tv The Willis Report FOX Business June 15, 2013 2:00am-3:01am EDT
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shld let most of them in that is our show. thank you for watching. ♪ next. gerri: thankou for joining us. tonight on "the wiis report." %-veterans waiting for benefits. one of our heroes is here tonight to shae his story. and young americans saying no to cred cards. and new concernssfor yog athletes. we are watching out for you tonight on "the willis report." gerri: we wi have the latest on our military veterans waiting
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years for veten benefits. first, it has been six months since the massacre at sandho elementary school in newtown, connecticut. today, victims were reemembere and they open their hearts and llets over $1500 to help thoe victims and families. have been following what happened to that money. tonight over $10 million has still not been given out. nearly all of that it heldby one charity in particar. with us w is a spokesman for the family. >> a very small pcentage of it. they are still trying to figure out the best path forward for how to distribute the money.
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i represent a coalition of families going back to columbine and we are saying that that moy was given by a very generous american public d it was intended to o to them. together we are standing and saying that that is exactly what should happen. >> here is what happened. americans were very generous. they gave him $15 million to many charities. bue biggest one, the one that has the lion's share was united way of western @%nnecticut. after the tragedy, that particular charity sat back and decided tocreate kind of foundation to put this money in. they studied the issue, all of this going on over the last six months. th seems to me like it's a lot time to be waiting for this money to be distributed. >> it certainly is. it is actually one of the longest distributions that we have seen.
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a lot of time the money is spent off to a separate oranization and the panelsre put togther. the challenging parts at there are people who specialize in this veey painful process. those who know how to do this. e resumption that is coletely outof th depths a how to handle this kind of situation can fure this out on their own. the fact that they are not a iling themselves are the lessons that havbeen learned by other communities that have gone through this. it is unfortunate. we are sayinghawe should bring in this to come in. boston has argued on the. >> let me just sy that the folks in the boston tragedy,, which happened recently, they are alrey starting to get
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money. hink that certainly for foreign newtown ople, that has to be really discouragi out there. karen, responded it. foundations say they have done nothinwrong. but they are in full compliance whatdo you say. >> i would say how do they know that. if you look at their website it is going to meet the long-term needs of the commuty when you go to their weite. there is only one way to donate. yo cannotsaythat i would like my domitian go to the victims or i would ike it to g to mental-health services for the community or to build a memorial to plant tes or build playgrounds. there is no way identify what those in attendance.
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they are seen as a coalition of victims, that the american public is responding with their hearts in reaching out to the families. >> okay, i need you to respond to a couple of things. unfortunately they have put out mixed messages. first was tht they were going to get $4 million of the $11 million to the victims. and they retracted that an aching back and said, we ere going give 7 million to the victimss when you ask the question of how did you co up with a number. what happens t the interest is being earned on that money. what happens to the wavef giving thais going to happen right around six months timefre. what will happen willprobably flewnto the community. local happened t.
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gerri: now we are going set up a distribution committee ad there ar 40 families involved in this. there are $11 million. >> it is t quite that simple. the 40 are divided into three categories whave two who suffered physical injury and rvived. and we hae 12 whwere in the clasooms and caped. there were different lels f injury. so you need to have soeone who has experience in this. victim compensation specialist who can come up with a formula on the degree of injury and how to parcel out and distribute te money. >> it is all really complicated. but u are sitting here six months later. the only people who have seen this are the people running the
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charity. no one is ing anything. the attorney general is asking for action. the charity itself is sying that we are making all the right moves. but that is nothing to see ere what if something is something would happen. when are people -- aericans re generous. wh do they want to help? the ctims. that inot happening here. it is just not right. do you see this coming down the pipenytime soon? >> i wish i could say that i did. buthe victims don't. were at a deadlock and frankly there eds t e a wave of al qaeda. the governor h waiting. thirty-eight and0 families have said that they want a third party to come in and deermine how to distribute the money. >> in lieu of the distribution
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panel instead of the distribution panel. >> i just hopethat somethin happens for those families. i know that you do as well. please come back soon and tell us what is going on. i think that it is very intesting. >> than you. >> we will invite the governor or the attorney general or whatever it takes. this is the end. >> i cant agree me. thank you for calling your attention to this. we really appreciate it. >> thank you for coming on. >> thank you. >> going on newtown, connecticut is just one eampl in a terrible world. we recently talked about america's worst charity. if you miss thategment, go to gerrillls.com to find a list. and a family saythat they gaveoney to some of these loser charities that spent penns on the dollar to those in need. it's up o you to check out the
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we want more outrage tonight for our nations brave men anwomen who are coming home to a bureaucratic nightmare. the government organization claims disability benefits are mired in controversy and veveterans wait sometimes yearso wait for the process. meanwhile, the government is@ raking in buses and working for unions.
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robert, thank you for coming on the show. it is an honor and we appreciate can you tell us about your story trying to get the benefits that we promised that we would give you? >> well, it is a very disheartening story. it can only be described as a breakdown f pts. i filed f compeation benefits at that time. i waited until may of 2013 to receive the benefits. i waited 33 months for the tire process to go through. >> did you get those benefits because they got you by that pot? or was it because you're making a lot of noise? >>elieve it was because i was talking about it publicly. i went to the baltimore suna they ran an article. within about two weeks i had
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partial complet. so really i thik they play a game of whack him with. gerri: that is not right. that is not how theeclaims should be. we were hearing last night really scary stories about these claims filed on paper. they get lost. they are put away somewhere where no one can find them. it is shoking. 850 veterans like yourself, some of them waiting moe than 125 days. most of them 565,000. what should be de here? >> it is a complex issue quite frankly iam calling on the president to get involved. coress has been involved in
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this. they have been throwing a loof money at this situation. so omething must be done and it must be done immediately. >> the budget has only gone up. >> i think the budget goes up something ke 40% since 2008? >> yes. >> tell us about you experience in the military. tell the world what you did last. >> okay. i spent 20 years and i retied in 2007. i get multiple deploymenents. last deployment was in iraq in 2004 and 2005. it was hit about 160 times over the timehai was there.
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in addition to having no safe haven due to t mortars an rockets, we would go after insurgents trying to attack the base. so it was ry tough time and there were a lotof really good people and i did my best to make everything happen that make people safe. then i comback from iraq and come back to this quagmire of red tape and it really is a disheartening siiuation. >> did you feel like you have support? gerri: were you expecting and what did y see? >> definitely the support of m family. especially fr somone with ptsd there was somethingery seriously wrong with me. i think that the va,they are
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%-this point.d well enough at somehow and someway, we cannot keep throwing money at the prlem inhinking that's goi to fix that. we cannotkeep thinking that we are going to fix it in this way. it has to be don in a continent away. especially in working with the veterans as well. >>e cannot fail people like you. we have to serve you because you served us. appreciate that thought. think at it is omething that needs to be thoughtf through the veterans affairs and in congress and by the president as well. when the veterans comeome from injud emotionally or otherwise to and we cannot leave them out there. we c cannot let them said, likei
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did, for3 months wondering what is going on this system, why n't they ar, wted tommy what my benefits claim is. quite frankly, i just wanted them to a balance the fact that i had ptsd andaite33 months within to do that. gerri: a little. well, thank you for your service. we areciated master sgt. thank you for coming on the ow. we appreciate it. ank you. >> thank you very much. gerri: unbelievable story. 85000 veterans still wng. this shocking new trend ang r nations and people,itchg credit cards. what they're turning to instead is causing alarm and costing the money. joining me now, consumer ucation presidentor smart what is goin on? >> yeah. i'm not sure if this is good or bad news to beequite honest with you. on one hand u have young people who are using credit cards lesson there for stayin out of credit card debt, which is nice. the problem is that they're going to use plastic.
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as a fact. so whahat aplastic of the using? in my mind ther are two reasons that are causing this trend o downward usage. one is the card applications to of the card t which made it more diffilt for pple under 21 to get a edit card beuse now they're ruired to eier have a job or a cosigner. number two is the incredibly aggressive marketing of the prepaid bit card which is starting in people and minorities as an alternative to credit cards. gerri: well, it -- >> is causing the trend. gerri: let's talk about the praid debit card. uni he done this before. were not big fans. tell people why. >> and not a big fan, and it's for coue of reasons. first of all of marketing is clause that is honest. they'rsuggesti that prepaid debit cads are a better alternative than tdional checking accounts, less expensive than traditional checking accounts because you don't have to pay overdraft fees and they do, in fact, help you establish an bill credit hiory.
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none of that is actually te. a prepaid debit card is wt is called a stored value card, whicheans you love money into the cd itself. it is us sitting in the count anywhere like a traditional the card. did you have toay fees to use it , either a monty fee to match at&t's, a papertatement fees, live custor service fees. they just go on and on. gerri: we d't have enough money for them.@ >> this is fet use my money, and i don't like paying that. people always get angry. that ist lst the bank's mone this is one to use you own money. gerri: which is what is so insulting about it. pay to use your own mon. just carry cash. it aa this iue and that think hung up on.hing people g banks are expensi, charging monthly feesor your checking account. at is the advantage of having a real relationship wit the bank iyou're a yououng person? >> first off, it's a fact that
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banks charge fees. they are for profit organizations which is one of thways that make money. having said that, if you a creative and willi to buy a little bit of research into choosi the bank and that pe of accountf you haveith the bank, that is actually not tha hard to find out see-free ecking relationship. thisumor, that it is gone is absolutely not tru a lot of peopleo give -- a lot of places will offer you a free checking account. having a relationship with the bank is not a bad thing. you have access to god knows how many atm machins. your money is short. is nice to have a relationship when you want to borrow money to buy a house or finance and educatioor by car credit card or you have completely fraud prevention guaraned because of federal law. it is aually not a bad thing to have a relationship with the bank, yet we demonize them as if they are evil simply because they charge these.
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don't complain about it. avoid them. gerri: listen to this. young people banng 45%, prepaid cards, cck cash, pawnshops, palin's. the worst of the worst. some of this is like -- not the last thing youant your millennial t do. >> since we loveo quantify this, will quantify it for them. th average ierest rate on a creditard, the worst thing in the world to my credit cards above 50%. analized interest you pay adipate a loner pawnshop london it is over 100 percent. compare those numbers. rri: wl pledge. very well put. >> have a greaa weekend. gerri: you as well. well, later in the show, a former professional soccer player has t mornings for those parents and kids who play sports. and a series ofto and starts to the u.s. open as rain has
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on the event because of the location. here to weigh in is 8-time pga tour winner brad saxon who playedis first u.s open at marion in 1981 as an 19-year-old amateur. tell us about that. >> well, it was the most nervous i have never been in my life. the fitee is right on the patio, some members are literally on top of you. you can hear them staring their iced teas. th called my name. i happen to be in the gro right behindack nicklaus and in front of arnold palmer's. all of the caddy's picked me to finish dead last in the field. theyave a bet every year for who will finish last. and i can only tell you, i cannot remember hitting the fit shot. i birdied the first and secd holes, leading the tournament after two holes. saxon necklace ballmer. get that as one. gerri: that is a great story. that is awesome. i don't know how you play when interest because your hands
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after shang. and your stomach iall upset. it's a difculto do. what did you think of the course itself? a lot talk about this course and how it is very small. >> it is. most u.s. open courses that we plan would be on 250 acres plus. this ones just over 100. a ver tht, narrow, short by today's standards. you know, you can't see the ayers today, they are nervous. the majors always good players more nervous, and i don't think ere is a tough tournament played in the u.s. open because it tts of parts of your game. gerri: it is interesting becau it is shorter and doesn't like it is aa eally difficult crse. they spend a lot of time on this course trying to improve it, upgraded, chae it, and it seems to me that these guys are having a very tough time. they are. he looked athe leade brd right now, ppil mickelson is to wonder park. no onelse is on the part. i am pretty sure that is round of 3nder, the only round under
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today, and he is something that has not been done since 1992. he hit all 18 greens in regulation which islmos impossible. gei: when you lookt this, we had ttatain delay. a lot of people got upset. how does that impact the player game? >> fst of all, it disturbs yourhole routine. you're used to getting a few hours before your early tee time and being prepared and ready to yell. as you saw, three half-ho delay yesterday. some of the plers did n see off until today for theecond round until 430, 5:00. they will finish around 21 friday. you know, pl mickelson clinton's plan and did noo arrive until 330 in the morng thursday morning a few hours beforeis gerri@foxbusiness.com. he ended up shooting below ground. it is unbelievable gerri: i think he was going to his daughter's graduation. >> demand is eight grade
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graduation. in 1999, he beat phil nichols on the last poll,e says, go home. be a father, have the baby. that was demanded being born then. gerri: greatontext. one final question because there are so many about the idea that there will make les money because you work regular people kee can go watch it. what did they choose this urse? >> well, i think it's a great question. we cou talk about four hhurs. it's a histori course. bobby nes completed the grand slam in 1930. be hog came back after his almost fatal c accident, 1950. have not played there since 1981 because the courses to small. it's -- i hate to say is the cius ofhe u.s. open, b all the stuff that gs on, the corporate tents in the spacehe need for television production. and they have a second golf course with the players are facility andor the locker room which is abo aile away, and
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even that disturbs the pyers. ey are going to new work forces. courses no one has played before. to go back to a place like that -- i'm not worried about the financialockets either. gerri: they do okay. >> right. gerri: they're reay do. he's going to win? >> wl, i think phil mickelson is a great story right now because of the way he flynn. he is never won the u.s. open. i ow is on his time. this is a short game players course. you should see him, doing some pretty good magic right now. unpicking a guy, but nobody really knows much about him. he is an aggressive, you know, nice cocky kid that is planning to break off. gerri: i have to go was filled. my heart is with phil. i wouldike to see him play well. just as our viers out there, brad is a super, super punter, and you can see him on the chpions tour.
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be sure to check him o. thank you f coming on. >> appreciate yr time. gerri: appreciate avenue. we wl be following you on the torque. ngratulations on your recent win. comi up next, warning for parents of kids to play sports and a new law tha cou sen yoto present the next time you buy anockt back you have had your ion. our legal paneleighs in composite will get your reaction. ♪
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gerri: a warning for our young athletes. a recent study wiping out the idea that it takes up to two week recover from a concussion children and young adults with previousoncussions may need even longer to heal. with more on this home of former major-leagueoccer player and creator of think taylor, a foundation to bri awareness to trautic brain injury. welcome to the show and think for coming on.
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i kw they you have had your own experience with this, but i think there are a lot of parent3 out ther you just don't reali what their kids are up against. >> no, they don't. the question and i am asked all the time is, do we know anythin about concussions in 2013? my injur happened in 2008. too often we hear about back in the daywhen the reality is my injury happened august th 2008. life changed forever. two things parts need to realize is that no one concussion ishe exact same as another. i could fall off his chair i'm sitting right here in front of the camera, get a concussion. that could be very dferent than yours. that's the problem with recoveries. the others, the one injur it takes away your life is a traumatic brain jury. do is bring your ank, break your wrist, break your leg, so many things. you can havee surgery in fix it. you can't have surgery on a traumatic brain injury. if you are n aware, an uneducated, and you makehe
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wrong decisio after getting that initial confession to make takes away your life. unliving that right now. gerri: tell usbout what happened to you. >> well, augus30th 2008 d was playing in a soccer game, t revolution, playing david beckham and the los geles galaxy. my family was in town. to make a long story short the ball came in. the goalkeeper misted i boston in the face. the biggest issue was not that initial injury. i played in nt wees, the next eight weeks never diagnos with a concussion, never once got an x-ray of my neck,ever once again mri. right now i'in the battle for the rest of my life. permanent brain damage. ve not worked out forr years. have not gone to a movie other than twice as four years. d just starting to read the books. you ow, it's just the way that my life is now, and that's why i started thinking tailored not a word because someone needs to start talking about it i guess that's me. gerri: you think about kids
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playing football. you think about kids playingll these boards. even soccer. running down the field bill now@ with no helmet, nothing. and out of the survey that we have been talkingbout, the covery link from a concussion for kids and adults, 12 ds without prior concussion, 28 days with severe several previous concussions. i mean, i don't think people know those facts. they don't know the statistic. you yourself played f eight pele need to be awaref this.n. mom and dad need to say it's high-school football. who cares. you're sitting out. >> exactly. here's the story. in o society legal -- little league baseball, if you throw 65 pitches yohave to sit at a minimal three days. we don't have the headcountnd football, at, andoccer. we are more worried about the league baseball, our society is more worried about an elbow in
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the rotator cuf. you bring uplemes. helmets stopped anything hoey and fooall would not have a concussion problem. is not necsarily wearing a helmet. but being educated and where, and i just don't -- it was interesting about these studies twenty-eight days. listen. sydney crosby was diagnosed with a mild concussion. ask him how the 19 months when after he w diagnosed with a mild concuion. it's time we get rid of mild. time we get rid of moderate. if you have a concussion you have a ccussion. as such anger mdly pregnant. no, either you'reregnant are not. gerri: very well-known. from what you're saying this has been a very tough me for hi. let's edute people. possible concussion sentence, headaches, nause dizziness, vision problems, sensitivi to light and sound, balance and our vision problems.
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if you are a young kid and you have one of these, you want to think about it. you want to get some action, see a docr, set out. you can always set out. >> of course. there is this sayinghis popular. when in doubt set tm out. if you have any doubt set out. ifou're wrong, your life is not going to be what mine is for the rest of my life. you made the right decision. you missed that soccer game or that football game, but you have your brain. you only getne ticket a life, and you need your brain to do everythi. right now i start a little bit because for a bad joke or what not, and half of my brain working. gerri: you sound great to me, but i thinkour advice -- >>hat guy you fools. [laughter] gerri: good job. thank you foo coming on. and a people legal -- ear to your that.
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♪ gerri: well, not of goods, you kn what i'm talking about, the fake ones made in cna, they are in high demand, everything from fake rolex watches and gol club imitation gucci in prod banks. new legislation is trying to ma it a crime to buy them. fox news legal analyst and attorney join me now wit the details.@ this is a fasnating story. we will start with you. to me if i am down on canalpen street by my faith bag. >> if you buy a fake dagen backup is there, they can run you into jail for up to year and charged with thusand dollars fine for that's just because yourhey're buying something. we as csumers, aren't we allowe to buy will we want to buy? and you'll rrally get into the mind set, do i know what i'm going after the get the purse, not know anything abt fashion. rri: it looks nice. you don't understand canal
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street is canal street. >> i jt get a good dl. gerr all right. let's here om new york city council man who is proposing thisegislation. here is what she says. here is what you want to penalize these consumers. people think it's an advture. it's always illegal f people to sell, but not illegal for the people who buy this stuff. hopefully this law will cut down on demand. >> i don't know that it ll cut downn demand in terms of people not going to stores, but the purpose of it is to really reach below the surface, meening when you go on the street and you see somebody sell something at aable, you don't have to be a genius to know they're not paying rent, they didn't have a lot of overhead. so you already know there an innt to try to get around something. the price of the bag is one-tenth of what is in the store, you have to know something's up. also not a victis situation. people making those products working in sweatshops that are underage and working below minimum wage, work in buiings
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that collapsed. >> that's a good point, but then go for the people were selng it to. gerri: and of having a problem. >> prosecuted some of these counterfeit guys, but you're ally going too out to this nice littl70 your lady in from kansas, i get a great deal on the bag. you're going dollar into jai with everything else we ave going on? gerri: theeality, let's say you're on the streets we have one of these guys set up on a cardable because tha is what it is you s this little old lady come over my purse. well, if they go after herthat guy will be gone i 20 seconds is he cing back is the question. have youtopped it? >> ne. >> all laws are based upo deterrence. you want to try to deal with behavior and stop it if it something that's proematic. theroblem is, this is not going to be passed as a lot to
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prevent crime. it will be something like a parking ticket. >> bloomberg you wants to regulate the 32 oz of soda doesn't want this to be the prosecutors don't want this. go after the big guys. gerri: ahousand dollars, w get maybe 100 people a year. now we're talking some deficit the. maybe this is the way to raise tax revvnue. [laughter] >> the general reality is you will have criminal record, up prosecutors taking time away from more serious crimes, pole taking time away. peoplean give tickets. it will give you a ticket if you have to pay a fine like a parking tict and say you did note. there will be l of those issues of enforcement. bottomine, like i said bore, it is not that simple. what about the fact that the people that put energy into making the real products, they cannot hire. gerri: now you're getti to my issue, which is these women who are not making million dollars
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year. they're spending thousands of llars on designer handbags. >> this i do not know. i doave a realoach bag, but i have had it for ten years. one bag, that's it. gei: and you did not go to jail for it. >> i did not. >> coach just got up lawsuit against a major counterfeiter and won a lot of money. the person in the street, it's ha to stop them from buyg it. that's what this is about. gerri: last word, brooklyn district attorney buru chief my 70-year-old mher would not know the difference. what you prove what she knew. >> you cannot go inside the innt of someone going enceinte, and just got a good deal. >> buying someone from a card table. gerri: its n yk city. all right. we won't go there. thanks. great job. always good. now we want tknow what yo
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think. here is our question. should people who buy imitation handbags be jailed? g on to griwillis.com, vote on the right-hand side the screen, and we will show results of the end of the show. unbelievable. and we come back a look at some of the hottest gadgets that you should bring with you on your next trip. wait until you see this. ♪ can be tough.
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whes the fairy princess coming? any minute now. yay! announcer: but it always worth it. agnes: i know it's really you, gru. i'm just pretending for the other kids. announc: take time to be a datoday. call 877-4-dad-411 visit fatherhood.gov. ♪ gerri: well, the best gizmos for travel. with so many high duties?
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how do you do that? with us now, trave expert mark murphy. we havee cool stuff. stuff that i have not seen before. tell us about -- this is called the go pro year-ol. >> we use is on location. just in ecuador shooting. they strapped it to me. a shot of the ground as i flew in like superman 500 feet above the ground. now -- gerri: a veo camer. >> hi beth, super high-quality. that is from go pro. you put it on surfboards. you have a wireless connection. you can wires to tnsmit the same time. gerri: and that is not cheap, but it is prettyarned cool. >> oh, yes. gerri: this is amazing. >> this s is me. you take this and stick it in your pket. a blue to wireless speaker. you can stream and listen yourusic anywhere y go. if you get a phone call, you st push the top and now y
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have apeakerphone, almost like a conference call. really neat. allied is a lot because you entertain yourself but you can also te sines calls. gerri: $49. >> boom u.s.a. gerri: absolutely. what i like about this is you can throw it in your bag and it is really small. i am used to this. why not? >> well beuse it is father's day this weekend. coming in with an extra $20 off and 79, but the really upgraded its of the use of a frost facing camera. wi-fi, down loveovies, let's netflix. i mean, to me this is an entertainmententer. gerri: younow what i would do? and put my guidebook on it. a city or town, i would be able to get all the info that i need. the brush. >> i know you are really a frustrated artist and art. what you can do with this is take this. 's a paintbrush. like that. a digital paintbrush. so now you take it, download a
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painting the star painting. and you can really havsome fun. and the best part about it, no fing-pointing, no mess. gerri: that's perfect. the kids born in the backst, $40. you're de. >> exactly. this is neat. $39.99. you can go pick it up and it is easy to throw in your bag. gerri: yes you n't have to have a lot of space. now we have all monitor. >> any that for my wife. anyway. [lauter] gerri: thank you so much for coming and telling us about it. cruciate your time. >> we have here, this goes inside, but th havon the go outside. when you're traveling, mmke sure erything is okay. gerri: appreciate your time. we have no time. we have to leave. th
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gerri: a quick programming notes. we know is session friday. we just ran a a time. we will bring you this story later this month. finally tonight, man of you at home keep writing in saying it is time to abolish the irs. as the scandal list just it's longer and longer, you couud be onhe something. another treasury inspector general report shows more than 1,000 irs employees or misusing their governme credit cards. what's worse, none wasetng in trouble for it. the misuse of cards include someone se using it for nonofficial reasons, not paying onime, and buying things from an unauthorized merchant. ing credit cards,, spending $50 million conferences, targeting conservati groups. like i said to m think your on to something. that's my cents more." and that's it f tonight on "the willis report." thank you for joining us. don't forget to record the show if you cannot get his life. emigrate knight commander will have that in fashi later in thmonth. ♪
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lou: all of the rattraps that we just end up making for smarter rats. welcome, everybody, am neil cato. after all of the scandal revelation in these elaborate systems to go after bad gus, the badguyset smarter and avoidthem. congressman mike rogers isn't giving any specifics but he is saying that they are changing their behavior by apparely not using the technologies on which we are spying. whether that means we are not
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