• With: Charles Payne, Dagen McDowell, Charlie Gasparino, Ben Stein, Adam Lashinsky

    DISCLAIMER: THE FOLLOWING "Cost of Freedom Recap" CONTAINS STRONG OPINIONS WHICH ARE NOT A REFLECTION OF THE OPINIONS OF FOX NEWS AND SHOULD NOT BE RELIED UPON AS INVESTMENT ADVICE WHEN MAKING PERSONAL INVESTMENT DECISIONS. IT IS FOX NEWS' POLICY THAT CONTRIBUTORS DISCLOSE POSITIONS THEY HOLD IN STOCKS THEY DISCUSS, THOUGH POSITIONS MAY CHANGE. READERS OF "Cost of Freedom Recap" MUST TAKE RESPONSIBILITY FOR THEIR OWN INVESTMENT DECISIONS.

    LAWYERS DEMAND BILLIONS FROM "BIG FOOD" TO FIGHT OBESITY

    CHARLES PAYNE: The main thing I make of it is redistribution of accountability. Nothing is your fault. Everything is no fault of your own, including eating yourself into a diabetic coma. That's what I make of it: redistribution of accountability, which sets up redistribution of wealth. The bottom line is we will have a welfare country, a welfare nation, and you've got to fund it. This particular government is digging deep into the pockets of corporate America.

    DAGEN MCDOWELL: This is nothing but money grab. It will not keep people in the future from eating at these restaurants, getting fat and incurring higher related health care costs. How do you differentiate between the companies? You will go after McDonald's, Buffalo Wild Wings and Cold Stone, you would literally have to go after almost every company that manufactures food or serves food in this nation. Where do we draw the line?

    CHARLIE GASPARINO: Before the tobacco settlement, who didn't know cigarettes are bad for them? I knew when I was a kid in the 1970s, cigarettes are bad for you, and so, anyone that smoked after 1960 knew it was bad for them. That settlement was wrong, this settlement is more insane.

    BEN STEIN: Nobody makes a person eat a Big Mac or a Whopper. This is an attack on freedom. This has little to do with a health issue. It's a way for lawyers to make money, and it takes away more freedom. By the way, why stop with food? Why not say big cars are dangerous? Why not say cell phones are dangerous? There is no end, once you start down this road.

    ADAM LASHINSKY: Number one; these things have been going on long before the Obama administration. Number two; this is a bunch of lawyers. I think it's a bad idea.

    CONGRESS PASSES DEBT CEILING HIKE WITHOUT SPENDING CUTS

    CHARLES PAYNE: When Majority Leader Boehner (R-OH) came out with the news I understood where he was coming from, but what I don't get is when do the Republicans make a real authentic stand? When do they say, "Forget what the media tells you, we are driving down an irreversible path." Here's the thing, we're going to take pain regardless, we either jump off a one story building now or we jump off a 100 story building; we should take a stand right now and be honest about it.

    BEN STEIN: We have a president who refuses to compromise. We are headed towards another shut down that will hurt the Republican Party. My question is one step beyond this, which is what are they willing to do with Congress and after the next elections?

    DAGEN MCDOWELL: The political calculation here is that they know that this debt ceiling fight is not a vote getter because the economy is growing so slowly and the average American isn't feeling the higher interest rates from the debt they're running. They're not feeling run away inflation. They feel the health care law. Their health care is changing. That they see.

    CHARLIE GASPARINO: The only way you will make a difference is doing it Boehner's way. You have zero chance of shutting down the government and taking these courageous stands until you control the government, which even if you take the Senate, you don't control the government, because Obama is still the President.

    ADAM LASHINSKY: I'm a fan of the political system. It may be a legislative process, but government isn't shutting down. Parties are talking to each other. They have the opportunity to work together.

    CONGRESS PASSES DEBT CEILING HIKE WITHOUT SPENDING CUTS

    CHARLES PAYNE: One thing I think we should all embrace is the idea of booms and busts. Without a boom and bust system we don't become the greatest country in the world, but you can't get that sort of cycle going when we discourage everyone from taking risks. Entrepreneurship is down dramatically. Take the chances, when people win, they win big; they have coat tails and the world benefits.

    CHARLIE GASPARINO: He did it on his own. He's not going in and saving banks like Buffett does when he knows the banks will ultimately get bailed out. He risks his own money and he wins. He's a guy that came from nothing. He made it on his own. Someone people should admire him. When you look at him in his totality, he's done great stuff.

    DAGEN MCDOWELL: It's really rich anger, and there is a lot of anger directed at people who have been great successes. You're starting to see the turn against the Silicon Valley entrepreneurs in California.

    BEN STEIN: It's hard for me to see what good Carl Icahn has done. He'd not providing huge amounts of jobs or new products and innovations. He's an incredibly successful speculator. I don't see what great stuff he's done at all, frankly. He's a tough guy, but I don't see what great sees he's done at all and I think he should be heavily taxed.

    ADAM LASHINSKY: I've got nothing against successful people succeeding. The issue is, what do we do for the rest of society?

    "Retirement" Winners

    CHARLES PAYNE: Owens Corning (OC)

    ADAM LASHINSKY: Humana Inc. (HUM)

    BEN STEIN: Vanguard Total Stock Market ETF (VTI)