money in the future, we re going to take it back and we ll maybe try to stimulate the economy in other ways, maybe with tax cuts, or must let nature take its course and maybe let the private sector invest on its own. jamie: is there financially a better solution to what the president says he needs now, this second stimulus package? well, i mean, in my personal point of view, we are much better off not spending any stimulus at all and just letting the private sector say you know what, we ll try to create jobs, the economy is growing now, it s growing by 3 percent or no 3 percent or so, it s not fabulous but it s growing. we don t have that crisis anymore. tax cuts would be good, too, that could help particularly on the corporate side and that would be useful, but that s going to have to await next year s congress, i think. jamie: if there s one stimulus package in place, a second one potentially on the way, could you see that there may be down the road a third, even? well, depends
certainly, it would be a very hard sell in this environment. particularly if the economy is growing. if we get another recession, all bets are off and that would have to happen, then we d have a whole new debate about the economy and how to grow it. right now it looks like the economy is growing and there won t be a recession. jamie: we learned a lot today and we ll learn more when we see you this weekend, saturday, 2:00, paul gigot, thank you so much. good to be here. jamie: jon? jon: jamie, thank you. just wanted to give you an update from the gulf coast in this fox news alert. kenneth feinberg, who as you know was tapped by president obama to sort of monitor and dish out the money that has been put forward by bp, he says that spill damage claims should be paid within 30-60 days. he is promising speed for people in need. he just held a news conference with governor haley barbour of mississippi after their first meeting. so the oil spill fund
room, then you come back and something happens. it s just luck. any advice for young songwriters out there? just have confidence in your ability. you know, i mean, it s a very crowded world. reporter: all you phil collins out there, he s out with a new album this september, a motown album called going back. happy friday. jamie: before you let you go, these are all such established performers. what does it mean to their career to be in the hall of fame? it s an honor. obviously songwriting is important to a song and album. especially for taylor swift, she s so song, she was really honored. jon: an incredible body of work at age of 20, poor thing. thanks courtney. another controversy at the country s most revered burial ground for america s fallen troops, a shocking discovery at arlington national cemetary, next. also, a major recall to tell you about. campbell s, pulling some
would this $19 billion bailout actually cost you? go to the taxpayer calculator at foxnews.com, if you make about $15,000 or under, you re going to pay 80 cents. you re going to pay $30, if you make 30-$50,000. you go up to $200,000 bracket, you ll pay about 230 bucks. if you make over $250,000, you ll pay two grand. also there on the website, you ll have an opportunity to vote whether you want to tell congress, do you believe that you should bail out the national flood insurance program? you can vote on that. now, this program, jamie, i ll wrap it up by saying this actually expired in congress, two weeks ago, so right now, people who are in the middle of basically hurricane season and the midwest flood season, they want to buy insurance or renew it at a higher rate, they can t do that because republicans want reform that will raise some costs to some people, democrats oppose it and they can t get together on it so they can t buy flood insurance. jamie: so interesting. thank you for br
ca hide a tear behind this one. you can hide your emotions behind this one. as the ladies and men compete for attention, the jockeys compete for the ultimate prize, the gold cup, given this year to a horse called rite of passage jamie: amy kellogg, thank you. jon: you might have heard tony hayward s testimony in front of congress yesterday about the bp oil spill. he was asked if he feels his job is secure. now there are indications it might not be. carl henrik svanberg, the chairman of bp, gave some pretty lukewarm endorsements and said that hayward will be handing over day-to-day control of the operations on the gulf of mexico cleanup to bob dudley, managing director of the oil giant. so again, tony hayward will apparently be not in charge anymore of the cleanup and control of the spill, that job is going to go to a guy named bob dudley. we will have more as that