thanks for joining us. the cost of freedom, the number one business block on continue denieneal right now. neal, take it away. well, forget about this guy, all bent out of shape over the president. a lot of these guys and gals are getting pretty bent, too. hi, everyone. welcome. call it the youngnd the restless, but it's not the kind of soap opera the white house likes to watch. the government surveillance programs like those going on at the nsa are violating their privacy and they're not a bit happy about it. this as the president's approval ratings continue to fall to an all-time low. it trusted the government as breaking down. is that putting the brakes on any big kind of government agenda? l right, charles payne, what do you think? >> well, i think it will.

listen, trust the cornerstone of everything. trust the cornerstone of any kind of success, business, family, you've got to believe in the government. young people particularly believedn this president. you know, inadequate answer to nsa, irs, benghazi. now you use these organizations as political tools, it's amazing. i think there's a lot of optimism on wall street and other places that maybe this will put the cabosh on some of these anti-business things the president is pushing through. >> what do you think? >> i'm an old fuddy duddy. >> no, you're not. i'm an old fuddy duddy. you're like the anti-fuddy duddy. >> yeah, you are. in terms of like -- i have no expectation of privacy. but we have an entire generation of people who are growing up using social media. and i think that they are utterly shocked by this national security agency collection of phone records in a way that older generions are not. i think that if you have people reacting that way to greater government, bigger government,

that will be ultimately be a good thing because maybe those people in washington will be forced to shrink it. because i don't think young people think the government will be there for them when they're retired like in the form of social security. >> well, i will say this, gary. young people in particular are married to those gadgets and they're married to these social media sites and the rest. and when they hear whether, it's, it's under a democratic president or a republican one, reminds them of something they really like to do that they don't like the government doing to them. >> and just remember, campaigner obama came out and said thate wasn't going to do what george bush was doing as far a as wiretapping. all of a sudden, he's taken it to the 1100th power and this was all new. this was done under cover, nobody knew about it. now all of a sudden, boom, now the poll numbers come out, they're way down. punish now i want to see tt because i want less government and the go news is, i think this bucks up republicans to maybe fight harder against th. poll numbers do matter.

>> but julie, i always think be careful what you wish for. republicans are the ones would did a patriot act and while both parties by and large started it, this is now the patriot act on steroids. does it boomerang on both parties? chiefly the democratic party? what? >> you're not getting an argument out of me. i think this has gone to an extreme. i was vocal about the fact that democrats trashed george bush for doing it and they're not going to trash obama for doing the same thing. it's funny that these young people who put everybody they hooked up with last night all expecting privacy when it comes to something else. okay. >> yeah. i alwa like the ones -- always the i. >> yeah. you know, but your ,000 facebook friends, that's okay. look, at the end of the day, i think there is no expectation of privacy. there should not be. those of us who were against the patriot act ten years ago were fearful of -- >> but young people in particular julie, listening to

their point and karls maybe you can sound on this point. they really do, as a clear sort of libertarian streak in this regard. that they don't rlly like the government messing around in their stuff and with their stuff. >> they feel like the 1,000 facebook fans or people on their facebook, that's their community. so, yeah, they put everything out there. they share everything. but they think that they're only sharing it with specific people and they do not like that. >> well, are they naive and they just had to wake up to that? >> they're not naive in the sense that when someon says, listen, i'm running for a political office, vote for me and i'll do certain things for you and thatperson doesn't do any of those things that he promised, that's being naive. >> well, you know, all this stuff costs a lot, too, gary. to see nothing of just the spying that go on, collecting reports that goes on, the very devices anand the sights they'r usg, whether public or private entities, they're part of this process. oftentimes agreeing readily to

whatever the government asks. and now, those sites go back to try to explain to their customers, well, we're going to have a new policy about that. too little too late. >> first off, the small print on some of these policies superman couldn't read. you don't even know what's in there. and i've got to take the step back here on this expectation of privacy. i expectpracy. i think government is making everybody believeve they should have an expectation of privacy. privacy is one of our great rights that we should have and they've just gone -- they have jumped the shark at this point in time. and my point is is that something has to be done eventually because they're going to be into everything -- they already are into erything we do, but where does it stop? >> i have come out and said i don't have any problem with the phone collection, the phone records collection. >> do you know the next stages when they have your records? >> yeah. again, i don't have any -- i don't think anything is private in this world. but then again, my world view was dramatically changed being

here during the terror attacks. >> so that means open season? >> i think there have to be controls, but in terms of, like, collecting phone records, i expect my credit card companies to do the same thing with my credit ca information. but i think with younger people, to charles' point, they do think that this is a community and they choose to be part of this online community and it's not any of the government's business. and you're going to see, i think, in years to come particularly with social issues, younger people becoming more and more libertarian. they just want the government out of their business altogether, regardless of whether it's social media or anything to do with the private -- >> look, we know there's bad guys out there. we need to get rid of them. but government is using thats a an excuse to get into everything we do. they're going to go into the mold in our shoes. and my big thing is, where does it end? at what int? you said it, are they listen to go every phone call we make just because? i think too many people in governnt take advantage of is, whether it's for their political leaning. again, where does it end?

>> look, julie, that's about the extent of it. you and i talked about this not too long ago. now we're getting word that the post office snaps images of a lot of the mail that comes our way.. they don't open it up, we're told. but they just snap images of it. to what end, i have no idea. to the point that every time we find out something, we find out someone else. that's why i don't have anybody when they say just it's a few conservative groups turned out to be hundreds. it was no individuals, turned out to by quite a few individual owners. just like the justice department, it went after a few ap reporters, turned out to be many more than that. my point is, every time they tried to clarify something, they just deepened the scandal around something. i don't have trust anyone. >> hey, i -- on this collection issue, i'm a hundred percent with you. >> all right. then i'm going to take the other posture. that's ridiculous, you and i should not be on the same page. >> pigs are flying somewhere. but look, at the end of the day,

this is exactly the people who were against the patriot act warned about. the patriotic act got reupped a year ago and nobody said a word. >>e didn't know a lot of this. and the patriot act at its largest sense of going after people who threaten us with sort of a green light to do anything and everything. even you would acknowledge that. >> no, it was. that's the fear of the patriotic aci had since day one. the fear was that you had under this guys of protecting and terrorism, it could go after everything. >> what do you think of that, charles? >> there's a gigantic difference between, hey, you know what? there's a whole bunch of calls coming from jersey city to, you know, the mountains in afghanistan. let's tap that. erssy city to newark. those are two different things. there's no way in the world you can compare the two. maybe you thought this was going happen, but these are two distinct different things. >> i agree with you. buthe government, there's

jersey city to newark calls. it's not just the obama administration, my friend. >> why are you guysicking on jersey? >> and the bigger point now -- >> that's why. >> we can make these people accountable. nobody is going to make them accountable. they say one thing and we find out there's ten more things. >> i think that if the american people, young or old, don't like what's going on, they can make a change, they can vote in people who are against it. i personally am not, not the nsa program. >> they thought they were. >> they thought they were is righ >> but if you're fine with it, fine. whatsoever. >> but if you look at the poll b, you ys, people don't care. it's kind of in a blip. young voters and -- >> oh, i strongly disagree. you see that, the young support for the government is at an all-time low for this administration. these are not imaginary polls. some of this is coming from news organizations you like. >> you absolutely are like, including this one. but i will say that the

aggregate polling you look at, we can revisit that like you did last year, people are polling -- >> who are -- >> people are shrugging, they're saying, oh, whatever. >> you are so wrong on that one. >> no want look at the polls, my friends. >> in the meantime, did any of you see this? that was the reaction at some media when gas prices fell belot

the boys used double miles from their capital one venture card to flhome for the big family reunion. you must be garth's father? hello. mother. mother! traveling is easy with the venture card because you can fly any airline anytime. two words. double miles! this guy can act. wanna py dodge rock? oh, you guys! and with double miles you can actuay use, you never miss the fun. beard growing contest and go! ♪ win! what's in your wallet? other country, many of them rned him down.

goods prices are falling. playing this up national average for gas, down to $3.50 a gallon. what you didn't see in it in the headlines, prices are still up nearly 20 cents for the year. and this as the president has yet to give a green light on keystone. my point is not that we should celebrate when we get to around $3.50 or less for a gallon. it used to be a lot lower. are we so used to bad news, that weejoice when it's not as bad? >> that 20 cents is equal to about $80 billion out of the consumer's pocket. i'm a big believer in psychology of the market. if the president comes out and does something about this and goes after theshale bshdy the way, there's about a trillion barrels there, the psychologyf the markets change, prices come down and everybody is happy. >> we're already getting shale oil. we had the biggest increase in

the world in this country, more than a million barrels add add a day. >> maybe those prices keep going down as a result. >> and the biggest in our history. what will happen? we do need more pipeline. that's one of the reasons that you have not seen this translate into a decrease in gas prices. and in part, because you need the infrastructure, you need the pipelines from the oil fields to the refineries. >> well, turn around the media percon of this. is it fine, th, that we do celebrate good news where we can find it because this is at least better news? and it sure beats prices -- >> america has become accustom to celebrating mead diocracy. george bush's best friends were saudi arabian princes, he was trying to hurt the average american, dick cheney was orchestrating the whole thing. under president obama, it's great news. oh, and by the way, a couple hundred thousand jobs, 3.50 gas.

but to your political argument, it's what you get used to. if you are pounded by negative news, negative news -- >> we should be growing 400, 500,000 jobs a in right? >> absolutely. and we get used to it in part because the media helps us get used to it. >> and also fuel economy standards have improved. >> julie, what do you think? >> i think he's right. you guys are complaining that obama wantto raise fuel standards is, but that's pretty good news for gas standards. itill make that tank of gas go a lot longer and i think that's pretty good. i'm not oppose to the keystone pipeline. but we do know that it's not really -- i mean, from fact checkers and others who have looked at it, it's n really going to affect the price of gas. we can sit here and pretend it's going to be a massive panacea. it might marginally effectt a couple of cents. >> here is the issue. as much as going after coal -- as much as raising our utility bills is the issue, that part of

the energy issue -- >> what part of the energy issue? >> going after coal, going after -- not dring those standards and grandfaering it in for power plants and the like, that all of a sudden are looking at having to makehese expensive adjustments right now. i find it odd that these plants that really depend on coal, jul julie, are the ones that are going to get socked in the seats and these are the same plants th are going to power in those plug-in hybrid peps. >> oh, stop. you and i keep having this discussion every week. i'm going to tell you, coal is the -- i'm sorry for those people living in coal states, but -- >> so with all the cleaner prospects wh standing, you would just bag it? >> nobody is saying get rid of coal all the way. what they're saying is invest in technologies that might help us -- >> how about everything? >> use everything. you have to be worried about the war on coal because it's really part of a bigger war against fossil fuels. by the way, natural gas is a fossil fuel. the next chapt ner this war is

against natural gas, wherever they allow it. it's created a billion dollars in jobs, tax revenue, it's making us energy -- >> no, if we didn't do any of that -- >> under the president. come on, charles. >> not going to oh lpoe lit siz. >> obama benefits from it, but come on. >> okay. he can shut it down and -- >> i want to ask you, get your sense, if we didn't try to reign in, for whatever reason, all of these existing eney fuels we have available to us here in the united states,ow much more affordab do you think our utility bills would be? how much cheaper do you think gas will be? >> everything comes down and it feeds on itself. ju remember, it's psychology of the market and a business. and the main thing is, if people just see that they're starting to go the over way, things will get much better. >> can i say one thing? and it's a small note. when you saw a big spe in gas prices in the midwest, in places

like wisconsin, because the refineries there were converting themselves to be able to press this shale oil, ultimately, that going to be great for this country. and gas prices will be lower. >> i don't think you're right. >> okay. but i still love you. >> i still love you, too. when we come back, lighten the load and lighten your airfare one airline with the plan to only hire female flight atte attendants saying it will cut down on gas prices. i think it's a way to justify hiring babes up in the air. that's just me. because the whole plane load could be stu wth fat people and it's stupid. anyway, they are going to be on [school bell rings] teacher: good morning, students, and welcome to ceer day! i hope you're excited to hear about

all the great things you can do when you grow up! emily: hi, everyone.'m emily. i'm super excited to introduce my dad because he's my hero. when i was little, my dad was away a lot. but i was okay with that because he was doing this really important work driving ambulances in iraq. now he's home. which is great for me because i get to see him every day now. and he's still the biggest hero i know because he tel all the ambulances and the fire engines where to go to rcue people when there's an emergency. i'm so proud of him. he's awesome. he's my dad! [applause] announcer: if your service-connected disability prevents you from continuing in yr civilian career, vocrehab offers counseling, training with a living allowance, education, and other services to help prepare you for your next mission.

failing grade. a number of colleges has more students likely to default on loans than graduate. now oregon putting into motion where students can go to a steat college at low tuition or low tuition, but there is a deal. they pay 3% of their annual sary a after graduation for up to 24 years. learn now and pay later? >> they are going into debt for students that goo into debt. i think until we change the cost it doesn't get better. colleges are raising ices 7% a year. it is an obscene amount. until that changes, we are at a trillion dollars in debt and

it will only get worse. >> unfortunately, cleges, hollywood, they are all of the liberal groups that can do what they want, say what they want, they can be hipocrites and raise their tuition or salaries 600% over inflation and can't be touched. >> student loans and colleges are just like the housing market. too much cheap and easy money to get from the government. these government-backed loans. that's why the tuition rates have sky rocked over the years. hopefully it changes. maybe not. >> what do you think oregon is trying to do? >> i agree. they from going into debt so students can go into debt. i don't know what the solution is. it is obscene. these diploma mills are horrible and they are gouging students. they need to be regulated a lot better. they are gouging to make themselves rich. >> their hearts are in the right place. invariably you will be double stuck. >> you will be double stuck, but here is the thing, we have colleges, for profit colleges crushed by the administration and virtually put out of business. they have created this scenario.

it is a monster. >> and colleges know when there are cheaper loan rates and you keep them cheap because it gives them a reason to continue or a deal like this. >> when an industry like a college gets paid no matter what even if the person can't pay you have a problem. it is about subsidizing and it never worked. >> the students and the parents have a choice. don't pay a lot and go to an in state school. >> or become a plumber or an electrician. my plumber has people. they make a lot of money and they are doing well. they come in a limo. i can't do it. i want to thank you. meanwhile, up exin, red, white, blue and green, all-american stocks that will have you

all-american stocks from our stock taking patriot. >> united rental operate in every state from aerial pick up trucks and crocs, great company -- and great company and great business. >> what do you think? >> doing well. >> so you agree? >> absolutely. >> normally we don't do that here. >> what are you dismog. >> ford, mber one business is accelerating and number two, acting well in a market that has been shaky. >> charles, what do you make of ford? >> the ford, f-150, that's all. this thing is a monster. forget about cars. it is about trucks. ford is no joke. people love ford because they didn't take a government handout. >> aren't they lower quality? >> i can't remember quality

issues, but people love ford for a lot of reasons. the quality of the vehicles, they didn't take the bailout. >> gary, great seeing you. >> my pleasure. glad to be here. >> it is the place for business, fox. a dial tone. that's right. that's all conservative groups are hearing from the fbi. the attorneys representing 41 of the organizations suing the irs for targeting them says he still has not heard a peep from the agency, even though the fbi claims it is investigating the irs. mind you, this story broke nearly two months ago. so is this proof that the administration is not taking the charges seriously? hi, everybody. welcome to "forbes on fox." happy fourth of july. let's go in focus with mr. steve forbes. steve is the fbi taking this seriously or