Transcripts For FBC Cavuto 20150228

Forum is their rite of passage. Preach it, sell it, scream it, unless you do that republican president ial nomination you wont get it. Our question tonight is this with upwards of potentially a dozen seeking out the conservative vote, is there any way for just one candidate to break out and have enough delegates in hand for the convention . The math does look tough. Money guy Anthony Scaramucci and lizzie on if some of these contenders should look at this race again. And the wisdom of pursuing it now. What do you think liz . The good news is there are a lot of interesting can does. The bad news is theres a lot of interesting candidates. Heres why its bad news. Between now and the primaries next year, we have to eliminate all but two or three. . it will cost an enormous amount of money. Money that Hillary Clinton wont be spending as she gets ready for her president ial run. Thats assuming she doesnt run on top herself as well. There that that. I dont think shell be spending the 300 million that the republicans will spend to get to the starting gate. Thats a big problem. I think some of these people will drop out. Mitt romney dropped out because donors let him know they werent backing him. My guess is Chris Christie will hear that message loud and clear. Because his backers are going to jeb bush, primarily and also to scott walker. I think youre seeing sort of a division there. Neil is it this early that guys like had you you anthony, is that the money is accounted for . The jocking is between scott walker and jeb bush. I do agree that governor christie is in a deep third. Neil why . Its based on momentum. Its like a surfing expedition. He missed his wave last time. Hes floundering. No pun intended. Hes a big fish out there. That wont happen. I didnt use whale. Neil no, you did not. The financial types could be glomming on to the wrong guys. Im with scott walker. Im with the right guys. The Financial Guys are going with jeb bush. Neil the popular names are jeb bush. Guys like that will get the nomination. Christies whole message is that he has reformed the public pension situation in new jersey. Hes helped their budget out of a huge deep hole. We saw this week with his budget address, that really is not the case. Neil youre saying it really isnt. I think he more or less recovered from that. Although, there were people questioning his temperament lets say politely. Now, hell be in confrontation with the Teachers Union over a new contract. I dont think he plays well with that kind of confrontation. I know the Teachers Union will be abrasive. Neil no one voted. No one is declared. You guys both seem to be ruling out the socalled passion candidates. By that, i refer to the cruzes maybe the rand pauls, i dont even know. I do know the guys who get the money on the table early are saying no. Listen, its a 300 million ask to get the nomination. Neil what do you have in your wallet . About a quarter that you have. Im working on it every day. Neil you didnt get where you are today without being a pretty good investor. And do you think that some that the donors are missing something here and why do they nervously lets talk about it. The establishment and all the wall streeters they went with jeb bush right off the bat. A lot of loyalty in the family. Jeb bush is a great guy. Theyre missing something about the full scouting analysis. If youre drafting the nfl player the most seasoned player, the most experienced guy for right now, and the youngest freshest face is scott walker. Those really matter neil. Governor bush is out of it for 12 years. Senator clinton or secretary clinton neil hes rusty . I think hes rusty. Neil is that true . Im not sure. Watch him on the stump. Hes very in demand of the issues. Neil you dont think the name hurts . Yes and no. In the beginning, i thought it would give him better credibility with the conservative wing of the party. That doesnt seem to have happened because of common core and immigration. The common core is going to be a huge problem. Neil or that matter Hillary Clinton in a country of 320 million people, if we come down to those two i agree. I agree. No one inherits this. Right . You do start out with name recognition, being very, very important. Neil absolutely. Frankly, i think hillary is not a good candidate for a gazillion reasons we could spend hours on. I think jeb has some of the same problem. Heres one interesting faq i hadfactoid every landslide has been a selfmade man. Except fdr. I think people love the story of up from nothing. They made it themself. Scott walker has that story. Jeb bush does not. They have not elected a since James Buchanan 1856. I know you were back there and that was a tough election and you can tell us about it. But i dont think it will happen. Neil nice seeing you again. Thats my last time on the cavuto show. Neil all right. Well the problems for conservatives isnt so much the president , to their point its kind of their own party. Especially the republican lawmakers who they say are caving on things important to conservatives like immigration funding run away Government Spending paul says he feels their pain because he too is pained. The rap against your colleagues is that theyre dropping the ball. You never know. What do you say . Well the thing about it, neil weve been giving away the power of the purse and the power of the legislative branch for over 50 years. Our leadership is brought into that life. They dont know how to win in this circumstance. Neil what do you tell them to do . If theyre trying to do things in stages are they being too incremental . No. I think we had good fundamentals of trying to push a clean bill without the provisions to for this president. They at least attempted to pay that way. We needed more marketing. We needed to talk to american people. Tell them why 5 million more illegals coming into their backyard are getting jobs and putting them second in line is not advantageous to them. Neil with the exception of guys like you i see them too afraid to do that. If they want to tackle welfare reform, they look callous. If they talk about community college, they sound like theyre indifferent to the needs of the young. Theyre afraid of showing the greater risk of all this stuff to all taxpayers. Why is that . Well, its about the theater and how you place this in front of america. You know, we shouldnt be afraid to say listen, Homeland Security is not going to be shut down. People are getting their checks today. Theyll get them in the mail on monday. When people say their checks came in, they were able to cash them. That you didnt stand and just blink. Let the president blink first. Why not play the dynamics a little bit different and have a dialogue with america. If the president loves this country, he will put this country before his agenda. How about we start having that narrative instead of running from everything, why dont we run and do something show exactly what this president is made of, but also show exactly what we as a constituency to show we stand for something or continue to fall for everything. Neil congressman, wellput. Good seeing you. What if i told you republicans still through all this end up winning big next year because the markets will crash big time next year. Harry says count on it. Charles payne says count harry wrong. Harry, why so scary . Demographics have been falling in the United States ever since late 2007. Theyll fall much more steeply in europe especially germany of all countries has the worst demographic country since japan. Actually even worse. We also have these triggers now. Were in a bubble. People dont like to hear were in a bubble. Theyre getting a 4 mortgage instead of a 6 for no good reason. Corporations are buying back their stocks at cheap money and growing their etfs for no good reason. Neil you say it all bursts next year . Yes, bubbles always burst. But people dont see bubbles when its hatchinghappening because its a high they dont want to end. Charles bubbles burst. The economy is cyclical. Ill live through at least six of them if im lucky physical therapy. I like your demographic work. Weve been hearing this stuff for a long time. What ive said on this network the Fox Business Network i always tell people and a lot of the people in the audience remember, if youre at Cracker Barrel once a week. Every friday you take the family to Cracker Barrel. Own the stock. Its up 700 in the last six years. We wont crash seven 700 . A lot of americans have missed one of the most amazing stealth rallies in history. People can pin it on what they want to pin it on. When it crashes people say well it wont end well. If we do crash, in my mind, its not the end. Its the beginning of another cycle. I totally disagree with you. There are times. Youre right most of the time. There are times like 1928 and 1968 after major booms of longterm cycles where stocks peak and do not get back to those levels from 23 to 25 years. Thats where we are now harry. You hold Cracker Barrel and anything you want to and i want to talk to you in ten years. Let me tell you something i already bought a watch with my apple stock and a house with my Cracker Barrel. I put that money to work. You guys act like we will lose everything. I got a great suit on. Not by hiding my head in a stand. Youre talking like a bubble idiot. An idiot. Charles your fear mongering has stopped people from making money. They got out of the stock market in 2009 because people like you said we should never lose. Everyone knows its cyclical. Its very dangerous and unfair to people who have been afraid to get into this market throughout this whole thing when they heard it will crash tomorrow. You make this prediction theyre afraid because theyve been through two extreme crashes. They have a good reason to be afraid. I bumped into one of our colleagues here. He told me he had a winner in the market. He told me reuben networks. Went to a football game. They were doing something fancy on their phone. Bought the stock at 17. Its 24 now. I told my clients to buy that stock at five bucks in 2008. We took profits at seven. Part of me wants to kick myself. I understand how it is i do this for a living and so do you, har he harry. Of course, the market would crash some day. You said this 2014, 12, 11. 2016 might be the year. Weve been right about most these cycles. Neil youve been wrong the last few years. People are going to listen to you. Harry, you have to listen, people will listen to you and say wait a minute, he was right on that one call, but hes been wrong through that one rally. Its not one call. Neil this rally the dow is doubling. The nasdaq have you missed this over the last few years, yes or no . Yes. Neil okay. Neil yeah, we keep warning that this bubble can burst we have not gone on our newsletter every month and say its time to sell now. We keep looking at the market and saying, you know what it looks like it will go higher. You cant have it both ways. You cant say i have made all the way up, but when it bursts i want a ticker parade too. Do what you want, charles. You can listen to charles, you can listen to me. I want to talk to people in five years and see who is happier. This week i had my subscribers take profits on a lot of things. The bubble bursts that will be money that they wont have to worry about. Its been unfair that people have missed this rally. Charles, have you seen a market go up for 30 to 40 years and not take a correction for a long period of time . My man im with you. Well crash one day. And i think whenever that day comes, i hope i have some money on the side so i can start buying neil gentlemen, well see what happens. Its a bull or bear market. Im not saying it will never crash. I want to know what stock you sold to get the suit. We actually provide them here charles. I can help you on that one. Guys, i want to thank you both. Take a peek at your utility bill. You might want to save it. Its soon to be a collectors item. The last one from a company before the government started doing it. Im almost done. [ male announcer ] now you can pay your bill. Manage your appointments. [ dog barks ]. And check your connection status. Anytime, anywhere. [ dog growls ] oh. So youre protesting . Okay. [ male announcer ] introducing xfinity my account. Available on any device. Neil i know Cable Companies are complaining about this whole Net Neutrality thing. How its big government, big footing all over the internet and how it will regulate them. But i think theyre secretly enjoying the government coming in. If you think about it it would give them a huge cop out. All those annoying customer complaint calls off of their servers and on to uncle sams servers. They may relish the day that those customers start missing them. The Cable Company that put them on hold or never showed up with the technician when they said they would. Imagine the government fielding those calls. Your calls. Some say it would be Like Health Care for the internet. Waiting even longer for anything. You get the picture . Former fcc chair michael is on. He said its not a pretty one. Hes concerned about the overreach. Yeah. Thank you. There was a very legitimate issue here. We call that the Net Neutrality. The importance of protecting the internet. If all the fcc did was address that limited objective, we wouldnt be talking about it. The commission has taken advantage of the opportunity to essentially put in place the most powerful regulatory platform they have available to them which allows them to regulate should they choose virtually any business practice or any behavior on the internet. Neil why would we worry about that that all of a sudden it takes away the incentive of businesses to branch off of what theyre doing on the internet . What . I think we worry about it because we love the internet we have. Its attracted any Capital Investment than any thing in history. They have spent 1. 2 trillion in a decade. Reached virtually every american home. You dont think companies will do that much for fear of regulation . It imposes new cost on the infrastructure which is ultimately borne by the american consumer. Neil the fcc the majority regulation is to make an equal Playing Field and make sure Companies Like that dont screw you. What do you say . Its interesting. The government has to prove a demonstrable thing of harm. Weve had no fcc in this market for 20 years. None of the horribles that people have testified to have come to fruition. No real evidence of the pattern or practice of that kind of behavior. No one has demonstrated with any weight that there are strong incentives of isps to do that. Internet service providers. You know, theyve increased speeds 1500 in a decade. Prices have been flat through that whole period. Theyve reached all homes. Increased speeds. Thats what you want to see. Neil i hear you. A lot of people i have a cellular plan. If i exceed it, for example, they say you have to pay more for data. Sometimes i feel like im getting gouged here. Am i right about that is that what the government is addressing on that . Or are they seizing on that to say you dont get what you pay for. Networks are shared. You may not like aspects of that data plan, but youd like it worse if it was so congested you couldnt complete a call. Neil the fear is that some of these companies gouge you. Youre saying i dont think thats the evidence. Not to mean that every customer is happy with their pricing plan. Neil theyll be less happy when the government takes over. The government can create an environment part of what youre paying for is new aspects and fees. One consequence of this decision. Heres what really matters. The amount of capital and vols of investment required to improve that for you, take you to this generation of speed to the next, those Business Decisions get impacted by imposing regulatory costs that slow down the velocity of that improvement. . neil it would affect the content people. The spin is Something Like this. If the Cable Companies arent happy, then you should be happy. Well you would hope that the government has a more sophisticated template than that. But im afraid thats the kind of vilification that has worked to produce this result which is disturbing. Lets remember were talking about companies who have been strongly involved in favoring these rules who have market caps two, three times bigger than any Cable Company. Who are profiting more massively from the internet ecosystem than a google or facebook. Neil it started with them. But now theyre not so hot on it. Is it a piggy bank . Everybody fears it will set the blueprint for charging and getting billions . If you mean the companies are trying to charge you and get billions, i really dont think so. Neil or the government could. Raising money. The government certainly always has the ability to tax services you use. If you pull out your phone bill or wireless bill youll see a host of taxes and fees that are up to 15, 20 of your bill. Those are coming from uncle sam or your state. That has been classic in telecommunications. That they regulate and tax those services in which the interpret has never been treated. Theres uncertainty as to whether local tax services now being told its like a telephone system will tax it the same way. Neil thank you. Very good seeing you. In the meantime, the Mainstream Media is furious over black lives matter. So does this silence mean that, well, christian lives dont . We compare you decide. Neil the media quick to say that black lives matter, but what about christian lives and whether they matter . Are we only focused on the color of their skin and not the content of their character, or in this case their soul . Lets be colorblind and lets not be just blind. Because isis is grabbing dozens more christians by the day. Other news outlets are barely reporting it. The white house all, but ignoring it. The former bush chief of staff andy says we better get over that because hes had enough of this. Andy, good to have you. We hear about the kidnappings and the killings, but rarely do we hear them combined with the word these were christian victims. And yet, that is the pattern. What do you make of that . Well, i want the president of the United States and our government to acknowledge reality. I dont think they should, you know put a veryhave a near on something to have it look like something it doesnt look like. I want to see whats going on in the world. . the people should know it. Its outrageous whats happening. Were at war with islamic terrorists. They arent just downtrodden people who are looking to fight for a step up. Theyre actually terrorists who are organized around a faith. I think theyre misguided in their interpretation of the faith. Im not against the muslim religion at all. But i do think theyre islamic terrorists that are out there. And we should acknowledge what theyre doing. And they have a goal that includes naming people as enemies just because of their faith or their background or their participation with the country. And theres no place to negotiate because they dont they arent represented by a nation state. Neil if you think about it, the overwhelming targets have been christians of any sort. And even where theyre not regularly practicing christians just the fact they are christians is enough for these guys to say youre dead. I dont think people appreciate the gravity of that or how widespread this is. And its antiamerican. Our country says that you can practice your faith without fear or intimidation. And what were finding right now other people islamic terrorists, are using faith as a way to intimidate. And that shouldnt stand. We should not allow that to happen. Neil wellput. Andy, thank you very much. Thank you. Good to talk to you. Neil in the meantime, say it aint so, joe did Chris Christie just pull an abba. Take it for the gov. Its up to you, new york. New york. It is ring adding baby. We are swinging. Neil isnt that brilliant . After that show appeared my old friend joe piscopo wouldnt soil itself with this show anymore. Oh, contraire, i was wrong. Joe piscopo is back and ready to sing the Chris Christie blues. Even though he is begging conservatives want to sell him short. If i run for president im not worried about what polls say 21 months before well elect the president of the United States. Ill take my chances on me ive done pretty well so far. Jokers, let itjoe, let it go . Why is he pouncing like this . I love it. I had a former new jersey governor, tom cain. . this is a great man. And someone neil hes had icy relations well, he was governor christies mentor early on. I said, what do you think of Chris Christie . He said, dont ever count him out. He is as politically savvy as bill clinton. I think hes right. Neil i think the former governor has been drinking. I love him to death. Im only kidding. I dont know if but come on. It was great. Two days ago, it was all scott walker. Christie sits down and says shut up and sit down. He answers it. Then you have isis all over the news. Weve been railing about this on the neighborhood. No one is in charge. These guys are running rampant. You need someone to say, shut and up sit down. Who else do you have . Neil so he is your guy . I dont know. Neil kowtowing to the jersey it is a jersey thing. Were proud to have the cavutos and the chris Chris Christies in jersey. Neil new race different brick. I want to get your thoughts on this. Perry is rebranding himself. Turning his hipster glasses into a campaign logo. What do you think . I love it. The glasses work for him. Its the clark kent thing. If i run for governor, ill wear shades. No, no no. I want to wear shades or something. I think the glasses there you go. There you go. Looking very cool. Neil i do that all the time. I think that rick perry really surfaced. I want to know what who actually said neil whatever. They went to rick perry. They said oops. Oops. Put the glasses on. It works. Im telling you i like perry. You know, donald trump i talked with donald early in the week. Anybody that speaks their mind. I like donald. He has plans. Neil speaking your mind is one thing. But you have to balance it out with some thought. I said this on the radio, mr. Cavuto, if i may, sir if jeb bush goes in and they anoint hillary, ill run to bypass altogether. Neil id vote for you. You could actually sing at your own inauguration. Save taxpayers a lot of money. If lois lerner had only thought of this. After 90 days, all your emails just disappear. Not secretly. Legally. Cuomo wants an auto delete for emails. Why would that be . Frankly i have no idea why. They must take up a lot of space or they can be a tad incriminating. Im kind of betting joe, that this is a way to save him from some lawsuits. You know what im a fan of andy cuomo. Why because hes italian . No. Neil if you want to continue this way where you continue yourself. I like cuomo, he governs in a thank you for clearing that up. He ticks off the left and right. Goes right down the middle. This is wrong. This is wrong. You cant delete. Imagine if we did that. Neil i tried. I tried. Talking about oreilly. Its still out there. Oh, my god. Im just thinking, there has to be a reason for this. And none of the reasons make sense. I talked to our it guys and that means technical guys and they say really its not a matter of saving that much. Its not a room thing. Its not a space thing. Yeah. Neil its no big deal. Although, when i think of my personal life, i wouldnt mind some personal emails being deleted. Some may want to go away. If indeed someone wants them deleted hes trying to hide something. I dont do email baby i talk to the people. Yeah but thank you. Someone said to me, neil cavuto did a great promo thing. Was working with lauren michaels. Neil you know, whats good about this. Its even sinatras demeanor. It was brilliant. Just brilliant. You know what that means, im old. Because i didnt need any makeup. Neil yeah, you didnt dress up. Ii used to have the prosthetics. I walk in. And the kids would make me up. I didnt a little shady here and there. Thats miley cyrus mother there. Neil you know, im telling you we like to joke here, but im telling you, he was the show. He was the brilliant guy. He was the master. All the guys. You saw it. Neil no, i didnt. But i say youre the show. [foreign language]. That means thank you very much. Neil after this, you want to know the secret of staying young . Eat like youre really, really young. Dont take my word for it take his. Neil you know, Everyone Wants to be like buffett. Warren buffett. Maybe they should just start eating like Warren Buffett because whatever this 84yearold billionaire investor is doing, hes doing it on a sugar high. Says he drinks at least five cokes a day. Eats more sweets than he can count. Chocolate forms the base of his food pyramid and uses 6yearold kids as his dietary model. Thats because he discovered they have the lowest death rate and with a wink the most fun. Well the World Health Organization might be having fits, theyre far from the only ones. These nutritionists are practically spitting on their spinach. We need to call out cocacola as unhealthy. Cocacola is not the problem here. Bonnie, what do you think of what hes saying . He may eat like a 6yearold but i dont think he invests like a 6yearold. So 6yearolds dont know everything. I dont think so does diet. Neil take his financial acumen, you accept it, this other stuff no . No. In my book the only one food that shouldnt be on your Shopping List is soda. So i think its not just about soda itself which we know is not great, but what is it replacing if kids are having soda instead of milk that has nine essential minerals neil hes a big investor in cocacola. He has a reason to say that. Hes a big investor in fast food. We should say that. He may have an agenda here. Youre saying its a wrong agenda to espouse. Its an agenda. Not only a shareholder in cocacola also a shareholder in sanofi which makes insulin. Both sides of the spectrum. Neil become a diabetic, he can profit off it. He can profit either way. Neil he does eat all this stuff. Hes 84 and sharp as a tack. Hes also said hes given a choice between diet and exercise. What he chose is exercise. So hes living a healthier lifestyle, and im sure he has help, you know, has trainers, people that help neil i know. But how many of us have had relatives that live a good long life and they didnt practice all the things you fine ladies preach. Thats exactly it. You have to look at the individual. If Warren Buffett just got back from bypass surgery if he had diabetes or obese, i dont think those sodas would keep him sharp as a tack. Its also genetics. Half of the story is genetics. The rest is environment. Neil youre afraid that people will hear this and say gee buffett is eating like a 6yearold going out of style. Right. And we dont want people to go and just eat whatever Warren Buffett says. Again it depends on your genetic disposition. Nothing in excess is healthy for us. The other thing is, i dont think we should demonize one particular food or think that a food is a magic bullet. Thats like asking one instrument to play the music of the instrument. Even the dietary guidelines that came out. At the talked about not looking at good foods, bad foods but the whole plate. Neil they keep changing those. But i think its getting better. Neil so Warren Buffett wise up. Exactly. Call me. Neil forget that iwatch thing. Apple is working on a Virtual Reality thing. How about just focusing on just your kitchen. Neil in tonights biz blitz time for apple to get back to reality. Because it is now looked into Virtual Reality. Tim is cooking up all these new ideas. Is this getting too far from apples basics and could it end up cooking in. On tim cook and his new ideas. Keith, you say this isnt steve jobs apple anymore. The company can do and mr. Cook can do whatever he wants. Right . Apple is sitting on a huge pile of cash. He looked to change the world with each one of his devices. Cook is creating an eco sphere of everything apple. Apple has enough cash on the sidelines to do whatever it wants. I say go for it. Neil jared, im an apple shareholder. Have been for many, many years. Looking at this not just from a shareholder perspective but are they taking on too much . Are they . I agree with keith for a different reason. Think back to the late 80s if apple said well have our own version of the walkman people would have said youre nuts. And then the ipod became their bestsellers. Or in the mid90s well have our own phone. The iphone the greatest selling thing of all time. Its a natural progress regulation of what apple is. And Virtual Reality isnt that far off with what we have in our phones. Were linked to them in our neil i dont even know what Virtual Reality is. Its probably my life. On to issue two google is going gaga on solar. . now, im not sure if its a good bet, but im just happy that google is betting with its own money and not the money with ours. Keith, what do you think . Yeah. I think, you know, this if you want to talk about a company thats going off the mark. I think this is the case. Google to me is not just an information company. Its about five companies combined. Artificial intelligence theres glass theres diddata. Google needs to be broken up. Separate the thing, let the profit get unlocked if theyre on to something. Dont spend our tax dollars doing it. Neil im not even pro or against the solar thing. If anyone will make the risk, let private enterprise make the risk. What do you think of that jared . Thats correct neil. Heres another way to think about it. Google making their own bets. The company shouldnt be broken out. This plays into their test. Next time the government wants to put money into something, how about you let us know about it, and how about the people vote on the next technology that we feel we should spend our money on . Thats my biggest problem. I like the idea with google. Im glad theyre all of you their own dollars. Neil ever since Monica Lewinksy has a dress caused so much controversy. What color is this dress. Lots of colors. White and gold. Blue and black. Millions of tweets texts, and emails. A global conversation on this dress and the color of it. Keith, wow. What you know, this to me says a couple things on a very serious note. A dress like this is all about context. Right . In the interest of full disclosure, i dont own a dress so i cant tell you what color it is. You know, the thing is it doesnt matter, what it says is that the world is filled with dangerous headlines. People find entertainment or context in evaluating a dress. Neil fair enough. Real quick take on this. I agree we like stupid simple problems we can solve. Its an optical illusion that wont be solved. Neil the dress is purple. You learned that leonard passed. The financial industry lost an even bigger player. Is computing to empower cancer researchers. It used to take two weeks to sequence and analyze a genome; with the microsoft cloud we can analyze 100 per day. Whatever i can do to help compute a cure for cancer, thats what id like to do. When the moments spontaneous, why pause to take a pill . Or stop to find a bathroom . Cialis for daily use is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. Tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. Do not take cialis if you take nitrates for chest pain as it may cause an unsafe drop in blood pressure. Do not drink alcohol in excess. Side effects may include headache, upset stomach, delayed backache or muscle ache. To avoid longterm injury, get medical help right away for an erection lasting more than four hours. If you have any sudden decrease or loss in hearing or vision or any symptoms of an allergic reaction stop taking cialis and get medical help right away. Ask your doctor about cialis for daily use and a free 30tablet trial. You know, i know everyone is focused on the tragic death of leonard nimoy, in the financial community, a far bigger out of this world figure passed. He once headed up the large financial giant aig it was how he headed it up and the guff he refused to take from administration types he would accept salaries he would have no part of. Dragged out in the middle of a meltdown to fix things up. Last time he was on the show i asked him if his family ever asked him to walk away from aig. Did your family ever say we know your commitment to this. We know your commitment to make this right and help these thousands of people. But were your family. I said youre going to win dont give up do what you need to do. We love you this is about doing the right thing. Whats the diagnosis now . The diagnosis is im doing well, and enjoy life until we tell you its starting to affect you again. My grandmother used to say to us give me my roses when i can smell them, and so imenjoying giving roses and smelling them and having a wonderful time. The reality is he was still hurting and the cancer was not going anywhere and it has now killed him. Dead at age 70. Charlie gasparino knew him well knew the company well knew his role in the great meltdown and how to get us out of it. I did not have a relationship with ben but studied what he did. I had a relationship with hank greenberg, and i still do. What was interesting, when hank was ousted by Eliot Spitzer who forced the board to push him out because he drummed up the regulatory charge, came down to as much ado about nothing, almost none of the charges still exist. Aig was led by Martin Sullivan who did not have the chops to run it. This guy did. It would have been great if ben took it over when hank left. He got it. He didnt take crap from anybody. Didnt take crap from anybody. I dont think anybody could have run it as well as hafrpgnk did. He said im doing things my way. Youre that way. It wasnt that easy to tell the federal government no at that point. Infused a tremendous amount of cash to aig. Has all that been paid back . A lot of it has. He pushed that . He pushed that. What he didnt do he didnt throw the baby out with the bathwater he. Knew to pay people if you didnt pay the people, despite the fact that the company was bailed out, well i hate to say it, who knows what could have happened next. This is like dealing with nitroglycerin from a financial standpoint. Thats what he was good at. The tragedy is that robert did not take on the role after hank left. Remember, he didnt take it over right after. There was a guy in between put in there by goldman sachs. Thats right, and they begged him to come back. He didnt want to. All right, im back. And now, robert is gone a lot of folks dont focus on financial titans its a pity, because of that guy a meltdown might have finally stopped. Robert gone at 70. John a mob can be an ugly thing. In the past mobs kill people they said were witches. Today they still kill people with whom they disagree. Mobs are always is dangerous, destructive things. Reporter we focus on american mobs. Liberals crawl on the mobs. Get off the campus. The Koch Brothers and their cronies. I think they should be in jail. Private property. John mob rules, thats our show tonight