Transcripts For FBC Cavuto 20140917 : comparemela.com

Transcripts For FBC Cavuto 20140917

Responding to the ebola plague, good luck being the better. Especially since it killed 2 400 in west africa and the World Health Organization fears it is spreading fast. Maybe ebola itself, dr. Scott gottlieb was an early critic of official responses to all of this saying we had to get ahead of this and now. He says if the white house is going allout because there is indeed a risk of this thing not only mutating but maybe going airborne. Doctor, very good to have you back with us. Thanks. Neil im wondering maybe all of this is in response to a very wellwritten column you had not too long ago i think in the journal where you outlined the issues at stake here. Are we responding now too late . Not too late it. Certainly is a robust response. You get the sense were playing catchup. For example, what we announced today are resources going into the country of liberia, the virus spread well outside that region, we need to consider all of western africa and flood with resources, liberia has been stricken very hard but the other countries need the resources as well. Neil something is off on the math here, when they looked at this as a half a billiondollar contagion. Recalculating what . Higher casualty estimates, what . The World Health Organization has done a poor job measuring not just the scope or the initial outbreak but the continued spread. Seems to be spreading much faster than it has in past outbreaks. Two additional infections, and thats a higher infectivity rate. Were basing policy off that information in the field. We would hope the cdc is on the ground developing models, were going to start to get a better handle on this. Neil all the fears that this goes airborne, all bets are off on that. What do you know about prior contagions where it jumped that line . Still unlikely a virus would mutate in a way we change its mode of delivery, it would become an airborne infection the same way as flu but such a catastrophic event, if it happened in this case, its not one you want to take and why you want to get control of. This the reality with ebola, you get exceptive mutations. The virus is very sloppy and leads to a lot of changes along the way, so you are going to get excessive mutations, you have a high viral load. So that leads to more mutations per inspected individual. Every time someone is stricken with this, you get the chance you get migration, and that might be occurring. Neil all right, were told all the time this is pretty much contained in the african continent, no need to concern ourselves, even a number of african airports reopen. And im wondering whether theyre getting ahead of themselves . Theres a continuum of talking about the virus changing, a continuum of change that it can undergo. Between what it is now and what it was in becoming a fullblown airborne infection, theres a lot of things that can happen. For example, one of the reasons the virus doesnt spread through air particles, it affects the livers of patience not the lungs. If the virus lodged in the lungs of infected individuals, that could lead to more widespread droplet transmissions, so theres a lot of things that can happen. We know the virus is mutating. We have studies that published to show its mutating. We dont fully understand how its mutating. For every new infection youre seeing more people get the virus than in the past. Its in cities where people are closer proximity to each other or the virus is more contagious. Neil thats worse, its clearly gotten out of the remote villages and therein lies a real crisis if it gets out of hand there, right . Right, this is at the point. The cdc director, take his word for, it said its at a tipping point. And the president used very bold language, bolder than ive seen the cdc director use in the throes of the contagious threat. Neil youre the expert, when people are measured in response, they are in legalese, something prompted a dramatic 180 . Right, we hope its enough what the president is doing right now. Its certainly a bold response, the world isnt doing what it should be doing. The United States stepped up with a big effort. Other countries at europe are at more risk than us and not doing as much. Neil thank you, good seeing you again. 3,000 troops fight ebola, former verizon ceo says that doesnt add up. Very good point. Thank you, neil, i hate to sound cynical about this, but one of the things that goes through my mind is, is this president once again trying to change the focus of the media onto ebola from all of his problems with isis and his domestic problems . He has a history, no matter what it is, the va scandal, obamacare, immigration, i could go on and on, about how, when the media hangs on his problems, he attempts to flip things. So my question is by the way, neil, i do not want to downplay the importance of finding a cure of containing ebola. Its a tragic disease. On the other hand. Neil does it warrant this kind of response, do you think . Especially the administration we knew said it didnt. How can we send 3,000 troops to combat ebola and half that many or less to combat isis . Neil because with isis, they are confident they can deal with air strikes, you cant do that with ebola. A lot of experts said you cant do it with air strikes. Further on the ebola. Why is it in west africa we dont need a coalition of International Countries to work with us to solve the problem, and yet we need the coalition in combating isis . I dont understand. Neil the president said he hoped to get a coalition to address, he didnt use the words, well lead the way on the ebola thing. The immediacy of the response and the tardiness of not only addressing isis, of ebola, acknowledging a crisis along after a crisis. As a ceo, do you think thats risky leadership . Of course, its risky leadership, neil. Theres no question in my mind. What comes to mind also for me is, is this a half baked plan . If were going to have a plan, a strategy, lets make sure, were told this president is so careful about what he does, why are we so careful about isis and all of a sudden we have flipped relative to ebola. A couple of neil we flipped on isis. The jv team doesnt worry about them, theyre a threat, we want to obliterate them. Were in a war, not in a war. Ebola. Seems to have taken a lot longer to address the isis problem than the ebola problem. Thats where i go to my cynical self. Neil you dont know whats coming next because you dont trust the leadership . Im sorry to say that there is a history that has been built up over time of distrust, and where we see this is, at least in large part to me is constantly trying to change the focus of the media off of his problems and onto another issue. Why do we always have to look at things through a political prism . Why dont we try to do number one, whats right for the country and for our people, and number two, if you will, whats good for politics. Neil all right, and then you woke up, right . [ laughter ]. And then i woke up. Neil good to see you my friend, former Verizon Wireless ceo. When he was running that company, you kind of knew where he was coming from. Fighting terror by scanning faces. The fbi has this hot new technology that can recognize any one of us, tens of millions, sometimes an eye, mouth, nose, and then youre in their database. What if youve done nothing wrong and youre in that database . Judge napolitano says way off base. 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He goes against the grain, and raises his hand and gives you a warning when he sees everyone in the middle hooping and getting excited about something. This latest technology where the fbi can recognize your face, anyones face, virtually anyone in the countrys face. Sometimes all they need is an eyebrow, a side view, whatever, they can reconstruct that, relate it to a database, maybe youre in there with hardened criminals, and all you did was stop by a starbucks. Thats the kind of stuff that worries the judge because this technology that allows a supposedly to be kept safe can also safely bury our liberties in the process. The judge with me now. Scary stuff. Yes, and its a very nice and flattering introduction. I appreciate it. Neil you have been warning about it. We have to keep raising a flag here. The constitution has baselines in it. A bar over which the government must jump before it can start any investigation or keep any records on anybody, and that baseline is called articulable suspicion, a legal phrase meaning that the police can state in words what an individual has done which is inconsistent with the law. When they dont have articulable suspicion and investigate somebody or collect records on them, they are violating the constitution. Without this bar of articulable suspicion, we become like the stasi in east germany where they can investigate anybody they wanted. With this bar, we stay free from the government which has a danger of expanding in power. You might say, well, this bar, this thing on the constitution is an impediment to efficient police. Yes. Its supposed to be impediment. Without the impediment we are a police state. Would we be safer if the police could take pictures of anybody . Knock down any door . Arrest anybody they want . Yes. Who would want to live in a society like that . Neil if youve done nothing wrong, you have nothing to worry about, you say what . Worry about your dignity and personal selfrespect to expose yourself to the government, to allow the government to take pictures of you and do anything they want with the pictures. Neil apparently 25 million now it will contain 52 million. You werent kidding when you say you go starbucks, when you go outside the building, there are no doubt people from the government prepared to take pictures. They match eyebrows and eyelashes and teeth and smiles. They can reconstruct it later . I doubt it if they intentionally do it for you. They dont have the bodily features to reconstruct you. Neil if you do it falsely, then thats a whole other can of worms . They are not permitted to store information about an individual or commence an investigation about an individual without being able to say ahead of time what the individual did wrong. Neil but they are . Correct. Neil and no one stops them post all the revelations. Correct. Congress never authorized this. Neil are they their own little police. The original abuses came to light and the president said nothing about them which says wow, this is a separate little kingdom going on here . Many fbi agents are the reason we are free, theres a hierarchy in the fbi which will not hesitate to cut corners to make the job of the agent easier if that means to lessen our freedom. This is another example of that. Neil you were a fine judge, and im sure many a decision you made might have been based on proof or image or something was provided that provided unequivocal proof that the person accused was at the scene, and it might have been involving a street cam or Something Like that. Neil look, if they take a picture of a fire and the arsonist happens to be in the picture. There is no problem with that. If they follow to you take pictures of you and reconstruct your face and pictures of your eyebrows and eyelashes without believing you have done anything wrong. Neil judge, we have this taken from the street cam, this guy walked by, thank god for the street cam. Later in life you will come back as an analyst. This is the means by which we got this bad guy. Better than 1,000 guilty men go free than an innocent people go punished. And better that 1,000 guilty people go free than people rights violated by the government. Madison and jefferson and hamilton would be turning in their graves if they know the government they established would be doing this to us. Neil god, with the wigs and everything out. Thats why they wrote the Fourth Amendment to stop this stuff. And unless they prosecute somebody on the basis of the picture, no one is in a position to challenge it. Neil im going to put you down as a maybe on the new technology. [ laughter ] do they have pictures of your facial and bodily image . Neil well, im all over the internet. Usually i find a ponderosa. Im all over the internet. The biggest ipo in human history. Heres the thing, were not pulling that off, china is. Who says these guys dont know a lick about capitalism. Let me be the first to remind you, theyre teaching us capitalism. Sfx opening chimes sfx ambient park noise, crane engine, music begins. We asked people a question, how much money do you have in your pocket right now . I have 40, 53, 21, do you think the money in your pocket could make an impact on something as big as your retirement . Not a chance. I dont think so. Its hard to imagine how something so small can help with something so big. But if you start putting that towards your retirement every week and let it grow over time, for twenty to thirty years, that retirement challenge sfx crowd cheering might not seem so big after all. It hurts. You doin . This is what it can be like to have shingles. A painful blistering rash. If you had chicken pox, the shingles virus is already inside you. As you get older your immune system weakens and it loses its ability to keep the shingles virus in check. I just cant stand seeing him like this. Hes in pain. One in three people will get shingles in their lifetime. The shingles rash can last up to 30 days. I wish that there was something i could do to help. Some people with shingles will have long term nerve pain which can last for a few months to a few years. Dont wait until someone you love develops shingles. Talk to your doctor or pharmacist about your risk. Neil you know at first blush you think its a character out of aladdin, alibaba, the ecommerce giant going to be the biggest stock option offered. Forget it can raise 25 million bucks and valuation close to 70 million bucks. If alibaba pulls this thing off, its market cap leaves amazon. Com in the dust. Think about that. In communist china eating our capitalist lunch well fbns jo ling kent why you should care about alibaba, lining up interviews with all the principals and weve got this guy, yes, you know him. A fox business alert. [ laughter ] no goatee. Neil Charlie Gasparino is here, sans goatee. Before we get to the news of the moment, why did you shave it off . My wife let me see slash last night, the exguitar player for guns n roses. Marriage is about giving and taking. Such sage advice. Neil im not getting rid of it, im not getting rid of it. You are engaged. Im engaged. Should i be taking notes . All about compromise with the significant other. Neil its shaving. Charlie gasparino marriage counselor he took a lot of grief because people thought he looked french. As you get older, you will understand what im talking about. Neil here we are with alibaba. Have you all the principals, the head of it, former teacher, right . Yeah. Neil big, big money almost too anticipated. Are they worried about it . Seems they are approaching it in a very measured approach. The shares were repriced, up and arranged from 66 to 68. Neil you dont often see that this late in the game. You dont, and may see increase thursday night before it starts trading. Reason people need to know about the stock and the company is theyre doing such incredible business in china. Dominating 80 ecommerce there in china. There are risk factors that go along with that. You have the Chinese Government, if they change the rules about ecommerce or logistics, that could change their mind. Neil or speaking mind on the web. They dont specialize in too, too much media. They could expound on that. Especially in the third and fourth tier cities. Whats so interesting about alibaba, it is the story the Chinese Government wants to see succeed. That is one of the biggest factors driving why could this be a stock that you could potentially invest in for the longterm. There are certainly risk factors involved. Neil the nasdaq isnt getting a piece of it . Im very skeptical about the stock. Neil you were skeptical about jesus. But more concerned about this company. The company ive written about a column on it, it basically says we operate under the sort of under the auspices of the peoples republic of china. The communist party runs our economy, and a very direct way, we are open you. Could make that about any company. Yes, this is the biggest. This is a big deal and i would just say this. If you buy a share of this stock, you are betting on the Chinese Government doing the right thing. This is a government it has the handsoff approach. No. For hong kong, that situation is changing rapidly right now. The Chinese Government said they may allow free elections for 2017. There is no doubt the Chinese Government has a major influence. Alibaba represents a lot for the average chinese consumer. Neil wouldnt you want to encourage that . That would be the logical incentive. But like you said, risk factors are numerous. Theyve been changing the rules mid game a lot with the companies. Remember what youre buying here. Neil a lot of American Companies say the hell with it. Think about the Corporate Structure here, alibaba created a structure where its selling shares from a bermudabased company. Cayman islands. That company itself is a crazy Corporate Structure, alibaba is insane Corporate Structure, im not saying its enron, its enronesque. U. S. Securities lost control of that Corporate Structure. Neil you are saying bottom line the investors this stuff in china which the revenues flow to that, is controlled by the Chinese Government and they have canceled licenses with these type of entities. Neil cu

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