tv Cavuto Coast to Coast FOX Business September 28, 2016 12:00pm-2:01pm EDT
a population that votes. ashley: makes a good point, trump picked that up, that went under the radar. stuart: you watched it live on "varney and company". "varney and company" is now out of time. neil cavuto has a couple hours to spare and is with me now. it is yours. neil: we are watching what is going on in washington, the united states senate, chuck schumer is speaking, the latest democratic senator to bolster the president of the united states and say he will vote to overdehepridt've o families to sue saudi arabia for that government's purported role in the 9/11 terror attacks. separately there is a little drama behind the scenes, senator bob corker of tennessee is carving out a separate measure that will fine tune who can sue
and who can go after the united states interests abroad if there is tit for tat on this kind of thing, something the president was talking about when he vetoed this in the first place. clearly expected in the senate today, luckily in the house tomorrow. this was ratified by both parties by overwhelming, near unanimous, the senate and the house, we will keep you posted, former virginia governor and senator george allen will give updates on that. in the meantime getting a read on the fallout here, if donald trump did as poorly as we are told by media critics, the campaign war chest has a funny way of showing it. reports are he raised $18 million since that debate. tom, hillary clinton folks have been raising money as well.
i don't know whose figures are accurate but first to donald trump and the $18 million. do you buy that? >> sure. i have no reason not to buy it. they put up the statement they are raising all this money, that often happens in situations like this with a big event so no reason not to believe they raise a ton of money, trump was in florida, rallied, seems is folks are is engaged as they have ever been. it seems plausible he used that event to raise a ton of money. neil: all the times you look at those bands and those who supported donald trump or hillary clinton, how wide-eyed or optimistic they remain, both camps, both candidates to that degree kept their bases in tact, hillary clinton might have had a few more than she normally would but hers is the greater challenge, to keep those bernie sanders voters she is meeting with bernie sanders today, on
her side. >> exactly. trump supporters, hard-core supporters are energized. his problem is building beyond that to get the extra 5% or 10% he needs to get into a position to win the election, hillary clinton has the opposite problem which her base is not as energized, she's having trouble with millennial voters in particular but even other folks, african-americans, she needs to get that base energized. the clinton folks think they did that with this debate. one thing comes out of it, maybe she was able not necessarily to win over new voters but the pool back, voters who were not as strong on her as they might have been. we will hopefully find out more in coming days. neil: that is how i was looking at it, run the other way. people are going to talk about winning over independents and those who are undecided but this
comes down to inches with your own people getting them out to the polls, final question in that regard, hillary clinton has a lot more campaign money in this race than donald trump so she and her staff have the wherewithal to get out that vote. that is where the campaign advantage, fundraisingwise, will show itself. should the trump people be worried about that? >> this is one of the things. she spent $150 million in september against donald trump, lost 5 or 6 points in the polls. money is not the be all end all. the clinton campaign says they are using that to organize but trump didn't have much organization in the primary and managed to beat a 15 person field with better organizing than him. this is not clear to me that the traditional metric you use whether money organization are going to bear as much as they have in past elections because trump is such a unique candidate. stuart: that are and i put it. thank you very much, good seeing you again.
as you have seen on this network, they have been grilling the fbi director not only on whether he gave hillary clinton a pass but to the conclusion he did, why he gave two key staffers restricted immunity, allowing them to be shielded from any other charges or any rough stuff with uncle sam. that came up repeatedly today whether people were adequately satisfied. >> house republicans spent hours questioning fbi director james comey why his investigators gave immunity to cheryl mills, she being a top aide to hillary clinton. comey says mills was given an act of production immunity. that allowed his investigators to search through mills's laptop, republican lawmakers tried to make the case legal means like a subpoena could
secure the same result. also at issue for republicans, standing at legal counsel to clinton during the investigation, that led to this question. >> can you cite any instance in which a witness to a criminal investigation had been interviewed by the fbi has been allowed to accompany and serve as legal counsel to the target of an investigation? >> from personal experience it wouldn't surprise me if it happened. >> one republican congressman said he suspected there was a, quote, heavy hand behind the fbi recommendation do not prosecute clinton or anyone in her inner circle. throughout the morning comey not only defended his integrity but also his department. >> this organization and the people who did this are honest independent people, we do not carry water for one side or the
other. don't call us weasels which we are not weasels. we are honest people. >> you heard me mention republicans. for the most part democrats haven't been touching this one at all. at least the clinton email portion of their questioning with jim comey, some of them are asking about donald trump's potential ties to russia. all of this heads back to november. neil: heather sanderson, senior advisor to mrs. clinton got limited annuity and the argument i understand from lawyers was there might be classification disputes, something gets out, they should be protected from suits that might come as a result of that. is that carrying much weight? >> what comey is trying to say is there was this laptop and they wanted the laptop because within the laptop are the emails. they offered what they call
limited immunity to cheryl mills and also immunity to four other people in this case. the republicans are saying if you want to get that laptop, you could have done it in other means would you didn't have to give cheryl mills immunity, you didn't have to give these other folks immunity so they are not pleased. it feels like it was handed out all over the place. neil: thank you very much. speaking of all things, the voting underway, the 9/11 measure would allow 9/11 families to go ahead and sue and members of the saudi arabian government, they think is justified, the president vetoed this mease,xpected to be overwhelmingly overridden in the senate, similarly in the house tomorrow.
this has united democrats and republicans despite an effort by a couple on both parties to try to winnow this down, limit, dangers us interests abroad, will no longer have the protection of sovereign governments if this goes through so they say. we will see how this goes but this is expected to pass by unanimous vote. we will keep you posted. former virginia governor and senator george allen on that. you want to see this measure, you share any concerns about the president of be careful what you wish for, you might just get it? we are on the receiving end? >> senator corker you mentioned earlier may have some fine tuning but as the process goes forward we ought to stand on the side of injured families and individuals in these matters. when i was in the senate tom harkin, a democrat, and i worked together for the hostages held
by the uranian government, state sponsor of terror and they went to court and got a judgment and we wanted to get the assets of the iranian government to satisfy those claims. the administration. maybe this is institutional or the state department, fought us on it. i was watching when they were giving money, cash to iran which is a state sponsor of terror, what about the victims, they were held or killed or harmed by that state sponsor, this matter as it goes forward should look out for the victims, we ought to look out after our interests, it can be fine-tuned. this veto should be overridden by the senate, that position make any changes. stuart: while i have you here i would be remiss if i didn't get your take on the debate, this
issue over who is more transparent or open with information, hillary clinton one after another, trump releasing tax returns, he went after her on her secretiveness around emails, you know the drill, should each of them get everything out there, expose it all, let people at home judge it or is it too late for that. hillary's emails were deleted, there is a distinction in which she was a government official and made vulnerable decisions as well as classified information, donald trump is a private citizen. what people want to see laid out is how are these two candidates views attack their tax returns, people talk about made in america. who is going to review some of this red tape that is overburdening our country?
the national association of manufacturers showed american manufacturers for each employee every year pay on average $19,000 a year in regulatory compliance for a small manufacturer less than 50 employees so much as economies of scale, causing $30,000 a year per employee. manufacturer in america wakes up every day 20% behind their international competitors and the reason, that is not even taking into account labor costs but the cost of taxes and regulation. americans want to see the country more competitive and who has ideas and policies that allow them to succeed in life and provide for their families. that is what they want to see laid out rather than this other stuff. stuart: neil: thank you very much. the governor touched on this
issue about doing business abroad. ford has gotten under donald trump for what it was trying to do. with 18 smaller cars abroad in mexico. he promised to slap a big tax on those vehicles when they come back, but this coming from a candidate proposing big tax cuts with businesses that love it. the love/hate relationship, a lot of the business community has with donald trump from his economic and market and finance and how he produces the calm but stays more. that is next. the pursuit of healthier.
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>> our jobs are fleeing the country going to mexico, toward many other countries, ford is leaving, you see their division leaving, thousands of jobs leaving michigan, ohio, they are all leaving and we can't allow it to happen anymore. neil: donald trump talking about ford. making a lot of it small, in mexico, ford put out a statement fighting these claims, things that ford has more hourly employees produces more vehicles in the us and the contract ford ratified with united auto workers union in november 2015, there was no impact on us jobs from economic advisor steve moore. ford is telling your campaign there is nothing here.
what do you say? >> on these trade issues, companies leaving the united states i hate to see that but i hate to see an american company go to mexico or china and produce things that should be produced here. i don't want to get in the particulars of the ford issue but i believe if you do the trump tax plan and regulatory plan, these regulations on the backs of our businesses, they want to do it in the united states and i heard that statistic with george allen on your show, 19 or $20,000 per employee and regular story costs how can we compete with that, i don't think we need tariffs. i think we need to get attack system under control, reasonable and less costly regulations and we will see companies that are overseas that come back like a magnet. neil: that messages drawn out by
the ford thing, dealing with the lower tax whole making it silly for companies to think of leaving in this case. you raise a good point. ford is doing this and the threat of a donald trump, president trump would be you go through with this, we are going -- a big tax on them. americans pay their taxes, is he making a risky move? making a big mistake? would you advise him to change his mind? >> one thing i admire about ford, the auto company that did not take bailout money, kudos to ford for that. neil: more insulted as you figured out. >> a lot of jobs in the united states, he was just using ford as an example. neil: you don't think he will go through with it if he becomes
president? >> i haven't asked about that. neil: you are a free market guy. this seems to go against every fiber in your body. do you just look at the tax cuts, what he wants to do on deregulation and all and ignore this stuff as campaign fodder? >> you are so right about companies leaving, every small town in america knows that. i don't think you need to slap tariffs on these companies, we need to use the carrot, not the stick. i agree with them when these companies are leaving, with these policies and access to american markets, we do need to start thinking about how to keep these companies here and penalties on when the stuff comes back, that might make some sense especially i am not so concerned about mexico. i am concerned about china.
china stealing our technology, not playing by the rules, we open our markets and they don't open of our markets that we can't sell -- i would say let's set a level playing field. having somebody like donald trump, the art of the deal, who knows how to negotiate from stronger position we will see a better trade. neil: is in a negotiating tactic? much like ronald reagan's famous star wars defense initiative would bring the other guy to the table. >> i don't want to contradict what donald trump is saying, you have to ask him that. having someone talk to the negotiating table is mighty appealing to me and a lot of american workers, protecting american jobs, making sure they are not leaving. neil: thank you very much. something was touched on before, the redstone national amusement and viacom and cbs to merge, in
neil: you are looking at michelle obama in philadelphia, she is more popular than her husband right now. one of the key surrogates backing hillary clinton, saying you want to continue the president's legacy you want to elect hillary clinton. in the meantime if you want to do something for the first time against this president the senate is on the verge of doing that at is the house likely tomorrow because it look like the senate has gotten enough
votes to override the president's veto, the 9/11 measure which allowed victims families to sue saudi arabia for its role in this attack. going to the house, the first time, this veto has been overridden and overridden by unanimous consent on the part of democrats as well. in the meantime donald trump is in chicago today. even at the risk of picking up a lot of people in his audience, he wants to return to an issue he pounded in the debates, listen. >> in chicago they have thousands of shootings, thousands, since january 1st, thousands of shootings. i say where is this? is this a war-torn country? what are we doing? we have to bring back law and
order. whether or not in a place like chicago you do stop and frisk which works well, mayor rudy giuliani worked well in new york, brought the crime rate way down. neil: we have keith hardy, former chairman roger it is here, you are okay with stop and frisk, there are many in the african-american community who say it is all about racial profiling and assume the black guy has begun. >> in our community the target is both ways, you have to target in terms of violent crime being committed in black and brown communities but guess who the victims are? black and brown as well. i grew up in harlem in the 70s and 80s off of striver's row, middle-class african american neighborhood, they were plagued by crime so much that i had a crack house across the street from my house, i had a dentist to my left the librarian to my
right and a crack house. that was new york city, urban america in the 80s. in the 80s and 90s, the rudy giuliani revolution as part of that was an attitude more than anything else of the end of permissiveness in terms of crime, the end of the idea we have to get to the root causes, it is not their fault, nonsense, decent people were held captive in their own homes and rolled it back. part of that was the stop and frisk policy. that is what the government should do. neil: wasn't in the constitution, that confused the debate, something rudy giuliani sees shortly after that. >> tonight in america, stop and
frisk goes on. that is the statement was completely ignorant and uncalled for. he shouldn't get involved in a legal issue. that is the only thing about it. neil: what about that? >> rudy is right. the fact a particular judge -- it can't be changed if we had a different mayor. neil: the mayor? i don't mean to race cast but do you think donald trump -- he keeps saying he has, you keep hearing the percentages, what do you say? >> he is resonating with the black community. you know how well trump is doing? look at the reaction from liberals and democrats, he doesn't talk about black issues.
in front of audiences across the country, they say that is a problem because of the black community, maybe the black community -- he is still not doing a good job. they are terrified, terrified because of the potential to pull the finger out of the dam so the monopoly that exists in black america, it is quite possible in this election i have been saying on your network over a year. this man can get 15% to 20% of the black vote. if that happens the monopoly is over. neil: if we get that it is in order. >> it is possible. he has to have a good campaign in the community. a better second and third debate look what obama did to mitt romney or candy crowley did to mitt romney.
neil: exactly right. giving us all that, the next two fights but we don't know. that is where this analogy goes, thank you very much. the senate appears unanimous, harry reid voting against this, that would be anybody but harry. 97-1, we are not there yet. that is a clear signal, you are going to be overridden because of what happens in the house and then what? then what? maybe they concoct a measure after this that will address people's concerns that us interests will be targed abroad including us diplomats and those with business over there. for now this measure the president rejected is about to become law.
trained to in washington with the vote of 97 to one with harry reid being the one who voted to override the president's veto of the 9/11 with the last victim's family to sue saudi arabia for reported role in the 9/11 attacks. now we are told they are going to speed up things and allow the house to vote on this but not until tomorrow -- like today. maybe very, very shortly. 2:45 we're told the house will
do this. that means in rapid fashion the first override a presidential veto of this administration will take place and be done by midafternoon. also keeping you posted on political developments, hillary clinton we told you it's going to be off in new hampshire with bernie sanders and the first lady finishing her speech in philadelphia where she has been a key surrogate as her husband who has been putting out ads across the country touting continuing to progress to see an ad with hillary clinton in will assure the democrats will continue to be working for the people of the united states. president obama said something interesting on this. hillary clinton sort of quagmire the poll while she is facing the difficulties she has of late. apparently a lot of it is because she's a woman to listen.
>> i've been frustrated by the degree to which probably just because she has been around a long time, people just do not give her credit. targeted maybe it's because she is a woman and we have not elected a woman president before. trained to think that through. when she was soaring in the polls was that because people didn't realize she's a woman. i don't know. kind of trivializing the debate, but it is what it is. ileana johnson, what do you think first off what the president say it not just doesn't seem to hold water to me, but that is just me. >> k., neil. it is ridiculous. if you remember, the calculation the clinton campaign has made was that many, many people were going to come out to vote for hillary clinton precisely because she is a woman and she's a history making candidate.
the first female nominee of the major party and people would want to make history by electing the first woman president just as they did by electing the first african american predent in 2008. that hasn't happened because as it happens people don't really like hillary clinton and not their problem. neil: i always argue in you i chat about this to use more female legislators in congress where better than 100 of them now. you could make the argument in a body that has over 500 individuals you can do better. among fortune 500 ceos with only a couple dozen other women, you could look at those numbers. we could have more than the six female governor's behalf. that was unheard of a little more than a couple decades ago. i would like to think we are past that. what do you think of the president dragging us back into that? >> i really think it is ridiculous. certainly she does face some disadvantages on the campaign
trail for some challenges, certainly more difficult to address in things like that. in the debate it introduces different dynamics that the little bit or difficult to be aggressive if you are a woman. by the same token, donald tom facing difficult dynamics debating against the woman is difficult to be aggressive and rude if you're debating opponent. neil: i think to be fair in the editorial section scrutinizing how trump kept interrupting a woman and how bad that loped. i didn't mind it when i did it to the other. it is part of our great american campaign culture to just go at it with each other. >> well well, i think it is fair because these are dynamics both candidates need to keep into account. people have an adverse reaction to peer people don't like to see men treating women crudely. it is just a fact of able have a
more adverse reaction to cede women act very aggressive. these are things i'm sure hillary clinton took into account. she didn't interrupt trump and behave overly aggressive towards him. he should've taken into account -- better into account not to interrupt her constantly. he looks like a rude. neil: that she did this thing to him. >> i didn't think she interrupted him in the same sort of actor in way that she did to her and it didn't come off well. both face challenges debating the different gender and that is precisely why it's ridiculous for president obama to say she faces unique challenges because she's a woman. both face challenges debating somebody of the opposite gender. neil: or debating a stage where you know a lot of people are watching. whatever your agenda. thank you very much. great seeing you again.
wells fargo ceo probably near this is going to happen after his abysmal performance before a senate committee last week and ahead of his appearance on the house side this week. they just took back about $41 million of his competition. so i don't want you to cry. he is still looking about a $150 million pay package at a minimum. still. the government got that started. i want you to think about that. i matter what you think of wells fargo who runs the place, and the government essentially faired back that paycheck. do you like that?
>> i am nicole petallides with their fox business brief. he knew nine janet yellen are chair of the fed. she is speaking including us. we do not need is to continue on their current course to gradually remove the combination with jimmy on today. they expect the employment rate to fall and the fed will raise those rates when they see appropriate in order to make that move. everybody's been waiting for a rate hike though the likelihood has been dropping for the month of december. the first rate hike we saw this last december and we haven't seen a rate hike in nearly a decade. we continue to watch that. in the meantime markets are
to be fair to you, they start pinpointing the cities worldwide they seem to be the most vulnerable to a bubble that could burst. i thought that for myself. that is treating real estate like a gambling table. london munich and hong kong, and key cities across the globe in the double digit and they can only be correct good by it bubble bursting. very lenient on now. if it seems too good to be true, it probably is. if there's stuff on a buffet line you've got issues. you don't think that's. in the cities, vancouver project really there and then some. should we worry?
>> i don't think we have to worry in our country. interest rates matter a lot to you and me and it matters a lot to people in the economy and the banks and so forth, but the average guy on the street, i mean the guy with the average job, average number of kids, average amount of income, the interest rates don't really matter that much to him. they are not the driving force whether he's going to go buy a house or not, whether it's going to borrow money to buy a car or not broken up a new credit card account. what matters to this guy if he lives in the house or he's got a promotion and now he can afford a little more. he's going to borrow that if he sees the interest rates up a point or down a point. >> here's where i flip it around
that you've got a save and take responsibility. a lot of people are looking for quick and easy money. not that real estate is returning to the days of mortgage. fears that it could as much as they did in those early days. before a lot of young people in particular that looks like a good, quake easy money make you an opportunity that will require much sweat equity. >> were as quick and easy rarely have much to do with long-term financial gain. they would buy property and seeing. i got burned a little bit. i think that played that game. remember, when you play a game and that is what this one is, there's a likelihood you may lose that game. they take a deep breath and
especially young people who are looking at good investments. there might be a better way to win long term than throwing money of real estate when that might not be the best place to put it right now. make sure that she is not the money but don't gamble when you might have a high risk of loose money. neil: always, thank you very much. good seeing you again. >> good to see you, neil. train to my personal favorite. for the title of loud declared after the publishing house. he wants to say grow up. elon musk they want to live a man on mars. forget before the decade is out, before the next six years are out. i think the same guys who have a problem lately with a exploding. you know what, so do we in this
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and start gathering the information you need to help you keep rolling with confidence. go long™. ♪ neil: well, we are sort of popping a silent treatment with the russians. john kerry is threatening to suspend all talks with issues as serious and whether vladimir putin has been dragging its feet, helping us to some refugee agreement that would avoid them getting bombed and killed in the process. both countries have to be in concert on this since it is both countries airspace that they are using here for their targeted attacks on what they believe are the real enemy. but apparently there's no word back yet for russia whether it's going to come back to the table. i think this is john kerry's way
of saying you don't, that is it. we are giving you the silent treatment. we will see how that goes. elon musk is -- in the next 10 years they have a lot of problems with the explosion because of its rackets. scott martin on commanding and disrupting but not of late for the law he's achieved. i know you're a young whippersnapper. the vanguard program in the early days of space. they were always coming in now, collapsing and exploding at the private lunch. we overcame that and ultimately did land a man on the moon. john kennedy was same tough like that and it seems silly. the best things we have on earth invention wise, trial and error.
sometimes unfortunately it's cost to human life. that's the great ring about elon musk. you have failures. tesla and solar city are losing money hand over fist. but you do have success as any do have a dream that tend to inspire others to create and do big things that i'm a big fan of his. neil: i'm not quite sure. a lot of people remind me of these corporate undertakings. it is not as if our government is indirectly involved. but that it would be a large commitment here and a very extensive commitment. i am wondering if you knew that. let's say an investor of tesla, things that he does, would it give you cause? >> i think it would. i think you're right about the cost. the demand to assenting you have to look at. i think back to the movie total
recall, the schwarzenegger version for she goes to mars. the women were certainly beautiful there. but ishere really a demand for people to go to mars? do people really want to go to the moon? a handful of folks do. they are not offering a frequent flyer program as far as i know. it actually excludes a lot of the population which are the customers you need to have. neil: but there a lot of people you'd like to send to mars. i mean, if you could volunteer them. >> i could think of one or two. i think so. neil: that reminds me, charlie gasparino will be joining us shortly. we don't want to send charlie to mars. were trying to think of the sun as a possibility. the very latest on candidates, each of whom far far away. the right down there in each other's faces.
neil: post the debate across the country up for the candidate, mcshane keeping track of all and why they are going matters a lot as well. >> and who is going to some extent. we've been so focused the last two days on this debate that we forget how close this race really is. particularly in the electoral college is at the moment, the great states behind me are all the battleground states which are still being fought over very, very hard. donald trump as he has the campaign trail has been talking about more money after the debate. hillary clinton quite confident that he ran the debate for the comment yesterday on the campaign trail is still calling in some of the biggest guns on the democratic party to campaign within for her to my trying to help her with women voters and young voters putting together what we recognize four years ago in eight years ago was the obama coalition. the president and neil mentioned
those radio interviews there yesterday and today will now be appearing over the next month in a number of campaign ads trained to help mrs. clinton directly in almost all of the battleground states. and then you would think after the clinton campaign the first lady, michelle obama making appearances in philadelphia is a very important state and how important suburban women are going to be in deciding this election. we know that the young voters know him. as they go back to the map from the the map come as soon as the map from the state of new hampshire is where bernie sanders is going to be appearing alongside hillary clinton today. when we were looki at this a month ago, new hampshire was colored in blue. we were assuming it was at least was at least when he blew. it is now a tossup state. each item went to that date and attract young voters. the obama campaign in pennsylvania hoping to put back together this coalition of 332 electoral votes and the
president last time around. pennsylvania, certainly florida a place where you can be helpful securing virginia, going out last to places like colorado and places president obama has won before. if you're able to put together a coalition like this, you're going to win easily where the races at this point mrs. clinton would settle for far less than that. you got to be be able to have a secure pennsylvania if your secretary quit right now. it's interesting we are having that conversation because two, three weeks ago pennsylvania with a nine-point state in the real clear politics of the polls. now it's under two. neil: that combination to assure states for the time being. connell: if you look at it that way, it is open to some debate. if you are going solid blue, you are around 200. maybe a little bit below it for secretary clinton were donald trump would need a little over 100 elect gore votes.
a number of states would be landing in one direction or the other. those are the ones that are solid for one candidate or another. neil: that's pretty much off. i'm just trying to do a solid report here. thank you, mr. chairman. everything old is new again. i think in the latest media development, charlie gasparino might be able to flesh out the details. >> to read something which controls most viacom and this giant media properties as we first reported a month ago they want to combine those two media companies essentially into one stock. the one flaw to doing that would be the guy who runs cbs and one of the two media companies. the guy who runs cbs is very powerful. he has -- the notion is that sherry redstone rumsfeld and company. has to convince to agree to
merge both viacom and cbs. viacom stock hasn't done well. here is that we have from a source close. he's always been on the fence. he would only consider a merger beneficial to the shareholders. he is still it appears holding out and not be -- not supporting this combination. we understand i have not as of right now despite the media reports that some letter delivered to him to say they would like to merge these two and has not received a letter from the redstone cited possible merger. they sound somewhat counterintuitive that in the sands boom does works with the redstone. they control thing. remember, he also controls a public company and if he comes out and says i don't like this thing, it is vital cbs and viacom which hasn't been doing well. a lot of aging properties. it's going to be hard to share
in redstone to force them to accept the merger. that is where we are right now. as of right now, still on the fence. that is not good if you want this merger to happen. trade to thank you, my friend. charlie gasparino. hillary clinton hitting donald trump over these remarks. the sin. >> in fact, donald was one of the people who rooted for the housing crisis. he said in 2006, g, i hope it does collapse because then i can go buy some and make some money. well, it did collapse. 9 million people lost their jobs. 5 million people lost their homes and $13 trillion in family wealth was wiped out. neil: to trump supporter who got hillary clinton supporter and julian melcher. ending with you, i've always
felt the business background could cut both ways for donald trump. one, we won a business person because they presumably would know how to extract the best field. but if he doesn't pay as contractors or use a rough business guy, we don't like that. how do you think this sorts out? >> i certainly think he got hammered on his business record and the last debate. a huge part of his struggle right now is to prove that he's a compassionate, likable guy. i think snide comments like that is just business for millions of americans were suffering did not help his cause. interestingly enough, hitting him on his business record got under his skin. he could not help himself from trying to portray himself as the most powerful businessmen in the world. that wasn't particularly likable either. >> we don't like a lot of business titans but there are business titans for a reason. one of the things i like to
raise with you is do you want really a nasty slb in that job if he is going to extract the best deals and has donald trump says, come under budget and demand the federal government with trillions at its disposal to start thinking and doing their thing. >> for once we might be able to get the nastiest slb to run this government and cut out the waste, cut down spending like we know donald trump can do. this guy earned $362 million in 2014. over the lifetime of the apprentice tier $213 million. he has created value -- economic value in jobs are the only thing hillary clinton ever created his influence the government, access to government and corruption. if we compare the two, police made by the value is there and he will stand by his record because he is not going to be shamed about his business expense. he will demonstrate how you can convert it to help government
and cut waste and cut spending. >> the nastiest as to be. that really resonates with voters on the fence. it's a business approach to government. neil: i hear you. what do you make of that? it's very easy to tell anyone even down to the animated features and even in a wonderful movie like it's a wonderful life. the villain is this greedy, awful banker. that's hard culture to be distrustful. is that fair? >> i agree with you about our culture and i also think democrats reached with mitt romney and the criticisms of him that he was using his father's money. trump is another level. politicians want to see if they can talk the talk and whether you find out your manufacturing with china on an h. two b. program or whether you're
engaged with text avoided, i am not sure telling your -- to do these things will help your country. >> it is still too early to tell. we will get a good sense of how people are feeling. still having a tough time in those polls. president obama thinks he knows why. >> i've been frustrated by the degree to which probably just because she's been around a long time, people just do not give her credit. part of that baby is because she's a woman. we have not elected a woman president before. >> when she was leading in the polls by 10 points among ago, did we not know she was a woman? >> yeah, this is a ridiculous statement he's making. hillary clinton has had a great week. it's not a great message to be sending the young women and girls who are watching to say if
you do poorly, it is because you are a woman. that is literally the message the president is standing right now and i don't think that's helpful. >> on the issue i'm not going to you because you're a guy. "the new york times" took trump to task for the way he constantly interrupted hillary. clearly implicit in that was because she was a woman and that's not the way you treat a woman. i don't know when they say in it's whether really think that way. i would think nothing of hillary clinton interrupted him whether he's a man or a woman. but what did you make of that argument? >> "the new york times" is cultivating the pc culture as usual. voters have suffered in this economy don't have time has donald trump has said for being politically correct. they don't care. they know on a personal level if they can people tell us that he shall risk. he's a genteel guy.
but when it comes to the policy and politics come it doesn't matter that she's a woman. he's going to take her to task for falsehood and lies and corruption and that's what he's trying to do. she is not critiqued because she's a woman. she's pretty big issue is a failed record if that's inconvenient truth to barack obama. if you look at the most recent fox news poll, i think we know why obama made that comment because in nevada, hillary clinton's lead with women is only six points. in ohio it is only three points. she's actually losing support among women. >> also driven by wanting to continue another term of its policies all reversed under donald trump and whether it was donald trump or donald trump, he wouldn't fight back. i do want to get your creek bottoms and other comments track made in the treatment of the beauty pageant. men and women have reacted disproportionately women react into this and were very offended. did he lose female support doing
that or have in the world get reminded of that? >> i think he did. i think what he was doing when he was talking about miss universe is what he did when he talked about carly fiorina. you don't have to be a brain surgeon to figure out he's treating this differently. i don't think i couldn't have been a problem being interesting in the debate. all she wants is to be treated equally. that's frankly all any woman want. this notion that we should be judged on our looks and not on her qualifications, that is a real problem. >> not that they're lending any. >> the clinton hypocrisy is so rich the clinton foundation has taken money from middle eastern conversations to suppress women. >> it would be a lot easier if he had not had a proven history of misogyny.
>> that is misogynistic. neil: i'm glad i brought up that last question otherwise we would've had a very respectful change of views. thank you all very, very much. if we offended anyone, he wasn't even part of this. if 9/11 over? it looks like it's going to happen today. approved in a sad they will vote in the house tomorrow i'm a little over an hour and half from now and then it's done. the first override of the veto from barack obama. go figure.
override president obama's 9/11 bill veto. peter barnes with the latest details. reporter: the house is up next to override the president of this 9/11 bill later this afternoon around 3:00 or so. the measure would allow to sue saudi arabia for its alleged ties to terrorists who carried out the 9/11 attacks. the bill is supported by many democrats as well. lawmakers think the family should have their day in court by eliminating so-called sovereign immunity claims by governments in u.s. in court. >> they are and asking for legislation that tips the scales in their favor. all they want is the opportunity to present their case and a court of law and that is what this legislation would give
those victims. >> i have confidence in the american jurisprudence system that we look at this right in order to restart the lawful acts of governments, but also to hold those who sponsor terrorism accountable under our system of justice. >> overriding the veto, blahnik as are discounting concerns that foreign governments could haul american citizens into court on charges of the saudi arabia will now sell its bond holdings in protest. >> real quick question on this. after that it is effectively law. reporter: gap. hold on. neil: thank you, my friend. peter barnes. secretary ash carter's famous though could be devastating. but as mike brown think of that. this will put u.s. interests
with a bull's-eye on it. would he think of that? >> there are protections built-in. we already have a program which allows that we agree and advance with the guidelines are going to be if we allow those troops in the country is. one of the reasons the president said he took troops out of iraq was because we did not have an agreement by the colic would respond where troops were accused of any problems within their cntou. that already is a possibility but we are to have protections placed in those areas where the troops are stationed today. neil: they are going to send more troops to the region regardless of this measure. are they any more danger than they would've been? >> we don't believe so. that is one of the reasons why a group of us, a very large group of us signed a letter to the sponsors of the legislation saying that if we do see problems developing we will not
be afraid to step in and we would ask for their assistance and not applying it if that be the case. we are prepared if there is a response that is not appropriate by some of our allies or there's misunderstanding that can clarify. we are in a position to do this even as early as the lame-duck section. >> there's no way to gauge this, but the saudi's made but the saudi's maid dress when this was first bandied about. one of them is that we might start sounding or at least stop by our treasury debt. are you worried about that. but they're looking at it economically. >> their diplomatic efforts or something we'll have to watch. at the same time, not in any way to attach the assets that they wouldn't otherwise be attachable. this does not in any way change the way an attachment can be
made. if they would've been found or if they think there's a possibility of as a separate issue and this bill it had nothing to do with that. in the meantime once again if there's issues in society spring up, which we can immediately modify the sections. at this stage of the game, this expansion of legislation regarding sovereign immunity is so limited in scope that i really don't think it's going to have that big of an impact. >> senator, thanks for taking the time. we can only conclude by the government going ahead and nodding on a big merger that the government does okay when it comes to any other pairing, no. so in figure one okay. soberly looking at the others not okay.
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>> first at-bat of the day in view, or stitch of his debut. driving one to left center and well. how about that? >> i'm cheering for my good friend and partner. that is typical tim tebow. why should anyone be surprised he hits a home run his first at-bat. neil: it probably was surprised. tim tebow hitting a home run in his first pitch at the first instructional league game. i am told this is just a step ahead of the miners. the bottom line, home run. go around to all the bases. good for him. good for him.
charles payne is happy about this. he and i were trying to figure out. >> i root for tim tebow all the way. i love him. i hope he goes all the way. neil: this was not like the professional mats. >> now, a little bit a ways from that. true to look at him. >> we won't do any player hating. neil: i am not a hater. this is a hate free broadcast. although it does seem like a virus outfield. i'm kidding. he didn't have an aluminum bat. let me ask you. this merger, that goes through so many others sort of lined up with plans of laguardia. >> this is the oddity with the obama administration which is so rigid when it comes to murders. neil:
>> you scratch your head in wonder, you let this go. you talk about of the human a $100 billion deal. and then you have an issue with staples and office depot. are you serious? he's got four in player sierra, at global domination. not just american, but global domination. in the meantime they felt that office depot and staples would have a monopoly. >> all but chose brick-and-mortar stores. that's not the only one that stopped. it stopped the halliburton baker hughes deal. the number two, number three thriller of the world. the number one thriller is a company making acquisitions every day. oil prices may be the obama if it is a shame for 120 to 40 bucks a barrel. we have closed down a thousand bricks. i just, you know, throw american business a bone.
at least the ones suffering. neil: what is the rationale? normally they would have undue influence. that was always the case with bankers out, whatever they are doing. we know in the fast changing world business, i just wonder, do they overthink it? >> within an ibm had a battle and they were so fixated a missed the microsoft said the world in the apples of the world. neil: behemoth in the making. >> a lot of people watching the show maybe have never heard of any mp supermarket. yet we know it here. you know at one point they were going to break them up? this is in the 40s or 50s. they controlled 70%. guess what, finally they said no
we won't do that and now they are down to 13 supermarkets. it would've just been a matter of time. >> office depot and staples are both struggling. halliburton baker hughes are struggling. again, they face an antiquated notion on brick-and-mortar stores, but the idea that they are not even looking at the global picture when it comes to these things. i've got it through in there. a guy named warren buffett involved. he's a big investor with a bazillion folks who made all these acquisitions in the first place. i kind of think that weight on this as well. warren zubov. we have to like it. in wells fargo, too. >> i haven't seen anything from this administration wells fargo. the result controls 46% of a
mark at and what this administration has said they did make sense of sessions on craft. i said give me a break. neil: we are not coming in the united states. thank you very much. he does make you think. didn't really have much to offer, but he does make you think. we are still following the spirit of running development overwhelmingly overrides the president of the united states 97-one. the only no vote on this 9/11 measure. also similarly overriding to become law despite what the president said would be a very dangerous thing. josh earnest now singing this would be the most embarrassing thing the senate has done in decades. i don't know josh earnest personally, but i can think of half a dozen more embarrassing things. but that is just me.
i think other forces at play. >> he's, a holy roller, tim tebow, so god willed that home run. neil: right, right. i would think you would be happy for him? >> i am. i am believer myself. neil: good. on to other things that won't get you in trouble, wells fargo. >> right. neil: you were on this when nobody was. now this guy, the ceo's -- >> john stumpf, right. neil: before the house. he had 41 million shaved from his pay package. the board did that. it obviously in response to all this, right? >> i'm going to give you a little insight. i spoke with say a high-ranking executive that works for major mutual fund company about this notion what happened at wells fargo. what happened was, people were able, workers were under high pressure to basically create, get as many, open as many checking accounts and credit card accounts as they could. so instead of doing it like old-fashioned way, like asking a person would you like a credit
card account, they created fake accounts in those peoples names. now when it all washed out, you know how many fake accounts occurred, there was a lot of them. thousands and thousands and thousands. when it came out to the money aspect of it, a lot of people create fake account, cancel it, they were doing it to show productivity. the numerical number of people, the number of people got ripped off very small a couple million dollars even though they paid 135 million. neil: cumulatively. >> i made this point to senior executive, five million dollars at most, right? why should stomach be blown out? why should anybody care about this? yes, five million, but the minute you go into somebody's account and create something in someone else's name that they didn't do, particularly at bank highly regulated it called fraud. it is almost criminal fraud. that is what the problem that john stumpf has. there was -- neil: he went so far to say he didn't know this was going on.
>> it is under his you watch and under watch of someone, a c suite executive he appointed or he supervised i believe. here's the thing, neil, if it is one dollar or $2, the fact so many things were created, that is illegality. you can not -- neil: his pleading ignorance going on, revenue maker, that this was a way -- >> only low numbers. not big frauds. neil: that doesn't matter? >> it doesn't. the minute you create an account in someone else's name, you steal someone, you break the sanctity of your customer relationship at a bank. neil: you're in deep doo-doo? >> that is fraud criminal. neil: who -- >> trying to convince. neil: you should be there. that would be cool. not getting kicked out. like the reverse tim tebow. >> i have dinner plans tonight here. neil: they have great restaurants in washington. >> tonight. i might be a little wait. neil: no ted's steakhouse.
>> after the operation could you eat tad's anymore? neil: now and then, with my doctor watching. quickly on this, he will still have 150 million -- >> he is incredibly rich. gets blown out. they have a contract with him. neil: does that trouble you a little bit, thanks to the government, the government got involved in pulling a guy's salary, that is setting pay in reverse way? >> listen, my view is this. if the guy violated the law like i told you, creating those accounts. neil: gotcha. >> if you're going to hold him criminally responsible, bring the case, pal. and then, i have a problem with the government passing judgment, forcing clawbacks. we should point out -- neil: for anyone in the government, talking about propriety of how to spend money. >> the board actually did the clawbacks, under pressure from the outcry. it is not quite the government here. the board is reacting --
neil: he had not appeared before the committee, got hue minimum eighted way it was, none of this would have happened. >> if he kicked their rear end like jamie dimon did, he got hit with pay, not clawbacks. neil: washington, great restaurants. i will fill you in. >> cafe milano. neil: red lobster up constitutional. >> i don't eid red lobster, particularly on the company's dime. neil: really the pursuit of healthier. it begins from the second we're born. because, healthier doesn't happen all by itself. it needs to be earned every day. using wellness to keep away illness. and believing a single life can be made better by millions of others. as a health services and innovation company optum powers modern healthcare by connecting
reporter: i'm adam shapiro live on the floor of the new york stock exchange with your fox business brief. take a look what is happening with the price of oil. it is volatile day for people trading oil. the price is actually up right now. you can see 1.2. we've seen fluctuations. it was down 2%. then went back up. part of this has to do with opec nations meeting in algiers. they're unable to come to agreement about cutting production. in fact it was learned that libya actually doubled its oil output. hopes of trying out a global glut of oil seems to be on the table right now and not going anywhere fast. the other issue was u.s. inventories of oil. they were up 1.88 million barrels when people were expecting a drop of close to 3 million barrels. that did not happen. distillate inventories fell 1.29 million. we'll have more right after this.
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recall that donald trump said, he was smart not to pay lot of those taxes. trump surrogate steve cortez joins us and a democratic strategist joe. i know what he was saying there. when you sit back and think about it, i'm the dupe who did. does he tick off the dupes, majority of taxpayers who did? >> right. no, i don't think so, neil. by the way this is media fixation and hillary clinton fixation. most americans i don't think care at you all about donald trump's taxes. they do care a ton about their own taxes. neil: well they care about that viewpoint, though, right? if he is saying that it is kind of smart what he did, then by kind of dumb what we're doing? >> well, no. we don't have to be dumb. we both can be smart. it is not binary. albert einstein we all agree it was pretty nice guy, he once said famously the hardest thing to understand in the world is the u.s. tax code. i think that is true. donald trump has been as smart
as you can be and smartest team around him to minimize his tax liabilities but that doesn't mean his liabilities hasn't been massive over years. when hillary says he hasn't paid taxes that is disingenuous. some years he taking investment losses probably he hasn't paid taxes. he pays every single year in many ways enormous taxes. neil: there are some years, we won't know. he is not releasing that. i'm not here to debate the wisdom of that but i am here to say, joe, point to raise with you, i think people, especially media does have a tough time understanding taxes and tax rates. mitt romney four years ago, that he paid taxes on all that money that he had and the lower rate was capital gains or dividend rate, that people didn't take even the time to understand and making romney look like he was a tax cheat, which he was not. >> well, the truth is, is that the average family out there that is making somewhere between 50 and 80 grand a year, they're
paying taxes every year. for some reason, donald trump because he is able to hire a good team of cpas can avoid all of it. that is the biggest problem here. average family out here who does pay taxes, neil, you said this, are we all stupid because we pay taxes? no, we're funding our country and our troops and funding veterans and funding schools. here is donald trump, if he does pay them, all he has got to do is release documents to show it. neil: think about what you're saying. >> this argument is over. neil: 47% eligible filers in this country don't pay any income taxes. doesn't mean they don't pay any taxes, sales tax, fica taxes. >> we're talking about lower income here though. neil: over the years, that has do you think in a system of ours, mr. trump included everyone, everyone should pay something? >> of course. yes, everyone should pay a little bit but there needs, this goes back to, if you look at donald trump's tax credits he wants to do for home care, he is recognizing the fact that there are lower income families out
there that aren't going to pay taxes because they get the credits back. so everyone at some point in time is paying their taxes. but when you're sitting on basically what is $188 million tax bill, based on income he claims he has every year and he is not paying that, i'm looking at my own going to file and there is no way i get out of it. neil: in a void where you don't have numbers. you don't know. >> his financial disclosures state his value each year is between 400 and $600 million. neil. tax liability is 188 million at low end. neil: i wanted to avoid that debate talk about the bigger debate where a lot of people don't pay any taxes in this country at all. a lot of people cleverly dodge them at upper end and people avoid them in the lower end and middle end. shouldn't it be incumbent on both candidates to say we got to fix this? and that gets back to debt. gets back to deficits. gets back to everyone has to put skin in the game, and do something to fix this? we get distracted on these other
issues. >> the tax code, the tax code is an absolute albatross right now upon the american people. it is far too complicated. tax rates are far too high. it is one. reasons, by the way, why this is the first president in american history who has never seen one year of 3% or better economic growth. that is the tragedy for americans. that four out of five u.s. households in the last decade seen their income go down. one of the reasons our tax code, it is suffocating and could fist canner to. neil: joe, final word. >> if taxes are too high, why are higher brackets of the tax code, why are they not paying their taxes? if they're not paying tax, no, their taxes are not too high. neil: you're assuming not paying tax. once again you're assuming not paying their taxes. >> you and i both stated at beginning ever this there are two groups not paying taxes, upper echelon get through with exemptions and donations in companies where they can hide their money and lower income where $10,000 hit to them --
neil: how many do you think are paying nothing on upper end? how many year in year out are not paying a single penny. >> give you a list. look at "buffett rule." he is stating that he pays less in taxes than his secretary. neil: in percentage terms. in percentage terms. you were rightly, rightly offended, you were rightly offended if i made a generality about that 47% paying nothing in income taxes as i would be going after you for saying that everyone of the upper end is similarly paying nothing. >> we get cpas, neil. neil: everyone should have skin in the game. that is all i'm saying. not everyone will pay the same rate but everyone should have skin in the game, right? okay, maybe not. thank you. >> everyone, neil, should enjoy an economy growing not at 1% but at 3, 4, and 5%. we're capable of that. neil: we should be happy tim tebow hit a home run today. let's focus on what is going on right.
>> nice to see you again, neil. . the microsoft cloud offers infinite scalability. the microsoft cloud helps our customers get up and running, anywhere in the planet. wherever there's a phone, you've got a bank, and we could never do that befo. the cloud gave us a single platform to reach across our entire organization. it helps us communicate better. we use the microsoft cloud's advanced analytics tools to track down cybercriminals. this cloud helps transform business. this is the microsoft cloud. now that fedex has helped us we could focus on bigger issues, like our passive aggressive environment. we're not passive aggressive. hey, hey, hey, there are no bad suggestions here... no matter how lame they are. well said, ann. i've always admired how you just say what's in your head, without thinking. very brave. good point ted. you're living proof that looks aren't everything. thank you. welcome. so, fedex helped simplify our e-commerce business and this is not a passive aggressive environment. i just wanted to say, you guys are doing a great job. what's that supposed to mean? fedex. helping small business simplify e-commerce.
>> jeff flock at chicago business network bureau, talking about blackberry calling uncle. meeting estimates on earnings, blackberry will get out. business of making those iconic phones, at least one-time iconic phones. look at worldwide market share. remember how popular blackberry was? president obama, oprah, everybody had a blackberry. back in 2009 market share, 20% worldwide. second quarter, 2016, market share, a 10:00 of 10th of a percent. android with 84%. apple with 14% and blackberry
with that aforementioned .1 of a percent. even the u.s. blackberry once totally dominated, android phones have taken it over, 573% of the share there. apple, 42%, blackberry less than 1%. they're now going to be a software company says blackberry. they have actually got a new device called blackberry radar and tracks truck motion around the country and loads and the rest. they will be in into software, hardware, somebody else will make that here on in. i still feel no, sir stallic about it, neil. neil: still thinking of prodigy. the giants of the day. no guarranties it will be all -- >> sears. neil: you're right. you're right. why are we commiserating like two old guys? >> because we're old. neil: thank you very much. in my day, in my day, if you had a problem, you would try to let the word out and act on it
immediately. a lot of folks are wondering in the case of yahoo! revealing that half a billion of its users, could have been hacked worldwide. what took you so long? cybersecurity expert stephen boyar what is behind that. it always seems to happen. we find out the case of target and all of that some years back, well after the fact. why is that? >> neil, pleasure to be here. often times very difficult, right to understand the exact timeline is a challenge. some of these attacks are very, very sophisticated. sometimes they evade detection for long periods. it is not uncommon for some of these attacks and times to last for years. sometimes hundreds of days. in this case it was a couple of years which is a long time but not always easy to detect. neil: what takes them so long, stephen? that it is widespread and safely conclude it is widespread or are they looking into themselves to try to solve it, beat it and then talk about it? >> well, real interesting to understand the timeline here.
a lot of people forget, back in 2012, yahoo! also disclosed about 450,000 accounts that had been breached. so many solve this goes back to then, we had to go back to 2014 where they believe that they had intrusion but they didn't understand just how broad it was. last month in august, they got some notifications that in the dark web there were people trying to sell accounts. that investigation led them to understand that it was much worse than they had originally ascertained. that is when they did a disclosure. neil: amazing. who knows what is happening now. we'll find out maybe years from now. stephen boyer. >> thank you, neil. neil: waiting for the house override of the 9/11 bill effectively becoming law only days after the president vetoed it. first time it ever happened for barack obama. happen spontaneously, so why pause to take a pill? or stop to find a bathroom?
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sanders, the man she vanquished for the democratic nomination, she obviously wants the passionate support that supporters gave him. michelle obama higher poll numbers than the president of the united states, higher poll numbers certainly than hillary clinton. but it helps to have powerful friends like that. all right. trish regan, take it away. >> break right now. a potential major win for the families of the 9/11 victims as the u.s. house of representatives as we speak debate whether or not to overturn president obama's veto of the bill allowing families to sue the saudi government for its alleged role in the attack. the senate just voted and they voted to overturn the president's veto. now it's in the house. i'm trish regan. welcome, everyone. this is the "the intelligence report." look at the debate on the floor of the house of representatives whether or not they should overturn the president's