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tv   Cavuto Coast to Coast  FOX Business  April 8, 2016 12:00pm-2:01pm EDT

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tammy, thanks for being with us. our time is up. neil: stuart, thank you very much. we're getting new developments now on this paris taker who might, in fact -- attacker who might be the terror suspect believed to have been that guy in the hat in that brussels airport scene, the one who was later identified walking around the streets. they had about eight minutes of video of him sorofof perusing around the streets after leaving the brussels airport. if true and that is the guy, that is a very, very big deal. we'll give you the latest on that. in the meantime, let's take a look at what's happening on the corner of wall and broad. big selloff, the stay day is still young though. all of this in the face of new regulations the president wants to ready for the financial
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neil: charles payne, mcedes schlapp. mercedes, what do you make of this? well, i've got to tell you, it's like the invasion of the regulation overkill in our country. i mean, it's the fact that with all these regularringlations coming in -- regulations coming in, it really makes businesses feel very uncertain. theye scared. they want to comply, but at the same time they realize that the economic impact could lead to more layoffs, and it impacts these businesses, especially the small business owners that are all trying to figure this out while obama decides thathis is going to be his legacy for the remainder of the year. neil: you know, jonas, when you lo at this, what always amazes me about this stuff is, you know, you can do it, a president can do it, agencies can go ahead
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and submit these regulations, and they're very hard to reverse. but i've seen it under a lot of administrations, but it really picked up the pace with this one, and they're very hard to roll back. >> yeah. well, because he hass less support from congress to do it, let's say, the more oicial way of doing regulalatory changes. there's definitelely been a lotf burdens for particularly -- i'm going to go with one thing connell said, which is the ria one. right now you you can sell golda balloons with hardly any oversight. if you're a stockbroker, you've got a little more regulation, but not that many. you don't need to show the commission necessarily. an investment adviser has even more relation, so they're kind of leveling a bad regulatory playing field. that is a good thing, but it creates unintended consequences. one of the reasons you can take a small client is high fees, and a lot of clients won't ha a
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place to go because brokers won't want to deal with it. a few field like robo advisers, perhaps, and they can afford to meet the gher bar and the standards. smaller businesses can't air ford it, they cut loose -- affordit. again, that's the b side and thegood side to some of these regulations. come of them like the added sugar disclosure, it does cost money, it probably has more benefits to society than negatives, but some of these other ones, i think they cause a lot of problems and actually have unintended consequences. neil: on the sugar thing, i've got to tell you, jonas, i'm for more. [laughter] >> don't tell my kids that. >> you're going to be able to -- neil, you can use it to find the food you're going to like more. neil: i understand. charles payne now as an investor and you have to invest be on behalf of your clients, this is thee kind of stuff that i imagie gives them paus or does it? >> well, jonas makes a great point about the unintended --
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neil: don't encourage him. >> i know. i try to do it once a year. but if you add up the regulations that cost business $100 million or more, the point has been made, president obama 439, shattering all records. someone has to ultimately pay for them. i personally think sugar labeling on cranberry juic is petty. i think basilica stuff is sort of ridiculous. the president's pushing most o f these things through before may 17th because after that congress can try to interervene. so be ready for an avalanche. we're already at 24,000 new regs since president obama came into office. it's made things harder. you see how our economy is limping along, how the wheels of congress are grinding virtually to a halt. and a lot of this stuff is a punitive war on capitalism than smart stuff or wasteful bureaucracy. just another level of red tape that helps no one, particularly the small business, the small investor and society. neil: happening on there, guys. we've got a quick readn wall
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street. i'm wondering, nicole, on the floor of the new york stock exchange whether any of this is the kind of stuff that concerns the folks you talk to. wait a minute, you know, the street's getting a little concerned that the administration or government in general is once again getting a littttle too involved? >> that's a regular conversrsatn here probably every single day of the week,verregulation is something that nobody on wall street wants. and you havave jamieimon today from jpmorgan giving a long-term projection of recession unless some of the policie chang long term something's gotta give, and that means overregulation or other policies that are in place that are hurtful to our economy. neil: right now we're coming off our highs, but shape of the week, how are we looking right now on the weeksome. >> well, for the highs today we were over 150 points today. we turned positive for thhe s&p 500 for the year, so this week dow is down 1%. the nasdaq and the s&p also. but the shining star today is
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energy. oil moved up to $39.84. it is a atop the $39 mark, it's at a one week high, seven of the last eight weeks well off that $26 we saw in january, and the traders give two reasons. one, the rumors that kuwait and saudi arabia are willing to do a freeze despite iran and, two, summer'ss coming. that's usually a positive for oil as well. neil: all right. there is that little detail. nicole, thank you very much. out of curiosity, can we go back to nicole? for that financial,hich is outstanding -- >> i'm sorry, i wasn't able to hear. >> i'm talking about your five a.m. show a what time do y get up? >> i wake unusually just before two a.m. neil: it's a very good show. you don't show any worse for the wear. but i was curious about that. >> thanks, neil. we appreciate it. neil: five a.m., you can't miss it. it's a good overlay of how everything's going off. not just wall street, main treet, the whole debob. and if you're looking for it on another business channel, good
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luck. [laughter] w back to charles, jonas, mercedes. mercedes onon this issue that wl stree you know, if you think about it, it's merrily gone its own way despite all these fears that government's getting overinvolved. but i have another theory on it. it likes when the government gets involved it likes when the government bails itself out or provides virtually ze interest rates, free money. it has become the biggest benefactor of all that government stuff. whaat do you think? >> it really has. but when you look at where americans are, 69% of americans believeve that the big governmet is o one of the biggest threats that we have in our country. so it really is that separation between wallll street and main street. and i think that becomes sort of the risky business that wall street gets into. and is one of the reasons why we're seeing, for example, in the political campaigns this tape for bernie sanders that wall street sort of serves its evil purpose, and it really plays in well with that narrative of saying is wall street looking out for, you
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know, the average american? >> you know -- neil: go ahead. >> i love this point, i love this topic, and i always urge people to make sure they differentiate wall street, that place in lower manhattan where the billionres helicopter in to work and investing in se a cracker barrel that you and your family eat at twice a week. bernie sanders was very shrewd, he could not have picked a better target, because he picked ge which is the poster child for crony capitalism. big government, washington, d.c., wall street just back d forth where the feed each other, feed each other, feeeed each other at the expense of main street. so i tnk mercedes 100% correct. unfortunatelyly, a lot of times they've resisted in being investors in great american businesses that really have nothing to do with it. neil: jonas, i'll end on this note with you, we've all kindof gotten used to being at the government trough, right? wall street in particular, banks, wall street institutions. >> i would think financial
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services is probably theost, benefits the mo from government regulations and complexity. there's also winners like tesla which probabl wouldn't exist without regulations. but when you're talkingbout, like, the whole tax preparation business, it's because o comexity. how about all the offshore companies setting up ways to dodge taxes here in panama that we're seeing now? all the wall street merger deals, tax versions of fees earned on that. all this is around regulations. and they have the brain power and the wealth to work around t, so they get moreusiness from those -- they ve to outsource tt sporkts essentiay, to investment bankers, at a are high level. i'm not talkinabout individuals or small businesses. i would y it's a boon to the -- and then they get t backstop of the federal reserve and the gornment bailout. it's win/win all around. i don't see where that industry is really hurt by, you you know, regulations some ways. andspecially if they clamp down on questionable, like, you now, people that aren't iras, that's really where the money is being managed.
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that benefits wall street as well, shift eerybody towards that way. they're investin behind a lot of these start-up advisers that are software sed, so i don't see the area of losing other than if bernie sanders wins. neil: which apparently is your dream, i guess, right? [l[laughter] guys, thank you all very, very much. meanwhile, i is one thing when these black live protesters sort of go after candidates. it is quite another when someone like bill clinton goes after them. ♪ ♪
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thank you. ordering chinese food is a very predictable experience. i order b14. i get b14. no surprises. buying business internet, on the other hand, can be a roller coaster white knuckle thrill ride. you're promised one speed. but do you consistently get it? you do with comcast business. it's reliable. just like kung pao fish. thank you, ping. reliably fast internet starts at $59.95 a month. comcast business. built for business. >> whoa, whoa, whoa, whoa. no, wawait, wait, i want to -- i don know how you would characterize the gangng leaders
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who got 13-year-old kids hopped up on crack ask sent them out onto the street to murder other african-american childre maybe you thought they were good citizens. she didn't. she didn't. [cheers and applause] you are defending the people who killed the lives you say matter. tell the truth. neil: you know, i think that is how you handle black lives matters crowd. those are the same ones who hop up on stages and intimidate candidates, includuding bernie sanders when they got within inches of him, and have done the same to hillary clinton. bill clinton saying simply enough is enough, and he's getting bipartisan praise on the left and the right for how he put them in their place. to basisil michaels right now on what faallout this could have fr his wife. what do you think? >> you know, i don't know if it's going to have a huge or any significant effect on hillary's race for the presidency in part because if you remember, about a
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year ago when she first started running, one of her f first speeches she talked about, i think it was at columbbia university, she talked about the issue of mass incarceration, and she's talked about the role that some of the legislation over the last 40, 50 years -- neil: i understand all that, basil, but she's not been effective at countering or directly getting in the face of some of these black lives matter crowd that are just certifiable. not all, i'm just saying the ones who rant and rave, they don't say anything, they just disrupt events. they don't want to hear any other point of view. and bill clinton, that's what i'm talking about. >> well, no be, i mean, i understand what you're saying. i don't think that they're certifiable, per se. they raise legitimate concerns -- neil: oh, come on, you wouldn't jump on a podium of a presidential candidate? >> would i do that? no, but protest is the rich
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history of our country. look, it may not be a choice i would make, but there are other people making this choice. the question is, isheir issue legitimate, and i do think it should be part of t the discour. neil: here's what doesn't make sense, basil. i love yoyou to deat you're a great guest -- [laughter] but typically on the left bashing all the not only protests, but the treatment of protesters. let's say donald t trump events. not a word, not a whisper about how some of these black lives matter crowd act up. many of them are very good, and the message is disrupted by some of their more, you know, divisive disrupters. >> well, you know, i think the issue with the concerns about the protest's on the right -- protests on the right, particularly the trump rally, i think that's where you're hearing a lot of the left talking about it -- neil: not anyone on the left talking about black lives matters destroying their mission. their treatment, their message. >> but i haven't seen black lives matter protesters punching
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people out -- neil: no, you know, you're right. i've just seen them get on the dais with a presidential candidate, scare theell out of them and get the -- >> i've seen it at trump ralliis too. neil: listen. i'm just saying faiis fair. if you're goi to rip onene candidate's protesters or onee party'y's, which is fair game, i think it's fair game, then i think you should say t same about this. and i think an incident like this with bill clilinton, taking them on just saying, look, if you want toebate, i'm ready for a debate. you want a discussion, i'm ready for a discussion. i think on the left and right we could use more of that. >> well, i will tell you if it's just having a debate and discussion, i t think we can boh agree there. we've stated the issues and the policies -- neil: so you're against groups shouting down. >> no, i'm not against that. protest is a rich tradition in this country. neil: no, no, no. i understand protests are a rich tradition, but you have to admit they go too far. >> no, i can't admit they go too far. neil: bill clinton called them out on it. >> they're raising legitimate concerns.
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neil: you don't believe a word of it, i know it. [laughter] >> i do. neil: you're a smart guy, and you would not prescribe maniac behavior. >> i wouldn't say it's maniac behavior. neil: i would. >> no, i'll say this, though. i'll say what they're conrned about with respect to the clinton administration is part of 50, 60 years of legislationon that has taken a lot of african-american men of the reet and out of their neighborhoods so that they can't be with their families. that, i think, is a real policy issue we need to address -- neil: no one did more for those people, believe me, no political axe to grind here. no one did more more that community than bill clinton. >> oh, i could -- neil: he actually said he was the nation's first black president. if memory serves. [laughter] >> well, until an actual black president came along. neil: i hear ya. >> he has done a lot, look, i can argue that point all day, and maybe that's another conversation. but he has done a lot for communities of color as i think his administration has, and that's what hillary's talking about on the trail.
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neil: all right. be well, my friend. it's always good seeing you. >> thank you. neil: meanwhile, the latest on what's happening in buss excels the capture of what they think was the final linchpin. remember all the cameras of him on the street? they think they got him. this is where all those cameras that you always see everywhere might have done the trick. the pursuit of healthier. it begins from the second we're born. because, healthier doesn't happen all by itself. it needs to be earned every day. using wellness to keep away illness. and lieving a single life can be made better by millions of others. as a health services and innovation company optum powers modern healthcare by connecting every part of it. so while the world keeps searching for healthier we're here to make healthier happen.
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neil: all right. the things you can find out by looking at street video. i'll let connell mcshane explain. >> well, they got this guy, they believe the guy in the hat, muhammad a britainny overseas, and it is surveillanance video after the belgian attacks. it was a two minute video, he goes down n into a neighborhood, eventually ends up in brussels. you see him crossing thehe stret this. that's the light jacket, the dark hat. we had previously s seen the photos of this guy pushiing a cart in the airport itself right before the attack standiding net to the two suicide bombers.
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we also have live pictures coming out of a neighborhood that brussels where we believe an arrest has just been made today. multiple organizations are reporting he has been arrested many brussels. this is a guy that was an accomplice they think not only in the brussels attacks -- there he is -- but in the paris attacks as well. so they work off the surveillance video. we don't have all the pieces together yet, but the surveillance video comes out yesterday. they piece it togetherer and edt it together, next thing you know this guy, apparently -- and reportedly -- has been cptur. this would be a bigone for the authorities over there. neil: okkay, connell. thank you very much. you know, it's one thining when the candidates go back and forth with each other, trump-cruz, trump-cruz. n all of a sudden yove got john kasich going after cruz, and cruz is now fighting, in fact, it's getting dark and ominous. [laughter] very, very ominous political
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ted cruz h been busy. also raising money. the latest financial tickets we are getting. a funny way of showing it. >> hi there, neil. his campaign, a little while ago reporting a take of 12 and a half million dollars for the month of march. a quarter million supporters. this is certainly more fuel for the cruz campaign. however, when you compare that to counterparts on the democratic side, you see that it does not exactly do that they are. twenty-nine and a half million dollars. there you have cruz.
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donald trump is receiving donations. th have yet to report. we will see where they come in. you have cruz past month to date. cruz has suddenly become the focus of john kasich advertising in new york. kasich, his team, released another one today running one online and digitally. trying to persuade new york republicans. she, not cruz, is the one that can beat hillary clinton in a general election matchup. campaigning in new york today. moments away from an event in neighboring connecticut. will host in syracuse later tonight. back to you. stuart: kasich said i am not negative. i am not nancy. i have seen that ad.
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>> really, the last couple weeks here. talkg about this uplifting campaign. talking about ck to back days here. it is certainly a little shift from mr. n nice guy, uplifting spirits in so far, getting up to three, kind of having to dig in. >> that would be le you getting nasty. our right. thank you. talk about another guy that never gets nasty. maybe hehe does. jeff flock. maybe in indiana. thingsgs are are pretty getting nasty. jeff: you may be focused on the new york primaryry. here in indiana, actual voting isis already taking placece. right now, the only place in the u.s. where there is early voting right now.
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this is an interesting state. you have the 26th, the northeast primaries. then comes the indiana primary. this is an important and interesting state. no statewiwide polling done thus far. right next door to indiana is all ohio. a lot of peoplthink that that will be help forim here. i guess that that remains to be unseen. bernie sanders just opened a campaign office. asap i married going on. that is something that will still turn out, they think as well. the early voting, this year, there has been a record number of early voting and places where it's allowed. here in indiana, rad well underway. neil: we are always focused on
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the nastiness on the right. a bipartisan bit of bashi. particularly from thdemocratic side. remember when bernie sande sa that hillary clinton was not qualified to be president of the united dates? dialed that one back, kind of. >> i think that bernie sanders, this is a very difficult time for hillary clinton to go on the attack. i do think that she started this fight. now you have the pope coming to bernie's defense. speaking about a moral, how to build a moral economy. i just love this. ople last fall were worried aboua coronation for hillary clinton. this is democry in action. new poll showing that bernie sanders is within two points of hillary clinton in a national poll.
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who could have expected this? the democratic establishnt could not have rejected this race. most sites, washington is having a hard time controlling either side of this race. this is really democracy in action. sanders winning seven out of the last eight by mary's and caucuses. >> i understand what you are saying. play this pope thing out for me. this came out of the blue. it was not sanders. it was the pope singling him out. that is pretty advert leap political. >> a little bit of politics, as we know. bernie sanders says that he really likes this pope. it seems to me, that this was in the works for some time. interesting timing for bernie sands. you have hillary clinton going after m for being sort of
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unqualified. him hitting back on her. dialing it back little bit. what i thoht he meant about those comments, a better way to say that is she is unfit. you have the ethics charges against her. on the left, it seems like she does not want the anti-wall street folks. she does n believe that ey have a legitimate voice in this party. well, actually, they are showing that they do. who could haveve expected the 74-year-old to be gaining? he is authentic. that is the thing. >> a 74-year-old jewish senator. so the other day, i was talking to the pope -- [laughter] right. neil: thank you very much, susan. have a safe weekend. >> my pleasure.
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also focused on the healthcare changes. 12 million to 60 millionore people have insurance. the other argument is of course, it you are paying a lot more premiums for their privilege of getting that coverage. perhaps both sides, cyber attacks. health care exchanges that could be exposing all of your formation. whether you are involved in the same or not. ♪
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♪ nicole: i am nicole petallides with your fox business brief. the dow jones industri average. over 150 points. average e is down more than 1%. the dow is up 48. one the groups doing well today is energy. getting close to thahat $40 a barrel m those are all winners on the s&p 500. valley and is one that we are watching. e company is n not -- however, there are reports that they are selling non-assets. very volatile. down over 80%.sked a g
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certainly beaten down no doubt. start your day right here on for business 5:00 a.m. there is more cavuto coast-to-coast. ♪
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neil: here is the good news on this health care plan. up to 16 million people that did not have it now have it. millions more are paying for their pvilege. we have a littttle problem here, folks. exposed information. cyber attacks.
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>> good to see you. here is what is going on. there healthcare insurance exchanges are having trouble. cyber security weaknesses, as you just said. unauthorized access. disclosure of data and information. finding big problems with these websites. what is going on here? the gal only studied her he states. california, kentucky and for mom. you can bet that the other states have problems as well. the only reason we know this information is the freedom of information act giving the names of the states. no comment about this. california, kentucky has said that no one has been hurt. no onene has been hurt.
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they are on the way. here is what is teresting with kentucky in particular. turning everyone over to healthcare.gov. it is too expensive to run. the g8 zero also found problems with the federal government's healthcare exchange website. healthcare.gov. a hundred 16 security file a share and. there is really no safe place to turn on these websites. not the state sites. big problem. really. a lack of follow-through with the states. neil: for those hearing this, maybe it will go away. gerri, thank you very much. gerri willilis. the craziness gog on. time.. yes.
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of your retirement today! >> back by popular demand. i love this thing. when you get them together, you just want to reach and say that is the way to do it. [laughter] we have charlie gasparino. you see that guy next to him. there will be no touching the other guys.
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first off, we are getting reports that a lot of young people, we heard, are not into marriage. ththe youth of america. trying it on like a suit or a dresess. done very quickly. nnis: that is the point. i was surprised by this. will any all save a lot of money. they have no interest of learning on their jobs. [laughter] this is why china isating our lunch, charlie. they do things long-term. they really do. this worries thehe daylights out of me. i hate to use this as an example. neil: quoting himself. the fining humanness.
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love and work. these guys, these millennial's to not display any love. >> 50% divorce rates. a at least they did love. >> look at what happened to demi moore. hot older lady. >> you to fall. >> a piece of garbage millenal. neil: all right. longer relationships. >> all types of institutions. >> cynical about complex.
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>> he devalued the contents of permanence. zero zend ones. virtual reality. wonderful kids. ththey are a lot younger. how will you prevent them from getting so detached? >> keep them off cyberspace e as much as possible. monitor it. limit it. >> here is where millennial's god, here is why they are so weak. >> going to e drugstore. okay, sportsllustrated. national geographic. playboy.
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>> internet corn. neil: young people say that they do n g it. it is not fair. i can remember you in your younger days. >> this is why this country is falling apart. we do not have long-term thinking. where is the apollo program? where is thehe interstate highw? think long-term. look at who we have running for president. >> you can get anything. you have to work for that. >> you guys are so unfair to millennial's. >> vernie sanders went to the millennial vote eight-one. >> bernie sanders is winning their votes. >> a are young.
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>> ernie appeals to the society. education, health care. >> that is an issue with bernie sanders, not millennial's. economic policy. >> the best part of that. prior to becoming bernie sanders. >> do not know. i did not pick one up. >> i do not know about that. imagine what our parents and grandparents said. the generation before. how w many of us were worried abouout connell mcshane coming here?
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he turned out to be great. turned out to be great. i did not know. >> i have to pick up some bernie corn today. [laughter] what we are saying about young people like you. people of that notion. you are shallow. connell: i i know. i am not necessarily going to do that. gasparino has seen the show. that knowledge about pornogography. they know how to look itp. very easy. >> you were the first to say, where was that yesterday? you immediately identified him. the mac mike's ellie.
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who is dng that thing ponting all over the map. some people caot focus and pay attention. that was you. >> putting together where connell was. >> connell put it togethe >> watching his twitter feed. three quarters o of his day. >> it really is. they have a serious pblem. not the whole world, neil. it gets back. make it a general point about buying playboys.
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everything is at your fingertips. >> blaming al gore for inventing the internet? >> a high. what do i look like, charlie? bottom line, bottom line. looking at you people not into it. i bet you en all said and done, despite the phenomenon,n,e will see it at still record low numbers.
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why is that? a lack of interest. they see these long-term issues and solutions. bernie sees it start next week. neilevery millennial i have spoken with. the big complaints. quarter to quarter. >> you know what, though, so right and so wrong. >> he is a millennial. he is so good. >> who tnks long-term? >> war in buffet. long-term. >> a lot of kids today. [laughter] >> it was just a joke. >> i thought i made the best
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playbook. >> stick around. ♪
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neil: you keep hearing the negatives on donald trump. seven out of 10 voters do not like him. it does not stop connell. >> three out of 10 are positive. always the glass half-full. it is always that story for donald trump. 70% unfavorable. that is a lot, obviously. other candidates like hillary clinton. ted cruz at 59. 70% is very high for donald trump. that is the bad news. starting to become positive about the states that are on their way.
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beginning, obviously, with new york. looking at our own state here of new york. twenty-seven congressional districts. twenty-seven of them. three delegates for district. the trump campaign looks at the recent polling well above 50% worldwide. they want to capture most, if not all of those districts. then trump can maybe get all of the delegates. they are positive about all of that. they like delaware, they like connecticut. highlighting pennsylvania. talking much more about the math in pennsylvania. out of those 71, 54 are saying not found to a candidate. even on the first ballot. those candidates, up 13 in the
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polls. maybe they do not vote for him at convention. that is a concern. they like the math going forward. even though there are 27 congressional districts in the state of new york, there will be a battle for three delegates per district in the state of california. way too far out to be thinking about kahlo for you. he is the third team. like maryland. like some of these other states coming up. high-end favorables. also a high calendar the next few weeks. >> thank you very much. bernie sanders slamming republicans. >> people of this country understand we are from an enormous crisis. they want them to deal with
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these. certainly, they do not want to have us act like republicans or be an embarrassment for this entire company. >> all right. this comes at a time where "time" magazine is calling out ted cruz. whether he is likable or not. i can go on and on. he laughed. the entire presser in that room laughed. is that fair? is that balance? is that right? there are a lot of pieces that we can put together here. they show quite clearly. >> no question about it, neil. thank you for having me. the questions that are asked of hillary clinton and bernie sanders. paling in comparison. just in general.
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there is no one who has been a greater beneficiary of president obama's recent complaint about the news media not digging enough. asking the tough questions. challenging the accuracy and statements. no better beneficiary then he himself. >> if you want to go with it, i do think that likability is important, if you are going to be so focused on donald trumps on likability, would it kill you to point out that hillary clinton is among the most unlike ever. >> if you go there, fine. >> exactly. not just dislike, but untrustworthy. her numbers are so high on that. it is always emphasized about
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trump and the republicans and how unlikable cruises. it passes over to saturday night live in the evening shows. it is amazing how the scripted network shows. it is pervasive in the media. you have this complaint by obama. two worldviews for people that read the "new york times" and people that read fox news. >> that really bothered me. i read the "new york times." i know a lot of liberals. i think that it is insulting on both counts. >> you are right. a lot of people that get their news from "new york times" and nbc. they believe that this has been a scandal for the
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administration. overlooking the irs. then god the. hillary's e-mails. did she have two e-mail accounts or not? it is a huge national security scandal. neil: exactly. very wise as always. very good seeing you again. one thing, a former warren buffett is second if he had i do not want to get lost in the details. a great deal of integrity and decency. he was talking about the environment today. all of these years. he talked about needing to demand more of our political leaders. we cannot discuss their policy positions. we must not allow to deploy unsubstantiated personal attacks. in other words, what he is
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talking about is returning to something called stability. good to see you. >> did to see you, neil. it has been a tax accused by both sides. i would argue that it started with the confirmation hearings. the best people that we put on the court in my lifetime. here hbo is preparing movies every couple of weeks. you are all on the record. jake they chose the right of script. twenty-five years old. >> they are doing it for an obvious reason. to attack the great american. i think in 91 when they started with this confirmation hearing, the politics and instruction started there. we cannot really argue. we cannot argue with that
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experiences. i guess we have to destroy it. that is what bothers me today. this is an insult to every american. >> it happens all the time. would you be happy with someone lying about that just so they can destroy them? but for 200 years we have been capitalists. it is open and honest. in immediate, to be fair about it. the media for the negative. never dialed back when doing something wrong. guilty of insider trading.
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fully exonerated. did not get a chance to have that. >> when you attack somebody, it's on the page. >> calling the actions at the time. despicable. warren buffet here it he did not even want to see it. >> it is unfortunate. i think it is wrong. politics. distraction. we have real issues facing our country. i will never understand why mr. buffett chose to hurt my family.
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he is still kicking. >> i believe in his higher power. this was something he wrote in response to criticisms. >> never spoken to the day i resigned. >> you will have to ask him that. focus on the negative. never time to step back. >> i learned something from that event. >> there is nothing more painful. when i was exonerated, completely, by the way, all of
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the sudden they called and said i've been meaning to call you. this is horrible. we are really sorry that mr. buffett would do this to you. some people cannot confront conflict. mr. buffett knows why i left work share hathaway. i agreed upon it and shook hands. i resigned. i was leaving. he was offended that i was leaving. why he chose that method to attack me -- i think it does serve your point. if we go for the jugular, you said that there are that hearing transcripts. to presuppose and then to edit
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the kind of presentation that you want takes on the bias that you have. the left would rage if it was done to them. >> think about the issues. a black supreme court nominee. that is the problem. >> this guide. we love the outfit. i made mistakes. everybody made mistakes. really to a critical point here. an article in the journal. a whole new set of regulations. america was built on freedom for the enterprise.
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the justice department shut down a big energy merger. these next few months will be very different. america is exceptional. the founding fathers realized that socialism does not work. has never worked. let them choose. free enterprise. let competition determine outcomes. though welfare system we have today doesn't solve the problem. it is trapping people. why are we talking about that? neither party fixes them. the human kindness goes away when we put a bureaucracy in charge of it. all three tenets of our country are under attack. we have campaigns that are attacking each other for mindless things.
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frankly for personal attacks that are not useful. whose hands are bigger? neil: david, it is always good seeing you. i did not mean to bring all of this other stuff up. ♪ there are two billion people
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show show me more like this. s. show me "previously watched." what's recommended for me. x1 makes it easy to find what blows you away. call or go online and switch to x1. only with xfinity.
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youto get the help you'refar looking for. that's why at xfinity we're opening up more stores closer to you. where you can use all of our latest products and technology. and find out how to get the most out of your service. so when you get home, all you have to do is enjoy it. we're doing everything we can to give you the best experience possible. because we should fit into your life. not the other way around. neil: you you know you are in trouble if you have ever been in debt. still would not come close. i hate to break it to you. that is kind of where we stand as a country. recent magazines.
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talking about this. now, now she is upset. how bad is this? >> it is bad. it has been bad for a long time. there is no special way of that. we do try to keep an eye on the debt and gdp ratio. there is nothing wrong with a little bit. the trouble is they get so huge that it calms to be on resolvable. he will get rid of the hold that in eight years. getting completely on more from reality. neil: i look at some of these numbers. it is kind of an oxymoron, if you think about it. we're now approaching the point.
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through the gdp. up to 300%. >> it is not on payoff of all. >> right. at the same time, you hear candidates say, and, really, anyone well, it really over sympathizes the situation. you have to be serious about deficits. we will deal with the debt. we will not reevaluate our obligations. it is simply not realistic. those two things are not compatible. >> you had the nail on the head, as you often do.
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absolutely slow the growth recovery. can we start there? out of control. one percentage point. it could make a world of difference. we break about that. we have hit a home run. a clip no version. they will cut spending. you should always ask the follow-up question. are you really going to cut spending? those are very different things. there is a substantial difference there. neil: thank you very much. good seeing you again. what is weighing on the corner. turning this into a positive weekend. take a look at what is going on. the way markets have been behaving. oil goes up.
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right now, oil is still up almost 10%. surrendering two thirds of their earlier gains.
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connell: connell mcshane back with your business headlines. yahoo! and verizon. a report that next week verizon will be making a bid for yahoo!. we will see. google is said to be interested. at&t said to be interested as well. will this finally be the time that something gets done with regard to yahoo!? continuing to watch that company today. taking the possibility of selling off. companies denied that. some private equity interest.
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it is a stock and a company that we continue to keep a close eye on. as is netflix today. subscriptions going up. netflix 999 a month. part of that story was if you are in existing customer, you can stay with the standard rate of 799. that is to make ends meet. >> that is not nice. >> not on our watch, connell. >> all right. in the meantime, more information. they think that they got the third attacker. the one guy that got away. they are not sure. shaking his hand. he could break your hand. dennis, always good to see you.
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let's say he is the guy. he is the guy in the video leaving the airport. the guy scene on the street from the surveillance cameras. what does that mean? i have seen so many times that we get the guys. >> that is exactly right. these cells have been operating for a very long time. to be honest, they have been living in the safe havens that exist in brussels. you look at the connection, the guy that was caught today, his brother in theory fighting for one of the paris attackers. you know, one of the childhood friends of his from that brussels neighborhood was another attacker in paris. we cannot ignore this is good news. you nailed it on the fact that, look, we caught the tip of the iceberg. there are hundreds more that we
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still have to deal with. neil: that is what i always wonder. we'll interesting going after isis. i think with all these cells all over the world, from al qaeda and other groups, going out and hundreds of you to these places and plan your attacks. is it too late? >> yes. absolutely. honestly, i think western europe in this administration. we argue about this. we do not talk about the force of the islamic jihad is movement. now brussels. the fact of the matter is, the time to nip this in the but was to ensure that, you know,
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especially during the migration part of this that they do assimilate. they do not have the resources. they do not have the people to conduct the operations. >> what happens? i can see a lot of brussels then. >> we will see, unfortunately, a lot of brussels. we have to shut down every, you know, possible way that they are running money. an agreement that allows for borderless travel across europe. stopping them from going into syria. stopping the fighters from coming into turkey did not know this would be sufficient. conditions to start putting this in place. having to start making decisions. hard decisions.
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they will have to start stepping up their aggressiveness, i think. neil: good luck on that. thank you very much and your service for this country. i want you to meet the superdelegate that has a problem with superdelegates. ♪ at ally bank, no branches equals great rates. it's a fact. kind of like social media equals anti-social. hey guys, i want you to meet my fiancée, denise. hey. good to meet you dennis. this just got interesting. so why pause to take a pill? and why stop to find a bathroom? cialis for daily use, is the only daily tablet approved to treat erectile dysfunction so you can be ready anytime the moment is right. plus cialis treats the frustrating urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex.
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neil: i think we were seeing video before of john kasich, the ohio governor, campaigning in connecticut. that state's primary. real focus is on new york, on the 19th. a fellow backing him despite all the waves of protest of people saying you know, kasich should just get out is trent lott, former republican leader in the senate. big backer of john kasich's. thinks he should stay in the race. always good to have you, senator. thank you for coming. >> glad to you back with you, neil. neil: you heard that from other people are doing. you call quits. you say what? >> obviously nobody will get the magic 1237 votes. we'll have open and contested convention. in the states coming upjohn is looking good. neil: you have got to win some more though. he is one for 30. >> he needs to win one or would of them. i think he is polling second in new york. neil: he needs to win. he has to cobble together a lot
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of delegates and he is nowhere near that. >> well, he is going to be picking up delegates right along in every state. i think by the time we get to convention, i don't know what the number will be i suspect he will have four or 500. nobody will have necessary ballot, delegates votes on first ballot and they go to second or third one. by the time they get to the third ballot, only 19% are bound. neil: you do that, senator, you do that, i hear what you're saying. that is the way it go-go. have to change a certain rule that wouldn't allow your candidate to be on that ballot. having said that there is this feeling that, the trump or cruz people will say, we account for 80 plus% of all the delegates. this guy walks in and someone else walks in and takes it? not happening. you say what? >> well, as we learned on 10 occasions in the past, and most recently in 1952 when eisenhower went into the convention with only 29% of delegates wound up being nominee against two
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better-known people in that race. think by the time we get to convention, you will see a lot of people looking for something other than trump or cruz and john kasich will be there. neil: general eisenhower and john kasich are nothing in common. now he was, you know, the general was a war hero. i take nothing away from john kasich but that comparison doesn't -- >> as a matter of fact, john kasich more qualified to be president than general eisenhower was. neil: no doubt you by know what you're saying, those are different circumstances versus now and how do you think those who are already, they have been going through the process, they have been dealing with this. they collected most of the delegates. this guy walls in and takes it from them and worse, they say, an outsider. >> you have to get majority of the votes. neil: i hear. >> you majority of the delegates doesn't make any difference how many you have when you get there. how many do you get the majority. i think there are going to be a lot of people looking around to the guy that is most qualified. look, john is the guy that can do somethingabout the debt and the deficits that we're dealing with.
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he understands the military. he can make sure we're safe and secure. all of these things, he has already done. neil: no, he has enviable track record. he is good guy. i'm saying senator, when do you give up the fight? >> you don't give up the fight until the fight is over. neil: okay. >> you don't give up the fight if you're john kasich until somebody gets 1237. when they go to the convention, john kasich will be a real contender. neil: i say this, you're a loyal friend. >> yes, sir. neil: trent lott, thank you very, very much. >> thanks, neil. neil: you heard a great deal on other side about democrats and superdelegates. a lot of, people who look at political system, they're not -- i want you to meet a superdelegate not a fan of superdelegates. he is larry cohen, a superdelegate for bernie sanders. good to have you. you don't have like the whole concept for superdelegates but here you be a super delegate for bernie sanders. why do you feel the way you do?
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>> i don't think superdelegates should have a role in the and i think there is part for party activists not on the floor. we go through caucus in primaries plus 50 states, plus other, in case of democratic party, almost 20% of those who control the nomination were not elected. you have states like washington state, vermont, bernie wins by 80% or more and party regulars say we're for clinton anyway. that is not what democracy looks like. neil: in new hampshire, it was glaring. i remember being there, your candidate won by a lot. >> 22%, split the delegates when all said and done. i think it affects people's view of the race too. when you looks at the delegate count, and most papers organizations include those superdelegates, it looks daunting for your candidate. but when you take them out it doesn't look so daunting. psychologically i agree with you, it does have an effect, doesn't it?
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>> has a huge psychological effect. they shouldn't be thrown in. should be two different category remembers. as you know the superdelegates can change their mind at anytime. they're not bound. neil: that is what happened eight years ago. a lot of superdelegates overwhelmingly favored hillary clinton by this point were hopping over to barack obama. >> yeah. i mean that can happen. i think more importantly though we need to have, when we invest this kind of time and money and media attention on primaries and caucuses they need to mean what they're supposed to mean and they don't right now. in 1988 they were taken out, almost all the superdelegates were taken out in agreement between jesse jackson and mike dukakis. democratic national committee put them back in. not the convention. in subsequent conventions those rules were confirmed. we need to go back what was done that long ago and say, just like the republican party, they shouldn't be in the nominating process. they have a roll, especially elected ones, members of congress but shouldn't be this kind of a role.
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neil: if it is not that kind of a role, if they're not a dell fat, some way, shape or form, what would their role be? let's say -- most of the 700, not all, good many democratic representatives in washington congressman and women and democratic senator i think they have the party chairman and vice chairman of each state and a few smattering of others, what would they do then if they weren't these superdelegates, what would they do? >> number one, it matters to that group to be on the floor. neil: absolutely. >> to have to run in primary as delegate. in other words it matters a lot to them not to have to get elected and maybe they don't and they're not on the floor. neil: so they're not accountable. they're not accountable. that is a very good point. >> yeah so. neil: for you, you are a superdelegate, one. few aligned with bernie sanders. if that doesn't show maybe the bias of these superdelegates i guess nothing else does. >> right. neil: proportion of superdelegates for hillary clinton dwarfs the percentage of
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the vote advantage she has had over bernie sanders. that tells you something right there. >> that tells you too much right there and it is not what democracy look likes. what democrats to do well up and down the ticket, it needs to be populist party. neil: why are you still there? why are you superdelegate for bernie sanders? >> i've been a superdelegate 11 years, i doubt i will be one much longer. this is probably it for me. neil: leave voluntarily or -- >> exactly. exactly. neil: thank you very much, larry. very interesting read. i didn't know the history going back to '88. great job. >> my pleasure. neil: meantime i want to show you the chart of the day. you can thank me, america. i'll just leave it at that. i'll just whet your appetite with that. i'll just show you the real beef after this.
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>> live on the floor of new york stock exchange. the dow is in positive territory, up roughly 51 points at this point. s&p 500 is also positive and is positive for the year, just barely, about .3 of a percent. nasdaq is negative. some of the stocks doing very well today, mcdonald's had been doing very well. it hit a new all-time high, third this week.
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11th since the year began. now trading down slightly for 2016. domino's pizza hit a new 52-week high. $136.51. it is up .4 of a percent. yum! brands is up. jack-in-the-box, having its best day in almost more than a year. up 5%. morgan stanley says you should stay involved in the company. there is long term reason to do that. more "cavuto: coast to coast" after this.
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>> eight east the "chart of the day." neil: that is not a stock chart. look at this puppy, america. it looks confusing. i can't even read it. i will tell you the gist of it, we tell you millenials wary of getting married. quarter of them getting marid. my generation, about half of us were married. then 3/4 is of that left the person they were married to. not me i should point out. who are we to lecture them? i wonder that gets a little condescending. that is one thing i'm not, america! look meanwhile what is going on with oil, up and up and away. i do know phil flynn would know. phil what is it going on here? >> we had a lot of things happen in the last few days.
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this week we saw u.s. energy production fall to nine million barrels a day. that is off 700,000 barrels. we're seeing demand for gasoline in the united states at the highest level we've ever seen at this time of year. you have real, really strong demand. you have production falling. so the market, actually believes maybe we can get back in balance, we can start working off some of this oversupply. also, next week, neil, the market is very excited about what reallyis a historic meeting between opec and non-opec nations. they don't get together that often. this is the first time in 15 years they sit down at the same table and contemplate working together to at least restrain production. now think week the market has been getting a lot of mixed signals out of different opec members but the main thing i have to tell people, if they're going to even meet, that is progress and it's very unlikely they won't walk away with some type of a face-saving deal.
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the markets believing that today. we're seeing a huge rally because of it. neil: i will switch gears completely, my friend, you're so fast on your feet you will have no problem. we quote ad quarter of millenials are getting married versus when they were like our age. >> right. neil: i'm older than you, when they were our age, half of us were married. >> right. neil: what do you make of that? some say it is the death of society? >> well, it could be part of that. listen, neil, you know what? people are struggling right now. younger kids can not go out and buy a home. they don't have the same things we had and advantages we have. it is very tough economy. i think a lot of kids will put off a wedding until they're financially secure. the economy has not been very good for love these days. i hate to say it, i think that is a big the past reason. neil: you know that is brilliant? you would be a brilliant boomer. you are there. our boomers are back over here.
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maybe they will listen to that very reasonable explanation. all you kids out there might want to tune in because the boomers are back. you both have a
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neil: do you know we have been getting deluged with emails, deluged over our boomer segment. many happy to have it back. so -- >> and others? neil: in deference to all of you who keep this show going, we, nothing to do with guest suddenly canceling. that would be easy to way to explain what is going on here. we have one other boomer back, and another guy is not a boomer. doesn't have the wisdom to be a boomer. >> wishes he was a boomer. neil: you heard what phil flynn said about the marriage thing? >> yeah.
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neil: he thinks he can explain a quarter of millenials getting married to the economy. it is dicey. >> they came out of college owing all this money and hard to find jobs. neil: that is what phil is saying. he is understanding and compassionate. >> when you think about did obama -- neil: here we go. >> not blaming him. going after wall street which they did, particularly regulations ramped up the regulation costs of banks, caused banks to basically lay off a lot of kids. >> people not getting married? >> no, they're not getting jobs. if you don't have a job it is hard to get married. neil: democratic and republican administrations. >> i say a lot of that is cultural -- >> you don't think it is happening more now? >> the stats show it is happening more now. just people, times have changed in some way. >> it is harder, harder to have a family now. these kids are coming out of college. neil: why are you so understanding in this segment? when -- >> we don't have steve lieb here.
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>> lieb brings out best in me. neil: you know a lot of young people? how is that working out? >> what do you mean about that, neil? >> how do you feel about you and arthur avenue? >> who is they? neil: arthur avenue. look at him there. >> the the paisons. look at that cannoli. neil: you ever touch the food that was there? >> i hang out there all the time. neil: you went to school there. >> i went to fordham. i went to fordham. we discussed this morning. amelia's great restaurant. i love that place. you didn't mention dominic's. >> i don't like dominic. >> you don't being told what to eat. >> they serve you on lawn chairs. >> family-style. >> i like mario's. >> that's is good place. >> roberto's. neil: why do candidates seek out these environments? cruz went to a motsah shop.
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you are just trying to eat your feed. >> diner in astoria. >> out in fresh meadows.why go there? people looks familiar? >> it's a nice setting. average people do hang out. neil: charlie gasparino and mrs. gasparino in little booth, you're talking. then these candidates walk in there while you're -- >> i was in san pietro with my wife and bill clinton came in. neil: oh. still not a man of the people. i was at an ihop and jimmy carter came in. here is another thing, guys. candidate, you see this negative stuff? we're all smoking on donald trump negatives. seven out of 10 don't like him. almost five 1/2 out of 10 don't flip over hillary clinton. >> that is the scary part for
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donald. >> cruz is worse than here. he is at 59. neil: what do you say in end we might decide candidates we like the least? >> if you're republican you have to worry about this because if a very disliked democrat is winning in every demographic group, including, last i saw with donald, i don't know, he might beat her with white males but it is kind of close, you know what i'm saying. neil: if he doesn't win with white males then negatives are high again. i'm wondering how this translates in the fall? we have now a marist survey that shows barack obama's approval rating once again at 50%. >> 50, right. >> doesn't he seem like he is rising above it all? neil: that is what is helping. that is that very point. >> we have democrat who a lot of people think is a crook, right? because she done allegedly bad stuff with her emails. we have republican front-runner who is face it not saying
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appropriate things. neil: not sane or saying? >> not saying. i know donald, the real donald is not this caricature. neil: i totally agree with that. having said that, i'm wondering whether barack obama play as larger role? >> he is an adult. neil: young people love him. overwhelmingly voted for him. >> we talk about turnout, right? donald trump has to turn out blue color, largely white, maybe less educated voters in rust belt. that story is out there. president obama is trying to turn out his own coalition, campaign manager david plouffe that elected him twice. younger voters, minority voters, if he turns them out for hillary clinton she wins. >> i think it will be very hard if donald is republican candidate. forget it, he will lose to hillary. neil: boomer, son. more after this. >> hugh hefner. >> get some
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>> all right. we have surrendered about half of the earlier games that we had. still not a bad day. trish regan to take you through that. >> we have lots of news to get you to. one of the most wanted men in custody today. this same guy, he may be that so-called man and wife that was seen with the two suicide bombers. anyway, more information coming into us. we will bring it all to you right now. i am trish regan. connected to the paris attacks. may also be the so-called man in the hat. the man in white seen in that terrorist video at the airport that came in.

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