the latest on the president's pitch for jobs and we said texas would be front and center in what it does right gets the attention from the president of united states. gerri: hello, everybody. tonight, on "the willis report," new controversy tonight about president obama's latest picks for top government positions. what is the white house thinking? also, is your smat phone smarter that your doctors? getting a physical from the phone may be a reality. we'll tell you how to do that, and looking for a loan? how about one from google? we're on the case tonight on "the willis report." ♪ ♪ first, tonight's top story, good

another all-time record high for the broader market today. the s&p 500 hit an all-time high. while we enjoy the recent gains, easy to forget uneasy realities. for example, three years since the flash crash, an event that destabilized the market, and since th, nothing done to fix the underlying problem, and some say it's gotten worse. what's an inveor to do? with us, frank, the president and ceo of plan financial services and martin, the cio and portfolio manager. martin, starting with you, on set here with me. talk to me about the markets. you know, we saw the s&p 500 in a new high, but when will they run out of gas? >> good question. could go for awhile, b i guess the best way for us to frame it is with respect to what's going on, and that is this fact that cost of money is phony, and that is trading the roving bubbles.

first, gold, gold peaked out at 19 months ago at 1900, and then the, ofcourse, bonds never been more expensive. interest rates are low, and what's happening is investors seeking yield have my grated towards stocks. it's bid up. gerri: confusing world, a new world. martin, to you -- sorry, frank, to you. martin mntioned the idea that bonds may be in a bubble. are you concerned about them? whicmarket do you like better? stocks or bonds right now? >> well, compared to the two, stocks offer more opportunity and security than fixed interest rkets with interest rates low, people are driving to the area to invest, but with the interest rates, eventually going to rise, i think that's -- on any long term bond, you'll expose yourself to interest rate risks. gerri: people are worried about that. martin, to you. i mentioned the flash crash in the introduction of the segment. you know, nothing's changed

there. still all of the black pools, anything could be happening that -- individual investors know nothing about. does it concern you, what do you tell your clients about this? >> well, it's in everyone's interest for the market to be healthy at all time,s and, certainly, people who speculate in the markets, who buy because they are up and sell things because they are down, traders, it's a real concern for them. for us, it's noto much of a concern because we, first of all, look at the cash flow stocks are generating, and liquidity for us is secondary. if you -- but it is a concern, and i think individual investors really have to be awareof that. you don't want to sell your stocks in a declining market. you -- if -- gerri: don't have that problem right now. >> exactly. gerri: frank, to you, comment somethin said on our show last week expressing concerns over the safety and security of the markets. listen to this. >> the structure of the markets

in this country is upside down. >> how so? >> more than 60% of what happens each day happens in dark pools and in -- i call them onds, that no one can swim in. that's wrong. gerri: we could have a flash crash y time at all, what do you mean by that? frank? >> oh, sorry. well, we don't think that, you know, with the likelihood of a flash cra occurring at any point, i think investors have to be focused on the day-to-day wh's happening in the market place and impact on the portfolio. much of what happens in the dark pools are more institution to institution, and impact people that are really daily trading and on a technical basis. >> you know, martin, we talked about this new product out there, getting 5 lot of ink in the "wall reet journal" today, fine maturity etfs: bond funds that don't act like funds, but like bonds. is that a welcomed edition, something you have any interest

in the for the clients? >> i really don't ecause the 10-year rate is less than 2%, so you tie the money up for 2% is not attractive. >> okay. talk about do it yourself investing, diy investing. a lot of people out there expected during the meltdown that individual investors would decide, hey, i'm beginning to get professional advice, didn't happen. look at the numbers. the growth in the people using adviser, 9%, the growth of people doing their own investok at the years, 2008-2011, frank, to you, is it surprising? are people making the right choice? >> well, obviously, as a professional adviser, people should seek professional help, but you'll have those that feel the home depot approach is the better way to go, but ooking at professional advisers, ag seases to information and approaches things in the unbiased manner, people benefit from clarity of what's going on in the market as

well as tieing that into the financial picture they are trying t develop for the family. gerri: martin, it speaks to the fact that people are still untrusting of the markets and untrusting of anybody they think is associated with the markets. we just had a survey last week from bankrate.com showing 76% of folks don't want to invest in stocks, even now after the incredible run up. how long does it tae for the confidence to come back? you expect tosee that confidence come back? >> drives to the heart of the paradox of investing, and that is when things seem riskyist is when they are least risk. price is the most important determinant. in 2009, after the real estte crash and crash of 2000 and crash again in 2009, 2008, things looked scary, and now they look better back to the levels of 2007, but -- gerri: i got to interrupt here, martin. people focused on prices, the prices of the asets they owned,

not the market levels. what happened to the house price, what happened to the 401(k), and it was hard to be anything but truly disturbed. >> and are still afraid, and the statistic drives to the point that advisers tend to dod wrog things at the wrong time as well, and -- gerri: human too. >> and it's like any other profession. there's only certain percentage of those who are really, really confident, and -- gerri: you really got it -- >> as a profession, we improved our worth to the average person. gerri: well, you know, some people are good; some are not. like anything else in any other profession. frapping, martin, thank you, great job to both of you. appreciate your time. all right, the markets and corporate profits might be hitting record highs, but thatted good fortune is not reaching the average working american. hourly wages picking up four crepts in april to an average 23.87, up 2% since the recovery

in 2009, but when ajusted for inflion, well, wages are flat. the average worker who earned $49,000 at the end of 2009 is earning 545 less now before taxes and deductions. there is a bright spot. according to the federal reserve, the share of income americans use to pay off debt is 10%. that is the lowest level since the government began tracking the data in 1980 #. more to come in the hour, just getting started, a busy night here, including you can use your smart phone to bank, communicate, edit videos, and now test your blood pressure. how smart phone physicals are becoming possible, and, nest, are they stuck on stupid in shington? president obama's latest pics for cabinet positions, well, they learned nothing from past mistakes. ♪

gear gar president obama's binet filling up, but the latest picks are ticking off wall street and main street and raising alarms that failed policies are coming back. with more on this, fox news digital politics editor. chris, thank you for being on the show. i was blown away by this, really? i mean, superior bank was such a mess. read you what the fdic had to say about this. the failure of superior bank, a bank that they were heavily involved was was attributable to the board of dectors and executive management ignoring sound, risk, diversification principles by excessive concentrations in assets related to sub prime lending. it seems to me we're loading up the cabinet here with people who would take us back to the future, back to the problems

that got us into such an economic mess. >> well, now, you know how things go here. it's not been so long since your last visit that you know how things go here. gerri: not well from what i remember. >> not well. gerri: that's what i remember. >> other than in the bureau, we treat you well and hope you come back soon, but those guys, yeah, a little difficulty, and the truth is, if there is -- if there is thee most important political patron for president obama, it's penny. there's a lot of p's, but the truth is that she launched him, made him that fortune, created the possibility of a national political career for president obama. it doesn't matter what she did. if she wants a cabinet position, she's going to have it position because there's little he could deny her seeing what she did for him. gerri: wow. that's depressing. >> oh, ha-ha! gerri: the failure of superior

cost the federal government and taxpayers as a result $300 million. we ponied up 300 million, the depositors at the bank are still owed $15 million. you know, i -- she has clearly paid an important role in the president's election in getting him into office. do you think this nomination is going go through? what is going to happen with this? >> sure. that's not a position that anybody gets too worked up about down here. in a noncensus yearings it's, you know, make sure the national oceanianic grphic administrative is running smoothly, get a nation stationery, a press conference and do things, but it's not a position anybody gets excited about, other than the president's allies in the labor movement. they do not like the pick one bit. they are crabby with him in neral because he's promised over the last four years, now

five years, a lot, not delivered much, and he blames republicans for a lot of that, but picking penny, whose family and the hotel chain had problems with unions, making these folks crabby at the moment the president needs to lead on immigration. gerri: mel watts, looks to be tapped to run the fhfa, the folks who regulate fannie mae and freddie mack. the question there is he thinks more people should be homeowners, need more homeowners in america, and this seems to be the policy that brought the mortgage meltdown. what do you think? >> well, this is dicier for the president. the thing about this job, you sait's a regulated, but it functioned like a receiver that these -- gerri: well, now, yeah. >> well, he's like these companies are in receivership from the federal governme, and the guy in there now, r. demarco, restored these to fiscal health producing money, paying back what they owe --

they owe a lot -- but paying back what they oh. mr. watt would be a back to the future thing wre you go back to these entities as agents for social change, agents for helping people who otherwise couldn't get loans, to get loans, and mr. watt, who has been a long proponent of that face serious, serious flak when he gets to the senate, not just from republicans, but some fiscally sound democrats interested in spinning them off the books than deepening the relationship. gerri: interesting to see if that happens, spin it off the books. i don't know about that. chris, thanks, always a pleasure to see you. thanks so much. >> any time, happy to help. gerri: thank you, later in the show, taxpayers pushes tesla into the black, no kidding, i know you're shocked. not getting the credit. how do you do that? how yoursmart phone may replace your doctor. stay with us. ♪

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gerri: the cough a cold or something else? more people are turning to smart phone apps to answer health questions, and the fda predicts 500 million smart phone users, worldwide, will be using some

type of helth app in t ext two years. how do you do that? joining me, the director of the cardiac diagnose cementer. thank you for coming on. >> thank you. gerri: i was shocked, but you said you look some of the apps that make sense to you. tell me about that. i was surprised. >> well, one of the apps is for an ecg. a typical patient example. patient has pallations, occurs once every week, how do you check that out? one of the ways is to put a 24 hour heart monitor on. if it doesn't catch it, you miss it. if there's an app and device with the smart phone, put it on, check their ekg and see if it's dangerous. gerri: it works? >> thee's potential, not quite there yet. gerri: amazing. thars the live ecg. they are on the web. talk about the blood pressure app. i would think this is a great thing to happen.

how's it work? >> you attach a cuff that's attached to the smart phone, and it checks your blood pressure, which you do now at home with a regular cuff, but this charts your pressure, send immediately to the doctor by over the internet or by wifi, and it keeps a good way of seeing how you are doing, all during the day as far as the blood pressure goes. gerri: you don't have to be in the doctor's office to do them so there's a sense of what the body is doing all the time, and you don't rely. >> if you want to check it blood pressure, it then and there and see how it affects your blood pressure. gerri: the diabetes tracker. >> it's interesting, checks your blood glucose, take a stick, put it in there, and type in how many carbs you eat and calculates th insulin dose, sends it to the doctor, and to the hospital, wherever wow want it to go. gerri: that's cool.

with ciebts, there's spikes in sugar, and it's not going to happen when you schedule a visit with a doctor, unlikely. there's the eye examiner, an eye exam looks into the eye. what do you think of that? >> i like that. there's app eye examer that gets a picture of your inside your eye, and apps the doctor do a visual acuity test right at the bedside, a chart, here it is. that's another eye exam approach using the smart phones. gerri: 35% of the people seek medical advice online, cetainly would be attracted to the apps. is that always a good idea? >> i think the more educated the public is, the better. they seek medical attention, get the right diagnosis, get the dod thing to get information to the public. gerri: i wonder if the fda looks at these because how do you know they are reliable? you recommended a handful here, but there are hundreds of these health care apps. >> i know the fda did approve the glucose meter in december

2011. there is a process where they can be approved, and, of course, the other issue is sometimes with the ecg monitor, it costs $2 # 00 for the smart phone. there is a cost involved, and then, you know, get the information to your doctor, have a way to communicate. gerri: what's your take away? if i get one, say i have a heart issue, i want to know what the blood pressure is all the time, what would you advise? talk to the doctor first? >> i think you have to speak to the doctor to see if he works with the app that you have. if he can, you can start measuring your blood pressure twice a day, for instance, and you can chart it on your iphone, go in, and i had patients go in and show you. this is the blood pressure the last two weeks. it's high when i go to the doctor's office because i'm ashes, but at home, it's okay. it's extremely valuable. gerri: so just because you're an, seeing the doctor, you could affect your results in a bad way? >> absolutely much there's a white coat effect, or you see the doctor with the white coat, the blood pressure goes up, a

way of looking at the blain tside the office. it's a nice approach. gerri: doctor, thank you for coming in, appreciate the time. interesting stuff. more and more people are taking charge, not just of their health care, but everything in their lives. thank you so much. >> thank you. gerri: well, now, what do you think? here's the question tonight. is your smart phone smart enough to replace your doctor? log on to gerriwillis,.com, vote on the right-hand side of the screen, and i'll share the results at the end of tonight's show. top streppedding stories on foxbusiness.com, record territory for the s&p 500, up by a quarter percent. nice. the dow ended down five points breaking through 15,000 on friday. investor extraordinary warren buffet tells fox business' own liz claman that stocks e better investments than bonds for most people. >> the stock market will go higher and higher, i say that for sure, i just don't know hat

it does next week, next month, or next year, but over time, it goes higher. gerri: saying bond prices more than stocks are inflated by the federal reserve, and big losses could be on the horizon. also, bank of america and the mortgage insurer, nbia, reached a settlement over accusations, bank of america refused to repurchase ineligible loans, according to the reports, ba pays the ensurer 1.5 billion, provide a line of credit, and take a 5% stake in the company. it should happen any day now. theastern united states will be overrun by sigh cay dark poolses outnumbering people 6 # -- 600 to 1. gross. as soon as the ground reaches 64 degrees, they make an appearance for the first time in 17 years. after a few weeks, they die off, the offsprin doesn't return until 2030 #. maybe you can find somewhere else to live.

those are the hot stories trending right now on foxbusiness.com. when we come back, tesla is in the black, but shouldn't they thank taxpayers for the the profits? next, nearly $30 billion set to go out to the victims of the boston marathon bombings, but what about the victims in newtown that are still waiting? we'll have an update. ♪ ♪ ♪ are you still sleeping? just wanted to check and make sure that we were on schedule. the first technology of its kind... mom and dad, i have great news. is now providing answers families need. siemens. answers.

♪ >> from our fox business studios in new york, here again is gerri willis. gerri: the bond set up to help victims of the boston marathon bombings is now over $28 million. some victims and their families could soon receive over a million dollars each. now, what makes this unique is that all the money will go to the victims. unlike past tragedies like this

anti hook shooting in connecticut where the movie theater shooting an hour, colorado. in those cases large national charities received millions. critics say they held on t much of the cash. under a new proposal being discussed, that is about to change. with us now, the spokesperson for the city of family fund. welcome back to show. help us understand how the experience in the town and boston have been so different. >> well, it is night and there really. the situation in boston is exactly what we're proposing, we like to see happen. theymmediately set up the fund following the event. it was immediately made clear that the money to all the money is going to the victims. the process is transparent. there is one administrator who is going to come up with the transparent formula for how the money will be distributed to the victims based upon the degree of loss and injury. and tha is exactly what we are

proposing should happen. gerri: what hapned in the town afterwards? that is not what happened. the boston situation is very different. >> estimate is. what happened in the town is immediately following the shooting in tustin nonprofits to afford to be the recipient of the money. and it was falling into the community. gerri: and also, believe it was the united way. >> that's correct. they eventually spun off as separate foundation to manage all moneyhat demand. what happened in the days following is that there are up to 70 different funds, private funds that have come -- have popped up in the weeks and months following that have any number of good causes behind them, whether to build a memorial or trampines are to do any number of good things in the community. many of them don't clearly articulate exactly what the money will go for, and so when that happens people think they're gonna need for one reason. they think they're helping the victims. is going to someplace that may

not necessarily be the victims. gerri: i understand this is an energy stasis. letothing is going forward because there is so much going on. you have an idea, though, that would fix these situations and make clear how the money would be doled out three tell us about that. >> so a group of victims going from newtown going all the way back to columbine, about 70 different family members of people who were killed and all those tragedies of proposing will we're calling a national compassion fund. it is essentially, what they did in boston, the idea is that there would be one central place that is immediately activated, basically a bank account where people can donate to the victims. if you want to help the victims you give to the national compassion fund. in this case will be the boston national compassion bond. in san the heck it would be the sandy hook compassion fund. our ibibio are compassion fund. it will be set up as part of the emergency response. it would be guaranteed --

granted immediate emergency tax benefits as a nonprofit because it is of long and lengthy and complicated process. and it will be transparent, and you would bring one administrator and who would come up with a formula that would figure out exactly what the victim bases, who died, who was injured, who suffered any kind of psychological trauma and come up with a formula based upon the degree of loss that evenly distributes t money and it is crystal clear. gerri: it sounds like an intelligent, smart effort. two quick questio before you go. on much money has been doled out so far in newtown? to, how can people help if they still want to help people in the tab? >> sure. right now the only fund that has given money to the victims directly is the my sandy had family find. they have raised about one-and-a-half million dollars. they set up, we're only giving nominee to the victims of 100 percent of the victims. theyave donated $1 million.

still 500,000 that will be dispersed directly to the families, but that has not happened yet. people want to donate to the victims, tt is the fun that they should get to. it is easy to do, and the website is my sandy hook family find. gerri: my sandy hook family fund. just to reinforce the you're saying there. i jst have to say, is unbelievable to me that this is not working faster for the families in connecticut in newtown. i wish all the luck in the world. thank you for coming back on the show. >> thank you for having me. gerri: and global story. well, meanwhile in the electric car world the test the company is set to announce the company's first-ever quarterly profit this week, wednesday. reportedly what is driving this company into the black are california tax credits. that's right. with more on this, paul chester of the national legal policy center. all rit. how is it possible that this company is making money only

because of tax credits. is that your analysis to back. >> that is what it looks like. in california they have a unique economy in california where they set up these special deals for renewable energy, for electric cars, for manufacturers. and they get these credits. it is st of like a minicamp in trade system where the manufacturers of the so-called green cards, the ones that have their emissions and low emissions, they can drink credits and sell those to the big on a manufacturer's you don't want to make those cars. therefore, they are capping of the emissions that they have an the other automakers can exceed them and therefore i they comply with whever the mandate is, they buy those credits and therefore come into compliance. gerri: the test looks like it will have profit to the tune of $250 million this year. that is largely thanks to the largess of california taxpayers.

california, of course, some very intense rules about what they want to see in the car market. one more and more of these cars to the green. is that going to happen? is that logical? in it only happen with a lot of taxpayer help? >> well, we have seen a lot of taxpayer help go to a lot of this electric car companies. federal and state, especially in california. sister was a california company, basically a competitor of tesla's in the extreme luxury sedan market. they are about to go under. then they have a billion in private investment. in addition to the federal tax subsidies. tesla's just playing -- apparently there running the company a little better than fiske did. tesl has also taken advantage of this temporary, what i think is a temporary opportuty to capitalize on these short-term credits. pretty send you run out of other people's money. california is about a trillion

dollars or going and a trillion dollars in debt and will be able to do this for so long. gerri: isn't that the problem? isn't that just the problem, that when the government puts up money like that, tax credits or whenever, you talk about individuals trying to score. let me tell you, companies will jump on that even faster as a way to make money. they understand how the works. it's just corporate cronyism of the worst kind. >> it distorts the market and then that beces a goal. we side with the wind and solar energy firms. they just keep coming back because all they're living out of the subsidies. they can't sell the product. they can't sell their service and make money off of it. the same thing with the electric vehicle companies. the consumers want gas powered cars that they can refuel quickly and will go a long distance that still is what they want. electric cars and batteries don't deliver that and won't for a long time. gerri: thank you for coming back

on the show. a pleasure at the. >> tnk you. gerri: coming up next, we check in with lou dobbs. later in the show, the ceo of london club tells us about his company and help the ruble is now involved. stay with us. ♪ [ male announcer ] ok, here's the way the system works. let's say you pay your guy around 2% to manage your money. that's not much you think. except it's 2every year. does that make a difference? search "cost of financial advisors" ouch. over time it really adds up. then go to e-trade and find out how much our advice costs. spoiler alert: it's low. really? yes, really. e-trade offers inestment advice and guidance from dedicated, professional financial consultants. it's guidance on your terms, not ours. that's how our stem works. e-trade. less for us. more for you. [ whirring ]

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gerri:resident obama meeting with the president of mexico last week in mexico. and lou dobbs took issue in his "2 cents more" about what the two men did and did not talk about, everything from how mexico profits from illegal immigrants to america to the money is sent back home, plus how drug trafficking that's mexico billions of dollars each year. take a listen. >> president obama and mexico's president are not talking about the most important issues that

face mexico and those living on the border of the unit states. that is the corruption that exists on both sides of the border that allows all of this to take place and the presidents of those two countries, mexico and the united states, well, they can't find a red line. they found it several times in syria. i would argue that president obama has a red line that stretches the entire length of the u.s.-mexico border that is far more urgent. gerri: so, what is in tonight's top? >> well, the president wants congress to pass immigration reform quickly, no discussion to manila talking. put the. well, and tonight's show our way out and give credit to three men who just might sell the president's plan or at the very least cause congress to stop and think about the national interest and consider what they're doing. the legislation as it stands now seriously flawed.

senator jeff sessions, congressman bob of law of virginia to my former senator, no head of heritage, and demand, all encouraged to expose those flaws one of the flaws they seek is a result of the steady at the heritage foundation. they found a little minor item called the net cost for this legislation, up 6 trillion. unlike the flaws with obamacare their only cominto light after was passed, there are folks looking very hard at what is going on finally in this comprehensive immigration reform, the gang of a plan as it is called. gerri: 6 trillion. i am surprised their is a big price tag associated with that. you will be joining you? gerri: general david range and ambassador john bolton will be with us, former federal prosecutor and author, andrew mccarthy, talking about what is pretty clearly now a failed middle east policy on the part

of this the minister should. gerri: i know it's going to be a great show. thank you foroming on. have a good one. gerri: thank you. now on to the stay in business history, back in 1937, the biggest air ship ever built, the hindenburg burst into flames in lakers' new jersey killing 36 passengers and crew members. he carried up to 50 passengers and was the fastest and most comfortable way across to lentic. however, the disaster shattered confidence in the passenger carrying a ship in the industry never recovered. remember those pictures? shortly after the airplane caught up with a letter that aircraft from a technical standpoint, and people began to turn to airplanes. the first airline to provide regularly scheduled service between europe and north america, the hindenburg, caught fire and was destroyed tragically. today, may 6, 76 years ago. still coming up, my "2 cents more" on a new plan. next, wld you borrow money

from google? should the internet i stick to what it is get to maggie tells us latest venture coming up. ♪ what it is good at to maggie the boys used double miles from their capital one venture card to fly home for the big family reunion. you must be garth's father? hello. mother. mother! traveling is easy with the venture card because you can fly airline anytime. two words. double miles! this g can act. wanna play dodge rock?

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♪ gerri: would you take a loan amount from google? the internet search giant investing 125 million into a company called london club which is a fast-growing marketplace for a peer to peer lungs. joining me now, founder and ceo of london club. thank you for joining is. but have you on the show. telesat your company works. gerri: -- >> good afternoon. it is a marketplace that instead of having buyers and sellers we have investors and borrowers. it's a marketplace for credit. in london club, will perform a risk management function like underwriting the loans, pricing and servicing loans, but all the funding phones calls from investors. they benefit with interest rates

paid directly to investors. gerri: a lot of peer to peer lenders out. you're one of the biggest a marketplace. nearly 2 billion in loans to think you've made or people on the site of may, which is astonishing. here is my question. if i get a bank loan there are all kinds of protections for me as a bar or. are there similar protections on line? >>es, perry from the bar standpoint the pcess is very similar to a banking loan with really the benefit of the lower operating model that comes from the fact that lending club is an online company that operates at a lower cost than most of the banks. does not have time bear the cost of a branch network. the borrower's come in. they fill up a reputation form and immediately received a decision of either being declined for results, a very transparent as to why cannot or

being granted the loan. in that case preapproved and they get a branch of possible long terms and interest rates that they can choose from. then there is a process for investors to fund the loan. then the loan gets issued to the bar and there is a monthly payment back to the investor. gerri: this is incredibly popular, the sites. you guys obviously in the wake. what are you going to do with google? what will that arrangement be about? they're giving about a hundred 25 million. what are you to -- one of the two companies going to do together? >> so, they participated in $2,205,000,000 around. and the reason we're very excited about having to will as shareholder is that we found there of a lot of similarities between the two companies about how we use technology and innovation to make the process -- gerri: does google want to be a banker? >> i would not comment on what

google wants to do pretty probably don't want to be a banker. at think they're lending strategy, technology and innovation to lower the cost of credit. the naturally part of what google has been doing in the advertising market, bringing more transparency in lower-cost. gerr unfortunately we're out of time. thank you for coming on. a pleasure to have you want. a fascinating story. come back san. >> thank you. gerri: will be right back with my "2 cents more" and the answer to our question of the day, is your smart phone smart enough to replace your doctor? stay with us. ♪ i'm so glad you called. thk you. we're not in london, are we? no. why? apparently my debit card is. what? i know. don't worry, we have caelled your old card. great. thank you. in addition to us monitoring your accounts for unusual activity,

you could also set up free account alerts. okay. [ female announcer ] at wells fargo we're working around the clock to help protect your money and financial information. here's your temporary card. welcome back. how was london? [ female announcer ] when people talk, great things happen.

♪ gerri: earlier this hour we told you how you can use your smart iphone test cells diagnose for your own doctor, to check your blood pressure, see if your heart is okay and basically give

yourself a physical. but is as much of smart enough to replace your doctor? here is with some of your posting, facebook page. had kidnapped for that, for my android? awesome. of course you need in iphone for most of these. david disagrees. as our phone is only as smart as the user. i take that personally. we also ask this. 4 percent said yes. 96 percent said no. log on to gerriwillis.com four are on-line question ever we take. it's an e-mail see that we want to read. came from michigan writes the age of a private doctor promised -- practe is over. more doctors are literally being forced them play at at hospitals as surgeon, i am on the verge of retirement. we will be 57. what about up practicing until i was 70 a literally cannot imagine that now. the practice of medicine has been truly devastated. thank you. and here is a gene from indiana.

professors get paid way too much money. the government is to blame for that. many of the people go to college just a party anyway. not everybody needs to go to begin a the college to dig a ditch or drive a truck. truck drivers and needed all over the country. and start -- charlie from alabama says i really enjoy watching "the willis report." floridian and a wide range of topics. thank you for your hard work. i want to show every night. keep on watching. but have you with us. love hearing from you. some in the mouth. and it turns out people just aren't going to college site they used to. as a result of a colleges are taking drastic action. according to the "wall street journal," collegesre offering discounts, discounts at a record rate. the average being 45 percent of the tuition. these universities are not counting the elite one like yale and harvard and they're paying for these discounts with grants and scholarships. you know what? i would be much more impssed of these schools would just cut their costs, stop using government money.

the johnson tuition need to turn around, and the only way is for the colleges themselves to step up to the plate and play ball. that is m"2 cents more." and finally tonight, the dow jones industrial top 15,000 them to give you a chance to be part of history. in honor of the momentous occasion fox business handed out these hats. take a look at that on the floor of the new york stock the exchange. if you wanted this had autographed by me you had to let me know what you should get it. great comments on e-mail. twitter, facebook. two are three of our favorit. gerri willis is the best shows on fox, informative, be a full, and has bought. nobody said at about me. that's of great. rickey has a sense of humor. my 14,000 at doesn't fit me anymore. the winner is lisa him because i paid to upgrade my cable so that i can get at the end. yes. we loveou.

thank you for participating in all of the kind words. it was really nice. we had fun with it. keep watching "the willis report." let's make this 16,000. in lme? thank you for being with us. that's it for tonight. we will see tomorrow night. ♪ lou: good evening. thank you for being with us. the obama white house a sale on three fronts, the view from the president's critics as this white house had made monumental mistakes in its middle east policy, and coherent response to the syrian civil war, it's stonewalling of what happened and why in the benghazi terrorist attack command failed response. this past friday, the president again standing on foreign soil and criticizing the nation he leads, this time for the deaths of more than 70,000 people, those mexican citizens murdered by the drug cartel. 70,000 murdered, another 20,00