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Bulls & Bears | Cavuto on Business | Forbes on FOX | Cashin' In
Bulls & Bears
This past week's Bulls & Bears: Gary B. Smith, Exemplar Capital managing partner; Pat Dorsey, Morningstar.com director of stock research; Tobin Smith, ChangeWave Research editor; Scott Bleier, HybridInvestors.com president; Cheryl Casone, FOX Business correspondent and host of "FOX Business Now" on Yahoo! Finance, and Adam Lashinsky, Fortune Magazine senior writer.
Rosie O'Donnell quits "The View," ending her one-year contract ending her contract almost a month early. Has Rosie burned her final bridge? Or will she be bigger business than ever?
GARY B: Absolutely not! She's not worth the risk and is a walking time bomb. The fact is, it's all about Rosie in every situation she's been in. That's great as long as it does no harm to anyone else. Things weren't going her way so she forgets about all the people at The View and ABC. Her feelings were hurt, everyone on the show wasn't agreeing with her, so she's leaving. It's just bad business to have her employed at this point.
TOBIN: The bottom line her is that her ratings have been up. The difference is now she's the evil type of diva who only wants to talk to someone that agrees with her. People watch her because conflict sells. She needs to find someone to spar with, and if she's on show without sparring, it will sink quickly.
ADAM: She was not hired to be a "team member". Some teams need to have a star player. They need to have a diva. She was hired to be the freak in the circus and she succeeded gloriously! ABC is sorry to see her go and would have like to have her longer. She was good for ratings and that was good for business.
CHERYL: Any television executive would hire her! There are a couple of networks that need ratings have talked to her. NBC and CBS were having talks with her in the beginning of this year after the whole Donald Trump thing. She is a commodity in television. And whoever signs her knows what they are getting.
SCOTT: She is polarizing. Wherever she is going to go, she is bringing a demographic with her. Whether you agree with her or not, a big group of people are going to watch her. It's like Howard Beale in Network when he says, "I'm mad as hell and I'm not going to take it anymore!"
PAT: Conflict sells! Most celebrities have many, many lives. Rosie's on maybe number four and has many more to go. You have to blow yourself up multiple times in the entertainment business before you're unemployed.
Do We Need to Profile to Keep America Safe?
Twenty-six percent of Muslims in America under the age of thirty think killing innocent people in a suicide bombing is justified. Law enforcement and airlines spend a lot of time and money on security, but profiling is still a big no-no. Is this a wake up call?
TOBIN: Since a substantial majority of the terrorists in the Spain, London and NYC bombings look Arab, we have to use our limited law enforcement assets in the most effective way…profiling.
ADAM: We who care about civil liberties do not want us to break the law or violate our constitutional principles against privacy rights or discrimination based on race or creed. Now, there's nothing wrong with looking for tendencies that criminals have in common, for example. So if profiling means trying to predict who's a criminal, fine. We just can't single people out, especially American citizens, because their thoughts or heritage are a minority of our country. It goes against everything we stand for as a nation.
GARY B: You can profile and still have the spirit that America was founded on. It just makes economic sense. If you have one group that is more predisposed to do a terrorist act, you should absolutely look harder for them! It makes no sense not to look for crime where it's most likely to happen.
CHERYL: Profiling actually has a lot of negatives. But in the real world it's not that great of a solution. As long as you're not the ones getting "profiled" it seems fine. But if you're in the group getting singled out, it's not so good.
SCOTT: We are a searching grandmothers and confiscating toothpaste costs a lot of time and money and is wholly ineffective. We would spend much less and be more effective by actually profiling young Arabic men like other countries do.
PAT: Two points. One: whenever you're protecting something you have to be very careful not to damage what are trying to defend. Two: if we start profiling will you really be if al Qaeda starts recruiting people that don't look Arabic?