Transcripts For FBC Cavuto 20150525

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fails to raise their test scores. more inclined to stay in government's hip pocket. convinced that the government isn't the problem how much we are giving it is. so a collective media calls a double down on the spending that is yet to work. a we're trust in repeating the same mistake only this time with pricier mistakes and desperately hoping for different results. you needn't be einstein to figure it on the right or the left. this is stupid. just average american taxpayer whose gut says this has got to stop. we stop and step way back. we're going to get to the bottom of why america keeps coming up short, and it keeps coming back to trust. we've decided to give this issue a whole show. it's not about a spending deficit or real estate deficit or market deficit or faith deficit. this my friends is about "america's trust deficit." we begin with washington's deficit. taxpayers see a the love the money spent but what are they getting? more than half of americans mean more government means more problems. steve moore says taxpayers are tired of washington spending good money after bad. lizzie mcdonald says the coverage isn't getting the proper coverage, and right now the taxpayer trust is something both parties need to address. steve first to you, how bad is this? >> it's really bad. i was thinking neil when you asked me to do the show how much washington has changed in the last 25 or 30 years i've been here, when i came to wshths the federal government was spending about a trillion dollars. now next year it will be spending 4 trillion, and adjusted for inflation more than doubling of the cost of government. and you ask people do you think government is better today than 30 or 40 years ago, and people say hell no! one other example if i may, neil, you mentioned schools. if you look at what's happened to per capita spending, per pupil spending in the schools versus the 1950s and 60s, we're spending three times as much as we used to. the people were saying, wait a minute, throwing more money at the problems as a lot of liberals said, if we spent more money, people say you're crazy that's the source of the problem, it's not going to solve the crisis. neil: what do you think liz? >> steve is exactly right. why the media doesn't cover it correctly. john tandy the great economist put out a great story. when the government spends money that is added to gdp. when the government doesn't spend money gdp is going to go down. you can see the vicious circle that is in there. we have severe crony capitalism. the inspector general who oversees medicare said wait a second, medicare is not negotiating drug recents with manufacturers while medicaid is. why? the slaw written there, you know what? you can't interfere with the negotiation between drug companies and the federal government. what is that about? i'm not sure. neil: what's more alarming to me when you talk to kids of all political strifes political affiliation, blaming it on the parents or generation they have inherent distrust of washington and institutions and inherent distrust of any one authority to get anything done? >> they do that's unfortunate. im a person that doesn't necessarily believe government is the answer to all of our problems, but there is a sort of minimum they think government sets. >> gone beyond the minimum? >> i don't think so. there may be a dearth of ideas. neil: don't you think the dearth of ideas is go back to the same old idea. >> neil i go back to a point when david was mayor of new york city and asked the state to increase taxes to put more cops on the street. it was during his administration you started to see a decline in crime here in new york city, and a lot of had is pegged to increase in taxation. and legislators -- neil: the administrator is david dinkins, now he looks like winston churchill. >> giuliani takes credit for it. neil: okay. >> if you point directly to the expenditure and the outcome i think you will succeed. neil: my big fear is we're going to say more money or get a better idea how to spend that money better but it's always going to be more, more, more that's what worries me. >> yeah, i think the problem with the analysis if we only have more government. the problem is this neil. the problem has gone the away from the core functions it's supposed to do. supposed to educate our kids supposed to build good roads and highways. supposed to defend us not to be what happened in benghazi. the reason the government is failing and the fundamental things it's supposed to be doing is because it's doing too much. a good example of this with young people because these polls show young people are the ones who lost more confidence in government. when i talk to my kids who are completely nonideological they don't get how the federal government can't run a website for the health care system. >> here's the thing why raise taxes when the government is wasting so much money. more than a trillion dollars of office buildings littering the landscape. 200 billion in overlap and duplication in the federal government. and you have an incompetent health reform website sucking up money right and left that is not working and it's all loaded on medicaid whose budget is getting blown out right there. >> talking about we don't need to be talking about a website here. we need to be talking about how our government can help, help solve problems but not be the solution. neil: why do you think after baltimore the immediate inclination is we need more money, more money. baltimore per capita on a per student basis gets almost as much as new york city students do. neither are breaking the walls down. why is there a feeling that if in doubt throw more money at it? >> not the fact you're throwing more money at it. the fact is how it gets spent. neil: they haven't neither. >> i think it's important to track where the money goes. >> and they don't. >> no i think that's happening. that happened in new york, and many other cities where can you actually see -- gee spent trillions on a war on poverty and yet to move the poverty needle. >> i think it's moved the needle significantly. neil: 3%, 3%. >> that is significant. >> it is? 3% is a significant? listen, but we all want to help the poor. you know what helps the poor is a job they become emotionally and literally invested in their area, they don't want to destroy their job or destroy the area around them. neil: we don't trust them? >> no we don't trust them. we've thrown so much money at it already and it hasn't worked. >> i also don't think whether anyone, democrat or republican side, known any democrat is saying throw money at them. neil: no no no you are right to say both parties failed in this regard. they think republicans with defense throw more money at them. where we stand on the trust issue, when it comes to government, we don't stand too well here? >> we don't i'll give you one example what you are talking about. i'll give you a piece in the "wall street journal" this week we have a d.c. voucher program educating kids in inner cities by allowing them to go to other schools. here's the amazing thing, it is educating kids, giving them a quality education for one half of what it costs in the public schools and can't get the liberals to support the program. neil: a lot of players not measuring up. guys thank you. businesses shouldn't trust washington either. republicans offering help or democrats. tax bills red tape pile up and uncle sam keeps piling on. andy how do you get businesses to believe that washington has their back? you argued for many years now, they have a sense that it does not. >> it did help in 2010 when the republicans took over the house, and then again in 12, 14 when they took over the senate. businesses knew nothing disastrous like dodd-frank or obamacare was going to come down the pike. we have the nlrb trying to inflict the joint employer standard on franchise businesses, ambush election. an administration that refuses to implement fixes to obamacare like the 40 hour work week. president obama telling the department of labor to expand the class of employees entitled to overtime so people are compensated for time spent instead of well spent. you have a minimum wage increase at some point. it is about the $10 $12 point. have you employees paid more than they contributed to the profitability of the business. neil: what do you do? in that environment, andy, what do you do getting businesses to have washington help them rather than stab them in the back. the larger ones have a lot of money abroad. $2 trillion sitting offshore, and it's not coming back because it's going to be double taxed or taxed at a high rate so businesses keep it. including very politically names like apple. how do you win that money back? >> well there's really the only way is to elect politicians who are committed to seeing the economy grow who are not committed to seeing the government grow. we've elected a president now, he's been president six years, president obama who's committed to big government. and if you're committed to big government, you're going to scare businesses. until you get that commitment to economic growth to getting people jobs, to creating opportunity and reducing poverty by creating jobs and economic growth. until the government gets that focused, businesses aren't going to trust the government. you are looking forward to additional and added expenses. the higher the expenses are the lower profits are, the lower the projected profits. the less likely you are to expand or build or open a new business and the less likely you are to create jobs. until this big government attitude begins to decline. look we spent last year, the national association of manufacturers and the small business administration estimated that we're spending about $2 trillion. american businesses are spending 2 trillion in compliance costs with the current regulatory environment. my buddy steve moore was mentioning that the government spends 4 trillion. you can take half of that amount, you'd increase the amount that businesses are on tap for by 2 trillion, which is what they have to pay in regulatory compliance costs. neil: the money offshore, it is an interesting fact. andy, good seeing. >> you nobody is going to bring the money back if you're going to have to pay more taxes on it. the bad thing is when foreign companies bring the money back they don't have to pay tax on it. neil: i love you to death, andy i don't trust you in this sense. you are a fast food executive and you're thin. that doesn't jive. it takes away all your credibility. i kid you. as always a pleasure i love the piece you wrote about scott walker, keeping in mind the numbers are not what the media says. andy thank you. we've heard of "young & the restless," but young and investless? when it comes to stock, most young folks want nothing to do with them. why charles payne says trust him. you'll regret sitting this one out, guys. . neil: well here's why they often call this market a stealth rally. so many aren't participating in it in fact, more than half of americans don't own any stock at all after this incredible run-up, because they don't trust this. they don't trust stocks. when things go south investors run scared. look what happened on october 19th, 1987. i was there for the scare. suddenly it was a freefall a better than 22% pummel in the dow and nervous traders were looking over their shoulders. what they don't know and readily worry about is how far down the correction has to go. how long it will take and how many more people will be hurt in the process before the market decides if it decides to turn around. neil: well, you know you'll be happy to know that markets did come back and puberty did kick in. [ laughter ] >> now you know the rest of the story. i hate when they staff does this to remind me. same lego hair then, same lego hair now. after the 2008 meltdown when people thought stocks couldn't get lower, they bounced back to record highs. charles payne says lots of investors are kicking themselves for missing both opportunities, but it happens a lot. you can understand in the moment it's frantic. >> sure. neil: here's where i think it's different with this one charles once twice burned a lot of people in particular i don't want anything to do with this t? >> there's a lot of people who watch from afar as they were growing up. and you see your parent, golly. we lost it all. and a few years later we lost it all. we're real estate investors now golly, we lost it all. you hear they would rather have experiences on making a lot of money and missing the fun things in life. you put it all off, family formation investing, put it off because you might as well live in the moment, have fun while you're young you don't know what's around the corner. neil: is it parents' experience singed them? >> i think it has. we're seeing this group starting to emerge as entrepreneurs family formation, there's still renters above buyers, and you will see them invest in things. they're in the midst of the excitement that's whatsapp the perscopes they are the ones making it happen. neil: and gravitating, they are still interested in getting money they don't want to get it by means of the market or whatever? >> they love spending it, right? it's like yolo you only live once, seems like i scratched the room but you say to what to kids in general millennials, for want of a better definition the 18 to 30-year-olds saying i don't trust that guy. >> they have too much money in cash, cash goes nowhere. deteriorates every single day in worth. neil: what the george soros says and all the guys say hey, this is getting long in the tooth. >> it is long in the tooth. but i don't know that they should play the market timing thing. you started this thing off the right way. when we are in the midst of a crash everyone is running, very few have the wherewithal to buy. if you can't buy now, you think you can buy in the middle of a crash? at 23, you will go through another 10 crashes. i hope i live through another five major crashes. that means i'll be 90 years old. market is at a new all-time high. don't trust wall street trust the things you like. you like under armour go with under armour. you are right, there's a lot of knuckleheads and thievery i'll be the first to admit that. you will do well. neil: a lot of people feel young we are close to the fifth anniversary of the flash right? >> sure, sure. neil: see that's what happens. just when you get in an idiot does it. >> no doubt about it high-frequency trading isn't illegal but makes the market volatile. government and wall street, there will always be theft too much money sloshing around. neil: people like nike or apple and say charles, i agree, buy what you like like what you buy, know what you like, like what you are buying. >> they could be rich temporarily. in other words, the valuation can get head of the fundamentals, but the fundamentals are also improving. neil: saying that about apple at 50 and $60 a share. >> trying to pick the top is a tough game. neil: and you say hold tight. >> you're not going to pick the bottom. if you are going to be in it 25, start to nibble you know it's great. these young people know more than anybody on wall street. they know the greatest things going on right now. if they could put their money with what they know, connect the dots they'll have an amazing life. they'll have a fun youth fun middle age and amazing golden age. neil: i find they wine a lot. >> the whining gets them what they want. neil: a quick quiz, if americans trust government the least who do you think is next to least? 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they must know they hurt their own brand we've seen it happen in print, one newspaper or another, whether they hop online or not. the content is what people are getting turned off to? >> it is true i need respond to what brent just said. neil: let lauren respond. >> i think he's wrong coming up with hillary clinton you had the "new york times" breaking the e-mail scandal you had all of the mainstream news organizations hopping on the latest scandal with the clinton foundation. neil: i'm talking about government itself. whether it's faith or -- go ahead. >> there are a lot of journalists who put their heads down and do the hard work. the foya requests are very important in order to find out exactly what is happening, and you can't marginalize those. they are about this many reporters doing it but i think it's very important. if you get the right news story. neil: that's the problem. if you have a signified small percentage. the others are saying after baltimore last week the issue is we're not spending enough. the government isn't doing enough. in other words, that the government can fix it that's what worries me, brent? >> look with all due respect lauren, what you said is pure nonsense. they have not gotten to the bottom of a single one of the obama scandals. they did not get to the bottom of a single one of the clinton scandals. just think about the coverage of watergate and nixon where they would not get to the bottom of it. look at benghazi, irs the va, look at so many scandals dropped. this clinton one will be dropped as well. neil: let's go back to the government guys. i can argue how zealous the media is to reporting on the clinton issues back to the idea that if we have problems the government can fix them, lauren, do you think that is a media issue to address that they're not really looking at anything more creative than that? >> well i mean i think that's a very left way of looking at the world. if there are problems then the government can fix them. i think that if you're looking at news coverage of that specific issue you're not going to find, it because i think a lot of the people who do report think that exactly that. that the government can fix issues. however you did have the reporting on the va scandal, right? where there was complete mismanagement, and you did see the media latch onto that and paint the va as villains. i'm not here to defend all of the terrible journalism going on and there is a lot of it. it's certainly a lot easier right now to pontificate and spout off than it is to take a 30,000 foot view and take a look at what the government is actually doing with our dollars. neil: well brent, and i raised this with the republicans too, who find the $600 billion defense budget isn't cutting it. if you're digging a whole best to put the spending shovel down or the big government shovel down, what do you think? >> here's a direct answer to the question. if you look at a perceived problem you will never hear on the networks, leave it alone, let people show some personal responsibility. get government out of equation, you'll never hear. that you'll hear a discussion how much the government needs to do. neil: guys i wish we had more time. i wish you could have come to blows you are in two locations makes it very, very hard. >> thank you. neil: next time next time. burned more if you're not or burned more if you're out. the housing pro says housing will pay off big time. you got to give it time. one thing to not trust the education system but another to rebel against it. coming up, how parents are revolting with an in a work, work, work world... take time for sunday. just know that your truck... has a little thing for monday. . neil: i get the idea trusting big institution says fleeting in. this hour, we're digging into exactly why? a big reason of course goes back to the 2007 housing bubble. once the housing market crashed confidence in real estate crashed along with it. home ownership is at a better than quarter century low, as americans are pulling a 180 on this big american dream. >> i don't have the money to buy a house. >> move too much. too much money i'm never going to have that much. >> can't afford to buy. >> i don't think i'm mature enough for it. >> if you buy a house, you have to stay there. >> why buy a house if you are going to sail on it and ruin credit ratings. >> we are too poor. have no money. neil: as you can see, a lot of millennials are opting to rent rather than buy, former fannie mae exec says they are missing on it. if you think about it, a lot of the kids are saying, i haven't seen that return. my parents haven't seen that return, what do you say? >> thanks neil. so you just saw or made the reference to the housing home ownership rates dropping to 63%. when you think about the numbers in the aggregate or the abstract they don't mean a lot but a lot of financial implications when you think about every 1% of that drop is one million households that aren't owning a home. that's one million households paying 30% more a month for living expenses. one million households. neil: they figure they are saving on the hassle and the risk of another meltdown. that's what they say, you say what? >> absolutely. look, there's always going to be casualties in the housing. if you can get 95% success rate. 5% are going to lose home to foreclosure. obviously it's a cautionary tale. that's 95% of folks who see the wealth appreciation of home ownership which it's important to remember, the household net worth of a renter is $5,000. the household net worth of a home owner is $150,000. the big picture was accidentally exposed recently on boomers. they showed seniors when they passed away, how much financial net worth was in their house, and it turns out only 20% of the seniors when they passed away had any financial net worth beyond the home equity in their house. can you imagine during the most prosperous time that's the end result. we've got to focus on how to get more folks into housing today. neil: there are a lot of people in the last seven, eight-year period since the meltdown who would not have that appreciation at all, they would not have the housing component of that wealth right? >> people talk like that. in real terms, you've seen $3 trillion of appreciation in three years. it bottomed out in 2012. it is rallying. still 20% from the highs. neil: give it time and have faith that in time things come back? >> there's a huge demand push. americans are funny. at no point in history have been no more americans that have a desire to live indoors. the population and ultimately 65% historically want to buy a house. you've seen people who have lost their house to foreclosure. 6, 9 million people who have lost the house to foreclosure. neil: and they want back in. >> they want back in. it's a good investment. neil: thank you, tim, very much. good to see you. are they going way too far and being way too jaded? banks are trying to tempt them in are they doing too much here? offering as little as 3% down mortgages. this is the thing that worries here that some of the banks and institutions are sucking them back in to be slaughtered. >> right, i believe the concern is twofold. first a lot of the borrows are not aware they run the risk of their house being worth less than they owe father market for some reason declines which historically it may, and with these small down payments, borrowers are not aware they'll get a higher interest rate and the cost of the loan in the long run will be higher than if they put more of a down payment down not to mention mortgage insurance. the lenders run a risk of the borrowers walking away, they don't have enough skin in the game. god knows i love people buying real estate. that's what i do for a living. however i'm also concerned that maybe the banks are giving people too much without enough skin in the game. and without educating them that through the life of the loan it may seem like an opportunity to appreciate and to buy into the american dream without enough money down, but in the long run i think that it's a mistake. neil: katrina, the argument for letting these low money down loans go through is most young people since it's targeted largely at young people, do have the financial discipline to stick with the mortgage grow with the mortgage as they grow with their jobs. if you don't do something like this it will only be a rich man/rich woman's market and we'll never see housing stabilize. what do you make of that argument? >> well i think it comes down to employment as well. the unemployment rate with the younger generation isn't rising at the rate we need it in order for them to build this wealth. i think one other point which is not realized is that now the banks are actually allowing the younger generation to get down payment from family member which again if you don't earn it, i'm a firm believer if you earn it you value it more. a family member is putting that down payment for you, then you're more inclined to walk away than if you worked hard for it. part of the american dream is working really hard to be able to attain it. i'm a firm believer that again, you have to work for it, and in the end, the housing market will do better because of it. neil: all right, unless you have a rich uncle who doesn't seem to care. katrina thank you very much. good seeing you again. >> thank you. neil: from the reaction on the street the things you don't trust the most are the things you apparently use the most? >> i'm on facebook, i'm on twitter. all our information is out there, anyway. >> if you try to get rid of your page it's always there. >> they have the technology to see everything everybody does. >> i'm getting pop-ups, advertisements and things i searched in the past. >> every day i think why am i still doing this? photos are great... ...for capturing your world. and now they can transform it with the new angie's list app you can you can get projects done in a snap. take a photo of your project or just tell us what you need done... ...and angie's list will find a top-rated provider to do the job. start your project for free today. i've 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. that's why i choose nicoderm cq. . neil: trust in technology is fading, but are we the problem it is still a big thing? well americans don't want their data in the hands of big tech companies or the government or both. they're more addicted to it than ever before to. cybersecurity experts david kennedy who says this technology that we may not like we apparently still love. it is weird, right? it's like a double-edged sword. >> most people don't know when they're using cloud storage when your information is stored on various servers they think it's up in an atmosphere but no it's giant farms of servers in various parts of the world. neil: and they don't care or they don't know the details? like making hot dogs. >> here's when you care the moment you care when you took something that is really important to you and you're working on it like a book you are writing and you store it on a service that isn't your own computer or device, and all of a sudden one day poof! it's gone. what the heck happened? this thing that's shared on all of your devices available anywhere anywhere, and you have to revert to a copy stored six months ago. neil: sun microsystems ceo scott mcnealy said if you want your privacy it is gone the technology and convenience obviously has some intrusions on privacy. but its benefits outweigh whatever annoyances you encounter. do you agree with that? >> there is a fine balance between privacy and the types of information you put online you are integrating technology into everything you do with the android phones iphones with maces all of those have cloud and infrastructure that store the information to. put it short our privacy is pretty much gone when it comes to the amount of information we do on the pieces of technology but still have to be cautious about the types of information we put up there. >> david, i would jump in and say cautious is the easy word. you have to be stupid to store something critical in your life. do not put a will medical records personal data. neil: but medical data, that is getting online. >> you may not have a choice. you are not in control of that. neil: so let's say you are doing everything right but someone else is deciding to take the data. >> one little leak in the faucet from one point to the next point is what goes wrong. neil: i got a guy like you, when is the last time you wrote a paper check, you do everything online? >> i lose them. neil: the amount of people who do that. >> not about that. when i do it i lose. neil: what is a smart move? the convenience of it this is such and you can do it so quickly dictates this new world. there is a risk of going, going wrong, we like the convenience. >> we want to be able order to groceries and pick them up at the store. you have toilets you can control from the smartphones now. convenience is huge. the problem is it's not just consumers that are doing this it's businesses, and that's completely out of our control. businesses are putting medical data, social security number sensitive data, financial records in the cloud infrastructures they are not protected. it's wider on the business front as well and that's why you are seeing the breaches occur. it's going to be a problem to come and something we face directly in the next two years. neil: we love technology but don't think it is going to be there for us. >> i like my smart toilet. neil: who doesn't? but it's a family show. look at the time. i want you to look at this chart. with education spending like, this you would think test scores would be off the charts. news flash they're not. no wonder where parents are flat-out serious over all this flatlining. usaa makes me feel like i'm a car buying expert in no time at all. there was no stress. it was in and out. if i buy a car through usaa, i know i'm getting a fair price. we realized, okay, this not only could be convenient we could save a lot of money. i was like, wow, if i could save this much, then i could actually maybe upgrade a little bit. and it was just easy. usaa, they just really make sure that you're well taken care of. usaa car buying service. powered by truecar. online and on the usaa app. . neil: all right, to all these skeptical parents and kids about our schools. 31% of just parents do not trust the government's handling of all of this. students aren't getting results even as taxpayer dollars are being thrown again. billion after billion after billion into school systems. to ashley pratt and carol iken whether they can fix a broken educational system, ashley, what do you think? . >> the whole idea of throwing money at a problem as a solution is not a solution, and i think that's the real issue here. we look at accountability of schools and test scores and everything and they're just plummeting and failing our students, and parents and students deserve options and they deserve choice. that's why i think the school choice movement is so important, students shouldn't be relegated to a school based on zip code. students learn in different environments. in an age where technology is rampant and we have choice at our fingertips, it should be the same way for education, and students should have the same choice as parents, if my student is not thriving in this environment and can thrive elsewhere that's where they go school. >> i think what she's saying, carol, is she's pro-choice of ednation and. >> that's a good way of putting it on that issue. >> i don't think pro-choice is the problem or the solutionment i think that we have so many schools in this country, and just saying that students can go to other schools won't work every place. neil: works in a lot of places, carol. >> well small amounts of students. and what happens to the ones who can't get out? we need to fix the schools i agree throwing more money is not the answer. neil: do you think competition would help? >> i think competition helps in every single field, yes, but i also think that we need to do something with the schools that are broken. neil: what do you make of that ashley? if it's a matter of just the same existing system, challenging that that existing system with a competitors, does put a little bit of kick in your step. >> yeah, and i'm all for competition i think that's what's important with the rise of teachers unions i'm not bashing teachers here. my sister is one, and it's noble work she's doing. this is why i wonder where the money is going, neil? she has to take money out of her pocket to buy supplies for students in her classroom. with all the money funneled in and you look at schools in baltimore because that's been in the news recently. you see $15,000 per student. where is all of that money going? is it going to the betterment of the students? when teachers have to take money out of their own pocketbooks or checkbooks that makes me wonder where is the money funneled to? is it helping the students? i don't think so, it's definitely not helping the teachers. neil: okay, i want to thank you guys very much. by now you get it america has big trust issues but next, rocker andrew w. kay one of the more optimistic guys i know here to build trust facts for the middle-aged, the young, the old, you name it. that's next. it's part geek and part chic. it's part relaxation and part exhilaration. it's part sports car and part suv. and the best part? the 2015 gla. it's 100% mercedes-benz. neil: you know, this hour we have laid out eight out of ten millennials don't trust other people. neil: i think that's the heart of the problem here, it's inherent or we don't trust or flip over each other. what's the problem? >> well, this is a puzzling and perplexing issue but fortunately, it is as simple as trusting one's self. most of these societal issues come down to an individual point of view and what's inside. if you can't trust your own self, of course you're not going to trust other people. neil: when you perform song writer entertainer -- it's always very uplifting, i'm told. i mow your whole approach is very positive, positive energy, and it's contagious. i always tell young people, younger than you, i don't thinker than -- younger than my own kids that the bottom line is you are the vibe you let off. and if you're negative, all that's going to be contagious. if you're positive that too will be contagious. i think it starts there, but i could be simplistic. what do you think? >> no, i agree with that. it's a code of ethics really that starts in your own behavior. it can seem rather trivial to imagine that how you interact with people throughout your day could actually have a global impact or at least even in your own community but it really does. if you don't have these strengths, if i don't have the strength to be polite to that stranger or have that trust, that kind of faith that humanity isn't bad then how would i believe that the rest of the world -- neil: you can't blame a lot of people young or old right andrew? i tried to give the benefit of the doubt to the government let me down markets let me down, housing let me down. no more. >> well, a bad relationship is a very good example because if we're going on dates with someone and we have bad experiences it's easy to want to cast aside all of romance, all of love, all relationships because you don't want to get hurt. but we also don't want to live in a world where we don't have love or relationships or hold out hope for something more. idealism is challenging. it's much easier to become cynical, but we don't want to live in that kind of world. neil: speak for yourself, young man. andrew w.k., it is attitudinal we are bigger than the problems that seem to confront us. i hope that helps everybody and i want you to return next week bright-eyed bushy-tailed andllowing is a paid advertisement for time life's music collection. (male vocalist #1) ♪ at the hop ♪ ♪ well, you can rock it you can roll it, do the stomp and even stroll it at the hop ♪ ♪ when the record starts a-spinnin', you chalypso and you chicken at the hop ♪ ♪ do the dance sensations that are sweeping the nation at the hop ♪ hi, i'm little anthony from little anthony and the imperials. you know, in the late '50s and early '60s it didn't matter where you went to high school. east coast, west coast middle of the country, you shared a common experience. during the year, on a friday or saturday night, you went to your school dance. (sam cooke) ♪ twistin', twistin', everybody's feeling great ♪

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