i'm neil cavuto and we have ben stein, charles payne, adam lashinsky, lee gallagher. >> i would be surprised if there were not other surprises. it is like iran is building a nuke. ok, we know. neil: that was a fox news alert. >> here is what is really scary about this. everything from the cost, how we are going to pay for it, and then the medicare advantage thing, i think, obviously has a lot of seniors up in arms. even this thing, the one thing i'm worried about is reneging on the drug companies. they were browbeat into coming into the deal and more than likely congress will extract more money from them. neil: we should explain there are democrats who say the $80 billion deal with the drug companies they don't approve but the leadership says it can fall apart. >> i think the drug companies will be asked to fork over more. neil: ben stein, what do you make of this? >> what i'm worried about is the fact this president seems to have very little regard for truth. the fact that he said he would have the plan without affecting the deficit is a lay. the fact that he said he was going to read the b

i'm charles payne in for neil cavuto. will the's get reaction. matt, the government saving money. can't even say it with a straight face. >> it doesn't make sense to me. in an ideal world we would cut the pork and be able to pay for this bill. however, the government has never done this in the past. if you look at the plan, he talks about cutting $500 billion. that's coming from medicare which is already in deep problems. he is shifting it from one area to another n my mind, there is no way they are going to save and it is going to cause a great deficit. >> ben, you are the resident historian here. has the government ever been able to save money on a plan this ambitious? >> never, and it is a sign of an amateurish politician that is saying he is going to take it out of waste, fraud and abuse in medicare. it will never happen. politicians would consider that a laugh outloud joke t doesn't happen. it will affect old people's health and welfare. there will be a bad relationship, a worsened relationship between patient and, doctor, all in the name of giving health insurance to a small

let's get reaction from charles payne and adam lajenski. so now doctors can join in on the health insurance. >> oh, yeah. here is the bottom line. profit motivation is one of the things that really makes a difference, without a doubt. if you take that away, you ruin any business, any industry. you go, let's say to mcdonald's. the service there is horrible because you ask anybody behind the counter, they say we don't make a lot of money so why should we make the effort? there are a lot of people out there beginning with the president that believe that shared sacrifice is more motivating than self sacrifice and it is not. people want to take care of themselves and their families first and then they had take society. >> i think the service is pretty good. >> really? i got to hang out with you. they know who you are. neil: what do you make of the argument that they are saying to the card ol gists and neurologists an brain surgeons, you guys are making hundreds of thousands of dollars and millions of dollars and that ain't right because you're s

charles payne was one of them. they are coming after you, buddy. are you worried? >> they are always coming after my money. i am worried that they are coming after everybody's money. everyone watching this show should be worried. they give you a false sense of security, do not believe those fears, we are only going after the top 100. we connell: are not all fat cats like you, why should we be worried? >> now they are saying that you do not have to be part of the t.a.r.p. money, it will only affect 700 banks. we are talking about loan officers. here is the thing, if you are a loan officer and you are afraid that someone is coming after the pay? who is really going to pay? your glen yet denied if you are looking for a loan. -- you are going to get denied if you are looking for a loan. connell: let's say that you have a loan officer. the bonus structure system in place makes it likely that there is too much risk and it blows up. what do you say to that? >> how come we are starting to take this notion of bringing risk out of capitalism is crazy. it is part of it. that

charles payne, c.e.o. of wstreet.com, my favorite street. irst let's explain, if i have common shares of stock, you know, this is a company, dirtbags are us, and my company is too big right now and i have to have more money. why do my shareholders not want dirtbags are us -- if i've got four shares here, and that is all that represents the whole pool of stock, why do they not the dirtbags at dirtbags are russ to issue another four shares? >> because you dilute the company and make the shares worth less. >> glenn: how much less? >> just like if you had a pizza and we have one for us, and it's great, but four friends come over and we have to cut it even smaller. it hurts the pie. glenn: if i'm a stockholder i'm like, no, no, don't just print up more shares because mine are worth less right now. >> they are wrorgts less, but sometimes it can be done for a smart reason. glenn: like? >> demand for the product. listen, we're making the best widgets and everybody wants our widgets. glenn: but if you're spiraling out of control, not a good idea? >> a

could be a decade before we recover from the housing bubble burst and wall street strategy's ceo, charles payneeans for not just homeowners but the larger economy and charles i was stunned to read it and i'm turning to it now, ten years to recover, 40% in losses? really? >> right, first of all it is made's opinion from the boom to the absolute bust, and where the average home lost 40% of its value and will take ten years according to them and i have to tell you, gregg this is also part of the whole new economic reality that i think a lot of us have to get used, to though i will say, i'm not nearly as pessimistic as they are. >> gregg: what about this rally in homebuilders stocks, i looked at the case schiller index and prices of single family homes in the top 20 cities, in addition to the homebuilders stocks rose in june for the second month in a row, what about that. >> we have positive trends and in fact existing homes sales are up for the first time four months in a row for the first time since '04 and there is the unique aspect, the first time homebuyer is responsible for 30% and you have d