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tv   On the Money  CNBC  June 28, 2015 7:30pm-8:01pm EDT

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hi everyone. america's health crisis cost a fortune and it's entirely preventible. governments are working to fight obesity and diabetes. are they going too far? could an app a day keep the doctor away? >> i still struggle with my weight, honestly. it's made me aware of what i'm eating. >> the ups and downs of the amusement park business. we'll talk to someone who rides the rails for a living. staying home for stay-cations, on the money starts now.
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america is in the midst of a health crisis that's preventible. not cancer or heart disease. it's obesity and its relative, diabetes. each day more than 4,000 americans are diagnosed with diabetes and each year more than 75,000 people die from it. why aren't we preventing this totally preventible disease? that's our cover story today. >>s the epidemic is a crisis. >> american's waistlines are expandi expanding. 35% of the population is considered obese. it's a growing problem. obesity rates have more than doubled in the united states over the last 35 years. the consequences can be deadly. obesity can lead to diabetes. that's now the seventh leading cause of death in the u.s. type two diabetes affects more than 9% of the u.s. population. that's more than 27 million americans struggling to control their blood sugar according to the american diabetes association. it's also hurting our wallets.
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obesity accounts for almost 21% of u.s. health care costs or $190 billion a year. some municipalities are trying to get americans to cut back on unhealthy food and beverages. it's a move many health experts support. >> it's like what we put on the cigarette packages. >> what can be done about this epidemic? san francisco is the first city to require health warnings on ads for sugary drinks. joining us now is rick berman, the executive director of the center for consumer freedom. thanks for joining us today. >> thank you, becky. >> you are opposed to this new san francisco law requiring warnings on ads. why do you oppose the warning labels? >> from a logic standpoint, the warning proposed and adopted says that sugary drinks contribute to obesity. for that matter, cookies, cakes,
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ice cream all contribute to obesity. if you have the logic that you have to put warnings out on these particular products, these soft drinks, obviously, you need to put it out on the others. the centers for disease control some years ago before the downturn in soft drink consumption said that soft drinks only accounted for 7% of total caloric intake for adults. so you have to ask yourself whether or not we really have a crisis here when it comes to soft drinks. you may remember when bloomberg in new york tried to ban big sodas. >> that did not go over with the courts. >> the court said that it was arbitrary and capricious on bloomberg's part. you could say that's the same thing here. there's an arbitrary attack on soft drinks. >> i understand your point that adults, this doesn't make up a huge fraction of what they're intaking every day. when you look at kids, that's
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where the concern might be. when it comes to a warning label, at least just the idea hey, people pay attention, this adds up to obesity, this could cause sugar decay. i don't have a problem with a warning. >> they're putting warnings in taxicabs and billboards. i don't know that that's directed to young kids. i don't know too many young kids taking a taxi cab. it's really a statement by the city but not necessarily an efficient or effective one. if you have an iq above room temperature, you know that soda has sugar in it and that it has calories in it along with the other foods that people eat. >> although, i will tell you, again, i agree with you on a lot of this, rick. when it came to fast food restaurants put up the calorie count on every single item that they sell and making it up on the board, that changed my behavior. there were things that i thought were lower calories that weren't. maybe this just sticks with some child who says oh, i should think about it and add it up to
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my idea of these are things that i should be drinking in moderation. >> you know, i always warn people against a focus group of one person. in your particular case, in studies that have been done on this indicate that the calorie counts on billboards don't change behavior. it doesn't really matter. in any event, those are not warnings. that's just information. there is information on the soda bottle that says here's how many calories are in here. it's the same with the fast forward boards. it doesn't say if you're going to eat a hamburger, it will kill you. >> it doesn't seem like a huge deal. there aren't that many people standing against it. again, i'm not condoning in any state, when you're talking about a warning, they're not changing anything. >> if you want to use, what's the harm, you could do that for a thousand things. you could always justify it that it's my bright idea and what's the harm?
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in this particular case, they're saying that the size of the advertisement, the size of the warning has to be 20% of the advertising. so what's to say that there is any harm in making it 50% of the advertising. 20% is an arbitrary number too. they lifted that out of the tobacco law which says the tobacco warning needs to be 20% of the label. but the san francisco supervisors, they don't have the right to go into another law and lift out a particular provision which is a penalty provision if you will and just say we're going to use that number. so there's no basis for the 20%. why isn't it 30%. what's the harm of it being 40%. this is why we have laws. so people can't hijack other people's rights. in this case commercial rights. >> it's been a pleasure talking to you. >> becky, thank you. rick berm an. >> one program that helps fight obesity was unveiled in new orleans.
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it combines good old-fashioned advice with a high tech twist. bertha coombs has more on that. >> hi, becky. there are a growing number of digital tools to help us monitor our health and our weight. doctors at orb ner health system are testing a number of them. including the apple watch with the high risk patients and the early results are impressive. >> john hogue was never one to count calories. mobile devices and health apps are finally helping him get his diet and diabetes under control after years of nagging from his doctor. >> i would go to the doctor and say yes, sir and i listened to all the good advice then i would go down the street and have a poor boys. >> then his cardiologist prescribed mobile apps that got loaded on to his phone and now on to his apple watch at the hospital's version of a genius bar. >> i struggle with my weight honestly. it's made me more aware of what i'm eating.
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>> nonprofit os ner is trying to coax its patients to get healthier. >> there's over 100,000 health and well necessary apps on the market. there's been data to say 50% are not very useful. we'd like to feature the one that is we and others found helpful to patients. >> the hospital is conducting a trial with patients like this man using apps and mobile blood pressure cuffs to actively monitor their hypertension. they've also bought the patients apple watches to make things like notifications about medications more immediate. >> seeing what the medication was and seeing the picture of it helped me remember which one was the one i was supposed to take. >> early results have been encouraging. >> at the end of 60 days over 60% of the patients getting under control. >> it's a much more interactive model of patient care with the information generated and constant contact on the phone.
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it may seem intrusive to some but patients in the program say it works for them. >> i love it. my gosh, i definitely wanted to know what's going on with my blood pressure for sure. it would be different if they're listening to my phone calls. this is for my own good. >> as john hogue puts it, he feels like he's getting a real support network now. >> the hospital actually bought apple watches for the patients in its hypertension trial. they can't buy one for everyone. but the doctor says the health team monitoring approach could be used to help lots of folks. >> what happens with all that information that is generating and sending back? does it go back to a computer? >> what they've done is basically use, we talk about the big data programs and so they have rearranged it so they have teams that a nurse practitioner in the doctor's office working with the pharmacist, they get that data in. they take a look. it will alert them for example if your blood pressure has gone
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down if you're exercising and eating well. it goes down. the pharmacist might call and bring down your medication. or if it spikes, the opposite. they also use with some patients these electronic scales that send back the information. so with heart patients in particular, if they gain a lot of water weight that's a concern. they're able to call and say hey you're gaining weight, let's tweak the medication, exercise more. it's about that team approach that these patients say really makes the difference for them. >> bertha, thank you very much. up next on the money. you don't need to drop hundreds of dollars to drop hundreds of feet. we'll show you how flil seekers enjoy the best new rides of the summer saving time and money on a stay-cation. we'll dive deep and go around a backyard pool without leaving it behind without going too far.
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here's a here's a look at what's making news heading into a new week on the money. america's economy is shrinking but not by as much as first thought. the final reading of the gross domestic product felt 0.6 percent. the gdp is the broadest measure -- both stronger than first thought. stocks moved during the week based on any given moment's optimism or pessimism. dow closing at an -- though pessimism in midweek. the dow had a worst day in a month. the markets were mixed on friday. ford is driving into the future. the automaker will be testing out a new program to compete with companies like zip car and lure mill en yes, ma'ams into ford vehicles. it would allow buyers to rent out their own cars when not being used to defray the cost of ownership. and if you've had that sikhing
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feeling when you sent an e-mail that you didn't mean to, google has a solution. it's called a feature that is called unsend. it turns out that google has had this for years but it's more easily accessible in settings. it only works on pcs. if you want to make a mistake on your mobile app, you're stuck with it. speaking of sinking feelings, if you're looking for thrills this summer, you're in luck. more new roller coaster at theme parks than at any time since 2008. what's driving operators to invest and build new rides and wip are the best to try. joining us right now with the answers is theme park expert arthur levine. great to see you. thanks for being here sniermt it's my pleasure, becky. >> what gives? how many so many new roller coasters. >> the recession caused problems for a lot of industries, especially discretionary income and things like travel and theme parks. but with the economy improving and attendance up at theme parks and revenue up, they are a little more bullish and we're
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seeing pent up demand, a little bit of delayed projects that are now coming online. we're seeing a bunch of new roller coasters and all kinds of other attractions coming into theme parks. >> how in the world did you get into this line of business? i know my kids would love to do what you do. >> it's just been a lifelong passion. kids normally love amusement parks. i never lost the love. >> you have a list of your top three coasters. talk about the first one. the first one at six flags magic mountain. twisted coe lass os. >> yes it is. it's twisted colossus. it's a retrofit of a previous one. it had been there since the 1970s. appeared in the movie national lampoon's vacation. it was a beloved wooden coaster but ending the end of its useful life. they came in and ripped out the traditional wooden coaster track, put in a steel coaster track and modified the ride and
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it's now called twisted colossus and has all kinds of wonderful new elements including inversions, which is very unusual for a wooden coaster. >> let's talk another one. the regional park called care owe winds in north carolina. this is fury 325. it's a new breed of roller coasters. why is that? >> well, you have 325 guesses as to how many feet tall this is. >> 325 i would be guessing. >> you've got it. it's 325 feet tall. which is very tall. one of the tallest coasters in the world. it also goes 95 miles an hour, making it one of the fastest coasters in the world. >> last but not least of your favorites is the ride thunderbird from holiday world. what do you like about this one? >> thunderbird is a wing coaster which means that the seats are on either side of the track rather than being directly over the track.
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it gives a unique perspective and makes for a wide train. at different points during the ride the train is racing towards in this case what looks like a dill aapidated track. it tilts sideways at the last moment and you thread the keyhole and barely make it through. >> do you have any tips on how parents can save money this summer at theme parks? >> sure. it's not inexpensive to go to the park. the major destination parks like disney and universal. they typically do not discount their tickets. but what they will do is they will have package deals where they bundle hotel stays with tickets, sometimes they'll also offer food as part of the package. i also would suggest that people might want to consider going in the off season when these deals tend to be even more generous. for the regional parks, the seasonal parks, they almost
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always do discount their tickets, but you have to do some research. also, you can do some advance purchasing on the websites and often save a lot of monday. >> that's a great tip. >> one thing that i often recommend and people are surprised to hear this is it may make sense to get a season pass sometimes. if you're going to go to a park more than once, often for a little more than the cost of a single ticket, you can get a season pass and go two or perhaps three times. >> quick question for you. you ever throw up on one of these rides? >> no. i've been blessed with a cast iron stomach. i still can go on spinning rides even though i'm in the throes of middle age. i guess i'm lucky in that respect. >> you ever a lucky, lucky man. >> arthur, thank you so much for joining us today. we really appreciate it. >> it's my pleasure, becky. if your heart says paris, but your wallet says home, hints on how to make a stay-cation a vacation to remember. as we go to a break, take a look
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sleep train's 4th of july sale is ending soon! ♪ sleep train ♪ your ticket to a better night's sleep ♪ 85% of americans are planning a summer vacation this year according to american express. not all are traveling that far from home. many are looking for summer fun
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in their own backyards. joining us is our senior personal finance correspondent sharon epperson to tell us how to vacation at home with a stay-cation. sharon, what's a stay-cation? >> you stay put. stay in your home or town and you enjoy the offerings that you have there. you can find great deals with local venues, try restaurants you've never been to before, perhaps a concert you want to go to. it's a great way to save money and time. the hassle of traveling somewhere and dealing with delayed flights, lost baggage. none of that. >> probably a lot more relaxing than other vacations. >> very relaxing. >> what are some of the other types of stay-cations. >> what's interesting is people think of is as staying home. you don't have to think of it as in your house. it can be nice to -- suggesting to friends that you've never stayed there or even maybe rent a home in an area near your home or where you may want to live if you want to think about moving to another location.
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>> that's great. >> what i really like is all the festivals happen in the summertime. don't these people work. if you have a stay-cation, you can actually go to the festivals and enjoy them. that's another thing to do. do it around an event. >> sounds like a good idea. there are so many distractions at home. how you get into the vacation home at home. people know where to find you, people stopping by all the time. >> you have to disconnect and disengage. you have to work hard tore do that if you're doing a stay-cation. make sure you disengage from work. try to eat out or have dinner delivered. don't do the chores. don't do the chores, the bills, the errands. leave all of that for another day. i personally wouldn't even check the mail. i would pretend that i wasn't there. let it pile up outside. >> think you're actually not there. >> what's the best plan? >> the best plan is to make sure if you want to do it, you really take the time and have a relaxing, enjoyable vacation.
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you're staying put but you're on vacation. relax, enjoy and don't let work and other distractions keep you from having that me time. >> sharon, thank you. >> up next, the news for the week and what's up with the wheels. one iconic film product. can you guess which one it is. ♪ hey, what if we took down this wall? ♪ what if this was my art studio? what if we were pre-approved? ♪ shut up. from finding, to financing. how'd you do that? zillow.
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for more for more on our show and our guests, you can go to
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otm.cnbc.com. follow us on twitter @on the money. here are stories coming up. on tuesday, we'll get an update on national home prices and on tuesday, a leap second will be added to keep the atomic clock in sync with the earth's rotation. that could affect computers around the world. wednesday, motor vehicle sales due. the ism index, a report on manufacturing activities. that comes out for the month of june. kraft shareholders will find out if they'll acquire hj heinz. >> friday, the markets are closed ahead of the fourth of july weekend. back to the future is now. at least according to one company. fans of the movie will be ecstatic. lexus debuted a commercial featuring a functional hover board. the levitating skateboard featured in back to the future part ii in 1989: their version is called sly.
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it uses liquid super conductors and mack magnets. they will test it in barcelona this summer t will make a special announcement on october 21st. that happens to be the day that marty went back to the future. would you mcfly it if you could? i have to admit. i am not easily impressed but it sounds pretty cool. i'm becky quick. thank you for joining me. next week is summertime the time to buy? we'll find out what you should be shopping for to get the best bargains in the summer months. each week keep it right here. more on the money. have a great one. see you next weekend.
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[ mid-tempo rock music plays ] >> more than a year has passed since colorado became the first state in the nation to legalize the sale of recreational marijuana. but sometimes the line between what's legal and what isn't is still a little hazy. this is not the first time cops have been called to this head shop in wheat ridge. >> so [b]

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