thank you so much for sharing your time with us this morning. we will be back at the top of the hour. coming up on "your money" super bowl weekend is here. big money being shelled out for big parties. >> as christine romans explains, it means big tax breaks for the companies having all the fun. >> it starts right now. >> the web sites you love, the government that's supposed to protect you and the hackers trying to steal your identity. they have one thing in common. they want your information and the less you know about it, the better. i'm christine romans. this is "your money." marissa meyer says they need to be more vigilant about your information. collecting your information is for your benefit. >> if we can anticipate the things you might want to know or some of the questions you may have, we just make you smarter. we want to go from you telling

us what you want to know to us suggesting things you might want to know that might make your life better. >> the president says nsa surveillance is key to national security and has not overstepped. >> nobody's listening to the content of people's phone calls. >> recently, target and neiman marcus, retailers you trust, forced to admit your information was stolen in their care. the economists calls bruce schneider a security guru. he is the author of "liars and outliers." you say we are not customers. we are the product. >> well, it is true. think about google and facebook. they are free services and the reason they are free is because the sites are collecting your information and using that for

manipulation to persuade you to buy things and part you from your money. we are definitely the products in these services being sold to advertisers. it is not necessarily bad, but we have to recognize it. >> it feels like the wild west when you look out there. it is one thing to have a free e-mail service and there is a reason you are a product. you are using the service for free. when you buy something at the point of sale and you are hacked. use a phone call and you can be hacked by the government. i feel like everyone wants to hack my life. is that what is happening here, bruce? >> you know, it is and it isn't. it is a wild west out there and lots of hacks do happen. the target breach is a great example. tens of millions of credit card numbers stolen. more information stolen. largely the credit card companies made good on that. does that affect consumers? not really. the system was able to deal with that. you look at government intrusion. that is a bigger deal.

the nsa, the fbi, dea. a lot of spying. other countries. we have also hackers. a lot of people are after our information. there is some protection, but largely, attacking is easier than defending. that is a fundamental problem. >> bruce, the nsa did not build the program from scratch. it took it right from the corporate world. we didn't know how deep it went if edward snowden hadn't told us about it. i want to bring in zain asher. zain? >> interesting things to say. first of all, he says he is not coming back to the usa anytime soon. he said that whistleblower protection laws in the country are too weak and infectual. he says this is not the way to go. he focused on the way of it is all about targeted surveillance. i think bruce said we are the

products, i find that interesting. the different with facebook and google and with facebook and google, they have an incentive to make users trust them. that is where you have the checks and balances. that is why they allow you to opt out or update you on the privacy laws. the nsa doesn't have that. >> i think that is what marissa meyer's point was this week. bruce, ceos are asking the government for more transparency. how hackers are getting credit card information. it is all kind of rich all this opinion out there about spying and whose credibility is hurt by whom. we are not going back to a world without e-mail or social media. what needs to change? >> or a world without cell phones. transparency is important. while it is true that the

companies wants to trust them, they get us to trust them often by lying and it is very hard to set facebook's privacy settings. you can set them to whether your friends can see you post, you are not allowed to set them for the advertisers. a lot of this works because we don't know what is going on. transparency both for corporations and for governments is extraordinarily important here. >> bruce, do people really care? is it something we complain about because this is the united states and we cherish our freedoms and we don't like totalitarianism. people willy-nilly call, call, call and we don't like to change your numbers. >> people do care. when you survey people and you

ask if they care about their privacy and they want companies to do this, they say no. we can't go out e-mail. you cannot go without credit cards. if you are not on facebook and you are 22, you don't have a social life. a lot of these systems have become so embedded in our lives that we don't really have a choice so the market's failing. it is not there is a more privacy friendly facebook alternative you can choose. >> also, bruce, there is a lot we choose to be blind to not to know. we don't bother to read the agreement on facebook. a lot of people don't. i can't say for sure i read the whole thing. >> i haven't. >> nobody has. remember what's salient. when you go online and use your cell phone, talk to your friends and get your information. that is right in front of you. all the stuff about privacy and freedom and nsa and surveillance

and advertising, that is diffuse. as people, we are really bad at near-term gain and long-term harm. it is like dieting. at the moment, we cannot make good decisions. >> the day that somebody can scrutinize my diet without me knowing, i'm really in trouble. bruce and zain, have a great weekend. you might feel like you need to be a modern day superhero to protect your bank accounts and credit cards. what would you pay to be completely unhackable? >> $50 a month. nobody is trying to hack me, but i had to change my credit cards before and stuff like that. pain in the butt. >> $30 a month or so to have that security that i don't have to worry about anybody looking over my shoulder. >> maybe $1 million.

yeah. >> $25 a month. maybe more. it depends how it worked. >> how about you? >> probably pay more for real security, but i don't think it's possible yet. >> since i have been lucky enough not to have been hacked yet, i think $100 is sufficient. >> i would say at least $40 or $50 is a great price. if you can go with that, that would be awesome. >> i think a good $100, i would pay to be unhackable. if said more, i would do it. in terms of what they will find in e-mail, it is not worth hacking. >> then, of course, our own laziness plays right into the hands of criminals. if your password is "password" or "123456" or "monkey" you are helping hackers.

those are at the top of the list of the commonly stolen passwo passwords. learn more about how to protect yourself and money. coming up, itunes killing record shops. amazon ending bookstores. does netflix destroy cable? that's next. ear a bu our nasal , you may be muddling through allergies. try zyrtec-d®. powerful relief of nasal congestion and other allergy symptoms -- all in one pill. zyrtec-d®. at the pharmacy counter. mayo? corn dogs? you are so outta here! aah! [ female announcer ] the complete balanced nutrition of great-tasting ensure. 24 vitamins and minerals, antioxidants, and 9 grams of protein. [ bottle ] ensure®. nutrition in charge™. [ male announcer ] what kind of energy is so abundant, it can help provide the power for all this? natural gas. ♪ more than ever before,

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female billionaires are rare. self made in more rare. 1,400 billionaire and according to "forbes" few are women. now one joins the list. who is the self made success story? give me 60 seconds on the clock. it's "money time." cheryl sandberg is now a billionaire. shares pushed the value of her

holdings over the billion mark. she is one of the youngest female billionaires ever. governor rick schneider offered to help detroit out of bankruptcy. the cash will help the city, but won't close the $3 billion funding gap. target will no longer offer health insurance to part-time workers. it will encourage them to sign up for obamacare. target will cut 475 jobs around the globe. company under pressure after one of the biggest data breaches history. a sweet deal for candy crush. the makers of the game have trademarked the word "candy." netflix stock is climbing after the best subscriber growth in three years. the site drew 2.3 million more americans in the last quarter. netflix is killing it because more than 2 million people

decided they now want to watch their original shows, "house of cards" or "orange is the new black" which brings it to 33 million people. netflix wants to become a movie studio. that red envelope is all grown up. maybe it's a cable killer. brian seltzer is here with us and samuel. what is netflix doing right? >> it is all about "orange is the new black" and "house of cards." hulu is coming along and amazon is coming along. they don't have the series that everybody is talking about. >> potential cable killer or no? it is not moving in on the hbo. >> it is the rising tide. netflix is distributing the shows. netflix is acting more and more like a cable channel.

over time, a small number of people will say i only need netflix. it is additive. >> you have $80 for the cable box. >> who will choose $90 over $8 in the long run? >> the whole country is choosing both. >> not in the long run. >> the vast majority of people are addicted to cable television. that is good for cnn. i'm glad netflix is adding more options. what is remarkable of the quarterly earnings, this is a quarter with no big shows. they introduced a kids show in the last quarter. >> my big surprise is the dvd by mail service is still growing. people keep the technology they adopt and comfortable with. >> you know why? so many with the zombie accounts. it doesn't cost to send dvds to

nobody. it happens with a lot of companies. people sign up for a gym in january. after that, it turns into a zombie account. >> here is my question. what happens next for netflix? people said it would be a study of how to lose your business. >> how much bigger can it get? it is at 33 million in the u.s. 44 million customers worldwide. how big can the number get? wild speculation. 90 million in the u.s.? >> international global will cost the company little. they don't have to build new stores in europe. they paid for the infrastructure. offer it up. >> will we see them at the oscars some day? they have a nominated. "square." >> they are there already. >> they are there. they lost back in september. they are going in sensitive this year. >> i know.

three years ago, we would have laughed at the thought of netflix at the oscars. >> it is great to have options. that is what i love about netflix. gives us more options. >> for us in the content business, we love it. thanks, samuel, brian. coming up, want to go to the super bowl? tickets run $4,000 a piece. some corporations are doling out 100 times that much to entertain their clients. they are not standing in line for the bathroom, plus they get to deduct half the cost on their taxes. that's next. [ female announcer ] hands were made for playing.

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the super bowl, plus new york city equals hundreds of millions of dollars. the host committee says the big apple will get about a $550 million economic boost and a big chunk of that cash comes from some of america's biggest companies. richard sherman will be there, peyton manning, too, and so will the biggest names in corporate america, bank of america, goldman sachs, pepsi, tiffany, hertz, all super bowl host sponsors paying $1 million each for branding and access. >> how you describe the super bowl is mardi gras for corporate america because everybody is there. >> but that's just the start. a suite costs around $400,000. there are 220 of them. that brings the league and the host committee $88 million alone. here's what 400 grand buys. 30 seats, food and drink, parking, special access to events, plus the chance to

impress clients and cross a few things off the bucket list. the best part for corporate america? it's tax deductible. but that's bad news for the average joe. >> pushed up crisis. it's pushed them up so much that tickets now are out of the reach of ordinary americans. in fact, there was a game in indianapolis in october where the average price of a ticket was almost equal to the average gross pay of half the workers in america, about $500. >> that's the knock on the super bowl. a bash for the wealthy who get a tax break for partying in luxury boxes and rest get higher prices for the cheap seats. here's the simple math. take that $400,000 suite, 50% is tax deductible, the other half, 200 grand is subject to a 40% tax rate. that equals $80,000 of potential tax revenue gone. and it's not just super bowl suites. tack on hotel rooms, dinners, limos, even private jets.

but companies say that's the cost of doing business. eventually creating jobs and making the economy work for everybody. >> it's not a junket for the employees of the company. it's a business development venture. so you send your salespeople to the super bowl to build relationships, to do business. >> to some, it's a super sides example of an inequality in america and unlikely to change any time soon. it's the cost of doing big business in america. think about all the other big sporting events of the year. the final four, the daytona 500, the kentucky derby. businesses entertain clients at all of those events. and most are getting a nice juicy tax break to do it. coming up, a cnn reporter roughed up by chinese authorities this week. >> this is not illegal what we're doing. we are reporters. >> it started when our david mckenzie tried to report from outside a beijing courthouse. why it matters to your money,

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what? >> i want you to hit me in the face. i want you to hit me in the face. >> all right. >> take your best shot. >> i said forget about it. >> fight all the time. hit me in the face. >> with apologies to martin scorsese and 1980 film the stock market is less raging bull and more aging bull. a rocky start to the year for stocks. four down days in a row this week and whispers this old bull is due for a correction. why? every match can't be a first round knockout like last year. the dow up 26%. the s&p 500 more like 30%. the nasdaq last year, up 38%.

with barely a stumble. the bull market turns 5 years old in less than a month, the full year older than the average bull market. i'm not ready to say the bull market is over but we have not had a real correction, 10% pullback since last summer. we're not close to that yet. no question, this year will not be as easy for your 401(k) as last year. a lot of what happens to your investments depends on the economy of america's great friend and trading partner china. one week manufacturer number from there is what set off all of that wall street selling this week. china is on track to be the largest economy in 2020 which makes our david mckenzie's scuffle this week all that much more disturbing. he was roughed up and thrown into a van. he was covering the high profile trial of a human rights activist in beijing. this is frankly a typical peril of reporting in china. the contradiction is obvious here. china wants you to be free to buy its shoes and electronics

but not free enough to report stories within its borders. and buy, we do, with abandon. america's trade deficit with china, every dollar in goods the u.s. exports to china we import four times as much. we could export more if it were legal to send tanks, guns, defense technology, which china wants, but it's not legal since that violent 1989 crack down on democratic protests in tiananmen squa square. this weeks's events shows the culture clash. thank you or starting your saturdays smart with us. five years after the bust, housing is back. >> gives you that grown-up feeling of, i own a home and this is my slice of the american dream. >> why rising prices and rising mortgage rates have some first time home buyers rushing to get into the market. right now on the "cnn newsroom"

we are one day away from the biggest night of music, the grammy awards taking over l.a. what would have been the biggest nomination surprises, what are the biggest snubs? your fullback stage preview coming up next. just as the republican party tries for an image rehab they get this. >> they are helpless without uncle sugar coming in and providing for them a prescription each month for birth control because they cannot control their l.a. ibido reproductive without the help of the government. a woman contends it's potluck but she may have taken the term too literally. why she's now facing poisoning charges. and bieber has left the