to go up? >> yes. >> no. >> yes. >> i'll go with the yeses. thanks for watching. the number one business block continues with eric bowling and cashing in. me play. ♪ me play. ♪ irs cruise foorg bruising after picking a fight with conservatives, texas senator ted cruze is here. leading the charge to abolish the irs altogether. you don't have to be a reporter for this administration to size you up. now thanks to obamacare if you weigh too much or smoke, ou'll be slapped with a fine. is had a fine with you? nd teacher is in hot water, is this what is wrong with the american education system. "cashin' in" looking for your rightstarts right now. >> welcome to "cashin' in." we'll be going full speed

exploring the latest scandals in washingtonh "cashin' in" crew b time focruise control. in the hot seat. my old friend, ted. wego all the way bk to old days, and senator you a leading the charge to abolish the irs. tell us your plan. >> look we have seen in recent weeks that the irs has not honored its trust with the american people. that the obama administration has demonstrated a willingness to use the machinery of govenment. to target their pitical emies. that is wrong. it was wrong when richard nixon did it and it was wron when barack obama did it. whe the federal government has that much power in individual lives it's an invitation to be abused. i think we sh move to a simple flat tax where the

average american can fill out taxesonostcard. put do how much you earn, a deduction for charitable contributionsand how much you owe. it ought to be a simple one page postcard and take the agents, the bureaucracy out of washington and limit the power of government. >> eric: i have a hunch you might get support for that? >> it's about empowering the people and that ought to be a bipartisan value, something that republans and democts can both embrace empowering the citizenry itead of politicians in washington. >>ric: a lot ofs are concerned because the irs has en entrusted by obama administration to administer obamacare. do you trust them to handle that? >> not remotely. th the irs is given keen

administering our healthcare. conerning val aspects of taking ce of our family's healthth and loved ones health. they are crating the largest database in the country to implement obamacare. the intruce into our personal lives i think is unacceptable. the pattern we see is not something we can trust that will be administered in a fair way. thatit won't be a used in a partisan way in a vindictive way and tha is unacceptable. >> eric: could you expand to that. if there was partisan targeting in financial matters, may they dothat in medical matters, too? >> weave seen a consistent pattern in in administration and the pattern is a willingness to use the machinery of governmentto target those they perceive as the political enemies. that is true with the irs. it's true with the department of justice that has been targeting

reporters, targeting fox news, going after reporters that would dare be critical of this administration. and i think -- frankly, it's the power that the ends justify the means. this administration h been wiing to disregard the bill of rights, constitution, first amendment, secon amendment, fourth and fifth amendments with drone policy. to set aside the ccon stiantsd have the law for partian aims. the result has been that people's trust and the integrity of government has been undermined and hasn't been helped by t fact that the administration has been willing to mislead the american people. i think the presidenteeds to tell the truth. >> eric: you bring up at least t of the three pending scandals. the problem ofransparency that that he gave us has given way to denials. what would you tell

president obama? wld you tell him to step aside? >> i would tell him to to tell the truth. i think every president has an obligation to candor to the american people, not to mislead t american people. we have seen two instances of senior administration officials committinglat out falsehoods. the white house press secretary stated neither the white house or state department had edited the lking points on benghazi other than changing the word consulate. in a couple of days, abc news reported that was false. they had edited 12 different times andoved reference to al-qaeda and terrorism. that is directly objectively provable false statement made by the president of the united states. within roughly the same time peod the irs went before congress and said the irs has not been targeting conservative organizations, pro israe

organizatns, those organizations that the administration perceiveso be enemies. when senior officials at irs knew this was false they made objectively false statement. that pattern undermines trust of our democratic ins tuig and the president needs to take responsiility. there needs to be ccountability and we need to find out what hpened and president needs to tell the truth. >> eric: let's turn the page gogoing forward. immigration is going to be one of major themes going forward by the obama administration. marco rubio h put forward and idea that may include so sovtd amnesty for illegals, may include some amnesty for illegals. >> i would like to see it pass in congress. i think the way to pass a bill is toocus on areas of bipartisan agreement. that is how you get something accomplished. in immration there i ink there is a widespread bipartisangreement number one that we have to get serious securing our borders, it doesn't make

sense who is coming into this country. number two that we need to improve, we need to stream line and expand legal immigration so we can remain a nation that welcomes and celebrate legal immigrants. my d came to this country 55 years ago penniless fom cuba, that is our shared heritage. if we focus on areas of agreement we can fix the broken immigration system. unfortunately what the senate democrats are trying to do, they are focusing on areas of sharp partisan diagreement. i think that is sadly, because the obama white houseants a political issue more an they want to pass a bill. they wanted a partisan issue. ty hope the bill will be ssed in senate so they voted down in the house so ey can campaign on it. that is cynical. >> eric: so your fath came over here 55 yearsgo

with high profile and speculation that you may be looking at a higher office, presidency. will you explain how you would be able tondle running for president if you wer born in canada? >> the facts of my birth, i was born in cana, my mother was born in wilmington. i've been in senate, first elected position. last thing i was elected to a student council. my focus is on the u.s. senate. that isthe battlefield right now. we are fighting to turn our country around. we are at the edge of a cliff. we are at edge of fiscal cliff. we neat economic and opportunity back. hundred percent of my focus is s the u.s.enate right now and helping publicans win the senate zblooshlg i'm a big fan of yours. when senator mccain and rand paul were whacko birds. i was mad about that.

have you figured out what a whacko bird is? >> i like and respect senator mccain. he is a a national hero. he isan of great integrity. i will say this, that a standing for liberty liberty and standi for the constitution makes you a whacko bird, then y you counted me as a proud whacko bird. ec:ly be a whacko bird right behind you. senator cru, thanks for comi on "cashin' in" this morning. >> and miss america if you got advice you may wnt to pay the price and put down the foxnews.com.

>> eric: get ready to fork er your cash. here a whammy in the health care law. overeaters and smokers will face fty fines because employers will be alloed to charge 30% more for alth insurance if individual don't meet certain health standds. jonathanou have a big fat problem with this. >> eric, who writes the checks makes the rules. government wtes the checks, it's not patients or insurance professionals that are going to make these rules. it's going to be government bureaucrats, what is healthy and what is unhealthy. it's totally political and arbitrary and ineffective. i read the 128 pages of

rules they are going to fce or incentivise you to sit in wellness prrams without having ientific proof that they work. of course government will have all your private informati, who is fat and who smokes and henchmen are going to be the employers. they are thenes in charge of enforcing this. it's bad from starart to finish, but so obamacare as well. >> eric: this could really hurt people, as youet older your blood pressure get up, you'll getined. >> i think it's eper than that. hee a case o the government by virtue of the healthcare law gettg into your private life and bei able to say anything. dictating what kind of food will be served, what kind of things -- 's such a nasty invasion of your personal life and dictated by a law that is probably 2200 pages long with 20,000

regulations in it. nobody knows what it is going to cost or what is going to happen. this thing about food, it's outrageous and invasion of personal privacy. >> eric: we do a show "cashin' in" and there is no shortage of information about this obamacare law. every week there is something popping up that ing to cost taxpayers more and employees more. what does i end? >> i think jonathan and wayne haveve weird fantasies about what is in this bill. it's nothing new. businesses are already doi this anyway. businesses have in place, incentive programs for wellness programs. they have co-pay programs for people that have to add more because they end up costi the system more. we have $2.7 trillion in healthcare expenditures, 50% is because of unhelp they will think lifestyles. >> wait! >> let me finish my point.

business roundtable supports this legislation and something that businesses do all the time. >> that is the point. >> i think you are making the exact point. if a business wnted to charge fines for you being ovrweight that is up to the corportin or the company itself. it is not up to big brother governme. that is not true. no, government is insist particular. it's cming through obamacare which is erefore the government. >> wrong, wrong. >> incentive and coercion. you are saying that coercion and incentive e same thing and they are not at all. >> can i pointed out to you there is nothing in the healthcare law thatoerces any busiss to do this. >> the whole health care law is coercion.

>>let's not play this game. there is nothing in these regulations that force any business to do any of incentive programs and many businesses are already doing it. >> let me give jonathan one more word. go ahead. >> the whole health care law is cercion. what is so sad in the free market you have an expansion of the marketed like you have wilferd selling life insurance and seing car insurance who are old and bad driving records. if you had a free pa market of healthcare you would have new professional risk takers and pop up and cover these folks. you have government rules and that costs everyone. >> eric: like i said we have no shortage of information. i am guessng we'll have more next week. coming up teaching students their constitutional rights is not right. one teacher was scolng

for doing it. is that fair?

♪ ♪ . eric: our country was built on the constitution, but a public high school teachers now in trouble for teaching it to his students. he was suspended for a day after telling the kids they h a constitutional right not to answer certin questions on a school survey. >> several of the questions asked the students to self report on what can potenally

be criminal behavior. you take alcohol? do you illegal drugs? do you lie or cheat? do you smoke or chew tobacco? >> eric: i saw roadways likewise take the fifth th-- lo lerner take the fifth the other day. but he's saying the kids can do the same? >> he's trying to teach young people, eric. a recent study showed only 16% of young people actually know anhing about the constitution, so here you have a high school teacher actually trng to teach them something about what the constitution stands for and he shot down from the get go. what the publi schools teh sacrifice and submission, case in point is this reqrement to asking students to basically self-incriminate themselves by providing this data. i mean, you look in the constitution, you wot find any mention of the blic schools. i think the founders understo it was really dangerous to have a -- >> eric: over to tracy. as someone with kids, this is a tough one for us. i want to know what's going on.

>> exact. they're minors. i hate to break it to you, you don't have rights at this point. you are breaking the law. and forhe teacher to evoke the fif amendment at a time like this look, i'm all about history class. but at this point, these kids are under the protection of the chool. we entrust our chilen to these peop president building. i wantto know everything. i don't really care. >> eric: hang on. go ahead, julian, break thetie. i'm guessing i know which way u'll go. >> as i always say, i hate to agree with jonathan on principle here. but jonathan is exactlyright. it was a dumb survey. if the school really wanted this information, they would have done an anonymous surve there are fifth amendment issues here. thes answers go into the permanent files for the students and the teacher was absolutely right in giving udents this civics lsons. >> eric: wayne, i kind of agree with tracy on this. kids need some direction. now maybe ty shou have done it anonymously, i'll agree with that one. >> well, making a kid, giving m direction and saying you're going to violate the constitution or give you a

lesson about the constitution are totally different things. i agree with jonathan an li, all due respect to yo sweetheart, i don't agree because i don't think it's appropriate place for a teacher parent.titute himself for the the parent is going to do tse things and the teacher is doing exactly what he should do. >> at the same time, though, eric, i def a kid to hell his coach he's not going to take a drug tt. you can argue is the same thing. that's a violation of my rights, but i choose to do it. these kids -- >> drug tests are totally different. >> don't you see where this gs, tracy? thhigh school junior says yeah, i sked a couple cigarettes, that goes into the ak government's cputer. and five years from now when he applies for obamacare, there it is. >> that's not where this goes. >> eric: making this a full circle show. gotto leave it there. i need jonathan to encourage children to get a clue.

>> eric: coming up, on the upswing. the white house announced yet another bail outwith

>> eric: time for what do i need to know for next week. trac >> the government is expanding the home affordable modication program which was supposed to help people under water. but 36% of the people they helped are back in default. why not three $23 billion ck at something that's not work?

>> eric: more money at that problem. go ahead, wayne. >> well, i said i've been suspicious of this market and in a choppy market, i look for steady things. biotech, like very much. xbi. >> eric: not worried about this rally? >> no. >> eric: jonathan? >> bonds are gettin feels very e financial stocks did back in 2007. very weak price performance and everyone kind of scratching their head. tbx goes up with intermediate term trends. i own it and i think bonds go much lower. rates higherrom here. >> eric: tracy, couple of seconds, th vix, cheap right now, no? >> yeah. i don't know many people that make money trading off the vix. we know uncle ben's play book is more money, more money. get in the market. >> eric: more money. that's it for us. thank you for joining us. remember, we work hard. we pay our taxes and lawmakers continue cashing in on our hard work. while the obama administration is embroiled ithree scandals,

remember elections matter. 2014 midterms are coming up around the crner. register to vote and ke your voice heard. see you on "the five." have a great weekend, >> tom: witall the scandals rocking washington, there is plent of advice going on. how should the president eact. can congress really get answers and solutions. sage avice is nded. so let's ask a man who served many presidents and spent a long time inur nation's capital. we're talking with donald rumsfeld right here and right now. >>om: thanks for joining us. here at the top of the stack, the government, his government service started as a naval aviator then as a congressman. he ran the office of econom opportunity the ambassador of nato. white house chief of