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tv   Cavuto on Business  FOX Business  January 17, 2016 2:30am-3:01am EST

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>> if it falls a few points, you don't have to do all of the crazy people. you need a long term gain and then van guard up 20 percent and then savings. okay. neil is next. last week the new york times board quoted you of saying a 45 percent on the chinese goods. >> they were wrong. it's the new york times. they're always wrong. they were wrong. >> you never said it? >> no, i love the chinese people but they laugh themselves. they cannot believe how stupid the american leadership is. >> you're open to it. >> i am totally open to it. cannot deal in china without terror. they do it to us, and we don't. it's not fair trade. >> if that guy becomes the president of the united states, be worried.
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very worried. it would not be business as usual. happy weekend to all of you and with the volatile market and the candidates say that they have a prescription to get us through the rough patch. do they? reporting from charleston, south carolina and the fox business debate, some debate as to whether that sort of a -- i don't know shall we say a cure would help us and that's the answer. the donald says maybe not 45 percent and he never says how much higher. that's going to go apart and then also joining us right now is what we like to call and then adam. okay. charlie, donald trump is saying well, if we're going to zoom us, we're going to zoom back. >> yeah, he also left out if he really wanted to do it.
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at one point he said that we have to go there. we have tremendous -- >> listen, i thought that he answered the question really well with. >> he never answered. >> that's why he did it very well. what matters is is that he delivers a couple and then we're going to get tough with with these guys and they manipulate and we're going to make them stop to do that. they're going to go against the biggest power in the world and then the united states is leadership and about using. neil, you guys think that this is all about oxford debating point remain silent. you say that and i say this. you write that down and say who made the better point. this is about sound bites. with that said, that conveyed the message and the message of the base better which is they
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are. >> do you think that they could lead to a trade war and it's american consumers that have to pay for that. not the chinese. it's something that people like to hear. yeah, you're dam right that china is taking advantage. that should not be the case for the super power. he is in that. >> he is. especially down south people are still raw about the massive loss of jobs in the industry and furniture industry. those are not distant memories. it happened over a period of decades, and they're angry about that and playing into that. he is also playing into china and us playing by their rules when companies go to do business there and we allow china to come in here and do business.
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we have been as a nation playing by other nation's rules. i don't think that this is a quick fix. these countries are linked as we have seen in the massive margret sell off lately. are their step toss take to make us less vulnerable? >> if you look at these markets and you're looking at a prescription offered by trump, could you make them worse? >> well, look by definition they're terrible and it distorts prices and you crews the consumer. i don't think that this is about testi tariff. this is a message saying we're not going sit back and let you dictate anymore. we're in united states of america, and we're going dictate policy, and our message to you is to get e to the table to us and i don't mind it, but nothing good is going to come of it and
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we're going to have a price and go back and forth. nobody is going win at the end of the day. it will affect the market in a very big way. >> you know adam you can argue with the argument and saying that the defense says that we have no business talking about. we have no idea what they're going to do. we have outside of the universe that reagan was pushing and going to the table and then out of fear the cray szy cowboy is going and having said that, was that and could that be the best message of all with trump and way you deep into that answer on the taf riff thing, and it will come to that. >> well with, the part that i focused on and they have been a couple of comments communicating last night -- last week with the chinese. he was not communicating, and he was just playing go frightened
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americans. he does not know what he is talking about. they're terrible ideas. >> i don't know. i don i don't know. think that he knows what he is doing. >> he talked about -- >> i am not saying that -- hold on. i am not saying that he does not know what he is is talking about. i am saying that he is dead wrong. everybody that knows everybody about the economic policy knows that he is dead wrong. that's why he is dangerous. >> here is why he is making a credible threat. >> i am a little older than you. i remember that threat. we had no way -- >> all of -- here is how you know that he is on to something. the chinese is taking advantage of us and basically everybody on the stage agreed with it. john kasich agreed with him.
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maybe jeb did not but they all said that china is taking advantage of you. you take that and our weapon is we're not taking it off the table. >> i had the signature moment and then it was new york and then it got to the point where trump stopped everybody in the tracks the same in new york and the politicians to say that your 9/11 people suffered left or right and don't politisize that. it was powerful, and i think that it was seement. >> ted cruz handed him the most important moment.
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he founded elegant and brought down the tone. >> he was ready for that. >> you know what, he sent the message of if you're with me, i have your back. i have got your back. that's -- >> he blew it politically. >> here is what i want to say. i think that it changed the debate with china because he said that you may think that my terror or my rage is crazy, but that comment on new york on 9/11 on uniting us was so a typical for trump, i think that it might have offered a different glimpse. >> he was posed in everything. i think -- >> you you don't like people that are posed. >> i think that donald is a brilliant guy. i will say that i don't think that ted cruz hurt himself in that. this is a country -- we all live
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in new york so 9/11 is with us. i worked across the street. thank god i was not at work that morning. i worked across the street. my dad built the trade center. that is with me. i don't know if having new york value resinates throughout the country. >> do you know what the agenda was? i know what he was thinking. it backfired. >> yeah, i want to add it and then a new york by choice. >> if your going call him a yankee, call him that to his face. that's what he was saying. he keyed up a critical moment for the trump campaign. >> i want to thank you very much. in the meantime from the debate there's suddenly no debate right now over what happens when you step back from the economy. what is it just sort of falling apart in the markets are
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reflecting that just a little bit early. stick around. today on forbes on fox, the first republican debate kicking off this week on the fox business network. we will tell you the one thing that all candidates or what
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the iranians are getting. now back to business. i was telling a committee and over home grown extremism in
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50 states, so how do you define the threat? >> well, when f you have a commander in chief that won't speak the name of the enemy, radicalism. >> you have to ban it. >> we have a serious problem with, as you know add callism. we have a tremendous problem. >> if any of them got into the white house, there would be a different policy in dealing with isis and the different organizations. the approach would be more in your face. >> right. with the current presidency, it's been -- if we don't go after these people, if we don't talk about it, they're going to leave us alone. i truly believe the liberal, deck cats believe that we brought them on ourself and that we bring the terror to the shores. i do not buy that for a second. instead of addressing it and
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calling it for what it is, we have created a vacuum and gave rise to more extremism. >> the one thing that you touched on was the idea that we're not going to take it on. you may not like the language or calling them what they are, but it does hit a nerve. >> it does. donald and ted cruz were particularly there on talking about just how the administration reacted to and how iran took advantage of a mistake and a couple of guys on a boat and going wondering into the waters and basically had their hands on the back and sgus pointed to the back. what was the response? we're sorry. do you that we had iranian guards with guns to our people's heads. now, i heard some people say -- maybe it was montel williams it was standard military procedure.
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no, it's not. you draw guns on our guys, get ready for war. >> we do that when we -- >> we seize pirate vessels. this is the united states. we're not pirates. >> i remember seeing the pirates of of the caribbean. >> neil? >> yes. >> more importantly it's in conceivable that we can go on the map and see the headquarters of isis and they're standing and isis walk nothing the hallways. they can parade in plan sight in the middle of the day in streets and we do nothing about it. these are people that want to destroy us, murder us and everybody else. we sit back and don't talk about it. >> buddy, i love it but you're a couple of in stances. fair or not, we're worried about collateral damage. it's how far that you won't go
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in pursuing them and killing a lot of civilians. >> look. condition certain concern concern. there have been collateral damage on the things that's been done. sometimes that happens. we have great intelligence and a great military, and they always are looking out for not having the damage, but sometimes you have to move forward and do something about this. >> fair enough. here is what -- okay. all right. buddy, all i am saying is i am a numbers nerd and i am looking at the defense and thinking to myself, it's almost at the afghan war hikes. maybe we have to do what's better, but to a man they were out there in the earlier today and talking about a lot more defense spending. it's a lot of money that we're spending already, and you could make the case and the amount of
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dollars is the issue and not the priority of the dollars. what do you know? >> i think that you're right. these are people that are run nothing a primary and saying things and filling the goal. neil, you know that i often think that you're right. i have to be the person that i feel like nobody -- no one heard what president obama said the other night. the objection is that he did not talk about radicalism. he could not have been -- >> i am kidding. i am a kidder. >> i know that you are. he could not have been clearer going after isis. >> yeah, somehow that over shadows what the president said. >> yeah, to the the point he did and it's a lot of people. guys, i want to thank you very much. i talked to a lot of smart lawyers over time and they say that the president does not have legal authority to shut down
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gur gitmo, but he does have the authority to empty it out. what's the
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we are going to win this war on isis. the most powerfulle intelligence agency in the world will tell us where they are. the most powerfulle military in the world will destroy them. if we capture them alive they are going to guantanamo bay, cuba, and we will find out everything they know. [ cheers and applause ] >> that depends on whether there is a gitmo because the president is emptying it fast.
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ten more gitmo detainees in a transfer this week. the president's goal now is to emp ti the place out. keep the facility but it's empty. i'm no lawyer. i barely understand law shows on tv. i'm told he has the authority to do it. dicier on whether he can shut it down. it's a moot point if he empties it out. >> right. dangerous regardlessle of how you look at it. whether you shut it down and move the detainees here, people don't want them on american soil. let's release them back overseas. you have seen these individuals reradicalized, if you will. osama bin laden's former cook is running a division of al qaeda in another country. >> his cook? >> the cook was in gitmo. yemen is where he is now. >> the facilities in the caves -- we laugh. they're terrorists! >> but i spoke with judge judy on this issue --
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>> i love judge judy. >> the whole thing is what do the american people think. >> he really can. >> we released him into the courts. >> that's fascinating. he doesn't release them back to the u.s. back to the battlefields so they can fight us and cause terror. >> first we they go through edge re-education to make sure they're not terrorists anymore. i'm not kidding. >> if it doesn't involve waterboarding, i'm not for it. >> the president mentioned in a speech this week again about getting osama bin laden. yet he's now going to release some of the body guards of osama bin laden and our department of defense even says that they are a worry. we are releasing them to where? the middle east? we have no control where they go, what they are going to do. we have already facts that past people that were released are back on the battlefield, coming
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to kill us. this makes no sense whatsoever. >> since this is a money type of show, the argument for doing it is a big waste of money, et cetera. always a big waste of money. if we keep the facility open. if we just don't have people there, that strikes me as a bigger waste of money, right? >> yeah. i think the cost is a red herring. i don't think that's the problem. the problem is we are a nation of laws. this is where you started with it. we don't have a good legal structure. he's wanted to shut it down all along. that's what he's trying to do. >> how much did he pay his chef? >> i don't know. >> this is a money show. you don't know? >> you work for osama bin laden for free, apparently. >> some people are partial to meat, fish, arugala.
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not so crazy investment advice. what are you doing now? >> notwithstanding vicious bounces. we are in a bear market for stocks. the only thing i want to own is government bonds. they are boring and will put you to sleep. you will get a little bit of yield. >> adam?
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>> xlk which is a basket of big technology stocks. almost no matter what, that's where you will find growth. >> all right. no debate. you guys are the best. get it? cut taxes for corporations and for individuals you're going to make things move. >> a flat tax for everybody. >> corporations by the thousands are thinking of leaving our country. they are leaving because of taxes. >> we need to make the government run smarter and better and reform the corporate tax system. >> let's not have the most expensive business tax rate in the world. >> a simple flat tax. 10% for individuals and 16% business flat tax. >> you heard it, folks. the one thing gop candidates agreed upon this week at the debate, tax reform and tax cuts are the best way to get jobs and the economy back. are they right or wrong? hi, everybody. welcome to

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