referred risk policy starts as low as $129 a year. for an agent, call the number that appears on your screen. melissa: we start with breaking news tonight. the city of detroit filing for bankruptcy just moments ago. this is the largest municipal bankruptcy in the history of our country and make no mistake, there are implications for every town and every city in america. this affects you. let's go right to former detroit mayor dennis archer for more. are you surprised it has come to this mayor? >> i'm surprised and i'm surprised that it came so quickly. i think the emergency financial manager and his team was forced to go into bankruptcy by a filing of a lawsuit yesterday by the general fund and the police and fire pension fund filing a

lawsuit naming the governor and the emergency financial manager saying that the governor did not have the right to give the emergency financial manager the ability to go into bankruptcy because their pension fund are protected by the state constitution. melissa: you and i have talked about this a number of times and we have does abreed in the past here. it's incredible that it ultimately has come this. you thought a long time ago if you could get everyone in a room they would come to an agreement because bankruptcy was going to be so painful and so difficult for this city. what went wrong? >> i don't think that the unions were prepared to come to the table with the same kind of mind set that the president of the international uaw, bob king, his executive committee and ultimately their membership in

terms of wanting to make sure that the automobile industry was preserved and they acquiesced and worked with the oems and the suppliers in an effort to give the general motors and chrysler and then of course ford motor company would benefit by it, the opportunity to grow again. and so what the unions have seen, uaw has seen, is that their membership has grown and the benefits are coming back and what's occurring is the bonuses are being paid to their membership. in the instance with the city unions, the city unions did not use the same approach or go into the discussions with the same approach as -- melissa: mayor, i want to make sure i'm hearing you correctly because every otherrtime we talked about this you've been very sympathetic to what is going on with unions and pensions and it sounds like you're blaming them now? >> not blaming them.

what i am saying is that they have forced the issue. the pension fund have forced the issues, not the, not the afscme, not the teamsters and not the other unions. they have been at the table, wanting to be at the table but the pension funds decided that they were going to move and move forward and start this lawsuit to preclude the governor and the emergency financial manager from starting, or at some point going into bankruptcy. and that forced the hand of the emergency financial manager to move forward. melissa: yeah. >> what this does is to put on hold the case that was going to be argued before a judge in ingram county to determine whether or not the temporary restraining order ought to be issued. so it was forced.

melissa: mayor, i want you to put yourself back in the shoes of the mayor. you're not former mayor. you're mayor again. is this the death knell for this city. >> absolutely not. melissa: is it a fresh start? >> it is an absolute fresh start. today for example, i have not confirmed it, but today dan gilbert, who is the principle owner of the cleveland cavaliers and who has purchased, since the beginning of the year, 17 office buildings in downtown detroit, today was to have a press conference where he was going to offer to purchase the unfinished wayne county jail and two other jails and a court facility to in effect it would be torn down and there will be a brand new streetscape and brand new investment in terms of retail, residential, et cetera for the city of detroit. the businesses continue to invest in the city of detroit

and they're not going to be at all deterred from investing and participating. >> i hope so. >> what i think will happen, melissa, if i'm wreck, i think what will happen, is that at the end of the day, other cities in the united states will be coming to the city of detroit to find out how you all did it. melissa: i hope so. >> what occurred and why, and you all are turned around. i hope what results from all of this, is that the bondholders and others, the other creditors, who will have to take somewhat of a haircut and i think there will be negotiation. melissa: everyone will have to in this. >> but the city of detroit will move forward and we will, you will find the city of detroit to be the ideal place to come visit, to do business and the like. melissa: mayor, thank you so much for coming on. we appreciate your time and best of luck, definitely. >> thank you very much. melissa: that was, if you watch the show regularly, that was a change in tune for him and it

shows you how dynamic and unusual this story is. and, all right, let's bring in former senator scott brown and former congressman dennis kucinich, both fox news contributors. i want to get their take on this. you know you look through this story and you see this is a city, the bottom line, they spent 100 million more than they took in every year since 2008 and that is just not sustainable. senator, your thoughts? >> well, of course not. it's a sad day obviously in this country and for the city of detroit but it was not only necessary but something that's certainly needed to be done right away. as the former mayor said, he was, they were forced into it. i agreed with his first, the first half of his assessment but the second half, that detroit will be this wonderful place to come in and work, listen, there are still very, very real and serious problems. while all the contracts can be avoided, executive contracts, leases everything from a to z, it does give them a fresh start but when you still have the

unfunded mandates from the federal government, to the state government, to the city government, the unfunded pension liabilities, this out of control spending in this overregulation of businesses and individuals, putting a damper on the rehabilitation and innovation and creativity in the city of detroit, it's still a big problem. melissa: there are a lot of problems. i mean, congressman, if you look at going forward, you know they wanted to treat these general obligations bonds as unsecured. how difficult does it make it for this city to borrow money in the future and for every municipality? because when people go out to buy those municipal bond, they will not look at them the same way any longer. >> we clearly need a different way of helping to finance the needs of cities but what's going on in detroit needs to be looked at in bold relief against the fact that the detroit suburbs owe the city $6 billion. it hasn't been collected.

$800 million and property and income tax should have been paid so detroit by corporations. it hasn't been paid. workers were ready to give back $150 million on health care expenses. for some reason that was rejected. i smell a rat here. i think what is happening that the bankruptcy is being advanced to try to help liquidate the city and carve all of the assets of the city, give it away to private interests. this isn't being done by a mayor and council. this is being done by so-called emergency financial manager. this vitiates of idea of local control of government. melissa: maybe, but senator, i ask you to speak at that, you look at the problems, what is the choice other than to carve it up at ttis point? you're looking at $9.2 billion in unfunded pension and health care liables. i mean unfunded, that word, we've gotten so used to that in america. this is the problem. this is what happens when the chickens come home to roost. >> well, we've seen what happened in greece, portugal, spain, what subpoena haing in

europe. melissa: right. >> now we see it at home. we see it at home now. it is inevitable and it was necessary. you have two types of bondholders. you have the secured and unsecured. you have casone bondholders. you have the water and sewer bondholders. they will be given higher priority. the general-obligation bond as you know are not secured. melissa: right. >> they will probably be worthless. you have a majority of bondholders will put their will on the minority of bondholders to cut a deal. bottom line is, whole point of filing a chapter 9 bankruptcy is to allow for the city or, you know, in this instance the city in particular to get a fresh start. melissa: yeah. >> the question is, what are they going to do after? melissa: yeah. >> are unions still, what are you going to do? melissa: let me askkboth of you. so what, tomorrow is day one. what would you do from here to put this back together? congressman, i will start with you. tomorrow is day one. what do you do? >> this isn't being done for the people of detroit. their services are going to get cut. they have had a 60% reduction in

the municipal workforce over the last few years. the quality of life will suffer. this is being done for wall street and for banks and it is a bunch of bull. melissa: senator what would you do from here? i mean, that may or may not be true. at the same time you're looking at a city with a population gone from 2 million people down to 700,000. i mean you have 40,000 structures right now that are sitting empty. 36% of detroiters live below the poverty level. there are some major structural problems in this city. now there are major financial problems that have come home to roost. what is the first thing you do to rebuild? >> first thing i would try to restore the confidence between the citizens of detroit and obviously the city leadership. try to get everybody in a room together, union, non-union. and try to come up with solutions. get the public involved. allow them to participate in the process. get the elected leaders out there and get them into the neighborhoods to obviously make sure there's calm in the

neighborhoods. chip away, one step by one step, by one step and trying to figure out how to move forward. to put blame, wall street, listen, that is the first time i heard about it. this detroit issue has been going on as we know for, many, many years. you tried to negotiate individually with various unions and just is too big. it was too massive. to throw it on wall street, that is a great cliche but in reality you have a systemically problem in detroit and cities like detroit where you're spending too much. there is not enough revenue coming in. you have a tremendous union presence that is chasing away business. you have to find that balance and that is certainly hasn't happened here and a good lesson. we'll see if they learn from it and whether it spreads throughout the country. melissa: it's a good lesson. it's a financial disaster to be sure and it is a lesson for the rest of of the country to watch to see what happens from here. gentlemen, thanks to both of you for joining us and sharing your experience and insight. we appreciate it. next on "money," john stossel is here to tell us why our country is looking more and more like the roman empire, boy

i feel it now just before the collapse. you have to hear this one. it is called legalized extortion in los angeles. restaurateurs up in arm over crippling regulations a restaurant owner made famous on "chopped" will tell us why he is getting cooked. more "money" coming up. ♪

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♪ melissa: so here's question you probably haven't considered, are we going the way of the roman empire? fox business's john stossel sees eerie similarities between our country and the roman empire right before the fall in fact. he is not the only one who thinks the days of america's hoginy might be coming to an end. a recent pew survey, just a majority of americans, 47% think we'll keep our lead over china as a global superpower if we haven't lost it already. very appropriate that we start with this story the fall of detroit. is this the direction we're going in? >> yes, america is going the way of detroit. you talk about the fall, it already fell. this is just the legal technicality that will help them

cut the losses. >> in detroit, not america as a whole? >> in detroit. melissa: yeah. >> are you talking about are we going to fall behind china, i say, who cares? do people in britain suffer because america became richer? i don't think we need to win but, when i say rome -- melissa: not fall apart ourselves? rome wasn't about falling hyped somebody else. rome collapsed of its own accord. the barbarians didn't do it. they spent and spent and tried to appease the masses by bribing them with free grain, a welfare system. first welfare state. melissa: tell me about the similaritieses because when you go through them point by point there are a lot. bread sir l circus is one. >> bred circus as a roman poet wrote. wars and high taxes and slavery, if you couldn't pay your taxes become a slave. to try to mollify people they had welfare state.

they gave them free stuff. they devalued the currency. a bushel of wheat that once cost eight roman dollars, a century later cost 120,000 roman dollars. melissa: they printed money and tried to lubricate the system and make things easier and eventually someone had to pay the bill for that. >> there wasn't money to pay the bill so it collapsed as much as detroit is collapsing. >> gave away bread, that is like our welfare state? >> they gave away grain and olive oil and also subsidized it. we aren't as bad. we don't have slaves. we don't have shows in the coliseum where they kill people. the emperors were just horrible. melissa: we do have reality shows. i mean, i don't know. >> there's a big difference. reality shows are funded voltairely. different from a the government having brothels in the palace and executing senators wifes that don't attend orgies. >> that's true. do you think we're in danger of collapse and how far does the

analogy go. >> we're on the road to collapse. unfunded liabilities, mostly medicare and social security a minor part and medicare a smaller part of that. unless we do something we are detroit or we are rome. melissa: is there a will out there to do something? i know you were at freedom fest in las vegas and is a lot, and you had a big live studio audience. you will have that tonight on your show. that was a thousand people sitting there listening to you. is there a will out there to stand up and do something about this or are we just sort of the roman masses? >> i hope so. some of the guests were optimistic. we have the tea party, we have fox news pointing things out. you had on dennis cues cues, in detroit, they don't answer 911 calls often. the city has gone from two million people, it was when i was three years old, the most prosperous city in america. now it's down, lost two thirds of its population. he says they will give it to private interests? they're ending local control. melissa: something to give away. >> local control is what

bankrupted them. they have 45 unions in michigan. they can't get anything done. melissa: yeah. it will be interesting to watch. i can't wait to watch your show this evening. >> this evening, it's at freedom fest. are we rome? melissa: perfect. thank you so much. don't forget to watch stossel tonight at 9 p.m. eastern right here on fox business. are we rome? maybe. the food was good though. at least that's something. coming up on "money," comb mines, no? there we go. coal mines and banks are used, are used to stifling regulations but the city of los angeles has restaurant owners wanting to hit the bottle. we'll talk to one about why he's, what he's calling the city's legalized extortion. plus, welcome to the big show, netflix. it made emmy history after scoring 14 nominations but it's triumph may be its own "house of cards." we'll tell you why. do you ever have too much money? or too much john stossel? no way. ♪

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because i don't trade like evybi'm with scottrade.e. (announcer) scottrade. awarded five-stars from smartmoney magazine. melissa: update now on the breaking news out of detroit. white house issued a statement on detroit east bankruptcy. we remain committed to a strong partnership with detroit as it works to recover and revitalize and remain its status as one of america's great cities. detroit had got hat in hand looking for money. the federal government is having money problems of its own. we'll watch for any updates. "who made money today?" anyone who owned unitedhealth. it beat second-quarter earnings. government sponsored insurance plans enrollment surged. united is giving a rosy outlook, saying quote, it is strongly positive about its future. the stock leading gains on the dow, rising more than 6%.

very nice. also making money everyone who owns boeing. an emergency locate tore beacon likely cause ad fire on an ethiopia air 787, that is according to an initial report by u.k. investigators. they're urging all emergency locators on 787s to be temporarily disabled. i hope you don't need that when you're flying then. the fact that the fire was not caused by something more serious was a relief to investors. investors in bowing rallied shares more than 3%. making even more green on the golf course? tiger woods sign ad new contract with nike. the exact terms of the deal haven't been disclosed but he is making an estimated $100 million a year from nike. you figure it is another big pay day. all right. so happy hour could be in for a few changes. nutritional labels could come to an alcoholic beverage near year. is alcohol nutritional? i don't know. wine spirits and beer makers are

voluntarily labeling bottles but it could become manadatory soon. just what we need. needless to say not everyone is happy about it. fox news's adam housley has more. adam? >> melissa is a mimosa is that nutritional? you're getting orange juice with that, right? all seriousness now, nutrition labels of course, a few years ago, more than a few years ago you wouldn't see them on the side of boxes. but of course every food you buy in the store has a nutritional label. you've seen them all before. there is the possibility you start to, might start seeing them on stuff like this or for example, even this. it's voluntary program at this point right now. from the feds that would basically have beer, wine and spirits companies putting labels on bottles that include everything from serving size, carbs, protein, fat content. same things you see on the side of pasta boxes for example. they we spoke to all inner before people that said they wouldn't mind it. other people said, you know

what? that's baloney. we heard from a few wine does termries tried it. >> theee is one winery tried to do this they put it on the label and put how many calories and carbs were on the label and it didn't do very well. and it's a non, they're not making it anymore, people didn't buy it. >> now the idea to make the labels mandatory was proposed back in 2007 but it never happened. liquor companies, some like the ruling because they want to be able to advertise the low-calories and carbs with liquor. beer and wine makers say since it is voluntary, they won't label the bottles. it is too complicated with different beers and wines an calorie counts. beer bottles are small, as you imagine not everybody is in favor of this. >> they will fight this every inch of the way. companies don't like to disclose that their products may contain preservatives, flavoring foam

enhancers in beer. there are all kind of things that companies use to doctors their products. >> also the question from business owners, i mean if you're pouring glasses of whiskey for example behind the bar and the labels back there do you have to bring it out to the customer? there are at love other questions. again where will you fit it on a beer bottle? there are a lot of questions about this. right now just voluntary but potentially could be mandatory, melissa. melissa: foam enhancer? foam enhancer? yes, a mimosa has vitamin c so you're covered. adam, thank you very much. >> all right. melissa: let's add food to the drinks and why on the on thes in los angeles who say the current environment for opening up small business, is is so hostile, does that sound familiar that it is legalized extortion. business owners say the red tape and regulations are like being shaken down. ocas in point, took my next guest five years and a million

dollars to open 75-seat mar vista, california.uies in should only take three or four months since he already owned the building. john atkinson joins me from louie's, giving me these insane examples of government overregulation. well come to the show, john. >> as you were saying, yes. as you were saying -- melissa: go ahead. >> took us five years and about a million dollars to open a small business in a building that is already owned by my family. will be our second restaurant. we were actually budgeted for about 16 months and $300,000. trying to do business in los angeles especially from the ground up is almost impossible for, for a company at our size level. melissa: you have some incredible examples. for example, tell me about the grease receptor. not being in the restaurant business myself i wasn't even familiar with agrees receptor but apparently it is big and expensive whether you need it or

not. >> yes. for example, the, the grease, grease trap that my other restaurant which is slightly smaller than this one cost $700. was installed in about three hours. the grease interceptor now required by the city of los angeles costs over $15,000 and took us about a four different permits, a giant hole in the ground. we had to repave the entire street behind it. its large enough to handle 15,000 gallons of dirty water per hour versus the, the 10 to 15 gallons that we're using currently. absolutely ridiculous. melissa: yeah. is this something that is unique to l.a.? we think of california as being a place where it is particularly difficult to do business. there is so much additional regulation. is this an l.a. thing or is this something that is happening more and more across the country would you say? >> well, i have, most of my experience in los angeles. melissa: okay. >> i know that from the

beginning here, we have been treated almost like, we're trying to get away with something. it has been very adversarial with much of the building and safety at the city of los angeles. i have friend in other city, new orleans, for example, who say they are encouraged to build and it is much easier and much less expensive and way less red tape which is really, that's where we get hung up for five years as opposed to 16 months. and the costs when -- melissa: you talk about, just in the difference between, you had drawings for permits with one department with one sink in one place and they approved a sink somewhere else for the other one. you had to go back to try to reconcile them, one hand not talking to the other. does it make you want to move out of the city? does it make you consider going to someplace like new orleans where certainly people spend money on food but it is a little easier? >> but the thought crossed my mind for sure. i'm four generations in the city. this is my grandfather's

building, my father's building and now it is our building. we felt like they couldn't run us out of here despite the fact that we have one set of plans for building and safety, one set of plans for plumbing, one set of plans for the health department. depending who is inspecting you during the day, you havege the f your restaurant to accommodate that particular inspector. the way we thought they're working for los angeles and we're just trying to do a business here and making very difficult. melissa: what would you do differently? what is it your advice to people? >> if i was going to do another restaurant in los angeles, i would say buy a failed restaurant and don't try to do anything dramatic to it and slap a coat of paint on it and a new sign and whatever you do, stay away from downtown, it will cost you. in a business with a profit margin so slim as the restaurant business we don't have the time or the money or the energy or the emotional to handle this any further. melissa: the emotion.3 that is so true. john, thank you. good luck to you. >> thank you very much for having me.

appreciate it. melissa: next on "money," netflix makes history at the emmy nominations. more than a dozen nods. it can envision the cash flowing in but it shouldn't pop the champagne yet. we'll explain why. plus, royal baby stimulus? kate and will's unborn child may as well be an economic god send for england. we have the eye-popping numbers. "money" coming up. ♪

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melissa: no matter what time it is money is always on the move. shares of google getting crushed after-hours. it report ad big miss on second-quarter earnings. it saw a 6:00% decline in cost per clicks a key source of revenue. the motorola mobile unit saw a 242 million-dollar operating loss. we'll keep an eye on this for you. look at those shares. netflix rolling out the emmy carpet with history scoring 14 nominations for its network including "house of cards." this is the first time a content produced for the web is nominated. this could cost cause a push away from it. v? oh, no, we don't like the sound of that. we have the senior editor at "in touch weekly" and in house media guru, dennis kneale. of kim, you're the guest. i will let you go first.

what do you think about all this. this is groundbreaking. what does it mean? >> this changes things obviously with "arrested development" and "house of cards" when they first came out on netflix it really changes the way people watch tv. people like the binge viewing. they like to watch entire season one weekend because that is their schedule they want to do it or spread it out, they like that. people in everything want things on demand. they want it when they want it and but having validation of "the emmy awards" is key. melissa: validation from the emmys, does it matter as much as dollars? are they getting a bang for the buck on something they paid $100 million for the show? >> seen reviews of the show the original programing buzz has been great for netflix's stock price. the stock price has practically tripled in the past year, okay? melissa: a high today. >> it traded up. ended up down i think. that is positive for the company. got 14 nominations that is very

good. they produce very knew original shows, but to get the that many nominations is great. look at profits. do they get higher profits when it sells more subscribers. turns out hbo had 1.4 billion in profit. netflix had $17 million. melissa: yikes. >> for what? sony had dvd rights to this. new study said 1:00% of all netflix shows watched was the "house of cards." 3% "mad men," reruns for "mad men." triple the viewing. >> "mad men" has a fan base already. they have been on the air several seasons. "house of cards" is just starting. what they're saying at netflix we don't care if people watch the show wednesday night at 8:00 or watch it four years from now. we know away, if people start canceling subscriptions for netflix we know the show is not successful. we don't have to answer to networks or answer to advertisers. melissa: dennis, it comes back to the dollars. >> yes. melissa: you're paying a subscriber fee to be on netflix.

i have it. it is fantastic. you're paying $100 million for original programing. "mad men" has to be a lot less. >> when you spend that kind of money you own the show into perpetuity you sell it into all platforms but they gave up the dvd rights when they sold it to sony. "mad men" rerun has to be a lot cheaper building a show from scratch to build an audience. three times as many viewers watching "mad men" reruns and you're investing hundreds of million of dollars in new programing as shareholder when the buzz wears off you have to wonder, where's the money? melissa: is it there or not. this is company netflix, left for dead. they were sending out dvds. who has a dvd player any longer? >> they successfully navigated. that's good. melissa: they reinvented themselves from scratch. makes you think beginning this business and getting a ton of buzz. can they turn it into a bunch of money? >> i think they can. in the drama category, no

broadcast networks were in the drama category of nominations. it was all cable networks and netflix. look where they are. look who they are placing themselves with hbo -- >> none of that says they can make money at it though. i wish them well. melissa: charge more to people? >> they're cutting prices to keep their subscription growing. they're trying to expand overseas. "orange is the new black" getting a lot of buzz. "arrested development" not in best comedy and actor got three awards. when they produce 10 shows, 20 shows, 30 shows they will have a lot more failures. only one out of five shows out of hollywood makes it. they have been lucky out of the gate but they will have a lost flops. >> one episodes goes on, two episodes, not a lot of people tuning in so they cancel it right away. you don't have to do that with netflix. that is why renewed orange is the knew black before the first season premiered.

melissa: they do have the luxury. you spend $100 million in sheet. how many people burn through the "house of cards" in a weekend. >> it is over. melissa: you don't get a lot of leverage. thanks guys, you're great, both of you. coming up on "money," give birth already, kate. the anticipation is killing the entire world. do you know how much the royal baby will be worth the second it is born? even elton john is jealous. we'll crunch the latest numbers. wait until you see them. at the end of the day it is all about the royal baby. it is not about money. well, yeah, it is. ♪ every parent wants the safest and althiest products

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♪ melissa: yes, we are a show about money. that doesn't meanncan he can't get in on the royal baby craze too. we thought of a way. it is not even born yet and yet the royal highness is worth hundreds of millions of dollars. on top of that people everywhere are trying to make a buck off this baby to selling souvenirs and betting on the baby's name. people are cashing in on the craze. here with more on the booming baby business is author and commentator imogen lloyd weber.

thank you. melissa: stimulus in britain. 387 million-dollar stimulus to the economy? >> at least. melissa: wow! >> for bookmakers. we brits love a bet. we bet on everything, hair color. date. she is overdue we think. and retail. there is going to be 3 million bottles of spark lynn wine sold apparently. so brits will be drunk and feeling very happy. melissa: shocking. that never happens. >> that never happens. we brits don't drink at all. also souvenirs and so forth. some very interesting people are getting in on the act. prince charles is selling baby shoes to his high grove shop. you've got the middletons, kate's parents have a new arrive ales range on their website. buckingham palace is selling baby souvenirs. melissa: isn't that tacky? don't the brits that everybody is trying -- one thing for an average person to make a buck but prince charles? >> there is a bit of a question mark has to be said but the

royals are very keen making sure the taxpayers don't have to pay too much money for them. they cost every taxpayer about 82 cents per person per year to run the royals. melissa: 82 cents? that's it? that es not too much. >> they don't want to cost anymore. they are sort of in austerity in britain. they're sort of getting away with it. when kate middleton arrived, she haded $1.6 billion to the u.k. economy. melissa: really? >> retail and tourism. she is the gift that keeps on giving. every time she wears something it sells out. if you're lucky enough, lk bennett, always wearing their new shoes. melissa: i know i bought three or four pairs myself, i have to admit. >> they have gone undermassive u.s. expansion. bennett would not be able to do that without kate. that baby will have the same effect. they bought a moses baskets. they suddenly started selling out. melissa: i have a friend that is pregnant. bought the same moses basket for a baby. i have not idea.

i don't even know what you mean. everybody is dialed into this. there are diaper covers. velvet diaper covers. if you want to be like the new baby. how much is the baby itself actually worth? is it 600 million? i heard a billion. i mean the moment it pops out? >> the moment it pops out it will be $400 million but it will be the gift that keeps on giving. everything the baby wears, everything the baby eats, everything the baby does, biggest baby brand in the world. beats northwest and kim kardashian. melissa: north which is. what do you think? you're our real brit on the set. i will give awe crack. >> his or her royal highness the prince or princess of cambridge. if it's a girl i would like it to be called victoria, after victoria the first, good regal name. i after a boy, albert, bertie after "the king's speech." have you heard that? melissa: i think alexander is the favorite in terms of beth.

victoria or charlotte. >> those are very royal names. i would like a successful monarch. victoria was a successful monarch. you will not get elizabeth with one and two. melissa: if it ain't broke don't fix it, that say something apparently lost on hooters. yep, we've got it all in spare change. can you ever have too much, chiefage? i don't know. probably. we'll be right back. ♪ you make a great team.

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melissa: it is time for a little fun with "spare change." all-stars, very nice. before we get into it we have a "money" update. are you helping, are you retweeting? after a person ran out on the field during the all-star game after getting 1000 retweets. i said i would storm the varney set on air. we only have a few hours left. tell me what you want me to do. what should i do? >> he himself is not on twitter. melissa: that is not true, he is

@varneyco. he is asleep right now, are you kidding, it is 6:00 at night, he has already gone to bed. he has no idea i am coming. i think he has no idea i am coming. i have a surprise planned. go on and let him experience my prize. >> the royal baby may come tonight, he will be super excited, this may be too much excitement. melissa: you look like you are disgusted with all of this nonsense. >> i hope you get arrested like the guy at citi field should have. i see people start to retweet. if i see him, i'm tackling him before he goes to the ground. you don't use twitter to disrupt a baseball ggme. you can use twitter on

fox business. but this is like a past time. melissa: you sound very old and cranky right now. melissa: haven't you been thinking it needs an update? so here it is, on the left, changing the overturns. part of the chain's effort to modernize and appeal to millennial's. that will do it. what do you think of the new one? it still seems very breast a to me. you don't see it? >> really? melissa: do you have your glasses? >> now you get it? i think it is a little bit more

surprised. the windsor how much at this place? >> in a hyper but he says they go to hooters for the wings? i am here all week. melissa: new york mayors on a quest to use the stairs rather than the elevator. going so far as to propose legislation requiring all new buildings and those under major renovation to give occupants that are access to the stairwells. where does he come up with this stuff? >> this is like the new one world trade center. walk up. >> from a health perspective. i have a doctor on the second floor. the door to the stairs is always locked.

i can get to my doctor earlier. i would walk up 10 flights. melissa: one colorado town want to issue hunting permits for drones. considering offering rewards for drones shot down with shotguns. considering a special event called drone hunting day. are you going to go buy a permit? $25, you go with your shotgun and shoot down drones. >> it is illegal to destroy government property. how will they get by this? melissa: how are you going to shoot down a drone with a shotgun? >> there are a couple of things you don't want to destroy. i don't see this happening. >> the drone will shoot back. >> can't they just sit back? melissa: that is all the "money"

we have today. and stay tuned for "the willis report." we will see you tomorrow. >> hello, everybody, i am gerri willis. your user guide to health care in the spotlight tonight. how to curb your cost. it is easier than you think. and don't go out for another meal until you see the report on restaurants. and going more high tech to steal your money. we are watching out for you and your money tonight on "the willis report." ♪ gerri: well, we will have all of that and more coming up in