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tv   Cavuto  FOX Business  September 13, 2013 11:00pm-12:01am EDT

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to the finest comforts above. we're not simply saluting history... we're making it. neil: forget search and destroy. welcome, everyone, i am neil cavuto. it's a little biturprising that with all this dithering, damascus may be doing some deceiving. reports that the apartheid is hiding his own chemical weapons. and the staff that he is willing to hand over may not be that bad after all. it's a lot harder to prove. >> it's been very hard to do, so what do we do? >> well, we get this to the
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security council as the first step and see if it is a resolution and it wll depend on this. this will take not based but weeks to sort out. it comes to serious the goshen at the united nations. neil: so he would have time to hide that stuff or move it at the very least? >> obviously you are going to want to have an effective inspection regime which allows inspectors to go anywhere in the country. we will not give up our national means of intelligence, which allows us to collect information about what is going on there so that it we were other countries have information of that and we
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will make that available to the united nations. to my way of thinking, to get the process going, you have a good basic u.n. resolution in place, i think you have a chance to make this thing work. but there is no ubt that there are uncertainties and risks. neil: not the least of which is liabilities liabilities. now russia is brokering a deal that tries to get all of them compensated under the international watch. that would mean that the international players and whose boots with a be. >> it is not armed soldiers,
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these are civilian inspectors with presumably some kind of guarantee for their secuty. neil: do you really believe that? two i do not think you should underestimate the importance of the sheer matte saying that he is really number 12 assigned the chemical convention . i think we're missing the point which is that he wants to get something out of this and wants to sort of getting the system, he won't be able to try to get some guarantee from us and from others that we were stopped pursuing the regime change because in exchange for opening the country
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to inspections, he wants political durability and perhaps the russians would like to see that as well. neil: let's say that we get a lot of these weapons and he is still in power. vladimir putin looked good. the upshot would be that we didn't have to strike it, but he is still there, that stuff is still going on. >> it seems to me the meure of success will have two parts to it. especially without obliging some kind of political change in syria. i think that that is the challenge. neil: sir, it is a pleasure to have you.
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thank you so much for coming on the show. coming up, we have talked about how onn of this is working out. >> at some point it is not a strike after the use of chemical weapons. but the congress says that we are not going to go to war. i think it is part of that the president of the country were more journalists have been killed and more countries and i
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expect to see bashar al-assad get an award or that or something. mean, that's terrible. he wasn't trying to talk americans into it, he was talking to talk them out of it. he mentioned iraq and afghanistan like 10 or 12 times per that won't get anyone in a good mood. the regime change is the objective. and we have been very slow to respond, and as i said, you may say that there's not much they can be done about it, but i think there is. a substantial amount of moderate syrian opposition that will confront islamic radicalism if they come to power and they have the capability to do so. the president made this all about chemical weapons and in my mind yes, it was terrible and in violation of the international norms, but the big problem is
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bashar al-assad to kill people and use all chiller rate to kill others. and so now we have 100,000 people dead. particularly the opposition, al qaeda, will wonder whether or not we do something. so i think it's a very disturbing scen right now. and i very much worry about what the impact will be on national security. neil: you never want to stir up the hornets nast, right? you think getting involved will start up?
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>> we are going to not just or not, we are going to destroy the nast. they did all the way during the 1990s. and we kept that final because maybe they can do this or that. >> the next thing you know they attacked the pentagon and they were horrified. neil: no matter what we do whether we when we get involved in these things or not. you can wish about this, why can't we all get along or be agreeable. that some people have chosen to be disagreeable and wage war
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against the united states on what you make of the prompting of this tentative approach? >> americans are tired of war it's like we are tired of it all. harry out of office for standing up to the communists in north korea. does anyone think that that was a waste of money and the lives and it wasn't important for us to draw a line in the sand and drive the north koreans out? today it was popularand bck then it was fairly unpopular. we get tired of going to war. in the cold war many people wanted to get out of bed. neil: it is the middle east.
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what about the interest? >> well, it's the middle east, so there's a lot of interest. neil: neil: do we hook up to the wrong team? >> we don't always talkabout the wrong team. we know who has declared war on us. iran is on the side of bashar al-assad. vladimir putin is on the side of bashar al-assad. we know who the opposion days. there is no difficulty deciding if there's an enemy. the question is do we have the will and the resolve and i understand the. neil: if we topple this regime, don't we now know who's coming behind them? >> that is true, but we learned a lot from iraq and libya and we have learned in these things. this is a substantial revolution on and it is coming from people who said that we preferred this.
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we prefer to see it as a whole. neil: thank you for your insight. you know i don't quite know where you're coming from. [laughter] neil: you are a very articulate individual in this whole situation. anyway, i don't know what will end up doing, but i do know that we are doing nothing nothing on transferred and you should see how much it affects alan simpson. if there is anything that i know about that commission cochair today, you do not want to get him upset, you really do not.
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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 vesting billions... in everythinfrom the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. like carpools... polly wants to know if we can pick her up. yeah, we can make room. yeah. [ male announcer ] space. yes, we're loving this communal seating. it's great. [ male announcer ] the best thing to share? a data plan. at&t mobile share for business. one bucket of data for everyone on the plan, unlimited taland text on smart phones. now, everyone's in the spirit of sharing. hey, can i borrow your boat this weekend? no.
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[ male announcer ] share more. save more. at&t mobile share for business. ♪ neil: on the brink and no matter what they do the government is going to run out of dough. and some will find a way to extend our spending for another few weeks.
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the syria distraction is a sorry cover to the far more pressing financial problems that we face here. the good senator joins me on the phone. >> hello, i here in wyoming trying to ward off the rams. in boulder, colorado, they are just getting swept away. nobody has ever seen that kind of thing in this area of the wld. >> one thing about it is that the deficit is reduced and i would say that's a great thing. erskine bowles would say that's a great thing. but that is not the point.
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the point is what are you going to do with these two great drivers of the system. forget all the negatives of obamacare. just call it health care. it is impossible that we spend this. neil: you are saying with or without this health care law, we are still facing big budgetary constraints. >> yes, and the solvency of social security when the trustees are tellng us in 2033, but we will get a check for 25% less. then to think all during august when they have a recessed, nobody even talk to anybody about this. and now they have syria on their minds and it will stay on their minds because they are so suspicious with the russians. so here we are.
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neil: congress appropriated the funds and i understand that. one of the arguments in this back-and-forth is what they should worry about. the deficit funds are coming down, revenues are coming in. you know, the deficits arehalf of what they were. >> i don't worry about a thing, i maybe two years old. i just worry about my grandchildren and my children. these guys are going to be with something that will drive them right to the ground.
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you can't tax your way out of this baby and you can't grow your way out. neil: radically changing if anything, syria -- the best it does with this situation is prevent a government shutdown because in the midst of what could be threatening hostilities, why would anyone want to shut the government down, why would anyone want to cut military spending and we are getting into serious fights on these fiscal matte. >> i think it can shut down the government and i've never seen
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such a nasty bunch of people in my life. the social security checks and the veterans tax and shutting down the government but i think it's doubled as the little guy. neil: is not something that we always are able to avoid. so you're saying we should avoid this.
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>> yes, what a task he has with at least 40 or 50 or 60 or 70 guys that, well, i am a republican, but they think i'm a commie. neil: well, you are come unto? [applause] >> well, i dropped that. i was once at the aclu, but nobody knows that. neil: now with the aarp. >> that's right, now i'm an honorary member. [laughter] neil: thank you so much, alan simpson. it's such a pleasure to talk to you. the president's plan to negotiate a deal with democrats, we will be getting into that. coming up next, something scary about this health care law ♪ nascar is about excitement. but tracking all the action and hearing everything from our marketing partners,
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the media and millions of fans on social media can be a challenge. that's why we partnered with hp to build the new nascar fan and media engagement center. hp's technology helps us turn millions of tweets, posts and stories into real-time business insights that help nascar win with our fans. she took an early spring break thanks to her double miles from the capital one venture card. now what was mrs. davis teaching? spelling. that's not a subject, right? i mean, spell check. that's a program. algebra. okay. persons a and b are flying to the bahamas. how fast will they gethere? don't you need distance, rate and... no, all it takes is double miles. [ all ] whoa. yeah. [ male announcer ] get away fast with unlimited double miles from the capital one venture card. you're the world's best teacher. this is so unexpected. what's in your wallet?
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neil: good at not just acu to new jersey? pulling out of the state health care and for lots of folks in the garden garden state, not a lot of time to switch insurance. adding to that, more hospital layouts because one big employer says that it doesn't have the cash on access as we have a health care disaster unfolding and adam lashinsky says we have another bump in the road. what do you make of this? >> cigna and united are dropping out of markets. it is very similar to what happened with financial markets and they were dropping these practices and you see this come out of the market.
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you are losing competition because people are starting to drop out out of the business and the fallacy that you will get to keep your insurance is not going to be true. because certain entrances is dropping out of markets and i think that this is bad for the insurance and obamacare overall. >> anything is a concern. they are purchasing in the new jersey exchange, aetna is not pulling out of new jersey. they are ensuring people in new jersey, not just through these random strangers. probably know, maybe a year from no they will come back when it's up and running and successful. neil: maybe so. hope springs eternal.
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that has been raised in california in regards to the same. but i'm wondering if there's something more sinister going on here. >> there were so much il will created that so many things need to be fixed and now you are turning to the guys at the moment to begin with, saying please help us fix the system and the system is not in place. you will get these factors that will become worse.
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>> a couple of observations. the insurance companies were more supportive than most and they saw this as an opportunity. many see it as an opportunity. to your specific point, you know, i understand the point you're making. many people and democrats wanted a single-payer system. >> i think that that was the goal and they shelved it. but i wonder if they would keep this going and that in that this would be the foldout of events. and that we would go with this. >> we are saying that t whole thing has to completely filtered that we should be clear that this is not what is on theable right now in the government doesn't have this exchanges.
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the government is authorizing these exchanges and it is private insurance companies in exchanges. >> okay, for now. adam, always a pleasure, my friend. it is good to see you here in the united states. >> i came all the way to see you. neil: meanwhile, do you see these two guys? one of them is going to be new york's next mayor and i know what you folks outside new york are saying. 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.
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tempur-pedic. the most highly recommended bed in america. now sleep cooler with extra cooling comfort on our bestselling tempur-breeze beds. visit to learn more, and find a retailer near you. neil: you know, i have heard a lot of experts say that republican mayoral candidate is dreaming. then again, they said the same thing about michael bloomberg when he was a republican. before him, there was rudy giuliani. so republicans to win in this overwhelmingly democratic town and he is trying to prove his opponents progressive and that
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the plans of bill de blasio are very much there. and he is speaking with us. >> that's right, my opponent on the republican side and primary side spent probably $10 million bashing me all over the place. neil: what happens now, mayor? i mean, we are kind of used to rui giuliani and michael bloomberg and others and some work war conservatives were conservatives that you have to be very pragmatic way.
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but that is a tough battle because you have to overcome a huge democratic base. how'd he do that? >> you do that by talking to the people and i, too, am a fiscal conservative and i am quite progressive when it comes to issues. i'm a little bit different in what is really important is to talk to the people of the city and make them understand what your vision is. i would really like to change many aspects of the city and we mes to core questions.r the 21st whoever my opponent and his and who i am. neil: we have all of these open union contracts. and the present mayor has said that we should more or less
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subtle. are you trying to be tough on the union's? >> they're going to say that i'm tough. i represent the city of new york. they want to be paid for the work that they did five years ago, we heard that it would cost between seven and $8 billion. neil: that's not going to have been. >> that is not going to happen, i will not raise taxes for that. and prices are going up r everything and they haven't had an increase in their base pay. i have no problem with that so
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it is that die. it could be that dire. all elections have consequences. we have seen some that are detroit like in many ways, the desire to pick up the police department with stop, question, and frist.. neil: he also wants to go back to the brokerage houses and banks. >> is using the word that it's a tale of two cities. there are different ways of saying it. they are dividing and
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conquering. they started clas warfare in the city and the most recent commercial said that those people who ve on park avenue -- there is no reason so how are you going to diversify the economy and our education is in severe need of reform. it was the budget that mike bloomberg inherited with $36 billion that is now $70 billion and it is 56% over the rate of inflation.
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we have a spending problem in our expenses are out of control. neil: on the 9/11 anniversary, it really stuck. is it true that you didn't seek out the council? two i have known commissioner kelly for a long time and we work very closely together. and he said mostly because he's concerned about the future of the city of new york. iused to be brief and i assume that once the nominees, the nominees would go in and everything. and that was the standard operating procedure.
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they want to reduce crime rates on 10%over the last several years, they want to applaud them. if they were in the private sector they would be getting great bonuses. neil: they don't get retroactive pay. >> i'm not going to make them out to be the enemy. my father was a cop. my brother was a cop as well here in new york. neil: joe lhota, it is great to see you. thank you for coming on the show. we are on the watch and we will
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see where it goes. well, if this were a corporate crisis, then barack obama would already be gone. shareholders are really big on shareholders are really big on furthering, so why should we be. at od, whatever business you're in, that's the business we're in with premium service like one of the best on-time delivery records and a low claims ratio, we do whatever itakes to make your business our business. od. helping the world keep promises. for our children is something the purwe all share.ter life but who can help prepare them for the opportunities ahead?
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neil: we are doing something a little different here. steve jobs and barack obama. what do they have in common? both are considered cool. the former chairman and ceo says the way apple founder certainly had style, but you can also pack a punch. and he did not go there too much before throwing a punch. it is richly laid out in isakson remarkable bestseller book. but it's got us thinking here about how the president is doing his job.
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walter joins us to delve into this issue. what do you think about these two jobs that are very different. >> he said that he is afraid to get people annoyed. he is afraid to challenge them and he is afraid to kick them off. and then steeping steve, i kind of looked at him and he looked up at me and smild and said, yes, know what i know what you're thinking, that is not my problem. he was always willing to kick people off, steve jobs. the difference when we go back to the early macintosh group
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days in the early 1980s, one of the people who work with steve on the team said that he is president? no way. he went would've made an excellent king of france but not an excellent president. i think you know when you are in a good debacle with checks and balances. the little bit more difficult than running with command the company that you he founded in your parent's garage. neil: if you don't my me time to indulge this crazy analogy, i would think that you are trying to sell a program, a health care law or even a military strike against another country. he was very clear about what he
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wanted to do. there was a lot of back-and-forth behind the scenes. and if that was handicapping this thing? yes, you take this ring and you'll see that there are some similarities there. but what kennedy realizes is that rush -- do you trust russia? do not trust them? you can trust them, you can trust them to do what it takes for their strategic interests and always have and always will. so what kennedy does is curse chuck throws out some almost offhand proposals and kennedy figures out which one would actually be in khrushchev's interests and helps to disputes the crisis. what we are not doing now is understanding what are the
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strategic interests of russia because we are so wrapped up on trying to figure out whether we are trending russia on facebook or not. [laughter] >> we have a nation with strategic interests and they have a nation with strategic interests and they will act on us. let's figure out where they clash in where they coincide. i happen to believe that they do coincide a bit. neil: the idea was to surprise folks. like it was a quaint item and you paid a premium dollars worth. so i always argue this serious
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situation and no one has clearly spelled out this why we need to do this. why it is in our interest. the president talked about dying and having children and all of that, maybe it could've been made a year ago. so it's almost like a too little, too late kind of thing, and the secretary not really outlining a clear goal or a strike. thought by the end of this we were not going to have those involved. so i didn't know what this was all about. >> foreign policies have consequences. you have to communicate them all. i think the complexity for the united states is that we have a strategic national security interest. but unlike russiaand some other nations, we have moral and humanitarian emotions and they are actually a part of who we are and part of our human policy
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so we have to leave it together. i think it is clear that we have to act on our national interest, which is trying to secure the chemical weapons an think that we had the humanitarian interests as well. let's figure out the best way to do that. toppling it may not be in our security interest because he could have a jihad as the islamic takeover if that happens and we don't want that to happen for the chemical weapons are secure. so you mentioned earlier about leadership. it is really a complicated thing, which is good, because that is why biographers get to write 600 page books instead of giving you seven simple lessons on leadership. but if you are a great leader coming have to be like lyndon johnson and you have to cajole and bring people around and sort of put your arm around them and
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get things done. you have to be like george washington and any other great leaders and the commanding indecisive and shorter. but you also, as john kennedy was in many great leaders work, including franklin roosevelt, you have to be smart and a little bit tough and leadership has many components. i think obama is very strong and some of those components. there are other comnents as well and figuring out how to intimidate and control congress. neil: this ♪ nascar is about excitement. but tracking all the action and hearing everything from our marketing partners, the media and millions
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of fans on social media can be a challenge. that's why we partnered with hp to build the new nascar fan and media engagement center. hp's technology helps us turn millions of tweets, posts and stories into real-time business insights that help nascar win with our fans. do you mind grabbing my phone and opening the capital one purchase eraser? i need to redeem some venture miles before my demise. okay. it's easy to erase any recent travel expense i want. just pick that flight right there. mmm hmmm. give it a few taps,'s taken care of. this is pretty easy, and i see it works on hotels too. you bet. now if you like that, press the red button on top. ♪ how did he not see that coming? what's in your wallet?
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neil: assoon as they heard the news, tea parties had had it with a republican leader that if it is not only ignoring him, but locally by passing them and they are not happy about it. this news that the speakers working with democrats. what you make of these latest developments? >> do and i have been talking about this and he is fundamentally out of step with the vast majority of people.
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i told you i before the elections in 2010 americans want a leadership and john boehner represents the washington dc ruling. he represents people like nancy pelosi and harry reid. they are in a to centralize the government in washington dc and they are not in it for the american people. neil: what he is trying to avoid is the government shutdown.
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neil: they might dismiss this idea of a default. historically that could be bad. what do you say? >> i am sure that the king of ellen glynn felt like the colonists were wrong as well. thathe people express their well and ultimately prevail. ultimately he will fall if they don't work represent the american people bemoan what a great and calm guy you are. meanwhile, the dream liner is about to become a reality as so as it gets into the air. 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.
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we're not simply saluting history... we're making it. like carpools... polly wants to know if we can pick her up. yeah, we can make room. yeah. [ male announcer ] space. yes, we're loving this communal seating. it's great. [ male announcer ] the best thing to share? a data plan. at&t mobile share for business. one bucket of data for everyone on the plan, unlimited talk and text on smart phones. now, everyone's in the spirit of sharing. hey, can i borrow your boat this weekend? no. [ male announcer ] share more. save more. at&t mobile share for business. ♪ your financial advisor should focuon your long-term goals, not their short-term agenda. [ male announcer ] join the nearly 7 million investors who thk like you do. face time and think time make a difference. at edward jones, it's how we make sense of investing.
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♪ neil: finally, i'm not saying that the whole future of boeing is built on know when a player, but this dream liner does not go well next week, the stock could be looking very weak. to liz macdonald, melissa frances.
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testing of the dream-stretch version 787. but melissa -- you say a lot rides on this. >> absolutely. they obviously had a real challenge with the last incarnation. the battery problems. the fix was to put in a box that contained a fire. add-on fee of about that. yes, contained. it will all be fine. neil: i hope it's not next to that other box. >> i don't feel good about that. at the same time the stock did not suffer. this new carn fiber plane. everyone is excited about the technology. i worry about fires and now they have another one coming out with an extra 40 seats to cook. i mean, to fill. >> you don't want to be on a plan where you feel like you could roast marshmallows over the battery. you don't want to feel like you are on a plane where there is still a learning curve about it. and adding another 40 seats to
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it. there are always technical difficulties, exactly right. typical of new airplanes. but boeing stock, for years, the dream liner, not in the upright position. as you can see here, popping and training. but it has been such an issue over the last couple of years. really for it to be jumping the shirt, a stretched version of the plan, really interesting move. neil: how many does is seat? >> a million and a half. >> i think is 250. [laughter] >> and one blanket. neil: one blanket. all right. ahead of twitter going public, keep their ipo, 40 -- 140 characters or less. >> well, it will be interesting to see first of all if they pick the nasdaq for the new york stock exchange based upon what happened. the nasdaq and other trading
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problems. it has been a real challenge. interesting to see what they picked. the company has a lower valuation but less revenue. i am an avid twitter user, and i know you are. i wonder, they say they're going to do a billion in revenue from ads by 2014. i'd never see or notice them. neil: what are you sharing? >> sarcastic remarks about anything that is going on. it is basically -- like facebook, a total time think. i say i'm promoting my show which is on a 5:00 p.m. on the fox business network, money with melissa frances. i do that all the time. the banter, talk about what guests will be coming on. ostensibly i am working, but i do not see the ads as they go by. this is what the business is supposed to be based on. i don't really know. >> what's distressing about it, is trying to a mouse and --
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multiple evaluations from the new york times. people read their news and weather. neil: this announcement. >> the thing is, will it be a massive run-up before the ipo. not disclosing investor formation until three weeks before. it's about a billion. the new legislation. but you'll have to make these disclosures. it's cled the jobs act, but that will make a choppy ride for twitter. once you find out what really is the truth about the earnings. >> it could not be bummed year. neil: you bring everything full circle.
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neil: is going to be big. he did not hear from me. that will do it for me. thank you for watching. we will continue to monitor as we wilanwhile it is all about melissa. ♪ leyna. melissa: i'm melissa francis, and here is what is "money" tonight. north korea has ex with u.s. and russia talks. following the money to north korea, and it is a dangerous connection with the crisis and syria. our franchise owners some reveal how to keep them happy. and who made "money" today. investment stores. stay tuned and find that two ys. even when they say it is not, it is always about "money." ♪


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