tv Cavuto Coast to Coast FOX Business October 24, 2016 12:00pm-2:01pm EDT
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it's all over the media this morning. basically, she has won. >> it's his self-inflicted wounds. she has -- stuart: that's a big part of it. >> yeah. stuart: well, that was an interesting three-hour show, was it not? >> it was, indeed. stuart: thanks for joining us, everyone, your turn, neil. neil: thank you very much. at&t and time warner and the brushback, both companies seem to be facing right now. now, we should let you know that we, too, have put out calls to the heads of both of these organizations, randall stephenson over at at&t and jeffrey fiewx over at time warner. they have chosen not too this network. they have done some other networks, i understand they just got off dora the explorer, nick nickelodeon and the speed channel, but they did not opt to come here, and i wanted you to know that, because maybe we would have brought up what is happening right now. take a look at their stocks. remember, the offer is for
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$107.50 a share for time warner. look where it is. quite a bit south. in fact, down on the day largely because the markets seem to be saying this ain't gone that go through. is that the case? market watcher john tamny, that would have been the question i would have put to both of these gentlemen that you might be confident of this deal, but i'm telling you, john, early on it does not appear the markets are. what's happening? >> well, how very unfortunate if the deal doesn't come through, but i think the softness in the stock price reflects the view that washington will block what should, a combination that should go through. implicit in this desire to block at&t and time warner is this view that you can predict the future of the media landscape. well, let's look at the history of that. block buster and media -- movie gallery tried to merge long ago, it was said no way, they would be too powerful for the video rental space. netflix comes out of nowhere and wipes them both out. do you remember the time warner/aol merger? neil: absolutely.
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>> that was delayed for well over a year because aol was too powerful in the internet space. the internet space grew and rendered aol an anachronism. why are people so sure of this? it defies common sense. neil: staples, office depot outside this media world, but many, many others. you're right, the flip side is they come back at you and say, well, had it not been for the government torpedoing these deals, they would have become these gigantic players strangling out some of these upstarts. in the media world, that would be the netflixs and even discovery communications. to me, it sounds like a specious argument, but what do you think of that? >> let's hope it becomes a very powerful combination. let's hope it becomes wildly profitable. what that would signal is that a combination led to the fulfillment of a lot of unmet consumer needs. the problem is as we've seen through the years is a lot of these mergers don't turn out to be successful.
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the reality is we don't know. what's interesting about this is, again, people want to block this combination. but could any of those people who say that this is a bad merger have predicted six years ago that amazon and netflix would be two of the most prominent producers of television and movie content today that they are three and four in terms of emmys won in the most recent emmy awards? it's very hard to predict the future, yet people are trying to say that this is the merger that will snuff out competition in the media space. what a laugh. what an embarrassment -- neil: no, i think you made a brilliant point there. unfortunately, neither ceo of each of these companies made that as eloquently or succinctly as you just did, which is why i think given their appearances, especially the last one on the speed channel, was a waste of time. because i think that they were not able to state, as you did, that these other forces at play that would mitigate whatever control they have in a certain sphere for a certain amount of time. so are they botching it?
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are there appearances, their select appearances, are they botching it? >> well, it's a shame that they're even put in the position to botch it. neil: well, that's true. >> at&t is owned by shareholders, time warner is owned by shareholders, they should be allowed to do what they want with their shares, but it's also bothersome that they can't make a basic case. the reality is the future is unknown. there was a time when monday night football was rejected by nbc and cbs as a lousy property. let's not forget the three major networks rejected the sopranos. they didn't think it was a good idea. hbo turned down the opportunity to to get mad men. the history is hard to predict. there is a time when the movie studios did not want opt j. simpson to play -- o.j. simpson to play the terminator. didn't turn out to be reality. why do we assume that we can predict this time? neil: yeah. maybe being a little parochial
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here, but the same consensus was against my box, rupert murdoch, when he first bid on nfl, and everyone thought he was going to lead the country to ruin, to say nothing of his company. that didn't turn out to be the case. what happens now? what do you think happens now? now, in the past in order to get comcast and nbc through, brian roberts and the comcast family made all sorts of concessions and signs that it would not try to be greedy or a hog or try to influence, for example, hulu in which nbc had a partial interest. some have interpreted that as a disappointment, that it didn't end up that way. i'm not savvy enough to know, but that that experience and maybe that rereit is -- retreat is a reason why this is going to get such scrutiny. what do you think? >> well, i think you just hit on head the problem with this. people say, well, look at the track record of mergers, they haven't always worked out well. in order for two companies to
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combine, they're forced to weaken themselves first. remember american airlines with u.s. air. okay, two bankrupt airlines, if you want to get together, you have to sell off some of your best gates. so in this case if aol -- if time warner and at&t want to merge, i'm sure they're going to have to sell off some of their best assets. what a shame. what a shame that we make, force companies to be sitting ducks in a world that's unknown about the future. we don't allow them to combine in the best way they know how to compete for the future. this is very wrong headed. neil: all right, john, we'll watch closely. john tamny follows this closely. in the meantime, what other deals could it play now if this one isn't? keep in mind, it is unusual for the acquiree here to be trading south of its offer. that is a sign that wall street increasingly doubts this can come together and the principals behind this, randall stephen szob and jeffrey --
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[inaudible] they have not decided to appear on this network. iens dora the explorer did, so we'll keep you posted on that. but in the meantime, former buzzfeed president john steinberg on what he makes of this and who else is in play. john, i'm just having fun with this, but in all seriousness, do you see other content players now getting more attention than they were last week at this time? >> well, absolutely. and first of all, neil, i think this deal is definitely getting put through. neil: really? >> what's different with this deal is it's a vertical integration. remember, when comcast tried to acquire time warner cable, you had two cable companies. in this case you've got a distribution company in at&t, and time warner is a content company -- neil: well, i don't know. you're great at this and a made a fortune mastering this, but bernie sanders said it would mean higher prices, fewer choices. donald trump says puts too much concentration and power in the hands of too few.
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tim kaine, less dissension. i think that is generally helpful, especially in the media. now, again, all reeds from all parties, all anxious about this. what do you make of that? >> well, there's no basis in fact for what they're actually saying. when you look at comcast's acquisition of nbc universal, nbc would sell its programming at equal rates to all the other carriers as well, and no doubt the same requirement will be put on time warner. the only difference is that maybe the stock is trading at such a discount because investors are concerned about exactly what they will have to agree to. that, to me, is the only rationale. this couldn't possibly be struck down. it'd be okay for nbc and comcast but not okay for these two companies? neil: well, if you think about it though, some of the regrets that some had about the nbc and comcast deal is that comcast didn't own up to its part of the
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bargain. i don't know if that's the case here, but after all of that scrutiny and time, that comcast didn't live up to what it was supposed to do. is that true? >> no, i don't think it's true. disclosure, comcast is an investor in my company. but with that said, there's been almost no sinner yes i -- synergies between the companies. in fact, my knock on this deal is there's very limited synergies. effectively, the only reason why at&t is doing this is because they lost 268,000 wireless subscribers in the last quarter, and they need to hedge themselves against the fact that wireless is no longer a growth market. it's basically a conglomeration of two companies in vaguely related fields. neil: and then there's the issue of debt -- >> the highest debt-leading company, you know, probably in the united states after this deal is all said and be done with debt service of $9 billion a year. neil: would a regulator take that into the decision making process?
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in other words, fearing that the acquirer ends up being in a world of financial hurt and then both companies are hurt? >> i don't think so. i mean, i think that you could put a lot of restrictions on them. you know, look, the market thinks this deal is not going to happen, or this market -- the market thinks the deal has a 20% discount on it right now, so maybe people are feeling the combined company will be so weakened or they will have to sell off assets, but the idea of the deal just not happening, i think it'd be very hard for the government to say even with the misgivings about nbc and comcast, the second time around we're not going to let it happen. neil: all right. finally, your sense about the timing of all of this. many have referred to the fact that, you know, borrowing on the cheap, now is the time to do it because rates are going up. there'll be a switch in administrations whether it's donald trump or hillary clinton, you're dealing with two new justice departments, you're dealing with a new sec, you know the whole drill. that you is better than later. what do you make of that?
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>> i think the bigger issue is that the world is undergoing massive change right now with all the over the top skinny bundles, viewership declining, newspaper advertising revenue going off of a cliff, the world is changing dramatically, and these companies recognize if they don't position themselves very quickly, they're going to be trying to catch a falling knife. so to me, the bigger issue is that, you know, that bewkes realizes these cable networks are increasingly worth next and at&t realizes they can't grow the wireless subscribers. that's the force. neil: all right, thank you. >> i appreciate it. neil: again, time warner itself is trading substantially now where it was on friday, and like 20 plus bucks below the offering price. so for now the market seems to be saying we heard what john said, but we still have our doubts. we're on it. and i have my my doubts about all these polls that have apparently buried donald trump, that he doesn't have any chance at all to get elected president
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>> there's some great polls that have just come out. i believe we're actually winning. [applause] we're up in ohio, we're up in iowa, we're doing great in north carolina. i think we're doing great in florida. i think we're really, i think we're going to win florida big. i think we're going to win florida big. [applause] but the polls that mean something, the polls where they really are, have been accurate over the years, we're leading by two nationally. be. neil: all right. i believe in that latter example
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mr. trump was referring to a monmouth poll, a national poll that shows him slightly out front. i believe. some have problems with those polls as far as the reliability. be that as it may, donald trump focusing on those that have him up. former democratic pollster path caddell is saying a trump win is still very possible. what do you mean, pat? this is a great point this past weekend, that there is such a thing as underrepresenting him, but by a very big factor. explain. >> yeah. well, look, let's take the abc/washington post poll. the poll of two news organizations who lead their respective genres in attacking donald trump and being for hillary clinton. let's get it on the table. they did a poll last week that showed the race at four points. they did a poll week showing it at 12. they showed a party differential of nine points between democrats and republicans.
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there is no more chance in my lifetime i would have gone with that poll than there is that i'm going to fly to the moon. but they go with it in the entire media narrative becomes that's what's going on because they are invested, interestingly. normally the media is invested in wanting a close race or possibility because it gets more eyeballs, gets more attention. they don't care about that right now. they are on their political jihad, and and if they can have polls that produce that result, they'll go with them. no matter whether they're good or not. we had the nbc/"wall street journal" example after hillary clinton -- after donald trump's tape was released over that weekend of a partial sample poll or not or a too small sample poll or something which they've never done. done by peter hart and associates and some republican firm that i don't think has much influence. peter hart's firm has gotten hundreds of thousands of dollars from hillary's pac.
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so they go in and they do this media poll right on the heels of the worst news that attacked trump. i am really tired of this stuff. the polls are in conflict everywhere. the tracking polls, the rasmussen and l.a. times and the, and the investor daily are all showing the race very close. hillary picked up some today -- neil: to what end though? help me with that. to what end? is it supposed to make voters think if you're a trump voter or sporter you just say, oh, the heck with it? >> it's to suppress -- first of all, it's for them to suppress turnout, in my opinion, to say it's over, don't bother. although i key this can affect either -- i think it can affect anyway. neil: in this case, hillary clinton. a lot of backers say she doesn't need me, right? >> right. but they can influence both. but here's the point, if a larger point that no one's talking about, we have a huge amount of people for this time in the poll undecided or floating around.
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what i call the volatile factor vote here. and the other thing is, and they're into these down ballotses, the democrats are going to win, but on what basis? the public is lined up two-thirds want a different policy than obama's. he's out there campaigning for democrats. they are against what's happening in the economy. foreign policy and the republicans, the stupid party, has run a stupid campaign like they normally do with their consultants and have managed not to make it a referendum election on those issues. but the democrats -- and i'm going, wait a minute, the mood of the country where 70% of the people think the country's in the wrong direction and in decline shouldn't be benefiting like that for democrats. all of this is done artificially without any looking at those premises. that's why this election's going to be closer, because the structures of it, the basic element ares are in -- elements are in conflict. and they don't favor the democrats.
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they just have the media which is on, which is, i believe, is now has endangered the people's right to know and, in fact, is endangering our democracy by not playing fairly and by trying to force a choice in the election that fits them. it's scary. it's like you talk about this merger. i mean, that's what's happening in this business. it's incredible. the lack of competition. neil: and one that will prove be upside down, in other words, you see donald trump still winning this? >> no. i didn't say that. i think he's slightly behind. neil: okay. but not a lot behind. >> a few points behind. not a lot behind. neil: could he win it? does pat caddell think he could win it? >> let me just say if trump would get off defending himself and stop putting himself first and put the voters of the country first and put the election into a referendum frame between him and her, he could win. but he keeps trying to kick it away too.
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neil: all right, patrick, good stuff. thank you, my friend. pat caddell. all right. in the meantime, we are updating you on the whereabouts of randall stevenson and jeffrey biewx, i left out a channel they are appearing on, but sprout. they just with regard up an interview at sprout and told the kids, this will go through. stay calm. there you go. we'll have more after this. you can run an errand. (music playing) ♪ push it real good... (announcer vo) or you can take a joyride. bye bye, errands, we sing out loud here. siriusxm. road happy. recengrand prix race cars-benz made history when it sold for a record price of just under $30 million.
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(announcer vo) sorry traffic, we laugh 'til it hurts. siriusxm. road happy. neil: all right. apparently the pentagon is not backing down, still demanding money back from troops that reenlisted during the iraq and afghanistan wars. this concerns the california national guard enticing a lot of our soldiers with bonuses of up to $15,000. the pentagon essentially said that that was not the way to go about it, wants those bonuses back, has been getting them back, and it's caused a big whiplash here where a number of soldiers including on this air said, look, we don't have the money to give back. now it's proved an embarrassing
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issue for the pentagon, but the pentagon is still sticking to that, give the money back and just be quiet. we'll keep you posted. meanwhile, virginia's governor giving money to an fbi official's wife. she was running for the virginia state senate. she later lost but not before getting $600,000 plus, and her husband -- a very influential fbi figure in the clinton e-mail probe. can we say awkward? well, the governor of virginia and those involved say, no, nothing untoward or unusual going on here. blake burman sorts it all out. hey, blake. >> reporter: neil, yeah, the number that is raising more questions is 467,500. according to "the wall street journal," the political action committee of virginia governor terry mcal live donated that amount last year to dr. jill mccabe's state senate race. here's how the connections break down. governor mcauliffe, he is a longtime confidant of bill and hillary clinton. dr. mccabe is the wife of
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andrew mccabe who at the time was the associate deputy director of the fbi. now, dr. mccabe lost her state senate race, and after that defeat her husband was promoted to the deputy director of the fbi which put him into an oversight role of the department's investigation into hillary clinton's e-mail practices at the state department. the fbi, we reached out to them for a statement, they are downplaying this connection, neil, saying in a statement that mccabe basically was insulated from his wife's race. here's the quote, in part: during the the campaign he played no role, attended no events and did not participate in fundraising or support of any kind. that's a statement from the fbi. however, some would question whether nearly half a million dollar donation was basically disguised to exert pressure on the fbi. a spokesperson for mcauliffe said to "the wall street journal," neil, that that assertion is, quote, ridiculous are. that's how they put it.
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and again, this was a state senate race, and one donation here in a state-level race nearly half a million bucks. neil neil they also came back to say, look, we gave two other candidates even more money, and no one's calling us on the carpet for that. is that getting any traction? >> reporter: no. i mean, the headline here is what you talked about, mcauliffe, the governor, a lot of folks know he's a longtime associate of the clintons, and it's kind of that with the e-mail. that's where most people are are focusing on this one. neil: right. and the irony was she lost even with all that money. >> reporter: she did. neil: thank you very much. by the way, we're so focused on this $85 billion plus media merger going on with time warner and at&t -- again, not being favorably received on wall street, then again, we wouldn't know because the ceos don't want to talk to us, but the one thing i would quickly point out is there are other deals. this one is pocket change by comparison, $4 billion for td
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dollars deal involving at&t. among them in the financial arena, ameritrade offering upwards of 4 billion but. i could go on and on. who better to go on a non-and the guy who crunches the numbers bob dahl and what is behind all of this. >> they're a bunch of things. one is if i'm a ceo i can borrow money at essentially zero. i've been buying my stock back. that's used in earning some in the top line starting to grow a little bit that it's still not good enough. maybe i'll buy the company down the street to accelerate. about a billion bucks for the shares. is there a sense politically but you strike while the iron is hot besides that? >> there's some correlation between the end of one administration and the beginning of another.
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people are testing the water. i still think the economy is doing a little bit better and ceos are sent in interest rates are going to be zero forever. if i'm going to get on with it, maybe now's the time. stocks are still cheap when i can borrow a good deal. >> back at it and when the dow was doing well in the financial i forget they're doing well. what if they were assuming all of these deals go through peer what is going on with this because for the time being, time warner shares our wealth out 20 bucks plus. >> they are for a bunch of reasons that most particularly as the deal going to happen? how long will it take? you and i both know the media business is massively complicated and figuring out market share in competition, all of that is going to take some
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time. many more expert they may say he appeared since a 4016. neil: the one thing i say the deal deal notwithstanding that we've seen content still matters whether you get it on a tv screen or one of these devices. content matters. >> the telephone thing the telephone saying let me have that content. neil: do you worry about at&t doing this? albeit at a cheap price. >> it is a lot of debt. i'm sure at&t had to have a lot of second thoughts before they move forward. you are correct to point that out. at her office is true, at&t if they do this still do this you will have more debt than any company ever before. there's a lot of debt. neil: when a company does that come to do so believing they can pay it down.
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like a young couple buying a house but they are going to grow with the value of the house, it better come at better. is that the case? >> are little more analytical than that and they can understand what the value of the content is, how they can add it to what they do to create synergies necessary to go more quickly. sometimes they spent and legitimate outcome of the question is will the regulators permit it to happen? neil: donald trump is too much concentration in the hands of too few appeared to you would mean higher prices, fewer choices of american people. this is in a with republicans or democrats. >> he set up right. it doesn't make sense to say those things. the proof will be in the details and that will take some time. there was talk this would be concluded by the end of the year. neil: what is your sense of the market right now?
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where do you see them now? >> i continue to think it's a grand higher. the first-quarter earnings we have now were revenue growth is positive of 2014. a wider margin than we've seen it looks like we will have a positive quarter. i miss it this way. the earnings recession. neil: it has a ways to go. >> earnings growth can be slow. hard to argue for higher margins. neil: you can improve your top line and top the other players. >> among the reasons why appeared reasons why. if the sitter and a corporate boardroom in other topline growth rate is a struggle for most companies. inevitably on the strategic list has to be could we do better if we were combined with somebody else.
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neil: as far as interest rates using december? >> i hope so. i'm an equity guy. i think the economy is okay thank you very much. neil: not that it's behind the curve. >> i might say that too. a lot of chances and i would argue that. inflation is not here anymore. it's not a big number but a smooch from very low. i would agree with that. neil: robber, always good seeing you pier one and the brightest minds on wall street. hillary clinton is about to get together with liz warren. liz warren is the same liz warren who has been urging president obama to dump the sec chief because she says she's not been tough enough on banks. this is a partnership that if hillary clinton does become president i don't if it's going to get warm and cozy. after this.
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let's look at bit tech titans. these names you know so well are hitting lifetime highs. microsoft 6044. a $13. facebook as well hit in a high of 133. the three of them together $1.4 trillion in market value. watching apple, it turns out after we take a look at apple, failed some watches have been under pressure. sales tumbling 70%. on the other hand the iphone iphone -- these goofy glasses.
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not just coverage, craftsmanship. not just insured. chubb insured. neil: hillary clinton is not lacking for powerful and popular surrogates. the latest to campaign with hillary clinton this time in new hampshire. as we speak, at that rally. >> that is right. still waiting on secretary clinton and elizabeth warren to come out here and speak. obviously the youth vote who idolize elizabeth warren and her fellow progressives, bernie sanders. not so much secretary clinton perhaps. this is a speech on the economy so we expect to hear them talk a lot about wall street regulation
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and donald trumps economic plans criticized of course. we are rendering how the car ride over is going to be for clinton and moore and given that elizabeth warren is all over these new john podesta e-mails linked by wikileaks for example. one came out today from the outside communications adviser to the clinton campaign in january 2016 on clinton's wall street speeches in which mandy grunwald writes it is pretty bad. she is critical to some extent of blood led to the crash, but the more memorable stuff is totally accommodated us. dodd-frank was passed for political reasons and people in the industry suggest people know best how to regulate wall street. wonder how that's going over with senator warren.
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this other enough from october 2015 from outside adviser ron claim who says clinton should move 95% to support the return of the glass-steagall at two split up commercial investment banking activities inside commercial banks and says i think you could avoid a flip-flop that survive a warren primary. obviously the campaign very concerned about keeping elizabeth warren and attend. back to you. neil: thank you, peter very much. i don't know why, but they are. dennis kucinich joins us right now. presidential candidate as well on the left and right. a decent human being i would agree with that. very good to have you. how do you think this goes? no matter what happens, let's
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say hillary clinton wins, i suspect elizabeth warren will be a thorn in her side. what do you think? >> the democratic party is one big happy family until after the election. hillary clinton has by account has accepted over $7.7 billion that she and bill clinton to wall street in the community. the position has been to challenge the influence of the big banks kind of wall street and the political process. after the election, you are going today where you see the hugging going on after the election there maybe something mouse. >> i suspect that's why they're
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playing princess go crazy. that is the music expert. how do you think it goes? since the emerging that these females than with john podesta, bernie sanders, for all they know they might have lumped you in with that, that it is going to be an attention to mention if she is the light it. >> i think the amount of election on the connections with wall street on banks and special interests will be extraordinary. given the fact of the clinton foundation but today's, together with the money that came into the campaign, together with the money that was raised to support clinton's personal finances. the fact of the matter is there's just no denying that she is tightly tied to all these interest groups that elizabeth warren has made a career out of
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challenging. neil: a lot of people interpret that as a sign that will be very hard for hillary clinton to moderate again under that scenario. but that you -- will have a tough time moderating her positions because of the pressure of elizabeth warren and the bernie sanders and maybe with the added pressure of winning the house and/or senate as well, that further keeping her hard left. what do you think? >> i don't know. hillary clinton at this point is the candidate of the democratic and republican establishment. after this election, they may be playing another prince song, purple rain. neil: touché to you. can i ask you about the polls to guess or thought on this? you've heard the term folks at the support isn't what it is.
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i'm not even going to go there. i wonder if when people tell you it is really over, she's going to win, does it turn out on both sides? forget about frustrated trump supporters. does best luke warm. >> about the clinton campaign i'd be careful about telegraphing are getting ready to measure the drapes in the oval office. they have to be very careful not to unwittingly suppress their own turnout by making it appear this election is over. as a part of matter, donald trump still has a chance. hillary clinton's challenge is to get the vote out. she gets her vote out, she could win. if her is anyways impressed or unenthusiastic, she could run into trouble and donald trump has surprised a lot of people. at this point this election is still up for grabs. by all accounts hillary clinton has a lead in a number of significant polls.
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there's still two weeks and things could change. neil: i remember there were polls that say you didn't have a shot. i think he did okay. dennis kucinich, thank you very much. >> thank you. neil: the $85 billion deal because they want you to think of this. it would combine if that were to go through cnn and the harry potter movies. i want you to think about. cnn and the harry potter movies. ♪
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of part b medical costs. the rest is up to you. that's where aarp medicare supplement insurance plans insured by unitedhealthcare insurance company come in. like all standardized medicare supplement insurance plans, they could help pay some of what medicare doesn't, saving you in out-of-pocket medical costs. you've learned that taking informed steps along the way really makes a difference later. that's what it means to go long™. call now and request this free decision guide. it's full of information on medicare and the range of aarp medicare supplement plans to choose from based on your needs and budget. all plans like these let you choose any doctor or hospital that accepts medicare patients, and there are no network restrictions. unitedhealthcare insurance company has over thirty years experience and the commitment to roll along with you, keeping you on course.
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so call now and discover how an aarp medicare supplement plan could go long™ for you. these are the only medicare supplement insurance plans endorsed by aarp, an organization serving the needs of people 50 and over for generations. plus, nine out of ten plan members surveyed say they would recommend their plan to a friend. remember, medicare doesn't cover everything. the rest is up to you. call now, request your free decision guide and start gathering the information you need to help you keep rolling with confidence. go long™. ♪ neil: take at the respective stocks with time warner. right now judging by time warner's price trading $20 south
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of what at&t is willing to pay. it has come up quite a bit from what was originally. is this the markets way of saying it won't happen? it's hard to tell because randall stephenson of at&t and time warner aren't stopping out that they just wrapped up a local access tv interview. we would keep you posted on not. also doing the garden channel, so we will see. if you avoid tough questions to sell a deal that looks tasty, you are not winning anything. just singing. have fun, guys. whatever. let's say this does go through. not a slam dunk by any means. what will you nic. gerri willis has been looking at this. >> lots of concerns for consumers out there researching this quite a bit. the pricing issue, will consumers pay more?
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what happens in these deals is cc zero pricing afforded to products of the acquisition. maybe cnn, maybe live stream over the top technology and if your client of the rival competition, you don't get that price. you don't get that break on money. that could read an issue. they won't have access to the platform presumably. we could use some places that they are. some people you might want to hear from that you may never see because of this big deal that finally, there's advertising. this is one that resonates with viewers the most because they look for innovation in advertising. they will try to reach her mind, but get all your data and capture you by understanding your most private thoughts that they are and what you watch, where you watch it, all the details of your media consumption. neil: the try to get you to go to their one-stop shop. you get a discount on both.
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what they extend this to offerings are subscription services to their customers because that would be the very same thing. >> you've got to think this to be the point of one of these tieups. this would be the point of a merger. lower people and by discounting sent things and getting you hooked and forcing you inside their tent and then pay up for other things. i agree with a lot of the coverage today this is a tough sell to regulators and certainly the nation is in no mood to be apple pie with a lot of media out there. so, we will see what happens. i think for consumers, something good, something that. neil: what i was telling a couple guest a couple guests earlier as regardless of where you are in this, we always talk in our business that tv or cable as we know it goes the way of the dodo bird, i've always
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argued that you've got to see gerri willis on a device like this. it's not that we go away. it is just silly pop up on other devices. the content is still king. >> newspapers, what happened in newspapers and magazines. they have to jump have to jump from the late patsy billy padding keep moving. neil: that's what we do. gerri willis, thank you very much. you notice i jerry avoid criticizing the ceos of these companies because she is a nice person and a decent human being. i am neither. i am making note of the fact that in their media appearances they decided to appear everywhere but here. the final straw for me was popping up in highlights children. i had to find a toothbrush and a brush amnesty ceos. more after this. ♪ (announcer vo) or you can take a joyride.
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neil: donald trumps of the election is not over. so in the palm beach audience there is still a pat to the jury. seen as a challenge and to figure out how mr. trump could do that. what have you got? >> at the mathematical challenge. the answer is always yes, but this quite narrow. now i know specifically what the campaign is targeting. this map is or what if scenario and show you what donald trump might be able to do or what his campaign thinks he could do. here is where we see the raise. this is the fox election scorecard. this is database from all the different polls coming into her fox election team in receipt of hillary clinton 307, states that are either solid blue ribbon in blue. donald trump 181. passive safety. forces we see them yellow here. flip over to the map we had for the trump campaign today. they are far more tossups.
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all the yellow instead of four like we had a come a day habit is 12 tossups, even the likes of wayne in the northeast and new hampshire. certainly florida which is a must win. however on the fox scorecard we have as many blue. with that, let me go back here if i can tour what if scenario. trump in a campaign memo identifies six days for the campaign says that he is ahead. we'll go through those six states right now and see what they are. number one research to the republican side is iowa. that's the only one of the six we are to have colored in red. the other five are tossup states are currently according to the data we look at many blue. for example, ohio is a tossups date he has those leaning red. maine and florida and nevada would have to flip from blue to red. florida is a must. let's make our bread and then go out and also color in nevada which we have this thing in blue to red.
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these are the numbers you should look at to follow along. the hotel frequented to 66 or donald trump at 237. clipping safety kit mrs. clinton below 237. they are looking at new hampshire, colorado and pennsylvania as three that they need to win. go back up to the top because i want to look at the three other states i have not colored indiana. north carolina is a must win for the campaign. the others they mention, nevada, north carolina, maine, iowa. all of those in there right now. you have to start looking at dave. i west we have utah as a tossup. that's got to go read. that gets trump pretty close to the precipice here. the three state that were still up there is tossups we've got to take them out of the blue column. one would be pennsylvania. take that as a tossup state. that one out of the column.
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they also look at colorado. they think colorado is a tossup state. the final one is new hampshire. new hampshire is a tossup. that has donald trump within one stage of being pushed over the top here. we looked at the polling and all of these states and the view that, for example, at new hampshire, donald trump is done to venerate point. it is likely to stay blue. same for colorado. the best chance polling wise appeal or is to be pennsylvania. the lead of about 6.9 average. trump can turn it and make your bread, that is its past. that's what he's talking about. if donald trump's campaign is right today, this election very well could come down on the eighth of november to the state of pennsylvania. we been waiting to tell them what their path is. this is basically a. neil: this is not a consensus that puts it much more candidate.
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the strategy about what they can win. >> basic state they are greedy men. of those six we only have one, iowa where trump has a clear lead. it's not like he doesn't have a chance to win those states. he could win them all. the polling data shows is only up in one of the 60s bleeding. neil: thank you very much. including this state, north carolina just minutes ago shows a tossup. hillary clinton leading 47% to 46% covers the polling. october 20 through 23rd, right through the very latest debate. back in august, hillary clinton led 44% to 42%. her lead has been sliced a tad. overall she leaps by one that this race certainly in north carolina too close to call. the daily caller julie grace with us.
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we've also got democratic strategist mercy. we begin with you. what do you think of that? that is a dream scenario on the point of the charm people and what they think they can do. even folding all of those battleground states, they still don't come up with the 270. what do you think? >> i was listening to that, my head spinning a little bit with all that math. neil: my head spins. it's a tough place to be for donald trump right now. they think as we look at these polls and as voters head to the polls as early vote has started in key places like nevada and north carolina, it is clear he is on the defense. one would think someone on the defense two weeks before the election but have some sort of strategy to try to change the tide here. what we heard over the weekend was donald trump who gave his gettysburg address, his 100 day
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plan in the headlines coming out about how he wants to use taxpayer time and resources to sue the women who have come out to alleged sexual assault against him. that doesn't seem like a winning strategy to me. i look at this map and i'm excited about the fact hillary clinton has been a strong position. she's running lectures 20 points down saying that the expansion into states like utah and arizona gives me great hope and apple has some problems. >> we hear from a lot of trump folks while the other side is getting cocky trying to look like they're running up the electoral vote and running out the clock but that could come back to hurt them. what do you think? >> i couldn't agree more. those quite a geography lesson we had. the other thing we have to factor in us a lot of trump supporters are almost closeted by the bullying hillary clinton fans. i don't know how accurate these polls i appeared donald trump
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might really be a lot closer than some rethinking on the polls keep changing day in and day out. the key battleground state with not only has very good, he's out there hitting the ground on the regular daily basis where hillary clinton is not showing up. >> whatever your views are neither candidate when you more or less try to build a consensus in the starts in the media that hillary clinton is the only decision how big is the victory. does that hurt turn out not only for donald trump and frustrated supporters say the heck with it, potential and more so for hillary could because she's got it in the bag. why should i bother. >> that satellite huge issue. if anything it is going to motivate trump supporters that are really wanted to get out of the boat and defeat hillary clinton on november 8th. two weeks is an eternity in an election and we've seen her
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encouraging voters to get out there. who knows what is going to pop up? neil: we ran in the weekend covering the gettysburg speech. he did start out talking about is doing these women. that he would be at our expense or do it through the corporate entities. using i was the venue to do it? he's obviously annoyed and feels these women have unfairly charged him be that as it may. was that the venue to do it? would that describe from what was otherwise a hundred a look at what his administration would bring? >> i absolutely think it distracting voters from the real message. the country is facing so many issues when it comes to health care, i says the matter should be focusing on. it's a distraction from what the real issues of the country are. when he stays on message received polling numbers go up. hopefully he can pull it
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together and if not things are looking good for the clinton camp. neil: that's one of the things the clinton camp hopes to see. the more he does this stuff the better it looks. what if you're wrong, and what if he's galvanizing this kind of stuff in the fact that some of the national vote polls are so well over then that tend to indicate that whatever support hillary has could be solved. >> there is no conventional wisdom in 2016. all of us can agree on that one fact. as you look at these polls and as you head into election day, these are no longer about people paying attention. these are people who have now seen three debates coming to candidate on stage and they had an opportunity to hear from both candidates. i believe these polls do show hillary clinton was the lead are definitely on the right track. like i said, her team is going to work like she is 20 points behind. that's no question.
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neil: i don't know if they are. maybe for good reason to have a shot there. i'm not dismissing the strategy. i'm saying it sounds like a cocky strategy that she think you've safely got it. >> anyone in her campaign now and anyone believe that in a selection, we are going to work until the very last poll closes. donald trump and his entire strategy right now is to talk about how the system is rigged. a general pattern of behavior when it's losing. neil: he is working pretty hard. aaron, do you think the way donald trump is going about it is putting in more appearances around the country in this battleground state and hillary clinton? she benefits from powerful surrogates. elizabeth cohen will be campaigning in new hampshire. say nothing of barack obama and those are powerful surrogates to be sure. donald trump will get something back for his personal letters in
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all of these states. >> donald trump, the reason people like them so much is he is who he is. he says what he feels and shoots from the hip. i don't think it's really going to have much of an impact. his ace is energized and still with them and i talked to a lot of my friends that are independent and they said that was the best beach they've seen him get that far. he's recruiting more people with hillary clinton has powerful surrogates, but she herself is running for president and people need to figure out her more and that's just not occurring. going back to ray gordon operate. 46% of the electorate feels like the election could be. there's or something to that talking to that rhetoric. neil: cap, but you want to focus on the issue. i want to thank you all. he took the time and were civil debate in these issues. i appreciate that. a lot more than i can say.
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and those other guys that time warner. they don't want a civil discussion of the likelihood of their deal. they go on rival networks including sprout. i told you about how they are hitting with the two ration the brush. can you find the ceos and the highlight magazine? that's okay. that's what they wanted to. just go in a constant reminder of the questions they're not answering which could explain why both their stocks are not advancing. a little more after this.
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advocate rallying progressives and especially rall and bernie sanders might be disappointed by revelations in these e-mails that hillary clinton folks didn't exactly think all that much but we are following these developments close to you to race now with the mainstream media has all but said is over. last time i checked we have a couple weeks ago but that could be just me. in the meantime it could be just me but it is odd when a company announces its making a bid on another company when bad bid price is still well south of where the price of the offering is in the time being. then it could be another failed bid business deals with like some of those we just outlined. is that what is happening? time warner cries 20 bucks short of the $107.50 per-share offer that at&t has outlined. it has been prohibitively since we first got wind of this. things could fall apart.
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jonathan, what do you think? >> and for having me with you. it is so frustrating because wendy's big deal is good in everyone's reaction is government going to let this deal go through. it's outrageous and a capitalist economy. do we exist by right of access by permission? what you have here is two companies, shareholders in voluntary trade. why we should have to wait around and speculate on government approval is distracted to the economy and more competitive and make fun money. >> we were showing it's hard to read unless they've show a full screen some of the more noteworthy failed deals here. they all failed for a variety of reasons usually coming back down to the government thin were cornering marka. in this case, it is a market and technology in the media that is caught gently evolving and changing. >> i think that is just it. there is no monopolies in a free
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market. at&t is in competition with everyone. viacom, netflix, youtube and twitter and periscope and anyone else out there for the attention of millions and millions of viewers. what you always see an antitrust case is quality and prices going up and prices going down for the consumer in mass markets. the same thing back to 1911. the government filed an antitrust case against standard oil. we see the same thing in the media right now. the government is worried about a monopoly in india. they're smart enough or at a lower price than number. this is why this is tremendously destructive not only to the company's shareholders, but literally to the little guy. the government wants to protect us never had it so good at the media landscape and interventions make it much more difficult to make money and please the customer. neil: some of them go back at you by singing jonathan forgets these mergers have been about in
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the past. they might've been able to thwart these type knowledge is. so by our stopping them, we succeeded at doing that. you say why. >> just look at the early two thousands. united airlines to become more competitive. the government clamped down on that. american airlines five years later. when the government steps in and says this is how free people should not, how do they know? what airlines they've seen them go down over a period of time. these types of antitrust laws are completely debilitated in the economy. neither party, the democrats or the republicans, even those that talk about getting rid of regulations. that is really the ultimate
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check on american individuals because any time you want to make a trade, government will come in either give its approval or denied the right. neil: more interesting with both parties tackled this one. thank you very much. >> thank you, be well. neil: elizabeth warren understand of what she says specifically about this one. and the financial arena she's already told the president of the united states they've got to go because they have a lot of stuff slip through. do you think she'd be any lighter on her, and a softer on her? listen closely. watch closely. you can run an errand. (music playing)
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(announcer vo) you can commute. (man on radio) ...40! no flags on the play! (cheering) (announcer vo) or you can chest bump. yo commute, we got serious game. siriusxm. road happy. neil: you are right, just learning as they watch elizabeth warren wrapping up a crowd in new hampshire to introduce hillary clinton democratic presidential nominee.
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virginia revving up the octane over whether the governor there was working in a cozy relation ship with a state senate candidate who ultimately went on to lose but not before her campaign got better than half a million dollars when you total all proceeds. the candidate is married to a top nci powerbroker here that was deciding on the clinton name as an auditor was a quid pro quo. republicans are calling on e-mails from governor mcauliffe to sort of follow what happened and when quoting from that demand, hillary clinton entered the college i suspect serving relationships. today's wall street story brings one of them to light. we want to see that she is reaction not former virginia governor george talent. as you know, governor mcauliffe's people got back to say he gave more money to to whether candidate who were
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running. so there is nothing unusual going on here. you say why. >> well, it's not unusual for a governor to help the candidates running for the state legislature including the state senator. the reason all of this becomes suspicious is because that the way this whole investigation of hillary's e-mails by the fbi has occurred. everyone does know the former president will clinton met with the attorney general while the fbi was investigating him and his wife, hillary clinton under e-mails. there is such a distrust of government and one of the things that is important as people have confidence that's fair and impartial and people look at the treatment of hillary clinton as a double standard, that others do do the same thing would've been prosecuted.
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and a place like virginia where we have a lot of military veterans, they want to trust their commander-in-chief and hillary clinton by all the polls is doing very poorly with veterans and the military in virginia because they don't trust her to be the commander-in-chief. this just reminds people of the whole investigation and the attorney general after they got caught and exposed in this meeting with bill clinton in the attorney general said that was improper. it is highly unethical. neil: we obviously -- you are right, you can do what you want to sort out in this case the state senate. he would have been no, you know who she's married to. they say as much as we would like to help, we know how that would look. >> i don't know if they did or didn't. that's hard to say. i hate to make allegations that can't be proven. when they were recruiting this
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particular candidate to run in a northern virginia district, senate district, i don't know how much they know of all of that and if that happens, how that would affect an investigation. generally speaking all be very honest with you, whenever i was governor record in candidates he wanted to recruit the best candidate who could win. this is a close race. fortunately they senator one. neil: target is to get on it, as tough as it, be disqualified for that because other merits to a guy, you are smarter than this than i am, with team to have a prominent role in handling the e-mails. even back then it is no he was a high vote dealing with a lot of cases and certainly sent him like this would be helpful. >> well, this again is because of the untrustworthiness of the
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clinton campaign and their operations. generally speaking, the criteria for who gets money was a close race and has a chance to win. that is generally the criterion. this was a close race. neil: we should stress that. it was a close race. >> actually lost this election by 20% and got all this money, he was great even without this, that was a foolish waste of money. this is a fairly tight in one of the key battleground races throughout virginia. nonetheless, it reminds people who think there ought to be ethics reforms in washington and to remind the way donald trump should handle this is get back to the point that he made that this contract with american voters on ethics reforms as well as the jobs issues regulatory is just so slick that they look, most people don't think washington operate in a way that is looking out for the people.
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whether that is right or wrong, that's the sentiment that the american people. a lot of what donald trump said of his contract with american voters in gettysburg resonate than sable, we can't have this corrupt system. we need people that are going to be in there looking for ways to make america more competitive, safer again. you have integrity in government that is absolutely fundamental. neil: governor, thank you very, very much. keeping an eye on the media stock still in the news gave randall stephenson trying to solve at&t and time warner. they just wrapped up an interview with a.m. to peak at. apparently none of the tough questions that should be coming up are coming out. we will keep you posted.
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call now, request your free decision guide and start gathering the information you need to help you keep rolling with confidence. go long™. ♪ neil: we're watching, apparently liz warren is still speaking. very long introduction. she is still speaking and ripped republican senator kelly ayote in a battle to hang on to the senate seat. one of four that democrats hope will go to give them control of the senate. that is if hillary clinton goes on to win because the vice president would be tiebreaker and that is all it would take to get control. blasting donald trump who is a little bit further south in florida right now. outlining his plan for the first 100 days of his administration. adam shapiro, with the candidate
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and, st. augustine, florida, the latest stop in his mission. adam. >> that's right, neil. he started laying out his agenda once he is elected president in gettysburg, pennsylvania, but this morning he was at two roundtable discussions. one in west palm beach and another one here in st. augustine. we have video of one earlier this morning he reiterated some of the key points he wants to bring into play if elected. constitutional amendment to impose term limits on members of the congress. withdrawing nafta and trans-pacific partnership. labeling china as currency manipulator. what is impressive, to eliminate 70, to 80% of regulations causing problems for small business and american business. here is what he said. >> we have, and you have situations out, regulations which we're going to cut, we will probably cut 0 to 80% of
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the -- 70 to 80% of the regulations. reporter: not only promising to cut regulations but promising to put americans to work. we spoke about 4,000 people who will attend rally here in st. augustine. one is the man by name of bill snell. he told me why he is passionate trump supporter in his own words. >> we're just ordinary people. i grew up on a farm. she grew up on a farm. we know what it is like to be down and out, you know. we're, we're not educated. i went to high school. that is as far as i went. did my stint in vietnam. he is is up for the military. i want military to be back. reporter: they are passionate about donald trump and they're waiting for him to appear roughly around 3:00 p.m. neil? neil: adam, thaw, very, very much. part of that 100 day campaign, first 100 days of trump administration shoul
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to help businesses prosper, do well, not only eliminated taxes but dramatically cutting back on regulations my panel is telling me is the bigger bain on business today. whether they're from the right or left. with us now, is zane tankel and butch and owned -- rhonda. as the democrat here she has a plan for large access to capital and make it easier for get loans but not doing a lot about regulations which bothers some small businesses. how do you feel about that. >> we definitely need to continue to focus on cutting through the red tape to make it easier for businesses to flourish and have access to programs that will gain more access to capital and to support them in that, their growth. and -- neil: but is it enough to say, i might get you more sba loans, that enough to cut it? >> definitely needs to be
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support and -- neil: which is -- >> to be able to access loans, right? she is very dedicated to cutting back also on regulations, so that we can have it more direct this is what you saw happened in the obama administration that created 15 million new jobs that -- >> that is not small -- >> 2/3 of the jobs were small business jobs. neil: in other words if you like what barack obama done, even though weakest recovery on record that is what she is going to do? >> eight million jobs were lost during the last republican recession and so, of course the growth could be fastter but, the we also building back up. and so now i think we're at a pivot point where we are seeing with her plan 10 million new jobs to come online. neil: no way of knowing that for sure. what you heard some of those arguments what do you think. >> she is not specific. at least trump is saying i will cut back on taxes and corporate taxes. neil: what would help you? >> cutting back on corporate taxes. getting middle class to have a little less taxes.
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neil: tax rate of 15% would -- >> sure help me tremendously, put money in people's pockets. neil: you're in the catering. >> catering business in long island, new york. >> i willville have parties people come into the restaurant. same thing with obamacare. they're not going out to dinner anymore. everything is in backyard. talk about getting all the jobs. neil: going to zane's restaurant. >> of course. neil: your business is doing very well, isn't it? >> the entire space, i'm glad you're smiling, neil. the entire restaurant space is struggling from quick service to fast casual to casual, even fine dining to some degree. neil: what would a donald trump do for you versus hillary clinton? >> you know, i want to believe he will do a lot, but frankly, i'm, i don't have a confidence he knows how to get it done. there is vast difference between running a four or five 6 billion-dollar company and running a multitrillion dollar economy. and -- neil: for people to make the
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call to go to applebee's or whatever, you're very successful restaurateur, that is not a killer price point. it is not as if -- >> it is not. neil: not as if del frisco's steakhouse. that is price point entertain people going for good food, et cetera? >> it would, i work with rhonda, so no offense to rhonda and democrats but reality is, there are things like health care, which people never had before, and i was taking a look at all the space -- traditionally if you didn't eat fast-food you upgraded to casual dining. if you went from casual it went to fine dining. it moved. >> people having. >> all the space is underwater, first time ever in the restaurant industry. i take a hard look at this, i can't figure out what would affect all the space. neil: what would help you? >> certainly regs. the dob, the nlrb, she is talking about unions and moving unions out. you know, neil, someone asked me
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once if we made our iphones here in the united states instead of putting them together in china, or thailand you would pay $5,000 for the iphone because it is really nice to say you make $50,000. but somebody pays for it. neil: owned today, would it be enough? -- rhonda? we'll give you final word since they're bashing candidate, is it enough to look out to try to deal with regulations because they seem to pile on and on? >> no. takes much more than a comprehensive approach. there are other promises trump is committed to, like defaulting on the dollar and our debt. that will -- neil: well he is not -- dialed that back a little bit. but do you think hillary clinton -- >> reducing education by $73 billion. so, it has to be -- neil: all the health care, everything else he wants to repeal get rid of health care. that is eating away -- >> smallest businesses you're exempt from obamacare. >> no, they're not. >> for smallest ones you are.
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>> they have to still pay. >> there is movement reforming to public option reduce for everyone. neil: right now they're dealing with all high premiums and everything else. >> premiums are already going up before. actually i believe, sloyer -- neil: you have to admit disappointment? it hasn't panned out. even obama -- >> even what bill clinton said. >> we're progressing in the right direction to cover americans so that we all have health care, just as every other modern country in the world. >> rhonda, the quagmire of government regulations to run a business, one has to go through is incredible. dob, nlrb. it is alphabet soup. >> you have local regulations. >> i work day in, every day, every day in day out working with over 500 businesses. >> you work with us. you work with us. you're terrific. >> "wall street journal" named us number one district in new york city -- >> you do a great job. you do a great job.
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neil: can you talk to hillary clinton then? >> because policies i enacted in my local neighborhood past two years. neil: you don't hate business people. you don't hate business? >> hand in hand. >> absolutely. rhonda understands. she doesn't understand in all due respect to you quagmire one has to go through to achieve a bottom line that can keep up open. >> or open up a business. >> most red tape was eliminated under clinton administration. there was massive overhaul. we'll probably see more of that. neil: bill clinton administration. >> you about he is a businessman. he has a chance. she never really did anything. neil: you're not growing to get any catering contracts at the -- >> hopefully he is sleeping with her and she is sleeping with him and they talk to each other. neil: we'll leave that at loan. look at the time. look what is going on right now. hillary clinton is finally speaking. she had a very long introduction
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by elizabeth warren. to rhonda's point she is outlining she will help a lot of businesses. did hear apparently beforehand what zane was saying, well, i can't repeat it. making that up. more after this. increasing the risk for me, the shingles virus. i've been lurking inside you since you had chickenpox. i could surface anytime as a painful, blistering rash. one in three people get me in their lifetime, linda. will it be you? and that's why linda got me zostavax, a single shot vaccine. i'm working to boost linda's immune system to help protect her against you, shingles. zostavax is a vaccine used to prevent shingles in adults fifty years of age and older. zostavax does not protect everyone and cannot be used to treat shingles or the nerve pain that may follow it. you should not get zostavax if you are allergic to gelatin or neomycin, have a weakened immune system or take high doses of steroids are pregnant or plan to become pregnant.
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the most common side effects include redness, pain, itching, swelling, hard lump warmth or bruising at the injection site and headache. it's important to talk to your doctor about what situations you may need to avoid since zostavax contains a weakened chickenpox virus. remember one in three people get shingles in their lifetime, will it be you? talk you to your doctor or pharmacist about me, single shot zostavax. you've got a shot against shingles. >> good afternoon. i'm lori rothman live on floor of new york stock exchange with your fox business brief. stocks are higher today on the new state of deal -- let me run through a couple biggies.
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two of the largest airline suppliers will merge. rockwell collins purchasing bea aerospace, airline interior makers. bea -- be aerospace soaring up 16%. this is valued at 6.4 billion, plus 1.9 billion in assumed debt. moving along, the online discount brokerage industry seeing a deal today. td ameritrade to buy scottrade this is $4 billion value deal but cost 4,000 jobs. earnings front real quickly, t-mobile, number three wireless carrier, 17.8% rise in quarterly promotions. john legere will be on "countdown to the closing bell" today.
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neil: you know, this cybersecurity thing is big. that sounds naive, like i'm under stating the biggest statement of year. think what happened within 24 hours period, likes of twitter, spotify, amazon, paypal, kayak, box, reddit, etsy, "new york times," all hit, all down at various times and it was that easy. what is going on? what is happening here to make
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this happen so frequently now, such a widespread basis? cybersecurity expert brian finch. something was coordinated here. it was almost too easy here. what happened? >> this is part after trend going on for years, you may remember, neil a few years ago coordinated attacks on big banks. neil: yeah. >> run by the iranians against some major banks in the u.s. where it made it hard to use your website portal to move money between checking accounts and pay your bills, et cetera. this is same thing just on exponentially large-scale. why? we're seeing internet of things growing. your connected fridge. connected television, cameras, baby monitors, air conditioners, they have the ability to connect to the internet and conduct these type of attacks that will overwhelm websites and crash them. neil: they're using in this case, not exclusively, a lot of times, your home security camera system or a dvr to then get to
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these sites or shut down your internet access period that affects these sites? >> they are shutting down websites by overwhelming them with traffic requests. if a number of people, like when you have a concert and ticketmaster website or shopping website getting overwhelmed with traffic and crashes because too many people are trying to get on at the same time for a deal. same thing is happening here, except a deliberate effort by cyber criminals who were exploiting these -- neil: who are those guys doing that? you think of russia or think of china, north korea, who? >> sometimes it is the states again with the banking example, it was iran. it could be individual cyber criminals. could be the anonymouses of the world. this was probably retaliation for the u.s. pressuring ecuador to cut off julian assange's internet access that is the most likely scenario here. remember, neil, this is incredibly simple to do. you can hire somebody two dollars an hour, 4-hour minimum
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to conduct denial of service attacks. to put that in context i can't get my kids to clean their room for two bucks an hour or eight dollars an hour. i can shut down a major website. it is getting easy and cheaper. neil: more frequent, i guess? >> that is the thing. here is statistic to think about. we talk about interconnected things and devices. between 1990, 2015, there were growth to five billion connected internet devices. by conservative estimates from 2015 to 2020 we'll see 50 billion connected internet devices. some people say upwards of 200 billion with a "b." everyone of those devices can call out, make al website request. when that happens, all these devices being insecurely manufactured, default passwords, no security. can't be patched remotely. they will all be able to conduct attacks t could slow web traffic
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to a crawl, if not a complete stand still. neil: brian, thank you. i think. brian finch. security expert. thank you. >> thank you. neil: when you talk about whether there will be any counterbids now for time warner, think of companies that could conceivably launch one without going into debt. apple comes to mind. it has that kind of cash right on hand. what is it going to do? after this. protect this custom, who lives here and flies to hong kong, to visit this company that makes smart phones, used by this vice president, this little kid, oops, and this obstetrician, who works across the street from this man, who creates software. they all have insurance crafted personally for them. not just coverage, craftsmanship. not just insured. chubb insured.
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neil: me and the guys just talking baseball, that is what we do, right? back to apple being a major player in the takeover deals. has a lot of cash. apparently kicked tires of time warner, thought better of it. we have a tech expert. what do you think of that, apple could emerge one way, shape or form? what do you think?
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>> apple could have. face it, apple has a lot of money on hand, they want to diversify. the same way at&t is wanting to get into this, they want to diversify. the world is all content distribution. neil: why do you think if the stories are true, they looked at time warner, and thought better of it? >> yeah. so what they're saying is, they would rather focus on the web than creating original content. they're thinking more netflix, amazon direction rather than time warner but that could change. that is not to say that they will not look at a competitor in the future. neil: you think about it, apple probably has more money than anybody just sitting in a vault somewhere, right? they wouldn't even need financing. do you, when you look at what directv has done to -- at&t with all this debt and how something like this transaction would make it the most indebted company on the planet in history, how is that going to work? >> yeah.
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you know it will be fascinating to watch. i think it will be interesting to see if the merger makes it all the way. a lot of things can happen last minute as we well know. a lot is about original content. look what time warner has going for it. great content. hbo this is kind of stuff apple really wants its name to be synonymous with. their brand is important. apple has been about the brand and certain aesthetics. neil: why couldn't apple make its own programming? that seemed to work out well for netflix? >> that is the goal right now. remember this is whole new area for apple. can he compete at that level? can they get original content, right? neil: i get you. >> that is matter of time. we'll see if apple can do it that is the goal. they want to compete with amazon. they want to compete with netflix. can they? we'll see. neil: thanks very much. great having you. >> always a pleasure, neil. neil: more after this, including how all of the talk is boosting
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neil: all right. reaction from fans understanding that fbn will be handling election night coverage here. they're very excited. nonetheless, chicago cubs fans on the right, indians fans seem a little calmer, but that could be me. trish, to you. trish: we're all excited. we're only 15 days away. thanks, neil. neil: i know. trish: lots of news going on, donald trump is about to take the stage in florida. that is a state this guy just has to win if he's going to have any kind of path to victory. we're going to be covering that for you momentarily. meanwhile, hillary clinton speaking in new hampshire with hard core liberal elizabeth warren, and, you know, warren is increasingly pushing her left. all of this as wikileaks drops yet another batch of hacked e-mails from clinton's campaign chairman, john podesta, and they show just how worried the clinton camp is and was about s.
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