We love hearing from you, good night from new york. Who needs a hot miss alabama in the stands . Cbs has a ton of cool cash and a drop dead gorgeous super bowl record on its hand, sold out as the bilge game is still big game is still weeks from oforget 4 million bucks for a 30 second spot is worth the price of the game. Imagine if we clock the same rate, ogling the quarterbacks girlfriend just watching the game, a little dirty, but undeny abily, pay dirt. I am neil cavuto, believe it or not it took seeks longer than other super bowl broadcasters in the past to reach this sell out point but as ceo Leslie Moonves thought, why not cheat when kuwait and score. Considering the economy that many argue is slowing. And a Financial Sector busy paying billions to a government that is just settling. For a super bowl that said big spenders would not be there, in the end, too many big spenders to count. Maybe there is more to this super bowl thing. We could do worse than hang our helmets on a game, just look at this, sold out super bowl, forget economic health, we completed a hail mary pass, it seems fair after them play game we come out the better for the real big game, time for us to super score. You get your minds off this miss alabama thing, for gods sake. To the experts to whether the sellout means well be ogling better than expected economic numbers. Jim, every year they sell out the ads. Nesthese are eyepopping number. This is a dicey economy and they are eyepopping, what do you make of it. They are, but so are the rights fees, you saw nfl negotiated 10 year deal after a Labor Agreement a couple years ago. The rights fees for the games are ex orb tan they have to make up the money in the super bowl and playoff, each network is in the rotation every year, they have to make it up here. You know advertisers dont have to sign up for this, why do they . They want to get in front of 130 to 150 Million People and those eyeballs, everyone talks about it they score the advertisements they talk about it over the water cooler for days, they have a life of their own, they go to the internet, a lot of people who are casual fans do not know a lot about football, they want to join the party, and many just want to see the commercials it has become an event in itself. Neil is there an indicator for all of the big spending ahead of a super bowl . It is every year will be bigger than activity last year. The super bowl overtime is getting more important, more people are watching and the price is going up each year. This is so important for advertisers, that is why they are in it. They have nowhere else to go. There are no big mustwatch see Television Events leak the super bowl any more. It far exceeds any other event during the year. Neil well they could have come to my show, but biggers cant be choosers. Jonathan, what do we read into this. A very eclectic bunch of advertisers, normally it is the beer makers and food guys. This is bullish, there has been only three times that cost of that 30 second ad went down once was in 1991 after this recession, once was in 2001 after. Com explosion and once in 2010 after that economic collapse, the fact that ads sold out and they are getting 4 million bucks for 30 seconds is a bullish sign. The market and theic ha economys been stag plant for been sta. Interesting, jim, i know you guys forecasters are the greatest. Look at this, and i think, it i paid that amount of money, and my commercial is going to be, lets say, in the fourth quart quarter. And the score is like 480. I have just wasted a lot of money. Well, yeah, but what happens if you pay in 4th quarter and we get the first overtime game, and everyone is paying attention. Neil i hear you, that is a huge roll of the dice. It is, but Audience Research indicates that people stay through the trophy presentation, people want to see the champions crowd, they want to be part of the celebration, they want to see what happens, and they want to be tail to talk about it. It does decline if it is a blowout. Wweve had bad super bowls in the past but the advertisers know wha they are doing. I am not an economist, but it seems that people go on vacation even when they are not doing well, there are certain things that advertisers do not give up, like there are certain things that people do not give up. Neil by the way, not everyone goes on vacation, my inlaws for example just come to me. Laura, what are we looking at . This is just, you got to be there, you stake your claim, a lot of eyeballs, it is a oneevent. It doesnt mean much more . Well, you have to hope you got a lot of attention just paying 4 million for 30 seconds, and 8 for a whole minute, does not mean that people will remember the ads, a couple, linkin spending 8 million and using tweets, i would not bet on that one, that is a brand hard to turn, not ought of the als are going to pay off, but this is a chance they are willing to take because there are no big tv evens. But for the big guys like budweiser and cocacola they skier year after year, it is the place to be. Neil, everybody who is watching the super bowl has Academy Award vote. Maybe that money is well spent it reminds them right before they have to send in the ballot. It might be but it does not mean it is well spent. That they remember it. And have a message associated with it. Neil all right, johnny. With the scale of the audience, neil, were talking about 100 plus Million People, 4 million for a company like coke, last year had a manager a Marketing Budget of 11 billion is a pittance. Some Companies Put their entire budget all their ad month oonesuper bowl dad. Neil remember go daddy. S some we remember it they keep doing it. Neil they dont get the bang for the buck. I want to thank you all very were. Poor jim, saying, i am never doing this again. Thank you. I just want to sign up to come to your house for vacation. Neil done, i have some in laws that would love to have you. Coming up, unions are making threats and throwing punches, that is just the start. Union honcho is joking about killing, and the Mainstream Media is burying this story. Can you imagine, if it was the other way around. But first Jurassic Park lead leaJurassic Park 3dhitting t, just in time for tax time. Rex the economy. We got to go. Officemax can help you drive supply costs. Down. And down. Just use your maxperks card and get a case of x9 paper for only 1cent after maxperks rewards. Find thousands of big deals now. At officemax. All right, does mitt romney remember this number, 47 pay no federal income taxes, and a wealthy minority, like mitt romney carried majority of the tax burden, but the government is not paying attention, instead of hitting up those folks, going straight for the rich. Pushing irs to audit them more. Not as if they are getting hit enough but hit again. I dont think it makes sense, goodness gracious, taxes to be voluntary, people should believe the system is fair, and be willing to pay taxes for Government Service they get that the way that government should be run, but when you audit them and chase the down it gets to be a system where they are trying to get around it rich people can hire lawyers, and account acts, tax defer specialists, when you see a group of people hanging with the president , dont think it is a group of people from the street telling him what it like being poor. This is just disgusting. We should have a low rate flat tax where everyone pays the same percentage. Neil i agree with that, but we dont. That is where the money is, you go after the rich. There are 12 times chance of getting audited if you are over a million a year. I can understand that. Neil what happens then, is that there must be success. Because they get a lot of money doing this. The rich either are hiding stuff or they are right targets. Im not sure they get so much money from it i think they believe it puts in a fear factor, people then really report more correctly on their returns if they think they are going to be audited and prosecuted. I dont think they get m that mh more. Neil what explains 12 audit rate for the million. That is where they want to put the fear factor in. No audits in lower income groups, we know when you drop tax rate on highest incomers, revenues go up, they dont go down, the rest of the population, when you drop tax rates revenues go down, but not with highest income earnings, they dont find it worth while trying to get around the taxes, once you get taxes fair, you will find the rich paying tons of money. Much more than 2d. Today. Neil what is the mood . Is there a sense that the rich already, not too pleased about paying higher taxes and higher medicare, and related taxes for the health care thing, and now they are being audited up the carteyingyang, that is not a grt to the year. Not a great start for the country. It seems like that is an antirich world, we want to raise the bottom. Not pull down the top. The top people, they are those who employee the lower income people, and replaced in future years by the lower income people who move up the ranks, an income tax prohibited poor people from ever becoming wealthy, rich people already have their money in Capital Gains, and estate famous paintings. Neil not so long. The poor people, only way they can become wealthy, and they can only do that by earning income, to issue fair and square, this is a guaranteed way of keeping the poor down. We should have a low rate fan tax. Neil ill leave it at this, art lapre. Thank you, neil, i thought back on jack kemp you are talking about super bowl, he and you were Close Friends i know, i used to go to the games with him all the time, talking about him brought back a lot of good mem mes. Neil a star on the field, and off the field. Did you know he broke his finger, and he broke it, he set it on a football, it was his passing hand, he set i so it fia football perfectly. Neil that is funny, i did that one time with a beer mug emy god, there you go. Neil art lapre, thank you. Putting a leash on your dog is fine. Putting one on a giant ugly iguana water, bu weird. Puts an electronic neil are you prepared for weird . The tracking device that had a 15yearold girl trekking to court, a Texas High School issues students i. D. Badges with built in tracking tips, saying it moon entered attendance, one girl objected on religious grounds and got suspect suspected. After taking it to the judge, he sided with the school. To be brief, should see be forced to wear that badge. Reamerica eamericai says ni. This is a badge with a g ps tracking device, first thing is their child is going to be monitored. The same way any other gps device works. Neil a lot of parents might welcome that. But there are serious implications to students First Amendment rights we know, our United Supreme Court said they do not shed when they go to school. The second issue is her religious beliefs, she believes this School Identification badge is synonymous with the mark of the beast, those who believe this, this is synonymous with the antichrist or the devil. Does she really believe that . Her attorney said on several occasions and under oath on the record that he believes that Young Students beliefs are sincere. And that is really the question that the court has to focus on. Neil who better to know the mark of the beast than the lawyer . Im kidding. Kidding. Kelly . Well, on top of the fact this does not follow scripture to the letter, this is not a First Amendment issue. Neil wait a minute, i. D. Badge mentioned in lavidicous. The scripture said a mark of the beast on the hand or forehead, this is an i. D. Badge. When her family objected, and they said this against their religious beliefs, the school said fine well take out of gps part but you have to have an i. D. , you can be expelled from school for failing to follow a handbook or violating a dress code, say they we are responsible for your safekeeping, and we need funds, the family said ni this goes against what we believe, they said fine well compromise, no gps, and students and her parents said not enough. You bridge up a good bring up a good point this is not school save the or education this is about one thing, money for the school. So were dealing with funding issues. That is education. If they wear the badges, they will increase attendance levels and therefore increase funding. That increases education value for students. You cant say that money does not equate education. Neil you say, that is not the issue . It is a financial incentive, but what is bothering me, at the end of the day, money equates to more school population, books, education equals funding, better teachers, higher paid salary toss say this is irrelevant, and a different issue, no. I didnt say irrelevant. I think it is a slippery slope. Here is the thing money is more important than religion. It is important. The school is not in the wrong, they said okay well give that you exception the and family said no, that is not enough. Correct because she is not going to drive she does not want a drivers license. Taking the function out of the badge, it changed the fact it is weird, okay, iish we could go on. It is weird. Neil im, im trying not to defend either of you, i issue in the en you talked over each other, that i appreciate in the end you talked over each other that saved a lot of time. Neil and tea party is violent . After unions come to blows in washington and the media is ignoring it . Ready to kill, they were ready, like off with their heads. [ roasting firewood ] many hot dogs are within you. Try peptobismol togo, its the power of pepto, but it fits in your pocket. Now tell the world daniel. Of peptobismol togo. The disparity in this country the labor leaders of that time, though, were ready to kill. Neil are you kidding me . Halftime, that completes full throttle union trifecta. That Chicago Teachers Union basboss talks about the good old days what unions were ready to kill to get what they wanted. That is just the beginning, remembering bashing the pinata with governor haleys face on it or union guys in michigan throwing punches last month . The Mainstream Media ignores issues like that. But quick to call the tea party receiving end. He is not surprised by the latest double standards, that is over the top, someone punching you in the face is one thing. A union member you know, waxing poetic about the day they could guys like me, more guys like you, you are wealthier than i m this is not a shock. Looking at unions in u. S. They have operated tough a history of intimidation tactics, Union Representatives come on fox news, the network is fair and balanced, they allow people to speak, they are falling back to the abyss of irrelevant from which they came, they say that unions built america, unions did not build america, americans build america. They would throw around accusations, i dont remember, the tea party, the lineup over there at msnbc, said that the tappertaries are speaking through tea partiers, speaking through valued racist. And meanwhile, the unions are saying off with the heads of a rich, it is dubbal standard . Standard . Yes. Am i surprised, no. They risked this celebrity president into office, you talk about big oil and big pharma. If people look at top political donors, 15 of the top 20 are unions they give all their contribution to democratic candidates. Neil you are right about that. And all union money, better than 400 million to the campaign, by far the largest from a single industry for lack of a better word. But having said that, i always think that you know, incidents like what happened to you at the rally. And what happened you know, with this wacky union member talking to likeminded clueless nuts. I really think they are the exception than the rule, i would say to the media. Cover just the same like you might cover, a sporadic incident that occurs, rarely, i think a lot less frequent just be fair. If you are going to pick apart and blowout of proportion, a indent say at a conservative rally, go ahead, but by the same token look the people who were beating you up or listen to this woman. Hold on i would argue with that at that point, i was not beaten up, i was repeatedly punched in the face. But hh never got me down, ray. Neil i apologize. Its okay. Neil you probably had it coming for what its world. , you cant ask Union Members a question for which they might have an answer with which they disagree. Neil did you know what you were going into . You could kind of tell, i thought if i were around when customer were there and custer, and i am surrounded with indians and arrows, i would say this is not looking good. You must have realized, this is not looking good. I dont know if we can say indians any more, i think we have to say native americans. No, listen, i did not think i was going to get punched in the face, did i understand that these people were animals, yes. They follow me on twitter, i went into the tea party and insulled them to their face, and told them they were members of an angry mob, and gave them nicknames, what to you think about shawn their response was that is very rude, how dare you. You should leave if you dont to be here. Union rally, i asked a respectful question, and they punched me in the face. This is not an excep exception e rule, i think this is the rule. Neil i am trying to be fair, and balanced. That is your job. Neil i im kidding. Steven, good sees you, stay out of trouble. Thank y, my face cant handle any more. Neil a gutsy guy i tell you that. Anyway, they need to make up, cut a deal and avid a crisis, only one guy can bring them together. Together. Mr. Love before copd. I took my son fishing every year. We had a great spot, not easy to find, but worth it. But with copd making it hard to breathe, i thought those days might over. So my doctor prescribed symbicort. It helps significantly improve my lung function starting within five minutes. Symbicort doesnt replace a rescue inhaler for sudden symptoms. With symbicort, today im breathing better. And that means. Fish on symbicort is for copd including chronic bronchitis and emphysema. It should not be taken more than twice a day. Symbicort may increase your risk of lung infections, osteoporosis, and some eye problems. Tell your doctor if you have a heart contion or high Blood Pressure before taking it. With copd, i thought id miss our family tradition. Now symbicort significantly improves my lung function, starting within 5 minutes. And that makes a difference in my breathing. Today, were ready for whatever swims our way. Ask your doctor aut symbicort. I got my first prescription free. Call or click tolearn more. [ male announcer ] if you cant afrd your medication, astrazeneca may be able to help. Neil you know i always argued there is nothing sexier or more romantic than the debt ceiling. We could hit the limit around valentines day, february 14. Get out the roses and chocolate or go to the poconos for a romantic get away. You will love penn hills in the nearby poconos. If youre in love neil or you can just call chuck woolery, the former Love Connection host could be only guy capable of bringing both sides together, chuck, i am telling you, playing tongue in cheek. But i think that nation needs someone like you to bring them together. Do you really think i could do it . Neil i do. How would you. Here is the method i would use. Obama goes to boehner and sings a sexy al green song lets get it on, boehner started to cry, and puddy in obamas hand. Neil i dont know if i want to see that. Neil, that is the way it is from now on for 4 years, i dont know about after that, but the taxes have not really kicked in. Obamacare taxes have not kicked in yet. Neil you know, you did very effectively on the show, i dont read a prompter as you know, move up here here we go. You are much smarter than i am. Neil you would do this and get people who were having issues and resolve them on the spot. Or settle differences or clarify something. I think that is what were missing in these talks. We dont clarify positions or say, look, you are being an idiot on this, im being an idiot on that, how can we be less idiots to get to this . It is because, washington is corrupt. It is not broken it is just totally corrupt. You have two parties who participate in this corruption, and i mean, im a conservative libertarian, i normally vote republican. But, sometimes i have to hold my nose to do it you know what that is like, so do a lots of our viewers. Im not a real old style republican. Democrats, i have no idea what happened to them, my parents were democrats and they dont resemble anything my parents used to vote for, what happened to the party . And a well the people say what happened to Republican Party they have no backbone, they never had a backbone, come on since Abraham Lincoln there was no backbone. Neil but, from your ex per yen, there was a point, whoever you talked to resigned him or herself, to all right im going to did this, or this is the best of what i got, ill just do it you got them to resign themselves to it or the least of the evil choices, i dont know what, but somehow you got them to that point. We cant even do that. It is so selfish, they are so interested in their own position, and their own ideology no one is willing to move, the compromise is, i hope people out there understand that the i can not on the date or how were getting along, congress does not they dont care about the American People. That is the disgusting part about this. They care about reelection. Every time they create, and let me emphasis, create a crisis, and then they come right up to the edge, then they solve it. And tell us how great they are because they solved to crisis they created. Were supposed to fall in love with them. And im tired of it i think that the American People are tired of it i really do, were fed up to here with crisis after crisis. And you know we have no money, they are talking about closing the government. The last time that government closed of during gingrichs time, what happened in we had a planned budget at the end, so maybe we should close it down, and we are still able it pay our bills, only 40 of the government cans not working. Neil it might be a blessing. It might be a blessing. Neil we hang unon the Love Connection. Absolutely. Neil thank you very much, chuck woolery. Thank you, thank you. Neil a very smart guy. You know there super hero, does not only look good in tights, as you know. His budget numbers hold up to the simple test of truth, justice the american way, step [ heart beating, monitor beeping ] woman what do you mean, Homeowners Insurance doesnt cover floods . [ heart rate increases ] man aew inches of water caused all this . [ heart rate increases ] woman 2 but i dont even live near the water. What you dont know about Flood Insurance may shock you including the fact that a preferred risk policy starts as low as 129 a year. For an agent, call the number that appears on your screen. Neil all right citizens im back. As if i dont have enough to do. You citizens of this great democracy come over any prompter so scroll up, time to wheel and deal, and simple options for spending reductions that can work and work now, these are not my ideas, these are the cbos ideas, the congressional about budget actually has a blueprint for getting out of this congressional quackery. This gathers more dust than the Debt Commission report this debt Congressional Office thing is clearer, better, and more doable now. We could quibble with the menu choices to trim spending, but on these two sheets which im holding here but it would be two sheets like this. Thebooffers trillions of dollars that is right trillions. In savings. And not a one, not a one, starves grandpa or puts kids in the poor house or takes a single americans house, the top ones pound the lot ty involve very little, things like simply reducing growth and spending in some of the biggest programs like defense. Dial increase back by 1 a year, you are not cutting it, you are taking away the increase by 1 a year. And some go up better than 10 to 50 a year, you do have that are with defense 861 billion over 10 years. Ern anyears, the same 1 stano nondefense spending. Eliminate innercity rail subsidies that do not benefit innercities or railroads, that is there are 30 billion, and student loan inrights to interest rates,52 billion buckse point. And there are a lot of easy and effective even painless ways to raise sere you bucks, speaker, why do not folks know about this . Well you know back in 2006, we put together a package in the house, that cut 450 billion mostly in the du duplicative spending. By the time we got out of senate it of the 40 billion but we did it in the house passed it twice. Neil i think wall street looking at the consideration b oceans ideat cbos ideas,trd run to the races if this were approved. I agree. This is common sense what you articulated. Look an American Business when they spend more money when they bringn, in terms of revenue is a burn rate, our burn rate, u. S. , is the deficit. So that is where you start. What do we do about the burn rate . How do we slow it down . Stop it . How do we get fiscally responsible. You could start with discretionary spending. And the subsidies they are talk otalking about years ago, they have no place, but our elected officials are only focused as your other guest told you, reelection. Neil but if you think they were open to what seemed simple fixes, rather than, 88 slowing growth of medicare as with you know giving grandma alpo, smart minds would say ha is not true. Aircraft agree, i think that a lot of the rhetoric that gets the American People excited is misinformation and positioning by one ideology versus anoth. If you cant to the American Public and told them the facts, whether it be Social Security or you name it, they will do the right thing, we just have to give them the appropriate information and the solution. Neil saker, you are gate at great at negotiating, they gave cover to other. And i think each side wants to rub the others nose in it right now, right now republicans are on the losing side. And arguing with the president 40 to 1 deal tax hikes over cuts took a better of them and left a lot of soar wounds. Talk about a fiscal cliff. That is orchestrated confrontation. If you you need to cut the deals. You need to have the agreements before you get to the cliff. If i were to fault anything that is the problem. John boehner came two years ago to speaker, said he will change the way that washington of doing business. And i think maybe he got pushed wrong way, im not sure. Neil when you do a deal, speaker, i always think that the other side has to look like it is winning something, as well. And there was no quid pro quo in this deal. You know that it was 401 in tax hikes over any cuts. And that even if you are the other side, getting that deal, you know that is not a good harbinger of things to come. And you know it is going to make a future where other side feels angry and taken advantage of. The deal, agreement was supposed to be tax increases and spending cuts, we got the increases,. Neil right. The cuts are not there. Neil so why did they accept it . I learned a long time ago and coaching that the guy down the barber shop on monday morning can out guess what you did. I was not there you let ito to the last minute, have you no leverage, that is what happen had. Neil right. And are you didnt do it like this the night before . No, we couldnt. One of your points, one party has to look like they win. That is thegenous of the problem. It is not about the parties, it is about the American People, and they lost that practic pers, it is more of reelection, and their posture and kicking the other guy down, the republicans in my opinion blu blew their position. I would have put on the table immediately. I would have said 500 instead of 4, i would say we have to raise taxes, you have to increase spending then i would have turned around, president had high ground after the election, you match it. Speaker, that is what they did not do, they come out with that general election consequences we do not agree but we will sign on. Eawere opposed to it but were agree, all of a sudden they dont likely obstructists any more. They went to pass the 12th. And you cant go that far. Neil well do that with the debt ceiling . Dont you think well do that with this two month extension we got with the automatic spending cuts . Well do that again, right . The leverage they have to debt ceiling that get to spending cuts, debt ceiling will be there you have to adjust it somehow, lets get to spending cuts. Gross domestic product is the president said we dont have a spinnin spending problem. Congressional black caucus said leave the entitlements alone. And with show much left off the table and feeling emboldened by polls that say keep sticking it to the rich. When are they going to do anything. That is the problem, you have to cut on some indict illment, and you have entitlements. Neil i know you are right, but the democrats fils feel the wins thwind isat their back. The issue is any spending increase, and any tax cut has to start in the house of representatives. When you give that up. Game over, joe, now. You talk about the balance of tax hikes. In terms of tax hikes . My friends are not going to like this on wall street, if you dont have paid in capital in hedge fund you should not get Capital Gains treatment. You would be i would be surgical at this point. Neil you would i would take away certain subsidies with taxes, including this one. Neil tea party say that is a tax hike you tell them what . I tell the tea party to go to hell, you cant send somebody to government and say i signed in blood i will never raise a dollar in taxes, how do you govern . It is insane to accept that premise. Neil would you tell your resisters to go to hell. No, all of a sudden you dont have members to work with any more. We should get rid of the members. Neil maybe go to heck. That is anarchy. That is why he is all right, thank you very much. Well follow this closely, allen simpson. Remember him . He makes joe sound like an altar boy. Wait until you hear what he wants to do, k