tv Cavuto on Business FOX News November 8, 2014 7:30am-8:01am PST
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purposely do a crappy job with household chores so their partner takes over. i think it's higher. >> i think so, too. from a republican takeover to a presidential do over, hi, everyone. i'm neil cavuto. midterm deja vu, or is it? president obama getting little ground after the party lost a lot of ground this past week. >> as president, i have a unique responsibility to make this town work. to everyone who voted, i hear you. for the two-thirds of voters who chose not to participate in the process, i hear you, too. >> two-thirds a little zing. anyway, a far cry from another democratic president 20 years ago, the very same week. >> i think that i have some
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responsibility for it. i am the president. i am the leader of the efforts that we have made in the last two years. and whatever extent that we didn't do what the people wanted us to do, they were not aware. i must bear my share of responsibility. i accept that. >> i must bear responsibility. interesting. that led to a bipartisan party no matter what you think of bill clinton. are we looking at the party ending before we start? ben stein, megan, adam and charlie. this is the first time in a long time everybody is here. >> whoo! >> all right. you know, i don't know, if that was such a great idea. anyway, i'm kidding. charles, what do you make of this? >> the contrast was striking. what you didn't get is that
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president obama overwhelmingly won the two-thirds who didn't vote. that's the part you missed. >> why did he say that? you know? it was for no reason. >> he's still in charge. >> yeah. >> bill clinton says it simplest for how it should be done. you would think that if the president does care about his legacy just half as much as michael jordan talking smack about his golf game, you would think and hope, we don't know. >> there's no reason to think in the next two years that he, the administration is going to be different than the last six highly partisan pushing liberal policies. no reason. he's going to have to work with other people, accept something less than everything he wants and share responsibility for something, if it goes right or wrong. >> if you don't own up to being among the contributing factors -- >> why would he do that?
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>> exactly. you have to wonder, where do we go from here? >> the smart thing would be for him to compromise on a few basic parts of obamacare, dodd-frank, targeted tax cuts. the economy would grow. a problem in the jobs number is wage growth is crumby. we would be better. you know what? he'd probably elect hillary clinton president but he can't do it. they are talking to him every day. he will not do it. from the grave. >> we haven't had the pleasure of your company in awhile here. you are still a hater. all right, ben stein, what do you make of that and whether the appetite for change is there or not? >> well, i think it's a bad thing that mr. clinton showed to be more pragmatic.
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mr. obama is more id logically rigid. he's such an amiable guy in his persona, but his politics so rigid. i don't think he has program for the next two years. i don't think he had a program after obamacare except to disarm america and make us weak in the eyes of our enemy. i don't think he knows what to do except what you say, as charlie said, channel it from beyond the grave. >> adam, do you, as someone who is supportive of a lot of the president's efforts feel some frustration that he didn't see the significance or ramification of the vote this week? >> sure. i think we would -- it's sort of obvious that bill clinton is a far superior politician than barack obama. that show, the clip you played, it's important to show, neil,
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bill clinton was in his first m wanted to get elected president again. president obama isn't going to be elected again. >> this president has no reason to do -- no reason to come back and be productive. >> yes and no. charles hit on it. >> which is it, yes or no? >> i said yes and no. he doesn't have reason to be re-elected, but he has his legacy in mind. >> focus on the fact he's rigid or ideological. obviously the republicans have been, too. >> the republicans won. the republicans won. i will let you finish. come on. he said, when he got elected, elections have consequences. he was right. now, i'm wondering why they only have consequences when he wins?
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>> i agree. there's no argument against that. what i will say is that i think the president should lead. i think he should say here are my policies and where i'm willing to compromise. there's no indication from john boehner that he's -- >> oh, come on. you and a lot of reporters out there -- >> explain to people who he was. >> they can use google. i think our viewers are smart enough. >> that google thing. that's going to be big. going to be big. >> a lot of mainstream reporters don't understand and won't admit is the democratic party changed immensely since bill clinton was president. this is the new radical party. for all the, you know, all those trees they cut down and, you know, newspaper space they devoted to the tea party radicals. >> you don't think this week
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changes that? >> no. barack obama is channelling what the democratic party is, which is an extreme party. >> well, that's -- wouldn't you think practicality? compel -- >> that's one of the things president obama got away with is saying the gop was the party of no. harry reid will not be there anymore to stop this. when the bills start hitting his desk, he will have to explain to the american people why he said no. why say no to something that looked good on paper. you don't like that one. what about lower taxes here? what about keystone? >> immigration reform. >> no, no. forget about immigration. we are talking economic things off the bat. when they hit his desk, he has to explain. >> in the meantime, do you buy what they are saying that the
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president doesn't want to compromise? >> no. he and the administration will use a giant paint brush to paint conservatives, paint republicans as whacko right wingers. >> that's going to be hard to do. >> i don't agree with you. i think he thinks he won. i think that's why he made the comment about the two-thirds that didn't vote. had they won -- i would have won. therefore i won. >> he's saying this election and these results are not valid. i don't have to pay because these people didn't vote. >> exactly right. exactly right. >> he says i want to make this town work. what the hell does that mean? i know what it means. if you are the president of the united states, you are going to try to make the country better,
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get wages up. let's see if adam can defend this. >> it's important to get to your question early on, neil. i hear the people who didn't bother voting. he's upset about that. i wish they had voted. >> why mention it? >> it's his fault. i think he's owning up to his fault people are upset with the way washington works. >> i didn't get that. not at all. not at all. he says he won. he thinks he won. >> yeah. >> he didn't say that. >> he kind of did. >> he thinks he's the king, too. >> absolutely. he does. >> the president may be digging in on advocacy for illegals, but is he asking to make it harder for legal americans looking for work to dig their way out? ♪
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i'm kelly wright. freedom for two americans held in north creigh yea. they have released denneth bae and matthew todd miller. bae convicted of unspecified crimes was held for two years. miller charged with entering the country illegally. he was held for seven months. the men are on their way back to the u.s. now. president obama getting set to announce his nomination for the next attorney general. in about half an hour, the president will name loretta lynch as the head of the justice department. if confirmed, lynch would be the first african-american woman to hold the post. the second stint as u.s. prosecutor for new york. i'm kelly wright. now back to cavuto on business.
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you're watching the most powerful news, fox news. all right. the midterm shake up isn't slowing down the amnesty train. the president is vowing action on immigration by the end of the year. most likely meaning he would delay deportation for millions of illegals already here. charles payne, when you say all negotiations off in that department, right? >> he's not going to use executive action. we are talking 11 million. we know about the wages. we know about the moral. think about a president where president obama or his wing talking income and equality. we are going to open up the door for people who work for peanuts. people who work in this country have no chance. >> wow, wow, wow. >> ben? >> this is why charles payne should be president. that's a brilliant point. >> anything we can do to get him out of here.
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>> this is a great, great, point. the point i want to make is we have a tremendous problem. we are immense labor problems in agriculture. the illegals do a lot of work in that area. we do not consider ourselves a nation if we don't have real borders. >> i step back from it. regardless of the pros and cons of this move. it's a risky move. you hear a lot of lawyers tell me. i wonder, is it permanently poised for any negotiating? >> if the administration, if the president takes action unilaterally to keep more illegal workers here, then absolutely. i tell you how they can do it. this is 2-year-old program, we talk about on this program. it's deferred action for childhood arrivals. 700,000 people applied for it. they are here illegally, came here under the age of 16. they aren't deported temporarily
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and they get work permits. a lot of liberals are talking about expanding the program, bringing in parents. you could keep millions of people here, who are here illegally and keep them indefinitely. >> destroy the democratic party. i think there's a good chance he will do it. what he was saying during most of his remarks post the tuesday night, it was -- this was the one thing he was clear on. it makes no economic sense, if you look at the unemployment numbers, they are getting better. wages are still low. we have a real problem in this country with wage growth on the low end, bringing people in that work for peanuts, as charles said makes it worse. the demographic strategy of the democratic party was put to the test the other night and they lost. i wonder if they go this far, will they be able to win again
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in two years? >> very good point. >> i think, charlie, you are wrong on every count. >> thank you. >> first of all, business, all business want immigration reform. the reason ben talked about, we have a labor shortage. now, politically -- >> those guys doing all the work in california are making millions? >> boehner can't control his own caucus on this. republican leadership wants immigration reform. if the president does this and the republicans fight him on immigration reform, they won't get the hispanic vote for 20 years. >> you really think hispanics want somebody to come in and take their job that is is willing to work? >> they want immigration reform. >> charles here is another thing going on. behind the heat.
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i think this is sort of opening on the part of the administration. i'll do this, but here is what i'll do for you. border enforcement is a big thing to you. i'll get more troops on the border. see if the federal government will pick up the tab. i think a number of republicans in that event would go along. >> i don't think enough will. i think -- i wouldn't be surprised how many line up behind ben on this one. he might be nice to gop on this. the presumption that hispanics working and living here are okay with the border, i think that is starting to wear away more and more and more each cycle. i agree with charlie, the democrats had a wake-up call with hispanics, black and young people. they are overplaying their hand now. >> they won the groups, to be fair. >> but you know, i think people are waking up to realize that,
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you know, it's an economic message on tuesday. we are talking immigration reform. people want better wages. they don't believe the hype that 5.8% unemployment is great. huge problems of people dropping out of the work force. that was the talk or the vote, we want you to deal with the economy. he's going to divert to immigration reform. it's amnesty. >> we shall see. you voted. one group of stocks rallied big time. why you will be seeing green, even if you don't own them. up next, who needs black friday when stores are cooking up early bird specials? there's my wife, third from the right.
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opening up on thanksgiving day already getting backlash. i think opening at 5:00 p.m. normally 8:00 p.m. a lot of people saying this is sacrilegious, anti-american. what do you think? >> anti-american? this is pure american. let me give you a list. i know where you're going with this. >> okay. >> toys "r" us open, serious, kohl's and macy's opening at 6:00 a.m. and it will save families. guess what? people don't want to be at your house. your food sucks and they want to be out shopping and about 8:00 somebody gets stabbed in the hand. >> and look at the tile.
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at the time. charles payne what do you think? >> part of it's true, and it is, listen, a lot of these companies outside of macy's are all in trouble. like a gambit. >> what time does the payne family sit down for the thanksgiving feast? >> you know what? i don't know what time we sit down but i never get up. so -- [ laughter ] >> okay. >> then you got to -- >> there's no way i would ever go shopping, but who cares? live and let live. what's wrong if you want to get away from your brother, not see your brother like i do all the time? but -- get away from my wife? >> ah -- >> macy's, better than getting stabbed in the hand with a, to. >> what do you make of this? >> you know i was going to come on and say sacrilegious but i think, beautiful, wonderful, brilliant incredibly smart dagen convinced me. get away from our families. what the heck? what do they mean to us compared to saving 10 cents on sweater? >> adam, what do you think of
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that? >> i don't -- i'm dumbstruck, i don't know what to think about it. i would say it's not very kind to their employees to ask them to come in on thanksgiving afternoon. it won't make a difference in their sales either. a few extra -- >> 5 1/2 people. >> last year it did. a lot of the sales wasn't a matter of front-loading, did okay and. ied on through the season. there's is a madness to this. >> they could eat leftovers after they get done work. >> if you worked at jcpenneys, management, keep it going. >> a great store. a great chain. >> and the family value guys, liberals on this one? >> well, nothing wrong with that. >> he's not a hater. >> he's a good man. >> these are labeled -- >> families hate him, though. >> let's get away from that. >> why so angry, neil? >> no idea. i have no idea. >> hate my cooking and i hate them for it. >> dagen has to go. charlie has to go. up next, now it's been a month since this guy, picked a
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after the election, the money lesson. help the struggling middle class. some of you say, slashing tax rates for everybody is the best way to do it. are they right? hi, everybody. i'm david asman. welcome to "forbes on fox." go infocus to find out what steve forbes, michael ozanian, along with john and rick unger, the middle class spoke loud and clear, steve, want help for themselves. slashing tax rates, the best way to do it. >> absolutely. worked in american history do it across the board. i'd like to ge all the way and have the flat tax. going across the board tax now would be
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