stossel is coming up. inder. click on your symptoms. get the right relief.akes the cold aisle easy. th robussin relief finder. it's that simple. [ male announcer ] you know her. we know diamonds. together we'll make her holiday. that's why only zales is the diamond store. where you can get up to $1,000 off now through sunday. ♪ ♪ [ female announcer ] light up your season with a brighter, whiter smile. with crest 3d white professional effects whitestrips. ♪ in just 3 days you'll start seeing a noticeably whiter smile. for a smile that's sure to stand out. crest 3d white professional effects whitestrips. also try crest 3d white paste and rinse. >> greta: today 20 states ganging up on president obama and the new health care law. what happened? florida attorney general mccollum joins us live. good evening, sir. today you and the federal government slugging it out in federal court. about this health care law you want it declared unconstitutional the judge said if congress can do this because it is for everyone's benefit with why wouldn't they be able to make you

john stossel has a list and he has checked it twice.nd then, is it legal on a muslim teacher allying with attorney general holder to sue her school district because they wouldn't let her go to mecca? wow. >> bill: stossel matter segment tonight, it is estimated the federal government has committed 400 billion with a b dollars to assist private companies damaged by the recession. that is called tarp money acronym for troubled asset relief program. stands now about 50% of the money has been paid back to the taxpayers but some companies are lagging in that regard. here now with who was naughty and who was nice regarding tarp. fox business anchor john stossel. okay. so we gave you this assignment. let's get to the good news first because the bad news is always more fun. really rip these companies that didn't pay the money back. run down the list of the five largest that have paid the money back. >> five largest are citigroup, bank of america, jp morgan chase. wells far go and goldman sachs. >> bill: all of those companies, and they received

john stossel is the anchor of "stossel."they are not buying them because they are adorable and fun to pet and look at. they are buying them for a tax writeoff? >> reporter: the alpacas are the only one that's kind of like a pet and fun to have at home. low maintenance. there used to be 150 in america. now there are 150,000. this is the new bubble coming. but same kind of thing. megyn: 150,000 farms or sal packas. >> reporter: -- some selling for $100,000. megyn: he had things i could never write off. after purchasing the alpacas my toys became writeoffs. >> reporter: you pay capital gains tax. megyn: the intention was let's help farmers and give subsidies? >> reporter: the same thin that got me that free golf cart. a congressman said we'll steer you to good things. megyn: are you hurting these alpaca farmers? is there going to be a crackdown in the wake of this? >> i wouldn't call it crackdown. they should stop giving all livestock farmers a special break. megyn: your special friday night, 9:00 p.m. hannity's spot. >> i'm on

hn stossel has a fun job. who wouldn't love destroying a car? >> government can and should help the carmakers. how? i know. let's destroy some cars. does this make sense? sure it will stimulate the auto business! that was the idea behind cash for clunkers. how far can i carry this principle? the guitar business is struggling. let's destroy some guitars. the economy's struggle -- struggling sales are down, stimulate the economy. destroying some things they will have to make new ones that will create jobs. stimulate, stimulate, stimulate! >> greta: that was not glenn beck's car or bill o'reilly's tv but that was a sneak peek at stossel's new special. airs here tomorrow. check out stossel thursday nights at 9:00 on fbn. john joins us. >> we need to stimulate anything? >> greta: i hope not. why have you don't this? >> it is all government. they act like the central planners can just fix things. you can see the benefits jobs created this or not that program or cash for clunkers -- >> greta: did that work at all? >> yeah. not raise car sales in july a

john stossel has a list and he has checked it twice.nd then, is it legal on a muslim teacher allying with attorney general holder to sue her school district because they wouldn't let her go to mecca? wow. i have asthma. and en my symptoms came back i'd get this tightness in my chest. so i went back to my doctor again. we chose symbicort to help control my asthma symptoms all day and night. [ man ] symbicort improves my lung function, starting within 15 minutes. symbicort will not replace a rescue inhaler startifor sudden symptoms.. it is a combination of two medicines and should not be taken more often than prescribed. symbicort contains formoterol. medicines like formoterol increase the risk of death from asthma problems, and children and adolescents may have an increased risk of being hospitalized for asthma problems. symbicort not for people whosasthma is well controlled wi a long-term asthma control medicine like haled corticosteroids. once your asthma is well controlled, your doctor will decide if you can stop symbicort without los

john stossel did some looking into this.eporter: cal were national rugby champions, but the school said they are no longer a var it's supported and they announced though news. >> we're in shock. >> reporter: the coach jack clark it's about title 9. >> we have 60 males and weaneded up demoted out of the athletics program because of the male head count. >> reporter: if you are trying to even out the number of men and women, on the team of 60 players, it is a hard, even if they are national champions. >> we have four players on the national team and 12 all americans last year... >> reporter: the school told them the team was cut to save money, but get this. the team is self-sufficient and they raised enough money to pay for themselves an even offered to help pay for women's teams. >> proposed helping to fund women's lacrosse and women's gymnastics. >> reporter: but that wasn't enough. that shocked cal's gymnastics coach. >> i asked the athletic director if i handed her a check now for millions of dollars, would we be reinstated

stossel joins us now live here on set.ying we have to do it all, we have to hike the taxes and we have to stop the spending and we have to impose some austerity measures otherwise we're not going to be able to tackle down this debt. >> and i argue that taxes aren't going to do it because rich people change their behavior and they don't pay much more in taxes, it's never been shown to work at 90% rates or 40% rates. tax collections are about 19% of gdp. they this are spending 3-plus trillion dollars. isn't 2 trillion enough? if they just spent that there would be no deficit. it's the spending that is the problem. megyn: are the republicans making that argument? just this week in connection with the segment we were doing i did research on what had happened his tore being lee when we lowered the taxes on the rich as opposed to raise the taxes on them. we looked at the coolidge administration. george w bush. it was it was a revenue razor. >> reporter: they paid more taxes. when tax rates were 90% ronald reagan would make four

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. >> announcer: reporting from our nation's capital, john stossel.john: politicians always say they will fix""a things. their laws have unintended consequences. let's count them down. we begin with promise number 10. government can and should help the carmakers. how? i know, let's destroy some cars. does this make sense q sure, it will stimulate the auto business. that was the idea behind cash for clunkers. >> cash for clunkers will pass. john: democrats and some republicans voted for it for two months last summer the administration paid people $3,000 if they had their older car crushed and buy a new one. they say that stimulated the economy. >> the president: good for automakers, consumers. >> good for suppliers, workers. >> i guess i should destroy more stuff. cash for clunkers may be the dumbest policy ever. >> the case toe institute's bose are among many who point out increase in cars sold during the cash for clunker months stole sales from months before and after. >> what is missing is that most cars that were sold under the program would have b

and john stossel on something you may not even know from our friends at hickory farms. food will go up a lot. ♪ [ male announcer ] you know her. we know diamonds. together we'll make her holiday. that's why only zales is the diamond store. where you can get up to $1,000 off now through sunday. there's one gift you can always count on to save the day. it the gift yove today to the american red cros . #. visit redcross.org and give the gift that saves the day. ♪my country, tis of thee, @ sweet land of liberty, of thee i sing;@ ohhhhh, land where my fathers died,@ land of the pilgrims' pride, from every mountainside, let freedom ring! ♪ >>neil: and one week ahead of christmas eve and i can't think of anyone better to celebrate than my buddy john stossel our biggest star on fox business network. if you do not get fbn, demand it. this is a fox crowd. a fox crowd. john, good to have you. you said that tucked into the extension of tax rates which you would be for, there are a lost or things that are not so great. >> big things. like keeping the ethanol subsidy which i thought

john stossel knows all about it.ly wrong. >> over three of them, anyway. >> three most important. >> no. i'm going to save the most important for my show. >> fantastic! >> number 10 was cash for clunkers which the auto business is struggling. we have to create more business for them. so let's destroy some old cars. and that's why, you know, it's the logic of it. nancy pelosi said after the earthquake in haiti, this is the real deal. >> m.c. stossel. >> she said that oh, that will create new businesses activity, help the renewal in haiti because you can see the jobs created when you crush cars and buy new ones. you can see the jobs created in haiti to build new buildings. but what you don't see is where all that money would have gone. people might have bought new computers or saved for college. you don't see where the money would have been spent more productively. maybe it would have cured cancer. cash for clunkers raised cash for two months. right back down the month after that. >> number five -- look at that. >> the

that is the subject of tomorrow night's special hosted by john stossel.e wrong. >> our great, great american panel, straight ahead. ♪ ♪ [ male announcer ] you know her. oh, my gosh. [ male announcer ] we know diamonds. oh, my gosh. [ male announcer ] together we'll make her holiday. that's why only zales is the diamond store. where you'll pay no interest if paid in full by january 2012. i'd get this tightness in my chest. so i went back to my doctor again. we chose symbicort to help control my asthma symptoms all day and night. [ man ] symbicort improves my lung function, starting within 15 minutes. symbicort will not replace a rescue inhaler startifor sudden symptoms.. it is a combination of two medicines and should not be taken more often than prescribed. symbicort contains formoterol. medicines like formoterol increase the risk of death from asthma problems, and children and adolescents may have an increased risk of being hospitalized for asthma problems. symbicort not for people whosasthma is well controlled wi a long-term asthma control medicine like

that is the subject of tomorrow night's special hosted by john stossel.ises gone wrong. >> our great, great american panel, straight ahead. ♪ ♪ [ male announcer ] how can rice production in india affect wheat output in the u.s., the shipping industry in norway, and the rubber industry in south america? at t. rowe price, we understand the connections of a complex global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment objectives, risks, fees, expenses, and other information to read and consider carefully before investing. . >> sean: tonight on our get american panel jim geraghty is back. democratic strategist steve murphy here. she is senior writer at daily caller s.e. cupp is also here. what did you think of what happened tonight? omnibus and harry reid rolls up his tent? >> it was good news. it was bound to happen. i have slim hope i would love to see the same with the tax bill. i think it is a terrible piece of l

john stossel has a problem with government documents being gathered illegally not with those documentsisseminated. that's is a huge double standard. if julian assange were >> bill: excellent point, mary. finally tonight, pinheads and patriots tv edition. as you may know the president got elbowed in the mouth playing basketball recently. former nba star charles barkley had some comments. >> you have watched him play and you have annualized his play. >> he is a one-handed basketball player as we say. there are certain guys who can go either way but is he a one handed basketball player. >> so you are pretty confident you would do well on a game one object one against the president of the united states. >> in oh, yeah. come on. i mean i'm an old fat guy but no, i will kick his ass. [ laughter ] >> bill: now, remember my interview with president obama i challenged him to a one-on-one game and he said he would spot me 10 points out of 11. i'm ready to go, mr. president. is mr. barkley a pinhead or patriot for his analysis? you can vote on bill o'reilly.com. now, last night we featured an out

plus john stossel is here on how your tax dollars are going to fund alpaca farms.ms. found taken of youth in a pill? major trials coming next year on a drug they say makes 80-year-olds as healthy as 20-year-old's. doesn't make them feel as healthy but makes them healthy. dr. siegel explains. she forecasts the weather for "abc news.". her outlook. a national face arrested for making a false rape charge. hear why she did it in kelly's court at the top of the hour. jon: a fox news alert. the senate is now voting on the president's tax cut compromise. the other big story on capitol hill is that 2000-page spending bill that got dumped on senators desks. boy, that has some republicans fuming. rich edson from the fox business network joins us from washington. all right, 2000 pages, phil, what's in it? >> headline number is more than a trillion dollars to fund the federal government for about the next ten months. what has got folks upset hear is the $8 billion cost, about 6 thousand plus earmarks including small fruit research, aviation education, swine waste management, t