bought on -- spot on. john: school choice, that a gun, but it was all about abortion? >> oppose the free-market free-market, but any sort of free trade. that is an offensive term to most of these people. john: you have the fox sign on your microphone. >> i do now. this is the first time we could use this microphone. we were told explicitly when talking to protesters go without the q&a with a chant obscenities or take our stuff for possibly hurt us. that is not quote -- school. john: however some outside the hall sunday accurate

points about both parties. >> and falls on the shoulders of both. >> we live with a one-party technocratic government masquerading as two parties. >> we should not have bailed out the bank's board out of industry. >> i don't either. >> at of big we should pass obamacare. >> i don't see there. i like you. hi five. >> many have libertarian views? >> they did not know it. it was a great moment at least for me. >> even using drones for the president to decide to kill and against deficit spending >> they want a balanced budget when i told them they passed with flying colors

they were libertarians they were strangely appalled. [laughter] john: outside the convention you found one who agrees. gary johnson running for the libertarian ticket. >> how are things going? >> i cannot complain. >> we gave people a quiz quiz, one had to% are in libertarian having problems with the patriot act and wanted a balanced budget. are you having the -- a hard time convincing people? >> obama's says the rate things but specifically not reading marijuana medical facilities. what about perpetual war? will be continued the unsustainable that? just spoke libertarian the one time. >> and don't know the

libertarian party likes that very much. [laughter] john: they q4 been there with the politicians. so i don't have to. >> thank you, john. john: we will do was show on third parties and you can learn more about president gary johnson would do. what about the republican war on women?

john: wall comeback to the post democratic convention in the coverage. what three people faint of

what do they hundred -- to what they heard? we have mark meckler, hadley and mark glesby. kennedy talked about being pro-choice but why is that just abortion? is that all women care about >> i cannot look up to see our economy is crumbling and unemployment rate. >> but stick to choice. >> they use the word but we heard euphemisms for women to decide that choice they just say abortion because any other will be dictated through the government with the health care system. obama is a huge threat to. >> choice for owning a gun?

no. hiring the unpaid intern? no. it is illegal. paying people what you choose? where to invest social security fund? if you want to take the recreational drug? to said a kid to a different school? >> that with women owning a gun is a great thing to defend herself. and disappointed to see the democratic party always so negative. they say choices for me but not for you. >> and what about the 50/50 split? >>

>> i would just agree with the woman in the conversation. [laughter] john: also will plummet created government agencies to help us. obama at -- obamacare around the health care coordination office. center for innovation, primary-care extension program, 30 new agencies. >> all of the mob coordinated by the bureau of wtf. [laughter] cave men came up with bureaucracies to get away from having to make a decision.

>> democrats have to come up to find to talk about other things about the buys three board, a statewide exchanges, and it is still so of popular they tried to say we have the center for innovation. >> i am waiting to say what agency are they getting rid of? [laughter] >> they will not run for office but from a does not do that anymore. >> people want to get rid of these agencies. >> not just tea party. there is broad agreement it is too big.

but the leadership wants government bigger what they're fighting over is who controls bigger government. >> obama's said you have a choice. we can cut education or out educate anybody on earth. >> i will go with the second one if those are the two choices. [laughter] those are good points but those other types of false choices yes, no, it is b.s. >> that is not of the table. they have tripled spending. >> george w. bush massively increase federal involvement in education. >> it is for power and

decision making to the individuals who are most invested of the outcome. but they say we pile more stuff on the top. instead of giving more money to education let's give it to the parents and let them choose. john: what an idea. >> we should get to the education bureaucracy and get rid of the department of education. [applause] >> of course, the fed should not be involved anyway. >> the longest war would be over but yet to with iraq we have 16,000 people and

afghanistan has 68,000 troops. >> he said we are out to 2014 especially on the plan under george debut bush. leon panetta at -- leon panetta once the troops to stay there passed the 2011 deadline. the president has not earned his nobel peace prize. that is for sure. [applause] john: the audience agrees what do you think? next. [applause]

it was the biggest race of the year, and no matteoqat, i was gonna win. someti[js...things happen you just canoi explain. )a ♪ oh, i believe there e angels among us... ♪r>

and some things ar more importanthan winning. #% ♪ sent iíwn to us #]from somewhere up(above ♪r2 #o♪hey come to you and me ♪ i don't remember who won the ra that day...r2 ♪ to show usfr how to live, ♪ ... bui'll(never forget how i felt. ♪ to teach us f:how to give ♪ to guide us with the light of love. ♪ [applause] john: audience participation. we are here with mark meckler, ed hadley, and nick gillespie. first from facebook is

putting forward gary johnson rarely of vote for obama like hannity say? >> i think of bofa gary johnson was a legitimate boat to let people live their lives. will not elect obama. if mitt romney loses this election it is because the republican stink and have not learned my bell. >> she has a different position. >> it is a two horse race. either mitt romney will be the united states president or obama will get four more years. we have the opportunity to affect the outcome. when we vote we are because we only have one vote to give.

libertarians should evaluate which to options are more liberty friendly. [applause] >> obamacare has been sold as the answer to all health care issues. then why are so many unions and the president's political allies given exemptions and waivers? john: unions got that right away. >> obamacare has a lot of flaws. it was supported by health insurance companies because they were promised millions of customers. it is big government health care. john: the politicians will say kiss my brain and we would give you a break. retail politics. >> if they care so much

about the middle-class why do they subsidize their conventions with our dollars john: did you know, that you pay for this? biv if 1/2 to force us we would not do it willingly. >> it is true they all take place in heavily a sense of direst stadiums that were given special treatment. >> nobody wants to pay for their own party. >> and those that say congress ignore him? obama's said he would regulate the auto industry.

aren't automate years incentivized to do that anyway? >> the market always works better and will and subdivides. >> no. we are too stupid. >> that is what the government believes and create a situation that is more dangerous. cafe standards force us to build a wider cars thousands of dying. fuel efficiency verses human lives. >> we will need those cars to go twice as far because the gallon is twice as expensive. the president said it is okay if it is twice as expensive. >> from facebook, i love michelle obama's line there is no such thing as us and them. are you kidding me?

people like that. >> it is not left verses right or republican verses democrat is the ruling elite versus the people. >> that is why i like it when kennedy said what do you mean by we? >> we've need people who think like. that diversity of thought makes our country great. >> coming up i will tell you what obama should have said

john: the administrations announced the new campaign theme is forward. foreword to what? bankruptcy? surf bum? the last election he campaigned on the slogan nds we can but now the enthusiast created the bumper sticker yes we did. that is catchy. what did they do that makes them proud? we did increase military spending so now we're not

another 4 trillion in debt. we did continue the pointless war on drugs and here it is. yes we did pass much more regulation. not as much as bullish but obama cost more. we know how thousands of pages of new rules you have to obey. this will buy groped you? they will make an exception to give them more power. obama did accomplish lonesome good thing this and made a good for openly gay people serbian immigrants who served in the military stay here legally.

that is it. this is what i wish obama's said. i was wrong to expand government i overreached putting us on the unsustainable course i meant government can. but now realizes thinks to the book that government fails and individual succeed. i will restore limited government to keep the peace. he did not say that. they never do. you believe in social justice would jefferson's idea was up three society where people are not impeded by politicians. genuine liberalism birth you bought into the atil where it government rollins thing

is. a somewhat liberalism is about liberty or individual freedom and the markets can bring us real hope and change. we will be back next week to give third-party candidates the chance to say how they would make america better.me, they give watching. not me, not any of my predecessors, no one could have fully prepared all the damage that he found in just four years. lou: wow. now, listen to me, mr. president, you are just being modest come on you?

clinton being his modest self. but he forgot a president who did it in quick order and didn't need a second term to do it, but he did do it. and he did it so well that he got that second term. you see, when ronald reagan took office, he inherited what became a severe recession. the unemployment rate, ronald reagan, if i may do that, the unemployment rate was 7.5%. now, that is pretty tough. that was in october of 1980 as he went to the polls of the elected president. that would climb into the double digits if you can imagine us. rising to 10.4%. 10.4%, january of 1984, the year where the country had to decide whether or not to give him a

second term. the drop that year. from 10.4% back to 7%. it is amazing. by the end of the first term. not only that, the inflation rate in the country, in 1980, with nearly 13%. 13% inflation. 13% inflation in 1980. 13%. it fell to less than 4% by the end of the first term. 4%, that is correct. the prime rate dropping, for crying out loud, we have zeros at a quarter% discount benchmark rates, the primary in 1980 was 15.5%. 15.5%. so when we hear people talk

about how everything is and how tough it is, let's talk about it here. these are big bad economic numbers. there is really no reason why president clinton should have forgotten how bad they were. but listen to what happened in short order. listen how president reagan could sell his accomplishments and look at the american people straight in the eye in 1984 and tell them what he deserves a second term. this is what he said. at the 1984 republican convention. >> of all the major industrial nations of the world, america has the strongest economic growth. one of the lowest inflation rates. the fastest rate of job creation. exploit 5 million jobs in the last 1.5 years. a record 600 business corporations in 1983 and the largest increase in real come

after tax personal income since world war ii. lou: wow. president reagan can also boast about 7.2%. think about this, 7.2% gdp growth. i mean, in 1984. but he is hardly the only remarkable president that we have had. and i don't understand -- i know that president clinton was really pressed for time. he had only 49 minutes in which to go through his speech. he forgot about fdr. in the first year, that was 1936, 1936, real gdp growth had risen to 13.1%. 13.1%. under president obama.

1.7% in the second quarter. we are talking about, let's call it, 2%. and he wants to get rehired for the unemployment rate when president obama took office was 7.8%. 7.8% unemployment. it is now at 8.3%. forty-two quarters. there are some other numbers that president clinton would have to leave out, but there's only so much you can do. the president likes to brag about how the economy has

produced 4.5 million jobs. not so fast. job growth hasn't kept up with the then population growth. and there has been a net decline of 316,000 jobs. a net decline. because that is the real number that everybody should be looking at. not as bored .5 million that president clinton suggested last night. the greatest peacetime expansion in our countries history. but it was in part to the repeal of his depression era glass-steagall act. the final year, 1999, of his administration, which led to the banks being too big to fail, colliding and conflicting in

2008. oh, yeah, only 48 to 49 minutes, president clinton. he expanded the community investment act that contributed to the subprime mortgage crisis of 2008 it was so devastating. i understand the lapse on the part of president clinton, but i'm glad there was so much time in which we have the opportunity to point out the importance of arithmetic because arithmetic is real honest, what we're facing now and it's going to be very important if we have mathematicians who really pay important that we have mathematicians that are really paying attention to the numbers honestly and forthrightly over the course of the next four

vice-president biden, president obama take center stage tonight. what other democrats doing? joe to be here next. they're rediscovered got the dems rediscovered god yesterday. but they keep alluding controversy. >> i will do that one more time. all those delegates in favor, say i. all those opposed. lou: the president intervened, but for home? we will have the latest poll results. political conventions usually lead to a boost for the candidate. gallup has run afoul of the candidate. but the gallup poll has run afoul of the obama justice department. what happens next? bill will take that up with the "a

♪ lou: joining us now from the democratic national convention in charlotte, campaign strategists fox is political analyst, democrat joe to be.

good to have you with us. we appreciate you being with us. i know it's a busy night down there. let's start with last night, if i may. i want to get your reaction to the slick willie that is used as an appellation. he was working magic. >> was working a lot of magic. the big thing he has his credibility on the economy. most people remember the recession, turning it around, job growth, balancing the budget, cutting -- you know, producing a surplus. for him to sit there and say, look, i am here to tell you that not me, not any predecessor could have fixed a broken economy that barack obama was giving.

that has credibility with a lot of people out there. i think this speech at the market. lou: you have to be heartbroken if you missed my jock talk tonight. the president had had to fashion that a few more. he left us a really important facts. for example, ronald reagan's first term. extraordinary. what he did to turn aroundhe economy and he did in the first four years. franklin delano roosevelt, inheriting a depression for crying out loud. these are significant numbers. at the president was a little, if i may, and customarily modest, what do you think? >> he made the case commander going to hear it continued.

before he was present their deficit quadrupled. bush 41 and 43. some now, you're looking abroad. look. the obama's will say, they say i was still the ban hand. at first it was bad luck. it's not bad luck, it was bad policy. bryan and romney want to go back to the failed policies. i want to keep moving forward. unhappy with the progress. we have to keep moving. stick with me. don't go back. that will be the case. clinton started the last night and is now moving forward. lou: did clinton help or hurt? because he put up by heck of a standard for giving speeches last night. now obama has the magic. >> clinton helped him enormously. clinton can make a defense of

the obama presidency much better than obamacare and because it comes from a person that has tremendous credibility on the economy and is an arbitrator of what will work and what isn't going to work. our order, i mean. that is what he did. he set up obama to make that case, and obama is going to make it. the roof is going to come of this place tonight. no doubt about it. lou: we will be watching to make certain that these forecasts hold true, as they usually do. good to have you with us. >> thanks. good to have the. lou: the intellectual integrity of the democratic party. and debbie wasserman shultz. those two things are disturbing when combined. she is struggling with the truth next.

♪ lou: a new book by bob woodward certainly criticizing the

president's skills. the price of politics into last summer's debt ceiling fiasco between president and congress. according to excerpts from his book house speaker pulling out of a so-called grand bargain after the president insisted on too many tax hikes after they had reached agreement. at one point democratic and republican lawmakers just refuse to negotiate with the president. asking him in back still leave a meeting inside the white house. when the deal fell apart the president was reportedly so angry one staffer said he gripped the phone so tightly it almost broke. the dow b. wasserman shoals truth's trainer honor roll. during an interview yesterday she climbed several times the omission of jerusalem in the platform. the capital of israel was a technical error. >> jerusalem, it was a technical omission. nothing more than that.

>> it was essentially a technical oversig. >> there are technical corrections to the legislation on the house floor all the time. lou: she then pushed her version of the trip even further saying no one challenged the change the platform. >> it takes a two-thirds vote. just make sure that we had a two-thirds vote. he realized that we didn't. we move forward. lou: yeah. the standard bearer for intellectual integrity at the convention. so we will let her have the last word and now won despite what millions of people saw and heard . well, now the democrats to put the word got back in their platform. you will have to see if it affects the president's polling among nonbelievers. the latest gallup poll shows the president winning the so called gutless vote by a landslide. 69 percent say they have no religion at all support president obama.

compared to 23% to back governor romney. surprising margin if you take into consideration that obama supporters like spike lee have referred to the president as a savior, like black jesus. the democratic platform says the climate change threat is real, urgent, and severe. you would not know of listening to the speakers to address the convention this week. according to the daily caller, this, the only mention of climate change in more than 80 speeches in charlotte. >> governor romney will lead to dirty air and increasing, volatility, uncertainty over energy prices and less security, not more. lou: a california businessman, not exactly a party leader. democrats could have counted on that a little bit. he chose not to even show up. next year vice-president biden, president obama accepting the democratic party's nomination.

the speeches carried live right here on the fox business network. will the president use specifics when talking about his second term? if there is to be one. the "a-team" will be here with their predictions, opinions, fuse, perspectives, and values. democrat, crowley, conservative. mary castle. questions. when you're caring for a loved one with alzheimer's, not a day goes by that you don't have them. questions about treatment where to go for extra help, how to live better with the disease. so many questions, where do you start? alzheimers.gov. the answers start here.

♪ lou: joining me now, the "a-team." wall street journal editorial board member, author of the book what the bleep just happened. talk-show host fox news contributor, former schumer adviser, fox news political analyst never ever using names like believes in his.

let's start with you. you have to be so proud. >> very proud. i thought that was one of the best political speeches i have ever seen. my first experience in polics is working in the national convention. it really really got me interested in politics and got me involved to the level i am today. i thought last night top that. a great case for why president obama must be reelected to this country. lou: do you think he influences president obama and his oratorical style? because there is one thing we edited out. he did something, you know, i would have said it was obama as had obama preceded clinton, but clinton proceeds obama. i would have to say it was fontana in. i you ready for this? eighty references to buy. ninety-six, 96 first-person references. sixteen in which he simply used to be or myself. that sort of sets the standard

for what obama. >> look. bill clinton is a classic narcissist, as is barack obama. what he did so well last night, talk about himself. the most comfortable and passionate and really sort of a lapsed into that preaches cadence which she did so well when he was either talking about himself or talking about hillary are knocking the gop. but not so much when he was talking of barack obama and the concerns are not just stylistically but substantively between clinton's presidency and obama's presidency on a whole range of economic issues. it's not going to go very well for tonight and through the campaign. >> i think that is really the risk for the democratic party. if you were not undecided and listened to that speech and bill clinton talk about how he cooperated to get work for welfare and the budget deficit under control, they're sitting there, maybe you have a relative who has been out of work for a year. going up.

lou: going through his new book. the leaders of both parties and the senate asking the president to get out of the negotiations. >> the line of the night was the republican plan is we missed -- messed everything up. he didn't fix it fast enough. that is back in, and i don't think the republicans have an answer to that. he didn't fix it. that's what they have been saying. lou: you are agreeing that he didn't fix it. >> did not fix it enough. the process has begun, and the economy has begun to improve. albeit slowly, i'll give you that. we are not leading 750,000 jobs a month. lou: that is certainly true. still the deficit of jobs created. a decline of 300,000 plus. president clinton turned. lou: the worst recoveries as the great depression. when you compare and contrast with the reagan recovery in which we had 300, 400, 500,0

new jobs created every month to one month over a million new jobs created. economic growth. lou: six and a half million jobs in a year-and-a-half. >> and doubling every three years when he was president. [talking over each other] lou: stop. stop. >> wait a minute. lou: we have to have an alert. we have a democrat who is now concerned about the national debt and deficit. my lord. >> by the way, that justice is outs plate. lou: triple the national debt. reagan, the original bags pending person in washington. lou: let me ask you a question. how many jobs are created? >> many jobs created. lou: this president, 16 and a half million to go. >> and not say we are where we need to be. nobody will. lou: i'm saying, every policy of

the past three and a half years has not in any way benefited the economy or 23 million people out of work. >> of the republican congress would let us spend money the way they let reagan we would be fine >> that's absolutely false. forty years of you have spending as a percentage gdp, up 40%. under this ministration we have taken up to 25%. there is no comparison. this is an absolute -- >> a route to of the worst economy in 75 years. lou: balderdash. this has become the mantra of the democratic party. it's pure block. i just went through what happened in the reagan years. i went through precisely what happened in the depression. >> and you know what, they should hire you. the republicans should hire you because you are far more specific than anything they put out and far more intelligent than anybody working for mitt romney. he should call you right now and

put you on the campaign. i'll host the show for a couple of weeks. lou: awfully good of you. >> it's true. lou: you will have to think about it, and we would get back to you wanted. let me -- let me -- i don't know where you, but the stuff. 245. the s&p, the four and a half year. almost five-year high. the nasdaq, a 12-year high. >> well, the markets like bailouts. they do. it's very short-term thinking. lou: the most frequent -- recent american bailouts. >> good. >> he have that and the fed to alter low interest rates. looking at another boost. lou: improving employment, a strengthening economy here at home. hallelujah. it's a turning point. very good. thank you very much. up next among the president's collins, a metaphor for what? we go to the end box.

you will find out. just a moment. we're coming right bac