Scary Statistics

" That's a -- top story tonight reaction Fox News business czar. Neil Cavuto you could see a lot FNC at 4 PM and on the Fox Business channel 6 PM eastern time but let's talk went away. Yeah -- everything you said so I really think this is the apocalypse it is now if you agreed with everything I said either you have wised up massively. Or I'm taking heavy trucks which may be a little Friday's -- because they did a little every time I join you you know he gets here and I know this intense up inevitable wasn't needed there -- not remotely scared we are cutting useless. Let's talk numbers here. -- as soon as the business are Fox News most powerful businessman in the building. I don't like tsar now -- network into over the skies I don't want okay let's say the big czar who who could who was -- okay. Did you crunch the numbers on this thing."

" I have actually there's no way you can pay for it. First off or exact the savings you want from it. That from what I've seen of just one of the house managers which is the closest thing that's the that's the thousand page bill. Now this assumes savings that we had never seen in the history of any government initiative. And to pay for the balance of it they think taking deductions or limiting them for guys like you. Is going to pay the balance since it is it's just can't beat them."

" Okay now the CDO agrees with you of the Congressional Budget Office all right and there are non political people aren't at all their job -- question numbers so. Then you say. To your audience the factor audience now President Obama misguided. Does he not understand. Or is he attempting to DC."

" I don't he's attempting to deceive I think he really believes that the government can find these huge savings and those like government. Think that it it will do that. And there's an argument whether it's gonna be. This public option or not it's all just mumbo Jumbo bill. But that is going to keep the private insurance companies. Sorted and stacked get a little that little life and say competitiveness so what. I even allowing for the fact that this is never happened in American history we've never seen the government do it certainly on this type the scale. This is the fact Ed that this will be more efficient than what we have when we're just layering over what we have. I think is advice do you have pioneers."

" At all and I do you see it as economic Armageddon. Bankruptcy for the United States Florida back. -- bankrupt so we're doubling our housing collapse and united aren't as well confidence in the system you know why that is filled because as much as we staying. Most of broad state more. That is hardly a ringing endorsement for us it's just that -- we have our problems but actually the world has even been okay but we're still able to borrow money to flow -- are probably vote we're bringing it to do it now I don't wanna get arcane and I say that from -- very wealthy view if if this gets passed with a trillion dollars over ten years. Do you foresee was happening California. That the United States government simply will not be able to meet its obligations. And the whole thing goes well for it's I don't buy to print on price -- because that we've seen again and again let's take to a 63 whatever it may."

" Let's take five let's say -- my point is with the government. It's never the dollar figure first put on the table Medicare is always uses the great shining example bill and I know you're a student of history I went back in history -- look -- That was received in 1965 with Lyndon Johnson. Do people were upset with that. That is some liberal sort of didn't go far enough it was 65 million dollar program that here. They really were hoping for a 10050 million it was sort of like a great society disappointment. It is a 400 billion dollar program now it is turning out five trillion and it."

" All bankrupt and it will write again thought it would get that's the model he cares about what I try to do is I don't wanna pull a Glenn Beck gone. But he if this passes and it might. In in the fall. Are we on the road to economic ruling in the United States because of this you need is among so many other things that are going to kill us if it bit. -- you make your statements that are going to kill absolutely and you believe that. Well it it. You can't rob Peter to pay Paul you can't create money out of thin air you can't. All of a sudden in blackjack turns double and triple down and hope that you come up bases because size do you see this as a tremendous look. He's put a moral obligation tag on it right now I understand that but I'm seeing a moral obligation the president is to make the country fiscally strong. That as a moral --"

" To protect our financial dignity right here's a moral obligation. To the attacks our currency and our system he has a moral obligation. To protect their financial way of life you don't think you that -- a catch -- a little you don't think he's doing I think he's EI could be I hope I'm wrong on this bill I think he's placing his bets on a government that is never delivered. If he succeeds he would be the first president. Who has taken big government spending and use that to stimulate short of the money was spent on World War II it is never happen I don't wanna see that the means by which we."

" About ninety seconds ago as you know I was right on the oil price rise that led partially led to the recession that was driven. By oil speculators in the Wall Street and and you don't know I don't know I don't know I urge you lie about this idea lied about it's more of my general -- And -- and and you missed all other articles of the journal that said this idea of cornering the market on the part of any single person or group which you conveniently left out. But given the prices are going up now and according to all the articles of supplies never been higher why the prices going up but that this is the -- the supply is in the united holder of says they plan they can't bring any more oil and because they don't have we will support it because is so much oil already stockpiled. Eastern Europe's -- right -- it is your hotel here and he knows it's a global commodity -- but this -- Illinois. So. So if if you argue that our economy is picked up a little bit their economies and picked up a little bit. And demand is picked up a little to no speculated here again I'm not dismissing speculators I don't think they've ruled the day they'd done the system. They can have a wide Marriott fugitives that I got and I think if you remember from the last visit -- said that. With an actor doesn't listen to the financial fact. You see his GO UR is just because -- I was right on this and I'm not gonna -- you -- You know I think inconvenient truth is for you what's that that idea that you'd go -- you know what the real truth is. I'd better -- you. If you look at that but better that I -- boy next other write that McCain credible."