Will these help or hurt the economy . With this administration it will hurt the economy. The irs is now going after the conservative groups under rule making even though it was illegal before. Epa is going after fracking and shutting down the coal industry. You see it in the Federal Reserve and other federal agencies. Their attitude is we will do the law like a third worl country and let the world clean it up later. Extra powers means extra cause for taxpayers. Lets put this in perspective. Every president has pursued an agenda. They pursued it through executive orders. Going way, way back to Ronald Reagan and his firing of the air traffic controllers. Why shouldnt obama use this to in a time when congress is in a stalemate. I think you are forgetting the positive things that come out of the executive orders. Things like aid for Hurricane Sandy victims and review of cancer drugs. Things dealing with nonuse of or pro huh business of biological agents. It is true that other president s have used the executive orders. However, this blueprint, the blueprint podesta outlined which will be implemented in 2014 goes way beyond what other president s have done. Mac has a point. You can look them up. Obama has not used that very often. He used prept d different orders to disrupt the economy. He changed his own law 14 times. Thats pretty dubious and questionable. It has thrown one6th of the economy in chaos. You look at the bp oil spill and the find without authority at all will. He suspended drilling in the golf, again without any authority. It puts the official words executive orders aside and it looks at the amount of manipulation in the economy. Gm bondholders who lost their stuff to the car czar. Combine all he has done with the new executive order policy and thats scary, no . It is about unchecked authority, right . Thats what we are really talking about. It is bad for taxpayers because it makes the government less transparent. It is as transparent as a bucket of ma lass sa the fear of executive order to bring us to military action is always a fear. And we have a government that is in love with reform no matter what. We dont need more reform. We need reform over entitlements and that is not happen. That should gohrough congress. When you change the rules and you do things like executive orders it breeds a cynicism. It breeds a cynicism on the part of taxpayers. If you are changing things all the time, why follow laws . It is not what our founders had in mind. There is none. Our stock market is divided government, is it not . No question. When politicians are playing around with laws and taxpayers should watch thei wallets, you should also watch your stock market with fear. You have seen a major stock rally market and second run president s get little done and the notion that somebody whosoever seeing such a failed legislation that will achieve a lot is not credible. This is a president who really likes to get things done. You can see what he did in the first two years and he might get frustrated and desperate and perhaps use these powers to an extent he hasnt yet. Thats the reason we are seeing this now. In the second term we know president obama is not going to be able to get his next signature Climate Change issue accomplished. We have already seen some of this leading up to this. Sometimes it goes beyond dollars and cents. Recently he administered one. It doesnt affect the discipline quota and it does not help students. It avoids the hard work of passing something through proper congressional channels. Education is a big part of the agenda. You look at the educational record like the record of a lot of things. That policy doesnt seem to work. No, it doesnt. This is an example of government over reach. Regulation is a form of taxation. There are few restrictions especially in these independent agencies they can do what they want. It is very hard to turn them back. That imposes a real cost. Even though he is stymied in congress and you saw what he did with the appellate court. The judges are under worked there. He pointed them to rig the courts and you will see that rigging elsewhere. I would guess that when president nixon was in power you used the term imperial presidency once or twice. A strong presidency is one thing, but an imperial presidency is something else. I dont think you want that, do you . I dont think we have anymore of an imperial presidency now than we did under George Herbert walker bush or ronald regan. President s issue orders. It is an ability. It is a checked power. It is something given to them by the constitution. And coming is doing nothing. We have a do Nothing Congress that is stalemated and cant even agree on a budget. Congress is doing a lot. They arepreventing e over reach of big government. Right . That is significant i think. I hear your point, and by the way the senate did enact a budget. We were like belgium going without a budget for years. The question is and it is a good one you raise, they are extraordinary actions that are becoming ordinary. They should not be ordinary. Jonathon turley the historian recently said this president is behaving worse than other president s. Yes George W Bush did a lot of signing statements, but president obama dark dark. Worse in what way . Enacting this pile of rules and rgulations. We went through the list before. Go ahead, sabrina. One of the real problems is that you dont have any means for debate when you have an executive order. Especially on the issue of Climate Change for instance. If there is actual legislation there is conversation for the American People to take part in. With the executive order the president is setting up a Task Force Made up of almost entirely democrats and where the American People dont even know it is happening and they cant even voice their opinion. The transparency issue has gone out the window. I know a lot of people in the op session, a lot of the republicans say look, just sit back. He is a wounded president. High he is not going to get a lot done. The fact that there is this specific plan of moving this toward a Progressive Agenda ahead without congress, doesnt that make you a little nervous . It makes me nervous, but thats the point of electing to begin with. Markalks about a do Nothing Congress and to me that sounds beautifu one of the most animating features in the constitution is thate block people from getting things done. It is the job of the republicans they were elected to block. The fact is congress didnt used to be as obtrusive as it is now. It was only in power for a couple weeks every year. Yeah, you know, Newt Gingrich and bill clinton worked together and tipper oneil and Ronald Reagan. He had not aingle republican vote in the house or senate for his health care bill. What he is really shown is he is a sneaky president. He is not very transparent. Thats not true. Thats not fear. It is one of the least transparent presidencies than we have seen. I wish i could share john tamneys op tau optimism. We have to leave it at that. Coming up, target gets hacked and the law says immediately tell your customers. But guess whathe Health Care Law says. If the obamacare website gets hacked this one will have you saying what the at 1 00 p. M. Eastern. Keep it here on the fox newschannel. A lot more target customers are anning to sue the retailer over the massive credit card breech. Federal law required the company to inform shoppers that it was hacked. Get this. If the obamacare website gets hacked a new report says good luck finding out because the Health Care Law does not require the government to report it. Rich says that is putting americans most personal information at risk. Explain, rich. Really in two ways, david. Number one, look at this administration has done through the irs and through the nsa and through other agencies to spy on americans. You have that risk from the government itself and then you have the hacker or Security Experts like john mcafee months and months ago warned howorous obamacare is. For hackers to get in and steel accounts and steel steal information is a real threat. It is not just a threat. It happened. The department of homeland scooter reported 16 times there has been cyberattacks on its information. I am not aware of that, david. I think what we really should be looking at is protecting peoples private information as it results to business, mining our private data. Hold on. Okay, government, as well. You are ready to sign on to that . This is fear mongering. There has not been a problem with the obamacare site. Why are we worried about this when we have genuine problems. Thats the big question the reason we do is not only has dhs warned it has happened, but we also have anecdotes and the Minneapolis Star Tribune had an email containing information on 2,400 people who had signed up for the exchange in minute mileperhour. 2,400 people had information like Social Security numbers, personal bees information exchanged with somebody outside the system. Thats dangerous. Absolutely. We know for instance in vermont there was another incident the week of thanksgiving where somebody hacked into the system to show how vulnerable the state exchange s. We have a dozen attoeys generals from around the country who have written to secretary sebelius imploring her to do more to make sure the navigators, those who are supposed to be helping peop navigate the website that they go through prop background checks and we know the secretary has not done that. Many of the people are good, but some have been chosen happen hazardly and they have all sorts of access to our information. I dont think the Identity Theft is going to be a side effect, but a symptom of this law. Now people under the force of law are being compelled to put information that may may not be safe in next exchanges. And young people are not going to do it. It will be an election issue next year. This law is hurting the most vulnerable. The most vulnerable will go on the exchanges. They are the ones who cant protect themselves. It is an outrage. Thats a great point. The younger people who werent going to do it or who were reluctant are pulling back. It is the older folks who are computer savy. They are going to get hurt by this. It is another troubling aspect of the obamacare law. What is interesting here is the private sector is going to bail the Obama Administration out. In the private sector when we open a bank account or get a credit card we are buying idtity theft protection. Withdraws look funny and patterns look funny and they shutdown the accounts to protect us until we can explain the chars. Assuming the aca assumes a siv for private information it saves individuals from the Obama Administration. Will they come charming to the offense of the privacy . Remember the private sector said you didnt build that . Now the private sector can tell the president you didnt build that correctly. We have tie an black, a republican diane black, a republican from tennessee saying the government should tell americans when and exactly when and how they were hacked into if they were hacked into on the health care sites. I cant believe it has come to this. We just rolled out the law and we are talking about peoples personal income and Household Income out there. They were warned it would be a huge problem. If you did that in the private sector it would be drowning in law suits. You know the computer industry. Is there a way out of this. Is there a way to build the fire walls for a system like this . Probably not. What might save obamacare is it is so unsuccessful that the hackers wont have that many targets. They are right. The Vulnerable People are the older people. You can just see the fraudulent reverse mortgage plays to separate older people from the remaining assets they have. This years countdown could jack up the jobless rate. What 13 states are about to do that is unlucky for jobs every where. First right here, disorder in thcourt. A list of the craziest lawsuits in 2013 will make you crazy until you hear the forbes plan to bring santee back to our to bring sanity back to our legal system. Slammed with lawsus. 2013 was full of them, and not all were legitimate. Look at the u. S. Chamber of commerces top 10 list of ridiculous suis. Just a couple. Number one, inmates suing Beer Companies for their life of crime. Im serious. And then the man taking apple to court for his own addiction to porn. And you say these are just more reasons why we need tort reform. We should have said tort reform and health reform. I lovehe one the grown man who sued his parents. The cbo says that tort costs costs the u. S. Economy 350 billion a year. 24r is a congressional bill that would cap ards and capillary fees fees and only allah medical malpractice lawsuits to be brought within a threeyear wean dough frame x statute out of limitations. Why not pass that tort reform . What is wrong with that idea . There are frivolous lawsuits. I will concede that. There is a problem with that. On the same show we are talking about e president being too powerful and we hillary move will remove the ability for people to go to court and seek redress for unsafe products and laws that arent bng enforced and for problems that are not being solved because what a small drop in the bucket tort reform, tort reform, tort reform. Frivolous suits. Yes, but what is a frivolous suit to liz may not be a frivolous suit to me. We can talk about qualitate issues like that. Let me just talk about the annual cost increase of lawsuits. 8. 7 a year, thats double the rise of inflation. Thats right. Thats why we should adopt what england has and what britain has and thats the rule the loser pays. If you file a suit and lose it, you pay the other partys cost. That reduces frivolous lawsuits. If you have areal claim you go with it. Every other country has that rule david. We are the only out lier on it. How often do businesses settle these things out of court because they dont want to pay the legal fees . It is a good point and it is easy to point to Lawsuit Abuse and say we need a National Solution to it. In the same way obamacare proponants say we need a solution because one person dies because of lack of health surance. Emotion writes a lot of bad legislation. We learned from obamacare that we shouldnt legislate health care. The states should compete for the best laws and let it be do there. Something has to be done, right, rich . Something has to be done. What we talked about the whole show is the lack of clarity that is paralyzing a lot of businesses for making the investments that they could be and should be making. It is executive oer, mischief, it is lawsuit mischief. We are leaving a point to two points of growth on the table because businesses dont know what is coming next. The other thing we didnt mention is most politicians are lawyers lawyers and they are protecting their own. That has to be it for this segment. She picked it in early 2013. And then it soared more than 50 . Get that name and then get emacs new name. Time for the best picks for 2014. Last year you recommended a stock, core labs, that was up big time this time last year. Yes, i still like S P Aerospace and defense up nearly 60 for the year. You are going with blackberry . They are out sourcing their manufacturing and it bodes well for the next year. Thats it for forbes on have a wonderful new year. Get ready to ring in 2014, but as the ball drops for new years taxpayers could be dropping serious cash to bail out obamacare. Lets just say the prognosis is in and it will cost you big. Plus minimum wage and maximum controversey. Protesters are demanding more green and now more than a dozen states are hiking the minimum wailing on new years day, but dont celebrate just yet. 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