That day . And are they merely museum reminders this day . Tonight, with all of the crosscurrents of market activity, i thought it might be a food time to stop, reflect, remember. There are a lot more important things than your money. 13 years ago, a lot more priceless things. Welcome everybody, im very glad to have you with us. Im neil cavuto. To a man one of those speakers today and was there then on what we might be forgetting now, the former governor of the fine state of new york, george pataki. Governor, good to have you. Very movin comments today. Thank you, neil. Neil as i was hearing from prominent democrats, republicans, victims, families, rescuesers that day, those that survived that day, it seems like a lot of us have forgotten the evil that caused that day . You know, part of the purpose of the museum is to tell people what happened that day, including the evil, and to do it in a way that people who were not only not there but werent even born on september 11th and understand the magnitude and horror of that attack. I think it serves that purpose. One thing for the people to remember. It is another thing for our leadership to react and act appropriately. And i fear in this case the American People understand, we are at risk again. Al qaeda is way too active. Other terrorists groups are way too active. We need an American Government to understand this is serious threat. Neil what do you say to those, we did go go after al qaeda. It is not going after a single country. Theyre all over the place. We stepped up our vigilant antiterror efforts. We spend a whole bunch of money on the military. Were still pricing it in for defense if were at top of our spending in afghanistan and iraq. We have to dial back. You say what . Neil, it is not just about military action. It is about diplomatic initiatives. Egypt is something an ally of ours ended up in jail, Muslim Brotherhood came into power. Without our assistance, with our opposition the egyptians took control and put back regime in place, isoted and prosecuting members of the islamic brotherhood. Neil doesnt that remind you maybe we should not take sides in these battles overseas because you never know whose side youre on or whom is whom . The problem we have not been loyal and supportive to our friends. Countries that supported us in the war against terror and the broader Global Structures feel isolated, left out because we havent supported them. Saudi arabia is now talking regularly with china. They used to be a very dependable partner for the United States. What we need is diplomatic initiative, letting countries that are friendly know we will stand with them. Knowing that countries dont stand with us, know they will face significant, not just economic sanctions, but isolation from the civilized part of the world and look what is happening in iraq. Theyre getting closer and closer to nuclear weapons. The embargo that was working so well and creating enormous stresses in the iranian economy and for the iranian government, now has massive holes neil theyre cloning our drones. Theyre cloning our drones because of the wrong type of diplomatic initiative. Neil lets step back from this governor, i will bring my panelists, John Layfield and tracy byrnes. In the 13 years since then we are epicenter of the worlds attention, quite rightly so but the world had commanding respect, our enemies a real fear of us too. Under republican and democratic president s alike, we piled on debt, weve seen our top Credit Rating sli. So were not feared as much anymore. Im wondering whether that is playing into this idea that the world doesnt see us the same way they did 13 years ago . Then i think you dont see the event as severe as it was. If, the people above do not make it out to be the awful, awful event than it was, why were kids growing up who werent alive believe that . It is how you sell it to them. We have to remind them over and over and over again. Much like we study wars in schools we have to study it. The kids need to understand it and we need a back of the administration, this was a serious issue. Dont blow this out. Dont move on to minimum wage and forethere are people out there that hate is. That is the message theyre sending to our kids. Mattie, we, young people are losing their faith in the markets, and institutions but a lot of it actually goes back to that day as well and just sort of losing their faith in the world. To say the that the world doesnt see us the same way isnt the same we dont see ourselves the same way and i think a lot has changed, especially for people younger or kids in Elementary School when this happened, they dont necessarily remember what the significance of the event was but theyre dealing with repercussions of that, and dealing with a different world. The questions theyre trying to answer, what does that world look like . Is the same future for me or am i learning lessons that the world will be a different place all together and i need to learn to deal with that. Neil you made a good point. John layfield, one point i want to extend that the governor raised, this notion here were not as focused on evil and terror. It just is not top of mind concern. It was certainly top of mind concern on september 2001. I guess what im saying do we need an incident, do we need horrendous disaster to jar us back . I do remember at the time no one really cared that the markets were freefalling when they finally opened six days later. Everyone was really more concerned about, will they find bodies . Will they recover victims . I just think that were one disaster away from experiencing it all over again but because we havent, certainly o that magnitude we forget. Yeah. I dont doubt that at all. I certainly hope that event doesnt happen. We were part of one of the first, if not the first entertainers, noncivilians, wwe to go down to ground zero while bodies were being pulled out of this rubble and see the firefighters and heroes, that looked soulless. They had worked for days without any sleep. The country was one at that point. And ive been to iraq since then, eight different times and ive seen the support start to drop. I dont think thats right. We have such mixed up politics in washington, d. C. Right now, that people become disenfranchised. But we become disenfranchised over wrong things. We still have a huge Terror Threat as the governor just alluded to and something we have to deal with. Neil were not dealing with it, governor, to your point. Were not dealing with. Not to mean to sound republican, benghazi, which was a horrible terrorist attack. When this administration said instead of investigating it and blamed it on a video. Youre absolutely right. The memorial serves a critical purpose, people, kids go through that will sense the magnitude of the loss and the fact it was a terrorist attack but when you have an administration that downplays, terrible regimes. Now were negotiating with syria. Neil this collectivism, we are not leader of the world. Were just a citizen, a coplayer in the world, and kind of engrained in our culture. It is engrained in the political culture monk certain people in washington but i still think the American People believe this is exceptional country. We believe in american exceptionalism. Neil governor, thank you. Panel, thank you very much. I did not mean, folks, to start the show off on a down note but with the museums opening it jarred you back to things so important, for love of money i dont remember anyone back then worrying about their investment, not a one. Maybe that was just me. Coming up, millenials are fed up with stocks. You probably have been hearing about that. Theyre fed up with the president. Youve probably been hearing about that theyre fed up with institutionings of all sorts. Get a load of this. No matter how much the market goes up they sill want out. Talk about once burned, twice burned, just mother vo when i was pregnant. I got more advice than i knew what to do with. What i needed was information i could trust on how to take care of me and my baby. Luckily, unitedhealthcare has a Simple Program that helps moms stay on track with their doctors and get the right care and guidancebefore and after the baby is born. 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It is now down to barely a quarter. Those who trust president obama, i dont know if theres a connection here but 39 were of that ilk just a year ago. 32 , just today. Were not here to cast political aspersions one day or another, adam sampson, foxbusiness. Com senior editor, even with the runup, i got to get in, something must be going on, the market doubled since 09. Theyre still out night is incredible. Neil why . I think it is financial crisis and i think thats what most experts say. The headlines of markets collapsing over and over. Neil remember their experiences too. Dotcom bubble. That is exactly it. Neil a lot of them, when i hear, these new valuations for some hot new internet companies, the modern day bubble as we call it ironically young people are into this. A report today from ubs, young people are conservative as those who lived in the great depression. Theyre getting not into this new game at all. Neil tracy are they running republicans . The same people polled are equally cynical of both parties . I think as you say, pox on both houses all the time. I dont think they want anything to do with anybody. Unfortunately the way everyone is portrayed these day, wall street evil, d. C. Is evil, i will keep my money under my futon i guess what they sleep on and leave it there. Neil now were showing our age. I am millenial defender, i know my generation comes under a lot of ridicule for good reason sometimes, but with this i think its a rational response as you were saying tracy what weve been told last several years. Weve been told wall stet is evil, so you cant invest in stocks. And it is rigged. It is rigged. Neil the rigged part is, they just dont trust it. It is interesting conversation weve had especially recently but i think another interesting point is the way that millenials are looking at u. S. Debt. For the first time the entire country has been faced with the idea that the United States debt is no longer sure bet it used to be with all the crises weve been dealing with in washington, talking about the debt limit for first time in years, people start to get a little bit antsy buying those bond anymore. I think millenials are responding to that. Neil layfield, i dont know if this is temporary phenomenon but to adams reporting and others it is clear it has some lasting power because normally in the past when the market the run up, the average joe, joanne says hey, i want part of this too and theyre not doing that. Does that worry you, when it comes to the future, the market, i will add to even future capitalism . I agree with that. I think theyre upset with the entire system. Look, they had a lot of faith in hope and change an candidate obama was quite a bit different from president obama. Realize once he got in there he was politician like the rest of them. You have a lot of sentiment against wall street. So politicians have terrible approval rating. They spent years bashing wall street as reason that the Financial Markets collapsed. You have Michael Lewis come out and write a book on High Frequency trading being allegedly rigged. Neil reinforces that notion, right . Adam, theyre very cynical. Which could explain layfield. You know where he is . In bermuda es sconessed from this nonsense. What do you make of that . What is the up shot . Not only theyre cynical theyre scared. Theyre holding half of their money in cash. That is unheard of other generations. Hold about a quarter of their money cash. Neil do they hold it because they have so little of it . Do they hold it because they dont see appeal . I think that is part of it, broadly speaking they dont see appeal of stocks. Which is shame. They wont be able to build wealth. Feel come. Ing. If you reinvest investments, you make so much money can be used to buy real estate. Neil that is another thing theyre sour on. We cant unload our homes. Keep it under your futon. Theyre not becoming finance majors either. The wheel thing is coming apart at seams. Neil i warned you about it in college. You didnt listen to me. Couldnt you see tracy doing that, if we did go to college . Got to go now. Coming up, there have been all the charges about the irs targeting conservatives this was sort of some errant whackos in the Cincinnati Office doing it. Now weve got some indications that it was a little higher than that. You might want to move a little further east than that apparently the barking order were coming out of washington d. C. Go figure. Thats next. Really. So our business can be on at ts network for 175 dollars a month . Yup. All five of you for 175. Our clients need a lot of attention. Theres unlimited talk and text. Were working deals all day. You get 10 gigabytes of data to share. What about expansion potential . Add a line anytime for 15 bucks a month. 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[ female announcer ] the x1 entertainment operating system, only from xfinity. Neil all right. Theyre getting more of these bread crumbs and following where they go and now when it seems when it cops to the irs they were indeed tracking conservatives. That is not really the fox news alert here. Heres what is. That more were just sort of calling the shots for the irs to do just that, including emails now pointing to democratic senator carl levin, pressuring irs to target these type of groups. Ostensibly he saw many of these applications out there and they really warranted another look but do our allstars think this could be a smoking gun . To john lay feed and Mattie Dupler and tracy byrnes. Mattie, what do you think . I think there are a lost moving parts here. The from is twofold. Member congress directing irs to target a group and do what he is saying which is great breach what we think of separation of powers. Neil tracy, look, im seeing a lot of these groups lying to get taxexempt status. They all seem to be conservative. They all seem to be tea party, is that in of itself wrong or more unusual . No, i think it is wrong all around. This is perfect example why millenials dont trust anything because you have all this back door stuff going on all the time. The irs unfortunately is the victim and im only one on planet that defends the irs but theyre just told what to do. And they get demonized all the time for it and they sit there like slugs and say sure. Neil no, when they shouldnt be doing that. That is important point to make. This is neil i make many. Neil, youre so good, i will go with what youre saying this is not an irs job to make the distinction, to make the definitions. Fec tells the irs. The irs is supposed to be investigating an making sure rules are being upheld. This seems to go beyond that. Irs is like perfect child. It listens to what youre told. Neil that would be like telling your child, want you to go kill some people. Oh, my. Neil layfield, weighing in on twitter. I want to get layfields reaction to the paul, democrats wouldnt try so hard to kill the investigation if they themselves werent involved. Jeff asks, how is it any worse than the watergate breakin . What do you think of that, layfield . I dont know about the severity of this comparing this to watergate. I think this has been done for decade by politicians in power. I think these conservative groups were targeted. The reason that the democrats have been allowed to tone wall this, these politicians turn it into threering circus. Get into the hearings to yell at each other. Forget about the fact to get lois lerner under oath. Neil they will never do that there is not enough outrage out there because who the targeted parties are, believe me, tracy, if they were liberals or groups that are friendly to the Mainstream Media it would be a very different story. This will go nowhere. Spin makes it sound very complicated and blows over peoples head . You know what im . Worried about getting food on table and they keep going and continue to get away with it. Neil mattie, what is scary, this is about a big ol agency, on behalf of powerful Democratic Senators in one case here, using the full weight and resources of the United States government to go after groups you dont like. To tracys point, families are concerned about putting food on table. Concerned about running their businesses. Theyre not concerned about what is going on in washington