Transcripts For FBC Cavuto 20140927 : comparemela.com

FBC Cavuto September 27, 2014

And say this is so, kind of like all americans are winning the lottery and it is happening now and it is happening everywhere and i am betting it is going to put a smile on your face. Welcome, everybody, i am neil cavuto. He reported Terror Threat we may all face and an angry fbi of all things slamming google and apple for parenting not doing their part. What has the fed fuming is all the phone data they are not sharing. Heres what has fbi director furious. Apple and google are marketing or will be marketing phones that you cannot hack. The latest smart phones are so smart their encryption so secure even with a search warrant Law Enforcement officials cannot penetrate them. It is a matter of National Security that they be accessible. Especially with the heightened Terror Threat these days so is that his way of saying google and apple have a patriotic duty to do what he says or else . To the author of how google works, executive chairman and one of the worlds richest individuals, eric schmidt. What do you do when the fbi, i think it is kind of threatening but i could be wrong. The fbi has a Legal Process called the patriot act that allies court to get whatever it needs and we always cooperate with those things. I am not sure what else theyre asking for, but we want to make sure it gets there, but has to be through a lawful process. Neil they are saying even if they were to get the phone to a lawful process even with the phone in hand, you made technology so advance they cannot get into it. That is only true if the user has their own password. If it was known to google, we would give it to the fbi. Neil do you know it is going to be very difficult to do . Because of the attacks on the servers the last few years, all the Technology Companies have moved to very strong encryption. So our position is pretty straightforward, we follow the law, there are people and so forth, but encryption is there to be sure no other person gets active to that. Do you worry looking after the customers or users now you have the government angry at you . Nobody wants to terrorism or do any of that. I disagree with the premise. We actually publish such request 10,000 per year. Maybe we should do more, but has to be through the Legal Process. Neil what concerns me with these companies is their marketing something to allow people to place themselves above the law. That is certainly not true. Neil you would be cooperative in that we need this information . Absolutely. Neil it comes at a time with the heightened Terror Threat. I have subscribed to the belief anytime this threat people think privacy concerns put them in the back seat and everything people were going crazy about, they forget. What i worry is the Terror Threats will distract us from building a fantastic country, investing in our future, all of that kind of stuff. I would much rather have us as a nation making america stronger, people, education and Gross Domestic Product in exports and all that kind of stuff. Neil whatever youre doing has gotten news corp. Including wall street journal, others with saying what you are doing is a gateway for pirates to spread malicious networks and you are contributing to the problem. He published the response to that point by point. Say the two countries disagree. In googles case our products are generally free, it is very hard to respect, copyright and we have many monetization opportunities for partners like fox. Neil what he wants to bring if you are the big boy on the blo block, modernday microsoft trying to squash competition in this area. That is also not true. When the characteristics of google is we worked very hard to have a large number of areas be a part of the ecosystem, large amounts of money going through the players and fundamentally we dont agree with these assertions. We worked for three and a half years to come up with a settlement that they have asked for additional requests from google and we are evaluating that now. We have tried to accommodate them. Neil going back to thinking about microsoft at that time, the big threat, is google that today, and do you feel constantly under the microscope as result of this . Google is under the microscope because were in the information business. Was we presented, which should be taken away, the right and all that. The fundamental difference is the internet does not allow companies to block access. Core strategies to make sure software would only go through these channels. The internet is so open. Neil you can really track anyone and everyone. We dont track anyone and everyone. When these claim your hightech nsa, what do you say about that . Theyre doing it of the relative comfort. The fact the matter is they did not participate with the u. S. Government invading the privacy in any way. In fact, we know from the Edward Snowden revelations that the british version did in fact look at eternal data between the servers. We have now fully encrypted our systems. With such a strong reaction as a company the data you use on google is now encrypted on the hard drives as well as between a lot of our servers. Neil was changed from when you first join the company, the google guys were looking for stature and respect. Now it is just this huge human a lot of people admire and a lot of people fear. Did you think google has gotten too big for his britches because it in denvers these things . I was completely wrong, i thought search didnt matter too much. So google has been a company of enormous surprise for us who are fortunate to join early. How do you manage hypergrowth . What type of employee want to nurture and promote and how to recruit. One of the things we say is at the end of the book Many Companies would worry about a startup, review this has fantastic. The ecosystem of tech built in the united states, a network for freedom, export for empowerment, enormous motive jobs, not just google and facebook but another one and another one. A Great American story. Neil everything you do gets peoples attention. I guess remembering back to what you are saying about an organization, yo the question te commitment, just Climate Change and all. We want no part of you. In fact he did next level to say if you do not recognize it as a serious problem, you are lying. People can respectfully disagree on this. I think it was in artful of me. Climate change is very real. It is very real. Neil there are many who disagree. When you and i were younger, there were the front page stories and that was the consensus for the community then. Many, many thousands of people have analyzed this at great length, Climate Change science is happening and i would encourage your readers to study it. Neil they were saying the same thing 40 years ago. In this case the trends are very clear. Clear. Rising sea level and so forth. The important thing is people should study this on their own. All of the viewpoints and out encourage to follow few points not funded by anyone. They wrote it would not be feasible and they were wrong too. Neil what you are telling your shareholders is i dont want to be a Business People who dont see them as a problem. You are saying they are idiots. You wont do business with them, right . We had a disagreement over the regulatory structure but that is not important point. Climate change is a real and happening phenomenon, it is time for us to address it. Neil the talk was had an opportunity for the treasury secretary. A truth to that . I am a very happy with google. Neil we have earned and politics was never. Neil why . Situations not for politicized, they are for misalignment. We are better off trying to make america a better place in my opinion. Neil youre a big backer of the president. I am. Neil how do you feel now . They wish some of the things he had proposed with happen sooner or would not have happened at all. Neil is the defeated . Rand paul has a libertarian strain in the tech community. He has been an effective voice for hightech and he understands us pretty well. Neil do you like Hillary Clinton . I do. Neil would you serve in her political camp . I would not. Neil the last question, given what has happened with google, how does that change your perspective . You tal talked about keeping pee engaged, you would like to be around people elected that way, how do you do that . You could possibly get bored. People who joined early did it after the other than it was impactful. I have decided to spend my time trying to get the world connected. My core religious or personal point is that the world is better off with an open and free internet, this is why we went to north korea and cuba and so on and so forth. I spent a great time in china trying to convince them to open up. The fact of the matter is the world will be a safer place when we are talking to each other, communicating and understand each other better. Also, the charges of economics, building the knowledge of the future is better done when the internet is connected. Neil risley said the toughest challenge is when all the cars in the par parking lot turn into mercedes and bmw and have more money than they know what to do with, i have to keep them jazzed. People dont necessarily work for money. They work for power, passion, persistence, it is a social logical activity. We talk about how to achieve that. Google has been remarkably successful because Senior Executives stock to the message. Make the world a better place, get information out there, the next three to 5 billion people joining us on the phone were enormously proud of that. Neil it is a very interesting read. Lot more after this incident government agents try to figure out neil a lot of subway riders on hot alerthigh alert. A potential attack on a subway system, but telling them that they are coming soon. Why arent we raising any terror flags at home . Mark hanna joining us. Tracy byrnes. Tracy, should we be at high alert . New york subway system is probably the most vulnerable in the world. Whether or not this happened is irrelevant. People should be on alert. They are probably here already. I have to recruit more people. They have to do Something Big and fabulous. Isis is probably going to do something and the subway systems are the Perfect Place for them to do it. Neil it is out there, it is being disputed, that is enough. We have to be careful we do not get into this prime minist prime minister. Neil he was amusing. He was spit falling in the halls of the u. N. General assembly. About a potential terror attack on the united states. Neil where was he hearing it from . He is from the middle east has unique sources. You have to be careful before there is a credible threat just imagine the amount of economic damage, imagine the hysteria. I trust american authorities, i do because of how well they have protected us since the 9 11 terror attacks. If they knew and chose not to tell us to thwart any plot i would be fine with that because this city is on high alert and has been since 9 11. That is a valid point. You are doing their job 24 7. They check every alert they get. We should take comfort in the fact what they dont tell us maybe they dont need to tell us. I saw these hercules teams of new York Police Department officers checking bags so there is a high level of alert. Not necessarily related to any specific threat but because the u. N. Is in town the police are doing everything within their power and i feel safe, most people should. Britain has a much more serious problem. And i think new yorkers are used to it. People dont understand that. We are used to this and we are not easily intimidated. Because a lot of these terrorists are homegrown. We have an open border. Neil so you would have just chilled with it . The commissioner actually said we are on high alert. Here in new york they are doing everything. Every time you walk through times square, was no who is notg for a bag . Neil everything i see is unusual. It might seem like the world is filled with bad news, but there is some great news happening right in front of you. I will share it with you right after this. This video is going viral, dropping an Engagement Ring in the water while proposing. Why this says really all you need to know of why marriage rates are dropping. Could we be more jaded . Hello. You can go ahead and put your bag right here. Have a nice flight. Music plays music plays traveling can feel like one big mystery. Youre never quite sure what is coming your way. But when youve got an entire company who knows that the fewest cancellations and the most ontime flights are nothing if we cant get your things there, too. Its no wonder more People Choose delta than any other airline. Neil a lot of bad news from the middle east, u. S. Drivers are seeing gas prices plummet, and implement across the country but with middle east full of this chaos a lot of folks are saying it cant last so why is it costing less to fill up . What is going on . U. S. Oil producers, give them a pat on the back, how did your local refiner. What we are hearing is oil revolutions, person most gasoline since the 1980s and such highquality we are yielding more gasoline than ever before. It has been locked in and not contaminated by sand or sulfur or all that other gunk that gets into that stuff. It comes out almost prerefined. Refiners have to do little to turn it into gasoline. So much so it will change the way we refine oil in this country going forward. It is just amazing. Neil i have no idea what you just said. I think what he is saying is we made a fuss and fear over nothing and despite the volatility in the middle east, it will more than compensate. All this Great Technology he explained how we got neil did you understand it . Pretty much. Regular gas for 3. 13 per gallon. Springfield, missouri, under 3. We havent seen prices like this in a long time. In fall the the switchover to te cheaper stuff. Neil what if it is a slowdown in the economy and it is reflecting that . Every year around this time prices do drop a little bit this is pretty exceptional. Some Analysts Expect in 30 countries we will see prices of less than 3 per gallon. You can find i less than 3 r gallon in at least half of the lower 48 right now. Production has gone up and we owe a debt of gratitude to people producing and i will Say Something not often said on this show, for the criticism president obama gets, he has been pretty effective in abstaining from any kind of protectionist policy. Gas has been drilled, more oil drilled and the gas has been explored since the late 80s. Not on purpose so. They have prevented the level. Neil if the prices are collapsing to the degree mark points out they are, maybe that is not such a big deal, what do you think . Now it is not as big of a deal as you think. The Obama Administration, this is an administration that says we will never throw ourselves to oil independence. He is wrong. He is criticizing big oil. We are already producing more oil than we import. They have been doing that into last year. We most certainly are. Are still going to need Renewable Energy at some point. Neil we can do it all. Why are we cheering about gasoline still 3. 34 per gallon . More money in the pockets. What about 2 . What if we really did everything . I think we will see lower prices. Neil unfortunately this story is. The u. S. Stopping isis from making money, but what about all the money isis already has . Only took about half a Million Dollars overall. We are told. How did we ever get neil these are bad guys with a lot of money. Isis has a huge cache cash pile. If billionaires retire, theyre still billionaires billionaires, right . How do we get the money isis already has . General, what would that be . Neil, think of this is a longterm strategy. Denying a sanctuary particularly in syria, stopped the momentum and economically as he referred to two. As you saw the last two days going after the oil refineries. Neil what do we do about the money they have already got . Bring in all instruments of National Power. The military action you see in syria but this will take not only u. S. But help and support from other Coalition Partners. Neil sometimes we would be surprised Coalition Partners are those helping them out. That is a good point. That is why weve got to think in terms of not just military scale, the entire approaches. It is a very important connect the dots. Financially. Not just for the next several weeks but over the years we have to make sure of this stuff. Neil whatever database we put together, certainly intelligence officials had to be aware these groups are acquiring a lot of money looking at banking transactions. We relate appreciating the enormity of that. Will we ever get on top of that now . Again, the focus of this campaign is just the beginning. Another way to look at this is a tooth and tale aspect. Their ability to wage conflict and war and so on and so forth. The financial, economic back of this, make sure not only approach the tooth, but also kill the tale. Neil will he find out it led to some of what he thought were our friends . In my view we have to put the National Power on the table and be willing to take those on the table and apply them as needed. I could mean other allies and friends we have to make a claim we prevent them from flourishi flourishing. Neil general, very good seeing you. In the meantime it is not if, but when. All but neil over the border now fighting overseas, the Defense Department is about to let Illegal Immigrants join the military, the administration maybe telegraphing it could be on the way and soon we are told us and i midterm elections, what are you making of this . We need to do something, huge immigration problem. Lets do something that makes sense for the country. Not blanket amnesty, but i love the notion of going to put these guys in the military. Something like th

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