there will be a solyndra every day. >> ben stein? >> it shocked me that the government takes money from hard working taxpayers, and spends it on energy projects which are clearly going to be losers. it was clear by 2008 that the chinese were dominant players in solar energy and the u.s. players could not compete in a big way. and never the less, president obama was so arrogant he thought he could take 500 million and dump it and it would work. we already have a working energy strategy, oil, gas, it works fine. let's let the private sector do this and the government is just involved in too darned many things and get out of the private sector, mr. obama. let the private sector figure it out. >> and you want adam in there and then i'm going to gasperino. >> go ahead, adam. >> with all due respect to use one of ben's favorite lines, i'm sort of shocked, ben how naive this debate is. i've covered companies, charlie-- >> whoa, whoa, whoa, we're leading with this debate. naive or otherwise, continue. >> i think it's an important debate, nei

let's get to ben stein and charles payne, dagen mcdowell along with adam, charlie gasperino, what do you think? >> we're not in 2008 levels. if we were at 2008 levels, morn stanley would have bn insolvent by today and it's not. they were facing the biggest rumors and their stock went down to december, 2008 levels, credit the default swaps, insurance policies on the debt blew out-- >> you don't think a meltdown is in the offing? >> i'm pretty sure it's not going to happen. i can never guarantee anything, but they withstood that, plenty of capital and a rumor they were exposed to french banks. i spoke with james gorman who-- >> who is james gorman. >> the ceo of morn stanley. >> neil: society general and-- >> and don't share my-- >> okay, bottom line, you don't see it happening? >> net zero exposure it french banks, dagen. >> i'm not worried about the u.s. banks, so much better funded and capitalized than in 2008, but they. >> neil: they've been coughing up blood the last couple of weeks. >> they are, but we're not in any danger, with the liquidity-- coughing up blood means the stocks

here to talk about this is economist and author of bullet-proof investing ben stein. >> nice to be hereving me. >> the president is promising the new deficit spending will be paid for in the future, but hasn't said what will be cut or revenues are used. didn't we do it with stimulus one? >> it is all imaginary. money spent is real, the savings are imaginary. they are never going to happen. this is what presidents do. it is just a fantasy on the part of mr. obama to think that he's going to save money to pay for the program. it is not going to happen. i doubt if the program is going to happen at all except for the tax cut provisions that stay in affect. the program is a fantasy and god bless him for having so much optimism. maul business owners will be able to hire again. and once the detail service in 10 days and can americans count on new jobs opening up soon? >> if you talk to a friend of yours, he or she will hire when demand picks up. they hire when customers start coming to the door and spending more money. that is from the smallest businessman or woman. that's what warren buffet s

>> you were doing the ben stein show. >> jimmy: that is right. "win ben stein's money."no interest in ben stein or me, they yelled at you guys the entire time. do you remember that? >> not really. >> jimmy: they were upset about an anal probe in the first episode of the show. >> did you stand up for us? >> jimmy: yes, i did. yeah. and, in fact, it was -- it turned into a little bit of a melee, as i recall. i had to get training afterwards to learn how to deal with things in a political way, i guess. but also, i think, that when you think back on how upset the tv critics were about the anal probe and now we've come so far, i think they were right, you guys did ruin television. >> yes. [ cheers and applause ] they were right. >> thank you, thank you. >> it took us 15 years but i think we finally killed it. >> jimmy: and now you have all the awards. i watched your documentary, which is great fun to watch. >> yeah, we actually -- we had a whole crew in, the last run of "south park" so they were just, you know, doing kind of the reality show of how we put the show together, w

and ben stein, economist and pundit. mr.ow you like to tax the rich mantra and we have plenty of that tonight. but do you really think president obama has control of the economy? >> no, i don't think he has control of the economy. before we get into that, may i respectfully say, warren buffet is a friend of mine. he's the greatest chef executive of america. he delivers phenomenal dividends. he's not 88 years old. it's totally irrelevant if he were. he gets paid a piddling $100,000 a year, less than many teachers get paid. and i do not know why you keep attacking him. >> bill: i'll tell you why, because cap gains taxes. >> cap gains tax is tax. you know that very, very well. >> bill: they don't differentiate. they're not differentiating. you know a con when you see it and the 88 thing was exaggerated >> why make fun of him because of age? >> bill: you know what i do here. that's what i do. it was not done maliciously. but the bigger point is, and i'm a bit surprised at you -- >> i'm a bit surprised at you. >> bill: you have t

last year the foundation sponsored 600 lectors including addresses from sarah palin and karl rove, ben stein 1998 the american foundation save ronald reagan's ranch in downtown santa barbara and uses it to educate young people about ronald reagan's ideas and how they apply today. visit our web site at youngamericafoundation.org or call usa-1776. we will start a book panel. we are used to youtube and the internet and my question is why reid? i want to find out because i have had a hard time recently getting back into books and intellectualism but these guys will answer what to read and why we should read and we have some great panelists to talk about it. we have roger ream and catherine lopez. i will introduce them individually but i want to say before we get into the panel that this is important to build a base for intellectualism and conservatism and have the ideas and the true logic to defend your ideas and heavy battles on college campuses. or professors are first in intellectualism and a lot of that comes from books and a long line of philosophy. we hope to show what you should read so y

lectures, conversation, foundation sponsored 600 electors including addresses from sarah palin -- ben stein, and many others. in 1998 the american foundation saved for ronald reagan branch in downtown santa barbara and uses it to educate young people about reagan's ideas and how they apply today. to learn more visit our web site at youngamericanfoundation.org or call 800-usa-1776. we will start a book panel. young people. we are used to youtube and the internet. my question is why reid? i want to find out. honestly i have a hard time getting back into books. these guys are going to answer what to read and why we should read and we have some great analysts to talk about it. we have roger ream, chris malagisi and kathryn jean lopez. i want to say before we get into the panel that it is important to debate intellectualism and conservatism to have the true logic to defend your ideas and have battled on college campuseses. your professors are versed in intellectualism and a lot of that comes from books and a long line of philosophy. we are hoping with this panel to show what you should read to t

foundation sponsored more than 600 lectures including addresses from sarah palin, and coulter, karl rove, ben stein, steve forbes, and many others. in 1998 in american foundation save the ronald reagan ranch and in santa barbara the use it to educate young people about reagan's ideas and how they apply to today. to learn more, please visit our website. call 1-800-u.s. 8-1776. right now we will start a book panel. young people, we are used to youtube in the internet to be my big question is why i've read. i want to find out because honestly i have a hard time getting back into books and intellectualism. these guys will answer what we should read and why. we have some great panelists. we have roger ream, christopher malagisi, and kathryn jean lopez. i will introduce them all individually, but generally i wanted to say before we get into the panel that this is important to build a base for intellectualism and conservatives and have the ideas and the true logic to defend your ideas and to have these on college campuses. your professor is first in intellectualism, and a lot of that comes from books and

wrong numbers says our ben stein. >> here is a distressing truth.rising much more slowly in the period from 1991 to 2011 than in the 20 years after world war ii. that is output per worker is rising but much more slowly than it used to be. why that is has been the subject of much debate among economists. is it the aging of the labor force? movement of manufacturing to china? no one knows for sure but i have a suggestion. maybe no one is getting any work done because we're all talking on our cell phones and playing with gaj hes online and texting each other. there is some data on this. in 1991 cell phone use in the usa was minimal. by 2010, americans were standing roughly six billion minutes a day or maybe more on cell phone talk. that's roughly 20 minutes per day per american. as we know a lot of americans talk on their cells a heck of a lot more than that especially if they're working in the cubicle next to you. when was the last time you saw any appreciable number of young people on the street not talking on their cell phones. when was the last tim