So they have this reaction it is purely and grounded and a surge u. S. Institutions have long been involved with cybertheft as well as wiretapping and surveillance a activities against foreign political leaders companies and individuals. Ey d they did not deny this but they said you are pretty rich to go after us. Lcom welcome, everybody. I am neil n cavuto. E on thisop opening day of theej5 weeky. Kvn the five top military career officers arek p involvet to get some sensitive4rd material including thelear designs to Nuclear Power plant. Severs Security Experts onhous how this opens us up to the rest of the world i want to bring in our fox business all stars. So on the charges self you have no doubt they are and have hacked into our most sensitive systems . Absolute paid no question. We know that. But the interesting thing about today is where do we go from here . They have already bought their tickets. So what happens . That is the question. So will they turn the other cheek . I think it wont be long before something is a shot over the about with allegations against the United States and they say that is not true. Ni neil with the benefit of the doubt i say to shea enough with the nonsense if we do it to the degree of with just the sake of getting dirt on them. It is a strong response and anything we have done with Vladimir Putin or russia. That is the speaker much anyway. [laughter] neil but all i say is we let rush just a ball over us but not the chinese and . Talk about risk as businesses at the end of the day here is what is important. We just a shot of message begins them what is the collateral damage. Neil youre not supposed to think of that. Seriously. The idea it is our attitude to punish russia that say dont go too far. That is exactly what we will look bad now. Of course. It is interesting. Flight think this came alex of frustration and to make an ideal for a couple of years it is no secret it is going on in they could not make it and they got frustrated. Neil you are a lawyer. Stock. But he makes a great point what comes now . Said he will Start Talking about we wish they had not. Neil and jesse james would have had more clout if we are holier than thou but we are not. We have done this steroids. Does it make us look anymore a sympathetic when we finally tell the chinese the enough . The chinese have been after us for years. They tried to hack into research and Development Department four times for our they stole 40 pentagon but bin systems than 30 defense technologies. Neil are you sure it is just them . The fact of the matter is janet reno told that before she resigned the greatest threat to National Security is cyberwarfare. Wary were paid 10 years ago . Four times an hour . Was put them in congress. [laughter] neil anything with that frequency they deserve a medal and what we could learn from them. But what we might do or what we regret that this could boomerang. That could expose us as much to a volvos and we should keep in mind they own a lot of the dead and it could get nasty. The problem is we lost a lot of credibility over the last six months to one year with the snowden affair and to we look upon the world so what repercussions will come from this . Invite the people 10,000 miles away then you go back and forth in china has all the debt. Neil good point. We have all these countries hatter is angry at us for spying so the rest of the world will say what . Gimmickry just weaken the american brand like we saw with iran and russia. You got to the bully in the schoolyard it just will not work this was not the right thing to do definitely. Neil dont go too far with the controversies republicans are dealing with with obamacare. The signature issue but here is the problem with that. It could boomerang on them because the disproportionate attention to it. Is that fair . After this. Weekdays are for rising to the challenge. Theyre the days to take care of business. When possibilities become reality. With centurylink as your trusted partner, our visionary Cloud Infrastructure and Global Broadband network free you to focus on what matters. With Custom Communications solutions and responsive, dedicated support, we constantly evolve to meet your needs. Every day of the week. Centurylink® your link to whats next. To build something smarter. Some come ing stronger. Others come to build something faster. Something safer. Something greener. Something the whole world can share. People come to boeing to do many different things. But its always about the very thing we do best. The numbers are impressive. Over 400,000 new private sector jobs. Making new york state number two in the nation in new private sector job creation. With 10 Regional Development strategies to fit your business needs. And now its even better because theyve introduced startup new york. With the state creating dozens of taxfree zones where businesses pay no taxes for ten years. Become the next business to discover the new new york. [ male announcer ] see if your business qualifies. It has become if those republican and conservative groups were not trying to get the ads out there to trash it. Now a lookout much has been spent for the Health Care Law by a ratio of a steady 15 one more negative than positive but what did leedses leaves out is how to take advantage of the Health Care Law and all the good it does. That is the disproportionate part they never get those details but former House Majority leader tom delay does. Always good to have you. What about they seize on this new day it has had a hard time because all these ads are bashing it . They are grasping and straws they have no answer for with the American People understand than the federal government has gone too far and obamacare doesnt work. Not just that but all trust in the president himself. They have nothing to do with it. They had nationwide effort going doortodoor to sign people up. But how you implement that but another thing i noticed is americans are not stupid. The things are working fine they will obviously disagree with that. It is a narrative that feeds onto itself for those that experience alone tells then that. Exactly. Then adds just stay with the American People already know. And those that have to deal with obamacare understand it and know it. Neil the second issue is the not so fair and balanced portrayal of those with money and the cause that many of the consensus like or dont like. I notice that billionaires to give to my knee to the causes are boxcars. The Koch Brothers are always evil. Why do they ged demonized and a millionaire who could commit 1 billion to Climate Change they are a st. . How long has it been the New York Times and Washington Post has bashed the conservative movement for spending so much money . They create that narrative that they have all this money and democrats dont have any. It is not fair. Obviously the rich people by elections but when it comes to their people they hardly ever report on its with the huge Political Coalition that george soros put together with huge money coming out of the Democracy Alliance and the unions and corporations but they never talk about that but the money that will push smaller government, less spending or repealing obamacare. Neil if you scrutinize one side then you have to apply the same standard to every ready. Go after the coat brothers then Michael Bloomberg over george soros. One should not be held above or below the other. Inseams the left is for Citizens United against the Koch Brothers not the other wa around it. [laughter] what exactly. They have an agenda as long as you will go along with their agenda they are for you but if you have success then they will do whatever they can to undermine that to attack and trashed those people who put up there are millions of dollars to push their agenda. Neil have that it. Praise one, praised them all and if divorce is the view then praise everyone good or bad. It is dishonorable for everybody. Neil exactly. Former House Majority leader tom delay. Also known as the hammer. See all these deals lately closing on 200 billion. What is going on . They are smart. Wire their rushing to the altar . Mine was earned in korea in 1953. Afghanistan, in 2009. Orbiting the moon in 1971. [ male announcer ] once its earned, usaa Auto Insurance is often handed down from generation to generation. Because it offers a superior level of protecon. 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Comcast business built for business. Neil that deals are back with a 50 billion hookup with comcast and time warner with the 45 million pairing and sprint and tmobile that go back and astrazeneca and pfizer. Even net 120 billion. Then we have a smattering close at 200 billion worth of deals announced a and it is just the spring. Should we worry about what is going on . When so Many Companies look to hook up are they worried . We have Charlie Gasparino and also rickover and kerry kerry, gary. Obviously they see something with a low interestrate opportunity what is it . It is classic business. Look at what is happening. With you are a businessman dont think1y that customer will come through the door you dont want to build the next property or build the plant doors spend that irritate free hand in shaping and easier money to buy out your competitors. That is what is happening. Fortunately there are nasty side effectsv2÷ that you dont have the confidence in that new customer. That is the symptom but the side effect with their merger and acquisitions it meanz you spend money on other ÷ businesses on other businesses instead of capital expenditures. When you see these spike up up, and the next year is usually not very good and i suspect that is what we could be facing. Sometimes. I remember before the 2000 nasdaq crash there was of a bunch of deals with financial services. 2001 20 2002 was a difficult year. Eight companies are better with the economies of scale. We were in an amazing bull market we still have the seed money flowing. I cannot tell you if were at the end of the boom but ill listen to the conference to say we are in dangerous territory this could be one of those signs. Lots of deals getting done rights under the wire. Neil bustier is so low Interest Rates and firemen to environment speak does these guys are telegraphing that i agree 100 percent. These mergers and acquisitions to not have been in the bottoms bloodier the top. But the reason is simple of Companies Like pfizer has no organic growth they have to find it so they use the stock as currency. Save up with at t use the stock and get into other businesses. Neil about twothirds of the deal is stock. What about the notion that comcast and time warner new there is big with customer service. [laughter] but you get them together. [laughter] then it will somehow make the difference is . What do you say . We cannot even count on the deal happening because the fcc will have their hands all over this along with the doj. With at t. This payment has 100 billion of debt. The fcc could take an all. Neil to take one deal you have to take them all. I know he thinks otherwise but only one we can vegas. I told you. It does not mean the end of the bull market but what surprises me about this deal and the Comcast Timewarner is it is reduced each race. At t service is not good. Neil with comcast and time warner is. But these are all big businesses. I said the Federal Reserve policy has pushed up the stock prices they are in stock base of the companys for the Federal Reserve board. Some of the economic recovery does not spill over in example why this is the 1 recovery. Hedge Fund Managers are rolling in the dow. Neil do you spend time with 999 . [laughter] this deal is different from the deal that is a lot less customer o overlap that is what makes this less likely to happen they and comcast. Remember that airline deals and it would help Consumer Prices come down but they went up. Dont buy into that. Less choice is not good. Simitar to buy of the market will go for carriers down at three it happens across the whole industry. Neil if you allow wide you have to allow them all. Why isnt everybody talks about the deadline for this to happen because money is cheaper . But if we talk about government to build roads and bridges everybody freaks out stand with there 100 billion of debt. The tier using stock as cash. Neil and they can account for its. I said i was with you. [laughter] neil now we go after the banks. That is nothing new but blaming the of banks constantly it loses sight of constantly it loses sight of those polling now printing is so affordable and convenient, you can print all you want. Hp instant ink. Save on ink and never run out again. Plans start at just 2. 99 a month. Welcome to the future of printing. When folks think about wthey think salmon and energy. But the energy bp produces up here creates Something Else as well jobs all over america. Engineering and innovation jobs. Advanced Safety Systems technology. Shipping and manufacturing. Across the United States, bp supports more than a quarter million jobs. When we set up operation in one part of the country, people in other parts go to work. Thats not a coincidence. Its one more part of our commitment to america. Neil all right, not all is doted, not all tacrossed. This time charge is tax evasion or helping clients avoid taxes. Forget anywhere that money goes. I wanted to check it with Gold Coast Bank ceo joe perry on where it doesnt go. I am bringing in my panelist with me, joe, the bank just wanted to be rid of this but just the latest of finding to pay fines to settle old issued with u. S. Governme to what end . This is so upsetting neil, were talking billions of dollars, and it is getting higher and higher, over total like 100 billion. Neil without getting into technologies were told that blank flagrantly helped people avoid, and hide taxes. But look at other penalties imposed against the others, forcing more banks to hire more people, hire more attorneys. Like they want go get their theiring atining at acting it. Low about we put them in jail. Neil how about a government that act we esto this sort of behalbehavior when times are go. Argument you are making let them off the hook because it second penive. No i it is expensive. No, im saying if government thinks they can charge billions of dollars that will deter what is going on. Put them in jail. Goes to u. S. Treasury, but here is what can interesting. Neil but not to making investors whole. You know, investors, you know there was an investor rip off this was a tax invasion case. This is the problem that federal government has, they missed financial crisis, they didnt catch anybody, reading Tim Geithners book, totally clueless, they let these guys get away with relative murder, now you get the feeling they are playing catch up so they are hammering the banks. Neil are they doing a person perp walk . No. You read this, it seems they had a case against lehman brothers, they cooked their books, said assets were valued at x and then they let them go. And the othe the other guy pay. Neil who is paying . Stock holders and customers. Neil argument for this from the beginning was, banks you cant too far, i can remember back, no offense to mr. Unger with companytty reinvestment. Idea was you have to get people in homes. From a i am not forgiveing them but you give an unstution power and brave lang to chase this business dont be surpriseed if they try to collateralize it. They could not win for love or money. Community revitalation act under jimmy carter caused this turmoil with all of the housing lones that went to subprime loans, look at regulations on credit card, essentially people are think they ar are looked out for guy the benefit whether they put these regulations in place. Neil your points, i am not a saint, you are by the way. But then it would not surprise me, if you have to lend in an environment with politicians are badgeing on your head, you will try to come up with creative ways to absorb the losses or potential risk, now when it goes full circle and bankers are getting reamed for over doing it, now they are reamed ared fot doing enough. Absolutely, the government condition have it both ways. They cant have it both ways, what worries me about these billion dollar penalties from what i read it looks like in the government, higher the panality you can obtain the greater the badge