always. and we'll have david aser on forbes on fox. the network 15 years young and blossomed to a business network . going strong these days. >> here is a game momentum of both sides of the aisle. slashing taxes on dollars parked overseas. would it work? welcome to forbes on fox . we'll go in focus with steve forbes and elizabeth and michael and dennis and morgan. rich, do you think it will work? >> on many levels. this is 1.4 trillion dollars. 1-10th the size of your gdp. and better than the proposal

that obama is proposing. this is a stimulus and would boost stock prices and cause a lot of money to flow in capitol expenditure. you would not see them immediately but down stream inning big numbers. >> it is a private sector stimulus? >> no, it is hocus pocus stuff. companies will look to the future. >> you are not against tax cuts per se. >> correct. permanent tax cuts. corporations have record amounts of cash but not hiring because they see what is coming down the road with health care. you need a permanent tax cut to spur job growth. >> dennis, the point is, even blue dog democrats are on board of this one. >> i would love to make it

permanent. we did this once before in 2004 for an experiment and companies brought home 360 billion and half used for jobs or capitol spending according to the studies. this is a great idea. john chambers said bring home a trillion and not a taxpayer dollar. >> we should say not a tax forgiveness. >> they would have to pay 5 or eight percent on this. >> i understand take it as you can. and get a tax cuts out of these in congress who don't know what they are doing . and don't let the perfect be the enemy of the good. you can do social engineering with the companies. a senate report 150 billion in the 04 tax holiday . 15 companies cut 21,000 jobs and 840 companies took advantage of that. and it didn't increase jobs

and do things like stock buy backs. >> what is wrong with that? >> look at the taxes that corporations have to pay here, second highest in the world. >> that's right, david. you take what you can. in terms of deficit, that would be 180 billion for the taxpayer treasury . others will put that money to work especially when we get a good environment. the government will take that and more in the next few years. >> morgan, we got word that the canadians are lowering their tax rate. >> take it where i can get it. but going to the point of back to 2004, last time we had a holiday, only people who got the holiday were stock holders and according to a national bureau of economic research it

was 60 or 92 septs of every dollar went to stock holders pockets and not jobs. >> dennis is having a fit. >> listen to morgan said. oh, my gosh, it went to shareholders. hey, that money belongs to shareholders and 1.4 trillion doing nothing. and we would bring it home. it is a proven case. >> better to have the money here. >> it is just a holiday, we are not looking at a permanentuation and that money will go back overseas. >> make it permanent. >> it makes my head explode. we need tax reform. and this is kicking the can harder down the road. yes, it is. we need overall tax reform. >> that's ridiculous. >> you know, elizabeth, you

are the one who said don't let perfect be the enemy of the good. >> i get it but it is a distraction. >> of course we need tax reform. it would only benefit shareholders and everyone who has a 401 k. that would add confidence to merp investors and the market would go up 10 percent. >> steve, at least it is something. they have battled inside of the beltway and this is something to do to get the economy moving more. >> yes, it is not a taxpayer's expense and more capitol in the reform. we'll have more ammunition to get it moving. take it when you can. >> and all of the money turning by the fed is boosting the stock market but nothing to lower unemployment. you have to lower unemployment and that comes from true capitol formation and comes

from corporate tax structure. >> and 1.4 trillion more to work with in the states, wouldn't they hire new workers? >> they didn't. >> mike and elizabeth, how it really works. when the stock market goes up. you get the wealth affect and people feel confident and they go out and spend and that creates jobs. >> you will not get a direct trillion in jobs. but you will get a lift in the economy that is tangible. >> going back to richard's point. as many as 80 percent of all new jobs are done by small businesses. until we have reform not see reforms. >> no one argues with that. again, wldn't they use some of the 1.4 trillion to create jobs? >> you would think so. i am not sure what study dennis is listening at.

they did cut jobs. but i am tired of the gimmicky moves because it lets single think they could fix the economy. corporation respond on their own to incentives. and everything coming out of washington looks gimmicky to me. >> in 2005, s&p 500 went up 15 percent and gdp glue and city group said 05 was the only one that grew and not stimulated by the bubbly things. >> dennis, you get the last word. >> very lively discussion. >> one state's capitol city declaring bankruptcy and that is great news for taxpayers. bus bankruptcy is better than a bailout. it is coming up in the bottom of the hour. coming up next, we will get more than 15-- $500 bucks out

of solyndra. and this is the final flare up to finally douce dc's green spending spree. may seem like a trumped-up hollywood premise. ♪ but if you take away the dramatic score... take away the dizzying 360-degree camera move... [ tires screech ] ...and take away the over-the-top stunt, you're still left with a pretty remarkable tale. but, okay, maybe keep the indulgent supermodel cameo... thank you. [ male announcer ] innovative medical solutions. fedex. solutions that matter. you noticed! these clothes are too big, so i'm donating them. how'd you do it? eating right, whole grain. [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios... five whole grains, 110 calories.

[ cellphone rings ] cut! [ monica ] i have a small part in a big movie. i thought we'd be on location for 3 days, it's been 3 weeks. so, i used my citi simplicity card to pick up a few things. and i don't have to worry about a late fee. which is good... no! bigger! bigger! [ monica ] ...because i don't think

we're going anywhere for a while. [ male announcer ] write your story with the new citi simplicity card. no late fees. no penalty rate. no worries. get started at citisimplicity.com. >> live from america's news headquarters. violent rotest in rome. smashing shop windows and police are firing tear gas. it is part of the occupy wall street protest spreading world wide. and a mystery donor offering a $100,000 reward for missing baby lisa irwin. the donor hired him to get involved in the case. the 11 month old baby is missing two weeks now. she was snatched from her crib

overnight. no suspects or major leads in this case. i am kelly wright. i will see you later with james colby and now forbes on fox. >> firsts we had solyndra and now sun power. this solar company receiving 1.2 billion taxpayer guaranteed loan ahead of the september 30th deadline and we learned that sun power may be on the ropes. tove, you say it is proof to stop. >> imagine turning green power to dirty politics. we have a lot of venteur capitalist in this country when they see a good risk they will put money at work. george miller congressman from florida he gets involved and

it is like a swamp. it breeds mosquito and government breeds corruption. >> no way to stop political influence when you have government loans this sign. >> i am not arguing that there need to be clean up where the green loans are well. don't throw the baby out with the bath water. there is interesting companies that are promising. like poet doing the first commercial grade plant and as corp which reported 21 percent increase. so not everyone. >> not everyone. but it is more than just two. there is a lot of others in trouble as well >> that's right, david. this is a bipartisan issue. this ramped up under the bush administration. this is abuse of the public

purse by both sides of the aisle. letting big companies get dirt cheap financing from this china style state run bank run by the treasury department. other big companies that are getting loan guarantees are french companies like ariba and ford and nrg acessing the government pot of the money. it is not right and fair to recollect businesses that are not doing it. >> the bottom line of the whole project. when you spend recollect people's money as the department of energy folks are, you are less careful where it goes. >> not in when you are trying to solve big problems, you have to take big rick. one of the top venture capitalist empraces the failed strategy. he's trying to solve a major

problem and will invest in 10 companies to solve that problem and nine out of 10 he knows is going to fail . the 10th company that doesn't succeed he will see a huge return on it. >> rich, you are in california. i talked to so many people. we knew solyndra was a terrible business model and president's own people got memos saying it was a bad business model and he couldn't stop it but it was not his money. >> it was not his money and another fact that is bad. it demoralized the people who are not connected. steve jobs died last week. can you imagine if steve jobs and steve wiskcan. it is demoralizing. bill clinton had it right. you should be able to play by

the same rules. >> the point is emac there is so little accountability. there is so much dirty business not only with solyndra but the sun power deal. >> that's right david. wusun power is out of that project but helping to operating the solar ranch in california. sun power admitted the revenues would plummet if it didn't have the government backing . the treasure run bank is run by time geithner and so by statute must help out government projects that congress wants. it is not right. the department of energy is supposed to oversee our nuclear stock pile and not in the business of financing. >> and even other foreign countries spain, pulled out

from the subsidation. and a company that is a spanish company, and the spanish government pulled out and we are bailing out the spaniards. >> you know we need to be energy independent nation here in the united states. >> we'll not do it by fund something that is not working. >> we are going to have thing that is are going to fail. in order for us to find success. we need to be okay with failing. >> and the blunt truth is, david, government is not a venture capitol industry. it reeks of politics and in spain every job they created. remove barriers to other energy sources. that's how you get private investors to go to work. >> we have a lot of energy, here, gang. up next.

we think we found out what occupy protestors want. and it could cost taxpayers half a trillion with a t. coming up next. luck? i don't trade on luck. i trade on fundamentals. analysis. information. i trade tradearchitect. this is web-based trading, re-visualized. streaming, real-time quotes. earnings analysis. probability analysis: that's what opportunity looks like. it's all visual. intuitive. and it's available free, wherever the web is. this is how trade strategies are built. tradearchitect. only from td ameritrade. welcome to better trade commission free for 60 days when you open an account. tltltltle trade commission free for 60 days emotional here? aren't you getting a little industrial? okay, there's enough energy right here in america. yeah, over 100 years worth. okay, so you mean you jus. actually, it's cleaner. and, it provides jobs. and it helps our economy.

okay, i'm listening. [announcer] at conoco phillips we're helping power america's economy with cleaner affordae natural gas... more jobs, less emissions, a good answer for everyone. so, by reducing the impact of production... and protecting our land and water... i might get a job once we graduate.

they are occupying wall street but is their real goal to make taxpayers take on the debt .

>> recent sursway making one demand laud and clear. they want their student loans, are you% forgiven. there is more than half trillion in college loans all

guaranteed by taxpayers and this proved that the protestors are looking for a free ride on the back of taxpayers. >> they are getting paid 11.40 an hour to potest here in san francisco. i was stopped behind one of the protest in the financial district and they were like professional protestors. and i looked them up on craig's list and there was an ad asking for protestors, why don't they renegotiate some of the loans and add a little bit of. >> they are using a free market solution to get more protesters. and what about the forgiving of protesters. >> real problem is that colleges and universities and people running them think they are donald trump running the empire and blowing out the campus with lavish gyms and

cafeterias. i hear what they are saying. look at our private college tuition is going to double to 341,000 for four years that. is a lot of money. >> do we forgive right now all of those student loans. i paid off my student leans. >> no, you buy something pay for it . you shouldn't force others to pay for it look. i am proof that a college education doesn't make you smarter. >> it gets you a good job. what do you think? >> we have to do something about student debt. it is the next financial crisis. and the average law student graduated with average #2000 -- 92,000 in loans. many can't get jobs. >> unemployment for people with a college education and

forget a -- down five percent . so, it does help you to get jobs if you have a college degree. but do we forgive the college debts? >> we need a loann forgiveness program that is tied to the creation of jobs. >> do you agree? >> get the government out of it as much as possible except for veterans. when the government does these loans, tuition goes up and opportunitis and parents are left holding the bag. most of them are bloated with staff and government pours more money and we pay for it. >> yes, that is a point. i would like to see signs in wall street and san francisco talking about that and how the government is messing up the waters here instead of signs that read support anarchy and another sign tells me don't tell me what to do. >> the colleges and universities are immune and they have an ivory barrier.

they don't have a cost benefit analysis of how much we have to pay for our kids. >> do you realize that 90 percent of the loans are for profit universities and why do we make them a little bit more accountal. and make the most deling quent student loans ineligible for taxpayer government guarantees. >> the big problem is, any time the government subsidizes food or education and energy, costs go up. the people are aware of the subsidy. and take away or reduce the tax exemption as being a nonprofit. and thank you very much, gang. >> coming up. we'll see it this time of year, some stocks popping and the companies reports huge profits and the names ready to take off this season coming up

next. every time a local business opens its doors or creates another laptop bag or hires another employee, it's not just good for business. it's good for the entire community. at bank of america, we know the impact that local businesses have on communities. that's why we extended $7.8 billion to small businesses across the country so far this year. because the more we help them, the more we help make opportunity possible. when i got my medicare card, i realized i needed an aarp... medicare supplement insurance card, too. medicare is one of the great things about turning 65, but it doesn't cover everything. in fact, it only pays up to 80% of your part b expenses. if you're already on or eligible for medicare,

call now to find out how an aarp... medicare supplement insurance plan, insured by unitedhealthcare insurance company, helps cover some of the medical expenses... not paid by medicare part b. that can save you from paying up to thousands of dollars... out of your own pocket. these are the only medicare supplement insurance plans... exclusively endorsed by aarp. when you call now, you'll get this free information kit... with all you need to enroll. put their trust in aarp medicare supplement insurance. plus you'll get this free guide to understanding medicare. the prices are competitive. i can keep my own doctor. and i don't need a referral to see a specialist. call now to get a free information kit. plus you'll get this free guide to understanding medicare. and the advantages don't end there. choose from a range of medicare supplement plans... that are all competitively priced. we have a plan for almost everyone, so you can find one that fits your needs and budget. with all medicare supplement plans, there are virtually no claim forms to fill out.

plus you can keep your own doctor and hospital that accepts medicare. and best of all, these plans are... the only medicare supplement plans endorsed by aarp. when they told me these plans were endorsed by aarp... i had only one thing to say... sign me up. call the number on your screen now... and find out about an aarp medicare supplement insurance plan. you'll get this free information kit... and guide to understanding medicare, to help you choose the plan that's right for you. as with all medicare supplement plans, you can keep your own doctor and hospital that accepts medicare, get help paying for what medicare doesn't... and save up to thousands of dollars. call this toll-free number now.

>> earning season taking off this weekend and can boost just like google . now our informers ready to pop. >> yes, it is still down off summer highs and signing a lot of contracts and expected to grow 8.5 percent. >> you like it. >> it is a defense contractor and defense is getting cut. and buy cisco. it is going to come back. >> kim is shaking her head no, why? >> no, trimming the fate doesn't help. cisco has a lot of work to do. >> you like amaaron. >> yes, it is a healthier