portfolio it is what i do. emerging markets everyone has to be in at least a little. you don't know how long warren buffet is going to be managing that portfolio and that's the key to that name. >> neil: guys, thank you all. ben great picks, only kidding. enjoy your run at wal-mart this weekend. here's david asman. >> david: junk, america's racing towards a travel nightmare anger over tsa pat-downs heats up. chaos is expected wednesday. government says controversial security system is all in the name of safety. some think there's a more effective, less expensive way to keep everybody safe. profile for potential terrorists. which plan is better? let's go in focus with

victoria barrett, bill baldwin, lizzie mcdonald, emac profiling? the people who talk about civil rights in this country miss the mark when it comes to what this issue is about. there's no more greater violation of civil rights than to bond innocent people out of their seats. i'm talking about profiling the behavior of individuals who may do us harm. israel's top airlines have done it for years. they've only had one hijacking in 30 years. the issue is these people want to do us harm. they are religious murderers. got past technology in locker -- in lockerbie, 9/11. >> bottom line is profiling. victoria forget political correctness, lives are at stake here. >> interesting you mentioned the christmas day underwear bomber. when he boarded that plane in

amsterdam witnesses say he looked like a smartly dressed indian man. he probably wouldn't have fit the profile of a terrorist. he's on the plane for 10 hours. it takes a dutch filmmaker to stop him from setting a bomb off. his file was littered with red flags. if we could only spend these millions we've allocated to connecting those database dots. so someone in a ticket booth can know the history of someone, where they've in the past. these red flags are there, we don't use them. >> david: let us make it plain and simple, if you have a choice, profiling or tsa scanners, which would you choose? >> i think profiling. lizzie had a nice dodge when she said profiling the behavior. what we are talking about is profiling people based on

their heritage or the color of their skin. we can't. so i have a solution. let's profile people based on the stamps in their passport. where have you visited in the last two years? pakistan, iran, iraq, yemen, i'm thinking we deserve a better, harder look at you. >> that's the behavior i'm talking about. >> isn't this focus on the behavior patterns more important than scanners? >> of course. but that's not profiling, that's police work. police work is what they do now as victoria points out they don't do it so well. what we have here is not that the. if you do it on race and religion it is a bad idea, unamerican and it will get thrown out in court. we know this from the japanese internment during world war ii. i'm going to the airport to see my mom and i'll get patted down. how much do i tip the guy? i can't remember. we've come to this pass for the strangest reason.

we have scanners that show people's genitals and therefore they chain the pat-down ruless. the technology is leading to this behavior which is foolish and has nothing to do with [ talking over each other ] david dave the fact is there are some counties, including san francisco thinking of prosecuting some of these tsa officials if they pat down too aggressively. >> that's preposterous. we have servicemen and women sacrificing their lives for our safety. to think we can't inconvenience ourselves a little is offensive and pathetic. >> have you been patted down? >> yeah, i've been through the airport security many times. >> david: have you been patted? touched in the genitals? >> if i were to be touched, i have no problem. it is a minor inconvenience compared to what our servicemen are going through to protect us in afghanistan and iraq. >> ineffectual, it doesn't

work. >> that is true. which is why i'm in favor of profiling. not just citizenship or passport stamps. the whole lot of it that will not be thrown out of the courts. the courts only say it is unconstitutional if it is based on race alone. [ talking over each other ] >> registered traveler program this time let's put it in hands of -- >> david: hold on people don't remember what that is. >> i'll explain the registered program. one where you get a thorough examination in advance of getting to the airport. you pay for this you get into a shorter line. they check everything your social security number, your mother-in-law's birth date, whatever it is. if we revive that, this time it would be nice if it were not in the hands of incompetent tsa supervisors. david david hold on! emac the fact is when el al

does this -- always put up as the rolls-royce of the way to do this correctly. they don't have minimum wage tsa guys do it. they have people who have good backgrounds in police work. can we afford to do something like that here to get people of that quality here? >> i would want our taxpayer dollars spent on this i want to know i'm on the plane where the passengers are not religious murderers who want to kill oust or anybody else. the issue is, can the tsa do it? el al guys have behavioral training tsa guys do not. i have been patted down i've had my personal private areas touched it was an awkward moment. i didn't like it, i thought it was a violation. i'm saying, yes add pro tiling to the mix. david dave victoria what about adding -- >> david: victor, what about adding it to the mix at least

checking passports? we are so politically correct we are afraid to do any kind of check on people's background. >> no, i think connecting the data dots looking at where someone has traveled, we should be doing that. when you throw race into the mix or someones ethnicity, i don't think we are going to get good data. look at the profile of terrorists -- [ talking over each other ] >> we're talking behavior. [ talking over each other ] >> david: hold on. dennis if we talk about behavior, more money. it costs more to train people. we are not going to be talking tsa guys. more like what they have at el al. dennis can we afford it? >> the big problem is, we have the presumption we have to check 99.9% of all travelers because of the one in a million who is going to try to do something bad. if we try to work on csi and

profile -- profiling, i don't think it is going to be that effective. >> david: what about privatizing the whole thing? leaving it up to the airlines and say if you want to pay more come to us, whoever it is, [ talking over each other ] >> when we tried that before that was a disaster because they hired low level people who were incompetent. >> david: so we'll do it right this time. >> highly skilled people trained in lie detection techniques and other skills to highly scrutinize the people -- >> david: bill politely put up his hand. >> what we are doing now is a total waste of money. let's look at your id's, i show my driver's license three times, every time they look at it, it could have been easily forged, a total waste of money. i would say new technology that looks at databases.

>> david: the bottom line emac technology is not the solution. the solution is getting the right people to do the kind of profiling that is necessary. >> absolutely. the 9/11 attackers thwarted technology so did the lockerbie bomber, so did the underwear bomber. they thwarted technology. dollars going through lobbying groups into these companies that make ineffective scanners. >> david: lawmakers trying to stimulate the economy by extending jobless benefits, yet begin who should pick up the tab? -- first, forget the rich, tack the poor? controversial plan to help close the budget gap. we debate, you decide. hey, lawrence, my parents want to talk to you.

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manhunt underway for a gunman who shot and seriously wounded a state park ranger. police are moving into a canyon where they believe the gunman is hiding. rangers shot three times friday night while on patrol, listed in critical condition. >> major setback in the search for survivors in a new zealand coal mine. poisonous keeping rescuers from entering where a powerful blast has trapped 29 miners. power outages have frustrated efforts to pump in fresh air. two reaching the surface after the explosion no word from any of the others. i'm jamie colby you want to keep it here, president obama set to speak from portugal where nato is meeting. i'll see you again at noon eastern. now back to forbes on fox. >> david: washington, d.c. lawmakers fighting over what to do with the bush tax cuts before they expire.

at issue taxing rich and cutting taxes on the not so rich. the forbes team says forget families making more than $250,000. america needs to start taxing those who don't pay any tax at all. >> right now 47% of u.s. households do not pay federal income taxes. that gives them no stake in how much money washington is spending. i say they should pay some taxes. this way they would be interested in all that spending. otherwise they agree to . that's one of the reason why is our deficit is as big as it is. >> david: if we have a federal income tax everybody who works should pay? >> mike thinks they are not paying any taxes because they are not paying income taxes. they pay taxes in other forms. try the gas pump. >> from the people who give you tax cuts for the rich, now proven after the second experiment to concentrate wealth at the top do nothing

for the middle and create a massive debt. we payoff the debt by taxing the poor? no, i don't think so, bad idea. >> david: dennis? >> do the poor amount to 40 or 45% of the people in the delay don't pay federal income tax? we used to worry about the haves and the have nots. the bigger divide today is the taxed and taxed not. 45% of u.s. household now get social security, medicare, unemployment payments. 45% get it, 45% don't pay taxes these people are never going to be in favor of cutting government spending. 1% controls 25% of the wealth but pays 40% of federal taxes. let's tax them more? it won't work any more. >> david: we do the this constituency knew is into government so deep we are never gonna get out. >> curious we have conservatives like mike who are sensitive to how taxes might depress the work effort

of rich people. and totally he to what they might do to poor people. the economist put his finger on this, he went after some republicans and said if i understand you guys right, the rich don't work hard enough because we pay them too little and the poor don't work hard enough, because we pay them too much. that's absurd! >> 40% of americans who work do not pay federal income tax, should they? >> they should. i don't know about this fancy economist stuff if you go to dennies, pile up your plate and get more and more. people who don't pay taxes they feel like it is all me more. no sense of a stake in the system. >> wait a minute -- >> as long as you have a tax system you are going to have people asking for more and feeling as if they have no stake in the cost of it. >> david: victoria the entitlement mentality in america is a big problem. >> it is a growing problem. [ talking over each other ]

>> it is a growing problem. the heart of mike's argument is that many americans call it 47%, don't have a stake in the federal income tax system. yes, they are paying other federal taxes quentin, that's true. but they don't have a stake to care whether those taxes go up for everyones. it is fine if they go up for everyone else, it is not me it is kind of not in my backyard thing. quentin we see this in san francisco every election season there's something on the ballot that says tax the rich. this november it was a hike on transfer taxes for multi-million dollar homes that's not me, sure, slap a tax on it, but it damages the economy over time. >> you are all arguing that the poor don't care, they just take the government's services. as if the rich are somehow bars money about government services. -- are bars money about

government services. >> david: we have all criticized. >> you seem to think the poor are some -- >> dennis go ahead. >> at what level quentin do you think a person shouldn't pay income tax? plenty of low income people own hd tv sets, their own car, their own home, yet they can't afford to give the government $1,000? i know a gal who runs an l.a. charity tarted charging for the first time -- [ talking over each other ] >> it gives them a stake in improving their lives. i think we could do the same if more americans start paying -- >> i'm a hedge fund manager, i pay 15%, shouldn't i pay 17? >> dennis is right, it is not a coincidence that government spending as a percentage of the overall economy has increased just as the amount of families that pay -- >> all about greedy poor people. >> when people think they are

getting something for free, they are always going to vote for. that's the problem. >> quick, quick! >> this is welfare as we know it in this country people not paying the tax. make them part of the few, the proud the taxpayers. >> david: republicans vote to ban earmarks. grab a fork someone here says, show me the bacon and thinks you should eat it up too! forbes flip side coming, next. ♪ [ d ] for years, i was just a brewer. until one of the guys brought in some fresh bread that he'd made from our pale ale. and from that first bite, i knew my business would never be the same. [ male announcer ] when businesses see an opportunity to grow, the hartford is there. protecting their property and helping them plan their employees' retirement. ♪ beer or bread?

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>> david: republicans cutting the fat, the flip side next. the stocks rid i to surprise you and

>> david: after declaring victory, senator murkowski

already falling out of line with other republicans by refusing to support their earmark ban. earlier this week the house and senate voting to voluntarily ban expensive pet projects. democrats even rogue republicans couldn't let go of the pork. despite america's spending problems you are okay with this? >> ofúñrit:u)se. every year we send 435 representatives to washington to represent their constituencys. what is an earmark? to some what is an earmark to others a worthy project. was the golden gate bridge an earmark? national airport an earmark? >> earmark is using federal funds for local projects. >> all of us have been thrown under the congressional pork wagon too long. these pork projects act like gateway drugs to more government spending and bigger governing. they need to congress micromanaging the economy. and they've got to stop,

because it is tearing up the social fabric the idea being what is in it for me? it should be about the greater good of the nation. >> david: when some republicans were wavering like mitch mcconnell, ran paul wavering on the issue, they were pulled back by political reality will the same happen to lisa murkowski? >> i hope it does. i realize 15 billion dollars in earmarks pales compared to a trillion dollar budget deficit. let's not forget, a lot of senators use earmarks to fund projects out of their state, not for local constituents only. this isn't just something where congressmen are bringing home the bacon. they are doing it to give money back to people that funded their campaigns. often that benefits people outside of their state. >> is there something fundamentally corrupt about the idea of earmarks quentin? >> well, that's a complex question. there's something fundamentally corrupt about paying back lobbyists, mike is

right on that. this is one where you gotta kick the tires. turn out tea party puppet master jim demint banned earmarks for this congress, two year ban, not permanent. boehner straight out of the '94 congress come out and says we are doing this because it had become a symbol. not that he thought it was bad. >> is that kicking the tires or the congressman? >> i think the congressman needs it as well. we ran out of time. next, the four stocks making money right now, next. [ advisor 1 ] what do you see yourself doing one week,

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>> new report in supply here in the united states, tripled the cash on its balance sheet up 10% i'm liking this. >> joy's main business handles coal and maybe whale blubber. >> david: you are mr. negative on that and treasuries. >> if you buy the trawl short treasury a way to bet that bernanke's grand plan to levitate the prices on bonds will not work. >> a lot of people don't think bernanke is right on this. >> this is a bad idea designed for people who trade within one day. >> boring oil companies? >> royal dutch shell, you get a 5.2% yield. nice stock to hold. >> boring but profitable. >> a dividend that high sometimes a sign it should be adjusted.