Economist, lawyer, actor brainiac lets talk about whats going on here and all of this role on the part of just government meddling. What do you think . Im not worried about meddling in greece or greece at all. The entire economy of greece is the size of atlanta and while i love atlanta, if it were in trouble, i wouldnt atlanta is a highly rated city for us. Not now. We love that city. Absolutely. Look theres an old saying in the oil and gas business in texas, which is if you owe the bank a thousand dollar the bank owns you. If you owe the bank a billion dollars, you own the bank. Greece is in the drivers seat. They owe so much money, its so important we not break up the eurozone i dont know why, i dont care if they break up the zone i couldnt care less. But greece at this point owns the bank and in china, the government there is a fragile Government Military dictatorship but they cannot allow stock market crash. Too many people would be ruined. Cannot allow mass dissatisfaction because theres no political outlet for it. What do you think . Were all so smug. Its happening over there. We know chicago has had its debt downgraded just this past month. New jersey has had its debt downgraded nine times. Weve got detroit in bankruptcy. The troubles are everywhere. And its too much money weve given these governments and theyre spending it badly. The governments are trying to prop it up right . I think if atlanta went under that would be pretty bad for this country. That would be a sign that, you know the fiscal state of the United States is in really bad shape. The point is were not at greece yet. Detroit filed for bankruptcy but we really do have an issue here where these huge sort of socialist entities these countries that rely on huge government and detroit for a time was like a socialist country. Huge Government Spending no business, you know everybody on welfare. That that leads to disaster and that is infecting the world right now, that plague. Maybe you could hit someone in the northeast. Weve got atlanta, detroit. New jersey, you oar out of here. The point i like ben was going toward was the fact that youve got rulers chor having a difficult time whether the dictators over the last five years, a lot have been deposed. Socialist countries have been deposed, democracyies in america. Why . We are overpromising to keep power. Thats the bottom line and why it is happening here. We have give b too much. Governments around the world have give. Too much promise too much. Greece is an example what ultimately happen you have to draw the line somewhere. In new jersey they upped the ante on pensions 13 times in 25 years. Do you live in new jersey . No i dont, thank god. I to and i think youre being very unfair to my state. The garden state. The only thing its got going for it. We dont have any gardens or or any money. Or any money. Adam my biggest concern as we started this was the idea the government comes in to prop things up rescue things and make things better, in china to support the market and maybe avoid this short selling that was going on or selling, period now. And i think they just create this sort of artificial mentality. But i guess weve been going here because that has been the way of the world. What say you . I think specifically what the new york yankees are doing is ham handled and will bite them in the rear end because theyre showing favorites in a way thats going to make people have no confidence in their markets. I want to say at a higher level, governments meld l. This is what we expect them to do. I dont. We do with limits. You may but not in my world. All right, all right. Let him explain this ridiculous point. Go ahead. I will. Neil framed it very well in his opening. Governments meddle and theyre doing it badly. What we want for them is to do it well. An example. Where . Laughing at the point youre making. Where theyve done it so well. Obamacare . Thats going swimmingly. We have a Securities Exchange commission in the United States and they couldnt even catch madoff those jerks. But a functioning Security Market catching some what do you say, with due respect, is you need some government some oversight. Of course. All im arguing is i think were in overkill mode. Thats all im saying. We need fire. We need police. Now youre approaching it with condescension. We have all these overlapping bure ok rayaucracyies since adam brought up the point, the s. E. C. That have gone too far. Law enforcement, guess what they cant catch madoff . Werent the s. E. C. Guys looking at porn . Among other things. Absolutely. The bottom line, what adam described is not meddling. That is the role of government. Were talking about governments that come over and over again, local, state, and they keep buying favor, keep making promises lavish promises they know they cannot keep. Like our government. Like our government. Hike our cities. Our states. This is why anyone out there to gerris point that will laugh, chinas imploding, we spent all week dancing on the grave of china. Forget about china, my man. Worry about america because were probably worse off than them. Adam isnt worried about america. Because he can always move back to china. Ben stein will be back. Let me see his birth certificate. Ben stein, im looking that the the birther. Im looking that the and i know weve gotten used to it dribs and drabs, but now, you know market cant advance in our country without quantitative easing and this expectation of seemingly low Interest Rates for as long as we can see. In china, without coming to the markets rescue to help a crooked system i guess. In puerto rico desperate attempt on the governmentled bailout that will hopefully, they hope weather their governor coming to this country, get u. S. Support. In other words, in order to keep this going the request and demand is for more Government Intervention. I think that is a slippery slope on which weve long since slid. What do you think . Well weve been on a slope for a very very long time. We havent fallen down it. There have been there has been a lot of Government Intervention from 1929 to 33. Enough enough enough. And were broke as a nation somehow we keep going. Government meddling is a problem. But so far its much more of a help than a problem. Its not a help when it hurts growth. I think thats the problem that we have here. Or it disguises growth. It is hurting growth. You dont know that. No one knows anything. What you do is you interview people. I do. There youve got it. You interview people like Business People and say why dont you hire more and said business person comes back because im worried about taxes going up worried about regulations. Do they wear ties . No, actually gold chains. I understand weve done this since 1929 awe youre a historian, we bulk them all together and say, man, it wasnt worth it. The decline, the fall of the roman empire in other words that was bens first story. I dont think we get comfort from the fact weve been able to get away with it for a hundred years. Do you think we would have been better off if the government had not introduced federal deposit insurance or created the s. E. C. . For example. Thats another example. They cant afford it. Ben, bottom line youre not worried. Adam bottom line youre not worried. Right . We should do better. We should just do better. What . What do you mean . All right. Well take a break. Were going to take a break. If the debt crises around the world dont have you terrified, a spike in look at this now, Violent Crime here at home is going to have you really petrify petrified for your life and your wallet too. Its daefl concern. Our kids and safety of our neighborhoods. Always concerned about crime. Very concerned about the crime rising in new york. Congressman ed royce on iran. Im very concerned about the rise in crime rate. Not too concerned. There seem to be police everywhere. Seems to be going downhill at an alarming rate. It makes you more aware of when you go and who you go with. Im concerned because i have children. You dont want to see every place crime ridden. Im concerned because we talked to all those people right outside this building. Some cities seeing a 60 spike in things like murders in just the last six months alone. And its happening in more cities that are relaxing laws fighting lesser crimes. Starting to look like that 70s show and its a rerun you probably dont want to watch. One of the older members of this cast i grew up in the 70s and i remember what it was like. You know i remember the blackout in new york city. I remember that the safest place 1977 or earlier . 77. The safest place in new york city at that point was arthur avenue. Why . Because the mob ran arthur 1 2 the avenue in the bronx. You dont want that again. Part of the reason why crime is going up because the media, many of the liberals in the media and the media is dominated by liberals and in Popular Culture are attacking wait wait whoa whoa. Media dominated. Yeah. Liberals . Yeah. All right. Keep going. Im sorry. Trying to make a serious point here. When i catch them i want to have it written down. Write this down too. The popular liberal media hate cops. Theres something to that. The war against the police started a long time ago and pop culture to charleys point. Then you mix that with those cities we looked at have the largest income inequality problems in the entire country, also been run by democrats, progressives for decades, and they also pay a lot of people not to work. And you create this sort of brew there that becomes a powder keg and its exactly whats happening. I dont know what new york citys excuse is. We were firing on all cylinders for a while. You dont have to go back to the 1970s to see that in the city. I moved to the city when David Dinkins was mayor. Youd open your window and hear gunfire and thats because it was a liberal administration the businesses werent coming in and it got all turned around only a few years later. There were problems of lie riots during mayor lindseys that was another thing. Im just saying theres something going on. I dont know how it is by you, but, i mean crime is on the rise in major cities. Some major cities a doubledigit rise. Should we worry or is this a passing phenomena . Its a terrible phenomenon. It has spirely to do with the Mainstream Media which has taken on the cops humiliated the cops. Write that down. Tried to make them the bad guys. Mainstream media, its the criminals who are called criminals for a reason. Cops are called the police for a reason. Police are protecting us. Criminals are threatening us. Stop beating up on the police. Theyre our heroes. Adam . This is a nonsense story line that im going to blame charley for, not ben, but thank you. Whats nonsense, that you liberals out there heres why this is let him talk. My concern that theres a rise in crime rates. Of course i am. Has the mainstream liberal media changed any in the last 20 years . No. Theres no change there. Every day you read about some cop shooting someone, whacking somebody in the face like thats the norm. With all due respect, theyre on the warpath against them night and day. Explain that ben. Explain that. Night and day. Silly point. Its night and day. Ben was right. Its absolutely true. Youve broken the spirit of the police in many cities and that is going to hurt everyone. Every day you get a story in National Papers about some cop somewhere doing something wrong. Every single day. Particularly in the New York Times with, you know this underscores the bad problems what the police are doing nationwide. When that becomes the norm every day, people start hating cops. And thats whats happened. Adam unfortunately cops because theyre being castrated by the media. Bottom line. Its disgusting. Adam we want your thoughts on that but weve run out of time. So so much for the fair and balanced view. When we come back reports of government panels . Today on forbes on fox, the irs wasnt working alone. What the Justice Department and fbi were planning that has conservative groups fuming. Plus democrats bashing jeb bush for saying he wants americans to be able to work longer hours instead of working parttime. Is he right . All right. Do you think the death panels are dead . Do government guidelines for medicare will pay doctors to have what they call end of life discussions with patients. Charles says it sounds like death panels are very much alive and well. Parallel that to a big movement that will get bigger, and this is america fwking more like europe. Watch, watch, watch. Thats going to sweep this nation. Couple that with the course the government that cant afford this. We know a lot of the money when it comes to this money we spent the last couple of years when someone is in a bed, and theyre we always heard about this. Most of our hospital in the final years, years of life to have the conversation. What is wrong about that . Theres nothing wrong with that and i think people should do that. I just dont want the government between me and my doctor. I dont think the government should be part of that conversation. Medicare what heres where it gets bad. The government is involved. It is its rationing southwests, and then the government will be come on. Ben stein what do you think of that . What is wrong with a government or a doctor having a conversation or do you fear the conversation more i think the conversation will be inevitably morph into questions lou woou like us to kill you, and more and more people will say yes, and i think thats a shame. You know enormous facts of what we spend on medical care is spent in the last six months to a year. I dont think that can go on forever. Its a shame. Its just im against all forms of killing in this country, except there is nothing about this that is a death panel. When you aa government this is a good this is a good conversation to facilitate doctors agree its a conversation they want to be able to have and secondly we discussed this back when sar wra palin was saying what she was saying. All insurance is ration. The government has a huge wlikt of interest. The own where yous is on i just worry that my kids would jump at the chance to say by all means, pull the plug. I want who would pull the plug . Meanwhile, these market eyeragses are giving investors a lot of hesitation but not our pros. They said the stock would go up even when the markets just go nuts. Or guys say you want to buy these stocks. Charles. Take a look at sher win williams. I really like the household formations were seeing and i think this is a winner. All right, adam. I shares u. S. Health care index. People will keep buying health care. Appropriate from our last conversation. If theyre alive. Ben. Just by the market. The spiders. Just buy the market over the longterm. Youll do great. You seem bummed out from the final comments in the last segment. Is everything okay . We continue that. Greeces debt chinas market and the New York Stock Exchange with so much big you probably missed this. New explosive documents set to reveal that the irs was not the only arm of the federal government targeting conservative groups. The Justice Department and the fbi might have been conspireing with the irs to find ways to criminally prosecute those groups. Some think this is more proof the administration was indeed targeting its political enemies. Was it . Hi everybody. Im david. Welcome to forbes on fox. Lets go in focus to find out