hi brenda. afraid of being label a racists. cashing in and seeing you at 11:30. >> we will definitely be striking around for that. what do the world leader think is a bigger threat o the at ally bank no branches equals great rates. it's a fact. kind of like ordering wine equals pretending to know wine. pinot noir, which means peanut of the night.
8:19 am
can a a subconscious. mind? a knack for predicting the future. reflexes faster than the speed of thought. can a business have a spirit? can a business have a soul? can a business be...alive?
8:20 am
at ally bank no branches equalsit'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.
8:21 am
8:22 am
the president is sticking to his view. clie nate change is a threat. >> mr. trump should get a recorder on some of the stuff that he says. here is what we know. 99.5 percent of scientists in the world say this is a really urgent problem. >> john, urgent problem usually means spending a lot of money. is that where it should be in terrorism? >> no, this is a stew approximate pelvic inflammatory disease comparison. we have had a lot of people that have been hurt and killed by terrorism recently, and we're talking about comparing that to climate change. this kills the environmental message because of the way that they present it. it's not an either or. we have to deal with the terrorism and what we're putting into the area, and that's what the green agenda is trying to
8:23 am
get forward, and they're doing it in the wrong way. >> jonas. >> well, you don't have to spend money in theory. you can get rid of the income taxes and just have carbon taxes and that's revenue neutral. maybe there's only a chance of coming to tuition. the cost of that is so much worse with famine and hurricanes that just switching the tax base around and it was never going to happen, is less costly than you have to spend money, and cannot fix that with the revenue tax system. >> gary b, do you agree with that? >> absolutely not. first of all the 99.5 percent scientists thing has been fact checked multiple times. that's wrong. second of all in the last 17 years there's zero global warming. you spend one and a half trillion dollars and people going around with the cups on
8:24 am
the hand and it's horrible. say that all of the money was well spent. every country agree today the carbon admissions restrictions. do you know what the change would be by the end of the century? point 17 degrees secellous. this is all a big bunch of bs. we should be focused on terrorism and not this unending trillion dollar project. >> sasha? >> i am just flab er gasted gary b. why do people have a problem that climate change is a huge issue. >> not when they don't have the facts. >> it's like a heart tack. terrorism right now and global warming and the problems from it are in the future.
8:25 am
if you're worried about syrian refugees, the middle east will be too hot to live. >> you mean like some are slinking and they're growing. >> people are saying it's about politics, but this is the essence of leadership. you have to eat while you dream. you have to deal with the problems like terrorism while you think about how to solve a global warming and how big or how bad global warming could be. this is the essence of leadership. that's what the debate should be about. >> okay. that's the last word. thanks guy for joining us. we appreciate it. coming you up the one stock to own in the uncertain times.
8:26 am
♪ i built my business with passion. but i keep it growing by making every dollar count. that's why i have the spark cash card from capital one. i earn unlimited 2% cash back on everything i buy for my studio. ♪ and that unlimited 2% cash back from spark means thousands of dollars each year going back into my business... that's huge for my bottom line. what's in your wallet? does your mouth often feel dry? multiple medications, a dry mouth can be a side effect of many medications. but it can also lead to tooth decay and bad breath. that's why there's biotene, available as an oral rinse, toothpaste, spray or gel. biotene can provide soothing relief and it helps keep your mouth healthy too. remember, while your medication is doing you good, a dry mouth isn't. biotene, for people who suffer from a dry mouth.
8:27 am
8:28 am
8:29 am
predictions, gary b, what do you have for us? >> it's the only stock to own the end of the year, apple up by ten percent at the end of the year. >> john, do you agree with that? >> no, i think that it's a great company, but wait for a full back. >> t mobile has an incredible year as well. >> i had to too t mobile calls drop this week. >> almost guarantee the short
8:30 am
term rates are going up. here is the part that no one sees coming but me. long term rates are going down. you can play that and the highest interest rate that you can buy i have clients up in 50 percent up in six months. if you think about it he seemed to be living the american dream. now the suspect and his wife have them facing a nightmare. syed farook lived in a nice neighborhood and had a college education and a nice job. the next time that poverty moves it, don't buy it. ben stine will be back next week. mr. payne. >> i have been saying this for so long. we see it over and over and there was a guy worth $300 million, but it's really more to a certain degree more amazing when they're born in america. they hav

97 Views

info Stream Only

Uploaded by TV Archive on