tv Cavuto on Business FOX Business January 8, 2017 6:30am-7:01am EST
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televisions share south korea 20% in a year. dagen: john, you look like you have a man cave. do you like it? >> i do have a man cave, but i need a tv with a translator to . >> john you look like you have a man cave. you like it. >> i do have a man cave but i need a tv with a translator to understand what the heck jonas just said. >> i can't up you, i'm sorry. thanks everybody, the controversy continues. >> we look at some of the tax and regulatory reforms that he has been talking about, that gives us a lot of confidence. this is a vote of confidence that he can deliver on these things. >> what is whatever it is, for the shifting gears on till the implant in x ago and switching to michigan per the president-elect are helping fuel the move and that was before the latest jobs report. the obama and ministration is keeping tally. >> it won't surprise you to hear that the president has created over 900 manufacturing jobs and
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is pleased when another 700 jobs have been saved. talk about a backhanded compliment. it's not just the 700 jobs at ford or the 730 at carrier or the 200 at dow chemical. up to chemical. up to 10000 at steel company. 50000 that the president-elect was promised from softbank. that's not too shabby from someone who is yet to take office. no matter what the people say working for the guy currently in office. hello and welcome. charles payne is with me tonight jerry willis along with gary and adam lukens gay. a big shout out for her to filling in for me. this prickly white house response to this pretty good job snooze. donald trump news, right. >> donald trump is plugging the
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sound that ross perot warned us about when they were negotiating. he's plugging now : that's a big deal. >> you give him the credit. >> they were kind of dismissing it. >> of course, but you have to give them read it. it wouldn't have happened without donald trump's pressure. it's in plain sight right in front of us. it's an amazing thing. by the way. i will predict the reason trump picked on the chevy cruz, of all things, is because they are supposed to for loan 1250 workers out of work. i bet they find a way not to do that, perhaps before the inauguraon. these guys need to play ball because they not only have to worry about the president but the american public was behind them. people are going to buy your product if they think you're shipping jobs away. >> without having to do anything but just the threat of doing something does it. >> yes, this in. some of these jobs were going to stay anyway. the softbank example, i think is wrong. >> sprint you mean.
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>> yes, soft bank owns sprint. >> there's going to be a 50 billion-dollar commitment. >> i can't make commitments beforehand but here's where trump has been effective. in the past, the notion of the corporate investments in mergers and acquisitions, the onus was to save money, and the immediate impulse was to move jobs overseas. it ain't happening now. the impulse is well, if we move jobs oversee, we will get hammered by his twitter account twitter account and that's bad for pr and bad for us. now the thinking is how do we keep jobs here. that is a very good thing. >> it's a huge turnaround, no doubt about it, but it's a situation where he's trying to ramp up electric car production and needs a lot of people with backgrounded making cars and can make decisions and learn quick. he will do that here in the u.s.
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where workers can make that happen. >> do you think gary, that could go too far? obviously you want want to protect and nurture american jobs, but the way that donald trump is going about it might be considered strong-arming. >> while it is strong-arming and the one thing you have to be careful about is what if there is one or two companies who say were still moving. who's gonna pass legislation that says we have to pay a 35% tax if we moved to these places. >> that is unless you never do it, the threat is good enough. >> rig, but for me, the psye of business have change. companies like ford are not making these decisions lightly. if we can continue, it's how how businesses feel that mean everything going forward. if we get this virtuous cycle of businesses will continue to rock it gets better and better and then we really start to see some serious growth. >> i was listening to josh earnest on this snarky white house response to this and it
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instantly made me want to go to you. [laughter] >> i knew where you were going. >> did you think that response was appropriate. >> that's what people in politics do so sure it was appropriate. he didn't see anything inappropriate with the 900,000 jobs figure, and by, and by the way, i don't think field said anything inaccurate in saying that trump appears to be creating a better regulatory environment. >> so he's bragging about a little over 800,000 hundred thousand jobs, a tenth of that donald trump has secured and he's still not even in office. that's me being snarky back to you. >> i'm trying my best not to be because i cover the business world and i'm not in politics. i think everything you said is
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true and accurate, and i would just say, you asked gary, is the the president-elect in danger of strong arming tactics? yes, i think these are downright un-american. don't tell company, go ahead and do that and i will punish you. >> that's a slippery slope. i will say this. >> that's called fast of them. >> why is that called fascism. >> when the government starts telling people what to do, when they play a heavy hand directing the economy, that the form of fascism. >> it's not even a soprano reference. >> okay it's called mafia. my point is the ford guy said, he said were staying because of donald trump and his policies. the obama administration, the liberals don't want to accept
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that. donald's policies,axes and lations is why. >> your calling th president-elect president. >> i'm sorry. >> you think it could wear out. >> donald will have to make this a more attractive place for them to stay because he has to do that he needs the republicans to work with him. mexico has so many more advantages over america with respect to some other stuff. a ton of them. >> we have a better workforce. we have smarter workers that can make the kinds of technologically advanced product that american manufacturers want to make now. >> companies are paying through the nose for those workers, as much much as they might value those, when i can get some -- >> there is a tipping point where the cost forces them to leave.
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>> i think part of the decision was also that he wanted to have the people close to detroit where his engineers are on these new electric cars so they can have the advance workers able to make this products. >> yes but that's one $.6 billion they decided not to spend in mexico. >> let's not forget something important here. you have to remember the rules and regulations, and the taxes and the fees have been so onerous that it killed the coal industry. it destroyed it. other industries are heading south. it would take much of a change to really get things going. all you have to do is get out of the way, government out of the way and let them do their thing. >> so president obama tried and failed, he said he wanted have regulatory reform and he failed at that. i think the new it ministration could do some good work, but if the american people are sort of two-faced on the subject.
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they say they want american jobs but they don't want to pay higher prices. they shop at walmart. we will see what happens, if prices go up on cars. >> the president said he wanted regulatory reform. he got the regular regulatory reform we didn't want. >> what adam said is a very important point. if donald trump had to rub up and mean what he says and do what he says, will people out of sick of american pride set that up and pay more for these items are look elsewhere in the face of them? >> there are people who buy more more -- pay more to buy american. >> one of the real concerns is exactly that.
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there's the cutting of taxes, the tariffs and trade war and those are conflicting for us to see where it comes out in january. we really don't know where he's going. >> let's take a quick break and then video of the vicious attack streaming live on facebook. it's hard enough to watch for one minute so how is it that facebook let it run for 30 leap [vo] quickbooks introduces jeanette.
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tortured streaming live for 30 mite think about that. thirty minutes. mark zucrberg said he wants to talk about the folks about the future. to adam on whether he should just a back in the shop and focus on the massey has on his hands now. what you think adam. >> the good news is i don't the he's going to be doing that to her in an rv so that jack can get back to menlo park pretty quickly. he needs to pay attention to this because facebook does not want to be thought of as a media company. television broadcasters are responsible for what gets aired over their networks and facebook says well it's really not our concern, but they are very worried about this and they want to do something about this. they know what the problem. >> we were talking about this with broadcasters, ourselves included, the responsibility we have to be careful, we've careful, we've slipped up to what horrible things have happened live so we have eight or 62nd delays but this is something that ran for 30
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minutes before it was taken down and were still not clear how that was paid what does that mean now. >> with great power comes great responsibility. zuckerberg has gone to all the states because he has ambition, perhaps to be president one day. he said he wants to listen to the american people. we don't necessarily need them to be orwellian, but 30 minutes, there has to be a better way to flag something like that for less than 30 minutes. also some of the terrorism stuff. he has a lot on his plate and out lot of responsibility and he has to step up to the plate. >> not just siling theout but facebook, six times within the past month a woman witness it's her boyfriend getting shot and killed by police, someone else commit suicide, it's watched live, again and again. >> i understand free speech, but where do you draw the line.
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>> all icm says i'm having another gold day, nominal learn korean and now i'm gonna learn chinese. i think it's clear to many americans that this is appalling. i'm glad we were able to see the video, first amendment rights, we saw it we know what it is but 30 minutes of the. >> the idea is it gets terrace and they can say it could be life. >> we should say cable operators, our our network has a different responsibility than nbc. we can do things that nbc can't be. where facebook sits in that sort of spectrum is uncharted territory, but it's probably. >> they can do whatever. >> it's more like us. >> even if they don't want to be considered a news organization, even even if they were to be considered more like cable. >> i think some of us is good.
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that's cold evidence. they were able to find those people pretty quickly because there were so much of them on the two. they were able to find terrace pretty quickly because the doing their disgusting acts. >> they do the promotion of their message. >> that's a whole other story. >> the big problem is when you'll have you'll have over 1,000,000,000 1/2 people who half people who constantly press a button and go live, i gather it's very tough. facebook did come out and renounce a little bit late, albeit, they did it. they need to definitely come up with some kind of algorithm. >> i'm not nearly as up on this stuff is adam's, but i heard it explains me that is easier said than done with close to a billion customers using your stuff. so many thousands, tens of thousands are live simultaneous that you can't do it, then i said all right, and understand that maybe, but this was going on for 30 minutes.
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what am i missing. >> i believe that, i would flip that on them though because they're very fond of bragging about their artificial intelligence and their predictive powers and their algorithms so we need to be convinced they're doing everything they can to not only catch it when they can, but they think they have the ability to predict this kind of thing. >> isn't there a self-correcting notion here, broadcast television run stop that finally we wish they wouldn't. it's a looser environment so to speak. this was self-directed by talking about it and seeing it. by the way, the video led to the capture of those kids. >> it's a good point but it still ran for 30 minutes. >> like i said, it's not perfect but it does correct it. how are you want to make it perfect. >> i don't know, i was asking you.
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>> those four detainees released to saudi arabia, good to them, but i'm not so good for us. the odds of them returning to combat, one and three. by comparison the odds of winning the powerball lottery, try one and 292 million. gary is wondering why we are gambling with gitmo. >> very good point. what you make of it. >> i find it ill that the moves out of the president in the last
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few weeks was to rip on israel and yet let some of these prisoners go. i have to read a little quote for you because intelligence now says these people are low-level islamic extremists. we are now defining them with a low level or high-level but sending them back with 30%, it's not just these few. they're talking about another 15 or 20. i don't get it and this disrespects the next president who may want to do something different. >> adam. >> this is inconsistent with american values to hold people without giving them a trial. the president has tried for eight years to do this. i see him as fulfilling a campaign promise. >> these are dangerous guys, don't you think. >> are now in saudi arabia that doesn't have a great, great record on the stuff. >> we have a way of killing people who present a clear and present danger and we've done it repeatedly with these drone stakes. i think president has a good record on that. >> i'm looking at the recidivist
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good. >> enemy combatants. they don't get the u.s. protection u.s. citizens citizens get. i think it's the wrong way to go about it. >> we could always make mistakes, that's a very possible here's the problem with president obama. it seems like he just wants to close gitmo so much that he will just let anybody go. >> 34, 35, 19 are slated before he leaves. this has to be the worst of the worst that are remaining. >> that's about a mind there's no no such thing as low-level when you get down to the bottom of the arrow. these are the most vicious, hard to understand, i thought the rate would be significantly more than historical average and their savages. it's just unfortunate. >> i thought when they were returning the goal and one right back up the other. >> you worry about that. >> longer term, jerry, what you see the fallout of this if
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there's no more gitmo. >> later, years later, six months later, three months late or hunting them down all over again. it just again. it just doesn't make sense to me. >> it is what it is. the money is being what it is in the money will go elsewhere. >> thanks to jerry and charlie. meanwhile, if you want to start the new year off right, you certainly want the name that they're what super poligrip does for me is it keeps the food out. before those little pieces would get in between my dentures and my gum and it was uncomfortable. just a few dabs is clinically proven to seal out more food particles. super poligrip is part of my life now. (snap) achoo! (snap) achoo! achoo! (snap) (snap) achoo! achoo! feel a cold coming on? zicam cold remedy nasal swabs shorten colds with a snap, and reduce symptom severity by 45%. shorten your cold with a snap, with zicam.
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i think it goes at least to $100. they like these stock so much they're buying them with their own money. >> vanguard, it's a big multinational, these will get hit less. >> gary. >> mastercard, consiently strong earnings. expecting another strong 2017. it's it's breaking out of range here. >> expectations that the
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consumers are still going to be buying. >> in a very good way, especially when taxes come down on people, they they recognize that. >> watch closely. thank you all. will continue with david on the place for business. fox. >> . >> well, he won the election and he's almost sworn in as president, but the fight to stop donald trump's agenda rages on. president obama this week on capitol hill rallying democrats to protect obamacare from trump's election promise to repeal it. some here are saying the unprecedented visit and other last minute road blocks could delay reforms and our economic rebound, but are they right? hi, everybody, i'm david asman, welcome to forbes on fox and focus, with steve forbes, rich, mike ozanian, elizabeth macdonald and bruce. steve, it looks like president obama is trying to under mine the change americans voted
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