• With: Dagen McDowell, Charles Payne, Charlie Gasparino, Ben Stein, Stephane Fitch

    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.

     

    LAWMAKERS USING SCARE TACTICS TO AVOID GOVERNMENT SHUTDOWN

    Dagen McDowell: If you listen to the Democrats you would think the world is going to end if the government shuts down. Nancy Pelosi saying our economic security is at stake. Barney Frank going as far as to say if our government shuts down, what are we going to tell Al Qaeda? The president of the United States has the discretion to keep the Defense Department up and running, Homeland Security, other vital functions of government. We're talking about taxes not getting collected, national parks closing and passports not getting processed.

    Charles Payne: We hear the politicians use the word sacrifice all the time, but what are we going to sacrifice? We can't sacrifice anything in this country. We can't close a national park. Listen, I think the only way that this government is going to get any sort of discipline, fiscal discipline, is if it's heaped upon them with this kind of stuff.

    Charlie Gasparino: I legitimately worry about the children. What are we going to tell our children? Can you answer that question?

    Ben Stein: I think a temporary shutdown is the end of the world. Just kidding. Winning! No, I don't think it's the end of the world either, but I don't see why we want to do it. I don't think we should even step up to that brink. The real question is if defense is open, that's great. If the FBI and CIA are open, that's great. Are we in any way impairing the national credit? If we are, we really don't want to come near anywhere near close to that.

    Stephane Fitch: You take care of the big guys, but the little guy gets squished. Look at veterans. Half a million veterans are going to get around waiting for their disability checks and pension payments and a lot of little things we don't think about, are very important. The Center for Disease Control stopped monitoring the outbreak of diseases the last time we shutdown the government. It's true. You got hundreds of thousands of passports. A lot of them are business travels. We had to turn away 9 million visitors from museums and parks, including the Smithsonian. That costs money.

    CALLS GROWING TO SEIZE MONEY U.S. GAVE TO FOREIGN DICTATORS

    Charles Payne: This is outrageous! Not only should we stop sending money, we should get it back. If we can prove it came from our taxpayers. First of all, it never goes to the poor! This week I read a story about a Dictator's son who was ordering the second most expensive yacht in the world! This money doesn't even make it to the so-called "people." People say America doesn't have energy policy. I think this has been it all the time. We pay off these dictators and we get oil. It's time to stop it if we can. Get some of this money back.

    Stephane Fitch: I tell you what; if you don't like sending money to the Middle East and by the way, I think actually sending it for pro-Democracy movements is pretty valid. The amount of money the government sends over is a pittance compared to the amount of money we blow on foreign oil, most of which goes to the Middle East and the amount of money we spend putting aircraft carriers in the gulf to protect oil shipments, you want to stop sending money to the Middle East and stop propping these guys up. Put a big fat tax on oil and turn to natural gas.

    Charlie Gasparino: We're addicted to foreign oil, with all due respect. We can't drill here because we can't use nuclear power because we're playing with this green energy stuff that's going to take maybe 300 years to work. That's why just so you know, that's why we're addicted to foreign oil.

    Ben Stein: Well, I don't think we should be sending much foreign aid at all. Charles saying that nailed it exactly, too much of our foreign aid gets stolen by Dictators and stolen by bad guys in Iraq and Afghanistan and everywhere else. We used to spend a lot of money on foreign aid, sending it to Europe, they used it efficiently. Japan did. These Third World dictators use it to make people terribly rich. But as to seizing the money that belongs to Qaddafi, that's not our money. It belongs to the Libyan people. If we seize it, we should give it to the Libyan people. How we do that, I'm not sure. But to come to a quick end to foreign aid is a good idea.

    Dagen McDowell: If you listen to Senator John Kerry you hear the same thing on both sides of the aisle, it's very easy to say we need to support these people of these countries, to promote Democracy and it's only a modest sum of money. But then you say it and it turns into something else and as a nation, we don't monitor where the money is going. We say one thing and do another.

    HEALTH CARE LAW SPARKING FEARS OF EMERGENCY ROOM CHAOS

    Ben Stein: I'm not sure it does have anything to do with the health care law. When the health care law kicks in, it is going to be a nightmare in hospitals and hospital emergency rooms. There will be so many more people getting access to it. But they should. People are entitled to health care and I do not approve of the way Obama did it. But they're entitled to it. However bad you think the medical situation is now, when my generation really starts consuming health care in a big way and when the American poor people are able to consume health care in a big way, it's going to be phenomenally worse.

    Charles Payne: It's going to be a nightmare. I used to go to Harlem hospital emergency room and if you got shot in the leg, that was a non-emergency. Okay? That's not a big deal. So you can multiply that by ten, it will be ugly.

    Dagen McDowell: I think this is genius because it's the application of technology and efficiency. If you're having a heart attack, that's one thing. However, most people go to the emergency room to get five stitches in their arm. Oh, you cut your thumb because you don't know how to use a knife in the kitchen. That's a lot of what happens in the emergency room.

    Charlie Gasparino: My brother is an emergency room doctor and he worked a long time at Bellevue. This will be the wave of the future. If you really want to see how socialized medicine works, spend a night at Bellevue hospital in the emergency room. And you will see lines wrapped around the corner.

    Stephane Fitch: The waits at the emergency room are not that long. They just feel that long because the TVs are all tuned to CNN.

    STOCK PICKS: STOCKS READY FOR HIRE

    Charles Payne: Interpublic Group (IPG)

    Stephane Fitch: Transocean (RIG)

    Ben Stein: Vanguard Total Stock (VTI)