tv Cavuto Coast to Coast FOX Business January 18, 2016 12:00pm-2:01pm EST
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i mean, listen, bernie sanders campaign slogan is feel the burn, and i think hillary clinton felt the burn last night. that was a tough debate. ashley: felt the burn. that was morgan on the debate last night. quick check of oil oil. it's low and staying low. 29 bucks. let's because to the rockstar of fox business network. kneel cavuto. take it away, neil. neil: you just mocked me there. ashley: no, i didn't. neil: this is when you criticized my scottish accent. ashley: that's awful. neil: thank you. and, by the way, where is varney when everyone is congratulating his sixth anniversary? >> apparently he's taking a birthday vacation. he's earned it. neil: okay. a big show, a anniversary show, you might want to show up. >> i know. neil: but i know he's having a family reunion in brooklyn, and he's got to go. ashley, thank you very much my friend. well, the markets are closed but, unfortunately, much of the world's markets
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are open and connell mcshane on how those iran sanctions are figuring into the mess. connell. >> well, it's interesting, neil, because now we're going to have -- as if we needed it, even more oil on the markets now that the sanctions are being lifted on iran. so $500,000 -- not $500,000. 500,000 barrels of oil per day. that's been one of the issues in the oil market anyway. trading electrically now. below $29 per barrel. this will take all this time to get the oil back from iran. one of the top officials there say it could take months to get up to the speed. and it's not clear how it's all going to work. they've been out of the market for, like, three years. how do they negotiate with, say, europe. they have to build up new relationships. there are said to be contracts already in place with china and some of the other asian nations that they can work with. and as we tracked that price, we showed you oil already around 29, which is where it has been, a little light today with a lot of the u.s. folks off for the holiday. the other thing we're looking at, though, to your point
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coming in here is the overseas markets. you know our markets are closed, by the way, but when we start quoting narcotics saudi arabia. but that's a five-year low as you might recognize for the saudi arabiaian market and this has been a problem for world markets as oil slumps, more and more oil on the markets, that's been one of the reasons stocks have been going down. what i will say about this, neil. a lot of it should be priced in; right? because a lot of this was known going in. neil: right. >> so we'll see throughout the week. neil: that's what's surprising, connell, not as if this were heavily and aggressively telegraphed. but why the surprise -- >> there is a little bit of a shock. a little light trading-wise compared to what we might see but, no, it shouldn't be surprising. we've known this for a long, long time. neil: connell mcshane now on whether iran is going to want to change the dynamics here to lift the price of that oil. it's going to be able to sell very, very soon. they're very good at that if
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you think about it and just escalating the anxiety just push up psychologically the price that they want to get their hands on; right? >> that's true. but you've got to take into context. so, you know, currently right now iran's budget is based on about $70 per barrel. so that's how they budgeted. so, you know, current prices, they've already -- they've got a significant deficit. you know, best estimate say that it's going to take about six months for them to at least get up to production of about 3.5 million barrels per day. so to also put that into context, just to get to the presanctions level of where iran was, you know, it was about at a 37 -- you know, it would take about a 37-dollar a barrel oil, and they would have to produce 7.5 million. so there's a long road for iran in terms of production capabilities to actually start offsetting a lot of time financial deficits. but that does play well with some of the other regional countries in play.
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neil: yeah, we should stress when it comes to markets in the region, iran was up, it's up 6% years to date, one of the best performing markets in the world. obviously responding that they're going to get 100 to $150 billion their way to say nothing of the oil revenue they're going to get. what do you think they're going to do with all of that? >> i think they're going to have to have some internal energetic terms of rebuilding a lot of of their infrastructure. but i think we would be naïve some of their additional support going to nations that threaten our ally israel. so certainly that's going to happen. i'm sure they're already talking about contracts of buying attack helicopters and tanks from russia. so there's going to be a significant military build up as well. so they're going to have to balance at least in terms of spending power what they do to kind of bolster the internal economy and keep the iranians happy until the capital markets allow them to fanned
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into europe and reap the benefits. but they're also going to do a significant amount of ensuring that the defense footing is much bigger. neil: then obviously they -- the weapons inspectors and alike that they're complying with this agreement. you know how these agreements go and how easy it would be to fool people. but, you know, look at the half full glass. maybe they're not doing that. what do you look for when you hear these reports and you hear the un give blessings. all right. they seem to be complying. what do you look for. >> to be honest i think those inspectors did find that there was evidence that they hadn't stopped, at least in the first round of sanctions that they were still going. so to be honest i think what we see at least in the public news cycle is not really -- you know, it doesn't really speak well i think to the facts on the ground. i think once we're going to have to really see is the capabilities at least with some of those proxy organizations as i mentioned hamas, are they going to step up to weapon capabilities that
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they didn't before? and from the nuclear aspect. look, these guys are famous, you know, for -- you know, we thought that there was a site that they were building and overnight they turned it into a soccer field. so we're going to have to step up. not just america but european intelligence services and really focus. but remember part of this deal is that the iranians inspect themselves. so add that kind of absurd part of this, and i'm not really sure we're going to ever know what's really going on until it's perhaps too late. neil: they inspect themselves, that's like inspecting me on a ponderosa buffet line, good luck with that. thank you for your service as well, ben, good having you go on. >> thank you, neil. neil: he's kind of concerned about some of the mixed messages we're getting about iran. obviously as we're easing up on these sanctions and freeing funds to the iranians. a new sanction because of
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misbehaving on this deal itself. intermediateiate missiles and the like. so congressman, to your point it is confusing the administration, though, says they're two different things that we're looking at here. what do you say. >> well, i think the administration is being too cued by half, and i think there's a great deal o of ambiguity, neil. and think about it. the iranians a couple of days ago humiliated ten sailors and shot off missiles and violated protocols and shot within 1,500 yards of a naval vessel and then they get $1.7 billion in a settlement all the while there's $2 billion in judgments against iran for u.s. victims of iranian terror. so you see how this is topsy. you don't know if you're a horseback with the iranian administration and within doubt the administration is making it clear, and i think
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your previous guest is proof of this that they're desperate for a deal. almost no matter what the iranians do, the administration is going to give them the benefit of the doubt moving forward. neil: all right. but they make a distinction, congressman, you can help me with this between these violations of the missile thing but not so much for violating this agreement as much as violating whatever agreements we had with the united nations. all of this is just too north dakota weeds for me. but it seems like they've lied and broken at least one covenant. so why can't we just hold back until all covenants are clear? >> well, look, there's another point here too and this is a deal that has never been signed; right? congressman from kansas and others -- neil: it hasn't been signed by iran. that was the kicker. >> yeah. that's right. so what is it? if it's not -- if it's not an agreement that's reduced to writing, then it's nothing. it's a political understanding, and it's interpreted by the
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administration. so the administration has all of the tools to interpret these things in a way that's most favorable to them. that is the administration. and i think, neil, this is an example of a president that is desperate for a foreign policy legacy here. he basically went to the negotiations and they said, look, we're not going to leave without a deal. the iranians took full advantage of that and now they've got the administration on their heels. if the administration were in such a strong position, then the terror judgments against iran would be paid right now. instead, they paid $1.7 billion in an old negotiation and the iranians -- you see how they always -- the iranians have the better end of this deal. neil: all right. john kerry was saying this morning. you know, it's a great deal and release of hostages as well we're making progress. i want you to react to this. one second. >> iran asked for many other people. they asked for people with criminal records. we didn't touch any of them. we said, no, we will not do
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that. we will not anybody out who committed murder, any terrorist, anybody else. these are people with sanctions violations. so we feel very comfortable that the united states of america held onto its principles -- neil: held onto its principles. what do you think, congressman? >> well, look, this is the same secretary of state who came to congress and said that no deal is better than a bad deal and admitted that there was no alternative, which is internally inconsistent. so i think for john kerry to be interpreting this trade five innocents in exchange for five criminals and calling the dogs off of 14 people who were probably deserving of further law enforcement inquiry another is another example of poor negotiations, too desperate to make a deal and that's all fine and well and good if it's only a legacy. but what we're talking about obviously is the security of the west. i don't think that the administration realizes the nature of the regime that they're up against.
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because if they were, they wouldn't give 100 plus billion dollars of sanctions relief, money that goes anywhere that the iranians deploy and even admits that some of that is going to be going on for terror against our friends and against the united states. neil: all right. it is weird. it is confusing. and it does seem a bit inconsistent. congressman, good seeing you. thank you. >> thanks, neil. neil: do you remember the big fuss when donald trump said he would stop bringing muslims to america, until they straightened all of this out? this did not go well in her majesty's kingdom. they're debating a ban on donald trump and all i'm thinking to myself is you're bloody nuts. you were once one of the greatest kingdoms of the world and now you're debating whether or not donald trump can come and see you. act like the superpower you once were and get on with it. that's my british accent.
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for a free quote today at see car insurance in a whole new light. liberty mutual insurance. >> mr. trump, we now turn to china. >> hold on. i'm getting a call from a respected expert. hello. what? you're saying jeb bush is a little girl? >> no. i'm not. >> and can't be president because his hand's bigger than his face. >> that's not true. look. oh, dang it. neil: what you know i'm glad about this snl skit is that the guy -- isn't playing me, he was stuck playing chris christy, so i'm okay with it. and this dude is widow peek and that's fine. i got a lot of comments on that.
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very funny. fun stuff. majority leader on what they were sort of playing with there in that skit that isn't so funny now for the establishment versus the new wave guys heading into iowa and new hampshire. senator, good to have you. now, you're a big backer of john kasich, the iowa governor. >> that's right. neil: he's having a tough go at it. does he have to place in the top three in new hampshire? >> well, i think that would certainly help and the last four polls have indicated he's in the fourth position and just the last couple of days he has been endorsed by three major newspapers in new hampshire and, by the way, i thought you did a great job at the thursday night debate. i was there, but i didn't get to visit with you. and i thought you and maria did a great and fair job. kasich got a little bit more time. he is the most qualified, he's the most experienced, i know him well, i worked with him in defense and budget issues, he's got experience, including with working with fox.
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and he's making a great governor of ohio. so -- and he's a uniter, not a divider. he won't get involved in these personal exchanges that you saw a lot of last thursday night. so -- but i think he does well in new hampshire, there are several routes to getting the nomination. they don't begin or end with iowa and new hampshire. but if he does well in new hampshire, i think he'll be looking to some opportunities in the south and then the west. neil: you're right. anything can happen and, you know, what's interesting you and i have gotten into it before. even if you don't agree with everything they've done have gone the way of the doe bird; right? walker is out, same you could argue with chris christy, although he has percolated lately and even in the case of governor kasich who has a very impressive record as governor and former house budget chief. it's tough for those guys to break through. what's going on?
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>> well, times are different and people are different. you know, social media is a big part of it and now -- people are frustrated and mad but, you know, i don't want somebody just talks about how mad they are. i want somebody who talks about, look, it's dark in the night, i want somebody to tell me how to get to daylight and grow a plan to grow the economy and change our image around the world in terms of what america can do. that's the kind of candidate john kasich is. neil: do you think that donald trump is that kind of candidate? or could be. who gets that nomination if it is donald trump or cruz, you would be fine with that? >> well, i've got preferences, you know, other than them. neil: sure. >> but if they're the nominee, of course i'm going to support the nominee, and i would want to have a talk with them about, hey, look, fellas, if you do have a chance to become president, we want the nominee, we don't want hillary or bernie of course. but you're going to discuss
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how you're going to get current things done. one of the current failings is he has no ability and upholding his high horse, and he didn't want to stoop down and deal with the congress. you have to do that. and so -- neil: well, he says as you know, senator, he says that the congress stopped him at every path and, you know, it's a he said, she said. whatever. bottom line there is a poison wealth to your line. and going back to bill clinton and george bush and now this president. and i'm wondering if that's baked into the cake. how do you change that? >> leadership. vision. that's one thing i like about our new speaker paul ryan. he's talking about, hey, what do we stand for? i was very upset years ago when the republicans really didn't have a message, they didn't say what they were going to do if they got elected. paul ryan is trying to get the congress and particularly the house but the senate too to think about what do we want to do? tell the american people why we should be elected instead of continuing the obama administration policies. it's been a disaster.
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but it takes -- you have to have communication, you have to have a chemistry where you can trust each other, and you have to have a vision of what you want to do for your country to make it a better place. i'm worried about my grandchildren now. i've had my day in the sun and the great opportunities in america. i want to make sure it's there for trint lock the third. neil: there's really a trent lock the third? >> there is. and he's watching all the debates, he knows you, neil. neil: i'm sorry i didn't get a chance to at that time chat with you but it's always a pleasure. >> thank you, neil. neil: in case you didn't hear, they're having a lot of troubles in france and now the leader of france is saying we've got to do something and fast. but he's doing all the wrong things. or so my next guest says.
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neil: all right. i don't know what's going on across the pond yet. england looking to punish donald trump, make sure that he can never come to england ever after the muslim comments. they're actually having a debate in the uk parliament about that. i kid you not. meanwhile in france just take a little ride in the tunnel and they're dealing with a fiscal emergency and trying to patch it up with $2.8 billion in tax relief. that could signal it would be a little disaster. which is french for a disaster. gary, what's going on there? >> neil, the french president and the french government wants to create more money. they have created the problem. neil: tax relief. you haven't tried that. >> the only answer is more government spending. neil, at this juncture, they have the highest debt gdp in highest, the highest debt in history, the unemployment rate in the tens and that's what they report, i have to tell you it sounds a little bit
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like what's going on in the united states right now, our debt to gdp is higher than theirs. neil: but, you know, what they do -- i find what a lot of leftist governments do, they revisit the same old, you know, strategy. well, if spending let's say 100 billion euros couldn't do it, let's go for 110 billion euros. i'm exaggerating to make the point. but they do the same old thing expecting different results. what they've done in the past in france is when they offered something approaching tax relief, regulatory relief were those countries that have, they're generally off to the races. >> well, that's why they're called socialists, neil, and, look, they have precedent. they can look at what's going on in japan for 25, 30 years. they have 200% debt to gdp and can't get their act together. so more the same, nothing's going to change. they do nothing about a 35-hour workweek.
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they just do not believe in the people and their ability to take them out of economic -- they think the government is the answer to everything, and they are smarter and better than the people of france and it's unfortunate because it's not going to change. it's only going to get worse and as the markets drop also, that's going to take away much of the wealth affect that has been going on the last few years, so it's going to be doubly bad the next few years. neil: we're going to take a look at the corner of wall and broadway, stocks stayed remarkably the same all day long and then they reminded me, neil, because the markets are closed. and all the markets are down and we've been waiting for tomorrow. what do you think? >> i'll give you the little bit of good news. we have already dropped 1,800 points in the last 10, 11 days, so i suspect we're going to have a decent bounce. but we're in a bear market for stocks, neil. it's been going on for a while and now the major embassies are making themselves apparent. i think there's a lot more to go, and i suspect we're going to have a rough going, at least into october, and i do
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believe we're going to be in the 14s if not the 13s in the dow, and it's going to be a worldwide affect and unfortunate. neil: always great talking to you, gary, one of the smartest and greatest on the markets. but then again i don't know what he's talking about how can i question him? but, no, he's very, very good. and the majesty debating right now about donald trump they don't want him there. they want to club him and make sure he never visits. i don't know if you ban him from your country let's say he sneaks in on his huge jet. do you arrest him if that happens? but they are seriously taking this. i don't know what your opinions on donald trump, some people love him, some people hate him. it doesn't matter. i'm looking at the whole world. isis, everything else. i'm thinking just me, there might be other things to do. maybe. one or two. more after this i know you're my financial advisor,
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the world stage. would not be welcome in britain. ashley webster. ashley: john, paul, george, ringo and donald. he will not be the fifth needle, wiehl. westminster hall. that is where this is all taking place. it is not even the main chamber. it is not a huge deal. it is getting a lot of attention. it does not mean anything. they will not vote on banning donald trump. just an excuse for politicians to get up there and have their say. they are about one hour into this three hour debate. some of those words are poisonous, corrosive, extremely dangerous. whirlpool sieve, even. look, we may not like him, we
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may not like what he stands for, but he says banning trump would turn him into a martyr. we do not want to be seen as anti-american. a petition with over half a million signatures. he should be banned from his comments say muslim should be temporarily banned from coming into the united states. that is hate speech. that is illegal in the united states. edward leigh said, look, free speech means the right to offend people. he calls mister trump a ridiculous figure. why should the uk beat getting involved in america politics. mr. trump should come over to the uk and the bait so they can at least express their concerns about how he is conducting his campaign in the united states.
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do not get me started on scotland, neil. neil: what an apologist you are. i mean, really. it is like, wow. this is not expected to go anywhere. ashley: come on. give me a break. i am a u.s. citizen. neil: i am sorry. come on. that was pretty good. >> it is better, but it still is not good. neil: ashley webster. former national security advisor vice president dick cheney. where is this going? i could think of a variety of things that government should be
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picking up. what do you think? >> i hate to say it, neil, but i agree with ashley. i think it is a tempest in a teapot. i do not agree with donald proposal of banning all muslims temporarily. collecting these politicians. neil: could not admit that because he is at the that the had pocketed the parliament. in your case, you are just saying, leading some steam off here. it is also robbing him of a chance to address the refugee mass. >> neil, i think it is. if anything, it is an indicator of how low the wants former great international power and democracy has kind of sound. britain, let's face it, does have some serious problems.
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i think it does have some serious problems in terms of its own. really, as a result, disinfected from the broader society. more british muslims that have joined up to fight with isis in the british military. they got the broader problem in europe. they are not a member. they do not have quite the refugee problem that the rest of europe has. they are tied to europe. britain is going to be a whole lot worse shape as well. they ought to be focusing on that. not on the leading contender of the republican nomination of the united states. neil: the british prime minister , making sure that muslim women speak english. what do you make of that? >> david cameron has been forward leaning on identifying
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and naming the problem. tradition muslims of the second and third generation are not integrating into british society. neil: in the words of donald trump, etc., etc. >> it is, of course, surprising. taking this opportunity of donald trump to demonstrate how tolerant and open-minded he, in fact is. somehow, it is different. >> thank you very, very much. neil: trying to cover up for his country. we will be talking about real threats.
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neil: there is an emergency water situation going on in flint, michigan. connell mcshane with the very latest. connell: president obama president obama has now declared a state of emergency. you are right. there is back and forth politically. water there, you know, the water source they are has been an issue for some time. people exposed to lead poisoning
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because of the dirty water, essentially. they switch water sources some time ago. this was in the spring of 2014. now, it is coming through corroded pipes. that is how the bath water got into flint michigan. from there, the politics out of work their way into this. it is gathering people. getting people fired up about this. it came up on a debate last night. you have a majority. the governor is a republican. rick snyder. politicizing this. doing everything we can to get it cleaned up as soon as possible. you will get more of that from the federal government.
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looking at whether any laws were broken. federal prosecutors trying to determine if the other dick they have had in legionnaires disease neil: why did they make the switch? connell: they wanted to save money. it was supposed to be to save money. thank you very much. janice dean with the very latest on that. that cold air is reaching as far as the northeast. twenty-two in new york. you factor in what it feels like right now with the wind. very cold.
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minus eight in pittsburgh. taking a look at the temperature and radar. we still have our relatively warm great lakes cold air. it will bring lake effect snow. here are some of the forecast models. over a foot of snow. now, watch the temperatures. they will moderate this week. heading into wednesday. however, something that we are watching. it will be with the coastal storm. a very impactful storm with some computer models forecasting over a foot for some of the big cities along the northeast coast. i am sure you will be seeing a lot of me over the next couple
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of days. >> making this storm come friday. they would rather not take that. >> i rather not take back control. i will see what i can do. neil: that sounds like an empty promise. you either are too generous. >> the only thing i am glad about is you did not introduce me with your accent. neil: what a hateful person ashley webster is. >> he is fooling a lot of people around here. >> he and varney. two ticket fees. you do not see them at the same time.
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>> hairy interesting. >> always a pleasure. thank you very much. all right. we have a lot more coming up. the chinese are really getting exasperated over these markets. they fell under bear market territory. their market is 20% or more. judging from the latest efforts, expected to fall further. what the chinese are missing. after this. ♪ every day you read headlines about businesses
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just blow up like that. it landed just fine. it falls over and blows up. this idea of reusable rocketry. others are convinced. volunteering ashley webster for that. [laughter] i am joking. airbus. joining forces with uber. on-demand helicopter service. >> thank you. debating whether donald trump should go there. >> they have a rule. you have to address it.
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they get up in your face and go after it. >> i do like that. charles: including the prime minister. he goes once a year. let me ask you this. i love ashley, by the way. chinese were repeated repeated attempts to get their market act together. failure upon failure upon failure. the chinese government said the stock market would play a decisive role in allocating resources. that was a major change. that was sort of the weak link.
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this is important to us. hot the quickly, their market rallied 150%. you cannot control markets. they are finding this out the hard way. you can temporarily do this. over the weekend, by the way, they did more things. they are doing everything that they can. i will say this about the chinese. whether it is through federal reserve, through other things like rescuing failed business. that is essentially what they are doing. >> keeping the government out of it. we wrote the book. >> we saved wall street banks. what they are trying to do is have this soft landing. >> it is off in excess. the one thing you learn from this is, you can install a
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selloff, but you cannot hide from it. >> they sold it did they stop people from selling short. they arrested people. january 1 all of those things came off. timber. there she goes. you have to bottle it all up at some point. neil: that is what scares politics. this response with ted cruz. can you see him getting the nomination? >> certain things now. i think you showed that a little bit with the new york response. i knew what ted cruz meant.
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every mexican -- do not know that ted cruz is talking about these of manhattan. represented by barack obama in the white house. now, the social part, social aspect, i do not care about that. water down education. always wealthy. they get the best education. >> in states like iowa. that won't matter. >> it will matter. it will matter everywhere. out of every city in america. why? why? it is the result of these policies. everywhere you look in this
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country, from detroit to washington, d.c. it has been a mess. >> taxes on the rich. bringing it down. double the minimum wage. making being poor more comfortable. that is only help people stay poor. minimum wage. you try to promote to me, higher minimum wage. whatever it takes to climb the ladder of success. you will raise the minimum wage. number six, income inequality. helicopter and hear from them hamptons. single mothers get on a train. work these jobs. people are barely paying their bills.
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it is the progressive elites. i really do not want them. we just cannot take it anymore. this is a nation cracking apart at the seams. >> i know what they are doing. getting sidetracked. charles: they were dealing with this a long time ago. the euro also means you have no borders. financially, economically or physically. it has been failing for a long time. neil: getting everything going. laugh mark. charles: finland. >> he loves history. i am thinking like just yesterday at lunch. thank you very, very much. gas prices are tumbling out. even that out-of-control.
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neil: all right. we have tumbling gas prices. jeff flock. what do you have? >> the temperatures could be a problem. i can tell you that from personal experience. northwest indiana. 153 right now. that is nothing compared to what happened yesterday. a little town in michigan. a gas price war in iraq did yesterday. that out-of-control. $0.47 below. they sold too much gas. they ran out this morning. they reopened. they went up to 176.
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across the street to 1.44. across the street now 1.43. i tell you, it is crazy stuff. people spending a lot of money on gas. you say you drive, you know, 15,000 miles a year. about 25 miles to the gallon. you are saving $1000 over the course of the year. oklahoma is $1.56 on average. the highest at 277. bargains all around. do not get out of control. you will wind up running out of gas. >> why are you so cold? he does not whine about the cold. >> he has more meat on his bones than i do. it is 6 degrees right now. >> you look great.
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thank you very much, my friend. we are looking for connell mcshane as well. never wearing an outfit like that. iran. cheap gas here to stay. what do you think? >> it will stay for a long time, i think. it is chilly. these low gas prices are getting people to go out and buy things. right now, we have iran about to come back online. coming back on with a ton of oil. they really could care less what they sell it for. they want to get out of that and, perhaps, stop paying for it. a million barrels a day right out of the gate. >> right out of the gate. how soon? >> almost immediately.
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300 working wells right now. a lot of the infrastructure is jim edged from years of being shut down. possibly 1 million barrels a day pretty much right away. that way all that they already have store that is costing them money every day, will be coming back on the market extremely soon. that is good news for short term. bad news for the energy companies here. losing about $10 billion a day. we have bpa. laying off 4000 people. i expect we will hear more of these layoffs and announcements soon. neil: lower. where are you on this? >> i have to tell you, i am very bearish right now. they have every reason to dump that oil. i think our next stop is around
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22-23. below that, we see 1850. that is extreme. at some point, opec has to get their act together. talking about russia in the others. that could be a long way off. they want to sell this oil no matter what. we really do not have a collegian. we do not have the power over iran as we used to. a real problem between the two countries there. we do not see opec getting there act together anytime soon. neil: what about gas prices? >> we are seeing 150 in some states. at some point, we have to figure in the taxes. overall, we will probably see cheaper gas prices. cheaper in general. good news for consumers short
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term. neil: some are calling this a swap deal. among them, a u.s. minister. they are coming home. frozen assets. north carolina. joining us on the phone. the release of this. whatever the means by which we got these guys out, it was not to sneaky or just obnoxious. it is good to be coming home. are you in that camp? >> absolutely. we work on this for several gears. it has been a lot of time for that family. we care about the other families, two. there are people that have been
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through ruthless torture. isolation. the time right now that they are going through, it is so important. this is a spectacular hospital. it is outside of the u.s. gifted people. psychological health. it will take that. this will be a long journey. did they ever explain, congressman, why they were hanging onto all these guys? bottom line, they knew it was part of the deal here. has it always been the works? >> is the day: to dance? i do not believe that there is a coincidence and politics.
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you know, it just happens. we just are not really good negotiators. the time that we committed for 60 months 16 months was a precondition to cut the negotiating table. hey, we have three people there. it was desperate will be committed this. that would have been the time that we could have done it. the last couple of years, i wish we could trade it. they are spectacular and what they have done. >> they have these guys home. this is a kind of deal in terrorist organizations. nabbing more americans. >> exactly. the price tag is on their head. no doubt about it. releasing seven prisoners. a criminal background.
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involved in financing. these people were criminals. the trade-off here is, yes, we got them. there is going to be an outcome in the future. i think that it will be counterproductive. neil: congressman, thank you very much. thank you very, very much. you have heard a great deal about this trompe and cruise. native born american citizen. there was something else in that tip. and they have changed the needle. it might. just might have been possible. in fact, maybe even inevitable. we will tell you what that was and is after this. ♪
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neil: all right. that back and forth between donald trump and senator ted cruz move anything? change anything? let's go to -- what do you think, vince? >> i think, honestly, anyone watching that debate will see it as good as anybody. i think that ted cruz got decimated. it shocks me, actually, that ted cruz did not see this coming. neil: he would have had to known all angles that trump would have gotten responding to it. >> exactly. you want to talk about new york
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values. donald trump has been using this defense leading up to the debate. again, i think that ted cruz should have categorically jump in and say we all remember the values after 9/11. he got hit by a two by four. look at this guy on stage. he got stunned into silence. when was the last time we saw ted cruz not talk? neil: i, like you, maybe we should run away from that, a moment in this debate. listen. >> i think most people know exactly what new york values are. >> i am from new york. >> you are from new york? you might not. >> when the world trade center came down, i saw something that no place on earth could have handled more beautifully, more
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humanly then new york. we rebuilt downtown. everybody in the world watched and everybody in the world love new york. i have to tell you, that was a very insulting statement that he made. neil: a lot of people said, well, ted cruz knew what he was saying and still knows what he is saying and still is trying to influence iowans and those in southern states. may not share that robust view with new yorkers. >> i think ted cruz before that exchange actually had a decent argument. they do not really identify. yes, new yorkers are often liberal. i do not identify with that. i think donald trump disarmed them. he used 9/11, i the way, i think he used it appropriately in a debate.
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we have used it two times before. an attempt to sort of defense himself. he remembers helping the victims of 9/11. hillary clinton used it to defend her relationship with wall street pared i think donald trump did it very successfully. i am alluding to the best in america values. ask any american. when was the time that you thought americans exhibited the finest of american values. that was unbelievable. neil: and unbelievable exchange. the dirty water implant michigan. the backlash over that dirty water. connell mcshane with more on that. connell: it has become a big clinical story. the president state of emergency over there. the big celebrity involvement. getting involved being partnered up with a water company. they are sending autos open
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water to flint, michigan. being trucked into the city starting today. she tweeted out that other celebrities should follow her lead and do the same. speaking of tweets, look at these. speaking of politicizing the event. share made the decision to give people poisoned water. wtf is going on with power -- governor schneider of michigan. she went on using it has to pay. firing squad works for me. that is about as political as it gets. share is also helping out. >> i'm sure she would say the same thing. wtf.
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this is coming from ashley webster. all rise. okay. right now we have connell mcshane. did i tell you about my hotel? connell mcshane here. this is like the whole soccer situation. concerns that they were breaking matches. >> this has become a big story. there is a lot of match fixing going on in the tennis world. concerned about this for years. they say it is the easiest board to fix. you and i play each other. it is just a racket in a ball. it is not that hard to do. organized crime they have looked into it years ago. they found that the people they
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suspected were not guilty. they were overlooking some key details they are. it is interesting. they did not name names. eight suspected players currently in the open. they were suspected to be open. they said that they cannot really prove. they can just prove that they are suspected. connell: right. they will not say. they cannot prove it. what is interesting. djokovic, one of the best known tennis players of all, says he had been offered, really? what were your choices? >> he came out today. he was talking about this over there. he said he was offered 600 grand. that adds credence to the
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reports that some of these other people may have accepted that. he has made tens of millions of dollars. he would not have said -- maybe it is somebody else who makes far less money. blackeye. neil: have you ever watched a tennis match? connell: it is a large part of it. neil: yeah. that is all of them. connell: i think so. yeah. you know me. connell: as far as i know. neil: i want to get your take on something i saw. ashley webster and jeff flock.
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was it last week or the week before? it was fairly cold. you did not dress like this. that is what i am saying. at a gas station, no less. connell: it looks like he is freezing. poor guy. neil went along with his interview. we will get to you after this commercial. [laughter] neil: all right. thank you, buddy. good seeing you. i learned so much. what is the guys name? connell: very good, neil. neil: we have a lot more coming up here. donald trump. they need us a lot more than we need them. the world is coming to his view on this.
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and now making a play for $2 billion worldwide. that's fine. i know you're making a play for two billion. no guarranty you make it because took this long to make a billion. may the force be with you. and may the force be with you, and good force if you have a wireless router because apparently that is a target of hackers. if you have a wireless router at home, whichs many of you fellow tech enthusiasts know, routs technology -- is that what it does. >> wireless. neil: wireless, sure. anyway, it can be hacked. i don't know why, like, my young staff is reminding me it's a big deal. i thought everything was hackable. has this not been hacked before, ralph or do you know or care? oh, it is even more wireless routers. thank you ralph, just back from our gitmo compound. gerri willis meanwhile on another story that's involving china.
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china, a lot of people say they're behind a lot of these attacks, who knows. we know, gerri knows we're getting a lot more cars from them, specifically cadillacs right? explain. reporter: right, the ct-6. this is plug-in suv the folks at gm will be making. to their credit, 90% of the vehicles will be made in china. they will make that vehicle in china. this means less than one in five vehicles gm makes will be made right here in the u.s. of a. do american workers have the capability, capacity to make these vehicleses? of course they do. they're already making gas engine version of this particular vehicle. remember, g. in we bailed them out to the tune of $51 billion. the president cites it as one of the biggest achievements as president. here we are, the vehicle will be made in china, overseas. we're not making it here in the usa. keep in mind the importance of auto industry. one out of 22 jobs can be linked
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to the auto industry. think about that. you're seeing the car right here. too bad it will not be made here. won't be contributing to our economy through wages and salaries directly of the people making it. i don't know about you, neil, but, that's not too satisfying. neil: well, we'll see. a lot of consumers, it is a little weird who would have thunk you're getting a cadillac made in china. gerri, thank you very much. just proves maybe donald trump is right whether he says when it comes to basic iconic symbols in americana, we are losing some of our prestige to say nothing of a trade war with china. jim, he joins us right now. his argument, donald trump's argument, first back and forth whether they should get a 45% tariff, somebody we would pay on chinese goods, he dialed that back a little bit but he did foster debate whether, wait a minute, the chinese are running circles around us and we should do something. is this that answer?
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>> no, it's not that answer and the reason is, first of all if you start a tariff war, that will mean a lot of lost jobs in the united states. that's just a bad idea. everybody loses in tariff war. secondly he talks about china nip lating the currency. guess what, europe manipulates their currency, ecb. london manipulates its currency. japan manipulates its currency. in united states we wrote the book on it. you can't complain about that. cyber theft? absolutely you should complain about that. piracy? absolutely you should complain about that. this business about making cars is a lot trickier than that. gm has to sale cars. one in 22 are related to auto industry, they need to stay employed. they need to sell cars and they need competitive prices of the might mean you might have to make some cars in mexico and some in china. globalization is not a bad thing. just these issues, piracy and
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cyber theft. these are things we need to go after china on. neil: one of the things he raised, i noticed it triggered another debate within the debate last week on fox business, this idea maybe donald is right about this much, we were always on defense with the chinese. maybe beholden to them because they own so much of our debt, like he reminded people in the audience with them and with me, reason they have the advantage we keep buying a lot of stuff from them. we shouldn't be on defense. we have to let them know they need us than we more than we need them. what do you think of that basic posture? >> i like that basic posture and i think we need to use more of that in negotiating but going off on a tariff war is not the right way to do it. now, they do a lot of things that they shouldn't do. they subsidize industries. then they send these goods over here as loss leaders. that is a bad thing. those are the kinds of things we need to stop. but doesn't need to start with tariffs. it needs to start with heavy
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negotiations of the might it end up in a tariff war? possibly, you don't want to lead with that. you don't want to go there. it will cost consumers a lot of money and jobs here in the united states if we do that. neil: do you get a sense when our markets reopen by the way when you have here, follow the asian spillover extending to middle east earn markets down precipitously on iran thing and iran oil will lead to a crash in oil prices? in other words we pick up selling that already ensued? >> probably so but it's all about oil. i mean these asian markets are a concern but if you look at market volatility you tie it directly to oil. later this year we'll see fall i don't off on u.s. production and libya bringing oil on market and iraq has ramped up production. global oil inventories will remain high.
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this will be hanging over the market at least for another six months until we start to see the inventories start to chip away. this will be an issue and create a lot of mark volatility. i think u.s. market is oversold. a lot of factors led to selling on friday. i think we'll stablize. unless oil stablizes it is going to be a volatile summer for us. neil: thank you, my friend. always good seeing you. jim lecamp,ubs investments. we talked about donald trump earlier. he upped the ante with ted cruz. he says the guy is not likeable. he says everyone hates ted. is he going a little too far? after this.
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reporter: time now for your fox business brief. wall street will be back to work tomorrow. netflix is one of the companies that a lot of people are watching. it reports earnings in the afternoon tomorrow. stock was one of the high-flyers off 9% to start off 2016. we're watching global subscriber count. do they add subscribers to more competition in the marketplace. a lot of people want to know what is next for netflix. answer could be more children's programing. more children's programing. instead of 15 family-friendly series, they could up that to 35. have you heard about this, fuller house? rememberful house from the '90s.
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seems like bad grammar. "full house" on "nickelodeon." i hope she doesn't watch "house of cards." i do. that is for the adults. netflix, earnings tomorrow. we'll see. get it back on track. h neil back in a moment. being hacked, emails compromised, and intellectual property being stolen. that is cyber-crime, and it affects each and every one of us. microsoft created the digital crimes unit to investigate and fight cyber crime. we use the microsoft cloud to visualize information, so we can track down the criminals. using our advanced analytics tools, analysis that used to take days to run, we can now see in real time. and we're building what we learn back into the cloud to make people and organizations safer. when it comes to the cloud, trust and security are paramount.
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barrel. none of this should be a fox news alert to opec members including u.a.e. this day was well-telegraphed. not saying really welcome. it is what it is. telling u.a.e., you will have it deal. meantime donald trump saying when it comes to ted cruz, not very nice. look at this. >> i want to make america great again. i have to get things done. when you have somebody that can't get along with anybody in washington you're not going to get deals done. you get congress, get them together. get everybody together in a room. you cajole. you get along. up dinner. an you make deals. everybody hates ted. it is very tough thing. they all hate him for a lot of reasons but they all hate him. neil: tom delay on all of that. what do you think? of course the former republican leader in the house. i'm wonder something that fair? i'm sure there are some people who think quite highly of senator cruz but what donald trump is saying is, fellow senators of both parties have
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ripped him. is he guy has president you want negotiating with them because they don't like him already? what do you make of that? >> if you're president, they have to deal with you. yeah, there are some that don't like ted cruz standing on principle and trying to do what he promised he would do when he was elected senator. trump needs to come down to texas. there is a lot of people that elected him senator that like him a lot. neil: that's a very good point. you brought into this yourself. you're a controversial figure. lo and behold i'm thinking about you hearing one hillary clinton last night. cue this. >> i will go anywhere to meet with anyone at anytime to find common ground. that's what i did as a first lady when i worked with both democrats and republicans to get the childrens health insurance program. when i worked with tom delay, one of the most partisan of republicans to reform the adoption and foster care system. neil: i think somewhere in there was a compliment.
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but what do you feel about what she was saying? >> well, we did work together on foster care. foster care needs some champions somewhere and we whether working on foster care. i was a foster parent. i reached out to her because i needed bill clinton's signature on a very important bill to get more foster children adopted. yeah, we worked together. neil: you harken back to a time where you can be very tough and strong on your principles but doesn't mean in talking to the other side that you lose any of that but something has happened in this day and age. maybe just nature of the beast. i have seen it under republican presidents, democratic presidents, where the well is so poisoned, you wonder, if anyone can get anything done. what do you think? >> i think it is because everybody is taking all this personally. if you take it personally, it is very hard to work with anybody. if you're working to get ahead
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and move your agenda along, and you're willing to work with anybody, then things start to happen. but, everybody is taking all of this personally. they shouldn't. i mean people has got their views. let's bring them together. let's fight it out on the floor of the house and the senate. you don't have to take it personally. neil: i think that is brilliantly put. i don't want to give away any secrets of the debate but i think some of these debates, we try to police that, may be like professional wrestling, but when lights go down at a break, introducing each other's families, something i saw the at fox business debate last week. made me wonder, maybe all the bravado is for show so when push comes to shove they are willing to work together to push through stuff. maybe they're forced by extremes in their own parties or their own camps they don't reach across. what do you think?
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no well, i must say my advice to the republican candidates is don't make it personal. don't take on personal hits. don't give out personal hits. go after each other's records like crazy. but, stay out of the personal realm. this is something that trump's doing right now that just gives me a sick stomach. when he starts hitting people personally on their looks, on whether they're likeable or not, or they're not a nice person, that is not for trump to decide. that is for voters to decide. neil: tom delay, thank you, former house majority leader out of houston, texas, good seeing you again. >> good seeing, neil. great to be with you. neil: look what is happening across the pond where the debate is still raging. they don't like donald trump. in fact i think it is fair to say speaking of hate that is what they think of one donald trump. his comments on muslims make him persona non grata which is
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is neil: some early polls indicating a needle was moved in last week's big fbn debate, first of the new year. looking back on it, i can kind of see why. take a look. welcome to the sixth republican presidential debate of the 2016 campaign. >> donald on issue of citizenship, donald -- >> big difference. >> on issue of citizenship, donald, i'm not going to use your mother's birth against you. >> because it wouldn't work. let the courts decide. neil: why do you now? why are you raising this issue now? >> because now he is doing a little bit better.
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no, i didn't care before. it's true. no, it's true. hey, look, he never had a chance. now he is doing better. he got probably 4 or 5% chance. [laughter] >> hate to interrupt this episode of "court tv" but the real -- [applause] >> i'm very happy to get a question this early on. i was going to ask you wake me up when the time came. [laughter]. neil: ben carson is with me. i took like a golf cart to get here. he walked and he got here roughly at same time. you must have a stride i don't know what. >> did a reasonable job keeping that rowdy group under control. >> i appreciate you dumping opo research folder on the debate. >> that is your record. >> i would like to interrupt the debate on the floor of the senate to actually answer the question you asked. >> the reason -- you already had your chance, marco. you blew it. here's the thing.
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>> my name was mentioned here, neil, my name was mentioned as well. everybody on this stage is better than hillary clinton. >> neil, i was mentioned too. neil: you were? >> yeah, you said everybody. [laughter] >> here's the thing. i wrote down who had the best points, who made the points. neil: you read these? >> i can. here's the thing. neil: why did you put here neil sucks. how much sleep do you get. >> not much. about four hours. not a lot. neil: i think that is a stretch. >> i don't get much. neil: you don't need isn't. >> i haven't needed it genetically. it was my father perhaps. neil: we were elegant last time. we weren't elephant this time -- elegant? >> you were elegant. neil: i like that. >> i tend to do well better than expected in early states. that is not hard to do. i've basically been written off. neil: you said at one point that is very liberating. >> absolutely it is. neil: how so? >> we're doing better than what everybody thinks. neil: first time i've seen in you, sir, a little bit of anger.
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>> maybe i'm getting better. neil: so are you angry? >> i'm not remotely angry. three four weeks ago, just about every candidate on that stage was attacking donald trump. today just about every candidate on that stage is attacking me. neil: you get sick of hearing this and -- >> i don't know, you can't offend me, neil. come on. neil: everyone says if this guy doesn't pull it off, everyone's number one choice for number two, running mate. ohio, great record. maybe not number one guy. >> if i'm not number one, i don't even want to discuss it. no, i'm not interested in that. >> most social moment on facebook, ted cruz saying i'm not taking legal advice from donald trump, neil. neil: did they say anything about me? >> yeah. they loved you, neil. neil: you're lying to me. >> i know. i have all the data. i know. neil: they haven't mentioned me at all. first presidential debate of this new year is now history. now, what history remains to be made. stick around.
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he ran for senate saying he opposed amnesty... then he flipped, and worked with liberal chuck schumer to co-author the path to citizenship bill. he threatened to vote against it. and then voted for it. he supported his own dream act and then he abandoned it. marco rubio. just another washington politician you can't trust. jeb bush. he's a leader, so you always know where he stands. right to rise usa is responsible for the content of this message.
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.... >> we do have a news alert here on some information coming in. the national guard is now moving into flint. they are handing out bottles of water and bottle filters and the like. in the city of flint. they arrived after president obama declared the state of emergency there. it water crisis in flint,
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michigan. it has created one problem after another. even the test done on local children. showing elevated levels of lead in their blood. there was the filmmaker michael morgan getting involved in protests. >> man, oh man. strange inheritance is back. the white house edition. airing tonight. jamie colby, extraordinary host, joining us right now. >> everybody wants a piece of the white house. the family from new england had this piece of wood it plaster in the attic for over 100 years. they did not really know what it was.
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we came in and we learned learn that by having a pain analysis, actually a piece of the white house. pennsylvania avenue. saw it on the lawn. bulletproof. crashproof. it is very delicate. i walked in and i could not believe it. it was rebuilt. this was a piece. a patent analyst went to 17 layers of paint and matched every single one of them with a white house expert. it is the real deal. showing me this picture. it was a white and then read and then solid gold. you have to look at the candidates now and wonder what color they would paint.
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neil: i am thinking that, too. how do they verify this? i know you have done this in other episodes. you have to separate the wheat. >> we see a lot of trash before we find treasure. it clearly was from the appropriate time. having the white house expert who has written a definitive book tell us that this is it, went up for auction in boston. it was bought by a bu are from fox that's all a little preliminary peace about it. they actually took it home with them. it is owned and appreciated. that piece of history moves on.
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going out and meeting these families. people are checking their attics. i am loving going out and ringing these new episodes on monday nights. our viewers at fox business. neil: i worry for you as a friend and colleague when some dude invites you into his basement. what? >> if anything happens, i can call you at a moments notice and you can come rescue me. neil: -- >> two episodes tonight, neil. >> a lot of people do not realize. right in their own home. just make sure you have company. jamie. good seeing you. happy new year. >> in the meantime, the hearing is still going on.
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banning donald trump. more important things to do. >> not even attempt to try to replicate your english accent. it is so much better than i could ever do. >> we are watching that story, for sure. three americans are reunited with their loved ones after being released from an iranian prison. believed to have been kidnapped. i am trish regan. welcome, everyone, to the intelligence report. they are all said to be reunited with their families. they were part of a deal. both sanctions on the country. we confront new headlines today.
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