tv Cavuto on Business FOX News February 28, 2015 7:30am-8:01am PST
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internet yesterday, blue, black, green purple or dare ugly is going to sell out like hot cakes no matter what you think of it. i might get one for my halloween costume. >> it's a great bargain. two dresses for the price of one. neil, take it away. jihadi john wasn't looking for a job. welcome, everybody, i'm neil cavuto. we know the man at center of the gruesome isis beheadings, a man with a college degree from a well-to-do family. >> we cannot kill our way out of this war. we need in the longer term, medium and longer term to go after the root causes that leads people to join these groups, whether it's lack of opportunity for jobs. >> work isn't the problem hatred is. incredible. joining him we have ben stein
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and degan mcdowell. the thought is if not for a job these guys wouldn't be killing people. time and again we are reminded that's not the case. >> osama bin laden worth $3 billion, something outrageous. it's an excuse that is an enabling thing. i honestly think when she was speaking for the obama administration, they were tacitly saying to americans, unhappy americans, poor americans, people dissatisfied and feel discriminated against, if you want to go crazy, if you want to riot or somehow express the hopelessness of capitalism go out there and do that. it was a green light. >> no, she wasn't saying that. >> that's what i heard. >> i think it's a disservice to say that is what she was saying. that would suggest she was trying to incite violence. >> absolutely. >> she was saying that when
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people feel disaffected and not having opportunities is one of them. >> that's bs. there are people unhappy with their lives but they don't cut other people's heads off. you are saying with a wink and nod go out there and if you want to write about something, do it. >> she is saying one explanation for the reason that people act out and do horrible things is because they lack opportunities and experience. other problems if we can address those, we should. she was not saying people should kill people. >> every administration makes dumb statements. this one has to be the number one ever. think about what they are saying. there is an economic root cause for osama bin laden to hate israel. there's an economic root cause
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for the jihadists to hate western civilization. >> not just hate. i can see someone saying, i'm broke and i hate rich people. they are saying there is an economic reason or justification to take that hatred to the next step. >> i understand that. that's not my point. my point is it's one of the dumbest justifications. a lot of people go and join isis not because they live in impoverished middle east country, they live in the united states. they get our welfare benefits, schooling, obamacare, they get everything they want here, yet they are going to fight america -- >> careful with the word "a lot." how many are there? are they the majority? 10%? i doubt it. >> what i'm saying is a lot i used in the sense that isis is attracting militants from countries like or is where there is a huge transfer of wealth. they are not -- these are not
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impoverished people. these are people living here on the welfare state. >> bottom line, what do you make of the argument whether the more we learn about some of the top isis commanders the figures available, that money is not an issue for them? >> it's not an issue. you have affluent idiots who are joining this ideology of hatred. a quarter of the foreign fighters like a quarter of 200,000 foreign fighters came from britain, north america and australia. they have nothing. so they turn they are turning on their values turning on their families and turning to this cult of murder and genocide. >> ben stein let me ask you about what i think the administration was trying to get at here though they said it clumsily. the guys you are trying to recruit, you go where there is a great deal of mal content or people frustrated and maybe economically hurting. that's what they were saying. what do you make of that? >> i think if a man breaks into
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your house with a gun and a knife and says i'm about to chop your head off and kill your children, you don't say, wait, let me get you some free junior college. you kill him. i think if you try to use that excuse that people aren't killing you because they are disadvantaged, we would never have fought back against hitler we would have given them foreign aid. that is the most nonsense bs explanation. >> when is the last time you heard the left ever say, well, we can understand how hitler took over nazi germany. they were impoverished after the treaty of versailles. they turned to hitler. that's how we justify the holocaust. why don't we ever hear that? >> i think obama would say that. >> he's insane if he says that.
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>> well, there you are. >> i think you are exactly wrong. because historians did go and analyze what happened after the treaty of versailles. let me finish. and what did we do after world war ii? we had the marshall plan. we did analyze. >> do we sit around and justify while we are at war the killing, the murders of people while at war on economic grounds? germ warfare? no. they are evil. >> no one is justifying. >> nazis were evil. isis are fi justifying. >> you are trying to debate what irrational people do. sometimes evil is what evil is. >> that would be fine if it was a couple of buddies at a bar having this discussion.
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when you have the highest office in the world, president of the united states. even to have this discussion during this. right now the only question should be how do we annihilate them. after it's over with we want to quibble about the origins, right now crush them. >> but i think in some way maybe what this woman was saying is a justification for not doing anything. they know what they want to do. that's fight this in this touchy/feely -- >> doesn't she remind you of your geometry teacher. i think you forgot your homework. >> why not find an excuse about the charles manson people. obama would. >> we should bring all our resources to bear against fighting them but if we don't do something about their ability to recruit, i mean these people are crazy people.
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>> they are recruiting insane people. they are not recruiting people who don't get into yale law school. we are not going to make all the insane people sane. >> they'll always have something to use as a recruiting tool and i'm not converting. >> in this instance they recruited, let's agree he was insane but he was educated and somewhat affluent. >> so what? i went to yale school and there were insane people there. >> how did you get through? >> we don't know. >> bottom line is, i think we spend a great deal of effort in this country in this administration trying not to offend people who have ill intent and to gloss over what is pretty obvious here. i'm wondering to what end. what do we not do? >> until this administration acknowledges the root of this
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evil, they need to fight it hard and not intellectually. fight it with the same tactic. >> say what it is. it was one of the dumbest statements ever to come out of an administration about anything. >> air strikes sending drones killing them we are doing what we can. >> but to say that -- >> don't turn your back on dumb statements. i'm running with the whole thyroid thing. don't give up. >> you don't think this is up there? >> well, it could be. david what have you got on deck? >> could billions of dollars in arms sales be going into the hands of terrorists? why certain nations we think are our friends could actually be helping our enemies. plus, remember the last time washington passed something so they could see what was in it? get ready to point, click and be sick. that washington has its hands on the internet. we'll see you at the top of the
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hour. why these pro union protests in governor scott walker's state are betting on it. huh, fifteen minutes could save you fifteen percent or more on car insurance. everybody knows that. well, did you know pinocchio was a bad motivational speaker? i look around this room and i see nothing but untapped potential. you have potential. you have...oh boy. geico. fifteen minutes could save you fifteen percent or more on car insurance. doers they don't worry if something's possible. they just do it. at sears optical, we're committed to bringing them eyewear that works as hard as they do. right now, buy one pair and get another free.
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a fox news alert. i'm kelly wright. congress keeping the department of homeland security up and running another week. approving a one-week extension hours before midnight deadline. the vote in the house was 357 to 60 with the senate having already approved the legislation. president obama signed the bill into law late last night. an effort to pass a more substantial spending measure weeks failed yesterday afternoon. meantime, extreme weather creating treacherous driving conditions throughout the south. snow and ice-covered roads leading to more than 400 crashes in dallas, including 99 that are considered serious. up to six inches of snow have
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fallen in some areas followed by freezing rain. the skies no better. more than 700 flights canceled mainly out of dallas/ft. worth. now back to cavuto on business. >> i did run in track. i was good at the half mile and quarter mile. i've been running three times the last four years so i'm getting used to it. >> i like when i hear a fellow runner talking. from republican run, scott run, unions are running with scott walker took on the state. now he is about to protect the private sector where workers are being forced to join a union and pay union dues. he says no matter where you live you should hear about this fight. >> particularly if you live in a state that isn't right to work.
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it means you are not forced to pay union dues. that's where the jobs are going. in the last decade, that's where economic growth was income growth was, that is where payroll growth was. this does matter to you because if you are being forced to pay union dues and you don't want to belong to a union, that is totally unfair. >> it seems the demonstrators, there are people banging drums. anyone banging a drum has nothing to say. we want people to work and not be dragooned into paying union dues. we love union and being a member of the screen actors guild. >> the drum banging union head is on line one. >> i'm pro-union.
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>> they choose all moral high ground when they force people to join their cause or bang drums. that's worse. that's just annoying. this is what the mob used to do with unions. the mob was heavily involved. >> how would you know that? s. >> take it from me. my dad was a lineman. they would put guns to people's heads to join and pay dues. it's not that much different here. this is where the union movement will die when it becomes something that resembles al capone in chicago in 1930. >> what people need to step back and define what's happening. the working man or woman across the country, scott walker, isn't he the guy who went after the working guy? how will that play out?
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>> that will be the narrative portrayed by some parts of the media. i think the fact he actually won -- let's not forget, wisconsin is the birth place of organized labor, right? he was pressed on this in his home state. if people of his state say you made the right decision. money poured in from all over the country to defeat this man. he is going through baptism by fire, but he's shown, what about big blue states like illinois michigan. why are all these states going to right to work? they want to participate in this economic rival dagen talked about. letting people decide. >> a critical decision companies make when they figure out where they are going to invest. they want freedom to employ whomever they want to. >> what do you make of that? >> i'm going to give walker the benefit of the doubt and say he may be started an intelligent discussion, which is not something our country is great at having because most of this debate is not about any of these issues. it's about sticking it to
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unions. as charlie understands. i want to say one more thing. the reason that right to work states are gaining jobs right-to-work is not the only reason. there are other factors involved. >> doesn't it rub you the wrong way a union compels you to join the union? it's unamerican. unions are unamerican when they force people. that's part of it. this is a big problem i think. >> at the same time we want to make sure workers have the right to organize. >> absolutely. >> that's in danger. that's in jeopardy here. that's what we have to discuss. >> i well tell you, it's not the mob putting guns to people's head, this is the last stand for unions and they are pulling all the stops. scott walker may be the last member. >> union membership continuing to shrink. >> i remember in madison for his recall election.
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they said hurtful things to me. >> how many times has walker been recalled? >> every other month. >> this guy comes back every time. he's got to be saying something. >> we'll see where it goes. they are defaulting. now a group of college students have no problem sticking you with the bill. let me talk to you about retirement. a 401(k) is the most sound way to go. let's talk asset allocation. sure. you seem knowledgeable professional. i'm actually a dj. [ dance music plays ] woman: [laughs] no way! that really is you? if they're not a cfp pro you just don't know. cfp -- work with the highest standard.
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strike a protest that they hope will pressure the government into forgiving their student loans. charlie says it's another example of an entitled generation. >> i go further than that. this is an entitled nag. we are a nation of victims. >> not all of us. >> it's getting worsened a worse. not all of us but a glart, greater proportion of us. i'm on twitter a lot, right. >> really? into that's a fox news alert. >> i've been getting into these twitter wars with these fannie mae shareholders long somehow the government owes them the profits of fannie mae because they bailed out fannie mae and fannie mae paid it back. they're claiming they are victims of government overreach. this is a whole nation now -- >> ben stein, what do you think of that? >> i think that when the student took out the loans they signed a contract. they have to live up to their contract and if people are inciting them to not live up to their contract those people should be sued as well. it is a very serious matter,
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sign a contract and if you sign it and you get the money you owe the money. it's that simple. >> here is where the kids are saying they're a little different -- graduates -- not graduates. >> they're not kids. >> it defaults it so the school defaults, they can default. >> the government is encouraged people to take out these loans. >> by the way elizabeth warren is backing this. >> that's a surprise into at the encourage them to take out the loans and act like the money is free and easy. >> right. >> and then, oh, and then when they get in trouble then the government is there, oh, we're going to help you have -- >> can you blame them? we have a president here put your hand out. >> this is a great test for president obama who has given young millennials a wink and a nod that eventually he's going to do this. what better chance now corinthian college is publicly traded, trading at zero now why aren't they if in business anymore? the government stopped giving loans for their schools they
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went out of business. $1.3 trillion in student loans the highest default rate of any kind of loans out there and this is -- this could be the point, elizabeth warren is smart for her point of view to tell the president this is your chance, you can stick it it to a publicly-traded company, you can stick it to everyone right now. >> but why would anybody think it's a good idea to take out $200,000 in debt and go study poetry? how are you going to pay it back? >> charlie's point with this touchy-feely -- >> i'm not talking about this, i'm talking about liberal arts universities into it's okay to bail out the banks, they turn around and gave themselves huge bonuses. okay to bail out -- >> and it's okay to walk away interest a home loan. >> they want to be -- and the reason why it's okay to walk away from a home some broker told you that you could -- >> i'm not justifying this but i'm thinking that ever since the bank bail outs and whether you justify them or not we have had a series of bailouts and
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rescues, handouts and refixes and i think that these kids are just reading these past examples, maybe experiences of their own parents and saying, hey, i want mine, too. >> i would only say that in all those cases there were losers in the case of bail outs it was investors. i think these kids are going to have to be losers here too. i think we have to hold them responsible for the commitment they made. >> what has happened to you? i like it, but i don't know what's happened to you. i do want to thank charlie and day began. did you hear about the $100 million deal for these ladies? our guys have the stocks to grow your assets. >> really? really? >> sorry. after this.
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hold next five or ten years. >> adam. >> vanguard small cap etf. great way to diversify your portfolio. >> dr. stein. >> norfolk southern steel on steel is the way to move goods. >> all right. now go get rich. >> with terror threats on the rise new worries about the u.s. selling military equipment to countries with suspected ties to terror groups. one of these nations qatar getting $11 billion worth of arms last year alone. and as the president pow wow with their leader this week some law headachers sending a letter asking them to reassess those military sales. should we cut off all sales to all countries that have ties to terrorists. i'm david asman welcome to "forbes on fox." steve forbes, mike owe zaz yan, elizabeth mcdonald carrie she have leveled, bill and john tamny.
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