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tv   Cavuto Coast to Coast  FOX Business  November 17, 2017 12:00pm-2:00pm EST

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vehicles for the united states, and 10 for canada. tesla's stock up. walmart down. maybe for other reasons. that's it. friday afternoon, almost. my time is up. neil, sir, it is yours. neil: thank you, stuart. we're on the tax reform effort. clear that the senate finance committee is long way from down. full senate will take this up presumably after thanksgiving. they want this done before december 12th. if that date rings a bell, that is special election in alabama. there are polls that show roy moore could be a world of polling hurt. down nine points in latest numbers. that doesn't necessarily mean he loses. right now in the polls, they're consistent now, he is losing. independent journal review, erin mcpike. "daily caller" news foundation. chris bedford. erin, to you the rush in the senate to get this done well before this time. sounds like aggressive time
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schedule but play it out. >> this is aggressive time questioned all, it will be tough especially sexual harrassment allegations that keep piling up. as you mentioned there is a thanksgiving break. a number of senators hear from constituents. democrats are mobilizing on this. a lot of commercials in the washington area, where those are targeted so far, have been kind of bad. if this thing gains momentum over the last week you will which see a lot more of that advertising. democrats will make the case that these tax cuts favor the wealthy and they can point to a number of provisions in this senate bill, that a lot of democratic voters aren't going to like and independent voters might not like. rob obviously ron johnson made the comment how the bill favors corporations over small businesses and there are a lot of things they can point to draw out constituents. i'm sure a number of senators who might be on the fence will hear from them.
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neil: she is right, chris, a lot of the attack lines the rich versus the poor. the rich don't do well in some high-taxed states they will actually pay more. the gist of comments is lot of credits that middle and lower income taxpayers, they phase out after five years. after 10 years, they conceivably shift to disproportionally benefiting the rich. having said all of that, the one thing that seems to stick in the craw of a lot of people, gaining traction in the surveys, most of the corporate cuts are permanent and all the individual ones are not. what do you make of that? >> larry kudlow talked in the dale -- "daily caller," come up with this tax plan, that the individual tax rate was afterthought. when they wanted to do was come up with a pro-growth tax rate. something that gave a boost to business, a massive slash to
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corporate taxes, bring more companies back to the united states. help the economy that way. he literally said that as far as individuals go, somewhat may, let the house and senate battle it out. this is the focus. the focus was business. that might make sense economically but it will be a difficult for republicans to sell it to go back to the voters. i think senators like ron johnson can be absolutely brought back on board with this bill. neil: kind of a quest for relevance here, myself. or that, look i find something wrong with a feature that hasn't gotten much attention. i'm not dismissing his angst but differences between smaller businesses and larger ones, it is legitimate but i don't know if it is as legitimate as he says, would prompt a no vote. where i think chris is right, erin, the individual side of this is more of a mess than the
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corporate side. if you think corporate taxes pure spur the economies are you have to hope by cutting those taxes businesses reinvest, not just in their own stock or boosting their dividends. history suggests that is exactly what they will do, but what do me take of that? >> it may but is that a bit of gamble? neil: absolutely. absolutely. >> we've seeing increased economic growth and it is cyclical. this might not go the way they're projecting. it is based on dynamic scoring than static scoring, and that is a gamble. neil: chris, they are free to do with their money whatever they want, and they have a responsibility first and foremost to their shareholders but if they use the tax savings to plow back into their stock, buy more stock, boost their dividend, it will have desired effect, it will help capitalism, yadi yada, but it will not
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necessarily boost jobs f they use the money to buy other companies you could make an argument near term it will cost jobs? >> that is absolutely right. that is what you hear democrats continue to make the point of. that is leading -- i read a story today, analysis in the "new york times." it went through all of this. and dismantled the republican arguments one by one, by one. that is what a lot of voters will be hearing about. this will not do much for job growth. that could kill the bill as far as momentum is going right now. neil: just conjecture. only base that on the last time president did something like this where he granted the equivalent of a tax forgiveness, lower rate to entice monies back home. that is exactly what a lot of companies did. you could argue it set the stage what ultimately will be lean and mean balance sheets we see today. chris bedford in the meantime in that vacuum, publicity go to
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those worried about companies looking out for their greedy interests. you say what? >> it will. it has some truth to it. we've seen that happen in the past. we've seen what reagan said rising tide raises all ships. neil: absolutely. that is what they're hoping for. rising tide. >> make america great and continue to expand here and hire more people. if the employment rate goes up and putting money in the economy, democrats can talk about whatever issue they want to in the midterms but republicans will have a leg up. neil: thank you both. the dow is down 95 points. let's say republicans get what they wish for, ultimately fighting in the united states senate this becomes the law of the land next year. pollster lee carter that is the proof in the pudding. >> that's right. neil: the net you're getting in paychecks across the country. individuals have to see this.
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if you go for average reduction of taxes for $1800 for average family, that works more than $6500 a paycheck. assuming most people get paid every other week. will that move the needle. >> the problem is we're so polarized as a nation it is hard to get facts and understand what is happening. so much what is happening perception is reality. when you're on the left, looking at this, this will benefit the wealthy. this will not benefit me. they -- neil: playing come big book characterrers. >> this will be a huge break for me, seeing $65 in my paycheck. that is not enough to do what i want to do. on other side you look at we got something done. the real question how people can come together right now? i think what has to happen in the senate they have to sell this better, so people know what it will do, buy into what the corporate tax will do, spur growth, feel confidence in everything coming back, not just
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the money in the paycheck this is a pro-growth plan. this isn't just a tax cut. neil: i heard one senator, the name escapes me, will taxes be lower than where they are now for most people in this country? yes. >> absolutely. neil: play off that you want to be in the group getting lower taxes, right? there might be other people come to the realization i presented, $65 net gain in your paycheck every week, hello, that is not cutting it. doesn't seem to be dramatic we saw with the reagan tax cuts or going back to jfk. then what? >> then we'll have to look what is happening with small business. small business owners will feel the biggest tax break in 80 years. deductions, writeoffs, saying all going to corporate taxes. neil: what do they do with that? most small businesses are not publicly-traded. they will pour that back into operation. >> they will be hiring. one of the things you see with obamacare, people are looking at part-time jobs. they're not necessarily hiring
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full-time employees. neil: they might boost their wage. >> they will boost their wages. they will hire more people. we'll see some communities really struggling not employing people being able to employ people. with rise of technology, people can create jobs and economic booms in parts of the nation that are -- neil: you hit it dead on right, as you always do, that is lost in the argument. the real sort of unknown potential surprise, good surprise for republicans in the economy could be what happens in the small business side. they don't have the opportunity to plow it back into stock dividends because most are not publicly traded. >> that's right. neil: their only option, they could keep it amongst themselves but they all compete for the same peel of people, pay those people more. you know, open more shops, that sort of thing. that is where you could see it. that in the past where we have seen it. >> that's right. we're seeing a exodus from states like california or new york, there is a lot of taxes we pay to live in these states. people can be more mobile than they ever could before.
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it will drive different growth and innovation. we will see growth in states we haven't seen in a long time if this happens. that is the hope. what i think not all republicans out there communicating in the right way. democrats are being very consistent in destroying what any of these beliefs are, this will hurt the wealthy. they labeled, private, the private planes, private jet benefits and all of that. in reality, most very wealthy people are very concerned they will pay a lot more in tax. neil: you're a pollster. >> that's right. neil: this is a crowd, wealthy crowd votes rabidly republican. they turn out. they will go on broken glass to turn out at the polls. i, i don't suspect they're going to vote democratic. maybe some of them will. but, i don't suspect they will go running out to the polls to vote berepublican. could there be private protest on group you couldn't look for more loyal voters than us, mr. president and you screwed us? >> that could be the case but i think if republicans get this
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done, right, and there is negotiations on salt, if we see some of the negotiations happening on the state based on some other things around the fringe, i think that is what the senate will try and do, people will stay loyal. they will not go to the left. simply not going to happen. neil: asking in 2018 would they run out to the polls to vote, i will wait to next -- >> they will go out the polls. they are very loyal. they are loyal and will get out there. what kind of republicans will be running in 2018. are we having judicial conservatives or more populist conservatives? that will change the way we -- neil: judge moore were to go down in flames here, latest polls look like he is falling further behind, would that give pause to this bannon movement? what are we left there? >> the narrative hire, this is not bannon guy falling not because he is not popular because of his policy, this is story about sexual harrassment
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and inappropriate treatment of women which something unfortunately will cross the aisle. it knows no boundaries right now. i don't think this will harm the bannon movement but i think it will harm opinion of establishment, establishment politicians, big business people will have lack of trust. people are looking for something different in 2018 than we've ever seen before. neil: very interesting. you've been right on a lot of these seminal swings. lee, thank you, very, very much. we were mentioning all the stuff spreading like wildfire on both sides. al franken of course, the late e. you know you're in trouble, certainly in the mainstream media when all late night comics are targeting you. all the late night comics going after al franken, yeah, al franken, yeah. after this. nah. not gonna happen.
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neil: all right. looking live at kala moore. that is roy moore, judge roy moore's wife, speaking in montgomery, alabama. you've been probably apprised polls showing some of the controversy he has fallen further behind in the polls. i'm just trying to check, is she saying anything of consequence here? he is not stepping down. indicating this might be her way of saying he is. he is not stepping down, polls
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show him trailing by nine points in this race. that used to be a safe as republican lock as you can get. we're watching this. meantime we're also watching the on going developments with al franken and his harrassment accuser who has gone online to continue to tweet she received a note from the senator asking to meet and agree she would indeed meet with him. she did not necessarily think these investigations would want to ensue in congress would prove anything or necessary. she is grateful she got apology from the senator. meantime hillary vaughn with the latest on back and forth. hillary? reporter: neil, franken already apologized three different times to tweeden. now it sounds like he wants to give her a fourth apology in person but he hasn't yet addressed the second woman accuse they're came forward, melanie morgan. who says that franken stalked and harassed her after they met on set at a tv appearance. the harrassment wasn't sexual,
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but morgan said quote, franken scared the living hell out of me. he didn't stop calling her home until she threatened to call the police. democrats have spoken out about the allegations calling for the ethics committee to take action. hollywood is turning on the former comedian and "saturday night live" star. seth myers, blasted the fellow alum last night, myers showing this photo of franken groping leeann tweeden while visiting troops overseas. weighing in last night, president trump had tweeted this. al frankenstein picture is really bad. where do his hands go in pictures two, three, four, five six, while she sleeps? last week he was lecturing anyone who would listen about sexual harrassment and respect for women. lesley stahl tape question mark. that lesley stahl tape trump is referring to brings up a scandal that plagued franken during his 2008 senate campaign.
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franken was quoted in a 1995 "new york" magazine article discussing a skit for "snl" where he joked about drugging stall, raping her, taking photos of her when she passed out. during the campaign, franken apologized for the crude rape joke, after facing pressure from women's groups but then later he took it back, writing in his "new york times" best-selling book he wasn't actually sorry. he just did it to win. i learned that campaigns have their own rules, own laws of physics. if i wasn't willing to accept that i would never get to be a senator. now neil, an ethics committee investigation is looming but that process is historically slow and could take years, neil. neil: thank you very much. hillary vaughn. hillary touched on "snl." if you're planning an "snl" episode this weekend do you touch this story, one of your biggest stars, go ahead and go there? let's ask another one of the show's biggest stars. joe piscopo.
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what do you do, joe? >> got to go there. got to do it. you got to hit hard, al would have done it. tough for me to talk about it, because he started the show. he was on before us. we were the cast that replaced the original cast. al and he -- neil: did you guys -- >> we did, we did. if i can, what happened is reprehensible, inexcusable. i can not figure that out for the life of me. i saw, what i saw in al franken during those "snl" times nothing but a very married guy. he never was learing. never was inappropriate. never saw any of that. was around him a lot. tough to sit here with you neil, i told you some of your fox colleagues, joe, would you come on last night to talk about? i hate to keep talking about all this, especially comes from your family, like the "saturday night live" family. there is no excuse for that. neil: was there a lot of this going? >> great question. as a matter of fact, you and i always ask -- neil: leave yourself out of it.
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was there anything like -- >> in retrospect no. the jokes were the jokes. sexist probably but whole different time. you could take jerry lewis, we always joke about, lady, hey. whoa. you could do that, and laugh. neil: where was the line drawn? taking photographs like that of course reprehensible. it was before he was senator. but you saw nothing like that? >> nothing from al franken, never did. neil: anyone else on the cast? just curious, that is all. >> i'm italian. are you going to indict me now? is the fbi over here? honestly. you know me i will not talk out of school. honestly as i think, no, i never saw any of that. never saw any of that. neil: but it is a different environment. >> i did. i did. there -- wow, bruce dern, the
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actor was very rude to some female. just hit me. neil: really? >> he was guess star. okay to mention his name, forgive me. i don't mean to do that there were great gals on the show. won't mention their names and they were, i think very rudely treated and they came to us and talked about it. neil: rudely treated in a way was harassing or menacing? >> thinking back as we spoke, yeah, very harassing. neil: sexual? >> yeah. yeah, that is true. now i feel bad, we should have stepped up. i don't know if the producers knew about it. those days it came and it went. the girls would hit back because they were very, very tough. it's a whole different time. as a father of three daughters, i'm telling you, you metal allie. neil: wonderful girl.
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is it going crazy now. >> it will settle down. neil: how does comedy handle it? >> al would have gone there. but comedy, you can't do any of those sexual type jokes, any of those inappropriate jokes. same thing, they would make ethnic jokes, years ago. you just got to watch it and couch yourself now. neil: do you find yourself, even on the radio now, watching what you say, watching how you say it? >> nah i am. i'm on the radio. that is beauty of our show. thanks to salem media for allowing me to say that still don't know why we're on the air. vote with me and bymy buddies and debbie and am 970. we say what we want, how we want it. i'm a pretty provincial old-fashioned guy. can i tell you a story quick? neil: sure. >> we did the rawlings gold
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glove, i'm in my glory. i'm emcee. derek jeter is there. eric hosmer from kansas city is there. reggie jackson. from new york. he was the guy. that was my generation. i saw reggie, i hope he doesn't mind me telling me the story. neil: mr. october. >> he came backstage, introduced the next act, i went and torre was there and my buddy ray was there, reggie, great to see you. he grabbed both my hands. i know you piscopo, you and your dago friend out there, i know what you're doing. i laughed out loud. i grabbed reggie's hands, you don't know how much i missed those times. could you be politically incorrect and go off-the-cuff. he made me laugh. love you man. good to see you too, reggie. it was heartfelt. we're too sensitive now, yes. when it comes to, father of three daughters, when it comes to being abusive, to women like
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that, you will have to pull back, even in comedy, you know? neil: even though with your comments, we lost the italian-american demographic. don't worry about it. i'm sure there are other. >> you know what frank sinatra called dean martin. 99.9% of all italian-americans have nothingo doith organized crime. the you go. the godfatherneil cavut dot mess with thi guy. don't mess with cavuto. neil: the man who should be the governor of new jersey but he willped out. >> welcome, mr. cavuto, fox business. what are you looking at? neil: sound like rodney dangerfield. >> an italian dangerfield. i'm okay, i'm all right. i'm okay. i'm all right. it's okay. no respect at all. no respect at all. neil: hopefully no one is suing us. the dow is down 81 points. we'll have more after this.
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david: a story that hits home. comcast is interested in purchasing some twenty-first century fox properties. not all of them but a lot of them. lauren simonetti has-moving details. reporter: officers disney, neil, now comcast. certainly rupert murdoch twenty-first century fox empire which is the parent of the fox business network could be in play. "wall street journal" is reporting that comcast approached twenty-first century fox to buy many of the same assets that disney wanted. the film studio, cable entertainment networks, fx and gnat geo, stake in hulu plus international assets. a deal reportedly would not include fox business, fox news, broadcast or local station oars fox sports. the question is, why now? there is a high-speed chase for
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contact in the age of netflix. cable operators are battling subscribers cutting the cord. there is interesting, that there is so much interest after the scrutiny the justice department is giving the at&t-time warner proposed deal, because it allows one company to have so much ownership of content and as well as distribution of that content. so "the wall street journal" is reporting something else. that verizon is in the early stages of discussions to buy parts of fox, and that deal could make more sense, less competition, and verizon might just get more shows to stream. we're not done. the journal also says that sony has made an informal approach to twenty-first century fox. so it is getting active. investors are responding, taking a look at shares of twenty-first century fox. they're up almost 4%. verizon up about 2%. comcast is down, and disney is flat. but that is the movement you're seeing today, neil. neil: lauren, thank you very, very much.
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meantime in the world, facebook and google adding what they're calling trust indicators to police the content and avoid something they have been getting wrap about, fake news. we have someone a little bit cynical about this. this is probably an understatement. what are you seeing, angela? >> facebook is creating a exclusive club of their preferred news outlets. we will log on and get their preferred version of the truth. that is insidious and bit frightening, that facts that facebook and google don't like, they can effect live demote and facts wouldn't see light of day. they would not have access to the audience. >> who is deciding it and what criteria are they using to stream what is believable versus not believable, real versus fake? >> facebook has been particularly opaque about the criteria they use, as has google. we do know from past employees
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blowing the whistle on both of these companies, that facebook artificially manipulates trending topics. they are not topics people are talking about. they are topics that facebook wants people to talk about. google does something similar with search results and take left-leaning outlets and privilege them in the news results. news that is straight news or news that speaks to fox or conservatives are craving and conservatives need to know, everyone should hear, those will be on page two of the google search results which no one will ever see. neil: right. what i worry about being economic journalist, angela, you can make a liberal or conservative economic argument for any parts of the tax plan. you could make an argument that it tilts exclusively to the rich. there is another plan where you could step back and say that it is just as much not tilted to the rich. it is how you delve into the
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data and when certain things kick in, kick out. not as black and white saying martians landing on antarctica. i say that not to patronize, to make the point, that has to be discerned by very, very careful, smart, judges. and people who can go through this with a fine-tooth comb, and not make blanket left or right judgments or say, no, i'm a slave to news, and this is the news and this is the reality. it doesn't work that way with all stories. there are nuances to them. there are other ways to play with the numbers. i know i'm being verbose. when it comes to certain news stories like the tax cut story, like economic matters, there are variety of ways to play it. who decides what of that gets out? >> facebook made an interesting bet on this when they first tried to tackle the fake news issue. what they did, they would let users flag certain stories, and
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what do users do? they flag stories they don't like, whether it is true or not. neil: right. >> so that system would leave us with a lot of extremely popular lies. that will leave us with fake news that people seem to enjoy that day. that doesn't help us move forward. because it is not. the truth is not decided by popular demand. facts are facts, are facts and people voting on things true or false doesn't necessarily make them that way after the facts. so, when you have companies privileging certain news outlets over others you have now created an artificial competitive scenario between companies to create stories that facebook and google are going to like. they're not in service of corporate interests. they're not public utilities. it is not looking to the truth. neil: tax cut largest in history, based on sheer number, what i think he is trying to say, more americans today living than ever have been, and so more
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americans will participate in it and technically by that math he would be accurate but as, we think of tax cuts, for example, coming down from a very, very high level to a much lower level that would be how you define the biggest tax cut, yet, if you got lost in that definition, the definition of fake versus real becomes very difficult, very different and that's why i'm worried about these organizations then coming to their own judgment, what's real, what's fake. you could be just perpetuating the beast. >> right. there are all kinds of ways to frame news story especially tax reform. we have a side saying everyone will pay more, everyone is going to pay less. we have all the different ways to frame it. you can essentially say numbers say anything you want them to, based on how you frame it. the risk of granting more power to the technology companies that only one frame will make it into the public sphere. there are 10 different ways, probably, 1000 difficult ways
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rather, to discuss things like the tax bill. if we're only ever seeing it framed in one way, we'll never get to know all the different impacts that bill could have. that leads to people making uninformed or misinformed decisions. neil: you're exactly right. it is danger in news, particularly covering these kinds of numbers. angela, thank you very, very much. >> thank you. neil: one of my pet peeves, as you know, why on the tax cut thing we're reporting both sides on this, how you interpret it both ways and how the markets can interpret it a number of ways. to look at this a tax cut will benefit some, which it will, maybe not all, which is the case to get into the pros and cons much that. we also get into the idea that something is better than nothing. we can mention that argument and also point out maybe what you're getting here in this tax cut, that something isn't better than nothing. than nothing would be better than something. we thrash it out on two hours as i do on my fox news show for an hour and weekend business shows on fox news. that is fair and balanced.
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that is not left or right things. that is accurate thing. that is are with the nerd in us rejoices. we'll have more after this. ♪
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call unitedhealthcare or go online to enroll. sfx: mnemonic neil: tesla shares are up after unveiling a new electric semi-truck. won't be available for some time. walmart has preordered them for the united states, 10 for canada. we're also told tesla is guarantying the actual -- train of the truck for million miles. unusual it stand by something to that degree. tesla shares up on this. the future roadster coming in a few years. busy bees in electric land. mashable is selling for $50 million. a big drop from $250 million valuation it had at this time last year. deirdre bolton, on what happened. reporter: what happened here, neil, mashable, the blog company, is selling at fire-sale
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price. a viral blog company founded a little more than 10 years ago. it is known for tech and pop culture content. advertisers at the time loved it because the form was easy to share on social media, so advertisers could measure relationship metrics in the same way they do on facebook and twitter but it is just getting tougher, and this is the tougher here, for smaller digital media companies to attracted a dollars. this year alone, neil, google and facebook have 63% of all u.s. digital ad spending. so that is a huge number. every other company is left fighting for scraps. now old-fashioned magazine publisher, sip davis, publishes "pc magazine," a couple old school titles. it is buying mashable. they're paying $50 million. as you said that is 25% of what investors thought the company was worth just last year. you mentioned that $250 million number. that is exactly on point. buzzfeed, another digital
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darlingerring expected to go public, that looks less likely. buzzfeed, if you were a disney princess which would you be, if you were a doughnut, which flavor you would be, big societal questions. these quizes are sponsored by ads. the company says the ads are more creative way for the company to get its name in front of millenials. but buzzfeed may miss the $350 million revenue target between 50, to 70 million, not clear. but the valuation is still higher of 1 1/2 million. one key investors and board members not worried about a revenue short fall for one year, ken, told our colleagues at "wall street journal." what matters that the consumers shift from traditional to digital has happened. the shift will only accelerate. audience behavior always outpaces ad shifts in every media industry. digital is no different. essentially, neil, who cares if
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this company buzzfeed misses its numbers this year. people consume more and more of their news, via social media, via digital properties that is the bet for long term, take it or leave it. neil. neil: i would be the the kroeller. it is light and twice the calories. deirdre, thank you very much. earlier you saw on the broadcast, kala moore saying her husband is not going anywhere, even though the latest polls show him trailing by nine points, his democratic opponent. this is one of the reddest of states. connell mcshane. reporter: many republicans admit there are no good options in terms of alabama and senate race and what comes next with the sexual misconduct allegations adding up against roy moore. should he drop out? what if he stays? what if he wins? can a deep red state like alabama turn to a democrat?
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we'll answer as many questions as we can in a moment. first, let's listen if you had the idea moore might drop out to his wife and his comments from a short time ago. >> let me set the record straight. even after all the attacks against me, against my family, against the foundation, and now against my husband, he will not step down. [cheers and applause] reporter: that seems, that seems like it is off the table, right? but you know, even if it is not, even if somehow he changes his mind and gets out there is debate what would then happen next, leading to a new round of talks about something, that would even be more dramatic. what if senator luther strange were to resign now and trigger another special election? "politico" is the latest to put that out there today. others have been talking about it. as quickly as that possibility is brought up, somebody else comes in and dismisses the idea because, quite frankly they have
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no idea if it is even plausible. as for what happens if he stays in, these poll numbers have not been kind to judge moore at all. fox news with a poll, showing him down eight points to doug jones, the democrat. no surprise, moore is not polling well among women voters. next twist and turn, really anybody's guess. moore not budging. the national republican figures, likes of mitch mcconnell, and others turned their backs on him, there still is some political support back home of the alabama republican party has not given any indication at all that it will try to strip moore of the nomination. he is on the ballot. trails democrat doug jones by eight points. status quo to some degree. neil: maybe alabama voters decide. >> right. neil: let's see what happens. thank you, my friend. there is a meeting they want. jerry jones of the dallas cowboys with some nfl owners. the question is, will they get it? and how do you think it will go? after this.
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neil: we're getting word from the reverend jesse jackson is diagnosed with parkinson's disease. quoting in a letter to supporters, now in the latter
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years of my life i find it increasingly difficult to perform routine tasks, getting around is more of a challenge. he refers to the fact he will get through the daily physical struggles. he will adjust to the disease that he says, and i quote, bested my father. in in the meantime nfl team owners dismissed jerry jones' call for an emergency meeting this at a time when some own remembers trying to take the cowboys away from him. we have michael -- can they expw they do, take the team away from name. >> that is not going to happen, neil. it would go through litigation. there would have to be unanimous support from the league for that to happen. what i see this about, jerry jones, so much that he doesn't want roger goodell as commissioner or for roger
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goodell to say earn $45 million in his next deal with the league. what he wants a big chunk of that to be incentive-based because the league has big negotiations with the networks and players union. jerry wants to light a fuse to goodell to make sure the deals go the way jerry wants to go. neil: goodell, seems safe in his job, i don't know how long the term goes, maybe three years or longer or am i reading reading s falsely? jared? >> i didn't know you were asking me. march 2019 is when roger goodell's contract is set to run through. there is so much discussion about whether or not, the guy essentially the ceo of perhaps our most popular form of entertainment in our country. there is such uproar over whether or not he would eastern between 30, 40, $50 million a year. a couple days ago, somebody paid
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$450 million for a da vinci painting, nine times this figure. this is what football fans are up in arms about. my take, if you're a football fan and you have problem with how much money roger goodell earnings, how much have i contributed towards roger goodell's pocket and all the nfl owners? that is the interesting case that goes on. toughest part for jerry jones, neil, back on sent 26th, the cowboys played a game against the arizona cardinals. he kneeled with his play earns. about 14 or 15 seconds they got up and walk ad way. like most of the owners he did not want to become part of a political fight or a racial fight. i think the biggest deal between the fight and goodell i think jerry jones embarrassed himself. he went against his core ideals were. didn't want it kneel. he blames roger goodell to reach the point where it has. the suspension of the ezekiel
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elliot. neil: the latter one for the six game suspension that he apparently will honor or accept. to jared's point i thought jones was paving a middle ground, goodell could take him up on, that you didn't kneel out the national anthem. you stood out for it but could kneel beforehand. it samed like a middle ground. it was not middle ground ultimately accepted but what do you think of that? >> i think this is culmination to a bunch of issues. first of all, jerry jones has never been one to shy away from going against the nfl. even when he bought the cowboys with visa as national sponsor even with one of his sponsors, american express. that caused a big brouhaha. they got through that. as he is looking at this now as businessman, saying we have declining tv ratings, we have
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declining attendance. we have sponsors like papa john's that are unhappy, this is not good for the business of the nfl. i'm not saying that jerry has gone about it the right way but i'm saying all of those things, the dollars and cents, that is driving this rather than ezekiel elliot. neil: i concluded neither of you were among the bidders for the leonardo da vinci. we'll see. i could be wrong. all of sudden you bring the check as proof next week. i want to thank you both very, very much. >> thank you. neil: dow is down 86 points. we're in danger of seeing our 30 down week here. we'll watch it after this. our recent online sales success seems a little... strange?nk
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neil: all right, real quick correction on the markets, i think i said if we're down this week, it would be the third week. it's the second week. i apologize for that. but my very young producer shouted in my head, neil, you're wrong. that's what i deal with. it's like popeye here, that's my role, that's what i do. meanwhile, the president doing what he does best, tweeting and screaming at democrats as being obstructionists on tax reform. he does have a little bit of a reason for his argument. they are not supporting his efforts with this latest tax package, so efforts to try to win more democratic support apparently have fallen on deaf ears. to former bush 43 deputy assistant brad blakeman and just qatar love. -- jessica tarlov.
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the president seems to be saying it's up to us guys. >> us guys are the republicans, there are a lot of republicans who don't like what's going on with these various versions of the tax reform bill, and for good reason. you made a really important point on this show where you said on economic issues both sides can prove their case. there's always something you can say, so with the tax bill i can say this is terrible for the middle and lower classes, these are the reasons why; alternative minimum tax, estate tax, we know who owns golf clubs. talk about corporate profits soaring, but why haven't wages gone up? because rich people don't give back. i got it all. and then i'm sure brad, in due time, will make the case on the other side. the american people, though, are siding with me on this, and that's really where i think this is going to come down to, because people want to get reelected, and the american public is seeing through this. neil: well, we don't know what they're seeing --
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>> well, they're saying only 16% are saying this is going to benefit anyone but the rich. neil: all right. but to be fair, i mean, if that's what you're hearing in a lot of the mainstream media coverage and as you just acknowledged at the outset, jessica, you can study this and get under the hood either way. but i will say where i agree, brad, is that war is being won in the media as far as the way this is presented, it's skewed to the rich. now, i know it could play a number of ways, so i'll ask you a question as i've asked a congressman who voted against the package in the house, are you afraid of getting what you want? because once people experience the net paycheck gain, they might not be that big, and they might not be that pleased? >> i happen to think that tax reform is generationally long overdue. it's been 31 years. but, neil, i have to agree with jessica in the sense that we haven't done a very good job of selling the kind of proposals that are going to help the middle class. you know, policy is made here in
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washington, but it's sold on main street. and republicans needed to get out on main street, and it's not too late to do that. because the bill is not anywhere near its final stage. the senate -- neil: but it's not simple to explain. i know yesterday the speaker was talking about the $1800 a year the average family will see. so if you get paid every other week, that's 65 net in your paycheck, i'm not dismissing it, but it's not so dramatic that you're going to spend like crazy on it. and tax cuts, by definition, to have consequence and impact, they have to be big. is this big enough for yousome. >> it is big enough for me because between the simplification of the tax code, the reduction of rates and the repatriation of corporate profits, this has amazing potential for growth. now, democrats don't believe that's even possible. they forget the reagan years where growth actually is economic prosperity. they just believe if we send money to the government and they
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spend it for us, that that is the method by which americans are able to rise up. that's not the case. we have to make the message simple, neil. we have to make it -- neil: no, i know, you're quite right. jessica, do you worry, let's say, and democrats are united in their opposition, they've been very organized. but it could come back to bite them, that it looks like you were against everything much as you claimed republicans were against everything, you did when you guys were in power. >> i'm not as worried because the proposals out of the gop have been just that bad on health care and now on tax reform of we ten democrat senators who are up for re-election, and these are states that donald trump did really well in. these weren't just squeakers. of course, we're thinking of claire mccaskill, heidi heitkamp, joe manchin, now we have a chance to pick up an alabama seat, which would be unbelievable. i'm sure you've seen the articles for the potential of a dem wave election for the house. and we want to make sure that every representative is
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representing their constituents as best possible. heidi heitkamp has a lot of constituents who like a lot of gop policies. they want a big tax cut. the problem here and to brad's point -- and i appreciate you saying you agree with me on this -- the messaging of saying, actually, we're going to hike up the corporate tax cut, lower the individual tax cut because it's going to trickle down, it doesn't sound good. i don't think it sounds good from an economic perspective. i remember -- well, i was born a little bit into the reagan years, but i read about it -- [laughter] neil: we did have a lot of jobs in those years. >> and we did in the '90s as well. neil: you're absolutely right. and by the way -- >> and i was awake for that. neil: -- a lot of these investment-related taxes went down markedly. we'll watch what happens. thank you both very, very much. >> thanks a lot, neil. neil: there were 13 republican nos on this house measure, this next man was among them, dan donovan of the beautiful state of new york. good to see you, your argument was the impact of losing the state and local tax deduction
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even with the $10,000 allowance for mortgage interest, it wouldn't cut it for you. >> it really doesn't, and your guests before talking about the reagan reforms, reagan retained the state and local tax deduction. that's how important it was, and reform still worked 31 years ago. this is a tax cut for the rest of america on the backs of new york, new jersey, california and maryland -- neil: well, it's even worse in the senate where they don't allow the $10,000 thing that the house has. >> right. it's even worse. neil: would you be a no vote for that? >> in the current form, i'm a no. in new york, middle class is a schoolteacher and a firefighter, a construction worker, a bus driver making $200,000 as a joint income. it's not rich in new york -- neil: deductions and all of that, so the argument we had all the leadership here including chairman brady said if they really were to crunch the numbers for their constituents, that's what they would say. you say? >> family of four, firefighter and schoolteacher, you're losing
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$16,500 in the personal exemptions, $4,150 per person. you're losing your state and local income tax deduction which is about 10 president of someone -- 10% of someone's salary. that's another 20,000. that's $36,500 already. $10,000 in property tax, that's $46,500 that they could deduct right now besides their mortgage interest deduction which is going to be cut in half. this is a tax increase for many people. neil: yeah. have you been able -- i don't want to put you on the spot -- for how many of your people, they'd experience this? >> 41% of my people file a itemized federal return. neil: so you're concluding that 41% of them would be paying more. >> many of them will. i don't know if it's all 41, but we were promised a tax cut for all americans. neil: everybody, yeah. one of the things i have seen, congressman, i haven't checked the math but it wouldn't surprise me, is -- you know, and maybe these are the rules the senate lives by to make this all balance out. by definition, it's got to be a limited tax cut, right?
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and by definition, limited tax cuts generally aren't going to move the needle for the economy. that's what i worry about. so when people see relatively nominal gain in their net paycheck, for those who do -- >> right. neil: -- are they actually going to be angrier if this hadn't passed? in other words, they get the tax cut, and they're angry that they did? >> i'm like you, i don't want to minimize the fact that $65 more a week in someone's paycheck is a lot to a lot of families. neil: it would be every other week. >> so it's even less. but that's still, to some people, that's important. i'd rather have them have that $30 -- neil: absolutely. but it's not as consequential size wise as reagan's, size wise as even bill clinton's minus the rich because more them even investment taxes came down. i know we have less wiggle room given the rates where they are now, given the debt where it is now, but it means coming out the gate you're behind. >> and you're talking about an average -- neil: that's right. >> so that means some people are
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getting below that. the or in my case, four states paying for the tax cuts for every other state. there was a study by an economic think tank where four states -- new york, new jersey, california and maryland -- will have an increase of about $16.7 billion in the next ten years. the rest of the country would be paying $101 billion less. this is a tax cut on the backs of my hard working constituents. neil: yeah. and you always hear from a lot of those states that, well, you know, we're subsidizing the new yorks, the new jerseys, the californias. the dirty little secret is, it's the opposite way around. your state give far more to the government than they get back. >> every dollar that we give to washington, we get 79 cents -- neil: and even if you buy that argument, it means that average that taxpayers in those states are the ones who feel it until you correct it. and that's a tough thing. >> and this is a deduction that's been in the tax code since 1913. neil: yeah. see, i think what republicans did -- and you're there,
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congressman -- is in the push for simplification, which is great. i mean, they always keep handy for me this card, which is great. but if simplification means in the bottom line you're not noticing a big difference in your net, does it mean anything? i think a lot of people would be happy to fill out a tax form that's the manhattan yellow pages if they get a big tax saving. >> and i believe new yorkers -- neil: new yorkers don't. not new york. that doesn't happen. >> if they are able to do that under the new tax code, they just want to see the same tax relief that the rest of the country -- we need tax relief. we need tax reform. we have to stimulate the economy. neil: all things stay equal, you're a no vote through this. >> that's correct. neil: congressman, if i don't see you again, have a good thanksgiving. >> you as well. neil: dan donovan. when we come back, al franken is facing an ethics code amid allegations of groping and harassment. the way this plays out and the impact it could have on the united states senate that could be very busy with these ethics
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>> welcome back to "cavuto coast to coast," i'm nicole petallides on the floor of the new york stock exchange. so much news has been circulating around 21st century fox, the parent of the fox business network. at this time fox has said they have no comment pertaining to
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the latest reports, but we're taking a look at all these media companies that may have an interest in part of the 21st century fox. you can see that 21st century fox for this month has been a real winner, up about 16%. today up about 4%. verizon also gaining, comcast and diss pulling back -- disney pulling back on the news "the wall street journal" has reported that comcast has approached 21st century fox to buy some of the same assets that disney had an interest in including nat-geo, f/x, hulu. this would not reportedly include fox business, fox news, sports, broadcasting and the like. again, fox has no comment on this, but we have seen these stocks on the move as we noted fox has an up arrow for this month, up about 16%. disney, comcast also higher for the month while verizon has pulled back which also has shown an interest according to "the wall street journal." neil. neil: all right. thank you, nicole.
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charlie gasparino has been following this very closely. what have you got for us, buddy? >> you know, when you talk to bankers out there who bank this space, this is what they say. they say the likelihood -- well, first, they say we're clearly, 21st century is in play, and i should point out i hate covering my own company. i did put a call in and an e-mail to one of our.r. people at 21st century fox -- p.r. people, they have no comment on the report i'm about to give you. neil: did they return the phone -- >> yes, they did. and the e-mail. they returned the e-mail. neil: that's a good start. >> we're all in the same place here. from my banking sources that are pretty good on this stuff, they tell me that we're clearly, 21st century fox, for its assets -- and it's unclear which ones, the common wisdom is fox news and fox business isn't for sale, but nobody says never, okay? that we're clear, that the company's assets are clearly in play. the likely buyer, they believe -- this is what bankers believe -- is some sort of tech
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giant like verizon or telecom giant like verizon or a tech firm that has a lot of money that can do something with this like an amazon -- neil: but not a disney. not -- the thinking among bankers is that disney and comcast have a very difficult antitrust row to hoe on this thing. that these deals, if they did happen, they would have happened already, and that the likelihood of us merging with them or selling to them particularly as the trump administration has laid down a marker on at&t/time warner is low. the low odds. i'm not saying it's never going to happen, but that is the marker right now. so what they're saying is clearly, you know, this company's management, they've retained bankers, they are clearly interested in talking with people that want to buy stuff. the likelihood of a disney or comcast is low, the likelihood of a sale to somebody else in the tech or telecom world is high. and that's where we are. now, what assets are for sale? well, i think everything that
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we've said so far is that it looks like they're looking to sell at least immediately the broadcast network -- excuse me, the movie studios, nat-geo, some of that stuff. keeping that, selling that, keeping initially fox news and fox business. but here's what i would tell you, i don't -- and, listen, they're not telling me exactly what they're thinking about. but everybacker i talk to -- banker i talk to say never take off the table a major sale or a two-prong thing where you sell that stuff first, figure out what you want to do in the future and then you sell this. neil: what would a fox be left with then? >> the murdochs would be left with a lot of money and newspapers. neil: it sounds to me like a downsize, kind of like cbs. >> yeah. that's if you kept the -- neil: right. >> -- if you kept fox news and fox business. neil: but wouldn't that run counter to everything rupert murdoch has built over the last
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decades? >> you know, yes, it would. and this is where i'm surmising. he didn't talk to me about this, about anything, as a matter of fact. neil: yeah, he hates you. >> maybe. [laughter] i don't think so. neil: i'm kidding. >> is he looking to cash out. is he looking to say, you know, here's what i have to do for my shareholders, and here's how i'm going to do it, i'm going to get out of these assets first, then i have a slimmer company, and then i figure out what i want to do with that, and you could sell that as well. that's one way of doing it. you know, it's kind of interesting, if you -- here's my real issue about, you know, the notion that we're, that they're going to sell all those other assets, and this is from talking to bankers that are in the space, sell all those non, say non-core assets, right? studios, nat-geo to, all that stuff, sky, and keep fox business and fox news. the reality is this, i mean -- neil: well, in sky's case, they have the 39 -- >> right. but you get rid of that because you think you may not be able to do that deal because of offcom.
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burdensome regulations. look at our audience space. whether you like it or not, you know, tv news is consumed by an older and older demographic. and that is not a play for the future here in the u.s. i mean, it's just -- the demographic numbers -- neil: are you saying that we're irrelevant, you and i? >> the dem -- i'm just going to say this, it's, and by the way -- neil: because, you know, old is the new not so old. >> by the way, we're stickier because, guess what? we have a loyal audience, people are living longer. but the demographic numbers don't make sense for a fox business and fox news -- neil: we're not dead yet, gaspo. >> for the next 20 years. neil: okay. >> there's a different dynamic. neil: all that working out you're doing is a waste of time. you might as well join me at the olive garden. >> i want to be on a beach when i'm 60. after this report i might be on -- neil: yeah. [laughter] forget waiting til 60. 6:00 is a good --
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>> the upshot of my reporting is lower odds on disney/comcast for the antitrust reasons i laid out according to bankers, but we're clearly in play -- neil: content is still king, right? >> depends on the content. neil: depends on the content. >> and it's still good, listen, there's still money to be made at fox and fox news, fox business. it's just the demographics just don't play -- neil: why do you keep doing this? >> because it's true. i'm, listen, i'm -- neil: you angry kid, you. >> listen, i'm a simple country reporter. i'm giving you the facts. you want fact or fantasy? neil: wait a minute. oh, boy. boss is calling. [laughter] all right. we'll have more after this. >> maybe. you start trading. >>yeah, 5 years already. 5 years, hmm. you ever call your broker for help? >>once, when volatility spiked... and? >>by the time they got me an answer, it was too late. td ameritrade's elite service team can handle your toughest questions right away- with volatility, it's all about your risk distribution.
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now-infamous photo from that uso tour that shows leann tweeden and senator al franken in a position in which he has apologized to her for the photo. he did say that, clearly, it was intended to be funny, and it was not. that alone, that statement is coming under fire. and so there's going to be an ethics investigation in the senate. the chairman of the ethics committee, that would be johnny isakson, won't comment about all of that. this is an issue not only for senator franken, but also for senator menendez. because of the mistrial, mitch mcconnell has called for an ethics investigation because of the issues involving senator menendez. the last time they had this type of investigation was back in the '90s, mitch mcconnell was chair of the ethics committee, and that took a couple of years. here's what coloradan way said about how all of this is playing politically, especially with the democrats since sexual impropriety appears to go both
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ways. >> they've launched investigations yesterday into two democratic senator, bob menendez and al franken, neither of the allegations look very positive for those two and for their party which have been on a high horse of late about sexual assault. >> reporter: now, the senate can with a two-thirds majority vote to expel a member, but that means you need 67 votes. as for anything happening fast, neil, other than the tourists here it is deader than -- [audio difficulty] so don't expect anything today. back to you. neil: [audio difficulty] all right. thank you very much, adam shapiro. [audio difficulty] all right, taxpayers are footing the bill for this whole congressional harassment theme because it does play out, and the numbers keep being doled out. gerri willis has been counting them. what have you got? >> reporter: that's right, neil. amazing stuff. congress' office of compliance making public the total cost of
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harassment settlements for the legislative arm of our government and, well, it's bigger than folks thought, $17,240,854 of your taxpayer dollars going to settlements and awards over a period spanning 20 years beginning in 1997. total settlements, 264 of them over the period with the average award totaling $65,306. now, no details, no names released at this time. we don't know who these folks are. the data that was released because of the volume of recent inquiries according to a letter from the office of executive director suzanne -- [audio difficulty] the office worked as the h.r. office of congress, and not all the settlements are for cases of sexual harassment. they also receive race, disability discrimination, family medical leave. the single biggest year was 2007 when 25 settlements were awarded with a total value of more than
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$4 million. and this year eight settlements have been awarded with a value of $934,000. earlier this week representative jackie speier brought the office to light saying that the office follows strict rules which advantage the institution. claims, she said, are mediated and strict silence about the details of settlements observed. she said two sitting members of congress -- one democrat, one republican -- have been accused of sexual harassment. those mediated by that office of compliance. house speaker paul ryan reportedly in touch with senate majority leader mitch mcconnell on getting ahold of what's called a creep list. still waiting to see the details of that. it sounds like it's very unofficial, but it's a list of folks you shouldn't be alone with in an elevator. mr. cavuto? neil: wow. do we know how many are on is the so-called creep list? >> reporter: no idea. this is something young women on the hill talk about. they know the folks on this
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list, and they even tell you where not to go. stay away from the elevators, other places. be sure not to turn up -- [audio difficulty] neil: incredible. gerri, thank you very much. gerri willis. >> reporter: you're welcome. neil: you know, they're in a bind, alabama, with what to do over roy moore. he's trailing, and they've tried to maybe force him to step down. by the way, he's not. to kennedy, who's been following all of this. what are we looking at? >> here's my scenario, neil. thank you so much for having me today. neil: it's nice to have you. >> thank you. neil: you're welcome. [laughter] >> here's what i would do. i would combine the two great suggestions we've heard so far, but this is for the great people of alabama to decide. that is my full disclosure right off the top. having said that, here's what the president does. he fires jeff sessions, because he's bad on marijuana and civil liberties, which is fine. and then he goes back to alabama to run for the write-in candidacy after luther strange dislodges himself from the senate, forcing a special election. sessions is once again senator
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from alabama. neil: you're changing everything just to deny people this december 12th vote yea or nay on what's there now. >> i'm denying them nothing. i'm making wonderful suggestions that they can either embrace or distance themselves -- neil: can we just see how this thing goes on the 12th? >> oh, sure we can. we absolutely can. no, that's if nancy pelosi won. chuck schumer would love for this to play out. neil: but you did say it looks like they're trying to do everything to protect the seat, and i understand with they're coming from. -- where they're coming from. part of what you're looking at here is an option for them to keep the seat. >> yeah. neil: i always wonder if this kind of thing can backfire, you're trying to take the power out of the voter, right? >> that's absolutely what's going to happen. and in the end, you know who doesn't lose, oddly enough? roy moore. either he's got a u.s. senate seat, or he comes off as a victim of the swamp and the media. neil: right. >> the two most despised forces
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among the electorate. neil: he's down by nine points in the latest polls, but i often wonder, people tell pollsters one thing, and if you say you're still supporting him, you look really bad. >> yep. neil: in the eyes of the media, so you can't say that. could there be an undercurrent of support that's not reflected? or is the gap now large enough that you begin to say -- >> as the gap grows, i think that becomes more difficult. if it rests comfort write within that margin of error, if he's six points behind, i think that's a plausible scenario, and that's exactly what we saw before the november 8th presidential election. hillary clinton was ahead in just about every poll, and you and i went -- neil: and even the -- >> right, right. it wasn't even close. 1% here and there and 3% for her, but a lot of people were either not answering the phone or not answering honestly for fear of being poll-shamed by the person on to the other end. neil: you do have to wonder if roy moore surprises everyone,
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wins, and then they try to unseat him for alleged improprieties that date back decades. that's not like going for stuff that just happened. that's a whole other -- >> i think that is the most problematic scenario. that's the one i have the hardest time with because that drudges up the mostly pockily city. reflynns -- most hypocrisy. democrats are trying to file motions for impeach. against the president basically because they think he's coarse and they don't like some of the things he's said, and they think he's a bully -- neil: right. >> which certainly doesn't reach the standard of high crimes and misdemeanors. so if republicans don't like that, then you can't say this guy did something allegedly 40 years ago that i really find disgusting, therefore, i want to overturn the election after the fact. neil: what did you think of senator gillibrand of new york saying, you know, yeah, we should have forced clinton to resign? >> you know what i think that is, honestly? just another way of attacking
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hillary clinton -- neil: she's talking about bill clinton. >> she is, but she's also talking about hillary clinton's response, her pointed and directed response where she counterattacked a lot of these women who were accusing her husband. neil: yeah. but it is a different age. that would never fly today. >> no, it certainly wouldn't. well, as a centrist president, he wouldn't win in the first place. very handsy. neil: yeah, i didn't think of that. you're right. kennedy, always a pleasure. >> thank you, neil. so nice to see you on a friday. neil: nice to see you. thank you very much. she's the best. all right, stocks, they're not the best. they're looking at their second down week. they corrected me, kennedy, before, when i said third down week, they yelled in my ear. they did yell. they're in my ear saying, we didn't yell. you did too yell! we'll have more after this. ♪ i accept i don't conquer the mountain like i used to. i even accept i have a higher risk of stroke due to afib, a type of irregular heartbeat not caused by a heart valve problem.
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neil: all right. foot locker and abercrombie &
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fitch, shares soaring after they beat their best day in 18 years and gap, finish line also soaring on earnings news. so for most of these guys -- i say most -- they've come out with better than expected numbers and, indeed, forecasts. that's what really wall street pounces on. meanwhile, the dow and s&p 500 are down as uncertainties continue. the capitalist code author ben stein, fortune magazine's adam lashinsky. both of them multiple best selling authors at that. ben, a lot of people are saying that if tax cuts don't come through, these rallies end. ubs out with a report saying, no, no, quite the opposite. these markets haven't even factored in the impact of these tax cuts. what to you saysome. >> i don't think the markets have factored in the input of the tax cuts, i think it would be good if we got the cut in the corporate income tax. there should have never been a corporate income tax, but these markets know that mr. trump has
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a lot of trouble getting anything through, and they still keep going up. obviously, trees don't grow to the sky, they're not going to you to the sky. we've already had a fantastic rally, more than anyone could have hoped for at the beginning of the year. i don't think the, i don't think that the fate of the tax bill is going to determine the fate of the rally. neil: you know, ben, if you think about it, trees grow toward the sky. [laughter] >> they do grow towards the sky, that's true. neil: that's an important distinction. >> that's true. that's a very good point. i'm never going to forget that. neil: all right, there we go. [laughter] all right. you know, when i'm looking at some of these numbers and groups that have done so well, adam, there is this sense, to ben's point, that, you know, we have had an incredible run here, and you can always argue, you know, you buy in the room or you sell on the fact. let's say we get through these, the senate overcomes their differences, sort things out with the house, we get our cuts. then what? >> well, i actually think that if a tax bill goes through --
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which i don't think it will, and if it's a halfway decent bill, which i don't think it will be, i think stocks will go significantly higher. i think the -- neil: it will go higher without getting this? >> without -- >> no, with it. >> i think without a tax bill they'll sort of go along the way they have. i think they're taking a breather right now from a very good year -- neil: but i asked you if they don't. if they don't, then what? >> i'm sorry, neil -- [laughter] if there is not a tax bill? neil: yes. >> then i think stocks sort of continue along the way they are right now, a little bit up, a little bit down. neil: wait a minute, you're one of the smartest financial authors i know. i need something more than a little bit up, a little bit down. [laughter] i mean, are we going to get more up than down -- >> over the long run, it'll do incredibly well. over the long run, it'll do incredibly well, there's your answer. neil: i am joking with you guys, but i'm wondering, ben, you're not a fan of the personal tax
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cuts. you welcome a lot of the corporate tax. would it bug you if these companies on which republicans are hoping and praying will use these cuts to expand plant and equipment and not simply plow it into buying back their stock, boosting their dividends, if the companies do just that, would you be worried? >> i'm not -- frankly, i'm not worried about it one way or the other, to tell you the truth. i have other things to worry about. [laughter] i would love to see them, i would love to see -- neil: what else do you have to worry about? what else is there to worry about? i mean, this is it. this is our show. >> well, i'm very overweight. neil: you're not very overweight. we'll talk about that, we'll talk about that on another show. >> no, i'm -- [laughter] no, i would like to see them plow the money back into the corporate sector, into expanding plants and equipment. i'd love to see that happen. but, look, we're already at full
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employment. we're already at labor shortage. i don't know how much more -- neil: that's a very good point. and, adam, you know, if you buy that argument and they do just -- and they're free to do with the money what they can, i understand that. >> of course they are. of course they are. neil: you know, their stock or to buy more stock or to buy other companies in their sector, thereby likely producing fewer jobs in the near term before more jobs if you buy that, that could boomerang on republicans, couldn't it? >> it absolutely could. it will help the stock market almost no matter what be they do the things that you're suggesting, but if it doesn't lead -- we're already having good job growth right now, neil. and, by the way, we were having good job growth a year ago, and it didn't help hillary clinton. so i think there's a lot of factors -- neil: you know, that's a very good point. so maybe the political impact of this improvement in jobs, you can't deny it over this last year that a lot of republicans are banking on to help them in the midterms next year, that
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might not pan out. >> well -- >> well, it might not pan out, or it might pan out. >> the one thing you can say for sure, neil, is that what the trump administration is doing on regulatory reform is real. that is driving, that is helping the economy. it is driving the stock market. but i'm not sure that voters particularly care about that. it's very hard for -- it's certainly small business people care about it, but i'm not sure voters do. neil: ben, final word. >> i'm going to tell you something. let, let's thank mr. trump for getting his foot off the oxygen tube and letting the companies grow and not squishing them down with regulatory oversight. let's thank him for that. whatever else he's done, let's thank him for that. it has taken american business and say we're not going to try to cramp your style. we're going to let you grow. and for that, i think the market has grown, and for that i think every american can be grateful. neil: so this market would not be where it was or this economy where it is now if not for
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donald trump? >> that is, certainly the market wouldn't be. >> [inaudible] >> the market loves trump. the market loves trump. neil: all right. adam? >> i mean, the market sort of immediately crashed on his election. the market loves -- >> for about an hour. neil: it didn't crash for long. the futures, more like -- >> yeah, fair enough. neil: fair enough. >> we're many years into an economic expansion and a bull market, some of that has to do with the current president. neil: and the trees are growing toward the sky. guys, thank you very, very much. [laughter] meanwhile, "justice league" is getting not so great reviews, and do you know why? because there are too many superheroes. i'm telling you, it is confusing. i'll explain as a fellow financial superhero after this. is this a phone?
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neil: you know, regular viewers of this show to know that i have great respect for jeff flock. he has covered the most consequential human stories of our times. unfortunately, this is not one of those times. so in making light of -- >> reporter: yes, it is. neil: okay, whatever. it's the chicago toy and game
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fair. go ahead, sell it to me, buddy. it seems like a waste of time, but explain. >> reporter: you are looking at the world yoyo champion, jake elliot, from milford, michigan. crowned in tokyo as the world yo-yo chan r. jake, what are you doing -- champion? jake, what are you doing? try not to hit me. [laughter] >> you're good. >> reporter: what were you doing there? >> this trick is called shoulder pop. check it out. [laughter] >> reporter: jimmy christmas. >> don't worry, jeff, i'm pretty good at this. >> reporter: he has not hit me yet. [laughter] this is brian. it's yo-yo tricks.com? >> yeah. yo-yo tricks.com. >> reporter: can you walk the dog? >> i can walk the dog. get a good classic trick in here. >> reporter: oh, yeah. i'm going to come back in a second. neil, i had this for you. you remember the pinewood derby? you were probably in the boy scouts. we're going to race -- there's you in a italian race car.
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there's liz claman in a fire truck for her fire engine red hair, that's varney -- [audio difficulty] neil: what happened? >> reporter: varney, yeah, he's in a police car. neil: okay. >> reporter: we thought that was appropriate, because he's probably been in the back of a few police cars in his day. [laughter] i don't doubt. neil: how are the yo-yo guys doing? they're doing all right? >> reporter: look at this. i mean, these guys can talk and
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yo-yo. pretty amazing. neil: yeah. >> reporter: yo-yos are getting popular again? >> i don't know that they ever went out of style, but they've certainly been coming back in recent years especially with the competitive scene. >> reporter: yeah. that's as consequential as it gets here today. world yo-yo champions on display. neil: all right. buddy, thank you. talk about a business that has its ups and downs, yo-yos. all right. jeff, thank you -- >> reporter: there's yo-yos everywhere these days. neil: indeed. all right. "justice league," you heard about it once or twice. the reviews are mixed. the problem for me seems to be way too many heroes, and i should know. i've seen all the promos for this. to entertainment journalist kim, you've seen it, right? >> reporter: yeah. i mean, look, here's the thing. you mentioned there are too many superheroes. you're right, there are a lot of superheroes -- neil: told you. >> reporter: there's a in the
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marvel -- lot in the marvel universe, but people want to go see good superhero movies. i've been on with you, we talked about guardians of the galaxy, did really well over the summer -- neil: and that was funny. >> wonder woman. neil: who couldn't like electric light orchestra. >> wonder woman. neil: yeah. we're getting a little crazy here, that's all i'm saying. what do you think? >> yeah, but, you know, thor just opened two weeks ago from the marvel universe and did really well. it got fantastic reviews, really funny, it had that touch of humor, so it took a different turn than the earlier movies. people loved it. it made $122 million opening weekend. so a lot of people do want to see movies that are superhero movies that have that humor that make people want to go see them. with this one, it's a little bit different, you know? justice league, people have been looking forward to this for so long, and the reviews have kind of ranged to, you know, good to mixed to, you know -- neil: well, what are are the
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reviews saying? a lot of them are saying the storyline, they're all big on storylines, and i always try the step back as much as these movies seem to get tiresome, you know, you're not looking to win an oscar here. so what is their complaint? >> well, one of the biggest complaints is the villain. not a lot of people like the villain. you also get criticism in these superhero movies that it's cgi and too generic. not a lot of people happen with the villain. it is very generic and just overwhelming and a lot of cgi. that's another criticism. another criticism is it doesn't have enough of the humor that you're talking about. you know, they try to bring in a little bit because they've seen how well marvel has done with that element of that humor, so you do have the interactions with the characters. there's a little bit more of that interplay between all of the superheroes, and that brings in a little of that humor. but a lot of it does have darkness to it. a lot of what batman v. superman or suicide squad got criticized
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for. it doesn't have that lightness of a wonder woman which made you applaud and laugh and cheer and smile. and i think that will help bring people to the theater for this, because people loved gal gadot in wonder boom -- wonder woman. it did over $800 million, i think, was the final, $822 million. that will definitely drive people to the theater. but it doesn't have that lightness. if you're looking to see what you saw in patty jenkins' wonder woman over the summer, you're not going to see that. neil: but the future is we're going to see a lot more superhero movies, right? because these all guys branch out into their own movie like thor, right? >> you know, you have aquaman in this one, and he brings a little bit of lightness to this movie as well. so look for him as well, the flash, a i think a lot of people like the flash in this movie. they are trying to build that same kind of marvel universe with this dc comics, but right
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now -- again, it's okay. the reviews have been kind of mixed, like you said, from a misguided mix to just okay, better than the last one. so -- neil: always be careful of reviewers. i know this might shock you, but reviewers of this show when i first got on the air said, boring, he really isn't that electrifying. we all know how kind of accurate that was. we'll have more after this. [laughter] today, we produce nearly 20 million cases a year. chubb has helped us grow for the past 30 years... they helped us prevent equipment problems during harvest and provided guidance when we started exporting internationally. now we're working with them on cybersecurity. my grandfather taught me to make a wine that over delivers. chubb, over delivers. that ♪ver delivers. if you wear a denture, . . . .
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neil: all right. we have the dow down about 88, 8 the points right now. we're looking at second down week. would take a lot to stop that. weapon have white house briefing coming up i think in the next hour or so. that i understand happening 3:00 p.m. eastern time. an hour from now. trish: sure is. we have a lot going down. thanks, neil . trish: how much this republican tax bill only benefits the rich. it is a dumb talking point. it is not even true.

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