kyle, was that you? ralph nader is here tomorrow, i am going to end it there you better be nicer tom

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i netted like 86-something and change. i've been yelling and screaming in the streets for communism, writing for communism. i get a job in a big capitalist corporation and find out that the have kick communism already. and not rockefeller. john: that changed you. >> prejudiced towards our parents would shock 21st century sensibility. >> there was the height of baby boom adolescence where we so detested everything about the square world, the straight world, everything our parents did, said, the things that they work. we did not to test them personally. personally we thought they were pathetic. it was their world, we just absolutely hated. if it were to say that above a

certain race, ethnicity, the kind of things that we said about our parents in the 60's we would be marched of the room. john: i don't hear kids today vilifying their parents the way that we did. i know better. >> the parents are us. you could vilify us. we are so sweet and understanding when they come to us and say, dad, you know, there are drugs in school. yeah. how much they going for. john: would never get things we did we are now the problem for america. earlier this big generation. a very tiring. the expects to collect medicare, social security. >> i don't know of what you, but i'm already on medicare. john: we're living longer than. >> of these systems were predicated on the idea that everybody died at 67. john: and we are living the 78 on average. >> and 130 that is really going

to use up all the money for the kids. [laughter] john: and we want all of a good, expensive stuff. we will vote against politicians who say we are going to try to make it workout, which means some cuts. >> we are behaving like normal human beings always have. selfishly. people are selfish. we did not -- at least this is not our fault in this is that we did not set up these two systems that going to break the back of the economy. social security and medicare. john: you will give your social security back? >> oh, sure. sure i am. nobody is going to do that. is sad because it will take a major crisis. the going to have to it -- we will have to turn into greece before this stuff is fixed. john: thank you. coming up, an amazing development, this will win has

been reincarnated in the body of bill o'reilly. here to explain why america must stop kids from doing it dangerous things like sexting and smoking weed. what? ♪ [ male announcer ] whether it takes 200,000 parts, ♪ 800,000 hours of supercomputing time, 3 million lines of code, 40,000 sets of eyes, or a million sleepless nights. whether it's building the world's most advanced satellite, the space station, or the next leap in unmanned systems.

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john: ladies and gentlemen, a remarkable thing has happened. this woman new data hundred years ago as come back to life. she helped bring america alcohol prohibition. she called drinkers whiskey whiskey-swill to rummies to marching into bars with their hatchets and destroyed booze, sometimes the bar to. people fear.

she was big, 6 feet tall, 180 pounds. now her obituary says she died years ago, but i say that she lives on in the body of another large intimidating person. urease. bill o'reilly. i say this to you in your studio because you say things like this . >> is america going to pot? john: facebook, tweeting. you're going to be a terrible citizen. john: pot, video games, text in make us -- make for a terrible citizens? >> it takes you away from reality, does it not? john: sure. >> never want to make you do it beyond recreational -- recreational. i don't like pot, i don't think it is good for you. if that is what is on your mind all the time, as with many urchins, they become addicted to

it, that will hurt you. you. john: you are on this crusade. >> when i was three years old. john: an epidemic that will lead to a weaker america. >> absolutely. if you are devoting your life to the internet as so many and people are you are not learning about the world, you're not learning personal injury actions. you're a tweeting in testing your life away. more importantly it is not a challenge. sunday we will be up against the chinese. the american sits year, chinese year. the chinese will kick the american buts. john: but they learn. have you ever watched a low? on earphones, talking to kids in other countries. >> i understand there is an educational value.

the internet stuff is addicting. it is addicting to children. then you become a person who does not live in the real world and does not have any challenges the rate -- de you believe how hard it is to get them out of the house? you don't have to practice. all you have to do is this. and they are getting soft and stupid. because you solve problems by doing things out of your environment. that is how you solve problems. john: in terms of people test -- testing, is this better? this is what people did. >> they are reading about the world. so. >> i am wearing orange socks.

aren't they cool? john: not all. >> not talking about the story next key. a few. talking about what they had for dinner and what the best tacos are. john: any chance that you are a grouchy old man. >> i was a grungy old man -- was a grouchy teenager, and reggie young adults, and alabama grouchy -- i would not say hamel your old. i'm not old. i like what they create. facebook is a wonderful thing. if you can control it. john: you're going beyond that. cyberspace addiction, an epidemic is leading to a weaker america. >> true. no doubt in my mind.

john: socrates, old people have always complained about young people of people -- >> old people are smarter than young people. socrates said that and right after that he drank hemlock and died. so depressed that he killed himself. john: in this case the young people may be smarter than me, and we will find out. >> smarter than you, but not me. john: thank you, bill o'reilly. always relieved when i escape his studio alive. always complained about the behavior of the hon. now people complain about maile cyrus. am i just another bill o'reilly curmudgeon because i think it is wrong for a teen idol to do this ? what about this guy.

he was once criticized for being vulgar, too. ♪ so was she. ♪ that discussion will come up later. next, are you younger people lazy, entitled losers? i am told that you are. we will debate that. >> i don't think i am and entitle the slacker honestly. ♪ f spray paint ♪ we asked people a question, how much money do you think you'll need when you retire? $500,000. maybe half-million. say a million dollars. [ dan ] thewe gave each person a ribbon to show how ma years that aunt might last. ♪ i was trying to like pull it a littlfurther. [ woman ] got me to 70 years old. i'm going to have trethink his thing. [ man ] i looked around t everybody else and i was like, "are you kidding me?" [ dan ] it's just human nature to focus on the here and now.

so it's hard to imagine h much we'll need for a retirement that could last 30 years or more. so maybe we need to approach thingdifferently, if we want to be ready for a longer retirement. ♪ ♪

john: we should cut them some slack. when we were growing up. different generations to have their quirks. when bill o'reilly complains about entitled young people who cannot communicate lots of older people agree with him. >> the best man on tv, and he is right about everything he says.

john: is the younger generation not as good as we work? >> no, we are not. too many video games. john: and the mullen meals. >> they are just a little bit more. but up so you, they don't work. john: okay. if they don't work that attitude is the reason why charlotte a use wrote when did white trash becomes the new normal. but cut us some slack. he researches millennial for a living. >> 80 million of us transforming the work force and the marketplace. john: now the largest group. it was baby boomers. >> now you just complain about us.

john: new york post says you are the worst generation. battle trophy kids. >> at the end of the day of these people gripping. entitlement is a learned behavior. you are not born entitled. john: we taught it to you? >> absolutely. 100 percent. john: charlotte. >> he has a point. we taught it to them. i think -- and i think -- john: to fed self-esteem to you? >> their parents. they're not allowed to fail. and never had to sink or swim. we taught it to the. john: i was surprised that other young people said compared to other generations we are slackers. >> yen people expect everything to be handed to them. i am one of them. and don't know. when you feel like your grandparents.

>> my parents' generation is just more hardworking in general john: we are more hard working. the biggest issue is when stuff are not working out for us. there is a term for a living at home with your parents. failure to launch. >> a lot of this generation is suffering. john: look at the data. >> failure to parent. john: 36%. >> either live with their parents. john: not that different. it used to be 32%. >> going out on your own is how you become an adult. if you have too many people living at home and welcoming their kids at home we are in trouble as a society. we have never had a large group of people who fail to grow up. maybe a generation that has been accused of that. john: these kids have created facebook, youtube, fire fox, groupon. >> they have created great

things. unfortunately not everybody -- [laughter] >> internet jobs. restaurants, construction companies. we do a lot more. >> the department of labor did a study after tracking people for ten years. and they found two years ago that the 26-year-old in that study, 14 percent of them or not doing work for pay. that is bad news. not going to school. it was great for the people who invented facebook, but that is not the whole generation. >> the labor and the work force participation right now from the 25-34 demographic is pretty good historically is that fantastic? no. a lot of employers are saying, i don't want to take a flier. i will let someone else. five we are seeing is constantly

. for our generation has extremely valuable skills. john: how about that. how are they different? >> i communicate differently. i got to see how you does communicated earlier. you could make a phone call and leave a voicemail and freed me out uc communication. john: the employers are supposed to save these people are weird, but maybe they have a better way in back off. >> technology. you want that skills said. that is the employment group. join one are two things that are free and save you time, absolutely they should. >> i want to be a manager, and it's great to a want to make a difference, but what you are supposed to do is file papers.

so we literally do not know what is expected. >> it is worse than you thought. >> shake hands, like in the yakima have a conversation and to all the stuff that you're taught by a parent's. john: talk to shake hands and look someone in the night. >> no one teaches this stuff. 50 percent of us come from divorced homes. john: this idea that they only want the right job. here is an illustration of that from the tv show girls. >> you remind me a lot of myself ten years ago. >> speaking of which, i want to be here in ten years. that is not my plan. >> are a lot of other people who would love to have your job. >> that's it? john: this is the attitude. >> that this is me off. you learn to climb by doing a low-level things. it's great if you invent facebook or whenever.

outdoor invented the internet. all of that is great. you have to do the grunt work. this generation won't. >> here's the issue. if you won't give me one example, i sure video that i can watch, i guarantee you that there won't do it. john: thank you. a battle of the ages continues. no one tooask : is a difference between maile cyrus and madonna and elvis? >> i would not but elvis presley and madonna and the same category . that goes a long way with me. ♪

♪ john: do you think that is gross ? she used to look like this. she was at disney child star using the name and a montana. now she earns headlines by torquing at the video music awards. what a sleazy message to send to her fans. >> a bad example. >> and i have to see her on tv and turn it off.

i teach my kids to stay off of that. john: stay off of the internet wireless stuff. it sounds like an out of touch curmudgeon. i have to say i understand about how he feels about it. it is vulgar. or am i just another cranky old man? is what she does that different from what madonna did years ago? even mtv refused to run at video. what about elvis presley? the new york daily news called his act animalism that should be confined to diners and bordellos frank sinatra said this kind of music is deplorable, a rancid, smelling a aphrodisiac that foster's poor relationships. some say the culture will

constantly decay and tell weeds around in a cesspool of smut. michael moynihan says that we should chill out. a columnist for the daily beast to writes about pop culture. >> i do. john: this is much more sexual than anything my generation did. >> is it really? madonna did a book called sex. look. john: older than cyrus. >> twenty-one years old 25, 30? what has been the effect of this teen pregnancy rates are down quite precipitously. sexually transmitted lead disease rates are down. we are offended by this stuff dip. people say i turned off. you do? not many people do. what is the effect? people say we are overly centralized which is bad.

how? we have to ask the follow-up question. john: more likely to have sex young, to not for help the relationships. >> but they're is a truth to that. there is less sex among young people. look at these studies and the trend lines. there are all going down. john: the eldest backlashes hilarious. ed sullivan said, family viewing and would not have him on it the show. later he did. "washington post," no respect for elders our customs and manners. it really is generational. fussy old people being disgusted . >> moral panics are one of our favorite things. you can write these columns what we always think is that we are a unique generation. these people are getting something we never would have. -t is total nonsense.

john: those kids would have to >> maybe that's something new. you have these things the differences we have a way of pushing this. they can all see it on computers . every kid with a computer and internet connection has access to pornography. john: the new york post ran the headline. cyruses obviously deeply troubled. deeply disturbed, clearly has confidence issues, broadly in eating disorder. that was not attractive, find colophony. it was bad for anyone who is gender and impressionable. john: a typical reaction. >> she is passing to have

competence issues to me. john: thank you. coming up, why he is probably right and bill o'reilly utterly wrong. john: in

john: the android generation is not as good as we were. >> no. too many video games, and not

engaging in what is going on around them, a total disregard. >> playing with their cell phones. john: why is that a problem? >> they don't know how to communicate. john: they don't know how to communicate. it's true. they spend hours playing with their phones. so what? that is communication. they share information. is this a better way for people to spend time? i don't clemens better. today the media worry that young people will be injured because they text while walking. >> the of all seen what can happen. john: you might fall into a pool some people want laws passed against to sexting while walking give me a break. people can do two things at once distraction happen to have accidents will happen. my own grandfather was killed by

a bus. an surprised politicians have not banned books. people say because kids spend so much time on the internet there are no more school shootings. it's true. the engine and allows easy access to violence. in japan spin to the kids spend more time playing violent video games with this less violence. use of violence dropped 55% of the past 40 years. despite media hype their fewer school shootings. it's -- if o'reilly or on tv in the 56 would have ranted about, it looks. superman's embody the sadistic

fantasies, particularly injuries to children. many young people should just ignore the young it -- of a generation. ♪ john: yes, of a culture is course. i cringe. i'm surprised what his grandmother. >> the think she's wonderful. my granddaughter it works. john: really? and think that's so . again, where is the evidence of harm. sex has been in everyone's face, it teen pregnancy ropped a 50%. now teenagers wait longer before having sex. all people always talk about the good old days, with the warrants of good. more kids or intolerant, racist, homophobic.

there is no good for -- no need for a battle between generations . that's our show. that's our show. see you next week. [dave gentry] hello! i'm dave gentry, welcome to small stocks and big money! [intro music] [intro music] [intro music] [dave gentry] welcome to redchip nation. i want to thank you for joining us today. you know, we are the only show on any major network that focuses exclusively on smaller cap companies. to begin tonight, my quote of the week from john kenneth galbraith's book "the great crash 1929." from chapter 2, i quote: "no one,