Dave Asmun News Today

Dollars on mass transit. it has a role in certain parts of the country but tens of billions that could have been used for real infrastructure. >> dave: so there may have been a time when massive projects, there is too many regs to make it efficient. >> i dont see the private market stepping up to do the job. wait a minute, this country is turning into a third world nation. our infrastructure is truly crumbling. >> they are using private contractors and there are questions at that level. we have ...

The lenders are giving loans to people that are going to default and be repaid by taxpayers. this is scheme by federal government to redistribute wealth from higher earning people that pay higher taxes to lower income people. that is all the is. >> dave: one of problems is we have so many federal agencies involved. we nationalize fannie and freddie. as i mentioned all these programs that the treasury department started. how do you untangle the bureaucracy? >> you let them expire and privatize fa...

Companies. >> dave: last word from john, thank you. from 9:00 to 5:00, to 24/7. answering calls more than ever after hours and some are suing bosses to pay up or should the workers suck it up. ♪ ♪ everybody is going on the deep end ♪ ♪ everybody is needs spend a day ♪ ♪

Infrastructure spending in the surplus spend. guess how much highways got? a big, fat zero. in new jersey it was sent on highway ramps to nowhere. >> dave: there are road to nowheres in new hampshire. >> that one ended up in a concrete wall. the scan village, population less than 200, they got a $15 million airport. why not newark or las vegas. its a big pork barrel project where the states spend the money and they get to a monopoly on this money. >> dave: i am thinking of the big dig in boston ...

Emergency, i worry about my taxes going up. if we want better roads and less traffic it is easy. bid it on these road building to private motivated entities. you will see innovation and prices for the times that you drive those roads. its through market forces, dont hand it to the government. >> dave: rich, we had an ice rink in central park. its a beautiful place. the city government was working on it for years and cost overruns and finally donald trump stepped in and said, hey, look, give it t...

Dividend payers have been a star recently as companies give cash back that will continue. >> charles: what else do you have for us? >> i like the israel etf. israel with all the threats and all the dangers is booming, the economy is tech center of the whole world. i like that i believe jews are capable people. >> charles: i love those israeli companies. guys this is was a fun show. everyone, thanks for watching. forbes on fox is next. here is dave asmun. >> forget gridlock in washington. hitting...

News. if you want to take uncle sam mortgage industry. between fannie mae and freddie mac and fha those three entities underwry all of the home loans. as long as the americans want a 30-year fixed you are going to have uncle sam in the picture. >> dave: that means a disaster on s on the way. fha insured about 740,000 loans that were in foreclosure, about 10% of the one trillion dollars of the mortgages may be in trouble? >> that may be an understatement. the government will throw them out of bus...

Financial. >> this is a business to protect your assets from the people running the government. >> i like the stock but its like watching it it very slow growth. >> and watching paint dry. >> kronos worldwide, they make pigments for paint. >> they only make one pigment, do you like them. >> rising costs leading to lower profits. im nervous about. >> dave: that is it. have a great weekend. here is eric and cashing in. >> eric: neither snow nor rain, you wont need to check your mailbox today becau...

National guard is helping to clear the roads. in massachusetts, enforcing mandatory evacuations of the coast due to rising tides. a town, icy floodwaters have breached a seawall. police have received dozen calls from stranded homeowners. now back on forbes on fox. for the latest, log on to foxnews.com. >> i was hoping you could get a flight from miami to new york tonight. >> to new york, its coming in tonight. >> im trying to get a flight tonight for tonight to miami. >> dave: not just the fashi...

Chicago police want overtime pay for that. if they win this case could reverberate nationwide as other workers look to do the same thing. rich you say no way to extra pay why not? >> its just ridiculous. in a 24/7 world wo people would have that kind of complaint. it comes with the job with every other kind of job. in the private sector, if you ask for a raise or in this case overtime, you should do your fundamental job and chicago that leading the country in the murder rate, 700 murders on trac...