Transcripts For FBC Cavuto Coast To Coast 20240622

Were looking at 1. 5 growth. That is better than no growth but still not typical recovery growth which is what worries greg smith. You have been looking at this for a long time. It is the strength of this recovery that concerns you. It is still percolating along but not robustly. What you worried about . It is percolating, you stole my thunder, you average two quarters out. Neil of i dont Connell Mcshane will come up with the chart. If you go back to 20122013 the Commerce Department this 2 growth rate seems to be the norm. The lowest since any recovery since the Second World War and here is what concerns me. Fiscal policy is not working. Wind will jack lew and penny said down and say this policy is not working, we need to change course . The fed policies zero Interest Rates, not working. Neil we are not back to the rates, were certainly back of the maps and why dont cynics like craig realize that . They are wrong. There is so much malloy investment going on now as a result of zero rate interest policy that you are going to see those, excuse the oppression, chickens come home to roost just like we did when we did the sub prime mortgages. And creating distortions in the market is what my concern is. If we continue to grow at this lackluster pace and that growth is predicated on parttime workers and very low Labour Participation and physical maladies and tax problems, you are not going to see businesses have the confidence to make the investments necessary to grow this economy. Look at the fact neil next you taking care of that. Look at the bass the back end of the yield curve. Is rallying, they see Slower Growth in the future and to quote a great do from new york, we are the tallest midget in the room but we should be the largest superpower economically throughout the globe. Just because we have a big economy doesnt mean we are the big guys on the block. We need to get our fiscal house in order. Social spending went from 15. 5 in 2005 to 19. 2 last year and growing. Neil on that note, we are joining the former cochair of the Debt Commission who is worried about that but great seeing you thank you very much. We preempted Connell Mcshane and melissa frances, defending his chart, to show a lot of charts, to show the fact that there is this connection between what is happening in the economy and on the market level. Neil connell did something horrible happen to you with a chart attached . Neil seizing the charts was this traded in the market. You were ugly to him yesterday. He made those charge himself had his needles out. Neil i want to replay melissa getting whiny yesterday. Take a listen. Connell q e stopped in october. Since then look at this, flat stock markets and that could be one of the bigger stories at the end of the year when this policy does change. Will wake up connell dont make me come over there. Neil what is wrong with that . Connell what is right with it . Sit back and melissa. Melissa my 5yearold sun comes out of the beautiful drying and you fall asleep. That is what it reminds me of. He is working so hard. Neil okay, got a little chart. Connell its melissa wont stumbled down here after that reception. That was just meanspirited. Neil can we start Something Else . You heard what this fellow was saying, this cant go on and we are seeing in this parallel graph universe with home prices hitting their peak, with activity, retail sales, Interest Rates may be going the other way, it is all over. Melissa and economy built on nothing, what he is saying, that is true. When you look at the gdp number we just got, look at jobs numbers and that doesnt tell you how many jobs were added, two part time jobs held by the same person. You look at people out there, there is no real attraction, no pricing power, the fed cant get inflation going but that is a worrisome fine. We are celebrating this 2 growth. You are the fox weiner for sure. The stock market more than the economy. I am done defending it. The Economic Data we have today confirmed that to some extent, were celebrating and 2. 3 . And we wont raise Interest Rates, they have made no other choice, and a wary some, they raise rates, the risk email lynn, i dont have a job, at one grammy party. Height in rates. It is a distinct repair in the fall imagine the stock exchange. An instant read on how they are dealing with this. Connell see what they think of you. Neil hey, guys. Thank you both. Thank you both very much. Melissa dont pick on him again or i will be back. Neil lets not go into tweets. Very good stuff. In the meantime the house has wrapped things up before the august recess, the senate has not been a number of issues to take up before they check out of town. A republican from south dakota what theyre up to the km the funding measure. Where does that stand. Certainly has the majority vote but no matter what you do, the president would veto it. Where does this stand now . We will have a vote on it next week and we think that is important. We have a lot of members who care deeply about this issue, have been incredibly offended by the videos that have come out and i credit senators joni ernst and Deborah Fischer who are members of the republican conference, it ensures funding will be in place for Womens Health services, cancer screenings and std testing and pre and postnatal care, to continue to be funded through Community Health centers and other providers and planned parenthood. The premise is taxpayer funds should not go toward supporting feel Organ Harvesting which is what planned parenthood is doing and that is what the vote next week will be about. We will have that vote in the senate and we will see where the votes are. Neil when you are on the left, not all on the left, i should stress, this was all sort of a hatchet job on planned parenthood and it was the call meant to get the response it did, it like meant to entrap people . That is the distraction. You got to look at the substance it is incredibly gruesome and chilling and any normal person would be deeply offended by this. The left is obviously going to defend it and attack the messenger which is their typical strategy. If you look at what is going on and what the organization and doctors leading this organization and the way they are describing this show is an incredibly callous disregard for human life and i dont think it is something taxpayer funds ought to support. We shouldnt be supporting an organization doing these types of things, and a callous disregard for life. Neil another measure, infrastructure measure, it would be a piecemeal measure to keep Infrastructure Spending going or the money necessary to keep it going for a few months but part of it is to go ahead and attacks overseas profits from abroad from companies to get the money back here but also tax it for this purpose but democrats are saying they want higher gasoline taxes. Where are you on this . We were able in the senate to pass, head over the vote in a moment, a three year multiyear highway built funded without a gas tax increase and we think it is important to have a multiyear bill, doing this in six months, in one year increments which creates a lot of uncertainty and makes it difficult for department of transportation and those involved in building roads and bridges to move forward. We did it that way. The house has ideas how to do that. Democrats want to spend not just more on highways but lots of other things. My concern, when youre trying to make deals with democrats when it comes to taxes that they are going to want more revenue and more spending and ultimately you are never going to satisfy them and i hope the house of representatives as they move through the process of coming up with a multiyear highway bill does it in a way that doesnt lead to higher taxes and higher spending and i am quite certain they will do that but we will work out differences between the house and senate. Hope they put a bill that is a multiyear bill that doesnt have a tax increase associated with it. Neil you are one of the few republicans not running for president of the United States. Trump said this and Chris Christie said this. Marco rubio said this. It turned into a vicious food fight and some are concerned it will hurt them. It is early on. Right now there is a lot of attention being paid but it is being paid by the people who follow politics closely. The average person out there in the country when they start paying attention and scrutinizing candidates have to look at their positions, and the issues and that will make the picture a lot more clear. In the debate next week, fox news will be hosting we will start that process and you will see the American People zero in on those candidates facing can go the distance. Neil what if it is donald trump to goes the distance . The political establishment hasnt seen that. I think he is tapping into a lot of economic angst around the country, a populist feeling across the country that things washington isnt listening and he is tapping into that sentiment. A lot of our candidates will tap into that sentiment but in this end it is going to come down to where these individual candidates stand on the issues because most Republican Voters when push comes to shove will say who believes in the things i believe in . Who will be an advocate for the issues i think are important to the future of this country gq who speaks to those . He is touching a nerve out there, touching a chord, the ability to go the difference remains to be seen but we have a number of candidates in the field will make a compelling about why they need to lead the country in a different direction. Neil always good seeing you. Taking a and look at what is going on in the markets, the dow is silent down 15 points, the nasdaq where a lot of stuff is happening, including all these online guys who seem to be off line even when the report numbers that appear initially to be the street estimates whether talking about twitter or facebook it is the guidance and all the other stuff piling up to drive them down. What is up with that . After this. The only way to get better is to challenge yourself, and thats what were doing at xfinity. We are challenging ourselves to improve every aspect of your experience. And this includes our commitment to being on time. Every time. Thats why if were ever late for an appointment, well credit your account 20. Its our promise to you. Were doing everything we can to give you the best experience possible. Because we should fit into your life. Not the other way around. Neil want to take you to the senate floor. The house is done for recess, there might be others issues including of a highway bill here, this is the longterm highway bill, the short term one takes into account robbing peter to pay paul to keep the Highway Department funded for another few months but democrats want to get tax hikes, republicans have an alternative plan, Companies Keep overseas and taxing than a little bit to pay the 70 billion to ebullient dollars that would be required to fund the latest effort to fix roads and bridges that setter. Here is the thing, they are attaching all sorts of stuff including renewed funding for the Exportimport Bank and what normally happens, they threw a lot of things together. Nothing happens. And 4 facebook, and they were jarred from a buy something they dont often see. A bit of a selloff. Jo lin kent on why that is. Facebook earnings beat expectations with revenue jumping 40 to 4 billion, earnings beat the st. To 0. 50. Mobile ad revenue good news driving sales making up 76 of total ad revenue for the Second Quarter up 62 year over year, monthly active users. It was 4. 4 billion people and using facebook and most locking in on their mobile device, stock has been trading lower. Spending shot up 82 , facebook expects that will affect future Revenue Growth slowing down, Mark Zuckerberg is putting lot of cash in a new data center, and he continues to say you wants to invest even more money in Virtual Reality and artificial intelligence. There were a Conference Call last night that Virtual Reality is going to pay off eventually. Remember oculus . Facebook bought that last year and when they finally start selling a head set next year, you going to buy when . Neil no. It is dolby and looks stupid. I dont know why anyone thinks Walking Around like a bumble bee will be a moneymaker. You cant judge a book by its cover. I think they are pretty fun. Neil look at this. Okay. Your generation is lost. Thank you very much. Social media stocks are a good bet in this, standing around oculus and all this. Have you put one on . Neil it is dopey, shut up. I wonder the movie theaters and other world. Neil you are right. That is me. I am looking at this saying not is if these companies didnt report good numbers but maybe they get ahead of themselves. A sophisticated investors as i am in it for the long haul, not expecting earnings, expecting growth and you have Something Like Mark Zuckerberg leading facebook who stays disciplined, stays down to his fundamental message of connecting with family and friends, and this head set about to come out, one of facebooks hard Core Products but dont look for that to be the answer to a giant revenue stream for the company. The fact is facebook is all about monetizing engagement with people and they got their sights set down the road. They already got 1. 5 billion people right there and they will say what do we do with these eyeballs . We want money from them and advertisers are willing to reach an interesting ways and the very head set you dont want to put on is one way an advertiser will engage with somebody in the most profound unique way that is very valuable to advertiser. Neil they dont bump into each other because you can see with these things. You dont bump into one another, is about sitting down and enjoying. We wont walk around with these things. Neil thank you very much. Very good seeing you again. Another protest going on. You heard about hedge funds and they have at stake in every action. These are what we call Hedge Fund Clippers and they are ready to clip the right out of all of these actions. When a moment spontaneously turns romantic why pause to take a pill . And why stop what youre doing to find a bathroom . With cialis for daily use, you dont have to plan around either. Its the only daily tablet approved to treat erectile dysfunction so you can be Ready Anytime the moment is right. Plus cialis treats the frustrating urinary symptoms of bph, like needing to go frequently, day or night. Tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. Do not take cialis if you take nitrates for chest pain as it may cause an unsafe drop in blood pressure. 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They pass an interim bill in the next couple hours which will all lead a shutdown of a highway programs at the end of the week, in real trouble if they dont do that at the end of the week, approving the shortterm bill for three months, why is the senate forging ahead on the broader bill . Looking for a long term bill at some point . House Speaker John Boehner has said we are going to work on getting a longer term bill, the senate wants to make its position known. They adjourned for the august recess yesterday, no way they could entertain this bill. Kevin mccarthy the majority leader 1,000 pages, too long to go through this in a short time, we wont touched this. A lot of house members including democrats, steady lawyer indicated he was not keen on this piece of legislation but regardless come september and october paul ryan of the hairs and ways and means committee. They will come up with their version for a long term bill and house and senate get together in a Conference Committee where they blend these bills together and get at final product for several years. Neil thank you, appreciate it. The business about a protest group in midtown new york, they are mad about something. Before you start thinking this is a right or Left Wing Group keep in mind by partisan attacks, they went after andrew cuomo cozying up to his big wall street donors and resisting, to forgive a lot of puerto rican debt n they are going after Chris Christie in new jersey saying a lot of hedge funds were investing pension money in the state and doing a pathetic job at it. They attack with equal lee any and all, but their focus is on hedge funds. They call themselves Hedge Fund Clippers. Jonathan weston with us right now. Good to have you. And and the state relied heavily on pension money through hedge funds. We have seen governor christie give a lot, millions and millions in pension money, their funding is a campaign for president. All those hedge funds are not managing the money well enough to be profitable for everyday people who have everyday pensions invested in them. They charge high fees and produce lower returns, no reason to be investing pension money across they dont want hedge funds in this business. By and large they have until they got better returns but your argument has been with the kind of roughly comparable returns to other investment vehicles. Why should states pay those fees . The return of we have seen are not even producing the same level as index funds work everyday stock market. What we continue to believe is there a bad investment. What they do in terms of how poorly in they perform but all the other things they are doing in Extracurricular Activities whether it is driving austerity measures in pr or attacking neil what do you do in pr . Andrew cuomo in new york cozying up to wall street buddies or not going for this talk of forgiving these border region, 72 billion in debt. And dont do that, and for giving their debt, where will the money come from . Lets be clear. What this is about is billionaire edge Fund Managers looking to make boat loads of money preying on everyday people in puerto rico. Neil say you took them out of the equation, hedge fund out of the equation, traditional capital guys agree with you. If you find a way to allow Puerto Ricans to be exonerated what next . A lot of states and municipalities in the same boat. Is impossible to take hedge funds out of the equation when they own a huge percentage of the desk in puerto rico. We did the same thing in wall street, we bail out wall street, everyday citizens in this country took on their debt. It is neil raise a good point. You raise a very good point. These bank bailout started on this very show under president bush because it would lead to a slippery slope and lead to requests and demands for the balance and that is what is happening now but you argue about helping 4 million people. What if there are other states, other areas . Did that get us into this . Countries across the world. They call them vulture funds for a reason. And pr. They are taking it out neil hedge funds, the source of all easements. Rice hedge funds are the ones coming in, we want our money back without actually trying to negotiate, reasonable for the puerto rican people so they can get out of this crisis. Puerto rico going into deep depression. Neil good having you. And we will see how this goes. You probably heard donald trump is in tr them in the corner right now. He is actually shown support for democrats. His response, it is all business. The polls response, no big deal. Running my own shop has been brutal. But then i got a domain and built my website all at godaddy. Now i look so professional i just got my first customer who isnt related to me. Get a domain website and email starting at 1 month all at godaddy. Super poligrip holds your dentures tightly in place. So you never have to hold back. Laugh loud. Live loud. Super poligrip. Get strong all day hold. This is a diplomatic masterpiece that they stayed at the table and came to the conclusion that they did. Neil and i was worried about that iranian deal. Turns out its a diplomatic masterpiece. I think Joe Lieberman might disagree. He thinks there will be a travesty if it comes to pass and he fears that just might. He will be joining us in the next hour Joe Lieberman among Many Democrats who do not share Nancy Pelosis views. We want to focus in the meantime on donald trump in the latest thing they tried to get him on what the stats he said about john mccain not being a hero and earlier stuff about mexican and all of that. Now they are trying to say you know in the past he has supported democrats. Donald trump united said yeah, i did. It was for business and about business and move on. Rebecca berg ought not and whether that hurts them or not. What do you think . Reporter well, the team we are seen time and again is that none of these attacks, none of his missteps stick to him. He is like teflon if a candidate could be teflon. It is kind of amazing. The reason we see him being able to recover and search inside of them in these weve seen is people put him in entirely different category from other politicians. They view him as someone has a businessman not a politician and a lake is telling the truth even if sometimes the truth telling might seem relatively unflattering. Neil in the cnn interview he admitted to exaggerating a little bit. The one thing i did take away come and say what you will is doing well in the polls. A lot of this teflon ability is to avoid getting stuck with any of this. He doesnt dial anything back. He doesnt say he did something wrong. He is confident enough to say this is what i believe. You might not like what im saying that this is a common deal with it. That is part of his appeal, frankly and the other candidates cant believe he can say anything and none of it is problematic. Neil on the left and right politicians have a long history of being a little of the cleocin having it both ways. The longterm elixir to him are the key to success that the appeal seems to be he is not just of their petri dish. Cicely. This is the persona he is working hard to project in this debate. I would imagine this coming week. This is donald trump at its purest spirit i talked to people in this campaign and its funny hearing them talk about how they try to manage donald trump. They can get him talking points and tell him this is a message that would be really good. Donald trump will say whatever donald trump wants to say. There is no managing him. I appreciate that. Speaking of difficult to manage. Charlie gasparino is here. Talk about a guy who speaks his mind. Fortunately not running for president of the United States yet. Donald trumps net worth is that what he says. It is significantly less. Ford says four and a half. This is always in the 90s when he would only answer for and say you were not saying that while to when others to move it down. Heres the thing. We should put it in context. Donald trump in 1992 a New York Times story when he was having his divorce. His net worth was essentially zero at the time. He was broke. His Real Estate Properties were intact and he backed that up. He made 3 billion in 25 years. Hes a really smart guy. You could be a single billionaire. This is what i love about donald his insane resiliency. He was down and now his way up. If you look at financial disclosures, he doesnt have a lot of debt. This guy makes a lot of money without a lot of debt. Neil hes argued bloomberg is wrong. Then he said of the young guy who did this story, you know that guy doesnt have any idea what i own, doesnt have a clue. What is he going to say about me . Neil you know im telling you the same story we are discussing with the last gasp. She made a good point that this is it is what it is. I will say this. Hes an impossible guide to manage. It will hurt them in the long run. I dont think it matters how much hes worth. Hes a billionaire. Donald trump has an bot one hand. He wont. Hes got 25 of the vote. This shows you what it really a marketing man he really is. How much money has he raised . Maybe some donate to them. Neil even if a big chunk was in a savings account. In a Stock Holdings he did okay. This is a big grin. One other thing why he gives to republicans and democrats. Dont hit alumni. Neil always good seeing you. Charlie gasparino, best in the business. Nancy pelosi and death come better. Hazard a guess here. Technology empowers us to achieve more. It pushes us to go further. Special olympics has almost five million athletes in 170 countries. The microsoft cloud allows us to immediately be able to access information, wherever we are. Information for an athletes medical care, or information to track their personal best. With microsoft cloud we save millions of man hours, and thats time that we can invest in our athletes and changing the world. Neil i want to take you to the floor of the senate where they did pass this infrastructure bill along with funding for the export import bank. Its not going anywhere but its loaded with enough things that democrats are already time the president dont go for this. The number of democrats in the fact of the matter departed the infrastructure bill does not include a gas tax which is long, long overdue. Furthermore trying to do a carrot and stick approach with money from overseas. Companies hold overseas to pay for this. Too early to say republican senator rob portman nospace details far better than i. Senator, that is to read on this said if this passes it doesnt go much further. We will see. We have a few months to come up with other ways to pay for necessary infrastructure because we have roads and bridges crumbling. Neil would you be open to a hayek had in taxes . We have some of those profits come back and infused the trust fund. Something you and i talked about a lot. Our code is so outdated with Everything Else going on around the world that is driving jobs and investment overseas. If we could change the code to bring back to 2 trillion locked up overseas we could use some of the revenue for the highway trust fund. Thats a better solution. Neil id be remiss if i didnt mention the array and deal seen as a diplomatic masterpiece. What did you make of that . Yeah, look, it is historic not in a good way. I have deep concerns about it and frankly some of us to lay out our concerns early on did so with the understanding the administration did take more progress with regard to simple things like monitoring and enforcement anytime anywhere and its just not what happened. I dont think it is something people should call a masterpiece. Instead you should say it is historic because it does allow iran to do something they havent been allowed to do before. It also gives them a lot of money. The roughly 120 billion is a lot of money for the number one state sponsor of terrorism to use against our interests and our allies. Neil you dont have the vote to override the deal at this point. We probably dont although its possible. As i talked to democrats, they too have concerns. Probably you would need 13 to override a president ial veto. Neil senator, always good seeing you. Leon cooperman billionaire investor who made good on the rich and how the rich are getting hit on again and again. 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Every time i pick up a certain periodicals magazine and newspapers, you guys arent heroes. You guys are what is told nation that. Does not grab it the wrong way . Im the last guy to sit here and complain. The truth of the matter is we are in an environment now if you have money, they dont care how hard you work to get it with social good you do come if you have money or out of favor. Neil rich guy talking to rich guy. Charles payne great job, my friend. The rich have a target on their backs. Instead we should take it back from them. Elizabeth warren and now barack obama that no matter how you cut the money didnt pull yourself up by the bootstraps. The horrible thing about mr. The notion is president obama said it was never designed that way. This is not a country built on people pulling themselves up by the bootstrap. It was always a commune and the guy who claimed glitter off the road is just as responsible for success because you drove on that road. Its ludicrous and its backfiring miserably. We see it in the entrepreneurs. We see it in the lack of births and neil theres a protest going on in manhattan at the socalled Hedge Fund Clippers who think hedge funds are just rich guys taking advantage. Although they forget how puerto rico got 70 billion in the first place. People right now, millions of americans walked into a warehouse today that was funded on wall street. Millions of americans walked into a business and got seed money from wall street. Neil he is acknowledging some rich folks give a bad name. But there are some with the personification of just great coupon freaks. In america that should be okay. Heres the thing. Last night after that i went home and read a story about a basketball player named ben baker. He squandered 100 million. Neil sounds like congress. What does that tell you . First of all bought passes on from generation to generation its folly. They could be squandered in one generation by the person that made it. We have more compassion and respect for someone who lost 100 million rather than someone who inherited and turned it into multibillions. Its all backwards and thats whats hurting the country. Is a silverplated rich guy. Theres a lot of resentment about this. Trump has other issues it deals with it. I think its a cooperman said the world world, the unassuming multibillionaires in the south bronx give every penny of the fortune almost 4 billion to the public. Sending hundreds of kids to college you can afford it on merit. No one will cover it. Neil you were too far away in harlem. My wife grew up in the same area a few years later than him pitch a dozen respected him because hes been married 51 years. Good old American Values seem to be fading away. Neil charles payne, thank you very much. Riveting show sometimes riveting guy. He tells it like it is and isnt equal opportunity offender and is not at both parties and is really angry about this deal this iranian deal. After this. Usaa makes me feel like im a car buying expert in no time at all. There was no stress. It was in and out. If i buy a car through usaa, i know im getting a fair price. We realized, okay, this not only could be convenient we could save a lot of money. I was like, wow, if i could save this much, then i could actually maybe upgrade a little bit. And it was just easy. Usaa, they just really make sure that youre well taken care of. Usaa car buying service. Powered by truecar. Online and on the usaa app. Neil you know if were a woe be the buy of sintry. A billion dollars invested worth half a trillion dollars today. Unfortunately, half a trillion in debt. The costs and im talking about medicare. Talking about medicaid. The signed into law a half century ago, while they have done a lot of good for a lot of people but also cost a good deal of money. That is just for start es. Connell mcshane. Youre a partypooper on the 50th anniversary of medicare and medicaid. Moments ago, president obama tweeted out happy birthday Medicare Medicaid. 3 billion in the first year in 66. To neils point the actual numbers in recent figures we have, 2014, boy that is a big, big difference. 511 billion is where we are or up close to where we are nearest numbers that we have. Now what is interesting is, did they see this coming . Well they did make predictions. Maybe this isnt a reason we shouldnt make predictions if were making predictions or anybody else. Estimate from 1967, medicare spending would be 12 billion by the time the year 1990 would come along. When 1990 came along they were at 110 billion. It is really getting it wrong. Medicare fund will be exhausted, that is the most recent prediction by 2030. A lot of people say neil, that will come true if something doesnt change. That is why this is many abouting a big, big issue and will become bigger issue in president ial campaign. Neil im not immediately worried about this, connell, appears will be there for me. Regrettably will not be there for you. Im not the one. Thank you again. Neil those are the breaks, my friend. Exactly. Get a chart together. Neil thank you very much. Connell, i dont have any entitlement mcshane. Bernie sanders said we should be expanding medicare and aggressively so because that is at the heart of a lot of this nations problems and underfunded folks with health and related ailments. He says just expand it. A debt watcher hears that and says worst possible thing you can do. Why, sally . Hello. Neil hello. What do you think of this . Bernie sanders says dont scale back on this stuff, double down on it. We need more. Of course Bernie Sanders is a huge propope pro. Meant of will run on that. Im canadian. I grew up long waiting lists rationed care, and it is expensive. We dont want to do this i hope the American People do not listen to Bernie Sanders and his rhetoric. Neil the fact of the matter is on the right and the left there has been reluctance to really cut to the core of the problem and address these entitlements. Someone like Chris Christie in this country comes out with the vaguest of plans to rein in social security. Raise the retirement age. Make some benefits meanstested. He never offers exact specifics but just those headlines were enough to get some nasty town Hall Meetings for him. But where is the bravery on this issue . Well i think ive been strong opponent on medicare and medicaid, they are 50 years old, voucherrizing them. Medicare block grant the states. Let the states control how they spend their medicaid dollars. Medicare, program for seniors is different situation. We need to raise eligibility age. We need to provide seniors with vouchers based on age. More wealthy you are, say, warren buffett, you dont need you dont even need a voucher. You can take care of your own health care. Medicare should be there for those seniors neil sally, i know you heard this many, many times, people move. This is very transient society. We move back and forth so whatever youre getting in one state changes in another state. Very confusing for folks. What do you say . Issue after the king v. Burwell decision on ball kiar, the Supreme Court decision the president has been roaming around to the states those 20 states that didnt expand their Medicaid Programs trying to get them to signed up. I think he really is hoping all the states will sign up for Medicaid Expansion under obamacare. Then states will not have money to fund it. He will say, i think federal government take over medicaid just like medicare. That is what Bernie Sanders would want. We need to repeal and replace obamacare to have people be in charge of their health care, not the federal government. Neil how is that Health System working for canadians. Does it do the job and you say no. Average wait for can madans to primary care doctor to specialist is 18 weeks. That is four months. Canadian people dont like it. The docs that city the Study Program is not working. Entitlement programs are so hard to get rid of. It very rarely works. Neil right about that on the right or left. Salary, thank you very much. Very interesting perspective. We have problems on the hand. Mathematical problem. Not right or left from conservative or liberal problem. Alan simpson joining us on the phone says both parties better wake up to this problem. This is the latest case of this, on the 50th anniversary of medicare, medicaid. It has done a lot of good as you said, senator, but the fact of the matter it carry as good price tag. Im up here in the woods. Anyway, my father was in the senate when they were messing around or he was running and i remember that Hubert Humphrey got up in the debate said, if this thing costs over a billion dollars in five years i will eat the statute book an one guy jumped up, if he does he will have more law in his gut than he does in his head. Thats not true. It is terrible, what you just described, it is math. It is simple math. 10,000 a day turning 65, take care of a threeyearold with a preexisting condition lives till 60. Got to do asking with providers. Got to do something with lawyers. Got to do something with doctors. Got to do something with pharma. For gods sake a guy at your station get as heart operation and doesnt get a bill. Who is kidding who . Neil a lot of people look at cost of this. Im looking at Affordable Care act many fine people like preexisting conditions, keeping your kids on policy longer what you said at time to assume wouldnt be higher bill for that is at best naive. Were looking a at higher bill. Are we looking at Medicare Medicaid examples much as people i know what do you do . Like paul revere wandering out through the villages this business, and i heard the young lady speak, let me just say there is political reality here which is so vivid. Okay you would like to get rid of obamacare. You cant get rid of it, even if you passed it in both houses because you never get his veto overridden f your horse drops dead, it is better to get off. Neil im following through the analogy. Kind of left me. As long as he is president this thing isnt going away. I dont think it is ever going away, senator. I dont know how you file. Certainly another 18 months, already fairly entrenched, getting more so. What do republicans do . When it comes to addressing entitlements what do you make this effective. Come up with something, instead of repealing this, a no here, no there, that wont get republican anyways. Put something together, cobble something up. This is republican alternative for anything that comes up. Immigration, climate, whatever. Whatever, do an alternative instead of being the party of no. Neil when they come up with alternatives the president comes back and says we already got something that is time tested and Supreme Court multiple votes, multiple rulings, shut up. Sure. Supreme court will be in the game forever because the Congress Wont do a lick. If anybody cant figure out what is happening when the the con wont deal with heavy issues of the day, groups all over america in the worm wood, start up district court. Go to the appeal and get it to the Supreme Court and make the decision. You wont like it when i ever side it is on. Neil alan, by my math you alienated 17 different social groups in this interview. Touche. Good having you. Always fun. Come up here i will cook you some flap jacks. Neil cant wait. Dont do it in the villages because youre not exactly a hero there. Alan simpson. Calls it like it is. Another guy calls it like it is. I want him to respond this nancy pelosi. This is a diplomatic masterpiece that they stayed at the table and came to the conclusion that they did. Neil all right. Joe lieberman probably missed the first part of that. But, joe, senator, what she was saying this iranian measure is diplomatic masterpiece, historic at that what do you say . Yeah. Well, im afraid if its not stopped by congress it will be historic but it is not a masterpiece. I fear has much more risk in it for the United States, much more reward for iran then they deserve. It basically clears the path for iran to become a Nuclear Power which is not what all of us who voted for economic sanctions on iran wanted. The whole idea was you would only pull the economic sanctions off if iran stopped its Nuclear Weapons development. Neil john kerry says alternative is a unicorn im paraphrasing, as the president saying there is no factual argument you can use against this things. What do you think . I cant resist saying in response to the unicorn metaphor, nobody oppose toed the deal is looking for a unicorn, were looking for a strong horse, a real horse. This horse, this unicorn will take us over the edge into i think a cat chrisic range because they are going to become a Nuclear Power. They will create a Nuclear Arms Race in the middle east. The sanctions are totally lifted. They will get billions and billions of dollars, one to strengthen fanatics to who run the government in tehran and two to support the terrorists. Neil they already said they would support, they are not lying about it. The amazing thing since the agreement, july 14th, i would have thought the ayatollah, the foreign minister rouhani would have gone quiet. They have doubled down in their fanaticism. They still shout death to america. How can you make a deal you can trust with country that says it wants to kill you . Neil since this passed in the United Nations Security Council that they will get money from those other members who passed it and it might be a moot point your old friends say . They may well figure that but the congress of the United States has the authority over the constitution. Also the United States remains the strongest economic power in the world. Even if the other countries stop the sanctions and u. S. Doesnt because, congress has the guts to say no, our banking sanctions, our sanctions on their oil, still are in effect. So bottom line, what does it mean . That businesses around the world are going to have to decide do i want to do business with iran or do i want to have access to the American Economy and particularly the American Banking system . And that is still the choice. Neil i wonder if it is too late for that . Last time you were here you thought it would be uphill fight for 67 votes to override. I think it is beyond that i think this thing goes through. The president survives but the argument i heard lately, for support going through, if we vote against it, we send mixed messages to the world, because the collective world in the Security Council i think theyre saying has already voted to let this thing go through . That is not fair. Were a sovereign country. And secretary kerry negotiated an agreement. Congress has to decide whether to approve it or not. That is what our constitution and the law calls for. Neil before you youre a fair arbiter here, when you talk to old democratic friends, nancy pelosi clearly no subtle way trying to tell them this is a masterpiece, lets keep this going. That might extend to your old buddy Chuck Schumer and senate what do you think . What is pulling at these guys . So i would say the longer time passes from what the agreement was made the worse the agreement looks, and thats true not only for members of congress that im talking to, im specifically talking to democrats who are undecided but for the american public. The last two major polls on this had increasing opposition to the Iranian Nuclear agreement. Neil senator, and, i think time is the worst thing opponents of this have on their hands because people are steeped in august. August summer mindset. Theyre thinking about other stuff. This looks like a deal, better than no deal. Theyre hearing all of this other stuff that could happen. But theyre just not that into it. Whether theyre into it or not i think time helps the opponents. Neil you do . Yeah. I was glad when they didnt get the agreement done in time to get it to congress for 30day window. There is 60 days now. There is tremendous organization of the opposition to this agreement and what it means to the United States and to our allies like israel and the arab countries in the middle east. If you asked me today is it hard to get to 2 3 let me say im increasingly confident a resolution of disapproval will pass both house of congress. That in itself is significant because the president and the secretary are out on their own. But then neil still a deal . Then the president vetoes it. Can we get to 2 3 . I believe i do. And notwithstanding my respect for leader pelosi, we have not yet heard from Chuck Schumer and we have not heard from the current democratic leader in the senate harry reid. And there, in my opinion, both at least openminded. Neil all right. We will watch very closely. Senator, good seeing you. Joe lieberman. Meantime want to look what is happening right now on the hill because even though the senate is still working and voighting on measures the house is gone but not before there was a threat to topple the speaker of the house and kick him out of there. One guy and Speaker Boehner more or less said, like, yeah whatever. He didnt say that. Thats me saying, yeah whatever. But the gist was this. Speaker boehner doesnt think he has anything to worry about. I want you to meet a guy that says you know, not so fast. After this. So youre a Small Business expert from at t . Yeah, give me a problem and ive got the solution. Well, we have 30 years of customer records. Our cloud can keep them safe and accessible anywhere. My drivers dont have time to fill out forms. Tablets. Keep them all digital. Were looking to double our deliveries. Our fleet apps will find the fastest route. Oh, and your boysenberyy apple scones smell about done. Ahh, youre good. I like to bake. With at t get up to 400 dollars in total savings on tools to manage your business. We have a member here and a member there who are off the reservation. No big deal. Neil all right. Now what the speaker is referring to one congressman maybe more out there, who want to get rid of him. They say that he has torpedoed their hopes of getting spending under control and cracking down on business as usual deals. Freedomworks ceo adam brandon says there is a much bigger push to this than Speaker Boehner thinks. Explain, adam. Well the first thing i would like to say i got to commend congressman meadows for stepping up because its a hard thing to do to go against your own leadership or your own speaker. Neil he had nothing to lose adam, think about it. He was sidelined on chairman chaffetz not going along on prior measure. He had experience getting shoved into the broom closet. We helped get him out when we brought it to peoples attention. He figures they already hate me, already isolate me, i have nothing to lose. Are there others like him . I know there are others like him. I know some people are not publicly coming out right now but if i go back to the beginning of this session you had 25 members vote against the speaker. The big thing i see happening here, this is an insurance policy. So if everyone was upset about the cromnibus that happened late last congress. So that doesnt happen again this motion is out there and if something bad like the cromnibus starts happening again we have a debt ceiling deal. We got some spending bills coming up. This is out there and Speaker Boehner has to remember that this is there in case he decides to do a last minute deal. These congressman can come out of the woodwork overnight and the bill and vehicle to remove him if he is, failing in leadership, the vehicle is there now. Neil isnt there a procedure though when youre in between elections, when you want to get rid after speaker. Not just the party of the speaker that decides it, the whole house would . And that makes it doubly difficult because a lot of democrats probably would support boehner in that position . Well, that is pretty difficult if were in the position now where the republican speaker of the house needs democrats to remain speaker and democrats to pass neil do you think it would come down to that . That he would survive it ironically it, you cobble together a coalition of maybe moderate republicans and other democrats to keep him there . Its possible but if that happens, i think in the next congress you would be looking to people like Jeb Hensarling as a great alternative. It is kind of the closest thing we have is a show of no confidence. I want to Say Something specifically about what meadows is asking. Neil sure. When you read his document, he puts things in there like lets read the bill for three days. Lets not have these manufactured crises where we have to wait to the last second, otherwise, if we dont pass the debt ceiling increase everything goes to hell in a hand basket. Why dont we start working on that stuff right now . Then Something Else he says strikes really true to my heart is we are, congress is ceding so much power and authority to the regulators. That is not the constitutional balance. It is up to the speaker to protect the congress. Neil youre right about this we have the epa running crazy. Right. Neil labor department. Youre right, a lot of people are reading his movie or being crazy movie, he is talking about get back to doing what were constitutionally told to do. Absolutely. And i think that is part of the problem. What is congresss main job . It is oversight. Neil yeah. I havent seen congress doing a lot of oversight lately. If the regulators, bureaucrats that will never be accountable are oversight, look out. That is kind of, that not the way our system was designed. Neil you express it very eloquently, adam. Appreciate it. Thank you very, very much. Thank you. Neil freedomworks ceo. Talk about the times and how theyre changing we have our country and china joined at the hip when it comes to government. It needs government. It needs a lot of government. The fear is that in the United States Interest Rates are going to go up so that is not good for a market that doesnt like government maybe backing off. In china, maybe all of that buying of chinas stocks on the part of government backs off and they dont like it. Thats weird. Thats not laissezfaire. That is just not fair. That is not right. That is setting a very dangerous trend after this. Neil you know sometimes i stay up to pass along some incredible news, comments just kind of reek of chutzpah. This is out of white house. Josh earnest saying it is about time that the gop passed a bill on time, referring to this measure to provide funding for our infrastructure and the like even though it is combined with an Exportimport Bank funding they have been typically late on all these measures, that they have a history of being late. That they keep kicking the can down the road. Im thinking to myself. Self, not casting aspersions on either side here, this is the same white house ignored its own Debt Commission, ideas to get spending under control and ignored logical Early Solutions to prevent these government brink shows both parties have part in playing. Like me coming to make a national statement, you all have got to start eating right yikes jan burke here, great read of governments gone amok here. Looking not only what is going on in china and how the markets there are revolting over a government that might want to step back, easier said than done, but as you point out, my friend, no difference with our markets having problem with Federal Reserve stepping back, each depend depth on the government. Absolutely. They are all seem to be dependent on government. Europeans are dependent on the central bank. Were dependent on the fed. Neil what happened to us . Weve learned all the wrong lessons from 08. What we learned from 08, the government created crisis by keeping Interest Rates low and increasing Housing Market we redoubled that. We need government to prop stock prices up. Need government to keep economy going. No, we dont. The economy does best when the government gets out of the way. The economy does best neil there is a fear factor, go back to the time of the bank rescues and everything, that you dont want to know what will happen if we dont. Well never know. That is a power grab. That is how government grabs power by scaring and fearmongering. This is the history of authoritarianism. Neil under george bush, under republicans went all for it because everyone got nervous. This is not democratic or republican thing. This is statist thing. People who believe that centralized power, centralized control is necessary. This goes back hundreds of years, thousands of years. Neil you and i were talking during the break are old enough to remember there was a time where the markets worldwide recalled at any government intervention. Now they recoil any signs of government backing off. Because government fed the markets. Think of last six years in the United States. Think of qe, 1, 2, and 3. Government basically printing 4 trillion of money people believe have gone into the markets. Neil i know it is a game but what do you think . I think economy would be healthier and growing faster. Unemployment would be lower. Real unemployment would be lower. I think the unemployment would be a lot lower without all of that. What exactly should the fed have done out of the financial crisis . Who knows exactly but, qe, buying up debt en masse, buying mortgagebacked securities en masse cant be right solution to the problem. Having freddie and fannie today being larger buying bigger percentage of mortgages before the crisis cant be solution. I thought after 08 we would get rid of freddie and fannie. Neil they were exempted from any of the harsh punishment. We fined banks over 200 billion. We create ad Banking System afraid of its own shadow. Afraid of making loans. Neil im not apologists for them. Find itself because Small Business in America Today suffering, there is entrepreneurship, for first time last year we had more businesses close than we had new businesses created. Now that is real tragedy. That is so unamerican if you will. This is the land of entrepreneurs. Neil ultimate chutzpah we criticize chinese for propping up their markets but thats what were doing. It wont end well. Japanese tried same thing in early 90s. Look at them. They have 20 years of stagnation. A lot of it has the government answers the markets very hard for them to exit. Like entitlements in the early in the show. Once you establish entitlements hard to get rid of them. With the government buying stocks and bonds. Neil thank you very, very much. Well, are you a whole foods fan . A lot of folks are certainly around here. Theyre all thin and very fit. They love it. One time i went in there and i ordered two pounds of arugula. And it was not two pounds t was 1 1 2 pounds and they charged me for two pounds of arugula. From that moment on i was just eating meat and potato chips. What really happened at whole foods and why now whole foods is coming back at the media for saying its your fault. Whoa. After this. Hi my name is tom. Im raph. My name is anne. Im one of the real live attorneys you can talk to through legalzoom. Dont let unanswered legal questions hold you up, because were here were here and weve got your back. Legalzoom. Legal help is here. Straight up we made some mistakes. We wantown that and. Neil owner of whole foods may be food scale rigging. I dont know if you ever do this go to the store, coiled cuts pound of baloney or two pounds of arugula, im more in the latter camp. All of sudden you realize it is not quite the weight you ordered but a little less and being charged for the full weight. This is something happening in some new york stores. But now the company is saying it doesnt like being portrayed as doing this across all of the stores. So somehow cheating owl of its customers. Company saying in statement, something went viral in the media and hurt our trust. We do feel like were victims. We have Lizzie Macdonald and John Layfield saying blaming the media is probably not the way to go. Especially media loves this store, right . The media hasnt taken on whole foods and their skyrocketing prices. I shopped in whole foods and a lot of grocery stores, their prices are really high. Neil cant find a ring ding. No lays potato chips. No lays. One thing he said, he is not doing anything differently than other supermarket as well but didnt names. That is peevish and churlish of him, not really, youre going to rat out other grocers theyre overcharging as well but not say who . Neil john, in this case happened in new york stores it was prebought food. In other words you dont go up to the deli count irper se. Have a sandwich or Something Like that, premeasured you think youre paying for measured rate but actually paying more because it is not that. But, it happened in just one area. Does the store have a point . Or is this a more common practice were learning about . John . Well, im sorry. Neil caught up on the allying la thing getting cheated. Go ahead. Exactly. A rueing law threw me off completely. The problem is not reporting of news. The problem is the news t wasnt one area, but eight different stores, and it was 80 items and all 80 they took as test sample were priced incorrectly. If this was mistake be priced on both sides but they were all in favor of the store. One new york city inspector called it the most egregious thing that he has ever seen since he has been inspecting different stores. For them to blame the news reporting on this to me is very disingenuous. The news here is the problem and samestore sales having a problem since mid 2013 that is the big problem. Neil that is big worry. That is a big worry. At a time where you have groceries basically delivering food to your home like fresh direct and other grocers coming up, whole foods is seeing heat and feeling heat from competition. Here with what the city inspector said, worse case of overcharging, what about gas stations overcharging too. Neil good point. He may have been a little hype every ventilated. I think john mackey sunday the gun. John layfield is right comparable samestore sales last week of june were really bad. He had to come out to Say Something. This is really about Customer Trust in whole foods. Neil they didnt have ring dings. Any of that horrible stuff. Drake fruit pies. Neil dont get me started. Whole foods, i warned you. Thank you very much. A lot of warnings to the irs commissioner better send over emails, start providing stuff Republican Congress wanted and now there is hell to pay. The commissioner says he has very good reason not to provide these. The judge said youre really dragging your feet and keep doing this, you will be dragging your fannie right to my gavel. To gerri willis on that and what is going on here. Gerri . Well look, i spent a lot of time with these 20 pages of the transcript in front of judge Emmett Sullivan who has been trying for entire month to get the irs to produce emails from lois lerner. Wanted them to produce emails every monday. They made one deadline. That was it. Finally, this is like a divorce proceeding. It is really bitchchy. I will have, haul into court the irs commissioner to hold him personally in contempt. Personally. He describes the excuses he is getting indefensible ridiculous, absurd. This is really contentious. The judge here is saying he wont stand for it, not anymore. If koskinen wants to come in front of him he will happily hold him in contempt. Neil thank you, gerri willis. Might have been hearing some frustration on part of Chris Christie going after a poll that said he wasnt doing at that well for all the time in New Hampshire in New Hampshire. And that the poll doesnt reflect progress he has made. Is his problem really donald trump. If donald trump were not in the race would Chris Christie be doing better in this race . New jersey and joe piscopo takes the governors side after this. What im out there talking to folks nobody in the real world asks me about this. Nobody. Right. But every time i get on a media show, all anybody wants to talk about is donald trump. Can a business have a mind . A subconscious. A knack for predicting the future. Reflexes faster than the speed of thought. Can a business have a spirit . Can a business have a soul . Can a business be. Alive . Time now for the fox business brief. Im Connell Mcshane. Looking at shares of under armour, because the stock, there it is, just under 100 bucks at record high for third day in a row. Under armour has been on a tear here, up a little less than 1 . Over last few days doing great. Fifth best performing stock for the year in s p 500. Well not tell you the other four. You have to guess. Skechers from sportswear to footwear, a pair of sneaker stocks hitting record highs. Skechers is one of them and there is the rally for one week, up close to 150 bucks a share. Good earnings there for the Second Quarter. The company has been benefiting for strong shipments from the backtoschool season as well. So that is doing it for skechers. How about nike . Lifetime high. Pulled back a little bit. But hit a lifetime high earlier today. One more before we break. Well squeeze in twitter. Fell at the open, fresh 52week low. Neil back, more coast to coast in just a moment. Neil all right, it is all a republican cabal. Look at josh earnest on this whole planned parenthood dustup. I know there has been an effort on the part of some republicans to try to, to play some politics with, selectivelyedited videos this is tactic weve seen used before. Neil all right. Now, i said this before, i dont care if youre on right or left, these are not selectively edited videos. If you want to put a bunch of selectivelily edited, what do we do on this show, fox news show. We lifted those individual comments, one at a time, to hear about what kind of money you can get on open market for fetus parts from hearts to kidneys to other organs and other stuff that came out just so over the top, it doesnt bear repeating. I wouldnt want to unsettle you. The fact of the matter is, joe piscopo says this is an issue that isnt funny. And that whether youre prolife or prochoice as we discovered on this show, this is something that is hitting a chord. A lot of people find offensive. My gosh, were more concerned about the lion. More concerned about cecil the lion. That is true. More people tearing up about the lion which is terrible in its own right. But to harvest body parts from a fetus, neil . Neil none of debating what you get for pristine organs in the open market for fetus parts. None of that was doctored or edited. Dont get fooled. I, from the white house, they will actually say that . Theyre actually neil rightwing cabal. Ive seen republicans do this with democratic criticisms early on where were the weapons. So it is fair. I understand that. What i think is unfair to then take this and posit in a way to make people forget about the core issue their folks over at planned parenthood doing and saying this kind of stuff. Dont think that is the is bible bangers or religious right. This, and you put it so well, it is just on any level, in any regard, this is wrong. Neil it is wrong. It shouldnt come from the white house. Neil it is but should not. Chris christie showing polls not making any traction in New Hampshire. Oddly the enough the poll that shows it that donald trump is. Is donald trump more than a poll, his biggest problem . Yes. I clearly, because the beauty of Chris Christie for me and again you know i sided with the governor because it is a jersey thing but i love the way his plain speak. Neil you are blindly loyal. Im not blindly loyal. Neil run for governor, you need him . No. Just, you, i my problem is neil, i meet the people, i like him. Neil he is very likeable guy but he is inn trouble. He plain speak, shut up, sit down. So jersey i love it. Donald took all of that way abecause donald is doing it right now. Neil in the same poll he bemoan, comes into New Hampshire, hammites . , people from second favorite guy. Did you see him oneonone, did interview with local tv guy in New Hampshire. Neil he will survive this okay. Were drooling for the debate. We love the debate. Like watching super bowl. So exciting. They have the big debate and kids table for neil incredible. It will be fun to watch. Neil you think christie does okay . That is debate because donald will have to be specific. Neil will you watch him in New Hampshire . Youre polling below the favorite second guy senator cory booker said dont underestimate Chris Christie. Im just saying. Neil a guy trying to hook his wagon to somebody. Wow. Thank you very, very much, my friend. This is something that hit home with me about the Record Number of millenials living at home. And, millenial shamer Charlie Gasparino is here. He says this confirms everything he said about this generation. I can see my demo numbers as we speak. Are you moving forward fast enough . Everywhere you look, it strategy is now business strategy. And a partnership with hp can help you accelerate down a path created by people, technology and ideas. To move your company from what it is now. To what it needs to become. Neil all right to Silver Spring, maryland where youre looking live at an empty podium. We found out that it rates. Heres why. People think, someone will speak soon and so, obviously we have got to be on it. This is Hillary Clinton. Wrapping up meeting with aflcio leaders in Silver Spring maryland. Theyre a little concerned about her position on trade deals ultimately orchestrated by her husband. They want to know, are you stuff youre preaching now how do you like the deals, is that you or you and your husband were doing back in the 90s, is that you . So well see how she kind of threads that neat dell as charlie needle. Charlie gasparino says shortly. Trish regan, another big name. Bill gross. Bond gazillionaire. Trish the bond king, right . Remember for years at pimco. He went to janus. That was big news when he made that move. But he is being quite critical neil, perhaps in your camp and my camp here, when it comes to the fed and policies that Federal Reserve put in place. He is really questioning how you can be six plus years at zero Interest Rates. So one of the things i want to talk to him about, and one of the things i like to get at, whether or not the Federal Reserve is inadvertently creating a whole new asset bubble. We were talking about puerto rico the other day. Making the point with Charlie Gasparino, i wonder if all of those mutual funds and all those momandpop investors would have gotten into puerto rico if they really hadnt been pushed so far out in the need for yield, right . You can get nothing on that cd. You cant leave your money under your mattress. So youre out there trying to find some kind of a return. Suddenly you wind up in puerto rico. Neil yeah. Not a bad place to wind up, i might point out. Just not as an investor. Neil bill gross will come up with you. He is fine one to criticize the bubble. He became a billionaire off of it. I look forward to that chat. Trish neil, one more thing. Granite staters, that is what you call people in New Hampshire. Neil granite staters. Not live free or die. Trish were serious folks. Neil duly noted. Thank you very much, trish regan. I dont know if you guys heard this latest development here but apparently a lot of millenials are staying home with mom and dad. Mom and dad protecting them, providing cover, paying everything, because the little darlings cant make them on their own. Im not talking about you, sweetie pie. You make yourself comfortable. Ive Charlie Gasparino gas. Catherine sims. Charlie a millenial basher. This feeds your beastly sentiment. Confirms everything ive been saying. You didnt believe me when i said they were lazy. Neil doesnt make them lazy. Just living at home. Eating off mommy and daddy. You didnt believe me. Now we have hard statistics to back it up. Im a little too lazy and dumb to answer you know. Did you enjoy yourself on National Review. Not on National Review crew cruise. Got your facts wrong. Neil wait a minute. What theyre saying young folks, not like you but that many mirrored number have to stay with mom and dad because you cant cut it in the real world . Thats one thing is employment. If they have jobs or not. But they might have student loans. A lot of other millenials still in school. They stay at home. They go to community college. They save money. Charlie, that that is a financially smart move, right . Youre not against people making chip mole tee. He doesnt like chipolte. Great argument. They eat rahman noodles. Neil you cant be this idiotic. I want to know what do they serve on National Review cruise . Do they serve steak. I wasnt on the cruise, charlie. Neil 42, 43 of young people they eventually do get out of the home but takes them longer. It takes them longer. This is the problem with them. I think neil theyre needy. Theyre needy. They have been brainwashed a lot. They have also here is where the boomers have screwed up. They have to reeducate. Neil parents of these . They have to reeducate kids from college. They think welfare june rent was 3 1 2 times higher than previous year. Fifth year in a row there sin crease. Am i supposed to feel sorry for you . I grew up in the 70s and bellbottoms. I grew up with bellbottom. A fact it is harder to move out. More expensive to move out. Neil you expressed your views i grew up in a time with disco music, bellbottoms youre talking about higher rent . Neil i understand. I understand. Give me a break. Neil for you young people at home on the couch, eating us out of house and home not getting a job, you might want to take a look at this. The senate is voting on shortterm highway bill. Much like you they dont have the money to pay for it either. Well have more after this. eeeeohmumohweh hush my darling. dont fear my darling. the lion sleeps tonight. hush my darling. man snoring dont fear my darling. the lion sleeps tonight. woman snoring take the roar out of snore. Yet another innovation only at a sleep number store. Neil Hillary Clinton in Silver Spring, maryland, talking to reporters after meeting with aflcio officials. You can bet the ubs and relationship with the Investment Bank and big funder of Clinton Initiative will come up if she does take a lot of questions. On the right, what is going on in the senate a measure to provide funding to keep infrastructure paid for in this country. Good luck on that. Trish regan right now. Trish neil, thank you so much. Welcome, everyone, to the intelligence report. Im trish regan. Battle of billionaires. Donald trump firing back at new york city mayor Michael Bloomberg after his Media Company said his mead candidate is not worth as much. That he is worth less than 3 billion. He said im worth more than 10. He is personally offended by all of this in true trump style is going for jugular. He replied about the report claiming bloomberg was jealous. They did it on purpose he said. I think theyre a disgrace. And the knicks time i see