i think it's risky. >> neil: what are you doing then? >> well, i'll tate vanguard total -- take the vanguard total stock market. i don't know if the market is going up or down. this is a way to be sure you're in it, including global. but in appropriate measures. >> neil: what do you think? >> absolutely not. the market sideways for 11 years. gout to find individual winners if you want to beat this. >> neil: it is hard in this environment. that will do it here. jerry, good seeing you. stay with fox. your network for business any day. ♪ zero, job growth. new signs that the president may be zero-ing in on the right idea. another dismal jobs report getting president obama to stop the 90 million dollar regulation. the gang said scrape them all. >> and welcome to forbes on

fox. steve, and rich and bill, and ky and kim and karen. steve, we'll talk about this. this is the rules that was scrapped. not too impressive here. but look at what we have to deal with now. shouldn'tee get rid of this? >> and we create jobs. environmental protection agency is now the environment punishment agency going after coal powered plants and this is ridiculous. go to the white house up until now regulations help create jobs and like the old cigarette companies saying cigarette smoking is good for your health. not reliable source. >> so many regulations to talk about here. boeing, nlrb. is it regulations run amuck.

>> when you travel around the country and talk to ceo's from companies large to small, the boeing thing has had a chilling affect. the problem is because the nlrb said that boeing can't build a plant in south carolina which is a right to work state. what happens is, on legislative actions you can predict what is going to happen. when bureaucracies and burr crates rule on things. you don't know what is coming down on the pike and business people decide to sit on their hands and not hire. >> regulations cost billions to implement. why don't they think about that. >> and they just focus on issuing more and more regulation and no consideration and cost benefit of the regulation . that's the real problem here. >> bill, to you. a lot of folks worried about

the regulations and do we have too many to get rid of them. >> don't expect to increase employ: it adds to jobs. the example epa want to dismantle the coal industry and replace it for something less efficient. colorado agency that regulates day care centers has a rule of how many dolls. and the problem with regulation is totally different. destroys our standard of live freedom. >> kim, to you. all of the regulations and cutting jobs here, is time to talk about new regulations? the economy is in shatters. >> regulations have nothing to do with the job market. the issue is the economy. they are proceeding with caution. who they have to answer to.

i hear snickering in new york. but the issue is that these companies are trying to proceed with caution. they have to worry to shareholders. cash flow is not an answer. >> regulations increase cost to companis and ultimately have less money to spend in. u.s. companies raked in 940 billion in profits. they can afford them. the issue is where are they spending the money? stock buy backs and take overs and increased dividends. they are costing that are justified. exincreasing expenses hammered by the stock market. >> it is not just about how much money you have on the books, it is how much money you are willing to spend to hire. karen. it is a fragile economy and

worst number in a long time on weeks, what do you make of the regulations do they help? >> hind sight is 20-20 and unbelievable to me how short people's memories are. voluntarily regulations don't work and the reason we are in the mess to begin with. >> big mess. steve back to you. ultmightly is president obama going to pay the price for the job's market and is there any way back to the jobs. >> there are numerous ways and having a stable dollar. uncertainty of the tax corrode and repeal obama care and dog frank. and they know it is a burden on businesses. businesses have cash. but why aren't're aren't they put it to work. don't see profitability because of the massive regulations. bill, employers out there and people who could hire. don't you think at the end of

the day they look at regulations and i don't know what is coming down the road next and i will sit pat until member else is it in office. >> it is an issue for the employer. but they have huge pay roll costs anyway. i think for them the issue is more what kim is talking about. they are timid in spending the cash. tom watson ibm's employees busy building inventory. >> tom watson had a company making mon net 1930s and franklin roosevelt was putting taxs and regulations which prevented hem from getting back on their feet . today we face something less severe. regs do kill jobs because of the cost. it is 1.8 trillion. >> (talking all at once.) they can obviously afford it.

>> but they don't kill. >> kim, they will not put it to work until they can get a return on it. -- they would be derlect to put it to work without knowing. >> i do agree with that. >> what about the small businesses. those businesses that create jobs and they face uncertainty and agencies like consumer safety commission they are issuing ridiculous regulations that destroy safe products and struggling as it is. >> they are killing the teddy bear jobs. >> no. it is creating invasion and creating new yobs. >> what? >> these regulations when you have to find ways to work through the rules and try safer technology. >> so you have to climb an eight foot wall to go to work. no. these regultions are job killers and one thing to have

sense sibble rules and quite another to for the government to tell you what and where to drive. >> the administration concedes they are wasteful and redundant regulations and ordered the agencies to do something and they are not doing anything. it is a pittance. we are facing in terms of regulatory burden is in the trillions. it is nothing. and at this point in the economy we have to do something to get employers confident and hiring again and adding more regulations. >> get rid of that plate pay roll tax holiday and there is a bigger benefit for jobs added it would make more ceo's do that. >> i totally but merrill lynch shows that corporate investment climbed and

employment rose only seven percent. they have the cash and they will not spend it on jobs until they have uncertainty. and that's why we need to get rid of the regs. thank you kim. >> 1100 people added to the unemployment line as another solar company goes bust. should have bust the president's plan on green jobs? and first, the president is headed to new jersey and governor christie has firing words who want to make sure relief aid is paid for right away. we'll debate and you decide next. we believe honor is not exclusive to the military. and commitment is not limited to one's military oath. the same set of values that drive our nation's military are the ones we used to build usaa bank.

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southern louisiana hit with as much as seveninches of rain as residents in new orleans dole with sporattic street warning. tropical storm warning in affect for mississippi to texas x. extending from the alabama coast to florida panhandle. and there is a key al-qaida operative gund down in a raid in his overnight. he was released from gaunt guantanamo and he was in contact with leaders and helped to organize attacks on u.s. and allied forces. i am jamie colby. we'll send you back now to forbes on fox. keep it on the fox news channel. the president's visit to

hurricane irene ravaged wrers jers. lawmakers squaring off if additional recovery should be tied to spending cuts. should dc identify place to before it spends more. >> get rid of the department of the energy and and department of education. and they do absolutely no good and get rid of the regional greenhouse that costs 80 billion in tax payer money. and 365,000 perjob saved or created. >> and steve, do you, you look at numbers and doctors being spent. can't the government find place to cut and dole out dollars in the same time. >> it shouldn't wait for a like irene to do the cutting. natural emergencies get aid in and don't tide to spending cuts.

mike has a whole list of them. i can add to department of education and other programs. you got to getetad now. >> is governor christ right that the government needs to get in right away. >> they can have their cake and eat it, too . provide relief and make the cuts at the same time. everything should be conditioned on budget off sets elsewhere. absolutely everything. every family and business and solid business handled their business that way. we can't afford to keep shelling out without making the cuts. we have 14 trillion in debt here in the u.s. because the congress did not safety guard our money. we can't just issue blank checks. the new york times called out the fed after hurricane katrina for two billion in

wasted mon yerelief effort. we can't afford it. >> fema dangerously low on funds. what is the solution? >> i don't think we should hold emergency aid hostage for other issue having to do with cutting federal departments. i am going to agree with mike on his and throw in a couple of more departments. like the department of agriculture and labor and commerce. they conflict with each other. and there you can't have a emergency and get into the deadline debates of which we are going to cut and when. that is like we can't fund world war ii until after we make 50 billion. you deal with the emergency and waste later. >> morgan emergency first. >> i love the idea of dealing with emergency first. there is disaster relief fund has less than 800 million and. white house is calling for 5.2

billion. and we could off set the spending. i have a simple proposal. freeze foreign aid. in fiscal year 2009. just for economic assistance upwards of 48 billion. take 5.2 billion and put it toward the taxpayers who paid those funds in the first place. >> mike, a list of agencies. what would you do? >> all you have to do is tie federal spending to the rate of inflation and we would have a balanced budget and save us in interest. i am not saying hold the aid hostage. go ahead and come to an agreement over the next six months we have to have a plan where x-amount of cut required. >> the president has declared more disaster. >> but not his presidency a disaster. that's what i am waiting for.

>> can this? that's where they play a role. and it should be done anyway. we'll use that money. >> you don't with gnarl disasters. >> i am not talking about punishing at all. >> rich, what do you make of the scenario. do you pay the bill or piper or wait until you have the money available. >> it is a political disaster for the republican to hold it hostage to people who are suffering. >> it is one of the handful of

legitimate things that the federal government can do and tying one to the another is a mistake. i would add to other cuts. why does the feder reserve need 20,000.

>> new bill reforming how you pend your money and plus, sit back and relax through the labor

and house republicans out this week. the u.s. puts in a billion a year to fund it. most goes to find the burrcrats. they do little to stop gine sight. and now they are getting bothings like population patrol.

and kim to you. is there a better way to solve the problems than being part of the un. >> i think so. it is compared to the american red cross and united way. there is no doubt. and what are you saying. it is difficult to have the institution from the outside. only way to do that is cut off the front mon yeonly way to get their attention. and this is a project they have and posed to be against racism and turned into an anticemetic exercise . it is a farce.

and stopping the plo and palestinian authority using money for terrorism. cut off the fund clean up your act and get the money again. can you fix the un if you are not a member of the un. it is one little problem and they want to cut off the whole organization. it is a clumsy one. >> only way to mend it. you would not be able to look at anything.

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>> morkan? >> it is expanding in the emergencying market and pays a dividend and sweet stock for the long term. >> why, why don't you like it? >> rising commodity prices and plus, i prefer coke. what is your pick. it is huge growing market. you don't like the stock. as for growth. it is in their losses. >> you must like some stock out there. >> if you put money