airlines. >> what do you think about the airlines? >> david, flown american actually a lot the past several months and really like the service. >> good. here's to american airlines. maybe you'll get bumped up. that's it for fox." thanks for watching. keepright here. the number one business block continues with eric bolling and "cashin' in." i actually think that the issue has surfaced in a way that probably is healthy. president obama saying race relations are better under his watch, but let's go to the videotape. protesters looting and destroying businesses all across the country. does footage like this prove the president's wrong? in trouble in 2015? plus -- after the ball dropping for the new year the minimum wage rising in 21 states but unions are still demanding more money, pushing for $15 in 2015. if they get what they want will we all pay the price? and then -- cuckoo on capitol hill.

gq unveiling its craziest politician list. guess who fills up moment of their nut house, republicans. happy new year, everybody. "cashin' in" starts right now. hi earn. i'm eric bolling. welcome to "cashin' in." the crew this week wayne rogers, john thin hoenig, kennedy and welcome in everybody. you heard the president, race issues in america are "healthy" and america's less racially divided than before he took office, but look at the video you're watching right now from ferguson, to oakland, and from berkeley to new york. is it healthy when businesses are being looted and livelihoods destroyed? wayne, what does this mean for 2015, if this continues? >> i think it's bad and it's going to take a long time to cure, eric. we don't really have a racial problem in this country. what we have is a cultural problem. 80% of black kids are born out of wedlock. no role model. the family is destroyed. the gang is substituted for the

family, and we know that gangs are, live off the currency of drugs and theft. that's what goes on. this results in poverty lack of education. police hostility. all of those things that are destructive to the -- to the society. it's a cultural problem, it's got to be address. >> whanktst is it? culture, race or both? >> i agree with the -- >> hold on. >> i certainly agree with the president, that we are less divided in the day to day relationships that people have. just look in the racial marriages. they've gone from 7% in 2000 to over 18% in 2012. we've got any on screens across the country and jamie foxx is making out with roseburn. but talk about the rights for a second. >> therefore -- wait. problem solve that? that's more proof? >> in 1886, we got the

eight-hour work day because of the hay market riots. gay rights movement because of the stonecall riots. -- stonewall riots. how you have politicians respond to the grievances but can't sit here and preriots have not been a big part of social change for america. >> watching videos protests frome across the country. east coast west coast everywhere and protests on the heels of real race rhetoric going on out of the white house, out of the administration down to mayors of new york city. go? >> you know eric, racism rises and falls with collectivism. the country's become more collectivist and has become more racist. many on the left including the president it's like they've divided us by income now and gender so race is going to be the next. >> kenny we have a guy named al sharpton that does a show a couple blocks from here. owes $4.5 million in taxes,

visits the white house a couple times over the year. as racist as they come and our president uses him as -- >> i don't disagree with the president. race relations are better and the fact we can have more open discussions. rudolph giuliani and charles barkley saying things no way they could have done that decades ago. al sharpton and eric holder benefits the society. i agree with jonathan and say to wayne, fighting this drug war, spending billions of dollars on the drug war, it doesn't do good. republicans like rick perry talk about sentencing reform a big part of the 2016 election. they're going to have to reach out beyond their typical base and you're going to see people talking about you know, not only reforming sentencing and things like that but limiting the drug war, which is costly. >> fair enough. let's stay on race for a second. stay in new york city. hold on wayne.

bring this up. it's very important. mayor giuliani took over for mayor davids dinkins. race relations were horrible in this city under dinkins. crime was rampant. times square a burned out mess. squeegee people, thugs on the streets shaking down people for money at the time. giuliani came in here, had a broken windows theory cleaned up things like smaug little ss small little things like that, therefore, eliminated a lot of fear and felonies. go ahead wayne. i think under de blasio in new york, shings have gotten worse. >> i just wanted to answer that this is not -- you say -- i didn't say spend money on cleaning up crime and all that. ip said you have a more fundamental problem. and that is one that is cultural. not racial. so the racial part is a result of the cultural thing and that's what you've got to understand. if you don't understand that you'll never understand the racial part. >> we want to understand you're tying drugs to the black community and it is

african-american men -- >> i'm tying -- jobs -- >> a preponderance -- >> wrong. >> no, it's not wrong. you're the one who brought drugs into your argument. you're the one who said it's culture and drugs and people selling drugs. >> listen for a moment please. listen to what i'm saying. >> hmm. >> just listen. i'm saying drugs are the result. i'm not saying drugs are the cause. drugs are the result. >> the government, federal government under several administrations. >> hostility of the police all are the result. >> the drug war has failed. >> let's bring -- >> you're wrong, but that's okay. >> i'm not wrong. the drug war has failed. >> well, look -- >> let's -- that's another topic. we can get to it maybe next week. let's stay on this. stay on this quickly here. businesses are not thriving. when the cops say, you know what? i'm afraid. we're getting targeted for shootings. we're being spit at, called names. we say the protests for dead cops, they say, maybe it's time to maybe look the other way an some of this stuff. on the small stuff. on the small misdemeanor stuff?

that can't be good tore people or -- for people or businesses? >> the cops clearly do not need to get that type of behavior thrown their way, but they also need to get back to work. but when you look at race relations today, i think we all have to ask ourselves, what do your relationships with your co-workers, what are your relationships with the people you go e to church with, the people you do business with on a day-to-day basis? has that dotangotten worse? what's worse, the medias click bait reactions to racial flare-ups. we're the ones responsible for creating an environment where it seems like it's gotten worse, but i think we have to look internally. are your relationships better and i think most americans would say, yes. >> if race doesn't -- if race doesn't matter how come the left is always talking about it? i mean, president talks about programs for black leaders and hispanic farmers and communities of color. you hear about --

>> this is so untrue. the president has gotten -- >> i got to run from somewhere? >> african community leaders because he doesn'ttalk about black americans enough. he has pissed off -- >> talk about -- >> anything but vision when that's your metric? >> we need to let it go there, but a lot of people will push back on the amount of rhetoric that comes, race reshetoric that comes out of the white house. rage over the minimum wage. unions still aren't happy. they want more. look out, america, i i i i i

talk about costly way to bring in the new year? 21 states hiking minimum wage this week but yoonunions aren't celebrating yet. they won't stop until they get $15 in 2015. unions if they get their way what will it mean for businesses? >> minimum wage destroys jobs. that's what the labor department says in the 1930s when the first minimum wage was enacted. george bush raised the minimum wage in the latter half of his presidency you saw the youth participation rate in this economy go down and down and down.

the reason union for it not because they make minimum wage often times their wages are linked to minimum wage. as usual, can't compete in a free market. so they use government force to try to enact their way. >> kennedy heritage, the signal part of the heritage, one said the son of a baconator combo in unions got their way from $6.49 to $8.92. an outrage. >> for the unions law of unintended consequences. the problem, keep a lot of people from entering the job market to begin with and with the employer mandate with obamacare. a lot of people who talk of this stuff have never own add small business. the small business owners will get hosed. not every corporation is walmart and be able to pay staffs 15ds an hour. labor is a valuable resource and a reason these are entry-level jobs people won't be able to get because they'll be scarce or have to increase prices. >> before you answer, i want to watch a little piece of that,

also the signal put together. these are peopleinging $15 an hour. >> when all of the money goes up to the top 1% of the -- of the economy, it does not work for people on the bottom. that bottom 99%. and we need a redistribution of that income. >> $15 is ap reasonable amount. >> that's socialism right there. redistribution of the wealth, from the top to the bottom. exactly the definition. do we want that? by the way, the guy that said $15, why stop at $15? how about $100? >> why not $20, make it more of a living wage. talk about the minimum wage for a second. first, i'm shocked that jonathan quoted a statistic from 1930? it's 2015. and if you look at states that adopted a higher minimum wage last year they've actually seen higher employment growth than states that did not.

period. >> it's been one year and we've had a strong economy, but the whole point. look longer term, and i'm not just citing 1930s. just look at, as i said, the bush administration, even beyond that there's a moral issue here. a job is a trade. you have a right to offer your services to whoever you want. >> oh, yeah, it's a moral issue. >> called a free economy. if you're not for free economy, say that. but people have a right to work for what they want and offer a job for whatever they want. >> and i think there's pretty of economics on the fact when you raise wages you clearly limit or prohibit deutsche ememployment. not something we want to do that has not been proven in the numbers. >> said that in 1930. >> guys hold on one second. let me bring in wayne. talked about this before. these fast food workers, to flip a burger and put a french fry in a pot of hot oil wants 15ds an hour. our military starts military

pay starts at $8.86 per hour. where's the disconnect here? >> well the disconnect, eric, that as you said, in smoob wants to reverse the free market stirm system or reverse the social order. jonathan was right. this is coercion by the government to coerce people to hire everyone. all you got to do look across the coast at cuba and see what it results in. a lower standard of living. we have is a high standard of living because we have a free market society pap bargain between an employer and employee what his wages should be. not a dictate by the federal government. so that's going to hurt -- and wait, let me finish. let me finish. that's going to hurt employment and you're wrong. california, for example, that his and have lost employment. >> quick thought, john, and not arbitrary. eric to your point. you can't just pick a number out of the hat always call it the

minimum wage. if people want to improve wages they need to improve their skills, end of story. >> one quick point. if the government is going to do anything here it would be to create more full-time jobs with full benefits. the problem is the government has come in and they're mandating minimum wage. mandating how much you're supposed to pay for an employee's insurance, which is hurting businesses. the point is you don't want anymore government interference. you don't want the government telling you what to pay people how to provide health care. the more you have government interference the more it destroys natural business. >> that's what they come up with. an outrage. leave it there. coming up gq revealing its craziest politicians of the year anned grand old party coming out over the top. media bias, over the top? "i wasn't

going to invite people over and when i saw what their homes looked like." "my kids couldn't go outside and play. they couldn't go to the park." "i didn't know where i was gonna go what i was gonna do." "my other concerns were the leaks in the wall, the mice running around." "it was brutal. it was a scary, scary place to be." "we're in darkness, but there is always a little bit of light, and if people help, the light becomes greater." "the fact that people want to help without getting anything in return." "they're experiencing your dream with you." "you can stand in your own house and say i helped build this!" "just walking into that house was the beginning of a different life." "happiness, peace, stability are all the words that come to mind when i think of our home." "because!" "because of this house, i'm home." you can change the lives of families in your community

and around the world. join us. habitat, we build.

nation's capital starts in just a few minutes. we'll see you then. you got to be kidding me. qg taking heat for its craziest politicians list. 17 out of 20 of them are conservatives. media bias? >> the map proves it. you can do a better job than that. people are entertained when there's balance because we know it's a chaotic insane political environment. democrats didn't have a stellar year. they had a horrible year because of crazy people like nancy pelosi who said democrats are not fearmongers. civilization as we know it is in jeopardy. if republicans win the senate. and that's not -- she chased tom

moreno down two aisles in the chamber because of -- >> she's not on the crazy list. joe biden are on the democrats side. limit but let me talk to you for a second jonathan. joni ernst ted cruz, steve king, the list goes on and on and on on the republican side. >> a lot of republicans are crazy, especially the ones that talk about all these mystical revelations. that makes the dems look sane. if the gop wants to be taken more seriously, they need to be focused on ideals, individualism, freedom, individual rights. >> what about it, 17-3? >> well i'm angry because i think texas tops the list with four reps from the state of texas. how dare they. come on, they could have done two different lists. the craziest democrats and the craziest republicans.

i do think the republican list would have been longer. but we had carlos danger and it wasn't last year but we had governor blagojevich. we've had our crazies. the republicans open this list it proves you can actually be mean and crazy. >> okay, wayne your final thoughts on this one? by the way, carlos danger being anthony weiner. >> he is? >> i didn't know -- i was surprised to learn that qg is the arbiter of insanity here. it's like going to a problemtologist to get your brain fixed. maybe it's better to appear crazy. you mentioned nancy pelosi. there she was talking about grub ler and he was wonderful and all of that and he designed the care act. then she denies she ever knew him. you've got more crazies on the other side. >> we need to leave it there. gq, aren't they supposed to be arbiter of what looks good when you wear something? maybe not. coming up, good-bye 2014, hello

2015. what needs to happen this year to wake america up.

we want to say thanks to our "cashin' in" for joining us. head over to foxnews.com/cashinin to see stock picks. all right. time to wake up america. i think would be a good time to

look forward to the upcoming year. we promise to protect the free market and capitalism with all our "cashin' in" might and we will do that. president obama must pivot and start to promote positive race relations rather than deliver divisive race rhetoric. for all of our sake stop turning to that race shakedown artist al sharpton for advice on how blacks and whites can get along better. he wouldn't know that if it smacked him upside the head. speaking of sharpton the mainstream media need to be more accountable to the american people and ask politicians the tough questions not the usual liberal softballs to the president and not the all too familiar cheap shot journalism like this. >> what if you or god forbid members of your family had to undergo some of the treatments we are reading about in this report, can you personalize it in that way? >> liberal media do your job or we will continue to call you out like we did jon stewart, that back and forth right there

earned us the top five cable news fight in 2014 but that's not why we did it. i did it to expose the hypocrisy that resides in the liberal media. jon stewart has made a career out of taking shots at those of us who seek the truth. finally, the president better get his act together on terror and soon. isis, home grown jihadists are on the rise and americans are at greater and greater risk. yet gitmo's closing and we're pulling out of afghanistan. meanwhile, our elected officials are too busy disrespecting law enforcement to see the real threats going right here on our streets. americans are under siege from terrorists, from hackers and from race baiters. 2015 will bring change. let's hope those changes are for the better. together we rise divided we fall. i'm not sure which way we'll head but "cashin' in" will keep an eye on all those in charge all along the way.

tonight for lou dobbs. they gave him the night off. david: "the willis report" is next. >> hi, everyone, i'm tracy byrnes in for gerri willis. tonight wall street kicked off its first trading day mostly in the red after closing out 2014 with a bang. the dow did turn positive at the last minute but it is six-year rally coming to a close? what should you be doing with your money? plus gas prices are at the lowest level in years putting billions back into consumers wallets and into the economy but will this also put the fed back on track to raise rates sooner? we're bringing you all the latest coverage with michael eastman, president of fellowship financial group and board members of advisors academy. phil flynn with us senior market analyst from price futures group. fox business contributor of