Omalley. Dont think about it liz warren. There is a new guy crashing the liberal party and taller than all of you. You can put the others on top of each other. You get my point. Message to Hillary Clinton start worrying not about losing the nomination but driving so hard left that you dont get much beyond the nomination. To Charlie Gasparino and bo dietl. Charlie you say that the mayor needs to focus on present job and hes not. Listen we had two mayors in a row incredible workaholics and very good mayors. Rudy giuliani and mike bloomberg. They were working 24 hours a day, these guys, and for mayor bloomberg, a billionaire he didnt need to do that, but he did it. And very effective. And get a guy not effective as mayor even sitting in Gracie Mansion, hes not very effective as mayor or sitting in city hall. Not very effective as mayor. Hes a very ineffective mayor and point out he has a decent Police Commissioner but murders are on the rise, and a problem with crime in central park. Iowa. I will tell you this my opinion is this a ruse. He has always been very close to Hillary Clinton. Neil funny way of showing it. Heres why. Better him than elizabeth warren. He trumps war whoen is a true believer. Neil people say that about him but he is galvanizing the left. They like whatever the opinions are, they like him. Hes a rock star. What do you think . You know i learned the word progressive, whatever the hell that means. I named the mayor, mayor big bird de blasio for a reason. Neil are you running against him . I might still do that. Caused so much division. Four people mugged in central park. 12 shootings on the weekend. 4 deaths in new york. Neil youre blaming that on him. In division we buried one of our officers on friday. Neil blaming him . The environment when he let the demonstrators close down the roads no peace, no justice what do we want . Dead cops. When do we want it . We want it now. He made the environment. This nincompoop wants to be the president now . Dont think for a second he doesnt believe she goes down with the benghazi thing, goes down when they find the 30,000 emails from china or russia who has them. Theyll hold her blackmail. In reality big bird thinks he will be the choice candidate there. Neil mayor de blasio. Im sorry i personally will call him big bird to his face. Neil he is mayor de blasio. I dont like the man. You know what i call him . Comrade bill. You are worse. Interesting point he could be a way to blunt all the leftists. He knows he cant be president. Yes absolutely. Neil im telling you guys i believe if she stumbles they will all leap at the point. Its happened before. Elizabeth warren has a good shot. Even barack obama who spent most of his time as an illinois senator and then was i believe a one term u. S. Senator. He had broad experience. This guy was a city councilman and now hes mayor. You got remember to, in his mind, he came out of no, where the mayor of the greatest city. He is all around Gracie Mansion where i live. I dont know what goes on behind the walls, the guy believes he can become the president. No, he knows he cant. He knows he cannot be president. I think what hes neil you think Eugene Mccarthy thought that in 1968 and surprised almost everyone. He was a senator from wisconsin and almost beat lyndon johnson. Different times. Neil i agree but you wound the unassailable incumbent to the point that the incumbent looks staggered point in case point in case, we had somebody in illinois who was a United States senator for about a year, a nobody, and he became president of the United States. On the cover of news week magazine 20 times. Neil you dont think de blasio is on the cover . The big bird. Neil hes been on the cover. Barack obama there was a sensation around him. Im sure hes doing this to enhance his national profile. But hes not going to run now. Wasnt he in iowa . Wasnt he in iowa . Hes in iowa. Mitt romney was running. Neil well yeah, Hillary Clinton will not get the democratic nomination. Whats he doing in iowa eating corn . Neil thank you thank you. Charlie, he believes it charlie. Dont be living in the cave charlie. He believes a lot of things. Neil such a manhattanite get out of manhattan. All right guys, tax the rich and spend on the poor. It does seem to be the cornerstone of that de blasio plan and popular with those on the left. This as our federal debt is projected to top 20 trillion by 2035, and a lot of that because the entitlement programs, hadley says it is time to put the failed war on poverty to rest. Richard fowler says, well it is time actually to put hadley to rest. He doesnt say that. Hadley, you first on this, you think weve got a wakeup and realize this is beyond beyond a crisis now explain. Thats right, we can look at our federal budget, look at our National Debt that tells the story how spending is out of control. We need to look no further than communities. Hovering around 14. 5 . Americans struggling facing hardship. Government efforts to reduce poverty have back fired on those they intended to help. Neil i want to go to you, richard you got to do something to rein in that anyone who tries to talk or address this gets electrocuted. Would you think republicans have to be this frank, whether its a Chris Christie approach, raising the retirement age, what . Because that when you start putting in the specifics, it doesnt go down well. I think republicans ought to focus on the positive here we recognize that government can give handouts and does give a lot of handouts. The only place you get a hand up is in the american sector. Give people a path to advancement that comes through work and job creation and other things. Neil you didnt address the question. Fair is fair, sir, richard, the argument you hear that Chris Christie that it is unrealistic to assume that the benefits on the programs on the trajectory are going to make good to the promises to folks paying into them. Do you think we should means test and should be raising retirement wages . Do you think we should be staggering in some of the changes before the whole thing blows up . I have another revolutionary idea, neil scrap the cap. If we get rid of the cap totally, and after you get a certain number of noirjs can you no longer be charged Social Security or medicare or medicaid tax. Every american will be taxed the same amount and keep the system alive. I want to point out fact that my colleague made the Government Programs dont work. Every time the government spends, the majority goes to the private sector. The government contracts work out to the private sector and small businesses. Neil that is beneficial in the case of Social Security or medicare. You are talking about paying hospitals and indirect benefit to that . Thats part of it. When you pay a hospital, and nurses get to work, doctors get to work. Neil thats creative and i admire your creativity but what do you make of that . Hadley, he doesnt raise a bad idea if you stop the cap stuff. It is addressing the revenue side, i would also what he leaves out is addressing the spending on all of this side. What do you think . You think if a lot of government money goes back into the private sector i suggestlisque it there. Dont take it out of private sector for inefficient government program. We ought to focus on reforming the programs. If you look at every dollar the government spends, 49 on entitlements and Social Security. Neil there are people no matter if they have been pouring money into Social Security, they shouldnt get it back because you are too wealthy. The figure is if you use 200 grand a year, you shouldnt get Social Security. He said that would be grandfathered in. I dont know the years he pegged to it. I suggested at the time it would be one year, you know younger than me. But my point was that that is what he was saying like so many programs we pay for it, we dont get this one. How would that go down with republicans . We absolutely have to pursue cost cutting reforms in Social Security and medicare, and i think its right to grandfather people in. People have learned to depend on the programs. How do you think thats going to go, richard on the rich or the poor or the middle class. You are not going to get Social Security . The reason why im laughing over here is i think you are 100 right. When you ask republicans about specifics they dont want to give specifics because any specifics would mean they would drive grandpa off the cliff. Neil its human nature. Neil mentioned the specifics. Neil neil is not on the side. You are on the side. Social security versus a lot of groups have been open about scrapping the cap and making sure every american fine would you be open to means testing some of the benefits . No need to means test if we can make sure the system is solvent. And the critical linchpin is make sure every american pays their fair share, whether its the secretary or warren buffett. Neil that analogy bugged me. You said his secretary was paying more in taxes be that he was. Pay her better. Hes such a cheapskate. We have been very specific. Neil actually you both got specific. I appreciate that. Very good seeing you again. Next to the nfl, tom brady gets four games for deflating balls. Ray rice gets two . Something wrong with that. Were behind the ball and behind the decision. Coming up who are you going to call . Ghostbusters star ernie hudson on the summer of sequels i love the idea but it could be getting out of hand. The real question that needs to be asked is what is it that we can do that is impactful . What the cloud enables 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. Hey america, still not sure whether to stay or go to your people . Well this summer, stay with Choice Hotels twice and get a 50 gift card you can use for just about anything. Go you always have a choice. Book now at choicehotels. Com ous, and given the initial twogame suspension handed down to ray rice for allegedly assaulting fiancee. A lot of new england patriot fans say its unfair. Something about deflated balls not comparing to assault and battery. If things stand now, nfl golden boy and fourtime super bowl winner might have to sit out the first four games without pay and all because the nfl says he cheated and thats that. The sportscaster jim gray, who very early on was asking mr. Brady about all of this stuff. He kind of dismissed it with you you know, jim, but now here we have this penalty that he could be facing where does it go now . Arbitrator decides or what . I dont think he dismissed it, i think he said he didnt have the time to digest it as of yet. I asked if he was a slow reader. I want to be clear this session with him, that is before all of this went down but he was well aware of what they were look at at the time right . No, the report had just been released the day before and the session at Salem University was a fundraiser for that college a seminar on leadership set up four months before and basically was 7,000 or 8,000 people in the arena who paid to hear tom speak. It was not a setup interview like somebody agrees to sit down with someone else. Neil im sorry jim, you asked him about that. Do we have the clip, michael . Can we play it . Has this however detracted from your joy of winning the super bowl . Absolutely not. Why not . Because we earned and achieved everything we got this year, and im very proud of that. Neil well, you love being the skunk at the picnic, dont you, jim. You got out of there alive, touche. What do you think happens now, jim . Well i think hes going to appeal. I think that his statement that has come out, his agents statement and the statement the club that theyre going to fight this, and theyll go to war, guns ablazing, and if this is appealed and it is not heard by Roger Goodell and Roger Goodell should step aside because this should go to an independent arbitrator he should not be the man who decides this appeal because he hired an independent counsel and independent investigator in ted wells to do this. He should step aside and get out of wait so somebody independent. And if that happens there is no way this will be upheld. This will be overturned in a heart beat like ray rice is overturned and Adrian Peterson is overturned. Neil on what grounds. Turned over by form commissioner paul tagliabue. On the fact it did not come to any conclusion that proves that tom brady had anything to do with deflating the balls if they were deflated if you believe that mremis in the first place . Neil say even if he did, so what . Thats true this could have been handled in about 36 hours. All of the quarterbacks its well documented. Eli manning talked about everything he does to the balls. Manning and brady and 20 others agreed the commissioner agreed and the league in 2006 they could handle the balls. Seems to me why would the league participate in what don yee bradys agent called a sting operation. Why would the league show up having gotten from the general manager of the colts awareness that there might be something wrong with the inflation of the footballs and not alert the other team . Why would you want the league and procedure to have the fact that half the game would be subjected to balls that are not fit . That shouldnt conform . That dont conform . Why would you want the game to be even . We have an issue thats come to light here that we think there may be a possibility that theres something wrong with the balls. Dont do it guys dont subject and jeopardize your chance to go to the super bowl. But the league goes on with this and they play half the game with balls that they think might be deflated. Neil the only question i have is the league doesnt have control of the balls. Maybe that changes it. Do you think this hurts bradys marketability or deals with so many sponsors . If a fourgame suspension holds in the beginning of the season they back away from him . I dont think so. I think that tom brady is very selective in the people he has chosen to do business work the companies that he has aligned with, have been with him for a long time. Nothing in his past that would indicate that there has been any problem. Hes been a standup ambassador and a model citizen in the nfl. Hes been the face of the nfl and won four super bowls. So i cant see, based on this very flimsy report that has come on that all kinds of holes can be shot into by independent arbiter that any of the companies with tom brady would think its bad business to be with him after 15 years of excellence. Neil jim always good having you jim gray. Thank you, neil. Always great to be with you. Neil we have a fox business alert, Federal Reserve has emergency plan in case the nation defaults on debt. How about a plan that keeps us from defaulting in the first place . My spiel next. Neil the next time the financial wheels come off, know the Federal Reserve is ready to move in. Its got a plan in case we default on debt. Great. How about a plan to make sure we dont have to use that plan . How about taking measures to avoid that last measure . How about everyone in washington Work Together on a plan to make sure we never do get to the brink . How about a plan to avoid financial armageddon before we get anywhere close to financial armageddon. How about a plan where we dont have to take emergency measures because weve already taken the right measures and taken the right actions and set ourselves on a course to not spending money we dont have or printing more money to make up for the money we dont have. How about we get ahead of the curve rather than frantically cleaning up the mess after we go over the curve and down the cliff . How about we dont put the onus on the fed, how but mr. President and the Congress Make sure the fed doesnt get to the point. Unless we do that kind of stuff were in deep trouble. No one is doing that. Thats what worries me brian, what do you think . Yeah, the fact that the Federal Reserve is talk about this is fascinating. You know neil, theres two ways you default. One is default like greece you run out of money. The way the reason that the fed is talking about this now is because we have the debt ceiling debates all the time, and that means we run up against the debt ceiling and the government has to borrow money to pay bills. There is plenty of tax receipts to pay the interest on the debt. So if the treasury pays the interest on the debt, you dont need the fed at all. The problem comes that we owe other money, Social Security, Medicare Medicaid thats where were spending too much. Neil brian, what constitutes a default then . I heard different definitions of this. When you dont make good on a federal payment is that technically the fault if you dont pay a Social Security check out or dont make an Interest Payment to a bond holder, are you technically in default . This is fascinating, i dont know what the Legal Definition of this is, if you dont pay your bonds or the interest on the bonds or the principal back, thats a default. If you dont pay a Social Security check or pay for a new highway, i wouldnt call that default. If you call that default illinois is in default right now. Neil very good thats why i wanted to pick your brain on that. If im at the fed or the treasurey, im going to reprioritize, just like people who are in arrears or in a bind, the first most important is interest debt to debtholders, it is hullabaloo, is that what the fed is doing in the plan and preparing for like the ultimate you know, nightmare . Yeah, the way this is kind of a little confusing, because all this came from a letter that a congressman sent to the treasury, and what it sounds like is t