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-ELECT TRUMP: UN A WASTE OF TIME AND MONEY WHEN IT DOESN'T LIVE UP TO ITS POTENTIAL
Steve Forbes: This is a perfect opportunity to throw down the market. We've withdrawn from organizations like UNESCO part of the U.N. in the past. We should withdraw from various other organizations in the U.N. That wouldn't have any treaty violations and we've got to send the message out there. We're not going to be a patsy for these things in the future. By the way, just for the record, part of the U.N. is the international monetary fund. Another subject for another time but also destructive organization. We shouldn't be using taxpayer dollars to undermine our own interests
Bruce Japsen: I don't think there's anything wrong with doing an audit and if congress wants to come in and examine how we're spending our money. These outbreaks, Zika virus, Ebola virus, they have aid worker, they have infrastructure. We can't just go isolationist when it comes to global diseases or they will start knocking on our door.
John Tamny: I don't think we need the U.N. and I would love to see president-elect Trump defund that which doesn't have our best interests in mind. But he can't do that. I think the better answer is to not appoint a new U.N. head. If suddenly the U.S. is not participating in the U.N., it has no legitimacy. That's the quickest way to shrink it down the size.
Bill Baldwin: Yes, I have to agree with you. The U.N. is a haven for Israel bashers. It's a big waste of money and they don't pay their parking tickets. It's bad, but don't defund it. It's our last best chance to sit down with -- before we go to war. I don't think we should give it up.
Sabrina Schaeffer: I think that she would sympathize with Trump's claim that they have the potential to do good, but I think we have to be very, very honest about what's really happening there and as you mentioned, she wrote nearly 30 years ago that the U.N. had become a vehicle for legitimatizing the PLO. The set remains the same but the actors may have changed and they are still a vehicle for delegitimizing Israel and standing up against this idea it could be a sovereign, Jewish state. They're a leading ally for us, that's a huge problem. We definitely need to stand up.
POLICE FORCES BEEFING UP SECURITY FOR NEW YEAR'S EVE AMID TERROR FEARS
Steve Forbes: Because if you don't defend your freedom, you're going to lose it. What we're spending today even though it may be inconvenient, even though it will put strains on budgets it’s a fraction of what we spend on the past in great security threats especially during the second world war or over the course of the Cold War. We do it here and we do it abroad. We don't defend ourselves, no one is going to do it for us, David.
John Tamny: Um, I tend to disagree a little bit here. Let's be clear that we can't spend our way out of getting rid of murderous people. If we secure Times Square, there are going to be lots of places that aren't secure where terrorists can come in and do damage. I don't like the idea of giving up this much freedom for something that is never going to erase terrorism.
Bill Baldwin: We'll spend whatever it takes. On what? Are we going to have another million national guards men dressed in jungle camouflage stationed outside every new year's eve party tonight? I don't think that's practical. I think the inevitable result will be that over the strenuous you objection of the ACLU and john Tamny, this country some day will get a national electronic identity card.
PRESIDENT-ELECT TRUMP CONSIDERING PRICATE MARKET FIXES FOR VA HEALTHCARE SYSTEM
John Tamny: Yeah, why not privatize the V.A. any time you have the profit motive working over anything you get a better outcome. But I would just add why not abolish it? We don't need a V.A. to get health care to our precious vets any more than we need a Social Security Administration to make sure that people can retire normally. Just get rid of it.
Bill Baldwin: I'm very much pro-choice. I would give veterans the choice of either getting fully covered care and so-so mediocre government hospital or getting a voucher that would cover costs of getting care.
Steve Forbes: Well, they would have to shape up. We would right now report came out about how veterans are being badly treated in terms of opiate opiates and drug addictions like the like. They survive if they provide a service, but having a card, whatever you want to call it a card where they can go to any hospital, let the V.A. Compete. We'll see how many hospitals we really need.
Bruce Japsen: Nothing is wrong with competition. The veterans like the V.A. system. Let's say that. It's an access issue and some cases where you have states or areas that have hospitals that don't have outpatient centers and the Obama administration has allowed doctors to get reimbursed for care, private doctors, and that could be expanded if we had lines and issues.
Sabrina Schaeffer: Look, I don't think that we need a V.A. we need a competitive health care market that allows veterans to get quality facilities and quality care. But if we aren't going that direction, we need real leadership up there and sort of analogy in my mind is that the D.C. Metro. We have and administrator who has taken this city by storm with his changes. I think if we get someone in there who is willing to fire people, willing to call out when things are being falsified and willing to really make a difference, it's possible we could reform the V.A. properly.
Bill Baldwin: (WHR)
John Tamny: (TWTR)