of a series. very inexpensive. if your 401(k) plan doesn't have that cheap fund ask for it. >> you like it? >> you should have bought it two years ago. for "forbes on fox." have a magnificent weekend. thanks for watching. keep it right here. it continues with eric bolling and "cashin' in." shocking new video showing rockets being fired from inside russia into ukraine just days after missiles shot down a malaysian airliner. while putin is on his high horse our president, well let's just say he's been horsing around. not us. we got the playbook how to put the bear back in his den. plus texas is being flooded with illegals, the water is being shut off in detroit and our president spent the week, you guessed it, fundraising. is he out of touch or just doesn't care. we debate the presidential state of mind. then your tax dollars going up in smoke. some folks on welfare are now

using cards to get cash at pot shops. the last time we exposed waste like this jon stewart mocked us. "cashin' in" and lighting up your saturday starts right now. hi everyone i'm eric bolling. welcome to "cashin' in." welcome everybody. 298 innocent people dead from the plane attack and now this. >> we have new evidence that the russians intended to deliver heavier and more powerful rocket launch towers the separatist forces in ukraine and russia is firing artillery from within russia to attack ukraine. >> how many more have to die. president obama will deliver a strongly-worded tweet. how about strong actions? >> this president gives off the impression of red lines. as soon as someone cross it he

doesn't do anything about it. obama loves being president but doesn't love the work. you can't just wag your finger and give these empty threats. you need to do something. what we ought to be doing is speeding up our natural oil and gas exports because if we can reduce other countries dependence for oil we can reduce russia's wealth and influence. >> john, michele is absolutely right. that's where you hit russia hard with the sanctions in the oil sector. are you for sanctions? >> eric, i think limited sanctions at this point will be effective only if it comes with the moral condemnation. putin is a thug, a tyrant, bringing russia to the vote era although unlike the soviet era they are not a military threat to this country. what's need is loud moral condemnation. president has the ultimate bully pulpit. what is his response? a tweet. think back what ronald reagan did after the soviets shot down a korean jet in 1983.

his speech many people said changed the tide of the cold war. >> so, why aren't there any serious sanctions. the obama administration puts sanctions, frankly feckless. they targeted a few russian billionaires. what about a sanktion that's serious? >> i'm in favor of a tougher sanction. it needs be on a global level. the eu needs to step up. >> they won. they are worried about getting oil. let me fact check you. the sanctions we put on iran, president obama lifted those. >> well not all of them. >> well vast majority of them. he basically said we'll let you do your thing. we'll lift our sanctions. wayne what do we do? i'm in favor of going after these guys in the oil sector. what about you? >> well, i think you're right, eric. the problem is this, you know

there are 28 members of the european commission. you can't get 28 people to agree to sanctions. you can't get three countries to agree to it. the english have a vested interest in what happens in the banking system. the germans get 40% of their gas from russia. you got people who are at odds with each other within the commission and as a consequence it's difficult. you have to be discreet about these things and make them very pinpointed. i don't know what obama can do, in other words, without the cooperation of the europeans. so i don't know how he can help. >> a leader has to get the cooperation of the other people. that's part of his job. okay. he just can't let putin get away with murder. >> that's easy for to you say. you don't know what you're talking about. you can say that all day long. have you seen 28 nations agree on anything? no. so don't tell me that. >> go ahead, john. >> that's a place maybe obama could start, demand that for

example russia be kicked out of the united nations or threaten to leave ourselves or leave ourselves as a result. to your point about lifting the sanctions on iran, what good are sanctions if we don't have the moral condemnation that accompanies it. russia's stock and bond markets have already been hit. so the moral condemnation and people should know when they deal with russia they are dealing with a thug. their money is likely to be taken. >> here's the thing wayne. we could step up. we could have a leader who says even if the eu doesn't get involved we don't think it's right. you kill 300 innocent people you're knock down planes in the ukraine right now. president putin has no regard for the international committee or no regard for life. isn't it our moral obligation at least to stipulate and say enough is enough. not necessarily with troops but with sanctions? >> eric, can you talk all day long about that and he can be morally superior and all that

kind of stuff and it's not going to be effective unless you back it up with force. putin understands one thing, power. that's what he's using. if we don't use it in some way in return we're wasting our time. >> we're not doing anything right now. putin is in our backyard. he's building a spy base in cuba. what are we doing? we're standing around doing nothing. he's getting away with murder. these separatists are trained by putin. there needs to be consequence. >> i'm saying economic sanctions worked. they worked in iron. they will work in russia. 50% of their gdp we lies on the oil industry. >> we need to start looking at a major global level. that's very important going forward because what we're seeing is the beginning of what we had previously with the -- putin wants to have the reunification of the ussr.

we got to make sure we have serious sanctions to cripple them, not let that happen going forward so they don't join with china who is also their neighbor. >> the problem is president obama goes the other way. he's worried about slapping sanctions. he's worried about looking like the guy who is tough on other countries. can we pull up president obama? >> i understand. >> john, that's not a tough leader, he's basically saying after the next election i'll add more flexibility. you need more strength. >> you need to represent america, eric. that's why i think wayne and michele talk makes a difference. when it comes from the president of the united states talk makes a lot of difference. his recognize is celebrated by the press and by many others could be tremendously, of course,ive if they communicated american centric ideas and i think a more loud speech would

hurt. >> wayne, wrap it up. >> i think eric, i think you're exactly right. you got to be tough about it. you can't have empty rhetoric. you can't make a threat about it and not follow through. the idea of sanctions on oil is a great idea but it has to be tough, meaningful and definitive. >> that was a definitive end to that segment. you can continue this conversation right now on twitter, #cashinin. last week we hit a new twitter record. tens of thousands tweeted. our twitter reach is approaching nine digits. do the math. mary ann tweeted while russia president putin flexes his global muscle president o. flexes his ego. and what's wrong with this picture. retweet that right now.

the fundraiser in chief is adding it now as problems intensify in america and around the globe. the president goes grabbing donation dollars on the west coast. can you say out of touch much? to buy a car.

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rocketing ukraine. add israel and gaza. and detroit is so broke they are turning off the water. is this any firm a president to go on a cross country fundraising blitz? it is for president obama just back from his fundraising tour de force out west. jonathan, are the presidential priorities in order? >> eric, the president is the commander-in-chief. only he commands the guns. he's the policeman and the policeman has to be on the job. what we're seeing from the president is pure evasion. he thinks ignoring these problems will make them go away. wishing it won't make site. irs, russia, the middle east, the economy, these are really serious problems and the president seems completely awol with this cross country fundraising trip instead of actually being the president. >> wayne, what about it? we just rolled a couple of screens where it shows president obama on pace, on pace to do over 500 fundraisers while

george bush did 3838 in his full eight years. should he be spending more time in the oval office and less time on the west coast? >> i don't think it matters where he spends his time. i don't think this guy is interested in being the president any more. what i see is we got this fellow down in mexico who has been locked up down there for three months. he hasn't uttered a word. you don't have to be in the white house to do that. you can be on the road. i work all the time, you do too when we're on the road. he can do that. he just isn't interested. i don't think this is a substitute of being fundraising for being president. this is a guy who is totally not interested in doing anything except what he wants to do which is play golf and he's great at fundraising so they use him. >> jessica, he likes to play fwofl and likes vacation. he's the commander-in-chief. he's the leader of the free world. should he be leading. >> he is. this is an example where he can

walk and chew gum at the same time. there was a lot of debt left over from the 2012 election. this is what needs happening so we can get democrats elected in the mid-term elections that is coming up. there needs to be fundraising going on. that's the bottom line. republicans are doing it as well. he's the executive that needs to be out there. >> hold it. wait, you guys. let me sum this up. forget russia, israel and the border, we have a lot of debt to take care of. this is what happens when president obama goes on fundraising trips instead of paying attention to the country. listen to what things come out of his mouth. >> we need to stop companies from renouncing their citizenship to get out of paying their fair share of taxes. i'm not interested in punishing these companies but i'm interested in economic patriotism. >> that sounds like a socialist to me. >> it does. jessica says this president can

walk and chew gum at the same time. no he can't. he's walking among the 1% and the rest of the world is going up flames. we have planes being blown up in the sky. we have a drought. he's doing nothing. he's hanging around people who are willing to pay $32,000 a plate to see him. he's more interested in being a salesman than president. this cycle alone he's gone to 73 fundraisers. it's crazy. >> should he run the water to stop the drought? he can't take -- >> why isn't he going and talking to those people instead of going and talking to the 1% and trying to get their money? >> part of the reason that politicians spend so much time fundraising is because of the bipartisan mccain-feingold finance reform. if that was gone many politicians wouldn't have to spend so much time fundraising. jessica, to briefly answer you maybe he was acting more presidential he wouldn't have to

spend so much time fundraising. people would support him financially because they knew he was doing the job. >> we have to leave it there. wayne we'll get you in the next one. coming up, welfare cards used at pot shops. are our taxpayer dollars literally going up in smoke? we'll talk with border patrol

agents to give us a first happened account of what's happening. remember the surfer dude that warns us about jon stewart

mocked us about? then he mocked us again. >> let me school you, mr. stewart. >> oo school. >> jon, it's time to break out the slide ruler. school is back in session because we're learning folks are using welfare cards to withdraw for pot shops. i wonder what they are going to use in pot shops. >> the whole thing is outrage s outrageous. not one government program that wor works. why? because there's no incentive to make it work. in the free market system, you have incentive. it's absent from any government program. for example, the temporary assistance program for needy families, talk about this as an entitlement. using that word is an insult to the working people of america. it's an outrageous thing. they are doing the same thing with the pot system where you can go in and cash your money, get the cash and buy pot.

it's a promotion and it's all the opposite of what say should be doing. >> is this right or are they high? >> eric, everyone is high. the whole country is getting high. i would say a percentage of people watching this show are high. >> not me. >> the issue is nothing to do with pot. it has to do with government assistance. welfare is wrong no matter what these em buy. it's wrong to take money from some people and give it to others. monitoring what people buy is controls breed more controls. get rid of welfare and private charity is very discriminating about who they help and who they don don't. >> john just claimed you two are probably high. defend the program. >> this has been happening in colorado because colorado is the first state to have this recreational use where you can go in and buy pot for recreational use.

personally i'm high on life. and i'm happy to be here. but it will be addressed going forward if we see pot being sold recreationally. this is the first time. you can't go in and buy liquor with your card. you can't use for for strippers. it's in the federal law. this is a new territory. >> let me ask you something, how about this? how about you ban atm machines that take the welfare cards in pot dispensaries, liquor stores. >> that's a first step but we ought to start cutting these programs. 23% of americans are on welfare. we have spent $3.7 trillion on welfare programs. democrats say this is supposed to be a short-term solution. no, it's become a way of life. >> last thought, who wants it? >> eric, when you talk about banning the atms in pot shops,

they walked out of the 7-eleven and walk to the pot shops. the problem is not that they are buying pot or strippers or anything else. the problem is the government assistance. stop that and you stop the waste. >> we'll have to leave it there. jon stewart, you have to be high to think there's not going to be waste, fraud and abuse. we have to leave it there. thanks to our panel for joining us. come lg up, d.c. is disconnected but we aren't. the simple solution to get the simple solution to get america energy ♪ ♪

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wake up, america. last month i was driving across arizona and pull ed into a gas station in the middle of nowhere. and gas was $4.19 a gallon. last week i was in florie car f. what the heck? just charge me $5 already. this morning i filled up on the way to work for $4.39. so when did $4 a gallon become normal? did i miss the memo? gasoline is the great equalizer. it burns a hole through your wallet. and with all the fighting and terror going on in the the middle east and russia where most of the oil is produced, don't expect any e relief any time soon. $5 a gallon will be the norm before $3. that i can guarantee. but it doesn't have to be that way. here are the facts. america uses 18 million barrels

of oil per day. we produce only 10 per day. we have a deficit of 8 million barrels per day. i have a three-part solution. expedite fracking. permits. that alone could produce more per day. next open offshore and federal lands to drilling. that could ramp up 5 million barrel oefrs the next few years. and finally approve the keystone pipeline and we become energy independent. three directives out of d.c. goes bye-bye. those easy steps, take them and we free up our capitalist system and regain our global superpower stts. or if you refer, reelect politicians and end up with a president who continues to bow to dictators while americans get drilled at the pump. thanks for joining us. i'm see you on "the five."

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