here's neil cavuto.today that the national debt eclipsed $16 trillion. >> we are better off. neil: not using that as a bumper sticker, are you? >> i got a bumper sticker for you. bin laden is dead, and gm is alive. neil: where we would be without the bailout? >> i think about the restructuring. president obama doesn't get enough credit for it. neil: this party is embracing big government, and not at all ashamed of it. >> for us democrats, obama care is a badge of honor. neil: early on, health care is seen as a virtue, not a vice. >> are we better off because president obama fought for health care reforms? you bet we are. >> if we don't end up reducing the costs, it will bankrupt america. >> he takes away our individual rights, tagses -- taxes people. >> cut spending. neil: you're the first guy who volunteered to reduce the debt and deficit. the democrats at the convention are not retreating from their initiative, their spending. >> if we want to win elections in november and keep the country moving forwa

neil: okay. your grand dad, if he came back and look add this it nomny, this tick spoticket, and debt, what e say. >> much of the same, to me, that is what barack obama has been doing building for the future not just for now. neil: you do your grandfather proud. have you no problem gets in restaurants with that name, do you. >> i don't use doctor. neil: i deserve that one, all right, thank you very much. very passionate about this from the beginning, long before people drew the connection with the name. well, we're still continuing this conference, you have nancy pelosi spoke earlier. and showcasing women. democrats very proud of that, very proud of a lot of themes that led to that, this party has to address issued that goes beyond the stage. i've been telling you a lot about what bill clinton has to do later this day. to sill the idea, for the recovery it is still a recovery, we're still creating jobs. we're still 29 months to a month after another of steady job growth, that is something that de

neil: i am trying to be. neil: all right. okay. >> a serious problem, and his timing stinks and he should not have done it now. he should have done it either a lot earlier or later. neil: would it have the desired effect? you talked about short term and long term, which we will get into in just a bit, but the short-term gain, i wonder whether it is as pronounced as we think. in other words, it is pointed be the best economic news that this president has until election day the markets are soaring or if they continue, and that is debatable because these type of runups in the short life. is that enough? >> no. no. the american public is smarter than just looking at as slightly bubbled stock market. they're going to look at the eight. whatever it is percent unemployment that we have in that 23 million people that are not working. the fact that last month we lost industrial production, over 1%. the fact that the economy is moving in the wrong direction. the manufacturing index keeps moving in the wrong direction. this is not a hap

neil: neil: what about congressman ryan? >> [inaudible] neil: it's a bipartisan thing. >> it is reflected on the incumbent. remember when bill clinton left office. this country was in great shape if. he had cut the national debt by $600 trillion and let the plan behind him to reduce the national debt in 10 to 12 years. neil: we don't know that for sure. we do know that if a recession had taken hold, we could argue that forever. but i ask you, because you mentioned though clinton. he is a key speaker at this convention hall. a lot of people say that he and obama have a lot of agitation. but they don't really get along. >> these are two grown-up human beings. neil: did he run a speech by your? >> he didn't run it by me read didn't realize it, we should have. i will tell you that he feels very strongly about this election. he is no fan of mitt romney. obviously no fan of paul ryan. [talking over each other] [talking over each other] neil: the allegations that have come out now, do you believe any of them? >> we are all big boys

>>neil: and we bailed them all out? >>guest: yes. >>neil: you said what?guest: mayoral lynch was -- merle lynch was at fall. city was at fall. say the accounting rules on what they should be in how the institutions mark assets --. >>neil: but everything was tumbling down so the value was dropping by the minute. >>guest: that was exaggerated. both goldman and morgan standly, the commercial banks had higher capital ratios. the f dr. i contract fought a lonely battle. >>neil: you do not thing we should have rescue them? >>guest: we had to do something. what we should have do is for stalled them to clean up the balance sheets. we tried to launch troubled asset. that is what tarp started out as. >>neil: you warned people, but everything was rush, rush, rush, and you were annoyed about that. geithner wanted you to shut up, and you were, they tried to ignore you. you just raised holy hell. >>guest: i did. i am glad i did. people say, well, you were part of this. how can you complain now. i decided usually on i could throw up my hands and walk away and not play wi

>>neil: that is silly.sted me, i could see the president's supporters thinking, well, we could step back but to your point it could be frustrating to romney supporters and thinking game over, how like i is that? >>guest: it could cut both ways. they could be spurred into action, they do not like president obama. they could be spurred to action in the campaign to work harder. >>imus: whose backers are more rabid, more jazzed? that is kind of, you know, ethereal. >>guest: a lot of republicans think, wait, this is the time after "hope and change" where a lot of liberals are disappointed in the president. two years after the tea party spurred a big takeover of congress, as well. i think, personally, that the republicans are more injuriesed than -- energized than the democrats in a time the economy did not turn around and president obama did not do things the supporters hoped for. >>neil: always good to talk to you. a fellow that probably shares the action act view, bob beckel, star of "the view." you agree this

>>neil: stay tuned.ngs are just getting started at the democratic national convention but what you notice immediately from the setup here, there are no debt clocks showing either the national debt or how much it was at the start of the convention. that was a major part of the republican convention in tampa. >>neil: welcome back, everyone. i just had a pregnant pause here. i have noticed something and this could just be me, look the at logo they have behind me on the stage. maybe being the corporate nerd, what does that remind you of in pepsi. pepsi. they were reaching out to pepsi drinkers. you compare. we decide. i don't know if there is a message maybe if you go for the caffeine you get more pop. i notice this on very little sleep. so imagine what it will be like on thursday but that is a pepsi logo and that is what i am thinking when i cover this convention. and i get back to work and decide, enough for the the delis ideas. so pepsi logo is the logo for the democrat. and we have the fine mayor of char

>>neil: stay tuned.hings are just getting started at the democratic national convention but what you notice immediately from the setup here, there are no debt clocks showing either the national debt or how much it was at the start of the convention. that was a major part of the that was a major part of the republican convention in tampa. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. trick question. i love everying about this count! including prilosec otc. you know one pill each morning treats your frequent heartburn so you can enjoy all this grt land of ours has to offer like demolition derbies. and driv

neil: thank you very much. >> thank you, neil.l: while chicago teachers are still striking, teachers in new jersey are looking too strike a deal, but union president in newark, new jersey considered to -- for merit base pay, the better the teacher, the better the result, and better the paycheck. and human evens heidi harris said that these teachers should get paid what they deserve, this is an interesting concept, but i find noteworthys is where it is happening in specifically newark, new jersey, that is unions there seem to recognize we have to bend here what do you make? >> this is interesting but they want these people to be evaluated based on 4 2k-6 4 dift tiers, but they would keep teacher jobs if they were even rated ineffective. why would they still have a job. neil: we have got en into this before, there is a great push, everyone say the teachers, and teachers, i never heard someone say we have to do this for the kids or johnny and suzie, it's like, did you forget something. >> they did, look at chicago, the kids are out o

>>neil: stay tuned.hings are just getting started at the democratic national convention but what you notice immediately from the setup here, there are no debt clocks showing either the national debt or how much it was at the start of the convention. that was a major part of the republican convention in tampa. hi, i'm phil mickelson. i've been fortunate to win on golf's biggest stages. but when joint pain and stiffness from psoriatic arthritis hit, even the smallest things became difficult. i finally understood what serious joint pain is like. .. it may lower your ability to fight infections. serious, sometimes fatal events including infections, tuberculosis, lymphoma, other cancers, and nervous system and blood disorders have occurred. before starting enbrel, your doctor should test you for tuberculosis and discuss whether you've been to a region where certain fungal infections are common. don't start enbrel if you have an infection like the flu. tell your doctor if you're prone to infections, have cuts

>>neil: he does. of democrats would might look at him, though, d say, waits, i remember that guy, he was better. could that hurt? >>guest: and they will hear him say and this is the guy we need to continue the kind of things i did. i don't think there is any space between what pick by will say and what president obama wants to do. so, it will be very helpful. there is a great memory of bill clinton because the in 1990's we were going gang busters with jobs so he has a message and pick beknows how to deliver a speech and get you impietied and inspired so people are looking forward to this especially after yesterday. >>neil: michelle obama knocked it out of the park. some are saying, that she could run for president. >>guest: michelle obama, she could be a commander in chief if she wanted to. >>shepard: she gave a hell of a speech. >>guest: the way bill clinton would say, my best office point probably is my wife. >>neil: what stands up to me not a word mentioned about the death. we crossed $16 trillion

neil: thank you, sir, pat, always a pleasure. >> always. thank you very much, neil. neil: all right, well i have a filing this might come up as a debate next week it could be a game changer that maybe media is wrong page. we are out in denver for the opening salvo, what will be for debate that kicks in denver could we're there 8:00 p.m. eastern time through midnight, unlike a lot of other business networks that say, yeah it is a big election, be there or be square, we're there. you know, until we're not. don't be late. >> meanwhile, the guy who said that president obama push to make taxes high, might have hit a new low, did the president say rich guys who point lovs who dor taxes don't love their country? >> and why the guys in charge are charging us right off the cliff. neil: president coming out swinging, hitting his favorite target, rich fies guys, with a patriotic duty to pay more. so jay, you hear this, and are you offended or what? >> i think it's shameful our president would accuse people who disagree with his tax policy unpatriotic, does that meaner mean ersk

neil: they work for you now? >> just. neil: doing what?ible] neil: they are going to be very angry. they have an attitude. you might say that, but a lawyer, handing me -- neil: >> whatever you say,. neil: you think this goes against the president. he is holding up pretty well despite all of these numbers. when you make of that? >> i think that this convention says a lot that mitt romney has not defined himself. neil: did he do a good job? >> they did it okay. was he a rockstar? i don't think i was necessary. i don't think he was talking to the people that were in tampa, florida. he is talking to the millions of independents who are trying to make up their minds. trying to figure him out. they want to believe him, because they are unemployed. part of that 15%. they want to believe him, but they don't know him well enough to believe him. and i think he did a good job of defining himself. neil: what will clinch this when all is said and done -- democrats are done next week. workers were to decide that? >> the debates. neil: that would be oppo

>>neil: all right.it is not as if you were not envieded or you are in a snit with the party, that is not the case? >>guest: no, you not at all. >>neil: do you find it interesting, and it could be coincidental, virginia is more in play for republicans, a crucial state that president obama took four years ago, after biden's memorable remarks that stuck in your craw, obviously, and it, really, seems to have stuck in a lot of people in virginia, their craw, what do you think of how that contributes to this state being a toss up? >>guest: it plight -- might have. i always thought it would be a close election in virginia, particularly, and i thought in the absence of democrats energize the base, getting the emergency out and i have been impressed with what you said do congressman scott, you know, this is enough blame to go around. >>neil: absolutely. >>guest: the bottom line, neil, and you speak about this each day, all through the day, the bottom line is money. the party and the people that can give the best

>>neil: are you confused? a lot of folks are especially my next guest, arizona republican, ranking membertial candidate, on the armed services committee. they still not speaking with one voice here. what do you make of that? >>guest: well, i think for, at first, they tried to get away with it being a spontaneous demonstration. we all know people come with rocket propelled grenades and mortars to the usual demonstration. it was just foolishness on their part. the whole message of the obama administration is, they got bin laden so, therefore, you don't have to worry about extremists and al qaeda. the fact is, this was probably from an al qaeda affiliated or al qaeda organization in benghazi that carried out a very well orchestrated attack. it results in the tragedy that took the lives of four brave americans. again, it is incredible to blame the video. the video is not to blame. the people that are pushing the video, the people that are using the video as a way of inflaming passions throughout the middle east. h

neil: lie in my not feeling rested? welcome, everybody, i am neil cavuto. i would like to put today's stock market gains into perspective. i do not want to be a half-empty glass guy, but i do want you to be aware of what propels this. the federal reserve coming in, the third time to say it is going to keep interest rates low. think of what wall street did yesterday to take a look of the numbers today. a huge run run-up, not so much on this 40 billion-dollar issue, but they reacted to a bailout. an artificial stimulant to keep punctual out of the party going. the problem is that has not been a great party. the markets have been running up on the notion that this is the best straw that we have. and ben bernanke is the best guide we have in monetary policy is the best option we have. ben bernanke does appear to be the only guy getting something done. the president doesn't seem to be engaged. congress can't get its act together. we go back to the sky. that's what concerns me. we will get a fair and balanced debate with senator phil gramm. senator, i guess that

i'm neil cavuto. courtesy mother, mother of all flashbacks who doesn't need the grief and can't afford the distraction. >> 47% of the people, 37% who believe they are victims and believe the government has a responsibility to care for them. who believes they are entitled -- >> neil: that was mitt romney and first sit down since this video. governor coming to us from salt lake city. welcome. obviously you have seen the fallout. the administration quickly coming back at you governor. you essentially distain any wrote off half the nation. how do you respond to that? >> we were talking about a campaign and how he is going to get close to half the vote. i'm going to get half the vote. i hope i will get 50.1% or more. frankly we have two different views about america. the president's view is one of a larger government. there is a tape that came out where is the president is saying he likes redistribution. i disagree. i think a society based upon a government centered nation where government plays a larger r

neil: welcome, everybody, i am neil cavuto. i think they have it wrong. bill clinton wasn't the best president. nothing in this economy seems to be sticking with this. it shows that mr. obama is likely to hold onto his job, even a 10 thousands of americans are losing theirs. kodak just announcing that it is cutting 1000 more jobs. only days after intel and fedex lowered their forecast. clearly, these guys are showing something. but the fact that none of them are showing up at the presidential polls is saying something as well. maybe the folks don't blame the president for this mess. they figured that who else could deal with this mess? why not mitt romney. who is leading the voters in his latest offensive. some parts of the health care law only reinforcing it. now he is just a flop. debates will likely get the voters to focus more. republicans seem battle states disappear. all of this is a worry. how can an economy so we been provided this president not so much of a dent. the candidate folks know that barack obama is well-liked, and they don't know mitt r

>>neil: thank you, charles.tish royals asking a court to stop magazines from publishing pictures of the royal jewels of kate? do the royals have a case, baby? maybe not. ♪ [ man ] when i'm in my zone... every move i make is a statement... ♪ ...that inspires me to make my mark. ♪ [ male announcer ] the all-new lexus es 350. ♪ >>neil: the british royals rushed to block images of the top less kate middleton. the french argue that the photos are not considered shocking in modern society, and now an italian magazine is saying the same thing, that they are out there on the internet anyway so take a chill pill but the queen mum bigs to differ and the palace is filing civil and criminal complaints. do they have a case? >> the attorney says they do. explain. >>guest: well, in france, they have really strict invasion of privacy laws. all kate middleton has to establish is she wasn't flaunting in. clearly she wasn't. she was on a balcony in a private home. in a very remote home. and she has to show she was on private prope

>>neil: u.s.wn people trumpet his debating skills, maybe she should lower the expectation were >>guest: we have great confidence that the president is a good debater and he has --. >>neil: better than your husband? >>guest: i am not weigh in on that. but i do think the president will have an advantage going, obviouslies into the debates,en knows he is a good debater and the sitting president of the united states so mitt romney goes if as an underdog. >>neil: critics of both conventions said that each you and mrs. obama gave better speeches than your husband's, what do you thick of that? >>guest: i don't know if i agree, i think my husband's was trick. it was difficulty. we talked about different things. it could be fund and more interesting to listen to the women because we have an opportunity to talk about family and personal things and if you have to listen to policy, which is obviously, it is not as entertaining, you would certainly think that in both cases. >>neil: the clint eastwood thing you

neil cavuto is, neil cavuto is coming up. >>neil: now, there will be hell on the capitol hill. welcome, everyone, i am neil cavuto. fox on top of a secretary of state with a tin cup out and fault too many politicians willing to throw coins in. hillary clinton lobbying congress today to keep the money flowing to the middle east. she is facing huge resistance from republicans and a lot of democrats who say they have had it with pouring good money after bad in the middle east. images like these do not help. and ron paul said long before this, called to close the spigot and close it now. >>guest: good to be here. >>neil: there are many more in your camp. i am wondering, having heard this before, with a dust up of violence and this is quite a dust up, but, it fades. the resistance to lending money fades. we go back to lending money. >>guest: i lost that last sentence or two. >>neil: the idea that as opposed so many are to giving more money in the middle eat, in the end, they do so. what do you think of that? >>guest: they been doing that for a long-term. they will probably do it aga

>>neil: just doing my job.e all come prepared in our coverage and it begins next wednesday with the first presidential debate at 4:00 p.m. eastern on fox all the way through midnight on fox business network where you will catch the best political coverage married with the top financial players from all over the planet. what 90 said with some of the top business leaders, their take on all of that. a lot of the financial networks say it is a consequence queen shell election and they are running tupperware commercials. we on this. we mean it when we say it, it's your money. it's your life. it is important. it is important to us. >> forget me, have you heard this? before iran employees up the world the united nations wanted to hit up the world, lots of taxes, to cover everything from fighting climate change to fighting pollution including a world transaction tax. the fact that white house is not saying boo about any of it makes some wonder if we in the united states should be worried about it. former u.k. parliamen

neil: to what end? mitt romney wants to win. >> i will say, two things, this so concerning this to the ryan -- romney-ryan campaign. and is this gets to the way the ryan campaign staff thinks they will win, they are running a hesitant, tentative campaign, they think that is the best way to do it that has been the mo from day one with this president. i am not a political guy, i can just tell you what people are saying. people that gave them a lot of money, and do not want to see 4 more years of president obama, worried it is way too hesitant, too tentative, and they are criticizing it for what they believe is muzzling one of their best weapons. neil: do they worry, the rich guys in party, pushing for this guy to lead the nation, this guy is still trying to calm up cash? >> they think that -- this is another thing, he spending more money, and ryan is spending a lot of money, more time and ryan spenspending time, raising mone, not doing what needs to be done. neil: but then they would not have money for th

>>neil: we don't. because we have, for the last four years, almost four years, we have had at the helm, a president would truly has said that he supports islam. >>neil: all right. the book is on our website if you want to find more about it, including a president and loose including a president and loose lips from his opponent. ♪ ♪ [ male announcer ] introducing a reason...to look twice. introducing a stunning work of technology -- the entirely new lexus es. and the first-ever es hybrid. this is the pursuit of perfection. >>neil: everyone talking about governor romney caught on tape. what about this, the new swing state poll showing governor romney essentially even. a nation-wide poll shows the president's post convention bounce sizzling out. what do we make of this? >>guest: the swing state poll is now the 4th poll run by "usa today" at 48-46. i'm amazed, frankly. nowhere in the four articles run in conjunction with the swing state poll do they give you context. president obama carried each of these s

neil: plan. once burned who needs to be remotely shy, a company called solar power getting paid, to make solar paneling similar to those that solyndra made. >> even high gas prices not pumping up electric car sales, that is bad news for president trying to give them a jolt. >> with more research and incentives we can break our depends on oil with biofuels and become first country to have a million electric vehicles on the road by 201592 i 20. neil: it is not working out that way, it will fall shy about 7 50,000 vehicles shy. professor, hope always springs eternal but yet to pan out. >> this happens with every new technology, government has invested in timber, cole, nuclear you know billions in gas and oil and fracking, we're investing just a smidgeon in green technology. this will payoff eventually, we saw this with hybrid cars it took wetter part of a decade for adoption curve for citizens to buy. we have two million hybrids on the road. hope does spring eternal. neil: forget about today's envir