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tv   Cavuto on Business  FOX Business  March 16, 2014 1:30am-3:01am EDT

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deserves. >> he should be our mascot or maybe on the panel. >> you andjonas. >> all right. did big labor just deliver a big blow to obamacare? hi, everyone, glad to have you. neil cavuto. it was the very first union to endorse senator barak barak? >> people are working hard, they're doing the right thing and they deserve decent wages and decent benefits. >> so much for that, because now those very workers have ripping the president's health care law, where they say are riping into their decent pay and decent benefit. charles payne, what do you make of this? >> well, i kind of see at this time other way. i think president obama hit theen whys with a big blow. i got to tell you, the president
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is building this giant utopian welfare society. it's very expensive. we got the highest corporate tax in the world. we got to go for the money. by the way the unions have money. they're learning a hard way at the end of the day on the pecking order the environment ammists are up there. president obama is up there. they're starting to fade, they don't like it. it's starting to pocket. >> i think if you read this report from this union group, it says they approve of the effort to extend coverage for the under and uninsured. as long as we don't have to pay for it and our health insurance doesn't change in anyway. >> by the way, i will point out the new battle front and the one that is looming is the cadillac excise tax of 40% on very large health insurance plans, because that is going to hit. >> you knew that. >> that is going to-it the unions both private sector and public sector squarely. already, employers and cities and states are trying to massage
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the health care coverage the reason workers get. >> she's right. >> i think this proves you need part of the 1%. >> we should start an occupied movement union next. listen, they get very good benefits. they make a decent amount of money. they are a part of the 1%. if this system is going to ply, they have to pay. >> they are not a part of the 1%. >> they make a lot of money. when you work for the union, you do okay. >> i don't think we can make a general statement. >> by any chance, were you a child of a union worker? >> yes. >> it's in overtime. >> adam. quickl quickly. >> well, i think we, you all need the get past your hatred of the president's health care law. >> i love it.
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>> that's mean. >> first of all, charles, i mean, president obama didn't create the united states as a welfare state. >> you are trying to recreate the welfare state. >> reagan, so nothing could be further from the truth. second of all, you know, going back to the tiny clip of president obama when he was a senator saying he was in favor of decent wages and decent benefits hardly condemns him. i understand the union's objection. that's fine. let them object. everybody can object. the key should be to try to make this health care law work better not to tear it down. >> we chose that at a time when there was a shift among union backers from hillary clinton to the president. that's why that was chosen. by the way, ben stein. >> thank you. >> ben stein. what do you make of this? if you are losing your friend, it's bachltd that is on this healthcare law beginning with
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waivering democrats, union backers. what is to become of this? >> well, mr. obama does front his backers. what i don't like this idea is income equality has become an obsession with media and the president and with everybody. i'd go back to our brilliant colleague charles payne said early weeks ago, indemnity is not on this thing and obamacare and overtime pay. it's based upon the fact that people don't acquire education, don't acquire human capital, don't acquire work skills and are unable, trevor, to join the middle class. that's the real problem. it's not some little blip in obamacare. obamacare is a further hepp episode of government meddleing. but the real reason people are not in the middle class is by and large. >> i totally disagree with you. >> that is one factor. so are all the other factors. i don't know why you would criticize the president and others for raising such an
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important issue because it is an important issue. it relates to health care. >> quickly. i'll finish quickly. improving access to health insurance for as many americans as possible is one way to solve this problem. one way. >> all right. i was going to interrupt. >> i agree with you there. >> but charles payne, here's the point. the issue is health care itself which started as being a great fad to unions and all those arguing for it. the more it's reality. now the more reality is hitting back, the more they're saying this isn't what we want. >> and now that, chickens are him quoing on thef radio, it's not great. >> it's extraordinarily expensive. everybody knew. there were promises made or strongly hint to that that certain people wouldn't have to put anyics in to get in the game. unions in a cadillac plan were wink-wink off the table.
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>> they were hurt. they will get hit. >> they will get hit. >> it's a stretch to call eight part of the 1%. let's face it, you said it, public sector unions do very little. a fireman in orange county retires with a nice pension. he makes a lot of money on overtime. he's much more -- >> he is. >> he's much more middle class than president obama portrays. they will have to get sucked into this mess like everybody else. >> he is right in terms of executives and white collar workers. many of them union members have the same type of very luxurious health care benefits. >> and pension benefits. >> i want to point out one thing about income and equality because this health care law because of the cadillac health care taxes coming down the pike 2018, a lot of companies are already acting in advance of that. you now have high deductible plans for the workers. workers are paying more premiums
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and out of pocket expenses, but that hurts their own income, what they're taking how many. how is that helping those people who need hire and comps? instead, they're taking home less money because of health care costs. >> you know the best point to pick up on that point with you, just because we had a lot of deadlines pushed back, doesn't mean the company sid still has to plan for their eventual arrival. companies are going to telegraph what they will do to those workers, those benefits. so they will get them, i would assume, a lot of advanced warning on this, when that news starts coming for a lot of americans and folks in general who don't much like change, regardless of whether they pay more for it or not and most will pay more, it's not going to go down well, is it? >> well, it's not going to go down well. the fact is mr. obama has a dedicated core of followers and liberals and the economic aspect groups. they're not going to desert them. we fund this, we middle class people can desert him and not like him.
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he has a solid work factor. >> you are middle class? >> well, compared with you. compared with you. >> there is middle class sensibility. >> you know, unions aren't middle class is absurd. unions are clearly in the middle class. >> it was the public sector. >> i know. move on. why? >> ben just said, i don't know, i think the white house is saying red flags. it's one thing for people to like you a lot. to argue a lot. to be traditionally on your side, but as this thing goes on, where are the millions of people who were supposedly clamoring for this? why did they lose a special election in florida? what is going on that democrats should be afraid? >> union leaders are trying to get meetings with the white house and officials in the administration trying to unchange what they don't like about this health care law, so far, they're not getting anywhere. >> in the meantime, unions are not just protesting the health care law, some are protesting a
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$100 million donation. it's a weird story the reason why the forbes gang is getting ready to protest their protest. they're wonderful guys. when they protest, it's not like maybe your image of a protest, but still, they just rip open the grey bpoupon. that's coming up. did senate democrats just ask to be the butt of jokes? because they're using this guy, this guy, to say the climate change is not a hoax.
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security. unless someone like you cares a whole lot of lot, nothing is going to get better. it's not. >> a bedtime story from the senate floor but is climate change becoming aboard? americans don't put it high on their list of things that make turns and twists. >> that didn't stop lawmakers from talking all night. to our own ben stein for whom this is giving an awful gripe. >> i've done ad marketing for a long, long time. he's an intelligent guy. congratulation, i have known him. he's a sfrooek freak. it's a freak show. a carnival slide show.
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we don't i don't know e know if climate change is real or man made, certainly, no one in his right mind believes a senate all nighter will change anything much. what it's about is a diversion from real problems and also the democrats urging need to control people. if you ask a one-word for the democrats, it's control. control of people'sing as, thoughts, beliefs and republicans don't believe in that. we'd like to be able to do their own thing. to save some control, that's what obama is about. that's what the senate democrat is about. >> it's interesting, i don't care what people's views are on climate change. i have things i can think of a few more pressing, working all night would be important. >> it's like 75% people living paycheck to paycheck? >> this might be one. >> senator kerry reiterated. the secretary of state, this is the most impressing issue. forget about vladmir putin,
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china, syria, this is the most important because it's one degree higher. we need to be afraid. but that's the big point. how do you control people? typically, it works through fear. right now people have more than fear. how the heck do i pay my rent in this economy? >> those gallup polls, economy was first. next to, near the bottom was climate change and the environment because jobs are more important. but, instead, you side, are the obama administration with the green movement. with the environmentalists. you don't pass the keystone pipeline. even though the unions are for it. >> take texas. it registered with the dates, whatever. >> i think it's a lease. >> democratic faith love this. there, obviously, is some climate change going only. we don't foe what is causing it. >> you work all night. >> i agree.
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>> senator martin, he's a congressman, is an incredible liberal man. >> he's terribly brilliant. >> he's terribly liberal and fatuous. with herbal life. you know why he would sit there and blow smoke on the taxpayer's time. >> it's not an awful thing. is it a distraction to ben's point and does this show where the mindset, certainly, in washington will be the next couple of years. nothing will get done. we will do this side show stuff. other side show stuff. we will doth not do the real issues, on the left or the right, adam, what do you think? >> i don't agree, i think it's a disservice to say john kerry is not paying attention to ukraine, syria, the middle east and the climate change, nekd secondly, neil, we don't -- let me finish my point. >> one of these things is not like the other.
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this is not dr. zeuss. >> i am not listening to you, you are not giving me my chance. secondly, we don't ask our leaders to pay attention to the issues that rank high in the poll. we ask them to do their job. i don't fault them. >> it's no job. >> to doing what they think is important. it's not like this is the only thing they're dock. come on -- >> you are a terribly brilliant guy, surely somebody -- >> don't call me fatuous. >> terribly, you are very, very brilliant guy, surely, you don't think the senate having an all nighter on climate change is going to affect us at all one way at all period. not one millionth of a degree. >> one thing is you were more ready for the xamg with the analysiana --
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for the exam with the analysis? >> they are, by the way, already in the process of doubleing the economy standard on cars and light trucks in this company by 2025. that's a huge burden for the auto-makers and anybody. >> they don't have to stay up all night for that. >> that's already in the process, what more do they want to do to this economy? >> did they keep the lights on? >> we don't know. meantime, kids are buying, parents are wondering, goog
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call it passing the buck. parents from suing google over game apps on their phones and tablets, claiming the company makes it too easy for their kids to buy stuff without their permission. charles, what do you make of this? >> it's ridiculous. the parents suing google, step up and be a parent. i will admit it's harder to be a parent today than it ever has been. kids know they have power, they can make a phone call. this is how you get 18-year-olds who sue their parents for all kinds of luxuries and stuff but at some point step up and be a parent. >> someone is scratching at a wound here. all right, diggen, what do you say? >> i'm going to sound like the
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biggest fudy dudy. what parent is handing the kid the phone and the child is in a position where they could purchase -- >> these game makers very easy to do. >> blame the -- >> i have two little guys who do just that. the next thing i know there's a ups truck backing up. >> by the way, apple settled with the -- >> absolutely. so there's precedent for this. >> i don't have kids but my 10-year-old nephew did text me the other day which i thought was scary. >> what's scarier, your 75-year-old mother texting you in the middle of the night. >> ben stein, what google's responsibility, the parents' responsibility? >> of course it's the parents' responsibility. it's a further way for people to try to control other people's
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lives. it goes back to my theme, there's a lot of people who get off on controlling other people. so what if the kid does buy a few dollars' worth of stuff. it's not going to ruin most parents. if it does, then they were careless and shouldn't have left their credit card out. this is another control freak issue. >> this is just money lost under the couch. to adam it's different. >> i guess i have to speak as the voice of experience. my 7-year-old asks me sweetly can i buy this. i don't know how long that sweet request is going to last. the technology companies have it in their power to prevent that price gouging. >> how do you know it's gouging? maybe it's a bargain. >> can i just -- >> i don't know if litigation is the right way to solve this but i'm telling you, the technology companies could control this if they tried. >> go ahead. >> do not let them use your phone or your tablet! don't let them play these games.
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>> that's a good one. >> parents give them phones. my nephew has a phone. >> that's the problem. get over yourselves. don't give them access to it. you're all weak lgs, all of you. >> i don't know how it got stuck on this damn site. i want to thank you both very much. when we come back, one month until tax day, stocks to
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turn your tax refund into very big returns. charles, what do you got? >> silicon ware, they make any device you have faster, more reliable. i think it's going to continue to break out here. >> adam, what do you make of that pick? >> it's a classic high risk, high reward, way too volatile for my conservative investment tastes. >> what suits your tastes? >> van guard total index, that's the way to play the stock market consistently. >> i assume from that, ben, you like that pick? >> i love that pick a lot. that's a very sensible pick and i have to say adam is a quick learner. it's only taken him a few years for him to get this. >> what do you like, ben? >> b.a., boeing. even though there have been defense cut backs and problems with their airliners, this is an incredibly well managed company.
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i don't guarantee it will go up by tax time. >> i don't know what the impact knows that ben doesn't know -- >> great line. >> $5 trillion in sales, they have to make money. >> all of these guys are terribly brilliant or we wouldn't be here. we roll on. coverup, a house committee releasing a scathing report over former irs official lois lerner's involvement in the targeting scandal, is considering holding her in contempt. even without her testimony -- these e-mails from learner are the smoking gun. calling tea party groups dangerous and showing it wasn't just rogue irs workers in cincinnati, a claim the administration kept making, including the president. >> you've got an office in cincinnati in the irs office that i think for bureaucratic reasons is trying to streamline
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what is difficult to interpret whether nonprofit is actually a political organization. >> but lerner said cincinnati should not be included in all this. so is it time for the white house to come clean. i'm david asman. welcome to "forbes on fox." we have steve forbes, mike oh, sane yan, elizabeth mcdonald, and john tanny. john, the white house was dumping all this on cincinnati but the lerner memos show she wanted to keep them out of it. >> the reality is that the course of history may have been changed by the irs' actions. groups formed influenced the 2012, to blunt the obamacare ground game were muzzled by the irs. this could have changed lector yal results, legislative results. the administration has to come clean about what it knew and what it did. >> the president said there's not a smidgen of scandal here.
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looks like more than a smidgen. wouldn't you say? >> look, you have to point out here, lois lerner does not and did not work for the white house. that's number one. the question presumes that this couldn't have happened without white house knowledge, and yet i actually went back and reviewed it, it was a good opportunity to do it. so far nobody has stepped forward with any evidence that links the white house to any of the things that ms. lerner or cincinnati or anybody were doing here. aren't we jumping the gun? you are innocent until proven guilty. >> but there's a lot more evidence coming out. the timing of the, the 2012, the republicans were designated. it was just about that time that the irs targeted the tea party. coinciden coincidence? >> exactly. i'd love to be able to live in a world like rick unger does. you cover your eyes and your ears and accept the narrative that's out there without getting
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a special prosecutor to tell us what happened about the white house's potential government. we are a government by the people and for the people. this isn't by the government for the government. the perspective, what is going on with the dna of our government where we're allowing the irs to behave like this without any checks and balance, without a special prosecutor to get to the bottom of the shiefling of political dissent. >> bruce, the fact is that the white house and their mignons have been throwing one office and a group of people working in cincinnati under the bus when, in fact, it went much higher than that. the cincinnati people aren't taking it lightly. there's a woman named elizabeth hoffenger who worked in that office and here's what she had to say about being thrown under the bus. >> i was deep ll lly offended. i felt like it was a nuclear strike, like they were blaming us. >> bruce, you shouldn't be able
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to get away with that, should you? >> i do agree with rick that we don't have a shred of evidence yet relative to the white house and i think this does potentially give other irs workers who didn't have anything to do with anything in cincinnati, whatever happened, but i think the chairman blew it in the last week because he pulled the plug on the microphone of the democrat who -- we don't even know what he was going to say. >> eli sha cummings. >> it was a political story and then you have the white house saying it's politics. >> what's more important, decorum during a hearing or getting to what happened? >> i apologize for that hissy fit. it was a mistake but the it was a side show. there hasn't been much evidence because there hasn't been much of an investigation. the justice department made sure
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that didn't happen. all these incriminating memos, it's a whitewash and that's why, sadly, we need a special prosecutor, things that i hate. you saw that smug interview the president had with o'reilly saying there's not a smidgen of corruption and nixon said he knew nothing about watergate. >> let's play that sound bite. >> you're saying no corruption? >> no. there were bonehead decisions. >> but no mass corruption? >> not even a smidgen of corruption. >> mike, the fact is that ice's report that came out this week mentions a lot of inconsistencies. it looks like lois lerner committed percentage. in february of 2012 she testified that she never changed the criteria for tax exempt organizations but they found a memo from june 2011 in which she directed the criteria to be changed. that sounds like purge. that's more than a smidgen. >> when i look at this obama
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administration, you got to look at the broad pattern here to see how much they deceive and lie, right? they never told the truth about benghazi. they deceived us on that. the president himself lied for years about obamacare. er eric holder was held for the gun smuggling in mexico. they have no cred ability at all. right up to the president they knew what was going on with the irs. they lie and deceive about everything. >> rick, i got to ask, it's a hypothetical but if this was being done by the republican administration, do you think that you would be calling for a special prosecutor with all of this evidence that's been leaking out? >> actually, i would, and this may surprise you. i actually agree with lizzy more than you might think. i think we should have a special prosecutor, and one of the things i would like about that is that a special prosecutor would easily discern between
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lois lerner and the white house. i think it's a really bad idea that we are con flating those two. i'm actually all for a special prosecutor. >> the irs works for the treasury department and the irs council is a political appointee. when asked during congress what do you know about this he said i don't know, 80 times. doesn't that tell you that something weird is going on here? >> it came from the white house. >> hold on a second. i want to get to john's point which is very important. there was a political election that may have been influenced by what the irs was doing. we saw the political power of the tea party in 2010. it was enormous. it wasn't used by any means, maybe that was the republicans' fault, but this could have affected the outcome of the 2012 election, no? >> you had organizations mobilized, volunteer organizations mobilized, it made
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a huge difference in 2010 and the white house knew they were in trouble in 2012 and had to e mass ka late these organizations and they did. they were much more concerned about going out and doing their job and more concerned with staying out of white house. the white house, the fact that they appointed somebody who made political contributions to the president to do the investigation, come on. >> even rick thought this was ridiculous. hold on a second. i want to get back to john because he brought up this point. john, do you think that had the tea party not been focused on the way it was by the irs, they could have had more effect in the 2012 election campaign? >> i think your question, your point answers it. of course. look what happened in the 2010 elections. so there's a very real incentive to blunt the actions of these groups. the idea that there's not a smidgen of evidence, in there were no evidence the obamacare administration would be forthcoming with the details and calling for a special
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prosecutor. >> who said they haven't been? you're assuming they haven't been forthcoming. >> they are hoping to change the subject. >> wait. your presumption continues to be that they know something they aren't telling us. >> where are the e-mails, rick? where are the e-mails and memos? >> all the e-mails that have been subpoenaed by the irs haven't been turned over because they're incriminating. >> let me ask you something. >> quickly, rick. >> of course. so does everybody. has anybody yet, anybody, come forward to say that the white house told them to do something? nobody. look, we have an american system of justice, like it or not. >> memo after memo that is contradicting what has been said under testimony. there's a word for that, rick. you know the legal term. it's called perjury. these are high officials. as long as there's suspicion of
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perjury, i think we need an investigation. even rick thinks. we have seen plenty of protests before but not like this one, why big labor is fighting a $100 million donation
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if you wear a denture, touch it with your tongue. if your denture moves, it can irritate your gums. try fixodent plus gum care. it helps stop denture movement and prevents gum irritation. fixodent. and forget it. it. now back to "forbes on fox." so you think a $100 million donation to a hospital would be a good thing, right?
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wrong. some union members actually protesting a $100 million donation for the new york presbyterian hospital. why? it's because the contribution came from philanthropist and industrialist david koch who supports conservative causes. steve, you say this is exactly why unions are losing support over america. >> they're more interested in political power than they are in improving the standard of living for their workers. otherwise they wouldn't engage in this kind of thing. it shows they've become unhinged when they go after david giving $100 million to the hospital. it helps the poor, workers, creates jobs and helps health care. but it's all about politics like thing maxists in the 19th century. >> we reached out to one of the unions supporting this protest. they say we fully support donations to health care facilities but at the same time we're committed to making sure
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that all communities have access to good jobs and quality health care. we're deeply concerned that the anti-ideology of koch may have a negative impact on the hospital. 30% of their industries are unionized. they have a pretty good relationship with their workers. >> just so everybody understands, the reason the sciu did this ts they're concerned that the kochs would use their influence there to get rid of the unions working at the hospital. we don't know that that is true. there's an irony here, the kochs are spending millions of dollars trying to defeat obamacare despite the fact that it exists. they got involved with a misrepresentation in an ad. how do you dislike somebody who gives $100 million to the hospital. i wish they would have given it to the safety hospitals in new york. >> they are trying to prevent a government takeover of health care. that's how they put it. here's how david koch put their
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views about the protest. they said david koch is pleased to support new york presbyterian to help build the ambulatory care center that will enable the hospital to provide quality health care to even more people. mike, they're taking the high road. >> this was a dumb move politically and economicicly. it shows how brazen they are in protecting their own self-interests. economically that 100 mlgds could have been used for people who really need it. >> bruce, while the kochs are taking the high road, look who's taking the low road. it was seen in the united states senate by senator harry reid. play the clip. >> the koch brothers are willing to do anything, even exploit americans suffering from cancer to advance their campaign of distortion. >> talk about low road. you can't get lower than that.
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>> well, senator reid does get a lot of support from the service employees international union and i don't really think this is so much about the unions deteriorating. health care partly because of obamacare is fertile ground for union organizers because there are going to be more and more jobs created in health care to treat all these paying patients, if you will. i am a little surprised that the koch brothers -- $100 million to them, this is a rounding error for them. >> in anybody's book that's a lot. it's hard to cut a $100 million check. the fact that what this shows is that unions are more interested in politics than about helping people, whether it concerns jobs or health care. >> it seems that way. i'm wondering when is the irs going to scream for the words union or sciu. what harry reid said doesn't fit on a bumper sticker. this move by the koch brothers will help the poor. i spent time at this hospital. they do help out the poor. it would create nursing jobs as
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well. that's the irony. >> john, i got to agree and say when my wife was last there, she was sharing a room with a homeless woman. they take care of the poor, the rich, everybody in between. >> absolutely. and it should be stressed that the koch brothers are trying to protect americans from substandard health care programs designed by the federal government. there's a big difference there. more broadly, when you look at the money, this speaks to why the unions are going the way of the beta max. if george sorros would have given it, no one would have said anything. >> rick, you think of the unions that were supporting this protest. at least some of that $100 million is going to create jobs, right, for the unions? >> it probably would. again, they're afraid that the jobs won't be union. i got to disagree with lizzy on something and let me get it out before you jump on me.
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new york presbyterian is not there to help the poor. i've been there. i've operated in there. i've been in the emergency room. not only that they have one of the worst records in the country of charging full rate card to the uninsured and then suing them. >> i got to say when my wife was last there, her roommate was a homeless woman so they do take care of the poor and the wealthy. coming up a barber shop refusing to serve pot heads. is it really about making a good business decision. ♪
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i'm sure you've seen the signs, no shoes, no service, but what about no sticking pot heads? a barber shop in colorado telling customers who reek of marijuana to go elsewhere. they're burned up over the rule saying it violates their state constitutional rights. steve, you say the owner has this one right. how so? >> first of all, it's not about sexual orientation, race or religion. it's about what you wear and go into that store smelling like. if you stink, why should the store have to serve you? it's good for business, families like to go there and knowing they're not going to have to -- >> bruce, a lot of mothers have been smelling pot on their kids when they come back from a haircut. they don't like that and the kids are afraid that moms are going to think they did it.
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>> i plead the fifth because my mom is a big fox viewer but you could be turning down a big potential business here. i don't know if it's a good business decision. you might get a lot of big tipping dopeheads coming into your store. you don't really know what the market of this group is going to be so you might want to be careful of just how you deal with this growing group of people. >> i kind of agree with bruce. maybe the barber shop can charge $500 haircuts like senator john edwards did. i agree with steve actually, children were affected by the marijuana. >> when kids are involved you want to take exception, right? >> you know what, kids aren't involved. they're not smoking a joint. they're walking into a place where somebody smells bad. i walk into a lot of places where kids smell bad. i wonder if these guys ever had a drink and went into a walmart?
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>> i got two words for you and rick, that's contact high. sometimes you can do that. go ahead, mike. >> you got to actually be smoking. >> you'll probably end up with two kinds of barber shops, one like leave and elizabeth described where they don't have to smell marijuana but others where they do. maybe they'll sell cupcakes, oreos. >> whether or not it's good for business is not the point. in the u.s. we have property rights. you if you don't want to should have someone you haven't have to. this is america. >> this is indeed america, as strong as it has become. are role models like these a big reason young adults in the labor market is near a 40 year low? >> first,
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no luck of the irish here. our pros have stocks that they say will bring are you plenty of green. >> ishares. it's a broad total etf. it's cheap. >> etf is a collection of stocks. mike, do you like it? >> i do. if you are an investor interested in a big portfolio.
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>> wtr? >> i think that's going to be good. >> water the new oil? >> yeah, it's working with waste water, too. i like it, buy it. >> that's it for " " " " "forbe fox." thanks for watching. the number one business clock continues with "cashin' in." stay tuned. parts of the world on fire and obamacare is flat lining here at home. where is president obama? >> do you send ambassador rodman on your behalf? >> mr. president, the stuff is hitting the fan. should you be yub yuking it up with comedians or working? plus are young celebrities like this bad role model for kids? you're acting like a spoiled brat, your buddy lindsey is a loon and miley is a mess. maybe our kids should stop
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looking up the people like this and start looking for a job instead. then the malaysian airline story captivating the world over and "cashin' in" may have a way to make sure this never happens again. the number one weekend cable show starts right now. hi, welcome to "cashin' in." our crew this week, wayne rogers, michelle fields and juan williams. welcome, everybody. is the left out of touch or out of their minds? >> it's time to end their obsession with destroying the affordable care act. >> nancy, maybe the gop is obsessed because millions of americans are losing their health care coverage and millions more are paying higher premiums because of obamacare and the president is obsessed with the law, too. he thinks it's okay to joke around about it. >> it's fair to say i wouldn't be with you here today if i didn't have something to plug. have you heard of the affordable care act? >> i heard about that. that's the thing that doesn't work? >> i get it. the goal of the funny or die
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video is to get young people to sign up for obamacare. but michelle, young people aren't dumb enough to sign up for something so expensive because president obama thinks it's funny? >> this is desperation. people don't want to sign up for obamacare because it's a bad deal for them. what the president should be focused on right now is dealing with the high unemployment that young people are suffering from. he needs to creates jobs. instead he's acting like a salesman when she should be acting like a statesman. he's trying to sell us one big fat lemon. he should be trying to lead this country instead of being an insurance sailesman. >> they're trying to get young people on board because they need the young people to make the thing fiscally work out. >> but he's not a pitchman. the president is not joe is zu zu. he's supposed to be a leader. it's disturbing that he doesn't
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get that. people have lost their insurance, lost their jobs, lost hours at work, and obama thinks ats hilarious. he's accelerating the march towards tyranny. what he's promoting is statism. that's all this is about, statism over the health care and the country at large. >> juan, do you think it's working? do you think all these ads that they're rolling, they're literally trying to cater to young people with these hipster videos. is it working? >> there's no doubt about it. that video got a tremendous response all link tuesday directly to the health care website. they got a huge push out of it and it's amusing to me to hear you guys trying to discourage young people from participating in the system. you have 48 million without insurance in this country. you have an opportunity to breakthrough, do something good for our society, and you guys are nay sayers. there's no question it's working.
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>> wait a minute. you said there's no question it's working. what metric are you using? >> the number of people who watched the video and then went to the website. >> how many people actually watched it and signed up for obamacare? >> maybe juan's right. maybe a lot of people did see a side of president obama that they didn't know. wayne, is that what we need though? do we need a commander in chief with parts of the world on fire tackling the big issues or yuking it up with a comedian? >> i don't know. you have a choice, you can watch him on the golf course. he's pretty go there, too. i think that this -- the problem here is the fact that, yes, you had a number of people who watched the video. how many of them signed up? and then the real key question is of the ones who signed up, how many of those are going to pay the premium? they don't ve any idea. they don't know. >> wayne, you made a perfect transition. listen to this and weigh in on kathleen sebelius's claim right
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afterwards. >> how many of those that have signed up, that have enrolled in obamacare have paid their premium? >> i can't tell you that, sir, because i don't know that. >> so wayne, pretty scary when the secretary of health and human services doesn't even know. >> eric, she's only charged with the responsibility to know those facts. you've got idiots running this thing. that's one of the problems. she doesn't actually know how many people have paid in, but they talk about it in great detail about all of these people have signed up. it's idiotic. >> i have to think that if i'm apple or i'm google, i know exactly how many people are signing up for stuff. amazon can tell you their inventory at a moment's notice, yet something so important and they have no idea. >> we're confusing political and economic force. apple appeals through trade. the government is force, eric. the point isn't that the
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president is liked. he's not a talk show host. he's supposed to be respected and feared. i don't care how many people signed up. he demeans the office and all of us he's supposed to represent. >> show me the number of young people who are enrolling. that's the total. they were looking for 7 million. so far they have 4.2. looks like they'll never meet their projection. give me the young people. 18 to 35-year-olds, only 25% of these people have enrolled. juan, this is far short of what president obama was looking for and the hhs. they were looking for 40%. that tells us that fewer young people -- their numbers, not ours. their numbers -- >> they were looking to sign up -- >> it's going to cost ah holot e to hold up the system. >> you need young people because you need healthy folks to pay into the system. if they can get somewhere near 30%, the insurance companies will be happy. to the first point, the insurance company has the data. they're the ones that are getting paid. that's the structure that was
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set up as on accomodation to republicans so this health care system would not take that business away from insurance companies. they're the ones that have the numbers. they're the ones that know if someone promised to pay has paid. just wait a second, you guys are so quick to put it down. one final point, you know what, i remember, was it richard nixon on "laugh in." george w. bush on "deal or no deal". >> wait a minute -- >> you guys were making the point that this was wrong for the president -- >> it is wrong -- >> that she's somehow demeaning the oval office. >> it's wrong to advocate for statism. >> you said doing a humor show demeans the office. i'm telling you you're demeaning this show. >> that's what he's doing, shows no respect for the office or the people he's supposed to represent. >> what did george bush do on "deal or no deal"? >> that's not fair.
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that's not a fair assessment. >> you guys are fair. >> george bush didn't appear until after he was done. michelle, if only 25% of the people enrolling are young people, not the 40% that they project, all these numbers are going to sky rocket on costs for obamacare. >> yeah, and if young people don't sign up, that leads to the death spiral. there has to be young people in order to subsidize the older and sicker people. to juan's point, every day it seems like we wake up and obamacare has been changed. there have been at least 25 changes toor delays to this law. if this is so great and amazing, why is the president single handedly destroying central parts of the law. we found out that he killed the individual mandate? >> it's about control from the start. >> i got to get wayne in here before we go. >> i think what everybody is
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saying here, when you compile all of this, the law doesn't work. they've got to start over. they've got to abandon it. they've got to cancel the law and start all over. this is not working. we know it's not working. statistically it's not working. the people in charge of it don't understand it. it isn't working. cancel it, start over. >> and the people don't like it. the majority of the people either want it fixed. we'll have to leave it right there. continue the conversation on twitter. twending on twitter 7 weeks in a row. obamacare is not a messaging program. some pigs are too ugly for lipstick. al hard line says, the middle class is suffering, caught between barack obama and a hard place. even gop presidential front runners are watching eric bowling discuss the latest
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problems with obamacare and how unpopular it remains. hashtag "cashin' in." justin lindsey and miley rolel for kids. that's why fewer kids are out hunting for jobs.
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check this out. justin bieber being bratty during a video taped deposition. lindsay lohan in a video about her life and miley cyrus trerking on her tour, maybe it's a coincidence that so many of our youth aren't working and are at the lowest level in four decades. at the lowest since jimmy carter no less. >> people try to put us down! this has always existed. this is nothing new. miley and just din and lindsey reflect the culture. i don't think they're the cause of it. what are kids today told by their parents, schools, politicians that america is not exceptional, that their lives don't mean anything, that they should make their lives and
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sacrifice and if they accomplish anything they didn't build that. i see them as victims of our culture, not causes of it. >> i think i've read some of the stuff you've written. you disagree on this? >> i strongly disagree, especially in the minority community. you look at some of these folks, beyonce is in the target right now with this sex in the back of a limo video that she's done. you look at people like snoop dog, 50 cents, these folks glorify bad behavior and say they reflect the reality of the streets. they're saying it's okay to go to jail, commit a crime, do drugs, this is a dysfunctional broken message to young people. i think that it's true that the recession has made it harder for young people to get jobs, but there's no excuse for telling them that failure is acceptable. >> wayne, where do you stand on this one? >> i'm kind of with juan on this one. i believe the same thing. the real problem here, eric, is the fact that the media
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glorifies it. you think of the number of magazines devoted to exploiting the private lives of celebrities as opposed to talking about the positive lives of people who are educators or people who are scientists. so it's partially our fault, the media's fault, because we don't support this. we exploit it. it's bad. >> michelle, are you influenced by stars like justin bieber or lindsay lohan or miley cyrus and can we pin a low participation rate on those celebrities? >> no. i mean, i'm not affected but i think a lot of teens are effected. these are their role models. they're seeing people like justin bieber who is a punk. he's doing reckless things, takes absolutely no responsibility for that. it's a shame. i agree with juan on this one, that we're glorifying these people when we should be glorifying our men and women in uniform standing up for our
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country, fighting for freedom and instead glorifying these idiots. >> first, let's clarify, michelle. it's liberal tear yan juan. >> you could have said the same thing about james dean, rebel without a cause, drew barrymore in the '80s when she was involved with this stuff. kids tend to grow out of this. today's culture they're encouraged to stay kids, continuing to depend on the government for every element. they don't have to take responsibilities for themselves. that's what is wrong with culture today. this rebellion has always existed. >> now people are becoming celebrities and famous for doing nothing at all, so many celebrities that are famous for sex tapes, that's it. >> go ahead, wayne. >> the reason they are celebrities is because the media makes them celebrities. they're not celebrities just
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because they do that. they're doing that all the time. >> they're telling them you can be famous for nothing. >> but if it's not covered by the media and you don't have news magazines and articles exploiting it, it wouldn't matter. coming up, how to prevent another malaysian airline flight 370 from ever happening again.
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leadership failure by president obama. we'll talk to conservative pat buchanan. could be the best way to prevent losing track of another airplane we equipping them with realtime black boxes so planes
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keep feeding key data in realtime instead of storing it in the cockpit. the technology already exists but it's not cheap. you like this idea. >> isn't it nuts that the black box which has the most information in the case of an airline crash, we can't get it, because guess what's, it's feet under the ocean, hidden in a jungle. that makes no sense whatsoever in the modern age. we have a situation, if you're a passenger on an airliner, you can get wi-fi. why can't they feed back the information? we endured this mystery of what was going on with the malaysian flight. we could have solved it a lot earlier if we had that information. >> it costs about $2 billion to make sure all these flights, every single flight in the world, is tracked via satellite. 3 billion travelers per year, commercial travelers. comes out to 60 cents per occupied seat. your thought. is it worth it. >> eric, you have to weigh that against what we've spent so far trying to find this plane all
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over -- you've got six or seven nations involved in the search for the plane and all that. that's an enormous amount of money. weigh that against the cost of just doing it. by the way, that will come down over a period of time, the electronic way to do this. if it's done by satellite, it's not so expensive. >> so the nsa can track literally billions upon billions of data points for americans who are innocent. yet they have a hard time tracking, you know, a plane that leaves a terrorist country. your thoughts? >> well, eric, air travel is the safest form of travel there is. it's safer than liking, it's safer than automobiles, it's safer than trains. i don't think we should require airlines to put this type of technology on it. government's role is not to tinker with regulation. they should be deregulating aviation and focus on addressing our enemies. government, keeping us safe, protecting individual rights, destroying our enemies, not dictating how speak should use the skies. that's for the private market. >> i'm saying 60 cents per
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occupied seat. i'm simplifying it. it comes down to that. as wayne points out, as time goes, those costs will drop as well. it may be worth it to give the globe, everyone peace of mind, right? >> the amount of bandwidth that would take in order to transmit that data is just incredible. it's not just the data and bandwidth and cost. there's a concern about that data being intercepted by perhaps a terrorist. and like jonathan said, this is the safest mode of transportation. and the government shouldn't be trying to mandate this. the government doesn't know how to protect your private property better than you and better than a pacompany. >> and your information. privacy concerns with this as well. thank you very much, chairman. thanks, michelle fields and ron williams for joining us this week. coming up, we school stuart and the
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time for what do i need to know for next week? wayne, you're up first. >> well, i've been feeling a lot of technology stocks, as i said, even in an iffy market, this is a good one. cable technology that this company operates in, arris is the name of the company. very good. >> john, a lot of hash tag, #wheretheheckisjonathan last week. what's your pick this week? >> the ukraine situation pushed up commodity prices like gold,
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like wheat and like nickel. i own nini. this is an exchange-traded fund that tracks the price of nickel. i own it at i think it goes highers fr erer here. >> i love those commodity picks, those that have been hot. wayne, you've been hot as well. that's it for the cost of freedom block. thanks for joining us. before we go, last week we schooled jon stewartor bashing fox for exposing waste, fraud and abuse in entitlement programs. stewart shot back thursday night. here's the thing. the funny man agrees america has a problem. john, we have a kumbaya moment here. we should be fighting all waste and abuse in addition to food stamp fraud, right? let's take it a step further like the nearly $20 billion in medicaid, waste and fraud. $60 billion in medicare. $7 billion in social security. bottom line, waste, fraud and abuse is rampant in a bloated government set on handing out other people's money. that's my food for thought. by the way, johnny boy, we'll give you an e. for effort.
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see you on the 5. have a great weekend, everybody. kennedy: when did 12-year-old girls start running the world? now vlad is the new shaw of sunset. why not just start spreading rumors about israel on facebook while you are at it, our president is totally not talking to netanyahu, he has no idea what to do about putin. when did you know how i got so complicated. this is "the


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