jonathan hoenig what do you think about this? i think this is a big problem for airbnb. there are folks out in san francisco trying to pass laws that to encourage people to give them a financial incentive to bust airbnb's business. it keeps -- >> the folks that are trying to do that, melissa, are government. the people of san francisco by and large look at polls are supportive of airbnb and why not. trade is mutually beneficial this. company provides tremendous value not only pour people who need a room, because of regulations property prices and in fact tenant prices are extremely high in san francisco to rent a many room. also to your point, people who want to make a little money. only government object in this case. >> they want to control the whole market. >> they want their piece. >> they want rent control. here is other thing. it is somewhat orwellian. isn't that in 1984, the kids and communist countries kids were encouraged to rat out on their neighbors. melissa: on their parents or whatever or neighbors? >> let me play the other side of this then. >> maybe just i

here is jonas farris from max fund.com and jonathan hoenig from capitalist pig hedge fund. both are fox news contributors. jonathan, let me start with you. netflix stock plunged what, 20% the past month? is that indicator we're talking too much about people cutting the cord? >> netflix i wouldn't call it a cable killer, adam. it is a entertainment revolutionizer. apart from the stock, i can remember wasn't too long ago you had to the big pile of vhs tapes, wasting online at blockbuster to get entertainment. netflix changed the game. they're a threat not only traditional movie studios, the traditional movie studios but all forms of entertainment. for the stock, it has been loved for quite some time. i'm not surprised to see it give back its gains. it is not a stock i love but it is revolutionizing the entertainment field and all those who compete with it should be scared. adam: what jonathan just said would seem something they said in the '50s, that television would kill movies, it never did. movies are making more money than ever before. is netflix really a killer? is there

melissa: jonathan hoenig, you want to get in here? >> i'm sorry a to see that goldman sachs is thinking about closing their dark pool, melissa. that is trading venue. you know what, trade is good. no matter where it is. whether anonymous or not anonymous or dark pool or electronic message board. whether on an exchange. those type of trades made the market more efficient since they have begun. look at spreads on large cap stock before dark pools and high frequency trading. it was 15 or 25 cents. it is penny or less. >> i think jonathan is half right. i don't think he gets whole notion what the markets have become since 2005 and 2007. >> more efficient, charlie. >> i agree with you on the, with the notion that you know, the electronic trading and high frequency trading has helped reduce commissions and spreads. that is good for liquidity in the market. here's the problem, when there were two exchange we didn't have "flash crashes." >> i predict they won't close the dark pool. >> we had real crashes, charlie. we had real crashes not two

and jonathan hoenig of capitalist pig hedge fund.hat is pretty staggering that is a big drop in loan demand. what do you make of it, tom. >> it doesn't really surprise me. think about it. we had historically low interest rates for so long now. and, anybody in the world that wanted to refinance is probably refinanced over last -- melissa: no refinancing left. still low though. if you look at 30-year fixed, it was 4.5%, up from 3.6%. still low, hillary. >> it's low but the problem, melissa, is that home prices have risen so much, especially homebuilders, they tried to jack up the prices but there hasn't been wage inflation. there haven't been wages rising. no one can afford to buy a home. plus four million rental units are on the market but there are two million less homeowners and four million more renting. the numbers won't work until day comes when home prices drop. melissa: jonathan, do you agree with that analysis? >> the whole market itself, the whole market for homeownership, melissa, is dominated by government. that is making i

jonathan hoenig and others are here as well. it is not free. >> they are saying it is $34 million, which they say is not that much money, but it is a lot of money if you don't have kids first of all. lot of money sending them a degree in pottery. technical schools that are part of this problem, that works at are you require them to stay afterwards? how are you getting your money back? we will soon find out. tom: i wanted to do the neil cavuto show. that is when i was 18. what did you want to do when you were 18? did you know what you were doing? >> i did not want other people to subsidize my future. did not want to be indebted to the taxpayer for the rest of my life and that is what this is. if the lawmakers would go to college, the first thing i learned an economics class would be there is no such thing as a free lunch. this exacerbates the real problem in higher education which is not simply higher prices, it is government involvement. that is why goes up year after year after year. all of the subsidies, all of the grants. we

jonathan hoenig, a fox contributor. monica mate at that and spencer abraham from "wall street journal" thanks for joining us. i will start with you guys. spacex looking to raise a lot more money. do you think they're a good bet? would you give them more money? >> there is reason why elon musk was the dell for "iron man" movie character character in the movie. he thinks bolder than anyone in technology today. melissa: that means you can cash boldly as well. >> yeah. it does. spacex almost went bankrupt in 2008 because they couldn't launch these rockets. melissa: sure. but they got a great contract from nasa. >> they have several billion dollars in order backlog to launch these satellites to bring cargo to the space station. first time ever a private commercial company has done that so i would say he's proved, he has redisked this a lot. he is on a really safe path right now. melissa: monica, what do you think? would this be like getting in on tesla before tesla's ipo or is it riskier than that? >> it is way riskier than

charlie gasparino and capitalist's pigs jonathan hoenig calling for again till snub. >> i don't believen sort of violence. they want to kill me, these guys. melissa: well, there is that. there is that. >> i don't blame them. melissa: jonathan, who is on your list? who is on your list? >> medical list sat fact that ceo makes $10 million in a free economy has no impact on me. melissa: no. >> what has i aming pack on me when government gives ceos money. ceos on my list of all companies received company handouts, large jess, doctoring largess and tesla and aig. melissa: elon musk. >>ing of. elon musk paid back 400 plus million dollars that sets up this legitimizes this notion that government should be making investments in private companies. same thing with aig. i know the government made profit on those invests but that create as moral hazard next time around. melissa: i hear what you're saying. elon musk said they were giving away the money at a cheap rate? i didn't need did. >> because he got morality and ethics and doesn't want to start a company on taxpayers backs. melissa: okay. charl

with us, jonathan hoenig from capitalist pig asset management, fox news contributor. rich lowery, "national review" and sam chan done, economist with chandone economics. sam, i start with you. 200,000 new non-farm jobs created in the month. an unemployment rate that slips to 6.6%. do you agree with the consensus number or do you agree it would could be better? >> i think we could have number better than that. we've had drag over job creation over past couple months because of bad weather. what that means, although weather isn't a negative issue for us in the march numbers, the march numbers might be inflated a little bit. if there was hiring that wasn't happening in january and february -- gerri: so may be a head fake? >> yeah. gerri: jonathan, what do you say? i know you follow these numbers very closely. what do you expect tomorrow? and even if we have something a little better than 200,000, is that really satisfying? >> i think you will see a dramatic reaction in the markets, gerri, as the number beats expectations. you could see 210, maybe even 220,000 jobs create