>> look they're fighting over the nike, don't fight over it, buy nike the company is on a roll nationwide. >> brenda: jonas bull or bear. >> i'm going to say they're getting beat by lululemon the high end and wal-mart at the low end. >> brenda: merry christmas. >> it's official, i was right. that's not a surprise, but i was right about "mediscare,". hi, everybody, merry christmas i'm neil cavuto. the nonpartisan sword by both sides of the aisle, the ad about granny and it's version of the granny, naming it the lie of 2007. short on facts, long and scare tactics and you heard it here first. this is why we're not moving, big government bans are having a ball insisting everything is fine and folks who want to rein in entitlements are not. >> many seniors in america

will be forced into poverty and worse, some will end up dying. >> neil: it gets worse. look at this ad again, it's well done, look at the guy pushing grandma. does he look familiar familiar to you. -- do you think they want him to look like paul ryan? and the guy who addressed medicare costs killing us, now he's killing us, the bern featured in the ad was the late harvey korman, but i can't prove it. why do they scare? so they can spend? and if someone is right and congress is just getting started, charles payne, adam lashinsky, charlie gasperino. and amelia. what do you think? >> we're going to see a lot more. in the state of confusion is where the democrats win and run it over and over for the entire campaign and it does, it confuses, the average consumer has no idea, but to believe that. that's what they read. the little clip is all they

know about the news. >> neil: was it a defining clip or a defining line. >> and amelia hit on it, we find out it's a lie a year later. and we saw it replayed, with the payroll tax cut i'm still confuse abouted this. okay, many he no, i'm offering you $1,000 and the other guy-- ♪ silent night, holy night ♪ >> neil, af got to-- >> that was a great commercial and here is the problem that republicans have. >> but it was a-- >> okay, it was a fib or whatever. do this all the time and here is what republicans do, fight fire with fire. do that, come back and defend yourself. >> one more hideously dressed-- >> listen, i like paul ryan and admire what he did with the plan, it was bold, political and failed in this respect. he never had a comeback, never had a comeback. while they're doing all of

these crazy lies and the crazy ads, our debt to grosse pointe woods is a-- >> ni know that, that's how i win. >> you lose if you're number two and you counter. >> so you say we do nothing? >> no, i think it has to go back to being able to people get on the-- >> what about the swift boats? why can't we bring back swift boating? it was effective ad because it basically butt on the table what john kerry said in his own words, it was effective and hit them hard and that's how you win this, you hit them back. >> neil: all right, adam lashinsky if you could pipedown, what do you make of this? >> to state the obvious, neil, i think you're on firming ground with the likeness of paul ryan in that commercial, than harvey korman, remarkable how much he looked like paul ryan from behind. and the charlie made the point about swift boating, it's silly for us to behave or pretend, charles, like this is a political thing that one

party does and that the other party doesn't do. i think charlie is absolutely right. this isn't a matter of lies or, you know, exaggerated ads, the question is it are we going to have a debate about this not? i think in 2012 we're not going to have a debate about this. maybe in 2013 we will. >> does that mean is boils down to a series of lies and damn lies and-- >> no, comes down to marketing. >> it means the parties take their best shot in an election year and voters decide who they believe. sarah palin irresponsibly talking with death panels succeeded in watering down and changing obama's health care law and the president called that irresponsible and exactly right-- >> i don't think it was totally irresponsible. it drew attention to some stuff that's going on if you socialize medicine. in that sense, want irresponsible and by the way, that's effective ad that of represents one side of the story.

if you're a liberal and you believe that stuff it's going to kill medicare, you think that commercial is right on. the problem is you have people in the middle and you fight for that middle. you fight for that middle. >> and here is the year end, guys, to the topic here and charles raises this. >> and year end we had a democratic senator, by joining ron paul and paul ryan, in a reworked medicare fix, that was bipartisan, by very definition, so, maybe paul ryan gets the ultimate revenge and the strategy, i think, adam is right, it won't be resolved next year, but a bipartisan approach to recognize the fact that medicare as it's going down, can't, can't keep going as it's going. >> one of the ironies about how the way this tax cut thing played out. they do want bipartisanship and maybe people are getting it wrong and won't be how negative ads can get and getting things right. >> in could be one of them. >> next year is going to be brutally negative and this president has to go massively negative to spin how lousy job

he's done on the economy and it's going to be, now what? bring it on and i'll tell the republicans this, don't show up to a gun battle with a knife. af got to play ball. >> this president is more savvy than anybody standing on the platform with social media and that hard gorilla marketing and that's where he's going to win again. >> and adam, here is where i think the president might have some wind at his back. some of the economic numbers, not all of them are trending better not great, but getter and i guess the argument. my source from the white house concluding the gardner and the cook, that is distinctly the argument they will use, that we are off the mat, things are getting better and retail sales, have been picking up, not great, but enough to boost the argument with the job gains that we've seen, with the claims that we've seen, that the trend is our friend and we're about to be reelected. what say you? >> well, this is when you're the at your absolutely best, neil, when you make the case for the democrats and for the administration, you've done it time and again politically and

i think, i think you're right and-- >> and that's what they're saying, i'm telling you what the gardner told me and i'm telling you what the chief cook told me. >> and i think it's highly accurate both as to how the president will run it in 2012. >> i guess, no, no, no to be clear and even though he might not get back to what we were unemployment rate-wise when the president took office, and even though we might still be, i think it's fair to say in dire economic shape collectively, that that will be enough to squeak him through? >> and you left out that he-- that we, the united states, killed osama bin laden, during his presidency and got out of iraq and-- >> and the people, the interesting thing people run on, yes. >> see if i've got this right. forget about the failed stimulus program and obamacare. >> they're not going to look at it as failed. and poll says people think it failed. >> the numbers are wrong. the businesses are in worse shape than ever. retail sales are not up. >> yeah, but you always whine.

>> the markets aren't there and the-- margins aren't there and doctors and patients. >> i do hope that president obama runs on the economy. it will ab interesting debate. and he's going to have to defend a lot of-- >> and he won't have to. >> charles, go ahead. >> tell how you started that. >> and maybe one of-- really, and adam alluded to this,'s going to run on the trend. >> that's all you need. >> and gdp 1.8%, looks great when quarter before 1.2 and 2.5 and 2.8. and finally getting there and give me another four years and-- >> here is what he's going to practice on. when i was a kid at school i'd brace the parents for straight f's and they saw a couple of b's and c's and thought it was material. and the bar was pretty low at first, for me it was certainly. >> particularly for barack obama. >> do you think the bar is higher now? >> if romney wins it's going to be much higher, much higher. >> do you think the most

credible opponent to deal with it on the economy and all is romney. i'm just saying that, now, the bar was incredibly low given who he was up against and what was happening in the country. financial crisis. >> so very different now? >> i'd love to see him make the case he's great at economics. >> we shall see. and what if you promised your boss something this year, but you only delivered on half of it. it wouldn't be good for you. perfectly fine for gm. i know you're worried about making your savings last and having enough income when you retire. that's why i'm here. to help come up with a plan and get you on the right path. i have more than a thousand delity experts working with me so that i can work one-on-one with you. it's your green line. but i'll be there, every step of the way.

call or come in for a free portfolio review today.

>> live from america's news headquarters, i'm kelly wright. several more national retailers have joined wal-mart stores in pulling a batch of powdered infant formula from shelves. after a missouri newborn consumed it and apparently died from a rare bacteriaal infection and they're testing the 5 ounce cans of infamil newborn formula. there's word we won't know

until next week. in russia, a show of anger over alleged electoral fraud and the election results returned vladimir putin's party to power and the prime minister is looking to he reclaim presidency in march, in a march vote and demonstrators say they'll continue pushing for a rerun at a parliamentary election and and they hope it will push them to accept the demand. i'm kelly wright. now we take you to cavuto on business. business. >> neil: talk about short circuiting, gm helping to 10,000 volts in a year. and they're 4,000 short. and charlie you say subsidizing tax dollars and making it worse. >> every time i pull into whole foods i never see anybody parked in the green parking lots. >> adam, you park there, don't

you, put your car there. >> to screw with them, and spite them i put my car in there. this is absurd and solar stuff is absurd. think of solyndra. >> this more egregious than solyndra. each volt. $250,000 each if you add up the subsidies on the local level, state levels, national levels. people get paid to buy one of those things, a quarter of a million dollar $each. >> neil: who has been buying them. and the white house bought 400 of them. where do they keep them? >> i don't know and the same --. >> and a week ago, the chief of audi say the only are elitist, only a handful. >> that's a little rich and the audi, head of audi. >> that was a little rich. >> and they're going to buy them-- >> what do you make of it. >> this was the worst business

decision i saw in the last six months. >> it wasn't a business decision. >> exactly. and. >> when you have government taking over companies, this is what happens. if you want to know why, you know, the wall street does what some of the stuff it does, it's directed by government. you have five banks and they have the assets and you don't have five banks that hold 60% of the assets that follow the whim-- >> adam what do you make of it. >> as long as we're having fun with 40% and quarter until each. there will be around somewhere i think 12 and 13 million cars sold in the united states this year and we're talking about a variance between 10,000 and 6,000 or 4,000 or whatever it was, that you said, neil. charlie, gm had the strategy in place well before the economic crisis and the government-- >> and this is a concept and hit the numbers for proof of concept. >> if not the biggest-- >> you think it's a good concept? >> and it's a failure, no argument for now, it's a

failure. >> neil: whoa, whoa, whoa. >> that's-- >> that's big news, adam thinks it's a failure. and the fact is though, right now, gasperino, this is what we're looking at that this was a federally sponsored car. heavily incentivized. and i don't have anything against these cars and don't use my tax dollars. >> so be it. >> i'm sure it was in the drawing board for gm before it was taken over by the government. wouldn't have gone to the extent it's going now unless you have a government-- >> ever company has a lost leader. >> and the lost leader makes mathematic sense always. >> down the road. >> and you absolutely have to be able to, in your first 90 days being over expectation for your numbers. so i'm saying when you look at this. >> no, you don't. >> no, you don't. >> if you in the first 90 days do not have traffic it's not going to work. >> and you obviously know

something. you obviously support this program, adam. can you point to anybody-- >> he just admitted it was a failure. >> he says a failure as of now. >> as of now. >> don't pile on adam because it's 4-1, makes it fair and balanced enough here. don't pile on adam. adam. answer that. >> and first of all, i said failure for now. near term. median term. whatever you want. and my point is that you don't need to prove out a concept when you're doing 10,000 units. that's what this is. they're trying to build a market. you know how-- >> and it's not the biggest deal in the world. >> and that's what proof of concept is. if you can't prove the concept, you have to go back and-- >> how many years do you get to prove it? >> adam, i'm a simple country reporter, you have one guy, one guy that-- >> go ahead, charles payne. >> we're talking about proof of concept and all that. it's irrelevant adam how long

it takes to work as long as it's not work at my expense. that's the thing. it's an farce, a crime being committed against, american voters want to speerpt with this from here to whatever, sfien and-- >> come on sense is lost in this argument and here is where i'll-- common sense is lost in this, anything you have to plug in is never going to work. isn't that right? anyone could have told you that and said it would lead to mir tal strive, you were supposed to plug it in, i left it. i'm saying anyone with an ounce of common sense would say this might not work. >> anyone who took a look at the general population. >> at the markets and hybrids and a very strong market it for hybrids. >> yes, when you take a look at what consumers buy. they want bigger, they want bigger and all of the luxuries and it doesn't matter. >> i saw a suburban hybrid. >> they get bigger. >> what is that, 13 feet a

gallon versus 9 feet a gallon? is that really-- okay. >> you're asking the wrong guy here (laughter) >> that's the environmentalist with five kids, neil. >> and gasperino, my view is from the back seat. and when we come back, this will make taxpayers, government workers retiring early thanks to count ls days in sick payment. and forbes gang has a plan to stop that and first, they own our debts and now trying to steal the information that we own. the new china syndrome so many are saying no. at bank of america, we're lending and investing in communities across the country, from helping to revitalize a neighborhood in brooklyn to financing industries that are creating jobs in boston or providing funding for the expansion of a local business serving a diverse seattle community

and supporting training programs for tomorrow's workforce in los angeles. because the more we can do in local neighborhoods and communities, the more we can help make opportunity possible. >> profits from u.s. companies. and if you listen to charles payne this year, you made

>> well, china for whacking companies and accusing our biggest foreign lender, hacking into no less than the u.s. chamber of commerce. and concerns for businesses. you're a small business owner and this is weighty stuff. >> yeah, but what we haven't learned multiple times over as small business, it's a catch 22. we need china in order to be able to hit the mass retail numbers and the minute they see it, they are he' going to knock it off and competing next to them and they'll rip off and duplicate faster than anybody else. >> neil: and pretty bold, charles. >> china never has repercussions and talking 3 million businesses. the thing, whether it's been their currency or anything else, the problem with the administration i've got it tell you.

so far the only thing we've fought china over, duty on tires and want to protect jobs and now solar panels. hundreds of billions of dollars-- >> they're snapping up and going back to the trade war is really the answer? >> and already a stealth trade war with them, but the things we're focusing on, the real victims of china, the software companies should be up in arms. >> you can't bite the hand that feeds you, that's the bottom line and we don't have-- >> we say-- we feed that hand, too. >> what does he mean by that? >> we have put them in the position where they ensurplus that they can invest. >> they own our debt and finance our destiny. you cannot get into an economic war with a country that is basically financing the welfare state here. >> in a bigger war with them. >> charlie gasperino, your

thoughts, athlete and air he going to be a wuss in the face of china? >> i wouldn't walk away from -- but one way. >> you are a wimp and you-- >> okay (laughter) >> yes, master. >> and i'll keep on, and one way to win is to stop being beholden to them. >> neil: one way is to stop cheating on us. >> on our debt and-- >> when we talked about this ten years ago by saying that if we want lower prices in this country and that's the only way do you it, that's going to-- >> adam quick, final point? >> amelia is right. and where charlie is we need to be boring and prudent and diplomatic about it. >> neil:. >> and never-- >> to my friend charlie gasperino, i'm shocked by these. >> and am i right or wrong in your view? >> well, i don't know. i think more like jimmy

stewart right now. i want to thank charlie, i want to thank, guys, have a very merry christmas and you've made it a very special year and this show was not a part that have, but i mean, certainly along the lines. meanwhile, one guy, three picks and a whole lot of profits. wail till you see how much you could have made if you listened to charles like i told awe year ago. if you'd be very, very rich. . fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade.

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>> it is a very rough market to say the how do you repeat that. we are bill board advertising and two billion in presidential elections. i like the tock and value on it a lot. this will do well. cf industries and amazing execution . global demand for the product and going to $200 over the next few years and al tara. >> what do