Lou Dobbs

  • Aired:  01/30/12
  •  | Views: 55,596

Fox Business' Lou Dobbs enjoys rough-and-tumble politics and loves the unexpected excitement of the 2012 Republican primary. (7:53)

>> Jon: WELCOME BACK.

MY GUEST TONIGHT IS THE HOST

OF THE FOX BUSINESS CHANNEL'S

LOU DOBBS TONIGHT.

PLEASE WELCOME BACK TO THE

PROGRAM, LOU DOBBS.

( APPLAUSE )

WHAT'S UP, MAN?

NICE TO SEE YOU.

HOW'S THINGS GOING

BUSINESSWISE?

>> GREAT.

GOING ABSOLUTELY GREAT AT FOX

BUSINESS.

>> Jon: BUT NOT THE ECONOMY.

>> WELL, I START THERE AND

THEN I WORK MY WAY OUT.

FOR THE REST OF THE COUNTRY I

THINK IT'S STARTING TO DO

BETTER.

>> Jon: IT IS.

>> I BELIEVE WE HAVE REACHED

THE TURNING POINT LAST OCTOBER.

I THINK WE'RE SEEING THINGS

IMPROVE SLOWLY, GRADUALLY NOT

AS MUCH AS WE'D LIKE.

>> Jon: HOW WILL FOX BUSINESS

NEWS BLAME THAT ON OBAMA?

>> IT WOULD BE DIFFICULT.

THE FACT IS THAT PRESIDENT

OBAMA HAS ALL HIS CAUSAL

RELATIONSHIPS ALREADY

ESTABLISHED.

WE JUST REPORT THE FACTS.

>> Jon: WHEN DID THAT START?

>> ALL I CAN SPEAK FOR IS WHAT

I DO.

>> Jon: I UNDERSTAND.

IT'S EXCELLENT WORK.

HOW ARE YOU ENJOYING THE

REPUBLICAN PRIMARY?

IT SEEMS TO HAVE TAKEN A

TERRIBLY NASTY TURN OVER THESE

PAST COUPLE OF DEBATES.

>> HORRIBLE TURN.

NASTY.

WE LOVE IT.

>> Jon: THAT'S TERRIBLE.

>> ARE YOU KIDDING ME?

A YEAR AGO YOU TELL ME ANYBODY

WHO WOULD HAVE PREDICTED THAT

THE REPUBLICAN PRIMARY WOULD

BE INTERESTING, GALVANIZING,

COMPELLING, ENTERTAINING?

COME ON.

I MEAN THIS IS REALLY GOOD

STUFF.

>> Jon: BUT IN THE WAY THAT

FEAR FACTOR IS.

IT'S NOT... THERE'S NOBODY

EMERGING THAT... IT'S MORE

LIKE OH, MY GOD HE JUST ATE A

BULL TESTICLE.

>> I KNOW YOU WOULD LIKE TO IT

GO TO SOMETHING MORE PBS-LIKE

BUT IT'S NOT GOING TO HAPPEN.

WHAT I LOVE AND I THINK MOST

AMERICANS REALLY DO AND I

THINK IN A CANDID MOMENT HERE.

>> Jon: YOU'RE ABOUT TO CALL

ME AN AMERICAN.

>> ABSOLUTELY I CALL YOU AN

AMERICAN.

>> Jon: THANK YOU.

( CHEERS AND APPLAUSE )

>> A GREAT AMERICAN.

BUT I TRULY BELIEVE THOSE WHO

DON'T ENJOY THE

ROUGH-AND-TUMBLE-- AND IT

ISN'T ALWAYS PRETTY AND

SOMETIMES IT IS NASTY-- BUT

OUR DEMOCRACY WORKS ON A

PUBLIC ARENA WHICH WE CAN TEST

IDEAS, PRINCIPLES AND VALUES.

AND WE COME TO A DECISION

EVERY FOUR YEARS FOR

PRESIDENT.

THAT'S ONE OF THE GREAT

THINGS.

>> Jon: HERE'S WHAT I'M LIKING

ABOUT THE DEBATES.

THEY SEEM TO BE THE ONLY

MANNER IN WHICH WE CAN OFFSET

SOME OF THE BIG MONEY THAT

POURS INTO THESE CAMPAIGNS.

>> I AGREE WITH YOU.

>> Jon: THE DEBATES ARE

SOMEWHAT DEMOCRATIZING, YOU

KNOW, CLEARLY ROMNEY HAS AN

ENORMOUS EDGE IN SPENDING.

IN FLORIDA AND EVERYWHERE

ELSE.

WHETHER IT'S HIS MONEY OR

FRIENDS OF HIS MONEY THAT THEY

GOT.

OVER WHOM HE HAS NO CONTROL.

>> RIGHT.

>> Jon: BUT THE DEBATES ARE IN

SOME WAY A DEMOCRATIZING

ELEMENT TO THAT MONEY, IT

WOULD SEEM.

>> I AGREE WITH YOU 100%.

AND THE FACT, YOU KNOW, THE

FACTS KIND OF MITIGATE THAT A

LITTLE.

WHEN YOU LOOK AT PRESIDENT

OBAMA, RON PAUL, RICK SANTORUM.

>> Jon: RIGHT.

>> ROMNEY AND GINGRICH,

SOMETIMES IT ELUDES US THAT

THEY'RE ALL MILLIONAIRES SO IT

GETS TO BE A LITTLE....

>> Jon: IT WOULD BE

INTERESTING TO WATCH THE

MILLIONAIRES GOING AFTER THE

MULTI-MULTI-MILLIONAIRES.

>> IT'S A LITTLE... THE WAY

OBAMA GOES AFTER BILLIONAIRES

AND MILLIONAIRES NOT

UNDERSTANDING THE ORDER OF

MAGNITUDE DIFFERENCE BETWEEN A

MILLIONAIRE AND A BILLIONAIRE.

>> Jon: WHAT?

ISN'T IT INTERESTING THAT THE

RHETORIC ABOUT CAPITALISM THAT

THEY USE VERY MUCH ON THE 99%

MOVEMENT, THE OCCUPY WALL

STREET MOVEMENT, WHEN THEY....

>> HAS THAT BECOME A MOVEMENT

NOW.

>> Jon: I THINK IT'S A

MOVEMENT.

>> BECAUSE I HAVEN'T BEEN ABLE

TO GET A VERY GOOD COUNT.

THE BEST I'VE SEEN IS REFS...

ESTIMATES IN THE 3,000 TO

4,000.

>> Jon: PROBABLY ABOUT 320

MILLION OF THEM.

( CHEERS AND APPLAUSE )

IN THE 99%.

>> HERE'S WHAT I BELIEVE IT

IS.

>> Jon: HERE'S WHAT I BELIEVE

IT IS.

IT'S FUNNY.

WHEN YOU CRITICIZE

MULTIMILLIONAIRES-- AND I'M

ONE OF THEM.

GOD BLESS ME.

BUT WHEN YOU CRITICIZE THAT,

THEY SAY THAT THAT IS SOMEHOW

ANTI-CAPITALIST.

WHAT YOU'RE NOT CRITICIZING IS

CAPITALISM.

WHAT YOU'RE CRITICIZING IS THE

IDEA THAT THERE'S ALMOST LIKE

A WEALTH INCUMBENCY IN THIS

COUNTRY.

LET'S LOOK AT IT IN TERMS OF

THE WAY THAT THE INCUMBENTS

GET TO WASHINGTON AND THEN

CHANGE THE RULES AROUND TO

MAKE IT THAT THEY GET TO STAY

IN WASHINGTON AS CONGRESS

PEOPLE AND AS SENATORS.

I THINK THE IDEA IN THE

COUNTRY IS VERY WEALTHY HAVE

GERRYMANDERED CERTAIN

DISTRICTS TO CREATE A WEALTH

INCUMBENCY.

IS THAT ATTACKING CAP

CAPITALISM OR IS THAT

ATTACKING A PERVERSION OF

CAPITALISM?

>> WHAT YOU'RE DOING IS

ATTACKING FEDERAL JUDGES IN

SAN ANTONIO TEXAS WHO WENT

ALONG WITH THE REDISTRICTING

PLAN FOR THE ENTIRE STATE OF

TEXAS THAT THE U.S. SUPREME

COURT JUST TO OVERTURN BECAUSE

THEY WERE....

>> Jon: I USED THAT AS A

METAPHOR.

>> I WAS RESORTING TO FACTS.

>> Jon: THAT FEDERAL JUDGE

SHOULDN'T DRAW THE DISTRICT

HIMSELF.

THEY DID SAY WHAT THE

REPUBLICANS HAD DONE WAS

UNFAIR.

>> NO, NO, NO.

WHAT THEY SAID WAS THAT

FEDERAL JUDGES... (LAUGHING).

>> Jon: IN YOUR HEART YOU

BELIEVE THAT POLITICAL PARTIES

CHANGE DISTRICTS IN A FAIR AND

MEASURED WAY TO HELP DEMOCRACY

AND IN NO WAY DO IT TO GIVE

ONE SIDE AN ADVANTAGE?

>> NO.

NOT AT ALL.

WHAT I DO BELIEVE IS THAT

ELECTIONS, AS OUR PRESIDENT

CONTINUES TO REMINUS, HAS

CONSEQUENCES AND STATE

LEGISLATURES WHICH ARE

REPUBLICAN OR DEMOCRAT HAVE

THAT POWER AND ABILITY TO

REDISTRICT AND HAVE DONE.

>> Jon: DON'T WE HAVE A

RESPONSIBILITY WHEN WE SEE

THOSE CONSEQUENCES BEING USED

PERVERSELY TO SAY, HEY, MAN,

THAT SEEMS ILLEGAL?

>> I THINK THAT'S WHAT THE

SUPREME COURT JUST DID WITH

THOSE JUDGES WHO TRIED TO

APPORTION ALL OF THOSE

DISTRICTS IN THE STATE OF

TEXAS NOT BEFORE....

>> Jon: ARE THEY LETTING THEM

KEEP THAT DISTRICTING MAP?

>> NO.

>> Jon: BECAUSE WHY?

WHY AREN'T THEY?

>> BECAUSE THE FEDERAL JUDGES

BECAME ACTIVISTS AND....

>> Jon: NO, WHY IS THE SUPREME

COURT LETTING THEM KEEP IT?

THE SUPREME COURT IS SAYING

YOU'RE RIGHT BUT THEY HAVE TO

REDO THE MAP NOT YOU.

>> NO, WHAT THEY SAID WAS YOU

CAN ONLY REDRAW FOUR OF THE

DISTRICTS AND YOU HAVE TO USE

THE LEGISLATURE'S WORK....

>> Jon: HOW CAN YOU CONDESCEND

TO ME THIS THEY SAID THE FOUR

DISTRICTS....

>> BECAUSE THEY SAID... THEY

REDISTRICTED ALL OF TEXAS.

>> Jon: I KNOW.

THEY REDISTRICTED ALL OF IT

AND SAID FOUR OF THEM ARE

CHEATING.

JUST FOUR.

IT'S JUST FOUR.

THAT'S LIKE SAYING I DON'T

MIND CAPITALISM BUT I DON'T

LIKE THE IDEA THAT YOU GET TO

TAKE CARRIED INTEREST AT

CAPITAL GAINS RATES INSTEAD OF

35%.

BUT MOST OF THE RULES OF

CAPITALISM IS FAIR.

YEAH, BUT THAT ONE IS NOT.

( CHEERS AND APPLAUSE )

>> I HAVE A QUESTION.

JON, FORGIVE ME FOR NOT BEING

CLEAR.

>> Jon: THIS IS NOT FAIR.

>> NO, IT IS NOT FAIR.

>> Jon: A JUDGE SHOULD STEP

IN.

>> THAT'S RIGHT.

LET ME BE THE REFEREE.

>> Jon: HERE'S THE THING.

DON'T WE HAVE FUN TOGETHER?

>> WE DO ABSOLUTELY.

>> Jon: CAN I TELL YOU WHAT

WOULD BE A HILARIOUS MOVIE.

>> I'M READY.

>> Jon: YOU AND ME ROAD TRIP

TO MEXICO.

>> YOU'RE ON.

( CHEERS AND APPLAUSE )

>> Jon: LOU DOBBS, FOX

BUSINESS WEEK.

LOU DOBBS.

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