Bill if its passed. The fact is the legislation is not altogether different than legislation introduced in the last congress. And you will recall we put out a Statement Administration position that the president would have vetoed the bill had it passed the previous congress. The president wouldnt sign it either. Lou ernest also confirming that congres define a fulltime work week as 40 hours would be met with a president ial veto. Just two hours later the president was claiming he was ready to work with congress. Im very much looking forward to working with it. Already have a chance to say happy new year to him and confident that there are going to be areas where we disagree, and there will be some pitch battles. But im confident that there are enormous areas of potential agreement that well deliver for the American People and we have to make sure that we focus on those areas where we can make progress together. Lou doesnt sound promising, does it . President obamas comments came moment
Ago, whatever plan he had then is over with. This is a new election. The deal that he had a year ago, that does not count. For republicans and people to say they dont understand whats going on, i have a problem with that. The republicans deny anything he puts forward. The president left his vacation and came here. Theyre not being fair. Republicans say they are christians. Theyre not. They did this during his last term and now are causing and all of us to suffer because they dont like the president. This is personal. This has nothing to do with raising taxes. This is a personal attack and i think its a shame. We look like a third world country. We dont look like the United States. Host lets get a republican voice. Our next caller is calling from west bloomfield, michigan, on the republican line. Good morning. Caller i would like to get your thoughts on a balanced approach and have unbiased taxation by using a flat tax. That way you can calculate the amount of taxes we need for the defi
Most heavily populated states, means you are seeing newcomers are not welcome, existing renters can not buy houses, our children cannot buy houses. That is not the american dream, to stand in the way of our future. Host the book is entitled american nightmare how government undermines the dream of homeownership. This is from drake cinders what land use restrictions would you approve of . Guest a buy support local homeowners imposing their own i would support local homeowners imposing their own restrictions. This is how it works in houston, which has no zoning. Half of the residential neighborhoods have restrictions. If you live in a neighborhood without restrictions, you are allowed to petition neighbors, and if 75 agree, you can write covenants and restrictions for your neighborhood. If the developer says we think your neighborhood would be more valuable if we changed it, and we will pay you to change, you can vote to do that. That happens all the time. You get an evolutionary system
Cavuto. With my panel here i have a distinct minorit view. Theyre very big capitalists, and theyre very big on gouging you, so now that you know that, lets bring in denny strigl, ive got my fox allstars as well, gary b. Smith and david asman and tracy byrnes. All right. So explain to me, denny, how this and why this makes well, first, thank you for that nice leadin. [laughter] neil whatever i can do. Look, neil, why shouldnt the people who use the most service pay for it . If what average pricing gives you is that the people who use the most service are subsidizing those who use less service, that doesnt do you buy the companys math that this wont effect 70 plus of users . Because i thk thats a lie. Yes, i do. Neil you do . You think its a lie . [laughter] no, i dont think its a lie. These are not dumb people. And they understand that their job is to keep the customers they already have and to get new kansas hers. It has customers. If theyre gouging, their customers are going to tell t
We have a number of stocks to watch this morning. All names that reported after the opening bell. Amazon posted a quarterly loss nearly double wall streets consensus. The results were hurt as the Company Continues a rapid pace of investment. Amazons cfo says the company is spending more than 100 million on original video content in the third quarter. Were going to be talking to an amazon analyst coming. Up lets say that again. Amazon analyst coming up in the next half hour. Visa posted betterthanexpected earnings and revenue. Thats mostly because of growth and cross border transactions than been slowing amid a stronger dollar. And starbucks earnings amid the street. Stronger than expected and take a look, that stock still down by about 2. 5 . Andrew, well send it over to you and the big question is, did you get picked for jury duty yesterday . I did not get picked for jury duty yesterday. I have one more day to go. Supposedly you do two days max if you dont get picked. Im hoping its a