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Cavuto on Business

Dismal Jobs Report Renews Fears of Double-dip Recession. This week, Neil Cavuto was joined by Charles Payne, Gerri Willis, Dagen McDowell, and Adam Lashinsky.

D.C. Rushing to Spend, But Not to Cut Taxes
CHARLES PAYNE, WSTREET.COM: It's nuts, and it's getting worse. Obviously we know from Friday's jobs report the spending is not working. No one has political will to do the right thing and to stop spending. This latest spending bill is to help bailout the teachers' union, which helped elect the president and democrats in 2008. They have to pay these unions and this is how they're paying them.

Anger Grows as D.C. Dismisses Voters' Anti-Big Government Message
CHARLES PAYNE: I think ultimately it's going to take a Republican in the White House and a majority in congress. Even though this vote was mostly symbolic, I'd say it's akin to the guy who stood in front of that tank in Tiananmen Square, people are raising their voice against this government. That's all this really is. They don't like the way it was passed, the way it was sold to them and the way it's being lied about right now.

New Bailout Worries Over Government Offering Low-Cost Home Loans
CHARLES PAYNE: I don't think it's going to make much of a difference. If you look at the bulk of people falling behind on their mortgages are richer people. To me, that's the hypocrisy aspect of it. We've been told over and over again for the last two years that what the private sector did was reckless, that it was nefarious that they deliberately crushed the economy.

Takeover Takeoff Stocks: Names Ready To Take Off From Take Over News
CHARLES PAYNE: Potash Corp. (POT)

View the complete transcript here.
http://www.foxnews.com/story/0,2933,598883,00.html


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2/5/2008 - Cavuto on Business Recap of Saturday, February 2, 2007
Charles Payne, Wall Street Strategies CEO, appears every week on FOX News Business shows including Bulls & Bears, Cashin' In, Cavuto and FOX and Friends.

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