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make america it energy independent. >> 1980. >> 1980 by. >> government fails. here is my favorite "state of the union." >> the big era of government is over. >> but it is getting bigger. what is in store for our future? tonight. [cheers and applause]

in limited government with individual freedom if somebody like ron paul would run for president. he is here. dr. paul, why didn't you run aor president?i e >> i had a dream that i did. i had a dream i was doing very well and by one the primary in iowa and a lot of

the next morning and watched tv but my name was never mentioned. it was a dream. maybe someday. john: you often we're ignored by many but you did get more than 2 million votes in the republican primaries.n >> i was pleased, you always d want to do better if i wasi wase encouraged by the young people that showed up that is where i became more optimistic. i did watch some of theour "state of the union" messageat tonight i did not come out very optimistic with that but this -- addressing. on college campuses there is bw reason to be optimistic. >> young people, it is so different than my first got into politics in 1970.

people do care about limited government. john: you did not attend many states of the union, i don't blame you. they will show up 10 hours early to be at the end of the aisle to get there face on tv. is a se >> i watched a little bitrrie tonight and i think it is like the circus and rushing in there to get the seats they will occupy a seat hours and hours before the jumping up and down in the rich will going through. the republicans get up or sit down old this when everybody gets up thisat mightae outside the world was saved if you just walked in it would be so distorted that washington and lives in

their own bubble and they don't know there is anybody that might have questions and we did not get answers tonight. john: there is a requirement it just says the president should give congress from time to time informational onfoation message of the union. jefferson wrote his and george washington said 800 words, obama is several thousand. that depresses me. are their younger members of congress to give you hope? >> yes, certainly, the numbers aren't great to but six thirds of that will do a good job that is more than the years when i was there. that is encouraging.

john: you have endorsed a few. >> yes comet it is a good start. we do need more but after tostening to a speech likeing that you should be convincedat there will not quit before there is a calamity but that doesn't mean we shouldn't try to change their minds but to think in two years we have more members of congress and by and they come to our senses to vote against the largess and bring troops home and a repeal the president fromer manassas -- assassinating citizens and will not happen.but there be a crisis with a decision made by the people

right now they're in college we have been maligned but we could solve some problems but right now will not be a gradual but we will have a financial crisis that will be very serious. john: the answer is in the>> the constitution.rs. it is so thin you were in congress 35 years anything get better? >> no. it got worse. with the spending always when stepping government gotthe bigger more wars and moresuace printing of money, a centralythg economic planning that is the ec on the surface in the 1930's what you saw on the

surface was defense of liberty you been that was the platform 1932 malecite welfare and warfare but underneath there is a smoldering desire to say people have had enough to tonight he talked about gun-control i don't think the american people will put up with that it is on its ways i'd like to do my share to nourish the awakening. john: but he never mentioned the word drone.. >> that is the one we need to really control the dronehr is so i think and drone am warfare is the most d angerous. i listed this in my speech

as the most serious threat but the killing of foreigners and foreign countries by drones. civilians, americans get killed, it is so over-the-top. john: they do say vague keep safe. >> that's what they say but every time they killed a civilian there is to and more dedicated to al qaeda. keep the foreigners out of our land and punish those who come here to kill us.dot the war fever built up i sawstin a statistics we are putting too troops into 35 countries in africa because we're competing with china and

china has earned money and they are investing in natural resources so we buy more weapons to put more troops but now they say we have a victory so we will move to the far east and into africa as well. it will backfire because weeca will go bankrupt these will have to stop this is not the way to win friends or influence people by dropping drone missiles. john: we have an audience to has questions but i realize i mentioned these young congressmen i've left out and paul -- rand paul is seeill as libertarian as you? gimmicky is the most libertarian in the senate. that is good.

he has been exposed to the good ideas but i will not do the comparison with. >> how are you tonight? one what did you learn running for president?i >> have enough people double check and count the votes to make sure you get a fair shake. but liberty is alive and well and i love the fact young people will respond to a libertarian message and self-reliance and a responsibility and sound money and the young people were especially excited to have a different form policy to not aggravates. i've learned to better off that i was pessimistic to think i might not recharge the anybody but i reached a

significant number. john: 2.1 million. >> for more years of obamawe and we have seen his record re on civil liberties and the constitution. what will it take for obama supporters to realize and protest like when the last republican was in office? the image they are going to this will continue for both republicans and democrats aslike long as the many functions. the countries are still willing to take dollars. perception wises still looksith better than holding foreign i currency. we print the money, run up the debt then they buy the

currency and finance the debt. nobody will complain. obama promised extra spending and they will not cut welfare to the military industrial complex it will, until the dollar stops working. though we adore set on that because there is no seriouse isn intent. the argument is if you increase something by 19% or 20% and then they say those of the ones who slash the budget. they are so far out of touchg it will take a bankruptcy for anybody to wake up enough is enough. john: generally when interest rates go up, they ank go up suddenly. that is not a guarantee. thank you for yourwhat service, you were alone for

so many years. thank you for fighting the good fight. later i give the "state of the union" obama should have given what is the stated union mean for business. i [applause] this is america.

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[cheers and applause] john: the president will create more jobs but some now as usual in of all this more a government budget does government free jobs? robert luddy created realjo. jobs, he built the business and steve forbes runs the magazine that calls itselfmore in a capitalist tool because he and the stands real jobs are created by capitalism but people don't get that. polls show you what the government to create jobs? >> that people create jobs.

john: government can create jobs and pay people. >> magicians can create rabbits but not in the real world. [laughter] [applause] when government tries to do what businesses do you get sullen drug meritocracy vs cronyism when they can us achieve access and not be bailed out by the ot government, this economy creates jobs and allows those people to, it hurts opportunities and as the know how to create things real people do. >> free the people. they will do it. >> you make the fans that taking out the bad air. now government wants to make your business better but it

is 79 pages and the energy department to help you. all of the yosemite you imagine any small but didn't have the resources to do ast this. john: i tried to read any ofimps thissi. but complete mia? it is unintelligible but they try to make your fans' use us in excess of the. we have an efficientcomplete industry. the president wants to create jobs by regulate tot death and the key to jobsu but those investments over a period of time and the

government to dampen sap for the economy. >> if you don't succeed but to have those needs of the of the people even if you have the caricature of obama. john: the one he paints a of us as greedy and cackling. >> brio get money unlesse somebody else wants it. in terms of the electricity. >> mach -- markets you've evolves. the shoebox size cellphonethe costing $309,095 and a government it would cost

$9,995. [applause] john: capitalism brings us stuff but they said it's got fair. of the ceos get a lot of of a sexy io's make a lot of >> money and must have success and. john: but raise the minimum wage for those at the bottom >> they are teenagers. >> i was happy to have that job. john: when people start off in my did not have the skills so when you shake theappu and tried -- entry level jobs what this does is create more teenage unemployment

they never get a chance to enter the workforce. [applause] of. john: young people applauding. >> they get it. they're hurt. john: the president said 6 million new jobs are created. >> as of the created them. but the payh overall is lowno sl skill / low raise not like reagan or clinton or arch for norse were not punished. john: i look at "the new york times", a big front-page story. when you poll people butch we'll understand the free-market does that but we're not winning the hearts and minds. 60 percent of the job

creators in recent survey said the government is hostile to small business and it can happen. >> this is done by the jobho creators alliance who want toe speak out.eneral have >> they have not wanted to participate. >> mean -- we need more no people to speak out in the parvey saying the federalartici government is possible and inhibits one job creation. >> will they need.ted >> they are afraid of the federal government franklyte that they will be regulated

or targeted by the irs. who knows? >> look at standard and poor's, they did a poor job so did the competitors. they or the rating of the government and they are targeted. less than told. one thing that i saw was aoh big difference praising aw business, now has a captive customer base over four years. you have to please every second and you lose them and everything else. >> if the market works you will deliver or out you go. >> i wish we had that a politics. john: or baseball. >> three libertarian experts

on the real meaning of obama as promised. and what

[applause] john: watching the coveragee of the "state of the union" i hear republicans and"s unin" democrats spending. will this help obama or republicans? i don't care but to his plans advance freedom? our freedom loving panels in this and also a syndicated i do columnist. what does the speech mean she was ours freedom? >> i thought liberty will

continue but obama said don't expect government to solve every problem he is there. john: i was pleased. >> he should have stopped. >> we have manufacturing plants we will be like icelanders city senate they have to get the ofs then a college sport so more activity and business that will cost a lot of money. john: the principle is appealing.subss, mo >> i am a highlyre sympathetic to shuffle kids into the th government's hands but head start, our pilot program has a not great record we spend a billion dollars to get

very little with results. the government's own study shows, a little bit of beans in the preschool years gone by first grade in terms of academics.soer john: the president said fewer. >> but overall pre-have doubled but we suck at education. >> put epigraph of spending since the beginning of america. it is remarkable the life ofy the country it was less than 5%. only recently has gone up with.

>> we've tried to get people to show although that is consistent with both parties but you don't hear talk ofen wih intent to reform republicans and democrats are very proud they talk about everything. [applause] the y >> was pleased the presidentng said we have to make adjustments. marco rubio said in a buddy in favor of leaving medicare

the weighted this is in favor of the encrypting. >> with our discussions they thought medicare moves up by one year and harry reid said no, no, no. >> state of the union is time for bold talk but his version is used the word modest. >> keep in mind there was a big announcement 400 billion that would be cut a piece said this was a rare irish. mo there is talking good games but that is cut for what they wanted to increase. >> republicans have not proposed to kill anything.

>> it means you reduce the rate of increase but when you take a program, and it, send the workers some, close the door and ex out the legislation. the administration put in anng by fdr is still a place nowthe putting broadband there. the republicans should find an antiquated programs and ship them done -- down. the christopher columbus fellowship program, 80% to spend an overhead, even the president requested it closed fourd a greastor times, republicanswa introducedll legislation because senator cochran has a contributor on the board who preserves it. >> don't go to a silly

example but talk about farm subsidies that is bipartisan agreement they are broken, in this same bill as food stamps, american farmers are not in trouble right nowre at we cut themns of dozens of checks even those who lived in manhattan and on a farm get they grow forever. >> especially after the super bowl ad we hear the farmers of the backbone of america. [laughter] [applause] >> 50% college students --bsies students in the audience. he will have to start -- scorecard but "u.s. news and ont world report" does it but there's will be better.

>> bill gates gave his annual address on issues facing the world and said we need to rework the score card on education we have bill gates then u.s. news than the governor's version that is badly for matted you cannot find on the internet but have to download. [laughter] >> and spend for thecd ar $5 million. john: i was struck bylimate climate change remus do more to combat it and there is the overwhelming dutchman a scientist that hurricane sandy caused climate change. >> i give him credit there is not overwhelming evidence that clementine to caused hurricane sandy. john: no evidence.n >> maybe this sea level rising then it note evidence of the hurricane itself and

it is just bunk. pick on this one. [laughter] that is another sort out there hopefully we get a federal program. john: there is evidence the climate is warming. ll but that may be responsible for the fulllarge moon that was a large factor [laughter] >> you must like you get the troops? >>. [laughter] again sleight of hand. if we go down to the troop level shockingly obama doesn't mention he tried but one failed miserably.act we are not looking for victory but getting the troops out and have a strong

presence in the world and it is a colossal mess. john: women should turn of living equal to their efforts pass the paycheck fairness act. >> did you hope to earn a living equal to efforts but i do think the fact will have nothing to do with thatiu a [laughter]do ma less [applause] john: women to make less reason money but i will cover that in a future show. please stick around now is your turn to grow our guests. we will be right back. fut

[applause] now your turn. more reaction to the "state of the union." kathryn mangu-ward, michael moynihan's comments and deroy murdoch [applause] john: our guest kathryn in'

mangu-ward and deroy isn't the president's state of theit union of smokescreen? >> when you sit down and do a budget that democrats have not done in almost four years to be specific, that is hard work saying we needbu a stop to gun violence is otsier as an issue.ey ve n >> they may vaguely look to the president for solutions but happy to talk about other stuff. >> what do expect the impact

of the college ranking system to be? >> rethink is to go harder on the for-profit schools. first term he tried to issue new rules to department of education to make it harder for for-profit schools to get money and itm a i assume with this new report would be to make the for-profit schools, particularly with career training look bad and beo not eligible for fund. >> new defects or maybe fortunately. [laughter] but it will have absolutely zero effect is is if they are arbitrarily setting cost.

that is not how this works also government dollars pumping in and more kids in college and the cost will rise. >> off topic but dealing with the obama, i'd like to get your honest opinion. maney 1st a summit in london was killed than dumped in the ocean 24 hours later. do you believe the government? >> i always favored an explanation of incompetence over conspiracy. if anyone thinks of conspiracy theory said that aside if a bad puerto rico n't di move, it was but nothing sinister going on there. >> who was a terrific moment to put one where it belonged

and dumb did away. >> think how many people on the ship would have to be involved never to talk about it. i think this theory suggests theories.ef >>. john: his microphone didn'tis work.ayt is anything in the gun control reform that will help? >> we have a no-fly list if you were on that you cannot get past the ticket counter then probably the know by this with guns. >> hopefully it is not as ineffective. [laughter] >>pr bigger is background checks is fine battle think it will have an appreciable effect is a deep cultural

problem if you take away the guns the demand will remain. >> to receive proposed would not have prevented the specific events of what it is responding to. background checks would not have helped newtown there is a strong encouragement as common senseha reforms would not have stopped what happened. >> it needs to be controlling government guns we have a s.w.a.t. team mentality with the federal government and local authorities if you sell raw milk not pasteurizedpar of s.w.a.t. teams shut down dairies. guys in masks instead of also subpoena or injunction but coming with lifejackets there should be a control of

governments guns part of the discussion. [applause] john: the president said we cannot just cut our way to prosperity. yes we can and but that is an intuitive they elsie it is freed up. >> and cuts are harsh and arbitrary. [laughter] john: with the president should have said. my "state of the union" after this [ male announcer ] how can power conmption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing.

[applause] john: we have heard a "staterd of the union" when the president says moreate o government is the solution i have a dream when the president walks to the podium and says this. [applause] john: thank you thank you. i am so happy i won again know i don't have to suck up to my base somebody has to be the grown-up speakerur h boehner said i said we don'tnt l havees the spending problem might remember that but we do have the spending

problem. with their history government was small. federal-state local government together spent less than $500 per person for more than 100 years government was less thanless 5% and when may grow the most prospering during this period it had plenty of money for the louisiana purchase, this civil war, a transcontinental railroad, under small limi government america became the richest most powerful country in the world but this is world for one, this is world war ii, but notice government came back down after raids but since thenment it shot straight up. lyndon johnson said

government can cure poverty and the experts know how and we created welfare payments so government grow but now those programs that need investment didn't work americans for lifting themselves out of poverty and their own on government was small but then big t government stepped in and progress stopped we taught people to be dependent the bourse stayed for. bill clinton put this on a better track through spending he did not want totaugt reform, republicans force timber that was good and the economy grew and we balanced the budget to a sustainable future but then-presidentbig bush happened 90,000 new regulators and new social programs he created a whole

new cabinet departments and bail out banks and car companies that i was elected and i need a ladder. now we're back to $20,000 per personm $80,000 is what we spend but i'm getting0. dizzy we cannot pay for people who retire so this week i had an epiphany what is wrong with spending in the clinton years? widely need to spend so much more? we do not face greater challenges as when he wasa president and that gets uswe back to the clinton level support sequestration is a start and those drone?

i just read the constitution? this seems a cannot kill people i need to look into this. i have been a hypocrite about the drug war and school choice. eohn: i can dream. h atybe next year. that is our show. see you next week. [applause]