• With: John Layfield, Wayne Rogers, Julian Epstein, Jonathan Hoenig, Tracy Byrnes

    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.

     

    PRESIDENT OBAMA IS GIVING COMMUNITY ORGANIZERS $500 MILLION TO LOWER HEALTH CARE COSTS: WILL IT LOWER COSTS?

    John Layfield: No, we treat healthcare the same way we treat levies in New Orleans. We need try to do something proactive and not reactive just like we did with polio and small pox. We need to do something about the obesity and diabetes epidemic in this country before we have a four hundred pound redneck show up the emergency room and we can't figure out what's wrong with his heart.

    Wayne Rogers: You know some of these things are very good. The California community foundation does a terrific job; you give them money and they take care of people the same way. It's a legitimate and responsible organization for the community. They have to do this is an orderly fashion, anyone can be corrupted by this particularly the Federal Government but not a really legitimate organization.

    Julian Epstein: Any government project is ripe for corruption. That's why you have accountability and inspectors general. This program is supported by doctors, insurance companies, hospitals, and other healthcare professionals. Why? Because it will end up saving us money; the fact is we have an enormously high hospital readmission rate because 1 in 3 patients go into hospitals and get wrong medicine or infections in hospitals. These community organizations are intended as early intervention mechanisms making sure small problems don't become big problems. That will end up costing us more money.

    Jonathan Hoenig: The solution is giving government more power. In the end of the day, he who writes the check makes the rules. We make government the parent and it will start telling us how to spend our money, what food we can eat, and what tests we have to take. We make them our parent and they become responsible for us.

    Tracy Byrnes:  It's so backwards because why not fix the problem. If the problem is medical errors and people getting infections while in the hospital, why not fix that. Why are we giving money to Acorn to show up and tell me what's wrong with me. Community organizations don't have the best track record.

    NEW PUSH TO BAN TAX REFUNDS FOR FOLKS ON THE GOVERNMENT DOLE: SHOULD PEOPLE GETTING GOVERNMENT ASSISTANCE GET TAX REFUNDS?

    Tracy Byrnes: The first 26 weeks of unemployment you paid in, you deserve it. If you get a refund because of that, fantastic. After that it's tax payer money, I paid off that check for you. Now you're going to write off a college class to lower college tuition or lower job hunting costs. I gave you that money for the unemployment check and now you're getting a refund and more money back. None of it was earned and it's not fair for those who come to work every day.

    Julian Epstein: Let's talk about the real scenario. You have very little tax burden although you do have to pay taxes for unemployment benefits. If you work for six months out of the year and then lose your job, you earn taxable income on that first six months. You have tax deductions due to all of the costs associated when you're trying to start a new business or looking for a new job. It's an incentive, positive things to start a new business or go get another job.

    Jonathan Hoenig: I'm a college graduate and I can't figure out the deductions. The fact that you can deduct a cost of a class but not the cost of a class that's prepping you for a new job, a career change. I'm not for any handouts or welfare state and I'm not for the type of government that's being described here. We should have a flat tax and get the business out of incentivizing private behavior.

    Wayne Roger: Look that's the law. If you get the money you're just complying with the law. If you don't get the money or pay the tax, that's simple. The thing that bothers me is why give it in the first place. Give them money for unemployment and then not tax it. That's having the government spend more money on people.

    John Layfield: What the government does makes no sense. It prints out debt, buys its own debt, and then pays interest on the debt it owes itself. It has never made any sense the last 50 years. We've got to go to a better tax system that we have now or things like this will continue to happen and you'll ask why.

    NEW PUSH TO GIVE EARTH SAME RIGHTS AS HUMANS: SHOULD THE EARTH HAVE THE SAME RIGHTS AS HUMANS?

    Tracy Byrnes: The best thing we can do to the U.N. is turn it into an apartment complex. Nothing good comes out of it. There are babies in orphanages around the world and we do nothing for them but we're going to protect the bugs.

    John Layfield: I agree turn the U.N. into an apartment complex. We need to be good stewards of our world. We don't throw bags and cups out of cars anymore. There's nothing wrong with being good with our world, forget these extremists, they'll always be there.

    Julian Epstein: Nearly all environmentalists would call this a goofy idea. It would be impossible to have a standard and who has standing to bring claims. I don't think this idea will be taken seriously but to Tracy's point, it's the U.N. that got us into Libya. It does a lot of important things, which we need.

    Jonathan Hoenig: It's the U.N. that wants to give the Earth the same rights as human beings. Human beings have rights.

    Wayne Rogers: I think the president of Bolivia is smoking something when he takes the use of the phrase "mother Earth" and takes it literally. Maybe he thinks that the moon is made out of cheese.