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tv   Cavuto  FOX Business  January 14, 2014 11:00pm-12:01am EST

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hospital fighting for his life. lots of great cs. all of the stories to tell coming you way tomorrow on fox neil: next time a politician asked for more money, ask him what he astarte done with his money. as my four and would say, let's go to the videotape. he thinks that someone is absconding with a lot of that money. >> i think that's a little ridiculous. taxes are collected at the local and state level go for local and
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state roads. taxes that are collected for tolls go to maintain the toll roads. at $40 million, i am very proud. neil: get ready, welcome, everyone, maybe it was the way that he pitched in another tax hike that just made a snap. fixing the roads and briddes is only right. i said to the good secretary know, that is not right. not much you can fully account for the funds that we have already given you. local, federal, you name it. as you can see here, he can't. >> the highway trust fund is
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diminished. we wll be out of money. we need people to step up and provide some leadership and come up with the money. that is what we have always done in america. >> okay, ring a bell? is it is the exact same argument i had with the democratic senator who wanted to raise the gas tax even more from 18.4 cents now. >> so you are talking about doubling the gas tax and acting like it's no big deal? >> i didn't say itwas not a big deal. >> that americans want to know. how can you guarantee that? >> i just finished indicating to you that independent studies from business and e purposely
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don't have an idea. and i thank you for your time. neil: okay, i know some of you might find me very rude. listen up, pale, we need the money. so i'm going to ask you what i asked the good congressman and the good transportation secretary. to all of the other folks, the same issue. what happened to the money that we have given you already? kevin says the same thing. all he knows is that he pas a bundle in gas taxes and what is the deal? d alicia says i find your manner abrupt but i find nothing wrong with your wanting some simple answers. and i'm sure that it would be civil to find other examples of money being diverted to other
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projects. and you need not. you are right. we hope to give our hard earned money in our pockets. well good luck. the money is out there. the least maybe it is going toward its poster. the secretary is quite right to say we need fixtures. but i'm fixing to find out what is happening t the money that has arta been raised to fix things. including the $85 billion collected for fuel taxes each
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year just to do that. 212 billion bucks in total. the 9.8 million in property taxes and assessments or infrastructure spending. for 14.5 billion and the funding. $62 billion in washington supposedly earmarked for just the sort thing. roads and bridges. and i had to literally laugh out that in stmlus were supposedly ready for shovel ready construction projects. i saw some troubling but it wasn't there. not for bridges and not for roads. unaccounted and those pushing for moredough are unaccountable. it has to stop, my friends. because this is killing us. because we are the ones getting locked out of our own lockbox. when politicians replace the funds that thy stole and i
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happened when they promised that all the dough with good education. and we are still paying for the idiotic privilege. it ends as does the unaccounted gravy train ttonowhere funded by hard-working americans whose money is going nowhere. stop it and itemize it and detailing. and after all of that, pushing for still more funding. if we find hat you really are out of go, we will give you more dough. but not a penny more until you give us more than just your thoughts. we want answers and we want your numbers. we want your proof that this money isn't jt going to disappear. because after spending chileans in war and poverty, i'm asking and the american people are demanding that before you show the money, sho us what you have done with the money. it is that simple.
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and over to rick who was also feeling sick. because he was the head o a lot of folks. the former pennsylvania senator said it is not callous to question wre the money is going. and every time that i question about more funding for any host of an issue, it's the same answer that i get. you don't know w what's going o, bu i'm telling you that it is like you are heinous to even raise the issue. >> you mentioned two programs. one is infrastructure spending and the other is one poverty. and there are plenty of examples in just those two areas in a lot of areas of the government exists with adverse consequences and we look at the one poverty and the attempt to help in the harm that has been done to the american family and to communities as well where government has replaced moms and dads and community organizations
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and looking at the infrastructure spending. there's a lot of very interested initiatives going on at the state level. it forces them to spend money on maybe good things like bike paths and all of these other things that are really nice. but they are the bread-and-butter projects are really make the economy click and they are not things that should be dictated from washington dc. so on top of that the rules and regulations that washington has and how you have to spend the money, all of these things that just make it expensiie for the state and local governments to spend the dollars. >> a lot of the federal politicians have cited this and it turns out that it is a state run road with other costs within the state take care of them and usually do.
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but there is overlap here and no one knows who is in charge of building one. so there is that overlap in a confusing issue here. but there is also a lack of priority going on and you talked about the bike path and a bridge that was falling down. i would err on the sde of he bridge falling down. but no one seems to be policing a pecking order of projects here. and that worries me when a request for money. this is a state and local function. the reason the federal government got into the roads and bridges was to build an interstate system and something that i support. but it makes sense to have road race and connection for us to be a viable entity economically to have those kinds of networks. but really the bulk of the work must be done at the state and local level and that is where
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the taxes and increases come from. and so there is going to be more money ithould be with local projects in mind and the federal government should focus on one thing and that is o keep the major arteries of the interstate and thorough fairs open for commercial traffic and potential for military use. neil: republicans and democrats, why are they afraid to rein in on us, it could be anything from good money combat money in the war on poverty. to a number of other initiatives. >> wehave determined whether we care about something by how much we spend on it. and that is always the moniker
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here in washington dc. you don't care unless you're going to spend money. you mentioned one poverty is the best example that we have spending more money on things is simply wrong. there is a study done looking at e state of california and the state of texas in those states have very similar standpoints, most the same percentage in texas has a higher percentage of african-african- americans in california does. for every two people in poverty there are three in california. if you look at cost of living and not just income, but all th factors and it shows that spending all this money to help the poor doesn't really result in poor people but more cost government. it requires a higher cost of living.
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neil: i readily see it. i travel over these highways and bridges myself. and i readily see abuse going on in missing funds going on in countless federal wars on a variety of social ills. but have yet to see any improvement her i more or less say hold the phone and look at what we are spding. because right now we are repeating the same mistake and it won't make it any less of a mistake. have at it, call me anythg you want. and what is the difference between chris christie and the irs mess? well, theare using criminal prosecution threats against a new jersey governor. but the fbi nics and criminal charges in the face of lots of damage. talk about scandals.
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welme back. how is everything? there's nothing like being your own boss! and my customers are really liking your flat rate shipping. fedex one rate. really makes my life easier. maybe a promotion is in order. good news. i got a new title. and a raise? management couldn't make that happen. [ male announcer ] introducing fedex one rate. simple, flat rate shipping with the reliability of fedex. of the dusty basement at 06 35th street the old dining table at 25th and hoffman. ...and the little room above the strip mall f roble avenue. ♪ this magic momt it is the story of where every great idea begins. and of those o believed they had the power to do more.
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finally soone's recognizing me with unlimited rewards! meetings start at 11, cindy. [ male announcer get the spark business card from capital one. choose 2% cash back or double miles on every purchase, every d what's in your wallet? i need your timesheets, larry! neil: only chrishristie worked at the s. his life uld be a lot less
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taxing. even as his enemies were circling with even criminal charges based on nothing more than suspicion,he fbi apparently making it very clear that no such chrges are likely at the irs, even though they would seem to be pretty well based on a lot of facts. and the fact is that those tea party tax partners will get a criminal past. those who caused a traffic jam at work may not. that is a bit of a double standard. i'm not exonerating the governor are bashing the irs. but i'm saying that fair is fair. >> first of all it is outrageous that things happen in new jersey that disrupt common people's lives the way dead. so i'm not the least bit happy about the way it happened and i hope the governor is as outraged as the people in fort lee.
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and i also don't think that the federal government is being consistent with a catastrophe of governing and let the irs scandal go by. i just find it outrageous that the irs may be getting died by the justi department and i hope that they really looked at it. and instead they have an honest prosecutor who is paying attention. neil: i understand it and i wonder about the irs thing. we are to know that the woman who was put in charge was a big obama contributor. and they were clearly targeting conservative groups and tea party groups that were going on and that is more than just disrupting traffic by disrupting a lot of people's lives and staring them in the process. but leing that aside, how can
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anyone say that none of this seems to warrant any criminal type charges and how would you know? because a lot of those groups, no one has even talk to them even now. >> ithink the irs scandalis a much bigger scandal in the context o all americans and our constitution and the potential abuse of the ecutive branch of government. and it was his office. >> it is apples and oranges. >> if governor chris christie comes out and promises that we get to the bottom of this, we have yet to see this. and someone should pay for this. and we have yet to see it.
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>> governor chris christie demonstrated strong leadership and he held people accountable. president obama hs not called for changes within the irs so that it never happens again. i don't want future presidents o jeopardize what president obama's administration day. neil: anyway, it is always good to see you. thank you so much. >> thank you and it's good to be with you. neil: octomom. she could sure turn around. she could sure turn around. well, [ male announcer ] here's a question for you: is your tv powered by coal?
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neil: don't lok now, but octomom is looking bad. she's getting plenty of funds from esewhere. whether the goodhearted taxpayers are just shoveling out the cash. there seemso be a theme on the show tonight. anyway, many say calm down, octomom is an exception. she is the tip of the government gouging iceberg and you do need to know what you make of this? it's important to watch and where is this going? >> thank you for having me on the show.
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taxpayers a home should be absolutely upset in two parent households those that are living in poverty and the family right now, only 7.5% whereas it is dramatically high at 33.9% and that just goes to show you the numbers don't lie and the people that lose out are the low income children. 30,000 dollars, for doing heaven knows what i'm not angling to bring it up and i'm sure that you'll get to that later.
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>> have you seen the tape? >> it's absolutely horrendous. >> i don't know come i think it's probably based on your income. i don't know if she's able to get welfare and she had a doctor to put in more embryos than she should have. >> it raises a concern and i agree and this could be a very expensive exemption. and iwou think that wha the government is doing is creating
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a dependent class here. they want them because of these government assistance programs, if you are married you don't qualify for a subsidy. if you're working you don't qualif for a subsidy. so keep them in this permanent level. >> to say that she is the rule and not the exception, he is actually probably less than an exception. >> i don't even know. neil: people don't have to be the sharpest tools in the shed to take all the money.
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30,000 dollars versus the residualsfrom films. >> i filterable for her. she makes 30,000 dollars and yet she had six children prior to getting in vitro again and having a more children than she was already accepting welfare at that point in time time before she went during the show and had a more children. >> it is a reminder that we could play the system i. but we shall see. so what if i told y that this keeps up pretty [ male announcer ] this is the story of the little room over the pizza place on chestnut street e modest first floor bedroom in tallinn, estonia
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and the southbound bus barreli down i-95. ♪ this magic moment it is the story of where every great idea begins. and of those who believed they had thwer to do more. dell is honored to be part of some of the world's great stories. that began much the same way ours did in a little dorm room -- 2713. ♪ this magic moment ♪ ♪ this magic moment so i can reach ally bank 24/7, but there ar24/7.branches? i'm sorry, i'm just really reluctant to try new things. really? what's wrong with trying new things? look! mommy's new vacuum! (cat screech) you feel that in your muscles? i do... drink water. it's a long story. well, not having branches let's us give you great rates and service. i'd like that. a new way to bank. a better way to save. ally bank. your money needs an ally. [run your ente business with all-new intuitit.kbooks.
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neil: target shoppers and neiman marcus shoppers, government experts are right. all of the official mea culpa is is not cutting it. >> no, it's not. this is a serious problem and consumers have been severely affected. neil: i was told that some of
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them lasted anywhere from a couple of hours a couple of days. we have numerous reports that are much worse than not, particularly with some of these institutions like the credit union's tight organization and they have seven to 10 business days to get things right. so they had to contest the fraudulent charges and be without access to that money while the banking institutions investigate that. neil: target wasn't as forthcoming and that was pretty much the case when one a reporter was well after the fact. and so how do you deal with that and how are your clients feeling and will that be a factor that
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target like to point out the severity. >> absolutely. our complaint alleges that that is one of the things that targeted wrong. they did not notify consumers immediately. had they done that, a lot of the damage could have been prevented. and they could have taken some proactive measures and had their credit card replace and they could've been vigilant about activity on their account. and so yes they sat on the information way too long. neil: and now it's high time that the american people knew this and understood the
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implications. governor come i didn't even know they bear the cost of this even when it is not their fault when the banks are hearing this fromm tailers. why is that? >> i think it is a combination of law and the system involves not jut banks and ultimately retailers. the banks on the hook inmany instances with broader damages that come. neil: ar these affiliated cards and i don't know if there is such a thing. but the affiliatio is the one on the hook. >>f course it may be a bank in a certain case.
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and there is monitoring that occurs by credit card companies and banks stand behind these cards and expose themselves. >> i think you know more about this than i do, governor. that we have been very lucky with a lot of these breaches because is huge and massive as it is come, they have not resulted in 50 or 60 million americans having money drained from their account.
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our indury is advanced as any and we are viewed as the leader of the pack and we have work to do and you can construct some dramatic scenars where we are well beyond the targets an area which is concerning. both legislative and regulatory to advance the cause of cybersecurity protections and a couple of things are that we do need to be able and we are doing things to make sure that our physical bank robbery laws are squared off with the cyberlaws.
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>> i can't imagine that he had knowledge of the kinds of shenanigans that were going on with staff members decisions. and i can't imagine that he would encourage it knowingly or indirectly. and he is a strong leader and an ethical leader. >> but when they testify, are they going to want to respond in kind? >> if there are additional facts that come out, i suppose the analysis changes.
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but i don't believe that the additional facts will come out. neil: governor, thank you so much. we appreciate it. when it comes to keeping us safer, they really didn't do a darn thing
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neil: all of that data in all of that spine. all of that snooping and e-mail collecting and none of it got them needle moving. are you kidding? apparently the public policy group new america foundation says 225 people were recruited by al qaeda or othther terrorist groups incharge since 9/11
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attack. >> i am ticked for a couple of reasons. general keith alexander is the director of the nsa and he has been testifying under oath before congress that the they are spying on everybody. they have 52 terrorist plots and the next day, the day after his testimony, e said wasn't for the two but it was three and the committee said ellison three. and since then the federal judge found it unconstitutional. and the president's review board which also has two seasons of intelligence community professionals on it that said they didn't stop the nsa plots in the study that you are talking about review the
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transcripts of everyone that has pleaded guilty. every single one since 9/11 and there is no reference in there that the information came from nsa spying. so putting aside for the moment whether it's constitutional or lawful. what good is it if it hasn't stopped anything. >> in other words it bad guys know it's a possibility that we are watchg their e-mails or at listening in on their calls. they will be careful. >> edward snowden has done the government a favor because the bad guys wouldn't notice had they not been a whistleblower. and they will find another means neil: the nsa is raining again and they are going to cool it, but i don't believe it. >> the only way for them to rein it in his they mean what it ys
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and if it is something they are listening to, go and get warned about them or statutes written by congress that deny them the funds to do the massive spying and that's very expensive and making it eight criminal offense. >> the president gets to decide who gets prosecuted. my dad and it is the fidelity of the constitution that i questio. neil: that is a big deal with you. the constitution. >> yes, i am part of that.
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>> to focus on someing far more ominous. the tens of millions of americans now set to lose their health care because of the law and you heard me right. as a business owner, i'm constantly putting out fires. so i deserve a small business credit card with amazing rewards. with the spark ccard fromapital one, i get 2% cash back on ery purchase, every day. i break my back around here. finally soone's recognizing me with unlimited rewards! meetings start at 11, cindy. [ male announcer get the spark business card from capital one. choose 2% cash back or double miles on every purchase, every d. what's in your wallet? i need your timesheets, larry!
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neil: heavens to betsy. we love betty mccoy. things are about to go very wrong for this health care law. the woman has been right every step of the way and she says get ready for it the health care laws midflight correction.
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so that how many more in stand to lose their health care coverage. the current policies will be illegal. >> many of them will plan.
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the more certainty certain they were that they were going to drop coverage. neil: how they relate that? >> that is what people are beginning to hear right now. obamacare is a very rod deal. neil: are those companies obligated to transition you to something else? >> they can just cancel. neil: so what about the bailout of the insurers? >> that is the mitigating factor. it may be that many more young or healthy people do join the
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exchanges. by now the average employee pays $999 a year towards their group health plan and have a deductible of $1135. they're going to pay with after-tax dollars and the government says 2.2 million and those are the people that have picked a plan. but i don't own th because i neve paid for them. i just had the fun of picking
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him. neil: in the meantime, scarlett johansson, you may be very high. welcome back. how is everything? there's nothing like being your own boss! and my customers are really liking your flat rate shipping. fedex one rate. really makes my life easier. maybe a promotion is in order.
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good news. i got a newitle. and a raise? management couldn't make that happen. [ male announcer ] introducing fedex one rate. simple, flat rate shipping with the reliability of fedex. over the pizza place on chestnut street the modest first floor bedroom in tallinn, estonia and the southbound bus barreli down i-95. ♪ this magic moment it is the story of where every great idea begins. and of those who believed they had thpower to do more. dell is honored to be part of some of the world's great stories. that began much the same way ours did in a little dorm room -- 2713. ♪ this magic moment ♪
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open to innovation. open to ambition. open to boldids. that's why n york has a new plan -- dozens of tax free zones all across the state. move here, expand here, or start a new business here and pay no taxes for ten years... we're new york. if there's something that creates more jobs, and ows more businesses... we're open to it. start a tax-free business at startup-ny.com. [ male announcer ] wt kind of energy is so abundant, it can help provide the power for all th natural gas. ♪ more than ever before, america's electricity is generated by it.
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the irony is when it comes to hawking products, william shatner is in the ead. it is time for us to get to the bottom. has the black widow met her match? or has something been kind of lost? >> i get it. i think she is a good pick. and unfortunately there is an earnings warning. and after the weekend, the stock totaled 26%. nothing like winter shatner was for priceline.
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>> and full disclosure she got me in cat on a hot tin roof. so if we look at the company itself, it's got a business model that incorporates selling the machines and then selling the products. neil: you are like a mad scientist when they say that. >> once you get past that hump, we have a lot of competition coming in. i think the buness model is flawed and i love her, but i don't love soda stream. neil: speaking of william shatner, set your thermostat stunned. because there is a high-tech remote smoke detector monitor from google. out of the box and into you
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home. >> it will be the right temperature and they will be driven with google. and that would be ideal, and her husband as well. they didn't pay $3 billion for nothing. they have a 14 trillion dollar market over that last decade. in the entry s huge potential profits for google.
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neil: ra, what are you watching? >> well, we have inflation data coming out. we have the feds looking at thr economic conditions. and we will pay attention to those. >> the treasury has 2.8 or based upon what the economic projections are here for 2014. two and a half, that will give us a reasonably good market. >> we didn't have a strong
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economy st year. we hope that the onomy was getting stronger kennedy: how are you? i am just warning you. i have a pen. i am well armed to be a dictator because apparently that is hard to point out who is a bigger bully but two years before obama took the highest office he seems so levelheaded. the ether that permeates the oval office that turns them into brutes and chris christie has the good start in that direction according to his critics. and now to go back in his time to be straight with the people of benghazi? i wish i never heard the am

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