>> we have a lawyer here, ben stein. is it a leap to go ahead now by executive order to do this? >> well mr. obama doesn't have much regard for the constitution anyway. he assumes he is totally in charge of foreign policy and can tell the congress what to do about foreign policy. he merely executes it. he assumes he has power to raise taxes. there is some administrative leeway in the tax code where by he can move the tax needle back and forth. i think in today's world where tax is such a sensitive subject, extreme contempt for the constitution i'm very worried about mr. obama. i don't believe he ever took constitutional law. >> the president is based on what i read, wants to close loopholes. i don't see that -- >> we did poll the administration. they don't look at this as closing loopholes. >> loopholes is a horrible thing. all these tax loopholes for these corporations this is not a good thing for the economy. >> do you agree with what the president's doing? >> here is why i disagree. i believe loopholes should be closed with comprehensive tax reform. that is one thing this pres

>> we have a lawyer here, ben stein. is it a leap to go ahead now by executive order to do this? >> well mr. obama doesn't have much regard for the constitution anyway. he assumes he is totally in charge of foreign policy and can tell the congress what to do about foreign policy. he merely executes it. he assumes he has power to raise taxes. there is some administrative leeway in the tax code where by he can move the tax needle back and forth. i think in today's world where tax is such a sensitive subject, extreme contempt for the constitution i'm very worried about mr. obama. i don't believe he ever took constitutional law. >> the president is based on what i read, wants to close loopholes. i don't see that -- >> we did poll the administration. they don't look at this as closing loopholes. >> loopholes is a horrible thing. all these tax loopholes for these corporations this is not a good thing for the economy. >> do you agree with what the president's doing? >> here is why i disagree. i believe loopholes should be closed with comprehensive tax reform. that is one thing this pres

joining him we have ben stein and degan mcdowell. the thought is if not for a job these guys wouldn't be killing people. time and again we are reminded that's not the case. >> osama bin laden worth $3 billion, something outrageous. it's an excuse that is an enabling thing. i honestly think when she was speaking for the obama administration, they were tacitly saying to americans, unhappy americans, poor americans, people dissatisfied and feel discriminated against, if you want to go crazy, if you want to riot or somehow express the hopelessness of capitalism go out there and do that. it was a green light. >> no, she wasn't saying that. >> that's what i heard. >> i think it's a disservice to say that is what she was saying. that would suggest she was trying to incite violence. >> absolutely. >> she was saying that when people feel disaffected and not having opportunities is one of them. >> that's bs. there are people unhappy with their lives but they don't cut other people's heads off. you are saying with a wink and nod go out there an

ben stein wondering where is the taxpayers' bill of rights? i wouldn't hold my breath. >> i'm all in favor of kids getting educated. it is worth it. how well educated students are after college as compared to before college is very much up in the air. why it is the taxpayer is working in a store to subsidize kids getting high all day is unclear to me. >> they are not getting high all day. >> why are taxpayers on the hook sending these kids on a long five, six-year vacation. the money will never get paid back. it's another catastrophe. >> ben shot our demo up to 80 and above. >> i wish i didn't have to go to college. i got a great high school education. we were forced into getting these degrees. i learned how to bong a beer. that was a real creative four years i spent. people walked away from their mortgages. people walk away from their credit card debts and are forgiven in bankruptcy. that is the way of the new world. >> in defense of the university of missouri journalistic school, you produced me for better or worse. >> not bad. i think i too

ben stein. the whole gang here. all right. dr. pain what do you make of this? >> democrats have one game plan. that's buying votes. that's it. fiscal responsibility. here's a crazy thing. you think about literature it's always about being able to go back to the past and see what you've done wrong. the ghost of christmas past. we've seen this from the roman empire to modern day greeks. it's all about keeping power for the moment no matter what the destruction is going to be in the future. judge, that's beautiful. >> thank you. >> i think these votes fail when it comes to budgets. you have the republicans trying to use the war account to skirt capital military spending. if you want to spend the money, come up with the offset somewhere else. >> they say they have. everyone agreed to the sequestration cuts. if you are going to break them, be consistent and make up somewhere else. >> right. they assume expiration of tax benefits to make the numbers work. nobody is going to do a thing until interest rates skyrocket. right now last week the federal government could bo

joining him we have ben stein

to ben stein. what do you think? been a kid is an experiment noble and purpose but like prohibition and never works. they never get the spending cuts they make teeny tiny little tram's around entitlements the main saying that it does with that gosh darn sequester if it does that and nothing else goes through then it is well worth the effort. defense is the ultimate goal to spend more than adequate amount then it is a great achievement for mankind. >> i hate to sound cynical but i cannot let you in the i to say that i buy that this is really where they have decided to take this. i wish i did. it is braver but not brave because if they're really serious there would that have moved for cloture for the filibuster. there but that have laid down every single time, and it would not be spreading belli that somehow we will default on the debt because they know better. >> it is not brave it is foolish. a year not living under austerity any more. neil: we never did. of your definition last year's was austerity i should take it

neil: ben stein good to see you again. the wear of politicians who change their mind when democrats do it but when republicans do it they say they don't have a mind. with the nasdaq all the rage what is going on? you decided the stocks are worth the by. he's out there. there's a guy out there whose making a name for himself in a sport where your name and maybe a number are what define you. somewhere in that pack is a driver that can intimidate the intimidator. a guy that can take the king 7 and make it 8. heck. maybe even 9. make no mistake about it. they're out there. i guarantee it. welcome to the nascar xfinity series. ♪ ♪ i'm almost done. [ male announcer ] now you can pay your bill... ♪ ♪ ...manage your appointments... [ dog barks ] ...and check your connection status... ♪ ♪ ...anytime, anywhere. ♪ ♪ [ dog growls ] ♪ ♪ oh. so you're protesting? ♪ ♪ okay. [ male announcer ] introducing xfinity my account. available on any device. neil: my view has changed i flat out say that. >> you changed? >> absolutely. >> he change

and at the time i was hosting a game show on comedy central called "win ben stein's money" cohosting. didn't get recognized very much, maybe like once a week. nobody knew who i was. my friend brought a game, his seats under the basket, ten rows up. will smith is courtside in the middle. a half hour before the game started he was there with a friend. he stood up and waved in our direction. and i just sat there. he kept waving. until i finally said to byron, do you know will smith? and he said, no. so i look behind me to see who he's waving at. when i look back, he and his friend are laughing. and they're waving and laughing. and like, who the hell are they waving at? and i turned back and they are dying laughing. and i'm embarrassed to do it but i go, me? and they're like, yeah, you! oh. hi. and they cracked up again. and that was the end of it because i wasn't allowed to go in their section. [ laughter ] you see, the stars really are just like us. will will be here and we'll get a little close they are time around. you hear what the waffle house is doing? the waffle house is teaming u

maria bartiromo and ben stein will tell us about it when we come back. ♪ ...and the wolf was huffingwhen you have copd, it can be hard to breathe. it can be hard to get air out, which can make it hard to get air in. so i talked to my doctor. she said.. doctor: symbicort could help you breathe better, starting within 5 minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. symbicort helps provide significant improvement of your lung function. symbicort is for copd, including chronic bronchitis and emphysema. it should not be taken more than twice a day. symbicort contains formoterol. medicines like formoterol increase the risk of death from asthma problems. symbicort may increase your risk of lung infections, osteoporosis, and some eye problems. you should tell your doctor if you have a heart condition or high blood pressure before taking it. grandfather: symbicort could mean a day with better breathing. watch out, piggies! child giggles doctor: symbicort. breathe better starting within 5 minutes. call or go online to learn more about a free prescription offer. if yo

from the bottom of my heart, ben spielberg and michelle who were absolutely integral making this event happen along with many of my other cbpp colleagues, including susan steinnd larry haas. i want to thank kelly hunter from csis. i want to especially thank ben bernanke and david wessel, along with my awesome panelists for their generous agreements to be here today. ben bernanke hardly needs an introduction. he was of course the chair of the federal reserve from 2006 to 2014 around a member of the fed board of governors before that. he has made more important contributions to our understanding of macroeconomics, economic history and monetary policy than i have time to note here. i have always thought we were extremely lucky to have him where he was during the great recession. the other thing many of us appreciate about ben harks back to the old adage, if you really understand something you can explain it to anyone. ben has tried harder than many who sit in such influential positions to be extremely clear to avoid obfuscation and tell it like he sees it. i was one of many highly influenced by his important insights decade ago what he labeled global savings gl

stein? >> yeah i wouldn't get anywhere with that. and the -- because she's hillary, we're asked to accept that she has the right to choose which laws to obey. that's big ben behind me in the background there, sean. the only reason the house of parliament exists is 800 years ago king john was forced to sign magna carte that said even a king has to bow to the law. 800 years later, queen hillary says no no no the laws don't apply to me. the laws are for the little people. >> but you've got to give her credit in one sense. i mean, she's great at spinning. she comes out in the press conference and talks about gender, inequality issues but she didn't mention that her office and the senate paid women 72 cents on the dollar what they were paying men. then she pivots and talks about a letter that 47 republican senators wrote to the iranian leaders saying, hey, we have a constitutional republic here, and if the president doesn't come to us this will be null and void over a period of time. so she pivots. she distracts. and she does it fairly well. and this is what she said. >> the recent letter from republican senators was out of step with the best traditions of ame