trash the u.s. dollar. >> the dollar goes down this fund goes up. bill, do you like it? >> i do but there's a cheaper guy get anti-dollar exposure make sure your foreign funds do not hedge away the currency. >> that's it, have a wonderful weekend. thanks for watching. keep it right here. no wage just crickets, silence from seniors as news breaks that social security checks will not be going up for the second year in a row. why is president obama and speaker nancy pelosi trying to make sure they do? hi, welcome to cashin'in. with the election closing in the democrats going all out announcing a lame duck vote to hand out $250 to seniors who won't see a cost of living adjustment in social securive. the -- social security.

jonathan says the silence says it all. welcome to everybody. jonathan, what is the message you are hearing? >> americans weren't raised in the culture of entitlement. they see the handwriting on the wall. they see the house of cards we've created with these entitlement programs, trillions and trillions in unfunded liabilities. perhaps most frightingly they turned on the tv and sees what happens in europe when those promises don't get kept. people are ready to start making tough decisions to dismantle this entitlement state. >> john, if you take the $250 anded add it up with all of the check going on -- 14 billion dollars, john. that's a lot of money. >> it is a lot of money. jonathan is right, unfunded liabilities. when you put gap adjusted measures to the unfunded likes the united states is facing right now, our balance

sheet is worse than zimbabwe and greece that is how bad we are. with eisenhower his congress said open up social security. for decades politicians have not made tough choices. we've robbed from future generations. we are a conundrum now. we are going to pay china every dime we owe. one thing we are going to default on americans depending on this. 250 aside we are going to default on this >> a lot of people do depend on this money if you look at the break down of social security, 1/3 of retirees it is 90% of their income. >> and it has a 90% popularity in all the polls. i think you can't be serious about cutting government spending unless you are serious about cutting entitlement spending. this is my big beef with the tea party. when you ask them to be specific about what you would do about social security more

particularly medicaid and medicare, where the real problem is, nobody wants to be specific. the two things we could do would be means testing for medicaid and medicare and social security. i think we do some kind of indexing. >> wait a minute, wait a minute! [ talking over each other ] >> let me finish the point. neither political party, democrats or republicans, i say this as a democrat, have the political guts to step up and do anything about it. >> wait, i'm sorry this is so ass backwards, we are going to cut off the seniors that go to the store everyday and buy milk and sugar, cut them off at the knees because of the entitlements, but we are going to let nancy pelosi take her damn jet across the country every third day? this is so stupid and they don't know where their heads are and now they are backtracking thinking seniors aren't going to vote. it is about the vote not doing the right thing. >> your position is we shouldn't do anything about

entitlement spending? >> we should. >> what should we do? >> cut out the garbage spending the bureaucratic bs that guess on down there. >> that's the cheap slogan everybody throws out, it is meaningless. >> hold on, wayne what we are talking about is a cost of living adjustment that will not come in for 2011 for those who take social security. they want to add in the extra money. it is up to congress. congress is writing the check. is that a fair thing to do? why aren't seniors more angry? >> well, seniors are not necessarily less angry you just haven't heard from them yet. number two, the $250 they are sending out now is buying a vote, coming up to an election they are just trying to buy votes. the congress once again passing out money so i can get a vote in return. the entitlement problem as a whole, i think julian is right

you've got to attack the whole thing. not just social security, all of the welfare stuff, all of the medicare and medicaid and all of those things. you've got to do it across the board. sooner or lighter and john is right we have a disaster and we have to face it now or later. politicians don't want to face it now. >> maybe people are just giving up. we have not heard from the senior groups yet. maybe we will, as wayne says. maybe they are ready to sack few like everybody else is get the deficit under . >> i think most americans are accustomed to paying for their own health, their own education and retire programs. when president bush talked about privatizing social security the left went crazy. the fact we have to hope and pray to get an extra $250, how safe is a safety is dependent year after year at a bureaucrat's whim? >> privatizing social security had all kinds of problems --

[ talking over each other ] >> by the same token jonathan, when democrats three, four hundred billion dollars out of wasteful medicare and medicaid spending in the medicare bill you heard republicans attacking for going after entitlement spending. it happens on both sides. >> no, it doesn't happen on both sides. you can't say democrats are cutting medicare while they are enacting a medical reform. >> that's how they paid for the health care bill, you weren't paying attention. they cut hundreds of billions out of medicaid and medicare to pay for. republicans are attacking them for cutting the waste down. >> john, are they singling out this group again to get the vote? is it all about getting the >> yeah it is all about getting the vote. they are having a great debate trying to figure out the bravest frenchman right now. figuring out the most

responsible politician between these two parties this is decades in the making. what julian and wayne said is correct this has happened for decades we've passed the buck to future generations. seniors are mad. look at these town halls going on around the country. the problem is they can't did anything about it social at security has eradicateed property for seniors. the problem is the money is not there. i -- i am going to offer solutions, balance the tpubt budget. forget this stimulus bills and bailouts, balance the budget and that involves social security. >> wayne they are being silent this week. we have not heard anything from these groups yet, you think they are going to stand up and start to argue this point. >> yes, absolutely. first of all, younger people are not as affected as much as older people. you just haven't heard from the older people yet. yes, they came out as you rightfully know two years ago, a year ago, when this happened, you heard from them. you will hear from them then

again. in is purely, as i said a defensive mechanism on behalf of pelosi and the administration to buy a vote. politicians are not gonna change they are always going to try to bribe the public if its own money. an outrageous system that we have. >> we report guys, you decide. no rain over freezing social secure -- no range over freezing social security. over france they are protest. great new stuff like answers to last week's poll do you think lawmakers will spend or less after the elections? 57% say more. 36% say less. 7% say same. be sure to check it out and vote in our new poll which is to blame for the recent spike in health insurance rates. the new health care law or health insurance companies? it is all there at foxnews.com/

cost of freedom. the stunning new development that could leave taxpayers on the hook for billions. >> forget the polls, if you want to know who will win the midterm elections look no further than your local movie theater right now. >> on behalf of the entire class i would like to go on record and say socialism works. ñ÷

. i'm chris wallace in washington. right now president obama is preparing for a day on the pain trail. he's headed to massachusetts to rally support for the democratic governor there former harvard classmate duvall patrick. we'll have a live report at the top of the hour. >> former president clinton is also on the campaign trail this saturday. stumping for his one time political rival, jerry brown. according to real clear politics, brown leads republican meg whitman by four points in the race for governor in california. we'll check in live with anita go full at that event in colorado it -- it appears the

senate seat is up for grabs. republican ken buck continue tos to run ahead of incumbent bennet. we'll talk to mr. buck about the campaign's final weeks. more on these and the rest of the day's top political news on the top of the hour on america's election headquarters. talk about taxpayers and consumers being taken for a ride. the "wall street journal" reporting saying using taxpayers green to go green will payoff, turns out chevy is more like a hybrid nan a true electric car. tracy says it is great news. why? >> because it will force us to stop dumping money into stuff we don't fully understand. we don't know if this stuff is gonna, if it is going to help the economy or the atmosphere or anything at the end. stop putting my tax dollars in a place where it doesn't belong. unless you tell met facts. gm didn't tell me the facts, i

don't want my money there. >> they actually lied. if i lied to my investors the way that gm in my opinion lied to the president, to the country the volt is not an all-electric car what have we funded for 50 billion dollars, a 41,000 car that only seats four, takes premium gas. for what? if it is going to succeed it's to succeed for economic purposes. >> the gm is disputing this. basically this is a back-up plan for the volt. if the electricity runs out you've got a gasoline engine on the other side. they have a different take on this >> right ge has said that, i don't think they've been entirely candid that's their fault. no question, there's a huge global market for jean energy. the idea we should be behind the curve rather than in front of the curve, i think is

backwards. [ talking over each other ] >> tracy, i don't interrupt you. >> oh you do. >> there's no question green energy is in the future. no question there's a huge market for it. >> wayne, we've had tax break after tax break and gm a lot for things that are renewable energy, solar, wind, anything gm got a lot of breaks and 50 billion dollars. then it comes out habit this electric car isn't what we thank you is that the right use of taxpayer money? >> well, of course it isn't. it is all in the execution. i mean, you say they built -- it is going to cost $41,000 it cost more to produce that's for the consumer. compared to a prius probably $15,000 that does the job. it is in the execution. the fact is that gm has lied to the federal government public.

all of that is what makes it bad. why can't we do something right? why do we have to bailout people who are constantly losers? >> i drove a hybrid nissan last week. nissan didn't get breaks. they are a private company just selling their hybrids, no tax breaks needed. >> no tax breaks at all. green energy is great because it gets us off of foreign fuel. how is this a secret to the government? popular mechanics i'm thumbing through on the plane ride up here. they have an article about the nissan versus the volt it takes about the gasoline engine that was not a highly confidential classified government document it was popular mechanics the president could have picked up on a news stand and saved this country 50 billion dollars. nissan is developing an electric vehicle. gm has never produced anything that is worth selling. private enterprise is doing it.

i like green energy because it gets us off foreign fuel. >> with the notion of us being in front as far as the green agenda guess we should, but we should allow the private sector to make those decisions. now a car that doesn't work. what is next? taxpayers are not happy about this and you know it. now you are interrupting is something we are going to see in the polls this november. i'm done. >> if you read the tax code it is full of incentives for things we want to see businesses do or not do, call it subsidy, tax, whatever you want. >> subsidy. >> by the way the 50 billion for gm saved a lot of jobs and helped save industry. the idea we shouldn't use the tax code to incentivize an industry that is a wave of the future where we need to create new jobs given our long term unemployment issues, i think that's nuts. >> coming up, hide the burgers

behind the broccoli? d.c. paying shrinks to pay our -- to change our kids' eating habits at school. you may need a shrink when you hear how much this is costing us. yellowbook has always been good for business. but these days you need more than the book. you need website develoent, 1-on-1 marketing advice,

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put the cucumbers by the cash register. the department of agriculture is announce being it is paying food behavior scientist two million dollars to get kids to make healthy choices as they go through the lunch line. wayne you say it won't slim one waistline and only going to waist more tax dollars,

why? >> because it is another insane government program for god's sake! parents can't control their kids. we are feeding them, right? why not feed them healthy food. don't give them the choice. there are people starving in the world today and we are talking about taking our kids and giving them all these wonderful choices. give them healthy food if they don't want to eat it, don't eat. >> tracy you have kids is this worth the money? >> stay away from my children! i will decide what they eat, when and how and where and where placed on the table in front of them! wayne is right this is a total waste of money. the reason kids are obese? because they are eating doritos for breakfast that is not the government's problem it is parents' problem. >> 10 million on the school lunch program what is another two million, why not right? >> this is a good study. childhood obesity costs this

country tends of billions. obesity can cost this country hundreds of billions. there's junk food everywhere they turn in their schools, vending machines, everywhere the idea of figuring out how to could save tends of billions this is penny wise pound foolish. >> julian, why give them the choice? why give them junk food. only serve them healthy food then they don't have a choice. >> i'm for that as well. they spend a lot of time outside schools. they get bombarded with advertisements about junk food. this is a national crisis we need address. childhood obesey is a national crisis. >> i think johnian -- jonathan agrees i think it is the psychology piece -- >> there's never any type of

social the left doesn't have a big program to remedy. i think tracy is on to something. what you are seeing is the states replace the parents. now we are not only responsible to educate our kids but for feeding them and tricking them into eating the right things. it makes me worried that's the same government that told me when i was a kid that you are supposed to follow the food pyramid wits 12 servings of carbohydrates everyday. you put faith that the government knows the right thing for your kid to eat john, you are in the business, what do you think? you think is the right use of the money? >> i mean, no, this is millions for psycho babble. we are assuming americans are stupid and they don't know the different between fruit and candy. obesity costs this country 147 billion dollars for the health care system every year. what we need to educate american consumers, refined sugar, white flour is evidence

of obesity and diabetes to rise only in the developed world. this psycho-babble get out of americans lives and eat healthy like wayne says. we got fat kids, put the video game down! >> calories in, calories out. >> thanks to julian epstein for joining us. >> thanks for having me. >> forget election returns in two weeks, is this movie heading to theaters about to tell us the outcome in less than two weeks. >> i can't stand how all you conservatives say social lymph like it is a dirty word. set it in motion... and it goes out into the world like fuel for the economy. one opportunity leading to another... and another. we all have a hand in it. because opportunity can start anywhere, and go everywhere.

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time for what do i need to know for next week? tracy? >> if they spend money going to see this new movie, "i want your money" holy heck does that portend something for the election. gop wins in november. >> all of the leaders talking

about spending money, right? >> sure is. >> all right. john what you got? >> jonathan has been ahead of the curve on corn based ethanol being a disaster he was right then and now the race starts in iowa so they are raising the amount of ethanol you can put per gallon on certain cars raising farm subsidies. you want to capitalize on government ignorance, buy john deer. >> i -- buy john deere. >> i can't wait to here. >> money has been pouring into brazil, end eupd -- india my pick is a japanese company, a lot of investments in the market. i own it, i like the stock very much. >> i think we should get -- you are mr. world traveler, what do you think? >> i think he's on to something with the japanese