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tv   Cavuto Coast to Coast  FOX Business  November 5, 2024 12:00pm-1:00pm EST

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and hence kennedy left the democrat party for the republicans. he's a very smart guy and caring and popular too. we get up and introduce him, the place goes wild. we love having him. you know who else we love having, elon. he's been great. everybody, look, everybody getting joe rogan and megan kelly. this is very inclusive. this is a movement. this is the greatest political movement in the history of our country. even you people, and some of you are fair sometimes, but it's the greatest movement in the history of our country, and i made that statement a thousand times ask it's never been challenged. it is the greatest movement. we're going to make america great again. thank you all very much. thank you. thank you. nices to see you.
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neil: we are continuing to follow donald trump a few minutes ago. a couple of interesting things. if i lose this election it is fair i will be the first one to acknowledge it. the former president detailing he feels confident when all is said and done, enthused by the turn out so far. he wants republicans waiting online to keep waiting. if you're a democrat in those lines you can get off if you want, that was rather funny. one thing he said is i haven't prepared a speech for tonight. bottom line if i win i know what i am going to say. arguing he ran a very good campaign, all the republicans have been telling him of that. he thinks he will have a very big victory today, encouraged by early voting numbers that have been showing very high numbers in republican areas. a lot of people extrapolate from that that is a good sign for republicans.
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it is better than 82 million votes that we have seen before anyone went to vote today, the turnout has been in areas where mother nature seem to be doing her darndest to make it difficult to get to the polls. we are monitoring all of that. let's ping-pong around the country, this is voting day, in pennsylvania, the grandest prize of them all, 19 electoral votes. brian. >> reporter: the weather in pennsylvania is beautiful on this election day. this is a 50/fifty county. a lot of attention spent by vote campaigns. we spoke to the vice president, kamala harris, spent a lot of time try to get non-amaga
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republicans to vote for her campaign and we found a couple of voters, a mom and a son who decided to vote for democrat kamala harris, but decided to go republican down ballot splitting their ticket. >> i believe at least in kamala harris offering to have a seat at the table for moderate republicans like myself, she has intentions of getting things done. >> i'm a democrat and voted to split half-and-half. hard to find a anything in the middle. i'm hoping we can all get back to that middle ground again. >> donald trump is relying heavily on men and first-time voters or low propensity voters. we found some of those too. >> a lot of the guys coming out for trump. >> more are coming out to vote than in the past, most leaning trump's away. >> a lot of young folks coming out for trump. a lot of people.
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>> i see the economy. high compare what was going on when he was the president, a big difference. >> reporter: people are voting in person today, poll workers are preparing one. 8 million mail ballots, pre-canvassing them, processing them to be tabulated and we will get those numbers at 8:00 p.m. . two issues to report in pennsylvania. in cambria county, there were technical issues with scanning completed ballots. a judge extended voting until 10:00 p.m. two hours after polls closed and in bedford county, issues before polls closed with tabulation machines and voting has not been impacted. both counties reliably trump counties. neil: q very much. let's go to georgia, one of those early states but closed
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at 7:00 eastern time. things going smoothly. they had record early voting numbers. maria mcnichol has more on that. >> slow and consistent flow of voters. this is a suburb of atlanta. lines are short because of how many people early voted, 4 million people voted early. record-breaking, a million and a half expected to be in person today. large early voting nevers could lead to quick results tonight according to georgia's secretary of state who says 70% should be tabulated by 8:00 tonight. georgia works quickly, 95% of ballots were counted on election night in 2,020. the trump and terrace campaigns poured enormous resources into the state won by president biden in 2020 by less than one person, that was 11,000 votes.
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senator j.d. vance hosting a rally, both presidential candidates in a final effort to win over voters. in georgia a candidate can request a recount of the margin of a race is within 0. 5 percentage points. a recount was requested in 2,020, leading georgia to be the last state called, 16 days after the election. it hasn't been smooth sailing everywhere. we just got word that two polling places in fulton county were temporarily shut down. fulton county authorities investigated multiple bomb threats made at those locations. they found there were no active threats but many vigilance at this time. we will get further updates on that but no active threats in georgia. neil: wisconsin next to watch closely. a desperate battle for 10
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electoral votes that we should remember, taking both of the last elections, fewer than 20,000 votes. mike is in milwaukee. >> reporter: we are watching the senate race, republican challenger went from trailing the incumbent democrat tammy baldwin outside the margin of error closing the gap and well within striking distance. in the final days the baldwin campaign has been hammering the issue of abortion, and talking about inflation and social issues. >> in wisconsin we deserve a senator who understands us and is fighting for us, not one who insults us so wisconsin, the states cannot be higher. >> the inflation impact has hurt a lot of american families, the open border that made us less safe, crazy things they are doing like pushing
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school boards to require guys to play in girls sports are going to their bathrooms and locker rooms and people are saying enough is enough. >> reporter: the republican national committee filed suit against the milwaukee elections commission alleging republican observers were arbitrarily limited at the early voting sites. they fired back that they were not limited in early voting, won't be limited today. the presence of reeser evers is something the election commission addressed before the suit was fired. >> in wisconsin we have the ability to remove observers. if observers are not willing to follow the rules we will have them removed but we don't do that right away. we de-escalate and try to find a mutually agreed-upon solution. >> reporter: wisconsin law mandates the mail in ballots remain sealed until early and
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in person votes get counted so we could come up with a preliminary result in wisconsin after the polls closed but a final result will take to one:00 or 2:00 in the morning. we 20 just to be clear, early voting ballots, are they counted, after the day of voting? >> early votes don't get totaled up until today. that can happen quickly. mail in ballots wait until everything else is counted. neil: thank you for the clarification. what is at stake? you heard donald trump speaking in florida after he and his wife voted, he likes what he sees and has a good feeling but he's not writing any speeches ahead of time and he would accept the will of the american people if he loses if it is fair. let's go to an interesting panel on any of these topics including market reaction.
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you see a little more on that. that's a good barometer for the party in power. the market continues, moving along as this market has. they gauge it by the last four months. that could be an early indicator in favor of kamala harris but there are all sorts of other things. we have lee carter, and the democratic campaign strategist, charlie gasparino. i want to begin with this market. maybe it is anticipating a trump win, others argue a small market ahead of an election is good for the party in power in the white house. it's no rocksolid rule of thumb but what are you hearing? >> all of the above. let's break this down, there's clearly a trump trade, markets predicting donald trump victory, no doubt about that. doesn't mean they are going to be right.
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the interesting thing, warren buffett shorted the market. he's gone into cash, short data treasuries which is cash, sold out his apple position, solid bank of america shares, looking to get cash to buy on the dip. he is predicting a kamala harris victory. is the warren buffett barometer always right? i checked it but there's no doubt i had a few smart traders point that out to me that buffett is predicting kamala harris gets in, there will be a market decline because this is a trump trade and he's going to be a very big buyer of stocks. you got to give, think of this logically, kamala harris raised $1 billion in three months, democrats have an amazing ground game. amazing. if you take that billion
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dollars and focus it in the ground game in a few states, you got to give her the edge. let's counter this. inside the trump campaign, not from the crazies, these are the realists, they really do think they have a shot rounding this up tonight. pennsylvania, georgia, they are going to win nevada, arizona, north carolina, they are going to win pennsylvania. they believe that. they have an outside shot at wisconsin. i'm laying out what i am hearing, a simple country reporter. i report, you decide. we 20 you've never been in the country in your life. i will buy it for now. >> the expert analysis, stock, too many people use it as a gauge to how people feel the election will go, up 10%. last week down 20% but effectively doubled.
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i don't know what you read into that but lee carter, what are you looking for, when you see the results coming in, i know a lot of people pay attention to those 7:00 pm states and look at georgia and indiana and breaking a telegraph event for the rest of the night. >> early in the night looking at georgia and north carolina, those will be telling, if donald trump doesn't win those states, he has a difficult path. i don't think he has a path if he doesn't win those but polls are looking good in those states, donald trump often over performs the polls. the bidens are telling us a little bit there are things leaning toward harris, we have a little more momentum with the female vote. at the end of the day, looking at voter turnout, we don't know, some people say have the votes were cast early. not sure that's the case. i want to look at voter turnout
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and the differences between gender and see how many young voters are coming out for the first time. all eyes for me georgia, north carolina. neil: a lot of people read in the waning days of the campaign as to all the chips being put on the table, when they she had 5 different appearances in pennsylvania yesterday alone, that is where her campaign is placing its stakes. >> it comes down to pennsylvania, tim walz is making a last-minute stop there today. they are touting 100,000 this morning alone. i hope those canvassers take coffee to undecided voters at the door but comes down to
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pennsylvania where we are seeing the largest gap between men and women voting early, 18 million, ballots have been cast early in those 7 battleground states, 1.7 more women have voted than men, of 14 point gender gap. in terms of gender differences, in terms of the ground game making a huge difference, something the harris campaign is touting. neil: if you are bringing coffee to my door and no doughnuts i will slam it. if i don't see -- we might talk. we might talk. thank you very much. hedge fund billionaire manager telling me he is optimistic donald trump, confident donald trump will win and kamala
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harris will be disastrous for the markets but it isn't necessarily red or blue with these kinds of things. ken fisher looks at other things, another billionaire investor weighs in on what that billionaire investor has to say after this. where ya headed? susan: where am i headed? am i just gonna take what the markets gives me? no. i can do some research. ya know, that's backed by j.p. morgan's leading strategists like us. when you want to invest with more confidence... the answer is j.p. morgan wealth management meet kandi technologies, where innovative, eco friendly design meets exceptional performance.
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1-800-217-3217. that's 1-800-217-3217. change in early parts of her campaign she was supportive of the tax on unrealized gain. if that was in plummeted, it would be devastating for the markets and cause a market crash. neil: that was john paulson, hedge fund manager, but against the real estate and mortgage companies ahead of the real estate crisis. that was then. what he is saying now, you elect kamala harris you are in a world of hurt. ironically, kamala harris has said the same about donald trump. the back-and-forth as this continues.
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ken fisher looks beyond this, he's back with us now. what do you make of what he is saying, the tax on capital gains whether you've taken them to the market or not, that was on the table with president biden, never got to fruition. the campaign argued she didn't support that. that is not an issue or so she says but is that a legitimate concern? >> thanks for having me on. is in a legitimate concern? if it were to happen it would be but it is not going to happen. the likelihood of it happening is comparable to finding out santa claus is real. the fact is -- neil: are you saying santa claus -- go ahead. finish that.
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>> the reality is we are going to have a good market regardless of the outcome of this election. lauren: 1 are getting the details. i was looking at markets, everyone says this is the most consequential election, 1860, there was a consequential election but i digress. i notice after the day after the last election when joe biden won, the market was 2.5%. a week later it was up 5%. 2016, that amazing swing where it was tanking and soaring, the next day the market was up 1%, 2%. 2,008 financial crisis brought us barack obama.
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the next day, 11%, we were in the middle of a meltdown. throwing all these examples at you, do we glean too much into these day after, week after events. what does the market generally do no matter who wins after a presidential election? >> what the outcome of an election does is provide a certain amount of falling uncertainty. let me say that this way and that way. if you just take the period after the election through the end of the year the only times in my 50 years of doing this that the market has been particularly bad has been when we already had a significant extent bear market in play starting longer before then. otherwise periods have been up and they've been up on average,
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3.2% for the s&p 500, the fact is let me give you the one nobody wants to hear, what happens if it is a landslide for the left? that's the thing people fear the most intuitively. let me give you a different example. on july 4th this year, we had in britain the biggest landslide for the left since before kamala harris was born. the next two months the market went up 2%. it is simple. you give the uncertainty because all of these things that might happen don't happen as badly as some people fear and the market comes to relative relief. >> you were saying markets generally appreciate divided government. it helped with bill clinton in the second term but john paulson who has great respect for you and i'm sure you for he would like to see republicans
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run the table, take the white house, take the house in the senate, they can get things done with markets that americans will like but you say proceed with caution. especially if the markets, republicans have the type of policies, no aspersions on either party, general these generally favor. >> first, i do respect -- you had on your other show, can longgone said the same thing. most republicans are going to think that. most democrats think it will be better if democrats sweep everything. what markets like the most is a relative inability to do stupid stuff. the more one side wins and wins big, the more that side --
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capitalism is really good at wiggling around. and going through the roof or democratic egos through the roof, watch what happens. for the next couple months market will do okay anyway, we run through falling uncertainty. neil: good stuff. within two years of the next midterm election, one of those pieces falls off. ken fisher, the best of the best when it comes to investment analysis. meanwhile we talk about ballot issues that are on the table and what is happening right now with some of the key areas where we could see a flip of the house that goes democrat or
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elyse stefanik is cautiously optimistic but they see positive signs for the gop with republicans over performing in early voting and democrats falling short. fox news power rankings have 22 seats in the house that are up for grabs ranked as tossups, many in new york and california. republicans are expected to pick up 208 seats to democrats's 205. democrats are hoping there ground game saves them and high election day it turned out could help them pick up enough seats to flip the house. >> i feel very confident about what has been happening in terms of dialing, calling people about voting, doorknocking and digital. we own the ground. that's what i keep saying to people. we have to have mobilization but you must own the ground and right now, the democrats on the ground. >> reporter: holding onto the
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senate, looking like an uphill battle for democrats. fox news power rankings have four senate races in michigan, ohio, pennsylvania ranked as tossups meaning republicans have a shot at the senate majority but getting a sizable majority. >> i think we will win ohio, montana, west virginia, that will give us a majority and i think we will hang onto the seat we currently have. beyond that, it would be great, if we win seats that are up for grabs. >> reporter: stakes are high for both parties hoping to cling to control and flip one of the chambers, money has been pouring into congressional races at historic levels, $10 million has been spent on congressional races, more than what was spent on the presidential election. neil: california democratic congressman ro kahnna. a lot of attention focused on
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the senate. congressman, great to have you. what does your gut tell you about the house? >> i'm optimistic we will have hakeem jeffries as speaker. my republicans say they will win. like the presidential race it's an -- on razor's edge. neil: you are more aware of internal tracking polls than i will ever be. i never know what they look at when they see these trends. we are told some democrats are expecting alarm at these trends and the fact that kamala harris was spending so much time almost exclusively in pennsylvania with five stops yesterday showed how desperate it has become. do you by that? >> i don't. the reality is whoever wins
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pennsylvania's likely to be president. it makes sense for her to spend time there and for donald trump to be there. we are hearing people on the democratic side are showing up in philadelphia, detroit, in these urban areas. republicans encourage early voting this time, they didn't in 2020. they had a higher percentage of early vote than they did in 2020 but our voters are showing up on election day and a higher percentage. that's why this race could go either way. that's the honest truth. neil: you don't share the view that that is worrisome, that trend on early voting showing more republican participation than democratic participation is a sign of trouble, he, the former barack obama campaign manager in 2012, much ado about nothing? >> from what i have heard, it is early, the voters in philadelphia and detroit and
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urban areas are showing up. we need to make sure they show up. my yes, we will see if i am right, you will have heavy turnout on our side and you will have heavy turnout on donald trump's side. this election will be decided by who the independents in the decideds break for but i don't think we will lose because of voters that don't turn up on election day. neil: great catching up with you. karl rove with us now. you are probably one of the most knowledgeable campaign experts. you've been involved in some rough and tumble ones your self. guide me with how you go through the evening tonight and what you look for? >> i have my list of target counties. i will start by looking at indiana in the red column but i will look at hamilton county which is northeast of
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indianapolis, big wealthy suburban county. in may 1st/3 of the republican primary voters cast ballots for nikki haley when she had no chance of getting a single delegate out of the state are being the nominee of the republican party. i will be looking at how republican defections go in hamilton county. then i'm going to look at the two earliest battleground states to come in, georgia and north carolina. each one has three kinds of counties i will be looking at predominantly black counties, small black counties that will come in quickly. what is the turn out like and what is the margin like? the big metropolitan counties. if harris is going to win either state she has to come rolling out of the four or five democratic oriented counties around atlanta and the research triangle, raleigh-durham and charlotte with a big number. i will be looking at black
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counties, rural black counties to see whether turnout is and the republican counties, suburban counties to see if there are any defections. general republican counties to see how they are coming out. can they offset the black turnout that might happen in major metropolitan regions. or the black belt of those two states. neil: donald trump got criticism for visiting virginia in the waning days and a lot of people said you lost that, wasn't even close, you're wasting your time but maybe he sees something, do you see something others don't? that's one of those early states, polls close at 7:00 p.m. :00 pm. what would you look for their? >> i would look at northern virginia, if republicans are doing any better than they normally would do. i look at suburbs around richmond and chesterfield and the tidewater which republicans
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have to break even. and in the general public, what they may not see. they saw something in three states that was not seen generally. in the final days of the campaign, the former president went to salem, virginia, and his running mate went to new hampshire. i doubt it is a head fake. let's just confuse cavuto and go to albuquerque, salem, and new hampshire, suggested them they have a chance to sneak these states and others. the only reason to go to a state in the final days of the campaign is to reach voters who will make a difference and bring the electoral votes to your state. neil: to echo what you said earlier in the week, the washington post is copying you on that.
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to have so many in the margin of error, just as possible one person could win all of those seven what we 6 of the seven. unlikely though that may be it is not out of the question. is it possible someone gets a blow out tonight? >> they get a blowout in the electoral college but not the popular vote. i have my blue chart i do every morning looking at real clear politics, 538, silver bullet and i keep track of the numbers, averages in the state, 20 one data points, seven battleground states, three averages. if you look at it as of this morning, real clear politics suggests if he won the states that he is ahead and he would win 287 electoral votes to 251. with 538, 270 one for trump, 257 for harris. silver bulletin says 252 for
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trump, 286 for harris. remember, of those 21 day data points, 3 of them are 2% or greater, 6 are between one, and one. 9% dividing the two candidates and 12 of them, divide between the two candidates is less then a percentage point. we also have movement, not a lot of movement. if you take today trump in four of the 20 one numbers is up, two of the numbers are unchanged and she is up in 15. yesterday he was up in four, unchanged in four and she was up in 13. there's a little bit of movement. one tenth, 2 tenths of one% in some instances at the end. this has had remarkable stability for a long time which is highly unusual in a presidential race. neil: thank you, we will see what pans out tonight. karl rove, best of the best when it comes to analyzing the stuff.
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all these little nooks and crannies in the country. i don't know if you have been following when artists get upset when a campaign is using a song they weren't allowed to use. bernie king is furious over and add, don't know if you would call it an ad but a deep fake presentation that has been all over the internet that purports to show martin luther king endorsing donald trump. we are catching up with her cousin to get a view of that in the dustup after this. >> in philadelphia and pennsylvania. a lot of numbers by karl rove about 19 electoral votes, up for grabs in this state and many expert saying you can't win if you don't win pennsylvania.
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villas off he is a democrat stronghold but we been talking to voters all morning, will they turnout in droves like kamala harris needs them to? we've got the answers on "the big money show" at the top of the hour. nefits and retirement savings. voya provides tools that help you make the right investment and benefit choices. so you can reach today's financial goals and look forward to a more confident future. voya, well planned, well invested, well protected. when a tough cough finds you on the go, a syrup would be... silly! woo! hey! try new robitussin soft chews. packed with the power of robitussin... in every bite. easy to take cough relief, anywhere. chew on relief, chew on a ♪ robitussin ♪ your business needs a network it can count on... even during the unexpected. power's out! power's out! -power's out! power's out! -power's out comcast business has you covered, with wifi backup to help keep you up and running. wifi's up. let's power on! let's power on! let's power on! -let's power on! it's from the company with 99.9% network reliability. plus advanced security.
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neil: divide in the martin luther king family. alv alveedajoining me soon. they are ready to bury the hatchet but something came up with bernie's king that bothered her, a deep fake appeared on the internet showing martin luther king endorsing donald trump. that was a fake. she is furious about it, it has come down. she joins us right now, her cousin. what do you make, she was furious about this. what do you think? >> at the center for the american dream at america first policy institute i'm the chair of the center for the american dream, mice cousin and i have something in common. her dad, martin luther king jr. an awesome creature, awesome civil rights leader, my daddy,
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his brother, and the king family legacy which includes the dream of doctor martin luther king, i didn't like it. ai, you can make it to do anything. i'm not a fan of it either. i'm glad it came down. neil: i always asked you this. you have a marvelous way to get along with people who don't agree even within your own family. in my family there are political divides among certain family members. i tell him i am right, you are wrong. that doesn't go very far. i'm curious how you handle things like thanksgiving get togethers and what advice you can give to people who still go at each other's throat with this. >> we've known each other a long time and we discussed this. a little thing i say every year, i pulled the turkey leg off and look at my family and say i don't want to have to hit
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you with this turkey leg so we are going to get along today. that christmas i said before you step over the threshold, if you're angry with me i am not getting one. so please be still. we do that. my cousins and i, children and grandchildren, we know to love, forgive, repent and move forward without hating each other. no violence. people said there will be civil war no matter who wins the election, no there is not. we are going to pray and we are going to pray very hard and we are going to be at peace. i declare that. neil: i like the turkey leg things. that could be a weapon. you are the best and thank you for keeping us grounded. it is possible. before we go to break, some sad
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news, bernie marcus, cofounder of home depot, neither was very handy. they just thought this should be a big box store that would carry these things in one gigantic place. they had a hard time finding financing and bernie marcus got his billions, said i have an idea. i love georgia so much and want to build an aquarium in atlanta. you are not san diego or boston. atlanta is nowhere near the ocean. no movement, it was arguably one of the world's greatest aquariums. he had a great sense of humor over the years. >> this is something every business person has to be involved in. don't care if you are democrat or republican. if you run a business and you know what it is to run a business i remember home depot 15 or 20 years ago when i was
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working 15 hours a dad our guys were all over the place doing everything, they did everything. neil: there would be limits. >> i'm a small businessman at heart. when we started home depot in 1978 i was broken. not only the concept, people were betting against us. some people think i have some business acumen. it doesn't make me break. there is a difference between -- neil: i would hang out with you. neil: if you are starting a stable economic environment, what do you think? >> it would be difficult. the government is working against you. before i went public i made a commitment to people, if we are successful and we have a public
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offer, every single person working with here, we are limited in our salaries, we took no options, the only company, never took an option. i could be as rich as warren buffett today but would rather have every manager my secretaries. neil: at the time they were doing that, this gigantic warehouse of the store with shops all over the country and now the world, the idea is sharing that with your workers and letting them be participants, thousands of millionaires there long before the likes of microsoft and others catching it big. they would offer that to their workers later. it started with marcus, bernie marcus dying.
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neil: we have a lot of voting on across the country, a lot of buying on the corner of wall and broad with the dow 453 points, whether it has anything to do with the election. market history suggest democrat or republican wins for the white house, the momentum tends to continue in the days and weeks even into the year after that. there's been a great deal of interest in technology issues and keep in mind a swap of major dow players, something my friends, "the big money show," taylor riggs, going to get into that and more. taylor: the day is here. i'm taylor riggs. brian: i am brian brenberg

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