writing, i believe the tea party is here to stay because people are fed up with politics as usual. >> mainstream republicans jumped on the band wagons, thought was all about them. that will do it for me here in washington. america's news headquarters, rolls on. kelly wright and jamie colby standing by to take over from here. make it a great day. everybody. everybody. >> fox news alert right now. new reaction from the reports of prison sentences for two hikers held in tehran since 2009. welcome to america's news headquarters, i'm kelly wright. >> jamie: i'm jamie wright. this is a serious blow for the release. the judge handed down matching eight year sentences for both spying and unlawfully entering iran.

julie banderas live in new york city with the disappointing news, jules, this is not what we wanted to hear. >> reporter: certainly not and imagine the mindset of the families right now holding out hope for years. the state department, which has repeatedly called for the release of the two men, released the following statement, just moments ago, which reads in part. we are working to confirm these reports and are in contact with the swiss protecting power to obtain, and shane and josh have been imprisoned too long and time to reunite them with their families. despite american calls for leniency, they've eached reportedly been sentenced to three years in prison for illegal he entry to the islamic republic of iran and five years in prison charges of espionage for the american intelligence agency. under islamic law, spying is punishable by death. the pair both 29-year-old were arrested two years ago with

32-year-old sarah shourd for entering on the unmarked b border between iraq and iran, and they said he they hiked and unknowingly crossed the border. sarah was released on $500,000 in 2010 for medical reasons, returning off 410 days of solitary confinement. now, a couple weeks ago, there was word, the hikers were going to be released, but those rumors were soon rejected. even iran's foreign minister expressed hope that the verdict would result in the hiker's freedom. a source heavily involved with the the negotiations between iran and the u.s. tells fox news that while he is disappointed by the verdict, he says this does not necessarily mean they will serve the eight years. meaning, the fact that they have been sentenced now while iran, to move on to policy actions, as opposed to judicial ones and in theory, it could open the door for the release.

we're awaiting a statement from the white house, that should come in sometime this afternoon, meanwhile, those hikers have 20 days to appeal the sentence, jamie. >> julie, we aassume that any and all action will be taken in their behalf. >> of course. >> thank you so much. >> kelly? >> well, jamie the white house just confirming that the president's economic advisor will be heading to martha vineyard where the president is staying this weekend, president obama is working on his economic plan, which he intends to unveil after labor day. now, here is an image of him meeting with chief counterterrorism advisor john brennan, ed henry is live on martha's vineyard, massachusetts and the white house making it clear, this is a working trip, a working vacation. but the president is still finding some time to enjoy himself, right. >> reporter: no doubt about it, kelly. they're walking a fine line. they know the image can be bad and certainly in the middle of this struggling economy, they have to be very careful and that's why the images and the

pictures we saw over the last 24 hours have been focused on family and the president going out to a bookstore with his kids, for example, and mentioned john brennan, a work situation, there on national security matters, but he also played golf and he was at a club where they don't allow cameras and that was probably politically beneficial for the white house and our cameras were able to get close enough, at least in the fwof cart, we didn't see him actually playing, but that's all about the image that they're concerned about, given some of the criticism out there, but i think what the president is trying to do and in his weekly radio internet address earlier today, is say, look, i am focused on jobs, and he once again repeated the theme of the bus tour earlier this week where he said republicans are to blame. take a listen. >> these are common sense ideas. ideas that r been supported by both democrats and republicans. and the only thing holding them back is politics. the only thing pre he venting us from passing these bills is the refusal by some in

congress, to put country ahead of party. and that's the problem we have right now. that's what's holding this country back. that's what we have to change. . >> reporter: now, you mentioned that the president will have one of his advisors. he, we see his picture there. he'll be coming in on monday, a few days next week as the president continues the vacation to try to basically keep the president briefed on top of the situation and also the president is going to be ironing out details of the new economic plan and we're told labor day, kell > and we understand the president of course is getting a lot of heat from critics about taking his ten day vacation and how does he respond to that criticism. >> well, you know, i think that's why in the radio and internet address he tried to focus it all on jobs, on the economy, he actually taped it before he went to martha's vineyard nillinois at a farm and certainly because it was running today they weren't going to tape it in martha's

vineyard and say here i am in my vacation. interesting in the republican address today, ohio governor john kasich basically said the problem is not fighting in congress, it's an absence of presidential leadership, take a listen. >> divided government is no excuse for inaction. sure, we've had our fair share of gridlock back in the 1990's, our differences may have been stark, but president clinton and his teamwork with us so we could do what was best for the country. there's just no substitute for leadership from the president of the united states. >> now, john kasich there now as the the ohio governor referring back to the 90's when he was on capital hill as the republican chairman of the house budget committee and they were able to balance the budget with the republicans running congress and then president clinton, a democrat, obviously, in office. and seems like we are far, far from those days of cooperation on both sides, kelly. >> yes, indeed and ed henry reporting live from martha's vineyard, massachusetts, we

thank you, sir, have a good day. >> kelly and ed, so president obama is pressuring congress to work together in the weekly address, while a new gallup poll is finding the mass majority of americans think congress is doing a bad job. 13% approve and 84% disapprove, the worst on record. can they get the people's work done or will we have to wait for the next election? here now, alexis mcgill johnson, and executive director of the americans value institute and a con stul tennant for the national republican senatal committee. it's good to see you, welcome. >> thanks for having us. >> jamie: alexis what do you think the mood is, taking the poll into consideration, and independent voters. how do you think they feel overall. will they show up to the polls and do they believe the change that the president promised is still possible?

>> well, i think the -- i think the congress has been completely out of touch with american people. independents, most republicans, and democrats alike. and the jobs, jobs bill really needs to be the first and foremost thing on the agenda and i think that independent voters in particular have seen that the tea party wing of the republican party has been trying to drive the country off the rail and take their jobs away in 2012. >> jamie: matt, i hear this again and again, the talk about the tea party and the republicans and the president points fingers at congress. but ultimately, it's all on his watch. and as far as jobs are concerned, if that is going to be priority number one, what is it that congress can do? what options are before them right now in order to stimulate this economy and get people back to work? >> well, the first thing that the president has to understand is that the government has failed

completely in trying to get people back to work. they've spent over a trillion dollars on a stimulus plan and it has not worked. the private enterprise, small businesses, those are the people that are going to create jobs and the president and his administration have to figure out how to get their, quote, boot off their neck and allow the private economy to grow again and i think the republicans in congress have tried repeatedly to work with the president and he just seems to want to play politics and i've never seen a president of the united states deflect blame more than this guy. at the end of the day after four years he's either gotten a job done or he hasn't and at this point, he's failing miserably. >> well, alexis, the white house would say that they have created jobs at a high price right now, but if they create more, that will cost average and that they feel that we are in a recovery, but then the hear the talk about the double dip and this already, people are learning the term that people never need today learn it before. how do you boost the

confidence of voters if you're a democrat to at the least maintain the majority the in the senate and hopefully take back the house and i'm sure that's what democrats want. >> well, you know, let me respond to matt. i think that the question of a trillion dollars to-- i'm sorry, the question of having a trillion dollars in spending through the stimulus, it actually a great start. but remember, we also have a trillion dollars given over to the banks right when the president took office. and we haven't seen any, any trickle down results from that. and i think that the, you know, the policies that are happening, the kind of economic policies that are being promoted by the right, promoted by the-- by the tea party, that are under some guise like the invisible hand is going to get us back to work, is this really, really misguided because most americans are feeling, as you pointed out,

jamie in the double dip recession, that it's smacking us in the face right now. so, my concern is that in order to really get americans back to work, we are going to have to invest more in government spending and things like infrastructure and things like big sectors that, where you can get americans back to working. >> jamie: and let matt jump in because you mentioned government spending and that potentially is taxes. matt, at this point you know the concern that a lot of voters have and now, all the president has done, essentially, to try to get congress to work together, other than calling them to the white house, is put the pressure on that they must be bipartisan. is that pressure from the white house and the president effective? >> no, because the pressure that he's applying is you need to agree with me. and we've seen that his ideas don't work. and i would recommend that the president call bill clinton, ask him to go up to the white

house and get back to work and like john kasich said, sitting around the table and solving some problems. >> jamie: great to have you both here today. fair and balanced, really appreciate your insight. >> thank you so much. >> thanks for having me, jamie. >> kelly: as long as we're focusing on the economy, how about a tough time for investors out there. look now at the dow performance alone and while we've officially been out of a recession for two years now, suddenly, it's starting to feel a whole the lot like 2008 all over again. and some people now fearing we're headed for a second recession, let's bring in fox business cheryl casone live in our new york city news room. cheryl, he when you look at the situation, after a two year rebound and now this talk of perhaps dipping into a double dip recession, is it politics? is it the downgrading? is it the global markets or all of the above? >> it's a little bit of everything at this point. global markets have been a huge problem over the last

couple of weeks in particular because they've got debt issues, just like the united states has debt issues. that downgrade by s & p was kind of the catalyst that kicked off the big slide that we've seen, really over the last three weeks and if you look at the last two weeks of the trading week this week, thursday and friday, we lost almost 600 points on the dow and the dow is down 4% for the week. and all this have is based on a few things, but it's the u.s. economy, european banks, how much does u.s. banks have exposure to european banks and then add in the fact that we're getting some really rough economic news out of this country on thursday morning. we got the philly fed index, now, this measures how much manufacturing activity we're seeing in the philadelphia region, fair enough. abysmal, a negative 30. we haven't seen a number that bad since 2008, kelly you mentioned that year, so there's now concern that we're going back to an area, a feeling of 2008, but the factors are different, i do

want to say, we had banks potentially collapsing in 2008. kelly, we don't have that right now. i want to be really clear. it's a very different time, but the economy is not growing, and that's a problem for all of us. >> you know, that's a problem for all of us, so, what's your advice to americans in terms of dealing with this potential problem of falling into another recession, and hopefully not so, but what's your advice to america? >> it's hard to watch, especially from an investment perspective. you've been taught to save and pay down your credit cards, to put money into the markets or bonds or whatever you feel good about and it's tough to see your investments deteriorate. i will say this, last year we were in the same position, if you look back to august of 2010, we had worries about a double dip recession, the fed did come in and act and the markets did respond. normally, september is a rough month for the markets. if we don't get any action by the fed, i don't think the month of september looks good, but as you get into the rest of the year, some economists believe still, it's divided now, but they still believe at

the end of the year it's going to get better. you've got to hang in. especially if air in the markets right now. and you've got-- you don't want to panic and don't want to be emotional about the numbers you're seeing because the swings are huge. and you can't just try to get in and get out. you're going to get burned as an average retail investors, but personal responsibilities, again, that's putting money into the markets and kind of waiting it is the best thing you can do at this point. >> i hear loud and clear, cheryl casone, be strong and optimistic, that's cheryl casone from the fox business network, if you don't get it. >> demand it. >> get it, don't be square. >> we're a team, kelly. a fox extreme weather alert. there are deadly flash floods ripping through pittsburgh, a power of powerful storms pounding the city on friday and cause the flood waters to raise nine feet and a woman was killed along with her two children. meteorologist maria molina live in fox weather center, what can we expect?

>> unfortunately, we have a new system we're tracking that could bring similar weather and yesterday, some of the storms didn't only produce flash flooding, but some severe weather. over 200 reports of severe weather most out of the northeast and you're talking about wind gusts in excess of 58 miles per hour and also, reports of hail greater than an inch. so, that's incredible stuff out of that storm system and now we're tracking a new one further off to the west, heavy downpours in chicago and o'hare and midway airports, over an hour at o'hare and heavy storms currently pushing into the memphis, tennessee area. there is a risk to see some severe weather out of some of the thunderstorms today. especially across the city of detroit, on to northern portions of indiana and also as we head further south into northern portions of the state of arkansas. by tomorrow, the storm system is on the move, cities like pittsburgh could get hit again with strong storms through the afternoon tomorrow and big cities like new york city, philadelphia, and d.c. during the afternoon.

plan to see strong storms that could potentially bring some of the large sized hail and also the damaging wind gusts and further off to the south and west, dallas texas, expecting another triple digit day. today and of course, we're dealing with extreme drought conditions across the state of texas and unfortunately, none of that rain from the system in the midwest today will bring any rain to that. that really needs the rain and as we head into tomorrow, another generally dry day with triple digit heat and actually heat advisories across the region in place for today, jamie. >> jamie: everyone be careful with the heat thing, thanks so much, maria. >> kelly: weather playing havoc with a lot of people. one week after the deadly stage collapse in indiana, there's new close-up footage surfacing now. oh my (bleep) god. >> oh, my (bleep) god! >> (screams) >> are you okay? my god! >> that tragic accident claiming another life. we'll have the very latest.

>> here people are coming together. twin brothers bringing celebrities and star athletes together for a life and death fight. we're going to introduce you to these special folks. >> we're honoring all of those people whose lives have been touched by this beast. and who every day fight that battle and with the help of the two slightly overweight redheaded freckle-faced jewish boy. um... try the number one! [ jack ] yeah, ts is pretty good. [ male announcer ]alf a day's worth of fiber. fiber one. is besabsorbed in small continuous amounts. only one calcium supplement does that in one daily dose. new citracal slow release... continuously releases calcium plus d for the efficient absorption my body needs. citracal.

>> the founders of double pump basketball, one of the elite basketball clubs in the country. off the court, the pump brothers are using their success to build another tough team with a different purpose and that is to fight cancer. their dream is to raise awareness in the early detection and increased treatment options for those with the disease. this is the segment of beyond a dream. >> what do some of hollywood's finest and american sports heroes have in common besides their celebrity status? well, they all seem to know dana and david pump. >> and david and dana call

you? they will he' keep falling you. and after a while, you can't get out of it. and calling-- (laughter) >> i'm going to be there. >> dana and david pump, twin brothers to raise as much as they can to help people in need get a fighting chance against the second leading cause of death in america, cancer. dana, david and mother carol know all too well how costly cancer treatment can be and how devastating it can be. harold pump, a deet voted husband and loving father lost his battle to lymphoma 11 years ago. >> before our dad passed away we told we would turn a negative into a positive. >> for the past 11 years they're organized the harold pump foundation gala in los angeles bye draws some of the biggest names in show biz and sports, denzel washington,

muhammad ali and even mexico's former president vicx,te are a list of celebrities who attend each year to raise money for cancer treatment. >> you're honoring all of those people whose lives have been touched by this beast and who every day fight that battle and with the help of the two slightly overweight red-headed freckle face jewish boys-- >> through personal relationships they've been able to donate more than 5 million dollars to the north ridge hospital medical center creating the carol pump women cancer center and buying the latest in digital mammogram equipment for breast cancer screening and early detection screening throughout north ridge. >> how fortunate to meet wo guys that passionate raising money to fight cancer in honor of their dad. >> it's not how much money we raise, it's how much we're

giving away and that's so critical in this time. yeah, we have a huge event, but it's the money we'll be able to give away every year, i think separates us, it's remarkable, but the amount of money we're able to give away. >> early detection is the best way to fight cancer. so, if we can help our local community household where my father died and saved the lives of our friends and loved ones, i think we're making a difference. >> and harold pump, the father of the twins, would be very proud of their accomplishments and legacy they've established in helping people battle kan cancer. >> a beautiful family, kelly. and it may help a lot of people affected by an alarming new report. check this out. there are a number of life saving drugs that are in very short supply this year, 180 medications that are crucial for treating diseases like childhood leukemia, breast and colon cancer and the feds are scrambling to come up with a

solution and it could include stockpiling medications or contamination and manufacturing problems and even a lack of interest due to low profits have been blamed for the supply issues. we're going to have much of more on this later in the hour, something that every patient or potential patient will need to know. kelly. >> kelly: meanwhile, there's a drastic diplomatic move overnight that has the middle east on edge and egypt and israel going head to head. >> and also overseas, a fierce new battle is breaking out in libya. could this be gaddafi's last stand? >> plus, the goodwill games gone bad. the basketball brawl between georgetown and a chinese team in beijing, making international headlines, but now, the georgetown coach is speaking out. ♪ i like dat ♪ ♪ i like dat, all right [ male announcer ] mio. a revolutionary water enhancer. add a little...or a lot. for a drink that's just the way you like it. make it yours. make it mio.

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>> we've likely seen the video and told you about the terrible tragedy from the indiana state fair where the stage collapsed and a 22-year-old college student is it the 6th person from the collapse. horrible video from the crash. >> oh, my (bleep) god. oh, my (bleep) god! >> (screams) >> are you okay?

stay still! >> stay still! >> are you guys okay? >> horrifying and the wind actually toppled the stage there and moments before the band sugar land was set to perform. they were all okay. so far, two lawsuits have been filed on behalf of people injured in that collapse and many more might be expected. >> and some dramatic developments unfolding in the middle east. israel now apologizing for its role in the deaths of at least three egyptian soldiers, this after egypt back tracks on earlier threats to recall its ambassador. tension now between the two countries escalating following friday's incident when israeli soldiers reportedly opened fire on egyptian troops while in pursuant of gaza militants. what does this now mean for the overall peace process in the region? aaron david miller, and a former advisor to six secretary of states joins us

now. good to have you. israel deeply regrets the deaths of the egyptian officers, but egypt saying it's going to pull out its ambassador and now kind of backtracking on that and pulling their ambassador out of egypt. in the meantime, they're posing in front of the embassy, and waving the flags, how will this impact relations between the two countries? >> this is a critically important relationship. this lasted for 30-plus years and even under these circumstances, both the government of israel and the government of egypt, even in its new incarnation understand that this is a strategic asset for both sides. you know, during the course of the last 30 years, there have been several times where egyptian security and military personnel have been killed by israelis in these kinds of incidents, and the problem now, is that egyptian public opinion is more influential, and more determinedive and you have a military government that's responsive to that pressure. so what we're seeing now is really a-- has a lot to do with politics,

and the fact that the egyptian army, military, is the guardian of egypt's national honor. so, i think that's what accounts for the severity of the initial reaction. >> kelly: well, aaron, let's look at something else here, the root of this incident. of course, that was of provocation made by hamas when militants crossed into southern israel through the egyptian desert p and launched a deadly attack, killing eight israelis, and they, of course, reacted to that. is there anything that egypt and israel can do jointly to stop the actions of hamas? >> well, that's going to be very, very difficult. and this action was undertaken by something called the popular resistance committees, which is not formally a part of a mosque, but an operation this size had to have the knowledge and the acquiescence of hamas' military leadership and again, the egyptian government is under tremendous pressure to keep the border open, to support hamas, and to

turn a blind eye, and it's going to be extremely difficult in the months to come to manage this triangular relationship, to keep egypt's relationship with the palestinian, while keeping egypt's relationship with israel and a sound basis, it's going to be trickier and by and large, this is a consequence of opening up the egyptian system, arab spring, as well as arab winter. >> kelly: sure, because we no longer have hosni mubarak there who had a strong alliance with the united states and strong alliance with israel. at this particular time now that you see the arab spring, would you classify egypt a friend or foe to to israel and for that matter the united states. >> i think that egypt represents a country in transition. as long as cooler heads prevail and suspect they will. because the egyps military

receives a billion plus dollars in military assistance and hundreds million more in excess defense articles, egypt and israel have a fundamental strategic stake in keeping in peace treaty intact. so, egypt is still very much a friend of both the nights and israel, but let's be very clear, the arab spring and the arab winter is going to force a contraction in the amount of space that both the united states and israel have to operate in this region and things are going to be tricky for both countries. >> kelly: tricky, indeed. let me ask you next month the u.n. decides what's going to take place in terms of the palestinians and israel. how might the situation between egypt and israel affect na as well? >> well, i think that's headed for, if we're lucky, we'll out of this without a lot of broken diplomatic crockery.

but the reality, there is no peace process right now, and the chances of a conflict ending agreement between israelis and palestinians, under these circumstances, are slim to none and the egyptians will not play ball any longer, with the united states and acquiescing to this impasse. >> all right. aaron david miller, you gave us awful lot to consider and watching in the middle east as it continues to unfold. >> appreciate it. >> jamie: we're seeing violence on the streets of syria and it's escalating actually. this is debate the president declaring an end to a five month military crackdown, at least 20 more people reportedly killed since he made that pledge on wednesday and witnesses are also saying that soldiers in tanks are patrolling the city on the streets and experts are claiming the latest crackdown, maybe a last minute attempt by assad to hold on to power he he has following the

international calls for both factions and for him to step down. >> and over in libya, a critical battle may be the key to victory there. word now that rebels claimed control of brega. and helping rebels narrow in on gaddafi's strong hold in the capital of tripoli. the libyan dictator has seen his control shrink, the last weeks. >> jamie: there are questions back at home over the political fallout. did you see this bench clearing brawl on beijing's olympic arena between u.s. and china. during vice-president joe biden's visit, watch this.

melee, folks. what happened to sportsmanship. peter doocy live from washington. he's a team player and you would never engage in that sort of thing. >> no, never. >> jamie: what happened between these two teams. >> the rockets and hoyas, this time they shook hands before the hoya's left beijing for shanghai. >> yeah, we got together and shook hand and you know, the coach and i talked about things other than basketball, our families and you know, we both are ready to move on. >> reporter: the two slots signed basketballs for each other before georgetown continued on the goodwill tour through china. and vice-president joe biden is in china and even though he's there, and the others by the military. the coach says this was not political and fights are familiar will basketball fans in china. their national team has been penalized thousands upon

thousands of dollars in fines for brawling in the past. a recent fight took somebody from brazil in a neck brace, no injuries so serious this time. as they're the at the airport, they are he' continuing to move on, jamie. >> sound like one game you don't want a front row seat. >> throw the seats down on to the court. >> jamie: right. so we're a for giving nation, what about the chinese, what are they saying about this reconciliation? >> the chinese vice foreign minister came out and said, quote, my understanding it's all cleared up. we're pleased about this outcome and it appears that the outcome is final. georgetown is now in shanghai and they're going to play a different team there tomorrow before they head back here to d.c. on wednesday. >> jamie: all right. hopefully more calm, you know, reception that they will get. thanks so much, peter. good to see you in washington. >> yes, thanks. >> kelly: all right. from the basketball court to the roadways. american auto maker ford introducing a brand new well placed high powered sports car

and instead of setting their sights on american competition, they're looking overseas. fox news' gary gastelu taking it for a spin. >> ford mustang is a common sight on race tracks across the united states. often, of the quarter mile variety. but this one is it different. >> the 2012 boss 302 resurrects a classic name from the pony car stable and was intended to run with the thoroughbreds on road courses like the one here at the monticello motor club. when ford designed this, it wasn't aiming for the obvious competition, like the chevrolet compare he mow, it set its sight on the gold standard, the bmw m-3. as the name suggests, it has the same 302 cubic, 5 liter v-8 found in the gt. with the intake system to give it a boost in output to 444 horsepower, and sound sweet

literally, quad exhaust pipes. oh, don't mind me, i'm just making a few modifications of my own. actually i'm just adjusting the suspension which is lower and tighter than the one in the mustang gt. but that's five settings and on the way to the track and give it viagra he when you want to get down to business, on the track. to take advantage of the increased level of performance looking at new 6 speed transmission, recalibrated steering, traction control and anti-lock brakes. i have driven a lot of sports cars at monticello motor club, including the m-3 and this is definitely on par and does things in its own way. plenty of poise through the turns and the interior may not be as nice, but for 41,000, the price is. once the tires and transmission and everything warm up, this thing is a blast. this is the 5 liter mustang being all it can be.

almost. you see ford also offers this in a special leguna seca panel a racier suspension and no rear seats, you can't bring the kids along, what a shame. monticello, new york, gary gastelu, fox news. >> jamie: college students, could they be sitting on top of the next financial bubble. new warnings out about student loans next. motorcycles, boats, even rv's. nobody knows where he got his love for racing. all we know is, it started early. casey mears, driver of the number thirteen geico toyota camry. geico, saving people money on more than just car insurance. a mouthwatering combination of ingredients...e for you! i know you're gonna love. [ barks ] yes, it's new beneful healthy fiesta. made with wholesome grains, real chicken,

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>> welcome back everybody. there are serious new concerns on america's next potential financial bubble. it's the skyrocketing volume of student loans. and the reason is that some economists are worried that the massive u.s. debt could drive up borrowing costs, higher than most students will be able to afford. fox news business contributor joins us now, and gary, good to see you. >> good seeing you, thank you. >> jamie: fortunately, i assume you and i have paid off our student loans, we're one of the lucky ones, but those who are trying to get money are having a tougher time. those graduating and want to pay it off and aren't finding jobs are having a harder time. doesn't it mean less money in our economy? >> it's a vicious cycle, at this point in time, look, when you have student loan debt go up 500% in ten years and growing 10% a year and that's worrisome, you know, a student that has a lot of debt coming out of college is back to not buy and that hurts the economy

and circle goes around and around in addition to everything else on a daily basis. >> jamie: how hard is it to get student loan money from right now. >> from what i see it's still pretty ease toy get student loans. that's the problem, anything can get it and when they're handing it out and some people can't pay it turns into what we're seeing. the problem going forward is when something like this can get so large, that's where the bubble talk comes and about who is going to pay this off and the fact of the matter is, it's all about employment now, and if unemployment stays high, it's not going to get paid off. >> jamie: so, is is the cost of a higher education still worth it? >> i think so, if you look at the statistics, the answer is absolutely yes. but i have to tell you, i think at this point in time, somebody's got to sit down with the colleges and talk to them about what the costs are, because these numbers are getting much, much, much too big. and as i said, for me, the two words vicious cycle, once it gets out of hand, very tough to turn it back around. >> you know, gary, the administration talks a lot

about creating jobs and talks a lot about investing in technology and new industry. and we really should be investing more in education, this, everybody seems to agree. can our government do anything about it? we've seen stimuluses, we've seen bailouts, why not give some incentives to students to continue their education at a rate they can afford? >> well, when all is said and done, it is about education, and that's where it starts from. and grade school all the way to the graduate school, so, i believe you do have to invest in that, but that starts with the teachers, the colleges, and the high schools, and to make sure that things are being done right and in a cost efficient fashion. the problem is, i don't think there's a lot of efficiencies out there and i think we're just so bloated, so many departments, i don't think we know who is minding the store at this point in time and i think the government's got it get much better at this. >> before we go, 15 seconds, if you're a student going to school, should you consider putting your education on a

credit card? >> definitely not, because you're going to be paying 18% on that. you get a student loan, much, much less, don't ever consider the credit card for education. >> jamie: all right, shop around then. gary, i hope we helped folks today. >> my pleasure. >> kelly: a warning about a critical shortage of life saving medications right ear in the u.s., talking about cancer drugs and anesthesia. how did this all happen? and what do you need to worry about? ♪ and letting go ♪ over the river and down the road ♪ ♪ she was waiting up around the bend ♪ ♪ smile at me and then you take my hand ♪ [ female announcer ] nature valley granola bars, where delicious ingredients like toasted oats, with rich dark chocolate, sweet golden honey, or creamy peanut butter come together in the most perfect combinations. ♪ i was thinking that i hope this never ends ♪ ♪ yah, i was just thinking ♪ i hope this will never end

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>> welcome back. the u.s. is facing critical life saving drugs and the feds are scrambling to come one a solution. what does it mean for the americans who need the medications? let's bring in dr. carolyn cromwell, assistant professor at new york's mount sinai school of medicine and the member of the fox news medical aid team and talking about cancer drugs being possibly unavailable for so many people who need them. how do we get to this? >> that's right. it's really unbelievable and so concerning for patients and doctors. and we're all in an uproar about this. and there seemed to be a few factors playing into it. and it's really about supply

and demand and certain, for certain drugs, only a small number of manufacturing plants are making it, if there's a problem with contamination or a problem at the plant, the drug production gets held up and we also know that economics plays into it. and some of the drugs we are he' missing, these are basic drugs, steroids, basic chemotherapy drugs and they're inexpensive. we're not talking about the newest drug, we're talking about our older drugs on the market and less of a profit to be made by making them. >> you're talking about important drugs, too, dealing with one of the most dreaded diseases in the country and what are doctors now doing in the loss or absence of the drugs? >> well, the doctors are rallying together and our colleges are grouping together and trying to get the f.d.a. to make it mandatory that the drug suppliers notify them early if they anticipate a shortage. doctors themselves can recognize the pattern in numbers, the patients with certain cancers and try to anticipate shortages them and

working with pharmacists to understand what alternative regimens may be available. >> kelly: and the patients hearing this and coming to the understand that there's a problem out there, what are you advising patients to do. >> i imagine this must be stressful and emotional for certain patients and the best things to do, to have a conversation with your doctor. talk to them and ask them is a shortage possible with the medication i'm receiving? what do we do if there is a shortage and what other alternatives are there, try to be prepared. >> and being prepared, that you still have the fear factor weighing in on those patients and that stress can even add to their illnesses, is that right? >> absolutely. i think we need to face this and tackle this issue as soon as possible. and physicians and patients are working towards this and are very distressed about the situation. >> kelly: if we fail to turn this around, what will happen out there? >> well, shortages may continue. i do anticipate we may see more shortages to come. so what we need to do now is work on what solutions we can

do and less in the future. >> kelly: in your practice, have you ever encountered a situation like this before, where there's been a shortage of particular drugs to meet the needs of cancer patients? >> i understand at the hospital, i do hear about shortages of various drugs and doctors trying to do different things to conquer it, i'm not treating these particular submarine set of patients here and doctors are in an uproar and trying to find drugs for their patients every day. >> absolutely. >> thanks, those patients don't need added stress, right, kelly. >> kelly: not at all. you've got to fight a he dreaded disease and not to have the supplies, that's terrible. >> jamie: thanks doctor. >> kelly: that's for us, thank you, doctor. >> thank you. >> jamie: for kelly wright and me, i'm jamie colby, see you tomorrow morning at 10 a.m. keep it right on the fox news channel, because the journal editorial is next, journal editorial report, that is, have a great day everybody. end to recovery. proper nutrition can help you get back on your feet.

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