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tv   Cavuto  FOX Business  September 7, 2014 5:00am-6:01am EDT

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cannot stress over holiday shopping. of that is it for tonight on "the willis report" neil: welcome, everyone. do you know why the president's poll numbs are low? because he talks too long and he goes on and on. i don't mean to disparage him. i'm just telling you that he can solve a lot of his own problems if he just truncated it. the proof came tat today at a press report out in europe, addressing the timeline of nato's reaction toisis. start your watch is right now. >> let me start with the general point. there was unanimity over t last two days where isil poses a
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signifant threat to nato members area and. neil: i'm going to keep showing you this and you think that things are starting to get to t. >> we have a critical role to play in rolling back this savage organization hat is causing so much chaos in the region and is harming so many people. and there is great conviction that we have to ac aspart of the international community degrade and destroy isil, that was extremely ncouraging. >> that as an answer to one question, almost seven minutes. six minut and 53 seconds are you and that's a very long
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answer. and you must say that that is what presints do. but not all of them conduct press conferences like that. john kennedy and how he handled it as wll. >> can you describe your personal role and did you make any suggestions or metz no, i didn't. this is the defense department. >> is there anything to the reports that the postmaster general will be with replacement for the election campaign? >> no, no. >> are you able to tell us something. >> would be what you plan to do if you don't get a tax cut? >> iplan toget a tax cut, mr. morgan.
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neil: in a typical press conferen at last around 50 to 52 minutes, jfk would take upwards of, depending n the urgency of the ns, anywhere from 2842 questions. this president on average, seven to 12 questions. and i think that is the crux of the president's problems. he goes on and on. maybe it goes to this age, but the fact of the matter is that when you are going on and on, you se people's attention span. >> yes, well, he was the master of the press conference. sixty-four conferences in less than three years. he loved the jousting.
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he mastered the details. he used humor to disarm. neil: he also had no problem with a short answer. one thing that i nticed is how quick and to the point it wise and if you didn't have an answer, he would say yes or no or whatever and give a quick response and move on. >> meone once asked him if he would debate his opponent for the 1964 presidential campaign and he said yes, i would herriot someone said, did you know that they have voted you the worst president in american history in some cases, and he laughed and said i assumed the vote was unanimous and he moved to the next question. neil: another thing i notid, and maybe it's just me. president obama knows who he's going to call on so he would come there and they
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all seem to get their questions and. >> he called on so many of them. of course, he played favorites like all presidents do. but he really seemed to be enjoying himself and he did not act like he was in the dentist chair about to have a tooth pulled and i think he was havin done. >> a lot of presidents don't like that. but the presidents seem to know and enjoy the give and take and so what has changed and is this thing that has slowly morphed to ths. so what has changed? >> is partly kennedy's own persona nd style. he said he wanted to be a newspaper publisher when he left office and he had a lot of experience and i asn't all smoke and mirrors. he had been elected to congress
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and then the senate in 1952. he knew the federal budget and he knew how the government works and he showed that in his debate with nixon. and he had a great sense of fun about it. he loved being president just like ronald reagan. they loved every single day that they had in that office and they had a sense of joy about it. down to the last day in office for jfk, he loed that job and engaging people in the press and he had the confidence to do it. even though his answers were brief and concise, if you look at all press conferences, yo will see that most of the time he actually awered the question. he didn't dodge or change the subject. but he usually answer the questions directly. neil: and he wod just say no at times. you would think that kennedy, just as television was becoming
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influential, he argued that he got elected in the first place. that this president was no chump when it comes to appreciating the gravity of the media. you'd think you'd be all over it, but he is not. >> it comes down to personality and being cncerned with not taking risks. was the first president to do live televised conferences. he reveled in it. and here's another thing why work for him. he was not afraid to take responsibility. when he was at a press conference talking about the abysmal failure, kennedy could have said that it is the cia's fault or eisenhower's fault or the jnt chiefs is that but he said i don't want to get into details, it's not safe. but i will say this, victory has 100 fathers and orphans. i am the reponsible officer. essentially he's saying that i'm in charge and it is my fault. and his approval ratings went up because he admitted that.
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neil: that is true. leaving the blame game aside, i look at press conferences with a bit of an entertainment vibe. a young president coming after an old president, but he was up for the b and the rigors of the job. but properly used, a prss conference can be gold for you. can he does not deal with it? >> i don't think that he enjoys it. and it doesn't show a natural love the way that jfk dead and that is a personality issue and also presidents are so protective now that they give nonanswers. jfk cut right to the chase. if jfk wer here, he'd give a lot more answers.
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he said when a chimpanzee went to space, he said the chimpanzee says everything is perfect and well. neil: a fema reporters that were you doing for omen today, mr. president. and he thought for a second and he said sure not enough. neil: it was a way for him to zhan himself and still have fun with the subject at the same time. >> you could always laugh at himsf. neil: james swanson, thank you so much. it hit me today when i heard the presidents answer in what turned to be a little bit more than 13 or 14 minutes of an address to
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welllllllll, not when your travel rewards card makes it so hard to get a seat using your miles. that's their game. the flights you want are blacked out. or they ask for some ridiculous number of miles. honely, it's time to switch to the venture card from capital one. with venture, use your miles on any airline, any flight, any time. no blackout dates. and with every purchase, you'll earn unlimited double miles. from now on, no one's taking your seat away. what's in your wallet? neil: nancy isis is looking bad enough. but how about al qaeda. the last time we sought to terror groups getting stronger, i'll tell you. the joint german chief of staff in 9/11 commission confirmed after. i don't know what they promise,
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other benefits, more pay, i'm not sure what it is. that al qaeda is clearly alarmed. >> i think that these groups are mutations of one anotr and i think that we should just be aligned if they are still continuing this call for g5 and many women want to join it and sacrifice their lives in a ruthless way for a cause in the end that will not win nyone over. neil: why is al qaeda worried about the isis enrollment? it's kind of like, these guys aretealing our thuder. what? >> i don't know. it's hard to know that. al qda has been the preeminent, if you will, terrorist organization for a long time in terms of the ruthlessness and we saw that on 9/11. neil: w i more ruthless?
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>> well, al qaeda has at least 3000 victims that weall know very well in the united states. and so i think that, they are both probably equally ruthless. if they could get their hands on weapons of mass destruction, illogical, nuclear, they would certainly use them without any remors or hesitation at all. neil: do you get a sense that we are losing out with some of this. that everything seemedt be expressed in a matter of weeks if not longer. and what is your sense of this? >> my sense is that what we are ing currently in iraq and perhaps in syria is appropriate. but there's a longer-term issue and that is how you get people to not want too join jihad. that will take time to develop this with our friends and allies and partners and tt's a much
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loer term solution to this. but it can't be that the military keeps playing whack a mole with terrorists in thinking this is going to go away. because it's not. this is going on for decades and it will continuenless we have a more comprehensive strategy. i think we're doing what we should be, but itmay take time to develop this long-range strategy. i hope we lead with that and we have the focus to lead with that. neil: so someone talked about this at a threat level, and we have not as yet, a lot of folks are getting kind of answer yu. are we adequately preparin for god for bid? >> well, think what we know is that these groups do create havoc when they thought they were successful.
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9/11 is certainly one of those. we are much better postu today than we were on 9/11 to detect that. and so i think that our government will issue the approprie cautions when they know there's something to be worried about. neil: they always talk about more chatter and we have heard indications of more chatter, many times on anniversary date and it's something that comes with the change in the calendar. but obviously they are talking about how they can improve this, that it's already here. >> i think the fact that they surprised the world in iraq doesn't bode well for what we know about them now. the we are probably scrambling to get our intelligence together. bu again, we are much better
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posture today than we were in 2001. and so i would expect that we know a lot. maybe not everything. but it's one of these things where there are so many of them and we are a free society and things can happen. but i think we're much better postured and we just need to be cautious. neil: thank you very much, sir. okay, it is one thing when it's home depot, it's one thing when it is targeted and any number of companies that do business with the government. but it is quite another when it is the government and it doesn't is the government and it doesn't involve tens of thousands of
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neil: one of our favorite segments. what is the deal? a lot of you slipping insults when you are complimentingyou. carol says i love neil cavuto. and it gets even uglier. meanwhile, hot celebrities, home depot, and now hackers are hitting everyone, including the united states government, which would be you. to hoard shmidt who has seen this play out again and again. and nate bradley on the high cost of that protection. what is oing on, and why now? what happened there? >> that is the thing that we
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don't know right now. the big surprise is that it's taken six weeks from the time that they installed them out where to discovering this. and it was done by all accounts. smitty was actually looking at this where we have this technology where we do continuous monitoring and it's basically scanning the system, looking for more abilities to get them fixed. and this is just one more step of finding systems that are vulnerable and extorting them. neil: why is there a lag in which we find out that it happened a month ago, it happened six weeks ago. why is that? >> threat detection technology cost money. and in particular if you look at our government struggling with this, companies as large as home depot struggling, it's very
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naïve to think that you can overcome the hackers on their own. neil: what you do? >> you buy insurance and your budget and when you raise the money, you allocate the funds for this issue and you cannot do business in any large-scale on the interne or mobile without taking security s government can't police itself, how we going to be able to do it two. >> that is the point. the same but abilities that exist in the consumer worl and the small-business world that we were talking about, they exist in large enterprises like the government. and the government has had the technology to basically stomp these things down. it's not whack a mole. we have to start executing on the strategies and the plans and
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the security people that i talk to are so frustrated. there's always focus on something else and the security only pops up when somethg like this hapens red. neil: who is doing this? you and i were talking e is gsing that it happens so often that they almo seem like they are teaming up sometimes. >> there is certainly an increase in the values of our data as we move halth care and gay more services that are internet and mobile base. the value of is great. and this includes individual groups that can benefit and broker the data. individualorganizations that have a vested interest in us. neil: on of y and i have chatted with our.
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but the grand prize for terrorists in ran-sixes to zero out americans bank accounts. to have them discover that there's nothing in their account and nothing would stop this economy like that, and they know it. >> one of the things is they don't need the expertise. whether it's home depot or or target, whatever the environment is. the information gets publicized and is widely available so they don't need the expertise. they can see what others have done and duplicated and worst worst-case scenario that you and i have talked about, it could be a real situation as opposed to something theoretical. neilhollywood celebrities got involved, so that would make a big deal. >> absolutely. and it comes down to value of the data and hat has been monetized. it's unfortunate.
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>> a rule should be probably not to upload pictures of yourself in the nude? >> well, yes. but again, the responsibility for companies like ours is to provide security for consumers and customers. >> so if i wanted to upload this, you would protect me? >> in terms of proding that service, it's possible. i appreciate what you're saying. it is somethi down to the individual level and youill be held accountable right. neil: thank you both very muh. meanwhile, would you root for a team with this logo? with this particular logo? i didn't think so. one individual is using this
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neil: incredible. we have not had a correcon of even 10 percent in years. that's not healthy. and here is another. a record low number. now before the crash and what happened in october, and so few are bearish that the contrarian argument would be that is going to be a contrarian proble. this will live on. wary about the very, very few out there. >> well, it is sort of like
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this. one reason that the market has been goingup, a massive correction in 2011, about 22%. but it is going up because you have this political association between the politics of the world which are a total mess. i mean very soon there will name one eastern ukraine western russia and all ofa sudden obama's says don't worry about it. we have your back. neil: markets have always. >> the point is ther are these. so far mentioned. laughing off. they think it's and vulnerable. it is not. the company is going to earn $0.50. the stock comes in.
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if you reverse it nd you have 19 and 45 and one at 50 the stock comes in at 45. no reaction. right now everyone is betting on super high earnings. neil: of you not withstanding. this is not an obscenely rich market. >> i just looked at the data. there are a number of counter arguments. just using this data which was from institutional investors. the last time and was near this low on bearishness and august 09 and august 11 the market was up 12 and 15 percent respectively the next 12 months. you know, the other argument is everyone is bearish. the other popular survey kaj
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individual investors, we then have had the same bearishness since april and the market has been strong. neil: the hidden. they kept us going. that can't go on. >> cutting interest rates by a tenth of a point the difference between 04 and 05. there is no difference. there is one count in europe right now basically called germany. there's a country to the east of germany called russia. those two countries have an inordinate amount of powe. it is a question of when something happens in germany
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will not let you're gone. for whatever reason they have. neil: and he are whistling past the graveyard. markets tend to said disconnect from the war reasoner out in the moment, but only to the moment are am wrong? >> no. you're right. the market could fall at any time. you could always make that argument. we look back. i should have seen it. those were the signs. you know, you alwwys have to look at what the alternatives are. the fed at this point does not give any indication that it is going to start tightening. besides, where will people go with their money? they cannot put it under a mattress. we still have a little bit of inflation. they can throw it into bonds. you look at theearnings.
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neil: this goes on a while. price and always prepared. bn for the market to correct. the trend is up. >> the trend is definitely up but for the same reason. there is no place to put your money. neil: the least u could do -- >> i'm sorry. i'm srry, sir. sir, i'm sorry. i really am. for the same reasons you can say there is no place tput your money. that is a forecast of zero growth. how the german market. >> that argument, it's the same argument from six months ago.
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you get out then. that's a recipe for no growth. pretty good move on the market >> let me just point -- excuse me, if you made that aument, and a lot of people did, couple of miserable months. they were the guys a or euros. neil: very eloquently. i'm not so sure about the president on illegal immigration after the midterm election he could be looking at granting amnesty to millions of illegals pleaded is just a matter of jobs . my views on the subject. here is what that will produce. how about half a million more coming into the country as a result. e never sold a hou you, my friend are a masterf diversification. who would have thought three cheese lasagna would go with chocolate cake and ceviche?
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the same guy who thought that small caps and bond funds would go with a merging markets. it's a masterpiece. thanks. clearly you are type e. you made it phil. welcome home. now what's our strategy with the fondue? diversifying your portfolio? e*trade gives you the tools and resources to get it right. are you type e*? then you'll know how uncomfortable it can be. [ crickets chirping ] but didou know that the lack of saliva can also lead to tooth decay and bad breath?
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neil: what if i tell you it's
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no a matter of ifut when the president is going to announce a big delay. upwards of five versus million. it's not going to happen. granted prmanent status. hard to sa. this much is not, if he were to do that my next guest says look for that to emboldened illegal immigrants coming to america, maybe by a factor of half a million in short order. with the details on that, the center for immigration studies expert. explain why that would trigger more llegals. >> well, the current crisis we ha been experiencing in south texas is the best evidence yet that the combination of a talk of amnesty along with lax enforcement in the interior of the country inspire people to come here illegally. numbers because of that. neil: what does that mean?
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is it a difficult procedure? >>well, right now people are able to turn hemselves into the border patrol of the southwest border. it is not particularly difficult. it has done easier to get a visa . so word gets back. neil: to your point, tat is a legal process. right over the border. >> well, both are going out. about 30 to 40 percent of people who are living hereillegally now came in our legal visa. and there is very little enforcement, very little chance that tey would be targets for enforcement. the same is true of the people who came over the southwest border. they have seen that if you come as an unaccompanied juvenile or a family you are allowed to stay
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hereor at leas three years and potentially have access to a green card. they know that not only will they be welcomed and released in the country but even if they skip their hearing they have very little chance that they will be deported. neil: local authorities or police hand them over. it is a revolving door. but the way we're treating and now dot the illegals. yes, according to interviews that have been done by a border patrol intelligence, journalists and others peoe are telling us that they're coming because friends and family who are already here told them that nothing will happen to theand that they ll be released into the country.
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they have seen it happen to their friends and family. you basically have to have been convicted of a serious crime to be subject to to immigration enforcement. neil: no guarantee. very much appreciated. meanwhile, what i am about to say, something that will offend some of the right o the bat. let's go. why am i saying the name redskins? because that is the team's name. next to my find out who is going through groups not only to not say the team's name but to say the team's name but to replace thteam's logo with musical chairs. fun, right?
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welllllllll, not when your travel rewards card makes it so hard to get a seat using your miles. that's their game. the flights u want e blacked out. or they ask for some ridiculous number of miles. honestly, it's time to switch to the venture card from capital one. withenture, use your miles on any airline, any flight, any time. no blackout dates. and with every purchase, you'll earn unlimited double miles. from now on, no one's takiking your seat away. what's in your wallet?
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neil: i don't know, but i want you to do this. of what you -- i want you to see the hoops that not only the broadcasters but anyone associated using the term are redskins to whatever, but every time. i guarantee you about four minutes in the game you're going to be smashed. what do you think? >> you know what, the point i keep trying to drive home about this is the national survey did a survey of native american in
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2004 and found 90 percent were not offended by that term. neil: to be fair, that number has gone up. you are still right. it is the majority. it was changing. >> exactly. the same outrage brought on by the media causing this to happen now. everyone has to be offended by something. unfortunately by the left. neil: and other news network. there will not even use he term redskins because to them it is offensive. furthermore, newspaper will not use it. there will not use the team logo . what the make of that? not a problem for the washington post. maybe that's because it's silly and it will risk.
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what do you make of what's going on? >> they're just trying to it get attention and stir up controversy. 83 percent of redskins fans want to keep the name. that's a pretty high number. the washington area, washington d.c. is more than 50 percent african-american. people you would assume would be more sensitive to that are not. i'll live in new york, washington d.c. for nearly 30 yers. people love their team. very protective. admiration and love and they understand it. people don't -- neil: their will be some groups here that want to start protesting in boycotting those companies that are sponsoring or show.
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>> right. one of the key factors that makes this rightnow 2014 different is the existence of social media. while the polling shows that -- throughout the number, 80 percent of native americans polled said they are not offended, best buy is behind that. also now they have the power to talk back to the media and others. native america and we don't want you to use the name. neil: so there is great risk in perpetuating the name if you are doing it and more or less selling that group. fine by us. >> i think that for the first time in history they have that power. [inaudible conversations] neil: gvrnment trademarked names. unprecedented to use their redskin name and all. >> well, part of the problem
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with this discussion gerally flaming -- family and under that political correctness umbella, usually the victims of these kinds. theydon't havethe political power to say i don't want you to use that. native american people now have that power. >> i am the only one here talking who actually has native blood. [inaudible conversations] >> you are basically accusing people who are not -- [inaudible conversatis] [inaudible conversations] >> this is what these groups are doing, creating this average. [inaudible conversations] neil: you are arguing-- i know the environment. companies, any controversy. anyone who even as threatens
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board, we will broadcast. we will not advertise. >> that is exactly right. playing into this politically correct narrative. you hit the nail on the head. him. >> so offensive to me. te idea by talking. >> i would be outraged. >> is simiar none dad, i know i haven't said this often enough, but thank you. thank you mom for protecting my future. thank you for being my hero and my dad. military families are uniquely thankful for many things,
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stay one and what is the deal with minimum-wage? restaurants would like to have it raised. some are saying up to $15. it could make many out of business. it is the raids raise too much, many won't go. i certainly will. and let me get this straight, one person said, a person should get $15 an hour with less than service like i have? that's an excellent point. and another writes to us, it's almost like the country owes them something. roll up your sleeves and earn it. and carla says it'sntereing to see how many protesters are
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protesters. and many union contractor jobs are minimum-wage. and if others go up, others did it raises as well. and jan says, i agree, i can see ineasing the minimum wage, but doubling it and holdin the country hostage over it, forget about it. and forget the clueless clowns as well. and pepsi disagrees. tell me why somee who sits in corporate and corporate offices and does very little to contribute to my success of my restaurantshould make a six-figure income while i make $2.83 an hour. but maybe if the people at the top are and what they actually earned, maybe tha would be better. i'm assuming you're a waiter and you make tips to compensate,
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unless you are a horrible waiter. and second, be very careful demanding folks make the money yo think they deserve. for instance, tom brady, lebron jas, many couldn't agree with you, but let's just say that market forces do not. in a sense, hads in the competition for best college coach. market forces deciding whether someone is there sometng they are getting. in another e-mail suspect these folks are going overboard. a fast food restaurant is not a career job. this is where young people choose to work. if they raise the wage too hig, many will lose their jobs.
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nd mcdonald's doesn't have enough eloyees, they are left to raise wages. and there is that. and no onegoes into a fa food joint to work and says that this is where i want to spend the rest of my life. that is, unless they want to become the manager or ceo someday. so let's get real. and let's also get real about this whole redskins controversy, especially as we head to the opening weend of professional football. and i've not heard anyone complaining about red skin potatoes. maybe the football team should be called the washington redskins potatoes. now, that is a compromise. they should be called the maryland redskins. and another rights, why not do a princeton and call the the team formerly known. and how would u feel, you
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arrogant individl, if they call them [inaudible] well, how about welcome to the west of imus in the morning on the fox business network. in new york ty fox business network, good to have you with us as we line up some of the best interviews, light and laughs as we move through the hour. we're going to get started with meat loaf who dropped by to talk about the old days and everything up to the present day. meat loaf, fun and good talk about music with imus. that will start us off


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