up right now. neil, take it away. >> we see these two companies, both are making money hand over fist and i want you to guess which one, one which is get the fist. glad to have you, i'm neil cavuto and on top of selective outrage over what call outrageous pump. with gas prices hammering drivers, it it must be time to hammer oil companies, but in a week where apple's market value goes soaring past 500 billion dollars. am i missing something here? charles payne, dagen mcdowell, adam lashinsky and amilya, alove her name. and charles payne, what do you make testiof it? >> it's selective.

exxon 30 million. apple, who has more american workers? which-- california makes more money. >> neil: really shouldn't have gone to you first, that was a mistake. >> i've been upset about this. the oil companies are paying trillions, trillions of dollars in daxes and the 4 billion that the president is talking about, proverbial drop in the bucket. it's designed for wild caters, entrepreneurs, if you want to be upset about waste, go after the wasteful clean energies. >> you're going to the italian and going to get any better? >> down the aisle. >> who gives him the right to start picking winners and lose,when he knows nothing about business. first of all, talking two different profit margins here and now he's going to decide who is going to pick up the weight. we're the not figuring out what's happening at a gas pump? . waste told, you need to fix this initiative and now he's picking. we've seen what he does when he picks in business, he picks wrong. he's so off the mark, so

wrong. >> neil: and pick them all, if making money is a problem and apparently it is. >> politically's not going to pick on apple because we like our iphones, like our ipads and this is about politics. and like it or not-- >> remember, there's a state of the union speech and steve jobs widow was up, an amazing woman. he was an amazing guy and he's bemoaning companies that outsource and here she is representing the company that is king of that, and then, again, that's fine, i'm just saying. >> look at him and says the jobs in china where we make our products, they are coming back here. and they still don't pick on apple. but what i'm saying is, they're not going to-- it's ridiculous, and it's unfair, but they're not going after companies with products that we like. americans think we have a right to get gas and-- >> margins are so small, this big. >> neil: they're doing okay with the margins. not like what they once were and when we have to try to

restart the industry. we've crippled them and we have could go back. >> neil: you know what i didn't mex, i'm pretending to be an expert on apple and we have the-- adam lashinsky, the book. and i play an expert on tv. you've written about them. and there's star treatment to them and the amount of money they make and the oil companies, the amount that they make. first, what say you. >> dagen is on the model when she says it's about politics. we shouldn't be shocked that the president is picking on the oil companies. we can go deeper than that. oil or gas is seen as being nondiscretionary item for consumers, they have to have gas to get to work, to go to church, et cetera. to go to the baseball game. they don't have to have an ipod or an iphone, and i think american-- >> you haven't talked to my daughter, but go ahead. (laughter) >> if she had a choice, really, between, you know, a gallon of gas to get to work or that ipod. i don't know.

i think she-- but-- >> she would walk, she would walk to the apple store to get her iphone. >> neil: bingo. >> saying she had to do that. and dagen hit on this, too, americans admire the entrepreneurialism of apple and they don't admire the entrepreneurialism of the oil companies right or wrong. i don't think for the president, by the way, that this is about making money. you know, oil companies aren't bad because they make a lot of money, they're bad because they're bad. >> okay. >> oh, my god. i can't believe it. i love him dearly, but i think the administration has a problem with those who make money. i really do. i think there's a great sort of inherent belief that it's through ill gotten gains and-- >> the only thing the administration-- >> and they don't have a problem with technology companies and the executives who give the democratic party a lot of loot. they don't go after-- >> you're right about that. >> you could do a lot of thousand plate dinners in silicon valley.

fossil fuels, in the president's perfect world he hates fossil fuels even if it means we pay 5 or $6 a gallon. >> neil: and keep saying fossil-- in other words, it has the connotation, the dinosaur and all that. it's an old technology and all. >> dave: the only thing older, the only thing older is solar and wind, okay? but the bottom line here is, this is finger pointing. this is sort of saying, listen, i'm not to blame, the oil companies are to blame. and this is pure failure and adam said it's politics. it's more than politics, this is, this is disingenuous in the sense that-- >> you go after the oil companies because-- adam to that point. you have to know even if you hate oil companies, a lot of people do because they recently make money hand over fist. i can remember, starting out in the early 80's, they were losing money and prices were tumbling and they were-- that led to a lot of the mergers we've seen in oil companies, that was then, this is now. i know we have a thing against them now, but has it gone too far? in other words, do we overdo

it? does washington deliberately deflect our attention, and priced in dollars and the dollars have been tumbling and meaning more dollars to buy oil, which moons it's become more pricey, not so much because of anything macavelian or oliver stone-ish. the fact. matter is, it's our own financial incompetence in washington that's whacked our dollar, whacked our prestige around the world and whacked us at the pump? >> i'm mostly, i largely agree with you, neil. >> do you 100% agree with me? >> i blame us. i mean, we are the people who, as you've said, we will go spend a lot of money on an iphone, which is a real expensive thing. we'll go to a baseball game and buy, you know the tickets and hotdogs and pizza for a lot of money. but we plain about $4 a gallon gasoline. that's what it costs. it costs more in other places around the world. so-- >> wait a minute, the administration's bemoaning

that. all right. hear what you just said. the administration is bemoaning that. amilya, to take adam at his word here, we whacked pretty well off with that gas. the administration is more or less saying that's the problem. all right. but you're the problem. that's the problem, right? >> absolutely, because who wants to put in the rules and regulations, who is the one who basically handcuffed them and is said you can look at it you candr ill. what we're saying is business. this is what we need to do in order to keep up with the 20 gallons that-- i mean, the 20 barrels that we use and this is what we need. oh, we're not going to help do you that we're going to give our business somewhere across the world. >> neil: there should be an oil app for that. >> now what, hang on, hang on a second. >> neil: yeah. >> we're working on it. >> again, it is the government trying to control business when we don't understand the first fundamentals of business. >> neil: the bottom line, he they want to point fingers. >> they should be blaming, why don't they blame the food companies to that point when

the food prices go up. >> they do. >> and why are they going up? because you've got to transport it, move it. >> it's all about demonization. one of the few ploys that worked for the president, although it works less and less every day. >> neil: i don't know, it still registers. you may be right. and welcome to the california nightmare, one city out there is going broke over a broken public worker pension plan. the gang from forbes, warning gette ready your town could be next. that's something to look forward to. the top of the hour next. and remember the old paul simon song "50 ways to leave your lover" we found 51 ways to leave government waste. no ♪ check out the back, jack, make a new plan, stan ♪ don't need to be coy, roy [customer:] we need to protect the environment. [worker:] we could do both. is that possible? [announcer:] at conocophillips, we're helping power america's economy

with cleaner, affordable natural gas. more jobs. less emissions. a good answer for everyone. well, if it's cleaner and affordable. as long as we keep these safe. there you go. thanks. [announcer:] conocophillips. i knew it'd be tough on our retirement savings, especially in this economy. but with three kids, being home more really helped. man: so we went to fidelity. we talked about where we were and what we could do. we changed our plan and did something about our economy. now we know where to go for help if things change again. call or come in today to take control of your personal economy. get free one-on-one help from america's retirement leader.

>> good morning everyone, this is a fox news weather alert. i'm jamie colby.

new tornado warnings right now in southern georgia and northern florida just coming into our news room. it's the latest warning after dozens of twisters killed at least 32 people across four states, hundreds more injured. take a look at the aftermath in henriville, indiana whole blocks of homes crushed. you want to keep it on fox news and foxnews.com for the latest weather updates throughout the day today. oil industry giant bp expecting a historic payout that would settle with more than 100,000 victims to the gull oil spill to the do you know of 7.8 billion dollars, one of the biggest class action settlements ever. deep water horizon rig disaster in 2010 killed 11 works and dumped more than 200 million gallons of oil into the gulf. i'm jamie colby, send you back to cavuto on business and keep it right here on the fox news channel. channel. >> these days i'd be happy if d.c. figured out one way, one way to save taxpayers cash.

we found out this week, there are 51 easy ways to do it. it's true. there's a report from washington's official money watch dog listing 51 areas of overlap in government programs. cut those out and we'd probably immediately cut out 400 billion dollars of wasted taxpayer cash, or essentially what we spend in about ten or 20 days, i have no idea. anyway, dagen, why aren't they doing it? >> by the way, we're-- >> people who work in government like big government. i can show you 400 pages of why i hate government. if you dig into this, it's actually this report, it's actually much worse than you think. and what, 53 programs run by four federal agencies just for entrepreneurs. there are 15 unmanned aircraft programs and you go through it and it's duplication and it's very clear that all of these people working in government have no idea what anybody else is doing, even though they're working on exact same project and it goes to the point of we don't know how effective these

programs are and we have no idea how much money is really being wasted on them. >> neil: do you remember, charles, when we went through homeland security and president bush, to his credit. he was against forming homeland security department in the beginning because he quite properly said at the time, i'm happy if we go that route as long as we remove something else or give it exclusive oversight. >> yeah. >> neil: which we didn't do, we just made a lot of redundancy. the fear with these things, new regulations and bureaucracies, like the consumer protection bureau. that's fine if you remove the sec and cscc. pile on pile on. >> and pile on, pile on. to dagen's point. whatever is in that office, making that money they don't want to to go away and of course the politicians who keep, who the biggest argument they make to being reelected is how well they looted washington d.c. ultimately this one is on the american people. you know what? we might as well shut down the goa, if we're not going to pay

attention, at least start there. we don't want to cut anything, cut out the goa and spend the money and get to the point of no return sooner rather than later. i can't take it anymore. >> neil: the general accounting office or the government itself. let's get to our point of greece today rather than four or five years. >> neil: greece is haeahead of s with the violence and craziness, ahead of nuss trying to address this. >> absolutely. >>, but we're not that-- what happens then if we don't address the redundancy, a lot more is coming. >> you learn from business 101. as the bits growth and they review and they cut and clean. as they move up to the next level. and send in a group of entrepreneurs here, go in for the 118 phantom that medicare pays for builteds there's nothing there and that money. >> and you have to-- you have to review it and

actually do it, as you hit the next tier and it hasn't been done. >> and adam? >> now, amilya, it's great to have you on the show. and let me give awe dose of reality about the way business works. >> neil: what do you mean it's great to have you on the show? i'm the host. it's my name on it, go ahead. (laughter) >> businesses, big business business of famous for hiring consultant, think government accounting office to produce a study, think of this report that says here are the things to do to streamline your business. what do they do with that report? they put it on a shelf after they pay the consultants and say, thank you very much. >> oh, not all companies, the ones that want to provide bad advice might be redundant and might ignore it. there's great peril to those-- >> miss a couple earnings periods by an opiniony or two and pull the reports out drawer. >> i'm a turn around specialist and called in 120

days before they're going to pull out and first thing we do, we clean house and looking for exactly the redundancies, too many employees don't need it better ways to do it and we clean-- >> he can't soil himself with those facts, mr. lashinsky on business. >> and taking on additional responsibilities, he's the official show greeter. >> neil: the you'll now be the cavuto on business greeter. that was unfair, four on one. and when we come back, see these guys? >> oh! >>, oh! >> well, they just realized they are thousands of miles from a television and in danger of missing the the mother of all primaries next super tuesday. over 400 delegates at stake. and fbn is the only network covering what's at stake for your money, counting votes and market reactions simultaneously, only network plan doing that. and we started 8 eastern, don

imus here, mario cuomo, sarah palin, many, many supplies guests like the late great laugh-in. people pop in and leave. >> dixon is coming. >> anyway, live results, live market reaction, asia, europe, the globe will go by this fast, too, even if there's not a lot of happening, the graphics will be fast and wait a minute, wait a minute, watching this on fox news. may not get fbn. you know what you should do. what should they do, guys? >> demand it! >> demand it. >> neil: lashinsky chimes in. >> i get it. >> neil: all right. and nasdaq 3000, n ychly nyes, y get it. and 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 $6.4 billion in needit to small businesses across the country last year. because the more we help them, the more we help make opportunity possible.

>> coming up, stocks breaking through big numbers and hardly breaking new ground and way off the all time highs. why the big

>> 13,000 on the dow and it's getting a lot of wow. why celebrate that now? because it was nearly five years ago when it first hit that big number, charles payne? >> you know, i've got to tell you, we've become a nation that celebrates mediocrity. a president that celebrates 8% unemployment. and democrats capitalism outside of america. if you look at the companies that power, apple, well over 60% in revenue, ibm, the list goes on and on and the rest of the world is on fire and at

least we have the multi-nationals that take advantage of it now. >> we celebrate because it's a nice big pretty number, nice and round, the same way that 40 is more important birthday than 39. that's it. why not celebrate it? 13,000 dow is-- >> i agree with that. i'm not as dated as young charles. >> the dow doubled since-- >> and let's look at the empty glass. >> how many birthday parties have i been to. >> and this is the same philosophy that everybody gets the trophy and you then inspire your weakest link. there's a reason why out in the wild the fittest survive. you don't celebrate things like that because it's a-- a little blip on the radar and again, it's a theory we're going to say a c is okay, we want everybody to feel good. >> neil: i can see the argument that dagen raises about we're back to where we were better than where we were really were. >> this is my fear, it's not 13,000, listen, i'm happy made

a lot of money for a lot of people including myself. the point, we cheered the auto sales, right? realistic, general motors and ford lost market share and woo cheered 8.3% unemployment as a million people left. i don't want to get sucked into a false sense of security. >> mediocrity. this i could see and agree with all of the above statements here, adam, is that we're grateful for no longer getting banged up. you know? we have mistaken better for not bad. it's still bad. in other words, this recovery is still tepid by any measure and the job gains are a fraction of what they should be at this point in the recovery. in other words, we're grateful for so little because we've been through so much that, you know, hey, look, i mean, not as many minus signs, whoopee, it's not whoopee. >> well, i don't fault the president politically or otherwise for celebrating a decline in the unemployment rate and you shouldn't either, charles.

as far as the dow at 13,000, what i believe is something slightly different from everybody else, which is that investors shouldn't pay any attention to these meaningless numbers ever. because, it's nothing whatsoever to do with making-- >> wait a minute. the network and-- >> the investment. >> on those meaningless numbers. but quick thought on that amelia? >> you know, i get what you're trying to say, but the reality is-- >> do you really? i don't get what he says. >> i really like him. what i say, you can't keep your eye off the ball. yes, a movement in the the right direction, but let's not forget. >> neil: half full. dagen says progress. >> it's progress and we celebrated dow 14,000 on your show in july of 2007. and i told people to sell then. so big round numbers. >> great, i'm going to check that show to see. >> neil: all right, dagen and amilya, thank you both very, very much. in the meantime, up next, apple, that stock did hit an all-time high this week.

now, our guys have the stocks they say are poised to join apple, with new highs. so who ordered the cereal that can help lower olesterol and who ordered the yummy cereal? yummy. [ woman ] lower cholesterol. [ man 2 ] yummy. i got that wrong didn't i? [ male announcer ] want great taste and whole gin oats that can help lower cholesterol? honey nut cheerios. "for starters, it didn't cost me anything." "and i got a one-hundred dollar cash bonus for rolling over by april 16th." "i like bonuses." "plus at scottrade, there are thousands of commission-free investments." "and if i need help, i can find it online, by phone or at one of over five-hundred scottrade locations." "it's why more investors with i.r.a.s are saying.."

"i'm with scottrade." ♪ [music]

>> stocks are on the verge of hith all-time highs. >> ris no. a former momentum stock and has a chance to get back. >> what is it? >> oil and gas. >> what do you think of that adam? >> i love it. i don't see oil doubling. >> adam what are you doing. >> air gas. i am a patriotic american and industrial gas company that makes money in the united states . it is near that and i am betting it will continue to do so. >> that is an easy way out. i agree it is a great company. i think it will be taken over e day, too. >> it is still to play on the equipment side. >> that's if. that will do it here. david with forbes on