tv Risk and Reward With Deidre Bolton FOX Business February 12, 2016 5:00pm-6:01pm EST
he has executed a lot of deals around the world. great to see you both. have a ruffle valentine's day. we appreciate you all coming to see us. please come back monday. that does it for us. "risk and reward" starts right now. >> anyone claiming america's economy is in decline is peddling fiction. reporter: today there is green on your screens but investors lost $1.78 trillion so far this year. we have you and your money covered. the dow and the s & p break a five-day losing streak. but if you have been watching the market you know volatility is the problem.
$1.78 trillion equals $57 billion per trading day for 2016 so far. today, how do you see it? >> when you put it that way, it's painful. you can't get excited about today. when you look just this week, the markets are still down around 4.5%. i think investors were tired of the selling. so overtold fire sale. we heard a lot of those phrases. but then you also had news out of opec talking about doing production cuts. that gave a nice boost to the price of oil. and we started off with decent economic news. retail sales rose better than expected. a snowstorm in the northeast. cheaper fuel. typical situation leading to more spending. so all of those things add up to
a nice rally. to close out the session you had stocks down 2%. the volatility index was down for the week but the fear gauge was up 30%. that's saying a lot. >> that 30 reading is what's saw with lehman as you and i covered back in the day. thank you very much. with solid advice on how you can protect your money, money manager scott martin is with me now. today is the best day for the s & p 500 in two weeks. this this the sign of a rebound or is it a blip on the screen as we approach recession. >> it's probably got a couple days left in it and something else will come and knock the market down potentially again. yes, volatility was up this week.
but if you look at volatility it's not that impressively aggressive. in the sense it's not going crazy. with the market drop like we have had, it concerns me that volatility hasn't spiked further amidst the losses we have had. i want to ask you about your take with volatility with energy prices. lowest level since 2009. normally every one would be cheering saying this is great, consumers can spends more. but it seems like memories of another decade like the 80's oil plunge, is that what's looming and holding back celebration? is there something else going on? >> i think that's part of it. the fact that if you look back at economy the last several years, the main job creator, the
main growth creator has been oil or natural gas or other resource-rich businesses and industries. that's just not happening anymore. they are starting to lose money, they are laying people off. there are a lot of bad things happening in if the space leading investors and the economy to say where is the next line of growth. the interesting thing about oil. oil is down. there is supply issues. i think oil is going further down. but spenders are not spending that money. consumers are not spending that money at the stores. retail sales were okay this morning. but they are putting that money in the bank because i think they are a little bit more cautious in the future. falling energy and oil prices, we bring in gerri willis. we are referencing $1.78 trillion of stock value.
that's a lot of money. >> it's so much money. >> you could buy -- you could buy 4 million lamb bore beginnies. the individual cost is $449,000. 4 million of these hot cars. or buy 6.2 million homes. >> what if i'm a stock person? >> how about am, google, facebook, exxon and city. all of them together. all of the companies with a combined market value of 1.7 trillion. deirdre: as far as other choices if you weral truistic -- if you were all true.
we are feeling pretty good, we are going to help a few people out. deirdre: you can give a lot of cash to every american. gerri: $5,500. that's every man, woman and child. deirdre: sports teams. it's my dream to own a franchise. gerri: you could buy buy all the teams in the nfl20 types over. or you could buy all of them and have $1 trillion left over to buy all the teams in the nba and nhl. you could run the world. derrp stay with me. we have more to talk about. from big money to big names, there is a rally for senate for -- there is a rally for senator rubio in south carolina. here are the gop candidates piling on frontrunner donald trump.
>> i'm not sure a lot of voters are excited about having a president who gets rattled and upset begins cursing and yelling vulgarities. >> donald trump has zero foreign policy experience. negotiating a hotel deal in a foreign country is not foreign policy experience. jeb bush has no foreign policy experience. >> he's bringing his brother in. he tried the mother who is a nice lady. that didn't work out so good. now he's bringing in his brother. >> we need a president who knows what he's doing. not talking cheap talk. if we nominate donald trump we'll be destroyed in the general election. >> jeb is spending all this time being negative. is he worried about his legacy in spending all your time being negative. i don't have type for that. deirdre: former senator scott brown has endorsed donald trump.
what do you make of that comment about being positive versus donald trump whom you do support who is very combative, let's say. >> first of all i like the governor and i think any one of the people running would make better president than bernie sanders or hillary clinton. the reason i like donald trump is because he doesn't owe anybody anything. i like that brashness, the fact he will go down to washington which is broken. sometimes it takes a swear word here and there. i don't certainly -- deirdre: funny you should say swearing. trump is known for cursing. marco rubio saying that's not there are presidential. >> afghanistan is going to [bleep]. i just want to stay in the white house and work my [bleep]. they are ripping the [bleep] out of the sea. we'll have businesses that used
to be in business that are now in mexico come back to new hampshire and you can tell them to go [bleep] themselves. >> even in our political culture i teach my kids to be respectful. there are certain word you don't say no matter what setting you are in. act with dignity and hold yourself up. you turn on the tv and have a leading presidential candidate with profanity from a stage. deirdre: donald trump says he will clean up his act. >> even fit' not a bad word they kill me. i will never do it again and i will copy somebody what they ask plea to say. deirdre: that last part is what probably count more than the former. but what do you think donald
trump need to do in south carolina? can he win there? >> he's the frontrunner and you see the piling on. i think this election has been mild up until now. south carolina is traditionally where the dirty tricks start and battling back and forth. i said it to donald and i said you have got to start acting for presidential. the way he's talk is the way of us talk in our homes and with our friend out having a beer. but when you are running for president you look at it differently. i made that suggestion. i'm glad he's taking that advice from me and others. marco complaining about donald trump swearing isn't going to help him in the polls. he needs to come through and have a solid debate. let's keep our eyes on the prize. after last night seeing how far left bernie sanders is taking hillary clinton. jfk is rolling in his grave.
this is not jfk's party anymore. bernie sanders has been in the senate almost his whole life and suddenly he's an outsider. it's almost laughable. deirdre: we are glad to have your perspective. fox business will be live on saturday february 20. there is a republican south carolina primary. neil cavuto will be bringing those rut as soon as they come in starting at 6:00 p.m. eastern. last night just two democratic candidates faced off. my next guest said all that was said was not true. gerri willis is back with me to fact check the debates. >> we'll end the absurdity of women today making 79 cents on the dollar compared to men. >> americans haven't had a raise in 15 years.
>> before it was called obamacare, it was called hillary care. you need to level with people about what they will have at the end of the process you are proposing. the numbers don't add up. my price tag of $100 billion a year. once i'm in the white house we'll have enough political capital to be able to do that. >> you have got a bit of experience as secretary of state for four years. but judgment matters as well. she and i looked at the same
evidence from the bush administration regarding iraq. i led the opposition against it. she voted for it. i happen to believe henry questions inever was one of the -- henry kissenger was one of the mos -- the most destructe secretaries of state of state in the modern era and i'm happy to say he's not my friend. deirdre: we'll fact check some of those statements. senator sanders, hillary clinton each claiming their plans for our country are paid for implying it will save us money. here is a quick clip. >> let us be clear every proposal i have incontroversy diewlsd has been paid for. >> my price tag is about $100 billion a year. and again paid for.
deirdre: the pinocchio goes to sanders. his healthcare plan will cost $2.5 trillion every year. that will leave him with a $1 trillion shortfall. it doesn't work. deirdre: spending more up front that will eventually cost the society less. gerri: that's the excuse i would give my husband about buying expensive shoes. deirdre: the subject of wages came. >> a lot of americans are angry about the economy. and for good cause. americans haven't had a raise in 15 years. deirdre: what did you finds from the labor department? gerri: hillary overstates it. over seven years she might be right. so wrong, wrong, wrong. deirdre: the candidates also
attacked each other's record it was hillary clinton criticizing senator sanders on his vote on iraq. here is the clip. >> senator sanders snroatd 1998 -- voted in 1998 with a regime change in iraq calling for an end to saddam hussein's regime. gerri: that is true. liberation act of 1988, he voted for that. it said u.s. policy was regime change in iraq. she got that correct. deirdre: both candidates commented on wage disparity saying women make overall less than men. >> we'll ends the absurdity of women today making 79 cents on the dollar come fired men. gerri: not right and -- compared
to men. gerri: the hourly gap is 13 cents an hour for women. we know we make less. he's just saying it's too much. we are doing better than he says. deirdre: gerri willis with the fact check from last night's debate. the nevada democratic caucus happening that day. neil cavuto will bring you the results starting at 6:00 p.m. eastern time. silicon valley joining in the fight against terror. facebook announcing its intent to find and block terror-related contents. general jack keane is hoping this strategy is better than facebook's last strategy. >> it's what they called a like
deirdre: facebook says it will monitor terrorist contents more aggressively. it says it's removing users who support terror groups. retired four-star general jack keane is with me now. are social networks doing enough to fight terror content online? we should say facebook faced enormous pressure the u.s. government to put these measures in place. >> not even close. but facebook has bent most aggressive and they have had the most positive results. given who they are and given the recognition they are getting. twitter has begun to follow but
they are not anywhere near the kind of blanket positions facebook has taken. deirdre: arguably twitter doesn't have the same stats. the facebook ce to was explaining how a "like" attack would deter terrorists on line. >> the best antidote to bad speech is good speech. rather than zpleem protest they have got 100,000 people to like the page who did not like the page, then fupt messages of tolerance on the page. deirdre: this is probably trying to straddle some sort of user privacy but also appease the government. right?
>> everybody has to make adjustments to the reality isis differentiated itself from any other terror organization. it makes tens of thousands of posts every single day in social media, and it's quite dramatic what they are doing. as as we know that is the major means they are using to create followers worldwide to kill their fellow citizens. so this is very important. and the other thing, it's not just the means, deirdre. we need national and religious leaders to speak out against radical islam and this isis ideology. not on what's wrong with it, but what is right about islam ideology. we have to speak with authority and knowledge.
deirdre: i want to switch gears and ask you about a homeland security warning saying that terrorist groups are continuing to target aviation. we spoke about this, a laptop bomb that made it on to a somali plane was reportedly scanned and passed. it was given to a man in a wheelchair. essentially the bomb went off and he was killed. but to what extent are isis and other terrorists experimenting in ways that show they are getting stronger? >> the airline industry has always had attraction to terrorists. when you blow up an airplane it garners attention and hundreds of thousands of the people are affected. they are going to exploit this and anything they can find.
and the affiliate in the sinai blowing up a russian air liner and using what appears to be using baggage handlers to exploit them and something similar in somalia, so they are going to find these vulnerabilities. a number of these airports do not have the security system that we have in the united states or in major european cities or israel. they will find those vulnerabilities and exploit them. at times they will be successful. and that's the tragic thing here. they can take advantage. >> i like what you said about just filling in the other half of the more positive conversation that hopefully leads us. deirdre: trump * is questioning is sanders is not just a
socialist but actually a communist. >> it was surprising to see. we are dealing with a socialist, perhaps even a communist. i listened to his speech last night. that was beyond socialism. i don't know what's going on over there. that was a pretty big victory for him. deirdre: my next guest will break down the differences between socialism and communist. on my long-term control medicine, i talked to my doctor and found a missing piece in my asthma treatment. once-daily breo prevents asthma symptoms. breo is for adults with asthma not well controlled on a long-term asthma control medicine, like an inhaled corticosteroid. breo won't replace a rescue inhaler for sudden breathing problems. breo opens up airways to help improve breathing for a full 24 hours. breo contains a type of medicine that increases the risk of death from asthma problems and may increase the risk of hospitalization in children and adolescents.
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>> it was surprising to see. we are dealing with a socialist and perhaps a communist. i listened to his speech and it's beyond socialism. i don't know what's going on. that was a pretty big victory for him. deirdre: donald trump says bernie sanders has socialist views that teeter on communism. last night in the debate bernie sanders and hillary clinton presented policies that some people say blur the lines of political theory. we'll play the contest socialism versus communism. steve moore, you are brave to joins. you were from the reagan white house. you saw the communist soviet union of the 1980s.
how do you define the difference between cop number of and socialism. >> not a big difference. communists believe in government owns everything. but socialists give things away for free. but there isn't much of a sliver of difference between these two isms. deirdre: we have some clips to go through. we want to do this like an old-fashioned game show. does this clip represent socialism or communism. >> the last 30 years in this country there has been a massive transfer of wealth going from the hands of working families into the top 1/10 of 1 percent. >> the economy is rigged in favor of those at the top. deirdre: does the antirich sentiment remind you more of socialism or communism? >> socialism.
what socialists believe is a radical redistribution of income. take from the rich and give to the poor. that's what hillary and bernie sanders were talking about. hillary is ewings exactly the -- is using exactly the say language when she talks about the rigged economy. that's what bernie sanders is saying. deirdre: many say bernie sanders seems to be pulling hillary clinton to the left. here are both candidates on healthcare. >> in my view healthcare is a right of all people, not a privilege. and i will fight for that. >> i can only say that we both share the goal of universal healthcare coverage. before it was called obamacare, it was called hillary care. deirdre: for a federal healthcare system, socialist or communist? >> that has elements of communism. they are talking about the government take over and run can
the healthcare system which is 14% of our country. i would say that is communism. deirdre: speak of cost, the cost of education, a hot topic. here are the candidates. >> we have to look in terms of public education at colleges as part of public education making public colleges and universities tuition free. >> i think again both of us share the goal of trying to make college affordable for all young americans, and i set forth a co- apcom pact that would do that for debt-free education. >> it's socialism. saying everything will be given to you for free. does that mean i'm wrong? deirdre: no. we are just typing you. -- we are just timing you.
>> there is an old saying. you think healthcare is expensive now. wait until it's given away for free. if you gift away for free, the costs will go through the roof. all you have to do is looking at the u.k. you have the nhs. you have people dying waiting for operations. >> the two industries in america where prices are rising the fastest, healthcare and education. the government already plays the biggest role already. you want po to bring the prices down, get the government out of it. deirdre: it has been done on the west coast with some healthcare co-ops that seem to be working. here are their views on government spending. >> we can create 13 million jobs by rebuilding our infrastructure.
>> my price tag is $100 billion a year and again paid for. and what i have said is i will not throw us further into debt. i believe i can get the money that i need by taxing the wealthy, by closing loopholes, things we are way overdue for doing. deirdre: taxing the rich. >> that's socialism. by the way, you are never going to get enough money from the top 1% to pay for $100 billion in new government programs. we have a $19 trillion national debt. socialism versus communism. we couldn't be more grateful. >> i can't wait to compete again. i'm going to study up. deirdre: hollywood gone high wier. actor george clooney says the u.s. should accept thousands
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more refugees. clooney be known to be political. but has he met his limits with this matter center in this is a matter of national security. >> i don't think americans want to hear a liberal movie star like george clooney lecturing people who open their borders. the threat of terrorism, the proportion of economic migrants among the refugees and people feel they are losing control of their democracy and you continues illustrate that any better than the picture of clooney and merkel. deirdre: in germany people were attacked on the street. some young women were acost and in some cases raped. >> i think a lot of liberals
lack the intellectual framework to understand how that sexual violence is even possible. i think deep down folks like clooney and his wife and merkel believe there is no difference in a person whether they come from syria or germany. but in syria the treatment of women is not at the center. and so they have no way of understanding this. so as a result, they don't recognize the concerns people have. deirdre: i'm going to shift gears. kanye west held a refugee camp fashion show. no other way to describe it, at madison square gharnd new york city. it's fashion models dressed like refugees. what do you make of it? >> i can't lie. i'm somewhat peachless.
is this real -- i'm somewhat speechless? is this real life? what a ridiculous, sick, empty exercise. whatever your opinion about the refugee crisis and your opinion about how many the united states should take. this is a tragedy. you have one region in collapse and the response is to have a fashion show? deirdre: he wanted attention an got it. now we'll have to talk about whether it's good attention pore bad attention. democratic candidates criticizing the police for overpolicing. >> what we have to do is ends overpolicing in african-american neighborhoods. we have got to demilitarize local police departments so they do not look like occupying armies. >> we have to restore policing
that will protect the community police officers are sworn to protect. we are seeing the dark side of the remaining systemic racism that we have to move out in our society. deirdre: larger contexts you'll points. two nypd officers were shot this week and two others killed after being targeted in mawd by another short. >> the climate that we are in with the department of justice and what happened in ferguson and around the country led to this epidemic of police killings. i've smoked a lot
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over-police in african-american neighborhoods. >> we have to restore policing that will actually protect the communities that police officers are sworn to protect. we are seeing the dark side of the remaining systemic racism that we have to root out in our society. deirdre: democratic candidates spoke about overpolice at last night's debates. this is after two nypd officers were shot earlier this week and two others targeted by another shooter. did you watch last night? what did you think of the candidates? are they pandering? what did you see as the message? >> they are totally pandering. to use the line if the police are the problem, really it's a grand distraction coming from the left wing. the politicians.
the reality is it's a fail university progressive policies especially in urban community. you have high taxes, failing public schools. that's a recipe for disaster. that means there are no job opportunities in these urban cities that lead to high crime because these individuals will resort to illegal activity to try to support themselves. deirdre: senator sanders called for more diversity in the police department. that was not on your fix-it list. >> i know a lot of police officers, these men and women work hard. they want to keep our community safe. if anything, these individuals calling out the police as the problem need to look at the fact they put their lives on the line every day. when they go into these community, it's a recipe for disaster. this ways they are up against. when it comes to the lines of diversity.
you have individuals who are police officers, men, women, all racial backgrounds. i know a lot of police officers, they are there to protect us. they are not going out every day look at how many individuals am i going shoot today. deirdre: i'm assuming 9% are there for the right reasons. >> corporate america, bad apples anywhere. but overwhelming majority of our law enforcement. and i applaud them every day and thank them for their services. they are good people. >> we want to bring hillary clinton's point in about courting the african-american vote and donald trump's reaction on why it isn't work. >> when i listen to her she has been there forever. she is talking about how she is going to help african-americans. what has she been doing the last 25 years. the whole democratic machine, i
should say the democrat machine. baits' not very democratic. but the democrat machine has been there for so many years, they haven't done anything. deirdre: that's what you just said. there have been all these policies but none have proven a standout. locally there have been community leaders who helped people make progress. >> this drive bipoliticians. -- the driv drive-by politicia. where are the pro growth opportunities? how about putting the power in the hands of the parents when it comes to school choice.
deirdre: a lot of questions from last night's debate. >> how much larger would government in the lives of americans under a sanders presidency? what are women miss being you? do you worry you will be the instrument of thwarting history? >> what will you do that the first african-american president has not been able to. >> how would you be able to assure low-income seniors get their basic needs met? >> my next guest is wondering about hillary's emails. >> i'm 100% confident. this is a security review that was requested. it's being carried out and it will be resolved. but if there is a security review about me, there will be security reviews about a lot of people including republican
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>> how much larger would government in the lives of americans under a sanders presidency. what are women miss being you. >> do you worry you will be the instrument of thwarting history. >> what will you do that the nation's first african-american president won't do. >> how will you insure low-income seniors get their basic needs met. deirdre: a lot of questions about last night's debate. but when it came to hillary clinton's legal troubles, very quiet. media research center, not surprised. just yesterday, same day as the debate, we learned the state department's inspector general seen added the clinton foundation and a federal judge
ordered the state department to finish hillary's email release by february 29. neither of those topics came up, right? >> not a word about it. one-third of new hampshire voters cared about honesty. those people went 93% against hillary clinton. this is the achilles heel of the campaign. the far left msnbc did ask about this last week. they said can you reassure democratic voters this won't be a problem? pbs wouldn't even go as far as msnbc in bringing this up before people vote. it's amazing. deirdre: one of the anchors made a donation to the clinton foundation of 7,500. is that part of the picture? >> for her sake she should have
asked about this. the fact that she has omitted the questions about the clinton foundation scandal. even thought it' apparently part of this f.b.i. investigation of hillary clinton she should have bent over backward to not have that kind of a conflict. the fact that she left it out and the other moderator didn't talk about it makes them look bad. deirdre: there is a report of the white house basically blackmailing reporters in he can reporting. >> reporters don't seem to be blackmailed as much as going
gleefully along. if hillary want the word muscular to describe her foreign policy speech, they will put the word muscular in. they will send emails back that say hillary is pitch perfect. . charles: some are just looking to stay alive. first, trump going after ted cruz again over the birther issue. now even threatening to sue. trump also going after the super pac, club for growth action pac because of this
political ad. >> there's nothing conservative about proposing the largest tax hike in history. there's nothing conservative about supporting socialized single payer health care. there's nothing conservative