tv MONEY With Melissa Francis FOX Business June 15, 2013 12:00am-1:01am EDT
12:00 am
movie. neil: everyonehave a wonderful ween the great father'sed may scale backurchases in the nextew meetings. melissa frances is next. ♪ melissa: i'm melissa francis, and here is what is "money" tonight. u.s. weapons are on theiway to syri rebels. a no-fly zone may be rightt3 behind them. the red line has beenross. how high will the price tag go for u.s. intervention? should companies be forced to pay intns? a landmark ruling may have killed unpaid internships forever. al a stampe of lawits is headed for businesses everywhere , a who made money today? they're making a bang with record sales. stay tuned to find out who that is. the villain is a it's not, it's always about "money." ♪
12:01 am
melissa: our toptory tonight another red line has officially been crossedand it will not come cheap. the u.s. wl begin arming syrian rebels, this as the white hoe confirmed the assad regime has ud chemical weapons ainst his people. in a glittering -- considering a no-fly zone over syria that wod dump e moreuel the fire. it sounds awfully costly for a war that st amecans don't wa to get invold with. joining us now to help put a price tag on all of this because ter al the show is cled "money," fox news midea expert and president of american islamic form for democracy. gentlemen, thank you to both of you for joining us. let me start with you. nd out? why is the present doinghis now? what do you think? was there a sudden smokingng gun or what was the final straw? >> well,elissa, as with all wars the eventually come to an end. they're realizing that there has been a significant devastation
12:02 am
to the rebels. the numbers killed have been increasing exponentially, and there are signs now that they will move, which reset for years since the beginning of the revolution, that's where will beein and end. theye is a major massacre in play. there is even a word that the kingdom of saudi arabi and more broadly the kingdom of jordan have given the americans, our couny an ultimum thatther your help the rebels are youet out. you will have influence in the future. the cards have been pushed on the ground. the iranians had put allf their stake in, and we ar starting trealize the security maix in the areahat has been obvious. melissa: do you agree with that? if so, do we really have -- i mean,o we have the interest to get involved in this point? are we gting involved on the right side? is there a side we should align oursves with all? >> initially the obama administration more wars are military interventions because begin by army and then you have to protect your army.
12:03 am
then you have a reaction by the regime -- regime a you find yourself involved in conflict well the president wants to withdr. but we have counted on the russians to t pressure. and they're real reded le that has been crossed is not just on the ground. it is the fact that the russians are not putting pressure on assad to stop. so the ass regime has been pushing and pushing. ihink jt this move by the psident, by the administration is to put back sort of a balance of power between the rebels and th regime s that both of them would go to geneva and begin negotiations. melissa: the you agree? is that our bet interest? it almost makes it sound like we're trying to stop the war from endin >> well, r remember, doing notng is a policy. the current policy, doing nothing but in powering the iranians. the biggest threat, has blocked off vote water into southern syria because they're trying for
12:04 am
an ultimate solution in southern syria. they have put all of thr eggs in that crossroads. if ty lose syriao the cities or liberty or the free forces o the free syrian army they will have a significa blow to the influence of the wes and the region. so therefore. melissa: on the side of the rebels. you could do is backing the rebels, the muslim brotherhood. it is not people who are friend i mean, i understand what you're sayingbout how iran is backing syria and while we should not be on that side, but that ii not a compelling enough reason to be on t side of the rebels, is it? >> well, i think, melissa, is. the zero calculus that the middle east is torn between two bad choices is falling apart. the egyptians on their way to ousting the muslim brotherhood and they're next revolution. the turks have shown that they are revolting. with the right influence, with our influence for liberty there can be a third choice in the middle east. left to its own devices, the
12:05 am
strong course right now ishe worst choice. we can at least try to tilted towards those that are at least closer to less than the evilf hezbelloh and assad and most importantly iran. melissa: do you agree? do you think we have some interest in being on the side of the rebels because the vast majority of americans, 68 percent of which in a most reasonable that we have seen out , say we have no business getting involved in is right now. it is more than double. >> because most of american viewers and those who are watching it. melissa: is aut triple when the number of people who want us to not get involved at all. sorry. go ahe. a just wanted to correct that >> most americans when they watch the video tapes coming from syria, they see -- the reality on the ground is different. there are slamists, but they are the secular ones. we needot to make the same mistake in libya or by supporting the muslim brotherhood. so now if the administrion
12:06 am
understands the equation, the secular offices and signal not to find, this may be t choice that they were talking abo. the policy of the administration, i don't kno melissa: let me ask you quickly about the price of all this because the show is called "money". that's why we're talking about it because it's ultimately going to be taxpayer dollars that are on their way. estitimates are a no-fly zone could cost in the neighborhood of $50 million a day. where does it go fromhere? that i just one ltle im. that is theip of the exper. rember, the cosof this would be waged. we're putting indreds of millions intoumanitarian aid. the longer we let thigo on the rebels are not going to give up. the tens of millions or they will see the assad defeated.
12:07 am
we could lim it in the next year and make it less by helping e rebels and ultimately win and allows syrians to come back into the decreas cost of jordan and turkey, not to mention a f like libya, f example, it was little over one and a hal to 2 billion in six months. th cost pales in comparison to the regional loss and the cost to israel and other alls in the region. they can do what they want and trend the ntire region into a war that is spilling over int lebanon and elshere. you ll end up seeing it at some point. melissa: it is election day. at do you make of that? is there any change on the way? anyhances for free and fair election? what significance should we me of seeing iraans go to the poll? full, fair democratic elections, no. the same time the next president could be a more mode element.
12:08 am
at the end of the y there is noeal democratic revolution, and the ayatollah's regime would go down. it wl be a series of movies thate have seen in the 90's. we h the moderate leader in iran. it dot change. there is control in iran. we need toctuallyupport the iranian people, the green movement, the democratic element. that should be u.s. policy. melissa: your thoughts on this election beeore we o? >> and i would say that the morates are really off the ballot. the moderates that are there are a sham. the moderates from the 90 was a sham.. the supreme leader was still there. athe end of the day, i thi it'setter to he a leader release as what he feels rather than conceals itnd gs i to the table and gets us falsely anaesthetized and to really what the real global enddgame is. melissa: thank you so much for your time. we appreciate it. great insight. time for today's fuel gauge report. oil futures recently struck a
12:09 am
high fuel by escalating tensions. crude beback. still climbing morehan 1% to settle a $97.80 per barrel, the highest lel sie january january 30th. north dakota were approaching clients a record high in april. as aording to a new rept by state regulators. output climbed byver 1 to 793,000 barrels a day. that is a hugeumber. north dakota' for the record despite snowstorms and freezing temperatures for mh of the month. nothg slows them dn. u.s. coal exports fell 31% in ril compad to march. that is accding to a new governmenteport. expected to hithe bottom line of u.s. coal pducers. analts claim oversupply from asia is the bme. the plot thickens with the ira starting scandal. irss officials investigators. willis claim pass the smell
12:10 am
test? a former commissner ofhe irs joins us on the enter workings of the ageecy. he was theommissioner. i want to know what he believes ye. plus, the fbi moves to prosecute a board snowdon. a top attorney for whistleblowers tells us how she would not his legal defense against the government. a lot more money coming up. ♪
12:14 am
♪ melissa: congressional investigatorare spending their probe as the irs tgeting scandal, today deposing carter hall, the lawyer for thers based in washington. he said -- he is said to doe overseen the targeting of conservative groups. so far investigators have been plenty of conflicting information from irs officiils. i want to know, are we getting any closer to knowing where all this started? joining us now is a man who know t inner workings of the irs down to the smallest detail. former irs commissioner. thank you so mh for coming on the show. i was really excited tt you decided to come on because you are someoneho has been sitting in his seat watching all this at a different point in time.
12:15 am
you have to b sitting at home listening to these stories and they either sound right to you or they sound iossible to. so far what sounds right? >> well, thank you for having me. let me say this, my experienc with the agency -- i was at the service from 03 to 07, and my exrience was everyone from top to bottom did their level best to stay clear of politics and the absolutely impartial. melissa: you must have been shocked by this. to this story just blow your nd? you ai wait a second, this doesn't sound le the place and people i know? >> exactly right. very sad. would you have is failures at three levels. the were people cincinnati you, for lack of a better term, lost their min, if you will. no excuse for ung the words they used a multi-party, patriot, things like that to call up the applications that would get extra scrutiny. the intermediary level of supervision, supervising all
12:16 am
exempt organizations. once they knew ty had problems it took o years to clean it up. that is way too long. nall at the top ofhe organization of the mmissioner's office rally h its head in the sand, and you cannot do that. there were lots of concerns, as you know. melissa: let me ask youetai about all of that. do you belie -- is a believable? is it possible that the folks in cincinnati thought this up on their own? was not coming from anywhere hire and they just decided to go out and do this? >> the initial decisions that ey tooin that first report abt which applications they would pick o for extra scrutiny, i think that is pretty wellstablished that that was done at the lowest level. then what happened is once they were selected for scrutiny, then as you indicated, they would go up io washington for review. that was over the top. some of the questions that were asked at the request of t washgton people were inappropriate, as has been
12:17 am
denstrated melissa: at that point inevitably higher-ups' knew was going onecause they were getting this intermission and the documents theyou think people higher up the food chain had to have no was going on. >> that's right, and that's appropriate because your gettg into a new area of the law and want to make sure is done correctly. the ida was going to washington is hardly surprising. as said a moment ago, my problem is that it took so long to settle this down, good correct procedures. then when the commission was asked about it instead of sayingwe havsome issues, we sort of the matter and n we're doing it prorly he said ther is n targeting in give the impressiont is was all shipshape and there were no issues. melissa: why would he do thht? >> i have no idea. it was -- melissa: is a political? >> i have no idea. at the believe that is the case. this is what has to be developed to the congressional investatn, if you will. have no reason to question his
12:18 am
testimony. i just think that it was badly bungled. melissa: this isomething that has caused a lot of people pause because this is where we have made i in the food chain. how we arealking about former irs commissioner and him vising the white house 100 teeseven *uring this timeframe , how many times did you in that role visit the white house? i would go there and back for money, but what i said, i testified to this before, ts same comttee, inly remember going over their wants to talk of policy issues wh other agencies. look. melissa: why would he go 157 times? is a right to infer from that that maybe there were talking about is issue? >> ihink that' a leap. maybe it will be established, but there is no evidceo support right now. he had plenty of business over there in the sense that the affordable care act is a very significant responsibilit. in fact my concern when i testifd last year was tt entered the service to closely
12:19 am
into the rest of the government. you want the ancy to have a lot of independence. unfortunately he answer the question about this brothers broccoli and talked about an easter egg hunt. he had very good reason to be over there and he should he shown moreeference and said exactly whyeas in there. melissa: out of a clean this up? you have bee inside. do we have to change t law, clear house? is it endemic to the organization have a feeling you're going to say not true to the last one. >> i wouldell you tha the first thing that has to happen here is thpreside needs to appoint a permanent commsioner. there is no way you would let e cia or thebi jen months and months without a permanent leader. that is to happen and it needs to be an individual of stature will te charge of this, a takeover for someone doing a good job getting to the bottom of everythg, and me to have a thoroughrea of this by the ngress. i suggested a joint committee of
12:20 am
senate and house members. my concern is that tax reform could jeoparized by this. if the tax-w-writing committee finance and ways and means of working on ts rather than tax reform that will be shame. melissa: it really would. former commissioner, thank you so much for coming on the show. we appreciate yournsight, and i hope u come back. >> thank you very much. melissa: next on "money," the u.s. government will officially prosecute edward swden. how can he be defended? e top attorney for whistle-blowers is going to tell us. plus, detroit is -- the emergency manager unveils a last-ditch plan to save the city. gannett stock the large municil bankrucy in history we are going to ask one o detroit's former mayors. you can never have too much@ "money" in detroit. ♪
12:25 am
♪ melissa: whether it is o wall street or main street, anyone who owns smith andesson, no, not the guns, company share. this court record sales in its most recent fiscal year, soaring % and up its guidance for fiscal frth quarter. the newsriggered a 5% gain for smith and wesson stock. good for them. also making mon, investors in groupon, the gup coupon ha apparently not over at least according to deutsche bank upgrading groupon stock the by, pointing to its growing attraction in mobile. leing more than 11%. andaking money and getting a new life today. the terminator franchise. seriously? the ceo of oracle paying 33% of the budget for a new terminator fell because they have money to
12:26 am
burn. paramount pictures will pick up the rt a, yes, arnold schwarzeneggerays he will be back to reprise the role. shooting begins in january. just wt we need. u.s. officials are notaking all necessary steps to psecute edward snowden. the case against the yen as a whistle-blower apprs to be growing daily u.s. counterintelligence fear he has yeto release aitional classified documents and it tried it is believed h would be prosecuted under thespionage t. how lawyer defending in court? few people know betr. an attorney and currently represents whistle-bwers and also was a bore herself. thank you for cing on the show. how similar is this to the other and as a -- nsa was you're working on. i understanthe circumstances, talk about the same thing. >> exactly. it is similar in a t of ways in terms of, i havehree nsa
12:27 am
clients to for the past three years have been saying to mysa is monitoring all aricans gital data, both men to and content. so they have been saying that for yrs now we finally have some proof of it, and this creates a big hullabal. but ihink bviously what happens in every single one of these cas is instead of listeninto the messageeof why the u.s. is violating the two major federal lawshat gorn this area and the fourth amendment to the constitution, it immediately turns to going after and vilifying and smearing whistle-blowers. melissa: i think that is what those who aring after hammer doing. the public is fairll evenly divided on where they think it comesown. let's foc on trying to defend him in this case. whatould be your first up? in deep think, for example, did he hurt hicasey being so
12:28 am
puic in doing that intnterview with the guardian in everything he has done and threatening too release me information? ook like less of the whistle-bler and more like somebody who is either a little crazy or as aendett >> actuallytrategically in the kinds of ces you have to win not just in the courtroom, but in the court opublic opinion. and a lot of those alowers try to stay anonymous. so he is one of the few who actually has come out and a very puic way and said, i did thi i no there will be consequences. so i think he knows that if he ended up back in the u. there uld very likely be a prosecution. fr my experience in terms of all of the menho haveeen proseced for aegedly mishandlin classified information, it would be und the espionage act, which is strange. it is a lawea to go after spies, not whistle-blowers.
12:29 am
melissa: obviously bad just highlights the fact that maybe there is a fine line between who iss by in the sense that there disclosing infortion that would hurt america that they had sworn to uphold the verses was a whistle-blower dclosing inrmation becse they believe %-the law.ernment is breaking senator dianne feinste has said that the detls -- she is going to release details xt week it will show that this program hasdentified two different plotsndtocks those in their tracks trying to sho that this is a meaningful progm. does that bear on his case? does it matter? if we dece this is bn effective or is this case really about his actns and his promise to keep this information secret? >> i thi it will be about the latter part of what you discussed. dianne feinstein's argument is that he -- the means justify the ends and mbe we got a bad guy and the makes the program oy,
12:30 am
which it doesn't because the program violates to federal law and the constitution. i think, you know, he would be charged with --bout his actual conduct. and while we have dianne feinstein saying that tall we senate committee saying, look, there is a secret interpretation here. and in the american people, if they knew what itas there would benchored in now raised. so there is disagreementn congress, and i thinkhe atsphere -- it's hard for tm not to play a role. messa: real quick, what is your bet on whaa happens to have? you have so much experience. howwoes itlay out? >> i bet either he isranted asylum because he has a valid fear of political persecution, or if he ends up in the stats unfortunately you will be prosecuted, likely under the espionage act. melissa: thankou for coming on. we appreciate it. next, the emergency manager o
12:31 am
detroit unveila broad restructuring plan to save t ty. can prevent the biggest municipal bankrucy i u.s. history? one of the city's former mayor ins us with the answer. us, are unpaid internships illegal? a landmark ruling. be aware, details on the fallout for companies and workers everywhere. piles of "money" coming up. ♪ at a d cleer, we replaced pe with a machine. what? customers didn't li it. so why do banks do it? hello? hello?! ifour bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally ban your money needs an ally
12:35 am
♪ melissa: we are tapped out. that is the word for detroit's ergency manager today, unveiling a broad restructuring plan to sayhe city. but detroit already defaulting on some of its dead a short time ago, it is a last-ditch effort to stop the biggest municipal bankruptcy in u.s. history. but is it enough to save detroit from the abyss joining me n, former mayo of troit dennis archer. thank you so much for coming back to the show. >> thank you for having me. melissa: i have to tell you, i'm looking through th proposal. what jped out at the is the fact that bondholders are taking a massive hair cut. i mn, they are getting $0.10 and the dollar. the sa time, you like it was to themployee pension and retiree heal care benefits are going downnly by .1on the llot.
12:36 am
th doesot seem like it is an equitable dea. what's your take? >> if you take look at the program of whatas been proposed, it's a hair cut for everybody. melissa: but not of the same leng or sevity. someone isetting a buzz cut and someonis getting a trim. >> well, if youere at the public meeting like our was with the emergency financial manager is past monday, he laid out a proposal including with graphs andharts to sho exactly where th city was, how much money it had and how much it didot have, you would then begin to listen to what the audience had to say. a very respectful manner, namely that from the point of view, this city is in trouble because of the bank's positions and what they did duringgthat caused t mortgage debacle that caused so much income that wou come to the city of detroit tha would
12:37 am
be there as a result of property taxes that the banks ought to take in up toake more,ut the reality of i is is that everybody has a share in ts. lissa: municipal bondholders are not banks. @%at's everybody. those are pensi funds, mom and pops. melissa: one oer thi tt i would make observation on, and thats that the iurance mpanies who ensured a number of the bonds that were issued that are also going to be involved. the reason why this city purchased insurance waso ensure that bondholdersoue made whole or in least as well as possibl everyone is in it. if you don't have the money. meliss ihinkhere's a huge problem. they definitely don't have it. you talk about the insurance. the only way that will play out
12:38 am
is if the default on those. and th're not talking about defaulting. there talking about taking a major air campaign that tent%. so that insurance and can't. meliss -- >> with the emergency financial managers trying to do is to avoi bankruptcy. i hopee is successful at it. today believes that there's a 5050 chance oo not goi into bankruptcy, but it all depends upon whether but it does, including our employees, unions coend all of the creditors. you know, for example, on april 26 of this year we had $64 million in cash, but we had money that we need to pay a 226 million. this is what the emergency financial manager has found. so we got -- we heo be abl that at the end of theosition so resolution, however is dealt with, a settlement or compromise
12:39 am
, or in the alternative, bankry, the city has toe in a pition wherit can grow, attractive -- attract new business and become final melissa: i could not agree with you more. the pain has to go even deeper for the empyees and retirees and the pensions unfortunately because like y said t gap is so enormous. melissa: we have to go. >> representative, union representative, he said from yourerspective the union members have been taking hair cu for the last -- >> i'm sure they do feel that way, but we have to go. we appreciate your time and i hope you come back because i know that this is not resolved. >> we will comback and it will be a success story. melissa: i hope so. than you. all right. more than a million interns across the country are kicking up their summer. a landmk ruling may kill off their experience altogether. former unpaid interns for box
12:40 am
search light have won a huge lawsuitgainst the fund company. a judge says the unpaid internships violated mimum wage and overtime laws in the studioust fork over back pay. full disclosure, of course, owned by news cporation whi is the parent company of fox business. will ts spark a flo of new wsuits? will businesses deforest to do paid internships. joinining me now, this is huge. is is a really big ruling. did you expected command but the imations? >> this has been the movement. 1947 is when is for started. the u.s. supreme court, and turns are not employees. 2010 dartment of labor went ahead and cam up with a 6--- 6-part test for what his employer he. there are couple of decisions, the most recent one involving search light and a monthlier
12:41 am
the southern district, same courthou with the first puication. they both sd that it is essentially a befits css. you're befiting the employer you ha to get paid. these companies, lot of big corporations. melia: youome m. weake the time. we teach you is still command to contribu. >> andhey want the benefit. they don't wt to just -- melissa: stand their like an idiot. get involved, roll up their sleeves. >> absolutely. they want to learn the business and engage in the business, big new york city law firm, mom-d-pop shop for these big corporations, yove to pay them. melissa: this is what i thought s compeing. accordinn to the department o labor guide, thentern must not displace the pd worker. that is one of the maintenance. it must be closely supervised. the internships muste similar to what it would receive an educational environment. that strikes me as odd because of reason you're here is you
12:42 am
can't get this in schl. but thedea that they should not displace the pai worker, you know, and a lot of cases you can see where they crossed the line and whe really get inn turns my actually doing a full job. is that wha is gng on here? >> the interns were dng in turn jobs. theyave go a long way from following someone around and just wching them to getting involved. intern's iolved. one the biggest of the six criteria you were mentioning is, number four, the employer tt provides training derives no imdiate advantage. well, if i am an employer and dot drive economic management, i wantire the intern. it ds not really -- a christine lagarde did not get paid when he was younger, it does not make sens to me. it is just greator the plaintiffs' lawyers because the are a t of lawsuits. new york times this week, allows it was started. there is a huge -- melissa: what you think wl
12:43 am
haen? i work during the year and save money. i could afford to work for free because i knew that's wt i need to do. i worked in theitchen, a job that slls, do whave else like it cannot and something for free. is that going away? de the internships gawayyor become paid? >> they become paid. melissa: that's not bad. >> but here's problem. if they become paid in the company, small or large, has put that in their budt. companies may very well want t get rid o it. white kidn internment you can geanmployee. melissa: why pay someone when they're will only be there for three months. >> exactly. lissa: maybe there is another paid person on the staff, but is not a college kid. >> and hopefully will work, but itould have a native effec on tse ks. melissa: thank you for comin on. great insight. coming upon "money," legal marijuana is spreading, and the marketing world is celebrating.
12:44 am
12:48 am
melissa: marijuana is set for a movie makeover. illegal pot is getting big sh for product placements in movies and shows, and marketers behind the scenes are chomping at the bit to get in on the acti. there is big money to be made illegal marijuana. you think? both o and off the set my next guest would know all about this, having done some of the most famous product placemements in history. joining us with more i marketingnd public-relations consultant cheryl schuman. i want to start by bragging about yo credits because i am told the your the one that went out and picked the raid and wayfarer for tom cruise to wear and risk business we know what happened in that case. 360,00airs of those sold in only a few months after rky
12:49 am
business. inhose cases who is paying you to pick those glasses? added benefit? >> first off,hank you for hang me. i'm here. i love your book. it depends. depends on whh studio is. sometimes it will be the studio with a master of the production company that will pay me. in some cases, like riskk business, those were haned by unique product placement at the time, so thebrought me into the wall of their anti reflective lens is. one of the great things aut the laws in california back in those days is as an optician you have to bls is a petition with the state medical board in der to me and a prescription or anti reflective lens is. melissa: so they just like dow. there were t paying youo peddle their product
12:50 am
the let down by virtue your placement? >> they ge lucky, and the rest is history. a list and a great job. melissa: let's me on. so what is it exact the you are tryingo achieve? does not have a bad image? don't lots of peopl wanted? >> the bottommline is the mode-day canada'onsumer i women and single moms. the number wanting a one to accomplish whei came out of the closet after a my cancer abou mike hmock to have canada's usages of one of my children to be pud of me as deloping pducts. usually when you see marijuana ishrough a bond. melissa: to you have stats to back that up? >> you know, i'm a spokesperso for mom's for marijuana. there are over 80 llion women across the country in the entire world that lerally are looking
12:51 am
to enhance their lives. think about mother -- mother's little helper from the 60's, valium today women like me instead of using a glass of wine at the end of the day or alcohol, marijuana isafer and there are no caloes. also, it is less harmful than alcoho tacco. so what makes me a better mom whene home from a long day and a lot of men also when they're coming out from a long day is they choose to use cannabis in order -- whether throughh a vaporizer like is tht we make in manufacture, and they choose to use th whenever lax at the e of the day. melissa: there may be people in the audience yelling at the television and disagreeing with you just had to say, but that is not the point of our segment. how you are moving to get this plac in movies. have you had pushed back from pople who ddn't agree wh your point of view? they want, you know, mobs to be high while they're taking care of their children we know what this image. here you are activy being paid
12:52 am
and working hard to get this image into movies. you must get a lot of angry mail . >> you know, believe it or not, actually, cannabis approval ratings are at an all-time high. he che that cnbc or cnn or fox business news, you will s that when people see cannabis, medicatedhocolate malt has price you can get. it is not the old school, you kn, dirty bon enjoins that homelesseople use and alleyways todait'somen like me to work in the corporate wld to our highly educated. and what happens, people coming out of the closet. it's a lesty choice. when they do the television, thousands of e-mails from women and men all across the country the send thank you so mucfor allong me to hav the empowerment to come out of the closet about my usage. lissa: we are out of time and i have no dodoubt we will get a lot of the melson treatabout this one. thank you for coming in the show. we appreciate your time. tom cruise is no stranger
12:53 am
12:57 am
>> it is time for a litt bit of fun wit"spare change." we have our guest today. thank you for joining us and happy friday would not be friday without tom cruise in hot water. at a shareholder meeting,e reportedly said that walmart had improd women's lives around t world. he also called the store a role model. even after wal-mar has faced numerous lawsuits. mean, i don't know. what do you think? >> he should go back to jumping oprah's couch. >> improving pple's lives, i mean i don't kn. >> when did he start advocating tort wal-mart?
12:58 am
>> i cannot igure out why he uld be talking about wal-mart at all. whats interesting is not only have there been numerous lawsuits that one of them is a 2000 women class-action lawsuit and of a lot of people. >> that is a lot o women. okay. paramount has introduced a mega ticket for its new movie. fans pay $50 for the ticket. you get into see t movie to days before the official release and you get a copy of the movie. it also includes popcorn and a kind of stuff. >> i smell a ltle bit of desperation. i ama igzomb fan. but hed the movie is not that great. >> i don't want to see the vie. i'd just like the cket. >> yes, it is a big mmer
12:59 am
blockbuster. melissa: anytime you spend $200 milli on a vie it is obviously great. [laughter] gerri: >>1 let's squeeze in another one. this m be a parking spot in the south beach neighborhoodn san ancisco. it sold for $82,000. i used to park on the sidewalk in south beach. in the bay neighboood, they were auctioned off for $560,000 for two parking spaces. a yea ago, t the space in new york city went on the market $40 million. maybe we should start inveing parking spos. >>hat you think? >> i live in the u.. soutbay, boston. >> that only $250,000 per ace. >> all right, thank you guys.
1:00 am
that is all the money that we have for yu today. have a great weekend and happy happy father's day. "the willis report" is coming u. no laws microphon was removed, thht is coming tomorrow. goody. ♪ >> still coming across by the hundreds and thousands. john: iilegal immigration is down, but people still sneak and plexuses a pretty good-sized told. i am dissing this. >> it does not matter how high offenses. johnwe need to seal our borders. >> god our borders, protecting the meland. >> illegals steal american jobs. john: if immigrants are such up problem what is canada's immigration by blboards in america. >> we will take it. >> the fight o the american dream. that is our show tonight. ♪
117 Views
IN COLLECTIONS
FOX Business Television Archive Television Archive News Search ServiceUploaded by TV Archive on