tv Cavuto on Business FOX News June 29, 2013 7:30am-8:01am PDT
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i love it. >> you only get that fair kick in the butt right here. >> you are all good sports. okay, now, how many times have i said it here, right? we're not red or blue, we're here. you're money, who is spending it, who is wasting it. imagine my shock when i discovered this week the irs is copying us but in reverse. because while we are practicing what we are preaching, the tax man is preaching but he's not practicing. that's not fair, that's not balanced, that's nuts, and i'm not a lawyer, but i also think that's illegal. an invitation might be the most serious form of flattery, but
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unless they open a bunch of bakeries in my name, big on fair and balance. the never mind doesn't make him any less of a big lully. i've had time to go into how many liberals there are, and let's just say not many. according to an agent's watchdog, only a handful were talking about the irs versus about a hundred conservative ones. only those who had words like occupy or reportedly keystone in their name, which could lead a non-lawyer, that would be me, to think there still might have been an agenda to all of this. but enough of this. to target those who might be unfriendly to the administration. but again, enough of that. i want you to think about this. the media drops an entire irs story. the irs was still on a hunt p
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but who those groups were filing those forms. their data didn't get the irs' attention. they did, their views did. so i don't think if the ratio. leaving aside the very still lopsided now. an agency who is supposed to be about spread sheets and now daring to spread this sheet? okay, that's it. a lis a. she will be back next week, so she missed all this grand theater. what do you make of all this? >> don't you guys find it interesting when they think the best option is to claim incompetency. >> careful, i built a career out
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of it, but go ahead. >> i don't care about the statistical a no, ma'am lee, underscores while they try to -- you ultimately strip away your own rights and that's not how this country was built. >> it's covered to say we went after liberals, too, when you went after that group or other groups, not the numbers they put on paper but who they were putting the numbers on paper. >> when you take a look at what they actually did, all they did was pull up their names on the list. they didn't actually stop them from getting the tax exempt status or slow them down or lose their file the way they did the other groups. >> nothing approaching the body cavity searches. >> somebody has to go to jail here, or this is going to continue. i think people still need to
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continue to get very upset about this and not let it go. if you think. irs isn't negatively going to jail, what do you think? >> well, my feelings on this, neil, i think they should apply the law equally. i have a problem with any drups getti getting. >> they did target conservatives, who i think our mainstream conservative groups are right of center s group, then that's a bizarre.
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>> have you ever been either this is acceptable behavior on the part of the irs or it isn't, and it doesn't matter what you and i think about the political leengz of these groups. i think that's your point, neil. if it's wrong, it's wrong. and i don't think charles the media -- neil is the media, too, i hate to tell you -- the media is not leaving this story alone and the investigation is going on. >> it did lose a lot of its oomph and it was almost a collective relief. ben stein, they almost seemed collectively relieved, not to the extent you think or the ringing kind of questioning that we grew to knew. and that's a relief to them.
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>> there is a giant elephant in the room here which nobody seems to be talking about, which is the conservative groups were talked about wildly business proportionately. who is a great pal of the united states. they hate, hate, hate the conservatives. and the question are asked, and very much delayed. these people get into their tax exempt status. this was a hearing on -- and asking them. they were enormously burdened from the gestapo questions. >> i'm in the process of proposing a book on this. when i talk to people about proposing a book, guess what they're saying? they're also targeting liberal
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groups, it's not just conservatives. >> it could be they just don't like you. >> that, too. most people don't like me. . >> because. >> i think that's our point, they should be. >> that's not the point i'm making. i'm getting a point i. >> we know that's nonsense. >> who at the irs is going to sue you? >> i don't know. >> we all know when you talk about taking libertys from people, it all hurts them. we should get back to the crux of it. the idea that the tea party was deliberately targeted, they were dalgt pr -- it really feels like
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that. i want to find out, who mentioned going to jail? you mentioned going to jail -- >> and we're no closer to find out which is the start. you have to find out where it started to make sure it doesn't happen again, and under the hatch act, they may go to jail. you can't federal eyes. nothing ever gets drasd back to obama. benghazi doesn't get traced back to obama, the nrs doesn't get traced back to obama. the wall the political people have put around obama is just incredibly burdened and the media doesn't bother with it. >> it has to go further than the fact that lohse. there is a simple solution to this. let's start reporting.
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>> there is a thing that we should be pushing this issue and do. this direct line to the white house, neil, you should be commended. what's going on here? >> i would only point out you and neil are not the only one, and charlie is too busy pushing book proposals -- >> oh, no, you didn't. >> by the way, i am filled with admiration about how you're trying to sell a book on this program. that is really, really good. >> wait till next week. >> my book july 1, "circle of friends." how is that? >> correct me if i'm wrong, neil, i can't remember which, but the justice department or congress is investigating.
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>> i'm asking you to look at the --. read the media, read the coverage, read how it's gotten off the front pages. it got a lot more tird were covered. >> you're speechless. >> of course it was an attack on conservatives. i mean, this is so obvious. there is a public service employees union along with mr. obama going after conservatives. that's so obvious it's a joke, and the media is playing along with it and it's, of course, going to happen. all of these are incredibly obvious. there is a giant elephant in the room. it's political partisanship using the irs as a hatchet. >> we're going to keep reporting it because we find when an
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agency uses its full power to go after anybody, it's bad. if they're going to use a couple liberal groups to say all is even stevens, that's all good, but ask yourself the question whether any government agency should be doing that. and i will save this country alone, if i must! mortgage rates seeing their biggest weekly jump in more than two decades. so why is that good news for the value of your home, and why is the rest of my panel so worried right now that they have to stick around for another 20 minutes? in the meantime, up next. looking over your shoulder for the nsa? what if i told you it was the health care law really be infringing on everything and everyone. we went out and asked people a simple question:
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... ... ... have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed much is the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪ has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy.
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heat wave gripping parts of our country. this is just the southwest right now, mercury already reaching into the high 90s. today's highs could go higher. temperatures will soar way into the 110s, and coming up early next week, 120s across the region. we have some new details on the condition of a very ill ten-year-old lung transplant recipient we've been telling you about. the parents of sarah murnaghan are revealing she's now had two lung transplants. her first set of lungs started failing just hours after her surgery. three days later she got a second set of lungs that became available, but they were infected with pneumonia. her parents hold out hope. i'm jamie cole. we'll be back in 30 minutes. here's james caruto. the new health care law is
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creating a data hub of the number of books that charlie plans to sell. even the size of your family. ben stein, this worry you? >> the government knows entirely too much about us already. this goes across the whole breadth and width of the government. they know too much about good people and bad people. they knew about the terrorists before 9/11. they knew they were having flying lessons and not learning how to land the plane. that's the problem. the government knows too much about people. they don't do anything about the bad, just the good people. >> they're going to have the same information that the irs already has, that other departments already have. a lot of people now have it. >> a lot of people have it. we heard of money grabs, we heard of land grabs, this is the information grab. the problem is there are no rules attached and this is how things get messed up. this is how ultimately anyone will get their hands on this information to use it any way
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possible, but they got a tip on the boston tame -- >> you know whaet scary about this is the inside contractors. that's what board me, they're putting this information together -- they're going to share, i imagine. i'm serious, they're going to share it with outside contractors. it's your tax returns, your social security information, your e mail, your phone number. i don't want them sharing that with outside contractors. if nothing else, i'm going to get solicited all the time for more things to buy. >> i never get solicited. how come? >> they're scared to come to your door. >> there was a wonderful book written by george orwell about this. this is the big government collecting everything they can on it.
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. by wait, about its nature, big government is still tot totalitarian. >> charles is right about one thing, the -- >> which charlie? >> charles. charlie hasn't said anything this program. these things are concerning, and the regulations and the rules have to be handled more carefully. when i see like -- do you want it there or not? >> yes, i want it there. there's never been, in the history of -- >> we have to participate in the insurance question, but your insurer has got to see it, neil. >> don't you see where this is going? >> all i'm saying is corporations have this data, too. everybody is collecting.
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>> keep giving it up, keep giving it up. >> how can we be empowering one central agency? >> i'll give you one reason, and that's because federal employees in 2011 owed 3.5billion in taxes. these are post office employees owing taxes, their wages weren't garnished because the right hand didn't talk to the left hand. >> now you're just showing off. >> you're saying big government is stupid. >> i say we yell at them when the right hand doesn't know what the left hand is doing and then we yell at them when they put it all in one place. >> but they screw up when they put it in one place. >> in the meantime, heat up and pay up. why cause for a new food tax from the food police already has some stomachs turning. >> i love chocolate. but i can't eat it because then
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and out with a shake and fries. ndr. pa ne. >> listen tis another way to gorge us of money and it is for your own good. i am with you. redistribution is ridiculous. i bet you california would be first ones up. >> new york. >> if i am dying, i am going to san pedro. >> not dpolden arches. >> i want in and out. >> i don't think we should sib siddize people who want to kill themselves? >> we shut syntaxes on alcohol. >> and took you a while to linkup with that. >> adam, can you answer? >> mcdonalds is fattening. >> charlie is right. the science is obviously correct but it is politically
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infeasible. >> we did it. >> ben stien? >> as asinine as this is, there is a precedent for doing it again and again and again. what do you think of it? >> i think if you go to mcdonald, people are hard working people trying to get a bite to eat before they dot rest of the work. you are punishing the people that are hard working and not the people at san pedro. people going to mcdonald don't need to be punished. what do you think of that? >> where does it end? nonorganic vegetables and artificial color. >> not yet. the government is fantastic at stopping. >> we are talking about mcdonald which is virtually poison. >> we are not talking about mcdonald. >> it is such a hypocrite. >> you are. >> no, no. >> you are a great free
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marketeer mr. capitalist. >> no, go a head. >> you get taxes on alcohol in >> i am against taxes period. >> you think it is depend for you. mcdonald good for you. >> and going to try to prevent is bad. >> mcdonald is not bad. >> surely you are not comparing alcohol with mcdonalds? >> they are all bad. >> charlie is going now and i don't want him back and melissa is going now and i do want her back. you can dvr fox news and five out of five. no offense. eir money do more. (ann) to help me plan my next move, i take scottrade's free, in-branch seminars... plus, their live webinars. i use daily market commentary to improve my strategy. and my local scottrade office guides my learning every step of the way. because they know i don't trade like everybody.
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herkul us. strictly on call and this company is poised to break out. >> i wish i had time for adam and ben. in the meantime the cost of freedom continues. >> tax hikes and a key report showing the economy is growing slowly than thought. the big reason why. tax hikes kicking in. and some at forbes say we need tax cuts to get our economy booming again. i am dave asbin. welcome to forbes on fox. we'll have steve fosh and rick and elizabeth and mike and bill baldwin. >> tax rate cuts are always a good idea. reduce the price, risk taking and success and this is the way to get
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