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FOX Business
Sep 30, 2012 2:00am EDT
prescott privas in china, not okay. president obama's stimulus plan reportedly sending u.s. tax dollars to china is okay? is this another case of hypocrisy. we report. you decide. >> he's been talking tough on china. he says he's going to take the fight to them. he's going to go after these cheaters. i've got to admit, that message is the better -- is better than what he's actually done about thing. it sounds better than talking about all the years he spent profiting from companies that sent our jobs to china. >> david: president obama attacking governor romney over private investments in china, but what about sending taxpayers' dough, your money to china under his watch, like the $1.8 million stimulus money spent on this federal building that reportedly used solar panels from china, or more money from the stimulus that reportedly purchased wind turbines from china. mike, you say the definition of high accuracy. how so? >> president obama is being a huge hypocrite. he's taking taxpayer money, throwing it over to china, and criticizing romney for using private capital and investi
FOX Business
Dec 11, 2016 3:00am EST
china could be undermined by this issue flaring up. >> i don't want to undermine that progress, but someone here asked where was the outrage when our current president spoke with cuba's raul castro and when he reportedly spoke in secret with iran's leader rouhani. i'm david asman, welcome to "forbes on fox." let's go in focus to steve out mike ozanian, john tamny and others. steve, i can't help but hear all the progress we made with china, what about the progress with the south china sea business, with trades, et cetera. i don't think it was bad, do you? >> no, and in fact it was a brilliant move by the way liberals love to deal with our enemies that's why they say it's bad to be a enemy of the u.s., worse to be an eye lie of the u.s. in this case what trump did was absolutely fabulous, he made it clear we're going to defend our interests in the south china sea, cyber security, barring our companies from having full selling rights in china especially if they're cutting edge and appoints terry branstad the new ambassador to client who knows president xi of china. in effect what trump
FOX News
Feb 13, 2010 11:00am EST
spending and borrowing in washington, leading to a chinese takeover of america? this week china threatening to use america's debt as a weapon against us. we spent 3 1/2 trillion dollars since president obama took office and we owe the chinese almost $800 billion. is this reason enough for washington to stop spending now? hi, everybody, welcome to forbes on fox. let's go in focus with bill baldwin. elizabeth mcdonald and neil weinberg and mike, quinten and john. dr. john, let's start with you. you fear a chinese takeover of america? >> of course there is a risk of being taken over, at least economically. countries that spend too much money get taken over by countries that don't because the stock market fall, the income falls, and inflation goes up, the currency goes down, and basically the power shifts in the other end. by the way, it's $2 trillion of our securities they have. they're very worried about u.s. inflation and about the currency. that's why they're taking moves on their portfolio. >> so are you worried about a chinese takeover? >> no. because if china dumps all of its holdings, i
FOX News
Sep 29, 2012 11:00am EDT
, governor romney investing prescott privas in china, not okay. president obama's stimulus plan reportedly sending u.s. tax dollars to china is okay? is this another case of hypocrisy. we report. you decide. think you can't get great auto insurance coverage and a great rate? think again! mary switched to allstate, got an agent, and saved $326.00 on her car insurance. john switched, got an agent, and saved $263.00! drivers who switched to allstate saved an average of $375 a year on car insurance. and allstate will send you two bonus checks a year every year you stay accident free with our safe driving bonus. when i switched to allstate my savings amounted to $436 a year. when i switched from my old insurance company to allstate i saved over $800 a year. [ host ] call your local allstate agent now and get one hundred dollars off your deductible the day you sign up with deductible rewards, and another hundred off every year you don't have an accident. down to zero! you'll be dancing too! let the good hands people give you great protection and a great rate. call your local allstate agent now f
FOX Business
Oct 20, 2013 2:00am EDT
a listen. >> wow! that was just a commercial, of course, depicting china mocking us. now they really are mocking us in public with cartoons like this, depicting us as beggars. but are they the beggars? forbes on fox. ♪ ♪ >>> well, wouldn't you know it? china not waiting a nanosecond to mock us over the debt mess. the state news agency if china says, "a self-serving washington has abused its super power status, introduced us to even more chaos in to the world. such alarming days when the denies of others are in the hands of a hypocritical nation that has to be terminated and a new world order should be put in place." wow! tough stuff. rich, doesn't china actually need us more than we need them? >> china does need us more than we need them. they are an export-driven economy. they have been growing at nearly 10% a year for the last 20 years. now they are slowing to about 7%. they are terrified of the internal revolution. 75 p.c. of the chinese population has not really benefited from the 30-year miracle in china. and so, things are very intense internally. that was said for internal
FOX News
May 11, 2013 8:00am PDT
back. a man that we'll never see again. >> outstanding. >>> an american icon now made in china. general motors spending $1.3 billion to start producing cadillacs and new jobs in shanghai. this after getting $50 billion bailout bucks from u.s. taxpayers. gm saying it wants to stay competitive in china's growing luxury vehicle market, but critics say our bailout dollars were used to rev up american jobs, not jobs in china. so who's right? hi, everybody, welcome to "forbes on fox." let's go in focus with rich carlton, rick unger, elizabeth mcdonald. you're fired up about this. >> i am. what we're talking about is a politicized bailout. what's happening here is, you know, china gets the jobs but we're stuck with the taxpayers paid for vanity projects like the chevy volt and no jobs here. i'm all for gm building in china, i don't have a problem with that. this is a political bailout. they were not allowed to restructure and get toyota or a korean company to buy gm in a bankruptcy and make it even healthier to avoid having to do a bailout. they still owe us, by the way, $20 billion.
FOX Business
Oct 20, 2013 9:00am EDT
this? take a listen. >> wow! that was just a commercial, of course, depicting china mocking us. now they really are mocking us in public with cartoons like this, depicting us as beggars. but are they the beggars? thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. maestro of project management. baron of the build-out. you need a permit... to be this awesome. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. (aaron) purrrft. (vo) meee-ow, business pro. meee-ow. go national. go like a pro. afghanistan in 2009. on the u.s.s. saratoga in 1982. [ male announcer ] once it's earned, usaa auto insurance is often handed down from gen
FOX News
Oct 19, 2013 8:00am PDT
was just a commercial, of course, depicting china mocking us. now they really are mocking us in public with cartoons like this, depicting us as beggars. but are they the beggars? we'll debate it next. i got this. [thinking] is it that time? the son picks up the check? [thinking] i'm still working. he's retired. i hope he's saving. i hope he saved enough. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. whether you're just starting your 401(k) or you are ready for retirement, we'll help you get there. [ female announcer ] at 100 calories, not all food choices add up. some are giant. some not so giant. when managing your weight, bigger is always better. ♪ ho ho ho ♪ green giant go grab life by the gills. go take a road trip to a place with no roads. go to bass pro shops for great deals like $50 off these merrell waterproof hikers. plus, bring the kids this weekend, for a free photo in the pumpkin patch. (announcer) scottrade knows our and invest their own way. with scottrade's smart text, i can quickly
FOX News
Aug 4, 2012 8:00am PDT
warren is saying >> china invested 9 percent of the gdp in infrastructure. america we are at 2.4 percent. we can do better and build a strong economy and get people in massachusetts to work. >> former assistant to president obama is running for a senate seat in massachusetts saying we need to be more like china to juice up the american economy . is she right or wrong. we'll go in focus with steve forbes. with elizabeth and rick and steve and rick. >> steve, is china our economic model. >> no, thanks to elizabeth warren and her kind we don't have the money china is trying to catch up with us if we want to spend money on the private in42 structure and how about the highway trust fund instead of light rail let it go for highways. remove obstacles that she put in the way for. >> morgan, we don't have to look abroad to china, we have to get back to our old roots. >> she's not necessarily saying we need to spend nine percent of gdp. >> sounds like she said we have to be more like china. >> no, countless reports it doesn't matter if you are democrat and republican, our country is in a s
FOX Business
Sep 30, 2012 9:00am EDT
privas in china, not okay. president obama's stimulus plan reportedly sending u.s. tax dollars to china is okay? is this another case of hypocrisy. we report. you decide. hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. not quite knowing what the next phase was going to be, you know, because you been, you know, this is what you had been doing. you know, working, working, working, working, working, working. and now you're talking about, well you know, i won't be, and i get the chance to spend more time with my wife and my kids. it's my world. that's my world. ♪ so let's talk about coverage. based on this chart, who would you choose ? wow. you guys take a minute. zon, hands down. i'm going to show you guys another chart. pretty obvious. i don't think color matters. pretty obvious. what'sretty obvious about it ? that verizon has the coverage. verizon. verizon. we're going to go to another chart. it
FOX Business
Apr 16, 2017 3:00am EDT
presence in the region but stiffer economic sanctions and getting china to use trade pressure on its neighbor, the key to diffusing a dangerous situation was welcome to forbes on fox, let's find out when steve forbes, elizabeth mcdonald, bill baldwin, john and austin goolsby, is china the key here? >> if china were serious about sanctions they could choke off the north korean economy so well that kim couldn't get his hands on a cold beer. there is a lot of leakage and export controls, things could go wrong. >> of china plays serious and cut north korea off could we avoid a crisis? >> we vastly overstate the threat but assuming it is a threat, this is china's problem if north korea destabilizes the world that would have a negative impact on china's economy so the trump administration's response the china should deal with this, we should stay out of it. david:we saw some tweak diplomacy on the part of donald trump, he first tweeted north korea is looking for trouble if china decides to help, that would be great but if not, we will solve the problem without them and china got the messag
FOX News
Jun 4, 2011 11:00am EDT
, back to the subject at hand. is cokes china move a bad sign. >> coke going to china is a good market and here at home obama is taking the fizz out of free market and coke sees a flat future here. no wonder they are looking around the world. we have more socialism here and less in china. >> rich, that is an irony. china is acting more capitalist than we are. >> they have been for sometime. going back to president obama in the 2008, he would trade growth for social equity. we are not getting much goth. the opmist headline. coke goes to china and that is our big national companies like coca-cola and ibm and apple are doing so well on the stage. and we saw a dire trend take hold since 1999. 2. 9 workers. versus 2. four and that is according to the labor department . the work numbers come in poorly. and like we are playing the reagan film back wards. >> this good or bad news for america in >> i think it is good news. you can debate whether coke is a u.s. company. 80 percent of the sales are coming from outside of the u.s. . this is fundmentally about the stock . we should see the demand f
FOX Business
Oct 5, 2014 9:00am EDT
catching the world's attention. but if you think it's all about china, think again. how it could impact jobs right here in america. that's next. ♪"in the hall of the mountain king"♪ ♪ [beeping on the computer] peter come take a look at this. [beeping sounds are more rapid] [beeping sounds are even faster] mr. daniels? mr. daniels? look at this. what's this? the numbers they keep getting bigger and bigger. the clicks are off the charts. yeah the clicks are off the charts. yoshi, i'ts walt. we're back. yes sir! hi. [spoken in japanese] let's go! let's go! let's go! [spoken in japanese & english] i need more trucking. more shipping! more shipping! i need more trees! more trees? i'll get you more trees. hey! take a look at wood pulp. whoa. everything you got on wood pulp. right now! ♪ yeah! he really loves that thing. "hello. you can go ahead and "have a nice flight."re." ♪ music plays ♪ music plays traveling can feel like one big mystery. you're never quite sure what is coming your way. but when you've got an entire company who knows that the fewest cancellations and the most o
FOX News
Aug 21, 2010 11:00am EDT
the way. but first, is our stimulus feeding the dragon? as china knocks off japan as the world's number two economy, who worries our megastimulus money helped them do it? is that true? find out next. ♪ just one bite opens a world of delight... ♪ ♪ savor and explore, the great indoors ♪ ♪ friskies indoor delights. ♪ feed the senses. >>> from america's news headquarters, i'm juliet huddy. t a second farm is recalling its eggs. there is a possible salmonella outbreak linked to the eggs. at least 1300 people may have been sickened. it includes eggs sold in five brands in 14 states. to check if your eggs are safe, go to foxnews.com. we posted information on the eggs affected by the recall and information on salmonella. >>> the founder of website that leaked documents, is accused of rape in sweden. there is an arrest warrant for julian assange. he's the founder of wikileaks leak who posted classified documents about the afghan war. i'm juliet huddy. now back to "forbes on fox." [ chanting ] >> david: this week, china took out japan to become the second biggest economy in th
FOX News
Jan 22, 2011 11:00am EST
hour. but first, trump is ticked off. it's all about what china's leader got off visiting with president obama. donald tells you why you should be ticked, too. that's next. ring ring. progresso. oh yes hi. can you please put my grandma on the phone please? thanks. excuse me a sec. anotr person calling for her grandmother. she thinks it's her soup huh? i'm told she's in the garden picking herbs. she is so cute. okay i'll hold. she's holding. wha? (announcer) progresso. you gotta taste this soup. >>> hi, everyone. live from america's news headquarters, i'm jamie colby. congresswoman gabrielle giffords begins the next phase of her long road to recovery. this is a photo taken aboard the plane that was flying giffords from tucson to a hospital in houston. that facility, specializes in treating patients with severe head injury. the new team of doctors say they plan to start therapy immediately. she was shot in the head at close range. keith olbermann shocking viewers, announcing last night it was his last show. >> regardless, this is the last edition of "countdown." just under eight
FOX News
Sep 10, 2016 8:00am PDT
the snub. china does not roll out the customary red carpet staircase for the president forcing him to use the emergency exit. and donald trump doesn't waste a minute noticing it. >> you know, it's interesting with the president, because i saw that yesterday with the stairs. he went to asaudi aarerabia and top people didn't greet him. if that happened, he's there to pay respect to the country, not to him, but to pay respect to the country. i would say, thank you very much, close it up, boom, let's go back to washington. i would. >> so is trump right or wrong? hi, everybody. i'm david asman. let's find out when steven forbes, john tamney and bruce jackson, think. steve, what do you think? >> trump is right. what the chinese did is inexcusable. it was a slap in the face. one chinese official chuckled and said he had to leave the rear-end of the plane. so trump should have done what reagan did, if something is not right, walk away. but it shows the world is becoming more dangerous when the chinese treat that president like that. >> and bruce, it's this whole idea of soft did lo diploma
FOX Business
Sep 1, 2013 9:00am EDT
makes us safer, china is les likly to bomb us if we owe them money than if we don't owe them money. >> david: we spend a lot of money on defense. with jim imhoff says we don't have enough, i listen. >> he's right on long-term implication of what we do on the budget. not just the deficit or the level of the national debt, david. this president wants to draw down the military rather that build it up. ve a large budget on paper but it goes for personnel and things you don't see in other budgets. china is spending heavily, though it's not in the open. volatile areas of the world; particularly, in asia. focused on theiddle east. japan and china is heating up. i don't want china to feel nuclear arms because we can't defend them. >> david: contingency plans. if you start an action, even in a small place like syria that doesn't seem to you have to be prepared for what follows. world war i began with an isolated assassination in a country and it turned to world war. >> i can go alo with the idea there are dangers from the national debt. i have a hard time believing security is one. yesterda
FOX Business
Nov 8, 2015 7:00am EST
territory, seizing territory, land grabs. seizing real estate. russia is doing it, china. it is happening in the middle east with isis. it's happening in libya. it's happening in afghanistan. anti-american forces are grabbing territory. >> bruce says putin has a mandate. he made his own mandate. our president is mr. mom and putin is wrestling tigers. angela merkel had tough decisions where she had to be disciplined. >> when you can influence things like trade treaties for example. isn't it better for the economy than when you don't have that influence? >> oh, yeah. you don't have to be a powerful person. >> you can't get deals you like unless you are a powerful person. >> so obama -- i'm not defending him. he got us the trade pac from china. compare it to romney who ran against him who wanted to get tough on china. i think we have to get back to something important. reagan's favorite president was calvin coolidge who sat back and let real wealth create wealth. this stuff did you want work. >> we want a president of the united states that will be atop the list because of the libe
FOX Business
Apr 3, 2016 9:00am EDT
markets should work, and there is the china syndrome. anthony: do you think there is a recession on the horizon? >> you have to think about which indicators were flashing red. you saw it in the volatility and the equity market. there is a reason for the well-worn phrase. unless they are confirmed by the high frequency leading indicators, economic indicators, i think it was yet another false signal. even when the crescendo was greatest we didn't buy into the recession case. gary: should investors be concerned that what appears to have happened in march was the fed said we won't raise rates in the short term, we are going to keep steady. is that something we are becoming so accustomed to that it's a long-term problem? >> what we are in now is bca coined the phrase the fed policy loop. strengthen the dollar which leads to a blowout in credit spreads which leads to higher volatility in the equity market which has the effect of tightening financial conditions. we have been in and out of that loop since about a year ago where it suggested the fed was going to move in september, they tightened
FOX News
Aug 4, 2012 11:00am EDT
>> elizabeth warren is talking about raising taxes to cut the deficit one trillion. china is a bad example. it is a country littered with ghost towns and airports that sit no where near any of those tounce and 9 percent. really, china is spending 9 percent? they are fake numbers over there. it is like the peoples republic of enron. newt gingrich and mitt romney was for it shut down the buildings and get infrastructure and good spending. >> rick unger, should we be more or less like china? >> it is not about that. china companies off of a bridge. >> that's what elizabeth warren said. >> we are reacting to elizabeth warren. >> she's right we need infrastructure investment and you are agreeing with that. we don't think the government is doing that greatest a job. there is no getting around the fact that our infrastructure is falling apart. and will turn us in a third world counselries. would we not all agree we can't afford not to make an investment if we have business in the future. >> the question is whether we should become more like a third world country like china that is spendin
FOX News
Sep 24, 2011 8:00am PDT
your tax dollars paid for? now critics say g.m. is taking it to china. feeling cheated? i ate breakfast and got heartburn, third day this week. so i took my heartburn pill and some antacids. we're having mexican tonight, so another pill then? unless we eat later, then pill later? if i get a snack now, pill now? skip the snack, pill later... late dinner, pl w? aghh i've got heartburn in my head. [ male announcer ] stop the madness of treating frequent heartburn. it's simple with prilosec otc. one ll a day. twenty-four hos. zero heartburn. no heartburn in the first place. great. ♪ ooh baby, (what) can i do for you today? ♪ [ feme announcer ] need help keeping your digestive balance? align can help. only align has bifantis, a patented probiotic that naturally helps maintain your digestive balance. try align to help retain a balanced digestive syst. try the #1 gastroenterologist recommended probiotic. align. [ cellphone rings ] cut! [ monica ] i have a small part in a big movie. i thought we'd be on location for 3 days, it's been 3 weeks. so, i used my citi simplicity card to
FOX Business
Apr 17, 2016 7:00am EDT
, we get pictures of chinese fighter jets on one of those contested islands in the south china sea. the same islands they said they would not militarize. steve says this is more food to let our guard down and we need to get our military spending back up. right? >> absolutely. when the u.s. is weak, gets bad behavior around the world as we saw in the 1930s. reagan was right. strength begets peace and barack obama's seen as weak, so china's pushing, trying to divert attention from their domestic problems. putin's doing the same thing. divert attention from his domestic problems. by being aggressive against their neighbors. that's bad for the economy and bad for world peace. >> john, when we let our guard down, that's when our enemies start testing us and that's what's going on now. >> i don't think so. i'm not understanding this. let's face it. military spending is a tax just like any other government spending. it's not that we shouldn't have one, but should we be spending this much. what interest do we have in the south china sea. do we think if we don't flex our muscles there, they're g
FOX News
Oct 4, 2014 8:00am PDT
kong catching the world's attention. but if you think it's all about china, think again. how it could impact jobs right here in america. that's next. i'm not afraid. i can face my 3rd grade class trip. tying shoes, fixing pigtails, and chasing after them when their wonder turns to wander. hannah. new tena instadry. designed for those unexpected leaks with 864 tiny funnels to zip wetness away. and even when you twist not a drop escapes. (teacher) and i can stay perfectly dry. with tena, i'm not afraid. and you won't be either. call 1-877-get-tena. iit's a lot of haggling and itan stakes so long.ship. craig's experience is completely different than mine. yeah. yes, mike has used truecar. at truecar, we'll show you how much others paid for the car you want, and how much you should. because i used truecar there was no haggling about the price. they treated me so well, and it was just such a quick, easy experience. get your car, and get back to the life you love. welcome to the future of car-buying. dad,thank you mom for said this oftprotecting my future.you. thank you for being my hero an
FOX Business
Mar 9, 2014 9:00am EDT
tackle the problem now, when is the right time. with china and other developing countries coming online, everyone getting cars, this is going to get worse and worse. if you don't fix it now, there's not going to be an economy to sai. >> you bring up an interesting point. rich, what about the chinese? they are spending money. they're polluters. but they're spending money on trying to clean their pollution a little bit, right? >> yeah. hey, look, the rest of the world wants our kind of affluence. it's good for the ecology because it creates a middle class that becomes concerned about these things rather than fixated on simply trying to get enough food and water. i want to say something quickly about al gore. his side always claims science and then al gore throws out some ridiculous number. a hundred times? where did he pull that out of? >> and he's never called out on it. >> we do. >> we call him on it. >> i hear what rich is saying. the thing is this debate is getting so heated, it's like jumping into a pool of live hair dryers with these guys. you can't even disagree with anybody
FOX News
Aug 10, 2009 5:00am EDT
in 5700 hospitals? the issue here is that china and central banks around the world, whoa, we don't want to buy the u.s. treasuries arise. >> that is a good yes que there. folks on a full-blown revolution. they were ticked off because government services have been cut whef everywhere and now they are talking about bringing in the national guard. blame it on the stimulus plan. getwó i'm gregg jarrett, right now, back to forbes on fox. >>> this proves the stimulus package isn't working. >> jefferson county may have problems that no stimulus may solve. the stimulus is built on the thesis that you can create wealth by taking $787 billion out of people's pocketbooks and gifh it back to them but only to spend on politician causes. does that work? do you think that creates wealth? maybe not. look for example the cash for clunkers extension. this is a scheme to create wealth by smashing things. [ laughter ] >> does it work? let's gets a few facts up here. jefferson county spent money off the taxes that were illegal. the bond issues was downgraded and in a cash crisis. now, the republican g
FOX News
Nov 13, 2010 11:00am EST
a businessman, using our house to meet new clients in china. for reals, player? [ woman saks chinese ] they overheard a phone call. speaks chinese ] something about shipping with fedex to shanghai. and then you opened a bottle of champagne. that was for a science project. [ man and woman speaking chinese ] i'm late for..occer... rehearsal. [ man speaks chinese ] you and i are cool? i'll be home by curfew. [ male announcer ] we understand.® you need a partner who can help you go global. fedex. ♪ i was young and i was stupid ♪ i had just turned 17 ♪ a harmonica and a box guitar ♪ ♪ in a canvas-covered wagon stuffed... ♪ [ male announcer ] while the world's been waiting on the electric car, maybe the whole time, the electric car has been waiting for this... the wattstation from ge. it's going to change the way we get to where we all want to go. ♪ i didn't think much of it till i took it apart ♪ >>> hi, everyone, live from america's news headquarters, i'm jamie colby. trying to determine a winner in the alaska senate race, still. the ballot counting is expected to last t
FOX News
Nov 12, 2016 8:00am PST
. >> if you get from places like china and places. threatens that. you addressed this as advise or to the candidate. how much of that does he want to follow-up on or try to pivot on that a little bit. what is it? >> couple of things. first, neil, the fact that so many people who were thought to be experts on the markets in the weeks preceding this election said if donald trump won that we would see a collapse in the stock market. obviously we did on election night, but the last four, five days has been about the best period in the stock market we've seen in a long time. just as political pros got it wrong in terms of polls, they got it wrong about the outcome. a lot of stock market experts were wrong, too. i would say this, in addition to you talked about energy stocks that are going to do well under trump, especially the oil and gas and coal industry, i would add another one. i think manufacturing is a great buy now. we're going to see a real renaissance in american manufacturing again and we're going to start making things here in america partly because of the lower taxes. >> get
FOX News
Dec 17, 2016 8:00am PST
. good saturday morning. the united states and china are now reportedly negotiating over the return of a stolen american under water drone. this according to china's defense ministry, it was taken in the south china sea. the pentagon saying the ship was trying to retrieve two drones near the philippines when the chinese took them. it is used mostly to map the floor of the ocean. meanwhile we're also getting rea action from president-elect donald trump who tweeted this morning. china steals u.s. navy research drone in international waters, rips it out of the water and takes it to china in an unprecedented act. we'll see you at the top of the hour, now back to forbes on fox. >>> for the first time ever, our federal register, the official database that lists all our official rules and regulations has topped 90,000 pages, and those regulations reportedly costing us $740 billion since president obama took office. you say president-elect trump needs to do more than cut two rules for every new rule. >> i love that he's pushing a deregulation plan, but it's not going far enough. we cannot get
FOX Business
Aug 13, 2017 7:00am EDT
either. if the desire is more spending now, simple answer is this, tell china this is your problem, in turn for you taking care of what is your problem, we will remove troops from south korea that will save a lot of money and file it back in the military. >> i don't know. i believe history with underestimating the damage that tie reants do. >> steve mentioned after the fall of the berlin wall, same thing happened after world war i. elizabeth touched on something very, very important which is technology. >> thank you. >> i like to see a focus on technology and again, going back to ronald reagan with star wars and brilliant defense system, a lot of people laughed at that and mocking him at first but we got tremendous number of advancements and key negotiating point with the soviet union. >> bruce, one of our allies, takes advantage, it worked in certain cases, doesn't always work, it's not fail-proof but the fact that it does work it means it saves lives, right? >> certainly technology, that's the thing when we talk about throwing around the gdp percentages, how do we know that that's ev
FOX News
Jan 28, 2012 8:00am PST
. >> that's right. you talk about apple with 700,000 worker in china and versus and the demagogue president could go after that. president obama left out when steve yobs said you will be one-term president if you continue this anti-business kind of tiready and he told the president why is it easier to get in china to put a plant. do something about it. the president did nothing. a lot of democrats want a win fall profits tax. why not on apple? or intele? >> you know, bark obama is on to something good here. surtax on crony capitalism and banks would pay extra because they got a bail out. and the windmill and ethanoyl would have to pay extra. that leveling of the playing field can make since. and maybe the next time a mortgage company hires a cleasey excongresswoman to get credit they should pay a surtax. >> no one should get hand outs. the whole thing is nonsense. exxon mobile had a tax rate and higher than most did in the united states. they don't get more favors than other manufacturing companies. when you go to washington and pick winners and losers. i remember japan was the model we sho
FOX Business
Jan 27, 2013 2:00am EST
in from china. what might save the unions, the fact that the chinese are no longer willing to work on assembly line for safe wangs. in china factory jobs are paying better than office jobs . >> they are spending millions trying to win things they are losing. >> the governor from wisconsin, scott walker, they spent millions trying to defeat him and they lost. >> the purpose of unions is to get members more and have them do less. that runs counter to productivity. the only way economy grows is adding more people. unions run counter to that and why more people are against them. >> steve when they spend millions on issues they are losing, that is union dues money and doesn't fall out of the sky. >> yes, they are heavily in politics and union members don't have to pay for politicing and focusing on the bargains they don't pay the dues. it is overreach. >> are they toothless tigers. >> no, you have to keep an eye on this. the great state of california numbers are on the swing. they are coming from the latino community. one group of people that republicans are trying to become friends with.
FOX News
Mar 24, 2012 8:00am PDT
china, companies can build factories in china compared to the united states where regulation and unnecessary costs make it difficult for them . even steve jobs is saying to president obama make it easier to do business in the u.s.. >> it is an amazing thing coming from a guy who lived in a commune and walked around silicon valley bare foot. >> yes, exactly. and that message to obama is granted there are issues with the factories in china. we are all well away of them. they turned out to be bogus. it doesn't mean al of the issues are bogus. we can get the iphones and ipad. apple can go to the most efficient route for labor and create the devices in the cheapest way possible. that's why we have these devices. it is a testament that we allow companies to pull labor from all over the globe. >> apple has the huge cash hord e, 64 billion of that is outside of the united states. wouldn't it be better if the money was back here and all of the jobs they are creating overseas, they would be better to create it here. >> apple, i agree that the cost of doing business in the united states is
FOX Business
Jul 12, 2015 9:00am EDT
everything okay? >> we continue that. >> greece's debt china's market and the new york stock exchange with so much big -- you probably missed this. new explosive documents set to reveal that the irs was not the only arm of the federal government targeting conservative groups. the justice department and the fbi might have been conspireing with the irs to find ways to criminally prosecute those groups. some think this is more proof the administration was indeed targeting its political enemies. was it? hi everybody. i'm david. welcome to "forbes on fox." let's go in focus to find out -- rich sure looks like a conspiracy. what do you think? >> you know this thing just keeps inching along. much in the manner that watergate did. it really didn't begin to pick up major steam until 1973. late 1973. leading to finally nixon's resignation in 1974. there were 125 million pages of stuff that went from the irs to justice, including information on 113,000 tax returns. doesn't that bother you? >> we spent $20 million on this over three years, and it's largely been partisan and i think to ri
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