charles payne, what do you think? >> listen, this campaign against mitt romney to me i find fascinating. what his role was at bain capital. come in and sort of like a surgeon, a soldier in a battlefield gets shot or something, you may have to, right, may have to take a leg, an arm to save the patient. and that's what they did with these businesses, they don't talk about staples, a yoo i had that ended up hiring, 80, 100,000 people, and families in homes and sent the kids to college. no comparison. does it appear that the president has a problem with the business of private equity since one of the funders of blackstone, had a fundraiser. >> mitt romney is fine from money who made money the same way that mitt romney did. and i know tony stone, and the other half the blackstone, big part, prime partner there, he is a republican, tony james is a democratic side, and every firm does this, but we should point out how ludicrous this ad is. if you think about it, we are a he talking 1994, 1993. what was going on? they were dy

i'm charles payne in for neal cavuto.neil leaders looking for a fix for financial crisis.ing over there hurting them right here and cutting sales outlook for the rest of the year. the latest company to sound a warning now. time for the rest of us to start worrying right now. to ben stein and charlie ga

charles payne is here and not too happy. charles: i saw all the brouhaha, you got to be kiddings j.p. morgan chase loses 1 percent or 2 percent on a trade and there is a problem? we hate it when banks make money, and we hate when they lose, but what are they supposed to do? the point is, just amazing. suddenly today president obama says we need tougher regulation, we have to --. >>neil: wasn't dodd-frank supposed to do that? charles: they fell asleep on the job. you can have more regulators but this is a public relations ... the administration has taken this, the media "meet the press," have taken this, 1 percent loss on a trade, maybe 2 percent loss, and maybe making it something nature isn't. what are you doing with taxpayer money? when the lender lose half a billion, you say that is how investing goes but you talk about wasting taxpayer money as investment and we should get used to take the occasional hit? that is what the president should try to figure out. >>neil: it is like the government gifting -- giving you dietary a

on the call from the white house here, and in london, ed says forget france, watch greece and charles payne is worried. and you will see why, charles particularly charged. >> are you kidding me? this weekend we are talking about austerity doesn't work. are you kidding? spain has been always step for two weeks and greece for a month and they saying throw them out it doesn't work, get back to the welfare socialist system. what worries me is the numbers, 52-48. doesn't that sound like similar numbers to america where 48 percent of the people in this country are paying federal income tax and 52 percent aren't? in other words, it could be the same thing here when people voting their self interest but how do we keep this going? how do we keep the gravy train going and the only way people know is to tax the rich, tax corporations, and if you pay close attention, france is in trouble. the 48 percent, i admire them they must know for all of this stuff, we have fallen apart the last 30 years and some people realize it but you have a lot people who do not work, and want the freebies. >>neil: we didn't

>>neil: charles payne says it is not just workers getting whacked but the entire economy, possibly.>>guest: as bad as the stock market was what i have been worried about is the red flag has been ten year yield on our treasuries, under 190 so that is scary. that tells you the giant money, while there is big institutional money or country's money they would rather give the united states cash, big time money, to hold for ten years and get back less than 1.9 percent return. something is wrong. something is fundamentally wrong. you are right with respect to the idea, this is not just if america we have the elections, and a big election may 30th in ireland. and the idea that essential e could sweep the world, may sweep the western world, and, so all of these are nagging wall street but this is a curious reaction considering we were warned the number could be low. we looked for 150,000 coming into the week but wall street ratcheted down the estimates and some were looking for 70,000 so this reaction by the stock and bond market is curious. major red flags. >>neil: and the jobs slowing down

. >> it's troubling because look, big bank and charles payne said it brilliantly. we complain when they make money. we complain when they lose money. what are they supposed to do. bring the f.b.i. it plays for a great sound bite but it's not fair because you are going to chill the efforts of bankers, they take risks and make mistakes. as long as you haven't lied to anybody and concealed anything because you lost money doesn't mean you go to jail. >> shep: too big to bail? >> exactly. it points to a big mistake could be a big problem for all america. these banks are backed by you and me so if they get in trouble we have to bail them out. we can't afford it. >> shep: $2 billion is not of money but under the new capitalization it's not really a large percentage of money for j.p. morgan chase. >> $2.2 trillion, this profits would have been $4 billion so it doesn't mean that much to them. >> they still make a profit? >> yes. >> and shares are up. >> and geri is correct it doesn't seem like they care. what the could guy said, they are big. they gamble big. they win big a

charles payne joins us now, fox business network.mber of companies, businesses, saying that it's going to be hard for them to keep their health care plan and now a couple of schools are considering dropping them. >> absolutely martha, you just said it, 80 percent, maybe 100 percent jump in premiums. are you kidding me? listen, one of the biggest news stories of the year has been college tuition. it's outpaced inflation by a jillion miles. it's outrageous. the old saying if you think health care is expensive now, wait until it's free, obviously someone has to pay for this, and you know, if some of these schools who are already struggling find themselves paying $100,000 per student now, by the way, that's just off to the races. in august you're going to hear a gun go off. if omabacare is allowed to go on you're going to hear starters going off and it's off to the races and these premiums are going to only higher and higher someone has to foot the bill and i think this is what's going to happen, obviously tuitions are going to go extrem

patti ann: charles payne thank you. bill: thank you charles. six minutes past the hour.le for the governor's office in wisconsin. democrat tom barrett top of your screen the man who lost to scott walker only 18 months ago winning last night's primary. now set to face off yet again, head-to-head in a heated recall election that will happen in one month. >> with scott walker starting an ideological civil war in this state, and dividing our state like it has never been divided before. i have lived in this state my entire life and i have never seen the situation we have now. bill: mike tobin is live in milwaukee. what are they saying about the big rematch, mike? good morning to you in milwaukee. >> reporter: the headlines read rematch. some people on social media are writing, game on, the gloves are off as barrett goes head-to-head with governor scott walker. mayor barrett the gladiator from the left trying to undue changes made by governor walker. governor walker trying to maintain the course he set for wisconsin. >> do we want to go back to the days when a handful of speci

tell us why the races mean so much and what it means for november from the fox business network charles payneback along with monica crowley. i love that one the most. how is it possible that an inmate in texas gets over 40% of the vote running against obama? how did that happen? >> this guy is a convicted felon and won ten counties in west virginia over barack obama and score the enough votes to send one delegate to the democratic national convention. imagine that guy. you are the delegate for the convicted felon. >> i think it was the hair. i think it was the mullet. >> sean: in ohio, a half empty house. >> a half empty house. there is majority of people who have been so quiet. i thought the tea party, i was wore rid i have been asking my tea party friends what is wrong with you guys. they said we are are doing it, charlie, we are just doing it differently. >> sean: it's back. >> with a vengeance. and what the voters in west virginia are telling you, americans, the war on coal, the epa has been unleashed and they have more power than any one else except the president. the war on jobs. americ

so we thought we would talk to someone sharely valued, our own charles payne. so 400 million shares priced at this, that will be tough to keep going, isn't it? >>guest: not the first couple of days. the frenzy is absolutely amazing. you have the embedded audience, 900 million users, this sort of excitement. zuckerberg has become a rock-n-roll star beyond wall street, beyond social media, and that is why it is going to be something of a very dangerous situation for many reasons. >>imus: you have -- >>neil: you have reminded me it is a cultural icon but it does not make enough money to justify this price. >> there are ways we value companies, evaluation met tricks and most have heard price to earnings, and why care what ratio you use, it is out. outrageous. it doesn't mean that the stock can't keep going up. if enough people believe it and there are more buyers than sellers, this will be gang busters. i would the know be surprised if this stock doesn't double at least tomorrow in trading. however --. >>neil: they come out the gate like gang busters and they retre

charles payne thinks so, yes, he says it is money well spent. >>guest: i love the idea.n the board of the claritier school in the south bronx for a couple of years and our charter schools in the poor of the congressional district in america, amazing the difference it makes. >>stuart: we are talking about avoucher system and parents get a catch voucher and you can spend it on any school you like in your area, so to speak, so the schools compete with each other. >>guest: competition is the key. listen, the sound bite we used was perfect. we will be linked to the student, the interest of school linked to the student. how about that? rather than linked to the unions, rather than a link to the teachers, how about we get rid of bad teachers, bring if good teachers and we do not paint them all with the same brush. this is about how unions have high jacked education which is getting dumber and dumber and dumber. >>stuart: if kids could go where they want do spend the voucher that wrote mean the bad schools would get frozen out and no one would go. >>guest: people would say, thes

producer at the at the washington times, care picket is back and he's the ceo of w street.com and charles payneso a talk show host. so the president gives the medal of freedom to a democratic socialist of america chair, dolores is her name, and let's roll some of the tape. she met with hugo chavez and she says republicans hate latinos. roll the tape. >> recently. the president hugo chavez. he is putting up cooperative faxes for the people and you know what, like there better like the factory they have medical clinic and a dental clinic free, free for the people. they can go to the doctor and they can get their dentist and medical free of charge. now we are the richest country in the world right? so why can't we do that here in the united states. >> the president doesn't like to be called a socialist. why would he do this? >> this is what he really believes. when you see these sorts of events, these are the groups, the people that the president looks up to. >> people like me and other conservatives were excoriate when had we say that the president is a socialist and he's honoring a socialist. wi

bill: charles payne has been looking at this for some time. bring in the pain you are.ay this could happen even sooner than coburn predicts, why? >> every year we hear that the social security fund is going to run out of their money sooner than they thought. medicare will run out of money, sooner than they thought. our interest rates are going through the roof and our ratios are amazing. there are less than three people working who are receiving social security. the rate we are having kids are down. unemployment is a bad situation, quality of jobs. i think the more important thing that coburn talked about really when he talked about leadership. yeah there is the big issue of political will, but here is the thing we are not being honest about, the american people and their inability to accept or take pain and that is just american. you look over to european you see exactly what is happening, he's right. republics kill themselves, countries kill themselves simply because they will not accept or take pain. we all know this is coming. not a single person can dispute what ro

martha: charles payne of the fox business network joins me.with california and what is it indicative of? >> reporter: this is our version of greece. you ask anyone who visited greece in the last 30, 40 years, they come back home and say, man i want to live there, they know how to live. same thing with california. the golden state. they know how to live over there, they are surfing, chilling out. they built sanctuary cities, very envious. they dug themselves into a hole. martha: you compare it to greece. and it does look like our own situation of what we're seeing there. every time we see people sort of take baby steps towards austerity, cutting back here or there, and jerry brown said he tried to make some cuts in some of these programs and they weren't allowed, the minute they kick in everybody balks. they say that check isn't coming in the mail, are you kidding me? i thought that was for other people not for me. >> reporter: look at spain. spain has the historic votes, they brought in a guy, they say we are going to have austerity and then t

charles payne joins us. watches the market and the economy, how concerned are you about what is going on in the euro zone? >> on a scale of one to ten 9.5. as we speak the euro is melting right before our very eyes and that is despite coming into this week with better news or some sense with respect to greece and the polling there, that the one party that is in favor of living up to obligations and taking on austerity, that maybe they could win the next round of elections. they are ahead but it's obviously a tight race there. in the meantime spain's economy is beginning to unravel. we know about france and the elections there and what the implications are for that. germany has drawn a line in the sand, angela merkel was staying steadfast, she is not learning to take german taxpayer money to prolong the lavish lifestyle of the greeks, italians, french, portuguese and spaniards. jenna: we'll see if the line stands. that i can a very particular line especially with germany being this really powerful economy in

let's ask that question of charles payne, seen all over this network and that network. $104 billion. where it ends, we're not sure. i'm worried about people chasing this stock. i'm worried about the average investor, particularly the person who gave up on the stock market ten years ago saying okay, now i'll get back in. stock opens up at 5:00 goes to 60 and then they end of the day, someone who buys it at 80, hypothetical, and it comes back down to 50, people will get burned. you got to be very, very careful with this one. >> brian: i can't get it. you need connections to get it. you got to be with institutions that have access. so you're concerned the average american will go to get in and it will be too high. but you're not upset with the price of this today? >> no, no. listen, they did a great job maximizing their potential. there hasn't been buzz like this in a decade on wall street for one particular issue. the people at facebook have done a great job. here are some red flag, a lot of insiders are selling their stock today. i don't like to buy someone else's stock.