tv Cavuto on Business FOX News October 29, 2011 10:30am-11:00am EDT
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brea: gy b? ba> heidol nay ssas. wha re g dictionho h ohn t w dict n (laughter)h o >> (lghr) >>ll right. don'liket. brea: wt we like i righ ne n'ke.a ut o oren wweik i busiss at's aneut. onsiss 's >>ere we >> goereagain, gnothn, bailt, rly and ath il il nndth lca tasm coffin an ovehetop, hanngta osmof ssivvegainp,fter eurea on le er handssin outftasve eil of cleer tnd keepre oerom il haing t ld a d oeefp e rodebtal y. ha g may we a s dhodf h tbt ty. he w l reetay w eoccu spiers, theyt i rht o w l et pioctacusmer andhe d s itht is all htwrg pi butanot r thndeans i a g theye but inthg. eans chaespayne, haie eye ing. hayn gaeriie and kst gai anz. crles payne, whatnz do you c hink pamayne- w >>o nd nk wit >> crl gperino w
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ways raling ag gnst.peno he oysnldo res thatgo kagpt. m hing-- o nl >>dot's trkinto k >>'ve pgot build that m - >>addis tiinono m >> houe se sotiuiha.t >>ave:ut y kno wh ? di o the wasou tt lent t that >>e: y no a whli? e k hewashat tt lent hastoctk rk e na tho ught k knws b tter l oveshi s koc e ofhotuffhnd tthe market ikns bte l esshorterm kd i ay of ffort terhem, larking fthe theextrt minm i e and he t l ng wa sehe goonews his ekhe tin oond the gsse pote wds wa nu sers d ialood twshis ra yheheirpo w fnuges rnaiils thi ray an ray start tirhree weeks fgeai agond an catertall g tathr wks num oorlksoutrn atat this t t tum y oorso econ yhiid go dtouble ydip, b onyid g d blu eknp, t e bottone y then ba oue obouy,ot walltreelovethe a ndy we he knowou ttall y,stre lov llee vetheem, b a t are theroo ow t eltentsalo thre ovll yhe btoo.reer > whout geltitsngthoouch inll the eds.to the waswutecic ooason--h you ove es. the weheedas >>ivase-- th erouov whe theweed >>aler w strt--he nottal treas arot otort cerg gog onnd beat ag th the martotas goin c terg golon a you had at stheheart
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mild posive goroe poin a wo ys re hrt a thetreee hi theutto nldos aehoroe andpo in wewohored p aoihentee o t thiheton sckhond weho p oi rade mt startov e shts a stos go up de m sandrtuy t stos tt cov thsh the a toshgoortsup. ndd pot ou tto t c that thhesh sts rapors aourehat s a notorioly spid d sht sited a h t n orpi buttns. sh si>> wed is mber h tt. the peo e ws er sidehe bldin? e on outde? he>> y knw re de ba-in- on ut y? c t os ysrehat oa-- y. t os >>snd when gr-- o > l. >>ndhe laywho is higr thanit rightaywhis hnor- wheiht bke the tp sthey,ihe b mkeketheen uver t e nt fronths aen t sthe m t do to the ke t n wenftrsen doo--o gheketenint >and n um-r s eize d on that >d nr s ze deal, aai toten th convsati andheynd up a ing th.eth and nvtindynd uthen w g o th.u mak nd of the marketso m r inofg outhear ats senal a iout? in o>> y kno acay ihis n i ct?e, i thi nk y ino greata ihiws. cyou iowhi understan gdat th
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nd tous iow't abo uuter and gerent,ut ion'thin you ow, s iu-'t-bo g yt,'r i a'tin bad u , capu-itist y yad e hpy taphaovnment solved ome hpy t itsen problems ed the was europetsoble thas eopeaing out grce a it 't blingaing o ou p rivagr at banks. > wa b ngwa, thou a dueva nk wa spe. th a wh dholuehere ek e papewholr? herepe the thereek papers isng he hel heek pers iirbeing hey el french nkirbeg y itali an en annkby e wa this is ataay to bl utan i ly and tspais n, that tex tto and grele islynd f thai bl at andhat'exa godndrein s i ink at'sthbl ndt'go a gdood in i k 's chlie. >> a gd y er h oforal chie aazard. sur h ofhaal. >>nd re inargd. he roasure ha .>> t ovnmenisresiinnghe rprobms a s tart ting tov ens si ong. >> a guyob a i srt t wantoring o auy wng n-- wot sh up d kristin,
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yo can ve y-r ta on wo sh p is. riin we'relrati ng tyosn ytan obousl whe er. y 'r belrra t obslhe y r recthe ct tt capili mhtav e en recte t mpromid h pierli >> erybo isave enreakingut mi cha hmpagneorer he ebo s acturelyin ig lookro d d haag they ere heppos to r lytuly l and gd reekcomy ieys ge oingoso tomba yad dda, gekmy i gddnga, t an theseya pa,pl dondd exa ctly se ok le th areoneaxaly work lthre howre y goi to g ea e rkonom ow y oi>> iou gdn't nd i bui lte caer oonitm so in't butndour wuiorry what ca othen? ut w>>rywellha tthe pnt ishat en ese loutwe arelllways nt mp iy an it'sha amazi eut re th ws sav the ksrounant' ma thworlthreyearagond th w avw wee ksroe're sing th rl reemargaino nd ult imat elwe e' capaliswill ave o innd ultatork c aap ultisimllely e e basill ha toail beoruse u ru a ltt ofimthery baop's money oai and u prbeent e mucruof ofer op's mey it d anprtt nuct'sorthss nyway,t's i exercis ane of sorth futiity. wa >>ou rlizehey' goingxeis o to brintg mo y anti that the>> rzeoty'tomoi bntlimonean >>atho phentsotto moneli >> ps
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veryermone >> w knows. thecb n ry wextl-kn >> ts is dicth sittion and ll sthis itls car tisexacicy whit's gonng o inhe d sth ai s ifarou lk at acwh g onhelan on the ai ta e riifht latw,t'shelaonhe tari being w, t' reesend by tra gro, it voltarynd t's bng thing wttenre ien sbytoraroere itol ry her an t fac'sthatt in w enlook ilike shey' movg e fo ard ar tacueatssat er okke y'ov stoc fodueatr radeinall street hi t bton,inualst wheerou or t b on,r he agnsttoes s uoup a or riesf exptaonsnd iag st s uink at gs bao es e fallonnd000nd w ek eg gbao bail inllg ou tinanal w e plegs anexteed ler oto il outhear compaesan and een plante lon oouto heknarowomashnd een for n ou clkersnd in knher rds, opleet aorense of clke rs exctation nr s, le ase ofn push com exat to sve, e gornmt will shovsomeore n oneysh t cir wa and ske c, e ogom thtem. l andov ime wore ryey tore bout thawatd c oth. lonr rmnd i worte happebo hato tt marts i t oninrim. wte whaaptay yo tar i > we i aineeri wit hatht i t hink ihe a hee w ee someor h azards t nkead, we ve to ccmeor h herar
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thathat eas occurre d s oe tcc her ate st cas of are ndios o s saer and sioewt natul dister. no o perndn to swamt it' studier n ot tt oertoam t' ndi timarin ofhe floods at hit di aturals.in shou we el bf abohe the f s hct tha ty w en'turig s. ouenoue ear bebohe th is e ofhatthe- w-'t >> wreo ou darrawhe m alths of thhazae-d line s? >> o i me d lw's it'als greec za rilit nne and he me it' is'mre lkirinnd at, ita ii'm h aki ty'r put,hing eac oer i the h a arlir en whi i k indngfac tmire it, bu lienhi k dnehe s re thr prob, portugal i a prlem sd ir and i a thpr probm an pspaor igasl obl o aprndm oirndndhe re ob ando ypara the blin o a on tsehere y-called hard in wel sehopell it' sald el r orhoes. t' thishat e rll need o r ororrybout hit rll is wiollhe.s . rybo vernnt bbailing outs ac lik il lirnno bisieng o han't en iyet. >> wilikilhe ueovnm hat i yecontinue t wl o momhe uov nm oer s? nttt rney tden l m om ieresng otame he n h re y e n lk utiesreosuresme we hen av to all shouldnre dosoes
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e he ricul s ano. a e'lletho in rul t sec tion ll sment. t mor son sme h.ar d eaor there is d noeaon tsequreen tsoour decion ming a that's tnoonqu pblou wit the ba ilciou m y a t don t a ra onpal. it e u aba withometng i ythe onck oyourindra ion g. ng t a it beh baieted ie ourdut i. gng t botto nebeitismut en fotaitolunes pitis of mth fai equsio d wh it esn'workf that whethe quio o up y walwhl t n'rk athe he seet- >> kstin o dupual relate wst- the kincc wal dl reetu kds el r-- forome eson i couldal tet s se - kri st orownn i cldt tose >rii ulow >>ouhuld ve seene in > hpy days. no,'mhord veeen iap alis a nd that wha. mad e theo, coury eatapndal acc wal l atrehaadhe c is j ust t andolely w is j ricous, aolel y ese o goo wo, gea jo and pay oicou t stu de e gowoge loan andjo tndea pchin a stu cap alism. >>anou fndgot to insay, take a show r.apis >> d>>'t l f gotf to hat.sa t a thy' ow dr.gustin nd d i l'vo tt. be down er th >> dnd iguid n f iind beowerat >> i n
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> iis f groin ad ieel rry r t peopleha live > i therro i ieel y teoeiv er i really do >>llight wh we come baea sy mu o >> ll ht lear whng aeome ot fro s tmu ar soly ara barucy. otro nerepts tha mor axso ba brrueacyks aomin gneoreptsorhaor grn c panibr andeahe ke om in gmeor grake a cni bndreak from thos eaks ahat'ak a b coakng uroat tm topf t os aha hou up co uxt toprotmank bats housing ou b uloput ro anan t, a thba ger hng blo push t hanp omt,e ownerser by shshin h tpom i oers byankpt. and in i aornkding c.haie nd gaerin is wri abo aorng c th gaorers dpe wteri h aouse ives thth makor us em jt deteerat h se esthaks j deat retemenplant wo is aig dl...hank.. so i glait'sith deli . etenanwo a d..nk theyffere ila 'sonh on-oli gui nce helme eyer ch se moninve-omentui e el ch m venot ntst w h myavin pla he at rk. t w myiney hlap meithhe t all . my
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ac abul. the inalan ciming ul r nsibitie e th ddliestanhr cing para rncidts tibayiey th d dlst afghinsu en raid t ay anthe yite ouse o erg an indende review o t ane e se o er eng depa mend'sde riew p oam t th g een t pa nowam the t bankrup ow sor coan b kr 53so5r ilcolionan dolla l nd 53 5useepubilcansonave olee l condtinghe own e ubinvensige ateens a sol andng hewas oe fit rec ipieventig oatf a a s a an s fi gecraieee und a t ener aneptmt ogra graee u eredyephetm et ranomi stmul billhe. emi i jamie ulcolb eeptllere on i jie cohe ox per o ns ox hannels t m per na n nnwsel t >> nl: a you lat oer ws y r n aou l or oage ymen? y dot yojust go bank r esul t. e the ite use en con deri doyosto nka plno et ult.roub e he ome onri owrs pl inoet bup pub the h mtgag es owrsinterestnreeor fi p tearsend doe t himag inre invi yetor anoth erfirsnd d tcris vi>> soet athly. the oblewith llcrfishe se
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y. al te halethll obama isf proponghe isha t no toneea hba ski iro in t me. o andso you ndo kive t . meth g fo the dso yendo ve a ththfoheen a borrow er an equy shring arngement. rrow so ar nod yancaqures.shng ar>> ang it'ens n to--od ca s.forus the is atet'r cases. -- heas p uorhehe for se the where p ping t uheirhe f mtgag, buyou gu th e pin the harl egmardlesag ibusuadgu mo. rl it' a begdl move. sad lte wmoca see w het' bt'smove oing l wthe caesidt doeen't wre abt't thslender be f ra nkng withe ou. iddot an akabgthnd b f th. t lantlegte t y ltlte t ti mately. annie mtimaly ni cmontrs milli rtga c and isf youike ls m th 70 00 ga80,000 a tt' ysou ike sit, you thgh t a h00se a8000 t t, $0,00 it'wor a hse2000 th's a you o$we00t' rrigow 00nd wldn' be th aou ouris row we n' ase hail maisryhiis be nd rinanng i'm t hinl gma ab be ranng i redin princalto-- ab >> a talking rd a pri t to
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fann ie> and aredd alng a t nnndddthing? > t n yet. thg? t s pa icul. >>his trtic nar o y, if. you' cur nt oyourome, on yr mogage tnd ipasul >> s unic oifrwat wheu' youuran't oeture, efin ymocege im t atheou't bain. >> n tl:heive c bapt thing fbaor. t w n arecurrc ent. ba >>he pptblem titngh fhis and i w eel adar frrt.eo who are >> p em rrenhiand ay n i beur re l in teoee wks bause ahere end n be ur long the tb, w bseheret,t's mo lozaheagai o k t' sba in o utmo home zaowners why o d th mortg e cris t outom e ow horsin w c s octhr?tgcr is tcse eopl w erho cras ought toelie if ey ke, m neo ltalking, f ghoutto tief ra ud you, don n'tavetain tbeefud ret t araud ou ontertingtheg, mortge t okeromes to reme a aays erng mtg i' er geso you 2 mson doars or a h oui'an't g ou 2 m affoond. dos aand i wlday danon't wa any arfot it, but t d w ayre a dot oon op a lwa onyfar , ople thatsaid aah o i an lge otf a leat, thid g wi ian y a owcrew upath sewg uphewi pa per wework and ianew affdhe it and sll g ngpa tpeo w takkend that aomd l oa a t at's g ng tralo akeza. at om >> lei whai tt' or oul
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gain r >>egardleis haha y thinabouit to sort of in r dl pron yg th e any andin oounnd t s t on weo and apr oth w aeny nd ogo. n wipe drip anddr aip we. ip. >> yeahipdr tres thatndipt is>> tyeroubnghat nthe the ub haolutns tt ne he e he siut has t prosedas rllyealt in an largehesi hy, utpred ry teare isn someth lingge le 15 mliy,ut samer an hes meundegat eno 1 > what wld y oueran hesdoun ha do yo >do wld we d toorrect thi s ms yo doandai don't d e amton orcthis tsnget it wo itsndelf d't out t a i the othwoertsideforut rincal wt would ou aheth?eor >> i think ncal w wldatprobay the? hi ama admroisatyhean thes re aip dri pla a ndesre dla a noticng aiffence. in aay wllinto tic xts a afend te.hat' the a w ll prlem,hatso t pro blem .ts >> ahe g tsheurti t prwom,e, t it'roemt- >> g >> are,t' ts not dragng t' t' notra in ge,out't.ot dr tre's lots f h omot going inre cltur'ses andots h omforecloiur inve--clursnd >>orec rere hclavur aos t --
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stped in m>>yec statere hecse 's atualy wai ain mco. ta recl ures aave amostly oppe in maiy stesco b. ecause o tclese st n iopeid mest bau inst igon in re inignistigin >> a therobl arl has oo poniin a>> hhee isblhehe ob m, rl thooovpoernmt hishe sul- yo wantyou wannmtui a- yontuan irtybasically,le aar thearke orou w an aty baca rip,ledrarp drip he heke nt wan a te ye ars,p, wt isriwoe.he >t te lteyen s,ifto u ae. quick and dir larteg of ifmae. u q 1ck mil lion peo ean lin dg tirar o home it's ot g1il tono p e t irst qck a notoing m i tbe g to a lil bit q aotng dtybeit gng li l it be dister >> dte w t d fedas gng said e wh we'er loong datte w t edall kn it hidhe whortge'agoo at ewor k pl rogrs tt whait hhe tg the aveeen f or p progrne t wha on. th folk f default a pver agai on iothe wordlkefeltitehe ve ag re rkihehererd stille kneteehe ep i troub a ty're re hestilrenottieineepednd i ubildot s ty' muc ilprotment. d so, a en til adoinstsuc ha t ront , i enastwe, ase d sist i i isn dnghe jo > ise td hesi n doing tn b.hejo
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>>eil: o ah d, ikrsti oiirst'll b. >>l:ah etouns stl tha >> anks. >>t's t dongnshejob, hather ho d ks s or>>t ofs do eqjoty s ring pro am heer d syou y a ouororof300 eq snggrand,amhe t' worth u 0.a u30an c e in, wththe end and th berit it c50e , ndnd so,re th it s ll somso o, reof, u kn, sknn the game s antha ss t , knskn eame anhas tproblem. >>eil:ll rht. and an-le >> thi it' not bad >>lan.l: r. d t' just ooan mp le>>x. hit't d th an. d rpe t ust ch lie,mphe bt th ng t do a to apeow t thi thing ch ae,no btherth to wo o ow thihr yrs a to reercor. o cano. >>oh yrsm- t-reco >> t an >> thr eaf- t void-- >>ir jtf g -- >> c haidesayay s>> jt g a le-- ano>>er f ce s.ay >> uess you lhe mkets no f sett therices.and 's usouhe mke gointttohe hcet,d it'gointo-- he sam ein mtoar hkett' tint -- comebailt foitlf? s m it' a dfere mat rket. meno, ilt'fosnoitlf git'mm a dremaet.gimm i , agre gimm imm i sangt'sre r i le ng
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>> t'il:he guy rsou c er lo ve: g and cerece soclolist nd>> ocour'vwrecten a wh eocookbost it. our >>eil:wrryinteto t ae itp foyou. wh kat ibo sayg isit.en >>l:in tit fou. iayis yore bngelti who ge , baed o. yo re 're absolelyti wghhot. thge's tba arg oent f 'rbaileg bsou homeywnght. and th t rgit'sctua fy a prey go il g end rgum 's diua't wabailut wrel go reet anyou owt's r t o um makedihe wil w aretme-- anu >> as spp tero keslope, once star t i at sppsn't slop oncop. >>ar ihe oy thg is't suppose weidn'baiopl. othis out sthepoank, we whn' wouai hapn, h wou we oowhe k >> that' the wh ouap houprlem. >>t'he prone le the f le. e t >> feil:hat dyou thk, chars. le >>obs,obs, >>l:hale dasu hth t arcredib le>>s,s, potenal of leas co ttr ato the ar oedibot co succs aearhe hccousing aarket willecer hornge tkehanny il er gimmic ulore > tneil and tnys y, ou mm engh, y beresint >ilnd oy,f th u teend st, atbe. si o tooolto e thpr utestesidt or
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ceo ibm oooltoe idor o bm at bk ofmeri we'rlendg aninveing comniti brossofhe crintry 'rnd anveg omti fr helng t revisslize c ry a ighbhoodn brklyn frel tvize a hbodbryn toinanng iustrs th e crtingobs bosn toan itrth crngs os orroving fding fothe pansn of loc busess rvinor vi fdivenge se tle mmunfoy e ns ofocuss in vesee un and pporng traing pgram r tod rrowor wororce ai los pngelam. becatoe thowmoreore cacedo osin lelal n ghbooods cathreca and mmun lies, n bods thmoree cahelpake d uns, thre calp opertuny poible opunpole at mes sttra you smtpho's mo powful adinapp m sraou smho tota accemo - toweverl hingin p ta cefrom tdea er ngre archo tre. oma rech tr cludg fincia dicars udfi ia d re-timcastre ing otes etheyou eck ur vestnts reery imy reg es heor eu ry mk ute, our stp cas takey hem om e me,r cakem oughto tde. scoradesevedoll tres a justhe art. gh t. codevell tr ause t. try r porfulobilapp.
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rold reagan, winston ro churcll. ean, conel nder thk qu wk. st whato th ahurcav. e in col er th coquon. at th we, th allavha iedn t rld aft tcour.ng60 some wethll t o ft tthemur welafte6060, omt te ssag at sms o t y emelte , can t kp agt msan. danpushe c on he ushe yout, aer heturng,ht' s t, tturahtional remen age t a passi overaon a remge fello
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aas me ote m als w rel ftwa divion so tuing thi year inste ftwa ivn goo tug hiye54-ynseaold vgia go o ttg tha 54-y i'mureahe ttg have very 'm qlifiheed, t dn't ht thatheerasy a not qfi, t 6 at > au knot, th mig go ck t thet esiden 6al knthigo tt esen eleci n, seh, jo mccn wapsyut ofsi heci sehjocc eer nce,wasysyched out of usg his wiom ee, sy edsych outsing ausgh t om an tri och bmesi the g ae h osidear ominoro a b he nge me. ode thiomre goi t ng . is. nei it'hinot at ty oi lo the job atbm . 60 eit't t 's hig hllohe robommeed in mageme60 thaat60ou s te p hme i mameha60ou s ase. and 's ieresng tugh, we'roong at t heas red ti iremeesnt a t wh, w t'r push ng ack tnd a and re somme aush mpa ie arek snday ainghi a one om is frly yng and the c searre s gi getne t fy ttng nbendr t the me g worriet nbe tt.e > and rr at.m,oo a i snd60 oo i as she nt 50.
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i syt3050 se yiheoemeop a thfor yi whilehe ands m womaat 5ophe a l thr wlend be thser e masix 5ar >ix bthar >>x and rem he> stan >ndemtan 'neal,epced johnai eaonef hcethin hohe wnai yoneg he weheth l hge w meillync woulhaveg een h et ofehe l menc bulinves.n of washe aol bein ws.st ceo as the ad.le w st >>eond ion'tike did byhe calendard. >> ah >> iag'te,e i dfaid byactualcagly ndtink age, we've ifaot al y fattonko ma vraaby w vet boers hefaadtoedmaab bo teach er cshead and refitersetirg at ea55. cs what terblwast w n wd efi rsir at nd t mesge t t he5. lk at er youstcare w i w oever w y ou t es t thit 6 ureo6 w a yot oeoe avt e 6 aote avleft tgive >> ty wa to colct t ot pens n fus angoldpl tedve t >>wae caot cffo. >> nsfuluanldte. >>hat' unfo>>unatca itfo unrtunat > >>ll rht, istiten? >>t' fo>> watl, t it aunun lot o >> rople, re gtingn?o be force d wl, to wor aot long erle t gooubeorint.
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wu know i tngouin smany oplekn there i a sma f resh thalet t re ed wdom d ne a rbi and f ishhihank i a ll a wm utne r perfornce ant'sot i ahi i a a numr. pe it'sorow ye performshrotgh a ur sharol rsum whe'si w yerrm this ld t hare botheree thehe w his h b helea. e joihenhe ub allrigh i wnt t oeank oi n char e llrih i tveryo, rynkuc t ar mnte, proofry t mhaibe,m mightro ve i wrong.ha ib mht ieo'sver wrelg.erto 's rernsor the es telheery res m t te oles and div ol andhe gue goies. the mes e cong u gue gos. e s co u
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