tv Your World With Neil Cavuto FOX News April 17, 2015 1:00pm-2:01pm PDT
today. when news breaks out, we'll break in. awful. terrible. what is it? after the -- after the bell, on fox business network, for in-depth analysis. >> is this the reason why air rage is mounding? airlines are putting the squeeze on passengers. welcome everybody. i want you to take a close look at something. this. this is your future. airbus is cramming an extra seat into each economy row. not the first class. the economy row where the seats are already as wide as like a dixie cup and it comes at a time that flight attendants say that passengers are already losing it. so first to trace gallagher. on the snore that triggered a roar. trace, what happened? >> reporter: they say the pen is mightier than the sword and now we know why. a southwest flight from chicago
to new hampshire was taxiing for takeup but a 67-year-old man had fallen asleep and was snoring really loudly. apparently the woman next to him didn't like it so she took her ballpoint pen and poked him, over and over and over. the man says it hurt. listen. >> imagine being asleep and then being stung by bees and waking up. >> she just went nuts and started stabbing with his pen. he screamed almost like a little girl. >> reporter: that was his best friend. he called the woman a psycho. other passengers thought lenny and the older lady were married and they were bickering, until lenny got biced. listen. >> i just heard the guy scream. they were sitting right in front of us, and i heard the guy yell out, and says she stabbed me. at first we thought, this little old lady didn't do that.
but she did. >> reporter: the plane went back to gate. the fire department showed up and the woman was escorted off. she wasn't arrested bit did take a different flight. as for lenny and his buddy, they stayed on the plane negotiate three inand ton -- gin and tonics and lenny dozed off again. >> the woman claimed she just kept dropping -- to her that it was kind of like nodding off into her arm, and i know it seemed like she was stabbing santa claus but that's what did it. that is that got out of control. do we know for sure? >> well, in his arm. his arm, he kept falling asleep and his arm kept hitting her, and and people said he was really snoring loudly and was in her space, so to speak so she hit him a couple times soft and then harder and harder and then a little harder. >> she gets any gust gifts this
criminal. i. right now to the squeeze that has a lot of passengers squawking. tighter seats, more rows less leg room. charles payne says it's all about the money, tracy gallagher, less than pleased. what do you make of this? >> well, i might surprise you with the statistic but i read a report that said that air rage incidents are actually down in 2014, even though we feel like simmering and people are frustrated from all of the things they're put through, flying these days the number of incident reported to the faa are actually down -- >> i don't buy it because i think people are too numb. they're too numb to realize. they're now so used it to. that's my theory. >> well, another theory by some of the flight crew i've spoken with is that the entertainment systems are so incredible these days on flights that passengers just kind of zone out, and don't
notice how uncomfortable it really is anymore, and that -- so the airlines feel like they can increasingly shrink the economy cabin by putting these -- >> i can't believe it. stuck in a prison skill and, hey, look at the view. charles? >> outrageous, maybe the stats say one thing but the planes are a tinderbox, ready to ignite at any moment. something hey been on a plane lately? a guy my size on a plane? >> they're making money on this to her opinion, and maybe because people are used to it or maybe because we have come to expect it, the experience won't be fun. >> i don't care about that. i know personally for me i am not the best flier as it is, so to be crammed on a flying like this i'll have more anxiety and i don't want to be more uncomfortable than i am. they say they have this agrees technology. i will recognize it as a passenger and i don't want tighter planes.
it's just -- >> well, the planes are full. right charles? >> we had a whole bunch of airlines, we shrink them down to four think park planes and pack them to the gills. it's a business model that works for them. doesn't work for the passengers. >> but tracy, to your point. the numbers bear you out. they are filling these planes and maybe because people have no other choice but i do think it hays faked people's moods. when you assume so little when you fly these days, and now this report, some tsa agents groping you. it's a little disconcerting. >> i also think too it's horrible. it's horrible. >> you don't sound too angry about it. >> well, i'm kind of realistic about it. i don't like being slammed together in 17-inch wide seats with a seat pitch of 28 inches now i'm hearing the latest planes have. i don't like it. the truth of the matter is, i'm excited to travel, and quite frankly, now you can go anywhere in the world with a near perfect
safety record -- >> you just arrive there numb. >> so. >> 17 inches wide. >> what about the mom with three children. i know what it's like to fly with kids. if you're crammed next to one of these crying babies for four or five, six hours or however long it's not going to be a fun flight nor you guys. so i think there has to be something where -- >> i think it's a preview to coming attractions. that's going to be the ruling this spring and summer travel season and you just get used it to. >> i've seen blueprints of folding chairs. i'm not joking. ultimately it's the customer. if an airline comes out that has nice wide seats and we don't want to pay for it we get what we pay for. >> absolutely. and the airlines do give you options. you have economy plus, no. -- i'm with you itch wouldn't pay -- >> economy plus, what do they give you? 18-inches? >> yes 18 inches. >> i don't know. guys issue wish we had more
time. messedly we don't. it's that sad and tragic. people reminding me that was not santa claus on the flight who was stabbed. i said he looked like him. dismissing the latest home-grown terrorist i want you to go back now, 20 years and remember this home-grown terror attack. think it can't happen again? it already has. i hate cleaning the gutters. have you touched the stuff? it's evil. and ladders... awwwwwww!!!!! they have all those warnings on them.
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home-grown terror really hitting home. this ohio man arraigned after training with isis fighters over there, and now charged with plotting an attack here. to fog's congratulate rein herridge with the latest. >> the 23 year suspect from ohio period a plea of not guilty in federal court today. what stands out in this 11-page indictment is the allegation that abdur mohammad was directed by isis to back to the united states and launch a terrorist
attack. even his lawyer did not directly dispute the core allegations that he traveled to syria in 2013 where his brother was already fighting alongside the al qaeda affiliate. then mow national got training learned to break into homes and use explosives. the indictment reads in part a cleric in the organization told mow mam mad he should return to the united states and carry out an act of terrorism. mohammad wanted to kill americans and specifically wanted to target armed forces. the defense is playing don't reports they believe the evidence is thin in the case but the prosecutor today hinting more charges may be coming beyond providing material support to a terrorist group. >> the rest of the facts will be adduced at trial, and we appreciate your help today. >> i never said it was a thin case. those words never came out of my mouth. we take these charges seriously. >> the republican chairman of the house homeland security committee said in a statement 40
u.s. residents have joined extremists in syria and are already back in our country. the obama administration must ramp up efforts to keep more americans from traveling to terrorist sanctuaries. this is the kind of home-grope terrorist case that the fbi directors and others have warned about for several years. >> don't take these home-grown threats lightly. the 20 years ago this sunday, 168 people were killed in the oklahoma city bombing. time flies. and they were killed by these guys, american guys though first homeland security chief, tom ridge, hope to threat that is very real. tom, people forget that before 9/11, before the attack on the uss cole we had a home, growner to attack in the u.s.a. so mall contents were there back then and you argue there are more of them now. >> neil i was grateful that the introduction to our session you mentioned the oklahoma city
bombing. radical -- violent radicals exist in many forms and some of them, like mcvey had a grudge against the country and i must assure you and your viewing public that on those daily meetings i had with president bush and the fbi director muller while the focus was on the jihadsists this country particularly thetip is aware of home-grown radical individuals in our country who have a different grievance against the government. so focus is on the jihadsists but they come in many forms. the whole notion of terrorists in our midst is something we take as a real threat and to the extent that they can deal with it, based on the knowledge they have the fbi is covering both those. home-grown terrorist with a grievance against the government but the jihaddists.
>> a lot of them will use novel killing means, a vehicle filled with fertilizer rammed into a building and in 9/11, terrorists using planes as weapons. i'm sure you had many a sleepless night, governor, dealing with the strange ways terrorists can find means to kill you. >> you know, neil i think the breadth of the potential terrorist attacks and the depth, the number of organizations have expanded. it's not just isil it's not al qaeda. there's a lot of wannabe organizations out there, boko haram, al nusra, we know the list of terrorist organizations has expanded. we know that there are 15 to thousands westerners and maybe as many as 1500 to 2,000 americans -- i think we talk about a culp hundred tread training with isil but whether you're trained by them, inspired
by al qaeda, at the end of the day -- one thing that the 9/11 commission said it was a failure of imagination. given the technology we have today your imagination doesn't have to go too far to appreciate and understand the capabilities these terrorists have to bring death horror and destruction to our community. >> what i worry about -- we have gotten into it before -- this notion that even the president of -- they're active and live and well in all 50 states. what do you look for to weeds them out or the anger and weed that out? has to be more than chatter. in the past we focused on foreign chatter, what we hear in correspondence or discussions, internet or otherwise, social media, between here and there. now, how do you flesh it out here? now the privacy groups say no, no, no go slow. >> i think again without divulging the means available to generate information about these terrorists at the disposal of our intelligence community and the fbi and others one of the
real challenges we have is to build a kind of relationship with the muslim leaders and muslim communities around the country. we're not asking them to spy on their friends and their neighbors and their loved ones, but they need to take a page from the book of the father, remember the terrorist who wanted to detonate the explosives over the skies of detroit. fortunately for the united states, the father was so troubled by his conduct and his travels that he alerted the united states, and unfortunately nobody told the department of homeland security so there are many means available to track these individuals but one other area that frankly i think we need to beef up is greating collaboration between law enforcement and the broader community leaders where a lot of these individuals now reside. they do reside in clusters and you have to believe that a lot of people in the community with this individual just arrested knew of his intent whispered or
voiced loudly, either with friends or perhaps in another form. so we need to engage them quite a bit more in this effort to identify those who would do us harm. >> a lot of their friends are nervous to do that because they figure he is a fairground, sounds kind of nutty but wouldn't pull it off. right? >> i think that's true. one of the challenges we have -- you mentioned the privacy concerns we have in a democracy. but again, this day and age one of the challenges we have to accept in this country and the broader global community the threat of global jihaddist terrorism may stay. we hear to err on the side of engaging this community not err but engage the community and if there's a suspicion, let us investigate. homeland security says if you see something say something. if you hear something you should tell somebody. and i suspect if you really had an opportunity to talk to the people around this individual that they arrested in ohio he
didn't keep his intentions intentions and his aspirations quiet. somebody necessary the community knew it. unfortunately i don't think they told the fbi and unfortunately re got -- fortunately we got him before he could execute the military, men and women in services, as he had planned. >> good points all. thank you. >> good talking to you. you think being in the lead early means you have the lead period? think again. lmost every day to deliver your mail so if you have any packages you want to return you should just give them to us since we're going to be here anyway it's kind of a no brainer
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we'll rifle through some polls that featured prior runway leaders that didn't quite pan out. what happened? is there a danger to being out front early on? >> well, if you get out front too early and scott walker is now way ahead in new hampshire compared to people that most would think are front runners. then everybody is going to target you. they're going to air ads against you, they're going to empty their opposition research folder. so that's all bad. although i have to say, neil, i'm sure that walker and his people are making hay while the sun sunshines because you can raise a lot of money while you are up in the polls. when you're up in the polls the cash register rings. >> we're showing people, as you were speaking, professor, who was leading at the time the n the poll w.h.o. was the party's nominee and we learn more often that nonthat early polls can give a false read and they often help raise money.
so if you're scott walker you're seizing on this. what if you're a chris christie someone in the back of the pack? what do you do? >> well you recite the old fable of the tortoise and the hare. the tortoise wins in the end. i don't know that's true in his case ump kind of doubt it. that's what you can sell to people. and look they all have strategies. it's fascinating in talking to them and their people as you do on your show, and if you talk to them either publicly or privately, they with you the most con veins scenario you every heard. every single one. >> but how -- >> unless they change the rules, there's only going to be one nominee, so 19 are wrong and one is right but it's tough to pick out the one right one this early in the game. >> you're pretty good at it. you have that many candidates in the race. how does it complicate things?
in other words, i remember last go-round with mitt romney they all had their 15 minutes -- more like 15 seconds of fame depending on the poll -- and we had alternating leaders in the polls. what decides this ultimately? mitt romney always had the money as the wind at his back and the organization to boot. will that decide it? >> well, that is a big piece of the puzzle and also endorsements. a lot of research has shown that endorsements by senior party officials actually do have an impact. i have to say that the republican base has changed. and certainly in a place like iowa, it will have less influence there. so you can have an upset winner in iowa. new hampshire loves to upset front runners and have done it many times. so this contest could go on for a while and you can have multiple winners. think of the debates, neil. this is going to be incredible. at least the ones that come
prior to the beginning of the caucuses and primaries. there are so many candidates they're going to have to have tiers tiers of podia on the stage. i i'm not sure how the make sure everybody gets enough time and i pity the people that have to organize those debates. >> it will make my job easy, professor, because the one we have probably two dozen in the race so just enough time to say hello and we'll say good night. i don't know. >> and they can't hurt themselves that way. >> no, no. although some have in the past. thank you very much. >> thank you, neil. >> now to the clinton campaign hillary clinton repeated -- reportedly s set to name a former wall street regulator 0 as her financial advisor. this is about the elizabeth warrens or that crowd? >> i don't think so. the guy that she appointed, gary gensler, the former head of -- i
will say, i know gary. decent guy, very smart. capable, executive. actually a capable regulator. i think -- >> isn't that idea gifts a regulator -- the impression a qusay -- quasi-policeman. >> he is a smart guy, very close ties to goldman sachs, as she goes out and bashes wall street. tell them -- tell lloyd tell larry fink at black rock, i'm not attacking you every day. i don't believe -- this is on the unofficial -- i don't believe in the stuff i'm saying. while i say it over here, i'm going to point some of your guys. guys that pass the smell test. gary gensler has the backdrop he worked in the obama administration as head of the commodity future trading commission. not like he was a key player the
dodd-frank -- >> but a that feeds the anywheretive she is tied and the left is going -- >> she needs them to raise her $2.5 billion. that's the tightrope she is playing and this is why this campaign -- she is not running against anybody, she is kind of running against herself weapon all know she is tied to these guys. thieves guys kept her employed -- these guys kept her employed while she was out of the white house. gold moan sachs gave her $400000 for 20 minutes of speak organize whatever. she is friends with lloyd and larry pink and pointed -- on black rock -- larry fink appointses on this board of directors cheryl mills, not a banking expert but a friend off hillary's so there's all keys connections between hillary clinton and wall street. >> plus they like her husband. they remember the good years. >> i think they -- yes, the like what he did. >> do the think she ring notice that. >> they like the fact he is more moderate than obama and they believe she at her core is more
moderate. but this tightrope is like no other we have seen in politics. >> maybe she figured this is enough to get the lefties off her? >> this is a salve for the wall street guys. we're appointing some of your guys. you'll have a say here, as she goes out and beats them up. that's what is going on here. >> in this point, in this picture, she gets someone who is a little bit of both. >> i really -- >> you're a hillary hater. >> i'm not. >> you're a very negative person. >> the best race we can hope for is a hillary clinton, jeb bush, or hillary clinton and scott walker, because they would be really smart policy people hammering it out. that's what i'd like to see. >> in that scenario wall street couldn't lose. >> less so milwaukeeer more jeb. they're all policy people and here's the thing i like -- the fascinating think about hillary
clinton's campaign as a reporter, the tightrope. it's going to be fascinating. how do you straighten out appoint think gary begins hers of the world three-quarters solving door, and the fact you have to beat up the fat cats on the other hand every day to apiece people like elizabeth warren. >> charlie, thank you very much. meantime, protesters hitting hard over immigration orders on hold. to the border agent who say, hold it right there. after this. tt8fq@q:)q1m-[f=/p2!a>l
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the world to actively uncover, discuss and debate investment opportunities. which leads to better decisions for our clients. it's a uniquely collaborative approach you won't find anywhere else. put our global active management expertise to work for you. mfs. there is no expertise without collaboration. protesters are urging a louisiana court to hit play over immigration plans on pause. casey stiegel has the details. >> reporter: this court hearing today lasted 30 minutes, longer than expected. slate two hours, each side arguing its case before a special panel of three judges at the fifth circuit court of appeals in new orleans. the lawyers for the department of justice asking the court to
allow president obama's controversial executive as on item move forward. in february, federal judge sided with texas and 25 other states who sued the federal government, prompting an injunction to place everything on hold. the coalition's argument is that allowing illegal immigrants to remain in the country and obtain work permits would put financial hardships on all 50 states. >> we have health costs, we have education costs, law enforcement costs. and then there's additional costs to the federal government because this is a benefits program for people who are not actually supposed to be here. >> reporter: check out this any video. hundreds of protesters outside the courthouse. people say the president's plan amounts to nothing more than amnesty and those who support immigration reform. even dozens of local governments like right here in dallas county, have filed paperwork with the court supporting the president. >> having people who are not
law-breakers, who are here in the community and have been here for some time, have some form of registration where they can feel comfortable and they won't be deported if they report a crime. that is a benefit to us law enforcement-wise. >> reporter: today was just a hearing. the court did not give any indication in terms of when a ruling would be issued. neil? >> let the president defer the deportations, this border patrol agent says get ready for more illegals to flood in chris good to have you back. i'm wondering what happens now? because it looks like everything is almost on this tragic automatic pilot. how do you stop it? >> well, you know, i think you continue as a country to keep advocating for people to come over here illegally. with our actions, and this is one of them, and as long as we continue to send that message, that it's okay to come here
illegally people will continue to come. >> my big worry is -- is that we obviously welcome legal immigrants coming through the system but since we don't deport even the criminals and that discussion about the 30,000 illegals of all types of criminal backgrounds were just out, we can't trace their, where, it's sort of seeds the argument we don't want to deport anyone even criminal. >> yes. exactly. we're continuing to allow people to come into the country and it's causing more and more to come over. our numbers are starting to slow with the women and children, and with something like this it is just going to allow these numbers to climb even higher. >> it begins with women and children, particularly children, teenagers a year ago now more signs of that. is that the modus operandi or
how it's done and then others follow suit? >> exactly. we started with the women and children, and then you have the family unit, you have unaccompanied the unaccompanied children and you have -- once you have that group, you also have people that are crossing and they have no intention of turning themselves in. >> amazing. i don't know. makes your job very tough. thank you very much. in the meantime, from our program to the front page of the "post." why the shock of seeing a "your world" regular should come as no surprise to "your world" regular viewers. oud music) this is the place. ♪ ♪ ♪ their beard salve is made from ♪ ♪ ♪ sustainable tea tree oil and kale... you, my friend, recognize when a trend has reached critical mass. yes, when others focus on one thing you see what's coming next. you see opportunity. that's what a type e* does.
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ghostbusters lawyer, and apparently i'm not alone because there he is on the front cover of the "new york post," defending a cardiologist accused of plotting to kill his competition. now, this cardiologist was he -- he sought you out? >> his people sought me out. i love the way you said confused. that's a little bit more than a fraudan slip because that is what this case boils down to. >> actually, can't read a prompter, but this is a pretty serious charge. right? i mean how did it come to be that he was trying to whack the competition. >> i have no idea. at this stage of the proceedings what i noes piece of paper that says in essence some guy told me that this is what happened. and i live my life based upon evidence. evidence that is admissible,
evidence that is relevant. so, i know of none of the evidence at this stage of the -- of what's going on here. >> a lot of times it's desperate cases seemingly lost cases they call you up and you get them out. what do you do? go through all the minutiae? i know nothing about this gentleman's guilt or innocence. >> i appreciate you say that because that is the most important thing of all. as we sit here right now my client is presumed innocent. he is innocent. and no press conference no mud-slinging, no just throwing stuff up against the wall and hoping it sticks, will change that. but what it does do, it prejudices him, and he is entitled to a fair and impartial jury. >> what makes you decide to take on cases like these? this looks like a tough one. >> i don't decide when i take a case based upon whether it's easy or it's hard. i'm a very very firm believer in that fundamental notion that everyone is entitled to a
defense. everyone is presumed innocent -- >> i don think you believe any of that. >> i believe every word of it. >> but you're such a good lawyer -- and i mean this -- >> thank you. >> -- you actually relish takings on case that look impossible. >> not so much i relish in it. i think i am fortunate enough to be able to look at a human being and say i'm not your judge. the only thing i am interested in knowing is what is the evidence. and i go where the evidence takes me. >> but you also are very good at making jurors or whatever, start doubting the evidence that supposedly was unassailable. so what do you look for? if the prosecutor says this is what we have on this guy how do you pick that apart? >> first of all you always work backwards. when you take on a case -- >> the exterior of my life. >> when you take on a case you're thinking about your closing argument. you're thinking, what am i going to say to those jurors? so to your point -- i appreciate and it it means a lot and being on with you -- i will
tell you has made me a much better lawyer because i have 15 20 seconds to make a point and i owe television that. here's the point. what is it with a juror -- it's simply a matter of making a connection, and if someone likes you, if someone trusts you, they will believe you, and then that rubs off and washes on to your client. so i look at a case and i simply look at the evidence and you know what? it's not always unassailable. >> you're like columbo. you pick apart things and scratch your head and say, you know? >> that's what life is all about. how many times have we look at something and thought we saw what we saw but didn't. how many times we thought we heard something and were wrong. even the joke about the time there's the wife who was acting secretly, having secret phone calls, disappearing whispering on the phone, and the husband thinks that she is having an affair. she is preparing his surprise
party. you just don't know. so i look at the evidence. and the evidence often times ain't what somebody says it is. >> thank you my friend, randy. the uber-lawyer, and boy, this proves it. while randy fights to keep his guy from going down, real estate developers keep building up, like in new york, miami, boston high rises are on the rise. but is it a sign we're getting ahead of ourselves. to giddy real estate agent thinks it could be. that's my worry. katrina. certainly a manhattan, miami former hot marks. are we doing it? >> i tend to think like you die. these highrises going on in miami, for instance, and downtown area or new york, and chicago and you thank, there's a lot of supply coming into the marketplace. but look at the numbers and our supply is still very low. which is why our prices continue
to go up, and construction starts are actually not at the levels they should be. and because of that home prices are becoming really too expensive and the rentals is getting very expensive for many people, and the vicki -- vacancy rates are low. i agree with your point the numbers actually state that we don't have enough supply. >> that's good to hear because i just wonder whether all these skyscrapers are -- are they ever going to fill them? >> always are -- also depends on the market miami and new york have a lot of international buyers bringing their money into the united states and they're paying cash, and whether they're using it for a few months out of the year or whether they're buying it for investment purposes and so forth. the good point here is that these developers are requiring 20% down. so, we are not going -- >> not all of them are. right? some -- i know the different --
fannie and freddie mac loans are going for as little as three percent down. do you worry we're getting a little trigger happy? >> on that point i was on with you last week, and i know that the government is trying to propose that we actually eliminate the three percent down on those loops, and i think that is an absolute mistake. you're already giving them the opportunity to buy a house with only three percent down, and now if you eliminate that then people will walk away if things get tough much quicker. >> three percent makes that much of a difference? >> if you have some money and some skin in the game you're not going to walk away. i if you have sear rove skin in the game -- and also, one thing that bothers me is that people in the middle to higher income brackets have to put 20% down and they're working really hard to be able to afford these homes, and then you're actually requiring even less than three
percent for somebody in the lower income bracket. doesn't seem fair to me but that another tommic. >> -- topic. >> thank you karina. >> did you see what happened to republican senator pat roberts as a hearing? the wants everyone to just let it go. do you think we will 0? the senator is next. >> as well as on the -- oh, come on. [laughter] >> just let it go. ♪ let it go. let it go. can't hold it back anymore. ♪ let it go, let it go, turn away ♪ the american dream is terrifying. american history is the history of the scary thing being the exact thing we have to do. cross that ocean. walk on that moon. fly. none of this makes rational sense.
it only makes american sense. here, the hard things show us who we are. leaving your job to start your own thing. having a kid, when you still feel like a kid. signing a 30-year mortgage on a home. scary sure, but no match for our colossal self belief. we're supposed to do scary. without scary, we don't get to be brave.
will muck it up. senator pat roberts, good to see you. do you think the president will get a clean messasure? >> he's going to get a bill. let me emphasize that one person's poison bill is probably another person's chocolate out of necessity. but the big thing is he had to monitor iran and make sure they were not exporting any terrorism. that would have been a big thing with his role but they took that out. >> now, a number of democrats are on board with this. if it doesn't meet muster with him, he would have a lot of ticked off democrats as well. this could get nasty, couldn't it? >> it could get nasty. we have the votes to overwrite and he knows this. i expect this to go on past june 30. that's the deadline. and we have -- i think we have six days to present it to congress.
we then have 30 to really take a hard look at it and then we vote it up or down. perhaps it won't come to that but right now he knows that we have the votes to override his veto. >> you're a good sport about this. i know you've been in the press with this phone call disruption. for those that didn't get that opportunity, here is that magnificent moment, senator. >> as well as on the geographic preferences. >> oh, come on. ♪ let it go let it go ♪ >> just let it go, mr. -- >> i think you handled that very well. my next question is why the theme from frozen? >> this is -- it's amazing what people do with regards to what the grandchildren want. and they had thought that my ring tones had been a little dull. so lilly and lorena and patrick
and charlie bear and good old miles, i changed it to "frozen" and said let it go, let it go. i do have another one from johnny cash "walk the line." when i work in the senate i'm walking the line. >> you apparently have some great grandkids. appreciate it. >> that's for sure. >> now we just have to let it go senator. a very bad day for the dow. why i'm telling you, let it go. ♪ hi, tom. how's the college visit? does it make the short list? yeah, i'm afraid so. it's okay. this is what we've been planning for. knowing our clients personally is why edward jones is the big company that doesn't act that way. sfx: clicking sounds so shiny. i know mommy but it's time to let the new kitchen get some sleep. if you want to choose wisely choose angie's list. you can get a finished project that you'll love. call, click or download the app for free today.
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people ship all kinds of things. but what if that thing is a few hundred thousand doses of flu vaccine. that need to be kept at 41 degrees. while being shipped to a country where it's 90 degrees. in the shade. sound hard? yeah. does that mean people in laos shouldn't get their vaccine? we didn't think so. from figuring it out to getting it done, we're here to help. news alert here is what the dow did today. it was down a lot. now here's why i don't mention it much. no offense. i really don't care -- don't get me wrong, i follow stocks i own stocks.
i just don't put much stock reading too much into any one day's move in stocks or stock market averages. maybe this chart illustrates my point. the dow over the last month we've had big up days big down days, yet for all of this we are essentially unchanged this year. in other words if you were to say at this point in the year that we'd be flat at this point in the year that's where we are at this point in the year. that is not to say that big swings don't warrant attention, i know this sounds sacrilegious for a nerd no less but i have endured my nearly two decades here at fox. i had a bigger head then, didn't i? even when i hosted a show called "market wrap," i rarely led with the markets at all. sure, when they were big days. but not at all on most days. the overwhelming number days i
believe then as i believe now that every tick can make you sick and what's more, it can make you nuts. by investing in companies that don't make money and never will. we never learn. that's why i'm focused on the short term. it gets them distracted from the long term. and i want to stress, stocks are a long game, not a short game and certainly not a quick game. in fact, investing shouldn't even be a game. like many times as i've said on this network and fox business network and other networks, stick to giving investments time. because let me show you the one chart that i think matters. one that i keep in my office to always keep this in perspective. the dow over the last sent tree from a distance you see the chart going up up up. get too close and you see those blips during meltdowns. but stepping back, you only see the big picture the important
picture that the trend is a long-term investors' friend. that doesn't mean that markets don't matter. just being patient about them matter much more. hello, everyone. i'm eric along with kimberly, juan dana and greg. it's 5:00 in new york city and this is "the five." so yesterday the house voted do repeal the estate tax. president obama threatened to veto that legislation and, as usual, is making hardworking americans the bad guys. >> they are also pushing a new $270 billion tax cut for the very wealthiest of the wealthiest. it would affect about 5,000 families all across america for $270 billion which is the