>> up 25%, cbs. >> i'm a bear and toby. >> oh, man cavuto is up next. >> forget about calling the doctor, uncle sam is making a house call and doesn't come cheap. i'm charles payne in for neil cavuto. who needs the lost and found when you have the federal government. the white house planning to hire tens of thousands of so-called navigators helping people choose their options under the health care law and it's nice work if you can get it. each navigator could earn up to $48 an hour. we knew the health care law was big, now looks like the costs are getting big are by the day. to ben stein, gerri willis, charlie gasperino. >> 24,000 people in california

are hired to interpret obamacare? nancy pelosi doesn't understand it, the health care industry has been trying to understand it and can't do it. the bottom line, and i'm looking at it it from the consumers point of view, your costs are only going up some 68 million people are probably going to lose their corporate sponsored health care as a result of obama-- >> how many? >> 68 million. >> at least we're going to create 21,000 jobs in california. is that really the bottom, bottom line? there's more it to this than economics? >> happened to take two minutes out of my life and started reading the 63 pages. rules for navigators and shut down after the second page. the same thing happening since day one. we were told we had to figure out what was going to be in it. we knew what was going to come. it's going to be much higher costs, all kinds of regulations and mandates, we'll get the surprises by the week, whether it's a $63 fee

for just to have a fee or this. i can't imagine what this is going to costwo or three years down the rd and my xktatix expectations. >> ben, this is an outline. the states are going to have to foot the bill for the health exchanges and it sounds like a crazy thing. i mean, they're actually going to have navigators help people whose native laboring lang walang-- language is english. >> if obamacare is as complicated as you say, maybe we need people to explain. the question i have, if lawyers who are really well-paid. if accountants who are really well-paid and hospital administrators are well-paid don't understand it, where are they going to find all of these people who are going to be able to explain it, if they can get them to do it it would be great, but since, as miss willis said, since nobody understands it, where are they going to get someone who

understands it? if it's ununderstandable, where are they going to get someone who understands it? >> charlie, this thing, these guys are going to tell people, by the way you can register to vote with me. and you know, they're going to come from organizations like planned parenthood and things like that, and-- >> is it really about understanding the bill? isn't it going nor nefarious about this? >> i don't know nefarious, but overtly political. >> i guess your point of view. >> nasty maybe,but-- i'll let adam decide whether it's nefarious, but it's clearly keynesian economics at work, when you think about it. and when the president ran around saying the health care bill wouldn't cost anything, i guarantee part of the bizarre economic analysis how many department of the jobs were created and how it would impact the economy and this is it. >> adam, do you see anything in this that worries you at

all. >> not in the way at that it appears to worry everybody else. so far what we've had an is extremely smug conversation. we have piece of legislation that-- >> how could it be anything else when you've got navigators at $40 an hour? i'm sorry. >> what we're looking at it a complex problem. do you think for a moment the health care system is it straight forward and everybody can completely understand what they're doing. what we're talking about doing, i don't know where gerri's statistic comes from. we're talking about adding u to 30 million more people having health insurance in this country. that's going to be complicated. >> complicated and more money than we could ever possibly afford. it's too much. >> here is an honest thing. >> what is too much? charles, can i make one more points. >> adam if we're going to be

honest ab not smug, people hired don't have a medical degree and won't know anything other than they can speak more than one language and give them a brief outline of bullet points, it won't be explained in a way that anybody here would understand it. >> let me just address that. charles, i'm being like objective here. you in plural, you hated this bill from the beginning, you criticized it from beginning to end. you don't like it, you were never going to like it. >> we don't need people with medical degrees, we need people who can help work the system. >> adam, you just said. >> people can get their insurance. >> i think we need people to help. you said the current system is complicated and hard to get through. this thing is ten times as complicated. where they going to get people who understand it. >> my point is-- >> the way that ben likes to say. when you say ten times more complicated you're making that number up and charles, you're sort of-- >> 5,000 times. i actual started reading it.

>> hold on a second. how about saying we know it's more complicated. and it's going to be more complicated. gary k, you wanted to jump in. >> look, first of all, einsteicouldn't figure this bill out. that's a fact. i've looked it over, it's an absolutely-- >> it's not a fact. >> when it all comes back to it, i use one word, it's cost. the cost of all of this is obscene. this country does not have the money, the taxpayers do not have the money to pay for in. the next six years of our taxpayer dollars have already been spent. i don't know how we're going to cover this. we think we have a bankrupt now, and look-- >> i want to go back to ben. ben, you know, part of my theory on this thing, a big thing with the obama administration is what they call economic justice and the idea, listen, adam makes a great point. we should have people understand what they're signing up for, no doubt about that. do we haveo pay somebody $48 an hour to translate obamacare from english to spanish? >> if it turns out that people

are really getting health care and their lives are saved because they know which doctor to go to and it's going to treat them and save their lives or their children's lives, yes, i think it's worth $48 an hour. i go back to what i think a number of us have said, which is if it is this complicated that even very highly paid lawyers cannot figure it out, that even the congress of the united states cannot figure it out, i question where they're going to get the people who are going to be able to figure it out. nice if they could get them. where are they. >> like calling at&t or visa, the 800 number for help. reading from a script, well, ma'am, how old are you-- i mean, how are you going to get-- >> and the person might also be in india. >> and who are the these people. >> if cost was an issue we would outsource it to an india call center. but these are artificial jobs and artificially paid jobs.

and we're talking about a windfall for president obama, and unions get a slice and planned parenthood and acorn. >> what does planned par parenthood. >> these are the organizations that would be qualified for this kind of work already. >> i have no idea-- >> that's horrible. >> and what i do have an idea who is paying for it, that's the taxpayer. the taxpayers always gets buried in this. there's no accountability, no defenders of the taxpayer in any of this, and that's how we've gotten into this position and they keep doubling and tripling down and it's just cost to the taxpayer. >> it's not the just cost, it's also care. the likelihood of you're actually seeing a docto under this program is small. we're going to have to make do with nurses and at the end of the day, what's the quality of care? >> that's it, it was fantastic. we've got to wrap up and leave it there. >> up next, deja vu all over

again, the latest housing plan from the white house could be a crash course in history for another crash. haven't we seen this before? >> the 10% mortgage i would do it myself except i'm into four other deals right now. so, i've got a four o'clock and a five, all cash, and something or other.

and all of your latest headlines always on foxnews.com. log on. >> amid the latest housing comeback, the white house is

punchi pushing basics to give mortgages to folks, and they won't get in trouble with the people default on the loans. gary k, it looks like history is repeating itself? >> two words, oye and vay. i don't know where it start with that. >> you're going to have to translate that. >> and people got mortgages that couldn't even make their second payment that were backed by the government all this, that and the other thing. now we're washing, rinsing and repeating. and why do i tell you this, just because housing prices are going up, doesn't mean they don't go back down once interest rates are normalized. if we give houses to people that can't afford it, we'll repeat. i don't understand any of this logic. >> i understand it, i don't necessarily agree with it, but it harkens back to the genesis in my mind of the housing bubble. community reinvestment act,

get people on the fringes of society into the rebound. and a lot of people are watching the housing market come back and want a piece of the action. >> it's not just the government, the banks are giving out sub prime mortgages. you know who you can't blame, this week, a report from fidelity. people are saving more for retirement, 54%, 70% have reduced their debt since the great depression, or recession, whatever you want to call it. so americans, americans are doing the right thing. it's government that's out there diding that they're going back to the policies that have failed in the past. >> we cut 1.3 trillion off our debt. on this thing, charlie, the idea that the obama administration is urging and the justice department selling banks, this time around when it falls apart you won't be in trouble. >> there was an orwellion fault to the president's announcement. i couldn't help, but think it's 1984 when i saw them

blather that nonsense. let's get to the heart of sow unsophisticated economically the president is. one of the reasons why we had a housing crisis and a housing bubble, then caused a crisis because of all of these incentives to buy homes, including wall street securitizations. >> sure. >> tangentially involved government regulation and that did up the price of homes, to a point where people couldn't afford it unless they got one of these crazy loans, like, nothing down. >> no money down. >> balloon payment the end of the two years and that's the problem with these. they actually inflate prices beyond where the market could be. and listen, my dad worked three jobs. we had a house, moved from an apartment to a house, but it was chief enough to buy. >> and what, is this the answer then, adam. is this some sort part of the fairness doctrine. >> this is a point where i'm going to disappoint you, i agree with everything that charlie just said. this is horrible policy.

it a bipartisan horrible policy. i'll make you happy a little bit. >> it's nothing to do with the community reenactment. >> it's called a fee, but-- >> and by the way, adam, he didn't need the community reinvestment act to have the subprime loans a big part of the crisis. that by the way was pushed by fannie and freddie. >> that's why i'm agreeing with you completely. this is terrible policy. we have guilted people into thinking they need to own homes, there's something good about owning a home. of course there is, but-- >> there is. >> it's not necessary to own a home. >>, but the government can support about it, but not the way as it has in the past. >> the point that it's bipartisan? >> if you're the president of the united states, and when you say home ownership went up

under my watch. is it something we should be rolling the dice it at this stage. game. >> my head is spinning, i don't know what planet all of these people on our panel are from. the housing market has recovered somewhat. it's way weaker than it was in 2006, 2007. >> should be. >> and much stronger than a year and a half or two or three years ago. it's still flat. and if you're a person like me who owns a lot of real este, and dealing with banks about mortgages, you're banks are being extremely-- are you suggesting then that it needs to sort of boost, kind of boost and people are putting 3% down with a 500 fico score. >> yes, i am and. >> we disagree. >> i don't care if you disagree. the numbers are the numbers, the numbers tell us there's not much activity in the housing market. >> maybe that's good for now. >> and people can start affording again.

>> gary k. >> easy money invites stupidity and bad behavior and especially when it's backed by the government. it's easy to drop the keys on the doorstep just like '06 and '07 and another meltdown, i don't mind making it easier. i mind making it easy and starting to talk the ridiculous numbers. >> final word to you, ben. >> they want to make it easier and it's too strict now. try and get a mortgage and see how easy it is. >> we know it's not easy, but 3% down with 500 fico sre raises a red flag for a whole lot of people. >> i agree, i agree. of course i agree with that. >> and firing a coach for slamming players sounds like a slam-dunk or is it? it took rutgers university months to give the coach the boot after giving the players the boot literally. the forbes gang at the top of the hour. here next.

>> i know a lot of you are already on my side and for you naysayers, i have two strong words for you, come on, come on! >> why the latest bit of budget news from d.c. has

>> all right. i'm just going to do this. >> oh, oh. >> and if you geteaten, it's your on fault. >> doh! oh, oh.

oh the hell with it! >> okay. and now that guy for losing weight. why would you take budget tips from the white house? president obama declaring april national financial capability month and the white house is submitting its budget for the year next week two months past the deadline. so, gerri, hypocrisy, maybe? >> what do they know about budgets? nothing about budgets. that's clear. and the idea of taking some kind of advice from t white house or the administration on this couldn't be crazier. lk, at the end of the day it's regular americans who know how to balance the budget. you know why? because there are consequences if you don't. >> when i first saw it i fell off my chair, literally. >> regular americans don't know want to-- relates to the last conversation we had. they took out the loans they couldn't afford and then the houses, they get thrown out of their homes. >> given to us by wall street.

>> i tell you what, gary. >> and the government. >> 1.3 trillion in debt, maybe they've learned the hard way and certainly, i don't know if, the white house has the ability to teach them? >> well, just a take a little bit of the other side, it's never bad when you teach americans financial literacy and about budgets, but i've got to tell you, we should be teaching them. 6 trillion over the last 4 years in debt, i'm sorry, those are the wrong people trying to tell us. >> ben? >> what occurs to me is president obama is not writing these guidelines, michelle is not writing these guidelines secretary of the treasury-- written by a middle level bureau krabure bureaucrat who is good at writing budgets. >> we hope so, we haven't seen one yet. adam, real quick. >> the federal budget and my budget are apples to oranges, completely different animals. of course they should balance their budget, but it's a different subjects. >> thanks, special thanks to charlie and gerri.

up next, five years after, more americans are putting away money to fall back on. many americans are boosting their emergency funds. our gang has pic

>> stocks that help boost your emergency funs, jerry? >> tjx company . the stocks are perking again. and i think it has a defensive component of being a

discounter with the market in trouble here . >> it is said that we look at discounselers, adam you like this one? >> i am sure it is terrific and jerry is a good stock picker, but the subject is emergency. i don't like the stock pick . >> what do you like for emergency? >> tips for example . inflation protection securities and your goal should be as an investor to have a cushion and you need cash or cash likes. >> ben bernanke said we don't see inflation miles down the road. >> i am sorry to say adam is a great stock picker and great day. the average dates are too long. >> what do you like ben? >> the buy theke