and charles payne, dagen mcdowell, and adam lashinsky. charles? >> well, you know, i really believe-- we know this fannie mae, freddie mac thing, this 300 billion i think we'll be talking about a billion-- a trillion rather, soon. >> neil: figure right now. >> it's an unlimited paycheck, it's taxpayer money, but i think part of this is the philosophy, if you're a home owner and you're paying your bills and you have a job, you say, maybe, you know what, you've got that anyway from some unfair means, maybe, you know, something was unfair, why do you still have a job and therefore, you actually owe it to the rest of us. you have to, you know, you owe it to the people who can't pay their bills, so, you should be upset about this, somehow, you're staying in a job you should have the in first place, and from the very top-- >> you know, i always think it's like spiro ago now, the silent majority out there, the people in this case more moderate, paying their bills and dealing with the monthly mortgage on their own. and there's no bailout or programs for t

charles payne, dagen mcdowell, adam lashinsky, look who is back. what do you think? >> well, you know, neil, this is just a mess. you know, i have a little anecdote that describes the mess. we used to worry about people stealing our i.t. people, and engineers. >> and companies are losing people, losing lawyers and people are dying to get talent that can deal with this health care morras. >> where are they going? >> they're going-- a health care person in a company i was involved with. making $145,000 a year offered $300,000 to go to another company and that's what used to happen with software engineers and now it's happening to benefits people for the complexities of this morras of health care. i mean, it's wild. >> neil: what is interesting, when you have mcdonald's saying, charles, look, this is hurting us. and this burger analogy, these burgers are not to be shared. >> i'd rather have the ones that-- >> and the meal this morning, do you >> they really, yes, you've got more piling on and more and more and more. they all say if you keep doing this, we're out. >> i'm

. >> charles payne, any of these shakeups, we don't know who is going to be shaking in here with this, make a difference to say, the pieces have to come together after the november elections? >> well, as the team is-- it doesn't make a difference because the president had an agenda, period. i don't know if you listen to these people or not. it did not matter. he had an agenda and he pushed it forward and he got done what he wanted to get done. the economy was secondary, he was looking to get it and make the playing field level. he better take a page from an eisenhower and get business people. he doesn't have to have eight millionaires and a plumber, but he has to have academics who have theories that would. >> i don't know, the plumber, that guy is getting it done. >> where you live-- >> i know, adam. these kinds of things are not uncommon in administrations, especially at this point in the administration. what is uncommon, and some are telling me it's how many of at the same time. what do you make of it. >> it's not uncommon at all. sometimes they have been around events like mid ter

hello everyone i'm charles payne in for neil cavuto. fox on top of the little guy getting popped again. dagen mcdowell and adam and ben. what do you think of this one. >> i think it would be nice if we opt out of any legislation we don't want and it isn't right that certain people should get a pass from having to obey the law and would seem to be in violation of the constitution, doesn't seem to matter to this administration. but it would be, unfortunately impossible because the health care bill relies among those who don't want it, don't need it, paying for those who do need it and can't afford it, so, it really is a bill in which the burden is put on people who don't really want to be in the bill and the bill won't work without that. >> i've got to tell you, dagen, fox learned that another 100 companies petitioned the white house to opt out. it's crazy and looks like the proverbial snowball is building. >> it perfectly illustrates the fact that nobody, none of the democrats who helped put this law together fully understand how it will

dingell, member of the national committee, and she chaired al gore's campaign in michigan and charles payne of wall street strategies, author of "be smart, act fast, get rich", also a fox business contributor. charles, let's go ahead and start this off with you. kelly had a great question about what we're hearing from candidates, she says why is it nobody wants to talk about real cuts in government, why are we not getting specifics, charles? >> real cuts in government always was the third realm. we talk about social security, medicare and medicare-medicaid and of course this defense spending. those have always been very, very hard, even though we've had this tea party movement, the grassroots movement where we're asking politicians to be more accountable, i think most are afraid to go there. realistically, the only guy i see out there who's talking like this, who is actually taking action has been christie, the governor of new jersey, but after this election i think you will see more politicians understand this is what the public wants. jenna: terry, let's get your thoughts on that, christi

charles payne from the fox business network is here to expla explain. hey, charles. be one of these situations where, there's an electronic system called mers. handles 60 to 90 million mortgages electronically and essentially before someone can kick you out of the house they have to say, well, i actually own the mortgage and you know, a lot of people are saying the paper work aspect of this is absolutely vanished. it's disappeared. so it's interesting because it came about because of one guy who's got all of the a minute to decide whether he should be foreclosed on and this may open up a can of worms that could be devastating. >> and so if you're in a home right now and you are struggling a bit with your mortgage, there's an article in that suggests not paying. if i'm having trouble and you know that foreclosures are frozen in many states, why pay your mortgage right now? >> this is a huge moral dilemma we're in right now. a lot of people are going down that road and taking it a step further. if you can't prove to me that you even own, that i owe you money, show me t

drew kessler is, mark madison, and fox news contributor charles payne, ceo of wall street strategy ies and author of be smart, act fast and get rich. welcome, gentlemen. it's great to you have on this story, which is really a big one, charles. >> yes. jenna: what does this all of this mean, what we're hearing of reports of this mass confusion in the foreclosure market? >> well, it means that they're probably going to have to put the brakes ton and really go back to square one. let's not forget, a lot of this crisis came but they chopped up the markets -- mortgages, they were sold, resold and otherwise disbursed all over the place but recently it's the robo signings, where you have one person signing off on 10,000 foreclosure as week and of course we also had someone who admit that's they might have signed off on 8000 of them without reading them. so it's back to basics, and what it means is that it slows down the ultimate recovery of the housing market, and if you want to connect the dots, slows down the ultimate recovery of our economy. jenna: drew, you work in the mortgage market eve

charles payne here now, i'm confused. how do i know? should i buy or should i rent?given up on the american dream. i think all people should be looking to be buyers. not everybody should have a home or buy a house. one of the worst corrections in the house can market. we start to look at whether it could be a financial nightmare, obviously the answer is yes. a lot of people bought houses with no money down. people lost their jobs, home values have plummeted. it's an ugly experience for people that bought for the last few years, but if you back in time, every ten years, really every year housing market goes up a little less than 5%. we had a big boom obviously that took us out of whack but people should shoot for the american dream. >>> a lot of times people watching at home, i'm sitting in here in this house, i can't afford it. i lost my job. i want to sell my house. what should i do. i can't wait? >> you are absolutely right. at this moment this is a unique point in time, it might not be until next year. the housing market, where they signed off without people looki