tv The Willis Report FOX Business April 14, 2013 4:00am-5:00am EDT
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you can hear us online by clicking the live button on my website. every weekday from 3-to 6:00 eastern. meantime, another great tv show for you next week right here on don't miss that on monday. have a great weekend. we'll see back here on monday. gerri: hello, everybody, i am gerri willis. tonight on "the willis report", budget cuts could allow criminals to go free. why is the justice department spending millions of dollars helping hollywood write scripts? also come a new survey says eight even 10 workers are stressed on the job. we will tell you how to cope. and with the golf masters championship in full swing, we will bring you the latest coverage and even some fashion tips. we are on the case next on "the willis report."
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gerri: wait until you hear tonight's top story. why is the fbi spending millions of our taxpayer dollars helping hollywood write scripts? it sounds ridiculous because it is ridiculous. especially when you consider the justice department is warning that budget cuts will wreak havoc across america. if that is the case, why are fbi agents playing the part of producers? let's bring in time, the president of citizens against government waste. all right, tom, take a look at these numbers. they are spending $1.5 million a year. why is that? >> this started back in the 1930s when james cagney was preparing an fbi agent. then there was not a lot of
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public information about how fbi agents were doing their jobs. eighty-three years later, there is planning a public information available. >> this is from the fbi website. they say that we can help. if you are a writer or an author or a producer that wants to feature the fbi, we may be able to work with you to create an accurate portrayal of the bureau. at the end of the day, what this means is pr. pr for the fbi. frankly, i don't care whether the fbi is well portrayed in movies are not. >> producers make a decision whether they want to trade him accurately or not, even if they do come in and tell them what the information is all about. it is all available. the movies have been made about this for many years. if someone wants to find out, they don't need to have an fbi agent take time away from more important activities.
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gerri: they even run writer workshops. this program is very well developed. your taxpayer dollars at work. but it really brings into sharp focus with the attorney general, eric holder, had to say recently about the cuts. the pullback that the justice department was going to have to make. >> as we speak, these cuts will have a significant negative impact not just on department employees that those that could directly impact the safety of americans across the country. the capacity to respond to crimes and investigate wrongdoing has been reduced. gerri: isn't just a little bit hypocritical? we are going to slow down our effort to stop crime. and we are all too happy to help if there's a movie out there. >> it's not hypercritical but a hyperbole. criminals are being led out on
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the street. if the justice department on ahead, they could've found plenty of money to cut this instead of talking about these very important functions. gerri: to gao came out with a report. let me show you some of the other ways in the justice department. tom, i know you're already familiar with this. fifty-six of the dot grants are more than 20% of grant funds for victim assistance and related research. so money that is spent, and also duplicated, nobody is paying attention. how is this possible, and why does this continue, particularly when we are facing such a huge deficit and are spending debt is $63. >> $33 billion since 2005. a lot of money. of course, the overlap is obvious when you have 56 programs for victims assistance.
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the justice department claims they were all a little bit different. the gao issued a report in july of last year. updated at it just this week. they said the justice department has started to look at us. gerri: starting to look at it -- it's their department. normal organization would tolerate this duplication. tom, thank you for coming in tonight. an important story, i'm so glad we told people about it. gerri: now we want to know what you think. should the department of justice catch criminals or help hollywood? log onto gerriwillis.com and vote on the left-hand side of the screen and we will show you the results at the end of the show. and the department of justice may not be stressing about how they are handling their jobs, but that is not the case for
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most americans. according to a new survey, more americans are stressed out about work now than they were last year. with us now is dr. keith ablow. thank you for coming on the show tonight. >> thank you for having me speak on these numbers are worse than last year. what's going on? >> i think what is going on is the increasing degree to which people are running their lives while running their work lives. so that multitasking is rampant in the workplace. there is no downtown from your social life. there is no downtime from your work life. burning the candle at four and is taking a toll. gerri: you're absolutely right. with blackberry and ipad, is it possible to turn off? should people be more disciplined about not -- without having a day when they are not
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on these electronic devices? >> it would be so important and so healing if people were to do that. but we are addicted to these things. folks take these things to the restroom with them. they go back to their desks to get a blackberry or an iphone, even if they are going to the washroom. that is one problem. the second thing is when you are at work, there is downsizing going on. the economy is in a rut. when you are at work, you are communicating with other people. these folks are not so much connected to you as they are to technology. so those moments when you get some kind of camaraderie, it's tougher to come by when people are mostly having to moderate with a computer screen and. gerri: from what i have read, people are not working together that much in the workplace. you mentioned that people take their blackberries to the bathroom -- i know a woman who
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took her blackberry into surgery. she was having surgery performed and she took her blackberry due to special permission. that way she wouldn't miss anything important. the thing in the work environment is that if you miscommunication, you'll be thought less. the other thing is less pay. so people are very worried about will the money stretch, can i get more money. how do you cope with that stress? >> well, the way to cope with the stress is create some space in your life. that way when you show strength ,-com,-com ma by saying i'm going to put the technology aside, i'm going to walk my dog. i'm going to spend some time with my child or to go to the gym. you declare yourself larger than the stresses and your whole being is listening to that. so that is one way to do that. it's a very powerful way to do that.
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the second way is to have a longer view in terms of what am i really looking to do in terms of saving and the achievements i would like to have to invest in whatever education that you want. so what about you becoming more complete as an individual rather than being tapped out by all of the things that will drive you down if you let them. i'm not by now the technology is there, kind of like a reverse iv. taking the blood out of you if you let it be one that is really smart. i have to ask you before you go, i think this is really impacting people's relationships. not just with their coworkers, but with families. what you say about that? >> teenagers coming to my practice for therapy, they text and they take these things to bed with them. watching a movie with her kids, but they are taxing the whole
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time. listen, that is dramatically stressful, but also we shouldn't forget that people are advocating responsibility and people know that the economy is not being attended to if you don't think the massive debt weighs on people in the workplace, it dies. gerri: thank you so much. we appreciate your time. >> thank you. gerri: bringing you the latest developments to a story that we have been covering. a federal judge has blocked a 20 million-dollar exit package for american airline tom portman. horton argued that he was not subject to those limits because he had been paid by the parent
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$5.5 million mostly from president obama spoke. an adjusted gross income of $608,000. an effective tax rate of 18.4%. democrats made expects the tax rate a central issue musters election. highlighting mitt romney's 14.1%. and citing warren buffett who said that he pays a lower effective rate than his secretary. the white house has proposed a minimum effective tax. the buffett tax for those earning more than a million dollars. president obama and mitt romney are playing a lower tax rate. ronnie and buffett paid a lower capital gains rate. the president lowers his tax burden, taking advantage of deductions. a quarter of his income goes to charity. he deducted $45,000 worth of interest payments and 519-dollar
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deduction for office expenses among others. president obama in the white house say they want the president to pay more in taxes, which is thoroughly outlined in his budget proposal. gerri: what were history of other nations like? >> the biden's made $385,000. charity would be seven grand. gerri: okay, thank you, rich. have a great weekend. in another story we have been following, mother nature causing major damage across the country over the last few days. a storm brought down trees and power lines across the southeast. as much of the midwest got dumped on with snow and ice. it has left three people dead in missouri, nebraska, mississippi,
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where a trickster touchdown, causing major damage is in power outages. the storm is now moving at the east coast from georgia to new york and out to new england. with more americans facing storms this week, more and more of us are suffering damage to homes. many will get a surprise when they conduct their insurer. policies are covering us. ensures our scaling back. coverage of water damage in particular, have gotten less generous ever since a 2001 texas lawsuit filed by a homeowner whose house was ravaged by mold and 30million-dollar award was won. although the report was later reduced, insurers are less generous when it comes to water damage. it can cost much more to repair than newer ones. and if you live in a coastal area, beware of a national flood insurance policy. it may not cover all your damage. the solution to these problems,
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read the fine print. opt for extra coverage would make sense. most insurers will cover sewage or drainage backups if you have a sump pump. and consider installing a wireless water alarm goes out every time you have a leak. it is a cheap price to pay for peace of mind. if you own an older home, you could want extra coverage since rebuilding would require your home to be brought up to code. there is no great solution for homes in coastal areas. be smart and avoid finishing your basement and remove valuables before a big storm hits. cold comfort for people out there when people have trouble with their houses. but next, coverage of our favorite sporting event of the year. the super bowl. later in the show, i will be joined by a golfer that went to school, tiger woods. the inside scoop on his return to the top.
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as we and the second day, the youngest golfer ever, a 14-year-old from china in the masters. will he make the cut? that is the big thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it.
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pga, joining me now, matt adams. he is the studio host of this week's masters coverage. he is named one of the most powerful people in golf for 12 years running. welcome to you both. matt, i will go to you first. so excited to watch the coverage. tell us about who you think has an advantage now. >> it goes without saying that the advantage has to go to tiger woods. as we speak, he is tied for the lead at five under par. so the favorite for right now has to be tiger woods. gerri: a lot of people are watching him with a ton of pressure. jack nicklaus thinks that tiger will break his career record and he welcomes it.
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steve, what does tiger mean about where he brings for golf in the industry payment. >> it is hard to underestimate. the ratings go up at least twofold over other pga tour event. same is true of others. the biggest part that makes them so compelling and so important to our industry is that he brings in a casualty that doesn't follow golf otherwise pretty transcends the sport and brings us to a demographic that we don't otherwise reach. gerri: we look at the 14-year-old from china. will he make the cut, and what do you think of fred couples today? is looking pretty good as well. >> yet somehow tapped into the view of being tied for the lead.
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so far it doesn't seem to be a problem. guan tianlang is another story. he was warned multiple times before the penalty was assessed. but it was assessed on the left. he now stands at four over par for the golf tournament. he is right on the cusp of possibly missing the cup and i think it's a tragic story all around. if he ends up missing it, i really don't think from a pr perspective there is any way for a gussets when this one. gerri: that is too bad. everyone is watching him, he is so young. on that first day he was so poised, such a wonderful story. let's go to the flipside of that. that is the money side of the story. a lot of people underestimate the impact of golf on our economy and communities in particular. so much good work that golf that is. people will talk about all the money the players are making.
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tell us about communities that are benefiting from the sport as well. >> absolutely. golf generates almost $69 billion a year for the u.s. economy. it employs close to 2 million americans. it is larger than the spectator sports industry and the performing arts industry. a lot of people don't understand it that way. they tend to think of it is a small industry. in addition to that, golf does for terri what no other sport that i'm familiar with does. that is a generates almost $4 billion a year in charitable giving. that comes mostly from about 12,000 golf facilities running charitable event each year. the best thing about it is that money in almost all cases, it supports the local humane society. golfers are very turbo people. and provide tremendous benefits for the community's the one i
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have read that the pga goes to great length and its organizational structure is based around charitable giving. what do you say? >> all of the events that conduct pga tour events are charity related and they are set up so that all the dollars that are ready go back in to local charitable assets. charity is at the heart of the 200 and it always has been rated in another year or so, they will have generated about $2 billion for charity. that is what it's all about is helping others in the sports week in and week out. gerri: there could works and good games. only what you are thinking about the weekend coming. watching saturday and sunday, will the leaderboard change, who is going to be at the top? what you say? >> i think tiger woods is the
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favorite. he is showing all the signs of multiple wins already this season. he is ready to win major championships again. gerri: let me ask you this. so yesterday, apparently, tiger woods said something he shouldn't have in front of an open mic. and very frustrated with his play. you see tiger, you see two sides of him. will we see the winning side? will that a merger today and tomorrow and sunday? >> i think they're both the same coin. tiger woods gets frustrated he likes to purge the frustration. that is were you here the expression of frustration. i think the real question is is he mentally ready to compete.
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so far this season he has shown us that he is. gerri: will he be competitive and really show his stuff? >> i think he had not brought the a game that he was hoping for. people that are currently not in the lead, you would say that they could be by the end of sunday afternoon, i would look at we westward and worry mcelroy who fought back to get to two under par there is still a lot of golf to be played. gerri: thank you both for coming. we really appreciate your time today. as i have said, the whole world will be watching. >> thank you. >> you are welcome. gerri: coming up i show you how i played game of golf. and how to look good while doing it. more on round two of the masters and i am joined by one who knows as much about tiger woods as the
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>> from the fox business studios in new york, here is gerri willis. gerri: tonight we have special coverage on golf. his weekends weekend's master tournament, all eyes on tiger woods. the 77 masters golf tournament is well underway. and woods is doing a darn good job. earlier today i spoke with a four-time winner of the pga. he is also a longtime friend of
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tiger. and i asked him how tiger has changed over the years. >> is the same guy behind the scenes. we still spend a lot of time together. i recently spent a few days with him. it is just like old college times except for we have more money in our pockets and we live in bigger places. but for the most part, we reminisced about her college days and our professional days, the we are very appreciative and it has led to many things for me now. i am covering golf, which is a new perspective, but we have stayed close. gerri: a lot of pressure on him. the first round was a bit of a challenge. he said he was happy with his performance. do you think that he wanted to perform even better on that first day? >> i think the first date at a major championship, especially where tiger knows the course, he
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has played 19 times, guys like phil mickelson have played 21 times. they know what to expect. so he wanted to go out and not shoot himself in the foot. he didn't need to shoot himself out of it. i think he likes the position that he's in, moving up the leaderboard. the scores are going to be as low, so that favors experienced players. >> he builds up to it. but i have to tell you yesterday that they caught him on air saying something that you normally don't say on the tv. does that surprise you? he apparently has quite a reputation. >> of all all the good things the tiger dies in the game of golf, that is certainly one of the things that he is not very proud of.
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it does set a bad example for the younger players that are in the game. i know it's something that he is trying to address. those old habits that you pick up are definitely hard to break. that is one of them's the one i'm looking at the bad part now. let's talk about the tiger that everybody wants to see. there's there is so much pressure on him to perform really well, he has won three tournaments already this year. everyone is looking for him to break this, come out and win a major. what would it mean for golf and what would mean for tiger if you were to take this tournament? >> it would be the most pga tournament when in a particular category.
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he did have the a number one ranking in the world a couple weeks ago, he's been playing the best golf of anybody this year. i think it would do so much for our game in terms of increasing, allowing people to sell more magazines and equipment. the economic impact is extraordinary. when he played the masters before the scandal broke out, people were wondering why would the chamber and comments invest $2 million to have him come down here and joy. well, they sold more than a hundred thousand tickets in every restaurant was busy and every hotel was sold out. the impact of him playing down it was between 15 and $20 million. gerri: there is a measured economic impact as well. it is just impressive.
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people want to see him play. let's talk about the rest of this for just a second. we have a 14-year-old. >> it would be great for him to make the cut. he has been such a breath of fresh air. he is not a very long hitter. he has a lot of things working against him. he certainly has shown the skills. >> to be like? >> well, aside from tiger, you have to look at long hitter's. fred couples, worry mcelroy,
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they have kept themselves in in the game. you talk about the intrigue of the masters this year. it does center around tiger woods and you also have to look at phil mickelson who had a record-setting performance, showing signs of improving game and finding that old form. those things culminated in people just wanting to be here. this is the place to be in sports this week. people wanted to see history made. they wanted to see if he could win or get beat. i think the players like that. gerri: thank you for coming on. it is great to meet you. i will be watching every minute of the coverage. have a great weekend. gerri: well, taking a look at the leaderboard right now, fred
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couples and mark -- marc leishman tide. angel cabrera, jim furyk and brant schneider offers going for the green jacket. one of the top favorites, worry mcelroy. he earned a lot of money and only part of it from endorsements. and number four is jack nicklaus. the thinking goes for number three, arnold palmer. number two is one of the most
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beloved names in sports. and phil mickelson is number two. and the number one golfer is tiger woods. tiger is the third highest paid athlete. i respect what they do. when we come back, how you can stop wasting food and we go into the greatest of golf coverage. i will show you my swing. coming up next
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gerri: if you watch the show at all, you know that i love golf. we can come to the golf smith to get get outfitted for new closer in clubs and swing practice in. >> okay here we go. gerri: outfit number one. i like peach. but that's a lot of peach. we have a winner here. pink and gray, very nice. i'm here with karen and we are talking about women's golf. it used to be that you can find
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anything pretty. what is hot this year? >> we are looking for vibrant colors, blues and pinks and greens. they want to be seen on the course. >> i love that. they want to be seen, lots of plaid pants, and vibrant colors. they are right there with us. gerri: thank you, karen. all right, let's go find a club.
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>> we have the compass but it just is this adjustment. >> okay, let's do that. >> you want to extend a little bit further away. the weight is a little bit more. there you go. there you go. >> okay, what would cause this? >> you're coming little over the top, going to the right. >> thank you so much for helping me out. i appreciate
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gerri: here's something to chew on we throw out so much food every year. here on ways to prevent food waste, the natural resources defense council. thank you for coming on the show. >> across our country we are not getting 40% of all the food that we have. gerri: why are we wasting more and more every year? >> you know, it is everything from things going bad in our fridge and huge portions that we see at restaurants. it even goes all the way back to the funds.
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gerri: it's interesting because i do find that we have policing that. bowles and saucers and cups now are all oversized. oversized portions. >> just come our portions have grown. the average cookie is four times the size of what was back in the 80s. gerri: you naturally put more food on your plate with you either do not. >> that is right.
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gerri: what gets wasted the most? i'm thinking broccoli. [laughter] >> i think a lot of the greens certainly go to waste. it is actually equivalent to throwing out a 90 minute showers where the water. gerri: we have to buy what we need. what else would you say? >> i think there is some easy steps. we need to understand when food actually goes back. many people think that the dates
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on food our safety gates. but they are not federally regulated. gerri: thank you for coming on. we appreciate your time. well, time for the stay in business. it was on this day back in 1981 that the space shuttle columbia launched from cape canaveral, florida. it was the first reusable manned spacecraft to travel into space. it is piloted by astronauts astronauts in orbit the earth 36 times. it went on to complete 28 missions, and over the course of
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its life, colombia spent 300 days in space. orbit the earth more than 4000 times and traveled more than 125 million miles. it was a workhorse for nasa until 2003. seven crew members were tragically lost over texas. what a tragic story. the columbia was launched april 12, 32 years ago today. we will be right back with my "two cents more" in her into the question of the day. should the doj catch criminals in hollywood?
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thank you orville and wilbur... ...amelia... neil and buzz: for teaching us ththat you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it.
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we ask this on gerriwillis.com. 100 percent said catch criminals. no one said hollywood because they don't need it. be sure to log on to gerriwillis.com for online question every weekday. that's just crazy. finally tonight, i want you last night, taking a cruise means risking disease and felt the conditions. more evidence of that theory today. the carnival fascination and failed in its health inspection. and according to reports the cdc found roaches and flies on the ship as well as dried food waste all over. that's not all. the polls were not chlorinated, let's around, knows these yield. the inspection came less than two weeks after the carnival triumph was stranded at sea for today's. the nearly 3,000 passengers on board were forced to endure awful conditions. that fascination and the triumph. the problem is the names are getting -- setting unrealistic expectations. they should be r
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