see you next week. essman babbit. john bolton joinses me tomorrow, we hope you will too. kennedy: tonight, donald trump appears to already be keeping jobs in the u.s., but bernie sanders says the deal with carrier is nothing but a band-aid. who's right? plus, up to your eyeballs in student debt? the government could soon wipe it away. sounds good, right? libertarian economist brian men berg here to crunch the numbers. and did you know that donald trump suggested annexing mexico and canada? no. yeah, that's because he never did. tonight our fake news game, yeah, let's fake a deal. come on down! we'll tell you what you won. ♪ ♪ kennedy: a thousand hoosier jobs at carrier will be saved, and it's a christmas miracle. jobs spared, lives improved,

campaign promises delivered. hooray for capitalism. now these feel-good stories inspire even the most hard-hearted cynic, and it's even better news when it's the result of comprehensive tax reform that drastically lores the corporate rate. but is there more to the story than meets the eye? possibly. the state of indiana is giving united technologies $7 million in tax breaks. some might call that a government subsidy. and since president-elect trump highlighted the carrier closure as the company sought greener guacamole in mexico, critics say he's cherry picking a winner. his supporters say, well, you've got to start somewhere. if you're lucky enough to land in the cherry pie, that is fantastic. but if these magical subsidies are rare as raw steak, it doesn't do much to change the business environment in this country to make it more hospitable to growth. and who knows who lands on the lucky list. government shouldn't be in the business of picking winners and

losers like so many numbers on a roulette wheel. it should get out of the way and create an environment where all businesses can succeed no matter who is in power. the carrier thing worked out beautifully for displaced families who were added to the trash heap of midwestern manufacturing. but who has time to scrutinize the spread sheets of every corporation who threatens self-deportation south of the border in the other side of the sewer cover is government forcing companies to do business domestically which is what they do in china and venezuela. trump loves to say he knows how to negotiate, and no matter why carrier budged, could it be a sign of a brighter economic future? we still have to remember why so much manufacturing leaves for far-off factories. it's cheaper. labor is cheaper, materials, overweheld, and that means the stuff we buy here reflects the lower costs with better prices. unions have been the kroniest of all, snuggling tightly with politicians, demanding impossible pensions and bankrupting a huge part of the

country in the name of do-goodery. hopefully, that didn't play into our president-elect's decision by plucking his populist heart strings. i am optimistic he won't fall under the spell of shrill union music as it will force him to crash the economy into the cliffs of the status quo that he promised to avoid. don't avoid me. i can see you. i'm kennedy. glad you're here. ♪ ♪ kennedy: donald trump claims that what he did with carrier is just the beginning of his plan to make america great again. but according to his socialist arch nemesis bernie sanders, this is just a quick fix. who's right? let's bring on the spring-loaded party panel tonight, katie pavlich, townhall.com and a fox news contributor, mat welch is here, editor at large for reason magazine, and i'm also joined by fox news anchor julie banderas. welcome, everyone. [laughter] all right.

so could this be the sign of a brighter economic future for us? is there some harbinger of goodness in this carrier deal? >> i think that the example is a good one, but we have to remind everyone that we do have to see comprehensive tax reform for this to continue for multiple, you know, other companies to take this on and keep people here. one part of this people aren't talking about is how much it's going to cost on the other side. we trade cheap labor for c goods, it's going to cost more for these companies to stay here, even if they get tax breaks. so if that's the cost that the country's willing to pay, fine. that means more jobs will be here. but there does have to be a comprehensive tax plan passed with congress for this to be a long-term, rather than a short-term, company-by-company basis and really stimulate economic growth. kennedy: yeah, and steve my knew chin says that will be the basis of his tenure as treasury secretary, as low as 5%. 15%.

you know, the worry here particularly for libertarians is this is just a different form of crony capitalism that we've seen over the last eight years with the obama administration. are you worried about that? >> i don't know that it's a different one. think about any two-wit, half professional town like oakland, california. they're always, you know, threatening the raiders, don't leave, and then, oh, wait, you're really going to leave? we'll give you these subsidies, this tax break, and as soon as that stuff runs out, the raiders will act like tenants rather than people who stick around. it's amazing to me that after, think about it, after the bailouts of 2008, there's been three kind of big movements in this country pretty chi from the grassroots up. one was the tea party, two was occupy wall street which was against this kind of system and, three, the donald trumpism, whatever that is. kennedy: yeah. >> but he ran against a rigged economy, and one of his first acts here is to rig things, to go into an individual case and act like the mayor of oakland instead of, as you say, let's make the whole thing a lot

easier for business to be done on the federal level. kenmen can stand -- kennedy: stand back, let the tax cuts take effect so every wiz has a chance at succeeding as opposed to waiting to be chosen and selected to be on that great list, and it is a great list. so great. swriewlly, what's more sickening to you? your thanksgiving party -- [laughter] or the government playing favorites? >> i don't like when the government -- i don't like the government meddling. kennedy: yeah. >> and i don't believe it's the government's business to meddle in publicly-traded bids. it's great that donald trump tried to get involved in carrier, but once he takes office, he can't get personally involved in every single thing, and i don't think it's going to be possible for the government to dictate how business does business. and there are tax incentives for sending some jobs over to mexico, and that is a fact. i don't know if the government really necessarily can do much about it or should. i'm not sure it's their place. >> one other aspect that isn't involved in the carrier story is

donald trump's claims on the campaign trail that he was going to punish companies that dare to move overseas which i think is problematic. we believe in a free market system -- >> his own company is overseas. [inaudible conversations] >> it sort of gets -- kennedy: let's not use force to make companies do things domestically. >> right. kenny: all right. well, t's get back to some of those liberals, so angry right now. getting heart palpitations over the number of goldman sachs alumni donald trump has tapped for his administration. white house strategist steve bannon and anthony stair knew chi all worked for goldman saks, and on their agenda, deregulation and a lower corporate tax rate. is in the team to get the economy humming? katie, isn't goldman everywhere? >> i think steve bannon has a lot to do with bringing the goldman connection into the trump administration team. he's familiar with wall street. it doesn't necessarily drain the

swamp of the people who have been involved -- kennedy: scaramucci, to be fair, was part of the trump team before bannon signed on. >> sure. but it goes back to this argument that we're supposed to have new people. they're all running the show, and that's fine. they have a lot of experience, which you need when you're running a new administration. but i think steve bannon is making sure that the team is coming all back together. kennedy: all right. what's worse? having academics, politicians or wall street people? >> well, they had a choice. john allison was up for treasury secretary -- kennedy: absolutely right. i was really hoping he or jeb hensarling would have got it. >> he was an opponent of the bailouts -- kennedy: yeah. talked about ending the fed. >> they threw a bone this their direction, libertarians, then snatched it away. mnuchin has said that the government should get out of fannie and freddie, which i find refreshing. at least it's better than not saying that. let's be honest about goldman

sachs, they have never been anywhere except here government this whole time. they're one of biggest donors to barack obama. hillary clinton's son-in-law worked for goldman -- kennedy: talk about those speeches -- >> 675,000 for three speeches from them. the idea that goldman was an exile is ludicrous. they made a ton of money in the bailouts, and when you allow for the sort of regulatory consolidation of the financial industry which is what the bailouts have done, you only -- it's a small pool of people you're going to get. kennedy: and with dodd-frank, which mnuchin has talked about, it has consolidated, and because small banks can't comply with the regulatory costs. so what would you rather have, a cabinet full of goldman sachs' executive or norovirus? [laughter] >> wow. >> oh, that's a tough one. >> i know, right? >> i'm going to go with norovirus. >> process it quicker. kennedy: and it makes you thinner. [laughter] >> it makes you skinny, and it

actually brings you to reality. it's actually -- it's very, like, soul-finding. but i have to say when it comes to real estate, wall street, main street, there isn't -- there is no such thing as wall street and main street being one and the other. and trump did accuse hillary of being too tied into wall street, and now we've got the top firm being represented in the white house which seems to me a bit hypocritical. kennedy: well, we're going to have to keep an eye on all of it. we'll see you a little wit later in the show. meantime, we are still waiting for the president-elect to make what could be his most important decision in terms of nominations. his choice for secretary of state. now, this week the current secretary, john kerry, defended the obama administration's foreign policy agenda. but as you may have noticed, a lot of the world seems to be coming apart at the seams. uh-huh. so what issues and hot spots will trump be considering as he tries to find the right person for the job? with us now, fox news contributor and former u.s. ambassador to the u.n., it's

john bolton, who has been -- whose name, rather, has been bandied about for the secretary of state job. he will reportedly be meeting with president-elect trump tomorrow. welcome back, ambassador. >> glad to be with you. kennedy: all right, i know you don't want to engage in speculation, and i don't blame you for that. so we'll talk about some other things. let's discuss this cultural revolution that you say has to take place within the state department. and my question for you is, was the state department damaged and in need of a revolution before hillary clinton or has it been damaged in her wake? >> no, i think the state department prospered under hillary clinton and john kerry. that's what the problem is. unlike almost every other government department where there are cultures, but the civil servants basically understand their job is to or carry out the -- is to carry out the president's policy. in the state department, modeling european foreign min cities -- ministries, over decades the bureaucracy has

concluded they are to make foreign policy. so that's why dealing with the state department is not a question of managementing, reorganization or even draining the swamp, it's something completely different. instead of being its own authority on foreign policy, the state department has to be made into an effective advocate for the united states whatever the president's policy turns out to be. and we're a long way from that today in a way that damages the united states. often most people don't see it, it has a more long-term effect, but it's nonetheless pernicious for that. kennedy: let's talk about someone who has also been considered for the job. i think mitt romney has recognized the danger of a dominant russia, but let's be honest, he would be a little too soft in that arena, wouldn't he? >> well, i'm not going to speculate -- [laughter] on other people. i do believe this, having met with putin myself, having seen him in action, having watched the russian foreign ministry in various capacities, i think

putin over the last eight years has seen weak and feckless american leadership even when he was prime minister operating from behind the scenes. i think he's taken the measure of barack obama, and he's repeatedly taken advantage of him. so i think there's a lot that changes simply with trump asserting what is pretty evident to everybody, that he's going to be a strong leader. this is very analogous, i think, in terms of personality and approach to foreign policy from ronald reagan taking over from jimmy carter. so i think the inaugural address, the first steps in the early days of the administration are going to be very important for altering putin's perception. america's capabilities around the world have not been diminished except for the effect of the military budget cuts. it's a will power question more than anything else. obama doesn't have it, i think trump does. kennedy: all right. let me ask you a strategic question. let's say on the same day north

korea tries to send a nuke to the united states and that fails, iran bombs one of our warships in the strait of hormuz, and russia shoots down a u.s. commercial airliner. who do you bomb first? [laughter] >> well, your question actually opposes something that's very important that is not often discussed when people kind of walk around the world and talk about this region and that region and the other region. number one, a lot of these conflicts and pressures and threats to the united states are coordinated, and the possibility of multiple crises erupting at the same time in the early days of a new administration, even the waning days of the obama administration, i think, are very real. so it underlines the importance of the transition and the possibility of coming up to speed rapidly -- kennedy: yeah. >> -- on a wide variety of issues, all of which are possible. kennedy: so of those three, if you have three crisis that happen is at once, and they arel part of a coordinated attack,

who do you go after first? >> well, i think unless there's new intelligence, which is entirely possible, the north koreans can't hit us in the continental united states yet. but it's coming very soon. so that, that threat is very real. iran, i think, is well on the way to their own deliverable nuclear weapons. if they attack our ships, it would only be the culmination of a series of incidents over the past several months. i think one of the first priorities is to find out whether we have a strategy to deal with these incidents -- can. kennedy: and if russia shoots down one of our planes? >> then i think we're in very serious trouble with a, an established nuclear power right away, and i think that would definitely cause a reevaluation of exactly what putin's instincts are. i think he's less likely to do that, but i do think he might try a provocation in one of the baltic republics where there are large russian ethnic populations, nato members. so i think this possibility is

real. kennedy: all right. so many provocations but only one provocative secretary of state. perhaps it will be you, ambassador bolton. thank you for taking the time. >> anytime. kennedy: very good. coming up, democratic donors are feeling like football fans who spent a fortune to get tickets to the super bowl an to watch their team get shellacked. can they recoup? will they? (vo) it's the holidays at verizon, and the best deals are on the best network. (both) yes! (vo) with no surprise overages, you can use your data worry free and even carry over the data you don't use. and right now get four lines and 20 gigs for only $40 per line. and, just for the holidays, get a samsung galaxy s7 edge for only $15 per month. no trade-in required. i love you in that, no, i love you in that. no, i love you in that! (vo) hurry, these offers end soon.

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♪ ♪ kennedy: hi there. losing $10 in a bet with a friend is never fun. imagine losing $550 million. that's what demoatic donors are beginning to realize after last month's staggering election losses. they're not happy about it. now with the party seemingly in shambles, some big ticket donors are saying they have no interest in rebuilding the party, and that could mean big trouble long term. juan williams joins me now, co-host of "the five" on the fox news channel. welcome back, juan with. >> nice to be with you. kennedy: i want the read you a quote from mark nathanson who has donated richly to hillary clinton and other various democratic causes. the feeling i get out here in california is they're not only extremely disappointed, but they're shellshocked. so the turn around and say now it's time to rebuild the

national party and the dnc, i just don't see it. well, if you don't rebuild, then what do you do? >> well, that's the question. it's not just the big donors, the whole party is shellshocked. i don't think there are many people in the polling business, in the activist business, the organizing business and the politicians themselves who thought hillary clinton was going to lose. kennedy: yeah. >> so shellshocked is appropriate. and what you're hearing from the donors is what you just heard from nathanson. look, you know, we put all this money up, and we got beat. not just beat, but devastated. kennedy: yeah. >> so the question is, what's the response? now, president obama in an interview with "rolling stone" earlier this week said going into the fetal position doesn't help anybody. kennedy: yeah. >> you've got to think about how you respond. but it's t early, kennedy. it's just too early for the big donors because they just lost a bunch of money for nothing. kennedy: all right. house democrats have turned to nancy pelosi once again, and this is confusing to someone on the outside, because i see she has led her party to a series of

losses over the last six years. >> right. kennedy: and, you know, you have tim ryan, a young congressman from ohio, a blue collar state -- >> right. kennedy: -- that flipped and, you know, lost for hillary clinton. he wanted control of that leadership. he wanted youth and a new direction. nancy pelosi has always offered more money because she's from silicon valley, but it looks like according to this, that well might be drying up. was that a bad idea -- >> i was going to say, we go back to what you were talking about at first, money. money, money, money. kennedy: yeah. >> in this case, she raises astronomical amounts of money for the democrats largely out of california, san francisco --the, but as this guy is saying and speaking for a lot of his billionaire friends, what are we paying for? >> well, wait because two things are coming. one is, let's talk about tim ryan for a second. tim ryan really has a point. as you said, pelosi has led the democrats in the house to a series of losses. they've been decimated.

why would you go back to pelosi? but the answer is pelosi and money and the fact that she controls the spigot that turns on the money for so many of these house democrats in addition to which so many of the house democrats, close to half finish. kennedy: it's not endless. they come from these places that are out of touch, but now we're hearing that the spigot is going to run dry at some point. >> well -- kennedy: because, the thing about rich people is they don't like losing their money. they're rich because they like to held on to their money, and it's not an endless stream. >> well, don't say that because, look, if you were the koch brothers or you were major republican donors -- kennedy: koch brothers didn't invest in -- >> in trump. no, but they do invest in republican candidates, and eventually -- kennedy: they said they were going to invest up to a billion dollars in this presidential race. money didn't matter though. hillary clinton outraised and outspent donald trump -- >> by far. kennedy: -- 2 to 1. >> by far. but i'm saying you took the right turn when you said money doesn't matter. in politics money does matter. can. kennedy: it didn't in this

presidential race. i'll give you that, he is a unicorn. >> right. but i'm going to tell you, money still matters, and especially now. the question is, who's going to run the dnc and whether or not you're going to have anybody on the democratic side who can appeal to blue collar voters, who can appeal to kennedy, young female, white voters. because remember, they went for trump ultimately. kennedy: yeah. >> so the question is, what happens? i think a lot of the democrats are counting on the idea that trump overplays his hand. if he starts to do things like take away mom's medicare and medicaid, if he starts to do things like -- kennedy: he has not shown any sign of slowing down on entitlements at all. >> no. but you know what? that creates a tension with the establishment republicans like paul ryan -- >> yeah. >> so like tom cole who's now going to run hhs, right? kennedy: yeah. but we're getting off track. the point is the democrats are in trouble, they do have to figure out how to rebuild -- >> no question. kennedy: and we'll see if nancy pelosi still has a little magic left. juan williams, thank you.

always good to talk to you. coming up, the federal government is looking to forgive over $100 billion of student loan debt. will that fix the problem or exacerbate it? brian brenberg breaks it down next. ♪ ♪ [vo] quickbooks introduces jeanette

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office estimates that student loan debt now collectively surpasses $350 billion, much of which borrowers will default on. graduating seniors have an average of around $37,000 in debt, three times that of graduates in 996. 1996. in response, the gao is looking to forgive $108 billion in student debt. so why is debt ballooning, and will throwing more money at it fix things? never! but don't ask me, ask brian brenberg. i will do just that, chair of the program in business and finance at the kings college here in manhattan. welcome back, brian. >> good to be here. kennedy: so a staggering the statistic. between 2005 and 2015, the average sticker price at public schools rose 40%. there's nothing to keep these costs in check. >> no. kennedy: the federal government keeps writing checks and creating programs to subsidize

college -- >> yeah. kennedy: and now students are going to default on their loans. what does that say to you about college as we know it? >> actually, we're just going to forgive students $108 billion, it tells me college education is not putting people in position that can get them a job to allow them to pay for the investment. they're getting these educations, they can't find a job that pays enough, so we end up having taxpayers, many of whom never got the chance to go to college, having to subsidize these students. why are we doing this? this is the wrong investment if students can't pay for these bills themselves. kennedy: especially when there is a disconnect between what you're doing and how you're spending your time while you're in college and how you're going to pay for it or your future employment afterward with. you're going to create massive problems. now, the other area that you point out is grad school is really expensiveobviously, and, you know, if it takes you seven years to get a ph.d., you come out with even more debt

and more of that fuels on the shoulders -- falls on the shoulders -- and we're subsidizing so much. you pay x percent of your income after you go to school. we have so many people in grad school on that plan, and the problem is after ten years or after twenty years in the private sector, those loans are forgiven you. wait a second. we're spending all this money to subsidize people going to grad school? kennedy: yeah. >> the point of going to grad school is to get a job that pays enough to pay off your loans. kennedy: yeah. >> if you can't do that, you're doing the wrong grad degree. this is the wrong program for you. kennedy: and that's what they've been telling us since high school, if you get an advanced degree, you'll make 30% more -- >> wrong. kennedy: and those statistics, they don't bear out. >> no. it's correlation, it's not causation. if i'm a smart, ambitious person and i go to college and get a great job after, it's not necessarily because i went to college, it's because i'm smart and ambitious, and i happened to filter through that college. no, you're not going to necessarily make more going to college. i shouldn't be saying this, i'm

a college professor. it's in my interest to throw tons of money at colleges, but the truth is it's not for everyone, and we're doing people a disservice -- kennedy: and if you're spending as much on grad school as a mortgage, would you have your mortgage forgiven after ten or twenty years? >> look, a mortgage gives you a real asset. in a lot of cases these grad degrees aren't giving them assets. they're not learning how to think critically, or learning skills in the marketplace. they're sitting through three, four, five, six, seven years of school and then they demand a job. they say i'm entitled to a job. no, you're not. education's not an entitlement, it's an opportunity, it's an investment. kennedy: and that's one of the biggest problems is, you know, for is so long democrats have been telling us that everyone has the right to go to college. >> yeah. kennedy: and we owe it to everyone in society to send them to college, to pay for it. that was one of bernie sanders' main thrusts -- >> yes. and that trickles over, by the way, after students are done with college. because be they think they're

entitled to a college education, they're entitled to a job. guess what? a bigger paycheck. it never ends. you need to nip it in the bud with college. it's an investment. if it takes sense for you, do it, if it doesn't, try something else. kennedy: thank you so much, brian brenberg. very good having you. coming up, the party panel returns. president obama says marijuana should be treated like booze and smokes. can he do anything to make a dent in the drug war in his waning days? waning days? we'll pass that around.

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♪ ♪ kennedy: all right. too little, too late or better late than never? president obama seems to suggest marijuana should probably be legalized, and when he leaves office, he seems to be planning an advocacy for the cause. mr. president, you had eight years to make this move, and you didn't. hundreds of thousands of americans now have legal problems because of it, and with senator jeff sessions the next likely attorney general, the whole cause could go up in smoke again. did the president drop the joint? the party panel is back, katie pavlich, mat welch and julie banderas. this is what president obama said, i am not somebody who believes legalization is a pan

see that -- panacea, i -- but i think there's a much smarter way to deal with it. he hasn't always been this pro-weed. >> oh, god no. i mean, he was in college -- [laughter] no, when he first came into office, he would be asked about this every single time he was allowed to be exposed to the internet asking questions or some kind of google, youtube thing. they would always ask that first, and he would always laugh. he would laugh and mock the people who would ask about legalizing marijuana in his first term, and then he raided more marijuana dispensaries than george w. bush did in eight years. kennedy: yeah. >> this was his nervous tick then. shows you how much culture pulls politicians along with them, because since then we've legalized marijuana in a third of the country. kennedy: all right. another quote: i will have the opportunity as a private citizen to describe where i think we need to go, but this is a debate that is ripe much in the same way we ended up making progress on same-sex marriage, he is

going to be the most annoying private citizen on the planet. [laughter] >> he could move somewhere and have a marijuana farm and make a lot of money, so maybe he's doing it for that reason. but, yes. could he just take a page out of the president's book, every president before him, and just go away for a little while and let the next administration take place? whether it's on marijuana or some other issue, it's inappropriate for him to be as a private citizen commenting on different types of legislation and/or policy. and i think that it's, in this article it's a drive-by way of him dealing with it. i agree with you. if he wanted to deal with this, he should have done it before, and it's not helpful in the last month of his presidency to come out, talk about this -- kennedy: yeah. talk about this, and he doesn't have time to do anything shy of an executive action, rescheduling it which could be undone the first day of a trump administration. but, julie, i want to ask you, and this is a very important and personal question, did any of the 50 people who got sick at your thanksgiving party turn to medical marijuana?

>> i would have actually handed that out had i known that everybody would be barfing. i actually did not poison -- kennedy: did you ever figure out where it came from? >> my daughter was throwing up the night before, but welcome to the nine pounds of weight loss. i apologize for your two-year-old barfing in the crib all night long -- >> godspeed to me. okay. [laughter] >> it's the gift that keeps on giving. >> with he should say it's better to say this than to not say this. it's better that he didn't decide to crack down on legal marijuana in colorado, so i prefer this than not, but he's basically doing what all mexican presidents do which is once you're safely out of office, we really should do this. kennedy: now eric holder can say, you know, we maybe should have pardoned edward snowden, which is -- >> she's stoned right now. forgive her. kennedy: i was, like, what? [laughter]guys, thank you so mu. we have a wonderful challenge coming up for the three of you. this is going to make your day

and night. coming up. i am going to challenge my party panel's understanding of fake news in our latest game show, play along, grab a buzzer. buzz? buzz? ♪ i tried hard to quit smoking. but when we brought our daughter home, buzz? ♪ that was it. now i have nicoderm cq. the nicoderm cq patch with unique extended release technology helps prevent your urge to smoke all day. it's the best thing that ever happened to me. every great why needs a great how.

♪ ♪

kennedy: that's absolutely right, welcome to it, fake news proliferated in the 2016 election, and some would argue it swang the whole darn thing. so can you spot the difference between a fake news headline that really appeared on the internet versus a fake news headline that we just made up around the water cooler when we were bored? the party panel will decide. real fake news or fake fake news? here we go! ♪ ♪ kennedy: this is let's fake a deal. and let's welcome back the party panel. tonight once again it's katie pavlich, mat welch and julie banderas! >> oh, yeah. that doesn't make you spanish. kennedy: kind of does. [laughter] people say that i'm the tapas of news. >> you're caliente. >> muy bay know. [laughter] kennedy: you guys have to decide

if this is a real fake news headline or just something we made up, jack an -- jack an ass in our studio. they're both fake. one's fake-fake. number one. cnn: drunk hillary beat [bleep] out of bill clinton on election night. is that real fake or fake fake? ooh, let's see. katie and mat are on the board with one. that rlly appeared online. it would have been fun for us to make up, but you can't even make that stuff up. let's go to question number two. is this real fake or fake fake? hillary clinton urges president obama to arrest trump for money laundering. was that a real alt-right fake news story? mat, you're in the lead with two. you and julie -- you have one, julie's on the board. welcome to the game.

>> oh, thanks. kennedy: okay, here we go. is this real fake or fake fake, huh? huh? bill clinton caught sexting with michelle obama on election night. real fake or fake fake? did someone really try and sell that as a news story, a fake headline as click bait, or did we just come up with it today? you're all right. katie and julie still tied at 2, mat in the lead with 3. i actually made that one up was i thought it'd be really funny. [laughter] hey, michelle, great biceps. sun's out, buns out, guns out, what? >> pretty good bill. kennedy: thank you very much, mat. that's a wonderful compliment. okay. [laughter] obama orders isis to, quote, take out trump. real fake or did we just make it up today? oh, god, you guys are all so good. that was a real fake story. you guys have been reading your fake news and probably creating some of it finish. >> hey! >> watch your mouth over there. [laughter] kennedy: here we go. number five, this is our fifth

headline of the night. embarrassed green party removes jill stein from their web site. [laughter] did someone try and pass that off as a real fake headline? julie's going with mat, they're saying it was fake, and that means that katie is now tied with mat at four apiece. julie just one behind with three. >> i thought i smelled the breath of andrew hereton on that one. kennedy: you take that back, scoundrel. [laughter] here's another headline. did we read this online and think this was real? fidel castro leaves hillary clinton $5 million in miss will. or did our writers just make it up? and you know what, katie? you have just jumped into the lead. that was fake. we made that up because we thought that'd be really funny. >> you never know. kennedy: she's a total commie, and she has nice beard like me. [laughter] >> and i'm now italian because why not. [laughter] kennedy: all right. here we go.

real fake or fake fake? julie banderas' thanksgiving party goes off without a hitch, only 15 people died without norovirus. [laughter] >> it's a real story. kennedy: julie, there's no way. >> it didn't make a headline. nobody died though. but it is partly true. >> yet. >> yet. kennedy: that's true. the week is still young. >> i'm still here. you guys have survived. i still have to go through. kennedy: well, the buffet is still open -- >> for 12 hours. kennedy: the locks are still sitting on the counter. [laughter] >> the only week-old -- kennedy: katie pavlich wins the first version of let's fake a deal. great job. your journalism degree paid off. you get a sharpie, you get a sharpie, and i thank you for playing along at home wherever you are! let's fake a deal. fake it til you fake it. all right. coming up -- and, by the way, thank you very much, party panel. that was beautiful. julie, mat and katie.

>> anytime. kennedy: does microwaving kitchen signifies make them -- knives make them sharper? who knows, but don't do it, please. seriously, don't do it. do turn in to the topical storm. that's happening in moments. i like it. ♪

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topic number one, a new edition of a documentary called the search for we wengweng is coming out today. i don't know when it's coming out. filmmakers explore the philippines' 1970s version of james bond, a 2-9 secret agent named wengweng. >> very small, miniature guy who can act. >> we can do it. he's our guy. no budget. real stunts. no cgi. kennedy: no cgi, baby. that thing looks amazing. it's from, and i'm not making this up, for your height only. [laughter] that looks fun. but you know what? i'm still a bit of a sucker for the classic james bond. remember? let me show you this. remember? what? we can't? why? oh. well, once again we can't show

you the actual james bond. so i guess we're going to have to show you this bootlegged version. >> shaken, not stirred, my friends. kennedy: okay, topic number two. how sharp are your kitchen knives? well, i don't have any because of the restraining order or the court order. i always get them mixed up. but when i did, i kept them razor sharp. now a young man has bested even me by purchasing a dollar store knife and then sharpening the living crap out of it until it got so thin it could slice shadows. you can see him here surgically cutting through paper. by golly, that's sharper than andy boar wits' wit. then again, so is a rusty potato peeler.

can he do it? si. so sharp. be careful because sometimes sharp objects can get you into trouble. >> and he will stop at nothing to get his man in, for your height only. laugh. ♪ ♪ kennedy: oh. topic number three. who do you think loves gold more, this guy -- ♪ ♪ kennedy: it smells like gold. this guy? >> iove gold! kennedy: or this guy? watch. huh, what's he doing? yeah, he's just -- this thief has no idea he's just picked up an $86 pound bucket of gold flakes. it took him an hour to lug the

thing down the street, and when he got home, he probably went it's pretty. what the hell am i going to do with it? build a solid gold toilet, turn it into a sick pitch necklace? the possibilities are obviously endless. the two drivers who left the bucket unattended are probably not facing so many fun conundrums. they were probably melted down and emulsified and sold to anybody ya for pennies on the dollar. topic number four. wengweng is covered in namibia. this may be the best video of the week. 90-year-old grandparents al and helen are cross with their 18-year-olded from who is walking to class alone in the dark. they chatted on facetime, and they absolutely lose their worried minds. watch. >> what's the matter with her -- >> my god, gabby, what are you crazy? >> high are you alone? >> -- why are you alone? >> i'm going to -- [bleep]

>> see, that's the library. that's the -- >> what is she doing outside? >> she's in the libary. oh, that's not right. shouldn't do that. >> she shouldn't be alone. i don't understand [bleep] [bleep] [laughter] kennedy: oh, to be so loved you make your grandparents curse at you. i could watch al and helen all night, and i certainly will be doing that this evening. topic number five, 154 years ago today abraham lincoln gave the state of the union address. afterward, a congressman from virginia wrote to him saying: sweet speech, bro. ends up, viewer mail was born. happy anniversary. let us begin. steve tweets: who's to say kennedy isn't already a robot? i've heard japan has had major breakthroughs in this area. yeah. that's why i visit japan regularly. ♪

♪ kennedy: check my circuits. chuck writes: kennedy nation ah, rub the crap out of your eyes, chuck. unwatchable. very big word for a blind guy. seahawk granny is up to her old tricks saying: sometimes you act way too silly and dumb. and then the next day you are matter of fact and brainy. thanks? kath asks: girl, can you please lower your voice an of octave? you're screeching. maybe you should watch my pro-documentary coming out. it's called screech and chong. you'll love it. judy notes:@kennedynation, you are just stupid. stupid is as stupid does, judy. follow me on twitter and instagram, facebook it's kennedy fbn, e-mail, kennedy fbn@foxbusiness.com. that includes our very serious

and brainy show this evening. thank you for being a part of it. i will be on with neil cavuto saturday morning on the fox news channel. cost of freedom. good night. ♪ good night from new york. >> announcer: from fox business headquarters in new york city, the new "wall street week." gary: welcome to "wall street week." trish: i'm trish regan. the markets continue to react to donald trump. 178,000 jobs were added last month and the unemployment kicks down to 4.6%. this is the last economic indicator we are seeing before the federal reserve meets to decide whether to hike interest rates.