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tv   Forbes on FOX  FOX News  September 17, 2011 8:00am-8:30am PDT

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business can and cannot hire workers. we'll go in focus with steve forbes and steve. and vick taria and mark and morgan. a full house today. steve, is it time to clip the wings of the nlrb. >> not only clip the wins but send it to the smith solicitsonian. it is crushing business and this is starting to push that block back. they are right when they call the nlrb a law firm for big labor. got to shut it down. >> the reason that south carolina is interested, boeing wanted to move a plan from the west coast to a nonyownized plan and nlrb is standing in the way. they tried to open the plant and the nlrb is trying to close it down. >> i think they should at a
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and i don't think it is a problem for jobs or job creation. >> unions are percent of our work force and the nlrb is newtured by court decision and why can't labor have a readdress in the courts? this is mean-spirited republicanism aimed at removing organized labor and detrying it altogether in this country. >> isn't there a fine line between them having too much power in favor of the union and them having just enough. >> n lrb is sphosed to be a arbitrator. >> playing neither on union or management side . now packed with exunion attorneys and this is bad. just go back to the depression in 1937 when the supreme court upheld the wagener act that gave unions the right to organize. the economy was coming out of
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the depression. after the supreme court upheld the wagener act the economy tanked and we did not regain our predepression prosperity until the 1950s when the right to work law and companies got power back. >> most important thing is jobs. nlrb may close down 1100 jobs for people in south carolina. >> i agree that they should be limited in the power, but i am not fond of either of the job acts that are floating around. gop to bring the tax rate down and limit regulation is a step in the right direction. but there is a larger issue where jobs are concerned and we have weak consumer demand. the issue that no one is looking at is housing. cent percent of the gdp is consumer related and as long as tens of millions tie up nest eggs and in under water mortgages there is an issue.
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>> we'll deal with it at some point. but the key is would closing down the nlrb save or grow the american economy. >> absolutely. it goes back to jobs. morgan you are talking about real estate being an issue. americans need jobs to get out of the holes. america's largest exporter of manufactured goods, boeing, saying we want to go into a state and hire. i saw 5,000 workers as the number reported and you have a government agency saying no, you are not going to hire 5,000 workers do we not want job creation? >> i agree, it is absurd. >> and rich, there is something dickitorial about the way the nlrb is acting. freedom much movement is a freedom in the country of private sector companies. nlrb want to stand in the way of tharks right. >> this is a brand new
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government power never seen before. jone aseroof the new york times pointed out that this is unprecedented what the nlrb is doing to boeing and systematic when you have overreaching bureaucracy. and the obama administration simply doesn't understand is that employers create jobs and they don't have to create jobs and they can off shore jobs if the environment locally is hostile and the obama administration and the nlrb are creating a hostile environment for job creation in the united states. >> steve is there a fine line between eliminating the nlrb and cutting its wings? >> the nlrb has been fatally compromised in what they have done and shown it is a political process. you will have to come up with
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maybe the courts. that is not good for job creation in america. >> if a unihas a problem. take them to the courts and let the courts decide . get rid of bureaucracy that we don't need. >> the n lrb is to prevent it from going to the court. what we have done in court decisions is remove most of the nlrb's power. we need unions and decent paying jobs. what is boeing and why are they moving jobs? >> they are trying to create those jobs, >> victoria go ahead. >> and victoria, go ahead. >> boeing is trying to create those jobs and you have this government agency telling them they can't do it in one state and they have to do it in another state. boeing will create them overseas. they are not going to do it.
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>> you wouldn't resist being paid by half. >> isn't it better to keep the jobs here than force them to go overseas. >> i agree, but the unions should have their day in court. why are we removing the ability for unions to legislate this or seek remedy or redress. >> no one is not saying they can't seek it in the court. that's what steve said. rich, go ahead. >> yeah, let's put it in context, number one boeing is the leading exporter in the united states. they are in a death competition with air bus for next generation of jets, number three, the plant in everett, washington is striked by the union workers, you can't compet in a globallyy competive environment with air bus when your plant is striking all of the time. naturally they want to have a
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hedge in south carolina. >> it is a waste of time if money. but if we strip the nlrb of all of its rights there is no accountability for them to move overseas and take that away. >> it compromises all legitimacy. with becker. >> becker is more in favor of the unions than he is of management. >> when you corrupt a institution, this institution is corrupted and a job kill yer get rid of it and start over. >> thank you, gang. even the world's fastest speed can't get throughout 25,000 pages of regulations coming out of washington. one in particular, texas governor rick perry has a problem with, this costs his state 500 jobs this week alone. what is it? cashin in is on it. cut the poverty rate and cut
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funding for the war on poverty it is a forbes flip side you will get here and that is coming straight up. @
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because healthy smiles are built on healthy gums. life opens up when you do. >> live from america's news room this is a fox news alert. a memorial service held in the nevada site where an airplane crashed killing three people and injurying 50 others. witnesses say the vintage plane plunged and narrowly missing the grand stand many calling the pilot a hero saying he maneuvers away from the crowd at the last moment. eyewitness will join mow at 1:00 p.m. eastern here on fox. >> health officials are linking a cantaloupe to a farm. 22 people infected in 7itates.
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listeria is an illness caused by eating contaminated food. we'll see you at 1:00 p.m. eastern. keep it right here on fox. >> cut funding for the war on poverty in order to get people out of poverty. sounds like a contradiction. but record number of merrence are living below the poverty line. dennis, the best way to pull them out is stop throwing money at them. explain. >> heartless as it sounds . 1964, great lbj declared war on poverty . spented a blitz and eradicate it. 45 years and 12 trillion dollars in anti-poverty spending by the government and 10 more million people in poverty than we did 45 years ago and percentage went down
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three point to 15 percent and yet spending per year on anti-poverty, david is up 13-fold even after inflation and we are no better off. instead we are making people dependent on government aid and we should pay companies to train them and hire them. >> folks, believe me, we are putting up a chart of the poverty rate that spiked above 15 percent. 1983, 15.2, percent. and 1993. 15.1 percent. and came down when the government stopped spending a lot of money on poverty programs. first in the reagan administration and then in the democratic clinton administration when they did welfare reform. it brings down the poverty rate when you spend less money on poverty programs. >> that is a distortion of what i read those charts to say. when you have a recession and a down turn people lose their
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jobs and they don't have an income and cost of living in many cases continue to rise over the period, david. and so the poverty rate is the worst in the depths was a recession. the poverty rate declines >> we all agree. >> we all agree on that. we have spent a lot on anti-poverty and we have cut poverty programs, except maybe the of the most recent. and (talking all at once.) >> they are supporting the reagan economic policiless as a way to get the economy going. we heard him say that. >> i am not supporting reagan economics. >> we hear it. >> you are saying that the economy did better and that's why people got out of the poverty rate. it was the policies of the reagan administration and anti-welfare policy of the clinton administration. >> hang on, and also the local
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welfare to work policiless which were put in place by people like rudy guiliani and said welfare to work. new york city cut the welfare rates in half in a decade. in other words. it is a not fixing the political machine or job growth with tax and regulation. poverty rate is over. and people are on the welfare rolls and want to work. that's what you do. >> morgan, that is a problem. those programs increase dependency. >> we shouldn't cut spending on poverty but seriously revamp it and take a page out of the nonprofit sector. these are people who do micofinance programs and mentoring and education programs to get the world's
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poorest people empowered to basically move up the ranks and out of poverty. >> great suggestion . as long as we leave no conditions on those checks and we don't incent vise out of poverty. >> that's the kind of suggestion . kind of insight that we need right now. we had it in the clinton administration with a republican congress when they came together for an anti-welfare program that led people out of poverty. >> this is a show, david that less government means less poverty ultimately and giving people basic training and they will move ahead and 65 to 90 percent of the people who start out with minimum wage jobs move up smartly. there is another factor here, dived. there is a industrial complex of 100, a of workers who don't want to lose their clients to
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the private sector. >> these are the special interest. and it is hard to pry their fingers off what they have right now. >> in my friend mark can support ronald reagan. i can support bill clinton. >> i do not support ron reagan. >> that entitlement spending suck its out of the private sector. and the government can't raise families. hang on, hang on. the government cannot raise families. working parents raise familis and the job's act, ironically taxes the jobs creator who are giving the job to the working parents. >> janice go ahead. >> talk about special interest. remember i talked to a researcher estimates 30 percent of now spending trillion a year on anti-poverty programs and only
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30 percent gets in the pocket of the people. >> most of the world is on anti-poverty. where is that? >> we are running out of time and we have to leaf it in the air as it is. coming up next, lots of doubt about how many jobs the president's plan will create. one industry is about to see a boost and that is bad news for everyone else. we'll explain coming up next. [ man ] behind every business is a "what if."
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will the trial lawyers and credit card debt
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>> the verdict is in on the president's yob's plan. and trial lawyers are licking their chops. making it illegal to discriminate against job applicants that are unemployed. and what is that going to lead to? >> i guarantee you, there will be lawyers that advise their company clients, don't advertise this or you will be asking for claims to be filed. >> that's a great point. >> steve, you agree. this will create more lawsuits and jobs. and getting the best people possible and all of this bill does if you don't get a job hire a lawyer and sue and collect. it will be dampening job creation. it is welfare for trial injuries. and that is one class of people we don't need to help
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anymore. >> are the trial lawyers licking their chops about this? >> before we bash the job's bill and talk about the trial lawyers. take a sober look at the facts. companies are discriminating against the unemployed. latest example that came across my screen involves amazon. i don't mean to single them out. but they are advertising for people to help work in the warehouse in south carolina and one of the preferred qualification. no extended gap in upon employment. what does that mean? >> that mean to me, that a lot of lawyers would be calling up the people. hey, you got a lawsuit on your hands. >> you think it should apply to hollywood or national football league or major league baseball as well? that is ridiculous. we understand what obama is all about. favoring his constitiency.
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look at 4 0 billion job's bill. it is disporportionately to the blue states and this is one subset of favoring his at the expense of other taxpayers. >> will this favor the trial lawyers. >> it is a good thing to favor the trial lawyers f. it is not illegal it should be made illegal. companies should not discriminate on a basis of a person not having a job or laid off. this is ridiculous. i can't believe the same group of people is arguing that the nlrb is too powerful and should knocked out of the window. >> they're part of the minority. >> federal law and government time and again has said joblessness is not a protected class against discrimination because you can change it because you cannot change your gender or race . even if your disability.
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this is a shovel ready jobs ap-for lawyers to shovele lawsuits in theystem . 99 jobless benefits worsens the problem and only a handful of company thars doing this. >> the last world on the show is coming to a close. coming up, lot was merrence seeing credit card debt pile up and type to swipe it away. don't miss that, next. p host: o really save you 15% or more
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>> jumping 368 percent . informers have the stocks that make the paper to pay off the plastic. >> credit cards. 17 times earnings and a technology company. that is the reason to buy it. >> everybody knows visa, do
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you like it? >> it is cute logic but the stock swings too much to pay off the credit card. >> you are for microsoft, why? >> i like microsoft, the stock is stable and boring, but there is a nice dividend and great to pay off debt. >> morgan, you like it. >> they are slow to create smart phones and the price reflects it. >> you are going to natural and basic like iron, ore pellets. >> it is worth its metal and you are looking at a 50 percent jump. >> that's it for foshes. keep it right here cashin' in starts now. >> regulation nation running amuck. gop presidential hopeful rick perry outblasting government regulations saying one cost the state 500 jobs as energy company is forced to cut back

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