ben stein, charles payne, dagen mcdowell. we've got adam lashinsky and charlie gasperino and back by popular demand, suzie welch. suzie, you know, i guess you go into this more cautiously? >> well, you're a historian, newt gingrich is a historian. ronald reagan reluctantly agreed to taxes on businesses and wanted everyone to the table and lo and behold the tax hikes and spending cuts never materialize, it's a sucker punch and probably going to happen again. anything the super committee would create would be a frankenstein deal. two different worlds used and ideologies, whatever they put together is going to be sort after monster and we can be sure we'll see tax hikes and little spending cuts. >> neil: ben stein? >> i think we're going to he see tax hikes, it's baked in the cake and responding to taxes for many, many, many years now and there are going to be tax hikes. >> and don't you think we will be even more irresponsible with spending? >> we're spending irresponsible with both. and we'll be italy, if we don't quickly cut

charles payne, bon jovi's next door neighbor, says it's taxpayers who are the ones getting buzzed in that event. he's not really. people say wait a minute. anyway, joining charles, we have gerry willis. we have charlie gasparino, always enjoy having him. charles, you find this a bit of a pain? >> yeah, i got to blindfold people to bring them to the house. no -- >> neil: that must be an event. >> realistically, you know, this stuff is egregious. there's no doubt about it. but from the super committee's point of view from the taxpayer point of view, this is low hanging fruit. i want them to really get to the real issues here and for me, that would be finding a way, you know, i know we're talking euphemism, revenue raises and all that, cut the taxes for people who earn money, cut taxes for corporations and cut spending. all this other stuff is shocking and it's fantastic, it grabs the headlines but it gets us further away from actually hammering together a deal and the clock is ticking. >> neil: real quickly, charles, we're leading with this. so you know. >> it's important stuff, neil, n

but if you think you are off the hook, charles payne says get ready. sky-high airline fees are going higher and charles, do you think it could be much higher? explain. >>guest: i have to give the airline industry, really, just before inflation, if you go back two or three decades they are not up that much adjusted for inflation. that is why they have to go up. this nickel and dime thing, it is ridiculous. two dynamics, deregulation in 1979 and since then, 189 airlines have gone out of business and they have killed themselves with the crazy price wars, and i'm telling you it is nuts. but adjusted for inflation, the fees are not up that much and if you add fuel, forget it. >>neil: whether you like the fees are not just to stay athreat, the airlines have to sock it to you? >>guest: yes and it will be tight. if you become a flight from that guard i can't to montana at 1:00 o'clock in the morning it will be packed because they will use all the seats. they are trying to make money and we can see how difficult it is. they have amazing pension obligations to pa

>>neil: okay, all right, charles payne, thank you very much. big on a government bailout and now, well, he is out. and veggie nutrition... v8 v-fusion. could've had a v8. align can help. only align has bifantis, a pantented probiotic that naturally helps maintain your digestive balance. ♪ ooh baby, (what) can i do for you today? ♪ try align today. >>neil: now we get word that executives of solyndra, the solar maker, after they got half a billion government loan, they were rewarded bownesses worth up to $60,000 each. early in the year. and this is right before the bankruptcy. so you are giving someone bonuses, like fannie mae and freddie mac executives getting the multimillion dollar bonuses and when it rains it pours. weird. and now, form new jersey governor corzine hiring a criminal defense attorney, the head of mf global stepping down after $6 billion bet on the european bailout that went bad and $600 million of client money is missing and charlie has been all over this country. today, we also learned that corzine did not seek any renumeratio

charles payne is here with us. the trerb rise on the hook nor fanny mae and freddie mac, right? unlimited assistance, isn't that just part of what is going on now. >> reporter: that is right. they slipped it on us about a year ago. between fannie mae and freddie mac they are closed to 200 billion. one of the craze eye aspects of it is they still pay a dividend. part of the money will come from the government to pay the government back a dividend. that is the ultimate ponzi scheme shell game and i guess some politician will say, hey at least they are paying us a dividend. it's the kind of stupid thing that sort of got us in trouble in the first place. jenna: taxpayer money goes to them and taxpayer money goes back through the dividend. okay. the associated press put it this way congress has made little progress in figuring out what to to with fannie may and freddie mac. what is the solution here. >> reporter: without a doubt it's a gigantic behemoth. i think it's been a major mistake by the administration to pushout

i'm charles payne in for neil cavuto. 30 million americans heading home for the holidays and getting hit. 50 cents more a gallon to fill up compared to last thanksgiving. guess what? that's okay with opec. the oil cartel top guy saying quote, he's comfortable with where prices stand today. get ready the sheik is going to hit the fan. and matt. what do you make of this. opec saying they're pretty cool with all of this. >> they're pretty cool because they're making money. the higher oil prices the more money they're bringing in. if you're a supplier of oil you want the prices to be high and demand to be up there, but the united states has to take a step back and realize that we're importing now about 65% of oil that we use. back in 1970, that number was 20%. so, we continue to import more oil because we're using more, instead of actually looking at what's in our country, and natural gas, drilling or oil. there's so much opportunity and resources we're not taking advantage of and looking forward ten years, we're expect today spend 10 trillion dollars on importing oil. and imagine the am

charles payne intellectual supports.xt she said it was >>> from america's news headquarters i'm marianne rafferty. a third woman has died one month after a helicopter crashed into a new york city river during a sight seeing tour. 60-year-old harriet nickelson died early sunday of respiratory complications of near drowning. she was aboard when the pilot lost control shortly after take off. her husband and the pilot were the only survivors. the crash is still under investigation. >>> and the price of gas across the country headed downward over the past two weeks. the national survey reporting pump prices dropped 4 cents during that time. regular now averaging $3.43 a gallon. l.a. the highest at $3.83. i'm marianne rafferty. now, back to "geraldo at large." for the latest headlines, log on to fox news .com. foxnews.com. >> units arrived to the scene they located a female on the property who appeared to be deceased. the victims hands and feet were bound. she was completely nude. >> you mean to tell me somebody who is doing r

charles payne intellectual supports. up next she said it was o to foxnews.com. >> units arrived to the scene they located a female on the property who appeared to be deceased. the victims hands and feet were bound. she was completely nude. >> you mean to tell me somebody who is doing really well all 32 years of her life in a matter of two hours is going to decide to do all of this elaborate plans. why would somebody do that? >> i have the same question. >> from the beginning a lot of things were ignored. >> this is a prime time alert. the mansion where one of the nation's most unusual suicide happened has been sold. the millionaire owner has moved on his life shattered by the death of his live in lover and 6-year-old matt fatally injured while in her care. though the cops closed the case and label it a suicide, her family insists she was murdered. there is suspicion fueled by a second autopsy by dr. webbings who said cops rushed to judgment. >> on the left an bremer well-known lawyer legal analyst and also legal activist

joining me now with reaction is the ceo of e street.com charles payne. and margaret hoover. >> this is an inside job you said something before coming on the air, how is it nobody is talking about it? >> i can't believe this isn't a bigger story. what do you have here? citi group, $45 billion in tarp? they got double thachl secret loans that they're doing without congressional oversight. guess who wrote the plan? tim geithner, the share of the new york federal reserve this, is a classic case of federal reserve helping big banks get bigger. and main street doing terribly. local banks and family businesses are failing. community banks failing. small businesses can't get loans and we're losing jobs and there is -- forget about ordinary folks getting loans. you talk about a lot of the things the next year talking about this election. i can't figure out why this is not a bigger story. >> it will get there. >> i agree. the news is out. and i've been wondering for months why this hasn't been a big story. the idea they make this much money off of this. $13 millio

charles payne intellectual supports. up next she said it was murder.woman found. for many, nexium helps relieve heartburn symptoms caused by acid reflux disease. osteoporosis-related bone fractures and low magnesium levels have been seen with nexium. possible side effects include headache, diarrhea, and abdominal pain. other serious stomach conditions may still exist. talk to your doctor about nexium. fore! no matter what small business you are in, managing expenses seems to... get in the way. not anymore. ink, the small business card from chase introduces jot an on-the-go expense app made exclusively for ink customers. custom categorize your expenses anywhere. save time and get back to what you love. the latest innovation. only for ink customers. learn more at chase.com/ink but wanted to do something more for my nutrition. there's so much information out there. what's good for you today, is bad for you tomorrow. i had no idea what to choose. until i found pronutrients -- a new line of supplements from centrum, who i totally trust. omega-3 supports not

charles payne of the fox business network is with me now. charles, let's start with that last item because when standard & poor's gave us the first credit downgrade, it dominated the news cycle for days and weeks and was a huge deal. you say expect it to happen again with the other two credit reporting agencies as well if this supercommittee goes the route charles schumer says it will. >> absolutely, it will. that was a shot across the bow, really a warning shot sort of like, hey, guys, get your act together because this is just the first in a step, in the next step which is an even further downgrade. so we already know what's waiting for us. we know the reaction. here's the thing you have to worry about. our bond market didn't fall apart, so there are a whole lot of people out there who are now comfortable with the idea that, hey, maybe aaa status is a big deal. it is a big deal, and it does hurt our ability to raise money and in so many other ways. so the first step, the one about the rate downgrade, that is already built into the pipeline.

and sitting next to me is charles payne. his brother is a police detective who wages a one-man gidgee plan tee against crime. he is always left so he is night right. hi, pinch. >> according to the thursday style section, soho shopping district is hot once again. for you nonnatives, soho is south of house ton just as lolita is north of little italy and try beck caw is triangled near canal street. that's where loose lips retired to don't you know? apologies. >> that's quite all right. we will talk about mobsters later. >> that was incredibly offensive. >> as is this camera angle. i can see your arm. >> they turned oak town upside down, or they tried to. after a general strike on wednesday, protests in oakland turned extra protesty with cops in riot gear arresting dozens of the occupy yes, sirs who marched in to take over a vacant building. they were smashing windows and spraying graffiti. even men's wearhouse wasn't safe as you can see here as they sided with the protestors and posting, quote, we closed our store today for one

charles payne joins us now. charles, this is a tough reality that keeps a big wind on this economy. >> you're right and so many point to housing as the epicenter of what got us into this mess, therefore it's got to play an extraordinary role in getting us out, yet people continue to see the values of homes go down, even though unemployment stumbles at 9 percent and higher, real wages aren't budging at all and there's a report that the legal fees have gone u this is the first time in a year that they've gone higher, quarter over quarter. so red flags, and housing markets, of all things, where we've seen billions of dollars in this program, billions of dollars in that program and nothing seems to be working. martha: i guess that's one of the big questions, charles, because a lot of money there is been -- has been thrown at this problem and some say it stretches out the pain in the housing market and makes it longer to hit the bottom. >> i got to tell you i'm one of those that believes this. a couple of years ago, i

coming up, charles payne and jedediah bila and actor robert dobie. >> now back to andy levy with the thanks, greg. tom. >> hi, andy. >> how was your halloween? >> i i didn't dress up because i am an adult. justin bieber is innocent and sexual harassment doesn't exist and i too love thunder snow. >> come to my party. >> thanks for summing up. >> i like that. >> rick, what did you go for for halloween? >> because i am not an adult. i was a navy seal, but it was supposed to be bin laden. >> so you dressed up as one of our military heroes trying to get you some stolen valor? >> pretty much. >> pathetic man. >> just awful. >> courtney, how about you, halloween fun? >> i did not dress up this year because i have become a parent and decided to focus on my child's halloween experience. he was the cookie monster because he is a very large baby, and he doesn't eat cookies yet, but if he did he would love them. >> i just like that you put parent in scare quotes. >> people say, oh you don't care about yourself once you have a kid? i'm that person now. >> key don

in three minutes charles payne will show us what the impact will be. julie: a horrifying accident caught on camera take a look at this a chopper spiraling out of control smashing into the ground. what the pilot was doing set of the crash. rick: she is calling it an outrage, republican presidential hopeful michelle bachmann demanding that nbc apologize for what happened during her late night appearance with jimmy fallon. did you see this? we'll tell you. >> this is clearly a form of by as on the part of the hollywood entertainment elite but it's also a sexism as well. this won't be tolerated if this was michelle obama. it shouldn't be tolerated fit is a conservative woman either. looking good! you lost some weight. you noticed! these clothes are too big, so i'm donating them. how'd you do it? eating right, whole grain. [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios... five whole grains, 110 calories. julie: an amazing scene you'll have to see to believe, a helicopter crash in new zeal

charles payne from the fox business network. here we were talking how great a month october was when you look at stocks and suddenly november 1st. what is going on? >> absolutely amazing. although at this point we shouldn't be surprised. apparently greece will snatch victory, i mean defeat from the jaws of victory. this surprise announcement throwing everyone to a shock. they want to put it to popular vote, only second one since 1974 to the people, to the masses whether or not they should accept this bailout. right now the idea is that perhaps they will because the euro is very popular. the notion that the greek people would all of sudden become really hard workers and not be bailed out, nevertheless this is serious monkey wrench and has reverberations throughout europe. european stocks are getting hammered, particularly the banks, feels like in some respects we're at square one. jenna: let's talk about the banks here at home. we'll go to greece in a moment to explore some of these issues, charles. big news happened earlier this

charles payne says ain't that a kick in the freddie and the fannie. >>guest: how more disingenuous can washington get. and they hit us up for another $14 billion so it is approaching $200 billion. >>neil: freddie mac and fannie mae. millions and millions not based on a system of merit, or based on anything. there is no way you can justify this and we have $35 million on the screen. but what makes it interesting --. >>neil: but their argument is we are stabilizing things. it is like me asking for a bow thus because i am breezing. the argument is the blood letting is done. and you are not convinced. >>guest: anyone can be convinced. not a person. no one in the audience watching the snow is convinced of that. if they can put that argument up, they could be entitled to a bonus but that they should collect a bonus. remember tarp and the president said? anyone who takes tarp money, a c.e.o. can only make half a million. that was it. we are not talking bonus but half a president from running the big multinational large corporations and, by the way, a lot the

martha: charles payne from fox business network. here is a little context on this conversation here. we see where we stand now. 390,000 claims is the number for today. a little higher than the low we saw back here at 375 in the recent numbers. we're still well above the number you need to indicate a healthy economy. for that we need to be below the 375,000 mark you can see. this yellow line is the line you need to be at to create jobs in a healthy sustained economic situation. we have a ways to go. bill: we certainly do. martha, thank you. in a moment the child sex abuse scandal at penn state claiming the career of a sports legend and many students are not happy. >> joe paterno!. bill: there were clashes on campus late at night after joe paterno was shown the door at 46 years. martha: a stack of new e-mails subpoenaed from the white house, detailing the early days of the discussions between the administration and the investors at solyndra. what they say about vice president joe biden and his reaction to how badly he wanted that deal

500 point run up in the dow to make november positive and for the year nominally positive, but, charles payne not all it appears. you are still worried? >> i am worried but i see the october rally and i like the fact it has been dirty finger nail rally, caterpillar was strong, and deere was strong, but 9 percent unemployment, and, the overall aura of the stock market, the antibusiness climate, that still there, and it will still be there with this administration, and they are head winds that will not go away. >>neil: related to the politics and talked about herman cain, the theater could be just that. theater. and moot. because if we keep seeing days like this, or better-than-expected jobs report, and continuing to go up, maybe it does not matter who the republicans nominate. >>guest: president obama's poll is 43 and the average was 49 percent and only three other presidents have had that, carter, ford and true plan -- truman was the only one re-elected. the president pay have bottomed at the right time. we don't have to have a rip roaring economy in november but just to say give me another s

charles payne joins me now. charles, look, let's keep this searchel. europe is hemorrhageing money. it's trying figure out what it is going to do to save their currency, the euro. they sent two top guys to oversee the -- who oversee the censy to meet with president obama, hillary clinton, tim geithner, ben bernanke, just yesterday and the day before and we've done a temporary measure to help them through our fed, and it only buys us two weeks. let's first talk about the temporary measure. is that taxpayer dollars, are we giving it to europe, and are we likely to see it back? >> it's a loan. it's what they call a swap. and they give us a euro, we give them a dollar, or the equivalent of like 1.50, for each euro. so you know, they needed a trillion dollars, and they would give us a trillion -- a little less than a trillion euros. it's called a swap, but essentially -- this is one of the things you've got to be careful of, because the fed will tell you this is not inflationary but they have to come up with these dollars from somewhere. i do believe it will be inflationary. this goes ou

charles payne of the fox business network is with me now and, charles, they are now, the folks in canada who are behind this proposedpipeline, saying they are already now going to talk to china, and china wanted to get it hands on these oil sands, and now they're telling the unite, look, why would we wait around another 12 to 14 months just to get a maybe? we're going to turn to china. what kind of stakes are we looking at here for the united states? >> these are incredibly high stakes. we've talked a lot about the 20,000 american jobs, the 700,000 barrels of oil from a friendly ally every single day. but then there's also the notion that, you know, listen, china, china's been eating up these oil reserves. in the summer they made a $2 billion purchase, last summer they took a 9% stake, spent almost $5 billion. they're taking over as much oil as they can, fossil fuels around the world. so this is a jobs issue. i think it's a security issue because forget about all the talk that you hear. however controls fossil fuels over the next 20, 30, 40 years controls the world. i think this is a mis

charles payne, thank you, sir. troubling new news. an apparent change of story from assistant coach mike mccreary. he sailed he witnessed sexual abuse by jerry sandusky. what he's now saying three minutes away. he's been climbing in the polls for weeks. now newt gingrich looking very presidential. our panel will look at how he stacks up against president obama. could newt beat president obama? we'll talk about that 20 minutes away. occupy wall street, getting the boot from zuccotti park in lower manhattan. now new york city may have a legal battle on its hand. >> no right is absolute, and with every right comes responsibility. the first amendment gives every new yorker the right to speak out, but it does not give anyone the right to sleep in a park or otherwise take it over to the exclusion of others, nor does it permit anyone in our society to live outside the law. wanna know the difference between a trader and an elite trader? it's this... the etrade pro platform. finds top performing stocks -- in three clicks. quickly scans the mar

charles payne is a fox business network contributor.eye in "the wall street journal" today is seeing that sliced bacon has gone up 34% in two years. i love my bacon. >> oh, yeah. you guys must have had the morning meetings today. bacon is through the roof, who can we call? charles! [laughter] jenna: what's going on with these meat prices? >> there are so many reasons for this. first of all, american demand has never waned. people love their pork, their beef, but also global demand is amazing. you know, the notion where we had this world, most of the planet lived off rice and sweet potatoes is gone. as they get richer, believe me, 75 million more people on the planet every single year, they want the stuff that we already love. jenna: some vegetarians might be a little upset at that last comment, charles, but we'll move on. is there something we could take away there -- from this? our exports are relatively good, the dollar is cheap, so it's affordable overseas, is there a lesson at looking at this industry? >> you know, we saw meat price