ben stein is an economist, former speechwriter for former presidents nixon and ford. he is author of the capitalist code. and i am proud to say a brother at "wall street journal." ben, thanks for being here. >> an honor to be here. david: there is not a deal yet, the house may, some conservative republicans who are not so happy about spending all this money, a spending cap that is now, i don't know how you can call it a cap because it is $1.1 trillion they will be allowed to spend according to the senate. there seems to be zero concern about any economic effect of spending to your heart's content by these politicians. do you have zero concern? >> i don't have zero concern but i think this is one of the best deals i've seen come out of congress in my entire lifetime. that is a long lifetime so far. i love the idea they're busting sequester caps on military spending. we need more military spending, even it takes raising national debt, eventually raising tax, even if it takes raising domestic spending, even if it takes raising entitlement spending we need adequate defens

one of his supporters, actor and author ben stein, will join me in a moment. his take on what's been another eventful week in washington. but we make more than our name suggests. we're an organic tea company. a premium juice company. a coconut water company. we've got drinks for long days. for birthdays. for turning over new leaves. and we make them for every moment in every corner of the country. we are the coca-cola company, and we're proud to offer so much more. i accept i don't i even accept i i used thave a higher risk of stroke due to afib, a type of irregular heartbeat not caused by a heart valve problem. but no matter where i ride, i go for my best. so if there's something better than warfarin, i'll go for that too. eliquis. eliquis reduced the risk of stroke better than warfarin, plus had less major bleeding than warfarin. eliquis had both. don't stop taking eliquis unless your doctor tells you to, as stopping increases your risk of having a stroke. eliquis can cause serious and in rare cases fatal bleeding. eldon't take eliquisf you have can artifici

john layfield and ben stein. john, what do you think? >> i think it shouldn't have an effect. historically political scandals had little long-term effect on the market. when the volatility happened two weeks ago and set off so much program training and people are looking at inflation numbers and retail sales number and putting i think too much gravitas on them. neil: ben, you know, there's the thought if it looks like even the administration acknowledged that the russians were trying to screw around the election, but american operatives did not, is that the end of it as far as a concern, let's just say just for the markets? >> i think it's got to be the end of it. i don't think there's going to be russia-trump collusion found or found as a result of the election and i think the market is just going to stay at a fairly high level and if we can keep inflation under control, i don't see any limit to the market going up. the economic conditions worldwide are as good as they've been. i hate to say this, since the late 20's, but we don't want to have any crashes like we had in the v

i want to bring ben stein in this. he's a former speechwriter for president nixon, author among other things. what is happening now, ben, there's a move afoot here not to just let another school shooting go by unadressed. this time might be different is that it's kids getting involved. first, what do you think of that? what do you think of their message? most of the kids at least want to do something about banning let's say guns like the ar-15. >> i think it's a damn good idea to ban the ar-15. the ar-15 is a weapon that is extremely seductive. looks like a weapon of war. make a person that is a nerd, go into a gun shots and making him feel like rambo. there's no reason to have it. it's not an ideal target shooting weapon, a home defense weapon. it's a weapon for -- to take people into the realm of fantasy and some of those people are diluted and take it into the whelm of reality. take the ar-15 and it's many, many cousins and mix them up with violent video games and you have a recipe for disaster. the disaster has hap

ben stein, you're here on that. we have the battle of the memos. what do you make of this whole brouhaha. >> i make it the fact that the medias has disgraced itself. the media is supposed to be pushing, pushing, pushing, to have the news put out there and they've been fighting, fighting, fighting against this fisa memo put out and the media has shown itself, the mainstream media, not fox of course, has shown itself to be the captive of the-- kidnapped captive of the democrat party. it's just a disgrace how they've refused to bow to the needs of the people to know. neil: it's interesting if you think about it, the same media that, you know, obviously was very aggressive with the release of the pentagon papers to get every detail out on inflated body casualties counts in the vietnam war and gets, that in retrospect was a good thing to learn and know and if you subscribe it today, we're questioning the institution that's verboten, we'd never learn that. i know the fbi example is a little different, but what is wrong with finding out how an investigati

stein piece of power to run on the new national executive from that board forward but having said that i think what the clear signal diverse come out of yesterday's reshuffle is that the economic cost of ministries finance public enterprises trade and industry and so on have been strengthened and that's a clear sign of the priority that drama policy is going to see these new government take in nigeria people say they scared to return to the school where gunmen abducted one hundred ten girls last week classes have resumed induct village nigeria's govern has admitted for the first time that the girls were kidnapped by suspected boko haram nigeria's force is searching for the missing goes afghans of its for decades of war on insta but as you know one of the biggest threats they face mines left from either the soviet invasion or the fight against the taliban well in two thousand afghans were killed or injured by land mines last year about five times the number of civilians killed six years ago the aid group the halo trust estimates there are up to six hundred forty thousand landmines laid

we have you covered what is moving the market with an all-star roster including famed economist ben stein. as we kick off the very busy hour, let's go first to nicole petallides on the floor of the new york stock exchange. nicole, we saw very big swings and

new instruments, etfs, our old friend ben stein talks about is spdr fund. get a spdr. diversified in 500 stocks, ride out the storm. neil: that is the mark cuban approach. >> it all depends on your time frame. if you're looking to make a lot of money over the next six months, you're in tough shape right now. but if you're putting money in a spdr for a couple of years, forget about it. this storm is going to pass. that is true. we're not going into recession. that is the important thing. if it were a terrible economy and mark credit crash like this it woulding long-term route for next couple years that is not the case. we have relatively strong economy. there are headwind we have to head into with higher interest rates. generally speaking the economy is good. when the economy is good it generally reflects in the market as long as you have long-term time frame, one or two years. neil: we heard from the trump administration, heard from treasury secretary steve mnuchin to your point, no one doubts the economic fundamentals are sound. did the market fundamentals get ahead o

it's right there. >> thanks very much, ben. it is really interesting, it's worth reading so you understand what has been going on. these were multiple, there were multiple protests from activists of all ages. i want to go back to the gun topic. demanding common sense gun legislation. a group of students held a lie-in in front of the white house condemning the nra and demanding gun reform. last hour in los angeles, a number of activist groups held a rally against gun violence in solidarity with the victims of last week's shootings. there are few things more terrifying than being the parent of a student whose school is under attack. but what if you were there for a mass shooting yourself less than a year ago? that was the reality for annica dean who was witness to last year's shooting at the fort lauderdale airport. her son austin is a student at marjory stoneman douglas high school. he was in the school during last week's shooting. he was not wounded, thankfully. she joins me now. you got a text from your son saying we are havin