tv Cavuto on Business FOX News March 29, 2014 7:30am-8:01am PDT
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they are not cool. >> bear. >> one in three parents admit to stealing or borrowing or taking money from their kids' piggy bank. i am one of them. every parent does. keep the lights on somehow. i get it. >>. >> we have a lift-off. lift-off of steve swanson. on a six-hour journey to the international space station. >> from russia without much love. we are hitching a ride up and their troops keep building up. no wonder so many americans are fed up. i'm neil cavuto. the russians are taking us for a ride and we are paying them $71 million for the seat. they are the only way we can get to space so we cut the check because beggars can't be choosers. no wonder americans are feeling
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increasingly like losers. what do you make of all this? >> i don't think it's just a metaphor the only way they get to the space station is with russia. quite the irony. the bigger picture for me is superpowers do not create $17 trillion in debt and other trillions for legacy debt the. superpowers do not have almost half the country on food stamps and poverty going north. we've got to start turning this around and soon. >> you immediately seized on my metaphor so i thank you for that. ben stein, what do you make of the fact it's not been a good week when you look at u.s.
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influence around the world and maybe this space thing was icing on the cake here. it doesn't make americans feel good. >> power flows from the barrel of a gun. we disarmed ourselves. we let ourselves become weak all over the world. we only have a smattering of troops in all of europe. it's a pathetic situation. our navy has been cut to virtually nil our air force is cut. we did not elect mr. obama to be a unilateral disarmer, but that is what he is doing. >> except that is not true. >> mr. putin does not work on the base of morally superior to me. >> it's interesting what ben says and the metaphor which i agree with, it isn't true. >> he didn't use the metaphor. gary did. ben went away from the metaphor. >> i understand. we have 60,000 troops in europe,
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account for 3/4 of the budget of nato. we are still a superpower and have chosen for budget reasons not to pursue space the way we used to. we were relatively friendly with russia. while i think the metaphor is right, i agree with everything gary said. we do have these structural problems. fox news alert. we can't lose sight of the fact we still are the world's military superpower, far more powerful than russia. >> where does this go? bottom line is the world doesn't follow or lead the president's poll numbers continue to get worse. americans' perception about where they stand doesn't seem to get much better. >> that's why i was never in favor of doing away with the space shuttle program then having this gap, which we've known about for years. president bush signed off on getting rid of the space shuttle program. we would have this gap when we
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wouldn't have a way through nasa to get our astronauts to the space station. we would be hitching rides. i didn't like it. i think the space program and nasa are symbolic of our achievements and what we can do as a nation. it needs to thrive. it's always been the focus of cost-cutters because of its budget, even though it's less than $18 billion a year, compared to more than $600 billion for the defense department, it's a drop in the bucket. everyone talks about the importance of privatization. that's what we are doing with these space flights. getting ready to award contracts to private companies in the u.s. to do what russia is doing. >> i know. everyone gets excited about the privatization act. i take nothing away from that. there are some thing nasa stood for. >> i agree. >> it doesn't make you feel good. we used to conquer the heavens, now we are hitching a ride to
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the heavens. we keep bit by bit giving up our core. >> it reminds me of the 1970s. the russian economy is $2 trillion economy versus our $17 trillion, we are much stronger but acting weaker. it does remind me of the 1970s. i remember growing up thinking the u.s. was in a decline like the roman empire. what is interesting about this, it's so self-imposed. the problems we have right now can be fixed pretty easily. give businesses a reason to hire. give people reason to save and invest. that can be fixed pretty easily. we have a president who is not only disarming the military, he's disarming our economy. you come out of a financial crisis you waste $100 billion, you threaten raising taxes and you threaten with a health care mandate, then you wonder why
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corporations are sitting on gazillions of dollars in cash. >> they are doing well in the markets. >> but they are not hiring anybody. >> i'm not for the type of growth we are seeing. it is growth with a plus sign in front of it. >> think of our gdp. this is the most anemic economic recovery. companies can cut stuff through advancements like that. if you look at the underemployment numbers, they are huge. this is a country that's weakened economically. >> it's not just about numbers but how people are feeling. every day we are reading about other countries and their leaders talking about where is the united states when it comes to foreign policy? what is our foreign policy? some people believe there isn't
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any foreign policy. >> all you have to do is look at our response to what russia did in creamia. >> you said we did have a response, economic response. >> we could have. we are not -- >> we haven't begin it much time. >> what are we doing? >> you told me a lot of bankers were bitching about not going too far. i care about because you said it. >> i said bankers don't want us to take these steps. i believe we should. >> i understand it. >> there are no steps. there are no steps we can take. russia controls this game. we have no cards to play at all. >> if i may --
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>> we talk over each other, i hate that. you talk about no financial cards, you don't think that is enough. there is a limit to what we can do? >> we can upset all the guards who are rich and make them richer. whatever we can do is pitiful compared to what russia can do to eastern europe. >> what you're saying no matter what we do, we can't get europe to go along, we are a paperer tiger? >> there is nothing europe can do either. they are completely dependent on russia. like a drug addict being dependent on a drug dealer. >> if you squeeze those guards they are going to be fired up. >> that's what i wonder.
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what is the next level you take it to? i agree there is a limit to what we can do. what do you do? freeze all their assets? >> if we went to the nuclear option without dropping a nuclear bomb, nuclear option freezing assets, taking not just five russian guards. >> compared to the guy who owns the new jersey nets. >> he's moving back to russia. >> he is afraid of his assets being frozen. europe is so dependent on these guys that the cure is worse than the disease. >> what a mess. when we come back, do you see this pathetic pattern here? so do we. tonight we spell it out in a great special i urge you to watch called "surrendering america." bret baier is hosting it. yours truly taking on the space
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program. i wanted to be a astronaut as a kid. i went to cape canaveral with my parents and realized i couldn't fit into the capsule. i moved on to tv anchor. that is another story. >> much better job. >> thank you. america is all the better for it. up next, the government is starting a food fight to fight global warming. we report, you hide the dessert. >> remember the instant you finish it, i own your soul. >> hey, wait, if i don't finish this last bite you don't get my soul, do you? with a fidelity investment professional... or managing your investments on your own. helping you find new ways to plan for retirement. and save on taxes where you can. so you can invest in the life that you want today.
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still lost in the washington mudslide. 90 people are still missing. heavy rains are making the search efforts even harder. 17 people confirmed dead so far. that number is expected to increase. more than two dozen aftershocks shaking los angeles. tremors coming after a massive 5.1 magnitude earthquake hitting southern california last night. could be felt as far away as san diego. it caused gas leaks and broke windows. now safety inspectors are checking bridges, dams and train tracks for cracks. so far, no major damage was recorded. i'm kelly wright. back to cavuto and business. log on to fox news.com. the usda, health and human services department are drafting new guidelines.
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what do you make of it? >> i make of it a continuing effort on the part of the democrats and the left, the environmentalists, nutritionist left to control americans' lives. some things are more important than telling us what to eat. one is maintaining americans' freedom. this trying to control what we eat is a scary proposition. >> this is your fault. i'll tell you why. you first started going after my canolis and now you're saying they are destroying the carbon footprint. >> i have no idea what you're talking about. >> i don't remember ever going after your cannolis, neil. >> it's a metaphor. >> ben, to steal a page from your playbook, with all due
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respect, aeroone of the most intelligent global warming deniers i've ever come into contact with. this is a real phenomenon. the usda should be involved helping americans have better nutrition. the fact is there are healthier ways to go about doing agriculture and they are trying to issue broad guidelines to be helpful over a very long period. >> one or the other. i feel guilty enough about what i'm eating. now i have to be cognizant of the environment when i'm dieting? stop. >> whatever it takes, neil. >> this is all about regulations, all about control. you've got the u.n., imf all want global taxes. a ton of people on the left want carbon taxes. >> this is the perfect solution is a free market solution. the more meat china eats, the more milk they consume, prices will go up and we will, as a nation, consume less because the
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prices go up so much. it's self-correcting that way. >> i have no idea what you just said. >> if prices continue to skyrocket you're not going to drink as much milk or eat as much meat. >> we don't have to worry about this. >> when i saw this segment i thought you were kidding. this is totally insane. >> stop there for a second. your first understanding of what we were doing on this show was courtesy of blurb on a blackberry. is this the degree to which you research for this show? what would explain everything. >> i see a story about merging the global footprint with healthy eating and i thought it was insane. >> then you read all about it. >> i think it's scary adam knows about this. >> that's what a guest should do. >> i do my research.
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>> thank you. >> the carbon content in a cannoli. >> if they put fortunato's bakery in brooklyn out of business, i will kill them. >> another good intention that will cost a lot of money because someone will be setting up a lot of rules, regulations, handbooks, calorie counts and carbon counts. >> it costs a lot of money. i don't think anybody wants the government telling them what they can or cannot eat or should and should not eat. however, the more you rely on the government to help subsidize your health care and the fatter we get as a nation, you're asking for the government to do just that unless you fix it yourself. >> your comments would carry more weight if you were fatter. >> i'm telling you -- i work at this. it's a lot of work. why do you think i'm always angry because i'm underfed? >> i know the feeling. >> here's the bottom line.
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real quickly. this is going to happen. these agencies are combining like godzilla and rodin to make this work. this is a preview of coming attractions. >> freedom is our most important product. it's better to be fat and free than thin and unfree. >> gary, do you agree? >> completely 100% get these people out of my kitchen and my refrigerator. >> fat chance. when we come back, you see these teachers? ask yourself what they really want for their kids, your kids. watch and learn. did any of you see this? that's my buddy deion. he's gotten so many appearances he's got an agent. washington is spying on us. we assigned a government computer to spy on them. ♪
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♪ [ male announcer ] you're watching one of the biggest financial services cpanies in the country at work. hey. thanks for coming over. hey. [ male annouer ] how did it come to be? yours? ah. not anymore. it's a very short story. come on in. [ male announcer ] by meeting you more than halfway. it's how edward jones makesense of investing. [ male announcer ] by meeting you more than halfway. hey, i notice your car yeah. it's in the shop. it's going to cost me an arm and a leg. you shoulda taken it to midas. they tell you what stuff
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it won't be tracking your calling, now hacking china computers. ben stein, on the right page going after the guys they should be. what do you make of that? >> absolutely. china is the number one hacking power. let's get back at them, let's not get caught flat footed like with russia and crimea. >> if anybody is hacking us, hack back twice. my worry all of this talk they are going to stop spying on us, i don't think that's going to happen. we only know what they want us to know at this point. >> i wondered if that leaked out this week for a reason. all of the outrage. spying on the chinese. okay. >> we should spy on them. cyber attacks are the greatest threat to our national security according to a poll of defense officials. spy away. makes me happy. >> defense officials fear cyber? >> yes. the biggest fear. national security. >> i love spies. that's kind of like my -- >> you are really useless on this show. you offered nothing.
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>> spy away. by the way, snowden has nothing on dion. >> he does not. he does not. you know, when you look at all of this, the fact of the matter is that the nsa still does what it does and still hits a lot of people. so i think we could take so lis in knowing that there is still going after bad guys who corrupt us guys. as far as i know they are including us with hem. is that a good or bad thing? >> i think it's a good thing, of course there is privacy concerns but they always were looking for the bad guys and looking for non-american bad guys including when they were looking at us. >> they found them via 30 million regular american phone records. >> yes. >> so that's what makes this a specious argument. >> it's crazy. i think we should be -- listen. to be honest i think we should spy on ourselves. there is a lot of home grown terrorists. >> time for you to go. >> i agree with him. >> time for you to go. >> i'm for spying. >> that dr. evil sequence.
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>> i'm for stein. well no wonder, fine. thank you both very much. up next, -- >> that wasn't just reaction to their leaving. investors in shock despite the run-up, have no fear our pros are here. (announcer) scottrade knows our clients trade and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend more time trading. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) ranked highest in investor satisfaction with self-directed services by j.d. power and associates.
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of butheyou don't feelat thmosi hintimidated.car, it's extremely simple. save time, save money, and never overpay. visit truecar.com what have you got? >> simply put american express strong and consistent, acting well in a tough market. >> adam? >> well, it's a good company, done well. i'd be concerned about something so focused on consumer spending. >> what are you doing? >> van guard emerging markets index. vwoetf. a good place to invest over a long period. >> ben, what are you doing these days? >> spy, simple and it works.
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>> what is simple about it? >> what's simple is you're buying the market, and hardly any one can outperform the market. buy it and hold it. >> that will do it. i had the potential to be great. but no one help immediate to identify that. i was not letting that happen to my kids. public schools try to provide a high quality education in our community. >> i have a daughter that attends and there is no limit for her now. i voted for de blasio. >> parents fighting back against the push to close charter schools, not just in new york city. it's happening all over the country. teachers unions are behind the push funneling millions of dollars to organizations and compliant politicians, demanding that the independent charter school be shut down. but if these folks get their way will the
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