money on pell grants and doubled the amount of money and obama brags about it and added from $6 billion to $9 billion in spending and it is very expensive for all these things and what is it about? that was an emergency fix that the democrats put in place and now it is a permanent entitlement. the fact is, college is very expensive but maybe not every student should get to college maybe it should be based on the major. if you are at a community college getting skills, that matters. the implement rate for math graduates is twice as high as that for anthropology and sociologist graduate so why blindly give these to everyone? we should be smarter and recognize that everything is not an entitlement but we have gotten do that mindset. why must the government do everything? they are giving us money, entitled to the jobs and now 47 percent of americans rely on the
the chief of staff, how were are they paid? this is the head administrator and chief of staff said we are not sure. i said, come on, and he said, well, it could be over $170,000 and we looked it up, over $180,000, plus benefits. here is what bothers me. that s all hard working american taxpayer money that is funding that. there is a violation of public trust there. i have only been here for 16 months but where i come from in western pennsylvania when you violate the trust, the public, and the public s opinion no wonder is so low you cannot pay people, and in this case, they gave him $9,000 bonus on top of . neil: i see where you are going, i would have frozen the pay for anyone to agree to have a picture of him taken in a bath double, that alone would be reason. but i digress. the other issue that you may worry about is be careful what you wish for, if any time there
suggesting strong corporate earnings are reflecting of america and they are stingy and not sharing. most of the money is generated overseas. there are profits generated and the rest of the world where they embrace capitalism this is where the money is coming from. a lot of the companies would love to bring some of it here but they pay taxes over, another live percent? the answer is no, particularly when the president really has launched a serious war against success, against from expert, and it feels leak perhaps in a second administration, the war of words will actually become a war of action. neil: thank you, charles, very much for joining us. all of this as the president prepares to officially kickoff the campaign tomorrow and stops are planned in virginia and ohio two swing states where the jobless rates are dropping and the rich electoral votes are inviting and they happen to be republican by run governors. so meek mike huckabee, is the
standard & poor s first with the credit rating and then nearly a dozen banks downgraded and the latest unemployment figures from there coming to nearly 25 percent so it was good that spain do show some resilience. not just the united states that has europe worried. but, also, europe itself with big elections this weekend if france and germany. freeway french socialist expected it take power which could be a problem for the euro zone. neil: charles payne says it is not just workers getting whacked but the entire economy, possibly. guest: as bad as the stock market was what i have been worried about is the red flag has been ten year yield on our treasuries, under 190 so that is scary. that tells you the giant money, while there is big institutional money or country s money they would rather give the united states cash, big time money, to hold for ten years and get back less than 1.9 percent return.
so, the comparisons will be tougher, now, as we get quarter over quarter and year-over-year because they have already, you know, cut that stuff out. guest: in question. every good c.e.o. has trimmed back all the places he wanted to over the years, and could not, that is right. but demand is increasing. and as that demand increases they will try to hire the best people. they have learned the best people create a lot of leverage and so we are back to the question, who are the best people? are they ready for the 21st century senate jobs? neil: where are the stars going? we hear they are going abroad, to switzerland, but spain, but they are not here. is that true? guest: this is more money than talent at the moment and it is harder to deal with money in zero interest rate so the stars go to where there is capital.