Skip to main content

tv   The Willis Report  FOX Business  February 27, 2013 6:00pm-7:00pm EST

6:00 pm
share the money. the machine has suggestions on how to pay for work. buying diapers for a pregnant woman. people are actually sharing the money. do you think they would have in the u.s.? >> i'm going to hope that they would. whose money is this? the banks? >> coca-cola. >> then go for it. that's fine. sure. we are big hearted people. >> you're right about that which is why you might not need government to be handing out money. dennis: why is coca-cola not doing it here. >> at think america is one of the most generous nations in the world. but the machine and other countries and good luck. dennis: of believe that our charitable giving per capita is more higher. and adjusting for higher wealth in this country. as much as we demonize mitt romney for is 15% tax rate, the guy gave more money the charity
6:01 pm
in a single year than most americans were given their entire lives. all right. we have one, people up in arms. the state of massachusetts has started sending out letters to parents of kids to have a high body mass index. easing to decide what the child qualifies as fat does not accurately reflect someone else. think you're angry. >> they're going to say, you know what, of these parents of letting these kids eat crap on a daily basis. teams. >> get the government out. the parents should know better. dennis: we will read that right here. be sure to tune in tomorrow. melissa frances speech exclusively with j.p. morgan ceo. do not miss it. "the willis report," that will be next. ♪
6:02 pm
gerri: hello, everybody. i'm gerri willis. tonight on "the willis report", government intrusion reaching the -- even deeper. obamacare is forcing your employer to watch for you read. also, local government run amok. the city hires a new manager who can't seem to manage his own money. he as dawn broke twice. helping our euros, military wives are making a difference. the willis report is on the case. ♪ gerri: all that and more coming up letter, but first, our top story, more and more companies tracking employees every move, please camorra they shop, it's way they're putting gun. thanks to obamacare. listen up. you could be next.
6:03 pm
joining me now, founder of patient private rights foundation. we don't have enough of that right now. , was shocked to learn that some countries are buying not medical data but financial data and of the employees that the cover to find out where they're buying plus size clothing, going to bars and spending all their money on vodka and gin. it seems to me a real invasion of privacy. >> yes. it is a massive invasion of privacy, but this is not caused by obamacare. this is caused by companies wanting to try to control spiraling out of control health costs. it is not caused by obamacare. technology. gerri: the privacy because i think that is a critical and is -- issue. i understand that some of these companies are attracting people's, the health care,
6:04 pm
giving them bins to measure how much exercise they're getting in that tender thing. people voluntarily doing that. when you're sneaking around behind my back and figuring out how i am spending my money, that i have an issue with. >> you're right. and i think all americans have an issue with this hidden collection of release sensitive personal information. the truth is in this country, the only kind of information we have longstanding rights to control and expect to control is all the information. none of the technology systems have been built to put us in control of 210 see and use it. that is what we work to try to restore, try to get congress and the president to put us back in control of this information so that it cannot be collected secretly and sold like this to discriminate against us. gerri: a point of fact. ms. using medical records for
6:05 pm
hiring and promotions. the beat goes on. thank you for coming on. as a fascinating issue, and i am sure route will continue to follow it. >> thanks you. gerri: we want to know what you think. is obamacare forcing employers to invade your privacy? log on to gerriwillis.com, of r.r. inside of the screen analysts said results at the end of the show. my next guest, 26,000 word article. an opus on the topic of how high health care costs are mounting. lots of attention and happens to be the cover of time magazine. his in-depth report sheds light on my medical bills are killing of several to have literally. thank you for coming in the show tonight. the read the article and was blown away by some much research into it. and it really focusing on the wrong thing. who pays for health care, not how much the bill is. >> all the debate over obamacare , it was all of whether
6:06 pm
the private sector should be involved in insurance, the village -- the government should be mandating. it did not focus on the core issue which is why it is all of this caused some much. what i did was, i took some sample bills and just follow the money to see who is making all the money and how. gerri: it was fascinating to see that uncovered. the thing you wrote that i sort -- i thought summed up what you're saying is that the health care market is not a market of all. everyone fears differently based on circumstances they can better control more protect. so fascinating the you would have a medicare patient, you would have someone with no insurance, someone with insurance, and the bills or all dramatically different. >> totally different. and ironically, health care insurance is medicare. gerri: the cost is certainly the lowest.
6:07 pm
there reprocess the claims most officially. i had never heard this described before. you talk at length about hospitals had this book they get to which has a list of the prices they often charge up to ten times the cost them 8 tons a profit everything ranging from the asman they give you and the little paper cups.
6:08 pm
and they go -- the charge a master, their list prices. gerri: an example from their own story. one tylenol tablets price data the dollar $0.50 versus the dollar 49 for 100 of them if you go to your local drugstore. that's crazy. >> that adds up. plus, the hospital does not pay what you would pay your local drugstore. they have more buying power. things like the $77 a box of gauze pads or a $1,200, you know, x-ray that medicare might pay $60 for. gerri: you pay more. if yoo're not in medicare you pay more. it. gerri: if you have insurance your insurance company pays a lot more than medicare and the irony of ironies is if you don't have insurance ebay more than your insurance company and much more than medicare, so the people least able to pay of a once you charge a most. gerri: as a result the u.s. spends more on health care than the san countries combined.
6:09 pm
>> we spend more than everybody. we spend 50 percent more on the same prescription drug as any of those countries have to spend. it is because we sort of live in a fantasy that medical care can be the competitive open free-market when it is not. gerri: if you go out, buy a pair of shoes, walking into a shoe store and you can decide that there too expensive. better yet, you can get to another shoe store. gerri: that is at the time to figure out what the price tag is. you have no choice. this story almost to not get to print because it was commissioned by another magazine entirely. what happened. >> it was going to get to print. i made a decision that it would be published in the new republic and then they tell me if they would bunted for an interview with president obama.
6:10 pm
i shifted it to another magazine. gerri: solutions. the most importance solution out there to this problem which is unbelievable. >> we have to acknowledge again that is up the same as you buying a pair of shoes. it is a market -- gerri: should it be more like that? >> if you could pull it off, it would be great. the fact is, you do not have the knowledge, the freedom. and in every other developed country in the world, a conservative or liberal, they have price controls or some mechanism whereby, you know, the government is controlling the prices or allowing people to buy their insurance. gerri: i am not in favor of that, but the system we have right now which you selling garlic depicted is a mess. thank you for coming down today. we appreciate your time. more still to come, including a
6:11 pm
nearly bankrupt california city making a shocking higher. speaking of california, kidneys bad news as the golden state has more wind and solar energy. it just does not have any power. elected california's growing electricity crisis coming next. ♪
6:12 pm
6:13 pm
at a dry cleaner, we replaced people with a machine.
6:14 pm
what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. gerri: this just then, just been confirmed as the new treasury secretary, the senate voting to confirm him just a few moments ago. the pick was criticized by many republicans, particularly bonuses that he received in his involvement in setting of the sequestered. once again confirmed.
6:15 pm
on other topics. president obama's green dream looks more like a nightmare. having pushed to get a third of electricity from renewal resources like wind power, california is facing an electricity shortage. it turns out the energy produced by wind and solar is not reliable because it fluctuates with the weather and could result in rolling blackouts all across the state. joining me now, michael sandoval , investigative reporter for the heritage foundation. this is crazy. >> pleasure to be on. gerri: it amazes me that all of this effort in developing these alternative resources, and we did not know before we started that there are no reliable? >> it is clear based upon the evidence in california and other states that wind and solar are too intermittent to be reliable. and a state like texas which has a very large installed when
6:16 pm
capacity, they like to talk earlier this month that they reached a very large percentage got 28 percent. the very next day they went down to below 3 percent, so you can see in the course of one day the intimacy issue and the fluctuation. gerri: i don't really think we are getting to it. you know, wind relies -- you have to have wind blowing all the time. >> absolutely. you have to have wind or, you know, you don't have any energy production. texas self, the reporting out of that state actually paid two years ago just over eight and a half% of installed capacity in the peak season when people are flipping on the air-conditioning and wanting to use the available resources to cool themselves off and it is not available. less than 10% was considered dependable. gerri: out. that is amazing, and we have solar which is not reliable. if you cannot rely and solar in california or texas or nevada,
6:17 pm
you cannot rely and so low because that is where they get on a son. >> they absolutely do, but, you know, is obviously correlating with the availability of sunshine. he also had things like storms that could interrupt that. so, you know, putting those things into the grade without a way to up making reliable really jeopardize is the great and caused blackouts, which i am sure millions of californians are very familiar with. gerri: why can't we just burn coal or natural gas with the old electricity plants and go from there? i have no idea. i have to ask you. we talked about how the solar panel makers produce hazardous waste. but, no, this company, which is an absolute flop, it's going to have to bury the old panel. so, now, we're going to have as of this waste site from a company that was supposed to be the answer to the green dream
6:18 pm
that the obama administration as before. >> absolutely. technology, a carcinogen. and so they have douses the palates of unused, and sold and possibly defective solar panels of the their warehouses. and if these are not disposed of properly they have a contamination issue. they're being forced blessed of colorado to either sell or dispose of these, and that would then details of a set of color out, treating them and then putting them in cementum burying them in the plains of colorado. gerri: the cost is over $2 million. i assume. are we going to pick up the tab? >> local part of the bankruptcy bill is that the state is not going to find them yet. there would like to resolve this, but, you know, $70 million of $400 million loan was drawn down by the company before they went bankrupt. i am sure the taxpayers are at least pick apart the tab.
6:19 pm
gerri: that is depressing. thank you for coming down and explain. we appreciate it. >> absolutely. thank you. gerri: a little later in the show, the real numbers behind a sequester. i said it. why it is oscar tactics. one california city was in such bad financial shape even as the money manager's files for bankruptcy not once but twice. details next. ♪
6:20 pm
6:21 pm
gerri: would you fire somebody to file personal bankruptcy twice to be in charge of your finances. a bankrupt california city with this. ♪
6:22 pm
♪ >> from our fox business studios in new york, here again is gerri
6:23 pm
willis. gerri: you have to hear this story. the city manager for a bankrupt san bernardino california might have too much experience dealing with bankruptcy. the city's new hire has declared personal bankruptcy twice. the latest just two years ago. here to weigh incoming editorial board member of the "wall street journal". it sounds like somebody made the story of. bigeye filed personal bankruptcy not once but twice. he and his wife have to take classes on how to manage their personal money and then now he is running a bankrupt city in california. i mean, does this make any sense to you? >> you know, for the first time ever on your show, i am speechless. [laughter] really, this is shut -- such a shocking story. what can you bring in someone who knows how to run a business, a turnaround things, and there are five or six counties in california that are on the verge of bankruptcy. so this is not a unique story,
6:24 pm
but you have to bring in someone who can take on the unions, no such a turnaround things and cut costs and certainly this person this does not fit that bill. gerri: one person will get help, and it is alan parker because he will be making $221,000. maybe he'll be at a bankruptcy by the end of this. >> that is amazing. $220,000 for a bankrupt city, to pay in that kind of salary. i don't get that. that is more than federal employees are making. that is a lot of money. gerri: i just can't help myself. a san bernardino a city attorney defending the city for they're decision to hire this fella. he says, bankruptcy is not something we don't take lightly because we're in a. >> i guess you can only understand bankruptcy if you have actually been in bankruptcy yourself. i mean, this is sort of like getting bonnie and clyde to do
6:25 pm
your -- via come and defend your bank against robbers. gerri: i agree. i think it is crazy. getting coverage, but no one seems to care. i want to take you to the jury having problems of its own. they are talking about and managed bankruptcy, and you think that this could actually be an of course they have 40 million in debt. you think this could be a good thing. >> for allow the city's bankruptcy is actually 55 cities that are on the brink and cannot pay their bills. the ones like detroit. san bernardino that have -- the reason they're running in negative cash flow is because so much of they're expenditures, as you know, they huge liabilities from their pensions in they're health care plans. well, the only way you can get out from under those legally. i mean, you have to declare bankruptcy. basically, you know, white the slate clean and start over again. i think that is the strategy. gerri: i think that is key because in so many cases, so
6:26 pm
many cities and towns and counties all across the country, that is the one thing holding talks back. another question. the michigan governor is considering emergency manager tap run right shot over city council is really what we're talking about. the people who cannot seem to stop spending. will they accept that? >> you know, remember new york had to do that once. under receivership, so it may not be a bad idea. i interviewed about 18 months ago to two years ago, and the mayor of detroit, he was doing everything he can. i was very impressed with him as a mayor. the problem they face in detroit is how you managed incredible cost. you're talking about over half of the expenditure cost of cities, just the personnel costs, and they have on top of that the enormous amounts of money. there were saying, i'm paying for this is is that were made ten or 15 of 40 years ago, you know, i mean, that makes it almost impossible to manage. gerri: no economic base.
6:27 pm
there's just nothing left of the city. is a problem. >> it could come back. it could come back. he had a plan to do it. the problem is, when one-third of your budget is paying for people who are in retirement or not providing city services, not teachers, policemen, not fire fighters, the same thing in california. when i was asking these counties, they said to me you don't understand our problems. we are hiring three -- paying for three police services, to their retired one that is working. gerri: that is a good way to put it. that is exactly what is going on. you know, i just don't know how we get past that. we have to change the rules. nobody likes that. >> may be bankruptcy is the only way to do it. cities have the capacity. by the way, if you threaten bankruptcy the unions will become much more amenable to making deals because the bankruptcy -- the unions are very fearful of the bankruptcy option. gerri: they are fearful, and
6:28 pm
about paying there salaries to the they don't make as much money as they. and thank you for coming gun. always good to have you won. gerri: i lived in the house that solar panel in. i took a lot of cold showers in the morning. i have to tell you. gerri: it does not work. it does not work. all right. thank you. gerri: we will tell you more about the california nightmare tomorrow. our very own adam shapiro will be reporting from the state of the tax flight happening. all day on fox business. don't miss my interview tomorrow . a journalist and author of detroit, an american autopsy on what can be done for the motor city, if anything. coming up, the fight over what apple should do with its hoard of cash. it does not know what to do with it. we will tell them. next, just over 24 hours away from the so-called sequestered, but if history is our guide, it will be that bad.
6:29 pm
i will break it down. ♪ have given way to sleeping. tossing and turning where sleepless nights yield to restful sleep. and lunesta®(eszopiclone) can help you get there. like it has for so many people before. when taking lunesta, don't drive or operate machinery until you feel fully awake. walking, eating, driving, or engaging in other activities while asleep, without remembering it the next day, have been reported. lunesta should not be taken together with alcohol.
6:30 pm
abnormal behaviors may include aggressiveness, agitation, hallucinations, or confusion. in depressed patients, worsening of depression, including risk of suicide, may occur. alcohol may increase these risks. allergic reactions such as tongue or throat swelling occur rarely and may be fatal. side effects may include unpleasant taste, headache, dizziness, and morning drowsiness. ask your doctor if lunesta is right for you. then find out how to get lunesta for as low as fifteen dollars at lunesta.com. there's a land of restful sleep. we can help you go there on the wings of lunesta. otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, faraway places don't seem so...far away. ♪
6:31 pm
6:32 pm
♪ gerri: and telling you, you cannot turn on the tv without hearing news of the sequester. i know i hate the word. it is just cuts to spending levels planned by the federal government. conservatives and liberals alike are unhappy, but i think that is good news for taxpayers. here is what we're looking after march 1st if congress and the president don't agree on something else. you might think? in every and any thing. here is what is going to happen. federal spending will not be reduced. despite what you hear, there will be cuts to planned increases in spending, but the federal budget is going to grow. take a look at this graphic using cbo estimated spending levels of the next few years. federal spending drifting ever higher. even with the sequester and
6:33 pm
federal government, spending 15 billion more than it did last year. so, the question really is, whose fox is getting gored. the answer is clear cut defense spending will take the biggest hit. although, even their spending will be nearly 40% higher than into it does a seven. but, the partners to promote the president's party programs that the energy department is working to shed ton coal production and slow oil drilling is getting a big funding boost. deal refunding is up more than 43% in the last decade alone. look, the powers that be i telling you, we are in uncharted territory. the terrors of budget cutting are, well, it's terrible, but is not true. in today's new york times, not exactly a bastion of conservative thinking, the paper reported between 1969 and 1974 the government drop spending by 24%. 1/4. as the vietnam war was winding down, 24%.
6:34 pm
and phil gramm, former texas senator wrote in today's wall street journal back to 1985, a democratic house and republican senate and white house agreed on a sequester of across-the-board spending cuts that amounted to nearly four and a half percent on nondefense spending in 5% on defense spending. look, it's a day when we are talking about the spending slowdown of less than two and a half%. not even close to 1985 or the early 70's. look, we are going to survive. it is going to be okay. is that the end of western civilization. the only thing the might not survive is the reputation of saudi's hysterical politicos. with more on this republican congressman of utah. welcome back to the show. to see you. do you think that people have lost their minds? does the coverage -- it has been unbelievable. so disconnected from the real numbers. >> the president has been turning around the country campaigning that the sky is falling.
6:35 pm
homeland security taking an unprecedented move in releasing people that were incarcerated for being here illegally. you have ray lahood, the transportation secretary saying that we will have these long lines, the tsa. scaring people. gerri: don't already. i want you to respond to something that was said on cbs. apparently telling people a teacher's right to be losing their jobs. they would be -- they would be out of jobs by september and employment, because of sequester. and then he was pressed on this letter and said, you know, i don't really know. what does that tell you? >> the master race has been invoking a number of scare tactics that simply aren't true because, as you pointed out, if you look at the net spending by our federal government, it is a sense of the same as last year. back emmitt will go up a little bit. this rapid rise in mandatory spending for the entitlement programs. yes, there are cuts
6:36 pm
discretionary spending. the brunt of that is the defense sector. i voted against the sequestration. a terrible way to do it, but the idea that we are cutting spending around here, you would think that the earth is falling apart. no. we have to do this. gerri: i know. i have never seen such a crazy reaction, and i am laughing, but it is a relief on the the end of the davis is a think you're absolutely right. this would not be the preferred methodology. but look, at the end of the day if we cannot cut the budget now, will we ever make cuts? >> says the problem. says barack obama took office until now the president has added nearly 130,000 new additional federal workers to the federal payroll. so you go and you looked at, oh, my gosh. we have to get this back. look at the rapid growth of the 48 months preceding. that is what gets lost. gerri: the left is going to say we were bailing out of a dismal economic situation. that is their response.
6:37 pm
i have to get you to something else. what is going to happen? do we get some other kind of new plan on the table? did something happen on friday, thursday, friday, do receive anything new? >> the president has been the last couple of weeks trying to scare people. now he called the meeting and as for the speaker to get them to the white house on friday after this already gets invoked and where going back to our districts. so, i think the next thing that will come after this will be the continuing resolution that we discussed about how we fund the government to the end of september. and then the big thing that we really have to get is a budget. we have not had a budget passed out of the united states senate for like 1400 days. and so, if you don't have a budget is not going to solve the. gerri: people are over this. they want to see some resolution. they want you guys on the same page. i don't even want to say the word to cholesterol and a work because people hate to hear it so much.
6:38 pm
they want to see you guys find resolution. >> says. well, we believe that the president has said, we want a balanced approach. he got his tax increases. i sent to cut spending. some fiscal sanity. but we spend, as a federal government, about $10 billion a day. you just can't keep doing this in perpetuity and expect to have the results that we all deserve. gerri: what is wrong with your statement? fiscal sanity in congress in the same since. i don't know. congressman, thank you for calling gun. great to see it. >> thank you. gerri: well, a programming note, coming up tomorrow on monday at 5:00 p.m. eastern, melissa frances will have an exclusive interview with one of the biggest names in banking. this deal will weigh in on the latest shake-up of the financial and institution on his bus tour from austin, texas. again tomorrow at 5:00 p.m. right here on the fox business
6:39 pm
network. coming up, my "2 cents more" on tempting fate. next, should apple's share the wealth? that is one want shareholder is calling for. the latest from big meeting after the break. ♪ [ lorenzo ] i'm lorenzo. i work for 47 different companies. well, technically i work for one. that company, the united stes postal service® works for thousands of home businesses. because at usps.com® you can pay, pnt and have your packages picked up for free. i can even drop off free boxes. i wear a lot of hats. well, technically i wear one. the u.s. postal service®, no business o small.
6:40 pm
6:41 pm
6:42 pm
ah. 4g, huh? verizon 4g lte. 700 megahertz spectrum, end-to-end, pure lte build. the most consistent speeds indoors or out. and, obviously, astonishing throughput. obviously... you know how fast our home wifi is? yeah. this is basically just asast. oh. and verizon's got more fast lte coverage than all other networks combined. it's better. yes. oh, why didn't you just say that? huh-- what is he doing? ♪ gerri: happy retirement date. a huge market rally on wall street with stocks closing sharply higher for the second day things to new evidence of the housing market comeback. the number of americans who signed contracts to buy homes jumped in january to is level in three years. the dow closing up 175 points, highest of the year, up nearly
6:43 pm
300. that puts the index within 100 points of its record high in october of 2007. and on to apple. it has been a roller-coaster ride for shareholders. a big meeting with the stock down nearly 40% from all-time highs back in september. back then the stock was $705 per share. ceo tim cook address the debt companies taking stock saying, he is not happy with that either. will that force and to test the 137 million in cash to comes to tough company is currently sitting on. joining me now, president of capital management. i want to get your reaction to this because he had something very interesting to say. he said, you know, don't worry about the stock price right now because i am focused on the long term. what do you make of that? >> i think that is a mistake and is part. shareholders i focused on one thing, and that is the price of the stock. it is without a doubt underr3
6:44 pm
pressure. you said the dow was their all-time high in apple's stock is down from 700 to under 450 right now. i don't think he should jewish target of so easily. gerri: it is interesting. we say that we want them to focus on long-term. someone says that publicly and now we are all angry. i thought it was funny for him to actually admitted. less talk about this cash pile that apple is sitting on the, some hundred and 37 billion. calls for apple to share this with shareholders. you don't like that idea. why? >> it is not the biggest deals. if you give out a big dividend, the price of a stock will go down by as much as you are going to give out. it is not a big deal. if you buy back stocks and they go lower canadians of being a bad investment, so i am not sure there is any greater idea right now. a lot of people that are upset. gerri: come on. what is wrong with a shareholder dividend. you could make the argument here
6:45 pm
that apple is really out of new ideas. a talking about a watch, what wall will that be? a souped up zone on your wrist. i don't see anything ground-breaking about that. they're out the -- out of ideas designed to share the wealth. >> my main point is sharing the wealth will not change the most important part of apple right now, and that is growth is slowing, and you said it best. the ipod, iphone, ipad. i don't know what is next. rumors about a wristwatch. tv. that has been talked about for ten years. the biggest problem as last quarter earnings were flat. this quarter's earnings from estimates are to be down 20%. and with my eyes when i go into stores right now, without a doubt traffic is down from a year ago. gerri: microsoft stores are doing the same thing. microsoft is doing the same thing. let me give you to react step higher "from jim cut. we had the mother of all years. >> well, they have had a big
6:46 pm
number as far s revenue growth, but the bottom line behind a stock price going higher is the ability to grow earnings and revenues and accelerate the numbers. they have been decelerating. year-ago earnings were up 90%. last quarter flat. that is a big negative, and when you're the most over owns stock in history and your numbers are heading south, there's only one thing left to do, and that is selling. mr. cut should start thinking clearly. shareholders are battering, and if the stock keeps going down, they're going to keep selling. gerri: i guess we will wait and see. interesting to see if it can be anything but this news there. thank you. >> my pleasure. thank you. gerri: meanwhile, beer lovers are up in arms. a critically important story, suing anheuser-busch accruing -- accusing the brewer of watering down its beer. they claim consumers had been cheated at of the alcohol content stated on the labels in their seeking millions of
6:47 pm
dollars in damages. a vice-president at the company says, our beer is in compliance with all alcohol labeling laws. it sounds like it might be true. we will see what happens. i would be angry, so we're looking at the top five that the lowest alcohol content of labeled non-alcoholic or low in alcohol. number five, mgd64, miller genuine draft. of the music. the 64-calorie beer only has three carbs and is on the 2% -- just under 3 percent alcohol. number four, this danish beer has only ten cars and is only just over two and a half% alcohol. len demint, a peach flavor belgian group and only as two and a half% alcohol content. number two, contrary to popular opinion, not all canadian beer is a red top. just under two and a half percent of all content, and the number one beer with the lowest alcohol content is this, but select 55 from anheuser-busch.
6:48 pm
55 calories and only two cards and not much alcohol at all. the beer with is and alcohol is door spock, 43. you might want to write it down. bavarian beer. 43 percent of all. a while. i don't know if i could handle that. coming up next, when budgets start driving across the country veterans are being forced to turn to charities for help. we will explain. an important day in business history thanks to a new innovation. you no longer have to sit in pain. details coming up. ♪
6:49 pm
gerri: of uncle sam's budget woes forcing countless veteran sick of charities for support. how ccn you help? in two minutes.
6:50 pm
6:51 pm
6:52 pm
♪ gerri: brave men and women returning home facing countless challenges and hardships and not turning to charities. joining me now, president and founder of given an hour, a nonprofit group offering free counseling to post september 11th veterans, military members, and their families. tell us more about your nonprofit and the work you do. >> short. thank you for covering this important topic. given a was a nonprofit organization that was found is just about eight years ago to provide free mental-health care to returning troops, families, and communities. so far we now have 7,000 common just about seven dozen mental health professionals all over the country provide free mental-health care and have now given well over 80,000 hours of
6:53 pm
care to those who serve there families and their communities. gerri: this is amazing because this is voluntary. these people are doing is out of the kindness of they're art, doing it for free. part of the biggest problems with these returning veterans? >> well, is important. most to come home, all they want and what their families want is to continue leading productive, meaningful lives, and many of them, that is exactly what they will do. but a significant number of our service members will come home with understandable challenges as a result of their service. so it is a continual. some may come home -- go ahead. gerri: go right ahead. some may come on with what? >> posttraumatic stress, others with dramatic rangers, but other it will be more reintegration struggles, relationship problems gerri: a range of things. it is really a range of things. i have the facts here. the department of veterans affairs is treated some 866,000
6:54 pm
of the over one half million new have returned. that is a lot, but the really cannot handle it all, can the? >> no, they cannot. even if they want to, they're not in every community, not and many other rural communities the veterans go home to. gerri: you know, is amazing to me to see the problems. in your effort is amazing. how can people up with your cost? >> they can go to our website. and they can help and a number of ways. obviously if there are a mental-health professional we wanted to join our network. they know a service member, house for the word. they want to donate to help us provide this service, they can do it easily on that website. they can learn a lot about the issues that affect these men and women that most civilians don't really understand and frankly don't take the time to learn. gerri: one fact that we have here. 50,000 veterans diagnosed with post-traumatic stress disorder. 1804 diagnosed each day.
6:55 pm
it is unbelievable. your work is terrific. thank you for coming on the show. appreciate your time. thank you. >> thank you so much. gerri: well, on to this day in history. if you have a headache, muscle late, no problem. it was on this business state that aspirin was patented of working for a german company. originally made from a chemical found in the bark and leaves of willow trees, sold as a power. by 1915 the first tablets were made and sold without a prescription. today the most common drug and household medicine cabinets because of its anti clotting effect in blood. also used to guard against strokes and heart attacks. with an annual revenue of more than $1 billion, more than 100 million tablets are consumed every year. the most notable competitor, motrin, tylenol, and believe. patton did on february the 27th 113 years ago today. we will be right back with my "2
6:56 pm
cents more" and the answer to our question of the day. obamacare forcing employers to invade our privacy? ♪
6:57 pm
6:58 pm
6:59 pm
gerri: in the report shows are to save money under obamacare, players looking to employees medical data and financial data and in some cases making them change how they live like losing weight and quitting smoking. is obamacare forcing employers to invade your privacy? 97% of you said yes, 3% said no. log onto gerriwillis.com for our online question every weekday. here are some of your e-mails. the biggest problem with the post office as politicians. we have post offices and shopping centers with one man operating it and all he does is sell stamps. larger offices a couple of miles

86 Views

info Stream Only

Uploaded by TV Archive on