the country of his birth and called for jihad against his fellow americans. in the end, it was the joint cia military operation that caught up with him. >> for fox news reporting,orrow -- tomorrow national ice cream day. >> bye, everybody. security beefed up across the nation. after a deadly attack in the heartland rattles the nation. this lone wolf not only delivering a terrible emotional cost to the victims' families and their community. someone here says these hits could have a widespread impact on our economy. hi everyone. this is "bulls & bears." and the "bulls & bears" this week gary b. smith, jonas max faris, john mayfield with lisa booth and chuck rocha. we see lone wolves across the country. you say that could have a huge economic impact on the country.

>> this is heartbreaking but, yes, it is going to have an impact on the economy. there's no doubt about it. look it's really two-fold. first is a resources standpoint. you've got the destruction of property. you've got the cost of emergency personnel. you have to re -- the rebuilding of the infrastructure and buildings and also have the federal government and private sector you know doing additional security measures. the secondary part of this is the undermining of consumer confidence that it could have. >> very good point. but, after the worst terrorist attack in our nation's history, that really targeted our way of life we galvanized as a nation and said to the terrorists you're not going to take down our economy, you're not going to take us down. that's exactly right brenda. that's what makes us americans and that's why people hate us because of our freedom, resolve, because we're free to speak out and do what we want to do. on the fourth of july i decided to take me and my family to a baseball game. i thought about the dangers there, i thought, no they're

not going to win. i'm going to go on with my life and there's a lot of resolve with a lot of americans and it's their way to say we're going to continue what we've always done we're not going to let the terrorists win. >> gary b. you live in washington and chuck mentioned going out in washington when the d.c. sniper attacked it had a profound impact on the economy at the time because there was so much uncertainty. there's a lot of uncertainty with these lone wolves you don't know where they're going to attack and when. >> you know that's the problem. something like you know running a plane into the world trade center is one thing. it's so horrible magnificent -- i don't mean magnificent in a good way, by the way -- it's so stupendous you think that's a one-off, that can't affect me. but the d.c. sniper i remember my kids were in high school all of the high school outdoor activities were shut down for about 2 1/2 weeks, and i think of the scenario i think chuck has this kind of whistling past

the graveyard mentality, we're resilient, we are. until it hits you. i think if someone drove in and left a bomb in the holland tunnel one day and then the next day in the lincoln tunnel people wouldn't go into manhattan, at least via tunnels. it would shut down the city. as lisa implied all of the lost commerce, productivity wages things like that if this stuff started going on these one-offs these lone terrorists i think it could have a devastating effect on a city and the economy. >> jonas, you have a very interesting perspective on this at kind of looking at risk and how we as humans calculate it. >> right. let's, first of all, the direct impact i don't think, the scale of these attacks would either do a daily one, the actual fixing windows and security detail that's not existent in an economy of our size. psychological damage we talked

about the lone -- the shooter in d.c. i think even that one's overplayed because americans, we get used to risks after a while. it becomes the way of doing business. when it's unusual, an example, past july 4th a flashesh eating bacteria kept folks out of the ocean in florida but it was freakish scary, new, the same with the sharks in south carolina. it was on the beach getting sunburned which increases your risk of skin cancer which is something you can control but it doesn't scare people because we're used to that. there's more limbs cut off from diabetes than small-scale attacks. we'll get used to it a plane crash, we still fly. i don't think it's enough of a scale. it's not getting bigger. they're not getting more dangerous. we will adjust to it it will become like every other risk when it comes to this. >> john your take. >> my take is not necessarily if it gets bigger my take is if it's a continuous thing. what gary was talking about with

with the d.c. sniper there was a continuous worry you could be next. as horrific as this tragedy was this week perpetrator was caught. as horrible as marathon bombing in boston the perpetrators were caught. if you have a single lone wolf events we have $18 trillion economy, as terrific as loss of life is it's not going to affect the greater economy. it's when you have cells, like gary's talking about, if they bombed the lincoln tunnel and know the holland tunnel could be next or a succession of events that go forward, as long as it's single lone wolf events it not going to hurt this economy unless they go after something like the infrastructure then it could start harming the economy. >> i was going to offer up jonas and john bring up good points but they're implying it's voluntary. i'm getting to the point where, look i would have been all in favor for back in the d.c. sniper my kids still going out

and doing their crew practice. but it wasn't me that decided, it was the school district just like the federal government decided that we all have to go through this security lines with the tsa. so it's when organizations, governments, school districts, whatever they impose their will and make people do things that are unproductive. look no one wants to wait in line and take shoes off and all of that but we've been doing it since 9/11. think of the economic impact that has cost people. >> jonas? >> when the first planes crashed, i'm sure that scared people. but like today, you know we tune in but we fly. i can't predict the government's behavior in banning commerce to protect us that is an unknown. as far as actual people i think we -- plane wrecks we know it's infrequent we get on the plane anyway and it's horrific. i think it's the commonness of it and it doesn't change in scope. they're not that complex of foe,

what will they think of next? they're not blowing up the lincoln tunnel at the end of the day, they're getting a gun and shooting people. >> but lisa if this is a steady drum beat as john was alluding to a steady drum beat of lone wolf attacks, it has a much bigger impact. >> it absolutely does. god forbid something happens at a mall or stadium, that is going to impact consumer behavior it is going to to give people pause to go to games and that's the point of terrorism and that's what terrorists want to done the way we responded after 9/11 you know trying to be unafraid, continue our lives asusual and that's important. that's what terrorists seek out to do change those behaviors. >> that's the definition of terror. chuck? >> i think that's right. i think john made a great point about the infrastructure. i talk about my personal fourth of july in washington, d.c. highly volatile area that's a

big target. every day i think about that. i was not fortunate enough to serve. i can give back investing in the economy, showing up. but if if happens every day with the infrastructure there would be more people thinking differently. >> john? >> if you're changing behaveior, sometimes that's a good thing. we've had loan wolves assassinate presidents lincoln, garfield, mckinley, you took the secret service, working on counterfeit and put them in protecting the president. look there's a huge cost to that. but the cost of losing a president is even more. the cost of going through a tsa line creating tsa nightmare that we fly through every single week it's a prevention measure that is necessary. and sometimes those behaviors have to change. we have to arm our military that can carry guns in iraq, think they can carry guns here. things change for prevention for the better. >> good point.

thoughts and prayers go to the victims and their families. >> absolutely. cavuto on business. charles is in for neil. charles, what do you got? >> a good education, classmates liked him so what made the 24-year-old do something like this? plus hillary clinton says workers should get a piece of their company's profits but would that put more americans out of work? see you at the bottom of the hour. >> we'll be watching. up here first, in the wake of the murder at hands of an illegal, there's a new bill to cut federal funds sanctuary cities once and for all. do we need it past now to protect us all?

inds fuelling that fire forcing some people to evacuate. i'm uma pemmaraju. >> calls growing to cut off federal funds going to sanctuary cities after kate steinly's senseless murder by illegal suspect in san francisco. now, a house committee just adopting a plan to make it happen. gary b. you say it needs to happen to keep all of us safe. >> absolutely brenda. look what these -- i'm all in favor of cities local juris jurisdictions doing their own thing, that's what makes america great, when it states rights as opposed to federal government. it's wrong for cities to do that. the best solution fine you want to do that you're not getting

federal funding, and i i that's the clearest way to do it. then we'll see how strong cities like san francisco are in harboring dangerous criminals. >> but, it's a slippery slope, isn't it? >> also attitude that's like a welfare town france. like let me back up mark zuckerberg lives there, paid $2 billion to the federal government they can have their own money, run their crazy utopian if they want it's like mississippi. democrats were in charge they'd say cut off federal money to south carolina. it's people are dying because of crazy gun laws. when does it stop in it's not a federal issue, it's like race or something, a lot of big states look i went through jordan with a friend that got a speeding ticket. if you're going over 15 they give you $600 tickets. i think it's ridiculous. they're shaking money out of people from connecticut. but that's not the scope of the

federal government to punish states for their own way of doing things. >> john. >> a complete difference in laws that are silly that you think are silly and don't agree with and the fact that local communities are sanctuaries where they're subverting federal law. look, this juan lopez sanchez deported five times, the feds asked specifically if he gets out we need to know about it. san francisco specifically does not comply with the federal regulations. because of that criminals are what's going to sanctuary cities like this. i don't think they deserve federal funds. we're not talking about illegals who came here for better life. we're talking about criminals that are drawn to sanctuaries because one lopez sanchez said that was the reason he went to san francisco. >> yes, he was a multiple felon, as well. chuck, what do you think of this? pull federal funding? >> i think the cities are trying to put a band-aid on a chest wound. the federal government won't stand up and do anything. as the criminal came across the border five times. we passed a nonpartisan bill in the senate that would have

doubled security to make sure this doesn't happen. do you agree or disagree with the sanctuary cities? these people are dealing with a immigration at local level. but we should fix the overall problem, you'll fix criminals like this coming across the border. >> lisa now should taxpayers be footing the bill for this? >> they shouldn't. look this horrific tragedy underscored the lawlessness that we've seen in the country when it comes to immigration policies. look congress controls the purse and they absolutely should cut off funding from cities who are not complying with immigration officials. look it's important to remember this is not an isolated incident. we've had over 8,000 illegal immigrants either have facing charges, have been charged, released in the last eighth months alone in sanctuary cities. >> it is isolated statistically, as i mentioned in the show a few weeks ago, the "wall street journal" said this week illegal immigrants less likely to do

crime. it's like -- it's not true. it's based on racism essentially. statistically -- >> no, it's -- >> -- they do crimes as much as americans do. >> it's called someone illegally being here who should not be in the country who committed multiple crimes who has been deported five times, able to kill someone because they were here. >> said likely to do it this isn't a one-off event. >> i say 8,000 illegal immigrants released in the past eight months which is a fact. >> okay well i'll get my facts from the "wall street journal" not from -- >> gary b. >> look come back to john's point. the cities are doing something illegal. look i'm not in favor of the federal government making these overreaching laws but if they decided in georgia, you know you couldn't arrest people for going 51 miles an hour that's the law. georgia doesn't have the right to do it. so the only way to punish sanctuary cities is to take away their funding. i think it's -- it's almost like a legal question here.

you don't like the federal law, change the federal law. otherwise you have to you know you have to adapt and respect it. >> john? >> jonas' point is ridiculous we'll let illegals have a sanctuary because they're illegals and less likely to commit violent crimes and americans are more so? there's a reason we treat americans different in this couldn't country and a reason we shouldn't have a sanctuary city for felons as well. >> we have criminal gun laws. criminals go to virginia because it's easier to buy a gun than new york. >> it's illegal to buy a gun. >> you can tie crimes to a state that has loose laws on guns it doesn't mean the federal government should step and make the gun laws restrictive because some of people are -- >> i'm sorry, guys. got to go. i can't imagine jonas speeding too much. >> i'm going to virginia to get my guns. >> cashing in over an hour from now. what do you have coming up?

>> we'll have the latest on the tennessee massacre. plus a controversial plan to protect homeland start spending more doing more to profile. trumka calling walker a national disgrace. why thauld comecould help the candidate see you at 11:30. here first, the same week he announces his run for white house, governor scott walker's state sues the federal government. how it could save taxpayer

at scott walker's kamcampaign is ramping up his lawyering up. trying to keep the state's plan to drug test food stamp recipients. john he agrees in order to get the green, people should prove they're clean, huh? >> absolutely because the message is -- the bigger problem we have is 17 million people on food stamps in 2000 there's 47 million on food stamps now, almost three-fold increase that's disgraceful. we're not doing anything to break generational poverty. to break generational poverty you don't give handouts you teach them how to adopt in life. you need to start teaching them now. need to be drug-free, a good way to do it to allow them to get food stamps. >> chuck? >> this is not only dumb it's dumb and cruel. you don't want to do this to people who are trying to lift themselves up. if you want to say it's going to cost you three times as much to

test these people if you want to save tax dollars, drug test congress. everybody who fails, they're out of here. >> nobody will disagree with that. jonas you disagree with the idea? >> i agree with everything except the part of the drug testing, the key point of. food stamps are not a reward for being drug-free, they are -- because you can't afford food. if you want to means test it save the taxpayer money, all you need is a scale because a lot of people get food stamps are obese, at least that directly deals with the issue, subsidizing food when they have too much. when you start bringing drugs in you're bringing up stuff that voters want to hear that don't like people on food stamps nothing to do with saving the taxpayer money or they'd address drug addiction with disability people they're getting paid because they can't get a job. the nation should be drug tested. you can be a drug addict and hungry. >> i disagree with john on this one. this is another form of government as manny.

so maybe i'm agree with chuck. the government doles out a lot of money. do we start drug testing people getting medicare? do we start drug testing people getting social security? the government deems this is wrong and this is right. look i think there's a lot of problems with the food stamp problem, a lot of fraud, a lot of waste, et cetera et cetera et cetera. i draw the line when the government has to come in and start telling people of any persuasion persuasion whatever their means, how to live their lives. >> lisa i want to get in here i'm writing that down disagree with john. >> i disagree with gary. the federal government is the nation's biggest drug tester. what scott walker's trying to do is give people a hand up not a handout, that's why he has job training programs in place. majority of businesses drug test college athletes are drug tested professional athletes drug tested and sometimes high school athletes drug tested. nothing controversial here. >> that's got to be last word.

thanks, guys. thanks to lisa and chuck. next how much did you get in allowance when you were a kid? a dollar a week two bucks? wait until you hear what the average kid is getting now.

predictions, gary b. >> amazon prime day rocked. stock up 20% by the end of the year. >> okay. jonas. >> japan opens its first robot-controlled hotel. want investments, hedge in case they take your job, robo up 20%

on the year. >> let's do humans. average allowance is $35 for kids. >> ramon gets more allowance than than charles is next. >> keeps happening, young adults living in america, turning on america. the same week this 24-year-old guns down four brave marines in tennessee, video surfaces of another young male charged with a terror plot in massachusetts saying this -- >> what do you feel about, you know the group that calls itself isis or isil? are they doing a good thing? >> yeah. yeah they are. they're doing a good thing. >> hello, everyone. in for neil cavuto. a growing thing on american soil has us asking what's go on with the kids living on american