Neil Cavuto dicusses the economy on the O' Reilly Factor

Neil Cavuto is a smart guy. There just isn’t a question about that. When it comes to the economy and stock investing, Bill O’ Reilly is out of his league. That was perhaps never more apparent than in the following video of the O’ Reilly Factor.



But the biggest thing I found in this video clip is the fact that President Obama has lied to the American public. And he is getting away with it.

President Obama stated he had a plan for the economic crisis back in late November, but we have yet to hear it. He stated that he would cut wasteful spending, yet he is approving of a spending bill with 9,000 earmarks. He stated that he would only go after the rich, yet his stimulus package excludes those over $75,000. And he stated that he would be open to comments and thoughts, yet he is actively ignoring the stock market and unknown numbers of investors.

President Obama has an agenda. He had it before the economic crisis, and before the election. He continues to follow thru with that agenda, even as it costs tens of thousands of jobs and the retirement of millions of Americans. That should concern more people than it is.

Neil Cavuto may seem harsh, or grim as O’Reilly states, but in fact he is being honest. I learned a long time ago as a stock broker, that is the least liked response. Even when you are dead-on correct.

When I spoke about the problems of Citigroup over a year ago, I was told I was stupid. When I discussed more than a year ago my fears for the economy, I was told I could not understand the big picture. Look it up, the facts are in black and white. So I understand how Cavuto feels.

The fact is that President Obama has neither given a reason, nor a soundbite to encourage investment in the market. He has ignored the well-being of millions of Americans today, with the promise of a better future for some in the unknown future. And according to polls right now, the public loves him for it.

People hate Bill O’Reilly when he points out the short-coming of President Obama. People hate Neil Cavuto for pointing out the ineffectiveness of the economic plans of Democrats right now (and Republicans when they were in office). And people just tell me they hate me of a list of reasons, avoiding any commentary on what I have actually said and/or gotten right.

What does that say about America? That we are so busy drinking sand and hiding our heads that reason is beyond us. The people that are going to pay for this is more than just homeowners like myself that are paying their bills and soon to be paying those of others. Our children, and soon their grand-children will be paying for the agenda of President Obama and the Democrat-led Congress.

I hope that President Obama saw this video, if not the actual program. I hope people around the nation saw this. Because at some point the Government needs to act as if they have a concern.

How many votes to socialism

Finally there is a glimmer of honesty coming from some politicians, though the polispeak rages on. Where might I have heard this? Was it Senator Obama admitting that, yes you, will have your taxes raised? Was it Senator Clinton admitting that universal healthcare will be worse than the current system? Was it Senator Dodd stating that he did get a special deal unavailable to average Americans? Was it Congressman Murtha apologizing to the 8 Marines, and the Armed Forces in general?

No it was not any of the above. Such honesty would likely stop the earth from spinning. No the glimmer came from Representative Maurice Hinchey (a Democrat, and sadly from my state, NY). He gave up the polispeak to state that he believes that the Government should nationalize oil refineries, if not the oil companies.



Now his views and those of Malia Lazu are stupid. Not that they are as individuals but their ideas about nationalization, or in other words moves to socialize the nation are.

Perhaps in an idealistic world nationalization is a great idea. But in such a dreamland, communism works to benefit everyone (unless you believe in any form of God). Then again, reality is the only state of existence human beings (that are not on mind altering drugs) live through.

Let me explain how stupid I feel these ideas are.

First, the Government is a failure at everything it runs. No surprise right? Only the Government employs people without qualifications (ie your local DMV or post office or former-FEMA head Michael Brown) and virtually guarantees their lifelong employment. Add to that the fact that the Government is inefficient. There is not a single department that uses less money to run than the year prior. Try to use a .25 cent stamp. Compare the budget of the FDA in 1970 to today (if you aren’t busy keeping your kids from playing with lead toys or eating E-coli laced food). And that is with the advent of computers and programs specifically designed to increase efficiency.

Second, the Government is schizophrenic. On a regular basis the Government fails to act or acts against itself. That’s because the various departments have policies or missions that overlap some other department or law or political group. Every election there is a sway of priorities and with it funding. Just look at the energy needs of America. We knew what our needs would be with high probability, yet from 1970 on we legislated (under Administrations of both Parties) fewer refineries, removed the ability to drill for domestic oil, and selected the worst options to pursue for energy alternatives.

What in the world makes anyone think that the Government can run a national healthcare program or oil companies? Let me correct that. Why do some think that the average American is so dumb as to believe that the lopsided, inefficient, debacle of Government organization is better than market and/or individual decision making?

I will accept that 80% of the oil in the world is owned by national companies. But none of those countries are as large, wealthy, diversified, successful, or free as America. Do we really want to compare Venezuela, Mexico, or Sweden to America? Seriously.

Malia Lazu does skip over the heart of American life.

“…the goal of corporations is to make as much as possible for their shareholders...”

That ideal built the nation. Microsoft made home computers, and therefore the internet, a reality. They did it because of the profit. The decades of computers and the internet being created and used by academia (1950 – 1980 at least) didn’t make it one penny more affordable or usable by the public. The same can be said of most ever industry in the nation.

“…if were going to start talking about crazy policies, like killing our environment…”

Please someone do tell me which politician or policy mentioned killing our environment? Not an interpretation that comes up with that statement, but an actual intent to kill our environment. Because you can interpret anything if you try.

But if you want to look at crazy policies try this – spend 25 years ignoring any energy alternative, then pick one alternative (that no other nation uses) without consideration of the consequences and pour billions into it. That is stupid and crazy.

And yes I mean corn ethanol. If you wonder why the portions of your food are smaller, or the same size and more expensive, just look at corn ethanol. And while you are at it ask an eco-freak why we use corn ethanol even though it is believed to be the singular cause of dead zones in the Gulf of Mexico. Directly killing every living thing in the Gulf, that is a crazy policy killing our environment. [For those that don’t know, every nation that is successfully using ethanol makes it from grass, not food.]

The Presidential election will decide the energy path of this nation for decades. That is if that future President has the balls to say ‘Making a single choice is the wrong choice. America is defined by picking the best out of a bunch; and we need a bunch of energy options.’

Any Presidential candidate that refuses to make that kind of statement should not discuss anything about energy. Because anything less is either a lie, or based in the stupid notion that the best answer for the future is known today.

As Neil Cavuto correctly states, energy policy in America over the last 30 years has been

“It’s your way, or my way, or the highway.”

That policy, followed with steadfast implacability by both Republicans and Democrats, has led to an increase in crude oil prices of 1566%. How much higher will that price go in 10 more years of the same policies?

How much higher will the price be, and the worse off citizens will live with, in a socialized oil industry?

Neil Cavuto discusses illegal immigrants and Home Depot - 6.27.2007.1

Today on Neil Cavuto’s show (on Fox News from 4-5pm) Mr. Cavuto had on a guest, a professor whose name I did not catch, to discuss a proposed law. I need help on verifying what this law states, but it seems that Home Depot is being required to provide for Illegal immigrants that are looking for day labor in front of their stores.

Again, I need to read this proposed law (someone must be familiar with it and can provide me a link), but if this is the essence of the law, then someone has lost their mind. How can anyone realistically expect a company to provide for illegal workers?

First let’s think this through, which the professor defending this proposed law seems not to have done. In essence it means that if a panhandler is standing in front of your grocery store, as an example, you the owner must provide for that individual. You have a Mime; you need to provide them with shelter, water, restroom facilities, and anything else you would provide an employee. According to my understanding you must essentially take on another employee, that you have not hired, that provides no benefit to your business, which could theoretically sue you if you failed to provide these benefits to them.


Then add the fact that this person is an illegal immigrant (alien) and you have a person that has violated the law pays no taxes, and may well be taking money out of the economy if they send any money to their home country. There is a business plan.

Perhaps I am wrong. The law may not state this. I may be missing something, and I hope I am.

Now some may say this isn’t fair. They are just undocumented workers trying to make a living. That may be true but the document they are missing is a birth certificate proving U.S. citizenship. There is no obligation to take care of them. They have no rights in this nation and are criminals from the second they enter the nation. No matter what anyone may call them this is a fact. Anything done to benefit their lives is a kindness, not an obligation. If that is upsetting to these illegal aliens/immigrants/undocumented workers then they can leave. They don’t even need to sneak back home, the government will take them their, and it’s on our dime. They can thank us later.

Some will say, ‘This is just racism in disguise.’ How? Who is this racist against? I’ve made no distinction on what illegal immigrants I’m speaking about. Nor do I wish to create a system of preference. If you are not a citizen by birth, not naturalized, have no immigration papers or other documents saying the government welcomed you here; you need to be kicked out.

That means if you are from Tbilisi, Milan, Jakarta, Berlin, Tokyo, or Mexico City and you are here illegally the above applies to you. The fact that the majority of illegal immigrants are from a neighboring country is incidental to the above, not because of it. I don’t think most people would allow a neighbor to just walk into their house, take the food out of their refrigerator, order movies on their cable account, and take their movie DVD’s. Then if the neighbor got hurt in your house, you get sued and have to pay the medical bills. Sound like a bright idea? Would you do it? Of course not. It’s the same thing with nations as with people.

Mark my words, if the proposed law is enacted, it will not be limited to Home Depot. The bum on the corner will have the same rights as the illegal immigrant at Home Depot. It’s not about race; it’s about where my taxes go, and the cost of goods. Illegal immigrants make both go up, especially when dumb laws like this are made.

Worse still if, like many other trends, this catches on and several other states start adopting it. I mean this law is based in the same state that recently had a city ban smoking in your own home. Yes, there was a restriction on smoking [to be exact at least in apartment buildings] that applied to every person, even if you are over 21, can vote, a citizen with the right to something… what was it… the right to life, liberty and the pursuit of happiness. Nothing like being told you can buy a legal item but can’t use it as is intended.

But I detract from the point. This law is stupid as I have come to understand it. If anyone can provide me the exact wording, I’d love to see it. If anyone can explain why I or anyone should be forced to spend my hard earned money on factual criminals, I’d love to hear it.

This is what I think, what do you think?