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tv   Cavuto on Business  FOX News  June 1, 2013 1:00pm-1:31pm PDT

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>> neil: nice and easy you can do it nice and wrong. i'm neil cavuto and on top of it. administration going over the top. this little tweet, from some twit, criticizing all the media companies in the off the record meeting with attorney general eric holder to discuss this secrecy thing. ag to review how leak investigations are done but some the media refuse to meet with him kind of forfeits your right to gripe. after reading a threatening tweeted like that, show up or shut up. so many opted out.
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maybe they decided bullying has gone long enough. to our panel, charles payne, that tweet alone says volumes. >> another example of the strong arm tactics. it's bad news for everybody and dovetails into what we've seen. hhs secretary, going after companies for money and irs being like a giant club to smash. these guys are judge and jury and executioner and they wonder why somebody doesn't want to sit down for a powwow, you got to be kidding me. >> neil: the tone and tenor continues. as recently as week ago they were still hounding groups. >> what i don't understand, if holder is going to say, we're going to go after you with a club and then we're going to come with coffee
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and tea and be friendly. you can't talk about anything we said. how does that make him into a nice guy. the whole purpose of the media is not to be told things and keep them a secret. it betrays a misunderstanding of what media. is media is to connect the government with the people. you have a break in the connection, it's not really the media anymore. >> neil: bigger optic problem, you had it with secrecy, let's have a secret meeting to discuss it. [ laughter ] >> they are thugs. people come to me all time can we talk off the record. here is the ground rules so i know when you talk off the record your secrecy, i won't divulge the source but there is something to
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be said. >> neil: you will quickly drop that off the record? >> i will negotiate i don't have to forget it in the strictest terms, but i want to hear what you have to say. >> neil: you can use that information some day. >> i believe it is worth and adam, you'll agree with me -- it's always worth sitting down and listening to somebody even complete thugs like these guys. >> the problem with secrecy, with all due respect -- i understand your point of view a as the media person said. you can talk to me off the record. but being secretive how do you improve it? >> that is what the problem is. >> i want to hear how they explain what they've done. >> neil: adam? >> yes, of course. the only mistake we're
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making is thinking there is anything knew. one new thing that twitter exists so somebody can tweet out their thoughts. >> that was nasty over the top thing. >> the person in charge of cincinnati on office has been promoted. it keeps the theme where this was happening a couple of weeks ago. my only point with this stuff what part of -- i don't have a freaking clue with a here -- they continue to do it. they don't think it's a sin. >> exactly. >> the reason, char kharlly, i disagree with you --. >> neil: italian charlie. >> we call the other guy charles. >> i have had people, not sources, but people i've had to deal with tweet me like utter dirt.
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then try and make amends by calling me in to have tea and crumpets. >> i've had people call. >> neil: it would take a lot more than that. >> they attack me and go to my boss. when i was working at the "wall street journal" attacked me, i will still sit down with him. he tried to get me fired. every sister tried to get me fired. i'm a reporter. >> i am not talking about tough, but the manure farm and i can smell in it the room and somebody tried to muzzle me, they are not going to muzzle me. [ applause ] >> i will go and meet with them and listen to them. >> neil: could i ask something?
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[ laughter ] >> who would you bet on the fight between the two of us? >> neil: it would be ugly. you think there is something saying, you don't have to get to the ui nansz and case studies in law. you ought to know this is not off the record but off the wall. >> i think it's beyond the media story. we are trying to box it together. it's the narrative of the administration that has contempt for congress has contempt for media, has contempt for a lot of people. remember when they called up wall street executives and all they ended up doing is demonizing these people. >> this conversation -- >> i wouldn't mind having this shot. >> neil: if you were at such a meeting what would you say? >> someone who takes a lot of stories, i will not forget about it the minute
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i walk out. i would push them and try to get to the bottom of it. >> look, we have a fantastic system in our country where there is a ton of opportunity for government officials to be on the record in public in front of the cameras. as journalists we would always prefer to be on the record, but to say we'll never sit down with the people we write about. >> neil: to ben stein's point, it was the whole thing to address the secrecy which the department was operating, and why they are doing it for so long. that itself is triggering a secret meeting. what part of that don't you understand? >> i tell you, because grown up mature people can have conversations. >> do you see how stupid this is?
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>> surely you understand the story. >> i don't understand anything. >> he is just shouting at me. >> ben? >> he said he is not going to give you a story, that is off the record. >> that is off the record. >> may i say one thing? >> i want to say something without being interrupted. >> and animal reference, take it. >> to that tweet and slime and manure all you wanted, about forfeit go your right to gripe. every american has a right to gripe that labels a journalist a criminal trying to do thinks job. they are not honoring the first amendment and shame on them. >> neil: can i go to break? >> yeah. >> neil: up next....
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>> you blew it up! damn you! god damn you. >> neil: that was his reaction to the government. taxes on airline tickets. you might feel the same way after you hear this. my doctor. my gynecologist. my pharmacist. citracal. citracal. [ female announcer ] you trust your doctor. doctors trust citracal. ♪ now you can give yourself a kick in the rear! v8 v-fusion plus energy. natural energy from green tea plus fruits and veggies. need a little kick? ooh! could've had a v8. in the juice aisle. need a little kick? ooh! i got this. [thinking] is it that time? the son picks up the check? [thinking] i'm still working. he's retired.
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>> this fox extreme weather alerted. recovering efforts underway in oklahoma city after a deadly combination of powerful tornadoes and thunderstorms ripped through the heart land last night. the region reeling from devastating storms less than two weeks ago. two dozen tornadoes reportedly touching down on several plain states destroying hundreds of homes and killing at least nine people including two children. cleanup and massive flooding the storm dumping as much eight inches of
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rain in some parts. overturning big rigs and causing serious problems for rescue teams trying to survey the damage. i'm arthel nevil. we get you back to "cavuto on business". for all the latest headlines, log on to foxnews.com. you are watching the most powerful name in news, fox news channel. ♪ ♪ >> neil: all right. this may not fly the next time you fly but the white house is pushing for an additional $14 tax on every flight to improve airports and hiring more custom agents. on top of the 7.5% tax the fliers are already paying. charles payne, i would like to know where that dough went. >> who knows. it reminds me 1977 blackout in new york city. my neighborhood was hardest hit with looting. they finally got it 60 and its free for all.
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everybody sells passing the cash. let's do it, too. they have $10 billion and they hardly spend any of it. they don't need the cash but these see passengers held hostage by the airlines and they want a piece of the aion. >> neil: they are going to make lines shorter at customs and ease your burden so it will be well worth the price. i think i heard variations of this and o taxes before? >> unlike you, sir, i don't get to fry on private jets i fly commercial jets. >> neil: is that the ones with a bunch of people at the same time? really. >> mr. cavuto, when they are doing airport construction, it's a nightmare. its joke. it takes forever and the lines are forever and it's
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miserable. they are going to improve by wrecking and mu cink up the airports that is funny. >> anything that reduces the number of flying i'm all for it. there are so many fees that layer upon layer of fees and taxes up to a quarter of an airline ticket can be in fees and taxes. i don't think a few extra dollars are going to change people. >> neil: one of the things i noticed with fees and excise taxes, but we never get a respective lockbox for them. >> we were both channeling al gore right there. >> there is never a lockbox. >> it goes into a one slush fund and never used for the intended purpose which is why it's a joke. >> neil: adam, what do you
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make of that? >> i don't think its joke at all. we have an airline system in our country that works extremely well. so many people travel so efficiently for relatively little money. i am for any fee that helps the system survive. we should make hurry shur it works right. >> and charlie, i'm talking, when i am finished of talking. >> neil: go ahead and finish up. >> all i want to say, i do not think the average airline customer gets out their receipt, i'm paying for this and this county. >> i think they do. i'm a man of the people. and i go through my ticket and go line by line.
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>> you don't have a ticket. you don't have a ticket. >> neil: charles payne, what do you make of this. >> maybe people don't go through this it. the bottom line they obtain a lot of money as to dagen's point, as for efficiency and its money grab. >> it's by an administration, government really that can't stop talking other money. they can't. >> neil: to the bigger point, adam, why don't we keep track of money already spent? i don't want to get sidetracked but the infrastructure spending and we've given hundreds of billions of dollars to do that thing. before we add more dollars down the drain, shouldn't we at least look what happened to the money that already went down before? that is my problem before. it's perfectly meritorious what you are talking about. rarely if ever does the
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case. >> we should be holding the taxman how they are spending their money. >> neil: to give them another $13. >> every time you hear the word infrastructure, we have been talking about this forever. >> i look around and see how bad it is. >> states raise all this money on municipal bonds. >> neil: we spent trillions in lottery games taxes on make the kids smarter. they are dumber than ever. >> i would do away with the lotteries tomorrow. we should not be taking people through lotteries. >> neil: actually you were going to respond what i was saying. dagen, my issue, i want to on this bigger issue, be careful what you wish for. it might sound good on paper and make you look politically correct this is
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going to improve the airport security and lines at customs but it never going to that. >> flyer has the right to balk if they don't like it. they have a choice. take a train. i'm fine with it. i just hope they use --. >> neil: what about new york to london? >> i just hope they use it to hand out deordorant to passengers flying the plane. >> and take away their cellphones too. >> neil: we'll work on all of that. and signs that the irs to rest. republican senator wants to do and he is sharing his plan to do it on "cashin' in" but a new round is heating up. is it any wonder that energy prices could start
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gestarting may 20th atts participating bay area stores. ♪ >>. >> neil: you might want to get this straight because i can't. they are demanding the president block the keystone pipeline. anti-fracking laws are gaining more support around the laws. who pays. charlie, you take back with limited fracking. >> occupy wall street they don't have jobs. how do you create jobs. part is it lowering energy prices, no shovel-ready
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jobs through the stimulus but we got them right here 'the keystone pipeline. >> neil: environmentalists will keep protesting. >> i think u.s. oil production has the highest it's been in 1990s and top the '80s and we are doing just fine right now. >> i tell you what. already coal is starting to increase. which would you like coal or natural gas, would you like to see more jobs. something has to break. luny tunes. >> this isn't about any policy. this is trying toy tract the attention to the protestors that they are morally superior to their parents. president it's about a mental disease or defect.
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>> neil: that would bring to us adam. [ laughter ] what say you? >> well, there is no need to hyperventilate. gas prices is about where they were a year ago. keystone will go through. we're in good shape. >> neil: i want to be in your world where everything is okay. >> he is in california. >> it's going to get a little hot but the sun will come out tomorrow. >> neil: you won't. the bottom line this is going to go nowhere. you get keystone under a don't get fracking. >> we will get fracking. >> neil: i know we have to. i don't think its gimme. >> it's all that shale is the reason. >> neil: up next, mary
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>>. >> neil: no pain, no gain. three picks from charles. >> first, u-haul is going to improve. undervalued company and i ro like the ceo. take a look at magna. this is company most people don't know about, a chip company, running samsung and stock looks great. and temperpedic. i can't believe the stock is as low as it is. the stock is extraordinarily cheap. >> neil: adam. >> love the first two. temperpedic is very ens pensive. >> it's a time for a major
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breakout. >> neil: because at the are not as smart a as charles. you are watching me play. ♪ ♪ irs cruise foorg bruising after picking a fight with conservatives, texas senator ted cruze is here. leading the charge to abolish the irs altogether. you don't have to be a reporter for this administration to size you up. now thanks to obamacare if you weigh too much or smoke, you'll be slapped with a fine. is had a fine with you? and teacher is in hot water, is this what is wrong with the american education system. "cashin' in" looking for your rights starts right now. >> welcome to "cashin' in."

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