>> thank you guys were watching. catch me every day on fox business. >> another state of the union. president obama said in his broader and a second american revolution. >> he joins us with other defenders of liberty ♪ ♪

>> oh, no. >> and now, john stossel. >> 11 or presidential candidate.

also here is the independent women's forum. john: gary, have you heard anything that impresses you? >> if somebody's going to do things with executive order and that is scary. john: that is what we want, all of them to focus on their lies and their hope. >> we had to have legislation to accomplish for all of the things and they have all of the opportunities to do things by executive orders. >> you'd think that he would want to expand executive power quietly and secretly in a clandestine sort of way.

but he is blatantly telling us that i'm going to bypass your representatives in congress and our representatives in congress and up and cheer. so that makes no sense. john: charles? >> he came to the chamber as he has before and said the whole chamber was united with was a creepy thing to say because people disagree. and it's bizarre for an executive to stand firm as elected person.

john: he he's had i made job creation happened. >> the lowest unemployment in the rebounding housing market in the manufacturing sector that is adding jobs for the first time since 1990s. more oil produced at home and deficits. cut by more than half. john: the deficits cut by half blowing out of the stimulus which was finally over and he didn't do anything. and he takes credit for everything that is good. blames republicans for everything that is bad.

>> this is the slowest recovery of all. the only reason the unemployment rate isn't higher is because people have given up. and later in his speech he acknowledges that too many americans are out of work. and it is a recovery and he mentioned oil. and the oil boom is on private land and he did everything to stop it on private land and he said i'm going to keep doing it and he took credit for it this as well. john: does he know that he is being a hypocrite?

>> he said that health insurance would not rise and my health insurance premiums tripled. and so i don't believe him. some things sound great and he doesn't keep it secret. john: the president spokesman, jay carney, says the president will bypass. >> obama plans to give congress a say in the fate of the nsa. i think congress passes a law. >> what you are seeing is look at the gallup poll. they now say that the government has too much power and big

government is not the answer. >> his reign, i should say presidency, because he keeps addressing is the subject. john: just to go more to these executive orders. >> is in fact i could solve these problems without passing laws in congress, i would be so.

>> jay carney come and the press secretary and the white house literally says that he thought that it was the role of contract >> why could he have done that when he could've gone straight to $75? [laughter] john: $10.10. not more. this precision -- i mean, there is a difference. he could pay the people under this.

>> they are paying a fair wage of at least $10.10 per hour. >> he is not violating this because he allows to set the new contract. john: they should have screamed about "the washington post" headline which allows them to participate. the congress has been beaten down over time.

do. >> these executive decisions will go away when he leaves office. >> a lot of this happens constantly. >> you still have to worry about your bottom line. john: the rich got much richer than the stock market went up. and he said upward mobility has stalled. there is no evidence for that. he continues to have mobility. 10% of the people are in the top

income bracket 30 years later. >> we need social mobility to take advantage of the freedom to manifest destiny and improve ourselves. we should be a aware of the end of social mobility like with obamacare. we have seen a number of those who have hours to be decreased or part-time jobs.

>> especially with how this is working out, it looks to be just a disaster. john: when you talk about student loans, 10% of income go to repaying student loans and that means that students won't go to work. john: you must've heard one thing in life and also the most repulsive freedom killing thing. we want to hear from you. please send me a tweet at fbn stossel. let us know what you think.

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john: gary johnson, hadley heath, and charles cook of national review are with us. and so, charles, you first. >> i think there is a soldier in the audience. lying facedown with shrapnel in her brain, we should make a virtue of what they have done. >> i agree wwth charles. and i like the wind that if you are a citizen who makes the state of our human strong, i agree with that. i don't believe the president's actions or policies reflect that philosophy. i agree with it. >> paraphrasing, we have hundreds of millions of enemies. if not for our military

intervention. [applause] john: what did you hate the most? >> what i hated is that he implied that he was taking government credit for our most technological innovations. and that he was taking credit for past technological innovations and the government is going to lead when it comes to technical innovation, which is just baloney. [applause] >> i hated to see the president pay women is a victim class. >> he ruled out the statistic in this always reliable thing. >> women make up half of our workforce. but they still make and 7 cents for every dollar that a man makes and that is wrong. and in 2014 it is an embarrassment and women deserve equal pay for equal work.

[applause] >> plant you ticked off? you're getting ripped off. >> i would be ticked off if i %-but this 77 cents statistic, anyone who wants to seriously have a discussion about gender wage disparity doesn't use that number anymore. %-because of educational choices with different experiences on the job, different choices and circumstances. women behave differently than men. >> the size of government, and then they said that we should do what i want anyway. which is a typical obama trick and it is funny. but at the same time it is not.

and they sort of push their concerns under the carpet. >> this pre-k promise appeals to people. it is a head start. it is pre-k. >> it is a oxymoron. what he is talking about for more money into just talking about abolishing this. >> you think that this is a bad thing? >> besides the criticism of the cost are detrimental to families who want diverse educational options. when we have a prepaid government run preschool, that undermines government

regulations and competitions do not serve to meet that end. >> one of my objections is that i didn't think it had anything to do the federal with the federal government at all. this is an issue for families and municipalities in the fact that the president would make it, somehow 4-year-olds would be educated as part of this. >> you compare him to king james the second. >> yes, i think that there has been a 500 year fight in my country is what the government should do.

john: thank you so much. after the break, we will learn more about the presidents cronies. the. >> oh, no, i'm underwater and i need a bailout. he won later, my state of the union address. [applause] as a business owner, i'm constantly putting out fires.

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♪ ♪ john: the president is talking

about public investment. stuck by how many big plans involved. he said my administration has made more loans to small business owners. also we partnered with businesses. in other words, the bureaucrats are often cronies of the powerful. to give money to people who gave them money and his cronies. so now there is a popular new video that is not this coming hypocrisy. >> oh, no, i'm underwater and i need a bailout. [laughter] ♪ ♪ ♪ ♪ john: they are connected and

that was produced by john cipolla. so what does this have to do with the president and his policies? >> that it has to do with every president in all of the policies and waterways. and to figure out how to grab hold of it and partner. >> this video is burning of the internet and you have these action figures to try to illustrate some of the cronyism. this is banker the profits. >> is powerful and can make use of the federal reserve's at any time. very important special power. his connections to the vet or the treasury. john: this is captain korn? >> i love him because not only can he turn scarce viewed in turn food into fuel that starve children in the third world in the process. a very special process.

john: the ethanol subsidy. both parties supported. >> nobody thinks it's a good idea except for the federal government. john: this is big government. democrats crack. do you think the due dude was as part of this? in i guess, i think that pepsi and coke are hard to tell the difference. john: republicans and democrats are both big government problem solvers. >> i can't find much of a difference whether it's bush giving his cronies a special treat order president obama doing it. john: tonight we heard about some of the superpowers are the politicians and bureaucrats have. >> i think that captain korn is especially good at this. we all have his product in our gas tanks.

we would not if it weren't for the g4's. and i think that we have a lot -- we have a lot more big bang and a lot fewer bigger banks and that is thanks to the power of this in part. john: boondoggle? >> the president mentioned the striker. making his investments in the kind of weaponry that can fight aliens because there is no military on earth that can even approach 20-year-old american technologies. steal unless you think that silliness is just telling us. >> that happen to be under mary landrieu, who is up for reelection this year.

john: one other example is the oversight and government reform is a former assistant to the president who has a financial stake who has $169 million from the energy department. from the disclosure forms he said that she'd invested her interest. and it turned out to have been transferred to her 10-year-old son. >> especially on the show we talk about freedom alive and it is important. it is a founding visible. but equality under the law is equally important and we care about inequality of income. but what about the and equality under the law. [applause] what about the fact that some people are treated more equally than others and some have access to the power and others don't. and that is really at the heart and a lot of politics. which is why the government can constrain corporations. when history has proven that has never been the case. john: thank you.

you are doing a kick starter campaign. people want them you will sell these action figures? >> yes, that's right. we promised the nsa won't get your e-mail address. [laughter] >> are you a libertarian? >> like to call myself a classical liberal. john: i'm a libertarian, a libertarian show. when we return, a debate about the president's plan from the liberal and conservative wings. of classic liberalism. commended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving theain quickly. try fast, long lasting gaviscon®. open to innovation. open to ambition.

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♪ ♪ ♪

john: republicans and democrats will squabble on other channels. what i care about is a pretty. and the dignity of the individuals. libertarians obsess about that thaddeus russell is the author of renegade history in the united states. legally murdoch leans more to the right. you both listen to the president's speech and you have differences about what he said regarding and you have differences about what he said regarding immigration and the nsa and obamacare. >> we have no disagreements, i hope, on that. it's a lot written by corporations. people on the left don't like corporations. libertarians don't like government telling us what to do. so it seems like a win-win. so there is no question that it should be opposed by people on the left. it forces individuals to buy corporate products and they should be absolutely opposed to it if they are elected.

john: you say that medicaid is great. >> i don't say it's great. i will take it in the absence of other alternative in the moment. and i think that the net often becomes a trap. >> i believe in a safety net as well. this includes 50 million people who are hard-core on the troubles. and instead we are taking entire medical systems upside down for 350 million people at a cost of $2.6 trillion, which is triple what the original price tag was. we are seeing it all apart from an administrative basis and now there is a bailout bill at the insurance companies if they go into a death spiral and start losing money. so this thing is melting down probably worsen more quickly than i think critics of obamacare like myself expected.

>> we have had these bailouts and now there is a health insurance bailout and marco rubio has introduced legislation to try to stop this legislation to take that away so that insurance companies are not going to find a taxpayer bailout after helping to push this. john: when republicans say i see someone who is losing insurance and entrance is going broke, you think that they will work inside? >> that is going to be a tough thing to sell. but i think that the american people, the current number is 59% are opposed to obamacare support is going down. opposition is going up. i think people in repeal of a merger. john: baddies come easy it should be dismantled?

>> the evidence shows that it's non. >> not just one or two or three, but hundreds of thousands. and it is actively working against this. >> and that cause them to hate us and attack them on our own. >> okay, we will call that one immigration. that he is, you are for open

borders? >> i am. they would be walking to connecticut from here. >> that make us all richer? there are people that come and work hard. >> what about that? >> him and shake my hand and i invite you into the house.

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♪ ♪ ♪ john: to take your questions or criticisms. gary johnson and thaddeus russell. from facebook, how can congress bypass the constitution? >> i think they are a couple things they can do. one is litigate and they can take it to court and point out that this is a country made up of three distinct branches of government and the courts will sometimes back that up. and use the bully pulpit and speak up in front of the citizenry. and go out and make that case before the american public.

>> isn't it just another government handout? and how they plan on paying for it? john: this was a totally new idea. >> it was guaranteed also. i'm curious to see the details of equity and i does have a sense that this is all a prelude to the monetary collapse at we will experience as we print as much money as we do. >> the president's address tonight contain not one word about entitlement reform. i'd like to know how we expect our country's currency and the economy as a whole to sy and the economy as a whole to succeed when entitlement reforms are what a responsible the highest level since world war ii. >> and triilions of dollars of promises with our biggest problem.

that is a good point. >> i would like to see a cut in the military entitlement for. >> it wouldn't make a big enough difference in that we have seen it all up about 63%. and obamacare being the biggest universal pre-k. i'm going deeper into debt. and then if you look about a speech about obamacare, you're looking at how moms and children can talk to each other. john: hopefully will never happen. >> okay.

>> no libertarian got in office. it didn't happen during the last cycle. but take a look at the issues that libertarians have been pressing. marijuana legalization happened in colorado and washington. virginia quality sweeping the nation. these are the issues we have been talking about and take that as an example. and so is congress and then comes 80% of americans saying no way. >> like ted cruz and rand paul and marco rubio. they are smaller libertarians and i think the more this collapse is, it will be easier for people like that. >> and they should always be opponents of power and they should never be the palate. [applause] >> why should i pay for health insurance if i don't want it and

what else can we be forced to pay for? >> i think that the reality is that why should you have to pay for it in my health insurance premiums tripled. >> sheeted sick, why should everyone ask pay for her sickness? >> absolutely. everybody came to the system and you're all going to be this financial not as. and then paying the penalty and pay the actual insurance premium.

and the one thing that drives up the price of health insurance is when groups -- every plan has to have in vitro fertilization. at some point the people said everyone has to pay more. the. john: thaddeus, gary, what the president should have said. my state of the union. mine is much better than has. [applause] ♪ [laughter]

>> now for the state of the union by john stossel. john: i cannot imagine what i was thinking when i pushed obamacare. i now see it is folly to trust government who routinely loses track of greater power over health care. something as simple as a website is too much for government to get right, who knows what the government will do with complicated plans. my plan destroyed an alternative like catastrophic coverage. in exactly the insurance that many people need. and i see my fellow democrats. jim moran of virginia nearby. i take to heart his comments now

that he is retiring from congress about how my obamacare is economically doomed. sick old people are taking money out and i can lay that i now plan to give billions of dollars to those insurance companies. so what was i thinking? but now that i have had time to think but now that i have had time to think about it in two read about it, i conceded it would be better to than most government involvement in health care. [applause] [cheers] [applause] john: let people shop around and in the free market will serve them better. it always works better than government. and everything else, why would health care be different? but see if i can provide other items in my agenda. minimum wage laws, for example. popular with people from both

parties and a lock not make an employee the company values that magically become more tense. minimum wage increases unemployment by eliminating entry-level jobs and that's why no one punster gas at a gas station anymore or works as an apprentice in a construction tide. and minimum wage doesn't do the poor any favors. i'm sorry for what i said before. let's repeal it. [applause] and let's take a cue from our friends in australia and create a holiday to repeal some of the thousands of rules that are well intended or not are a big reason our economy has not grown. many are afraid to try things and we should have a repeal day every week.

[applause] and let's get the feds out of the business. so why would we think that we should do more in my education department funded headstart studies and we were astounded to learn that they had no effect. insanity something that her research shows doesn't work. education should be left to local governments. [applause] and immigration. given that i have deported more than in the previous president dead. if we don't want people breaking immigration laws the best thing to do is simplify the %if we dog immigration laws the best thing to do is simplify the law. conservatives worry that people will come here to talk the welfare state or commit crimes. so how about letting people in

with civil procedures. and saying that immigrants are not eligible for welfare. [applause] >> finally, drug laws. i use marijuana and cocaine i got elected president, so i say adults should have the right to decide what to put in their own bodies. if people struggle with addiction and i have struggled, putting them in prison is not a smart way and i have been a hypocrite for locking people up for doing what i have done. so let's legalize drugs and and the futile and violent drug war. [applause] john: you own your own body and mind. as is more respected back,

arguing it would be stronger the president might have said that i can dream. maybe someday we will elect a president who will. that is her show until next week. good night. [applause] lou: it was a good day on wall street and a good day in washington as well if you are a fan of political rhetoric and awkward pridential tickets. president obama said more government programs are the answer to job creation. and house speaker john boehner said the republican party is no longer simply the opposition party. former arkansas governor and huckabee host mike huckabee jos us in just moments. he will have his thoughts and reactions to all of that. and tonight, the economy close up with one of i best a decade. wall street celebrating with a triple digit rally today. "lou dobbs tonight" star rig