tv Bulls and Bears FOX News June 28, 2014 7:00am-7:31am PDT
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>> well, as much as possible. as many people that leave with a ice cream, the sky's the limit. >> we will be back with more "fox and friends" this afternoon. you guys free to ride around in a pedicab? think washington's ever going to get a handle on government waste? listen to this. >> are there programs that the government does that are a waste of money? or aren't working as well as they should be? of course, but i will tell you if you work in any company in america, big company, you know, you will find some things that they are doing that are not all that eefficient either. >> one big difference, mr. president. companies waste their own money, and the government wastes everyone's. so will this number ever go down if d.c. doesn't know the difference? hi, i'm brenda butner, and this
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is "bulls and bears." here is gary and tracy and jonas and john along with chuck. welcome to everybody. so, john, the president doesn't see a difference. do you? >> yes, i do. and one of the reasons that the president does not see the difference is that he has never been in private enterprise and none of the advisers and look, comparing the government to what the corporations do, and the corporations have accounting that is transparent and if not, they will hear from the shareholders and they have to report every single quarter, and government does not. if you steal in the private enterprise, you will be prosecuted. if you do it in government, you label it pork and nobody says anything about it. think about this, how many people including the president of the top leaders in d.c. could run g.e. or amazon? but could jeff emmel or jeff bezos run anything in d.c.? yes, it means that the best in
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private enterprise is better than the government. >> and so this is a true comparison? >> well, i e appreciate the honesty, because he said, are things being wasted and he said yes. and so the government has taken the taxpayers' money and done good things wit. i know that some people say more bad than good, but it is run by the people, and people are not perfect, and things are not always going to be the right thing. >> and the difference gary b., they can't print the money and run up the debt, and they in fact have competition and the government doesn't. >> exactly. chuck found some good in the president's comments, but i found zero good. look, i mean, am i going to argue that the government doesn't do any good? of course, they do good, but give them a few trillion a year, and they will eventually land on something that is good. i mean with that much money. but john, right at the start, he
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made a lot of good points, and i will add two more. one, you are forced to give the government money through taxation, and what happens with this inefficiency? they come back to ask for more money, and the inefficient organizations of the government and the agency, they just keep getting bigger and bigger, and what happens if a private company has that much inefficiency, they go out of business, and they can't compute, so it is absolute ludicrous and i laughed when i saw the comment that the president made, because it shows how out of touch with what business actually does. >> jonas, some would argue that government does things that private industry can't like nasa, and military and building the roads, and for that reason, they are efficient there apparently. >> well, it is a faulty comparison on a lot of levels. it is a true statement, and there are companies that rip off the shareholders and blow billions on the stupid ideas and
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fraudulent such as enron, and there is no self-correcting mechanism in the government, and the president is trying to tie the hatred to corporate america, and those are the real bums, but they are not going to come to tr run the v.a. hospital, so it won't be ever as run as efficiently as apple or amazon. and i see the tunnels built in switzerland understood ground and under budget, and in china high speed rail and here they are messing around with the henry hudson parkway for what seems two decades. is we are not compared to other top governments and that is where the attention should be to fix it and not is the post office rivalling amazon. >> well, it is the land of mediocrity and nobody like jeff bee soez would want to go there,
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but a he is going to go nowhere false, and the system is flawed and perpetuates itself. and if we had term limits maybe a guy like jeff would say s okay, i want four years and then i will do what i can and back to my big fat corporation. charlie rangel has been in office since the day i was born. something intrinsically wrong with that. they are riding the wave and it is flipping. i thought it was arrogant what the president said, hey, they do this, too. and everybody wastes money, and no, everybody doesn't waste money. >> and we are the ones who vote these guys in. so chuck, you have heard about how the business is not as inefficient as government. what do you say? >> well, i won't say that government is perfect by any means, but there is a lot of things that the government does well. i want to go back to the original point that none of this is perfect, and as long as with we are being holding accountable our government officials and as long as the american people and the workers are having some
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accountability, it is a good thing, but if there is waste and rampant waste, politics will correct itself at the voting booth. >> john, is that true? are we seeing that? and where is the accountability? >> look in theory, chuck is right. they should be accountable, but who do you vote for? 9% approval rate in congress ñ can, republicans and democrats and we are voting for the ta tallest midget here. and we have to say who can run the v.a., and we have to appoint a person who is not very good, and why is the bar so low and why do we accept the fact that politicians are doing subst substandard jobs across the board? somewhere in america, people have to step up to say, we won't accept this anymore. >> and to john's point, money promised back home. i will vote for the bum as long as he brings the money home for the playground and the bum is
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back in again and that simple. and unfortunately because we live so myopically, it perpetuates against itself. >> yes, gary, this money being wasted is our money. if the jeff bezos of amazon wastes the money, it is going to hurt the company and the shareholders, but not everybody. >> and yes, last week, i mentioned that when we give money, it is going to go to the government and the big inefficiency filter, and chuck says they do good, yes, you gave them $10 trillion and they come out with $1 billion of worthy stuff. i am scratching my head, the v.a.? the department of education? the scores are down, and countless, and a nasa is pretty much out of money. i mean, what are the good things that they do that private, you know, industry couldn't do? social security, broke.
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medicaid and medicare pretty much broke. so i am scratching my head about all of the great stuff that the government is doing. >> okay. chuck. you can answer him. >> i will answer it by saying that i got in my car and drove down a road built by the government, and when i turned 65, i will get the social security back, and the internet and everything else that people are watching on, fine. >> and the first turnpikes were private. down here in v.a. connecting to the i-95, it is a private highway. so, yeah -- >> because you won't invest in it, a that is why you have backup trying to get to the studio, but if we don't invest, it is all doing to crumble. >> and look at nasa. we don't have a space shuttle anymore and we have to rent it out to elon mus uk who is planning to go to mars. >> and a billionaire. the people who run the successful hospitals in america make millions of dollars a year, and you can't duplicate that in
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the v.a. hospital, that incentive system and talent pool. we have to have a system to join the army for four years, and make managers run it for a few years, and there is no way to duplicate the efficiency. >> and how do we get roosevelt and jfk and all of those guys? that is who we need. >> they are not on the jv team for sure. tracy, the last word? >> we need them out of office and start clean and a welcomed need for the country to bring wall street down to d.c. for a little bit. that is all we need. >> okay. good debate. thank you, guys. fair and balanced. did you see this? >> you are correct, and where was your rage, congresswoman -- >> listen, listen, listen. let me have one minute. neil, one minute. >> no, you can conflating the issues and being silly. >> and what the republicans are doing that has neil arguing that they are not only wasting your money, but time. that is at the bottom of the
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fox news alert, i'm kelly wright. and now suspekt that left four people dead in benghazi is now in custody in washington, d.c. abu khattala was captured and taken aboard a u.s. ship. meanwhi meanwhile, we are told that he was just a muscle man on the ground and not the mastermind of the attack, and little has been done to nab the other key s suspects. and we are learning that irs commissioner john koskien in will release lois lerner's
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e-mail information by the end of n next week. i'm kelly with fox news. now, back to our news. is the supreme court ruling going to set the job market free. they ruled 9-1 that the president's recess appointments to the labor board were unconstitutional, and that means that hundreds of labor decisions will need to be reissued and you say it is a great news for jobs, why? >> well, you have so ask yourself, what is nrlb, pro or anti-business and it is unequivocally anti-business. some of the decisions they made will be looked at again. it reversed the decision for employees to have a secret ballot. they made it easier for the employees to organize, and even small groups, and say four
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businesses are forced to post notices to explaining the employee's rights to unionize and you say, okay, pro labor and pro unionization, and it is. but here is the problem, unionization has caused a wholesale destruction of jobs in the country ever since they were formed. look at one industry after another, whether it is the garment industry, the auto industry, the airline industry, et cetera, et cetera. so getting back to the map point, if the nrlb has to revisit the decisions, it could mean more business. >> should businesses with cheering? >> well, god forbid that the wo workers have a voice at the workplace. almighty corporation says that you should pray down and have no voice, but they deserve it. this nrlb means nothing, all of the decisions will be review
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bade five-member panel of nrlb and three of them democrats and senate-reviewed an confirmed, but it is a crime shame to be raising here h-e -- you know what -- about workers having a voice. >> well, the thing is that the president stepped over the bound, and there is a reason that the branchs of the government are separate, and he decided to do something a when nobody was around and that hurts everybody when the president can do what he wants. >> but the makeup of the board as chuck pointed out is not that difference, so is it going to be business as usual or what does it mean for jobs? >> yes, walmart can pick the board member, because it is like you have the democrats in government, and it is not enough to radically change the decisio decisions. but say the whole nrlb was disbanded, and would that improve the job market? well, in some cases, that would lower unemployment, but the employees can not just strike and shutdown like they used to
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and get in fights. because they cause problems for the employers as well. so there is a some functions that the group does that is helpful to the labor market and the economy and not a lot of changes for this. >> john, what do you think it means for the jobs? >> well, i don't think that it means a whole lochlt i agree with chuck. the problem here is jobs. we need jobs. union jobs, and right to work jobs and we need jobs, period. the president was slapped on the hand here and i understand why he did it. you have two members of congress who hate each other, and nothing is going to be done, but the president is not a monarch and that is what the supreme court said, we need jobs here, and this is going to backlog the nrlb for a couple of years, and that backlog will help the business slightly, but not over time. it won't make a big difference. >> quickly, gary, there is going to be some short term chaos? >> look, i agree, if there is a backlog and things will be done a lot more slowly and more slow
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ly with the nrlb has to be in favor of the business, and has it already hurt businesses? yes. even tying up their hands for a few months helps. >> all right. thanks, guys. tracy and john, listen up, because the government just put your wine and beer drone delivery on ice. this drone downer may be a downer for everyone. (trader vo) i search. i research. i dig. and dig some more. because, for me, the challenge of the search... is almost as exciting as the thrill of the find. (announcer) at scottrade, we share your passion for trading. that's why we rebuilt scottrade elite from the ground up - including a proprietary momentum indicator that makes researching sectors and industries even easier. because at scottrade, our passion is to power yours.
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may be picking up, but the government is saying that it may never take off. the faa issuing new rules grounding the plans for businesses to use them, but individual drone enthusiasts out there don't worry, recreational use is still fair game. jonas, you say ban them all. >> these drones are serving no purpose to mankind. >> they deliver beer. >> a few weeks ago i almost got hit in the head with a recreational drone, somebody flying one on the beach in miami as i was jogging, and what do i do sue some drunk loser with a drone? the corporations and not the individuals should have them, and the korms corporations are to spy on us, and people are going to spy on us, and they are a nuisance and if they deploy, we are going to not have technology that we e deserve like a dishwasher. >> i lead such a boring life that i don't worry about the drones, and you, chuck? >> i'm anti-drone, but i'm only
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anti-drone if they keep the ugly people from getting naked and leaving the windows open. i am pro drone if they want to take a picture of me going out to feed the hogs so they can send me some google ads for that feed. but we have to change the laws to modernize like we have already. >> and john, you have the take on chuck. who else. >> and john, who is to define who your ugly neighbor is or not. >> well, that is your problem there. >> and right on the line of being ugly. and 50% of americans believe that aliens live among us, and if i can't get a six pack of beer delivered in the souper bowl, because my neighbor believes that a drone is following him or her, there are problems. >> this is the modern day image of a dirty old man with a telescope, and jonas, i think that you got hit by a drone on the beach, because it was little boy's plane or something. i'm with john, bring on the
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liquor! >> oh, okay. gary b, this is this any difference than the cell phone? when you have a cell phone and taking pictures of people, and how is that any different? >> exactly. look, tracy said that this is the modern day version of the peeping tom, and it could be, but here is the thing, that we have laws against that. if you see a drone outside of the bedroom flying a away, you pick up the phone and call the police just like you normally would. >> and that is exactly the problem, you don't know whose drone it s and flying it off. >> and any drone, joe, call the police. that is what you do. any drone? close the window and put some clothes on. >> and there are going to be drones flying around and we won't know who the owners are. >> close the windows, people. >> and it should be noted that jonas was against airplane whence the wright brothers came out with it. >> i am getting a shotgun before those are illegal, because it is
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the only way the defend yours away from the drones. >> i want to know what type of hog feed ads chuck gets. >> yes, they will start popping up tomorrow. and we will end with tracy's line, just bring on the alcohol! thank you, guys. >> john, we can share. and my thanks to tracy and chuck for joining us. coming up, how would you like to sing these words -- >> i -- i quit! i quit! i quit! >> he likes that. he likes that, and now you can, and get paid $25,000 to do it. ♪ take this job and shove it ♪ i ain't working here no more ♪ my woman done left and took all of the reasons i was working for ♪ ♪
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pri dictions and gary bic take it away, please. >> july fourth is coming up and kicks off the biggest vacation time of the year, and who benefits but marriott up 15% by labor day. >> okay. -jonas, do you like marriott? i know you like the fourth of july. >> yes, but it is more than a stalwart economy. >> oh, like that. that is classy. and your prediction, jonas? >> on the water front, trouble is brewing and maybe a longshoreman strike which means that anybody importing which is every company in america is in trouble. and vanguard financial a, the f and it is not a contender, but it could be up 15%. >> and john? >> i'd rather buy a drone. >> and your prediction? >> one company is paying up to $25,000 for the employees to quit to get rid of the employees that don't want to be be there is a good thing. amazon is the first to start it
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and their stock is up 15% in a year. >> gary b, bull or bear? >> well, i think that paying the employees to quit is a good idea. john lowballed the salmon, 15%, that is is a rounding error for amazon and i liked it weeks ago. >> you work for yourself, gary, and could can you pay yourself if you quit? well, he is back and co-ceo bob murray says no turning back with the way that the administration is going after his industry. we are all going to be paying through the nose. welcome, everybody, on that happy thought, i'm neil cavuto, and even president obama concedes that the new regulations on power plants are going the cost us more. what bugs t s ths th s ths th s he does not believe that the president cares. >> we must have small low power electric power, and it has nothing to do with the environment, but power, and getting the power over the grid.
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