seven fishes for a feast. make it a great day, everybody. see you torrow. it seems like it's the gift that keeps on -- taking. with morecancellations piling up the whe house rolling out yet another obamacare fix. this one lets more people with canceed policies sign up for a bare bones catastrophic plan. with a majority of people saying to repeathe law wouldhat be the best gift for america right now? hi, this is "bulls & bears." let's get to it. here they are this week. gary b. smith, tracy burns, jonas ferris, john layfield and sasha ur. welme to everybody. john. more than 20 fixes so far. is it time to cut the losses and repeal obamacare? >> yeah. thas what anybody would do in

business. that's the problem. none of the guys have been in business. we have one of the most unfriendly administrations to business in our history. they continue to overpromise and under deliver on everything fr youan keep your doctor, you n keep your pla we'll have fewer people on january 1 of 2014 covered by insurance than were covered on 2013. president oma ss millio have enrolled. a million have enrolled actually. if y counthat the expanded medicaid they are tryin to pass onto the states which they can't afford there is a reason 35 of 50 states have opted out of the exchanges they can't afford it. it's time to c our sses and do something about health care instead o mandate that the majority of americans do not want. >> john is clear on this. is it worth keeping, sasha? it's almost gutted alread >> it's not gutted. there are a lot of provisions

there workg for a great majority of the american people. the re-ality is if we had ap functioning government maybe delaying the individual mandte for a year might make sense. unfounately when you have the litical climate we do you don't have congress and the administration working together to make technical correctns bills that change things that don't work. it is going to be a huge success. i like your eyebro raising up there. >> mm-hmm. >> it will improve amerans and the health care system. it ll reduce costs. doesn't look like it n but it will hapn. >> how wld repling it help or hurt the economy? >> unfortunately we need to get back to square one with this. you hate the thoegs of repealing thi it cost ch ut we ar trying to put a square pegn a round hole. it's not rking. we are not going to be able to pay for this. le the thing with the my length yells carrying the weight will backfire if it hasn't started

already. people aren't benefitting from it whenhey don't have health care. to wait this out for five, ten years before we start to see benefs, you will crple the country in the process. >> gary, if we just cut our losses, get rid of it, what do youhink that would do to the economy, to the heal insurance system? >> i think it would be -- we would see another rise in the stock market at least like we saw in th internet days. it would be a joyus occaon. it would be the fed continuing to taper every single day sasha made a good point but i think she got it slightly wrong. she sd if we had a functioni government. first of all, we have a functioning government. this has been pretty much totally in the side of the democrats. secondf l it doesn't matter p if it's democrats or reblicans. a functioning government, even the greatest government in the world, doesn't do central planning ththat well. they do it but that doesn't address what it needs. it's a free market.

this was originally supposed to solve getting more people health insurance. we are not going t achieve the goal. it was built on the platform of having the young sulement this with premiums for the old. i thought this washe law of the land. not to mntion the constitutionality of it. look, people are totally confused. i had my policy cancel. can i renew? do i get another one? i look at this stuff every day. i have no idea and most of the country hasno idea. >> sasha has been idea. >> think if you went back to square one, what is square one? republicans have gone through repeal and replace for so long. they didn't come up wit anything until the last minute of what is it. they won't expand mediid in their states.

they don't care aboutoveri people. they care about saying, see, i told you so. it doesn't work. until they are ready to ome along for the ride,ticking with obamacarwill be the best solution. >> actuallyepublicans did have plans. tort reform was a huge part of it. >> republican mitt romney had a good health care plan for the state of massachusetts. it works well. it's similar but there are subtle differences that need to be fixed at the margins. the individual mandate is the smartest thing about the plan. don't know why that's being pushed off. we talked about what companieses would do if tey made this mistake. i saw something and they aunched new coke in the 0s. it was a bomb. old coke was better so they pulled it and they lost the money classic coke was better than new coke. is the old health h care system better than this? i don't thk so. there were a lot of problems th haven't been resolved. if we go back to it at great cost they would not goaway.

pre-existinggconditions. people using an emergency room as their personal place not to pay bills for doors. if we are not going to fix those things weshldn't go back. does th mean this is great and we have to wait fo the website the to work? it will need tweaks. the government s too much of a role in the website but the actual mandate is not a bad idea. >> jonas is talkingbout beverages -- coke. let's talk about hot cocoa instead. the obama ainistration basally says millennials ---- there th are -- should get in their jam mies, have cocoa and talk aboutealth insurance. is that what you expect a college student to come home to and do? >> if my college student came home li that he would be thrown out in those footy pajamas. he looks like ralphy from "a christmas story." who would come up with th

other than a nanny state who says, come home, we'll take care f you cradle to grave. sasha thinks the republicans are all trouble. i think 100% including e demrats are all terrible. we have no functnally in washingn, d.c. ame george bush for goodness sake. you need one republican vote to help pass this. othemocrats are blaming the republicans f something they passed in one of of the partisan manners in history. this is insane. we need to cut our losses on this, figure out what to do and come up with a plan. sasha is right. the are no other plans out there. we know this isn't working. >> sasha, relatin to the millennials, getting th the ounger peoe to sign up is critical to the health insurance plan. is this the way to bring them in -- this kind of ad? the ltle onesie? >> we're talking about it. so that's the goal of advertising, right? we mht say it's silly,tupid

and anything else, but it is on air. i never heard about pa squa ma boy until i saw it on the news. that's at the end of the t day what they are looking for. >> bringing that to light just insults them more and makesem ant to find a different option. there are organizations now of milleials telling them, you know what, don't pay for this. it is too expensive. it's a $6,000 catastrophic minimum you have to spend before you get coverage. there are groups helping e kids find oer options because the obamacare thing is really expensiv they don't want to carry the burden of older folkses. >> that's got to be the last word. thanks, ys. the irs just got caught paying ax deadbeats big money. they are going to eorce the health care law? that's at the bottom of the

hour. up here first -- happy holidays. you may he been hacked. how the massive credit card secuty brea at target may give holiday sales this is the quicksilver cash back card from catal one. it's not e "fbling around with rotating categories" card. it's not the etting blindsided by limits" cd. it's the no-game-playing, no-earning-limit-having, deep-bomb-throwing, give-me-the-ball-and-i'll-take- it-to-the-house, cash back card. this is the quicksilver cash card from capital one. unlimited 1.5% cash back on every purchase, everywhere, every single day. so let me ask yo.. at's in your wallet? where does t united states get most of its energy?

is it africa? the middle east? canada? or the u.s.? the answer is... the.s. ♪ most of america's energy comes fr right here at home. take the energy quiz. energy lives here. see who does good work and compare costs. it doesn't usually work that way with health care. but with unitedhealthcare, i get information on quality ted doctors, treatment options and estimates for how much i'lpay. that helps me, and my guys, make better decisions. i don't like guesses with my business, and definitely not with our health. innovations that work for you. that's health in numbers. unitedhealthcare. pop in the drum of any machine... ♪

...to wash any size load. it dissoes in any temperature, even co. tideod pop in. stand out.

if you shop t at target, you could be the tget. america's third largest retailer saying 40 million credit card accounts were compromised in one of the largest data breaches ever. get this. it been happening since right before black friday.

tracy, yousay it could be a black eye for holiday sale everywhere. >> 40 million people. ou have the attorneys generals of big states coming down and ying to figure out what happened. look, a lot of people are using credit cards because not 2000 people horded cash for the christmas season. th were going to charge their way through it. this is another blackeye for retailers between theeather in the rtheast last weekend we have had shootings in the malls in the arlately. why would anyone go out and shop? if you're not ordering online, a lot of pele will think twice about tting out there. >>he stores have been begging people to come into the stores, into their doors. doou think this will have a bad impact on what islready a tepid retail season? >> i think this will have zero pact, to be honest with you. i think the shoppers go out and shop regardless. this is a country where 25% of the people out there don't even have ati-viruson the laptops. they use e same darn password

for every application and website they get into. that is probably their birthday or their dog's name or something. people talk a god game. oh, my gosh, i'm concerned, i hope somebody sues. after that they get in the car and driveto target to buy christmas gifts. this will have zro impact. maybe target will claim it has an impact if their sales and revenues don't meet expectatis. i don't think it will ma a difference. >> are you going to shopt target? it's the third largest retailer in the nation. 's got to have impact on that. that has to trickle down tohe economy. >> it's bad for targ, absolutely. if you were a competir y couldn't have planned it better with the big shopping days before christmas left. i don't think it affects anybody else. i'm curious. do you mean i shouldn't use my birthday as my p.i.n. or my dog's name? >> you could have been surprising me, too.

it does hurt credit card companieses a es and banks thate credit cards. some ofhe pple who stole credit card information will be spending. >> the problem is the target i.t. guy used his dog's name as the pass word. that's how the leak happened. i woulddisagree. i think it is a slight boost for the economy. ion't like saying this is good for the economy but what happens when your car dies? when took my card they went on a spending spree at best buy. the hackers willuy stuff. does the consumer foot the bill? no. that's why they use the pass word of their dog. visa, mastercard, the banks g hosed on this and haveo reimburse all the bad charges bu the money is being spent and into the gdp and holiday sales. >> i have to give you a chance at this, john.

>> i used jonas's dog for my pass word. >> ramon! uh-oh. >> i love you. tht's the craziest thing i have heard. i feel sorry for target. this is the second biggest security breach in histor 47% of security fraud happens in the united states. it's because we haven't gone to a chip card-type system. i'm with gary. i don't think this affects the chistmas season. we are basically flat from last year despite projections that we'll be 10% lower sales are down but i think we are just seeing a slow christmas season. >> i'm sorr am i a conspiracy theorist? tcould be out there hitting your visa card now. we have to get on it. this could happen to the next 40 million people shopping at, who knows,walmart. because lmart is dog the happy dance picking up target's slack. this ian issue, a bigger issue.

people will be concerned about >> gary? >> i understand what tracy is saying. right after we are de taping i'm gog to target to buy a nice gt. >>here we go with the excuses. john did make a good point abt companies using this as an excuse for the profit main. >> also an excuseor their ow bad i.t. spendg. maybe they can bookhigher profits and have the data thefts because they weren't prioritizing that. athe end of the day, they weren't doing it ght. it's defitely there are companies that do it better. they are trying to hike hack all the companies. they don't losell their credit companies. every jor retailer, supermarkets. some people are doing it better than targ. th's where the mistakes were made. >> that's the last word. you want kids to eat fruitits a

vegetables at school -- pay them o do it. a new lunch plan that has our gang practically foaming at the mouth. hi honey, did you get e toaster cozy? yep. got all the cozies. [ grandma ] with n fedex one rate, i could ll a box and ship it r one flat rate. so i kn untilt was full you'd be crazy not to. is tt nana? [ male announcer ] fedex one rate. simple, flat rate shipping with the reliabilitof fedex. mm. -hmm. [ enne revs ] ♪ [ale announcer ] oh what fun it is to ride. get the mercedes-bz your wish list

at the winter event going ow -- but hurry, the offers end december 31st. [ sant] hoho, ho! [ male announcer ] lease the 2014 glk350 f $419 a month at your local mercedes-benz dealer. dave's always wanted to do when he reres -- keep working, but for himself. so as his financial advisor, i took a look at everything he has. the 401(k). insurance pies. even money he's invested elsewhere. we're building a retirement plan to help him launch a second career. dave's flight school. go dave. when people talk, great things can happen. so start a conversation with an advisor who's fully invested in you. wells fargo advisors. together we'll go far. then you'll know how uncomfortable itit c be. [ crickets chirping ] but did you know that the lack of saliva can also lead to tooth decay and bad breath? [ exhales deeply ] [ male announcer ] well tre is biotene. speclly formulatedith moisturizers and lubricants, biotene can provide soothing relief

and it helps keep your mouth healthy, too. [ appuse ] biotene -- for people whouffer from dry mouth.

>>the govnment spending milln s of taxpayer dollars each year to put healthy food in schools but the kids ain't biting. there is a new plan that will pay them to eat their fruits and vegetabl. good idea?

>>it's a great idea. i put together a list of all the other things the government should pay kids to do. they should be paid to cross only at intersections. they should b paid not to be a bully. they should be paid to respect teachers, get up on time, feed their pets, be kind o strangers. the list goes on and on the things we should pay kids for. that's what it boils downto. the parent is totally out of the picture. the ks should be paid to do go things. this is insane. >> tracy, do you pay your kids? >> bribery gets y everywhere! gary, come on. i will bribe my kids to do anything. it's not forever. it's a little starting point. loo the government made this mess. you either dump theood in the garbage or come upith a way to fix it. let's pay the kids a little nickel here and there. maybe we put it to a good cause. maybe theydonate it to a new basketball court or soething. there could be a light at the

end of the tunnel. kids like rewds. there is a reason teachers put stickers on every test you do well. there is a reason my daughter is sent to the prize box. they like that stuff. pay th. >> john, aren't there better ways to get theame resul >> yes. i'm sorry. i completely disagree with tracy. we have a massive problem with obesity and diabetes. we have a problem with school food. it's just inedible but it is a matter of cost. i run a children's ogram here. it is costly to give them healthy food. to pay tm too the right thing? i'm with gary b. tell the fat kid to get o the sofa and stop playing video games and go out and do methin we don't have phys ed in schools. we need that instead of tying to force them to eat something they don't want. >> sasha, what do you think? >> i'm all about bribery. also in the sense of, no, i

don't want to hand a kid cash. gi them stickers, ex-the tra recess, lead the class to the lunch line. let the money go to building something. i don't want to hand them mon. >> i will s it will take cash, no stickers. if you give them a big enough allowancthey won't leave. i knowids still collecting allowances. i will say we are already on the hook for health care costs. the government picks up the health care tab at . if a third of the country smoked in bed, myfire insurae costs would be higher. everybody caagree with that we have to cut costs. it's half a trillion a year just to companies and productivity and insurance costsbeuse of althy behavior. if we can spend the money, i know it's bloombergesque and bribe people to be healthy, it

may cost less. maybe it makes sense. >> gary b, my daughter asked i captain crunch is a vgie and if that counts. >> let's extend the argument. it costs a t t keepll the people we do ifederal penitentiaries and stuff. are we going to p youot to do crimes? >> we should. >> y need to live in a different country than i live in. >> it's not i rpetuity. theovernment has already screwed up. >> i love it. that's the last word. heares ve much to say. thank you to scha for joining us. >> thankou. talk about a "duck dynasty" dilemma. will the controversy cook their golden goose or send the ratings through the roof? >> if it loo cool enough ---

mine was earned orbiting the moon in 1971. afghanistan in 2009. othe u.s.s. saratoga in 1982. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation because it offers a superior level of protection and because usaa's commitment to serve current and former military members d the famils is thout equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. you can separate runwayridi. (voseeker of the sublime.ro. fromason that flies off the shelves. and you...rent from tional. because only national lets y choose a car in the aisle... and go.

you can even take a full-size or above,nd still pay the (natalie) ooooh, i like your mid-sstyle.ice. (vo) so do we,usinespro. so do we. go national. go like a pro.

prediction tra, you're up. >> say what you want about the "duck dynasty" controversy, ratings will go through the roof. suppters will tune in and people who don't are talking about whether l tune in to figure it out. >> john? >> cst is up 25% in a year. >> gary, what do you think? your prediction. >> brenda, let the ki eat hlthier lunches. they wl have more snackfood when they get home. pep up 25%. >> i love it.

jonas, what's your prediction? >> definitive research this week that 20 years of vitans i have been taking wre probably bad for me. s this is good for the merchants of fruit. fresh dell mont up 20% in the year. >> that'it. another irs mess putting a health care law in a bigger mess. hello. the agency in charge of collecting taxes is paying companies behind on their taxes. a n report says the irs is doing business with nearly 1200 companies owing more than half a billi bucks. most without alan to pay it back. this is the crew enforcing the health care law? >> it's beyond a shocking embarrassment. it shows that the irs c't do its primary basic function before you add on all of the additional responsibilities of policing obamacare,