Artificial money which keeps the stock market going higher. The idea was a wealth effect. What happened to it . You can only blame some of this on obama policies. The real explanation why americans are not investing in the stock market is, tom, they are traumatized b the what happened in 2008. People are reluctant to put their toes back in the water after losing 30, 40, 50 of the wealth. By the way, if you just said, people missed out on the bull market expansion. The market practically doubled. My point is i think the reason people are still fearful of putting money into the market is because they are seeing what president obama is doing. They are seeing this hostility toward business, hostility toward profit and the free market. You see that in the tax increases, you see that in the rhetoric of the rich have too much money. Tom when i sit down and think about where i should put my money, should i go to the bank and get a cd, do you think about who the politicians are . Is that a big part of it for most people . That is part of the information you dont think the president is so bullish about the american economy. I think it can be embodied in two names Michael Lewis and Bernie Madoff. The bestselling author of financial books which kind of showed how some of the highend is rigged against the individual investor. That is a little overstated. He scared investors the little guy cannot win on wall street. On the other end, Bernie Madoff of a medic of the corruption that went on. People lost their entire savings. The little guy might get a little scared saying can i compete with the big firms . Is the system rigged against me . Tom, i agree with that entirely, but the tragedy is if americans had reinvested their money in the stock market during the bottom of the crash, think how much wealthier americans would be. The irony is a small investor is the person harmed by this and the fear. The other point i would make quickly as Interest Rates are as low as they have been, are you going to make any money, are you going to get rich pudding your money in 3 bonds . Tom people are getting the 0. 0 something percent on their bank account, but i kind of smile because there is the old thing about when the facebook people or joe kennedy said when the shoeshine guys give tax tips or stock tips, it was time to get out of the market. I absolutely agree with that. He is right, people are comparing it to daytraders and the highend trading kind of strategies, but if they just value invest over the long run, the stock Market Equities have proven to be one of the greatest investments that there is. If they kept their money in safe value stocks, it will be best in the long run. Tom a lot of people are puttg money into the stock market. It automatically comes out, they dont see what it is. I dont know how much has shifted into bond funds or some sort of guaranteed income fund, but, steve, there is a lot of money still pouring into the market besides the fed pushing the dollar lower and pushing more money into the stock market. This is why i am still pretty bullish on the market. You have to trillion dollars sitting on the sideline that has not gotten reinvested going into bonds paying close to zero, and i think when you see some confidence rebuild, that is when the money will start going in and you will see the stock prices climbing. That is my hopeful scenario. American companies are really profitable right now. Tom one of the issues is, the daily move to the market about what happened, but the very problem is we are talking about traders. Most people are investors, they should be thinking longterm. Value investing for the longterm. I am not an expert stock trader, but steve was also right being bullish on the market in the long run. America has a lot of problems, but when you compare americas problems to those faced by other countries around the world and demographics, china will be old before it is rich, america is the best position to lead. You just a politicians to get some of the grand problems out of the way. And then we should be in the best position to make this another american century. Tom we will leave it there. I like that message exactly. It does not take a lot of tweaking to get there. Tom i am with you. Thank you both, gentlemen, very much. The question is are you worried . Let us know if you are skittish, why you are skittish on stocks. At the end of the show we are giving you a voice. Next, stuck paying off your massive student loan bill . You may be paying for somebody elses education as well, and they are not paying a dime. The details next. If youve got copd like me. Hey breathings hard. Know the feeling . Copd includes emphysema and chronic bronchitis. Spiriva is a oncedaily inhaled copd maintenance treatment that helps open my obstructed airways for a full 24 hours. Spiriva helps me breathe easier. Spiriva handihaler tiotropium bromide inhalation powder does not replace fastacting inhalers for sudden symptoms. Tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. These may worsen with spiriva. Discuss all medicines you take, even eye drops. Stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine. Other side effects include dry mouth and constipation. Nothing can reverse copd. Spiriva helps me breathe better. Does breathing with copd weigh you down . Dont wait to ask your doctor about spiriva. [ male announcer ] help brazil reduce its overall reliance on foforeigign n ims with the launch of theountrys largest petrochemical operation. When emerson takes up the challenge, its never been done before simply becomes consider it solved. Emerson. Tom is free really free . Tennessee passed a bill that would allow students to attend Community College for free. Other states are pushing this idea. And nice idea, but somebody is going to pay for this. The taxpayer. Jonathan hoenig and others are here as well. Tell me 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 dont 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 see Everything Else from hamburgers to the iphone come down in price. Get government out. This implicates them even more and that is why prices will continue to go up. Tom the whole idea is it seems Community College for some kids is a place to go get some training which would be good, plumbing, electrical, all that sort of stuff but it seems like a lot of this is extended high school because they never learned what they were supposed to in high school. All i can tell you is jonathan is 100 right. It just seems everything now is being paid for by the taxpayer. Now lets make it a Community College. Other states are looking at it. In a country now where we have 80 programs overlapping with a trillion dollars per year, everything is becoming free to certain people, the major cost, i dont know where the end is. This is another addition to the nonsense. Tom people will break their legs to get something for free. Next up, trouble brewing for Beer Companies things the government . Yes. Warning prices could skyrocket because of a new fda rule that forces brewers to cough up millions more to recycle. Even Chuck Schumer is saying this is too much, and that is a lot, dont you think . Say it isnt so. When it comes to regulators we lose calm because they are professional destroyers, they create nothing. They only push up cost. And in this case described as repetitive law. There is no rights being violated. They are feeling very cheap waste to farmers who get a great value out of that waste. Along comes a regulator who steps in any charges everybody more for the same outcome. The cost always goes up for no reason, that is why they have to stay out of light beer and Everything Else. Tom nobody can identify there have been any problems. The cows get the protein and the green, the cows are happy, the farmers are happy, the brewers are happy. Why is the government doing this . It is like a few bureaucrats get into the room and say who can we screw next . It is now 80,000 pages. So many of these regulations do nothing more than ray raise caue and get people fired. This is another case in point nothing is being done wrong, lets classify it differently. The costco up for everybody and people may lose their jobs. What do they care, they are just bureaucrats. The president keeps talking about we have to get more jobs and administration comes up with these things that are job killers. It is an animal feed manufacturer. They will no longer gain the freshman 15 at college because they cannot afford it. All we did was drink beer. There is no animal feed manufacturing going on. Just leftovers making extra cash. Tom the farmers say they love this stuff. They get it cheap, otherwise where is it going to go . They will dump it in the landfill. I dont know what the environment was at the white house alluded to. Creating more ways instead of putting it to work. Trade is winwin for both sides of the equation. Regugulalatotorsrs shshow u upt more expensive, more cumbersome for everybody involved. Tom we have to leave it there. Thank you very much. Meantime, democrats are saying the pipeline pump was not political. Do you believe that . Republican who is not piping down until a decision is made. Money meant for sandy now going to stay is not affected by this storm. The Spending Plans that will create a firestorm. Are we still on for tomorrow . Tomorrow. Tomorrow is full of promise. We can come back tomorrrow. And we promise to keep it that way. Csx. How tomorrow moves. What a day. Cant wait til tomorrow. Why relocating manufacturingpany to upstate new york . I tell people its for the climate. The conditions in new york state are great for business. New york is ranked 2 in the nation for new ivate sector job creation. And now its even better because theyve introduced startup new york dozens of taxfree zones where businesses pay no taxes for ten years. Youll get a warm welcome in the new new york. See if your business qualifies at startupny. Com to build something smarter. Some come here to build something stronger. Others come to build something faster. Something safer. Something greener. Something the whole world can share. People come to boeing to do many different things. But its always about the very thing we do best. [ chainsaw buzzing ] humans. Sometimes, life trips us up. Sometimes, we trip ourselves up. 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It is all politics. I knew when the green coalition, the far right, excuse me, the far left gree green organizatiod a press conference a couple of months ago after they finalize the last environmental study and they came out and said the president signs a permit, you should boycott the 2014 election. They are already in enough trouble going after those elections and i predicted the president isnt going to sign it, he will delay it until after the elections and that is what he did to make it as easy for the democrats in 2014. This administration is the most partisan we have seen, so it should be a surprise to no one. This is just adding one plus one. Tom you have the labor unions that are saying lets build this thing. They have now push this officially back. Science is for it. It is pandering to a very small group. What about the labor groups that he is supposed to be in bed with . Those of the trade union. His motto part of the totality of the unions. You probably have the union he touts the most two, they are opposing it standing with the president , so even that segment is divided and i think he fears the green groups wont show up on 2014. They dont have a big margin to give up in this off year election. So everything can hurt even more incumbents in the senate and the house. Tom even th a National Post was writing about how you cannot bottle up all of the oil coming out of canada. Those fall off the rails every once in a while and they still be at you would think the environmenenvironmental groups k at that and go we will support building a pipeline. Safer than railcars. You would think so, but they really planted their flag in the ground that they will stop this. The goal is to shut off all fossil fuels. If they open up the pipeline that dream of theirs is going to be delayed by several years. The ambassador of canada was absolutely right, this does reduce co2, it is more efficient, more safer and it is coming on train rails right now, so you would think the environmental says it would reduce Carbon Emissions and Greenhouse Gases would be in favor, but that is not the political agenda. Tom you suggested the billionaire activist wh is behid all of this. Who is he, and why would he be behind it . He is advocating against the Keystone Pipeline in particular and fossil fuels but the reality is in his portfolio, he is invested in pipelines in canada that if they keystone does not work will be used to ship oil from alberta to the coast put on ships going to europe and china, not the United States. Tom i tend to follow the money, and i think you may be onto something. Connors men, thank you for joining us, i appreciate it very much. Over 3 billion in Hurricane Sandy eight left unspent. In washington wants to spend it, on other government projects. And last time i remember, he does not mince words. [ girl ] my mom, she makes underwater fans that are powered by the moon. She can print amazing things, right from her computer. [ whirring ] [ train whistle blows ] she makes trains that are friends with trees. My mom works at ge. Crestor got more highrisk patient bad cholesterol to a goal of under 100. Way to go, crestor yh tting to goal is a big deal, especially if you have high cholesterol plus any of these risk factors. Because you could be at increased risk for plaque buildup in your arteries over time. So, when diet a exercise arent engh to lower cholterol, adding crestor can help. Go, crestor oh, yeah [ female announcer ] crestor is not right for everyone, like peoplwith Liver Disease or women who are nursing, pregnant, or may become pregnant. Tell your doctor about other medicines yourtang. Call your doctor rht away if you have muscle pain or weakness, fl unusually tired, have loss of appetite, upper belly pain, dark urine, or yellowing of skin eyes. These could be sig of rare but seris side effects. Crestor yes [ female announcer ] ask your doctor about crestor. If you cant afford your medication, astrazeneca y be able toelp. Tom its halftime, and hurricanes in the is about to get troubled. 3 billion meant to help victims guess what . Still unspent. Now the government is looking to spend a billion of that on Infrastructure Projects in states that are not impacted at all. In a minute this and the victim still waiting for help says he knows where this money could be spent, but first lets check in with ron meyer on why this is more proof federal money never goes where it is supposed to. I mean, you know the minute one of these disasters happens here they come. Politicians run to the microphones and cameras and say, we need the money for the people it never gets there. It does not seem to be that way. If you give bureaucrats a ton of money and going to spend it the way they want to which is what were seeing. They have between one and 3 billion left over. Instead of giving it to anyone who really needs help in trying to invest in future infrastructure. The bill was written to address disasters between 2011 and 2013. This is just like with obamacare the more of the law the way they want. They are changing this law from the executive branch instead of doing what congress intended, to help the victims of sandy. And to take this money and go and to spread the wealth around like they want to his ridiculous if they have extra money, return it to the taxpayers. A lot of folks just pay taxes and pay a lot of money on april april 15th. The thing about this money and, when it goes out remember there was a delay. A lot of people on the republican were saying, wait a minute. And governor christie, cuomo, new jersey, new york, connecticut, everyone jumped on it. What was very . They tried to get this in the giving as much money as possible. I understand that there are some people who still need help now, but the way that governor christie the target of the house of representatives and really persuaded them to just give a very open check, this kind of shows what this leads to. If you