and you like it way, way overvalues and sell it now. and thank you very much. have a great weekend. cheryl casone and cashin in is now. >> a bonus bonanza on taxpayer's crime. >> which this is millions of americans are struggling living paycheck to paycheck. should taxpayers get the money back or are they deserved. welcome to cashin' in. >> and tracey burns and john lay field. welcome to all of you. and tell us what you think. this is close to half billion in government bonuses that they paid out. you think they should give it back?

>> of course. it is outrageous. the government is not profit oriented and not supposed to be rewarded. that's what you get. you are hired to do a certain job and fulfilled that job and you are rewarded for that salary. you don't get a bonus or anything extra. your earnings and revenue is higher . all of those things . that's what a bonus is for. that price is set and what it should be. there should be no bonuses and that is an interesting point. obviously bonuses are part of it. but should it be that way with government jobs? >> this is the animal farm syndrome. in the private economy. paid with private dollars and in the government that is a tax dollar. and that's good. i have to say i disagree with

wayne. the problem is the size and scope of government in the last five years that grew in terps was work force. and we have researchers and libarian and doctors and teachers and public servants on the doyle. that needs to change. >> johnathon, the question is about bonus and not whether the work force is too big. >> these are government jobs and they are taxpayer funded jobs . it is what we need to work . veteran affairs and top bonuss and pay out the most amount wise and energy and bonuses right for the agencies . maybe should it be salary. >> i tend to agree with wayne when the economy is in trouble. i don't think they should get a bonus.

remember the obama administration froze all . wages and it is apainteys and cut it by 40 million dollars. and the bonus program that existed since 1978 gives one in 10,000 works an extraordinary level a 37 bump in the salary because they did that well. in good times, can you make the argument and i think you can make the argument now. and i think you have to keep in mind this existed for a long time and the obama administration if anything is cutting back on pay and benefits for workers. >> jilliana is correct about the amount of bonuses and having said that to gsa. the average bonus is 1,000 which is controversial and people are angry about that. do we need to address that. >> look, cheryl. it is hypocritical, right.

>> we are coming down on wall street bonuses getting paid and it is okay for the government to get paid. i agree, i am on both sides of the fence as far as the way they are stepping up. they should be paid on merit. you deserve a raise you should get it we are trying to cut down and hone in on the expenses . stop the spending and it is bad pr yet again. and do you think they should pay bonus and should they are available when it is taxpayer mon yenot private business money? >> it is a fair market value. and they are saying yes. if these guys are doing something that is extra extraordinary. it is what they would be making outside of government and i have no problem with that and teachers who are excelling in classrooms and getting bonuses because they

are teaching kids how to read and know how to do math. the problem in the entire government you have graphs from top to bottom. we can't do anything about it. we can do something about it you need to appoint johnathon or research guys. >> no. >> we'll point out. i want to point out something. johnathon, i want to point out something to everyone. this is a difference in salary between a federal work scer private worker. 76,000 is average salary for a federal worker and 51,000 to the private worker. >> that is the bonus working with the federal government where no one gets fired is the benefit. benefits are higher than in the private sector there. is a bonus to work with the

government. why is a bus driver or teacher not considered a public worker. is there anything to pay a transmittal role. >> that data is wrong. you are basing it on a ceo study that compares the educational levels . you actually compare. >> let me finish the point if i may. >> sure. >> you compare actual jobs in the government and private sector they are close to being on par. >> and that the number in the bureau. and that's where we got them. >> that's the average annual salary with bonus and in addition to that bonuses are where many taxpayers wayne are frustrated. >> i am at a loss to the

reasoning and if they say you do a good job you are entitled to the bonus. and that is in the federal government. there is a standard salary and you get paid for doing that. you are not doing any better for that. and in the private sector and because there is a profit motive and sales revenue that is above what you do. that is not true. no one is telling you to do a better job. but telling you to do a good job. and you should be paid for that. >> maybe that is the problem. >> let me finish. >> and the whole theory of getting more money for doing your job is wrong. we are promoting apathy. and we'll make $50,000, i am working at a ep i level. i will not do better or worse. i will get that paycheck either way. maybe that is part of the

problem . they know what to expect and they will get our money whether they do a good job or not. >> they will not get fired whenif they do a bad job . not punished for doing a bad job . politicians that created that environment are running in the environment they created . sometimes a washington outsider and needs to be over hauled. >> one progressive on the panel. im sympathetic . trying to do it in the 1990s . we need far more accountability. and i have a great idea. we need to get rid of the waste and fraud abuse . not get the paper pushs and libarians . blue ribbon committee. >> i saw them.

and lets have everybody in the f.b.i. and police arrest more people. that will show they are doing a better job. are you all nuts in do a whole series is wrong and it is insane what you are advocating. and coming up. big labor waging a battle and is it asking for more job losses? . in the latino community the word that we use is jubilation. as you're getting older, you should be able to do the things that you love. of how a shipping giant can befriend a forest may seem like the stuff of fairy tales.

but if you take away the faces on the trees... take away the pixie dust. take away the singing animals, and the storybook narrator... [ man ] you're left with more electric trucks. more recycled shipping materials... and a growing number of lower emissions planes... which still makes for a pretty enchanted tale. ♪ la la la [ man ] whoops, forgot one... [ male announcer ] sustainable solutions. fedex. solutions that matter.

lookin' good, flo! feelin' good! feelin' real good! [ engine revs ] boat protection people love. now, that's progressive. call or click today.

>> it is two big battles with the big labor. maker of twinkies . unions play hard ball in concession talks. american airlines are refusing to sign off there. this is more examples of unions jeopardizing jobs in american. >> look at what hostess and american airlines and public said.

labor cost for union workers and put them on the brink and out of business. a job must benefit the employer and union bosses and time after time. unions destroyed the engine itself and productivity that pulled it forward. they are taking the meat from the jones and go to the next prey. >> look the unions are powerful. flight and maintenance and baggage. you need the still to run the airline and should they have a say in how the bankruptcy goes forward for the americans. look what they are doing as a company. it is not pilots and stewardess. but what about the flight chance. look at hostess. it sot just hostess people

losing their job. they want and ask and don't know what else is to shrine. and that is tracey burns and that is no idea. and jillian on the side of hostage. they have two separate trucks and one is one food and can't share a truck over at hostess and one of the issues . does that mean the company should be liquidated. i don't think it is just the labor problem but the fact they sell junk. and i think everyone loves to make it. and they love to make the labor unions the fall guy. and labor unions all over the country have made concessions and it is a health care cost

and auto industries and they are folks who gave us weekends and gave us child labor laws . and they are for giving us the middle class. and that is the cost. i disagree. they tend to create jobs. i don't know who they had helped. it is the union leaders. it is totally false. and you can rest with them. fact of the matter is. these union if i weres are crumbling. i want to take it over.

it is 1.2 billion. and they have signed on and two to go. that does save the company and jobs then. >> it may or may not. if you have a union dispute and workers and managers are having a dispute, there is a way to solve that. they go in the bankruptcy court and that's why it exist happened at general motors and the federal government got into that one. that is the way it should be settled. unions are not doing anything morally wrong . management is not doing anything morally wrong. >> and that is general motors and so please let me finish before you interrupt . the unions and the management have to work that out. they go to court and they work it out in a free market system and you would underwrite that. >> and that is a issue of

whether or not it saves jobs. do you think that if they come to agreement, it is worth saving jobs verse us the destruction of two big american companis and brands. >> jillian is 100 percent wrong. there is nothing unhappy about a chocolate filled cream. >> yes, you want to save jobs and not the unions fault. you have scott boris as a super agent and 25 million for a baseball player. it is the management fault for being stupid . nothing wrong for the unions asking. there is nothing wrong with them asking. it is the politicians that are agree to saying that they know they can't fulfill and that is where it breaks down. and struggling states are

plugging budget wholes. the federal government man dated the program. is that the problem. at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's anothereason more investors are saying... [ all ] i'm with scottrade.

>> there is hundreds of millions met for struggling homeowners. they are making donors big

hello, i amuma in washington. president obama is meeting with the world's eight richest countries in camp david. and talking about the european debt crisis that some fear could spark widespread financial turmoil. the leaders have covered a lot of ground from iran, north cork korea and sir yampt >>

three are charged with terrorism in chicago. they were planog making molotov cocktails. the men maintain they have no idea where the charges are coming from. we'll have live team coverage of the g-8 and nato protest. we'll have eric cantor speaking out in the national defense authorization act. that and more coming up. i hope you will join us. state governments are diverting cash with the banks and use to fill budget gaps. that's why government rescues never work. states are getting 34 percent federal transfer and big

brother and federal government and not balancing their budget. stimulus you had to buy american bond and going to funding things and they don't have to worry about manage keeping their house in order. this is another example of that going on . somewhere it has to stop. you think it is fair and should it go to struggling homeowners? >> and that was what it was alicated for. governments don't keep agreementings. goodbye usa and hello greece. they are all doing the same thing and copying the federal government. spending money they don't have and sooner or later we'll file for bankruptcy. >> is anybody surprised by this? this is giving a crack head mon yesaying go buy carrots and lettuce u. really? you thought that the government would spend it. >> or cupcakings. >> yeah. that's true, johnathon. if i give you money to buy

apples, you would buy cupcakings. states should be ashamed of themselves and so is the feds. >> i would buy one cupcake and one apple and both sides of the trade there. but the bailouts don't work. they prompt the problems to elonigated and this is essentially theft plain and simple. once you make the banks scapegoats whompt cares what they do with the money? they give it to struggling homeowners or people who pay the lighting and heating bill. it is free grab. >> and jillian. everyone was going against the banks and how dare they and now we are seeing where the money is going. it is frustrating. >> it is outrageous and a 25 billion settlement for victims of fraud practice and the states are use as a slush

fund. the federal government should have put the conditions. it is nonsense it is counter factual. we know that tarp program has worked. and billions of dollars. and the auto industry bail out worked. >> that is blaattently lost true. >> no one lost money in general motors. >> we haven't made back all of the money on the autobail out but have on tarp. >> unfortunately. >> and it is besides the point of the discussion. it is about the misuse by the states in the settlement money with the banks it is outrageous and feds should have stopped it. >> we all agreed on something that is rare. jillian thatchings for joining us. >> thank you for having >> coming up. same lawmakers bashin the guys for making big bucks and

keeping quite about facebook. more selective outrage from lawmaker in dc. from helping to revitalize a neighborhood in brooklyn... financing industries that are creating jobs in boston... providing funding for the expansion of a local business serving a diverse seattle community... and lending to ensure a north texas hospital continues to deliver quality care. because the more we can do in local neighborhoods and communities, the more we can help make opportunity possible.

you walk into a conventional mattress store, it's really not about you. they say, "well, if you wanted a firm bed you can lie on one of those. if you want a soft bed you can lie on one of those." we provide the exact individualization that your body needs. wow, that feels really good! once you experience it, there's no going back. at the sleep number memorial day sale, save 40% on our innovative sleep number silver edition bed-for a limited time. only at the sleep number store, where queen mattresses start at just $699. male announcer ] remember when you were a kid? you liked getting dirty and building things. there were no limits -- you cod move mountains. the john deere 1 series subcompact tractor -- the way grownups move mountains. and with autoconnect implemes, it's the easiest tractor to use what will you create? discover the 1 series at johndeere.com/1series. great financing available

it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. i never really thought i would make money doing what i love. [ shapiro ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com, we put the law on your side.

>> it is time for what is i need to know for next week. tracey? >> they come down on banks, ceo's and oil ceo's. how come no one talking about facebook or apple? it is selective outrage. interesting. >> john? >> no upside surprise out of europe and overwhelming odds that greece drops out. euro. stay with defense . buy stocks with at&t. >> and i look couldn't find them. wayne? >> if you are interested in biotech. check out qucorp. they buy back their own stock and have confidence in it. >> johnathon. >> 75 years after the introduction, spam is still going strong. four cans every second. they aring -- are