With any investment related taxes. But while the devil may be in the details you get the big picture. The grand ol party is about revisiting grand ol gipper size tax cuts. Forget whose cuts are bigger focus whether this will prove a winning strategy. To the doctor of all things politics. Larry sabado former home depot and chrysler ceo, you say this is an issue that does interest the Business Community and great differentiator for republicans in general. Theyre for cutting taxes and the democrats are for increasing spends, you like what you hear out of these guys . Definitely in favor of restructure of Corporate Tax so we get a level Playing Field in a Global Market today. Thats very important. We need to come up with a fair and equitable Repatriation Program for Corporate America. I think the individual tax rate certainly should have a hard look at. I dont think any of this is simple, but i think there are a lot of experts, hopefully washington calls in some of the Service Providers like ey that know a lot more about tax and tax structure they serve over a majority of the fortune 500 company in doing taxes and audits. So i think, i think as a platform its perfect. I hope they dont beat up each other too soon in the primary. Neil thats going to happen, i think thats going to happen. Larry knows that better than we do. Larry i think big changes in the tax code or changes in taxes period come after a landslide election, one way or the other. We saw very big action after Ronald Reagans landslide big action for Big Government after fdr. Whoever wins it if republicans want the big tax cuts its going to take someone who wins big. Do you agree with that . Neil theyll need two things. One, they have to make it a big part of the platform during the campaign. So that no one can say it was hidden after the election, and second who would want to hike a tax cut. Wouldnt you want to put that front and center . Youd think so, it plays better in the republican primaries than it would necessarily in the general election. In the general election youre kind of pushed and youre going to have a lot of people saying, well, thats fine but how are you going to fill the revenue gap thats created by these tax cuts. You get into the old debate whether tax cuts raise additional revenue so you dont have to cut spending. Neil or that republicans get the rap for disproportionately benefitting the well to do . Disproportionately benefitting the rich and something changed since reagan. We have a 17 trillion national debt. We cant afford to add anything on top. So the parallel question becomes what are you going to cut, and dont give us the old line about waste fraud and abuse. I hear you. What specifically are you going to cut . One of the most intriguing elements in this tax cut to date, bob, has been i think something governor Chris Christie put forward. A way to bring 2 trillion that the Companies Hold offshore, by taxing 8 1 2 8. 75 . That would bring a way to bring all the money here get to work here, do whatever here. Hes the only one i can see of these guys who has proposed an incentive to bring it back . I think Corporate America would be very interested in anything whether its a 7, 8 , you know fee to repatriate the money, if theres something tied directly towards job creation tied directly to capital redeployment. Corporate america will be very much in favor of that number one, neil. Number two the hole people talk about would be created by tax cuts can easily be filled. For example lets not let the Energy Industry which we got dangerously close to independence, were down about a thousand rigs. Look at the revenue, 60, 70 billion dollars in taxes being deployed. Losing 95,000 a year for someone working on it. Lets work on the u. S. Economy at 2 10 gdp, forget the tax cut. Thats going create a hole for us. Neil it is interesting when you think about it, you mention history and the difference between Ronald Reagan now versus the debt and the problems now, but i dont know any of these guys, and maybe they can surprise me, and i include Carly Fiorina in the group, to advocate pers sayively as Ronald Reagan did at the time for a big tax cut, acrosstheboard cuts that stimulate the economy. Im old enough to remember there are many who argued at the wall street journal, a bit reckless a bit overdone could go too far. Who was that gang that you see is articulating it in a way that is close to reaganesque . Well actually several of them are talking about substantial tax cuts christie and paul and rubio among them, and im sure others will join. Neil right. Look this is where your debate comes in neil, on august 6th. Foxs debate with the republican contenders. Now i dont know how youre going to organize it with this many people running. Neil weve ironed it out, we invite them all, they say hi their name and wrap it up. No rebuttals. Neil no opening statements. A debate on, this neil. We need to have those three candidates and others who propose tax plans have a vigorous debate and show us what the plusses and minuses of these plans actually are. Neil very good point. You think were going to see that . Hear that . I hope so. I hope they focus on the issues in the platform and not spend a lot of time beating each other up in the primary and creating issues for the other side. Neil they always overcome the fight george bush senior said voodoo expects to Ronald Reagan and reagan chose him as his running mate. You never know. Larry until our next bet, ill let you go. Im like 0 in 5 in bets with larry sabato. A new report that says new regulations are costing businesses almost 2 trillion that is trillion with a t, you can believe that . American Bankers Association ceo and former governor Frank Keating says far too many of the regulations way unnecessary. Obviously its good to have you again, governor. They came with good intentions, but i wonder when a new regulation came in like i am with the ties many advocate take them all out, neil why do we just pile on the regulations . What do you say . Neil we have a federal system of government, there are 50 states. There are some states that say the only thing you can be forced to do is what the legislature forces you to do, there is no such thing as unlimited regulation. In the United States, in the congress weve moved in the opposite direction, Congress Wants to write a general bill and let the regulators determine the specifics. The regulators frequently neil, as you well might imagine have no clue what it is that the congress wanted done. If they want for example to go an economy than burdening the banking industry, which i have the honor of representing by thousands of pages of regulation, doddfrank alone is over 8,000 pages of regulation and the average Community Bank has 35 employees. How do you read all this. Neil Congress Throws this out there. Multiple agencies feel they have to weigh in on this. If its an environmental issue the epa has to raise in, and a security issue that overlaps Homeland Security it gets to be a mess is there any mechanism where they say, all right this will be under the purview of the Small Business administration, whatever, it seems that everyone adds to it by finetuning rules from their respective agencies on one regulation. Ive been on the senior level at three cabinet departments and i worked for Ronald Reagan in two of the cabinet departments. The practice in the past was to submit to omb, the regulations that you propose and let them scale them back or massage them. I assume thats the way its done today. Unfortunately people in the congress dont want to take the time to figure out what the statute should mean and say, and the same thing with regulatory communities depending on the administration. A lot of people like regulation, they think its good trt public. Neil whats dangerous governor you were ahead of the curve when they feel they can prove their worth in congress by how much they did or how many regulations they you into the law. That is a sense of their worth and a mixed up way to do it . Congress should review that. You want to be sure the vacuum isnt filled with bad stuff. Neil governor always a pleasure. Thanks. Neil is the president sexist for calling liz, well, liz. When you talk to Elizabeth Elizabeth is a politician like everybody else. Neil one feminist group is angry about that. Really . Really. When a moment spontaneously turns romantic why pause to take a pill . And why stop what youre doing to find a bathroom . 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Com just because im away from my desk doesnt mean im not working. Comcast business understands that. Their wifi isnt just fast near the router. Its fast in the break room. Fast in the conference room. Fast in toms office. Fast in other toms office. Fast in the foyer [pronounced foyyer] or is it foyer [pronounced foyyay] . Fast in the hallway. I feel like ive been here before. Switch now and get the fastest wifi everywhere. Comcast business. Built for business. [beeping] ooo come on everybody, i think this is my grandson. [lip syncing] little girl you look so lonesome oh my goodness. I see you are feeling blue come on over to my place hey girl were having a party happy birthday, grandma well be swinging dancing and singing baby come on over tonight. Neil you know it could be enough to make liberal lawmakers sick forcing them to eat their own health care pudding. It goes like, this signed onto obamacare, they have to sign up for obamacare. Imagine that. Louisiana republican senator david vitter says its fear, hes running into a fair amount resistance. Its a great idea. They voted for this and got to sign onto this as well. What kind of reaction are you getting . Not a great reaction from lawmakers who would be affected. Certainly the American People support the idea. Neil that would include you . You didnt vote for this obviously what are you going to do . No, i am on the Obamacare Exchange and i passed on this lucrative taxpayerfunded subsidy that other members are getting. Im not accepting that. Neil but you are part of the Affordable Care act. Correct. Neil okay go ahead. Yeah, this is important number one because of basic fairness. What washington passes on the rest of the country should have to live with itself. Number two because when you make the chef eat his own cooking, usually the cooking gets better in a hurry. A very practical issue at hand as well. Neil you know im wondering, though, normally when i dont see the chef eat his own cooking or the chef says i wouldnt order that one, neil im very nervous. Right. Neil this whole thing leads me to doubt how affordable the Affordable Care act is, how delicious it is supposed to be. All of the problems and run scombrins premium hikes, the administration said otherwise as if we should be grateful for low double digit increases and all that. What do you make of that and whether even those who would sign on have serious doubts . Why cant they be honest, we have to fix this . Thats right. They dont want to live in the system themselves. Thats fundamentally what were trying to change. Again, if we can get washington completely in the system under the same rules as ordinary americans. No special exemption, no special subsidy, i think it would be a powerful factor to make things better in a hurry. Neil senator good seeing you. Thanks. President obama has choice words on liz warren and the trade deal listen. Elizabeth is a politician like everybody else on. This one her arguments dont stand the test of fact and scrutiny. Neil you know what i do like the president is anyone who slights him, used to think it was fox, or just me anyone who slights him he goes nuts. Womens groups say no this isnt fair, not over the agreement but the way the president referred to senator warren by her first name, liz, elizabeth you got the feeling he wasnt a fan. Now its putting out this statement so i dont think you get the president a lot of things i dont think hes sexist, i dont think its bad to refer to somebody by their first name. I let Rupert Murdoch call me neil. Thats just me. We got sabrina here, susan here. What do they make of this sabina . I know terry well but have to disagree with her on this. The fact is the progressive Womens Movement loves to portray society, politics the workplace as openly hostile towards women, love to view the administration is lurking around every corner. While i am no fan of the president and disagree with him on many things i do not think this is a case of sexism or discrimination. This is perhaps we call it the casualization of politics today. Thats something very different. Neil yeah, suzy q, what about you . Kidding. [ laughter ] thats all right. Neil what an idiot, go ahead. I think its disrespectful because you need to respect the office and as the president of the United States he more than anyone should know that. But having been a woman in a male dominated industry the only female executive you have to pick your hill to die on, and this is not the hill to die on. Neil you found that offensive . No, i did not. I thought it was disrespectful definitely not sexist. Neil really . I think when someone has a position of that power she should be referred to as senator warren just like the president should be referred to as president obama. Neil okay okay what do you make of that on that level alone a little obnoxious, susan isnt going to the point of making a federal case out of it. What do you think . I agree with susan, i think there is something said for respecting peoples positions of power and offices thats a fair argument. The problem is too many on the left have defined everything in politics as sexist. Were certainly seeing this with Hillary Clinton running for the president ial flection 2016. We have supervolunteers who are out there to push back on sexism and the whole narrative is she will be swimming up against the sexist current. This is bad for Women Political figures in the system you. Might be offended by that. Do you think the president is subliminally sending a message that he doesnt flip over her constantly questioning him, and sometimes when you use a comment like liz or you are making it very clear even subliminally. I dont respect her. I dont think so. I dont support president obama. I think he was trying to show rap them, not to be offensive to her. Neil but you didnt like that personally. I didnt like it because it was disrespectful to the office. Neil is it me or are you sounding like a woman. Kidding. If you were the president i would not call you neil. Neil i want you to. Like grand anchor poohbah is not necessary. And kissing the ring . Neil it is not necessary. Finish the point, sabrina. The reality is women voters are far too important to the president and the Democratic Party to make a casual slipup like that. This is we should consider in terms of how we talk about people in general i dont think hes this glib. So the only thing out of this is up until now fox was evil fox was to blame. Now hes taking it out on liberals who question him. That was a welcome development. He said the loser neely boy on fox. Which was annoying. Thank you very much. All right, does this have anything at all to do with this . Because one democrat is using baltimore to push for still more bucks. Is it me but what the buck . Youre saying that budgets like this could lead to violence . Yes, i am. Neil well you know, here is one way to sell more spending, put the fear of god into people saying this is what happens if the cheapskate republicans get their way on spending take a look. If were not careful the have notes in this country will rise up like the people in baltimore. What happened in baltimore stems from deeper economic issues. Youre saying that budgets like this could lead to violence . Yes, i am. Neil okay. What hes saying is vote along with republicans and its armageddon. Really . To former minnesota senator tim polafrpgy. Im sure this is going to happen again and again and again. Quit calling me surely. Neil its incredible, right . It is incredible. The notion that incremental change in any one particular budget is going to insight or trigger rioting, looting, mass protesting, 247 News Coverage and all of that is really preposterous. Look there are some things where social unrest or peaceful protesting is an order but incremental changes in the federal budget isnt one of them. Neil wondered money, baltimore should be a stellar example to the world. On a per capital student basis, ranks second to new york as far as federal funding and like new york neither is lighting up the test scores. So im wondering if republicans or there is a response that they collectively have as a party to say stop the spigot thats not the answer . Sure, if you measured our commitment to areas of concentrated areas of socioeconomic disadvantage in most cases its more money than many other places. The way we have to think about it neil as you know, theres a high correlation between income inequality and economic disadvantage and education and skill inequality. We need to have a very aggressive conversation in this country about improving the skill level and educational levels of this nations youth, and people who need to take it under. Neil you and i chatted about this before, in understandable ways and either ads or just to prove that republicans are not the party of no i dont know when you say trillions on a war on poverty poverty rate is about what it was. The unemployment among minority youths is about what it was. Higher in some cities including baltimore. We got to quit beating that drum. That is not you, governor republicans are on defense . Let me give you the one example. One of the more determining factors is the quality and preparedness on teachers. I would spend more money on highly qualified teachers paying them on performance and results. Thats not whats happening now. Neil interesting idea right there. Governor, good seeing you again thank you. Good to see you, thanks. And then there is this. This is amazing this is good this is the best one yes yes woo . Neil sure it might look like theyre celebrating a new paper plane champion but theyre going nuts over our move to june 1st, hosting two hours in the heart of the business day, with major president ial candidates, major money backers, a whos who of wall street and main street in real market time. Cavuto coasttocoast because whos going to give you the most . It begins from the second were born. After all, healthier doesnt happen all by itself. It needs to be earned. Every day. From the smallest detail to the boldest leap. Healthier means using wellness to keep away illness. Knowing a prescription is way more than the pills. And believing that a single life can be made better by millions of others. Healthier takes somebody who can power modern health care. By connecting every single part of it. Realizing cold hard data can inspire warmth and compassion. And that when Technology Meets expertise. Everything is possible. For as long as the world keeps on searching for healthier. Were here to make healthier happen. Optum. Healthier is here. Neil after the wreck the rethinking another deadly Train Derailment adding to a string of highspeed crashes to tragedies like this make it risky for california and other states pursuing highspeed rail projects. Very popular for example in japan. Railroad accident investigator Robert Halstead says speed could have played a role in last nights accident. The next leap is whether thats an indictment of highspeed rail in general. Its not necessarily an indictment of highspeed rail. What it shows is combine highspeed rail with adequate protections of human failure, if that is the case here is. Neil if it is true early reports the train was going 100 miles an hour debatable whether it was still going that fast at a turn, which could be obviously very dangerous, is that in and of itself enough to sort of step back and assess why, why some train conductors do this . Well you know, weve had a number of accidents in the past that have involved Human Factors failure in some fashion or another. The recent derailment in the bronx comes to mind in november. We had a gentleman there operating the train who was severely fatigued and had an undiagnosed case of sleep apnea at the time of the accident. Neil there such we dont know about the conductor here. What im asking you is whether schedules on a train that might be running late that was not the case here whether we might compensate or reward those that have better ontime records and whether because of that we put this thing more at risk. What do you think . Well in my experience train engineers are not compensated any additional funds for being ontime, but if they are chronically late, that may well create a question on the part of supervision as to the root causes for that. Neil all right robert thank you very much. Well watch this very, very closely. Democratic congressman Peter DefazioWarning Congress about cutting amtraks budget. So i would hope that our friends on the Appropriations Committee are cognizant of the real world out there, of what happened last night, of what the Capital Needs of amtrak are and will not engage in a shortsighted budget cutting in an area where we have a 21 billion backlog. Neil kevin turley following all this says its way too early to predispose budgets are going to be cut. What do you make of this . First and foremost, our thoughts and prayers to the families who lost loved ones from this and the images out of philly where i grew up outside of it its terrifying to see the images. But on the flipside of that any time you have a topical type of situation going on in the news, it becomes rhetoric in the halls of congress, and i think that regardless of the merits of the congressmans policy proposal or what hes advocating for he is you know, using headlines to make a policy point, we see that frequently in congress. Neil kevin, since i was a kid battling over amtrak and whether it only benefitted those in washington who lot of convenience of the shuttling back and forth along the northeastern seaboard to washington, what have you, and that always said in the days of delaware senator for whom this was a vital link to get to and from work. I can understand its importance there. I recognize that its almost the only game in town, and thats why cutting its budget without having an alternative Train Service makes it dicey right . All Service Train or most of it to and from the washington corridor stopped today . Well i think that this is right wrong or indifferent, there is a frank policy discussion that is being had today. We were just talking about highspeed trains and whether or not this type of accident is going impact those discussions had in california. We heard from philadelphia mayor Michael Nutter saying today is not the day to have a policy discussion. I think regardless in the next couple of days and weeks and months ahead, this type of tragedy is going to be the catalyst for a lot of frank discussions, and again the merits of which coming from representative defazio remain to be seen. Clearly hours after the tragedy the discussions are taking place. Neil kevin one other quick thing, its going to slow the momentum and appetite for highspeed rail service. Japan might have it down, germany has it down there are fears that we dont or that we cant. I dont know if its fair or right but it will stall that type of talk, what do you think . I think theres a lot of conversations in the next couple of weeks on transportation funding, and i think that there is a lot of bipartisan support for Highway Trust Fund for example, but i think that the complexity is getting beyond that are going to definitely be complicated by what were seeing today in philadelphia. Neil kevin thank you very much. Just as a reminder as we say after plane crashes and the like, these type of events are the exception not the rule but they do make you stop. Well have more after this. [plumber] i need to be where the pipes are. So i use quickbooks and run my entire business from the cloud. I keep an eye on sales and expenses from anywhere. Even down here in the dark i can still see were having a great month. And celebrate accordingly. I run on quickbooks. Thats how i own it. The real question that needs to be asked is what is it that we can do that is impactful . What the cloud enables is computing to empower cancer researchers. It used to take two weeks to sequence and analyze a genome; with the microsoft cloud we can analyze 100 per day. Whatever i can do to help compute a cure for cancer, thats what id like to do. When we were young we wanted to change the world. So we did. We took a generation that was built on hope. And turned it into a generation that changed lives. And this life that weve built . Were not done building it. Security 1 lending is committed to providing valuable information to help you make Financial Decisions about funding your future. Home equity conversion mortgages are fha insured and let you turn home equity into cash you can use to pursue the life you love. Also known as reverse mortgages, these loans provide taxfree cash and eliminate monthly mortgage payments. So call and speak with a security one lending home equity conversion mortgage specialist. The call is free and so is the information kit security 1 lending will send you. We changed lives. And security 1 lending helped change ours. Security 1 lending. Changing lives. So many of them are pampered, loser, morons. If you ask a millennial how do you get out of draft . Theyll tell you to shut the window. They need to shape up stop instagraming the doughnuts they had for breakfast. Neil and all of you, get off the lawn bad news for bitter boomers the millennials are taking over, they heard a lot of that fair and balanced were going to hear from them. If they annoy them ill tell them to go. A new report says we better be careful millennials are now a majority of the workforce. We have christie and Katherine Timpf its not such a bad thing they are in the dominant role right now. You are looking at this hearing what boomer friends are saying that youre an entitled pampered generation all of you are ingrate. We dont eat doughnuts we eat egg white breakfast sandwiches. Neil enormous amount trouble to go to. Egg white anything go ahead. This attitude isnt going to help anybody all generations have a lot to learn. Neil you havent learned anything. I ask people for help that are older than me experience is one thing, different demographics they know what their own demographic was. A consumer or media trying to appeal to audience, you want as much input from as many people as possible you. Follow that . I agree with catherine. I think it might be scary because change is always scary and we have a whole new way of doing things and learning. Neil are you saying im not open to change . Im saying they think everyone is afraid of change. Neil i had rye bread rather than wheat. On a different level. Im an attorney. Neil thats the problem right there. That could be a problem but established attorneys tend to dictate id rather type it myself, i think we might be a little more productive to be immersed in technology the way we are, that is scary. Neil i think what Charlie Gasparino was saying, hes evil at any age hes saying you guys feel entitled. What do you think . I disagree i feel things have changed. Neil charlies got to get with the program. Exactly. Technology changes a lot. Neil and hes a fuddyduddy and a hateful fuddyduddy. Definitely agree with that. But technology changed a lot of things, we have the big businesses and older people who dont know as much about the benefits of social media. Neil wait a minute, are you saying were resistant to technology . The media takes a lot longer to learn it you. Didnt hear from me its going to be big. What do you think . I think this entitled thing, maybe comes a little bit from Obamas Administration saying well take care of you, we got. This makes us sound like were struggling a little more than we are. Ive been working since i left college. Imagine, that its crazy i know. Neil young people when you are young you tend to be more liberal, and you tend to be more idealistic nothing wrong with that. When you get on Charlie Gasparinos age, between 100 and 110. That changes. Were the future. Neil what do you think . I think my views are conservative, and i think were three great examples of millennials who dont feel entitled. Neil you are the only three. Pretty much. I know a lot of millennials, they all work hard, we have more than one job at a time. Neil what do you say to Charlie Brady and steven levy who are angry they are jealous . Clearly the future, you need us to succeed. Maybe dont insult us so much. Neil ooh. Interesting. I dont understand where its coming from. Neil a dark place a dark place. Were clearly not i dont feel entitled. Ive been working since i was 14. A lot of it comes from your upbringing. Im fortunate to have parents who were definitely supportive but because of them ive been able to pursue a dream. Neil were you all raised as good as she . You cant judge an entire generation you cant call all old boomers bitter. You obviously have respectful parents. Maybe hes mad because he doesnt have as many twitter followers as millennials do. Neil very good seems like a personal problem. Neil he has many many many many. Thank you very much. Just another side of this, there are very good kids out there today. All right well, you thought this guy was the only guy flying through the sky . Well, it may get a little crowded up there. Tomorrow, 6 00 p. M. Eastern time Charles Payne live in las vegas giving advice to 700 Live Audience members some young like this group here. Most of them not. Kidding. I have no idea. under loud music this is the place. Their beard salve is made from sustainable tea tree oil and kale. You, my friend, recognize when a trend has reached critical mass. Yes, when others focus on one thing you see whats coming next. You see opportunity. Thats what a type e does. And so it begins. With e trades investing insights center, you can spot trends before they become trendy. E trade. Opportunity is everywhere. The ones with the guts to stand apart join a league all their own. We live in a pick and choose world choose choose choose. But at bedtime . Why settle for this . Enter sleep number. Dont miss the memorial day special Edition Mattress with sleepiq technology. Sleepiq tells you how well you slept and what adjustments you can make. You like the bed soft. Hes more hardcore. So your sleep goes from good to great to wow now we can all choose amazing sleep, only at a sleep number store. Save 500 on the memorial day special Edition Mattress with sleepiq technology. Know better sleep with sleep number. Neil all right, well drones may not be the only thing you need worry do the have the science down safer, that was a big issue, right . This guys been working on the jet pack since 1999. Propelled by four jet rockets. It goes 190 Miles Per Hour and it goes up to 13,000 feet in the sky. I dont see how your average joe is going to strap one of these on and fly around town. Its still extremely dangerous, i think its probably going to have issues with airspace and that kind of thing, i dont think its going to hit the mainstream but could be something where its an extreme sport type of thing where you pay and sign your life away and jump on one of those and fly through the air, maybe that would happen next. Neil im surprised dubai come to dubai, we have jet packs over our bleeming skyscrapers, its going to take time. Parents watch your kids. A new motor can attach to any type of skateboard and controlled by a remote. Sounds like a quick trip to the er. I dont know if this is safer or the jet pack thing. Whats the Science Behind this . Well, the Science Behind it is theres already an electric skateboard out there. This is a battery attached to two wheels, you can turn your existing skateboard into an electric skateboard, it can go up to 25 Miles Per Hour it will go 10 miles on a charge, you can charge it up to 1,000 times. Its 1000 if you want to pretoward on kickstarter. It doesnt exist yet its not in the market. Neil the fastest it goes is 25 miles an hour dont kids go fast or their own . I mean i remember when i had a skateboard and i went down my driveway, and i flew off this thing and got injured. I mean 25 miles an hour you are probably already going that fast. Neil i never knew that was funny until they did know. Thats whats wrong with you . Neil wouldnt parents be leery of buying Something Like this for their kids . I dont know, there are always going to be parents who buy Something Like this for the kids. I dont know about the mainstream riding a bike, a skateboard you are going that fast as long as you have helmet and elbow and knee pads go for it. Neil ultimately depends whether you like the kids, right . Right. Well, i think skateboard purists wont like this that much, but why not . I love all the innovation and new technology. Hard to know if its going to take off with the mainstream. With all the ideas coming out now they lead to more great things down the road. You are always optimistic about the new technology. Im not a millennial. I saw the segment before im not a millennial. Neil im not optimistic about the future. Im just worried. Cassie thank you very much. This dates back to the first show were doing the new show, i will don a jet pack, that is the same day the same day that whats the restaurant chain, olive garden is going to come out with the bread stick sandwiches. I mean coincidence . I think not. Meanwhile, i bet you think that fox news only recently changed over the last couple of decades. What if i told you weve been a century in the making. The story about the fox behind fox, after this, and i should know. I was there. Ive smoked a lot and quit a lot but ended up nowhere. Now i use this. The nicoderm cq patch, with unique extended release Technology Helps prevent the urge to smoke all day. I want this time to be my last time. Thats why i choose nicoderm cq. Neil boy, time flies for i was here from the beginning next year will be fox newss 20thyear anniversary, this year is the 100th anniversary of the founding of Fox Film Corporation, amazing business story about a man at cusp of a brandnew industry who became like the steve jobs and bill gates of his time. The fox, the name of our famous and powerful brand, but exactly who was the fox . Hes the fox in fox news or twentyfirst century fox. His film sunrise won the First Academy award. In 1919 he created fox movie town, which was the sound on film technology. Neil exceptional entrepreneur ino variety and visionary in the stage of Motion Pictures the fox was william fox. In 1903, he saw that people were starting to line up outside of things called nickelodeons so he thought well, maybe i can get into the business. Neil susan fox is the great granddaughter of the fox. By 1927, william fox had amassed a film companies, a Distribution Company and well over 1,000 theaters. The value of the company in early 1929 is supposed to be about 300 million dollars. Neil relentless in pursuit of profess, foxs company would be valued at 50 billion today. You got remember to today its hard for us to realize this was a mason industry. A lot of the first moguls were immigrants as he was. He worked his way up through poverty on the lower east side. The 100th anniversary of Fox Film Corporation of a nearly forgotten history of new jersey are celebrated at an exhibit in the town museum. The biggest export this country has ever had has now and will have film, we are defined by film history and Film Production even today. It is our one artform we created here. Neil fort lees starring role lasted ten years, william fox built corporate offices and new studios in manhattan and hollywood and kept one part of his operation in new york. He said motto was the mightiest of all. Neil always ahead of his time william fox knew the power of the media. This Mission Statement is from the launch of fox news in 1919. Fox news is endeavoring consistently to fulfill the obligations in news reel owes the public. Honesty impartiality enterprise and entertainment. Neil this is williams foxs statement, it is nearly the same as the promise Fox News Channel made when we launched in 1996. News, fair and balanced. William fox, hes out of the corporation by 1930, but he is the one who set this up and said, sound newsreel sound nonfix, waive treating and packaging reality. Its one of the ways fox brands itself as different than mgm or paramount or other competition. Not just 20 years of fox news, theres a huge silent pim industry and i love the link, a living link to william fox. Neil in 1919, fox news was launched as the mightiest of all. Today fox news is the most powerful name in news, and it all began 100 years ago. Website. Victors in battle of little bighorn, welcome an outsider in. Once they trusted him they would share things with him. He paints their port rats and get portraits and gets inside scoop on custers last stance. She is convinced it worth millions but will anyone buy it. Was he an artist or just someone who documented a side of history