Transcripts For FBC Cavuto 20140703 : vimarsana.com

FBC Cavuto July 3, 2014

Correction. And i would like to get your thoughts on that whether we are making a big deal of it. If you have anything critical to say about me, try to hash tag at oreilly. [laughter] over Liz Macdonald, what do you think . There is a little bit of a disconnect in the market is hot and its gone up a lot and it will eventually corrupt as far as doing a 50 tumble, i dont think there is an underlying flagrant bubble in the economy. When people talk about this, it had to end and i had to stop. Theoretically there is deflation like there is in england. And i think unfortunately that is correct and back then you had a choice. You could decide to risk a little of your money in the stock market, or if you are older like me, you could put money in treasury blocks and you would be ahead of inflation. And people are getting a lot of inflation, higher than this six or seven years ago, you have a choice now. They are always moaning this market and we have stumbled into this stewardship. So we are obviously drawing capital. It feels great. We have had the most powerful run since 1998 and so is there a Financial Engineering going on . Yes, almost a record amount with the eps results higher going back since 2007. Libya was not the black swan, when we had the tenyear note, we had a rocky yield on the market. And they cant control that tenyear yield. The doubles, watch out. The economy sputters along and maybe it is responding to that, slow, steady, todays kind of point. For nothing else there are so many people. I think you will see the shortterm risk to the point of Liz Macdonald. Because the whole world has this. Companies are taking advantage to do this going into this bond market. And im saying that that is okay. Im not so complacent about that. And that is indicative of something beyond this. But the point is that people have less money and inflation is not only chipping away, but the consumers as well. People are spending more money at the Grocery Store and that means they have less money to spend on retail items and etc. And that leads eventually to profits that is going to come down. That is insider trading, they are pumping up the stock market and then taking advantage of it. Neil turning it around, theres going to be a lot of Big Government saying this is bad and that would be reflected in our tumbling market. Government activity, whether helping out the other companies, the group is in. People want to buy these tech stocks, but not because of Interest Rates being lower than they should be. There is something going on that make people want to invest here. All im saying is that you can say we are going to have low levels and if you call 4 and average, then yes. Im not bullish at all. I think that because of the fact that people dont have options. They are putting a lot of money in this. They are listening. But i dont know if we will have this. I am so bullish, id use the 25 correction within the next five years. At what level does that kick in . Well, i was a 13 or 14,000. Thats how risky stocks are. Do they fall 50 or more, and that is what i think is not going to happen for a wild. So you better bank on that. Neil a judge could start giv [ female announcer ] we love our smartphones. And now telcos using hp Big Data Solutions are feeling the love, too. By offering things like onthespot data upgrades an idea that reduced overcharge complaints by 98 . No matter how fast your Business Needs to adapt, if hp Big Data Solutions can keep wireless customers smiling, imagine what they can do for yours. Make it matter. Its gone pretty soon the iris is going to have to do explaining. They can never seem to get lois lerner. The two u. S. Federal judge, next week he is calling in the irs to explain all of the stuff that has been going on about the missing emails, how that could happen, why people were not given a heads up earlier. And this is not a guy who trifles with fools. My former individual says this air is watchin that . Definitely. Hes an american hero, hes going to caught the eye are asked to find out why he didnt say the emails were missing area and im sure that hes prepared to do something to help find them. Neil why is he a take no prisoners died . I could make those guys kind of shudder in their boots . He was the judge that appointed a special prosecutor to investigate the department of justice and the lawyers from the section of the department of justice had prosecuted former alaska senator ted stevens. Its all coming back. And hes not alone. Theres another federal judge who was also going to be talking about some of the emails. So something that is adding up here, those in the know, lawyers, judges, those are saying this is not adding up, for one thing, we were not given a heads up, for another thing and its starting to be a big deal. I think it is a big deal. Thousands of emails dont disappear. Yes, judge walton could appoint these experts to the irs. How do you think this goes . What you think we will be talking about . A week from now i think we will be talking about the irs shifting with emails. If you held them in content, we are starting to deal with hiding stuff, obstruction of justice. Neil all right, id love to talk with you further about that. In the meantime, the six different trademark names. It was probably in response to justin avalanche of protesters and emails and letters. But what if i told you now what . No one said so much as one letter. Really . 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. Low dues. Great terms. Lets close. Introducing at t mobile share value plans. With our bestever pricing for business. The numbers are impressive. Y to new york state. 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. Neil apparently this call to get rid of the redskins name wasnt quite the call that they thought it was. Not a single public complaint. So what happened . We have Liz Macdonald with us. I feel like there was a crown float to do something about the redskins and talk about the Economic Policy growth. And they said we are going to make something out of this. And the attitude is if you not offended, were not going to beoe. T a standard to taking a trademark on the way . There is, and they tried to do this back in 1999, they failed. Is moved by the Patent Office and the person who hasnt removed it. In the last time this happened, they get to keep their name. What is interesting about the new information is that nobody was complaining. Letse native americans. I dont care what the peoples views are on this subject. Lets his point, you just dont walk in and break a Corporate Tax reform. So its gotten to be routine here. So they slowly evolve that and they probably have a trademark on it and it says right on the back they dont do that anymore and it would be horrible in these things evolve in the patent trademark office. One would be losing ticket sales. But where does it involve . What does that evolve into . Some say, some bureaucrat is going to come after our trademark. I think what they are going to do is change it in a matter of weeks. This indicates that the government has become so big that it is the bureaucrat suggesting what used to be done. A small number of bureaucrats and judges are now making decisions on this. So when you have a Big Government, if the elite, its the special Interest Groups they get to make the decisions. But are you guys kind of troubled . Yes. That this was a contract law in the company and that was ripped out. Those contracts began to change when the government decided to make the rules as they were going along with the bailouts. Thats what really began. Neil you are shaping the faith in this country when honeydew. I think that you are right. There is such a massive reaction to this on the internet and with social media. One individual said they could fix the problem is they just add the word potato to the end of the name. [laughter] but to the point, thats not really going to fly. Neil that also been completely resonate. But when we come back, doing some interesting things on a lot of domestic issues, but how do the critics say they are dropping all of the foreign issues . That such a big concern when it comes to the ukraine and iraq and when it comes to virtually every other foreign conflict. Joe lieberman on the price you might have to pay for not paying attention when folks think about what they get from alaska, they 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 the government is trying to move get out all the pro russian advocates. We are up in our troop to plymouth there, but not a lot. Syria has i was imploding in israel since these three teenagers have been killed in the like a Pressure Cooker and the president according to his critics very disengaged. Sc appearance globally. Is it their . Former senator joe liberman. Maybe depth president isnt that engaged and he doesnt think we should be is a country. Do you think we should be . Of course, i think we should be. History tells me that if we are not engaged in the world and i dont mean we could take care of everyones problem, but if we are not showing leadership in america suffers and we certainly suffer in terms of our security. We also suffer in terms of our economy and prosperity. Neil what do we have to show when we did get very active in iraq or afghanistan . Those were tough cases, but we have something to show for it. In a cast and we get rid of the taliban who protected al qaeda. That doesnt mean we can come back home and give up on the world and assume that we are not going to be targets. Its a familiar old phrase, but its true better to get them there than have to fight them here. Neil we dont even know who they are. He was saying we keep switching allegiances and friends because it can keep up with who they are. You mean among the islamic supreme us . Neil the spring uprising you just dont know. But, i think again some of those things that happened in the arab spring uprising we didnt start, they started themselves. Neil want and then we gravitated one side. Im wondering we can a lot of money trying to stabilize things, but we always tended to put a deposit on more folks who hate us. Usually not when we make the deposit, sometimes it turns out that way that they hate us, but we built alliances lets look at the bright side. The people we thought after the war in germany and japan now our great allies and even korea, which we had a were there. Korea is one of our most neil can you picture any of these the various characters being in that you mean in the middle east cracks in every one of the middle east countries there is someone who can rise to the top, but the people to lead the revolutions in arab spring uprising they were good people. Neil they want to bob bomb everyone estimate they couldnt win the election. Neil maybe thatnal to us. So neil maybe that is what the president is saying. I think he has made a judgment that he got elected to get us out of iraq and afghanistan and to keep us out of any other complex. Neil and he sure as hell is not going to get involved. World history does not conform to the vision of a Single Person even if that person is the president of the United States. Neil hes not going to get up commit a lot of troops to i dont think we will see a lot of troops on the ground. Heres the other side of this. Everyone says we cant be the placement of the world, we cant be, but if we seem to be off the block entirely then the bad guys will take over the block and they are doing that in iraq today. Vladimir putin is doing in the ukraine and already neil senator, we dont have any money and we are piling on the debt. People say cooler because we cant change what is going on in the ukraine. We cant change whats going on in iraq. We obviously drew lines in the sand for syria, but they ignored it, so going to try to read what you say that . Is a we try to before and it almost always ends up in a disaster for us. We get into conflicts later and much greater cost of life and treasure of the United States of america. We got allies around the world in the middle east, and asia, in europe. We have a right to insist that they go with us, but most of them will go into the battle was we are leading and that is the reality. Better to lead then hide back here. Neil Hillary Clinton has said to be more hawkish or certainly more of a conservative foreignpolicy stance of the present. I dont know that is true, but hub without be to you in deciding the next lets say democratic president ial candidate . It would be important because i think we need a president who wants america to remain a leader in the world because its good for america. Not just because we do it out of the goodness of our heart. Neil she talks that keeping troops and staying in afghanistan under than the president proposes or be more aggressive in our forum policy. When she doing . I hope she is just saying what she believes. It is interesting that there begins to be different there. To me there is a fascinating inconsistency in some of the Public Opinion polling. On most of these issues, ukraine, syria, your iraq if yes the American Public should we be more involved the majority will say that the presence noninvolvement, but then you asked them to rate president obama in different categories, economy, social policy, healthcare, the lowest rating it gets is foreignpolicy and even though he is doing what the polls want i think its because ultimately the American People want us to leave. Neil i look at it differently because you can say your reactions dont measure your rhetoric. By and large i think the president is prepared to lead. The American People will follow that leadership and feel proud of it. They wont follow it forever if it is not working as president bush found in iraq, but americans want to be proud of our role in the world and i think right now they are very conflicted about that. Theyre not proud. Neil that is putting it mildly. Senator, thank you. I was getting see it. When we come back a lot of republicans are raising hackles over something the president has sent out, mission statement. The president saying he is doing this because commerce is an get anything done. Congress is turning around and suing the white house claiming it has gone way out of balance. A republica im mary and i have copd. Im jeff and i have copd. Im lisa and i have copd, but i dont want my breathing problems to get in the way of hosting my book club. Thats why i asked my doctor about breo. Oncedaily breo ellipta helps increase airflow from the lungs for a full 24 hours. And breo helps reduce symptom flareups that last several days and require oral steroids, antibiotics, or hospital stay. Breo is not for asthma. Breo contains a type of medicine that increases risk of death in people with asthma. It is not known if this risk is increased in copd. Breo wont replace rescue inhalers for sudden copd symptoms and should not be used more than once a day. Breo may increase your risk of pneumonia, thrush, osteoporosis, and some eye problems. Tell your doctor if you have a heart condition or high Blood Pressure before taking breo. Ask your doctor about breo for copd. First prescription free at mybreo. Com families cant wait for republicans in congress to do stuff. So, sue me. As long as they are doing nothing im not good to apologize for trying to do something. Neil they are suing him and whether you think that is the proper route to take is anyones guess. The fact of the matter is the president is doing them one better and saying to his next if we are going tos faces often in saddam position any of you guys to come up with ways we can get around congress to do it. That is what bugs take this republican. My view on hold doing suing the is that youre wasting your time. I know the intentions are good, but its going nowhere and aikido that. So, why not just preempt and come up with great stuff of your own . Actually neil, we have to read by the way, its great to be on your show. We talk about all the things where he is having issues, economic failure, foreignpolicy failure, Energy Failure and that failure to deal with the deficit. He and harry reid in the senate have decided they are going to ignore a single their way. Neil dont you thank you are falling into his trap cracks so they can go back to the American People and the republicans are suing him. He may be able to try to assert that, but i will tell you if you talk to most americans they recognize the president s failures and it shows up in his Approval Ratings and americans are frustrated and they want us to do something. Most of us dont think an impeachment route is a good direction. That would be a terrible distraction. Neil you dont think this is . I think its better than that because impeachment is destined to flow year because harry reid consoles the senate, but we are trying to reassert our constitution. Neil i understand that and as i told Michelle Bachmann thes

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