♪ i can't complain, but sometimes i still do, life's been good to me so far♪ ♪ imus in the morning >> the president is waking up to a nightmare. his poll numbers are crashing. good morning, everyone. a cbs poll shows two disastrous numbers. his overall approval rating has dropped to a low for his presidency, 37%, it gets worse. approval of obamacare dropped to a shocking 31%. obamacare is indeed a rolling collapse and a political crisis for president obama. next headline, ben will keep printing money for a long time to come. half a mile south of here, wall street is greeting this with a big yawn. could it be that the money

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>> we showed you the latest approval number for the president and obamacarement now, here is why they're at all-time lows. hacker testified before congress on the website security flaws yesterday. is your personal information safe? here is what you have to say. >> do any of you today think today that the site is secure? >> no. >> no. >> no. >> no. >> well, this is a hypothetical, in your opinion do any of you think the site will be secure on november 30th? >> no. >> no. >> no.

>> no. stuart: okay. you call it unanimous, couldn't you? here is the next question, will the website be ready by the november 30th deadline? some 30% of the system has not been built. who is to blame for this? president obama is pointing the finger at the republicans. >> one side of capitol hill is invested in failure. we're going to have to, obviously, remarket and rebrand, and that will be challenging in this political environment. stuart: all right. so, where does that leave us? the answer nearer than ever to full on collapse of obamacare and the shredding of the president's signature legislation. all right, we'll be back in just a moment. because we've got ben bernanke printing money forever, or so it seems. why do we not have a huge rally on wall street when that kind of news comes out? because we don't have a big rally. we'll detail it for you in just

a moment. kind of a yawn, actually. @??

>> when the president had that heart scan, how scary was that? >> it was scary, very scary, but-- >> i wasn't that scared.

was it on obamacare? >> that was good. that was george w. bush and laura on the tonight show last night and leno made the obamacare crack and the president laughed. more from the interview today. and before the opening bell on wall street is tres knippa. ben said we're basically going to keep printing forever. so where is the rally this morning? why isn't going to happen? >> stuart, the market knows that ben and the fed are going to print forever. if you look back at history, once the countries start monetizing the debt, how many stop doing it, zero. look what happened when ben suggested he might slow the growth of purchases? next thing you know, bonds drop, yields go up and the market. and stuart i'll bet you dinner

anywhere in new york that when janet yellen takes the job as head of the fed, when she exits that job, quantitative easing will be higher than when she started. is it a deal? >> no, because i think you're right, okay? and nevif you're ever in new yo we'll put you in the seat next to me. the opening bell is ringing. let's open up this debate about printing forever. i've got shah galani with me and liz macdonald. shah, do you first. why don't we see a huge rally this morning? we're going to be up 10, 20 points, when we finally get going, but no huge rally? >> i think that people are reading in between the lines. in between the lines he said quantitative easing is an experiment. we don't really know how this experiment is going to end. what we do know, we know how to manage interest rates via the federal funds rate and we can manage the fed funds rate and reading between the lines, that says we may eventually start tapering and leave it to the federal funds rate to determine

where interest rates fall out. >> wait, could there be another explanation, which is, we've printed what, 4 trillion dollars? 100 billion a month and that's not working. we don't have lots of jobs, don't have prosperity, don't have a booming economy and it's not working. >> that's why the continued talk of low interest rates. what are the policy implications. if they revert back to controlling the fed funds rate. they have a problem. because it's not likely to rise anyway. so the fed funds rate stays low and banks aren't going to be lending to each other and they're not going to have to charge a lot of interest. what is the fed going to do? oh, interest rates are low, we better start tapering. i think the market is reading through this to this may eventually mean tapering will begin sooner rather than later. >> my head is totally spinning. you may be right we're only up 7 points. liz, any comments? >> i don't know if they can control the 10-year note. and they're due in slow increments like in 2004, quarter point raises here. but that's a 2015 event. what we're talking about is

filling the flat tire of the american economy by money printing which is like empty calories. where is the real economic growth coming? you've got to a risk of inflation and short-term job growth with long-term effects. >> we haven't seen any trickle-down the benefit is to the big banks. >> the banks have parked their reserves at the fed. >> and what are they actually doing? they're buying treasuries from the banks and large institutions and buying mortgage-backed securities. this is not trickling down to the general economy and consumers who are wanting particular loans. the standards have gotten higher. stuart: we're going to reactivate the buzzer and i heard two references to quantitative easing. >> is there a jar? [buzzer] >> and lauren simonetti, on the new york stock exchange. >> shares are low, and they're

net income disappointing. they've raised their numbers and it's typically a bullish sign, but the increase is less than wall street hoped and lowe's is a loser. and home depoet yesterday one of the best performers on the dow. >> j.c. penney encouraging, but where are they this morning. >> it's up subly this morning. almost 9%, and as you mentioned, their margins are lower than they have been in year's past, but the holiday quarter is looking good and investors are focusing on that. stuart: and they were a charles payne pick this week and he called it. lauren, two big names, yahoo! increased its share buyback by $5 billion. the stock's up 75% this year and it's up another 2% this morning. strong sales of tractors and

harvesters, giving john deere a nice boost. a weak outlook for the year, none of less, it's up this morning. priceline, they put it on the conviction buy list, better get out and buy this thing or should buy this thing. look at that, it's up $39 which is 3 1/2%. that ain't bad. and we just played the sound bite, the president blaming the republicans for obamacare's failures. his approval rating is at an all-time low, 37% according to cbs news and let's bring in editor at large, jonah goldberg. first time on the shows, where have you been? >> i know. stuart: let's get right at it. i wants your reaction to the president's remarks yesterday blaming the republicans. >> they're very sad. i mean, it's really rather pathetic when you think about it. this was -- you try to think of a greater unforced error in the history of american politics

and it's difficult to find one that's worse than obamacare. all of the variables that he needed to make this work with at his disposal and it just turned out he didn't know how to run a large project. he didn't know enough about how to run a large project to put someone in charge of running a large project. there was no one person in charge of this thing. stuart: i've been saying on fox news earlier and fox business our show this morning, that obamacare is a rolling collapse. i'm implying that this thing is going under. you follow this closer than i do. the political side of it. am i going too far with this? >> no, it's certainly a reasonable position to take. you know, it's always possible that this turns around somehow, but it's important to remember that all of the stuff with healthcare.gov, including the reports that we got yesterday, up to 40% of the exchanges still hadn't been built yet. how would you like to be in a plane where they told you, well, we've only got 40% left of the plane to fly to put

together? >> that was cruel, jonah, that was cruel. >> i mean, we're in -- all of this was unexpected from the perspective of critics of obamacare. they all assumed that the website stuff, the exchanges, the actual digital stuff would work. what we always said was that his promise that it was going to lower the average family premiums by $2500 wasn't true. we now know that's not true. and we always said he couldn't keep the promises you're going to keep, keep your health plan wasn't going to be true, it's not true. and we now know the president knew a lot of these things weren't true at the time and the website wasn't going to work at the time. it's difficult to put this things back together once you've lost the trust of the american people. stuart: what actually forces the collapse. if a collapse happens, is it a democrat revolt in the house and senate? what's the mechanism for collapse? >> i think the-- first of all, rome wasn't burnt in a day. it's going to take some time,

but, you know, the president has had time to get his poll numbers back, that's irrelevant. the thing is that of the seven states that mitt romney won that had democratic senators, voters there by a margin of 3-1 would say that they would be less likely to vote for a candidate who supports obamacare. and so, those democratic senators, those red state democratic senators are going to be the-- they're the center that may not hold. ocrats from red ry easily see states constituencies starting to call for repeal and rollback and barack obama has no good argument to deal with that. they've spent the last three years, four years saying that any criticism of obamacare was racist and irrational and now they have to say that democrats are racist and irrational? it's a very hard place for them to get out of. stuart: jonah, thanks very much for being with us this morning and please come again. love your stuff. >> great to be here, sir. thank you. stuart: thank you.

all right. the house g.o.p. now investigating the report that we mentioned yesterday, suggesting some numbers from the jobs report that was released right before last year's election, may have been manipulated. all right, as you're following the story, what's the update? >> the update is darrell issa and g.o.p. members of the house are asking information from the census, this is thin evidence. there's not a tom clancy novel breakout of conspiracy happening at the census. this worker that the new york post cited left in 2011. he did not cite any political motivation for what the allegations are of manipulating the jobs data and i'll tell you issing, the very idea that one person can swing it 3 percentage points, jobless rate lower before the election, there's no evidence right now that there needs to be proof although the census did alert the inspector general about the allegation. stuart: will -- let me summarize. right before the election the unemployment rate dropped from 8.1 to 7.8%. an article in the new york post

says it was manipulated, that's what happened. manipulation of the census data from workers inside the census department. the enis sus department comes out and debunks that theory and they're having for an investigation. >> asking for documents and e-mails and it dropped 3 percentage points between august and september of 2012. an it then went up in that october. and the idea that the data could be adull -- adult rated that-- >>, but the coincidence is such a stretch. >> and the trust of the american people have of the statistics themselves and that's a problem. we don't know which way the market is going-- excuse me the economy is going because we don't trust the statistics. >> wall street discounts the household survey they know it's not above reproach. and household survey does track the jobless claims. >> the fed doesn't discount it,

the fed uses its a headline numbers as parts of the policy. that's part of the problem. stuart: we're going to get that buzzer on you pretty soon. there was no qe in there. [buzzer] >> ben is going to print forever and the dow is down after that is released. kathle kathleen sebelius says it's a work in progress. the website will not even be fully functional by the end of next week. the obamacare disaster rolls on and we go to capitol hill with it after this. ♪ ♪ little miss, little miss, what you gonna do, can't be wrong♪ (announcer) at scottrade, our clients trade and invest

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>> ben says he's going to print for a long time to come. what happens to the price of gold? i thought it went up, but it did not. it's now down $17 at 1256. now, there are two sets of polling numbers which spell disaster for president obama. first of all, from cbs news, 31% of the people polled approve of obamacare, that's down 12 points. and secondly, 37% of the people polled approve of president obama's performance overall, an all-time low for his presidency. now, just in, reason magazine, that's a libertarian operation, they say that 58% of the people polled now say that government is not the place to-- should not be providing health care. 58% say the government should not do it. it was 28% five years ago. here is senator johnnie isaacson, republican from georgia. senator, this is all just pouring in on us right now.

i'm particularly intrigued by that reason magazine piece saying, look, 58% of the people think that government should not be providing health care. that destroys the central premise of obamacare and this presidency, doesn't it? >> it does, if you were playing baseball, 58% is a pretty good batting average. if you're in the customer service business, it's a failure. obamacare is a failure. >> where are we going with this? i think, my opinion is collapse, flat-out collapse is very, very close and therefore repeal may be just around the corner. am i going too far, senator? >> i really don't think so, stuart. i think we've seen the tangential evidence all along and now you're getting concrete evidence that the system is failing. the obama administration even yesterday considered th said thy would consider 80% of people getting insurance that's not good for the program it's beginning to collapse under its own weight.

if i were an administration, i'd call timeout and say let's start over, let's get it right. should have gotten it right the first time. >> the people who call for that and essentially stab obamacare in the back is senate democrats and house democrats, isn't it? >> it ought to be a concensus of all of us. you can play the blame game, but the american people is who we're here to represent. obamacare is it a failure for them. and stuart, in georgia, 400,000 gore georgiaens have lost their insurance and not able to get it on the obamacare website. stuart: are the complaints pouring in to you from your constituents? >> we did a deal on the floor where we read one minute e-mails that come from our constituents, real life stories about what's happened, not being able to get the insurance, the website failing or fear of losing their private information to a navigator. and we're having those examples every single day. stuart: the thing is this is

real people being affected in a real way. it's not some theoretical concept how do you feel about this, that and the other. no, these are people who have actually gotten hurt, hit by the cancellation letters. it makes the whole issue somewhat different from most of the political issues that you deal with on a daily basis. >> this is about people's health care. it's about the most important thing for them and their families. they care a lot and they've been disappointed in what's happened and see no secure future. stuart: would you be prepared to put any odds on this, on collapse and repeal? i'm saying that a 30% chance of collapse and repeal, what say you, sir? >> you know, i ran a company for many years and if i had put a program even with the best of effort and it failed i'd pull it back quickly. i think the administration will have to do the same thing. you're right it's on the road to collapse and the odds may be 30% today, but if the government does nothing to pullback and buy the time to fix it, it will be 100%. stuart: senator johnnie isaacson, republican, georgia.

. >> thank you, stuart. stuart: strong stuff, liz. >> 100% less. stuart: i didn't expect to hear a united states senator come out so strongly, it's a disaster, repeal it, it's collapsing. >> i think you're right, a rolling collapse. stuart: it's one crisis after another we reveal it daily. extraordinary stuff. and the producer just had to get his two cents in worth right there. can't sign up for obamacare? lost your current plan? the president says just shop around. and nancy pelosi's reaction to this whole train wreck, what do you think this is? whoop-de-doo she says. ♪ something wonderful is sure to come your way, when you're in love to stay♪ ♪ sunshine lollipops and rainbows and everything that's wonderful is what i feel when we're together♪ ♪ brightser than a lucky penny

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>> goldman sachs says buy priceline shares, apparently you are. they're up $35 apiece. 1153. disappointing profit and outlook from lowe's, that stock is down 3% now. all right. there are a few gems that president obama has given us when he talks about obamacare.

elizabeth macdonald staying over for this block. she found some more gems. here is one of my personal favorites. >> so if you're getting one of these letters, just shop around in the new marketplace. that's what it's for. stuart: just shop around, liz, what's wrong with that? >> the president-- he's downplaying the 15 million people affected by cancellations in the individual market and those represent 5%. he said this, too, even if it's a small percentage of people we're talking about 5% of the population. we're talking about 15 million people are seeing cancellations and even if they shop around, they can't shop on the health care website and if they do shop around, premiums are spiking and they're seeing doctors dropping, you know, the use of the coverage. stuart: oh, come on, liz, it's only 15 million people liz: yeah, the big whoop-de-doo. stuart: whoop-de-doo did you say? here is the next gem. this is from nancy pelosi. remember her fog of controversy statement. what about this one, i can't

use the tape so i've got to read this verbatim. there's a lot of whoop-de-doo and doo about what's happening. i take it she's referring to the mess called obamacare. >> yes, referring to the cancellations and people seeing their insurance dropping and doctors dropping them. after president clinton said that-- and after the president apologized saying it's on me. stuart: it's dismissive. it's whoop-de-doo. what kind of expression is that? we've got chaos in the health care system. you can't sign up. millions o people don't have it and she says whoop-de-doo. >> she says they can go in the marketplace. stuart: i thought they would use that sound bite. >> which one. stuart: you have to pass it to see what's in it. new at 10:00, here we go, the

biggest read on the housing sector coming in. existing home sales, we'll have the number sharp. and obamacare, more brow beating or a bribe? we'll have an answer. we route your order to up to 75 market centers to look for the best possible price -- maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan of fidelity investments. our one-second trade execution is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. there are signs both political bparties in washington get it: washington is lagging behind the country on this... ...this issue has been around far too long... and yet, we wait.

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stuart: attention realtors and homebuyers. moments from now the housing industry laid bare. your money at stake and you will see it happen right here. attn: president obama, less than

a third approve obamacare and overall approval a new low. plus, obamacare is in grave danger of collapse. we hear it from the insurance industry, and the guy who is saying it is here. what is wrong with mcdonald's? our retail vigilante goes inside and doesn't like what he sees. dr. keith ablow is here with us. and we will bring you the risqée kmart ad. attention kmart shoppers. we have just gotten those numbers in. 5.15 million, that is, i'm sorry, 5.12 million, that is the annual rate for existing already built homes in the united states. that is down 3% in october year-over-year.

kendra, i don't like the sound of those numbers, really don't. down year-over-year, and the selling rate is not exactly robust, is it? >> no, it is really not. you look at how real estate is performing in spite of what is going on with the economy, it is actually pretty positive news for housing. stuart: hold on, kendra. you are selling real estate, you are a real estate agent. you have to polish these numbers because your job depends on it, does it not? are you really telling me these are positive numbers despite it all? >> if you look at the last five years and what housing has done, it is a lot better. right now we do have a little bit of a stabling in the real estate market. they have met or exceeded their

pre-recessionary levels, with the numbers pretty reminiscent of what a normal housing market looks like this time of year because you do have a slowing in thsales around the holiday. that is very normal. stuart: we had the real estate crash, no question about it, down across the country on average. we have a nice, modest recovery. it seems to me kind of plateaued. we kind of plateaued. mortgage rates down in the low four and a quarter percent range, but we have plateaued. would you agree with that? >> i would absolutely agree with that. that being said, if you look at the annual year-over-year increase in home values of 12%

year-over-year, you and i both know it is regional. you are seeing 30 to 45% year-over-year increase in value. a lot of recovery happening in the areas that needed it the most. stuart: you are inside the business. up until now a lot of the buying has been done by investors, people who have got the money and rent out after they bought. are those investors still dominating the market? tell me about the market. >> i really love that you brought that up because what we are seeing are hedge funds come into areas like seattle and a few other key metropolitan areas dumping billions of dollars into the market, so part of the increases we have seen in home values have been driven by not

mom-and-pop investors but big-money investors. they have really contributed to some of the constriction in inventory we have seen but that has come into play probably 10 to 12 markets, it is not a national trend by any means. stuart: interesting news on your industry, thank you very much. we just got the existing home sales numbers, the selling rate on an annual basis is 5.12 million. not exactly spectacular. the median price is up 12.8% year over year. the selling pace is actually down 3% in october compared to the previous month. big-name, price cut not boosting sales. lauren, the stock please. lauren: it is down more than 4%,

almost 5%. commodity costs, they fell back in february you may remember. cutting on average 6%, but now the company is worried about the full-year spec itself to fall more than expected decline by 2%. so there you have it. stuart: i want to go around the table, did you know smuckers puts out folgers coffee? i didn't. ben bernanke says he will keep on printing money until the cows come home in the foreseeable future. why no huge rally? sandra, you first.

xander: his response is you are a fund manager right now and your job is to beat the s&p 500 for the year. up 26, 27% for the year, are you going to risk any more capital on the market sitting at 16,000 on the dial? that is why we are not bigger, not to mention the big round number, 16,000 in the dow. everybody is nervous at these levels given a fed driven rally and they don't know what the fed is going to do next. stuart: charles. charles:' this place better to what sandra's view of the market. ben bernanke trying to explain tapir is not the same as raising rates, 0% interest is accommodative and we will stay that way the next couple of years.

we are going to to do this tapering really soon. trying to articulate it, they are distinctly two different things. it is not working in response to main street, has not changed anybody's life, it is going down. stuart: it is not just i'm going to print, print, no, i am saving the stage for little bit less. charles: that is the way i interpreted it. everybody interpreted it the way you are interpreting it. i would say to be ready but also understand 0% historically is the most accommodative it has ever been. stuart: let's bring in our favorite, a big market bear.

dan, you are a bear. >> i just saw a study on newsletters, is the lowest level since 1987. a very good indicator. that is just one that i pointed out. stuart: you have all of these newsletters, and a record low number of them who are bearish. >> 25 years since we have had this level of bears in the newsletter. with that in mind right before 1987 crash that took place, it is even lower than the bear territory was in 2,002,007. stuart: it is all over my head, my head is spinning with this. i want a date from you now about when we see a huge selloff.

>> the way ben bernanke interpreted it, it is on the horizon. the market is making this long-term pattern we've seen before in history, it is a megaphone pattern. this is usually the final ride in this pattern where it is euphoric. we had major banks coming out and say it is going to 2500, it is going to 10,000. when you get to these levels you get the euphoria. yet nothing is really holding the market up. charles: i deal with individual investors every day, none of them are overly enthusiastic. they are so afraid. you have some rotation, but that euphoria, i don't see it. >> people don't have the money

they had before in the 2007 bubble. they are not in it that way. they are indirectly in the market and tracking the averages. they will move with the averages. the economy is not moving along. if the fed was not pumping in the money, the gdp would be negative because that is one of the calculations of the formula. .7 on their gdp. another fact, the euro dollar which is a fixed income investment to buy interest rates have popped below 25 basis points. 24 basis points for the first time in the december contract. they could come out and say we will adjust our target, we will go 0-10. you can do that. this is how fragile this economy is. said i'm keeping rates low.

stuart: we will close it with the big selloff is on the horizon. charles: hence a big selloff. stuart: a couple disastrous numbers for the president this morning. his overall approval rating drops to an all-time low for his presidency just 37%. it gets worse. obamacare dropping to a 31%. obamacare in my opinion is collapsing. today president obama will meet with insurance commissioners. at the white house. is the president going to bribe the state and offer more money? a bigger subsidy or something? you better get in line with what you want to do. which is it?

>> he is really going to need some help from congress and congress isn't ready to do that. second implement the command that give the appearance he is asking insurance companies or insurance commissioners to implement his plan just to do something to stop the bleeding in the polls. stuart: trying to make up some ground? >> very much so. taking a year to phase out these plans and now wants to phase them back in, it is incredibly difficult to do. stuart: i am sure he will be on this all day long. appreciate it. the dow is up 9 points, here is all we have got. the fallout of the obamacare, the disaster keeps rolling on.

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>> it is on a road to collapse now as may be 30% today but if the government does nothing to pull back to fix it, to be 100%. stuart: strong words from the senator in our last hour. he says yes, obamacare is headed for repeal. and we have this, new poll shows one in four of all small business owners will drop employee health benefits in 2015 when the employer mandate kicks in. even the small business administration under president george w. bush. that poll suggests they will drop coverage in 2015. why not 2014? speak of a delayed the mandate, they were not ready for small businesses.

they punted that until next year, this is what will come into effect for small business. stuart: so they get letters, millions of small businesses get letters about a year from now and it is going to say your old plan is gone because we have got have the terms of the new coverage mandated by the federal government you have got to upgrade your coverage. >> right before the midterm election next year. some say this could affect 50 50-100 million more policyholders. it is going to be an incredible situation for small business next year. that number is going to grow. it will probably grow and the next year with small business focusing in on this. stuart: this is a big deal. the current poll says 27, 28% of small business canceled, you think that will go way up there one year from now.

>> they will say your plan is canceled because it does not comply with obamacare and we will charge you twice as much the same assurance he had before. some of them will say we're going to provide insurance for my employee but cancel, it is too expensive. stuart: to describe it as under 50 full-time or scratch mark >? that is millions of small business out there. stuart: even they have more than 50 full-time employees they will get the cancellation notices. you have to conform to the higher standards of coverage. >> all the millions of employees will be on their own. they will be subject to the individual exchanges people having so much of a struggle with today. stuart: you cannot do that. >> it is already in motion. unless something major happens,

that is what is going to happen. stuart: this thing is collapsing, it is going to be revealed. >> washington is a tough place to do business now. none of them think president obama is going to relent, he will veto anything that comes to his desk. he has to try and make this work. stuart: he can't. it is not working. >> it is affecting our economy. small businesses make the decision to let people go to get under the 50 employees rule. there's a lot of headwind ahead. stuart: appreciated, sir. charles, make us some money. charles: it is actually the ebay of latin america. extraordinary, it has come down a lot because two of the last

three quarters they have missed wall street, but the business itself has been absolutely phenomenal. growth in brazil has been huge. it hit $150 per share. it is a great momentum name. stuart: we had a lady on the show who said and net penetration of black america is going through the roof and latin america uses the internet a lot had that would help a company like that. if we just say this ebay of let in america. this time he is calling out mcdonald's and he has a reason why sales are falling at the fast food operation. but first i bring you this. from neil cavuto's show, last night.

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>> president obama is kind of starting to get all the late night jokes now. >> better him than [applauding] >> are you glad? >> yes, i am. >> eight years is plenty. stuart: that was president george w. bush last night. he says eight years is 20. sales are encouraging. member charles hecht one on monday, several times in recent months. it is 9.50 now. you say once a crossed 9.35, up it goes, so it is going up further. up 9%. charles: we will hold on. i want to take this moment, it was down $0.10 and he was panicking. a lot of people are anxious about the market being driven by extremes.

extreme fear and extreme greed. on twitte twitter people asked t three stocks. these stocks have made vacant it moves, told people to take profits on this show and i told him to take profits on solar city. if you are up 58%, you don't take profits or at least to consider taking profits, the same people who are captured by extreme greed are captured by extreme fears. so the big winners can become big losers. people have to control that. stuart: these viewers are just exasperating, aren't they? charles: don't panic if it is down $0.10. stuart: i could have panicked millions of times if microsoft was down $0.10. first, sears, then walmart. kmart.

and now our retail vigilante has brought his camera to mcdonald's to find out why it is underperforming. everybody else says it is the unhealthy menu and the slow drive. but he says look at the restaurants themselves. you are back, welcome back. make your case. something about the interior of mcdonald's restaurants? >> mcdonald came out in 2011 saying all of our u.s. restaurants will be remodeled by 2015. but since the second quarter of 2012 mcdonald's u.s. sales have underperformed. with some of these remodels they're trying to be a casual chain, looks cool and interesting but if you go in, caveman seating, you don't have free electricity. stuart: run the pictures some more good it doesn't look that

bad. it is a fast food place, it is not a ritz. >> they have drive-thru's end a bottleneck. if it was that much more improved they could have a complex menu sit for more than 30 minutes and eat. let's may be in here for the longer time. but because a restaurant that that have cushioned seating, the menu font is too small. we want to go in there. stuart: i want to bring another point. 70% of mcdonald's sales in the united states are drive-thru. i didn't notice that. charles: they're going to add a second window. you think of some of the best performance stocks over the last decade, you kind of feel comfortable. whole foods makes you want to

browse and pick stuff up and shop. panera bread has a fantastic ambience. it did not work for barnes & noble, but that is a different story. stuart: sioux city ambience in mcdonald's isn't good enough. >> it isn't good enough. you have the dollar menu signs, they wrap the story model in a shrinkwrap showing hamburgers. who wants the pitch? stuart: if they work things out, i will buy their stock. would you? >> i want to see them doing things their peers are doing. stuart: i want you to look at this. a risqué kmart ad. look. ["jingle bells]

stuart: mildly suggestive. is that going to work? you have been a critic of kmart. >> this is the ultimate peak in the messy. with the new dads, they are quoting that line it is too racy. nobody is going to the store. that is where it can blow up back in their face, you go in the store and it is a horrible customer experience. that is not my thing. stuart: we thought we would raise the issue with you. >> we profiled the kmart stores, went back and they made the changes. stuart: all right. retail vigilante. thank you. after the break, a guest who says obamacare is in "grave danger of collapse, destined for

failure." his major clients are the big insurance themselves. >> don't worry, america's health care system is second only to japan. canada, sweden, great britain, all of europe. but you can thank your lucky stars we don't live in paraguay.

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stuart: put this down as a minor detail. there's not as much oil in storage as we thought, we are using a bit more than we thought so the prices has gone up $0.16. our next guest considered one of the foremost authorities on the health insurance front. a former executive of a health insurance company and also been saying the same thing i have been saying, obamacare is in grave danger of collapsing. here is robert. welcome to the program, good to have you with us, sir. i have been saying this is a rolling crisis, a rolling collapse, it is going to collapse. am i going too far? >> i think this program is in grave danger. it is not over yet but it will be very danger to pull this out.

what you will see from barack obama as soon as healthcare.gov begin to work is really the strongest political campaign he has ever waged. president obama has a bigger chore ahead of him to get this thing sold an than he did to get elected or reelected. stuart: some of your clients are the big insurers themselves. what is their problem with obamacare? not enough youngsters going to the polls? >> you don't get a sustainable pool. enough healthy people to pay for the sick people. one of the things people focusing on is you have to get a lot of young people here. you have to get a lot of healthy people. people in the 40s and 50s as well as their 20s. they don't pay a lot of him him but you need healthy people who wants to get into this. enrollment driven largely by the problematic health care website is these really are older, they are almost always sicker people.

who would try 30 or 40 times to get enrolled other than somebody who is desperate to get health insurance. we have to get past the sick people, we had to get the healthy people covered. stuart: as i understand it, there is something buried in this gigantic piece of legislation which says if the insurers are not making enough money, the government will offer subsidies to those insurers to make up for their loss because of obamacare. that is a way out the insurance company but is that within obamacare? senator rubio has been talking about this. >> there is $25 billion reinsurance fund being raised through taxes and everybody who has insurance, $64 bellybutton tax. it is going to raise $25 billion over three years. that tax was calculated based

upon getting a good cross-section of people to start with because we knew the first year or two we will be getting a lot of sick people. the problem is it looks as if we are off the potential sicker, more imbalanced will. it will not be close to enough. stuart: so where do we go from here? we're saying is edging toward collapse. that is what a lot of people are saying. what is the mechanism that pushes this thing over the edge? >> it is not going to get pushed over the edge, it is not going to blow up yesterday. the state of new jersey and state of new york screwup for better words the health-insuranchealthinsurance t didn't work. the state of new york right now you want family health insurance in manhattan, individual market may have to pay $25,000 for it. only 17,000 people in the

individual market in new york right now. they did this years ago. likely what happens with obamacare is a caps off to this album medic start, we don't have enough healthy people to offset the sick people. the rates go up higher for 2015, it becomes a bigger political problem after the 2014 elections when we probably have to revisit it. people were cynical about obamacare when it started, but the problem now is this administration has a credibility gap. it doesn't happen. keep your health insurance, doesn't happen. the biggest problem the president has his people don't believe obamacare is a good thing. stuart: thank you for joining us. >> you are welcome.

stuart: the president never admit to a policy mistake. when things go wrong it is always somebody else's fault surrounded by failure with his presidency in danger of collapsing he has become the kinking of the blame game. in the early days it was easy to blame bush, and he did. an economy failed to bounce back, a center of blame was pointed at japan's tsunami or the arab spring. then came the downgrade. not the president's fault, that was a dysfunctional congress. a weak economy and still high unemployment. they blocked the jobs plan. the government shutdown, the tea party. it goes on and on. now we have come to the gross failure of obamacare and this is what president obama said yesterday. one of the problems we have had is one side invested in failure. really?

it has nothing to do with it being the worst piece of legislation in two generations? it is the other guys won't let it succeeded. the president has been placed on their own policy. to put it lightly, the failures are his own fault. it is now apparent big government really does not work and big government is central to the president's mindset. but there are three years left and the president is unlikely to change course so the republicans and a growing number of real estate democrats have to limit the damage. repeal obamacare, cut tax rates, get the energy and returned individual responsibility and liberty. no more excuses. a confident retirement. those dreams, there's just no way we're going to let them die. ♪

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try align. it's the number one ge recommended probiotic that helps maintain digestive balance. ♪ stay in the groove with align. stuart: we got the numbers and n existing home sales this morning. 5.12 million. that is annualized selling rate. down 3% from october. october compared to september. no impact on the market. dow industrial average up a little bit, two points higher. disappointing profit and a disappointing outlook at lowe's. the stock is down 4%. bigger loss at jcpenney but sales are encouraging up 7%. yahoo increases the share

buyback by $5 billion. shares up 75%, nearly 2% down. the prophets nicely higher at john deere, the stock up 3%. priceline, goldman sachs puts it on there by list. of $38. tem, there are signs both political parties in washington get it: washington is lagging behind the country on this... ...this issue has been around far too long... and yet, we wait. reforming our immigration system would dramatically reduce our nation's debt... grow the economy by 5.4% ... and take bold steps to secure our borders. on this, both parties say they agree: democrats... we are very very strongly in favor of moving immigration reform... and republicans... we do want to make some progress in reforming our broken immigration system...

and yet, we wait... americans are tired of empty rhetoric. it is time for every leader to come through on their promise... and fix our broken immigration system tell congress: the time is now. fix america's broken immigration system. maestro of project management. baron of the build-out. you need a permit... to be this awesome. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. (aaron) purrrft. (vo) meee-ow, business pro. meee-ow. go national. go like a pro. stuart: i would like to do some quick word association with liz and charles. when i say the word "zombie"

what is the first word that comes to your mind? charles: creepy. liz: was going to say federal but that is not nice. i will take it back, scary. stuart: check out this answer contestant on family feud gave. >> name something you know about zombies. >> black. >> black. okay. [laughter] i don't know if they are white. >> the black zombie. [buzzer] stuart: let's bring in dr. keith ablow. i want to talk to you about the market. but i have to ask you this first, that lady has been called a racist. you think she is?

>> i don't know that lady, but nothing that happened on that show indicates she is a racist. she was searching her mind for something for the living dead, something associated with night, if you will, and she is now being called a racist. stuart: it is a minefield. >> that woman, if she is taking heat for not liking people of color, that is absurd. stuart: i wanted to deal with that real fast and you did, thank you, sir. and you have been working about market bubbles. we have talked a lot about a technology bubble on wall street. what is your response to that? >> i am concerned, and now other people coming forward saying they worry it is a little frothy. if you are telling a story, part of the story you are not talking

about burgeoning debt and not talking with the fact the president in the corner office is addicted to changing the fundamental values of the country. when you start to factor that in, there is a correction do. economic forces not being counted. stuart: we have a new study from harvard and university of pennsylvania showing college students who cheat are more likely to want to work in government. i am sure you have something to say about that. >> is good you know i like to say things about things in government. lot of dedicated people who work in government but we do have a problem. people who want to cheat the country of their best efforts may seek shelter from a government job because their reputation is you are not held

to account, you're not looked to to perform and outperform. until we correct that, of course these jobs would be madness for all kinds of people who take the edge off and our little corrupt. stuart: do think there is a mindset government people get into? a specific mindset you could identify? >> absolutely. if they do what is required and no more, they are assured of long-term compliance. they feel as though they are not going to be rewarded for special effort, the ceiling is set in terms of rigid steps. feeling autonomous, feeling as though they should bring all of their gifts to the workplace. stuart: one last word on government workers in the mindset. go. charles: i think it is perfect for people who are not

go-getters, people who don't mind working nine to five. once you're in there, they cannot get you out. nicole: the cheating and the government mentality is kind of intricately linked. and the absence he is him is found in this study. the corruption. stuart: there is no confrontation today. a great big lovefest and we thank you very much for taking part in it. it has already been called an epic film. you can bet it will make tons of money. can hollywood come up with any original ideas anymore? is it all sequels and remakes? we will deal with it next.

>> w who will be here to celebre you, my victors. this is all for you.

stuart: breaking news, says he will support janet yellen's nomination to chair the federal reserve. here'here is the first republico offer that overt support. and we have "catching fire" the second movie in "the hunger games" trilogy. hitting theaters this friday. huge buzz on this thing. i am told it is a surefire hit, no question about it. charles payne, can a sequel ever be better than the original? charles: i think 99% of the time no, but on twitter people said that man is better, oceans 11, i say no. girl with the dragon tattoo u.s. version versus foreign. but the longest yard. are you kidding me? absolutely not. stuart: did you know they're making a remake or a sequel to "it's a wonderful life," which is one of the greatest movies of

all time. liz: i don't think you touch it like you don't touch "gone with the wind." i will say it is interesting they're coming up with a sequel to "bad teacher." charles: that is called desperation. stuart: this is a movie you can invest in. put out by lions gate, it is up today 1%. by the way that stock has doubled in the past year. your pick on the president presg the blame game. next. ishares core etfs are low-cost funds. so you can keep more of what you earn. get started with the new ishares core builder. design a personalized plan that can help you achieve your investment goals. ishares by blackrock. call 1-8-ishares for a prospectus,

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healthy blood sugar levels. metucil. 3 amazing benefits in 1 super fiber. 3 amazing benefits sometimes they just drop in. always obvious. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. cme group: how the world advances. stuart: last hour in my take i suggested president obama doesn't take responsibility for any of his actions or policies which are failing. here is your take.

eileen says the president of the united states is supposed to be a role model and a leader. he is neither. he can tour won't accept responsibility for anything and uninformed voters and his loyalists followers accept what he says as gospel. eileen has really captured that is what most of you have to say. liz: plunge in his trustworthiness. the polls echo quote of the act last week. have of the voters they not trust worthy. stuart: 30% approval rating, 31% approval for obamacare. charles: he is driven by ideology and the day. he does not care about these polls. they could go to zero and he will detach from the public. he knows what is better for you and you will take your medicine like it or not. liz: dismissal of fifteen million insurance cancellations. stuart: we are done but connell mcshane, it is yours. stuart: connell: some obamacare news, to the president about his health

care fix, george w. bush on the late night circuit. samsung developing the skills which wipes your phone clean if it were to be stolen. they don't want. coming up tomorrow's business today, nothing says that more than robots. ♪ dagen: where have you been? stuart: hitting me with too many questions. the dow below 15,000. dagen: i have to say 50. connell: we are up by 13 points and lauren